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Business Combinations (Table)
 12 Months Ended
Dec. 31, 2022
Business Combinations [Abstract]  
Fair value of major classes of identifiable assets acquired and liabilities assumed
The following
 
table presents
 
the fair
 
values of
 
the consideration
 
and major
 
classes of
 
identifiable assets
 
acquired by
 
BPPR as
 
of
July 1, 2022.
(In thousands)
Fair Value
Stock consideration
$
144,785
Total consideration
$
144,785
Assets:
Developed technology - Software intangible assets
 
$
28,650
Total assets
 
$
28,650
Net assets acquired
$
28,650
Goodwill on acquisition
$
116,135
The
 
following
 
table
 
presents
 
the
 
fair
 
values
 
of
 
the
 
consideration
 
and
 
major
 
classes
 
of
 
identifiable
 
assets
 
acquired
 
and
 
liabilities
assumed by PEF as of October 15, 2021.
(In thousands)
Fair Value
Cash consideration
$
156,628
Contingent consideration
9,241
Total consideration
$
165,869
Assets:
Cash and due from banks
$
800
Commercial loans
115,575
Premises and equipment
8,996
Accrued income receivable
57
Other assets
2,822
Other intangible assets
2,887
Total assets
 
$
131,137
Other liabilities
14,439
Total liabilities
$
14,439
Net assets acquired
$
116,698
Goodwill on acquisition
$
49,171