2020 Q2 Form 10-K Financial Statement

#000110465920104927 Filed on September 14, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2018
Revenue $27.26M $26.05M $77.17M
YoY Change 4.67%
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 $1.390M $1.330M $3.119M
YoY Change 4.51% 11.76% -19.82%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.483M $7.054M $14.79M
YoY Change -22.27%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.760M $9.410M $28.73M
YoY Change -6.91% 30.69% 33.02%
Income Tax $1.860M $1.854M $7.803M
% Of Pretax Income 21.23% 19.7% 27.16%
Net Earnings $6.900M $7.556M $20.93M
YoY Change -8.68% 33.97% 34.16%
Net Earnings / Revenue 25.31% 29.01% 27.12%
Basic Earnings Per Share $0.76 $0.81 $2.40
Diluted Earnings Per Share $755.8K $0.81 $2.39
COMMON SHARES
Basic Shares Outstanding 8.734M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q2 2019 Q2 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $54.25M $35.40M
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 $65.11M $62.73M $54.80M
YoY Change 3.79% 14.47% 1.11%
Goodwill $14.09M $14.09M
YoY Change 0.0%
Intangibles
YoY Change
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 $2.542B $2.214B $1.886B
YoY Change 14.8% 17.41% 10.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.80M $15.00M $7.700M
YoY Change -21.33% 94.81% 5.48%
Accrued Expenses $2.000M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $7.400M $6.300M
YoY Change -100.0% 17.46% -52.27%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.284B $1.976B $7.700M
YoY Change 15.58% 25562.47% 5.48%
LONG-TERM LIABILITIES
Long-Term Debt $15.10M $15.00M $14.90M
YoY Change 0.67% 0.67% 0.68%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $15.10M $15.00M $14.90M
YoY Change 0.67% 0.67% 0.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.284B $1.976B $7.700M
Total Long-Term Liabilities $15.10M $15.00M $14.90M
Total Liabilities $2.284B $1.976B $1.685B
YoY Change 15.58% 17.24% 9.83%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $93.00K $93.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.937M $1.166M
YoY Change 494.94%
Treasury Stock Shares $217.9K $35.35K
Shareholders Equity $258.3M $238.4M $200.7M
YoY Change
Total Liabilities & Shareholders Equity $2.542B $2.214B $1.886B
YoY Change 14.8% 17.41% 10.45%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2018
OPERATING ACTIVITIES
Net Income $6.900M $7.556M $20.93M
YoY Change -8.68% 33.97% 34.16%
Depreciation, Depletion And Amortization $1.390M $1.330M $3.119M
YoY Change 4.51% 11.76% -19.82%
Cash From Operating Activities $11.93M $8.450M $30.64M
YoY Change 41.18% -10.2% 19.61%
INVESTING ACTIVITIES
Capital Expenditures -$890.0K -$1.150M $2.138M
YoY Change -22.61% 576.47% -170.56%
Acquisitions
YoY Change
Other Investing Activities -$121.7M -$26.69M -$106.3M
YoY Change 356.05% -38.84% -11.44%
Cash From Investing Activities -$122.6M -$27.83M -$108.5M
YoY Change 340.57% -36.48% -11.89%
FINANCING ACTIVITIES
Cash Dividend Paid $3.827M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 108.8M 23.40M 73.38M
YoY Change 365.0% -21.84% -30.6%
NET CHANGE
Cash From Operating Activities 11.93M 8.450M 30.64M
Cash From Investing Activities -122.6M -27.83M -108.5M
Cash From Financing Activities 108.8M 23.40M 73.38M
Net Change In Cash -1.870M 4.020M -4.460M
YoY Change -146.52% -190.13% -154.19%
FREE CASH FLOW
Cash From Operating Activities $11.93M $8.450M $30.64M
Capital Expenditures -$890.0K -$1.150M $2.138M
Free Cash Flow $12.82M $9.600M $28.51M
YoY Change 33.54% 0.21% -0.5%

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2.99
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.39
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.60
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.52
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.44
CY2020 us-gaap Net Income Loss
NetIncomeLoss
27545000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
28904000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
20929000
CY2020 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-4095000
CY2019 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-4940000
CY2018 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
3314000
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
244000
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
334000
CY2018 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
-213000
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-6000
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
10000
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
44000
CY2020 smbc Comprehensive Income Tax Expense Benefit
ComprehensiveIncomeTaxExpenseBenefit
901000
CY2019 smbc Comprehensive Income Tax Expense Benefit
ComprehensiveIncomeTaxExpenseBenefit
1094000
CY2018 smbc Comprehensive Income Tax Expense Benefit
ComprehensiveIncomeTaxExpenseBenefit
-1033000
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-3200000
CY2019 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-3592000
CY2019 smbc Stock Option And Stock Grant Expense
StockOptionAndStockGrantExpense
-374000
CY2018 smbc Stock Option And Stock Grant Expense
StockOptionAndStockGrantExpense
-230000
CY2020 smbc Amortization Of Purchase Accounting Adjustments
AmortizationOfPurchaseAccountingAdjustments
1403000
CY2019 smbc Amortization Of Purchase Accounting Adjustments
AmortizationOfPurchaseAccountingAdjustments
2886000
CY2020 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-802000
CY2019 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-267000
CY2018 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
45000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1771000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1672000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1457000
CY2018 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2872000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30745000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32496000
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18057000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
27545000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
28904000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
20929000
CY2020 us-gaap Depreciation
Depreciation
3783000
CY2019 us-gaap Depreciation
Depreciation
3402000
CY2018 us-gaap Depreciation
Depreciation
3119000
CY2020 smbc Gain Loss On Disposal Of Fixed Assets
GainLossOnDisposalOfFixedAssets
-482000
CY2019 smbc Gain Loss On Disposal Of Fixed Assets
GainLossOnDisposalOfFixedAssets
-29000
CY2018 smbc Gain Loss On Disposal Of Fixed Assets
GainLossOnDisposalOfFixedAssets
206000
CY2020 smbc Stock Option And Stock Grant Expense
StockOptionAndStockGrantExpense
-430000
CY2018 smbc Amortization Of Purchase Accounting Adjustments
AmortizationOfPurchaseAccountingAdjustments
1694000
CY2020 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
1022000
CY2019 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
1329000
CY2018 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
947000
CY2020 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6002000
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2032000
CY2018 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3047000
CY2019 smbc Net Realized Gains On Sale Of Available For Sale Securities
NetRealizedGainsOnSaleOfAvailableForSaleSecurities
