2020 Q1 Form 10-Q Financial Statement
#000143774920010337 Filed on May 11, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
---|---|---|---|
Revenue | $29.51M | $23.37M | $23.61M |
YoY Change | 24.98% | -7.92% | -2.96% |
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 | $1.450M | $1.210M | $990.0K |
YoY Change | 46.46% | 28.72% | -7.48% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $1.827M | $1.313M | $1.425M |
YoY Change | 28.21% | -12.58% | -26.96% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $10.07M | $12.40M | $12.26M |
YoY Change | -17.89% | 4.16% | 7.21% |
Income Tax | $2.195M | $2.833M | $2.630M |
% Of Pretax Income | 21.8% | 22.85% | 21.45% |
Net Earnings | $7.872M | $9.564M | $9.631M |
YoY Change | -18.26% | 2.77% | 8.6% |
Net Earnings / Revenue | 26.68% | 40.92% | 40.79% |
Basic Earnings Per Share | $0.44 | $0.61 | $0.61 |
Diluted Earnings Per Share | $0.44 | $0.61 | $0.60 |
COMMON SHARES | |||
Basic Shares Outstanding | 18.00M | 15.61M | 15.84M |
Diluted Shares Outstanding | 18.05M | 15.67M | 15.92M |
Balance Sheet
Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $241.6M | $217.0M | $148.5M |
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 | $63.32M | $62.82M | $46.64M |
YoY Change | 35.77% | 37.22% | 0.48% |
Goodwill | $129.6M | $129.6M | $92.74M |
YoY Change | 39.7% | 39.7% | -3.17% |
Intangibles | $8.159M | $8.519M | $4.780M |
YoY Change | 70.69% | 69.5% | -18.86% |
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 | $2.739B | $2.799B | $2.242B |
YoY Change | 22.15% | 24.71% | -7.66% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $35.60M | $37.50M | $26.20M |
YoY Change | 35.88% | 42.05% | -1.13% |
Accrued Expenses | $1.000M | $1.000M | $900.0K |
YoY Change | 11.11% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.348M | $1.601M | $3.700M |
YoY Change | -36.54% | -94.55% | -87.29% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $36.60M | $38.50M | $27.10M |
YoY Change | 35.06% | 45.83% | 2.26% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $36.60M | $38.50M | $27.10M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.327B | $2.370B | $1.909B |
YoY Change | 21.9% | 23.99% | -8.49% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $222.8M | $219.5M | $202.1M |
YoY Change | 10.25% | 12.13% | 13.4% |
Common Stock | $17.70M | $18.38M | $15.82M |
YoY Change | 11.9% | 14.81% | -26.02% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $411.6M | $428.8M | $333.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.739B | $2.799B | $2.242B |
YoY Change | 22.15% | 24.71% | -7.66% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $7.872M | $9.564M | $9.631M |
YoY Change | -18.26% | 2.77% | 8.6% |
Depreciation, Depletion And Amortization | $1.450M | $1.210M | $990.0K |
YoY Change | 46.46% | 28.72% | -7.48% |
Cash From Operating Activities | $11.37M | $17.02M | $14.09M |
YoY Change | -19.3% | 37.81% | 30.09% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.580M | -$2.180M | -$1.630M |
YoY Change | -3.07% | 48.3% | 1258.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $82.07M | $33.81M | $73.27M |
YoY Change | 12.01% | 13.92% | 2120.3% |
Cash From Investing Activities | $80.49M | $31.62M | $71.64M |
YoY Change | 12.35% | 12.13% | 2157.15% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $21.87M | $7.782M | |
YoY Change | 181.06% | 43.77% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$67.26M | -14.09M | -14.06M |
YoY Change | 378.28% | -62.29% | -142.38% |
NET CHANGE | |||
Cash From Operating Activities | $11.37M | 17.02M | 14.09M |
Cash From Investing Activities | $80.49M | 31.62M | 71.64M |
Cash From Financing Activities | -$67.26M | -14.09M | -14.06M |
Net Change In Cash | $24.60M | 34.55M | 71.67M |
YoY Change | -65.67% | 983.07% | 51.88% |
FREE CASH FLOW | |||
Cash From Operating Activities | $11.37M | $17.02M | $14.09M |
Capital Expenditures | -$1.580M | -$2.180M | -$1.630M |
Free Cash Flow | $12.95M | $19.20M | $15.72M |
YoY Change | -17.62% | 38.93% | 43.55% |
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BasisOfAccounting
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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: inherit;">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;"> </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;"> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">First Community Bankshares, Inc. (the “Company”), a financial holding company, was founded in <div style="display: inline; font-style: italic; font: inherit;">1989</div> and incorporated under the laws of the Commonwealth of Virginia in <div style="display: inline; font-style: italic; font: inherit;">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’s state of incorporation from Nevada to Virginia. The Company’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 “Bank”), a Virginia-chartered banking institution founded in <div style="display: inline; font-style: italic; font: inherit;">1874.</div> The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’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 (“FCWM”). Unless the context suggests otherwise, the terms “First Community,” “Company,” “we,” “our,” and “us” 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> <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></div></div> <div style="display: inline; font-style: italic; font: inherit;"><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;">Principles of Consolidation</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></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company’s accounting and reporting policies conform with U.S. generally accepted accounting principles (“GAAP”) 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 style="display: inline; font-style: italic; font: inherit;">one</div> business segment, Community Banking, which consists of all operations, including commercial and consumer banking, lending activities, and wealth management. Operating results for interim periods are <div style="display: inline; font-style: italic; font: inherit;">not</div> necessarily indicative of results that <div style="display: inline; font-style: italic; font: inherit;"> may </div>be expected for other interim periods or for the full year. In management’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 style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form <div style="display: inline; font-style: italic; font: inherit;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font: inherit;"> December 31, 2019 (</div>the <div style="display: inline; font-style: italic; font: inherit;">“2019</div> Form <div style="display: inline; font-style: italic; font: inherit;">10</div>-K”), as filed with the Securities and Exchange Commission (the “SEC”) on <div style="display: inline; font-style: italic; font: inherit;"> March 13, 2020. </div>The condensed consolidated balance sheet as of <div style="display: inline; font-style: italic; font: inherit;"> December 31, 2019, </div>has been derived from the audited consolidated financial statements.