First Guaranty Bancshares (FGBI) 10-Q 10 Aug 20 2020 Q1 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2020	Aug. 07, 2020
Cover [Abstract]
Document Quarterly Report	true
Document Transition Report	false
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Entity File Number	001-37621
Entity Registrant Name	FIRST GUARANTY BANCSHARES, INC.
Entity Incorporation, State or Country Code	LA
Entity Tax Identification Number	26-0513559
Entity Address, Address Line One	400 East Thomas Street
Entity Address, City or Town	Hammond,
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70401
City Area Code	(985)
Local Phone Number	345-7685
Title of 12(b) Security	Common Stock, $1 par value
Trading Symbol	FGBI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,741,253
Entity Central Index Key	0001408534
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Cash and cash equivalents:
Cash and due from banks	$ 236,365	$ 66,511
Federal funds sold	778	914
Cash and cash equivalents	237,143	67,425
Investment securities:
Securities, available for sale	450,538	339,937
Held to maturity, at cost (estimated fair value of $0 and $86,817 respectively)	0	86,579
Investment securities	450,538	426,516
Federal Home Loan Bank stock, at cost	3,336	3,308
Loans held for sale	280	0
Loans, net of unearned income	1,640,723	1,525,490
Less: allowance for loan losses	14,017	10,929
Net loans	1,626,706	1,514,561
Premises and equipment, net	58,680	56,464
Goodwill	13,072	12,942
Intangible assets, net	6,934	7,166
Other real estate, net	4,194	4,879
Accrued interest receivable	16,339	8,412
Other assets	19,403	15,543
Total Assets	2,436,625	2,117,216
Deposits:
Noninterest-bearing demand	434,306	325,888
Interest-bearing demand	722,301	635,942
Savings	169,862	135,156
Time	794,529	756,027
Total deposits	2,120,998	1,853,013
Short-term advances from Federal Home Loan Bank	50,000	13,079
Repurchase agreements	6,569	6,840
Accrued interest payable	5,377	6,047
Long-term advances from Federal Home Loan Bank	3,443	3,533
Senior long-term debt	45,470	48,558
Junior subordinated debentures	14,757	14,737
Other liabilities	10,085	5,374
Total Liabilities	2,256,699	1,951,181
Common stock:
$1 par value - authorized 100,600,000 shares; issued 9,741,253 shares	9,741	9,741
Surplus	110,836	110,836
Retained earnings	49,175	43,283
Accumulated other comprehensive income	10,174	2,175
Total Shareholders' Equity	179,926	166,035
Total Liabilities and Shareholders' Equity	$ 2,436,625	$ 2,117,216

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Held to maturity, fair value	$ 0	$ 86,817
Common stock, par or stated value per share (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	100,600,000	100,600,000
Common stock, shares, issued	9,741,253	9,741,253

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2020		Jun. 30, 2019		Jun. 30, 2020	Jun. 30, 2019
Interest Income:
Loans (including fees)		$ 22,441		$ 19,920		$ 44,901	$ 38,402
Deposits with other banks		62		953		297	1,589
Securities (including FHLB stock)		2,814		2,565		5,557	5,422
Federal funds sold		0		1		0	1
Total Interest Income		25,317		23,439		50,755	45,414
Interest Expense:
Demand deposits		1,243		2,831		3,354	5,642
Savings deposits		32		142		148	280
Time deposits		4,439		4,356		8,998	8,363
Borrowings		763		408		1,492	834
Total Interest Expense		6,477		7,737		13,992	15,119
Net Interest Income		18,840		15,702		36,763	30,295
Less: Provision for loan losses		1,836		1,634		3,081	2,421
Net Interest Income after Provision for Loan Losses		17,004		14,068		33,682	27,874
Noninterest Income:
Service charges, commissions and fees		471		613		1,200	1,221
ATM and debit card fees		806		579		1,415	1,107
Net gains (losses) on securities		1,351		(14)		1,843	(416)
Net gains on sale of loans		278		53		295	64
Other		420		415		999	971
Total Noninterest Income		3,326		1,646		5,752	2,947
Noninterest Expense:
Salaries and employee benefits		7,536		6,146		14,935	12,108
Occupancy and equipment expense		1,865		1,530		3,694	3,015
Other		4,397		3,986		9,464	7,707
Total Noninterest Expense		13,798		11,662		28,093	22,830
Income Before Income Taxes		6,532		4,052		11,341	7,991
Less: Provision for income taxes		1,348		839		2,332	1,646
Net Income		$ 5,184		$ 3,213		$ 9,009	$ 6,345
Per Common Share:
Earnings (in dollars per share)	[1]	$ 0.53		$ 0.33		$ 0.92	$ 0.65
Cash dividends paid (in dollars per share)	[1]	$ 0.16		$ 0.15		$ 0.32	$ 0.29
Weighted Average Common Shares Outstanding (in shares)		9,741,253	[1]	9,687,123	[1]	9,741,253	9,687,123
[1]	All share and per share amounts have been restated to reflect the ten percent stock dividend paid December 16, 2019 to shareholders of record as of December 9, 2019.

CONSOLIDATED STATEMENTS OF IN_2

CONSOLIDATED STATEMENTS OF INCOME (unaudited) (Parenthetical)	Dec. 16, 2019
Income Statement [Abstract]
Dividend percent	10.00%

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net Income	$ 5,184	$ 3,213	$ 9,009	$ 6,345
Unrealized gains on securities:
Unrealized holding gains arising during the period	10,511	3,470	11,930	10,125
Reclassification adjustments for (gains) losses included in net income	(1,355)	14	(1,855)	416
Reclassification of OTTI losses included in net income	50	0	50	0
Change in unrealized gains on securities	9,206	3,484	10,125	10,541
Tax impact	(1,933)	(732)	(2,126)	(2,214)
Other comprehensive income	7,273	2,752	7,999	8,327
Comprehensive Income	$ 12,457	$ 5,965	$ 17,008	$ 14,672

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands		Total	Common Stock $1 Par	Surplus	Retained Earnings	Accumulated Other Comprehensive Income/(Loss)
Beginning balance at Dec. 31, 2018	[1]	$ 147,284	$ 9,687	$ 109,788	$ 34,947	$ (7,138)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		6,345			6,345
Other comprehensive income		8,327				8,327
Cash dividends on common stock	[1]	(2,818)			(2,818)
Ending balance at Jun. 30, 2019		159,138	9,687	109,788	38,474	1,189
Beginning balance at Dec. 31, 2019		166,035	9,741	110,836	43,283	2,175
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		9,009			9,009
Other comprehensive income		7,999				7,999
Cash dividends on common stock		(3,117)			(3,117)
Ending balance at Jun. 30, 2020		$ 179,926	$ 9,741	$ 110,836	$ 49,175	$ 10,174
[1]	All share and per share amounts have been restated to reflect the ten percent stock dividend paid December 16, 2019 to shareholders of record as of December 9, 2019.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) (Parenthetical) - $ / shares		Dec. 16, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Common stock, par or stated value per share (in dollars per share)			$ 1		$ 1		$ 1
Cash dividends paid (in dollars per share)	[1]		$ 0.16	$ 0.15	$ 0.32	$ 0.29
Dividend percent		10.00%
[1]	All share and per share amounts have been restated to reflect the ten percent stock dividend paid December 16, 2019 to shareholders of record as of December 9, 2019.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows From Operating Activities
Net Income	$ 9,009	$ 6,345
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	3,081	2,421
Depreciation and amortization	1,755	1,544
Amortization/Accretion of investments	1,373	589
Other Than Temporary Impairment Charge on Securities	50	0
(Gain) loss on sale/call of securities	(1,843)	416
(Gain) loss on sale of assets	(287)	2
Repossessed asset write downs, gains and losses on dispositions	125	106
FHLB stock dividends	(28)	(29)
Net (increase) decrease in loans held for sale	(280)	344
Change in other assets and liabilities, net	(5,185)	1,871
Net Cash Provided By Operating Activities	7,770	13,609
Cash Flows From Investing Activities
Proceeds from maturities, calls and sales of HTM securities	34,022	4,885
Proceeds from maturities, calls and sales of AFS securities	257,620	117,174
Funds Invested in AFS securities	(305,119)	(46,177)
Net increase in loans	(120,281)	(81,536)
Purchase of premises and equipment	(3,564)	(4,790)
Proceeds from sales of premises and equipment	27	5
Proceeds from sales of other real estate owned	879	0
Net Cash Used In Investing Activities	(136,416)	(10,439)
Cash Flows From Financing Activities
Net increase in deposits	267,989	43,321
Net increase in federal funds purchased and short-term borrowings	36,650	0
Repayment of long-term borrowings	(3,158)	(1,471)
Dividends paid	(3,117)	(2,818)
Net Cash Provided By Financing Activities	298,364	39,032
Net Increase In Cash and Cash Equivalents	169,718	42,202
Cash and Cash Equivalents at the Beginning of the Period	67,425	127,965
Cash and Cash Equivalents at the End of the Period	237,143	170,167
Noncash Activities:
Acquisition of real estate in settlement of loans	319	2,704
Transfer of securities from HTM to AFS	52,553	0
Cash Paid During The Period:
Interest on deposits and borrowed funds	14,662	14,471
Federal
Cash Paid During The Period:
Income taxes	0	2,023
State
Cash Paid During The Period:
Income taxes	$ 0	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles. The consolidated financial statements and the footnotes of First Guaranty Bancshares, Inc. ("First Guaranty") thereto should be read in conjunction with the audited consolidated financial statements and note disclosures for First Guaranty previously filed with the Securities and Exchange Commission in First Guaranty's Annual Report on Form 10-K for the year ended December 31, 2019. The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc. and its wholly owned subsidiary First Guaranty Bank (the "Bank"). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary for a fair presentation of the consolidated financial statements. Those adjustments are of a normal recurring nature. The results of operations at June 30, 2020 and for the three and six month periods ended June 30, 2020 and 2019 are not necessarily indicative of the results expected for the full year or any other interim period. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting PronouncementsIn June 2016, the FASB issued ASU 2016-13, "Financial Instruments- Credit Losses: Measurement of Credit Losses on Financial Instruments". This ASU amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. The ASU amendments require the measurement of all expected credit losses for financial assets held at the reporting date be based on historical experience, current conditions, and reasonable and supportable forecasts. The ASU requires assets held at cost basis to reflect the company's current estimate of all expected credit losses. For available for sale debt securities, credit losses should be presented as an allowance rather than as a write-down. In addition, this ASU amends the accounting for purchased financial assets with credit deterioration. On October 16, 2019, the FASB approved an effective date delay applicable to smaller reporting companies until fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. First Guaranty is a smaller reporting company and has delayed the adoption of ASU 2016-13.

Merger Transaction

Merger Transaction	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Merger Transaction	Merger Transaction Effective at the close of business on November 7, 2019, First Guaranty completed its acquisition of 100% of the outstanding shares of Union Bancshares, Incorporated, a Louisiana corporation ("Union"), a single bank holding company headquartered in Marksville, Louisiana and its wholly owned subsidiary, Union Bank for $43.4 million in cash. This acquisition allowed First Guaranty to expand its presence into the Central Louisiana market area. The purchase price resulted in approximately $9.6 million in goodwill and $4.2 million in core deposit intangible, none of which is deductible for tax purposes. First Guaranty accounts for business combinations under the acquisition method in accordance with ASC Topic 805, Business Combinations. Accordingly, for each transaction, the purchase price is allocated to the fair value of the assets acquired and liabilities assumed as of the date of the acquisition. In conjunction with the adoption of ASU 2015-16, upon receipt of final fair value estimates during the measurement period, which must be within one year of the acquisition date, First Guaranty records any adjustments to the preliminary fair value estimates in the reporting period in which the adjustments are determined. First Guaranty is continuing to finalize the purchase price allocations related to the Union acquisition. Based on management's preliminary valuation of tangible and intangible assets acquired and liabilities assumed, the purchase price for the Union acquisition is allocated in the table below. These allocations are subject to change. (in thousands) Union Bancshares, Incorporated Cash and due from banks $ 20,058 Securities available for sale 38,813 Loans 184,025 Premises and equipment 7,223 Goodwill 9,599 Intangible assets 4,213 Other real estate 1,595 Other assets 9,486 Total assets acquired $ 275,012 Deposits 204,979 FHLB borrowings 16,617 Repurchase agreements 6,863 Other liabilities 3,170 Total liabilities assumed $ 231,629 Net assets acquired $ 43,383

Securities

Securities	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Securities	Securities A summary comparison of securities by type at June 30, 2020 and December 31, 2019 is shown below. June 30, 2020 December 31, 2019 (in thousands) Amortized Cost Gross Gross Fair Value Amortized Cost Gross Unrealized Gains Gross Fair Value Available for sale: U.S. Treasuries $ 47,700 $ — $ — $ 47,700 $ — $ — $ — $ — U.S. Government Agencies 45 — — 45 16,380 15 (2) 16,393 Corporate debt securities 196,750 8,131 (1,685) 203,196 94,561 1,110 (302) 95,369 Municipal bonds 31,762 1,860 — 33,622 30,297 1,870 (14) 32,153 Collateralized mortgage obligations 6,508 146 (7) 6,647 16,400 40 (43) 16,397 Mortgage-backed securities 154,896 4,435 (3) 159,328 179,546 317 (238) 179,625 Total available for sale securities $ 437,661 $ 14,572 $ (1,695) $ 450,538 $ 337,184 $ 3,352 $ (599) $ 339,937 Held to maturity: U.S. Government Agencies $ — $ — $ — $ — $ 18,175 $ — $ (32) $ 18,143 Municipal bonds — — — — 5,107 182 — 5,289 Mortgage-backed securities — — — — 63,297 200 (112) 63,385 Total held to maturity securities $ — $ — $ — $ — $ 86,579 $ 382 $ (144) $ 86,817 First Guaranty sold securities in the held to maturity portfolio in the first quarter of 2020 in order to manage its interest rate and liquidity risk due to changes in economic conditions. First Guaranty sold $18.2 million in U.S. Government agency securities, $13.5 million in mortgage-backed securities and $0.2 million in municipal securities. The total gain on the sale of these securities was $0.1 million. First Guaranty terminated its held to maturity portfolio after these sales. The scheduled maturities of securities at June 30, 2020, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to calls or prepayments. Mortgage-backed securities are not due at a single maturity because of amortization and potential prepayment of the underlying mortgages. For this reason they are presented separately in the maturity table below. At June 30, 2020 (in thousands) Amortized Cost Fair Value Available for sale: Due in one year or less $ 68,729 $ 68,917 Due after one year through five years 80,864 84,213 Due after five years through 10 years 110,778 114,972 Over 10 years 15,886 16,461 Subtotal 276,257 284,563 Collateralized mortgage obligations 6,508 6,647 Mortgage-backed securities 154,896 159,328 Total available for sale securities $ 437,661 $ 450,538 Held to maturity: Due in one year or less $ — $ — Due after one year through five years — — Due after five years through 10 years — — Over 10 years — — Subtotal — — Mortgage-backed securities — — Total held to maturity securities $ — $ — At June 30, 2020, $226.2 million of First Guaranty's securities were pledged to secure public funds deposits and borrowings. The pledged securities had a market value of $226.2 million as of June 30, 2020. The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at June 30, 2020. At June 30, 2020 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries 4 $ 47,700 $ — — $ — $ — 4 $ 47,700 $ — U.S. Government Agencies — — — — — — — — — Corporate debt securities 56 31,127 (1,290) 8 1,607 (395) 64 32,734 (1,685) Municipal bonds — — — — — — — — — Collateralized mortgage obligations 3 1,325 (7) — — — 3 1,325 (7) Mortgage-backed securities 9 209 (3) — — — 9 209 (3) Total available for sale securities 72 $ 80,361 $ (1,300) 8 $ 1,607 $ (395) 80 $ 81,968 $ (1,695) Held to maturity: U.S. Government Agencies — $ — $ — — $ — $ — — $ — $ — Municipal bonds — — — — — — — — — Mortgage-backed securities — — — — — — — — — Total held to maturity securities — $ — $ — — $ — $ — — $ — $ — The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at December 31, 2019. At December 31, 2019 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — — $ — $ — — $ — $ — U.S. Government Agencies 1 4,398 (1) 1 149 (1) 2 4,547 (2) Corporate debt securities 42 21,269 (174) 12 3,184 (128) 54 24,453 (302) Municipal bonds 9 4,285 (14) — — — 9 4,285 (14) Collateralized mortgage obligations 12 10,022 (43) — — — 12 10,022 (43) Mortgage-backed securities 57 91,753 (186) 9 12,121 (52) 66 103,874 (238) Total available for sale securities 121 $ 131,727 $ (418) 22 $ 15,454 $ (181) 143 $ 147,181 $ (599) Held to maturity: U.S. Government Agencies 2 $ 2,177 $ (2) 8 $ 15,965 $ (30) 10 $ 18,142 $ (32) Municipal bonds — — — 1 50 — 1 50 — Mortgage-backed securities 7 8,880 (58) 10 11,343 (54) 17 20,223 (112) Total held to maturity securities 9 $ 11,057 $ (60) 19 $ 27,358 $ (84) 28 $ 38,415 $ (144) As of June 30, 2020, 80 of First Guaranty's debt securities had unrealized losses totaling 2.0% of the individual securities' amortized cost basis and 0.4% of First Guaranty's total amortized cost basis of the investment securities portfolio. Eight of the 80 securities had been in a continuous loss position for over 12 months at such date. The eight securities had an aggregate amortized cost basis of $2.0 million and an unrealized loss of $0.4 million at June 30, 2020. Management has the intent and ability to hold these debt securities until maturity or until anticipated recovery. Securities are evaluated for other-than-temporary impairment at least quarterly and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, (iii) the recovery of contractual principal and interest and (iv) the intent and ability of First Guaranty to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Investment securities issued by the U.S. Government and Government sponsored enterprises with unrealized losses and the amount of unrealized losses on those investment securities that are the result of changes in market interest rates will not be other-than-temporarily impaired. First Guaranty has the ability and intent to hold these securities until recovery, which may not be until maturity. Corporate debt securities in a loss position consist primarily of corporate bonds issued by businesses in the financial, insurance, utility, manufacturing, industrial, consumer products and oil and gas industries. There was one security with an other-than-temporary impairment loss at June 30, 2020. First Guaranty believes that the remaining issuers will be able to fulfill the obligations of these securities based on evaluations described above. First Guaranty has the ability and intent to hold these securities until they recover, which could be at their maturity dates. There was one other-than-temporary impairment loss of $50,000 recognized on securities during the six months ended June 30, 2020. The security had an original book balance of $0.1 million and is not currently in default. First Guaranty's analysis of the company and the current market value of the security resulted in the determination that a write down was warranted. The following table presents a roll-forward of the amount of credit losses on debt securities held by First Guaranty for which a portion of OTTI was recognized in other comprehensive income for the six months ended June 30, 2020 and 2019: (in thousands) Six Months Ended Six Months Ended Beginning balance of credit losses at end of prior year $ — $ 60 Other-than-temporary impairment credit losses on securities not previously OTTI 50 — Increases for additional credit losses on securities previously determined to be OTTI — — Reduction for increases in cash flows — — Reduction due to credit impaired securities sold or fully settled — (60) Ending balance of cumulative credit losses recognized in earnings at end of period $ 50 $ — In the first six months of 2020 there was no other-than-temporary impairment credit losses on securities for which we had previously recognized OTTI. For securities that have indications of credit related impairment, management analyzes future expected cash flows to determine if any credit related impairment is evident. Estimated cash flows are determined using management's best estimate of future cash flows based on specific assumptions. The assumptions used to determine the cash flows were based on estimates of loss severity and credit default probabilities. Management reviews reports from credit rating agencies and public filings of issuers. At June 30, 2020, First Guaranty's exposure to bond issuers that exceeded 10% of shareholders' equity is below: At June 30, 2020 (in thousands) Amortized Cost Fair Value U.S. Government Treasuries (U.S.) $ 47,700 $ 47,700 Federal Home Loan Bank (FHLB) — — Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 66,382 68,304 Federal National Mortgage Association (Fannie Mae-FNMA) 86,039 88,478 Federal Farm Credit Bank (FFCB) — — Total $ 200,121 $ 204,482

Loans

Loans	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Loans	Loans The following table summarizes the components of First Guaranty's loan portfolio as of June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 128,051 7.8 % $ 172,247 11.3 % Farmland 25,691 1.6 % 22,741 1.5 % 1- 4 Family 283,162 17.2 % 289,635 18.9 % Multifamily 25,997 1.6 % 23,973 1.6 % Non-farm non-residential 671,969 40.8 % 616,536 40.3 % Total Real Estate 1,134,870 69.0 % 1,125,132 73.6 % Non-Real Estate: Agricultural 33,884 2.0 % 26,710 1.8 % Commercial and industrial 366,413 22.3 % 268,256 17.5 % Consumer and other 111,293 6.7 % 108,868 7.1 % Total Non-Real Estate 511,590 31.0 % 403,834 26.4 % Total Loans Before Unearned Income 1,646,460 100.0 % 1,528,966 100.0 % Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490 The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of June 30, 2020 and December 31, 2019 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. June 30, 2020 December 31, 2019 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 180,487 $ 111,636 $ 292,123 $ 205,596 $ 104,859 $ 310,455 More than one to five years 635,673 293,018 928,691 509,455 286,131 795,586 More than five to 15 years 90,319 102,165 192,484 147,502 65,713 213,215 Over 15 years 141,141 70,267 211,408 143,695 51,612 195,307 Subtotal $ 1,047,620 $ 577,086 1,624,706 $ 1,006,248 $ 508,315 1,514,563 Nonaccrual loans 21,754 14,403 Total Loans Before Unearned Income 1,646,460 1,528,966 Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490 As of June 30, 2020, $257.8 million of floating rate loans were at their interest rate floor. At December 31, 2019, $153.3 million of floating rate loans were at the interest rate floor. Nonaccrual loans have been excluded from these totals. The following tables present the age analysis of past due loans at June 30, 2020 and December 31, 2019: As of June 30, 2020 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 248 $ 1,278 $ 1,526 $ 126,525 $ 128,051 $ 311 Farmland 3,539 939 4,478 21,213 25,691 53 1- 4 family 7,177 7,832 15,009 268,153 283,162 2,088 Multifamily 832 — 832 25,165 25,997 — Non-farm non-residential 1,531 13,301 14,832 657,137 671,969 5,219 Total Real Estate 13,327 23,350 36,677 1,098,193 1,134,870 7,671 Non-Real Estate: Agricultural 892 5,227 6,119 27,765 33,884 332 Commercial and industrial 658 1,672 2,330 364,083 366,413 763 Consumer and other 479 334 813 110,480 111,293 63 Total Non-Real Estate 2,029 7,233 9,262 502,328 511,590 1,158 Total Loans Before Unearned Income $ 15,356 $ 30,583 $ 45,939 $ 1,600,521 $ 1,646,460 $ 8,829 Unearned income (5,737) Total Loans Net of Unearned Income $ 1,640,723 As of December 31, 2019 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 760 $ 429 $ 1,189 $ 171,058 $ 172,247 $ 48 Farmland 6 1,274 1,280 21,461 22,741 — 1- 4 family 8,521 3,682 12,203 277,432 289,635 923 Multifamily — — — 23,973 23,973 — Non-farm non-residential 11,279 6,249 17,528 599,008 616,536 1,603 Total Real Estate 20,566 11,634 32,200 1,092,932 1,125,132 2,574 Non-Real Estate: Agricultural 310 4,800 5,110 21,600 26,710 — Commercial and industrial 2,801 342 3,143 265,113 268,256 15 Consumer and other 794 266 1,060 107,808 108,868 50 Total Non-Real Estate 3,905 5,408 9,313 394,521 403,834 65 Total Loans Before Unearned Income $ 24,471 $ 17,042 $ 41,513 $ 1,487,453 $ 1,528,966 $ 2,639 Unearned income (3,476) Total Loans Net of Unearned Income $ 1,525,490 The tables above include $21.8 million and $14.4 million of nonaccrual loans at June 30, 2020 and December 31, 2019, respectively. See the tables below for more detail on nonaccrual loans. The following is a summary of nonaccrual loans by class at the dates indicated: (in thousands) As of June 30, 2020 As of December 31, 2019 Real Estate: Construction & land development $ 968 $ 381 Farmland 886 1,274 1- 4 family 5,744 2,759 Multifamily — — Non-farm non-residential 8,082 4,646 Total Real Estate 15,680 9,060 Non-Real Estate: Agricultural 4,895 4,800 Commercial and industrial 908 327 Consumer and other 271 216 Total Non-Real Estate 6,074 5,343 Total Nonaccrual Loans $ 21,754 $ 14,403 The following table identifies the credit exposure of the loan portfolio, including loans acquired with deteriorated credit quality, by specific credit ratings as of the dates indicated: As of June 30, 2020 As of December 31, 2019 (in thousands) Pass Special Mention Substandard Doubtful Total Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 121,315 $ 5,367 $ 1,369 $ — $ 128,051 $ 163,808 $ 6,180 $ 2,259 $ — $ 172,247 Farmland 21,124 3,646 921 — 25,691 18,223 3,177 1,341 — 22,741 1- 4 family 263,888 5,131 14,143 — 283,162 271,392 4,751 13,492 — 289,635 Multifamily 17,994 — 8,003 — 25,997 16,025 805 7,143 — 23,973 Non-farm 642,160 6,309 23,500 — 671,969 589,800 7,743 18,993 — 616,536 Total Real Estate 1,066,481 20,453 47,936 — 1,134,870 1,059,248 22,656 43,228 — 1,125,132 Non-Real Estate: Agricultural 27,710 954 5,220 — 33,884 21,529 48 5,133 — 26,710 Commercial 360,220 1,763 4,430 — 366,413 262,416 1,199 4,641 — 268,256 Consumer and other 110,711 226 356 — 111,293 108,618 180 70 — 108,868 Total Non-Real Estate 498,641 2,943 10,006 — 511,590 392,563 1,427 9,844 — 403,834 Total Loans Before Unearned Income $ 1,565,122 $ 23,396 $ 57,942 $ — 1,646,460 $ 1,451,811 $ 24,083 $ 53,072 $ — 1,528,966 Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490 Purchased Impaired Loans As part of the acquisition of Union Bancshares, Incorporated on November 7, 2019 and Premier Bancshares, Inc. on June 16, 2017, First Guaranty purchased credit impaired loans for which there was, at acquisition, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows at June 30, 2020 and December 31, 2019. (in thousands) As of June 30, 2020 As of December 31, 2019 Real Estate: Construction & land development $ 306 $ 526 Farmland — — 1- 4 family 6,476 6,402 Multifamily — — Non-farm non-residential 2,308 2,294 Total Real Estate 9,090 9,222 Non-Real Estate: Agricultural — — Commercial and industrial 1,086 1,198 Consumer and other — — Total Non-Real Estate 1,086 1,198 Total $ 10,176 $ 10,420 For those purchased loans disclosed above, there was no allowance for loan losses at June 30, 2020 or December 31, 2019. Where First Guaranty can reasonably estimate the cash flows expected to be collected on the loans, a portion of the purchase discount is allocated to an accretable yield adjustment based upon the present value of the future estimated cash flows versus the current carrying value of the loan and the accretable yield portion is being recognized as interest income over the remaining life of the loan. Where First Guaranty cannot reasonably estimate the cash flows expected to be collected on the loans, it has decided to account for those loans using the cost recovery method of income recognition. As such, no portion of a purchase discount adjustment has been determined to meet the definition of an accretable yield adjustment on those loans accounted for using the cost recovery method. If, in the future, cash flows from the borrower(s) can be reasonably estimated, a portion of the purchase discount would be allocated to an accretable yield adjustment based upon the present value of the future estimated cash flows versus the current carrying value of the loan and the accretable yield portion would be recognized as interest income over the remaining life of the loan. Until such accretable yield can be calculated, under the cost recovery method of income recognition, all payments will be used to reduce the carrying value of the loan and no income will be recognized on the loan until the carrying value is reduced to zero. The accretable yield, or income expected to be collected, on the purchased loans above is as follows for the six months ended June 30, 2020 and 2019. (in thousands) Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 Balance, beginning of period $ 3,647 $ 613 Acquisition accretable yield 30 — Accretion (374) (699) Net transfers from nonaccretable difference to accretable yield — 498 Balance, end of period $ 3,303 $ 412

