Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

The following table presents the assets acquired and liabilities assumed, net of the fair value adjustments, in the Bridgeview and Northern States 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)


	Bridgeview		Northern States
	May 9, 2019		October 12, 2018
Assets
Cash and due from banks and interest-bearing deposits in other banks	$	35,097	160,145
Equity securities	6,966		3,915
Securities available-for-sale	263,090		47,149
Securities held-to-maturity	13,426		—
FHLB and FRB stock	1,481		554
Loans	710,647		284,940
OREO	6,003		2,549
Investment in BOLI	—		11,104
Goodwill	59,142		30,016
Other intangible assets	15,603		12,230
Premises, furniture, and equipment	17,681		5,820
Accrued interest receivable and other assets	35,997		20,911
Total assets	$	1,165,133	$	579,333
Liabilities
Noninterest-bearing deposits	$	179,267	$	346,714
Interest-bearing deposits	807,487		116,446
Total deposits	986,754		463,160
Borrowed funds	1,746		18,218
Senior and subordinated debt	29,360		8,038

Accrued interest payable and other liabilities	11,921		6,614
Total liabilities	1,029,781		496,030
Consideration Paid
Common stock (2019 - 4,728,541, shares issued at $28.61 per share, 2018 - 3,310,912 share issued at $25.16 per share), net of issuance costs	98,212		83,303
Cash paid	37,140		—
Total consideration paid	135,352		83,303
	$	1,165,133	$	579,333