Capital Bancorp (CBNK) 10-Q 12 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Registrant Name	Capital Bancorp Inc
Entity Central Index Key	0001419536
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Small Business	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		13,724,027

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 12,253	$ 10,431
Interest bearing deposits at other financial institutions	65,284	22,007
Federal funds sold	1,991	2,285
Total cash and cash equivalents	79,528	34,723
Investment securities available for sale	39,157	46,932
Restricted investments	4,137	2,503
Loans held for sale	47,744	18,526
Loans receivable, net of allowance for loan losses of $11,913 and $11,308 at June 30, 2019 and December 31, 2018, respectively	1,044,377	988,960
Premises and equipment, net	7,202	2,975
Accrued interest receivable	4,649	4,462
Deferred income taxes	3,504	3,654
Foreclosed real estate	149	142
Prepaid income taxes	268	90
Other assets	3,442	2,091
Total assets	1,234,157	1,105,058
Deposits
Noninterest-bearing, including related party balances of $10,055 and $11,214 at June 30, 2019 and December 31, 2018, respectively	279,484	242,259
Interest-bearing, including related party balances of $119,185 and $144,624 at June 30, 2019 and December 31, 2018, respectively	757,520	712,981
Total deposits	1,037,004	955,240
Securities sold under agreements to repurchase	0	3,332
Federal funds purchased	0	2,000
Federal Home Loan Bank advances	38,889	2,000
Other borrowed funds	15,409	15,393
Accrued interest payable	2,039	1,565
Other liabilities	17,698	10,964
Total liabilities	1,111,039	990,494
Stockholders' equity
Preferred stock, $.01 par value; 1,000,000 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018	0	0
Common stock, $.01 par value; 49,000,000 shares authorized; 13,718,665 and 13,672,479 issued and outstanding at June 30, 2019 and December 31, 2018, respectively	137	137
Additional paid-in capital	50,071	49,321
Retained earnings	72,940	65,701
Accumulated other comprehensive loss	(30)	(595)
Total stockholders' equity	123,118	114,564
Total liabilities and stockholders' equity	$ 1,234,157	$ 1,105,058

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 11,913	$ 11,308
Noninterest bearing deposits, related party	10,055	11,214
Interest bearing deposits, related party	$ 119,185	$ 144,624
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	49,000,000	49,000,000
Common stock, shares issued (in shares)	13,718,665	13,672,479
Common stock, shares outstanding (in shares)	13,718,665	13,672,479

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income
Loans, including fees	$ 19,804	$ 16,232	$ 37,648	$ 32,500
Investment securities available for sale	234	276	492	515
Federal funds sold and other	251	259	467	416
Total interest income	20,289	16,767	38,607	33,431
Interest expense
Deposits, includes payments to related parties of $459 and $976 for the three and six months ended June 30, 2019, respectively, and $350 and $689 for the three and six months ended June 30, 2018, respectively.	3,195	2,309	6,438	4,259
Borrowed funds	563	336	894	665
Total interest expense	3,758	2,645	7,332	4,924
Net interest income	16,531	14,122	31,275	28,507
Provision for loan losses	677	630	798	1,145
Net interest income after provision for loan losses	15,854	13,492	30,477	27,362
Noninterest income
Gain (loss) on sale of investment securities available for sale	26	1	26	(2)
Other fees and charges	78	160	204	232
Total noninterest income	5,927	4,339	10,019	8,417
Noninterest expenses
Salaries and employee benefits	8,111	6,211	14,898	12,512
Occupancy and equipment	1,102	1,088	2,196	2,171
Professional fees	609	471	1,228	845
Data processing	3,716	3,540	7,029	7,222
Advertising	531	331	973	755
Loan processing	340	348	645	609
Other real estate owned expenses, net	28	7	50	31
Other operating	1,773	1,532	3,521	2,983
Total noninterest expenses	16,210	13,528	30,540	27,128
Income before income taxes	5,571	4,303	9,956	8,651
Income tax expense	1,548	1,158	2,614	2,516
Net income	$ 4,023	$ 3,145	$ 7,342	$ 6,135
Basic earnings per share (in dollars per share)	$ 0.30	$ 0.27	$ 0.54	$ 0.53
Diluted earnings per share (in dollars per share)	$ 0.29	$ 0.26	$ 0.53	$ 0.51
Weighted average common shares outstanding:
Basic (in shares)	13,718,665	11,610,540	13,707,631	11,587,188
Diluted (in shares)	13,914,042	11,994,389	13,888,050	11,986,310
Service charges on deposits
Noninterest income
Noninterest income	$ 138	$ 117	$ 236	$ 242
Credit card fees
Noninterest income
Noninterest income	1,970	1,562	3,462	3,017
Mortgage banking revenue
Noninterest income
Noninterest income	$ 3,715	$ 2,499	$ 6,091	$ 4,928

Consolidated Statements of In_2

Consolidated Statements of Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Deposits, related party	$ 459	$ 350	$ 976	$ 689

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 4,023	$ 3,145	$ 7,342	$ 6,135
Other comprehensive income (loss)
Unrealized gain (loss) on investment securities available for sale	440	(197)	810	(704)
Reclassification of realized loss on sale of investments securities available for sale	(26)	(1)	(26)	2
Unrealized gain on cash flow hedging derivative	0	(1)	(5)	6
Other comprehensive income (loss)	414	(199)	779	(696)
Income tax (expense) benefit relating to the items above	(114)	(14)	(214)	191
Other comprehensive income (loss)	300	(213)	565	(505)
Comprehensive income	$ 4,323	$ 2,932	$ 7,907	$ 5,630

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2017		11,537,196
Beginning balance at Dec. 31, 2017	$ 80,119	$ 115	$ 27,051	$ 53,200	$ (247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,990			2,990
Unrealized gain on investment securities available for sale, net of income taxes	(297)				(297)
Unrealized loss on cash flow hedging derivative, net of income taxes	5				5
Stock options exercised, including tax benefit (in shares)		10,408
Stock options exercised, including tax benefit	285	$ 0	285
Shares issued as compensation (in shares)		4,068
Shares issued as compensation	122	$ 0	122
Stock-based compensation	143		143
Ending balance (in shares) at Mar. 31, 2018		11,551,672
Ending balance at Mar. 31, 2018	83,367	$ 115	27,601	56,190	(539)
Beginning balance (in shares) at Dec. 31, 2017		11,537,196
