XML 58 R48.htm IDEA: XBRL DOCUMENT v3.22.2
Acquisition and Divestiture Activity - Total Consideration (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 15, 2022
Mar. 31, 2022
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Assets              
Goodwill   $ 1,997,157 $ 1,991,534 $ 1,036,994 $ 1,036,994 $ 1,036,994 $ 1,036,994
Fair value of consideration              
Issuance of common stock   2,446,312          
Preferred Stock              
Fair value of consideration              
Issuance of common stock     243,870 0      
Common Stock              
Fair value of consideration              
Issuance of common stock $ 129,365 $ 129,365 $ 2,446,312 $ 0      
Share price (in dollars per share) $ 18.92            
First Midwest              
Assets              
Cash and cash equivalents $ 1,912,629            
Investment securities 3,526,278            
FHLB/Federal Reserve Bank stock 106,097            
Loans held for sale 13,809            
Loans, net of allowance for credit losses 14,309,431            
Premises and equipment 112,426            
Operating lease right-of-use assets 129,698            
Accrued interest receivable 53,502            
Goodwill 954,540            
Other intangible assets 117,584            
Company-owned life insurance 301,025            
Other assets 314,459            
Total assets 21,851,478            
Liabilities              
Deposits 17,249,404            
Securities sold under agreements to repurchase 135,194            
Federal Home Loan Bank advances 1,158,623            
Other borrowings 274,569            
Accrued expenses and other liabilities 343,506            
Total liabilities 19,161,296            
Fair value of consideration              
Total consideration $ 2,690,182            
First Midwest | Preferred Stock              
Fair value of consideration              
Issuance of common stock shares for acquisitions of business (in shares) 243,870            
First Midwest | Common Stock              
Fair value of consideration              
Issuance of common stock shares for acquisitions of business (in shares) 2,446,312