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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combinations [Abstract]  
Schedule of Preliminary Estimated Fair Value Amounts Assigned to Major Asset and Liability Categories at Acquisition Date

The following table presents the preliminary amounts recorded on the consolidated balance sheet on the acquisition date (dollars in thousands):

 

Fair value of consideration paid:

 

 

 

Common stock issued (6,275,574 shares)

 

$

220,273

 

Fair value of identifiable assets acquired:

 

 

 

Cash and cash equivalents

 

$

61,028

 

Securities available-for-sale

 

 

93,967

 

Loans

 

 

447,702

 

Identifiable intangible assets

 

 

4,798

 

Other assets

 

 

25,377

 

Total identifiable assets acquired

 

$

632,872

 

Fair value of liabilities assumed:

 

 

 

Deposits

 

$

549,125

 

Other liabilities

 

 

5,397

 

Total liabilities assumed

 

$

554,522

 

Fair value of net identifiable assets acquired

 

 

78,350

 

Goodwill resulting from acquisition

 

$

141,923