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ACQUISITIONS (Tables) | 6 Months Ended
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Jun. 30, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table provides a preliminary assessment of the consideration transferred, assets acquired, and liabilities assumed as of the date of the acquisition (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
Purchase Price: |  | ​ |  |  | ​ |
Fair value of shares of the Company's common stock issued |  | ​ |  | ​ | $ | 499,974
Cash paid for fractional shares |  | ​ |  | ​ |  | 12
Total purchase price |  | ​ |  | ​ | $ | 499,986
​ | ​ | ​ | ​ | ​ | ​ | ​
Fair value of assets acquired: |  | ​ |  | ​ |  |
Cash and cash equivalents | ​ | $ | 46,164 | ​ |  |
Investments | ​ |  | 464,742 | ​ |  |
Loans | ​ |  | 2,173,481 | ​ |  |
Premises and equipment | ​ |  | 28,001 | ​ |  |
Core deposit intangibles | ​ |  | 40,860 | ​ |  |
Other assets | ​ |  | 102,111 | ​ |  |
Total assets | ​ | $ | 2,855,359 | ​ |  |
​ | ​ | ​ | ​ | ​ | ​ | ​
Fair value of liabilities assumed: | ​ |  |  | ​ |  |
Deposits | ​ | $ | 2,227,073 | ​ |  |
Short-term borrowings | ​ |  | 220,685 | ​ |  |
Long-term borrowings | ​ |  | 70,535 | ​ |  |
Other liabilities | ​ |  | 40,345 | ​ |  |
Total liabilities | ​ | $ | 2,558,638 | ​ |  |
​ | ​ | ​ | ​ | ​ | ​ | ​
Net assets acquired | ​ |  |  | ​ | $ | 296,721
Preliminary goodwill | ​ |  |  | ​ | $ | 203,265
Outstanding Principal Balance And Carrying Amount of Acquired Impaired Loans | The following table presents the acquired impaired loans receivable at the acquisition date (dollars in thousands):
​ | ​ | ​ | ​
Contractually required principal and interest payments |  | $ | 44,232
Nonaccretable difference | ​ |  | (6,061)
Cash flows expected to be collected | ​ |  | 38,171
Accretable difference | ​ |  | (5,061)
Fair value of loans acquired with a deterioration of credit quality | ​ | $ | 33,110
Business Acquisition, Pro Forma Information | The Company expects to achieve further operating cost savings and other business synergies, including branch closures, as a result of the acquisition which are not reflected in the pro forma amounts below (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Pro forma for the three | ​ | Pro forma for the six
​ | ​ | months ended | ​ | months ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2019 |  | 2018 |  | 2019 |  | 2018
​ | ​ | (unaudited) | ​ | (unaudited) | ​ | (unaudited) | ​ | (unaudited)
Total revenues (1) |  | $ | 169,172 |  | $ | 184,758 |  | $ | 332,326 |  | $ | 341,407
Net income |  | $ | 53,480 |  | $ | 57,741 |  | $ | 105,787 |  | $ | 82,599
EPS |  | $ | 0.65 |  | $ | 0.71 |  | $ | 1.32 |  | $ | 1.01
(1) | Includes net interest income and noninterest income.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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