XML 74 R58.htm IDEA: XBRL DOCUMENT v3.20.4
Note 2 - Sales/Mergers/Acquisitions - Sale of Assets and liabilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Aug. 12, 2020
Nov. 30, 2019
Dec. 31, 2020
Dec. 31, 2019
ASSETS        
Total assets sold       $ 11,966
LIABILITIES        
Total liabilities sold       5,003
Gain (loss) on sale of assets and liabilities of subsidiary     $ (158) 12,286
Assets held for sale       11,966
Liabilities held for sale       5,003
Disposition costs     690 3,325
RB&T        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Purchase price premium for intangible assets   8.00%    
Purchase price premium multiplied   0.345    
Purchase price premium   $ 12,500    
ASSETS        
Cash and due from banks   3,973    
Interest-bearing deposits at financial institutions   55,291    
Securities held to maturity, at amortized cost   3,243    
Securities available for sale, at fair value   21,874    
Loans/leases receivable held for investment, net   357,931    
Premises and equipment, net   5,612    
Restricted investment securities   675    
Other real estate owned, net   2,134    
Other assets   3,228    
Total assets sold   453,961    
LIABILITIES        
Noninterest-bearing deposits   69,802    
Interest-bearing deposits   331,486    
Short-term borrowings   1,158    
Federal Home Loan Bank advances   15,000    
Other liabilities   2,241    
Total liabilities sold   419,687    
Net assets sold   34,274    
Note receivable consideration   46,560    
Consideration received   46,600    
Gain (loss) on sale of assets and liabilities of subsidiary   12,286    
Assets held for sale   453,961    
Liabilities held for sale   $ 419,687    
Bates Companies        
ASSETS        
Cash and due from banks $ 349      
Premises and equipment, net 19      
Other assets 2,259      
Total assets sold 2,627      
LIABILITIES        
Other liabilities 946      
Total liabilities sold 946      
Net assets sold 1,681      
Forgiveness of earn-out consideration 880      
Cash consideration 195      
Note receivable consideration 448      
Consideration received 500      
Imputed interest 52      
Gain (loss) on sale of assets and liabilities of subsidiary 158      
Assets held for sale 2,627      
Liabilities held for sale 946      
Disposition costs     $ 227  
Bates Companies | Earnout Agreement Cancellation [Member]        
LIABILITIES        
Consideration received $ 880      
Asset held-for-sale        
ASSETS        
Total assets sold       12,000
LIABILITIES        
Total liabilities sold       5,000
Assets held for sale       12,000
Liabilities held for sale       5,000
Disposition costs       $ 3,300