XML 80 R61.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Combinations - Estimated Fair Values of the Assets Acquired and the Liabilities Assumed (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
May 16, 2024
May 15, 2024
Dec. 31, 2023
Assets acquired:        
Goodwill $ 624,069     $ 443,623
Lakeland Bancorp, Inc. - Merger Agreement        
Assets acquired:        
Cash and cash equivalents, net   $ 194,548    
Available for sale debt securities   1,585,993    
Federal Home Loan Bank stock   46,113    
Loans held for sale   1,494    
Loans held for investment   7,906,326    
Allowance for credit losses on PCD loans   (17,188)    
Loans, net   7,889,138    
Bank-owned life insurance   160,646    
Banking premises and equipment   60,578    
Accrued interest receivable   27,241    
Goodwill $ 180,400 180,446 $ 190,900  
Other intangibles assets   209,915    
Other assets   236,481    
Total assets acquired   10,592,593    
Liabilities assumed:        
Deposits   8,622,924    
Mortgage escrow deposits   5,532    
Borrowed funds   785,927    
Subordinated debentures   166,366 $ 166,400  
Other liabilities   135,066    
Total liabilities assumed   9,715,815    
Net assets acquired   $ 876,779