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GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS  
Schedule of progression of the balance for goodwill

 

 

December 31, (in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Beginning of year

 

$

10,168

 

$

10,168

 

Acquired goodwill

 

 

 

Impairment

 

 

 

 

 

 

 

 

 

End of year

 

$

10,168

 

$

10,168

 

 

Schedule of core deposit intangibles, which are included in other assets in the Company's consolidated balance sheets

 

 

 

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31, (in thousands)

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

1,160

 

$

1,160

 

$

1,160

 

$

650

 

 

Schedule of aggregate core deposit intangible amortization expense

 

 

December 31, (in thousands)

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Aggregate core deposit intangible amortization expense

 

$

510

 

$

171

 

$

59