Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Other Intangible Assets [Abstract]

Gross Carrying Value and Accumulated Amortization of Intangible Assets

The following table provides the gross carrying value and accumulated amortization of intangible assets as of June 30, 2018 and December 31, 2017 (in thousands):

	June 30, 2018							December 31, 2017
	Gross carrying value		Accumulated amortization			Net carrying value		Gross carrying  value		Accumulated amortization			Net carrying value
Amortized intangible assets (1):
MSRs	$	1,656	$	(1,009	)	$	647	$	1,605	$	(912	)	$	693
Core deposit intangibles		1,786		(721	)		1,065		1,786		(586	)		1,200
Covenant not to compete		125		(81	)		44		125		(65	)		60
Total amortized intangible assets	$	3,567	$	(1,811	)	$	1,756	$	3,516	$	(1,563	)	$	1,953
Unamortized intangible assets:
Goodwill	$	23,296						$	23,296
(1) Excludes fully amortized intangible assets

Future Amortization Expense for Amortized Intangible Assets

The following table provides the current year and estimated future amortization expense for amortized intangible assets for the next five years. We based our projections of amortization expense shown below on existing asset balances at June 30, 2018. Future amortization expense may vary from these projections (in thousands):

	MSRs		Core deposit intangibles		Covenant not to compete		Total
Three months ended June 30, 2018 (actual)	$	48	$	66	$	8	$	122
Six months  ended June 30, 2018 (actual)		97		134		16		247
Three months ended June 30, 2017 (actual)		45		66		7		118
Six months June 30, 2017 (actual)		91		134		15		240
Estimate for year ended December 31,
Remaining 2018		88		130		15		233
2019		157		230		29		416
2020		123		197		-		320
2021		94		165		-		259
2022		69		133		-		202