Business Combinations Business Combinations (Tables)

6 Months Ended

Jun. 30, 2016

First CornerStone Bank

Business Acquisition [Line Items]

Schedule of assets acquired and liabilities assumed

The following table provides the identifiable assets acquired and liabilities assumed at their estimated fair values as of the acquisition date.

(Dollars in thousands)	As recorded by FCB
Assets
Cash and cash equivalents	$	748
Overnight investments	37,540
Investment securities	4,564
Loans	43,170
Other real estate owned	144
Income earned not collected	8
Intangible assets	390
Other assets	13
Total assets acquired	86,577
Liabilities
Deposits	96,882
Other liabilities	23
Total liabilities assumed	96,905
Fair value of net liabilities assumed	(10,328		)
Cash received from FDIC	12,450
Gain on acquisition of FCSB	$	2,122

North Milwaukee State Bank

Business Acquisition [Line Items]

Schedule of assets acquired and liabilities assumed

The following table provides the identifiable assets acquired and liabilities assumed at their estimated fair values as of the acquisition date.

(Dollars in thousands)	As recorded by FCB
Assets
Cash and cash equivalents	$	4,545
Overnight investments	2,274
Investment securities	9,425
Loans	36,914
Intangible assets	240
Other assets	216
Total assets acquired	53,614
Liabilities
Deposits	59,206
Short-term borrowings	1,662
Other liabilities	74
Total liabilities assumed	60,942
Fair value of net liabilities assumed	(7,328		)
Cash received from FDIC	10,200
Gain on acquisition of NMSB	$	2,872