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Note 8 - Other Intangible Assets
 12 Months Ended
Dec. 31, 2015
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

(8) Other Intangible Assets


The following is an analysis of the core deposit intangible activity for the years ended December 31:


   

Core

Deposit

Intangible

    

Accumulated

Amortization

    

Net Core

Deposit

Intangible

  
                         

Core Deposit Intangible

                        

Balance, December 31, 2013

   $ 1,056,693     $ (868,932 )   $ 187,761  
                         

Amortization Expense

     -       (35,749 )     (35,749 )
                         

Balance, December 31, 2014

     1,056,693       (904,681 )     152,012  
                         

Amortization Expense

     -       (35,748 )     (35,748 )
                         

Balance, December 31, 2015

   $ 1,056,693     $ (940,429 )   $ 116,264  

Amortization expense related to the core deposit intangible was $35,748, $35,749 and $35,749 for the years ended December 31, 2015, 2014 and 2013. Amortizations expense will continue at an annual rate of approximately $35,749 through the first quarter of 2019, at which point the core deposit will be fully amortized.