5.INTANGIBLE ASSETS

The Company’s intangible assets consist of core deposits, trademarks, and goodwill arising from previous acquisitions.  The Company has determined that core deposit intangibles and trademarks have a finite life and amortizes them over their estimated useful life.    Core deposit intangible assets are being amortized over the period of expected benefit, which ranges from 4 to 14 years, using an accelerated method.  The trademark intangible, acquired through previous acquisitions, was amortized over three years using the straight-line method.  In accordance with ASC 350, Intangibles-Goodwill and Other, the Company reviews the carrying value of indefinite lived intangible assets at least annually or more frequently if certain impairment indicators exist.  The Company performed its annual impairment testing in the second quarter of 2013 and determined that there was no impairment to its goodwill or intangible assets.  Subsequently, the Company determined that an additional evaluation was necessary at year-end due to potential indicators based on the net losses recorded at the mortgage company during the last two quarters of the year.  Based on this additional testing, the Company still has recorded no impairment charges to date for goodwill or intangible assets.

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

Amortization expense of core deposit intangibles for the years ended December 31, 2013, 2012, and 2011 totaled $3.8 million, $4.9 million, and $6.1 million, respectively.  Amortization expense of the trademark intangibles for the year ended December 31, 2013 was $33,000 and for both years ended December 31, 2012 and 2011 totaled $400,000.  As of December 31, 2013, the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands):