XML 62 R71.htm IDEA: XBRL DOCUMENT v3.20.1
Acquisition of a Business - Summary of Estimated Fair Values of Assets and Liabilities Assumed as of Acquisition Date (Details) - USD ($)
$ in Thousands
May 15, 2019
Apr. 30, 2019
May 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Consideration paid              
Goodwill       $ 148,353 $ 128,177 $ 54,562 $ 51,975
Oak Park River Forest Bankshares, Inc.              
Assets              
Cash and cash equivalents   $ 10,469          
Securities available-for-sale   30,343          
Restricted stock   414          
Loans   257,423          
Premises and equipment   3,488          
Other real estate owned   2,201          
Other intangible assets   6,220          
Bank-owned life insurance   3,485          
Deferred tax assets, net   5,925          
Other assets   1,231          
Total assets acquired   321,199          
Liabilities              
Deposits   290,171          
Line of credit   5,655          
Federal Home Loan Bank advances   5,300          
Accrued expenses and other liabilities   4,766          
Total liabilities assumed   305,892          
Net assets acquired   15,307          
Consideration paid              
Common stock (2019 - 1,464,558 shares issued at $20.02 per share, 2018 - 6,682,850 shares issued at $21.62 per share)   29,320          
Consideration paid in cash $ 4,200 6,163          
Total consideration paid   35,483          
Goodwill   $ 20,176          
First Evanston Bancorp, Inc.              
Assets              
Cash and cash equivalents     $ 47,378        
Securities available-for-sale     128,063        
Restricted stock     1,360        
Loans     916,011        
Premises and equipment     15,890        
Other intangible assets     22,276        
Deferred tax assets, net     2,302        
Other assets     8,845        
Total assets acquired     1,142,125        
Liabilities              
Deposits     1,022,268        
Junior subordinated debentures     8,497        
Accrued expenses and other liabilities     5,844        
Total liabilities assumed     1,036,609        
Net assets acquired     105,516        
Consideration paid              
Common stock (2019 - 1,464,558 shares issued at $20.02 per share, 2018 - 6,682,850 shares issued at $21.62 per share)     144,483        
Outstanding stock options converted to Byline stock options     7,644        
Consideration paid in cash     27,004        
Total consideration paid     179,131        
Goodwill     $ 73,615