XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.19.2

Note 2 - Business Acquisitions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Purchase Price Consideration (in thousands) : |  |  |  |
Cash Consideration |  | $ | 10,238 |
Total purchase price for PFB branch acquisition |  | $ | 10,238 |
Assets acquired at fair value: |  |  |  |
Cash and cash equivalents |  | $ | 195 |
Loans |  |  | 20,430 |
Premises and equipment |  |  | 773 |
Core deposit intangible |  |  | 560 |
Other assets |  |  | 123 |
Total fair value of assets acquired |  | $ | 22,081 |
Liabilities assumed at fair value: |  |  |  |
Deposits |  | $ | 12,032 |
Other liabilities |  |  | 13 |
Total fair value of liabilities assumed |  | $ | 12,045 |
Net Assets acquired at fair value: |  | $ | 10,036 |
Amount of goodwill resulting from acquisition |  | $ | 202 |
Purchase Price Consideration (in thousands): |  |  |  |
Shares of CBAN Common Stock Issued to LBC Shareholders as of May 1, 2019 |  |  | 1,054,029 |
Market Price of CBAN Common Stock on May 1, 2019 |  | $ | 17.75 |
Estimated Fair Value of CBAN Common Stock Issued |  |  | 18,709 |
Cash Consideration Paid |  |  | 15,312 |
Total Consideration |  | $ | 34,021 |
Assets acquired at fair value: |  |  |  |
Cash and Cash Equivalents |  | $ | 15,678 |
Investments Securities Available for Sale |  |  | 49,172 |
Investments Securities Held to Maturity |  |  | 1,766 |
Restricted Investments |  |  | 479 |
Loans |  |  | 130,568 |
Premises and Equipment |  |  | 3,009 |
Core Deposit Intangible |  |  | 3,100 |
Other Real Owned |  |  | 243 |
Prepaid and Other Assets |  |  | 6,487 |
Total Fair Value of Assets Acquired |  | $ | 210,502 |
Liabilities Assumed at Fair Value: |  |  |  |
Deposits |  | $ | (189,896 | )
FHLB Advances |  |  | (1,000 | )
Payables and Other Liabilities |  |  | (975 | )
Total Fair Value of Liabilities Assumed |  | $ | (191,871 | )
Net Assets Acquired at Fair Value: |  | $ | 18,631 |
Amount of Goodwill Resulting From Acquisition |  | $ | 15,390 |
Purchase Price Consideration (in thousands): |  |  |  |
Cash Consideration Paid |  | $ | 833 |
Total Consideration |  | $ | 833 |
Assets acquired at fair value: |  |  |  |
Premises and Equipment |  | $ | 78 |
Premium on Loan Commitments |  |  | 209 |
Other Assets |  |  | 5 |
Total Fair Value of Assets Acquired |  | $ | 292 |
Liabilities Assumed at Fair Value: |  |  |  |
Total Fair Value of Liabilities Assumed |  | $ | - |
Net Assets Acquired at Fair Value: |  | $ | 292 |
Amount of Goodwill Resulting From Acquisition |  | $ | 541 |
LBC Bancshares, Inc [Member] |
Notes Tables |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block] |
Contractually Required Principal and Interest |  | $ | 695 |
Non-accretable Difference |  |  | (519 | )
Cash Flows Expected to be Collected |  |  | 176 |
Accretable Yield |  |  | - |
Total Purchased Credit-Impaired Loans Acquired |  | $ | 176 |
Schedule of Business Acquisitions by Acquisition, Acquired Loan Data [Table Text Block] |
|  | Fair Value of Acquired Loans at Acquisition Date |  |  | Gross Contractual Amounts Receivable at Acquisition Date |  |  | Estimate at Acquisition Date of Contractual Cash Flows Not Expected to be Collected |
Acquired receivables subject to ASC 310-30 |  | $ | 176 |  |  | $ | 695 |  |  | $ | 519 |
Acquired receivables not subject to ASC 310-30 |  | $ | 130,392 |  |  | $ | 132,381 |  |  | $ | - |

X
- Definition Tabular disclosure of the acquired loan data of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. + References No definition available. + Details
Name: | cban_ScheduleOfBusinessAcquisitionsByAcquisitionAcquiredLoanDataTableTextBlock
Namespace Prefix: | cban_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
Name: | us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=cban_LBCBancsharesIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |