South Plains Financial (SPFI) 10-Q 24 Jun 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Jun. 06, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	SOUTH PLAINS FINANCIAL, INC.
Entity Central Index Key	0001163668
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		17,978,520
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 37,632	$ 47,802
Interest-bearing deposits in banks	301,778	198,187
Cash and cash equivalents	339,410	245,989
Securities available for sale	339,051	338,196
Loans held for sale	21,447	38,382
Loans held for investment	1,915,183	1,957,197
Allowance for loan losses	(23,381)	(23,126)
Accrued interest receivable	9,962	12,957
Premises and equipment, net	59,572	59,787
Bank-owned life insurance	57,499	57,172
Other assets	27,254	26,191
Total assets	2,745,997	2,712,745
Deposits:
Noninterest-bearing	497,566	510,067
Interest-bearing	1,807,363	1,767,387
Total deposits	2,304,929	2,277,454
Short-term borrowings	18,915	17,705
Accrued expenses and other liabilities	35,723	29,416
Notes payable & other borrowings	95,000	95,000
Subordinated debt securities	26,472	34,002
Junior subordinated deferrable interest debentures	46,393	46,393
Total liabilities	2,527,432	2,499,970
Commitments and contingent liabilities
ESOP owned shares	58,195	58,195
Stockholders' equity:
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 14,771,520 issued and outstanding	14,772	14,772
Additional paid-in capital	80,412	80,412
Retained earnings	123,328	119,834
Accumulated other comprehensive income (loss)	53	(2,243)
Stockholders' equity including ESOP owned shares	218,565	212,775
Less ESOP owned shares	58,195	58,195
Total stockholders' equity	160,370	154,580
Total liabilities and stockholders' equity	2,745,997	$ 2,712,745
Pro Forma [Member]
ASSETS
Cash and due from banks	37,632
Interest-bearing deposits in banks	301,778
Cash and cash equivalents	339,410
Securities available for sale	339,051
Loans held for sale	21,447
Loans held for investment	1,915,183
Allowance for loan losses	(23,381)
Accrued interest receivable	9,962
Premises and equipment, net	59,572
Bank-owned life insurance	57,499
Other assets	27,254
Total assets	2,745,997
Deposits:
Noninterest-bearing	497,566
Interest-bearing	1,807,363
Total deposits	2,304,929
Short-term borrowings	18,915
Accrued expenses and other liabilities	35,723
Notes payable & other borrowings	95,000
Subordinated debt securities	26,472
Junior subordinated deferrable interest debentures	46,393
Total liabilities	2,527,432
Commitments and contingent liabilities
ESOP owned shares	0
Stockholders' equity:
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 14,771,520 issued and outstanding	14,772
Additional paid-in capital	80,412
Retained earnings	123,328
Accumulated other comprehensive income (loss)	53
Stockholders' equity including ESOP owned shares	218,565
Less ESOP owned shares	0
Total stockholders' equity	218,565
Total liabilities and stockholders' equity	$ 2,745,997

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	14,771,520	14,771,520
Common stock, shares outstanding (in shares)	14,771,520	14,771,520
Pro Forma [Member]
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 1
Common stock, shares authorized (in shares)	30,000,000
Common stock, shares issued (in shares)	14,771,520
Common stock, shares outstanding (in shares)	14,771,520

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Interest income:
Loans, including fees	$ 28,098	$ 24,109
Securities:
Taxable	2,176	795
Non taxable	225	1,095
Federal funds sold and interest-bearing deposits in banks	1,505	1,284
Total interest income	32,004	27,283
Interest expense:
Deposits	5,889	3,493
Notes payable & other borrowings	650	430
Subordinated debt securities	406	245
Junior subordinated deferrable interest debentures	513	397
Total interest expense	7,458	4,565
Net interest income	24,546	22,718
Provision for loan losses	608	778
Net interest income, after provision for loan losses	23,938	21,940
Noninterest income:
Service charges on deposit accounts	1,905	1,917
Income from insurance activities	1,750	1,395
Net gain on sales of loans	4,660	4,311
Bank card services and interchange fees	2,010	1,958
Investment commissions	333	450
Other	1,417	1,437
Total noninterest income	12,075	11,468
Noninterest expense:
Salaries and employee benefits	19,125	17,601
Occupancy and equipment, net	3,407	3,324
Professional services	1,706	1,429
Marketing and development	717	818
IT and data services	693	550
Bank card expenses	724	664
Appraisal expenses	323	285
Other	3,341	3,206
Total noninterest expense	30,036	27,877
Income before income taxes	5,977	5,531
Income tax expense	1,204	30
Net income	$ 4,773	$ 5,501
Earnings per share:
Basic (in dollars per share)	$ 0.32	$ 0.37
Diluted (in dollars per share)	$ 0.32	$ 0.37
Net income	$ 4,773	$ 5,501
Other comprehensive income (loss):
Change in net unrealized loss on securities available for sale	2,907	(3,160)
Tax effect	(611)	0
Other comprehensive income (loss)	2,296	(3,160)
Comprehensive income	$ 7,069	2,341
Pro Forma [Member]
Interest income:
Loans, including fees		24,109
Securities:
Taxable		795
Non taxable		1,095
Federal funds sold and interest-bearing deposits in banks		1,284
Total interest income		27,283
Interest expense:
Deposits		3,493
Notes payable & other borrowings		430
Subordinated debt securities		245
Junior subordinated deferrable interest debentures		397
Total interest expense		4,565
Net interest income		22,718
Provision for loan losses		778
Net interest income, after provision for loan losses		21,940
Noninterest income:
Service charges on deposit accounts		1,917
Income from insurance activities		1,395
Net gain on sales of loans		4,311
Bank card services and interchange fees		1,958
Investment commissions		450
Other		1,437
Total noninterest income		11,468
Noninterest expense:
Salaries and employee benefits		17,601
Occupancy and equipment, net		3,324
Professional services		1,429
Marketing and development		818
IT and data services		550
Bank card expenses		664
Appraisal expenses		285
Other		3,206
Total noninterest expense		27,877
Income before income taxes		5,531
Income tax expense		883
Net income		$ 4,648
Earnings per share:
Basic (in dollars per share)		$ 0.31
Diluted (in dollars per share)		$ 0.31
Net income		$ 4,648
Other comprehensive income (loss):
Change in net unrealized loss on securities available for sale		(3,160)
Tax effect		664
Other comprehensive income (loss)		(2,496)
Comprehensive income		$ 2,152

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Less: ESOP Owned Shares [Member]	Total
Balance at Dec. 31, 2017	$ 15,154	$ 85,888	$ 120,589	$ (446)	$ (5,858)	$ (57,121)	$ 158,206
Balance (in shares) at Dec. 31, 2017	15,153,510
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	5,501	0	0		5,501
Cash dividends, common	0	0	(2,215)	0	0		(2,215)
Other comprehensive income (loss), (net of tax)	0	0	0	(3,160)	0	0	(3,160)
Balance at Mar. 31, 2018	$ 15,154	85,888	123,875	(3,606)	(5,858)	(57,121)	158,332
Balance (in shares) at Mar. 31, 2018	15,153,510
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative change in accounting principle	$ 0	0	(1,279)	0	0	0	(1,279)
Balance at Dec. 31, 2018	$ 14,772	80,412	119,834	(2,243)	0	(58,195)	$ 154,580
Balance (in shares) at Dec. 31, 2018	14,771,520						14,771,520
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	4,773	0	0	0	$ 4,773
Other comprehensive income (loss), (net of tax)	0	0	0	2,296	0	0	2,296
Balance at Mar. 31, 2019	$ 14,772	$ 80,412	$ 123,328	$ 53	$ 0	$ (58,195)	$ 160,370
Balance (in shares) at Mar. 31, 2019	14,771,520						14,771,520

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical)	3 Months Ended
	Mar. 31, 2018$ / shares
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) [Abstract]
Cash dividends, common (in dollars per share)	$ 0.15

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 4,773	$ 5,501
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses	608	778
Depreciation and amortization	1,252	1,328
Accretion and amortization	(308)	637
Other gains, net	(3)	(95)
Net gain on sales of loans	(4,660)	(4,311)
Proceeds from sales of loans held for sale	142,435	115,615
Loans originated for sale	(120,840)	(108,797)
Earnings on bank-owned life insurance	(327)	(333)
Net change in:
Accrued interest receivable and other assets	1,371	3,970
Accrued expenses and other liabilities	5,028	1,323
Net cash from operating activities	29,329	15,616
Activity in securities available for sale:
Purchases	(5,192)	0
Maturities, prepayments, and calls	7,552	7,299
Activity in securities held to maturity:
Maturities, prepayments, and calls	0	14,675
Loan originations and principal collections, net	41,201	12,924
Purchases of premises and equipment, net	(1,032)	(746)
Proceeds from sales of premises and equipment	3	20
Proceeds from sales of foreclosed assets	405	1,035
Net cash from investing activities	42,937	35,207
Cash flows from financing activities:
Net change in deposits	27,475	5,240
Net change in short-term borrowings	1,210	5,070
Payments made on notes payable and other borrowings	(7,530)	0
Cash dividends on common stock	0	(2,215)
Net cash from financing activities	21,155	8,095
Net change in cash and cash equivalents	93,421	58,918
Beginning cash and cash equivalents	245,989	294,563
Ending cash and cash equivalents	339,410	353,481
Supplemental disclosures of cash flow information:
Interest paid on deposits and borrowed funds	7,140	3,443
Income taxes paid	0	0
Supplemental schedule of noncash investing and financing activities:
Loans transferred to foreclosed assets	$ 460	$ 804

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries Basis of Presentation and Consolidation The interim consolidated financial statements in this Report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2018 in our prospectus filed with the SEC pursuant to Rule 424(b) of the Securities Act of 1933, as amended, on May 9, 2019. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. Use of Estimates Change in Capital Structure On March 11, 2019, the Company amended and restated its Certificate of Formation. The original Certificate of Formation was amended to change the capital structure to authorize the issuance of 30,000,000 shares of common stock, par value $1.00 per share. The Company completed a 29-to-1 stock split of the Company’s outstanding shares of common stock for shareholders of record as of March 11, 2019. The stock split was payable in the form of a dividend on or about March 11, 2019. Shareholders received 29 additional shares for each share held as of the record date. All share and per share amounts in the consolidated financial statements have been retroactively adjusted to reflect this stock split for all periods presented. Pro Forma Information In accordance with applicable provisions of the Internal Revenue Code, the terms of our employee stock ownership plan (“ESOP”), provided that, for so long as we were a privately held company, ESOP participants would have the right, for a specified period of time, to require us to repurchase shares of our common stock that are distributed to them by the ESOP. This repurchase obligation terminated upon the consummation of our initial public offering and listing of our common stock on the NASDAQ Global Select Market in May 2019. However, because we were privately held during the periods covered by the Report, the shares of common stock held by the ESOP are reflected in our consolidated balance sheets as a line item called ESOP-owned shares, appearing between total liabilities and stockholders’ equity. As a result, the value of ESOP-owned shares are deducted from stockholders’ equity in our consolidated balance sheet for the periods included in this Report. The consolidated balance sheet in this Report includes a pro forma column, which assumes that the ESOP repurchase obligation has terminated as of the date presented in the Report. For all periods following our initial public offering and continued listing of our common stock on the NASDAQ Global Select Market, the ESOP-owned shares will be included in, and not be deducted from, stockholders’ equity. Change in Accounting Principle Stock-based Compensation Recent Accounting Pronouncements Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) ASU 2016-01 Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ASU 2016-13 Financial Instruments - Credit Losses (Topic 326).

