Business Combinations (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



	Acquired Book Value			Fair Value Adjustments			As Recorded by SCB
Assets
Cash and due from banks	$	65,095		$	—		$	65,095
Investment Securities	97,545			(41		)	97,504
Loans	255,429			(7,868		)	247,561
Allowance for loan losses	(4,491		)	4,491			—
Other real estate owned	783			(345		)	438
Premises and equipment	10,115			953			11,068
Goodwill	6,745			11,606			18,351
Core deposit intangible	—			7,269			7,269
Other Intangibles	1,228			11,070			12,298
Other assets	24,858			(5,813		)	19,045
Total assets acquired	$	457,307		$	21,322		$	478,629
Liabilities
Deposits	$	348,314		$	(343	)	$	347,971
Securities sold under agreements to repurchase	21,180			—			21,180
FHLB advances	19,000			(29		)	18,971
Other borrowings	7,724			—			7,724
Junior subordinated debentures	—			—			—
Other liabilities	15,477			—			15,477
Total liabilities assumed	411,695			(372		)	411,323
Net assets acquired	$	45,612		$	21,694		$	67,306

Consideration Paid
Cash							$	19,046
Common Stock							48,260
Total consideration paid							$	67,306

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma condensed combined financial information presents the results of operations of the Company, including the effects of the purchase accounting adjustments and acquisition expenses, had the SCB acquisition taken place at the beginning of the period (dollars in thousands):



	Three months ended		Nine months ended
	September 30, 2018		September 30, 2018
Net interest income	$	33,435	$	90,803
Provision for loan losses	2,551		5,483
Non-interest income	11,285		36,754
Non-interest expense	30,460		81,108
Income before income taxes	11,709		40,966
Income tax expense	2,882		10,119
Net income	$	8,827	$	30,847

Earnings per share
Basic	$	0.53	$	2.01
Diluted	0.53		2.01

Basic weighted average shares outstanding	16,621,110		15,312,910
Diluted weighted average shares outstanding	16,636,789		15,329,730

First BancTrust [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the estimated fair values of assets acquired and liabilities assumed at the date of the First Bank acquisition (in thousands).



	Acquired Book Value			Fair Value Adjustments			As Recorded by First Bank
Assets
Cash & due from banks	$	20,598		$	—		$	20,598
Investment Securities	59,906			(320		)	59,586
Loans	371,156			(7,875		)	363,281
Allowance for loan losses	(4,412		)	4,412			—
Other real estate owned	547			(12		)	535
Premises and equipment	10,126			(689		)	9,437
Goodwill	543			25,948			26,491
Core deposit intangible	—			5,224			5,224
Other assets	16,389			(256		)	16,133
Total assets acquired	$	474,853		$	26,432		$	501,285
Liabilities and Stockholders' Equity
Deposits	$	384,323		$	1,301		$	385,624
FHLB advances	31,000			(328		)	30,672
Subordinated debentures	6,186			(1,451		)	4,735
Other liabilities	8,665			(36		)	8,629
Total liabilities assumed	430,174			(514		)	429,660
Net assets acquired	$	44,679		$	26,946		$	71,625

Consideration Paid
Cash							$	10,275
Common stock							61,350
Total consideration paid							$	71,625

Business Acquisition, Pro Forma Information [Table Text Block]



	Three months ended		Nine months ended
	9/30/2018		9/30/2018
Net interest income	$	30,087	$	86,813
Provision for loan losses	2,551		5,683
Non-interest income	7,919		24,879
Non-interest expense	24,490		68,144
Income before income taxes	10,965		37,865
Income tax expense	2,731		9,356
Net income	$	8,234	$	28,509

Earnings per share
Basic	$	0.54	$	1.94
Diluted	0.54		1.94

Basic weighted average shares outstanding	15,290,539		14,704,888
Diluted weighted average shares outstanding	15,306,218		14,721,708