BUSINESS COMBINATIONS	6 Months Ended
Jun. 30, 2021
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 14 – BUSINESS COMBINATIONS At the close of business on October 23, 2020, the Company acquired the assets and assumed the deposit liabilities of Almena State Bank (“Almena”), based in Norton, Kansas, pursuant to a Purchase and Assumption Agreement facilitated by the Federal Deposit Insurance Corporation (“FDIC”). Acquisition costs related to this acquisition during the six months ended June 30, 2021 were $218 ($163 on an after-tax basis). During the six months ended June 30, 2021, the Company updated the valuation for certain Almena loans which at acquisition showed evidence of credit quality deterioration since origination. The net result of this valuation was a $585 addition to the gain on acquisition recorded during the fourth quarter of 2020. On May 14, 2021, the Company entered into an agreement and plan of reorganization with American State Bancshares, Inc. (“ASBI”). ASBI is the parent company of American State Bank & Trust Company (“American State Bank”), which has a total of seventeen locations in Kansas. The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions, including the receipt of regulatory approval. Acquisition costs related to this acquisition during the six months ended June 30, 2021 were $394 ($337 on an after-tax basis). In their June 30, 2021, unaudited Consolidated Report of Condition, American State Bank reported total assets of $786,135, which included total loans of $470,974 and securities of $195,473. At June 30, 2021, total liabilities of $689,017 were reported by American State Bank, which included deposits of $659,006. American State Bank reported $2,930 in net income before income taxes for the six months ended June 30, 2021. The Company anticipates there will be goodwill and core deposit intangibles recorded with this acquisition. Goodwill is calculated as the excess of the cash consideration transferred over the net of the acquisition-date fair value of identifiable assets acquired and liabilities assumed. On July 19, 2021, the Company announced that Equity Bank, a wholly owned subsidiary of the Company, signed a definitive branch purchase and assumption agreement to acquire the assets and assume the deposits of three bank locations in St. Joseph, Missouri, from Security Bank of Kansas City, a subsidiary of Valley View Financial Co. of Overland Park, Kansas. The Company anticipates closing the transaction in the fourth quarter of 2021, subject to customary closing conditions, including the receipt of regulatory approval.

BUSINESS COMBINATIONS

6 Months Ended

Jun. 30, 2021

NOTE 14 – BUSINESS COMBINATIONS

At the close of business on October 23, 2020, the Company acquired the assets and assumed the deposit liabilities of Almena State Bank (“Almena”), based in Norton, Kansas, pursuant to a Purchase and Assumption Agreement facilitated by the Federal Deposit Insurance Corporation (“FDIC”). Acquisition costs related to this acquisition during the six months ended June 30, 2021 were $218 ($163 on an after-tax basis).

During the six months ended June 30, 2021, the Company updated the valuation for certain Almena loans which at acquisition showed evidence of credit quality deterioration since origination. The net result of this valuation was a $585 addition to the gain on acquisition recorded during the fourth quarter of 2020.

On May 14, 2021, the Company entered into an agreement and plan of reorganization with American State Bancshares, Inc. (“ASBI”). ASBI is the parent company of American State Bank & Trust Company (“American State Bank”), which has a total of seventeen locations in Kansas. The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions, including the receipt of regulatory approval. Acquisition costs related to this acquisition during the six months ended June 30, 2021 were $394 ($337 on an after-tax basis).

In their June 30, 2021, unaudited Consolidated Report of Condition, American State Bank reported total assets of $786,135, which included total loans of $470,974 and securities of $195,473. At June 30, 2021, total liabilities of $689,017 were reported by American State Bank, which included deposits of $659,006. American State Bank reported $2,930 in net income before income taxes for the six months ended June 30, 2021. The Company anticipates there will be goodwill and core deposit intangibles recorded with this acquisition. Goodwill is calculated as the excess of the cash consideration transferred over the net of the acquisition-date fair value of identifiable assets acquired and liabilities assumed.

On July 19, 2021, the Company announced that Equity Bank, a wholly owned subsidiary of the Company, signed a definitive branch purchase and assumption agreement to acquire the assets and assume the deposits of three bank locations in St. Joseph, Missouri, from Security Bank of Kansas City, a subsidiary of Valley View Financial Co. of Overland Park, Kansas. The Company anticipates closing the transaction in the fourth quarter of 2021, subject to customary closing conditions, including the receipt of regulatory approval.