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Business Combination (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combination, Goodwill [Abstract] |
Schedule of merger with county | The table below highlights the allocation of purchase price for the merger with County (dollars in thousands):
Purchase Price: |  |  |  |
Consideration |  | $ | 107,945 |
Net assets acquired: |  |  |  |
Cash and cash equivalents |  |  | 20,638 |
Equity securities at fair value |  |  | 474 |
Securities available for sale |  |  | 187,230 |
Federal Home Loan Bank and Federal Reserve Bank stock |  |  | 2,903 |
Loans to other financial institutions |  |  | 33,481 |
Originated loans |  |  | 390,354 |
Premises and equipment |  |  | 9,271 |
Other real estate owned |  |  | 1,364 |
Deposit based intangible |  |  | 6,359 |
Bank owned life insurance |  |  | 16,912 |
Other assets |  |  | 4,002 |
Total assets |  |  | 672,988 |
Non-interest bearing deposits |  |  | 124,113 |
Interest bearing deposits |  |  | 449,488 |
Total deposits |  |  | 573,601 |
Federal funds purchased |  |  | 3,800 |
Advances from Federal Home Loan Bank |  |  | 23,000 |
Other liabilities |  |  | 3,784 |
Total liabilities |  |  | 604,185 |
Net assets acquired |  |  | 68,803 |
Goodwill |  | $ | 39,142 |
Schedule of indicative of the future results of the company | These unaudited pro forma results are presented for illustrative purposes only and are not intended to represent or be indicative of the actual results of operations of the combined banking organization that would have been achieved had the merger occurred at the beginning of the period, nor are they intended to represent or be indicative of the future results of the Company.
(Dollars in thousands, except per share data) |  |  |  |  |  |  |  |  |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Net interest income |  | $ | 44,440 |  |  | $ | 42,974 |  |  | $ | 40,178 |
Noninterest income |  |  | 13,289 |  |  |  | 12,151 |  |  |  | 13,364 |
Noninterest expense |  |  | 42,611 |  |  |  | 38,501 |  |  |  | 37,361 |
Net income |  |  | 13,487 |  |  |  | 14,251 |  |  |  | 11,513 |
Net income per diluted share |  |  | 1.86 |  |  |  | 1.97 |  |  |  | 1.63 |

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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 205 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25866437&loc=d3e10177-115837 + Details
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