0001458412-20-000035 | 10-Q | XBRL Viewer | Crossfirst Bankshares INC

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Cover Page - shares	3 Months Ended
Cover Page - shares	Mar. 31, 2020	May 11, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	001-39028
Entity Registrant Name	CROSSFIRST BANKSHARES, INC.
Entity Incorporation, State or Country Code	KS
Entity Tax Identification Number	26-3212879
Entity Address, Address Line One	11440 Tomahawk Creek Parkway
Entity Address, City or Town	Leawood,
Entity Address, State or Province	KS
Entity Address, Postal Zip Code	66211
City Area Code	913
Local Phone Number	312-6822
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	CFB
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		52,113,559
Entity Central Index Key	0001458412
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 158,987	$ 187,320
Available-for-sale securities - taxable	285,426	298,208
Available-for-sale securities - tax-exempt	449,805	443,426
Loans, net of allowance for loan losses of $51,458 and $56,896 at March 31, 2020 and December 31, 2019, respectively	3,950,993	3,795,348
Premises and equipment, net	68,817	70,210
Restricted equity securities	18,539	17,278
Interest receivable	16,958	15,716
Foreclosed assets held for sale	3,619	3,619
Deferred tax asset	8,914	13,782
Goodwill and other intangible assets, net	7,669	7,694
Bank-owned life insurance	66,145	65,689
Other	31,535	12,943
Total assets	5,067,407	4,931,233
Deposits
Non-interest bearing	567,215	521,826
Savings, NOW and money market	2,302,545	2,162,187
Time	1,103,062	1,239,746
Total deposits	3,972,822	3,923,759
Federal funds purchased and repurchase agreements	38,946	14,921
Federal Home Loan Bank advances	402,680	358,743
Other borrowings	931	921
Interest payable and other liabilities	40,082	31,245
Total liabilities	4,455,461	4,329,589
Stockholders’ equity
Redeemable preferred stock, $0.01 par value, $25.00 liquidation value: authorized - 5,000,000 shares, issued - 0 shares at March 31, 2020 and December 31, 2019, respectively	0	0
Common stock, $0.01 par value: authorized - 200,000,000 shares, issued - 52,098,062 and 51,969,203 shares at March 31, 2020 and December 31, 2019, respectively	521	520
Additional paid-in capital	520,134	519,870
Retained earnings	68,689	64,803
Accumulated other comprehensive income	22,602	16,451
Total stockholders’ equity	611,946	601,644
Total liabilities and stockholders’ equity	$ 5,067,407	$ 4,931,233

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Allowance for loan losses	$ 51,458	$ 56,896
Stockholders’ equity
Redeemable preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Redeemable preferred stock liquidation value (in dollars per share)	$ 25.00	$ 25.00
Redeemable preferred stock authorized (in shares)	5,000,000	5,000,000
Redeemable preferred stock issued (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	200,000,000	200,000,000
Common stock issued (in shares)	52,098,062	51,969,203

Consolidated Statements of Income - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest Income
Loans, including fees	$ 48,339	$ 45,003
Available-for-sale securities - taxable	1,774	2,320
Available-for-sale securities - tax-exempt	3,312	2,935
Deposits with financial institutions	491	806
Dividends on bank stocks	292	253
Total interest income	54,208	51,317
Interest Expense
Deposits	14,272	15,921
Fed funds purchased and repurchase agreements	62	294
Advances from Federal Home Loan Bank	1,611	1,459
Other borrowings	35	38
Total interest expense	15,980	17,712
Net Interest Income	38,228	33,605
Provision for loan losses	13,950	2,850
Net Interest Income after Provision for Loan Losses	24,278	30,755
Non-Interest Income
Gain on sale of available-for-sale debt securities	393	27
Gain on sale of loans	0	79
Income from bank-owned life insurance	456	467
Swap fee income (loss), net	(9)	377
Other non-interest income	262	160
Total non-interest income	2,095	1,645
Non-Interest Expense
Salaries and employee benefits	14,390	14,590
Occupancy	2,085	2,159
Professional fees	671	782
Deposit insurance premiums	1,016	837
Data processing	692	594
Advertising	500	713
Software and communication	876	679
Equipment costs, other asset depreciation, and amortization	395	473
Other non-interest expense	1,598	1,804
Total non-interest expense	22,223	22,631
Net Income Before Taxes	4,150	9,769
Income tax expense	293	419
Net Income	$ 3,857	$ 9,350
Basic Earnings Per Share (in dollars per share)	$ 0.07	$ 0.20
Diluted Earnings Per Share (in dollars per share)	$ 0.07	$ 0.20
Service charges and fees (rebates) on customer accounts
Non-Interest Income
Non-interest income	$ 508	$ 158
ATM and credit card interchange income
Non-Interest Income
Non-interest income	$ 485	$ 377

Consolidated Statements of Other Comprehensive Income - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 3,857	$ 9,350
Other Comprehensive Income
Unrealized gain on available-for-sale debt securities	8,532	12,394
Less: income tax	2,084	3,056
Unrealized gain on available-for-sale debt securities, net of income tax	6,448	9,338
Reclassification adjustment for realized gains included in income	393	53
Less: income tax	96	13
Less: reclassification adjustment for realized gains included in income, net of income tax	297	40
Other comprehensive income	6,151	9,298
Comprehensive Income	$ 10,008	$ 18,648

Consolidated Statements of Stockholders' Equity - Unaudited - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Performance Based Restricted Stock Units and Stock, Restricted Stock Units and Restricted Stock Awards	Performance Based Restricted Stock Units and Stock, Restricted Stock Units and Restricted Stock Awards Additional Paid-in Capital
Beginning balance (in shares) at Dec. 31, 2018		1,200,000	45,074,322
Beginning balance at Dec. 31, 2018	$ 490,336	$ 12	$ 451	$ 454,512	$ 38,371	$ (3,010)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,350				9,350
Change in unrealized appreciation on available-for-sale securities	9,298					9,298
Issuance of shares (in shares)			101,203
Issuance of shares	827		$ 1	826
Issuance of shares from equity based awards (in shares)			36,845
Issuance of shares from equity-based awards	(134)			(134)
Retired shares (in shares)		(1,200,000)	(10,000)
Retired shares	(30,155)	$ (12)		(30,088)	(55)
Preferred dividends declared	(175)				(175)
Employee receivables from sale of stock	32			2	30
Share-based compensation							$ 1,098	$ 1,098
Employee stock purchase plan additions	37			37
Ending balance (in shares) at Mar. 31, 2019		0	45,202,370
Ending balance at Mar. 31, 2019	480,514	$ 0	$ 452	428,412	45,293	6,357
Beginning balance (in shares) at Dec. 31, 2019		0	51,969,203
Beginning balance at Dec. 31, 2019	601,644	$ 0	$ 520	519,870	64,803	16,451
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,857				3,857
Change in unrealized appreciation on available-for-sale securities	6,151					6,151
Issuance of shares from equity based awards (in shares)			128,859
Issuance of shares from equity-based awards	(670)		$ 1	(671)
Employee receivables from sale of stock	30			1	29
Share-based compensation							$ 934	$ 934
Ending balance (in shares) at Mar. 31, 2020		0	52,098,062
Ending balance at Mar. 31, 2020	$ 611,946	$ 0	$ 521	$ 520,134	$ 68,689	$ 22,602

Consolidated Statements of Cash Flows - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Activities
Net income	$ 3,857	$ 9,350
Depreciation and amortization	1,295	1,371
Provision for loan losses	13,950	2,850
Accretion of discounts and amortization of premiums on securities	1,473	1,212
Equity based compensation	934	1,135
Loss on disposal of fixed assets	10	64
Gain on sale of loans	0	(79)
Deferred income taxes	2,881	969
Net increase in bank owned life insurance	(456)	(467)
Net recognized gains on available-for-sale equity securities	(34)	(26)
Net realized gains on available-for-sale debt securities	(393)	(27)
Dividends on FHLB stock	(291)	(251)
Stock dividends on CRA mutual fund	(11)	(12)
Changes in
Interest receivable	(1,242)	(2,486)
Other assets	65	(428)
Other liabilities	(9,368)	(2,518)
Net cash provided by operating activities	12,670	10,657
Investing Activities
Net change in loans	(169,595)	(219,804)
Purchases of available-for-sale securities	(11,861)	(46,555)
Proceeds from maturities of available-for-sale securities	21,528	10,609
Proceeds from sale of available-for-sale securities	3,841	3,371
Purchase of premises and equipment	(331)	(37)
Purchase of restricted equity securities	(970)	(400)
Proceeds from the sale of fixed assets	0	341
Proceeds from sale of restricted equity securities	0	715
Net cash used in investing activities	(157,388)	(251,760)
Financing Activities
Net increase (decrease) in demand deposits, savings, NOW and money market accounts	185,747	(80,282)
Net increase (decrease) in time deposits	(136,684)	272,084
Net increase (decrease) in repurchase agreements and fed funds purchased	24,025	(19,735)
Proceeds from Federal Home Loan Bank advances	70,000	10,000
Repayment of Federal Home Loan Bank advances	(26,063)	(10,059)
Retirement of preferred stock	0	(30,000)
Issuance of common shares, net of issuance cost	1	280
Proceeds from employee stock purchase plan	0	547
Common stock purchased and retired	0	(155)
Acquisition of common stock for tax withholding obligations	(671)	(133)
Net decrease in employee receivables	30	32
Dividends paid on preferred stock	0	(700)
Net cash provided by financing activities	116,385	141,879
Decrease in Cash and Cash Equivalents	(28,333)	(99,224)
Cash and Cash Equivalents, Beginning of Period	187,320	216,541
Cash and Cash Equivalents, End of Period	158,987	117,317
Supplemental Cash Flows Information
Interest paid	17,199	16,718
Income taxes paid	0	0
Foreclosed assets in settlement of loans	$ 0	$ 2,471

Nature of Operations and Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Nature of Operations and Summary of Significant Accounting Policies

Organization and Nature of Operations

CrossFirst Bankshares, Inc. (the “Company”), a Kansas corporation, was incorporated in December 2017. Prior to incorporation, the Company was registered as a limited liability company under the name CrossFirst Holdings, LLC. The Company is a bank holding company whose principal activities are the ownership and management of its wholly-owned subsidiaries, CrossFirst Bank (the “Bank”) and CFSA, LLC (“CFSA”), which holds title to certain assets. In addition, CrossFirst Investments, Inc. (“CFI”) is a wholly-owned subsidiary of the Bank, which holds investments in marketable securities.

Basis of Presentation

The Company’s accounting and reporting policies conform to accounting principles generally accepted in the United States (“GAAP”). The consolidated financial statements include the accounts of the Company, the Bank, CFI and CFSA. All significant intercompany accounts and transactions have been eliminated in consolidation.

The consolidated interim financial statements are unaudited and certain information and footnote disclosures presented in accordance with GAAP have been condensed or omitted and should be read in conjunction with the Company’s consolidated financial statements, and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on March 10, 2020.

In the opinion of management, the interim financial statements include all adjustments which are of a normal, recurring nature necessary for the fair presentation of the financial position, results of operations, and cash flows of the Company and the disclosures made are adequate to make the interim financial information not misleading. The consolidated financial statements have been prepared in accordance with GAAP for interim financial information and the instructions to Form 10-Q adopted by the SEC.

Except for the accounting changes mentioned under “Coronavirus Aid, Relief, and Economic Security Act” and “Change in Accounting Principal” section below, no other significant changes in the accounting policies of the Company occurred since December 31, 2019, the most recent date financial statements were provided within the Company’s Annual Report on Form 10-K. The information contained in the financial statements and footnotes for the period ended December 31, 2019 included in the Company’s 2019 Form 10-K should be referred to in connection with these unaudited interim consolidated financial statements.

Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.

Use of Estimates

The Company has identified accounting policies and estimates that, due to the difficult, subjective or complex judgments and assumptions inherent in those policies and estimates and the potential sensitivity of the Company’s financial statements to those judgments and assumptions, are critical to an understanding of the Company’s financial condition and results of operations. Actual results could differ from those estimates. In particular, the novel coronavirus (“COVID-19”) pandemic and resulting impacts to economic conditions, as well as, adverse impacts to the Company’s operations may impact future estimates. The Allowance for Loan and Lease Losses, Investment Securities Impairment, Deferred Tax Asset, and Fair Value of Financial Instruments are particularly susceptible to significant change.

Cash Equivalents

The Company had $111 million of cash and cash equivalents at the Federal Reserve Bank of Kansas City as of March 31, 2020. The reserve required at March 31, 2020 was $0. In addition, the Company is at times required to place cash collateral with a third party as part of its back-to-back swap agreements. At March 31, 2020, approximately $30 million was required as cash collateral.

Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)

The CARES Act allows financial institutions to elect not to consider whether loan modifications relating to the COVID-19 pandemic that they make between March 1, 2020 and the earlier of December 31, 2020 or 60 days after the national emergency related to the COVID-19 pandemic ends are troubled debt restructurings (“TDRs”) that would require accounting consequences. The relief can be applied to modifications of loans to borrowers that were not more than 30 days past due as of December 31, 2019.

The Company elected the guidance during the first quarter of 2020. The review of loans that meet the criteria is overseen by the Chief Credit Officer.

Change in Accounting Principle

On January 1, 2020, the Company adopted the Financial Accounting Standards Board Accounting Standard Update (“ASU”) 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which was applied on a prospective basis. A description of the nature and reason for the change in accounting principle is provided below in the recent accounting pronouncements section.

On January 1, 2020, the Company adopted ASU 2019-12, Simplifying the Accounting for Income Taxes, which was applied as of the adoption date. A description of the nature and reason for the change in accounting principle is provided below in the recent accounting pronouncements section.

Changes Affecting Comparability

For the quarter ended March 31, 2020, the Company consolidated the “Other” line item previously included in stockholders’ equity into retained earnings within the Consolidated Balance Sheets and the Consolidated Statements of Stockholders’ Equity. The consolidation was made due to the immateriality of the “Other” line item. The change had no impact on net income or stockholders’ equity.

Initial Public Offering

On August 19, 2019, the Company completed its initial public offering of common shares. The Company issued and sold 5,750,000 common shares at a public offering price of $14.50 per share. After deducting the underwriting discounts and offering expenses, the Company received total net proceeds of $76 million from the initial public offering. In addition, certain selling stockholders participated in the offering and sold an aggregate of 1,261,589 common shares at a public offering price of $14.50 per share. The Company did not receive any proceeds from the sales of shares by the selling stockholders.

On September 17, 2019, the underwriters partially exercised their option to purchase additional shares. The Company issued and sold 844,362 common shares at a public offering price of $14.50 per share. After deducting the underwriting discounts and offering expenses, the Company received total net proceeds of $11 million.

As of March 31, 2020, the Company qualified as an emerging growth company (“EGC”) under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). An EGC may take advantage of reduced reporting requirements and is relieved of certain other significant requirements that are otherwise generally applicable to public companies. Among the reductions and reliefs, the Company elected to extend the transition period for complying with new or revised accounting standards affecting public companies. This means that the financial statements the Company files or furnishes, will not be subject to all new or revised accounting standards generally applicable to public companies for the transition period for so long as the Company remains an EGC or until the Company affirmatively and irrevocably opts out of the extended transition period under the JOBS Act.

Recent Accounting Pronouncements

The Company has implemented the following ASUs during 2020:

Standard

Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2019-12:

Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

January 1, 2020

(Early Adoption)

The amendments in the ASU simplify the accounting for income taxes. Among other changes, the ASU:

(1) Removes the exception to the incremental approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items;

(2) Removes the exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipates loss for the year;

(3) Requires an entity to recognize a franchise tax that is partially based on income as an income-based tax and account for any incremental amount incurred as a nonincome based tax; and

(4) Requires an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date.

The amendments in the ASU did not have a material impact on the Company’s tax methodology, processes, or the Company’s financial statements.

ASU 2018-13:

Fair Value Measurement (Topic 820): Disclosure Framework

January 1, 2020

Improves the effectiveness of disclosures in the notes to financial statements by facilitating clear communication of the information. The amendments modify certain disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement.

Entities are no longer required to disclose transfers between Level 1 and Level 2 of the fair value hierarchy or qualitatively disclose the valuation process for Level 3 fair value measurements. The updated guidance requires disclosure of the changes in unrealized gains and losses for the period included in Other Comprehensive Income for recurring Level 3 fair value measurements. Entities are required to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements.

The additional provisions of the guidance should be adopted prospectively. The eliminated requirements should be adopted retrospectively.

The adoption did not have a material impact to the financial statements.

No transfers between Level 1 and Level 2 occurred in 2019 or 2020 and the Company did not have any recurring Level 3 fair value measurements that created an unrealized gain or loss in Other Comprehensive Income. In addition, the Company previously disclosed the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements.

ASU 2017-04:

Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

January 1, 2020

(Early Adoption)

Eliminates Step 2 from the goodwill impairment test which required entities to compute the implied fair value of goodwill. An entity should perform an annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit.

The adoption did not have an impact to the financial statements, but may accelerate the recognition of goodwill impairment, because it removes a second step required under the old method to determine if goodwill is impaired.

