Core Deposit and Other Intangibles

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

CORE DEPOSIT AND OTHER INTANGIBLES

On April 17, 2015, the C Financial acquisition resulted in a core deposit intangible of $981,000. Additionally, on June 12, 2015, the sale of FMIG resulted in an other intangible reduction of $742,000. Additional details of these transactions can be found in NOTE 2. ACQUISITIONS AND DIVESTITURES, included within the Notes to Consolidated Condensed Financial Statements of this Form 10-Q.

The carrying basis and accumulated amortization of recognized core deposit and other intangibles are noted below.



	June 30, 2015			June 30, 2014
Gross Carrying Amount	$	58,360		$	53,702
Core deposit and other intangibles acquired	981
Accumulated amortization	(43,779		)	(41,067		)
Core deposit and other intangibles reduction	(742		)
Core deposit and other intangibles	$	14,820		$	12,635

Estimated future amortization expense is summarized as follows:



	Amortization Expense
2016	$	1,385
2017	2,734
2018	2,697
2019	1,584
2020	1,356
After 2020	5,064
	$	14,820