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GOODWILL AND OTHER INTANGIBLE ASSETS (Table) | 12 Months Ended
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Dec. 31, 2018
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, 2018 and 2017. On December 31, 2018 the Company sold its insurance subsidiary, Avon Dixon, LLC and discontinued operations of its premium finance company, Mubell, LLC, which have been removed from the table. In addition, 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. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2018
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
﻿ |  | Gross |  | Accumulated |  |  |  |  | Net |  | Average
﻿ |  | Carrying |  | Impairment |  | Accumulated |  | Carrying |  | Remaining Life
﻿(Dollars in thousands) |  | Amount |  | Charges |  | Amortization |  | Amount |  | (in years)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | $ | 19,728 |  | $ | (1,543) |  | $ | (667) |  | $ | 17,518 |  | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Core deposit intangible |  | $ | 3,954 |  | $ | - |  | $ | (1,097) |  | $ | 2,857 |  | 7.2
﻿Total other intangible assets |  | $ | 3,954 |  | $ | - |  | $ | (1,097) |  | $ | 2,857 |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2017
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
﻿ |  | Gross |  | Accumulated |  |  |  |  | Net |  | Average
﻿ |  | Carrying |  | Impairment |  | Accumulated |  | Carrying |  | Remaining Life
﻿ |  | Amount |  | Charges |  | Amortization |  | Amount |  | (in years)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | $ | 19,728 |  | $ | (1,543) |  | $ | (667) |  | $ | 17,518 |  | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Core deposit intangible |  |  | 3,954 |  |  | - |  |  | (231) |  |  | 3,723 |  | 9.4
﻿Total other intangible assets |  | $ | 3,954 |  | $ | - |  | $ | (231) |  | $ | 3,723 |  |
﻿
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, | 2019 |  |  | $ | 605
﻿ | 2020 |  |  |  | 533
﻿ | 2021 |  |  |  | 461
﻿ | 2022 |  |  |  | 389
﻿ | 2023 |  |  |  | 317
﻿ | Thereafter |  |  |  | 552
﻿

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- 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
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- 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
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