Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Consideration Paid for Acquired Identifiable Assets and Liabilities

The consideration paid for Wilmington Trust’s common equity and the amounts of acquired identifiable assets and liabilities assumed as of the acquisition date were as follows:

	(In thousands)
Purchase price:
Value of:
Common shares issued (4,694,486 shares)	$	405,557
Preferred stock purchased from U.S. Treasury		330,000
Total purchase price		735,557
Identifiable assets:
Cash and due from banks		178,940
Interest-bearing deposits at banks		2,606,265
Other short-term investments		57,817
Investment securities		510,390
Loans and leases		6,410,430
Core deposit and other intangibles		112,094
Other assets		969,106
Total identifiable assets		10,845,042
Liabilities:
Deposits		8,864,161
Short-term borrowings		147,752
Long-term borrowings		600,830
Other liabilities		431,812
Total liabilities		10,044,555
Net gain resulting from acquisition	$	64,930

Pro forma Information

Additionally, the Company has achieved further operating cost savings and other business synergies as a result of the acquisition which are not reflected in the pro forma amounts that follow.

	Actual Since Acquisition Through December  31, 2011		Pro Forma Year Ended December 31
			2011		2010
	(In thousands)
Total revenues (a)	$	380,945	$	4,202,109	$	4,064,729
Net income		18,586		808,696		295,486

(a) Represents net interest income plus other income.

Summary of Merger-Related Expenses

A summary of merger-related expenses included in the consolidated statement of income for the years ended December 31, 2012, 2011 and 2010 follows:

	2012		2011		2010
	(In thousands)
Salaries and employee benefits	$	4,997	$	16,131	$	7
Equipment and net occupancy		15		412		44
Printing, postage and supplies		—		2,663		74
Other costs of operations		4,867		64,481		646
	$	9,879	$	83,687	$	771