244000
CY2018 smbc Net Realized Gains On Sale Of Available For Sale Securities
NetRealizedGainsOnSaleOfAvailableForSaleSecurities
334000
CY2020 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1295000
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-846000
CY2018 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-994000
CY2020 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
123000
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
72165000
CY2019 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
30768000
CY2018 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
29749000
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
70929000
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
30633000
CY2018 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
29410000
CY2020 smbc Gain On Sales Of Loans Held For Sale
GainOnSalesOfLoansHeldForSale
-1630000
CY2019 smbc Gain On Sales Of Loans Held For Sale
GainOnSalesOfLoansHeldForSale
-771000
CY2018 smbc Gain On Sales Of Loans Held For Sale
GainOnSalesOfLoansHeldForSale
-804000
CY2020 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1758000
CY2019 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
459000
CY2018 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
797000
CY2020 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
1632000
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
2317000
CY2018 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
1374000
CY2019 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
544000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-272360000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4566000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-56000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-7852000
CY2020 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
1224000
CY2019 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
5973000
CY2018 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-309000
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-26000
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-75000
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1774000
CY2020 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-453000
CY2019 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
795000
CY2018 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
265000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40301000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38601000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30644000
CY2020 us-gaap Increase Decrease In Other Loans
IncreaseDecreaseInOtherLoans
246930000
CY2019 us-gaap Increase Decrease In Other Loans
IncreaseDecreaseInOtherLoans
139056000
CY2018 us-gaap Increase Decrease In Other Loans
IncreaseDecreaseInOtherLoans
99510000
CY2020 us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
-2000
CY2019 us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
983000
CY2018 us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
249000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
51649000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29971000
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
24981000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
40985000
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
18198000
CY2020 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
1072000
CY2019 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-1489000
CY2018 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
1756000
CY2020 us-gaap Payments For Proceeds From Federal Reserve Bank Stock
PaymentsForProceedsFromFederalReserveBankStock
13000
CY2019 us-gaap Payments For Proceeds From Federal Reserve Bank Stock
PaymentsForProceedsFromFederalReserveBankStock
785000
CY2018 us-gaap Payments For Proceeds From Federal Reserve Bank Stock
PaymentsForProceedsFromFederalReserveBankStock
1209000
CY2020 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
55486000
CY2019 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
31207000
CY2018 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
44051000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4304000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7696000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2138000
CY2020 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
4000000
CY2020 smbc Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
9080000
CY2019 smbc Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
8377000
CY2018 smbc Net Cash Paid For Acquisitions
NetCashPaidForAcquisitions
1501000
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5103000
CY2019 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2192000
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5086000
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
349000
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
32000
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1970000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-112992000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-108479000
CY2020 us-gaap Increase Decrease In Demand Deposits
IncreaseDecreaseInDemandDeposits
249285000
CY2019 us-gaap Increase Decrease In Demand Deposits
IncreaseDecreaseInDemandDeposits
40664000
CY2018 us-gaap Increase Decrease In Demand Deposits
IncreaseDecreaseInDemandDeposits
82567000
CY2020 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-4788000
CY2019 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
102551000
CY2018 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-26392000
CY2020 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-4376000
CY2019 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
1109000
CY2018 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-6945000
CY2020 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
640900000
CY2019 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
591500000
CY2018 us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
1518930000
CY2020 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
615897000
CY2019 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
642030000
CY2018 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
1491130000
CY2020 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
3000000
CY2019 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
4400000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
64000
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
172000
CY2020 smbc Purchase Of Treasury Stock
PurchaseOfTreasuryStock
5771000
CY2019 smbc Purchase Of Treasury Stock
PurchaseOfTreasuryStock
1166000
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
5513000
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
4763000
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
3827000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
250904000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
83465000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
73375000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18845000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9074000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4460000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35400000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26326000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30786000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54245000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35400000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26326000
