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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2015
Net Cash (Received) Paid in Acquisitions and Divestitures

The following table presents the components of net cash acquired, or paid, in acquisitions and divestitures, an investing activity in the Company’s statements of cash flows, in the periods indicated:

 

     Year Ended December 31,  
(Amounts in thousands)        2015          2014      2013  

Acquisitions

        

Fair value of assets and liabilities acquired:

        

Investments

   $ —         $ —         $ —     

Loans

     —           140         281   

Premises and equipment

     —           4,547         —     

Other assets

     —           4,563         —     

Deposits

     —           (318,877      —     

Other liabilities

     —           (76      —     

Purchase price in excess of net assets acquired

     88         1,721         663   
  

 

 

    

 

 

    

 

 

 

Total purchase price

     88         (307,982      944   

Non-cash purchase price

     —           —           247   

Cash acquired

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Net cash paid (received) in acquisitions

     88         (307,982      697   

Divestitures

        

Book value of assets sold

     389         (83,283      —     

Book value of liabilities sold

     (152      215,268         —     

Sales price in excess of net liabilities assumed

     (6      (755      —     
  

 

 

    

 

 

    

 

 

 

Total sales price

     231         131,230         —     

Cash sold

     —           (1,852      —     

Amount due remaining on books

     (231      —           —     
  

 

 

    

 

 

    

 

 

 

Net cash paid in divestitures

     —           129,378         —     
  

 

 

    

 

 

    

 

 

 

Net cash paid (received) in acquisitions and divestitures

   $ 88       $ (178,604    $ 697