The Company’s process for evaluating goodwill impairment was modified to align with the elimination of Step 2. The Company still performs a Step 0 analysis and if determined will perform Step 1 to evaluate the potential impairment of goodwill.

The Company believes the ASU is preferable since it will reduce the complexity to determine if a goodwill impairment exists.

The Company has updates to the following ASUs that have not yet been adopted. A complete list of recent, applicable accounting pronouncements was provided in the Company’s latest Annual Report on Form 10-K for the year ended December 31, 2019:

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2020-04:

Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

Effective March 12, 2020 through December 31, 2022.

An entity may elect to apply the ASU by Topic or an Industry Subtopic within the Codification as of January 1, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to the date that the financial statements are available to be issued.

The Company has not determined a start date. Once elected for a Topic or Industry Subtopic, the amendments must be applied prospectively for all eligible contract modifications.

The amendments in this update provide optional expedients and exceptions to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met.

The amendments only apply to transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The expedients and exceptions provided by the amendments do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. The amendments include:

(1) Optional expedients to contract modifications that allow the Company to adjust the effective interest rate of receivables and debt, account for lease modifications as a continuation of the existing lease, and remove the requirement to reassess its original conclusions for contract modifications about whether that contract contains an embedded derivative that is clearly and closely related to the economic characteristics and risks of the host contract under Subtopic 815-15, Derivatives and Hedging—Embedded Derivatives;

(2) Exceptions to the guidance in Topic 815 related to changes in the critical terms of a hedging relationship due to reference rate reform related to changes to the critical terms of a hedging relationship due to reference rate reform; and

(3) Optional expedients for cash flow and fair value hedges.

The Company had more than $1 billion in loans tied to LIBOR as of March 31, 2020.

The Company is currently unable to determine the financial statement impact related to the ASU, but we anticipate the ASU will simplify modifications executed between the selected start date and December 31, 2020 that are directly related to the LIBOR transition.

Specifically, the ASU will allow the Company to recognize the modification related to LIBOR as a continuation of the old contract, rather than a cancellation of the old contract resulting in a write off of unamortized fees and creation of a new contract.

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2016-13

Financial Instruments-Credit Losses

If we maintain our EGC status, the Company is not required to implement this standard until January 2023. The Company will monitor its progress and the requirements related to adoption.

Requires an entity to utilize a new impairment model known as the current expected credit loss (“CECL”) model to estimate its lifetime expected credit loss and record an allowance that, when deducted from amortized cost basis of the financial asset, presents the net amount expected to be collected on the financial asset.

The Company has established a committee of individuals from applicable departments to oversee the implementation process.

The Company implemented a third-party software solution and completed the software implementation phase of the transition. The software implementation phase included data capture and portfolio segmentation amongst other items.

The Company has completed an initial parallel run using 2019 data and completed a second parallel during the fourth quarter of 2019. During the first quarter of 2020, the Company chose to adjust its underlying assumptions and review the results using the 2019 financial data. The Company plans to continue parallel runs once an analysis of the 2019 results is completed.

In addition, the Company is evaluating the internal control changes that will be necessary to transition to the third-party platform.

At this time, an estimate of the impact cannot be established as the Company continues to evaluate the inputs into the model. The actual impact could be significantly affected by the composition, characteristics, and quality of the underlying loan portfolio at the time of adoption.

ASU 2016-02

Leases (Topic 842)

The Company expects to implement this standard in 2021 if EGC status is maintained. If the Company loses its EGC status in 2020, the Company would be required to implement the ASU as of the beginning of 2020.

On April 8, 2020, the FASB proposed a one-year deferral on the ASU. If EGC status is maintained and the FASB issues the final amendment, the Company would be able to defer implementation until January 1, 2022.

Requires lessees and lessors to recognize lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements.

The update requires lessees and lessors to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach with the option to elect certain practical expedients.

The update will also increase disclosures around leases, including qualitative and specific quantitative measures.

The Company expects to apply the update as of the beginning of the period of adoption and the Company does not plan to restate comparative periods. The Company expects to elect certain optional practical expedients.

The Company gathered all potential lease and embedded lease agreements during 2019 and 2020 and is evaluating the applicability and impact to the
financial statements.

The Company’s current operating leases relate primarily to three branch locations, as well as two future lease obligations. Based on these current leases, the Company anticipates recognizing a lease liability and related right-to-use asset on its balance sheet, with an immaterial impact to its income statement compared to the current lease accounting model. However, the ultimate impact of the standard will depend on the Company's lease portfolio as of the adoption date.

Earnings Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

The following table presents the computation of basic and diluted earnings per share:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands except per share data)
Earnings per Share
Net income	$	3,857	$	9,350
Less: preferred stock dividends	—		175
Net income available to common stockholders	$	3,857	$	9,175
Weighted average common shares	52,071,484		45,093,442
Earnings per share	$	0.07	$	0.20
Dilutive Earnings Per Share


Net income available to common stockholders	$	3,857	$	9,175
Weighted average common shares	52,071,484		45,093,442
Effect of dilutive shares	588,786		866,825
Weighted average dilutive common shares	52,660,270		45,960,267
Diluted earnings per share	$	0.07	$	0.20

Stock-based awards not included because to do so would be antidilutive	905,406		487,346

Securities

3 Months Ended

Mar. 31, 2020

Investments, Debt and Equity Securities [Abstract]

Securities

Available-for-Sale Debt and Equity Securities

The amortized cost and approximate fair values, together with gross unrealized gains and losses, of period end available-for-sale debt and equity securities consisted of the following:


	March 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential	$	144,175	$	5,646	$	—	$	149,821
Collateralized mortgage obligations - GSE residential	115,734		3,206		2		118,938
State and political subdivisions	441,888		21,589		627		462,850
Corporate bonds	1,298		117		—		1,415
Total available-for-sale debt securities	703,095		30,558		629		733,024
Equity securities
Mutual funds	2,202		5		—		2,207
Total equity securities	2,202		5		—		2,207
Total available-for-sale securities	$	705,297	$	30,563	$	629	$	735,231


	December 31, 2019
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential	$	151,037	$	1,668	$	193	$	152,512
Collateralized mortgage obligations - GSE residential	128,876		625		289		129,212
State and political subdivisions	436,448		19,996		104		456,340
Corporate bonds	1,321		88		—		1,409
Total available-for-sale debt securities	717,682		22,377		586		739,473
Equity securities
Mutual funds	2,190		—		29		2,161
Total equity securities	2,190		—		29		2,161
Total available-for-sale securities	$	719,872	$	22,377	$	615	$	741,634

The carrying value of securities pledged as collateral was $50 million and $41 million at March 31, 2020 and December 31, 2019, respectively.

The amortized cost and fair value of available-for-sale debt securities at March 31, 2020, by contractual maturity, are shown below:


	March 31, 2020
	Within			After One to			After Five to			After
	One Year			Five Years			Ten Years			Ten Years			Total
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential⁽¹⁾
Amortized cost	$	—		$	—		$	289		$	143,886		$	144,175
Estimated fair value	$	—		$	—		$	304		$	149,517		$	149,821
Weighted average yield⁽²⁾	—		%	—		%	4.02		%	2.43		%	2.43		%
Collateralized mortgage obligations - GSE residential⁽¹⁾
Amortized cost	$	—		$	—		$	2,517		$	113,217		$	115,734
Estimated fair value	$	—		$	—		$	2,722		$	116,216		$	118,938
Weighted average yield⁽²⁾	—		%	—		%	2.76		%	1.40		%	1.43		%
State and political subdivisions
Amortized cost	$	655		$	6,039		$	61,072		$	374,122		$	441,888
Estimated fair value	$	655		$	6,141		$	64,922		$	391,132		$	462,850
Weighted average yield⁽²⁾	9.42		%	5.76		%	3.50		%	3.04		%	3.15		%
Corporate bonds
Amortized cost	$	—		$	361		$	937		$	—		$	1,298
Estimated fair value	$	—		$	380		$	1,035		$	—		$	1,415
Weighted average yield⁽²⁾	—		%	5.83		%	5.42		%	—		%	5.53		%
Total available-for-sale debt securities
Amortized cost	$	655		$	6,400		$	64,815		$	631,225		$	703,095
Estimated fair value	$	655		$	6,521		$	68,983		$	656,865		$	733,024
Weighted average yield⁽²⁾	9.42		%	5.76		%	3.46		%	2.61		%	2.72		%
⁽¹⁾ Actual maturities may differ from contractual maturities because issuers may have the rights to call or prepay obligations with or without prepayment penalties.
⁽²⁾Yields are calculated based on amortized cost.

The following tables show gross unrealized losses, the number of securities that are in an unrealized loss position, and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment class and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2020 and December 31, 2019:


	March 31, 2020
	Less than 12 Months									12 Months or More						Total
	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities
	(Dollars in thousands)
Available-for-Sale Debt Securities
Mortgage-backed - GSE residential	$	—	$	—	—	$	—	$	—	—	$	—	$	—	—
Collateralized mortgage obligations - GSE residential	17		2		1	—		—		—	17		2		1
State and political subdivisions	13,926		625		9	154		2		2	14,080		627		11
Corporate bonds	—		—		—	—		—		—	—		—		—
Total temporarily impaired debt securities	$	13,943	$	627	10	$	154	$	2	2	$	14,097	$	629	12


	December 31, 2019
	Less than 12 Months									12 Months or More						Total
	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities
	(Dollars in thousands)
Available-for-Sale Debt Securities
Mortgage-backed - GSE residential	$	7,959	$	38	2	$	20,396	$	155	4	$	28,355	$	193	6
Collateralized mortgage obligations - GSE residential	48,980		199		7	8,622		90		9	57,602		289		16
State and political subdivisions	21,412		102		11	167		2		2	21,579		104		13
Corporate bonds	530		—		1	—		—		—	530		—		1
Total temporarily impaired debt securities	$	78,881	$	339	21	$	29,185	$	247	15	$	108,066	$	586	36

The unrealized losses on the Company’s investments in state and political subdivisions were caused by interest rate changes and adjustments in credit ratings. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost basis of the investments. The unrealized losses on the Company’s investments in collateralized mortgage-backed securities were caused by interest rate changes and market assumptions about prepayment speeds.

The Company expects to recover the amortized cost basis over the term of the securities. Because the Company does not intend to sell the investments and it is not more likely than not the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired (“OTTI”) at March 31, 2020.

Gains and losses on the sale of debt securities are recorded on the trade date and are determined using the specific identification method. Gross gains of $402 thousand and $57 thousand and gross losses of $9 thousand and $4 thousand resulting from sales of available-for-sale securities were realized for the three months ended March 31, 2020 and 2019, respectively. The gross gains as of March 31, 2020, included $75 thousand related to a previously disclosed OTTI municipal security that was settled in 2020.

Equity Securities

Equity securities consist of Community Reinvestment Act mutual funds. The fair value of the equity securities was $2 million at both March 31, 2020 and December 31, 2019. The following is a summary of the recorded fair value and the unrealized and realized gains and losses recognized in net income on available-for-sale equity securities:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands)
Net gains recognized during the reporting period on equity securities	$	34	$	26
Less: net gains recognized during the reporting period on equity securities sold during the reporting period	—		—
Unrealized gain recognized during the reporting period on equity securities still held at the reporting date	$	34	$	26

Loans and Allowance for Loan Leases

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Loans and Allowance for Loan Losses

Categories of loans at March 31, 2020 and December 31, 2019 include:


	March 31, 2020		December 31, 2019

	(Dollars in thousands)
Commercial	$	1,355,723	$	1,356,817
Energy	398,797		408,573
Commercial real estate	1,084,684		1,024,041
Construction and land development	625,145		628,418
Residential real estate	503,702		398,695



Consumer	43,118		45,163
Gross loans	4,011,169		3,861,707
Less: Allowance for loan losses	51,458		56,896
Less: Net deferred loan fees and costs	8,718		9,463
Net loans	$	3,950,993	$	3,795,348

Allowance for Loan Losses

The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the loan balance is not collectible. Subsequent recoveries, if any, are credited to the allowance.

The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of its ability to collect the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.

The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers unclassified loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process and loan categories. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data.

The following tables summarize the activity in the allowance for loan losses by portfolio segment and disaggregated based on the Company’s impairment methodology. The allocation in one portfolio segment does not preclude its availability to absorb losses in other segments:


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
Three months ended March 31, 2020
Allowance for loan losses
Beginning balance	$	35,864	$	6,565	$	8,085	$	3,516	$	2,546	320		$	56,896
Provision charged to expense	3,271		2,313		4,538		1,505		2,141		182		13,950
Charge-offs	(18,077)		(1,279)		—		—		—		(104)		(19,460)
Recoveries	71		—		—		—		—		1		72
Ending balance	$	21,129	$	7,599	$	12,623	$	5,021	$	4,687	$	399	$	51,458


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
Three months ended March 31, 2019
Allowance for loan losses
Beginning balance	$	16,584	$	10,262	$	6,755	$	2,475	$	1,464	$	286	$	37,826
Provision charged to expense	5,163		(3,748)		716		110		583		26		2,850
Charge-offs	(1,254)		—		—		—		—		(10)		(1,264)
Recoveries	13		576		—		—		—		—		589
Ending balance	$	20,506	$	7,090	$	7,471	$	2,585	$	2,047	$	302	$	40,001


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
March 31, 2020
Ending balance
Individually evaluated for impairment	$	3,228	$	1,224	$	1,449	$	—	$	189	$	—	$	6,090
Collectively evaluated for impairment	$	17,901	$	6,375	$	11,174	$	5,021	$	4,498	$	399	$	45,368


Allocated to loans:
Individually evaluated for impairment	$	71,983	$	15,703	$	14,840	$	—	$	5,654	$	254	$	108,434
Collectively evaluated for impairment	$	1,283,740	$	383,094	$	1,069,844	$	625,145	$	498,048	$	42,864	$	3,902,735
Ending balance	$	1,355,723	$	398,797	$	1,084,684	$	625,145	$	503,702	$	43,118	$	4,011,169


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
December 31, 2019
Ending balance
Individually evaluated for impairment	$	19,942	$	1,949	$	210	$	—	$	197	$	—	$	22,298
Collectively evaluated for impairment	$	15,922	$	4,616	$	7,875	$	3,516	$	2,349	$	320	$	34,598

Allocated to loans:
Individually evaluated for impairment	$	70,876	9,744		$	10,492	$	—	$	2,388	$	—	$	93,500
Collectively evaluated for impairment	$	1,285,941	$	398,829	$	1,013,549	$	628,418	$	396,307	$	45,163	$	3,768,207
Ending balance	$	1,356,817	$	408,573	$	1,024,041	$	628,418	$	398,695	$	45,163	$	3,861,707

Credit Risk Profile

The Company analyzes its loan portfolio based on an internal rating category (grades 1 - 8), portfolio segment and payment activity. These categories are utilized to develop the associated allowance for loan losses. A description of the loan grades and segments follows:

Loan Grades

•Pass & Watch (risk rating 1 - 4) - Considered satisfactory. Includes borrowers that generally maintain good liquidity and financial condition or the credit is currently protected with sales trends remaining flat or declining. Most ratios compare favorably with industry norms and Company policies. Debt is programmed and timely repayment is expected.

•Special Mention (risk rating 5) - Borrowers generally exhibit adverse trends in operations or an imbalanced position in their balance sheet that has not reached a point where repayment is jeopardized. Credits are currently protected but, if left uncorrected, the potential weaknesses may result in deterioration of the repayment prospects for the credit or in the Company’s credit or lien position at a future date. These credits are not adversely classified and do not expose the Company to enough risk to warrant adverse classification.

•Substandard (risk rating 6) - Credits generally exhibit a well-defined weaknesses that jeopardize repayment. Credits are inadequately protected by the current worth and paying capacity of the obligor or of the collateral pledged. A distinct possibility exists that the Company will sustain some loss if deficiencies are not corrected. Loss potential, while existing in the aggregate amount of substandard assets, does not have to exist in individual assets classified substandard.

•Doubtful (risk rating 7) - Credits which exhibit weaknesses inherent in a substandard credit with the added characteristic that these weaknesses make collection or liquidation in full highly questionable and improbable based on existing facts, conditions and values. Because of reasonably specific pending factors, which may work to the advantage and strengthening of the assets, classification as a loss is deferred until its more exact status may be determined.

•Loss (risk rating 8) - Credits which are considered uncollectible or of such little value that their continuance as a bankable asset is not warranted.

Loan Portfolio Segments

•Commercial - Includes loans to commercial customers for use in financing working capital needs, equipment purchases and expansions. Repayment is primarily from the cash flow of a borrower’s principal business operation. Credit risk is driven by creditworthiness of a borrower and the economic conditions that impact the cash flow stability from business operations.

•Energy - Includes loans to oil and natural gas customers for use in financing working capital needs, exploration and production activities, and acquisitions. The loans are repaid primarily from the conversion of crude oil and natural gas to cash. Credit risk is driven by creditworthiness of a borrower and the economic conditions that impact the cash flow stability from business operations. Energy loans are typically collateralized with the underlying oil and gas reserves.

