Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Preliminary Valuations of the Fair Value of Assets Acquired and Liabilities Assumed



	Fair Value
Cash and cash equivalents	$	6,016
Interest-bearing time deposits	248,212
Investment securities	4,078
Loans held for sale	594
Loans	725,382
Premises and equipment	10,107
Federal Home Loan Bank stock	4,810
Interest receivable	3,445
Cash surrender value of life insurance	26,964
Other assets	11,780
Deposits	(862,271		)
Securities sold under repurchase agreements	(17,915		)
Federal Home Loan Bank Advances	(47,575		)
Subordinated debentures	(10,583		)
Interest payable	(1,005		)
Other liabilities	(14,472		)
Net tangible assets acquired	87,567
Other Intangible assets	17,403
Goodwill	153,636
Purchase price	$	258,606



	Fair Value
Cash and cash equivalents	$	48,532
Interest-bearing time deposits	292
Loans held for sale	7,626
Loans	224,680
Premises and equipment	1,986
Federal Home Loan Bank stock	1,091
Interest receivable	653
Other assets	1,620
Deposits	(252,783		)
Interest payable	(244		)
Other liabilities	(3,106		)
Net tangible assets acquired	30,347
Core deposit intangible	4,526
Goodwill	47,719
Purchase price	$	82,592

Schedule of Acquired Loan Data

Acquired loan data for Arlington Bank can be found in the table below:



	Fair Value of Acquired Loans at Acquisition Date		Gross Contractual Amounts Receivable at Acquisition Date		Best Estimate at Acquisition Date of Contractual Cash Flows Not Expected to be Collected
Acquired receivables subject to ASC 310-30	$	2,625	$	6,183	$	2,891
Acquired receivables not subject to ASC 310-30	$	222,055	$	308,857	$	2,741

Acquired loan data for IAB can be found in the table below:



	Fair Value of Acquired Loans at Acquisition Date		Gross Contractual Amounts Receivable at Acquisition Date		Best Estimate at Acquisition Date of Contractual Cash Flows Not Expected to be Collected
Acquired receivables subject to ASC 310-30	$	4,838	$	14,131	$	8,352
Acquired receivables not subject to ASC 310-30	$	720,544	$	864,613	$	9,786

The following table presents loans acquired during the period ending December 31, 2017, for which it was probable at acquisition that all contractually required payments would not be collected. There were no loans acquired during the period ending December 31, 2016.



	2017
	IAB		Arlington Bank		Total
Contractually required payments receivable at acquisition date	$	14,131	$	6,183	$	20,314
Nonaccretable difference	8,352		2,891		11,243
Expected cash flows at acquisition date	5,779		3,292		9,071
Accretable difference	941		667		1,608
Basis in loans at acquisition date	$	4,838	$	2,625	$	7,463

Schedule of Pro Forma Information from Acquisition

The following schedule includes pro forma results for the year ended December 31, 2017 and 2016, as if the Arlington Bank and IAB acquisitions occurred as of the beginning of the periods presented.



	2017		2016
Total revenue (net interest income plus other income)	$	380,324	$	353,732
Net income	$	95,009	$	95,288
Net income available to common shareholders
Earnings per share:
Basic	$	1.94	$	1.95
Diluted	$	1.93	$	1.94