Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.3.1.900
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Other Intangible Assets
Company's intangible assets were as follows for the periods indicated:
 
 
 
December 31, 2015
 
December 31, 2014
 
Amortization
Period
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Core deposit intangible
10 years
 
$
2,213

 
$
(512
)
 
$
1,701

 
$
2,213

 
$
(133
)
 
$
2,080

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total intangible assets
 
 
$
2,213


$
(512
)

$
1,701


$
2,213


$
(133
)

$
2,080

Estimated Future Amortization Expense Related to Other Intangible Assets
CDI amortization expense for the year ended December 31, 2015 was $379,000 and estimated future amortization expense related to CDI for each of the next five years is as follows:
Year Ending December 31,
Amount
 
(In thousands)
2016
$
326

2017
281

2018
241

2019
208

2020
178

Thereafter
467

Total
$
1,701