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Note 14: Acquisition of Certain Assets and Liabilities of Boulevard Bank: Schedule of Acquisition of Certain Assets and Liabilities of Boulevard Bank (Tables)
3 Months Ended
Mar. 31, 2014
Tables/Schedules  
Schedule of Acquisition of Certain Assets and Liabilities of Boulevard Bank

 

On March 21, 2014, Great Southern Bank completed the acquisition of certain loan and depository accounts and two branches in Neosho, Mo., and certain loan and depository accounts in St. Louis, Mo., from Neosho, Mo.-based Boulevard Bank.  The provisional fair values of the assets acquired and liabilities assumed in the transaction were as follows:

 

 

March 21,

 

2014

(In Thousands)

 

Assets

 

Cash and cash equivalents

$80,028

Loans receivable, net of discount on loans purchased of $-0-

10,940

Premises and equipment

668

Accrued interest receivable

34

Core deposit intangible

854

Total assets acquired

92,524

 

 

Liabilities

 

Total deposits

93,223

Accrued interest payable

93

Total liabilities assumed

93,316

 

 

Goodwill recognized on business acquisition

$792