•Commercial Real Estate - Loans typically involve larger principal amounts, and repayment of these loans is generally dependent on the successful operations of the property securing the loan or the business conducted on the property securing the loan. These are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Credit risk may be impacted by the creditworthiness of a borrower, property values and the local economies in the borrower’s market areas.

•Construction and Land Development - Loans are usually based upon estimates of costs and estimated value of the completed project and include independent appraisal reviews and a financial analysis of the developers and property owners. Sources of repayment include permanent loans, sales of developed property or an interim loan commitment from the Company until permanent financing is obtained. These loans are higher risk than other real estate loans due to their ultimate repayment being sensitive to interest rate changes, general economic conditions and the availability of long-term financing. Credit risk may be impacted by the creditworthiness of a borrower, property values and the local economies in the borrower’s market areas.

•Residential Real Estate - The loans are generally secured by owner-occupied 1-4 family residences or multifamily properties. Repayment of these loans is primarily dependent on the personal income and credit rating of the borrowers or underlying tenants. Credit risk in these loans can be impacted by economic conditions within or outside the borrower’s market areas that might impact either property values, a borrower’s personal income, or residents’ income.

•Consumer - The loan portfolio consists of revolving lines of credit and various term loans such as automobile loans and loans for other personal purposes. Repayment is primarily dependent on the personal income and credit rating of the borrowers. Credit risk is driven by consumer economic factors (such as unemployment and general economic conditions in the borrower’s market area) and the creditworthiness of a borrower.

The following tables present the credit risk profile of the Company’s loan portfolio based on an internal rating category (grades 1 - 8), portfolio segment and payment activity:


	Pass & Watch		Special Mention		Substandard		Doubtful		Loss		Total
	(Dollars in thousands)
March 31, 2020
Commercial	$	1,234,385	$	49,459	$	71,879	$	—	$	—	$	1,355,723
Energy	370,614		12,628		12,294		3,261		—		398,797
Commercial real estate	1,058,543		14,985		10,329		827		—		1,084,684
Construction and land development	625,145		—		—		—		—		625,145
Residential real estate	496,236		1,791		5,675		—		—		503,702



Consumer	42,864		—		254		—		—		43,118
	$	3,827,787	$	78,863	$	100,431	$	4,088	$	—	$	4,011,169


	Pass & Watch		Special Mention		Substandard		Doubtful		Loss		Total
	(Dollars in thousands)
December 31, 2019
Commercial	$	1,258,952	$	27,069	$	70,796	$	—	$	—	$	1,356,817
Energy	392,233		9,460		2,340		4,540		—		408,573
Commercial real estate	1,007,921		9,311		5,866		943		—		1,024,041
Construction and land development	628,418		—		—		—		—		628,418
Residential real estate	394,495		1,789		2,411		—		—		398,695



Consumer	45,163		—		—		—		—		45,163
	$	3,727,182	$	47,629	$	81,413	$	5,483	$	—	$	3,861,707

The Company evaluates the loan risk grading system definitions, portfolio segment definitions and allowance for loan loss methodology on an ongoing basis. No significant changes were made during the past year.

Loan Portfolio Aging Analysis

The following tables present the Company’s loan portfolio aging analysis of the recorded investment in loans as of March 31, 2020 and December 31, 2019:


	30-59 Days Past Due		60-89 Days Past Due		90 Days or More		Total Past Due		Current		Total Loans Receivable		Loans >= 90 Days and Accruing
	(Dollars in thousands)
March 31, 2020
Commercial	$	5,135	$	469	$	10,062	$	15,666	$	1,340,057	$	1,355,723	$	—
Energy	—		5,612		3,314		8,926		389,871		398,797		—
Commercial real estate	4,092		—		4,586		8,678		1,076,006		1,084,684		—
Construction and land development	—		—		—		—		625,145		625,145		—
Residential real estate	3,707		269		1,920		5,896		497,806		503,702		—



Consumer	—		254		—		254		42,864		43,118		—
	$	12,934	$	6,604	$	19,882	$	39,420	$	3,971,749	$	4,011,169	$	—


	30-59 Days Past Due		60-89 Days Past Due		90 Days or More		Total Past Due		Current		Total Loans Receivable		Loans >= 90 Days and Accruing
	(Dollars in thousands)
December 31, 2019
Commercial	$	1,091	$	276	$	30,911	$	32,278	$	1,324,539	$	1,356,817	$	37
Energy	2,340		—		4,593		6,933		401,640		408,573		53
Commercial real estate	316		—		4,589		4,905		1,019,136		1,024,041		4,501
Construction and land development	196		—		—		196		628,222		628,418		—
Residential real estate	2,347		—		1,919		4,266		394,429		398,695		—

Consumer	2		254		—		256		44,907		45,163		—
	$	6,292	$	530	$	42,012	$	48,834	$	3,812,873	$	3,861,707	$	4,591

Impaired Loans

A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming loans but also include loans modified in troubled debt restructurings where concessions have been granted to borrowers experiencing financial difficulties. The intent of concessions is to maximize collection.

Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans.

The following tables present impaired loans for the periods ended March 31, 2020 and December 31, 2019:


			Unpaid
	Recorded Balance		Principal Balance		Specific Allowance
	(Dollars in thousands)
March 31, 2020
Loans without a specific valuation
Commercial	$	60,048	$	60,077	$	—
Energy	3,462		7,741		—
Commercial real estate	8,492		8,622		—
Construction and land development	—		—		—
Residential real estate	5,409		5,430		—



Consumer	254		254		—
Loans with a specific valuation
Commercial	11,935		23,341		3,228
Energy	12,241		12,241		1,224
Commercial real estate	6,348		6,474		1,449
Construction and land development	—		—		—
Residential real estate	245		244		189



Consumer	—		—		—


Total
Commercial	71,983		83,418		3,228
Energy	15,703		19,982		1,224
Commercial real estate	14,840		15,096		1,449
Construction and land development	—		—		—
Residential real estate	5,654		5,674		189



Consumer	254		254		—
	$	108,434	$	124,424	$	6,090


			Unpaid
	Recorded Balance		Principal Balance		Specific Allowance
	(Dollars in thousands)
December 31, 2019
Loans without a specific valuation
Commercial	$	35,846	$	35,846	$	—
Energy	2,864		2,864		—
Commercial real estate	9,464		9,464		—
Construction and land development	—		—		—
Residential real estate	2,139		2,139		—

Consumer	—		—		—
Loans with a specific valuation
Commercial	35,030		40,030		19,942
Energy	6,880		9,880		1,949
Commercial real estate	1,028		1,028		210
Construction and land development	—		—		—
Residential real estate	249		249		197

Consumer	—		—		—

Total
Commercial	70,876		75,876		19,942
Energy	9,744		12,744		1,949
Commercial real estate	10,492		10,492		210
Construction and land development	—		—		—
Residential real estate	2,388		2,388		197

Consumer	—		—		—
	$	93,500	$	101,500	$	22,298

The table below shows interest income recognized during the three month periods ended March 31, 2020 and March 31, 2019 for impaired loans held at the end of each period:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Commercial	$	910	$	1,285
Energy	122		152
Commercial real estate	123		254
Construction and land development	—		—
Residential real estate	40		11



Consumer	—		—
Total interest income recognized	$	1,195	$	1,702

The table below shows the three month average balance of impaired loans as of March 31, 2020 and 2019 by loan category for impaired loans held at the end of each period:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Commercial	$	86,626	$	77,698
Energy	16,976		15,986
Commercial real estate	14,927		14,073
Construction and land development	—		—
Residential real estate	5,230		2,157

Consumer	254		—
Total average impaired loans	$	124,013	$	109,914

Non-accrual Loans

Nonperforming loans are loans for which the Company does not record interest income. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 days past due unless the credit is well secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on non-accrual or charged off at an earlier date, if collection of principal or interest is considered doubtful.

All interest accrued but not collected for loans that are placed on non-accrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. The following table presents the Company’s non-accrual loans by loan category at March 31, 2020 and December 31, 2019:



	March 31, 2020		December 31, 2019
	(Dollars in thousands)

Commercial	$	10,352	$	32,130
Energy	8,265		4,540
Commercial real estate	5,443		1,063
Construction and land development	—		—
Residential real estate	1,941		1,942

Consumer	254		—
Total non-accrual loans	$	26,255	$	39,675

Troubled Debt Restructurings

Restructured loans are those extended to borrowers who are experiencing financial difficulty and who have been granted a concession. The modification of terms typically includes the extension of maturity, reduction or deferment of monthly payment, or reduction of the stated interest rate.

The table below presents loans restructured, excluding loans restructured as a result of the COVID-19 pandemic, during the three months ended March 31, 2020 and 2019, including the post-modification outstanding balance and the type of concession made:


	Three Months Ended
	March 31, 2020		March 31, 2019
	(Dollars in thousands)
Commercial
- Interest rate reduction	$	3,171	$	—
- Reduction of monthly payment	—		4,761

Energy
- Extension of maturity date	2,340		—









Total troubled debt restructurings	$	5,511	$	4,761

As of March 31, 2020 and December 31, 2019, the Company had $556 thousand and $934 thousand, respectively, in unfunded commitments to borrowers whose terms have been modified in troubled debt restructurings. As of March 31, 2020, the modifications related to the troubled debt restructurings above did not impact the allowance for loan losses because the loans were previously impaired and evaluated on an individual basis or enough collateral was obtained to provide an additional commitment.

The balance of restructured loans, excluding loans restructured as a result of the COVID-19 pandemic, is provided below as of March 31, 2020 and December 31, 2019. In addition, the balance of those loans that are in default at any time during the past twelve months at March 31, 2020 and December 31, 2019 is provided below:



	March 31, 2020								December 31, 2019
	Number of Loans	Outstanding Balance		Balance 90 days past due at any time during previous 12 months⁽¹⁾		Number of Loans	Outstanding Balance		Balance 90 days past due at any time during previous 12 months⁽¹⁾
	(Dollars in thousands)
Commercial	6	$	9,966	$	842	7	$	31,770	$	831
Energy	3	5,100		—		2	2,864		—
Commercial real estate	3	4,772		—		3	4,909		—
Construction and land development	—	—		—		—	—		—
Residential real estate	1	3,000		—		—	—		—

Consumer	—	—		—		—	—		—
Total restructured loans	13	$	22,838	$	842	12	$	39,543	$	831
⁽¹⁾ Default is considered to mean 90 days or more past due as to interest or principal.

The restructured loans above had a total specific valuation allowance of $2 million and $18 million as of March 31, 2020 and December 31, 2019, respectively.

Derivatives and Hedging

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Hedging

Derivatives not designated as hedges are not speculative and result from a service the Company provides to clients. The Company executes interest rate swaps with customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting derivatives that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions. As the interest rate derivatives associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer derivatives and the offsetting derivatives are recognized directly in earnings.

During 2019, the Company changed an input associated with the fair market value related to derivatives not designated as hedges. The model utilized to calculate the non-performance risk, also known as the credit valuation adjustment, or CVA, was adjusted from a more conservative default methodology to a review of the historical defaults recognized by the Company. Management believes this change better aligns with the Company’s credit methodology and underwriting standards.

As of March 31, 2020 and December 31, 2019, the Company had the following outstanding derivatives that were not designated as hedges in qualifying hedging relationships:



	March 31, 2020				December 31, 2019
Product	Number of Instruments	Notional Amount		Number of Instruments	Notional Amount
	(Dollars in thousands)
Back-to-back swaps	58	$	440,617	56	$	380,050

The table below presents the fair value of the Company’s derivative financial instruments and their classification on the Balance Sheet as of March 31, 2020 and December 31, 2019:


	Asset Derivatives								Liability Derivatives
	Balance Sheet	March 31,		December 31,		Balance Sheet	March 31,		December 31,
	Location	2020		2019		Location	2020		2019
	(Dollars in thousands)
Derivatives not designated as hedging instruments
Interest rate products	Other assets	$	28,041	$	9,838	Other liabilities	$	28,139	$	9,907

The effect of the Company’s derivative financial instruments that are not designated as hedging instruments are reported on the Statements of Income as swap fee income, net. The effect of the Company’s derivative financial instruments gain and loss are reported on the Statements of Cash Flows within other assets and other liabilities.

The tables below show a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of March 31, 2020 and December 31, 2019:


March 31, 2020
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	28,041	$	—	$	28,041	$	7	$	—	$	28,034
Offsetting of derivative liabilities
Derivatives	$	28,139	$	—	$	28,139	$	7	$	—	$	28,132


December 31, 2019
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	9,838	$	—	$	9,838	$	97	$	—	$	9,741
Offsetting of derivative liabilities
Derivatives	$	9,907	$	—	$	9,907	$	97	$	—	$	9,810

The net presentation above can be reconciled to the tabular disclosure of fair value.

As of March 31, 2020, the Company had minimum collateral posting thresholds with certain of its derivative counter-parties and had posted collateral of $30 million. If the Company had breached any of these provisions at March 31, 2020, it could have been required to settle its obligations under the agreements at their termination value of $28 million.

Time Deposits and Borrowings

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Time Deposits and Borrowings

The scheduled maturities, excluding interest, of the Company’s borrowings at March 31, 2020 were as follows:


	March 31, 2020
	Within One Year		One to Two Years		Two to Three Years		Three to Four Years		Four to Five Years		After Five Years		Total
	(Dollars in thousands)
Time deposits	$	830,347	$	119,398	$	105,246	$	39,557	$	8,394	$	120	$	1,103,062
Fed funds purchased & repurchase agreements	38,946		—		—		—		—		—		38,946
FHLB borrowings	85,000		51,500		11,080		35,000		—		220,100		402,680

Trust preferred securities⁽¹⁾	—		—		—		—		—		931		931
	$	954,293	$	170,898	$	116,326	$	74,557	$	8,394	$	221,151	$	1,545,619

(1) The contract value of the trust preferred securities is $2.5 million and is currently being accreted to the maturity date of 2035.

Change in Accumulated Other Comprehensive Income ("AOCI")

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Change in Accumulated Other Comprehensive Income ("AOCI")

Change in Accumulated Other Comprehensive Income (“AOCI”)

Amounts reclassified from AOCI and the affected line items in the consolidated Statements of Income during the three months ended March 31, 2020 and 2019, were as follows:




	Three Months Ended
	March 31,					Affected Line Item in the
	2020		2019		Statements of Income
	(Dollars in thousands)
Unrealized gains on available-for-sale securities	$	393	$	53	Gain on sale of available-for-sale securities
Amount reclassified before tax	393		53
Less: tax effect	96		13		Income tax expense
Net reclassified amount	$	297	$	40

Regulatory Matters

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Regulatory Matters

The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. 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 consolidated financial statements. Management believes that, as of March 31, 2020, the Company and the Bank met all capital adequacy requirements to which they are subject.

The capital rules require us to maintain a 2.5% capital conservation buffer with respect to common equity tier I capital, tier I capital to risk-weighted assets, and total capital to risk-weighted assets, which is included in the column “Minimum Capital Required - Basel III Fully Phased-In” within the table below. A financial institution with a conservation buffer of less than the required amount is subject to limitations on capital distributions, including dividend payments and stock repurchases, as well as certain discretionary bonus payments to executive officers.

The Company’s and the Bank’s actual capital amounts and ratios as of March 31, 2020 and December 31, 2019 are presented in the following table:


	Actual						Minimum Capital Required - Basel III Fully Phased-In						Required to be Considered Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
March 31, 2020
Total Capital to Risk-Weighted Assets
Consolidated	$	634,335	13.2	%	$	505,786	10.5	%	N/A		N/A
Bank	580,631		12.1		505,649		10.5		$	481,571	10.0	%
Tier I Capital to Risk-Weighted Assets
Consolidated	582,877		12.1		409,446		8.5		N/A		N/A
Bank	529,172		11.0		409,335		8.5		385,257		8.0
Common Equity Tier 1 to Risk-Weighted Assets
Consolidated	581,946		12.1		337,191		7.0		N/A		N/A
Bank	529,172		11.0		337,100		7.0		313,021		6.5
Tier I Capital to Average Assets
Consolidated	582,877		11.8		197,473		4.0		N/A		N/A
Bank	$	529,172	10.7	%	$	197,437	4.0	%	$	246,796	5.0	%
December 31, 2019
Total Capital to Risk-Weighted Assets
Consolidated	$	633,228	13.4	%	$	495,095	10.5	%	N/A		N/A
Bank	581,600		12.3		494,954		10.5		$	471,385	10.0	%
Tier I Capital to Risk-Weighted Assets
Consolidated	576,332		12.2		400,791		8.5		N/A		N/A
Bank	524,704		11.1		400,677		8.5		377,108		8.0
Common Equity Tier 1 to Risk-Weighted Assets
Consolidated	575,411		12.2		330,063		7.0		N/A		N/A
Bank	524,704		11.1		329,970		7.0		306,400		6.5
Tier I Capital to Average Assets
Consolidated	576,332		12.1		191,099		4.0		N/A		N/A
Bank	$	524,704	11.0	%	$	191,170	4.0	%	$	238,963	5.0	%

- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 942
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 942
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-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958574-112826

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826

+ Details

Stock-Based Compensation

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation

The Company issues stock-based compensation in the form of nonvested restricted stock and stock appreciation rights under the 2018 Omnibus Equity Incentive Plan (“Omnibus Plan”). The Omnibus Plan will expire on the tenth anniversary of its effective date. In addition, the Company has an Employee Stock Purchase Plan that was indefinitely suspended effective April 1, 2019. The aggregate number of shares authorized for future issuance under the Omnibus Plan is 2,073,345 shares as of March 31, 2020.