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Allowance for Loan Losses	Allowance for Loan Losses A summary of changes in the allowance for loan losses, by portfolio type, for the six months ended June 30, 2020 and 2019 are as follows: For the Six Months Ended June 30, 2020 2019 (in thousands) Beginning Charge-offs Recoveries Provision Ending Beginning Charge-offs Recoveries Provision Ending Real Estate: Construction & land development $ 423 $ — $ — $ 194 $ 617 $ 581 $ — $ — $ 98 $ 679 Farmland 50 — — 10 60 41 — — 7 48 1- 4 family 1,027 (32) 29 190 1,214 911 (522) 31 303 723 Multifamily 1,038 — — (292) 746 1,318 — — 32 1,350 Non-farm 5,277 — 15 2,546 7,838 4,771 (845) 4 585 4,515 Total Real Estate 7,815 (32) 44 2,648 10,475 7,622 (1,367) 35 1,025 7,315 Non-Real Estate: Agricultural 95 (45) — 72 122 339 — — 161 500 Commercial 1,909 (180) 10 265 2,004 1,909 (343) 16 499 2,081 Consumer and other 1,110 (367) 577 (134) 1,186 891 (748) 118 736 997 Unallocated — — — 230 230 15 — — — 15 Total Non-Real Estate 3,114 (592) 587 433 3,542 3,154 (1,091) 134 1,396 3,593 Total $ 10,929 $ (624) $ 631 $ 3,081 $ 14,017 $ 10,776 $ (2,458) $ 169 $ 2,421 $ 10,908 Negative provisions are caused by changes in the composition and credit quality of the loan portfolio and by recoveries. The result is an allocation of the loan loss reserve from one category to another. A summary of the allowance and loans, including loans acquired with deteriorated credit quality, individually and collectively evaluated for impairment are as follows: As of June 30, 2020 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ 234 $ — $ 383 $ 617 $ 539 $ 306 $ 127,206 $ 128,051 Farmland — — 60 60 543 — 25,148 25,691 1- 4 family 63 — 1,151 1,214 1,150 6,476 275,536 283,162 Multifamily — — 746 746 — — 25,997 25,997 Non-farm 2,769 — 5,069 7,838 16,273 2,308 653,388 671,969 Total Real Estate 3,066 — 7,409 10,475 18,505 9,090 1,107,275 1,134,870 Non-Real Estate: Agricultural — — 122 122 4,030 — 29,854 33,884 Commercial and industrial 106 — 1,898 2,004 1,940 1,086 363,387 366,413 Consumer and other — — 1,186 1,186 — — 111,293 111,293 Unallocated — — 230 230 — — — — Total Non-Real Estate 106 — 3,436 3,542 5,970 1,086 504,534 511,590 Total $ 3,172 $ — $ 10,845 $ 14,017 $ 24,475 $ 10,176 $ 1,611,809 1,646,460 Unearned Income (5,737) Total Loans Net of Unearned Income $ 1,640,723 As of December 31, 2019 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ — $ — $ 423 $ 423 $ — $ 526 $ 171,721 $ 172,247 Farmland — — 50 50 543 — 22,198 22,741 1- 4 family 34 — 993 1,027 1,058 6,402 282,175 289,635 Multifamily — — 1,038 1,038 — — 23,973 23,973 Non-farm non-residential 1,879 — 3,398 5,277 12,120 2,294 602,122 616,536 Total Real Estate 1,913 — 5,902 7,815 13,721 9,222 1,102,189 1,125,132 Non-Real Estate: Agricultural — — 95 95 4,030 — 22,680 26,710 Commercial and industrial 111 — 1,798 1,909 2,981 1,198 264,077 268,256 Consumer and other — — 1,110 1,110 — — 108,868 108,868 Unallocated — — — — — — — — Total Non-Real Estate 111 — 3,003 3,114 7,011 1,198 395,625 403,834 Total $ 2,024 $ — $ 8,905 $ 10,929 $ 20,732 $ 10,420 $ 1,497,814 1,528,966 Unearned Income (3,476) Total loans net of unearned income $ 1,525,490 A loan is considered impaired when, based on current information and events, it is probable that First Guaranty will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Payment status, collateral value and the probability of collecting scheduled principal and interest payments when due are considered in evaluating loan impairment. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. The following is a summary of impaired loans, excluding loans acquired with deteriorated credit quality, by class as of the date indicated: As of June 30, 2020 (in thousands) Recorded Unpaid Related Average Interest Income Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ — $ — $ — $ — $ — $ — Farmland 543 552 — 543 — — 1- 4 family 527 527 — 536 — — Multifamily — — — — — — Non-farm non-residential 6,095 6,095 — 6,118 137 44 Total Real Estate 7,165 7,174 — 7,197 137 44 Non-Real Estate: Agricultural 4,030 4,186 — 4,030 — — Commercial and industrial 951 951 — 952 27 23 Consumer and other — — — — — — Total Non-Real Estate 4,981 5,137 — 4,982 27 23 Total Impaired Loans with no related allowance 12,146 12,311 — 12,179 164 67 Impaired Loans with an allowance recorded: Real Estate: Construction & land development 539 539 234 538 6 — Farmland — — — — — — 1- 4 family 623 623 63 602 — — Multifamily — — — — — — Non-farm non-residential 10,178 10,527 2,769 10,736 225 277 Total Real Estate 11,340 11,689 3,066 11,876 231 277 Non-Real Estate: Agricultural — — — — — — Commercial and industrial 989 989 106 994 32 15 Consumer and other — — — — — — Total Non-Real Estate 989 989 106 994 32 15 Total Impaired Loans with an allowance recorded 12,329 12,678 3,172 12,870 263 292 Total Impaired Loans $ 24,475 $ 24,989 $ 3,172 $ 25,049 $ 427 $ 359 As of December 31, 2019 (in thousands) Recorded Unpaid Related Average Interest Income Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ — $ — $ — $ — $ — $ — Farmland 543 552 — 550 — — 1- 4 family 541 541 — 544 27 22 Multifamily — — — — — — Non-farm non-residential 8,307 8,307 — 9,940 673 688 Total Real Estate 9,391 9,400 — 11,034 700 710 Non-Real Estate: Agricultural 4,030 4,186 — 4,031 12 — Commercial and industrial 1,962 1,962 — 1,788 81 67 Consumer and other — — — — — — Total Non-Real Estate 5,992 6,148 — 5,819 93 67 Total Impaired Loans with no related allowance 15,383 15,548 — 16,853 793 777 Impaired Loans with an allowance recorded: Real Estate: Construction & land development — — — — — — Farmland — — — — — — 1- 4 family 517 517 34 522 — — Multifamily — — — — — — Non-farm non-residential 3,813 4,162 1,879 4,134 194 212 Total Real Estate 4,330 4,679 1,913 4,656 194 212 Non-Real Estate: Agricultural — — — — — — Commercial and industrial 1,019 1,019 111 1,039 81 77 Consumer and other — — — — — — Total Non-Real Estate 1,019 1,019 111 1,039 81 77 Total Impaired Loans with an allowance recorded 5,349 5,698 2,024 5,695 275 289 Total Impaired Loans $ 20,732 $ 21,246 $ 2,024 $ 22,548 $ 1,068 $ 1,066 Troubled Debt Restructurings A troubled debt restructuring ("TDR") is considered such if the lender for economic or legal reasons related to the debtor's financial difficulties grants a concession to the debtor that it would not otherwise consider. The modifications to First Guaranty's TDRs are generally concessions on either the interest rate charged or the amortization. The effect of the modifications to First Guaranty would be a reduction in interest income. First Guaranty has not restructured any loans that are considered TDRs in the six months ended June 30, 2020. At June 30, 2020 and at December 31, 2019, First Guaranty had no outstanding TDRs.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and intangible assets deemed to have indefinite lives are no longer amortized, but are subject to impairment testing. Other intangible assets continue to be amortized over their useful lives. First Guaranty's goodwill is the difference in purchase price over the fair value of net assets acquired from its acquisition of Homestead Bancorp in 2007, Premier Bancshares, Inc. in 2017 and Union Bancshares, Incorporated in 2019. Goodwill totaled $13.1 million at June 30, 2020, and increase of $0.1 million, or 1.0%, compared to $12.9 million at December 31, 2019. No impairment charges have been recognized on First Guaranty's intangible assets since acquisition. Loan servicing assets increased $0.1 million to $0.8 million at June 30, 2020 compared to December 31, 2019. Other intangible assets recorded include core deposit intangibles, which are subject to amortization. The weighted-average amortization period remaining for First Guaranty's core deposit intangibles is 10.4 years at June 30, 2020. The core deposits intangible reflect the value of deposit relationships, including the beneficial rates, which arose from acquisitions. In accordance with ASC Topic 350, Intangibles - Goodwill and Other, during the second quarter of 2020, we evaluated recent potential triggering events that might be indicators that our goodwill was impaired. The events include, among others, the economic disruption and uncertainty surrounding the COVID-19 pandemic and the significant decline in our stock price. Based on our evaluation, we concluded that our goodwill was not impaired as of June 30, 2020.

Other Real Estate (ORE)

Other Real Estate (ORE)	6 Months Ended
	Jun. 30, 2020
Real Estate [Abstract]
Other Real Estate (ORE)	Other Real Estate (ORE) Other real estate owned consists of the following at the dates indicated: (in thousands) June 30, 2020 December 31, 2019 Real Estate Owned Acquired by Foreclosure: Residential $ 146 $ 559 Construction & land development 607 669 Non-farm non-residential 3,441 3,651 Total Other Real Estate Owned and Foreclosed Property $ 4,194 $ 4,879

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Off-balance sheet commitments First Guaranty is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit and standby and commercial letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The contract or notional amounts of those instruments reflect the extent of the involvement in particular classes of financial instruments. The exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby and commercial letters of credit is represented by the contractual notional amount of those instruments. The same credit policies are used in making commitments and conditional obligations as it does for balance sheet instruments. Unless otherwise noted, collateral or other security is not required to support financial instruments with credit risk. Below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at June 30, 2020 and December 31, 2019: Contract Amount (in thousands) June 30, 2020 December 31, 2019 Commitments to Extend Credit $ 138,214 $ 117,826 Unfunded Commitments under lines of credit $ 179,677 $ 148,127 Commercial and Standby letters of credit $ 9,893 $ 11,258 First Guaranty currently has one new facility under construction with a total construction commitment of $10.1 million of which $9.1 million has been incurred as of June 30, 2020. Litigation The nature of First Guaranty's business ordinarily results in a certain amount of claims, litigation and legal and administrative cases, all of which are considered incidental to the normal conduct of business. When First Guaranty determines it has defenses to the claims asserted, it defends itself. First Guaranty will consider settlement of cases when it is in the best interests of both First Guaranty and its shareholders. While the final outcome of legal proceedings is inherently uncertain, based on information currently available as of June 30, 2020, any incremental liability arising from First Guaranty's legal proceedings in excess of any liability accrued will not have a material adverse effect on First Guaranty's financial position or results of operations.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs – Unadjusted quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds or credit risks) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs – Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity's own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. A description of the valuation methodologies used for instruments measured at fair value follows, as well as the classification of such instruments within the valuation hierarchy. Securities available for sale. Securities are classified within Level 1 where quoted market prices are available in an active market. Inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are unavailable, fair value is estimated using quoted prices of securities with similar characteristics, at which point the securities would be classified within Level 2 of the hierarchy. Securities classified within Level 3 in First Guaranty's portfolio as of June 30, 2020 includes corporate debt and municipal securities. Impaired loans. Loans are measured for impairment using the methods permitted by ASC Topic 310. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Other real estate owned. Properties are recorded at the balance of the loan or at estimated fair value less estimated selling costs, whichever is less, at the date acquired. Fair values of other real estate owned ("OREO") are determined by sales agreement or appraisal, and costs to sell are based on estimation per the terms and conditions of the sales agreement or amounts commonly used in real estate transactions. Inputs include appraisal values or recent sales activity for similar assets in the property's market; thus OREO measured at fair value would be classified within either Level 2 or Level 3 of the hierarchy. Certain non-financial assets and non-financial liabilities are measured at fair value on a non-recurring basis including assets and liabilities related to reporting units measured at fair value in the testing of goodwill impairment, as well as intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. The following table summarizes financial assets measured at fair value on a recurring basis as of June 30, 2020 and December 31, 2019, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) June 30, 2020 December 31, 2019 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 47,700 $ — Level 2: Significant Other Observable Inputs 390,024 330,539 Level 3: Significant Unobservable Inputs 12,814 9,398 Securities available for sale measured at fair value $ 450,538 $ 339,937 First Guaranty's valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While the methodologies used are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value. The change in Level 1 securities available for sale from December 31, 2019 to June 30, 2020 was due to a net increase in Treasury bills of $47.7 million. The change in Level 2 securities available for sale from December 31, 2019 to June 30, 2020 was due principally to transfer of mortgage-backed and municipal securities from the held for sale to available for sale portfolio. There were no transfers between Level 1 and 2 securities available for sale from December 31, 2019 to June 30, 2020. The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs (Level 3) : Level 3 Changes (in thousands) June 30, 2020 Balance, beginning of year $ 9,398 Total gains or losses (realized/unrealized): Included in earnings — Included in other comprehensive income (211) Purchases, sales, issuances and settlements, net 3,627 Transfers in and/or out of Level 3 — Balance as of end of period $ 12,814 There were no gains or losses for the period included in earnings attributable to the change in unrealized gains or losses related to assets still held as of June 30, 2020. The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of June 30, 2020 and December 31, 2019, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At June 30, 2020 At December 31, 2019 Impaired Loans - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs — — Level 3: Significant Unobservable Inputs 9,879 4,046 Impaired loans measured at fair value $ 9,879 $ 4,046 Other Real Estate Owned - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs 3,432 4,158 Level 3: Significant Unobservable Inputs 762 721 Other real estate owned measured at fair value $ 4,194 $ 4,879 ASC 825-10 provides First Guaranty with an option to report selected financial assets and liabilities at fair value. The fair value option established by this statement permits First Guaranty to choose to measure eligible items at fair value at specified election dates and report unrealized gains and losses on items for which the fair value option has been elected in earnings at each reporting date subsequent to implementation. First Guaranty has chosen not to elect the fair value option for any items that are not already required to be measured at fair value in accordance with accounting principles generally accepted in the United States.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2020
Financial Instruments, Owned, at Fair Value [Abstract]
Financial Instruments	Financial Instruments Fair value estimates are generally subjective in nature and are dependent upon a number of significant assumptions associated with each instrument or group of similar instruments, including estimates of discount rates, risks associated with specific financial instruments, estimates of future cash flows and relevant available market information. Fair value information is intended to represent an estimate of an amount at which a financial instrument could be exchanged in a current transaction between a willing buyer and seller engaging in an exchange transaction. However, since there are no established trading markets for a significant portion of First Guaranty's financial instruments, First Guaranty may not be able to immediately settle financial instruments; as such, the fair values are not necessarily indicative of the amounts that could be realized through immediate settlement. In addition, the majority of the financial instruments, such as loans and deposits, are held to maturity and are realized or paid according to the contractual agreement with the customer. Quoted market prices are used to estimate fair values when available. However, due to the nature of the financial instruments, in many instances quoted market prices are not available. Accordingly, estimated fair values have been estimated based on other valuation techniques, such as discounting estimated future cash flows using a rate commensurate with the risks involved or other acceptable methods. Fair values are estimated without regard to any premium or discount that may result from concentrations of ownership of financial instruments, possible income tax ramifications or estimated transaction costs. The fair value estimates are subjective in nature and involve matters of significant judgment and, therefore, cannot be determined with precision. Fair values are also estimated at a specific point in time and are based on interest rates and other assumptions at that date. As events change the assumptions underlying these estimates, the fair values of financial instruments will change. Disclosure of fair values is not required for certain items such as lease financing, investments accounted for under the equity method of accounting, obligations of pension and other postretirement benefits, premises and equipment, other real estate, prepaid expenses, the value of long-term relationships with depositors (core deposit intangibles) and other customer relationships, other intangible assets and income tax assets and liabilities. Fair value estimates are presented for existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. In addition, the tax ramifications related to the realization of the unrealized gains and losses have not been considered in the estimates. Accordingly, the aggregate fair value amounts presented do not purport to represent and should not be considered representative of the underlying market or franchise value of First Guaranty. Because the standard permits many alternative calculation techniques and because numerous assumptions have been used to estimate the fair values, reasonable comparison of the fair value information with other financial institutions' fair value information cannot necessarily be made. The methods and assumptions used to estimate the fair values of financial instruments are as follows: Cash and due from banks, interest-bearing deposits with banks, federal funds sold and federal funds purchased. These items are generally short-term and the carrying amounts reported in the consolidated balance sheets are a reasonable estimation of the fair values. Investment Securities. Fair values are principally based on quoted market prices. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments or the use of discounted cash flow analyses. Loans Held for Sale. Fair values of mortgage loans held for sale are based on commitments on hand from investors or prevailing market prices. These loans are classified within level 3 of the fair value hierarchy. Loans, net. Market values are computed present values using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. These loans are classified within level 3 of the fair value hierarchy. Impaired loans. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Accrued interest receivable. The carrying amount of accrued interest receivable approximates its fair value. Deposits. The fair value of demand deposits, savings and interest-bearing demand deposits is the amount payable on demand. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. Deposits are classified within level 3 of the fair value hierarchy. Accrued interest payable. The carrying amount of accrued interest payable approximates its fair value. Borrowings. The carrying amount of federal funds purchased and other short-term borrowings approximate their fair values. The fair value of First Guaranty's long-term borrowings is computed using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. Borrowings are classified within level 3 of the fair value hierarchy. Other Unrecognized Financial Instruments. The fair value of commitments to extend credit is estimated using the fees charged to enter into similar legally binding agreements, taking into account the remaining terms of the agreements and customers' credit ratings. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. Noninterest-bearing deposits are held at cost. The fair values of letters of credit are based on fees charged for similar agreements or on estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. At June 30, 2020 and December 31, 2019 the fair value of guarantees under commercial and standby letters of credit was not material. The carrying amounts and estimated fair values of financial instruments at June 30, 2020 were as follows: Fair Value Measurements at June 30, 2020 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 236,365 $ 236,365 $ — $ — $ 236,365 Federal funds sold 778 778 — — 778 Securities, available for sale 450,538 47,700 390,024 12,814 450,538 Loans held for sale 280 — — 280 280 Loans, net 1,626,706 — — 1,657,356 1,657,356 Cash surrender value of BOLI 5,322 — — 5,322 5,322 Accrued interest receivable 16,339 — — 16,339 16,339 Liabilities Deposits $ 2,120,998 $ — $ — $ 2,141,119 2,141,119 Short-term advances from Federal Home Loan Bank 50,000 — — 50,000 50,000 Repurchase agreements 6,569 — — 6,569 6,569 Accrued interest payable 5,377 — — 5,377 5,377 Long-term advances from Federal Home Loan Bank 3,443 — — 3,443 3,443 Senior long-term debt 45,470 — — 45,504 45,504 Junior subordinated debentures 14,757 — — 15,149 15,149 The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows: Fair Value Measurements at December 31, 2019 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 66,511 $ 66,511 $ — $ — $ 66,511 Federal funds sold 914 914 — — 914 Securities, available for sale 339,937 — 330,539 9,398 339,937 Securities, held for maturity 86,579 — 86,817 — 86,817 Loans, net 1,514,561 — — 1,515,277 1,515,277 Cash surrender value of BOLI 5,288 — — 5,288 5,288 Accrued interest receivable 8,412 — — 8,412 8,412 Liabilities Deposits $ 1,853,013 $ — $ — $ 1,863,179 1,863,179 Short-term advances from Federal Home Loan Bank 13,079 — — 13,079 13,079 Repurchase agreements 6,840 — — 6,840 6,840 Accrued interest payable 6,047 — — 6,047 6,047 Long-term advances from Federal Home Loan Bank 3,533 — — 3,533 3,533 Senior long-term debt 48,558 — — 48,599 48,599 Junior subordinated debentures 14,737 — — 14,762 14,762 There is no material difference between the contract amount and the estimated fair value of off-balance sheet items that are primarily comprised of short-term unfunded loan commitments that are generally at market prices.

