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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table sets forth assets acquired and liabilities assumed in the CNL acquisition, at their estimated fair values as of the closing date of the transaction:
 
December 1, 2015
 
(in thousands)
Assets acquired:
 
Cash and cash equivalents
$
201,025

Investment securities available for sale
327,264

Total loans
825,465

Premises and equipment
8,550

Bank owned life insurance
5,090

Accrued interest receivable
3,741

Goodwill
109,991

Other intangible assets
19,330

Other assets
49,894

Total assets acquired
$
1,550,350

Liabilities assumed:
 
Deposits:
 
Non-interest bearing
$
501,714

Savings, NOW and money market
562,187

Time
103,874

Total deposits
1,167,775

Short-term borrowings
57,087

Long-term borrowings
90,738

Accrued expenses and other liabilities
5,148

Total liabilities assumed
$
1,320,748

Common stock issued in acquisition
$
229,602