Note 3 - Mergers and Acquisitions - (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Purchase Price:
Shares Issued to Pedestal Shareholders on May 1, 2020		7,614,506
Closing Stock Price on May 1, 2020	$	12.96
Total Purchase Price	$	98,684
Net Assets Acquired:
Cash and Cash Equivalents	$	106,000
Securities Available for Sale		264,598
Loans and Leases Receivable		893,295
Premises and Equipment, Net		35,983
Cash Value of Life Insurance		11,522
Core Deposit Intangible		4,211
Other Assets		19,882
Total Assets		1,335,491
Deposits		1,177,137
Borrowings		59,399
Other Liabilities		5,425
Total Liabilities		1,241,961
Net Assets Acquired		93,530
Goodwill Resulting from Merger	$	5,154

Business Acquisition, Pro Forma Information [Table Text Block]

	For The Three Months Ended June 30,				For The Six Months Ended June 30,
	2020		2019		2020		2019
	(Dollars in thousands)				(Dollars in thousands)
	(except per share data)				(except per share data)
Interest Income	$	41,837	$	42,925	$	83,771	$	84,044
Interest Expense		6,435		7,499		13,956		14,615
Net Interest Income		35,402		35,426		69,815		69,429
Provision for Loan Losses		5,443		1,302		6,810		1,935
Net Interest Income after Provision for Loan Losses		29,959		34,124		63,005		67,494
Noninterest Income		5,953		6,784		12,331		12,036
Noninterest Expense		25,642		24,523		50,545		49,163
Income Before Income Taxes		10,270		16,385		24,791		30,367
Income Tax Expense		2,218		3,339		4,722		6,152
Net Income	$	8,052	$	13,046	$	20,069	$	24,215
Earnings Per Common Share
Basic	$	0.39	$	0.62	$	0.97	$	1.16
Diluted	$	0.39	$	0.61	$	0.97	$	1.14