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"></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></div></div> <div style="display: inline; font-style: italic; font: inherit;"><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;"> </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’s presentation. These reclassifications had <div style="display: inline; font-style: italic; font: inherit;">no</div> effect on the Company’s results of operations, financial position, or net cash flow.</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></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></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></div></div> <div style="display: inline; font-style: italic; font: inherit;"><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;"> </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’s application of critical accounting estimates is included in “Critical Accounting Estimates” in Item <div style="display: inline; font-style: italic; font: inherit;">2</div> of this report.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"></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;">Significant Accounting Policies</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></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company’s significant accounting policies are included in Note <div style="display: inline; font-style: italic; font: inherit;">1,</div> “Basis of Presentation and Significant Accounting Policies,” of the Notes to Consolidated Financial Statements in Part II, Item <div style="display: inline; font-style: italic; font: inherit;">8</div> of the Company’s <div style="display: inline; font-style: italic; font: inherit;">2019</div> Form <div style="display: inline; font-style: italic; font: inherit;">10</div>-K.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </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></div></div> <div style="display: inline; font-style: italic; font: inherit;"><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;">Risks and Uncertainties</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;"> </div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; text-decoration: underline;">Recent COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> Virus Developments</div> –</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">During the <div style="display: inline; font-style: italic; font: inherit;">first</div> quarter of <div style="display: inline; font-style: italic; font: inherit;">2020,</div> government reaction to the novel coronavirus (“COVID-<div style="display: inline; font-style: italic; font: inherit;">19”</div>) pandemic significantly disrupted local, national, and global economies and adversely impacted a broad range of industries, including banking and other financial services.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; text-decoration: underline;">Company Response to COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div></div> –</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">As COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> events unfolded during the <div style="display: inline; font-style: italic; font: inherit;">first</div> quarter, the Company implemented various plans, strategies and protocols to protect its employees, maintain services for customers, assure the functional continuity of its operating systems, controls and processes, and mitigate financial risks posed by changing market conditions. In particular, the Company took the following actions, among others:</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Implemented its board-approved pandemic business continuity plan.</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Appointed an internal pandemic preparedness task force comprised of the Company’s management to address both operational and financial risks posed by COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div></div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Modified branch operations:</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Branch lobbies remain available, but on a limited appointment-only basis</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Most transactions conducted via drive-throughs</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Increased emphasis on digital banking platforms</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Implemented physical separation of critical operational workforce for Bank and non-Bank financial services subsidiaries</div> </td> </tr> </table> <div style=" margin: 0pt;"> </div><div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"></div> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Expanded paid time off and health benefits for employees</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Implemented work from home strategy:</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">The majority of the Company’s non-branch, operational employees (approximately <div style="display: inline; font-style: italic; font: inherit;">60%</div> of the Company’s back office workforce) are working remotely</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Geographically separated work locations of bank and Company CEO’s and most other executive management team members</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:104pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">o</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Suspended work-related travel</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Implemented a pay differential for employees continuing to work at branch or back office locations.</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Adopted self-quarantine procedures</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Implemented enhanced facility cleaning protocols</div> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:68pt;"> </td> <td style="width:11pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">●</div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:7.2pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;">Redeployed staff to critical customer service operations to expedite loan payment deferral requests, Paycheck Protection Program lending efforts, and other operations</div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; text-decoration: underline;">Potential Effects of COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div></div> –</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The adverse impact of COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> to the economy <div style="display: inline; font-style: italic; font: inherit;"> may </div>impair the Company’s customers’ ability to fulfill their financial obligations to the Company, reducing interest income on loans or increasing