XML 35 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Other Intangibles (Tables)
 9 Months Ended
Sep. 30, 2013
Schedule of Goodwill and Intangible Assets Related to Acquisitions

The Corporation’s goodwill and intangible assets related to the acquisitions of Lau Associates LLC (“Lau”) in July, 2008, First Keystone Financial, Inc. (“FKF”) in July, 2010, the Private Wealth Management Group of the Hershey Trust Company (“PWMG”) in May, 2011, DTC in May, 2012 and the FBD Transaction in November, 2012 are detailed below:

 

(dollars in thousands)    Balance
December 31,
2012		      Additions/
Adjustments		     Amortization     Balance
September  30,
2013		      Amortization
Period

Goodwill - Wealth segment

    $ 20,466       $ (54 )   $ —        $ 20,412       Indefinite

Goodwill - Banking segment

      12,431         —          —          12,431       Indefinite
  

 

 

     

 

 

    

 

 

    

 

 

     

Total

    $ 32,897       $ (54 )    $ —        $ 32,843      

Core deposit intangible

    $ 1,654       $ —        $ (237 )    $ 1,417       10 Years

Customer relationships

      14,890         —          (971 )      13,919       10 to 20 Years

Non compete agreements

      4,244         —          (770 )      3,474       5 to 5 1/2 Years

Trade name

      1,210         —          —          1,210       Indefinite
  

 

 

     

 

 

    

 

 

    

 

 

     

Total

    $ 21,998       $ —        $ (1,978 )    $ 20,020      
  

 

 

     

 

 

    

 

 

    

 

 

     

Grand total

    $ 54,895       $ (54 )    $ (1,978 )    $ 52,863