Document and Entity Information - shares |
3 Months Ended | |
---|---|---|
Mar. 31, 2019 |
May 31, 2019 |
|
Document and Entity Information [Abstract] | ||
Entity Registrant Name | Red River Bancshares Inc | |
Entity Central Index Key | 0001071236 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Non-accelerated Filer | |
Document Type | 10-Q | |
Document Period End Date | Mar. 31, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus (i.e. Q1,Q2,Q3,FY) | Q1 | |
Amendment Flag | false | |
Entity Common Stock, Shares Outstanding | 7,300,246 | |
Entity Emerging Growth Category | true | |
Entity Small Business Category | true | |
Entity Ex Transition Period | true |
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- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'. No definition available.
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- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition Indicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated), (5) Smaller Reporting Accelerated Filer or (6) Smaller Reporting Company and Large Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicates that the company is a smaller reporting company with both a public float and revenues of less than $75 million. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Document and Entity Information [Abstract] No definition available.
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- Definition Amount of expenses incurred but not yet paid nor invoiced, and liabilities classified as other. No definition available.
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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The carrying amount of a life insurance policy on an officer, executive or employee for which the reporting entity (a bank) is entitled to proceeds from the policy upon death of the insured or surrender of the insurance policy. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of investment in equity security without readily determinable fair value. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate of all domestic and foreign interest-bearing deposit liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Junior Subordinated Notes, which have a lower priority than senior instruments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The face amount of loans that will be sold to other entities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of all domestic and foreign noninterest-bearing deposits liabilities held by the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The carrying amount as of the balance sheet date for the aggregate of other miscellaneous borrowings owed by the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares |
Mar. 31, 2019 |
Dec. 31, 2018 |
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Statement of Financial Position [Abstract] | ||
Preferred stock, shares authorized (in shares) | 1,000,000 | 1,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, shares authorized (in shares) | 30,000,000 | 30,000,000 |
Common stock, shares, issued (in shares) | 6,636,926 | 6,627,358 |
Common stock, shares, outstanding (in shares) | 6,636,926 | 6,627,358 |
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- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fees And Commissions, Debit Cards1 No definition available.
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- Definition Fees And Commissions, Depositor Accounts1 No definition available.
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- Definition Loan And Deposit Expense No definition available.
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- Definition Noninterest Income, Loans And Deposits No definition available.
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- Definition Noninterest Income, Mortgage Banking No definition available.
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- Definition Occupancy And Equipment Expense No definition available.
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- Definition Other Business Development Expenses No definition available.
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- Definition Technology Expense No definition available.
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Earnings on or other increases in the value of the cash surrender value of bank owned life insurance policies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of commission revenue from buying and selling securities on behalf of customers. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating dividend income on securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expenses incurred in the period for information technology and data processing products and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Aggregate amount of interest expense on all borrowings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest expense incurred during the reporting period on junior subordinated debentures. Includes amortization of expenses incurred in the issuance of subordinated notes and debentures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income, amortization of premium and accretion of discount, on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), investment in debt security measured at amortized cost (held-to-maturity) and investment in debt security measured at fair value with change in fair value recognized in net income (trading); classified as operating. No definition available.
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- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of operating interest income (expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest income on federal funds sold. Federal funds sold represent the excess federal funds held by one commercial bank which it lends to another commercial bank, usually at an agreed-upon (federal funds) rate of interest. Such loans generally are of short-duration (overnight). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of noninterest expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense related to estimated loss from loan and lease transactions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of tax expense classified as other. No definition available.
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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (Parenthetical) |
12 Months Ended |
---|---|
Dec. 31, 2018 | |
Income Statement [Abstract] | |
Conversion ratio | 2 |
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- References No definition available.
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- Definition Ratio applied to the conversion of stock split, for example but not limited to, one share converted to two or two shares converted to one. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | |
---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
|
Statement of Comprehensive Income [Abstract] | ||
Net income | $ 5,696 | $ 5,231 |
Other comprehensive income (loss): | ||
Unrealized net gains (loss) on securities arising during period | 4,918 | (4,245) |
Tax effect | (1,033) | 907 |
Less: Gains included in net income | 0 | (41) |
Tax effect | 0 | 9 |
Total other comprehensive income (loss) | 3,885 | (3,370) |
Comprehensive income | $ 9,581 | $ 1,861 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands |
Total |
Common Stock |
Retained Earnings |
Accumulated Other Comprehensive Income (Loss) |
|||
---|---|---|---|---|---|---|---|
Balance in the beginning of period at Dec. 31, 2017 | $ 178,103 | $ 45,539 | $ 137,949 | $ (5,385) | |||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||
Net income | 5,231 | 5,231 | |||||
Stock incentive plan expense | 47 | 47 | |||||
Issuance of shares of common stock as board compensation | [1] | 92 | 92 | ||||
Cash dividend | [1] | (1,009) | (1,009) | ||||
Other comprehensive income (loss) | (3,370) | (3,370) | |||||
Balance at the end of period at Mar. 31, 2018 | 179,094 | 45,631 | 142,218 | (8,755) | |||
Balance in the beginning of period at Dec. 31, 2018 | 193,703 | 41,094 | 160,115 | (7,506) | |||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||
Net income | 5,696 | 5,696 | |||||
Stock incentive plan expense | 49 | 49 | |||||
Issuance of 7,200 shares of common stock through exercise of stock options | 80 | 80 | |||||
Issuance of shares of common stock as board compensation | 97 | 97 | |||||
Cash dividend | (1,326) | (1,326) | |||||
Other comprehensive income (loss) | 3,885 | 3,885 | |||||
Balance at the end of period at Mar. 31, 2019 | $ 202,184 | $ 41,271 | $ 164,534 | $ (3,621) | |||
|
X | ||||||||||
- Definition Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
|
X | ||||||||||
- Definition Value of stock issued as a result of the exercise of stock options. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) |
3 Months Ended | |
---|---|---|
Mar. 31, 2019
$ / shares
shares
|
Mar. 31, 2018
$ / shares
shares
|
|
Cash dividends (in dollars per share) | $ / shares | $ 0.20 | $ 0.15 |
Common stock issued through stock incentives (in shares) | 7,200 | |
Common Stock | ||
Common stock issued as board compensation (in shares) | 2,368 | 1,226 |
X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
|
X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Details
|
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
Mar. 31, 2019 |
Dec. 31, 2018 |
Mar. 31, 2018 |
|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net income | $ 5,696 | $ 5,231 | ||||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation | 424 | 417 | ||||
Amortization | 113 | 112 | ||||
Share-based compensation earned | 49 | 47 | ||||
Share-based board compensation earned | 97 | 92 | ||||
(Gain) loss on sale of other assets owned | (20) | 6 | ||||
Net (accretion) amortization on AFS securities | 283 | 350 | ||||
Net (accretion) amortization on HTM securities | 0 | 4 | ||||
Gains on sales of AFS securities | 0 | (41) | ||||
Provision for loan losses | 526 | 411 | $ 1,990 | |||
Net (increase) decrease in loans held for sale | 694 | (1,156) | ||||
Net (increase) decrease in accrued interest receivable | 25 | 451 | ||||
Net (increase) decrease in BOLI | (133) | (137) | ||||
Net increase (decrease) in accrued interest payable | 210 | (55) | ||||
Other operating activities, net | 1,759 | 1,791 | ||||
Net cash provided by operating activities | 9,723 | 7,523 | ||||
Activity in AFS securities: | ||||||
Sales | 0 | 3,168 | ||||
Maturities, prepayments and calls | 17,005 | 13,208 | ||||
Purchases | (23,845) | 0 | ||||
Activity in HTM securities: | ||||||
Maturities, prepayments and calls | 0 | 735 | ||||
Purchase of nonmarketable equity securities | (4) | (3) | ||||
Net increase in loans | (20,692) | (28,526) | ||||
Proceeds from sales of foreclosed assets | 333 | 7 | ||||
Purchases of premises and equipment | (767) | (250) | ||||
Net cash used in investing activities | (27,970) | (11,661) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Net increase in deposits | 45,551 | 34,348 | ||||
Repayments of other borrowed funds | 0 | (45) | ||||
Proceeds from exercise of stock options | 80 | 0 | ||||
Cash dividends | (1,326) | (1,009) | ||||
Net cash provided by financing activities | 44,305 | 33,294 | ||||
Net change in cash and cash equivalents | 26,058 | 29,156 | ||||
Cash and cash equivalents - beginning of period | 151,906 | 59,667 | 59,667 | |||
Cash and cash equivalents - end of period | 177,964 | 88,823 | 151,906 | |||
CASH AND CASH EQUIVALENTS INCLUDE | ||||||
Cash and due from banks | $ 32,371 | $ 34,070 | $ 16,049 | |||
Interest-bearing deposits in other banks | 145,593 | 117,836 | 72,774 | |||
CASH AND CASH EQUIVALENTS | 151,906 | 59,667 | $ 151,906 | $ 177,964 | $ 151,906 | $ 88,823 |
Cash paid during the year for: | ||||||
Interest | 2,242 | 1,717 | ||||
Income taxes | 0 | 0 | ||||
Initial measurement and recognition of operating lease assets in exchange for lease liabilities | $ 4,954 | $ 0 |
X | ||||||||||
- Definition Amortization (Accretion) Of Debt Securities Available For Sale No definition available.
|
X | ||||||||||
- Definition Amortization (Accretion) On Held To Maturity Securities No definition available.
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X | ||||||||||
- Definition cash Paid During The Year [Abstract] No definition available.
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X | ||||||||||
- Definition Increase (Decrease) In Bank Owned Life Insurance No definition available.
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X | ||||||||||
- Definition Payment To Acquire Nonmarketable Equity Securities No definition available.
|
X | ||||||||||
- Definition Share-based Payment Arrangement, Board Compensation, Noncash Expense No definition available.