COVID-19

COVID-19	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
COVID-19	COVID-19 The COVID-19 pandemic has caused significant economic dislocation in the United States as many state and local governments, including in Louisiana and Texas, have ordered businesses and individuals to modify their normal practices. This has resulted in an unprecedented slow-down in economic activity and a related increase in unemployment. Since the COVID-19 pandemic began, more than 30 million people have filed claims for unemployment, and the stock market has been volatile and in particular bank stocks have significantly declined in value. Certain industries have been particularly adversely affected, including the travel and hospitality industry, the restaurant industry and the retail industry. Finally, the spread of the coronavirus has caused us to modify our business practices, including employee travel, employee work locations, and cancellation of physical participation in meetings, events and conferences. As of July 31, 2020, both Louisiana and Texas are in a Phase 2 process for managing the pandemic which continues many limitations on how businesses must operate. First Guaranty continues to keep the majority of its locations open with certain modifications to our business practices. First Guaranty places a high priority on ensuring the safety and health of its customers and employees and has instituted social distancing protocols and enhanced cleaning measures as part of its operations. First Guaranty provided its employees with COVID-19 related financial bonuses and continues to provide support for employees working additional hours or relocated to alternative locations.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles. The consolidated financial statements and the footnotes of First Guaranty Bancshares, Inc. ("First Guaranty") thereto should be read in conjunction with the audited consolidated financial statements and note disclosures for First Guaranty previously filed with the Securities and Exchange Commission in First Guaranty's Annual Report on Form 10-K for the year ended December 31, 2019. The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc. and its wholly owned subsidiary First Guaranty Bank (the "Bank"). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary for a fair presentation of the consolidated financial statements. Those adjustments are of a normal recurring nature. The results of operations at June 30, 2020 and for the three and six month periods ended June 30, 2020 and 2019 are not necessarily indicative of the results expected for the full year or any other interim period. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities.
Recent Accounting Pronouncements	Recent Accounting PronouncementsIn June 2016, the FASB issued ASU 2016-13, "Financial Instruments- Credit Losses: Measurement of Credit Losses on Financial Instruments". This ASU amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. The ASU amendments require the measurement of all expected credit losses for financial assets held at the reporting date be based on historical experience, current conditions, and reasonable and supportable forecasts. The ASU requires assets held at cost basis to reflect the company's current estimate of all expected credit losses. For available for sale debt securities, credit losses should be presented as an allowance rather than as a write-down. In addition, this ASU amends the accounting for purchased financial assets with credit deterioration. On October 16, 2019, the FASB approved an effective date delay applicable to smaller reporting companies until fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. First Guaranty is a smaller reporting company and has delayed the adoption of ASU 2016-13.

Merger Transaction (Tables)

Merger Transaction (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	Based on management's preliminary valuation of tangible and intangible assets acquired and liabilities assumed, the purchase price for the Union acquisition is allocated in the table below. These allocations are subject to change. (in thousands) Union Bancshares, Incorporated Cash and due from banks $ 20,058 Securities available for sale 38,813 Loans 184,025 Premises and equipment 7,223 Goodwill 9,599 Intangible assets 4,213 Other real estate 1,595 Other assets 9,486 Total assets acquired $ 275,012 Deposits 204,979 FHLB borrowings 16,617 Repurchase agreements 6,863 Other liabilities 3,170 Total liabilities assumed $ 231,629 Net assets acquired $ 43,383

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Summary Comparison of Securities by Type	A summary comparison of securities by type at June 30, 2020 and December 31, 2019 is shown below. June 30, 2020 December 31, 2019 (in thousands) Amortized Cost Gross Gross Fair Value Amortized Cost Gross Unrealized Gains Gross Fair Value Available for sale: U.S. Treasuries $ 47,700 $ — $ — $ 47,700 $ — $ — $ — $ — U.S. Government Agencies 45 — — 45 16,380 15 (2) 16,393 Corporate debt securities 196,750 8,131 (1,685) 203,196 94,561 1,110 (302) 95,369 Municipal bonds 31,762 1,860 — 33,622 30,297 1,870 (14) 32,153 Collateralized mortgage obligations 6,508 146 (7) 6,647 16,400 40 (43) 16,397 Mortgage-backed securities 154,896 4,435 (3) 159,328 179,546 317 (238) 179,625 Total available for sale securities $ 437,661 $ 14,572 $ (1,695) $ 450,538 $ 337,184 $ 3,352 $ (599) $ 339,937 Held to maturity: U.S. Government Agencies $ — $ — $ — $ — $ 18,175 $ — $ (32) $ 18,143 Municipal bonds — — — — 5,107 182 — 5,289 Mortgage-backed securities — — — — 63,297 200 (112) 63,385 Total held to maturity securities $ — $ — $ — $ — $ 86,579 $ 382 $ (144) $ 86,817
Investments Classified by Contractual Maturity Date	For this reason they are presented separately in the maturity table below. At June 30, 2020 (in thousands) Amortized Cost Fair Value Available for sale: Due in one year or less $ 68,729 $ 68,917 Due after one year through five years 80,864 84,213 Due after five years through 10 years 110,778 114,972 Over 10 years 15,886 16,461 Subtotal 276,257 284,563 Collateralized mortgage obligations 6,508 6,647 Mortgage-backed securities 154,896 159,328 Total available for sale securities $ 437,661 $ 450,538 Held to maturity: Due in one year or less $ — $ — Due after one year through five years — — Due after five years through 10 years — — Over 10 years — — Subtotal — — Mortgage-backed securities — — Total held to maturity securities $ — $ —
Schedule of Unrealized Loss on Investments	The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at June 30, 2020. At June 30, 2020 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries 4 $ 47,700 $ — — $ — $ — 4 $ 47,700 $ — U.S. Government Agencies — — — — — — — — — Corporate debt securities 56 31,127 (1,290) 8 1,607 (395) 64 32,734 (1,685) Municipal bonds — — — — — — — — — Collateralized mortgage obligations 3 1,325 (7) — — — 3 1,325 (7) Mortgage-backed securities 9 209 (3) — — — 9 209 (3) Total available for sale securities 72 $ 80,361 $ (1,300) 8 $ 1,607 $ (395) 80 $ 81,968 $ (1,695) Held to maturity: U.S. Government Agencies — $ — $ — — $ — $ — — $ — $ — Municipal bonds — — — — — — — — — Mortgage-backed securities — — — — — — — — — Total held to maturity securities — $ — $ — — $ — $ — — $ — $ — The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at December 31, 2019. At December 31, 2019 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — — $ — $ — — $ — $ — U.S. Government Agencies 1 4,398 (1) 1 149 (1) 2 4,547 (2) Corporate debt securities 42 21,269 (174) 12 3,184 (128) 54 24,453 (302) Municipal bonds 9 4,285 (14) — — — 9 4,285 (14) Collateralized mortgage obligations 12 10,022 (43) — — — 12 10,022 (43) Mortgage-backed securities 57 91,753 (186) 9 12,121 (52) 66 103,874 (238) Total available for sale securities 121 $ 131,727 $ (418) 22 $ 15,454 $ (181) 143 $ 147,181 $ (599) Held to maturity: U.S. Government Agencies 2 $ 2,177 $ (2) 8 $ 15,965 $ (30) 10 $ 18,142 $ (32) Municipal bonds — — — 1 50 — 1 50 — Mortgage-backed securities 7 8,880 (58) 10 11,343 (54) 17 20,223 (112) Total held to maturity securities 9 $ 11,057 $ (60) 19 $ 27,358 $ (84) 28 $ 38,415 $ (144)
Credit Losses on Debt Securities for which Portion of OTTI Recognized in OCI	The following table presents a roll-forward of the amount of credit losses on debt securities held by First Guaranty for which a portion of OTTI was recognized in other comprehensive income for the six months ended June 30, 2020 and 2019: (in thousands) Six Months Ended Six Months Ended Beginning balance of credit losses at end of prior year $ — $ 60 Other-than-temporary impairment credit losses on securities not previously OTTI 50 — Increases for additional credit losses on securities previously determined to be OTTI — — Reduction for increases in cash flows — — Reduction due to credit impaired securities sold or fully settled — (60) Ending balance of cumulative credit losses recognized in earnings at end of period $ 50 $ —
Schedule of Exposure to Investment Securities Issuers that Exceeded 10% of Shareholders' Equity	At June 30, 2020, First Guaranty's exposure to bond issuers that exceeded 10% of shareholders' equity is below: At June 30, 2020 (in thousands) Amortized Cost Fair Value U.S. Government Treasuries (U.S.) $ 47,700 $ 47,700 Federal Home Loan Bank (FHLB) — — Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 66,382 68,304 Federal National Mortgage Association (Fannie Mae-FNMA) 86,039 88,478 Federal Farm Credit Bank (FFCB) — — Total $ 200,121 $ 204,482

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Summary of Components of Loan Portfolio	The following table summarizes the components of First Guaranty's loan portfolio as of June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 128,051 7.8 % $ 172,247 11.3 % Farmland 25,691 1.6 % 22,741 1.5 % 1- 4 Family 283,162 17.2 % 289,635 18.9 % Multifamily 25,997 1.6 % 23,973 1.6 % Non-farm non-residential 671,969 40.8 % 616,536 40.3 % Total Real Estate 1,134,870 69.0 % 1,125,132 73.6 % Non-Real Estate: Agricultural 33,884 2.0 % 26,710 1.8 % Commercial and industrial 366,413 22.3 % 268,256 17.5 % Consumer and other 111,293 6.7 % 108,868 7.1 % Total Non-Real Estate 511,590 31.0 % 403,834 26.4 % Total Loans Before Unearned Income 1,646,460 100.0 % 1,528,966 100.0 % Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490
Summary of Fixed and Floating Rate Loans by Contractual Maturity, Excluding Nonaccrual Loans	The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of June 30, 2020 and December 31, 2019 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. June 30, 2020 December 31, 2019 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 180,487 $ 111,636 $ 292,123 $ 205,596 $ 104,859 $ 310,455 More than one to five years 635,673 293,018 928,691 509,455 286,131 795,586 More than five to 15 years 90,319 102,165 192,484 147,502 65,713 213,215 Over 15 years 141,141 70,267 211,408 143,695 51,612 195,307 Subtotal $ 1,047,620 $ 577,086 1,624,706 $ 1,006,248 $ 508,315 1,514,563 Nonaccrual loans 21,754 14,403 Total Loans Before Unearned Income 1,646,460 1,528,966 Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490
Past due Financing Receivables	The following tables present the age analysis of past due loans at June 30, 2020 and December 31, 2019: As of June 30, 2020 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 248 $ 1,278 $ 1,526 $ 126,525 $ 128,051 $ 311 Farmland 3,539 939 4,478 21,213 25,691 53 1- 4 family 7,177 7,832 15,009 268,153 283,162 2,088 Multifamily 832 — 832 25,165 25,997 — Non-farm non-residential 1,531 13,301 14,832 657,137 671,969 5,219 Total Real Estate 13,327 23,350 36,677 1,098,193 1,134,870 7,671 Non-Real Estate: Agricultural 892 5,227 6,119 27,765 33,884 332 Commercial and industrial 658 1,672 2,330 364,083 366,413 763 Consumer and other 479 334 813 110,480 111,293 63 Total Non-Real Estate 2,029 7,233 9,262 502,328 511,590 1,158 Total Loans Before Unearned Income $ 15,356 $ 30,583 $ 45,939 $ 1,600,521 $ 1,646,460 $ 8,829 Unearned income (5,737) Total Loans Net of Unearned Income $ 1,640,723 As of December 31, 2019 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 760 $ 429 $ 1,189 $ 171,058 $ 172,247 $ 48 Farmland 6 1,274 1,280 21,461 22,741 — 1- 4 family 8,521 3,682 12,203 277,432 289,635 923 Multifamily — — — 23,973 23,973 — Non-farm non-residential 11,279 6,249 17,528 599,008 616,536 1,603 Total Real Estate 20,566 11,634 32,200 1,092,932 1,125,132 2,574 Non-Real Estate: Agricultural 310 4,800 5,110 21,600 26,710 — Commercial and industrial 2,801 342 3,143 265,113 268,256 15 Consumer and other 794 266 1,060 107,808 108,868 50 Total Non-Real Estate 3,905 5,408 9,313 394,521 403,834 65 Total Loans Before Unearned Income $ 24,471 $ 17,042 $ 41,513 $ 1,487,453 $ 1,528,966 $ 2,639 Unearned income (3,476) Total Loans Net of Unearned Income $ 1,525,490
Summary of Nonaccrual Loans by Class	The following is a summary of nonaccrual loans by class at the dates indicated: (in thousands) As of June 30, 2020 As of December 31, 2019 Real Estate: Construction & land development $ 968 $ 381 Farmland 886 1,274 1- 4 family 5,744 2,759 Multifamily — — Non-farm non-residential 8,082 4,646 Total Real Estate 15,680 9,060 Non-Real Estate: Agricultural 4,895 4,800 Commercial and industrial 908 327 Consumer and other 271 216 Total Non-Real Estate 6,074 5,343 Total Nonaccrual Loans $ 21,754 $ 14,403
Credit Exposure of Loan Portfolio, Including Loans Acquired with Deteriorated Credit Quality, by Specific Credit Ratings	The following table identifies the credit exposure of the loan portfolio, including loans acquired with deteriorated credit quality, by specific credit ratings as of the dates indicated: As of June 30, 2020 As of December 31, 2019 (in thousands) Pass Special Mention Substandard Doubtful Total Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 121,315 $ 5,367 $ 1,369 $ — $ 128,051 $ 163,808 $ 6,180 $ 2,259 $ — $ 172,247 Farmland 21,124 3,646 921 — 25,691 18,223 3,177 1,341 — 22,741 1- 4 family 263,888 5,131 14,143 — 283,162 271,392 4,751 13,492 — 289,635 Multifamily 17,994 — 8,003 — 25,997 16,025 805 7,143 — 23,973 Non-farm 642,160 6,309 23,500 — 671,969 589,800 7,743 18,993 — 616,536 Total Real Estate 1,066,481 20,453 47,936 — 1,134,870 1,059,248 22,656 43,228 — 1,125,132 Non-Real Estate: Agricultural 27,710 954 5,220 — 33,884 21,529 48 5,133 — 26,710 Commercial 360,220 1,763 4,430 — 366,413 262,416 1,199 4,641 — 268,256 Consumer and other 110,711 226 356 — 111,293 108,618 180 70 — 108,868 Total Non-Real Estate 498,641 2,943 10,006 — 511,590 392,563 1,427 9,844 — 403,834 Total Loans Before Unearned Income $ 1,565,122 $ 23,396 $ 57,942 $ — 1,646,460 $ 1,451,811 $ 24,083 $ 53,072 $ — 1,528,966 Unearned income (5,737) (3,476) Total Loans Net of Unearned Income $ 1,640,723 $ 1,525,490
Carrying Amount of Purchased Impaired Loans	As part of the acquisition of Union Bancshares, Incorporated on November 7, 2019 and Premier Bancshares, Inc. on June 16, 2017, First Guaranty purchased credit impaired loans for which there was, at acquisition, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows at June 30, 2020 and December 31, 2019. (in thousands) As of June 30, 2020 As of December 31, 2019 Real Estate: Construction & land development $ 306 $ 526 Farmland — — 1- 4 family 6,476 6,402 Multifamily — — Non-farm non-residential 2,308 2,294 Total Real Estate 9,090 9,222 Non-Real Estate: Agricultural — — Commercial and industrial 1,086 1,198 Consumer and other — — Total Non-Real Estate 1,086 1,198 Total $ 10,176 $ 10,420
Accretable Yield, or Income Expected to be Collected, on Purchased Loans	The accretable yield, or income expected to be collected, on the purchased loans above is as follows for the six months ended June 30, 2020 and 2019. (in thousands) Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 Balance, beginning of period $ 3,647 $ 613 Acquisition accretable yield 30 — Accretion (374) (699) Net transfers from nonaccretable difference to accretable yield — 498 Balance, end of period $ 3,303 $ 412

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Summary of Changes in Allowance for Loan Losses and Allowance and Loans Individually and Collectively Evaluated for Impairment	A summary of changes in the allowance for loan losses, by portfolio type, for the six months ended June 30, 2020 and 2019 are as follows: For the Six Months Ended June 30, 2020 2019 (in thousands) Beginning Charge-offs Recoveries Provision Ending Beginning Charge-offs Recoveries Provision Ending Real Estate: Construction & land development $ 423 $ — $ — $ 194 $ 617 $ 581 $ — $ — $ 98 $ 679 Farmland 50 — — 10 60 41 — — 7 48 1- 4 family 1,027 (32) 29 190 1,214 911 (522) 31 303 723 Multifamily 1,038 — — (292) 746 1,318 — — 32 1,350 Non-farm 5,277 — 15 2,546 7,838 4,771 (845) 4 585 4,515 Total Real Estate 7,815 (32) 44 2,648 10,475 7,622 (1,367) 35 1,025 7,315 Non-Real Estate: Agricultural 95 (45) — 72 122 339 — — 161 500 Commercial 1,909 (180) 10 265 2,004 1,909 (343) 16 499 2,081 Consumer and other 1,110 (367) 577 (134) 1,186 891 (748) 118 736 997 Unallocated — — — 230 230 15 — — — 15 Total Non-Real Estate 3,114 (592) 587 433 3,542 3,154 (1,091) 134 1,396 3,593 Total $ 10,929 $ (624) $ 631 $ 3,081 $ 14,017 $ 10,776 $ (2,458) $ 169 $ 2,421 $ 10,908 Negative provisions are caused by changes in the composition and credit quality of the loan portfolio and by recoveries. The result is an allocation of the loan loss reserve from one category to another. A summary of the allowance and loans, including loans acquired with deteriorated credit quality, individually and collectively evaluated for impairment are as follows: As of June 30, 2020 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ 234 $ — $ 383 $ 617 $ 539 $ 306 $ 127,206 $ 128,051 Farmland — — 60 60 543 — 25,148 25,691 1- 4 family 63 — 1,151 1,214 1,150 6,476 275,536 283,162 Multifamily — — 746 746 — — 25,997 25,997 Non-farm 2,769 — 5,069 7,838 16,273 2,308 653,388 671,969 Total Real Estate 3,066 — 7,409 10,475 18,505 9,090 1,107,275 1,134,870 Non-Real Estate: Agricultural — — 122 122 4,030 — 29,854 33,884 Commercial and industrial 106 — 1,898 2,004 1,940 1,086 363,387 366,413 Consumer and other — — 1,186 1,186 — — 111,293 111,293 Unallocated — — 230 230 — — — — Total Non-Real Estate 106 — 3,436 3,542 5,970 1,086 504,534 511,590 Total $ 3,172 $ — $ 10,845 $ 14,017 $ 24,475 $ 10,176 $ 1,611,809 1,646,460 Unearned Income (5,737) Total Loans Net of Unearned Income $ 1,640,723 As of December 31, 2019 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ — $ — $ 423 $ 423 $ — $ 526 $ 171,721 $ 172,247 Farmland — — 50 50 543 — 22,198 22,741 1- 4 family 34 — 993 1,027 1,058 6,402 282,175 289,635 Multifamily — — 1,038 1,038 — — 23,973 23,973 Non-farm non-residential 1,879 — 3,398 5,277 12,120 2,294 602,122 616,536 Total Real Estate 1,913 — 5,902 7,815 13,721 9,222 1,102,189 1,125,132 Non-Real Estate: Agricultural — — 95 95 4,030 — 22,680 26,710 Commercial and industrial 111 — 1,798 1,909 2,981 1,198 264,077 268,256 Consumer and other — — 1,110 1,110 — — 108,868 108,868 Unallocated — — — — — — — — Total Non-Real Estate 111 — 3,003 3,114 7,011 1,198 395,625 403,834 Total $ 2,024 $ — $ 8,905 $ 10,929 $ 20,732 $ 10,420 $ 1,497,814 1,528,966 Unearned Income (3,476) Total loans net of unearned income $ 1,525,490
Summary of Impaired Loans, Excluding Loans Acquired with Deteriorated Credit Quality, by Class	The following is a summary of impaired loans, excluding loans acquired with deteriorated credit quality, by class as of the date indicated: As of June 30, 2020 (in thousands) Recorded Unpaid Related Average Interest Income Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ — $ — $ — $ — $ — $ — Farmland 543 552 — 543 — — 1- 4 family 527 527 — 536 — — Multifamily — — — — — — Non-farm non-residential 6,095 6,095 — 6,118 137 44 Total Real Estate 7,165 7,174 — 7,197 137 44 Non-Real Estate: Agricultural 4,030 4,186 — 4,030 — — Commercial and industrial 951 951 — 952 27 23 Consumer and other — — — — — — Total Non-Real Estate 4,981 5,137 — 4,982 27 23 Total Impaired Loans with no related allowance 12,146 12,311 — 12,179 164 67 Impaired Loans with an allowance recorded: Real Estate: Construction & land development 539 539 234 538 6 — Farmland — — — — — — 1- 4 family 623 623 63 602 — — Multifamily — — — — — — Non-farm non-residential 10,178 10,527 2,769 10,736 225 277 Total Real Estate 11,340 11,689 3,066 11,876 231 277 Non-Real Estate: Agricultural — — — — — — Commercial and industrial 989 989 106 994 32 15 Consumer and other — — — — — — Total Non-Real Estate 989 989 106 994 32 15 Total Impaired Loans with an allowance recorded 12,329 12,678 3,172 12,870 263 292 Total Impaired Loans $ 24,475 $ 24,989 $ 3,172 $ 25,049 $ 427 $ 359 As of December 31, 2019 (in thousands) Recorded Unpaid Related Average Interest Income Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ — $ — $ — $ — $ — $ — Farmland 543 552 — 550 — — 1- 4 family 541 541 — 544 27 22 Multifamily — — — — — — Non-farm non-residential 8,307 8,307 — 9,940 673 688 Total Real Estate 9,391 9,400 — 11,034 700 710 Non-Real Estate: Agricultural 4,030 4,186 — 4,031 12 — Commercial and industrial 1,962 1,962 — 1,788 81 67 Consumer and other — — — — — — Total Non-Real Estate 5,992 6,148 — 5,819 93 67 Total Impaired Loans with no related allowance 15,383 15,548 — 16,853 793 777 Impaired Loans with an allowance recorded: Real Estate: Construction & land development — — — — — — Farmland — — — — — — 1- 4 family 517 517 34 522 — — Multifamily — — — — — — Non-farm non-residential 3,813 4,162 1,879 4,134 194 212 Total Real Estate 4,330 4,679 1,913 4,656 194 212 Non-Real Estate: Agricultural — — — — — — Commercial and industrial 1,019 1,019 111 1,039 81 77 Consumer and other — — — — — — Total Non-Real Estate 1,019 1,019 111 1,039 81 77 Total Impaired Loans with an allowance recorded 5,349 5,698 2,024 5,695 275 289 Total Impaired Loans $ 20,732 $ 21,246 $ 2,024 $ 22,548 $ 1,068 $ 1,066

Other Real Estate (ORE) (Tables

Other Real Estate (ORE) (Tables)	6 Months Ended
	Jun. 30, 2020
Real Estate [Abstract]
Other Real Estate Owned	Other real estate owned consists of the following at the dates indicated: (in thousands) June 30, 2020 December 31, 2019 Real Estate Owned Acquired by Foreclosure: Residential $ 146 $ 559 Construction & land development 607 669 Non-farm non-residential 3,441 3,651 Total Other Real Estate Owned and Foreclosed Property $ 4,194 $ 4,879

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary of Notional Amounts of Financial Instruments with Off-Balance Sheet Risk	Below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at June 30, 2020 and December 31, 2019: Contract Amount (in thousands) June 30, 2020 December 31, 2019 Commitments to Extend Credit $ 138,214 $ 117,826 Unfunded Commitments under lines of credit $ 179,677 $ 148,127 Commercial and Standby letters of credit $ 9,893 $ 11,258

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following table summarizes financial assets measured at fair value on a recurring basis as of June 30, 2020 and December 31, 2019, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) June 30, 2020 December 31, 2019 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 47,700 $ — Level 2: Significant Other Observable Inputs 390,024 330,539 Level 3: Significant Unobservable Inputs 12,814 9,398 Securities available for sale measured at fair value $ 450,538 $ 339,937
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs (Level 3) : Level 3 Changes (in thousands) June 30, 2020 Balance, beginning of year $ 9,398 Total gains or losses (realized/unrealized): Included in earnings — Included in other comprehensive income (211) Purchases, sales, issuances and settlements, net 3,627 Transfers in and/or out of Level 3 — Balance as of end of period $ 12,814
Fair Value Measurements, Nonrecurring	The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of June 30, 2020 and December 31, 2019, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At June 30, 2020 At December 31, 2019 Impaired Loans - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs — — Level 3: Significant Unobservable Inputs 9,879 4,046 Impaired loans measured at fair value $ 9,879 $ 4,046 Other Real Estate Owned - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs 3,432 4,158 Level 3: Significant Unobservable Inputs 762 721 Other real estate owned measured at fair value $ 4,194 $ 4,879

