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Business Combination (Tables)
3 Months Ended
Mar. 31, 2013
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the amounts recorded at closing:
 
February 28, 2013
 
(in thousands)
Cash and cash equivalents
15,626

Investments and MBS
1,030

Loans receivable, net
97,262

Core deposit intangible
453

Other assets
27,197

Total assets acquired
$
141,568

Deposits
$
118,221

Other liabilities
7,054

Total liabilities assumed
125,275

Net assets acquired
16,293

Consideration paid
8,749

Bargain purchase gain
$
7,544

The following table summarizes the amounts recorded at closing:

 
February 29, 2012
 
(in thousands)
Cash and cash equivalents
$
150,045

Investments and MBS
187,465

Loans receivable, net
349,990

Goodwill
22,577

Core deposit intangible
11,974

Fixed assets
4,038

Other assets
10,886

Total assets acquired
$
736,975

Deposits
$
695,919

Other liabilities
409

Total liabilities assumed
696,328

Net assets acquired
$
40,647


Business Acquisition, Pro Forma Information [Table Text Block]
 
First Independent (stand alone)
 
Pro Forma Combined
 
One Months Ended
 
Three Months Ended
 
March 31, 2012
 
(in thousands, except per share data)
Net interest income
$
3,241

 
$
80,834

Noninterest income
503

 
32,592

Net income
2,107

 
17,505

Earnings per share - basic
0.03

 
0.28

Earnings per share - diluted
$
0.03

 
$
0.28