XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Business Combinations (Tables)
 9 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of Business Acquisitions The following table summarizes the fair value of consideration paid, the estimated fair values of assets acquired and liabilities assumed as of the acquisition date, and the resulting goodwill relating to the transaction:
At October 1, 2018
Book ValueFair Value AdjustmentEstimated Fair Value
(Dollars in thousands)
Total acquisition consideration$35,170  
Recognized amounts of identifiable assets acquired and liabilities assumed
     Identifiable assets acquired:
          Cash and cash equivalents$21,187  $—  21,187  
          CDs held for investment2,973  —  2,973  
          FHLB stock205  —  205  
          Investment securities held to maturity19,891  (189) 19,702  
          Investment securities available for sale5,022  —  5,022  
          Loans receivable123,627  (2,083) 121,544  
          Premises and equipment3,225  112  3,337  
          OREO25  —  25  
          Accrued interest receivable554  —  554  
          BOLI2,629  —  2,629  
          CDI—  2,483  2,483  
          Servicing rights285  (4) 281  
          Other assets1,087  (511) 576  
               Total assets180,710  (192) 180,518  
     Liabilities assumed:
          Deposits151,378  160  151,538  
          Other liabilities and accrued expenses3,291  —  3,291  
               Total liabilities assumed154,669  160  154,829  
               Total identifiable net assets acquired$26,041  $(352) 25,689  
               Goodwill recognized$9,481