Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2017

Goodwill and Other Intangible Assets [Abstract]

Schedule of gross carrying value and accumulated amortization of intangible assets

The following table provides the gross carrying value and accumulated amortization of intangible assets as of March 31, 2017 and December 31, 2016 (in thousands):

	March 31, 2017							December 31, 2016
	Gross carrying value		Accumulated amortization			Net carrying value		Gross carrying value		Accumulated amortization			Net carrying value
Amortized intangible assets (1):
MSRs	$	1,509	$	(833	)	$	676	$	1,471	$	(787	)	$	684
Core deposit intangibles		1,641		(388	)		1,253		1,641		(320	)		1,321
Covenant not to compete		125		(42	)		83		125		(34	)		91
Total amortized intangible assets	$	3,275	$	(1,262	)	$	2,012	$	3,237	$	(1,141	)	$	2,096
Unamortized intangible assets:
Goodwill	$	21,089						$	21,089
(1) Excludes fully amortized intangible assets

Schedule of future amortization expense for amortized intangible assets

The following table provides the current year and estimated future amortization expense for amortized intangible assets. We based our projections of amortization expense shown below on existing asset balances at March 31, 2017. Future amortization expense may vary from these projections (in thousands):

	MSRs		Core deposit intangibles		Covenant not to compete		Total
Three months ended March 31, 2017 (actual)	$	47	$	68	$	8	$	123
Three months ended March 31, 2016 (actual)	$	46	$	74	$	8	$	128
Estimate for year ended December 31,
Remaining 2017		138		198		23		360
2018		150		236		30		416
2019		119		206		30		355
2020		91		177		-		268
2021		68		147		-		215