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X | ||||||||||
- Definition The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of unrealized and realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). No definition available.
|
X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of other assets. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The net cash inflow or outflow for the increase (decrease) in the beginning and end of period deposits balances. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The increase (decrease) during the reporting period in the value of loans or securitized loans that are held with the intention to sell in the near future. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition The net amount paid or received by the reporting entity associated with purchase (sale or collection) of loans receivable arising from the financing of goods and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash outflow to acquire investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash inflow from maturity, prepayment and call of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The cash inflow associated with the maturity, prepayments and calls (requests for early payments) of debt securities designated as held-to-maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash inflow from sale of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The cash inflow from the sale assets received in full or partial satisfaction of a receivable including real and personal property; equity interests in corporations, partnerships, and joint ventures; and beneficial interests in trusts. Foreclosed assets also include loans that are treated as if the underlying collateral had been foreclosed because the institution has taken possession of the collateral, even though legal foreclosure or repossession proceedings have not taken place. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash inflow from exercise of option under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of expense related to estimated loss from loan and lease transactions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of cash outflow for the payment of debt classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount of increase in right-of-use asset obtained in exchange for operating lease liability. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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X | ||||||||||
- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Summary of Significant Accounting Policies |
3 Months Ended |
---|---|
Mar. 31, 2019 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements of the Company were prepared in accordance with GAAP for interim financial information, general practices within the financial services industry, and with instructions for Form 10-Q and Regulation S-X. Accordingly, these interim financial statements do not include all of the information or footnotes required by GAAP for annual financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the interim periods disclosed herein are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto for the year ended December 31, 2018, included in the Company’s Prospectus filed with the SEC on May 3, 2019, relating to its IPO. Certain prior period amounts have been reclassified to conform to the current period presentation. These changes in presentation did not have a material impact on the Company's financial condition or results of operations. Critical Accounting Policies and Estimates There were no material changes or developments during the reporting period with respect to methodologies the Company uses when applying critical accounting policies and developing critical accounting estimates as disclosed in Note 1 of the Notes to the Consolidated Financial Statements for the year ended December 31, 2018, that were included in the Company's Prospectus as filed with the SEC on May 3, 2019. In preparing the financial statements, the Company is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Company’s financial condition, results of operations, comprehensive income, changes in stockholders’ equity, and cash flows for the interim period presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.Accounting Standards Adopted in 2019 As of January 1, 2019, the Company adopted ASU No. 2016-02, Leases (Topic 842) and the related amendments using the modified retrospective approach. The primary purpose of this ASU was to increase the transparency and comparability among organizations by recognizing a lease liability related to the lessee's obligation to make lease payments based on a lease contract, and a right-of-use asset related to the lessee's right to use the leased asset for the term of the lease. The Company recorded right-of-use assets and corresponding lease liabilities of $4.9 million at the time of adoption. The required disclosures are included in Note 5 to these unaudited consolidated financial statements. ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 permits hedge accounting for risk components in hedging relationships involving nonfinancial risk and interest rate risk. It also changes the guidance for designating fair value hedges of interest rate risk and for measuring the change in fair value of the hedged item in fair value hedges of interest rate risk. In addition to the amendments to the designation and measurement guidance for qualifying hedging relationships, the amendments in this ASU also align the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. This ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. ASU 2017-12 became effective for the Company on January 1, 2019 and did not have a material impact on our financial statements as the Company does not utilize derivatives as of March 31, 2019. Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 sets forth the CECL model requiring the Company to measure all expected credit losses for financial instruments held as of the reporting date based on historical experience, current conditions, and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public business entities that are SEC registrants, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company continues to evaluate the impact of this ASU on the consolidated financial statements and disclosures. In that regard, the Company has formed a cross functional working group and is currently working through its implementation plan which includes assessment and documentation of processes, internal controls, and data sources; model development and documentation; and implementation of a third-party vendor solution to assist in the application of ASU 2016-13.
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- References No definition available.
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- Definition The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Securities |
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Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Securities | Securities Securities held for indefinite periods of time are classified as AFS and carried at estimated fair value. The Company does not hold HTM securities. The amortized cost and estimated fair values of securities AFS are summarized in the following tables (in thousands):
The amortized costs and estimated market values of debt securities as of March 31, 2019, by contractual maturity, are shown below (in thousands). Expected maturities may differ from contractual maturities because issuers have the right to call or repay obligations with or without call or prepayment penalties.
Information pertaining to securities with gross unrealized losses as of March 31, 2019 and December 31, 2018, aggregated by investment category and length of time that individual securities have been in a continuous loss position is described as follows (in thousands):
The number of investment positions in an unrealized loss position totaled 260 as of March 31, 2019. The aggregate unrealized loss of these securities as of March 31, 2019, was 1.58% of the amortized cost basis of the total AFS securities portfolio. Management and the Asset-Liability Committee continually monitor the securities portfolio and are able to effectively measure and monitor the unrealized loss positions on these securities. Management does not intend to sell these securities prior to recovery, and it is more likely than not that the Company will have the ability to hold them until each security has recovered its cost basis, as the Company's current liquidity position is more than adequate. The unrealized losses of these securities has been determined by management to be a function of the movement of interest rates since the time of purchase. Based on review of available information, including recent changes in interest rates and credit rating information, management believes the declines in fair value of these securities are temporary. The Company does not consider these securities to have OTTI. Management evaluates securities for OTTI on at least a quarterly basis, and more frequently if economic or market concerns merit such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost; (2) the financial condition and near-term prospects of the issuer; and (3) whether the Company intends to, and it is more likely than not that it will be able to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Additionally, the Company annually performs a detailed credit review of the municipal securities owned to identify any potential credit concerns. There were no OTTI losses on debt securities related to credit losses recognized during the three months ended March 31, 2019 or the year ended December 31, 2018. Pledged Securities Securities with carrying values of approximately $99.9 million and $93.5 million were pledged to secure public deposits, as of March 31, 2019 and December 31, 2018, respectively.
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- References No definition available.
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- Definition The entire disclosure for investments in certain debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality |
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Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loans and Asset Quality | Loans and Asset Quality Loans Total loans held for investment by category and loans held for sale are summarized below (in thousands):
Allowance for Loan Losses The following table summarizes the activity in the allowance for loan losses by category for the three months ended March 31, 2019 (in thousands):
The following table summarizes the activity in the allowance for loan losses by category for the twelve months ended December 31, 2018 (in thousands):
The balance in the allowance for loan losses and the related recorded investment in loans by category as of March 31, 2019, are as follows (in thousands):
The balance in the allowance for loan losses and the related recorded investment in loans by category as of December 31, 2018, are as follows (in thousands):
Commitments to Extend Credit Commitments to extend credit are agreements to lend to a customer if all conditions of the commitment have been met. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if it is deemed necessary by the Company upon extension of credit, is based on management’s evaluation of the customer’s ability to repay. As of March 31, 2019, unfunded loan commitments totaled approximately $235.8 million. As of December 31, 2018, unfunded loan commitments totaled approximately $231.5 million. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing, and similar transactions. As of March 31, 2019, commitments under standby letters of credit totaled approximately $14.0 million. As of December 31, 2018, commitments under standby letters of credit totaled approximately $11.6 million. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Past Due and Nonaccrual Loans A summary of current, past due, and nonaccrual loans as of March 31, 2019, is as follows (in thousands):
A summary of current, past due, and nonaccrual loans as of December 31, 2018, is as follows (in thousands):
Impaired Loans Impaired loans include TDRs and performing and nonperforming loans. Information pertaining to impaired loans as of March 31, 2019, is as follows (in thousands):
Information pertaining to impaired loans as of December 31, 2018, is as follows (in thousands):
The interest income recognized on impaired loans for the three months ended March 31, 2019 and March 31, 2018 was $172,000 and $181,000, respectively. Troubled Debt Restructurings The restructuring of a loan is considered a TDR if the borrower is experiencing financial difficulties and the bank has granted a concession. Concessions grant terms to the borrower that would not be offered for new debt with similar risk characteristics. Concessions typically include interest rate reductions or below market interest rates, revising amortization schedules to defer principal and interest payments, and other changes necessary to provide payment relief to the borrower and minimize the risk of loss. There were no unfunded commitments to extend credit related to these loans. A summary of current, past due, and nonaccrual TDR loans as of March 31, 2019, is as follows (dollars in thousands):
A summary of current, past due, and nonaccrual TDR loans as of December 31, 2018, is as follows (dollars in thousands):
A summary of loans modified as TDRs that occurred during the three months ended March 31, 2019 and March 31, 2018, is as follows (dollars in thousands):
The TDRs described above did not increase the allowance for loan losses as of March 31, 2019 and March 31, 2018. Additionally, there were no defaults on loans during the three months ended March 31, 2019 or March 31, 2018, that had been modified in a TDR during the prior twelve months. Credit Quality Indicators Loans are categorized based on the degree of risk inherent in the credit and the ability of the borrower to service the debt. A description of the general characteristics of the Bank’s risk rating grades follows: Pass - These ratings are assigned to loans with a risk level ranging from very low to acceptable based on the borrower’s financial condition, financial trends, management strength, and collateral quality. Special Mention - This category includes loans with potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan. Substandard - Loans in this category have well defined weaknesses which jeopardize normal repayment of principal and interest. Doubtful - Loans in this category have well defined weaknesses that make full collection improbable. Loss - Loans classified in this category are considered uncollectible and charged-off to the allowance for loan losses. The following table summarizes loans by risk rating as of March 31, 2019 (in thousands):
The following table summarizes loans by risk rating as of December 31, 2018 (in thousands):
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- Definition The entire disclosure for financing receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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Junior Subordinated Debentures |
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Junior Subordinated Debentures | Junior Subordinated Debentures The Company has issued $11.3 million of floating rate junior subordinated debentures and is the sponsor of three wholly owned business trusts: Trust II, Trust III, and FBT CT I. On April 1, 2013, the Company assumed $5.0 million of floating rate junior subordinated debentures and FBT CT I in conjunction with its acquisition of Fidelity Bancorp, Inc. These trusts have issued a total of $11.0 million of floating rate capital securities (trust preferred securities) to investors and a total of $341,000 of common securities to the Company. As of March 31, 2019 and December 31, 2018, junior subordinated debentures were as follows (in thousands):
The trust preferred securities represent an interest in the Company’s junior subordinated debentures, which were purchased by the business trusts and have substantially the same payment terms as the trust preferred securities. The junior subordinated debentures are the only assets of the trusts and interest payments from the debentures, payable quarterly, finance the distributions paid on the trust preferred securities. The junior subordinated debentures are redeemable prior to the maturity date, at the option of the Company, in whole or in part, subject to the terms of the trust indentures.
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- References No definition available.
