v3.26.1
Note 19 - Business Combinations - Acquisition of Conerstone Community Bancorp - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($)
Jul. 01, 2025
Dec. 31, 2025
Dec. 31, 2024
Goodwill   $ 24,215,000 $ 5,502,000
Cornerstone Community Bancorp [Member]      
Cash and cash equivalents $ 51,916,000    
Investment Securities 88,067,000    
Loans 462,489,000    
Core deposit intangible 11,610,000    
Bank premises and equipment 12,567,000    
Bank owned life insurance 16,399,000    
Other assets 16,300,000    
Total identifiable assets acquired 659,348,000    
Non-interest bearing 88,557,000    
Savings accounts 21,797,000    
Money market accounts 334,289,000    
Time accounts 136,239,000    
Total deposits 580,882,000    
FHLB borrowings 15,000,000    
Subordinated debentures 11,623,000    
Other liabilities 9,240,000    
Total liabilities assumed 616,745,000    
Net identifiable assets 42,603,000    
Book value of net assets acquired from Cornerstone 41,727,000    
Loans (net of Cornerstone's deferred costs/fees and allowance) (9,152,000)    
Bank premises and equipment (1,123,000)    
Core deposit intangible asset 11,610,000    
Subordinated debentures 379,000    
Time Deposits (556,000)    
Other (317,000)    
Total purchase accounting adjustments 841,000    
Deferred tax asset (tax effect of purchase accounting adjustments at 29.56% plus tax on cash paid on termination of stock options) 35,000    
Fair value of net identifiable assets acquired from Cornerstone 42,603,000    
Merger consideration (cash payments of $16.1 million and $45.2 million in stock) 61,316,000    
Less: fair value of net assets acquired from Cornerstone (42,603,000)    
Goodwill $ 18,713,000