XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.21.2

Acquisitions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Purchase Price of Assets Acquired and Liabilities Assumed | Under the acquisition method of accounting, the total purchase price is allocated to net tangible and intangible assets based on their current estimated fair values on the date of the acquisition. Based on preliminary valuations of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions that are subject to change, the preliminary purchase price for the TCF branches is detailed in the following table. Final estimates of fair value on the date of acquisition have not been received yet. Prior to the end of the one year measurement period for finalizing the purchase price allocation, if information becomes available which would indicate adjustments are required to the purchase price allocation, such adjustments will be included in the purchase price allocation prospectively. If any adjustments are made to the preliminary assumptions (provisional amounts), disclosures will be made in the notes to the financial statements of the amounts recorded in the current period earnings by line item that have been recorded in previous reporting periods if the adjustments to the provisional amounts had been recognized as of the acquisition date.
Assets |  |  |  | Liabilities |  |
Cash and due from banks |  | $ | 4,012 |  |  | Deposits |  |
Loans |  |  |  | Non-interest bearing |  | $ | 181,403 |
Commercial |  | 99,893 |  |  | NOW accounts |  | 303,050 |
Residential mortgage |  | 54,218 |  |  | Savings and money market |  | 262,488 |
Consumer |  | 52,224 |  |  | Certificates of deposit |  | 99,468 |
Total loans |  | 206,335 |  |  | Total deposits |  | 846,409 |
Premises and equipment, net |  | 6,901 |  |  | Interest payable |  | 16 |
Goodwill |  | 11,550 |  |  | Other liabilities |  | 2,206 |
Core deposit intangible |  | 887 |  |  |  |  |
Interest receivable |  | 519 |  |  |  |  |
Other assets |  | 260 |  |  |  |  |
Total assets purchased |  | $ | 230,204 |  |  | Total liabilities assumed |  | $ | 848,631 |
Net cash received |  | $ | (618,167) |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration