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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 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 |
| Year Ended December 31,
| 2020 |  | 2019
| (In thousands)
Severance and employee-related charges | $ | 220 |  | $ | 13,323
Professional services and system integrations |  | 9,973 |  |  | 9,718
Branch consolidation |  | 3,707 |  |  | -
Other |  | 2,183 |  |  | 1,013
Total merger and restructuring charges | $ | 16,083 |  | $ | 24,054
Summary of Restructuring Reserves |
| Year Ended December 31,
| 2020 |  | 2019
| (In thousands)
Balance at the beginning of the year | $ | 17,491 |  | $ | -
Merger and restructuring charges |  | 16,083 |  |  | 24,054
Cash payments |  | (18,445) |  |  | (6,563)
Balance at the end of the year | $ | 15,129 |  | $ | 17,491

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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=121647850&loc=d3e4845-128472 + Details
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