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Acquisition (Tables) | 3 Months Ended
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Mar. 31, 2025
Acquisition |
Summary of acquisition | ​
​ | ​ | ​ | ​
First Merchants Transaction Summary
As of Date of Transaction
​ | ​ | ​ | ​
​ | ​ | December 6, 2024
Assets | ​ | ​ | ​
Cash and due from banks | ​ | $ | 419
Loans, net of purchase accounting adjustments | ​ | ​ | 7,149
Premises and equipment | ​ | ​ | 3,934
Core deposit intangible | ​ | ​ | 13,254
Other assets | ​ | ​ | 19
Total assets | ​ | $ | 24,775
​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​
Noninterest bearing demand | ​ | $ | 26,497
Savings, NOW and money market | ​ | ​ | 157,126
Time | ​ | ​ | 84,344
Total deposits | ​ | ​ | 267,967
Other liabilities | ​ | ​ | 585
Total liabilities | ​ | ​ | 268,552
​ | ​ | ​ | ​
Cash consideration received | ​ | ​ | (237,023)
Total liabilities assumed and cash consideration received for transaction | ​ | $ | 31,529
Goodwill | ​ | $ | 6,754

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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