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Consolidated Statements of Cash Flows
$ in Thousands
 12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Operating Activities      
Net income $ 33,117 $ 23,912 $ 20,549
Items not requiring (providing) cash      
Provision for loan losses 2,470 1,842 3,162
Depreciation and amortization 5,936 5,275 4,152
Share based compensation 325 324 288
Mortgage servicing rights net impairment 80 110 59
Premium amortization on securities, net 6,024 6,162 3,420
Gain on sale of investment securities (38) (1,836) (189)
Gain on sale of mortgage loans (7,906) (11,675) (10,055)
Proceeds from sales of loans 231,410 328,377 310,700
Loans originated for sale (218,511) (316,875) (302,419)
Change in cash value of life insurance (1,797) (1,618) (1,224)
Loss (gain) on sale of other real estate owned (4) 261 (289)
Net change in      
Interest receivable (2,591) (544) (1,010)
Interest payable 152 (275) (11)
Other assets 6,173 489 8,569
Other liabilities (5,776) (8,381) (472)
Net cash provided by operating activities 49,064 25,548 35,230
Investing Activities      
Purchases of securities available for sale (149,376) (225,555) (244,195)
Proceeds from sales, maturities, calls, and principal repayments of securities available for sale 85,587 269,587 121,724
Purchases of securities held to maturity (31,794) (45,832) (32,605)
Proceeds from maturities of securities held to maturity 13,376 30,843 7,155
Change in Federal Reserve and FHLB stock 8,922 (5,448) 268
Net change in loans (251,821) 32,099 (156,340)
Proceeds on the sale of OREO and repossessed assets 4,238 2,572 3,014
Change in premises and equipment, net (2,689) (1,383) (5,622)
Net cash provided by (used in) investing activities (279,874) 226,390 (124,188)
Net change in      
Deposits (13,360) 46,590 46,747
Borrowings 259,895 (255,994) 49,421
Redemption of preferred stock   (12,500)  
Proceeds from issuance of stock 1,604 572 4,305
Dividends paid on common shares (11,720) (8,382) (6,216)
Dividends paid on preferred shares   (42) (125)
Net cash provided by (used in) financing activities 236,419 (229,756) 94,132
Net Change in Cash and Cash Equivalents 5,609 22,182 5,174
Cash and Cash Equivalents, Beginning of Period 70,832 48,650 43,476
Cash and Cash Equivalents, End of Period 76,441 70,832 48,650
Additional Supplemental Information      
Interest paid 15,969 20,572 13,844
Income taxes paid 10,195 6,916 4,123
Transfer of loans to other real estate owned 2,411 3,679 5,567
Peoples Bancorp Inc [Member]      
Investing Activities      
Net cash received in acquisition     182,413
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired     485,077
Less: common stock issued     55,506
Cash paid for the capital stock     22,641
Liabilities assumed     $ 406,930
Kosciusko Financial Inc [Member]      
Investing Activities      
Net cash received in acquisition   30,437  
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired   155,873  
Less: common stock issued   14,470  
Cash paid for the capital stock   8,513  
Liabilities assumed   132,890  
LaPorte Bancorp Inc [Member]      
Net change in      
Acquisition of LaPorte, measurement period adjustments 704    
Investing Activities      
Net cash received in acquisition   116,521  
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired   546,770  
Less: common stock issued   60,306  
Cash paid for the capital stock   38,328  
Liabilities assumed   448,136  
Central National Bank & Trust [Member]      
Investing Activities      
Net cash received in acquisition   22,549  
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired   56,219  
Cash paid for the capital stock   5,311  
Liabilities assumed   $ 50,908  
Single Branch of First Farmers Bank & Trust Co [Member]      
Investing Activities      
Net cash received in acquisition 11,000    
Lafayette Community Bancorp [Member]      
Investing Activities      
Net cash received in acquisition 20,425    
Gain on remeasurement of equity interest in Lafayette (530)    
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired 186,844    
Less: common stock issued 30,044    
Cash paid for the capital stock 4,421    
Liabilities assumed 152,379    
Wolverine Bancorp Inc [Member]      
Investing Activities      
Net cash received in acquisition 12,788    
The Company purchased all of the capital stock of Wolverine for $93,773 on October 17, 2017, Lafayette for $34,465 on September 1, 2017, CNB Bancorp for $5,311 on November 7, 2016, LaPorte Bancorp for $98,634 on July 18, 2016, Kosciusko for $22,983 on June 1, 2016, Peoples for $78,147 on July 1, 2015. In conjunction with the acquisition, liabilities were assumed as follows:      
Fair value of assets acquired 394,090    
Less: common stock issued 62,111    
Cash paid for the capital stock 31,662    
Liabilities assumed $ 300,317