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SUBSEQUENT EVENTS/OTHER
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS/OTHER SUBSEQUENT EVENTS/OTHER
Heritage Southeast Bank
On January 1, 2023, the Company completed the acquisition of HSBI, and immediately thereafter merged with and into the Company. The Company paid a total consideration of approximately $221.5 million to the former HSBI shareholders as consideration in the acquisition, which included approximately 6,920,909 shares of the Company's common stock, and approximately $16 thousand in cash in lieu of fractional shares. At December 31, 2022, HSBI had approximately $1.579 billion in assets, $1.191 billion in loans, and $1.394 billion in deposits. The purchase price allocation and certain fair value measurements remain preliminary due to the timing of the HSBI acquisition. Due to the
recent closing, management remains in the early stages of reviewing the estimated fair values and evaluating the assumed tax positions of the HSBI acquisition. The Company expects to finalize its analysis of the HSBI acquired assets and assumed liabilities in this transaction within one year of the acquisition.