Beginning balance at Dec. 31, 2017	80,119	$ 115	27,051	53,200	(247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,135
Ending balance (in shares) at Jun. 30, 2018		11,661,372
Ending balance at Jun. 30, 2018	86,994	$ 117	28,294	59,335	(752)
Beginning balance (in shares) at Mar. 31, 2018		11,551,672
Beginning balance at Mar. 31, 2018	83,367	$ 115	27,601	56,190	(539)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,145			3,145
Unrealized gain on investment securities available for sale, net of income taxes	(212)				(212)
Unrealized loss on cash flow hedging derivative, net of income taxes	(1)				(1)
Stock options exercised, including tax benefit (in shares)		63,124
Stock options exercised, including tax benefit	199	$ 1	198
Shares issued as compensation (in shares)		36,076
Shares issued as compensation	200	$ 1	199
Stock-based compensation	142		142
Shares issued (in shares)		16,000
Shares issued	198		198
Shares repurchased and retired (in shares)		(5,500)
Shares repurchased and retired	(44)		(44)
Ending balance (in shares) at Jun. 30, 2018		11,661,372
Ending balance at Jun. 30, 2018	$ 86,994	$ 117	28,294	59,335	(752)
Beginning balance (in shares) at Dec. 31, 2018	13,672,479	13,672,479
Beginning balance at Dec. 31, 2018	$ 114,564	$ 137	49,321	65,701	(595)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,319			3,319
Unrealized gain on investment securities available for sale, net of income taxes	270				270
Unrealized loss on cash flow hedging derivative, net of income taxes	(5)				(5)
Stock options exercised, including tax benefit (in shares)		21,706
Stock options exercised, including tax benefit	107	$ 0	155	(48)
Shares issued as compensation (in shares)		18,380
Shares issued as compensation	150	$ 0	150
Stock-based compensation	199		199
Ending balance (in shares) at Mar. 31, 2019		13,712,565
Ending balance at Mar. 31, 2019	$ 118,550	$ 137	49,825	68,918	(330)
Beginning balance (in shares) at Dec. 31, 2018	13,672,479	13,672,479
Beginning balance at Dec. 31, 2018	$ 114,564	$ 137	49,321	65,701	(595)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 7,342
Ending balance (in shares) at Jun. 30, 2019	13,718,665	13,718,665
Ending balance at Jun. 30, 2019	$ 123,118	$ 137	50,071	72,940	(30)
Beginning balance (in shares) at Mar. 31, 2019		13,712,565
Beginning balance at Mar. 31, 2019	118,550	$ 137	49,825	68,918	(330)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,023			4,023
Unrealized gain on investment securities available for sale, net of income taxes	300				300
Stock options exercised, including tax benefit (in shares)		6,100
Stock options exercised, including tax benefit	46	$ 0	47	(1)
Stock-based compensation	$ 199		199
Ending balance (in shares) at Jun. 30, 2019	13,718,665	13,718,665
Ending balance at Jun. 30, 2019	$ 123,118	$ 137	$ 50,071	$ 72,940	$ (30)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities
Net income	$ 7,342	$ 6,135
Adjustments to reconcile net income to net cash provided (used) by operating activities:
Provision for loan losses	798	1,145
Provision for losses on mortgage loans sold	67	58
Provision for off balance sheet credit risk	93	89
Net amortization on investments	63	145
Depreciation	569	546
Stock-based compensation expense	398	285
Director and employee compensation paid in Company stock	150	322
Deferred income tax benefit	(64)	(80)
Amortization of debt issuance expense	16	16
(Gain) loss on sale of securities available for sale	(26)	2
Loss on sale of foreclosed real estate	0	17
Mortgage banking revenue	(6,091)	(4,928)
Proceeds from sales of loans held for sale	186,305	193,155
Originations of loans held for sale	(209,432)	(183,317)
Changes in assets and liabilities:
Accrued interest receivable	(187)	(51)
Prepaid income taxes and taxes payable	(178)	956
Other assets	(1,351)	(1,490)
Accrued interest payable	474	134
Other liabilities	1,357	1,962
Net cash provided (used) by operating activities	(19,697)	15,101
Cash flows from investing activities
Purchases of securities available for sale	(8,202)	0
Maturities, calls and principal paydowns of securities available for sale	13,444	3,036
Proceeds from sale of securities available for sale	3,280	345
Purchases of restricted investments	(1,634)	(119)
Increase in loans receivable	(56,272)	(34,521)
Net (purchases) disposals of premises and equipment	362	(746)
Proceeds from sales of foreclosed real estate	50	9
Net cash used by investing activities	(48,972)	(31,996)
Net increase (decrease) in:
Noninterest bearing deposits	37,225	40,726
Interest bearing deposits	44,539	(7,260)
Securities sold under agreements to repurchase	(3,332)	1,184
Federal funds purchased	(2,000)	0
Federal Home Loan Bank advances, net	36,889	0
Other borrowed funds	0	(2,000)
Repurchase of common stock	0	(44)
Proceeds from exercise of stock options	153	484
Proceeds from shares issued	0	198
Net cash provided by financing activities	113,474	33,288
Net increase in cash and cash equivalents	44,805	16,393
Cash and cash equivalents, beginning of year	34,723	52,311
Cash and cash equivalents, end of year	79,528	68,704
Noncash activities:
Loans transferred to foreclosed real estate	57	427
Change in unrealized gains (losses) on investments	784	(702)
Change in fair value of cash flow hedging derivative	(5)	6
Establishment of lease right-of-use asset	5,158	0
Establishment of lease liability	5,358	0
Cash paid during the period for:
Taxes	2,721	910
Interest	$ 6,858	$ 4,801

Nature of Business and Basis of