SECURITIES

SECURITIES	3 Months Ended
	Mar. 31, 2019
SECURITIES [Abstract]
SECURITIES	2. SECURITIES The amortized cost and fair value of securities, with gross unrealized gains and losses, at period-end follow: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair March 31, 2019 Available for sale: U.S. government and agencies $ 85,217 $ 26 $ (42 ) $ 85,201 State and municipal 32,118 566 (163 ) 32,521 Mortgage-backed securities 182,684 1,092 (992 ) 182,784 Asset-backed and other amortizing securities 38,965 33 (453 ) 38,545 $ 338,984 $ 1,717 $ (1,650 ) $ 339,051 Amortized Gross Unrealized Gains Gross Unrealized Fair Value December 31, 2018 Available for sale: U.S. government and agencies $ 84,765 $ 18 $ (76 ) $ 84,707 State and municipal 32,205 480 (375 ) 32,310 Mortgage-backed securities 184,267 29 (2,040 ) 182,256 Asset-backed and other amortizing securities 39,799 1 (877 ) 38,923 $ 341,036 $ 528 $ (3,368 ) $ 338,196 The amortized cost and fair value of debt securities at March 31, 2019 are presented below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Other securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 78,370 $ 78,356 After 1 year through 5 years 7,317 7,318 After 5 years through 10 years 12,006 11,997 After 10 years 19,642 20,051 Other 221,649 221,329 $ 338,984 $ 339,051 At March 31, 2019 and December 31, 2018, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity. Securities with a carrying value of approximately $206.4 million and $200.0 million at March 31, 2019 and December 31, 2018, respectively, were pledged to collateralize public deposits and for other purposes as required or permitted by law. The following table segregates securities with unrealized losses at the periods indicated, by the duration they have been in a loss position: Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss March 31, 2019 U.S. government and agencies $ 74,872 $ 9 $ 5,553 $ 33 $ 80,425 $ 42 State and municipal 918 1 13,443 162 14,361 163 Mortgage-backed securities - - 53,083 992 53,083 992 Asset-backed and other amortizing securities - - 34,060 453 34,060 453 $ 75,790 $ 10 $ 106,139 $ 1,640 $ 181,929 $ 1,650 December 31, 2018 U.S. government and agencies $ 77,891 $ 27 $ 2,048 $ 49 $ 79,939 $ 76 State and municipal 5,662 92 9,781 283 15,443 375 Mortgage-backed securities 108,962 293 54,035 1,747 162,997 2,040 Asset-backed and other amortizing securities - - 37,351 877 37,351 877 $ 192,515 $ 412 $ 103,215 $ 2,956 $ 295,730 $ 3,368 There were 65 securities with an unrealized loss at March 31, 2019. Management does not believe that these losses are other than temporary as there is no intent to sell any of these securities before recovery and it is not probable that we will be required to sell any of these securities before recovery, and credit loss, if any, is not material. Any unrealized losses are largely due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the securities approach their maturity date or if market yields for such investments decline. Management does not believe any of the securities are impaired due to reasons of credit quality. Accordingly, as of March 31, 2019, management believes the impairments detailed in the table above are temporary and no impairment loss has been realized in the Company’s consolidated financial statements.

LOANS

LOANS	3 Months Ended
	Mar. 31, 2019
LOANS [Abstract]
LOANS	3. LOANS Loans are summarized by category as follows: March 31, December 31, Commercial real estate $ 528,598 $ 538,037 Commercial - specialized 258,975 305,022 Commercial - general 413,093 427,728 Consumer: 1-4 family residential 354,981 346,153 Auto loans 200,366 191,647 Other consumer 71,939 70,209 Construction 87,231 78,401 1,915,183 1,957,197 Allowance for loan losses (23,381 ) (23,126 ) Loans, net $ 1,891,802 $ 1,934,071 The Company has certain lending policies, underwriting standards, and procedures in place that are designed to maximize loan income with an acceptable level of risk. Management reviews and approves these policies, underwriting standards, and procedures on a regular basis and makes changes as appropriate. Management receives frequent reports related to loan originations, quality, concentrations, delinquencies, non-performing, and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions, both by type of loan and geography. Commercial – General and Specialized Commercial Real Estate Construction Consumer The following table details the activity in the allowance for loan losses. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the three months ended March 31, 2019 Commercial real estate $ 5,579 $ (352 ) $ - $ 108 $ 5,335 Commercial - specialized 2,516 (179 ) (33 ) 23 2,327 Commercial - general 8,173 262 (4 ) 73 8,504 Consumer: 1-4 family residential 2,249 156 (19 ) 30 2,416 Auto loans 2,994 299 (259 ) 33 3,067 Other consumer 1,192 212 (279 ) 49 1,174 Construction 423 210 (75 ) - 558 Total $ 23,126 $ 608 $ (669 ) $ 316 $ 23,381 For the three months ended March 31, 2018 Commercial real estate $ 3,769 $ 1,360 $ - $ - $ 5,129 Commercial - specialized 2,367 265 (38 ) 56 2,650 Commercial - general 10,151 (1,313 ) (100 ) 187 8,925 Consumer: 1-4 family residential 1,787 (359 ) (1 ) - 1,427 Auto loans 2,068 521 (235 ) 32 2,386 Other consumer 971 253 (207 ) 36 1,053 Construction 348 51 - - 399 Total $ 21,461 $ 778 $ (581 ) $ 311 $ 21,969 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment: Recorded Investment Allowance for Loan Losses Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated March 31, 2019 Commercial real estate $ 473 $ 528,125 $ - $ 5,335 Commercial - specialized 2,045 256,930 68 2,259 Commercial - general 2,856 410,237 335 8,169 Consumer: 1-4 family residential 2,590 352,391 120 2,296 Auto loans - 200,366 - 3,067 Other consumer - 71,939 - 1,174 Construction 702 86,529 60 498 Total $ 8,666 $ 1,906,517 $ 583 $ 22,798 December 31, 2018 Commercial real estate $ 1,819 $ 536,218 $ - $ 5,579 Commercial - specialized 2,116 302,906 - 2,516 Commercial - general 2,950 424,778 233 7,940 Consumer: 1-4 family residential 2,475 343,678 8 2,241 Auto loans - 191,647 - 2,994 Other consumer - 70,209 - 1,192 Construction - 78,401 - 423 Total $ 9,360 $ 1,947,837 $ 241 $ 22,885 Impaired loan information follows: Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment March 31, 2019 Commercial real estate $ 928 $ 473 $ - $ 473 $ - $ 1,146 Commercial - specialized 2,045 1,359 686 2,045 68 2,081 Commercial - general 4,664 180 2,676 2,856 335 2,903 Consumer: 1-4 family 3,009 2,131 459 2,590 120 2,533 Auto loans - - - - - - Other consumer - - - - - - Construction 777 345 357 702 60 351 Total $ 11,423 $ 4,488 $ 4,178 $ 8,666 $ 583 $ 9,014 December 31, 2018 Commercial real estate $ 2,274 $ 1,819 $ - $ 1,819 $ - $ 4,590 Commercial - specialized 2,116 2,116 - 2,116 - 3,742 Commercial - general 4,758 240 2,710 2,950 233 3,963 Consumer: 1-4 family 2,894 2,111 364 2,475 8 2,881 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 12,042 $ 6,286 $ 3,074 $ 9,360 $ 241 $ 15,176 All impaired loans $250,000 and greater were specifically evaluated for impairment. Interest income recognized using a cash-basis method on impaired loans for the period ended March 31, 2019 and the year ended December 31, 2018 was not significant. Additional funds committed to be advanced on impaired loans are not significant. The table below provides an age analysis on accruing past-due loans and nonaccrual loans: 30-89 Days Past Due 90 Days or More Past Due Nonaccrual March 31, 2019 Commercial real estate $ 1,493 $ - $ 200 Commercial - specialized 402 - 2,753 Commercial - general 2,432 - 2,170 Consumer: 1-4 Family residential 1,839 186 1,831 Auto loans 808 33 Other consumer 683 61 Construction 646 - 703 Total $ 8,303 $ 280 $ 7,657 December 31, 2018 Commercial real estate $ 1,748 $ - $ 217 Commercial - specialized 992 - 2,550 Commercial - general 2,625 - 2,134 Consumer: 1-4 Family residential 1,611 440 1,489 Auto loans 825 50 Other consumer 883 74 Construction - - - Total $ 8,684 $ 564 $ 6,390 The Company grades its loans on a thirteen-point grading scale. These grades fit in one of the following categories: (i) pass, (ii) special mention, (iii) substandard, (iv) doubtful, or (v) loss. Loans categorized as loss are charged-off immediately. The grading of loans reflect a judgment about the risks of default associated with the loan. The Company reviews the grades on loans as part of our on-going monitoring of the credit quality of our loan portfolio. Pass loans have financial factors or nature of collateral that are considered reasonable credit risks in the normal course of lending and encompass several grades that are assigned based on varying levels of risk, ranging from credits that are secured by cash or marketable securities, to watch credits which have all the characteristics of an acceptable credit risk but warrant more than the normal level of monitoring. Special mention loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects for the loans at some future date. Substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or by the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize collection and present the distinct possibility that some loss will be sustained if the deficiencies are not corrected. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Substandard loans can be accruing or can be nonaccrual depending on the circumstances of the individual loans. Doubtful loans have all the weaknesses inherent in substandard loans with the added characteristics that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. All doubtful loans are on nonaccrual. The following table summarizes the internal classifications of loans: Pass Special Mention Substandard Doubtful Total March 31, 2019 Commercial real estate $ 503,424 $ 19,919 $ 5,255 $ - $ 528,598 Commercial - specialized 255,433 - 3,542 - 258,975 Commercial - general 400,960 1,375 10,758 - 413,093 Consumer: 1-4 family residential 349,532 - 5,449 - 354,981 Auto loans 200,129 - 237 - 200,366 Other consumer 71,766 - 173 - 71,939 Construction 86,529 - 702 - 87,231 Total $ 1,867,773 $ 21,294 $ 26,116 $ - $ 1,915,183 December 31, 2018 Commercial real estate $ 514,249 $ 17,300 $ 6,488 $ - $ 538,037 Commercial - specialized 301,289 - 3,733 - 305,022 Commercial - general 415,675 1,449 10,604 - 427,728 Consumer: 1-4 family residential 340,836 - 5,317 - 346,153 Auto loans 191,435 - 212 - 191,647 Other consumer 70,075 - 134 - 70,209 Construction 78,401 - - - 78,401 Total $ 1,911,960 $ 18,749 $ 26,488 $ - $ 1,957,197 There were no loans restructured as troubled debt restructurings during the three-month period ended March 31, 2019 and the year ended December 31, 2018.

BORROWING ARRANGEMENTS

BORROWING ARRANGEMENTS	3 Months Ended
	Mar. 31, 2019
BORROWING ARRANGEMENTS [Abstract]
BORROWING ARRANGEMENTS	4. BORROWING ARRANGEMENTS Subordinated debt securities In January 2014, the Company issued $20.9 million in subordinated debt securities. These securities pay interest quarterly and mature January 2024. There was $6.5 million issued at a current rate of 4% and $14.4 million at a current rate of 5%. These rates were fixed for five years and then float at Wall Street Journal In December 2018, the Company issued $26.5 million in subordinated debt securities. $12.4 million of the securities have a maturity date of December 2028 and an average fixed rate of 5.74% for the first five years. The remaining $14.1 million of securities have a maturity date of December 2030 and an average fixed rate of 6.41% for the first seven years. After the fixed rate periods, all securities will float at the Wall Street Journal prime rate, with a floor of 4.5% and a ceiling of 7.5%. These securities pay interest quarterly, are unsecured, and may be called by the Company at any time after the remaining maturity is five years or less. Additionally, these securities qualify for Tier 2 capital treatment, subject to regulatory limitations.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	3 Months Ended
	Mar. 31, 2019
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	5. EMPLOYEE BENEFITS Non-Qualified Plans As a result of the Company becoming a reporting company with the SEC, the Company is now required to use the fair value method for these SARs. The Company’s calculation of the fair value of the SARs, as of January 1, 2019, exceeded the recorded intrinsic value by $1.6 million. Therefore, the Company recorded a cumulative-effect adjustment to retained earnings for $1.3 million ($1.6 million net of $340,000 in tax) effective January 1, 2019 and applied this change prospectively. The Company recorded expense of $607,000 for the increase in the intrinsic value of the SARs, prior to the change to the fair value method, and the change in fair value of the SARs at March 31, 2019.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2019
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	6. STOCK-BASED COMPENSATION Equity Incentive Plan The 2019 Equity Incentive Plan (“Plan”) was approved by the Company’s Board of Directors on January 16, 2019 and by its shareholders on March 6, 2019. The purpose of this Plan is to: (i) attract and retain the best available personnel for positions of substantial responsibility, (ii) provide additional incentive to employees, directors and consultants, and (iii) promote the success of the Company’s business. This Plan permits the grant of incentive stock options, nonstatutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares, and other stock-based awards. The maximum aggregate number of shares of common stock that may be issued pursuant to all awards under the Plan is 2,300,000. The maximum aggregate number of shares that may be issued under the Plan may be increased annually by up to 3% of the total issued and outstanding common shares of the Company at the beginning of each fiscal year. The fair value of each option award is estimated on the date of grant using a closed form option valuation (“Black-Scholes”) model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock and similar peer company averages. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted represents the period of time that options granted are expected to be outstanding, which takes in to account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on U.S. Treasury yield curve in effect at the time of the grant. Options A summary of activity in the Plan during the three months ended March 31, 2019: Number Weighted- Weighted- Contractual Life in Years Aggregate Intrinsic Value Three Months Ended March 31, 2019 Outstanding at beginning of year: - $ - - $ - Granted 10,342 21.32 9.97 - Exercised - - - - Forfeited - - - - Balance, March 31, 2019 10,342 $ 21.32 9.97 $ - Exercisable at end of period - $ - - $ - Vested at end of period - $ - - $ - A summary of assumptions used to calculate the fair values of the awards is presented below: Three Months Ended March 31, 2019 Expected volatility 27.46 % Expected dividend yield 0.70 % Expected term (years) 6.0 Risk-free interest rate 2.39 % Weighted average grant date fair value $ 6.15 Further, on January 16, 2019, the Company approved the conversion of its previously issued SARs to stock options. There were 1,401,000 outstanding SARs that were converted effective as of May 6, 2019. Restricted Stock Awards and Units A summary of activity in the Plan during the three months ended March 31, 2019: Number Weighted- Three Months Ended March 31, 2019 Outstanding at beginning of year: - $ - Granted 52,764 19.41 Exercised - - Forfeited - - Balance, March 31, 2019 52,764 $ 19.41 Exercisable at end of period - $ - Vested at end of period - $ - Restricted stock granted typically vests over five years, but vesting periods may vary. Compensation expense for these grants will be recognized over the vesting period of the awards based on the fair value of the stock at the issue date. The total unrecognized compensation cost for the awards outstanding under the Plan at March 31, 2019 was $1.2 million and will be recognized over a weighted average remaining period of 2.30 years. Employment Agreement Effective March 6, 2019, the Company entered into an employment agreement with its President. The employment agreement has an initial term of three years and will automatically renew for additional three-year terms, unless the Company or the President provides 90-days’ advance notice of non-renewal. In the event that the President’s employment is terminated by the Company without cause or by the President for good reason, each as defined in the employment agreement, the employment agreement provides that he will receive severance equal to two times the sum of his annual base salary and annual target cash incentive bonus and a lump sum payment equal to 24 months’ of the monthly premiums to continue existing healthcare coverage under thre Consolidated Omnibus Budget Reconciliation Act (“COBRA”). If such involuntary termination occurs within the 24-month period following a change in control, as defined in the employment agreement, in lieu of the foregoing, the severance due would be three times the sum of annual base salary and annual target cash incentive bonus and a lump sum payment equal to 36 months’ of the monthly premiums to continue existing healthcare coverage under COBRA. Additionally, any equity and phantom equity awards would fully vest upon any termination of employment by the Company without cause or by the President for good reason.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2019
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	7. COMMITMENTS AND CONTINGENCIES Financial instruments with off-balance-sheet risk Financial instruments whose contract amounts represent credit risk outstanding follow: March 31, 2019 December 31, 2018 Commitments to grant loans and unfunded commitments under lines of credit $ 387,170 $ 346,245 Standby letters-of-credit 6,054 5,062 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Standby letters-of-credit are conditional commitments issued by the Company to guaran-tee the performance of a customer to a third party. Those letters-of-credit are primarily issued to support public and private borrowing arrangements. Essentially all letters-of-credit issued have expiration dates within one year. The credit risk involved in issuing letters-of-credit is essentially the same as that involved in extending loan facilities to customers. The Company requires collateral supporting those commitments if deemed necessary. Litigation FHLB Letters of Credit

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS	3 Months Ended
	Mar. 31, 2019
CAPITAL AND REGULATORY MATTERS [Abstract]
CAPITAL AND REGULATORY MATTERS	8. CAPITAL AND REGULATORY MATTERS The Company and its bank subsidiary are subject to various regulatory capital requirements administered by its banking regulators. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and its bank subsidiary’s financial statements. Under capital guidelines and the regulatory framework for prompt corrective action, the Company and its bank subsidiary must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. In July 2013, the Federal Reserve Board published final rules for the adoption of the Basel III regulatory capital framework (“Basel III”). Basel III, among other things, (i) introduced a new capital measure called Common Equity Tier 1 ("CET1"), (ii) specified that Tier 1 capital consists of CET1 and Additional Tier 1 Capital instruments meeting specified requirements, (iii) defined Common Equity Tier 1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CET1 and not to the other components of capital and (iv) expanded the scope of the deductions/adjustments as compared to existing regulations. Basel III became effective for the Company and its bank subsidiary on January 1, 2016 with certain transition provisions fully phased-in on January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Company and its bank subsidiary to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of March 31, 2019 and December 31, 2018, that the Company and its bank subsidiary met all capital adequacy requirements to which they are subject. As of March 31, 2019, the bank subsidiary was well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since March 31, 2019 that management believes have changed the bank subsidiary’s category. The Company and its bank subsidiary’s actual capital amounts and ratios follow: Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2019: Total Capital to Risk Weighted Assets: Consolidated $ 313,545 14.7 % $ 223,296 10.5 % N/A N/A City Bank 299,764 14.1 % 223,220 10.5 % $ 212,591 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 263,512 12.4 % 180,763 8.5 % N/A N/A City Bank 276,203 13.0 % 180,702 8.5 % 170,072 8.0 % Common Tier 1 (CET1): Consolidated 218,512 10.3 % 148,864 7.0 % N/A N/A City Bank 276,203 13.0 % 148,813 7.0 % 138,184 6.5 % Tier I Capital to Average Assets: Consolidated 263,512 9.7 % 108,707 4.0 % N/A N/A City Bank 276,203 10.2 % 108,619 4.0 % 135,773 5.0 % December 31, 2018: Total Capital to Risk Weighted Assets: Consolidated $ 309,798 14.3 % $ 214,301 9.9 % N/A N/A City Bank 294,572 13.6 % 214,246 9.9 % $ 216,958 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 260,020 12.0 % 170,898 7.9 % N/A N/A City Bank 271,266 12.5 % 170,855 7.9 % 173,567 8.0 % Common Tier 1 (CET1): Consolidated 215,020 9.9 % 138,346 6.4 % N/A N/A City Bank 271,266 12.5 % 138,311 6.4 % 141,023 6.5 % Tier I Capital to Average Assets: Consolidated 260,020 9.6 % 108,033 4.0 % N/A N/A City Bank 271,266 10.1 % 107,940 4.0 % 134,925 5.0 % State banking regulations place certain restrictions on dividends paid by banks to their shareholders. Dividends paid by the Company’s bank subsidiary would be prohibited if the effect thereof would cause the bank subsidiary’s capital to be reduced below applicable minimum capital requirements.

