GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2013

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, 2013 and 2012 are provided in the following table (in thousands):

Balance, December 31, 2011	$	24,959
Adjustment to goodwill		(136	)
Goodwill acquired during the year		17,958
Balance, December 31, 2012		42,781
Adjustment to goodwill		(610	)
Balance, December 31, 2013	$	42,171

Summary of core deposit intangible assets

A summary of core deposit intangible assets as of December 31, 2013 and 2012 is as follows (in thousands):

	2013			2012
Gross carrying amount	$	11,674		$	11,674
Less accumulated amortization		(3,733	)		(2,627	)
Net carrying amount	$	7,941		$	9,047

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):

2014	$	1,106
2015		1,106
2016		1,106
2017		1,106
2018		1,106
Thereafter		2,411
	$	7,941