Bay Banks of Virginia (BAYK) 10-Q 8 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 02, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Trading Symbol	BAYK
Entity Registrant Name	BAY BANKS OF VIRGINIA INC
Entity Central Index Key	0001034594
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		13,314,850

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks		$ 7,404	$ 7,685	[1]
Interest-earning deposits		23,091	18,981	[1]
Certificates of deposit		3,746	3,746	[1]
Federal funds sold		182	625	[1]
Available-for-sale securities, at fair value		82,030	82,232	[1]
Restricted securities		7,804	7,600	[1]
Loans receivable, net of allowance for loan losses of $7,858 and $7,902, respectively		910,762	894,191	[1]
Loans held for sale	[1]		368
Premises and equipment, net		21,822	18,169	[1]
Accrued interest receivable		3,274	3,172	[1]
Other real estate owned, net		3,718	3,597	[1]
Bank owned life insurance		19,390	19,270	[1]
Goodwill		10,374	10,374	[1]
Mortgage servicing rights		923	977	[1]
Deferred tax asset, net		1,295	1,510	[1]
Other assets		6,012	5,927	[1]
Total assets		1,103,840	1,080,617	[1]
LIABILITIES
Noninterest-bearing demand deposits		112,315	114,122	[1]
Savings and interest-bearing demand deposits		371,587	359,400	[1]
Time deposits		372,751	368,670	[1]
Total deposits		856,653	842,192	[1]
Securities sold under repurchase agreements		7,220	6,089	[1]
Federal Home Loan Bank advances		100,000	100,000	[1]
Subordinated notes, net of issuance costs		6,897	6,893	[1]
Other liabilities		13,133	7,967	[1]
Total liabilities		983,903	963,141	[1]
SHAREHOLDERS’ EQUITY
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 13,238,716 and 13,201,682 shares, respectively)	[2]	66,568	66,008	[1]
Additional paid-in capital		36,493	36,972	[1]
Unearned employee stock ownership plan shares		(1,697)	(1,734)	[1]
Retained earnings		19,094	17,557	[1]
Accumulated other comprehensive loss, net		(521)	(1,327)	[1]
Total shareholders’ equity		119,937	117,476	[1]
Total liabilities and shareholders’ equity		1,103,840	1,080,617	[1]
Core Deposits
ASSETS
Intangible		$ 2,013	$ 2,193	[1]
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.
[2]	Preferred stock is authorized; however, none was outstanding as of March 31, 2019 and December 31, 2018.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Loans, allowance for loan losses	$ 7,858	$ 7,902	[1]
Common stock, par value	$ 5	$ 5	[1]
Common stock, authorized shares	30,000,000	30,000,000	[1]
Common stock, outstanding shares	13,313,537	13,201,682	[1]
Preferred stock, outstanding shares	0	0
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
INTEREST INCOME
Loans, including fees	$ 11,461	$ 9,984
Securities:
Taxable	595	397
Tax-exempt	118	120
Federal funds sold	56	74
Interest-bearing deposit accounts	86	98
Certificates of deposit	20	19
Total interest income	12,336	10,692
INTEREST EXPENSE
Deposits	2,809	1,604
Securities sold under repurchase agreements	3	3
Subordinated notes	137	128
Federal Home Loan Bank advances	704	313
Total interest expense	3,653	2,048
Net interest income	8,683	8,644
Provision for loan losses	314	320
Net interest income after provision for loan losses	8,369	8,324
NONINTEREST INCOME
Secondary market sales and servicing	71	133
Increase in cash surrender value of bank owned life insurance	120	127
Net (loss) on disposition of other assets	(1)	(69)
Gain on rabbi trust assets	90	52
Gain on curtailment of post-retirement benefit plan		352
Other	22	39
Total noninterest income	1,090	1,170
NONINTEREST EXPENSE
Salaries and employee benefits	4,001	4,106
Occupancy	868	785
Data processing	588	472
Bank franchise tax	216	176
Telecommunications and other technology	207	195
FDIC assessments	216	183
Foreclosed property	43	12
Consulting	115	382
Advertising and marketing	67	68
Directors’ fees	164	168
Audit and accounting	204	363
Legal	83	133
Merger-related		363
Core deposit intangible amortization	180	211
Net other real estate owned (gains)	(6)	(141)
Other	684	644
Total noninterest expense	7,630	8,120
Income before income taxes	1,829	1,374
Income tax expense	337	250
Net income	$ 1,492	$ 1,124
Basic and diluted earnings per share	$ 0.11	$ 0.09
Income from Fiduciary Activities
NONINTEREST INCOME
Non-Interest Income	$ 214	$ 247
Service Charges and Fees on Deposit Accounts
NONINTEREST INCOME
Non-Interest Income	238	135
Wealth Management
NONINTEREST INCOME
Non-Interest Income	206	132
Interchange Fees, Net
NONINTEREST INCOME
Non-Interest Income	101	(8)
Other Service Charges and Fees
NONINTEREST INCOME
Non-Interest Income	$ 29	$ 30

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 1,492	$ 1,124
Other comprehensive income (loss):
Unrealized holding gain (loss) on available-for-sale securities arising during the period	1,020	(1,192)
Deferred tax (expense) benefit	(214)	248
Total other comprehensive income (loss)	806	(944)
Comprehensive income	$ 2,298	$ 180

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total		Common Stock	Additional Paid-in Capital	Unearned Employee Stock Ownership Plan Shares	Retained Earnings	Accumulated Other Comprehensive Loss, net
Balance at beginning of period at Dec. 31, 2017	$ 114,554		$ 66,018	$ 37,142	$ (1,129)	$ 13,679	$ (1,156)
Balance at beginning of period, Shares at Dec. 31, 2017			13,203,605
Net income	1,124					1,124
Other comprehensive income (loss)	(944)						(944)
Stock options exercised, net	113		$ 97	16
Stock options exercised, net, Shares			19,491
ESOP collateral release	41				41
Share-based compensation expense	31			31
Balance at end of period at Mar. 31, 2018	114,919		$ 66,115	37,189	(1,088)	14,803	(2,100)
Balance at end of period, Shares at Mar. 31, 2018			13,223,096
Balance at beginning of period at Dec. 31, 2018	$ 117,476	[1]	$ 66,008	36,972	(1,734)	17,557	(1,327)
Balance at beginning of period, Shares at Dec. 31, 2018	13,201,682	[1]	13,201,682
Net income	$ 1,492					1,492
Other comprehensive income (loss)	806						806
Stock options exercised, net	9		$ 26	(17)
Stock options exercised, net, Shares			5,173
Director stock grant	6		$ 4	2
Director stock grant, Shares			762
Restricted stock awards			$ 530	(530)
Restricted stock awards,shares			105,920
ESOP collateral release	37				37
Share-based compensation expense	66			66
Cumulative effect adjustment of adoption of accounting principle	45					45
Balance at end of period at Mar. 31, 2019	$ 119,937		$ 66,568	$ 36,493	$ (1,697)	$ 19,094	$ (521)
Balance at end of period, Shares at Mar. 31, 2019	13,313,537		13,313,537
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash Flows From Operating Activities
Net income	$ 1,492	$ 1,124
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	446	382
Net premium amortization on available-for-sale securities	118	111
Amortization of subordinated notes issuance costs	4	4
Amortization of core deposit intangible	180	211
Accretion of fair value adjustment on acquired time deposits	(34)	(68)
Accretion of fair value adjustments (discounts) on acquired loans	(439)	(503)
Provision for loan losses	314	320
Share-based compensation expense	66	31
Increase in other real estate owned valuation allowance	16	78
Gain on sale of other real estate owned	(22)	(219)
Net loss on the disposition of fixed and other assets	1	69
Decrease in value of mortgage servicing rights	54	69
Originations of loans held for sale (HFS)	(2,344)	(7,189)
Proceeds from HFS loan sales	2,773	8,544
Gain on HFS sold loans	(61)	(118)
Increase in cash surrender value of bank owned life insurance	(120)	(127)
Gain on curtailment of post-retirement benefit plan		(352)
(Increase) decrease in other assets and accrued interest receivable	(4,099)	787
Increase in other liabilities	5,110	1,986
Net cash provided by operating activities	3,455	5,140
Cash Flows From Investing Activities
Proceeds from maturities and principal paydowns of available-for-sale securities	1,098	816
Purchases of available-for-sale securities		(400)
(Purchases) sales of restricted securities, net	(204)	277
Decrease in federal funds sold	443	3,603
Net increase in loans	(16,583)	(24,103)
Proceeds from sale of other real estate owned	22	1,879
Net disposals (purchases) of premises and equipment	27	(580)
Net cash used in investing activities	(15,197)	(18,508)
Cash Flows From Financing Activities
Increase in demand, savings, and other interest-bearing demand deposits	10,380	20,931
Net increase in time deposits	4,115	14,242
Stock options exercised, net	9	113
Net increase (decrease) in securities sold under repurchase agreements and other borrowings	1,061	(2,947)
Director stock grant	6
(Decrease) in Federal Home Loan Bank advances		(10,000)
Net cash provided by financing activities	15,571	22,339
Net increase in cash and due from banks	3,829	8,971
Cash and cash equivalents (including interest-earning deposits) at beginning of period	26,666	51,367
Cash and cash equivalents (including interest-earning deposits) at end of period	30,495	60,338
Cash paid for:
Interest	3,587	2,166
Non-cash investing and financing activities:
Unrealized gain (loss) on available-for-sale securities	1,020	(1,192)
Loans transferred to other real estate owned	137	47
Changes in deferred taxes resulting from other comprehensive income transactions	(214)	248
Cumulative effect adjustment of adoption of accounting principle	(45)
Employee stock ownership plan transactions	$ (37)	$ (41)

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Note 1: Basis of Presentation Bay Banks of Virginia, Inc. (the “Company”) is the holding company for Virginia Commonwealth Bank (the “Bank”), for VCB Financial Group, Inc. (the “Financial Group” or “VCBFG”), and for Steptoes Holdings, LLC (“Steptoes Holdings”). The consolidated financial statements of the Company include the accounts of Bay Banks of Virginia, Inc., the Bank, the Financial Group, and Steptoes Holdings. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and to the general practices within the banking industry. In management’s opinion, all adjustments, consisting only of normal recurring adjustments necessary for a fair presentation of the consolidated financial statements, have been included. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year or for any other interim periods. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to current year presentations. The reclassifications had no effect on net income, net income per share, or shareholders’ equity as previously reported. All dollar amounts included in the tables in these notes are in thousands, except per share data, unless otherwise stated.

Amendments to the Accounting St

Amendments to the Accounting Standards Codification	3 Months Ended
	Mar. 31, 2019
Accounting Changes And Error Corrections [Abstract]
Amendments to the Accounting Standards Codification	Note 2: Amendments to the Accounting Standards Codification In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Accounting Standards Codification (“ASC”) 326), In February 2016, the FASB issued ASU 2016-02, Leases (ASC 842) The adoption of ASU 2016-02 resulted in the recognition of operating Right-of-Use (ROU) assets and operating lease liabilities of $3.5 million and $3.8 million, respectively, primarily related to real estate leases for branches and office space and information technology related equipment. The Company does not have any finance leases as stipulated in ASC 842. A cumulative effect adjustment of $45 thousand was recorded upon adoption of ASU 2016-02, which is reflected in the Company’s statement of shareholders’ equity. Refer to Note 7 for additional information and disclosures regarding ASU 2016-02.

Securities

Securities	3 Months Ended
	Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]
Securities	Note 3: Securities The aggregate amortized costs and fair values of available-for-sale securities as of the dates stated were as follows. Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 Cost Gains (Losses) Value U.S. Government agencies and mortgage backed securities $ 49,965 $ 74 $ (735 ) $ 49,304 State and municipal obligations 20,437 192 (98 ) 20,531 Corporate bonds 12,187 46 (38 ) 12,195 Total available-for-sale securities $ 82,589 $ 312 $ (871 ) $ 82,030 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 Cost Gains (Losses) Value U.S. Government agencies and mortgage backed securities $ 51,126 $ 35 $ (1,279 ) $ 49,882 State and municipal obligations 20,484 60 (327 ) 20,217 Corporate bonds 12,194 23 (84 ) 12,133 Total available-for-sale securities $ 83,804 $ 118 $ (1,690 ) $ 82,232 Securities with fair values of $18.8 million and $17.5 million were pledged as collateral for securities sold under repurchase agreements as of March 31, 2019 and December 31, 2018, respectively. As of March 31, 2019 and December 31, 2018, all of the securities pledged for repurchase agreements were state and municipal obligations. All of the repurchase agreements had remaining contractual maturities that were overnight and continuous. Securities sold under repurchase agreements were $7.2 million and $6.1 million as of March 31, 2019 and December 31, 2018, respectively, and are included in liabilities on the consolidated balance sheets. The securities pledged to each agreement are reviewed daily and can be changed at the option of the Bank with minimal risk of loss due to fair value changes. Securities in an unrealized loss position as of March 31, 2019 and December 31, 2018, by period of the unrealized loss, are shown below. The unrealized loss positions were primarily related to interest rate movements and not the credit quality of the issuers. All agency securities and state and municipal securities are investment grade or better, and their losses are considered temporary. Management does not intend to sell nor expect to be required to sell these securities, and all amortized cost bases are expected to be recovered. The following tables provide information on securities in an unrealized loss position as of the dates stated. Less than 12 months 12 months or more Total March 31, 2019 Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies and mortgage backed securities 50 $ 161 $ (2 ) $ 40,648 $ (733 ) $ 40,809 $ (735 ) State and municipal obligations 26 660 (3 ) 6,772 (95 ) 7,432 (98 ) Corporate bonds 4 4,536 (36 ) 498 (2 ) 5,034 (38 ) Total temporarily impaired securities 80 $ 5,357 $ (41 ) $ 47,918 $ (830 ) $ 53,275 $ (871 ) Less than 12 months 12 months or more Total December 31, 2018 Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies and mortgage backed securities 54 $ 2,911 $ (22 ) $ 43,843 $ (1,257 ) $ 46,754 $ (1,279 ) State and municipal obligations 39 2,723 (27 ) 9,119 (300 ) 11,842 (327 ) Corporate bonds 5 5,742 (84 ) — — 5,742 (84 ) Total temporarily impaired securities 98 $ 11,376 $ (133 ) $ 52,962 $ (1,557 ) $ 64,338 $ (1,690 ) The following table presents the amortized cost and fair value by contractual maturity of available-for-sale securities as of the dates stated. Expected maturities may differ from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2019 December 31, 2018 Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 2,351 $ 2,355 $ 1,080 $ 1,079 Due after one year but less than five years 47,354 47,006 47,065 46,358 Due after five years but less than ten years 25,015 24,956 26,615 26,149 Due after ten years 7,869 7,713 9,044 8,646 Total available-for-sale securities $ 82,589 $ 82,030 $ 83,804 $ 82,232 Restricted Securities The Company’s investment in Federal Home Loan Bank of Atlanta (“FHLB”) stock totaled $5.2 million and $5.1 million as of March 31, 2019 and December 31, 2018, respectively. The Company also has an investment in the Federal Reserve Bank of Richmond (“FRB”) stock, which totaled $2.4 million as of March 31, 2019 and $2.3 million as of December 31, 2018 and a stock investment in the Bank’s primary correspondent bank totaling $220 thousand at March 31, 2019 and December 31, 2018. The investments in both FHLB and FRB stock are required investments related to the Bank’s membership with the FHLB and FRB. These securities do not have a readily determinable fair value as their ownership is restricted, and they lack an active market for trading. Additionally, per charter provisions related to the FHLB and FRB stock, all repurchase transactions of such stock must occur at par. Accordingly, these securities are carried at cost and are periodically evaluated for impairment.

