2019 Q2 Form 10-Q Financial Statement

#000143774919015320 Filed on August 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $24.38M $24.30M $24.33M
YoY Change 0.35% -0.03% 4.91%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.080M $970.0K $1.070M
YoY Change 11.34% -17.09% -5.31%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.393M $2.035M $1.951M
YoY Change -31.55% 1.19% -4.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $13.40M $11.57M $11.44M
YoY Change 15.87% 23.34% 23.54%
Income Tax $2.951M $2.500M $2.568M
% Of Pretax Income 22.02% 21.62% 22.46%
Net Earnings $10.45M $9.066M $8.868M
YoY Change 15.28% 41.26% 42.99%
Net Earnings / Revenue 42.86% 37.31% 36.45%
Basic Earnings Per Share $0.67 $0.54 $0.52
Diluted Earnings Per Share $0.66 $0.54 $0.52
COMMON SHARES
Basic Shares Outstanding 15.71M 16.69M 16.96M
Diluted Shares Outstanding 15.78M 16.79M 17.05M

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $156.5M $108.0M $205.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $48.26M $45.55M $46.42M
YoY Change 5.96% -8.17% -7.28%
Goodwill $92.74M $95.78M $95.78M
YoY Change -3.17% 0.0% 0.0%
Intangibles $4.532M $5.628M $5.891M
YoY Change -19.47% -15.79% -15.2%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.212B $2.348B $2.428B
YoY Change -5.8% -0.78% -0.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.30M $26.40M $26.50M
YoY Change -0.38% 8.2% 7.72%
Accrued Expenses $900.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $3.100M $27.90M $29.10M
YoY Change -88.89% -67.56% -67.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.20M $26.40M $26.50M
YoY Change 3.03% 8.2% 7.72%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.20M $26.40M $26.50M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.878B $2.009B $2.086B
YoY Change -6.5% -0.44% -0.04%
SHAREHOLDERS EQUITY
Retained Earnings $208.6M $184.3M $178.2M
YoY Change 13.21% 3.79% 2.51%
Common Stock $15.63M $21.38M $21.38M
YoY Change -26.89% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $92.90M $83.87M
YoY Change 18.37% 6.79%
Treasury Stock Shares $4.802M $4.534M
Shareholders Equity $333.7M $339.1M $342.0M
YoY Change
Total Liabilities & Shareholders Equity $2.212B $2.348B $2.428B
YoY Change -5.8% -0.78% -0.09%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $10.45M $9.066M $8.868M
YoY Change 15.28% 41.26% 42.99%
Depreciation, Depletion And Amortization $1.080M $970.0K $1.070M
YoY Change 11.34% -17.09% -5.31%
Cash From Operating Activities $11.36M $10.31M $10.83M
YoY Change 10.18% 179.4% 1.36%
INVESTING ACTIVITIES
Capital Expenditures -$3.320M -$260.0K -$120.0K
YoY Change 1176.92% -55.93% -85.88%
Acquisitions
YoY Change
Other Investing Activities $41.37M -$17.93M $3.300M
YoY Change -330.73% -178.85% -87.84%
Cash From Investing Activities $38.05M -$18.18M $3.174M
YoY Change -309.3% -182.08% -87.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.413M
YoY Change 3200.61%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.47M -89.31M 33.18M
YoY Change -53.57% 24.21% -16.16%
NET CHANGE
Cash From Operating Activities 11.36M 10.31M 10.83M
Cash From Investing Activities 38.05M -18.18M 3.174M
Cash From Financing Activities -41.47M -89.31M 33.18M
Net Change In Cash 7.940M -97.18M 47.19M
YoY Change -108.17% 110.99% -38.35%
FREE CASH FLOW
Cash From Operating Activities $11.36M $10.31M $10.83M
Capital Expenditures -$3.320M -$260.0K -$120.0K
Free Cash Flow $14.68M $10.57M $10.95M
YoY Change 38.88% 146.96% -5.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Basis Of Accounting
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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div> </div><div style="display: inline; font-weight: bold;">Basis of Presentation</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">General</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">First Community Bankshares, Inc. (the &#x201c;Company&#x201d;), a financial holding company, was founded in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1989</div> and incorporated under the laws of the Commonwealth of Virginia in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div> The Company is the successor to First Community Bancshares, Inc., a Nevada corporation, pursuant to an Agreement and Plan of Reincorporation and Merger, the sole purpose of which was to change the Company&#x2019;s state of incorporation from Nevada to Virginia. The Company&#x2019;s principal executive office is located at One Community Place, Bluefield, Virginia. The Company provides banking products and services to individual and commercial customers through its wholly owned subsidiary First Community Bank (the &#x201c;Bank&#x201d;), a Virginia-chartered banking institution founded in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1874.</div> The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People&#x2019;s Community Bank, a Division of First Community Bank, in Tennessee. The Bank offers wealth management and investment advice through its Trust Division and wholly owned subsidiary First Community Wealth Management (&#x201c;FCWM&#x201d;). Unless the context suggests otherwise, the terms &#x201c;First Community,&#x201d; &#x201c;Company,&#x201d; &#x201c;we,&#x201d; &#x201c;our,&#x201d; and &#x201c;us&#x201d; refer to First Community Bankshares, Inc. and its subsidiaries as a consolidated entity.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Principles of Consolidation</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company&#x2019;s accounting and reporting policies conform with U.S. generally accepted accounting principles (&#x201c;GAAP&#x201d;) and prevailing practices in the banking industry. The consolidated financial statements include all accounts of the Company and its wholly owned subsidiaries and eliminate all intercompany balances and transactions. The Company operates in </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> business segment, Community Banking, which consists of all operations, including commercial and consumer banking, lending activities, wealth management, and insurance services. Operating results for interim periods are </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> necessarily indicative of results that </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">be expected for other interim periods or for the full year. In management&#x2019;s opinion, the accompanying unaudited interim condensed consolidated financial statements contain all necessary adjustments, including normal recurring accruals, and disclosures for a fair presentation.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company&#x2019;s Annual Report on Form </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-K for the year ended </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2018 (</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x201c;2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> Form </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-K&#x201d;), as filed with the Securities and Exchange Commission (the &#x201c;SEC&#x201d;) on </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 1, 2019. </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The condensed consolidated balance sheet as of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2018, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">has been derived from the audited consolidated financial statements.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Reclassifications</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Certain amounts reported in prior years have been reclassified to conform to the current year&#x2019;s presentation. These reclassifications had </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> effect on the Company&#x2019;s results of operations, financial position, or net cash flow.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Use of Estimates</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that require the most subjective or complex judgments relate to fair value measurements, investment securities, the allowance for loan losses, goodwill and other intangible assets, and income taxes. A discussion of the Company&#x2019;s application of critical accounting estimates is included in &#x201c;Critical Accounting Estimates&#x201d; in Item </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> of this report.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Significant Accounting Policies</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company&#x2019;s significant accounting policies are included in Note </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Basis of Presentation and Significant Accounting Policies,&#x201d; of the Notes to Consolidated Financial Statements in Part II, Item </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> of the Company&#x2019;s </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> Form </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-K.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Recent Accounting </div></div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Standards</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Standards Adopted in </div></div><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 2018, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Codification Improvements.&#x201d; This ASU makes changes to a variety of topics to clarify, correct errors in, or make minor improvements to the Accounting Standards Codification. The majority of the amendments in ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> became effective for the Company for fiscal years beginning after </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018. </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company adopted ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> in the </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> quarter of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> The adoption of the standard had </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> material effect on its financial statements.