XML 72 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
MERGERS AND ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Summary of Net Liabilities Assumed
The following is a summary of net liabilities assumed:

(Dollars in thousands)
 
Net assets acquired:
 
Cash received in transaction
$
47,962

Cash on hand
330

Loans
18,200

Bank premises, furniture and equipment
609

Accrued interest receivable and other assets
62

Core deposit intangible
878

 
68,041

 
 
Deposits
68,697

Accrued interest payable and other liabilities
45

 
68,742

 
 
Net liabilities assumed
(701
)
Goodwill
701

 
$

Acquisition Related Costs Included in Consolidated Statements of Income
The following acquisition related costs are included in the consolidated statements of income for the periods indicated:

 
 
Year ended
 
Year ended
 
Year ended
(Dollars in thousands)
 
December 31, 2017
 
December 31, 2016
 
December 31, 2015
Professional fees
 
$

 
$

 
$
471

Marketing
 

 

 
29

Printing, postage and supplies
 

 

 
71

Equipment depreciation and maintenance
 

 

 

Travel and entertainment
 

 

 
50

Data processing and communications
 

 

 
76

Other operating expense
 

 

 
25

Total
 
$

 
$

 
$
722