Acquisition Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table presents the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date related to Bank Mutual:



	Purchase Accounting Adjustments			February 1, 2018
	($ in Thousands)
Assets
Cash and cash equivalents	$	—		$	78,052
Investment securities	(6,238		)	452,867
Federal Home Loan Bank stock, at cost	—			20,026
Loans	(48,043		)	1,875,877
Premises and equipment, net	2,930			42,689
Bank owned life insurance	(24		)	65,390
Goodwill				175,499
Core deposit intangibles (included in other intangible assets, net on the face of the Consolidated Balance Sheets)	58,100			58,100
Other real estate owned (included in other assets on the face of the Consolidated Balance Sheets)	199			4,848
Others assets	$	7,054		$	47,158
Total assets				$	2,820,506
Liabilities
Deposits	$	2,498		$	1,840,950
Other borrowings	1,875			431,886
Other liabilities	$	4,487		$	65,982
Total liabilities				$	2,338,818
Total consideration paid				$	481,688

Acquired loans fair value calculation

For loans acquired, the contractual amounts due, expected cash flows to be collected, interest component, and fair value as of the respective acquisition dates were as follows:



	February 1, 2018
	Acquired Performing Loans			Acquired Impaired Loans			Total
	($ in Thousands)
Contractual required principal and interest at acquisition	$	1,899,932		$	23,988		$	1,923,920
Contractual cash flows not expected to be collected (nonaccretable discount)	—			(1,866		)	(1,866		)
Expected cash flows at acquisition	1,899,932			22,122			1,922,054
Interest component of expected cash flows (accretable discount)	(41,324		)	(4,853		)	(46,177		)
Fair value of acquired loans	$	1,858,608		$	17,269		$	1,875,877