Bridgewater Bancshares (BWB) 10-K 14 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Feb. 25, 2019	Jun. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Bridgewater Bancshares Inc
Entity Central Index Key	0001341317
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 323,105,884
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		30,097,674
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and Cash Equivalents	$ 28,444	$ 23,725
Bank-Owned Certificates of Deposit	3,305	3,072
Securities Available for Sale, at Fair Value	253,378	229,491
Loans, Net of Allowance for Loan Losses of $20,031 at December 31, 2018 and $16,502 at December 31, 2017	1,640,385	1,326,507
Federal Home Loan Bank (FHLB) Stock, at Cost	7,614	5,147
Premises and Equipment, Net	13,074	10,115
Foreclosed Assets		581
Accrued Interest	6,589	5,342
Goodwill	2,626	2,626
Other Intangible Assets, Net	1,052	1,243
Other Assets	17,274	8,763
Total Assets	1,973,741	1,616,612
Deposits:
Noninterest Bearing	369,203	292,539
Interest Bearing	1,191,731	1,046,811
Total Deposits	1,560,934	1,339,350
Federal Funds Purchased	18,000	23,000
Notes Payable	15,000	17,000
FHLB Advances	124,000	68,000
Subordinated Debentures, Net of Issuance Costs	24,630	24,527
Accrued Interest Payable	1,806	1,408
Other Liabilities	8,373	6,165
Total Liabilities	1,752,743	1,479,450
SHAREHOLDERS' EQUITY
Preferred Stock- $0.01 par value Authorized 10,000,000; None Issued and Outstanding at December 31, 2018 and December 31, 2017
Additional Paid-In Capital	126,031	66,324
Retained Earnings	96,234	69,508
Accumulated Other Comprehensive Income (Loss)	(1,568)	1,084
Total Shareholders' Equity	220,998	137,162
Total Liabilities and Shareholders' Equity	1,973,741	1,616,612
Voting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value	$ 301	208
Nonvoting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value		$ 38

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Allowance of loan loss	$ 20,031	$ 16,502
Preferred shares, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common shares, par value (in dollars per share)	$ 0.01	$ 0.01
Voting Common Stock
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	30,097,274	20,834,001
Common stock, shares outstanding (in shares)	30,097,274	20,834,001
Nonvoting Common Stock
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	0	3,845,860
Common stock, shares outstanding (in shares)	0	3,845,860

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INTEREST INCOME
Loans, Including Fees	$ 78,033	$ 60,024	$ 46,622
Investment Securities	6,694	5,981	3,649
Other	499	341	361
Total Interest Income	85,226	66,346	50,632
INTEREST EXPENSE
Deposits	15,972	9,719	6,955
Notes Payable	594	656	718
FHLB Advances	1,718	880	769
Subordinated Debentures	1,568	749	16
Federal Funds Purchased	636	169	56
Total Interest Expense	20,488	12,173	8,514
NET INTEREST INCOME	64,738	54,173	42,118
Provision for Loan Losses	3,575	4,175	3,250
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	61,163	49,998	38,868
NONINTEREST INCOME
Customer Service Fees	745	660	490
Net Gain (Loss) on Sales of Available for Sale Securities	(125)	(250)	830
Net Gain (Loss) on Sales of Foreclosed Assets	(225)	356	(30)
Other Income	2,148	1,770	1,277
Total Noninterest Income	2,543	2,536	2,567
NONINTEREST EXPENSE
Salaries and Employee Benefits	18,620	14,051	12,087
Occupancy and Equipment	2,351	2,192	1,821
Other Expense	10,591	9,253	6,260
Total Noninterest Expense	31,562	25,496	20,168
INCOME BEFORE INCOME TAXES	32,144	27,038	21,267
Provision for Income Taxes	5,224	10,149	8,052
NET INCOME	$ 26,920	$ 16,889	$ 13,215
EARNINGS PER SHARE
Basic (in dollars per share)	$ 0.93	$ 0.69	$ 0.59
Diluted (in dollars per share)	$ 0.91	$ 0.68	$ 0.58

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements of Comprehensive Income
Net Income	$ 26,920	$ 16,889	$ 13,215
Other Comprehensive Income (Loss):
Unrealized Gains (Losses) on Available for Sale Securities	(3,804)	6,354	(5,860)
Unrealized Gains on Cash Flow Hedge	9	121	223
Reclassification Adjustment for (Gains) Losses Realized in Income	125	250	(830)
Income Tax Impact	824	(2,366)	2,264
Total Other Comprehensive Income (Loss), Net of Tax	(2,846)	4,359	(4,203)
Comprehensive Income	$ 24,074	$ 21,248	$ 9,012

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common StockVoting Common Stock	Common StockNonvoting Common Stock	Additional Paid In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total
Balance at the beginning at Dec. 31, 2015	$ 176	$ 22	$ 39,648	$ 39,404	$ 928	$ 80,178
Balance at the beginning (in shares) at Dec. 31, 2015	17,633,026	2,186,323
Stock-based Compensation			222			222
Comprehensive Income (Loss)				13,215	(4,203)	9,012
Stock Options Exercised	$ 1		99			100
Stock Options Exercised (in shares)	100,000
Issuance of Common Stock, Net of Issuance Costs	$ 30	$ 16	26,000			26,046
Issuance of Common Stock, Net of Issuance Costs (in shares)	3,049,368	1,659,537
Redemption and Cancellation of Common Stock			(192)			(192)
Redemption and Cancellation of Common Stock (in shares)	(38,393)
Balance at the end at Dec. 31, 2016	$ 207	$ 38	65,777	52,619	(3,275)	115,366
Balance at the end (in shares) at Dec. 31, 2016	20,744,001	3,845,860
Stock-based Compensation			368			368
Comprehensive Income (Loss)				16,889	4,359	21,248
Stock Options Exercised	$ 1		179			$ 180
Stock Options Exercised (in shares)	90,000					90,000
Balance at the end at Dec. 31, 2017	$ 208	$ 38	66,324	69,508	1,084	$ 137,162
Balance at the end (in shares) at Dec. 31, 2017	20,834,001	3,845,860
Stock-based Compensation			799			799
Comprehensive Income (Loss)				26,920	(2,846)	24,074
Stock Options Exercised	$ 1		105			$ 106
Stock Options Exercised (in shares)	37,900					37,900
Issuance of Common Stock, Net of Issuance Costs	$ 54		58,803			$ 58,857
Issuance of Common Stock, Net of Issuance Costs (in shares)	5,379,513
Conversion of Non-voting Stock to Voting Stock	$ 38	$ (38)
Conversion of Non-voting Stock to Voting Stock (in shares)	3,845,860	(3,845,860)
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act to Retained Earnings				(194)	194
Balance at the end at Dec. 31, 2018	$ 301		$ 126,031	$ 96,234	$ (1,568)	$ 220,998
Balance at the end (in shares) at Dec. 31, 2018	30,097,274

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 26,920	$ 16,889	$ 13,215
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Net Amortization on Securities Available for Sale	3,028	2,779	1,997
Net (Gain) Loss on Sales of Securities Available for Sale	125	250	(830)
Provision for Loan Losses	3,575	4,175	3,250
Depreciation and Amortization of Premises and Equipment	761	694	586
Amortization of Other Intangible Assets	191	191	104
Amortization of Subordinated Debt Issuance Costs	103	43
Net (Gain) Loss on Sale of Foreclosed Assets	225	(356)	30
Stock-based Compensation	799	368	222
Deferred Income Taxes	(1,298)	(2,062)	(1,070)
Changes in Operating Assets and Liabilities:
Accrued Interest Receivable and Other Assets	(7,627)	(122)	(2,144)
Accrued Interest Payable and Other Liabilities	2,606	2,053	(429)
Net Cash Provided by Operating Activities	29,408	24,902	14,931
CASH FLOWS FROM INVESTING ACTIVITIES
(Increase) Decrease in Bank-owned Certificates of Deposit	(233)	1,627	6,753
Proceeds from Sales of Securities Available for Sale	24,684	36,209	34,250
Proceeds from Maturities, Paydowns, Payups and Calls of Securities Available for Sale	22,965	23,411	21,995
Purchases of Securities Available for Sale	(78,368)	(68,453)	(173,340)
Net Increase in Loans	(317,453)	(346,231)	(176,383)
Net Increase in FHLB Stock	(2,467)	(157)	(1,710)
Purchases of Premises and Equipment	(3,720)	(1,235)	(2,191)
Proceeds from Sales of Foreclosed Assets	356	4,647	115
Cash Received, Net of Cash Paid for Acquisition			24,415
Net Cash Used in Investing Activities	(354,236)	(350,182)	(266,096)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in Deposits	221,584	315,842	195,679
Net Increase (Decrease) in Federal Funds Purchased	(5,000)	(21,000)	31,000
Proceeds from Notes Payable			20,000
Principal Payments on Notes Payable	(2,000)	(2,000)	(17,042)
Proceeds from FHLB Advances	70,000	29,000
Principal Payments on FHLB Advances	(14,000)	(14,000)
Proceeds from Issuance of Subordinated Debentures		24,484
Principal Payments on Subordinated Debentures			(1,500)
Stock Options Exercised	106	180	100
Issuance of Common Stock	58,857		26,046
Redemption and Cancellation of Common Stock			(192)
Net Cash Provided by Financing Activities	329,547	332,506	254,091
NET CHANGE IN CASH AND CASH EQUIVALENTS	4,719	7,226	2,926
Cash and Cash Equivalents Beginning	23,725	16,499	13,573
Cash and Cash Equivalents Ending	28,444	23,725	16,499
SUPPLEMENTAL CASH FLOW DISCLOSURE
Cash Paid for Interest	19,987	11,334	8,444
Cash Paid for Income Taxes	$ 7,865	12,110	10,103
Loans Transferred to Foreclosed Assets		$ 689	$ 3,601

Description of the Business and

Description of the Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Description of the Business and Summary of Significant Accounting Policies
Description of the Business and Summary of Significant Accounting Policies	Note 1: Description of the Business and Summary of Significant Accounting Policies Organization Bridgewater Bancshares, Inc. (the “Company”) is a financial holding company whose operations consist of the ownership of its wholly-owned subsidiaries, Bridgewater Bank (the “Bank”) and Bridgewater Risk Management, Inc. The Bank commenced operations in 2005 and provides retail and commercial loan and deposit services, principally to customers within the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area. In 2008, the Bank formed BWB Holdings, LLC, a wholly owned subsidiary of the Bank, for the purpose of holding repossessed property. In 2018, the Bank formed Bridgewater Investment Management, Inc., a wholly owned subsidiary of the Bank, for the purpose of holding certain municipal securities and to engage in municipal lending activities. Bridgewater Risk Management, Inc. was incorporated in December 2016 as a wholly-owned insurance company subsidiary of the Company. It insures the Company and its subsidiaries against certain risks unique to the operations of the Company and for which insurance may not be currently available or economically feasible in today’s insurance marketplace. Bridgewater Risk Management pools resources with several other insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves. Initial Public Offering On March 16, 2018, the Company completed an initial public offering (“IPO”) and received net proceeds, after deducting underwriting discounts and offering expenses, of $58.9 million for the shares of common stock sold by the Company in the offering. Exchange Agreement During 2018, the Company exchanged a total of 3,845,860 shares of the Company’s non-voting common stock, which represented 100% of the outstanding shares of non-voting common stock, for 3,845,860 shares of the Company’s voting common stock. During the IPO, Castle Creek Capital Partners V, LP and GCP Capital Partners Holdings LLC and certain of its affiliated/managed funds transferred 1,022,318 shares of the Company’s non-voting common stock to the underwriters to be converted into shares of common stock. In October 2018, the Company entered into Exchange Agreements with Castle Creek Capital Partners V, LP, EJF Sidecar Fund, Series LLC – Series E and Endeavour Regional Bank Opportunities Fund II LP providing for the exchange of the remaining 2,823,542 shares of the Company’s non-voting common stock for 2,823,542 shares of the Company’s common stock. Principles of Consolidation The consolidated financial statements include the amounts of the Company, the Bank, with locations in Bloomington, Greenwood, Minneapolis (2), St. Louis Park, Orono, and St. Paul, Minnesota, BWB Holdings, LLC, Bridgewater Investment Management, Inc., and Bridgewater Risk Management, Inc. All significant intercompany balances and transactions have been eliminated in consolidation. Use of Estimates in Preparation of Financial Statements The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the valuation of securities, determination of the allowance for loan losses, calculation of deferred tax assets, and fair value of financial instruments. Emerging Growth Company The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act (the “JOBS Act”). Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933 for complying with new or revised accounting standards. As an emerging growth company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company elected to take advantage of this extended transition period. Cash and Cash Equivalents For purpose of the consolidated statements of cash flows, cash and cash equivalents include cash, both interest bearing and noninterest bearing balances due from banks and federal funds sold, all of which mature within 90 days. Cash flows from loans and deposits are reported net. Bank-Owned Certificates of Deposit Bank -owned certificates of deposit mature within five years and are carried at cost. Securities Available for Sale Debt securities are classified as available for sale and are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Realized gains and losses on securities available for sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income (loss). Gains and losses on sales of securities are determined using the specific identification method on the trade date. The amortization of premiums and accretion of discounts are recognized in interest income using methods approximating the interest method over the period to maturity. Declines in the fair value of individual available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to the fair value. The Company monitors the investment security portfolio for impairment on an individual security basis and has a process in place to identify securities that could potentially have a credit impairment that is other than temporary. This process involves analyzing the length of time and the extent to which the fair value has been less than the amortized cost basis, the market liquidity for the security, the financial condition and near-term prospects of the issuer, expected cash flows, and the Company’s intent and ability to hold the investment for a period of time sufficient to recover the temporary loss. The ability to hold is determined by whether it is more likely than not that the Company will be required to sell the security before its anticipated recovery. A decline in value due to a credit event that is considered other than temporary is recorded as a loss in noninterest income. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid balances adjusted for charge-offs, the allowance for loan losses, any deferred fees or costs on originated loans, and premiums or discounts on purchased loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and recognized as an adjustment of the related loan yield using the interest method. Amortization of deferred loan fees is discontinued when a loan is placed on nonaccrual status. The accrual of interest on all loans is discounted if the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued, but not collected for loans that are placed on nonaccrual or charged-off is reversed against interest income and amortization of related deferred loan fees or costs is suspended. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. The cash-basis is used when a determination has been made that the principal and interest of the loan is collectible. If collectability of the principal and interest is in doubt, payments are applied to loan principal. The determination of ultimate collectability is supported by a current, well documented credit evaluation of the borrower’s financial condition and prospects for repayment, including consideration of the borrower’s sustained historical repayment performance and other relevant factors. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the borrower has demonstrated a period of sustained performance, and future payments are reasonably assured. A sustained period of repayment performance generally would be a minimum of six months. Allowance for Loan Losses The allowance for loan losses (the ‘‘allowance’’) is an estimate of loan losses inherent in the Company’s loan portfolio. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after loan losses and loan growth. Loan losses are charged-off against the allowance when the Company determines all or a portion of the loan balance to be uncollectible. Cash received on previously charged-off amounts is recorded as a recovery to the allowance. The allowance consists of three primary components, general reserves, specific reserves related to impaired loans, and unallocated reserves. The general component covers nonimpaired loans and is based on historical losses adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the most recent five years. This actual loss experience is adjusted for economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; trends in volume and terms of loans; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of change in credit concentrations. These factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Loans determined to be impaired are individually evaluated for impairment. An impaired loan is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, or, as a practical expedient, at the loan’s observable market price, or the fair value of the underlying collateral. The fair value of collateral, reduced by costs to sell on a discounted basis, is used if a loan is collateral dependent. A loan is collateral dependent if the repayment is expected to be provided solely by the underlying collateral. Allowance allocations other than general and specific reserves are included in the unallocated portion. While allocations are made for loans and leases based upon historical loss analysis, the unallocated portion is designed to cover the uncertainty of how current economic conditions and other uncertainties may impact the existing loan portfolio. Factors to consider include global, national and state economic conditions such as changes in unemployment rates and productivity, geopolitical tensions, monetary and fiscal policy uncertainty, political gridlock, and real estate market trends. The unallocated reserve addresses inherent probable losses not included elsewhere in the allowance for loan losses. Under certain circumstances, the Company will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above in the calendar year of the restructuring. In subsequent years, a restructured loan may cease being classified as impaired if the loan was modified at a market rate and is performing according to the modified terms. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Restructured loans can involve loans remaining on nonaccrual, moving to nonaccrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. Nonaccrual restructured loans are included and treated with other nonaccrual loans. The Company assigns risk ratings to all loans and periodically performs detailed internal reviews of all such loans over a certain threshold to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by the Company’s regulators. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate, and the fair values of collateral securing the loans. These credit quality indicators are used to assign a risk rating to each individual loan. The risk ratings can be grouped into five major categories defined as follows: Pass: A pass loan is a credit with no known or existing potential weaknesses deserving of management’s close attention. Watch: Loans classified as watch have a potential weakness that deserves management’s close attention. If left uncorrected, this potential weakness may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date. Watch loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Substandard: Loans classified as substandard are not adequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. Well defined weaknesses include a borrower’s lack of marketability, inadequate cash flow or collateral support, failure to complete construction on time, or the failure to fulfill economic expectations. They are characterized by the distinct possibility that the Company will sustain loss if the deficiencies are not corrected. Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or repayment in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss : Loans classified as loss are considered uncollectible and charged-off immediately. The Company maintains a separate general valuation allowance for each portfolio segment. These portfolio segments include commercial, construction and land development, 1-4 family mortgage, multifamily, CRE owner occupied, CRE non-owner occupied, and consumer and other with risk characteristics described as follows: Commercial: Commercial loans generally are loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or for other business related purposes. Commercial lending is not without risk as this asset class has generally exhibited higher loss rates compared to other loan types. The primary repayment source for commercial and industrial loans are the existing cash flows of operating businesses which can be adversely affected by company, industry and economic business cycles. Economic trends influenced by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. The liquidation of collateral, typically accounts receivable, inventory, equipment, or other business assets, is the primary source of principal repayment if the borrower defaults. The value of these assets can be uncertain in a liquidation scenario. Construction and Land Development: Construction and land development loans generally possess a higher inherent risk of loss and have experienced the highest loss rates of any loan category based on statistics published by the FDIC. Risks associated with these loans often include the borrower’s ability to complete the project within specified costs and timelines and the reliance on the sale of the completed project as the primary repayment source for the loan. Trends in the commercial and residential construction industries can significantly impact the credit quality of these loans due to supply and demand imbalances. In addition, fluctuations in real estate values can significantly impact the credit quality of these loans, as property values may determine the economic viability of construction projects and adversely impact the value of the collateral securing the loan. 1-4 Family Mortgage: The degree of risk in residential mortgage lending involving owner occupied properties depends primarily on the borrower’s ability to repay in an orderly fashion and the loan amount in relation to collateral value. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. Weak economic trends indicate that the borrower’s capacity to repay their obligations may be deteriorating. Residential mortgage lending also includes the credits to finance nonowner occupied properties used as rentals. These loans can involve additional risks as the borrower’s ability to repay is based on the net operating income from the property which can be impacted by occupancy levels, rental rates, and operating expenses. Declines in net operating income can negatively impact the value of the property which increases the credit risk in the event of default. While 1-4 family mortgage loans have historically possessed a lower inherent risk of loss than other real estate portfolio segments, this loan class was significantly impacted during the last recession due in part to weak credit underwriting and speculative lending practices which led to higher default rates and deterioration in residential real estate values. Multifamily: Multifamily lending has historically had the lowest default rate of any loan class. Nonetheless, economic factors such as unemployment, wage growth and home affordability can impact vacancy rates and property cash flow. In addition, an overbuilt supply of multifamily units can increase competition amongst properties and could have an adverse effect on leasing rates and overall occupancy, which could result in higher default rates and possible loan losses. CRE Owner Occupied: Owner occupied commercial real estate loans are generally reliant on a single tenant as the repayment source for the loan. The underlying business can be affected by changes in industry and economic business cycles, unemployment and other key economic indicators, which could impact the cash flows of the business and their ability to make rental payments. Certain types of businesses also may require specialized facilities that can increase costs and may not be economically feasible to an alternative user, which could adversely impact the market value of the collateral. CRE Non-owner Occupied: Non-owner occupied commercial real estate loans can possess a higher inherent risk of loss as the primary repayment source for these loans is based on the net operating income from the underlying property. Changes in economic and market conditions can affect different segments of commercial real estate by impacting overall leasing rates, absorption timelines, vacancy rates, and operating expenses. Banks which are concentrated in commercial real estate lending are subject to additional regulatory scrutiny and must employ enhanced risk management practices. Consumer and Other: The consumer and other loan portfolio is usually comprised of a large number of small loans scheduled to be amortized over a specific period. Most loans are made directly for consumer purchases. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. Weak economic trends indicate the borrowers’ capacity to repay their obligations may be deteriorating. Although management believes the allowance to be adequate, ultimate losses may vary from its estimates. At least quarterly, the Board of Directors reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions, and other factors. If the Board of Directors and management determine that changes are warranted based on those reviews, the allowance is adjusted. In addition, the Company’s regulators assess the adequacy of the allowance from time to time. The regulatory agencies may require adjustments to the allowance based on their judgement about information available at the time of their review and examinations. Off-Balance Sheet Instruments In the ordinary course of business, the Company has entered into off-balance sheet instruments including commitments to extend credit and unfunded commitments under lines of credit, standby letters of credit, and commercial letters of credit. Such financial instruments are recorded in the consolidated financial statements when they become payable. The Company maintains a separate allowance for off-balance sheet commitments. Management estimates anticipated losses using historical data and utilization assumptions. The allowance for off-balance sheet commitments is included in other liabilities. Federal Home Loan Bank Stock The Bank is a member of FHLB Des Moines. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. Restricted stock is carried at cost and periodically evaluated for impairment. Because this stock is viewed as a long-term investment, impairment is based on ultimate recovery at par value. Both cash and stock dividends are reported as income. Premises and Equipment Land is stated at cost. Premises and equipment are stated at cost less accumulated depreciation on the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the shorter of the estimated useful life or lease term for leasehold improvements. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains and losses on dispositions are included in current operations. Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated selling cost at the date of foreclosure, establishing a new cost basis. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance. Subsequent to foreclosure, valuations are periodically performed by management and the assets held for sale are carried at the lower of the new cost basis or fair value less cost to sell. This evaluation is inherently subjective and requires estimates that are susceptible to significant revisions as more information becomes available. Impairment losses on assets to be held and used are measured at the amount by which the carrying amount of a property exceeds its fair value. Costs relating to holding and improving assets are expensed. Revenues and expenses from operations are included in other noninterest income and expense on the income statement. Goodwill and Intangible Assets Intangible assets attributed to the value of core deposits and favorable lease terms are stated at cost less accumulated amortization and reported in other intangible assets in the consolidated balance sheets. Intangible assets are amortized on a straight-line basis over the estimated lives of the assets. The excess of purchase price over fair value of net assets acquired is recorded as goodwill and is not amortized. The Company evaluates whether goodwill and other intangible assets may be impaired at least annually and whenever events or changes in circumstances indicate it is more likely than not the fair value of the reporting unit or asset is less than its carrying amount. Transfers of Financial Assets and Participating Interests Transfers of an entire financial asset or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, and (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so. Advertising Advertising costs are expensed as incurred. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many factors including estimates of the timing of reversals of temporary differences, the interpretation of federal and state income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax liabilities. Under GAAP, a valuation allowance is required to be recognized if it is ‘‘more likely than not’’ that the deferred tax asset will not be realized. The determination of the realizability of the deferred tax assets is highly subjective and dependent upon judgment concerning management’s evaluation of both positive and negative evidence, the forecasts of future income, applicable tax planning strategies, and assessments of the current and future economic and business conditions. In preparation of the income tax returns, tax positions are taken based on interpretation of federal and state income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts ultimately due or owed. The Company can recognize in financial statements the impact of a tax position taken, or expected to be taken, if it is more likely than not that the position will be sustained on audit based on the technical merit of the position. See Note 14 for additional disclosures. The Company recognizes both interest and penalties as a component of other noninterest expenses. The amount of the uncertain tax positions was not deemed to be material. It is not expected that the unrecognized tax benefit will be material within the next 12 months. The Company did not recognize any interest or penalties for the years ended December 31, 2018, 2017 and 2016. The Company is no longer subject to federal or state tax examination by tax authorities for years ending before December 31, 2015. Tax Credit Investments The Company invests in qualified affordable housing projects and federal historic projects for the purpose of community reinvestment and obtaining tax credits. These investments are included in other assets on the balance sheet, with any unfunded commitments included within other liabilities. The qualified affordable housing projects are accounted for under the proportional amortization method and are over the period that the Company expects to receive the tax credits, with the expense included within income tax expense on the consolidated statements of income. The historic tax credits are accounted for under the equity method, with the expense included within noninterest expense on the consolidated statements of income. Management analyzes these investments for potential impairment when events or changes in circumstances indicate that it is more likely than not that the carrying amount of the investment will not be realized. An impairment loss is measured as the amount by which the carrying amount of an investment exceeds its fair value. Comprehensive Income (Loss) Recognized revenue, expenses, gains, and losses are included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available for sale and changes in the fair value of derivative instruments designated as a cash flow hedge, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income (loss). Derivative Financial Instruments The Company is exposed to certain risks in relation to its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. An interest rate swap was entered into to manage interest rate risk associated with the Company’s variable rate notes payable. Accounting standards require the Company to recognize all derivative instruments as either assets or liabilities at fair value in the consolidated balance sheets. The Company designates its interest rate swap as a cash flow hedge of its variable rate notes payable. The changes in fair value of the interest rate swap agreement is recognized in earnings or in other comprehensive income (loss) if the interest rate swap qualifies for hedge accounting. A derivative that does not qualify, or is not designated as a hedge will be reflected at fair value, with changes in value recognized in noninterest income. The effective portion of the changes in fair values of derivatives that qualify as cash flow hedges are recorded in other comprehensive income (loss). Amounts receivable or payable under the swap agreement are reclassified from other comprehensive income to net income as an adjustment to the expense of the related transaction. These amounts are included in the consolidated statements of income as interest expense. Stock-based Compensation The Company’s stock-based compensation plans provide for awards of stock options to directors, officers and employees. The cost of employee services received in exchange for awards of equity instruments is based on the grant-date fair value of those awards. Compensation cost is recognized over the requisite service period as a component of compensation expense. Compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. The Company uses the Black-Scholes model to estimate the fair value of stock options. Reserve Balances The Bank is required to maintain average balances with the Federal Reserve Bank. The Bank has implemented a deposit reclassification program which allows the Bank to reclassify a portion of transact

