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BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value. As a condition of the merger, certain acquired assets and liabilities held for sale were divested subsequent to the closing of the merger. There was no gain or loss recorded in the Consolidated Statement of Income in conjunction with this divestiture.
(Dollars in thousands)
MainSource
Purchase consideration
 
Cash consideration
$
43

Stock consideration
1,043,424

Warrant consideration
14,460

Options consideration
1,577

Total purchase consideration
1,059,504

 
 
Assets acquired
 
Cash
71,806

Investment securities available-for-sale
900,935

Investment securities held-to-maturity
171,423

Other investments
28,763

Loans
2,792,572

Premises and equipment
98,814

Intangible assets
42,887

Other assets
167,829

Assets held for sale
127,775

Total assets acquired
4,402,804

 
 
Liabilities assumed
 
Deposits
3,263,920

Subordinated notes
49,027

FHLB advances
291,887

Other borrowings
205,620

Other liabilities
32,649

Liabilities held for sale
175,840

Total liabilities assumed
4,018,943

 
 
Net identifiable assets
383,861

Goodwill
$
675,643


Business Acquisition, Pro Forma Information, Nonrecurring Adjustments
 
Twelve months ended
 
 
December 31,
(Dollars in thousands, except per share data)
2018
 
2017
Pro Forma Condensed Combined Income Statement Information
 
 
 
 
Net interest income
 
$
484,915

 
$
454,579

Net income
 
221,122

 
130,402

Basic earnings per share
 
2.27

 
1.34

Diluted earnings per share
 
2.25

 
1.33