Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2014
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

March 31, 2014

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$

76,185 

 

$

37,250 

 

$

38,935 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$

46,615 

 

$

34,635 

 

$

11,980 

 

 

 

 

 

 

 

 

 

March 31, 2013

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$

46,615 

 

$

31,873 

 

$

14,742 

 

Estimated Remaining Amortization Expense of Core Deposit Intangibles

As of March 31, 2014, the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands):

 

 

 

 

 

For the remaining nine months of 2014

$

7,181 

For the year ending December 31, 2015

 

8,444 

For the year ending December 31, 2016

 

6,932 

For the year ending December 31, 2017

 

5,589 

For the year ending December 31, 2018

 

4,144 

For the year ending December 31, 2019

 

3,093 

Thereafter

 

3,552 

Total estimated amortization expense

$

38,935