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Note 17 - Acquisitions - Consideration Paid and the Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Jul. 01, 2021
Sep. 30, 2021
Dec. 31, 2020
[1]
Cash paid     $ 90,497  
Common stock issued     27,069  
Total purchase price     117,566  
Cash and due from banks $ 46,158   46,158  
Federal funds sold 120   120  
Securities, AFS, at fair value 12,112   12,112  
Restricted securities 183   183  
Loans, net of ALLL 275,300   275,300  
Bank premises and equipment 3,643   3,643  
Accrued interest receivable 1,704   1,704  
OREO 2,137   2,137  
BOLI 5,852   5,852  
Other assets 4,259   4,259  
Total identifiable assets acquired 351,468   351,468  
Demand deposits & savings accounts 184,535   184,535  
Time deposits 52,246   52,246  
Accrued expenses and other liabilities 1,132   1,132  
Total identifiable liabilities assumed 237,913   237,913  
Net identifiable assets acquired at fair value 113,555   113,555  
Goodwill resulting from acquisitions 4,011   4,011 $ 0
The Bank of Fincastle [Member]        
Cash paid   $ 6,752    
Common stock issued   27,069    
Total purchase price   33,821    
Cash and due from banks   46,158    
Federal funds sold   120    
Securities, AFS, at fair value   12,112    
Restricted securities   183    
Loans, net of ALLL   193,664    
Bank premises and equipment   3,471    
Accrued interest receivable   1,561    
OREO   2,137    
BOLI   5,852    
Other assets   4,259    
Total identifiable assets acquired   269,517    
Demand deposits & savings accounts   184,535    
Time deposits   52,246    
Accrued expenses and other liabilities   1,132    
Total identifiable liabilities assumed   237,913    
Net identifiable assets acquired at fair value   31,604    
Goodwill resulting from acquisitions   $ 2,217    
Smartbank [Member]        
Cash paid 83,745      
Common stock issued 0      
Total purchase price 83,745      
Cash and due from banks 0   0  
Federal funds sold 0   0  
Securities, AFS, at fair value 0   0  
Restricted securities 0   0  
Loans, net of ALLL 81,636   81,636  
Bank premises and equipment 172   172  
Accrued interest receivable 143   143  
OREO 0   0  
BOLI 0   0  
Other assets 0   0  
Total identifiable assets acquired 81,951   81,951  
Demand deposits & savings accounts 0   0  
Time deposits 0   0  
Accrued expenses and other liabilities 0   0  
Total identifiable liabilities assumed 0   0  
Net identifiable assets acquired at fair value 81,951   81,951  
Goodwill resulting from acquisitions $ 1,794   $ 1,794  
[1] Derived from audited consolidated financial statements.