Nature of Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Nature of Business and Basis of Presentation	Capital Bancorp, Inc. and Subsidiaries Notes to Consolidated Financial Statements Note 1 - Nature of Business and Basis of Presentation Nature of operations: Capital Bancorp, Inc. is a Maryland corporation and bank holding company (the “Company”) for Capital Bank, N.A. (the “Bank”). The Company's primary operations are conducted by the Bank, which operates branches in Rockville, Columbia and North Bethesda, Maryland, Reston, Virginia, and the District of Columbia. The Bank is principally engaged in the business of investing in commercial, real estate, and credit card loans and attracting deposits. The Company conducts mortgage business through Capital Bank Home Loans, formerly Church Street Mortgage, our residential mortgage banking arm; and credit card business through OpenSky®, a secured, digitally-driven nationwide credit card platform. The Bank also originates residential mortgages for sale in the secondary market. The Company formed Church Street Capital, LLC (“Church Street Capital”) in 2014 to provide short-term secured real estate financing to Washington, D.C. area investors and developers that may not meet all Bank credit criteria. In addition, the Company owns all of the stock of Capital Bancorp (MD) Statutory Trust I (the “Trust”). The Trust is a special purpose non-consolidated entity organized for the sole purpose of issuing trust preferred securities. In October 2018, the Company completed its initial public offering (“IPO”) of 2,563,046 shares of its common stock at a price to the public of $12.50 per share, 1,834,310 shares of which were sold by the Company and 728,736 shares of which were sold by certain of the Company’s shareholders (the “selling shareholders”). The net proceeds to the Company from the IPO were $19.8 million after deducting the underwriting discount and offering expenses of $3.2 million . The Company did not receive any proceeds from the sales of shares by the selling shareholders. Basis of presentation: The accompanying consolidated financial statements include the activity of the Company and its wholly-owned subsidiaries, the Bank and Church Street Capital. All intercompany transactions have been eliminated in consolidation. The Company reports its activities as a single business segment. In determining the appropriateness of segment definition, the Company considers components of the business about which financial information is available and regularly evaluated relative to resource allocation and performance assessment. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and conform to general practices within the banking industry. On August 15, 2018, the Company completed a four -for-one stock split of the Company's authorized, issued, and outstanding common stock, par value $0.01 per share (the “Stock Split”). At the effective time of the Stock Split, each share of the Company's issued and outstanding common stock was automatically increased to four shares issued and outstanding. No fractional shares were issued in connection with the Stock Split. All share and share-related information presented in these consolidated financial statements have been retroactively adjusted to reflect the increased number of shares resulting from the Stock Split. Significant Accounting Policies: The preparation of consolidated financial statements in accordance with GAAP requires estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. The basis of the estimates is on historical experience and on various other assumptions that are believed to be reasonable under current circumstances, results of which form the basis for making judgments about the carrying value of certain assets and liabilities that are not readily available from other sources. Estimates are evaluated on an ongoing basis. Actual results may differ from these estimates under different assumptions or conditions. Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from financial institutions, interest bearing deposits with financial institutions and federal funds sold. Generally, federal funds are sold for one-day periods. Investment securities Investment securities are classified as available for sale and carried at fair value with unrealized gains and losses included in stockholders’ equity on an after-tax basis. Premiums and discounts on investment securities are amortized or accreted using the interest method. Changes in the fair value of debt securities available for sale are included in stockholders’ equity as unrealized gains and losses, net of the related tax effect. Unrealized losses are periodically reviewed to determine whether the loss represents an other than temporary impairment. Any unrealized losses judged to be other than a temporary impairment will be charged to income. Loans held for sale Mortgage loans originated and intended for sale are recorded at fair value, determined individually, as of the balance sheet date. Fair value is determined based on outstanding investor commitments, or in the absence of such commitments, based on current investor yield requirements. Gains and losses on loan sales are determined by the specific-identification method. The Company’s current practice is to sell residential mortgage loans on a servicing released basis, and, therefore, it has no intangible asset recorded for the value of such servicing. Interest on loans held for sale is credited to income based on the principal amounts outstanding. Upon sale and delivery, loans are legally isolated from the Company and the Company has no ability to restrict or constrain the ability of third‑party investors to pledge or exchange the mortgage loans. The Company does not have the entitlement or ability to repurchase the mortgage loans or unilaterally cause third‑party investors to put the mortgage loans back to the Company. Unrealized and realized gains on loan sales are determined using the specific-identification method and are recognized through mortgage banking activity in the Consolidated Statements of Income. The Company elected to measure loans held for sale at fair value to better align reported results with the underlying economic changes in value of the loans on the Company’s balance sheet. Loans and the Allowance for Loan Losses Loans are stated at the principal amount outstanding, adjusted for deferred origination fees, deferred origination costs, discounts on loans acquired, and the allowance for loan losses. Interest is accrued based on the loan principal balances and stated interest rates. Origination fees and costs are recognized as an adjustment to the related loan yield using approximate interest methods. The Company discontinues the accrual of interest when any portion of the principal and interest is 90 days past due and collateral is insufficient to discharge the debt in full. Generally, interest payments on nonaccrual loans are recorded as a reduction of the principal balance. Loans are considered impaired when, based