The table below summarizes the stock-based compensation for the three months ended March 31, 2020 and 2019:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands)
Stock appreciation rights	$	256	$	259
Performance based stock awards	74		95
Restricted stock units and awards	604		744
Employee stock purchase plan	—		37
Total stock-based compensation	$	934	$	1,135

Performance Based Stock Awards (“PBSAs”)

The Company awards PBSAs to key officers of the Company. The stock settled awards are typically granted annually as determined by the Compensation Committee. The performance based shares typically cliff-vest at the end of three years based on attainment of certain performance metrics developed by the Compensation Committee. The ultimate number of shares issuable under each performance award is the product of the award target and the award payout percentage given the level of achievement. The award payout percentages by level of achievement range between 0% of target and 150% of target.

During 2020, the Company granted 41,283 PBSAs. The performance metrics include three year cumulative net income and return on average assets.

The following table summarizes the status of and changes in the performance-based awards:


	Performance Based Stock Awards
	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested, January 1, 2020	192,248	$9.88
Granted	41,283	13.55
Vested	0	0.00
Forfeited	0	0.00
Nonvested, March 31, 2020	233,531	$10.53

Unrecognized stock-based compensation related to the performance awards issued through March 31, 2020 was $808 thousand and is expected to be recognized over 2.5 years.

Restricted Stock Units (“RSUs”) and Restricted Stock Awards (“RSAs”)

The Company issues RSUs and RSAs to provide additional incentives to key officers, employees, and nonemployee directors. Awards are typically granted annually as determined by the Compensation Committee. The service based RSUs typically cliff-vest at the end of three years for awards issued prior to 2019 and vest in equal amounts over three years for all other RSUs. The service based RSAs typically cliff-vest after one year.

The following table summarizes the status of and changes in the RSUs and RSAs:


	Restricted Stock Units and Awards
	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested, January 1, 2020	340,780	$15.35
Granted	195,051	13.63
Vested	(86,146)	15.50
Forfeited	0	0.00
Nonvested, March 31, 2020	449,685	$14.58

Unrecognized stock-based compensation related to the RSUs and RSAs issued through March 31, 2020 was $5 million and is expected to be recognized over 2.1 years.

Income Tax

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Income Tax

A reconciliation of the income tax expense at the statutory rate to the Company’s actual income tax expense is shown below:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Computed at the statutory rate (21%)	$	872	$	2,051
Increase (decrease) resulting from
Tax-exempt income	(790)		(713)
Nondeductible expenses	64		73
State tax credit	—		(1,361)
State income taxes	142		441
Equity based compensation	26		(55)
Other adjustments	(21)		(17)
Actual tax expense	$	293	$	419

The tax effects of temporary differences related to deferred taxes shown on the consolidated Balance Sheets are presented below:



	March 31, 2020		December 31, 2019
	(Dollars in thousands)
Deferred tax assets

Allowance for loan losses	$	12,597	$	13,928
Lease incentive	287		294
Impairment of available-for-sale securities	—		493

Loan fees	2,134		2,317
Net operating loss carryover	650		339
Accrued expenses	801		2,131
Deferred compensation	2,088		2,444

State tax credit	3,288		3,287
Other	420		81
Total deferred tax asset	22,265		25,314
Deferred tax liability
Fair market value adjustments - trust preferred securities	(346)		(348)
Net unrealized gain on securities available-for-sale	(7,327)		(5,339)
FHLB stock basis	(1,068)		(996)
Premises and equipment	(3,462)		(3,620)
Other	(1,148)		(1,229)
Total deferred tax liability	(13,351)		(11,532)
Net deferred tax asset	$	8,914	$	13,782

CARES Act

The CARES Act, which was enacted on March 27, 2020 in the U.S., includes many measures to assist companies, including temporary changes to income and non-income-based tax laws. Some of the key tax-related provisions of the bill include:

•Allowing NOLs originating in 2018, 2019 or 2020 to be carried back five years; and

•Increasing the net interest expense deduction limit to 50% of adjusted taxable income from 30% for tax years beginning January 1, 2019 and 2020.

•The Company plans to carry back a portion of any net operating loss incurred during 2020 to offset income during the prior year.

Disclosures about Fair Value of Financial Instruments

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Disclosures about Fair Value of Financial Instruments

Fair value 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 measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value:

Level 1 Quoted prices in active markets for identical assets or liabilities.

Level 2 Observable inputs other than Level 1 prices, such as 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 for substantially the full term of the assets or liabilities.

Level 3 Unobservable inputs supported by little or no market activity and significant to the fair value of the assets or liabilities.

Recurring Measurements

The following tables present the fair value measurements of assets and liabilities recognized in the accompanying consolidated Balance Sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2020 and December 31, 2019:


			March 31, 2020
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Available-for-sale securities
Mortgage-backed - GSE residential	$	149,821	$	—	$	149,821	$	—
Collateralized mortgage obligations - GSE residential	118,938		—		118,938		—
State and political subdivisions	462,850		—		462,850		—
Corporate bonds	1,415		—		1,415		—
Mutual funds	2,207		—		2,207		—
Derivative assets	28,041		—		28,041		—
Derivative liabilities	$	28,139	$	—	$	28,139	$	—


			December 31, 2019
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Available-for-sale securities
Mortgage-backed - GSE residential	$	152,512	$	—	$	152,512	$	—
Collateralized mortgage obligations - GSE residential	129,212		—		129,212		—
State and political subdivisions	456,340		—		456,340		—
Corporate bonds	1,409		—		1,409		—
Mutual funds	2,161		—		2,161		—
Derivative assets	9,838		—		9,838		—
Derivative liabilities	$	9,907	$	—	$	9,907	$	—

Following is a description of the valuation methodologies and inputs used for assets and liabilities measured at fair value on a recurring basis and recognized in the Company’s accompanying consolidated Balance Sheets.

Available-for-Sale Securities

Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated by using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Such securities are classified in Level 2 of the valuation hierarchy.

Derivatives

Fair value of the interest rate swaps is obtained from independent pricing services based on quoted market prices for similar derivative contracts.

Nonrecurring Measurements

The following tables present assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2020 and December 31, 2019:


			March 31, 2020
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Collateral-dependent impaired loans	$	24,679	$	—	$	—	$	24,679


			December 31, 2019
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Collateral-dependent impaired loans	$	20,889	$	—	$	—	$	20,889

Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying consolidated Balance Sheets.

Collateral-dependent Impaired Loans, Net of ALLL

The estimated fair value of collateral-dependent impaired loans is based on the appraised fair value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 of the fair value hierarchy.

The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Appraisals of the collateral underlying collateral-dependent loans are obtained when the loan is determined to be collateral-dependent and subsequently as deemed necessary by the Office of the Chief Credit Officer.

Appraisals are reviewed for accuracy and consistency by the Office of the Chief Credit Officer. Appraisers are selected from the list of approved appraisers maintained by management. The appraised values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. These discounts and estimates are developed by the Office of the Chief Credit Officer by comparison to historical results.

Unobservable (Level 3) Inputs

The following tables present quantitative information about unobservable inputs used in nonrecurring Level 3 fair value measurements at March 31, 2020 and December 31, 2019:

March 31, 2020

Fair Value

Valuation Techniques

Unobservable Inputs

Range (Weighted Average)

(Dollars in thousands)

Collateral-dependent impaired loans

24,679

Market comparable properties

Marketability discount

10% - 15%

(12%)

December 31, 2019

Fair Value

Valuation Techniques

Unobservable Inputs

Range (Weighted Average)

(Dollars in thousands)

Collateral-dependent impaired loans

20,889

Market comparable properties

Marketability discount

10% - 15%

(12%)

The following tables present the estimated fair values of the Company’s financial instruments at March 31, 2020 and December 31, 2019:


	March 31, 2020
	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Financial Assets
Cash and cash equivalents	$	158,987	$	158,987	$	—	$	—	$	158,987
Available-for-sale securities	735,231		—		735,231		—		735,231
Loans, net of allowance for loan losses	3,950,993		—		—		3,946,203		3,946,203
Restricted equity securities	18,539		—		—		18,539		18,539
Interest receivable	16,958		—		16,958		—		16,958
Derivative assets	28,041		—		28,041		—		28,041
	$	4,908,749	$	158,987	$	780,230	$	3,964,742	$	4,903,959
Financial Liabilities
Deposits	$	3,972,822	$	567,215	$	—	$	3,428,178	$	3,995,393
Federal funds purchased and repurchase agreements	38,946		—		38,946		—		38,946
Federal Home Loan Bank advances	402,680		—		423,799		—		423,799
Other borrowings	931		—		1,576		—		1,576
Interest payable	3,365		—		3,365		—		3,365
Derivative liabilities	28,139		—		28,139		—		28,139
	$	4,446,883	$	567,215	$	495,825	$	3,428,178	$	4,491,218


	December 31, 2019
	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Financial Assets
Cash and cash equivalents	$	187,320	$	187,320	$	—	$	—	$	187,320
Available-for-sale securities	741,634		—		741,634		—		741,634
Loans, net of allowance for loan losses	3,795,348		—		—		3,810,818		3,810,818
Restricted equity securities	17,278		—		—		17,278		17,278
Interest receivable	15,716		—		15,716		—		15,716
Derivative assets	9,838		—		9,838		—		9,838
	$	4,767,134	$	187,320	$	767,188	$	3,828,096	$	4,782,604
Financial Liabilities
Deposits	$	3,923,759	$	521,826	$	—	$	3,407,012	$	3,928,838
Federal funds purchased and repurchase agreements	14,921		—		14,921		—		14,921
Federal Home Loan Bank advances	358,743		—		357,859		—		357,859
Other borrowings	921		—		2,147		—		2,147
Interest payable	4,584		—		4,584		—		4,584
Derivative liabilities	9,907		—		9,907		—		9,907
	$	4,312,835	$	521,826	$	389,418	$	3,407,012	$	4,318,256

- 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.

+ References + Details

Commitments and Credit Risk

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and Credit Risk

Commitments

The Company had the following commitments at March 31, 2020 and December 31, 2019:


	March 31, 2020		December 31, 2019
	(Dollars in thousands)
Commitments to originate loans	$	182,941	$	134,652
Standby letters of credit	34,828		39,035
Lines of credit	1,204,712		1,351,873
Future lease commitments	22,394		20,935
Total	$	1,444,875	$	1,546,495

Concentrations of Credit Risk

As of March 31, 2020, the Company’s energy portfolio represented 10% of gross loans. The energy portfolio is subdivided into exploration and production for oil and natural gas, which represented approximately 65% and 35%, respectively of the energy portfolio at March 31, 2020. The dramatic decrease in demand for oil and natural gas created by the COVID-19 pandemic put considerable pricing volatility and uncertainty in the market. Depressed prices may strain our customer’s cash flows, lower their liquidity, and decrease property values that could create negative grade migration over the next several quarters. The length of the COVID-19 pandemic disruption and the pace of economic recovery will determine the severity of the grade migration and potential loss impact within the energy portfolio. Information pertaining to the energy portfolio may be found within Note 4: Loans and Allowance for Loan Losses.

Legal and Regulatory Proceedings	3 Months Ended
Legal and Regulatory Proceedings	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal and Regulatory Proceedings	Legal and Regulatory Proceedings General Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. It is the opinion of management the disposition or ultimate resolution of such claims and lawsuits will not have a material adverse effect on the consolidated financial position, result of operations and cash flows of the Company.

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsSubsequent to March 31, 2020, the Coronavirus (“COVID-19”) pandemic continued to impact our customers. Most industries and individuals have been and are expected to continue to be impacted as a result of the COVID-19 pandemic and measures taken in response thereto. A large number of Americans were furloughed or lost their jobs as many businesses closed or saw a reduction in business activity. The COVID-19 pandemic has caused, and is expected to continue to cause, economic uncertainty and a disruption to the financial markets, the duration and extent of which is not currently known.

Nature of Operations and Summary of Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Basis of Presentation

Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.

Use of Estimates

Cash Equivalents

Cash EquivalentsThe Company had $111 million of cash and cash equivalents at the Federal Reserve Bank of Kansas City as of March 31, 2020. The reserve required at March 31, 2020 was $0. In addition, the Company is at times required to place cash collateral with a third party as part of its back-to-back swap agreements. At March 31, 2020, approximately $30 million was required as cash collateral.

Changes Affecting Comparability

Changes Affecting ComparabilityFor the quarter ended March 31, 2020, the Company consolidated the “Other” line item previously included in stockholders’ equity into retained earnings within the Consolidated Balance Sheets and the Consolidated Statements of Stockholders’ Equity. The consolidation was made due to the immateriality of the “Other” line item.

Change in Accounting Principle and Recent Accounting Pronouncements

Change in Accounting Principle

Recent Accounting Pronouncements

The Company has implemented the following ASUs during 2020:

Standard

Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2019-12:

Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

January 1, 2020

(Early Adoption)

The amendments in the ASU did not have a material impact on the Company’s tax methodology, processes, or the Company’s financial statements.

ASU 2018-13:

Fair Value Measurement (Topic 820): Disclosure Framework

January 1, 2020

ASU 2017-04:

Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

January 1, 2020

(Early Adoption)

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2020-04:

Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

The Company had more than $1 billion in loans tied to LIBOR as of March 31, 2020.

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2016-13

Financial Instruments-Credit Losses

If we maintain our EGC status, the Company is not required to implement this standard until January 2023. The Company will monitor its progress and the requirements related to adoption.

ASU 2016-02

Leases (Topic 842)

Requires lessees and lessors to recognize lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements.

The update will also increase disclosures around leases, including qualitative and specific quantitative measures.

Allowance for Loan Losses

Impaired Loans

Non-accrual Loans

Troubled Debt Restructurings

Troubled Debt RestructuringsRestructured loans are those extended to borrowers who are experiencing financial difficulty and who have been granted a concession. The modification of terms typically includes the extension of maturity, reduction or deferment of monthly payment, or reduction of the stated interest rate.

Fair Value Measurement

Available-for-Sale Securities

Derivatives

Fair value of the interest rate swaps is obtained from independent pricing services based on quoted market prices for similar derivative contracts.

Collateral-dependent Impaired Loans, Net of ALLL

Nature of Operations and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The Company has implemented the following ASUs during 2020:

Standard

Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2019-12:

Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

January 1, 2020

(Early Adoption)

The amendments in the ASU did not have a material impact on the Company’s tax methodology, processes, or the Company’s financial statements.

ASU 2018-13:

Fair Value Measurement (Topic 820): Disclosure Framework

January 1, 2020

ASU 2017-04:

Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

January 1, 2020

(Early Adoption)

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2020-04:

Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

The Company had more than $1 billion in loans tied to LIBOR as of March 31, 2020.

Standard

Anticipated Date of Adoption

Description

Effect on Financial Statements or Other Significant Matters

ASU 2016-13

Financial Instruments-Credit Losses

If we maintain our EGC status, the Company is not required to implement this standard until January 2023. The Company will monitor its progress and the requirements related to adoption.

ASU 2016-02

Leases (Topic 842)

Requires lessees and lessors to recognize lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements.

The update will also increase disclosures around leases, including qualitative and specific quantitative measures.