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share
Earnings Per Share	Note 2: Earnings Per Share Basic earnings per common share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per common share are calculated by dividing net income by the weighted average number of shares adjusted for the dilutive effect of stock options. The dilutive effect was computed using the treasury stock method, which assumes the stock options were exercised and the hypothetical proceeds from the exercise were used by the Company to purchase common stock at the average market price during the period. The following table presents the numerators and denominators for basic and diluted earnings per share computations for the years ended December 31, 2018, 2017 and 2016: Year Ended December 31, 2018 2017 2016 Net Income Available to Common Shareholders $ 26,920 $ 16,889 $ 13,215 Weighted Average Common Stock Outstanding: Weighted Average Common Stock Outstanding (Basic) 29,001,393 24,604,464 22,294,837 Stock Options 434,821 413,226 336,904 Weighted Average Common Stock Outstanding (Dilutive) 29,436,214 25,017,690 22,631,741 Basic Earnings per Common Share $ 0.93 $ 0.69 $ 0.59 Diluted Earnings per Common Share 0.91 0.68 0.58

Bank-Owned Certificates of Depo

Bank-Owned Certificates of Deposit	12 Months Ended
	Dec. 31, 2018
Bank-Owned Certificates of Deposit
Bank-Owned Certificates of Deposit	Note 3: Bank‑Owned Certificates of Deposit Certificates of deposit in other financial institutions by maturity are as follows: 2018 2017 Certificates of Deposit at Cost Maturing in: One Year or Less $ 1,586 $ 992 After One Year Through Five Years 1,719 2,080 $ 3,305 $ 3,072

Securities

Securities	12 Months Ended
	Dec. 31, 2018
Securities
Securities	Note 4: Securities The following tables present the amortized cost and estimated fair value of securities with gross unrealized gains and losses at December 31, 2018 and 2017: December 31, 2018 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Securities Available for Sale: U.S. Treasury Securities $ 17,862 $ 54 $ (19) $ 17,897 Municipal Bonds 117,991 1,257 (1,115) 118,133 Mortgage-Backed Securities 48,816 52 (1,692) 47,176 Corporate Securities 21,170 72 (124) 21,118 SBA Securities 49,876 13 (835) 49,054 Total Securities Available for Sale $ 255,715 $ 1,448 $ (3,785) $ 253,378 December 31, 2017 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Securities Available for Sale: Municipal Bonds $ 115,784 $ 3,005 $ (469) $ 118,320 Mortgage-Backed Securities 61,945 11 (1,275) 60,681 Corporate Securities 5,052 80 (25) 5,107 SBA Securities 45,368 242 (227) 45,383 Total Securities Available for Sale $ 228,149 $ 3,338 $ (1,996) $ 229,491 The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months 12 Months or Greater Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2018 U.S. Treasury Securities $ 14,866 (19) — — $ 14,866 $ (19) Municipal Bonds 15,405 (199) 34,172 (916) 49,577 (1,115) Mortgage-Backed Securities 1,751 (21) 41,776 (1,671) 43,527 (1,692) Corporate Securities 9,063 (74) 1,996 (50) 11,059 (124) SBA Securities 28,186 (366) 15,878 (469) 44,064 (835) Total Securities Available for Sale $ 69,271 $ (679) $ 93,822 $ (3,106) $ 163,093 $ (3,785) Less Than 12 Months 12 Months or Greater Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2017 Municipal Bonds $ 15,043 $ (89) $ 21,111 $ (380) $ 36,154 $ (469) Mortgage-Backed Securities 16,046 (105) 41,800 (1,170) 57,846 (1,275) Corporate Securities — — 2,028 (25) 2,028 (25) SBA Securities 15,634 (189) 3,775 (38) 19,409 (227) Total Securities Available for Sale $ 46,723 $ (383) $ 68,714 $ (1,613) $ 115,437 $ (1,996) At December 31, 2018, 195 debt securities had unrealized losses with aggregate depreciation of approximately 2.3% from the Company’s amortized cost basis. At December 31, 2017, 133 debt securities had unrealized losses with aggregate depreciation of approximately 1.7% from the Company’s amortized cost basis. These unrealized losses relate principally to changes in interest rates and are not due to changes in the financial condition of the issuer, the quality of any underlying assets, or applicable credit enhancements. In analyzing whether unrealized losses on debt securities are other than temporary, management considers whether the securities are issued by a government body or agency, whether a rating agency has downgraded the securities, industry analysts’ reports, the financial condition and performance of the issuer, and the quality of any underlying assets or credit enhancements. Since management has the ability and intent to hold debt securities for the foreseeable future, no declines were deemed to be other than temporary as of December 31, 2018 and 2017. The following is a summary of amortized cost and estimated fair value of debt securities by the lesser of expected call date or contractual maturity as of December 31, 2018. Call date is used when a call of the debt security is expected, determined by the Company when the security has a market value above its amortized cost. Contractual maturities will differ from expected maturities for mortgage-backed and SBA securities because borrowers may have the right to call or prepay obligations without penalties. December 31, 2018 Amortized Cost Fair Value Due in One Year or Less $ 13,244 $ 13,248 Due After One Year Through Five Years 31,176 31,364 Due After Five Years Through 10 Years 73,041 73,336 Due After 10 Years 39,562 39,200 Subtotal 157,023 157,148 Mortgage-Backed Securities 48,816 47,176 SBA Securities 49,876 49,054 Totals $ 255,715 $ 253,378 As of December 31, 2018, the securities portfolio was completely unencumbered. To increase on-balance sheet liquidity, all securities previously pledged to secure public deposits had the designation removed and an alternative means of permissible collateralization was utilized, primarily Federal Home Loan Bank letters of credit. As of December 31, 2017, the amortized cost and fair value of securities pledged to secure public deposits and for other purposes required or permitted by law were $79,400 and $81,639, respectively. The following is a summary of the proceeds from sales of securities available for sale, as well as gross gains and losses, for the years ended December 31, 2018, 2017 and 2016: 2018 2017 2016 Proceeds From Sales of Securities $ 24,684 $ 36,209 $ 34,250 Gross Gains on Sales 290 405 1,044 Gross Losses on Sales (415) (655) (214)

Loans

Loans	12 Months Ended
	Dec. 31, 2018
Loans
Loans	Note 5: Loans The following table presents the components of loans at December 31, 2018 and 2017: December 31, December 31, 2018 2017 Commercial $ 260,833 $ 217,753 Construction and Land Development 210,041 130,586 Real Estate Mortgage: 1-4 Family Mortgage 226,773 195,707 Multifamily 407,934 317,872 CRE Owner Occupied 64,458 65,909 CRE Non-owner Occupied 490,632 415,034 Total Real Estate Mortgage Loans 1,189,797 994,522 Consumer and Other 4,260 4,252 Total Loans, Gross 1,664,931 1,347,113 Allowance for Loan Losses (20,031) (16,502) Net Deferred Loan Fees (4,515) (4,104) Total Loans, Net $ 1,640,385 $ 1,326,507 The following table presents the activity in the allowance for loan losses, by segment, for the years ended December 31, 2018, 2017 and 2016: Construction CRE CRE and Land 1-4 Family Owner Non-owner Consumer Commercial Development Mortgage Multifamily Occupied Occupied and Other Unallocated Total Balance at January 1, 2016 $ 1,349 $ 1,708 $ 1,765 $ 871 $ 1,019 $ 2,452 $ 36 $ 852 $ 10,052 Provision for Loan Losses (28) (89) 614 697 264 1,484 60 248 3,250 Loans Charged-off (107) (248) (1) — (123) (613) (22) — (1,114) Recoveries of Loans 101 8 32 — — — 4 — 145 Balance at December 31, 2016 $ 1,315 $ 1,379 $ 2,410 $ 1,568 $ 1,160 $ 3,323 78 $ 1,100 $ 12,333 Provision for Loan Losses 1,116 488 (230) 1,602 (204) 1,875 43 (515) 4,175 Loans Charged-off (1) — — — — (111) (65) — (177) Recoveries of Loans 5 25 137 — — — 4 — 171 Balance at December 31, 2017 $ 2,435 $ 1,892 $ 2,317 $ 3,170 $ 956 $ 5,087 $ 60 $ 585 $ 16,502 Provision for Loan Losses 448 632 242 1,474 (148) 785 31 111 3,575 Loans Charged-off (10) (358) (21) — — — (32) — (421) Recoveries of Loans 25 285 59 — — — 6 — 375 Balance at December 31, 2018 $ 2,898 $ 2,451 $ 2,597 $ 4,644 $ 808 $ 5,872 $ 65 $ 696 $ 20,031 The following tables present the balance in the allowance for loan losses and the recorded investment in loans, by segment, based on impairment method as of December 31, 2018 and 2017: Construction CRE CRE and Land 1-‑4 Family Owner Non‑owner Consumer Allowance for Loan Losses at December 31, 2018 Commercial Development Mortgage Multifamily Occupied Occupied and Other Unallocated Total Individually Evaluated for Impairment $ 8 $ — $ 17 $ — $ 22 $ — $ — $ — $ 47 Collectively Evaluated for Impairment 2,890 2,451 2,580 4,644 786 5,872 65 696 19,984 Totals $ 2,898 $ 2,451 $ 2,597 $ 4,644 $ 808 $ 5,872 $ 65 $ 696 $ 20,031 Allowance for Loan Losses at December 31, 2017 Individually Evaluated for Impairment $ 14 $ — $ 57 $ 14 $ 24 $ — $ — $ — $ 109 Collectively Evaluated for Impairment 2,421 1,892 2,260 3,156 932 5,087 60 585 16,393 Totals $ 2,435 $ 1,892 $ 2,317 $ 3,170 $ 956 $ 5,087 $ 60 $ 585 $ 16,502 Construction CRE CRE and Land 1-‑4 Family Owner Non‑owner Consumer Loans at December 31, 2018 Commercial Development Mortgage Multifamily Occupied Occupied and Other Total Individually Evaluated for Impairment $ 8 $ 198 $ 1,676 $ — $ 365 $ — $ 58 $ 2,305 Collectively Evaluated for Impairment 260,825 209,843 225,097 407,934 64,093 490,632 4,202 1,662,626 Totals $ 260,833 $ 210,041 $ 226,773 $ 407,934 $ 64,458 $ 490,632 $ 4,260 $ 1,664,931 Loans at December 31, 2017 Individually Evaluated for Impairment $ 14 $ 583 $ 1,693 $ 66 $ 2,165 $ — $ 75 $ 4,596 Collectively Evaluated for Impairment 217,739 130,003 194,014 317,806 63,744 415,034 4,177 1,342,517 Totals $ 217,753 $ 130,586 $ 195,707 $ 317,872 $ 65,909 $ 415,034 $ 4,252 $ 1,347,113 The following table presents information regarding total carrying amounts and total unpaid principal balances of impaired loans by loan segment as of December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance Loans With No Related Allowance for Loan Losses: Construction and Land Development $ 198 $ 807 $ — $ 583 $ 833 $ — Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 157 157 — 508 515 — 1st REM - 1-4 Family 253 253 — 125 125 — 1st REM - Rentals 957 957 — 726 726 — CRE Owner Occupied 209 209 — 2,006 2,023 — Consumer and Other 58 78 — 75 92 — Totals 1,832 2,461 — 4,023 4,314 — Loans With An Allowance for Loan Losses: Commercial 8 8 8 14 14 14 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 309 336 17 — — — LOCs and 2nd REM - Rentals — — — 64 64 47 1st REM - Rentals — — — 270 270 10 Multifamily — — — 66 66 14 CRE Owner Occupied 156 156 22 159 159 24 Totals 473 500 47 573 573 109 Grand Totals $ 2,305 $ 2,961 $ 47 $ 4,596 $ 4,887 $ 109 The following table presents information regarding the average balances and interest income recognized on impaired loans by loan segment for the years ended December 31, 2018, 2017 and 2016: Year Ended December 31, Year Ended December 31, Year Ended December 31, 2018 2017 2016 Average Interest Average Interest Average Interest Investment Recognized Investment Recognized Investment Recognized Loans With No Related Allowance for Loan Losses: Commercial $ — — — — $ 2,051 102 Construction and Land Development 212 — 594 — 759 5 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 158 9 537 20 271 16 1st REM - 1-4 Family 255 10 130 — 960 — 1st REM - Rentals 976 48 739 34 1,025 50 CRE Owner Occupied 225 13 2,042 97 1,325 66 CRE Non-owner Occupied — — — — 1,115 57 Consumer and Other 64 — 97 — 9 — Totals 1,890 80 4,139 151 7,515 296 Loans With An Allowance for Loan Losses: Commercial 8 — 14 — — — Construction and Land Development — — — — 19 1 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 324 — — — — — LOCs and 2nd REM - Rentals — — 65 3 69 3 1st REM - Rentals — — 276 14 274 14 Multifamily 65 3 66 3 68 3 CRE Owner Occupied 158 7 161 7 165 7 Consumer and Other — — — — 97 — Totals 555 10 582 27 692 28 Grand Totals $ 2,445 $ 90 $ 4,721 $ 178 $ 8,207 $ 324 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The process of analyzing loans for changes in risk rating is ongoing through routine monitoring of the portfolio and annual internal credit reviews for credits meeting certain thresholds. The following tables present the risk category of loans by loan segment as of December 31, 2018 and 2017, based on the most recent analysis performed by management: December 31, 2018 Pass Watch Substandard Total Commercial $ 260,225 $ 600 $ 8 $ 260,833 Construction and Land Development 207,174 2,669 198 210,041 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 30,669 587 — 31,256 1st REM - 1-4 Family 37,526 126 253 37,905 LOCs and 2nd REM - Rentals 11,341 628 474 12,443 1st REM - Rentals 142,357 1,854 958 145,169 Multifamily 407,934 — — 407,934 CRE Owner Occupied 62,223 — 2,235 64,458 CRE Non-owner Occupied 487,438 3,194 — 490,632 Consumer and Other 4,202 — 58 4,260 Totals $ 1,651,089 $ 9,658 $ 4,184 $ 1,664,931 December 31, 2017 Pass Watch Substandard Total Commercial $ 217,739 $ — $ 14 $ 217,753 Construction and Land Development 130,003 — 583 130,586 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 28,238 — 347 28,585 1st REM - 1-4 Family 33,219 — 125 33,344 LOCs and 2nd REM - Rentals 13,409 — 225 13,634 1st REM - Rentals 118,891 — 1,253 120,144 Multifamily 317,806 — 66 317,872 CRE Owner Occupied 63,290 — 2,619 65,909 CRE Non-owner Occupied 409,533 5,501 — 415,034 Consumer and Other 4,177 — 75 4,252 Totals $ 1,336,305 $ 5,501 $ 5,307 $ 1,347,113 The following tables present the aging of the recorded investment in past due loans by loan segment as of December 31, 2018 and 2017: Accruing Interest 30-89 Days 90 Days or December 31, 2018 Current Past Due More Past Due Nonaccrual Total Commercial $ 260,813 $ 12 $ — $ 8 $ 260,833 Construction and Land Development 209,843 — — 198 210,041 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 30,939 — — 317 31,256 1st REM - 1-4 Family 37,705 200 — — 37,905 LOCs and 2nd REM - Rentals 12,443 — — — 12,443 1st REM - Rentals 145,169 — — — 145,169 Multifamily 407,934 — — — 407,934 CRE Owner Occupied 64,360 98 — — 64,458 CRE Non-owner Occupied 490,632 — — 490,632 Consumer and Other 4,201 1 — 58 4,260 Totals $ 1,664,039 $ 311 $ — $ 581 $ 1,664,931 Accruing Interest 30-89 Days 90 Days or December 31, 2017 Current Past Due More Past Due Nonaccrual Total Commercial $ 217,734 $ 10 $ — $ 9 $ 217,753 Construction and Land Development 130,003 — — 583 130,586 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 28,238 — — 347 28,585 1st REM - 1-4 Family 33,219 — — 125 33,344 LOCs and 2nd REM - Rentals 13,474 160 — — 13,634 1st REM - Rentals 119,876 268 — — 120,144 Multifamily 317,872 — — — 317,872 CRE Owner Occupied 65,686 223 — — 65,909 CRE Non-owner Occupied 415,034 — — — 415,034 Consumer and Other 4,174 3 — 75 4,252 Totals $ 1,345,310 $ 664 $ — $ 1,139 $ 1,347,113 At December 31, 2018, there were three loans classified as troubled debt restructurings with a current outstanding balance of $437. In comparison, at December 31, 2017, there were nine loans classified as troubled debt restructurings with an outstanding balance of $2,928 .There were no new loans classified as troubled debt restructurings during the year ended December 31, 2018 and no loans classified as troubled debt restructurings during the previous twelve months that subsequently defaulted during the year ended December 31, 2018.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2018
Premises and Equipment
Premises and Equipment	Note 6: Premises and Equipment Premises and equipment are summarized as follows for the years ended December 31, 2018 and 2017: Estimated December 31, Useful Lives 2018 2017 Land N/A $ $ Building 39 Years Leasehold Improvements 3 ‑ 10 Years Furniture and Equipment 3 ‑ 5 Years Construction in Progress N/A Subtotal Accumulated Depreciation Totals $ $ Depreciation and amortization expense charged to noninterest expense for the years ended December, 31, 2018, 2017 and 2016, totaled $761, $694, and $586, respectively. Pursuant to the terms of non‑cancelable lease agreements in effect at December 31, 2018, pertaining to banking premises in Bloomington, Downtown Minneapolis, St. Paul, and Uptown Minneapolis Drive‑Up, total future minimum rent commitments under various operating leases are as follows: 2018 2019 $ 876 2020 776 2021 336 2022 327 2023 319 Thereafter 1,454 Totals $ 4,088 Rent expense, including common area maintenance pertaining to banking premises for the years ended December, 31, 2018, 2017 and 2016, amounted to $870, $774, and $684, respectively. The Bloomington, Downtown Minneapolis, St. Paul, and Uptown Minneapolis Drive‑Up leases each contain two consecutive options to extend the lease for a period of five years each. The monthly minimum rent payable will be at the market rate as reasonably determined by the lessor. Pursuant to the terms of the non‑cancelable lease agreement with Bridgewater Properties Greenwood, LLC, a related party through common ownership, in effect at December 31, 2018, pertaining to the Greenwood location, future minimum rent commitments under the operating lease are listed below. The Greenwood lease contains two consecutive options to extend the lease for a period of five years each. 2018 2019 $ 2020 2021 111 Totals $ 436

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2018
Intangible Assets
Intangible Assets	Note 7: Intangible Assets The following table presents an analysis of intangible assets at December, 31, 2018 and 2017: December 31, 2018 2017 Core Deposit Intangible $ 1,093 $ Favorable Lease 445 Subtotal 1,538 Accumulated Amortization Totals $ 1,052 $ 1,243 Amortization expense of intangible assets was $191 for the years ended December, 31 2018 and 2017 and $104 for the year ended December 31, 2016. The following table shows the estimated future amortization of the core deposit premium intangible and favorable lease asset for the next five years and thereafter. The projections of amortization expense are based on existing asset balances as of December 31, 2018. Core Deposit Favorable Intangible Lease 2019 $ 157 $ 34 2020 157 34 2021 157 34 2022 157 34 2023 65 34 Thereafter - 189 Totals $ 693 $ 359

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Deposits.
Deposits	Note 8: Deposits The following table presents the composition of deposits at December 31, 2018 and 2017: December 31, 2018 2017 Transaction Deposits $ 548,770 $ 469,831 Savings and Money Market Deposits 402,639 369,942 Time Deposits 318,356 292,096 Brokered Deposits 291,169 207,481 Totals $ 1,560,934 $ 1,339,350 Brokered deposits contain brokered money market accounts of $26,990 and $23,810 as of December, 31, 2018 and 2017, respectively. Included within the December 31, 2017 brokered money market accounts was $13,482 of reciprocal deposits, which, by law, were no longer classified as brokered as of December 31, 2018. The following table presents the scheduled maturities of brokered and customer time deposits at December 31, 2018: 2018 Less than 1 Year $ 126,480 1 to 2 Years 206,677 2 to 3 Years 102,970 3 to 4 Years 86,413 Over 4 Years 59,995 Totals $ 582,535 The aggregate amount of time deposits greater than $250 was approximately $111,297 and $104,984 at December, 31, 2018 and 2017, respectively.

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2018
Notes Payable.
Notes Payable	Note 9: Notes Payable During 2016, the Company entered into a note payable with an unaffiliated financial institution that is secured by 100% of the stock of the Bank. The proceeds of the note were partially used to payoff existing notes payable. The note requires interest payments monthly and principal payments of $500 quarterly. Interest is accrued at a variable rate equal to 1‑month LIBOR plus 2.40% and matures in February 2021. The interest rate at December, 31, 2018 and 2017, was 4.75% and 3.76%, respectively. The note contains several financial and reporting covenants. As of December, 31, 2018 and 2017, the Company believes it was in compliance with all covenants. The unpaid principal balance of the note at December, 31, 2018 and 2017, was $15,000 and $17,000, respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities
Derivative Instruments and Hedging Activities	Note 10: Derivative Instruments and Hedging Activities Cash Flow Hedging Instruments During 2016, the Company entered into an interest rate swap agreement with a third party in order to hedge interest rate risk associated with its variable rate note payable. The following table presents a summary of the outstanding interest rate swap used in a cash flow hedge as of December 31, 2018 and 2017: 2018 2017 Notional Amount $ 15,000 $ 17,000 Average Notional Amount 15,750 17,750 Weighted Average Pay Rate 1.21 % 1.21 % Weighted Average Receive Rate 1.97 % 1.07 % Weighted Average Maturity (Years) 2.16 3.16 Net Unrealized Gain $ 352 $ 344 This agreement provides for the Company to make payments at a fixed rate in exchange for receiving payments at a variable rate determined by 1‑month LIBOR. The notional amount is amortized on the same schedule as the note payable and matures on the same date. The swap is determined to be fully effective. The unrealized gain is included in other assets in the consolidated balance sheets.

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	12 Months Ended
	Dec. 31, 2018
Federal Home Loan Bank Advances and Other Borrowings
Federal Home Loan Bank Advances and Other Borrowings	Note 11: Federal Home Loan Bank Advances and Other Borrowings Federal Home Loan Bank Advances. The Company has entered into an Advances, Pledge, and Security Agreement with the FHLB whereby specific mortgage loans of the Bank’s with principal balances of $577,241 and $490,463 at December, 31, 2018 and 2017, respectively, were pledged to the Federal Home Loan Bank as collateral in the event the Company requests any advances on the line. FHLB advances are also secured with FHLB stock owned by the Company. Total remaining available borrowings were $122,120 and $180,942 at December, 31, 2018 and 2017, respectively. The following table presents FHLB advances, by maturity, at December, 31, 2018 and 2017: 2018 2017 Weighted Weighted Average Total Average Total Rate Outstanding Rate Outstanding 2018 N/A $ — 1.49 % 2019 1.47 % 1.47 2020 1.65 1.65 2021 1.99 1.99 2022 2.50 2.10 2023 3.03 N/A — 2024 3.17 N/A — 2025 3.29 N/A — Totals $ $ Federal Reserve Discount Window. At December, 31, 2018 and 2017, the Company had the ability to draw additional borrowings of $114,051 and $37,530, respectively, from the Federal Reserve Bank of Minneapolis. The ability to draw borrowings is based on loan collateral pledged with principal balances of $159,616 and $47,590 as of December, 31, 2018 and 2017, subject to the approval from the Board of Governors of the Federal Reserve System. Federal Funds Purchased. Federal funds purchased mature one business day from the transaction date. There were $18,000 and $23,000 of federal funds purchased outstanding as of December, 31, 2018 and 2017, respectively. The interest rate as of December, 31, 2018 and 2017, was 2.63% and 1.63%, respectively.