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Financial Instruments, Owned, at Fair Value [Abstract]
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at June 30, 2020 were as follows: Fair Value Measurements at June 30, 2020 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 236,365 $ 236,365 $ — $ — $ 236,365 Federal funds sold 778 778 — — 778 Securities, available for sale 450,538 47,700 390,024 12,814 450,538 Loans held for sale 280 — — 280 280 Loans, net 1,626,706 — — 1,657,356 1,657,356 Cash surrender value of BOLI 5,322 — — 5,322 5,322 Accrued interest receivable 16,339 — — 16,339 16,339 Liabilities Deposits $ 2,120,998 $ — $ — $ 2,141,119 2,141,119 Short-term advances from Federal Home Loan Bank 50,000 — — 50,000 50,000 Repurchase agreements 6,569 — — 6,569 6,569 Accrued interest payable 5,377 — — 5,377 5,377 Long-term advances from Federal Home Loan Bank 3,443 — — 3,443 3,443 Senior long-term debt 45,470 — — 45,504 45,504 Junior subordinated debentures 14,757 — — 15,149 15,149 The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows: Fair Value Measurements at December 31, 2019 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 66,511 $ 66,511 $ — $ — $ 66,511 Federal funds sold 914 914 — — 914 Securities, available for sale 339,937 — 330,539 9,398 339,937 Securities, held for maturity 86,579 — 86,817 — 86,817 Loans, net 1,514,561 — — 1,515,277 1,515,277 Cash surrender value of BOLI 5,288 — — 5,288 5,288 Accrued interest receivable 8,412 — — 8,412 8,412 Liabilities Deposits $ 1,853,013 $ — $ — $ 1,863,179 1,863,179 Short-term advances from Federal Home Loan Bank 13,079 — — 13,079 13,079 Repurchase agreements 6,840 — — 6,840 6,840 Accrued interest payable 6,047 — — 6,047 6,047 Long-term advances from Federal Home Loan Bank 3,533 — — 3,533 3,533 Senior long-term debt 48,558 — — 48,599 48,599 Junior subordinated debentures 14,737 — — 14,762 14,762

Merger Transaction - Narrative

Merger Transaction - Narrative (Details) - USD ($) $ in Thousands	Nov. 07, 2019	Jun. 30, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Goodwill		$ 13,072	$ 12,942
Premier Bancsares, Inc.
Business Acquisition [Line Items]
Interest acquired	100.00%
Payments to acquire businesses	$ 43,400
Goodwill	9,599
Intangible assets	$ 4,213

Merger Transaction - Schedule o

Merger Transaction - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Nov. 07, 2019
Business Acquisition [Line Items]
Goodwill	$ 13,072	$ 12,942
Premier Bancsares, Inc.
Business Acquisition [Line Items]
Cash and due from banks			$ 20,058
Securities available for sale			38,813
Loans			184,025
Premises and equipment			7,223
Goodwill			9,599
Intangible assets			4,213
Other real estate			1,595
Other assets			9,486
Total assets acquired			275,012
Deposits			204,979
FHLB borrowings			16,617
Repurchase agreements			6,863
Other liabilities			3,170
Total liabilities assumed			231,629
Net assets acquired			$ 43,383

Securities - Summary Comparison

Securities - Summary Comparison of Securities by Type (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Available for sale:
Total available for sale securities	$ 437,661	$ 337,184
Gross Unrealized Gains	14,572	3,352
Gross Unrealized Losses	(1,695)	(599)
Securities, available for sale	450,538	339,937
Held to maturity:
Amortized Cost	0	86,579
Gross Unrealized Gains	0	382
Gross Unrealized Losses	0	(144)
Fair Value	0	86,817
U.S. Treasuries
Available for sale:
Total available for sale securities	47,700	0
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Securities, available for sale	47,700	0
U.S. Government Agencies
Available for sale:
Total available for sale securities	45	16,380
Gross Unrealized Gains	0	15
Gross Unrealized Losses	0	(2)
Securities, available for sale	45	16,393
Held to maturity:
Amortized Cost	0	18,175
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	(32)
Fair Value	0	18,143
Corporate debt securities
Available for sale:
Total available for sale securities	196,750	94,561
Gross Unrealized Gains	8,131	1,110
Gross Unrealized Losses	(1,685)	(302)
Securities, available for sale	203,196	95,369
Municipal bonds
Available for sale:
Total available for sale securities	31,762	30,297
Gross Unrealized Gains	1,860	1,870
Gross Unrealized Losses	0	(14)
Securities, available for sale	33,622	32,153
Held to maturity:
Amortized Cost	0	5,107
Gross Unrealized Gains	0	182
Gross Unrealized Losses	0	0
Fair Value	0	5,289
Collateralized mortgage obligations
Available for sale:
Total available for sale securities	6,508	16,400
Gross Unrealized Gains	146	40
Gross Unrealized Losses	(7)	(43)
Securities, available for sale	6,647	16,397
Mortgage-backed securities
Available for sale:
Total available for sale securities	154,896	179,546
Gross Unrealized Gains	4,435	317
Gross Unrealized Losses	(3)	(238)
Securities, available for sale	159,328	179,625
Held to maturity:
Amortized Cost	0	63,297
Gross Unrealized Gains	0	200
Gross Unrealized Losses	0	(112)
Fair Value	$ 0	$ 63,385

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost
Due in one year or less	$ 68,729
Due after one year through five years	80,864
Due after five years through 10 years	110,778
Over 10 years	15,886
Subtotal	276,257
Total available for sale securities	437,661	$ 337,184
Fair Value
Due in one year or less	68,917
Due after one year through five years	84,213
Due after five years through 10 years	114,972
Over 10 years	16,461
Subtotal	284,563
Fair value	450,538	339,937
Amortized Cost
Due in one year or less	0
Due after one year through five years	0
Due after five years through 10 years	0
Over 10 years	0
Subtotal	0
Mortgage-backed securities	0
Amortized Cost	0	86,579
Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through 10 years	0
Over 10 years	0
Subtotal	0
Mortgage-backed securities	0
Fair value	0	86,817
Collateralized mortgage obligations
Amortized Cost
Without single maturity date	6,508
Total available for sale securities	6,508	16,400
Fair Value
Without single maturity date	6,647
Fair value	6,647	16,397
Mortgage-backed securities
Amortized Cost
Without single maturity date	154,896
Total available for sale securities	154,896	179,546
Fair Value
Without single maturity date	159,328
Fair value	159,328	179,625
Amortized Cost
Amortized Cost	0	63,297
Fair Value
Fair value	$ 0	$ 63,385

Securities - Narrative (Details

Securities - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2020USD ($)	Jun. 30, 2020USD ($)numberOfSecurities	Jun. 30, 2019USD ($)
Debt Securities, Available-for-sale [Line Items]
Gain (loss) on sale of held to maturity debt	$ 100
Pledged securities as collateral for public fund deposits and borrowings		$ 226,200
Pledged securities, market value		$ 226,200
Number of debt securities with unrealized losses | numberOfSecurities		80
Unrealized losses on debt securities in continuous loss position as percentage of total individual securities' amortized cost basis		2.00%
Unrealized losses on debt securities in continuous loss position as percentage of amortized cost basis of investment securities portfolio		0.40%
Number of debt securities in continuous loss position for over 12 months | numberOfSecurities		8
Debt securities in a continuous loss position for over 12 months, amortized cost basis		$ 2,000
Debt securities in a continuous loss position for over 12 months, unrealized loss		$ 400
Number of securities with other than temporary impairment loss | numberOfSecurities		1
Other Than Temporary Impairment Charge on Securities		$ 50	$ 0
Other-than-temporary impairment credit losses on securities not previously OTTI		50	0
Increases for additional credit losses on securities previously determined to be OTTI		0	$ 0
Original book balance		$ 100
U.S. Government Agencies
Debt Securities, Available-for-sale [Line Items]
Debt hold to maturity, sold	18,200
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Debt hold to maturity, sold	13,500
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Debt hold to maturity, sold	$ 200

Securities - Summary of Securit

Securities - Summary of Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	Jun. 30, 2020USD ($)numberOfSecurities	Dec. 31, 2019USD ($)numberOfSecurities
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	72	121
Less Than 12 Months, Fair Value	$ 80,361	$ 131,727
Less Than 12 Months, Gross Unrealized Losses	$ (1,300)	$ (418)
12 Months or More, Number of Securities | numberOfSecurities	8	22
12 Months or More, Fair Value	$ 1,607	$ 15,454
12 Months or More, Gross Unrealized Losses	$ (395)	$ (181)
Total, Number of Securities | numberOfSecurities	80	143
Total, Fair Value	$ 81,968	$ 147,181
Total, Gross Unrealized Losses	$ (1,695)	$ (599)
Held to maturity:
Less Than 12 Months, Number of Securities | numberOfSecurities	0	9
Less Than 12 Months, Fair Value	$ 0	$ 11,057
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (60)
12 Months or More, Number of Securities | numberOfSecurities	0	19
12 Months or More, Fair Value	$ 0	$ 27,358
12 Months or More, Gross Unrealized Losses	$ 0	$ (84)
Total, Number of Securities | numberOfSecurities	0	28
Total, Fair Value	$ 0	$ 38,415
Total, Gross Unrealized Losses	$ 0	$ (144)
U.S. Treasuries
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	4	0
Less Than 12 Months, Fair Value	$ 47,700	$ 0
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ 0
12 Months or More, Number of Securities | numberOfSecurities	0	0
12 Months or More, Fair Value	$ 0	$ 0
12 Months or More, Gross Unrealized Losses	$ 0	$ 0
Total, Number of Securities | numberOfSecurities	4	0
Total, Fair Value	$ 47,700	$ 0
Total, Gross Unrealized Losses	$ 0	$ 0
U.S. Government Agencies
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	0	1
Less Than 12 Months, Fair Value	$ 0	$ 4,398
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (1)
12 Months or More, Number of Securities | numberOfSecurities	0	1
12 Months or More, Fair Value	$ 0	$ 149
12 Months or More, Gross Unrealized Losses	$ 0	$ (1)
Total, Number of Securities | numberOfSecurities	0	2
Total, Fair Value	$ 0	$ 4,547
Total, Gross Unrealized Losses	$ 0	$ (2)
Held to maturity:
Less Than 12 Months, Number of Securities | numberOfSecurities	0	2
Less Than 12 Months, Fair Value	$ 0	$ 2,177
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (2)
12 Months or More, Number of Securities | numberOfSecurities	0	8
12 Months or More, Fair Value	$ 0	$ 15,965
12 Months or More, Gross Unrealized Losses	$ 0	$ (30)
Total, Number of Securities | numberOfSecurities	0	10
Total, Fair Value	$ 0	$ 18,142
Total, Gross Unrealized Losses	$ 0	$ (32)
Corporate debt securities
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	56	42
Less Than 12 Months, Fair Value	$ 31,127	$ 21,269
Less Than 12 Months, Gross Unrealized Losses	$ (1,290)	$ (174)
12 Months or More, Number of Securities | numberOfSecurities	8	12
12 Months or More, Fair Value	$ 1,607	$ 3,184
12 Months or More, Gross Unrealized Losses	$ (395)	$ (128)
Total, Number of Securities | numberOfSecurities	64	54
Total, Fair Value	$ 32,734	$ 24,453
Total, Gross Unrealized Losses	$ (1,685)	$ (302)
Municipal bonds
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	0	9
Less Than 12 Months, Fair Value	$ 0	$ 4,285
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (14)
12 Months or More, Number of Securities | numberOfSecurities	0	0
12 Months or More, Fair Value	$ 0	$ 0
12 Months or More, Gross Unrealized Losses	$ 0	$ 0
Total, Number of Securities | numberOfSecurities	0	9
Total, Fair Value	$ 0	$ 4,285
Total, Gross Unrealized Losses	$ 0	$ (14)
Held to maturity:
Less Than 12 Months, Number of Securities | numberOfSecurities	0	0
Less Than 12 Months, Fair Value	$ 0	$ 0
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ 0
12 Months or More, Number of Securities | numberOfSecurities	0	1
12 Months or More, Fair Value	$ 0	$ 50
12 Months or More, Gross Unrealized Losses	$ 0	$ 0
Total, Number of Securities | numberOfSecurities	0	1
Total, Fair Value	$ 0	$ 50
Total, Gross Unrealized Losses	$ 0	$ 0
Collateralized mortgage obligations
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	3	12
Less Than 12 Months, Fair Value	$ 1,325	$ 10,022
Less Than 12 Months, Gross Unrealized Losses	$ (7)	$ (43)
12 Months or More, Number of Securities | numberOfSecurities	0	0
12 Months or More, Fair Value	$ 0	$ 0
12 Months or More, Gross Unrealized Losses	$ 0	$ 0
Total, Number of Securities | numberOfSecurities	3	12
Total, Fair Value	$ 1,325	$ 10,022
Total, Gross Unrealized Losses	$ (7)	$ (43)
Mortgage-backed securities
Available for sale
Less Than 12 Months, Number of Securities | numberOfSecurities	9	57
Less Than 12 Months, Fair Value	$ 209	$ 91,753
Less Than 12 Months, Gross Unrealized Losses	$ (3)	$ (186)
12 Months or More, Number of Securities | numberOfSecurities	0	9
12 Months or More, Fair Value	$ 0	$ 12,121
12 Months or More, Gross Unrealized Losses	$ 0	$ (52)
Total, Number of Securities | numberOfSecurities	9	66
Total, Fair Value	$ 209	$ 103,874
Total, Gross Unrealized Losses	$ (3)	$ (238)
Held to maturity:
Less Than 12 Months, Number of Securities | numberOfSecurities	0	7
Less Than 12 Months, Fair Value	$ 0	$ 8,880
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (58)
12 Months or More, Number of Securities | numberOfSecurities	0	10
12 Months or More, Fair Value	$ 0	$ 11,343
12 Months or More, Gross Unrealized Losses	$ 0	$ (54)
Total, Number of Securities | numberOfSecurities	0	17
Total, Fair Value	$ 0	$ 20,223
Total, Gross Unrealized Losses	$ 0	$ (112)

Securities - Other Than Tempora

Securities - Other Than Temporary Impairments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance of credit losses at end of prior year	$ 0	$ 60
Other-than-temporary impairment credit losses on securities not previously OTTI	50	0
Increases for additional credit losses on securities previously determined to be OTTI	0	0
Reduction for increases in cash flows	0	0
Reduction due to credit impaired securities sold or fully settled	0	(60)
Ending balance of cumulative credit losses recognized in earnings at end of period	$ 50	$ 0

Securities - Exposure to Bond I

Securities - Exposure to Bond Issuers that Exceeded 10% of Stockholders' Equity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Concentration Risk [Line Items]
Amortized Cost	$ 450,538	$ 426,516
Stockholders' Equity, Total
Concentration Risk [Line Items]
Amortized Cost	200,121
Fair Value	204,482
Stockholders' Equity, Total | Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC)
Concentration Risk [Line Items]
Amortized Cost	66,382
Fair Value	68,304
Stockholders' Equity, Total | Federal National Mortgage Association (Fannie Mae-FNMA)
Concentration Risk [Line Items]
Amortized Cost	86,039
Fair Value	88,478
Stockholders' Equity, Total | U.S. Government Treasuries (U.S.)
Concentration Risk [Line Items]
Amortized Cost	47,700
Fair Value	47,700
Stockholders' Equity, Total | Federal Home Loan Bank (FHLB)
Concentration Risk [Line Items]
Amortized Cost	0
Fair Value	0
Stockholders' Equity, Total | Federal Farm Credit Bank (FFCB)
Concentration Risk [Line Items]
Amortized Cost	0
Fair Value	$ 0

