XML 61 R40.htm IDEA: XBRL DOCUMENT
v3.8.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS (Table) | 12 Months Ended
--- | ---
Dec. 31, 2017
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract] |
Schedule of Components of Goodwill and Other Acquired Intangible Assets | The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 201 7 and 201 6. On May 19, 2017, the Bank acquired three branches located in Arbutus, Owings Mills and Elkridge, Maryland from NWBI. The purchase of these branches resulted in core deposit intangibles of $4.0 million and goodwill of $15.0 million. The Insurance segment had goodwill of $10.1 million at the end of 201 7 and $9.4 million at the end of 201 6 due to an immaterial reclassification between goodwill and deferred taxes of $702 thousand identified during 2017. See Note 27 for further information regarding the Company’s business segments. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2017
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
﻿ |  | Gross |  | Accumulated |  |  |  |  | Net |  | Average
﻿ |  | Carrying |  | Impairment |  | Accumulated |  | Carrying |  | Remaining Life
﻿(Dollars in thousands) |  | Amount |  | Charges |  | Amortization |  | Amount |  | (in years)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | $ | 30,922 |  | $ | (2,637) |  | $ | (667) |  | $ | 27,618 |  | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Employment agreements |  | $ | 440 |  | $ | - |  | $ | (440) |  | $ | - |  | -
﻿Insurance expirations |  |  | 1,270 |  |  | - |  |  | (1,270) |  |  | - |  | -
﻿Customer relationships |  |  | 795 |  |  | (95) |  |  | (484) |  |  | 216 |  | 4.6
﻿Core deposit intangible |  |  | 3,954 |  |  | - |  |  | (231) |  |  | 3,723 |  | 9.4
﻿ |  |  | 6,459 |  |  | (95) |  |  | (2,425) |  |  | 3,939 |  |
﻿Unamortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Trade name |  |  | 780 |  |  | - |  |  | - |  |  | 780 |  | -
﻿ |  |  | 780 |  |  | - |  |  | - |  |  | 780 |  |
﻿Total other intangible assets |  | $ | 7,239 |  | $ | (95) |  | $ | (2,425) |  | $ | 4,719 |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2016
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
﻿ |  | Gross |  | Accumulated |  |  |  |  | Net |  | Average
﻿ |  | Carrying |  | Impairment |  | Accumulated |  | Carrying |  | Remaining Life
﻿ |  | Amount |  | Charges |  | Amortization |  | Amount |  | (in years)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | $ | 15,235 |  | $ | (2,637) |  | $ | (667) |  | $ | 11,931 |  | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Employment agreements |  | $ | 440 |  | $ | - |  | $ | (440) |  | $ | - |  | -
﻿Insurance expirations |  |  | 1,270 |  |  | - |  |  | (1,233) |  |  | 37 |  | 0.4
﻿Customer relationships |  |  | 795 |  |  | (95) |  |  | (438) |  |  | 262 |  | 5.6
﻿ |  |  | 2,505 |  |  | (95) |  |  | (2,111) |  |  | 299 |  |
﻿Unamortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Carrier relationships |  |  | - |  |  | - |  |  | - |  |  | - |  | -
﻿Trade name |  |  | 780 |  |  | - |  |  | - |  |  | 780 |  | -
﻿ |  |  | 780 |  |  | - |  |  | - |  |  | 780 |  |
﻿Total other intangible assets |  | $ | 3,285 |  | $ | (95) |  | $ | (2,111) |  | $ | 1,079 |  |
﻿
Future Amortization Expense for Amortizable Other Intangible Assets | ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ The following table provides information on current period and estimated future amortization expense for amortizable other intangible assets. ﻿ ﻿ ﻿ ﻿
﻿ |  |  |  |  |
﻿ |  |  |  | Amortization
﻿(Dollars in thousands) |  |  | Expense
﻿Estimate for years ended December 31, | 2018 |  |  | $ | 442
﻿ | 2019 |  |  |  | 442
﻿ | 2020 |  |  |  | 442
﻿ | 2021 |  |  |  | 439
﻿ | 2022 |  |  |  | 427
﻿ | Thereafter |  |  |  | 1,747
﻿

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived 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 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration