XML 70 R57.htm IDEA: XBRL DOCUMENT v3.22.4
Note 2 - Mergers/Acquisitions/Sales - Fair value of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
12 Months Ended
Apr. 01, 2022
Mar. 31, 2022
Dec. 31, 2022
ASSETS      
Cash and due from banks     $ 171,844
Interest-bearing deposits at financial institutions     17,134
Securities     143,017
Loans/leases receivable, net     801,697
Bank-owned life insurance     32,100
Premises and equipment     16,257
Restricted investment securities     2,220
Other real estate owned     55
Intangibles     10,264
Other assets     23,685
Total assets acquired     1,218,273
LIABILITIES      
Deposits     1,076,573
FHLB advances     16,000
Junior subordinated debentures     10,310
Other liabilities     15,225
Total liabilities assumed     1,137,729
Net assets acquired     80,544
Consideration paid:      
Common stock     117,214
Total consideration paid     144,085
Goodwill     $ 63,541
Guaranty Federal Bancshares, Inc      
ASSETS      
Cash and due from banks $ 171,844    
Interest-bearing deposits at financial institutions 17,134    
Securities 143,017    
Loans/leases receivable, net 801,697    
Bank-owned life insurance 32,100    
Premises and equipment 16,257    
Restricted investment securities 2,220    
Other real estate owned 55    
Intangibles 10,264    
Other assets 23,685    
Total assets acquired 1,218,273    
LIABILITIES      
Deposits 1,076,573    
FHLB advances 16,000    
Subordinated notes 19,621    
Junior subordinated debentures 10,310    
Other liabilities 15,225    
Total liabilities assumed 1,137,729    
Net assets acquired 80,544    
Consideration paid:      
Cash paid 26,871    
Common stock 117,214    
Total consideration paid 144,085 $ 26,900  
Goodwill $ 63,541