Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2013
INTANGIBLE ASSETS [Abstract]  
Information Concerning Intangible Assets with Finite Life

Information concerning intangible assets with a finite life is presented in the following table (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Value

 

Accumulated Amortization

 

Net Carrying Value

June 30, 2013

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
46,615 

 

$
32,794 

 

$
13,821 

Trademark intangible

 
1,200 

 

 
1,200 

 

 

 -

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
46,615 

 

$
30,837 

 

$
15,778 

Trademark intangible

 
1,200 

 

 
1,167 

 

 
33 

 

 

 

 

 

 

 

 

 

June 30, 2012

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
46,615 

 

$
28,437 

 

$
18,178 

Trademark intangible

 
1,200 

 

 
967 

 

 
233 

 

Estimated Remaining Amortization Expense of Core Deposit Intangibles

As of June 30, 2013, the estimated remaining amortization expense of core deposit intangibles for the remainder of 2013 and for each of the five succeeding fiscal years is as follows for the years ending (dollars in thousands):

 

 

 

 

 

For the remaining six months of 2013

$
1,840 

For the year ending December 31, 2014

 
2,898 

For the year ending December 31, 2015

 
2,463 

For the year ending December 31, 2016

 
1,862 

For the year ending December 31, 2017

 
1,437 

For the year ending December 31, 2018

 
906 

Thereafter

 
2,415 

 

$
13,821