Southern First Bancshares (SFST) 10-K 28 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Feb. 22, 2019	Jun. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	SOUTHERN FIRST BANCSHARES INC
Entity Central Index Key	1,090,009
Trading Symbol	SFST
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 302,664,257
Entity Common Stock, Shares Outstanding		7,483,041

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalents:
Cash and due from banks	$ 17,434	$ 17,171
Federal funds sold	35,882	49,148
Interest-bearing deposits with banks	19,557	25,846
Total cash and cash equivalents	72,873	92,165
Investment securities:
Investment securities available for sale	74,905	67,603
Other investments	4,121	4,462
Total investment securities	79,026	72,065
Mortgage loans held for sale	9,241	11,790
Loans	1,677,332	1,387,070
Less allowance for loan losses	(15,762)	(15,523)
Loans, net	1,661,570	1,371,547
Bank owned life insurance	34,010	33,132
Property and equipment, net	32,430	32,234
Deferred income taxes, net	4,020	3,782
Other assets	7,444	7,910
Total assets	1,900,614	1,624,625
LIABILITIES
Deposits	1,648,136	1,381,123
Federal Home Loan Bank advances and other borrowings	50,000	67,200
Junior subordinated debentures	13,403	13,403
Other liabilities	15,159	13,213
Total liabilities	1,726,698	1,474,939
SHAREHOLDERS' EQUITY
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 7,466,481 and 7,347,851 shares issued and outstanding at December 31, 2018 and 2017, respectively	75	73
Nonvested restricted stock	(741)	(502)
Additional paid-in capital	102,625	99,986
Accumulated other comprehensive income (loss)	(917)	(456)
Retained earnings	72,874	50,585
Total shareholders' equity	173,916	149,686
Total liabilities and shareholders' equity	$ 1,900,614	$ 1,624,625

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Balance Sheets [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	7,466,481	7,347,851
Common stock, shares outstanding	7,466,481	7,347,851

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income
Loans	$ 73,718	$ 58,808	$ 49,315
Investment securities	1,801	1,617	1,711
Federal funds sold	1,138	784	165
Total interest income	76,657	61,209	51,191
Interest expense
Deposits	14,836	7,373	3,941
Borrowings	1,669	2,960	4,251
Total interest expense	16,505	10,333	8,192
Net interest income	60,152	50,876	42,999
Provision for loan losses	1,900	2,000	2,300
Net interest income after provision for loan losses	58,252	48,876	40,699
Noninterest income
Mortgage banking income	5,544	5,152	6,837
Service fees on deposit accounts	1,040	1,168	1,002
ATM and debit card income	1,490	1,172	892
Income from bank owned life insurance	878	811	736
Gain on sale of investment securities	7	4	431
Other income	1,242	1,030	948
Total noninterest income	10,201	9,337	10,846
Noninterest expenses
Compensation and benefits	25,561	21,791	18,969
Occupancy	5,049	4,121	3,582
Outside service and data processing costs	3,302	3,158	2,654
Insurance	1,284	1,146	962
Professional fees	1,574	1,362	1,208
Marketing	856	737	807
Other	2,137	2,237	2,994
Total noninterest expenses	39,763	34,552	31,176
Income before income tax expense	28,690	23,661	20,369
Income tax expense	6,401	10,616	7,333
Net income available to common shareholders	$ 22,289	$ 13,045	$ 13,036
Earnings per common share
Basic	$ 3.02	$ 1.86	$ 2.06
Diluted	$ 2.88	$ 1.76	$ 1.94
Weighted average common shares outstanding
Basic	7,384,200	7,005,703	6,318,322
Diluted	7,737,495	7,393,377	6,720,888

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statements of Comprehensive Income (Loss) [Abstract]
Net income	$ 22,289	$ 13,045	$ 13,036
Unrealized gain (loss) on securities available for sale:
Unrealized holding gain (loss) arising during the period, pretax	(575)	191	(327)
Tax (expense) benefit	120	(140)	111
Reclassification of realized gain	(7)	(4)	(431)
Tax expense	1	1	147
Other comprehensive income (loss)	(461)	48	(500)
Comprehensive income	$ 21,828	$ 13,093	$ 12,536

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common stock	Preferred stock	Additional paid-in capital	Accumulated other comprehensive income (loss)	Retained Earnings	Nonvested restricted stock
Balance at Dec. 31, 2015	$ 94,240	$ 63		$ 70,037	$ (4)	$ 24,504	$ (360)
Balance, shares at Dec. 31, 2015		6,289,038
Net income	13,036					13,036
Proceeds from exercise of stock options	1,098	$ 2		1,096
Proceeds from exercise of stock options, shares		152,751
Issuance of restricted stock				526			(526)
Issuance of restricted stock, shares		22,000
Compensation expense related to restricted stock, net of tax	469			183			286
Compensation expense related to stock options, net of tax	1,529			1,529
Other comprehensive income/ loss	(500)				(500)
Balance at Dec. 31, 2016	109,872	$ 65		73,371	(504)	37,540	(600)
Balance, shares at Dec. 31, 2016		6,463,789
Net income	13,045					13,045
Net issuance of common stock	24,758	$ 8		24,750
Net issuance of common stock, shares		805,000
Proceeds from exercise of stock options	705			705
Proceeds from exercise of stock options, shares		74,437
Issuance of restricted stock				201			(201)
Issuance of restricted stock, shares		4,625
Compensation expense related to restricted stock, net of tax	299						299
Compensation expense related to stock options, net of tax	959			959
Other comprehensive income/ loss	48				48
Balance at Dec. 31, 2017	149,686	$ 73		99,986	(456)	50,585	(502)
Balance, shares at Dec. 31, 2017		7,347,851
Net income	22,289					22,289
Proceeds from exercise of stock options	900	$ 2		898
Proceeds from exercise of stock options, shares		105,630
Issuance of restricted stock				558			(558)
Issuance of restricted stock, shares		13,000
Compensation expense related to restricted stock, net of tax	319						319
Compensation expense related to stock options, net of tax	1,183			1,183
Other comprehensive income/ loss	(461)				(461)
Balance at Dec. 31, 2018	$ 173,916	$ 75		$ 102,625	$ (917)	$ 72,874	$ (741)
Balance, shares at Dec. 31, 2018		7,466,481

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating activities
Net income	$ 22,289	$ 13,045	$ 13,036
Adjustments to reconcile net income to cash provided by operating activities:
Provision for loan losses	1,900	2,000	2,300
Depreciation and other amortization	1,755	1,460	1,251
Accretion and amortization of securities discounts and premiums, net	437	582	581
Gain on sale of investment securities available for sale	(7)	(4)	(431)
(Gain) loss on sale of fixed assets	(8)	50
(Gain) loss on sale of other real estate owned	(7)	3	428
Write-down of other real estate owned	117	185	466
Compensation expense related to stock options and restricted stock grants	1,502	1,258	1,998
Gain on sale of loans held for sale	(5,144)	(5,752)	(6,553)
Loans originated and held for sale	(204,429)	(192,347)	(251,397)
Proceeds from sale of loans held for sale	212,122	194,110	255,092
Increase in cash surrender value of bank owned life insurance	(878)	(811)	(736)
(Increase) decrease in deferred tax asset	(115)	2,904	356
(Increase) decrease in other assets, net	223	(1,421)	(1,867)
Increase in other liabilities, net	1,946	1,931	2,565
Net cash provided by operating activities	31,703	17,193	17,089
Increase (decrease) in cash realized from:
Increase in loans, net	(291,923)	(225,047)	(160,019)
Purchase of property and equipment	(1,943)	(5,381)	(5,428)
Purchase of investment securities:
Available for sale	(23,181)	(21,972)	(17,976)
Other investments	(46)	(3,086)	(806)
Proceeds from maturities, calls and repayments of investment securities:
Available for sale	9,025	9,644	20,341
Other investments	387	4,366	596
Proceeds from sale of investment securities:
Available for sale	5,841	8,813	22,186
Purchase of life insurance policies		(6,850)
Proceeds from sale of other real estate owned	132	498	1,187
Net cash used for investing activities	(301,708)	(239,015)	(139,919)
Increase (decrease) in cash realized from:
Increase in deposits, net	267,013	289,972	105,418
Decrease in Federal Home Loan Bank advances and other borrowings	(17,200)	(48,000)
Issuance of common stock		24,758
Proceeds from the exercise of stock options	900	705	1,098
Net cash provided by financing activities	250,713	267,435	106,516
Net increase (decrease) in cash and cash equivalents	(19,292)	45,613	(16,314)
Cash and cash equivalents, beginning of year	92,165	46,552	62,866
Cash and cash equivalents, end of year	72,873	92,165	46,552
Cash paid for
Interest	15,410	9,987	8,311
Income taxes	5,451	8,390	6,680
Schedule of non-cash transactions
Foreclosure of other real estate		288	245
Unrealized (gain) loss on securities, net of income taxes	$ 455	$ (51)	$ 216

Summary of Significant Accounti

Summary of Significant Accounting Policies and Activities	12 Months Ended
	Dec. 31, 2018
Summary of Significant Accounting Policies and Activities [Abstract]
Summary of Significant Accounting Policies and Activities	NOTE 1 – Summary of Significant Accounting Policies and Activities Southern First Bancshares, Inc. (the "Company") is a South Carolina corporation that owns all of the capital stock of Southern First Bank (the "Bank") and all of the stock of Greenville First Statutory Trust I and II (collectively, the "Trusts"). The Trusts are special purpose non-consolidated entities organized for the sole purpose of issuing trust preferred securities. The Bank's primary federal regulator is the Federal Deposit Insurance Corporation (the "FDIC"). The Bank is also regulated and examined by the South Carolina Board of Financial Institutions. The Bank is primarily engaged in the business of accepting demand deposits and savings deposits insured by the FDIC, and providing commercial, consumer and mortgage loans to the general public. Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Southern First Bank. In consolidation, all significant intercompany transactions have been eliminated. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America. In accordance with guidance issued by the Financial Accounting Standards Board (“FASB”), the operations of the Trusts have not been consolidated in these financial statements. Business Segments ASC Topic 280-10, “Segment Reporting,” requires selected segment information of operating segments based on a management approach. The Company’s three reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning by management. Please refer to “Note 23 – Reportable Segments” for further information on the reporting for the Company’s three business segments. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amount of income and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, derivatives, real estate acquired in settlement of loans, fair value of financial instruments, evaluating other-than-temporary-impairment of investment securities and valuation of deferred tax assets. Risks and Uncertainties In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different bases, than its interest-earning assets. Credit risk is the risk of default within the Company’s loan portfolio that results from borrowers’ inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company. The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to changes with respect to valuation of assets, amount of required loan loss allowance and operating restrictions resulting from the regulators’ judgments based on information available to them at the time of their examinations. The Bank makes loans to individuals and businesses in the Upstate, Midlands, and Lowcountry regions of South Carolina as well as the Triangle and Triad regions of North Carolina and Atlanta, Georgia for various personal and commercial purposes. The Bank’s loan portfolio has a concentration of real estate loans. As of December 31, 2018 and 2017, real estate loans represented 82.3% and 82.1%, respectively, of total loans. However, borrowers’ ability to repay their loans is not dependent upon any specific economic sector. Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management performed an evaluation to determine whether there have been any subsequent events since the balance sheet date and determined that no subsequent events occurred requiring accrual or disclosure. Reclassifications Certain amounts, previously reported, have been reclassified to state all periods on a comparable basis and had no effect on shareholders’ equity or net income. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest bearing deposits and federal funds sold. Cash and cash equivalents have original maturities of three months or less, and federal funds sold are generally purchased and sold for one-day periods. Accordingly, the carrying value of these instruments is deemed to be a reasonable estimate of fair value. At December 31, 2018 and 2017, included in cash and cash equivalents was $4.9 million and $7.3 million, respectively, on deposit with the Federal Reserve Bank. Investment Securities We classify our investment securities as held to maturity securities, trading securities and available for sale securities as applicable. Investment securities are designated as held to maturity if we have the intent and the ability to hold the securities to maturity. Held to maturity securities are carried at amortized cost, adjusted for the amortization of any related premiums or the accretion of any related discounts into interest income using a methodology which approximates a level yield of interest over the estimated remaining period until maturity. Unrealized losses on held to maturity securities, reflecting a decline in value judged by us to be other than temporary, are charged to income in the Consolidated Statements of Income. Investment securities that are purchased and held principally for the purpose of selling in the near term are reported as trading securities. Trading securities are carried at fair value with unrealized holding gains and losses included in earnings. We classify investment securities as available for sale when at the time of purchase we determine that such securities may be sold at a future date or if we do not have the intent or ability to hold such securities to maturity. Securities designated as available for sale are recorded at fair value. Changes in the fair value of debt and equity securities available for sale are included in shareholders’ equity as unrealized gains or losses, net of the related tax effect. Unrealized losses on available for sale securities, reflecting a decline in value judged to be other than temporary, are charged to income in the Consolidated Statements of Income. Realized gains or losses on available for sale securities are computed on the specific identification basis. Other Investments The Bank, as a member institution, is required to own a stock investment in the Federal Home Loan Bank of Atlanta (“FHLB”). This stock is generally pledged against any borrowings from the FHLB and cash dividends on our FHLB stock are recorded in investment income. No ready market exists for these stocks and they have no quoted market value. However, redemption of this stock has historically been at par value. Other investments also include a $403,000 investment in the Trusts. Loans Loans are stated at the principal balance outstanding. Unamortized net loan fees and the allowance for possible loan losses are deducted from total loans on the balance sheets. Interest income is recognized over the term of the loan based on the principal amount outstanding. The net of loan origination fees received and direct costs incurred in the origination of loans is deferred and amortized to interest income over the contractual life of the loans adjusted for actual principal prepayments using a method approximating the interest method. Nonaccrual and Past Due Loans Loans are generally placed on nonaccrual status when principal or interest becomes 90 days past due, or when payment in full is not anticipated. When a loan is placed on nonaccrual status, interest accrued but not received is generally reversed against interest income. Cash receipts on nonaccrual loans are not recorded as interest income, but are used to reduce the loan’s principal balance. A nonaccrual loan is generally returned to accrual status and accrual of interest is resumed when payments have been made according to the terms and conditions of the loan for a continuous six month period. Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates. Nonperforming Assets Nonperforming assets include real estate acquired through foreclosure or deed taken in lieu of foreclosure, loans on nonaccrual status and loans past due 90 days or more and still accruing interest. Loans are placed on nonaccrual status when, in the opinion of management, the collection of additional interest is uncertain. Thereafter no interest is taken into income until such time as the borrower demonstrates the ability to pay both principal and interest. Impaired Loans Our impaired loans include loans on nonaccrual status and loans modified in a troubled debt restructuring (“TDR”), whether on accrual or nonaccrual status. For loans that are classified as impaired, an allowance is established when the fair value (discounted cash flows, collateral value, or observable market price) of the impaired loan less costs to sell, are lower than the carrying value of that loan. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due, among other factors. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including, without limitation, the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Prior to this change, large groups of smaller balance homogeneous consumer loans were collectively evaluated for impairment, and we did not separately identify individual consumer loans for impairment disclosures. Loan Charge-off Policy For commercial loans, we generally fully charge off or charge collateralized loans down to net realizable value when management determines the loan to be uncollectible; repayment is deemed to be projected beyond reasonable time frames; the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; the client has filed bankruptcy and the loss becomes evident owing to a lack of assets; or the loan is 120 days past due unless both well-secured and in the process of collection. For consumer loans, we generally charge down to net realizable value when the loan is 180 days past due. Troubled Debt Restructuring (TDRs) The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company provides concessions such that we will not collect all principal and interest in accordance with the original terms of the loan agreement. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. Our policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms; continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring, but shows capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual going forward. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. We will continue to closely monitor these loans and will cease accruing interest on them if management believes that the borrowers may not continue performing based on the restructured note terms. If, after previously being classified as a TDR, a loan is restructured a second time and the borrower continues to experience financial difficulties, then that loan is automatically placed on nonaccrual status. Our policy with respect to nonperforming loans requires the borrower to make a minimum of six consecutive payments of principal and interest in accordance with the loan terms before that loan can be placed back on accrual status. Further, the borrower must show capacity to continue performing into the future prior to restoration of accrual status. In addition, our policy, in accordance with supervisory guidance, also provides for a loan to be removed from TDR status if the loan is modified or renewed at terms consistent with current market rates and the loan has been performing under modified terms for an extended period of time or under certain circumstances. In the determination of the allowance for loan losses, management considers TDRs on commercial and consumer loans and subsequent defaults in these restructurings by measuring impairment, on a loan by loan basis, based on either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral, less costs to sell, if the loan is collateral dependent. Allowance for Loan Losses The allowance for loan losses is management’s estimate of credit losses inherent in the loan portfolio. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. See Note 4 to the Consolidated Financial Statements for additional information on the allowance for loan losses. Other Real Estate Owned Real estate acquired through foreclosure is initially recorded at the lower of cost or estimated fair value less selling costs. Subsequent to the date of acquisition, it is carried at the lower of cost or fair value, adjusted for net selling costs. Fair values of real estate owned are reviewed regularly and write-downs are recorded when it is determined that the carrying value of real estate exceeds the fair value less estimated costs to sell. Costs relating to the development and improvement of such property are capitalized, whereas those costs relating to holding the property are expensed. Property and Equipment Property and equipment are stated at cost. Major repairs are charged to operations, while major improvements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Upon retirement, sale, or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and gain or loss is included in income from operations. Construction in progress is stated at cost, which includes the cost of construction and other direct costs attributable to the construction. No provision for depreciation is made on construction in progress until such time as the relevant assets are completed and put into use. Bank Owned Life Insurance Policies Bank owned life insurance policies represent the cash value of policies on certain officers of the Company. Securities Sold Under Agreements to Repurchase The Bank enters into sales of securities under agreements to repurchase (reverse repurchase agreements). Repurchase agreements are treated as financing, with the obligation to repurchase securities sold being reflected as a liability and the securities underlying the agreements remaining as assets in the Consolidated Balance Sheets. Comprehensive Income Comprehensive income (loss) consists of net income and net unrealized gains (losses) on securities and is presented in the statements of shareholders’ equity and comprehensive income. The statement requires only additional disclosures in the consolidated financial statements; it does not affect our results of operations. Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“Topic 606”). Under Topic 606, the Company must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the Company satisfies a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. The Company’s primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of Topic 606. The Company has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income was not necessary. The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Our accounting policies will not change materially since the principles of revenue recognition from the Accounting Standards Update are largely consistent with existing guidance and current practices applied by our business. The following is a discussion of revenues within the scope of the new guidance: ● Service fees on deposit accounts ● ATM and debit card income Income Taxes The financial statements have been prepared on the accrual basis. When income and expenses are recognized in different periods for financial reporting purposes versus for the purposes of computing income taxes currently payable, deferred taxes are provided on such temporary differences. Deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The Company believes that its income tax filing positions taken or expected to be taken on its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. The Company’s federal and state income tax returns are open and subject to examination from the 2015 tax return year and forward. On December 22, 2017, the Tax Act was signed into law and includes numerous provisions that impact the Company, most notably a reduction in the corporate tax rate from the maximum rate of 35% to a flat rate of 21%. As a result, the Company recorded an incremental income tax expense of $2.4 million in the fourth quarter of 2017. During the fourth quarter of 2018, the Company completed its accounting for the income tax effects related to the Tax Act which resulted in no change to the provisional adjustment recorded in income tax expense in 2017. Stock-Based Compensation The Company has a stock-based employee compensation plan. Compensation cost is recognized for all stock options granted and for any outstanding unvested awards as if the fair value method had been applied to those awards as of the date of grant. Adoption of New Accounting Standards In May 2014, the FASB issued ASU 2014-09 , “Revenue from Contracts with Customers” , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU replaces most existing revenue recognition guidance in GAAP. The new standard was effective for the Company on January 1, 2018. Adoption of ASU 2014-09 did not have a material impact on the Company’s consolidated financial statements and related disclosures as the Company’s primary sources of revenues are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of ASU 2014-09. The Company’s revenue recognition pattern for revenue streams within the scope of ASU 2014-09, including but not limited to service charges on deposit accounts, ATM and debit card income, and gains/losses on the sale of other real estate owned, did not change significantly from current practice. The standard permits the use of either the full retrospective or modified retrospective transition method. The Company elected to use the modified retrospective transition method which requires application of ASU 2014-09 to uncompleted contracts at the date of adoption however, periods prior to the date of adoption will not be retrospectively revised as the impact of the ASU on uncompleted contracts at the date of adoption was not material. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities”. The guidance affects the accounting for equity investments, financial liabilities under the fair value option and the presentation and disclosure requirements of financial instruments. ASU 2016-01 was effective for the Company on January 1, 2018 and resulted in the use of an exit price rather than an entrance price to determine the fair value of loans not measured at fair value on a non-recurring basis in the consolidated balance sheets. See Note 13 – Fair Value Accounting for further information regarding the valuation of these loans. In August 2016, the FASB amended the Statement of Cash Flows topic of the Accounting Standards Codification to clarify how certain cash receipts and cash payments are presented and classified in the statement of cash flows. In November 2016, the FASB again amended the Statement of Cash Flows topic to clarify how restricted cash is presented and classified in the statement of cash flows. The amendments were effective for the Company for fiscal years beginning after December 15, 2017 including interim periods within those fiscal years. These amendments did not have a material effect on the Company’s financial statements. In May 2017, the FASB amended the requirements in the Compensation—Stock Compensation Topic of the Accounting Standards Codification related to changes to the terms or conditions of a share-based payment award. The amendments provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The amendments were effective for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2017 and did not have a material effect on its financial statements. In February 2018, the FASB amended certain aspects of the guidance issued in ASU 2016-01, the Financial Instruments Topic of the ASC. The amendments clarify certain aspects of the guidance issued in ASU 2016-01. The amendments were effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years beginning after June 15, 2018 and did not have a material effect on the Company’s financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which requires Companies to reclassify the stranded effects in other comprehensive income to retained earnings as a result of the change in the tax rates under the Tax Cuts and Jobs Act. The Company has opted to early adopt this pronouncement by retrospective application to each period (or periods) in which the effect of the change in the tax rate under the Tax Act is recognized. The impact of the reclassification from other comprehensive income to retained earnings did not have a material effect on the Company’s financial statements. Newly Issued, But Not yet Effective Accounting Standards In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” . The FASB issued this ASU to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet by lessees for those leases classified as operating leases under current U.S. GAAP and disclosing key information about leasing arrangements. The Company expects that the adoption of ASU 2016-02 will result in the recognition of lease liabilities totaling approximately $18.5 million and the recognition of right-of-use assets totaling approximately $18.5 million. The initial balance sheet gross up upon adoption is primarily related to operating leases of certain real estate properties. The Company has no material leasing arrangements for which it is the lessor of property or equipment. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. The Company expects to apply ASU 2016-02 as of the beginning of the period of adoption (January 1, 2019) using the modified retrospective approach and practical expedients for transition and will not restate comparative periods. The practical expedients allow us to largely account for our existing leases consistent with current guidance except for the incremental balance sheet recognition for lessees. We have started an initial evaluation of our leasing contracts and activities. We have also started developing our methodology to estimate the right-of use assets and lease liabilities, which is based on the present value of lease payments (the December 31, 2018 future minimum lease payments were $15.7 million). We do not expect a material change to the timing of expense recognition but we will continue to evaluate the financial impact as implementation occurs. We are evaluating our existing disclosures and may need to provide additional information as a result of adoption of the ASU. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” . Among other things, ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to form their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, ASU 2016-13 amends the accounting for credit losses on debt securities and purchased financial assets with credit deterioration. ASU 2016-13 is effective for all annual and interim periods beginning after December 31, 2019, with early adoption permitted for fiscal years beginning after December 15, 2018. Adoption will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company intends to adopt the guidance on January 1, 2020 and has established a team of individuals from credit, finance and risk management to evaluate the requirements of the new standard and the impact it will have on our processes. Our implementation plan has progressed through the initial design, build, and testing phase and, in the first quarter of 2019, we will begin running parallel models. While we continue to evaluate the impact the new guidance will have on our financial position and results of operations, we currently expect the new guidance may result in an increase to our allowance for credit losses given the change to estimated losses over the contractual life of the loan portfolio. The amount of any change to our allowance is still under review and will depend, in part, upon the composition of our loan portfolio at the adoption date as well as economic conditions and loss forecasts at that date. In March 2017, the FASB amended the requirement in the Receivables-Nonrefundable Fees and Other Costs Topic of the ASC related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments were effective for the Company for interim and annual periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2018
Investment Securities [Abstract]
Investment Securities	NOTE 2 – Investment Securities The amortized costs and fair value of investment securities are as follows: December 31, 2018 Amortized Gross Unrealized Fair (dollars in thousands) Cost Gains Losses Value Available for sale US government agencies $ 8,975 1 194 8,782 SBA securities 3,628 - 103 3,525 State and political subdivisions 8,371 48 63 8,356 Asset-backed securities 9,595 12 49 9,558 Mortgage-backed securities FHLMC 12,258 87 242 12,103 FNMA 29,068 25 551 28,542 GNMA 4,170 1 132 4,039 Total mortgage-backed securities 45,496 113 925 44,684 Total $ 76,065 174 1,334 74,905 December 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value Available for sale US government agencies $ 8,749 1 97 8,653 SBA securities 4,087 - 24 4,063 State and political subdivisions 11,242 179 25 11,396 Mortgage-backed securities FHLMC 9,102 - 149 8,953 FNMA 29,383 3 386 29,000 GNMA 5,618 2 82 5,538 Total mortgage-backed securities 44,103 5 617 43,491 Total $ 68,181 185 763 67,603 The amortized costs and fair values of investment securities available for sale at December 31, 2018 and 2017, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers have the right to prepay the obligations. December 31, 2018 2017 Amortized Fair Amortized Fair (dollars in thousands) Cost Value Cost Value Available for sale Due within one year $ - - 1,435 1,427 Due after one through five years 8,681 8,578 2,677 2,666 Due after five through ten years 22,796 22,379 24,796 24,645 Due after ten years 44,588 43,948 39,273 38,865 $ 76,065 74,905 68,181 67,603 The tables below summarize gross unrealized losses on investment securities and the fair market value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2018 and 2017. Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2018 Available for sale US government agencies 1 $ 1,246 $ 3 8 $ 7,035 $ 191 9 $ 8,281 $ 194 SBA securities - - - 2 3,525 103 2 3,525 103 State and political subdivisions - - - 7 2,829 63 7 2,829 63 Asset-backed 4 6,707 49 - - - 4 6,707 49 Mortgage-backed FHLMC - - - 10 7,402 242 10 7,402 242 FNMA 2 2,689 6 23 22,814 545 25 25,503 551 GNMA 1 1,104 6 3 2,919 126 4 4,023 132 8 $ 11,746 $ 64 53 $ 46,524 $ 1,270 61 $ 58,270 $ 1,334 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized # value losses # value losses # value losses As of December 31, 2017 Available for sale US government agencies 5 $ 4,184 $ 22 4 $ 3,968 $ 75 9 $ 8,152 $ 97 SBA securities 1 2,936 13 1 1,127 11 2 4,063 24 State and political subdivisions 3 1,214 9 2 792 16 5 2,006 25 Mortgage-backed FHLMC 3 2,897 26 7 6,056 123 10 8,953 149 FNMA 11 14,345 135 13 14,597 251 24 29,940 386 GNMA 2 2,270 40 1 971 42 3 2,243 82 25 $ 27,846 $ 245 28 $ 27,511 $ 518 53 $ 55,357 $ 763 At December 31, 2018, the Company had 8 individual investments with a fair market value of $11.7 million that were in an unrealized loss position for less than 12 months and 53 individual investments with a fair market value of $46.5 million that were in an unrealized loss position for 12 months or longer. The unrealized losses were primarily attributable to changes in interest rates, rather than deterioration in credit quality. The individual securities are each investment grade securities. The Company considers the length of time and extent to which the fair value of available-for-sale debt securities have been less than cost to conclude that such securities were not other-than-temporarily impaired. We also consider other factors such as the financial condition of the issuer including credit ratings and specific events affecting the operations of the issuer, volatility of the security, underlying assets that collateralize the debt security, and other industry and macroeconomic conditions. As the Company has no intent to sell securities with unrealized losses and it is not more-likely-than-not that the Company will be required to sell these securities before recovery of amortized cost, we have concluded that the securities are not impaired on an other-than-temporary basis. Other investments are comprised of the following and are recorded at cost which approximates fair value: December 31, (dollars in thousands) 2018 2017 Federal Home Loan Bank stock $ 3,587 3,754 Other investments 131 305 Investment in Trust Preferred subsidiaries 403 403 $ 4,121 4,462 The Company has evaluated the FHLB stock for impairment and determined that the investment in FHLB stock is not other than temporarily impaired as of December 31, 2018 and ultimate recoverability of the par value of this investment is probable. All of the FHLB stock is used to collateralize advances with the FHLB. At December 31, 2018, there were no securities pledged as collateral for repurchase agreements from brokers. At December 31, 2017, $7.7 million of securities were pledged as collateral for repurchase agreements from brokers.

