Intangible Assets

12 Months Ended

Dec. 31, 2012

Intangible Assets [Abstract]

INTANGIBLE ASSETS

NOTE 8.     INTANGIBLE ASSETS

Intangible assets consist of the following:

(dollar amounts in thousands)	Estimated Useful Life In Years		December 31,
			2012			2011
Trade Name		Indefinite	$	5,700		$	5,700
Customer Relationships		11		9,100			9,100
				14,800			14,800
Less Accumulated Amortization				(3,313	)		(2,489	)
			$	11,487		$	12,311

Intangible assets with finite useful lives are amortized over their respective useful lives. Based on the carrying values at December 31, 2012 and assuming no subsequent impairment of the underlying assets, the annual amortization is expected to be $0.8 million in 2013 through 2017 and thereafter.