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Acquisition Activity (Tables)
12 Months Ended
Dec. 31, 2018
Gibraltar Private Bank & Trust Company  
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
 
 
150,414

Goodwill
 
 
$
64,252

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

Investment securities
19,169

Equity securities
27,519

Loans
1,447,475

Core deposit intangible assets
18,529

Other assets
12,005

Total assets acquired
$
1,627,272

Liabilities
 
Deposit liabilities
$
1,064,803

Long-term borrowings
405,107

Deferred tax liability, net
1,761

Other liabilities
5,187

Total liabilities assumed
$
1,476,858

Sabadell United  
Business Acquisition [Line Items]  
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 for Year Ended December 31,
(Dollars in thousands)
 
2017
 
2016
Net interest income
 
$
924,348

 
$
842,945

Non-interest income
 
219,021

 
255,022

Net income
 
174,246

 
246,799

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