Loans

Loans	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Loans	Note 4: Loans Loans are reported at their recorded investment, which is the outstanding principal balance net of any unearned income and costs, such as deferred fees and costs, charge-offs, and discounts or premiums on acquired or purchased loans. Interest on loans is recognized in earnings over the contractual term of the loan and is calculated using the interest method on principal amounts outstanding. Loan fees and certain direct origination costs are deferred and recognized as an adjustment of the related loan yield over the contractual term of the loan, adjusted for early pay-offs or principal curtailments, as applicable. All interest accrued but not collected for loans that are placed on nonaccrual or charged-off are reversed against interest income at the time the loans are placed in nonaccrual or charged off. Any subsequent interest received on these loans is recognized as interest income under the cash basis method of accounting until qualifying for return to accrual status. Generally, a loan is returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured, or the loan becomes well-secured and in process of collection. The following table presents a summary of loans as of the dates stated. March 31, 2019 December 31, 2018 Mortgage loans on real estate: Construction, land and land development $ 117,502 $ 109,475 Commercial mortgages (non-owner occupied) 180,007 180,074 Commercial mortgages (owner occupied) 88,644 87,241 Residential first mortgages 303,090 298,894 Residential revolving and junior mortgages 36,251 38,313 Commercial and industrial 173,360 164,608 Consumer 20,095 23,740 Total loans 918,949 902,345 Net unamortized deferred loan (fees) (329 ) (252 ) Allowance for loan losses (7,858 ) (7,902 ) Loans receivable, net $ 910,762 $ 894,191 As of March 31, 2019 and December 31, 2018, the Company had $234.3 million and $229.1 million, respectively, of loans pledged to the FHLB as collateral for borrowings. The following tables present the recorded investment for past due, based upon contractual terms, and nonaccrual loans as of the dates stated. A loan past due 90 days or more is generally placed on nonaccrual unless it is both well secured and in the process of collection. Loans presented below as 90 days or more past due and still accruing include purchased credit-impaired (“PCI”) loans. March 31, 2019 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total Loans Mortgage loans on real estate: Construction, land and land development $ 137 $ — $ 914 $ 1,051 $ 116,451 $ 117,502 Commercial mortgages (non-owner occupied) — — 435 435 179,572 180,007 Commercial mortgages (owner occupied) 1,573 23 1,060 2,656 85,988 88,644 Residential first mortgages 2,735 24 1,846 4,605 298,485 303,090 Residential revolving and junior mortgages 179 — 803 982 35,269 36,251 Commercial and industrial — — — — 173,360 173,360 Consumer 310 — 326 636 19,459 20,095 Total loans $ 4,934 $ 47 $ 5,384 $ 10,365 $ 908,584 $ 918,949 December 31, 2018 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total Loans Mortgage loans on real estate: Construction, land and land development $ 552 $ — $ 740 $ 1,292 $ 108,183 $ 109,475 Commercial mortgages (non-owner occupied) 50 — 996 1,046 179,028 180,074 Commercial mortgages (owner occupied) — 56 1,064 1,120 86,121 87,241 Residential first mortgages 1,341 55 1,361 2,757 296,137 298,894 Residential revolving and junior mortgages 115 — 782 897 37,416 38,313 Commercial and industrial — — 48 48 164,560 164,608 Consumer 329 — 215 544 23,196 23,740 Total loans $ 2,387 $ 111 $ 5,206 $ 7,704 $ 894,641 $ 902,345 Approximately $2.2 million of the $4.9 million of loans 30-89 days past due as of March 31, 2019 was attributable to four loans (two relationships) that were brought current in the second quarter of 2019. The following tables include an aging analysis, based upon contractual terms, of the recorded investment of PCI loans as of the dates stated, included in the tables above. March 31, 2019 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total PCI Loans Mortgage loans on real estate: Construction, land and land development $ 23 $ — $ — $ 23 $ 1,348 $ 1,371 Commercial mortgages (non-owner occupied) — — — — 135 135 Commercial mortgages (owner occupied) 26 23 — 49 232 281 Residential first mortgages 257 24 — 281 3,154 3,435 Residential revolving and junior mortgages — — — — — — Commercial and industrial — — — — — — Consumer — — — — 48 48 Total purchased credit-impaired loans $ 306 $ 47 $ — $ 353 $ 4,917 $ 5,270 December 31, 2018 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total PCI Loans Mortgage loans on real estate: Construction, land and land development $ 23 $ — $ — $ 23 $ 1,355 $ 1,378 Commercial mortgages (non-owner occupied) — — — — 142 142 Commercial mortgages (owner occupied) — 56 — 56 237 293 Residential first mortgages 92 55 — 147 3,317 3,464 Residential revolving and junior mortgages — — — — — — Commercial and industrial — — — — — — Consumer — — — — 46 46 Total purchased credit-impaired loans $ 115 $ 111 $ — $ 226 $ 5,097 $ 5,323 The following table presents the changes in accretable yield for PCI loans for the period stated. For the Three Months Ended March 31, 2019 Balance as of December 31, 2018 $ 1,083 Accretion of acquisition accounting adjustment (86 ) Reclassifications from nonaccretable balance, net 45 Other changes, net 65 Balance as of March 31, 2019 $ 1,107 Internal Risk Rating Grades Loans in the Company’s loan portfolio are risk rated on a periodic basis by experienced credit personnel. Risk rating categories are as follows: Pass Watch Special Mention Substandard Doubtful Loss The following tables present the Company’s risk rating of loans by loan type as of the dates stated. March 31, 2019 Construction, Land and Land Development Commercial Mortgages (Non-Owner Occupied) Commercial Mortgages (Owner Occupied) Residential First Mortgages Residential Revolving and Junior Mortgages Commercial and Industrial Consumer Total Loans Grade: Pass $ 108,907 $ 176,780 $ 78,620 $ 285,717 $ 34,218 $ 167,408 $ 6,306 $ 857,956 Watch 6,236 2,657 8,644 14,049 905 4,587 13,447 50,525 Special mention 67 — 158 454 — — — 679 Substandard 2,292 570 1,222 2,870 1,128 1,365 342 9,789 Doubtful — — — — — — — — Total loans $ 117,502 $ 180,007 $ 88,644 $ 303,090 $ 36,251 $ 173,360 $ 20,095 $ 918,949 December 31, 2018 Construction, Land and Land Development Commercial Mortgages (Non-Owner Occupied) Commercial Mortgages (Owner Occupied) Residential First Mortgages Residential Revolving and Junior Mortgages Commercial and Industrial Consumer Total Loans Grade: Pass $ 101,007 $ 174,661 $ 79,375 $ 280,663 $ 35,900 $ 158,590 $ 8,144 $ 838,340 Watch 6,299 4,275 6,522 14,709 1,306 3,802 15,245 52,158 Special mention 68 — 107 1,071 — 893 121 2,260 Substandard 2,101 1,138 1,237 2,451 1,107 1,323 230 9,587 Doubtful — — — — — — — — Total loans $ 109,475 $ 180,074 $ 87,241 $ 298,894 $ 38,313 $ 164,608 $ 23,740 $ 902,345

Allowance for Loan Losses

Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Allowance for Loan Losses	Note 5: Allowance for Loan Losses The allowance for loan losses (“ALL”) reflects management’s judgment of probable loan losses inherent in the loan portfolio as of the balance sheet date. Management uses a disciplined process and methodology to establish the ALL each quarter-end. To determine the total ALL, the Company estimates the reserves needed for each homogenous type of the loan portfolio, in addition to loans analyzed individually for impairment. Depending on the nature of each type, considerations include historical loss experience, adverse situations that may affect a borrower’s ability to repay, credit scores, past due history, estimated value of any underlying collateral, prevailing local and national economic conditions, and internal policies and procedures including credit risk management and underwriting. This evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as conditions change. The ALL consists of specific, general, and unallocated components. The specific component is determined by identifying impaired loans (as described below) then evaluating each one to calculate the amount of impairment. Impaired loans measured individually for impairment generally include (1) any loan risk rated Special Mention or worse where the borrower has filed for bankruptcy; (2) all loans risk rated Substandard or worse with balances of $400 thousand or more; and (3) all loans classified as a troubled debt restructuring (“TDR”). For the general component of the ALL, the Company collectively evaluates any loans not evaluated individually for a specific reserve, including impaired loans risk rated Substandard or worse with balances less than $400 thousand. All loans evaluated collectively are grouped into types, and historical loss experience is calculated and applied to each loan type and the resultant reserve is adjusted for qualitative factors. Qualitative factors include changes in local and national economic indicators, such as unemployment rates, interest rates, gross domestic product growth, and real estate market trends; the level of past due and nonaccrual loans; risk ratings on individual loans; strength of credit policies and procedures; loan officer experience; borrower credit scores; and other intrinsic risks related to the types and geographic locations of loans. These qualitative adjustments reflect management’s judgment of risks inherent in the types. An unallocated component is maintained, if needed, to cover uncertainties that could affect management’s estimate of probable losses. Loans Evaluated for Impairment The following table presents the ALL by loans evaluated for impairment individually and collectively by loan type as of the dates stated. March 31, 2019 Mortgage Loans on Real Estate Commercial and Industrial Consumer Total Allowance for loan losses applicable to: Loans individually evaluated for impairment $ 1,151 $ — $ 120 $ 1,271 Loans collectively evaluated for impairment 4,108 1,406 1,073 6,587 Purchased credit-impaired loans — — — — Total allowance for loan losses $ 5,259 $ 1,406 $ 1,193 $ 7,858 Loan balances applicable to: Loans individually evaluated for impairment $ 7,444 $ — $ 120 $ 7,564 Loans collectively evaluated for impairment 712,828 173,360 19,927 906,115 Purchased credit-impaired loans 5,222 — 48 5,270 Total loans $ 725,494 $ 173,360 $ 20,095 $ 918,949 December 31, 2018 Allowance for loan losses applicable to: Loans individually evaluated for impairment $ 1,036 $ — $ 121 $ 1,157 Loans collectively evaluated for impairment 3,931 1,374 1,440 6,745 Purchased credit-impaired loans — — — — Total allowance for loan losses $ 4,967 $ 1,374 $ 1,561 $ 7,902 Loan balances applicable to: Loans individually evaluated for impairment $ 7,485 $ — $ 121 $ 7,606 Loans collectively evaluated for impairment 701,235 164,608 23,573 889,416 Purchased credit-impaired loans 5,277 — 46 5,323 Total loans $ 713,997 $ 164,608 $ 23,740 $ 902,345 The following tables present an analysis of the change in the ALL by loan type for the periods presented. Mortgage Loans on Real Estate Commercial and Industrial Consumer Total For the Three Months Ended March 31, 2019 Beginning Balance $ 4,967 $ 1,374 $ 1,561 $ 7,902 Charge-offs (54 ) — (407 ) (461 ) Recoveries 24 1 78 103 Provision (recovery of) 322 31 (39 ) 314 Ending Balance $ 5,259 $ 1,406 $ 1,193 $ 7,858 Mortgage Loans on Real Estate Commercial and Industrial Consumer Total For the Three Months Ended March 31, 2018 Beginning Balance $ 3,864 $ 878 $ 3,028 $ 7,770 Charge-offs (31 ) (14 ) (343 ) (388 ) Recoveries 27 — 194 221 Provision (recovery of) 330 179 (189 ) 320 Ending Balance $ 4,190 $ 1,043 $ 2,690 $ 7,923 Net charge-offs of consumer loans relate primarily to a select portfolio of purchased loans. The recovery of provision in the quarter ended March 31, 2019 was primarily attributable to loan loss factor adjustments in the consumer loan portfolio. Impaired Loans The following tables present the Company’s recorded investment and the borrowers’ unpaid principal balances for impaired loans, excluding PCI loans, with the associated ALL amount, if applicable, as of the dates stated. As of March 31, 2019 As of December 31, 2018 Recorded Investment Borrowers’ Unpaid Principal Balance Related Allowance Recorded Investment Borrowers’ Unpaid Principal Balance Related Allowance With no related allowance: Construction, land and land development $ 332 $ 403 $ — $ 335 $ 406 $ — Commercial mortgages (non-owner occupied) — — — 386 386 — Commercial mortgages (owner occupied) 382 382 — — — — Residential first mortgages 1,428 1,428 — — — — Residential revolving and junior mortgages — — — 1,028 1,028 — Commercial and industrial — — — — — — Consumer — — — — — — Total impaired loans with no related allowance 2,142 2,213 — 1,749 1,820 — With an allowance recorded: Construction, land and land development 274 274 135 275 275 132 Commercial mortgages (non-owner occupied) 435 435 35 443 443 18 Commercial mortgages (owner occupied) 1,063 1,063 56 1,069 1,069 57 Residential first mortgages 3,029 3,029 641 3,447 3,447 565 Residential revolving and junior mortgages 501 501 284 502 502 264 Commercial and industrial — — — — — — Consumer 120 120 120 121 121 121 Total impaired loans with allowance recorded 5,422 5,422 1,271 5,857 5,857 1,157 Total impaired loans: Construction, land and land development 606 677 135 610 681 132 Commercial mortgages (non-owner occupied) 435 435 35 829 829 18 Commercial mortgages (owner occupied) 1,445 1,445 56 1,069 1,069 57 Residential first mortgages 4,457 4,457 641 3,447 3,447 565 Residential revolving and junior mortgages 501 501 284 1,530 1,530 264 Commercial and industrial — — — — — — Consumer 120 120 120 121 121 121 Total impaired loans $ 7,564 $ 7,635 $ 1,271 $ 7,606 $ 7,677 $ 1,157 The following table presents the average recorded investment and interest income recognized for impaired loans, excluding PCI loans, for the periods presented. For the Three Months Ended March 31, 2019 March 31, 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance: Construction, land and land development $ 334 $ 2 $ 851 $ 1 Commercial mortgages (non-owner occupied) — — — — Commercial mortgages (owner occupied) 384 6 1,777 7 Residential first mortgages 1,431 19 1,510 17 Residential revolving and junior mortgages — — 414 1 Commercial and industrial — — — — Consumer — — — 1 Total impaired loans with no allowance 2,149 27 4,552 27 With an allowance recorded: Construction, land and land development 274 4 500 5 Commercial mortgages (non-owner occupied) 439 23 — — Commercial mortgages (owner occupied) 1,066 14 544 6 Residential first mortgages 3,034 33 2,159 10 Residential revolving and junior mortgages 502 3 1,357 3 Commercial and industrial — — 97 — Consumer 121 2 — — Total impaired loans with allowance recorded 5,436 79 4,657 24 Total impaired loans: Construction, land and land development 608 6 1,351 6 Commercial mortgages (non-owner occupied) 439 23 — — Commercial mortgages (owner occupied) 1,450 20 2,321 13 Residential first mortgages 4,465 52 3,669 27 Residential revolving and junior mortgages 502 3 1,771 4 Commercial and industrial — — 97 — Consumer 121 2 — 1 Total impaired loans $ 7,585 $ 106 $ 9,209 $ 51 The following table presents a reconciliation of nonaccrual loans to impaired loans as of the dates stated. March 31, 2019 December 31, 2018 Nonaccrual loans $ 5,384 $ 5,206 Nonaccrual loans collectively evaluated for impairment (1,622 ) (2,040 ) Nonaccrual impaired loans 3,762 3,166 TDRs on accrual 3,478 4,115 Other impaired loans on accrual 324 325 Total impaired loans $ 7,564 $ 7,606 Troubled Debt Restructuring For economic or legal reasons related to a borrower’s financial condition, management may grant a concession to a borrower that it would not otherwise consider. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal or an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risks, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and may work with them to modify their loan(s) to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance, and other actions intended to minimize the economic loss to the Company. Loans modified as TDRs are considered impaired and are individually evaluated for impairment for the ALL. The following table presents by loan type information related to loans modified as TDRs for the periods presented. For the Three Months Ended For the Three Months Ended March 31, 2019 March 31, 2018 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Residential first mortgages (1) — $ — $ — 3 $ 560 $ 562 (1) Modifications were an extension of the loan term. No loans designated as TDRs subsequently defaulted in the first three months of 2019 or 2018. The following table presents a roll-forward of accruing and nonaccrual TDRs for the period presented. Accruing Nonaccrual Total Balance as of December 31, 2018 $ 4,115 $ 1,477 $ 5,592 Charge-offs — — — Payments and other adjustments (21 ) (6 ) (27 ) New TDR designation — — — Release TDR designation — — — Transfer (616 ) 616 — Balance as of March 31, 2019 $ 3,478 $ 2,087 $ 5,565