Mortgage Loans Held for Sale

Mortgage Loans Held for Sale	12 Months Ended
	Dec. 31, 2018
Mortgage Loans Held for Sale [Abstract]
Mortgage Loans Held for Sale	NOTE 3 – Mortgage Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are reported as loans held for sale and carried at fair value under the fair value option, which was adopted by the Company on April 1, 2016, with changes in fair value recognized in current period earnings. Loans held for sale include mortgage loans which are saleable into the secondary mortgage markets and their fair values are estimated using observable quoted market or contracted prices or market price equivalents, which would be used by other market participants. At the date of funding of the mortgage loan held for sale, the funded amount of the loan, the related derivative asset or liability of the associated interest rate lock commitment, less direct loan costs becomes the initial recorded investment in the loan held for sale. Such amount approximates the fair value of the loan. At December 31, 2018, mortgage loans held for sale totaled $9.2 million compared to $11.8 million at December 31, 2017. Mortgage loans held for sale are considered de-recognized, or sold, when the Company surrenders control over the financial assets. Control is considered to have been surrendered when the transferred assets have been isolated from the Company, beyond the reach of the Company and its creditors; the purchaser obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and the Company does not maintain effective control over the transferred assets through an agreement that both entitles and obligates the Company to repurchase or redeem the transferred assets before their maturity or the ability to unilaterally cause the holder to return specific assets. Gains and losses from the sale of mortgage loans are recognized based upon the difference between the sales proceeds and carrying value of the related loans upon sale and are recorded in mortgage banking income in the statement of income. Mortgage banking income also includes the unrealized gains and losses associated with the loans held for sale and the realized and unrealized gains and losses from derivatives. Mortgage loans sold to investors by the Company, and which were believed to have met investor and agency underwriting guidelines at the time of sale, may be subject to repurchase or indemnification in the event of specific default by the borrower or subsequent discovery that underwriting standards were not met. The Company may, upon mutual agreement, agree to repurchase the loans or indemnify the investor against future losses on such loans. In such cases, the Company bears any subsequent credit loss on the loans. The Company establishes mortgage repurchase reserves related to various representations and warranties that reflect management’s estimate of losses based on a combination of factors. The Company establishes a reserve at the time loans are sold and quarterly updates the reserve estimate during the estimated loan life.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2018
Loans and Allowance for Loan Losses [Abstract]
Loans and Allowance for Loan Losses	NOTE 4 – Loans and Allowance for Loan Losses The Company makes loans to individuals and small businesses for various personal and commercial purposes primarily in the Upstate, Midlands, and Lowcountry regions of South Carolina, the Triangle and Triad regions of North Carolina as well as Atlanta, Georgia. The Company’s loan portfolio is not concentrated in loans to any single borrower or a relatively small number of borrowers. The Company focuses its lending activities primarily on the professional markets in these regions including doctors, dentists, and small business owners. The principal component of the loan portfolio is loans secured by real estate mortgages which account for 82.3% of total loans at December 31, 2018. Commercial loans comprise 62.0% of total real estate loans and consumer loans account for 38.0%. Commercial real estate loans are further categorized into owner occupied which represents 21.9% of total loans and non-owner occupied loans represent 24.1%. Commercial construction loans represent only 5.0% of the total loan portfolio. In addition to monitoring potential concentrations of loans to particular borrowers or groups of borrowers, industries and geographic regions, management monitors exposure to credit risk from concentrations of lending products and practices such as loans that subject borrowers to substantial payment increases (e.g. principal deferral periods, loans with initial interest-only periods, etc.), and loans with high loan-to-value ratios. Additionally, there are industry practices that could subject the Company to increased credit risk should economic conditions change over the course of a loan’s life. For example, the Company makes variable rate loans and fixed rate principal-amortizing loans with maturities prior to the loan being fully paid (i.e. balloon payment loans). The various types of loans are individually underwritten and monitored to manage the associated risks. The allowance for loan losses is management's estimate of credit losses inherent in the loan portfolio at the balance sheet date. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. Portfolio Segment Methodology Commercial Commercial loans are assessed for estimated losses by grading each loan using various risk factors identified through periodic reviews. The Company applies historic grade-specific loss factors to each loan class. In the development of statistically derived loan grade loss factors, the Company observes historical losses over 20 quarters for each loan grade. These loss estimates are adjusted as appropriate based on additional analysis of external loss data or other risks identified from current economic conditions and credit quality trends. The allowance also includes an amount for the estimated impairment on nonaccrual commercial loans and commercial loans modified in a TDR, whether on accrual or nonaccrual status. Consumer For consumer loans, the Company determines the allowance on a collective basis utilizing historical losses over 20 quarters to represent its best estimate of inherent loss. The Company pools loans, generally by loan class with similar risk characteristics. The allowance also includes an amount for the estimated impairment on nonaccrual consumer loans and consumer loans modified in a TDR, whether on accrual or nonaccrual status. The following table summarizes the composition of our loan portfolio. Total gross loans are recorded net of deferred loan fees and costs, which totaled $2.8 million and $2.3 million as of December 31, 2018 and December 31, 2017, respectively. December 31, (dollars in thousands) 2018 2017 Commercial Owner occupied RE $ 367,018 21.9 % 316,818 22.8 % Non-owner occupied RE 404,296 24.1 % 312,798 22.6 % Construction 84,411 5.0 % 51,179 3.7 % Business 272,980 16.3 % 226,158 16.3 % Total commercial loans 1,128,705 67.3 % 906,953 65.4 % Consumer Real estate 320,943 19.1 % 273,050 19.7 % Home equity 165,937 9.9 % 156,141 11.3 % Construction 37,925 2.3 % 28,351 2.0 % Other 23,822 1.4 % 22,575 1.6 % Total consumer loans 548,627 32.7 % 480,117 34.6 % Total gross loans, net of deferred fees 1,677,332 100.0 % 1,387,070 100.0 % Less – allowance for loan losses (15,762 ) (15,523 ) Total loans, net $ 1,661,570 1,371,547 The composition of gross loans by rate type is as follows: December 31, (dollars in thousands) 2018 2017 Variable rate loans $ 402,148 349,493 Fixed rate loans 1,275,184 1,037,577 $ 1,677,332 1,387,070 At December 31, 2018, approximately $597.6 million of the Company’s mortgage loans were pledged as collateral for advances from the FHLB, as set forth in Note 9. Credit Quality Indicators Commercial We manage a consistent process for assessing commercial loan credit quality by monitoring our loan grading trends and past due statistics. All loans are subject to individual risk assessment. Our risk categories include Pass, Special Mention, Substandard, and Doubtful, each of which is defined by banking regulatory agencies. Delinquency statistics are also an important indicator of credit quality in the establishment of our allowance for credit losses. We categorize our loans into risk categories based on relevant information about the ability of the borrower to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. A description of the general characteristics of the risk grades is as follows: ● Pass—These loans range from minimal credit risk to average however still acceptable credit risk. ● Special mention—A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. ● Substandard—A substandard loan is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness, or weaknesses, that may jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. ● Doubtful—A doubtful loan has all of the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. The following tables provide past due information for outstanding commercial loans and include loans on nonaccrual status. December 31, 2018 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Current $ 367,018 404,179 84,411 272,864 1,128,472 30-59 days past due - 117 - 36 153 60-89 days past due - - - - - Greater than 90 days - - - 80 80 $ 367,018 404,296 84,411 272,980 1,128,705 December 31, 2017 Owner Non-owner occupied RE occupied RE Construction Business Total Current $ 316,818 312,477 51,179 224,861 905,335 30-59 days past due - 129 - 416 545 60-89 days past due - - - - - Greater than 90 days - 192 - 881 1,073 $ 316,818 312,798 51,179 226,158 906,953 As of December 31, 2018 and 2017, loans 30 days or more past due represented 0.26% and 0.34% of our total loan portfolio, respectively. Commercial loans 30 days or more past due were 0.01% and 0.12% as of December 31, 2018 and 2017, respectively. The tables below provide a breakdown of outstanding commercial loans by risk category. December 31, 2018 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Pass $ 363,621 400,266 84,411 266,898 1,115,196 Special Mention 296 118 - 2,971 3,385 Substandard 3,101 3,912 - 3,111 10,124 Doubtful - - - - - $ 367,018 404,296 84,411 272,980 1,128,705 December 31, 2017 Owner Non-owner occupied RE occupied RE Construction Business Total Pass $ 312,628 306,965 51,179 215,729 886,501 Special Mention 1,770 2,082 - 5,540 9,392 Substandard 2,420 3,751 - 4,889 11,060 Doubtful - - - - - $ 316,818 312,798 51,179 226,158 906,953 Consumer We manage a consistent process for assessing consumer loan credit quality by monitoring our loan grading trends and past due statistics. All loans are subject to individual risk assessment. Our risk categories include Pass, Special Mention, Substandard, and Doubtful, which are defined above. Delinquency statistics are also an important indicator of credit quality in the establishment of our allowance for loan losses. The following tables provide past due information for outstanding consumer loans and include loans on nonaccrual status. December 31, 2018 (dollars in thousands) Real estate Home equity Construction Other Total Current $ 317,267 165,727 37,925 23,603 544,522 30-59 days past due 2,555 30 - 106 2,691 60-89 days past due 923 - - 113 1,036 Greater than 90 days 198 180 - - 378 $ 320,943 165,937 37,925 23,822 548,627 December 31, 2017 Real estate Home equity Construction Other Total Current $ 271,284 154,821 28,351 22,506 476,962 30-59 days past due 681 325 - 69 1,075 60-89 days past due 131 995 - - 1,126 Greater than 90 days 954 - - - 954 $ 273,050 156,141 28,351 22,575 480,117 Consumer loans 30 days or more past due were 0.25% and 0.23% as of December 31, 2018 and 2017, respectively. The tables below provide a breakdown of outstanding consumer loans by risk category. December 31, 2018 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 314,586 162,626 37,925 23,586 538,723 Special Mention 1,792 864 - 139 2,795 Substandard 4,565 2,447 - 97 7,109 Doubtful - - - - - Loss - - - - - $ 320,943 165,937 37,925 23,822 548,627 December 31, 2017 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 269,422 152,545 28,351 22,367 472,685 Special Mention 715 1,025 - 88 1,828 Substandard 2,913 2,571 - 120 5,604 Doubtful - - - - - Loss - - - - - $ 273,050 156,141 28,351 22,575 480,117 Nonperforming assets The following table shows the nonperforming assets and the related percentage of nonperforming assets to total assets and gross loans. Generally, a loan is placed on nonaccrual status when it becomes 90 days past due as to principal or interest, or when we believe, after considering economic and business conditions and collection efforts, that the borrower’s financial condition is such that collection of the contractual principal or interest on the loan is doubtful. A payment of interest on a loan that is classified as nonaccrual is recognized as a reduction in principal when received. December 31, (dollars in thousands) 2018 2017 Commercial Owner occupied RE $ - - Non-owner occupied RE 210 1,581 Construction - - Business 81 910 Consumer Real estate 1,980 992 Home equity 1,006 1,144 Construction - - Other 12 1 Nonaccruing troubled debt restructurings 2,541 2,673 Total nonaccrual loans, including nonaccruing TDRs 5,830 7,301 Other real estate owned - 242 Total nonperforming assets $ 5,830 7,543 Nonperforming assets as a percentage of: Total assets 0.31 % 0.46 % Gross loans 0.35 % 0.54 % Total loans over 90 days past due $ 458 2,027 Loans over 90 days past due and still accruing - - Accruing TDRs 6,742 5,145 Foregone interest income on the nonaccrual loans for the year ended December 31, 2018 was approximately $53,000 and approximately $309,000 for the same period in 2017. Impaired Loans The table below summarizes key information for impaired loans. Our impaired loans include loans on nonaccrual status and loans modified in a TDR, whether on accrual or nonaccrual status. These impaired loans may have estimated impairment which is included in the allowance for loan losses. Our commercial and consumer impaired loans are evaluated individually to determine the related allowance for loan losses. December 31, 2018 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 2,827 2,762 451 75 Non-owner occupied RE 3,321 2,807 2,204 558 Construction - - - - Business 3,745 2,520 2,005 895 Total commercial 9,893 8,089 4,660 1,528 Consumer Real estate 2,993 2,892 1,398 456 Home equity 1,935 1,421 - - Construction - - - - Other 170 170 170 30 Total consumer 5,098 4,483 1,568 486 Total $ 14,991 12,572 6,228 December 31, 2017 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 2,281 2,235 464 179 Non-owner occupied RE 6,827 3,665 2,646 750 Construction - - - - Business 3,735 2,764 1,993 1,061 Total commercial 12,843 8,664 5,103 1,990 Consumer Real estate 2,062 2,037 2,037 1,379 Home equity 2,010 1,575 680 286 Construction - - - - Other 171 170 170 22 Total consumer 4,243 3,782 2,887 1,687 Total $ 17,086 7,990 3,677 The following table provides the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans after impairment by portfolio segment and class. Year ended December 31, 2018 2017 2016 Average Recognized Average Recognized Average Recognized recorded interest recorded interest recorded interest (dollars in thousands) investment income investment income investment income Commercial Owner occupied RE $ 2,784 142 2,255 104 2,263 112 Non-owner occupied RE 2,860 174 4,144 199 4,106 200 Construction - - - - - - Business 2,883 162 2,823 162 2,873 135 Total commercial 8,527 478 9,222 465 9,242 447 Consumer Real estate 2,930 151 2,047 69 1,854 81 Home equity 1,453 99 1,576 97 257 2 Construction - - - - - - Other 174 5 174 6 203 6 Total consumer 4,557 255 3,797 172 2,314 89 Total $ 13,084 13,019 637 11,556 536 Allowance for Loan Losses The following table summarizes the activity related to our allowance for loan losses: Year ended December 31, (dollars in thousands) 2018 2017 2016 Balance, beginning of period $ 15,523 14,855 13,629 Provision for loan losses 1,900 2,000 2,300 Loan charge-offs: Commercial Owner occupied RE - - (5 ) Non-owner occupied RE (432 ) (589 ) (100 ) Construction - - (42 ) Business (695 ) (638 ) (1,031 ) Total commercial (1,127 ) (1,227 ) (1,178 ) Consumer Real estate (749 ) - (194 ) Home equity (217 ) (400 ) (66 ) Construction - - - Other (53 ) (11 ) (210 ) Total consumer (1,019 ) (411 ) (470 ) Total loan charge-offs (2,146 ) (1,638 ) (1,648 ) Loan recoveries: Commercial Owner occupied RE - - - Non-owner occupied RE 132 119 155 Construction - - - Business 229 86 403 Total commercial 361 205 558 Consumer Real estate 5 86 10 Home equity 115 13 1 Construction - - - Other 4 2 5 Total consumer 124 101 16 Total recoveries 485 306 574 Net loan charge-offs (1,661 ) (1,332 ) (1,074 ) Balance, end of period $ 15,762 15,523 14,855 The following tables summarize the activity in the allowance for loan losses by our commercial and consumer portfolio segments. Year ended December 31, 2018 (dollars in thousands) Commercial Consumer Unallocated Total Balance, beginning of period $ 9,937 5,586 - 15,523 Provision 1,597 303 - 1,900 Loan charge-offs (1,127 ) (1,019 ) - (2,146 ) Loan recoveries 361 124 - 485 Net loan charge-offs (766 ) (895 ) - (1,661 ) Balance, end of period $ 10,768 4,994 - 15,762 Year ended December 31, 2017 Commercial Consumer Unallocated Total Balance, beginning of period $ 10,039 4,816 - 14,855 Provision 920 1,080 - 2,000 Loan charge-offs (1,227 ) (411 ) - (1,638 ) Loan recoveries 205 101 - 306 Net loan charge-offs (1,022 ) (310 ) - (1,332 ) Balance, end of period $ 9,937 5,586 - 15,523 The following table disaggregates our allowance for loan losses and recorded investment in loans by method of impairment evaluation. December 31, 2018 Allowance for loan losses Recorded investment in loans (dollars in thousands) Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 1,528 486 2,014 8,089 4,483 12,572 Collectively evaluated 9,240 4,508 13,748 1,120,616 544,144 1,664,760 Total $ 10,768 4,994 15,762 1,128,705 548,627 1,677,332 December 31, 2017 Allowance for loan losses Recorded investment in loans Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 1,990 1,687 3,677 8,664 3,782 12,446 Collectively evaluated 7,947 3,899 11,846 898,289 476,335 1,374,624 Total $ 9,937 5,586 15,523 906,953 480,117 1,387,070

Troubled Debt Restructurings

Troubled Debt Restructurings	12 Months Ended
	Dec. 31, 2018
Troubled Debt Restructurings [Abstract]
Troubled Debt Restructurings	NOTE 5 – Troubled Debt Restructurings At December 31, 2018, we had 26 loans totaling $9.3 million and at December 31, 2017 we had 21 loans totaling $7.8 million, which we considered as TDRs. The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company grants a concession to the debtor that it would not normally consider. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. During 2018, we have added six commercial and two consumer loans totaling $3.5 million as TDRs and removed one loan from TDR status due to pay-offs or in accordance with our nonperforming loans and TDR policies. To date, we have restored five nonaccrual commercial loans previously classified as TDRs to accrual status. The following table summarizes the concession at the time of modification and the recorded investment in our TDRs before and after their modification. For the year ended December 31, 2018 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Owner occupied RE 1 - - - 1 $ 506 $ 592 Non-owner occupied RE - 1 - - 1 1,287 1,287 Business 4 - - - 4 1,207 1,532 Consumer Real estate 2 - - - 2 549 669 Total loans 7 1 - - 8 $ 3,549 $ For the year ended December 31, 2017 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded concession payments only extensions of loans investment Investment Commercial Owner occupied RE 1 - - - 1 $ 254 $ 310 Non-owner occupied RE 1 - - - 1 976 976 Business 2 1 - - 3 591 600 Consumer Real estate 1 - - - 1 281 270 Home equity 1 1 - - 2 363 456 Total loans 6 2 - - 8 $ 2,465 $ 2,612 As of December 31, 2018 and 2017 there were no loans modified as TDRs for which there was a payment default (60 days past due) within 12 months of the restructuring date.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2018
Property and Equipment [Abstract]
Property and Equipment	NOTE 6 – Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Components of property and equipment included in the consolidated balance sheets are as follows: December 31, (dollars in thousands) 2018 2017 Land $ 6,827 6,827 Buildings 24,064 23,990 Leasehold Improvements 2,899 2,220 Furniture and equipment 8,890 8,075 Software 329 306 Construction in process 281 40 43,290 41,458 Accumulated depreciation (10,860 ) (9,224 ) Total property and equipment $ 32,430 32,234 Construction in process at December 31, 2018 included costs associated with the upfit of leased office space in Greensboro, North Carolina, while the balance at December 31, 2017 included costs associated with the upfit of leased office space in Atlanta, Georgia. Depreciation and amortization expense for the years ended December 31, 2018 and 2017 was $1.8 million and $1.5 million, respectively. Depreciation is charged to operations utilizing a straight-line method over the estimated useful lives of the assets. The estimated useful lives for the principal items follow: Type of Asset Life in Years Software 3 Furniture and equipment 5 to 7 Leasehold improvements 5 to 15 Buildings 40

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2018
Other Real Estate Owned [Abstract]
Other Real Estate Owned	NOTE 7 – Other Real Estate Owned Other real estate owned is comprised of real estate acquired in settlement of loans and is included in other assets on the balance sheet. At December 31, 2018, there was no other real estate owned, compared to three properties owned totaling $242,000 at December 31, 2017. The following summarizes the activity in the real estate acquired in settlement of loans portion of other real estate owned: For the year ended December 31, (dollars in thousands) 2018 2017 Balance, beginning of year $ 242 $ 639 Additions - 289 Sales (125 ) (501 ) Write-downs, net (117 ) (185 ) Balance, end of year $ - $ 242

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Deposits	NOTE 8 – Deposits The following is a detail of the deposit accounts: December 31, (dollars in thousands) 2018 2017 Noninterest bearing $ 346,570 295,680 Interest bearing: NOW accounts 186,795 229,945 Money market accounts 730,765 545,029 Savings 15,486 16,298 Time, less than $100,000 63,073 55,461 Time, $100,000 and over 305,447 238,710 Total deposits $ 1,648,136 1,381,123 During December 2018, the Company modified the account classification of $45.3 million from interest bearing to noninterest bearing which contributed to the increase in noninterest bearing accounts and the decrease in NOW accounts from December 31, 2017. In addition, at December 31, 2018 and 2017, time deposits greater than $250,000 were $214.0 million and $131.7 million, respectively. Also, at December 31, 2018 and 2017, the Company had approximately $79.3 million and $28.1 million, respectively, of time deposits that were obtained outside of the Company’s primary market. Interest expense on time deposits greater than $100,000 was $4.7 million for the year ended December 31, 2018, $2.7 million for the year ended December 31, 2017, and $1.8 million for the year ended December 31, 2016. At December 31, 2018 the scheduled maturities of certificates of deposit are as follows: (dollars in thousands) 2019 $ 241,771 2020 92,684 2021 24,513 2022 4,306 2023 and after 5,246 $ 368,520

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	12 Months Ended
	Dec. 31, 2018
Federal Home Loan Bank Advances and Other Borrowings [Abstract]
Federal Home Loan Bank Advances and Other Borrowings	NOTE 9 – Federal Home Loan Bank Advances and Other Borrowings At December 31, 2018 the Company had $50.0 million in FHLB Advances. At December 31, 2017, the Company had $67.2 million in FHLB advances and other borrowings. Of the $67.2 million outstanding at December 31, 2017, FHLB advances represented $60.0 million and securities sold under structured agreements to repurchase represented $7.2 million. The FHLB advances are secured with approximately $597.6 million of mortgage loans and $3.6 million of stock in the FHLB. During the third quarter of 2017, the Company restructured two FHLB advances totaling $25.0 million. In accordance with accounting guidance, we determined that the present value of the cash flows of the modified advance did not change by more than 10% from the present value of the cash flows of the original advances. Therefore, the modified FHLB advance was considered to be a restructuring and no gain or loss was recorded in the transaction. The original FHLB advances had a weighted rate of 4.39% and an average remaining life of 8 months. Under the modified arrangement, the FHLB advances had a weighted average rate of 3.36% and an average remaining life of 22 months. There were no FHLB advances restructured during 2018. Listed below is a summary of the terms and maturities of the advances outstanding at December 31, 2018 and 2017. As of December 31, 2018, each of the Company’s advances were at fixed rates. December 31, (dollars in thousands) 2018 2017 Maturity Amount Rate Amount Rate January 30, 2018 $ - -% $ 5,000 4.06% December 31, 2018 - -% 30,000 1.59% December 31, 2019 25,000 2.65% - -% July 7, 2022 10,000 3.11% 10,000 3.11% July 7, 2023 15,000 3.53% 15,000 3.53% $ 50,000 3.01% $ 60,000 2.53% At December 31, 2017, the Company had two structured debt agreements secured by approximately $7.7 million of various investment securities. Both agreements were repaid at maturity during 2018. The Company also has an unsecured, interest only line of credit for $15 million with another financial institution which was unused at December 31, 2018. The line of credit bears interest at LIBOR plus 2.50% and matures on June 30, 2020. The loan agreement contains various financial covenants related to capital, earnings and asset quality.

