XML 25 R11.htm IDEA: XBRL DOCUMENT v3.6.0.2
Goodwill
12 Months Ended
Dec. 31, 2016
Goodwill

Note 4. Goodwill

The Company has goodwill relating to the purchase of five branches during the years 1994 through 2000. The balance of the goodwill at both December 31, 2016 and 2015, as reflected on the consolidated balance sheets, was $2.8 million. Management determined that these purchases qualified as acquisitions of businesses and that the related unidentifiable intangibles were goodwill. Goodwill is tested annually for impairment. The test performed using financial information as of September 30, 2016 found no impairment. No events occurred between the date of the annual test and December 31, 2016 that would indicate the existence of impairment.