Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets [Abstract]

Schedule of changes in goodwill

The changes in goodwill included in the core banking segment during the periods ending June 30, 2012 and 2011 were as follows:

	2012			2011
Beginning of year	$	21,983,617		$	9,872,375
Adjustment of Acquired goodwill		(159,174	)		-
June 30,	$	21,824,443		$	9,872,375

Schedule of acquired finite-lived intangible assets by major class

Acquired intangible assets were as follows at June 30, 2012 and December 31, 2011:

	At June 30, 2012				At December 31, 2011
	Balance  Acquired		Accumulated  Amortization		Balance  Acquired		Accumulated  Amortization
Core deposit intangibles	$	3,819,798	$	1,514,800	$	3,819,798	$	1,213,118
Other customer relationship intangibles		6,063,423		2,726,071		6,063,423		2,479,563
Total	$	9,883,221	$	4,240,871	$	9,883,221	$	3,692,681

Schedule of expected amortization expense

The remaining estimated aggregate amortization expense at June 30, 2012 is listed below:

Year	Estimated Expense
2012	$	498,530
2013		876,524
2014		777,801
2015		681,176
2016		607,713
2017 and thereafter		2,200,606
Total	$	5,642,350