Junior Subordinated Debentures

Junior Subordinated Debentures	12 Months Ended
	Dec. 31, 2018
Junior Subordinated Debentures [Abstract]
Junior Subordinated Debentures	NOTE 10 – Junior Subordinated Debentures On June 26, 2003, Greenville First Statutory Trust I (a non-consolidated subsidiary) issued $6.0 million floating rate trust preferred securities with a maturity of June 26, 2033. At December 31, 2018, the interest rate was 5.92% and is indexed to the 3-month LIBOR rate plus 3.10% and adjusted quarterly. The Company received from the Trust the $6.0 million proceeds from the issuance of the securities and the $186,000 initial proceeds from the capital investment in the Trust, and accordingly has shown the funds due to the Trust as $6.2 million junior subordinated debentures. On December 22, 2005, Greenville First Statutory Trust II (a non-consolidated subsidiary) issued $7.0 million floating rate trust preferred securities with a maturity of December 22, 2035. At December 31, 2018, the interest rate was 4.24% and is indexed to the 3-month LIBOR rate plus 1.44% and adjusted quarterly. The Company received from the Trust the $7.0 million proceeds from the issuance of the securities and the $217,000 initial proceeds from the capital investment in the Trust, and accordingly has shown the funds due to the Trust as $7.2 million junior subordinated debentures. The current regulatory rules allow certain amounts of junior subordinated debentures to be included in the calculation of regulatory capital. However, provisions within the Dodd-Frank Act prohibit institutions that had more than $15 billion in assets on December 31, 2009 from including trust preferred securities as Tier 1 capital beginning in 2013, with one-third phased out over the two years ending in 2015. Financial institutions with less than $15 billion in total assets, such as the Bank, may continue to include their trust preferred securities issued prior to May 19, 2010 in Tier 1 capital, but cannot include in Tier 1 capital trust preferred securities issued after such date.

Unused Lines of Credit

Unused Lines of Credit	12 Months Ended
	Dec. 31, 2018
Unused Lines of Credit [Abstract]
Unused Lines of Credit	NOTE 11 – Unused Lines of Credit At December 31, 2018, the Company had four lines of credit to purchase federal funds that totaled $72.0 million which were unused at December 31, 2018. The lines of credit are available on a one to 14 day basis for general corporate purposes of the Company. The lender has reserved the right to withdraw the line at their option. The Company has an additional line of credit with the FHLB to borrow funds, subject to a pledge of qualified collateral. The Company has collateral that would support approximately $313.3 million in additional borrowings at December 31, 2018.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2018
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	NOTE 12 – Derivative Financial Instruments The Company utilizes derivative financial instruments primarily to hedge its exposure to changes in interest rates. All derivative financial instruments are recognized as either assets or liabilities and measured at fair value. The Company accounts for all of its derivatives as free-standing derivatives and does not designate any of these instruments for hedge accounting. Therefore, the gain or loss resulting from the change in the fair value of the derivative is recognized in the Company’s statement of income during the period of change. The Company enters into commitments to originate residential mortgage loans held for sale, at specified interest rates and within a specified period of time, with clients who have applied for a loan and meet certain credit and underwriting criteria (interest rate lock commitments). These interest rate lock commitments (“IRLCs”) meet the definition of a derivative financial instrument and are reflected in the balance sheet at fair value with changes in fair value recognized in current period earnings. Unrealized gains and losses on the IRLCs are recorded as derivative assets and derivative liabilities, respectively, and are measured based on the value of the underlying mortgage loan, quoted mortgage-backed securities (“MBS”) prices and an estimate of the probability that the mortgage loan will fund within the terms of the interest rate lock commitment, net of estimated commission expenses. The Company manages the interest rate and price risk associated with its outstanding IRLCs and mortgage loans held for sale by entering into derivative instruments such as forward sales of MBS. Management expects these derivatives will experience changes in fair value opposite to changes in fair value of the IRLCs and mortgage loans held for sale, thereby reducing earnings volatility. The Company takes into account various factors and strategies in determining the portion of the mortgage pipeline (IRLCs and mortgage loans held for sale) it wants to economically hedge. The following table summarizes the Company’s outstanding financial derivative instruments at December 31, 2018 and December 31, 2017. December 31, 2018 Fair Value (dollars in thousands) Notional Balance Sheet Location Asset/(Liability) Mortgage loan interest rate lock commitments $ 20,552 Other assets $ 345 MBS forward sales commitments 11,750 Other liabilities (121 ) Total derivative financial instruments $ 32,302 $ 224 December 31, 2017 Fair Value Notional Balance Sheet Location Asset/(Liability) Mortgage loan interest rate lock commitments $ 15,430 Other assets $ 196 MBS forward sales commitments 10,750 Other liabilities (28 ) Total derivative financial instruments $ 26,180 $ 168

Fair Value Accounting

Fair Value Accounting	12 Months Ended
	Dec. 31, 2018
Fair Value Accounting [Abstract]
Fair Value Accounting	NOTE 13 – Fair Value Accounting FASB ASC 820, “Fair Value Measurement and Disclosures Topic,” defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 – Quoted market price in active markets Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include certain debt and equity securities that are traded in an active exchange market. Level 2 – Significant other observable inputs Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include fixed income securities and mortgage-backed securities that are held in the Company’s available-for-sale portfolio and valued by a third-party pricing service, as well as certain impaired loans. Level 3 – Significant unobservable inputs Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. These methodologies may result in a significant portion of the fair value being derived from unobservable data. Fair Value of Financial Instruments Financial instruments require disclosure of fair value information, whether or not recognized in the consolidated balance sheets, when it is practical to estimate the fair value. A financial instrument is defined as cash, evidence of an ownership interest in an entity or a contractual obligation which requires the exchange of cash. Certain items are specifically excluded from the disclosure requirements, including the Company’s common stock, premises and equipment and other assets and liabilities. The following is a description of valuation methodologies used to estimate fair value for assets recorded at fair value. Fair value approximates carrying value for the following financial instruments due to the short-term nature of the instrument: cash and due from banks, federal funds sold, other investments, federal funds purchased, and securities sold under agreement to repurchase. Investment Securities Securities available for sale are valued on a recurring basis at quoted market prices where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable securities. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities and debentures issued by government sponsored entities, municipal bonds and corporate debt securities. In certain cases where there is limited activity or less transparency around inputs to valuations, securities are classified as Level 3 within the valuation hierarchy. Securities held to maturity are valued at quoted market prices or dealer quotes similar to securities available for sale. The carrying value of Other Investments, such as Federal Reserve Bank and FHLB stock, approximates fair value based on their redemption provisions. Mortgage Loans Held for Sale Loans held for sale include mortgage loans which are saleable into the secondary mortgage markets and their fair values are estimated using observable quoted market or contracted prices or market price equivalents, which would be used by other market participants. These saleable loans are considered Level 2. Impaired Loans The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan may be considered impaired and an allowance for loan losses may be established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures the impairment in accordance with FASB ASC 310, “Receivables.” The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. In accordance with FASB ASC 820, “Fair Value Measurement and Disclosures,” impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company considers the impaired loan as nonrecurring Level 2. The Company’s current loan and appraisal policies require the Company to obtain updated appraisals on an “as is” basis at renewal, or in the case of an impaired loan, on an annual basis, either through a new external appraisal or an appraisal evaluation. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the impaired loan as nonrecurring Level 3. The fair value of impaired loans may also be estimated using the present value of expected future cash flows to be realized on the loan, which is also considered a Level 3 valuation. These fair value estimates are subject to fluctuations in assumptions about the amount and timing of expected cash flows as well as the choice of discount rate used in the present value calculation. Other Real Estate Owned OREO, consisting of properties obtained through foreclosure or in satisfaction of loans, is reported at the lower of cost or fair value, determined on the basis of current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for estimated selling costs (Level 2). At the time of foreclosure, any excess of the loan balance over the fair value of the real estate held as collateral is treated as a charge against the allowance for loan losses. Gains or losses on sale and generally any subsequent adjustments to the value are recorded as a component of real estate owned activity. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the OREO as nonrecurring Level 3. Derivative Financial Instruments The Company estimates the fair value of IRLCs based on the value of the underlying mortgage loan, quoted MBS prices and an estimate of the probability that the mortgage loan will fund within the terms of the IRLC, net of commission expenses (Level 2). The Company estimates the fair value of forward sales commitments based on quoted MBS prices (Level 2). Assets and Liabilities Recorded at Fair Value on a Recurring Basis The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis. December 31, 2018 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,782 - 8,782 SBA securities - 3,525 - 3,525 State and political subdivisions - 8,356 - 8,356 Asset-backed securities - 9,558 - 9,558 Mortgage-backed securities - 44,684 - 44,684 Mortgage loans held for sale - 9,241 - 9,241 Mortgage loan interest rate lock commitments - 345 - 345 Total assets measured at fair value on a recurring basis $ - 84,491 - 84,491 Liabilities MBS forward sales commitments $ - 121 - 121 Total liabilities measured at fair value on a recurring basis $ - 121 - 121 December 31, 2017 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,653 - 8,653 SBA securities - 4,063 - 4,063 State and political subdivisions - 11,396 - 11,396 Mortgage-backed securities - 43,491 - 43,491 Mortgage loans held for sale - 11,790 - 11,790 Mortgage loan interest rate lock commitments - 196 - 196 Total assets measured at fair value on a recurring basis $ - 79,589 - 79,589 Liabilities MBS forward sales commitments $ - 28 - 28 Total liabilities measured at fair value on a recurring basis $ - 28 - 28 Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company is predominantly an asset based lender with real estate serving as collateral on more than 80% of loans as of December 31, 2018. Loans which are deemed to be impaired are valued net of the allowance for loan losses, and other real estate owned is valued at the lower of cost or net realizable value of the underlying real estate collateral. Such market values are generally obtained using independent appraisals, which the Company considers to be level 2 inputs. The tables below present the recorded amount of assets and liabilities measured at fair value on a nonrecurring basis. December 31, 2018 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 2,190 8,368 10,558 Total assets measured at fair value on a nonrecurring basis $ - 2,190 8,368 10,558 December 31, 2017 Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 2,685 6,084 8,769 Other real estate owned - 148 94 242 Total assets measured at fair value on a nonrecurring basis $ - 2,833 6,178 9,011 The Company had no liabilities carried at fair value or measured at fair value on a nonrecurring basis. For Level 3 assets and liabilities measured at fair value on a recurring or nonrecurring basis as of December 31, 2018, the significant unobservable inputs used in the fair value measurements were as follows: Valuation Technique Significant Unobservable Inputs Range of Inputs Impaired loans Appraised Value/ Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal 0-25% Other real estate owned Appraised Value/ Discounts to appraisals for estimated holding or selling costs 0-25% Fair Value of Financial Instruments Financial instruments require disclosure of fair value information, whether or not recognized in the consolidated balance sheets, when it is practical to estimate the fair value. A financial instrument is defined as cash, evidence of an ownership interest in an entity or a contractual obligation which requires the exchange of cash. Certain items are specifically excluded from the disclosure requirements, including the Company’s common stock, premises and equipment and other assets and liabilities. The following is a description of valuation methodologies used to estimate fair value for certain other financial instruments. Fair value approximates carrying value for the following financial instruments due to the short-term nature of the instrument: cash and due from banks, federal funds sold, other investments, federal funds purchased, and securities sold under agreement to repurchase. Loans – The valuation of loans held for investment was impacted by the adoption of ASU 2016-01 during 2018. Prior to adopting the amendments included in the standard, the Company was allowed to measure fair value under an entry price notion. The entry price notion previously applied by the Company used a discounted cash flows technique to calculate the present value of expected future cash flows for a financial instrument. The exit price notion uses the same approach, but also incorporates other factors, such as enhanced credit risk, illiquidity risk and market factors that sometimes exist in exit prices in dislocated markets. As of December 31, 2018, the technique used by the Company to estimate the exit price of the loan portfolio consists of similar procedures to those used as of December 31, 2017, but with added emphasis on both illiquidity risk and credit risk not captured by the previously applied entry price notion. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach, using the eight categories as disclosed in Note 4 – Loans and Allowance for Loan Losses. Loans are considered a Level 3 classification. Deposits – Fair value for demand deposit accounts and interest-bearing accounts with no fixed maturity date is equal to the carrying value. The fair value of certificate of deposit accounts are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. FHLB Advances and Other Borrowings – Fair value for FHLB advances and other borrowings are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. Junior subordinated debentures – Fair value for junior subordinated debentures are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. The Company has used management’s best estimate of fair value based on the above assumptions. Thus, the fair values presented may not be the amounts that could be realized in an immediate sale or settlement of the instrument. In addition, any income taxes or other expenses, which would be incurred in an actual sale or settlement, are not taken into consideration in the fair value presented. The estimated fair values of the Company’s financial instruments at December 31, 2018 and 2017 are as follows: December 31, 2018 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Other investments, at cost $ 4,121 4,121 - - 4,121 Loans 1 1,648,998 1,618,618 - - 1,618,618 Financial Liabilities: Deposits 1,648,136 1,515,123 - 1,515,123 - FHLB and other borrowings 50,000 50,147 - 50,147 - Junior subordinated debentures 13,403 14,807 - 14,807 - December 31, 2017 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Other investments, at cost $ 4,462 4,462 - - 4,462 Loans 1 1,371,547 1,372,684 - 2,685 1,369,999 Financial Liabilities: Deposits 1,381,123 1,269,462 - 1,269,462 - FHLB and other borrowings 67,200 67,890 - 67,890 - Junior subordinated debentures 13,403 13,166 - 13,166 - 1 Carrying amount is net of the allowance for loan losses and previously presented impaired loans. In accordance with the prospective adoption of ASU No. 2016-01, the fair value of loans as of December 31, 2018 was measured using an exit price notion. The fair value of loans as of December 31, 2017 was measured using an entry price notion.

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Common Share [Abstract]
Earnings Per Common Share	NOTE 14 – Earnings Per Common Share The following schedule reconciles the numerators and denominators of the basic and diluted earnings per share computations for the years ended December 31, 2018, 2017 and 2016. Dilutive common shares arise from the potentially dilutive effect of the Company’s stock options and warrants that are outstanding. The assumed conversion of stock options and warrants can create a difference between basic and dilutive net income per common share. At December 31, 2018, 2017 and 2016, options totaling 195,425, 107,015, and 108,315, respectively, were anti-dilutive in the calculation of earnings per share as their exercise price exceeded the fair market value. These options were therefore excluded from the diluted earnings per share calculation. December 31, (dollars in thousands, except share data) 2018 2017 2016 Numerator: Net income $ 22,289 13,045 13,036 Net income available to common shareholders $ 22,289 13,045 13,036 Denominator: Weighted-average common shares outstanding - basic 7,384,200 7,005,703 6,318,322 Common stock equivalents 353,295 387,674 402,566 Weighted-average common shares outstanding - diluted 7,737,495 7,393,377 6,720,888 Earnings per common share: Basic $ 3.02 1.86 2.06 Diluted $ 2.88 1.76 1.94

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	NOTE 15 – Commitments and Contingencies The Company has entered into a three year employment agreement with its chief executive officer and a two year employment agreement with its president and with 12 executive vice presidents. These agreements also include a) an incentive program, b) a stock option plan, c) a one-year non-compete agreement upon termination and a severance payment equal to one year of compensation. The total estimated aggregate salary commitment is approximately $3.1 million. The Company has an agreement with a data processor which expires in 2023 to provide certain item processing, electronic banking, and general ledger processing services. Components of this contract vary based on transaction and account volume, including a base monthly charge of approximately $102,000 and certain termination fees. The Company has occupied land and banking office space under leases expiring on various dates through 2028. The estimated future minimum lease payments under these noncancelable operating leases are summarized as follows: (dollars in thousands) For the years ended December 31, 2019 $ 2,048 2020 2,129 2021 2,181 2022 1,734 2023 1,278 Thereafter 6,378 $ 15,748 Lease expense for the years ended December 31, 2018, 2017, and 2016, totaled $1.8 million, $1.3 million, and $1.2 million, respectively. The Company may be subject to litigation and claims in the normal course of business. As of December 31, 2018, management believes there is no material litigation pending.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Income Taxes	NOTE 16 – Income Taxes The components of income tax expense were as follows: For the years ended December 31, (dollars in thousands) 2018 2017 2016 Current income taxes: Federal $ 5,536 7,139 6,429 State 990 573 548 Total current tax expense 6,526 7,712 6,977 Deferred income tax expense (benefit) (125 ) 2,904 356 Income tax expense $ 6,401 10,616 7,333 The following is a summary of the items that caused recorded income taxes to differ from taxes computed using the statutory tax rate: For the years ended December 31, (dollars in thousands) 2018 2017 2016 Tax expense at statutory rate $ 6,025 8,281 7,129 Effect of state income taxes, net of federal benefit 782 372 356 Exempt income (34 ) (146 ) (162 ) Effect of change in federal tax rate - 2,441 - Effect of stock-based compensation (248 ) (2 ) 160 Other (124 ) (330 ) (150 ) Income tax expense $ 6,401 10,616 7,333 Income tax expense for the year ended December 31, 2017 was impacted by the adjustment of our deferred tax assets and liabilities related to the reduction in the U.S. federal statutory income tax rate to 21% under the Tax Act, which was enacted on December 22, 2017. As a result of the new law, we recognized a provisional net tax expense totaling $2.4 million, as noted in the table above. During the fourth quarter of 2018, the Company completed its accounting for the income tax effects related to the Tax Act which resulted in no change to the provisional adjustment recorded in income tax expense in 2017. As a result of the Tax Act, deferred taxes as of December 31, 2018 and 2017 are based on the newly enacted U.S. statutory federal income tax rate of 21%, while deferred taxes as of December 31, 2016 are based on the previous federal income tax rate of 35%. The components of the deferred tax assets and liabilities are as follows: December 31, (dollars in thousands) 2018 2017 Deferred tax assets: Allowance for loan losses $ 3,310 3,260 Unrealized loss on securities available for sale 244 121 Net deferred loan fees 592 480 Deferred compensation 1,280 1,124 Sale of real estate owned 128 104 Accrued expenses - 16 Other 130 136 5,684 5,241 Deferred tax liabilities: Property and equipment 1,433 1,208 Hedging transactions 112 88 Prepaid expenses 107 99 Other 12 64 1,664 1,459 Net deferred tax asset $ 4,020 3,782 The Company has analyzed the tax positions taken or expected to be taken in its tax returns and concluded it has no liability related to uncertain tax positions.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 17 – Related Party Transactions Certain directors, executive officers, and companies with which they are affiliated, are clients of and have banking transactions with the Company in the ordinary course of business. These loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with persons not related to the lender. A summary of loan transactions with directors and executive officers, including their affiliates is as follows: For the years ended December 31, (dollars in thousands) 2018 2017 Balance, beginning of year $ 15,276 14,825 New loans 5,686 6,843 Less loan payments (6,993 ) (6,392 ) Balance, end of year $ 13,969 15,276 Deposits by executive officers and directors and their related interests at December 31, 2018 and 2017, were $2.7 million and $3.5 million, respectively. The Company has a land lease with a director on the property for a branch office, with monthly payments of $5,388. In addition, the Company periodically enters into various consulting agreements with the director for development, administration and advisory services related to the purchase of property and construction of current and future branch office sites. Also, the Company contracts with the director on an annual basis to provide property management services for its four offices in the Greenville market. The Company paid the director approximately $21,000, $38,000, and $29,000 for these services during 2018, 2017, and 2016, respectively.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2018
Financial Instruments With Off-Balance Sheet Risk [Abstract]
Financial Instruments With Off-Balance Sheet Risk	NOTE 18 – Financial Instruments With Off-Balance Sheet Risk In the ordinary course of business, and to meet the financing needs of its clients, the Company is a party to various financial instruments with off-balance sheet risk. These financial instruments, which include commitments to extend credit and standby letters of credit, involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheets. The contract amount of those instruments reflects the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amounts of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Commitments to extend credit are agreements to lend to a client as long as there is no violation of any material condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. At December 31, 2017, unfunded commitments to extend credit were approximately $345.9 million, of which $96.4 million is at fixed rates and $249.5 million is at variable rates. At December 31, 2016, unfunded commitments to extend credit were approximately $226.6 million, of which $57.8 million is at fixed rates and $168.8 million is at variable rates. The Company evaluates each client’s credit-worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the borrower. Collateral varies but may include accounts receivable, inventory, property, plant and equipment, and commercial and residential real estate. At December 31, 2017 and 2016, there was a $6.3 million and $4.4 million commitment, respectively, under letters of credit. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to clients. Collateral varies but may include accounts receivable, inventory, equipment, marketable securities and property. Since most of the letters of credit are expected to expire without being drawn upon, they do not necessarily represent future cash requirements. The fair value of off balance sheet lending commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties credit standing. The total fair value of such instruments is not material.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2018
Employee Benefit Plan [Abstract]
Employee Benefit Plan	NOTE 19 – Employee Benefit Plan On January 1, 2000, the Company adopted the Southern First Bancshares, Inc. Profit Sharing and 401(k) Plan for the benefit of all eligible employees. The Company contributes to the Plan annually upon approval by the Board of Directors. Contributions made to the Plan for the years ended December 31, 2018, 2017, and 2016 amounted to $587,000, $476,000, and $356,000, respectively. The Company also provides a nonqualified deferred compensation plan for 20 executive officers in the form of a Supplemental Executive Retirement Plan (“SERP”). The SERP provides retirement income for these officers. As of December 31, 2018 and 2017, the Company had an accrued benefit obligation of $6.1 million and $5.4 million, respectively. The Company incurred expenses related to this plan of $940,000, $792,000, and $782,000 in 2018, 2017, and 2016, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 20 – Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards issued to employees and non-employee directors. Compensation cost is measured as the fair value of these awards on their date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock option and restricted stock awards. The Company’s stock incentive programs are long-term retention programs intended to attract, retain, and provide incentives for key employees and non-employee directors in the form of incentive and non-qualified stock options and restricted stock. Stock-based compensation expense was recorded as follows: For the yea rs ended December 31, (dollars in thousands) 2018 2017 2016 Stock option expense $ 1,183 959 746 Restricted stock grant expense 319 299 286 Total stock-based compensation expense $ 1,502 1,258 1,032 Stock Options On May 17, 2016, the Company adopted the 2016 Equity Incentive Plan, making available for issuance 400,000 stock options. The options may be exercised at an exercise price per share based on the fair market value and determined on the date of grant and expire 10 years from the grant date. As of December 31, 2018, there were 255,715 options available for grant under the 2016 Equity Incentive Plan. A summary of the status of the stock option plan and changes for the period is presented below: F or the years ended December 31, 2018 2017 2016 Weighted Weighted Weighted Weighted Average Weighted Average Weighted Average average Remaining average Remaining average Remaining exercise Contractual exercise Contractual exercise Contractual Shares price Life Shares price Life Shares price Life Outstanding at beginning of year 662,841 $ 15.70 642,203 $ 11.77 693,954 $ 8.94 Granted 93,200 43.32 110,950 35.34 109,500 23.65 Exercised (105,630 ) 8.51 (74,437 ) 9.48 (152,751 ) 7.19 Forfeited or expired (3,600 ) 40.03 (15,875 ) 23.49 (8,500 ) 15.69 Outstanding at end of year 646,811 $ 20.71 5.6 years 662,841 $ 15.70 5.6 years 642,203 $ 11.77 5.9 years Options exercisable at year-end 404,851 $ 12.58 4.0 years 419,766 $ 9.20 4.1 years 399,256 $ 7.62 4.4 years Weighted average fair value of options granted during the year $ 16.83 $ 14.14 $ 10.96 Shares available for grant 270,090 359,690 454,765 The aggregate intrinsic value (the difference between the Company’s closing stock price on the last trading day of the year and the exercise price, multiplied by the number of in-the-money options) of 646,811 and 662,841 stock options outstanding at December 31, 2018 and 2017 was $8.7 million and $16.9 million, respectively. The aggregate intrinsic value of 404,851 and 419,766 stock options exercisable at December 31, 2018 and 2017 was $8.0 million and $13.5 million, respectively. The fair value of the option grant is estimated on the date of grant using the Black-Scholes option-pricing model. The following assumptions were used for grants: 2018 2017 2016 Dividend yield - - - Expected life 7 years 7 years 7 years Expected volatility 32.08% 34.63% 43.22% Risk-free interest rate 2.50% 2.04% 1.65% At December 31, 2018, there was $2.3 million of total unrecognized compensation cost related to nonvested stock option grants. The cost is expected to be recognized over a weighted-average period of 2.5 years. The fair value of stock option grants that vested during 2018, 2017, and 2016 was $973,000, $775,000 and $593,000, respectively. Restricted Stock Grants On May 18, 2010, the Company adopted the 2010 Incentive Plan which included a provision for the issuance of 79,860 shares of restricted stock (adjusted for all subsequent stock dividends). On May 19, 2015, the Company amended the 2010 Incentive Plan to add an additional 25,000 shares of common stock to be issuable as restricted stock grants, for a total of 104,860 shares. As of December 31, 2018, all shares of restricted stock, authorized under the plan had been granted. On May 17, 2016, the Company adopted the 2016 Equity Incentive Plan which included a provision for the issuance of 50,000 shares of common stock to be issuable as restricted stock grants. As of December 31, 2018, 46,424 of restricted stock were available for grant. Shares of restricted stock granted to employees under the stock plans are subject to restrictions as to continuous employment for a specified time period following the date of grant. During this period, the holder is entitled to full voting rights and dividends. A summary of the status of the Company’s nonvested restricted stock and changes for the years ended December 31, 2018, 2017, and 2016 is as follows: December 31, 2018 2017 2016 Weighted Weighted Weighted Average Average Average Restricted Grant-Date Restricted Grant-Date Restricted Grant-Date Shares Fair Value Shares Fair Value Shares Fair Value Nonvested at beginning of year 25,000 $ 26.43 36,125 $ 20.13 33,749 $ 12.92 Granted 13,000 42.87 6,500 35.14 22,000 23.91 Vested (8,375 ) 25.17 (17,625 ) 16.73 (17,749 ) 11.68 Forfeited - - - - (1,875 ) 14.72 Nonvested at end of year 29,625 $ 34.00 25,000 $ 26.43 36,125 $ 20.13 At December 31, 2018, there was $741,000 of total unrecognized compensation cost related to nonvested restricted stock grants. The cost is expected to be recognized over a weighted-average period of 2.6 years.

Dividends

Dividends	12 Months Ended
	Dec. 31, 2018
Dividends [Abstract]
Dividends	NOTE 21 – Dividends The ability of the Company to pay cash dividends is dependent upon receiving cash in the form of dividends from the Bank. The dividends that may be paid by the Bank to the Company are subject to legal limitations and regulatory capital requirements. Also, the payment of cash dividends on the Company's common stock by the Company in the future will be subject to certain other legal and regulatory limitations (including the requirement that the Company’s capital be maintained at certain minimum levels) and will be subject to ongoing review by banking regulators. The Federal Reserve has issued a policy statement regarding the payment of dividends by bank holding companies. In general, the Federal Reserve’s policies provide that dividends should be paid only out of current earnings and only if the prospective rate of earnings retention by the bank holding company appears consistent with the organization’s capital needs, asset quality and overall financial condition.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Regulatory Matters [Abstract]
Regulatory Matters	NOTE 22 – Regulatory Matters At both the Company and Bank level, we are subject to various regulatory capital requirements administered by the federal banking agencies. The capital rules require banks and bank holding companies to maintain a minimum total risked-based capital ratio of at least 8%, a total Tier 1 capital ratio of at least 6%, a minimum common equity Tier 1 capital ratio of at least 4.5%, and a leverage ratio of at least 4%. Bank holding companies and banks are also required to hold a capital conservation buffer of common equity Tier 1 capital of 2.5% to avoid limitations on capital distributions and discretionary executive compensation payments. The capital conservation buffer will be phased in incrementally over time, becoming fully effective on January 1, 2019, and will consist of an additional amount of common equity equal to 2.5% of risk-weighted assets. To be considered “well-capitalized” for purposes of certain rules and prompt corrective action requirements, the Bank must maintain a minimum total risked-based capital ratio of at least 10%, a total Tier 1 capital ratio of at least 8%, a common equity Tier 1 capital ratio of at least 6.5%, and a leverage ratio of at least 5%. As of December 31, 2018, our capital ratios exceed these ratios and we remain “well capitalized.” The following table summarizes the capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements at December 31, 2018 and 2017. To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2018 The Bank Total Capital (to risk weighted assets) $ 198,195 12.16% $ 130,368 8.00% $ 162,960 10.00% Tier 1 Capital (to risk weighted assets) 182,433 11.20% 97,776 6.00% 130,368 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 182,433 11.20% 73,332 4.50% 105,924 6.50% Tier 1 Capital (to average assets) 182,433 9.84% 74,126 4.00% 92,658 5.00% The Company Total Capital (to risk weighted assets) 203,595 12.49% 130,368 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 187,833 11.53% 97,776 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 174,833 10.73% 73,332 4.50% n/a n/a Tier 1 Capital (to average assets) 187,833 10.14% 74,126 4.00% n/a n/a To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2017 The Bank Total Capital (to risk weighted assets) $ 175,016 12.99% $ 107,749 8.00% $ 134,686 10.00% Tier 1 Capital (to risk weighted assets) 159,493 11.84% 80,812 6.00% 107,749 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 159,493 11.84% 60,609 4.50% 87,546 6.50% Tier 1 Capital (to average assets) 159,493 10.04% 63,573 4.00% 79,466 5.00% The Company Total Capital (to risk weighted assets) 178,665 13.27% 107,749 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 163,142 12.11% 80,812 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 150,142 11.15% 60,609 4.50% n/a n/a Tier 1 Capital (to average assets) 163,142 10.26% 63,573 4.00% n/a n/a	NOTE 22 – Regulatory Matters At both the Company and Bank level, we are subject to various regulatory capital requirements administered by the federal banking agencies. The capital rules require banks and bank holding companies to maintain a minimum total risked-based capital ratio of at least 8%, a total Tier 1 capital ratio of at least 6%, a minimum common equity Tier 1 capital ratio of at least 4.5%, and a leverage ratio of at least 4%. Bank holding companies and banks are also required to hold a capital conservation buffer of common equity Tier 1 capital of 2.5% to avoid limitations on capital distributions and discretionary executive compensation payments. The capital conservation buffer will be phased in incrementally over time, becoming fully effective on January 1, 2019, and will consist of an additional amount of common equity equal to 2.5% of risk-weighted assets. To be considered “well-capitalized” for purposes of certain rules and prompt corrective action requirements, the Bank must maintain a minimum total risked-based capital ratio of at least 10%, a total Tier 1 capital ratio of at least 8%, a common equity Tier 1 capital ratio of at least 6.5%, and a leverage ratio of at least 5%. As of December 31, 2018, our capital ratios exceed these ratios and we remain “well capitalized.” The following table summarizes the capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements at December 31, 2018 and 2017. To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2018 The Bank Total Capital (to risk weighted assets) $ 198,195 12.16% $ 130,368 8.00% $ 162,960 10.00% Tier 1 Capital (to risk weighted assets) 182,433 11.20% 97,776 6.00% 130,368 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 182,433 11.20% 73,332 4.50% 105,924 6.50% Tier 1 Capital (to average assets) 182,433 9.84% 74,126 4.00% 92,658 5.00% The Company Total Capital (to risk weighted assets) 203,595 12.49% 130,368 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 187,833 11.53% 97,776 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 174,833 10.73% 73,332 4.50% n/a n/a Tier 1 Capital (to average assets) 187,833 10.14% 74,126 4.00% n/a n/a To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2017 The Bank Total Capital (to risk weighted assets) $ 175,016 12.99% $ 107,749 8.00% $ 134,686 10.00% Tier 1 Capital (to risk weighted assets) 159,493 11.84% 80,812 6.00% 107,749 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 159,493 11.84% 60,609 4.50% 87,546 6.50% Tier 1 Capital (to average assets) 159,493 10.04% 63,573 4.00% 79,466 5.00% The Company Total Capital (to risk weighted assets) 178,665 13.27% 107,749 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 163,142 12.11% 80,812 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 150,142 11.15% 60,609 4.50% n/a n/a Tier 1 Capital (to average assets) 163,142 10.26% 63,573 4.00% n/a n/a

Reportable Segments

Reportable Segments	12 Months Ended
	Dec. 31, 2018
Reportable Segments [Abstract]
Reportable Segments	NOTE 23 – Reportable Segments The Company’s reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning purposes by management. The three segments include Commercial and Retail Banking, Mortgage Banking, and Corporate. The following schedule presents financial information for each reportable segment. Year ended December 31, 2018 Commercial and Retail Mortgage (dollars in thousands) Banking Banking Corporate Eliminations Consolidated Interest income $ 76,282 375 9 (9 ) 76,657 Interest expense 15,922 - 592 (9 ) 16,505 Net interest income (loss) 60,360 375 (583 ) - 60,152 Provision for loan losses 1,900 - - - 1,900 Noninterest income 4,657 5,544 - - 10,201 Noninterest expense 35,371 4,152 240 - 39,763 Net income (loss) before taxes 27,746 1,767 (823 ) - 28,690 Income tax provision (benefit) 6,185 389 (173 ) - 6,401 Net income (loss) $ 21,561 1,378 (650 ) - 22,289 Total assets $ ) Year ended December 31, 2017 Commercial and Retail Mortgage Banking Banking Corporate Eliminations Consolidated Interest income $ 60,895 314 11 (11 ) 61,209 Interest expense 9,830 - 514 (11 ) 10,333 Net interest income (loss) 51,065 314 (503 ) - 50,876 Provision for loan losses 2,000 - - - 2,000 Noninterest income 4,185 5,152 - - 9,337 Noninterest expense 30,568 3,738 246 - 34,552 Net income (loss) before taxes 22,682 1,728 (749 ) - 23,661 Income tax expense (benefit) 10,239 639 (262 ) - 10,616 Net income (loss) $ 12,443 1,089 (487 ) - 13,045 Total assets $ 1,615,960 8,230 163,095 (162,660 ) 1,624,625 Commercial and retail banking. The Company’s primary business is to provide traditional deposit and lending products and services to its commercial and retail banking clients. Mortgage banking. The mortgage banking segment provides mortgage loan origination services for loans that will be sold in the secondary market to investors. Corporate. Corporate is comprised primarily of compensation and benefits for certain members of management and interest on parent company debt.

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Information [Abstract]
Parent Company Financial Information	NOTE 24 – Parent Company Financial Information Following is condensed financial information of Southern First Bancshares, Inc. (parent company only): Condensed Balance Sheets December 31, (dollars in thousands) 2018 2017 Assets Cash and cash equivalents $ 5,389 3,623 Investment in subsidiaries 181,919 159,440 Other assets 19 32 Total assets $ 187,327 163,095 Liabilities and Shareholders’ Equity Accounts payable and accrued expenses $ 8 6 Junior subordinated debentures 13,403 13,403 Shareholders’ equity 173,916 149,686 Total liabilities and shareholders’ equity $ 187,327 163,095 Condensed Statements of Income For the years ended December 31, (dollars in thousands) 2018 2017 2016 Revenues Interest income $ 9 11 2 Total revenue 9 11 2 Expenses Interest expense 592 514 402 Other expenses 240 246 243 Total expenses 832 760 645 Income tax benefit 173 262 172 Loss before equity in undistributed net income of subsidiaries (650 ) (487 ) (471 ) Equity in undistributed net income of subsidiaries 22,939 13,532 13,507 Net income $ 22,289 Condensed Statements of Cash Flows For the years ended December 31, (dollars in thousands) 2018 2017 2016 Operating activities Net income $ 22,289 Adjustments to reconcile net income to cash provided by (used for) operating activities Equity in undistributed net income of subsidiaries (22,939 ) (13,532 ) (13,507 ) Compensation expense related to stock options and restricted stock grants 1,502 1,258 1,998 (Increase) decrease in other assets 12 2,772 (449 ) Increase (decrease) in accounts payable and accrued expenses 2 2 (1 ) Net cash provided by operating activities 866 3,545 1,077 Investing activities Investment in subsidiaries, net - (27,334 ) (668 ) Net cash used for investing activities - (27,334 ) (668 ) Financing activities Issuance of common stock - 24,758 - Proceeds from the exercise of stock options and warrants 900 705 1,098 Net cash provided by financing activities 900 25,463 1,098 Net increase (decrease) in cash and cash equivalents 1,766 1,674 1,507 Cash and cash equivalents, beginning of year 3,623 1,949 442 Cash and cash equivalents, end of year $ 5,389

Selected Condensed Quarterly Fi

Selected Condensed Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2018
Selected Condensed Quarterly Financial Data (Unaudited) [Abstract]
Selected Condensed Quarterly Financial Data (Unaudited)	NOTE 25 – Selected Condensed Quarterly Financial Data (Unaudited) 2018 For the quarters ended (dollars in thousands, except share data) March 31 June 30 September 30 December 31 Interest income $ 17,178 18,535 19,865 21,079 Interest expense 3,136 3,923 4,364 5,082 Net interest income 14,042 14,612 15,501 15,997 Provision for loan losses 500 400 400 600 Noninterest income 2,420 2,771 2,533 2,477 Noninterest expenses 9,205 9,979 10,188 10,391 Income before income tax expense 6,757 7,004 7,446 7,483 Income tax expense 1,543 1,494 1,664 1,700 Net income available to common shareholders $ 5,214 5,510 5,782 5,783 Earnings per common share Basic $ 0.71 0.75 0.78 0.78 Diluted $ 0.67 0.71 0.75 0.75 Weighted average common shares outstanding Basic 7,336,839 7,370,709 7,400,174 7,427,902 Diluted 7,726,885 7,751,146 7,746,205 7,725,661 2017 For the quarters ended March 31 June 30 September 30 December 31 Interest income $ 13,959 14,931 15,955 16,364 Interest expense 2,352 2,579 2,646 2,756 Net interest income 11,607 12,352 13,309 13,608 Provision for loan losses 500 500 500 500 Noninterest income 2,051 2,563 2,542 2,181 Noninterest expenses 8,360 8,763 8,806 8,623 Income before income tax expense 4,798 5,652 6,545 6,666 Income tax expense 1,687 2,048 2,295 4,586 Net income available to common shareholders $ 3,111 3,604 4,250 2,080 Earnings per common share Basic $ 0.48 0.52 0.58 0.28 Diluted $ 0.45 0.49 0.55 0.27 Weighted average common shares outstanding Basic 6,437,231 6,986,948 7,281,594 7,304,478 Diluted 6,829,590 7,366,208 7,668,476 7,696,684