Other Real Estate Owned, Net

Other Real Estate Owned, Net	3 Months Ended
	Mar. 31, 2019
Banking And Thrift [Abstract]
Other Real Estate Owned, Net	Note 6: Other Real Estate Owned, net The following table presents the number and carrying values of properties included in other real estate owned (“OREO”) as of the dates stated. March 31, 2019 December 31, 2018 Number of Carrying Number of Carrying Properties Value Properties Value Residential 7 $ 1,477 6 $ 1,339 Land 16 1,724 17 1,741 Commercial properties 3 517 3 517 Total other real estate owned, net 26 3,718 26 3,597 There was one $13 thousand residential mortgage loan in the process of foreclosure as of March 31, 2019.

Leases

Leases	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	Note 7: Leases On January 1, 2019, the Company adopted the requirements of ASU 2016-02. As part of the adoption of this accounting standard, the Company evaluated its population of existing real estate and equipment leases as of January 1, 2019. The purpose of this exercise was to determine whether the Company’s existing contractual arrangements constitute a lease, or contains an embedded lease, which would be in scope under ASU 2016-02, and whether such leases would meet the requirements of an operating or financing lease under the new accounting standard. Based on this evaluation, the Company identified 16 operating leases for land, buildings, and equipment with remaining lease terms ranging from one to 10 years. Most of the Company’s leases include renewal options, with renewal terms extending the lease obligation up to as much as five years. Lease terms may include renewal or extension options to the extent they are reasonably certain to be exercised as assessed at lease commencement. As of and for the three months ended March 31, 2019, the Company does not have any leases that meet the standard definition of a finance lease nor does it engage in any sale-leaseback transactions, have any short-term leases, or have any sublease income. For operating leases, ROU assets and lease liabilities are recognized at the commencement date of the respective lease. ROU assets represent the Company’s right to use leased assets over the term of the lease. Lease liabilities represent the Company’s contractual obligation to make lease payments over the lease term and are measured as the present value of the lease payments over the lease term. ROU assets are measured as the amount of the lease liability adjusted for certain items such as prepaid lease payments, unamortized lease incentives, and unamortized direct costs. ROU assets are amortized on a straight-line basis less the periodic interest expense adjustment of the lease liability and the amortization is included in occupancy expense in the Company’s consolidated statements of operations. For the three months ended March 31, 2019, operating lease expense totaled $227 thousand. The discount rate used for the present value calculations for lease liabilities was the rate implicit in the lease if determinable, and when the rate was not determinable, the Company used its incremental, collateralized borrowing rate with the FHLB for the period that most closely coincided with the respective lease as of the commencement date of the lease. The Company recorded ROU assets and lease liabilities of $3.5 million and $3.8 million, respectively, and recorded a cumulative effect adjustment of $45 thousand to retained earnings, upon adoption of ASU 2016-02 effective January 1, 2019. During the first quarter of 2019, the Company commenced a new operating lease for the Richmond, Virginia office of the Financial Group, which resulted in the recognition of an operating ROU asset and lease liability of $826 thousand. The following table presents the ROU assets and lease liabilities as of the date stated. ROU assets and lease liabilities are included in other assets and other liabilities, respectively, in the Company’s consolidated balance sheets. March 31, 2019 Operating lease right-of-use assets $ 4,127 Current operating lease liabilities 766 Noncurrent lease liabilities 3,700 Total operating lease liabilities $ 4,466 The following table presents the weighted average remaining lease term and discount rate associated with the Company’s operating leases as of the date stated. March 31, 2019 Weighted average remaining lease term - operating leases 8 years Weighted average discount rate - operating leases 3.14 % The following table presents a maturity analysis of the Company’s operating lease liabilities for the subsequent periods after March 31, 2019 and in total thereafter. 2019 $ 663 2020 894 2021 925 2022 547 2023 296 Thereafter 1,746 Total 5,071 Less interest (605 ) Lease liability $ 4,466 The following table presents supplemental cash flow information related to the Company’s operating leases for the period stated. For the Three Months Ended March 31, 2019 Cash paid for amount included in the measurement of lease liabilities: Operating cash flows from operating leases $ 246 Right-of-use assets obtained in exchange for new operating lease liabilities $ 826 As of March 31, 2019, the Company had entered into an additional operating lease for branch office space that had not yet commenced with an estimated ROU asset and lease liability at lease commencement of $478 thousand and $473 thousand, respectively. The Company anticipates this operating lease will commence in 2019 with an expected lease term of 10 years, including the likely exercise of one 5-year renewal option. As part of the implementation of ASU 2016-02, the Company elected the following practical expedients. The Company elected to retain the operating lease classification for all of its existing leases as of January 1, 2019 under the former lease accounting standard. The Company elected not to reassess whether existing leases contained embedded lease arrangements or whether there were initial directs costs that should have been considered as part of the transition to ASU 2016-02. The Company also elected not to recognize an ROU asset and lease obligation for contracts with an initial term of twelve months or less. The expense associated with these short-term leases is included in occupancy expense in the consolidated statements of operations. To the extent that a lease arrangement includes both lease and non-lease components, the Company has elected not to account for these separately. Lastly, the Company has elected to utilize a fair value threshold, such that a contract with an ROU asset or lease obligation below a minimum threshold of $7.5 thousand is excluded from the provisions of ASU 2016-02.

Earnings per share

Earnings per share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings per share	Note 8: Earnings per share The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock. Basic earnings per share amounts are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding (the denominator). Diluted earnings per share amounts assume the conversion, exercise, or issuance of all potential common stock instruments, unless the effect is to reduce the loss or increase earnings per common share. For both computations, the weighted average number of employee stock ownership plan (“ESOP”) shares not committed to be released to participant accounts purchased by the ESOP are not assumed to be outstanding. The weighted average ESOP shares excluded from the computation were 210,005 and 161,369 for the three months ended March 31, 2019 and 2018, respectively. For the three months ended March 31, 2019 and 2018, options on 88,784 and 87,548 shares, respectively, were not included in computing diluted earnings per share because their effects would have been anti-dilutive. For the Three Months Ended March 31, 2019 2018 Net income $ 1,492 $ 1,124 Weighted average shares outstanding, basic 12,972,850 13,038,593 Dilutive shares: Stock options 33,944 67,596 Restricted stock 2,023 25 Weighted average shares outstanding, dilutive 13,008,817 13,106,214 Basic and diluted earnings per share $ 0.11 $ 0.09

