Business Combinations (Tables)

6 Months Ended

Jun. 30, 2012

Assets Acquired and Liabilities Assumed in Acquisition Estimated Fair Values

The following table sets forth assets acquired and liabilities assumed in the State Bancorp acquisition at their estimated fair values as of the closing date of the transaction:

	January 1, 2012
	(in thousands)
Assets acquired:
Cash and cash equivalents	$	117,587
Investment securities available for sale		275,650
Loans		1,098,948
Premises and equipment		9,457
Accrued interest receivable		5,294
Goodwill		101,967
Other intangible assets		8,050
Other assets		67,715
Total assets acquired	$	1,684,668
Liabilities assumed:
Deposits:
Non-interest bearing	$	371,151
Savings, NOW and money market		596,599
Time		412,543
Total deposits		1,380,293
Short-term borrowings		29,000
Junior subordinated debentures issued to capital trusts		15,645
Other liabilities		51,312
Total liabilities assumed	$	1,476,250
Common stock issued in acquisition	$	208,418