XML 43 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Acquisition - Summary of Assets Acquired and Liabilities Assumed (Details) - USD ($)
 2 Months Ended 9 Months Ended
Jul. 21, 2021
Sep. 30, 2021
Sep. 30, 2021
Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Goodwill   $ 365,415,000 $ 365,415,000 $ 260,567,000
Common stock consideration     342,280  
Shares withheld on the settlement of share-based awards     1,370  
First Choice Bancorp        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Cash and cash equivalents $ 214,794,000 214,794,000 214,794,000  
Adjustments, Cash   0    
Securities 34,533,000 34,489,000 34,489,000  
Adjustments, Securities   (44,000)    
Loans 1,937,635,000      
Allowance (19,626,000)      
Other investments 19,178,000 19,316,000 19,316,000  
Adjustments, Other Invesments   138,000    
Fixed assets 1,869,000 1,049,000 1,049,000  
Adjustments, Fixed Assets   (820,000)    
Accrued interest receivable 7,131,000 6,889,000 6,889,000  
Adjustments, Accrued Interest Receivable   (242,000)    
Goodwill 73,425,000 365,400,000 365,400,000 $ 260,600,000
Adjustments, Goodwill   (73,425,000)    
goodwill elimination balance   0 0  
Intangible assets 4,517,000 4,892,000 4,892,000  
Adjustments, Intangible Assets   375,000    
Deferred tax assets 7,558,000 5,118,000 5,118,000  
Adjustments, Deferred Tax Assets   (2,440,000)    
Other assets 23,024,000 25,127,000 25,127,000  
Adjustments, Other Assets   2,103,000    
Total assets acquired 2,304,038,000 2,247,811,000 2,247,811,000  
Adjustments, Total Assets Acquired   (56,227,000)    
Deposits assumed 1,840,716,000 1,840,429,000 1,840,429,000  
Adjustments, Deposits   (287,000)    
FHLB advances 160,000,000 160,000,000 160,000,000  
Adjustments, FHLB advances   0    
Accrued interest payable 124,000 124,000 124,000  
Adjustments, Accrued interest payable   0    
Other liabilities 8,464,000 6,304,000 6,304,000  
Adjustments, other liabilities   (2,160,000)    
Total liabilities assumed 2,009,304,000 2,006,857,000 2,006,857,000  
Adjustments, Total liabilities assumed   (2,447,000)    
Net assets acquired 294,734,000 240,954,000 240,954,000  
Adjustments, Net assets acquired   (53,780,000)    
Cash     2,152,000  
Common stock     343,650,000  
Total consideration paid $ 346,000,000   345,802,000  
Goodwill increase   104,848,000 104,848,000  
First Choice Bancorp | Core deposit        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Useful life 10 years      
Adjustments associated with acquisition        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Loans $ 5,508,000      
Adjustments, Allowance $ 12,620,000      
As Recorded by Acquiree        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Loans   1,943,143,000 1,943,143,000  
Allowance   $ (7,006,000) $ (7,006,000)