Business Combination (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination

Summary of Assets Acquired and Liabilities Assumed Recognized

		As Recorded		Fair Value and Other		As Recorded
		by Mitchell Bank		Merger Related Adjustments		by the Company
Consideration Paid
Cash					$	4,978
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and due from banks	$	38,266	$	-	$	38,266
Securities		7,133		16		7,149
Other equity securities		51		177		228
Loans, net of allowance		14,512		(217)		14,295
Premises and equipment		529		499		1,028
Core deposit intangibles		-		369		369
Accrued interest receivable		83		-		83
Foreclosed assets		185		(60)		125
Deferred tax asset		228		(228)		-
Other assets		209		(88)		121
Total assets acquired	$	61,196	$	468	$	61,664
Deposits	$	56,641	$	-	$	56,641
Other liabilities		38		-		38
Total liabilities assumed	$	56,679	$	-	$	56,679
Total identifiable assets	$	4,517	$	468	$	4,985
Bargain purchase gain resulting from acquisition					$	(7)