GOODWILL AND OTHER INTANGIBLE ASSETS (Table)

12 Months Ended

Dec. 31, 2017

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Schedule of Components of Goodwill and Other Acquired Intangible Assets

The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 2017 and 2016.  On May 19, 2017, the Bank acquired three branches located in Arbutus, Owings Mills and Elkridge, Maryland from NWBI. The purchase of these branches resulted in core deposit intangibles of $4.0 million and goodwill of $15.0 million. The Insurance segment had goodwill of $10.1 million at the end of 2017 and $9.4 million at the end of 2016 due to an immaterial reclassification between goodwill and deferred taxes of $702 thousand identified during 2017. See Note 27 for further information regarding the Company’s business segments.

December 31, 2017
									Weighted
	Gross		Accumulated				Net		Average
	Carrying		Impairment		Accumulated		Carrying		Remaining Life
(Dollars in thousands)	Amount		Charges		Amortization		Amount		(in years)
Goodwill	$	30,922	$	(2,637)	$	(667)	$	27,618	-
Other intangible assets
Amortizable
Employment agreements	$	440	$	-	$	(440)	$	-	-
Insurance expirations		1,270		-		(1,270)		-	-
Customer relationships		795		(95)		(484)		216	4.6
Core deposit intangible		3,954		-		(231)		3,723	9.4
		6,459		(95)		(2,425)		3,939
Unamortizable
Trade name		780		-		-		780	-
		780		-		-		780
Total other intangible assets	$	7,239	$	(95)	$	(2,425)	$	4,719
December 31, 2016
									Weighted
	Gross		Accumulated				Net		Average
	Carrying		Impairment		Accumulated		Carrying		Remaining Life
	Amount		Charges		Amortization		Amount		(in years)
Goodwill	$	15,235	$	(2,637)	$	(667)	$	11,931	-
Other intangible assets
Amortizable
Employment agreements	$	440	$	-	$	(440)	$	-	-
Insurance expirations		1,270		-		(1,233)		37	0.4
Customer relationships		795		(95)		(438)		262	5.6
		2,505		(95)		(2,111)		299
Unamortizable
Carrier relationships		-		-		-		-	-
Trade name		780		-		-		780	-
		780		-		-		780
Total other intangible assets	$	3,285	$	(95)	$	(2,111)	$	1,079

Future Amortization Expense for Amortizable Other Intangible Assets

The following table provides information on current period and estimated future amortization expense for amortizable other intangible assets.

		Amortization
(Dollars in thousands)		Expense
Estimate for years ended December 31,	2018	$	442
	2019		442
	2020		442
	2021		439
	2022		427
	Thereafter		1,747