XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill and Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2018
Goodwill and Other Intangible Assets [Abstract] |
Goodwill and Other Intangible Assets | Note 6 – Goodwill and Other Intangible Assets The following table provides the gross carrying value and accumulated amortization of intangible assets as of September 30, 2018 and December 31, 2017 (in thousands):
|  | September 30, 2018 |  |  | December 31, 2017 |
|  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |  |  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |
Amortized intangible assets (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
MSRs |  | $ | 1,722 |  |  | $ | (1,055 | ) |  | $ | 667 |  |  | $ | 1,605 |  |  | $ | (912 | ) |  | $ | 693 |
Core deposit intangibles |  |  | 1,786 |  |  |  | (786 | ) |  |  | 1,000 |  |  |  | 1,786 |  |  |  | (586 | ) |  |  | 1,200 |
Covenant not to compete |  |  | 125 |  |  |  | (89 | ) |  |  | 36 |  |  |  | 125 |  |  |  | (65 | ) |  |  | 60 |
Total amortized intangible assets |  | $ | 3,633 |  |  | $ | (1,930 | ) |  | $ | 1,703 |  |  | $ | 3,516 |  |  | $ | (1,563 | ) |  | $ | 1,953 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 23,296 |  |  |  |  |  |  |  |  |  |  | $ | 23,296 |  |  |  |  |  |  |  |  |
(1) Excludes fully amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
The following table provides the current year and estimated future amortization expense for amortized intangible assets for the next five years. We based our projections of amortization expense shown below on existing asset balances (in thousands) at September 30, 2018. Future amortization expense may vary from these projections:
|  | MSRs |  |  | Core deposit intangibles |  |  | Covenant not to compete |  |  | Total |
Three months ended September 30, 2018 (actual) |  | $ | 46 |  |  | $ | 66 |  |  | $ | 8 |  |  | $ | 120 |
Nine months ended September 30, 2018 (actual) |  |  | 143 |  |  |  | 200 |  |  |  | 24 |  |  |  | 367 |
Three months ended September 30, 2017 (actual) |  |  | 44 |  |  |  | 66 |  |  |  | 8 |  |  |  | 118 |
Nine months September 30, 2017 (actual) |  |  | 134 |  |  |  | 200 |  |  |  | 23 |  |  |  | 357 |
Estimate for year ended December 31, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Remaining 2018 |  |  | 43 |  |  |  | 64 |  |  |  | 7 |  |  |  | 114 |
2019 |  |  | 173 |  |  |  | 230 |  |  |  | 29 |  |  |  | 432 |
2020 |  |  | 137 |  |  |  | 197 |  |  |  | - |  |  |  | 334 |
2021 |  |  | 106 |  |  |  | 165 |  |  |  | - |  |  |  | 271 |
2022 |  |  | 78 |  |  |  | 133 |  |  |  | - |  |  |  | 211 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration