Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 10 – Intangible Assets

As a result of the acquisition of Alliance Bank Corporation in 2005, American Trust & Savings Bank in 2010 and Heartland in 2012, the Company has recorded certain amortizable intangible assets related to core deposit intangibles. The Core deposit intangible is being amortized over seven to ten years using an accelerated method. Amortizable intangible assets are summarized as follows:

	December 31, 2013					December 31, 2012
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortizable intangible assets
Core deposit intangible	$	6,969	$	(3,681	)	$	6,969	$	(2,921	)

Amortization expense for intangible assets totaled $760,000, $576,000, and $449,000 for the years ended December 31, 2013, 2012 and 2011. Estimated amortization for the years ending December 31 is as follows:

2014	$	749
2015		602
2016		502
2017		502
2018		502
Thereafter		431
	$	3,288