DERIVATIVES

DERIVATIVES	3 Months Ended
	Mar. 31, 2019
DERIVATIVES [Abstract]
DERIVATIVES	9. DERIVATIVES The Company utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest-rate risk position. The notional amount of the interest rate swaps does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements. The following table reflects the fair value hedges included in the consolidated balance sheets: March 31, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities: Interest rate swaps related to fixed rate loans $ 1,076 $ 57 $ - $ - Included in other assets: Interest rate swaps related to fixed rate loans $ 9,781 $ 37 $ 10,917 $ 169 Mortgage banking derivatives The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets: March 31, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ - $ - $ - $ - Interest rate lock commitments 58,397 1,489 46,891 1,063 Total included in other assets $ 58,397 $ 1,489 $ 46,891 $ 1,063 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 52,671 $ 713 $ 54,998 $ 672 Interest rate lock commitments - - - - Total included in other liabilities $ 52,671 $ 713 $ 54,998 $ 672

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2019
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	10. EARNINGS PER SHARE The factors used in the earnings per share computation follow: Three Months Ended March 31, 2019 2018 Net income $ 4,773 $ 5,501 Weighted average common shares outstanding - basic 14,771,520 14,771,520 Effect of dilutive securities: Stock-based compensation awards 38 - Weighted average common shares outstanding - diluted 14,771,558 14,771,520 Basic earnings per share $ 0.32 $ 0.37 Diluted earnings per share $ 0.32 $ 0.37

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2019
SEGMENT INFORMATION [Abstract]
SEGMENT INFORMATION	11. SEGMENT INFORMATION Financial results by reportable segment are detailed below: Three months ended March 31, 2019 Banking Insurance Consolidated Net interest income $ 24,546 $ - $ 24,546 Provision for loan loss (608 ) - (608 ) Noninterest income 10,371 1,704 12,075 Noninterest expense (29,073 ) (963 ) (30,036 ) Income before income taxes 5,236 741 5,977 Income tax (expense) benefit (1,140 ) (64 ) (1,204 ) Net income $ 4,096 $ 677 $ 4,773 Three months ended March 31, 2018 Banking Insurance Consolidated Net interest income $ 22,718 $ - $ 22,718 Provision for loan loss (778 ) - (778 ) Noninterest income 10,135 1,333 11,468 Noninterest expense (26,954 ) (923 ) (27,877 ) Income before income taxes 5,121 410 5,531 Income tax (expense) benefit (30 ) - (30 ) Net income $ 5,091 $ 410 $ 5,501

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	3 Months Ended
	Mar. 31, 2019
FAIR VALUE DISCLOSURES [Abstract]
FAIR VALUE DISCLOSURES	12. FAIR VALUE DISCLOSURES Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability is not adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. Valuation techniques that are consistent with the market approach, the income approach and/or the cost approach are required by GAAP. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset. Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy for valuation inputs gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: • Level 1 Inputs • Level 2 Inputs • Level 3 Inputs The following table summarizes fair value measurements: Level 1 Level 2 Level 3 Total March 31, 2019 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,872 $ 10,329 $ - $ 85,201 State and municipal - 32,522 - 32,522 Mortgage-backed securities - 182,783 - 182,783 Asset-backed and other amortizing securities - 38,545 - 38,545 Loans held for sale (mandatory) - 19,652 - 19,652 Mortgage servicing rights - 1,433 - 1,433 Asset derivatives - 1,526 - 1,526 Liability derivatives - (770 ) - (770 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 8,083 8,083 Other real estate owned - - 2,340 2,340 Loans held for sale (best efforts) - 1,795 - 1,795 December31, 2018 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,419 $ 10,288 $ - $ 84,707 State and municipal - 32,310 - 32,310 Mortgage-backed securities - 182,256 - 182,256 Asset-backed and other amortizing securities - 38,923 - 38,923 Loans held for sale (mandatory) - 31,874 - 31,874 Mortgage servicing rights - 1,270 - 1,270 Asset derivatives - 1,232 - 1,232 Liability derivatives - (672 ) - (672 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 9,119 9,119 Other real estate owned - - 2,285 2,285 Loans held for sale (best efforts) - 6,508 - 6,508 Securities Loans held for sale (mandatory) Mortgage servicing rights Derivatives Impaired loans Foreclosed assets Loans held for sale (best efforts) The following table presents quantitative information about non-recurring Level 3 fair value measurements: Fair Value Valuation Techniques Unobservable Inputs Range of Discounts March 31, 2019 Impaired loans $ 8,083 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,340 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % December 31, 2018 Impaired loans $ 9,119 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,285 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % The estimated fair values, and related carrying amounts, of the Company’s financial instruments are as follows: Carrying Level 1 Level 2 Level 3 Total March 31, 2019 Financial assets: Cash and cash equivalents $ 339,410 $ 339,410 $ - $ - $ 339,410 Loans, net 1,891,802 - - 1,883,622 1,883,622 Accrued interest receivable 9,962 - 9,962 - 9,962 Bank-owned life insurance 57,499 - 57,499 - 57,499 Financial liabilities: Deposits $ 2,304,929 $ 2,112,179 $ 194,997 $ - $ 2,307,176 Accrued interest payable 2,360 - 2,360 - 2,360 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 26,472 - 26,472 - 26,472 Carrying Level 1 Level 2 Level 3 Total Fair Value December 31, 2018 Financial assets: Cash and cash equivalents $ 245,989 $ 245,989 $ - $ - $ 245,989 Loans, net 1,934,071 - - 1,923,167 1,923,167 Accrued interest receivable 12,957 - 12,957 - 12,957 Bank-owned life insurance 57,172 - 57,172 - 57,172 Financial liabilities: Deposits $ 2,277,454 $ 1,965,925 $ 312,524 $ - $ 2,278,449 Accrued interest payable 2,042 - 2,042 - 2,042 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 34,002 - 34,002 - 34,002

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2019
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	13. SUBSEQUENT EVENTS The Company consummated the underwritten initial public offering of its common stock in May 2019. The common stock is traded on the NASDAQ Global Select Market under the ticker symbol “SPFI.” In connection with the offering, the Company issued and sold 3,207,000 shares of our common stock, including 507,000 shares of common stock sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, in the initial public offering at an offering price to the public of $17.50 per share, for aggregate gross proceeds of $56.1 million before deducting underwriting discounts and estimated offering expenses, and estimated aggregate net proceeds of approximately $51.4 million after deducting underwriting discounts and estimated offering expenses, which expenses are not yet finalized. The Company intends to use the net proceeds to support continued growth, including organic growth and potential future acquisitions, and for general corporate purposes.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries
Consolidation	The consolidated financial statements in this Quarterly Report on Form 10-Q (“Report”) include the accounts of SPFI and its wholly owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The interim consolidated financial statements in this Report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2018 in our prospectus filed with the SEC pursuant to Rule 424(b) of the Securities Act of 1933, as amended, on May 9, 2019. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.
Use of Estimates	Use of Estimates
Change in Capital Structure	Change in Capital Structure On March 11, 2019, the Company amended and restated its Certificate of Formation. The original Certificate of Formation was amended to change the capital structure to authorize the issuance of 30,000,000 shares of common stock, par value $1.00 per share. The Company completed a 29-to-1 stock split of the Company’s outstanding shares of common stock for shareholders of record as of March 11, 2019. The stock split was payable in the form of a dividend on or about March 11, 2019. Shareholders received 29 additional shares for each share held as of the record date. All share and per share amounts in the consolidated financial statements have been retroactively adjusted to reflect this stock split for all periods presented.
Pro Forma Information	Pro Forma Information In accordance with applicable provisions of the Internal Revenue Code, the terms of our employee stock ownership plan (“ESOP”), provided that, for so long as we were a privately held company, ESOP participants would have the right, for a specified period of time, to require us to repurchase shares of our common stock that are distributed to them by the ESOP. This repurchase obligation terminated upon the consummation of our initial public offering and listing of our common stock on the NASDAQ Global Select Market in May 2019. However, because we were privately held during the periods covered by the Report, the shares of common stock held by the ESOP are reflected in our consolidated balance sheets as a line item called ESOP-owned shares, appearing between total liabilities and stockholders’ equity. As a result, the value of ESOP-owned shares are deducted from stockholders’ equity in our consolidated balance sheet for the periods included in this Report. The consolidated balance sheet in this Report includes a pro forma column, which assumes that the ESOP repurchase obligation has terminated as of the date presented in the Report. For all periods following our initial public offering and continued listing of our common stock on the NASDAQ Global Select Market, the ESOP-owned shares will be included in, and not be deducted from, stockholders’ equity.
Change in Accounting Principle	Change in Accounting Principle
Stock-based Compensation	Stock-based Compensation
Recent Accounting Pronouncements	Recent Accounting Pronouncements Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) ASU 2016-01 Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ASU 2016-13 Financial Instruments - Credit Losses (Topic 326).

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Subsidiaries Information	Subsidiaries of SPFI follow: Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2019
SECURITIES [Abstract]
Amortized Cost and Fair Value of Securities, with Gross Unrealized Gains and Losses	The amortized cost and fair value of securities, with gross unrealized gains and losses, at period-end follow: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair March 31, 2019 Available for sale: U.S. government and agencies $ 85,217 $ 26 $ (42 ) $ 85,201 State and municipal 32,118 566 (163 ) 32,521 Mortgage-backed securities 182,684 1,092 (992 ) 182,784 Asset-backed and other amortizing securities 38,965 33 (453 ) 38,545 $ 338,984 $ 1,717 $ (1,650 ) $ 339,051 Amortized Gross Unrealized Gains Gross Unrealized Fair Value December 31, 2018 Available for sale: U.S. government and agencies $ 84,765 $ 18 $ (76 ) $ 84,707 State and municipal 32,205 480 (375 ) 32,310 Mortgage-backed securities 184,267 29 (2,040 ) 182,256 Asset-backed and other amortizing securities 39,799 1 (877 ) 38,923 $ 341,036 $ 528 $ (3,368 ) $ 338,196
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of debt securities at March 31, 2019 are presented below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Other securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 78,370 $ 78,356 After 1 year through 5 years 7,317 7,318 After 5 years through 10 years 12,006 11,997 After 10 years 19,642 20,051 Other 221,649 221,329 $ 338,984 $ 339,051
Securities with Unrealized Losses Segregated by the Period in a Loss Position	The following table segregates securities with unrealized losses at the periods indicated, by the duration they have been in a loss position: Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss March 31, 2019 U.S. government and agencies $ 74,872 $ 9 $ 5,553 $ 33 $ 80,425 $ 42 State and municipal 918 1 13,443 162 14,361 163 Mortgage-backed securities - - 53,083 992 53,083 992 Asset-backed and other amortizing securities - - 34,060 453 34,060 453 $ 75,790 $ 10 $ 106,139 $ 1,640 $ 181,929 $ 1,650 December 31, 2018 U.S. government and agencies $ 77,891 $ 27 $ 2,048 $ 49 $ 79,939 $ 76 State and municipal 5,662 92 9,781 283 15,443 375 Mortgage-backed securities 108,962 293 54,035 1,747 162,997 2,040 Asset-backed and other amortizing securities - - 37,351 877 37,351 877 $ 192,515 $ 412 $ 103,215 $ 2,956 $ 295,730 $ 3,368

LOANS (Tables)

