v3.26.1
BUSINESS COMBINATIONS (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value.
(Dollars in thousands)BankFinancial
Purchase consideration
Cash consideration$
Stock consideration149,648 
Total purchase consideration149,654 
Assets acquired
Cash12,724 
Short term investments493,646 
Investment securities available-for-sale138,332 
Other investments7,500 
Loans, net of ACL264,121 
Loans held for sale408,347 
Premises and equipment22,210 
Core deposit intangible32,992 
Other intangible assets295 
Other assets28,559 
Total assets acquired1,408,726 
Liabilities assumed
Deposits1,209,437 
Subordinated notes17,936 
FHLB advances10,048 
Other liabilities12,759 
Total liabilities assumed1,250,180 
Net identifiable assets158,546 
Gain on bargain purchase$(8,892)
The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value.

(Dollars in thousands)Westfield
Purchase consideration
Cash consideration$260,000 
Stock consideration64,450 
Total purchase consideration324,450 
Assets acquired
Cash72,814 
Investment securities available-for-sale301,007 
Other investments25,491 
Loans, net of ACL1,571,531 
Premises and equipment6,026 
Core deposit intangible47,065 
Other intangible assets1,105 
Other assets103,513 
Total assets acquired2,128,552 
Liabilities assumed
Deposits1,790,442 
FHLB advances80,000 
Long-term borrowings1,920 
Other liabilities23,627 
Total liabilities assumed1,895,989 
Net identifiable assets232,563 
Goodwill$91,887