Business Combinations (Tables)

9 Months Ended

Mar. 31, 2024

Schedule of unaudited pro forma

	Pro Forma
	For the three months ended
	March 31,
(dollars in thousands)		2024		2023
Revenue	$	40,093	$	43,232
Earnings	$	11,307	$	4,103

	Pro Forma
	For the nine months ended
	March 31,
(dollars in thousands)		2024		2023
Revenue	$	121,465	$	138,709
Earnings	$	36,652	$	35,595

Citizens

Schedule of purchase price

Citizens Bancshares Company
Fair Value of Consideration Transferred
(dollars in thousands)
Cash	$	34,889
Common stock, at fair value		98,280
Total consideration	$	133,169
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash equivalents	$	243,225
Investment securities		226,497
Loans		447,388
Premises and equipment		23,430
BOLI		21,733
Identifiable intangible assets		24,645
Miscellaneous other assets		9,366
Deposits		(851,140)
Securities sold under agreements to repurchase		(27,629)
Miscellaneous other liabilities		(7,784)
Total identifiable net assets		109,731
Goodwill	$	23,438