XML 40 R28.htm IDEA: XBRL DOCUMENT v3.25.2
DIVESTITURES (Tables)
9 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Discontinued Operations The Company has summarized the results of the transaction as follows:
(Dollars in thousands)December 31, 2024Settlement
Adjustments
June 30, 2025
Assets Purchased and Liabilities Assumed
Cash and cash equivalents$4,686 $— $4,686 
Loans594,541 (1,360)593,181 
Premises, furniture, and equipment, net484 — 484 
Total assets purchased$599,711 $(1,360)$598,351 
Deposits$16,760 $— $16,760 
Accrued expenses and other liabilities1,158 120 1,278 
Total liabilities assumed$17,918 $120 $18,038 
Net assets purchased$581,793 $(1,480)$580,313 
Consideration paid at close603,290 8,223 611,513 
Consideration due9,703 (9,703)— 
Purchase price612,993 (1,480)611,513 
Premium on transaction31,200 — 31,200 
Other adjustments:
Goodwill derecognition(11,577)— (11,577)
Intangible derecognition(631)— (631)
Building lease derecognition471 — 471 
Deferred loan origination cost derecognition— (1,360)(1,360)
Transaction costs(3,059)— (3,059)
Total other adjustments(14,796)(1,360)(16,156)
Gain on divestitures$16,404 $(1,360)$15,044