Mergers and Acquisitions (Tables) - First Sentry Bancshares, Inc. [Member]

6 Months Ended

Jun. 30, 2018

Summary of Preliminary Purchase Price of Acquisition and Resulting Goodwill

The preliminary purchase price of the FTSB acquisition and resulting goodwill is summarized as follows:

(unaudited, in thousands)	April 5, 2018
Purchase Price:
Fair value of WesBanco shares issued	$	107,347
Cash consideration for outstanding FTSB shares		975
Total purchase price	$	108,322
Fair value of:
Tangible assets acquired	$	610,712
Core deposit and other intangible assets acquired		8,237
Liabilities assumed		(663,970	)
Net cash received in the acquisition		87,124
Fair value of net assets acquired		42,103
Goodwill recognized	$	66,219

Allocation of Purchase Price of Assets Acquired and Liabilities Assumed

The following table presents the preliminary allocation of the purchase price of the assets acquired and the liabilities assumed at the date of acquisition, as WesBanco intends to finalize its accounting for the acquisition of FTSB within one year from the date of acquisition:

(unaudited, in thousands)	April 5, 2018
Assets acquired
Cash and due from banks	$	87,124
Securities		142,903
Loans		448,339
Goodwill and other intangible assets		74,456
Accrued income and other assets		19,470
Total assets acquired	$	772,292
Liabilities assumed
Deposits	$	590,018
Borrowings		70,710
Accrued expenses and other liabilities		3,242
Total liabilities assumed	$	663,970
Net assets acquired	$	108,322