CY2020 smbc Conversion Of Loans To Foreclosed Real Estate
ConversionOfLoansToForeclosedRealEstate
1057000
CY2019 smbc Conversion Of Loans To Foreclosed Real Estate
ConversionOfLoansToForeclosedRealEstate
2134000
CY2018 smbc Conversion Of Loans To Foreclosed Real Estate
ConversionOfLoansToForeclosedRealEstate
1905000
CY2019 smbc Conversion Of Foreclosed Real Estate To Loans
ConversionOfForeclosedRealEstateToLoans
51000
CY2018 smbc Conversion Of Foreclosed Real Estate To Loans
ConversionOfForeclosedRealEstateToLoans
112000
CY2020 smbc Conversion Of Loans To Repossessed Assets
ConversionOfLoansToRepossessedAssets
210000
CY2019 smbc Conversion Of Loans To Repossessed Assets
ConversionOfLoansToRepossessedAssets
66000
CY2018 smbc Conversion Of Loans To Repossessed Assets
ConversionOfLoansToRepossessedAssets
54000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1965000
CY2020 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
70570000
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
216772000
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
90992000
CY2019 smbc Common Stock Issued Expense
CommonStockIssuedExpense
10757000
CY2018 smbc Common Stock Issued Expense
CommonStockIssuedExpense
12955000
CY2020 smbc Cash Paid For Capital Stock
CashPaidForCapitalStock
21942000
CY2019 smbc Cash Paid For Capital Stock
CashPaidForCapitalStock
11271000
CY2018 smbc Cash Paid For Capital Stock
CashPaidForCapitalStock
3860000
CY2020 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
48504000
CY2019 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
194744000
CY2018 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
74177000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
3813000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
4325000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
3021000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
2437000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
2856000
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
1589000
CY2020Q2 us-gaap Assets Of Wholly Owned Real Estate Investment Subsidiaries
AssetsOfWhollyOwnedRealEstateInvestmentSubsidiaries
751000000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Use of Estimates. </i>The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, and estimated fair values of purchased loans.</p>
CY2020Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
6900000
CY2019Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
6900000
CY2020Q2 smbc Deposits Held In Various Commercial Banks Total
DepositsHeldInVariousCommercialBanksTotal
319000
CY2020 us-gaap Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
using the straight line method
CY2020 smbc Core Deposits Intangible Assets Amortization Period
CoreDepositsIntangibleAssetsAmortizationPeriod
five to seven years
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1400000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1400000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1400000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1400000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
807000
CY2020 smbc Foreclosed Real Estate Policytextblock
ForeclosedRealEstatePolicytextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Foreclosed Real Estate. </i>Real estate acquired by foreclosure or by deed in lieu of foreclosure is initially recorded at fair value less estimated selling costs, establishing a new cost basis. Costs for development and improvement of the property are capitalized.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Valuations are periodically performed by management, and an allowance for losses is established by a charge to operations if the carrying value of a property exceeds its estimated fair value, less estimated selling costs.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Loans to facilitate the sale of real estate acquired in foreclosure are discounted if made at less than market rates. Discounts are amortized over the fixed interest period of each loan using the interest method.</p>
CY2020 smbc Gross Core Deposit Intangibles
GrossCoreDepositIntangibles
15300000
CY2020 smbc Gross Core Deposit Intangibles Accumulated Amortization
GrossCoreDepositIntangiblesAccumulatedAmortization
8700000
CY2020 smbc Gross Other Identifiable Intangibles
GrossOtherIdentifiableIntangibles
3800000
CY2020 smbc Gross Other Identifiable Intangibles Accumulated Amortization
GrossOtherIdentifiableIntangiblesAccumulatedAmortization
3800000
CY2020 smbc Fhlb Mortgage Servicing Rights
FhlbMortgageServicingRights
1100000
CY2019Q2 smbc Gross Core Deposit Intangibles
GrossCoreDepositIntangibles
14700000
CY2019Q2 smbc Gross Core Deposit Intangibles Accumulated Amortization
GrossCoreDepositIntangiblesAccumulatedAmortization
6900000
CY2019Q2 smbc Gross Other Identifiable Intangibles
GrossOtherIdentifiableIntangibles
3800000
CY2019Q2 smbc Gross Other Identifiable Intangibles Accumulated Amortization
GrossOtherIdentifiableIntangiblesAccumulatedAmortization
3800000
CY2019Q2 smbc Fhlb Mortgage Servicing Rights
FhlbMortgageServicingRights
1400000
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
328000
CY2020Q2 smbc Fair Value Of Debt Securities Reported Less Than Their Historical Cost
FairValueOfDebtSecuritiesReportedLessThanTheirHistoricalCost
10700000
CY2020Q2 smbc Debt Securities Reported Less Than Their Historical Cost Percent Of Investment Portfolio
DebtSecuritiesReportedLessThanTheirHistoricalCostPercentOfInvestmentPortfolio
0.060
CY2019Q2 smbc Fair Value Of Debt Securities Reported Less Than Their Historical Cost
FairValueOfDebtSecuritiesReportedLessThanTheirHistoricalCost
51800000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
862000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
868000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
9875000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
10089000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
15812000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
16174000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
21856000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
22481000
CY2020Q2 smbc Debt And Equity Securities Amortized Cost
DebtAndEquitySecuritiesAmortizedCost
48405000
CY2020Q2 smbc Debt And Equity Securities Fair Value
DebtAndEquitySecuritiesFairValue
49612000
CY2020Q2 smbc Mortgage Backed Securities Gse Residential Amortized Cost
MortgageBackedSecuritiesGSEResidentialAmortizedCost
122375000
CY2020Q2 smbc Mortgage Backed Securities Gse Residential Fair Value
MortgageBackedSecuritiesGSEResidentialFairValue
126912000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
170780000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
176524000
CY2020Q2 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
156100000
CY2019Q2 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
143700000
CY2019 smbc Gain Recognized From Sales Of Available For Sale Securities
GainRecognizedFromSalesOfAvailableForSaleSecurities
265450000
CY2019 smbc Loss Recognized From Sales Of Available For Sale Securities
LossRecognizedFromSalesOfAvailableForSaleSecurities
21576000