on current information, management believes the Company will not collect all principal and interest payments according to contractual terms. Generally, loans are reviewed for impairment when the risk grade for a loan is downgraded to a classified asset category. The loans are evaluated for appropriate classification, accrual, impairment, and troubled debt restructure (“TDR”) status. If collection of principal is evaluated as doubtful, all payments are applied to principal. A modification of a loan is considered a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Company may consider interest rate reductions, changes to payment terms, extensions of maturities and/or principal reductions. Loans are generally charged-off in part or in full when management determines the loan to be uncollectible. Factors for charge-off that may be considered include: repayments deemed to be projected beyond reasonable time frames, client bankruptcy and lack of assets, and/or collateral deficiencies. The allowance for loan losses is estimated to adequately provide for probable future losses on existing loans. The allowance consists of specific and general components. For loans that are classified as impaired, an allowance is established when the collateral value, if the loan is collateral dependent, or the discounted cash flows of the impaired loan is lower than the carrying value of that loan. The general component covers pools of nonclassified loans and is based on historical loss experience adjusted for qualitative factors. There may be an unallocated component of the allowance, which reflects the margin of imprecision inherent in the underlying assumptions used in the method for estimating specific and general losses in the portfolio. Actual loan performance may differ from those estimates. A loss is recognized as a charge to the allowance when management believes that collection of the loan is unlikely. Collections of loans previously charged off are added to the allowance at the time of recovery. We determine the allowance for loan losses based on the accumulation of various components that are calculated independently in accordance with ASC 450 for pools of loans, ASC 310 for Troubled Debt Restructuring, and ASC 310 for individually evaluated loans. The process for determining an appropriate allowance for loan losses is based on a comprehensive and consistently applied analysis of the loan portfolio. The analysis considers all significant factors that affect the collectibility of the portfolio and supports the credit losses estimated by this process. It is important to recognize that the related process, methodology, and underlying assumptions require a substantial degree of judgment. Premises and equipment Premises and equipment are stated at cost less accumulated depreciation and amortization over two to seven years . Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related property. Leasehold improvements are amortized over the estimated useful lives of the improvements, approximately ten years, or the term of the lease, whichever is less. Expenditures for maintenance, repairs, and minor replacements are charged to noninterest expenses as incurred. Leases During the first quarter of 2019, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 applies a right-of-use (“ROU”) model that requires a lessee to record, for all leases with a lease term of more than 12 months, an asset representing its right to use the underlying asset and a liability to make lease payments. The Company has elected to apply the package of practical expedients permitting entities to not reassess: 1) whether any expired or existing contracts are or contain leases; 2) the lease classification for any expired or existing leases; and 3) initial direct costs for any existing leases. Additionally, as provided by ASU 2016-02, the Company has elected not to apply the recognition requirements of ASC 842 to short-term leases, defined as leases with a term of 12 months or less, and to recognize the lease payments in net income on short-term leases on a straight-line basis over the lease term. We adopted the guidance using the modified retrospective approach on January 1, 2019 and elected the practical expedients for transition including the transition option provided in ASU 2018-11, Leases (Topic 842) Targeted Improvements, which allowed the Company to initially apply the new leases standard at the adoption date. Consequently, the reporting for the comparative periods presented continued to be in accordance with ASC Topic 840, Leases . Therefore, the 2018 financial results and disclosures have not been adjusted. The Company is largely accounting for our existing operating leases consistent with prior guidance except for the incremental balance sheet recognition for leases. The adoption of this standard resulted in the Company recognizing lease right-of-use assets and related lease liabilities totaling $5.2 million and $5.4 million , respectively, as of January 1, 2019. The difference between the lease assets and the lease liabilities was $146 thousand of deferred rent, which was reclassified to lease liabilities, and the remainder was recorded as an adjustment to retained earnings in the amount of $54 thousand . The adoption of this ASU did not have a significant impact on the Company’s consolidated statement of income. See Note 5 for Leases for more information. Derivative Financial Instruments The Company enters into commitments to fund residential mortgage loans (interest rate locks) with the intention of selling them in the secondary market. The Company also enters into forward sales agreements for certain funded loans and loan commitments. The Company records unfunded commitments intended for loans held for sale and forward sales agreements at fair value with changes in fair value recorded as a component of mortgage banking revenue. Loans originated and intended for sale in the secondary market are carried at fair value. For pipeline loans which are not pre-sold to an investor, the Company manages the interest rate risk on rate lock commitments by entering into forward sale contracts, whereby the Company obtains the right to deliver securities to investors in the future at a specified price. Such contracts are accounted for as derivatives and are recorded at fair value as derivative assets or liabilities, with changes in fair value recorded in mortgage banking revenue. The Company accounts for derivative instruments and hedging activities according to guidelines established in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 815-10, Accounting for Derivative Instruments and Hedging Activities , as amended. The Company recognizes all derivatives as either assets or liabilities on the balance sheet and measures those instruments at fair value. Changes in fair value of derivatives designated and accounted for as cash flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income, net of deferred taxes. Any hedge ineffectiveness would be recognized in the income statement line item pertaining to the hedged item. Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market inputs. For financial instruments that are traded actively and have quoted market prices or observable market inputs, there is minimal subjectivity involved in measuring fair value. However, when quoted market prices or observable market inputs are not fully available, significant management judgment may be necessary to estimate fair value. In developing our fair value estimates, we maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value hierarchy defines Level 1 valuations as those based on quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 valuations include inputs based on quoted prices for similar assets or liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 valuations are based on at least one significant assumption not observable in the market, or significant management judgment or estimation, some of which may be internally developed. Financial assets that are recorded at fair value on a recurring basis include investment securities available for sale, loans held for sale, and derivative financial instruments. Financial liabilities that are recorded at fair value on a recurring basis are comprised of derivative financial instruments. See the Fair Value note to our consolidated financial statements. Income Taxes Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are recognized when it is deemed more likely than not that the benefits of such deferred income taxes will be realized. Earnings per share: Earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares outstanding. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding, adjusted for the dilutive effect of stock options and restricted stock using the treasury stock method. At June 30, 2019 and 2018 , there were 273,600 and 263,252 stock options, respectively, that were not included in the calculation as their effect would have been anti-dilutive. The following is a reconciliation of the numerators and denominators used in computing basic and diluted earnings per common share as adjusted for the Stock Split: For the Three Months Ended June 30, 2019 2018 (dollars in thousands, except per share information) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common stockholders $ 4,023 13,718,665 $ 0.30 $ 3,145 11,610,540 $ 0.27 Effect of dilutive securities — 195,377 — 383,849 Dilutive EPS per common share $ 4,023 13,914,042 $ 0.29 $ 3,145 11,994,389 $ 0.26 For the Six Months Ended June 30, 2019 2018 (dollars in thousands, except per share information) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common stockholders $ 7,342 13,707,631 $ 0.54 $ 6,135 11,587,188 $ 0.53 Effect of dilutive securities — 180,419 — 399,122 Dilutive EPS per common share $ 7,342 13,888,050 $ 0.53 $ 6,135 11,986,310 $ 0.51 Comprehensive income: The Company reports as comprehensive income all changes in stockholders' equity during the year from sources other than stockholders. Other comprehensive income refers to all components (income, expenses, gains, and losses) of comprehensive income that are excluded from net income. The Company's only two components of other comprehensive income are unrealized gains and losses on investment securities available for sale, net of income taxes, and unrealized gains and losses on cash flow hedges, net of income taxes. Information concerning the Company's accumulated other comprehensive income (loss) as of June 30, 2019 and December 31, 2018 are as follows: (in thousands) June 30, 2019 December 31, 2018 Unrealized losses on securities available for sale $ (41 ) $ (825 ) Deferred tax benefit 11 227 Other comprehensive loss, net of tax (30 ) (598 ) Unrealized gains on cash flow hedges — 5 Deferred tax expense — (2 ) Other comprehensive income, net of tax — 3 Total accumulated comprehensive loss $ (30 ) $ (595 ) Recently issued accounting pronouncements: In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. On July 17, 2019, the FASB voted to issue a proposal for public comment that would potentially result in a postponement of the current expected credit loss standard until January 2023 for certain companies including small reporting companies (as defined by the SEC). Management will continue to monitor any new developments regarding this possible delay. The Company will apply the amendments to the ASU through a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. While early adoption is permitted beginning in first quarter 2019, the Company does not expect to elect that option. The Company is evaluating the impact of the ASU on our consolidated financial statements. In addition to our allowance for loan losses, the Company will also record an allowance for credit losses on debt securities instead of applying the impairment model currently utilized. The amount of the adjustments will be impacted by each portfolio’s composition and credit quality at the adoption date as well as economic conditions and forecasts at that time. In August 2018, the FASB amended the Fair Value Measurement Topic 820 disclosure framework. These amendments include additions, removals and modifications to the fair value disclosure requirements in Topic 820, and are effective for the Company for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted on removed or modified disclosures. The Company does not expect these amendments to have