ACQUISITION (Tables)

3 Months Ended

Mar. 31, 2017

Granite

Acquisitions

Summary of allocation of purchase price

The final allocation of the purchase price is as follows:

(in thousands)
Accounts receivable, net	$	1,024
Prepaid expenses	22
Other assets	25
Premises and equipment, net	299
Non-compete agreements	100
Trademarks and trade names	100
Customer relationships	3,400
Goodwill	4,827
	9,797
Accounts payable and accrued expenses	(57		)
Other current liabilities	(192		)
Purchase price	$	9,548