Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2016

Finite-Lived Intangible Assets [Line Items]

Schedule of Intangible Assets and Goodwill [Table Text Block]

The following table presents gross carrying value and accumulated amortization by major intangible asset class as of September 30, 2016 and December 31, 2015 (in thousands):



	September 30, 2016				December 31, 2015
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Goodwill not subject to amortization (effective 1/1/02)	$	61,551	$	3,760	$	44,767	$	3,760
Intangibles from branch acquisition	3,015		3,015		3,015		3,015
Core deposit intangibles	19,862		9,180		15,202		8,017
Other intangibles	3,731		2,055		3,731		1,919
Mortgage Service Rights	$	1,060	$	—	$	—	$	—
	$	89,219	$	18,010	$	66,715	$	16,711

Schedule of Intangible Assets Amortization Expense [Table Text Block]

Total amortization expense for the nine months ended September 30, 2016 and 2015 was as follows (in thousands):



	Three months ended September 30,				Nine months ended September 30,
	2016		2015		2016		2015
Core deposit intangibles	395		155		1,161		466
Other Intangibles	46		—		137		—
Mortgage Service Rights	14		—		14		—
	$	455	$	155	$	1,312	$	466

Schedule of Expected Amortization Expense [Table Text Block]

Aggregate amortization expense for the current year and estimated amortization expense for each of the five succeeding years is shown in the table below (in thousands):



Aggregate amortization expense:
For period 01/01/16-09/30/16	$	1,312
Estimated amortization expense:
For period 10/01/16-12/31/16	557
For year ended 12/31/17	1,502
For year ended 12/31/18	1,373
For year ended 12/31/19	1,259
For year ended 12/31/20	1,113
For year ended 12/31/21	890

First Clover Leaf [Member]

Finite-Lived Intangible Assets [Line Items]

Reconciliation of purchase price to goodwill recorded [Table Text Block]

The following table provides a reconciliation of the purchase price paid for First Clover Leaf and the amount of goodwill recorded (in thousands):



Purchase price (in excess of net book value)			$	8,741
Less purchase accounting adjustments:
Fair value of securities	737
Fair value of loans, net	3,475
Fair value of OREO	754
Fair value of premises and equipment	(1,963	)
Fair value of time deposits	1,994
Fair value of FHLB advances	113
Fair value of subordinated debentures	(731	)
Core deposit intangible	(4,660	)
Other assets	8,325
			8,044
Resulting goodwill from acquisition			$	16,785

OldNationalBankBranches [Member]

Finite-Lived Intangible Assets [Line Items]

Reconciliation of purchase price to goodwill recorded [Table Text Block]

The following table provides a reconciliation of the purchase price paid for the ONB Branches and the amount of goodwill recorded (in thousands):



Purchase price (in excess of net book value)				$	15,892
Less purchase accounting adjustments:
Fair value of loans	$	3,377
Fair value of premises and equipment	125
Fair value of time deposits	837
Core deposit intangible	(6,216		)
Other assets	259
				(1,618		)
Resulting goodwill from acquisition				$	14,274

Illiana [Member]

Finite-Lived Intangible Assets [Line Items]

Reconciliation of purchase price to goodwill recorded [Table Text Block]

The following table provides a reconciliation of the purchase price paid for Illiana and the amount of goodwill recorded (in thousands):



Purchase price (in excess of net book value)	$	2,807
Less purchase accounting adjustments:
Insurance company intangibles	(1,827		)
Resulting goodwill from acquisition	$	980