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- Definition The entire disclosure for borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC's uniform net capital rule, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Leases |
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Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leases | Leases The Company determines if an arrangement is a lease at inception of the contract and assesses the appropriate classification as operating or financing. Operating leases with terms greater than one year are included in right-of-use assets and lease liabilities on the Company's consolidated balance sheets. Agreements with both lease and non-lease components are accounted for separately, with only the lease component capitalized. Operating right-of-use assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the term using the interest rate implicit in the contract, when available, or the Company's incremental collateralized borrowing rate with similar terms. The Company maintains six operating leases on land and buildings for banking center facilities under long-term leases. These operating leases contain renewal options for periods ranging from three to five years that expire at various dates through October 31, 2031, with no residual value guarantees. Future obligations relating to the exercise of renewal options is included in the measurement if, based on the judgment of management, the renewal option is reasonably certain to be exercised. Factors in determining whether an option is reasonably certain of exercise include, but are not limited to, the value of leasehold improvements, the value of the renewal rate compared to market rates, and the presence of factors that would cause a significant economic penalty to the Company if the option is not exercised. Management reasonably plans to exercise all options, and as such, all renewal options are included in the measurement of the right-of-use assets and operating lease liabilities. As of March 31, 2019, the Company had right-of-use assets of $4.8 million and lease liabilities of $4.9 million. ASC 842, Leases provides several practical expedients available for use in transition. The Company elected to use the standard’s package of practical expedients, which allows the use of previous conclusions about lease identification, lease classification, and the accounting treatment for initial direct costs. The Company also elected the short-term lease recognition exemption for all leases with lease terms of one year or less. Therefore, the Company will not recognize right-of-use assets or lease liabilities on the consolidated balance sheets for such leases. Operating lease expenses for operating leases accounted for under ASC 842, Leases for the three months ended March 31, 2019, were approximately $137,000, and are included as a component of occupancy and equipment expenses within the accompanying consolidated statements of income. Accounting for leases in accordance with ASC 842, Leases has not had a material impact on the consolidated statements of income, and is not expected to in future periods. The table below summarizes other information related to the Company's operating leases as of and for the three months ended March 31, 2019 (dollars in thousands):
Future obligations over the primary and renewal option terms of the Company’s long-term operating leases as of March 31, 2019, are as follows (in thousands):
The Company's obligations under financing leases are not material and have not been included in assets and liabilities in the financial statements.
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- References No definition available.
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Fair Value |
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Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value | Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair Value Disclosure AFS securities and loans held for sale are recorded at fair value on a recurring basis. Additionally, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans, foreclosed assets, and other certain assets. The nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. ASC 820, Fair Value Measurements and Disclosures, indicates that assets and liabilities are recorded at fair value according to a fair value hierarchy comprised of three levels: Level 1 pricing represents quotes on the exact financial instrument that is traded in active markets. Quoted prices on actively traded equities, for example, are in this category. Level 2 pricing is derived from observable data including market spreads, current and projected rates, prepayment data, and credit quality. The valuation may be based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 pricing is derived without the use of observable data. In such cases, mark-to-model strategies are typically employed. Often, these types of instruments have no active market, possess unique characteristics, and are thinly traded. The Company used the following methods and significant assumptions to estimate fair value: Investment Securities and other Stocks: The fair values for marketable securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Loans Held for Sale: Residential mortgage loans originated and held for sale are carried at the lower of cost or estimated fair value on an individual basis. The fair values of mortgage loans held for sale are based on commitments on hand from investors within the secondary market for loans with similar characteristics. As such, the fair value adjustments for mortgage loans held for sale are recurring Level 2. Loans Held for Investment: The Company does not record loans held for investment at fair value on a recurring basis. However, from time to time, a loan may be considered impaired and an allowance for loan losses may be established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment using estimated fair value methodologies. The fair value of impaired loans is estimated using one of several methods including collateral value, market value of similar debt, enterprise value, liquidation value, and discounted cash flows. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company considers the impaired loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the impaired loan as nonrecurring Level 3. Foreclosed Assets: Foreclosed assets, consisting of properties obtained through foreclosure or in satisfaction of loans, are reported at fair value, determined on the basis of current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for estimated selling costs (Level 2). However, foreclosed assets are considered Level 3 in the fair value hierarchy because management has qualitatively applied a discount due to the size, supply of inventory, and the incremental discounts applied to the appraisals. Management also considers other factors, including changes in absorption rates, length of time the property has been on the market, and anticipated sales values, which have resulted in adjustments to the collateral value estimates indicated in certain appraisals. The table below presents the recorded amount of assets measured at fair value on a recurring basis (in thousands):
There were no transfers between Level 1, 2, or 3 during the three months ended March 31, 2019 and the year ended December 31, 2018. The following table presents the recorded amount of assets measured at fair value on a nonrecurring basis (in thousands):
The Company had no liabilities measured at fair value on a nonrecurring basis. The unobservable inputs used for the Level 3 fair value measurements on a nonrecurring basis are as follows:
The carrying amounts and estimated fair values of financial instruments, as of March 31, 2019 and December 31, 2018 were as follows (in thousands):
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- References No definition available.
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- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Regulatory Capital Requirements |
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Banking and Thrift [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Regulatory Capital Requirements | Regulatory Capital Requirements The Bank is subject to various regulatory capital requirements administered by the FDIC. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of its assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Bank is also subject to Basel III capital guidelines. Basel III requires certain minimum ratios in order to be considered adequately capitalized. In addition, a capital conservation buffer, comprised of common equity Tier 1 capital, was established above the minimum regulatory capital requirements. This capital conservation buffer was phased in beginning January 1, 2016 at 0.625% of risk-weighted assets and increased each subsequent year by an additional 0.625% until reaching its final level of 2.5% on January 1, 2019. Strict eligibility criteria for regulatory capital instruments were also implemented under the Basel III. It is management’s belief that, as of March 31, 2019, the Bank met all capital adequacy requirements under Basel III. The most recent notification from the FDIC (as of March 31, 2018) categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be classified as well capitalized, the Bank must maintain minimum total risk-based capital, Tier I risk-based capital, common equity Tier I capital, and leverage ratios. Management expects that the capital ratios for the Bank under Basel III will continue to exceed the adequately capitalized requirements. Capital amounts and ratios as of March 31, 2019 and December 31, 2018 for the Bank are presented in the following table (in thousands):
As a general matter, bank holding companies are subject to capital adequacy requirements under applicable Federal Reserve regulations. However, bank holding companies which qualify as "small bank holding companies" under the Federal Reserve's Small Bank Holding Company Policy Statement are exempt from the Federal Reserve's capital adequacy guidelines at the holding company level. In May 2018, the Economic Growth Act was enacted, and it increased the asset threshold for "small bank holding companies" from $1.0 billion to $3.0 billion. Because the Company has less than $3.0 billion in assets, it is no longer subject to capital adequacy guidelines on a consolidated basis. Although the minimum regulatory capital requirements are no longer applicable to the Company, the Company calculates these ratios for its own planning and monitoring purposes. Capital amounts and ratios as of March 31, 2019 and December 31, 2018 for the Company are presented in the following table (in thousands):
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- References No definition available.
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- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Equity Events |
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Mar. 31, 2019 | |
Equity [Abstract] | |
Equity Events | Equity Events Cash Dividends The ability of Red River Bank to pay dividends on its common stock is restricted by Louisiana Banking Law, the FDIA, and by FDIC regulations. In general, the board of directors of a Louisiana state bank may, quarterly, semiannually, or annually, declare or pay dividends on its outstanding capital stock, provided that the bank has surplus at least equal to 50.0% of its capital stock and such surplus will not be reduced below 50.0% following payment of the dividend. Prior approval of the Louisiana Office of Financial Institutions is required for a Louisiana state bank to pay any dividend that would exceed its net profits earned during the current year combined with its retained net profits of the immediately preceding year. In general terms, the FDIA and FDIC regulations restrict the payment of dividends when a bank is undercapitalized, when a bank has failed to pay insurance assessments, or when there are safety and soundness concerns regarding a bank. The Bank and the Company have internal policies to not ordinarily pay dividends if following the payment, the entity would not be “well-capitalized” under all applicable measurement ratios calculated pursuant to the regulatory capital adequacy guidelines. The exception to this policy is in situations where the payment of a dividend is necessary for the Company to be able to meet its obligations and as long as after such payment the Bank would still be considered “adequately-capitalized” under the regulatory capital adequacy guidelines. Taking into consideration the Company's performance and capital levels, dividends were paid in both 2018 and 2019. In May 2018, the Company paid a cash dividend of $0.15 per share, adjusted for the 2018 2-for-1 stock split, to shareholders of record as of March 31, 2018. In February 2019, the Company paid a cash dividend of $0.20 per share to shareholders of record as of January 31, 2019. Stock split In 2018, the Board of Directors authorized a 2-for-1 stock split that was accomplished by a stock dividend with a record date of October 1, 2018, whereby each holder of record of the Company's common stock received one additional share of common stock for each share owned as of such date. This transaction is referred to in this report as the 2018 2-for-1 stock split.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Earnings Per Common Share |
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Earnings Per Common Share | Earnings Per Common Share Basic EPS is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits. Diluted EPS includes accrued but unissued shares relating to the Directors’ Compensation Program, stock options, and restricted stock using the treasury stock method. The dilutive EPS calculation assumes all outstanding stock options to purchase common stock have been exercised at the beginning of the year and the pro forma proceeds from the exercised options and restricted stock are used to purchase common stock at the average fair market valuation price. The computations of basic and diluted earnings per common share for the Company were as follows (in thousands, except share amounts):
(1) 2018 amounts adjusted to give effect to the 2018 2-for-1 stock split
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- References No definition available.
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- Definition The entire disclosure for earnings per share. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Subsequent Events |
3 Months Ended |
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Mar. 31, 2019 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events The Company's common stock began trading on May 3, 2019 on the Nasdaq Global Select Market under the symbol "RRBI." On May 7, 2019, the Company completed an IPO of its common stock at a public offering price of $45.00 per share. A total of 690,000 shares of the Company's common stock were sold in the IPO, of which the Company sold 663,320 shares (including 90,000 shares sold pursuant to the exercise of the underwriters' option to purchase additional shares) and certain shareholders sold 26,680 shares. The Company received net proceeds of approximately $26.8 million in the offering.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Summary of Significant Accounting Policies (Policies) |
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Mar. 31, 2019 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying unaudited consolidated financial statements of the Company were prepared in accordance with GAAP for interim financial information, general practices within the financial services industry, and with instructions for Form 10-Q and Regulation S-X. Accordingly, these interim financial statements do not include all of the information or footnotes required by GAAP for annual financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the interim periods disclosed herein are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto for the year ended December 31, 2018, included in the Company’s Prospectus filed with the SEC on May 3, 2019, relating to its IPO.
