Acquisition Activities (Tables)

9 Months Ended

Sep. 30, 2023

Acquisition Activities [Abstract]

Preliminary Net Assets Acquired And Consideration Transferred

August 1, 2023

(Dollars in thousands)

Assets:

$

Cash and cash equivalents

28,366

Available-for-sale securities

38,084

Loans, net of unearned fees

105,668

Premises and equipment

1,335

Restricted equity securities

1,810

Interest receivable

695

Core deposit intangible

4,459

Other

1,277

Total assets acquired

181,694

Liabilities:

Total deposits

165,399

Other borrowings

1,050

Interest payable and other liabilities

500

Total liabilities assumed

166,949

Identifiable net assets acquired

$

14,745

Consideration:

Cash

9,087

Stock

6,957

Total consideration

16,044

Goodwill

$

1,299

Summary Of PCD Loans Purchased

Total

(Dollars in thousands)

Unpaid principal balance

$

28,159

PCD allowance for credit loss at acquisition

(329)

(Discount) premium on acquired loans

(1,809)

Purchase price of PCD loans

$

26,021