Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Business Acquisitions, by Acquisition

The following assets acquired and liabilities assumed of the acquired entities are presented at estimated fair value as of their respective acquisition dates:



	Acquisition and Date Acquired
	CU Bancorp		Square 1 Financial, Inc.
	October 20, 2017		October 6, 2015
	(In thousands)
Assets Acquired:
Cash and due from banks	$	51,857	$	24,867
Interest‑earning deposits in financial institutions	332,799		236,069
Securities available‑for‑sale	446,980		2,193,538
FHLB stock	11,902		2,787
Loans and leases	2,075,890		1,553,720
Premises and equipment	2,981		1,927
Goodwill	374,721		446,069
Core deposit and customer relationship intangibles	57,500		45,426
Other assets	103,498		106,757
Total assets acquired	$	3,458,128	$	4,611,160

Liabilities Assumed:
Noninterest‑bearing deposits	$	1,510,285	$	2,549,000
Interest‑bearing deposits	1,209,597		1,240,635
Borrowings	22,879		—
Subordinated debentures	12,372		—
Accrued interest payable and other liabilities	32,424		24,092
Total liabilities assumed	$	2,787,557	$	3,813,727
Total consideration paid	$	670,571	$	797,433

Summary of consideration:
Cash paid	$	224,338	$	—
PacWest common stock issued	446,233		797,433
Total	$	670,571	$	797,433