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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2016
ACQUISITIONS  
Summary of the amounts of assets acquired and liabilities assumed recognized at the acquisition date

 

 

 

 

 

Consideration

    

 

 

  

Cash

 

$

13,992

 

Equity Instruments

 

 

21,534

 

Fair Value of Total Consideration

 

$

35,526

 

Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed

 

 

 

 

Cash and cash equivalents

 

$

3,306

 

Securities

 

 

31,214

 

Federal Home Loan Bank stock

 

 

1,476

 

Loans

 

 

184,716

 

Premises and equipment

 

 

4,863

 

Core deposit intangibles

 

 

1,661

 

Other assets

 

 

3,468

 

Total assets acquired

 

 

230,704

 

 

 

 

 

 

Deposits

 

 

183,897

 

Federal Home Loan Bank advances

 

 

16,300

 

Other liabilities

 

 

3,531

 

Total liabilities assumed

 

 

203,728

 

 

 

 

 

 

Total identifiable net assets

 

$

26,976

 

 

 

 

 

 

Goodwill

 

$

8,550