Business Combinations Guaranty Bancorp On January 1, 2019, the Company acquired 100% of the outstanding stock of Guaranty Bancorp (Guaranty) and its subsidiary, Guaranty Bank and Trust Company (Guaranty Bank) , Denver, Colorado. As a result of the acquisition, the Company added 32 full service branch locations along the Colorado Front Range, including locations throughout the Denver metropolitan area and along I-25 to Fort Collins expanding the Company's footprint in Colorado. The Company issued 13,179,748 shares of Company stock for the outstanding shares of Guaranty common stock, including restricted stock replacement awards. The Company has recognized a provisional amount of goodwill of $270,583 which is calculated as the excess of both the consideration exchanged and liabilities assumed compared to the estimated fair market value of identifiable assets acquired. The goodwill in this acquisition resulted from a combination of expected synergies and expansion into desirable Colorado markets. None of the goodwill recognized is expected to be deductible for income tax purposes. The Company has incurred expenses related to the acquisition of approximately $17,821 for the three months ended March 31, 2019 , which is included in salaries and benefits and acquisition expense in the consolidated statements of income. The Company incurred expense of $1,560 during the year ended December, 31, 2018. Provisional estimates for loans, other intangibles, deposits and subordinated debentures have been recorded for the acquisition as final valuations are not yet available. The Company does not expect any significant differences from estimated values upon completion of the valuations. The Company has not finalized the loan portfolio for credit-impaired and non-credit-impaired loan estimations, therefore, the amounts are not available for disclosure. Estimated fair values of the assets acquired and liabilities assumed in this transaction as of the closing date are as follows: Assets of acquired bank: Cash and cash equivalents $ 39,913 Certificates of deposit held in other banks 262 Securities available for sale 561,052 Restricted stock 27,794 Loans 2,788,159 Premises and equipment 65,786 Other real estate owned 1,710 Goodwill 270,583 Other intangible assets 71,518 Bank owned life insurance 80,837 Other assets 31,517 Total assets acquired $ 3,939,131 Liabilities of acquired bank: Deposits $ 3,108,810 Repurchase agreements 8,475 FHLB advances 142,653 Other borrowings 40,000 Junior subordinated debentures 25,774 Other liabilities 11,538 Total liabilities assumed $ 3,337,250 Common stock of 13,109,500 issued at $45.77 per share $ 600,022 Consideration attributable to 70,248 shares of restricted stock replacement awards $ 1,850 Cash paid $ 9 The following table presents pro-forma information as if the Guaranty acquisition was completed as of January 1, 2018. The pro-forma results combine the historical results of Guaranty into the Company's consolidated statement of income including the impact of certain purchase accounting adjustments including loan and investment discount accretion and intangible assets amortization. The pro-forma results have been prepared for comparative purposes only and are not necessarily indicative of the results that would have been obtained had the acquisition actually occurred on January 1, 2018: Interest income $ 131,116 Noninterest income 16,425 Total Revenue $ 147,541 Net income 46,603 Net income to common stockholders $ 46,603 Basic earnings per share $ 1.12 Diluted earnings per share $ 1.12 Revenues and earnings of the acquired company since the acquisition date have not been disclosed as Guaranty was merged into the Company and separate financial information is not readily available.