BUSINESS COMBINATIONS (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| NBC Corp [Member] |
|
| Business Acquisition [Line Items] |
|
| Summary of the Amounts of Assets Sold/Acquired and Liabilities Assumed Recognized at the Merger/Acquisition Date |
The following table summarizes the amounts of assets acquired and liabilities assumed by NBC on July 2, 2025.
|
|
|
|
|
Fair value of consideration: |
|
|
|
Cash |
|
$ |
15,267 |
|
Common Stock |
|
|
73,741 |
|
|
|
$ |
89,008 |
|
|
|
|
|
Recognized amounts of identifiable assets acquired and |
|
|
|
liabilities assumed: |
|
|
|
Cash and due from banks |
|
$ |
165,698 |
|
Interest bearing time deposits in other banks |
|
|
566 |
|
Available-for-sale securities |
|
|
17,038 |
|
Loans |
|
|
661,513 |
|
Premises and equipment |
|
|
12,939 |
|
Bank-owned life insurance |
|
|
11,860 |
|
Core deposit intangible |
|
|
11,168 |
|
Other assets |
|
|
14,590 |
|
Total assets acquired |
|
|
895,372 |
|
Deposits |
|
|
806,007 |
|
Federal funds purchased and retail repurchase agreements |
|
|
4,542 |
|
Federal Home Loan Advances |
|
|
3,534 |
|
Interest payable and other liabilities |
|
|
21,281 |
|
Total liabilities assumed |
|
|
835,364 |
|
Total identifiable net assets |
|
|
60,008 |
|
Goodwill |
|
|
29,000 |
|
|
|
$ |
89,008 |
|
|
| Schedule Of Business Acquisitions By Acquisition At Merger Date Table Text Block |
The following tables reconcile the par value of NBC loan portfolio as of the purchase date to the fair value indicated in the table above. For non-purchase credit deteriorated assets, the entire fair value adjustment including both interest and credit related components is recorded as an adjustment to par (“Fair Value Marks”) and reflected as an adjustment to the carrying value of that asset within the Consolidated Balance Sheet. Following purchase, an ACL is also established for these non-purchase credit deteriorated assets which is not reflected in this table as it is accounted for outside of the business combination. For purchase-credit deteriorated assets, as required by CECL, the fair value mark is divided between an adjustment to par and an addition to the ACL. The addition to ACL is based on the application of management’s CECL methodology to the individual loans.
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Fair Value Marks |
|
|
Purchase Price |
|
Commercial real estate |
|
$ |
324,056 |
|
|
$ |
(7,624 |
) |
|
$ |
316,432 |
|
Commercial and industrial |
|
|
189,320 |
|
|
|
(1,901 |
) |
|
|
187,419 |
|
Residential real estate |
|
|
26,033 |
|
|
|
(652 |
) |
|
|
25,381 |
|
Agricultural real estate |
|
|
37,279 |
|
|
|
(1,012 |
) |
|
|
36,267 |
|
Agricultural |
|
|
67,071 |
|
|
|
(118 |
) |
|
|
66,953 |
|
Consumer |
|
|
3,761 |
|
|
|
(25 |
) |
|
|
3,736 |
|
Total non-PCD loans |
|
$ |
647,520 |
|
|
$ |
(11,332 |
) |
|
$ |
636,188 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Discounts from Other Factors Excluding ACL |
|
|
Credit Marks
in ACL |
|
|
Purchase Price |
|
Commercial real estate |
|
$ |
18,305 |
|
|
$ |
(2,088 |
) |
|
$ |
(1,857 |
) |
|
$ |
14,360 |
|
Commercial and industrial |
|
|
2,951 |
|
|
|
(832 |
) |
|
|
(212 |
) |
|
|
1,907 |
|
Residential real estate |
|
|
292 |
|
|
|
(40 |
) |
|
|
(25 |
) |
|
|
227 |
|
Agricultural real estate |
|
|
4,739 |
|
|
|
(663 |
) |
|
|
(408 |
) |
|
|
3,668 |
|
Agricultural |
|
|
6,521 |
|
|
|
(784 |
) |
|
|
(574 |
) |
|
|
5,163 |
|
Total PCD loans |
|
$ |
32,808 |
|
|
$ |
(4,407 |
) |
|
$ |
(3,076 |
) |
|
$ |
25,325 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Purchased Loans |
|
Purchase Price |
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
$ |
636,188 |
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
|
25,325 |
|
|
|
|
|
|
|
|
|
|
Total loans |
|
$ |
661,513 |
|
|
|
|
|
|
|
|
|
|
|
| KansasLand Bank [Member] |
|
| Business Acquisition [Line Items] |
|
| Summary of the Amounts of Assets Sold/Acquired and Liabilities Assumed Recognized at the Merger/Acquisition Date |
The following table summarizes the amounts of assets acquired and liabilities assumed by KSL on July 1, 2024.
