SmartFinancial (SMBK) 10-Q6 Nov 202020 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2020	Nov. 06, 2020
Cover [Abstract]
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-37661
Entity Registrant Name	SMARTFINANCIAL INC.
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-1173944
Entity Address, Address Line One	5401 Kingston Pike, Suite 600
Entity Address, City or Town	Knoxville
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37919
City Area Code	865
Local Phone Number	437-5700
Title of 12(b) Security	Common Stock, par value $1.00
Trading Symbol	SMBK
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		15,235,227
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001038773
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
ASSETS:
Cash and due from banks	$ 63,884	$ 33,205
Interest-bearing deposits with banks	411,625	127,329
Federal funds sold	66,306	23,437
Total cash and cash equivalents	541,815	183,971
Securities available-for-sale, at fair value	214,634	178,348
Other investments	14,829	12,913
Loans held for sale	11,292	5,856
Loans	2,404,057	1,897,392
Less: Allowance for loan losses	(18,817)	(10,243)
Loans, net	2,385,240	1,887,149
Premises and equipment, net	73,934	59,433
Other real estate owned	3,932	1,757
Goodwill and core deposit intangible, net	86,710	77,193
Bank owned life insurance	31,034	24,949
Other assets	24,168	17,554
Total assets	3,387,588	2,449,123
Deposits:
Noninterest-bearing demand	669,733	364,155
Interest-bearing demand	534,128	380,234
Money market and savings	871,098	623,284
Time deposits	577,064	679,541
Total deposits	2,652,023	2,047,214
Borrowings	319,391	31,623
Subordinated debt	39,325	39,261
Other Liabilities	27,060	18,278
Total liabilities	3,037,799	2,136,376
Shareholders' equity:
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding	0	0
Common stock, $1 par value; 40,000,000 shares authorized; 15,216,932 and 14,008,233 shares issued and outstanding, respectively	15,233	14,008
Additional paid-in capital	254,626	232,732
Retained earnings	78,918	65,839
Accumulated other comprehensive income	1,012	168
Total shareholders' equity	349,789	312,747
Total liabilities and shareholders' equity	$ 3,387,588	$ 2,449,123

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	15,233,227	14,008,233
Common stock, shares outstanding (in shares)	15,233,227	14,008,233

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest income:
Loans, including fees	$ 28,621	$ 25,515	$ 83,718	$ 75,768
Securities available-for-sale:
Taxable	546	748	1,813	2,591
Tax-exempt	364	338	1,064	1,173
Federal funds sold and other earning assets	327	743	1,206	2,059
Total interest income	29,858	27,344	87,801	81,591
Interest expense:
Deposits	2,897	5,605	11,016	16,644
Borrowings	334	15	674	250
Subordinated debt	584	584	1,751	1,757
Total interest expense	3,815	6,204	13,441	18,651
Net interest income	26,043	21,140	74,360	62,940
Provision for loan losses	2,634	724	8,683	1,914
Net interest income after provision for loan losses	23,409	20,416	65,677	61,026
Noninterest income:
Service charges on deposit accounts	892	767	2,370	2,129
Gain (loss) on sale of securities	(9)	1	6	34
Mortgage banking	1,029	518	2,544	1,192
Investment services	359	260	1,159	684
Insurance commissions	560	0	1,302	0
Interchange and debit card transaction fees	868	148	1,652	467
Merger termination fee	0	0	0	6,400
Other	422	502	1,417	1,405
Total noninterest income	4,121	2,196	10,450	12,311
Noninterest expense:
Salaries and employee benefits	11,032	9,072	31,395	26,357
Occupancy and equipment	2,186	1,635	6,093	4,967
FDIC insurance	534	(219)	894	140
Other real estate and loan related expense	643	335	1,535	1,067
Advertising and marketing	253	263	653	817
Data processing	558	273	1,689	1,465
Professional services	594	573	2,172	1,724
Amortization of intangibles	402	341	1,169	1,027
Software as service contracts	573	560	1,604	1,696
Merger related and restructuring expenses	290	73	3,863	2,792
Other	2,102	1,802	5,699	5,045
Total noninterest expense	19,167	14,708	56,766	47,097
Income before income tax expense	8,363	7,904	19,361	26,240
Income tax expense	1,968	1,941	4,059	6,425
Net income	$ 6,395	$ 5,963	$ 15,302	$ 19,815
Earnings per common share:
Basic (in dollars per share)	$ 0.42	$ 0.43	$ 1.03	$ 1.42
Diluted (in dollars per share)	$ 0.42	$ 0.42	$ 1.02	$ 1.41
Weighted average common shares outstanding:
Basic (in shares)	15,160,579	13,955,859	14,903,757	13,949,325
Diluted (in shares)	15,210,611	14,053,432	14,965,455	14,038,414

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 6,395	$ 5,963	$ 15,302	$ 19,815
Other comprehensive income:
Unrealized holding gains (losses) and hedge effects on securities available-for-sale arising during the period	77	(2,078)	2,980	3,383
Tax effect	(142)	543	(779)	(888)
Reclassification adjustment for realized gains (losses) included in net income	(9)	1	6	34
Tax effect	2		(2)	(9)
Unrealized gains (losses) on securities available-for-sale arising during the period, net of tax	(72)	(1,534)	2,205	2,520
Unrealized gains (losses) on fair value municipal security hedges	538	2,451	(1,843)	(70)
Tax effect	(46)	(643)	482	18
Unrealized gains (losses) on fair value municipal security hedge instruments arising during the period, net of tax	492	1,808	(1,361)	(52)
Total other comprehensive income	420	274	844	2,468
Comprehensive income	$ 6,815	$ 6,237	$ 16,146	$ 22,283

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Common Stock	Additional Paid-in Capital	Retained Earnings	AOCI Attributable to Parent [Member]	Total
BALANCE (in shares) at Dec. 31, 2018	13,933,504
BALANCE at Dec. 31, 2018	$ 13,933,000	$ 231,852,000	$ 39,991,000	$ (2,765,000)	$ 283,011,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	19,815,000	0	19,815,000
Other comprehensive gain	0	0	0	2,468,000	2,468,000
Stock awards	$ 3,000	61,000	0	0	64,000
Stock awards (in shares)	3,298
Exercise of stock options	$ 22,000	228,000	0	0	250,000
Exercise of stock options (in shares)	21,171
Stock compensation expense	$ 0	432,000	0	0	432,000
BALANCE (in shares) at Sep. 30, 2019	13,957,973
BALANCE at Sep. 30, 2019	$ 13,958,000	232,573,000	59,806,000	(297,000)	306,040,000
BALANCE (in shares) at Jun. 30, 2019	13,953,209
BALANCE at Jun. 30, 2019	$ 13,953,000	232,386,000	53,843,000	(571,000)	299,611,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	5,963,000	0	5,963,000
Other comprehensive gain	0	0	0	274,000	274,000
Exercise of stock options	$ 5,000	33,000	0	0	38,000
Exercise of stock options (in shares)	4,764
Restricted stock, net of forfeitures	$ 0	0	0	0	0
Restricted stock, net of forfeitures (in shares)	0
Stock compensation expense	$ 0	154,000	0	0	154,000
BALANCE (in shares) at Sep. 30, 2019	13,957,973
BALANCE at Sep. 30, 2019	$ 13,958,000	232,573,000	59,806,000	(297,000)	306,040,000
BALANCE (in shares) at Dec. 31, 2019	14,008,233
BALANCE at Dec. 31, 2019	$ 14,008,000	232,732,000	65,839,000	168,000	312,747,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	15,302,000	0	15,302,000
Other comprehensive gain	0	0	0	844,000	844,000
Exercise of stock options	$ 28,000	254,000	0	0	282,000
Exercise of stock options (in shares)	27,858
Restricted stock, net of forfeitures	$ 36,000	(36,000)	0	0	0
Restricted stock, net of forfeitures (in shares)	36,113
Shareholders of Progressive Financial Group, Inc.	$ 1,293,000	23,254,000	0	0	24,547,000
Shareholders of Progressive Financial Group, Inc. (in shares)	1,292,578
Stock compensation expense	$ 0	365,000	0	0	365,000
Common stock dividend	0	0	(2,223,000)	0	(2,223,000)
Repurchase of common stock	$ (132,000)	(1,943,000)	0	0	(2,075,000)
Repurchase of common stock (in shares)	(131,555)
BALANCE (in shares) at Sep. 30, 2020	15,233,227
BALANCE at Sep. 30, 2020	$ 15,233,000	254,626,000	78,918,000	1,012,000	349,789,000
BALANCE (in shares) at Jun. 30, 2020	15,216,932
BALANCE at Jun. 30, 2020	$ 15,217,000	254,396,000	73,283,000	592,000	343,488,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	6,395,000	0	6,395,000
Other comprehensive gain	0	0	0	420,000	420,000
Exercise of stock options	$ 12,000	92,000	0	0	104,000
Exercise of stock options (in shares)	12,500
Restricted stock, net of forfeitures	$ 4,000	(4,000)	0	0	0
Restricted stock, net of forfeitures (in shares)	3,795
Stock compensation expense	$ 0	142,000	0	0	142,000
Common stock dividend	0	0	(760,000)	0	(760,000)
Repurchase of common stock	$ 0	0	0	0	0
Repurchase of common stock (in shares)	0
BALANCE (in shares) at Sep. 30, 2020	15,233,227
BALANCE at Sep. 30, 2020	$ 15,233,000	$ 254,626,000	$ 78,918,000	$ 1,012,000	$ 349,789,000

CONSOLIDATED STATEMENT OF CHA_2

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]
Common stock dividend (in dollars per share)	$ 0.05	$ 0.15	$ 0.05

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income	$ 15,302	$ 19,815
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,437	3,296
Accretion of fair value purchase accounting adjustments, net	(3,689)	(4,337)
Provision for loan losses	8,683	1,914
Stock compensation expense	365	432
Gain from redemption and sale of securities available-for-sale	(6)	(34)
Deferred income tax expense	(37)	1,178
Increase in cash surrender value of bank owned life insurance	(526)	(415)
Loss on disposal of fixed assets	0	14
Net (gains) losses from sale of other real estate owned	142	(43)
Net gains from sale of loans	(2,544)	(1,192)
Origination of loans held for sale	(99,223)	(49,333)
Proceeds from sales of loans held for sale	96,330	49,435
Net change in:
Accrued interest receivable	(3,221)	(207)
Accrued interest payable	807	900
Other assets	1,850	(330)
Other liabilities	3,556	5,029
Net cash provided by operating activities	22,226	26,122
Cash flows from investing activities:
Proceeds from sales of securities available-for-sale	11,759	16,515
Proceeds from maturities and calls of securities available-for-sale	45,800	15,555
Proceeds from paydowns of securities available-for-sale	18,622	10,166
Purchases of securities available-for-sale	(81,893)	(6,074)
Purchases of other investments	(1,223)	(1,414)
Net increase in loans	(316,075)	(85,424)
Purchases of premises and equipment	(4,450)	(4,506)
Proceeds from sale of other real estate owned	875	1,395
Net cash and cash equivalents received from business combination	46,132	0
Net cash used in investing activities	(280,453)	(53,787)
Cash flows from financing activities:
Net increase in deposits	332,319	75,634
Net increase (decrease) in securities sold under agreements to repurchase	9	(7,388)
Proceeds from borrowings	338,340	145,176
Repayment borrowings	(50,581)	(130,959)
Cash dividends paid	(2,223)	0
Issuance of common stock	282	314
Purchase of common stock	(2,075)	0
Net cash provided by financing activities	616,071	82,777
Net change in cash and cash equivalents	357,844	55,112
Cash and cash equivalents, beginning of period	183,971	115,822
Cash and cash equivalents, end of period	541,815	170,934
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	12,633	17,751
Cash paid during the period for income taxes	5,778	3,635
Noncash investing and financing activities:
Acquisition of real estate through foreclosure	971	417
Change in goodwill due to acquisitions	9,316	(473)
Initial recognition of operating lease right-of-use assets	484	2,344
Initial recognition of operating lease liabilities	$ 484	$ 2,344

Presentation of Financial Infor

Presentation of Financial Information	9 Months Ended
Presentation of Financial Information	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Presentation of Financial Information	Note 1. Presentation of Financial Information Nature of Business: SmartFinancial, Inc. (the "Company") is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, SmartBank (the "Bank"). The Company provides a variety of financial services to individuals and corporate customers through its offices in East and Middle Tennessee, Alabama, and the Florida Panhandle. The Bank’s primary deposit products are noninterest-bearing and interest-bearing demand deposits, savings and money market deposits, and time deposits. Its primary lending products are commercial, residential, and consumer loans. Basis of Presentation and Accounting Estimates: The accounting and financial reporting policies of the Company and its wholly-owned subsidiary conform to U.S. generally accepted accounting principles (“GAAP”) and reporting guidelines of banking regulatory authorities and regulators. The accompanying interim consolidated financial statements for the Company and its wholly-owned subsidiary have not been audited. All material intercompany balances and transactions have been eliminated. In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying financial statements have been made. These adjustments are normal and recurring accruals considered necessary for a fair and accurate presentation. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of foreclosed assets and deferred taxes, other than temporary impairments of securities, the fair value of financial instruments, goodwill, and the fair value of assets acquired and liabilities assumed in acquisitions. The results for interim periods are not necessarily indicative of results for the full year or any other interim periods. The accompanying unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes appearing in the Company’s annual report on Form 10-K for the year ended December 31, 2019. Recently Issued and Adopted Accounting Pronouncements: As of January 1, 2020, the Company adopted ASU 2019-01, Leases: Codification Improvements Recently Issued Not Yet Effective Accounting Pronouncements: During interim periods, the Company follows the accounting policies set forth in its annual audited financial statements for the year ended December 31, 2019 as filed in its Annual Report on Form 10-K with the Securities and Exchange Commission ("SEC"). The following is a summary of recent authoritative pronouncements issued but not yet effective that could impact the accounting, reporting, and/or disclosure of financial information by the Company. In October 2019, the Financial Accounting Standards Board approved a delay for the implementation of ASU 2016-13, Financial Instruments - Credit Losses For all other entities, the Board decided that CECL will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For all entities, early adoption will continue to be permitted; that is, early adoption is allowed for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years (that is, effective January 1, 2019, for calendar-year-end companies). The Company does not plan to adopt this standard early and being that the Company is an SRC, adoption is required for fiscal years beginning after December 15, 2022. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) In March 2020, the FASB issued ASU 2020-04 , Reference Rate Reform (Topic 848): In August 2020, the SEC issued amendments to its disclosure rules to modernize the requirements in Regulation S-K, Item 101 on description of a business, Item 103 on legal proceedings, and Item 105 on risk factors. These amendments are intended to improve the readability of disclosures, reduce repetition, and eliminate immaterial information, thereby simplifying compliance for registrants and making disclosures more meaningful for investors. The amendments to the disclosure requirements related to a registrant’s description of its business and risk factors are intended to expand the use of a principles-based approach that gives registrants more flexibility to tailor disclosures. The amendments to the disclosure requirements related to legal proceedings continue to reflect the current, more prescriptive approach because those requirements depend less on a registrant’s specific characteristics. Further, additional human capital disclosures are required as part of the amendments to the description of the business. The final rule is effective on November 9, 2020, and the Company will incorporate these changes as part of our annual filing on Form 10-K. Operating, Accounting and Reporting Considerations related to COVID-19: The COVID-19 pandemic has negatively impacted the global economy. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act provides an estimated $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications – Section 4013 of the CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. See Note 5 Loans and Allowance for Loan Losses for more information. ● Paycheck Protection Program - The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s (“SBA”) 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. The Company is a participant in the PPP. See Note 5 Loans and Allowance for Loan Losses for more information. ● Mortgage Forbearance - Under the CARES Act, through the earlier of December 31, 2020, or the termination date of the COVID-19 national emergency, a borrower with a federally backed mortgage loan that is experiencing financial hardship due to COVID-19 may request a forbearance. A multifamily borrower with a federally backed multifamily mortgage loan that was current as of February 1, 2020, and is experiencing financial hardship due to COVID-19 may request forbearance on the loan for up to 30 days, with up to two additional 30-day periods at the borrower’s request. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment. See Note 5 Loans and Allowance for Loan Losses for more information. ● Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. ● Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 national emergency. The Company offered deferral options of: 1) three months deferral of payment and then three months of interest only, 2) three months of interest only, 3) three months deferral of payment, 4) six months of interest only. These modifications generally meet the criteria of both Section 4013 of the CARES Act and the joint interagency statement, and therefore, the Company does not account for such loan modifications as TDRs. On August 3, 2020, the Federal Financial Institutions Examination Council on behalf of its members (collectively “the FFIEC members”) issued a joint statement on additional loan accommodations related to COVID-19. The joint statement clarifies that for loan modifications in which Section 4013 is being applied, subsequent modifications could also be eligible under Section 4013. To be eligible, each loan modification must be (1) related to the COVID event; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency or (B) December 31, 2020. All of the Company’s loan modifications granted under Section 4013 of the CARES Act are in compliance with the aforementioned FFIEC requirements. Accordingly, the Company does not account for such loan modifications as TDRs. Reclassifications: Certain captions and amounts in the 2019 consolidated financial statements were reclassified to conform to the 2020 financial statement presentation. These reclassifications had no impact on net income or shareholders’ equity as previously reported.

Business Combinations

Business Combinations	9 Months Ended
Business Combinations	Sep. 30, 2020
Business Combinations [Abstract]
Business Combinations	Note 2. Business Combinations Acquisition of Progressive Financial Inc. On March 1, 2020, the Company completed the merger of Progressive Financial Group, Inc., a Tennessee corporation (“PFG”), pursuant to an Agreement and Plan of Merger dated October 29, 2019 (the “Merger Agreement”). In connection with the merger, the Company acquired $301 million of assets and assumed $272 million of liabilities. Pursuant to the Merger Agreement, each outstanding share of Progressive common stock was converted into and cancelled in exchange to the right to receive $474.82 in cash, and 62.3808 shares of SmartFinancial common stock. SmartFinancial issued 1,292,578 shares of SmartFinancial common stock and paid $9.8 million in cash as consideration for the Merger. The fair value of consideration paid exceeded the fair value of the identifiable assets and liabilities acquired and resulted in the establishment of goodwill in the amount of $9.3 million, representing the intangible value of Progressive’s business and reputation within the markets it served. None of the goodwill recognized is expected to be deductible for income tax purposes. The Company is amortizing the related core deposit intangible of $1.4 million using the effective yield method over 120 months (10 years), which represents the expected useful life of the asset. The Company’s operating results for the three and nine month periods ended September 30, 2020, include the operating results of the acquired business for the period subsequent to the merger date of March 1, 2020. The purchased assets and assumed liabilities were recorded at their acquisition date fair values (1) (in thousands) As recorded Fair value As recorded by PFG adjustments (1) by the Company Assets: Cash & cash equivalents $ 55,971 $ — $ 55,971 Investment securities available-for-sale 27,054 203 27,257 Restricted investments 692 — 692 Loans 191,672 (3,691) 187,981 Allowance for loan losses (2,832) 2,832 — Premises and equipment, net 15,681 (2,919) 12,762 Bank owned life insurance 5,560 — 5,560 Deferred tax asset, net — 1,173 1,173 Intangibles — 1,370 1,370 Other real estate owned 3,695 (1,474) 2,221 Interest Receivable 1,061 (280) 781 Prepaids 375 (174) 201 Goodwill 231 (231) — Other assets 1,881 — 1,881 Total assets acquired $ 301,041 $ (3,191) $ 297,850 Liabilities: Deposits $ 271,276 $ — $ 271,276 Time deposit premium — 729 729 Payables and other liabilities 776 — 776 Total liabilities assumed 272,052 729 272,781 Excess of assets assumed over liabilities assumed $ 28,989 Aggregate fair value adjustments $ (3,920) Total identifiable net assets 25,069 Consideration transferred: Cash 9,838 Common stock issued ( 24,547 Total fair value of consideration transferred 34,385 Goodwill $ 9,316 (1) The following table presents additional information related to the purchased credit impaired loans (ASC 310-30) of the acquired loan portfolio at the acquisition date (in thousands) March 1, 2020 Accounted for pursuant to ASC 310-30: Contractually required principal and interest $ 21,107 Non-accretable differences 4,706 Cash flows expected to be collected 16,401 Accretable yield 2,515 Fair value $ 13,886 The following table discloses the impact of the merger with PFG since the acquisition date through the three and nine month periods ended September 30, 2020. The table also presents certain pro-forma information (net interest income and noninterest income (“Revenue”) and net income) as if the PFG acquisition had occurred on January 1, 2019. The pro-forma financial information is not necessarily indicative of the results of operations had the acquisitions been effective as of these dates. Merger-related costs from the PFG acquisition for the three and nine month periods ended September 30, 2020, were $290 thousand and $3.9 million, respectively, have been excluded from the pro-forma information presented below. The actual results and pro-forma information were as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, Revenue Net Income Revenue Net Income 2020: Actual PFG results included in statement of income since acquisition date $ 3,029 $ 1,228 $ 7,189 $ 2,707 Supplemental consolidation pro-forma as if PFG had been acquired January 1, 2019 30,163 6,609 87,852 17,887 2019: Supplemental consolidation pro-forma as if PFG had been acquired January 1, 2019 $ 27,409 $ 8,989 $ 87,464 $ 20,868

