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FDIC-ASSISTED ACQUIRED LOANS (Tables)

9 Months Ended

Sep. 30, 2021

FDIC-ASSISTED ACQUIRED LOANS

Schedule of FDIC Indemnification Asset Policy


								Sun Security
		TeamBank			Vantus Bank			Bank			InterBank			Valley Bank

		(In Thousands)
September 30, 2021
Gross loans receivable		$	4,273		$	5,972		$	9,760		$	34,812		$	25,322
Balance of accretable discount due to change in expected losses			(71)			(22)			(80)			(157)			(276)
Net carrying value of loans receivable		$	4,202		$	5,950		$	9,680		$	34,655		$	25,046

December 31, 2020
Gross loans receivable		$	5,393		$	8,052		$	13,395		$	44,215		$	31,515
Balance of accretable discount due to change in expected losses			(97)			(35)			(180)			(1,079)			(612)
Expected loss remaining			(30)			(13)			(104)			(1,079)			(699)
Net carrying value of loans receivable		$	5,266		$	8,004		$	13,111		$	42,057		$	30,204

Schedule of Impact of Adjustments of Acquired Loans on Financial Results


		Three Months Ended					Three Months Ended
		September 30, 2021					September 30, 2020

		(In Thousands, Except Per Share Data and Basis Points Data)
Impact on net interest income/
net interest margin (in basis points)		$	279		2 bps		$	1,229		9 bps
Net impact to pre-tax income		$	279				$	1,229
Net impact net of taxes		$	215				$	949
Impact to diluted earnings per share		$	0.02				$	0.07


		Nine Months Ended					Nine Months Ended
		September 30, 2021					September 30, 2020

		(In Thousands, Except Per Share Data and Basis Points Data)
Impact on net interest income/
net interest margin (in basis points)		$	1,398		3 bps		$	4,632		12 bps
Net impact to pre-tax income		$	1,398				$	4,632
Net impact net of taxes		$	1,079				$	3,576
Impact to diluted earnings per share		$	0.08				$	0.25