Howard Bancorp (HBMD) 10-Q 11 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 08, 2020
Document And Entity Information
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Entity Registrant Name	Howard Bancorp Inc
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		18,715,678
Amendment Flag	false
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001390162
Current Fiscal Year End Date	--12-31
Trading Symbol	HBMD
Document Fiscal Year Focus	2020

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 15,951	$ 12,992
Interest-bearing deposits with banks	179,999	96,985
Total cash and cash equivalents	195,950	109,977
Securities available for sale, at fair value	275,252	215,505
Securities held to maturity, at amortized cost	7,750	7,750
Nonmarketable equity securities	16,757	14,152
Loans held for sale, at fair value	3,795	30,710
Loans and leases, net of unearned income	1,761,419	1,745,513
Allowance for credit losses	(13,384)	(10,401)
Net loans and leases	1,748,035	1,735,112
Bank premises and equipment, net	42,543	42,724
Goodwill	65,949	65,949
Core deposit intangible	7,770	8,469
Bank owned life insurance	76,275	75,830
Other real estate owned	2,322	3,098
Deferred tax assets, net	33,529	36,010
Interest receivable and other assets	31,967	29,333
Total assets	2,507,894	2,374,619
LIABILITIES
Noninterest-bearing deposits	483,499	468,975
Interest-bearing deposits	1,305,400	1,245,390
Total deposits	1,788,899	1,714,365
Customer repurchase agreements and federal funds purchased	5,321	6,127
FHLB advances	344,000	285,000
Subordinated debt	28,290	28,241
Accrued expenses and other liabilities	26,026	26,738
Total liabilities	2,192,536	2,060,471
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock - par value of $0.01 authorized 20,000,000 shares; issued and outstanding 18,714,844 shares at March 31, 2020 and 19,066,913 at December 31, 2019	187	191
Capital surplus	269,918	276,156
Retained earnings	38,501	35,158
Accumulated other comprehensive income	6,752	2,643
Total stockholders' equity	315,358	314,148
Total liabilities and stockholders' equity	$ 2,507,894	$ 2,374,619

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Consolidated Balance Sheets
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	18,714,844	19,066,913
Common stock, shares outstanding	18,714,844	19,066,913

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
INTEREST INCOME
Interest and fees on loans and leases	$ 20,144	$ 20,566
Interest and dividends on securities	1,848	1,856
Other interest income	234	362
Total interest income	22,226	22,784
INTEREST EXPENSE
Deposits	3,210	3,564
Customer repurchase agreements and federal funds purchased	4	12
FHLB advances	1,026	1,254
Subordinated debt	461	480
Total interest expense	4,701	5,310
NET INTEREST INCOME	17,525	17,474
Provision for credit losses	3,445	1,725
Net interest income after provision for credit losses	14,080	15,749
NONINTEREST INCOME
Service charges on deposit accounts	642	627
Realized and unrealized gains on mortgage banking activity	1,036	1,485
Income from bank owned life insurance	445	447
Loan related fees and service charges	581	1,043
Other operating income	662	933
Total noninterest income	3,366	4,535
NONINTEREST EXPENSE
Compensation and benefits	8,441	8,034
Occupancy and equipment	1,033	1,571
Amortization of core deposit intangible	699	784
Marketing and business development	450	457
Professional fees	726	785
Data processing fees	927	1,378
FDIC assessment	212	287
Other real estate owned	78	27
Loan production expense	468	520
Other operating expense	1,525	1,014
Total noninterest expense	14,559	14,857
INCOME BEFORE INCOME TAXES	2,887	5,427
Income tax (benefit) expense	(456)	1,171
NET INCOME	$ 3,343	$ 4,256
NET INCOME PER COMMON SHARE
Basic income per common share	$ 0.18	$ 0.22
Diluted	$ 0.18	$ 0.22

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Consolidated Statements of Comprehensive Income
Net Income	$ 3,343	$ 4,256
Other comprehensive income (loss) Investments available-for-sale:
Unrealized holding gains (losses)	5,669	1,800
Related income tax (expense) benefit	(1,560)	(496)
Comprehensive income (loss)	$ 7,452	$ 5,560

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common stock	Capital surplus	Retained earnings	Accumulated other comprehensive income (loss)	Total
Balance at Dec. 31, 2018	$ 190	$ 275,843	$ 18,277	$ 373	$ 294,683
Balance (in shares) at Dec. 31, 2018	19,039,347
Net Income			4,256		4,256
Other comprehensive gain				1,304	1,304
Director stock awards		62			62
Director stock awards (in shares)	4,802
Exercise of options	$ 1	76			77
Exercise of options (in shares)	8,554
Employee stock purchase plan		97			97
Employee stock purchase plan (in shares)	6,782
Stock-based compensation		50			50
Balance at Mar. 31, 2019	$ 191	276,128	22,533	1,677	300,529
Balance (in shares) at Mar. 31, 2019	19,059,485
Balance at Dec. 31, 2019	$ 191	276,156	35,158	2,643	314,148
Balance (in shares) at Dec. 31, 2019	19,066,913
Net Income			3,343		3,343
Other comprehensive gain				4,109	4,109
Director stock awards		137			137
Director stock awards (in shares)	8,151
Employee stock purchase plan		195			195
Employee stock purchase plan (in shares)	12,581
Repurchased shares	$ (4)	(6,673)			(6,677)
Repurchased shares (in shares)	(372,801)
Stock-based compensation		103			103
Balance at Mar. 31, 2020	$ 187	$ 269,918	$ 38,501	$ 6,752	$ 315,358
Balance (in shares) at Mar. 31, 2020	18,714,844

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 3,343	$ 4,256
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	3,445	1,725
Deferred income tax	921	1,025
Provision for other real estate owned	21
Depreciation and amortization	558	586
Stock-based compensation	240	209
Net accretion of discount on purchased loans	(204)	(464)
Net amortization of intangible asset	699	784
Loans originated for sale	(79,847)	(84,354)
Proceeds from sale of loans originated for sale	107,798	80,285
Realized and unrealized gains on mortgage banking activity	(1,036)	(1,485)
Loss on sale of other real estate owned, net	28
Cash surrender value of BOLI	(445)	(447)
Increase in other assets	(3,179)	(243)
Decrease in other liabilities	(2,723)	(1,166)
Other - net	13	(73)
Net cash provided by operating activities	29,632	638
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities	(64,441)	(5,000)
Proceeds from sales, maturities and calls of investment securities	10,350	38,872
Net (increase) decrease in loans and leases outstanding	(16,164)	193
Proceeds from the sale of other real estate owned	727
Purchase of premises and equipment	(377)	(171)
Net cash (used in) provided by investing activities	(69,905)	33,894
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	74,534	(12,338)
Net decrease in short-term borrowings	(806)	(6,307)
Net increase (decrease) in FHLB advances	59,000	(20,000)
Proceeds from issuance of common stock, net of cost	195	77
Repurchase of common stock	(6,677)
Net cash provided by (used in ) financing activities	126,246	(38,568)
Net increase (decrease) in cash and cash equivalents	85,973	(4,036)
Cash and cash equivalents at beginning of period	109,977	101,498
Cash and cash equivalents at end of period	195,950	97,462
SUPPLEMENTAL INFORMATION
Cash payments for interest	4,230	5,044
Cash payments for income taxes	15
Transferred from loans to other real estate owned	755
Cash payments for operating leases	195	365
Lease liabilities arising from obtaining right of use assets (see Note 8)	2,011	18,009
Goodwill reduction for adjustments to acquired net deferred tax assets	$ 0	$ 4,748

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2020
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	Note 1: Summary of Significant Accounting Policies Nature of Operations Howard Bancorp, Inc. (“Bancorp” or the “Company”) was incorporated in April 2005 under the laws of the State of Maryland. On December 15, 2005, Bancorp acquired all of the stock of Howard Bank (the “Bank”) pursuant to the Plan of Reorganization approved by the stockholders of the Bank and by federal and state regulatory agencies. Each share of the Bank’s common stock was converted into two shares of Bancorp common stock effected by the filing of Articles of Exchange on that date, and the stockholders of the Bank became the stockholders of Bancorp. Bancorp is now a bank holding company registered under the Bank Holding Company Act of 1956, with a single bank subsidiary, Howard Bank, which operates as a state trust company with commercial banking powers regulated by the Maryland Office of the Commissioner of Financial Regulation (the “Commissioner”). The Bank has nine subsidiaries—six were formed to hold foreclosed real estate (three of which are currently inactive), two own and manage real estate used for corporate purposes, and one holds historic tax credit investments. The Company is a diversified financial services company providing commercial banking and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2019 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 16, 2020. There have been no significant changes to the Company’s accounting policies as disclosed in the 2019 Annual Report on Form 10-K. The following is a description of the Company’s significant accounting policies. Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for financial information. Principles of Consolidation The consolidated financial statements include the accounts of Bancorp, the Bank and the Bank’s subsidiaries. All significant intercompany accounts and transactions have been eliminated. The parent company only financial statements report investments in the Bank under the equity method. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near-term relate to the determination of the allowance for credit losses, goodwill, deferred tax assets, other-than-temporary impairment of investment securities and the fair value of loans held for sale. Allowance for Credit Losses The allowance for credit losses is maintained at a level believed adequate by management to absorb probable losses inherent in the loan and lease portfolio and is based on the size and current risk characteristics of the loan and lease portfolio, an assessment of individual problem loans and leases, actual loss experience, current economic events in specific industries and geographic areas including unemployment levels and other pertinent factors including general economic conditions. Determination of the allowance is inherently subjective as it requires significant estimates, including the amounts and timing of expected future cash flows on impaired loans and leases, estimated losses on pools of homogenous loans and leases based on historical loss experience and consideration of economic trends, all of which may be susceptible to significant change. Credit losses are charged off against the allowance, while recoveries of amounts previously charged off are credited to the allowance. A provision for credit losses is charged to operations based on management’s periodic evaluation of the factors previously mentioned, as well as other pertinent factors. Evaluations are conducted at least quarterly and more often if deemed necessary. The allowance for credit losses consists of a specific component and a nonspecific component. The components of the allowance for credit losses represent an estimation done pursuant to either the Financial Accounting Standards Board’s (the “FASB”) Accounting Standards Codification (“ASC”) Topic 450 Contingencies or ASC Topic 310 Receivables . The specific component of the allowance for credit losses reflects expected losses resulting from analysis developed through credit allocations for individual loans and leases. The credit allocations are based on a regular analysis of all loans and leases over a fixed-dollar amount where the internal credit rating is at or below a predetermined classification. The specific component of the allowance for credit losses also includes management’s determination of the amounts necessary given concentrations and changes in portfolio mix and volume. The nonspecific portion of the allowance is determined based on management’s assessment of general economic conditions, as well as economic factors in the individual markets in which the Company operates including the strength and timing of economic cycles and concerns over the effects of a prolonged economic downturn in the current cycle. This determination inherently involves a higher risk of uncertainty and considers current risk factors that may not have yet manifested themselves in the Bank’s historical loss factors used to determine the nonspecific component of the allowance, and it recognizes knowledge of the portfolio may be incomplete. The Bank’s historic loss factors are based upon actual losses incurred by portfolio segment over the preceding 24-month period. In portfolio segments where no actual losses have been incurred within the most recent 24-month period, industry loss data for that portfolio segment, as provided by the Federal Deposit Insurance Corporation (“FDIC”), are utilized. In addition to historic loss factors, the Bank’s methodology for the allowance for credit losses incorporates other risk factors that may be inherent within the portfolio segments. For each portfolio segment, in addition to the historic loss experience, the qualitative factors that are measured and monitored in the overall determination of the allowance include: · changes in lending policies, procedures, and practices; · changes in international, national, state and local economic and business conditions and developments that affect the collectibility of the portfolio, including the condition of various market segments; · changes in the nature and volume of the loan portfolio; · changes in the experience, ability and depth of the lending staff; · changes in the volume and severity of past due, nonaccrual, and adversely classified loans; · changes in the quality of our loan review system; · changes in the value of underlying collateral for collateral-dependent loans; · the existence of any concentrations of credit, and changes in the level of such concentrations; · the effect of other external factors such as competition and legal and regulatory requirements; and · any other factors that management considers relevant to the quality or performance of the loan portfolio. Each of these qualitative risk factors is measured based upon data generated either internally, or in the case of economic conditions utilizing independently provided data on items such as unemployment rates, commercial real estate vacancy rates, or other market data deemed relevant to the business conditions within the markets served. The Company’s loan and lease policies state that after all collection efforts have been exhausted, and the loan or lease is deemed to be a loss, then the remaining loan or lease balance will be charged to the Company’s established allowance for credit losses. All loans and leases are evaluated for loss potential once it has been determined by the Watch Committee that the likelihood of repayment is in doubt. When a loan is past due for at least 90 days or a deterioration in debt service coverage ratio, guarantor liquidity, or loan-to-value ratio has occurred that would cause concern regarding the likelihood of the full repayment of principal and interest, and the loan or lease is deemed not to be well secured, the loan or lease would be moved to non-accrual status and a specific reserve is established if the net realizable value is less than the principal value of the loan balance(s). Once the actual loss value has been determined, a charge-off against the allowance for credit losses for the amount of the loss is taken. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss. Acquired Loans Acquired loans are recorded at fair value at the date of acquisition, and accordingly, no allowance for loan losses is transferred to the acquiring entity under the acquisition method. The fair values of loans with evidence of credit deterioration (acquired credit impaired loans) are initially recorded at fair value, but thereafter accounted for differently than purchased, non-credit-impaired loans. For acquired credit impaired loans, the excess of all cash flows estimated to be collectable at the date of acquisition over the initial investment in the acquired credit impaired loan is recognized as interest income, using a level-yield basis over the life of the loan. This amount is referred to as the accretable yield. The acquired credit impaired loan’s contractually-required payments receivable estimated to be in excess of the amount of its future cash flows expected at the date of acquisition is referred to as the non-accretable difference, and is not reflected as an adjustment to the yield, but in the form of a loss accrual or a valuation allowance. Subsequent to the acquisition date, management continues to monitor cash flows on a quarterly basis, to determine the performance of each acquired credit impaired loan in comparison to management’s initial performance expectations. Subsequent decreases in the present value of expected cash flows will be recorded as an increase in the allowance for credit losses through a provision for loan losses. Subsequent significant increases in cash flows result in a reversal of the provision for loan losses to the extent of prior provisions or a reclassification of amount from non-accretable difference to accretable yield, with a positive impact on the accretion of interest income in future periods. Goodwill, Other Intangible Assets and Long-Lived Assets Goodwill represents the excess of the purchase price over the sum of the estimated fair values of tangible and identifiable intangible assets acquired less the estimated fair value of the liabilities assumed. Core deposit intangibles represent the estimated value of long-term deposit relationships acquired in a business combination. The core deposit intangible is amortized over the estimated useful lives of the long-term deposits acquired, and the remaining amounts of the core deposit intangible are periodically reviewed for impairment. Goodwill has an indefinite useful life and is evaluated for impairment annually or more frequently if events and circumstances indicate that the asset might be impaired. Long-lived assets are those that provide the Company with a future economic benefit beyond the current year or operating period. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset is greater than the fair value of the asset. Assets to be disposed of are reported at the lower of the cost or the fair value, less costs to sell. An impairment analysis is performed annually. Management has determined that the Company has one reporting unit, and based upon the annual impairment analysis, it was determined that there was not an impairment of the carrying value of either the goodwill, core deposit intangible or other long-lived assets for 2019. Income Taxes The Company uses the asset/liability method of accounting for income taxes. Under the asset/liability method, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities (i.e., temporary differences) and are measured at the enacted rates that will be in effect when these differences reverse. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. In addition, deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or the entire deferred tax asset will not be realized. The Company does not have uncertain tax positions that are deemed material, and did not recognize any adjustments for unrecognized tax benefits. The Company’s policy is to recognize interest and penalties on income taxes in other noninterest expenses. The Company remains subject to examination by federal and state taxing authorities for income tax returns for the years ending after December 31, 2014. Share-Based Compensation Compensation cost is recognized for stock options and restricted stock issued to directors and employees. Compensation cost is measured as the fair value of these awards on their date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. The market price of the Company’s common stock at the date of grant is used for restricted stock awards, which include restricted stock units. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. When an award is granted to an employee who is retirement eligible, the compensation cost of these awards is recognized over the period up to when the director or employee first becomes eligible to retire. Compensation expense for non-vested common stock awards is based on the fair value of the awards, which is generally the market price of the common stock on the measurement date, which, for the Company, is the date of grant, and is recognized ratably over the service period of the award. Reclassifications Certain reclassifications to prior financial presentation were made to conform to the 2020 presentation. These reclassifications did not affect previously reported net income or total stockholders’ equity. Recent Accounting Pronouncements The FASB has issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform, on financial reporting. The risk of termination of the London Interbank Offered Rate (LIBOR), has caused regulators to undertake reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based that are less susceptible to manipulation. The FASB has issued ASU 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842). This ASU amends the effective date of the credit loss standard (ASU 2016-13) for smaller reporting companies, as defined by the SEC. The one-time determination of whether an entity is eligible to be a smaller reporting company is based on an entity’s most recent determination as of November 15, 2019, in accordance with SEC regulations. The Company met this definition of smaller reporting company based on its most recent determination as of November 15, 2019. As a result, the effective date of this ASU for the Company has been amended from fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, to fiscal years beginning after December 31, 2022, and interim periods within those fiscal years. In addition, this ASU amended the mandatory effective date for the elimination of Step 2 from the goodwill impairment test (ASU 2017-04 discussed below). As a smaller reporting company, the effective date of the goodwill impairment standard for the Company has been amended from fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, to fiscal years beginning after December 31, 2022, and interim periods within those fiscal years. The FASB has issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The amendments in this Update simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The Company should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Impairment charges should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value, however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The impairment charge is limited to the amount of goodwill allocated to that reporting unit. As discussed above, this ASU, as amended by ASU 2019-10, will be effective for the Company on January 1, 2023. The Company will evaluate the guidance in this Update but does not expect it to have a significant impact on the Company’s financial position or results of operations. The FASB has issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326). The main objective of this update 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 guidance in this Update replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. As discussed above, this ASU, as amended by ASU 2019-10, will be effective for the Company on January 1, 2023. The Company has engaged a third party vendor and is currently gathering historical data and reviewing the methodologies and assumptions utilized to determine the impact of this update on the Company’s Consolidated Financial Statements. COVID-19 Risks and Uncertainties In December 2019, a novel strain of coronavirus (COVID-19) was reported to have surfaced in China, and has since spread to a number of other countries, including the United States. In March 2020, the World Health Organization declared COVID-19 a global pandemic and the United States declared a National Public Health Emergency. The COVID-19 pandemic has severely restricted the level of economic activity in the Company’s markets. In response to the COVID-19 pandemic, the State of Maryland and most other states have taken preventative or protective actions, such as imposing restrictions on travel and business operations, advising or requiring individuals to limit or forego their time outside of their homes, and ordering temporary closures of businesses that have been deemed to be non-essential. While the Company’s business has been designated an essential business, which allows the Bank to continue to serve its customers, the Company serves many customers that have been deemed, or who are employed by businesses that have been deemed, to be non-essential. And many of the Company’s customers that have been categorized to date as essential businesses, or who are employed by businesses that have been categorized as essential businesses, have been adversely affected by the COVID-19 pandemic. The impact of the COVID-19 pandemic is fluid and continues to evolve. The COVID-19 pandemic and its associated impacts on trade (including supply chains and export levels), travel, employee productivity, unemployment, consumer spending, and other economic activities has resulted in less economic activity, lower equity market valuations and significant volatility and disruption in financial markets, and has had an adverse effect on the Company’s business and results of operations. In addition, due to the COVID-19 pandemic, market interest rates have declined significantly, with the 10-year Treasury bond falling below 1.00% on March 3, 2020 for the first time. On March 3, 2020, the Federal Open Market Committee reduced the targeted federal funds interest rate range by 50 basis points to 1.00% to 1.25%. This range was further reduced to 0% to 0.25% percent on March 16, 2020. These reductions in interest rates and the other effects of the COVID-19 pandemic has had and is expected to continue to have a an adverse effect on the Company’s business and results of operations. The ultimate extent of the impact of the COVID-19 pandemic on the Company’s business, financial condition and results of operations is currently uncertain and will depend on various developments and other factors, including, among others, the duration and scope of the pandemic, as well as governmental, regulatory and private sector responses to the pandemic, and the associated impacts on the economy, financial markets and the Company’s customers, employees and vendors.