loan losses. In keeping with Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus, the Company continues to work with COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> affected borrowers to defer loan payments, interest, and fees. Through <div style="display: inline; font-style: italic; font: inherit;"> May 1, 2020, </div>the Company has modified or deferred payments on a total of <div style="display: inline; font-style: italic; font: inherit;">2,176</div> loans totaling <div style="display: inline; font-style: italic; font: inherit;">$327.52</div> million in principal (<div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">887</div></div> commercial loans totaling <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">$254.72</div></div> million in principal, <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">698</div></div> consumer installment loans totaling <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">$9.22</div></div> million in principal, <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">484</div></div> consumer mortgages totaling <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">$57.47</div></div> million in principal, and <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">107</div></div> home equity loans totaling <div style="display: inline; font-style: italic; font: inherit;"><div style="display: inline; font-style: italic; font: inherit;">$6.10</div></div> million in principal). Deferred interest and fees for these loans will continue to accrue to income under normal GAAP accounting. However, should eventual credit losses on deferred payments occur, accrued interest income and fees would be reversed, which would negatively impact interest income in future periods. At this time, the Company is unable to project the materiality of any such impact.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The general economic slowdown caused by COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> in local economies in communities served by the Company could affect loan demand and consumption of financial services, generally, reducing interest income, service fees, and the demand for other profitable financial services provided by the Company.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">In addition to the general impact of COVID-<div style="display: inline; font-style: italic; font: inherit;">19,</div> certain provisions of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, as well as other legislative and regulatory actions <div style="display: inline; font-style: italic; font: inherit;"> may </div>materially impact the Company. The Company is participating in the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), in an attempt to assist its customers. Per the terms of the program, PPP loans have a <div style="display: inline; font-style: italic; font: inherit;">two</div>-year term, earn interest at <div style="display: inline; font-style: italic; font: inherit;">1%,</div> are fully guaranteed by the SBA, and are partially or totally forgivable if administered by the borrower according to guidance provided by SBA. The Company believes the majority of these loans have the potential to be forgiven by the SBA if administered in accordance with the terms of the program. Through <div style="display: inline; font-style: italic; font: inherit;"> May 1, 2020, </div>the Company closed <div style="display: inline; font-style: italic; font: inherit;">234</div> loans for proceeds of <div style="display: inline; font-style: italic; font: inherit;">$37.68</div> million through the PPP. Additionally, SBA has approved <div style="display: inline; font-style: italic; font: inherit;">407</div> additional loans for proceeds of <div style="display: inline; font-style: italic; font: inherit;">$20.58</div> million that we expect to close in the coming weeks.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> could cause a sustained decline in the Company’s stock price or the occurrence of an event that could, under certain circumstances, trigger the performance of a goodwill impairment test. In the event the Company deems all or a portion of its goodwill to be impaired, the Company could record a non-cash charge to earnings for the amount of such impairment. Such a charge would have <div style="display: inline; font-style: italic; font: inherit;">no</div> impact on tangible or regulatory capital.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">To date, the Company has identified <div style="display: inline; font-style: italic; font: inherit;">no</div> material, unmitigated operational or internal control challenges or risks and anticipates <div style="display: inline; font-style: italic; font: inherit;">no</div> significant challenges to its ability to maintain systems and controls as a result of the actions taken to prevent the spread of COVID-<div style="display: inline; font-style: italic; font: inherit;">19.</div> In addition, the Company currently faces <div style="display: inline; font-style: italic; font: inherit;">no</div> material resource constraints arising due to implementation of the business continuity plan.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">It is impossible to predict the full extent to which COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div> and the resulting measures to prevent its spread will affect the Company’s operations. Although there is a high degree of uncertainty around the magnitude and duration of the economic impact of COVID-<div style="display: inline; font-style: italic; font: inherit;">19,</div> the Company’s management believes its financial position, including high levels of capital and liquidity, will allow it to successfully endure the negative economic impacts of the crisis.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"></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></div></div> <div style="display: inline; font-style: italic; font: inherit;"><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;">Recent Accounting </div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Standards</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></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;">Standards Adopted in </div><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font: inherit;">20</div></div><div style="display: inline; font-style: italic;"><div style="display: inline; font-style: italic; font: inherit;">20</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">In <div style="display: inline; font-style: italic; font: inherit;"> August 2018, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font: inherit;">2018</div>-<div style="display: inline; font-style: italic; font: inherit;">13,</div> “Fair Value Measurement (Topic <div style="display: inline; font-style: italic; font: inherit;">820</div>): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement.” The amendments remove, modify, and add certain fair value disclosure requirements based on the concepts in the FASB Concepts Statement, <div style="display: inline; font-style: italic;">Conceptual Framework for Financial Reporting—Chapter <div style="display: inline; font-style: italic; font: inherit;">8:</div> Notes to Financial Statements</div>. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after <div style="display: inline; font-style: italic; font: inherit;"> December 15, 2019. </div>Early adoption is permitted, including adoption in any interim period for which financial statements have <div style="display: inline; font-style: italic; font: inherit;">not</div> yet been issued. The update did <div style="display: inline; font-style: italic; font: inherit;">not</div> have a material effect on the Company’s financial statements.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </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;">Standards <div style="display: inline; font-style: italic; font: inherit;">Not</div> Yet Adopted</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></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">In <div style="display: inline; font-style: italic; font: inherit;"> June 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font: inherit;">2016</div>-<div style="display: inline; font-style: italic; font: inherit;">13,</div> “Financial Instruments – Credit Losses (Topic <div style="display: inline; font-style: italic; font: inherit;">326</div>): Measurement of Credit Losses on Financial Instruments.” This ASU purportedly requires earlier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. This ASU also 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. It further 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’s portfolio. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The CARES Act was passed by the United States Congress and signed into law by the President of the United States at the end of <div style="display: inline; font-style: italic; font: inherit;"> March 2020. </div>The CARES Act states that “Notwithstanding any other provision of law, <div style="display: inline; font-style: italic; font: inherit;">no</div> insured depository institution, bank holding company, or any affiliate thereof shall be required to comply with the Financial Accounting Standards Board Accounting Standards Update <div style="display: inline; font-style: italic; font: inherit;">No.</div> <div style="display: inline; font-style: italic; font: inherit;">2016</div>-<div style="display: inline; font-style: italic; font: inherit;">13</div> (“Measurement of Credit Losses on Financial Instruments”), including the current expected credit losses methodology for estimating allowances for credit losses, during the period beginning on <div style="display: inline; font-style: italic; font: inherit;"> March 27, 2020 </div>and ending on the earlier of: (<div style="display: inline; font-style: italic; font: inherit;">1</div>) the date on which the national emergency concerning the novel coronavirus disease (COVID-<div style="display: inline; font-style: italic; font: inherit;">19</div>) outbreak declared by the President on <div style="display: inline; font-style: italic; font: inherit;"> March 13, 2020 </div>under the National Emergencies Act (<div style="display: inline; font-style: italic; font: inherit;">50</div> U.S.C. <div style="display: inline; font-style: italic; font: inherit;">1601</div> et seq.) terminates; or (<div style="display: inline; font-style: italic; font: inherit;">2</div>) <div style="display: inline; font-style: italic; font: inherit;"> December 31, 2020. </div><div style="display: inline; font-style: italic; font: inherit;">15</div> U.S.C. § <div style="display: inline; font-style: italic; font: inherit;">9052</div>(b) (<div style="display: inline; font-style: italic; font: inherit;">2020</div>). The Company has elected to <div style="display: inline; font-style: italic; font: inherit;">“not</div> comply with” ASU <div style="display: inline; font-style: italic; font: inherit;">2016</div>-<div style="display: inline; font-style: italic; font: inherit;">13</div> for the period specified in the CARES Act and any subsequent controlling legislation or regulation. In preparation for expiration of the period specified in the CARES Act, the Company has selected loss estimation methodologies for its allowance for credit losses, performed testing on the chosen methodologies, and determined a qualitative adjustment methodology that aligns with the requirements of the new standard. The Company has also subjected the model to <div style="display: inline; font-style: italic; font: inherit;">third</div> party validation. Based upon the aforesaid preparatory measures, upon expiration of the period specified in the CARES Act and any subsequent controlling legislation or regulation, the Company anticipates recording a cumulative-effect adjustment to retained earnings of approximately <div style="display: inline; font-style: italic; font: inherit;">$5.61</div> million in connection with adoption of the new standard, consisting of tax-effected increases in the allowance for credit losses associated with the Company’s legacy loan portfolio prior to the addition of Highlands and the portfolio of purchased performing loans associated with Highlands of approximately <div style="display: inline; font-style: italic; font: inherit;">$2.89</div> million and <div style="display: inline; font-style: italic; font: inherit;">$4.44</div> million, respectively. The Company also anticipates making an approximate <div style="display: inline; font-style: italic; font: inherit;">$7.04</div> million adjustment to the opening balance of the allowance for credit losses associated with the required gross-up of purchased credit deteriorated loans from the Highlands transaction.</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></div><div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">In <div style="display: inline; font-style: italic; font: inherit;"> December 2019, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font: inherit;">2019</div>-<div style="display: inline; font-style: italic; font: inherit;">12,</div> “Income Taxes (Topic <div style="display: inline; font-style: italic; font: inherit;">740</div>), Simplifying the Accounting for Income Taxes”. This ASU simplifies the accounting for income taxes by removing certain exceptions to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition for deferred tax liabilities for outside basis differences. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after <div style="display: inline; font-style: italic; font: inherit;"> December 15, 2020. </div>Early adoption is permitted, including adoption in any interim period for which financial statements have <div style="display: inline; font-style: italic; font: inherit;">not</div> yet been issued. The update is <div style="display: inline; font-style: italic; font: inherit;">not</div> expected to have any material effect on the Company’s financial statements.