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Activities (Policies)	12 Months Ended
	Dec. 31, 2018
Summary of Significant Accounting Policies and Activities [Abstract]
Business activity	Southern First Bancshares, Inc. (the "Company") is a South Carolina corporation that owns all of the capital stock of Southern First Bank (the "Bank") and all of the stock of Greenville First Statutory Trust I and II (collectively, the "Trusts"). The Trusts are special purpose non-consolidated entities organized for the sole purpose of issuing trust preferred securities. The Bank's primary federal regulator is the Federal Deposit Insurance Corporation (the "FDIC"). The Bank is also regulated and examined by the South Carolina Board of Financial Institutions. The Bank is primarily engaged in the business of accepting demand deposits and savings deposits insured by the FDIC, and providing commercial, consumer and mortgage loans to the general public.
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Southern First Bank. In consolidation, all significant intercompany transactions have been eliminated. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America. In accordance with guidance issued by the Financial Accounting Standards Board (“FASB”), the operations of the Trusts have not been consolidated in these financial statements.
Business Segments	Business Segments ASC Topic 280-10, “Segment Reporting,” requires selected segment information of operating segments based on a management approach. The Company’s three reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning by management. Please refer to “Note 23 – Reportable Segments” for further information on the reporting for the Company’s three business segments.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amount of income and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, derivatives, real estate acquired in settlement of loans, fair value of financial instruments, evaluating other-than-temporary-impairment of investment securities and valuation of deferred tax assets.
Risks and Uncertainties	Risks and Uncertainties In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different bases, than its interest-earning assets. Credit risk is the risk of default within the Company’s loan portfolio that results from borrowers’ inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company. The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to changes with respect to valuation of assets, amount of required loan loss allowance and operating restrictions resulting from the regulators’ judgments based on information available to them at the time of their examinations. The Bank makes loans to individuals and businesses in the Upstate, Midlands, and Lowcountry regions of South Carolina as well as the Triangle and Triad regions of North Carolina and Atlanta, Georgia for various personal and commercial purposes. The Bank’s loan portfolio has a concentration of real estate loans. As of December 31, 2018 and 2017, real estate loans represented 82.3% and 82.1%, respectively, of total loans. However, borrowers’ ability to repay their loans is not dependent upon any specific economic sector.
Subsequent Events	Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management performed an evaluation to determine whether there have been any subsequent events since the balance sheet date and determined that no subsequent events occurred requiring accrual or disclosure.
Reclassifications	Reclassifications Certain amounts, previously reported, have been reclassified to state all periods on a comparable basis and had no effect on shareholders’ equity or net income.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest bearing deposits and federal funds sold. Cash and cash equivalents have original maturities of three months or less, and federal funds sold are generally purchased and sold for one-day periods. Accordingly, the carrying value of these instruments is deemed to be a reasonable estimate of fair value. At December 31, 2018 and 2017, included in cash and cash equivalents was $4.9 million and $7.3 million, respectively, on deposit with the Federal Reserve Bank.
Investment Securities	Investment Securities We classify our investment securities as held to maturity securities, trading securities and available for sale securities as applicable. Investment securities are designated as held to maturity if we have the intent and the ability to hold the securities to maturity. Held to maturity securities are carried at amortized cost, adjusted for the amortization of any related premiums or the accretion of any related discounts into interest income using a methodology which approximates a level yield of interest over the estimated remaining period until maturity. Unrealized losses on held to maturity securities, reflecting a decline in value judged by us to be other than temporary, are charged to income in the Consolidated Statements of Income. Investment securities that are purchased and held principally for the purpose of selling in the near term are reported as trading securities. Trading securities are carried at fair value with unrealized holding gains and losses included in earnings. We classify investment securities as available for sale when at the time of purchase we determine that such securities may be sold at a future date or if we do not have the intent or ability to hold such securities to maturity. Securities designated as available for sale are recorded at fair value. Changes in the fair value of debt and equity securities available for sale are included in shareholders’ equity as unrealized gains or losses, net of the related tax effect. Unrealized losses on available for sale securities, reflecting a decline in value judged to be other than temporary, are charged to income in the Consolidated Statements of Income. Realized gains or losses on available for sale securities are computed on the specific identification basis.
Other Investments	Other Investments The Bank, as a member institution, is required to own a stock investment in the Federal Home Loan Bank of Atlanta (“FHLB”). This stock is generally pledged against any borrowings from the FHLB and cash dividends on our FHLB stock are recorded in investment income. No ready market exists for these stocks and they have no quoted market value. However, redemption of this stock has historically been at par value. Other investments also include a $403,000 investment in the Trusts.
Loans	Loans Loans are stated at the principal balance outstanding. Unamortized net loan fees and the allowance for possible loan losses are deducted from total loans on the balance sheets. Interest income is recognized over the term of the loan based on the principal amount outstanding. The net of loan origination fees received and direct costs incurred in the origination of loans is deferred and amortized to interest income over the contractual life of the loans adjusted for actual principal prepayments using a method approximating the interest method.
Nonaccrual and Past Due Loans	Nonaccrual and Past Due Loans Loans are generally placed on nonaccrual status when principal or interest becomes 90 days past due, or when payment in full is not anticipated. When a loan is placed on nonaccrual status, interest accrued but not received is generally reversed against interest income. Cash receipts on nonaccrual loans are not recorded as interest income, but are used to reduce the loan’s principal balance. A nonaccrual loan is generally returned to accrual status and accrual of interest is resumed when payments have been made according to the terms and conditions of the loan for a continuous six month period. Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates.
Nonperforming Assets	Nonperforming Assets Nonperforming assets include real estate acquired through foreclosure or deed taken in lieu of foreclosure, loans on nonaccrual status and loans past due 90 days or more and still accruing interest. Loans are placed on nonaccrual status when, in the opinion of management, the collection of additional interest is uncertain. Thereafter no interest is taken into income until such time as the borrower demonstrates the ability to pay both principal and interest.
Impaired Loans	Impaired Loans Our impaired loans include loans on nonaccrual status and loans modified in a troubled debt restructuring (“TDR”), whether on accrual or nonaccrual status. For loans that are classified as impaired, an allowance is established when the fair value (discounted cash flows, collateral value, or observable market price) of the impaired loan less costs to sell, are lower than the carrying value of that loan. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due, among other factors. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including, without limitation, the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Prior to this change, large groups of smaller balance homogeneous consumer loans were collectively evaluated for impairment, and we did not separately identify individual consumer loans for impairment disclosures.
Loan Charge-off Policy	Loan Charge-off Policy For commercial loans, we generally fully charge off or charge collateralized loans down to net realizable value when management determines the loan to be uncollectible; repayment is deemed to be projected beyond reasonable time frames; the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; the client has filed bankruptcy and the loss becomes evident owing to a lack of assets; or the loan is 120 days past due unless both well-secured and in the process of collection. For consumer loans, we generally charge down to net realizable value when the loan is 180 days past due.
Troubled Debt Restructuring (TDRs)	Troubled Debt Restructuring (TDRs) The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company provides concessions such that we will not collect all principal and interest in accordance with the original terms of the loan agreement. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. Our policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms; continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring, but shows capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual going forward. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. We will continue to closely monitor these loans and will cease accruing interest on them if management believes that the borrowers may not continue performing based on the restructured note terms. If, after previously being classified as a TDR, a loan is restructured a second time and the borrower continues to experience financial difficulties, then that loan is automatically placed on nonaccrual status. Our policy with respect to nonperforming loans requires the borrower to make a minimum of six consecutive payments of principal and interest in accordance with the loan terms before that loan can be placed back on accrual status. Further, the borrower must show capacity to continue performing into the future prior to restoration of accrual status. In addition, our policy, in accordance with supervisory guidance, also provides for a loan to be removed from TDR status if the loan is modified or renewed at terms consistent with current market rates and the loan has been performing under modified terms for an extended period of time or under certain circumstances. In the determination of the allowance for loan losses, management considers TDRs on commercial and consumer loans and subsequent defaults in these restructurings by measuring impairment, on a loan by loan basis, based on either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral, less costs to sell, if the loan is collateral dependent.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is management’s estimate of credit losses inherent in the loan portfolio. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. See Note 4 to the Consolidated Financial Statements for additional information on the allowance for loan losses.
Other Real Estate Owned	Other Real Estate Owned Real estate acquired through foreclosure is initially recorded at the lower of cost or estimated fair value less selling costs. Subsequent to the date of acquisition, it is carried at the lower of cost or fair value, adjusted for net selling costs. Fair values of real estate owned are reviewed regularly and write-downs are recorded when it is determined that the carrying value of real estate exceeds the fair value less estimated costs to sell. Costs relating to the development and improvement of such property are capitalized, whereas those costs relating to holding the property are expensed.
Property and Equipment	Property and Equipment Property and equipment are stated at cost. Major repairs are charged to operations, while major improvements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Upon retirement, sale, or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and gain or loss is included in income from operations. Construction in progress is stated at cost, which includes the cost of construction and other direct costs attributable to the construction. No provision for depreciation is made on construction in progress until such time as the relevant assets are completed and put into use.
Bank Owned Life Insurance Policies	Bank Owned Life Insurance Policies Bank owned life insurance policies represent the cash value of policies on certain officers of the Company.
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase The Bank enters into sales of securities under agreements to repurchase (reverse repurchase agreements). Repurchase agreements are treated as financing, with the obligation to repurchase securities sold being reflected as a liability and the securities underlying the agreements remaining as assets in the Consolidated Balance Sheets.
Comprehensive Income	Comprehensive Income Comprehensive income (loss) consists of net income and net unrealized gains (losses) on securities and is presented in the statements of shareholders’ equity and comprehensive income. The statement requires only additional disclosures in the consolidated financial statements; it does not affect our results of operations.
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“Topic 606”). Under Topic 606, the Company must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the Company satisfies a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. The Company’s primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of Topic 606. The Company has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income was not necessary. The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Our accounting policies will not change materially since the principles of revenue recognition from the Accounting Standards Update are largely consistent with existing guidance and current practices applied by our business. The following is a discussion of revenues within the scope of the new guidance: ● Service fees on deposit accounts ● ATM and debit card income
Income Taxes	Income Taxes The financial statements have been prepared on the accrual basis. When income and expenses are recognized in different periods for financial reporting purposes versus for the purposes of computing income taxes currently payable, deferred taxes are provided on such temporary differences. Deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The Company believes that its income tax filing positions taken or expected to be taken on its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. The Company’s federal and state income tax returns are open and subject to examination from the 2015 tax return year and forward. On December 22, 2017, the Tax Act was signed into law and includes numerous provisions that impact the Company, most notably a reduction in the corporate tax rate from the maximum rate of 35% to a flat rate of 21%. As a result, the Company recorded an incremental income tax expense of $2.4 million in the fourth quarter of 2017. During the fourth quarter of 2018, the Company completed its accounting for the income tax effects related to the Tax Act which resulted in no change to the provisional adjustment recorded in income tax expense in 2017.
Stock-Based Compensation	Stock-Based Compensation The Company has a stock-based employee compensation plan. Compensation cost is recognized for all stock options granted and for any outstanding unvested awards as if the fair value method had been applied to those awards as of the date of grant.
Adoption of New Accounting Standards	Adoption of New Accounting Standards In May 2014, the FASB issued ASU 2014-09 , “Revenue from Contracts with Customers” , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU replaces most existing revenue recognition guidance in GAAP. The new standard was effective for the Company on January 1, 2018. Adoption of ASU 2014-09 did not have a material impact on the Company’s consolidated financial statements and related disclosures as the Company’s primary sources of revenues are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of ASU 2014-09. The Company’s revenue recognition pattern for revenue streams within the scope of ASU 2014-09, including but not limited to service charges on deposit accounts, ATM and debit card income, and gains/losses on the sale of other real estate owned, did not change significantly from current practice. The standard permits the use of either the full retrospective or modified retrospective transition method. The Company elected to use the modified retrospective transition method which requires application of ASU 2014-09 to uncompleted contracts at the date of adoption however, periods prior to the date of adoption will not be retrospectively revised as the impact of the ASU on uncompleted contracts at the date of adoption was not material. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities”. The guidance affects the accounting for equity investments, financial liabilities under the fair value option and the presentation and disclosure requirements of financial instruments. ASU 2016-01 was effective for the Company on January 1, 2018 and resulted in the use of an exit price rather than an entrance price to determine the fair value of loans not measured at fair value on a non-recurring basis in the consolidated balance sheets. See Note 13 – Fair Value Accounting for further information regarding the valuation of these loans. In August 2016, the FASB amended the Statement of Cash Flows topic of the Accounting Standards Codification to clarify how certain cash receipts and cash payments are presented and classified in the statement of cash flows. In November 2016, the FASB again amended the Statement of Cash Flows topic to clarify how restricted cash is presented and classified in the statement of cash flows. The amendments were effective for the Company for fiscal years beginning after December 15, 2017 including interim periods within those fiscal years. These amendments did not have a material effect on the Company’s financial statements. In May 2017, the FASB amended the requirements in the Compensation—Stock Compensation Topic of the Accounting Standards Codification related to changes to the terms or conditions of a share-based payment award. The amendments provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The amendments were effective for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2017 and did not have a material effect on its financial statements. In February 2018, the FASB amended certain aspects of the guidance issued in ASU 2016-01, the Financial Instruments Topic of the ASC. The amendments clarify certain aspects of the guidance issued in ASU 2016-01. The amendments were effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years beginning after June 15, 2018 and did not have a material effect on the Company’s financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which requires Companies to reclassify the stranded effects in other comprehensive income to retained earnings as a result of the change in the tax rates under the Tax Cuts and Jobs Act. The Company has opted to early adopt this pronouncement by retrospective application to each period (or periods) in which the effect of the change in the tax rate under the Tax Act is recognized. The impact of the reclassification from other comprehensive income to retained earnings did not have a material effect on the Company’s financial statements.
Newly Issued, But Not yet Effective Accounting Standards	Newly Issued, But Not yet Effective Accounting Standards In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” . The FASB issued this ASU to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet by lessees for those leases classified as operating leases under current U.S. GAAP and disclosing key information about leasing arrangements. The Company expects that the adoption of ASU 2016-02 will result in the recognition of lease liabilities totaling approximately $18.5 million and the recognition of right-of-use assets totaling approximately $18.5 million. The initial balance sheet gross up upon adoption is primarily related to operating leases of certain real estate properties. The Company has no material leasing arrangements for which it is the lessor of property or equipment. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. The Company expects to apply ASU 2016-02 as of the beginning of the period of adoption (January 1, 2019) using the modified retrospective approach and practical expedients for transition and will not restate comparative periods. The practical expedients allow us to largely account for our existing leases consistent with current guidance except for the incremental balance sheet recognition for lessees. We have started an initial evaluation of our leasing contracts and activities. We have also started developing our methodology to estimate the right-of use assets and lease liabilities, which is based on the present value of lease payments (the December 31, 2018 future minimum lease payments were $15.7 million). We do not expect a material change to the timing of expense recognition but we will continue to evaluate the financial impact as implementation occurs. We are evaluating our existing disclosures and may need to provide additional information as a result of adoption of the ASU. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” . Among other things, ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to form their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, ASU 2016-13 amends the accounting for credit losses on debt securities and purchased financial assets with credit deterioration. ASU 2016-13 is effective for all annual and interim periods beginning after December 31, 2019, with early adoption permitted for fiscal years beginning after December 15, 2018. Adoption will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company intends to adopt the guidance on January 1, 2020 and has established a team of individuals from credit, finance and risk management to evaluate the requirements of the new standard and the impact it will have on our processes. Our implementation plan has progressed through the initial design, build, and testing phase and, in the first quarter of 2019, we will begin running parallel models. While we continue to evaluate the impact the new guidance will have on our financial position and results of operations, we currently expect the new guidance may result in an increase to our allowance for credit losses given the change to estimated losses over the contractual life of the loan portfolio. The amount of any change to our allowance is still under review and will depend, in part, upon the composition of our loan portfolio at the adoption date as well as economic conditions and loss forecasts at that date. In March 2017, the FASB amended the requirement in the Receivables-Nonrefundable Fees and Other Costs Topic of the ASC related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments were effective for the Company for interim and annual periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2018
Investment Securities [Abstract]
Summary of amortized costs and fair value of investment securities	December 31, 2018 Amortized Gross Unrealized Fair (dollars in thousands) Cost Gains Losses Value Available for sale US government agencies $ 8,975 1 194 8,782 SBA securities 3,628 - 103 3,525 State and political subdivisions 8,371 48 63 8,356 Asset-backed securities 9,595 12 49 9,558 Mortgage-backed securities FHLMC 12,258 87 242 12,103 FNMA 29,068 25 551 28,542 GNMA 4,170 1 132 4,039 Total mortgage-backed securities 45,496 113 925 44,684 Total $ 76,065 174 1,334 74,905
Summary of amortized costs and fair values of investment securities available for sale by contractual maturity	December 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value Available for sale US government agencies $ 8,749 1 97 8,653 SBA securities 4,087 - 24 4,063 State and political subdivisions 11,242 179 25 11,396 Mortgage-backed securities FHLMC 9,102 - 149 8,953 FNMA 29,383 3 386 29,000 GNMA 5,618 2 82 5,538 Total mortgage-backed securities 44,103 5 617 43,491 Total $ 68,181 185 763 67,603
Summary of gross unrealized losses on investment securities and fair market value of related securities	December 31, 2018 2017 Amortized Fair Amortized Fair (dollars in thousands) Cost Value Cost Value Available for sale Due within one year $ - - 1,435 1,427 Due after one through five years 8,681 8,578 2,677 2,666 Due after five through ten years 22,796 22,379 24,796 24,645 Due after ten years 44,588 43,948 39,273 38,865 $ 76,065 74,905 68,181 67,603
Summary of other investments	Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2018 Available for sale US government agencies 1 $ 1,246 $ 3 8 $ 7,035 $ 191 9 $ 8,281 $ 194 SBA securities - - - 2 3,525 103 2 3,525 103 State and political subdivisions - - - 7 2,829 63 7 2,829 63 Asset-backed 4 6,707 49 - - - 4 6,707 49 Mortgage-backed FHLMC - - - 10 7,402 242 10 7,402 242 FNMA 2 2,689 6 23 22,814 545 25 25,503 551 GNMA 1 1,104 6 3 2,919 126 4 4,023 132 8 $ 11,746 $ 64 53 $ 46,524 $ 1,270 61 $ 58,270 $ 1,334 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized # value losses # value losses # value losses As of December 31, 2017 Available for sale US government agencies 5 $ 4,184 $ 22 4 $ 3,968 $ 75 9 $ 8,152 $ 97 SBA securities 1 2,936 13 1 1,127 11 2 4,063 24 State and political subdivisions 3 1,214 9 2 792 16 5 2,006 25 Mortgage-backed FHLMC 3 2,897 26 7 6,056 123 10 8,953 149 FNMA 11 14,345 135 13 14,597 251 24 29,940 386 GNMA 2 2,270 40 1 971 42 3 2,243 82 25 $ 27,846 $ 245 28 $ 27,511 $ 518 53 $ 55,357 $ 763

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Summary of composition of loan portfolio	December 31, (dollars in thousands) 2018 2017 Commercial Owner occupied RE $ 367,018 21.9 % 316,818 22.8 % Non-owner occupied RE 404,296 24.1 % 312,798 22.6 % Construction 84,411 5.0 % 51,179 3.7 % Business 272,980 16.3 % 226,158 16.3 % Total commercial loans 1,128,705 67.3 % 906,953 65.4 % Consumer Real estate 320,943 19.1 % 273,050 19.7 % Home equity 165,937 9.9 % 156,141 11.3 % Construction 37,925 2.3 % 28,351 2.0 % Other 23,822 1.4 % 22,575 1.6 % Total consumer loans 548,627 32.7 % 480,117 34.6 % Total gross loans, net of deferred fees 1,677,332 100.0 % 1,387,070 100.0 % Less – allowance for loan losses (15,762 ) (15,523 ) Total loans, net $ 1,661,570 1,371,547
Composition of gross loans by rate type	December 31, (dollars in thousands) 2018 2017 Variable rate loans $ 402,148 349,493 Fixed rate loans 1,275,184 1,037,577 $ 1,677,332 1,387,070
Summary of nonperforming assets, including nonaccruing TDRs	December 31, (dollars in thousands) 2018 2017 Commercial Owner occupied RE $ - - Non-owner occupied RE 210 1,581 Construction - - Business 81 910 Consumer Real estate 1,980 992 Home equity 1,006 1,144 Construction - - Other 12 1 Nonaccruing troubled debt restructurings 2,541 2,673 Total nonaccrual loans, including nonaccruing TDRs 5,830 7,301 Other real estate owned - 242 Total nonperforming assets $ 5,830 7,543 Nonperforming assets as a percentage of: Total assets 0.31 % 0.46 % Gross loans 0.35 % 0.54 % Total loans over 90 days past due $ 458 2,027 Loans over 90 days past due and still accruing - - Accruing TDRs 6,742 5,145
Summary of key information for impaired loans	December 31, 2018 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 2,827 2,762 451 75 Non-owner occupied RE 3,321 2,807 2,204 558 Construction - - - - Business 3,745 2,520 2,005 895 Total commercial 9,893 8,089 4,660 1,528 Consumer Real estate 2,993 2,892 1,398 456 Home equity 1,935 1,421 - - Construction - - - - Other 170 170 170 30 Total consumer 5,098 4,483 1,568 486 Total $ 14,991 12,572 6,228 December 31, 2017 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 2,281 2,235 464 179 Non-owner occupied RE 6,827 3,665 2,646 750 Construction - - - - Business 3,735 2,764 1,993 1,061 Total commercial 12,843 8,664 5,103 1,990 Consumer Real estate 2,062 2,037 2,037 1,379 Home equity 2,010 1,575 680 286 Construction - - - - Other 171 170 170 22 Total consumer 4,243 3,782 2,887 1,687 Total $ 17,086 7,990 3,677
Summary of average recorded investment and interest income recognized on impaired loans	Year ended December 31, 2018 2017 2016 Average Recognized Average Recognized Average Recognized recorded interest recorded interest recorded interest (dollars in thousands) investment income investment income investment income Commercial Owner occupied RE $ 2,784 142 2,255 104 2,263 112 Non-owner occupied RE 2,860 174 4,144 199 4,106 200 Construction - - - - - - Business 2,883 162 2,823 162 2,873 135 Total commercial 8,527 478 9,222 465 9,242 447 Consumer Real estate 2,930 151 2,047 69 1,854 81 Home equity 1,453 99 1,576 97 257 2 Construction - - - - - - Other 174 5 174 6 203 6 Total consumer 4,557 255 3,797 172 2,314 89 Total $ 13,084 13,019 637 11,556 536
Summary of activity related to allowance for loan losses	Year ended December 31, (dollars in thousands) 2018 2017 2016 Balance, beginning of period $ 15,523 14,855 13,629 Provision for loan losses 1,900 2,000 2,300 Loan charge-offs: Commercial Owner occupied RE - - (5 ) Non-owner occupied RE (432 ) (589 ) (100 ) Construction - - (42 ) Business (695 ) (638 ) (1,031 ) Total commercial (1,127 ) (1,227 ) (1,178 ) Consumer Real estate (749 ) - (194 ) Home equity (217 ) (400 ) (66 ) Construction - - - Other (53 ) (11 ) (210 ) Total consumer (1,019 ) (411 ) (470 ) Total loan charge-offs (2,146 ) (1,638 ) (1,648 ) Loan recoveries: Commercial Owner occupied RE - - - Non-owner occupied RE 132 119 155 Construction - - - Business 229 86 403 Total commercial 361 205 558 Consumer Real estate 5 86 10 Home equity 115 13 1 Construction - - - Other 4 2 5 Total consumer 124 101 16 Total recoveries 485 306 574 Net loan charge-offs (1,661 ) (1,332 ) (1,074 ) Balance, end of period $ 15,762 15,523 14,855
Summary of allowance for loan losses by commercial and consumer portfolio segments	Year ended December 31, 2018 (dollars in thousands) Commercial Consumer Unallocated Total Balance, beginning of period $ 9,937 5,586 - 15,523 Provision 1,597 303 - 1,900 Loan charge-offs (1,127 ) (1,019 ) - (2,146 ) Loan recoveries 361 124 - 485 Net loan charge-offs (766 ) (895 ) - (1,661 ) Balance, end of period $ 10,768 4,994 - 15,762 Year ended December 31, 2017 Commercial Consumer Unallocated Total Balance, beginning of period $ 10,039 4,816 - 14,855 Provision 920 1,080 - 2,000 Loan charge-offs (1,227 ) (411 ) - (1,638 ) Loan recoveries 205 101 - 306 Net loan charge-offs (1,022 ) (310 ) - (1,332 ) Balance, end of period $ 9,937 5,586 - 15,523
Summary of allowance for loan losses and recorded investment in loans by impairment methodology	December 31, 2018 Allowance for loan losses Recorded investment in loans (dollars in thousands) Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 1,528 486 2,014 8,089 4,483 12,572 Collectively evaluated 9,240 4,508 13,748 1,120,616 544,144 1,664,760 Total $ 10,768 4,994 15,762 1,128,705 548,627 1,677,332 December 31, 2017 Allowance for loan losses Recorded investment in loans Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 1,990 1,687 3,677 8,664 3,782 12,446 Collectively evaluated 7,947 3,899 11,846 898,289 476,335 1,374,624 Total $ 9,937 5,586 15,523 906,953 480,117 1,387,070
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status	December 31, 2018 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Current $ 367,018 404,179 84,411 272,864 1,128,472 30-59 days past due - 117 - 36 153 60-89 days past due - - - - - Greater than 90 days - - - 80 80 $ 367,018 404,296 84,411 272,980 1,128,705 December 31, 2017 Owner Non-owner occupied RE occupied RE Construction Business Total Current $ 316,818 312,477 51,179 224,861 905,335 30-59 days past due - 129 - 416 545 60-89 days past due - - - - - Greater than 90 days - 192 - 881 1,073 $ 316,818 312,798 51,179 226,158 906,953
Summary of breakdown of outstanding loans by risk category	December 31, 2018 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Pass $ 363,621 400,266 84,411 266,898 1,115,196 Special Mention 296 118 - 2,971 3,385 Substandard 3,101 3,912 - 3,111 10,124 Doubtful - - - - - $ 367,018 404,296 84,411 272,980 1,128,705 December 31, 2017 Owner Non-owner occupied RE occupied RE Construction Business Total Pass $ 312,628 306,965 51,179 215,729 886,501 Special Mention 1,770 2,082 - 5,540 9,392 Substandard 2,420 3,751 - 4,889 11,060 Doubtful - - - - - $ 316,818 312,798 51,179 226,158 906,953
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status	December 31, 2018 (dollars in thousands) Real estate Home equity Construction Other Total Current $ 317,267 165,727 37,925 23,603 544,522 30-59 days past due 2,555 30 - 106 2,691 60-89 days past due 923 - - 113 1,036 Greater than 90 days 198 180 - - 378 $ 320,943 165,937 37,925 23,822 548,627 December 31, 2017 Real estate Home equity Construction Other Total Current $ 271,284 154,821 28,351 22,506 476,962 30-59 days past due 681 325 - 69 1,075 60-89 days past due 131 995 - - 1,126 Greater than 90 days 954 - - - 954 $ 273,050 156,141 28,351 22,575 480,117
Summary of breakdown of outstanding loans by risk category	December 31, 2018 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 314,586 162,626 37,925 23,586 538,723 Special Mention 1,792 864 - 139 2,795 Substandard 4,565 2,447 - 97 7,109 Doubtful - - - - - Loss - - - - - $ 320,943 165,937 37,925 23,822 548,627 December 31, 2017 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 269,422 152,545 28,351 22,367 472,685 Special Mention 715 1,025 - 88 1,828 Substandard 2,913 2,571 - 120 5,604 Doubtful - - - - - Loss - - - - - $ 273,050 156,141 28,351 22,575 480,117

Troubled Debt Restructurings (T

Troubled Debt Restructurings (Tables)	12 Months Ended
	Dec. 31, 2018
Troubled Debt Restructurings [Abstract]
Summary of concession at the time of modification and the recorded investment in our TDRs before and after their modificatioN	For the year ended December 31, 2018 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Owner occupied RE 1 - - - 1 $ 506 $ 592 Non-owner occupied RE - 1 - - 1 1,287 1,287 Business 4 - - - 4 1,207 1,532 Consumer Real estate 2 - - - 2 549 669 Total loans 7 1 - - 8 $ 3,549 $ For the year ended December 31, 2017 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded concession payments only extensions of loans investment Investment Commercial Owner occupied RE 1 - - - 1 $ 254 $ 310 Non-owner occupied RE 1 - - - 1 976 976 Business 2 1 - - 3 591 600 Consumer Real estate 1 - - - 1 281 270 Home equity 1 1 - - 2 363 456 Total loans 6 2 - - 8 $ 2,465 $ 2,612

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property and Equipment [Abstract]
Components of property and equipment	December 31, (dollars in thousands) 2018 2017 Land $ 6,827 6,827 Buildings 24,064 23,990 Leasehold Improvements 2,899 2,220 Furniture and equipment 8,890 8,075 Software 329 306 Construction in process 281 40 43,290 41,458 Accumulated depreciation (10,860 ) (9,224 ) Total property and equipment $ 32,430 32,234
Schedule of estimated useful lives of property and equipment	Type of Asset Life in Years Software 3 Furniture and equipment 5 to 7 Leasehold improvements 5 to 15 Buildings 40

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2018
Other Real Estate Owned [Abstract]
Summary of activity of real estate acquired in settlement of loans portion of other real estate owned	For the year ended December 31, (dollars in thousands) 2018 2017 Balance, beginning of year $ 242 $ 639 Additions - 289 Sales (125 ) (501 ) Write-downs, net (117 ) (185 ) Balance, end of year $ - $ 242

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Schedule of detail in deposit accounts	December 31, (dollars in thousands) 2018 2017 Noninterest bearing $ 346,570 295,680 Interest bearing: NOW accounts 186,795 229,945 Money market accounts 730,765 545,029 Savings 15,486 16,298 Time, less than $100,000 63,073 55,461 Time, $100,000 and over 305,447 238,710 Total deposits $ 1,648,136 1,381,123
Scheduled maturities of certificates of deposit	(dollars in thousands) 2019 $ 241,771 2020 92,684 2021 24,513 2022 4,306 2023 and after 5,246 $ 368,520

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances and Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2018
Federal Home Loan Bank Advances and Other Borrowings [Abstract]
Summary of terms and maturities of advances of FHLB	December 31, (dollars in thousands) 2018 2017 Maturity Amount Rate Amount Rate January 30, 2018 $ - -% $ 5,000 4.06% December 31, 2018 - -% 30,000 1.59% December 31, 2019 25,000 2.65% - -% July 7, 2022 10,000 3.11% 10,000 3.11% July 7, 2023 15,000 3.53% 15,000 3.53% $ 50,000 3.01% $ 60,000 2.53%

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative Financial Instruments [Abstract]
Schedule of outstanding financial derivative instruments	December 31, 2018 Fair Value (dollars in thousands) Notional Balance Sheet Location Asset/(Liability) Mortgage loan interest rate lock commitments $ 20,552 Other assets $ 345 MBS forward sales commitments 11,750 Other liabilities (121 ) Total derivative financial instruments $ 32,302 $ 224 December 31, 2017 Fair Value Notional Balance Sheet Location Asset/(Liability) Mortgage loan interest rate lock commitments $ 15,430 Other assets $ 196 MBS forward sales commitments 10,750 Other liabilities (28 ) Total derivative financial instruments $ 26,180 $ 168

