Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.20.4
Subsequent Events
12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

NOTE 22. SUBSEQUENT EVENTS

         On January 8, 2021, we completed the previously announced sale of our Jacksboro branch location to First State Bank of Graham, Texas (the “Jacksboro branch sale”). The Jacksboro branch sale resulted in the sale of loans of approximately $3.5 million, deposits of approximately $5.1 million, and the real property of $1.5 million on which the branch was located. This sale resulted in net cash received of $60 thousand and a gain on sale of approximately $230 thousand.