XML 39 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Gross Carrying Amounts and Accumulated Amortization of Intangible Assets and Goodwill

The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table:

September 30, 2016WeightedDecember 31, 2015Weighted
GrossNetAverageGrossNetAverage
CarryingAccumulatedCarryingRemainingCarryingAccumulatedCarryingRemaining
(Dollars in thousands)AmountAmortizationAmountLifeAmountAmortizationAmountLife
Amortizing intangible assets:
Other identifiable intangibles$9,296$(8,580)$71613.8 years$8,623$(8,485)$1382.0 years
Total amortizing intangible assets$9,296$(8,580)$716$8,623$(8,485)$138
Goodwill$85,768$85,768$84,171$84,171
Estimated Future Amortization Expense for Amortizing Intangibles

During the third quarter of 2016, a subsidiary of the Company acquired the operations and customer listing of an independent insurance agency, which resulted in the addition of $0.7 in other intangible assets and $1.6 million in goodwill.

The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31:

(In thousands)Amount
2016$14
201716
201816
201911
Thereafter659
Total amortizing intangible assets$716