XML 160 R141.htm IDEA: XBRL DOCUMENT v3.25.1
Business Combination - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
8 Months Ended
May 03, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Estimated Fair Value Adjustments          
Goodwill   $ 32,783 $ 0 $ 0 $ 0
Summit Financial Group, Inc          
Business Acquisition [Line Items]          
Total purchase price consideration $ 397,445        
Recognized amounts of identifiable assets acquired and liabilities assumed          
Cash and equivalents 53,357        
Securities, available-for-sale, at fair value 491,608        
Securities, held-to-maturity, at amortized cost 86,143        
Equity and other investments 36,085        
Loans, gross 3,554,634        
Allowance for credit losses (23,480)        
Loans, net of allowance 3,531,154        
Premises and equipment, net 75,531        
Accrued interest receivable 19,610        
Company-owned life insurance 86,363        
Goodwill and intangibles 68,760        
Other assets 54,491        
Total identifiable assets acquired 4,503,102        
Deposits 3,696,936        
Borrowings 283,398        
Subordinated debentures and trust preferred securities 107,067        
Unfunded reserve liability 3,502        
Accrued interest and other liabilities 47,537        
Total liabilities 4,138,440        
Total identifiable net assets 364,662        
Estimated Fair Value Adjustments          
Securities, held-to-maturity, at amortized cost   (7,430)      
Loans, gross   (153,306)      
Allowance for credit losses   25,991      
Loans, net of allowance   (127,315)      
Premises and equipment, net   13,276      
Goodwill and intangibles   (4,384)      
Other assets   11,322      
Total identifiable assets acquired   (114,531)      
Deposits   (7,136)      
Subordinated debentures and trust preferred securities   (16,466)      
Unfunded reserve liability   (3,190)      
Total liabilities   (26,792)      
Total identifiable net assets   $ (87,739)      
Goodwill 32,783        
Summit Financial Group, Inc | Previously Reported          
Recognized amounts of identifiable assets acquired and liabilities assumed          
Cash and equivalents 53,357        
Securities, available-for-sale, at fair value 491,608        
Securities, held-to-maturity, at amortized cost 93,573        
Equity and other investments 36,085        
Loans, gross 3,707,940        
Allowance for credit losses (49,471)        
Loans, net of allowance 3,658,469        
Premises and equipment, net 62,255        
Accrued interest receivable 19,610        
Company-owned life insurance 86,363        
Goodwill and intangibles 73,144        
Other assets 43,169        
Total identifiable assets acquired 4,617,633        
Deposits 3,704,072        
Borrowings 283,398        
Subordinated debentures and trust preferred securities 123,533        
Unfunded reserve liability 6,692        
Accrued interest and other liabilities 47,537        
Total liabilities 4,165,232        
Total identifiable net assets $ 452,401