Intangible assets, net

12 Months Ended

Dec. 31, 2016

7. Intangible assets, net:

The gross carrying amount of core deposit intangible assets totaled $8,146 at December 31, 2016 and 2015. The gross carrying amount of trade name intangible assets totaled $203 at December 31, 2016 and 2015. The gross carrying amount of the intangible asset related to the acquisition of an asset management and retirement plan services company acquired in 2015 totaled $1,091 at December 31, 2016 and 2015. The accumulated amortization on core deposit intangible assets was $4,958 and $3,957 at December 31, 2016 and 2015, respectively. The accumulated amortization on trade name intangible assets was $102 and $73 at December 31, 2016 and 2015, respectively. The accumulated amortization on the asset management and retirement plan services intangible asset was $169 and $13 at December 31, 2016 and 2015, respectively. Amortization expense amounted to $1,186, $1,195 and $1,334 in 2016, 2015 and 2014, respectively.

The estimated amortization expense on intangible assets in years subsequent to December 31, 2016, is as follows:


2017	$	1,034
2018		882
2019		730
2020		606
2021		491
Thereafter	$	468