Exit of Mortgage Banking Activi

Exit of Mortgage Banking Activities	3 Months Ended
	Mar. 31, 2020
Exit of Mortgage Banking Activities
Exit of Mortgage Banking Activities	Note 2: Exit of Mortgage Banking Activities On December 18, 2019, the Company entered into an agreement to release certain management members of the mortgage division from their employment contracts and allow those individuals to create a limited liability company (“LLC”) for the purpose of hiring all remaining mortgage employees. The Company also agreed to transfer ownership of the domain name “VAmortgage.com” to the newly created LLC. In consideration of the release of the employment agreements, the transfer of the mortgage employees, and the sale of the domain name, the LLC paid the Company $750 thousand. Under the agreement, there was a transition period of approximately 45 days, after which the Company agreed to cease originating residential first lien mortgage loans and will exit all mortgage banking activities. Accordingly all of the residential first lien mortgage pipeline were processed by the end of the first quarter of 2020. In order to manage loan run-off within the residential mortgage loan portfolio, the Company plans on buying first lien residential mortgage loans, on a servicing released basis, from both the LLC and other third-party originators. The following table presents a roll forward of loans held for sale, showing loans originated for sale and loans sold into the secondary market, for the periods March 31, 2020 and, December 31, 2019. In addition, the volume of loans originated for the Company’s loan portfolio as well as a statement of operations for the mortgage banking activities for the same periods. Since the mortgage banking activities were conducted within a division of the Bank, formal financial statements were not prepared. The statement of operations presented below reflects only the direct costs associated with the Company’s mortgage banking activities and is thus representative of the incremental after tax impact of exiting this activity. Quarter Ended Year Ended (in thousands) March 31, 2020 December 31, 2019 Loans held for sale, January 1 $ 30,710 $ 21,261 Loans originated for sale 79,847 573,306 Loans sold into the secondary market (106,762) (563,857) Loans held for sale, at end of period $ 3,795 $ 30,710 Loans originated for the Bank's portfolio $ 11,378 $ 114,561 For the three months ended March 31, 2020 2019 Statement of Operations: Net interest income $ 143 $ 147 Realized and unrealized gains on mortgage banking activity 1,036 1,485 Loan related fees and service charges 389 460 Total noninterest income 1,425 1,945 Salaries and benefits 928 1,607 Occupancy 20 79 All other operating expenses 490 468 Total noninterest expense 1,438 2,154 Pretax contribution 130 (62) Income tax expense (benefit) 36 (17) After tax contribution $ 94 $ (45) Since the Bank's 91 employees that were engaged in mortgage banking activities were hired by the LLC under the terms of the agreement, no severance costs were recorded. However, in the fourth quarter of 2019, the Company recorded $288 thousand of exit costs associated with change in control and retention agreements. Back office employees remained with the bank for a portion of the first quarter in order to process the pipeline The LLC is subleasing the office space that was used by these employees; therefore, no exit costs associated with lease terminations were required.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2020
Investment Securities
Investment Securities	Note 3: Investment Securities The Bank holds securities classified as available for sale and held to maturity. The amortized cost and estimated fair values of investments are as follows: (in thousands) March 31, 2020 December 31, 2019 Gross Gross Gross Gross Amortized Unrealized Unrealized Estimated Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value Cost Gains Losses Fair Value Available for sale U.S. Government Agencies $ 79,916 $ 1,978 $ - $ 81,894 $ 66,428 $ 963 $ 79 $ 67,312 Mortgage-backed 180,509 7,315 - 187,824 139,918 2,848 142,699 Other investments 5,510 43 19 5,534 5,510 4 20 5,494 $ 265,935 $ 9,336 $ 19 $ 275,252 $ 211,856 $ 3,815 $ 166 $ 215,505 Held to maturity Corporate debentures $ 7,750 $ 117 $ 17 $ 7,850 $ 7,750 $ 147 $ - $ 7,897 Gross unrealized losses and fair value by investment category and length of time the individual securities have been in a continuous unrealized loss position at March 31, 2020 and December 31, 2019 are presented below: March 31, 2020 (in thousands) Less than 12 months 12 months or more Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Available for sale U.S. Government Agencies $ - $ - $ - $ - $ - $ - Mortgage-backed - - - - - - Other investments - - 2,990 19 2,990 19 $ - $ - $ 2,990 $ 19 $ 2,990 $ 19 Held to maturity Corporate debentures $ 2,483 $ 17 $ - $ - $ 2,483 $ 17 December 31, 2019 (in thousands) Less than 12 months 12 months or more Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Available for sale U.S. Government Agencies $ 10,689 $ 79 $ - $ - $ 10,689 $ 79 Mortgage-backed 35,512 60 975 7 36,487 67 Other investments - - 2,990 20 2,990 20 $ 46,201 $ 139 $ 3,965 $ 27 $ 50,166 $ 166 Held to maturity Corporate debentures $ - $ - $ - $ - $ - $ - The unrealized losses that existed were a result of market changes in interest rates since the original purchase. Management systematically evaluates investment securities for other-than-temporary declines in fair value on a quarterly basis. This analysis requires management to consider various factors, which include the (1) duration and magnitude of the decline in value, (2) financial condition of the issuer or issuers and (3) structure of the security. The Company had four securities in the portfolio with unrealized losses at March 31, 2020 compared to 15 at December 31, 2019. An impairment loss is recognized in earnings if any of the following are true: (1) the Company intends to sell the debt security; (2) it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis; or (3) the Company does not expect to recover the entire amortized cost basis of the security. In situations where the Company intends to sell or when it is more likely than not that the Company will be required to sell the security, the entire impairment loss must be recognized in earnings. In all other situations, only the portion of the impairment loss representing the credit loss must be recognized in earnings, with the remaining portion being recognized in stockholders’ equity as a component of other comprehensive income, net of deferred tax. The amortized cost and estimated fair values of investment securities by contractual maturity are shown below: (in thousands) March 31, 2020 December 31, 2019 Amortized Estimated Fair Amortized Estimated Fair Cost Value Cost Value Amounts maturing: One year or less $ 1,498 $ 1,506 $ 1,497 $ 1,500 After one through five years 49,152 50,633 49,166 50,048 After five through ten years 38,793 39,752 33,576 33,915 After ten years 184,242 191,211 135,367 137,939 $ 273,685 $ 283,102 $ 219,606 $ 223,402 At March 31, 2020 and December 31, 2019, $10.9 million and $11.6 million in fair value of securities, respectively, were pledged as collateral for both repurchase agreements and deposits of local government entities that require pledged collateral as a condition of maintaining these deposit accounts. No single issuer of securities, except for government agency and mortgage backed securities, had outstanding balances that exceeded ten percent of stockholders’ equity at March 31, 2020.

Loans and Leases

Loans and Leases	3 Months Ended
	Mar. 31, 2020
Loans and Leases
Loans and Leases	Note 4: Loans and Leases The Company makes loans and leases to customers primarily in the Greater Baltimore Metropolitan Area and surrounding communities. A substantial portion of the Company’s loan portfolio consists of loans to businesses secured by real estate and/or other business assets. The loan portfolio segment balances at March 31, 2020 and December 31, 2019 are presented in the following table: March 31, 2020 December 31, 2019 % of % of (in thousands) Total Total Total Total Real estate Construction and land $ 130,980 7.4 % $ 128,285 7.3 % Residential - first lien 428,788 24.4 437,409 25.1 Residential - junior lien 71,045 4.0 74,164 4.2 Total residential real estate 499,833 28.4 511,573 29.3 Commercial - owner occupied 248,918 14.1 241,795 13.9 Commercial - non-owner occupied 447,889 25.5 444,052 25.4 Total commercial real estate 696,807 39.6 685,847 39.3 Total real estate loans 1,327,620 75.4 1,325,705 75.9 Commercial loans and leases 1 389,065 22.1 372,872 21.4 Consumer 44,734 2.5 46,936 2.7 Total loans and leases $ 1,761,419 100.0 % $ 1,745,513 100.0 % 1 Includes leases of $5,637 and $6,382 at March 31, 2020 and December 31, 2019, respectively. Net loan origination fees, which are included in the amounts above, totaled $1.3 million at both March 31, 2020 and December 31, 2019. Acquired Credit Impaired Loans The following table documents changes in the accretable discount on acquired credit impaired loans at the beginning and end of March 31, 2020 and 2019: March 31, (in thousands) 2020 2019 Balance at beginning of period $ 689 $ 877 Impaired loans acquired - - Accretion of fair value discounts (16) (42) Balance at end of period $ 673 $ 835 The table below presents the outstanding balances and related carrying amounts for all acquired credit impaired loans at the end of the respective periods: Contractually Required Payments Carrying (in thousands) Receivable Amount At March 31, 2020 $ 10,195 $ 8,111 At December 31, 2019 10,929 8,706

Credit Quality Assessment

Credit Quality Assessment	3 Months Ended
	Mar. 31, 2020
Credit Quality Assessment
Credit Quality Assessment	Note 5: Credit Quality Assessment Allowance for Credit Losses Summary information on the allowance for credit loss activity for the period indicated is presented in the following table: March 31, (in thousands) 2020 2019 Beginning balance $ 10,401 $ 9,873 Charge-offs (583) (2,854) Recoveries 121 10 Net charge-offs (462) (2,844) Provision for credit losses 3,445 1,725 Ending balance $ 13,384 $ 8,754 The March 31, 2020 allowance reflects the Company’s initial assessment of the impact of COVID-19 on the national and local economies and the impact on various categories of our loan portfolio. Management’s approach to COVID-19 and the evaluation of the allowance considered the following: (1) any change in historical loss rates resulting from COVID-19; (2) any risk rating downgrades related to COVID-19; and (3) any changes to collateral valuations or cash flow assumptions for impaired loans. Based on this review, the Company determined that there were no initial impacts to any of these factors at March 31, 2020. The Company then reviewed our qualitative factors and identified three factors that warranted further evaluation: · Changes in international, national, regional, and local economic and business conditions and developments that affect the collectibility of the portfolio, including the condition of various market segments; · The existence and effect of any concentrations of credit, and changes in the level of such concentrations; and · Changes in the value of underlying collateral for collateral-dependent loans. The Company’s evaluation of changes in international, national, regional, and local economic and business conditions and developments that affect the collectability of the portfolio, including the condition of various market segments, considered the abrupt slowdown in commercial economic activity resulting from actions announced by the State of Maryland between the March 5 disclosure of the first confirmed cases of COVID-19 in the state and the March 23 executive order closing all non-essential businesses in the state. In addition, management considered the dramatic rise in the unemployment rate in the Company’s market area. Based on U.S. Department of Labor weekly initial unemployment claims by state, management noted that the average weekly initial unemployment claims for the State of Maryland during the two weeks ending March 28, 2020 were 19 times higher than the average weekly claims for the first eleven weeks of 2020. An increase in this qualitative factor was applied to all loan portfolio categories. The Company also evaluated the existence and effect of any concentrations of credit, and changes in the level of such concentrations. Management performed an analysis of the loan portfolio to identify the Company’s exposure to industry segments that management believes may potentially be the most highly impacted by COVID-19. Based on this evaluation, the following table identifies those industry segments within the Company’s loan portfolio that management believes may potentially be most highly impacted by COVID-19. Loan balances and total credit exposures are as of March 31, 2020 while the modification and Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loan balances are as of April 24, 2020. As % of As % of Loan Balance As % of SBA PPP As % of (in millions) Loan Total Total Total with Loan Loan Loan Loan Category Balance Loans Exposure (1) Exposure Modifications Category Balance Category CRE - retail $ 109.8 6.2 % $ 112.0 5.3 % $ 21.5 19.6 % $ - - % Hotels 61.5 3.5 67.0 3.2 53.5 87.0 0.9 1.5 CRE - residential rental 50.3 2.9 51.4 2.4 10.9 21.7 - - Nursing and residential care 39.8 2.3 46.3 2.2 - - 1.8 4.5 Retail trade 26.3 1.5 37.3 1.8 1.1 4.2 6.3 24.0 Restaurants and caterers 26.1 1.5 29.0 1.4 19.5 74.7 8.9 34.1 Religious and similar organizations 27.6 1.6 28.6 1.4 2.9 10.5 2.7 9.8 Arts, entertainment, and recreation 16.2 0.9 18.5 0.9 14.5 89.5 1.3 8.0 Total - selected categories $ 357.6 20.3 % $ 390.1 18.6 % $ 123.9 34.6 % $ 21.9 6.1 % (1) includes unused lines of credit and unfunded commitments The potentially highly impacted loan exposures noted in the above tables (the “high impacts”) were concentrated in non-owner-occupied commercial real estate (59% of total high impacts), owner-occupied commercial real estate (18% of total high impacts), commercial construction (14% of total high impacts), and commercial loans (9% of total high impacts). An increase in this qualitative factor was applied to these high impact loan portfolio categories. The Company’s evaluation of potential changes in the value of underlying collateral for collateral-dependent loans considered the potential impact of the economic fallout from COVID-19 on commercial property values due to rent relief and possible business failures resulting in vacancies. In addition, the need for office space may diminish in the future as work from home policies have allowed much office-oriented business activity to continue. Excluding the high impact portfolios, management concluded that 53% of the Company’s non-owner-occupied commercial real estate portfolio was not included in the high impact exposure. An increase in this qualitative factor was applied to the Company’s non-owner-occupied commercial real estate portfolio. The following table provides information on the activity in the allowance for credit losses by the respective loan portfolio segment for the three months ended March 31, 2020 and the year ended December 31, 2019: March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Allowance for credit losses: Beginning balance $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 2,103 $ 552 $ 10,401 Charge-offs - (33) - - - (549) (1) (583) Recoveries - 3 51 - - 66 1 121 Provision for credit losses (64) (22) 334 466 1,162 1,330 239 3,445 Ending balance $ 1,192 $ 2,204 $ 863 $ 1,254 $ 4,130 $ 2,950 $ 791 $ 13,384 Allowance allocated to: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - collectively evaluated for impairment $ 1,192 $ 2,204 $ 863 $ 1,254 $ 4,130 $ 2,950 $ 791 $ 13,384 Loans and leases: Ending balance $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 individually evaluated for impairment $ 478 $ 12,470 $ 832 $ 477 $ 1,777 $ 1,092 $ 102 $ 17,228 collectively evaluated for impairment $ 130,502 $ 416,318 $ 70,213 $ 248,441 $ 446,112 $ 387,973 $ 44,632 $ 1,744,191 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Allowance for credit losses: Beginning balance $ 741 $ 1,170 $ 292 $ 735 $ 4,057 $ 2,644 $ 234 $ 9,873 Charge-offs (282) (518) (532) (46) (2,026) (622) (210) (4,236) Recoveries 80 - 115 - 17 357 2 571 Provision for credit losses 717 1,604 603 99 920 (276) 526 4,193 Ending balance $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 2,103 $ 552 $ 10,401 Allowance allocated to: individually evaluated for impairment $ - $ - $ - $ - $ - $ 500 $ - $ 500 collectively evaluated for impairment $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 1,603 $ 552 9,901 Loans and leases: Ending balance $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513 individually evaluated for impairment $ 481 $ 13,131 $ 786 $ 566 $ 1,725 $ 2,360 $ 127 $ 19,176 collectively evaluated for impairment $ 127,804 $ 424,278 $ 73,378 $ 241,229 $ 442,327 $ 370,512 $ 46,809 $ 1,726,337 When potential losses are identified, a specific provision and/or charge-off may be taken, based on the then current likelihood of repayment, that is at least in the amount of the collateral deficiency, and any potential collection costs, as determined by the independent third party appraisal. Loans that are considered impaired are subject to the completion of an impairment analysis. This analysis highlights any potential collateral deficiencies. A specific amount of impairment is established based on the Bank’s calculation of the probable loss inherent in the individual loan. The actual occurrence and severity of losses involving impaired credits can differ substantially from estimates. Credit risk profile by portfolio segment based upon internally assigned risk assignments are presented below: March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Credit quality indicators: Not classified $ 130,502 $ 416,318 $ 70,213 $ 248,441 $ 446,054 $ 387,973 $ 44,632 $ 1,744,133 Special mention - - - - - - - - Substandard 478 12,470 832 477 1,835 1,092 102 17,286 Doubtful - - - - - - - - Total $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Credit quality indicators: Not classified $ 127,804 $ 425,247 $ 73,378 $ 241,229 $ 442,327 $ 370,837 $ 46,809 $ 1,727,631 Special mention - - - - - - - - Substandard 481 12,162 786 566 1,725 2,035 127 17,882 Doubtful - - - - - - - - Total $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513 · Special Mention - A Special Mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institution’s credit position at some future date. Special Mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. · Substandard - Substandard loans and leases are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. · Doubtful - Loans and leases classified Doubtful have all the weaknesses inherent in those classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. Loans and leases classified Special Mention, Substandard, Doubtful or Loss are reviewed at least quarterly to determine their appropriate classification. All commercial loan and lease relationships are reviewed annually. Non-classified residential mortgage loans and consumer loans are not evaluated unless a specific event occurs to raise the awareness of a possible credit deterioration. An aged analysis of past due loans are as follows: March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Analysis of past due loans and leases: Accruing loans and leases current $ 130,502 $ 409,466 $ 68,545 $ 248,103 $ 445,290 $ 387,097 $ 44,596 $ 1,733,599 Accruing loans and leases past due: 30‑59 days past due - 6,844 1,083 - 628 619 28 9,202 60‑89 days past due - - 525 - - 649 7 1,181 Greater than 90 days past due - 973 60 338 194 - 1 1,566 Total past due - 7,817 1,668 338 822 1,268 36 11,949 Non-accrual loans and leases 1 478 11,505 832 477 1,777 700 102 15,871 Total loans and leases $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Analysis of past due loans and leases: Accruing loans and leases current $ 127,804 $ 418,668 $ 71,634 $ 241,062 $ 442,132 $ 370,877 $ 46,776 $ 1,718,953 Accruing loans and leases past due: 30‑59 days past due - 3,312 748 - 195 35 19 4,309 60‑89 days past due - 3,220 996 167 - - 14 4,397 Greater than 90 days past due - 47 - - - - - 47 Total past due - 6,579 1,744 167 195 35 33 8,753 Non-accrual loans and leases 1 481 12,162 786 566 1,725 1,960 127 17,807 Total loans and leases $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513 1 Included are acquired credit impaired loans where the Company amortizes the accretable discount into interest income, however these loans do not accrue interest based on the terms of the loan. Total loans either in non-accrual status or in excess of 90 days delinquent totaled $17.4 million or 1.0% of total loans outstanding at March 31, 2020, which represents a decrease from $17.9 million, or 1.0%, at December 31, 2019. The Company had no impaired leases at March 31, 2020 and December 31, 2019. The impaired loans at March 31, 2020 and December 31, 2019 are as follows: March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Impaired loans: Recorded investment 1 $ 478 $ 12,470 $ 832 $ 477 $ 1,777 $ 1,092 $ 102 $ 17,228 With an allowance recorded - - - - - - - - With no related allowance recorded 478 12,470 832 477 1,777 1,092 102 17,228 Related allowance - - - - - - - - Unpaid principal 663 13,723 1,030 474 2,081 1,646 105 19,722 Average balance of impaired loans 793 14,999 1,208 478 2,106 2,039 105 21,728 Interest income recognized 1 138 8 - 3 12 - 162 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Impaired loans: Recorded investment 1 $ 481 $ 13,131 $ 786 $ 566 $ 1,725 $ 2,360 $ 127 $ 19,176 With an allowance recorded - - - - - 554 - 554 With no related allowance recorded 481 13,131 786 566 1,725 1,806 127 18,622 Related allowance - - - - - 500 - 500 Unpaid principal 667 14,371 986 583 2,023 3,584 130 22,344 Average balance of impaired loans 814 15,586 1,338 594 2,105 4,392 141 24,970 Interest income recognized 5 400 106 30 11 195 1 748 1 Included are acquired credit impaired loans where the Company amortizes the accretable discount into interest income, however these loans do not accrue interest based on the terms of the loan. Included in the total impaired loans above were non-accrual loans of $15.9 million and $17.8 million at March 31, 2020 and December 31, 2019, respectively. Interest income that would have been recorded if non-accrual loans had been current and in accordance with their original terms was $133 thousand and $388 thousand for the three months ended March 31, 2020 and 2019, respectively. Loans may have their terms restructured (e.g., interest rates, loan maturity date, payment and amortization period, etc.) in circumstances that provide payment relief to a borrower experiencing financial difficulty. Such restructured loans are considered impaired loans that may either be in accruing status or non-accruing status. Non-accruing restructured loans may return to accruing status provided there is a sufficient period of payment performance in accordance with the restructure terms. Loans may be removed from the restructured category in the year subsequent to the restructuring if they have performed based on all of the restructured loan terms. The Company had no troubled debt restructured (“TDR”) leases at March 31, 2020 and December 31, 2019. The TDR loans at March 31, 2020 and December 31, 2019 are as follows: March 31, 2020 Number Non-Accrual Number Accrual Total (dollars in thousands) of Loans Status of Loans Status TDRs Construction and land 1 $ 124 - $ - $ 124 Residential real estate - first lien 2 269 2 965 1,234 Commercial loans and leases 1 414 2 367 781 4 $ 807 4 $ 1,332 $ 2,139 December 31, 2019 Number Non-Accrual Number Accrual Total (dollars in thousands) of Loans Status of Loans Status TDRs Construction and land 1 $ 125 - $ - $ 125 Residential real estate - first lien 2 274 2 968 1,242 Commercial loans and leases 1 414 2 367 781 4 $ 813 4 $ 1,335 $ 2,148 A summary of TDR modifications outstanding and performing under modified terms is as follows: March 31, 2020 Not Performing Performing Related to Modified to Modified Total (in thousands) Allowance Terms Terms TDRs Construction and land Extension or other modification $ - $ 124 $ - $ 124 Residential real estate - first lien Extension or other modification - 269 965 1,234 Commercial loans Extension or other modification - - 367 367 Forbearance - 414 - 414 Total troubled debt restructured loans $ - $ 807 $ 1,332 $ 2,139 December 31, 2019 Not Performing Performing Related to Modified to Modified Total (in thousands) Allowance Terms Terms TDRs Construction and land Extension or other modification $ - $ 125 $ - $ 125 Residential real estate - first lien Extension or other modification - 274 968 1,242 Commercial loans Extension or other modification - - 367 367 Forbearance - 414 - 414 Total troubled debt restructured loans $ - $ 813 $ 1,335 $ 2,148 On March 22, 2020, federal banking regulators issued an interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed in working with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. The Company provided COVID-19 related loan modifications to both commercial and retail customers, on a case by case basis, in the form of payment deferrals for periods up to six months. As of March 31, 2020, a total of $101 million of loans (or 5.7% of the loan portfolio) had been modified through payment deferrals. There were no new loans restructured during the three months ended March 31, 2020 and March 31, 2019. Performing TDRs were in compliance with their modified terms and there are no further commitments associated with these loans. During the three months ended March 31, 2020 and 2019 there were no TDRs that subsequently defaulted within twelve months of their modification dates. Management routinely evaluates other real estate owned (“OREO”) based upon periodic appraisals. For the three months ended March 31, 2020 the Bank recorded a $21 thousand valuation allowance on one unimproved parcel of land because the current appraised value (based on a new appraisal), less estimated cost to sell, was lower than the recorded carrying value of the OREO. For the three months ended March 31, 2020 and 2019 there were no new loans transferred from loans to OREO. The Company sold several properties held as OREO during the three months ended March 31, 2020, reducing OREO by $755 thousand and resulting in a loss of $28 thousand. There were no sales of OREO during the three months ended March 31, 2019. At March 31, 2020 there were two loans secured by residential first liens totaling $2.4 million in the process of foreclosure.

