ACQUISITIONS (Schedule of Business Acquisition and the Amounts of Acquired Identifiable Assets and Liabilities) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
0 Months Ended | ||||||||
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Mar. 31, 2014
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Dec. 31, 2013
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Mar. 31, 2013
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Jan. 02, 2014
Acquisition Date, January 1, 2014 [Member]
StellarOne Bank [Member]
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Fair value of assets acquired: | |||||||||
Cash and cash equivalents | $ 49,989 | ||||||||
Securities available for sale | 460,892 | ||||||||
Loans held for sale | 11,377 | ||||||||
Loans | 2,238,981 | ||||||||
Bank premise and equipment | 69,618 | ||||||||
OREO | 4,319 | ||||||||
Core deposit intangible | 29,570 | ||||||||
Other assets | 94,466 | ||||||||
Total assets | 2,959,212 | ||||||||
Fair value of liabilities assumed: | |||||||||
Deposits | 2,479,874 | ||||||||
Short-term borrowings | 49,227 | ||||||||
Long-term borrowings | 98,697 | ||||||||
Other Liabilities | 19,367 | ||||||||
Total liabilities | 2,647,165 | ||||||||
Net identifiable assets acquired | 312,047 | ||||||||
Preliminary pro forma goodwill | 296,876 | 59,400 | 59,400 | 237,476 | [1] | ||||
Net assets acquired | 549,523 | ||||||||
Company's common shares issued | 22,147,874 | ||||||||
Purchase price per share of the Company's common stock | $ 24.81 | [2] | |||||||
Value of Company common stock issued | 549,489 | ||||||||
Value of stock options outstanding | 34 | ||||||||
Fair value of total consideration transferred | $ 549,523 | ||||||||
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Business combination recognized identifiable assets acquired and liabilities assumed core deposit Intangible. No definition available.
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Business combination recognized identifiable assets acquired and liabilities assumed deposits. No definition available.
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Business combination recognized identifiable assets acquired and liabilities assumed loans. No definition available.
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Business combination recognized identifiable assets acquired and liabilities assumed loans held for sale. No definition available.
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Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Liabilities No definition available.
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Business combination recognized identifiable assets acquired and liabilities assumed Other Real Estate Owned And Repossessed Assets. No definition available.
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- Definition
Business combination transferred stock options outstanding value. No definition available.
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- Definition
Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of investments in debt and equity securities, including, but not limited to, held-to-maturity, trading and available-for-sale expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of other assets expected to be realized or consumed before one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of other liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount per share or per unit of equity securities issued by non-development stage entity. No definition available.
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