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INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | NOTE 4 - INTANGIBLE ASSETS The Company had net intangible assets of $84.8 million at June 30, 2014 and December 31, 2013, respectively. Intangible assets were as follows:
|  | June 30, 2014 |  | December 31, 2013
(Dollars in Thousands) |  | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
Core Deposit Intangibles |  | $ | 47,176 |  |  | $ | 47,176 |  |  | $ | 47,176 |  |  | $ | 47,176 |
Goodwill |  |  | 84,811 |  |  |  | — |  |  |  | 84,811 |  |  |  | — |
Customer Relationship Intangible |  |  | 1,867 |  |  |  | 1,867 |  |  |  | 1,867 |  |  |  | 1,835 |
Total Intangible Assets |  | $ | 133,854 |  |  | $ | 49,043 |  |  | $ | 133,854 |  |  | $ | 49,011 |
Goodwill: As of June 30, 2014 and December 31, 2013, the Company had goodwill, net of accumulated amortization, of $84.8 million. Goodwill is tested for impairment on an annual basis, or more often if impairment indicators exist. A goodwill impairment test consists of two steps. Step One compares the estimated fair value of the reporting unit to its carrying amount. If the carrying amount exceeds the estimated fair value, Step Two is performed by comparing the fair value of the reporting unit’s implied goodwill to the carrying value of goodwill. If the carrying value of the reporting unit’s goodwill exceeds the estimated fair value, an impairment charge is recorded equal to the excess. As of June 30, 2014, the Company’s net book value, including goodwill, exceeded its market capitalization, and as such, the Company performed goodwill impairment testing. The Step One test indicated that the carrying amount (including goodwill) of the Company’s reporting unit was less than its estimated fair value, therefore, no impairment was recorded. The Company will continue to evaluate goodwill for impairment as defined by ASC Topic 350.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
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