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Business Combination & Asset Purchase (Tables) | 12 Months Ended
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Dec. 31, 2014
Business Combinations [Abstract] |
Estimated Values of Assets Acquired and Liabilities Assumed | The following table summarizes the estimated values of the assets acquired and the liabilities assumed:
($ in Thousands) |
Cash |  | $ | 204 |
Loans |  |  | 11,436 |
Accrued Interest on Loans |  |  | 31 |
Premises and Equipment |  |  | 271 |
Core Deposit Intangible Asset |  |  | 1,171 |
Other Assets |  |  | 1 |
Total Assets Acquired |  | $ | 13,114 |
Deposits |  | $ | 29,466 |
Accrued Interest on Deposits |  |  | 17 |
Other Liabilities |  |  | 17 |
Total Liabilities Assumed |  | $ | 29,500 |
Net Liabilities Assumed |  | $ | (16,386 | )
Amortization Expense of Core Deposit Intangible Assets | Amortization expense of the core deposit intangible assets remaining is as follows:
|  | Hicksville |  |  | Custar |  |  | Total |
2015 |  | $ | 155 |  |  | $ | 167 |  |  | $ | 322 |
2016 |  |  | 155 |  |  |  | 167 |  |  |  | 322 |
2017 |  |  | 78 |  |  |  | 167 |  |  |  | 245 |
2018 |  |  | — |  |  |  | 167 |  |  |  | 167 |
2019 |  |  | — |  |  |  | 167 |  |  |  | 167 |
Thereafter |  |  | — |  |  |  | 162 |  |  |  | 162 |
Total |  | $ | 388 |  |  | $ | 997 |  |  | $ | 1,385 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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