Note 7 - Core Deposit Intangible Assets, Net

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE

7

– CORE DEPOSIT INTANGIBLE ASSETS, NET

The gross carrying amount of core deposit intangible assets totaled

$17.5

million as of

December

31,

2016

and

December

31,

2015.

As of

December

31,

2016,

the accumulated amortization on core deposit intangible assets was

$7.5

million, providing for a net carry balance of

$10.0

million. As of

December

31,

2015,

the accumulated amortization on core deposit intangible assets was

$4.9

million, providing for a net carry balance of

$12.6

million.

The scheduled amortization expense on core deposit intangible assets in future periods is:

2017	$	2,357,000
2018		2,039,000
2019		1,721,000
2020		1,403,000
2021		1,086,000
Thereafter		1,351,000