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Borrowings	Note 9: Borrowings FHLB Borrowings As of March 31, 2019 and December 31, 2018, the Bank had $100.0 million of outstanding FHLB borrowings, consisting of two and four advances, respectively. Advances on the FHLB lines are secured by a blanket lien on qualified one-to-four family real estate, commercial real estate, and multifamily residential loans. Immediate available credit, as of March 31, 2019, was $151.0 million against a total line of credit of $269.0 million. As of March 31, 2019, the Bank had $18.0 million of letters of credit issued by FHLB for the benefit of the Virginia Department of the Treasury as collateral for public deposits held by the Bank to comply with the Security of Public Deposits Act. The $18.0 million is not an outstanding borrowing, as of March 31, 2019, but does reduce the available credit under the FHLB credit line. The following table presents information regarding the two advances outstanding as of March 31, 2019. Stated Maturity Balance Originated Interest Rate Date Adjustable rate hybrid $ 10,000 4/12/2013 5.18 % 4/13/2020 Fixed rate credit 90,000 3/4/2019 2.55 % 4/5/2019 Total FHLB borrowings $ 100,000 Subordinated Notes On May 28, 2015, the Company entered into a purchase agreement with 29 accredited investors under which the Company issued an aggregate of $7.0 million of subordinated notes (the “notes”) to the accredited investors. The notes have a maturity date of May 28, 2025 and bear interest, payable on the first of March and September of each year, at a fixed interest rate of 6.50% per year. The notes are not convertible into common stock or preferred stock and are not callable by the holders. The Company has the right to redeem the notes, in whole or in part, without premium or penalty, at any interest payment date on or after May 28, 2020, but in all cases in a principal amount with integral multiples of $1,000, plus interest accrued and unpaid through the date of redemption. If an event of default occurs, such as the bankruptcy of the Company, the holder of a note may declare the principal amount of the notes to be due and immediately payable. The notes are unsecured, subordinated obligations of the Company and rank junior in right of payment to the Company’s existing and future senior indebtedness. The notes qualify as Tier 2 capital for regulatory reporting. The aggregate carrying value of the notes, including capitalized debt issuance costs, was $6.9 million as of March 31, 2019 and December 31, 2018. For the three months ended March 31, 2019 and 2018, the effective interest rate on the notes was 6.84% and 6.86%, respectively. ESOP Debt The aggregate carrying value of debt secured by shares of Company stock, issued and outstanding, in the Company’s ESOP was $1.7 million as of March 31, 2019 and December 31, 2018 and is included in other liabilities on the consolidated balance sheets. The debt is comprised of five fixed rate-amortizing notes, four of which carry an interest rate of 3.25% and one that carries an interest rate of 4.50% with maturity dates ranging from March 1, 2019 to December 31, 2027, and one variable rate amortizing note with a maturity date of June 14, 2024. Shares that collateralize these loans are not allocated to ESOP participants’ accounts.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10: Fair Value Measurements The Company uses fair value to record certain assets and liabilities and to determine fair value disclosures. Authoritative accounting guidance (ASC 820, Fair Value Measurements (“ASC 820”)) clarifies that fair value of certain assets and liabilities is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value also assumes that the reporting entity would sell the asset or transfer the liability in the principal or most advantageous market. ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy based on these two types of inputs are as follows: Level 1 – Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. Level 3 – Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market. The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements: Available-for-sale securities: Rabbi trust: Mortgage servicing rights (“MSRs”) A third-party model is used to determine fair value, which establishes pools of performing loans, calculates cash flows for each pool, and applies a discount rate to each pool. Loans are segregated into 12 pools based on each loan’s term and seasoning (age). All loans have fixed interest rates. Cash flows are then estimated by utilizing assumed service costs and prepayment speeds. Monthly service costs were assumed to be $6.50 per loan as of March 31, 2019 and as of December 31, 2018. Prepayment speeds are determined primarily based on the average interest rate of the loans in each pool. The prepayment scale used is the Public Securities Association (“PSA”) model, where “100% PSA” means prepayments are zero in the first month, then increase by 0.2% of the loan balance each month until reaching 6.0% in month 30. Thereafter, the 100% PSA model assumes an annual prepayment of 6.0% of the remaining loan balance. The average PSA speed assumption in the fair value model is 154% and 133% as of March 31, 2019 and December 31, 2018, respectively. A discount rate of 12.5% was then applied to each pool as of March 31, 2019 and as of December 31, 2018. The discount rate is intended to represent the estimated market yield for the highest quality grade of comparable servicing. MSRs are classified as Level 3. The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of Fair Value Measurements as of March 31, 2019 Using Balance as of March 31, 2019 Level 1 Level 2 Level 3 Available-for-sale securities: U. S. Government agencies and mortgage backed securities $ 49,304 $ — $ 49,304 $ — State and municipal obligations 20,531 — 20,531 — Corporate bonds 12,195 — 8,526 3,669 Total available-for-sale securities $ 82,030 $ — $ 78,361 $ 3,669 Mortgage servicing rights $ 923 $ — $ — $ 923 Rabbi trust assets $ 1,062 $ 1,062 $ — Fair Value Measurements as of December 31, 2018 Using Balance as of December 31, 2018 Level 1 Level 2 Level 3 Available-for-sale securities: U. S. Government agencies and mortgage backed securities $ 49,882 $ — $ 49,882 $ — State and municipal obligations 20,217 — 20,217 — Corporate bonds 12,133 — 8,462 3,671 Total available-for-sale securities $ 82,232 $ — $ 78,561 $ 3,671 Mortgage servicing rights $ 977 $ — $ — $ 977 Rabbi trust assets $ 972 $ 972 The following table presents the change in financial assets valued using Level 3 inputs for the periods stated. MSRs Corporate Bonds Balance as of January 1, 2019 $ 977 $ 3,671 Purchases — Impairments — — Fair value adjustments (54 ) (2 ) Sales — — Balance as of March 31, 2019 $ 923 $ 3,669 Certain assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements: Impaired Loans: Other Real Estate Owned, net: The following tables present the Company’s assets that were measured at fair value on a nonrecurring basis as of the dates stated. Fair Value Measurements as of March 31, 2019 Using Balance as of March 31, 2019 Level 1 Level 2 Level 3 Impaired loans, net $ 4,151 $ — $ — $ 4,151 Other real estate owned, net 3,718 — — 3,718 Fair Value Measurements as of December 31, 2018 Using Balance as of December 31, 2018 Level 1 Level 2 Level 3 Impaired loans, net $ 4,700 $ — $ — $ 4,700 Other real estate owned, net 3,597 — — 3,597 The following tables present quantitative information about Level 3 fair value measurements as of the dates stated. Balance as of March 31, 2019 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans, net $ 4,151 Discounted appraised value Selling Cost Lack of Marketability 20%-25% (20%) 100% Discounted cash flows Discount rate 5%-7% (6%) Other real estate owned, net 3,718 Discounted appraised value Selling Cost Lack of Marketability 6%-32% (13%) 9%-100% (27%) Balance as of December 31, 2018 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans, net $ 4,700 Discounted appraised value Selling Cost Lack of Marketability 15%-20% (16%) 100% (100%) Discounted cash flows Discount rate 5%-7% (6%) Other real estate owned, net 3,597 Discounted appraised value Selling Cost Lack of Marketability 5%-19% (8%) 9%-100% (28%) The carrying values of cash and due from banks, interest-earning deposits, federal funds sold or purchased, noninterest-bearing deposits, savings and interest-bearing deposits, and securities sold under repurchase agreements are payable on demand, or are of such short duration, that carrying value approximates market value (Level 1). The carrying values of certificates of deposit, loans held for sale, and accrued interest receivable are payable on demand, or are of such short duration, that carrying value approximates market value (Level 2). The carrying value of restricted securities approximates fair value based on the redemption provisions of the issuer (Level 3). The fair value of performing loans is estimated by discounting the future cash flows using two sets of data sources. First, recent originations, occurring over the prior twelve months, were evaluated, and second, market data showing originations over the prior three months was evaluated. The selected rate was the greater of the two sources. For all loans other than a selective consumer loan portfolio, credit loss severity rates were calculated using the probability of default and the loss given default percentages derived from market data. For the consumer loan portfolio, historical delinquency data was obtained by the servicer of the portfolio. The fair value of impaired loans is measured as described within the Impaired Loans section of this note. The fair value of loans does consider the lack of liquidity and uncertainty in the market that might affect the valuation (Level 3). Time deposits are presented at estimated fair value by discounting the future cash flows using recent issuance rates over the prior three months and a market rate analysis of recent offering rates (Level 3). The fair value of the Company’s subordinated notes is estimated by utilizing recent issuance rates for subordinated debt offerings of similar issuer size (Level 3). The fair value of the FHLB advances is estimated by discounting the future cash flows using current interest rates offered for similar advances (Level 2). Commitments to extend and standby letters of credit are generally not sold or traded. The estimated fair values of off-balance sheet credit commitments, including standby letters of credit and guarantees written, are not readily available due to the lack of cost-effective and reliable measurement methods for these instruments. The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair value of the Company’s financial instruments will change when interest rate levels change and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk. However, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk. The following tables summarize the Company’s financial assets and liabilities at carrying values and estimated fair values on a nonrecurring basis as of the dates stated. Carrying Value as of Fair Value as of Fair Value Measurements as of March 31, 2019 Using March 31, 2019 March 31, 2019 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,404 $ 7,404 $ 7,404 $ — $ — Interest-earning deposits 23,091 23,091 23,091 — — Certificates of deposit 3,746 3,746 — 3,746 — Federal funds sold 182 182 182 — — Restricted securities 7,804 7,804 — — 7,804 Loans receivable, net 910,762 896,740 — — 896,740 Loans held for sale — — — — — Accrued interest receivable 3,274 3,274 — 3,274 — Financial Liabilities: Noninterest-bearing demand deposits 112,315 112,315 112,315 — — Savings and interest-bearing demand deposits 371,587 330,690 330,690 — — Time deposits 372,751 372,921 — — 372,921 Securities sold under repurchase agreements 7,220 7,220 7,220 — — FHLB advances 100,000 99,773 — 99,773 — Subordinated notes, net 6,897 7,045 — — 7,045 Carrying Value as of Fair Value as of Fair Value Measurements as of December 31, 2018 Using December 31, 2018 December 31, 2018 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,685 $ 7,685 $ 7,685 $ — $ — Interest-earning deposits 18,981 18,981 18,981 — — Certificates of deposit 3,746 3,746 — 3,746 — Federal funds sold 625 625 625 — — Restricted securities 7,600 7,600 — — 7,600 Loans receivable, net 894,191 877,114 — — 877,114 Loans held for sale 368 368 — 368 — Accrued interest receivable 3,172 3,172 — 3,172 — Financial Liabilities: Noninterest-bearing demand deposits 114,122 114,122 114,122 — — Savings and interest-bearing demand deposits 359,400 359,400 359,400 — — Time deposits 368,670 369,347 — — 369,347 Securities sold under repurchase agreements 6,089 6,089 6,089 — — FHLB advances 100,000 99,727 — 99,727 — Subordinated notes, net 6,893 7,046 — — 7,046

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss), net	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss), net	Note 11: Changes in Accumulated Other Comprehensive Income (Loss), net The components of accumulated other comprehensive income (loss), net of deferred taxes, are presented in the following table for the period presented. For the Three Months Ended March 31, 2019 Net Unrealized Losses on Securities Pension and Post-retirement Benefit Plans Accumulated Other Comprehensive Loss, net Balance as of January 1, 2019 $ (1,252 ) $ (75 ) $ (1,327 ) Change in net unrealized holding gain (loss) on available-for-sale securities, net of deferred tax expense of $214 806 — 806 Balance as of March 31, 2019 $ (446 ) $ (75 ) $ (521 )

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and to the general practices within the banking industry. In management’s opinion, all adjustments, consisting only of normal recurring adjustments necessary for a fair presentation of the consolidated financial statements, have been included. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year or for any other interim periods. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to current year presentations. The reclassifications had no effect on net income, net income per share, or shareholders’ equity as previously reported. All dollar amounts included in the tables in these notes are in thousands, except per share data, unless otherwise stated.
Loans	Loans are reported at their recorded investment, which is the outstanding principal balance net of any unearned income and costs, such as deferred fees and costs, charge-offs, and discounts or premiums on acquired or purchased loans. Interest on loans is recognized in earnings over the contractual term of the loan and is calculated using the interest method on principal amounts outstanding. Loan fees and certain direct origination costs are deferred and recognized as an adjustment of the related loan yield over the contractual term of the loan, adjusted for early pay-offs or principal curtailments, as applicable. All interest accrued but not collected for loans that are placed on nonaccrual or charged-off are reversed against interest income at the time the loans are placed in nonaccrual or charged off. Any subsequent interest received on these loans is recognized as interest income under the cash basis method of accounting until qualifying for return to accrual status. Generally, a loan is returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured, or the loan becomes well-secured and in process of collection.
Internal Risk Rating Grades	Internal Risk Rating Grades Loans in the Company’s loan portfolio are risk rated on a periodic basis by experienced credit personnel. Risk rating categories are as follows: Pass Watch Special Mention Substandard Doubtful Loss
Allowance for Loan Losses	The allowance for loan losses (“ALL”) reflects management’s judgment of probable loan losses inherent in the loan portfolio as of the balance sheet date. Management uses a disciplined process and methodology to establish the ALL each quarter-end. To determine the total ALL, the Company estimates the reserves needed for each homogenous type of the loan portfolio, in addition to loans analyzed individually for impairment. Depending on the nature of each type, considerations include historical loss experience, adverse situations that may affect a borrower’s ability to repay, credit scores, past due history, estimated value of any underlying collateral, prevailing local and national economic conditions, and internal policies and procedures including credit risk management and underwriting. This evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as conditions change. The ALL consists of specific, general, and unallocated components. The specific component is determined by identifying impaired loans (as described below) then evaluating each one to calculate the amount of impairment. Impaired loans measured individually for impairment generally include (1) any loan risk rated Special Mention or worse where the borrower has filed for bankruptcy; (2) all loans risk rated Substandard or worse with balances of $400 thousand or more; and (3) all loans classified as a troubled debt restructuring (“TDR”). For the general component of the ALL, the Company collectively evaluates any loans not evaluated individually for a specific reserve, including impaired loans risk rated Substandard or worse with balances less than $400 thousand. All loans evaluated collectively are grouped into types, and historical loss experience is calculated and applied to each loan type and the resultant reserve is adjusted for qualitative factors. Qualitative factors include changes in local and national economic indicators, such as unemployment rates, interest rates, gross domestic product growth, and real estate market trends; the level of past due and nonaccrual loans; risk ratings on individual loans; strength of credit policies and procedures; loan officer experience; borrower credit scores; and other intrinsic risks related to the types and geographic locations of loans. These qualitative adjustments reflect management’s judgment of risks inherent in the types. An unallocated component is maintained, if needed, to cover uncertainties that could affect management’s estimate of probable losses.
Troubled Debt Restructuring	Troubled Debt Restructuring For economic or legal reasons related to a borrower’s financial condition, management may grant a concession to a borrower that it would not otherwise consider. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal or an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risks, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and may work with them to modify their loan(s) to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance, and other actions intended to minimize the economic loss to the Company.
Leases	On January 1, 2019, the Company adopted the requirements of ASU 2016-02. As part of the adoption of this accounting standard, the Company evaluated its population of existing real estate and equipment leases as of January 1, 2019. The purpose of this exercise was to determine whether the Company’s existing contractual arrangements constitute a lease, or contains an embedded lease, which would be in scope under ASU 2016-02, and whether such leases would meet the requirements of an operating or financing lease under the new accounting standard. Based on this evaluation, the Company identified 16 operating leases for land, buildings, and equipment with remaining lease terms ranging from one to 10 years. Most of the Company’s leases include renewal options, with renewal terms extending the lease obligation up to as much as five years. Lease terms may include renewal or extension options to the extent they are reasonably certain to be exercised as assessed at lease commencement. As of and for the three months ended March 31, 2019, the Company does not have any leases that meet the standard definition of a finance lease nor does it engage in any sale-leaseback transactions, have any short-term leases, or have any sublease income. For operating leases, ROU assets and lease liabilities are recognized at the commencement date of the respective lease. ROU assets represent the Company’s right to use leased assets over the term of the lease. Lease liabilities represent the Company’s contractual obligation to make lease payments over the lease term and are measured as the present value of the lease payments over the lease term. ROU assets are measured as the amount of the lease liability adjusted for certain items such as prepaid lease payments, unamortized lease incentives, and unamortized direct costs. ROU assets are amortized on a straight-line basis less the periodic interest expense adjustment of the lease liability and the amortization is included in occupancy expense in the Company’s consolidated statements of operations. For the three months ended March 31, 2019, operating lease expense totaled $227 thousand. The discount rate used for the present value calculations for lease liabilities was the rate implicit in the lease if determinable, and when the rate was not determinable, the Company used its incremental, collateralized borrowing rate with the FHLB for the period that most closely coincided with the respective lease as of the commencement date of the lease. The Company recorded ROU assets and lease liabilities of $3.5 million and $3.8 million, respectively, and recorded a cumulative effect adjustment of $45 thousand to retained earnings, upon adoption of ASU 2016-02 effective January 1, 2019. During the first quarter of 2019, the Company commenced a new operating lease for the Richmond, Virginia office of the Financial Group, which resulted in the recognition of an operating ROU asset and lease liability of $826 thousand.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]
Aggregate Amortized Costs and Fair Values of Available-for-Sale Securities	The aggregate amortized costs and fair values of available-for-sale securities as of the dates stated were as follows. Gross Gross Amortized Unrealized Unrealized Fair March 31, 2019 Cost Gains (Losses) Value U.S. Government agencies and mortgage backed securities $ 49,965 $ 74 $ (735 ) $ 49,304 State and municipal obligations 20,437 192 (98 ) 20,531 Corporate bonds 12,187 46 (38 ) 12,195 Total available-for-sale securities $ 82,589 $ 312 $ (871 ) $ 82,030 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2018 Cost Gains (Losses) Value U.S. Government agencies and mortgage backed securities $ 51,126 $ 35 $ (1,279 ) $ 49,882 State and municipal obligations 20,484 60 (327 ) 20,217 Corporate bonds 12,194 23 (84 ) 12,133 Total available-for-sale securities $ 83,804 $ 118 $ (1,690 ) $ 82,232
Unrealized Loss Positions	The following tables provide information on securities in an unrealized loss position as of the dates stated. Less than 12 months 12 months or more Total March 31, 2019 Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies and mortgage backed securities 50 $ 161 $ (2 ) $ 40,648 $ (733 ) $ 40,809 $ (735 ) State and municipal obligations 26 660 (3 ) 6,772 (95 ) 7,432 (98 ) Corporate bonds 4 4,536 (36 ) 498 (2 ) 5,034 (38 ) Total temporarily impaired securities 80 $ 5,357 $ (41 ) $ 47,918 $ (830 ) $ 53,275 $ (871 ) Less than 12 months 12 months or more Total December 31, 2018 Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies and mortgage backed securities 54 $ 2,911 $ (22 ) $ 43,843 $ (1,257 ) $ 46,754 $ (1,279 ) State and municipal obligations 39 2,723 (27 ) 9,119 (300 ) 11,842 (327 ) Corporate bonds 5 5,742 (84 ) — — 5,742 (84 ) Total temporarily impaired securities 98 $ 11,376 $ (133 ) $ 52,962 $ (1,557 ) $ 64,338 $ (1,690 )
Summary of Amortized Cost and Fair Value by Contractual Maturity of Securities Available for Sale Securities	The following table presents the amortized cost and fair value by contractual maturity of available-for-sale securities as of the dates stated. Expected maturities may differ from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2019 December 31, 2018 Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 2,351 $ 2,355 $ 1,080 $ 1,079 Due after one year but less than five years 47,354 47,006 47,065 46,358 Due after five years but less than ten years 25,015 24,956 26,615 26,149 Due after ten years 7,869 7,713 9,044 8,646 Total available-for-sale securities $ 82,589 $ 82,030 $ 83,804 $ 82,232

