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Asset Purchases | 6 Months Ended
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Jun. 30, 2018
Business Combinations [Abstract] |
Asset Purchases | NOTE 2 ASSET PURCHASES The Company purchased an office on December 13, 2013 in Custar, Ohio. Core deposit intangible assets of $1.17 million were recognized and are being amortized over its remaining economic useful life of the deposits of 7 years on a straight line basis. The amortization expense for the year ended December 31, 2017 was $245 thousand, which included the remaining $78 thousand from the purchase of the Hicksville office on July 9, 2010. Of the $167 thousand to be expensed in 2018, $84 thousand has been expensed for the six months ended June 30, 2018.
|  | (In Thousands) |
|  | Custar |
2018 |  | $ | 167 |
2019 |  |  | 167 |
2020 |  |  | 161 |
|  | $ | 495 |

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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- References No definition available. + Details
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