XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.4
Business Combinations (Tables)
6 Months Ended
Dec. 31, 2022
Fortune Financial Corporation  
Schedule of Purchase price

Fortune Financial Corporation

Fair Value of Consideration Transferred

(dollars in thousands)

Cash

$

12,664

Common stock, at fair value

22,884

Total consideration

$

35,548

    

Recognized amounts of identifiable assets acquired and liabilities assumed

 

 

Cash and cash equivalents

$

34,280

Interest bearing time deposits

 

2,300

Loans

 

202,053

Premises and equipment

 

7,690

BOLI

 

3,720

Identifiable intangible assets

 

1,602

Miscellaneous other assets

 

3,512

 

Deposits

 

(213,670)

FHLB Advances

 

(9,681)

Subordinated debt

 

(7,800)

Miscellaneous other liabilities

(1,214)

Total identifiable net assets

22,792

Goodwill

$

12,756

First National Bank, Cairo  
Schedule of Purchase price

First National Bank - Cairo Branch

Fair Value of Consideration Transferred

(dollars in thousands)

Cash

$

(26,932)

    

Recognized amounts of identifiable assets acquired and liabilities assumed

 

 

Cash and cash equivalents

$

220

Loans

 

408

Premises and equipment

 

468

Identifiable intangible assets

 

168

Miscellaneous other assets

 

1

 

Deposits

 

(28,540)

Miscellaneous other liabilities

(99)

Total identifiable net liabilities

(27,374)

Goodwill

$

442