v3.25.1
Business Combinations - Estimated Fair Values of the Assets Acquired and the Liabilities Assumed (Details) - Lakeland Bancorp, Inc. - Merger Agreement - USD ($)
$ in Thousands
Mar. 31, 2025
May 16, 2024
Assets acquired:    
Cash and cash equivalents, net   $ 194,548
Available for sale debt securities   1,585,993
Federal Home Loan Bank stock   46,113
Loans held for sale   1,494
Loans held for investment   7,906,326
Allowance for credit losses on PCD loans   (17,188)
Loans, net   7,889,138
Bank-owned life insurance   160,646
Banking premises and equipment   60,578
Accrued interest receivable   27,241
Goodwill $ 180,400 180,446
Other intangibles assets   209,915
Other assets   236,481
Total assets acquired   10,592,593
Liabilities assumed:    
Deposits   8,622,924
Mortgage escrow deposits   5,532
Borrowed funds   785,927
Subordinated debentures   166,366
Other liabilities   135,066
Total liabilities assumed   9,715,815
Net assets acquired   $ 876,779