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Acquisition and Divestiture Activity (Tables) (Indiana Community Bancorp [Member])
6 Months Ended
Jun. 30, 2013
Indiana Community Bancorp [Member]
 
Schedule of Preliminary Purchase Price Allocation

The purchase price for the IBT acquisition is allocated as follows (in thousands):

 

Cash and cash equivalents

   $ 78,540   

Investment securities—available for sale

     147,710   

Federal Home Loan Bank stock, at cost

     7,092   

Loans

     497,434   

Premises and equipment

     13,345   

Accrued interest receivable

     2,165   

Other real estate owned

     6,111   

Company-owned life insurance

     15,833   

Other assets

     49,655   

Deposits

     (784,589

Other borrowings

     (15,464

Accrued expenses and other liabilities

     (18,564
  

 

 

 

Net tangible assets acquired

     (732

Definite-lived intangible assets acquired

     3,024   

Goodwill

     86,205   
  

 

 

 

Purchase price

   $ 88,497   
  

 

 

 
Schedule of Components of Estimated Fair Value of Intangible Assets

These intangible assets will be amortized on an accelerated basis over their estimated lives and are included in the “Community Banking” and “Other” segments, as described in Note 20 of these consolidated financial statement footnotes.

 

     Estimated         
     Fair Value      Estimated  
     (in millions)      Useful Lives (Years)  

Core deposit intangible

   $ 1.3         7   

Trust customer relationship intangible

   $ 1.7         12