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Note 3. Earnings Per Share Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per common share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding and dilutive common share equivalents using the treasury stock method. Dilutive common share equivalents include common shares issuable upon exercise of outstanding stock options and restricted stock. The effect from the stock options and restricted stock on incremental shares from the assumed conversions for net income per share-basic and net income per share-diluted are presented below. There were 114 thousand and 85 thousand antidilutive shares for the three and nine month periods ended September 30, 2020, respectively, and none for the three and nine month periods ended September 30, 2019. The following is a summary of the basic and diluted earnings per share computation (dollars in thousands, except per share data) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Basic earnings per share computation: Net income available to common stockholders $ 6,395 $ 5,963 $ 15,302 $ 19,815 Average common shares outstanding – basic 15,160,579 13,955,859 14,903,757 13,949,325 Basic earnings per share $ 0.42 $ 0.43 $ 1.03 $ 1.42 Diluted earnings per share computation: Net income available to common stockholders $ 6,395 $ 5,963 $ 15,302 $ 19,815 Average common shares outstanding – basic 15,160,579 13,955,859 14,903,757 13,949,325 Incremental shares from assumed conversions: Stock options and restricted stock 50,032 97,573 61,698 89,089 Average common shares outstanding - diluted 15,210,611 14,053,432 14,965,455 14,038,414 Diluted earnings per common share $ 0.42 $ 0.42 $ 1.02 $ 1.41

Securities

Securities	9 Months Ended
Securities	Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Securities	Note 4. Securities The amortized cost, gross unrealized gains and losses and fair value of securities available-for-sale are summarized as follows (in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value September 30, 2020: U.S. Government-sponsored enterprises (GSEs) $ 30,311 $ 49 $ (150) $ 30,210 Municipal securities 88,864 1,948 (3) 90,809 Other debt securities 17,519 49 (66) 17,502 Mortgage-backed securities (GSEs) 74,424 1,938 (249) 76,113 Total $ 211,118 $ 3,984 $ (468) $ 214,634 December 31, 2019: U.S. Government-sponsored enterprises (GSEs) $ 19,015 $ 41 $ (56) $ 19,000 Municipal securities 63,792 618 (19) 64,391 Other debt securities 3,481 22 (33) 3,470 Mortgage-backed securities (GSEs) 91,531 382 (426) 91,487 Total $ 177,819 $ 1,063 $ (534) $ 178,348 At September 30, 2020, and December 31, 2019, securities with a carrying value totaling approximately $74.9 million and $92.3 million, respectively, were pledged to secure public funds and securities sold under agreements to repurchase. Proceeds from sale of securities available for sale, gross gains and gross losses on sales and redemptions for the three and nine months ended September 30, 2020 and 2019 were as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Proceeds from sales $ 4,884 $ - $ 11,759 $ 16,515 Gross gains $ 17 $ - $ 43 $ 35 Gross losses $ (26) $ - $ (37) $ (1) Proceeds from redemptions $ 30,350 $ 5,250 $ 45,800 $ 15,555 The amortized cost and estimated fair value of securities at September 30, 2020, by contractual maturity for non-mortgage backed securities are shown below (in thousands) Amortized Fair Cost Value Due in one year or less $ 4,623 $ 4,679 Due from one year to five years 5,009 5,025 Due from five years to ten years 26,195 26,386 Due after ten years 100,867 102,431 136,694 138,521 Mortgage-backed securities 74,424 76,113 Total $ 211,118 $ 214,634 The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position (in thousands) Less than 12 Months 12 Months or Greater Total Gross Number Gross Number Gross Number Fair Unrealized of Fair Unrealized of Fair Unrealized of Value Losses Securities Value Losses Securities Value Losses Securities September 30, 2020: U.S. Government-sponsored enterprises (GSEs) $ 20,985 $ (149) 5 $ 140 $ (1) 1 $ 21,125 $ (150) 6 Municipal securities 3,892 (3) 3 — — — 3,892 (3) 3 Other debt securities 3,980 (55) 2 973 (11) 1 4,953 (66) 3 Mortgage-backed securities (GSEs) 10,456 (114) 7 7,636 (135) 3 18,092 (249) 10 Total $ 39,313 $ (321) 17 $ 8,749 $ (147) 5 $ 48,062 $ (468) 22 December 31, 2019: U.S. Government-sponsored enterprises (GSEs) $ 2,972 $ (43) 2 $ 5,987 $ (13) 2 $ 8,959 $ (56) 4 Municipal securities 3,656 (16) 4 527 (3) 1 4,183 (19) 5 Other debt securities — — — 947 (33) 1 947 (33) 1 Mortgage-backed securities (GSEs) 13,208 (194) 10 19,988 (232) 31 33,196 (426) 41 Total $ 19,836 $ (253) 16 $ 27,449 $ (281) 35 $ 47,285 $ (534) 51 The Company reviews the securities portfolio on a quarterly basis to monitor its exposure to other-than-temporary impairment. A determination as to whether a security’s decline in fair value is other-than-temporary takes into consideration numerous factors and the relative significance of any single factor can vary by security. Some factors the Company may consider in the other-than-temporary impairment analysis include the length of time and extent to which the security has been in an unrealized loss position, changes in security ratings, financial condition and near-term prospects of the issuer, as well as security and industry specific economic conditions. Based on this evaluation, the Company concluded that any unrealized losses at September 30, 2020, represented a temporary impairment, as these unrealized losses are primarily attributable to changes in interest rates and current market conditions, and not credit deterioration of the issuers. As of September 30, 2020, the Company does not intend to sell any of the securities, does not expect to be required to sell any of the securities, and expects to recover the entire amortized cost of all of the securities. The following is the amortized cost and carrying value of other investments (in thousands) September 30, December 31, 2020 2019 Federal Reserve Bank stock $ 8,641 $ 7,917 Federal Home Loan Bank stock 5,838 4,646 First National Bankers Bank stock 350 350 Total $ 14,829 $ 12,913 Our restricted investments consist of non-marketable equity securities that have no readily determinable market value. Accordingly, when evaluating these securities for impairment, management considers the ultimate recoverability of the par value rather than recognizing temporary declines in value. As of September 30, 2020, the Company determined that there was no impairment on its other investments.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
Loans and Allowance for Loan Losses	Sep. 30, 2020
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 5. Loans and Allowance for Loan Losses Portfolio Segmentation: Major categories of loans are summarized as follows (in thousands) September 30, 2020 December 31, 2019 PCI All Other PCI All Other Loans 1 Loans Total Loans 1 Loans Total Commercial real estate $ 16,469 $ 1,014,182 $ 1,030,651 $ 15,255 $ 890,051 $ 905,306 Consumer real estate 10,801 429,509 440,310 6,541 410,941 417,482 Construction and land development 6,409 268,763 275,172 4,458 223,168 227,626 Commercial and industrial 317 644,181 644,498 407 336,668 337,075 Consumer and other 87 13,339 13,426 326 9,577 9,903 Total loans 34,083 2,369,974 2,404,057 26,987 1,870,405 1,897,392 Less: Allowance for loan losses — (18,817) (18,817) (156) (10,087) (10,243) Loans, net $ 34,083 $ 2,351,157 $ 2,385,240 $ 26,831 $ 1,860,318 $ 1,887,149 1 For purposes of the disclosures required pursuant to the adoption of ASC 310, the loan portfolio was disaggregated into segments. A portfolio segment is defined as the level at which an entity develops and documents a systematic method for determining its allowance for credit losses. There are five loan portfolio segments that include commercial real estate, consumer real estate, construction and land development, commercial and industrial, and consumer and other. As previously mentioned in Note 1 – Presentation of Financial Information (including healthcare and certain related expenses), mortgage interest, rent, leases, utilities and interest on existing debt during the COVID-19 emergency. PPP loans carry an interest rate of one percent, and a maturity of two or five years. These loans are fully guaranteed by the SBA and are not included in the Company’s loan loss allowance calculations. The loans may be eligible for forgiveness by the SBA to the extent that the proceeds are used to cover eligible payroll costs, interest costs, rent, and utility costs over a period of up to 24 weeks after the loan is made as long as certain conditions are met regarding employee retention and compensation levels. PPP loans deemed eligible for forgiveness by the SBA will be repaid by the SBA to the Company. The SBA pays the Company fees for processing PPP loans in the following amounts: (1) five percent for loans of not more than $350,000; (2) three percent for loans of more than $350,000 and less than $2,000,000; and (3) one percent for loans of at least $2,000,000. These processing fees are accounted for as loan origination fees and recognized over the contractual loan term as a yield adjustment on the loans. PPP loans are included in the Commercial and Industrial loan class. As of September 30, 2020, the Company had approximately 2,950 PPP loans outstanding, with an outstanding principal balance of $300.8 million. The composition of loans by loan classification for impaired and performing loan status is summarized in the tables below (in thousands) Construction Commercial Commercial Consumer and Land and Consumer Real Estate Real Estate Development Industrial and Other Total September 30, 2020: Performing loans $ 1,013,631 $ 428,514 $ 268,763 $ 643,581 $ 13,339 $ 2,367,828 Impaired loans 551 995 — 600 — 2,146 1,014,182 429,509 268,763 644,181 13,339 2,369,974 PCI loans 16,469 10,801 6,409 317 87 34,083 Total loans $ 1,030,651 $ 440,310 $ 275,172 $ 644,498 $ 13,426 $ 2,404,057 December 31, 2019: Performing loans $ 889,795 $ 409,394 $ 222,621 $ 336,508 $ 9,577 $ 1,867,895 Impaired loans 256 1,547 547 160 — 2,510 890,051 410,941 223,168 336,668 9,577 1,870,405 PCI loans 15,255 6,541 4,458 407 326 26,987 Total loans $ 905,306 $ 417,482 $ 227,626 $ 337,075 $ 9,903 $ 1,897,392 The following tables show the allowance for loan losses allocation by loan classification for impaired, PCI, and performing loans (in thousands) Construction Commercial Consumer Commercial Consumer and Land and and Real Estate Real Estate Development Industrial Other Total September 30, 2020: Performing loans $ 7,729 $ 3,366 $ 2,060 $ 5,055 $ 121 $ 18,331 Impaired loans — 78 — 408 — 486 7,729 3,444 2,060 5,463 121 18,817 PCI loans — — — — — — Total loans $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 December 31, 2019: Performing loans $ 4,491 $ 2,159 $ 1,127 $ 1,766 $ 69 $ 9,612 Impaired loans — 343 — 132 — 475 4,491 2,502 1,127 1,898 69 10,087 PCI loans 17 74 — 59 6 156 Total loans $ 4,508 $ 2,576 $ 1,127 $ 1,957 $ 75 $ 10,243 The following tables detail the changes in the allowance for loan losses by loan classification (in thousands) Three Months Ended September 30, 2020 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 6,595 $ 3,313 $ 1,795 $ 4,443 $ 108 $ 16,254 Charged-off loans — (21) — (60) (89) (170) Recoveries of charge-offs 11 17 — 55 16 99 Provision (reallocation) charged to expense 1,123 135 265 1,025 86 2,634 Ending balance $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 Three Months Ended September 30, 2019 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 4,102 $ 2,189 $ 946 $ 1,746 $ 114 $ 9,097 Charged-off loans (36) (1) — (20) (50) (107) Recoveries of charge-offs 39 17 3 12 7 78 Provision (reallocation) charged to expense 155 65 94 410 — 724 Ending balance $ 4,260 $ 2,270 $ 1,043 $ 2,148 $ 71 $ 9,792 Nine Months Ended September 30, 2020 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 4,508 $ 2,576 $ 1,127 $ 1,957 $ 75 $ 10,243 Loans charged-off — (23) — (77) (231) (331) Recoveries of loans charged-off 16 34 2 103 67 222 Provision (reallocation) charged to expense 3,205 857 931 3,480 210 8,683 Ending balance $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 Nine Months Ended September 30, 2019 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 3,639 $ 1,789 $ 795 $ 1,746 $ 306 $ 8,275 Loans charged-off (36) (3) — (353) (260) (652) Recoveries of loans charged-off 63 37 7 66 82 255 Provision (reallocation) charged to expense 594 447 241 689 (57) 1,914 Ending balance $ 4,260 $ 2,270 $ 1,043 $ 2,148 $ 71 $ 9,792 We maintain the allowance at a level that we deem appropriate to adequately cover the probable losses inherent in the loan portfolio. Our provision for loan losses for the nine months ended September 30, 2020, is $8.7 million compared to $1.9 million in the same period of 2019, an increase of $6.8 million. As of September 30, 2020, and December 31, 2019, our allowance for loan losses was $18.8 million and $10.2 million, respectively, which we deemed to be adequate at each of the respective dates. The increase in the allowance for loan losses at September 30, 2020, as compared to December 31, 2019, is primarily attributable to the ongoing economic uncertainties related to the COVID-19 pandemic. Also, during 2020, the Company updated the Allowance for Loan Loss policy to increase the additional basis points allowed for the unallocated risk portion from 100 basis points to 125 basis points. In addition, the Company added a new qualitative factor based on the percentage of COVID modified loans / total loans. The qualitative factors were also expanded to provide additional granularity related to the hospitality and restaurant industries which are most impacted by the pandemic within our footprint. The changes in our economic factors and the addition of the COVID modified factors equated to an additional $8.3 million in reserve. Our allowance for loan loss as a percentage of total loans was 0.78% at September 30, 2020 and 0.54% at December 31, 2019. The following tables outline the amount of each loan classification and the amount categorized into each risk rating (in thousands) September 30, 2020 Construction Commercial Commercial Consumer and Land and Consumer Non PCI Loans: Real Estate Real Estate Development Industrial and Other Total Pass $ 666,865 $ 394,794 $ 247,424 $ 619,308 $ 13,004 $ 1,941,395 Watch 336,122 32,578 21,269 23,655 294 413,918 Special mention 10,547 463 — 385 — 11,395 Substandard 648 1,588 70 728 17 3,051 Doubtful — 86 — 105 24 215 Total 1,014,182 429,509 268,763 644,181 13,339 2,369,974 PCI Loans: Pass 8,248 8,974 1,383 222 70 18,897 Watch 6,819 255 4,491 — 12 11,577 Special mention 19 56 — — — 75 Substandard 1,383 1,516 535 95 5 3,534 Doubtful — — — — — — Total 16,469 10,801 6,409 317 87 34,083 Total loans $ 1,030,651 $ 440,310 $ 275,172 $ 644,498 $ 13,426 $ 2,404,057 December 31, 2019 Construction Commercial Commercial Consumer and Land and Consumer Non PCI Loans: Real Estate Real Estate Development Industrial and Other Total Pass $ 860,447 $ 407,336 $ 216,459 $ 328,564 $ 9,462 $ 1,822,268 Watch 25,180 989 6,089 6,786 40 39,084 Special mention 4,057 738 — 1,033 — 5,828 Substandard 367 1,713 620 228 51 2,979 Doubtful — 165 — 57 24 246 Total 890,051 410,941 223,168 336,668 9,577 1,870,405 PCI Loans: Pass 12,473 5,258 902 41 300 18,974 Watch 2,234 38 3,556 — 13 5,841 Special mention 139 60 — — — 199 Substandard 409 1,185 — 366 13 1,973 Doubtful — — — — — — Total 15,255 6,541 4,458 407 326 26,987 Total loans $ 905,306 $ 417,482 $ 227,626 $ 337,075 $ 9,903 $ 1,897,392 Past Due Loans: A loan is considered past due if any required principal and interest payments have not been received as of the date such payments were required to be made under the terms of the loan agreement. Generally, management places a loan on nonaccrual when there is a clear indicator that the borrower’s cash flow may not be sufficient to meet payments as they become due, which is generally when a loan is 90 days past due. The following tables present an aging analysis of our loan portfolio (in thousands) September 30, 2020 30-60 Days 61-89 Days Past Due 90 Total Past Due and Past Due and Days or More Past Due and PCI Current Total Accruing Accruing and Accruing Nonaccrual Nonaccrual Loans Loans Loans Commercial real estate $ 561 $ 616 $ — $ 418 $ 1,595 $ 16,469 $ 1,012,587 $ 1,030,651 Consumer real estate 975 124 — 1,586 2,685 10,801 426,824 440,310 Construction and land development 10 — — — 10 6,409 268,753 275,172 Commercial and industrial 16 6 — 204 226 317 643,955 644,498 Consumer and other 70 522 — 40 632 87 12,707 13,426 Total $ 1,632 $ 1,268 $ — $ 2,248 $ 5,148 $ 34,083 $ 2,364,826 $ 2,404,057 December 31, 2019 30-60 Days 61-89 Days Past Due 90 Total Past Due and Past Due and Days or More Past Due and PCI Current Total Accruing Accruing and Accruing Nonaccrual Nonaccrual Loans Loans Loans Commercial real estate $ 466 $ 22 $ — $ 124 $ 612 $ 15,255 $ 889,439 $ 905,306 Consumer real estate 1,564 30 — 1,872 3,466 6,541 407,475 417,482 Construction and land development 507 — 607 620 1,734 4,458 221,434 227,626 Commercial and industrial 559 53 — 57 669 407 335,999 337,075 Consumer and other 86 14 — 70 170 326 9,407 9,903 Total $ 3,182 $ 119 $ 607 $ 2,743 $ 6,651 $ 26,987 $ 1,863,754 $ 1,897,392 Impaired Loans: The following is an analysis of the impaired loan portfolio, including PCI loans, detailing the related allowance recorded (in thousands) September 30, 2020 December 31, 2019 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance Impaired loans without a valuation allowance: Commercial real estate $ 551 $ 551 $ — $ 256 $ 261 $ — Consumer real estate 795 795 — 553 553 — Construction and land development — — — 547 547 — Commercial and industrial — — — — — — Consumer and other — — — — — — 1,346 1,346 — 1,356 1,361 — Impaired loans with a valuation allowance: Commercial real estate — — — — — — Consumer real estate 200 200 78 994 994 343 Construction and land development — — — — — — Commercial and industrial 600 600 408 160 160 132 Consumer and other — — — — — — 800 800 486 1,154 1,154 475 PCI loans: Commercial real estate — — — 17 99 17 Consumer real estate 1,852 2,113 — 1,205 1,371 74 Construction and land development — — — — — — Commercial and industrial 279 242 — 396 534 59 Consumer and other 26 24 — 45 51 6 2,157 2,379 — 1,663 2,055 156 Total impaired loans $ 4,303 $ 4,525 $ 486 $ 4,173 $ 4,570 $ 631 Three Months Ended September 30, 2020 2019 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans without a valuation allowance: Commercial real estate $ 552 $ 3 $ 258 $ 3 Consumer real estate 758 3 568 4 Construction and land development — — 701 3 Commercial and industrial — — — — Consumer and other — — — — 1,310 6 1,527 10 Impaired loans with a valuation allowance: Commercial real estate 198 — — — Consumer real estate 440 4 396 4 Construction and land development — — — — Commercial and industrial 379 2 352 1 Consumer and other — — — — 1,017 6 748 5 PCI loans: Commercial real estate 8 — 2,520 — Consumer real estate 1,869 38 1,151 — Construction and land development — — — — Commercial and industrial 305 2 — — Consumer real estate 27 — — — 2,209 40 3,671 — Total impaired loans $ 4,536 $ 52 $ 5,946 $ 15 Nine Months Ended September 30, 2020 2019 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans without a valuation allowance: Commercial real estate $ 374 $ 7 $ 435 $ 28 Consumer real estate 653 17 768 8 Construction and land development 289 — 637 5 Commercial and industrial — — 25 1 Consumer and other — — 14 1 1,316 24 1,879 43 Impaired loans with a valuation allowance: Commercial real estate 198 2 12 1 Consumer real estate 712 18 248 6 Construction and land development — — 14 — Commercial and industrial 269 7 498 10 Consumer and other — — 28 — 1,179 27 800 17 PCI loans: Commercial real estate 250 1 1,894 (10) Consumer real estate 1,344 77 851 3 Construction and land development 58 — — — Commercial and industrial 343 5 — — Consumer and other 29 — — — 2,024 83 2,745 (7) Total impaired loans $ 4,519 $ 134 $ 5,424 $ 53 Troubled Debt Restructurings: At September 30, 2020, and December 31, 2019, impaired loans included loans that were classified as TDRs. The restructuring of a loan is considered a TDR if both (i) the borrower is experiencing financial difficulties and (ii) the creditor has granted a concession. In assessing whether or not a borrower is experiencing financial difficulties, the Company considers information currently available regarding the financial condition of the borrower. This information includes, but is not limited to, whether (i) the debtor is currently in payment default on any of its debt; (ii) a payment default is probable in the foreseeable future without the modification; (iii) the debtor has declared or is in the process of declaring bankruptcy; and (iv) the debtor’s projected cash flow is sufficient to satisfy contractual payments due under the original terms of the loan without a modification. The Company considers all aspects of the modification to loan terms to determine whether or not a concession has been granted to the borrower. Key factors considered by the Company include the debtor’s ability to access funds at a market rate for debt with similar risk characteristics, the significance of the modification relative to unpaid principal balance or collateral value of the debt, and the significance of a delay in the timing of payments relative to the original contractual terms of the loan. The most common concessions granted by the Company generally include one or more modifications to the terms of the debt, such as (i) a reduction in the interest rate for the remaining life of the debt; (ii) an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk; (iii) a temporary period of interest-only payments; and (iv) a reduction in the contractual payment amount for either a short period or remaining term of the loan. As of September 30, 2020, and December 31, 2019, management had approximately $8 thousand and $61 thousand, respectively, in loans that met the criteria for TDR, none of which were on nonaccrual. A loan is placed back on accrual status when both principal and interest are current and it is probable that the Company will be able to collect all amounts due (both principal and interest) according to the terms of the loan agreement. There was one loan that was modified as a TDR during the nine month period ended September 30, 2020, and no loans were modified during the nine month period ended September 30, 2019. There were no loans that were modified as TDRs during the past nine months and for which there was a subsequent payment default. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 national emergency. The Coronavirus Aid Relief and Economic Security (“CARES”) Act along with a joint agency statement issued by banking agencies, provides that short-term modifications made in response to COVID-19 does not need to be accounted for as a TDR. Accordingly, the Company does not account for such loan modifications as TDRs. See Note 1 Presentation of Financial Information Foreclosure Proceedings and Balances : As of September 30, 2020, there was only one residential property secured by real estate included in other real estate owned and there was one consumer mortgage loan collateralized by residential real estate property that was in the process of foreclosure. Purchased Credit Impaired Loans: The Company has acquired loans where there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans are as follows (in thousands) September 30, December 31, 2020 2019 Commercial real estate $ 24,179 $ 21,570 Consumer real estate 13,353 8,411 Construction and land development 1,910 5,394 Commercial and industrial 7,567 2,540 Consumer and other 199 504 Total loans 47,208 38,419 Less: Remaining purchase discount (13,125) (11,432) Total loans, net of purchase discount 34,083 26,987 Less: Allowance for loan losses — (156) Carrying amount, net of allowance $ 34,083 $ 26,831 Activity related to the accretable yield on loans acquired with deteriorated credit quality is as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Accretable yield, beginning of period $ 11,777 $ 8,280 $ 8,454 $ 7,052 Additions — — 2,515 — Accretion income (1,267) (1,073) (4,401) (3,353) Reclassification 265 1,033 2,428 2,392 Other changes, net 7,405 390 9,184 2,539 Accretable yield, end of period $ 18,180 $ 8,630 $ 18,180 $ 8,630

