Acquisition Activities (Tables)

6 Months Ended

Jun. 30, 2026


	January 7, 2026
Assets:
Cash and due from banks	$	339,112
Investment securities available-for-sale		145,509
Other securities		10,397
Loans		1,906,984
Other real estate owned		6,548
Premises and equipment		21,306
Core deposit and trade name intangible		21,547
Other assets		50,380
Total assets acquired	$	2,501,783

Liabilities:
Total deposits	$	2,205,031
Other liabilities		23,420
Total liabilities assumed	$	2,228,451

Identifiable net assets acquired	$	273,332

Consideration:
NBHC common stock paid at January 7, 2026, closing price of $39.51	$	288,659
Cash		89,038
Purchase price paid		377,697
Effective settlement of pre-existing debt ⁽¹⁾		45,000
Total	$	422,697

Estimated goodwill created	$	149,365


(1)		The Company held $45.0 million in debt of Vista which was effectively settled by the acquisition.

The following table provides a summary of loans purchased as part of the Vista acquisition as of the acquisition date:


	Unpaid principal balance		Allowance for credit loss at acquisition		Net premium/ (discount) on acquired loans		Fair value
Purchased seasoned loans	$	1,892,686	$	(20,796)	$	(1,459)	$	1,870,431
PCD Loans		54,466		(11,139)		(6,774)		36,553
Total acquired loans	$	1,947,152	$	(31,935)	$	(8,233)	$	1,906,984