Business Combinations (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Assets Acquired and Liabilities Assumed

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



(Dollars in thousands)	As recorded by FCB
Purchase Price			$	30,426
Assets
Cash and due from banks	$	6,418
Investment securities	4,549
Loans	135,146
Premises and equipment	5,369
Other real estate owned	2,319
Income earned not collected	531
Intangible assets	1,706
Other assets	6,210
Fair value of assets acquired	162,248
Liabilities
Deposits	124,892
Accrued interest payable	177
Borrowings	24,000
Other liabilities	203
Fair value of liabilities assumed	$	149,272
Fair value of net assets assumed			12,976
Goodwill recorded for Palmetto Heritage			$	17,450

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



(Dollars in thousands)	As recorded by FCB
Purchase Price			$	28,063
Assets
Cash and due from banks	$	3,244
Overnight investments	1,065
Investment securities	17,865
Loans	184,126
Premises and equipment	3,773
Income earned not collected	621
Intangible assets	2,680
Other assets	8,513
Fair value of assets acquired	221,887
Liabilities
Deposits	172,387
Accrued interest payable	263
Borrowings	30,624
Other liabilities	1,230
Fair value of liabilities assumed	$	204,504
Fair value of net assets assumed			17,383
Goodwill recorded for Capital Commerce			$	10,680

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



(Dollars in thousands)	As recorded by FCB
Purchase Price			$	112,657
Assets
Cash and due from banks	$	6,359
Overnight investments	10,393
Investment securities	200,918
Loans held for sale	791
Loans	566,173
Premises and equipment	6,542
Other real estate owned	2,135
Income earned not collected	2,717
Intangible assets	13,206
Other assets	33,459
Fair value of assets acquired	842,693
Liabilities
Deposits	619,589
Accrued interest payable	1,020
Borrowings	161,917
Other liabilities	5,126
Fair value of liabilities assumed	$	787,652
Fair value of net assets assumed			55,041
Goodwill recorded for HomeBancorp			$	57,616