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
Goodwill and Intangible Assets	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 6. Goodwill and Intangible Assets In accordance with FASB ASC 350, Goodwill and Other The Company’s other intangible assets consist of core deposit intangibles, and is initially recognized based on a valuation performed as of the consummation date. The core deposit intangible is amortized over the average remaining life of the acquired customer deposits. The carrying amount of goodwill and other intangible assets as of the dates indicated is summarized below (in thousands) September 30, December 31, 2020 2019 Goodwill: Balance, beginning of period $ 65,614 $ 66,087 Adjustment to values initially recorded for Acquisition of Foothills Bancorp, Inc. — (473) Acquisition of PFG 8,302 — Adjustment to values initially recorded for Acquisition of PFG 1,014 — Balance, end of the period $ 74,930 $ 65,614 September 30, December 31, 2020 2019 Core deposit intangible: Balance, beginning of period $ 14,550 $ 14,550 Acquisition of PFG 1,370 — Balance, gross core deposit intangible 15,920 14,550 Less: accumulated amortization (4,140) (2,971) Net core deposit intangible, net $ 11,780 $ 11,579 The aggregate amortization of core deposit intangibles expense for the three and nine month periods ended September 30, 2020, was $402 thousand and $1.2 million, respectively, and for the three and nine months ended September 30, 2019, was $341 thousand and $1.0 million, respectively. The estimated aggregate amortization expense for future periods for core deposit intangibles is as follows (in thousands) Remainder of 2020 $ 400 2021 1,570 2022 1,526 2023 1,485 2024 1,456 Thereafter 5,343 Total $ 11,780

Borrowings and Line of Credit

Borrowings and Line of Credit	9 Months Ended
Borrowings and Line of Credit	Sep. 30, 2020
Debt Disclosure [Abstract]
Borrowings and Line of Credit	Note 7. Borrowings and Line of Credit Borrowings: At September 30, 2020, total borrowings were $319.4 million compared to $31.6 million at December 31, 2019. The $287.8 million increase was primarily due to borrowings from the Federal Reserve Bank Payroll Protection Program Liquidity Facility (“PPPLF”) of $237.8 million in the second quarter of 2020 and an increase in Federal Home Loan Bank (“FHLB”) borrowings of $50.0 million. Borrowings consist of the following (dollars in thousands) September 30, December 31, 2020 2019 Securities sold under customer repurchase agreements $ 6,193 $ 6,184 FHLB borrowings 75,000 25,000 PPPLF borrowings 237,780 — Other borrowings 418 439 Total $ 319,391 $ 31,623 Line of Credit: The Company has a Loan and Security Agreement and revolving note with ServisFirst Bank, pursuant to which ServisFirst Bank has made a $25.0 million revolving line of credit available to the Company. The maturity of the line of credit is September 24, 2021. At September 30, 2020, there was no outstanding balance under the line of credit, and the entire amount of the line of credit remained available to the Company.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
Employee Benefit Plans	Sep. 30, 2020
Defined Benefit Plan [Abstract]
Employee Benefit Plans	Note 8. Employee Benefit Plans 401(k) Plan: The Company provides a deferred salary reduction plan (“Plan”) under Section 401(k) of the Internal Revenue Code covering substantially all employees. After 90 days of service the Company matches 100% of employee contributions up to 3% of compensation and 50% of employee contributions on the next 2% of compensation. The Company’s contribution to the Plan for the three and nine month periods ending September 30, 2020, was $282 thousand and $840 thousand, respectively. The Company’s contribution to the Plan for the three and nine months periods ending September 30, 2019, was $187 thousand and $602 thousand, respectively. Equity Incentive Plans: The Compensation Committee of the Company’s Board of Directors may grant or award eligible participants stock options, restricted stock, restricted stock units, stock appreciation rights, and other stock-based awards or any combination of awards (collectively referred to herein as "Rights"). At September 30, 2020, the Company had one active equity incentive plan available for future grants, the 2015 Stock Incentive Plan, which had 28,549 rights issued and 1,878,894 Rights available for future grants or awards. In addition, the Company has 33,250 Rights issued from the Cornerstone Bancshares, Inc. 2002 Long Term Incentive Plan, 41,250 Rights issued from the Cornerstone Non-Qualified Plan Options, and 2,266 Rights issued from the Capstone Stock Option Plan. These plans do not have any Rights available for future grants or awards. Stock Options: A summary of the status of stock option plans is presented in the following table: Weighted Average Exercisable Number Price Outstanding at December 31, 2019 136,658 $ 10.29 Granted — — Exercised (27,858) 10.13 Forfeited (3,485) 15.05 Outstanding at September 30, 2020 105,315 $ 10.18 Information pertaining to stock options outstanding at September 30, 2020, is as follows: Options Outstanding Options Exercisable Weighted- Average Weighted- Weighted- Remaining Average Average Exercise Number Contractual Exercise Number Exercise Prices Outstanding Life Price Exercisable Price $ 6.60 20,000 1.45 years $ 6.60 20,000 $ 6.60 6.80 13,250 0.42 years 6.80 13,250 6.80 9.48 18,500 2.45 years 9.48 18,500 9.48 9.60 22,750 3.25 years 9.60 22,750 9.60 11.76 2,266 1.75 years 11.76 2,266 11.76 15.05 28,549 4.83 years 15.05 28,549 15.05 Outstanding, end of period 105,315 2.81 years $ 10.18 105,315 $ 10.18 The Company did not The intrinsic value of options exercised during the three and nine month periods ended September 30, 2020 was $75 thousand and $141 thousand, respectively. The intrinsic value of options exercised during the three and nine month periods ended September 30, 2019 was $53 thousand and $165 thousand, respectively. The aggregate intrinsic value of total options outstanding and exercisable options at September 30, 2020, was $401 thousand. Cash received from options exercised under all share-based payment arrangements for the nine month period ended September 30, 2020 was $282 thousand. No options vested during the periods ended September 30, 2020, and 2019, respectively. The income tax expense/benefit recognized for the exercise of options during the three and nine months ended September 30, 2020, was an expense of $3 thousand and a benefit of $19 thousand, respectively, and for the three and nine months ended September 30, 2019, a benefit of $10 thousand and $37 thousand, respectively. As of September 30, 2020, all options were fully vested and currently no future compensation cost will be recognized related to nonvested stock-based compensation arrangements granted under the Plans. Stock Appreciation Rights ("SARs"): A summary of the status of SARs plans is presented in the following table: Weighted Average Number Exercisable Price Outstanding at December 31, 2019 67,000 $ 20.54 Granted 18,000 15.19 Exercised — — Forfeited — — Outstanding at September 30, 2020 85,000 $ 19.40 Information pertaining to SARs outstanding at September 30, 2020, is as follows: SARs Outstanding SARs Exercisable Weighted- Average Weighted- Remaining Average Weighted- Average Exercise Number Contractual Exercise Number Exercise Prices Outstanding Life Price Exercisable Price $ 15.19 18,000 3.25 years $ 15.19 — $ — 18.12 21,000 2.25 years 18.12 — — 21.61 34,000 1.25 years 21.61 — — 21.72 12,000 0.25 years 21.72 12,000 21.72 Outstanding, end of period 85,000 1.78 years $ 19.40 12,000 $ 21.72 SARs compensation expense of ($63) thousand and ($89) thousand was recognized for the three and nine month periods ended September 30, 2020, respectively, and ($7) thousand and $73 thousand for three and nine month periods ended September 30, 2019, respectively. The credit in expense for the three and nine month period ended September 30, 2020, and the three month period ended September 30, 2019, was due to adjustments related to the fair value evaluation of SARs. Restricted Stock Awards: A summary of the activity of the Company’s unvested restricted stock awards for the period ended September 30, 2020 is presented below: Weighted Average Grant-Date Number Fair Value Balance at December 31, 2019 65,400 $ 21.04 Granted 41,613 16.04 Vested (7,295) 18.32 Forfeited/expired (1,500) 18.12 Balance at September 30, 2020 98,218 $ 19.17 The Company measures the fair value of restricted stock awards based on the price of the Company’s common stock on the grant date, and compensation expense is recorded over the vesting period. The compensation expense for restricted stock awards during the three and nine months ended September 30, 2020, was $142 thousand and $365 thousand, respectively, and was $95 thousand and $310 thousand, during the three and nine month periods ended September 30, 2019, respectively. As of September 30, 2020, there was $1.1 million, respectively, of unrecognized compensation cost related to non-vested restricted stock awards granted under the plan. The cost is expected to be recognized over a weighted average period of 3.10 years. The grant-date fair value of restricted stock awards vested was $134 thousand for the period ended September 30, 2020.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	9 Months Ended
Commitments and Contingent Liabilities	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 9. Commitments and Contingent Liabilities The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing and depository needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Such commitments involve, to varying degrees, elements of credit risk and interest rate risk in excess of the amount recognized on the balance sheet. The majority of all commitments to extend credit are variable rate instruments while the standby letters of credit are primarily fixed rate instruments. The Company’s exposure to credit loss is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. A summary of the Company’s total contractual amount for all off-balance sheet commitments are as follows (in thousands): September 30, December 31, 2020 2019 Commitments to extend credit $ 468,447 $ 384,411 Standby letters of credit 5,530 11,727 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies, but may include accounts receivable, inventory, property and equipment, residential real estate, and income-producing commercial properties. Standby letters of credit issued by the Company are conditional commitments to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. Collateral held varies and is required in instances which the Company deems necessary. At September 30, 2020, and December 31, 2019, the carrying amount of liabilities related to the Company’s obligation to perform under standby letters of credit was insignificant. The Company is subject in the normal course of business to various pending and threatened legal proceedings in which claims for monetary damages are asserted. Management, after consultation with legal counsel, does not anticipate that the aggregate ultimate liability arising out of litigation pending or threatened against the Company will be material to the Company’s consolidated financial position. On an on-going basis, the Company assesses any potential liabilities or contingencies in connection with such legal proceedings. For those matters where it is deemed probable that the Company will incur losses and the amount of the losses can be reasonably estimated, the Company would record an expense and corresponding liability in its consolidated financial statements.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
Fair Value Disclosures	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Note 10. Fair Value Disclosures Determination of Fair Value: The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the “Fair Value Measurements and Disclosures” ASC Topic 820, the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. ASC Topic 820 provides a consistent definition of fair value, which focuses on exit price in an orderly transaction between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact business at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. In accordance with this guidance, the Company groups its financial assets and financial liabilities generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 Level 2 - Level 3 - A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis are as follows (in thousands) Quoted Prices in Significant Significant Active Markets Other Other for Identical Observable Unobservable Assets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) September 30, 2020: Assets: Securities available-for-sale: U.S. Government-sponsored enterprises (GSEs) $ 30,210 $ — $ 30,210 $ — Municipal securities 90,809 — 90,809 — Other debt securities 17,502 — 17,502 — Mortgage-backed securities (GSEs) 76,113 — 76,113 — Total securities available-for-sale $ 214,634 $ — $ 214,634 $ — Liabilities: Derivative financial instruments $ 6,791 $ — $ 6,791 $ — December 31, 2019: Assets: Securities available-for-sale: U.S. Government-sponsored enterprises (GSEs) $ 19,000 $ — $ 19,000 $ — Municipal securities 64,391 — 64,391 — Other debt securities 3,470 — 3,470 — Mortgage-backed securities (GSEs) 91,487 — 91,487 — Total securities available-for-sale $ 178,348 $ — $ 178,348 $ — Liabilities: Derivative financial instruments $ 3,446 — $ 3,446 — During the nine month period ending September 30, 2020, there were no transfers Level 1 Level 2 Assets Measured at Fair Value on a Nonrecurring Basis: Under certain circumstances management makes adjustments to fair value for assets and liabilities although they are not measured at fair value on an ongoing basis. The following tables present the financial instruments carried on the consolidated balance sheets by caption and by level in the fair value hierarchy, for which a nonrecurring change in fair value has been recorded (in thousands) Quoted Prices in Significant Significant Active Markets Other Other for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) September 30, 2020: Impaired loans $ 3,817 $ — $ — $ 3,817 Other real estate owned 3,932 — — 3,932 December 31, 2019: Impaired loans $ 2,185 $ — $ — $ 2,185 Other real estate owned 1,757 — — 1,757 For Level 3 assets measured at fair value on a non-recurring basis, the significant unobservable inputs used in the fair value measurements are presented below (dollars in thousands) Weighted Valuation Significant Other Average of Fair Value Technique Unobservable Input Input September 30, 2020: Impaired loans $ 3,817 Appraisal Appraisal discounts 11 % Other real estate owned 3,932 Appraisal Appraisal discounts 23 % December 31, 2019: Impaired loans $ 2,185 Appraisal Appraisal discounts 22 % Other real estate owned 1,757 Appraisal Appraisal discounts 29 % Impaired loans: Receivables Other real estate owned: Subsequently, other real estate is carried at the lower of carrying value or fair value less costs to sell. Fair values are generally based on third party appraisals of the property and are classified within Level 3 of the fair value hierarchy. The appraisals are sometimes further discounted based on management’s historical knowledge, and/or changes in market conditions from the date of the most recent appraisal, and/or management’s expertise and knowledge of the customer and the customer’s business. Such discounts are typically significant unobservable inputs for determining fair value. In cases where the carrying amount exceeds the fair value, less estimated costs to sell, a loss is recognized in noninterest expense. Carrying value and estimated fair value: The carrying amount and estimated fair value of the Company’s financial instruments are as follows (in thousands) Fair Value Measurements Using Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value September 30, 2020: Assets: Cash and cash equivalents $ 541,815 $ 541,815 $ — $ — $ 541,815 Securities available-for-sale 214,634 — 214,634 — 214,634 Other investments 14,829 N/A N/A N/A N/A Loans and loans held for sale 2,415,349 — — 2,406,262 2,406,262 Liabilities: Noninterest-bearing demand deposits 669,733 — 669,733 — 669,733 Interest-bearing demand deposits 534,128 — 534,128 — 534,128 Money market and savings deposits 871,098 — 871,098 — 871,098 Time deposits 577,064 — 581,389 — 581,389 Borrowings 319,391 — 315,340 — 315,340 Subordinated debt 39,325 — — 33,644 33,644 Derivative financial instruments 6,791 — 6,791 — 6,791 December 31, 2019: Assets: Cash and cash equivalents $ 183,971 $ 183,971 $ — $ — $ 183,971 Securities available-for-sale 178,348 — 178,348 — 178,348 Other investments 12,913 N/A N/A N/A N/A Loans, net and loans held for sale 1,893,005 — — 1,879,825 1,879,825 Liabilities: Noninterest-bearing demand deposits 364,155 — 364,155 — 364,155 Interest-bearing demand deposits 380,234 — 380,234 — 380,234 Money market and savings deposits 623,284 — 623,284 — 623,284 Time deposits 679,541 — 681,902 — 681,902 Borrowings 31,623 — 31,029 — 31,029 Subordinated debt 39,261 — — 35,868 35,868 Derivative financial instruments 3,446 — 3,446 — 3,446 Limitations: Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include deferred income taxes and premises and equipment. In addition, the tax ramifications related to the realization of unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Derivatives

Derivatives	9 Months Ended
Derivatives	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Note 11. Financial derivatives are reported at fair value in other assets or other liabilities. The accounting for changes in the fair value of a derivative depends on whether it has been designated and qualifies as part of a hedging relationship. For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative net investment hedge instrument as well as the offsetting gain or loss on the hedged asset or liability attributable to the hedged risk are recognized in current earnings. The gain or loss on the derivative instrument is presented on the same income statement line item as the earnings effect of the hedged item. The Company utilizes interest rate swaps designated as fair value hedges to mitigate the effect of changing interest rates on the fair values of fixed rate tax-exempt callable securities available-for-sale. The hedging strategy on securities converts the fixed interest rates to LIBOR-based variable interest rates. These derivatives are designated as partial term hedges of selected cash flows covering specified periods of time prior to the call dates of the hedged securities. The Company has elected early adoption of ASU 2017-12, Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities, A summary of the Company’s fair value hedge relationships for the periods presented are as follows (dollars in thousands) Weighted Average Balance Remaining Weighted Sheet Maturity Average Receive Notional Estimated Liability derivatives Location (In Years) Pay Rate Rate Amount Fair Value September 30, 2020: Interest rate swap agreements - securities Other liabilities 7.38 3.08 % 3 month LIBOR $ 36,000 $ (6,791) December 31, 2019: Interest rate swap agreements - securities Other liabilities 8.20 3.09 % 3 month LIBOR $ 36,000 $ (3,446) The effects of the Company’s fair value hedge relationships reported in interest income on tax-exempt available-for-sale securities on the consolidated income statement were as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Interest income on tax-exempt securities $ 565 $ 400 $ 1,586 $ 1,305 Effects of fair value hedge relationships (201) (62) (522) (132) Reported interest income on tax-exempt securities $ 364 $ 338 $ 1,064 $ 1,173 Three Months Ended Nine Months Ended September 30, September 30, Gain (loss) on fair value hedging relationship 2020 2019 2020 2019 Interest rate swap agreements - securities: Hedged items $ 299 $ (1,045) $ (3,345) $ (3,282) Derivative designated as hedging instruments $ (299) $ 1,045 $ 3,345 $ 3,282 The following amounts were recorded on the balance sheet related to cumulative basis adjustments for fair value hedges (in thousands) Cumulative Amount of Fair Value Hedging Adjustment Carrying Amount Included in Other Comprehensive Line item on the balance sheet of the Hedged Assets Income September 30, 2020: Securities available-for-sale $ 43,643 $ (2,145) December 31, 2019: Securities available-for-sale $ 42,710 $ 3,446