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted earnings per share:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands except per share data)
Earnings per Share
Net income	$	3,857	$	9,350
Less: preferred stock dividends	—		175
Net income available to common stockholders	$	3,857	$	9,175
Weighted average common shares	52,071,484		45,093,442
Earnings per share	$	0.07	$	0.20
Dilutive Earnings Per Share


Net income available to common stockholders	$	3,857	$	9,175
Weighted average common shares	52,071,484		45,093,442
Effect of dilutive shares	588,786		866,825
Weighted average dilutive common shares	52,660,270		45,960,267
Diluted earnings per share	$	0.07	$	0.20

Stock-based awards not included because to do so would be antidilutive	905,406		487,346

Securities (Tables)

3 Months Ended

Mar. 31, 2020

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The amortized cost and approximate fair values, together with gross unrealized gains and losses, of period end available-for-sale debt and equity securities consisted of the following:


	March 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential	$	144,175	$	5,646	$	—	$	149,821
Collateralized mortgage obligations - GSE residential	115,734		3,206		2		118,938
State and political subdivisions	441,888		21,589		627		462,850
Corporate bonds	1,298		117		—		1,415
Total available-for-sale debt securities	703,095		30,558		629		733,024
Equity securities
Mutual funds	2,202		5		—		2,207
Total equity securities	2,202		5		—		2,207
Total available-for-sale securities	$	705,297	$	30,563	$	629	$	735,231


	December 31, 2019
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential	$	151,037	$	1,668	$	193	$	152,512
Collateralized mortgage obligations - GSE residential	128,876		625		289		129,212
State and political subdivisions	436,448		19,996		104		456,340
Corporate bonds	1,321		88		—		1,409
Total available-for-sale debt securities	717,682		22,377		586		739,473
Equity securities
Mutual funds	2,190		—		29		2,161
Total equity securities	2,190		—		29		2,161
Total available-for-sale securities	$	719,872	$	22,377	$	615	$	741,634

Investments Classified by Contractual Maturity Date

The amortized cost and fair value of available-for-sale debt securities at March 31, 2020, by contractual maturity, are shown below:


	March 31, 2020
	Within			After One to			After Five to			After
	One Year			Five Years			Ten Years			Ten Years			Total
	(Dollars in thousands)
Available-for-sale debt securities
Mortgage-backed - GSE residential⁽¹⁾
Amortized cost	$	—		$	—		$	289		$	143,886		$	144,175
Estimated fair value	$	—		$	—		$	304		$	149,517		$	149,821
Weighted average yield⁽²⁾	—		%	—		%	4.02		%	2.43		%	2.43		%
Collateralized mortgage obligations - GSE residential⁽¹⁾
Amortized cost	$	—		$	—		$	2,517		$	113,217		$	115,734
Estimated fair value	$	—		$	—		$	2,722		$	116,216		$	118,938
Weighted average yield⁽²⁾	—		%	—		%	2.76		%	1.40		%	1.43		%
State and political subdivisions
Amortized cost	$	655		$	6,039		$	61,072		$	374,122		$	441,888
Estimated fair value	$	655		$	6,141		$	64,922		$	391,132		$	462,850
Weighted average yield⁽²⁾	9.42		%	5.76		%	3.50		%	3.04		%	3.15		%
Corporate bonds
Amortized cost	$	—		$	361		$	937		$	—		$	1,298
Estimated fair value	$	—		$	380		$	1,035		$	—		$	1,415
Weighted average yield⁽²⁾	—		%	5.83		%	5.42		%	—		%	5.53		%
Total available-for-sale debt securities
Amortized cost	$	655		$	6,400		$	64,815		$	631,225		$	703,095
Estimated fair value	$	655		$	6,521		$	68,983		$	656,865		$	733,024
Weighted average yield⁽²⁾	9.42		%	5.76		%	3.46		%	2.61		%	2.72		%
⁽¹⁾ Actual maturities may differ from contractual maturities because issuers may have the rights to call or prepay obligations with or without prepayment penalties.
⁽²⁾Yields are calculated based on amortized cost.

Schedule of Unrealized Loss on Investments


	March 31, 2020
	Less than 12 Months									12 Months or More						Total
	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities
	(Dollars in thousands)
Available-for-Sale Debt Securities
Mortgage-backed - GSE residential	$	—	$	—	—	$	—	$	—	—	$	—	$	—	—
Collateralized mortgage obligations - GSE residential	17		2		1	—		—		—	17		2		1
State and political subdivisions	13,926		625		9	154		2		2	14,080		627		11
Corporate bonds	—		—		—	—		—		—	—		—		—
Total temporarily impaired debt securities	$	13,943	$	627	10	$	154	$	2	2	$	14,097	$	629	12


	December 31, 2019
	Less than 12 Months									12 Months or More						Total
	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities	Fair Value		Unrealized Losses		Number of Securities
	(Dollars in thousands)
Available-for-Sale Debt Securities
Mortgage-backed - GSE residential	$	7,959	$	38	2	$	20,396	$	155	4	$	28,355	$	193	6
Collateralized mortgage obligations - GSE residential	48,980		199		7	8,622		90		9	57,602		289		16
State and political subdivisions	21,412		102		11	167		2		2	21,579		104		13
Corporate bonds	530		—		1	—		—		—	530		—		1
Total temporarily impaired debt securities	$	78,881	$	339	21	$	29,185	$	247	15	$	108,066	$	586	36

Gain (Loss) on Securities

The following is a summary of the recorded fair value and the unrealized and realized gains and losses recognized in net income on available-for-sale equity securities:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands)
Net gains recognized during the reporting period on equity securities	$	34	$	26
Less: net gains recognized during the reporting period on equity securities sold during the reporting period	—		—
Unrealized gain recognized during the reporting period on equity securities still held at the reporting date	$	34	$	26

Loans and Allowance for Loan Leases (Tables)

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Categories of loans at March 31, 2020 and December 31, 2019 include:


	March 31, 2020		December 31, 2019

	(Dollars in thousands)
Commercial	$	1,355,723	$	1,356,817
Energy	398,797		408,573
Commercial real estate	1,084,684		1,024,041
Construction and land development	625,145		628,418
Residential real estate	503,702		398,695



Consumer	43,118		45,163
Gross loans	4,011,169		3,861,707
Less: Allowance for loan losses	51,458		56,896
Less: Net deferred loan fees and costs	8,718		9,463
Net loans	$	3,950,993	$	3,795,348

Financing Receivable, Allowance for Credit Loss


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
Three months ended March 31, 2020
Allowance for loan losses
Beginning balance	$	35,864	$	6,565	$	8,085	$	3,516	$	2,546	320		$	56,896
Provision charged to expense	3,271		2,313		4,538		1,505		2,141		182		13,950
Charge-offs	(18,077)		(1,279)		—		—		—		(104)		(19,460)
Recoveries	71		—		—		—		—		1		72
Ending balance	$	21,129	$	7,599	$	12,623	$	5,021	$	4,687	$	399	$	51,458


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
Three months ended March 31, 2019
Allowance for loan losses
Beginning balance	$	16,584	$	10,262	$	6,755	$	2,475	$	1,464	$	286	$	37,826
Provision charged to expense	5,163		(3,748)		716		110		583		26		2,850
Charge-offs	(1,254)		—		—		—		—		(10)		(1,264)
Recoveries	13		576		—		—		—		—		589
Ending balance	$	20,506	$	7,090	$	7,471	$	2,585	$	2,047	$	302	$	40,001


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
March 31, 2020
Ending balance
Individually evaluated for impairment	$	3,228	$	1,224	$	1,449	$	—	$	189	$	—	$	6,090
Collectively evaluated for impairment	$	17,901	$	6,375	$	11,174	$	5,021	$	4,498	$	399	$	45,368


Allocated to loans:
Individually evaluated for impairment	$	71,983	$	15,703	$	14,840	$	—	$	5,654	$	254	$	108,434
Collectively evaluated for impairment	$	1,283,740	$	383,094	$	1,069,844	$	625,145	$	498,048	$	42,864	$	3,902,735
Ending balance	$	1,355,723	$	398,797	$	1,084,684	$	625,145	$	503,702	$	43,118	$	4,011,169


	Commercial		Energy		Commercial Real Estate		Construction and Land Development		Residential Real Estate		Consumer		Total
	(Dollars in thousands)
December 31, 2019
Ending balance
Individually evaluated for impairment	$	19,942	$	1,949	$	210	$	—	$	197	$	—	$	22,298
Collectively evaluated for impairment	$	15,922	$	4,616	$	7,875	$	3,516	$	2,349	$	320	$	34,598

Allocated to loans:
Individually evaluated for impairment	$	70,876	9,744		$	10,492	$	—	$	2,388	$	—	$	93,500
Collectively evaluated for impairment	$	1,285,941	$	398,829	$	1,013,549	$	628,418	$	396,307	$	45,163	$	3,768,207
Ending balance	$	1,356,817	$	408,573	$	1,024,041	$	628,418	$	398,695	$	45,163	$	3,861,707

Financing Receivable Credit Quality Indicators

The following tables present the credit risk profile of the Company’s loan portfolio based on an internal rating category (grades 1 - 8), portfolio segment and payment activity:


	Pass & Watch		Special Mention		Substandard		Doubtful		Loss		Total
	(Dollars in thousands)
March 31, 2020
Commercial	$	1,234,385	$	49,459	$	71,879	$	—	$	—	$	1,355,723
Energy	370,614		12,628		12,294		3,261		—		398,797
Commercial real estate	1,058,543		14,985		10,329		827		—		1,084,684
Construction and land development	625,145		—		—		—		—		625,145
Residential real estate	496,236		1,791		5,675		—		—		503,702



Consumer	42,864		—		254		—		—		43,118
	$	3,827,787	$	78,863	$	100,431	$	4,088	$	—	$	4,011,169


	Pass & Watch		Special Mention		Substandard		Doubtful		Loss		Total
	(Dollars in thousands)
December 31, 2019
Commercial	$	1,258,952	$	27,069	$	70,796	$	—	$	—	$	1,356,817
Energy	392,233		9,460		2,340		4,540		—		408,573
Commercial real estate	1,007,921		9,311		5,866		943		—		1,024,041
Construction and land development	628,418		—		—		—		—		628,418
Residential real estate	394,495		1,789		2,411		—		—		398,695



Consumer	45,163		—		—		—		—		45,163
	$	3,727,182	$	47,629	$	81,413	$	5,483	$	—	$	3,861,707

Financing Receivable, Past Due

The following tables present the Company’s loan portfolio aging analysis of the recorded investment in loans as of March 31, 2020 and December 31, 2019:


	30-59 Days Past Due		60-89 Days Past Due		90 Days or More		Total Past Due		Current		Total Loans Receivable		Loans >= 90 Days and Accruing
	(Dollars in thousands)
March 31, 2020
Commercial	$	5,135	$	469	$	10,062	$	15,666	$	1,340,057	$	1,355,723	$	—
Energy	—		5,612		3,314		8,926		389,871		398,797		—
Commercial real estate	4,092		—		4,586		8,678		1,076,006		1,084,684		—
Construction and land development	—		—		—		—		625,145		625,145		—
Residential real estate	3,707		269		1,920		5,896		497,806		503,702		—



Consumer	—		254		—		254		42,864		43,118		—
	$	12,934	$	6,604	$	19,882	$	39,420	$	3,971,749	$	4,011,169	$	—


	30-59 Days Past Due		60-89 Days Past Due		90 Days or More		Total Past Due		Current		Total Loans Receivable		Loans >= 90 Days and Accruing
	(Dollars in thousands)
December 31, 2019
Commercial	$	1,091	$	276	$	30,911	$	32,278	$	1,324,539	$	1,356,817	$	37
Energy	2,340		—		4,593		6,933		401,640		408,573		53
Commercial real estate	316		—		4,589		4,905		1,019,136		1,024,041		4,501
Construction and land development	196		—		—		196		628,222		628,418		—
Residential real estate	2,347		—		1,919		4,266		394,429		398,695		—

Consumer	2		254		—		256		44,907		45,163		—
	$	6,292	$	530	$	42,012	$	48,834	$	3,812,873	$	3,861,707	$	4,591

Impaired Financing Receivables

The following tables present impaired loans for the periods ended March 31, 2020 and December 31, 2019:


			Unpaid
	Recorded Balance		Principal Balance		Specific Allowance
	(Dollars in thousands)
March 31, 2020
Loans without a specific valuation
Commercial	$	60,048	$	60,077	$	—
Energy	3,462		7,741		—
Commercial real estate	8,492		8,622		—
Construction and land development	—		—		—
Residential real estate	5,409		5,430		—



Consumer	254		254		—
Loans with a specific valuation
Commercial	11,935		23,341		3,228
Energy	12,241		12,241		1,224
Commercial real estate	6,348		6,474		1,449
Construction and land development	—		—		—
Residential real estate	245		244		189



Consumer	—		—		—


Total
Commercial	71,983		83,418		3,228
Energy	15,703		19,982		1,224
Commercial real estate	14,840		15,096		1,449
Construction and land development	—		—		—
Residential real estate	5,654		5,674		189



Consumer	254		254		—
	$	108,434	$	124,424	$	6,090


			Unpaid
	Recorded Balance		Principal Balance		Specific Allowance
	(Dollars in thousands)
December 31, 2019
Loans without a specific valuation
Commercial	$	35,846	$	35,846	$	—
Energy	2,864		2,864		—
Commercial real estate	9,464		9,464		—
Construction and land development	—		—		—
Residential real estate	2,139		2,139		—

Consumer	—		—		—
Loans with a specific valuation
Commercial	35,030		40,030		19,942
Energy	6,880		9,880		1,949
Commercial real estate	1,028		1,028		210
Construction and land development	—		—		—
Residential real estate	249		249		197

Consumer	—		—		—

Total
Commercial	70,876		75,876		19,942
Energy	9,744		12,744		1,949
Commercial real estate	10,492		10,492		210
Construction and land development	—		—		—
Residential real estate	2,388		2,388		197

Consumer	—		—		—
	$	93,500	$	101,500	$	22,298

The table below shows interest income recognized during the three month periods ended March 31, 2020 and March 31, 2019 for impaired loans held at the end of each period:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Commercial	$	910	$	1,285
Energy	122		152
Commercial real estate	123		254
Construction and land development	—		—
Residential real estate	40		11



Consumer	—		—
Total interest income recognized	$	1,195	$	1,702

The table below shows the three month average balance of impaired loans as of March 31, 2020 and 2019 by loan category for impaired loans held at the end of each period:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Commercial	$	86,626	$	77,698
Energy	16,976		15,986
Commercial real estate	14,927		14,073
Construction and land development	—		—
Residential real estate	5,230		2,157

Consumer	254		—
Total average impaired loans	$	124,013	$	109,914

Financing Receivable, Nonaccrual

The following table presents the Company’s non-accrual loans by loan category at March 31, 2020 and December 31, 2019:



	March 31, 2020		December 31, 2019
	(Dollars in thousands)

Commercial	$	10,352	$	32,130
Energy	8,265		4,540
Commercial real estate	5,443		1,063
Construction and land development	—		—
Residential real estate	1,941		1,942

Consumer	254		—
Total non-accrual loans	$	26,255	$	39,675

Financing Receivable, Troubled Debt Restructuring


	Three Months Ended
	March 31, 2020		March 31, 2019
	(Dollars in thousands)
Commercial
- Interest rate reduction	$	3,171	$	—
- Reduction of monthly payment	—		4,761

Energy
- Extension of maturity date	2,340		—









Total troubled debt restructurings	$	5,511	$	4,761

In addition, the balance of those loans that are in default at any time during the past twelve months at March 31, 2020 and December 31, 2019 is provided below:



	March 31, 2020								December 31, 2019
	Number of Loans	Outstanding Balance		Balance 90 days past due at any time during previous 12 months⁽¹⁾		Number of Loans	Outstanding Balance		Balance 90 days past due at any time during previous 12 months⁽¹⁾
	(Dollars in thousands)
Commercial	6	$	9,966	$	842	7	$	31,770	$	831
Energy	3	5,100		—		2	2,864		—
Commercial real estate	3	4,772		—		3	4,909		—
Construction and land development	—	—		—		—	—		—
Residential real estate	1	3,000		—		—	—		—

Consumer	—	—		—		—	—		—
Total restructured loans	13	$	22,838	$	842	12	$	39,543	$	831
⁽¹⁾ Default is considered to mean 90 days or more past due as to interest or principal.

Derivatives and Hedging (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

As of March 31, 2020 and December 31, 2019, the Company had the following outstanding derivatives that were not designated as hedges in qualifying hedging relationships:



	March 31, 2020				December 31, 2019
Product	Number of Instruments	Notional Amount		Number of Instruments	Notional Amount
	(Dollars in thousands)
Back-to-back swaps	58	$	440,617	56	$	380,050

The table below presents the fair value of the Company’s derivative financial instruments and their classification on the Balance Sheet as of March 31, 2020 and December 31, 2019:


	Asset Derivatives								Liability Derivatives
	Balance Sheet	March 31,		December 31,		Balance Sheet	March 31,		December 31,
	Location	2020		2019		Location	2020		2019
	(Dollars in thousands)
Derivatives not designated as hedging instruments
Interest rate products	Other assets	$	28,041	$	9,838	Other liabilities	$	28,139	$	9,907

Offsetting Assets

The tables below show a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of March 31, 2020 and December 31, 2019:


March 31, 2020
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	28,041	$	—	$	28,041	$	7	$	—	$	28,034
Offsetting of derivative liabilities
Derivatives	$	28,139	$	—	$	28,139	$	7	$	—	$	28,132


December 31, 2019
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	9,838	$	—	$	9,838	$	97	$	—	$	9,741
Offsetting of derivative liabilities
Derivatives	$	9,907	$	—	$	9,907	$	97	$	—	$	9,810

Offsetting Liabilities

The tables below show a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of March 31, 2020 and December 31, 2019:


March 31, 2020
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	28,041	$	—	$	28,041	$	7	$	—	$	28,034
Offsetting of derivative liabilities
Derivatives	$	28,139	$	—	$	28,139	$	7	$	—	$	28,132


December 31, 2019
(Dollars in thousands)
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets and Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the Statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting of derivative assets
Derivatives	$	9,838	$	—	$	9,838	$	97	$	—	$	9,741
Offsetting of derivative liabilities
Derivatives	$	9,907	$	—	$	9,907	$	97	$	—	$	9,810

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

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-Name Accounting Standards Codification
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Time Deposits and Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Schedule of Time Deposit Maturities and Borrowings

The scheduled maturities, excluding interest, of the Company’s borrowings at March 31, 2020 were as follows:


	March 31, 2020
	Within One Year		One to Two Years		Two to Three Years		Three to Four Years		Four to Five Years		After Five Years		Total
	(Dollars in thousands)
Time deposits	$	830,347	$	119,398	$	105,246	$	39,557	$	8,394	$	120	$	1,103,062
Fed funds purchased & repurchase agreements	38,946		—		—		—		—		—		38,946
FHLB borrowings	85,000		51,500		11,080		35,000		—		220,100		402,680

Trust preferred securities⁽¹⁾	—		—		—		—		—		931		931
	$	954,293	$	170,898	$	116,326	$	74,557	$	8,394	$	221,151	$	1,545,619

(1) The contract value of the trust preferred securities is $2.5 million and is currently being accreted to the maturity date of 2035.

