Business Combinations (Tables)

12 Months Ended

Jun. 30, 2025

Business Combinations

Schedule of purchase price of Citizens Bank

Citizens Bancshares Company
Fair Value of Consideration Transferred
(dollars in thousands)
Cash	$	34,889
Common stock, at fair value		98,280
Total consideration	$	133,169
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash equivalents	$	243,225
Investment securities		226,497
Loans		447,388
Premises and equipment		23,430
BOLI		21,733
Identifiable intangible assets		24,645
Miscellaneous other assets		9,366
Deposits		(851,140)
Securities sold under agreements to repurchase		(27,629)
Miscellaneous other liabilities		(7,784)
Total identifiable net assets		109,731
Goodwill	$	23,438

Schedule of unaudited pro forma of Citizens Bank

	Pro Forma
	For the twelve months ended
(dollars in thousands)		June 30, 2023
Revenue	$	183,878
Earnings	$	51,156