|
|
|
|
|
Fair value of consideration: |
|
|
|
Cash |
|
$ |
100 |
|
|
|
$ |
100 |
|
Recognized amounts of identifiable assets acquired and
liabilities assumed: |
|
|
|
Cash and due from banks |
|
$ |
1,361 |
|
Available-for-sale securities |
|
|
20,004 |
|
Loans |
|
|
27,926 |
|
Premises and equipment |
|
|
372 |
|
Core deposit intangibles |
|
|
506 |
|
Other assets |
|
|
1,764 |
|
Total assets acquired |
|
|
51,933 |
|
Deposits |
|
|
42,418 |
|
Federal funds purchased and retail repurchase agreements |
|
|
780 |
|
Federal Home Loan Bank advances |
|
|
7,049 |
|
Bank Stock Loan |
|
|
691 |
|
Interest payable and other liabilities |
|
|
64 |
|
Total liabilities assumed |
|
|
51,002 |
|
Total identifiable net assets |
|
|
931 |
|
Bargain purchase gain |
|
|
(831 |
) |
|
|
$ |
100 |
|
|
| Schedule Of Business Acquisitions By Acquisition At Merger Date Table Text Block |
The following tables reconcile the par value of KSL loan portfolio as of the purchase date to the fair value indicated in the table above. For non-purchase credit deteriorated assets, the entire fair value adjustment including both interest and credit related components is recorded as an adjustment to par (“Fair Value Marks”) and reflected as an adjustment to the carrying value of that asset within the Consolidated Balance Sheet. Following purchase, an ACL is also established for these non-purchase credit deteriorated assets which is not reflected in this table as it is accounted for outside of the business combination. For purchase-credit deteriorated assets, as required by CECL, the fair value mark is divided between an adjustment to par and an addition to the ACL. The addition to ACL is based on the application of management’s CECL methodology to the individual loans.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Fair Value Marks |
|
|
Purchase Price |
|
|
|
|
Commercial real estate |
|
$ |
163 |
|
|
$ |
(14 |
) |
|
$ |
149 |
|
|
|
|
Commercial and industrial |
|
|
4,549 |
|
|
|
(258 |
) |
|
|
4,291 |
|
|
|
|
Residential real estate |
|
|
7,053 |
|
|
|
(103 |
) |
|
|
6,950 |
|
|
|
|
Agricultural real estate |
|
|
9,644 |
|
|
|
(387 |
) |
|
|
9,257 |
|
|
|
|
Agricultural |
|
|
2,133 |
|
|
|
(7 |
) |
|
|
2,126 |
|
|
|
|
Consumer |
|
|
1,524 |
|
|
|
(6 |
) |
|
|
1,518 |
|
|
|
|
Total non-PCD loans |
|
$ |
25,066 |
|
|
$ |
(775 |
) |
|
$ |
24,291 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Discounts from Other Factors Excluding ACL |
|
|
Credit Marks
in ACL |
|
|
Purchase Price |
|
Commercial and industrial |
|
|
109 |
|
|
|
(14 |
) |
|
|
(9 |
) |
|
|
86 |
|
Residential real estate |
|
|
479 |
|
|
|
(48 |
) |
|
|
(43 |
) |
|
|
388 |
|
Agricultural real estate |
|
|
3,717 |
|
|
|
(419 |
) |
|
|
(330 |
) |
|
|
2,968 |
|
Agricultural |
|
|
244 |
|
|
|
(29 |
) |
|
|
(22 |
) |
|
|
193 |
|
Total PCD loans |
|
$ |
4,549 |
|
|
$ |
(510 |
) |
|
$ |
(404 |
) |
|
$ |
3,635 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Purchased Loans |
|
Purchase Price |
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
$ |
24,291 |
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
|
3,635 |
|
|
|
|
|
|
|
|
|
|
Total loans |
|
$ |
27,926 |
|
|
|
|
|
|
|
|
|
|
|
| Bank Of Kirksville [Member] |
|
| Business Acquisition [Line Items] |
|
| Summary of the Amounts of Assets Sold/Acquired and Liabilities Assumed Recognized at the Merger/Acquisition Date |
The following table summarizes the amounts of assets acquired and liabilities assumed by BOK on February 9, 2024.