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Reclassification | Certain prior period amounts have been reclassified to conform to the current period presentation. These changes in presentation did not have a material impact on the Company's financial condition or results of operations.
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Critical Accounting Policies and Estimates | Critical Accounting Policies and Estimates There were no material changes or developments during the reporting period with respect to methodologies the Company uses when applying critical accounting policies and developing critical accounting estimates as disclosed in Note 1 of the Notes to the Consolidated Financial Statements for the year ended December 31, 2018, that were included in the Company's Prospectus as filed with the SEC on May 3, 2019. In preparing the financial statements, the Company is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Company’s financial condition, results of operations, comprehensive income, changes in stockholders’ equity, and cash flows for the interim period presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.
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Accounting Standards Adopted in 2019 and Recent Accounting Pronouncements | Accounting Standards Adopted in 2019 As of January 1, 2019, the Company adopted ASU No. 2016-02, Leases (Topic 842) and the related amendments using the modified retrospective approach. The primary purpose of this ASU was to increase the transparency and comparability among organizations by recognizing a lease liability related to the lessee's obligation to make lease payments based on a lease contract, and a right-of-use asset related to the lessee's right to use the leased asset for the term of the lease. The Company recorded right-of-use assets and corresponding lease liabilities of $4.9 million at the time of adoption. The required disclosures are included in Note 5 to these unaudited consolidated financial statements. ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 permits hedge accounting for risk components in hedging relationships involving nonfinancial risk and interest rate risk. It also changes the guidance for designating fair value hedges of interest rate risk and for measuring the change in fair value of the hedged item in fair value hedges of interest rate risk. In addition to the amendments to the designation and measurement guidance for qualifying hedging relationships, the amendments in this ASU also align the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. This ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. ASU 2017-12 became effective for the Company on January 1, 2019 and did not have a material impact on our financial statements as the Company does not utilize derivatives as of March 31, 2019. Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 sets forth the CECL model requiring the Company to measure all expected credit losses for financial instruments held as of the reporting date based on historical experience, current conditions, and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public business entities that are SEC registrants, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company continues to evaluate the impact of this ASU on the consolidated financial statements and disclosures. In that regard, the Company has formed a cross functional working group and is currently working through its implementation plan which includes assessment and documentation of processes, internal controls, and data sources; model development and documentation; and implementation of a third-party vendor solution to assist in the application of ASU 2016-13.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). No definition available.
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X | ||||||||||
- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
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X | ||||||||||
- Definition Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Securities (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of debt securities available for sale | The amortized cost and estimated fair values of securities AFS are summarized in the following tables (in thousands):
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Schedule of maturities of securities available for sale | The amortized costs and estimated market values of debt securities as of March 31, 2019, by contractual maturity, are shown below (in thousands). Expected maturities may differ from contractual maturities because issuers have the right to call or repay obligations with or without call or prepayment penalties.
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Schedule of debt securities available for sale in unrealized loss position | Information pertaining to securities with gross unrealized losses as of March 31, 2019 and December 31, 2018, aggregated by investment category and length of time that individual securities have been in a continuous loss position is described as follows (in thousands):
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X | ||||||||||
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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X | ||||||||||
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. No definition available.
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- References No definition available.
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Loans and Asset Quality (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of loans information | Total loans held for investment by category and loans held for sale are summarized below (in thousands):
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Schedule of allowance for credit losses | The balance in the allowance for loan losses and the related recorded investment in loans by category as of March 31, 2019, are as follows (in thousands):
The balance in the allowance for loan losses and the related recorded investment in loans by category as of December 31, 2018, are as follows (in thousands):
The following table summarizes the activity in the allowance for loan losses by category for the three months ended March 31, 2019 (in thousands):
The following table summarizes the activity in the allowance for loan losses by category for the twelve months ended December 31, 2018 (in thousands):
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Schedule of financing receivable past due | A summary of current, past due, and nonaccrual loans as of March 31, 2019, is as follows (in thousands):
A summary of current, past due, and nonaccrual loans as of December 31, 2018, is as follows (in thousands):
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Schedule of impaired financing receivable | Information pertaining to impaired loans as of March 31, 2019, is as follows (in thousands):
Information pertaining to impaired loans as of December 31, 2018, is as follows (in thousands):
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Schedule of TDRs | A summary of current, past due, and nonaccrual TDR loans as of March 31, 2019, is as follows (dollars in thousands):
A summary of current, past due, and nonaccrual TDR loans as of December 31, 2018, is as follows (dollars in thousands):
A summary of loans modified as TDRs that occurred during the three months ended March 31, 2019 and March 31, 2018, is as follows (dollars in thousands):
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Schedule of financing receivable by credit risk | The following table summarizes loans by risk rating as of March 31, 2019 (in thousands):
The following table summarizes loans by risk rating as of December 31, 2018 (in thousands):
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X | ||||||||||
- Definition Tabular disclosure of allowance for credit loss on financing receivable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Tabular disclosure of impaired financing receivables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Tabular disclosure of aging analysis for financing receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Junior Subordinated Debentures (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of junior subordinated debentures | As of March 31, 2019 and December 31, 2018, junior subordinated debentures were as follows (in thousands):
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Leases (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Information about operating leases | The table below summarizes other information related to the Company's operating leases as of and for the three months ended March 31, 2019 (dollars in thousands):
|
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Schedule of maturity of operating lease liability | Future obligations over the primary and renewal option terms of the Company’s long-term operating leases as of March 31, 2019, are as follows (in thousands):
|
X | ||||||||||
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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Fair Value (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of fair value of assets measured on recurring basis | The table below presents the recorded amount of assets measured at fair value on a recurring basis (in thousands):
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Schedule of fair value of assets measured on nonrecurring basis | The following table presents the recorded amount of assets measured at fair value on a nonrecurring basis (in thousands):
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Schedule of inputs used for the Level 3 fair value measurement | The unobservable inputs used for the Level 3 fair value measurements on a nonrecurring basis are as follows:
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Schedule of carrying amounts and estimated fair values of financial instruments | The carrying amounts and estimated fair values of financial instruments, as of March 31, 2019 and December 31, 2018 were as follows (in thousands):
|
X | ||||||||||
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
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Regulatory Capital Requirements (Tables) |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Banking and Thrift [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of compliance with regulatory capital requirements under banking regulations | Capital amounts and ratios as of March 31, 2019 and December 31, 2018 for the Bank are presented in the following table (in thousands):
As a general matter, bank holding companies are subject to capital adequacy requirements under applicable Federal Reserve regulations. However, bank holding companies which qualify as "small bank holding companies" under the Federal Reserve's Small Bank Holding Company Policy Statement are exempt from the Federal Reserve's capital adequacy guidelines at the holding company level. In May 2018, the Economic Growth Act was enacted, and it increased the asset threshold for "small bank holding companies" from $1.0 billion to $3.0 billion. Because the Company has less than $3.0 billion in assets, it is no longer subject to capital adequacy guidelines on a consolidated basis. Although the minimum regulatory capital requirements are no longer applicable to the Company, the Company calculates these ratios for its own planning and monitoring purposes. Capital amounts and ratios as of March 31, 2019 and December 31, 2018 for the Company are presented in the following table (in thousands):
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Earnings Per Common Share (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of earnings per share | The computations of basic and diluted earnings per common share for the Company were as follows (in thousands, except share amounts):
(1) 2018 amounts adjusted to give effect to the 2018 2-for-1 stock split
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Jan. 01, 2019 |
---|---|---|
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||
Lease liabilities | $ 4,856 | |
Right-of-use assets | $ 4,844 | |
ASU 2016-02 | ||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||
Lease liabilities | $ 4,900 | |
Right-of-use assets | $ 4,900 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Details
|
Securities - Schedule of Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Debt Securities, Available-for-sale [Line Items] | ||
Amortized Cost | $ 323,937 | $ 317,379 |
Gross Unrealized Gains | 529 | 116 |
Gross Unrealized Losses | (5,113) | (9,618) |
Fair Value | 319,353 | 307,877 |
Mortgage-backed securities | ||
Debt Securities, Available-for-sale [Line Items] | ||
Amortized Cost | 219,112 | 221,799 |
Gross Unrealized Gains | 81 | 11 |
Gross Unrealized Losses | (3,922) | (7,122) |
Fair Value | 215,271 | 214,688 |
Municipal bonds | ||
Debt Securities, Available-for-sale [Line Items] | ||
Amortized Cost | 82,302 | 70,416 |
Gross Unrealized Gains | 387 | 94 |
Gross Unrealized Losses | (1,120) | (2,235) |
Fair Value | 81,569 | 68,275 |
U.S. agency securities | ||
Debt Securities, Available-for-sale [Line Items] | ||
Amortized Cost | 20,528 | 23,170 |
Gross Unrealized Gains | 47 | 6 |
Gross Unrealized Losses | (71) | (261) |
Fair Value | 20,504 | 22,915 |
U.S. Treasury securities | ||
Debt Securities, Available-for-sale [Line Items] | ||
Amortized Cost | 1,995 | 1,994 |
Gross Unrealized Gains | 14 | 5 |
Gross Unrealized Losses | 0 | 0 |
Fair Value | $ 2,009 | $ 1,999 |
X | ||||||||||
- Definition Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Securities - Schedule of AFS Debt Securities, By Maturity Date (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Amortized Cost | ||
Within one year | $ 10,636 | |
After one year but within five years | 50,140 | |
After five years but within ten years | 89,701 | |
After ten years | 173,460 | |
Amortized Cost | 323,937 | $ 317,379 |
Fair Value | ||
Within one year | 10,591 | |
After one year but within five years | 49,649 | |
After five years but within ten years | 88,653 | |
After ten years | 170,460 | |
Fair Value | $ 319,353 |
X | ||||||||||
- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in sixth fiscal year through tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in sixth through tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in second through fifth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in second through fifth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Fair value of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Fair value of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in remainder of fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. No definition available.
