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Mergers and Acquisitions Mergers and Acquisitions (Tables)
6 Months Ended
Jun. 30, 2013
Business Combinations [Abstract]  
Fair Value of the Net Assets Acquired
(Dollars in thousands)
May 31,
2013
Assets
 
Cash and cash equivalents
$
23,148

Investment securities, available-for-sale
75,643

Loans receivable
171,199

Goodwill and core deposit intangible
15,488

Accrued income and other assets
15,063

Total assets
300,541

Liabilities
 
Deposits
255,197

Federal Home Loan Bank advances
5,467

Accrued expenses and other liabilities
562

Total liabilities
261,226

Purchase price
$
39,315

Calculation of the Purchase Price and the Resulting Goodwill Relating to Acquisitions
(Dollars in thousands)
May 31,
2013
Purchase price
 
Fair value of Company common stock shares issued
$
28,290

Cash consideration for outstanding shares
11,025

Total purchase price
39,315

Fair value of net assets acquired
 
Tangible assets acquired
285,053

Core deposit intangible asset acquired
2,079

Liabilities assumed
(261,226
)
Total fair value of net assets acquired
25,906

Goodwill recognized
$
13,409

Unaudited Pro Forma Summary of the Company as if the Acquisitions had Occurred at the Beginning of the Period
 
Six Months ended
(Dollars in thousands)
June 30,
2013
 
June 30,
2012
Net interest income and non-interest income
$
156,182

 
161,328

Net income
44,655

 
36,959