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Acquisition (Tables)
 3 Months Ended
Mar. 31, 2020
Business Combinations [Abstract]  
Schedule of preliminary valuations of the fair value of assets acquired and liabilities assumed Based on preliminary valuations of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on assumptions that are subject to change based on the timing of the transaction, the purchase price for the MBT acquisition is detailed in the following table. If, prior to the end of the one-year measurement period for finalizing the purchase price allocation, information becomes available about facts and circumstances that existed as of the acquisition date, which would indicate adjustments are required to the purchase price allocation, such adjustments will be included in the purchase price allocation retrospectively.
 
 
Fair Value
Cash and cash equivalents
 
$
10,222

Interest-bearing time deposits
 
281,228

Investment securities
 
212,235

Loans
 
732,578

Premises and equipment
 
21,664

Federal Home Loan Bank stock
 
4,148

Interest receivable
 
3,361

Cash surrender value of life insurance
 
59,545

Tax asset, deferred and receivable
 
5,205

Other assets
 
6,011

Deposits
 
(1,105,926
)
Securities sold under repurchase agreements
 
(94,760
)
Federal Home Loan Bank advances
 
(10,853
)
Other liabilities
 
(9,807
)
Net tangible assets acquired
 
114,851

Core deposit intangible
 
16,527

Goodwill
 
98,563

Purchase price
 
$
229,941
Schedule of acquired loan data

Acquired loan data for MBT is included in the following table:
 
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
$
3,531

 
$
6,840

 
$
2,733

Acquired receivables not subject to ASC 310-30
$
729,047

 
$
907,210

 
$
14,722
Schedule of pro forma financial information
The results of operations of MBT have been included in the Corporation's consolidated financial statements since the acquisition date. The following table includes pro forma results for the year ended December 31, 2019 as if the MBT acquisition occurred as of the beginning of the period presented.
 
 
2019
Total revenue (net interest income plus other income)
 
$
474,891

Net income available to common shareholders
 
$
161,228

Earnings per share:
 
 
Basic
 
$
2.89

Diluted
 
$
2.88