ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2019

Dec. 31, 2018

Business Acquisition [Line Items]

Purchased Credit Impaired Loans Associated with Acquisition [Table Text Block]

The following is a summary of these PCI loans associated with the acquisition as of the date acquired:

	As of April 1, 2019
	(Dollars in thousands)
Contractually required principal and interest at acquisition	$	14,849
Contractual cash flows not expected to be collected	(5,717		)
Expected cash flows at acquisition	9,132
Interest component of expected cash flows	(1,464		)
Basis in PCI loans at acquisition - estimated fair value	$	7,668

Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed as of the date of the acquisition:

	Net Assets Acquired at Fair Value
	(Dollars in thousands)
Assets
Cash	$	56,331
Investments	196,937
Loans	2,073,714
Premises and equipment	24,253
Goodwill	250,101
Core deposit and other intangibles	19,870
Other assets	146,192
Total assets acquired	2,767,398
Liabilities
Deposits	1,930,436
Borrowings	124,817
Other liabilities	50,857
Total liabilities assumed	2,106,110
Purchase price	$	661,288

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed as of the date of the acquisition:

	Net Assets Acquired at Fair Value
	(Dollars in thousands)
Assets
Cash	$	6,743
Investments	25,358
Loans	293,498
Premises and equipment	1,904
Goodwill	24,299
Core deposit and other intangibles	8,588
Other assets	8,639
Total assets acquired	369,029
Liabilities
Deposits	278,204
Borrowings	33,093
Other liabilities	1,609
Total liabilities assumed	312,906
Purchase price	$	56,123

Business Acquisition, Pro Forma Information [Table Text Block]

The selected pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the financial results of the combined companies had the acquisition actually been completed at the beginning of the period presented, nor does it indicate future results for any other interim or full-year period.

	Year Ended
	December 31
	2019		2018
	(Dollars in thousands)
Net interest income after provision for loan losses	$	408,918	$	371,264
Net income	$	129,385	$	146,178

The selected pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the financial results of the combined companies had the acquisition actually been completed at the beginning of the periods presented, nor does it indicate future results for any other interim or full-year period.

	Years Ended
	December 31
	2018		2017
Net interest income after provision for loan losses	$	304,049	$	267,104
Net income	122,310		88,518