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2019
Summary of Loans	The following table presents a summary of loans as of the dates stated. March 31, 2019 December 31, 2018 Mortgage loans on real estate: Construction, land and land development $ 117,502 $ 109,475 Commercial mortgages (non-owner occupied) 180,007 180,074 Commercial mortgages (owner occupied) 88,644 87,241 Residential first mortgages 303,090 298,894 Residential revolving and junior mortgages 36,251 38,313 Commercial and industrial 173,360 164,608 Consumer 20,095 23,740 Total loans 918,949 902,345 Net unamortized deferred loan (fees) (329 ) (252 ) Allowance for loan losses (7,858 ) (7,902 ) Loans receivable, net $ 910,762 $ 894,191
Recorded Investment for Past Due and Non-accruing Loans	The following tables present the recorded investment for past due, based upon contractual terms, and nonaccrual loans as of the dates stated. A loan past due 90 days or more is generally placed on nonaccrual unless it is both well secured and in the process of collection. Loans presented below as 90 days or more past due and still accruing include purchased credit-impaired (“PCI”) loans. March 31, 2019 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total Loans Mortgage loans on real estate: Construction, land and land development $ 137 $ — $ 914 $ 1,051 $ 116,451 $ 117,502 Commercial mortgages (non-owner occupied) — — 435 435 179,572 180,007 Commercial mortgages (owner occupied) 1,573 23 1,060 2,656 85,988 88,644 Residential first mortgages 2,735 24 1,846 4,605 298,485 303,090 Residential revolving and junior mortgages 179 — 803 982 35,269 36,251 Commercial and industrial — — — — 173,360 173,360 Consumer 310 — 326 636 19,459 20,095 Total loans $ 4,934 $ 47 $ 5,384 $ 10,365 $ 908,584 $ 918,949 December 31, 2018 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total Loans Mortgage loans on real estate: Construction, land and land development $ 552 $ — $ 740 $ 1,292 $ 108,183 $ 109,475 Commercial mortgages (non-owner occupied) 50 — 996 1,046 179,028 180,074 Commercial mortgages (owner occupied) — 56 1,064 1,120 86,121 87,241 Residential first mortgages 1,341 55 1,361 2,757 296,137 298,894 Residential revolving and junior mortgages 115 — 782 897 37,416 38,313 Commercial and industrial — — 48 48 164,560 164,608 Consumer 329 — 215 544 23,196 23,740 Total loans $ 2,387 $ 111 $ 5,206 $ 7,704 $ 894,641 $ 902,345
Schedule of Changes in Accretable Yield for PCI Loans	The following table presents the changes in accretable yield for PCI loans for the period stated. For the Three Months Ended March 31, 2019 Balance as of December 31, 2018 $ 1,083 Accretion of acquisition accounting adjustment (86 ) Reclassifications from nonaccretable balance, net 45 Other changes, net 65 Balance as of March 31, 2019 $ 1,107
Internal Risk Rating Grades	The following tables present the Company’s risk rating of loans by loan type as of the dates stated. March 31, 2019 Construction, Land and Land Development Commercial Mortgages (Non-Owner Occupied) Commercial Mortgages (Owner Occupied) Residential First Mortgages Residential Revolving and Junior Mortgages Commercial and Industrial Consumer Total Loans Grade: Pass $ 108,907 $ 176,780 $ 78,620 $ 285,717 $ 34,218 $ 167,408 $ 6,306 $ 857,956 Watch 6,236 2,657 8,644 14,049 905 4,587 13,447 50,525 Special mention 67 — 158 454 — — — 679 Substandard 2,292 570 1,222 2,870 1,128 1,365 342 9,789 Doubtful — — — — — — — — Total loans $ 117,502 $ 180,007 $ 88,644 $ 303,090 $ 36,251 $ 173,360 $ 20,095 $ 918,949 December 31, 2018 Construction, Land and Land Development Commercial Mortgages (Non-Owner Occupied) Commercial Mortgages (Owner Occupied) Residential First Mortgages Residential Revolving and Junior Mortgages Commercial and Industrial Consumer Total Loans Grade: Pass $ 101,007 $ 174,661 $ 79,375 $ 280,663 $ 35,900 $ 158,590 $ 8,144 $ 838,340 Watch 6,299 4,275 6,522 14,709 1,306 3,802 15,245 52,158 Special mention 68 — 107 1,071 — 893 121 2,260 Substandard 2,101 1,138 1,237 2,451 1,107 1,323 230 9,587 Doubtful — — — — — — — — Total loans $ 109,475 $ 180,074 $ 87,241 $ 298,894 $ 38,313 $ 164,608 $ 23,740 $ 902,345
PCI Loans
Recorded Investment for Past Due and Non-accruing Loans	The following tables include an aging analysis, based upon contractual terms, of the recorded investment of PCI loans as of the dates stated, included in the tables above. March 31, 2019 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total PCI Loans Mortgage loans on real estate: Construction, land and land development $ 23 $ — $ — $ 23 $ 1,348 $ 1,371 Commercial mortgages (non-owner occupied) — — — — 135 135 Commercial mortgages (owner occupied) 26 23 — 49 232 281 Residential first mortgages 257 24 — 281 3,154 3,435 Residential revolving and junior mortgages — — — — — — Commercial and industrial — — — — — — Consumer — — — — 48 48 Total purchased credit-impaired loans $ 306 $ 47 $ — $ 353 $ 4,917 $ 5,270 December 31, 2018 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual Total Past Due and Nonaccrual Current Total PCI Loans Mortgage loans on real estate: Construction, land and land development $ 23 $ — $ — $ 23 $ 1,355 $ 1,378 Commercial mortgages (non-owner occupied) — — — — 142 142 Commercial mortgages (owner occupied) — 56 — 56 237 293 Residential first mortgages 92 55 — 147 3,317 3,464 Residential revolving and junior mortgages — — — — — — Commercial and industrial — — — — — — Consumer — — — — 46 46 Total purchased credit-impaired loans $ 115 $ 111 $ — $ 226 $ 5,097 $ 5,323

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
ALL by Loans Evaluated for Impairment Individually and Collectively by Type	The following table presents the ALL by loans evaluated for impairment individually and collectively by loan type as of the dates stated. March 31, 2019 Mortgage Loans on Real Estate Commercial and Industrial Consumer Total Allowance for loan losses applicable to: Loans individually evaluated for impairment $ 1,151 $ — $ 120 $ 1,271 Loans collectively evaluated for impairment 4,108 1,406 1,073 6,587 Purchased credit-impaired loans — — — — Total allowance for loan losses $ 5,259 $ 1,406 $ 1,193 $ 7,858 Loan balances applicable to: Loans individually evaluated for impairment $ 7,444 $ — $ 120 $ 7,564 Loans collectively evaluated for impairment 712,828 173,360 19,927 906,115 Purchased credit-impaired loans 5,222 — 48 5,270 Total loans $ 725,494 $ 173,360 $ 20,095 $ 918,949 December 31, 2018 Allowance for loan losses applicable to: Loans individually evaluated for impairment $ 1,036 $ — $ 121 $ 1,157 Loans collectively evaluated for impairment 3,931 1,374 1,440 6,745 Purchased credit-impaired loans — — — — Total allowance for loan losses $ 4,967 $ 1,374 $ 1,561 $ 7,902 Loan balances applicable to: Loans individually evaluated for impairment $ 7,485 $ — $ 121 $ 7,606 Loans collectively evaluated for impairment 701,235 164,608 23,573 889,416 Purchased credit-impaired loans 5,277 — 46 5,323 Total loans $ 713,997 $ 164,608 $ 23,740 $ 902,345
ALL by Loan Type	The following tables present an analysis of the change in the ALL by loan type for the periods presented. Mortgage Loans on Real Estate Commercial and Industrial Consumer Total For the Three Months Ended March 31, 2019 Beginning Balance $ 4,967 $ 1,374 $ 1,561 $ 7,902 Charge-offs (54 ) — (407 ) (461 ) Recoveries 24 1 78 103 Provision (recovery of) 322 31 (39 ) 314 Ending Balance $ 5,259 $ 1,406 $ 1,193 $ 7,858 Mortgage Loans on Real Estate Commercial and Industrial Consumer Total For the Three Months Ended March 31, 2018 Beginning Balance $ 3,864 $ 878 $ 3,028 $ 7,770 Charge-offs (31 ) (14 ) (343 ) (388 ) Recoveries 27 — 194 221 Provision (recovery of) 330 179 (189 ) 320 Ending Balance $ 4,190 $ 1,043 $ 2,690 $ 7,923
Company's Recorded Investment and Borrowers' Unpaid Principal Balances for Impaired Loans, Excluding PCI Loans, with Associated ALL Amount	The following tables present the Company’s recorded investment and the borrowers’ unpaid principal balances for impaired loans, excluding PCI loans, with the associated ALL amount, if applicable, as of the dates stated. As of March 31, 2019 As of December 31, 2018 Recorded Investment Borrowers’ Unpaid Principal Balance Related Allowance Recorded Investment Borrowers’ Unpaid Principal Balance Related Allowance With no related allowance: Construction, land and land development $ 332 $ 403 $ — $ 335 $ 406 $ — Commercial mortgages (non-owner occupied) — — — 386 386 — Commercial mortgages (owner occupied) 382 382 — — — — Residential first mortgages 1,428 1,428 — — — — Residential revolving and junior mortgages — — — 1,028 1,028 — Commercial and industrial — — — — — — Consumer — — — — — — Total impaired loans with no related allowance 2,142 2,213 — 1,749 1,820 — With an allowance recorded: Construction, land and land development 274 274 135 275 275 132 Commercial mortgages (non-owner occupied) 435 435 35 443 443 18 Commercial mortgages (owner occupied) 1,063 1,063 56 1,069 1,069 57 Residential first mortgages 3,029 3,029 641 3,447 3,447 565 Residential revolving and junior mortgages 501 501 284 502 502 264 Commercial and industrial — — — — — — Consumer 120 120 120 121 121 121 Total impaired loans with allowance recorded 5,422 5,422 1,271 5,857 5,857 1,157 Total impaired loans: Construction, land and land development 606 677 135 610 681 132 Commercial mortgages (non-owner occupied) 435 435 35 829 829 18 Commercial mortgages (owner occupied) 1,445 1,445 56 1,069 1,069 57 Residential first mortgages 4,457 4,457 641 3,447 3,447 565 Residential revolving and junior mortgages 501 501 284 1,530 1,530 264 Commercial and industrial — — — — — — Consumer 120 120 120 121 121 121 Total impaired loans $ 7,564 $ 7,635 $ 1,271 $ 7,606 $ 7,677 $ 1,157 The following table presents the average recorded investment and interest income recognized for impaired loans, excluding PCI loans, for the periods presented. For the Three Months Ended March 31, 2019 March 31, 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance: Construction, land and land development $ 334 $ 2 $ 851 $ 1 Commercial mortgages (non-owner occupied) — — — — Commercial mortgages (owner occupied) 384 6 1,777 7 Residential first mortgages 1,431 19 1,510 17 Residential revolving and junior mortgages — — 414 1 Commercial and industrial — — — — Consumer — — — 1 Total impaired loans with no allowance 2,149 27 4,552 27 With an allowance recorded: Construction, land and land development 274 4 500 5 Commercial mortgages (non-owner occupied) 439 23 — — Commercial mortgages (owner occupied) 1,066 14 544 6 Residential first mortgages 3,034 33 2,159 10 Residential revolving and junior mortgages 502 3 1,357 3 Commercial and industrial — — 97 — Consumer 121 2 — — Total impaired loans with allowance recorded 5,436 79 4,657 24 Total impaired loans: Construction, land and land development 608 6 1,351 6 Commercial mortgages (non-owner occupied) 439 23 — — Commercial mortgages (owner occupied) 1,450 20 2,321 13 Residential first mortgages 4,465 52 3,669 27 Residential revolving and junior mortgages 502 3 1,771 4 Commercial and industrial — — 97 — Consumer 121 2 — 1 Total impaired loans $ 7,585 $ 106 $ 9,209 $ 51
Reconciliation of Nonaccrual Loans to Impaired Loans	The following table presents a reconciliation of nonaccrual loans to impaired loans as of the dates stated.
Summary of Troubled Debt Restructurings	Loans modified as TDRs are considered impaired and are individually evaluated for impairment for the ALL. The following table presents by loan type information related to loans modified as TDRs for the periods presented. For the Three Months Ended For the Three Months Ended March 31, 2019 March 31, 2018 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Residential first mortgages (1) — $ — $ — 3 $ 560 $ 562 (1) Modifications were an extension of the loan term.
Summary of Roll Forward of Accruing and Nonaccrual TDRs	The following table presents a roll-forward of accruing and nonaccrual TDRs for the period presented. Accruing Nonaccrual Total Balance as of December 31, 2018 $ 4,115 $ 1,477 $ 5,592 Charge-offs — — — Payments and other adjustments (21 ) (6 ) (27 ) New TDR designation — — — Release TDR designation — — — Transfer (616 ) 616 — Balance as of March 31, 2019 $ 3,478 $ 2,087 $ 5,565

Other Real Estate Owned, Net (T

Other Real Estate Owned, Net (Tables)	3 Months Ended
	Mar. 31, 2019
Banking And Thrift [Abstract]
Carrying Values of Properties Included in Other Real Estate Owned (OREO)	The following table presents the number and carrying values of properties included in other real estate owned (“OREO”) as of the dates stated. March 31, 2019 December 31, 2018 Number of Carrying Number of Carrying Properties Value Properties Value Residential 7 $ 1,477 6 $ 1,339 Land 16 1,724 17 1,741 Commercial properties 3 517 3 517 Total other real estate owned, net 26 3,718 26 3,597