Subordinated Debentures

Subordinated Debentures	12 Months Ended
	Dec. 31, 2018
Subordinated Debentures
Subordinated Debentures	Note 12: Subordinated Debentures On July 12, 2017, the Company entered into a Subordinated Note Purchase Agreement with certain institutional accredited investors (the “Purchasers”) whereby the Company sold and issued $25,000 in aggregate principal amount of fixed-to-floating subordinated notes due 2027 (the “Notes”). The Notes were issued by the Company to the Purchasers at a price equal to 100% of their face amount. Issuance costs were $516 and have been netted against Subordinated Debt on the consolidated balance sheets. These costs are being amortized over five years, which represents the period from issuance to the first redemption date of July 15, 2022. Total amortization expense for the year ended December 31, 2018 was $103, respectively, with $370 remaining to be amortized as of December 31, 2018. Total amortization expense for the year ended December 31, 2017 was $43, with $473 remaining to be amortized as of December 31, 2017. The Notes mature on July 15, 2027, with a fixed interest rate of 5.875% payable semiannually in arrears for five years until July 15, 2022. Thereafter, the Company will be obligated to pay interest at a rate equal to 3‑month LIBOR plus 388 basis points quarterly in arrears until either the early redemption date or the maturity date. The Notes are not convertible into or exchangeable for any other securities or assets of the Company or any of its subsidiaries. The Notes are redeemable by the Company, in whole or in part, on or after July 15, 2022, and at any time upon the occurrence of certain events. Any redemption by the Company would be at a redemption price equal to 100% of the outstanding principal amount of the Notes being redeemed, including any accrued and unpaid interest thereon.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related-Party Transactions
Related-Party Transactions	Note 13: Related‑Party Transactions In the ordinary course of business, the Company has granted loans to executive officers, directors, principal shareholders, and their affiliates (related parties). The following table presents the activity associated with loans made between related parties for the years ended December, 31, 2018 and 2017: 2018 2017 Beginning Balance $ 11,344 $ 15,149 New Loans and Advances 35,761 7,858 Repayments Changes to Related Parties 2 Totals $ 39,454 $ 11,344 Deposits from related parties held by the Company at December, 31, 2018 and 2017 were $8,856 and $4,039, respectively. The Company has a related party lease which is disclosed in Note 6. During 2018, the Company entered into an Exchange Agreement with Castle Creek Capital Partners V, LP providing for the exchange of 1,431,796 shares of the Company’s non-voting common stock for 1,431,796 shares of the Company’s voting common stock.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Taxes
Income Taxes	Note 14: Income Taxes On December 22, 2017, the President of the United States signed into law Public Law 115‑97, commonly known as the Tax Cuts and Jobs Act, which amends the Internal Revenue Code to reduce tax rates and modify policies, credits, and deductions for individuals and businesses. For businesses, the Tax Cuts and Jobs Act reduced the federal corporate tax rate from a maximum of 35% to a flat rate of 21%. The rate reduction was effective January 1, 2018. The lower corporate income tax rate reduces the future net tax benefits of timing differences between book and taxable income recorded by the Company as a net deferred tax asset. As of December 31, 2017, the Company revalued its net deferred tax assets and recorded a one‑time additional income tax expense of $2,005 related to the write‑down of deferred tax assets for tax benefits that the Company does not expect to realize. The following table presents the allocation of federal and state income taxes between current and deferred portions as of December, 31, 2018, 2017, and 2016: 2018 2017 2016 Current Tax Provision $ $ $ Deferred Tax Benefit Change in Deferred Taxes Due to Enacted Changes in Tax Law — — Total Income Tax Provision $ $ $ The reasons for the differences between the statutory federal income tax rate and the effective tax rates are summarized as follows as of December, 31, 2018, 2017, and 2016: 2018 2017 2016 Amount Percent Amount Percent Amount Percent Amount of Statutory Rate $ % $ % $ % State Income Taxes (Net of Federal Income Tax Benefit) Interest on Investment Securities and Loans Exempt From Federal Income Tax Historic Tax Credit — — Deferred Tax Asset Revaluation — — — — Other Differences Totals $ % $ % $ % The impact of the deferred tax asset revaluation was offset primarily by the effects of certain federal historic tax credits utilized in the current period. The Company utilizes these credits when the project is placed in service. The Company’s effective tax rate may fluctuate as it is impacted by the level and timing of the Company’s utilization of historic tax credits, low‑income housing tax credits, the level of tax‑exempt investments and loans, and the overall level of pre‑tax income. The following table presents the components of the net deferred tax asset included in other assets, as of December, 31, 2018 and 2017: 2018 2017 Start-up Costs $ 15 $ 33 Depreciation Allowance for Loan Losses 5,757 4,743 Unrealized (Gain) Loss on Securities Available for Sale 491 Unrealized Gain on Cash Flow Hedge Foreclosed Assets — 13 Prepaid Expenses Deferred Compensation 651 495 Other 747 199 Totals $ 6,842 $ 4,720

Tax Credit Investments

Tax Credit Investments	12 Months Ended
	Dec. 31, 2018
Tax Credit Investments
Tax Credit Investments	Note 15: Tax Credit Investments The Company invests in qualified affordable housing projects and federal historic projects for the purpose of community reinvestment and obtaining tax credits. The Company’s tax credit investments are limited to existing lending relationships with well-known developers and projects within the Company’s market area. The following table summarizes the Company’s investments in qualified affordable housing projects and other tax credit investments at December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Investment Accounting Method Investment Unfunded Commitment (1) Investment Unfunded Commitment Low Income Housing Tax Credit (LIHTC) Proportional Amortization $ 2,436 $ — $ — $ — Federal Historic Tax Credit (FHTC) Equity 1,814 3,226 508 1,706 Total $ 4,250 $ 3,226 $ 508 $ 1,706 (1) All commitments are expected to be paid by the Company by December 31, 2019. The following table summarizes the amortization expense and tax benefit recognized for the Company’s qualified affordable housing projects and other tax credit investments during 2018 and 2017. There were was no tax credit benefits recognized in 2016. Amortization Tax Benefit Expense (1) Recognized (2) Year Ended December 31, 2018 LIHTC $ 310 $ (346) FHTC 3,293 (3,782) Total $ 3,603 $ (4,128) Year Ended December 31, 2017 LIHTC $ — $ — FHTC 1,916 (2,225) Total $ 1,916 $ (2,225) (1) The amortization expense for the LIHTC investments are included in income tax expense. The amortization for the FHTC tax credits are included in noninterest expense. (2) All of the tax benefits recognized are included in income tax expense. The tax benefit recognized for the FHTC investments primarily reflects the tax credits generated from the investments, and excludes the net tax expense/benefit of the investments’ income/loss.

Commitments, Contingencies and

Commitments, Contingencies and Credit Risk	12 Months Ended
	Dec. 31, 2018
Commitments, Contingencies and Credit Risk
Commitments, Contingencies and Credit Risk	Note 16: Commitments, Contingencies and Credit Risk Financial Instruments with Off-Balance Sheet Credit Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual, or notional, amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance sheet instruments. Since some of the commitments are expected to expire without being drawn upon and some of the commitments may not be drawn upon to the total extent of the commitment, the notional amount of these commitments does not necessarily represent future cash requirements. The following commitments were outstanding at December 31, 2018 and December 31, 2017: December 31, December 31, 2018 2017 Unfunded Commitments Under Lines of Credit $ 395,032 $ 309,513 Letters of Credit 81,053 64,546 Totals $ 476,085 $ 374,059 Commitments to extend credit are agreements to lend to a customer at fixed or variable rates 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 amount of collateral obtained upon extension of credit is based on management’s credit evaluation of the customer. Collateral held varies but may include accounts receivable; inventory; property, plant, and equipment; real estate; and stocks and bonds. Unfunded commitments under commercial lines of credit, home equity lines of credit, and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit may or may not require collateral and may or may not contain a specific maturity date. Standby letters of credit are conditional lending commitments issued by the Company to guarantee the performance of a customer to a third party. Generally, all standby letters of credit issued have expiration dates within two years. The credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company generally holds collateral supporting these commitments. The Company had outstanding letters of credit with the FHLB in the amount of $129,152 and $63,638 at December 31, 2018 and 2017, respectively, on behalf of customers and to secure public deposits. On August 27, 2018, the Bank and Reuter Walton Commercial, LLC (the “Contractor”) entered into a Standard Form of Agreement Between Owner and Contractor and the corresponding General Conditions of the Contract for Construction (collectively, the “Construction Contract”). Under the Construction Contract, the Contractor will construct the core and shell of a new headquarters building for the Bank in St. Louis Park, Minnesota, and the Bank will pay the Contractor a contract price consisting of the cost of work plus a fee equal to 3.75% of the cost of work, subject to a guaranteed maximum price of $23,000, with anticipated construction completed in 2020. As of December 31, 2018, $1,964 has been paid under this Construction Contract. Legal Contingencies Various legal claims arise from time to time in the normal course of business. In the opinion of management, any liability resulting from such proceedings would not have a material impact on the consolidated financial statements.

Stock Options

Stock Options	12 Months Ended
	Dec. 31, 2018
Stock Options
Stock Options	Note 17: Stock Options The Company established the Bridgewater Bancshares, Inc. 2012 Combined Incentive and Non- Statutory Stock Option Plan (the ‘‘2012 Plan’’) under which the Company may grant options to its directors, officers, and employees for up to 750,000 shares of common stock. Both incentive stock options and nonqualified stock options may be granted under the 2012 Plan. The exercise price of each option equals the fair market value of the Company’s stock on the date of grant and an option’s maximum term is ten years. All outstanding options have been granted with a vesting period of five years. As of December 31, 2018 and 2017, there were no unissued shares of the Company’s common stock authorized for option grants under the 2012 Plan. In 2017, the Company adopted the Bridgewater Bancshares, Inc. 2017 Combined Incentive and Non-Statutory Stock Option Plan (the “2017 Plan”). Under the 2017 Plan, the Company may grant options to its directors, officers, and employees for up to 1,500,000 shares of common stock. Both incentive stock options and nonqualified stock options may be granted under the 2017 Plan. The exercise price of each option equals the fair market value of the Company’s stock on the date of grant and an option’s maximum term is ten years. All outstanding options have been granted with a vesting period of five years. As of December 31, 2018 and 2017, there were 540,000 and 664,000, respectively, of unissued shares of the Company’s common stock authorized for option grants under the 2017 Plan. 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 an industry index as described below. The expected term of options granted is based on historical data and represents the period of time that options granted are expected to be outstanding, which takes into account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. Historically, the Company has not paid a dividend on its common stock and does not expect to do so in the near future. The Company used the S&P 600 CM Bank Index as its historical volatility index. The S&P 600 CM Bank Index is an index of publicly traded small capitalization, regional, commercial banks located throughout the United States. There were 44 banks in the index ranging in market capitalization from $470 million up to $4.5 billion. The weighted average assumptions used in the model for valuing stock option grants in 2018 is as follows: December 31, 2018 Dividend Yield — % Expected Life 7 Years Expected Volatility 20.48 % Risk-Free Interest Rate 2.93 % The following table presents a summary of the status of the Company’s stock option plans for the years ended December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at Beginning of Year 1,721,000 $ 5.68 765,000 $ 2.79 Granted 135,000 12.52 1,046,000 7.47 Exercised (37,900) 2.78 (90,000) 2.01 Forfeitures (11,000) 7.61 — — Outstanding at End of Year 1,807,100 $ 6.24 1,721,000 $ 5.68 Options Exercisable at End of Year 721,100 $ 4.19 419,000 $ 2.83 For the years ended December 31, 2018, 2017 and 2016, the Company recognized compensation expense for stock options of $799, $368, and $222, respectively. The following table presents information pertaining to options outstanding at December 31, 2018: Options Outstanding Options Exercisable Number Remaining Number Exercise Price Outstanding Contractual Life Exercise Price Outstanding $ 1.65 7,500 2.8 Years $ 1.65 7,500 2.13 90,000 4.3 Years 2.13 90,000 3.00 490,000 5.0 Years 3.00 386,000 3.58 50,000 6.0 Years 3.58 30,000 7.47 1,039,600 8.8 Years 7.47 207,600 13.22 25,000 9.4 Years 13.22 — 12.86 45,000 9.7 Years 12.86 — 12.94 35,000 9.8 Years 12.94 — 11.59 25,000 9.8 Years 11.59 — Totals 1,807,100 7.5 Years $ 6.24 $ 721,100 As of December 31, 2018, there was $2,661 of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the 2017 Plan and 2012 Plan that is expected to be recognized over a period of five years. The following is an analysis of nonvested options to purchase shares of the Company’s stock issued and outstanding for the year ended December 31, 2018: Weighted Number of Average Grant Shares Date Fair Value Nonvested Options at December 31, 2017 1,302,000 $ 2.55 Granted 135,000 3.77 Vested (340,000) 2.29 Forfeited (11,000) 2.85 Nonvested Options at December 31, 2018 1,086,000 $ 2.78

Profit Sharing Plan

Profit Sharing Plan	12 Months Ended
	Dec. 31, 2018
Profit Sharing Plan
Profit Sharing Plan	Note 18: Profit Sharing Plan The Company has a combined profit sharing 401(k) plan which provides that an annual contribution, up to 100% of the employees total pay, may be contributed to the plan. Employees are eligible to participate after meeting certain eligibility requirements as defined in the plan and are allowed to make pre‑tax contributions up to the maximum amount allowed by the Internal Revenue Service. The terms of the 401(k) plan require employer match contributions equal to 100% of the employee contributions up to 4% of pay. In addition, the terms of the plan allow for discretionary contributions as determined by the Company and approved by the Board of Directors. The employer match contributions for the 401(k) plan were $483, $304, and $320 for the years ended December, 31, 2018, 2017 and 2016, respectively. The total employer profit sharing contributions to the plan were $328, $250, and $237 for the years ended December, 31, 2018, 2017 and 2016, respectively.

Deferred Compensation Plan

Deferred Compensation Plan	12 Months Ended
	Dec. 31, 2018
Deferred Compensation Plan
Deferred Compensation Plan	Note 19: Deferred Compensation Plan In 2013, the Company implemented a deferred compensation plan for certain employees which allows the Company to make a discretionary contribution to the account of any employee designated as a participant in the plan based upon the participant’s performance for the calendar year. Company contributions to the plan vest on the fourth anniversary of the last day of the calendar year for which the contribution was made to the plan and accrue interest at a rate equal to the Bank’s return on average equity for the immediately preceding calendar year. Distribution of amounts contributed under the plan, including accrued interest, is made in a lump sum cash payment within 75 days following the date such amounts become vested. As of December, 31, 2018 and 2017, the Company had a liability of $2,914 and $2,159, respectively, recorded on the consolidated balance sheets.

Regulatory Capital

Regulatory Capital	12 Months Ended
	Dec. 31, 2018
Regulatory Capital
Regulatory Capital	Note 20: Regulatory Capital Effective January 1, 2015, the capital requirements of the Company and the Bank were changed to implement the regulatory requirements of the Basel III capital reforms. The Basel III requirements, among other things, (i) apply a strengthened set of capital requirements to the Company and Bank, including requirements related to common equity as a component of core capital, (ii) implement a “capital conservation buffer” against risk and higher minimum tier 1 capital requirement, and (iii) revise the rules for calculating risk-weighted assets for purposes of such requirements. The rules made corresponding revisions to the prompt corrective action framework and include the new capital ratios and buffer requirements which were phased in incrementally, with full implementation on January 1, 2019. 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 financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank 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 classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and Bank to maintain minimum amounts and ratios (set forth in the table and defined in the regulation) of Total Capital to Risk Weighted Assets, Tier 1 Capital to Risk Weighted Assets, Common Equity Tier 1 Capital to Risk Weighted Assets, and Tier 1 Capital to Average Assets. The following tables present the Company and the Bank’s capital amounts and ratios as of December 31, 2018 and 2017: To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Regulations December 31, 2018 Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) Company (Consolidated): Total Risk-Based Capital $ 263,909 14.55 % $ 145,111 8.00 % N/A N/A Tier 1 Risk-Based Capital 218,888 12.07 108,833 6.00 N/A N/A Common Equity Tier 1 Capital 218,888 12.07 81,625 4.50 N/A N/A Tier 1 Leverage Ratio 218,888 11.23 77,971 4.00 N/A N/A Bank: Total Risk-Based Capital $ 230,865 12.76 % $ 144,776 8.00 % $ 180,970 10.00 % Tier 1 Risk-Based Capital 210,474 11.63 108,582 6.00 144,776 8.00 Common Equity Tier 1 Capital 210,474 11.63 81,436 4.50 117,630 6.50 Tier 1 Leverage Ratio 210,474 10.82 77,795 4.00 97,244 5.00 To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Regulations December 31, 2017 Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) Company (Consolidated): Total Risk-Based Capital $ 173,848 12.46 % $ 111,638 8.00 % N/A N/A Tier 1 Risk-Based Capital 132,459 9.49 83,729 6.00 N/A N/A Common Equity Tier 1 Capital 132,459 9.49 62,797 4.50 N/A N/A Tier 1 Leverage Ratio 132,459 8.38 63,264 4.00 N/A N/A Bank: Total Risk-Based Capital $ 171,805 12.37 % $ 111,134 8.00 % $ 138,918 10.00 % Tier 1 Risk-Based Capital 154,943 11.15 83,351 6.00 111,134 8.00 Common Equity Tier 1 Capital 154,943 11.15 62,513 4.50 90,297 6.50 Tier 1 Leverage Ratio 154,943 9.83 63,060 4.00 78,825 5.00 The Bank must maintain a capital conservation buffer as defined by Basel III regulatory capital guidelines, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers. For 2018 and 2017, the capital conservation buffer was 1.875% and 1.25%, respectively. The buffer increased incrementally each year until 2019, and the entire 2.5% capital conservation buffer is now fully phased-in. Management believes that, as of December 31, 2018 and 2017, the Company and the Bank’s capital ratios were in excess of those quantitative capital ratio standards applicable on those dates, set forth under the prompt corrective action regulations, including the capital conservation buffer described above. However, there can be no assurance that the Company and the Bank will continue to maintain such status in the future.

Fair Value Measurement

Fair Value Measurement	12 Months Ended
	Dec. 31, 2018
Fair Value Measurement
Fair Value Measurement	Note 21: Fair Value Measurement The Company categorizes its assets and liabilities measured at fair value into a three-level hierarchy based on the priority of the inputs to the valuation technique used to determine fair value. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used in the determination of the fair value measurement fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement. Assets and liabilities valued at fair value are categorized based on the inputs to the valuation techniques as follows: Level 1 – Inputs that utilized quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 – Inputs that include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instruments. Fair values for these instruments are estimated using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. Level 3 – Inputs that are unobservable for the asset or liability, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. Subsequent to initial recognition, the Company may re-measure the carrying value of assets and liabilities measured on a nonrecurring basis to fair value. Adjustments to fair value usually result when certain assets are impaired. Such assets are written down from their carrying amounts to their fair value. Professional standards allow entities the irrevocable option to elect to measure certain financial instruments and other items at fair value for the initial and subsequent measurement on an instrument-by-instrument basis. The Company adopted the policy to value certain financial instruments at fair value. The Company has not elected to measure any existing financial instruments at fair value; however, it may elect to measure newly acquired financial instruments at fair value in the future. Recurring Basis The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The following table presents the balances of the assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 and 2017: December 31, 2018 Level 1 Level 2 Level 3 Total Securities Available for Sale: U.S. Treasury Securities $ 17,897 $ — $ — $ 17,897 Municipal Bonds — 118,133 — 118,133 Mortgage-Backed Securities — 47,176 — 47,176 Corporate Securities — 21,118 — 21,118 SBA Securities — 49,054 — 49,054 Interest Rate Swap — 352 — 352 Totals $ 17,897 $ 235,833 $ — $ 253,730 December 31, 2017 Level 1 Level 2 Level 3 Total Securities Available for Sale: Municipal Bonds $ — $ 118,320 $ — $ 118,320 Mortgage-Backed Securities — 60,681 — 60,681 Corporate Securities — 5,107 — 5,107 SBA Securities — 45,383 — 45,383 Interest Rate Swap — 344 — 344 Totals $ — $ 229,835 $ — $ 229,835 Investment Securities When available, the Company uses quoted market prices to determine the fair value of investment securities; such items are classified in Level 1 of the fair value hierarchy. For the Company’s investments, when quoted prices are not available for identical securities in an active market, the Company determines fair value utilizing vendors who apply matrix pricing for similar bonds where no price is observable or may compile prices from various sources. These models are primarily industry-standard models that consider various assumptions, including time value, yield curve, volatility factors, prepayment speeds, default rates, loss severity, current market, and contractual prices for the underlying financial instruments, as well as other relevant economic measures. Substantially, all of these assumptions are observable in the marketplace and can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Fair values from these models are verified, where possible, against quoted market prices for recent trading activity of assets with similar characteristics to the security being valued. Such methods are generally classified as Level 2. However, when prices from independent sources vary, or cannot be obtained or corroborated, a security is generally classified as Level 3. Interest Rate Swap Interest rate swaps are traded in over-the-counter markets where quoted market prices are not readily available. For those interest rate swaps, fair value is determined using internally developed models of a third party that uses primarily market observable inputs, such as yield curves and option volatilities, and accordingly are valued using Level 2 inputs. Nonrecurring Basis Certain assets are measured at fair value on a nonrecurring basis. These assets are not measured at fair value on an ongoing basis; however, they are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment or a change in the amount of previously recognized impairment. The following tables present net impairment losses related to nonrecurring fair value measurements of certain assets for the periods ended December 31, 2018, 2017 and 2016: December 31, 2018 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 426 $ — $ 396 Totals $ — $ 426 $ — $ 396 December 31, 2017 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 464 $ — $ 109 Totals $ — $ 464 $ — $ 109 December 31, 2016 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 527 $ — $ 157 Foreclosed Assets — 2,210 — 644 Totals $ — $ 2,737 $ — $ 801 Impaired Loans In accordance with the provisions of the loan impairment guidance, impairment is measured on loans when it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, or discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceeds the recorded investments in such loans. Impaired loans for which an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. Collateral values are estimated using Level 2 inputs based on customized discounting criteria. Impairment amounts on impaired loans represent specific valuation allowance and write-downs during the period presented on impaired loans that were individually evaluated for impairment based on the estimated fair value of the collateral less estimated selling costs, excluding impaired loans fully charged-off. Foreclosed Assets Foreclosed assets are recorded at fair value based on property appraisals, less estimated selling costs, at the date of the transfer with any impairment amount charged to the allowance for loan losses. Subsequent to the transfer, foreclosed assets are carried at the lower of cost or fair value, less estimated selling costs with changes in fair value or any impairment amount recorded in other noninterest expense. Values are estimated using Level 2 inputs based on customized discounting criteria. The carrying value of foreclosed assets is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair Value Disclosure of fair value information about financial instruments, for which it is practicable to estimate that value, is required whether or not recognized in the consolidated balance sheets. In cases where quoted market prices are not available, fair values are based on estimates using present value of cash flow or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimate of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases could not be realized in immediate settlement of the instruments. Certain financial instruments with a fair value that is not practicable to estimate and all non-financial instruments are excluded from the disclosure requirements. Accordingly, the aggregate fair value amounts presented do not necessarily represent the underlying value of the Company. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters that could affect the estimates. Fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business. Deposits with no stated maturities are defined as having a fair value equivalent to the amount payable on demand. This prohibits adjusting fair value derived from retaining those deposits for an expected future period of time. This component, commonly referred to as a deposit base intangible, is neither considered in the below amounts nor is it recorded as an intangible asset on the balance sheet. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates. The following tables present the carrying amount and estimated fair values of financial instruments at December 31, 2018 and 2017: December 31, 2018 Fair Value Hierarchy Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and Due From Banks $ 28,444 $ 28,444 $ — $ — $ 28,444 Bank-Owned Certificates of Deposit 3,305 — 3,292 — 3,292 Securities Available for Sale 253,378 17,897 235,481 — 253,378 FHLB Stock, at Cost 7,614 — 7,614 — 7,614 Loans, Net 1,640,385 — 1,634,196 — 1,634,196 Accrued Interest Receivable 6,589 — 6,589 — 6,589 Interest Rate Swap 352 — 352 — 352 Financial Liabilities: Deposits $ 1,560,934 $ — $ 1,560,488 $ — $ 1,560,488 Federal Funds Purchased 18,000 — 18,000 — 18,000 Notes Payable 15,000 — 15,551 — 15,551 FHLB Advances 124,000 — 124,952 — 124,952 Subordinated Debentures 24,630 — 25,365 — 25,365 Accrued Interest Payable 1,806 — 1,806 — 1,806 December 31, 2017 Fair Value Hierarchy Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and Due From Banks $ 23,725 $ 23,725 $ — $ — $ 23,725 Bank-Owned Certificates of Deposit 3,072 — 3,075 — 3,075 Securities Available for Sale 229,491 — 229,491 — 229,491 FHLB Stock, at Cost 5,147 — 5,147 — 5,147 Loans, Net 1,326,507 — 1,323,495 — 1,323,495 Accrued Interest Receivable 5,342 — 5,342 — 5,342 Interest Rate Swap 344 — 344 — 344 Financial Liabilities: Deposits $ 1,339,350 $ — $ 1,340,109 $ — $ 1,340,109 Federal Funds Purchased 23,000 — 23,000 — 23,000 Notes Payable 17,000 — 17,024 — 17,024 FHLB Advances 68,000 — 67,282 — 67,282 Subordinated Debentures 24,527 — 25,090 — 25,090 Accrued Interest Payable 1,408 — 1,408 — 1,408 The following methods and assumptions were used by the Company to estimate fair value of consolidated financial statements not previously discussed. Cash and due from banks – The carrying amount of cash and cash equivalents approximates their fair value. Bank-owned certificates of deposit – Fair values of bank-owned certificates of deposit are estimated using the discounted cash flow analysis based on current rates for similar types of deposits. FHLB stock – The carrying amount of FHLB stock approximates its fair value. Loans, Net – Fair values for loans are estimated based on discounted cash flows, using interest rates currently being offered for loans with similar terms to borrowers with similar credit quality. Accrued interest receivable – The carrying amount of accrued interest receivable approximates its fair value since it is short term in nature and does not present anticipated credit concerns. Deposits – The fair values disclosed for demand deposits without stated maturities (interest and noninterest transaction, savings, and money market accounts) are equal to the amount payable on demand at the reporting date (their carrying amounts). Fair values for the fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits. Federal funds purchased – The carrying amount of federal funds purchased approximates the fair value. Notes payable and subordinated debentures – The fair value of the Company’s notes payable and subordinated debentures are estimated using a discounted cash flow analysis, based on the Company’s current incremental borrowing rate for similar types of borrowing arrangements. FHLB advances – The fair values of the Company’s FHLB advances are estimated using discounted cash flow analysis based on the Company’s current incremental borrowing rates for similar types of borrowing agreements. Accrued interest payable – The carrying amount of accrued interest payable approximates its fair value since it is short term in nature. Off-balance sheet instruments – Fair values of the Company’s off-balance sheet instruments (lending commitments and unused lines of credit) are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements, the counterparties’ credit standing and discounted cash flow analysis. The fair value of these off-balance sheet items approximates the recorded amounts of the related fees and was not material at December 31, 2018 and 2017. Limitations – The fair value of a financial instrument is the current amount that would be exchanged between market participants, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Consequently, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)	Note 22: Accumulated Other Comprehensive Income (Loss) The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2018, 2017, and 2016. Before Tax Tax Effect Net of Tax Year Ended December 31, 2018 Net Unrealized Loss on Available for Sale Securities $ (3,804) $ 852 $ (2,952) Less: Reclassification Adjustment for Net Losses Included in Net Income 125 (26) 99 Total Unrealized Loss (3,679) 826 (2,853) Net Unrealized Gain on Cash Flow Hedge 9 (2) 7 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 9 (2) 7 Other Comprehensive Loss $ (3,670) $ 824 $ (2,846) Year Ended December 31, 2017 Net Unrealized Gain on Available for Sale Securities $ 6,354 $ (2,236) $ 4,118 Less: Reclassification Adjustment for Net Losses Included in Net Income 250 (88) 162 Total Unrealized Gain 6,604 (2,324) 4,280 Net Unrealized Gain on Cash Flow Hedge 121 (42) 79 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 121 (42) 79 Other Comprehensive Income $ 6,725 $ (2,366) $ 4,359 Year Ended December 31, 2016 Net Unrealized Loss on Available for Sale Securities $ (5,860) $ 2,052 $ (3,808) Less: Reclassification Adjustment for Net Gains Included in Net Income (830) 290 (540) Total Unrealized Loss (6,690) 2,342 (4,348) Net Unrealized Gain on Cash Flow Hedge (78) 145 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 223 (78) 145 Other Comprehensive Loss $ (6,467) $ 2,264 $ (4,203) The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2018, 2017, and 2016. Accumulated Available For Other Comprehensive Sale Securities Cash Flow Hedge Income (Loss) Year Ended December 31, 2018 Balance at Beginning of Year $ 860 $ 224 $ 1,084 Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act 147 47 194 Other Comprehensive Income (Loss) Before Reclassifications (2,952) 7 (2,945) Amounts Reclassified from Accumulated Other Comprehensive Income 99 — 99 Net Other Comprehensive Income During Period (2,853) 7 (2,846) Balance at End of Year $ (1,846) $ 278 $ (1,568) Year Ended December 31, 2017 Balance at Beginning of Year $ (3,420) $ 145 $ (3,275) Other Comprehensive Income (Loss) Before Reclassifications 4,118 79 4,197 Amounts Reclassified from Accumulated Other Comprehensive Income 162 — 162 Net Other Comprehensive Income During Period 4,280 79 4,359 Balance at End of Year $ 860 $ 224 $ 1,084 Year Ended December 31, 2016 Balance at Beginning of Year $ 928 $ — $ 928 Other Comprehensive Income (Loss) Before Reclassifications (3,808) 145 (3,663) Amounts Reclassified from Accumulated Other Comprehensive Income (540) — (540) Net Other Comprehensive Income During Period (4,348) 145 (4,203) Balance at End of Year $ (3,420) $ 145 $ (3,275)

