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Business Combination (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table details the preliminary estimated financial impact of the merger, including the calculation of the purchase price, the allocation of the purchase price to the fair values of net assets assumed, and goodwill recognized:
 
Calculation of Purchase Price
 
 
 
Shares of CSBQ common stock outstanding as of August 31, 2015
 
 
6,643,341
 
Market price of CSBQ common stock on August 31, 2015
 
$
3.85
 
Estimated fair value of CSBQ common stock (in thousands)
 
 
25,577
 
Estimated fair value of CSBQ stock options (in thousands)
 
 
2,858
 
Total consideration (in thousands)
 
$
28,435
 
 
Allocation of Purchase Price (in thousands)
 
 
 
Total consideration above
 
$
28,435
 
Fair value of assets acquired and liabilities assumed:
 
 
 
 
Cash and cash equivalents
 
 
33,502
 
Investment securities available for sale
 
 
74,254
 
Loans
 
 
314,827
 
Premises and equipment
 
 
9,019
 
Bank owned life insurance
 
 
1,278
 
Core deposit intangible
 
 
2,750
 
Other real estate owned
 
 
5,672
 
Prepaid and other assets
 
 
4,301
 
Deposits
 
 
(349,462)
 
Securities sold under agreements to repurchase
 
 
(17,622)
 
FHLB advances and other borrowings
 
 
(42,307)
 
Payables and other liabilities
 
 
(11,943)
 
Total fair value of net assets acquired
 
 
24,269
 
Goodwill
 
$
4,166