ACQUISITIONS - Acquisition of Cheviot Financial Corp. (Details) - USD ($)
$ / shares in Units, $ in Thousands |
|
12 Months Ended |
|
May 20, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Jun. 30, 2016 |
| ACQUISITIONS |
|
|
|
|
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| Acquisition related costs |
|
$ 7,130
|
$ 731
|
$ 3,119
|
|
| Goodwill |
|
101,315
|
75,953
|
73,450
|
|
| Consideration |
|
|
|
|
|
| Cash |
|
11,289
|
(57,083)
|
10,686
|
|
| Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed |
|
|
|
|
|
| Goodwill |
|
101,315
|
75,953
|
73,450
|
|
| Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net |
|
8,954
|
212
|
|
|
| Pro forma financial information |
|
|
|
|
|
| Net interest income |
|
124,727
|
120,960
|
|
|
| Net income |
|
$ 44,013
|
$ 39,073
|
|
|
| Basic earnings per share |
|
$ 1.83
|
$ 1.63
|
|
|
| Diluted earnings per share |
|
$ 1.81
|
$ 1.61
|
|
|
| Cheviot Financial Corp. |
|
|
|
|
|
| ACQUISITIONS |
|
|
|
|
|
| Acquisition of outstanding common shares (as a percent) |
100.00%
|
|
|
|
100.00%
|
| Ratio of shares to be received by acquiree shareholders |
0.6916
|
|
|
|
|
| Cash received in exchange for each share of common stock owned (in dollars per share) |
$ 15.00
|
|
|
|
|
| Total consideration in common stock (as a percent) |
50.00%
|
|
|
|
|
| Total consideration in cash (as a percent) |
50.00%
|
|
|
|
|
| Shares issued |
2,351,816
|
|
|
|
|
| Acquisition related costs |
|
$ 7,130
|
|
|
|
| Goodwill |
$ 25,362
|
|
|
|
|
| Amortization period of Core Deposit Intangible |
|
10 years
|
|
|
|
| Consideration |
|
|
|
|
|
| Cash |
49,715
|
|
|
|
|
| Equity Instruments |
51,387
|
|
|
|
|
| Fair Value of Total Consideration |
101,102
|
|
|
|
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| 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
|
|
|
|
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| Bank owned life insurance |
16,575
|
|
|
|
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| Other assets |
15,972
|
|
|
|
|
| Total assets acquired |
535,433
|
|
|
|
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| 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
|
|
|
|
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| Fair value of acquired receivables |
343,783
|
|
|
|
|
| Gross contractual amounts receivable |
$ 350,869
|
|
|
|
|
| Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net |
|
$ 16,175
|
|
|
|
| Cheviot Financial Corp. | Fair Value |
|
|
|
|
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| Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed |
|
|
|
|
|
| Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net |
|
11,560
|
|
|
|
| Parent Company |
|
|
|
|
|
| Consideration |
|
|
|
|
|
| Cash |
|
$ (45,188)
|
$ 0
|
$ (13,935)
|
|