LOANS (Tables)	3 Months Ended
	Mar. 31, 2019
LOANS [Abstract]
Summary of Loans by Category	Loans are summarized by category as follows: March 31, December 31, Commercial real estate $ 528,598 $ 538,037 Commercial - specialized 258,975 305,022 Commercial - general 413,093 427,728 Consumer: 1-4 family residential 354,981 346,153 Auto loans 200,366 191,647 Other consumer 71,939 70,209 Construction 87,231 78,401 1,915,183 1,957,197 Allowance for loan losses (23,381 ) (23,126 ) Loans, net $ 1,891,802 $ 1,934,071
Activity in Allowance for Loan Losses and Investment in Loans Disaggregated Based on Method of Evaluating Impairment	The following table details the activity in the allowance for loan losses. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the three months ended March 31, 2019 Commercial real estate $ 5,579 $ (352 ) $ - $ 108 $ 5,335 Commercial - specialized 2,516 (179 ) (33 ) 23 2,327 Commercial - general 8,173 262 (4 ) 73 8,504 Consumer: 1-4 family residential 2,249 156 (19 ) 30 2,416 Auto loans 2,994 299 (259 ) 33 3,067 Other consumer 1,192 212 (279 ) 49 1,174 Construction 423 210 (75 ) - 558 Total $ 23,126 $ 608 $ (669 ) $ 316 $ 23,381 For the three months ended March 31, 2018 Commercial real estate $ 3,769 $ 1,360 $ - $ - $ 5,129 Commercial - specialized 2,367 265 (38 ) 56 2,650 Commercial - general 10,151 (1,313 ) (100 ) 187 8,925 Consumer: 1-4 family residential 1,787 (359 ) (1 ) - 1,427 Auto loans 2,068 521 (235 ) 32 2,386 Other consumer 971 253 (207 ) 36 1,053 Construction 348 51 - - 399 Total $ 21,461 $ 778 $ (581 ) $ 311 $ 21,969 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment: Recorded Investment Allowance for Loan Losses Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated March 31, 2019 Commercial real estate $ 473 $ 528,125 $ - $ 5,335 Commercial - specialized 2,045 256,930 68 2,259 Commercial - general 2,856 410,237 335 8,169 Consumer: 1-4 family residential 2,590 352,391 120 2,296 Auto loans - 200,366 - 3,067 Other consumer - 71,939 - 1,174 Construction 702 86,529 60 498 Total $ 8,666 $ 1,906,517 $ 583 $ 22,798 December 31, 2018 Commercial real estate $ 1,819 $ 536,218 $ - $ 5,579 Commercial - specialized 2,116 302,906 - 2,516 Commercial - general 2,950 424,778 233 7,940 Consumer: 1-4 family residential 2,475 343,678 8 2,241 Auto loans - 191,647 - 2,994 Other consumer - 70,209 - 1,192 Construction - 78,401 - 423 Total $ 9,360 $ 1,947,837 $ 241 $ 22,885
Impaired Loan Information	Impaired loan information follows: Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment March 31, 2019 Commercial real estate $ 928 $ 473 $ - $ 473 $ - $ 1,146 Commercial - specialized 2,045 1,359 686 2,045 68 2,081 Commercial - general 4,664 180 2,676 2,856 335 2,903 Consumer: 1-4 family 3,009 2,131 459 2,590 120 2,533 Auto loans - - - - - - Other consumer - - - - - - Construction 777 345 357 702 60 351 Total $ 11,423 $ 4,488 $ 4,178 $ 8,666 $ 583 $ 9,014 December 31, 2018 Commercial real estate $ 2,274 $ 1,819 $ - $ 1,819 $ - $ 4,590 Commercial - specialized 2,116 2,116 - 2,116 - 3,742 Commercial - general 4,758 240 2,710 2,950 233 3,963 Consumer: 1-4 family 2,894 2,111 364 2,475 8 2,881 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 12,042 $ 6,286 $ 3,074 $ 9,360 $ 241 $ 15,176
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans	The table below provides an age analysis on accruing past-due loans and nonaccrual loans: 30-89 Days Past Due 90 Days or More Past Due Nonaccrual March 31, 2019 Commercial real estate $ 1,493 $ - $ 200 Commercial - specialized 402 - 2,753 Commercial - general 2,432 - 2,170 Consumer: 1-4 Family residential 1,839 186 1,831 Auto loans 808 33 Other consumer 683 61 Construction 646 - 703 Total $ 8,303 $ 280 $ 7,657 December 31, 2018 Commercial real estate $ 1,748 $ - $ 217 Commercial - specialized 992 - 2,550 Commercial - general 2,625 - 2,134 Consumer: 1-4 Family residential 1,611 440 1,489 Auto loans 825 50 Other consumer 883 74 Construction - - - Total $ 8,684 $ 564 $ 6,390
Summary of Internal Classifications of Loans	The following table summarizes the internal classifications of loans: Pass Special Mention Substandard Doubtful Total March 31, 2019 Commercial real estate $ 503,424 $ 19,919 $ 5,255 $ - $ 528,598 Commercial - specialized 255,433 - 3,542 - 258,975 Commercial - general 400,960 1,375 10,758 - 413,093 Consumer: 1-4 family residential 349,532 - 5,449 - 354,981 Auto loans 200,129 - 237 - 200,366 Other consumer 71,766 - 173 - 71,939 Construction 86,529 - 702 - 87,231 Total $ 1,867,773 $ 21,294 $ 26,116 $ - $ 1,915,183 December 31, 2018 Commercial real estate $ 514,249 $ 17,300 $ 6,488 $ - $ 538,037 Commercial - specialized 301,289 - 3,733 - 305,022 Commercial - general 415,675 1,449 10,604 - 427,728 Consumer: 1-4 family residential 340,836 - 5,317 - 346,153 Auto loans 191,435 - 212 - 191,647 Other consumer 70,075 - 134 - 70,209 Construction 78,401 - - - 78,401 Total $ 1,911,960 $ 18,749 $ 26,488 $ - $ 1,957,197

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2019
STOCK-BASED COMPENSATION [Abstract]
Summary of Stock Option Activity	Options A summary of activity in the Plan during the three months ended March 31, 2019: Number Weighted- Weighted- Contractual Life in Years Aggregate Intrinsic Value Three Months Ended March 31, 2019 Outstanding at beginning of year: - $ - - $ - Granted 10,342 21.32 9.97 - Exercised - - - - Forfeited - - - - Balance, March 31, 2019 10,342 $ 21.32 9.97 $ - Exercisable at end of period - $ - - $ - Vested at end of period - $ - - $ -
Summary of Assumptions Used to Calculate Fair Value of Awards	A summary of assumptions used to calculate the fair values of the awards is presented below: Three Months Ended March 31, 2019 Expected volatility 27.46 % Expected dividend yield 0.70 % Expected term (years) 6.0 Risk-free interest rate 2.39 % Weighted average grant date fair value $ 6.15
Summary of Activity of Restricted Stock Awards and Units	A summary of activity in the Plan during the three months ended March 31, 2019: Number Weighted- Three Months Ended March 31, 2019 Outstanding at beginning of year: - $ - Granted 52,764 19.41 Exercised - - Forfeited - - Balance, March 31, 2019 52,764 $ 19.41 Exercisable at end of period - $ - Vested at end of period - $ -

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2019
COMMITMENTS AND CONTINGENCIES [Abstract]
Financial Instrument Whose Contract Amounts Represent Credit Risk Outstanding	Financial instruments whose contract amounts represent credit risk outstanding follow: March 31, 2019 December 31, 2018 Commitments to grant loans and unfunded commitments under lines of credit $ 387,170 $ 346,245 Standby letters-of-credit 6,054 5,062

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS (Tables)	3 Months Ended
	Mar. 31, 2019
CAPITAL AND REGULATORY MATTERS [Abstract]
Actual Capital Amounts and Ratios	The Company and its bank subsidiary’s actual capital amounts and ratios follow: Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2019: Total Capital to Risk Weighted Assets: Consolidated $ 313,545 14.7 % $ 223,296 10.5 % N/A N/A City Bank 299,764 14.1 % 223,220 10.5 % $ 212,591 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 263,512 12.4 % 180,763 8.5 % N/A N/A City Bank 276,203 13.0 % 180,702 8.5 % 170,072 8.0 % Common Tier 1 (CET1): Consolidated 218,512 10.3 % 148,864 7.0 % N/A N/A City Bank 276,203 13.0 % 148,813 7.0 % 138,184 6.5 % Tier I Capital to Average Assets: Consolidated 263,512 9.7 % 108,707 4.0 % N/A N/A City Bank 276,203 10.2 % 108,619 4.0 % 135,773 5.0 % December 31, 2018: Total Capital to Risk Weighted Assets: Consolidated $ 309,798 14.3 % $ 214,301 9.9 % N/A N/A City Bank 294,572 13.6 % 214,246 9.9 % $ 216,958 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 260,020 12.0 % 170,898 7.9 % N/A N/A City Bank 271,266 12.5 % 170,855 7.9 % 173,567 8.0 % Common Tier 1 (CET1): Consolidated 215,020 9.9 % 138,346 6.4 % N/A N/A City Bank 271,266 12.5 % 138,311 6.4 % 141,023 6.5 % Tier I Capital to Average Assets: Consolidated 260,020 9.6 % 108,033 4.0 % N/A N/A City Bank 271,266 10.1 % 107,940 4.0 % 134,925 5.0 %

DERIVATIVES (Tables)

DERIVATIVES (Tables)	3 Months Ended
	Mar. 31, 2019
DERIVATIVES [Abstract]
Fair Value Hedges	The following table reflects the fair value hedges included in the consolidated balance sheets: March 31, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities: Interest rate swaps related to fixed rate loans $ 1,076 $ 57 $ - $ - Included in other assets: Interest rate swaps related to fixed rate loans $ 9,781 $ 37 $ 10,917 $ 169
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets: March 31, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ - $ - $ - $ - Interest rate lock commitments 58,397 1,489 46,891 1,063 Total included in other assets $ 58,397 $ 1,489 $ 46,891 $ 1,063 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 52,671 $ 713 $ 54,998 $ 672 Interest rate lock commitments - - - - Total included in other liabilities $ 52,671 $ 713 $ 54,998 $ 672

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2019
EARNINGS PER SHARE [Abstract]
Factors Used in Earnings Per Share Computation	The factors used in the earnings per share computation follow: Three Months Ended March 31, 2019 2018 Net income $ 4,773 $ 5,501 Weighted average common shares outstanding - basic 14,771,520 14,771,520 Effect of dilutive securities: Stock-based compensation awards 38 - Weighted average common shares outstanding - diluted 14,771,558 14,771,520 Basic earnings per share $ 0.32 $ 0.37 Diluted earnings per share $ 0.32 $ 0.37

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2019
SEGMENT INFORMATION [Abstract]
Financial Results by Reportable Segment	Financial results by reportable segment are detailed below: Three months ended March 31, 2019 Banking Insurance Consolidated Net interest income $ 24,546 $ - $ 24,546 Provision for loan loss (608 ) - (608 ) Noninterest income 10,371 1,704 12,075 Noninterest expense (29,073 ) (963 ) (30,036 ) Income before income taxes 5,236 741 5,977 Income tax (expense) benefit (1,140 ) (64 ) (1,204 ) Net income $ 4,096 $ 677 $ 4,773 Three months ended March 31, 2018 Banking Insurance Consolidated Net interest income $ 22,718 $ - $ 22,718 Provision for loan loss (778 ) - (778 ) Noninterest income 10,135 1,333 11,468 Noninterest expense (26,954 ) (923 ) (27,877 ) Income before income taxes 5,121 410 5,531 Income tax (expense) benefit (30 ) - (30 ) Net income $ 5,091 $ 410 $ 5,501