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Information
Parent Company Financial Information	Note 23: Parent Company Financial Information The following information presents the condensed balance sheets of the Parent Company as of December 31, 2018 and 2017 and the condensed statements of income and cash flows for the years ended December 31, 2018, 2017 and 2016: Condensed Balance Sheets December 31, December 31, 2018 2017 ASSETS Cash and Cash Equivalents $ 45,498 $ Investment in Subsidiaries 213,676 Premises and Equipment, Net 816 Other Assets 1,571 Total Assets $ 261,561 $ LIABILITIES AND EQUITY LIABILITIES Notes Payable $ 15,000 $ Subordinated Debentures, Net of Issuance Costs 24,630 Accrued Interest Payable 745 Other Liabilities 188 Total Liabilities 40,563 SHAREHOLDERS’ EQUITY Common Stock—$0.01 par value Voting Common Stock—Authorized 75,000,000 301 Non-voting Common Stock‑ Authorized 10,000,000 - Additional Paid‑In Capital 126,031 Retained Earnings 96,234 Accumulated Other Comprehensive Income (Loss) Total Shareholders’ Equity 220,998 Total Liabilities and Shareholders' Equity $ 261,561 $ Condensed Statements of Income December 31, December 31, December 31, 2018 2017 2016 INCOME Dividend Income $ $ — $ Interest Income Other Income Total Income EXPENSE Interest Expense Other Expenses Total Interest Expense LOSS BEFORE INCOME TAX BENEFIT AND EQUITY IN UNDISTRIBUTED EARNINGS Income Tax Benefit INCOME (LOSS) BEFORE EQUITY IN UNDISTRIBUTED EARNINGS Equity in Undistributed Earnings NET INCOME $ $ $ Condensed Statements of Cash Flows December 31, December 31, December 31, 2018 2017 2016 CASH FLOWS FROM OPERATING ACTIVITIES Net Income $ $ $ Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities: Equity in Undistributed Earnings of Subsidiaries Changes in Other Assets and Liabilities Net Cash Provided (Used) by Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Net Decrease in Loans — — Investment in Subsidiaries (25,000) Net Cash Used in Investing Activities (25,000) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from Notes Payable — — Principal Payments on Notes Payable (2,000) Proceeds from Issuance of Subordinated Debt — — Principal Payments on Subordinated Debentures — — Stock Options Exercised Issuance of Common Stock — Redemption and Cancellation of Common Stock — — Net Cash Provided by Financing Activities NET CHANGE IN CASH AND CASH EQUIVALENTS Cash and Cash Equivalents Beginning Cash and Cash Equivalents Ending $ $ $

Quarterly Condensed Financial I

Quarterly Condensed Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Condensed Financial Information (Unaudited)
Quarterly Condensed Financial Information (Unaudited)	Note 24: Quarterly Condensed Financial Information (Unaudited) The following tables present the unaudited quarterly condensed financial information for the years ended December 31, 2018 and 2017: 2018 Quarter Ended March 31 June 30 September 30 December 31 (dollars in thousands) Interest Income $ 18,710 $ 20,392 $ 22,136 $ 23,988 Interest Expense 3,947 4,493 5,502 6,546 Net Interest Income 14,763 15,899 16,634 17,442 Provision for Loan Losses 600 900 1,275 800 Net Interest Income after Provision for Loan Losses 14,163 14,999 15,359 16,642 Noninterest Income 387 485 814 857 Noninterest Expense 6,532 6,464 7,526 11,040 Income Before Income Taxes 8,018 9,020 8,647 6,459 Provision (Benefit) for Income Taxes 2,068 2,274 2,184 (1,302) Net Income $ 5,950 $ 6,746 $ 6,463 $ 7,761 Earnings per share Basic $ $ $ $ Diluted $ $ $ $ 2017 Quarter Ended March 31 June 30 September 30 December 31 (dollars in thousands) Interest Income $ 14,612 $ 15,774 $ 17,384 $ 18,576 Interest Expense 2,421 2,702 3,323 3,727 Net Interest Income 12,191 13,072 14,061 14,849 Provision for Loan Losses 950 825 1,200 1,200 Net Interest Income after Provision for Loan Losses 11,241 12,247 12,861 13,649 Noninterest Income 480 486 987 583 Noninterest Expense 5,254 5,271 6,109 8,862 Income Before Income Taxes 6,467 7,462 7,739 5,370 Provision (Benefit) for Income Taxes 2,384 2,665 3,064 2,036 Net Income $ 4,083 $ 4,797 $ 4,675 $ 3,334 Earnings per share Basic $ $ $ $ Diluted $ $ $ $

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events
Subsequent Events	Note 25: Subsequent Events Stock Repurchase Program On January 22, 2019, the Company adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to $15 million of its common stock during the 24-month period beginning on January 22, 2019. The stock repurchase program permits the Company’s management to acquire shares of the Company’s common stock from time to time in the open market in accordance with Rule 10b-18 of the Securities Exchange Act or in privately negotiated transactions at prices management considers to be attractive and in the best interests of the Company and its shareholders. The stock repurchase program does not obligate the Company to repurchase shares of its common stock, and there is no assurance that the Company will do so. Any repurchases are subject to compliance with applicable laws and regulations. Repurchases will be conducted in consideration of general market and economic conditions, regulatory requirements, availability of funds, and other relevant considerations, as determined by the Company. The stock repurchase program may be modified, suspended or discontinued at any time at the discretion of the Company’s Board of Directors. 2019 Equity Incentive Plan The Board of Directors has approved the 2019 Equity Incentive Plan, or 2019 Plan, which authorizes the issuance of 1,000,000 shares. Adoption of the 2019 Plan is subject to shareholder approval.

Description of the Business a_2

Description of the Business and Summary of Significant Accounting Policies (Policies )	12 Months Ended
	Dec. 31, 2018
Description of the Business and Summary of Significant Accounting Policies
Initial Public Offering	Initial Public Offering On March 16, 2018, the Company completed an initial public offering (“IPO”) and received net proceeds, after deducting underwriting discounts and offering expenses, of $58.9 million for the shares of common stock sold by the Company in the offering.
Exchange Agreement	Exchange Agreement During 2018, the Company exchanged a total of 3,845,860 shares of the Company’s non-voting common stock, which represented 100% of the outstanding shares of non-voting common stock, for 3,845,860 shares of the Company’s voting common stock. During the IPO, Castle Creek Capital Partners V, LP and GCP Capital Partners Holdings LLC and certain of its affiliated/managed funds transferred 1,022,318 shares of the Company’s non-voting common stock to the underwriters to be converted into shares of common stock. In October 2018, the Company entered into Exchange Agreements with Castle Creek Capital Partners V, LP, EJF Sidecar Fund, Series LLC – Series E and Endeavour Regional Bank Opportunities Fund II LP providing for the exchange of the remaining 2,823,542 shares of the Company’s non-voting common stock for 2,823,542 shares of the Company’s common stock.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the amounts of the Company, the Bank, with locations in Bloomington, Greenwood, Minneapolis (2), St. Louis Park, Orono, and St. Paul, Minnesota, BWB Holdings, LLC, Bridgewater Investment Management, Inc., and Bridgewater Risk Management, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates in Preparation of Financial Statements	Use of Estimates in Preparation of Financial Statements The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the valuation of securities, determination of the allowance for loan losses, calculation of deferred tax assets, and fair value of financial instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents For purpose of the consolidated statements of cash flows, cash and cash equivalents include cash, both interest bearing and noninterest bearing balances due from banks and federal funds sold, all of which mature within 90 days. Cash flows from loans and deposits are reported net.
Bank-Owned Certificates of Deposit	Bank-Owned Certificates of Deposit Bank -owned certificates of deposit mature within five years and are carried at cost.
Securities Available for Sale	Securities Available for Sale Debt securities are classified as available for sale and are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Realized gains and losses on securities available for sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income (loss). Gains and losses on sales of securities are determined using the specific identification method on the trade date. The amortization of premiums and accretion of discounts are recognized in interest income using methods approximating the interest method over the period to maturity. Declines in the fair value of individual available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to the fair value. The Company monitors the investment security portfolio for impairment on an individual security basis and has a process in place to identify securities that could potentially have a credit impairment that is other than temporary. This process involves analyzing the length of time and the extent to which the fair value has been less than the amortized cost basis, the market liquidity for the security, the financial condition and near-term prospects of the issuer, expected cash flows, and the Company’s intent and ability to hold the investment for a period of time sufficient to recover the temporary loss. The ability to hold is determined by whether it is more likely than not that the Company will be required to sell the security before its anticipated recovery. A decline in value due to a credit event that is considered other than temporary is recorded as a loss in noninterest income.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid balances adjusted for charge-offs, the allowance for loan losses, any deferred fees or costs on originated loans, and premiums or discounts on purchased loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and recognized as an adjustment of the related loan yield using the interest method. Amortization of deferred loan fees is discontinued when a loan is placed on nonaccrual status. The accrual of interest on all loans is discounted if the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued, but not collected for loans that are placed on nonaccrual or charged-off is reversed against interest income and amortization of related deferred loan fees or costs is suspended. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. The cash-basis is used when a determination has been made that the principal and interest of the loan is collectible. If collectability of the principal and interest is in doubt, payments are applied to loan principal. The determination of ultimate collectability is supported by a current, well documented credit evaluation of the borrower’s financial condition and prospects for repayment, including consideration of the borrower’s sustained historical repayment performance and other relevant factors. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the borrower has demonstrated a period of sustained performance, and future payments are reasonably assured. A sustained period of repayment performance generally would be a minimum of six months.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses (the ‘‘allowance’’) is an estimate of loan losses inherent in the Company’s loan portfolio. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after loan losses and loan growth. Loan losses are charged-off against the allowance when the Company determines all or a portion of the loan balance to be uncollectible. Cash received on previously charged-off amounts is recorded as a recovery to the allowance. The allowance consists of three primary components, general reserves, specific reserves related to impaired loans, and unallocated reserves. The general component covers nonimpaired loans and is based on historical losses adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the most recent five years. This actual loss experience is adjusted for economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; trends in volume and terms of loans; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of change in credit concentrations. These factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Loans determined to be impaired are individually evaluated for impairment. An impaired loan is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, or, as a practical expedient, at the loan’s observable market price, or the fair value of the underlying collateral. The fair value of collateral, reduced by costs to sell on a discounted basis, is used if a loan is collateral dependent. A loan is collateral dependent if the repayment is expected to be provided solely by the underlying collateral. Allowance allocations other than general and specific reserves are included in the unallocated portion. While allocations are made for loans and leases based upon historical loss analysis, the unallocated portion is designed to cover the uncertainty of how current economic conditions and other uncertainties may impact the existing loan portfolio. Factors to consider include global, national and state economic conditions such as changes in unemployment rates and productivity, geopolitical tensions, monetary and fiscal policy uncertainty, political gridlock, and real estate market trends. The unallocated reserve addresses inherent probable losses not included elsewhere in the allowance for loan losses. Under certain circumstances, the Company will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above in the calendar year of the restructuring. In subsequent years, a restructured loan may cease being classified as impaired if the loan was modified at a market rate and is performing according to the modified terms. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Restructured loans can involve loans remaining on nonaccrual, moving to nonaccrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. Nonaccrual restructured loans are included and treated with other nonaccrual loans. The Company assigns risk ratings to all loans and periodically performs detailed internal reviews of all such loans over a certain threshold to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by the Company’s regulators. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate, and the fair values of collateral securing the loans. These credit quality indicators are used to assign a risk rating to each individual loan. The risk ratings can be grouped into five major categories defined as follows: Pass: A pass loan is a credit with no known or existing potential weaknesses deserving of management’s close attention. Watch: Loans classified as watch have a potential weakness that deserves management’s close attention. If left uncorrected, this potential weakness may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date. Watch loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Substandard: Loans classified as substandard are not adequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. Well defined weaknesses include a borrower’s lack of marketability, inadequate cash flow or collateral support, failure to complete construction on time, or the failure to fulfill economic expectations. They are characterized by the distinct possibility that the Company will sustain loss if the deficiencies are not corrected. Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or repayment in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss : Loans classified as loss are considered uncollectible and charged-off immediately. The Company maintains a separate general valuation allowance for each portfolio segment. These portfolio segments include commercial, construction and land development, 1-4 family mortgage, multifamily, CRE owner occupied, CRE non-owner occupied, and consumer and other with risk characteristics described as follows: Commercial: Commercial loans generally are loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or for other business related purposes. Commercial lending is not without risk as this asset class has generally exhibited higher loss rates compared to other loan types. The primary repayment source for commercial and industrial loans are the existing cash flows of operating businesses which can be adversely affected by company, industry and economic business cycles. Economic trends influenced by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. The liquidation of collateral, typically accounts receivable, inventory, equipment, or other business assets, is the primary source of principal repayment if the borrower defaults. The value of these assets can be uncertain in a liquidation scenario. Construction and Land Development: Construction and land development loans generally possess a higher inherent risk of loss and have experienced the highest loss rates of any loan category based on statistics published by the FDIC. Risks associated with these loans often include the borrower’s ability to complete the project within specified costs and timelines and the reliance on the sale of the completed project as the primary repayment source for the loan. Trends in the commercial and residential construction industries can significantly impact the credit quality of these loans due to supply and demand imbalances. In addition, fluctuations in real estate values can significantly impact the credit quality of these loans, as property values may determine the economic viability of construction projects and adversely impact the value of the collateral securing the loan. 1-4 Family Mortgage: The degree of risk in residential mortgage lending involving owner occupied properties depends primarily on the borrower’s ability to repay in an orderly fashion and the loan amount in relation to collateral value. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. Weak economic trends indicate that the borrower’s capacity to repay their obligations may be deteriorating. Residential mortgage lending also includes the credits to finance nonowner occupied properties used as rentals. These loans can involve additional risks as the borrower’s ability to repay is based on the net operating income from the property which can be impacted by occupancy levels, rental rates, and operating expenses. Declines in net operating income can negatively impact the value of the property which increases the credit risk in the event of default. While 1-4 family mortgage loans have historically possessed a lower inherent risk of loss than other real estate portfolio segments, this loan class was significantly impacted during the last recession due in part to weak credit underwriting and speculative lending practices which led to higher default rates and deterioration in residential real estate values. Multifamily: Multifamily lending has historically had the lowest default rate of any loan class. Nonetheless, economic factors such as unemployment, wage growth and home affordability can impact vacancy rates and property cash flow. In addition, an overbuilt supply of multifamily units can increase competition amongst properties and could have an adverse effect on leasing rates and overall occupancy, which could result in higher default rates and possible loan losses. CRE Owner Occupied: Owner occupied commercial real estate loans are generally reliant on a single tenant as the repayment source for the loan. The underlying business can be affected by changes in industry and economic business cycles, unemployment and other key economic indicators, which could impact the cash flows of the business and their ability to make rental payments. Certain types of businesses also may require specialized facilities that can increase costs and may not be economically feasible to an alternative user, which could adversely impact the market value of the collateral. CRE Non-owner Occupied: Non-owner occupied commercial real estate loans can possess a higher inherent risk of loss as the primary repayment source for these loans is based on the net operating income from the underlying property. Changes in economic and market conditions can affect different segments of commercial real estate by impacting overall leasing rates, absorption timelines, vacancy rates, and operating expenses. Banks which are concentrated in commercial real estate lending are subject to additional regulatory scrutiny and must employ enhanced risk management practices. Consumer and Other: The consumer and other loan portfolio is usually comprised of a large number of small loans scheduled to be amortized over a specific period. Most loans are made directly for consumer purchases. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of these loans. Weak economic trends indicate the borrowers’ capacity to repay their obligations may be deteriorating. Although management believes the allowance to be adequate, ultimate losses may vary from its estimates. At least quarterly, the Board of Directors reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions, and other factors. If the Board of Directors and management determine that changes are warranted based on those reviews, the allowance is adjusted. In addition, the Company’s regulators assess the adequacy of the allowance from time to time. The regulatory agencies may require adjustments to the allowance based on their judgement about information available at the time of their review and examinations.
Off-Balance-Sheet Instruments	Off-Balance Sheet Instruments In the ordinary course of business, the Company has entered into off-balance sheet instruments including commitments to extend credit and unfunded commitments under lines of credit, standby letters of credit, and commercial letters of credit. Such financial instruments are recorded in the consolidated financial statements when they become payable. The Company maintains a separate allowance for off-balance sheet commitments. Management estimates anticipated losses using historical data and utilization assumptions. The allowance for off-balance sheet commitments is included in other liabilities.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock The Bank is a member of FHLB Des Moines. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. Restricted stock is carried at cost and periodically evaluated for impairment. Because this stock is viewed as a long-term investment, impairment is based on ultimate recovery at par value. Both cash and stock dividends are reported as income.
Premises and Equipment	Premises and Equipment Land is stated at cost. Premises and equipment are stated at cost less accumulated depreciation on the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the shorter of the estimated useful life or lease term for leasehold improvements. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains and losses on dispositions are included in current operations.
Foreclosed Assets	Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated selling cost at the date of foreclosure, establishing a new cost basis. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance. Subsequent to foreclosure, valuations are periodically performed by management and the assets held for sale are carried at the lower of the new cost basis or fair value less cost to sell. This evaluation is inherently subjective and requires estimates that are susceptible to significant revisions as more information becomes available. Impairment losses on assets to be held and used are measured at the amount by which the carrying amount of a property exceeds its fair value. Costs relating to holding and improving assets are expensed. Revenues and expenses from operations are included in other noninterest income and expense on the income statement.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Intangible assets attributed to the value of core deposits and favorable lease terms are stated at cost less accumulated amortization and reported in other intangible assets in the consolidated balance sheets. Intangible assets are amortized on a straight-line basis over the estimated lives of the assets. The excess of purchase price over fair value of net assets acquired is recorded as goodwill and is not amortized. The Company evaluates whether goodwill and other intangible assets may be impaired at least annually and whenever events or changes in circumstances indicate it is more likely than not the fair value of the reporting unit or asset is less than its carrying amount.
Transfers of Financial Assets and Participating Interests	Transfers of Financial Assets and Participating Interests Transfers of an entire financial asset or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, and (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so.
Advertising	Advertising Advertising costs are expensed as incurred.
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many factors including estimates of the timing of reversals of temporary differences, the interpretation of federal and state income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax liabilities. Under GAAP, a valuation allowance is required to be recognized if it is ‘‘more likely than not’’ that the deferred tax asset will not be realized. The determination of the realizability of the deferred tax assets is highly subjective and dependent upon judgment concerning management’s evaluation of both positive and negative evidence, the forecasts of future income, applicable tax planning strategies, and assessments of the current and future economic and business conditions. In preparation of the income tax returns, tax positions are taken based on interpretation of federal and state income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts ultimately due or owed. The Company can recognize in financial statements the impact of a tax position taken, or expected to be taken, if it is more likely than not that the position will be sustained on audit based on the technical merit of the position. See Note 14 for additional disclosures. The Company recognizes both interest and penalties as a component of other noninterest expenses. The amount of the uncertain tax positions was not deemed to be material. It is not expected that the unrecognized tax benefit will be material within the next 12 months. The Company did not recognize any interest or penalties for the years ended December 31, 2018, 2017 and 2016. The Company is no longer subject to federal or state tax examination by tax authorities for years ending before December 31, 2015.
Tax Credit Investments	Tax Credit Investments The Company invests in qualified affordable housing projects and federal historic projects for the purpose of community reinvestment and obtaining tax credits. These investments are included in other assets on the balance sheet, with any unfunded commitments included within other liabilities. The qualified affordable housing projects are accounted for under the proportional amortization method and are over the period that the Company expects to receive the tax credits, with the expense included within income tax expense on the consolidated statements of income. The historic tax credits are accounted for under the equity method, with the expense included within noninterest expense on the consolidated statements of income. Management analyzes these investments for potential impairment when events or changes in circumstances indicate that it is more likely than not that the carrying amount of the investment will not be realized. An impairment loss is measured as the amount by which the carrying amount of an investment exceeds its fair value.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Recognized revenue, expenses, gains, and losses are included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available for sale and changes in the fair value of derivative instruments designated as a cash flow hedge, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income (loss).
Derivative Financial Instruments	Derivative Financial Instruments The Company is exposed to certain risks in relation to its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. An interest rate swap was entered into to manage interest rate risk associated with the Company’s variable rate notes payable. Accounting standards require the Company to recognize all derivative instruments as either assets or liabilities at fair value in the consolidated balance sheets. The Company designates its interest rate swap as a cash flow hedge of its variable rate notes payable. The changes in fair value of the interest rate swap agreement is recognized in earnings or in other comprehensive income (loss) if the interest rate swap qualifies for hedge accounting. A derivative that does not qualify, or is not designated as a hedge will be reflected at fair value, with changes in value recognized in noninterest income. The effective portion of the changes in fair values of derivatives that qualify as cash flow hedges are recorded in other comprehensive income (loss). Amounts receivable or payable under the swap agreement are reclassified from other comprehensive income to net income as an adjustment to the expense of the related transaction. These amounts are included in the consolidated statements of income as interest expense.
Stock-based Compensation	Stock-based Compensation The Company’s stock-based compensation plans provide for awards of stock options to directors, officers and employees. The cost of employee services received in exchange for awards of equity instruments is based on the grant-date fair value of those awards. Compensation cost is recognized over the requisite service period as a component of compensation expense. Compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. The Company uses the Black-Scholes model to estimate the fair value of stock options.
Reserve Balances	Reserve Balances The Bank is required to maintain average balances with the Federal Reserve Bank. The Bank has implemented a deposit reclassification program which allows the Bank to reclassify a portion of transaction accounts to nontransaction accounts for reserve purposes. The deposit reclassification program was provided by a third-party vendor, and has been approved by the Federal Reserve Bank. At December 31, 2018, the Bank was subject to maintaining an average balance of $302.
Earnings per Share	Earnings per Share Basic earnings per share are calculated by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding. Diluted earnings per share are calculated by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of shares adjusted for the dilutive effect of stock options using the treasury stock method.
Segment Reporting	Segment Reporting All of the Company’s operations are considered by management to be one operating segment.
Reclassifications	Reclassifications Certain reclassifications have been made to the 2017 consolidated financial statements to conform to the 2018 classifications.
Impact of Recent Accounting Standards	Impact of Recently Adopted Accounting Standards In March 2016, the FASB issued ASU 2016‑05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (“ASU 2016‑05”). The new guidance clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument under Topic 815 does not, in and of itself, require de-designation of that hedging relationship provided that all other hedge accounting criteria continue to be met. This guidance is effective for fiscal years beginning after December 15, 2017 and interim reporting periods beginning after December 15, 2018. This ASU became effective for the Company on January 1, 2018 and did not have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016‑09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016‑09”). The new guidance simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Entities will be required to recognize the income tax effects of awards in the income statement when the awards vest or are settled. This guidance is effective for fiscal years beginning after December 15, 2017 and interim reporting periods beginning after December 31, 2018. This ASU became effective for the Company on January 1, 2018 and did not have a material impact on the Company’s consolidated financial statements. In May 2017, the Financial Accounting Standards Board (“FASB”) issued ASU 2017‑09, Compensation – Stock Compensation (Topic 718) (“ASU 2017-09”). ASU 2017-09 provides clarity about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The Company did not modify any share-based payment awards, thus, the impact of adopting the new standard, effective January 1, 2018, had no impact on the Company’s consolidated financial statements. In February 2018, the FASB issued ASU 2018‑02, Income Statement-Reporting Comprehensive Income (Topic 220) (“ASU 2018-02”): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The amendments of this ASU allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from Public Law 115-97, commonly known as the Tax Cuts and Jobs Act. The Company elected to early adopt ASU 2018-02 and, as a result, reclassified $194 from accumulated other comprehensive income to retained earnings as of January 1, 2018. The reclassification impacted the consolidated balance sheet and the consolidated statement of shareholders’ equity as of and for the year ended December 31, 2018. Impact of Recently Issued Accounting Standards The following ASUs have been issued by FASB and may impact the Company’s consolidated financial statements in future reporting periods. In May 2014, the FASB issued ASU 2014‑09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014‑09”). ASU 2014‑09 implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014‑09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2015‑14, Revenue from Contracts with Customers (Topic 606) (“ASU 2015‑14”) was issued in August 2015 which defers adoption to annual reporting periods beginning after December 15, 2018 and interim reporting periods beginning after December 15, 2019. The timing of the Company’s revenue recognition is not expected to materially change. The Company’s largest portion of revenue, interest and fees on loans, are specifically excluded from the scope of the guidance, and the Company currently recognizes the majority of the remaining revenue sources in a manner that management believes is consistent with the new guidance. Because of this, management believes that revenue recognized under the new guidance will generally approximate revenue recognized under current GAAP. These observations are subject to change as the evaluation is completed. In January 2016, the FASB issued ASU 2016‑01, Financial Instruments—Overall (Subtopic 825‑10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016‑01”). This guidance changes how entities account for equity investments that do not result in consolidation and are not accounted for under the equity method of accounting. Entities will be required to measure these investments at fair value at the end of each reporting period and recognize changes in fair value in net income. A practicability exception will be available for equity investments that do not have readily determinable fair values; however, the exception requires the Company to adjust the carrying amount for impairment and observable price changes in orderly transactions for the identical or a similar investment of the same issuer. This guidance also changes certain disclosure requirements and other aspects of current GAAP. This guidance is effective for fiscal years beginning after December 15, 2018 and for interim reporting periods beginning after December 15, 2019. Early adoption is permitted for only one of the six amendments. The Company is evaluating the impact this new standard will have on its consolidated financial statements. In February 2016, the FASB issued ASU 2016‑02, Leases (Topic 842) (“ASU 2016‑02”). The new guidance establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases. Entities will be required to recognize the lease assets and lease liabilities that arise from leases in the statement of financial position and to disclose qualitative and quantitative information about lease transactions, such as information about variable lease payments and options to renew and terminate leases. Also, in July 2018, the FASB issued ASU 2018-11, Leases (Topic 842): Targeted Improvements which provides an optional transition method to adopt the new requirements of ASU 2016-02 as of the adoption date with no adjustment to the presentation or disclosure of comparative prior periods included in the financial statement in the period of adoption. The guidance is effective for fiscal years beginning after December 15, 2019 and interim reporting periods beginning after December 15, 2020. The Company’s assets and liabilities will increase based on the present value of the remaining lease payments for leases in place at the adoption date; however, this is not expected to be significant to the Company’s results of operations. In June 2016, the FASB issued ASU 2016‑13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (modified by ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments – Credit Losses .) The amendments in this ASU affect all entities that measure credit losses on financial instruments including loans, debt securities, trade receivables, net investments in leases, off-balance sheet credit exposures, reinsurance receivables, and any other financial asset that has a contractual right to receive cash that is not specifically excluded. The main objective of this ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this ASU replace the incurred loss impairment methodology required in current GAAP with a methodology that reflects expected credit losses that requires consideration of a broader range of reasonable and supportable information to estimate credit losses. The amendments in this ASU will affect entities to varying degrees depending on the credit quality of the assets held by the entity, the duration of the assets held, and how the entity applies the current incurred loss methodology. The amendments in this ASU are effective for fiscal years and interim reporting periods beginning after December 15, 2021. All entities may adopt the amendments in the ASU as early as of the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Amendments should be applied using a modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The Company is evaluating the impact this new standard will have on its consolidated financial statements. In January 2017, the FASB issued ASU 2017‑04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The amendments in this ASU were issued to address concerns over the cost and complexity of the two-step goodwill impairment test and resulted in the removal of the second step of the test. The amendments require an entity to apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. This ASU is intended to reduce the cost and complexity of the two-step goodwill impairment test and is effective for annual and interim goodwill impairment tests in fiscal years beginning after December 15, 2021, with early adoption permitted for testing performed after January 1, 2017. Upon adoption, the amendments should be applied on a prospective basis and the entity is required to disclose the nature of and reason for the change in accounting principle upon transition. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017‑08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310‑20): Premium Amortization on Purchased Callable Debt Securities. The amendments in this ASU shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount as discounts continue to be accreted to maturity. This ASU is intended to more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. In most cases, market participants price securities to the call date that produces the worst yield when the coupon is above current market rates and prices securities to maturity when the coupon is below market rates. As a result, the amendments more closely align interest income recorded on bonds held at a premium or a discount with the economics of the underlying instrument. This ASU is intended to reduce diversity in practice and is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. Upon adoption, the amendments should be applied using a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. Additionally, in the period of adoption, an entity should provide disclosures about a change in accounting principles. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements. In August 2017, the FASB issued ASU 2017‑12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The amendments of this ASU better align an entity’s accounting and financial reporting for hedging activities with the economic objectives of those activities. The ASU is effective for fiscal years beginning after December 15, 2019 and interim reporting periods beginning after December 15, 2020, with early adoption permitted. The Company is evaluating the impact this new standard with have on its consolidated financial statements. In August 2018, the FASB issued ASU 2018‑13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. The amendments of this ASU modify the disclosure requirements for fair value measurements by removing, modifying, or adding certain disclosures. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40). The amendments in this ASU align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by these amendments. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share
Schedule of numerators and denominators for basic and diluted earnings per share computations	Year Ended December 31, 2018 2017 2016 Net Income Available to Common Shareholders $ 26,920 $ 16,889 $ 13,215 Weighted Average Common Stock Outstanding: Weighted Average Common Stock Outstanding (Basic) 29,001,393 24,604,464 22,294,837 Stock Options 434,821 413,226 336,904 Weighted Average Common Stock Outstanding (Dilutive) 29,436,214 25,017,690 22,631,741 Basic Earnings per Common Share $ 0.93 $ 0.69 $ 0.59 Diluted Earnings per Common Share 0.91 0.68 0.58

