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Acquisitions Acquisitions (Tables)
 3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Pro Forma Information of the Combined Entities Summit and FCB
We expect to achieve operational cost savings and other efficiencies as a result of the acquisition which are not reflected in the pro forma amounts below.

The pro forma revenue, net income and diluted earnings per share for the three months ended March 31, 2016 combines the historical results of HCB and FCB with Summit's consolidated statements of income and while certain adjustments were made for the estimated effect of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition actually taken place on January 1, 2016. Acquisition related expenses of $112,000 were included in our actual consolidated statement of income for the three months ended March 31, 2016, but were excluded from the pro forma information listed below. We expect to achieve operational cost savings and other efficiencies as a result of the acquisition which are not reflected in the pro forma amounts below.
 
 
Summit, HCB & FCB Pro Forma
 
 
For the Three Ended March 31,
Dollars in thousands, except per share amounts
 
2017
 
2016
Total revenues, net of interest expense
 
$
21,546

 
$
20,505

Net (loss) income
 
$
(693
)
 
$
5,254

Diluted (loss) earnings per share
 
$
(0.06
)
 
$
0.43