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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2017
Reliance [Member]  
Business Acquisition [Line Items]  
Summary of Estimated Fair Values of Assets Purchased and Liabilities Assumed

The statement of assets purchased and liabilities assumed in the Reliance merger is presented below at their estimated fair values as of the merger date of April 7, 2017 ($ in thousands):

 

Assets:

 

 

 

 

Cash and due from banks

 

$

5,013

 

Federal funds sold and securities purchased under reverse repurchase agreements

 

 

6,900

 

Securities

 

 

54,843

 

Acquired loans

 

 

117,447

 

Premises and equipment, net

 

 

3,700

 

Identifiable intangible assets

 

 

1,850

 

Other real estate

 

 

475

 

Other assets

 

 

6,037

 

Total assets

 

 

196,265

 

 

 

 

 

 

Liabilities:

 

 

 

 

Deposits

 

 

166,158

 

Other borrowings

 

 

17,469

 

Other liabilities

 

 

1,322

 

Total liabilities

 

 

184,949

 

 

 

 

 

 

Net identifiable assets acquired at fair value

 

 

11,316

 

Goodwill

 

 

13,472

 

Total consideration paid

 

$

24,788