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	3 Months Ended
	Mar. 31, 2019
FAIR VALUE DISCLOSURES [Abstract]
Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis	The following table summarizes fair value measurements: Level 1 Level 2 Level 3 Total March 31, 2019 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,872 $ 10,329 $ - $ 85,201 State and municipal - 32,522 - 32,522 Mortgage-backed securities - 182,783 - 182,783 Asset-backed and other amortizing securities - 38,545 - 38,545 Loans held for sale (mandatory) - 19,652 - 19,652 Mortgage servicing rights - 1,433 - 1,433 Asset derivatives - 1,526 - 1,526 Liability derivatives - (770 ) - (770 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 8,083 8,083 Other real estate owned - - 2,340 2,340 Loans held for sale (best efforts) - 1,795 - 1,795 December31, 2018 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,419 $ 10,288 $ - $ 84,707 State and municipal - 32,310 - 32,310 Mortgage-backed securities - 182,256 - 182,256 Asset-backed and other amortizing securities - 38,923 - 38,923 Loans held for sale (mandatory) - 31,874 - 31,874 Mortgage servicing rights - 1,270 - 1,270 Asset derivatives - 1,232 - 1,232 Liability derivatives - (672 ) - (672 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 9,119 9,119 Other real estate owned - - 2,285 2,285 Loans held for sale (best efforts) - 6,508 - 6,508
Quantitative Information about Non-Recurring Level 3 Fair Value Measurements	The following table presents quantitative information about non-recurring Level 3 fair value measurements: Fair Value Valuation Techniques Unobservable Inputs Range of Discounts March 31, 2019 Impaired loans $ 8,083 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,340 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % December 31, 2018 Impaired loans $ 9,119 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,285 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 %
Estimated Fair Values, and Related Carrying Amounts of Financial Instruments	The estimated fair values, and related carrying amounts, of the Company’s financial instruments are as follows: Carrying Level 1 Level 2 Level 3 Total March 31, 2019 Financial assets: Cash and cash equivalents $ 339,410 $ 339,410 $ - $ - $ 339,410 Loans, net 1,891,802 - - 1,883,622 1,883,622 Accrued interest receivable 9,962 - 9,962 - 9,962 Bank-owned life insurance 57,499 - 57,499 - 57,499 Financial liabilities: Deposits $ 2,304,929 $ 2,112,179 $ 194,997 $ - $ 2,307,176 Accrued interest payable 2,360 - 2,360 - 2,360 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 26,472 - 26,472 - 26,472 Carrying Level 1 Level 2 Level 3 Total Fair Value December 31, 2018 Financial assets: Cash and cash equivalents $ 245,989 $ 245,989 $ - $ - $ 245,989 Loans, net 1,934,071 - - 1,923,167 1,923,167 Accrued interest receivable 12,957 - 12,957 - 12,957 Bank-owned life insurance 57,172 - 57,172 - 57,172 Financial liabilities: Deposits $ 2,277,454 $ 1,965,925 $ 312,524 $ - $ 2,278,449 Accrued interest payable 2,042 - 2,042 - 2,042 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 34,002 - 34,002 - 34,002

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Mar. 11, 2019$ / sharesshares	Mar. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Change in Capital Structure [Abstract]
Number of common stock shares authorized after change in capital structure (in shares) | shares	30,000,000	30,000,000	30,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1	$ 1
Stock split ratio	29
Pro Forma Information [Abstract]
Federal tax rate		21.00%
Change in Accounting Principle [Abstract]
Cumulative-effect adjustment to retained earnings, net		$ 1,300,000
Cumulative-effect adjustment to retained earnings, before tax		1,600,000
Cumulative-effect adjustment to retained earnings, tax		$ 340,000
City Bank [Member] | Bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		City Bank
Windmark Insurance Agency Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		Windmark Insurance Agency, Inc.
Ruidoso Retail, Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		Ruidoso Retail, Inc.
CB Provence, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		CB Provence, LLC
CBT Brushy Creek, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		CBT Brushy Creek, LLC
CBT Properties, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries		CBT Properties, LLC
South Plains Financial Capital Trusts (SPFCT) III-V [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Equity Method Subsidiaries		South Plains Financial Capital Trusts (SPFCT) III-V
Stock Appreciation Rights (SARs) [Member]
Change in Accounting Principle [Abstract]
Fair value in excess of recorded intrinsic value			$ 1,600,000

SECURITIES, Available for Sale

SECURITIES, Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available for sale [Abstract]
Amortized cost	$ 338,984	$ 341,036
Gross unrealized gains	1,717	528
Gross unrealized losses	(1,650)	(3,368)
Fair value	339,051	338,196
U.S. Government and Agencies [Member]
Available for sale [Abstract]
Amortized cost	85,217	84,765
Gross unrealized gains	26	18
Gross unrealized losses	(42)	(76)
Fair value	85,201	84,707
State and Municipal [Member]
Available for sale [Abstract]
Amortized cost	32,118	32,205
Gross unrealized gains	566	480
Gross unrealized losses	(163)	(375)
Fair value	32,521	32,310
Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	182,684	184,267
Gross unrealized gains	1,092	29
Gross unrealized losses	(992)	(2,040)
Fair value	182,784	182,256
Asset-backed and Other Amortizing Securities [Member]
Available for sale [Abstract]
Amortized cost	38,965	39,799
Gross unrealized gains	33	1
Gross unrealized losses	(453)	(877)
Fair value	$ 38,545	$ 38,923

SECURITIES, Amortized Cost and

SECURITIES, Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available for Sale, Amortized Cost [Abstract]
Within 1 year	$ 78,370
After 1 year through 5 years	7,317
After 5 years through 10 years	12,006
After 10 years	19,642
Other	221,649
Amortized cost	338,984	$ 341,036
Available for Sale, Fair Value [Abstract]
Within 1 year	78,356
After 1 year through 5 years	7,318
After 5 years through 10 years	11,997
After 10 years	20,051
Other	221,329
Fair value	$ 339,051	$ 338,196

SECURITIES, Securities Transfer

SECURITIES, Securities Transferred and Securities Pledged (Details) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
SECURITIES [Abstract]
Holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders' equity | Security	0	0
Carrying value of securities pledged to collateralize public deposits and for other purposes | $	$ 206.4	$ 200

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses, Available for Sale (Details) $ in Thousands	Mar. 31, 2019USD ($)Security	Dec. 31, 2018USD ($)
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 75,790	$ 192,515
12 months or more	106,139	103,215
Total	181,929	295,730
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	10	412
12 months or more	1,640	2,956
Total	$ 1,650	3,368
Number of securities with an unrealized loss | Security	65
U.S. Government and Agencies [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 74,872	77,891
12 months or more	5,553	2,048
Total	80,425	79,939
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	9	27
12 months or more	33	49
Total	42	76
State and Municipal [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	918	5,662
12 months or more	13,443	9,781
Total	14,361	15,443
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	1	92
12 months or more	162	283
Total	163	375
Mortgage-backed Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	108,962
12 months or more	53,083	54,035
Total	53,083	162,997
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	293
12 months or more	992	1,747
Total	992	2,040
Asset-backed and Other Amortizing Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	0
12 months or more	34,060	37,351
Total	34,060	37,351
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or more	453	877
Total	$ 453	$ 877

LOANS, Summary of Loans by Cate

LOANS, Summary of Loans by Category (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)Category	Dec. 31, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Summary of Loans by Category [Abstract]
Loans, gross	$ 1,915,183	$ 1,957,197
Allowance for loan losses	(23,381)	(23,126)	$ (21,969)	$ (21,461)
Loans, net	1,891,802	1,934,071
Commercial Real Estate [Member]
Summary of Loans by Category [Abstract]
Loans, gross	528,598	538,037
Allowance for loan losses	$ (5,335)	(5,579)	(5,129)	(3,769)
Commercial [Member]
Summary of Loans by Category [Abstract]
Number of sub-categories of loans | Category	2
Commercial [Member] | Specialized [Member]
Summary of Loans by Category [Abstract]
Loans, gross	$ 258,975	305,022
Allowance for loan losses	(2,327)	(2,516)	(2,650)	(2,367)
Commercial [Member] | General [Member]
Summary of Loans by Category [Abstract]
Loans, gross	413,093	427,728
Allowance for loan losses	(8,504)	(8,173)	(8,925)	(10,151)
Consumer [Member] | 1-4 Family Residential [Member]
Summary of Loans by Category [Abstract]
Loans, gross	354,981	346,153
Allowance for loan losses	(2,416)	(2,249)	(1,427)	(1,787)
Consumer [Member] | Auto Loans [Member]
Summary of Loans by Category [Abstract]
Loans, gross	200,366	191,647
Allowance for loan losses	(3,067)	(2,994)	(2,386)	(2,068)
Consumer [Member] | Other Consumer [Member]
Summary of Loans by Category [Abstract]
Loans, gross	71,939	70,209
Allowance for loan losses	(1,174)	(1,192)	(1,053)	(971)
Construction [Member]
Summary of Loans by Category [Abstract]
Loans, gross	87,231	78,401
Allowance for loan losses	$ (558)	$ (423)	$ (399)	$ (348)

LOANS, Activity in Allowance fo

LOANS, Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Allowance for Loan Losses [Roll Forward]
Beginning Balance	$ 23,126	$ 21,461
Provision for loan losses	608	778
Charge-offs	(669)	(581)
Recoveries	316	311
Ending Balance	23,381	21,969
Commercial Real Estate [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	5,579	3,769
Provision for loan losses	(352)	1,360
Charge-offs	0	0
Recoveries	108	0
Ending Balance	5,335	5,129
Commercial [Member] | Specialized [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	2,516	2,367
Provision for loan losses	(179)	265
Charge-offs	(33)	(38)
Recoveries	23	56
Ending Balance	2,327	2,650
Commercial [Member] | General [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	8,173	10,151
Provision for loan losses	262	(1,313)
Charge-offs	(4)	(100)
Recoveries	73	187
Ending Balance	8,504	8,925
Consumer [Member] | 1-4 Family Residential [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	2,249	1,787
Provision for loan losses	156	(359)
Charge-offs	(19)	(1)
Recoveries	30	0
Ending Balance	2,416	1,427
Consumer [Member] | Auto Loans [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	2,994	2,068
Provision for loan losses	299	521
Charge-offs	(259)	(235)
Recoveries	33	32
Ending Balance	3,067	2,386
Consumer [Member] | Other Consumer [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	1,192	971
Provision for loan losses	212	253
Charge-offs	(279)	(207)
Recoveries	49	36
Ending Balance	1,174	1,053
Construction [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	423	348
Provision for loan losses	210	51
Charge-offs	(75)	0
Recoveries	0	0
Ending Balance	$ 558	$ 399

