GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2014

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Changes to Carrying Amount of Goodwill

Changes to the carrying amount of goodwill for the years ended December 31, 2014 and 2013 are provided in the following table (in thousands):

	2014		2013
Beginning balance	$	42,171	$	42,781
Adjustment to goodwill		-		(610	)
Ending balance	$	42,171	$	42,171

Summary of Core Deposit Intangible Assets

A summary of core deposit intangible assets as of December 31, 2014 and 2013 is as follows (in thousands):

	2014			2013
Gross carrying amount	$	11,674		$	11,674
Less accumulated amortization		(4,840	)		(3,733	)
Net carrying amount	$	6,834		$	7,941

Estimated Amortization Expense on Core Deposit Intangible Assets

The estimated amortization expense on the core deposit intangible assets for the five succeeding years and thereafter is as follows (in thousands):

2015	$	1,106
2016		1,106
2017		1,106
2018		1,106
2019		1,107
Thereafter		1,303
	$	6,834