ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2017

ACQUISITIONS

Summary of the amounts of assets acquired and liabilities assumed recognized at the acquisition date

Consideration
Cash	$	10,911
Equity Instruments		47,969
Fair Value of Total Consideration	$	58,880
Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed
Cash and cash equivalents	$	15,972
Securities		45,498
Federal Home Loan Bank stock		3,418
Loans		427,541
Premises and equipment		9,863
Core deposit intangibles		6,263
Bank owned life insurance		6,571
Other assets		8,441
Total assets acquired		523,567
Deposits		366,871
Federal Home Loan Bank advances		43,804
Subordinated debt		17,111
Other liabilities		71,406
Total liabilities assumed		499,192
Total identifiable net assets	$	24,375
Goodwill	$	34,505

Pro forma information

	2017		2016
Net interest income	$	148,794	$	135,414
Net income		54,460		47,292
Basic earnings per share		2.13		1.92
Diluted earnings per share		2.09		1.89

Schedule of consideration paid

Consideration
Cash	$	49,715
Equity Instruments		51,387
Fair Value of Total Consideration	$	101,102
Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed
Cash and cash equivalents	$	38,426
Securities		89,693
Federal Home Loan Bank stock		8,651
Loans		355,343
Premises and equipment		6,674
Core deposit intangibles		4,099
Bank owned life insurance		16,575
Other assets		15,972
Total assets acquired		535,433
Deposits		444,695
Federal Home Loan Bank advances		12,156
Other liabilities		2,842
Total liabilities assumed		459,693
Total identifiable net assets	$	75,740
Goodwill	$	25,362