Derivatives and Hedging Activit

Derivatives and Hedging Activities	3 Months Ended
	Mar. 31, 2020
Derivatives and Hedging Activities
Derivatives and Hedging Activities	Note 6: Derivatives and Hedging Activities Non-designated Hedges of Interest Rate Risk The Company maintains interest rate swap contracts with customers that are classified as non-designated hedges and are not speculative in nature. These agreements are designed to convert customer’s variable rate loans with the Company to fixed rate. These interest rate swaps are executed with loan customers to facilitate a respective risk management strategy and allow the customer to pay a fixed rate interest to the Company. These interest rate swaps are simultaneously hedged by executing offsetting interest rate swaps with unrelated market counterparties to minimize the net risk exposure to the Company resulting from the transactions and allow the Company to receive a variable rate interest. The interest rate swaps pay and receive interest based on a floating rate based on one month LIBOR plus credit spread with payment being calculated on the notional amount. The interest rate swaps are settled with varying maturities. As the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The fair value of the interest swap derivatives are recorded in other assets and other liabilities. All changes in fair value are recorded through earnings as noninterest income. For the three months ended March 31, 2020 and March 31, 2019, the Company recorded a net loss of $8 thousand and $2 thousand, respectively related to the change in fair value of these interest rate swap derivatives. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheet at March 31, 2020 and December 31, 2019: March 31, 2020 Balance Sheet Notional Estimated Fair Value (dollars in thousands) Location Amount Gain Loss Not designated hedges of interest rate risk: Customer related interest rate contracts: Matched interest rate swaps with borrowers Other assets and other liabilities $ 2,800 $ 415 $ - Matched interest rate swaps with counterparty Other assets and other liabilities $ 2,800 $ - $ 419 December 31, 2019 Balance Sheet Notional Estimated Fair Value (dollars in thousands) Location Amount Gain Loss Not designated hedges of interest rate risk: Customer related interest rate contracts: Matched interest rate swaps with borrowers Other assets and other liabilities $ 2,853 $ 217 $ - Matched interest rate swaps with counterparty Other assets and other liabilities $ 2,853 $ - $ 228

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2020
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets	Note 7: Goodwill and Other Intangible Assets Goodwill has an indefinite useful life and is evaluated for impairment annually or more frequently if events and circumstances indicate that the asset would more-likely-than-not reduce the fair value below the carrying amount. The Bank has one reporting unit, which is the core banking operation. The table below shows goodwill balances at: March 31, December 31, (in thousands) 2020 2019 Goodwill Banking $ 65,949 $ 65,949 Core deposit intangibles represent the estimated value of long-term deposit relationships acquired in either business combinations or other purchases of deposits and are amortized based upon the estimated economic benefits received. The gross carrying amount and accumulated amortization of other intangible assets are as follows: March 31, 2020 Weighted Gross Net Average Carrying Accumulated Carrying Remaining Life (in thousands) Amount Amortization Amount (Years) Amortizing intangible assets: Core deposit intangible $ 16,135 $ 8,365 $ 7,770 3.5 December 31, 2019 Weighted Gross Net Average Carrying Accumulated Carrying Remaining Life (in thousands) Amount Amortization Amount (Years) Amortizing intangible assets: Core deposit intangible $ 16,135 $ 7,666 $ 8,469 3.7 Estimated future amortization expense for amortizing intangibles are as follows: (in thousands) 2020 $ 1,975 2021 2,326 2022 1,915 2023 1,298 2024 256 Total amortizing intangible assets $ 7,770

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases
Leases	Note 8: Leases The Company has operating leases on land and buildings with remaining lease terms ranging from 2020 to 2030. Many of the leases include renewal options, with renewal terms generally extending up to 10 years. In 2019, with the execution of the Company’s branch optimization initiative, under which the closing of three branch locations and the consolidation of two other existing branch locations was announced, a $3.6 million charge to noninterest expenses, primarily related to the early termination of existing lease arrangements for the closing locations, was recorded in the second quarter of 2019. The closing of the three locations occurred in the third quarter of 2019, and the consolidation of the two branch locations into a single new location occurred in the first quarter of 2020. The early termination of these leases reduced the initial $18.0 million in ROU assets recorded on January 1, 2019 to $14.5 million at December 31, 2019. In the first quarter of 2020, the opening of the new location noted above increased ROU assets by $2.0 million. Operating leases included the following at: (in thousands) March 31, 2020 December 31, 2019 Operating Leases Operating leases ROU assets $ 15,674 $ 14,092 Operating lease liabilities $ 16,134 $ 14,507 The components of lease expense were as follows: March 31, (in thousands) 2020 2019 Operating lease cost $ 364 $ 550 Sublease income (168) (185) Amortization of ROU assets 45 - $ 241 $ 365 Lease liability maturities are as follows: (in thousands) 2020 $ 1,285 2021 1,662 2022 1,520 2023 1,372 2024 1,170 Thereafter 13,033 Total future lease payments $ 20,042 Discount of cash flows (3,908) Present value on net future lease payments $ 16,134 Weighted average remaining term in years 6.64 Weighted average discount rate 2.89 %

Deposits

Deposits	3 Months Ended
	Mar. 31, 2020
Deposits
Deposits	Note 9: Deposits The following table details the composition of deposits and the related percentage mix of total deposits, respectively, at the dates indicated: (dollars in thousands) March 31, 2020 December 31, 2019 % of % of Amount Total Amount Total Noninterest-bearing demand $ 483,499 27 % $ 468,975 27 % Interest-bearing checking 173,739 10 183,447 11 Money market accounts 356,469 20 360,711 21 Savings 134,060 7 130,141 7 Certificates of deposit $250 and over 66,713 4 77,782 5 Certificates of deposit under $250 574,419 32 493,309 29 Total deposits $ 1,788,899 100 % $ 1,714,365 100 %

Stock Options and Stock Awards

Stock Options and Stock Awards	3 Months Ended
	Mar. 31, 2020
Stock Options and Stock Awards
Stock Options and Stock Awards	Note 10: Stock Options and Stock Awards The Company’s equity incentive plan provides for awards of nonqualified and incentive stock options as well as vested and non-vested common stock awards. As of March 31, 2020, 456,263 shares are reserved for issuance pursuant to future grants under the Company’s stock incentive plan. Employee stock options can be granted with exercise prices at the fair market value (as defined within the plan) of the stock at the date of grant and with terms of up to ten years and typically vest over a three to five year period. Except as otherwise permitted in the plan, upon termination of employment for reasons other than retirement, permanent disability or death, the option exercise period is reduced or the options are canceled. Stock awards may also be granted to non-employee members of the Company’s board of directors (the “Board of Directors” or “Board”) as compensation for attendance and participation at meetings of the Board of Directors and meetings of the various committees of the Board. For the three months ended March 31, 2020 and 2019, the Company issued 8,151 and 4,802 shares of common stock, respectively, to directors as compensation for their service. Stock Options The fair value of the Company’s stock options granted as compensation is estimated on the measurement date, which, for the Company, is the date of grant. The fair value of stock options is calculated using the Black-Scholes option-pricing model under which the Company estimates expected market price volatility and expected term of the options based on historical data and other factors. There were no stock options granted during the three months ended March 31, 2020, while there were 25,000 options granted for the year ended December 31, 2019. The following table summarizes the Company’s stock option activity and related information for the periods ended: March 31, 2020 December 31, 2019 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Balance at January 1, 25,000 $ 14.54 15,268 $ 8.76 Granted - - 25,000 14.54 Exercised - - (13,418) 8.58 Forfeited - - (1,850) 10.10 Balance at period end 25,000 $ 14.54 25,000 $ 14.54 Exercisable at period end 8,337 $ - - $ - Weighted average fair value of options granted during the year N/A $ 5.83 No stock options were exercised for the three months ended March 31, 2020. The cash received from the exercise of stock options was $77 thousand for the three months ended March 31, 2019. The intrinsic value of a stock option is the amount that the market value of the underlying stock exceeds the exercise price of the option. Based upon a fair market value of $10.86 at March 31, 2020, the options outstanding had no aggregate intrinsic value. At March 31, 2019, based upon a fair market value of $14.81, the options outstanding had an aggregate intrinsic value of $77 thousand. At March 31, 2020, based on stock options outstanding at the time, the total unrecognized pre-tax compensation expense related to unvested options was $89 thousand. Restricted Stock Units (“RSU”) RSUs are equity awards where the recipient does not receive the stock immediately, but instead receives it according to a vesting plan and distribution schedule after achieving required performance milestones or upon remaining with the employer for a particular length of time. Each RSU that vests entitles the recipient to receive one share of the Company’s common stock on a specified issuance date. The recipient does not have any stockholder rights, including voting, dividend or liquidation rights, with respect to the shares underlying awarded RSUs until the recipient becomes the record holder of those shares. The valuation of the Company’s RSUs is the closing price per share of the Company’s common stock on the date of grant. The Company granted 100,000 RSUs during the first quarter of 2020, subject to a five-year vesting schedule. The Company granted 18,500 RSUs during the first quarter of 2019, subject to a three-year vesting schedule. A summary of the activity for the Company’s RSUs for the periods indicated is presented in the following table: March 31, 2020 December 31, 2019 Weighted Weighted Average Average Grant Date Grant Date Shares Fair Value Shares Fair Value Balance at January 1, 11,032 $ 17.48 9,731 $ 17.29 Granted 100,000 18.00 26,500 15.16 Vested - (6,699) 16.13 Forfeited - (18,500) 14.54 Balance at period end 111,032 $ 17.95 11,032 $ 17.48 At March 31, 2020, based on RSUs outstanding at that time, the total unrecognized pre-tax compensation expense related to unvested RSUs was $1.9 million. Based upon the contractual terms, this expense is expected to be recognized as follows: (in thousands) 2020 $ 314 2021 404 2022 397 2023 360 2024 360 2025 30 $ 1,865 Stock-Based Compensation Expense Stock-based compensation expense attributable to stock options and RSUs is based on their fair values on the measurement date, which, for the Company, is the date of the grant. This cost is then recognized in noninterest expense on a straight-line basis over the vesting period of the respective stock options and RSUs. The amount that the Company recognized in stock-based compensation expense related to the issuance of stock options and RSUs as well as director compensation paid in stock is presented in the following table: Three months ended March 31, (in thousands) 2020 2019 Stock-based compensation expense Related to the issuance of restricted stock and RSUs $ 91 $ 42 Related to the issuance of stock options 12 8 Director compensation paid in stock 137 62 Total stock-based compensation expense $ 240 $

Benefit Plans

Benefit Plans	3 Months Ended
	Mar. 31, 2020
Benefit Plans
Benefit Plans	Note 11: Benefit Plans Profit Sharing Plan The Company sponsors a defined contribution retirement plan through a Section 401(k) profit sharing plan. Employees may contribute up to 15% of their pretax compensation. Participants are eligible for matching Company contributions up to 4% of eligible compensation dependent on the level of voluntary contributions. Company matching contributions totaled $301 thousand and $277 thousand, respectively, for the three months ended March 31, 2020 and 2019. The Company’s matching contributions vest immediately. Supplemental Executive Retirement Plan (“SERP”) In 2014, the Bank created a SERP for the Chief Executive Officer ("CEO"). This plan was amended in 2016. Under the defined benefit SERP, the CEO will receive $150,000 each year for 15 years after attainment of the Normal Retirement Age (as defined in the SERP). The CEO earned vesting on a graduated schedule and she became fully vested on August 25, 2019, which had been established for purposes of the SERP as the commencement date for SERP distributions. Expense related to this SERP totaled $19 thousand and $53 thousand for the three month periods ending March 31, 2020 and 2019, respectively. Employee Stock Purchase Plan The 2017 Employee Stock Purchase Plan (the “Plan”) provides eligible employees of the Company and certain of its subsidiaries with opportunities to purchase shares of the Company’s common stock. An aggregate of 250,000 shares of the Company’s common stock was approved for issuance under the Plan. The Plan is intended to qualify as an “employee stock purchase plan” as defined in Section 423 of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, and shall be interpreted consistent therewith. There was no expense related to this plan for the three month periods ended March 31, 2020 or 2019.

