XML 52 R35.htm IDEA: XBRL DOCUMENT v3.25.4
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block] The following table presents a summary of the assets acquired and liabilities assumed:
($ in thousands)As Recorded by First InterstateAdjustmentsAs Recorded by EFSC
Assets acquired:
Cash and due from banks$2,235 $— $2,235 
Loans297,423 (6,410)291,013 
ACL on loans— (3,298)(3,298)
Total loans, net297,423 (9,708)(a)287,715 
Fixed assets, net8,623 160 8,783 
Intangible assets, net— 16,414 (b)16,414 
Other assets4,020 333 (c)4,353 
Total assets acquired$312,301 $7,199 $319,500 
Liabilities assumed:
Deposits$641,581 $137 (d)$641,718 
Other liabilities4,387 — 4,387 
Total liabilities assumed$645,968 $137 $646,105 
Net assets acquired$(333,667)$7,062 $(326,605)
Total consideration received$(274,801)
Goodwill$51,804 
(a)Loan fair value adjustments include:
i.$6,410 Loan interest rate mark
ii. $3,298     Loan credit mark
iii.$9,708     Total loan adjustment
(b)Represents a new core deposit intangible of $15.9 million to be amortized using the sum of the years digits method over a useful life of 10 years, and client-related wealth intangible of $0.5 million to be amortized straight line over a useful life of 10 years.
(c)Represents the tax effects of the deductible acquisition-related costs using a tax rate of approximately 25%.
(d)Represents time deposits fair value adjustment.