Change in Accumulated Other Comprehensive Income (AOCI) (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Amounts reclassified from AOCI and the affected line items in the consolidated Statements of Income during the three months ended March 31, 2020 and 2019, were as follows:




	Three Months Ended
	March 31,					Affected Line Item in the
	2020		2019		Statements of Income
	(Dollars in thousands)
Unrealized gains on available-for-sale securities	$	393	$	53	Gain on sale of available-for-sale securities
Amount reclassified before tax	393		53
Less: tax effect	96		13		Income tax expense
Net reclassified amount	$	297	$	40

Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The Company’s and the Bank’s actual capital amounts and ratios as of March 31, 2020 and December 31, 2019 are presented in the following table:


	Actual						Minimum Capital Required - Basel III Fully Phased-In						Required to be Considered Well Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
March 31, 2020
Total Capital to Risk-Weighted Assets
Consolidated	$	634,335	13.2	%	$	505,786	10.5	%	N/A		N/A
Bank	580,631		12.1		505,649		10.5		$	481,571	10.0	%
Tier I Capital to Risk-Weighted Assets
Consolidated	582,877		12.1		409,446		8.5		N/A		N/A
Bank	529,172		11.0		409,335		8.5		385,257		8.0
Common Equity Tier 1 to Risk-Weighted Assets
Consolidated	581,946		12.1		337,191		7.0		N/A		N/A
Bank	529,172		11.0		337,100		7.0		313,021		6.5
Tier I Capital to Average Assets
Consolidated	582,877		11.8		197,473		4.0		N/A		N/A
Bank	$	529,172	10.7	%	$	197,437	4.0	%	$	246,796	5.0	%
December 31, 2019
Total Capital to Risk-Weighted Assets
Consolidated	$	633,228	13.4	%	$	495,095	10.5	%	N/A		N/A
Bank	581,600		12.3		494,954		10.5		$	471,385	10.0	%
Tier I Capital to Risk-Weighted Assets
Consolidated	576,332		12.2		400,791		8.5		N/A		N/A
Bank	524,704		11.1		400,677		8.5		377,108		8.0
Common Equity Tier 1 to Risk-Weighted Assets
Consolidated	575,411		12.2		330,063		7.0		N/A		N/A
Bank	524,704		11.1		329,970		7.0		306,400		6.5
Tier I Capital to Average Assets
Consolidated	576,332		12.1		191,099		4.0		N/A		N/A
Bank	$	524,704	11.0	%	$	191,170	4.0	%	$	238,963	5.0	%

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation

The table below summarizes the stock-based compensation for the three months ended March 31, 2020 and 2019:


	Three Months Ended
	March 31,
	2020		2019
	(Dollars in thousands)
Stock appreciation rights	$	256	$	259
Performance based stock awards	74		95
Restricted stock units and awards	604		744
Employee stock purchase plan	—		37
Total stock-based compensation	$	934	$	1,135

Summary of Status and Changes in Performance-Based Awards

The following table summarizes the status of and changes in the performance-based awards:


	Performance Based Stock Awards
	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested, January 1, 2020	192,248	$9.88
Granted	41,283	13.55
Vested	0	0.00
Forfeited	0	0.00
Nonvested, March 31, 2020	233,531	$10.53

Summary of Status and Changes in RSUs and RSAs

The following table summarizes the status of and changes in the RSUs and RSAs:


	Restricted Stock Units and Awards
	Number of Shares	Weighted-Average Grant Date Fair Value
Nonvested, January 1, 2020	340,780	$15.35
Granted	195,051	13.63
Vested	(86,146)	15.50
Forfeited	0	0.00
Nonvested, March 31, 2020	449,685	$14.58

Income Tax (Tables)

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the income tax expense at the statutory rate to the Company’s actual income tax expense is shown below:


	Three months ended
	March 31,
	2020		2019
	(Dollars in thousands)
Computed at the statutory rate (21%)	$	872	$	2,051
Increase (decrease) resulting from
Tax-exempt income	(790)		(713)
Nondeductible expenses	64		73
State tax credit	—		(1,361)
State income taxes	142		441
Equity based compensation	26		(55)
Other adjustments	(21)		(17)
Actual tax expense	$	293	$	419

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences related to deferred taxes shown on the consolidated Balance Sheets are presented below:



	March 31, 2020		December 31, 2019
	(Dollars in thousands)
Deferred tax assets

Allowance for loan losses	$	12,597	$	13,928
Lease incentive	287		294
Impairment of available-for-sale securities	—		493

Loan fees	2,134		2,317
Net operating loss carryover	650		339
Accrued expenses	801		2,131
Deferred compensation	2,088		2,444

State tax credit	3,288		3,287
Other	420		81
Total deferred tax asset	22,265		25,314
Deferred tax liability
Fair market value adjustments - trust preferred securities	(346)		(348)
Net unrealized gain on securities available-for-sale	(7,327)		(5,339)
FHLB stock basis	(1,068)		(996)
Premises and equipment	(3,462)		(3,620)
Other	(1,148)		(1,229)
Total deferred tax liability	(13,351)		(11,532)
Net deferred tax asset	$	8,914	$	13,782

Disclosures about Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis


			March 31, 2020
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Available-for-sale securities
Mortgage-backed - GSE residential	$	149,821	$	—	$	149,821	$	—
Collateralized mortgage obligations - GSE residential	118,938		—		118,938		—
State and political subdivisions	462,850		—		462,850		—
Corporate bonds	1,415		—		1,415		—
Mutual funds	2,207		—		2,207		—
Derivative assets	28,041		—		28,041		—
Derivative liabilities	$	28,139	$	—	$	28,139	$	—


			December 31, 2019
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Available-for-sale securities
Mortgage-backed - GSE residential	$	152,512	$	—	$	152,512	$	—
Collateralized mortgage obligations - GSE residential	129,212		—		129,212		—
State and political subdivisions	456,340		—		456,340		—
Corporate bonds	1,409		—		1,409		—
Mutual funds	2,161		—		2,161		—
Derivative assets	9,838		—		9,838		—
Derivative liabilities	$	9,907	$	—	$	9,907	$	—

Fair Value Measurements, Nonrecurring


			March 31, 2020
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Collateral-dependent impaired loans	$	24,679	$	—	$	—	$	24,679


			December 31, 2019
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
	(Dollars in thousands)
Collateral-dependent impaired loans	$	20,889	$	—	$	—	$	20,889

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following tables present quantitative information about unobservable inputs used in nonrecurring Level 3 fair value measurements at March 31, 2020 and December 31, 2019:

March 31, 2020

Fair Value

Valuation Techniques

Unobservable Inputs

Range (Weighted Average)

(Dollars in thousands)

Collateral-dependent impaired loans

24,679

Market comparable properties

Marketability discount

10% - 15%

(12%)

December 31, 2019

Fair Value

Valuation Techniques

Unobservable Inputs

Range (Weighted Average)

(Dollars in thousands)

Collateral-dependent impaired loans

20,889

Market comparable properties

Marketability discount

10% - 15%

(12%)

Fair Value, by Balance Sheet Grouping

The following tables present the estimated fair values of the Company’s financial instruments at March 31, 2020 and December 31, 2019:


	March 31, 2020
	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Financial Assets
Cash and cash equivalents	$	158,987	$	158,987	$	—	$	—	$	158,987
Available-for-sale securities	735,231		—		735,231		—		735,231
Loans, net of allowance for loan losses	3,950,993		—		—		3,946,203		3,946,203
Restricted equity securities	18,539		—		—		18,539		18,539
Interest receivable	16,958		—		16,958		—		16,958
Derivative assets	28,041		—		28,041		—		28,041
	$	4,908,749	$	158,987	$	780,230	$	3,964,742	$	4,903,959
Financial Liabilities
Deposits	$	3,972,822	$	567,215	$	—	$	3,428,178	$	3,995,393
Federal funds purchased and repurchase agreements	38,946		—		38,946		—		38,946
Federal Home Loan Bank advances	402,680		—		423,799		—		423,799
Other borrowings	931		—		1,576		—		1,576
Interest payable	3,365		—		3,365		—		3,365
Derivative liabilities	28,139		—		28,139		—		28,139
	$	4,446,883	$	567,215	$	495,825	$	3,428,178	$	4,491,218


	December 31, 2019
	Carrying		Fair Value Measurements
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Financial Assets
Cash and cash equivalents	$	187,320	$	187,320	$	—	$	—	$	187,320
Available-for-sale securities	741,634		—		741,634		—		741,634
Loans, net of allowance for loan losses	3,795,348		—		—		3,810,818		3,810,818
Restricted equity securities	17,278		—		—		17,278		17,278
Interest receivable	15,716		—		15,716		—		15,716
Derivative assets	9,838		—		9,838		—		9,838
	$	4,767,134	$	187,320	$	767,188	$	3,828,096	$	4,782,604
Financial Liabilities
Deposits	$	3,923,759	$	521,826	$	—	$	3,407,012	$	3,928,838
Federal funds purchased and repurchase agreements	14,921		—		14,921		—		14,921
Federal Home Loan Bank advances	358,743		—		357,859		—		357,859
Other borrowings	921		—		2,147		—		2,147
Interest payable	4,584		—		4,584		—		4,584
Derivative liabilities	9,907		—		9,907		—		9,907
	$	4,312,835	$	521,826	$	389,418	$	3,407,012	$	4,318,256

Commitments and Credit Risk (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments

The Company had the following commitments at March 31, 2020 and December 31, 2019:


	March 31, 2020		December 31, 2019
	(Dollars in thousands)
Commitments to originate loans	$	182,941	$	134,652
Standby letters of credit	34,828		39,035
Lines of credit	1,204,712		1,351,873
Future lease commitments	22,394		20,935
Total	$	1,444,875	$	1,546,495

Nature of Operations and Summary of Significant Accounting Policies (Details) - USD ($)	Sep. 17, 2019	Aug. 19, 2019	Mar. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Cash and cash equivalents held at bank			$ 111,000,000
Required reserve			0
Cash collateral			30,000,000
London Interbank Offered Rate (LIBOR)
Subsidiary, Sale of Stock [Line Items]
Loans tied to LIBOR			$ 1,000,000,000
IPO
Subsidiary, Sale of Stock [Line Items]
Shares sold and issued (in shares)		5,750,000
Price of stock per share (in dollars per share)		$ 14.50
Total proceeds on sale of stock		$ 76,000,000
Stockholders Public Offering
Subsidiary, Sale of Stock [Line Items]
Shares sold and issued (in shares)		1,261,589
Price of stock per share (in dollars per share)		$ 14.50
Over-Allotment Option
Subsidiary, Sale of Stock [Line Items]
Shares sold and issued (in shares)	844,362
Price of stock per share (in dollars per share)	$ 14.50
Total proceeds on sale of stock	$ 11,000,000

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings per Share
Net income	$ 3,857	$ 9,350
Less: preferred stock dividends	0	175
Net income available to common stockholders	$ 3,857	$ 9,175
Weighted average common shares (in shares)	52,071,484	45,093,442
Earnings per share (in dollars per share)	$ 0.07	$ 0.20
Dilutive Earnings Per Share
Net income available to common stockholders	$ 3,857	$ 9,175
Weighted average common shares (in shares)	52,071,484	45,093,442
Effect of dilutive shares (in shares)	588,786	866,825
Weighted average dilutive common shares (in shares)	52,660,270	45,960,267
Diluted earnings per share (in dollars per share)	$ 0.07	$ 0.20
Stock-based awards not included because to do so would be antidilutive (in shares)	905,406	487,346

Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Available-for-sale debt securities
Total	$ 703,095	$ 717,682
Gross Unrealized Gains	30,558	22,377
Gross Unrealized Losses	629	586
Approximate Fair Value	733,024	739,473
Equity securities
Amortized Cost	2,202	2,190
Gross Unrealized Gains	5	0
Gross Unrealized Losses	0	29
Approximate Fair Value	2,207	2,161
Total available-for-sale securities
Amortized Cost	705,297	719,872
Gross Unrealized Gains	30,563	22,377
Gross Unrealized Losses	629	615
Approximate Fair Value	735,231	741,634
Mortgage-backed - GSE residential
Available-for-sale debt securities
Total	144,175	151,037
Gross Unrealized Gains	5,646	1,668
Gross Unrealized Losses	0	193
Approximate Fair Value	149,821	152,512
Collateralized mortgage obligations - GSE residential
Available-for-sale debt securities
Total	115,734	128,876
Gross Unrealized Gains	3,206	625
Gross Unrealized Losses	2	289
Approximate Fair Value	118,938	129,212
State and political subdivisions
Available-for-sale debt securities
Total	441,888	436,448
Gross Unrealized Gains	21,589	19,996
Gross Unrealized Losses	627	104
Approximate Fair Value	462,850	456,340
Corporate bonds
Available-for-sale debt securities
Total	1,298	1,321
Gross Unrealized Gains	117	88
Gross Unrealized Losses	0	0
Approximate Fair Value	1,415	1,409
Mutual funds
Equity securities
Amortized Cost	2,202	2,190
Gross Unrealized Gains	5	0
Gross Unrealized Losses	0	29
Approximate Fair Value	$ 2,207	$ 2,161

Securities - Other Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Securities pledged as collateral	$ 50	$ 41

Securities - Amortized Cost and Fair Value by Maturity Date (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Amortized cost
Within one year	$ 655
After one to five years	6,400
After five to ten years	64,815
After ten years	631,225
Total	703,095	$ 717,682
Estimated fair value
Within one year	655
After one to five years	6,521
After five to ten years	68,983
After ten years	656,865
Total	$ 733,024	739,473
Weighted average yield
Within one year	9.42%
After one to five years	5.76%
After five to ten years	3.46%
After ten years	2.61%
Total	2.72%
Mortgage-backed - GSE residential
Amortized cost
Within one year	$ 0
After one to five years	0
After five to ten years	289
After ten years	143,886
Total	144,175	151,037
Estimated fair value
Within one year	0
After one to five years	0
After five to ten years	304
After ten years	149,517
Total	$ 149,821	152,512
Weighted average yield
Within one year	0.00%
After one to five years	0.00%
After five to ten years	4.02%
After ten years	2.43%
Total	2.43%
Collateralized mortgage obligations - GSE residential
Amortized cost
Within one year	$ 0
After one to five years	0
After five to ten years	2,517
After ten years	113,217
Total	115,734	128,876
Estimated fair value
Within one year	0
After one to five years	0
After five to ten years	2,722
After ten years	116,216
Total	$ 118,938	129,212
Weighted average yield
Within one year	0.00%
After one to five years	0.00%
After five to ten years	2.76%
After ten years	1.40%
Total	1.43%
State and political subdivisions
Amortized cost
Within one year	$ 655
After one to five years	6,039
After five to ten years	61,072
After ten years	374,122
Total	441,888	436,448
Estimated fair value
Within one year	655
After one to five years	6,141
After five to ten years	64,922
After ten years	391,132
Total	$ 462,850	456,340
Weighted average yield
Within one year	9.42%
After one to five years	5.76%
After five to ten years	3.50%
After ten years	3.04%
Total	3.15%
Corporate bonds
Amortized cost
Within one year	$ 0
After one to five years	361
After five to ten years	937
After ten years	0
Total	1,298	1,321
Estimated fair value
Within one year	0
After one to five years	380
After five to ten years	1,035
After ten years	0
Total	$ 1,415	$ 1,409
Weighted average yield
Within one year	0.00%
After one to five years	5.83%
After five to ten years	5.42%
After ten years	0.00%
Total	5.53%

