Mergers and acquisitions (Tables)

9 Months Ended

Sep. 30, 2019

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The Company incurred $199 and $4,614 in merger expenses during the three and nine months ended September 30, 2019, respectively, in connection with this transaction. These expenses are primarily comprised of professional services and employee-related costs in addition to branch closings and conversion and integration costs.

The following tables present the preliminary fair values o

Schedule of Consideration Paid and Allocation of Purchase Price to Net Assets Acquired

Consideration:
Deposit premium	$	36,790
Preliminary allocation of consideration:
Fair value of net assets acquired	$	5,394
Goodwill (preliminary)	31,396
Total consideration	$	36,790

Schedule of Loans and Debt Securities Acquired with Deteriorated Credit Quality

The following table presents the fair value of acquired purchased credit impaired loans accounted for in accordance with ASC 310-30 "Loans and Debt Securities Acquired with Deteriorated Credit Quality" from the Atlantic Capital branch acquisition as of the acquisition date:

	April 5, 2019
Contractually-required principal and interest	$	11,374
Nonaccretable difference	1,615
Best estimate of contractual cash flows expected to be collected	9,759
Accretable yield	1,167
Fair value	$	8,592

Business Acquisition, Pro Forma Information

The pro forma information is not indicative of what would have occurred had the acquisition taken place on January 1, 2018 and does not include the effect of all cost-saving or revenue-enhancing strategies.

	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
Net interest income	$	58,305	$	56,522	$	171,915	$	165,209
Total revenues	$	96,450	$	91,688	$	272,868	$	271,099
Net income	$	23,966	$	20,283	$	59,745	$	60,680