BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 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		1,088,421
Premises and equipment		9,457
Accrued interest receivable		5,294
Goodwill		109,758
Other intangible assets		8,050
Other assets		72,137
Total assets acquired	$	1,686,354
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		52,998
Total liabilities assumed	$	1,477,936
Common stock issued in acquisition	$	208,418