BUSINESS COMBINATIONS Business Combinations (Tables)

3 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

Schedule of Business Acquisitions

The following table summarizes the consideration transferred and the fair values of the identifiable assets acquired and liabilities assumed:

(Dollars in thousands)	Fair Value
Consideration Transferred:
Common shares issued (21,816,355)	$	949,968
Cash paid to Beneficial stock and option holders	228,239
Value of consideration	1,178,207
Assets acquired:
Cash and due from banks	304,557
Investment securities	616,703
Loans and leases, net	3,712,157
Premises and equipment	69,132
Deferred income taxes	19,470
Bank owned life insurance	82,510
Core deposit intangible	85,053
Servicing rights intangible	2,466
Other assets	135,474
Total assets	5,027,522
Liabilities assumed:
Deposits	4,055,716
Other liabilities	103,085
Total liabilities	4,158,801
Net assets acquired:	868,721
Goodwill resulting from acquisition of Beneficial	$	309,486