|
|
|
|
|
Fair value of consideration: |
|
|
|
Cash |
|
$ |
44,304 |
|
|
|
$ |
44,304 |
|
Recognized amounts of identifiable assets acquired and
liabilities assumed: |
|
|
|
Cash and due from banks |
|
$ |
105,218 |
|
Available-for-sale securities |
|
|
164,629 |
|
Loans |
|
|
118,131 |
|
Premises and equipment |
|
|
3,473 |
|
Core deposit intangibles |
|
|
11,530 |
|
Other assets |
|
|
3,255 |
|
Total assets acquired |
|
|
406,236 |
|
Deposits |
|
|
349,777 |
|
Federal funds purchased and retail repurchase agreements |
|
|
8,818 |
|
Interest payable and other liabilities |
|
|
2,037 |
|
Total liabilities assumed |
|
|
360,632 |
|
Total identifiable net assets |
|
|
45,604 |
|
Bargain purchase gain |
|
|
(1,300 |
) |
|
|
$ |
44,304 |
|
|
| Schedule Of Business Acquisitions By Acquisition At Merger Date Table Text Block |
The following tables reconcile the par value of BOK loan portfolio as of the purchase date to the fair value indicated in the table above. For non-purchase credit deteriorated assets, the entire fair value adjustment including both interest and credit related components is recorded as an adjustment to par (“Fair Value Marks”) and reflected as an adjustment to the carrying value of that asset within the Consolidated Balance Sheet. Following purchase, an ACL is also established for these non-purchase credit deteriorated assets which is not reflected in this table as it is accounted for outside of the business combination. For purchase-credit deteriorated assets, as required by CECL, the fair value mark is divided between an adjustment to par and an addition to the ACL. The addition to ACL is based on the application of management’s CECL methodology to the individual loans.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Fair Value Marks |
|
|
Purchase Price |
|
|
|
|
Commercial real estate |
|
$ |
1,959 |
|
|
$ |
(85 |
) |
|
$ |
1,874 |
|
|
|
|
Commercial and industrial |
|
|
32,300 |
|
|
|
(578 |
) |
|
|
31,722 |
|
|
|
|
Residential real estate |
|
|
42,318 |
|
|
|
(1,182 |
) |
|
|
41,136 |
|
|
|
|
Agricultural |
|
|
37,641 |
|
|
|
(949 |
) |
|
|
36,692 |
|
|
|
|
Consumer |
|
|
1,373 |
|
|
|
(36 |
) |
|
|
1,337 |
|
|
|
|
Total non-PCD loans |
|
$ |
115,591 |
|
|
$ |
(2,830 |
) |
|
$ |
112,761 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
Loan Par Value |
|
|
Discounts from Other Factors Excluding ACL |
|
|
Credit Marks
in ACL |
|
|
Purchase Price |
|
Commercial and industrial |
|
$ |
1,366 |
|
|
$ |
(178 |
) |
|
$ |
(119 |
) |
|
$ |
1,069 |
|
Residential real estate |
|
|
2,044 |
|
|
|
(210 |
) |
|
|
(183 |
) |
|
|
1,651 |
|
Agricultural |
|
|
3,316 |
|
|
|
(472 |
) |
|
|
(284 |
) |
|
|
2,560 |
|
Consumer |
|
|
115 |
|
|
|
(15 |
) |
|
|
(10 |
) |
|
|
90 |
|
Total PCD loans |
|
$ |
6,841 |
|
|
$ |
(875 |
) |
|
$ |
(596 |
) |
|
$ |
5,370 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Purchased Loans |
|
Purchase Price |
|
|
|
|
|
|
|
|
|
|
Non-Purchase Credit Deteriorated Loans |
|
$ |
112,761 |
|
|
|
|
|
|
|
|
|
|
Purchase Credit Deteriorated Loans |
|
|
5,370 |
|
|
|
|
|
|
|
|
|
|
Total loans |
|
$ |
118,131 |
|
|
|
|
|
|
|
|
|
|
|