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August 2017, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Derivatives and Hedging (Topic </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">815</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">): Targeted Improvements to Accounting for Hedging Activities.&#x201d; The ASU intends to improve the financial reporting of hedging relationships to better portray the economic results of an entity&#x2019;s risk management activities in its financial statements and simplify the application of hedge accounting guidance. ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> became effective for the Company for fiscal years beginning after </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018.</div><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div></div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company adopted ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> in the </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> quarter of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> The adoption of the standard had </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> material effect on its financial statements.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2016, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Leases (Topic </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">842</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">).&#x201d; This ASU increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requiring more disclosures related to leasing transactions. In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 2018, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">01,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> which allows entities the option to apply the provisions of the new guidance at the effective date without adjusting the comparative periods presented. In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 2018, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Codification Improvements to Topic </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">842,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> Leases,&#x201d; which updates narrow aspects of the guidance issued in ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> as well as issuing ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> which allows entities to choose an additional transition method in which an entity is allowed to apply the standard at adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Under this method, the entity shall recognize and measure the leases that exist at the adoption date and the prior comparative periods are </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> adjusted. The Company adopted ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2019, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">electing to recognize and measure existing leases at the adoption date with </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> adjustments to prior periods. In addition, the Company elected the practical expedients of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> re-assessing the classifications of existing leases, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> re-assessing if existing leases have initial direct costs, or examining expired or existing contracts to determine if a lease exists. All of the current leases are classified as operating leases. The adoption of the standard resulted in a right-of-use asset of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$915</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> thousand and a lease liability of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$915</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> thousand which are included in other assets and other liabilities, respectively, in the condensed consolidated balance sheets. The adoption did </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> have a material impact on the financial position or results of operations of the Company.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Standards </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> Yet Adopted</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">In </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 2016, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">the FASB issued ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;Financial Instruments &#x2013; Credit Losses (Topic </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">326</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">): Measurement of Credit Losses on Financial Instruments.&#x201d; This ASU intends to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. This ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts and requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization&#x2019;s portfolio. In addition, the update amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> will be effective for the Company for fiscal years beginning after </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2019, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">with early adoption permitted for fiscal years beginning after </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018. </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company expects to adopt ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> in the </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> quarter of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2020</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> and recognize a cumulative adjustment to retained earnings as of the beginning of the year of adoption. The Company has established a working group to prepare for, and implement changes related to, the standard and has engaged a </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-party vendor solution to assist in the application of the standard.&nbsp;The Company has established a cross-functional implementation team with assigned roles and responsibilities, key tasks to complete, and a general timeline to be followed. The team meets regularly to discuss the latest developments and ensure progress is being made on the adoption plan. The Company has contracted with a </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-party provider for enhanced modeling techniques that incorporate the loss measurement requirements in these amendments and is in the process of finalizing and documenting the methodologies that will be utilized, including challenging estimated credit loss model assumptions and outputs and refining the qualitative framework. The team is also currently developing controls, processes, policies and disclosures in preparation for performing parallel runs in the </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> and </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">fourth</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> quarters of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> The Company expects validation of the new model(s) to be completed during the last half of </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> The Company continues to evaluate the impact adoption of ASU </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> will have on its consolidated financial statements and disclosures, and while currently unable to reasonably estimate the impact of adopting this ASU, the Company expects that the impact of adoption could be significantly influenced by the composition, characteristics and quality of its loan portfolio as well as the prevailing economic conditions and forecasts as of the adoption date.</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">The Company does </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> expect other recent accounting standards issued by the FASB or other standards-setting bodies to have a material impact on the consolidated financial statements.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div></div>
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us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
451000
CY2019Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
32384000
CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
33008000
CY2019Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
939000
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1452000
CY2019Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
36719000
CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
37113000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
29843000
CY2018Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
25805000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
29864000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
28395000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
265000
CY2018Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
138000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
481000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
351000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
28733000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
27938000
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
667000
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4532000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5026000
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
24382000
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
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us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
47993000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
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CY2019Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
22721000
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
22422000
