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v3.22.2.2

Acquisitions (Tables) | 12 Months Ended
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Jun. 30, 2022
Fortune Financial Corporation |
Schedule of Purchase price | ​
​ | ​ | ​ | ​
Fortune Financial Corporation | ​ | ​ | ​
Fair Value of Consideration Transferred | ​ | ​
(dollars in thousands) | ​ | ​
Cash | ​ | $ | 12,664
Common stock, at fair value | ​ | ​ | 22,884
Total consideration | ​ | $ | 35,548
​ |  | ​ | ​
Recognized amounts of identifiable assets acquired and liabilities assumed |  | ​ | ​
​ | ​ |  | ​
Cash and cash equivalents | ​ | $ | 34,280
Interest bearing time deposits | ​ |  | 2,300
Loans | ​ |  | 202,053
Premises and equipment | ​ |  | 7,690
BOLI | ​ |  | 3,720
Identifiable intangible assets | ​ |  | 1,602
Miscellaneous other assets | ​ |  | 3,512
​ | ​ |  | ​
Deposits | ​ |  | (213,670)
FHLB Advances | ​ |  | (9,681)
Subordinated debt | ​ |  | (7,800)
Miscellaneous other liabilities | ​ | ​ | (1,214)
Total identifiable net assets | ​ | ​ | 22,792
Goodwill | ​ | $ | 12,756
First National Bank, Cairo |
Schedule of Purchase price | ​
​ | ​ | ​ | ​
First National Bank - Cairo Branch | ​ | ​ | ​
Fair Value of Consideration Transferred | ​ | ​ | ​
(dollars in thousands) | ​ | ​ | ​
Cash received | ​ | $ | (26,932)
Common stock, at fair value | ​ | ​ | —
Total consideration | ​ | $ | (26,932)
​ |  | ​ | ​
Recognized amounts of identifiable assets acquired and liabilities assumed |  | ​ | ​
​ | ​ |  | ​
Cash and cash equivalents | ​ | $ | 220
Loans | ​ |  | 408
Premises and equipment | ​ |  | 468
Identifiable intangible assets | ​ |  | 168
Miscellaneous other assets | ​ |  | 1
​ | ​ |  | ​
Deposits | ​ |  | (28,540)
Miscellaneous other liabilities | ​ | ​ | (99)
Total identifiable net liabilities | ​ | ​ | (27,374)
Goodwill | ​ | $ | 442
Central Federal Bancshares |
Schedule of Purchase price | ​
​ | ​ | ​ | ​
Central Federal Bancshares |  | ​ | ​
Fair Value of Consideration Transferred | ​ | ​ | ​
(dollars in thousands) | ​ | ​ | ​
Cash | ​ | $ | 21,942
​ | ​ | ​ | ​
​ | ​ | ​ | ​
Recognized amounts of identifiable assets acquired and liabilities assumed | ​ | ​ |
​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 12,862
Investment securities | ​ | ​ | 4,355
Loans | ​ | ​ | 51,449
Premises and equipment | ​ | ​ | 723
Identifiable intangible assets | ​ | ​ | 540
Miscellaneous other assets | ​ | ​ | 639
​ | ​ | ​ | ​
Deposits | ​ | ​ | (46,720)
Miscellaneous other liabilities | ​ | ​ | (1,783)
Total identifiable net assets | ​ | ​ | 22,065
Bargain Purchase Gain | ​ | $ | (123)

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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 -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
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