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">In <div style="display: inline; font-style: italic; font: inherit;"> March 2020, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font: inherit;">2020</div>-<div style="display: inline; font-style: italic; font: inherit;">04,</div> “Reference Rate Reform (Topic <div style="display: inline; font-style: italic; font: inherit;">848</div>) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting Summary”. This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. LIBOR (London Inter-bank Offered Rate) and other interbank offered rates are widely used benchmarks or reference rates in the United States and globally. With global capital markets expected to move away from LIBOR and other inter-bank offered rates toward rates that are more observable or transaction based and less susceptible to manipulation, the FASB launched a broad project in late <div style="display: inline; font-style: italic; font: inherit;">2018</div> to address potential accounting challenges expected to arise from the transition. The new guidance provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. This ASU is effective <div style="display: inline; font-style: italic; font: inherit;"> March 12, 2020 </div>through <div style="display: inline; font-style: italic; font: inherit;"> December 31, 2022. </div>The Company adopted this ASU on <div style="display: inline; font-style: italic; font: inherit;"> March 12, 2020. </div>The update is <div style="display: inline; font-style: italic; font: inherit;">not</div> expected to have any material effect on the Company's financial statements.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company does <div style="display: inline; font-style: italic; font: inherit;">not</div> 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> | |
CY2019 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
9360000 | |
CY2018 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
11358000 | |
CY2019 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
35231000 | |
CY2018 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
37234000 | |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
217009000 | |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
76873000 | |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
241613000 | |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
148546000 | |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
24604000 | |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
71673000 | |
CY2020Q1 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
82054000 | |
CY2019Q4 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
66818000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
|
241613000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
|
217009000 | |
CY2020Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
17700000 | |
CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
18377000 | |
CY2018Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
17229000 | |
CY2019Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
13549000 | |
CY2019Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
22616000 | |
CY2020Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
7466000 | |
CY2019Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
|
5143000 | |
CY2020Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
|
686000 | |
CY2019Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToFromNonaccretableDifference
|
1411000 | |
CY2020Q1 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToFromNonaccretableDifference
|
||
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.21 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
24296709 | |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
24238907 | |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17700140 | |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18376991 | |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8239000 | |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
10327000 | |
CY2020Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
385000 | |
CY2019Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
||
CY2020Q1 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
385000 | |
CY2019Q1 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
||
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
608000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
8319000 | |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
3000 | |
CY2019Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
||
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
2000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
52000 | |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
419000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
118000 | |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
559000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
8995000 | |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
385000 | |
CY2019Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
||
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
34000 | |
CY2019Q1 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
||
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
1167000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
17314000 | |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
5000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
170000 | |
CY2020Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-46000 | |
CY2019Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-5000 | |
CY2020Q1 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
50000 | |
CY2019Q1 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
64000 | |
CY2020Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
89000 | |
CY2019Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
101000 | |
CY2020Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
262000 | |
CY2019Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
250000 | |
CY2020Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
77000 | |
CY2019Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
80000 | |
CY2020Q1 | us-gaap |
Deposits
Deposits
|
2288414000 | |
CY2019Q4 | us-gaap |
Deposits
Deposits
|
2329912000 | |
CY2020Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
1090000 | |
CY2019Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
736000 | |
CY2020Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
||
CY2019Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
||
CY2020Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1268000 | |
CY2019Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
510000 | |
CY2020Q1 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
17187000 | |
CY2019Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
17432000 | |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
3321000 | |
CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4593000 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.44 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
CY2020Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
1384000 | |
CY2019Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
1033000 | |
CY2020Q1 | us-gaap |
Fdic Indemnification Asset
FDICIndemnificationAsset
|
2433000 | |
CY2019Q4 | us-gaap |
Fdic Indemnification Asset
FDICIndemnificationAsset
|
2883000 | |
CY2018Q4 | us-gaap |
Fdic Indemnification Asset
FDICIndemnificationAsset
|
5108000 | |
CY2019Q1 | us-gaap |
Fdic Indemnification Asset
FDICIndemnificationAsset
|
4578000 | |
CY2020Q1 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
|
391051000 | |
CY2019Q4 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
|
396328000 | |
CY2020Q1 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
156893000 | |
CY2019Q4 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
148000000 | |
CY2020Q1 | us-gaap |
Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
|
703900000 | |
CY2020Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
19856000 | |
CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
17780000 | |
CY2020Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
1281000 | |
CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
645000 | |
CY2020Q1 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
2040956000 | |
CY2019Q4 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
1672634000 | |
CY2020Q1 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
5849000 | |
CY2019Q4 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
6535000 | |
CY2020Q1 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
7 | |
CY2019Q1 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
5 | |
CY2020Q1 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
2493000 | |
CY2019Q1 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
729000 | |
CY2020Q1 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
2493000 | |
CY2019Q1 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
748000 | |
CY2020Q1 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
11074000 | |
CY2019Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
8917000 | |
CY2020Q1 | us-gaap |
Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
|
209000 | |
CY2019Q1 | us-gaap |
Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
|
0 | |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-300000 | |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1000 | |
CY2020Q1 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
2054668000 | |
CY2019Q4 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
2081007000 | |
CY2020Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
20408000 | |
CY2019Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
16357000 | |
CY2020Q1 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
42057000 | |
CY2019Q4 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
33453000 | |
CY2019Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-364000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
|
39945000 | |
CY2019Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
20000 | |
CY2020Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
||
CY2019Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
1675000 | |
CY2020Q1 | us-gaap |
Goodwill
Goodwill
|
129565000 | |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
129565000 | |
CY2020Q1 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
174029000 | |
CY2019Q4 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
167612000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
37816000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
32170000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
348000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
245000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
36371000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
31172000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
1281000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
645000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
43967000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
35357000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
|
34297000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
|
29879000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
|
335000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
|
216000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
|
32853000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
|
28685000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
|
32884000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
3519000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
2291000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
|
13000 | |
CY2019Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
|
29000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
3518000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
2487000 | |
CY2020Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
4022000 | |
CY2019Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
2473000 | |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10067000 | |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
12261000 | |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2195000 | |
CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2630000 | |
CY2020Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1454000 | |
CY2019Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2678000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-560000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-254000 | |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8159000 | |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8519000 | |
CY2020Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
29509000 | |
CY2019Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
23611000 | |
CY2020Q1 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
28058000 | |
CY2019Q1 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
22179000 | |
CY2020Q1 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
1668122000 | |
CY2019Q4 | us-gaap |
Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
|
1702044000 | |
CY2020Q1 | us-gaap |
Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
|
2666000 | |
CY2019Q4 | us-gaap |
Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
|
2191000 | |
CY2020Q1 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
380000 | |
CY2019Q1 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
409000 | |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1514000 | |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1515000 | |
CY2020Q1 | us-gaap |
Interest Receivable
InterestReceivable
|
6117000 | |
CY2019Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
6677000 | |
CY2020Q1 | us-gaap |
Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