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Schedule of ROU Asset and Lease Liabilities	The following table presents the ROU assets and lease liabilities as of the date stated. ROU assets and lease liabilities are included in other assets and other liabilities, respectively, in the Company’s consolidated balance sheets. March 31, 2019 Operating lease right-of-use assets $ 4,127 Current operating lease liabilities 766 Noncurrent lease liabilities 3,700 Total operating lease liabilities $ 4,466
Schedule Weighted Average Remaining Lease Term and Discount Rate Associated with Operating Leases	The following table presents the weighted average remaining lease term and discount rate associated with the Company’s operating leases as of the date stated. March 31, 2019 Weighted average remaining lease term - operating leases 8 years Weighted average discount rate - operating leases 3.14 %
Maturity Analysis of Operating Lease Liabilities	The following table presents a maturity analysis of the Company’s operating lease liabilities for the subsequent periods after March 31, 2019 and in total thereafter. 2019 $ 663 2020 894 2021 925 2022 547 2023 296 Thereafter 1,746 Total 5,071 Less interest (605 ) Lease liability $ 4,466
Supplemental Cash Flow Information Related to Leases	The following table presents supplemental cash flow information related to the Company’s operating leases for the period stated. For the Three Months Ended March 31, 2019 Cash paid for amount included in the measurement of lease liabilities: Operating cash flows from operating leases $ 246 Right-of-use assets obtained in exchange for new operating lease liabilities $ 826

Earnings per share (Tables)

Earnings per share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Weighted Average Number of Shares Used in Computing Earnings per Share	The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock. For the Three Months Ended March 31, 2019 2018 Net income $ 1,492 $ 1,124 Weighted average shares outstanding, basic 12,972,850 13,038,593 Dilutive shares: Stock options 33,944 67,596 Restricted stock 2,023 25 Weighted average shares outstanding, dilutive 13,008,817 13,106,214 Basic and diluted earnings per share $ 0.11 $ 0.09

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Advances of Borrowings	The following table presents information regarding the two advances outstanding as of March 31, 2019. Stated Maturity Balance Originated Interest Rate Date Adjustable rate hybrid $ 10,000 4/12/2013 5.18 % 4/13/2020 Fixed rate credit 90,000 3/4/2019 2.55 % 4/5/2019 Total FHLB borrowings $ 100,000

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of Fair Value Measurements as of March 31, 2019 Using Balance as of March 31, 2019 Level 1 Level 2 Level 3 Available-for-sale securities: U. S. Government agencies and mortgage backed securities $ 49,304 $ — $ 49,304 $ — State and municipal obligations 20,531 — 20,531 — Corporate bonds 12,195 — 8,526 3,669 Total available-for-sale securities $ 82,030 $ — $ 78,361 $ 3,669 Mortgage servicing rights $ 923 $ — $ — $ 923 Rabbi trust assets $ 1,062 $ 1,062 $ — Fair Value Measurements as of December 31, 2018 Using Balance as of December 31, 2018 Level 1 Level 2 Level 3 Available-for-sale securities: U. S. Government agencies and mortgage backed securities $ 49,882 $ — $ 49,882 $ — State and municipal obligations 20,217 — 20,217 — Corporate bonds 12,133 — 8,462 3,671 Total available-for-sale securities $ 82,232 $ — $ 78,561 $ 3,671 Mortgage servicing rights $ 977 $ — $ — $ 977 Rabbi trust assets $ 972 $ 972
Reconciliation of Items Using Level Three Inputs	The following table presents the change in financial assets valued using Level 3 inputs for the periods stated. MSRs Corporate Bonds Balance as of January 1, 2019 $ 977 $ 3,671 Purchases — Impairments — — Fair value adjustments (54 ) (2 ) Sales — — Balance as of March 31, 2019 $ 923 $ 3,669
Summary of Assets Measured at Fair Value on Nonrecurring Basis	The following tables present the Company’s assets that were measured at fair value on a nonrecurring basis as of the dates stated. Fair Value Measurements as of March 31, 2019 Using Balance as of March 31, 2019 Level 1 Level 2 Level 3 Impaired loans, net $ 4,151 $ — $ — $ 4,151 Other real estate owned, net 3,718 — — 3,718 Fair Value Measurements as of December 31, 2018 Using Balance as of December 31, 2018 Level 1 Level 2 Level 3 Impaired loans, net $ 4,700 $ — $ — $ 4,700 Other real estate owned, net 3,597 — — 3,597
Summary of Quantitative Fair Value Measurements for Level 3	The following tables present quantitative information about Level 3 fair value measurements as of the dates stated. Balance as of March 31, 2019 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans, net $ 4,151 Discounted appraised value Selling Cost Lack of Marketability 20%-25% (20%) 100% Discounted cash flows Discount rate 5%-7% (6%) Other real estate owned, net 3,718 Discounted appraised value Selling Cost Lack of Marketability 6%-32% (13%) 9%-100% (27%) Balance as of December 31, 2018 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans, net $ 4,700 Discounted appraised value Selling Cost Lack of Marketability 15%-20% (16%) 100% (100%) Discounted cash flows Discount rate 5%-7% (6%) Other real estate owned, net 3,597 Discounted appraised value Selling Cost Lack of Marketability 5%-19% (8%) 9%-100% (28%)
Summary of Assets and Liabilities at Carrying Value and Estimated Fair Value on a Nonrecurring Basis	The following tables summarize the Company’s financial assets and liabilities at carrying values and estimated fair values on a nonrecurring basis as of the dates stated. Carrying Value as of Fair Value as of Fair Value Measurements as of March 31, 2019 Using March 31, 2019 March 31, 2019 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,404 $ 7,404 $ 7,404 $ — $ — Interest-earning deposits 23,091 23,091 23,091 — — Certificates of deposit 3,746 3,746 — 3,746 — Federal funds sold 182 182 182 — — Restricted securities 7,804 7,804 — — 7,804 Loans receivable, net 910,762 896,740 — — 896,740 Loans held for sale — — — — — Accrued interest receivable 3,274 3,274 — 3,274 — Financial Liabilities: Noninterest-bearing demand deposits 112,315 112,315 112,315 — — Savings and interest-bearing demand deposits 371,587 330,690 330,690 — — Time deposits 372,751 372,921 — — 372,921 Securities sold under repurchase agreements 7,220 7,220 7,220 — — FHLB advances 100,000 99,773 — 99,773 — Subordinated notes, net 6,897 7,045 — — 7,045 Carrying Value as of Fair Value as of Fair Value Measurements as of December 31, 2018 Using December 31, 2018 December 31, 2018 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,685 $ 7,685 $ 7,685 $ — $ — Interest-earning deposits 18,981 18,981 18,981 — — Certificates of deposit 3,746 3,746 — 3,746 — Federal funds sold 625 625 625 — — Restricted securities 7,600 7,600 — — 7,600 Loans receivable, net 894,191 877,114 — — 877,114 Loans held for sale 368 368 — 368 — Accrued interest receivable 3,172 3,172 — 3,172 — Financial Liabilities: Noninterest-bearing demand deposits 114,122 114,122 114,122 — — Savings and interest-bearing demand deposits 359,400 359,400 359,400 — — Time deposits 368,670 369,347 — — 369,347 Securities sold under repurchase agreements 6,089 6,089 6,089 — — FHLB advances 100,000 99,727 — 99,727 — Subordinated notes, net 6,893 7,046 — — 7,046

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Loss), net (Tables)	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss) Net of Deferred Taxes	The components of accumulated other comprehensive income (loss), net of deferred taxes, are presented in the following table for the period presented. For the Three Months Ended March 31, 2019 Net Unrealized Losses on Securities Pension and Post-retirement Benefit Plans Accumulated Other Comprehensive Loss, net Balance as of January 1, 2019 $ (1,252 ) $ (75 ) $ (1,327 ) Change in net unrealized holding gain (loss) on available-for-sale securities, net of deferred tax expense of $214 806 — 806 Balance as of March 31, 2019 $ (446 ) $ (75 ) $ (521 )

Amendments to the Accounting _2

Amendments to the Accounting Standards Codification - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating lease right of use asset	$ 4,127
Operating lease liability	4,466
ASU 2016-02
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating lease right of use asset	3,500
Operating lease liability	3,800
Cumulative effect adjustment	$ 45

Securities - Aggregate Amortize

Securities - Aggregate Amortized Costs and Fair Values of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 82,589	$ 83,804
Gross Unrealized Gains	312	118
Gross Unrealized (Losses)	(871)	(1,690)
Fair Value	82,030	82,232	[1]
US Government Agencies and Mortgage Backed Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	49,965	51,126
Gross Unrealized Gains	74	35
Gross Unrealized (Losses)	(735)	(1,279)
Fair Value	49,304	49,882
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	20,437	20,484
Gross Unrealized Gains	192	60
Gross Unrealized (Losses)	(98)	(327)
Fair Value	20,531	20,217
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	12,187	12,194
Gross Unrealized Gains	46	23
Gross Unrealized (Losses)	(38)	(84)
Fair Value	$ 12,195	$ 12,133
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]
Fair value of securities	$ 18,800	$ 17,500
Debt Securities, Available-for-sale, Restriction Type [Extensible List]	us-gaap:CollateralPledgedMember	us-gaap:CollateralPledgedMember
Securities sold under repurchase agreements	$ 7,220	$ 6,089	[1]
Company's investment in Federal Home Loan Bank stock	5,200	5,100
Company's investment in Federal Reserve Bank stock	2,400	2,300
Investment in primary correspondent bank stock	$ 220	$ 220
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Securities - Unrealized Loss Po

Securities - Unrealized Loss Positions (Detail) $ in Thousands	Mar. 31, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
Schedule of Available-for-sale Securities [Line Items]
Number of Securities | Security	80	98
Less than 12 months, Fair Value	$ 5,357	$ 11,376
Less than 12 months, Unrealized Loss	(41)	(133)
12 months or more, Fair Value	47,918	52,962
12 months or more, Unrealized Loss	(830)	(1,557)
Fair Value, Total	53,275	64,338
Total Unrealized Loss	$ (871)	$ (1,690)
US Government Agencies and Mortgage Backed Securities
Schedule of Available-for-sale Securities [Line Items]
Number of Securities | Security	50	54
Less than 12 months, Fair Value	$ 161	$ 2,911
Less than 12 months, Unrealized Loss	(2)	(22)
12 months or more, Fair Value	40,648	43,843
12 months or more, Unrealized Loss	(733)	(1,257)
Fair Value, Total	40,809	46,754
Total Unrealized Loss	$ (735)	$ (1,279)
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Number of Securities | Security	26	39
Less than 12 months, Fair Value	$ 660	$ 2,723
Less than 12 months, Unrealized Loss	(3)	(27)
12 months or more, Fair Value	6,772	9,119
12 months or more, Unrealized Loss	(95)	(300)
Fair Value, Total	7,432	11,842
Total Unrealized Loss	$ (98)	$ (327)
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Number of Securities | Security	4	5
Less than 12 months, Fair Value	$ 4,536	$ 5,742
Less than 12 months, Unrealized Loss	(36)	(84)
12 months or more, Fair Value	498
12 months or more, Unrealized Loss	(2)
Fair Value, Total	5,034	5,742
Total Unrealized Loss	$ (38)	$ (84)

Securities - Summary of Amortiz

Securities - Summary of Amortized Cost and Fair Value by Contractual Maturity of Securities Available for Sale Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]
Due in one year or less, Amortized Cost	$ 2,351	$ 1,080
Due after one year but less than five years, Amortized Cost	47,354	47,065
Due after five years but less than ten years, Amortized Cost	25,015	26,615
Due after ten years, Amortized Cost	7,869	9,044
Amortized Cost	82,589	83,804
Due in one year or less, Fair Value	2,355	1,079
Due after one year but less than five years, Fair Value	47,006	46,358
Due after five years but less than ten years, Fair Value	24,956	26,149
Due after ten years, Fair Value	7,713	8,646
Total available-for-sale securities, Fair Value	$ 82,030	$ 82,232	[1]
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Loans - Summary of Loans (Detai

Loans - Summary of Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Summary of balances of loans
Total loans	$ 918,949	$ 902,345
Net unamortized deferred loan (fees)	(329)	(252)
Allowance for loan losses	(7,858)	(7,902)	[1]
Loans receivable, net	910,762	894,191	[1]
Construction, land and land development
Summary of balances of loans
Total loans	117,502	109,475
Commercial mortgages (non-owner occupied)
Summary of balances of loans
Total loans	180,007	180,074
Commercial mortgages (owner occupied)
Summary of balances of loans
Total loans	88,644	87,241
Residential first mortgages
Summary of balances of loans
Total loans	303,090	298,894
Residential revolving and junior mortgages
Summary of balances of loans
Total loans	36,251	38,313
Commercial and industrial
Summary of balances of loans
Total loans	173,360	164,608
Consumer
Summary of balances of loans
Total loans	$ 20,095	$ 23,740
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Loans - Additional Information

Loans - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral	$ 234,300	$ 229,100
30-89 Days Past Due	$ 4,934	$ 2,387
Percentage of excess loan balance for watch category	90.00%
Four Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 2,200
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of days past due for a loan to remain on accrual status	90 days
Number of days loans past due still accruing include purchased credit-impaired loans	90 days

Loans - Recorded Investment for

Loans - Recorded Investment for Past Due and Non-accruing Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 4,934	$ 2,387
90 Days or More Past Due and Still Accruing	47	111
Nonaccrual	5,384	5,206
Total Past Due and Nonaccrual	10,365	7,704
Current	908,584	894,641
Total Loans	918,949	902,345
Construction, land and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	137	552
Nonaccrual	914	740
Total Past Due and Nonaccrual	1,051	1,292
Current	116,451	108,183
Total Loans	117,502	109,475
Commercial mortgages (non-owner occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		50
Nonaccrual	435	996
Total Past Due and Nonaccrual	435	1,046
Current	179,572	179,028
Total Loans	180,007	180,074
Commercial mortgages (owner occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	1,573
90 Days or More Past Due and Still Accruing	23	56
Nonaccrual	1,060	1,064
Total Past Due and Nonaccrual	2,656	1,120
Current	85,988	86,121
Total Loans	88,644	87,241
Residential first mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	2,735	1,341
90 Days or More Past Due and Still Accruing	24	55
Nonaccrual	1,846	1,361
Total Past Due and Nonaccrual	4,605	2,757
Current	298,485	296,137
Total Loans	303,090	298,894
Residential revolving and junior mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	179	115
Nonaccrual	803	782
Total Past Due and Nonaccrual	982	897
Current	35,269	37,416
Total Loans	36,251	38,313
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual		48
Total Past Due and Nonaccrual		48
Current	173,360	164,560
Total Loans	173,360	164,608
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	310	329
Nonaccrual	326	215
Total Past Due and Nonaccrual	636	544
Current	19,459	23,196
Total Loans	$ 20,095	$ 23,740

