XML 52 R42.htm IDEA: XBRL DOCUMENT v3.22.2
ACQUISITIONS - Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Liabilities assumed          
Goodwill recognized $ 30,400 $ 30,400 $ 30,588 $ 24,191 $ 24,191
Total loans held for investment 2,150,148 2,150,148 1,954,168    
Acquisition cost 347 874      
Cash, Securities and Other          
Liabilities assumed          
Total loans held for investment 180,738 180,738 261,190    
Construction and Development          
Liabilities assumed          
Total loans held for investment 162,426 162,426 178,716    
1-4 Family Residential          
Liabilities assumed          
Total loans held for investment 732,725 732,725 580,872    
Non-Owner Occupied CRE          
Liabilities assumed          
Total loans held for investment 489,111 489,111 482,622    
Owner Occupied CRE          
Liabilities assumed          
Total loans held for investment 224,597 224,597 212,426    
Commercial. and Industrial.          
Liabilities assumed          
Total loans held for investment 312,696 312,696 203,584    
PPP Loans          
Liabilities assumed          
Total loans held for investment 10,700 10,700 46,800    
Simmons Bank          
Liabilities assumed          
Total loans held for investment $ 287,600 $ 287,600 356,700    
Teton Financial Services          
Business Acquisition [Line Items]          
Cash consideration     11,501    
Common stock issued     39,818    
Total fair value of consideration transferred     51,319    
Assets acquired          
Cash and cash equivalents     132,498    
Available-for-sale securities, at fair value     18,058    
Correspondant bank stock, at cost     928    
Mortgage loans held for sale     840    
Loans     251,418    
Premises and equipment     17,758    
Accrued interest receivable     923    
Accounts receivable     95    
Other receivable     520    
Core deposit intangible     1,962    
Other assets     468    
Assets held for sale     120    
Total assets acquired     425,588    
Liabilities assumed          
Deposits     379,198    
Accrued interest payable     26    
Other liabilities     1,283    
Deferred tax liabilities/(assets), net     (29)    
Total liabilities assumed     380,478    
Net assets acquired     45,110    
Goodwill recognized     6,209    
Teton Financial Services | Provisional Estimates          
Business Acquisition [Line Items]          
Cash consideration     11,501    
Common stock issued     39,818    
Total fair value of consideration transferred     51,319    
Assets acquired          
Cash and cash equivalents     132,498    
Available-for-sale securities, at fair value     18,058    
Correspondant bank stock, at cost     928    
Mortgage loans held for sale     840    
Loans     252,275    
Premises and equipment     17,758    
Accrued interest receivable     923    
Accounts receivable     95    
Other receivable     520    
Core deposit intangible     1,264    
Other assets     226    
Assets held for sale     115    
Total assets acquired     425,500    
Liabilities assumed          
Deposits     379,227    
Accrued interest payable     26    
Other liabilities     1,283    
Deferred tax liabilities/(assets), net     42    
Total liabilities assumed     380,578    
Net assets acquired     44,922    
Goodwill recognized     6,397    
Teton Financial Services | Measurement Period Adjustments          
Assets acquired          
Loans     (857)    
Core deposit intangible     698    
Other assets     242    
Assets held for sale     5    
Total assets acquired     88    
Liabilities assumed          
Deposits     (29)    
Deferred tax liabilities/(assets), net     (71)    
Total liabilities assumed     (100)    
Net assets acquired     188    
Goodwill recognized     $ (188)    
Core deposit          
Liabilities assumed          
Estimated life   10 years