Leases

Leases	9 Months Ended
Leases	Sep. 30, 2020
Leases [Abstract]
Leases	Note 12. Leases A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Company adopted ASU No. 2016-02 and all subsequent ASUs that modified this topic (collectively referred to as "Topic 842"). For the Company, Topic 842 primarily affected the accounting treatment for operating lease agreements in which the Company is the lessee. Substantially all of the leases in which the Company is the lessee are comprised of real estate for branches and office space with terms extending through 2034. All of our leases are classified as operating leases, and therefore, were previously not recognized on the Company’s consolidated balance sheet. With the adoption of Topic 842, operating lease agreements are required to be recognized on the consolidated balance sheet as a right-of-use (“ROU”) asset and a corresponding lease liability. The following table represents the consolidated balance sheet classification of the Company’s ROU assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet (in thousands) September 30, December 31, Classification 2020 2019 Assets: Operating lease right-of-use assets Other assets $ 5,286 $ 5,470 Liabilities: Operating lease liabilities Other liabilities $ 5,315 $ 5,479 The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was used. As of September 30, 2020, the weighted average remaining lease term was 10.78 years and the weighted average discount rate was 2.72%. The following table represents lease costs and other lease information, in thousands. As the Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Lease costs: Operating lease costs $ 272 $ 149 $ 779 $ 464 Short-term lease costs — 2 — 13 Variable lease costs 29 23 84 69 Total $ 301 $ 174 $ 863 $ 546 Other information: Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 264 $ 145 $ 759 $ 447 Future minimum payments for operating leases with initial or remaining terms of one year or more as of September 30, 2020, were as follows (in thousands) Amounts September 30, 2021 $ 1,006 September 30, 2022 760 September 30, 2023 571 September 30, 2024 385 September 30, 2025 348 Thereafter 3,119 Total future minimum lease payments 6,189 Amounts representing interest (874) Present value of net future minimum lease payments $ 5,315

Regulatory Matters

Regulatory Matters	9 Months Ended
Regulatory Matters	Sep. 30, 2020
Banking and Thrift [Abstract]
Regulatory Matters	Note 13. Regulatory Matters Regulatory Capital Requirements: The final rules implementing the Basel Committee on Banking Supervision's capital guidelines for U.S. banks (Basel III rules) became effective January 1, 2015, subject to a phase-in period for certain aspects of the new rules. In order to avoid restrictions on capital distributions and discretionary bonus payments to executives, under the new rules a covered banking organization is also required to maintain a “capital conservation buffer” in addition to its minimum risk-based capital requirements. This buffer is required to consist solely of common equity Tier 1, and the buffer applies to all three risk-based measurements (CET1, Tier 1 capital and total capital). The capital conservation buffer was phased in incrementally over time, beginning January 1, 2016 and became fully effective on January 1, 2019. As of January 1, 2019, an additional amount of Tier 1 common equity equal to 2.5% of risk-weighted assets is required for compliance with the capital conservation buffer. The ratios for the Company and the Bank are currently sufficient to satisfy the fully phased-in conservation buffer. At September 30, 2020, the Company and the Bank exceeded the minimum regulatory requirements and exceeded the threshold for the "well capitalized" regulatory classification. Regulatory Restrictions on Dividends: Pursuant to Tennessee banking law, the Bank may not, without the prior consent of the Commissioner of the Tennessee Department of Financial Institutions (the “TDFI”), pay any dividends to the Company in a calendar year in excess of the total of the Bank’s retained net income for that year plus the retained net income for the preceding two years. Because this test involves a measure of net income, any charge on the Bank’s income statement, such as an impairment of goodwill, could impair the Bank’s ability to pay dividends to the Company. Under Tennessee corporate law, the Company is not permitted to pay dividends if, after giving effect to such payment, it would not be able to pay its debts as they become due in the usual course of business or its total assets would be less than the sum of its total liabilities plus any amounts needed to satisfy any preferential rights if it were dissolving. In addition, in deciding whether or not to declare a dividend of any particular size, the Company’s board of directors must consider its and the Bank’s current and prospective capital, liquidity, and other needs. In addition to state law limitations on the Company’s ability to pay dividends, the Federal Reserve imposes limitations on the Company’s ability to pay dividends. Federal Reserve regulations limit dividends, stock repurchases and discretionary bonuses to executive officers if the Company’s regulatory capital is below the level of regulatory minimums plus the applicable capital conservation buffer. During the three months ended September 30, 2020, the Bank paid $1.4 million in dividends to the Company. During the nine months ended September 30, 2020, the Bank paid $8.9 million in dividends to the Company. Since the fourth quarter of 2019, the Company has paid a quarterly common stock dividend of $0.05 per share. The amount and timing of all future dividend payments by the Company, if any, is subject to discretion of the Company’s board of directors and will depend on the Company’s earnings, capital position, financial condition and other factors, including new regulatory capital requirements, as they become known to the Company. Regulatory Capital Levels: Actual and required capital levels at September 30, 2020, and December 31, 2019 are presented below (dollars in thousands) Minimum to be well capitalized under Minimum for prompt capital corrective action Actual adequacy purposes provisions 1 Amount Ratio Amount Ratio Amount Ratio September 30, 2020 SmartFinancial: Total Capital (to Risk Weighted Assets) $ 323,297 13.81 % $ 187,225 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 265,155 11.33 % 140,419 6.00 % N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 265,155 11.33 % 105,314 4.50 % N/A N/A Tier 1 Capital (to Average Assets) 2 265,155 8.78 % 120,766 4.00 % N/A N/A SmartBank: Total Capital (to Risk Weighted Assets) $ 312,869 13.37 % $ 187,217 8.00 % $ 234,022 10.00 % Tier 1 Capital (to Risk Weighted Assets) 294,052 12.57 % 140,413 6.00 % 187,217 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 294,052 12.57 % 105,310 4.50 % 152,114 6.50 % Tier 1 Capital (to Average Assets) 2 294,052 9.74 % 120,762 4.00 % 150,953 5.00 % December 31, 2019 SmartFinancial: Total Capital (to Risk Weighted Assets) $ 287,937 14.02 % $ 164,313 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 238,433 11.61 % 123,235 6.00 % N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 238,433 11.61 % 92,426 4.50 % N/A N/A Tier 1 Capital (to Average Assets) 238,433 10.34 % 92,258 4.00 % N/A N/A SmartBank: Total Capital (to Risk Weighted Assets) $ 273,432 13.31 % $ 164,305 8.00 % $ 205,382 10.00 % Tier 1 Capital (to Risk Weighted Assets) 263,189 12.81 % 123,229 6.00 % 164,305 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 263,189 12.81 % 92,422 4.50 % 133,498 6.50 % Tier 1 Capital (to Average Assets) 263,189 11.41 % 92,254 4.00 % 115,317 5.00 % 1 2

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	9 Months Ended
Other Comprehensive Income (Loss)	Sep. 30, 2020
Equity [Abstract]
Other Comprehensive Income (Loss)	Note 14. Other Comprehensive Income (Loss) The changes in each component of accumulated other comprehensive income (loss), net of tax, were as follows (in thousands) Three Months Ended September 30, 2020 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, June 30, 2020 $ 2,668 $ (2,076) $ 592 Other comprehensive income (loss) (64) 492 428 Reclassification of amounts included in net income (8) — (8) Net other comprehensive income (loss) during period (72) 492 420 Ending balance, September 30, 2020 $ 2,596 $ (1,584) $ 1,012 Three Months Ended September 30, 2019 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, June 30, 2019 $ 2,075 $ (2,646) $ (571) Other comprehensive income (loss) (1,535) 1,808 273 Reclassification of amounts included in net income 1 — 1 Net other comprehensive income (loss) during period (1,534) 1,808 274 Ending balance, September 30, 2019 $ 541 $ (838) $ (297) Nine Months Ended September 30, 2020 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, December 31, 2019 $ 391 $ (223) $ 168 Other comprehensive income (loss) 2,201 (1,361) 840 Reclassification of amounts included in net income 4 — 4 Net other comprehensive income (loss) during period 2,205 (1,361) 844 Ending balance, September 30, 2020 $ 2,596 $ (1,584) $ 1,012 Nine Months Ended September 30, 2019 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, December 31, 2018 $ (1,979) $ (786) $ (2,765) Other comprehensive income (loss) 2,495 (52) 2,443 Reclassification of amounts included in net income 25 — 25 Net other comprehensive income (loss) during period 2,520 (52) 2,468 Ending balance, September 30, 2019 $ 541 $ (838) $ (297)

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 15. Subsequent Events On October 8, 2020 the Company repaid $237.8 million to the Federal Reserve Bank (“FRB”) relating to the outstanding borrowings from the PPPLF. These borrowings were used to assist with the funding of PPP loans. The Company utilized its excess liquidity to fund the repayment.

Presentation of Financial Inf_2

Presentation of Financial Information (Policies)	9 Months Ended
Presentation of Financial Information (Policies)	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	Nature of Business: SmartFinancial, Inc. (the "Company") is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, SmartBank (the "Bank"). The Company provides a variety of financial services to individuals and corporate customers through its offices in East and Middle Tennessee, Alabama, and the Florida Panhandle. The Bank’s primary deposit products are noninterest-bearing and interest-bearing demand deposits, savings and money market deposits, and time deposits. Its primary lending products are commercial, residential, and consumer loans.
Basis of Presentation and Accounting Estimates	Basis of Presentation and Accounting Estimates: The accounting and financial reporting policies of the Company and its wholly-owned subsidiary conform to U.S. generally accepted accounting principles (“GAAP”) and reporting guidelines of banking regulatory authorities and regulators. The accompanying interim consolidated financial statements for the Company and its wholly-owned subsidiary have not been audited. All material intercompany balances and transactions have been eliminated. In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying financial statements have been made. These adjustments are normal and recurring accruals considered necessary for a fair and accurate presentation. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of foreclosed assets and deferred taxes, other than temporary impairments of securities, the fair value of financial instruments, goodwill, and the fair value of assets acquired and liabilities assumed in acquisitions. The results for interim periods are not necessarily indicative of results for the full year or any other interim periods. The accompanying unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes appearing in the Company’s annual report on Form 10-K for the year ended December 31, 2019.
Recently Issued and Adopted Accounting Pronouncements; Recently Issued Not Yet Effective Accounting Pronouncements	Recently Issued and Adopted Accounting Pronouncements: As of January 1, 2020, the Company adopted ASU 2019-01, Leases: Codification Improvements Recently Issued Not Yet Effective Accounting Pronouncements: During interim periods, the Company follows the accounting policies set forth in its annual audited financial statements for the year ended December 31, 2019 as filed in its Annual Report on Form 10-K with the Securities and Exchange Commission ("SEC"). The following is a summary of recent authoritative pronouncements issued but not yet effective that could impact the accounting, reporting, and/or disclosure of financial information by the Company. In October 2019, the Financial Accounting Standards Board approved a delay for the implementation of ASU 2016-13, Financial Instruments - Credit Losses For all other entities, the Board decided that CECL will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For all entities, early adoption will continue to be permitted; that is, early adoption is allowed for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years (that is, effective January 1, 2019, for calendar-year-end companies). The Company does not plan to adopt this standard early and being that the Company is an SRC, adoption is required for fiscal years beginning after December 15, 2022. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) In March 2020, the FASB issued ASU 2020-04 , Reference Rate Reform (Topic 848): In August 2020, the SEC issued amendments to its disclosure rules to modernize the requirements in Regulation S-K, Item 101 on description of a business, Item 103 on legal proceedings, and Item 105 on risk factors. These amendments are intended to improve the readability of disclosures, reduce repetition, and eliminate immaterial information, thereby simplifying compliance for registrants and making disclosures more meaningful for investors. The amendments to the disclosure requirements related to a registrant’s description of its business and risk factors are intended to expand the use of a principles-based approach that gives registrants more flexibility to tailor disclosures. The amendments to the disclosure requirements related to legal proceedings continue to reflect the current, more prescriptive approach because those requirements depend less on a registrant’s specific characteristics. Further, additional human capital disclosures are required as part of the amendments to the description of the business. The final rule is effective on November 9, 2020, and the Company will incorporate these changes as part of our annual filing on Form 10-K.
Operating, Accounting and Reporting Considerations related to COVID-19	Operating, Accounting and Reporting Considerations related to COVID-19: The COVID-19 pandemic has negatively impacted the global economy. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act provides an estimated $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications – Section 4013 of the CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. See Note 5 Loans and Allowance for Loan Losses for more information. ● Paycheck Protection Program - The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s (“SBA”) 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. The Company is a participant in the PPP. See Note 5 Loans and Allowance for Loan Losses for more information. ● Mortgage Forbearance - Under the CARES Act, through the earlier of December 31, 2020, or the termination date of the COVID-19 national emergency, a borrower with a federally backed mortgage loan that is experiencing financial hardship due to COVID-19 may request a forbearance. A multifamily borrower with a federally backed multifamily mortgage loan that was current as of February 1, 2020, and is experiencing financial hardship due to COVID-19 may request forbearance on the loan for up to 30 days, with up to two additional 30-day periods at the borrower’s request. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment. See Note 5 Loans and Allowance for Loan Losses for more information. ● Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. ● Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 national emergency. The Company offered deferral options of: 1) three months deferral of payment and then three months of interest only, 2) three months of interest only, 3) three months deferral of payment, 4) six months of interest only. These modifications generally meet the criteria of both Section 4013 of the CARES Act and the joint interagency statement, and therefore, the Company does not account for such loan modifications as TDRs. On August 3, 2020, the Federal Financial Institutions Examination Council on behalf of its members (collectively “the FFIEC members”) issued a joint statement on additional loan accommodations related to COVID-19. The joint statement clarifies that for loan modifications in which Section 4013 is being applied, subsequent modifications could also be eligible under Section 4013. To be eligible, each loan modification must be (1) related to the COVID event; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency or (B) December 31, 2020. All of the Company’s loan modifications granted under Section 4013 of the CARES Act are in compliance with the aforementioned FFIEC requirements. Accordingly, the Company does not account for such loan modifications as TDRs.
Reclassifications	Reclassifications: Certain captions and amounts in the 2019 consolidated financial statements were reclassified to conform to the 2020 financial statement presentation. These reclassifications had no impact on net income or shareholders’ equity as previously reported.
Earnings Per Share	Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per common share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding and dilutive common share equivalents using the treasury stock method. Dilutive common share equivalents include common shares issuable upon exercise of outstanding stock options and restricted stock.

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
Business Combinations (Tables)	Sep. 30, 2020
Business Combinations [Abstract]
Schedule of Allocation of Purchase Price to Fair Value of Net Assets Acquired	The purchased assets and assumed liabilities were recorded at their acquisition date fair values (1) (in thousands) As recorded Fair value As recorded by PFG adjustments (1) by the Company Assets: Cash & cash equivalents $ 55,971 $ — $ 55,971 Investment securities available-for-sale 27,054 203 27,257 Restricted investments 692 — 692 Loans 191,672 (3,691) 187,981 Allowance for loan losses (2,832) 2,832 — Premises and equipment, net 15,681 (2,919) 12,762 Bank owned life insurance 5,560 — 5,560 Deferred tax asset, net — 1,173 1,173 Intangibles — 1,370 1,370 Other real estate owned 3,695 (1,474) 2,221 Interest Receivable 1,061 (280) 781 Prepaids 375 (174) 201 Goodwill 231 (231) — Other assets 1,881 — 1,881 Total assets acquired $ 301,041 $ (3,191) $ 297,850 Liabilities: Deposits $ 271,276 $ — $ 271,276 Time deposit premium — 729 729 Payables and other liabilities 776 — 776 Total liabilities assumed 272,052 729 272,781 Excess of assets assumed over liabilities assumed $ 28,989 Aggregate fair value adjustments $ (3,920) Total identifiable net assets 25,069 Consideration transferred: Cash 9,838 Common stock issued ( 24,547 Total fair value of consideration transferred 34,385 Goodwill $ 9,316 (1)
Loans Acquired in Acquisition	The following table presents additional information related to the purchased credit impaired loans (ASC 310-30) of the acquired loan portfolio at the acquisition date (in thousands) March 1, 2020 Accounted for pursuant to ASC 310-30: Contractually required principal and interest $ 21,107 Non-accretable differences 4,706 Cash flows expected to be collected 16,401 Accretable yield 2,515 Fair value $ 13,886
Business Acquisition, Pro Forma Information	Three Months Ended Nine Months Ended September 30, September 30, Revenue Net Income Revenue Net Income 2020: Actual PFG results included in statement of income since acquisition date $ 3,029 $ 1,228 $ 7,189 $ 2,707 Supplemental consolidation pro-forma as if PFG had been acquired January 1, 2019 30,163 6,609 87,852 17,887 2019: Supplemental consolidation pro-forma as if PFG had been acquired January 1, 2019 $ 27,409 $ 8,989 $ 87,464 $ 20,868

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Basic earnings per share computation: Net income available to common stockholders $ 6,395 $ 5,963 $ 15,302 $ 19,815 Average common shares outstanding – basic 15,160,579 13,955,859 14,903,757 13,949,325 Basic earnings per share $ 0.42 $ 0.43 $ 1.03 $ 1.42 Diluted earnings per share computation: Net income available to common stockholders $ 6,395 $ 5,963 $ 15,302 $ 19,815 Average common shares outstanding – basic 15,160,579 13,955,859 14,903,757 13,949,325 Incremental shares from assumed conversions: Stock options and restricted stock 50,032 97,573 61,698 89,089 Average common shares outstanding - diluted 15,210,611 14,053,432 14,965,455 14,038,414 Diluted earnings per common share $ 0.42 $ 0.42 $ 1.02 $ 1.41

Securities (Tables)

Securities (Tables)	9 Months Ended
Securities (Tables)	Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-For-Sale Securities Reconciliation	The amortized cost, gross unrealized gains and losses and fair value of securities available-for-sale are summarized as follows (in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value September 30, 2020: U.S. Government-sponsored enterprises (GSEs) $ 30,311 $ 49 $ (150) $ 30,210 Municipal securities 88,864 1,948 (3) 90,809 Other debt securities 17,519 49 (66) 17,502 Mortgage-backed securities (GSEs) 74,424 1,938 (249) 76,113 Total $ 211,118 $ 3,984 $ (468) $ 214,634 December 31, 2019: U.S. Government-sponsored enterprises (GSEs) $ 19,015 $ 41 $ (56) $ 19,000 Municipal securities 63,792 618 (19) 64,391 Other debt securities 3,481 22 (33) 3,470 Mortgage-backed securities (GSEs) 91,531 382 (426) 91,487 Total $ 177,819 $ 1,063 $ (534) $ 178,348
Proceeds from sale of securities available for sale, gains losses and proceeds from redemption	Proceeds from sale of securities available for sale, gross gains and gross losses on sales and redemptions for the three and nine months ended September 30, 2020 and 2019 were as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Proceeds from sales $ 4,884 $ - $ 11,759 $ 16,515 Gross gains $ 17 $ - $ 43 $ 35 Gross losses $ (26) $ - $ (37) $ (1) Proceeds from redemptions $ 30,350 $ 5,250 $ 45,800 $ 15,555
Investments Classified by Contractual Maturity Date	The amortized cost and estimated fair value of securities at September 30, 2020, by contractual maturity for non-mortgage backed securities are shown below (in thousands) Amortized Fair Cost Value Due in one year or less $ 4,623 $ 4,679 Due from one year to five years 5,009 5,025 Due from five years to ten years 26,195 26,386 Due after ten years 100,867 102,431 136,694 138,521 Mortgage-backed securities 74,424 76,113 Total $ 211,118 $ 214,634
Schedule of Unrealized Loss on Investments	The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position (in thousands) Less than 12 Months 12 Months or Greater Total Gross Number Gross Number Gross Number Fair Unrealized of Fair Unrealized of Fair Unrealized of Value Losses Securities Value Losses Securities Value Losses Securities September 30, 2020: U.S. Government-sponsored enterprises (GSEs) $ 20,985 $ (149) 5 $ 140 $ (1) 1 $ 21,125 $ (150) 6 Municipal securities 3,892 (3) 3 — — — 3,892 (3) 3 Other debt securities 3,980 (55) 2 973 (11) 1 4,953 (66) 3 Mortgage-backed securities (GSEs) 10,456 (114) 7 7,636 (135) 3 18,092 (249) 10 Total $ 39,313 $ (321) 17 $ 8,749 $ (147) 5 $ 48,062 $ (468) 22 December 31, 2019: U.S. Government-sponsored enterprises (GSEs) $ 2,972 $ (43) 2 $ 5,987 $ (13) 2 $ 8,959 $ (56) 4 Municipal securities 3,656 (16) 4 527 (3) 1 4,183 (19) 5 Other debt securities — — — 947 (33) 1 947 (33) 1 Mortgage-backed securities (GSEs) 13,208 (194) 10 19,988 (232) 31 33,196 (426) 41 Total $ 19,836 $ (253) 16 $ 27,449 $ (281) 35 $ 47,285 $ (534) 51
Schedule of Other Investments	The following is the amortized cost and carrying value of other investments (in thousands) September 30, December 31, 2020 2019 Federal Reserve Bank stock $ 8,641 $ 7,917 Federal Home Loan Bank stock 5,838 4,646 First National Bankers Bank stock 350 350 Total $ 14,829 $ 12,913

