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BRANCH ACQUISITION (Tables) | 12 Months Ended
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Dec. 31, 2021
BRANCH ACQUISITION |
Schedule of assets acquired and liabilities assumed | The following table reflects the basis of assets acquired and liabilities assumed from Riverview Bank as of the acquisition date (in thousands). ​
​ | ​ | ​ | ​ | ​
Consideration received | ​ | ​ |  | ​
Cash received | ​ | ​ | $ | 40,154
​ | ​ | ​ | ​ | ​
Fair value of assets acquired | ​ | ​ | ​ | ​
Cash and cash equivalents | $ | 258 | ​ | ​
Loans | ​ | 36 | ​ | ​
Premises and equipment | ​ | 158 |  | ​
Core deposit intangible | ​ | 177 | ​ | ​
Other assets | ​ | 19 | ​ | ​
​ | ​ | ​ | ​ | 648
Fair value of liabilities assumed | ​ | ​ |  | ​
Deposits | ​ | (42,432) |  | ​
Other liabilities | ​ | (37) |  | ​
​ | ​ | ​ |  | (42,469)
​ | ​ | ​ | ​ | ​
Total fair value of identifiable net assets | ​ | ​ | ​ | (41,821)
​ | ​ | ​ | ​ | ​
Goodwill resulting from acquisition | ​ | ​ | $ | 1,667

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