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
44900000
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
45177000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
33068000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
31984000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
3540000
CY2018Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
8891000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2916000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
7943000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
44000
CY2018Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
61000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
73000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
100000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3651000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
5070000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3651000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
5129000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13402000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11566000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25663000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23002000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2951000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5581000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5068000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5337000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4000000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-164000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-198000
CY2019Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
CY2018Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
338000
CY2019Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1367465000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1396200000
CY2019Q2 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
3083000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
29370000
CY2019Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
996000
CY2018Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
995000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
310820000
CY2018Q4 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
330757000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
446533000
CY2018Q4 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
451721000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
150506000
CY2018Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
153483000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
110537000
CY2018Q4 us-gaap Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
114904000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
349069000
CY2018Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
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CY2019Q2 us-gaap Interest Expense
InterestExpense
1393000
CY2018Q2 us-gaap Interest Expense
InterestExpense
2035000
us-gaap Interest Expense
InterestExpense
2818000
us-gaap Interest Expense
InterestExpense
3986000
CY2019Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1392000
CY2018Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1327000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2697000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2578000
CY2019Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
CY2018Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
506000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
1006000
CY2019Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1000
CY2018Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
202000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
121000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
402000
CY2019Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
766000
CY2018Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
514000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1104000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
985000
CY2019Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
21404000
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
21767000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
42370000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
43651000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22989000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22262000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
45175000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
44641000
CY2019Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
649000
CY2018Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
712000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1334000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1427000
CY2019Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
246000
CY2018Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
649000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
655000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1038000
us-gaap Interest Paid Net
InterestPaidNet
2899000
us-gaap Interest Paid Net
InterestPaidNet
4001000
CY2019Q2 us-gaap Interest Receivable
InterestReceivable
5317000
CY2018Q4 us-gaap Interest Receivable
InterestReceivable
5481000
CY2019Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
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CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8993000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
18319000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
18434000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1027000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
101000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
101000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
101000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
110000
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
145000
CY2019Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
185437000
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
215239000
CY2019Q2 us-gaap Liabilities
Liabilities
1878341000
CY2018Q4 us-gaap Liabilities
Liabilities
1911517000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2212027000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2244374000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18540000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18267000
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18243000
CY2018Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19500000
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19583000
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19276000
CY2019Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
15520000
CY2018Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
18815000
CY2019Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1705408000
CY2018Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1756269000
CY2019Q2 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
1702388000
CY2018Q4 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
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CY2019Q2 us-gaap Long Term Debt
LongTermDebt
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CY2019Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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CY2018Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
461000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1037000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
983000
CY2019Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
3564000
CY2018Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
6349000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
109689000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25449000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21142000
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
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us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
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us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
21023000
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
8708000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
10451000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
9066000
us-gaap Net Income Loss
NetIncomeLoss
20082000
us-gaap Net Income Loss
NetIncomeLoss
17934000
CY2019Q2 us-gaap Noninterest Bearing Deposit Liabilities
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CY2018Q4 us-gaap Noninterest Bearing Deposit Liabilities
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CY2019Q2 us-gaap Noninterest Expense
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CY2018Q2 us-gaap Noninterest Expense
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us-gaap Noninterest Expense
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33436000
us-gaap Noninterest Expense
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34276000
CY2019Q2 us-gaap Noninterest Income
NoninterestIncome
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CY2018Q2 us-gaap Noninterest Income
NoninterestIncome
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us-gaap Noninterest Income
NoninterestIncome
16729000
us-gaap Noninterest Income
NoninterestIncome
13627000
CY2019Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
2025000
CY2018Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
us-gaap Noninterest Income Other
NoninterestIncomeOther
3700000
us-gaap Noninterest Income Other
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CY2019Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
471000
CY2018Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
827000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1226000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1429000
CY2019Q1 us-gaap Number Of Operating Segments
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1
CY2019Q2 us-gaap Occupancy Net
