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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of Fair Value of Net Assets Acquired and Liabilities Assumed

(in thousands)

 

 

 

 

ASSETS

 

 

 

 

Accounts receivable

 

$

2,803

 

Identifiable intangible assets

 

 

27,562

 

Total identifiable assets

 

 

30,365

 

LIABILITIES

 

 

 

 

Deposit liabilities

 

 

217,432

 

Other liabilities

 

 

151

 

Total liabilities

 

 

217,583

 

Net liabilities assumed

 

 

(187,218

)

Consideration received

 

 

140,657

 

Goodwill

 

$

46,561

 

 

Schedule of Goodwill

(in thousands)

 

 

 

 

Goodwill balance at December 31, 2017

 

$

745,523

 

Initial goodwill recorded - acquisition of trust and asset management business

 

 

45,634

 

Measurement period adjustments - acquisition of trust and asset management business

 

 

(185

)

Goodwill balance at December 31, 2018

 

$

790,972

 

Final settlement of cash consideration - acquisition of trust and asset management business

 

 

1,112

 

Goodwill balance at June 30, 2019

 

$

792,084