XML 35 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Business Combination (Details)
Aug. 31, 2015
USD ($)
$ / shares
Business Combinations [Abstract]  
Shares of CSBQ common stock outstanding as of August 31, 2015 $ 6,643,341
Market price of CSBQ common stock on August 31, 2015 (in dollars per share) | $ / shares $ 3.85
Estimated fair value of CSBQ common stock $ 25,577,000
Estimated fair value of CSBQ stock options 2,858,000
Total consideration above 28,435,000
Fair value of assets acquired and liabilities assumed:  
Cash and cash equivalents 33,502,000
Investment securities available for sale 74,254,000
Loans 314,827,000
Premises and equipment 9,019,000
Bank owned life insurance 1,278,000
Core deposit intangible 2,750,000
Other real estate owned 5,672,000
Prepaid and other assets 4,301,000
Deposits (349,462,000)
Securities sold under agreements to repurchase (17,622,000)
FHLB advances and other borrowings (42,307,000)
Payables and other liabilities (11,943,000)
Total fair value of net assets acquired 24,269,000
Goodwill $ 4,166,000