Note 7 - Core Deposit Intangible Assets, Net

12 Months Ended

Dec. 31, 2017

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, 2017

and

December 31, 2016.

As of

December 31, 2017,

the accumulated amortization on core deposit intangible assets was

$9.9

million, providing for a net carry balance of

$7.6

million. As of

December 31, 2016,

the accumulated amortization on core deposit intangible assets was

$7.5

million, providing for a net carry balance of

$1

0.0

million.

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

201 8	$	2,039,000
201 9		1,721,000
20 20		1,403,000
20 21		1,086,000
202 2		768,000
Thereafter		583,000