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ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2024

ACQUISITIONS

Summary of the estimated fair value of assets acquired and liabilities

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2024

​

2023

​

2022

(000s omitted)

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CPD

Other (1)

Total

Axiom

​

Other (2)

​

​

Total

Total (3)

Consideration:

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​

​

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​

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​

​

​

​

​

​

​

​

​

Cash

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$

5,861

​

$

9,599

​

$

15,460

​

$

1,819

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$

6,758

​

$

8,577

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$

85,656

Contingent consideration

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​

3,066

​

​

750

​

​

3,816

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​

0

​

​

1,450

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​

1,450

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​

0

Total net consideration

​

8,927

​

10,349

​

19,276

​

1,819

​

8,208

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​

10,027

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85,656

Recognized amounts of identifiable assets acquired and liabilities assumed:

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​

Cash and cash equivalents

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0

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33

​

33

​

0

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0

​

​

0

​

84,988

Investment securities

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0

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0

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0

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0

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0

​

​

0

​

11,305

Loans, net of allowance for credit losses on PCD loans

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0

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0

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0

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0

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0

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0

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436,796

Premises and equipment, net

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6

​

106

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112

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25

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41

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​

66

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11,317

Accrued interest and fees receivable

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0

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0

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0

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0

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0

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0

​

882

Other assets

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26

​

359

​

385

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​

2

​

175

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​

177

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30,337

Core deposit intangibles

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0

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0

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0

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0

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0

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​

0

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7,970

Other intangibles

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5,500

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6,849

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12,349

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1,176

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4,990

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6,166

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3,014

Deposits

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0

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0

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0

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0

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0

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0

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(522,295)

Other liabilities

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(990)

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(918)

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(1,908)

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(9)

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(9)

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(18)

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(3,630)

Other Federal Home Loan Bank borrowings

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0

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0

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0

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0

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0

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0

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(17,616)

Total identifiable assets, net

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4,542

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6,429

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10,971

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1,194

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5,197

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​

6,391

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43,068

Goodwill

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$

4,385

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$

3,920

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$

8,305

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$

625

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$

3,011

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$

3,636

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$

42,588

(1) Includes amounts for OneGroup acquisitions completed in 2024.

(2) Includes amounts for OneGroup, Wealth Partners and BPAS acquisitions completed in 2023.

(3) Includes amounts for CBNA and OneGroup acquisitions completed in 2022.

Schedule of loans acquired

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​	​	​	​
(000s omitted)		PCD Loans
Par value of PCD loans at acquisition	​	$	2,184
Allowance for credit losses at acquisition	​		(71)
Non-credit discount at acquisition	​		(81)
Fair value of PCD loans at acquisition	​	$	2,032

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- Definition

Tabular disclosure regarding loans acquired during the period.

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

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