XML 51 R40.htm IDEA: XBRL DOCUMENT v3.19.2
Merger (Narrative) (Details) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2018
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Apr. 29, 2018
Business Acquisition [Line Items]            
Fair value gain       $ 415,000    
Acquiree's common shares outstanding     5,103,628   5,092,048  
Goodwill     $ 9,047,000   $ 9,139,000  
Income/gain from unconsolidated subsidiary   $ 227,000   296,000    
Tax benefit from removal of deferred tax liability   406,000        
Liverpool Community Bank [Member]            
Business Acquisition [Line Items]            
Acquisition date Apr. 30, 2018          
Business acquisition, name of acquired entity     Liverpool Community Bank      
Total assets of acquiree $ 45,360,000          
Loans receivables of acquiree 32,091,000          
Equity of acquiree $ 9,246,000   $ 9,246,000      
Percentage of equity interest in acquiree, before acquisition           39.16%
Percentage of equity interest acquired 60.84%          
Number of acquiree's common shares owned           1,214
Equity owned before acquisition $ 4,622,000   4,622,000      
Juniata's basis in Liverpool 5,037,000   5,037,000      
Fair value gain $ 415,000   415,000      
Per share price of Liverpool shares $ 4,050.00          
Acquiree's common shares outstanding           3,100
Number of Juniata's share for each Liverpool share 202.6286          
Number of shares issued upon the closing of acquisition 315,284          
Fair value of shares issued for acquisition $ 6,463,000   6,463,000      
Closing stock price $ 20.50          
Approximate cash transaction of business acquisition $ 1,362,000   1,362,000      
Juniata's Step One adjusted basis in Liverpool 12,862,000   12,862,000      
Step Two purchase price consideration 7,825,000   7,825,000      
Goodwill 3,691,000   3,599,000      
Goodwill adjustment related to merger     $ (92,000)      
Core deposit intangible assets acquired 289,000          
Intangible assets amortization period     10 years      
Gross amortized cost basis $ 32,091,000          
Income/gain from unconsolidated subsidiary   227,000   296,000    
Merger related costs   376,000   440,000    
Merger related tax expense (benefit)   $ 31,000   $ 30,000    
Federal statutory tax rate       21.00%    
Minimum [Member] | Liverpool Community Bank [Member]            
Business Acquisition [Line Items]            
Percentage of outstanding common stock to be purchased for cash 15.00%          
Maximum [Member] | Liverpool Community Bank [Member]            
Business Acquisition [Line Items]            
Percentage of outstanding common stock to be purchased for cash 20.00%