a material effect on its financial statements. In March 2019, the FASB issued codification improvements to ASU Topic 842 - Leases, which clarifies fair value of leases, cash presentation and accounting change disclosures. These codification improvements were adopted to coincide with the adoption of ASU Topic 842 Leases. The adoption of this ASU did not have a material impact on the Company’s Consolidated Financial Statements. In April 2019, the FASB issued codification improvements to ASU Topic 326 - Financial Instruments - Credit Loss, Topic 815 - Derivatives and Hedging, and Subtopic 825-10 - Financial Instruments. This codification provides technical corrections and clarifies issues related to fair value hedges. The Company early adopted this guidance upon issuance, and it did not have a material impact on the Company’s Consolidated Financial Statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company's financial position, results of operations or cash flows. Reclassifications: Certain reclassifications have been made to the amounts reported in prior periods to conform to the current period presentation. The reclassifications had no effect on net income or total stockholders' equity.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investment Securities	The amortized cost and estimated fair value of investment securities at June 30, 2019 and December 31, 2018 are summarized as follows: Investment Securities Available for Sale (in thousands) June 30, 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale U.S. government-sponsored enterprises $ 6,499 $ — $ (22 ) $ 6,477 Municipal 516 5 — 521 Corporate 2,907 28 (45 ) 2,890 Mortgage-backed securities 29,276 72 (79 ) 29,269 $ 39,198 $ 105 $ (146 ) $ 39,157 December 31, 2018 Available for sale U.S. government-sponsored enterprises $ 17,496 $ — $ (136 ) $ 17,360 Municipal 517 — (16 ) 501 Corporate 2,908 28 (51 ) 2,885 Mortgage-backed securities 26,836 46 (696 ) 26,186 $ 47,757 $ 74 $ (899 ) $ 46,932 Proceeds from sales of securities sold during the six months ended June 30, were $3.3 million and $345 thousand for 2019 and 2018 , respectively. The investment sales resulted in realized gains of $26 thousand for the quarter ended and the six months ended June 30, 2019 period. In 2018 , investment sales resulted in a $1 thousand gain and losses of $2 thousand , for the quarter ended and the six months ended June 30, 2018 period, respectively. Information related to unrealized losses in the investment portfolio as of June 30, 2019 and December 31, 2018 are as follows: Investment Securities Unrealized Losses (in thousands) Less than 12 months 12 months or longer Total June 30, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government-sponsored enterprises $ — $ — $ 6,477 $ (22 ) $ 6,477 $ (22 ) Municipal — — — — — — Corporate — — 862 (45 ) 862 (45 ) Mortgage-backed securities — — 14,357 (79 ) 14,357 (79 ) $ — $ — $ 21,696 $ (146 ) $ 21,696 $ (146 ) December 31, 2018 U.S. government-sponsored enterprises $ 496 $ (2 ) $ 16,864 $ (134 ) $ 17,360 $ (136 ) Municipal — — 501 (16 ) 501 (16 ) Corporate — — 857 (51 ) 857 (51 ) Mortgage-backed securities 2,294 (7 ) 21,037 (689 ) 23,331 (696 ) $ 2,790 $ (9 ) $ 39,259 $ (890 ) $ 42,049 $ (899 ) At June 30, 2019 , there were four U.S. government-sponsored enterprises securities, two corporate securities, and ten mortgage-backed securities that had been in a loss position for greater than twelve months. At December 31, 2018 , there were nine U.S. government-sponsored enterprises securities, two corporate securities, and fifteen mortgage-backed securities that had been in a loss position for greater than twelve months. Management believes that all unrealized losses have resulted from changes in the interest rates and current market conditions and not as a result of credit deterioration. Management has the ability and the intent to hold these investment securities until maturity or until they recover in value. A summary of pledged securities at June 30, 2019 and December 31, 2018 are shown below: Pledged Securities June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Securities sold under agreements to repurchase $ — $ — $ 16,032 $ 15,862 Federal Home Loan Bank advances 1,664 1,674 6,713 6,662 $ 1,664 $ 1,674 $ 22,745 $ 22,524 Contractual maturities of U.S. government-sponsored enterprises and corporate securities at June 30, 2019 and December 31, 2018 are shown below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Contractual Maturities June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Within one year $ 6,499 $ 6,477 $ 16,496 $ 16,377 Over one to five years — — 1,000 983 Over five to ten years 2,000 2,028 2,000 2,028 Over ten years 1,423 1,383 1,425 1,358 Mortgage-backed securities (1) 29,276 29,269 26,836 26,186 $ 39,198 $ 39,157 $ 47,757 $ 46,932 _______________ (1) Mortgage-backed securities are due in monthly installments.

Loans Receivable

Loans Receivable	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Loans Receivable	Major classifications of loans as are as follows: Loan Categories (in thousands) June 30, 2019 December 31, 2018 Real estate Residential $ 426,887 $ 407,844 Commercial 297,891 278,691 Construction 169,225 157,586 Commercial 124,436 122,264 Credit card 40,141 34,673 Other consumer 1,015 1,202 1,059,595 1,002,260 Deferred origination fees, net (3,305 ) (1,992 ) Allowance for loan losses (11,913 ) (11,308 ) Loans receivable, net $ 1,044,377 $ 988,960 The Company makes loans to customers located primarily in the Washington, D.C. and Baltimore metropolitan areas. Although the loan portfolio is diversified, its performance is influenced by the regional economy. The Company’s loan categories are described below. Residential Real Estate Loans . One-to-four family mortgage loans are primarily secured by owner-occupied primary residences and, to a lesser extent, investor owned residences. Residential loans are originated through the commercial sales teams and Capital Bank Home Loans division. Residential loans also include home equity lines of credit. One-to-four family residential loans have a relatively small balance spread between many individual borrowers compared to our other loan