Loans - Components of Loan Port

Loans - Components of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Balance
Total Loans Before Unearned Income	$ 1,646,460	$ 1,528,966
Unearned income	(5,737)	(3,476)
Total Loans Net of Unearned Income	$ 1,640,723	$ 1,525,490
As % of Category
Percent of category	100.00%	100.00%
Real Estate
Balance
Total Loans Before Unearned Income	$ 1,134,870	$ 1,125,132
As % of Category
Percent of category	69.00%	73.60%
Real Estate | Construction & land development
Balance
Total Loans Before Unearned Income	$ 128,051	$ 172,247
As % of Category
Percent of category	7.80%	11.30%
Real Estate | Farmland
Balance
Total Loans Before Unearned Income	$ 25,691	$ 22,741
As % of Category
Percent of category	1.60%	1.50%
Real Estate | 1- 4 Family
Balance
Total Loans Before Unearned Income	$ 283,162	$ 289,635
As % of Category
Percent of category	17.20%	18.90%
Real Estate | Multifamily
Balance
Total Loans Before Unearned Income	$ 25,997	$ 23,973
As % of Category
Percent of category	1.60%	1.60%
Real Estate | Non-farm non-residential
Balance
Total Loans Before Unearned Income	$ 671,969	$ 616,536
As % of Category
Percent of category	40.80%	40.30%
Non-Real Estate
Balance
Total Loans Before Unearned Income	$ 511,590	$ 403,834
As % of Category
Percent of category	31.00%	26.40%
Non-Real Estate | Agricultural
Balance
Total Loans Before Unearned Income	$ 33,884	$ 26,710
As % of Category
Percent of category	2.00%	1.80%
Non-Real Estate | Commercial and industrial
Balance
Total Loans Before Unearned Income	$ 366,413	$ 268,256
As % of Category
Percent of category	22.30%	17.50%
Non-Real Estate | Consumer and other
Balance
Total Loans Before Unearned Income	$ 111,293	$ 108,868
As % of Category
Percent of category	6.70%	7.10%

Loans - Fixed and Floating Rate

Loans - Fixed and Floating Rate Loans by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	$ 292,123	$ 310,455
More than one to five years	928,691	795,586
More than five to 15 years	192,484	213,215
Over 15 years	211,408	195,307
Subtotal	1,624,706	1,514,563
Nonaccrual loans	21,754	14,403
Total Loans Before Unearned Income	1,646,460	1,528,966
Unearned income	(5,737)	(3,476)
Total Loans Net of Unearned Income	1,640,723	1,525,490
Fixed Rate Loans
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	180,487	205,596
More than one to five years	635,673	509,455
More than five to 15 years	90,319	147,502
Over 15 years	141,141	143,695
Subtotal	1,047,620	1,006,248
Floating Rate Loans
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	111,636	104,859
More than one to five years	293,018	286,131
More than five to 15 years	102,165	65,713
Over 15 years	70,267	51,612
Subtotal	577,086	508,315
Loans at interest rate floor	$ 257,800	$ 153,300

Loans - Receivables Past Due (D

Loans - Receivables Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	$ 45,939	$ 41,513
Current	1,600,521	1,487,453
Total Loans Before Unearned Income	1,646,460	1,528,966
Recorded Investment 90 Days Accruing	8,829	2,639
Unearned income	(5,737)	(3,476)
Total Loans Net of Unearned Income	1,640,723	1,525,490
30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	15,356	24,471
90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	30,583	17,042
Real Estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	36,677	32,200
Current	1,098,193	1,092,932
Total Loans Before Unearned Income	1,134,870	1,125,132
Recorded Investment 90 Days Accruing	7,671	2,574
Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	13,327	20,566
Real Estate | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	23,350	11,634
Real Estate | Construction & land development
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	1,526	1,189
Current	126,525	171,058
Total Loans Before Unearned Income	128,051	172,247
Recorded Investment 90 Days Accruing	311	48
Real Estate | Construction & land development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	248	760
Real Estate | Construction & land development | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	1,278	429
Real Estate | Farmland
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	4,478	1,280
Current	21,213	21,461
Total Loans Before Unearned Income	25,691	22,741
Recorded Investment 90 Days Accruing	53	0
Real Estate | Farmland | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	3,539	6
Real Estate | Farmland | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	939	1,274
Real Estate | 1- 4 Family
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	15,009	12,203
Current	268,153	277,432
Total Loans Before Unearned Income	283,162	289,635
Recorded Investment 90 Days Accruing	2,088	923
Real Estate | 1- 4 Family | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	7,177	8,521
Real Estate | 1- 4 Family | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	7,832	3,682
Real Estate | Multifamily
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	832	0
Current	25,165	23,973
Total Loans Before Unearned Income	25,997	23,973
Recorded Investment 90 Days Accruing	0	0
Real Estate | Multifamily | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	832	0
Real Estate | Multifamily | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	0	0
Real Estate | Non-farm non-residential
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	14,832	17,528
Current	657,137	599,008
Total Loans Before Unearned Income	671,969	616,536
Recorded Investment 90 Days Accruing	5,219	1,603
Real Estate | Non-farm non-residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	1,531	11,279
Real Estate | Non-farm non-residential | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	13,301	6,249
Non-Real Estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	9,262	9,313
Current	502,328	394,521
Total Loans Before Unearned Income	511,590	403,834
Recorded Investment 90 Days Accruing	1,158	65
Non-Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	2,029	3,905
Non-Real Estate | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	7,233	5,408
Non-Real Estate | Agricultural
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	6,119	5,110
Current	27,765	21,600
Total Loans Before Unearned Income	33,884	26,710
Recorded Investment 90 Days Accruing	332	0
Non-Real Estate | Agricultural | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	892	310
Non-Real Estate | Agricultural | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	5,227	4,800
Non-Real Estate | Commercial and industrial
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	2,330	3,143
Current	364,083	265,113
Total Loans Before Unearned Income	366,413	268,256
Recorded Investment 90 Days Accruing	763	15
Non-Real Estate | Commercial and industrial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	658	2,801
Non-Real Estate | Commercial and industrial | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	1,672	342
Non-Real Estate | Consumer and other
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	813	1,060
Current	110,480	107,808
Total Loans Before Unearned Income	111,293	108,868
Recorded Investment 90 Days Accruing	63	50
Non-Real Estate | Consumer and other | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	479	794
Non-Real Estate | Consumer and other | 90 Days or Greater
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Past Due	$ 334	$ 266

Loans - Nonaccrual Loans (Detai

Loans - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	$ 21,754	$ 14,403
Real Estate
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	15,680	9,060
Real Estate | Construction & land development
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	968	381
Real Estate | Farmland
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	886	1,274
Real Estate | 1- 4 Family
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	5,744	2,759
Real Estate | Multifamily
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	0	0
Real Estate | Non-farm non-residential
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	8,082	4,646
Non-Real Estate
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	6,074	5,343
Non-Real Estate | Agricultural
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	4,895	4,800
Non-Real Estate | Commercial and industrial
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	908	327
Non-Real Estate | Consumer and other
Summary of nonaccrual loans by class [Abstract]
Nonaccrual loans	$ 271	$ 216

Loans - Credit Exposure of Port

Loans - Credit Exposure of Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	$ 1,646,460	$ 1,528,966
Unearned income	(5,737)	(3,476)
Total Loans Net of Unearned Income	1,640,723	1,525,490
Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	1,565,122	1,451,811
Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	23,396	24,083
Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	57,942	53,072
Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	1,134,870	1,125,132
Real Estate | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	1,066,481	1,059,248
Real Estate | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	20,453	22,656
Real Estate | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	47,936	43,228
Real Estate | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate | Construction & land development
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	128,051	172,247
Real Estate | Construction & land development | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	121,315	163,808
Real Estate | Construction & land development | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	5,367	6,180
Real Estate | Construction & land development | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	1,369	2,259
Real Estate | Construction & land development | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate | Farmland
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	25,691	22,741
Real Estate | Farmland | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	21,124	18,223
Real Estate | Farmland | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	3,646	3,177
Real Estate | Farmland | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	921	1,341
Real Estate | Farmland | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate | 1- 4 Family
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	283,162	289,635
Real Estate | 1- 4 Family | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	263,888	271,392
Real Estate | 1- 4 Family | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	5,131	4,751
Real Estate | 1- 4 Family | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	14,143	13,492
Real Estate | 1- 4 Family | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate | Multifamily
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	25,997	23,973
Real Estate | Multifamily | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	17,994	16,025
Real Estate | Multifamily | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	805
Real Estate | Multifamily | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	8,003	7,143
Real Estate | Multifamily | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Real Estate | Non-farm non-residential
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	671,969	616,536
Real Estate | Non-farm non-residential | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	642,160	589,800
Real Estate | Non-farm non-residential | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	6,309	7,743
Real Estate | Non-farm non-residential | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	23,500	18,993
Real Estate | Non-farm non-residential | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Non-Real Estate
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	511,590	403,834
Non-Real Estate | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	498,641	392,563
Non-Real Estate | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	2,943	1,427
Non-Real Estate | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	10,006	9,844
Non-Real Estate | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Non-Real Estate | Agricultural
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	33,884	26,710
Non-Real Estate | Agricultural | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	27,710	21,529
Non-Real Estate | Agricultural | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	954	48
Non-Real Estate | Agricultural | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	5,220	5,133
Non-Real Estate | Agricultural | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Non-Real Estate | Commercial and industrial
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	366,413	268,256
Non-Real Estate | Commercial and industrial | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	360,220	262,416
Non-Real Estate | Commercial and industrial | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	1,763	1,199
Non-Real Estate | Commercial and industrial | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	4,430	4,641
Non-Real Estate | Commercial and industrial | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	0	0
Non-Real Estate | Consumer and other
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	111,293	108,868
Non-Real Estate | Consumer and other | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	110,711	108,618
Non-Real Estate | Consumer and other | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	226	180
Non-Real Estate | Consumer and other | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	356	70
Non-Real Estate | Consumer and other | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans Before Unearned Income	$ 0	$ 0

Loans - Purchased Impaired Loan

Loans - Purchased Impaired Loans (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	$ 10,176,000	$ 10,420,000	$ 10,176,000
Loans acquired in transfer not accounted for as debt securities, provision for loan losses	0	0
Purchased impaired loans
Balance, beginning of period			3,647,000	$ 613,000
Acquisition accretable yield			30,000	0
Accretion			(374,000)	(699,000)
Net transfers from nonaccretable difference to accretable yield			0	498,000
Balance, end of period	3,303,000	3,647,000	3,303,000	$ 412,000
Real Estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	9,090,000	9,222,000	9,090,000
Real Estate | Construction & land development
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	306,000	526,000	306,000
Real Estate | Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0	0	0
Real Estate | 1- 4 Family
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	6,476,000	6,402,000	6,476,000
Real Estate | Multifamily
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0	0	0
Real Estate | Non-farm non-residential
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	2,308,000	2,294,000	2,308,000
Non-Real Estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	1,086,000	1,198,000	1,086,000
Non-Real Estate | Agricultural
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0	0	0
Non-Real Estate | Commercial and industrial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	1,086,000	1,198,000	1,086,000
Non-Real Estate | Consumer and other
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	$ 0	$ 0	$ 0

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Changes in Allowance for Loan Losses, by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			$ 10,929	$ 10,776
Charge-offs			(624)	(2,458)
Recoveries			631	169
Provision	$ 1,836	$ 1,634	3,081	2,421
Ending allowance	14,017	10,908	14,017	10,908
Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			7,815	7,622
Charge-offs			(32)	(1,367)
Recoveries			44	35
Provision			2,648	1,025
Ending allowance	10,475	7,315	10,475	7,315
Real Estate | Construction & land development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			423	581
Charge-offs			0	0
Recoveries			0	0
Provision			194	98
Ending allowance	617	679	617	679
Real Estate | Farmland
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			50	41
Charge-offs			0	0
Recoveries			0	0
Provision			10	7
Ending allowance	60	48	60	48
Real Estate | 1- 4 Family
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			1,027	911
Charge-offs			(32)	(522)
Recoveries			29	31
Provision			190	303
Ending allowance	1,214	723	1,214	723
Real Estate | Multifamily
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			1,038	1,318
Charge-offs			0	0
Recoveries			0	0
Provision			(292)	32
Ending allowance	746	1,350	746	1,350
Real Estate | Non-farm non-residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			5,277	4,771
Charge-offs			0	(845)
Recoveries			15	4
Provision			2,546	585
Ending allowance	7,838	4,515	7,838	4,515
Non-Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			3,114	3,154
Charge-offs			(592)	(1,091)
Recoveries			587	134
Provision			433	1,396
Ending allowance	3,542	3,593	3,542	3,593
Non-Real Estate | Agricultural
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			95	339
Charge-offs			(45)	0
Recoveries			0	0
Provision			72	161
Ending allowance	122	500	122	500
Non-Real Estate | Commercial and industrial
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			1,909	1,909
Charge-offs			(180)	(343)
Recoveries			10	16
Provision			265	499
Ending allowance	2,004	2,081	2,004	2,081
Non-Real Estate | Consumer and other
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			1,110	891
Charge-offs			(367)	(748)
Recoveries			577	118
Provision			(134)	736
Ending allowance	1,186	997	1,186	997
Non-Real Estate | Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance			0	15
Charge-offs			0	0
Recoveries			0	0
Provision			230	0
Ending allowance	$ 230	$ 15	$ 230	$ 15

