Business Combination (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Consideration Paid and Amounts of Assets and Liabilities Assumed

The following table summarizes the consideration paid for NBOH and the amounts of the assets acquired and liabilities assumed on the closing date of the acquisition.

(In Thousands of Dollars)
Consideration
Cash	$	15,732
Stock		59,048
Fair value of total consideration transferred	$	74,780
Assets acquired and liabilities assumed
Cash and due from financial institutions	$	37,035
Securities available for sale		51,340
Net loans		430,035
Premises and equipment		6,105
Bank owned life insurance		2,891
Core deposit intangible		4,409
Other assets		7,996
Total assets		539,811
Fair value of liabilities assumed
Deposits		423,661
Short-term borrowings		13,531
Long-term borrowings		52,006
Accrued interest payable and other liabilities		2,514
Total liabilities		491,712
Net assets acquired	$	48,099
Goodwill created		26,681
Total net assets acquired	$	74,780

Pro Forma Information

The pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transactions been effective on the assumed dates.

	For Three Months Ended June 30,				For Six Months Ended June 30,
(In thousands of dollars except per share results)	2015		2014		2015		2014
Net interest income	$	14,598	$	13,235	$	28,278	$	26,217
Net income	$	3,390	$	3,734	$	7,216	$	7,125
Basic and diluted earnings per share	$	0.13	$	0.15	$	0.28	$	0.28