CY2019Q2 smbc Debt Securities Reported Less Than Their Historical Cost Percent Of Investment Portfolio
DebtSecuritiesReportedLessThanTheirHistoricalCostPercentOfInvestmentPortfolio
0.313
CY2020Q2 smbc Number Of Pooled Trust Preferred Securities
NumberOfPooledTrustPreferredSecurities
2
CY2020Q2 smbc Fair Value Of Pooled Trust Preferred Securities Held
FairValueOfPooledTrustPreferredSecuritiesHeld
643000
CY2020Q2 smbc Unrealized Losses On Pooled Trust Preferred Securities In A Continuous Unrealized Loss Position For12 Months Or More
UnrealizedLossesOnPooledTrustPreferredSecuritiesInAContinuousUnrealizedLossPositionFor12MonthsOrMore
333000
CY2020 smbc Weighted Average Prepayments Percentage
WeightedAveragePrepaymentsPercentage
0.016
CY2020 smbc Average Recovery Rate Of Defaults
AverageRecoveryRateOfDefaults
10
CY2020 smbc Construction Lending Policytextblock
ConstructionLendingPolicytextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Construction Lending. </i>The Company originates real estate loans secured by property or land that is under construction or development. Construction loans originated by the Company are generally secured by mortgage loans for the construction of owner occupied residential real estate or to finance speculative construction secured by residential real estate, land development, or owner-operated or non-owner occupied commercial real estate. During construction, these loans typically require monthly interest-only payments, with single-family residential construction loans having maturities ranging from six to twelve months, while multifamily or commercial construction loans typically mature in 12 to 24 months. Once construction is completed, permanent construction loans may be converted to monthly payments using amortization schedules of up to 30 years on residential and generally up to 25 years on commercial real estate.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">While the Company typically utilizes relatively short maturity periods to closely monitor the inherent risks associated with construction loans for these loans, weather conditions, change orders, availability of materials and/or labor, and other factors may contribute to the lengthening of a project, thus necessitating the need to renew the construction loan at the balloon maturity. Such extensions are typically executed in incremental three month periods to facilitate project completion. The Company’s average term of construction loans is approximately eight months. During construction, loans typically require monthly interest only payments which may allow the Company an opportunity to monitor for early signs of financial difficulty should the borrower fail to make a required monthly payment. Additionally, during the construction phase, the Company typically performs interim inspections which further allow the Company opportunity to assess risk. At June 30, 2020, construction loans outstanding included 77 loans, totaling $48.8 million, for which a modification had been agreed to. At June 30, 2019, construction loans outstanding included 59 loans, totaling $27.2 million, for which a modification had been agreed to. In general, these modifications were solely for the purpose of extending the maturity date due to conditions described above. As these modifications were not executed due to financial difficulty on the part of the borrower, they were not accounted for as TDRs. Under the CARES Act, financial institutions have the option to temporarily suspend certain requirements under U.S. GAAP related to TDRs for a limited period of time to account for the effects of COVID-19. Loans with such modifications in effect at June 30, 2020, included drawn balances of $4.7 million in construction loans which were modified at the borrower’s request due to the current situation of heightened economic uncertainty triggered by the pandemic.</p>
CY2020Q2 smbc Number Of Loans Modified For Other Than Tdr
NumberOfLoansModifiedForOtherThanTdr
77
CY2020Q2 smbc Amount Of Loans Modified For Other Than Tdr
AmountOfLoansModifiedForOtherThanTdr
48800000
CY2019Q2 smbc Number Of Loans Modified For Other Than Tdr
NumberOfLoansModifiedForOtherThanTdr
59
CY2019Q2 smbc Amount Of Loans Modified For Other Than Tdr
AmountOfLoansModifiedForOtherThanTdr
27200000
CY2020 smbc Consumer Lending Policytextblock
ConsumerLendingPolicytextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><i style="font-style:italic;">Consumer Lending</i>. The Company offers a variety of secured consumer loans, including home equity, direct and indirect automobile loans, second mortgages, mobile home loans and loans secured by deposits. The Company originates substantially all of its consumer loans in its primary lending area. Usually, consumer loans are originated with fixed rates for terms of up to </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">approximately five years, with the exception of home equity lines of credit, which are variable, tied to the prime rate of interest and are for a period of ten years.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Home equity lines of credit (HELOCs) are secured with a deed of trust and are issued up to 100% of the appraised or assessed value of the property securing the line of credit, less the outstanding balance on the first mortgage and are typically issued for a term of ten years. Interest rates on the HELOCs are generally adjustable. Interest rates are based upon the loan-to-value ratio of the property with better rates given to borrowers with more equity.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Automobile loans originated by the Company include both direct loans and a smaller amount of loans originated by auto dealers. The Company generally pays a negotiated fee back to the dealer for indirect loans. Typically, automobile loans are made for terms of up to 66 months for new and used vehicles. Loans secured by automobiles have fixed rates and are generally made in amounts up to 100% of the purchase price of the vehicle.</p>
CY2020 smbc Commercial Business Lending Policytextblock
CommercialBusinessLendingPolicytextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Commercial Business Lending</i>. The Company’s commercial business lending activities encompass loans with a variety of purposes and security, including loans to finance accounts receivable, inventory, equipment and operating lines of credit, including agricultural production and equipment loans. The Company offers both fixed and adjustable rate commercial business loans. Generally, commercial loans secured by fixed assets are amortized over periods up to five years, while commercial operating lines of credit or agricultural production lines are generally for a one year period.</p>
CY2020 us-gaap Financing Receivable Credit Quality Additional Information
FinancingReceivableCreditQualityAdditionalInformation
lending relationships of $3 million or more, exclusive of any consumer or owner-occupied residential loan, are subject to an annual credit analysis which is prepared by the loan administration department and presented to a loan committee with appropriate lending authority. A sample of lending relationships in excess of $1 million (exclusive of single-family residential real estate loans) are subject to an independent loan review annually, in order to verify risk ratings.
