XML 55 R38.htm IDEA: XBRL DOCUMENT v3.25.4
Business Combinations and Asset Acquisitions (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of PCD Loans Purchased in Business Acquisition
The following table provides details related to the fair value of acquired PCD loans as of April 30, 2025.

Unpaid Principal BalancePCD Allowance for Credit Loss at Acquisition(Discount) Premium on Acquired LoansFair Value of PCD Loans at Acquisition
(dollars in thousands)
Commercial, financial, agricultural and other$13,302 $(1,616)$(487)$11,199 
Time and demand13,302 (1,616)(487)11,199 
Real estate construction2,442 (810)(54)1,578 
Construction other557 (182)(17)358 
Construction residential1,885 (628)(37)1,220 
Residential real estate3,845 (45)(138)3,662 
Residential first lien3,372 (38)(137)3,197 
Residential junior lien/home equity473 (7)(1)465 
Commercial real estate9,604 (1,087)(330)8,187 
Multifamily1,210 (120)(78)1,012 
Non-owner occupied5,330 (943)(184)4,203 
Owner occupied3,064 (24)(68)2,972 
Loans to individuals30 (2) 28 
Automobile and recreational vehicles14 (1)— 13 
Consumer other16 (1)— 15 
Total loans and leases$29,223 $(3,560)$(1,009)$24,654 
Schedule of nonPCD Loans Purchased in Business Acquisition
The following table provides details related to the fair value and Day 1 provision related to the acquired non-PCD loans as of April 30, 2025.
Unpaid Principal Balance(Discount) premium on acquired loansFair Value of Non-PCD Loans at AcquisitionDay 1 Provision for Credit Losses - Non-PCD Loans
(dollars in thousands)
Commercial, financial, agricultural and other$50,555 $(2,137)$48,418 $630 
Time and demand50,535 (2,137)48,398 630 
Time and demand other20 — 20 — 
Real estate construction32,074 (941)31,133 691 
Construction other18,829 (472)18,357 445 
Construction residential13,245 (469)12,776 246 
Residential real estate82,609 (3,396)79,213 665 
Residential first lien67,906 (3,145)64,761 556 
Residential junior lien/home equity14,703 (251)14,452 109 
Commercial real estate108,843 (3,550)105,293 1,389 
Multifamily17,405 (481)16,924 180 
Non-owner occupied43,927 (1,763)42,164 512 
Owner occupied47,511 (1,306)46,205 697 
Loans to individuals357 (10)347 4 
Automobile and recreational vehicles337 (9)328 
Consumer other20 (1)19 — 
Total loans and leases$274,438 $(10,034)$264,404 $3,379 
Business Combination
The table below summarizes the net assets acquired (at fair value) and consideration transferred in connection with the Center acquisition (dollars in thousands):
Consideration paid
Cash paid to shareholders - fractional shares$
Shares issued to shareholders (3,016,009 shares)
46,205 
Total consideration paid$46,206 
Fair value of assets acquired
Cash and due from banks4,672 
Investment securities21,396 
FHLB stock3,144 
Loans, including loans held for sale291,852 
Premises and equipment4,276 
Core deposit intangible5,355 
Bank owned life insurance430 
Other assets5,039 
Total assets acquired336,164 
Fair value of liabilities assumed
Deposits277,980 
Borrowings22,785 
Other liabilities3,692 
Total liabilities assumed304,457 
Total fair value of identifiable net assets31,707 
Goodwill$14,499