Business Combinations (Tables)

3 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The table below summarizes the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed:

(in thousands)	May 1, 2019
Merger consideration
Share consideration	$	116,032
Cash consideration	34,766
Total merger consideration			$	150,798
Identifiable net assets acquired, at fair value
Assets acquired
Cash and cash equivalents	$	82,081
Debt securities available for sale	99,056
Loans	1,138,928
Premises and equipment	18,327
Other intangible assets	28,349
Foreclosed assets	3,091
Other assets	42,944
Total assets acquired			1,412,776
Liabilities assumed
Deposits	$	1,089,355
Short-term borrowings	100,761
Long-term debt	71,234
Other liabilities	29,951
Total liabilities assumed			1,291,301
Fair value of net assets acquired			121,475
Goodwill			$	29,323

Schedule of Acquisition-Related Expenses

The following table summarizes ATBancorp acquisition-related expenses for the periods indicated:

	Three Months Ended
	March 31,
(in thousands)	2020		2019
Noninterest Expense
Compensation and employee benefits	$	—	$	10
Legal and professional	—		126
Data processing	44		5
Other	10		26
Total ATBancorp acquisition-related expenses	$	54	$	167