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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Changes to carrying amount of goodwill
Changes to the carrying amount of goodwill for the years ended December 31, 2012 and 2011 are provided in the following table (in thousands):
 
Balance, December 31, 2010
 
$
9,271
 
Goodwill acquired during the year
 
 
15,688
 
Balance, December 31, 2011
 
 
24,959
 
Adjustment to goodwill
 
 
(136
)
Goodwill acquired during the year
 
 
17,958
 
Balance, December 31, 2012
 
$
42,781
 
 
Summary of core deposit intangible assets
A summary of core deposit intangible assets as of December 31, 2012 and 2011 is as follows (in thousands):
 
 
2012
 
 
2011
 
Gross carrying amount
 
$
11,674
 
 
$
9,012
 
Less accumulated amortization
 
 
(2,627
)
 
 
(1,865
)
Net carrying amount
 
$
9,047
 
 
$
7,147
 
 
Estimated amortization expense on core deposit intangible assets
The estimated amortization expense on the core deposit intangible assets for the five succeeding years and thereafter is as follows (in thousands):
 
2013
 
$
1,106
 
2014
 
 
1,106
 
2015
 
 
1,106
 
2016
 
 
1,106
 
2017
 
 
1,106
 
Thereafter
 
 
3,517