Bank-Owned Certificates of De_2

Bank-Owned Certificates of Deposit (Tables)	12 Months Ended
	Dec. 31, 2018
Bank-Owned Certificates of Deposit
Summary of certificates of deposit in other financial institutions by maturity	2018 2017 Certificates of Deposit at Cost Maturing in: One Year or Less $ 1,586 $ 992 After One Year Through Five Years 1,719 2,080 $ 3,305 $ 3,072

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2018
Securities
Summary of the amortized cost and estimated fair value of securities with gross unrealized gains and losses	December 31, 2018 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Securities Available for Sale: U.S. Treasury Securities $ 17,862 $ 54 $ (19) $ 17,897 Municipal Bonds 117,991 1,257 (1,115) 118,133 Mortgage-Backed Securities 48,816 52 (1,692) 47,176 Corporate Securities 21,170 72 (124) 21,118 SBA Securities 49,876 13 (835) 49,054 Total Securities Available for Sale $ 255,715 $ 1,448 $ (3,785) $ 253,378 December 31, 2017 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Securities Available for Sale: Municipal Bonds $ 115,784 $ 3,005 $ (469) $ 118,320 Mortgage-Backed Securities 61,945 11 (1,275) 60,681 Corporate Securities 5,052 80 (25) 5,107 SBA Securities 45,368 242 (227) 45,383 Total Securities Available for Sale $ 228,149 $ 3,338 $ (1,996) $ 229,491
Summary of fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position	Less Than 12 Months 12 Months or Greater Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2018 U.S. Treasury Securities $ 14,866 (19) — — $ 14,866 $ (19) Municipal Bonds 15,405 (199) 34,172 (916) 49,577 (1,115) Mortgage-Backed Securities 1,751 (21) 41,776 (1,671) 43,527 (1,692) Corporate Securities 9,063 (74) 1,996 (50) 11,059 (124) SBA Securities 28,186 (366) 15,878 (469) 44,064 (835) Total Securities Available for Sale $ 69,271 $ (679) $ 93,822 $ (3,106) $ 163,093 $ (3,785) Less Than 12 Months 12 Months or Greater Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2017 Municipal Bonds $ 15,043 $ (89) $ 21,111 $ (380) $ 36,154 $ (469) Mortgage-Backed Securities 16,046 (105) 41,800 (1,170) 57,846 (1,275) Corporate Securities — — 2,028 (25) 2,028 (25) SBA Securities 15,634 (189) 3,775 (38) 19,409 (227) Total Securities Available for Sale $ 46,723 $ (383) $ 68,714 $ (1,613) $ 115,437 $ (1,996)
Schedule of contractual maturities of debt	December 31, 2018 Amortized Cost Fair Value Due in One Year or Less $ 13,244 $ 13,248 Due After One Year Through Five Years 31,176 31,364 Due After Five Years Through 10 Years 73,041 73,336 Due After 10 Years 39,562 39,200 Subtotal 157,023 157,148 Mortgage-Backed Securities 48,816 47,176 SBA Securities 49,876 49,054 Totals $ 255,715 $ 253,378
Summary of the proceeds from sales of securities available for sale, as well as gross gains and losses	2018 2017 2016 Proceeds From Sales of Securities $ 24,684 $ 36,209 $ 34,250 Gross Gains on Sales 290 405 1,044 Gross Losses on Sales (415) (655) (214)

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2018
Loans
Summary of components of loans	December 31, December 31, 2018 2017 Commercial $ 260,833 $ 217,753 Construction and Land Development 210,041 130,586 Real Estate Mortgage: 1-4 Family Mortgage 226,773 195,707 Multifamily 407,934 317,872 CRE Owner Occupied 64,458 65,909 CRE Non-owner Occupied 490,632 415,034 Total Real Estate Mortgage Loans 1,189,797 994,522 Consumer and Other 4,260 4,252 Total Loans, Gross 1,664,931 1,347,113 Allowance for Loan Losses (20,031) (16,502) Net Deferred Loan Fees (4,515) (4,104) Total Loans, Net $ 1,640,385 $ 1,326,507
Summary of the activity in the allowance for loan losses by segment	The following table presents the activity in the allowance for loan losses, by segment, for the years ended December 31, 2018, 2017 and 2016: Construction CRE CRE and Land 1-4 Family Owner Non-owner Consumer Commercial Development Mortgage Multifamily Occupied Occupied and Other Unallocated Total Balance at January 1, 2016 $ 1,349 $ 1,708 $ 1,765 $ 871 $ 1,019 $ 2,452 $ 36 $ 852 $ 10,052 Provision for Loan Losses (28) (89) 614 697 264 1,484 60 248 3,250 Loans Charged-off (107) (248) (1) — (123) (613) (22) — (1,114) Recoveries of Loans 101 8 32 — — — 4 — 145 Balance at December 31, 2016 $ 1,315 $ 1,379 $ 2,410 $ 1,568 $ 1,160 $ 3,323 78 $ 1,100 $ 12,333 Provision for Loan Losses 1,116 488 (230) 1,602 (204) 1,875 43 (515) 4,175 Loans Charged-off (1) — — — — (111) (65) — (177) Recoveries of Loans 5 25 137 — — — 4 — 171 Balance at December 31, 2017 $ 2,435 $ 1,892 $ 2,317 $ 3,170 $ 956 $ 5,087 $ 60 $ 585 $ 16,502 Provision for Loan Losses 448 632 242 1,474 (148) 785 31 111 3,575 Loans Charged-off (10) (358) (21) — — — (32) — (421) Recoveries of Loans 25 285 59 — — — 6 — 375 Balance at December 31, 2018 $ 2,898 $ 2,451 $ 2,597 $ 4,644 $ 808 $ 5,872 $ 65 $ 696 $ 20,031 The following tables present the balance in the allowance for loan losses and the recorded investment in loans, by segment, based on impairment method as of December 31, 2018 and 2017: Construction CRE CRE and Land 1-‑4 Family Owner Non‑owner Consumer Allowance for Loan Losses at December 31, 2018 Commercial Development Mortgage Multifamily Occupied Occupied and Other Unallocated Total Individually Evaluated for Impairment $ 8 $ — $ 17 $ — $ 22 $ — $ — $ — $ 47 Collectively Evaluated for Impairment 2,890 2,451 2,580 4,644 786 5,872 65 696 19,984 Totals $ 2,898 $ 2,451 $ 2,597 $ 4,644 $ 808 $ 5,872 $ 65 $ 696 $ 20,031 Allowance for Loan Losses at December 31, 2017 Individually Evaluated for Impairment $ 14 $ — $ 57 $ 14 $ 24 $ — $ — $ — $ 109 Collectively Evaluated for Impairment 2,421 1,892 2,260 3,156 932 5,087 60 585 16,393 Totals $ 2,435 $ 1,892 $ 2,317 $ 3,170 $ 956 $ 5,087 $ 60 $ 585 $ 16,502 Construction CRE CRE and Land 1-‑4 Family Owner Non‑owner Consumer Loans at December 31, 2018 Commercial Development Mortgage Multifamily Occupied Occupied and Other Total Individually Evaluated for Impairment $ 8 $ 198 $ 1,676 $ — $ 365 $ — $ 58 $ 2,305 Collectively Evaluated for Impairment 260,825 209,843 225,097 407,934 64,093 490,632 4,202 1,662,626 Totals $ 260,833 $ 210,041 $ 226,773 $ 407,934 $ 64,458 $ 490,632 $ 4,260 $ 1,664,931 Loans at December 31, 2017 Individually Evaluated for Impairment $ 14 $ 583 $ 1,693 $ 66 $ 2,165 $ — $ 75 $ 4,596 Collectively Evaluated for Impairment 217,739 130,003 194,014 317,806 63,744 415,034 4,177 1,342,517 Totals $ 217,753 $ 130,586 $ 195,707 $ 317,872 $ 65,909 $ 415,034 $ 4,252 $ 1,347,113
Summary of impaired loans by loan segment	The following table presents information regarding total carrying amounts and total unpaid principal balances of impaired loans by loan segment as of December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance Loans With No Related Allowance for Loan Losses: Construction and Land Development $ 198 $ 807 $ — $ 583 $ 833 $ — Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 157 157 — 508 515 — 1st REM - 1-4 Family 253 253 — 125 125 — 1st REM - Rentals 957 957 — 726 726 — CRE Owner Occupied 209 209 — 2,006 2,023 — Consumer and Other 58 78 — 75 92 — Totals 1,832 2,461 — 4,023 4,314 — Loans With An Allowance for Loan Losses: Commercial 8 8 8 14 14 14 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 309 336 17 — — — LOCs and 2nd REM - Rentals — — — 64 64 47 1st REM - Rentals — — — 270 270 10 Multifamily — — — 66 66 14 CRE Owner Occupied 156 156 22 159 159 24 Totals 473 500 47 573 573 109 Grand Totals $ 2,305 $ 2,961 $ 47 $ 4,596 $ 4,887 $ 109 The following table presents information regarding the average balances and interest income recognized on impaired loans by loan segment for the years ended December 31, 2018, 2017 and 2016: Year Ended December 31, Year Ended December 31, Year Ended December 31, 2018 2017 2016 Average Interest Average Interest Average Interest Investment Recognized Investment Recognized Investment Recognized Loans With No Related Allowance for Loan Losses: Commercial $ — — — — $ 2,051 102 Construction and Land Development 212 — 594 — 759 5 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 158 9 537 20 271 16 1st REM - 1-4 Family 255 10 130 — 960 — 1st REM - Rentals 976 48 739 34 1,025 50 CRE Owner Occupied 225 13 2,042 97 1,325 66 CRE Non-owner Occupied — — — — 1,115 57 Consumer and Other 64 — 97 — 9 — Totals 1,890 80 4,139 151 7,515 296 Loans With An Allowance for Loan Losses: Commercial 8 — 14 — — — Construction and Land Development — — — — 19 1 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 324 — — — — — LOCs and 2nd REM - Rentals — — 65 3 69 3 1st REM - Rentals — — 276 14 274 14 Multifamily 65 3 66 3 68 3 CRE Owner Occupied 158 7 161 7 165 7 Consumer and Other — — — — 97 — Totals 555 10 582 27 692 28 Grand Totals $ 2,445 $ 90 $ 4,721 $ 178 $ 8,207 $ 324
Summary of risk category of loans by loan segment, based on the most recent analysis performed by management	December 31, 2018 Pass Watch Substandard Total Commercial $ 260,225 $ 600 $ 8 $ 260,833 Construction and Land Development 207,174 2,669 198 210,041 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 30,669 587 — 31,256 1st REM - 1-4 Family 37,526 126 253 37,905 LOCs and 2nd REM - Rentals 11,341 628 474 12,443 1st REM - Rentals 142,357 1,854 958 145,169 Multifamily 407,934 — — 407,934 CRE Owner Occupied 62,223 — 2,235 64,458 CRE Non-owner Occupied 487,438 3,194 — 490,632 Consumer and Other 4,202 — 58 4,260 Totals $ 1,651,089 $ 9,658 $ 4,184 $ 1,664,931 December 31, 2017 Pass Watch Substandard Total Commercial $ 217,739 $ — $ 14 $ 217,753 Construction and Land Development 130,003 — 583 130,586 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 28,238 — 347 28,585 1st REM - 1-4 Family 33,219 — 125 33,344 LOCs and 2nd REM - Rentals 13,409 — 225 13,634 1st REM - Rentals 118,891 — 1,253 120,144 Multifamily 317,806 — 66 317,872 CRE Owner Occupied 63,290 — 2,619 65,909 CRE Non-owner Occupied 409,533 5,501 — 415,034 Consumer and Other 4,177 — 75 4,252 Totals $ 1,336,305 $ 5,501 $ 5,307 $ 1,347,113
Summary of aging of the recorded investment in past due loans by loan segment	Accruing Interest 30-89 Days 90 Days or December 31, 2018 Current Past Due More Past Due Nonaccrual Total Commercial $ 260,813 $ 12 $ — $ 8 $ 260,833 Construction and Land Development 209,843 — — 198 210,041 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 30,939 — — 317 31,256 1st REM - 1-4 Family 37,705 200 — — 37,905 LOCs and 2nd REM - Rentals 12,443 — — — 12,443 1st REM - Rentals 145,169 — — — 145,169 Multifamily 407,934 — — — 407,934 CRE Owner Occupied 64,360 98 — — 64,458 CRE Non-owner Occupied 490,632 — — 490,632 Consumer and Other 4,201 1 — 58 4,260 Totals $ 1,664,039 $ 311 $ — $ 581 $ 1,664,931 Accruing Interest 30-89 Days 90 Days or December 31, 2017 Current Past Due More Past Due Nonaccrual Total Commercial $ 217,734 $ 10 $ — $ 9 $ 217,753 Construction and Land Development 130,003 — — 583 130,586 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage 28,238 — — 347 28,585 1st REM - 1-4 Family 33,219 — — 125 33,344 LOCs and 2nd REM - Rentals 13,474 160 — — 13,634 1st REM - Rentals 119,876 268 — — 120,144 Multifamily 317,872 — — — 317,872 CRE Owner Occupied 65,686 223 — — 65,909 CRE Non-owner Occupied 415,034 — — — 415,034 Consumer and Other 4,174 3 — 75 4,252 Totals $ 1,345,310 $ 664 $ — $ 1,139 $ 1,347,113

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Operating Leased Assets [Line Items]
Schedule of Premises and equipment	Estimated December 31, Useful Lives 2018 2017 Land N/A $ $ Building 39 Years Leasehold Improvements 3 ‑ 10 Years Furniture and Equipment 3 ‑ 5 Years Construction in Progress N/A Subtotal Accumulated Depreciation Totals $ $
Schedule of future minimum rent commitments	2018 2019 $ 876 2020 776 2021 336 2022 327 2023 319 Thereafter 1,454 Totals $ 4,088
Properties Greenwood, LLC
Operating Leased Assets [Line Items]
Schedule of future minimum rent commitments	2018 2019 $ 2020 2021 111 Totals $ 436

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible Assets
Summary of analysis of intangible assets	December 31, 2018 2017 Core Deposit Intangible $ 1,093 $ Favorable Lease 445 Subtotal 1,538 Accumulated Amortization Totals $ 1,052 $ 1,243
Summary of estimated future amortization of the core deposit premium intangible and favorable lease asset	Core Deposit Favorable Intangible Lease 2019 $ 157 $ 34 2020 157 34 2021 157 34 2022 157 34 2023 65 34 Thereafter - 189 Totals $ 693 $ 359

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits.
Schedule of composition of deposits	December 31, 2018 2017 Transaction Deposits $ 548,770 $ 469,831 Savings and Money Market Deposits 402,639 369,942 Time Deposits 318,356 292,096 Brokered Deposits 291,169 207,481 Totals $ 1,560,934 $ 1,339,350
Summary of scheduled maturities of brokered and customer time deposits	2018 Less than 1 Year $ 126,480 1 to 2 Years 206,677 2 to 3 Years 102,970 3 to 4 Years 86,413 Over 4 Years 59,995 Totals $ 582,535

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities
Derivative Instruments and Hedging Activities	2018 2017 Notional Amount $ 15,000 $ 17,000 Average Notional Amount 15,750 17,750 Weighted Average Pay Rate 1.21 % 1.21 % Weighted Average Receive Rate 1.97 % 1.07 % Weighted Average Maturity (Years) 2.16 3.16 Net Unrealized Gain $ 352 $ 344

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances and Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2018
Federal Home Loan Bank Advances and Other Borrowings
Schedule of FHLB advances, by maturity	2018 2017 Weighted Weighted Average Total Average Total Rate Outstanding Rate Outstanding 2018 N/A $ — 1.49 % 2019 1.47 % 1.47 2020 1.65 1.65 2021 1.99 1.99 2022 2.50 2.10 2023 3.03 N/A — 2024 3.17 N/A — 2025 3.29 N/A — Totals $ $

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Related-Party Transactions
Schedule of loans made between related parties	2018 2017 Beginning Balance $ 11,344 $ 15,149 New Loans and Advances 35,761 7,858 Repayments Changes to Related Parties 2 Totals $ 39,454 $ 11,344

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Taxes
Summary of allocation of federal and state income taxes	2018 2017 2016 Current Tax Provision $ $ $ Deferred Tax Benefit Change in Deferred Taxes Due to Enacted Changes in Tax Law — — Total Income Tax Provision $ $ $
Statutory federal income tax rate and the effective tax rates	2018 2017 2016 Amount Percent Amount Percent Amount Percent Amount of Statutory Rate $ % $ % $ % State Income Taxes (Net of Federal Income Tax Benefit) Interest on Investment Securities and Loans Exempt From Federal Income Tax Historic Tax Credit — — Deferred Tax Asset Revaluation — — — — Other Differences Totals $ % $ % $ %
Summary of components of the net deferred tax asset	2018 2017 Start-up Costs $ 15 $ 33 Depreciation Allowance for Loan Losses 5,757 4,743 Unrealized (Gain) Loss on Securities Available for Sale 491 Unrealized Gain on Cash Flow Hedge Foreclosed Assets — 13 Prepaid Expenses Deferred Compensation 651 495 Other 747 199 Totals $ 6,842 $ 4,720

Tax Credit Investments (Tables)

Tax Credit Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Tax Credit Investments
Summary of investments in qualified affordable housing projects and other tax credit investments	December 31, 2018 December 31, 2017 Investment Accounting Method Investment Unfunded Commitment (1) Investment Unfunded Commitment Low Income Housing Tax Credit (LIHTC) Proportional Amortization $ 2,436 $ — $ — $ — Federal Historic Tax Credit (FHTC) Equity 1,814 3,226 508 1,706 Total $ 4,250 $ 3,226 $ 508 $ 1,706 (1) All commitments are expected to be paid by the Company by December 31, 2019.
Schedule of amortization expense and tax benefit for qualified affordable housing projects and other tax credit investments	Amortization Tax Benefit Expense (1) Recognized (2) Year Ended December 31, 2018 LIHTC $ 310 $ (346) FHTC 3,293 (3,782) Total $ 3,603 $ (4,128) Year Ended December 31, 2017 LIHTC $ — $ — FHTC 1,916 (2,225) Total $ 1,916 $ (2,225) (1) The amortization expense for the LIHTC investments are included in income tax expense. The amortization for the FHTC tax credits are included in noninterest expense. (2) All of the tax benefits recognized are included in income tax expense. The tax benefit recognized for the FHTC investments primarily reflects the tax credits generated from the investments, and excludes the net tax expense/benefit of the investments’ income/loss.

