Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the assets acquired and liabilities assumed, net of the fair value adjustments, in the Peoples, Popular, and Great Lakes transactions as of the acquisition date. The assets acquired and liabilities assumed, both intangible and tangible, were recorded at their estimated fair values as of the acquisition date and have been accounted for under the acquisition method of accounting.

Acquisition Activity

(Dollar amounts in thousands)



	Peoples		Popular		Great Lakes
	December 3, 2015		August 8, 2014		December 2, 2014
Assets
Cash and due from banks and interest-bearing deposits in other banks	$	781	$	161,276	$	78,609
Securities available-for-sale	41,492		—		219,279
FHLB and FRB stock	558		—		1,970
Loans	53,917		549,386		223,169
OREO	515		—		1,244
Investment in BOLI	—		—		10,373
Goodwill	7,544		32,181		10,339
Other intangible assets	580		8,003		6,192
Premises, furniture, and equipment	2,215		4,647		5,011
Accrued interest receivable and other assets	2,911		6,574		10,059
Total assets	$	110,513	$	762,067	$	566,245
Liabilities
Noninterest-bearing deposits	$	15,869	$	163,299	$	110,885
Interest-bearing deposits	75,944		568,573		353,424
Total deposits	91,813		731,872		464,309
Intangible liabilities	—		10,631		—
Borrowed funds	1,200		—		29,490
Senior and subordinated debt	—		—		9,809
Accrued interest payable and other liabilities	672		564		6,887
Total liabilities	93,685		743,067		510,495
Consideration Paid
Common stock (2014 - 2,440,754 shares issued at $15.737 per share), net of $110,000 in issuance costs	—		—		38,300
Cash paid	16,828		19,000		17,450
Total consideration paid	16,828		19,000		55,750
	$	110,513	$	762,067	$	566,245