XML 84 R63.htm IDEA: XBRL DOCUMENT v3.20.1
Acquisitions - Summary of Consideration Paid and Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Apr. 01, 2019
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Dec. 31, 2017
Consideration Paid:          
Issuance of common stock (in shares) 2,361,686        
Liabilities assumed:          
Goodwill resulting from merger with HomeTown   $ 84,002   $ 43,872 $ 43,872
HomeTown Bankshares Corporation Merger          
Consideration Paid:          
Cash paid in lieu of fractional shares $ 27        
Value of consideration 83,250        
Assets acquired:          
Cash and cash equivalents 26,283        
Investment securities 34,876        
Restricted stock 2,588        
Loans 444,324        
Premises and equipment 12,554        
Deferred income taxes 2,960        
Core deposit intangible 8,200        
Other real estate owned 1,442        
Banked owned life insurance 8,246        
Other assets 14,244        
Total assets 555,717        
Liabilities assumed:          
Deposits 483,626        
Short-term FHLB advances 14,883        
Long-term FHLB advances 778        
Subordinated debt 7,530        
Other liabilities 5,780        
Total liabilities 512,597        
Net assets acquired 43,120        
Goodwill resulting from merger with HomeTown 40,130 $ 40,130 $ 40,761    
Common Stock | HomeTown Bankshares Corporation Merger          
Consideration Paid:          
Issuance of common shares, replacement options, and restricted stock 82,470        
Issuance of replacement stock options/restricted stock | HomeTown Bankshares Corporation Merger          
Consideration Paid:          
Issuance of common shares, replacement options, and restricted stock $ 753