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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The table below summarizes the amounts recognized for the estimated fair value of assets acquired and the liabilities assumed as of the acquisition date.
 
 
 
August 10, 2018
 
 
 
(Dollars in thousands)
 
Merger Consideration
 
 
 
 
 
 
 
 
Cash paid
 
$
180,719
 
 
 
 
 
CVBF common stock issued
 
 
722,767
 
 
 
 
 
Total merger consideration
 
 
 
 
 
$
903,486
 
Identifiable net assets acquired, at fair value
 
 
 
 
 
 
 
 
Assets Acquired
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
47,802
 
 
 
 
 
Investment securities
 
 
716,996
 
 
 
 
 
FHLB stock
 
 
17,250
 
 
 
 
 
Loans
 
 
2,734,081
 
 
 
 
 
Accrued interest receivable
 
 
7,916
 
 
 
 
 
Premises and equipment
 
 
14,632
 
 
 
 
 
BOLI
 
 
70,904
 
 
 
 
 
Core deposit intangible
 
 
52,200
 
 
 
 
 
Other assets
 
 
54,479
 
 
 
 
 
Total assets acquired
 
 
 
 
 
 
3,716,260
 
Liabilities assumed
 
 
 
 
 
 
 
 
Deposits
 
 
2,869,986
 
 
 
 
 
FHLB advances
 
 
297,571
 
 
 
 
 
Other borrowings
 
 
166,000
 
 
 
 
 
Other liabilities
 
 
29,192
 
 
 
 
 
Total liabilities assumed
 
 
 
 
 
 
3,362,749
 
Total fair value of identifiable net assets, at fair value
 
 
 
 
 
 
353,511
 
Goodwill
 
 
 
 
 
$
549,975
 
Business Acquisition, Pro Forma Information [Table Text Block] As a result, actual amounts would have differed from the unaudited pro forma information presented.
 
 
 
Unaudited Pro Forma

Year Ended December 31,
 
 
 
2018
 
 
2017
 
 
 
(Dollars in thousands, except per share amounts)
 
Total revenues (net interest income plus noninterest income)
 
$
488,620
 
 
$
477,235
 
Net Income
 
$
181,433
 
 
$
139,129
 
Earnings per share - basic
 
$
1.30
 
 
$
1.00
 
Earnings per share - diluted
 
$
1.29
 
 
$
0.99