Note 1: Nature of Operations and Summary of Significant Accounting Policies: Goodwill and Intangible Assets (Policies)

12 Months Ended

Dec. 31, 2012

Policies

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill is tested at least annually for impairment.  If the implied fair value of goodwill is lower than its carrying amount, a goodwill impairment is indicated and goodwill is written down to its implied fair value.  Subsequent increases in goodwill value are not recognized in the financial statements.

Intangible assets are being amortized on the straight-line basis over periods ranging from three to seven years.  Such assets are periodically evaluated as to the recoverability of their carrying value.

A summary of goodwill and intangible assets is as follows:

	December 31,
	2012	2011
(In Thousands)
Goodwill – Branch acquisitions	$379	$379
Goodwill – Travel agency acquisitions	--	878
Deposit intangibles
Branch acquisitions	--	51
TeamBank	1,368	1,789
Vantus Bank	1,141	1,452
Sun Security Bank	2,015	2,365
InterBank	908	--
Noncompete agreements	--	15
	$5,811	$6,929