|
X | ||||||||||
- Definition Amortized cost of investment in debt security measured at fair value with change recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), maturing in next fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Securities - Schedule of Securities With Gross Unrealized Losses (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Debt Securities, Available-for-sale [Line Items] | ||
Gross Unrealized Losses, Less than twelve months | $ (41) | $ (164) |
Fair Value, Less than twelve months | 8,350 | 16,035 |
Gross Unrealized Losses, Twelve months or more | (5,072) | (9,454) |
Fair Value, Twelve months or more | 252,474 | 267,534 |
Mortgage-backed securities | ||
Debt Securities, Available-for-sale [Line Items] | ||
Gross Unrealized Losses, Less than twelve months | (26) | (75) |
Fair Value, Less than twelve months | 3,842 | 8,845 |
Gross Unrealized Losses, Twelve months or more | (3,896) | (7,047) |
Fair Value, Twelve months or more | 195,240 | 200,532 |
Municipal bonds | ||
Debt Securities, Available-for-sale [Line Items] | ||
Gross Unrealized Losses, Less than twelve months | (10) | (48) |
Fair Value, Less than twelve months | 3,557 | 3,389 |
Gross Unrealized Losses, Twelve months or more | (1,110) | (2,187) |
Fair Value, Twelve months or more | 44,388 | 52,879 |
U.S. agency securities | ||
Debt Securities, Available-for-sale [Line Items] | ||
Gross Unrealized Losses, Less than twelve months | (5) | (41) |
Fair Value, Less than twelve months | 951 | 3,801 |
Gross Unrealized Losses, Twelve months or more | (66) | (220) |
Fair Value, Twelve months or more | $ 12,846 | $ 14,123 |
X | ||||||||||
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for more than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Amount of accumulated unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for 12 months or longer, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for less than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Amount of accumulated unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for less than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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Securities - Narrative (Details) $ in Millions |
Mar. 31, 2019
USD ($)
security
|
Dec. 31, 2018
USD ($)
|
---|---|---|
Investments, Debt and Equity Securities [Abstract] | ||
Number of positions | security | 260 | |
Securities in a loss position as a percent of total AFS securities | 1.58% | |
Securities pledged to secure public deposits | $ | $ 99.9 | $ 93.5 |
X | ||||||||||
- Definition Debt Securities, Available For Sale, Unrealized Loss Position, Percent Of Total Debt Securities, Available For Sale No definition available.
|
X | ||||||||||
- Definition Amount of restricted investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Number of investments in debt securities measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- References No definition available.
|
Loans and Asset Quality - Total Loans Held for Investment by Category and Loans Held for Sale (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | $ 1,349,181 | $ 1,328,438 |
Loans held for sale | 2,210 | 2,904 |
Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 269,987 | 275,881 |
Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 56,838 | 60,104 |
Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 28,920 | 27,933 |
Commercial real estate | Real estate: | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 475,269 | 454,689 |
One-to-four family residential | Real estate: | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 406,823 | 406,963 |
Construction and development | Real estate: | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | $ 111,344 | $ 102,868 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition The face amount of loans that will be sold to other entities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality - Schedule of Allowance of Loan Losses By Category (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |
---|---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
|
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | $ 12,524 | $ 10,895 | $ 10,895 |
Provision for loan losses | 526 | 411 | 1,990 |
Loans Charged-off | (81) | (737) | |
Recoveries | 132 | 376 | |
Ending Balance | 13,101 | 12,524 | |
Real estate: | Commercial real estate | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 3,081 | 3,270 | 3,270 |
Provision for loan losses | (201) | (189) | |
Loans Charged-off | 0 | (27) | |
Recoveries | 0 | 27 | |
Ending Balance | 2,880 | 3,081 | |
Real estate: | One-to-four family residential | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 3,146 | 3,099 | 3,099 |
Provision for loan losses | (137) | (136) | |
Loans Charged-off | 0 | (4) | |
Recoveries | 1 | 187 | |
Ending Balance | 3,010 | 3,146 | |
Real estate: | Construction and development | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 951 | 852 | 852 |
Provision for loan losses | (57) | 99 | |
Loans Charged-off | 0 | 0 | |
Recoveries | 77 | 0 | |
Ending Balance | 971 | 951 | |
Commercial and industrial | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 4,604 | 2,836 | 2,836 |
Provision for loan losses | 991 | 2,112 | |
Loans Charged-off | 0 | (353) | |
Recoveries | 1 | 9 | |
Ending Balance | 5,596 | 4,604 | |
Tax-exempt | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 372 | 432 | 432 |
Provision for loan losses | (46) | (60) | |
Loans Charged-off | 0 | 0 | |
Recoveries | 0 | 0 | |
Ending Balance | 326 | 372 | |
Consumer | |||
Allowance for Loan and Lease Losses [Roll Forward] | |||
Beginning Balance | 370 | $ 406 | 406 |
Provision for loan losses | (24) | 164 | |
Loans Charged-off | (81) | (353) | |
Recoveries | 53 | 153 | |
Ending Balance | $ 318 | $ 370 |
X | ||||||||||
- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
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- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of expense related to estimated loss from loan and lease transactions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality - Schedule of Allowance for Loan Losses and the Related Recorded Investment in Loans by Category (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Allowance for loan losses: | ||
Individually Evaluated for Impairment | $ 3,610 | $ 2,617 |
Collectively Evaluated for Impairment | 9,491 | 9,907 |
Loans and Leases Receivable, Allowance | 13,101 | 12,524 |
Loans: | ||
Individually Evaluated for Impairment | 16,546 | 21,852 |
Collectively Evaluated for Impairment | 1,332,635 | 1,306,586 |
Loans held for investment | 1,349,181 | 1,328,438 |
Real estate: | Commercial real estate | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 133 | 206 |
Collectively Evaluated for Impairment | 2,747 | 2,875 |
Loans and Leases Receivable, Allowance | 2,880 | 3,081 |
Loans: | ||
Individually Evaluated for Impairment | 3,408 | 3,829 |
Collectively Evaluated for Impairment | 471,861 | 450,860 |
Loans held for investment | 475,269 | 454,689 |
Real estate: | One-to-four family residential | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 3 | 20 |
Collectively Evaluated for Impairment | 3,007 | 3,126 |
Loans and Leases Receivable, Allowance | 3,010 | 3,146 |
Loans: | ||
Individually Evaluated for Impairment | 1,150 | 2,348 |
Collectively Evaluated for Impairment | 405,673 | 404,615 |
Loans held for investment | 406,823 | 406,963 |
Real estate: | Construction and development | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 11 | 12 |
Collectively Evaluated for Impairment | 960 | 939 |
Loans and Leases Receivable, Allowance | 971 | 951 |
Loans: | ||
Individually Evaluated for Impairment | 53 | 55 |
Collectively Evaluated for Impairment | 111,291 | 102,813 |
Loans held for investment | 111,344 | 102,868 |
Commercial and industrial | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 3,440 | 2,304 |
Collectively Evaluated for Impairment | 2,156 | 2,300 |
Loans and Leases Receivable, Allowance | 5,596 | 4,604 |
Loans: | ||
Individually Evaluated for Impairment | 11,834 | 15,516 |
Collectively Evaluated for Impairment | 258,153 | 260,365 |
Loans held for investment | 269,987 | 275,881 |
Tax-exempt | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 0 | 0 |
Collectively Evaluated for Impairment | 326 | 372 |
Loans and Leases Receivable, Allowance | 326 | 372 |
Loans: | ||
Individually Evaluated for Impairment | 0 | 0 |
Collectively Evaluated for Impairment | 56,838 | 60,104 |
Loans held for investment | 56,838 | 60,104 |
Consumer | ||
Allowance for loan losses: | ||
Individually Evaluated for Impairment | 23 | 75 |
Collectively Evaluated for Impairment | 295 | 295 |
Loans and Leases Receivable, Allowance | 318 | 370 |
Loans: | ||
Individually Evaluated for Impairment | 101 | 104 |
Collectively Evaluated for Impairment | 28,819 | 27,829 |
Loans held for investment | 28,920 | 27,933 |
Acquired with Deteriorated Credit Quality | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Real estate: | Commercial real estate | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Real estate: | One-to-four family residential | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Real estate: | Construction and development | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Commercial and industrial | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Tax-exempt | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | 0 | 0 |
Acquired with Deteriorated Credit Quality | Consumer | ||
Allowance for loan losses: | ||
Loans and Leases Receivable, Allowance | 0 | 0 |
Loans: | ||
Loans held for investment | $ 0 | $ 0 |
X | ||||||||||
- Definition Allowance For Loans Losses [Abstract] No definition available.
