Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets (Tables)

v2.4.1.9
Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Other Intangible Assets

Other intangible assets were as follows for the periods indicated:

 

            December 31, 2014      December 31, 2013  
            Gross            Net      Gross            Net  
     Amortization
Period
     Carrying
Amount
     Accumulated
Amortization
    Carrying
Amount
     Carrying
Amount
     Accumulated
Amortization
    Carrying
Amount
 
                         (In thousands)               

Other intangible assets:

                  

Core deposit intangible

     10 years       $ 2,213       $ (133   $ 2,080       $ —         $ —        $ —     

Trade names

     20 years         —           —          —           970         (338     632   

Client/insured relationships

     10 years         —           —          —           770         (539     231   

Carrier relationships

     15 years         —           —          —           580         (272     308   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total other intangible assets

$ 2,213    $ (133 $ 2,080    $ 2,320    $ (1,149 $ 1,171   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
Estimated Future Amortization Expense Related to Other Intangible Assets

Estimated future amortization expense related to other intangible assets for each of the next five years is as follows:

 

Year Ending December 31,

   Amount  
     (In thousands)  

2015

   $ 379   

2016

     326   

2017

     281   

2018

     241   

2019

     207   

Thereafter

     646   
  

 

 

 

Total

$ 2,080