ACQUISITION OF BANK OF GASSAWAY (Tables)

12 Months Ended

Dec. 31, 2014

ACQUISITION OF BANK OF GASSAWAY [Abstract]

Estimated Amortization of Core Deposit Intangible from Acquisition

The following table presents estimated amortization of the Gassaway core deposit intangible for each of the next five years.

2014	$	243
2015		279
2016		226
2017		193
2018		186
2019 and thereafter		603
Total core deposit intangible acquired	$	1,730

Schedule of Net Assets Acquired Via the Acquisition

Net assets acquired via the acquisition are shown in the table below.

	Gassaway
Cash and due from banks	$	61,223
Securities available for sale		38,741
Loans, net		95,094
Goodwill and other intangible assets		5,651
Other assets		5,089
Total assets acquired		205,798
Deposits		(184,555	)
Other liabilities		(993	)
Total liabilities assumed		(185,548	)
Net assets acquired	$	20,250