Commitments, Contingencies an_2

Commitments, Contingencies and Credit Risk (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments, Contingencies and Credit Risk
Schedule of commitments outstanding	December 31, December 31, 2018 2017 Unfunded Commitments Under Lines of Credit $ 395,032 $ 309,513 Letters of Credit 81,053 64,546 Totals $ 476,085 $ 374,059

Stock Options (Tables)

Stock Options (Tables)	12 Months Ended
	Dec. 31, 2018
Stock Options
Summary of valuation assumptions used to determine the fair value of option award	December 31, 2018 Dividend Yield — % Expected Life 7 Years Expected Volatility 20.48 % Risk-Free Interest Rate 2.93 %
Summary of the status of the Company’s stock option plans	December 31, 2018 December 31, 2017 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at Beginning of Year 1,721,000 $ 5.68 765,000 $ 2.79 Granted 135,000 12.52 1,046,000 7.47 Exercised (37,900) 2.78 (90,000) 2.01 Forfeitures (11,000) 7.61 — — Outstanding at End of Year 1,807,100 $ 6.24 1,721,000 $ 5.68 Options Exercisable at End of Year 721,100 $ 4.19 419,000 $ 2.83
Summary of information pertaining to options outstanding based on range of exercise price	Options Outstanding Options Exercisable Number Remaining Number Exercise Price Outstanding Contractual Life Exercise Price Outstanding $ 1.65 7,500 2.8 Years $ 1.65 7,500 2.13 90,000 4.3 Years 2.13 90,000 3.00 490,000 5.0 Years 3.00 386,000 3.58 50,000 6.0 Years 3.58 30,000 7.47 1,039,600 8.8 Years 7.47 207,600 13.22 25,000 9.4 Years 13.22 — 12.86 45,000 9.7 Years 12.86 — 12.94 35,000 9.8 Years 12.94 — 11.59 25,000 9.8 Years 11.59 — Totals 1,807,100 7.5 Years $ 6.24 $ 721,100
Summary of analysis of non-vested options to purchase shares of the Company’s stock issued and outstanding	Weighted Number of Average Grant Shares Date Fair Value Nonvested Options at December 31, 2017 1,302,000 $ 2.55 Granted 135,000 3.77 Vested (340,000) 2.29 Forfeited (11,000) 2.85 Nonvested Options at December 31, 2018 1,086,000 $ 2.78

Regulatory Capital (Tables)

Regulatory Capital (Tables)	12 Months Ended
	Dec. 31, 2018
Regulatory Capital
Summary of company and the Bank’s capital amounts and ratios	To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Regulations December 31, 2018 Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) Company (Consolidated): Total Risk-Based Capital $ 263,909 14.55 % $ 145,111 8.00 % N/A N/A Tier 1 Risk-Based Capital 218,888 12.07 108,833 6.00 N/A N/A Common Equity Tier 1 Capital 218,888 12.07 81,625 4.50 N/A N/A Tier 1 Leverage Ratio 218,888 11.23 77,971 4.00 N/A N/A Bank: Total Risk-Based Capital $ 230,865 12.76 % $ 144,776 8.00 % $ 180,970 10.00 % Tier 1 Risk-Based Capital 210,474 11.63 108,582 6.00 144,776 8.00 Common Equity Tier 1 Capital 210,474 11.63 81,436 4.50 117,630 6.50 Tier 1 Leverage Ratio 210,474 10.82 77,795 4.00 97,244 5.00 To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Regulations December 31, 2017 Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) Company (Consolidated): Total Risk-Based Capital $ 173,848 12.46 % $ 111,638 8.00 % N/A N/A Tier 1 Risk-Based Capital 132,459 9.49 83,729 6.00 N/A N/A Common Equity Tier 1 Capital 132,459 9.49 62,797 4.50 N/A N/A Tier 1 Leverage Ratio 132,459 8.38 63,264 4.00 N/A N/A Bank: Total Risk-Based Capital $ 171,805 12.37 % $ 111,134 8.00 % $ 138,918 10.00 % Tier 1 Risk-Based Capital 154,943 11.15 83,351 6.00 111,134 8.00 Common Equity Tier 1 Capital 154,943 11.15 62,513 4.50 90,297 6.50 Tier 1 Leverage Ratio 154,943 9.83 63,060 4.00 78,825 5.00

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Measurement
Summary of balances of the assets and liabilities measured at fair value on a recurring basis	December 31, 2018 Level 1 Level 2 Level 3 Total Securities Available for Sale: U.S. Treasury Securities $ 17,897 $ — $ — $ 17,897 Municipal Bonds — 118,133 — 118,133 Mortgage-Backed Securities — 47,176 — 47,176 Corporate Securities — 21,118 — 21,118 SBA Securities — 49,054 — 49,054 Interest Rate Swap — 352 — 352 Totals $ 17,897 $ 235,833 $ — $ 253,730 December 31, 2017 Level 1 Level 2 Level 3 Total Securities Available for Sale: Municipal Bonds $ — $ 118,320 $ — $ 118,320 Mortgage-Backed Securities — 60,681 — 60,681 Corporate Securities — 5,107 — 5,107 SBA Securities — 45,383 — 45,383 Interest Rate Swap — 344 — 344 Totals $ — $ 229,835 $ — $ 229,835
Summary of net impairment losses related to nonrecurring fair value measurements of certain asset	December 31, 2018 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 426 $ — $ 396 Totals $ — $ 426 $ — $ 396 December 31, 2017 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 464 $ — $ 109 Totals $ — $ 464 $ — $ 109 December 31, 2016 Level 1 Level 2 Level 3 Loss Impaired Loans $ — $ 527 $ — $ 157 Foreclosed Assets — 2,210 — 644 Totals $ — $ 2,737 $ — $ 801
Summary of carrying amount and estimated fair values of financial instruments	December 31, 2018 Fair Value Hierarchy Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and Due From Banks $ 28,444 $ 28,444 $ — $ — $ 28,444 Bank-Owned Certificates of Deposit 3,305 — 3,292 — 3,292 Securities Available for Sale 253,378 17,897 235,481 — 253,378 FHLB Stock, at Cost 7,614 — 7,614 — 7,614 Loans, Net 1,640,385 — 1,634,196 — 1,634,196 Accrued Interest Receivable 6,589 — 6,589 — 6,589 Interest Rate Swap 352 — 352 — 352 Financial Liabilities: Deposits $ 1,560,934 $ — $ 1,560,488 $ — $ 1,560,488 Federal Funds Purchased 18,000 — 18,000 — 18,000 Notes Payable 15,000 — 15,551 — 15,551 FHLB Advances 124,000 — 124,952 — 124,952 Subordinated Debentures 24,630 — 25,365 — 25,365 Accrued Interest Payable 1,806 — 1,806 — 1,806 December 31, 2017 Fair Value Hierarchy Carrying Estimated Amount Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and Due From Banks $ 23,725 $ 23,725 $ — $ — $ 23,725 Bank-Owned Certificates of Deposit 3,072 — 3,075 — 3,075 Securities Available for Sale 229,491 — 229,491 — 229,491 FHLB Stock, at Cost 5,147 — 5,147 — 5,147 Loans, Net 1,326,507 — 1,323,495 — 1,323,495 Accrued Interest Receivable 5,342 — 5,342 — 5,342 Interest Rate Swap 344 — 344 — 344 Financial Liabilities: Deposits $ 1,339,350 $ — $ 1,340,109 $ — $ 1,340,109 Federal Funds Purchased 23,000 — 23,000 — 23,000 Notes Payable 17,000 — 17,024 — 17,024 FHLB Advances 68,000 — 67,282 — 67,282 Subordinated Debentures 24,527 — 25,090 — 25,090 Accrued Interest Payable 1,408 — 1,408 — 1,408

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss)
Summary of components of other comprehensive income (loss)	Before Tax Tax Effect Net of Tax Year Ended December 31, 2018 Net Unrealized Loss on Available for Sale Securities $ (3,804) $ 852 $ (2,952) Less: Reclassification Adjustment for Net Losses Included in Net Income 125 (26) 99 Total Unrealized Loss (3,679) 826 (2,853) Net Unrealized Gain on Cash Flow Hedge 9 (2) 7 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 9 (2) 7 Other Comprehensive Loss $ (3,670) $ 824 $ (2,846) Year Ended December 31, 2017 Net Unrealized Gain on Available for Sale Securities $ 6,354 $ (2,236) $ 4,118 Less: Reclassification Adjustment for Net Losses Included in Net Income 250 (88) 162 Total Unrealized Gain 6,604 (2,324) 4,280 Net Unrealized Gain on Cash Flow Hedge 121 (42) 79 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 121 (42) 79 Other Comprehensive Income $ 6,725 $ (2,366) $ 4,359 Year Ended December 31, 2016 Net Unrealized Loss on Available for Sale Securities $ (5,860) $ 2,052 $ (3,808) Less: Reclassification Adjustment for Net Gains Included in Net Income (830) 290 (540) Total Unrealized Loss (6,690) 2,342 (4,348) Net Unrealized Gain on Cash Flow Hedge (78) 145 Less: Reclassification Adjustment for Gains Included in Net Income — — — Total Unrealized Gain 223 (78) 145 Other Comprehensive Loss $ (6,467) $ 2,264 $ (4,203)
Summary of changes in each component of accumulated other comprehensive income (loss), net of tax	Accumulated Available For Other Comprehensive Sale Securities Cash Flow Hedge Income (Loss) Year Ended December 31, 2018 Balance at Beginning of Year $ 860 $ 224 $ 1,084 Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act 147 47 194 Other Comprehensive Income (Loss) Before Reclassifications (2,952) 7 (2,945) Amounts Reclassified from Accumulated Other Comprehensive Income 99 — 99 Net Other Comprehensive Income During Period (2,853) 7 (2,846) Balance at End of Year $ (1,846) $ 278 $ (1,568) Year Ended December 31, 2017 Balance at Beginning of Year $ (3,420) $ 145 $ (3,275) Other Comprehensive Income (Loss) Before Reclassifications 4,118 79 4,197 Amounts Reclassified from Accumulated Other Comprehensive Income 162 — 162 Net Other Comprehensive Income During Period 4,280 79 4,359 Balance at End of Year $ 860 $ 224 $ 1,084 Year Ended December 31, 2016 Balance at Beginning of Year $ 928 $ — $ 928 Other Comprehensive Income (Loss) Before Reclassifications (3,808) 145 (3,663) Amounts Reclassified from Accumulated Other Comprehensive Income (540) — (540) Net Other Comprehensive Income During Period (4,348) 145 (4,203) Balance at End of Year $ (3,420) $ 145 $ (3,275)

Parent Company Financial Info_2

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Information
Schedule of condensed balance sheets	December 31, December 31, 2018 2017 ASSETS Cash and Cash Equivalents $ 45,498 $ Investment in Subsidiaries 213,676 Premises and Equipment, Net 816 Other Assets 1,571 Total Assets $ 261,561 $ LIABILITIES AND EQUITY LIABILITIES Notes Payable $ 15,000 $ Subordinated Debentures, Net of Issuance Costs 24,630 Accrued Interest Payable 745 Other Liabilities 188 Total Liabilities 40,563 SHAREHOLDERS’ EQUITY Common Stock—$0.01 par value Voting Common Stock—Authorized 75,000,000 301 Non-voting Common Stock‑ Authorized 10,000,000 - Additional Paid‑In Capital 126,031 Retained Earnings 96,234 Accumulated Other Comprehensive Income (Loss) Total Shareholders’ Equity 220,998 Total Liabilities and Shareholders' Equity $ 261,561 $
Schedule of condensed Statements of Income	December 31, December 31, December 31, 2018 2017 2016 INCOME Dividend Income $ $ — $ Interest Income Other Income Total Income EXPENSE Interest Expense Other Expenses Total Interest Expense LOSS BEFORE INCOME TAX BENEFIT AND EQUITY IN UNDISTRIBUTED EARNINGS Income Tax Benefit INCOME (LOSS) BEFORE EQUITY IN UNDISTRIBUTED EARNINGS Equity in Undistributed Earnings NET INCOME $ $ $
Schedule of Condensed Statements of Cash Flows	December 31, December 31, December 31, 2018 2017 2016 CASH FLOWS FROM OPERATING ACTIVITIES Net Income $ $ $ Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities: Equity in Undistributed Earnings of Subsidiaries Changes in Other Assets and Liabilities Net Cash Provided (Used) by Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Net Decrease in Loans — — Investment in Subsidiaries (25,000) Net Cash Used in Investing Activities (25,000) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from Notes Payable — — Principal Payments on Notes Payable (2,000) Proceeds from Issuance of Subordinated Debt — — Principal Payments on Subordinated Debentures — — Stock Options Exercised Issuance of Common Stock — Redemption and Cancellation of Common Stock — — Net Cash Provided by Financing Activities NET CHANGE IN CASH AND CASH EQUIVALENTS Cash and Cash Equivalents Beginning Cash and Cash Equivalents Ending $ $ $

Quarterly Condensed Financial_2

Quarterly Condensed Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Condensed Financial Information (Unaudited)
Schedule of unaudited quarterly condensed financial information	2018 Quarter Ended March 31 June 30 September 30 December 31 (dollars in thousands) Interest Income $ 18,710 $ 20,392 $ 22,136 $ 23,988 Interest Expense 3,947 4,493 5,502 6,546 Net Interest Income 14,763 15,899 16,634 17,442 Provision for Loan Losses 600 900 1,275 800 Net Interest Income after Provision for Loan Losses 14,163 14,999 15,359 16,642 Noninterest Income 387 485 814 857 Noninterest Expense 6,532 6,464 7,526 11,040 Income Before Income Taxes 8,018 9,020 8,647 6,459 Provision (Benefit) for Income Taxes 2,068 2,274 2,184 (1,302) Net Income $ 5,950 $ 6,746 $ 6,463 $ 7,761 Earnings per share Basic $ $ $ $ Diluted $ $ $ $ 2017 Quarter Ended March 31 June 30 September 30 December 31 (dollars in thousands) Interest Income $ 14,612 $ 15,774 $ 17,384 $ 18,576 Interest Expense 2,421 2,702 3,323 3,727 Net Interest Income 12,191 13,072 14,061 14,849 Provision for Loan Losses 950 825 1,200 1,200 Net Interest Income after Provision for Loan Losses 11,241 12,247 12,861 13,649 Noninterest Income 480 486 987 583 Noninterest Expense 5,254 5,271 6,109 8,862 Income Before Income Taxes 6,467 7,462 7,739 5,370 Provision (Benefit) for Income Taxes 2,384 2,665 3,064 2,036 Net Income $ 4,083 $ 4,797 $ 4,675 $ 3,334 Earnings per share Basic $ $ $ $ Diluted $ $ $ $

Description of the Business a_3

Description of the Business and Summary of Significant Accounting Policies (Details) $ in Thousands	Mar. 16, 2018USD ($)	Oct. 31, 2018shares	Mar. 31, 2018shares	Dec. 31, 2018USD ($)segmentshares
Description of the Business and Summary of Significant Accounting Policies
Bank-owned certificates of deposit mature				5 years
Average balance required to be maintained by bank				$ 302
Number of Operating Segments | segment				1
IPO
Description of the Business and Summary of Significant Accounting Policies
Net proceeds from issuance of common stock	$ 58,900
Exchange Agreements
Description of the Business and Summary of Significant Accounting Policies
Percent of stock outstanding exchanged				100.00%
Retained Earnings
Impact of Recently Adopted Accounting Standards
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act to Retained Earnings				$ (194)
Accumulated Other Comprehensive Income (Loss)
Impact of Recently Adopted Accounting Standards
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act to Retained Earnings				$ 194
Nonvoting Common Stock | Exchange Agreements
Description of the Business and Summary of Significant Accounting Policies
Shares acquired in exchange | shares		2,823,542	1,022,318	3,845,860
Voting Common Stock | Exchange Agreements
Description of the Business and Summary of Significant Accounting Policies
Number of shares issued | shares		2,823,542		3,845,860

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share
Net Income Available to Common Shareholders	$ 7,761	$ 6,463	$ 6,746	$ 5,950	$ 3,334	$ 4,675	$ 4,797	$ 4,083	$ 26,920	$ 16,889	$ 13,215
Weighted Average Common Stock Outstanding:
Weighted Average Common Stock Outstanding (Basic)									29,001,393	24,604,464	22,294,837
Stock Options									434,821	413,226	336,904
Weighted Average Common Stock Outstanding (Dilutive)									29,436,214	25,017,690	22,631,741
Basic Earnings per Common Share (in dollars per share)	$ 0.26	$ 0.22	$ 0.22	$ 0.23	$ 0.14	$ 0.19	$ 0.20	$ 0.17	$ 0.93	$ 0.69	$ 0.59
Diluted Earnings per Common Share (in dollars per share)	$ 0.25	$ 0.21	$ 0.22	$ 0.23	$ 0.13	$ 0.19	$ 0.19	$ 0.16	$ 0.91	$ 0.68	$ 0.58

Bank-Owned Certificates of De_3

Bank-Owned Certificates of Deposit (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Certificates of deposit in other financial institutions by maturity
One Year or Less	$ 1,586	$ 992
After One Year Through Five Years	1,719	2,080
Certificates of deposit in other financial institutions	$ 3,305	$ 3,072

Securities - Securities Availab

Securities - Securities Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	$ 255,715	$ 228,149
Gross Unrealized Gains	1,448	3,338
Gross Unrealized Losses	(3,785)	(1,996)
Total	253,378	229,491
U.S. Treasury Securities
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	17,862
Gross Unrealized Gains	54
Gross Unrealized Losses	(19)
Total	17,897
Municipal Bonds
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	117,991	115,784
Gross Unrealized Gains	1,257	3,005
Gross Unrealized Losses	(1,115)	(469)
Total	118,133	118,320
Mortgage-Backed Securities
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	48,816	61,945
Gross Unrealized Gains	52	11
Gross Unrealized Losses	(1,692)	(1,275)
Total	47,176	60,681
Corporate Securities
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	21,170	5,052
Gross Unrealized Gains	72	80
Gross Unrealized Losses	(124)	(25)
Total	21,118	5,107
SBA Securities
The amortized cost and estimated fair value of securities with gross unrealized gains and losses
Total	49,876	45,368
Gross Unrealized Gains	13	242
Gross Unrealized Losses	(835)	(227)
Total	$ 49,054	$ 45,383

Securities - Continuous Unreali

Securities - Continuous Unrealized Loss Position (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)security	Dec. 31, 2017USD ($)security
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 69,271	$ 46,723
Less Than 12 Months, Unrealized Losses	(679)	(383)
12 Months or Greater, Fair Value	93,822	68,714
12 Months or Greater, Unrealized Losses	(3,106)	(1,613)
Fair Value	163,093	115,437
Unrealized Losses	$ (3,785)	$ (1,996)
Number of debt securities with unrealized losses | security	195	133
Percentage of aggregate depreciation from amortized cost basis	2.30%	1.70%
U.S. Treasury Securities
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 14,866
Less Than 12 Months, Unrealized Losses	(19)
Fair Value	14,866
Unrealized Losses	(19)
Municipal Bonds
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	15,405	$ 15,043
Less Than 12 Months, Unrealized Losses	(199)	(89)
12 Months or Greater, Fair Value	34,172	21,111
12 Months or Greater, Unrealized Losses	(916)	(380)
Fair Value	49,577	36,154
Unrealized Losses	(1,115)	(469)
Mortgage-Backed Securities
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	1,751	16,046
Less Than 12 Months, Unrealized Losses	(21)	(105)
12 Months or Greater, Fair Value	41,776	41,800
12 Months or Greater, Unrealized Losses	(1,671)	(1,170)
Fair Value	43,527	57,846
Unrealized Losses	(1,692)	(1,275)
Corporate Securities
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	9,063
Less Than 12 Months, Unrealized Losses	(74)
12 Months or Greater, Fair Value	1,996	2,028
12 Months or Greater, Unrealized Losses	(50)	(25)
Fair Value	11,059	2,028
Unrealized Losses	(124)	(25)
SBA Securities
Fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	28,186	15,634
Less Than 12 Months, Unrealized Losses	(366)	(189)
12 Months or Greater, Fair Value	15,878	3,775
12 Months or Greater, Unrealized Losses	(469)	(38)
Fair Value	44,064	19,409
Unrealized Losses	$ (835)	$ (227)

Securities - Contractual Maturi

Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Contractual maturities, amortized cost
Due in One Year or Less	$ 13,244
Due After One Year Through Five Years	31,176
Due After Five Years Through 10 Years	73,041
Due After 10 Years	39,562
Subtotal	157,023
Totals	255,715	$ 228,149
Contractual maturities, fair value
Due in One Year or Less	13,248
Due After One Year Through Five Years	31,364
Due After Five Years Through 10 Years	73,336
Due After 10 Years	39,200
Subtotal	157,148
Totals	253,378	229,491
Mortgage-Backed Securities
Contractual maturities, amortized cost
Contractual securities	48,816
Totals	48,816	61,945
Contractual maturities, fair value
Contractual securities	47,176
Totals	47,176	60,681
SBA Securities
Contractual maturities, amortized cost
Contractual securities	49,876
Totals	49,876	45,368
Contractual maturities, fair value
Contractual securities	49,054
Totals	$ 49,054	$ 45,383

Securities - Available for Sale

Securities - Available for Sale Securities Gross Realized Gain Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Securities
Amortized cost of securities pledged to secure public deposits and for other purposes required or permitted by law		$ 79,400
Fair value of securities pledged to secure public deposits and for other purposes required or permitted by law		$ 81,639
Type of restriction		us-gaap:AssetPledgedAsCollateralMember
Summary of the proceeds from sales of securities available for sale, as well as gross gains and losses
Proceeds From Sales of Securities	$ 24,684	$ 36,209	$ 34,250
Gross Gains on Sales	290	405	1,044
Gross Losses on Sales	$ (415)	$ (655)	$ (214)

