Intangible assets, net

12 Months Ended

Dec. 31, 2017

7. Intangible assets, net:

The gross carrying amount of core deposit intangible assets totaled $8,146 at December 31, 2017 and 2016. The gross carrying amount of trade name intangible assets totaled $203 at December 31, 2017 and 2016. 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, 2017 and 2016. The accumulated amortization on core deposit intangible assets was $5,810 and $4,958 at December 31, 2017 and 2016, respectively. The accumulated amortization on trade name intangible assets was $128 and $102 at December 31, 2017 and 2016, respectively. The accumulated amortization on the asset management and retirement plan services intangible asset was $324 and $169 at December 31, 2017 and 2016, respectively. Amortization expense amounted to $1,034, $1,186 and $1,195 in 2017, 2016 and 2015, respectively.

The estimated amortization expense on intangible assets in years subsequent to December 31, 2017, is as follows:


2018	$	882
2019		730
2020		606
2021		491
2022		363
Thereafter		106