CY2019 smbc Number Of Purchased Credit Impaired Loans
NumberOfPurchasedCreditImpairedLoans
1
CY2020 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
236000
CY2019 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
1300000
CY2018 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
683000
CY2020 smbc Performingloansclassifiedastroubleddebtrestructuringloanstextbloc
Performingloansclassifiedastroubleddebtrestructuringloanstextbloc
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.16%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:7.08%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.15%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:7.63%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;font-style:italic;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td colspan="4" style="vertical-align:bottom;white-space:nowrap;width:20.28%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">June 30, 2020</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="4" style="vertical-align:bottom;white-space:nowrap;width:20.83%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">June 30, 2019</p></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;font-style:italic;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Number of</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:8.25%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Recorded</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Number of</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:8.79%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Recorded</p></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><i style="font-style:italic;">(dollars in thousands)</i></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">modifications</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:8.25%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Investment</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">modifications</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:8.79%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">Investment</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Residential real estate</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">3</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.16%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 791</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">10</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.15%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 1,130</p></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Construction real estate</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.16%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.15%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> —</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Commercial real estate</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">10</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.16%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 4,544</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">20</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.15%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 6,529</p></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Consumer loans</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.16%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"> —</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.15%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> —</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Commercial loans</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">7</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.16%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.08%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 3,245</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">10</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.15%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:7.63%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 5,630</p></td></tr><tr><td style="vertical-align:bottom;width:55.17%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 6pt;">Total</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">20</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.16%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.08%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 8,580</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.18%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">40</p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.85%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.15%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:7.63%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 13,289</p></td></tr></table>
CY2020Q2 us-gaap Foreclosed Assets
ForeclosedAssets
563000
CY2019Q2 us-gaap Foreclosed Assets
ForeclosedAssets
752000
CY2019Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
9132000
CY2018Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
8995000
CY2020 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
5179000
CY2019 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
7238000
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
5708000
CY2019 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
7134000
CY2019 smbc Change In Related Party
ChangeInRelatedParty
33000
CY2020Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
8603000
CY2019Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
9132000
CY2020Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
56039000
CY2019Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
54304000
CY2020Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
435000
CY2019Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
466000
CY2020Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
18109000
CY2019Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
16514000
CY2020Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
120000
CY2019Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
220000
CY2018Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
589000
CY2017Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
609000
CY2020 smbc Certain Loans Acquired In Transfer Accretable Yield Additions
CertainLoansAcquiredInTransferAccretableYieldAdditions
0
CY2019 smbc Certain Loans Acquired In Transfer Accretable Yield Additions
CertainLoansAcquiredInTransferAccretableYieldAdditions
102000
CY2018 smbc Certain Loans Acquired In Transfer Accretable Yield Additions
CertainLoansAcquiredInTransferAccretableYieldAdditions
0
CY2020 smbc Certain Loans Acquired In Transfer Accretable Yield Accretion
CertainLoansAcquiredInTransferAccretableYieldAccretion
-236000
CY2019 smbc Certain Loans Acquired In Transfer Accretable Yield Accretion
CertainLoansAcquiredInTransferAccretableYieldAccretion
-1342000
CY2018 smbc Certain Loans Acquired In Transfer Accretable Yield Accretion
CertainLoansAcquiredInTransferAccretableYieldAccretion
-683000
CY2020 smbc Certain Loans Acquired In Transfer Accretable Yield Reclassification From Nonaccretable Difference
CertainLoansAcquiredInTransferAccretableYieldReclassificationFromNonaccretableDifference
256000
CY2019 smbc Certain Loans Acquired In Transfer Accretable Yield Reclassification From Nonaccretable Difference
CertainLoansAcquiredInTransferAccretableYieldReclassificationFromNonaccretableDifference
1075000
CY2018 smbc Certain Loans Acquired In Transfer Accretable Yield Reclassification From Nonaccretable Difference
CertainLoansAcquiredInTransferAccretableYieldReclassificationFromNonaccretableDifference
663000
CY2020 smbc Certain Loans Acquired In Transfer Accretable Yield Disposals
CertainLoansAcquiredInTransferAccretableYieldDisposals
0
CY2019 smbc Certain Loans Acquired In Transfer Accretable Yield Disposals
CertainLoansAcquiredInTransferAccretableYieldDisposals
-204000
CY2018 smbc Certain Loans Acquired In Transfer Accretable Yield Disposals
