XML 63 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions and Divestitures - Purchase Price Allocation (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Jul. 17, 2020
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Consideration paid:          
Goodwill $ 1,510,431   $ 1,432,787 $ 1,432,787 $ 1,432,787
IBERIABANK (IBKC)          
Assets:          
Cash and due from banks 129,553        
Interest-bearing deposits with banks 1,947,933        
Securities available for sale at fair value 3,544,364        
Loans held for sale 319,743        
Loans and leases (a) 25,917,828        
Allowance for loan and lease losses (284,457)        
Other intangible assets 237,763        
Premises and equipment 310,617        
Other real estate owned ("OREO") 8,593        
Other assets 1,126,786        
Total assets acquired 33,258,723        
Liabilities:          
Deposits 28,231,609        
Short-term borrowings 208,733        
Term borrowings 1,199,533        
Other liabilities 585,143        
Total liabilities assumed 30,225,018        
Net assets acquired 3,033,705        
Consideration paid:          
Consideration for outstanding common stock 28,291        
Cash in lieu of fractional shares 12        
Total consideration paid 2,501,555        
Goodwill (532,150)        
IBERIABANK (IBKC) | Commercial | Sales-Type And Direct Financing Leases          
Assets:          
Loans and leases (a) 1,300,000        
IBERIABANK (IBKC) | Preferred Stock          
Consideration paid:          
Consideration for outstanding common stock 230,641        
IBERIABANK (IBKC) | Common Stock          
Consideration paid:          
Consideration for outstanding common stock 2,242,611        
SunTrust Banks, Inc. Branches          
Assets:          
Cash and due from banks 2,201,685        
Loans and leases (a) 423,397        
Allowance for loan and lease losses 2,355        
Other intangible assets 7,000        
Premises and equipment 10,965        
Other assets 27,700        
Total assets acquired 2,668,392        
Liabilities:          
Deposits 2,194,870 $ 2,200,000      
Other liabilities 29,733        
Total liabilities assumed 2,224,603        
Net assets acquired 443,789        
Consideration paid:          
Cash in lieu of fractional shares 521,433        
Total consideration paid 521,433        
Goodwill $ 77,644