Goodwill

12 Months Ended

Dec. 31, 2013

Goodwill and Other Intangible Assets Disclosure [Abstract]

Note 7: Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2013 and 2012 were:

($ in thousands)	2013			2012
Balance as of January 1
Goodwill	$	21,415		$	21,415
Accumulated impairment losses - Data Processing		(5,062	)		(5,062	)

Balance as of December 31
Goodwill		21,415			21,415
Accumulated impairment losses - Data Processing		(5,062	)		(5,062	)
	$	16,353		$	16,353

Goodwill impairment is tested on the last day of the last quarter of each calendar year. The goodwill impairment test is performed in two steps. If the fair market value of the stock is greater than the calculated book value of the stock, the goodwill is deemed not to be impaired and no further testing is required. If the fair market value is less than the calculated book value, an additional step of determining fair value is taken to determine if there is any impairment. Goodwill at State Bank was reviewed independently as of December 31, 2013 and 2012. Step one indicated the fair value of State Bank was in excess of its book value at the end of both 2013 and 2012 and no further testing was required.