|
X | ||||||||||
- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition The valuation allowance for financing receivables that are expected to be uncollectible that were collectively evaluated for impairment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of valuation allowance for financing receivables that are expected to be uncollectible that were individually evaluated for impairment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The balance of financing receivables that were collectively evaluated for impairment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The balance of financing receivables that were individually evaluated for impairment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality - Narrative (Details) - USD ($) $ in Thousands |
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
|
Loans and Leases Receivable Disclosure [Line Items] | |||
Interest income on impaired loans | $ 172 | $ 181 | |
Unfunded Loan Commitment | |||
Loans and Leases Receivable Disclosure [Line Items] | |||
Other commitments | 235,800 | $ 231,500 | |
Standby Letters of Credit | |||
Loans and Leases Receivable Disclosure [Line Items] | |||
Other commitments | $ 14,000 | $ 11,600 |
X | ||||||||||
- Definition The fair value of financial liabilities, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Amount of interest income recognized that the financing receivables (with related allowance for credit losses and without a related allowance for credit losses) were impaired. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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Loans and Asset Quality - Summary of Current, Past Due, and Nonaccrual Loans (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | $ 1,338,952 | $ 1,321,343 |
Nonaccrual | 5,445 | 5,560 |
Loans held for investment | 1,349,181 | 1,328,438 |
Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 472,597 | 452,477 |
Nonaccrual | 1,338 | 1,362 |
Loans held for investment | 475,269 | 454,689 |
Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 405,616 | 405,961 |
Nonaccrual | 340 | 424 |
Loans held for investment | 406,823 | 406,963 |
Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 111,291 | 102,776 |
Nonaccrual | 53 | 55 |
Loans held for investment | 111,344 | 102,868 |
Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 263,808 | 272,174 |
Nonaccrual | 3,670 | 3,675 |
Loans held for investment | 269,987 | 275,881 |
Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 56,838 | 60,104 |
Nonaccrual | 0 | 0 |
Loans held for investment | 56,838 | 60,104 |
Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Current | 28,802 | 27,851 |
Nonaccrual | 44 | 44 |
Loans held for investment | 28,920 | 27,933 |
30-89 Days Past Due | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 4,068 | 596 |
30-89 Days Past Due | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 677 | 0 |
30-89 Days Past Due | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 808 | 512 |
30-89 Days Past Due | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 0 | 36 |
30-89 Days Past Due | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 2,509 | 32 |
30-89 Days Past Due | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 0 | 0 |
30-89 Days Past Due | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 74 | 16 |
90 Days or More Past Due | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 716 | 939 |
90 Days or More Past Due | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 657 | 850 |
90 Days or More Past Due | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 59 | 66 |
90 Days or More Past Due | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 0 | 1 |
90 Days or More Past Due | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 0 | 0 |
90 Days or More Past Due | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | 0 | 0 |
90 Days or More Past Due | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Past Due | $ 0 | $ 22 |
X | ||||||||||
- Definition Amount of financing receivable not past due. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
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- Definition Amount of financing receivable on nonaccrual status. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of financing receivable past due. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
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- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality - Schedule of Loans Impaired (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended |
---|---|---|
Mar. 31, 2019 |
Dec. 31, 2018 |
|
Unpaid Principal Balance | ||
With no related allowance recorded: | $ 7,851 | $ 15,321 |
With allowance recorded: | 10,227 | 8,047 |
Total impaired loans | 18,078 | 23,368 |
Related Allowance | 3,610 | 2,617 |
Recorded Investment | ||
With no related allowance recorded: | 7,321 | 13,845 |
With allowance recorded: | 9,225 | 8,007 |
Total impaired loans | 16,546 | 21,852 |
Average Recorded Investment | ||
With no related allowance recorded: | 10,583 | 14,153 |
With allowance recorded: | 8,616 | 8,101 |
Total impaired loans | 19,199 | 22,254 |
Real estate: | Commercial real estate | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 2,631 | 2,376 |
With allowance recorded: | 923 | 1,584 |
Related Allowance | 133 | 206 |
Recorded Investment | ||
With no related allowance recorded: | 2,499 | 2,255 |
With allowance recorded: | 909 | 1,574 |
Average Recorded Investment | ||
With no related allowance recorded: | 2,378 | 2,470 |
With allowance recorded: | 1,241 | 1,715 |
Real estate: | One-to-four family residential | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 861 | 1,912 |
With allowance recorded: | 358 | 507 |
Related Allowance | 3 | 20 |
Recorded Investment | ||
With no related allowance recorded: | 802 | 1,855 |
With allowance recorded: | 348 | 493 |
Average Recorded Investment | ||
With no related allowance recorded: | 1,328 | 2,026 |
With allowance recorded: | 421 | 497 |
Real estate: | Construction and development | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 18 | 18 |
With allowance recorded: | 51 | 52 |
Related Allowance | 11 | 12 |
Recorded Investment | ||
With no related allowance recorded: | 15 | 16 |
With allowance recorded: | 38 | 39 |
Average Recorded Investment | ||
With no related allowance recorded: | 16 | 738 |
With allowance recorded: | 38 | 41 |
Commercial and industrial | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 4,329 | 11,003 |
With allowance recorded: | 8,803 | 5,809 |
Related Allowance | 3,440 | 2,304 |
Recorded Investment | ||
With no related allowance recorded: | 3,994 | 9,707 |
With allowance recorded: | 7,840 | 5,809 |
Average Recorded Investment | ||
With no related allowance recorded: | 6,850 | 8,909 |
With allowance recorded: | 6,825 | 5,813 |
Tax-exempt | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 0 | 0 |
With allowance recorded: | 0 | 0 |
Related Allowance | 0 | 0 |
Recorded Investment | ||
With no related allowance recorded: | 0 | 0 |
With allowance recorded: | 0 | 0 |
Average Recorded Investment | ||
With no related allowance recorded: | 0 | 0 |
With allowance recorded: | 0 | 0 |
Consumer | ||
Unpaid Principal Balance | ||
With no related allowance recorded: | 12 | 12 |
With allowance recorded: | 92 | 95 |
Related Allowance | 23 | 75 |
Recorded Investment | ||
With no related allowance recorded: | 11 | 12 |
With allowance recorded: | 90 | 92 |
Average Recorded Investment | ||
With no related allowance recorded: | 11 | 10 |
With allowance recorded: | $ 91 | $ 35 |
X | ||||||||||
- Definition Average amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- References No definition available.
|
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- Definition Amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- References No definition available.
|
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- Definition Amount of allowance for credit losses related to recorded investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of unpaid principal balance of impaired financing receivables with related allowance for credit losses and without related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- References No definition available.
|
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- Definition Amount of average investment of impaired financing receivables for which there is no related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of investment in impaired financing receivables for which there is no related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of unpaid principal balance of impaired financing receivables for which there is no related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of average investment of impaired financing receivables for which there is a related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of investment in impaired financing receivables for which there is a related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Unpaid principal balance of impaired financing receivables for which there is a related allowance for credit losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Loans and Asset Quality - Summary of Current, Past Due, and Nonaccrual TDR Loans (Details) $ in Thousands |
3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2019
USD ($)
loan
|
Dec. 31, 2018
USD ($)
loan
|
Mar. 31, 2019
USD ($)
loan
|
Mar. 31, 2018
loan
|
|
TDR | ||||
Current | $ 1,710 | $ 1,572 | $ 1,710 | |
Nonaccrual | 3,513 | 3,540 | 3,513 | |
Total TDRs | $ 5,223 | $ 5,112 | $ 5,223 | |
Number of TDR loans | ||||
Current | loan | 11 | 10 | ||
Nonaccrual | loan | 6 | 6 | ||
Total TDRs | loan | 17 | 16 | 1 | 1 |
Real estate: | Commercial real estate | ||||
TDR | ||||
Current | $ 1,413 | $ 1,267 | $ 1,413 | |
Nonaccrual | 1,338 | 1,362 | 1,338 | |
Total TDRs | 2,751 | 2,629 | $ 2,751 | |
Number of TDR loans | ||||
Total TDRs | loan | 1 | 1 | ||
Real estate: | One-to-four family residential | ||||
TDR | ||||
Current | 205 | 208 | $ 205 | |
Nonaccrual | 0 | 0 | 0 | |
Total TDRs | 205 | 208 | $ 205 | |
Number of TDR loans | ||||
Total TDRs | loan | 0 | 0 | ||
Real estate: | Construction and development | ||||
TDR | ||||
Current | 0 | 0 | $ 0 | |
Nonaccrual | 38 | 39 | 38 | |
Total TDRs | 38 | 39 | $ 38 | |
Number of TDR loans | ||||
Total TDRs | loan | 0 | 0 | ||
Commercial and industrial | ||||
TDR | ||||
Current | 39 | 41 | $ 39 | |
Nonaccrual | 2,137 | 2,139 | 2,137 | |
Total TDRs | 2,176 | 2,180 | $ 2,176 | |
Number of TDR loans | ||||
Total TDRs | loan | 0 | 0 | ||
Tax-exempt | ||||
TDR | ||||
Current | 0 | 0 | $ 0 | |
Nonaccrual | 0 | 0 | 0 | |
Total TDRs | 0 | 0 | $ 0 | |
Number of TDR loans | ||||
Total TDRs | loan | 0 | 0 | ||
Consumer | ||||
TDR | ||||
Current | 53 | 56 | $ 53 | |
Nonaccrual | 0 | 0 | 0 | |
Total TDRs | 53 | 56 | $ 53 | |
Number of TDR loans | ||||
Total TDRs | loan | 0 | 0 | ||
30-89 Days Past Due | ||||
TDR | ||||
Past Due | $ 0 | $ 0 | $ 0 | |
Number of TDR loans | ||||
Past Due | loan | 0 | 0 | ||
30-89 Days Past Due | Real estate: | Commercial real estate | ||||
TDR | ||||
Past Due | $ 0 | $ 0 | 0 | |
30-89 Days Past Due | Real estate: | One-to-four family residential | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
30-89 Days Past Due | Real estate: | Construction and development | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
30-89 Days Past Due | Commercial and industrial | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
30-89 Days Past Due | Tax-exempt | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
30-89 Days Past Due | Consumer | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
90 Days or More Past Due | ||||
TDR | ||||
Past Due | $ 0 | $ 0 | 0 | |
Number of TDR loans | ||||
Past Due | loan | 0 | 0 | ||
90 Days or More Past Due | Real estate: | Commercial real estate | ||||
TDR | ||||
Past Due | $ 0 | $ 0 | 0 | |
90 Days or More Past Due | Real estate: | One-to-four family residential | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
90 Days or More Past Due | Real estate: | Construction and development | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
90 Days or More Past Due | Commercial and industrial | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
90 Days or More Past Due | Tax-exempt | ||||
TDR | ||||
Past Due | 0 | 0 | 0 | |
90 Days or More Past Due | Consumer | ||||
TDR | ||||
Past Due | $ 0 | $ 0 | $ 0 |
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- Definition Financing Receivable, Modifications, Number of Contracts, Current No definition available.
|
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- Definition Financing Receivable, Modifications, Number of Contracts, Nonaccrual No definition available.
|
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- Definition Financing Receivable, Modifications, Number of Contracts, Past Due No definition available.
|
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- Definition Financing Receivable, Troubled Debt Restructuring, Current No definition available.
|
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- Definition Financing Receivable, Troubled Debt Restructuring, Nonaccrual No definition available.
|
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- Definition Financing Receivable, Troubled Debt Restructuring, Past Due No definition available.
|
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- Definition Number Of Loans [Abstract] No definition available.
