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Note 13: Business Combinations: Schedule of Business Acquisition -- Bank of Thayer (Tables)
3 Months Ended
Mar. 31, 2014
Tables/Schedules  
Schedule of Business Acquisition -- Bank of Thayer

 

Fair Value of Consideration Transferred

Cash

$6,279,694

Contingent consideration

-

     Total consideration

$6,279,694

Recognized amounts of identifiable assets acquired

 

    and liabilities assumed

 

Cash and Cash equivalents

$2,234,980

Investment Securities

34,271,743

Loans

39,368,508

Premises and equipment

1,155,297

Identifiable intangible assets

1,432,645

Miscellaneous other assets

1,285,870

 

Deposits

(68,234,600)

Securities sold under agreements to repurchase

(1,099,675)

Advances from FHLB

(1,095,928)

Subordinated debt

(2,490,890)

Miscellaneous other liabilities

(2,022,076)

     Total identifiable net assets

4,805,874

          Goodwill

$1,473,820