Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2017 and December 31, 2016 (in thousands):

	September 30, 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	$	1,604	$	(921	)	$	683	$	1,471	$	(787	)	$	684
Core deposit intangibles		1,641		(520	)		1,121		1,641		(320	)		1,321
Covenant not to compete		125		(57	)		68		125		(34	)		91
Total amortized intangible assets	$	3,370	$	(1,498	)	$	1,872	$	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 September 30, 2017. Future amortization expense may vary from these projections (in thousands):

	MSRs		Core deposit intangibles		Covenant not to compete		Total
Three months ended September 30, 2017 (actual)	$	44	$	66	$	8	$	118
Nine months ended September 30, 2017 (actual)	$	134	$	200	$	23	$	357
Three months September 30, 2016 (actual)	$	42	$	74	$	8	$	124
Nine months September 30, 2016 (actual)	$	132	$	222	$	24	$	378
Estimate for year ended December 31,
Remaining 2017		49		65		8		122
2018		138		236		30		404
2019		134		206		30		370
2020		103		177		-		280
2021		78		147		-		225