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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Palm Desert National
 
Acquisitions  
Schedule of final valuation and purchase price allocation adjustments

 

 

 

 

April 27, 2012

 

 

 

 

 

Assets

 

 

 

Cash and cash equivalents

 

$

22,071

 

Securities available for sale

 

100

 

Federal Reserve Bank and Federal Home Loan Bank stock

 

1,390

 

Loans

 

63,772

 

Other real estate owned

 

11,533

 

Core deposit intangible

 

840

 

Accrued interest receivable and other assets

 

3,658

 

Total Assets Acquired

 

$

103,364

 

Liabilities

 

 

 

Deposits

 

$

115,582

 

Other

 

29

 

Total Liabilities Assumed

 

115,611

 

Excess of liabilities assumed over assets acquired

 

12,247

 

Cash received from FDIC

 

17,420

 

FDIC receivable

 

167

 

Recorded gain on acquisition

 

$

5,340

 

Canyon National
 
Acquisitions  
Schedule of final valuation and purchase price allocation adjustments

 

 

 

 

February 11, 2011

 

 

 

 

 

Assets

 

 

 

Cash and cash equivalents

 

$

13,167

 

Securities available for sale

 

12,753

 

Federal Reserve Bank and Federal Home Loan Bank stock

 

1,323

 

Loans

 

149,740

 

Other real estate owned

 

11,953

 

Core deposit intangible

 

2,270

 

Accrued interest receivable and other assets

 

1,640

 

Total Assets Acquired

 

$

192,846

 

Liabilities

 

 

 

Deposits

 

$

204,678

 

Other

 

39

 

Total Liabilities Assumed

 

204,717

 

Excess of liabilities assumed over assets acquired

 

11,871

 

Cash received from FDIC

 

13,222

 

FDIC receivable

 

2,838

 

Recorded gain on acquisition

 

$

4,189