Fair Value Accounting (Tables)

Fair Value Accounting (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Accounting [Abstract]
Schedule of assets and liabilities measured at fair value on recurring basis	December 31, 2018 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,782 - 8,782 SBA securities - 3,525 - 3,525 State and political subdivisions - 8,356 - 8,356 Asset-backed securities - 9,558 - 9,558 Mortgage-backed securities - 44,684 - 44,684 Mortgage loans held for sale - 9,241 - 9,241 Mortgage loan interest rate lock commitments - 345 - 345 Total assets measured at fair value on a recurring basis $ - 84,491 - 84,491 Liabilities MBS forward sales commitments $ - 121 - 121 Total liabilities measured at fair value on a recurring basis $ - 121 - 121 December 31, 2017 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,653 - 8,653 SBA securities - 4,063 - 4,063 State and political subdivisions - 11,396 - 11,396 Mortgage-backed securities - 43,491 - 43,491 Mortgage loans held for sale - 11,790 - 11,790 Mortgage loan interest rate lock commitments - 196 - 196 Total assets measured at fair value on a recurring basis $ - 79,589 - 79,589 Liabilities MBS forward sales commitments $ - 28 - 28 Total liabilities measured at fair value on a recurring basis $ - 28 - 28
Schedule of assets and liabilities measured at fair value on nonrecurring basis	December 31, 2018 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 2,190 8,368 10,558 Total assets measured at fair value on a nonrecurring basis $ - 2,190 8,368 10,558 December 31, 2017 Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 2,685 6,084 8,769 Other real estate owned - 148 94 242 Total assets measured at fair value on a nonrecurring basis $ - 2,833 6,178 9,011
Schedule of unobservable inputs used in the fair value measurements	Valuation Technique Significant Unobservable Inputs Range of Inputs Impaired loans Appraised Value/ Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal 0-25% Other real estate owned Appraised Value/ Discounts to appraisals for estimated holding or selling costs
Schedule of estimated fair values of the Company's financial instruments	December 31, 2018 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Other investments, at cost $ 4,121 4,121 - - 4,121 Loans 1 1,648,998 1,618,618 - - 1,618,618 Financial Liabilities: Deposits 1,648,136 1,515,123 - 1,515,123 - FHLB and other borrowings 50,000 50,147 - 50,147 - Junior subordinated debentures 13,403 14,807 - 14,807 - December 31, 2017 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Other investments, at cost $ 4,462 4,462 - - 4,462 Loans 1 1,371,547 1,372,684 - 2,685 1,369,999 Financial Liabilities: Deposits 1,381,123 1,269,462 - 1,269,462 - FHLB and other borrowings 67,200 67,890 - 67,890 - Junior subordinated debentures 13,403 13,166 - 13,166 - 1 Carrying amount is net of the allowance for loan losses and previously presented impaired loans. In accordance with the prospective adoption of ASU No. 2016-01, the fair value of loans as of December 31, 2018 was measured using an exit price notion. The fair value of loans as of December 31, 2017 was measured using an entry price notion.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Common Share [Abstract]
Schedule of earnings per share calculation	. December 31, (dollars in thousands, except share data) 2018 2017 2016 Numerator: Net income $ 22,289 13,045 13,036 Net income available to common shareholders $ 22,289 13,045 13,036 Denominator: Weighted-average common shares outstanding - basic 7,384,200 7,005,703 6,318,322 Common stock equivalents 353,295 387,674 402,566 Weighted-average common shares outstanding - diluted 7,737,495 7,393,377 6,720,888 Earnings per common share: Basic $ 3.02 1.86 2.06 Diluted $ 2.88 1.76 1.94

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies [Abstract]
Summary of estimated future minimum lease payments under noncancelable operating leases	(dollars in thousands) For the years ended December 31, 2019 $ 2,048 2020 2,129 2021 2,181 2022 1,734 2023 1,278 Thereafter 6,378 $ 15,748

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Summary of components of income tax expense	For the years ended December 31, (dollars in thousands) 2018 2017 2016 Current income taxes: Federal $ 5,536 7,139 6,429 State 990 573 548 Total current tax expense 6,526 7,712 6,977 Deferred income tax expense (benefit) (125 ) 2,904 356 Income tax expense $ 6,401 10,616 7,333
Summary of taxes computed using the statutory tax rate	For the years ended December 31, (dollars in thousands) 2018 2017 2016 Tax expense at statutory rate $ 6,025 8,281 7,129 Effect of state income taxes, net of federal benefit 782 372 356 Exempt income (34 ) (146 ) (162 ) Effect of change in federal tax rate - 2,441 - Effect of stock-based compensation (248 ) (2 ) 160 Other (124 ) (330 ) (150 ) Income tax expense $ 6,401 10,616 7,333
Summary of components of the deferred tax assets and liabilities	December 31, (dollars in thousands) 2018 2017 Deferred tax assets: Allowance for loan losses $ 3,310 3,260 Unrealized loss on securities available for sale 244 121 Net deferred loan fees 592 480 Deferred compensation 1,280 1,124 Sale of real estate owned 128 104 Accrued expenses - 16 Other 130 136 5,684 5,241 Deferred tax liabilities: Property and equipment 1,433 1,208 Hedging transactions 112 88 Prepaid expenses 107 99 Other 12 64 1,664 1,459 Net deferred tax asset $ 4,020 3,782

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Summary of loan transactions with directors and executive officers, including their affiliates	For the years ended December 31, (dollars in thousands) 2018 2017 Balance, beginning of year $ 15,276 14,825 New loans 5,686 6,843 Less loan payments (6,993 ) (6,392 ) Balance, end of year $ 13,969 15,276

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Schedule of stock-based compensation expense	For the yea rs ended December 31, (dollars in thousands) 2018 2017 2016 Stock option expense $ 1,183 959 746 Restricted stock grant expense 319 299 286 Total stock-based compensation expense $ 1,502 1,258 1,032
Summary of the status of the stock option plan and changes	F or the years ended December 31, 2018 2017 2016 Weighted Weighted Weighted Weighted Average Weighted Average Weighted Average average Remaining average Remaining average Remaining exercise Contractual exercise Contractual exercise Contractual Shares price Life Shares price Life Shares price Life Outstanding at beginning of year 662,841 $ 15.70 642,203 $ 11.77 693,954 $ 8.94 Granted 93,200 43.32 110,950 35.34 109,500 23.65 Exercised (105,630 ) 8.51 (74,437 ) 9.48 (152,751 ) 7.19 Forfeited or expired (3,600 ) 40.03 (15,875 ) 23.49 (8,500 ) 15.69 Outstanding at end of year 646,811 $ 20.71 5.6 years 662,841 $ 15.70 5.6 years 642,203 $ 11.77 5.9 years Options exercisable at year-end 404,851 $ 12.58 4.0 years 419,766 $ 9.20 4.1 years 399,256 $ 7.62 4.4 years Weighted average fair value of options granted during the year $ 16.83 $ 14.14 $ 10.96 Shares available for grant 270,090 359,690 454,765
Schedule of assumptions used	2018 2017 2016 Dividend yield - - - Expected life 7 years 7 years 7 years Expected volatility 32.08% 34.63% 43.22% Risk-free interest rate 2.50% 2.04% 1.65%
Summary of the status of the Company's nonvested restricted stock and changes	December 31, 2018 2017 2016 Weighted Weighted Weighted Average Average Average Restricted Grant-Date Restricted Grant-Date Restricted Grant-Date Shares Fair Value Shares Fair Value Shares Fair Value Nonvested at beginning of year 25,000 $ 26.43 36,125 $ 20.13 33,749 $ 12.92 Granted 13,000 42.87 6,500 35.14 22,000 23.91 Vested (8,375 ) 25.17 (17,625 ) 16.73 (17,749 ) 11.68 Forfeited - - - - (1,875 ) 14.72 Nonvested at end of year 29,625 $ 34.00 25,000 $ 26.43 36,125 $ 20.13

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2018
Regulatory Matters [Abstract]
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements	To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2018 The Bank Total Capital (to risk weighted assets) $ 198,195 12.16% $ 130,368 8.00% $ 162,960 10.00% Tier 1 Capital (to risk weighted assets) 182,433 11.20% 97,776 6.00% 130,368 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 182,433 11.20% 73,332 4.50% 105,924 6.50% Tier 1 Capital (to average assets) 182,433 9.84% 74,126 4.00% 92,658 5.00% The Company Total Capital (to risk weighted assets) 203,595 12.49% 130,368 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 187,833 11.53% 97,776 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 174,833 10.73% 73,332 4.50% n/a n/a Tier 1 Capital (to average assets) 187,833 10.14% 74,126 4.00% n/a n/a To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2017 The Bank Total Capital (to risk weighted assets) $ 175,016 12.99% $ 107,749 8.00% $ 134,686 10.00% Tier 1 Capital (to risk weighted assets) 159,493 11.84% 80,812 6.00% 107,749 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 159,493 11.84% 60,609 4.50% 87,546 6.50% Tier 1 Capital (to average assets) 159,493 10.04% 63,573 4.00% 79,466 5.00% The Company Total Capital (to risk weighted assets) 178,665 13.27% 107,749 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 163,142 12.11% 80,812 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 150,142 11.15% 60,609 4.50% n/a n/a Tier 1 Capital (to average assets) 163,142 10.26% 63,573 4.00% n/a n/a

Reportable Segments (Tables)

Reportable Segments (Tables)	12 Months Ended
	Dec. 31, 2018
Reportable Segments [Abstract]
Schedule of financial information for each reportable segment	Year ended December 31, 2018 Commercial and Retail Mortgage (dollars in thousands) Banking Banking Corporate Eliminations Consolidated Interest income $ 76,282 375 9 (9 ) 76,657 Interest expense 15,922 - 592 (9 ) 16,505 Net interest income (loss) 60,360 375 (583 ) - 60,152 Provision for loan losses 1,900 - - - 1,900 Noninterest income 4,657 5,544 - - 10,201 Noninterest expense 35,371 4,152 240 - 39,763 Net income (loss) before taxes 27,746 1,767 (823 ) - 28,690 Income tax provision (benefit) 6,185 389 (173 ) - 6,401 Net income (loss) $ 21,561 1,378 (650 ) - 22,289 Total assets $ ) Year ended December 31, 2017 Commercial and Retail Mortgage Banking Banking Corporate Eliminations Consolidated Interest income $ 60,895 314 11 (11 ) 61,209 Interest expense 9,830 - 514 (11 ) 10,333 Net interest income (loss) 51,065 314 (503 ) - 50,876 Provision for loan losses 2,000 - - - 2,000 Noninterest income 4,185 5,152 - - 9,337 Noninterest expense 30,568 3,738 246 - 34,552 Net income (loss) before taxes 22,682 1,728 (749 ) - 23,661 Income tax expense (benefit) 10,239 639 (262 ) - 10,616 Net income (loss) $ 12,443 1,089 (487 ) - 13,045 Total assets $ 1,615,960 8,230 163,095 (162,660 ) 1,624,625

Parent Company Financial Info_2

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Information [Abstract]
Schedule of condensed financial information of Southern First Bancshares, Inc. (parent company only)	Condensed Balance Sheets December 31, (dollars in thousands) 2018 2017 Assets Cash and cash equivalents $ 5,389 3,623 Investment in subsidiaries 181,919 159,440 Other assets 19 32 Total assets $ 187,327 163,095 Liabilities and Shareholders’ Equity Accounts payable and accrued expenses $ 8 6 Junior subordinated debentures 13,403 13,403 Shareholders’ equity 173,916 149,686 Total liabilities and shareholders’ equity $ 187,327 163,095 Condensed Statements of Income For the years ended December 31, (dollars in thousands) 2018 2017 2016 Revenues Interest income $ 9 11 2 Total revenue 9 11 2 Expenses Interest expense 592 514 402 Other expenses 240 246 243 Total expenses 832 760 645 Income tax benefit 173 262 172 Loss before equity in undistributed net income of subsidiaries (650 ) (487 ) (471 ) Equity in undistributed net income of subsidiaries 22,939 13,532 13,507 Net income $ 22,289 Condensed Statements of Cash Flows For the years ended December 31, (dollars in thousands) 2018 2017 2016 Operating activities Net income $ 22,289 Adjustments to reconcile net income to cash provided by (used for) operating activities Equity in undistributed net income of subsidiaries (22,939 ) (13,532 ) (13,507 ) Compensation expense related to stock options and restricted stock grants 1,502 1,258 1,998 (Increase) decrease in other assets 12 2,772 (449 ) Increase (decrease) in accounts payable and accrued expenses 2 2 (1 ) Net cash provided by operating activities 866 3,545 1,077 Investing activities Investment in subsidiaries, net - (27,334 ) (668 ) Net cash used for investing activities - (27,334 ) (668 ) Financing activities Issuance of common stock - 24,758 - Proceeds from the exercise of stock options and warrants 900 705 1,098 Net cash provided by financing activities 900 25,463 1,098 Net increase (decrease) in cash and cash equivalents 1,766 1,674 1,507 Cash and cash equivalents, beginning of year 3,623 1,949 442 Cash and cash equivalents, end of year $ 5,389

Selected Condensed Quarterly _2

Selected Condensed Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Selected Condensed Quarterly Financial Data (Unaudited) [Abstract]
Summary of selected quarterly financial information	2018 For the quarters ended (dollars in thousands, except share data) March 31 June 30 September 30 December 31 Interest income $ 17,178 18,535 19,865 21,079 Interest expense 3,136 3,923 4,364 5,082 Net interest income 14,042 14,612 15,501 15,997 Provision for loan losses 500 400 400 600 Noninterest income 2,420 2,771 2,533 2,477 Noninterest expenses 9,205 9,979 10,188 10,391 Income before income tax expense 6,757 7,004 7,446 7,483 Income tax expense 1,543 1,494 1,664 1,700 Net income available to common shareholders $ 5,214 5,510 5,782 5,783 Earnings per common share Basic $ 0.71 0.75 0.78 0.78 Diluted $ 0.67 0.71 0.75 0.75 Weighted average common shares outstanding Basic 7,336,839 7,370,709 7,400,174 7,427,902 Diluted 7,726,885 7,751,146 7,746,205 7,725,661 2017 For the quarters ended March 31 June 30 September 30 December 31 Interest income $ 13,959 14,931 15,955 16,364 Interest expense 2,352 2,579 2,646 2,756 Net interest income 11,607 12,352 13,309 13,608 Provision for loan losses 500 500 500 500 Noninterest income 2,051 2,563 2,542 2,181 Noninterest expenses 8,360 8,763 8,806 8,623 Income before income tax expense 4,798 5,652 6,545 6,666 Income tax expense 1,687 2,048 2,295 4,586 Net income available to common shareholders $ 3,111 3,604 4,250 2,080 Earnings per common share Basic $ 0.48 0.52 0.58 0.28 Diluted $ 0.45 0.49 0.55 0.27 Weighted average common shares outstanding Basic 6,437,231 6,986,948 7,281,594 7,304,478 Diluted 6,829,590 7,366,208 7,668,476 7,696,684

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Activities (Details) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 22, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of Significant Accounting Policies and Activities (Textual)
Real estate loan percentage of total loan		82.30%	82.10%
Investment in trusts		$ 403,000
Description of tax	The Tax Act was signed into law and includes numerous provisions that impact the Company, most notably a reduction in the corporate tax rate from the maximum rate of 35% to a flat rate of 21%.
Future minimum lease payments		15,700,000
Incremental income tax expense		(248,000)	$ (2,000)	$ 160,000
Lease liabilities		18,500,000
Right-of-use assets		18,500,000
Cash and cash equivalents		$ 4,900,000	$ 7,300,000
Fourth quarter of 2017 [Member]
Summary of Significant Accounting Policies and Activities (Textual)
Incremental income tax expense	$ 2,400,000

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Available for sale
Total investment securities available for sale, Amortized Cost	$ 76,065	$ 68,181
Total investment securities available for sale, Gross Unrealized Gains	174	185
Total investment securities available for sale, Gross Unrealized Losses	1,334	763
Available-for-sale securities, investment securities, Fair Value	74,905	67,603
US government agencies [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	8,975	8,749
Total investment securities available for sale, Gross Unrealized Gains	1	1
Total investment securities available for sale, Gross Unrealized Losses	194	97
Available-for-sale securities, investment securities, Fair Value	8,782	8,653
SBA securities [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	3,628	4,087
Total investment securities available for sale, Gross Unrealized Gains
Total investment securities available for sale, Gross Unrealized Losses	103	24
Available-for-sale securities, investment securities, Fair Value	3,525	4,063
State and political subdivisions [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	8,371	11,242
Total investment securities available for sale, Gross Unrealized Gains	48	179
Total investment securities available for sale, Gross Unrealized Losses	63	25
Available-for-sale securities, investment securities, Fair Value	8,356	11,396
Asset-backed securities [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	9,595
Total investment securities available for sale, Gross Unrealized Gains	12
Total investment securities available for sale, Gross Unrealized Losses	49
Available-for-sale securities, investment securities, Fair Value	9,558
Mortgage-backed securities [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	45,496	44,103
Total investment securities available for sale, Gross Unrealized Gains	113	5
Total investment securities available for sale, Gross Unrealized Losses	925	617
Available-for-sale securities, investment securities, Fair Value	44,684	43,491
Mortgage-backed securities [Member] | FHLMC [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	12,258	9,102
Total investment securities available for sale, Gross Unrealized Gains	87
Total investment securities available for sale, Gross Unrealized Losses	242	149
Available-for-sale securities, investment securities, Fair Value	12,103	8,953
Mortgage-backed securities [Member] | FNMA [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	29,068	29,383
Total investment securities available for sale, Gross Unrealized Gains	25	3
Total investment securities available for sale, Gross Unrealized Losses	551	386
Available-for-sale securities, investment securities, Fair Value	28,542	29,000
Mortgage-backed securities [Member] | GNMA [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	4,170	5,618
Total investment securities available for sale, Gross Unrealized Gains	1	2
Total investment securities available for sale, Gross Unrealized Losses	132	82
Available-for-sale securities, investment securities, Fair Value	$ 4,039	$ 5,538

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Summary of amortized costs and fair values of investment securities available for sale by contractual maturity
Due within one year, Amortized Cost		$ 1,435
Due after one through five years, Amortized Cost	8,681	2,677
Due after five through ten years, Amortized Cost	22,796	24,796
Due after ten years, Amortized Cost	44,588	39,273
Available for sale, Amortized Cost	76,065	68,181
Due within one year, Fair Value		1,427
Due after one through five years, Fair Value	8,578	2,666
Due after five through ten years, Fair Value	22,379	24,645
Due after ten years, Fair Value	43,948	38,865
Available for sale, Fair Value	$ 74,905	$ 67,603

Investment Securities (Detail_2

Investment Securities (Details 2) $ in Thousands	Dec. 31, 2018USD ($)Investments	Dec. 31, 2017USD ($)Investments
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments	8	25
Available-for-sale Securities, Less than 12 months, Fair Value	$ 11,746	$ 27,846
Available-for-sale Securities, Less than 12 months, Unrealized losses	$ 64	$ 245
Number of investments, 12 months or longer | Investments	53	28
Available-for-sale Securities, 12 months or longer, Fair Value	$ 46,524	$ 27,511
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 1,270	$ 518
Number of investments, Total | Investments	61	53
Available-for-sale Securities, Fair Value, Total	$ 58,270	$ 55,357
Available-for-sale Securities, Unrealized Losses, Total	$ 1,334	$ 763
US government agencies [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments	1	5
Available-for-sale Securities, Less than 12 months, Fair Value	$ 1,246	$ 4,184
Available-for-sale Securities, Less than 12 months, Unrealized losses	$ 3	$ 22
Number of investments, 12 months or longer | Investments	8	4
Available-for-sale Securities, 12 months or longer, Fair Value	$ 7,035	$ 3,968
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 191	$ 75
Number of investments, Total | Investments	9	9
Available-for-sale Securities, Fair Value, Total	$ 8,281	$ 8,152
Available-for-sale Securities, Unrealized Losses, Total	$ 194	$ 97
SBA securities [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments		1
Available-for-sale Securities, Less than 12 months, Fair Value		$ 2,936
Available-for-sale Securities, Less than 12 months, Unrealized losses		$ 13
Number of investments, 12 months or longer | Investments	2	1
Available-for-sale Securities, 12 months or longer, Fair Value	$ 3,525	$ 1,127
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 103	$ 11
Number of investments, Total | Investments	2	2
Available-for-sale Securities, Fair Value, Total	$ 3,525	$ 4,063
Available-for-sale Securities, Unrealized Losses, Total	$ 103	$ 24
State and political subdivisions [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments		3
Available-for-sale Securities, Less than 12 months, Fair Value		$ 1,214
Available-for-sale Securities, Less than 12 months, Unrealized losses		$ 9
Number of investments, 12 months or longer | Investments	7	2
Available-for-sale Securities, 12 months or longer, Fair Value	$ 2,829	$ 792
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 63	$ 16
Number of investments, Total | Investments	7	5
Available-for-sale Securities, Fair Value, Total	$ 2,829	$ 2,006
Available-for-sale Securities, Unrealized Losses, Total	$ 63	$ 25
Asset-backed [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments	4
Available-for-sale Securities, Less than 12 months, Fair Value	$ 6,707
Available-for-sale Securities, Less than 12 months, Unrealized losses	$ 49
Number of investments, 12 months or longer | Investments
Available-for-sale Securities, 12 months or longer, Fair Value
Available-for-sale Securities, 12 months or Longer, Unrealized losses
Number of investments, Total | Investments	4
Available-for-sale Securities, Fair Value, Total	$ 6,707
Available-for-sale Securities, Unrealized Losses, Total	$ 49
Mortgage-backed [Member] | FHLMC [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments		3
Available-for-sale Securities, Less than 12 months, Fair Value		$ 2,897
Available-for-sale Securities, Less than 12 months, Unrealized losses		$ 26
Number of investments, 12 months or longer | Investments	10	7
Available-for-sale Securities, 12 months or longer, Fair Value	$ 7,402	$ 6,056
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 242	$ 123
Number of investments, Total | Investments	10	10
Available-for-sale Securities, Fair Value, Total	$ 7,402	$ 8,953
Available-for-sale Securities, Unrealized Losses, Total	$ 242	$ 149
Mortgage-backed [Member] | FNMA [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments	2	11
Available-for-sale Securities, Less than 12 months, Fair Value	$ 2,689	$ 14,345
Available-for-sale Securities, Less than 12 months, Unrealized losses	$ 6	$ 135
Number of investments, 12 months or longer | Investments	23	13
Available-for-sale Securities, 12 months or longer, Fair Value	$ 22,814	$ 14,597
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 545	$ 251
Number of investments, Total | Investments	25	24
Available-for-sale Securities, Fair Value, Total	$ 25,503	$ 29,940
Available-for-sale Securities, Unrealized Losses, Total	$ 551	$ 386
Mortgage-backed [Member] | GNMA [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investments	1	2
Available-for-sale Securities, Less than 12 months, Fair Value	$ 1,104	$ 2,270
Available-for-sale Securities, Less than 12 months, Unrealized losses	$ 6	$ 40
Number of investments, 12 months or longer | Investments	3	1
Available-for-sale Securities, 12 months or longer, Fair Value	$ 2,919	$ 971
Available-for-sale Securities, 12 months or Longer, Unrealized losses	$ 126	$ 42
Number of investments, Total | Investments	4	3
Available-for-sale Securities, Fair Value, Total	$ 4,023	$ 2,243
Available-for-sale Securities, Unrealized Losses, Total	$ 132	$ 82

Investment Securities (Detail_3

Investment Securities (Details 3) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Other investments
Federal Home Loan Bank stock	$ 3,587	$ 3,754
Other investments	131	305
Investment in Trust Preferred subsidiaries	403	403
Total other investments	$ 4,121	$ 4,462

Investment Securities (Detail_4

Investment Securities (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Investments	Dec. 31, 2017USD ($)Investments	Dec. 31, 2016USD ($)
Investment Securities (Textual)
Gain on sale of investment securities	$ 7	$ 4	$ 431
Number of investments, Less than 12 months | Investments	8	25
Fair market value, less than 12 months	$ 11,700
Number of investments, 12 months or longer | Investments	53	28
Fair market value,12 months or longer	$ 46,500
Securities pledged as collateral for repurchase agreements from brokers		$ 7,700

