XML 28 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Balance of Unamortized Intangible Assets (goodwill)
For intangible assets related to business combinations, the following is a summary of the changes in the balance of unamortized intangible assets (goodwill) during the years ended December 31, 2014, 2013 and 2012: 
(dollars in thousands)
 
For the Twelve Months Ended
December 31,
 
 
2014
 
2013
 
2012
Gross balance at beginning of year
 
$
4,205

 
$
4,205

 
$
3,905

Accumulated impairment balance beginning of year
 

 

 

Effect of Granite merger
 

 

 
300

Impairment
 

 

 

Accumulated balance at end of year
 
$
4,205

 
$
4,205

 
$
4,205

Changes in Original Carrying Amount of Amortized Intangible Assets
For intangible assets related to business combinations, the following is a summary of the gross carrying amount and accumulated amortization of amortized intangible assets and the carrying amount of unamortized intangible assets:
(dollars in thousands)
 
As of December 31,
 
 
2014
 
2013
Core deposit premium related to whole bank acquisitions:
 
 
 
 
Carrying amount
 
$
13,102

 
$
13,102

Accumulated amortization
 
9,147

 
7,739

Net core deposit premium
 
$
3,955

 
$
5,363

Estimated Amortization Expense for Intangible Assets
The following table presents the estimated amortization expense for intangible assets related to business combinations for each of the five calendar years ending December 31, 2019 and the estimated amount amortizable thereafter. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortized intangible assets.
(dollars in thousands)
Estimated
Amortization
Expense
2015
$
1,385

2016
834

2017
613

2018
613

2019
510

Total
$
3,955