Business Combinations (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Acquired Assets and Liabilities Assumed for the Security Exchange
The acquired assets and liabilities for Security Exchange, as well as adjustments to record the assets and liabilities at fair value at the acquisition date, are presented in the following table.
(in thousands)
 
As Recorded by
FDIC/Security
Exchange
 
Fair Value
Adjustments
 
As Recorded
by Fidelity
Assets
 
 
 
 
 
 
Cash and due from banks
 
$
29,717

 
$

 
$
29,717

Investment securities
 
18,579

 

 
18,579

Loans
 
64,358

 
(17,147
)
 
47,211

FDIC indemnification asset
 

 
25,304

 
25,304

Core deposit intangible
 

 
406

 
406

Other real estate
 
45,594

 
(22,860
)
 
22,734

Other assets
 
7,628

 
(987
)
 
6,641

Total assets acquired
 
$
165,876

 
$
(15,284
)
 
$
150,592

Liabilities
 
 
 
 
 
 
Deposits
 
$
146,457

 
$

 
$
146,457

Other liabilities
 
122

 
1,561

 
1,683

Total liabilities assumed
 
$
146,579

 
$
1,561

 
$
148,140

Summary of Activity for the FDIC Indemnification Asset
A summary of activity for the FDIC indemnification asset, included in other assets in the Consolidated Balance Sheets, follows:
 
 
For the Year Ended
(in thousands)
 
December 31, 2014
 
December 31, 2013
Beginning balance
 
$
14,136

 
$
20,074

Adjustments:
 
 
 
 
Accretion income
 
172

 
532

Amortization
 
(992
)
 
(82
)
(Fewer) additional estimated covered losses
 
(1,602
)
 
3,328

Loss share remittances
 
(4,595
)
 
(8,178
)
Loans paid in full/ORE sold
 
(2,108
)
 
(1,538
)
Ending balance
 
$
5,011

 
$
14,136