v3.26.3
BUSINESS COMBINATIONS (Tables)
9 Months Ended
Sep. 30, 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$6 
Stock consideration149,648 
Total purchase consideration149,654 
Assets acquired
Cash12,724 
Short term investments493,646 
Investment securities available-for-sale138,332 
Other investments7,500 
Loans, net of ACL264,098 
Loans held for sale412,968 
Premises and equipment22,123 
Core deposit intangible32,992 
Other intangible assets295 
Other assets28,954 
Total assets acquired1,413,632 
Liabilities assumed
Deposits1,209,437 
Subordinated notes17,936 
FHLB advances10,048 
Other liabilities14,439 
Total liabilities assumed1,251,860 
Net identifiable assets161,772 
Gain on bargain purchase$(12,118)
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
Cash72,711 
Investment securities available-for-sale301,007 
Other investments25,491 
Loans, net of ACL1,571,298 
Premises and equipment6,026 
Core deposit intangible47,065 
Other intangible assets1,105 
Other assets103,524 
Total assets acquired2,128,227 
Liabilities assumed
Deposits1,790,442 
FHLB advances80,000 
Long-term borrowings1,920 
Other liabilities23,695 
Total liabilities assumed1,896,057 
Net identifiable assets232,170 
Goodwill$92,280