ACQUISITION OF FIRST NATIONAL BANKSHARES CORPORATION (Tables)

12 Months Ended

Dec. 31, 2017

ACQUISITION OF FIRST NATIONAL BANKSHARES CORPORATION [Abstract]

Estimated Amortization of Core Deposit Intangible from Acquisition

The following table presents estimated amortization of the Bankshares core deposit intangible as of the acquisition date for each of the first five years and thereafter.

2016	$	455
2017		428
2018		364
2019		309
2020		289
Thereafter		1,463
Total core deposit intangible acquired	$	3,308

Net Assets Acquired

Net assets acquired via the acquisition are shown in the table below.

	First National Bankshares
Cash and due from banks	$	11,912
Time deposits with other banks		4,473
Securities available for sale		76,612
Loans, net		132,798
Premises and equipment		5,839
Goodwill and other intangible assets		4,883
Other assets		824
Total assets acquired		237,341
Deposits		(205,174	)
Repurchase agreements		(2,168	)
FHLB borrowings		(1,347	)
Subordinated debt		(5,307	)
Other liabilities		(1,304	)
Total liabilities assumed		(215,300	)
Net assets acquired	$	22,041