CertainLoansAcquiredInTransferAccretableYieldDisposals
0
CY2020Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
240000
CY2019Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
220000
CY2018Q2 us-gaap Certain Loans Acquired In Transfer Accretable Yield
CertainLoansAcquiredInTransferAccretableYield
589000
CY2020Q2 us-gaap Land
Land
12585000
CY2019Q2 us-gaap Land
Land
12414000
CY2019Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
107000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1965000
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
89253000
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
83805000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24147000
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21078000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65106000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
62727000
CY2020Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
5
CY2020Q2 smbc Initial Leases And Lease Modifications And Renewals
InitialLeasesAndLeaseModificationsAndRenewals
437000
CY2020Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1600000
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2019Q2 smbc Certificate Of Deposits
CertificateOfDeposits
679259000
CY2020Q2 us-gaap Deposits
Deposits
2184847000
CY2019Q2 us-gaap Deposits
Deposits
1893695000
CY2020Q2 smbc Aggregate Amount Of Deposits With A Minimum Denomination Of250000
AggregateAmountOfDepositsWithAMinimumDenominationOf250000
611400000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
214000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
213000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
269000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
243000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
243000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
243000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
243000
CY2020Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2181000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
3422000
CY2020Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
316048000
CY2019Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
218889000
CY2020Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
781937000
CY2019Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
639219000
CY2020Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
231162000
CY2019Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
188355000
CY2020Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
181229000
CY2019Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
167973000
CY2020Q2 smbc Total Non Maturity Deposits
TotalNonMaturityDeposits
1510376000
CY2019Q2 smbc Total Non Maturity Deposits
TotalNonMaturityDeposits
1214436000
CY2020Q2 smbc Certificate Of Deposits
CertificateOfDeposits
674471000
CY2019Q2 smbc Aggregate Amount Of Deposits With A Minimum Denomination Of250000
AggregateAmountOfDepositsWithAMinimumDenominationOf250000
519300000
CY2020Q2 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
499419000
CY2020Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
99591000
CY2020Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
26015000
CY2020Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
7593000
CY2020Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
41853000
CY2020Q2 us-gaap Time Deposits
TimeDeposits
674471000
CY2020Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
23300000
CY2019Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
44900000
CY2020 smbc Deposits Held For Affiliates
DepositsHeldForAffiliates
4200000
CY2019 smbc Deposits Held For Affiliates
DepositsHeldForAffiliates
3800000
CY2020Q2 us-gaap Carrying Value Of Securities Sold Under Repurchase Agreements And Deposits Received For Securities Loaned
CarryingValueOfSecuritiesSoldUnderRepurchaseAgreementsAndDepositsReceivedForSecuritiesLoaned
0
CY2019Q2 us-gaap Carrying Value Of Securities Sold Under Repurchase Agreements And Deposits Received For Securities Loaned
CarryingValueOfSecuritiesSoldUnderRepurchaseAgreementsAndDepositsReceivedForSecuritiesLoaned
4400000
CY2020 smbc Securities Sold Under Agreements To Repurchase Year End Balance
SecuritiesSoldUnderAgreementsToRepurchaseYearEndBalance
0
CY2019 smbc Securities Sold Under Agreements To Repurchase Year End Balance
SecuritiesSoldUnderAgreementsToRepurchaseYearEndBalance
4376000
CY2020 smbc Securities Sold Under Agreements To Repurchase Average Balance During Year
SecuritiesSoldUnderAgreementsToRepurchaseAverageBalanceDuringYear
82000
CY2019 smbc Securities Sold Under Agreements To Repurchase Average Balance During Year
SecuritiesSoldUnderAgreementsToRepurchaseAverageBalanceDuringYear
3988000
CY2020 smbc Securities Sold Under Agreements To Repurchase Maximum Month End Balance During Year
SecuritiesSoldUnderAgreementsToRepurchaseMaximumMonthEndBalanceDuringYear
0
CY2019 smbc Securities Sold Under Agreements To Repurchase Maximum Month End Balance During Year
SecuritiesSoldUnderAgreementsToRepurchaseMaximumMonthEndBalanceDuringYear
4703000
CY2020 smbc Securities Sold Under Agreements To Repurchase Average Interest Rate During Year
SecuritiesSoldUnderAgreementsToRepurchaseAverageInterestRateDuringYear
0.0003
CY2019 smbc Securities Sold Under Agreements To Repurchase Average Interest Rate During Year
SecuritiesSoldUnderAgreementsToRepurchaseAverageInterestRateDuringYear
0.0090
CY2020 smbc Securities Sold Under Agreements To Repurchase Year End Interest Rate
SecuritiesSoldUnderAgreementsToRepurchaseYearEndInterestRate
0.0000
CY2019 smbc Securities Sold Under Agreements To Repurchase Year End Interest Rate
SecuritiesSoldUnderAgreementsToRepurchaseYearEndInterestRate
0.0093
CY2020Q2 us-gaap Federal Home Loan Bank Advances
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CY2020Q2 us-gaap Federal Home Loan Bank Advances
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CY2020 smbc Equity Incentive Plan Description
EquityIncentivePlanDescription
The Company adopted an Equity Incentive Plan (the EIP) in 2008, reserving for award 132,000 shares (split-adjusted). EIP shares were available for award to directors, officers, and employees of the Company and its affiliates by a committee of outside directors.
CY2020Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2020 smbc Stock Option Plan Description
StockOptionPlanDescription
The Company adopted a stock option plan in October 2003 (the 2003 Plan). Under the plan, the Company granted options to purchase 242,000 shares (split-adjusted) to employees and directors, of which, options to purchase 187,000 shares (split-adjusted) have been exercised, options to purchase 45,000 shares (split-adjusted) have been forfeited, and 10,000 remain outstanding. Under the 2003 Plan, exercised options may be issued from either authorized but unissued shares, or treasury shares. At the 2017 annual meeting, shareholders approved the 2017 Omnibus Incentive Plan, which provided that no further awards would be made under the 2003 Plan.
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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10000
CY2020 smbc N2017 Omnibus Incentive Plan Description
N2017OmnibusIncentivePlanDescription
The Company adopted an equity-based incentive plan in October 2017 (the 2017 Plan). Under the 2017 plan, the Company reserved for issuance 500,000 shares of common stock for awards to employees and directors, against which full value awards (stock-based awards other than stock options and stock appreciation rights) are to be counted on a 2.5-for-1 basis. The 2017 Plan authorized awards to be made to employees, officers, and directors by a committee of outside directors. The committee held the power to set vesting requirements for each award under the 2017 Plan. Under the 2017 Plan, stock awards and shares issued pursuant to exercised options may be issued from either authorized but unissued shares, or treasury shares.
