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Business Combination (Tables)
12 Months Ended
Dec. 31, 2018
Business Combination Components [Abstract]  
Business Combination Components [Table Text Block]
The following table presents a summary of the consideration paid and the estimated fair values as of the acquisition date for each major class of assets acquired and liabilities assumed (in thousands):
 
Skagit
 
November 1, 2018
Consideration to Skagit equity holders:
 
 
Cash paid
 
$
329

Fair value of common shares issued
 
179,709

Total consideration
 
180,038

 
 
 
Fair value of assets acquired:
 
 
Cash and cash equivalents
$
19,167

 
Securities
210,326

 
Loans receivable (contractual amount of $645.6 million)
632,374

 
Real estate owned held for sale
2,593

 
Property and equipment
15,788

 
Core deposit intangible
16,368

 
Deferred tax asset
95

 
Other assets
19,110

 
Total assets acquired
915,821

 
 
 
 
Fair value of liabilities assumed:
 
 
Deposits
810,209

 
Other liabilities
22,069

 
Total liabilities assumed
832,278

 
 
 
 
Net assets acquired
 
83,543

Goodwill
 
$
96,495