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Business Combinations, Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Business Combinations, Goodwill and Intangible Assets [Abstract]  
Schedule of Total Consideration Transferred and Fair Value of Identifiable Assets Acquired and Liabilities Assumed The following table summarizes the fair value of the total consideration transferred as a part of the Citizens First acquisition as well as the fair value of identifiable assets acquired and liabilities assumed as of the effective date of the transaction.
Consideration 
Cash for Options and Fractional Shares$216 
Cash Consideration15,294 
Equity Instruments50,118 
  
Fair Value of Total Consideration Transferred$65,628 
Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed:
     Cash$21,055 
     Interest-bearing Time Deposits with Banks2,231 
     Securities43,839 
     Loans356,970 
     Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost2,065 
     Premises, Furniture & Equipment10,772 
     Other Real Estate— 
     Intangible Assets4,547 
     Company Owned Life Insurance8,796 
     Accrued Interest Receivable and Other Assets3,863 
     Deposits - Non-interest Bearing(52,521)
     Deposits - Interest Bearing(318,966)
     FHLB Advances and Other Borrowings(31,068)
     Accrued Interest Payable and Other Liabilities(3,694)
     Total Identifiable Net Assets$47,889 
Goodwill$17,739 
The following table summarizes the fair value of the total consideration transferred as a part of the First Security acquisition as well as the fair value of identifiable assets acquired and liabilities assumed as of the effective date of the transaction.
Consideration 
Cash for Options and Fractional Shares$132 
Cash Consideration31,039 
Equity Instruments64,898 
  
Fair Value of Total Consideration Transferred$96,069 
Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed:
     Cash$13,605 
     Interest-bearing Time Deposits with Banks250 
     Securities109,580 
     Loans390,106 
     Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost2,607 
     Premises, Furniture & Equipment11,149 
     Other Real Estate468 
     Intangible Assets6,139 
     Company Owned Life Insurance13,135 
     Accrued Interest Receivable and Other Assets6,126 
     Deposits - Non-interest Bearing(66,112)
     Deposits - Interest Bearing(358,285)
     FHLB Advances and Other Borrowings(73,275)
     Accrued Interest Payable and Other Liabilities(2,618)
     Total Identifiable Net Assets$52,875 
Goodwill$43,194 
The following table summarizes the fair value of the total cash received as part of the branch acquisition as well as the fair value of identifiable assets acquired and liabilities assumed as of the effective date of the transaction.
Total Cash Received from First Financial$41,826 
Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed:
     Cash$756 
     Loans116,305 
     Premises, Furniture & Equipment5,666 
     Intangible Assets3,475 
     Accrued Interest Receivable and Other Assets780 
     Deposits - Non-interest Bearing(39,607)
     Deposits - Interest Bearing(136,096)
     Accrued Interest Payable and Other Liabilities(70)
     Total Identifiable Net Assets$(48,791)
Goodwill$6,965 
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the periods ended December 31, 2020, 2019, and 2018, were classified as follows:
 202020192018
Beginning of Year$121,306 $103,681 $54,058 
Acquired Goodwill650 17,625 49,623 
Impairment— — — 
End of Year$121,956 $121,306 $103,681 
Schedule of Acquired Intangible Assets
Acquired Intangible Assets

Acquired intangible assets were as follows as of year end:
2020
 Gross AmountAccumulated Amortization
Core Banking  
Core Deposit Intangible$25,780 $(18,619)
Branch Acquisition Intangible257 (257)
Insurance  
Customer List5,408 (5,318)
Total$31,445 $(24,194)
2019
 Gross AmountAccumulated Amortization
Core Banking  
Core Deposit Intangible$25,780 $(15,110)
Branch Acquisition Intangible257 (257)
Insurance  
Customer List5,408 (5,288)
Total$31,445 $(20,655)
Schedule of Estimated Amortization Expense of Intangibles
Estimated amortization expense for each of the next five years is as follows:
2021$2,745 
20221,990 
20231,337 
2024751 
2025337 
Schedule of Unaudited Pro Forma Financial Information The following table presents unaudited pro forma information as if the acquisition had occured on January 1, 2018 after giving effect to certain adjustments. The unaudited pro forma information for the years ended December 31, 2019 and 2018 includes adjustments for interest income on loans and securities acquired, amortization of intangibles arising from the transaction, interest expense on deposits and borrowings acquired, and the related income tax effects. The unaudited pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transaction been effected on the assumed date.
Unaudited Pro Forma
Year Ended 12/31/2019		Unaudited Pro Forma
Year Ended 12/31/2018
Net Interest Income$155,439 $134,129 
Non-interest Income46,857 40,678 
Total Revenue202,296 174,807 
Provision for Loan Losses Expense5,648 2,070 
Non-interest Expense116,083 107,995 
Income Before Income Taxes80,565 64,742 
Income Tax Expense14,358 11,281 
Net Income$66,207 $53,461 
Earnings Per Share and Diluted Earnings Per Share$2.48 $2.13