Mergers and Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

MERGERS AND ACQUISITIONS

Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed Table Text Block

(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
	$	—

Summary Of Net Liabilities Assumed

(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
	$	—

Schedule of acquisition related costs included in consolidated statements of income

	Three Months Ended		Three Months Ended
(in thousands)	September 30, 2015		September 30, 2014
Professional fees	$	385	$	97
Marketing		26		—
Printing, postage and supplies		66		1
Equipment depreciation and maintenance		—		9
Travel and entertainment		45		13
Data processing and communications		76		—
Other operating expense		24		—
Total	$	622	$	120

	Nine months ended		Nine months ended
(in thousands)	September 30, 2015		September 30, 2014
Professional fees	$	397	$	169
Marketing		26		4
Printing, postage and supplies		69		9
Equipment depreciation and maintenance		—		15
Travel and entertainment		50		86
Data processing and communications		76		—
Other operating expense		24		—
Total	$	642	$	283