XML 44 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2017
Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the estimated fair value of the assets acquired and liabilities assumed as of the date of the acquisition:
 
Net Assets Acquired at Fair Value
 
(Dollars in thousands)
Assets
 
Cash
$
11,137

Loans
155,551

Premises and equipment
5,828

Goodwill
10,280

Core deposit and other intangibles
2,964

Other assets
4,629

Total assets acquired
190,389

Liabilities
 
Deposits
159,580

Borrowings
2,475

Other liabilities
18

Total liabilities assumed
162,073

     Purchase price
$
28,316

Business Acquisition, Pro Forma Information [Table Text Block]
The selected pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the financial results of the combined companies had the acquisition actually been completed at the beginning of the periods presented, nor does it indicate future results for any other interim or full-year period.
 
Three Months Ended
 
Six Months Ended
 
June 30
 
June 30
 
2017
 
2016
 
2017
 
2016
 
(Dollars in thousands)
Net interest income after provision for loan losses
$
63,370

 
$
57,352

 
$
124,412

 
$
113,102

Net income
22,698

 
20,629

 
44,109

 
39,488