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BUSINESS COMBINATIONS (Tables) | 6 Months Ended
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Jun. 30, 2024
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table provides the purchase price calculation as of the acquisition date, identifiable assets purchased and liabilities assumed at their estimated fair value.
(Dollars in thousands) | Agile
Purchase consideration |
Cash consideration | $ | 96,887 |
Assets acquired |
Commercial loans | 93,353 |
Premises and equipment | 651 |
Intangible assets | 3,797 |
Total assets acquired | 97,801 |
Liabilities assumed |
Other liabilities | 2,702 |
Total liabilities assumed | 2,702 |
Net identifiable assets | 95,099 |
Goodwill | $ | 1,788 |

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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 + Details
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