XML 106 R102.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events (Details) (Subsequent Event, 1st Financial, USD $)
0 Months Ended
Jan. 02, 2014
Subsequent Event [Line Items]  
Consideration transferred $ 10,000,000
Cash and cash equivalents 28,194,000
Investment securities available for sale 237,438,000
Loans held for sale 1,183,000
Restricted equity securities 3,776,000
Loans 316,327,000
Less: allowance for loan losses 0
Premises and equipment 2,686,000
Other real estate owned 11,591,000
Other assets 16,346,000
Intangible asset 3,780,000
Total assets acquired 621,321,000
Noninterest-bearing 152,444,000
Interest-bearing 479,427,000
Total deposits 631,871,000
Federal Funds purchased 406,000
Other liabilities 3,559,000
Total liabilities assumed 635,836,000
Net assets acquired (14,515,000)
Cash paid to shareholders (2,000,000)
Cash paid to acquire TARP securities (8,000,000)
Goodwill recorded for 1st Financial (24,515,000)
Minimum
 
Subsequent Event [Line Items]  
Estimated merger costs 6,000,000
Maximum
 
Subsequent Event [Line Items]  
Estimated merger costs 7,000,000
As recorded by 1st Financial
 
Subsequent Event [Line Items]  
Cash and cash equivalents 28,194,000
Investment securities available for sale 246,890,000
Loans held for sale 1,183,000
Restricted equity securities 3,105,000
Loans 338,170,000
Less: allowance for loan losses (7,796,000)
Premises and equipment 3,871,000
Other real estate owned 12,896,000
Other assets 16,811,000
Intangible asset 0
Total assets acquired 643,324,000
Noninterest-bearing 152,444,000
Interest-bearing 477,881,000
Total deposits 630,325,000
Federal Funds purchased 406,000
Other liabilities 3,392,000
Total liabilities assumed 634,123,000
Net assets acquired 9,201,000
Fair value adjustments
 
Subsequent Event [Line Items]  
Cash and cash equivalents 0
Investment securities available for sale (9,452,000)
Loans held for sale 0
Restricted equity securities 671,000
Loans (21,843,000)
Less: allowance for loan losses 7,796,000
Premises and equipment (1,185,000)
Other real estate owned (1,305,000)
Other assets (465,000)
Intangible asset 3,780,000
Total assets acquired (22,003,000)
Noninterest-bearing 0
Interest-bearing 1,546,000
Total deposits 1,546,000
Federal Funds purchased 0
Other liabilities 167,000
Total liabilities assumed 1,713,000
Net assets acquired $ (23,716,000)