Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

The following table presents the assets acquired and liabilities assumed, net of the fair value adjustments, in the Northern States and Standard transactions as of the acquisition date. The assets acquired and liabilities assumed, both intangible and tangible, were recorded at their estimated fair values as of the acquisition date and have been accounted for under the acquisition method of accounting.

Acquisition Activity

(Dollar amounts in thousands, except share and per share data)



	Northern States		Standard
	October 12, 2018		January 6, 2017
Assets
Cash and due from banks and interest-bearing deposits in other banks	$	160,145	$	102,149
Equity securities	3,915		—
Securities available-for-sale	47,149		214,107
FHLB and FRB stock	554		3,247
Loans	284,924		1,762,303
OREO	2,549		8,424
Investment in BOLI	11,104		55,629
Goodwill	29,343		345,334
Other intangible assets	12,230		31,072
Premises, furniture, and equipment	7,039		56,517
Accrued interest receivable and other assets	19,717		60,278
Total assets	$	578,669	$	2,639,060
Liabilities
Noninterest-bearing deposits	$	346,714	$	675,354
Interest-bearing deposits	116,446		1,348,520
Total deposits	463,160		2,023,874
Borrowed funds	18,218		—
Senior and subordinated debt	8,038		—
Accrued interest payable and other liabilities	5,950		34,471
Total liabilities	495,366		2,058,345
Consideration Paid
Common stock (2018 - 3,310,912, shares issued at $25.16 per share, 2017 - 21,057,085 share issued at $25.34 per share), net of issuance costs	83,303		533,590
Cash paid	—		47,125
Total consideration paid	83,303		580,715
	$	578,669	$	2,639,060