XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 42,644,000us-gaap_CashAndDueFromBanks $ 43,754,000us-gaap_CashAndDueFromBanks
Interest-bearing deposits 95,781,000us-gaap_InterestBearingDepositsInBanks 117,777,000us-gaap_InterestBearingDepositsInBanks
Federal funds sold 10,365,000us-gaap_FederalFundsSold 11,207,000us-gaap_FederalFundsSold
Total cash and cash equivalents 148,790,000us-gaap_CashCashEquivalentsAndFederalFundsSold 172,738,000us-gaap_CashCashEquivalentsAndFederalFundsSold
Securities available for sale 413,693,000us-gaap_AvailableForSaleSecurities [1] 432,912,000us-gaap_AvailableForSaleSecurities [1]
Federal Home Loan Bank stock 13,699,000us-gaap_FederalHomeLoanBankStock [2] 13,699,000us-gaap_FederalHomeLoanBankStock [2]
Loans 2,120,760,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome 2,089,277,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Allowance for loan losses (21,050,000)us-gaap_LoansAndLeasesReceivableAllowance (20,041,000)us-gaap_LoansAndLeasesReceivableAllowance
Loans, net 2,099,710,000us-gaap_LoansAndLeasesReceivableNetReportedAmount 2,069,236,000us-gaap_LoansAndLeasesReceivableNetReportedAmount
Premises and equipment, net 48,367,000us-gaap_PropertyPlantAndEquipmentNet 48,812,000us-gaap_PropertyPlantAndEquipmentNet
Bank owned life insurance 58,148,000us-gaap_BankOwnedLifeInsurance 57,861,000us-gaap_BankOwnedLifeInsurance
Goodwill 49,473,000us-gaap_Goodwill 49,473,000us-gaap_Goodwill
Core deposit intangible 14,829,000us-gaap_FiniteLivedIntangibleAssetsNet 15,624,000us-gaap_FiniteLivedIntangibleAssetsNet
Other assets 30,475,000us-gaap_OtherAssets 33,024,000us-gaap_OtherAssets
Total assets 2,877,184,000us-gaap_Assets 2,893,379,000us-gaap_Assets
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 568,843,000us-gaap_NoninterestBearingDomesticDepositDemand 558,738,000us-gaap_NoninterestBearingDomesticDepositDemand
Interest-bearing 1,710,681,000us-gaap_InterestBearingDepositLiabilitiesDomestic 1,718,177,000us-gaap_InterestBearingDepositLiabilitiesDomestic
Total deposits 2,279,524,000us-gaap_Deposits 2,276,915,000us-gaap_Deposits
Securities sold under agreements to repurchase 148,219,000us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 167,569,000us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Federal Home Loan Bank advances 48,011,000us-gaap_FederalHomeLoanBankAdvancesLongTerm 54,022,000us-gaap_FederalHomeLoanBankAdvancesLongTerm
Subordinated debentures 54,642,000us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust 54,472,000us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
Accrued interest and other liabilities 14,000,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 12,263,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Total liabilities 2,544,396,000us-gaap_Liabilities 2,565,241,000us-gaap_Liabilities
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; none issued 0us-gaap_PreferredStockValueOutstanding 0us-gaap_PreferredStockValueOutstanding
Common stock, no par value; 40,000,000 shares authorized; 16,899,382 shares outstanding at March 31, 2015 and 16,976,839 shares outstanding at December 31, 2014 316,537,000us-gaap_CommonStockValueOutstanding 317,904,000us-gaap_CommonStockValueOutstanding
Retained earnings 14,487,000us-gaap_RetainedEarningsAccumulatedDeficit 10,218,000us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 1,764,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 16,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 332,788,000us-gaap_StockholdersEquity 328,138,000us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 2,877,184,000us-gaap_LiabilitiesAndStockholdersEquity $ 2,893,379,000us-gaap_LiabilitiesAndStockholdersEquity
[1] See Note 12 for a description of the fair value hierarchy as well as a disclosure of levels for classes of financial assets and liabilities.
[2] It is not practical to determine the fair value of FHLBI stock due to transferability restrictions.