XML 107 R97.htm IDEA: XBRL DOCUMENT v3.25.2
Business Combination - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
12 Months Ended
May 03, 2024
May 02, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Estimated Fair Value Adjustments                
Goodwill     $ 34,149 $ 32,842 $ 32,783 $ 32,783 $ 0 $ 0
Summit Financial Group, Inc                
Business Combination [Line Items]                
Total purchase price consideration $ 397,445              
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less) [Abstract]                
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 54,432              
Total identifiable assets acquired 4,503,043              
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 48,844              
Total liabilities 4,139,747              
Total identifiable net assets 363,296              
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   11,263            
Total identifiable assets acquired   (114,590)            
Deposits   (7,136)            
Subordinated debentures and trust preferred securities   (16,466)            
Unfunded reserve liability   (3,190)            
Accrued interest and other liabilities   1,307            
Total liabilities   (25,485)            
Total identifiable net assets   $ (89,105)            
Goodwill 34,149   $ 34,149   $ 32,783      
Summit Financial Group, Inc | Previously Reported                
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less) [Abstract]                
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