CY2020 smbc Fair Value Assumptions Expected Dividend Yield
FairValueAssumptionsExpectedDividendYield
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FairValueAssumptionsExpectedDividendYield
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FairValueAssumptionsExpectedDividendYield
0.0118
CY2020 smbc Fair Value Assumptions Expected Volatility Rate1
FairValueAssumptionsExpectedVolatilityRate1
0.2255
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FairValueAssumptionsExpectedVolatilityRate1
0.2039
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FairValueAssumptionsExpectedVolatilityRate1
0.2042
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FairValueAssumptionsRiskFreeInterestRate1
0.0155
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FairValueAssumptionsRiskFreeInterestRate1
0.0267
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FairValueAssumptionsRiskFreeInterestRate1
0.0254
CY2020 smbc Fair Value Assumptions Weighted Average Expected Life Years
FairValueAssumptionsWeightedAverageExpectedLifeYears
P10Y
CY2019 smbc Fair Value Assumptions Weighted Average Expected Life Years
FairValueAssumptionsWeightedAverageExpectedLifeYears
P10Y
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FairValueAssumptionsWeightedAverageExpectedLifeYears
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CY2020Q2 smbc Fair Value Assumptions Weighted Average Fair Value Of Options Granted During The Year
FairValueAssumptionsWeightedAverageFairValueOfOptionsGrantedDuringTheYear
8.81
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FairValueAssumptionsWeightedAverageFairValueOfOptionsGrantedDuringTheYear
8.78
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10.14
CY2020 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
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CY2020Q2 smbc Deferred Tax Assets Provision For Losses On Loans
DeferredTaxAssetsProvisionForLossesOnLoans
5802000
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DeferredTaxAssetsProvisionForLossesOnLoans
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DeferredTaxAssetsAccruedCompensationAndBenefits
825000
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DeferredTaxAssetsAccruedCompensationAndBenefits
692000
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149000
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199000
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130000
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130000
CY2020Q2 smbc Deferred Tax Assets Unrealized Loss On Other Real Estate
DeferredTaxAssetsUnrealizedLossOnOtherRealEstate
257000
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DeferredTaxAssetsUnrealizedLossOnOtherRealEstate
134000
CY2019Q2 smbc Deferred Tax Assets Purchase Accounting Adjustments
DeferredTaxAssetsPurchaseAccountingAdjustments
255000
CY2019 smbc Deferred Tax Assets Losses And Credits From Llc S
DeferredTaxAssetsLossesAndCreditsFromLlcS
1206000
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26000
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DeferredTaxAssetsGross
7189000
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DeferredTaxAssetsGross
7218000
CY2020Q2 smbc Deferred Tax Liabilities Purchase Accounting Adjustments
DeferredTaxLiabilitiesPurchaseAccountingAdjustments
64000
CY2020Q2 smbc Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
1665000
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DeferredTaxLiabilitiesDepreciation
1749000
CY2020Q2 smbc Deferred Tax Liabilities Fhlb Stock Dividends
DeferredTaxLiabilitiesFhlbStockDividends
120000
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120000
CY2020Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
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DeferredTaxLiabilities
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CY2019Q2 us-gaap Deferred Tax Assets Net
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CY2020 smbc Federal Net Operating Loss Carryforwards
FederalNetOperatingLossCarryforwards
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StateNetOperatingLossCarryforwards
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8074000
CY2020 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
63000
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OtherTaxExpenseBenefit
-41000
CY2018 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2020 smbc Income Tax Expense Actual
IncomeTaxExpenseActual
6887000
CY2019 smbc Income Tax Expense Actual
IncomeTaxExpenseActual
7047000
CY2018 smbc Income Tax Expense Actual
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7803000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.281
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.281
CY2020 smbc Other Comprehensive Income Unrealized Gain Loss Securities Available For Sale Net
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5744000
CY2019 smbc Other Comprehensive Income Unrealized Gain Loss Securities Available For Sale Net
OtherComprehensiveIncomeUnrealizedGainLossSecuritiesAvailableForSaleNet
1655000
CY2020 smbc Net Unrealized Gain Loss On Securities Available For Sale For Which Portion Of Other Than Temporary Impairment Has Been Recognized In Income
NetUnrealizedGainLossOnSecuritiesAvailableForSaleForWhichPortionOfOtherThanTemporaryImpairmentHasBeenRecognizedInIncome
-1000
CY2019 smbc Net Unrealized Gain Loss On Securities Available For Sale For Which Portion Of Other Than Temporary Impairment Has Been Recognized In Income
NetUnrealizedGainLossOnSecuritiesAvailableForSaleForWhichPortionOfOtherThanTemporaryImpairmentHasBeenRecognizedInIncome
-1000
CY2020 smbc Other Comprehensive Income Defined Benefit Pension Plan Unrealized Gain
OtherComprehensiveIncomeDefinedBenefitPensionPlanUnrealizedGain
-32000
CY2019 smbc Other Comprehensive Income Defined Benefit Pension Plan Unrealized Gain
OtherComprehensiveIncomeDefinedBenefitPensionPlanUnrealizedGain
-39000
CY2020 smbc Accumulated Other Comprehensive Income Loss Gross
AccumulatedOtherComprehensiveIncomeLossGross
5711000
CY2019 smbc Accumulated Other Comprehensive Income Loss Gross
AccumulatedOtherComprehensiveIncomeLossGross
1615000
CY2020 smbc Accumulated Other Comprehensive Income Loss Tax Effect
AccumulatedOtherComprehensiveIncomeLossTaxEffect
-1264000
CY2019 smbc Accumulated Other Comprehensive Income Loss Tax Effect
AccumulatedOtherComprehensiveIncomeLossTaxEffect
-368000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4447000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1247000
CY2020 smbc Stockholders Equity And Regulatory Capital Policy1textblock
StockholdersEquityAndRegulatoryCapitalPolicy1textblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company and Bank are subject to various regulatory capital requirements administered by the Federal banking agencies. Failure to meet minimum capital requirements can result in certain mandatory—and possibly additional discretionary – actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of the Company and the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under U.S. GAAP, regulatory reporting requirements and regulatory capital standards. The Company and Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Furthermore, the Company and Bank’s regulators could require adjustments to regulatory capital not reflected in the condensed consolidated financial statements.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Quantitative measures established by regulatory capital standards to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total capital, Tier 1 capital (as defined), and common equity Tier 1 capital (as defined) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average total assets (as defined). Management believes, as of June 30, 2020 and 2019, that the Company and the Bank met all capital adequacy requirements to which they are subject.