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Intangible Assets
 6 Months Ended
Jun. 30, 2019
Intangible Assets  
Intangible Assets

6.Intangible Assets

During the six months ended June 30, 2019, there were no changes in the carrying value of the Company’s indefinite-lived intangible assets (goodwill and trademarks). The Company’s amortizable intangible assets, which were included within other assets in the Consolidated Condensed Balance Sheets (unaudited), consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

December 31, 2018

 

 

Weighted

 

Gross

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

Average

 

Carrying

 

Accumulated

 

 

 

 

Carrying

 

Accumulated

 

 

 

 

    

Life (Years)

    

Amount

    

Amortization

    

Net

    

Amount

    

Amortization

    

Net

 

 

 

 

(Dollars in thousands)

 

(Dollars in thousands)

Amortizable intangible assets

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Customer relationships

 

15

 

$

3,500

 

$

(1,944)

 

$

1,556

 

$

3,500

 

$

(1,828)

 

$

1,672

Total amortizable intangible assets

 

  

 

$

3,500

 

$

(1,944)

 

$

1,556

 

$

3,500

 

$

(1,828)

 

$

1,672

 

Amortization expense related to the intangible assets was approximately $58,000 in both the second quarters of 2019 and 2018. For the six months ended June 30, amortization expense related to the intangible assets was approximately $116,000 in 2019 and $117,000 in 2018.