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Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Assets and Liabilities Acquisition | The following table summarizes the consideration paid for Freedom Bancshares, Inc. and the amounts of the assets acquired and liabilities assumed at the acquisition date: Schedule of Assets and Liabilities Acquisition
|  | As of |
(Dollars in thousands) |  | October 1, 2022 |
Cash paid in acquisition |  | $ | 33,350 |
Assets acquired: |  |  |  |
Cash and cash equivalents |  |  | 32,778 |
Investment securities |  |  | 33,126 |
Bank stocks |  |  | 699 |
Loans |  |  | 113,910 |
Bank owned life insurance |  |  | 4,374 |
Premises and equipment |  |  | 3,782 |
Core deposit intangibles |  |  | 4,170 |
Other |  |  | 7,016 |
Total assets acquired |  |  | 199,855 |
Liabilities assumed: |  |  |  |
Deposits |  |  | 150,410 |
FHLB advances |  |  | 7,000 |
Other borrowings |  |  | 22,198 |
Other liabilities |  |  | 1,742 |
Total liabilities assumed |  |  | 181,350 |
Net assets acquired |  |  | 18,505 |
Goodwill |  | $ | 14,845 |
Schedule of Unaudited Pro Forma Consolidated Operating Acquisition | Schedule of Unaudited Pro Forma Consolidated Operating Acquisition
(Dollars in thousands, except per share amounts) |  | Years ended December 31, |
|  | 2022 |  |  | 2021 |
Net interest income |  | $ | 44,750 |  |  | $ | 45,942 |
Net earnings |  |  | 9,098 |  |  |  | 19,922 |
Earnings per share (1): |  |  |  |  |  |  |  |
Basic (1) |  |  | 1.66 |  |  |  | 3.62 |
Diluted (1) |  |  | 1.65 |  |  |  | 3.61 |
(1) | All per share amounts have been adjusted to give effect to the 5% stock dividends paid during December 2022 and 2021.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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