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1082000
CY2018Q2 us-gaap Occupancy Net
OccupancyNet
1083000
us-gaap Occupancy Net
OccupancyNet
2235000
us-gaap Occupancy Net
OccupancyNet
2333000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
882000
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
875000
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2019Q2 us-gaap Other Assets
OtherAssets
75248000
CY2018Q4 us-gaap Other Assets
OtherAssets
74573000
CY2019Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
375000
CY2018Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-296000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
1593000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-2443000
CY2019Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
446000
CY2018Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-132000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1326000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-2209000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
352000
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-104000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1048000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1745000
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-71000
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-164000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
267000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-234000
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
1000
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
93000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-406000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
92000
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-43000
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-43000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
70000
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
71000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
139000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
142000
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
94000
CY2018Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-28000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
278000
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
332000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-464000
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-296000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1550000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2443000
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2883000
CY2018Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3939000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5934000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
7132000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-342000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
340000
CY2019Q2 us-gaap Other Real Estate
OtherRealEstate
3962000
CY2018Q4 us-gaap Other Real Estate
OtherRealEstate
3838000
CY2019Q2 us-gaap Other Real Estate Covered
OtherRealEstateCovered
152000
CY2018Q4 us-gaap Other Real Estate Covered
OtherRealEstateCovered
32000
CY2019Q2 us-gaap Other Real Estate Non Covered
OtherRealEstateNonCovered
3810000
CY2018Q4 us-gaap Other Real Estate Non Covered
OtherRealEstateNonCovered
3806000
CY2018Q1 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
0
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-129000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-3000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-51555000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-16783000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14359000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14715000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7257000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14198000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2234000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
67355000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4952000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
384000
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Reclassifications</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Certain amounts reported in prior years have been reclassified to conform to the current year&#x2019;s presentation. These reclassifications had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> effect on the Company&#x2019;s results of operations, financial position, or net cash flow.</div></div></div>
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
458000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
23824000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
33948000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
25000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-26287000
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-2217000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
13897000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
55000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1542000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
785000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
948000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
489000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
82000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
157000
CY2019Q2 us-gaap Professional Fees
ProfessionalFees
328000
CY2018Q2 us-gaap Professional Fees
ProfessionalFees
430000
us-gaap Professional Fees
ProfessionalFees
742000
us-gaap Professional Fees
ProfessionalFees
737000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48262000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45785000
CY2019Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1585000
CY2018Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
495000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2805000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
990000
CY2019Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
89000
CY2018Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
56000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
144000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
112000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
208618000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
195793000
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
215000
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
149000
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
745000
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1006000
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
134000
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
58000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
157000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
82000
CY2019Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
194000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
426900
CY2019Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
6577000
CY2019Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
3083000
CY2018Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
29370000
CY2019Q2 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
25960000
CY2018Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
38250000
us-gaap Share Based Compensation
ShareBasedCompensation
1006000
us-gaap Share Based Compensation
ShareBasedCompensation
745000
CY2019Q2 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
2555
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
6653
CY2018Q2 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
89000
CY2019Q2 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
87000
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
229000
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
227000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
14359000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
333686000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
332857000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
342037000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
339121000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
333102000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
350714000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2694000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
3928000
CY2018Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
32.43
CY2018Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
286930
CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9302000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14715000
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of Estimates</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that require the most subjective or complex judgments relate to fair value measurements, investment securities, the allowance for loan losses, goodwill and other intangible assets, and income taxes. A discussion of the Company&#x2019;s application of critical accounting estimates is included in &#x201c;Critical Accounting Estimates&#x201d; in Item <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> of this report.</div></div></div>
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
63116
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
99217
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
72036
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
91030
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15775320
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16788615
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15847498
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16912872
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15712204
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16689398
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15775462
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16821842

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