Core Deposit Intangible Assets
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Dec. 31, 2013
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Goodwill And Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Core Deposit Intangible Assets | NOTE 5 – CORE DEPOSIT INTANGIBLE ASSETS Core Deposit Intangible No additional core deposit intangible was recorded in 2013 or 2012, with $706 thousand recorded as a result of the acquisition of two branches in Wooster, Ohio in 2011. The core deposit intangible asset will be amortized over an estimated life of ten years. Amortization expense related to the core deposit intangible asset totaled $135 thousand, $140 thousand and $78 thousand in 2013, 2012 and 2011, respectively. The following table shows the core deposit intangible and the related accumulated amortization as of December 31:
The estimated aggregate future amortization expense for the core deposit assets remaining as of December 31, 2013 is as follows:
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