Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Premium

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- Definition

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Time Deposits

+ References

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- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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- Definition

Amount of investments in debt and equity securities, including, but not limited to, held-to-maturity, trading and available-for-sale expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date.

+ References

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- Definition

The amount of identifiable intangible assets recognized as of the acquisition date.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

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- Definition

The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.

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Related Party Transactions - The Cayman Bank Acquisition (Details) - USD ($) $ in Thousands	Nov. 20, 2019	Dec. 31, 2021	Dec. 31, 2020
Business Combination, Separately Recognized Transactions [Line Items]
Goodwill		$ 19,506	$ 19,506
Cayman Bank
Business Combination, Separately Recognized Transactions [Line Items]
Cash paid	$ 15,000
Premium	885
Cash and due from banks	600
Available for sale securities	27,900
Time deposits	14,400
Goodwill	300
Identifiable intangible assets	$ 500
Cayman Bank \| Customer Relationships
Business Combination, Separately Recognized Transactions [Line Items]
Identifiable intangible assets, useful life	14 years