Goodwill and Intangible Assets Disclosure [Text Block] |
NOTE 6. GOODWILL AND OTHER INTANGIBLE ASSETS The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 2013 and 2012. The Community Banking segment and the Insurance Products and Services segment had goodwill of $2.6 million and $9.9 million, respectively, at the end of both 2013 and 2012. See Note 25 for further information regarding the Company’s business segments. | | December 31, 2013 | | December 31, 2012 | | | | | | | | | | | | Weighted | | | | | | | | | | Weighted | | | | | | | | | | | | Average | | | | | | | | | | Average | | | | Gross | | Accumulated | | | | Net | | Remaining | | Gross | | Accumulated | | | | Net | | Remaining | | | | Carrying | | Impairment | | Accumulated | | Carrying | | Life | | Carrying | | Impairment | | Accumulated | | Carrying | | Life | | (Dollars in thousands) | | Amount | | Charges | | Amortization | | Amount | | (in years) | | Amount | | Charges | | Amortization | | Amount | | (in years) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Goodwill | | $ | 17,345 | | $ | (4,224) | | $ | (667) | | $ | 12,454 | | - | | $ | 17,345 | | $ | (4,224) | | $ | (667) | | $ | 12,454 | | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other intangible assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortizable | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Employment agreements | | $ | 1,730 | | $ | - | | $ | (1,448) | | $ | 282 | | 1.7 | | $ | 1,730 | | $ | - | | $ | (1,286) | | $ | 444 | | 2.0 | | Insurance expirations | | | 1,270 | | | - | | | (979) | | | 291 | | 3.4 | | | 1,270 | | | - | | | (894) | | | 376 | | 4.4 | | Customer relationships | | | 960 | | | (126) | | | (352) | | | 482 | | 9.7 | | | 960 | | | (126) | | | (303) | | | 531 | | 10.7 | | | | | 3,960 | | | (126) | | | (2,779) | | | 1,055 | | | | | 4,928 | | | (126) | | | (3,451) | | | 1,351 | | | | Unamortizable | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Carrier relationships | | | 1,300 | | | (45) | | | - | | | 1,255 | | - | | | 1,300 | | | (45) | | | - | | | 1,255 | | - | | Trade name | | | 1,210 | | | - | | | - | | | 1,210 | | - | | | 1,210 | | | - | | | - | | | 1,210 | | - | | | | | 2,510 | | | (45) | | | - | | | 2,465 | | | | | 2,510 | | | (45) | | | - | | | 2,465 | | | | Total other intangible assets | | $ | 6,470 | | $ | (171) | | $ | (2,779) | | $ | 3,520 | | | | $ | 7,438 | | $ | (171) | | $ | (3,451) | | $ | 3,816 | | | | The following table provides information on current period and estimated future amortization expense for amortizable other intangible assets. | | Amortization | | (Dollars in thousands) | | Expense | | Year ended December 31, 2013 | | $ | 296 | | | | | | | Estimate for years ended December 31, 2014 | | | 296 | | 2015 | | | 255 | | 2016 | | | 134 | | 2017 | | | 87 | | 2018 | | | 50 | | |