BUSINESS COMBINATIONS (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value of the Assets Acquired and Liabilities Assumed

Fair values of the assets acquired and liabilities assumed in this transaction as of the closing date are as follows:

Cash paid	$	76,100

Assets acquired:
Cash and cash equivalents	$	77,903
Interest-bearing time deposits in banks		52,700
Federal funds purchased		26,468
Securities available for sale		68,398
Loans held for investment		195,228
Bank-owned life insurance		10,932
Premises and equipment, net		4,132
Accrued interest receivable		1,114
Core deposit intangible		6,679
Other assets		2,648
Total assets acquired	$	446,202

Liabilities assumed
Deposits	$	386,176
Accrued interest payable		55
Deferred tax liability		762
Other liabilities		2,424
Total liabilities assumed	$	389,417
Net assets acquired	$	56,785
Goodwill recorded in acquisition	$	19,315

Windmark Insurance Agency, Inc. [Member] | Crop Insurance Agency in Nebraska [Member]

Business Combinations [Abstract]

Fair Value of the Assets Acquired and Liabilities Assumed

In June 2020, Windmark acquired the operating assets of a crop insurance agency in Nebraska for $687,000. Fair value of the assets acquired in this transaction as of the closing date are as follows:

Cash paid	$	687

Assets acquired:
Premises and equipment, net	$	24
Customer list		512
Other intangible assets		151
Total assets acquired	$	687