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Intangible Assets
12 Months Ended
Dec. 31, 2013
Intangible Assets [Abstract]  
Intangible Assets
(8)Intangible Assets

The following is an analysis of the core deposit intangible activity for the years ended December 31:

 
 
Core Deposit Intangible
  
Accumulated Amortization
  
Net Core Deposit Intangible
 
 
 
  
  
 
Core Deposit Intangible
 
  
  
 
Balance, December 31, 2011
 
$
1,056,693
  
$
(797,435
)
 
$
259,258
 
 
            
Amortization Expense
  
-
   
(35,748
)
  
(35,748
)
 
            
Balance, December 31, 2012
  
1,056,693
   
(833,183
)
  
223,510
 
 
            
Amortization Expense
  
-
   
(35,749
)
  
(35,749
)
 
            
Balance, December 31, 2013
 
$
1,056,693
  
$
(868,932
)
 
$
187,761
 

Amortization expense related to the core deposit intangible was $35,749, $35,748 and $35,749 for the years ended December 31, 2013, 2012 and 2011.  Amortizations expense will continue at an annual rate of approximately $35,749 through the first quarter of 2019, at which point the core deposit will be fully amortized.