XML 40 R33.htm IDEA: XBRL DOCUMENT v3.24.3
Business Combination and Asset Purchase - Additional Information (Detail)
9 Months Ended
Oct. 01, 2022
USD ($)
Office
$ / shares
shares
Oct. 01, 2021
USD ($)
Office
$ / shares
shares
Apr. 30, 2021
USD ($)
Office
$ / shares
shares
Nov. 16, 2020
USD ($)
shares
Jan. 01, 2019
USD ($)
shares
$ / shares
Sep. 30, 2024
USD ($)
shares
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
shares
Nov. 30, 2020
USD ($)
Client
Business Acquisition [Line Items]                  
Common stock, shares outstanding | shares           13,702,593   13,664,641  
Goodwill           $ 86,358,000   $ 86,358,000  
Amortization expense           1,242,000 $ 1,242,000    
Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Amortization expense           1,200,000 1,200,000    
Amortization expense for 2023           1,656,000      
Customer Lists [Member]                  
Business Acquisition [Line Items]                  
Amortization expense           92,000 $ 92,000    
Amortization expense for 2023           123,000      
Peoples Federal Savings and Loan [Member]                  
Business Acquisition [Line Items]                  
Number of full-service offices | Office 3                
Common stock issued in exchange of each outstanding share 0.6597                
Cash payment for exchange of each share | $ / shares $ 24                
Minimum number of shares to be exchanged under merger agreement | shares 758,566                
Common stock, shares outstanding | shares 1,167,025                
Share price | $ / shares $ 26.87                
Total consideration for acquisition $ 23,249,000                
Cash paid for the capital stock 9,806,000                
Stock issued for acquisition 13,446,000                
Goodwill 5,924,000                
Fair value of assets acquired 101,800,000                
Gross principal and contractual interest 116,100,000                
Acquisition expected to be uncollectible $ 0                
Loan receivable weighted average life 44 months 12 days                
Business combination, premises and equipment written up value $ 581,000                
Business combination, premises and equipment written down value $ 597,000                
Business combination, average remaining life 12 years 9 months 18 days                
Fair value for certificate of deposit, valuation amount $ 662,000                
Fair value for certificate of deposit, amortization period 1 year 1 month 6 days                
Fair value of Federal Home Loan Bank (FHLB) advances, valuation amount $ 69,000                
Fair value of Federal Home Loan Bank (FHLB) advances, amortization period 5 years 2 months 12 days                
Peoples Federal Savings and Loan [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase $ 6,000,000                
Remaining economic useful life 7 years                
Recognition of core deposit tangible asset with acquired purchase           6,000,000      
Amortization expense for 2023           861,000      
Perpetual Federal Savings Bank [Member]                  
Business Acquisition [Line Items]                  
Number of full-service offices | Office   1              
Common stock issued in exchange of each outstanding share   1.7766              
Cash payment for exchange of each share | $ / shares   $ 41.20              
Business acquisition share owned subject to adjustment | shares   1,833,999              
Common stock, shares outstanding | shares   2,470,032              
Share price | $ / shares   $ 22.4              
Total consideration for acquisition   $ 100,300,000              
Cash paid for the capital stock   59,200,000              
Stock issued for acquisition   41,100,000              
Goodwill   25,200,000              
Perpetual Federal Savings Bank [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase   $ 668,000              
Remaining economic useful life   7 years              
Amortization expense for 2023           95,000      
Ossian State Bank [Member]                  
Business Acquisition [Line Items]                  
Number of full-service offices | Office     2            
Ossian State Bank [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit tangible asset with acquired purchase           980,200      
Ossian Financial Services, Inc. [Member]                  
Business Acquisition [Line Items]                  
Cash payment for exchange of each share | $ / shares     $ 67.71            
Common stock, shares outstanding | shares     295,388            
Total consideration for acquisition     $ 20,000,000.0            
Goodwill     $ 7,900,000            
Goodwill deductible for tax purpose, period     15 years            
Ossian Financial Services, Inc. [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase     $ 980,200            
Remaining economic useful life     7 years            
Amortization expense for 2023           140,000      
Bank of Geneva [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase           $ 3,900,000      
Remaining economic useful life           7 years      
Limberlost Bancshares, Inc. [Member]                  
Business Acquisition [Line Items]                  
Common stock issued in exchange of each outstanding share | shares         1,830        
Cash payment for exchange of each share | $ / shares         $ 8,465        
Common stock, shares outstanding | shares         1,000        
Share price | $ / shares         $ 38.49        
Total consideration for acquisition         $ 78,900,000        
Cash paid for the capital stock         8,500,000        
Stock issued for acquisition         70,400,000        
Goodwill         43,300,000        
Limberlost Bancshares, Inc. [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase         $ 3,900,000        
Remaining economic useful life         7 years        
Perpetual Federal Savings Bank [Member] | Core Deposits [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit tangible asset with acquired purchase           $ 668,000      
Adams County Financial Resources [Member]                  
Business Acquisition [Line Items]                  
Total consideration for acquisition       $ 825,000          
Common stock issued in exchange of each outstanding share | shares       40,049          
Assets under management amount                 $ 83,000,000
Number of clients assets under management | Client                 450
Adams County Financial Resources [Member] | Customer Lists [Member]                  
Business Acquisition [Line Items]                  
Recognition of core deposit intangible asset with acquired purchase       $ 800,000          
Remaining economic useful life       6 years 6 months          
Amortization expense for 2023           $ 123,000