Income per Common Share

Income per Common Share	3 Months Ended
	Mar. 31, 2020
Income per Common Share
Income per Common Share	Note 12: Income per Common Share The table below shows the presentation of basic and diluted income per common share for the periods indicated: Three months ended March 31, (dollars in thousands, except per share data) 2020 2019 Net income available to common stockholders (numerator) $ 3,343 $ 4,256 BASIC Basic average common shares outstanding (denominator) 18,867,087 19,052,694 Basic income per common share $ 0.18 $ 0.22 DILUTED Average common shares outstanding 18,867,087 19,052,694 Dilutive effect of common stock equivalents 47,864 14,097 Diluted average common shares outstanding (denominator) 18,914,951 19,066,791 Diluted income per common share $ 0.18 $ 0.22 Common stock equivalents outstanding that are anti-dilutive and thus excluded from calculation of diluted number of shares presented above - 25,000

Regulatory Capital

Regulatory Capital	3 Months Ended
	Mar. 31, 2020
Regulatory Capital
Regulatory Capital	Note 13: Regulatory Capital The following table reflects Bancorp’s and the Bank’s capital at March 31, 2020 and December 31, 2019: To be well capitalized under the FDICIA For capital prompt corrective Actual adequacy purposes (1) action provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2020: Total capital (to risk-weighted assets) Howard Bank $ 245,246 13.06 % $ 150,208 8.00 % $ 187,760 10.00 % Howard Bancorp $ 247,926 13.16 % $ 150,670 8.00 % N/A Common equity tier 1 capital (to risk-weighted assets) Howard Bank $ 231,862 12.35 % $ 84,492 4.50 % $ 122,044 6.50 % Howard Bancorp $ 206,253 10.95 % $ 84,752 4.50 % N/A Tier 1 capital (to risk-weighted assets) Howard Bank $ 231,862 12.35 % $ 112,656 6.00 % $ 150,208 8.00 % Howard Bancorp $ 206,253 10.95 % $ 113,003 6.00 % N/A Tier 1 capital (to average assets) (Leverage ratio) Howard Bank $ 231,862 10.25 % $ 90,473 4.00 % $ 113,092 5.00 % Howard Bancorp $ 206,253 9.10 % $ 90,707 4.00 % N/A As of December 31, 2019: Total capital (to risk-weighted assets) Howard Bank $ 238,384 12.86 % $ 148,314 8.00 % $ 185,392 10.00 % Howard Bancorp $ 247,761 13.14 % $ 150,872 8.00 % N/A Common equity tier 1 capital (to risk-weighted assets) Howard Bank $ 227,983 12.30 % $ 83,427 4.50 % $ 120,505 6.50 % Howard Bancorp $ 209,119 11.09 % $ 84,866 4.50 % N/A Tier 1 capital (to risk-weighted assets) Howard Bank $ 227,983 12.30 % $ 111,235 6.00 % $ 148,314 8.00 % Howard Bancorp $ 209,119 11.09 % $ 113,154 6.00 % N/A Tier 1 capital (to average assets) (Leverage ratio) Howard Bank $ 227,983 10.43 % $ 87,434 4.00 % $ 109,293 5.00 % Howard Bancorp $ 209,119 9.55 % $ 87,599 4.00 % N/A (1) Amounts shown exclude the capital conservation buffer of 2.50%. Under the Federal Reserve’s Small Bank Holding Company Policy Statement, Bancorp is not subject to the minimum capital adequacy and capital conservation buffer capital requirements at the holding company level, unless otherwise advised by the FRB (such capital requirements are applicable only at the Bank level). Although the minimum regulatory capital requirements are not applicable to Bancorp, the Company calculates these ratios for its own planning and monitoring purposes. Bancorp and the Bank met all capital adequacy requirements to which they are subject as of March 31, 2020 and December 31, 2019.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2020
Fair Value
Fair Value	Note 14: Fair Value FASB ASC Topic 820 “Fair Value Measurements” defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC Topic 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The Company utilizes fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. Securities available for sale are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as loans held for investment and certain other assets. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Under FASB ASC Topic 820, the Company groups assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine the fair value. These hierarchy levels are: Level 1: Valuations for assets and liabilities traded in active exchange markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2: Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities which use observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in active markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Recurring Fair Value Measurements All classes of investment securities available for sale are recorded at fair value using an industry-wide valuation service and therefore fall into a Level 2 of the fair value hierarchy. The service uses evaluated pricing models that vary based on asset class and include available trade, bid and other market information. Various methodologies include broker quotes, proprietary models, descriptive terms and conditions databases, and quality control programs. Fair value of loans held for sale is based upon outstanding investor commitments or, in the absence of such commitments, based on current investor yield requirements or third party pricing models and are considered Level 2. Gains and losses on loan sales are determined using specific identification method. Changes in fair value are recognized in the Consolidated Statement of Operations as part of realized and unrealized gain on mortgage banking activities. Interest rate lock commitments are recorded at fair value determined as the amount that would be required to settle each of these derivatives at the balance sheet date. In the normal course of business, the Company enters into contractual interest rate lock commitments to extend credit to borrowers with fixed expiration dates. The commitment becomes effective when the borrowers lock in a specified interest rate within the time frames established by the mortgage division. All borrowers are evaluated for credit worthiness prior to the extension of the commitment. Market risk arises if interest rates move adversely between the time interest rate is locked by the borrower and the sale date of the loan to an investor. To mitigate this interest rate risk inherent in providing rate lock commitments to borrowers, the Company enters into best effort forward sales contracts to sell loans to investors. The forward sales contracts lock in an interest rate price for the sale of loans similar to the specific rate lock commitment. Rate lock commitments to the borrowers through the date the loan closes are undesignated derivatives and accordingly, are marked to fair value in earnings. These valuations fall into a Level 3 of the fair value hierarchy. The rate lock commitments are deemed as Level 3 inputs because the Company applies an estimated pull-through rate, which is deemed an unobservable measure. For loans held for investment that were originally intended to be sold and previously included as loans held for sale, fair value is determined by discounting estimated cash flows using current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis at March 31, 2020 and December 31, 2019. March 31, 2020 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Assets Available for sale securities: U.S. Government agencies $ 81,894 $ - $ 81,894 $ - Mortgage-backed securities 187,824 - 187,824 - Other investments 5,534 - 5,534 - Loans held for sale 3,795 - 3,795 - Loans held for investment 958 - 958 - Rate lock commitments - - - - Interest rate swap assets 415 - 415 - Liabilities Interest rate swap liabilities 419 - 419 - December 31, 2019 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Assets Available for sale securities: U.S. Government agencies $ 67,312 $ - $ 67,312 $ - Mortgage-backed securities 142,699 - 142,699 - Other investments 5,494 - 5,494 - Loans held for sale 30,710 - 30,710 - Loans held for investment 997 - 997 - Rate lock commitments 60 - - 60 Interest rate swap assets 217 - 217 - Liabilities Interest rate swap liabilities 228 - 228 - The following table presents a reconciliation of the assets that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the periods presented: March 31, December 31, (in thousands) 2020 2019 Balance, beginning of period $ 60 $ 126 Privately held equity investment - - Net losses included in realized and unrealized gains on mortgage banking activity in noninterest income (60) (66) Balance, end of period $ - $ 60 Assets under fair value option: March 31, 2020 Carrying Aggregate Fair Value Unpaid (in thousands) Amount Principal Difference Loans held for sale $ 3,795 $ 3,759 $ 36 Loans held for investment 958 950 8 December 31, 2019 Carrying Aggregate Fair Value Unpaid (in thousands) Amount Principal Difference Loans held for sale $ 30,710 $ 29,969 $ 741 Loans held for investment 997 966 31 The Company elected to measure the loans held for sale and the loans held for investment that were originally intended for sale, but instead were added to the Bank’s portfolio at fair value, to better align reported results with the underlying economic changes in value of the loans on the Company’s balance sheet. Non-recurring Fair Value Measurements Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management's best estimate is used. Impaired loans are evaluated and valued at the time the loan is identified as impaired, at the lower of cost or market value. Market value is measured based on the value of the collateral securing these loans and is classified at a Level 3 in the fair value hierarchy. Collateral may be real estate and/or business assets including equipment, inventory and/or accounts receivable. The value of real estate collateral is determined based on appraisal by qualified licensed appraisers hired by the Company. The value of business equipment, inventory and accounts receivable collateral is based on the net book value on the business' financial statements and, if necessary, discounted based on management's review and analysis. Appraised and reported values may be discounted based on management's historical knowledge, changes in market conditions from the time of valuation, and/or management's expertise and knowledge of the client and client's business. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors identified above. Other real estate owned acquired through, or in lieu of, foreclosure are held for sale and are initially recorded at fair value, less selling costs. Any write-downs to fair value at the time of transfer to OREO are charged to the allowance for credit losses. Values are derived from appraisals of underlying collateral and discounted cash flow analysis. A valuation loss of $21 thousand was recognized for the three months ended March 31, 2020 and no valuation loss was recorded for the same period on 2019. This charge was for declines in the value of OREO subsequent to foreclosure. OREO is classified within Level 3 of the hierarchy. Net (loss)/gain included in earnings from the changes in fair value of loans held for sale was $(257) thousand and $72 thousand at March 31, 2020 and 2019, respectively. There was a net gains included in earnings from the changes in fair value of loans held for investment of $8 thousand for the first quarter of 2020 and $56 thousand for the first quarter of 2019. The following table sets forth the Company’s financial assets and liabilities that were accounted for or disclosed at fair value on a nonrecurring basis at March 31, 2020 and December 31, 2019: March 31, 2020 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Other real estate owned $ 2,322 $ - $ - $ 2,322 Impaired loans: Construction and land 478 - - 478 Residential - first lien 12,470 - - 12,470 Residential - junior lien 832 - - 832 Commercial - owner occupied 477 - - 477 Commercial - non-owner occupied 1,777 - - 1,777 Commercial loans and leases 1,092 - - 1,092 Consumer 102 - - 102 Total impaired loans 17,228 - - 17,228 December 31, 2019 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Other real estate owned $ 3,098 $ - $ - $ 3,098 Impaired loans: Construction and land 481 - - 481 Residential - first lien 13,131 - - 13,131 Residential - junior lien 786 - - 786 Commercial - owner occupied 566 - - 566 Commercial - non-owner occupied 1,725 - - 1,725 Commercial loans and leases 1,860 - - 1,860 Consumer 127 - - 127 Total impaired loans 18,676 - - 18,676 At March 31, 2020, OREO consisted of an outstanding balance of $3.5 million, less a valuation allowance of $1.2 million. At December 31, 2019, OREO consisted of an outstanding balance of $4.6 million, less a valuation allowance of $1.5 million. A specific allocation of the allowance for credit losses attributable to impaired loans at December 31, 2019 was $500 thousand. Various techniques are used to value OREO and impaired loans. All loans for which the underlying collateral is real estate, either construction, land, commercial, or residential, an independent appraisal is used to identify the value of the collateral. The approaches within the appraisal report include sales comparison, income, and replacement cost analysis. The resulting value will be adjusted by a selling cost of 9.5% and the residual value will be used to determine if there is an impairment. Commercial loans and leases and consumer loans utilize a liquidation approach to the impairment analysis. The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are based on quoted market prices where available or calculated using present value techniques. Since quoted market prices are not available on many of our financial instruments, estimates may be based on the present value of estimated future cash flows and estimated discount rates. The following table presents the estimated fair value of the Company’s financial instruments at the dates indicated: March 31, 2020 Quoted Price in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets Inputs Inputs (in thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Available for sale securities $ 275,252 $ 275,252 $ - $ 275,252 $ - Held to maturity securities 7,750 7,850 - - 7,850 Nonmarketable equity securities 16,757 16,757 - 16,757 - Loans held for sale 3,795 3,795 - 3,795 - Loans held for investment 958 958 - 958 - Loans and leases 1 1,747,077 1,755,134 - - 1,755,134 Interest rate swap 415 415 - 415 - Financial Liabilities Deposits 1,788,899 1,787,004 - 1,787,004 - Customer repos and fed funds purchased 5,321 5,321 - 5,321 - FHLB advances 344,000 351,560 - 351,560 - Subordinated debt 28,290 28,290 - 28,290 - Interest rate swap 419 419 - 419 - December 31, 2019 Quoted Price in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets Inputs Inputs (in thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Available for sale securities $ 215,505 $ 215,505 $ - $ 215,505 $ - Held to maturity securities 7,750 7,897 - - 7,897 Nonmarketable equity securities 14,152 14,152 - 14,152 - Loans held for sale 30,710 30,710 - 30,710 - Loans held for investment 997 997 - 997 - Rate lock commitments 60 60 - - 60 Loans and leases 1 1,734,115 1,735,013 - - 1,735,013 Interest rate swap 217 217 - 217 - Financial Liabilities Deposits 1,714,365 1,713,081 - 1,713,081 - Customer repos and fed funds purchased 6,127 6,127 - 6,127 - FHLB advances 285,000 288,731 - 288,731 - Subordinated debt 28,241 28,241 - 28,241 - Interest rate swap 228 228 - 228 - (1) Carrying amount is net of unearned income and allowance for loan and lease losses. In accordance with the prospective adoption of ASU No. 2016-01, the fair value of loans were measured using an exit price notion at periods presented.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Summary of Significant Accounting Policies
Nature of Operations	Nature of Operations Howard Bancorp, Inc. (“Bancorp” or the “Company”) was incorporated in April 2005 under the laws of the State of Maryland. On December 15, 2005, Bancorp acquired all of the stock of Howard Bank (the “Bank”) pursuant to the Plan of Reorganization approved by the stockholders of the Bank and by federal and state regulatory agencies. Each share of the Bank’s common stock was converted into two shares of Bancorp common stock effected by the filing of Articles of Exchange on that date, and the stockholders of the Bank became the stockholders of Bancorp. Bancorp is now a bank holding company registered under the Bank Holding Company Act of 1956, with a single bank subsidiary, Howard Bank, which operates as a state trust company with commercial banking powers regulated by the Maryland Office of the Commissioner of Financial Regulation (the “Commissioner”). The Bank has nine subsidiaries—six were formed to hold foreclosed real estate (three of which are currently inactive), two own and manage real estate used for corporate purposes, and one holds historic tax credit investments. The Company is a diversified financial services company providing commercial banking and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2019 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 16, 2020. There have been no significant changes to the Company’s accounting policies as disclosed in the 2019 Annual Report on Form 10-K. The following is a description of the Company’s significant accounting policies.
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for financial information.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Bancorp, the Bank and the Bank’s subsidiaries. All significant intercompany accounts and transactions have been eliminated. The parent company only financial statements report investments in the Bank under the equity method.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near-term relate to the determination of the allowance for credit losses, goodwill, deferred tax assets, other-than-temporary impairment of investment securities and the fair value of loans held for sale.
Allowance for Credit Losses	Allowance for Credit Losses The allowance for credit losses is maintained at a level believed adequate by management to absorb probable losses inherent in the loan and lease portfolio and is based on the size and current risk characteristics of the loan and lease portfolio, an assessment of individual problem loans and leases, actual loss experience, current economic events in specific industries and geographic areas including unemployment levels and other pertinent factors including general economic conditions. Determination of the allowance is inherently subjective as it requires significant estimates, including the amounts and timing of expected future cash flows on impaired loans and leases, estimated losses on pools of homogenous loans and leases based on historical loss experience and consideration of economic trends, all of which may be susceptible to significant change. Credit losses are charged off against the allowance, while recoveries of amounts previously charged off are credited to the allowance. A provision for credit losses is charged to operations based on management’s periodic evaluation of the factors previously mentioned, as well as other pertinent factors. Evaluations are conducted at least quarterly and more often if deemed necessary. The allowance for credit losses consists of a specific component and a nonspecific component. The components of the allowance for credit losses represent an estimation done pursuant to either the Financial Accounting Standards Board’s (the “FASB”) Accounting Standards Codification (“ASC”) Topic 450 Contingencies or ASC Topic 310 Receivables . The specific component of the allowance for credit losses reflects expected losses resulting from analysis developed through credit allocations for individual loans and leases. The credit allocations are based on a regular analysis of all loans and leases over a fixed-dollar amount where the internal credit rating is at or below a predetermined classification. The specific component of the allowance for credit losses also includes management’s determination of the amounts necessary given concentrations and changes in portfolio mix and volume. The nonspecific portion of the allowance is determined based on management’s assessment of general economic conditions, as well as economic factors in the individual markets in which the Company operates including the strength and timing of economic cycles and concerns over the effects of a prolonged economic downturn in the current cycle. This determination inherently involves a higher risk of uncertainty and considers current risk factors that may not have yet manifested themselves in the Bank’s historical loss factors used to determine the nonspecific component of the allowance, and it recognizes knowledge of the portfolio may be incomplete. The Bank’s historic loss factors are based upon actual losses incurred by portfolio segment over the preceding 24-month period. In portfolio segments where no actual losses have been incurred within the most recent 24-month period, industry loss data for that portfolio segment, as provided by the Federal Deposit Insurance Corporation (“FDIC”), are utilized. In addition to historic loss factors, the Bank’s methodology for the allowance for credit losses incorporates other risk factors that may be inherent within the portfolio segments. For each portfolio segment, in addition to the historic loss experience, the qualitative factors that are measured and monitored in the overall determination of the allowance include: · changes in lending policies, procedures, and practices; · changes in international, national, state and local economic and business conditions and developments that affect the collectibility of the portfolio, including the condition of various market segments; · changes in the nature and volume of the loan portfolio; · changes in the experience, ability and depth of the lending staff; · changes in the volume and severity of past due, nonaccrual, and adversely classified loans; · changes in the quality of our loan review system; · changes in the value of underlying collateral for collateral-dependent loans; · the existence of any concentrations of credit, and changes in the level of such concentrations; · the effect of other external factors such as competition and legal and regulatory requirements; and · any other factors that management considers relevant to the quality or performance of the loan portfolio. Each of these qualitative risk factors is measured based upon data generated either internally, or in the case of economic conditions utilizing independently provided data on items such as unemployment rates, commercial real estate vacancy rates, or other market data deemed relevant to the business conditions within the markets served. The Company’s loan and lease policies state that after all collection efforts have been exhausted, and the loan or lease is deemed to be a loss, then the remaining loan or lease balance will be charged to the Company’s established allowance for credit losses. All loans and leases are evaluated for loss potential once it has been determined by the Watch Committee that the likelihood of repayment is in doubt. When a loan is past due for at least 90 days or a deterioration in debt service coverage ratio, guarantor liquidity, or loan-to-value ratio has occurred that would cause concern regarding the likelihood of the full repayment of principal and interest, and the loan or lease is deemed not to be well secured, the loan or lease would be moved to non-accrual status and a specific reserve is established if the net realizable value is less than the principal value of the loan balance(s). Once the actual loss value has been determined, a charge-off against the allowance for credit losses for the amount of the loss is taken. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss.
Acquired Loans	Acquired Loans Acquired loans are recorded at fair value at the date of acquisition, and accordingly, no allowance for loan losses is transferred to the acquiring entity under the acquisition method. The fair values of loans with evidence of credit deterioration (acquired credit impaired loans) are initially recorded at fair value, but thereafter accounted for differently than purchased, non-credit-impaired loans. For acquired credit impaired loans, the excess of all cash flows estimated to be collectable at the date of acquisition over the initial investment in the acquired credit impaired loan is recognized as interest income, using a level-yield basis over the life of the loan. This amount is referred to as the accretable yield. The acquired credit impaired loan’s contractually-required payments receivable estimated to be in excess of the amount of its future cash flows expected at the date of acquisition is referred to as the non-accretable difference, and is not reflected as an adjustment to the yield, but in the form of a loss accrual or a valuation allowance. Subsequent to the acquisition date, management continues to monitor cash flows on a quarterly basis, to determine the performance of each acquired credit impaired loan in comparison to management’s initial performance expectations. Subsequent decreases in the present value of expected cash flows will be recorded as an increase in the allowance for credit losses through a provision for loan losses. Subsequent significant increases in cash flows result in a reversal of the provision for loan losses to the extent of prior provisions or a reclassification of amount from non-accretable difference to accretable yield, with a positive impact on the accretion of interest income in future periods.
Goodwill, Other Intangible Assets and Long-Lived Assets	Goodwill, Other Intangible Assets and Long-Lived Assets Goodwill represents the excess of the purchase price over the sum of the estimated fair values of tangible and identifiable intangible assets acquired less the estimated fair value of the liabilities assumed. Core deposit intangibles represent the estimated value of long-term deposit relationships acquired in a business combination. The core deposit intangible is amortized over the estimated useful lives of the long-term deposits acquired, and the remaining amounts of the core deposit intangible are periodically reviewed for impairment. Goodwill has an indefinite useful life and is evaluated for impairment annually or more frequently if events and circumstances indicate that the asset might be impaired. Long-lived assets are those that provide the Company with a future economic benefit beyond the current year or operating period. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset is greater than the fair value of the asset. Assets to be disposed of are reported at the lower of the cost or the fair value, less costs to sell. An impairment analysis is performed annually. Management has determined that the Company has one reporting unit, and based upon the annual impairment analysis, it was determined that there was not an impairment of the carrying value of either the goodwill, core deposit intangible or other long-lived assets for 2019.
Income Taxes	Income Taxes The Company uses the asset/liability method of accounting for income taxes. Under the asset/liability method, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities (i.e., temporary differences) and are measured at the enacted rates that will be in effect when these differences reverse. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. In addition, deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or the entire deferred tax asset will not be realized. The Company does not have uncertain tax positions that are deemed material, and did not recognize any adjustments for unrecognized tax benefits. The Company’s policy is to recognize interest and penalties on income taxes in other noninterest expenses. The Company remains subject to examination by federal and state taxing authorities for income tax returns for the years ending after December 31, 2014.
Share-Based Compensation	Share-Based Compensation Compensation cost is recognized for stock options and restricted stock issued to directors and employees. Compensation cost is measured as the fair value of these awards on their date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. The market price of the Company’s common stock at the date of grant is used for restricted stock awards, which include restricted stock units. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. When an award is granted to an employee who is retirement eligible, the compensation cost of these awards is recognized over the period up to when the director or employee first becomes eligible to retire. Compensation expense for non-vested common stock awards is based on the fair value of the awards, which is generally the market price of the common stock on the measurement date, which, for the Company, is the date of grant, and is recognized ratably over the service period of the award.
Reclassifications	Reclassifications Certain reclassifications to prior financial presentation were made to conform to the 2020 presentation. These reclassifications did not affect previously reported net income or total stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The FASB has issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform, on financial reporting. The risk of termination of the London Interbank Offered Rate (LIBOR), has caused regulators to undertake reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based that are less susceptible to manipulation. The FASB has issued ASU 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842). This ASU amends the effective date of the credit loss standard (ASU 2016-13) for smaller reporting companies, as defined by the SEC. The one-time determination of whether an entity is eligible to be a smaller reporting company is based on an entity’s most recent determination as of November 15, 2019, in accordance with SEC regulations. The Company met this definition of smaller reporting company based on its most recent determination as of November 15, 2019. As a result, the effective date of this ASU for the Company has been amended from fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, to fiscal years beginning after December 31, 2022, and interim periods within those fiscal years. In addition, this ASU amended the mandatory effective date for the elimination of Step 2 from the goodwill impairment test (ASU 2017-04 discussed below). As a smaller reporting company, the effective date of the goodwill impairment standard for the Company has been amended from fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, to fiscal years beginning after December 31, 2022, and interim periods within those fiscal years. The FASB has issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The amendments in this Update simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The Company should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Impairment charges should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value, however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The impairment charge is limited to the amount of goodwill allocated to that reporting unit. As discussed above, this ASU, as amended by ASU 2019-10, will be effective for the Company on January 1, 2023. The Company will evaluate the guidance in this Update but does not expect it to have a significant impact on the Company’s financial position or results of operations. The FASB has issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326). The main objective of this update 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 guidance in this Update replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. As discussed above, this ASU, as amended by ASU 2019-10, will be effective for the Company on January 1, 2023. The Company has engaged a third party vendor and is currently gathering historical data and reviewing the methodologies and assumptions utilized to determine the impact of this update on the Company’s Consolidated Financial Statements.
Risks and Uncertainties	COVID-19 Risks and Uncertainties In December 2019, a novel strain of coronavirus (COVID-19) was reported to have surfaced in China, and has since spread to a number of other countries, including the United States. In March 2020, the World Health Organization declared COVID-19 a global pandemic and the United States declared a National Public Health Emergency. The COVID-19 pandemic has severely restricted the level of economic activity in the Company’s markets. In response to the COVID-19 pandemic, the State of Maryland and most other states have taken preventative or protective actions, such as imposing restrictions on travel and business operations, advising or requiring individuals to limit or forego their time outside of their homes, and ordering temporary closures of businesses that have been deemed to be non-essential. While the Company’s business has been designated an essential business, which allows the Bank to continue to serve its customers, the Company serves many customers that have been deemed, or who are employed by businesses that have been deemed, to be non-essential. And many of the Company’s customers that have been categorized to date as essential businesses, or who are employed by businesses that have been categorized as essential businesses, have been adversely affected by the COVID-19 pandemic. The impact of the COVID-19 pandemic is fluid and continues to evolve. The COVID-19 pandemic and its associated impacts on trade (including supply chains and export levels), travel, employee productivity, unemployment, consumer spending, and other economic activities has resulted in less economic activity, lower equity market valuations and significant volatility and disruption in financial markets, and has had an adverse effect on the Company’s business and results of operations. In addition, due to the COVID-19 pandemic, market interest rates have declined significantly, with the 10-year Treasury bond falling below 1.00% on March 3, 2020 for the first time. On March 3, 2020, the Federal Open Market Committee reduced the targeted federal funds interest rate range by 50 basis points to 1.00% to 1.25%. This range was further reduced to 0% to 0.25% percent on March 16, 2020. These reductions in interest rates and the other effects of the COVID-19 pandemic has had and is expected to continue to have a an adverse effect on the Company’s business and results of operations. The ultimate extent of the impact of the COVID-19 pandemic on the Company’s business, financial condition and results of operations is currently uncertain and will depend on various developments and other factors, including, among others, the duration and scope of the pandemic, as well as governmental, regulatory and private sector responses to the pandemic, and the associated impacts on the economy, financial markets and the Company’s customers, employees and vendors.

