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Business Combination (Details) - Schedule of fair value of identifiable assets and liabilities $ in Thousands | Jun. 05, 2020 USD ($)
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Fair value of assets acquired |
Cash and cash equivalents | $ 31,756
Interest bearing time deposits | 11,542
Investment securities | 1,362
Federal Home Loan Bank stock | 117
Loans held for investment | 16,395
Premises and equipment | 446
Goodwill | 4,325
Core deposit intangible | 660
Other assets | 192
Total assets acquired | 66,795
Fair value of liabilities assumed |
Deposits | 51,053
Other liabilities | 223
Total liabilities assumed | 51,276
Total purchase price (cash) | $ 15,519

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- Definition Amount goodwill in business acquisition. + References No definition available. + Details
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- Definition Amount of loans held for investment. + References No definition available. + Details
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- Definition Amount of investments in debt and equity securities, including, but not limited to, held-to-maturity, trading and available-for-sale expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. + 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 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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