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Acquisitions & Divestitures Acquisitions & Divestitures (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table presents the assets acquired and liabilities assumed of Trinity as of March 8, 2019. Additional adjustments may be recorded during the measurement period specified in ASC 805, Business Combinations, as additional information becomes known.
($ in thousands) | As Recorded by Trinity |  | Adjustments |  | As Recorded by EFSC
Assets acquired: |  |  |  |  |
Cash and cash equivalents | $ | 13,899 |  |  | $ | — |  |  | $ | 13,899 |
Interest-earning deposits greater than 90 days | 100 |  |  | — |  |  | 100 |
Securities | 428,715 |  |  | (619 | ) | (a) | 428,096 |
Loans | 705,057 |  |  | (20,743 | ) | (b) | 684,314 |
Other real estate | 5,284 |  |  | (2,059 | ) | (c) | 3,225 |
Other investments | 6,673 |  |  | — |  |  | 6,673 |
Fixed assets | 27,586 |  |  | (300 | ) | (d) | 27,286 |
Accrued interest receivable | 3,997 |  |  | — |  |  | 3,997 |
Intangible assets | — |  |  | 23,066 |  | (e) | 23,066 |
Deferred tax assets | 10,708 |  |  | (2,386 | ) | (f) | 8,322 |
Other assets | 35,045 |  |  | (1,484 | ) | (g) | 33,561 |
Total assets acquired | $ | 1,237,064 |  |  | $ | (4,525 | ) |  | $ | 1,232,539 |
Liabilities assumed: |  |  |  |  |
Deposits | $ | 1,081,151 |  |  | $ | 36 |  | (h) | $ | 1,081,187 |
Subordinated debentures | 26,806 |  |  | (3,972 | ) | (i) | 22,834 |
FHLB advances | 6,800 |  |  | 171 |  | (j) | 6,971 |
Accrued interest payable | 370 |  |  | — |  |  | 370 |
Other liabilities | 5,842 |  |  | (827 | ) | (k) | 5,015 |
Total liabilities assumed | $ | 1,120,969 |  |  | $ | (4,592 | ) |  | $ | 1,116,377 |
Net assets acquired | $ | 116,095 |  |  | $ | 67 |  |  | $ | 116,162 |
Consideration paid: |  |  |  |  |
Cash |  |  |  |  | $ | 37,275 |
Common stock |  |  |  |  | 171,885 |
Total consideration paid |  |  |  |  | $ | 209,160 |
Goodwill |  |  |  |  | $ | 92,998 |
(a)Fair value adjustments of the securities portfolio.
(b) | Fair value adjustments based on the Company’s evaluation of the acquired loan portfolio, write-off of net deferred loan costs and elimination of the allowance for loan losses recorded by Trinity.
(c) | Fair value adjustment based on the Company’s evaluation of the acquired other real estate portfolio.
(d) | Fair value adjustments based on the Company’s evaluation of the acquired premises and equipment.
(e) | Record the core deposit intangible asset on the acquired core deposit accounts. Amount to be amortized using a sum of years digits method over a useful life of 10 years.
(f) | Adjustment for deferred taxes.
(g) | Fair value adjustment of other assets.
(h) | Fair value adjustment to time deposits.
(i) | Fair value adjustment to the trust preferred securities.
(j) | Fair value adjustment to the FHLB borrowings.
(k) Fair value adjustment of other liabilities.
Business Acquisition, Pro Forma Information [Table Text Block] | The following table provides the unaudited pro forma information for the results of operations for the twelve months ended December 31, 2019 and 2018, as if the acquisition had occurred on January 1, 2018. The pro forma results combine the historical results of Trinity with the Company’s Consolidated Statements of Income, adjusted for the impact of the application of the acquisition method of accounting including loan discount accretion, intangible assets amortization, and deposit and trust preferred securities premium accretion, net of taxes. The pro forma results have been prepared for comparative purposes only and are not necessarily indicative of the results that would have been obtained had the acquisition actually occurred on January 1, 2018. No assumptions have been applied to the pro forma results of operations regarding possible revenue enhancements, expense efficiencies or asset dispositions. Only the acquisition-related expenses that have been incurred as of December 31, 2019 are included in net income in the table below.
| Pro Forma
| Twelve months ended December 31,
($ in thousands, except per share data) | 2019 |  | 2018
Total revenues (net interest income plus noninterest income) | $ | 296,677 |  |  | $ | 286,076 |
Net income | 107,626 |  |  | 85,579 |
Diluted earnings per common share | 4.11 |  |  | 3.14 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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