Allowance for Loan Losses - S_2

Allowance for Loan Losses - Summary of Allowance and Loans Individually and Collectively Evaluated for Impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	$ 3,172	$ 2,024
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	10,845	8,905
Total Allowance for Credit Losses	14,017	10,929	$ 10,908	$ 10,776
Loans Individually Evaluated for Impairment	24,475	20,732
Loans Individually Evaluated for Purchased Credit-Impairment	10,176	10,420
Loans Collectively Evaluated for Impairment	1,611,809	1,497,814
Total Loans Before Unearned Income	1,646,460	1,528,966
Unearned income	(5,737)	(3,476)
Total Loans Net of Unearned Income	1,640,723	1,525,490
Real Estate
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	3,066	1,913
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	7,409	5,902
Total Allowance for Credit Losses	10,475	7,815	7,315	7,622
Loans Individually Evaluated for Impairment	18,505	13,721
Loans Individually Evaluated for Purchased Credit-Impairment	9,090	9,222
Loans Collectively Evaluated for Impairment	1,107,275	1,102,189
Total Loans Before Unearned Income	1,134,870	1,125,132
Real Estate | Construction & land development
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	234	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	383	423
Total Allowance for Credit Losses	617	423	679	581
Loans Individually Evaluated for Impairment	539	0
Loans Individually Evaluated for Purchased Credit-Impairment	306	526
Loans Collectively Evaluated for Impairment	127,206	171,721
Total Loans Before Unearned Income	128,051	172,247
Real Estate | Farmland
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	0	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	60	50
Total Allowance for Credit Losses	60	50	48	41
Loans Individually Evaluated for Impairment	543	543
Loans Individually Evaluated for Purchased Credit-Impairment	0	0
Loans Collectively Evaluated for Impairment	25,148	22,198
Total Loans Before Unearned Income	25,691	22,741
Real Estate | 1- 4 Family
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	63	34
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	1,151	993
Total Allowance for Credit Losses	1,214	1,027	723	911
Loans Individually Evaluated for Impairment	1,150	1,058
Loans Individually Evaluated for Purchased Credit-Impairment	6,476	6,402
Loans Collectively Evaluated for Impairment	275,536	282,175
Total Loans Before Unearned Income	283,162	289,635
Real Estate | Multifamily
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	0	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	746	1,038
Total Allowance for Credit Losses	746	1,038	1,350	1,318
Loans Individually Evaluated for Impairment	0	0
Loans Individually Evaluated for Purchased Credit-Impairment	0	0
Loans Collectively Evaluated for Impairment	25,997	23,973
Total Loans Before Unearned Income	25,997	23,973
Real Estate | Non-farm non-residential
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	2,769	1,879
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	5,069	3,398
Total Allowance for Credit Losses	7,838	5,277	4,515	4,771
Loans Individually Evaluated for Impairment	16,273	12,120
Loans Individually Evaluated for Purchased Credit-Impairment	2,308	2,294
Loans Collectively Evaluated for Impairment	653,388	602,122
Total Loans Before Unearned Income	671,969	616,536
Non-Real Estate
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	106	111
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	3,436	3,003
Total Allowance for Credit Losses	3,542	3,114	3,593	3,154
Loans Individually Evaluated for Impairment	5,970	7,011
Loans Individually Evaluated for Purchased Credit-Impairment	1,086	1,198
Loans Collectively Evaluated for Impairment	504,534	395,625
Total Loans Before Unearned Income	511,590	403,834
Non-Real Estate | Agricultural
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	0	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	122	95
Total Allowance for Credit Losses	122	95	500	339
Loans Individually Evaluated for Impairment	4,030	4,030
Loans Individually Evaluated for Purchased Credit-Impairment	0	0
Loans Collectively Evaluated for Impairment	29,854	22,680
Total Loans Before Unearned Income	33,884	26,710
Non-Real Estate | Commercial and industrial
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	106	111
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	1,898	1,798
Total Allowance for Credit Losses	2,004	1,909	2,081	1,909
Loans Individually Evaluated for Impairment	1,940	2,981
Loans Individually Evaluated for Purchased Credit-Impairment	1,086	1,198
Loans Collectively Evaluated for Impairment	363,387	264,077
Total Loans Before Unearned Income	366,413	268,256
Non-Real Estate | Consumer and other
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	0	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	1,186	1,110
Total Allowance for Credit Losses	1,186	1,110	997	891
Loans Individually Evaluated for Impairment	0	0
Loans Individually Evaluated for Purchased Credit-Impairment	0	0
Loans Collectively Evaluated for Impairment	111,293	108,868
Total Loans Before Unearned Income	111,293	108,868
Non-Real Estate | Unallocated
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated for Impairment	0	0
Allowance Individually Evaluated for Purchased Credit-Impairment	0	0
Allowance Collectively Evaluated for Impairment	230	0
Total Allowance for Credit Losses	230	0	$ 15	$ 15
Loans Individually Evaluated for Impairment	0	0
Loans Individually Evaluated for Purchased Credit-Impairment	0	0
Loans Collectively Evaluated for Impairment	0	0
Total Loans Before Unearned Income	$ 0	$ 0

Allowance for Loan Losses - Imp

Allowance for Loan Losses - Impaired Loans by Class (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Impaired Loans with no related allowance:
Recorded Investment	$ 12,146,000	$ 15,383,000
Unpaid Principal Balance	12,311,000	15,548,000
Average Recorded Investment	12,179,000	16,853,000
Interest Income Recognized	164,000	793,000
Interest Income Cash Basis	67,000	777,000
Impaired Loans with an allowance recorded:
Recorded Investment	12,329,000	5,349,000
Unpaid Principal Balance	12,678,000	5,698,000
Related Allowance	3,172,000	2,024,000
Average Recorded Investment	12,870,000	5,695,000
Interest Income Recognized	263,000	275,000
Interest Income Cash Basis	292,000	289,000
Total Impaired Loans
Recorded Investment	24,475,000	20,732,000
Unpaid Principal Balance	24,989,000	21,246,000
Related Allowance	3,172,000	2,024,000
Average Recorded Investment	25,049,000	22,548,000
Interest Income Recognized	427,000	1,068,000
Interest Income Cash Basis	359,000	1,066,000
Total TDRs	0	0
Total TDRs	0	0
Real Estate
Impaired Loans with no related allowance:
Recorded Investment	7,165,000	9,391,000
Unpaid Principal Balance	7,174,000	9,400,000
Average Recorded Investment	7,197,000	11,034,000
Interest Income Recognized	137,000	700,000
Interest Income Cash Basis	44,000	710,000
Impaired Loans with an allowance recorded:
Recorded Investment	11,340,000	4,330,000
Unpaid Principal Balance	11,689,000	4,679,000
Related Allowance	3,066,000	1,913,000
Average Recorded Investment	11,876,000	4,656,000
Interest Income Recognized	231,000	194,000
Interest Income Cash Basis	277,000	212,000
Total Impaired Loans
Related Allowance	3,066,000	1,913,000
Real Estate | Construction & land development
Impaired Loans with no related allowance:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Impaired Loans with an allowance recorded:
Recorded Investment	539,000	0
Unpaid Principal Balance	539,000	0
Related Allowance	234,000	0
Average Recorded Investment	538,000	0
Interest Income Recognized	6,000	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	234,000	0
Real Estate | Farmland
Impaired Loans with no related allowance:
Recorded Investment	543,000	543,000
Unpaid Principal Balance	552,000	552,000
Average Recorded Investment	543,000	550,000
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Impaired Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	0	0
Real Estate | 1- 4 Family
Impaired Loans with no related allowance:
Recorded Investment	527,000	541,000
Unpaid Principal Balance	527,000	541,000
Average Recorded Investment	536,000	544,000
Interest Income Recognized	0	27,000
Interest Income Cash Basis	0	22,000
Impaired Loans with an allowance recorded:
Recorded Investment	623,000	517,000
Unpaid Principal Balance	623,000	517,000
Related Allowance	63,000	34,000
Average Recorded Investment	602,000	522,000
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	63,000	34,000
Real Estate | Multifamily
Impaired Loans with no related allowance:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Impaired Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	0	0
Real Estate | Non-farm non-residential
Impaired Loans with no related allowance:
Recorded Investment	6,095,000	8,307,000
Unpaid Principal Balance	6,095,000	8,307,000
Average Recorded Investment	6,118,000	9,940,000
Interest Income Recognized	137,000	673,000
Interest Income Cash Basis	44,000	688,000
Impaired Loans with an allowance recorded:
Recorded Investment	10,178,000	3,813,000
Unpaid Principal Balance	10,527,000	4,162,000
Related Allowance	2,769,000	1,879,000
Average Recorded Investment	10,736,000	4,134,000
Interest Income Recognized	225,000	194,000
Interest Income Cash Basis	277,000	212,000
Total Impaired Loans
Related Allowance	2,769,000	1,879,000
Non-Real Estate
Impaired Loans with no related allowance:
Recorded Investment	4,981,000	5,992,000
Unpaid Principal Balance	5,137,000	6,148,000
Average Recorded Investment	4,982,000	5,819,000
Interest Income Recognized	27,000	93,000
Interest Income Cash Basis	23,000	67,000
Impaired Loans with an allowance recorded:
Recorded Investment	989,000	1,019,000
Unpaid Principal Balance	989,000	1,019,000
Related Allowance	106,000	111,000
Average Recorded Investment	994,000	1,039,000
Interest Income Recognized	32,000	81,000
Interest Income Cash Basis	15,000	77,000
Total Impaired Loans
Related Allowance	106,000	111,000
Non-Real Estate | Agricultural
Impaired Loans with no related allowance:
Recorded Investment	4,030,000	4,030,000
Unpaid Principal Balance	4,186,000	4,186,000
Average Recorded Investment	4,030,000	4,031,000
Interest Income Recognized	0	12,000
Interest Income Cash Basis	0	0
Impaired Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	0	0
Non-Real Estate | Commercial and industrial
Impaired Loans with no related allowance:
Recorded Investment	951,000	1,962,000
Unpaid Principal Balance	951,000	1,962,000
Average Recorded Investment	952,000	1,788,000
Interest Income Recognized	27,000	81,000
Interest Income Cash Basis	23,000	67,000
Impaired Loans with an allowance recorded:
Recorded Investment	989,000	1,019,000
Unpaid Principal Balance	989,000	1,019,000
Related Allowance	106,000	111,000
Average Recorded Investment	994,000	1,039,000
Interest Income Recognized	32,000	81,000
Interest Income Cash Basis	15,000	77,000
Total Impaired Loans
Related Allowance	106,000	111,000
Non-Real Estate | Consumer and other
Impaired Loans with no related allowance:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Impaired Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Interest Income Cash Basis	0	0
Total Impaired Loans
Related Allowance	$ 0	$ 0

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 13,072,000	$ 12,942,000
Impairment charges recognized on the Company's intangible assets	0
Increase (decrease) in loan servicing assets	100,000
Loan servicing assets	800,000
Goodwill, Period Increase (Decrease)	$ 100,000
Goodwill Period Increase (Decrease) Percent	1.00%
Core Deposits
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period	10 years 4 months 24 days

Other Real Estate (ORE) (Detail

Other Real Estate (ORE) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real Estate Owned Acquired by Foreclosure:
Residential	$ 146	$ 559
Construction & land development	607	669
Non-farm non-residential	3,441	3,651
Total Other Real Estate Owned and Foreclosed Property	4,194	$ 4,879
Loans secured by one to four family residential properties in the process of foreclosure	$ 2,900

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands	Jun. 30, 2020USD ($)facility	Dec. 31, 2019USD ($)
Commitments to Extend Credit
Off-balance sheet commitments [Abstract]
Notional value	$ 138,214	$ 117,826
Unfunded Commitments under lines of credit
Off-balance sheet commitments [Abstract]
Notional value	179,677	148,127
Commercial and Standby letters of credit
Off-balance sheet commitments [Abstract]
Notional value	9,893	$ 11,258
Construction Commitment
Off-balance sheet commitments [Abstract]
Notional value	$ 10,100
Number of facilities under construction | facility	1
Construction Commitment | Construction in Progress
Off-balance sheet commitments [Abstract]
Property, plant and equipment, gross	$ 9,100

Fair Value Measurements - Asset

Fair Value Measurements - Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	$ 450,538	$ 339,937
U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	47,700	0
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	450,538	339,937
Fair Value, Measurements, Recurring | Level 1: Quoted Prices in Active Markets For Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	47,700	0
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	390,024	330,539
Fair Value, Measurements, Recurring | Level 3: Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	$ 12,814	$ 9,398

Fair Value Measurements - Unobs

Fair Value Measurements - Unobservable Input Reconciliation (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)
Level 3 Changes
Balance, beginning of year	$ 9,398
Total gains or losses (realized/unrealized):
Included in earnings	0
Included in other comprehensive income	(211)
Purchases, sales, issuances and settlements, net	3,627
Transfers in and/or out of Level 3	0
Balance as of end of period	$ 12,814

Fair Value Measurements - Nonre

Fair Value Measurements - Nonrecurring (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	$ 9,879	$ 4,046
Other Real Estate Owned	4,194	4,879
Level 1: Quoted Prices in Active Markets For Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	0	0
Other Real Estate Owned	0	0
Level 2: Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	0	0
Other Real Estate Owned	3,432	4,158
Level 3: Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	9,879	4,046
Other Real Estate Owned	$ 762	$ 721

Fair Value Measurements - Sched

Fair Value Measurements - Schedule Of Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Securities, available for sale	$ 450,538	$ 339,937
Carrying Amount
Assets
Federal funds sold	778	914
Securities, available for sale	450,538	339,937
Securities, held for maturity	280	86,579
Loans, net	1,626,706	1,514,561
Cash surrender value of BOLI	5,322	5,288
Accrued interest receivable	16,339	8,412
Liabilities
Deposits	2,120,998	1,853,013
Short-term advances from Federal Home Loan Bank	50,000	13,079
Repurchase agreements	6,569	6,840
Accrued interest payable	5,377	6,047
Long-term advances from Federal Home Loan Bank	3,443	3,533
Senior long-term debt	45,470	48,558
Junior subordinated debentures	14,757	14,737
Carrying Amount | Cash and due from banks
Assets
Cash and due from banks	236,365	66,511
Fair Value Measurements
Assets
Federal funds sold	778	914
Securities, available for sale	450,538	339,937
Securities, held for maturity	280	86,817
Loans, net	1,657,356	1,515,277
Cash surrender value of BOLI	5,322	5,288
Accrued interest receivable	16,339	8,412
Liabilities
Deposits	2,141,119	1,863,179
Short-term advances from Federal Home Loan Bank	50,000	13,079
Repurchase agreements	6,569	6,840
Accrued interest payable	5,377	6,047
Long-term advances from Federal Home Loan Bank	3,443	3,533
Senior long-term debt	45,504	48,599
Junior subordinated debentures	15,149	14,762
Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	236,365	66,511
Level 1: Quoted Prices in Active Markets For Identical Assets | Fair Value Measurements
Assets
Federal funds sold	778	914
Securities, available for sale	47,700	0
Securities, held for maturity	0	0
Loans, net	0	0
Cash surrender value of BOLI	0	0
Accrued interest receivable	0	0
Liabilities
Deposits	0	0
Short-term advances from Federal Home Loan Bank	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Long-term advances from Federal Home Loan Bank	0	0
Senior long-term debt	0	0
Junior subordinated debentures	0	0
Level 1: Quoted Prices in Active Markets For Identical Assets | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	236,365	66,511
Level 2: Significant Other Observable Inputs | Fair Value Measurements
Assets
Federal funds sold	0	0
Securities, available for sale	390,024	330,539
Securities, held for maturity	0	86,817
Loans, net	0	0
Cash surrender value of BOLI	0	0
Accrued interest receivable	0	0
Liabilities
Deposits	0	0
Short-term advances from Federal Home Loan Bank	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Long-term advances from Federal Home Loan Bank	0	0
Senior long-term debt	0	0
Junior subordinated debentures	0	0
Level 2: Significant Other Observable Inputs | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	0	0
Level 3: Significant Unobservable Inputs | Fair Value Measurements
Assets
Federal funds sold	0	0
Securities, available for sale	12,814	9,398
Securities, held for maturity	280	0
Loans, net	1,657,356	1,515,277
Cash surrender value of BOLI	5,322	5,288
Accrued interest receivable	16,339	8,412
Liabilities
Deposits	2,141,119	1,863,179
Short-term advances from Federal Home Loan Bank	50,000	13,079
Repurchase agreements	6,569	6,840
Accrued interest payable	5,377	6,047
Long-term advances from Federal Home Loan Bank	3,443	3,533
Senior long-term debt	45,504	48,599
Junior subordinated debentures	15,149	14,762
Level 3: Significant Unobservable Inputs | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	$ 0	$ 0