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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Types of Temporary Differences Between Tax Basis of Assets and Liabilities

The following table is a summary of the types of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts that give rise to deferred income tax assets and liabilities and their approximate tax effects as of the dates indicated.

 

     June 30,      December 31,  
     2015      2014      2014  
     (Dollars in thousands)  

Deferred tax assets:

        

Allowance for loan and lease losses

   $ 21,617       $ 18,116       $ 20,324   

Differences in amounts reflected in the financial statements and income tax basis of purchased loans not previously covered by FDIC loss share agreements

     28,605         26,024         20,444   

Differences in amounts reflected in the financial statements and income tax basis for deposits assumed in acquisitions

     7,703         2,405         1,337   

Stock-based compensation

     4,477         3,364         3,268   

Deferred compensation

     2,092         1,890         1,991   

Foreclosed assets

     3,111         5,624         3,503   

Deferred fees and costs on loans and leases

     6,405         2,059         4,785   

Differences in amounts reflected in the financial statements and income tax basis of assets acquired and liabilities assumed in FDIC-assisted acquisitions

     8,032         7,397         8,098   

Acquired net operating losses

     13,456         13,662         13,332   

Other, net

     1,949         1,486         2,568   
  

 

 

    

 

 

    

 

 

 

Total gross deferred tax assets

     97,447         82,027         79,650   

Less valuation allowance

     (474      (474      (474
  

 

 

    

 

 

    

 

 

 

Net deferred tax asset

     96,973         81,553         79,176   
  

 

 

    

 

 

    

 

 

 

Deferred tax liabilities:

        

Accelerated depreciation on premises and equipment

     18,921         18,028         18,653   

Investment securities AFS

     3,798         5,022         7,692   

Acquired intangible assets

     10,407         10,847         9,743   
  

 

 

    

 

 

    

 

 

 

Total gross deferred tax liabilities

     33,126         33,897         36,088   
  

 

 

    

 

 

    

 

 

 

Net deferred tax assets

   $ 63,847       $ 47,656       $ 43,088