categories. Owner-occupied residential real estate loans usually have fixed rates for five or seven years and adjust on an annual basis after the initial term based on a typical maturity of 30 years. Investor residential real estate loans are generally based on 25 -year terms with a balloon payment due after five years. The required minimum debt service coverage ratio is 1.15 . Residential real estate loans have represented a stable and growing portion of our loan portfolio. The emphasis will continue to be on residential real estate lending. Commercial Real Estate Loans . Commercial real estate loans are originated on owner-occupied and non-owner-occupied properties. These loans may be more adversely affected by conditions in the real estate markets or in the general economy. Commercial loans that are secured by owner-occupied commercial real estate and primarily collateralized by operating cash flows are also included in this category of loans. As of June 30, 2019 , there were approximately $139.6 million of owner-occupied commercial real estate loans, representing approximately 47% of the commercial real estate portfolio. Commercial real estate loan terms are generally extended for 10 years or less and amortize generally over 25 years or less. The interest rates on commercial real estate loans have initial fixed rate terms that adjust typically at 5 years and origination fees are routinely charged for services. Personal guarantees from the principal owners of the business are generally required, supported by a review of the principal owners’ personal financial statements and global debt service obligations. The properties securing the portfolio are located primarily throughout the Company’s markets and are generally diverse in terms of type. This diversity helps reduce the exposure to adverse economic events that affect any single industry. Construction Loans . Construction loans are offered within the Company’s Washington, D.C. and Baltimore, Maryland metropolitan operating areas to builders primarily for the construction of single-family homes and condominium and townhouse conversions or renovations and, to a lesser extent, to individuals. Construction loans typically have terms of 12 to 18 months with the goal of transitioning the borrowers to permanent financing or re-underwriting and selling into the secondary market through Capital Bank Home Loans. According to underwriting standards, the ratio of loan principal to collateral value, as established by an independent appraisal, cannot exceed 75% for investor-owned and 80% for owner-occupied properties. On a case by case basis, exceptions to these limits may be granted with appropriate credit mitigants. Semi-annual stress testing of the construction loan portfolio is conducted, and underlying real estate conditions are closely monitored as well as the borrower’s trends of sales valuations as compared to underwriting valuations as part of the ongoing risk management efforts. The borrowers’ progress in construction buildout is closely monitored and the original underwriting guidelines for construction milestones and completion timelines are strictly enforced. Commercial Business Loans . In addition to other loan products, general commercial loans, including commercial lines of credit, working capital loans, term loans, equipment financing, letters of credit and other loan products are offered, primarily in target markets, and underwritten based on each borrower’s ability to service debt from income. These loans are primarily made based on the identified cash flows of the borrower and secondarily, on the underlying collateral provided by the borrower. Most commercial business loans are secured by a lien on general business assets including, among other things, available real estate, accounts receivable, promissory notes, inventory and equipment, and personal guaranties from the borrower or other principal are generally obtained. Credit Cards . Our OpenSky® credit card division provides, on a nationwide basis, credit cards are provided to under-banked populations and those looking to rebuild their credit scores through a fully digital and mobile platform. Substantially all of the lines of credit are secured by a noninterest bearing demand account at the Bank in an amount equal to the full credit limit of the credit card. In addition, using a proprietary scoring model, which considers credit score and repayment history (typically a minimum of six months of on-time repayments, but ultimately determined on a case-by-case basis) the Bank has recently begun to offer certain customers an unsecured line in excess of their secured line of credit. Approximately $37.9 million and $32.5 million of the credit card balances were secured by savings deposits held by the Company as of June 30, 2019 and December 31, 2018 , respectively. Other Consumer Loans . To a very limited extent and typically as an accommodation to existing customers, personal consumer loans such as term loans, car loans or boat loans are offered. Loans acquired through acquisitions are recorded at estimated fair value on their purchase date with no carryover of the related allowance for loan losses. In estimating the fair value of loans acquired, certain factors were considered, including the remaining lives of the acquired loans, payment history, estimated prepayments, estimated loss ratios, estimated value of the underlying collateral, and the net present value of cash flows expected. Discounts on loans that were not considered impaired at acquisition were recorded as an accretable discount, which will be recognized in interest income over the terms of the related loans. For loans considered to be impaired, the difference between the contractually required payments and expected cash flows was recorded as a nonaccretable discount. Generally, the nonaccretable discount will be recognized after collection of the discounted fair value of the related loan. The remaining nonaccretable discounts on loans acquired were $354 thousand as of both June 30, 2019 and December 31, 2018 . Loans with nonaccretable discounts had a carrying value of $1.3 million as of both June 30, 2019 and December 31, 2018 . Accretable discounts