Mortgage Loans Held for Sale (D

Mortgage Loans Held for Sale (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Mortgage Loans Held for Sale (Textual)
Mortgage loans held for sale, fair value	$ 9.2	$ 11.8

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 1,677,332	$ 1,387,070
Less - allowance for loan losses	(15,762)	(15,523)
Total loans, net	$ 1,661,570	$ 1,371,547
Total gross loans, net of deferred fees, (Percentage)	100.00%	100.00%
Commercial [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 1,128,705	$ 906,953
Total gross loans, net of deferred fees, (Percentage)	67.30%	65.40%
Commercial [Member] | Owner occupied RE [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 367,018	$ 316,818
Total gross loans, net of deferred fees, (Percentage)	21.90%	22.80%
Commercial [Member] | Non-owner occupied RE [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 404,296	$ 312,798
Total gross loans, net of deferred fees, (Percentage)	24.10%	22.60%
Commercial [Member] | Business [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 272,980	$ 226,158
Total gross loans, net of deferred fees, (Percentage)	16.30%	16.30%
Commercial [Member] | Construction [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 84,411	$ 51,179
Total gross loans, net of deferred fees, (Percentage)	5.00%	3.70%
Consumer [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 548,627	$ 480,117
Total gross loans, net of deferred fees, (Percentage)	32.70%	34.60%
Consumer [Member] | Other [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 23,822	$ 22,575
Total gross loans, net of deferred fees, (Percentage)	1.40%	1.60%
Consumer [Member] | Real estate [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 320,943	$ 273,050
Total gross loans, net of deferred fees, (Percentage)	19.10%	19.70%
Consumer [Member] | Home equity [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 165,937	$ 156,141
Total gross loans, net of deferred fees, (Percentage)	9.90%	11.30%
Consumer [Member] | Construction [Member]
Composition of loan portfolio
Total gross loans, net of deferred fees	$ 37,925	$ 28,351
Total gross loans, net of deferred fees, (Percentage)	2.30%	2.00%

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses (Details 1) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Composition of gross loans by rate type
Variable rate loans	$ 402,148	$ 349,493
Fixed rate loans	1,275,184	1,037,577
Total gross loans, net of deferred fees	$ 1,677,332	$ 1,387,070

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses (Details 2) - Commercial [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	$ 1,128,472	$ 905,335
30-59 days past due	153	545
60-89 days past due
Greater than 90 days	80	1,073
Total commercial loans	1,128,705	906,953
Owner occupied RE [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	367,018	316,818
30-59 days past due
60-89 days past due
Greater than 90 days
Total commercial loans	367,018	316,818
Non-owner occupied RE [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	404,179	312,477
30-59 days past due	117	129
60-89 days past due
Greater than 90 days		192
Total commercial loans	404,296	312,798
Construction [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	84,411	51,179
30-59 days past due
60-89 days past due
Greater than 90 days
Total commercial loans	84,411	51,179
Business [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	272,864	224,861
30-59 days past due	36	416
60-89 days past due
Greater than 90 days	80	881
Total commercial loans	$ 272,980	$ 226,158

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses (Details 3) - Commercial Loans [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	$ 1,128,705	$ 906,953
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	1,115,196	886,501
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	3,385	9,392
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	10,124	11,060
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Owner occupied RE [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	367,018	316,818
Owner occupied RE [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	363,621	312,628
Owner occupied RE [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	296	1,770
Owner occupied RE [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	3,101	2,420
Owner occupied RE [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Non-owner occupied RE [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	404,296	312,798
Non-owner occupied RE [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	400,266	306,965
Non-owner occupied RE [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	118	2,082
Non-owner occupied RE [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	3,912	3,751
Non-owner occupied RE [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	84,411	51,179
Construction Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	84,411	51,179
Construction Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Construction Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Construction Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans
Business [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	272,980	226,158
Business [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	266,898	215,729
Business [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	2,971	5,540
Business [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans	3,111	4,889
Business [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Outstanding commercial loans

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses (Details 4) - Consumer loans [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	$ 544,522	$ 476,962
30-59 days past due	2,691	1,075
60-89 days past due	1,036	1,126
Greater than 90 days	378	954
Total consumer loans	548,627	480,117
Other [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	23,603	22,506
30-59 days past due	106	69
60-89 days past due	113
Greater than 90 days
Total consumer loans	23,822	22,575
Real estate [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	317,267	271,284
30-59 days past due	2,555	681
60-89 days past due	923	131
Greater than 90 days	198	954
Total consumer loans	320,943	273,050
Home equity [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	165,727	154,821
30-59 days past due	30	325
60-89 days past due		995
Greater than 90 days	180
Total consumer loans	165,937	156,141
Construction [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual status
Current	37,925	28,351
30-59 days past due
60-89 days past due
Greater than 90 days
Total consumer loans	$ 37,925	$ 28,351

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses (Details 5) - Consumer loans [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	$ 548,627	$ 480,117
Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	23,822	22,575
Pass [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	538,723	472,685
Pass [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	23,586	22,367
Substandard [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	7,109	5,604
Substandard [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	97	120
Doubtful [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Doubtful [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Special Mention [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	2,795	1,828
Special Mention [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	139	88
Loss [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	320,943	273,050
Real estate [Member] | Pass [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	314,586	269,422
Real estate [Member] | Substandard [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	4,565	2,913
Real estate [Member] | Doubtful [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Real estate [Member] | Special Mention [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	1,792	715
Real estate [Member] | Loss [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	165,937	156,141
Home equity [Member] | Pass [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	162,626	152,545
Home equity [Member] | Substandard [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	2,447	2,571
Home equity [Member] | Doubtful [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Home equity [Member] | Special Mention [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	864	1,025
Home equity [Member] | Loss [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	37,925	28,351
Construction [Member] | Pass [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	37,925	28,351
Construction [Member] | Substandard [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Construction [Member] | Doubtful [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Construction [Member] | Special Mention [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Construction [Member] | Loss [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses (Details 6) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	$ 2,541	$ 2,673
Total nonaccrual loans, including nonaccruing TDRs	5,830	7,301
Other real estate owned		242	$ 639
Total nonperforming assets	$ 5,830	$ 7,543
Nonperforming assets as a percentage of:
Total assets	0.31%	0.46%
Gross loans	0.35%	0.54%
Total loans over 90 days past due	$ 458	$ 2,027
Loans over 90 days past due and still accruing
Accruing TDRs	6,742	5,145
Commercial [Member] | Construction [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings
Commercial [Member] | Owner occupied RE [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings
Commercial [Member] | Non-owner occupied RE [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	210	1,581
Commercial [Member] | Business [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	81	910
Consumer [Member] | Real estate [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	1,980	992
Consumer [Member] | Home equity [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	1,006	1,144
Consumer [Member] | Construction [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings
Consumer [Member] | Other [Member]
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	$ 12	$ 1

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses (Details 7) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Summary of key information for impaired loans
Unpaid Principal Balance	$ 14,991	$ 17,086
Impaired loans	12,572	12,446
Impaired loans with related allowance for loan losses	6,228	7,990
Related allowance for loan losses	2,014	3,677
Commercial [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	9,893	12,843
Impaired loans	8,089	8,664
Impaired loans with related allowance for loan losses	4,660	5,103
Related allowance for loan losses	1,528	1,990
Commercial [Member] | Owner occupied RE [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	2,827	2,281
Impaired loans	2,762	2,235
Impaired loans with related allowance for loan losses	451	464
Related allowance for loan losses	75	179
Commercial [Member] | Business [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	3,745	3,735
Impaired loans	2,520	2,764
Impaired loans with related allowance for loan losses	2,005	1,993
Related allowance for loan losses	895	1,061
Commercial [Member] | Non-owner occupied RE [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	3,321	6,827
Impaired loans	2,807	3,665
Impaired loans with related allowance for loan losses	2,204	2,646
Related allowance for loan losses	558	750
Commercial [Member] | Construction [Member]
Summary of key information for impaired loans
Unpaid Principal Balance
Impaired loans
Impaired loans with related allowance for loan losses
Related allowance for loan losses
Consumer [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	5,098	4,243
Impaired loans	4,483	3,782
Impaired loans with related allowance for loan losses	1,568	2,887
Related allowance for loan losses	486	1,687
Consumer [Member] | Other [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	170	171
Impaired loans	170	170
Impaired loans with related allowance for loan losses	170	170
Related allowance for loan losses	30	22
Consumer [Member] | Real estate [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	2,993	2,062
Impaired loans	2,892	2,037
Impaired loans with related allowance for loan losses	1,398	2,037
Related allowance for loan losses	456	1,379
Consumer [Member] | Home equity [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	1,935	2,010
Impaired loans	1,421	1,575
Impaired loans with related allowance for loan losses		680
Related allowance for loan losses		286
Consumer [Member] | Construction [Member]
Summary of key information for impaired loans
Unpaid Principal Balance
Impaired loans
Impaired loans with related allowance for loan losses
Related allowance for loan losses

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses (Details 8) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	$ 13,084	$ 13,019	$ 11,556
Recognized interest income	733	637	536
Commercial [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	8,527	9,222	9,242
Recognized interest income	478	465	447
Commercial [Member] | Owner occupied RE [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	2,784	2,255	2,263
Recognized interest income	142	104	112
Commercial [Member] | Non-owner occupied RE [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	2,860	4,144	4,106
Recognized interest income	174	199	200
Commercial [Member] | Business [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	2,883	2,823	2,873
Recognized interest income	162	162	135
Commercial [Member] | Construction [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment
Recognized interest income
Consumer [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	4,557	3,797	2,314
Recognized interest income	255	172	89
Consumer [Member] | Other [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	174	174	203
Recognized interest income	5	6	6
Consumer [Member] | Real estate [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	2,930	2,047	1,854
Recognized interest income	151	69	81
Consumer [Member] | Home equity [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	1,453	1,576	257
Recognized interest income	99	97	2
Consumer [Member] | Construction [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment
Recognized interest income

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses (Details 9) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Balance, beginning of period	$ 15,523	$ 14,855	$ 13,629
Provision for loan losses	1,900	2,000	2,300
Total loan charge-offs	(2,146)	(1,638)	(1,648)
Loan recoveries	485	306	574
Net loan charge-offs	(1,661)	(1,332)	(1,074)
Balance, end of period	15,762	15,523	14,855
Commercial [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Balance, beginning of period	9,937	10,039
Total loan charge-offs	(1,127)	(1,227)	(1,178)
Loan recoveries	361	205	558
Balance, end of period	10,768	9,937	10,039
Commercial [Member] | Owner occupied RE [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs			(5)
Loan recoveries
Commercial [Member] | Non-owner occupied RE [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs	(432)	(589)	(100)
Loan recoveries	132	119	155
Commercial [Member] | Business [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs	(695)	(638)	(1,031)
Loan recoveries	229	86	403
Commercial [Member] | Construction [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs			(42)
Loan recoveries
Consumer [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Balance, beginning of period	5,586	4,816
Total loan charge-offs	(1,019)	(411)	(470)
Loan recoveries	124	101	16
Balance, end of period	4,994	5,586	4,816
Consumer [Member] | Other [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs	(53)	(11)	(210)
Loan recoveries	4	2	5
Consumer [Member] | Real estate [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs	(749)		(194)
Loan recoveries	5	86	10
Consumer [Member] | Home equity [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs	(217)	(400)	(66)
Loan recoveries	115	13	1
Consumer [Member] | Construction [Member]
Financing Receivable, Allowance For Credit Losses [Roll Forward]
Total loan charge-offs
Loan recoveries

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses (Details 10) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of activity related to our allowance for loan losses
Balance, beginning of period	$ 15,523	$ 14,855	$ 13,629
Provision	1,900	2,000	2,300
Loan charge-offs	(2,146)	(1,638)	(1,648)
Loan recoveries	485	306	574
Net loan charge-offs	(1,661)	(1,332)	(1,074)
Balance, end of period	15,762	15,523	14,855
Commercial [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period	9,937	10,039
Provision	1,597	920
Loan charge-offs	(1,127)	(1,227)
Loan recoveries	361	205
Net loan charge-offs	(766)	(1,022)
Balance, end of period	10,768	9,937	10,039
Consumer [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period	5,586	4,816
Provision	303	1,080
Loan charge-offs	(1,019)	(411)
Loan recoveries	124	101
Net loan charge-offs	(895)	(310)
Balance, end of period	4,994	5,586	4,816
Unallocated [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period
Provision
Loan charge-offs
Loan recoveries
Net loan charge-offs
Balance, end of period

Loans and Allowance for Loan_14

Loans and Allowance for Loan Losses (Details 11) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	$ 2,014	$ 3,677
Recorded investment in loans, Individually evaluated	12,572	12,446
Allowance for loan losses, Collectively evaluated	13,748	11,846
Recorded investment in loans, Collectively evaluated	1,664,760	1,374,624
Allowance for loan losses, Total	15,762	15,523	$ 14,855	$ 13,629
Recorded investment in loans, Total	1,677,332	1,387,070
Commercial Loan [Member]
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	1,528	1,990
Recorded investment in loans, Individually evaluated	8,089	8,664
Allowance for loan losses, Collectively evaluated	9,240	7,947
Recorded investment in loans, Collectively evaluated	1,120,616	898,289
Allowance for loan losses, Total	10,768	9,937	10,039
Recorded investment in loans, Total	1,128,705	906,953
Consumer Loan [Member]
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	486	1,687
Recorded investment in loans, Individually evaluated	4,483	3,782
Allowance for loan losses, Collectively evaluated	4,508	3,899
Recorded investment in loans, Collectively evaluated	544,144	476,335
Allowance for loan losses, Total	4,994	5,586	$ 4,816
Recorded investment in loans, Total	$ 548,627	$ 480,117

Loans and Allowance for Loan_15

Loans and Allowance for Loan Losses (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loans and Allowance for Loan Losses (Textual)
Part of loans of 30 days or more past due as a percentage of total loan portfolio	0.26%	0.34%
Loans over 90 days past due and still accruing
Real estate loan percentage of total loan	82.30%	82.10%
Consumer loans percentage of total real estate loan	38.00%
Mortgage loan pledged as collateral for advances from FHLB	$ 597,600
Foregone interest income on non accrual loans	$ 53	$ 309
Commercial loans percentage of total loan portfolio	62.00%
Net of deferred loan fees and costs	$ 2,800	$ 2,300
Owner occupied RE [Member]
Loans and Allowance for Loan Losses (Textual)
Commercial loans percentage of total loan portfolio	21.90%
Non-owner occupied RE [Member]
Loans and Allowance for Loan Losses (Textual)
Commercial loans percentage of total loan portfolio	24.10%
Construction [Member]
Loans and Allowance for Loan Losses (Textual)
Commercial loans percentage of total loan portfolio	5.00%
Commercial [Member]
Loans and Allowance for Loan Losses (Textual)
Part of loans of 30 days or more past due as a percentage of total loan portfolio	0.01%	0.12%
Consumer [Member]
Loans and Allowance for Loan Losses (Textual)
Part of loans of 30 days or more past due as a percentage of total loan portfolio	0.25%	0.23%

Troubled Debt Restructurings (D

Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Investments	Dec. 31, 2017USD ($)Investments
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession	7	6
Reduced or deferred payments	1	2
Converted to interest only
Maturity date extensions
Total number of loans	8	8
Pre-modification outstanding recorded investment | $	$ 3,549	$ 2,465
Post-modification outstanding recorded investment | $	$ 4,080	$ 2,612
Commercial [Member] | Owner occupied RE [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession	1	1
Reduced or deferred payments
Converted to interest only
Maturity date extensions
Total number of loans	1	1
Pre-modification outstanding recorded investment | $	$ 506	$ 254
Post-modification outstanding recorded investment | $	$ 592	$ 310
Commercial [Member] | Non-owner occupied RE [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession		1
Reduced or deferred payments	1
Converted to interest only
Maturity date extensions
Total number of loans	1	1
Pre-modification outstanding recorded investment | $	$ 1,287	$ 976
Post-modification outstanding recorded investment | $	$ 1,287	$ 976
Commercial [Member] | Business [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession	4	2
Reduced or deferred payments		1
Converted to interest only
Maturity date extensions
Total number of loans	4	3
Pre-modification outstanding recorded investment | $	$ 1,207	$ 591
Post-modification outstanding recorded investment | $	$ 1,532	$ 600
Consumer [Member] | Real estate [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession	2	1
Reduced or deferred payments
Converted to interest only
Maturity date extensions
Total number of loans	2	1
Pre-modification outstanding recorded investment | $	$ 549	$ 281
Post-modification outstanding recorded investment | $	$ 669	$ 270
Consumer [Member] | Home equity [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed a concession		1
Reduced or deferred payments		1
Converted to interest only
Maturity date extensions
Total number of loans		2
Pre-modification outstanding recorded investment | $		$ 363
Post-modification outstanding recorded investment | $		$ 456

Troubled Debt Restructurings _2

Troubled Debt Restructurings (Details Textual) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)Investments	Dec. 31, 2017USD ($)Investments
Troubled Debt Restructurings (Textual)
Total number of loans classified under troubled debt restructurings (TDRs)	26	21
Total sum of loans classified as troubled debt restructurings (TDRs) | $	$ 9.3	$ 7.8
Total number of loans removed under TDR	0
Number of months previous loan payment defaulted	12 months	12 months
Commercial [Member]
Troubled Debt Restructurings (Textual)
Total number of loans added under troubled debt restructurings (TDRs)	6
Total sum of loans added as troubled debt restructurings (TDRs) | $	$ 3.5
Total number of loans removed under TDR	1
Total number of nonaccrual loans restored	5
Consumer [Member]
Troubled Debt Restructurings (Textual)
Total number of loans added under troubled debt restructurings (TDRs)	2
Total sum of loans added as troubled debt restructurings (TDRs) | $	$ 3.5
Total number of loans removed under TDR	1
Total number of nonaccrual loans restored	5

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Components of property and equipment
Property and equipment, Gross	$ 43,290	$ 41,458
Accumulated depreciation	(10,860)	(9,224)
Total property and equipment	32,430	32,234
Land [Member]
Components of property and equipment
Property and equipment, Gross	6,827	6,827
Buildings [Member]
Components of property and equipment
Property and equipment, Gross	24,064	23,990
Leasehold improvements [Member]
Components of property and equipment
Property and equipment, Gross	2,899	2,220
Furniture and equipment [Member]
Components of property and equipment
Property and equipment, Gross	8,890	8,075
Software [Member]
Components of property and equipment
Property and equipment, Gross	329	306
Construction in process [Member]
Components of property and equipment
Property and equipment, Gross	$ 281	$ 40

Property and Equipment (Detai_2

Property and Equipment (Details 1)	12 Months Ended
	Dec. 31, 2018
Software [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	3 years
Furniture and equipment [Member] | Minimum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	5 years
Furniture and equipment [Member] | Maximum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	7 years
Leasehold improvements [Member] | Minimum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	5 years
Leasehold improvements [Member] | Maximum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	15 years
Buildings [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	40 years

Property and Equipment (Detai_3

Property and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property and Equipment (Textual)
Depreciation and amortization expense	$ 1.8	$ 1.5

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Summary of activity of real estate acquired in settlement of loans portion of other real estate owned
Balance, beginning of year	$ 242	$ 639
Additions		289
Sales	(125)	(501)
Write-downs, net	(117)	(185)
Balance, end of year		$ 242

Other Real Estate Owned (Deta_2

Other Real Estate Owned (Details Textual) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Other Real Estate Owned (Textual)
Real estate acquired in settlement loans		$ 242,000

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deposit [Abstract]
Noninterest bearing	$ 346,570	$ 295,680
Interest bearing:
NOW accounts	186,795	229,945
Money market accounts	730,765	545,029
Savings	15,486	16,298
Time, less than $100,000	63,073	55,461
Time, $100,000 and over	305,447	238,710
Total deposits	$ 1,648,136	$ 1,381,123

Deposits (Details 1)

Deposits (Details 1) - Certificates of Deposit [Member] $ in Thousands	Dec. 31, 2018USD ($)
Scheduled maturities of certificates of deposit
2,019	$ 241,771
2,020	92,684
2,021	24,513
2,022	4,306
2023 and after	5,246
Certificates of deposit	$ 368,520

Deposits (Details Textual)

Deposits (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deposits (Textual)
Time deposits greater $250,000	$ 214	$ 131.7
Time deposits obtained outside of primary market	79.3	28.1
Interest expense on time deposits greater than $100,000	4.7	$ 2.7	$ 1.8
Increase in noninterest bearing accounts	$ 45.3

Federal Home Loan Bank Advanc_3

Federal Home Loan Bank Advances and Other Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Summary of the terms and maturities of advances of FHLB
Amount	$ 50,000	$ 60,000
Rate	3.01%	2.53%
Federal Home Loan Bank Advances [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jan. 30, 2018	Jan. 30, 2018
Amount		$ 5,000
Rate		4.06%
Federal Home Loan Bank Advances one [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Dec. 31, 2018	Dec. 31, 2018
Amount		$ 30,000
Rate		1.59%
Federal Home Loan Bank Advances two [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Dec. 31, 2019	Dec. 31, 2019
Amount	$ 25,000
Rate	2.65%
Federal Home Loan Bank Advances three [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jul. 7, 2022	Jul. 7, 2022
Amount	$ 10,000	$ 10,000
Rate	3.11%	3.11%
Federal Home Loan Bank Advances four [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jul. 7, 2023	Jul. 7, 2023
Amount	$ 15,000	$ 15,000
Rate	3.53%	3.53%

Federal Home Loan Bank Advanc_4

Federal Home Loan Bank Advances and Other Borrowings (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2017
Federal Home Loan Bank Advances and Other Borrowings (Textual)
FHLB advances and other borrowings		$ 67,200
FHLB advances	$ 50,000	60,000
Outstanding amount		67,200
Securities sold under structured agreements to repurchase		7,200
FHLB advances are secured mortgage loans	597,600
FHLB stock	3,600
Structured debt agreements secured by investment securities		$ 7,700
Interest only line of credit	$ 15,000
Line of credit facility, maturity date	Jun. 30, 2020
Restructured FHLB advances			$ 25,000
Description of present value of cash flow of modified FHLB advances	Present value of the cash flows of the modified advance did not change by more than 10% from the present value of the cash flows of the original advances.
FHLB advances weighted average rate	4.39%
Restructured FHLB advances, weighted average remaining life	8 months
FHLB advances, weighted average remaining life	22 months
Restructured FHLB advances, weighted average interest rate	3.36%
LIBOR [Member]
Federal Home Loan Bank Advances and Other Borrowings (Textual)
Line of credit, interest rate	2.50%
Line of credit facility, Interest rate description	LIBOR plus 2.50

Junior Subordinated Debentures

Junior Subordinated Debentures (Details) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 22, 2005	Jun. 26, 2003	Dec. 31, 2018	Dec. 31, 2017
Junior Subordinated Debentures (Textual)
Junior subordinated debentures			$ 13,403,000	$ 13,403,000
Dodd-Frank Act prohibits, Description			Dodd-Frank Act prohibit institutions that had more than $15 billion in assets on December 31, 2009 from including trust preferred securities as Tier 1 capital beginning in 2013, with one-third phased out over the two years ending in 2015. Financial institutions with less than $15 billion in total assets, such as the Bank, may continue to include their trust preferred securities issued prior to May 19, 2010 in Tier 1 capital, but cannot include in Tier 1 capital trust preferred securities issued after such date.
Greenville First Statutory Trust I [Member]
Junior Subordinated Debentures (Textual)
Amount of trust preferred securities issued at floating rate		$ 6,000,000
Maturity date of trust preferred securities		Jun. 26, 2033
Floating interest rate of trust preferred securities			5.92%
LIBOR rate			3.10%
Indexed period of LIBOR rate			3-month
Proceeds from issuance trust preferred securities			$ 6,000,000
Initial proceeds from capital investment in trust			186,000
Junior subordinated debentures			$ 6,200,000
Greenville First Statutory Trust II [Member]
Junior Subordinated Debentures (Textual)
Amount of trust preferred securities issued at floating rate	$ 7,000,000
Maturity date of trust preferred securities	Dec. 22, 2035
Floating interest rate of trust preferred securities			4.24%
LIBOR rate			1.44%
Indexed period of LIBOR rate			3-month
Proceeds from issuance trust preferred securities			$ 7,000,000
Initial proceeds from capital investment in trust			217,000
Junior subordinated debentures			$ 7,200,000

