XML 79 R55.htm IDEA: XBRL DOCUMENT v3.24.1
Business Combinations - Allocation of the Purchase Price (Details) - USD ($)
$ in Thousands
12 Months Ended
May 19, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets acquired:        
Goodwill   $ 127,031 $ 114,231 $ 113,835
Deposits:        
Fair value of common stock issued [1]   $ 18,095 $ 0 $ 0
Brunswick Acquisition        
Assets acquired:        
Cash and cash equivalents $ 21,029      
Federal funds sold 7,604      
Investment securities 2,423      
Loans 324,471      
Goodwill 12,800      
Finite-lived intangibles acquired 999      
Premises and equipment 4,568      
Cash surrender value of life insurance 3,361      
Deferred income taxes 6,393      
Accrued interest receivable 1,171      
Other assets 5,884      
Total assets acquired 390,703      
Deposits:        
Noninterest-bearing demand 60,888      
Interest-bearing demand 11,767      
Money Market 47,362      
Savings 14,203      
Time 147,163      
Long-term debt 60,136      
Accrued interest payable 1,911      
Other liabilities 1,613      
Total liabilities assumed 345,043      
Consideration paid 45,660      
Cash paid 27,565      
Fair value of common stock issued $ 18,095      
[1] This disclosure includes the impact of the Brunswick Acquisition on May 19, 2023. See "Note 2 - Business Combinations" to the Consolidated Financial Statements for more information.