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
Loans and Allowance for Loan Losses (Tables)	Sep. 30, 2020
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Major categories of loans are summarized as follows (in thousands) September 30, 2020 December 31, 2019 PCI All Other PCI All Other Loans 1 Loans Total Loans 1 Loans Total Commercial real estate $ 16,469 $ 1,014,182 $ 1,030,651 $ 15,255 $ 890,051 $ 905,306 Consumer real estate 10,801 429,509 440,310 6,541 410,941 417,482 Construction and land development 6,409 268,763 275,172 4,458 223,168 227,626 Commercial and industrial 317 644,181 644,498 407 336,668 337,075 Consumer and other 87 13,339 13,426 326 9,577 9,903 Total loans 34,083 2,369,974 2,404,057 26,987 1,870,405 1,897,392 Less: Allowance for loan losses — (18,817) (18,817) (156) (10,087) (10,243) Loans, net $ 34,083 $ 2,351,157 $ 2,385,240 $ 26,831 $ 1,860,318 $ 1,887,149 1
Schedule of Impaired and Performing Loans Receivable	The composition of loans by loan classification for impaired and performing loan status is summarized in the tables below (in thousands) Construction Commercial Commercial Consumer and Land and Consumer Real Estate Real Estate Development Industrial and Other Total September 30, 2020: Performing loans $ 1,013,631 $ 428,514 $ 268,763 $ 643,581 $ 13,339 $ 2,367,828 Impaired loans 551 995 — 600 — 2,146 1,014,182 429,509 268,763 644,181 13,339 2,369,974 PCI loans 16,469 10,801 6,409 317 87 34,083 Total loans $ 1,030,651 $ 440,310 $ 275,172 $ 644,498 $ 13,426 $ 2,404,057 December 31, 2019: Performing loans $ 889,795 $ 409,394 $ 222,621 $ 336,508 $ 9,577 $ 1,867,895 Impaired loans 256 1,547 547 160 — 2,510 890,051 410,941 223,168 336,668 9,577 1,870,405 PCI loans 15,255 6,541 4,458 407 326 26,987 Total loans $ 905,306 $ 417,482 $ 227,626 $ 337,075 $ 9,903 $ 1,897,392
Schedule of Allowance for Loan Losses for Impaired and Performing Loans Receivable	The following tables show the allowance for loan losses allocation by loan classification for impaired, PCI, and performing loans (in thousands) Construction Commercial Consumer Commercial Consumer and Land and and Real Estate Real Estate Development Industrial Other Total September 30, 2020: Performing loans $ 7,729 $ 3,366 $ 2,060 $ 5,055 $ 121 $ 18,331 Impaired loans — 78 — 408 — 486 7,729 3,444 2,060 5,463 121 18,817 PCI loans — — — — — — Total loans $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 December 31, 2019: Performing loans $ 4,491 $ 2,159 $ 1,127 $ 1,766 $ 69 $ 9,612 Impaired loans — 343 — 132 — 475 4,491 2,502 1,127 1,898 69 10,087 PCI loans 17 74 — 59 6 156 Total loans $ 4,508 $ 2,576 $ 1,127 $ 1,957 $ 75 $ 10,243
Schedule of Allowance for Loan Losses	The following tables detail the changes in the allowance for loan losses by loan classification (in thousands) Three Months Ended September 30, 2020 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 6,595 $ 3,313 $ 1,795 $ 4,443 $ 108 $ 16,254 Charged-off loans — (21) — (60) (89) (170) Recoveries of charge-offs 11 17 — 55 16 99 Provision (reallocation) charged to expense 1,123 135 265 1,025 86 2,634 Ending balance $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 Three Months Ended September 30, 2019 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 4,102 $ 2,189 $ 946 $ 1,746 $ 114 $ 9,097 Charged-off loans (36) (1) — (20) (50) (107) Recoveries of charge-offs 39 17 3 12 7 78 Provision (reallocation) charged to expense 155 65 94 410 — 724 Ending balance $ 4,260 $ 2,270 $ 1,043 $ 2,148 $ 71 $ 9,792 Nine Months Ended September 30, 2020 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 4,508 $ 2,576 $ 1,127 $ 1,957 $ 75 $ 10,243 Loans charged-off — (23) — (77) (231) (331) Recoveries of loans charged-off 16 34 2 103 67 222 Provision (reallocation) charged to expense 3,205 857 931 3,480 210 8,683 Ending balance $ 7,729 $ 3,444 $ 2,060 $ 5,463 $ 121 $ 18,817 Nine Months Ended September 30, 2019 Consumer Construction Commercial Commercial Real and Land and Consumer Real Estate Estate Development Industrial and Other Total Beginning balance $ 3,639 $ 1,789 $ 795 $ 1,746 $ 306 $ 8,275 Loans charged-off (36) (3) — (353) (260) (652) Recoveries of loans charged-off 63 37 7 66 82 255 Provision (reallocation) charged to expense 594 447 241 689 (57) 1,914 Ending balance $ 4,260 $ 2,270 $ 1,043 $ 2,148 $ 71 $ 9,792
Financing Receivable Credit Quality Indicators	The following tables outline the amount of each loan classification and the amount categorized into each risk rating (in thousands) September 30, 2020 Construction Commercial Commercial Consumer and Land and Consumer Non PCI Loans: Real Estate Real Estate Development Industrial and Other Total Pass $ 666,865 $ 394,794 $ 247,424 $ 619,308 $ 13,004 $ 1,941,395 Watch 336,122 32,578 21,269 23,655 294 413,918 Special mention 10,547 463 — 385 — 11,395 Substandard 648 1,588 70 728 17 3,051 Doubtful — 86 — 105 24 215 Total 1,014,182 429,509 268,763 644,181 13,339 2,369,974 PCI Loans: Pass 8,248 8,974 1,383 222 70 18,897 Watch 6,819 255 4,491 — 12 11,577 Special mention 19 56 — — — 75 Substandard 1,383 1,516 535 95 5 3,534 Doubtful — — — — — — Total 16,469 10,801 6,409 317 87 34,083 Total loans $ 1,030,651 $ 440,310 $ 275,172 $ 644,498 $ 13,426 $ 2,404,057 December 31, 2019 Construction Commercial Commercial Consumer and Land and Consumer Non PCI Loans: Real Estate Real Estate Development Industrial and Other Total Pass $ 860,447 $ 407,336 $ 216,459 $ 328,564 $ 9,462 $ 1,822,268 Watch 25,180 989 6,089 6,786 40 39,084 Special mention 4,057 738 — 1,033 — 5,828 Substandard 367 1,713 620 228 51 2,979 Doubtful — 165 — 57 24 246 Total 890,051 410,941 223,168 336,668 9,577 1,870,405 PCI Loans: Pass 12,473 5,258 902 41 300 18,974 Watch 2,234 38 3,556 — 13 5,841 Special mention 139 60 — — — 199 Substandard 409 1,185 — 366 13 1,973 Doubtful — — — — — — Total 15,255 6,541 4,458 407 326 26,987 Total loans $ 905,306 $ 417,482 $ 227,626 $ 337,075 $ 9,903 $ 1,897,392
Past Due Financing Receivables	The following tables present an aging analysis of our loan portfolio (in thousands) September 30, 2020 30-60 Days 61-89 Days Past Due 90 Total Past Due and Past Due and Days or More Past Due and PCI Current Total Accruing Accruing and Accruing Nonaccrual Nonaccrual Loans Loans Loans Commercial real estate $ 561 $ 616 $ — $ 418 $ 1,595 $ 16,469 $ 1,012,587 $ 1,030,651 Consumer real estate 975 124 — 1,586 2,685 10,801 426,824 440,310 Construction and land development 10 — — — 10 6,409 268,753 275,172 Commercial and industrial 16 6 — 204 226 317 643,955 644,498 Consumer and other 70 522 — 40 632 87 12,707 13,426 Total $ 1,632 $ 1,268 $ — $ 2,248 $ 5,148 $ 34,083 $ 2,364,826 $ 2,404,057 December 31, 2019 30-60 Days 61-89 Days Past Due 90 Total Past Due and Past Due and Days or More Past Due and PCI Current Total Accruing Accruing and Accruing Nonaccrual Nonaccrual Loans Loans Loans Commercial real estate $ 466 $ 22 $ — $ 124 $ 612 $ 15,255 $ 889,439 $ 905,306 Consumer real estate 1,564 30 — 1,872 3,466 6,541 407,475 417,482 Construction and land development 507 — 607 620 1,734 4,458 221,434 227,626 Commercial and industrial 559 53 — 57 669 407 335,999 337,075 Consumer and other 86 14 — 70 170 326 9,407 9,903 Total $ 3,182 $ 119 $ 607 $ 2,743 $ 6,651 $ 26,987 $ 1,863,754 $ 1,897,392
Impaired Financing Receivables	The following is an analysis of the impaired loan portfolio, including PCI loans, detailing the related allowance recorded (in thousands) September 30, 2020 December 31, 2019 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance Impaired loans without a valuation allowance: Commercial real estate $ 551 $ 551 $ — $ 256 $ 261 $ — Consumer real estate 795 795 — 553 553 — Construction and land development — — — 547 547 — Commercial and industrial — — — — — — Consumer and other — — — — — — 1,346 1,346 — 1,356 1,361 — Impaired loans with a valuation allowance: Commercial real estate — — — — — — Consumer real estate 200 200 78 994 994 343 Construction and land development — — — — — — Commercial and industrial 600 600 408 160 160 132 Consumer and other — — — — — — 800 800 486 1,154 1,154 475 PCI loans: Commercial real estate — — — 17 99 17 Consumer real estate 1,852 2,113 — 1,205 1,371 74 Construction and land development — — — — — — Commercial and industrial 279 242 — 396 534 59 Consumer and other 26 24 — 45 51 6 2,157 2,379 — 1,663 2,055 156 Total impaired loans $ 4,303 $ 4,525 $ 486 $ 4,173 $ 4,570 $ 631 Three Months Ended September 30, 2020 2019 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans without a valuation allowance: Commercial real estate $ 552 $ 3 $ 258 $ 3 Consumer real estate 758 3 568 4 Construction and land development — — 701 3 Commercial and industrial — — — — Consumer and other — — — — 1,310 6 1,527 10 Impaired loans with a valuation allowance: Commercial real estate 198 — — — Consumer real estate 440 4 396 4 Construction and land development — — — — Commercial and industrial 379 2 352 1 Consumer and other — — — — 1,017 6 748 5 PCI loans: Commercial real estate 8 — 2,520 — Consumer real estate 1,869 38 1,151 — Construction and land development — — — — Commercial and industrial 305 2 — — Consumer real estate 27 — — — 2,209 40 3,671 — Total impaired loans $ 4,536 $ 52 $ 5,946 $ 15 Nine Months Ended September 30, 2020 2019 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans without a valuation allowance: Commercial real estate $ 374 $ 7 $ 435 $ 28 Consumer real estate 653 17 768 8 Construction and land development 289 — 637 5 Commercial and industrial — — 25 1 Consumer and other — — 14 1 1,316 24 1,879 43 Impaired loans with a valuation allowance: Commercial real estate 198 2 12 1 Consumer real estate 712 18 248 6 Construction and land development — — 14 — Commercial and industrial 269 7 498 10 Consumer and other — — 28 — 1,179 27 800 17 PCI loans: Commercial real estate 250 1 1,894 (10) Consumer real estate 1,344 77 851 3 Construction and land development 58 — — — Commercial and industrial 343 5 — — Consumer and other 29 — — — 2,024 83 2,745 (7) Total impaired loans $ 4,519 $ 134 $ 5,424 $ 53
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period, Carrying Amount of Loans	The Company has acquired loans where there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans are as follows (in thousands) September 30, December 31, 2020 2019 Commercial real estate $ 24,179 $ 21,570 Consumer real estate 13,353 8,411 Construction and land development 1,910 5,394 Commercial and industrial 7,567 2,540 Consumer and other 199 504 Total loans 47,208 38,419 Less: Remaining purchase discount (13,125) (11,432) Total loans, net of purchase discount 34,083 26,987 Less: Allowance for loan losses — (156) Carrying amount, net of allowance $ 34,083 $ 26,831
Schedule of Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement	Activity related to the accretable yield on loans acquired with deteriorated credit quality is as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Accretable yield, beginning of period $ 11,777 $ 8,280 $ 8,454 $ 7,052 Additions — — 2,515 — Accretion income (1,267) (1,073) (4,401) (3,353) Reclassification 265 1,033 2,428 2,392 Other changes, net 7,405 390 9,184 2,539 Accretable yield, end of period $ 18,180 $ 8,630 $ 18,180 $ 8,630

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
Goodwill and Intangible Assets (Tables)	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The carrying amount of goodwill and other intangible assets as of the dates indicated is summarized below (in thousands) September 30, December 31, 2020 2019 Goodwill: Balance, beginning of period $ 65,614 $ 66,087 Adjustment to values initially recorded for Acquisition of Foothills Bancorp, Inc. — (473) Acquisition of PFG 8,302 — Adjustment to values initially recorded for Acquisition of PFG 1,014 — Balance, end of the period $ 74,930 $ 65,614
Schedule of Intangible Assets	September 30, December 31, 2020 2019 Core deposit intangible: Balance, beginning of period $ 14,550 $ 14,550 Acquisition of PFG 1,370 — Balance, gross core deposit intangible 15,920 14,550 Less: accumulated amortization (4,140) (2,971) Net core deposit intangible, net $ 11,780 $ 11,579
Schedule of Future Amortization Expense	The estimated aggregate amortization expense for future periods for core deposit intangibles is as follows (in thousands) Remainder of 2020 $ 400 2021 1,570 2022 1,526 2023 1,485 2024 1,456 Thereafter 5,343 Total $ 11,780

Borrowings and Line of Credit (

Borrowings and Line of Credit (Tables)	9 Months Ended
Borrowings and Line of Credit (Tables)	Sep. 30, 2020
Debt Disclosure [Abstract]
Schedule of debt	September 30, December 31, 2020 2019 Securities sold under customer repurchase agreements $ 6,193 $ 6,184 FHLB borrowings 75,000 25,000 PPPLF borrowings 237,780 — Other borrowings 418 439 Total $ 319,391 $ 31,623

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
Employee Benefit Plans (Tables)	Sep. 30, 2020
Defined Benefit Plan [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	A summary of the status of stock option plans is presented in the following table: Weighted Average Exercisable Number Price Outstanding at December 31, 2019 136,658 $ 10.29 Granted — — Exercised (27,858) 10.13 Forfeited (3,485) 15.05 Outstanding at September 30, 2020 105,315 $ 10.18
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	Information pertaining to stock options outstanding at September 30, 2020, is as follows: Options Outstanding Options Exercisable Weighted- Average Weighted- Weighted- Remaining Average Average Exercise Number Contractual Exercise Number Exercise Prices Outstanding Life Price Exercisable Price $ 6.60 20,000 1.45 years $ 6.60 20,000 $ 6.60 6.80 13,250 0.42 years 6.80 13,250 6.80 9.48 18,500 2.45 years 9.48 18,500 9.48 9.60 22,750 3.25 years 9.60 22,750 9.60 11.76 2,266 1.75 years 11.76 2,266 11.76 15.05 28,549 4.83 years 15.05 28,549 15.05 Outstanding, end of period 105,315 2.81 years $ 10.18 105,315 $ 10.18 Information pertaining to SARs outstanding at September 30, 2020, is as follows: SARs Outstanding SARs Exercisable Weighted- Average Weighted- Remaining Average Weighted- Average Exercise Number Contractual Exercise Number Exercise Prices Outstanding Life Price Exercisable Price $ 15.19 18,000 3.25 years $ 15.19 — $ — 18.12 21,000 2.25 years 18.12 — — 21.61 34,000 1.25 years 21.61 — — 21.72 12,000 0.25 years 21.72 12,000 21.72 Outstanding, end of period 85,000 1.78 years $ 19.40 12,000 $ 21.72
Schedule of Share-based Compensation, Restricted Stock Activity	A summary of the activity of the Company’s unvested restricted stock awards for the period ended September 30, 2020 is presented below: Weighted Average Grant-Date Number Fair Value Balance at December 31, 2019 65,400 $ 21.04 Granted 41,613 16.04 Vested (7,295) 18.32 Forfeited/expired (1,500) 18.12 Balance at September 30, 2020 98,218 $ 19.17
Share-based Payment Arrangement, Stock Appreciation Right, Activity	A summary of the status of SARs plans is presented in the following table: Weighted Average Number Exercisable Price Outstanding at December 31, 2019 67,000 $ 20.54 Granted 18,000 15.19 Exercised — — Forfeited — — Outstanding at September 30, 2020 85,000 $ 19.40

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	9 Months Ended
Commitments and Contingent Liabilities (Tables)	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Other Commitments	A summary of the Company’s total contractual amount for all off-balance sheet commitments are as follows (in thousands): September 30, December 31, 2020 2019 Commitments to extend credit $ 468,447 $ 384,411 Standby letters of credit 5,530 11,727

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
Fair Value Disclosures (Tables)	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis are as follows (in thousands) Quoted Prices in Significant Significant Active Markets Other Other for Identical Observable Unobservable Assets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) September 30, 2020: Assets: Securities available-for-sale: U.S. Government-sponsored enterprises (GSEs) $ 30,210 $ — $ 30,210 $ — Municipal securities 90,809 — 90,809 — Other debt securities 17,502 — 17,502 — Mortgage-backed securities (GSEs) 76,113 — 76,113 — Total securities available-for-sale $ 214,634 $ — $ 214,634 $ — Liabilities: Derivative financial instruments $ 6,791 $ — $ 6,791 $ — December 31, 2019: Assets: Securities available-for-sale: U.S. Government-sponsored enterprises (GSEs) $ 19,000 $ — $ 19,000 $ — Municipal securities 64,391 — 64,391 — Other debt securities 3,470 — 3,470 — Mortgage-backed securities (GSEs) 91,487 — 91,487 — Total securities available-for-sale $ 178,348 $ — $ 178,348 $ — Liabilities: Derivative financial instruments $ 3,446 — $ 3,446 —
Fair Value, Assets and Liabilities Measured on Non-Recurring Basis	Quoted Prices in Significant Significant Active Markets Other Other for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) September 30, 2020: Impaired loans $ 3,817 $ — $ — $ 3,817 Other real estate owned 3,932 — — 3,932 December 31, 2019: Impaired loans $ 2,185 $ — $ — $ 2,185 Other real estate owned 1,757 — — 1,757
Fair Value Measurement Inputs and Valuation Techniques	For Level 3 assets measured at fair value on a non-recurring basis, the significant unobservable inputs used in the fair value measurements are presented below (dollars in thousands) Weighted Valuation Significant Other Average of Fair Value Technique Unobservable Input Input September 30, 2020: Impaired loans $ 3,817 Appraisal Appraisal discounts 11 % Other real estate owned 3,932 Appraisal Appraisal discounts 23 % December 31, 2019: Impaired loans $ 2,185 Appraisal Appraisal discounts 22 % Other real estate owned 1,757 Appraisal Appraisal discounts 29 %
Fair Value, by Balance Sheet Grouping	The carrying amount and estimated fair value of the Company’s financial instruments are as follows (in thousands) Fair Value Measurements Using Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value September 30, 2020: Assets: Cash and cash equivalents $ 541,815 $ 541,815 $ — $ — $ 541,815 Securities available-for-sale 214,634 — 214,634 — 214,634 Other investments 14,829 N/A N/A N/A N/A Loans and loans held for sale 2,415,349 — — 2,406,262 2,406,262 Liabilities: Noninterest-bearing demand deposits 669,733 — 669,733 — 669,733 Interest-bearing demand deposits 534,128 — 534,128 — 534,128 Money market and savings deposits 871,098 — 871,098 — 871,098 Time deposits 577,064 — 581,389 — 581,389 Borrowings 319,391 — 315,340 — 315,340 Subordinated debt 39,325 — — 33,644 33,644 Derivative financial instruments 6,791 — 6,791 — 6,791 December 31, 2019: Assets: Cash and cash equivalents $ 183,971 $ 183,971 $ — $ — $ 183,971 Securities available-for-sale 178,348 — 178,348 — 178,348 Other investments 12,913 N/A N/A N/A N/A Loans, net and loans held for sale 1,893,005 — — 1,879,825 1,879,825 Liabilities: Noninterest-bearing demand deposits 364,155 — 364,155 — 364,155 Interest-bearing demand deposits 380,234 — 380,234 — 380,234 Money market and savings deposits 623,284 — 623,284 — 623,284 Time deposits 679,541 — 681,902 — 681,902 Borrowings 31,623 — 31,029 — 31,029 Subordinated debt 39,261 — — 35,868 35,868 Derivative financial instruments 3,446 — 3,446 — 3,446

