XML 69 R23.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Business Combinations (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2015
Business Combinations [Abstract] |
Summary of Consideration, Assets Acquired and Liabilities Assumed | The following table summarizes total consideration, assets acquired and liabilities assumed at March 4, 2015:
(dollars in thousands) |
Consideration Paid |
Cash | $ | 29,510 |
Common stock | 142,469 |
Fair Value of Total Consideration | $ | 171,979 |
Fair Value of Assets Acquired |
Cash and cash equivalents | $ | 13,163 |
Securities and other investments | 11,502 |
Loans | 788,687 |
Bank owned life insurance | 15,974 |
Premises and equipment | 11,685 |
Core deposit intangible | 5,713 |
Other assets | 19,050 |
Total Assets Acquired | 865,774 |
Fair Value of Liabilities Assumed |
Deposits | 722,308 |
Borrowings | 82,286 |
Other liabilities | 3,998 |
Total Liabilities Assumed | 808,592 |
Total Fair Value of Identifiable Net Assets | 57,182 |
Goodwill | $ | 114,797 |
Schedule of Pro Forma Information | The following table presents unaudited pro forma financial information which combines the historical consolidated statements of income of S&T and Integrity to give effect to the merger as if it had occurred on January 1, 2014, for the periods presented.
| Unaudited Pro Forma Information
| Three Months Ended March 31,
(dollars in thousands, except per share data) | 2015 |  | 2014 |
Total revenue | $ | 58,208 |  | $ | 53,996 |
Net income (1) | $ | 14,502 |  | $ | 16,052 |
Earnings per common share: (1) |  |
Basic | $ | 0.42 |  | $ | 0.46 |
Diluted | $ | 0.42 |  | $ | 0.46 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration