Acquisitions (Tables)

9 Months Ended

Sep. 30, 2017

Acquisitions [Abstract]

Schedule of Fair Value of Net Assets Acquired

		FNBC I		FNBC II
(in thousands)		March 10, 2017		April 28, 2017		Total
ASSETS
Cash and due from banks	$	2,856	$	157,932	$	160,788
Interest-bearing time deposits with other banks		—		382,622		382,622
Fed funds sold and other short-term investments		—		148		148
Securities		—		213,877		213,877
Total loans		1,211,523		165,577		1,377,100
Property and equipment		11,837		8,988		20,825
Accrued interest receivable		2,969		885		3,854
Identifiable intangible assets		3,900		21,400		25,300
Other assets		63		4,150		4,213
Total identifiable assets		1,233,148		955,579		2,188,727
LIABILITIES
Deposits		398,171		1,530,338		1,928,509
Short-term borrowings		510,749		85,886		596,635
Long-term debt		93,120		—		93,120
Other liabilities		1,607		3,079		4,686
Total liabilities		1,003,647		1,619,303		2,622,950
Net identifiable assets acquired (liabilities assumed)		229,501		(663,724)		(434,223)
Consideration (Paid) Received		(325,564)		641,577		316,013
Goodwill	$	96,063	$	22,147	$	118,210

Schedule of Goodwill

Goodwill balance at December 31, 2016	$	621,193
Additions:
Initial goodwill recorded in FNBC I transaction		95,568
Measurement period adjustments - FNBC I transaction		495
Initial goodwill recorded in FNBC II transaction		23,009
Measurement period adjustments - FNBC II transaction		(862)
Goodwill balance at September 30, 2017	$	739,403

Schedule of Merger-Related Expense

(in thousands)		Three Months Ended September 30, 2017		Nine Months Ended September 30, 2017
Personnel expense	$	2,120	$	3,662
Net occupancy and equipment expense		500		777
Professional services expense		2,854		9,681
Data processing expense		929		974
Other real estate		-		(1,511)
Advertising expense		358		1,389
Other expense		2,132		4,398
Total merger-related expenses	$	8,893	$	19,370