Exit of Mortgage Banking Acti_2

Exit of Mortgage Banking Activities (Tables)	3 Months Ended
	Mar. 31, 2020
Exit of Mortgage Banking Activities
Schedule of rollforward of loans held for sale, showing loans originated for sale and loans sold into the secondary market	Quarter Ended Year Ended (in thousands) March 31, 2020 December 31, 2019 Loans held for sale, January 1 $ 30,710 $ 21,261 Loans originated for sale 79,847 573,306 Loans sold into the secondary market (106,762) (563,857) Loans held for sale, at end of period $ 3,795 $ 30,710 Loans originated for the Bank's portfolio $ 11,378 $ 114,561 For the three months ended March 31, 2020 2019 Statement of Operations: Net interest income $ 143 $ 147 Realized and unrealized gains on mortgage banking activity 1,036 1,485 Loan related fees and service charges 389 460 Total noninterest income 1,425 1,945 Salaries and benefits 928 1,607 Occupancy 20 79 All other operating expenses 490 468 Total noninterest expense 1,438 2,154 Pretax contribution 130 (62) Income tax expense (benefit) 36 (17) After tax contribution $ 94 $ (45)

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Investment Securities
Schedule of available-for-sale securities and held-to-maturity	(in thousands) March 31, 2020 December 31, 2019 Gross Gross Gross Gross Amortized Unrealized Unrealized Estimated Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value Cost Gains Losses Fair Value Available for sale U.S. Government Agencies $ 79,916 $ 1,978 $ - $ 81,894 $ 66,428 $ 963 $ 79 $ 67,312 Mortgage-backed 180,509 7,315 - 187,824 139,918 2,848 142,699 Other investments 5,510 43 19 5,534 5,510 4 20 5,494 $ 265,935 $ 9,336 $ 19 $ 275,252 $ 211,856 $ 3,815 $ 166 $ 215,505 Held to maturity Corporate debentures $ 7,750 $ 117 $ 17 $ 7,850 $ 7,750 $ 147 $ - $ 7,897
Schedule of unrealized loss on investments	March 31, 2020 (in thousands) Less than 12 months 12 months or more Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Available for sale U.S. Government Agencies $ - $ - $ - $ - $ - $ - Mortgage-backed - - - - - - Other investments - - 2,990 19 2,990 19 $ - $ - $ 2,990 $ 19 $ 2,990 $ 19 Held to maturity Corporate debentures $ 2,483 $ 17 $ - $ - $ 2,483 $ 17 December 31, 2019 (in thousands) Less than 12 months 12 months or more Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Available for sale U.S. Government Agencies $ 10,689 $ 79 $ - $ - $ 10,689 $ 79 Mortgage-backed 35,512 60 975 7 36,487 67 Other investments - - 2,990 20 2,990 20 $ 46,201 $ 139 $ 3,965 $ 27 $ 50,166 $ 166 Held to maturity Corporate debentures $ - $ - $ - $ - $ - $ -
Schedule of investment securities by contractual maturity	(in thousands) March 31, 2020 December 31, 2019 Amortized Estimated Fair Amortized Estimated Fair Cost Value Cost Value Amounts maturing: One year or less $ 1,498 $ 1,506 $ 1,497 $ 1,500 After one through five years 49,152 50,633 49,166 50,048 After five through ten years 38,793 39,752 33,576 33,915 After ten years 184,242 191,211 135,367 137,939 $ 273,685 $ 283,102 $ 219,606 $ 223,402

Loans and Leases (Tables)

Loans and Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Loans and Leases
Schedule of loan portfolio segment	March 31, 2020 December 31, 2019 % of % of (in thousands) Total Total Total Total Real estate Construction and land $ 130,980 7.4 % $ 128,285 7.3 % Residential - first lien 428,788 24.4 437,409 25.1 Residential - junior lien 71,045 4.0 74,164 4.2 Total residential real estate 499,833 28.4 511,573 29.3 Commercial - owner occupied 248,918 14.1 241,795 13.9 Commercial - non-owner occupied 447,889 25.5 444,052 25.4 Total commercial real estate 696,807 39.6 685,847 39.3 Total real estate loans 1,327,620 75.4 1,325,705 75.9 Commercial loans and leases 1 389,065 22.1 372,872 21.4 Consumer 44,734 2.5 46,936 2.7 Total loans and leases $ 1,761,419 100.0 % $ 1,745,513 100.0 % 1 Includes leases of $5,637 and $6,382 at March 31, 2020 and December 31, 2019, respectively.
Schedule of acquired credit impaired loans	The following table documents changes in the accretable discount on acquired credit impaired loans at the beginning and end of March 31, 2020 and 2019: March 31, (in thousands) 2020 2019 Balance at beginning of period $ 689 $ 877 Impaired loans acquired - - Accretion of fair value discounts (16) (42) Balance at end of period $ 673 $ 835 The table below presents the outstanding balances and related carrying amounts for all acquired credit impaired loans at the end of the respective periods: Contractually Required Payments Carrying (in thousands) Receivable Amount At March 31, 2020 $ 10,195 $ 8,111 At December 31, 2019 10,929 8,706

Credit Quality Assessment (Tabl

Credit Quality Assessment (Tables)	3 Months Ended
	Mar. 31, 2020
Credit Quality Assessment
Summary on allowance for credit loss activity	March 31, (in thousands) 2020 2019 Beginning balance $ 10,401 $ 9,873 Charge-offs (583) (2,854) Recoveries 121 10 Net charge-offs (462) (2,844) Provision for credit losses 3,445 1,725 Ending balance $ 13,384 $ 8,754
Schedule of loan balance and total credit exposure	As % of As % of Loan Balance As % of SBA PPP As % of (in millions) Loan Total Total Total with Loan Loan Loan Loan Category Balance Loans Exposure (1) Exposure Modifications Category Balance Category CRE - retail $ 109.8 6.2 % $ 112.0 5.3 % $ 21.5 19.6 % $ - - % Hotels 61.5 3.5 67.0 3.2 53.5 87.0 0.9 1.5 CRE - residential rental 50.3 2.9 51.4 2.4 10.9 21.7 - - Nursing and residential care 39.8 2.3 46.3 2.2 - - 1.8 4.5 Retail trade 26.3 1.5 37.3 1.8 1.1 4.2 6.3 24.0 Restaurants and caterers 26.1 1.5 29.0 1.4 19.5 74.7 8.9 34.1 Religious and similar organizations 27.6 1.6 28.6 1.4 2.9 10.5 2.7 9.8 Arts, entertainment, and recreation 16.2 0.9 18.5 0.9 14.5 89.5 1.3 8.0 Total - selected categories $ 357.6 20.3 % $ 390.1 18.6 % $ 123.9 34.6 % $ 21.9 6.1 % (1) includes unused lines of credit and unfunded commitments
Allowance for loan and lease losses	March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Allowance for credit losses: Beginning balance $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 2,103 $ 552 $ 10,401 Charge-offs - (33) - - - (549) (1) (583) Recoveries - 3 51 - - 66 1 121 Provision for credit losses (64) (22) 334 466 1,162 1,330 239 3,445 Ending balance $ 1,192 $ 2,204 $ 863 $ 1,254 $ 4,130 $ 2,950 $ 791 $ 13,384 Allowance allocated to: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - collectively evaluated for impairment $ 1,192 $ 2,204 $ 863 $ 1,254 $ 4,130 $ 2,950 $ 791 $ 13,384 Loans and leases: Ending balance $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 individually evaluated for impairment $ 478 $ 12,470 $ 832 $ 477 $ 1,777 $ 1,092 $ 102 $ 17,228 collectively evaluated for impairment $ 130,502 $ 416,318 $ 70,213 $ 248,441 $ 446,112 $ 387,973 $ 44,632 $ 1,744,191 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Allowance for credit losses: Beginning balance $ 741 $ 1,170 $ 292 $ 735 $ 4,057 $ 2,644 $ 234 $ 9,873 Charge-offs (282) (518) (532) (46) (2,026) (622) (210) (4,236) Recoveries 80 - 115 - 17 357 2 571 Provision for credit losses 717 1,604 603 99 920 (276) 526 4,193 Ending balance $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 2,103 $ 552 $ 10,401 Allowance allocated to: individually evaluated for impairment $ - $ - $ - $ - $ - $ 500 $ - $ 500 collectively evaluated for impairment $ 1,256 $ 2,256 $ 478 $ 788 $ 2,968 $ 1,603 $ 552 9,901 Loans and leases: Ending balance $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513 individually evaluated for impairment $ 481 $ 13,131 $ 786 $ 566 $ 1,725 $ 2,360 $ 127 $ 19,176 collectively evaluated for impairment $ 127,804 $ 424,278 $ 73,378 $ 241,229 $ 442,327 $ 370,512 $ 46,809 $ 1,726,337
Schedule of credit risk profile	March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Credit quality indicators: Not classified $ 130,502 $ 416,318 $ 70,213 $ 248,441 $ 446,054 $ 387,973 $ 44,632 $ 1,744,133 Special mention - - - - - - - - Substandard 478 12,470 832 477 1,835 1,092 102 17,286 Doubtful - - - - - - - - Total $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Credit quality indicators: Not classified $ 127,804 $ 425,247 $ 73,378 $ 241,229 $ 442,327 $ 370,837 $ 46,809 $ 1,727,631 Special mention - - - - - - - - Substandard 481 12,162 786 566 1,725 2,035 127 17,882 Doubtful - - - - - - - - Total $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513
Schedule of aged analysis of past due loans	March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Analysis of past due loans and leases: Accruing loans and leases current $ 130,502 $ 409,466 $ 68,545 $ 248,103 $ 445,290 $ 387,097 $ 44,596 $ 1,733,599 Accruing loans and leases past due: 30‑59 days past due - 6,844 1,083 - 628 619 28 9,202 60‑89 days past due - - 525 - - 649 7 1,181 Greater than 90 days past due - 973 60 338 194 - 1 1,566 Total past due - 7,817 1,668 338 822 1,268 36 11,949 Non-accrual loans and leases 1 478 11,505 832 477 1,777 700 102 15,871 Total loans and leases $ 130,980 $ 428,788 $ 71,045 $ 248,918 $ 447,889 $ 389,065 $ 44,734 $ 1,761,419 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Analysis of past due loans and leases: Accruing loans and leases current $ 127,804 $ 418,668 $ 71,634 $ 241,062 $ 442,132 $ 370,877 $ 46,776 $ 1,718,953 Accruing loans and leases past due: 30‑59 days past due - 3,312 748 - 195 35 19 4,309 60‑89 days past due - 3,220 996 167 - - 14 4,397 Greater than 90 days past due - 47 - - - - - 47 Total past due - 6,579 1,744 167 195 35 33 8,753 Non-accrual loans and leases 1 481 12,162 786 566 1,725 1,960 127 17,807 Total loans and leases $ 128,285 $ 437,409 $ 74,164 $ 241,795 $ 444,052 $ 372,872 $ 46,936 $ 1,745,513 1 Included are acquired credit impaired loans where the Company amortizes the accretable discount into interest income, however these loans do not accrue interest based on the terms of the loan.
Schedule of impaired loans	March 31, 2020 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Impaired loans: Recorded investment 1 $ 478 $ 12,470 $ 832 $ 477 $ 1,777 $ 1,092 $ 102 $ 17,228 With an allowance recorded - - - - - - - - With no related allowance recorded 478 12,470 832 477 1,777 1,092 102 17,228 Related allowance - - - - - - - - Unpaid principal 663 13,723 1,030 474 2,081 1,646 105 19,722 Average balance of impaired loans 793 14,999 1,208 478 2,106 2,039 105 21,728 Interest income recognized 1 138 8 - 3 12 - 162 December 31, 2019 Commercial real estate Commercial Construction Residential real estate owner non-owner loans Consumer (in thousands) and land first lien junior lien occupied occupied and leases loans Total Impaired loans: Recorded investment 1 $ 481 $ 13,131 $ 786 $ 566 $ 1,725 $ 2,360 $ 127 $ 19,176 With an allowance recorded - - - - - 554 - 554 With no related allowance recorded 481 13,131 786 566 1,725 1,806 127 18,622 Related allowance - - - - - 500 - 500 Unpaid principal 667 14,371 986 583 2,023 3,584 130 22,344 Average balance of impaired loans 814 15,586 1,338 594 2,105 4,392 141 24,970 Interest income recognized 5 400 106 30 11 195 1 748 1 Included are acquired credit impaired loans where the Company amortizes the accretable discount into interest income, however these loans do not accrue interest based on the terms of the loan.
Schedule of TDRs	at March 31, 2020 and December 31, 2019 are as follows: March 31, 2020 Number Non-Accrual Number Accrual Total (dollars in thousands) of Loans Status of Loans Status TDRs Construction and land 1 $ 124 - $ - $ 124 Residential real estate - first lien 2 269 2 965 1,234 Commercial loans and leases 1 414 2 367 781 4 $ 807 4 $ 1,332 $ 2,139 December 31, 2019 Number Non-Accrual Number Accrual Total (dollars in thousands) of Loans Status of Loans Status TDRs Construction and land 1 $ 125 - $ - $ 125 Residential real estate - first lien 2 274 2 968 1,242 Commercial loans and leases 1 414 2 367 781 4 $ 813 4 $ 1,335 $ 2,148
Schedule of summary of TDR modifications	March 31, 2020 Not Performing Performing Related to Modified to Modified Total (in thousands) Allowance Terms Terms TDRs Construction and land Extension or other modification $ - $ 124 $ - $ 124 Residential real estate - first lien Extension or other modification - 269 965 1,234 Commercial loans Extension or other modification - - 367 367 Forbearance - 414 - 414 Total troubled debt restructured loans $ - $ 807 $ 1,332 $ 2,139 December 31, 2019 Not Performing Performing Related to Modified to Modified Total (in thousands) Allowance Terms Terms TDRs Construction and land Extension or other modification $ - $ 125 $ - $ 125 Residential real estate - first lien Extension or other modification - 274 968 1,242 Commercial loans Extension or other modification - - 367 367 Forbearance - 414 - 414 Total troubled debt restructured loans $ - $ 813 $ 1,335 $ 2,148 On March 22, 2020, federal banking regulators issued an interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed in working with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. The Company provided COVID-19 related loan modifications to both commercial and retail customers, on a case by case basis, in the form of payment deferrals for periods up to six months. As of March 31, 2020, a total of $101 million of loans (or 5.7% of the loan portfolio) had been modified through payment deferrals.

