XML 97 R75.htm IDEA: XBRL DOCUMENT v3.25.0.1
MERGERS AND ACQUISITIONS - Schedule of Estimated Acquisition-date Fair Values of the Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Apr. 01, 2024
Dec. 31, 2024
Dec. 31, 2023
Consideration paid      
Goodwill   $ 333,695 $ 317,873
Merchants and Manufacturers Bank Corporation      
Assets acquired      
Cash and cash equivalents $ 33,577    
Securities 8,086    
Portfolio loans, net of ACL 417,230    
Premises and equipment 2,045    
Right of use assets 253    
Other intangible assets 6,346    
Other assets 10,283    
Total assets acquired 477,820    
Liabilities assumed      
Deposits 392,838    
Short-term borrowings 35,932    
Long-term debt 1,450    
Subordinated notes, net of unamortized issuance costs 3,911    
Junior subordinated debt owed to unconsolidated trusts 2,594    
Lease liabilities 253    
Other liabilities 7,089    
Total liabilities assumed 444,067    
Net assets acquired 33,753    
Consideration paid      
Cash 15,200    
Common stock 34,375    
Total consideration paid 49,575    
Goodwill $ 15,822