Cardinal Financial (CFNL)

(i)    Goodwill and Other Intangibles

        Goodwill, which represents the excess of purchase price over fair value of net assets acquired, is not amortized but is evaluated at least annually for impairment by comparing its fair value with its carrying amount. An impairment loss is recognized to the extent that the carrying amount exceeds fair value.

        The Company performs annual impairment evaluations for its reporting units in the calendar quarter as follows: George Mason (3^rd quarter), Wilson/Bennett (2^nd quarter), and Trust Services (1^st quarter) or more frequently as circumstances warrant. Note 22 discusses the impairment charges recorded during the years ended December 31, 2008 and 2006. No impairment was indicated in 2007. The Company also has amortizable intangible assets. These intangible assets are being amortized on a straight-line basis over their estimated useful lives from nine to ten years. These assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

(i)    Goodwill and Other Intangibles

        Goodwill, which represents the excess of purchase price over fair value of net assets acquired, is not amortized but is evaluated at least annually for impairment
by comparing its fair value with its carrying amount. An impairment loss is recognized to the extent that the carrying amount exceeds fair value.

        The
Company performs annual impairment evaluations for its reporting units in the calendar quarter as follows: George Mason (3^rd quarter), Wilson/Bennett
(2^nd quarter), and Trust Services (1^st quarter) or more frequently as circumstances warrant. Note 22 discusses the impairment charges recorded during
the years ended December 31, 2008 and 2006. No impairment was indicated in 2007. The Company also has amortizable intangible assets. These intangible assets are being amortized on a
straight-line basis over their estimated useful lives from nine to ten years. These assets are reviewed for impairment whenever events or changes in circumstances indicate that the
carrying amount may not be recoverable.

(i) Goodwill and Other Intangibles

Goodwill, which represents the excess of purchase price over fair value of net assets acquired, is not amortized but is evaluated at least annually for impairment by comparing its fair value with its recorded amount. An impairment loss is recognized to the extent that the carrying amount exceeds fair value.

The Company performs an annual impairment evaluation of the goodwill associated with the George Mason, Wilson/Bennett, and Trust Services reporting units in the quarter the purchase occurred, or more frequently as circumstances warrant.  Note 23 discusses the impairment charges taken during the year ended December 31, 2006. No impairment was indicated in 2005. The Company also has amortizable intangible assets. These intangible assets are being amortized on a straight-line basis over their estimated useful lives from three to ten years. These assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

(i) Goodwill and Other Intangibles

Goodwill, which represents the excess of the purchase price over fair value of net assets acquired, is not amortized but is evaluated at least annually for impairment by comparing its fair value with its recorded amount. An impairment loss is recognized to the extent that the carrying amount exceeds fair value.

The Company performs an annual impairment evaluation of the goodwill associated with George Mason and Wilson/Bennett reporting units in the quarter that the purchase occurred, or more frequently as circumstances warrant. No impairment was indicated in 2005 or 2004. The Company also has amortizable intangible assets. These intangible assets are being amortized on a straight-line basis over their estimated useful lives from three to ten years. These assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

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CARDINAL FINANCIAL CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)