Annual report pursuant to Section 13 and 15(d)

Acquisition Activity (Tables)

v3.10.0.1
Acquisition Activity (Tables)
 12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] Based on preliminary valuations of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions that are subject to change, the final purchase price for the First Personal acquisition is allocated as follows:
 
ASSETS
        
LIABILITIES
      
Cash and due from banks   $ 30,178     Deposits        
Investment securities, available for sale     2     Non-interest bearing   $ 14,517  
            NOW accounts     22,177  
Commercial     53,026     Savings and money market     41,852  
Residential mortgage     32,542     Certificates of deposits     46,355  
Consumer     9,004     Total Deposits     124,901  
Total Loans     94,572              
                     
Premises and equipment, net     5,799     Borrowings     4,124  
FHLB stock     219     Interest payable     32  
Goodwill     5,437     Other liabilities     1,256  
Core deposit intangible     3,044              
Interest receivable     274              
Other assets     6,405              
Total assets purchased   $ 145,930              
Common shares issued     6,928              
Cash paid     8,689              
Total purchase price   $ 15,617     Total liabilities assumed   $ 130,313