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
Derivatives (Tables)	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value Hedge Relationships in Balance Sheet	A summary of the Company’s fair value hedge relationships for the periods presented are as follows (dollars in thousands) Weighted Average Balance Remaining Weighted Sheet Maturity Average Receive Notional Estimated Liability derivatives Location (In Years) Pay Rate Rate Amount Fair Value September 30, 2020: Interest rate swap agreements - securities Other liabilities 7.38 3.08 % 3 month LIBOR $ 36,000 $ (6,791) December 31, 2019: Interest rate swap agreements - securities Other liabilities 8.20 3.09 % 3 month LIBOR $ 36,000 $ (3,446)
Schedule of Fair Value Hedge Relationships on Income Statement	The effects of the Company’s fair value hedge relationships reported in interest income on tax-exempt available-for-sale securities on the consolidated income statement were as follows (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Interest income on tax-exempt securities $ 565 $ 400 $ 1,586 $ 1,305 Effects of fair value hedge relationships (201) (62) (522) (132) Reported interest income on tax-exempt securities $ 364 $ 338 $ 1,064 $ 1,173 Three Months Ended Nine Months Ended September 30, September 30, Gain (loss) on fair value hedging relationship 2020 2019 2020 2019 Interest rate swap agreements - securities: Hedged items $ 299 $ (1,045) $ (3,345) $ (3,282) Derivative designated as hedging instruments $ (299) $ 1,045 $ 3,345 $ 3,282
Schedule of Fair Value Hedges	The following amounts were recorded on the balance sheet related to cumulative basis adjustments for fair value hedges (in thousands) Cumulative Amount of Fair Value Hedging Adjustment Carrying Amount Included in Other Comprehensive Line item on the balance sheet of the Hedged Assets Income September 30, 2020: Securities available-for-sale $ 43,643 $ (2,145) December 31, 2019: Securities available-for-sale $ 42,710 $ 3,446

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Sep. 30, 2020
Leases [Abstract]
Summary of Lease Assets and Liabilities	The following table represents the consolidated balance sheet classification of the Company’s ROU assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet (in thousands) September 30, December 31, Classification 2020 2019 Assets: Operating lease right-of-use assets Other assets $ 5,286 $ 5,470 Liabilities: Operating lease liabilities Other liabilities $ 5,315 $ 5,479
Summary of Lease Costs and Other Information	The following table represents lease costs and other lease information, in thousands. As the Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Lease costs: Operating lease costs $ 272 $ 149 $ 779 $ 464 Short-term lease costs — 2 — 13 Variable lease costs 29 23 84 69 Total $ 301 $ 174 $ 863 $ 546 Other information: Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 264 $ 145 $ 759 $ 447
Summary of Future Minimum Payments	Future minimum payments for operating leases with initial or remaining terms of one year or more as of September 30, 2020, were as follows (in thousands) Amounts September 30, 2021 $ 1,006 September 30, 2022 760 September 30, 2023 571 September 30, 2024 385 September 30, 2025 348 Thereafter 3,119 Total future minimum lease payments 6,189 Amounts representing interest (874) Present value of net future minimum lease payments $ 5,315

Regulatory Matters (Tables)

Regulatory Matters (Tables)	9 Months Ended
Regulatory Matters (Tables)	Sep. 30, 2020
Banking and Thrift [Abstract]
Schedule of Regulatory Matters	Actual and required capital levels at September 30, 2020, and December 31, 2019 are presented below (dollars in thousands) Minimum to be well capitalized under Minimum for prompt capital corrective action Actual adequacy purposes provisions 1 Amount Ratio Amount Ratio Amount Ratio September 30, 2020 SmartFinancial: Total Capital (to Risk Weighted Assets) $ 323,297 13.81 % $ 187,225 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 265,155 11.33 % 140,419 6.00 % N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 265,155 11.33 % 105,314 4.50 % N/A N/A Tier 1 Capital (to Average Assets) 2 265,155 8.78 % 120,766 4.00 % N/A N/A SmartBank: Total Capital (to Risk Weighted Assets) $ 312,869 13.37 % $ 187,217 8.00 % $ 234,022 10.00 % Tier 1 Capital (to Risk Weighted Assets) 294,052 12.57 % 140,413 6.00 % 187,217 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 294,052 12.57 % 105,310 4.50 % 152,114 6.50 % Tier 1 Capital (to Average Assets) 2 294,052 9.74 % 120,762 4.00 % 150,953 5.00 % December 31, 2019 SmartFinancial: Total Capital (to Risk Weighted Assets) $ 287,937 14.02 % $ 164,313 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 238,433 11.61 % 123,235 6.00 % N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 238,433 11.61 % 92,426 4.50 % N/A N/A Tier 1 Capital (to Average Assets) 238,433 10.34 % 92,258 4.00 % N/A N/A SmartBank: Total Capital (to Risk Weighted Assets) $ 273,432 13.31 % $ 164,305 8.00 % $ 205,382 10.00 % Tier 1 Capital (to Risk Weighted Assets) 263,189 12.81 % 123,229 6.00 % 164,305 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 263,189 12.81 % 92,422 4.50 % 133,498 6.50 % Tier 1 Capital (to Average Assets) 263,189 11.41 % 92,254 4.00 % 115,317 5.00 % 1 2

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	9 Months Ended
Other Comprehensive Income (Loss) (Tables)	Sep. 30, 2020
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in each component of accumulated other comprehensive income (loss), net of tax, were as follows (in thousands) Three Months Ended September 30, 2020 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, June 30, 2020 $ 2,668 $ (2,076) $ 592 Other comprehensive income (loss) (64) 492 428 Reclassification of amounts included in net income (8) — (8) Net other comprehensive income (loss) during period (72) 492 420 Ending balance, September 30, 2020 $ 2,596 $ (1,584) $ 1,012 Three Months Ended September 30, 2019 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, June 30, 2019 $ 2,075 $ (2,646) $ (571) Other comprehensive income (loss) (1,535) 1,808 273 Reclassification of amounts included in net income 1 — 1 Net other comprehensive income (loss) during period (1,534) 1,808 274 Ending balance, September 30, 2019 $ 541 $ (838) $ (297) Nine Months Ended September 30, 2020 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, December 31, 2019 $ 391 $ (223) $ 168 Other comprehensive income (loss) 2,201 (1,361) 840 Reclassification of amounts included in net income 4 — 4 Net other comprehensive income (loss) during period 2,205 (1,361) 844 Ending balance, September 30, 2020 $ 2,596 $ (1,584) $ 1,012 Nine Months Ended September 30, 2019 Accumulated Securities Fair Value Other Available-for- Municipal Comprehensive Sale Security Hedges Income (Loss) Beginning balance, December 31, 2018 $ (1,979) $ (786) $ (2,765) Other comprehensive income (loss) 2,495 (52) 2,443 Reclassification of amounts included in net income 25 — 25 Net other comprehensive income (loss) during period 2,520 (52) 2,468 Ending balance, September 30, 2019 $ 541 $ (838) $ (297)

Business Combinations - Narrati

Business Combinations - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 01, 2020	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill		$ 74,930			$ 74,930	$ 74,930		$ 65,614	$ 66,087
Merger-related costs		290		$ 73		3,863	$ 2,792
Progressive Financial Group Inc. [Member]
Business Acquisition [Line Items]
Assets acquired	$ 301,041	297,850			297,850	297,850
Liabilities assumed	$ 272,052	272,781			272,781	272,781
Cash to be paid upon conversion (in dollars per share)	$ 474.82
Common shares to be converted (in shares)	62.3808
Common stock issued (in shares)	1,292,578
Cash	$ 9,800				9,838
Goodwill	9,300	$ 9,316			$ 9,316	$ 9,316
Intangible assets acquired	$ 1,400
Useful life	10 years
Merger-related costs			$ 290

Business Combinations - Allocat

Business Combinations - Allocation of Purchase Price (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Consideration transferred:
Goodwill		$ 74,930	$ 74,930	$ 65,614	$ 66,087
Progressive Financial Group Inc. [Member]
Assets:
Cash & cash equivalents	$ 55,971	55,971	55,971
Investment securities available-for-sale	27,054	27,257	27,257
Restricted investments	692	692	692
Loans	191,672	187,981	187,981
Allowance for loan losses	(2,832)	0	0
Premises and equipment, net	15,681	12,762	12,762
Bank owned life insurance	5,560	5,560	5,560
Deferred tax asset, net	0	1,173	1,173
Intangibles	0	1,370	1,370
Other real estate owned	3,695	2,221	2,221
Interest Receivable	1,061	781	781
Prepaids	375	201	201
Goodwill	231	0	0
Other assets	1,881	1,881	1,881
Total assets acquired	301,041	297,850	297,850
Liabilities:
Deposits	271,276	271,276	271,276
Time deposit premium	0	729	729
Payables and other liabilities	776	776	776
Total liabilities assumed	272,052	272,781	272,781
Excess of assets assumed over liabilities assumed	28,989	25,069	25,069
Consideration transferred:
Cash	$ 9,800	9,838
Common stock issued (1,292,578 shares)		24,547
Common stock issued (in shares)	1,292,578
Total fair value of consideration transferred	$ 34,385
Goodwill	$ 9,300	9,316	9,316
Assets:
Cash & cash equivalents		0
Investment securities available-for-sale		203
Restricted investments		0
Loans		(3,691)
Allowance for loan losses		2,832
Premises and equipment, net		(2,919)
Bank owned life insurance		0
Deferred tax asset, net		1,173
Intangibles		1,370
Other real estate owned		(1,474)
Interest Receivable		(280)
Prepaids		(174)
Goodwill		(231)	$ 1,014	$ 0
Other assets		0
Total assets acquired		(3,191)
Liabilities:
Deposits		0
Time deposit premium		729
Payables and other liabilities		0
Total liabilities assumed		729
Aggregate fair value adjustments		$ (3,920)

Business Combinations - Schedul

Business Combinations - Schedule of Goodwill (Details) - USD ($) $ in Thousands	7 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019	Mar. 01, 2020	Dec. 31, 2018
Goodwill	$ 74,930	$ 74,930	$ 65,614		$ 66,087
Progressive Financial Group Inc. [Member]
Goodwill	9,316	9,316		$ 9,300
Goodwill, Purchase Accounting Adjustments	$ (231)	$ 1,014	$ 0

Business Combinations - Loans A

Business Combinations - Loans Acquired (Details) - Progressive Financial Group Inc. [Member] - Purchased Credit Impaired Loans [Member] $ in Thousands	Mar. 01, 2020USD ($)
Business Acquisition [Line Items]
Contractually required principal and interest	$ 21,107
Non-accretable differences	4,706
Cash flows expected to be collected	16,401
Accretable yield	2,515
Fair value	$ 13,886

Business Combinations - Pro For

Business Combinations - Pro Forma Information (Details) - Progressive Financial Group Inc. [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Business Acquisition [Line Items]
Revenue since acquisition	$ 3,029		$ 7,189
Pro forma revenue	30,163	$ 27,409	87,852	$ 87,464
Net income since acquisition	1,228		2,707
Pro forma net income (loss)	$ 6,609	$ 8,989	$ 17,887	$ 20,868

Earnings per share - Narrative

Earnings per share - Narrative (Details) - shares	3 Months Ended		6 Months Ended	9 Months Ended
Earnings per share - Narrative (Details) - shares	Sep. 30, 2020	Jun. 30, 2019	Jun. 30, 2019	Sep. 30, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	114,000	0	0	85,000

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Basic earnings per share computation:
Net income available to common stockholders	$ 6,395	$ 5,963	$ 15,302	$ 19,815
Average common shares outstanding - basic (in shares)	15,160,579	13,955,859	14,903,757	13,949,325
Basic earnings per share (in dollars per share)	$ 0.42	$ 0.43	$ 1.03	$ 1.42
Diluted earnings per share computation:
Stock options and restricted stock (in shares)	50,032	97,573	61,698	89,089
Average common shares outstanding - diluted (in shares)	15,210,611	14,053,432	14,965,455	14,038,414
Diluted earnings per common share (in dollars per share)	$ 0.42	$ 0.42	$ 1.02	$ 1.41

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value of Available-for-sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 211,118	$ 177,819
Gross Unrealized Gains	3,984	1,063
Gross Unrealized Losses	(468)	(534)
Fair Value	214,634	178,348
US Government-sponsored Enterprises Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	30,311	19,015
Gross Unrealized Gains	49	41
Gross Unrealized Losses	(150)	(56)
Fair Value	30,210	19,000
Municipal securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	88,864	63,792
Gross Unrealized Gains	1,948	618
Gross Unrealized Losses	(3)	(19)
Fair Value	90,809	64,391
Other debt securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	17,519	3,481
Gross Unrealized Gains	49	22
Gross Unrealized Losses	(66)	(33)
Fair Value	17,502	3,470
Mortgage-backed securities (GSEs) [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	74,424	91,531
Gross Unrealized Gains	1,938	382
Gross Unrealized Losses	(249)	(426)
Fair Value	$ 76,113	$ 91,487

Securities - Narrative (Details

Securities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Collateral Pledged [Member]
Loans and Leases Receivable Disclosure [Line Items]
Restricted securities	$ 74.9	$ 92.3

Securities - Proceeds from sale

Securities - Proceeds from sale of securities available for sale, gains losses and proceeds from redemption (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales of securities available-for-sale	$ 4,884		$ 11,759	$ 16,515
Gross gains	17		43	35
Gross losses	(26)		(37)	(1)
Proceeds from redemptions	$ 30,350	$ 5,250	$ 45,800	$ 15,555

Securities - Available-for-sale

Securities - Available-for-sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Amortized Cost
Securities Available for Sale, Due in one year or less, Amortized Cost	$ 4,623
Securities Available for Sale, Due from one year to five years, Amortized Cost	5,009
Securities Available for Sale, Due from five years to ten years, Amortized Cost	26,195
Securities Available for Sale, Due after ten years, Amortized Cost	100,867
Securities Available for Sale, Amortized Cost	136,694
Amortized Cost	211,118	$ 177,819
Fair Value
Securities Available for Sale, Due in one year or less, Fair Value	4,679
Securities Available for Sale, Due from one year to five years, Fair Value	5,025
Securities Available for Sale, Due from five years to ten years, Fair Value	26,386
Securities Available for Sale, Due after ten years, Fair Value	102,431
Securities Available for Sale, Fair Value	138,521
Securities available for sale	214,634	$ 178,348
Mortgage-backed securities [Member]
Amortized Cost
Mortgage-backed securities, Amortized Cost	74,424
Fair Value
Mortgage-backed securities, Fair Value	$ 76,113

Securities - Available-for-sa_2

Securities - Available-for-sale Securities in Continuous Loss Position (Details) $ in Thousands	Sep. 30, 2020USD ($)security	Dec. 31, 2019USD ($)security
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, fair value, less than 12 months	$ 39,313	$ 19,836
Available-for-sale, gross unrealized losses, less than 12 months	$ (321)	$ (253)
Available-for-sale, less than 12 months, number of securities	17	16
Available-for-sale, fair value, 12 months or greater	$ 8,749	$ 27,449
Available-for-sale, gross unrealized losses, 12 months or greater	$ (147)	$ (281)
Available-for-sale, 12 months or greater, number of securities	5	35
Securities available for sale	$ 48,062	$ 47,285
Available-for-sale, gross unrealized losses, total	$ (468)	$ (534)
Available-for-sale, total, number of securities	22	51
US Government-sponsored Enterprises Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, fair value, less than 12 months	$ 20,985	$ 2,972
Available-for-sale, gross unrealized losses, less than 12 months	$ (149)	$ (43)
Available-for-sale, less than 12 months, number of securities \| security	5	2
Available-for-sale, fair value, 12 months or greater	$ 140	$ 5,987
Available-for-sale, gross unrealized losses, 12 months or greater	$ (1)	$ (13)
Available-for-sale, 12 months or greater, number of securities \| security	1	2
Securities available for sale	$ 21,125	$ 8,959
Available-for-sale, gross unrealized losses, total	$ (150)	$ (56)
Available-for-sale, total, number of securities \| security	6	4
Municipal securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, fair value, less than 12 months	$ 3,892	$ 3,656
Available-for-sale, gross unrealized losses, less than 12 months	$ (3)	$ (16)
Available-for-sale, less than 12 months, number of securities \| security	3	4
Available-for-sale, fair value, 12 months or greater	$ 0	$ 527
Available-for-sale, gross unrealized losses, 12 months or greater	0	$ (3)
Available-for-sale, 12 months or greater, number of securities \| security		1
Securities available for sale	3,892	$ 4,183
Available-for-sale, gross unrealized losses, total	$ (3)	$ (19)
Available-for-sale, total, number of securities \| security	3	5
Other debt securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, fair value, less than 12 months	$ 3,980	$ 0
Available-for-sale, gross unrealized losses, less than 12 months	$ (55)	0
Available-for-sale, less than 12 months, number of securities \| security	2
Available-for-sale, fair value, 12 months or greater	$ 973	947
Available-for-sale, gross unrealized losses, 12 months or greater	$ (11)	$ (33)
Available-for-sale, 12 months or greater, number of securities \| security	1	1
Securities available for sale	$ 4,953	$ 947
Available-for-sale, gross unrealized losses, total	$ (66)	$ (33)
Available-for-sale, total, number of securities \| security	3	1
Mortgage-backed securities (GSEs) [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, fair value, less than 12 months	$ 10,456	$ 13,208
Available-for-sale, gross unrealized losses, less than 12 months	$ (114)	$ (194)
Available-for-sale, less than 12 months, number of securities \| security	7	10
Available-for-sale, fair value, 12 months or greater	$ 7,636	$ 19,988
Available-for-sale, gross unrealized losses, 12 months or greater	$ (135)	$ (232)
Available-for-sale, 12 months or greater, number of securities \| security	3	31
Securities available for sale	$ 18,092	$ 33,196
Available-for-sale, gross unrealized losses, total	$ (249)	$ (426)
Available-for-sale, total, number of securities \| security	10	41

Securities - Other Investments

Securities - Other Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Other investments	$ 14,829	$ 12,913
Federal Reserve Bank Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Other investments	8,641	7,917
Federal Home Loan Bank Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Other investments	5,838	4,646
First National Bankers Bank Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Other investments	$ 350	$ 350

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Loan Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,404,057		$ 1,897,392
Less: Allowance for loan losses	(18,817)	$ (16,254)	(10,243)	$ (9,792)	$ (9,097)	$ (8,275)
Loans, net	2,385,240		1,887,149
Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	34,083		26,987
Less: Allowance for loan losses	0		(156)
Loans, net	34,083		26,831
All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,369,974		1,870,405
Less: Allowance for loan losses	(18,817)		(10,087)
Loans, net	2,351,157		1,860,318
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,030,651		905,306
Less: Allowance for loan losses	(7,729)	(6,595)	(4,508)	(4,260)	(4,102)	(3,639)
Commercial Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	16,469		15,255
Less: Allowance for loan losses	0		(17)
Commercial Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,014,182		890,051
Less: Allowance for loan losses	(7,729)		(4,491)
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	440,310		417,482
Less: Allowance for loan losses	(3,444)	(3,313)	(2,576)	(2,270)	(2,189)	(1,789)
Consumer Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	10,801		6,541
Less: Allowance for loan losses	0		(74)
Consumer Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	429,509		410,941
Less: Allowance for loan losses	(3,444)		(2,502)
Construction and Land Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	275,172		227,626
Less: Allowance for loan losses	(2,060)	(1,795)	(1,127)	(1,043)	(946)	(795)
Construction and Land Development [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	6,409		4,458
Less: Allowance for loan losses	0		0
Construction and Land Development [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	268,763		223,168
Less: Allowance for loan losses	(2,060)		(1,127)
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	644,498		337,075
Less: Allowance for loan losses	(5,463)	(4,443)	(1,957)	(2,148)	(1,746)	(1,746)
Commercial and Industrial [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	317		407
Less: Allowance for loan losses	0		(59)
Commercial and Industrial [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	644,181		336,668
Less: Allowance for loan losses	(5,463)		(1,898)
Consumer and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	13,426		9,903
Less: Allowance for loan losses	(121)	$ (108)	(75)	$ (71)	$ (114)	$ (306)
Consumer and Other [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	87		326
Less: Allowance for loan losses	0		(6)
Consumer and Other [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	13,339		9,577
Less: Allowance for loan losses	$ (121)		$ (69)

