XML 46 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
ACQUISITION - Consideration Paid and Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
 3 Months Ended
Jan. 13, 2017
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Goodwill   $ 99,901 $ 4,935    
Loans   2,372,436 1,129,064    
Fair value adjustment accretable yield   3,194 0 $ 0 $ 0
Loans and leases receivable, deferred income   199 $ 170    
Lake Sunapee          
Consideration paid:          
Bar Harbor Bankshares common stock issued to Lake Sunapee Bank Group stockholders (4,163,853 shares)   181,919      
Cash paid for fractional shares   27      
Total consideration paid $ 181,900 181,946      
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Cash and short-term investments   39,564      
Investment securities   155,579      
Loans   1,208,200      
Premises and equipment   22,210      
Core deposit intangible   7,786      
Other assets   52,217      
Deposits   (1,150,611)      
Borrowings   (232,277)      
Deferred taxes, net   8,086      
Other liabilities   (23,784)      
Total identifiable net assets   86,970      
Goodwill   94,976      
Loans   1,200,000      
Loans receivable, fair value disclosure   1,188,000      
Fair value adjustment accretable yield   $ 1,090      
Fair value discount, amortization period (in years)   3 years      
Loans and leases receivable, deferred income   $ 11,400      
Deposits acquired, amortization period   1 year      
Borrowings acquired, weighted average contractual life   4 years      
Common stock issued to acquiree (in shares) 4,163,853        
Lake Sunapee | Core Deposits          
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Acquired intangible assets, weighted average useful life   12 years      
Lake Sunapee | Receivables Acquired with Deteriorated Credit Quality          
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Loans   $ 23,300      
Loans receivable, fair value disclosure   18,400      
Lake Sunapee | As Acquired          
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Cash and short-term investments $ 40,970        
Investment securities 156,960        
Loans 1,217,928        
Premises and equipment 22,561        
Core deposit intangible 0        
Other assets 102,300        
Deposits (1,149,865)        
Borrowings (232,261)        
Deferred taxes, net 1,921        
Other liabilities (19,924)        
Total identifiable net assets $ 136,748        
Lake Sunapee | Fair Value Adjustments          
Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:          
Cash and short-term investments   (1,406)      
Investment securities   (1,381)      
Loans   (9,728)      
Premises and equipment   (351)      
Core deposit intangible   7,786      
Other assets   (50,083)      
Deposits   (746)      
Borrowings   (16)      
Deferred taxes, net   (10,007)      
Other liabilities   (3,860)      
Total identifiable net assets   $ (49,778)