Loans - Components of loans (De

Loans - Components of loans (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Components of loans
Total Loans, Gross	$ 1,664,931	$ 1,347,113
Allowance for Loan Losses	(20,031)	(16,502)	$ (12,333)	$ (10,052)
Net Deferred Loan Fees	(4,515)	(4,104)
Total Loans, Net	1,640,385	1,326,507
Commercial
Components of loans
Total Loans, Gross	260,833	217,753
Allowance for Loan Losses	(2,898)	(2,435)	(1,315)	(1,349)
Construction and Land Development
Components of loans
Total Loans, Gross	210,041	130,586
Allowance for Loan Losses	(2,451)	(1,892)	(1,379)	(1,708)
Real Estate Mortgage
Components of loans
Total Loans, Gross	1,189,797	994,522
1-4 Family Mortgage
Components of loans
Total Loans, Gross	226,773	195,707
Allowance for Loan Losses	(2,597)	(2,317)	(2,410)	(1,765)
Multifamily
Components of loans
Total Loans, Gross	407,934	317,872
Allowance for Loan Losses	(4,644)	(3,170)	(1,568)	(871)
CRE Owner Occupied
Components of loans
Total Loans, Gross	64,458	65,909
Allowance for Loan Losses	(808)	(956)	(1,160)	(1,019)
CRE Non-owner Occupied
Components of loans
Total Loans, Gross	490,632	415,034
Allowance for Loan Losses	(5,872)	(5,087)	(3,323)	(2,452)
Consumer and other
Components of loans
Total Loans, Gross	4,260	4,252
Allowance for Loan Losses	$ (65)	$ (60)	$ (78)	$ (36)

Loans - Allowance for loan loss

Loans - Allowance for loan losses by segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Allowance for Loan Losses:
Beginning Balance				$ 16,502				$ 12,333	$ 16,502	$ 12,333	$ 10,052
Provision for Loan Losses	$ 800	$ 1,275	$ 900	600	$ 1,200	$ 1,200	$ 825	950	3,575	4,175	3,250
Loans Charged-off									(421)	(177)	(1,114)
Recoveries of Loans									375	171	145
Total Ending Allowance Balance	20,031				16,502				20,031	16,502	12,333
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Individually Evaluated for Impairment												$ 47	$ 109
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												19,984	16,393
Loans and Leases Receivable, Allowance, Total	20,031			16,502	16,502			12,333	16,502	12,333	10,052	20,031	16,502
Loans, Individually Evaluated for Impairment												2,305	4,596
Loans, Collectively Evaluated for Impairment												1,662,626	1,342,517
Totals												1,664,931	1,347,113
Commercial
Allowance for Loan Losses:
Beginning Balance				2,435				1,315	2,435	1,315	1,349
Provision for Loan Losses									448	1,116	(28)
Loans Charged-off									(10)	(1)	(107)
Recoveries of Loans									25	5	101
Total Ending Allowance Balance	2,898				2,435				2,898	2,435	1,315
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Individually Evaluated for Impairment												8	14
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												2,890	2,421
Loans and Leases Receivable, Allowance, Total	2,898			2,435	2,435			1,315	2,435	1,315	1,349	2,898	2,435
Loans, Individually Evaluated for Impairment												8	14
Loans, Collectively Evaluated for Impairment												260,825	217,739
Totals												260,833	217,753
Construction and Land Development
Allowance for Loan Losses:
Beginning Balance				1,892				1,379	1,892	1,379	1,708
Provision for Loan Losses									632	488	(89)
Loans Charged-off									(358)		(248)
Recoveries of Loans									285	25	8
Total Ending Allowance Balance	2,451				1,892				2,451	1,892	1,379
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												2,451	1,892
Loans and Leases Receivable, Allowance, Total	2,451			1,892	1,892			1,379	1,892	1,379	1,708	2,451	1,892
Loans, Individually Evaluated for Impairment												198	583
Loans, Collectively Evaluated for Impairment												209,843	130,003
Totals												210,041	130,586
1-4 Family Mortgage
Allowance for Loan Losses:
Beginning Balance				2,317				2,410	2,317	2,410	1,765
Provision for Loan Losses									242	(230)	614
Loans Charged-off									(21)		(1)
Recoveries of Loans									59	137	32
Total Ending Allowance Balance	2,597				2,317				2,597	2,317	2,410
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Individually Evaluated for Impairment												17	57
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												2,580	2,260
Loans and Leases Receivable, Allowance, Total	2,597			2,317	2,317			2,410	2,317	2,410	1,765	2,597	2,317
Loans, Individually Evaluated for Impairment												1,676	1,693
Loans, Collectively Evaluated for Impairment												225,097	194,014
Totals												226,773	195,707
Multifamily
Allowance for Loan Losses:
Beginning Balance				3,170				1,568	3,170	1,568	871
Provision for Loan Losses									1,474	1,602	697
Total Ending Allowance Balance	4,644				3,170				4,644	3,170	1,568
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Individually Evaluated for Impairment													14
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												4,644	3,156
Loans and Leases Receivable, Allowance, Total	4,644			3,170	3,170			1,568	3,170	1,568	871	4,644	3,170
Loans, Individually Evaluated for Impairment													66
Loans, Collectively Evaluated for Impairment												407,934	317,806
Totals												407,934	317,872
CRE Owner Occupied
Allowance for Loan Losses:
Beginning Balance				956				1,160	956	1,160	1,019
Provision for Loan Losses									(148)	(204)	264
Loans Charged-off											(123)
Total Ending Allowance Balance	808				956				808	956	1,160
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Individually Evaluated for Impairment												22	24
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												786	932
Loans and Leases Receivable, Allowance, Total	808			956	956			1,160	956	1,160	1,019	808	956
Loans, Individually Evaluated for Impairment												365	2,165
Loans, Collectively Evaluated for Impairment												64,093	63,744
Totals												64,458	65,909
CRE Non-owner Occupied
Allowance for Loan Losses:
Beginning Balance				5,087				3,323	5,087	3,323	2,452
Provision for Loan Losses									785	1,875	1,484
Loans Charged-off										(111)	(613)
Total Ending Allowance Balance	5,872				5,087				5,872	5,087	3,323
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												5,872	5,087
Loans and Leases Receivable, Allowance, Total	5,872			5,087	5,087			3,323	5,087	3,323	2,452	5,872	5,087
Loans, Collectively Evaluated for Impairment												490,632	415,034
Totals												490,632	415,034
Consumer and other
Allowance for Loan Losses:
Beginning Balance				60				78	60	78	36
Provision for Loan Losses									31	43	60
Loans Charged-off									(32)	(65)	(22)
Recoveries of Loans									6	4	4
Total Ending Allowance Balance	65				60				65	60	78
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												65	60
Loans and Leases Receivable, Allowance, Total	65			60	60			78	60	78	36	65	60
Loans, Individually Evaluated for Impairment												58	75
Loans, Collectively Evaluated for Impairment												4,202	4,177
Totals												4,260	4,252
Unallocated
Allowance for Loan Losses:
Beginning Balance				585				1,100	585	1,100	852
Provision for Loan Losses									111	(515)	248
Total Ending Allowance Balance	696				585				696	585	1,100
Allowance for loan losses and the recorded investment
Allowance for Loan Losses and Loans, Collectively Evaluated for Impairment												696	585
Loans and Leases Receivable, Allowance, Total	$ 696			$ 585	$ 585			$ 1,100	$ 585	$ 1,100	$ 852	$ 696	$ 585

Loans - Impaired loans by loan

Loans - Impaired loans by loan segment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	$ 1,832	$ 4,023
Loans With No Related Allowance for Loan Losses, Principal Balance	2,461	4,314
Total Recorded Investment	2,305	4,596
Total Principal Balance	2,961	4,887
Related Allowance	47	109
Construction and Land Development
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	198	583
Loans With No Related Allowance for Loan Losses, Principal Balance	807	833
Commercial
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Recorded Investment	8	14
Loans With An Allowance for Loan Losses, Principal Balance	8	14
Related Allowance	8	14
Real Estate Mortgage
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Recorded Investment	473	573
Loans With An Allowance for Loan Losses, Principal Balance	500	573
Related Allowance	47	109
HELOC and 1-4 Family Junior Mortgage
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	157	508
Loans With No Related Allowance for Loan Losses, Principal Balance	157	515
Loans With An Allowance for Loan Losses, Recorded Investment	309
Loans With An Allowance for Loan Losses, Principal Balance	336
Related Allowance	17
1st REM - 1-4 Family
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	253	125
Loans With No Related Allowance for Loan Losses, Principal Balance	253	125
LOCs and 2nd REM - Rentals
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Recorded Investment		64
Loans With An Allowance for Loan Losses, Principal Balance		64
Related Allowance		47
1st REM - Rentals
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	957	726
Loans With No Related Allowance for Loan Losses, Principal Balance	957	726
Loans With An Allowance for Loan Losses, Recorded Investment		270
Loans With An Allowance for Loan Losses, Principal Balance		270
Related Allowance		10
Consumer and other
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	58	75
Loans With No Related Allowance for Loan Losses, Principal Balance	78	92
Multifamily
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Recorded Investment		66
Loans With An Allowance for Loan Losses, Principal Balance		66
Related Allowance		14
CRE Owner Occupied
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Recorded Investment	209	2,006
Loans With No Related Allowance for Loan Losses, Principal Balance	209	2,023
Loans With An Allowance for Loan Losses, Recorded Investment	156	159
Loans With An Allowance for Loan Losses, Principal Balance	156	159
Related Allowance	$ 22	$ 24

Loans - Average balances and in

Loans - Average balances and interest income recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	$ 1,890	$ 4,139	$ 7,515
Loans With No Related Allowance for Loan Losses, Interest Recognized	80	151	296
Total Average Investment	2,445	4,721	8,207
Total Interest Recognized	90	178	324
Construction and Land Development
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	212	594	759
Loans With No Related Allowance for Loan Losses, Interest Recognized			5
Loans With An Allowance for Loan Losses, Average Investment			19
Loans With An Allowance for Loan Losses, Interest Recognized			1
Commercial
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment			2,051
Loans With No Related Allowance for Loan Losses, Interest Recognized			102
Loans With An Allowance for Loan Losses, Average Investment	8	14
Real Estate Mortgage
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Average Investment	555	582	692
Loans With An Allowance for Loan Losses, Interest Recognized	10	27	28
HELOC and 1-4 Family Junior Mortgage
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	158	537	271
Loans With No Related Allowance for Loan Losses, Interest Recognized	9	20	16
Loans With An Allowance for Loan Losses, Average Investment	324
1st REM - 1-4 Family
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	255	130	960
Loans With No Related Allowance for Loan Losses, Interest Recognized	10
LOCs and 2nd REM - Rentals
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Average Investment		65	69
Loans With An Allowance for Loan Losses, Interest Recognized		3	3
1st REM - Rentals
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	976	739	1,025
Loans With No Related Allowance for Loan Losses, Interest Recognized	48	34	50
Loans With An Allowance for Loan Losses, Average Investment		276	274
Loans With An Allowance for Loan Losses, Interest Recognized		14	14
Consumer and other
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	64	97	9
Loans With An Allowance for Loan Losses, Average Investment			97
Multifamily
Impaired loans by loan segment
Loans With An Allowance for Loan Losses, Average Investment	65	66	68
Loans With An Allowance for Loan Losses, Interest Recognized	3	3	3
CRE Owner Occupied
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment	225	2,042	1,325
Loans With No Related Allowance for Loan Losses, Interest Recognized	13	97	66
Loans With An Allowance for Loan Losses, Average Investment	158	161	165
Loans With An Allowance for Loan Losses, Interest Recognized	$ 7	$ 7	7
CRE Non-owner Occupied
Impaired loans by loan segment
Loans With No Related Allowance for Loan Losses, Average Investment			1,115
Loans With No Related Allowance for Loan Losses, Interest Recognized			$ 57

Loans - Risk category of loans

Loans - Risk category of loans by loan segment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	$ 1,664,931	$ 1,347,113
Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	1,651,089	1,336,305
Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	9,658	5,501
Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	4,184	5,307
Commercial
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	260,833	217,753
Commercial | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	260,225	217,739
Commercial | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	600
Commercial | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	8	14
Construction and Land Development
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	210,041	130,586
Construction and Land Development | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	207,174	130,003
Construction and Land Development | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	2,669
Construction and Land Development | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	198	583
HELOC and 1-4 Family Junior Mortgage
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	31,256	28,585
HELOC and 1-4 Family Junior Mortgage | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	30,669	28,238
HELOC and 1-4 Family Junior Mortgage | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	587
HELOC and 1-4 Family Junior Mortgage | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals		347
1st REM - 1-4 Family
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	37,905	33,344
1st REM - 1-4 Family | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	37,526	33,219
1st REM - 1-4 Family | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	126
1st REM - 1-4 Family | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	253	125
LOCs and 2nd REM - Rentals
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	12,443	13,634
LOCs and 2nd REM - Rentals | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	11,341	13,409
LOCs and 2nd REM - Rentals | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	628
LOCs and 2nd REM - Rentals | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	474	225
1st REM - Rentals
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	145,169	120,144
1st REM - Rentals | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	142,357	118,891
1st REM - Rentals | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	1,854
1st REM - Rentals | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	958	1,253
Multifamily
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	407,934	317,872
Multifamily | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	407,934	317,806
Multifamily | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals		66
CRE Owner Occupied
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	64,458	65,909
CRE Owner Occupied | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	62,223	63,290
CRE Owner Occupied | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	2,235	2,619
CRE Non-owner Occupied
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	490,632	415,034
CRE Non-owner Occupied | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	487,438	409,533
CRE Non-owner Occupied | Watch
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	3,194	5,501
Consumer and other
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	4,260	4,252
Consumer and other | Pass
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	4,202	4,177
Consumer and other | Substandard
Risk category of loans by loan segment, based on the most recent analysis performed by management
Totals	$ 58	$ 75

Loans - Recorded investment in

Loans - Recorded investment in past due loans by loan segment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	$ 1,664,039	$ 1,345,310
Nonaccrual	581	1,139
Totals	1,664,931	1,347,113
30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due	311	664
Commercial
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	260,813	217,734
Nonaccrual	8	9
Totals	260,833	217,753
Commercial | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due	12	10
Construction and Land Development
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	209,843	130,003
Nonaccrual	198	583
Totals	210,041	130,586
HELOC and 1-4 Family Junior Mortgage
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	30,939	28,238
Nonaccrual	317	347
Totals	31,256	28,585
1st REM - 1-4 Family
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	37,705	33,219
Nonaccrual		125
Totals	37,905	33,344
1st REM - 1-4 Family | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due	200
LOCs and 2nd REM - Rentals
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	12,443	13,474
Totals	12,443	13,634
LOCs and 2nd REM - Rentals | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due		160
1st REM - Rentals
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	145,169	119,876
Totals	145,169	120,144
1st REM - Rentals | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due		268
Multifamily
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	407,934	317,872
Totals	407,934	317,872
CRE Owner Occupied
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	64,360	65,686
Totals	64,458	65,909
CRE Owner Occupied | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due	98	223
CRE Non-owner Occupied
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	490,632	415,034
Totals	490,632	415,034
Consumer and other
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, Current	4,201	4,174
Nonaccrual	58	75
Totals	4,260	4,252
Consumer and other | 30-89 Days Past Due
Aging of the recorded investment in past due loans by loan segment
Accruing Interest, past due	$ 1	$ 3

Loans - Summary of loans modifi

Loans - Summary of loans modified in TDRs and those restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)loan	Dec. 31, 2017USD ($)loan
Loans
Troubled Debt Restructurings, Number of Loans	3	9
New Troubled Debt Restructurings, Post-Modification Outstanding Balance | $	$ 437	$ 2,928
New Troubled Debt Restructurings, Number of Loans	0
Troubled Debt Restructurings That Subsequently Defaulted Within 12 Months of The Restructure Date, Number of Loans	0

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Premises and Equipment
Property Plant And Equipment Gross	$ 17,039	$ 13,390
Accumulated Depreciation	(3,965)	(3,275)
Totals	13,074	10,115
Depreciation and Amortization	761	694	$ 586
Land
Premises and Equipment
Property Plant And Equipment Gross	$ 5,174	3,335
Building
Premises and Equipment
Estimated Useful Life	39 years
Property Plant And Equipment Gross	$ 3,462	4,898
Leasehold Improvements
Premises and Equipment
Property Plant And Equipment Gross	$ 2,718	2,251
Leasehold Improvements | Minimum
Premises and Equipment
Estimated Useful Life	3 years
Leasehold Improvements | Maximum
Premises and Equipment
Estimated Useful Life	10 years
Furniture and Equipment
Premises and Equipment
Property Plant And Equipment Gross	$ 3,191	2,730
Furniture and Equipment | Minimum
Premises and Equipment
Estimated Useful Life	3 years
Furniture and Equipment | Maximum
Premises and Equipment
Estimated Useful Life	5 years
Construction in Progress
Premises and Equipment
Property Plant And Equipment Gross	$ 2,494	$ 176

Premises and Equipment - Lease

Premises and Equipment - Lease (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Future minimum rent commitments
2019	$ 876
2020	776
2021	336
2022	327
2023	319
Thereafter	1,454
Totals	4,088
Rent Expense	$ 870	$ 774	$ 684
Number of options to extend the lease Term | item	2
Lease Term	5 years
Properties Greenwood, LLC
Future minimum rent commitments
2019	$ 161
2020	164
2021	111
Totals	$ 436

Intangible Assets - (Details)

Intangible Assets - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible Assets
Subtotal	$ 1,538	$ 1,538
Accumulated Amortization	(486)	(295)
Total	1,052	1,243
Amortization of Intangible Assets	191	191	$ 104
Core Deposits
Intangible Assets
Subtotal	1,093	1,093
Total	693
Favorable Lease
Intangible Assets
Subtotal	445	$ 445
Total	$ 359

Intangible Assets - Estimated f

Intangible Assets - Estimated future amortization (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets
Total	$ 1,052	$ 1,243
Core Deposits
Intangible Assets
2019	157
2020	157
2021	157
2022	157
2023	65
Total	693
Favorable Lease
Intangible Assets
2019	34
2020	34
2021	34
2022	34
2023	34
Thereafter	189
Total	$ 359

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deposits, by Type [Abstract]
Transaction Deposits	$ 548,770	$ 469,831
Savings and Money Market Deposits	402,639	369,942
Time Deposits	318,356	292,096
Brokered Deposits	291,169	207,481
Total Deposits	1,560,934	1,339,350
Brokered money market accounts	$ 26,990	23,810
Reciprocal Deposits		$ 13,482

Deposits - Maturities (Details)

Deposits - Maturities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Scheduled Maturities of Time Deposits
Less than 1 Year	$ 126,480
1 to 2 Years	206,677
2 to 3 Years	102,970
3 to 4 Years	86,413
Over 4 Years	59,995
Totals	582,535
Aggregate time deposits greater	$ 111,297	$ 104,984

Notes Payable (Details)

Notes Payable (Details) - Note Payable - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Notes Payable
Bank stock (as a percent)			100.00%
Principal payments			$ 500
Debt Instrument, Basis Spread on Variable Rate			2.40%
Interest rate ( as a percent)	4.75%	3.76%
Unpaid principal balance	$ 15,000	$ 17,000

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Details) - Cash flow hedge - Interest Rate Swap - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Flow Hedging Instruments
Notional Amount	$ 15,000	$ 17,000
Average Notional Amount	$ 15,750	$ 17,750
Weighted Average Pay Rate	1.21%	1.21%
Weighted Average Receive Rate	1.97%	1.07%
Derivative Weighted Average Maturity	2 years 1 month 28 days	3 years 1 month 28 days
Net Unrealized Gain	$ 352	$ 344

Federal Home Loan Bank Advanc_3

Federal Home Loan Bank Advances and Other Borrowings (Details) $ in Thousands	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Federal Home Loan Bank Advances and Other Borrowings
Federal Funds Purchased	$ 18,000	$ 23,000
Federal Home Loan Bank Advances
Federal Home Loan Bank Advances and Other Borrowings
Principal balances	577,241	490,463
Remaining available borrowings	122,120	180,942
Federal Reserve Discount Window
Federal Home Loan Bank Advances and Other Borrowings
Principal balances	159,616	47,590
Remaining available borrowings	$ 114,051	37,530
Federal Funds Purchased
Federal Home Loan Bank Advances and Other Borrowings
Number of business days	1
Federal Funds Purchased	$ 18,000	$ 23,000
Interest rate (as a percent)	2.63%	1.63%

Federal Home Loan Bank Advanc_4

Federal Home Loan Bank Advances and Other Borrowings - Maturity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Weighted Average Rate
2018		1.49%
2019	1.47%	1.47%
2020	1.65%	1.65%
2021	1.99%	1.99%
2022	2.50%	2.10%
2023	3.03%
2024	3.17%
2025	3.29%
Total Outstanding
2018		$ 14,000
2019	$ 20,000	20,000
2020	5,000	5,000
2021	15,000	15,000
2022	29,000	14,000
2023	40,000
2024	5,000
2025	10,000
Advances from Federal Home Loan Banks, Total	$ 124,000	$ 68,000

Subordinated Debentures (Detail

Subordinated Debentures (Details) - USD ($) $ in Thousands	Jul. 12, 2017	Dec. 31, 2018	Dec. 31, 2017
Subordinated Debentures
Total amortization expense		$ 103	$ 43
Subordinated notes due 2027
Subordinated Debentures
Aggregate principal amount	$ 25,000
Percentage of face value at which notes are issued	100.00%
Issuance costs	$ 516
Amortization period of debt	5 years
Total amortization expense		103	43
Remaining to be amortized		$ 370	$ 473
Fixed interest rate	5.875%
Redemption percentage of the outstanding principal amount	100.00%
3 month LIBOR | Subordinated notes due 2027
Subordinated Debentures
Variable spread on debt	3.88%

Related Party Transactions - Lo

Related Party Transactions - Loans and Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related-Party Transactions
Beginning Balance	$ 11,344	$ 15,149
New Loans and Advances	35,761	7,858
Repayments	(7,653)	(5,368)
Changes to Related Parties	2	(6,295)
Totals	39,454	11,344
Due to Related Parties	$ 8,856	$ 4,039

Related Party Transactions - Ex

Related Party Transactions - Exchange Agreements (Details) - Castle Creek Capital Partners V, LP	12 Months Ended
	Dec. 31, 2018shares
Nonvoting Common Stock
Related-Party Transactions
Shares acquired in exchange	1,431,796
Voting Common Stock
Related-Party Transactions
Number of shares issued	1,431,796

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes
Statutory Rate (as a percent)									21.00%	35.00%	35.00%
Income tax expense related to the write-down of deferred tax assets									$ 2,005
Current Tax Provision									6,522	$ 10,206	$ 9,122
Deferred Tax Benefit									(1,298)	(2,062)	(1,070)
Change in Deferred Taxes Due to Enacted Changes in Tax Law										(2,005)
Total Income Tax Provision	$ (1,302)	$ 2,184	$ 2,274	$ 2,068	$ 2,036	$ 3,064	$ 2,665	$ 2,384	$ 5,224	$ 10,149	$ 8,052

Income Taxes - Reconciliation (

Income Taxes - Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Amount
Amount of Statutory Rate	$ 6,750	$ 9,463	$ 7,443
State Income Taxes (Net of Federal Income Tax Benefit)	2,755	1,757	1,377
Interest on Investment Securities and Loans Exempt From Federal Income Tax	(719)	(1,170)	(829)
Historic Tax Credit	(3,207)	(1,621)
Deferred Tax Asset Revaluation		2,005
Other Differences	(355)	(285)	61
Totals	$ 5,224	$ 10,149	$ 8,052
Percent
Statutory Rate (as a percent)	21.00%	35.00%	35.00%
State Income Taxes (Net of Federal Income Tax Benefit) (as a percent)	8.60%	6.50%	6.50%
Interest on Investment Securities and Loans Exempt From Federal Income Tax (as a percent)	(2.20%)	(4.30%)	(3.90%)
Historic Tax Credit (as a percent)	(10.00%)	(6.00%)
Deferred Tax Asset Revaluation (as a percent)		7.40%
Other Differences (as a percent)	(1.10%)	(1.10%)	0.30%
Total (as a percent)	16.30%	37.50%	37.90%

Income Taxes - Net Deferred Tax

Income Taxes - Net Deferred Tax Asset (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Net deferred tax asset
Start-up Costs	$ 15	$ 33
Depreciation	(249)	(27)
Allowance for Loan Losses	5,757	4,743
Unrealized (Gain) Loss on Securities Available for Sale	491	(335)
Unrealized Gain on Cash Flow Hedge	(74)	(72)
Foreclosed Assets		13
Prepaid Expenses	(496)	(329)
Deferred Compensation	651	495
Other	747	199
Totals	$ 6,842	$ 4,720

Tax Credit Investments - Invest

Tax Credit Investments - Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments in qualified affordable housing projects and other tax credit investments
Investment	$ 4,250	$ 508
Unfunded Commitment	3,226	1,706
Amortization Expense	3,603	1,916
Tax Benefit Recognized	(4,128)	(2,225)	$ 0
Low Income Housing Tax Credit (LIHTC)
Investments in qualified affordable housing projects and other tax credit investments
Investment	2,436
Amortization Expense	310
Tax Benefit Recognized	(346)
Federal Historic Tax Credit (FHTC)
Investments in qualified affordable housing projects and other tax credit investments
Investment	1,814	508
Unfunded Commitment	3,226	1,706
Amortization Expense	3,293	1,916
Tax Benefit Recognized	$ (3,782)	$ (2,225)

Commitments, Contingencies an_3

Commitments, Contingencies and Credit Risk (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Commitments Outstanding
Unfunded Commitments Under Lines of Credit	$ 395,032	$ 309,513
Letters of Credit	81,053	64,546
Totals	476,085	374,059
Payment of construction costs	$ 3,720	1,235	$ 2,191
Construction of corporate headquarters office
Commitments Outstanding
Percentage of cost of work	3.75%
Commitment under contract	$ 23,000
Payment of construction costs	1,964
Federal Home Loan Bank Advances
Commitments Outstanding
Outstanding letters of credit	$ 129,152	$ 63,638

