| Summary of Net Liabilities Assumed |
The following is a summary of net liabilities assumed:
| | | | | (Dollars in thousands) | | Net assets acquired: | | Cash received in transaction | $ | 47,962 |
| Cash on hand | 330 |
| Loans | 18,200 |
| Bank premises, furniture and equipment | 609 |
| Accrued interest receivable and other assets | 62 |
| Core deposit intangible | 878 |
| | 68,041 |
| | | Deposits | 68,697 |
| Accrued interest payable and other liabilities | 45 |
| | 68,742 |
| | | Net liabilities assumed | (701 | ) | Goodwill | 701 |
| | $ | — |
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| Acquisition Related Costs Included in Consolidated Statements of Income |
The following acquisition related costs are included in the consolidated statements of income for the periods indicated:
| | | | | | | | | | | | | | | | Year ended | | Year ended | | Year ended | (Dollars in thousands) | | December 31, 2016 | | December 31, 2015 | | December 31, 2014 | Professional fees | | $ | — |
| | $ | 471 |
| | $ | 183 |
| Marketing | | — |
| | 29 |
| | 4 |
| Printing, postage and supplies | | — |
| | 71 |
| | 9 |
| Equipment depreciation and maintenance | | — |
| | — |
| | 26 |
| Travel and entertainment | | — |
| | 50 |
| | 88 |
| Data processing and communications | | — |
| | 76 |
| | — |
| Other operating expense | | — |
| | 25 |
| | — |
| Total | | $ | — |
| | $ | 722 |
| | $ | 310 |
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