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Acquisition and Divestiture Activity (Tables)
 6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Summary of Business Acquisition The following table presents the preliminary valuation of the assets acquired and liabilities assumed, net of the fair value adjustments and the fair value of consideration as of the merger date:
(dollars and shares in thousands)February 15,
2022
Assets
Cash and cash equivalents$1,912,629 
Investment securities3,526,278 
FHLB/Federal Reserve Bank stock106,097 
Loans held for sale13,809 
Loans, net of allowance for credit losses14,309,431 
Premises and equipment112,426 
Operating lease right-of-use assets129,698 
Accrued interest receivable53,502 
Goodwill954,540 
Other intangible assets117,584 
Company-owned life insurance301,025 
Other assets314,459 
Total assets$21,851,478 
Liabilities
Deposits$17,249,404 
Securities sold under agreements to repurchase135,194 
Federal Home Loan Bank advances1,158,623 
Other borrowings274,569 
Accrued expenses and other liabilities343,506 
Total liabilities$19,161,296 
Fair value of consideration
Preferred stock$243,870 
Common stock (129,365 shares issued at $18.92 per share)
2,446,312 
Total consideration$2,690,182 
Schedule of Pro Forma Information
The following table presents supplemental unaudited pro-forma financial information as if the First Midwest merger had occurred on January 1, 2021. The pro-forma financial information is not necessarily indicative of the results of operations that would have occurred had the transaction been effective as of this assumed date.
Three Months Ended
June 30,		Six Months Ended
June 30,
(dollars in thousands)2022202120222021
Total revenues (1)
$426,589 $391,993 $798,935 $786,304 
Income before income taxes176,549 109,285 264,868 127,879 
(1)    Includes net interest income and total noninterest income.