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Business Combination & Asset Purchase | 12 Months Ended
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Dec. 31, 2018
Business Combinations [Abstract] |
Business Combination & Asset Purchase | Note 2 – Business Combination & Asset Purchase The Company recognized core deposit intangible assets of $1.17 million with the purchase of the Custar office on December 13, 2013. This is being amortized over an estimated remaining economic useful life of the deposits of 7 years on a straight line basis. The core deposit intangible is included in other assets on the consolidated balance sheets. The amortization expense for the years ended December 31, 2018, 2017 and 2016 was $167, $245, and $323 thousand, respectively. Amortization expense of the core deposit intangible assets remaining is as follows:
|  | Custar |
2019 |  | $ | 167 |
2020 |  |  | 161 |
Total |  | $ | 328 |

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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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