Business Combinations - Narrative (Details) |
1 Months Ended | 12 Months Ended | ||||
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Feb. 28, 2025
USD ($)
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Jan. 31, 2025
USD ($)
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Oct. 31, 2024
USD ($)
payment
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Feb. 28, 2025
USD ($)
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Dec. 31, 2024
USD ($)
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Jun. 30, 2025
USD ($)
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Business Combination [Line Items] | ||||||
Goodwill | $ 50,018,000 | $ 49,874,000 | ||||
Sallyport Commercial Finance | ||||||
Business Combination [Line Items] | ||||||
Equity interest acquired | 100.00% | |||||
Consideration transferred | $ 47,700,000 | $ 47,900,000 | $ 53,900,000 | |||
Payment to acquire business | 47,855,000 | |||||
Pre-existing debt settlement | 12,000,000 | |||||
Goodwill | $ 34,900,000 | 35,001,000 | $ 34,900,000 | |||
Decrease in value of consideration transferred | $ 144,000 | |||||
Other intangibles | 0 | |||||
Additional cash payments | 6,000,000 | |||||
Earn-out payments | $ 2,000,000 | |||||
Number of earn-out payments | payment | 3 | |||||
Revenue of acquiree | 2,600,000 | |||||
Non-interest expense of acquiree | 1,500,000 | |||||
Net income of acquiree | 943,000 | |||||
Acquisition related costs | $ 1,100,000 |
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- Definition Business Combination, Consideration Transferred, Liabilities Incurred, Number Of Payments No definition available.
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- Definition Business Combination, Consideration Transferred, Liabilities Incurred, Yearly Payment No definition available.
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- Definition Business Combination, Pro Forma Information, Noninterest Expense Of Acquiree Since Acquisition Date, Actual No definition available.
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- Definition Business Combination, Settlement Of Financing Receivable No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of voting equity interest acquired in business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liabilities incurred by the acquirer as part of consideration transferred in a business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of acquiree's earnings (loss) since acquisition date of business combination included in consolidated statement of income. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of acquiree's revenue since acquisition date of business combination included in consolidated statement of income. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to items of consideration transferred in connection with a business combination for which the initial accounting was incomplete. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of identifiable intangible asset acquired in business combination and recognized at acquisition date. Excludes goodwill and financial asset. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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