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Acquisition Activity (Tables)
6 Months Ended
Jun. 30, 2018
Gibraltar Private Bank & Trust Company [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
(Dollars in thousands)
Number of Shares
 
Amount
Equity consideration
 
 
 
Common stock issued
2,787,773

 
$
214,659

Total equity consideration
 
 
214,659

Non-equity consideration
 
 
 
Cash
 
 
7

Total consideration paid
 
 
214,666

Fair value of net assets assumed including identifiable intangible assets
 
 
162,175

Goodwill
 
 
$
52,491

(Dollars in thousands)
Gibraltar Fair Value (Preliminary)
Assets
 
Cash and cash equivalents
$
102,575

Investment securities
19,169

Equity securities
27,519

Loans
1,465,278

Core deposit intangible assets
18,529

Other assets
12,011

Total assets acquired
$
1,645,081

Liabilities
 
Deposit liabilities
$
1,064,803

Long-term borrowings
405,107

Deferred tax liability, net
5,960

Other liabilities
7,036

Total liabilities assumed
$
1,482,906

Sabadell United  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
(Dollars in thousands)
Number of Shares
 
Amount
Equity consideration
 
 
 
Common stock issued
2,610,304

 
$
211,043

Total equity consideration
 
 
211,043

Non-equity consideration
 
 
 
Cash
 
 
809,159

Total consideration paid
 
 
1,020,202

Fair value of net assets assumed including identifiable intangible assets
 
 
579,157

Goodwill
 
 
$
441,045

(Dollars in thousands)
Sabadell United Fair Value
Assets
 
Cash and cash equivalents
$
318,819

Investment securities
964,123

Loans
4,030,777

Core deposit intangible assets
66,600

Deferred tax asset, net
44,480

Other assets
92,820

Total assets acquired
$
5,517,619

Liabilities
 
Deposit liabilities
$
4,382,780

Short-term borrowings
520,539

Other liabilities
35,143

Total liabilities assumed
$
4,938,462

Schedule of Pro Forma Information
The following table presents unaudited pro forma information as if the acquisition occurred on January 1, 2016. The pro forma information does not necessarily reflect the results of operations that would have occurred had the Company acquired Sabadell United on January 1, 2016. Furthermore, cost savings and other business synergies related to the acquisition are not reflected in the pro forma amounts.

 
 
 
 
Unaudited Pro Forma Information for the
(Dollars in thousands)
 
 
 
Three months ended June 30, 2017
 
Six months ended June 30, 2017
Net interest income
 
 
 
$
224,931

 
$
456,018

Non-interest income
 
 
 
55,094

 
109,849

Net income
 
 
 
89,851

 
133,143