Unused Lines of Credit (Details

Unused Lines of Credit (Details) $ in Millions	Dec. 31, 2018USD ($)
Unused Lines of Credit (Textual)
Lines of credit to purchase federal funds	$ 72
Additional borrowings under FHLB	$ 313.3

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Mortgage loan interest rate lock commitments [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative financial instruments, Notional amount	$ 20,552	$ 15,430
Derivative Asset/(Liability), Fair Value	$ 345	$ 196
Balance Sheet Location, description	Other assets	Other assets
MBS forward sales commitments [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative financial instruments, Notional amount	$ 11,750	$ 10,750
Derivative Asset/(Liability), Fair Value	$ (121)	$ (28)
Balance Sheet Location, description	Other liabilities	Other liabilities
Total derivative financial instruments [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative financial instruments, Notional amount	$ 32,302	$ 26,180
Derivative Asset/(Liability), Fair Value	$ 224	$ 168

Fair Value Accounting (Details)

Fair Value Accounting (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Securities available for sale:
US government agencies	$ 8,782	$ 8,653
SBA securities	3,525	4,063
State and political subdivisions	8,356	11,396
Asset Backed Securities	9,558
Mortgage-backed securities	44,684	43,491
Mortgage loans held for sale	9,241	11,790
Mortgage loan interest rate lock commitments	345	196
Total assets measured at fair value on a recurring basis	84,491	79,589
Liabilities
MBS forward sales commitments	121	28
Asset-backed securities	121	28
Level 1 [Member]
Securities available for sale:
US government agencies
SBA securities
State and political subdivisions
Asset Backed Securities
Mortgage-backed securities
Mortgage loans held for sale
Mortgage loan interest rate lock commitments
Total assets measured at fair value on a recurring basis
Liabilities
MBS forward sales commitments
Asset-backed securities
Level 2 [Member]
Securities available for sale:
US government agencies	8,782	8,653
SBA securities	3,525	4,063
State and political subdivisions	8,356	11,396
Asset Backed Securities	9,558
Mortgage-backed securities	44,684	43,491
Mortgage loans held for sale	9,241	11,790
Mortgage loan interest rate lock commitments	345	196
Total assets measured at fair value on a recurring basis	84,891	79,589
Liabilities
MBS forward sales commitments	121	28
Asset-backed securities	121	28
Level 3 [Member]
Securities available for sale:
US government agencies
SBA securities
State and political subdivisions
Asset Backed Securities
Mortgage-backed securities
Mortgage loans held for sale
Mortgage loan interest rate lock commitments
Total assets measured at fair value on a recurring basis
Liabilities
MBS forward sales commitments
Asset-backed securities

Fair Value Accounting (Details

Fair Value Accounting (Details 1) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets
Impaired loans	$ 10,558	$ 8,769
Other real estate owned		242
Total assets measured at fair value on a nonrecurring basis	10,558	9,011
Level 1 [Member]
Assets
Impaired loans
Other real estate owned
Total assets measured at fair value on a nonrecurring basis
Level 2 [Member]
Assets
Impaired loans	2,190	2,685
Other real estate owned		148
Total assets measured at fair value on a nonrecurring basis	2,190	2,833
Level 3 [Member]
Assets
Impaired loans	8,368	6,084
Other real estate owned		94
Total assets measured at fair value on a nonrecurring basis	$ 8,368	$ 6,178

Fair Value Accounting (Detail_2

Fair Value Accounting (Details 2)	12 Months Ended
	Dec. 31, 2018
Impaired loans [Member]
Schedule of unobservable inputs used in the fair value measurements
Valuation Technique	Appraised Value/Discounted Cash Flows
Significant Unobservable Inputs	Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal
Impaired loans [Member] | Minimum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	0.00%
Impaired loans [Member] | Maximum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	25.00%
Other real estate owned [Member]
Schedule of unobservable inputs used in the fair value measurements
Valuation Technique	Appraised Value/Comparable Sales
Significant Unobservable Inputs	Discounts to appraisals for estimated holding or selling costs
Other real estate owned [Member] | Minimum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	0.00%
Other real estate owned [Member] | Maximum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	25.00%

Fair Value Accounting (Detail_3

Fair Value Accounting (Details 3) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Financial Assets:
Other investments, at cost, Carrying Amount		$ 4,121	$ 4,462
Loans, net, Carrying Amount	[1]	1,648,998	1,371,547
Other investments, at cost, Fair Value		4,121	4,462
Loans, net, Fair Value	[1]	1,618,618	1,372,684
Financial Liabilities:
Deposits, Carrying Amount		1,648,136	1,381,123
FHLB and other borrowings, Carrying Amount		50,000	67,200
Junior subordinated debentures, Carrying Amount		13,403	13,403
Deposits, Fair Value		1,515,123	1,269,462
FHLB and other borrowings, Fair Value		50,147	67,890
Junior subordinated debentures, Fair Value		14,807	13,166
Level 1 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Other investments, at cost, Fair Value
Loans, net, Fair Value	[1]
Financial Liabilities:
Deposits, Fair Value
FHLB and other borrowings, Fair Value
Junior subordinated debentures, Fair Value
Level 2 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Other investments, at cost, Fair Value
Loans, net, Fair Value	[1]		2,685
Financial Liabilities:
Deposits, Fair Value		1,515,123	1,269,462
FHLB and other borrowings, Fair Value		50,147	67,890
Junior subordinated debentures, Fair Value		14,807	13,166
Level 3 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Other investments, at cost, Fair Value		4,121	4,462
Loans, net, Fair Value	[1]	1,618,618	1,369,999
Financial Liabilities:
Deposits, Fair Value
FHLB and other borrowings, Fair Value
Junior subordinated debentures, Fair Value
[1]	Carrying amount is net of the allowance for loan losses and previously presented impaired loans. In accordance with the prospective adoption of ASU No. 2016-01, the fair value of loans as of December 31, 2018 was measured using an exit price notion. The fair value of loans as of December 31, 2017 was measured using an entry price notion.

Fair Value Accounting (Detail_4

Fair Value Accounting (Details Textual)	12 Months Ended
	Dec. 31, 2018
Fair Value Accounting (Textual)
Percentage of loans collateralize by real estate	More than 80%.

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Numerator:
Net income	$ 22,289	$ 13,045	$ 13,036
Net income available to common shareholders	$ 22,289	$ 13,045	$ 13,036
Denominator:
Weighted-average common shares outstanding - basic	7,384,200	7,005,703	6,318,322
Common stock equivalents	353,295	387,674	402,566
Weighted-average common shares outstanding - diluted	7,737,495	7,393,377	6,720,888
Earnings per common share:
Basic	$ 3.02	$ 1.86	$ 2.06
Diluted	$ 2.88	$ 1.76	$ 1.94

Earnings Per Common Share (De_2

Earnings Per Common Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Common Share (Textual)
Antidilutive securities excluded from computation of earnings per share, amount	195,425	107,015	108,315

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands	Dec. 31, 2018USD ($)
Summary of estimated future minimum lease payments under noncancelable operating leases
2,019	$ 2,048
2,020	2,129
2,021	2,181
2,022	1,734
2,023	1,278
Thereafter	6,378
Total	$ 15,748

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)VicePresidents	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Commitments and Contingencies (Textual)
Description of employment agreement	These agreements also include a) an incentive program, b) a stock option plan, c) a one-year non-compete agreement upon termination and a severance payment equal to one year of compensation.
Estimated aggregate salary commitment		$ 2,800
Agreement with data processor expire date	2,023
Base monthly charges under agreement with data processor	$ 102,000
Operating lease expired date	2,028
Lease expense	$ 1,800	$ 1,300	$ 1,200
Chief Executive Officer [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	3 years
President [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	2 years
Executive Vice President [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	2 years
Number of executive officers | VicePresidents	12

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current income taxes:
Federal	$ 5,536	$ 7,139	$ 6,429
State	990	573	548
Total current tax expense	6,526	7,712	6,977
Deferred income tax expense (benefit)	(125)	2,904	356
Income tax expense	$ 6,401	$ 10,616	$ 7,333

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of the items that caused recorded income taxes to differ from taxes computed using the statutory tax rate
Tax expense at statutory rate	$ 6,025	$ 8,281	$ 7,129
Effect of state income taxes, net of federal benefit	782	372	356
Exempt income	(34)	(146)	(162)
Effect of change in federal tax rate	0	2,441
Other	(248)	(2)	160
Effect of stock-based compensation	(124)	(330)	(150)
Income tax expense	$ 6,401	$ 10,616	$ 7,333

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Allowance for loan losses	$ 3,310	$ 3,260
Unrealized loss on securities available for sale	244	121
Net deferred loan fees	592	480
Deferred compensation	1,280	1,124
Sale of real estate owned	128	104
Accrued expenses		16
Other	130	136
Deferred tax assets, gross	5,684	5,241
Deferred tax liabilities:
Property and equipment	1,433	1,208
Hedging transactions	112	88
Prepaid expenses	107	99
Other	12	64
Deferred tax liabilities, gross	1,664	1,459
Net deferred tax asset	$ 4,020	$ 3,782

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes (Textual)
Provisional net tax expense	$ 0	$ 2,441
Percentage of federal statutory income tax rate	21.00%	21.00%	35.00%

Related Party Transactions (Det

Related Party Transactions (Details) - Directors and executive officers, their affiliates [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Summary of loan transactions with directors, including their affiliates and executive officers
Balance, beginning of year	$ 15,276	$ 14,825
New loans	5,686	6,843
Less loan payments	(6,993)	(6,392)
Balance, end of year	$ 13,969	$ 15,276

Related Party Transactions (D_2

Related Party Transactions (Details Textual)	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)Offices	Dec. 31, 2016USD ($)
Related Party Transactions (Textual)
Number of offices | Offices		4
Executive officer and directors [Member]
Related Party Transactions (Textual)
Deposits by related parties	$ 2,700,000	$ 3,500,000
Director [Member]
Related Party Transactions (Textual)
Monthly payments of land lease by Company	5,388
Property management services expense for Bank	21,000	$ 38,000	$ 29,000
Payment for employment recruiting services	$ 38,000

Financial Instruments With Of_2

Financial Instruments With Off-Balance Sheet Risk (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financial instruments with off-balance sheet risk (Textual)
Commitment under letters of credit	$ 10	$ 6.3
Unfunded commitments to extend credit [Member]
Financial instruments with off-balance sheet risk (Textual)
Amount of unfunded commitments to extend credit	399.4	345.9
Unfunded commitments to extend credit at fixed rate	130.5	96.4
Unfunded commitments to extend credit at variable rate	$ 269	$ 249.5

Employee Benefit Plan (Details)

Employee Benefit Plan (Details)	12 Months Ended
	Dec. 31, 2018USD ($)ExecutiveOfficers	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Profit Sharing and 401(k) Plan for eligible employees [Member]
Employee Benefit Plan (Textual)
Defined benefit plan, annual cost	$ 587,000	$ 476,000	$ 356,000
Supplemental Executive Retirement Plan (nonqualified deferred compensation plan) [Member]
Employee Benefit Plan (Textual)
Defined benefit plan, annual cost	$ 940,000	792,000	$ 782,000
Number of executive officers | ExecutiveOfficers	20
Accrued benefit obligation	$ 6,100,000	$ 5,400,000

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stock-Based Compensation [Abstract]
Stock option expense	$ 1,183	$ 959	$ 746
Restricted stock grant expense	319	299	286
Total stock-based compensation expense	$ 1,502	$ 1,258	$ 1,032

Stock-Based Compensation (Det_2

Stock-Based Compensation (Details 1) - Stock Options [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of the status of the stock option plan and changes
Shares Outstanding at beginning of year	662,841	642,203	693,954
Shares Granted	93,200	110,950	109,500
Shares Exercised	(105,630)	(74,437)	(152,751)
Shares Forfeited or expired	(3,600)	(15,875)	(8,500)
Shares Outstanding at end of year	646,811	662,841	642,203
Shares options exercisable at year-end	404,851	419,766	399,256
Shares available for grant	270,090	359,690	454,765
Weighted average exercise price Outstanding at beginning of year	$ 15.70	$ 11.77	$ 8.94
Weighted average exercise price Granted	43.32	35.34	23.65
Weighted average exercise price Exercised	8.51	9.48	7.19
Weighted average exercise price Forfeited or expired	40.03	23.49	15.69
Weighted average exercise price Outstanding at end of year	20.71	15.70	11.77
Weighted average exercise price, Options exercisable at year-end	12.58	9.20	7.62
Weighted average fair value of options granted during the year	$ 16.83	$ 14.14	$ 10.96
Weighted Average Remaining Contractual Life, Outstanding at end of year	5 years 7 months 6 days	5 years 7 months 6 days	5 years 10 months 24 days
Weighted Average Remaining Contractual Life, Options exercisable at year-end	4 years	4 years 1 month 6 days	4 years 4 months 24 days

Stock-Based Compensation (Det_3

Stock-Based Compensation (Details 2) - Stock Options [Member]	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-Based Compensation Arrangement By Share-Based Payment Award [Line Items]
Dividend yield
Expected life	7 years	7 years	7 years
Expected volatility	32.08%	34.63%	43.22%
Risk-free interest rate	2.50%	2.04%	1.65%

Stock-Based Compensation (Det_4

Stock-Based Compensation (Details 3) - Nonvested restricted stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of the status of the Company's nonvested restricted stock and changes
Restricted Shares Nonvested at beginning of year	25,000	36,125	33,749
Restricted Shares Granted	13,000	6,500	22,000
Restricted Shares Vested	(8,375)	(17,625)	(17,749)
Restricted Shares Forfeited			(1,875)
Restricted Shares Nonvested at end of year	29,625	25,000	36,125
Weighted Average Grant-Date Fair Value Nonvested at beginning of year	$ 26.43	$ 20.13	$ 12.92
Weighted Average Grant-Date Fair Value Granted	42.87	35.14	23.91
Weighted Average Grant-Date Fair Value Vested	25.17	16.73	11.68
Weighted Average Grant-Date Fair Value Forfeited			14.72
Weighted Average Grant-Date Fair Value Nonvested at end of year	$ 34	$ 26.43	$ 20.13

Stock-Based Compensation (Det_5

Stock-Based Compensation (Details Textual) - USD ($) $ in Thousands	May 17, 2016	May 19, 2015	May 20, 2014	May 18, 2010	Mar. 21, 2000	May 31, 2010	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2012
Stock-Based Compensation (Textual)
Unrecognized compensation cost							$ 2,300
Recognized weighted average period							2 years 6 months
Fair value of stock option grants							$ 973,000	$ 775,000	$ 593,000
Stock Option Plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant					436,424
Option expiration period					10 years
Aggregate intrinsic value outstanding							8,700	16,900
Aggregate intrinsic value options exercisable at year-end							$ 8,000	$ 13,500
2010 Incentive Plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant			566,025	366,025			14,375
Option expiration period				10 years
Adjusted percentage of stock dividends				10.00%
Shares issued under provision of issuance of shares of restricted stock						79,860
Additional shares of common stock			200,000
Stock to be issuable as restricted stock		25,000
Restricted Stock Plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant							46,424
Number of shares authorized under the restricted stock plan										13,310
Shares issued under provision of issuance of shares of restricted stock		104,860
Unrecognized compensation cost							$ 741,000
Recognized weighted average period							2 years 7 months 6 days
2016 Equity Incentive Plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant	400,000						255,715
Option expiration period	10 years
Shares issued under provision of issuance of shares of restricted stock	50,000

Regulatory Matters (Details)

Regulatory Matters (Details) - The Bank [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements
Total Capital (to risk weighted assets) Actual	$ 198,195	$ 175,016
Total Capital (to risk weighted assets) Actual, Ratio	12.16%	12.99%
Total Capital (to risk weighted assets) For capital adequacy purposes minimum	$ 130,368	$ 107,749
Total Capital (to risk weighted assets) For capital adequacy purposes minimum, Ratio	8.00%	8.00%
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 162,960	$ 134,686
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	10.00%	10.00%
Tier 1 Capital (to risk weighted assets) Actual	$ 182,433	$ 159,493
Tier 1 Capital (to risk weighted assets) Actual, Ratio	11.20%	11.84%
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum	$ 97,776	$ 80,812
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum, Ratio	6.00%	6.00%
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 130,368	$ 107,749
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	8.00%	8.00%
Common Equity Tier 1 Capital (to risk weighted assets) Actual	$ 182,433	$ 159,493
Common Equity Tier 1 Capital (to risk weighted assets) Actual, Ratio	11.20%	11.84%
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum	$ 73,332	$ 60,609
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum, Ratio	4.50%	4.50%
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 105,924	$ 87,546
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	6.50%	6.50%
Tier 1 Capital (to average assets) Actual	$ 182,433	$ 159,493
Tier 1 Capital (to average assets), Actual Ratio	9.84%	10.04%
Tier 1 Capital (to average assets) For capital adequacy purposes minimum	$ 74,126	$ 63,573
Tier 1 Capital (to average assets) For capital adequacy purposes minimum, Ratio	4.00%	4.00%
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum	$ 92,658	$ 79,466
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	5.00%	5.00%

Reportable Segments (Details)

Reportable Segments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Interest income	$ 76,657	$ 61,209	$ 51,191
Interest expense	16,505	10,333	8,192
Net interest income (loss)	60,152	50,876	42,999
Provision for loan losses	1,900	2,000	2,300
Noninterest income	10,201	9,337	10,846
Noninterest expense	39,763	34,552	31,176
Net income (loss) before taxes	28,690	23,661	20,369
Income tax expense provision (benefit)	6,401	10,616	7,333
Net income (loss)	22,289	13,045	$ 13,036
Total assets	1,900,614	1,624,625
Commercial and Retail Banking [Member]
Segment Reporting Information [Line Items]
Interest income	76,282	60,895
Interest expense	15,922	9,830
Net interest income (loss)	60,360	51,065
Provision for loan losses	1,900	2,000
Noninterest income	4,657	4,185
Noninterest expense	35,371	30,568
Net income (loss) before taxes	27,746	22,682
Income tax expense provision (benefit)	6,185	10,239
Net income (loss)	21,561	12,443
Total assets	1,905,474	1,615,960
Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Interest income	375	314
Interest expense
Net interest income (loss)	375	314
Provision for loan losses
Noninterest income	5,544	5,152
Noninterest expense	4,152	3,738
Net income (loss) before taxes	1,767	1,728
Income tax expense provision (benefit)	389	639
Net income (loss)	1,378	1,089
Total assets	8,602	8,230
Corporate [Member]
Segment Reporting Information [Line Items]
Interest income	9	11
Interest expense	592	514
Net interest income (loss)	(583)	(503)
Provision for loan losses
Noninterest income
Noninterest expense	240	246
Net income (loss) before taxes	(823)	(749)
Income tax expense provision (benefit)	173	(262)
Net income (loss)	(650)	(487)
Total assets	187,327	163,095
Eliminations [Member]
Segment Reporting Information [Line Items]
Interest income	(9)	(11)
Interest expense	(9)	(11)
Total assets	$ (200,789)	$ (162,660)

Reportable Segments (Details Te

Reportable Segments (Details Textual)	12 Months Ended
	Dec. 31, 2018Investments
Reportable Segments (Textual)
Number of segments	3

Parent Company Financial Info_3

Parent Company Financial Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 72,873	$ 92,165
Other assets	7,444	7,910
Total assets	1,900,614	1,624,625
Liabilities and Shareholders' Equity
Junior subordinated debentures	13,403	13,403
Shareholders' equity	173,916	149,686	$ 109,872	$ 94,240
Total liabilities and shareholders' equity	1,900,614	1,624,625
Revenues
Interest income	76,657	61,209	51,191
Expenses
Interest expense	16,505	10,333	8,192
Income tax expense	6,401	10,616	7,333
Net income	22,289	13,045	13,036
Operating activities
Net income	22,289	13,045	13,036
Adjustments to reconcile net income to cash provided by (used for) operating activities
Compensation expense related to stock options and restricted stock grants	1,502	1,258	1,998
(Increase) decrease in other assets	223	(1,421)	(1,867)
Financing activities
Issuance of common stock		(24,758)
Net increase (decrease) in cash and cash equivalents	(19,292)	45,613	(16,314)
Cash and cash equivalents, beginning of year	92,165	46,552	62,866
Cash and cash equivalents, end of year	72,873	92,165	46,552
Southern First Bancshares, Inc. [Member]
Assets
Cash and cash equivalents	5,389	3,623
Investment in subsidiaries	181,919	159,440
Other assets	19	32
Total assets	187,327	163,095
Liabilities and Shareholders' Equity
Accounts payable and accrued expenses	8	6
Junior subordinated debentures	13,403	13,403
Shareholders' equity	173,916	149,686
Total liabilities and shareholders' equity	187,327	163,095
Revenues
Interest income	9	11	2
Total revenue	9	11	2
Expenses
Interest expense	592	514	402
Other expenses	240	246	243
Total expenses	832	760	645
Income tax expense	173	262	172
Loss before equity in undistributed net income of subsidiaries	(650)	(487)	(471)
Equity in undistributed net income of subsidiaries	22,939	13,532	13,507
Net income	22,289	13,045	13,036
Operating activities
Net income	22,289	13,045	13,036
Adjustments to reconcile net income to cash provided by (used for) operating activities
Equity in undistributed net income of subsidiaries	(22,939)	(13,532)	(13,507)
Compensation expense related to stock options and restricted stock grants	1,502	1,258	1,998
(Increase) decrease in other assets	12	2,772	(449)
Increase (decrease) in accounts payable and accrued expenses	2	2	(1)
Net cash provided by financing activities	866	3,545	1,077
Investing activities
Investment in subsidiaries, net		(27,334)	(668)
Net cash used for investing activities		(27,334)	(668)
Financing activities
Issuance of common stock		24,758
Proceeds from the exercise of stock options and warrants	900	705	1,098
Net cash provided by financing activities	900	25,463	1,098
Net increase (decrease) in cash and cash equivalents	1,766	1,674	1,507
Cash and cash equivalents, beginning of year	3,623	1,949	442
Cash and cash equivalents, end of year	$ 5,389	$ 3,623	$ 1,949

Selected Condensed Quarterly _3

Selected Condensed Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summary of selected quarterly financial information
Interest income									$ 76,657	$ 61,209	$ 51,191
Interest expense									16,505	10,333	8,192
Net interest income									60,152	50,876	42,999
Provision for loan losses									1,900	2,000	2,300
Noninterest income									10,201	9,337	10,846
Noninterest expenses									39,763	34,552	31,176
Income before income tax expense									28,690	23,661	20,369
Income tax benefit									6,401	10,616	7,333
Net income available to common shareholders									$ 22,289	$ 13,045	$ 13,036
Earnings per common share
Basic									$ 3.02	$ 1.86	$ 2.06
Diluted									$ 2.88	$ 1.76	$ 1.94
Weighted average common shares outstanding
Basic									7,384,200	7,005,703	6,318,322
Diluted									7,737,495	7,393,377	6,720,888
Quarterly Financial Data [Member]
Summary of selected quarterly financial information
Interest income	$ 21,079	$ 19,865	$ 18,535	$ 17,178	$ 16,364	$ 15,955	$ 14,931	$ 13,959
Interest expense	5,082	4,364	3,923	3,136	2,756	2,646	2,579	2,352
Net interest income	15,997	15,501	14,612	14,042	13,608	13,309	12,352	11,607
Provision for loan losses	600	400	400	500	500	500	500	500
Noninterest income	2,477	2,533	2,771	2,420	2,181	2,542	2,563	2,051
Noninterest expenses	10,391	10,188	9,979	9,205	8,623	8,806	8,763	8,360
Income before income tax expense	7,483	7,446	7,004	6,757	6,666	6,545	5,652	4,798
Income tax benefit	1,700	1,664	1,494	1,543	4,586	2,295	2,048	1,687
Net income available to common shareholders	$ 5,783	$ 5,782	$ 5,510	$ 5,214	$ 2,080	$ 4,250	$ 3,604	$ 3,111
Earnings per common share
Basic	$ 0.78	$ 0.78	$ 0.75	$ 0.71	$ 0.28	$ 0.58	$ 0.52	$ 0.48
Diluted	$ 0.75	$ 0.75	$ 0.71	$ 0.67	$ 0.27	$ 0.55	$ 0.49	$ 0.45
Weighted average common shares outstanding
Basic	7,427,902	7,400,174	7,370,709	7,336,839	7,304,478	7,281,594	6,986,948	6,437,231
Diluted	7,725,661	7,746,205	7,751,146	7,726,885	7,696,684	7,668,476	7,366,208	6,829,590