CORE DEPOSIT INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2017

CORE DEPOSIT INTANGIBLE ASSETS

Changes In Net Book Value Of Core Deposit Intangible Assets

	Six Months Ended June 30,
	2017		2016
Balance at beginning of period	$	3,030,309	$	2,624,184
Amortization expense		(433,342)		(348,132)
Balance, at end of period	$	2,596,967	$	2,276,052

Gross Carrying Amount, Accumulated Amortization And Net Carrying Amount Of Core Deposit Intangible Assets

	June 30, 2017		December 31, 2016
Gross carrying amount	$	6,775,211	$	6,775,211
Accumulated amortization		(4,178,244)		(3,744,902)
Net carrying amount	$	2,596,967	$	3,030,309

Future Amortization Expense For The Company's Core-Deposit Intangible Assets

Six months ending December 31:	Amount
2017	$	355,841
Twelve months ending December 31:
2018		616,111
2019		540,682
2020		488,027
2021		380,430
Subsequent years		215,876
Total	$	2,596,967