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Intangible Assets
12 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

NOTE 8. INTANGIBLE ASSETS

Intangible assets consist of the following:

 

(dollar amounts in thousands)

 

Estimated

useful life

 

 

December 31,

 

 

 

(In years)

 

 

2017

 

 

2016

 

Trade name

 

Indefinite

 

 

$

5,700

 

 

$

5,700

 

Customer relationships

 

 

11

 

 

 

9,611

 

 

 

9,611

 

 

 

 

 

 

 

 

15,311

 

 

 

15,311

 

Less accumulated amortization

 

 

 

 

 

 

(7,587

)

 

 

(6,716

)

 

 

 

 

 

 

$

7,724

 

 

$

8,595

 

 

Intangible assets with finite useful lives are amortized over their respective useful lives.  Amortization expense in each of the years ended December 31, 2017, 2016 and 2015 were $0.9 million.  Based on the carrying values at December 31, 2017 and assuming no subsequent impairment of the underlying assets, the annual amortization is expected to be $0.9 million in 2018 through 2019 and $0.2 million in 2020.