Loans - Summary of Recorded Inv

Loans - Summary of Recorded Investment of Purchased Impaired Loans (Detail) - PCI Loans - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	$ 306	$ 115
90 Days or More Past Due and Still Accruing	47	111
Nonaccrual	0	0
Total Past Due and Nonaccrual	353	226
Current	4,917	5,097
Total PCI Loans	5,270	5,323
Construction, land and land development
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	23	23
Nonaccrual	0	0
Total Past Due and Nonaccrual	23	23
Current	1,348	1,355
Total PCI Loans	1,371	1,378
Commercial mortgages (non-owner occupied)
Financing Receivable, Impaired [Line Items]
Nonaccrual	0	0
Current	135	142
Total PCI Loans	135	142
Commercial mortgages (owner occupied)
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	26
90 Days or More Past Due and Still Accruing	23	56
Nonaccrual	0	0
Total Past Due and Nonaccrual	49	56
Current	232	237
Total PCI Loans	281	293
Residential first mortgages
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	257	92
90 Days or More Past Due and Still Accruing	24	55
Nonaccrual	0	0
Total Past Due and Nonaccrual	281	147
Current	3,154	3,317
Total PCI Loans	3,435	3,464
Residential revolving and junior mortgages
Financing Receivable, Impaired [Line Items]
Nonaccrual	0	0
Commercial and industrial
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	0	0
90 Days or More Past Due and Still Accruing	0	0
Nonaccrual	0	0
Total Past Due and Nonaccrual	0	0
Current	0	0
Total PCI Loans	0	0
Consumer
Financing Receivable, Impaired [Line Items]
Nonaccrual	0	0
Current	48	46
Total PCI Loans	$ 48	$ 46

Loans - Summary of Changes in A

Loans - Summary of Changes in Accretable Yield for PCI Loans (Detail) - PCI Loans $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance Beginning	$ 1,083
Accretion of acquisition accounting adjustment	(86)
Reclassifications from nonaccretable balance, net	45
Other changes, net	65
Balance Ending	$ 1,107

Loans - Internal Risk Rating Gr

Loans - Internal Risk Rating Grades (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
INTERNAL RISK RATING GRADES
Loan Receivables	$ 918,949	$ 902,345
Pass
INTERNAL RISK RATING GRADES
Loan Receivables	857,956	838,340
Watch
INTERNAL RISK RATING GRADES
Loan Receivables	50,525	52,158
Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	679	2,260
Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	9,789	9,587
Construction, Land and Land Development
INTERNAL RISK RATING GRADES
Loan Receivables	117,502	109,475
Construction, Land and Land Development | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	108,907	101,007
Construction, Land and Land Development | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	6,236	6,299
Construction, Land and Land Development | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	67	68
Construction, Land and Land Development | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,292	2,101
Commercial Mortgages (Non-Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	180,007	180,074
Commercial Mortgages (Non-Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	176,780	174,661
Commercial Mortgages (Non-Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	2,657	4,275
Commercial Mortgages (Non-Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	570	1,138
Commercial Mortgages (Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	88,644	87,241
Commercial Mortgages (Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	78,620	79,375
Commercial Mortgages (Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	8,644	6,522
Commercial Mortgages (Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	158	107
Commercial Mortgages (Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,222	1,237
Residential First Mortgages
INTERNAL RISK RATING GRADES
Loan Receivables	303,090	298,894
Residential First Mortgages | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	285,717	280,663
Residential First Mortgages | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	14,049	14,709
Residential First Mortgages | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	454	1,071
Residential First Mortgages | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,870	2,451
Residential Revolving and Junior Mortgages
INTERNAL RISK RATING GRADES
Loan Receivables	36,251	38,313
Residential Revolving and Junior Mortgages | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	34,218	35,900
Residential Revolving and Junior Mortgages | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	905	1,306
Residential Revolving and Junior Mortgages | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,128	1,107
Commercial and Industrial
INTERNAL RISK RATING GRADES
Loan Receivables	173,360	164,608
Commercial and Industrial | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	167,408	158,590
Commercial and Industrial | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	4,587	3,802
Commercial and Industrial | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables		893
Commercial and Industrial | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,365	1,323
Consumer
INTERNAL RISK RATING GRADES
Loan Receivables	20,095	23,740
Consumer | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	6,306	8,144
Consumer | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	13,447	15,245
Consumer | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables		121
Consumer | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	$ 342	$ 230

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans measurement	Impaired loans measured individually for impairment generally include (1) any loan risk rated Special Mention or worse where the borrower has filed for bankruptcy; (2) all loans risk rated Substandard or worse with balances of $400 thousand or more; and (3) all loans classified as a troubled debt restructuring (“TDR”).
Loan Receivables	$ 918,949,000	$ 902,345,000
Loans modified as TDRs	0		$ 0
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan Receivables	9,789,000	$ 9,587,000
Minimum | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan Receivables	400,000
Maximum | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan Receivables	$ 400,000

Allowance for Loan Losses - Loa

Allowance for Loan Losses - Loans Evaluated for Impairment Individually and Collectively by Type (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	$ 1,271	$ 1,157
Loans collectively evaluated for impairment	6,587	6,745
Purchased credit-impaired loans	0	0
Total allowance for loan losses	7,858	7,902	$ 7,923	$ 7,770
Loans individually evaluated for impairment	7,564	7,606
Loans collectively evaluated for impairment	906,115	889,416
Purchased credit-impaired loans	5,270	5,323
Total Loans	918,949	902,345
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	1,151	1,036
Loans collectively evaluated for impairment	4,108	3,931
Purchased credit-impaired loans	0	0
Total allowance for loan losses	5,259	4,967	4,190	3,864
Loans individually evaluated for impairment	7,444	7,485
Loans collectively evaluated for impairment	712,828	701,235
Purchased credit-impaired loans	5,222	5,277
Total Loans	725,494	713,997
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans collectively evaluated for impairment	1,406	1,374
Purchased credit-impaired loans	0	0
Total allowance for loan losses	1,406	1,374	1,043	878
Loans collectively evaluated for impairment	173,360	164,608
Total Loans	173,360	164,608
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	120	121
Loans collectively evaluated for impairment	1,073	1,440
Purchased credit-impaired loans	0	0
Total allowance for loan losses	1,193	1,561	$ 2,690	$ 3,028
Loans individually evaluated for impairment	120	121
Loans collectively evaluated for impairment	19,927	23,573
Purchased credit-impaired loans	48	46
Total Loans	$ 20,095	$ 23,740

Allowance for Loan Losses - ALL

Allowance for Loan Losses - ALL by Loan Type (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	$ 7,902	$ 7,770
Charge-offs	(461)	(388)
Recoveries	103	221
Provision (recovery of)	314	320
Ending Balance	7,858	7,923
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	4,967	3,864
Charge-offs	(54)	(31)
Recoveries	24	27
Provision (recovery of)	322	330
Ending Balance	5,259	4,190
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	1,374	878
Charge-offs		(14)
Recoveries	1
Provision (recovery of)	31	179
Ending Balance	1,406	1,043
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	1,561	3,028
Charge-offs	(407)	(343)
Recoveries	78	194
Provision (recovery of)	(39)	(189)
Ending Balance	$ 1,193	$ 2,690

Allowance for Loan Losses - Com

Allowance for Loan Losses - Company's Recorded Investment and Borrowers' Unpaid Principal Balances for Impaired Loans, Excluding PCI Loans, with Associated ALL Amount (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	$ 2,142		$ 1,749
With no related allowance, Borrowers' Unpaid Principal Balance	2,213		1,820
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	5,422		5,857
With an allowance recorded, Borrowers' Unpaid Principal Balance	5,422		5,857
With an allowance recorded, Related Allowance	1,271		1,157
Total Impaired Loans, Recorded Investment	7,564		7,606
Total Impaired Loans, Borrowers' Unpaid Principal Balance	7,635		7,677
With no related allowance, Average Recorded Investment	2,149	$ 4,552
With no related allowance, Interest Income Recognized	27	27
With an allowance recorded, Average Recorded Investment	5,436	4,657
With an allowance recorded, Interest Income Recognized	79	24
Total, Average Recorded Investment	7,585	9,209
Total, Interest Income Recognized	106	51
Construction, land and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	332		335
With no related allowance, Borrowers' Unpaid Principal Balance	403		406
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	274		275
With an allowance recorded, Borrowers' Unpaid Principal Balance	274		275
With an allowance recorded, Related Allowance	135		132
Total Impaired Loans, Recorded Investment	606		610
Total Impaired Loans, Borrowers' Unpaid Principal Balance	677		681
With no related allowance, Average Recorded Investment	334	851
With no related allowance, Interest Income Recognized	2	1
With an allowance recorded, Average Recorded Investment	274	500
With an allowance recorded, Interest Income Recognized	4	5
Total, Average Recorded Investment	608	1,351
Total, Interest Income Recognized	6	6
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment			386
With no related allowance, Borrowers' Unpaid Principal Balance			386
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	435		443
With an allowance recorded, Borrowers' Unpaid Principal Balance	435		443
With an allowance recorded, Related Allowance	35		18
Total Impaired Loans, Recorded Investment	435		829
Total Impaired Loans, Borrowers' Unpaid Principal Balance	435		829
With an allowance recorded, Average Recorded Investment	439
With an allowance recorded, Interest Income Recognized	23
Total, Average Recorded Investment	439
Total, Interest Income Recognized	23
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	382
With no related allowance, Borrowers' Unpaid Principal Balance	382
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	1,063		1,069
With an allowance recorded, Borrowers' Unpaid Principal Balance	1,063		1,069
With an allowance recorded, Related Allowance	56		57
Total Impaired Loans, Recorded Investment	1,445		1,069
Total Impaired Loans, Borrowers' Unpaid Principal Balance	1,445		1,069
With no related allowance, Average Recorded Investment	384	1,777
With no related allowance, Interest Income Recognized	6	7
With an allowance recorded, Average Recorded Investment	1,066	544
With an allowance recorded, Interest Income Recognized	14	6
Total, Average Recorded Investment	1,450	2,321
Total, Interest Income Recognized	20	13
Residential first mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	1,428
With no related allowance, Borrowers' Unpaid Principal Balance	1,428
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	3,029		3,447
With an allowance recorded, Borrowers' Unpaid Principal Balance	3,029		3,447
With an allowance recorded, Related Allowance	641		565
Total Impaired Loans, Recorded Investment	4,457		3,447
Total Impaired Loans, Borrowers' Unpaid Principal Balance	4,457		3,447
With no related allowance, Average Recorded Investment	1,431	1,510
With no related allowance, Interest Income Recognized	19	17
With an allowance recorded, Average Recorded Investment	3,034	2,159
With an allowance recorded, Interest Income Recognized	33	10
Total, Average Recorded Investment	4,465	3,669
Total, Interest Income Recognized	52	27
Residential revolving and junior mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment			1,028
With no related allowance, Borrowers' Unpaid Principal Balance			1,028
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	501		502
With an allowance recorded, Borrowers' Unpaid Principal Balance	501		502
With an allowance recorded, Related Allowance	284		264
Total Impaired Loans, Recorded Investment	501		1,530
Total Impaired Loans, Borrowers' Unpaid Principal Balance	501		1,530
With no related allowance, Average Recorded Investment		414
With no related allowance, Interest Income Recognized		1
With an allowance recorded, Average Recorded Investment	502	1,357
With an allowance recorded, Interest Income Recognized	3	3
Total, Average Recorded Investment	502	1,771
Total, Interest Income Recognized	3	4
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Related Allowance	0		0
With an allowance recorded, Average Recorded Investment		97
Total, Average Recorded Investment		97
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Related Allowance	0		0
With an allowance recorded, Recorded Investment	120		121
With an allowance recorded, Borrowers' Unpaid Principal Balance	120		121
With an allowance recorded, Related Allowance	120		121
Total Impaired Loans, Recorded Investment	120		121
Total Impaired Loans, Borrowers' Unpaid Principal Balance	120		$ 121
With no related allowance, Interest Income Recognized		1
With an allowance recorded, Average Recorded Investment	121
With an allowance recorded, Interest Income Recognized	2
Total, Average Recorded Investment	121
Total, Interest Income Recognized	$ 2	$ 1

Allowance for Loan Losses - Rec

Allowance for Loan Losses - Reconciliation of Nonaccrual Loans to Impaired Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Nonaccrual loans	$ 5,384	$ 5,206
Nonaccrual loans collectively evaluated for impairment	(1,622)	(2,040)
Nonaccrual impaired loans	3,762	3,166
TDRs on accrual	3,478	4,115
Other impaired loans on accrual	324	325
Total impaired loans	$ 7,564	$ 7,606

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Troubled Debt Restructurings (Detail) - Residential First Mortgages $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)Loan	[1]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	3
Pre-Modification Outstanding Recorded Investment	$ 560
Post-Modification Outstanding Recorded Investment	$ 562
[1]	Modifications were an extension of the loan term.

