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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net Income $ 25,467 $ 18,309
Items not requiring (providing) cash    
Provision for loan losses 1,370 1,219
Depreciation and amortization 4,303 3,790
Share based compensation 238 247
Mortgage servicing rights net impairment 75 840
Premium amortization on securities available for sale, net 4,476 4,389
Gain on sale of investment securities (38) (875)
Gain on sale of mortgage loans (5,918) (9,171)
Proceeds from sales of loans 174,271 246,435
Loans originated for sale (163,882) (236,719)
Change in cash value of life insurance (1,346) (1,145)
Gain on sale of other real estate owned 12 118
Net change in    
Interest receivable (1,811) (687)
Interest payable 180 275
Other assets 2,215 (16,641)
Other liabilities (2,335) 1,015
Net cash provided by operating activities 37,277 11,399
Investing Activities    
Purchases of securities available for sale (127,752) (152,283)
Proceeds from sales, maturities, calls, and principal repayments of securities available for sale 67,416 88,330
Purchases of securities held to maturity (20,152) (35,598)
Proceeds from maturities of securities held to maturity 4,883 14,654
Change in Federal Reserve and FHLB stock 8,987 (2,443)
Net change in loans (154,038) (26,920)
Proceeds on the sale of OREO and repossessed assets 2,125 1,524
Change in premises and equipment, net (2,667) (1,719)
Net cash provided by (used in) investing activities (189,773) 32,503
Net change in    
Deposits (28,860) (37,495)
Borrowings 190,814 46,846
Redemption of preferred stock   (12,500)
Proceeds from issuance of stock 616 286
Dividends paid on common shares (8,244) (5,926)
Dividends paid on preferred shares   (42)
Net cash provided by financing activities 154,326 (8,831)
Net Change in Cash and Cash Equivalents 1,830 35,071
Cash and Cash Equivalents, Beginning of Period 70,832 48,650
Cash and Cash Equivalents, End of Period 72,662 83,721
Additional Supplemental Information    
Interest paid 10,836 11,579
Income taxes paid 10,350 7,310
Transfer of loans to other real estate owned 1,717 3,035
Kosciusko Financial Inc [Member]    
Investing Activities    
Acquisition of businesses, net of cash received   30,437
The Company purchased all of the capital stock of Lafayette for $34,529 on September 1, 2017, LaPorte Bancorp for $98,634 on July 18, 2016 and Kosciusko for $22,983 on June 1, 2016. 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]    
Investing Activities    
Acquisition of businesses, net of cash received   116,521
The Company purchased all of the capital stock of Lafayette for $34,529 on September 1, 2017, LaPorte Bancorp for $98,634 on July 18, 2016 and Kosciusko for $22,983 on June 1, 2016. In conjunction with the acquisition, liabilities were assumed as follows:    
Acquisition of LaPorte, measurement period adjustments 703  
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
Single Branch of First Farmers Bank & Trust Co [Member]    
Investing Activities    
Acquisition of businesses, net of cash received 11,000  
Lafayette Community Bancorp [Member]    
Investing Activities    
Acquisition of businesses, net of cash received 20,425  
The Company purchased all of the capital stock of Lafayette for $34,529 on September 1, 2017, LaPorte Bancorp for $98,634 on July 18, 2016 and Kosciusko for $22,983 on June 1, 2016. In conjunction with the acquisition, liabilities were assumed as follows:    
Fair value of assets acquired 186,659  
Less: common stock issued 30,108  
Cash paid for the capital stock 4,421  
Liabilities assumed $ 152,130