Note 8 - Other Intangible Assets

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

(

8

)

Other

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, 2015	$	1,056,693	$	(940,429	)	$	116,264
Amortization Expense		-		(35,749	)		(35,749	)
Balance, December 31, 2016	$	1,056,693	$	(976,178	)	$	80,515
Amortization Expense		-		(35,749	)		(35,749	)
Balance, December 31, 201 7	$	1,056,693	$	(1,011,927	)	$	44,766

Amortization

expense related to the core deposit intangible was

$35,749,

$35,749

and

$35,748

for the years ended

December 31, 2017,

2016

and

2015.

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.