GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets by Major Class

The following information relates to other intangible assets, all of which are being amortized over their estimated useful lives:

	2011			2010
Balance, January 1	$	9,897		$	6,361
Intangible assets generated by FDIC-assisted transactions	1,521			9,739
Amortization	(4,386		)	(6,203		)
Balance, December 31	$	7,032		$	9,897

Intangible assets generated by FDIC-assisted transactions, which represent the estimated fair value of core deposits and other customer relationships that were acquired, are being amortized over a four-year life on an accelerated basis. The gross amount of Core Deposit Intangibles and accumulated amortization as of December 31, 2011 and 2011 are:

	2011			2010
Gross balance	$	18,966		$	17,445
Accumulated amortization	(11,934		)	(7,548		)
Carrying value	$	7,032		$	9,897

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Based on current estimated useful lives and carrying values, BancShares anticipates amortization expense for intangible assets in subsequent periods will be:

2012	$	3,476
2013	2,308
2014	1,122
2015	126
2016	—
Beyond 2016	—
	$	7,032