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Note 2 - Bank Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

		2019
Cash consideration transferred		$	22,643
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and due from banks		$	3,188
Federal funds sold			2,792
Interest-bearing deposits in financial institutions			21,035
Securities available-for-sale			33,615
Federal Home Loan Bank stock at cost			365
Loans receivable			137,776
Accrued interest receivable			2,888
Bank premises and equipment			2,452
Other real estate owned			3,582
Bank-owned life insurance			2,499
Core deposit intangible asset			1,891
Other assets			204
Deposits			(188,631	)
Securities sold under repurchase agreements			(1,747	)
Accrued interest payable and other liabilities			(1,946	)
Total identifiable net assets			19,963
Goodwill		$	2,680

Schedule of Business Acquisitions, Acquired Receivables [Table Text Block]

		2019
Pass		$	121,346
Watch			12,333
Special Mention			-
Substandard			6,024
Total loans acquired at book value		$	139,703

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Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

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