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Business Combinations (Tables)
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12 Months Ended |
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Dec. 31, 2011
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Bank of Whitman [Member]
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| Business Acquisition [Line Items] |
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| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
The table below displays the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed: | | | | | | | | August 5, 2011 | | | (in thousands) | Assets | |
| Cash and due from banks | | $ | 52,072 |
| Investment securities | | 16,298 |
| Federal Reserve Bank and Federal Home Loan Bank stock | | 3,977 |
| Acquired loans | | 200,041 |
| Accrued interest receivable | | 1,975 |
| Premises and equipment | | 86 |
| FDIC receivable | | 156,710 |
| Core deposit intangible | | 3,943 |
| Other assets | | 2,447 |
| Total assets acquired | | $ | 437,549 |
| Liabilities | |
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| Deposits | | $ | 401,127 |
| Federal Home Loan Bank advances | | 32,949 |
| Accrued interest payable | | 213 |
| Deferred tax liability | | 1,034 |
| Other liabilities | | 396 |
| Total liabilities assumed | | 435,719 |
| Net assets acquired (after tax gain) | | $ | 1,830 |
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First Heritage Bank [Member]
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| Business Acquisition [Line Items] |
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| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
The table below displays the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed: | | | | | | | | May 27, 2011 | | | (in thousands) | Assets | |
| Cash and due from banks | | $ | 4,688 |
| Interest-earning deposits with banks | | 6,689 |
| Investment securities | | 5,303 |
| Federal Home Loan Bank stock | | 477 |
| Acquired loans | | 81,488 |
| Accrued interest receivable | | 476 |
| Premises and equipment | | 5,339 |
| FDIC receivable | | 4,751 |
| Other real estate owned covered by loss sharing | | 8,225 |
| Goodwill | | 4,023 |
| Core deposit intangible | | 1,337 |
| FDIC indemnification asset | | 38,531 |
| Other assets | | 3,657 |
| Total assets acquired | | $ | 164,984 |
| Liabilities | |
| Deposits | | $ | 159,525 |
| Federal Home Loan Bank advances | | 5,003 |
| Accrued interest payable | | 421 |
| Other liabilities | | 35 |
| Total liabilities assumed | | $ | 164,984 |
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Summit Bank [Member]
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| Business Acquisition [Line Items] |
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| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
he table below displays the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed: | | | | | | | | May 20, 2011 | | | (in thousands) | Assets | | | Cash and due from banks | | $ | 1,837 |
| Interest-earning deposits with banks and federal funds sold | | 14,198 |
| Investment securities | | 871 |
| Federal Home Loan Bank stock | | 406 |
| Acquired loans | | 69,783 |
| Accrued interest receivable | | 429 |
| Premises and equipment | | 42 |
| FDIC receivable | | 6,984 |
| Other real estate owned covered by loss sharing | | 2,162 |
| Goodwill | | 1,892 |
| Core deposit intangible | | 509 |
| FDIC indemnification asset | | 30,203 |
| Other assets | | 1,813 |
| Total assets acquired | | $ | 131,129 |
| Liabilities | | | Deposits | | $ | 123,279 |
| Federal Home Loan Bank advances | | 7,772 |
| Accrued interest payable | | 71 |
| Other liabilities | | 7 |
| Total liabilities assumed | | $ | 131,129 |
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