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NOTE 16: SUBSEQUENT EVENT - SALE OF CERTAIN BRANCHES | 6 Months Ended
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Jun. 30, 2018
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NOTE 16: SUBSEQUENT EVENT - SALE OF CERTAIN BRANCHES | NOTE 16: SUBSEQUENT EVENT – SALE OF CERTAIN BRANCHES On July 20, 2018, the Company closed on the sale of four banking centers and related deposits in the Omaha, Neb., metropolitan market to Lincoln, Neb.-based West Gate Bank. Pursuant to the purchase and assumption agreement, the Bank sold branch deposits of approximately $56 million and sold substantially all branch-related real estate, fixed assets and ATMs. The Company recorded a pre-tax gain (excluding expenses related to the sale) of approximately $7.4 million on the sale based on the contractual deposit premium and the sales price of the branch assets. The Company estimates that the gain will increase earnings approximately $0.38 (after tax) per diluted share, in the three months ending September 30, 2018.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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