PSB Holdings, Inc. Acquisition of Marathon State Bank (Tables)

12 Months Ended

Dec. 31, 2012

Psb Holdings Inc. Acquisition Of Marathon State Bank Tables

Schedule of Acquisition

Cash purchase price	$	5,505
Fair value of assets acquired:
Cash and due from banks		20,392
Securities available for sale		50,547
Loans receivable		23,760
Short-term commercial paper and bankers' acceptances		11,713
Foreclosed assets		0
Premises and equipment		402
Core deposit intangible		0
Accrued interest receivable and other assets		550
Total fair value of assets acquired		107,364
Fair value of liabilities assumed:
Non-interest-bearing deposits		23,255
Interest-bearing deposits		77,611
Accrued interest payable and other liabilities		142
Total fair value of liabilities assumed		101,008
Fair value of net assets acquired		6,356
Gain on bargain purchase	$	851

Schedule of Pro Forma Summary Financial Information Including Acquisition of Marathon State Bank

	Year Ended December 31, 2012
	(pro forma combined at beginning of period)
	Net Interest		Noninterest		Net		Earnings
	Income		Income		Income		Per Share
PSB Holdings, Inc.	$	19,670	$	5,706	$	5,587	$	3.36
Marathon State Bank		1,158		880		468		0.28
Pro forma totals	$	20,828	$	6,586	$	6,055	$	3.64

	Year Ended December 31, 2011
	(pro forma combined at beginning of period)
	Net Interest		Noninterest		Net		Earnings
	Income		Income		Income		Per Share
PSB Holdings, Inc.	$	19,557	$	5,337	$	5,305	$	3.21
Marathon State Bank		1,782		44		571		0.34
Pro forma totals	$	21,339	$	5,381	$	5,876	$	3.55