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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events
Note 13:
Subsequent Events

During the quarter ended September 30, 2023, the Company recorded a $3.0 million ACL reserve related to a single loan customer that filed for bankruptcy during the quarter. Subsequent to quarter end, the Company received further information and as a result believes that an additional corresponding reserve or charge-off will be recorded in the fourth quarter ended December 31, 2023. At this time management is not able to estimate this amount.

Also, in connection with this single loan customer that filed for bankruptcy during the quarter, on October 19, 2023, the Company’s board of directors approved the creation of a bank subsidiary for the purpose of acquiring and operating certain oil and gas assets of this customer.  The Company’s management submitted a bid to purchase said assets, which was accepted on October 31, 2023.  As of the date of the financial statements, this purchase transaction is in process and management expects the transaction to close in the fourth quarter ended December 31, 2023, for an estimated purchase price of $16 million.