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020USD ($)loanproperty	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)loanpropertysegment	Sep. 30, 2019USD ($)loan	Dec. 31, 2019USD ($)loan	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loan portfolio segments \| segment			5
Number of contracts \| loan			1	0
Number of contracts, subsequent payment default \| loan			0
Number of properties in other real estate owned \| property	1		1
Provision (reallocation) charged to expense	$ 2,634	$ 724	$ 8,683	$ 1,914
Increase (decrease) provision for loan expensed			6,800
Allowance for loan losses	$ 18,817	$ 9,792	$ 18,817	$ 9,792	$ 10,243	$ 16,254	$ 9,097	$ 8,275
Allowance for loan losses basis points			1.25%		1.00%
Percentage of allowance for credit losses to aggregate loans	0.78%		0.78%		0.54%
Trouble Debt Restructuring [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans that met criteria for restructured	$ 8		$ 8		$ 61
Number of contracts, nonaccrual \| loan	0		0		0
COVID-19 [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of contracts \| loan			289
Number of loans related to payroll protection program \| loan	2,950		2,950
Payroll Protection Program Loans Outstanding	$ 300,800		$ 300,800
Loan modification, amount	$ 232,500		$ 232,500
Aggregate loans outstanding percentage	9.70%		9.70%
Finance receivable increase (decrease) in reserve	$ 8,300

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Performing and Impaired Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,404,057	$ 1,897,392
All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,369,974	1,870,405
Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	34,083	26,987
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,030,651	905,306
Commercial Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,014,182	890,051
Commercial Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	16,469	15,255
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	440,310	417,482
Consumer Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	429,509	410,941
Consumer Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	10,801	6,541
Construction and Land Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	275,172	227,626
Construction and Land Development [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	268,763	223,168
Construction and Land Development [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	6,409	4,458
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	644,498	337,075
Commercial and Industrial [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	644,181	336,668
Commercial and Industrial [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	317	407
Consumer and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	13,426	9,903
Consumer and Other [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	13,339	9,577
Consumer and Other [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	87	326
Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,367,828	1,867,895
Performing [Member] \| Commercial Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,013,631	889,795
Performing [Member] \| Consumer Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	428,514	409,394
Performing [Member] \| Construction and Land Development [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	268,763	222,621
Performing [Member] \| Commercial and Industrial [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	643,581	336,508
Performing [Member] \| Consumer and Other [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	13,339	9,577
Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,146	2,510
Impaired Loans [Member] \| Commercial Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	551	256
Impaired Loans [Member] \| Consumer Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	995	1,547
Impaired Loans [Member] \| Construction and Land Development [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	547
Impaired Loans [Member] \| Commercial and Industrial [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	600	160
Impaired Loans [Member] \| Consumer and Other [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 0	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - ALL by Loan Classification (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 18,817	$ 16,254	$ 10,243	$ 9,792	$ 9,097	$ 8,275
All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	18,817		10,087
Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		156
Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	18,331		9,612
Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	486		475
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	7,729	6,595	4,508	4,260	4,102	3,639
Commercial Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	7,729		4,491
Commercial Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		17
Commercial Real Estate [Member] \| Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	7,729		4,491
Commercial Real Estate [Member] \| Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		0
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	3,444	3,313	2,576	2,270	2,189	1,789
Consumer Real Estate [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	3,444		2,502
Consumer Real Estate [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		74
Consumer Real Estate [Member] \| Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	3,366		2,159
Consumer Real Estate [Member] \| Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	78		343
Construction and Land Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	2,060	1,795	1,127	1,043	946	795
Construction and Land Development [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	2,060		1,127
Construction and Land Development [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		0
Construction and Land Development [Member] \| Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	2,060		1,127
Construction and Land Development [Member] \| Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		0
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	5,463	4,443	1,957	2,148	1,746	1,746
Commercial and Industrial [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	5,463		1,898
Commercial and Industrial [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		59
Commercial and Industrial [Member] \| Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	5,055		1,766
Commercial and Industrial [Member] \| Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	408		132
Consumer and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	121	$ 108	75	$ 71	$ 114	$ 306
Consumer and Other [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	121		69
Consumer and Other [Member] \| Purchased Credit Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	0		6
Consumer and Other [Member] \| Performing [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	121		69
Consumer and Other [Member] \| Impaired Loans [Member] \| All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 0		$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - ALL Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 16,254	$ 9,097	$ 10,243	$ 8,275
Charged off loans	(170)	(107)	(331)	(652)
Recoveries of charge-offs	99	78	222	255
Provision (reallocation) charged to expense	2,634	724	8,683	1,914
Ending balance	18,817	9,792	18,817	9,792
Commercial Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	6,595	4,102	4,508	3,639
Charged off loans	0	(36)	0	(36)
Recoveries of charge-offs	11	39	16	63
Provision (reallocation) charged to expense	1,123	155	3,205	594
Ending balance	7,729	4,260	7,729	4,260
Consumer Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	3,313	2,189	2,576	1,789
Charged off loans	(21)	(1)	(23)	(3)
Recoveries of charge-offs	17	17	34	37
Provision (reallocation) charged to expense	135	65	857	447
Ending balance	3,444	2,270	3,444	2,270
Construction and Land Development [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,795	946	1,127	795
Charged off loans	0	0	0	0
Recoveries of charge-offs	0	3	2	7
Provision (reallocation) charged to expense	265	94	931	241
Ending balance	2,060	1,043	2,060	1,043
Commercial and Industrial [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	4,443	1,746	1,957	1,746
Charged off loans	(60)	(20)	(77)	(353)
Recoveries of charge-offs	55	12	103	66
Provision (reallocation) charged to expense	1,025	410	3,480	689
Ending balance	5,463	2,148	5,463	2,148
Consumer and Other [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	108	114	75	306
Charged off loans	(89)	(50)	(231)	(260)
Recoveries of charge-offs	16	7	67	82
Provision (reallocation) charged to expense	86	0	210	(57)
Ending balance	$ 121	$ 71	$ 121	$ 71

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Loan Risk Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 2,404,057	$ 1,897,392
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,030,651	905,306
Consumer Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	440,310	417,482
Construction and Land Development [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	275,172	227,626
Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	644,498	337,075
Consumer and Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	13,426	9,903
All Other Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	2,369,974	1,870,405
All Other Loans [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,941,395	1,822,268
All Other Loans [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	413,918	39,084
All Other Loans [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	11,395	5,828
All Other Loans [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	3,051	2,979
All Other Loans [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	215	246
All Other Loans [Member] \| Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,014,182	890,051
All Other Loans [Member] \| Commercial Real Estate [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	666,865	860,447
All Other Loans [Member] \| Commercial Real Estate [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	336,122	25,180
All Other Loans [Member] \| Commercial Real Estate [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	10,547	4,057
All Other Loans [Member] \| Commercial Real Estate [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	648	367
All Other Loans [Member] \| Commercial Real Estate [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
All Other Loans [Member] \| Consumer Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	429,509	410,941
All Other Loans [Member] \| Consumer Real Estate [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	394,794	407,336
All Other Loans [Member] \| Consumer Real Estate [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	32,578	989
All Other Loans [Member] \| Consumer Real Estate [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	463	738
All Other Loans [Member] \| Consumer Real Estate [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,588	1,713
All Other Loans [Member] \| Consumer Real Estate [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	86	165
All Other Loans [Member] \| Construction and Land Development [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	268,763	223,168
All Other Loans [Member] \| Construction and Land Development [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	247,424	216,459
All Other Loans [Member] \| Construction and Land Development [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	21,269	6,089
All Other Loans [Member] \| Construction and Land Development [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
All Other Loans [Member] \| Construction and Land Development [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	70	620
All Other Loans [Member] \| Construction and Land Development [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
All Other Loans [Member] \| Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	644,181	336,668
All Other Loans [Member] \| Commercial and Industrial [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	619,308	328,564
All Other Loans [Member] \| Commercial and Industrial [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	23,655	6,786
All Other Loans [Member] \| Commercial and Industrial [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	385	1,033
All Other Loans [Member] \| Commercial and Industrial [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	728	228
All Other Loans [Member] \| Commercial and Industrial [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	105	57
All Other Loans [Member] \| Consumer and Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	13,339	9,577
All Other Loans [Member] \| Consumer and Other [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	13,004	9,462
All Other Loans [Member] \| Consumer and Other [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	294	40
All Other Loans [Member] \| Consumer and Other [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
All Other Loans [Member] \| Consumer and Other [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	17	51
All Other Loans [Member] \| Consumer and Other [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	24	24
Purchased Credit Impaired Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	34,083	26,987
Purchased Credit Impaired Loans [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	18,897	18,974
Purchased Credit Impaired Loans [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	11,577	5,841
Purchased Credit Impaired Loans [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	75	199
Purchased Credit Impaired Loans [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	3,534	1,973
Purchased Credit Impaired Loans [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	16,469	15,255
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	8,248	12,473
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	6,819	2,234
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	19	139
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,383	409
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	10,801	6,541
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	8,974	5,258
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	255	38
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	56	60
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,516	1,185
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	6,409	4,458
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,383	902
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	4,491	3,556
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	535	0
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	317	407
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	222	41
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	95	366
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	87	326
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member] \| Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	70	300
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member] \| Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	12	13
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member] \| Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	0	0
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member] \| Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	5	13
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member] \| Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 0	$ 0

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	$ 0	$ 607
Nonaccrual	2,248	2,743
Total Past Due and Nonaccrual	5,148	6,651
Current Loans	2,364,826	1,863,754
Total loans	2,404,057	1,897,392
Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	1,632	3,182
Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	1,268	119
Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	0	0
Nonaccrual	418	124
Total Past Due and Nonaccrual	1,595	612
Current Loans	1,012,587	889,439
Total loans	1,030,651	905,306
Commercial Real Estate [Member] \| Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	561	466
Commercial Real Estate [Member] \| Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	616	22
Consumer Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	0	0
Nonaccrual	1,586	1,872
Total Past Due and Nonaccrual	2,685	3,466
Current Loans	426,824	407,475
Total loans	440,310	417,482
Consumer Real Estate [Member] \| Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	975	1,564
Consumer Real Estate [Member] \| Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	124	30
Construction and Land Development [Member]
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	0	607
Nonaccrual	0	620
Total Past Due and Nonaccrual	10	1,734
Current Loans	268,753	221,434
Total loans	275,172	227,626
Construction and Land Development [Member] \| Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	10	507
Construction and Land Development [Member] \| Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	0	0
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	0	0
Nonaccrual	204	57
Total Past Due and Nonaccrual	226	669
Current Loans	643,955	335,999
Total loans	644,498	337,075
Commercial and Industrial [Member] \| Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	16	559
Commercial and Industrial [Member] \| Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	6	53
Consumer and Other [Member]
Financing Receivable, Past Due [Line Items]
Past Due 90 Days or More and Accruing	0	0
Nonaccrual	40	70
Total Past Due and Nonaccrual	632	170
Current Loans	12,707	9,407
Total loans	13,426	9,903
Consumer and Other [Member] \| Financial Asset, 30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	70	86
Consumer and Other [Member] \| Financial Asset, 60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due and accruing	522	14
Purchased Credit Impaired Loans [Member]
Financing Receivable, Past Due [Line Items]
Total loans	34,083	26,987
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total loans	16,469	15,255
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total loans	10,801	6,541
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member]
Financing Receivable, Past Due [Line Items]
Total loans	6,409	4,458
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total loans	317	407
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member]
Financing Receivable, Past Due [Line Items]
Total loans	$ 87	$ 326

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Impaired Loan Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Related Allowance	$ 486		$ 486		$ 631
Total impaired loans, Recorded Investment	4,303		4,303		4,173
Total impaired loans, Unpaid Principal Balance	4,525		4,525		4,570
Total impaired loans, Average Recorded Investment	4,536	$ 5,946	4,519	$ 5,424
Total impaired loans, Interest Income Recognized	52	15	134	53
All Other Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	1,346		1,346		1,356
Impaired loans without a valuation allowance, Unpaid Principal Balance	1,346		1,346		1,361
Impaired loans with a valuation allowance, Recorded Investment	800		800		1,154
Impaired loans with a valuation allowance, Unpaid Principal Balance	800		800		1,154
Impaired loans with a valuation allowance, Related Allowance	486		486		475
Impaired loans without a valuation allowance, Average Recorded Investment	1,310	1,527	1,316	1,879
Impaired loans without a valuation allowance, Interest Income Recognized	6	10	24	43
Impaired loans with a valuation allowance, Average Recorded Investment	1,017	748	1,179	800
Impaired loans with a valuation allowance, Interest Income Recognized	6	5	27	17
All Other Loans [Member] \| Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	551		551		256
Impaired loans without a valuation allowance, Unpaid Principal Balance	551		551		261
Impaired loans with a valuation allowance, Recorded Investment	0		0		0
Impaired loans with a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Related Allowance	0		0		0
Impaired loans without a valuation allowance, Average Recorded Investment	552	258	374	435
Impaired loans without a valuation allowance, Interest Income Recognized	3	3	7	28
Impaired loans with a valuation allowance, Average Recorded Investment	198	0	198	12
Impaired loans with a valuation allowance, Interest Income Recognized	0	0	2	1
All Other Loans [Member] \| Consumer Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	795		795		553
Impaired loans without a valuation allowance, Unpaid Principal Balance	795		795		553
Impaired loans with a valuation allowance, Recorded Investment	200		200		994
Impaired loans with a valuation allowance, Unpaid Principal Balance	200		200		994
Impaired loans with a valuation allowance, Related Allowance	78		78		343
Impaired loans without a valuation allowance, Average Recorded Investment	758	568	653	768
Impaired loans without a valuation allowance, Interest Income Recognized	3	4	17	8
Impaired loans with a valuation allowance, Average Recorded Investment	440	396	712	248
Impaired loans with a valuation allowance, Interest Income Recognized	4	4	18	6
All Other Loans [Member] \| Construction and Land Development [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	0		0		547
Impaired loans without a valuation allowance, Unpaid Principal Balance	0		0		547
Impaired loans with a valuation allowance, Recorded Investment	0		0		0
Impaired loans with a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Related Allowance	0		0		0
Impaired loans without a valuation allowance, Average Recorded Investment	0	701	289	637
Impaired loans without a valuation allowance, Interest Income Recognized	0	3	0	5
Impaired loans with a valuation allowance, Average Recorded Investment	0	0	0	14
Impaired loans with a valuation allowance, Interest Income Recognized	0	0	0	0
All Other Loans [Member] \| Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	0		0		0
Impaired loans without a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Recorded Investment	600		600		160
Impaired loans with a valuation allowance, Unpaid Principal Balance	600		600		160
Impaired loans with a valuation allowance, Related Allowance	408		408		132
Impaired loans without a valuation allowance, Average Recorded Investment	0	0	0	25
Impaired loans without a valuation allowance, Interest Income Recognized	0	0	0	1
Impaired loans with a valuation allowance, Average Recorded Investment	379	352	269	498
Impaired loans with a valuation allowance, Interest Income Recognized	2	1	7	10
All Other Loans [Member] \| Consumer and Other [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans without a valuation allowance, Recorded Investment	0		0		0
Impaired loans without a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Recorded Investment	0		0		0
Impaired loans with a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Related Allowance	0		0		0
Impaired loans without a valuation allowance, Average Recorded Investment	0	0	0	14
Impaired loans without a valuation allowance, Interest Income Recognized	0	0	0	1
Impaired loans with a valuation allowance, Average Recorded Investment	0	0	0	28
Impaired loans with a valuation allowance, Interest Income Recognized	0	0	0	0
Purchased Credit Impaired Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	2,157		2,157		1,663
Impaired loans with a valuation allowance, Unpaid Principal Balance	2,379		2,379		2,055
Impaired loans with a valuation allowance, Related Allowance	0		0		156
Impaired loans with a valuation allowance, Average Recorded Investment	2,209	3,671	2,024	2,745
Impaired loans with a valuation allowance, Interest Income Recognized	40	0	83
Impaired loans with a valuation allowance, Interest Income (Expense) Recognized				(7)
Purchased Credit Impaired Loans [Member] \| Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	0		0		17
Impaired loans with a valuation allowance, Unpaid Principal Balance	0		0		99
Impaired loans with a valuation allowance, Related Allowance	0		0		17
Impaired loans with a valuation allowance, Average Recorded Investment	8	2,520	250	1,894
Impaired loans with a valuation allowance, Interest Income Recognized	0	0	1
Impaired loans with a valuation allowance, Interest Income (Expense) Recognized				(10)
Purchased Credit Impaired Loans [Member] \| Consumer Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	1,852		1,852		1,205
Impaired loans with a valuation allowance, Unpaid Principal Balance	2,113		2,113		1,371
Impaired loans with a valuation allowance, Related Allowance	0		0		74
Impaired loans with a valuation allowance, Average Recorded Investment	1,869	1,151	1,344	851
Impaired loans with a valuation allowance, Interest Income Recognized	38	0	77	3
Purchased Credit Impaired Loans [Member] \| Construction and Land Development [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	0		0		0
Impaired loans with a valuation allowance, Unpaid Principal Balance	0		0		0
Impaired loans with a valuation allowance, Related Allowance	0		0		0
Impaired loans with a valuation allowance, Average Recorded Investment	0	0	58	0
Impaired loans with a valuation allowance, Interest Income Recognized	0	0	0	0
Purchased Credit Impaired Loans [Member] \| Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	279		279		396
Impaired loans with a valuation allowance, Unpaid Principal Balance	242		242		534
Impaired loans with a valuation allowance, Related Allowance	0		0		59
Impaired loans with a valuation allowance, Average Recorded Investment	305	0	343	0
Impaired loans with a valuation allowance, Interest Income Recognized	2	0	5	0
Purchased Credit Impaired Loans [Member] \| Consumer and Other [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with a valuation allowance, Recorded Investment	26		26		45
Impaired loans with a valuation allowance, Unpaid Principal Balance	24		24		51
Impaired loans with a valuation allowance, Related Allowance	0		0		$ 6
Impaired loans with a valuation allowance, Average Recorded Investment	27	0	29	0
Impaired loans with a valuation allowance, Interest Income Recognized	$ 0	$ 0	$ 0	$ 0

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Purchased Credit Impaired Loans (Details) - Purchased Credit Impaired Loans [Member] - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	$ 47,208	$ 38,419
Less: Remaining purchase discount	(13,125)	(11,432)
Total loans, net of purchase discount	34,083	26,987
Less: Allowance for loan losses	0	(156)
Carrying amount, net of allowance	34,083	26,831
Commercial Real Estate [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	24,179	21,570
Consumer Real Estate [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	13,353	8,411
Construction and Land Development [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	1,910	5,394
Commercial and Industrial [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	7,567	2,540
Consumer and Other [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Total loans	$ 199	$ 504

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Accretable Yield Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Accretable yield, beginning of period	$ 11,777	$ 8,280	$ 8,454	$ 7,052
Additions	0	0	2,515	0
Accretion income	(1,267)	(1,073)	(4,401)	(3,353)
Reclassification	265	1,033	2,428	2,392
Other changes, net	7,405	390	9,184	2,539
Accretable yield, end of period	$ 18,180	$ 8,630	$ 18,180	$ 8,630

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Aggregate amortization expense	$ 402	$ 341	$ 1,169	$ 1,027

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	7 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Balance, beginning of period		$ 65,614	$ 66,087
Balance, end of the period	$ 74,930	74,930	65,614
Foothills Bancorp, Inc. [Member]
Goodwill [Roll Forward]
Adjustment to values initially recorded for acquisitions		0	(473)
Progressive Financial Group Inc. [Member]
Goodwill [Roll Forward]
Adjustment to values initially recorded for acquisitions	(231)	1,014	0
Acquisition of PFG		8,302	$ 0
Balance, end of the period	$ 9,316	$ 9,316

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Carrying Amount (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Finite-lived Intangible Assets [Roll Forward]
Balance, beginning of period	$ 14,550	$ 14,550
Acquisition of PFG	1,370	0
Balance, gross core deposit intangible	15,920	14,550
Less: accumulated amortization	(4,140)	(2,971)
Total	$ 11,780	$ 11,579

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Future Amortization Expense (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2020	$ 400
2021	1,570
2022	1,526
2023	1,485
2024	1,456
Thereafter	5,343
Total	$ 11,780	$ 11,579

Borrowings and Line of Credit -

Borrowings and Line of Credit - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Borrowings	$ 319,400		$ 31,600
Increase in borrowings	287,800
Outstanding principal balance	418		$ 439
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 25,000
Outstanding borrowings	0
Federal Home Loan Bank Advances [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	50,000
Federal Reserve Bank Advances Payroll Protection Program Liquidity Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 237,800

Borrowings and Line of Credit_2

Borrowings and Line of Credit - Schedule of debt (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Securities sold under customer repurchase agreements	$ 6,193	$ 6,184
FHLB borrowings	75,000	25,000
PPPLF borrowings	237,780
Other Borrowings	418	439
Total	$ 319,391	$ 31,623