LOANS, Investment in loans Disa

LOANS, Investment in loans Disaggregated Based on Method of Evaluating Impairment (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Recorded Investment [Abstract]
Individually Evaluated	$ 8,666	$ 9,360
Collectively Evaluated	1,906,517	1,947,837
Allowance for Loan Losses [Abstract]
Individually Evaluated	583	241
Collectively Evaluated	22,798	22,885
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated	473	1,819
Collectively Evaluated	528,125	536,218
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	5,335	5,579
Commercial [Member] | Specialized [Member]
Recorded Investment [Abstract]
Individually Evaluated	2,045	2,116
Collectively Evaluated	256,930	302,906
Allowance for Loan Losses [Abstract]
Individually Evaluated	68	0
Collectively Evaluated	2,259	2,516
Commercial [Member] | General [Member]
Recorded Investment [Abstract]
Individually Evaluated	2,856	2,950
Collectively Evaluated	410,237	424,778
Allowance for Loan Losses [Abstract]
Individually Evaluated	335	233
Collectively Evaluated	8,169	7,940
Consumer [Member] | 1-4 Family Residential [Member]
Recorded Investment [Abstract]
Individually Evaluated	2,590	2,475
Collectively Evaluated	352,391	343,678
Allowance for Loan Losses [Abstract]
Individually Evaluated	120	8
Collectively Evaluated	2,296	2,241
Consumer [Member] | Auto Loans [Member]
Recorded Investment [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	200,366	191,647
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	3,067	2,994
Consumer [Member] | Other Consumer [Member]
Recorded Investment [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	71,939	70,209
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	1,174	1,192
Construction [Member]
Recorded Investment [Abstract]
Individually Evaluated	702	0
Collectively Evaluated	86,529	78,401
Allowance for Loan Losses [Abstract]
Individually Evaluated	60	0
Collectively Evaluated	$ 498	$ 423

LOANS, Impaired Loan Informatio

LOANS, Impaired Loan Information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	$ 11,423	$ 12,042
Recorded Investment With No Allowance	4,488	6,286
Recorded Investment With Allowance	4,178	3,074
Total Recorded Investment	8,666	9,360
Related Allowance	583	241
Average Recorded Investment	9,014	15,176
Minimum [Member]
Impaired Loan Information [Abstract]
Threshold balance of loan to be specifically reviewed for impairment	250
Commercial Real Estate [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	928	2,274
Recorded Investment With No Allowance	473	1,819
Recorded Investment With Allowance	0	0
Total Recorded Investment	473	1,819
Related Allowance	0	0
Average Recorded Investment	1,146	4,590
Commercial [Member] | Specialized [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	2,045	2,116
Recorded Investment With No Allowance	1,359	2,116
Recorded Investment With Allowance	686	0
Total Recorded Investment	2,045	2,116
Related Allowance	68	0
Average Recorded Investment	2,081	3,742
Commercial [Member] | General [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	4,664	4,758
Recorded Investment With No Allowance	180	240
Recorded Investment With Allowance	2,676	2,710
Total Recorded Investment	2,856	2,950
Related Allowance	335	233
Average Recorded Investment	2,903	3,963
Consumer [Member] | 1-4 Family [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	3,009	2,894
Recorded Investment With No Allowance	2,131	2,111
Recorded Investment With Allowance	459	364
Total Recorded Investment	2,590	2,475
Related Allowance	120	8
Average Recorded Investment	2,533	2,881
Consumer [Member] | Auto Loans [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Consumer [Member] | Other Consumer [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Construction [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	777	0
Recorded Investment With No Allowance	345	0
Recorded Investment With Allowance	357	0
Total Recorded Investment	702	0
Related Allowance	60	0
Average Recorded Investment	$ 351	$ 0

LOANS, Age Analysis on Accruing

LOANS, Age Analysis on Accruing Past-due Loans and Nonaccrual Loans (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)Point	Dec. 31, 2018USD ($)
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	$ 7,657	$ 6,390
Number of points on a grading scale for loans | Point	13
30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 8,303	8,684
90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	280	564
Commercial Real Estate [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	200	217
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,493	1,748
Commercial Real Estate [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	0	0
Commercial [Member] | Specialized [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	2,753	2,550
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	402	992
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	0	0
Commercial [Member] | General [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	2,170	2,134
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	2,432	2,625
Commercial [Member] | General [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	0	0
Consumer [Member] | 1-4 Family Residential [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	1,831	1,489
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,839	1,611
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	186	440
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	808	825
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	33	50
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	683	883
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	61	74
Construction [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	703	0
Construction [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	646	0
Construction [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 0	$ 0

LOANS, Summary of Internal Clas

LOANS, Summary of Internal Classifications of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Loans by Internal Classifications [Abstract]
Loans	$ 1,915,183	$ 1,957,197
Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	1,867,773	1,911,960
Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	21,294	18,749
Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	26,116	26,488
Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial Real Estate [Member]
Loans by Internal Classifications [Abstract]
Loans	528,598	538,037
Commercial Real Estate [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	503,424	514,249
Commercial Real Estate [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	19,919	17,300
Commercial Real Estate [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	5,255	6,488
Commercial Real Estate [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | Specialized [Member]
Loans by Internal Classifications [Abstract]
Loans	258,975	305,022
Commercial [Member] | Specialized [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	255,433	301,289
Commercial [Member] | Specialized [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | Specialized [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	3,542	3,733
Commercial [Member] | Specialized [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | General [Member]
Loans by Internal Classifications [Abstract]
Loans	413,093	427,728
Commercial [Member] | General [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	400,960	415,675
Commercial [Member] | General [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	1,375	1,449
Commercial [Member] | General [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	10,758	10,604
Commercial [Member] | General [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | 1-4 Family Residential [Member]
Loans by Internal Classifications [Abstract]
Loans	354,981	346,153
Consumer [Member] | 1-4 Family Residential [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	349,532	340,836
Consumer [Member] | 1-4 Family Residential [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | 1-4 Family Residential [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	5,449	5,317
Consumer [Member] | 1-4 Family Residential [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Auto Loans [Member]
Loans by Internal Classifications [Abstract]
Loans	200,366	191,647
Consumer [Member] | Auto Loans [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	200,129	191,435
Consumer [Member] | Auto Loans [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Auto Loans [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	237	212
Consumer [Member] | Auto Loans [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Other Consumer [Member]
Loans by Internal Classifications [Abstract]
Loans	71,939	70,209
Consumer [Member] | Other Consumer [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	71,766	70,075
Consumer [Member] | Other Consumer [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Other Consumer [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	173	134
Consumer [Member] | Other Consumer [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Construction [Member]
Loans by Internal Classifications [Abstract]
Loans	87,231	78,401
Construction [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	86,529	78,401
Construction [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Construction [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	702	0
Construction [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	$ 0	$ 0

LOANS, Troubled Debt Restructur

LOANS, Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
LOANS [Abstract]
Troubled debt restructurings	$ 0	$ 0

BORROWING ARRANGEMENTS (Details

BORROWING ARRANGEMENTS (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended
	Jan. 31, 2019	Dec. 31, 2018	Mar. 31, 2019	Jan. 31, 2014
Subordinated Debt Securities [Abstract]
Outstanding balance		$ 34,002	$ 26,472
Subordinated Debt Securities Issued in January 2014 [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 20,900
Debt instrument, maturity date			Jan. 31, 2024
Amount of debt securities whose holders elected to subscribe to new offering		13,400
Amount of debt securities redeemed	$ 7,500
Outstanding balance			$ 7,500
Subordinated Debt Securities Issued in January 2014 [Member] | Debt Securities One [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 6,500
Debt instrument, current interest rate				4.00%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.00%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in January 2014 [Member] | Debt Securities Two [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 14,400
Debt instrument, current interest rate				5.00%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.00%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		26,500
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		$ 12,400
Debt instrument, maturity date			Dec. 31, 2028
Debt instrument, current interest rate		5.74%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.50%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member] | Maximum [Member]
Subordinated Debt Securities [Abstract]
Remaining maturity period during which debt can be called			5 years
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		$ 14,100
Debt instrument, maturity date			Dec. 31, 2030
Debt instrument, current interest rate		6.41%
Debt instrument, period of fixed interest rate			7 years
Debt instrument, variable interest rate, floor			4.50%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member] | Maximum [Member]
Subordinated Debt Securities [Abstract]
Remaining maturity period during which debt can be called			5 years

EMPLOYEE BENEFITS (Details)

EMPLOYEE BENEFITS (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Non-Qualified Plans [Abstract]
Cumulative-effect adjustment to retained earnings, net of tax amount	$ 1,300,000
Cumulative-effect adjustment to retained earnings, before tax amount	1,600,000
Cumulative-effect adjustment to retained earnings, tax amount	340,000
Stock Appreciation Rights [Member]
Non-Qualified Plans [Abstract]
Fair value in excess of recorded intrinsic value		$ 1,600,000
Stock Appreciation Rights [Member] | Nonqualified Plans [Member]
Non-Qualified Plans [Abstract]
Liabilities for cost of benefits accrued		10,600,000
Fair value in excess of recorded intrinsic value		$ 1,600,000
Cumulative-effect adjustment to retained earnings, net of tax amount	1,300,000
Cumulative-effect adjustment to retained earnings, before tax amount	1,600,000
Cumulative-effect adjustment to retained earnings, tax amount	340,000
Employee benefits expense	$ 607,000

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - 2019 Equity Incentive Plan [Member]	Mar. 06, 2019shares
Equity Incentive Plan [Abstract]
Maximum aggregate number of shares of common stock that may be issued (in shares)	2,300,000
Maximum [Member]
Equity Incentive Plan [Abstract]
Annual increase in number of shares that may be issued	3.00%

STOCK-BASED COMPENSATION, Stock

STOCK-BASED COMPENSATION, Stock Options Activity (Details) - 2019 Equity Incentive Plan [Member] - Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares)	0
Granted (in shares)	10,342
Exercised (in shares)	0
Forfeited (in shares)	0
Balance at end of period (in shares)	10,342	0
Exercisable at end of period (in shares)	0
Vested at end of period (in shares)	0
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share)	$ 0
Granted (in dollars per share)	21.32
Exercised (in dollars per share)	0
Forfeited (in dollars per share)	0
Balance at end of period (in dollars per share)	21.32	$ 0
Exercisable at end of period (in dollar per share)	0
Vested at end of period (in dollars per share)	$ 0
Weighted Average Remaining Contractual Life in Years [Abstract]
Options Outstanding	9 years 11 months 19 days	0 years
Granted	9 years 11 months 19 days
Exercised	0 years
Forfeited	0 years
Exercisable at end of period	0 years
Vested at end of period	0 years
Aggregate Intrinsic Value [Abstract]
Outstanding at beginning of year	$ 0
Granted	0
Exercised	0
Forfeited	0
Balance at end of period	0	$ 0
Exercisable at end of period	0
Vested at end of period	$ 0

