Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 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

June 30, 2014

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
76,185 

 

$
39,706 

 

$
36,479 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
46,615 

 

$
34,635 

 

$
11,980 

 

 

 

 

 

 

 

 

 

June 30, 2013

 

 

 

 

 

 

 

 

Amortizable core deposit intangibles

$
46,615 

 

$
32,794 

 

$
13,821 

 

Estimated Remaining Amortization Expense of Core Deposit Intangibles

As of June 30, 2014, the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands):

 

 

 

 

 

For the remaining six months of 2014

$
4,725 

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

$
36,479