Mergers and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Amounts Recorded on Consolidated Balance Sheet in Conjunction with Acquisition

The following table summarizes the amounts recorded on the consolidated balance sheet as of each of the acquisition dates in conjunction with the Parkvale, ANNB and PVF acquisitions: 

	Parkvale Financial Corporation		Annapolis Bancorp, Inc.		PVF Capital Corp.
Fair value of consideration paid:
Common stock issued, net of offering costs	$	136,441	$	54,065	$	109,856
Warrant assumed		4,459		2,235		—
Total consideration paid		140,900		56,300		109,856
Fair value of identifiable assets acquired:
Cash and cash equivalents		203,538		41,986		99,650
Securities		486,186		99,309		47,258
Loans		919,480		256,199		512,566
Other intangible assets		16,033		3,775		15,288
Accrued income and other assets		118,648		28,948		63,724
Total identifiable assets acquired		1,743,885		430,217		738,486
Fair value of liabilities assumed:
Deposits		1,525,253		349,370		627,046
Borrowings		171,606		58,204		37,241
Accrued expenses and other liabilities		12,728		3,753		15,627
Total liabilities assumed		1,709,587		411,327		679,914
Fair value of net identifiable assets acquired		34,298		18,890		58,572
Goodwill recognized	$	106,602	$	37,410	$	51,284

Summary of Pro Forma Information Estimated

The following pro forma information for the year ended December 31, 2011 reflects the Corporation’s estimated consolidated results of operations as if the Parkvale acquisition occurred on January 1, 2011, unadjusted for potential cost savings:

Year Ended December 31	2011
Revenue (net interest income and non-interest income)	$	486,818
Net income		96,299
Net income available to common stockholders		94,711
Earnings per common share – basic		0.69
Earnings per common share – diluted		0.69