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2020
Derivatives and Hedging Activities
Schedule of derivative financial instruments	March 31, 2020 Balance Sheet Notional Estimated Fair Value (dollars in thousands) Location Amount Gain Loss Not designated hedges of interest rate risk: Customer related interest rate contracts: Matched interest rate swaps with borrowers Other assets and other liabilities $ 2,800 $ 415 $ - Matched interest rate swaps with counterparty Other assets and other liabilities $ 2,800 $ - $ 419 December 31, 2019 Balance Sheet Notional Estimated Fair Value (dollars in thousands) Location Amount Gain Loss Not designated hedges of interest rate risk: Customer related interest rate contracts: Matched interest rate swaps with borrowers Other assets and other liabilities $ 2,853 $ 217 $ - Matched interest rate swaps with counterparty Other assets and other liabilities $ 2,853 $ - $ 228

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Other Intangible Assets
Schedule of goodwill	The table below shows goodwill balances at: March 31, December 31, (in thousands) 2020 2019 Goodwill Banking $ 65,949 $ 65,949
Schedule of gross carrying amount and accumulated amortization of other intangible assets	March 31, 2020 Weighted Gross Net Average Carrying Accumulated Carrying Remaining Life (in thousands) Amount Amortization Amount (Years) Amortizing intangible assets: Core deposit intangible $ 16,135 $ 8,365 $ 7,770 3.5 December 31, 2019 Weighted Gross Net Average Carrying Accumulated Carrying Remaining Life (in thousands) Amount Amortization Amount (Years) Amortizing intangible assets: Core deposit intangible $ 16,135 $ 7,666 $ 8,469 3.7
Schedule of estimated future amortization expense	Estimated future amortization expense for amortizing intangibles are as follows: (in thousands) 2020 $ 1,975 2021 2,326 2022 1,915 2023 1,298 2024 256 Total amortizing intangible assets $ 7,770

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases
Schedule of operating leases	Operating leases included the following at: (in thousands) March 31, 2020 December 31, 2019 Operating Leases Operating leases ROU assets $ 15,674 $ 14,092 Operating lease liabilities $ 16,134 $ 14,507
Schedule of components of lease expense	The components of lease expense were as follows: March 31, (in thousands) 2020 2019 Operating lease cost $ 364 $ 550 Sublease income (168) (185) Amortization of ROU assets 45 - $ 241 $ 365
Schedule of lease liability maturities	Lease liability maturities are as follows: (in thousands) 2020 $ 1,285 2021 1,662 2022 1,520 2023 1,372 2024 1,170 Thereafter 13,033 Total future lease payments $ 20,042 Discount of cash flows (3,908) Present value on net future lease payments $ 16,134 Weighted average remaining term in years 6.64 Weighted average discount rate 2.89 %

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2020
Deposits
Schedule of deposits	(dollars in thousands) March 31, 2020 December 31, 2019 % of % of Amount Total Amount Total Noninterest-bearing demand $ 483,499 27 % $ 468,975 27 % Interest-bearing checking 173,739 10 183,447 11 Money market accounts 356,469 20 360,711 21 Savings 134,060 7 130,141 7 Certificates of deposit $250 and over 66,713 4 77,782 5 Certificates of deposit under $250 574,419 32 493,309 29 Total deposits $ 1,788,899 100 % $ 1,714,365 100 %

Stock Options and Stock Awards

Stock Options and Stock Awards (Tables)	3 Months Ended
	Mar. 31, 2020
Stock Options and Stock Awards
Schedule of stock options, activity	March 31, 2020 December 31, 2019 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Balance at January 1, 25,000 $ 14.54 15,268 $ 8.76 Granted - - 25,000 14.54 Exercised - - (13,418) 8.58 Forfeited - - (1,850) 10.10 Balance at period end 25,000 $ 14.54 25,000 $ 14.54 Exercisable at period end 8,337 $ - - $ - Weighted average fair value of options granted during the year N/A $ 5.83
Schedule of restricted stock and stock units activity	A summary of the activity for the Company’s RSUs for the periods indicated is presented in the following table: March 31, 2020 December 31, 2019 Weighted Weighted Average Average Grant Date Grant Date Shares Fair Value Shares Fair Value Balance at January 1, 11,032 $ 17.48 9,731 $ 17.29 Granted 100,000 18.00 26,500 15.16 Vested - (6,699) 16.13 Forfeited - (18,500) 14.54 Balance at period end 111,032 $ 17.95 11,032 $ 17.48
Schedule of unrecognized pre-tax compensation expense	At March 31, 2020, based on RSUs outstanding at that time, the total unrecognized pre-tax compensation expense related to unvested RSUs was $1.9 million. Based upon the contractual terms, this expense is expected to be recognized as follows: (in thousands) 2020 $ 314 2021 404 2022 397 2023 360 2024 360 2025 30 $ 1,865
Stock-based compensation expense	Three months ended March 31, (in thousands) 2020 2019 Stock-based compensation expense Related to the issuance of restricted stock and RSUs $ 91 $ 42 Related to the issuance of stock options 12 8 Director compensation paid in stock 137 62 Total stock-based compensation expense $ 240 $

Income per Common Share (Tables

Income per Common Share (Tables)	3 Months Ended
	Mar. 31, 2020
Income per Common Share
Schedule of basic and diluted income (loss) per common share	Three months ended March 31, (dollars in thousands, except per share data) 2020 2019 Net income available to common stockholders (numerator) $ 3,343 $ 4,256 BASIC Basic average common shares outstanding (denominator) 18,867,087 19,052,694 Basic income per common share $ 0.18 $ 0.22 DILUTED Average common shares outstanding 18,867,087 19,052,694 Dilutive effect of common stock equivalents 47,864 14,097 Diluted average common shares outstanding (denominator) 18,914,951 19,066,791 Diluted income per common share $ 0.18 $ 0.22 Common stock equivalents outstanding that are anti-dilutive and thus excluded from calculation of diluted number of shares presented above - 25,000

Regulatory Capital (Tables)

Regulatory Capital (Tables)	3 Months Ended
	Mar. 31, 2020
Regulatory Capital
Schedule of Bancorp's and the Bank's capital	To be well capitalized under the FDICIA For capital prompt corrective Actual adequacy purposes (1) action provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2020: Total capital (to risk-weighted assets) Howard Bank $ 245,246 13.06 % $ 150,208 8.00 % $ 187,760 10.00 % Howard Bancorp $ 247,926 13.16 % $ 150,670 8.00 % N/A Common equity tier 1 capital (to risk-weighted assets) Howard Bank $ 231,862 12.35 % $ 84,492 4.50 % $ 122,044 6.50 % Howard Bancorp $ 206,253 10.95 % $ 84,752 4.50 % N/A Tier 1 capital (to risk-weighted assets) Howard Bank $ 231,862 12.35 % $ 112,656 6.00 % $ 150,208 8.00 % Howard Bancorp $ 206,253 10.95 % $ 113,003 6.00 % N/A Tier 1 capital (to average assets) (Leverage ratio) Howard Bank $ 231,862 10.25 % $ 90,473 4.00 % $ 113,092 5.00 % Howard Bancorp $ 206,253 9.10 % $ 90,707 4.00 % N/A As of December 31, 2019: Total capital (to risk-weighted assets) Howard Bank $ 238,384 12.86 % $ 148,314 8.00 % $ 185,392 10.00 % Howard Bancorp $ 247,761 13.14 % $ 150,872 8.00 % N/A Common equity tier 1 capital (to risk-weighted assets) Howard Bank $ 227,983 12.30 % $ 83,427 4.50 % $ 120,505 6.50 % Howard Bancorp $ 209,119 11.09 % $ 84,866 4.50 % N/A Tier 1 capital (to risk-weighted assets) Howard Bank $ 227,983 12.30 % $ 111,235 6.00 % $ 148,314 8.00 % Howard Bancorp $ 209,119 11.09 % $ 113,154 6.00 % N/A Tier 1 capital (to average assets) (Leverage ratio) Howard Bank $ 227,983 10.43 % $ 87,434 4.00 % $ 109,293 5.00 % Howard Bancorp $ 209,119 9.55 % $ 87,599 4.00 % N/A (1) Amounts shown exclude the capital conservation buffer of 2.50%. Under the Federal Reserve’s Small Bank Holding Company Policy Statement, Bancorp is not subject to the minimum capital adequacy and capital conservation buffer capital requirements at the holding company level, unless otherwise advised by the FRB (such capital requirements are applicable only at the Bank level). Although the minimum regulatory capital requirements are not applicable to Bancorp, the Company calculates these ratios for its own planning and monitoring purposes.

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value
Schedule of financial assets and liabilities that were accounted for at fair value on a recurring basis	March 31, 2020 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Assets Available for sale securities: U.S. Government agencies $ 81,894 $ - $ 81,894 $ - Mortgage-backed securities 187,824 - 187,824 - Other investments 5,534 - 5,534 - Loans held for sale 3,795 - 3,795 - Loans held for investment 958 - 958 - Rate lock commitments - - - - Interest rate swap assets 415 - 415 - Liabilities Interest rate swap liabilities 419 - 419 - December 31, 2019 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Assets Available for sale securities: U.S. Government agencies $ 67,312 $ - $ 67,312 $ - Mortgage-backed securities 142,699 - 142,699 - Other investments 5,494 - 5,494 - Loans held for sale 30,710 - 30,710 - Loans held for investment 997 - 997 - Rate lock commitments 60 - - 60 Interest rate swap assets 217 - 217 - Liabilities Interest rate swap liabilities 228 - 228 -
Schedule of reconciliation of the assets that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3)	March 31, December 31, (in thousands) 2020 2019 Balance, beginning of period $ 60 $ 126 Privately held equity investment - - Net losses included in realized and unrealized gains on mortgage banking activity in noninterest income (60) (66) Balance, end of period $ - $ 60
Schedule of assets under fair value option	March 31, 2020 Carrying Aggregate Fair Value Unpaid (in thousands) Amount Principal Difference Loans held for sale $ 3,795 $ 3,759 $ 36 Loans held for investment 958 950 8 December 31, 2019 Carrying Aggregate Fair Value Unpaid (in thousands) Amount Principal Difference Loans held for sale $ 30,710 $ 29,969 $ 741 Loans held for investment 997 966 31
Schedule of impaired loans measured on a nonrecurring basis	March 31, 2020 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Other real estate owned $ 2,322 $ - $ - $ 2,322 Impaired loans: Construction and land 478 - - 478 Residential - first lien 12,470 - - 12,470 Residential - junior lien 832 - - 832 Commercial - owner occupied 477 - - 477 Commercial - non-owner occupied 1,777 - - 1,777 Commercial loans and leases 1,092 - - 1,092 Consumer 102 - - 102 Total impaired loans 17,228 - - 17,228 December 31, 2019 Quoted Price in Significant Active Markets Other Significant Carrying for Identical Observable Unobservable Value Assets Inputs Inputs (in thousands) (Fair Value) (Level 1) (Level 2) (Level 3) Other real estate owned $ 3,098 $ - $ - $ 3,098 Impaired loans: Construction and land 481 - - 481 Residential - first lien 13,131 - - 13,131 Residential - junior lien 786 - - 786 Commercial - owner occupied 566 - - 566 Commercial - non-owner occupied 1,725 - - 1,725 Commercial loans and leases 1,860 - - 1,860 Consumer 127 - - 127 Total impaired loans 18,676 - - 18,676
Schedule of estimated fair value of the Company's financial instruments	March 31, 2020 Quoted Price in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets Inputs Inputs (in thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Available for sale securities $ 275,252 $ 275,252 $ - $ 275,252 $ - Held to maturity securities 7,750 7,850 - - 7,850 Nonmarketable equity securities 16,757 16,757 - 16,757 - Loans held for sale 3,795 3,795 - 3,795 - Loans held for investment 958 958 - 958 - Loans and leases 1 1,747,077 1,755,134 - - 1,755,134 Interest rate swap 415 415 - 415 - Financial Liabilities Deposits 1,788,899 1,787,004 - 1,787,004 - Customer repos and fed funds purchased 5,321 5,321 - 5,321 - FHLB advances 344,000 351,560 - 351,560 - Subordinated debt 28,290 28,290 - 28,290 - Interest rate swap 419 419 - 419 - December 31, 2019 Quoted Price in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets Inputs Inputs (in thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Available for sale securities $ 215,505 $ 215,505 $ - $ 215,505 $ - Held to maturity securities 7,750 7,897 - - 7,897 Nonmarketable equity securities 14,152 14,152 - 14,152 - Loans held for sale 30,710 30,710 - 30,710 - Loans held for investment 997 997 - 997 - Rate lock commitments 60 60 - - 60 Loans and leases 1 1,734,115 1,735,013 - - 1,735,013 Interest rate swap 217 217 - 217 - Financial Liabilities Deposits 1,714,365 1,713,081 - 1,713,081 - Customer repos and fed funds purchased 6,127 6,127 - 6,127 - FHLB advances 285,000 288,731 - 288,731 - Subordinated debt 28,241 28,241 - 28,241 - Interest rate swap 228 228 - 228 - (1) Carrying amount is net of unearned income and allowance for loan and lease losses. In accordance with the prospective adoption of ASU No. 2016-01, the fair value of loans were measured using an exit price notion at periods presented.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	Mar. 03, 2020	Mar. 16, 2020	Dec. 15, 2005subsidiaryshares
Howard Bank
Summary of Significant Accounting Policies [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Share | shares			2
Number of subsidiaries			9
Number of subsidiaries to hold foreclosed real estate			6
Number of inactive subsidiaries			3
Number of subsidiaries own and manage real estate used for corporate purposes			2
Number of subsidiaries holds historic tax credit investments			1
10-year Treasury bond | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Interest rate	1.00%
Federal Open Market Committee
Summary of Significant Accounting Policies [Line Items]
Interest rate range	0.50%
Federal Open Market Committee | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Interest rate	1.25%	0.25%
Federal Open Market Committee | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Interest rate	1.00%	0.00%

Exit of Mortgage Banking Acti_3

Exit of Mortgage Banking Activities (Details) - Mortgage Banking Activities	Dec. 18, 2019USD ($)	Mar. 31, 2020USD ($)employee	Dec. 31, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loans held for sale, January 1		$ 30,710,000		$ 21,261,000	$ 21,261,000
Loans originated for sale		79,847,000			573,306,000
Loans sold into the secondary market		(106,762,000)			(563,857,000)
Loans held for sale, December 31		3,795,000	$ 30,710,000		30,710,000
Loans originated for the Bank's portfolio		11,378,000	114,561,000		$ 114,561,000
Statement of Operations:
Net interest income		143,000		147,000
Realized and unrealized gains on mortgage banking activity		1,036,000		1,485,000
Loan related fees and service charges		389,000		460,000
Total noninterest income		1,425,000		1,945,000
Salaries and benefits		928,000		1,607,000
Occupancy		20,000		79,000
All other operating expenses		490,000		468,000
Total noninterest expense		1,438,000		2,154,000
Pretax contribution		130,000		(62,000)
Income tax expense (benefit)		36,000		(17,000)
After tax contribution		$ 94,000		$ (45,000)
Discontinued operations held for sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposal of business	$ 750,000
Transition period	45 days
Statement of Operations:
Number of employees | employee		91
Severance Costs		$ 0
Exit costs associated with change in control and retention agreements			$ 288,000
Exit costs associated with lease terminations		$ 0

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Available for sale
Amortized Cost	$ 265,935	$ 211,856
Gross Unrealized Gains	9,336	3,815
Gross Unrealized Losses	19	166
Estimated Fair Value	275,252	215,505
Held to maturity
Amortized Cost	7,750	7,750
Estimated Fair Value	7,850	7,897
Other Investments [Member]
Available for sale
Amortized Cost	5,510	5,510
Gross Unrealized Gains	43	4
Gross Unrealized Losses	19	20
Estimated Fair Value	5,534	5,494
US Government Agencies [Member]
Available for sale
Amortized Cost	79,916	66,428
Gross Unrealized Gains	1,978	963
Gross Unrealized Losses		79
Estimated Fair Value	81,894	67,312
Collateralized Mortgage Backed Securities [Member]
Available for sale
Amortized Cost	180,509	139,918
Gross Unrealized Gains	7,315	2,848
Gross Unrealized Losses		67
Estimated Fair Value	187,824	142,699
Corporate Debt Securities [Member]
Held to maturity
Amortized Cost	7,750	7,750
Gross Unrealized Gains	117	147
Gross Unrealized Losses	17
Estimated Fair Value	$ 7,850	$ 7,897

Investment Securities - Unreali

Investment Securities - Unrealized Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Available for sale
Individual securities, Less than 12 months, Fair Value	$ 0	$ 46,201
Individual securities, Less than 12 months, Gross Unrealized Losses	0	139
Individual securities, 12 months or more, Fair Value	2,990	3,965
Individual securities, 12 months or more, Gross Unrealized Losses	19	27
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value, Total	2,990	50,166
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss, Total	19	166
US Government Agencies [Member]
Available for sale
Individual securities, Less than 12 months, Fair Value	0	10,689
Individual securities, Less than 12 months, Gross Unrealized Losses	0	79
Individual securities, 12 months or more, Fair Value	0	0
Individual securities, 12 months or more, Gross Unrealized Losses	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value, Total	0	10,689
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss, Total	0	79
Collateralized Mortgage Backed Securities [Member]
Available for sale
Individual securities, Less than 12 months, Fair Value	0	35,512
Individual securities, Less than 12 months, Gross Unrealized Losses	0	60
Individual securities, 12 months or more, Fair Value	0	975
Individual securities, 12 months or more, Gross Unrealized Losses	0	7
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value, Total	0	36,487
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss, Total	0	67
Corporate Debt Securities [Member]
Held to maturity
Individual securities, Less than 12 months, Fair Value	2,483	0
Individual securities, Less than 12 months, Gross Unrealized Losses	17	0
Individual securities, 12 months or more, Fair Value	0	0
Individual securities, 12 months or more, Gross Unrealized Losses	0
Individual securities, total, Fair Value	2,483	0
Individual securities, total, Gross Unrealized Losses	17	0
Other Investments [Member]
Available for sale
Individual securities, Less than 12 months, Fair Value	0	0
Individual securities, Less than 12 months, Gross Unrealized Losses	0	0
Individual securities, 12 months or more, Fair Value	2,990	2,990
Individual securities, 12 months or more, Gross Unrealized Losses	19	20
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value, Total	2,990	2,990
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss, Total	$ 19	$ 20

Investment Securities - Contrac

Investment Securities - Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investment Securities
One year or less, Amortized Cost	$ 1,498	$ 1,497
After one through five years, Amortized Cost	49,152	49,166
After five through ten years, Amortized Cost	38,793	33,576
After ten years, Amortized Cost	184,242	135,367
Amortized Cost	273,685	219,606
One year or less, Estimated Fair Value	1,506	1,500
After one through five years, Estimated Fair Value	50,633	50,048
After five through ten years, Estimated Fair Value	39,752	33,915
After ten years, Estimated Fair Value	191,211	137,939
Estimated Fair Value	$ 283,102	$ 223,402

Investment Securities - Additio

Investment Securities - Additional Information (Details) $ in Millions	Mar. 31, 2020USD ($)security	Dec. 31, 2019USD ($)security
Investment Securities
Number of securities with unrealized losses | security	4	15
Pledged Assets Separately Reported, Securities Pledged as Collateral, at Fair Value | $	$ 10.9	$ 11.6