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended
Employee Benefit Plans - Narrative (Details) $ in Thousands	Sep. 30, 2020USD ($)shares	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)planshares	Sep. 30, 2019USD ($)shares
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, cost recognized	$ 282	$ 187	$ 840	$ 602
Number of stock option plans \| plan			1
Shares vested (in shares) \| shares			0	0
Deferred tax expense from stock options exercised	3	10	$ 19	$ 37
Unrecognized compensation costs for non-vested restricted stock	0		0
Stock Options [Member]
Defined Benefit Plan Disclosure [Line Items]
Share-based compensation expense		58	0	122
Options, exercises in period, intrinsic value	75	53	141	165
Options, outstanding, intrinsic value	401		401
Proceeds from stock options exercised			282
Stock Appreciation Rights (SARs) [Member]
Defined Benefit Plan Disclosure [Line Items]
Share-based compensation expense				73
Sahre-based compensation income	(63)	(7)	(89)
Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Share-based compensation expense	142	$ 95	365	$ 310
Unrecognized compensation costs for non-vested restricted stock	$ 1,100		$ 1,100
Unrecognized compensation costs, period for recognition			3 years 1 month 6 days
Grant date fair value of vested restricted stock			$ 134
Restricted stock vested (in shares) \| shares			7,295
2015 Stock Incentive Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares issued (in shares) \| shares			28,549
Number of shares available for grant (in shares) \| shares	1,878,894		1,878,894
Legacy Cornerstone Bancshares, Inc. Long-Term Incentive Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares issued (in shares) \| shares			33,250
Cornerstone Non-Qualified Plan Options [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares issued (in shares) \| shares			41,250
Legacy Capstone Stock Option Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares issued (in shares) \| shares			2,266
401 (k) Matching Range One [Member] \| Deferred Salary Reduction Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer matching contribution, percent of match			100.00%
Employer matching contribution, percent of employees gross pay			3.00%
401 (k) Matching Range Two [Member] \| Deferred Salary Reduction Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer matching contribution, percent of match			50.00%
Employer matching contribution, percent of employees gross pay			2.00%

Employee Benefit Plans - Stock

Employee Benefit Plans - Stock Option Activity (Details) - Officer and Employee Plans [Member]	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Number
Outstanding at December 31, 2019 (in shares) \| shares	136,658
Granted (in shares) \| shares	0
Exercised (in shares) \| shares	(27,858)
Forfeited (in shares) \| shares	(3,485)
Outstanding at June 30, 2020 (in shares) \| shares	105,315
Weighted Average Exercisable Price
Outstanding at December 31, 2019 (in dollars per share) \| $ / shares	$ 10.29
Granted (in dollars per share) \| $ / shares	0
Exercised (in dollars per share) \| $ / shares	10.13
Forfeited (in dollars per share) \| $ / shares	15.05
Outstanding at June 30, 2020 (in dollars per share) \| $ / shares	$ 10.18

Employee Benefit Plans - Option

Employee Benefit Plans - Options Outstanding by Exercise Price Range (Details) - Officer and Employee Plans [Member] - $ / shares	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 10.18	$ 10.29
Number Outstanding (in shares)	105,315	136,658
Options Outstanding, Weighted Average Remaining Life	2 years 9 months 21 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 10.18
Options Exercisable, Number Exercisable (in shares)	105,315
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 10.18
6.60 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 6.60
Number Outstanding (in shares)	20,000
Options Outstanding, Weighted Average Remaining Life	1 year 5 months 12 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 6.60
Options Exercisable, Number Exercisable (in shares)	20,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 6.60
6.80 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 6.80
Number Outstanding (in shares)	13,250
Options Outstanding, Weighted Average Remaining Life	5 months 1 day
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 6.80
Options Exercisable, Number Exercisable (in shares)	13,250
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 6.80
9.48 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 9.48
Number Outstanding (in shares)	18,500
Options Outstanding, Weighted Average Remaining Life	2 years 5 months 12 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 9.48
Options Exercisable, Number Exercisable (in shares)	18,500
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 9.48
9.60 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 9.60
Number Outstanding (in shares)	22,750
Options Outstanding, Weighted Average Remaining Life	3 years 3 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 9.60
Options Exercisable, Number Exercisable (in shares)	22,750
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 9.60
11.67 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 11.76
Number Outstanding (in shares)	2,266
Options Outstanding, Weighted Average Remaining Life	1 year 9 months
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 11.76
Options Exercisable, Number Exercisable (in shares)	2,266
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 11.76
15.05 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 15.05
Number Outstanding (in shares)	28,549
Options Outstanding, Weighted Average Remaining Life	4 years 9 months 29 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 15.05
Options Exercisable, Number Exercisable (in shares)	28,549
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 15.05

Employee Benefit Plans - SARs O

Employee Benefit Plans - SARs Outstanding by Exercise Price Range (Details) - Stock Appreciation Rights (SARs) [Member] - $ / shares	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 19.40	$ 20.54
Number Outstanding (in shares)	85,000	67,000
SARs Outstanding, Weighted Average Remaining Life	1 year 9 months 10 days
SARs Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 19.40
SARs Exercisable, Number Exercisable (in shares)	12,000
SARs Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 21.72
15.19 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 15.19
Number Outstanding (in shares)	18,000
SARs Outstanding, Weighted Average Remaining Life	3 years 3 months
SARs Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 15.19
18.12 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 18.12
Number Outstanding (in shares)	21,000
SARs Outstanding, Weighted Average Remaining Life	2 years 3 months
SARs Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 18.12
21.61 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 21.61
Number Outstanding (in shares)	34,000
SARs Outstanding, Weighted Average Remaining Life	1 year 3 months
SARs Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 21.61
21.72 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Prices (in dollars per share)	$ 21.72
Number Outstanding (in shares)	12,000
SARs Outstanding, Weighted Average Remaining Life	3 months
SARs Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 21.72
SARs Exercisable, Number Exercisable (in shares)	12,000
SARs Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 21.72

Employee Benefit Plans - Stoc_2

Employee Benefit Plans - Stock Appreciation Right Activity (Details) - Stock Appreciation Rights (SARs) [Member]	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Number
Outstanding at December 31, 2019 (in shares) \| shares	67,000
Granted (in shares) \| shares	18,000
Exercised (in shares) \| shares	0
Forfeited (in shares) \| shares	0
Outstanding at June 30, 2020 (in shares) \| shares	85,000
Weighted Average Exercisable Price
Outstanding at December 31, 2019 (in dollars per share) \| $ / shares	$ 20.54
Granted (in dollars per share) \| $ / shares	15.19
Exercised (in dollars per share) \| $ / shares	0
Forfeited (in dollars per share) \| $ / shares	0
Outstanding at June 30, 2020 (in dollars per share) \| $ / shares	$ 19.40

Employee Benefit Plans - Restri

Employee Benefit Plans - Restricted Stock Activity (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Number
Balance at December 31, 2019 (in shares) \| shares	65,400
Granted (in shares) \| shares	41,613
Vested (in shares) \| shares	(7,295)
Forfeited/expired (in shares) \| shares	(1,500)
Balance at June 30, 2020 (in shares) \| shares	98,218
Weighted Average Grant-Date Fair Value
Balance at December 31, 2019 (in dollars per share) \| $ / shares	$ 21.04
Granted (in dollars per share) \| $ / shares	16.04
Vested (in dollars per share) \| $ / shares	18.32
Forfeited/expired (in dollars per share) \| $ / shares	18.12
Balance at June 30, 2020 (in dollars per share) \| $ / shares	$ 19.17

Commitments and Contingent Li_3

Commitments and Contingent Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments to extend credit	$ 468,447	$ 384,411
Standby letters of credit	$ 5,530	$ 11,727

Fair Value Disclosures - Assets

Fair Value Disclosures - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	$ 214,634	$ 178,348
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0
Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount	0
Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount	0
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Derivative financial instruments	0	0
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	214,634	178,348
Derivative financial instruments	6,791	3,446
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Derivative financial instruments	0	0
US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	30,210	19,000
Municipal securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	90,809	64,391
Other debt securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	17,502	3,470
Mortgage-backed securities (GSEs) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	76,113	91,487
Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	214,634	178,348
Derivative financial instruments	6,791	3,446
Fair Value, Recurring [Member] \| Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Derivative financial instruments	0	0
Fair Value, Recurring [Member] \| Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	214,634	178,348
Derivative financial instruments	6,791	3,446
Fair Value, Recurring [Member] \| Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Derivative financial instruments	0	0
Fair Value, Recurring [Member] \| US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	30,210	19,000
Fair Value, Recurring [Member] \| US Government-sponsored Enterprises Debt Securities [Member] \| Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| US Government-sponsored Enterprises Debt Securities [Member] \| Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	30,210	19,000
Fair Value, Recurring [Member] \| US Government-sponsored Enterprises Debt Securities [Member] \| Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Municipal securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	90,809	64,391
Fair Value, Recurring [Member] \| Municipal securities [Member] \| Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Municipal securities [Member] \| Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	90,809	64,391
Fair Value, Recurring [Member] \| Municipal securities [Member] \| Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Other debt securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	17,502	3,470
Fair Value, Recurring [Member] \| Other debt securities [Member] \| Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Other debt securities [Member] \| Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	17,502	3,470
Fair Value, Recurring [Member] \| Other debt securities [Member] \| Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Mortgage-backed securities (GSEs) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	76,113	91,487
Fair Value, Recurring [Member] \| Mortgage-backed securities (GSEs) [Member] \| Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	0	0
Fair Value, Recurring [Member] \| Mortgage-backed securities (GSEs) [Member] \| Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	76,113	91,487
Fair Value, Recurring [Member] \| Mortgage-backed securities (GSEs) [Member] \| Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	$ 0	$ 0

Fair Value Disclosures - Asse_2

Fair Value Disclosures - Assets and Liabilities Measured on Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	$ 3,817	$ 2,185
Other real estate owned	3,932	1,757
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	3,817	2,185
Other real estate owned	$ 3,932	$ 1,757

Fair Value Disclosures Fair Val

Fair Value Disclosures Fair Value Disclosures - Unobservable Inputs (Details) - Fair Value, Nonrecurring [Member] $ in Thousands	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 3,817	$ 2,185
Other real estate owned	3,932	1,757
Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	3,817	2,185
Other real estate owned	3,932	1,757
Appraisal [Member] \| Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	3,817	2,185
Other real estate owned	$ 3,932	$ 1,757
Appraisal [Member] \| Measurement Input, Discount Rate [Member] \| Weighted Average [Member] \| Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, measurement input	11	22
Other real estate owned, measurement input	23	29

Fair Value Disclosures - Carryi

Fair Value Disclosures - Carrying Amount and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets:
Securities available-for-sale, at fair value	$ 214,634	$ 178,348
Liabilities:
Noninterest-bearing demand deposits	669,733	364,155
Interest-bearing demand deposits	534,128	380,234
Time deposits	577,064	679,541
Carrying Amount [Member]
Assets:
Cash and cash equivalents	541,815	183,971
Securities available-for-sale, at fair value	214,634	178,348
Other investments	14,829	12,913
Loans, net and loans held for sale	2,415,349	1,893,005
Liabilities:
Noninterest-bearing demand deposits	669,733	364,155
Interest-bearing demand deposits	534,128	380,234
Money market and savings deposits	871,098	623,284
Time deposits	577,064	679,541
Borrowings	319,391	31,623
Subordinated debt	39,325	39,261
Derivative financial instruments	6,791	3,446
Estimated Fair Value [Member]
Assets:
Cash and cash equivalents	541,815	183,971
Securities available-for-sale, at fair value	214,634	178,348
Loans, net and loans held for sale	2,406,262	1,879,825
Liabilities:
Noninterest-bearing demand deposits	669,733	364,155
Interest-bearing demand deposits	534,128	380,234
Money market and savings deposits	871,098	623,284
Time deposits	581,389	681,902
Borrowings	315,340	31,029
Subordinated debt	33,644	35,868
Derivative financial instruments	6,791	3,446
Level 1 [Member]
Assets:
Cash and cash equivalents	541,815	183,971
Securities available-for-sale, at fair value	0	0
Loans, net and loans held for sale	0	0
Liabilities:
Noninterest-bearing demand deposits	0	0
Interest-bearing demand deposits	0	0
Money market and savings deposits	0	0
Time deposits	0	0
Borrowings	0	0
Subordinated debt	0	0
Derivative financial instruments	0	0
Level 2 [Member]
Assets:
Cash and cash equivalents	0	0
Securities available-for-sale, at fair value	214,634	178,348
Loans, net and loans held for sale	0	0
Liabilities:
Noninterest-bearing demand deposits	669,733	364,155
Interest-bearing demand deposits	534,128	380,234
Money market and savings deposits	871,098	623,284
Time deposits	581,389	681,902
Borrowings	315,340	31,029
Subordinated debt	0	0
Derivative financial instruments	6,791	3,446
Level 3 [Member]
Assets:
Cash and cash equivalents	0	0
Securities available-for-sale, at fair value	0	0
Loans, net and loans held for sale	2,406,262	1,879,825
Liabilities:
Noninterest-bearing demand deposits	0	0
Interest-bearing demand deposits	0	0
Money market and savings deposits	0	0
Time deposits	0	0
Borrowings	0	0
Subordinated debt	33,644	35,868
Derivative financial instruments	$ 0	$ 0

Derivatives - Fair Value Hedges

Derivatives - Fair Value Hedges on Balance Sheet (Details) - Interest Rate Swap, Liability [Member] - Designated as Hedging Instrument [Member] - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Weighted average remaining maturity	7 years 4 months 17 days	8 years 2 months 12 days
Weighted Average Pay Rate	3.08%	3.09%
Notional Amount	$ 36,000,000	$ 36,000,000
Estimated Fair Value	$ (6,791,000)	$ (3,446,000)

Derivatives - Fair Value Hedg_2

Derivatives - Fair Value Hedges on Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Reported interest income on tax-exempt securities	$ 364	$ 338	$ 1,064	$ 1,173
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate swap agreements - securities:	299	(1,045)	(3,345)	(3,282)
Interest Rate Swap [Member] \| Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest income on tax-exempt securities	565	400	1,586	1,305
Effects of fair value hedge relationships	(201)	(62)	(522)	(132)
Reported interest income on tax-exempt securities	364	338	1,064	1,173
Interest rate swap agreements - securities:	$ (299)	$ 1,045	$ 3,345	$ 3,282

Derivatives - Fair Value Hedg_3

Derivatives - Fair Value Hedges in Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying Amount of the Hedged Assets	$ 43,643	$ 42,710
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets	$ (2,145)	$ 3,446

Leases - Lease Assets and Liabi

Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 5,286	$ 5,470
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets
Operating lease liabilities	$ 5,315	$ 5,479
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities
Lessee, Operating Lease, Existence of Option to Extend [true false]	true

Leases - Narrative (Details)

Leases - Narrative (Details)	Sep. 30, 2020
Leases [Abstract]
Weighted average remaining lease term	10 years 9 months 10 days
Weighted average discount rate	2.72%

Leases - Lease Costs and Other

Leases - Lease Costs and Other Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Lease costs:
Operating lease costs	$ 272	$ 149	$ 779	$ 464
Short-term lease costs	0	2	0	13
Variable lease costs	29	23	84	69
Total	301	174	863	546
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 264	$ 145	$ 759	$ 447

Leases - Future Minimum Payment

Leases - Future Minimum Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Leases [Abstract]
June 30, 2021	$ 1,006
June 30, 2022	760
June 30, 2023	571
June 30, 2024	385
June 30, 2025	348
Thereafter	3,119
Total future minimum lease payments	6,189
Amounts representing interest	(874)
Present value of net future minimum lease payments	$ 5,315	$ 5,479

Regulatory Matters (Textual) (D

Regulatory Matters (Textual) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2020
Banking and Thrift [Abstract]
Dividends	$ 1.4	$ 8.9
Common stock dividend (in dollars per share)	$ 0.05	$ 0.15	$ 0.05

Regulatory Matters (Regulatory

Regulatory Matters (Regulatory Capital Levels) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
SmartFinancial, Inc. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk-Weighted Assets), Actual Amount	$ 323,297	$ 287,937
Tier 1 Capital (to Risk-Weighted Assets), Actual Amount	265,155	238,433
Common Equity Tier 1 Capital (to Risk-Weighted Assets, Actual Amount	265,155	238,433
Tier 1 Capital (to Average Assets, Actual Amount	$ 265,155	$ 238,433
Total Capital (to Risk-Weighted Assets), Actual Ratio (as a percent)	13.81%	14.02%
Tier 1 Capital (to Risk-Weighted Assets, Actual Ratio (as a percent)	11.33%	11.61%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Actual Ratio (as a percent)	11.33%	11.61%
Tier 1 Capital (to Average Assets), Actual Ratio (as a percent)	8.78%	10.34%
Total Capital (to risk-Weighted Assets), Minimum capital adequacy purposes amount	$ 187,225	$ 164,313
Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes, amount	140,419	123,235
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes, amount	105,314	92,426
Tier 1 Capital (to Average Assets), Minimum for capital adequacy purposes, amount	$ 120,766	$ 92,258
Total Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	8.00%	8.00%
Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	6.00%	6.00%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	4.50%	4.50%
Tier 1 Capital (to Average Assets), Minimum for capital adequacy purposes ratio (as a percent)	4.00%	4.00%
Smart Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk-Weighted Assets), Actual Amount	$ 312,869	$ 273,432
Tier 1 Capital (to Risk-Weighted Assets), Actual Amount	294,052	263,189
Common Equity Tier 1 Capital (to Risk-Weighted Assets, Actual Amount	294,052	263,189
Tier 1 Capital (to Average Assets, Actual Amount	$ 294,052	$ 263,189
Total Capital (to Risk-Weighted Assets), Actual Ratio (as a percent)	13.37%	13.31%
Tier 1 Capital (to Risk-Weighted Assets, Actual Ratio (as a percent)	12.57%	12.81%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Actual Ratio (as a percent)	12.57%	12.81%
Tier 1 Capital (to Average Assets), Actual Ratio (as a percent)	9.74%	11.41%
Total Capital (to risk-Weighted Assets), Minimum capital adequacy purposes amount	$ 187,217	$ 164,305
Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes, amount	140,413	123,229
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes, amount	105,310	92,422
Tier 1 Capital (to Average Assets), Minimum for capital adequacy purposes, amount	$ 120,762	$ 92,254
Total Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	8.00%	8.00%
Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	6.00%	6.00%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum for capital adequacy purposes ratio (as a percent)	4.50%	4.50%
Tier 1 Capital (to Average Assets), Minimum for capital adequacy purposes ratio (as a percent)	4.00%	4.00%
Total Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions, amount	$ 234,022	$ 205,382
Tier 1 Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions, amount	187,217	164,305
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions, amount	152,114	133,498
Tier 1 Capital (to Average Assets), Minimum to be well capitalized under prompt corrective action provisions, amount	$ 150,953	$ 115,317
Total Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions ratio (as a percent)	10.00%	10.00%
Tier 1 Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions ratio (as a percent)	8.00%	8.00%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Minimum to be well capitalized under prompt corrective action provisions ratio (as a percent)	6.50%	6.50%
Tier 1 Capital (to Average Assets), Minimum to be well capitalized under prompt corrective action provisions ratio (as a percent)	5.00%	5.00%

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) (Activity in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
BALANCE	$ 343,488	$ 299,611	$ 312,747	$ 283,011
Other comprehensive income (loss)	428	273
Reclassification of amounts included in net income	(8)	1
Net other comprehensive income (loss) during period	420	274
BALANCE	349,789	306,040	349,789	306,040
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
BALANCE	2,668	2,075	391	(1,979)
Other comprehensive income (loss)	(64)	(1,535)	2,201	2,495
Reclassification of amounts included in net income	(8)	1	4	25
Net other comprehensive income (loss) during period	(72)	(1,534)	2,205	2,520
BALANCE	2,596	541	2,596	541
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
BALANCE	(2,076)	(2,646)	(223)	(786)
Other comprehensive income (loss)	492	1,808	(1,361)	(52)
Reclassification of amounts included in net income	0	0	0	0
Net other comprehensive income (loss) during period	492	1,808	(1,361)	(52)
BALANCE	(1,584)	(838)	(1,584)	(838)
AOCI Attributable to Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
BALANCE	592	(571)	168	(2,765)
Other comprehensive income (loss)			840	2,443
Reclassification of amounts included in net income			4	25
Net other comprehensive income (loss) during period			844	2,468
BALANCE	$ 1,012	$ (297)	$ 1,012	$ (297)

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Oct. 08, 2020USD ($)
Subsequent Event [Member]
Subsequent Event [Line Items]
Payments to FRB on PPP Liquidity Facility	$ 237.8