STOCK-BASED COMPENSATION, Fair

STOCK-BASED COMPENSATION, Fair Value Assumptions (Details) - $ / shares	3 Months Ended
	Mar. 31, 2019	May 06, 2019
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility	27.46%
Expected dividend yield	0.70%
Expected term	6 years
Risk-free interest rate	2.39%
Weighted average grant date fair value (in dollars per share)	$ 6.15
2019 Equity Incentive Plan [Member] | Stock Appreciation Rights (SARs) [Member] | Subsequent Event [Member]
Equity Incentive Plan [Abstract]
Number of outstanding shares converted (in shares)		1,401,000

STOCK-BASED COMPENSATION, Restr

STOCK-BASED COMPENSATION, Restricted Stock Awards and Units (Details) - Restricted Stock Awards [Member] $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares) | shares	0
Granted (in shares) | shares	52,764
Exercised (in shares) | shares	0
Forfeited (in shares) | shares	0
Balance at ending of period (in shares) | shares	52,764
Exercisable at end of period (in shares) | shares	0
Vested at end of period (in shares) | shares	0
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollar per share) | $ / shares	$ 0
Granted (in dollars per share) | $ / shares	19.41
Exercised (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	0
Balance at ending of period (in dollars per share) | $ / shares	19.41
Exercisable at end of period (in dollars per share) | $ / shares	0
Vested at end of period (in dollars per share) | $ / shares	$ 0
Award vesting period	5 years
Unrecognized compensation cost | $	$ 1.2
Weighted average remaining period, recognition of compensation cost	2 years 3 months 18 days

STOCK-BASED COMPENSATION, Emplo

STOCK-BASED COMPENSATION, Employment Agreement (Details) - President [Member]	Mar. 06, 2019
Employment Agreement [Abstract]
Initial term of employment agreement	3 years
Automatic renewal term of employment agreement	3 years
Period of advance notice of non-renewal	90 days
Severance pay as percentage of sum of annual base salary and annual target cash incentive bonus in event of termination without cause or for good reason	200.00%
Period of monthly premiums to continue existing healthcare coverage under COBRA paid in lump sum in event of termination without cause or for good reason	24 months
Severance pay as percentage of sum of annual base salary and annual target cash incentive bonus in event of involuntary termination within 24-month period following change in control	300.00%
Period of monthly premiums to continue existing healthcare coverage under COBRA paid in lump sum in event of involuntary termination within 24-month period following change in control	36 months

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
FHLB Letters of Credit [Abstract]
Letters of credit outstanding balance	$ 199,000	$ 199,000
Commitments to Grant Loans and Unfunded Commitments Under Lines of Credit [Member]
Financial instruments with off-balance-sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	387,170	346,245
Standby Letters-of-credit [Member]
Financial instruments with off-balance-sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	$ 6,054	$ 5,062

CAPITAL AND REGULATORY MATTER_2

CAPITAL AND REGULATORY MATTERS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Consolidated [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 313,545	$ 309,798
Actual, Ratio	14.70%	14.30%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 223,296	$ 214,301
Minimum Required Under BASEL III Fully Phased-In, Ratio	10.50%	9.90%
Tier I Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 263,512	$ 260,020
Actual, Ratio	12.40%	12.00%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 180,763	$ 170,898
Minimum Required Under BASEL III Fully Phased-In, Ratio	8.50%	7.90%
Common Tier 1 (CET1) [Abstract]
Actual, Amount	$ 218,512	$ 215,020
Actual, Ratio	10.30%	9.90%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 148,864	$ 138,346
Minimum Required Under BASEL III Fully Phased-In, Ratio	7.00%	6.40%
Tier I Capital to Average Assets [Abstract]
Actual, Amount	$ 263,512	$ 260,020
Actual, Ratio	9.70%	9.60%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 108,707	$ 108,033
Minimum Required Under BASEL III Fully Phased-In, Ratio	4.00%	4.00%
City Bank [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 299,764	$ 294,572
Actual, Ratio	14.10%	13.60%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 223,220	$ 214,246
Minimum Required Under BASEL III Fully Phased-In, Ratio	10.50%	9.90%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 212,591	$ 216,958
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier I Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 276,203	$ 271,266
Actual, Ratio	13.00%	12.50%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 180,702	$ 170,855
Minimum Required Under BASEL III Fully Phased-In, Ratio	8.50%	7.90%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 170,072	$ 173,567
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Common Tier 1 (CET1) [Abstract]
Actual, Amount	$ 276,203	$ 271,266
Actual, Ratio	13.00%	12.50%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 148,813	$ 138,311
Minimum Required Under BASEL III Fully Phased-In, Ratio	7.00%	6.40%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 138,184	$ 141,023
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier I Capital to Average Assets [Abstract]
Actual, Amount	$ 276,203	$ 271,266
Actual, Ratio	10.20%	10.10%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 108,619	$ 107,940
Minimum Required Under BASEL III Fully Phased-In, Ratio	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 135,773	$ 134,925
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

DERIVATIVES (Details)

DERIVATIVES (Details) - Interest Rate Swap [Member] - Fair Value Hedging [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	$ 1,076	$ 0
Derivative liability, fair value	57	0
Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	9,781	10,917
Derivative asset, fair value	$ 37	$ 169

DERIVATIVES, Mortgage Banking D

DERIVATIVES, Mortgage Banking Derivatives (Details) - Mortgage Banking [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	$ 58,397	$ 46,891
Derivative asset, fair value	1,489	1,063
Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	52,671	54,998
Derivative liability, fair value	713	672
Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	0	0
Derivative asset, fair value	0	0
Forward Contracts [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	52,671	54,998
Derivative liability, fair value	713	672
Interest Rate Lock Commitments [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	58,397	46,891
Derivative asset, fair value	1,489	1,063
Interest Rate Lock Commitments [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	$ 0	$ 0

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Basic [Abstract]
Net income	$ 4,773	$ 5,501
Weighted average common shares outstanding - basic (in shares)	14,771,520	14,771,520
Effect of dilutive securities [Abstract]
Stock-based compensation awards	38	0
Weighted average common shares outstanding - diluted (in shares)	14,771,558	14,771,520
Basic earnings per share (in dollars per share)	$ 0.32	$ 0.37
Diluted earnings per share (in dollars per share)	$ 0.32	$ 0.37

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financial results by reportable segments [Abstract]
Net interest income	$ 24,546	$ 22,718
Provision for loan loss	(608)	(778)
Noninterest income	12,075	11,468
Noninterest expense	(30,036)	(27,877)
Income before income taxes	5,977	5,531
Income tax (expense) benefit	(1,204)	(30)
Net income	4,773	5,501
Banking [Member]
Financial results by reportable segments [Abstract]
Net interest income	24,546	22,718
Provision for loan loss	(608)	(778)
Noninterest income	10,371	10,135
Noninterest expense	(29,073)	(26,954)
Income before income taxes	5,236	5,121
Income tax (expense) benefit	(1,140)	(30)
Net income	4,096	5,091
Insurance [Member]
Financial results by reportable segments [Abstract]
Net interest income	0	0
Provision for loan loss	0	0
Noninterest income	1,704	1,333
Noninterest expense	(963)	(923)
Income before income taxes	741	410
Income tax (expense) benefit	(64)	0
Net income	$ 677	$ 410

FAIR VALUE DISCLOSURES, Assets

FAIR VALUE DISCLOSURES, Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Securities available for sale [Abstract]
Securities available for sale	$ 339,051	$ 338,196
U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	85,201	84,707
State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	32,521	32,310
Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,784	182,256
Recurring [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	38,545	38,923
Loans held for sale (mandatory)	19,652	31,874
Mortgage servicing rights	1,433	1,270
Asset derivatives	1,526	1,232
Liability derivatives	(770)	(672)
Recurring [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	85,201	84,707
Recurring [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	32,522	32,310
Recurring [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,783	182,256
Recurring [Member] | Level 1 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 1 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	74,872	74,419
Recurring [Member] | Level 1 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 2 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	38,545	38,923
Loans held for sale (mandatory)	19,652	31,874
Mortgage servicing rights	1,433	1,270
Asset derivatives	1,526	1,232
Liability derivatives	(770)	(672)
Recurring [Member] | Level 2 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	10,329	10,288
Recurring [Member] | Level 2 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	32,522	32,310
Recurring [Member] | Level 2 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,783	182,256
Recurring [Member] | Level 3 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 3 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Nonrecurring [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	8,083	9,119
Other real estate owned	2,340	2,285
Loans held-for-sale (best efforts)	1,795	6,508
Nonrecurring [Member] | Level 1 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Other real estate owned	0	0
Loans held-for-sale (best efforts)	0	0
Nonrecurring [Member] | Level 2 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Other real estate owned	0	0
Loans held-for-sale (best efforts)	1,795	6,508
Nonrecurring [Member] | Level 3 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	8,083	9,119
Other real estate owned	2,340	2,285
Loans held-for-sale (best efforts)	$ 0	$ 0

FAIR VALUE DISCLOSURES, Quantit

FAIR VALUE DISCLOSURES, Quantitative Information about Non-Recurring Level 3 Fair Value Measurements (Details) - Third Party Appraisals or Inspections [Member] - Collateral Discounts and Selling Costs [Member] $ in Thousands	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans	$ 8,083	$ 9,119
Other real estate owned	$ 2,340	$ 2,285
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, discounts	0	0
Other real estate owned, discounts	0.15	0.15
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, discounts	1	1
Other real estate owned, discounts	0.66	0.66

FAIR VALUE DISCLOSURES, Estimat

FAIR VALUE DISCLOSURES, Estimated Fair Values, and Related Carrying Amounts (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 339,410	$ 245,989
Loans, net	1,891,802	1,934,071
Accrued interest receivable	9,962	12,957
Bank-owned life insurance	57,499	57,172
Financial liabilities [Abstract]
Deposits	2,304,929	2,277,454
Accrued interest payable	2,360	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	339,410	245,989
Loans, net	1,883,622	1,923,167
Accrued interest receivable	9,962	12,957
Bank-owned life insurance	57,499	57,172
Financial liabilities [Abstract]
Deposits	2,307,176	2,278,449
Accrued interest payable	2,360	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	339,410	245,989
Loans, net	0	0
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial liabilities [Abstract]
Deposits	2,112,179	1,965,925
Accrued interest payable	0	0
Notes payable & other borrowings	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt securities	0	0
Level 2 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans, net	0	0
Accrued interest receivable	9,962	12,957
Bank-owned life insurance	57,499	57,172
Financial liabilities [Abstract]
Deposits	194,997	312,524
Accrued interest payable	2,360	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Level 3 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans, net	1,883,622	1,923,167
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Notes payable & other borrowings	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt securities	$ 0	$ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event [Member] - Initial Public Offering [Member] $ / shares in Units, $ in Millions	1 Months Ended
	May 31, 2019USD ($)$ / sharesshares
Stock Transactions [Abstract]
Common stock issued and sold (in shares) | shares	3,207,000
Common stock sold to underwriters (in shares) | shares	507,000
Offering price (in dollars per share) | $ / shares	$ 17.50
Aggregate gross proceeds from initial public offering | $	$ 56.1
Aggregate net proceeds from initial public offering | $	$ 51.4