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">In July 2013, the Federal banking agencies announced their approval of the final rule to implement the Basel III regulatory reforms, among other changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The approved rule included a new minimum ratio of common equity Tier 1 (CET1) capital of 4.5%, raised the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0% to 6.0%, and included a minimum leverage ratio of 4.0% for all banking institutions. Additionally, the rule created a capital conservation buffer of 2.5% of risk-weighted assets, and prohibited banking organizations from making distributions or discretionary bonus payments during any quarter if its eligible retained income is negative, if the capital conservation buffer is not maintained. This new capital conservation buffer requirement was phased in beginning in January 2016 at 0.625% of risk-weighted assets and increasing each year until being fully implemented in January 2019. The enhanced capital requirements for banking organizations such as the Company and the Bank began January 1, 2015. Other changes included revised risk-weighting of some assets, stricter limitations on mortgage servicing assets and deferred tax assets, and replacement of the ratings-based approach to risk weight securities.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Effective January 1, 2020, depository institutions and depository institution holding companies that have less than $10 billion in total consolidated assets and meet other qualifying criteria, including a tier 1 leverage ratio of greater than 9 percent, are considered qualifying community banking organizations and are eligible to opt into an alternative, simplified regulatory capital framework, which utilizes a newly-defined “Community Bank Leverage Ratio” (CBLR). The CBLR framework is an optional framework that is designed to reduce burden by removing the requirements for calculating and reporting risk-based capital ratios for qualifying community banking organizations that opt into the framework. Qualifying community banking organizations that elect to use the CBLR framework and that maintain a leverage ratio of greater than 9 percent are considered to have satisfied the risk-based and leverage capital requirements in the agencies’ generally applicable capital rule. In April 2020, the federal bank regulatory agencies announced the issuance of two interim final rules, effective immediately, to provide temporary relief to community banking organizations. Under the interim final rules, the CBLR requirement is a minimum of 8% for the remainder of calendar year 2020, 8.5% for calendar year 2021, and 9% thereafter. The Company and the Bank have not made an election to utilize the CBLR framework, but will continue to monitor the available option, and could do so in the future.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">As of June 30, 2020, the most recent notification from the Federal banking agencies categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized the Bank must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Bank’s category.</p>
CY2013Q3 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
4.0
CY2013Q3 us-gaap Banking Regulation Capital Conservation Buffer Capital Conserved Minimum
BankingRegulationCapitalConservationBufferCapitalConservedMinimum
2.5
CY2016Q1 us-gaap Banking Regulation Capital Conservation Buffer Capital Conserved Minimum
BankingRegulationCapitalConservationBufferCapitalConservedMinimum
0.625
CY2020 smbc Banking Regulation Distributions Of Dividends Equity Amount
BankingRegulationDistributionsOfDividendsEquityAmount
11200000
CY2020 smbc Stand By Letters Of Credit1 Textblock
StandByLettersOfCredit1Textblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Standby Letters of Credit</i>. In the normal course of business, the Company issues various financial standby, performance standby, and commercial letters of credit for its customers. As consideration for the letters of credit, the institution charges letter of credit fees based on the face amount of the letters and the creditworthiness of the counterparties. These letters of credit are stand­alone agreements, and are unrelated to any obligation the depositor has to the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">Standby letters of credit are irrevocable conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Financial standby letters of credit are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing and similar transactions. Performance standby letters of credit are issued to guarantee performance of certain customers under non-financial contractual obligations. The credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loans to customers.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The Company had total outstanding standby letters of credit amounting to $3.2 million at June 30, 2020, and $2.6 million at June 30, 2019, with terms ranging from 12 to 24 months. At June 30, 2020, the Company’s deferred revenue under standby letters of credit agreements was nominal.</p>
CY2020Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3200000
CY2019Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2600000
CY2020Q2 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
416200000
CY2019Q2 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
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CY2020 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
94300000
CY2020 smbc Weighted Average Rate Percentage
WeightedAverageRatePercentage
0.0462
CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
27545000
CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
28904000
CY2018 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
20929000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9189876
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9193235
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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8734334
CY2020 smbc Effect Of Dilutive Securities Stock Options Or Awards
EffectOfDilutiveSecuritiesStockOptionsOrAwards
9293
CY2019 smbc Effect Of Dilutive Securities Stock Options Or Awards
EffectOfDilutiveSecuritiesStockOptionsOrAwards
10674
CY2018 smbc Effect Of Dilutive Securities Stock Options Or Awards
EffectOfDilutiveSecuritiesStockOptionsOrAwards
11188
CY2020 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
9199169
CY2019 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
9203909
CY2018 smbc Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
8745522
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.00
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.14
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.40
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.99
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.39
CY2020Q2 smbc Options Outstanding With Exercise Price In Excess Of Market Price
OptionsOutstandingWithExercisePriceInExcessOfMarketPrice
50500
CY2019Q2 smbc Options Outstanding With Exercise Price In Excess Of Market Price
OptionsOutstandingWithExercisePriceInExcessOfMarketPrice
31000
CY2018Q2 smbc Options Outstanding With Exercise Price In Excess Of Market Price
OptionsOutstandingWithExercisePriceInExcessOfMarketPrice
13500
CY2020 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
123000
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
90954000
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
84981000
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
29583000
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
22791000
CY2020 smbc Significant Estimates Policytextblock
SignificantEstimatesPolicytextblock
Accounting principles generally accepted in the United States of America require disclosure of certain significant estimates and current vulnerabilities due to certain concentrations. Estimates related to the allowance for loan losses are described in Note 1
CY2020 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
123000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
27545000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
28904000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
20929000
CY2020 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
5771000
CY2019 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
1166000

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