Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets (Tables)

v2.4.0.6
Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Other Intangible Assets

Other intangible assets were as follows for the periods indicated:

 

            December 31, 2012      December 31, 2011  
     Recorded
Investment
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
 
            (In Thousands)  

Other Intangible Assets:

                  

Core Deposit Intangible

     8 years       $ 13,137       $ (13,137   $       $ 13,137       $ (13,103   $ 34   

Trade Names

     20 years         970         (290     680         970         (242     728   

Client/Insured Relationships

     10 years         770         (462     308         770         (385     385   

Carrier Relationships

     15 years         580         (233     347         580         (194     386   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total Other Intangible Assets

      $ 15,457       $ (14,122   $ 1,335       $ 15,457       $ (13,924   $ 1,533   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
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)  

2013

   $ 164   

2014

     164   

2015

     164   

2016

     164   

2017

     87   
  

 

 

 

Total

   $ 743