Mergers & Acquisitions (Tables) |
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Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Preliminary fair value estimates Consideration transferred, identifiable net assets acquired and resulting goodwill | The following table discloses the preliminary fair value estimates of the consideration transferred, the total identifiable net assets acquired and the resulting goodwill arising from the acquisition of BOID. The Company is continuing to obtain information to determine the fair values of assets acquired and liabilities assumed.
1 The core deposit intangible for the acquisition was determined to have an estimated life of 10 years.
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Unaudited pro forma summary of the company as if the acquisitions had occurred at the beginning of the period | The following unaudited pro forma summary presents consolidated information of the Company as if the BOID acquisition had occurred on January 1, 2024:
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