|
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- Definition Number of financing receivables that have been modified by troubled debt restructurings. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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- Definition Amount of financing receivable modified as troubled debt restructuring. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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Loans and Asset Quality - Summary of Loans Modified as TDRs That Occurred During Period (Details) $ in Thousands |
3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2019
loan
|
Dec. 31, 2018
loan
|
Mar. 31, 2019
USD ($)
loan
|
Mar. 31, 2018
USD ($)
loan
|
|
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 17 | 16 | 1 | 1 |
Pre Modification | $ 166 | $ 435 | ||
Post Modification | $ 166 | $ 479 | ||
Real estate: | Commercial real estate | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 1 | 1 | ||
Pre Modification | $ 166 | $ 435 | ||
Post Modification | $ 166 | $ 479 | ||
Real estate: | One-to-four family residential | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 0 | 0 | ||
Pre Modification | $ 0 | $ 0 | ||
Post Modification | $ 0 | $ 0 | ||
Real estate: | Construction and development | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 0 | 0 | ||
Pre Modification | $ 0 | $ 0 | ||
Post Modification | $ 0 | $ 0 | ||
Commercial and industrial | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 0 | 0 | ||
Pre Modification | $ 0 | $ 0 | ||
Post Modification | $ 0 | $ 0 | ||
Tax-exempt | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 0 | 0 | ||
Pre Modification | $ 0 | $ 0 | ||
Post Modification | $ 0 | $ 0 | ||
Consumer | ||||
Loans and Leases Receivable Disclosure [Line Items] | ||||
Loan Count | loan | 0 | 0 | ||
Pre Modification | $ 0 | $ 0 | ||
Post Modification | $ 0 | $ 0 |
X | ||||||||||
- Definition Number of financing receivables that have been modified by troubled debt restructurings. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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- Definition Amount, after troubled debt restructuring, of modified financing receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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- Definition Amount, before troubled debt restructuring, of financing receivable to be modified. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
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Loans and Asset Quality - Summary of Loans by Risk Rating (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | $ 1,349,181 | $ 1,328,438 |
Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 475,269 | 454,689 |
Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 406,823 | 406,963 |
Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 111,344 | 102,868 |
Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 269,987 | 275,881 |
Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 56,838 | 60,104 |
Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 28,920 | 27,933 |
Pass | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 1,303,553 | 1,284,018 |
Pass | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 456,722 | 439,580 |
Pass | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 403,112 | 402,864 |
Pass | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 109,974 | 101,754 |
Pass | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 248,183 | 251,987 |
Pass | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 56,838 | 60,104 |
Pass | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 28,724 | 27,729 |
Special Mention | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 29,173 | 22,605 |
Special Mention | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 15,858 | 11,883 |
Special Mention | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 2,784 | 1,992 |
Special Mention | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 588 | 375 |
Special Mention | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 9,906 | 8,311 |
Special Mention | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Special Mention | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 37 | 44 |
Substandard | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 16,455 | 21,815 |
Substandard | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 2,689 | 3,226 |
Substandard | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 927 | 2,107 |
Substandard | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 782 | 739 |
Substandard | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 11,898 | 15,583 |
Substandard | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Substandard | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 159 | 160 |
Doubtful | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Doubtful | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Real estate: | Commercial real estate | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Real estate: | One-to-four family residential | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Real estate: | Construction and development | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Commercial and industrial | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Tax-exempt | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | 0 | 0 |
Loss | Consumer | ||
Loans and Leases Receivable Disclosure [Line Items] | ||
Loans held for investment | $ 0 | $ 0 |
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Junior Subordinated Debentures (Details) $ in Thousands |
3 Months Ended | |
---|---|---|
Mar. 31, 2019
USD ($)
trust
|
Apr. 01, 2013
USD ($)
|
|
Debt Instrument [Line Items] | ||
Number of sponsored business trusts | trust | 3 | |
Junior Subordinated Debt | ||
Debt Instrument [Line Items] | ||
Amount issued | $ 11,300 | |
Total junior subordinated debentures | 11,341 | |
Fidelity Bancorp Acquisition | Junior Subordinated Debt | ||
Debt Instrument [Line Items] | ||
Amount issued | $ 5,000 | |
Trust preferred securities | Junior Subordinated Debt | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | 11,000 | |
Common securities | Junior Subordinated Debt | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 341 |
X | ||||||||||
- Definition Number Of Sponsored Business Trusts No definition available.
|
X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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Junior Subordinated Debentures - Schedule of Junior Subordinated Debt (Details) - Junior Subordinated Debt - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 11,341 | |
Trust preferred securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | 11,000 | |
Common securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | 341 | |
Trust II | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 3,093 | |
Interest rate | 6.05% | 5.65% |
Trust II | Trust preferred securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 3,000 | |
Trust II | Common securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | 93 | |
Trust III | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 3,093 | |
Interest rate | 4.76% | 4.30% |
Trust III | Trust preferred securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 3,000 | |
Trust III | Common securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | 93 | |
FBT CT I | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 5,155 | |
Interest rate | 5.54% | 5.34% |
FBT CT I | Trust preferred securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 5,000 | |
FBT CT I | Common securities | ||
Debt Instrument [Line Items] | ||
Total junior subordinated debentures | $ 155 |
X | ||||||||||
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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Leases (Details) |
3 Months Ended |
---|---|
Mar. 31, 2019
USD ($)
contract
| |
Lessee, Lease, Description [Line Items] | |
Right-of-use assets | $ 4,844,000 |
Lease liabilities | 4,856,000 |
Lease expense | $ 137,000 |
Minimum | |
Lessee, Lease, Description [Line Items] | |
Renewal term | 3 years |
Maximum | |
Lessee, Lease, Description [Line Items] | |
Renewal term | 5 years |
Land | |
Lessee, Lease, Description [Line Items] | |
Number of contracts | contract | 6 |
X | ||||||||||
- Definition Lessee, Operating Lease, Number Of Contracts No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Details
|
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- Details
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- Details
|
Leases - Operating Lease Information (Details) $ in Thousands |
3 Months Ended |
---|---|
Mar. 31, 2019
USD ($)
| |
Leases [Abstract] | |
Cash paid for amounts included in measurement of lease liabilities for operating leases | $ 125 |
Weighted average remaining operating lease term | 10 years 10 months 24 days |
Weighted average operating lease discount rate | 3.40% |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Weighted average discount rate for operating lease calculated at point in time. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Leases - Lease Maturity (Details) $ in Thousands |
Mar. 31, 2019
USD ($)
|
---|---|
Leases [Abstract] | |
9 months remaining in 2019 | $ 375 |
2020 | 520 |
2021 | 529 |
2022 | 537 |
2023 | 539 |
Thereafter | 3,354 |
Total lease payments | 5,854 |
Less: Imputed interest | (998) |
Lease liabilities | $ 4,856 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease, due after fifth fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fifth fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fourth fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease, due in third fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease, due in second fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments for operating lease having an initial or remaining lease term in excess of one year due in remainder of fiscal year following latest fiscal year. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Fair Value - Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | $ 319,353 | $ 307,877 |
Equity securities | 3,869 | 3,821 |
Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 0 | 0 |
Securities available-for-sale | 0 | 0 |
Equity securities | 3,869 | 3,821 |
Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 2,210 | 2,904 |
Securities available-for-sale | 319,353 | 307,877 |
Equity securities | 0 | 0 |
Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 0 | 0 |
Securities available-for-sale | 0 | 0 |
Equity securities | 0 | 0 |
Recurring | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 2,210 | 2,904 |
Equity securities | 3,869 | 3,821 |
Recurring | Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 0 | 0 |
Equity securities | 3,869 | 3,821 |
Recurring | Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 2,210 | 2,904 |
Equity securities | 0 | 0 |
Recurring | Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans held for sale | 0 | 0 |
Equity securities | 0 | 0 |
Mortgage-backed securities | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 215,271 | 214,688 |
Mortgage-backed securities | Recurring | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 215,271 | 214,688 |
Mortgage-backed securities | Recurring | Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
Mortgage-backed securities | Recurring | Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 215,271 | 214,688 |
Mortgage-backed securities | Recurring | Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
U.S. agency securities | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 20,504 | 22,915 |
U.S. agency securities | Recurring | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 20,504 | 22,915 |
U.S. agency securities | Recurring | Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
U.S. agency securities | Recurring | Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 20,504 | 22,915 |
U.S. agency securities | Recurring | Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
Municipal bonds | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 81,569 | 68,275 |
Municipal bonds | Recurring | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 81,569 | 68,275 |
Municipal bonds | Recurring | Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
Municipal bonds | Recurring | Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 81,569 | 68,275 |
Municipal bonds | Recurring | Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
U.S. Treasury securities | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 2,009 | 1,999 |
U.S. Treasury securities | Recurring | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 2,009 | 1,999 |
U.S. Treasury securities | Recurring | Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 0 | 0 |
U.S. Treasury securities | Recurring | Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 2,009 | 1,999 |
U.S. Treasury securities | Recurring | Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | $ 0 | $ 0 |
X | ||||||||||
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Fair value portion of loans held-for-sale including, but not limited to, mortgage loans and finance receivables. No definition available.
|
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- Details
|
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- Details
|
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- Details
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- Details
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- Details
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- Details
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- Details
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Fair Value - Assets Measured on Nonrecurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Impaired loans | $ 12,936 | $ 19,235 |
Foreclosed assets | 414 | 646 |
Level 1 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Impaired loans | 0 | 0 |
Foreclosed assets | 0 | 0 |
Level 2 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Impaired loans | 0 | 0 |
Foreclosed assets | 0 | 0 |
Level 3 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Impaired loans | 12,936 | 19,235 |
Foreclosed assets | $ 414 | $ 646 |
X | ||||||||||
- Definition Foreclosed Assets, Fair Value Disclosure No definition available.
|
X | ||||||||||
- Definition Loans And Leases Receivable, Impaired, Fair Value Disclosure No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
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- Details
|
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- Details
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|
Fair Value - Unobservable Inputs Used for the Level 3 (Details) - Discounted appraisals - Collateral discounts and costs to sell |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Impaired loans | 0.2181 | 0.1197 |
Foreclosed assets | 0.1002 | 0.0621 |
X | ||||||||||
- Definition Foreclosed Assets, Measurement Input No definition available.