Loans and Leases - Loan Portfol

Loans and Leases - Loan Portfolio Segment (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 1,761,419	$ 1,745,513
Loans and Leases, Net Percent	100.00%	100.00%
Construction and land [Member]
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 130,980	$ 128,285
Loans and Leases, Net Percent	7.40%	7.30%
Residential - first lien
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 428,788	$ 437,409
Loans and Leases, Net Percent	24.40%	25.10%
Residential - junior lien
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 71,045	$ 74,164
Loans and Leases, Net Percent	4.00%	4.20%
Total residential real estate
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 499,833	$ 511,573
Loans and Leases, Net Percent	28.40%	29.30%
Commercial - owner occupied
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 248,918	$ 241,795
Loans and Leases, Net Percent	14.10%	13.90%
Commercial - non-owner occupied
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 447,889	$ 444,052
Loans and Leases, Net Percent	25.50%	25.40%
Total commercial real estate
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 696,807	$ 685,847
Loans and Leases, Net Percent	39.60%	39.30%
Total real estate loans
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 1,327,620	$ 1,325,705
Loans and Leases, Net Percent	75.40%	75.90%
Commercial loans and leases 1
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 389,065	$ 372,872
Loans and Leases, Net Percent	22.10%	21.40%
Consumer
Loans and Leases Receivable [Line Items]
Loans and Leases	$ 44,734	$ 46,936
Loans and Leases, Net Percent	2.50%	2.70%

Loans and Leases - Additional I

Loans and Leases - Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Loans and Leases
Operating Lease, Lease Income	$ 5,637	$ 6,382
Loan Processing Fee	$ 1,300	$ 1,300

Loans and Leases - Accretable D

Loans and Leases - Accretable Discount (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Balance at beginning of period	$ 1,745,513
Balance at end of period	1,761,419
Impaired Financing Receivable [Member]
Balance at beginning of period	689	$ 877
Impaired loans acquired	0	0
Accretion of fair value discounts	(16)	(42)
Balance at end of period	$ 673	$ 835

Loans and Leases - Impaired (De

Loans and Leases - Impaired (Details) - Impaired Loans Acquired - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Contractually Required Payments Receivable	$ 10,195	$ 10,929
Carrying Amount	$ 8,111	$ 8,706

Credit Quality Assessment - All

Credit Quality Assessment - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	$ 10,401	$ 9,873	$ 9,873
Allowance for credit losses, Charge-offs	(583)	(2,854)	(4,236)
Allowance for credit losses, Recoveries	121	10	571
Allowance for credit losses, Net charge-offs	(462)	(2,844)
Provision for credit losses	3,445	1,725	4,193
Allowance for credit losses, Ending balance	13,384	8,754	10,401
Allowance allocated to Individually Evaluated for Impairment	0		500
Allowance allocated to Collectively Evaluated for Impairment	13,384		9,901
Loans, Ending balance	1,761,419		1,745,513
Loans individually evaluated for impairment	17,228		19,176
Loans collectively evaluated for impairment	1,744,191		1,726,337
Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	1,761,419		1,745,513
Construction and land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	1,256	741	741
Allowance for credit losses, Charge-offs	0		(282)
Allowance for credit losses, Recoveries	0		80
Provision for credit losses	(64)		717
Allowance for credit losses, Ending balance	1,192		1,256
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	1,192		1,256
Loans, Ending balance	130,980		128,285
Loans individually evaluated for impairment	478		481
Loans collectively evaluated for impairment	130,502		127,804
Construction and land [Member] | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	130,980		128,285
Residential - first lien
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	2,256	1,170	1,170
Allowance for credit losses, Charge-offs	(33)		(518)
Allowance for credit losses, Recoveries	3		0
Provision for credit losses	(22)		1,604
Allowance for credit losses, Ending balance	2,204		2,256
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	2,204		2,256
Loans, Ending balance	428,788		437,409
Loans individually evaluated for impairment	12,470		13,131
Loans collectively evaluated for impairment	416,318		424,278
Residential - first lien | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	428,788		437,409
Residential - junior lien
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	478	292	292
Allowance for credit losses, Charge-offs	0		(532)
Allowance for credit losses, Recoveries	51		115
Provision for credit losses	334		603
Allowance for credit losses, Ending balance	863		478
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	863		478
Loans, Ending balance	71,045		74,164
Loans individually evaluated for impairment	832		786
Loans collectively evaluated for impairment	70,213		73,378
Residential - junior lien | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	71,045		74,164
Commercial - owner occupied
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	788	735	735
Allowance for credit losses, Charge-offs	0		(46)
Allowance for credit losses, Recoveries	0		0
Provision for credit losses	466		99
Allowance for credit losses, Ending balance	1,254		788
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	1,254		788
Loans, Ending balance	248,918		241,795
Loans individually evaluated for impairment	477		566
Loans collectively evaluated for impairment	248,441		241,229
Commercial - owner occupied | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	248,918		241,795
Commercial - non-owner occupied
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	2,968	4,057	4,057
Allowance for credit losses, Charge-offs	0		(2,026)
Allowance for credit losses, Recoveries	0		17
Provision for credit losses	1,162		920
Allowance for credit losses, Ending balance	4,130		2,968
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	4,130		2,968
Loans, Ending balance	447,889		444,052
Loans individually evaluated for impairment	1,777		1,725
Loans collectively evaluated for impairment	446,112		442,327
Commercial - non-owner occupied | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	447,889		444,052
Commercial Loan and Leases [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	2,103	2,644	2,644
Allowance for credit losses, Charge-offs	(549)		(622)
Allowance for credit losses, Recoveries	66		357
Provision for credit losses	1,330		(276)
Allowance for credit losses, Ending balance	2,950		2,103
Allowance allocated to Individually Evaluated for Impairment	0		500
Allowance allocated to Collectively Evaluated for Impairment	2,950		1,603
Loans, Ending balance	389,065		372,872
Loans individually evaluated for impairment	1,092		2,360
Loans collectively evaluated for impairment	387,973		370,512
Commercial Loan and Leases [Member] | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	389,065		372,872
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses, Beginning balance	552	$ 234	234
Allowance for credit losses, Charge-offs	(1)		(210)
Allowance for credit losses, Recoveries	1		2
Provision for credit losses	239		526
Allowance for credit losses, Ending balance	791		552
Allowance allocated to Individually Evaluated for Impairment	0		0
Allowance allocated to Collectively Evaluated for Impairment	791		552
Loans, Ending balance	44,734		46,936
Loans individually evaluated for impairment	102		127
Loans collectively evaluated for impairment	44,632		46,809
Consumer | Legacy Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Ending balance	$ 44,734		$ 46,936

Credit Quality Assessment - Loa

Credit Quality Assessment - Loan balances and total credit exposures (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 357.6
As % of Total Loans	20.30%
Total exposure	$ 390.1
AS % of Total Exposure	18.60%
Loan Balance with Modification	$ 123.9
As % of Loan Category	34.60%
SBA PPP Loan Balance	$ 21.9
SBA PP % Loan Category	6.10%
CRE Retail [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 109.8
As % of Total Loans	6.20%
Total exposure	$ 112
AS % of Total Exposure	5.30%
Loan Balance with Modification	$ 21.5
As % of Loan Category	19.60%
Hotel [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 61.5
As % of Total Loans	3.50%
Total exposure	$ 67
AS % of Total Exposure	3.20%
Loan Balance with Modification	$ 53.5
As % of Loan Category	87.00%
SBA PPP Loan Balance	$ 0.9
SBA PP % Loan Category	1.50%
CRE - Residential Rental [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 50.3
As % of Total Loans	2.90%
Total exposure	$ 51.4
AS % of Total Exposure	2.40%
Loan Balance with Modification	$ 10.9
As % of Loan Category	21.70%
Nursing and Residential Care [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 39.8
As % of Total Loans	2.30%
Total exposure	$ 46.3
AS % of Total Exposure	2.20%
SBA PPP Loan Balance	$ 1.8
SBA PP % Loan Category	4.50%
Retail Trade {Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 26.3
As % of Total Loans	1.50%
Total exposure	$ 37.3
AS % of Total Exposure	1.80%
Loan Balance with Modification	$ 1.1
As % of Loan Category	4.20%
SBA PPP Loan Balance	$ 6.3
SBA PP % Loan Category	24.00%
Restaurants and Caterers [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 26.1
As % of Total Loans	1.50%
Total exposure	$ 29
AS % of Total Exposure	1.40%
Loan Balance with Modification	$ 19.5
As % of Loan Category	74.70%
SBA PPP Loan Balance	$ 8.9
SBA PP % Loan Category	34.10%
Religious and similar Organizations [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 27.6
As % of Total Loans	1.60%
Total exposure	$ 28.6
AS % of Total Exposure	1.40%
Loan Balance with Modification	$ 2.9
As % of Loan Category	10.50%
SBA PPP Loan Balance	$ 2.7
SBA PP % Loan Category	9.80%
Arts, Entertainment, and Recreation [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan Balance	$ 16.2
As % of Total Loans	0.90%
Total exposure	$ 18.5
AS % of Total Exposure	0.90%
Loan Balance with Modification	$ 14.5
As % of Loan Category	89.50%
SBA PPP Loan Balance	$ 1.3
SBA PP % Loan Category	8.00%
Non-owner-Occupied Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total high impact	59.00%
Hight impact portfolio excluded	53.00%
Owner-occupied Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total high impact	18.00%
Commercial Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total high impact	14.00%
Commercial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total high impact	9.00%

Credit Quality Assessment - Int

Credit Quality Assessment - Internally Assigned Risk Assignments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Credit Quality Indicator [Line Items]
Credit quality indicators	$ 1,761,419	$ 1,745,513
Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	1,761,419	1,745,513
Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	1,744,133	1,727,631
Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	17,286	17,882
Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Construction and land [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	130,980	128,285
Construction and land [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	130,980	128,285
Construction and land [Member] | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	130,502	127,804
Construction and land [Member] | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Construction and land [Member] | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	478	481
Construction and land [Member] | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Residential - first lien
Credit Quality Indicator [Line Items]
Credit quality indicators	428,788	437,409
Residential - first lien | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	428,788	437,409
Residential - first lien | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	416,318	425,247
Residential - first lien | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Residential - first lien | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	12,470	12,162
Residential - first lien | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Residential - junior lien
Credit Quality Indicator [Line Items]
Credit quality indicators	71,045	74,164
Residential - junior lien | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	71,045	74,164
Residential - junior lien | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	70,213	73,378
Residential - junior lien | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Residential - junior lien | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	832	786
Residential - junior lien | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial - owner occupied
Credit Quality Indicator [Line Items]
Credit quality indicators	248,918	241,795
Commercial - owner occupied | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	248,918	241,795
Commercial - owner occupied | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	248,441	241,229
Commercial - owner occupied | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial - owner occupied | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	477	566
Commercial - owner occupied | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial - non-owner occupied
Credit Quality Indicator [Line Items]
Credit quality indicators	447,889	444,052
Commercial - non-owner occupied | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	447,889	444,052
Commercial - non-owner occupied | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	446,054	442,327
Commercial - non-owner occupied | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial - non-owner occupied | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	1,835	1,725
Commercial - non-owner occupied | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial Loan and Leases [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	389,065	372,872
Commercial Loan and Leases [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	389,065	372,872
Commercial Loan and Leases [Member] | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	387,973	370,837
Commercial Loan and Leases [Member] | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Commercial Loan and Leases [Member] | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	1,092	2,035
Commercial Loan and Leases [Member] | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Consumer
Credit Quality Indicator [Line Items]
Credit quality indicators	44,734	46,936
Consumer | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	44,734	46,936
Consumer | Not Classified [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	44,632	46,809
Consumer | Special Mention [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	0	0
Consumer | Substandard [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	102	127
Consumer | Doubtful [Member] | Legacy Loans [Member]
Credit Quality Indicator [Line Items]
Credit quality indicators	$ 0	$ 0

Credit Quality Assessment - Age

Credit Quality Assessment - Aged Analysis of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	$ 1,761,419	$ 1,745,513
Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	1,733,599	1,718,953
Total past due	11,949	8,753
Non-accrual loans and leases	15,871	17,807
Total loans and leases	1,761,419	1,745,513
Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	9,202	4,309
Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,181	4,397
Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,566	47
Construction and land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	130,980	128,285
Construction and land [Member] | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	130,502	127,804
Total past due	0	0
Non-accrual loans and leases	478	481
Total loans and leases	130,980	128,285
Construction and land [Member] | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Construction and land [Member] | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Construction and land [Member] | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Residential - first lien
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	428,788	437,409
Residential - first lien | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	409,466	418,668
Total past due	7,817	6,579
Non-accrual loans and leases	11,505	12,162
Total loans and leases	428,788	437,409
Residential - first lien | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	6,844	3,312
Residential - first lien | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	3,220
Residential - first lien | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	973	47
Residential - junior lien
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	71,045	74,164
Residential - junior lien | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	68,545	71,634
Total past due	1,668	1,744
Non-accrual loans and leases	832	786
Total loans and leases	71,045	74,164
Residential - junior lien | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,083	748
Residential - junior lien | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	525	996
Residential - junior lien | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	60	0
Commercial - owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	248,918	241,795
Commercial - owner occupied | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	248,103	241,062
Total past due	338	167
Non-accrual loans and leases	477	566
Total loans and leases	248,918	241,795
Commercial - owner occupied | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial - owner occupied | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	167
Commercial - owner occupied | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	338	0
Commercial - non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	447,889	444,052
Commercial - non-owner occupied | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	445,290	442,132
Total past due	822	195
Non-accrual loans and leases	1,777	1,725
Total loans and leases	447,889	444,052
Commercial - non-owner occupied | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	628	195
Commercial - non-owner occupied | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial - non-owner occupied | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	194	0
Commercial Loan and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	389,065	372,872
Commercial Loan and Leases [Member] | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	387,097	370,877
Total past due	1,268	35
Non-accrual loans and leases	700	1,960
Total loans and leases	389,065	372,872
Commercial Loan and Leases [Member] | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	619	35
Commercial Loan and Leases [Member] | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	649	0
Commercial Loan and Leases [Member] | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases	44,734	46,936
Consumer | Legacy Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans and leases current	44,596	46,776
Total past due	36	33
Non-accrual loans and leases	102	127
Total loans and leases	44,734	46,936
Consumer | Legacy Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	28	19
Consumer | Legacy Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	7	14
Consumer | Legacy Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	$ 1	$ 0

Credit Quality Assessment - Imp

Credit Quality Assessment - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Related allowance		$ 500
Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	$ 17,228	19,176
With an allowance recorded	0	554
With no related allowance recorded	17,228	18,622
Related allowance	0	500
Unpaid principal	19,722	22,344
Average balance of impaired loans	21,728	24,970
Interest income recognized	162	748
Construction and land [Member] | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	478	481
With an allowance recorded	0	0
With no related allowance recorded	478	481
Related allowance	0	0
Unpaid principal	663	667
Average balance of impaired loans	793	814
Interest income recognized	1	5
Residential - first lien | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	12,470	13,131
With an allowance recorded	0	0
With no related allowance recorded	12,470	13,131
Related allowance	0	0
Unpaid principal	13,723	14,371
Average balance of impaired loans	14,999	15,586
Interest income recognized	138	400
Residential - junior lien | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	832	786
With an allowance recorded	0	0
With no related allowance recorded	832	786
Related allowance	0	0
Unpaid principal	1,030	986
Average balance of impaired loans	1,208	1,338
Interest income recognized	8	106
Commercial - owner occupied | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	477	566
With an allowance recorded	0	0
With no related allowance recorded	477	566
Related allowance	0	0
Unpaid principal	474	583
Average balance of impaired loans	478	594
Interest income recognized	0	30
Commercial - non-owner occupied | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	1,777	1,725
With an allowance recorded	0	0
With no related allowance recorded	1,777	1,725
Related allowance	0	0
Unpaid principal	2,081	2,023
Average balance of impaired loans	2,106	2,105
Interest income recognized	3	11
Commercial Loan and Leases [Member] | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	1,092	2,360
With an allowance recorded	0	554
With no related allowance recorded	1,092	1,806
Related allowance	0	500
Unpaid principal	1,646	3,584
Average balance of impaired loans	2,039	4,392
Interest income recognized	12	195
Consumer | Legacy Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	102	127
With an allowance recorded	0	0
With no related allowance recorded	102	127
Related allowance	0	0
Unpaid principal	105	130
Average balance of impaired loans	105	141
Interest income recognized	$ 0	$ 1

Credit Quality Assessment - TDR

Credit Quality Assessment - TDR Loans (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Trouble Debt Restructured Loans [Line Items]
Number of Loans | loan	4	4
Non-Accrual Status	$ 807	$ 813
Number of Loans | loan	4	4
Accrual Status	$ 1,332	$ 1,335
Total TDRs	$ 2,139	$ 2,148
Construction and land [Member]
Trouble Debt Restructured Loans [Line Items]
Number of Loans | loan	1	1
Non-Accrual Status	$ 124	$ 125
Number of Loans | loan	0	0
Accrual Status	$ 0	$ 0
Total TDRs	$ 124	$ 125
Residential Real Estate First Lien [Member]
Trouble Debt Restructured Loans [Line Items]
Number of Loans | loan	2	2
Non-Accrual Status	$ 269	$ 274
Number of Loans | loan	2	2
Accrual Status	$ 965	$ 968
Total TDRs	$ 1,234	$ 1,242
Commercial Loan and Leases [Member]
Trouble Debt Restructured Loans [Line Items]
Number of Loans | loan	1	1
Non-Accrual Status	$ 414	$ 414
Number of Loans | loan	2	2
Accrual Status	$ 367	$ 367
Total TDRs	$ 781	$ 781

Credit Quality Assessment - T_2

Credit Quality Assessment - TDR Modifications (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	$ 2,139	$ 2,148
Allowance for Losses on Finance Receivables [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Construction and land And Extension Or Other modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	124	125
Construction and land And Extension Or Other modification [Member] | Allowance for Losses on Finance Receivables [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Commercial Loans And Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	367	367
Commercial Loans And Extension Or Other Modification [Member] | Allowance for Losses on Finance Receivables [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Commercial Loans And Forbearances Member
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	414	414
Commercial Loans And Forbearances Member | Allowance for Losses on Finance Receivables [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Residential Real Estate First Lien and Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	1,234	1,242
Residential Real Estate First Lien and Extension Or Other Modification [Member] | Allowance for Losses on Finance Receivables [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	807	813
Nonperforming Financial Instruments [Member] | Construction and land And Extension Or Other modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	124	125
Nonperforming Financial Instruments [Member] | Commercial Loans And Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Nonperforming Financial Instruments [Member] | Commercial Loans And Forbearances Member
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	414	414
Nonperforming Financial Instruments [Member] | Residential Real Estate First Lien and Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	269	274
Performing Financial Instruments [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	1,332	1,335
Performing Financial Instruments [Member] | Construction and land And Extension Or Other modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Performing Financial Instruments [Member] | Commercial Loans And Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	367	367
Performing Financial Instruments [Member] | Commercial Loans And Forbearances Member
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	0	0
Performing Financial Instruments [Member] | Residential Real Estate First Lien and Extension Or Other Modification [Member]
Financing Receivable, Modifications [Line Items]
Total troubled debt restructured loans	$ 965	$ 968

