Business Combinations, Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations, Goodwill and Intangible Assets [Abstract]

Schedule of Business Combination Consideration

October 1, 2013

Consideration
Cash for Options and Fractional Shares	$	643
Cash Consideration		1,391
Equity Instruments		13,348
Fair Value of Total Consideration Transferred	$	15,382

Schedule of Assets Acquired and Liabilities Assumed

Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed:

Cash and Due From Banks	$	430
Federal Funds Sold, Other Short-term Investments		7,362
Interest-bearing Time Deposits with Banks		100
Securities		25,644
Loans		79,575
Premises, Furniture & Equipment		1,718
Core Deposit Intangible		2,052
Accrued Interest Receivable & Other Assets		3,638
Deposits		(106,633	)
Accrued Interest Payable and Other Liabilities		(175	)
Total Identifiable Net Assets	$	13,711
Goodwill	$	1,671

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the periods ended December 31, 2013, 2012, and 2011 were classified as follows:

	2013		2012		2011
Beginning of Year	$	18,865	$	18,865	$	9,835
Acquired Goodwill		1,671		-		9,030
Impairment		-		-		-
End of Year	$	20,536	$	18,865	$	18,865

Schedule of Acquired Intangible Assets

Acquired intangible assets were as follows as of year end:	2013
	Gross		Accumulated
	Amount		Amortization
Core Banking
Core Deposit Intangible	$	9,004	$	5,815
Unidentified Branch Acquisition Intangible		257		257
Insurance
Customer List		5,199		5,060
Total	$	14,460	$	11,132
Acquired intangible assets were as follows as of year end:	2012
		Gross		Accumulated
		Amount		Amortization
Core Banking
Core Deposit Intangible	$	6,952	$	4,665
Unidentified Branch Acquisition Intangible		257		257
Insurance
Customer List		5,199		4,794
Total	$	12,408	$	9,716

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the next five years is as follows:

2014	1,254
2015	790
2016	493
2017	323
2018	235