|
X | ||||||||||
- Definition Impaired Loans, Measurement Input No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Fair Value - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Financial assets: | ||
Securities available-for-sale | $ 319,353 | $ 307,877 |
Equity securities | 3,869 | 3,821 |
Nonmarketable equity securities | 1,303 | 1,299 |
Level 1 | ||
Financial assets: | ||
Cash and due from banks | 32,371 | 34,070 |
Interest-bearing deposits in other banks | 145,593 | 117,836 |
Securities available-for-sale | 0 | 0 |
Equity securities | 3,869 | 3,821 |
Nonmarketable equity securities | 0 | 0 |
Loans held for sale | 0 | 0 |
Loans held for investment, net of allowance | 0 | 0 |
Accrued interest receivable | 0 | 0 |
Financial liabilities: | ||
Deposits | 0 | 0 |
Junior subordinated debentures | 0 | 0 |
Accrued interest payable | 0 | 0 |
Level 2 | ||
Financial assets: | ||
Cash and due from banks | 0 | 0 |
Interest-bearing deposits in other banks | 0 | 0 |
Securities available-for-sale | 319,353 | 307,877 |
Equity securities | 0 | 0 |
Nonmarketable equity securities | 1,303 | 1,299 |
Loans held for sale | 2,210 | 2,904 |
Loans held for investment, net of allowance | 0 | 0 |
Accrued interest receivable | 0 | 0 |
Financial liabilities: | ||
Deposits | 1,688,215 | 1,641,136 |
Junior subordinated debentures | 11,341 | 11,341 |
Accrued interest payable | 1,967 | 1,757 |
Level 3 | ||
Financial assets: | ||
Cash and due from banks | 0 | 0 |
Interest-bearing deposits in other banks | 0 | 0 |
Securities available-for-sale | 0 | 0 |
Equity securities | 0 | 0 |
Nonmarketable equity securities | 0 | 0 |
Loans held for sale | 0 | 0 |
Loans held for investment, net of allowance | 1,329,858 | 1,301,960 |
Accrued interest receivable | 4,988 | 5,013 |
Financial liabilities: | ||
Deposits | 0 | 0 |
Junior subordinated debentures | 0 | 0 |
Accrued interest payable | 0 | 0 |
Carrying Amount | ||
Financial assets: | ||
Cash and due from banks | 32,371 | 34,070 |
Interest-bearing deposits in other banks | 145,593 | 117,836 |
Securities available-for-sale | 319,353 | 307,877 |
Equity securities | 3,869 | 3,821 |
Nonmarketable equity securities | 1,303 | 1,299 |
Loans held for sale | 2,210 | 2,904 |
Loans held for investment, net of allowance | 1,336,080 | 1,315,914 |
Accrued interest receivable | 4,988 | 5,013 |
Financial liabilities: | ||
Deposits | 1,691,134 | 1,645,583 |
Junior subordinated debentures | 11,341 | 11,341 |
Accrued interest payable | 1,967 | 1,757 |
Fair Value | ||
Financial assets: | ||
Cash and due from banks | 32,371 | 34,070 |
Interest-bearing deposits in other banks | 145,593 | 117,836 |
Securities available-for-sale | 319,353 | 307,877 |
Equity securities | 3,869 | 3,821 |
Nonmarketable equity securities | 1,303 | 1,299 |
Loans held for sale | 2,210 | 2,904 |
Loans held for investment, net of allowance | 1,329,858 | 1,301,960 |
Accrued interest receivable | 4,988 | 5,013 |
Financial liabilities: | ||
Deposits | 1,688,215 | 1,641,136 |
Junior subordinated debentures | 11,341 | 11,341 |
Accrued interest payable | $ 1,967 | $ 1,757 |
X | ||||||||||
- Definition Interest Bearing Deposits In Other Financial Institutions, Fair Value Disclosure No definition available.
|
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- Definition Interest Receivable, Fair Value Disclosure No definition available.
|
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- Definition Fair value portion of liabilities incurred for goods and services received that are used in an entity's business and related party payables. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. No definition available.
|
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- Definition Fair value portion of deposit liabilities held by the entity, including, but not limited to, foreign and domestic, interest and noninterest bearing, demand deposits, saving deposits, negotiable orders of withdrawal (NOW) and time deposits. No definition available.
|
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- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Amount of investment in equity security without readily determinable fair value. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Fair value of subordinated debt obligations including, but not limited to, subordinated loan, subordinated bond, subordinated debenture or junior debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Fair value portion of loans held-for-sale including, but not limited to, mortgage loans and finance receivables. No definition available.
|
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- Definition Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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|
Regulatory Capital Requirements - Schedule of Regulatory Requirements (Details) - USD ($) $ in Thousands |
Mar. 31, 2019 |
Dec. 31, 2018 |
---|---|---|
Red River Bank | ||
Total Risk-Based Capital | ||
Actual Amount | $ 217,677 | $ 211,240 |
Actual Ratio | 15.75% | 15.66% |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Amount | $ 110,573 | $ 107,912 |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Ratio | 8.00% | 8.00% |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | $ 145,127 | $ 133,204 |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | 10.50% | 9.88% |
Tier I Risk-Based Capital | ||
Actual Amount | $ 204,576 | $ 198,716 |
Actual Ratio | 14.80% | 14.73% |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Amount | $ 82,930 | $ 80,934 |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Ratio | 6.00% | 6.00% |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | $ 117,484 | $ 106,226 |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | 8.50% | 7.88% |
Common Equity Tier I Capital | ||
Actual Amount | $ 204,576 | $ 198,716 |
Actual Ratio | 14.80% | 14.73% |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Amount | $ 62,197 | $ 60,701 |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Ratio | 4.50% | 4.50% |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | $ 96,751 | $ 85,993 |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | 7.00% | 6.38% |
Tier I Leverage Capital | ||
Actual Amount | $ 204,576 | $ 198,716 |
Actual Ratio | 10.93% | 10.76% |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Amount | $ 74,897 | $ 73,874 |
Regulatory Requirements, Minimum To Be Adequately Capitalized, Ratio | 4.00% | 4.00% |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | $ 93,622 | $ 92,343 |
Regulatory Requirements, Under Prompt Corrective Action Provisions, Amount | 5.00% | 5.00% |
Red River Bancshares, Inc. | ||
Total Risk-Based Capital | ||
Actual Amount | $ 228,360 | $ 223,187 |
Actual Ratio | 16.52% | 16.55% |
Tier I Risk-Based Capital | ||
Actual Amount | $ 215,259 | $ 210,663 |
Actual Ratio | 15.57% | 15.62% |
Common Equity Tier I Capital | ||
Actual Amount | $ 204,259 | $ 199,663 |
Actual Ratio | 14.78% | 14.80% |
Tier I Leverage Capital | ||
Actual Amount | $ 215,259 | $ 210,663 |
Actual Ratio | 11.50% | 11.40% |
X | ||||||||||
- Definition Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets No definition available.
|
X | ||||||||||
- Definition Common Equity Tier One Required for Capital Adequacy to Risk Weighted Assets No definition available.
|
X | ||||||||||
- Definition The amount of total capital as defined in the regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- References No definition available.
|
X | ||||||||||
- Definition The minimum amount of Total Capital required for capital adequacy purposes under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The minimum Total risk based capital ratio (total capital divided by risk weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of Total Capital required to be categorized as well as capitalized under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The Total risk based capital ratio (total capital divided by risk weighted assets) required to be categorized as "well capitalized", in the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Total Capital divided by risk weighted assets as defined in the regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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- Definition Amount of Common Equity Tier One Risk-based Capital, as defined by regulatory framework. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Percentage of Common Equity Tier One Risk-based Capital to total risk-weighted assets, as defined by regulatory framework. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
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- Definition Amount of Common Equity Tier 1 Risk-based Capital required to be categorized as adequately capitalized under regulatory framework for prompt corrective action. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Common Equity Tier 1 Risk-based Capital required to be categorized as well-capitalized under regulatory framework for prompt corrective action. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Tier 1 Leverage Capital as defined in the regulations. Also called Core Capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The minimum amount of Tier 1 Leverage Capital required for capital adequacy purposes under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The minimum amount of Tier 1 Leverage Capital for capital adequacy purposes divided by average assets as defined in the regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of Tier 1 Leverage Capital required to be categorized as well capitalized under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of Tier 1 Leverage Capital required to be categorized as well capitalized divided by average assets as defined in the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tier 1 Leverage Capital divided by average assets as defined in the regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tier 1 Risk Based Capital as defined in the regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The minimum amount of Tier 1 Risk Based Capital required for capital adequacy purposes under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The minimum Tier One Capital Ratio (Tier one capital divided by risk-weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of Tier 1 Risk Based Capital required to be categorized as well capitalized under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The Tier 1 capital ratio (Tier 1 capital divided by risk weighted assets) required to be categorized as "well capitalized" under the regulatory framework for prompt corrective action. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tier 1 capital divided by risk weighted assets as defined by regulations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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Equity Events (Details) |
1 Months Ended | 3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Feb. 28, 2019
$ / shares
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May 31, 2018
$ / shares
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Mar. 31, 2019
$ / shares
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Mar. 31, 2018
$ / shares
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Dec. 31, 2018 |
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Equity [Abstract] | |||||
Cash dividends (in dollars per share) | $ 0.20 | $ 0.15 | $ 0.20 | $ 0.15 | |
Conversion ratio | 2 |
X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Ratio applied to the conversion of stock split, for example but not limited to, one share converted to two or two shares converted to one. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Earnings Per Common Share (Details) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|
Mar. 31, 2019
USD ($)
$ / shares
shares
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Mar. 31, 2018
USD ($)
$ / shares
shares
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Dec. 31, 2018 |
||||
Numerator: | ||||||
Net income - basic | $ | $ 5,696 | $ 5,231 | ||||
Net income - diluted | $ | $ 5,696 | $ 5,231 | ||||
Denominator: | ||||||
Weighted - average shares outstanding - basic (in shares) | 6,632,482 | 6,721,200 | ||||
Weighted - average shares outstanding - diluted (in shares) | 6,668,029 | 6,765,277 | ||||
Earnings per common share: | ||||||
Basic (in dollars per share) | $ / shares | [1] | $ 0.86 | $ 0.78 | |||
Diluted (in dollars per share) | $ / shares | [1] | $ 0.85 | $ 0.77 | |||
Conversion ratio | 2 | |||||
Plus: Effect of Directors Compensation Program | ||||||
Denominator: | ||||||
Effect of dilutive securities (in shares) | 574 | 677 | ||||
Plus: Effect of stock options and restricted stock | ||||||
Denominator: | ||||||
Effect of dilutive securities (in shares) | 34,973 | 43,400 | ||||
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Ratio applied to the conversion of stock split, for example but not limited to, one share converted to two or two shares converted to one. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Subsequent Events (Details) - Subsequent Event $ / shares in Units, $ in Millions |
May 07, 2019
USD ($)
$ / shares
shares
|
---|---|
IPO | |
Subsequent Event [Line Items] | |
Aggregate net proceeds from stock offering | $ | $ 26.8 |
Common Stock | IPO | |
Subsequent Event [Line Items] | |
Offering price per share (in dollars per share) | $ / shares | $ 45.00 |
Shares sold in offering | 690,000 |
Common Stock | Initial Public Offering - Shares From Company | |
Subsequent Event [Line Items] | |
Shares sold in offering | 663,320 |
Common Stock | Over-Allotment Option | |
Subsequent Event [Line Items] | |
Shares sold in offering | 90,000 |
Common Stock | Initial Public Offering - Shares From Existing Shareholders | |
Subsequent Event [Line Items] | |
Shares sold in offering | 26,680 |
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- Definition Cash received on stock transaction after deduction of issuance costs. No definition available.
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- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
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