XML 178 R160.htm IDEA: XBRL DOCUMENT v3.25.0.1
ACQUISITION OF CBANK - ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) - USD ($)
$ in Thousands
Mar. 15, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
ASSETS          
Cash and cash equivalents   $ 432,151 $ 316,567    
Loans   5,439,466 5,239,861 $ 4,515,802  
Allowance for loan and lease losses   (91,978) (82,130) (70,413) $ (64,577)
Loans, net   5,347,488 5,157,731    
Goodwill   40,516 40,516 16,300 16,300
Premises and equipment, net   32,309 33,411    
Other assets and accrued interest receivable   197,245 187,810    
TOTAL ASSETS   6,846,667 6,594,891 5,835,543  
Deposits:          
Noninterest-bearing   1,207,764 1,676,998    
Interest-bearing   4,002,782 3,376,165    
Total deposits   5,210,546 5,053,163 4,537,845  
Other liabilities and accrued interest payable   108,653 115,815    
Total liabilities   5,854,638 5,682,135    
Assets acquired:          
Goodwill   40,516 40,516 16,300 16,300
Liabilities assumed:          
Goodwill   $ 40,516 $ 40,516 $ 16,300 $ 16,300
CBank          
ASSETS          
Cash and cash equivalents $ 10,030        
Investment securities 16,463        
Loans 221,707        
Allowance for loan and lease losses (2,953)        
Loans, net 218,754        
Goodwill 954        
Premises and equipment, net 162        
Other assets and accrued interest receivable 7,067        
TOTAL ASSETS 253,430        
Deposits:          
Noninterest-bearing 42,160        
Interest-bearing 179,487        
Total deposits 221,647        
Other liabilities and accrued interest payable 4,709        
Total liabilities 226,356        
Net assets acquired 27,074        
Assets acquired:          
Goodwill 954        
Liabilities assumed:          
Goodwill 954        
CBank | Fair Value Adjustments          
Fair Value Adjustments          
Fair value adjustments, Investment securities (4)        
Fair value adjustments, Loans (4,219)        
Fair value adjustments, Allowance for loan and lease losses 1,353        
Fair value adjustments, Loans, net (2,866)        
Fair value adjustments, Goodwill (954)        
Fair value adjustments, Core deposit intangible 2,844        
Fair value adjustments, Premises and equipment, net 35        
Fair value adjustments, Other assets and accrued interest receivable (320)        
Fair value adjustments, Total assets acquired (1,265)        
Fair value adjustments, Interest-bearing 31        
Fair value adjustments, Total deposits 31        
Fair value adjustments, Other liabilities and accrued interest payable 96        
Fair value adjustments, Total liabilities assumed 127        
Fair value adjustments, Net assets acquired (1,392)        
CBank          
ASSETS          
Goodwill 24,216        
Assets acquired:          
Cash and cash equivalents 10,030        
Investment securities 16,394        
Loans 217,338        
Allowance for loan and lease losses (209)        
Loans, net 217,129        
Goodwill 24,216        
Core deposit intangible 2,844        
Premises and equipment, net 173        
Other assets and accrued interest receivable 6,747        
Total assets acquired 253,317        
Liabilities assumed:          
Noninterest-bearing 42,160        
Interest-bearing 179,518        
Total deposits 221,678        
Other liabilities and accrued interest payable 4,855        
Total liabilities assumed 226,533        
Net assets acquired 26,784        
Cash consideration paid (51,000)        
Goodwill 24,216        
CBank | Recast Adjustments          
Fair Value Adjustments          
Fair value adjustments, Investment securities (65)        
Fair value adjustments, Loans (150)        
Fair value adjustments, Allowance for loan and lease losses 1,391        
Fair value adjustments, Loans, net 1,241        
Fair value adjustments, Premises and equipment, net (24)        
Fair value adjustments, Total assets acquired 1,152        
Fair value adjustments, Other liabilities and accrued interest payable 50        
Fair value adjustments, Total liabilities assumed 50        
Fair value adjustments, Net assets acquired $ 1,102