Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Other Intangible Assets [Abstract]

Schedule of gross carrying value and accumulated amortization of intangible assets

The following table provides the gross carrying value and accumulated amortization of intangible assets as of June 30, 2017 and December 31, 2016 (in thousands):

	June 30, 2017							December 31, 2016
	Gross carrying value		Accumulated amortization			Net carrying value		Gross carrying value		Accumulated amortization			Net carrying value
Amortized intangible assets (1):
MSRs	$	1,560	$	(878	)	$	682	$	1,471	$	(787	)	$	684
Core deposit intangibles		1,641		(454	)		1,187		1,641		(320	)		1,321
Covenant not to compete		125		(49	)		76		125		(34	)		91
Total amortized intangible assets	$	3,326	$	(1,381	)	$	1,945	$	3,237	$	(1,141	)	$	2,096
Unamortized intangible assets:
Goodwill	$	21,089						$	21,089
(1) Excludes fully amortized intangible assets

Schedule of future amortization expense for amortized intangible assets

The following table provides the current year and estimated future amortization expense for amortized intangible assets. We based our projections of amortization expense shown below on existing asset balances at June 30, 2017. Future amortization expense may vary from these projections (in thousands):

	MSRs		Core deposit intangibles		Covenant not to compete		Total
Three months ended June 30, 2017 (actual)	$	45	$	66	$	7	$	118
Six months ended June 30, 2017 (actual)	$	91	$	134	$	15	$	240
Three months June 30, 2016 (actual)	$	44	$	74	$	8	$	126
Six months June 30, 2016 (actual)	$	90	$	148	$	16	$	254
Estimate for year ended December 31,
Remaining 2017		95		132		16		243
2018		160		236		30		426
2019		127		206		30		363
2020		98		177		-		275
2021		73		147		-		220