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NOTE 17: Acquisitions: Schedule of Business Acquisitions by Acquisition, Contingent Consideration (Tables)
12 Months Ended
Jun. 30, 2019
Schedule of Business Acquisitions by Acquisition, Contingent Consideration

 

Gideon Bancshares Company

 

Fair Value of Consideration Transferred

 

(dollars in thousands)

 

 

 

Cash

 $                   11,271

Common stock, at fair value

                      10,757

     Total consideration

 $                   22,028

 

 

Recognized amounts of identifiable assets acquired

 

     and liabilities assumed

 

 

 

Cash and cash equivalents

 $                     2,894

Investment securities

                      54,866

Loans

                    144,286

Premises and equipment

                        3,663

Identifiable intangible assets

                        4,125

Miscellaneous other assets

                        5,926

 

 

Deposits

                 (170,687)

FHLB Advances

                    (18,701)

Note Payable

                      (4,400)

Miscellaneous other liabilities

                          (956)

     Total identifiable net assets

                      21,016

          Goodwill

 $                     1,012

 

Gideon Bancshares Company  
Schedule of Business Acquisitions by Acquisition, Contingent Consideration

 

Southern Missouri Bank of Marshfield

 

Fair Value of Consideration Transferred

 

(dollars in thousands)

 

 

 

Cash

 $               3,860

Common stock, at fair value

                12,955

     Total consideration

 $             16,815

 

 

Recognized amounts of identifiable assets acquired

 

     and liabilities assumed

 

 

 

Cash and cash equivalents

 $               2,359

Interest bearing time deposits

                  1,450

Investment securities

                  5,557

Loans

                68,258

Premises and equipment

                  3,409

BOLI

                  2,271

Identifiable intangible assets

                  1,345

Miscellaneous other assets

                  1,897

 

 

Deposits

              (68,152)

FHLB Advances

                (5,344)

Miscellaneous other liabilities

                   (681)

     Total identifiable net assets

                12,369

          Goodwill

 $               4,446