Securities - Unrealized Losses (Details) $ in Thousands	Mar. 31, 2020 USD ($) security	Dec. 31, 2019 USD ($) security
Less than 12 Months
Fair Value	$ 13,943	$ 78,881
Unrealized Losses	$ 627	$ 339
Number of Securities \| security	10	21
12 Months or More
Fair Value	$ 154	$ 29,185
Unrealized Losses	$ 2	$ 247
Number of Securities \| security	2	15
Total
Fair Value	$ 14,097	$ 108,066
Unrealized Losses	$ 629	$ 586
Number of Securities \| security	12	36
Mortgage-backed - GSE residential
Less than 12 Months
Fair Value	$ 0	$ 7,959
Unrealized Losses	$ 0	$ 38
Number of Securities \| security	0	2
12 Months or More
Fair Value	$ 0	$ 20,396
Unrealized Losses	$ 0	$ 155
Number of Securities \| security	0	4
Total
Fair Value	$ 0	$ 28,355
Unrealized Losses	$ 0	$ 193
Number of Securities \| security	0	6
Collateralized mortgage obligations - GSE residential
Less than 12 Months
Fair Value	$ 17	$ 48,980
Unrealized Losses	$ 2	$ 199
Number of Securities \| security	1	7
12 Months or More
Fair Value	$ 0	$ 8,622
Unrealized Losses	$ 0	$ 90
Number of Securities \| security	0	9
Total
Fair Value	$ 17	$ 57,602
Unrealized Losses	$ 2	$ 289
Number of Securities \| security	1	16
State and political subdivisions
Less than 12 Months
Fair Value	$ 13,926	$ 21,412
Unrealized Losses	$ 625	$ 102
Number of Securities \| security	9	11
12 Months or More
Fair Value	$ 154	$ 167
Unrealized Losses	$ 2	$ 2
Number of Securities \| security	2	2
Total
Fair Value	$ 14,080	$ 21,579
Unrealized Losses	$ 627	$ 104
Number of Securities \| security	11	13
Corporate bonds
Less than 12 Months
Fair Value	$ 0	$ 530
Unrealized Losses	$ 0	$ 0
Number of Securities \| security	0	1
12 Months or More
Fair Value	$ 0	$ 0
Unrealized Losses	$ 0	$ 0
Number of Securities \| security	0	0
Total
Fair Value	$ 0	$ 530
Unrealized Losses	$ 0	$ 0
Number of Securities \| security	0	1

Securities - Other Than Temporary Impairment Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Gross gains on available-for-sale securities	$ 402	$ 57
Gross losses on available-for-sale securities	9	$ 4
Gross gains on available-for-sale- securities included an other-than-temporary impaired municipal security settled in 2020	$ 75

Securities - Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Mutual funds	$ 2,207		$ 2,161
Net gains recognized during the reporting period on equity securities	34	$ 26
Less: net gains recognized during the reporting period on equity securities sold during the reporting period	0	0
Unrealized gain recognized during the reporting period on equity securities still held at the reporting date	$ 34	$ 26

Loans and Allowance for Loan Leases - Categories of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 4,011,169	$ 3,861,707
Less: Allowance for loan losses	51,458	56,896	$ 40,001	$ 37,826
Less: Net deferred loan fees and costs	8,718	9,463
Net loans	3,950,993	3,795,348
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,355,723	1,356,817
Less: Allowance for loan losses	21,129	35,864	20,506	16,584
Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	398,797	408,573
Less: Allowance for loan losses	7,599	6,565	7,090	10,262
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,084,684	1,024,041
Less: Allowance for loan losses	12,623	8,085	7,471	6,755
Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	625,145	628,418
Less: Allowance for loan losses	5,021	3,516	2,585	2,475
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	503,702	398,695
Less: Allowance for loan losses	4,687	2,546	2,047	1,464
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	43,118	45,163
Less: Allowance for loan losses	$ 399	$ 320	$ 302	$ 286

Loans and Allowance for Loan Leases - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Allowance for loan losses
Beginning balance	$ 56,896	$ 37,826
Provision charged to expense	13,950	2,850
Charge-offs	(19,460)	(1,264)
Recoveries	72	589
Ending balance	51,458	40,001
Ending balance
Individually evaluated for impairment	6,090		$ 22,298
Collectively evaluated for impairment	45,368		34,598
Allocated to loans:
Individually evaluated for impairment	108,434		93,500
Collectively evaluated for impairment	3,902,735		3,768,207
Total Loans Receivable	4,011,169		3,861,707
Commercial
Allowance for loan losses
Beginning balance	35,864	16,584
Provision charged to expense	3,271	5,163
Charge-offs	(18,077)	(1,254)
Recoveries	71	13
Ending balance	21,129	20,506
Ending balance
Individually evaluated for impairment	3,228		19,942
Collectively evaluated for impairment	17,901		15,922
Allocated to loans:
Individually evaluated for impairment	71,983		70,876
Collectively evaluated for impairment	1,283,740		1,285,941
Total Loans Receivable	1,355,723		1,356,817
Energy
Allowance for loan losses
Beginning balance	6,565	10,262
Provision charged to expense	2,313	(3,748)
Charge-offs	(1,279)	0
Recoveries	0	576
Ending balance	7,599	7,090
Ending balance
Individually evaluated for impairment	1,224		1,949
Collectively evaluated for impairment	6,375		4,616
Allocated to loans:
Individually evaluated for impairment	15,703		9,744
Collectively evaluated for impairment	383,094		398,829
Total Loans Receivable	398,797		408,573
Commercial real estate
Allowance for loan losses
Beginning balance	8,085	6,755
Provision charged to expense	4,538	716
Charge-offs	0	0
Recoveries	0	0
Ending balance	12,623	7,471
Ending balance
Individually evaluated for impairment	1,449		210
Collectively evaluated for impairment	11,174		7,875
Allocated to loans:
Individually evaluated for impairment	14,840		10,492
Collectively evaluated for impairment	1,069,844		1,013,549
Total Loans Receivable	1,084,684		1,024,041
Construction and land development
Allowance for loan losses
Beginning balance	3,516	2,475
Provision charged to expense	1,505	110
Charge-offs	0	0
Recoveries	0	0
Ending balance	5,021	2,585
Ending balance
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	5,021		3,516
Allocated to loans:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	625,145		628,418
Total Loans Receivable	625,145		628,418
Residential real estate
Allowance for loan losses
Beginning balance	2,546	1,464
Provision charged to expense	2,141	583
Charge-offs	0	0
Recoveries	0	0
Ending balance	4,687	2,047
Ending balance
Individually evaluated for impairment	189		197
Collectively evaluated for impairment	4,498		2,349
Allocated to loans:
Individually evaluated for impairment	5,654		2,388
Collectively evaluated for impairment	498,048		396,307
Total Loans Receivable	503,702		398,695
Consumer
Allowance for loan losses
Beginning balance	320	286
Provision charged to expense	182	26
Charge-offs	(104)	(10)
Recoveries	1	0
Ending balance	399	$ 302
Ending balance
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	399		320
Allocated to loans:
Individually evaluated for impairment	254		0
Collectively evaluated for impairment	42,864		45,163
Total Loans Receivable	$ 43,118		$ 45,163

Loans and Allowance for Loan Leases - Loan Aging Analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 39,420	$ 48,834
Current	3,971,749	3,812,873
Total Loans Receivable	4,011,169	3,861,707
Loans >= 90 Days and Accruing	0	4,591
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	12,934	6,292
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	6,604	530
90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	19,882	42,012
Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	15,666	32,278
Current	1,340,057	1,324,539
Total Loans Receivable	1,355,723	1,356,817
Loans >= 90 Days and Accruing	0	37
Commercial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	5,135	1,091
Commercial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	469	276
Commercial \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	10,062	30,911
Energy
Financing Receivable, Past Due [Line Items]
Total Past Due	8,926	6,933
Current	389,871	401,640
Total Loans Receivable	398,797	408,573
Loans >= 90 Days and Accruing	0	53
Energy \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	2,340
Energy \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	5,612	0
Energy \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	3,314	4,593
Commercial real estate
Financing Receivable, Past Due [Line Items]
Total Past Due	8,678	4,905
Current	1,076,006	1,019,136
Total Loans Receivable	1,084,684	1,024,041
Loans >= 90 Days and Accruing	0	4,501
Commercial real estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	4,092	316
Commercial real estate \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial real estate \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	4,586	4,589
Construction and land development
Financing Receivable, Past Due [Line Items]
Total Past Due	0	196
Current	625,145	628,222
Total Loans Receivable	625,145	628,418
Loans >= 90 Days and Accruing	0	0
Construction and land development \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	196
Construction and land development \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Construction and land development \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Residential real estate
Financing Receivable, Past Due [Line Items]
Total Past Due	5,896	4,266
Current	497,806	394,429
Total Loans Receivable	503,702	398,695
Loans >= 90 Days and Accruing	0	0
Residential real estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,707	2,347
Residential real estate \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	269	0
Residential real estate \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	1,920	1,919
Consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	254	256
Current	42,864	44,907
Total Loans Receivable	43,118	45,163
Loans >= 90 Days and Accruing	0	0
Consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	2
Consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	254	254
Consumer \| 90 Days or More
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan Leases - Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Recorded Balance
Total	$ 108,434	$ 93,500
Unpaid Principal Balance
Total	124,424	101,500
Specific Allowance	6,090	22,298
Commercial
Recorded Balance
Loans without a specific valuation	60,048	35,846
Loans with a specific valuation	11,935	35,030
Total	71,983	70,876
Unpaid Principal Balance
Loans without a specific valuation	60,077	35,846
Loans with a specific valuation	23,341	40,030
Total	83,418	75,876
Specific Allowance	3,228	19,942
Energy
Recorded Balance
Loans without a specific valuation	3,462	2,864
Loans with a specific valuation	12,241	6,880
Total	15,703	9,744
Unpaid Principal Balance
Loans without a specific valuation	7,741	2,864
Loans with a specific valuation	12,241	9,880
Total	19,982	12,744
Specific Allowance	1,224	1,949
Commercial real estate
Recorded Balance
Loans without a specific valuation	8,492	9,464
Loans with a specific valuation	6,348	1,028
Total	14,840	10,492
Unpaid Principal Balance
Loans without a specific valuation	8,622	9,464
Loans with a specific valuation	6,474	1,028
Total	15,096	10,492
Specific Allowance	1,449	210
Construction and land development
Recorded Balance
Loans without a specific valuation	0	0
Loans with a specific valuation	0	0
Total	0	0
Unpaid Principal Balance
Loans without a specific valuation	0	0
Loans with a specific valuation	0	0
Total	0	0
Specific Allowance	0	0
Residential real estate
Recorded Balance
Loans without a specific valuation	5,409	2,139
Loans with a specific valuation	245	249
Total	5,654	2,388
Unpaid Principal Balance
Loans without a specific valuation	5,430	2,139
Loans with a specific valuation	244	249
Total	5,674	2,388
Specific Allowance	189	197
Consumer
Recorded Balance
Loans without a specific valuation	254	0
Loans with a specific valuation	0	0
Total	254	0
Unpaid Principal Balance
Loans without a specific valuation	254	0
Loans with a specific valuation	0	0
Total	254	0
Specific Allowance	$ 0	$ 0

Loans and Allowance for Loan Leases - Impaired Loan Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Financing Receivable, Impaired [Line Items]
Total interest income recognized	$ 1,195	$ 1,702
Total average impaired loans	124,013	109,914
Commercial
Financing Receivable, Impaired [Line Items]
Total interest income recognized	910	1,285
Total average impaired loans	86,626	77,698
Energy
Financing Receivable, Impaired [Line Items]
Total interest income recognized	122	152
Total average impaired loans	16,976	15,986
Commercial real estate
Financing Receivable, Impaired [Line Items]
Total interest income recognized	123	254
Total average impaired loans	14,927	14,073
Construction and land development
Financing Receivable, Impaired [Line Items]
Total interest income recognized	0	0
Total average impaired loans	0	0
Residential real estate
Financing Receivable, Impaired [Line Items]
Total interest income recognized	40	11
Total average impaired loans	5,230	2,157
Consumer
Financing Receivable, Impaired [Line Items]
Total interest income recognized	0	0
Total average impaired loans	$ 254	$ 0

Loans and Allowance for Loan Leases - Non-Accrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	$ 26,255	$ 39,675
Commercial
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	10,352	32,130
Energy
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	8,265	4,540
Commercial real estate
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	5,443	1,063
Construction and land development
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	0	0
Residential real estate
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	1,941	1,942
Consumer
Financing Receivable, Nonaccrual [Line Items]
Total non-accrual loans	$ 254	$ 0

Loans and Allowance for Loan Leases - Troubled Debt Restructuring Loans (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020 USD ($) contract	Mar. 31, 2019 USD ($)	Dec. 31, 2019 USD ($) contract
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total troubled debt restructurings	$ 5,511	$ 4,761
Commitments to borrowers	$ 556		$ 934
Number of Loans \| contract	13		12
Outstanding Balance	$ 22,838		$ 39,543
Balance 90 days past due at any time during previous 12 months	842		831
Increase in allowance for loan losses from loan restructuring	$ 2,000		$ 18,000
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	6		7
Outstanding Balance	$ 9,966		$ 31,770
Balance 90 days past due at any time during previous 12 months	$ 842		$ 831
Energy
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	3		2
Outstanding Balance	$ 5,100		$ 2,864
Balance 90 days past due at any time during previous 12 months	$ 0		$ 0
Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	3		3
Outstanding Balance	$ 4,772		$ 4,909
Balance 90 days past due at any time during previous 12 months	$ 0		$ 0
Construction and land development
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	0		0
Outstanding Balance	$ 0		$ 0
Balance 90 days past due at any time during previous 12 months	$ 0		$ 0
Residential real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	1		0
Outstanding Balance	$ 3,000		$ 0
Balance 90 days past due at any time during previous 12 months	$ 0		$ 0
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| contract	0		0
Outstanding Balance	$ 0		$ 0
Balance 90 days past due at any time during previous 12 months	0		$ 0
Interest Rate Reduction \| Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total troubled debt restructurings	3,171	0
Reduction of Monthly Payment \| Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total troubled debt restructurings	0	4,761
Extension of Maturity Date \| Energy
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total troubled debt restructurings	$ 2,340	$ 0

Derivatives and Hedging - Derivatives Not Designated as Hedging Instruments (Details) - Back-to-back swaps - Not Designated as Hedging Instrument $ in Thousands	Mar. 31, 2020 USD ($) derivative	Dec. 31, 2019 USD ($) derivative
Derivative [Line Items]
Number of Instruments \| derivative	58	56
Notional Amount \| $	$ 440,617	$ 380,050

Derivatives and Hedging - Fair Value of Derivatives (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Derivative [Line Items]
Asset Derivatives	$ 28,041	$ 9,838
Liability Derivatives	28,139	9,907
Other assets \| Not Designated as Hedging Instrument \| Interest rate products
Derivative [Line Items]
Asset Derivatives	28,041	9,838
Other liabilities \| Not Designated as Hedging Instrument \| Interest rate products
Derivative [Line Items]
Liability Derivatives	$ 28,139	$ 9,907

Derivatives and Hedging - Offsetting of Derivatives (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Offsetting of derivative assets
Gross Amounts of Recognized Assets and Liabilities	$ 28,041	$ 9,838
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts of Assets presented in the Statement of Financial Position	28,041	9,838
Financial Instruments	7	97
Cash Collateral Received	0	0
Net Amount	28,034	9,741
Offsetting of derivative liabilities
Gross Amounts of Recognized Assets and Liabilities	28,139	9,907
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts of Assets presented in the Statement of Financial Position	28,139	9,907
Financial Instruments	7	97
Cash Collateral Received	0	0
Net Amount	$ 28,132	$ 9,810

Derivatives and Hedging - Narrative (Details) $ in Millions	Mar. 31, 2020 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Collateral posted	$ 30
Termination value of assets	$ 28

Time Deposits and Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Time deposits
Within One Year	$ 830,347
One to Two Years	119,398
Two to Three Years	105,246
Three to Four Years	39,557
Four to Five Years	8,394
After Five Years	120
Total	1,103,062	$ 1,239,746
Fed funds purchased & repurchase agreements	38,946	14,921
FHLB
Within One Year	85,000
One to Two Years	51,500
Two to Three Years	11,080
Three to Four Years	35,000
Four to Five Years	0
After Five Years	220,100
Total	402,680	$ 358,743
Total
Within One Year	954,293
One to Two Years	170,898
Two to Three Years	116,326
Three to Four Years	74,557
Four to Five Years	8,394
After Five Years	221,151
Total	1,545,619
Trust preferred securities
Trust preferred securities
Within One Year	0
One to Two Years	0
Two to Three Years	0
Three to Four Years	0
Four to Five Years	0
After Five Years	931
Total	931
Total
Contract value	$ 2,500

Change in Accumulated Other Comprehensive Income ("AOCI") (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Gain on sale of available-for-sale securities	$ 393	$ 27
Income tax expense	293	419
Net Income	3,857	9,350
Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Gain on sale of available-for-sale securities	393	53
Income tax expense	96	13
Net Income	$ 297	$ 40

