| Business Combination, Recognized Asset Acquired and Liability Assumed |
The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value. | | | | | | | | | | (Dollars in thousands) | | BankFinancial | | Purchase consideration | | | | Cash consideration | | $ | 6 | | | | | | Stock consideration | | 149,648 | | | | | | Total purchase consideration | | 149,654 | | | | | | Assets acquired | | | | Cash | | 12,724 | | | Short term investments | | 493,646 | | | Investment securities available-for-sale | | 138,332 | | | | | | Other investments | | 7,500 | | | Loans, net of ACL | | 264,121 | | | Loans held for sale | | 408,347 | | | Premises and equipment | | 22,210 | | | Core deposit intangible | | 32,992 | | | Other intangible assets | | 295 | | | Other assets | | 28,559 | | | | | | Total assets acquired | | 1,408,726 | | | | | | Liabilities assumed | | | | Deposits | | 1,209,437 | | | Subordinated notes | | 17,936 | | | FHLB advances | | 10,048 | | | | | | Other liabilities | | 12,759 | | | | | | Total liabilities assumed | | 1,250,180 | | | | | | Net identifiable assets | | 158,546 | | | Gain on bargain purchase | | $ | (8,892) | |
The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value.
| | | | | | | | | | (Dollars in thousands) | | Westfield | | Purchase consideration | | | | Cash consideration | | $ | 260,000 | | | | | | Stock consideration | | 64,450 | | | | | | Total purchase consideration | | 324,450 | | | | | | Assets acquired | | | | Cash | | 72,814 | | | Investment securities available-for-sale | | 301,007 | | | | | | Other investments | | 25,491 | | | Loans, net of ACL | | 1,571,531 | | | Premises and equipment | | 6,026 | | | Core deposit intangible | | 47,065 | | | Other intangible assets | | 1,105 | | | Other assets | | 103,513 | | | | | | Total assets acquired | | 2,128,552 | | | | | | Liabilities assumed | | | | Deposits | | 1,790,442 | | | | | | FHLB advances | | 80,000 | | | Long-term borrowings | | 1,920 | | | Other liabilities | | 23,627 | | | | | | Total liabilities assumed | | 1,895,989 | | | | | | Net identifiable assets | | 232,563 | | | Goodwill | | $ | 91,887 | |
|