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Business Combinations (Tables)

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Summary of Fair Value Adjustments From Acquisition

	December 31, 2019									Measurement			Fair Value
				Fair Value						Period			as
	Book Value			Adjustments, net			Fair Value			Adjustments			Remeasured
	(In thousands)
Cash and cash equivalents	$	492,512		$	-		$	492,512		$	-		$	492,512
Investments		576,319			(102)			576,217			-			576,217
Loans		2,237,337			(21,134)			2,216,203			-			2,216,203
Accrued interest receivable		7,722			(2,952)			4,770			5,540			10,310
Foreclosed real estate		8,636			(352)			8,284			-			8,284
Deferred tax asset, net		37,606			22,335			59,941			1,386			61,327
Premises and equipment		10,866			(1,068)			9,798			-			9,798
Servicing asset		40,258			206			40,464			-			40,464
Core deposit intangible		-			41,507			41,507			-			41,507
Customer relationship intangible		-			12,693			12,693			-			12,693
Other intangible		-			567			567			-			567
Operating lease right-of-use assets		15,452			4,011			19,463			-			19,463
Other assets		86,016			(6,507)			79,509			410			79,919
Total identifiable assets acquired		3,512,724			49,204			3,561,928			7,336			3,569,264
Deposits		3,028,066			(2,607)			3,025,459			-			3,025,459
Operating lease liability		16,317			2,091			18,408			-			18,408
Accrued expenses and other liabilities		87,309			-			87,309			-			87,309
Total liabilities assumed		3,131,692			(516)			3,131,176			-			3,131,176
Total identifiable net assets							$	430,752		$	7,336		$	438,088
Bargain purchase gain								315			7,336			7,651
Total consideration							$	430,437		$	-		$	430,437

Summary of Merger and Restructuring Charges

	Quarter Ended September 30,			Nine-Month Period Ended September 30,
	2020			2020
	(In thousands)			(In thousands)
Severance and employee-related charges	$	-		$	33
Systems integrations and related charges		2,282			5,424
Other		399			534
Total merger and restructuring charges	$	2,681		$	5,991

Summary of Restructuring Reserves

	Quarter Ended September 30,			Nine-Month Period Ended September 30,
	2020			2020
	(In thousands)			(In thousands)
Balance at the beginning of the period	$	16,388		$	17,491
Merger and restructuring charges		2,681			5,991
Cash payments		(7,164)			(11,577)
Balance at the end of the period	$	11,905		$	11,905

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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.

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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