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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill And Other Intangible Assets [Abstract]  
Summary of the gross carrying amount and accumulated amortization of amortizable intangible assets and the carrying amount of unamortized intangible assets

The following is a summary of the gross carrying amount and accumulated amortization of amortized intangible assets as of December 31, 2014 and December 31, 2013 and the carrying amount of unamortized intangible assets as of those same dates.  In 2013, the Company recorded a core deposit premium intangible of $586,000 in connection with the acquisition of two branches, which is being amortized on a straight-line basis over the estimated life of the related deposits of seven years.   

 

 

December 31, 2014

 

December 31, 2013


($ in thousands)

 

Gross Carrying

Amount

 

Accumulated

Amortization

 

Gross Carrying

Amount

 

Accumulated

Amortization

Amortized intangible assets:

         

    Customer lists

  $ 678   505   678   462

    Core deposit premiums

  8,560   6,675   8,560   5,942

        Total

  $ 9,238   7,180   9,238   6,404
       

Unamortized intangible assets:

       

    Goodwill

  $ 65,835     65,835  
       
Schedule of the estimated amortization expense for the five succeeding fiscal years

The following table presents the estimated amortization expense for intangible assets for each of the five calendar years ending December 31, 2019 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

2015

  $ 721

2016

  654

2017

  404

2018

  129

2019

  122

Thereafter

  28

         Total

  $ 2,058