|
337460000 | |
CY2019Q4 | us-gaap |
Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
|
372821000 | |
CY2020Q1 | us-gaap |
Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
|
513366000 | |
CY2019Q4 | us-gaap |
Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
|
497470000 | |
CY2020Q1 | us-gaap |
Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
|
228117000 | |
CY2019Q4 | us-gaap |
Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
|
235712000 | |
CY2020Q1 | us-gaap |
Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
|
135782000 | |
CY2019Q4 | us-gaap |
Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
|
142801000 | |
CY2020Q1 | us-gaap |
Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
|
453397000 | |
CY2019Q4 | us-gaap |
Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
|
453240000 | |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
1827000 | |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
1425000 | |
CY2020Q1 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1825000 | |
CY2019Q1 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1305000 | |
CY2020Q1 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
2000 | |
CY2019Q1 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
120000 | |
CY2020Q1 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
533000 | |
CY2019Q1 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
338000 | |
CY2020Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
24182000 | |
CY2019Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
20966000 | |
CY2020Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
27682000 | |
CY2019Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
22186000 | |
CY2020Q1 | us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
538000 | |
CY2019Q1 | us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
685000 | |
CY2020Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
11386000 | |
CY2019Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
9166000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1099000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1138000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
119000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
119000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
122000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
131000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
154000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
154000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
154000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
154000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
119000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
129000 | |
CY2020Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
217022000 | |
CY2019Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
228716000 | |
CY2020Q1 | us-gaap |
Liabilities
Liabilities
|
2327355000 | |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
2370028000 | |
CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2738961000 | |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2798847000 | |
CY2020Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
21137000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18425000 | |
CY2018Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18267000 | |
CY2019Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18243000 | |
CY2020Q1 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
12115000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
12861000 | |
CY2020Q1 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
2084610000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
2101599000 | |
CY2020Q1 | us-gaap |
Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
|
2075588000 | |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
|
2096035000 | |
CY2020Q1 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
||
CY2019Q4 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
263000 | |
CY2020Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
0 | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0322 | |
CY2020Q1 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
512000 | |
CY2019Q1 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
524000 | |
CY2020Q1 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
2043000 | |
CY2019Q4 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
1539000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-67256000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-14062000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
80487000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
71642000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11373000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
14093000 | |
CY2020Q1 | us-gaap |
Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
|
-33922000 | |
CY2019Q1 | us-gaap |
Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
|
2938000 | |
CY2020Q1 | us-gaap |
Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
|
-7576000 | |
CY2019Q1 | us-gaap |
Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
|
19749000 | |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9631000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7872000 | |
CY2020Q1 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
620292000 | |
CY2019Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
627868000 | |
CY2020Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
21664000 | |
CY2019Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
16785000 | |
CY2020Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
7549000 | |
CY2019Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
8080000 | |
CY2020Q1 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
844000 | |
CY2019Q1 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
755000 | |
CY2020Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
CY2020Q1 | us-gaap |
Occupancy Net
OccupancyNet
|
1315000 | |
CY2019Q1 | us-gaap |
Occupancy Net
OccupancyNet
|
1153000 | |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
980000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1009000 | |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
896000 | |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
917000 | |
CY2020Q1 | us-gaap |
Other Assets
OtherAssets
|
101912000 | |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
101529000 | |
CY2020Q1 | us-gaap |
Other Borrowings
OtherBorrowings
|
1000000 | |
CY2019Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
||
CY2020Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
814000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
1218000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
465000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
880000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
696000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
367000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
