Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2014

Goodwill And Other Intangible Assets

Goodwill and Other Intangible Assets

Note 10 – Goodwill and Other Intangible Assets

The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as of March 31, 2014, December 31, 2013, and March 31, 2013 and the carrying amount of unamortized intangible assets as of those same dates.

	March 31, 2014				December 31, 2013				March 31, 2013
($ in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable intangible assets:
Customer lists	$	678		473		678		462		678		428
Core deposit premiums		8,560		6,125		8,560		5,942		8,560		5,316
Total	$	9,238		6,598		9,238		6,404		9,238		5,744
Unamortizable intangible assets:
Goodwill	$	65,835				65,835				65,835

Amortization expense totaled $194,000 and $199,000 for the three months ended March 31, 2014 and 2013, respectively.

The following table presents the estimated amortization expense for the last three quarters of calendar year 2014 and for each of the four calendar years ending December 31, 2018 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.

($ in thousands)	Estimated Amortization Expense
April 1 to December 31, 2014	$	583
2015		721
2016		654
2017		404
2018		129
Thereafter		149
Total	$	2,640