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Regulatory Matters (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Total Capital to Risk-Weighted Assets
Actual, amount	$ 634,335	$ 633,228
Actual, ratio	13.20%	13.40%
Tier I Capital to Risk-Weighted Assets
Actual, amount	$ 582,877	$ 576,332
Actual, ratio	12.10%	12.20%
Common Equity Tier 1 to Risk-Weighted Assets
Actual, amount	$ 581,946	$ 575,411
Actual, ratio	12.10%	12.20%
Tier I Capital to Average Assets
Actual, amount	$ 582,877	$ 576,332
Actual, ratio	11.80%	12.10%
Bank
Total Capital to Risk-Weighted Assets
Actual, amount	$ 580,631	$ 581,600
Actual, ratio	12.10%	12.30%
Required to be considered well capitalized, amount	$ 481,571	$ 471,385
Required to be considered well capitalized, ratio	10.00%	10.00%
Tier I Capital to Risk-Weighted Assets
Actual, amount	$ 529,172	$ 524,704
Actual, ratio	11.00%	11.10%
Required to be considered well capitalized, amount	$ 385,257	$ 377,108
Required to be considered well capitalized, ratio	8.00%	8.00%
Common Equity Tier 1 to Risk-Weighted Assets
Actual, amount	$ 529,172	$ 524,704
Actual, ratio	11.00%	11.10%
Required to be considered well capitalized, amount	$ 313,021	$ 306,400
Required to be considered well capitalized, ratio	6.50%	6.50%
Tier I Capital to Average Assets
Actual, amount	$ 529,172	$ 524,704
Actual, ratio	10.70%	11.00%
Required to be considered well capitalized, amount	$ 246,796	$ 238,963
Required to be considered well capitalized, ratio	5.00%	5.00%
Minimum Capital Required - Basel III Fully Phased-In
Total Capital to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 505,786	$ 495,095
Minimum capital required, Basel III phase-in schedule, ratio	10.50%	10.50%
Tier I Capital to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 409,446	$ 400,791
Minimum capital required, Basel III phase-in schedule, ratio	8.50%	8.50%
Common Equity Tier 1 to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 337,191	$ 330,063
Minimum capital required, Basel III phase-in schedule, ratio	7.00%	7.00%
Tier I Capital to Average Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 197,473	$ 191,099
Minimum capital required, Basel III phase-in schedule, ratio	4.00%	4.00%
Minimum Capital Required - Basel III Fully Phased-In \| Bank
Total Capital to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 505,649	$ 494,954
Minimum capital required, Basel III phase-in schedule, ratio	10.50%	10.50%
Tier I Capital to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 409,335	$ 400,677
Minimum capital required, Basel III phase-in schedule, ratio	8.50%	8.50%
Common Equity Tier 1 to Risk-Weighted Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 337,100	$ 329,970
Minimum capital required, Basel III phase-in schedule, ratio	7.00%	7.00%
Tier I Capital to Average Assets
Minimum capital required, Basel III phase-in schedule, amount	$ 197,437	$ 191,170
Minimum capital required, Basel III phase-in schedule, ratio	4.00%	4.00%

Stock-Based Compensation - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020 USD ($) shares
Performance Based Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Granted (in shares)	41,283
Award performance metric period	3 years
Unrecognized compensation cost \| $	$ 808
Period for recognizing stock-based compensation expense	2 years 6 months
Performance Based Stock Awards \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award payout percentage	0.00%
Performance Based Stock Awards \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award payout percentage	150.00%
Restricted Stock Units - Issued Prior to 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
All Other Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year
Restricted Stock Units and Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	195,051
Unrecognized compensation cost \| $	$ 5,000
Period for recognizing stock-based compensation expense	2 years 1 month 6 days
2018 Omnibus Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for future issuance (in shares)	2,073,345

Stock-Based Compensation - Stock Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	$ 934	$ 1,135
Stock appreciation rights
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	256	259
Performance based stock awards
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	74	95
Restricted stock units and awards
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	604	744
Employee stock purchase plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	$ 0	$ 37

Stock-Based Compensation - Status and Changes in Performance-Based Awards (Details) - Performance Based Stock Awards	3 Months Ended
	Mar. 31, 2020 $ / shares shares
Number of Shares
Beginning balance (in shares) \| shares	192,248
Granted (in shares) \| shares	41,283
Vested (in shares) \| shares	0
Forfeited (in shares) \| shares	0
Ending balance (in shares) \| shares	233,531
Weighted-Average Grant Date Fair Value
Beginning balance (in dollars per share) \| $ / shares	$ 9.88
Granted (in dollars per share) \| $ / shares	13.55
Vested (in dollars per share) \| $ / shares	0.00
Forfeited (in dollars per share) \| $ / shares	0.00
Ending balance (in dollars per share) \| $ / shares	$ 10.53

Stock-Based Compensation - Status and Changes in RSUs and RSAs (Details) - Restricted Stock Units and Awards	3 Months Ended
	Mar. 31, 2020 $ / shares shares
Number of Shares
Beginning balance (in shares) \| shares	340,780
Granted (in shares) \| shares	195,051
Vested (in shares) \| shares	(86,146)
Forfeited (in shares) \| shares	0
Ending balance (in shares) \| shares	449,685
Weighted-Average Grant Date Fair Value
Beginning balance (in dollars per share) \| $ / shares	$ 15.35
Granted (in dollars per share) \| $ / shares	13.63
Vested (in dollars per share) \| $ / shares	15.50
Forfeited (in dollars per share) \| $ / shares	0.00
Ending balance (in dollars per share) \| $ / shares	$ 14.58

Income Tax - Effective Income Tax Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Computed at the statutory rate (21%)	$ 872	$ 2,051
Increase (decrease) resulting from
Tax-exempt income	(790)	(713)
Nondeductible expenses	64	73
State tax credit	0	(1,361)
State income taxes	142	441
Equity based compensation	26	(55)
Other adjustments	(21)	(17)
Actual tax expense	$ 293	$ 419

Income Tax - Deferred Taxes (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deferred tax assets
Allowance for loan losses	$ 12,597	$ 13,928
Lease incentive	287	294
Impairment of available-for-sale securities	0	493
Loan fees	2,134	2,317
Net operating loss carryover	650	339
Accrued expenses	801	2,131
Deferred compensation	2,088	2,444
State tax credit	3,288	3,287
Other	420	81
Total deferred tax asset	22,265	25,314
Deferred tax liability
Fair market value adjustments - trust preferred securities	(346)	(348)
Net unrealized gain on securities available-for-sale	(7,327)	(5,339)
FHLB stock basis	(1,068)	(996)
Premises and equipment	(3,462)	(3,620)
Other	(1,148)	(1,229)
Total deferred tax liability	(13,351)	(11,532)
Net deferred tax asset	$ 8,914	$ 13,782

Disclosures about Fair Value of Financial Instruments - Recurring Measurements (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financial Assets
Available-for-sale securities	$ 733,024	$ 739,473
Mutual funds	2,207	2,161
Derivative assets	28,041	9,838
Derivative liabilities	28,139	9,907
Mortgage-backed - GSE residential
Financial Assets
Available-for-sale securities	149,821	152,512
Collateralized mortgage obligations - GSE residential
Financial Assets
Available-for-sale securities	118,938	129,212
State and political subdivisions
Financial Assets
Available-for-sale securities	462,850	456,340
Corporate bonds
Financial Assets
Available-for-sale securities	1,415	1,409
Fair Value, Recurring
Financial Assets
Mutual funds	2,207	2,161
Derivative assets	28,041	9,838
Derivative liabilities	28,139	9,907
Fair Value, Recurring \| Mortgage-backed - GSE residential
Financial Assets
Available-for-sale securities	149,821	152,512
Fair Value, Recurring \| Collateralized mortgage obligations - GSE residential
Financial Assets
Available-for-sale securities	118,938	129,212
Fair Value, Recurring \| State and political subdivisions
Financial Assets
Available-for-sale securities	462,850	456,340
Fair Value, Recurring \| Corporate bonds
Financial Assets
Available-for-sale securities	1,415	1,409
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fair Value, Recurring
Financial Assets
Mutual funds	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fair Value, Recurring \| Mortgage-backed - GSE residential
Financial Assets
Available-for-sale securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fair Value, Recurring \| Collateralized mortgage obligations - GSE residential
Financial Assets
Available-for-sale securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fair Value, Recurring \| State and political subdivisions
Financial Assets
Available-for-sale securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fair Value, Recurring \| Corporate bonds
Financial Assets
Available-for-sale securities	0	0
Significant Other Observable Inputs (Level 2) \| Fair Value, Recurring
Financial Assets
Mutual funds	2,207	2,161
Derivative assets	28,041	9,838
Derivative liabilities	28,139	9,907
Significant Other Observable Inputs (Level 2) \| Fair Value, Recurring \| Mortgage-backed - GSE residential
Financial Assets
Available-for-sale securities	149,821	152,512
Significant Other Observable Inputs (Level 2) \| Fair Value, Recurring \| Collateralized mortgage obligations - GSE residential
Financial Assets
Available-for-sale securities	118,938	129,212
Significant Other Observable Inputs (Level 2) \| Fair Value, Recurring \| State and political subdivisions
Financial Assets
Available-for-sale securities	462,850	456,340
Significant Other Observable Inputs (Level 2) \| Fair Value, Recurring \| Corporate bonds
Financial Assets
Available-for-sale securities	1,415	1,409
Unobservable Inputs (Level 3) \| Fair Value, Recurring
Financial Assets
Mutual funds	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Unobservable Inputs (Level 3) \| Fair Value, Recurring \| Mortgage-backed - GSE residential
Financial Assets
Available-for-sale securities	0	0
Unobservable Inputs (Level 3) \| Fair Value, Recurring \| Collateralized mortgage obligations - GSE residential
Financial Assets
Available-for-sale securities	0	0
Unobservable Inputs (Level 3) \| Fair Value, Recurring \| State and political subdivisions
Financial Assets
Available-for-sale securities	0	0
Unobservable Inputs (Level 3) \| Fair Value, Recurring \| Corporate bonds
Financial Assets
Available-for-sale securities	$ 0	$ 0

Disclosures about Fair Value of Financial Instruments - Nonrecurring Measurements (Details) - Fair Value, Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financial Assets
Collateral-dependent impaired loans	$ 24,679	$ 20,889
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets
Collateral-dependent impaired loans	0	0
Significant Other Observable Inputs (Level 2)
Financial Assets
Collateral-dependent impaired loans	0	0
Unobservable Inputs (Level 3)
Financial Assets
Collateral-dependent impaired loans	$ 24,679	$ 20,889

Disclosures about Fair Value of Financial Instruments - Unobservable Inputs (Details) - Fair Value, Nonrecurring $ in Thousands	Mar. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Financial Assets
Collateral-dependent impaired loans	$ 24,679	$ 20,889
Unobservable Inputs (Level 3)
Financial Assets
Collateral-dependent impaired loans	$ 24,679	$ 20,889
Unobservable Inputs (Level 3) \| Marketability discount \| Market comparable properties \| Minimum
Financial Assets
Collateral-dependent impaired loans, measurement input	0.10	0.10
Unobservable Inputs (Level 3) \| Marketability discount \| Market comparable properties \| Maximum
Financial Assets
Collateral-dependent impaired loans, measurement input	0.15	0.15
Unobservable Inputs (Level 3) \| Marketability discount \| Market comparable properties \| Average
Financial Assets
Collateral-dependent impaired loans, measurement input	0.12	0.12

Disclosures about Fair Value of Financial Instruments - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financial Assets
Available-for-sale securities	$ 733,024	$ 739,473
Restricted equity securities	18,539	17,278
Derivative assets	28,041	9,838
Financial Liabilities
Derivative liabilities	28,139	9,907
Carrying Amount
Financial Assets
Cash and cash equivalents	158,987	187,320
Available-for-sale securities	735,231	741,634
Loans, net of allowance for loan losses	3,950,993	3,795,348
Restricted equity securities	18,539	17,278
Interest receivable	16,958	15,716
Derivative assets	28,041	9,838
Total financial assets	4,908,749	4,767,134
Financial Liabilities
Deposits	3,972,822	3,923,759
Federal funds purchased and repurchase agreements	38,946	14,921
Federal Home Loan Bank advances	402,680	358,743
Other borrowings	931	921
Interest payable	3,365	4,584
Derivative liabilities	28,139	9,907
Total financial liabilities	4,446,883	4,312,835
Estimate of Fair Value Measurement
Financial Assets
Cash and cash equivalents	158,987	187,320
Available-for-sale securities	735,231	741,634
Loans, net of allowance for loan losses	3,946,203	3,810,818
Restricted equity securities	18,539	17,278
Interest receivable	16,958	15,716
Derivative assets	28,041	9,838
Total financial assets	4,903,959	4,782,604
Financial Liabilities
Deposits	3,995,393	3,928,838
Federal funds purchased and repurchase agreements	38,946	14,921
Federal Home Loan Bank advances	423,799	357,859
Other borrowings	1,576	2,147
Interest payable	3,365	4,584
Derivative liabilities	28,139	9,907
Total financial liabilities	4,491,218	4,318,256
Estimate of Fair Value Measurement \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets
Cash and cash equivalents	158,987	187,320
Available-for-sale securities	0	0
Loans, net of allowance for loan losses	0	0
Restricted equity securities	0	0
Interest receivable	0	0
Derivative assets	0	0
Total financial assets	158,987	187,320
Financial Liabilities
Deposits	567,215	521,826
Federal funds purchased and repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Interest payable	0	0
Derivative liabilities	0	0
Total financial liabilities	567,215	521,826
Estimate of Fair Value Measurement \| Significant Other Observable Inputs (Level 2)
Financial Assets
Cash and cash equivalents	0	0
Available-for-sale securities	735,231	741,634
Loans, net of allowance for loan losses	0	0
Restricted equity securities	0	0
Interest receivable	16,958	15,716
Derivative assets	28,041	9,838
Total financial assets	780,230	767,188
Financial Liabilities
Deposits	0	0
Federal funds purchased and repurchase agreements	38,946	14,921
Federal Home Loan Bank advances	423,799	357,859
Other borrowings	1,576	2,147
Interest payable	3,365	4,584
Derivative liabilities	28,139	9,907
Total financial liabilities	495,825	389,418
Estimate of Fair Value Measurement \| Unobservable Inputs (Level 3)
Financial Assets
Cash and cash equivalents	0	0
Available-for-sale securities	0	0
Loans, net of allowance for loan losses	3,946,203	3,810,818
Restricted equity securities	18,539	17,278
Interest receivable	0	0
Derivative assets	0	0
Total financial assets	3,964,742	3,828,096
Financial Liabilities
Deposits	3,428,178	3,407,012
Federal funds purchased and repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Interest payable	0	0
Derivative liabilities	0	0
Total financial liabilities	$ 3,428,178	$ 3,407,012

Commitments and Credit Risk (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Loss Contingencies [Line Items]
Total commitments	$ 1,444,875	$ 1,546,495
Financing Receivable \| Portfolio Segment Concentration Risk \| Energy
Loss Contingencies [Line Items]
Concentration of credit risk	10.00%
Financing Receivable \| Portfolio Segment Concentration Risk \| Energy \| Oil and Gas, Exploration Loans
Loss Contingencies [Line Items]
Concentration of credit risk	65.00%
Financing Receivable \| Portfolio Segment Concentration Risk \| Energy \| Oil and Natural, Production Loans
Loss Contingencies [Line Items]
Concentration of credit risk	35.00%
Commitments to originate loans
Loss Contingencies [Line Items]
Total commitments	$ 182,941	134,652
Standby letters of credit
Loss Contingencies [Line Items]
Total commitments	34,828	39,035
Lines of credit
Loss Contingencies [Line Items]
Total commitments	1,204,712	1,351,873
Future lease commitments
Loss Contingencies [Line Items]
Total commitments	$ 22,394	$ 20,935

Label	Element	Value
Accounting Standards Update 2018-07 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0
Accounting Standards Update 2018-07 [Member] \| Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(2,159,000)
Accounting Standards Update 2018-07 [Member] \| Additional Paid-in Capital [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	2,159,000
Accounting Standards Update 2016-01 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	0
Accounting Standards Update 2016-01 [Member] \| Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(69,000)
Accounting Standards Update 2016-01 [Member] \| AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 69,000

Loans and Allowance for Loan Leases - Internal Risk Ratings (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	$ 4,011,169	$ 3,861,707
Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	3,827,787	3,727,182
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	78,863	47,629
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	100,431	81,413
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	4,088	5,483
Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,355,723	1,356,817
Commercial \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,234,385	1,258,952
Commercial \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	49,459	27,069
Commercial \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	71,879	70,796
Commercial \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Commercial \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Energy
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	398,797	408,573
Energy \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	370,614	392,233
Energy \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	12,628	9,460
Energy \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	12,294	2,340
Energy \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	3,261	4,540
Energy \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,084,684	1,024,041
Commercial real estate \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,058,543	1,007,921
Commercial real estate \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	14,985	9,311
Commercial real estate \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	10,329	5,866
Commercial real estate \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	827	943
Commercial real estate \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Construction and land development
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	625,145	628,418
Construction and land development \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	625,145	628,418
Construction and land development \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Construction and land development \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Construction and land development \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Construction and land development \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Residential real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	503,702	398,695
Residential real estate \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	496,236	394,495
Residential real estate \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,791	1,789
Residential real estate \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	5,675	2,411
Residential real estate \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Residential real estate \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	43,118	45,163
Consumer \| Pass & Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	42,864	45,163
Consumer \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Consumer \| Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	254	0
Consumer \| Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	0	0
Consumer \| Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	$ 0	$ 0