Intangible Assets

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Note 11 – Intangible Assets

As a result of the acquisition of Alliance Bank Corporation in 2005, American Trust & Savings Bank in 2010, Heartland in 2012 and Summit in 2014, the Company has recorded certain amortizable intangible assets related to core deposit intangibles. The core deposit intangible is being amortized over seven to ten years using an accelerated method. Amortizable intangible assets are summarized as follows:


	December 31, 2014					December 31, 2013
	Gross Carrying		Accumulated			Gross Carrying		Accumulated
	Amount		Amortization			Amount		Amortization
Amortizable intangible assets Core deposit intangible	$	8,526	$	(4,561	)	$	6,969	$	(3,681	)

Amortization expense for intangible assets totaled $880,000, $760,000, and $576,000 for the years ended December 31, 2014, 2013 and 2012. Estimated amortization for the years ending December 31 is as follows:


2015	$	768
2016		666
2017		664
2018		661
2019		519
Thereafter		687

	$	3,965