ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2022

ACQUISITIONS

Schedule of consideration paid and the amounts of the assets acquired and liabilities assumed

			Measurement
	As Initially		Period
(Dollar amounts in thousands)	Reported		Adjustments		As Adjusted
Consideration
Cash consideration	$	31,358	$	—	$	31,358
Fair value of total consideration transferred	$	31,358	$	—	$	31,358
Assets acquired
Cash	$	3,046	$	5,220	$	8,266
Investment securities available-for-sale		57,054		(5,220)		51,834
Federal funds sold		10,470		—		10,470
Bank owned life insurance		9,753		—		9,753
Federal Home Loan Bank stock		1,362		—		1,362
Loans		227,827		—		227,827
Premises and equipment		8,180		—		8,180
Core deposit intangibles		652		—		652
Other assets		4,567		(850)		3,717
Total assets acquired		322,911		(850)		322,061
Liabilities assumed
Deposits		286,098		—		286,098
FHLB advances		11,042		—		11,042
Other liabilities		1,956		—		1,956
Total liabilities assumed		299,096		—		299,096
Net identifiable assets		23,815		(850)		22,965
Goodwill	$	7,543	$	850	$	8,393

Schedule of pro forma financial information

	Year ended December 31,
(Dollar amounts in thousands, except per share data)	2021		2020
Net interest income	$	150,806	$	156,051
Net income	$	53,714	$	55,958
Basic and diluted earnings per share	$	4.07	$	4.08