Allowance for Loan Losses - S_2

Allowance for Loan Losses - Summary of Roll Forward of Accruing and Nonaccrual TDRs (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Financing Receivable, Impaired [Line Items]
Beginning Balance	$ 7,902	[1]
Ending Balance	7,858
Accruing
Financing Receivable, Impaired [Line Items]
Beginning Balance	4,115
Charge-offs	0
Payments and other adjustments	(21)
Release TDR designation	0
Transfer	(616)
Ending Balance	3,478
Nonaccrual
Financing Receivable, Impaired [Line Items]
Beginning Balance	1,477
Charge-offs	0
Payments and other adjustments	(6)
Release TDR designation	0
Transfer	616
Ending Balance	2,087
Troubled Debt Restructuring
Financing Receivable, Impaired [Line Items]
Beginning Balance	5,592
Charge-offs	0
Payments and other adjustments	(27)
Release TDR designation	0
Transfer	0
Ending Balance	$ 5,565
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Other Real Estate Owned, Net -

Other Real Estate Owned, Net - Carrying Values of Properties Included in Other Real Estate Owned (OREO) (Detail) $ in Thousands	Mar. 31, 2019USD ($)Property	Dec. 31, 2018USD ($)Property
Real Estate Properties [Line Items]
No. of Properties | Property	26	26
Carrying Value | $	$ 3,718	$ 3,597	[1]
Residential
Real Estate Properties [Line Items]
No. of Properties | Property	7	6
Carrying Value | $	$ 1,477	$ 1,339
Land
Real Estate Properties [Line Items]
No. of Properties | Property	16	17
Carrying Value | $	$ 1,724	$ 1,741
Commercial properties
Real Estate Properties [Line Items]
No. of Properties | Property	3	3
Carrying Value | $	$ 517	$ 517
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Other Real Estate Owned, Net _2

Other Real Estate Owned, Net - Additional Information (Detail) - Residential $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)Property
Other Real Estate [Line Items]
Residential properties collateralized with loan | Property	1
Mortgage loans in process of foreclosure | $	$ 13

Leases - Additional Information

Leases - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2019USD ($)Lease
Lessee Lease Description [Line Items]
Operating lease expense	$ 227,000
Operating lease, ROU asset	4,127,000
Operating lease liability	4,466,000
Operating lease not yet commenced, right of use asset	478,000
Operating lease not yet commenced, lease liability	$ 473,000
Operating lease not yet commenced, lease terms	10 years
Lessee operating lease not yet commenced, renewal term	5 years
Lessee operating lease not yet commenced, option to extend	true
ASU 2016-02
Lessee Lease Description [Line Items]
Number of operating leases identified | Lease	16
Operating lease, option to extend	true
Operating lease, ROU asset	$ 3,500,000
Operating lease liability	3,800,000
Cumulative effect adjustment to retained earnings	45,000
Minimum fair value threshold for lease contract	7,500
ASU 2016-02 | Richmond, Virginia
Lessee Lease Description [Line Items]
Operating lease, ROU asset	826,000
Operating lease liability	$ 826,000
ASU 2016-02 | Minimum
Lessee Lease Description [Line Items]
Operating lease term	1 year
ASU 2016-02 | Maximum [Member]
Lessee Lease Description [Line Items]
Operating lease term	10 years
Operating lease, renewal term	5 years

Leases - Schedule of ROU Asset

Leases - Schedule of ROU Asset and Lease Liabilities (Detail) $ in Thousands	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 4,127
Current operating lease liabilities	766
Noncurrent lease liabilities	3,700
Total operating lease liabilities	$ 4,466

Leases - Schedule Weighted Aver

Leases - Schedule Weighted Average Remaining Lease Term and Discount Rate Associated with Operating Leases (Detail)	Mar. 31, 2019
Leases [Abstract]
Weighted average remaining lease term - operating leases	8 years
Weighted average discount rate - operating leases	3.14%

Leases - Maturity Analysis of O

Leases - Maturity Analysis of Operating Lease Liabilities (Detail) $ in Thousands	Mar. 31, 2019USD ($)
Leases [Abstract]
2019	$ 663
2020	894
2021	925
2022	547
2023	296
Thereafter	1,746
Total	5,071
Less interest	(605)
Operating lease liability	$ 4,466

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Operating Leases (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Cash paid for amount included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 246
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 826

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Employee Stock Ownership Plan (ESOP), Plan
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	210,005	161,369
Unearned Employee Stock Ownership Plan Shares
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	88,784	87,548

Earnings Per Share - Weighted A

Earnings Per Share - Weighted Average Number of Shares Used in Computing Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income	$ 1,492	$ 1,124
Weighted average shares outstanding, basic	12,972,850	13,038,593
Dilutive shares:
Weighted average shares outstanding, dilutive	13,008,817	13,106,214
Basic and diluted earnings per share	$ 0.11	$ 0.09
Stock Option
Dilutive shares:
Effect of dilutive securities	33,944	67,596
Restricted Stock
Dilutive shares:
Effect of dilutive securities	2,023	25

Borrowings - Additional Informa

Borrowings - Additional Information (Detail)	May 28, 2015USD ($)	Mar. 31, 2019USD ($)Loan	Mar. 31, 2018	Dec. 31, 2018USD ($)Loan
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 100,000,000		$ 100,000,000	[1]
Number of FHLB debt advances | Loan		2		4
Immediate available credit		$ 151,000,000
Total line of credit		269,000,000
Letters of credit issued		18,000,000
Remaining available borrowings under FHLB credit line		$ 18,000,000
Virginia BanCorp
Debt Instrument [Line Items]
Debt instrument, maturity date		Jun. 14, 2024
Debt acquired in merger		$ 1,700,000		$ 1,700,000
Debt instrument, maturity date range, start		Mar. 1, 2019
Debt instrument, maturity date range, end		Dec. 31, 2027
Virginia BanCorp | Four ESOP Notes
Debt Instrument [Line Items]
Interest Rate		3.25%
Virginia BanCorp | One ESOP Notes
Debt Instrument [Line Items]
Interest Rate		4.50%
Subordinated Debt Due May 2025
Debt Instrument [Line Items]
Debt instrument, face amount	$ 7,000,000
Interest Rate	6.50%
Debt instrument, maturity date	May 28, 2025
Debt instrument, frequency of payment		First of March and September of each year
Debt instrument integral multiple principal amount	$ 1,000
Debt instrument redemption period start date	May 28, 2020
Aggregate carrying value of notes, including capitalized debt issuance cost		$ 6,900,000		$ 6,900,000
Effective interest rate		6.84%	6.86%
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Borrowings - Advances of Debt (

Borrowings - Advances of Debt (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	[1]
Debt Instrument [Line Items]
Total FHLB borrowings	$ 100,000	$ 100,000
Adjustable Rate Hybrid | Federal Home Loan Bank Advances One
Debt Instrument [Line Items]
Federal Home Loan Bank advances, Non current	$ 10,000
Originated	Apr. 12, 2013
Stated Interest Rate	5.18%
Maturity Date	Apr. 13, 2020
Fixed Rate Credit | Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances, Current	$ 90,000
Originated	Mar. 4, 2019
Stated Interest Rate	2.55%
Maturity Date	Apr. 5, 2019
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2019Loan$ / Loan	Dec. 31, 2018$ / Loan
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loan segregated, number of pools | Loan	12
Service costs assumed, per loan | $ / Loan	6.50	6.50
Average PSA assumed rate	154.00%	133.00%
Fair Value, Measurements, Recurring | 100% PSA | Fair Value, Inputs, Level 3 | Between First Month and Month 30
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate increase, each month	0.20%
Fair Value, Measurements, Recurring | Prepayment Rate | 100% PSA | Fair Value, Inputs, Level 3 | First Month
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	0
Fair Value, Measurements, Recurring | Prepayment Rate | 100% PSA | Fair Value, Inputs, Level 3 | Month 30
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	6
Fair Value, Measurements, Recurring | Prepayment Rate | 100% PSA | Fair Value, Inputs, Level 3 | Thereafter
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	6
Fair Value, Measurements, Recurring | Discount Rate | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rate	12.5	12.5
Mortgage Servicing Rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of residential loan portfolio	2

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-for-sale securities:
Available-for-sale securities	$ 82,030	$ 82,232	[1]
Mortgage servicing rights	923	977	[1]
Fair Value, Measurements, Recurring
Available-for-sale securities:
Available-for-sale securities	82,030	82,232
Mortgage servicing rights	923	977
Rabbi trust assets	1,062	972
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1
Available-for-sale securities:
Rabbi trust assets	1,062	972
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Available-for-sale securities:
Available-for-sale securities	78,361	78,561
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3
Available-for-sale securities:
Available-for-sale securities	3,669	3,671
Mortgage servicing rights	923	977
US Government Agencies and Mortgage Backed Securities
Available-for-sale securities:
Available-for-sale securities	49,304	49,882
US Government Agencies and Mortgage Backed Securities | Fair Value, Measurements, Recurring
Available-for-sale securities:
Available-for-sale securities	49,304	49,882
US Government Agencies and Mortgage Backed Securities | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Available-for-sale securities:
Available-for-sale securities	49,304	49,882
State and Municipal Obligations
Available-for-sale securities:
Available-for-sale securities	20,531	20,217
State and Municipal Obligations | Fair Value, Measurements, Recurring
Available-for-sale securities:
Available-for-sale securities	20,531	20,217
State and Municipal Obligations | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Available-for-sale securities:
Available-for-sale securities	20,531	20,217
Corporate Bonds
Available-for-sale securities:
Available-for-sale securities	12,195	12,133
Corporate Bonds | Fair Value, Measurements, Recurring
Available-for-sale securities:
Available-for-sale securities	12,195	12,133
Corporate Bonds | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Available-for-sale securities:
Available-for-sale securities	8,526	8,462
Corporate Bonds | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3
Available-for-sale securities:
Available-for-sale securities	$ 3,669	$ 3,671
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Items Using Level Three Inputs (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1, 2019	$ 977
Fair value adjustments	(54)
Balance as of March 31, 2019	923
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1, 2019	3,671
Fair value adjustments	(2)
Balance as of March 31, 2019	$ 3,669

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	$ 4,151	$ 4,700
Other real estate owned, net	3,718	3,597
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	4,151	4,700
Other real estate owned, net	3,718	3,597
Fair Value, Measurements, Nonrecurring | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	4,151	4,700
Other real estate owned, net	$ 3,718	$ 3,597

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Quantitative Fair Value Measurements for Level 3 (Detail) - Fair Value, Inputs, Level 3 $ in Thousands	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Impaired loans, net	$ 4,151	$ 4,700
Other real estate owned, net	$ 3,718	$ 3,597
Impaired Loans | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans		100
Impaired Loans | Minimum | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	20	15
Impaired Loans | Minimum | Discounted Cash Flows | Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	5	5
Impaired Loans | Maximum | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	25	20
Impaired Loans | Maximum | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	100
Impaired Loans | Maximum | Discounted Cash Flows | Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	7	7
Impaired Loans | Weighted Average | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	20	16
Impaired Loans | Weighted Average | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans		100
Impaired Loans | Weighted Average | Discounted Cash Flows | Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Impaired loans	6	6
Other Real Estate Owned | Minimum | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	6	5
Other Real Estate Owned | Minimum | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	9	9
Other Real Estate Owned | Maximum | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	32	19
Other Real Estate Owned | Maximum | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	100	100
Other Real Estate Owned | Weighted Average | Discounted Appraised Value | Selling Cost
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	13	8
Other Real Estate Owned | Weighted Average | Discounted Appraised Value | Lack of Marketability
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Unobservable Input, Other real estate owned	27	28

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Assets and Liabilities at Carrying Value and Estimated Fair Value on a Nonrecurring Basis (Detail) - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Financial Assets:
Cash and due from banks		$ 7,404	$ 7,685	[1]
Certificates of deposit		3,746	3,746	[1]
Federal funds sold		182	625	[1]
Restricted securities		7,804	7,600	[1]
Loans receivable, net		910,762	894,191	[1]
Loans held for sale	[1]		368
Accrued interest receivable		3,274	3,172	[1]
Financial Liabilities:
Savings and interest-bearing demand deposits		371,587	359,400	[1]
Time deposits		372,751	368,670	[1]
Securities sold under repurchase agreements		7,220	6,089	[1]
FHLB advances		100,000	100,000	[1]
Subordinated notes, net		6,897	6,893	[1]
Fair Value, Inputs, Level 1
Financial Assets:
Cash and due from banks		7,404	7,685
Interest-earning deposits		23,091	18,981
Federal funds sold		182	625
Financial Liabilities:
Noninterest-bearing demand deposits		112,315	114,122
Savings and interest-bearing demand deposits		330,690	359,400
Securities sold under repurchase agreements		7,220	6,089
Fair Value, Inputs, Level 2
Financial Assets:
Certificates of deposit		3,746	3,746
Loans held for sale			368
Accrued interest receivable		3,274	3,172
Financial Liabilities:
FHLB advances		99,773	99,727
Fair Value, Inputs, Level 3
Financial Assets:
Restricted securities		7,804	7,600
Loans receivable, net		896,740	877,114
Financial Liabilities:
Time deposits		372,921	369,347
Subordinated notes, net		7,045	7,046
Carrying Value
Financial Assets:
Cash and due from banks		7,404	7,685
Interest-earning deposits		23,091	18,981
Certificates of deposit		3,746	3,746
Federal funds sold		182	625
Restricted securities		7,804	7,600
Loans receivable, net		910,762	894,191
Loans held for sale			368
Accrued interest receivable		3,274	3,172
Financial Liabilities:
Noninterest-bearing demand deposits		112,315	114,122
Savings and interest-bearing demand deposits		371,587	359,400
Time deposits		372,751	368,670
Securities sold under repurchase agreements		7,220	6,089
FHLB advances		100,000	100,000
Subordinated notes, net		6,897	6,893
Fair Value
Financial Assets:
Cash and due from banks		7,404	7,685
Interest-earning deposits		23,091	18,981
Certificates of deposit		3,746	3,746
Federal funds sold		182	625
Restricted securities		7,804	7,600
Loans receivable, net		896,740	877,114
Loans held for sale			368
Accrued interest receivable		3,274	3,172
Financial Liabilities:
Noninterest-bearing demand deposits		112,315	114,122
Savings and interest-bearing demand deposits		330,690	359,400
Time deposits		372,921	369,347
Securities sold under repurchase agreements		7,220	6,089
FHLB advances		99,773	99,727
Subordinated notes, net		$ 7,045	$ 7,046
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (Loss), net - Components of Accumulated Other Comprehensive Income (Loss) Net of Deferred Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019		Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ 117,476	[1]	$ 114,554
Change in net unrealized holding gain (loss) on available-for-sale securities	806		(944)
Balance at end of period	119,937		114,919
Net Unrealized Losses on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(1,252)
Change in net unrealized holding gain (loss) on available-for-sale securities	806
Balance at end of period	(446)
Pension and Post-retirement Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(75)
Balance at end of period	(75)
Accumulated Other Comprehensive Loss, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(1,327)		(1,156)
Change in net unrealized holding gain (loss) on available-for-sale securities	806		(944)
Balance at end of period	$ (521)		$ (2,100)
[1]	Derived from audited December 31, 2018 Consolidated Financial Statements.

Changes in Accumulated Other _4

Changes in Accumulated Other Comprehensive Income (Loss), net - Components of Accumulated Other Comprehensive Income (Loss) Net of Deferred Taxes (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in net unrealized holding gain (loss) on available-for-sale securities, deferred tax expense	$ 214	$ (248)
Net Unrealized Gain (Loss) on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in net unrealized holding gain (loss) on available-for-sale securities, deferred tax expense	$ 214