Credit Quality Assessment - Add

Credit Quality Assessment - Additional Information (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)loan	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Credit Quality Indicator [Line Items]
Delinquent Loans, Outstanding Nonaccrual Status	$ 17,400		$ 17,900
Non-Accrual Delinquent Loans Outstanding, Percentage	1.00%		1.00%
Loans and Leases Receivable, Net of Deferred Income	$ 1,761,419		$ 1,745,513
Financing Receivable, Recorded Investment, Nonaccrual Loans	15,900		17,800
Impaired Financing Receivable Interest Income Non Accrual Method	133	$ 388
Additional allowance	21
Loans modified, amount	2,139		2,148
Real Estate Owned, Transfer to Real Estate Owned	755
Gains (Losses) on Sales of Other Real Estate	(28)
Loss on sale of other real estate held	(28)	$ 0
Performing Financial Instruments [Member]
Credit Quality Indicator [Line Items]
Loans modified, amount	1,332		1,335
Residential - first lien
Credit Quality Indicator [Line Items]
Loans and Leases Receivable, Net of Deferred Income	428,788		437,409
Mortgage Loans in Process of Foreclosure, Amount	$ 2,400
Number of loans secured | loan	2
Commercial loans and leases 1
Credit Quality Indicator [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 389,065		372,872
Total commercial real estate
Credit Quality Indicator [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 696,807		$ 685,847

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivatives and Hedging Activities
Increase (Decrease) in Fair Value of Interest Rate Fair Value Hedging Instruments	$ 8	$ 2

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Interest Rate Swap with borrowers
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 2,800	$ 2,853
Derivative, Gain on Derivative	415	217
Derivative, Loss on Derivative	0	0
Interest Rate Swap with counterparty
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	2,800	2,853
Derivative, Gain on Derivative	0	0
Derivative, Loss on Derivative	$ 419	$ 228

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Goodwill	$ 65,949	$ 65,949
Banking
Goodwill	$ 65,949	$ 65,949

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$ 7,770	$ 8,469
Core Deposits
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	16,135	16,135
Accumulated Amortization	8,365	7,666
Net Carrying Amount	$ 7,770	$ 8,469
Weighted Average Remaining Life (in Years)	3 years 6 months	3 years 8 months 12 days

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Future Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Goodwill and Other Intangible Assets
2020	$ 1,975
2021	2,326
2022	1,915
2023	1,298
2024	256
Total amortizing intangible assets	$ 7,770	$ 8,469

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020item
Goodwill and Other Intangible Assets
Number of reporting units	1

Leases - Operating leases (Deta

Leases - Operating leases (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases
Operating leases ROU	$ 15,674	$ 14,092
Total operating lease liabilities	$ 16,134	$ 14,507	$ 18,000

Leases - Lease expenses (Detail

Leases - Lease expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leases
Operating lease cost	$ 364	$ 550
Sublease income	(168)	(185)
Amortization of ROU assets	45
Total	$ 241	$ 365

Leases - Lease liability maturi

Leases - Lease liability maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases
2020	$ 1,285
2021	1,662
2022	1,520
2023	1,372
2024	1,170
Thereafter	13,033
Total future lease payments	20,042
Discount of cash flows	(3,908)
Present value on net future lease payments	$ 16,134	$ 14,507	$ 18,000
Weighted average remaining term (in years)	6 years 7 months 21 days
Weighted average discount rate (in percentage)	2.89%

Leases - Additional information

Leases - Additional information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases
Lessee, Operating Lease, Renewal Term	10 years
Operating Lease, Expense		$ 3,600
Operating Lease, Liability	$ 16,134	$ 14,507	$ 18,000
Increase in ROU assets	$ 2,000

Deposits - Composition of Depos

Deposits - Composition of Deposits and the Related Percentage Mix of Total Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deposits
Noninterest-bearing demand	$ 483,499	$ 468,975
Interest-bearing checking	173,739	183,447
Money market accounts	356,469	360,711
Savings	134,060	130,141
Certificates of deposit $250 and over	66,713	77,782
Certificates of deposit under $250	574,419	493,309
Total deposits	$ 1,788,899	$ 1,714,365
Percentage of Noninterest-bearing demand	27.00%	27.00%
Percentage of Interest-bearing checking	10.00%	11.00%
Percentage of Money market accounts	20.00%	21.00%
Percentage of Savings	7.00%	7.00%
Percentage of Certificates of deposit $250 and over	4.00%	5.00%
Percentage of Certificates of deposit under $250	32.00%	29.00%
Percentage of Total deposits	100.00%	100.00%

Stock Options and Stock Award_2

Stock Options and Stock Awards - Stock Options (Details) - Employee Stock Option [Member] - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Shares, Beginning Balance	25,000	15,268
Shares, Granted	0	25,000
Shares, Exercised	0	(13,418)
Shares, Forfeited	0	(1,850)
Shares, Ending Balance	25,000	25,000
Shares, Exercisable at period end	8,337	0
Weighted Average Exercise Price, Beginning Balance	$ 14.54	$ 8.76
Weighted Average Exercise Price, Granted	0	14.54
Weighted Average Exercise Price, Exercised	0	8.58
Weighted Average Exercise Price, Forfeited	0	10.10
Weighted Average Exercise Price, Ending Balance		14.54
Weighted Average Exercise Price, Exercisable at period end	$ 14.54	14.54
Weighted average fair value of options granted during the year		$ 5.83

Stock Options and Stock Award_3

Stock Options and Stock Awards - RSU (Details) - Restricted Stock [Member] - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Shares, Beginning Balance	11,032	9,731
Shares, Granted	100,000	26,500
Shares, Vested	0	(6,699)
Shares, Forfeited	0	(18,500)
Shares, Ending Balance	111,032	11,032
Weighted Average Grant Date Fair Value, Beginning Balance	$ 17.48	$ 17.29
Weighted Average Grant Date Fair Value, Granted	18	15.16
Weighted Average Grant Date Fair Value, Vested	0	16.13
Weighted Average Grant Date Fair Value, Forfeited	0	14.54
Weighted Average Grant Date Fair Value, Ending Balance	$ 17.95	$ 17.48

Stock Options and Stock Award_4

Stock Options and Stock Awards - RSU Compensation Expense (Details) $ in Thousands	Mar. 31, 2020USD ($)
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 89
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	1,865
Restricted Stock Units (RSUs) [Member] | 2020
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	314
Restricted Stock Units (RSUs) [Member] | 2021
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	404
Restricted Stock Units (RSUs) [Member] | 2022
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	397
Restricted Stock Units (RSUs) [Member] | 2023
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	360
Restricted Stock Units (RSUs) [Member] | 2024
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	360
Restricted Stock Units (RSUs) [Member] | 2025
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 30

Stock Options and Stock Award_5

Stock Options and Stock Awards - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Allocated Share-based Compensation Expense	$ 240	$ 112
Director [Member]
Allocated Share-based Compensation Expense	137	62
Restricted Stock Units (RSUs) [Member]
Allocated Share-based Compensation Expense	91	42
Employee Stock Option [Member]
Allocated Share-based Compensation Expense	$ 12	$ 8

Stock Options and Stock Award_6

Stock Options and Stock Awards - Additional information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Proceeds from Stock Options Exercised	$ 0	$ 77
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable Fair Market Value	$ 10.86	$ 14.81
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding	$ 0	$ 77
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 89
Share-based Payment Arrangement, Nonemployee [Member]
Share-based Goods and Nonemployee Services Transaction, Shares Approved for Issuance	8,151	4,802
Employee Stock Option [Member]
Common Stock, Capital Shares Reserved for Future Issuance	456,263
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0		25,000
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 1,865
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	100,000	18,500

Benefit Plans (Details)

Benefit Plans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Maximum Annual Contribution Per Employee, Percent	15.00%
Defined Contribution Plan, Maximum Annual Contribution Per Employee, Amount	$ 301,000	$ 277,000
Allocated Share-based Compensation Expense	$ 240,000	112,000
2017 Employee Stock Purchase Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	250,000
Allocated Share-based Compensation Expense	$ 0	0
Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Benefit Description	Under the defined benefit SERP, the CEO will receive $150,000 each year for 15 years after attainment of the Normal Retirement Age (as defined in the SERP).
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 19,000	$ 53,000
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent	4.00%

Income per Common Share (Detail

Income per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income per Common Share
Net income available to common stockholders (numerator)	$ 3,343	$ 4,256
BASIC
Basic average common shares outstanding (denominator)	18,867,087	19,052,694
Basic income per common share	$ 0.18	$ 0.22
DILUTED
Average common shares outstanding	18,867,087	19,052,694
Dilutive effect of common stock equivalents	47,864	14,097
Diluted average common shares outstanding (denominator)	18,914,951	19,066,791
Diluted income per common share	$ 0.18	$ 0.22
Common stock equivalents outstanding that are anti-dilutive and thus excluded from calculation of diluted number of shares presented above	0	25,000

Regulatory Capital (Details)

Regulatory Capital (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Percentage of Capital Conservation Buffer	2.50%
Howard Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to risk-weighted assets) Actual amount	$ 245,246	$ 238,384
Total capital (to risk-weighted assets) Actual ratio	13.06%	12.86%
Total capital (to risk-weighted assets) For capital adequacy purposes amount	$ 150,208	$ 148,314
Total capital (to risk-weighted assets) For capital adequacy purposes ratio	8.00%	8.00%
Total capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions amount	$ 187,760	$ 185,392
Total capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions ratio	10.00%	10.00%
Common equity tier 1 capital (to risk-weighted assets) Actual amount	$ 231,862	$ 227,983
Common equity tier 1 capital (to risk-weighted assets) Actual ratio	12.35%	12.30%
Common equity tier 1 capital (to risk-weighted assets) For capital adequacy purposes amount	$ 84,492	$ 83,427
Common equity tier 1 capital (to risk-weighted assets) For capital adequacy purposes ratio	4.50%	4.50%
Common equity tier 1 capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions amount	$ 122,044	$ 120,505
Common equity tier 1 capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions ratio	6.50%	6.50%
Tier 1 capital (to risk-weighted assets) Actual amount	$ 231,862	$ 227,983
Tier 1 capital (to risk-weighted assets) Actual ratio	12.35%	12.30%
Tier 1 capital (to risk-weighted assets) For capital adequacy purposes amount	$ 112,656	$ 111,235
Tier 1 capital (to risk-weighted assets) For capital adequacy purposes ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions amount	$ 150,208	$ 148,314
Tier 1 capital (to risk-weighted assets) To be well capitalized under the FDICIA prompt corrective action provisions ratio	8.00%	8.00%
Tier 1 capital (to average assets) Actual amount	$ 231,862	$ 227,983
Tier 1 capital (to average assets) Actual ratio	10.25%	10.43%
Tier 1 capital (to average assets) For capital adequacy purposes amount	$ 90,473	$ 87,434
Tier 1 capital (to average assets) For capital adequacy purposes ratio	4.00%	4.00%
Tier 1 capital (to average assets) To be well capitalized under the FDICIA prompt corrective action provisions amount	$ 113,092	$ 109,293
Tier 1 capital (to average assets) To be well capitalized under the FDICIA prompt corrective action provisions ratio	5.00%	5.00%
Howard Bancorp
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to risk-weighted assets) Actual amount	$ 247,926	$ 247,761
Total capital (to risk-weighted assets) Actual ratio	13.16%	13.14%
Total capital (to risk-weighted assets) For capital adequacy purposes amount	$ 150,670	$ 150,872
Total capital (to risk-weighted assets) For capital adequacy purposes ratio	8.00%	8.00%
Common equity tier 1 capital (to risk-weighted assets) Actual amount	$ 206,253	$ 209,119
Common equity tier 1 capital (to risk-weighted assets) Actual ratio	10.95%	11.09%
Common equity tier 1 capital (to risk-weighted assets) For capital adequacy purposes amount	$ 84,752	$ 84,866
Common equity tier 1 capital (to risk-weighted assets) For capital adequacy purposes ratio	4.50%	4.50%
Tier 1 capital (to risk-weighted assets) Actual amount	$ 206,253	$ 209,119
Tier 1 capital (to risk-weighted assets) Actual ratio	10.95%	11.09%
Tier 1 capital (to risk-weighted assets) For capital adequacy purposes amount	$ 113,003	$ 113,154
Tier 1 capital (to risk-weighted assets) For capital adequacy purposes ratio	6.00%	6.00%
Tier 1 capital (to average assets) Actual amount	$ 206,253	$ 209,119
Tier 1 capital (to average assets) Actual ratio	9.10%	9.55%
Tier 1 capital (to average assets) For capital adequacy purposes amount	$ 90,707	$ 87,599
Tier 1 capital (to average assets) For capital adequacy purposes ratio	4.00%	4.00%

Fair Value - Fair Value Financi

Fair Value - Fair Value Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	$ 275,252	$ 215,505
Loans held for sale	3,795	30,710
Loans held for investment	958	997
Interest rate swap assets	415	217
Liabilities
Interest rate swap liabilities	419	228
US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	81,894	67,312
Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	187,824	142,699
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3,795	30,710
Loans held for investment	958	997
Rate lock commitments	0	60
Interest rate swap assets	415	217
Liabilities
Interest rate swap liabilities	419	228
Fair Value, Measurements, Recurring [Member] | US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities		67,312
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	187,824	142,699
Fair Value, Measurements, Recurring [Member] | Other Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	5,534	5,494
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	0
Interest rate swap assets	0
Liabilities
Interest rate swap liabilities	0
Fair Value, Inputs, Level 1 [Member] | US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0
Loans held for investment	0
Rate lock commitments	0
Interest rate swap assets	0
Liabilities
Interest rate swap liabilities	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Other Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	958	997
Interest rate swap assets	415	217
Liabilities
Interest rate swap liabilities	419	228
Fair Value, Inputs, Level 2 [Member] | US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	81,894
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3,795	30,710
Loans held for investment	958	997
Rate lock commitments	0
Interest rate swap assets	415	217
Liabilities
Interest rate swap liabilities	419	228
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities		67,312
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	187,824	142,699
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Other Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	5,534	5,494
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	0
Rate lock commitments	0	60	$ 126
Interest rate swap assets	0
Liabilities
Interest rate swap liabilities	0
Fair Value, Inputs, Level 3 [Member] | US Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0
Loans held for investment	0
Rate lock commitments	0	$ 60
Interest rate swap assets	0
Liabilities
Interest rate swap liabilities	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities	$ 0

Fair Value - Level 3 (Details)

Fair Value - Level 3 (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Balance, beginning of period	$ 60	$ 126
Privately held equity investment	0
Net losses included in realized and unrealized gains on mortgage banking activity in noninterest income	(60)	(66)
Balance, end of period	$ 0	$ 60

Fair Value - Assets Under Fair

Fair Value - Assets Under Fair Value Option (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Loans held for investment Fair value	$ 958	$ 997
Loans Held For Sale [Member]
Carrying Fair Value Amount, Loans held for sale	3,795	30,710
Aggregate Unpaid Principal, Loans held for sale	3,759	29,969
Difference, Loans held for sale	36	741
Loans Held For Investment [Member]
Loans held for investment Fair value	958	997
Aggregate Unpaid Principal Loans held for Investment	950	966
Difference, Loans held for investment	$ 8	$ 31

Fair Value - Financial Assets a

Fair Value - Financial Assets and Liabilities on Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	$ 2,322	$ 3,098
Impaired loans	1,755,134	1,735,013
Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	3,500	4,600
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans		18,676
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,322	3,098
Impaired loans	17,228
Fair Value, Measurements, Nonrecurring [Member] | Construction and land [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	478	481
Fair Value, Measurements, Nonrecurring [Member] | Residential - first lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	12,470	13,131
Fair Value, Measurements, Nonrecurring [Member] | Residential - junior lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	832	786
Fair Value, Measurements, Nonrecurring [Member] | Commercial - owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	477	566
Fair Value, Measurements, Nonrecurring [Member] | Commercial - non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,777	1,725
Fair Value, Measurements, Nonrecurring [Member] | Commercial Loan and Leases [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,092	1,860
Fair Value, Measurements, Nonrecurring [Member] | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	102	127
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,755,134	1,735,013
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans		18,676
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,322	3,098
Impaired loans	17,228
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Construction and land [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	478	481
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential - first lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	12,470	13,131
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential - junior lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	832	786
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial - owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	477	566
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial - non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,777	1,725
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Loan and Leases [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,092	1,860
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 102	$ 127

Fair Value - Financial Instrume

Fair Value - Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financial Assets
Available for sale securities, Carrying Value	$ 275,252	$ 215,505
Held to maturity securities, Carrying Value	7,750	7,750
Nonmarketable equity securities, Carrying Value	16,757	14,152
Loans held for sale, Carrying Value	3,795	30,710
Loans held for investment, Carrying Value	958	997
Rate lock commitments, Carrying Value		60
Loans and leases, Carrying Value	1,747,077	1,734,115
Interest rate swap, Carrying Value	415	217
Available for sale securities	275,252	215,505
Held to maturity securities	7,850	7,897
Nonmarketable equity securities	16,757	14,152
Loans held for sale	3,795	30,710
Loans held for investment	958	997
Rate lock commitments		60
Loans and leases, Fair value	1,755,134	1,735,013
Interest rate swap	415	217
Financial Liabilities
Deposits, Carrying Value	1,788,899	1,714,365
Customer repos and fed funds purchased , carrying value	5,321	6,127
Short-term borrowings, Carrying Value	344,000	285,000
Long-term borrowings, Carrying Value	28,290	28,241
Interest rate swap, Carrying Value	419	228
Deposits, Fair value	1,787,004	1,713,081
Customer repos and fed funds purchased , Fair value	5,321	6,127
FHLB & other short-term borrowings	351,560	288,731
Subordinated debt	28,290	28,241
Interest rate swap, Fair Value	419	228
Fair Value, Measurements, Nonrecurring [Member]
Financial Assets
Loans and leases, Fair value		18,676
Fair Value, Inputs, Level 1 [Member]
Financial Assets
Available for sale securities	0
Held to maturity securities	0
Nonmarketable equity securities	0
Loans held for sale	0
Loans held for investment	0
Loans and leases, Fair value	0
Interest rate swap	0
Financial Liabilities
Deposits, Fair value	0
Customer repos and fed funds purchased , Fair value	0	0
FHLB & other short-term borrowings	0
Subordinated debt	0
Interest rate swap, Fair Value	0
Fair Value, Inputs, Level 2 [Member]
Financial Assets
Available for sale securities	275,252	215,505
Held to maturity securities	0
Nonmarketable equity securities	16,757	14,152
Loans held for sale	3,795	30,710
Loans held for investment	958	997
Loans and leases, Fair value	0
Interest rate swap	415	217
Financial Liabilities
Deposits, Fair value	1,787,004	1,713,081
Customer repos and fed funds purchased , Fair value	5,321	6,127
FHLB & other short-term borrowings	351,560	288,731
Subordinated debt	28,290	28,241
Interest rate swap, Fair Value	419	228
Fair Value, Inputs, Level 3 [Member]
Financial Assets
Available for sale securities	0
Held to maturity securities	7,850	7,897
Nonmarketable equity securities	0
Loans held for sale	0
Loans held for investment	0
Rate lock commitments		60
Loans and leases, Fair value	1,755,134	1,735,013
Interest rate swap	0
Financial Liabilities
Deposits, Fair value	0
Customer repos and fed funds purchased , Fair value	0	0
FHLB & other short-term borrowings	0
Subordinated debt	0
Interest rate swap, Fair Value	$ 0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Financial Assets
Loans and leases, Fair value		$ 18,676

Fair Value - Additional Informa

Fair Value - Additional Information (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate	$ 2,322		$ 3,098
Impaired Financing Receivable, Related Allowance			500
Other Real Estate, Period Increase (Decrease)	21	$ 0
Loans Held For Sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	(257)	72
Loans Held For Investment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	8	$ 56
Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate	3,500		4,600
Other Real Estate, Valuation Adjustments	$ 1,200		$ 1,500
Selling cost (as a percent)	9.5