Stock Options (Details)

Stock Options (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)itemshares	Dec. 31, 2017shares
Stock Options
Number of banks in the index | item	44
Minimum
Stock Options
Market capitalization | $	$ 470
Maximum
Stock Options
Market capitalization | $	$ 4,500
2012 Plan
Stock Options
Number of shares authorized for grant options to its directors, officers, and employees	750,000
Term of award	P10Y
Vesting period	5 years
Number of unissued shares of the Company’s common stock authorized for option grants	0	0
2017 Plan
Stock Options
Number of shares authorized for grant options to its directors, officers, and employees	1,500,000
Term of award	P10Y
Vesting period	5 years
Number of unissued shares of the Company’s common stock authorized for option grants	540,000	664,000

Stock Options - Black-Scholes A

Stock Options - Black-Scholes Assumptions (Details)	12 Months Ended
	Dec. 31, 2018
Black-Scholes Assumptions
Expected Life	7 years
Expected Volatility	20.48%
Risk-Free Interest Rate	2.93%

Stock Options - Stock Option Pl

Stock Options - Stock Option Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stock Option Plans
Outstanding at Beginning of Year	1,721,000	765,000
Granted	135,000	1,046,000
Exercised	(37,900)	(90,000)
Forfeitures	(11,000)
Outstanding at Period End	1,807,100	1,721,000	765,000
Options Exercisable at Period End	721,100	419,000
Weighted Average Exercise Price
Outstanding at Beginning of Year	$ 5.68	$ 2.79
Granted	12.52	7.47
Exercised	2.78	2.01
Forfeitures	7.61
Outstanding at Period End	6.24	5.68	$ 2.79
Options Exercisable at Period End	$ 4.19	$ 2.83
Compensation expense for stock options	$ 799	$ 368	$ 222

Stock Options - Exercise Price

Stock Options - Exercise Price (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares
Exercise Price
Options Outstanding, Number Outstanding	1,807,100
Options Outstanding, Remaining Contractual Life	7 years 6 months
Options Outstanding, Exercise Price | $ / shares	$ 6.24
Options Exercisable, Number Outstanding	721,100
Total unrecognized compensation cost | $	$ 2,661
Total unrecognized compensation cost expected to be recognized (in years)	5 years
1.65
Exercise Price
Options Outstanding, Number Outstanding	7,500
Options Outstanding, Remaining Contractual Life	2 years 9 months 18 days
Options Outstanding, Exercise Price | $ / shares	$ 1.65
Options Exercisable, Number Outstanding	7,500
2.13
Exercise Price
Options Outstanding, Number Outstanding	90,000
Options Outstanding, Remaining Contractual Life	4 years 3 months 18 days
Options Outstanding, Exercise Price | $ / shares	$ 2.13
Options Exercisable, Number Outstanding	90,000
3.00
Exercise Price
Options Outstanding, Number Outstanding	490,000
Options Outstanding, Remaining Contractual Life	5 years
Options Outstanding, Exercise Price | $ / shares	$ 3
Options Exercisable, Number Outstanding	386,000
3.58
Exercise Price
Options Outstanding, Number Outstanding	50,000
Options Outstanding, Remaining Contractual Life	6 years
Options Outstanding, Exercise Price | $ / shares	$ 3.58
Options Exercisable, Number Outstanding	30,000
7.47
Exercise Price
Options Outstanding, Number Outstanding	1,039,600
Options Outstanding, Remaining Contractual Life	8 years 9 months 18 days
Options Outstanding, Exercise Price | $ / shares	$ 7.47
Options Exercisable, Number Outstanding	207,600
13.22
Exercise Price
Options Outstanding, Number Outstanding	25,000
Options Outstanding, Remaining Contractual Life	9 years 4 months 24 days
Options Outstanding, Exercise Price | $ / shares	$ 13.22
12.86
Exercise Price
Options Outstanding, Number Outstanding	45,000
Options Outstanding, Remaining Contractual Life	9 years 8 months 12 days
Options Outstanding, Exercise Price | $ / shares	$ 12.86
12.94
Exercise Price
Options Outstanding, Number Outstanding	35,000
Options Outstanding, Remaining Contractual Life	9 years 9 months 18 days
Options Outstanding, Exercise Price | $ / shares	$ 12.94
11.59
Exercise Price
Options Outstanding, Number Outstanding	25,000
Options Outstanding, Remaining Contractual Life	9 years 9 months 18 days
Options Outstanding, Exercise Price | $ / shares	$ 11.59

Stock Options - Non-Vested Opti

Stock Options - Non-Vested Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Nonvested Options at December 31, 2017	1,302,000
Granted	135,000	1,046,000
Vested	(340,000)
Forfeited	(11,000)
Nonvested Options at March 31, 2018	1,086,000	1,302,000
Weighted Average Grant Date Fair Value
Nonvested Options at December 31, 2017	$ 2.55
Granted	3.77
Vested	2.29
Forfeited	2.85
Nonvested Options at March 31, 2018	$ 2.78	$ 2.55

Profit Sharing Plan (Details)

Profit Sharing Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Profit Sharing Plan
Employer match contributions (as a percent)	100.00%
Employer contribution on employees' gross pay ( as a percent)	4.00%
Employer match contributions	$ 483	$ 304	$ 320
Total employer profit sharing contributions	$ 328	$ 250	$ 237

Deferred Compensation Plan (Det

Deferred Compensation Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2018	Dec. 31, 2017
Deferred Compensation Plan
Vesting period	75 days
Deferred compensation liability		$ 2,914	$ 2,159

Regulatory Capital - Capital Am

Regulatory Capital - Capital Amounts and Ratios (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total Risk-Based Capital
Total Risk-Based Capital, Actual amount	$ 263,909	$ 173,848
Total Risk-Based Capital, For Capital Adequacy Purposes, amount	$ 145,111	$ 111,638
Total Risk-Based Capital, Actual ratio	14.55%	12.46%
Total Risk-Based Capital, For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Tier 1 Risk-Based Capital
Tier One Risk Based Capital	$ 218,888	$ 132,459
Tier 1 Risk-Based Capital, For Capital Adequacy Purposes, amount	$ 108,833	$ 83,729
Tier 1 Risk-Based Capital, Actual ratio	12.07%	9.49%
Tier 1 Risk-Based Capital, For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Common Equity Tier 1 Capital
Common Equity Tier 1 Capital, Actual amount	$ 218,888	$ 132,459
Common Equity Tier 1 Capital, For Capital Adequacy Purposes, amount	$ 81,625	$ 62,797
Common Equity Tier 1 Capital, Actual ratio	12.07%	9.49%
Common Equity Tier 1 Capital, For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Leverage Ratio
Tier 1 Leverage Ratio, Actual amount	$ 218,888	$ 132,459
Tier 1 Leverage Ratio, For Capital Adequacy Purposes, amount	$ 77,971	$ 63,264
Tier 1 Leverage Ratio, Actual ratio	11.23%	8.38%
Tier 1 Leverage Ratio, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Capital conservation buffer (as a percent)	1.875%	1.25%
Incremental increase in buffer (as a percent)	2.50%
Bank
Total Risk-Based Capital
Total Risk-Based Capital, Actual amount	$ 230,865	$ 171,805
Total Risk-Based Capital, For Capital Adequacy Purposes, amount	144,776	111,134
Total Risk-Based Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, amount	$ 180,970	$ 138,918
Total Risk-Based Capital, Actual ratio	12.76%	12.37%
Total Risk-Based Capital, For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total Risk-Based Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, Ratio	10.00%	10.00%
Tier 1 Risk-Based Capital
Tier One Risk Based Capital	$ 210,474	$ 154,943
Tier 1 Risk-Based Capital, For Capital Adequacy Purposes, amount	108,582	83,351
Tier 1 Risk-Based Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, amount	$ 144,776	$ 111,134
Tier 1 Risk-Based Capital, Actual ratio	11.63%	11.15%
Tier 1 Risk-Based Capital, For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 Risk-Based Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, Ratio	8.00%	8.00%
Common Equity Tier 1 Capital
Common Equity Tier 1 Capital, Actual amount	$ 210,474	$ 154,943
Common Equity Tier 1 Capital, For Capital Adequacy Purposes, amount	81,436	62,513
Common Equity Tier 1 Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, amount	$ 117,630	$ 90,297
Common Equity Tier 1 Capital, Actual ratio	11.63%	11.15%
Common Equity Tier 1 Capital, For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Common Equity Tier 1 Capital, To be Well Capitalized Under Prompt Corrective Action Regulations, Ratio	6.50%	6.50%
Leverage Ratio
Tier 1 Leverage Ratio, Actual amount	$ 210,474	$ 154,943
Tier 1 Leverage Ratio, For Capital Adequacy Purposes, amount	77,795	63,060
Tier 1 Leverage Ratio, To be Well Capitalized Under Prompt Corrective Action Regulations, amount	$ 97,244	$ 78,825
Tier 1 Leverage Ratio, Actual ratio	10.82%	9.83%
Tier 1 Leverage Ratio, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Tier 1 Leverage Ratio, To be Well Capitalized Under Prompt Corrective Action Regulations, Ratio	5.00%	5.00%

Fair Value Measurement - Recurr

Fair Value Measurement - Recurring (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	$ 253,378	$ 229,491
Interest Rate Swap	352	344
Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Interest Rate Swap	352	344
Totals	253,730	229,835
U.S. Treasury Securities
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	17,897
U.S. Treasury Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	17,897
Municipal Bonds
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	118,133	118,320
Municipal Bonds | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	118,133	118,320
Mortgage-Backed Securities
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	47,176	60,681
Mortgage-Backed Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	47,176	60,681
Corporate Securities
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	21,118	5,107
Corporate Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	21,118	5,107
SBA Securities
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	49,054	45,383
SBA Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	49,054	45,383
Level 1
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	17,897
Level 1 | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Totals	17,897
Level 1 | U.S. Treasury Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	17,897
Level 2
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	235,481	229,491
Interest Rate Swap	352	344
Level 2 | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Interest Rate Swap	352	344
Totals	235,833	229,835
Level 2 | Municipal Bonds | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	118,133	118,320
Level 2 | Mortgage-Backed Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	47,176	60,681
Level 2 | Corporate Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	21,118	5,107
Level 2 | SBA Securities | Recurring
Balances of the assets and liabilities measured at fair value on a recurring basis
Securities Available for Sale, at Fair Value	$ 49,054	$ 45,383

Fair Value Measurement - Nonrec

Fair Value Measurement - Nonrecurring (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Loss	$ 800	$ 1,275	$ 900	$ 600	$ 1,200	$ 1,200	$ 825	$ 950	$ 3,575	$ 4,175	$ 3,250
Nonrecurring
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Loss									396	109	801
Nonrecurring | Impaired Loans
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Loss									396	109	157
Nonrecurring | Foreclosed Assets
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Loss											644
Level 2 | Nonrecurring
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Assets measured at fair value	426				464				426	464	2,737
Level 2 | Nonrecurring | Impaired Loans
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Assets measured at fair value	$ 426				$ 464				$ 426	$ 464	527
Level 2 | Nonrecurring | Foreclosed Assets
Balances of the assets and liabilities measured at fair value on a nonrecurring basis
Assets measured at fair value											$ 2,210

Fair Value Measurement - Estima

Fair Value Measurement - Estimated Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Assets:
Cash and Due From Banks	$ 28,444	$ 23,725
Bank-Owned Certificates of Deposit	3,305	3,072
Securities Available for Sale, at Fair Value	253,378	229,491
FHLB Stock, at Cost	7,614	5,147
Loans, Net	1,640,385	1,326,507
Accrued Interest Receivable	6,589	5,342
Interest Rate Swap	352	344
Financial Liabilities:
Deposits	1,560,934	1,339,350
Federal Funds Purchased	18,000	23,000
Notes Payable	15,000	17,000
FHLB Advances	124,000	68,000
Subordinated Debentures	24,630	24,527
Accrued Interest Payable	1,806	1,408
Level 1
Financial Assets:
Cash and Due From Banks	28,444	23,725
Securities Available for Sale, at Fair Value	17,897
Level 2
Financial Assets:
Bank-Owned Certificates of Deposit	3,292	3,075
Securities Available for Sale, at Fair Value	235,481	229,491
FHLB Stock, at Cost	7,614	5,147
Loans, Net	1,634,196	1,323,495
Accrued Interest Receivable	6,589	5,342
Interest Rate Swap	352	344
Financial Liabilities:
Deposits	1,560,488	1,340,109
Federal Funds Purchased	18,000	23,000
Notes Payable	15,551	17,024
FHLB Advances	124,952	67,282
Subordinated Debentures	25,365	25,090
Accrued Interest Payable	1,806	1,408
Estimated Fair Value
Financial Assets:
Cash and Due From Banks	28,444	23,725
Bank-Owned Certificates of Deposit	3,292	3,075
Securities Available for Sale, at Fair Value	253,378	229,491
FHLB Stock, at Cost	7,614	5,147
Loans, Net	1,634,196	1,323,495
Accrued Interest Receivable	6,589	5,342
Interest Rate Swap	352	344
Financial Liabilities:
Deposits	1,560,488	1,340,109
Federal Funds Purchased	18,000	23,000
Notes Payable	15,551	17,024
FHLB Advances	124,952	67,282
Subordinated Debentures	25,365	25,090
Accrued Interest Payable	$ 1,806	$ 1,408

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Components of other comprehensive income (loss), before tax
Net Unrealized Loss on Available for Sale Securities, before tax	$ (3,804)	$ 6,354	$ (5,860)
Less: Reclassification Adjustment for Net Gains Included in Net Income	125	250	(830)
Total Unrealized Loss, before tax	(3,679)	6,604	(6,690)
Net Unrealized Gain on Cash Flow Hedge, before tax	9	121	223
Total Unrealized Gain, before tax	9	121	223
Other Comprehensive Loss, before tax	(3,670)	6,725	(6,467)
Components of other comprehensive income (loss), tax effect
Net Unrealized Loss on Available for Sale Securities, tax effect	852	(2,236)	2,052
Less: Reclassification Adjustment for Net Losses Included in Net Income, tax effect	(26)	(88)	290
Total Unrealized Loss, tax effect	826	(2,324)	2,342
Net Unrealized Gain on Cash Flow Hedge, tax effect	(2)	(42)	(78)
Total Unrealized Gain, tax effect	(2)	(42)	(78)
Other Comprehensive Loss, tax effect	824	(2,366)	2,264
Components of other comprehensive income (loss), net of tax
Net Unrealized Loss on Available for Sale Securities, net of tax	(2,952)	4,118	(3,808)
Less: Reclassification Adjustment for Net Losses Included in Net Income, net of tax	99	162	(540)
Total Unrealized Loss, tax effect	(2,853)	4,280	(4,348)
Net Unrealized Gain on Cash Flow Hedge, net of tax	7	79	145
Total Unrealized Gain, net of tax	7	79	145
Total Other Comprehensive Income (Loss), Net of Tax	$ (2,846)	$ 4,359	$ (4,203)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Comprehensive income (loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in each component of accumulated other comprehensive income (loss), net of tax
Balance at the beginning	$ 137,162	$ 115,366	$ 80,178
Total Other Comprehensive Income (Loss), Net of Tax	(2,846)	4,359	(4,203)
Balance at the end	220,998	137,162	115,366
Available For Sale Securities
Changes in each component of accumulated other comprehensive income (loss), net of tax
Balance at the beginning	860	(3,420)	928
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act	147
Other Comprehensive Income (Loss) Before Reclassifications	(2,952)	4,118	(3,808)
Amounts Reclassified from Accumulated Other Comprehensive Income	99	162	(540)
Total Other Comprehensive Income (Loss), Net of Tax	(2,853)	4,280	(4,348)
Balance at the end	(1,846)	860	(3,420)
Cash Flow Hedge
Changes in each component of accumulated other comprehensive income (loss), net of tax
Balance at the beginning	224	145
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act	47
Other Comprehensive Income (Loss) Before Reclassifications	7	79	145
Total Other Comprehensive Income (Loss), Net of Tax	7	79	145
Balance at the end	278	224	145
Accumulated Other Comprehensive Income (loss)
Changes in each component of accumulated other comprehensive income (loss), net of tax
Balance at the beginning	1,084	(3,275)	928
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act	194
Other Comprehensive Income (Loss) Before Reclassifications	(2,945)	4,197	(3,663)
Amounts Reclassified from Accumulated Other Comprehensive Income	99	162	(540)
Total Other Comprehensive Income (Loss), Net of Tax	(2,846)	4,359	(4,203)
Balance at the end	$ (1,568)	$ 1,084	$ (3,275)

Parent Company Financial Info_3

Parent Company Financial Information - Balance Sheet (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and Cash Equivalents	$ 28,444	$ 23,725
Premises and Equipment, Net	13,074	10,115
Other Assets	17,274	8,763
Total Assets	1,973,741	1,616,612
LIABILITIES
Notes Payable	15,000	17,000
Subordinated Debt	24,630	24,527
Accrued Interest Payable	1,806	1,408
Other Liabilities	8,373	6,165
Total Liabilities	1,752,743	1,479,450
SHAREHOLDERS' EQUITY
Additional Paid-In Capital	126,031	66,324
Retained Earnings	96,234	69,508
Accumulated Other Comprehensive Income (Loss)	(1,568)	1,084
Total Shareholders' Equity	220,998	137,162	$ 115,366	$ 80,178
Total Liabilities and Shareholders' Equity	$ 1,973,741	$ 1,616,612
Common shares, par value (in dollars per share)	$ 0.01	$ 0.01
Voting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value	$ 301	$ 208
Common Stock, Shares Authorized	75,000,000	75,000,000
Nonvoting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value		$ 38
Common Stock, Shares Authorized	10,000,000	10,000,000
Parent Company
ASSETS
Cash and Cash Equivalents	$ 45,498	$ 15,054
Investment in Subsidiaries	213,676	160,734
Premises and Equipment, Net	816	2,750
Other Assets	1,571	1,026
Total Assets	261,561	179,564
LIABILITIES
Notes Payable	15,000	17,000
Subordinated Debt	24,630	24,527
Accrued Interest Payable	745	761
Other Liabilities	188	114
Total Liabilities	40,563	42,402
SHAREHOLDERS' EQUITY
Additional Paid-In Capital	126,031	66,324
Retained Earnings	96,234	69,508
Accumulated Other Comprehensive Income (Loss)	(1,568)	1,084
Total Shareholders' Equity	220,998	137,162
Total Liabilities and Shareholders' Equity	$ 261,561	$ 179,564
Common shares, par value (in dollars per share)	$ 0.01	$ 0.01
Parent Company | Voting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value	$ 301	$ 208
Common Stock, Shares Authorized	75,000,000	75,000,000
Parent Company | Nonvoting Common Stock
SHAREHOLDERS' EQUITY
Common Stock- $0.01 par value		$ 38
Common Stock, Shares Authorized	10,000,000	10,000,000

Parent Company Financial Info_4

Parent Company Financial Information - Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INCOME
Other Income									$ 499	$ 341	$ 361
Total Interest Income	$ 23,988	$ 22,136	$ 20,392	$ 18,710	$ 18,576	$ 17,384	$ 15,774	$ 14,612	85,226	66,346	50,632
EXPENSE
Interest Expense	6,546	5,502	4,493	3,947	3,727	3,323	2,702	2,421	20,488	12,173	8,514
LOSS BEFORE INCOME TAX BENEFIT AND EQUITY IN UNDISTRIBUTED EARNINGS	6,459	8,647	9,020	8,018	5,370	7,739	7,462	6,467	32,144	27,038	21,267
Income Tax Benefit	1,302	(2,184)	(2,274)	(2,068)	(2,036)	(3,064)	(2,665)	(2,384)	(5,224)	(10,149)	(8,052)
NET INCOME	$ 7,761	$ 6,463	$ 6,746	$ 5,950	$ 3,334	$ 4,675	$ 4,797	$ 4,083	26,920	16,889	13,215
Parent Company
INCOME
Dividend Income									1,100		4,500
Interest Income									3	9	5
Other Income									136	145	50
Total Interest Income									1,239	154	4,555
EXPENSE
Interest Expense									2,162	1,405	731
Other Expenses									1,152	555	297
Total Interest Expense									3,314	1,960	1,028
LOSS BEFORE INCOME TAX BENEFIT AND EQUITY IN UNDISTRIBUTED EARNINGS									(2,075)	(1,806)	3,527
Income Tax Benefit									924	713	400
INCOME (LOSS) BEFORE EQUITY IN UNDISTRIBUTED EARNINGS									(1,151)	(1,093)	3,927
Equity in Undistributed Earnings									28,071	17,982	9,288
NET INCOME									$ 26,920	$ 16,889	$ 13,215

Parent Company Financial Info_5

Parent Company Financial Information - Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 26,920	$ 16,889	$ 13,215
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities:
Net Cash Provided by Operating Activities	29,408	24,902	14,931
CASH FLOWS FROM INVESTING ACTIVITIES
Net Increase in Loans	(317,453)	(346,231)	(176,383)
Net Cash Used in Investing Activities	(354,236)	(350,182)	(266,096)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Notes Payable			20,000
Principal Payments on Notes Payable	(2,000)	(2,000)	(17,042)
Proceeds from Issuance of Subordinated Debentures		24,484
Principal Payments on Subordinated Debentures			(1,500)
Stock Options Exercised	106	180	100
Issuance of Common Stock	58,857		26,046
Redemption and Cancellation of Common Stock			(192)
Net Cash Provided by Financing Activities	329,547	332,506	254,091
NET CHANGE IN CASH AND CASH EQUIVALENTS	4,719	7,226	2,926
Cash and Cash Equivalents Beginning	23,725	16,499	13,573
Cash and Cash Equivalents Ending	28,444	23,725	16,499
Parent Company
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	26,920	16,889	13,215
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities:
Equity in Undistributed Earnings of Subsidiaries	(28,071)	(17,982)	(9,288)
Changes in Other Assets and Liabilities	(368)	180	(490)
Net Cash Provided by Operating Activities	(1,519)	(913)	3,437
CASH FLOWS FROM INVESTING ACTIVITIES
Net Increase in Loans			1,761
Investment in Subsidiaries	(25,000)	(25,000)	(22,750)
Net Cash Used in Investing Activities	(25,000)	(25,000)	(20,989)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Notes Payable			20,000
Principal Payments on Notes Payable	(2,000)	(2,000)	(17,042)
Proceeds from Issuance of Subordinated Debentures		24,484
Principal Payments on Subordinated Debentures			(1,500)
Stock Options Exercised	106	180	100
Issuance of Common Stock	58,857		26,046
Redemption and Cancellation of Common Stock			(192)
Net Cash Provided by Financing Activities	56,963	22,664	27,412
NET CHANGE IN CASH AND CASH EQUIVALENTS	30,444	(3,249)	9,860
Cash and Cash Equivalents Beginning	15,054	18,303	8,443
Cash and Cash Equivalents Ending	$ 45,498	$ 15,054	$ 18,303

Quarterly Condensed Financial_3

Quarterly Condensed Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Condensed Financial Information (Unaudited)
Interest Income	$ 23,988	$ 22,136	$ 20,392	$ 18,710	$ 18,576	$ 17,384	$ 15,774	$ 14,612	$ 85,226	$ 66,346	$ 50,632
Interest Expense	6,546	5,502	4,493	3,947	3,727	3,323	2,702	2,421	20,488	12,173	8,514
NET INTEREST INCOME	17,442	16,634	15,899	14,763	14,849	14,061	13,072	12,191	64,738	54,173	42,118
Provision for Loan Losses	800	1,275	900	600	1,200	1,200	825	950	3,575	4,175	3,250
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	16,642	15,359	14,999	14,163	13,649	12,861	12,247	11,241	61,163	49,998	38,868
Noninterest Income	857	814	485	387	583	987	486	480	2,543	2,536	2,567
Noninterest Expense	11,040	7,526	6,464	6,532	8,862	6,109	5,271	5,254	31,562	25,496	20,168
INCOME BEFORE INCOME TAXES	6,459	8,647	9,020	8,018	5,370	7,739	7,462	6,467	32,144	27,038	21,267
Provision for Income Taxes	(1,302)	2,184	2,274	2,068	2,036	3,064	2,665	2,384	5,224	10,149	8,052
NET INCOME	$ 7,761	$ 6,463	$ 6,746	$ 5,950	$ 3,334	$ 4,675	$ 4,797	$ 4,083	$ 26,920	$ 16,889	$ 13,215
Earnings per share
Basic (in dollars per share)	$ 0.26	$ 0.22	$ 0.22	$ 0.23	$ 0.14	$ 0.19	$ 0.20	$ 0.17	$ 0.93	$ 0.69	$ 0.59
Diluted (in dollars per share)	$ 0.25	$ 0.21	$ 0.22	$ 0.23	$ 0.13	$ 0.19	$ 0.19	$ 0.16	$ 0.91	$ 0.68	$ 0.58

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event - USD ($) $ in Millions	Jan. 22, 2019	Feb. 28, 2019
Subsequent Events
Authorized stock repurchase amount	$ 15
Authorized repurchase program period	24 months
2019 Plan
Subsequent Events
Number of shares authorized		1,000,000