349000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
338000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
|
-446000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
|
-407000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
385000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
||
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
|
97000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
|
69000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
98000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
184000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1199000 | |
CY2019Q4 | us-gaap |
Other Real Estate
OtherRealEstate
|
3969000 | |
CY2020Q1 | us-gaap |
Other Real Estate Non Covered
OtherRealEstateNonCovered
|
2502000 | |
CY2019Q4 | us-gaap |
Other Real Estate Non Covered
OtherRealEstateNonCovered
|
3969000 | |
CY2020Q1 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
12000 | |
CY2019Q1 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
129000 | |
CY2020Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
-19052000 | |
CY2019Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
-35316000 | |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
21872000 | |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7782000 | |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
4593000 | |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3321000 | |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
||
CY2020Q1 | us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
1279000 | |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
1328000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1580000 | |
CY2019Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1625000 | |
CY2020Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2019Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2020Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
5000 | |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
40000 | |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
||
CY2019Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
24000 | |
CY2020Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
233000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1218000 | |
CY2020Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3057000 | |
CY2019Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3051000 | |
CY2020Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-2712000 | |
CY2019Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
862000 | |
CY2020Q1 | us-gaap |
Other Real Estate
OtherRealEstate
|
2502000 | |
CY2020Q1 | 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="display: inline; font-family: times new roman; font-size: 10pt"><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;"> </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’s presentation. These reclassifications had <div style="display: inline; font-style: italic; font: inherit;">no</div> effect on the Company’s results of operations, financial position, or net cash flow.</div></div></div></div></div></div> | |
CY2020Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
10751000 | |
CY2019Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
11735000 | |
CY2020Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
||
CY2019Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
25000000 | |
CY2020Q1 | us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
-253000 | |
CY2019Q1 | us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
-25670000 | |
CY2020Q1 | us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
960000 | |
CY2019Q1 | us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
||
CY2020Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
51027000 | |
CY2019Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
414000 | |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
63319000 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
62824000 | |
CY2020Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
3500000 | |
CY2019Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1220000 | |
CY2020Q1 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
3500000 | |
CY2019Q1 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
1220000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
6617 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1418 | |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
222814000 | |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
219535000 | |
CY2020Q1 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
1348000 | |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
1601000 | |
CY2020Q1 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
27330000 | |
CY2019Q4 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
27870000 | |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
839000 | |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
857000 | |
CY2020Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
2348000 | |
CY2019Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1601000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
4098 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
140000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
174000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
857000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
839000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
24000 | |
CY2019Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
232900 | |
CY2020Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
734653 | |
CY2019Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
7782000 | |
CY2020Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
21872000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
332857000 | |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
333102000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
428819000 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
411606000 | |
CY2020Q1 | us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
377000 | |
CY2019Q1 | us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
1908000 | |
CY2020Q1 | 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="display: inline; font-family: times new roman; font-size: 10pt"><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;"> </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’s application of critical accounting estimates is included in “Critical Accounting Estimates” in Item <div style="display: inline; font-style: italic; font: inherit;">2</div> of this report.</div></div></div></div></div></div> | |
CY2020Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
51077 | |
CY2019Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
81526 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18050071 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15920950 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17998994 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15839424 |