on loans acquired is summarized as follows: Accretable Discounts on Loans Acquired (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Accretable discount at beginning of period $ 430 $ 531 $ 438 $ 543 Accretion and payoff of loans (6 ) (12 ) (14 ) (24 ) Accretable discount at end of period $ 424 $ 519 $ 424 $ 519 The following tables set forth the changes in the allowance for loan losses and an allocation of the allowance for loan losses by class for the three and six months ended June 30, 2019 and June 30, 2018 . Allowance for Loan Losses (in thousands) Beginning Provision for Charge-Offs Ending Three Months Ended June 30, 2019 Recoveries Real estate Residential $ 3,939 $ (24 ) $ — $ — $ 3,915 Commercial 2,894 217 — 5 3,116 Construction 2,062 142 — — 2,204 Commercial 1,451 49 (28 ) — 1,472 Credit card 992 295 (90 ) 2 1,199 Other consumer 9 (2 ) — — 7 $ 11,347 $ 677 $ (118 ) $ 7 $ 11,913 Six Months Ended June 30, 2019 Real estate Residential $ 3,541 $ 374 $ — $ — $ 3,915 Commercial 3,003 106 — 7 3,116 Construction 2,093 111 — — 2,204 Commercial 1,578 (78 ) (28 ) — 1,472 Credit card 1,084 287 (183 ) 11 1,199 Other consumer 9 (2 ) — — 7 $ 11,308 $ 798 $ (211 ) $ 18 $ 11,913 Allowance for Loan Losses (in thousands) Beginning Provision for Charge-Offs Ending Three Months Ended June 30, 2018 Recoveries Real estate Residential $ 3,175 $ 31 $ — $ 1 $ 3,207 Commercial 2,933 33 (22 ) 4 2,948 Construction 1,804 85 — — 1,889 Commercial 1,414 113 (131 ) — 1,396 Credit card 823 367 (252 ) 60 998 Other consumer 8 1 — — 9 $ 10,157 $ 630 $ (405 ) $ 65 $ 10,447 Six Months Ended June 30, 2018 Real estate Residential $ 3,137 $ 68 $ — $ 2 $ 3,207 Commercial 2,860 103 (22 ) 7 2,948 Construction 1,646 243 — — 1,889 Commercial 1,497 45 (147 ) 1 1,396 Credit card 885 685 (658 ) 86 998 Other consumer 8 1 — — 9 $ 10,033 $ 1,145 $ (827 ) $ 96 $ 10,447 The following tables present, by class and reserving methodology, the allocation of the allowance for loan losses and the gross investment in loans. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are individually classified as impaired. The general component covers non-impaired loans and is based on historical loss experience adjusted for current economic factors. Allowance for Loan Loss Composition (in thousands) Allowance for Loan Losses Ending Balance Evaluated for Impairment: Outstanding Loan Balances Evaluated for Impairment: June 30, 2019 Individually Collectively Individually Collectively Real estate Residential $ — $ 3,915 $ 2,187 $ 424,700 Commercial — 3,116 1,465 296,426 Construction 43 2,161 2,143 167,082 Commercial 334 1,138 1,002 123,434 Credit card — 1,199 — 40,141 Other consumer — 7 — 1,015 $ 377 $ 11,536 $ 6,797 $ 1,052,798 December 31, 2018 Real estate Residential $ — $ 3,541 $ 2,120 $ 405,724 Commercial — 3,003 1,486 277,205 Construction — 2,093 — 157,586 Commercial 262 1,316 749 121,515 Credit card — 1,084 — 34,673 Other consumer — 9 — 1,202 $ 262 $ 11,046 $ 4,355 $ 997,905 Past due loans, segregated by age and class of loans, as of June 30, 2019 and December 31, 2018 were as follows: Loans Past Due Accruing Loans 90 or More Days Past Due Loans 30-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Non accrual Loans (in thousands) June 30, 2019 Real estate Residential $ 2,034 $ 1,605 $ 3,639 $ 423,248 $ 426,887 $ — $ 2,187 Commercial 244 1,509 1,753 296,138 297,891 45 1,465 Construction — 2,143 2,143 167,082 169,225 — 2,143 Commercial 729 872 1,601 122,835 124,436 — 1,002 Credit card 4,184 3 4,187 35,954 40,141 3 — Other consumer — — — 1,015 1,015 — — $ 7,191 $ 6,132 $ 13,323 $ 1,046,272 $ 1,059,595 $ 48 $ 6,797 Acquired loans included in total above $ 517 $ 725 $ 1,242 $ 6,223 $ 7,465 $ — $ 840 December 31, 2018 Real estate Residential $ 1,070 $ 2,081 $ 3,151 $ 404,693 $ 407,844 $ 235 $ 2,207 Commercial 1,746 1,431 3,177 275,514 278,691 — 1,486 Construction — — — 157,586 157,586 — — Commercial 612 398 1,010 121,254 122,264 — 749 Credit card 3,771 2 3,773 30,900 34,673 2 — Other consumer — — — 1,202 1,202 — — $ 7,199 $ 3,912 $ 11,111 $ 991,149 $ 1,002,260 $ 237 $ 4,442 Acquired loans included in total above $ 521 $ 488 $ 1,009 $ 7,275 $ 8,284 $ 235 $ 582 There were $566 thousand and $221 thousand , respectively, of loans secured by one to four family residential properties in the process of foreclosure as of June 30, 2019 and December 31, 2018 . Impaired loans were as follows: Impaired Loans Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance (in thousands) June 30, 2019 Real estate Residential $ 2,553 $ 2,187 $ — $ 2,187 $ — Commercial 1,548 1,465 — 1,465 — Construction 2,175 2,100 43 2,143 43 Commercial 1,123 357 645 1,002 334 $ 7,399 $ 6,109 $ 688 $ 6,797 $ 377 Acquired loans included above $ 1,172 $ 577 $ 263 $ 840 $ 85 December 31, 2018 Real estate Residential $ 2,411 $ 2,120 $ — $ 2,120 $ — Commercial 1,551 1,486 — 1,486 — Construction 32 — — — — Commercial 856 363 386 749 262 $ 4,850 $ 3,969 $ 386 $ 4,355 $ 262 Acquired loans included above $ 775 $ 497 $ — $ 497 $ — The following tables summarize interest recognized on impaired loans: Interest Recognized on Impaired Loans Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (in thousands) Average Interest Average Interest Real estate Residential $ 2,576 $ 3 $ 2,549 $ 3 Commercial 1,573 — 1,573 — Construction 2,175 1 2,175 1 Commercial 1,517 1 1,517 1 $ 7,841 $ 5 $ 7,814 $ 5 Interest Recognized on Impaired Loans Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands) Average Interest Average Interest Real estate Residential $ 1,573 $ — $ 1,424 $ — Commercial 1,062 — 1,354 — Construction — — — — Commercial 771 — 707 — $ 3,406 $ — $ 3,485 $ — Impaired loans include loans acquired on which management has recorded a nonaccretable discount. Credit quality indicators As part of the ongoing monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators including trends related to the risk grade of loans, the level of classified loans, net charge-offs, nonperforming loans, and the general economic conditions in the Company’s market. The Company utilizes a risk grading matrix to assign a risk grade to each of its loans. A description of the general characteristics of loans characterized as classified is as follows: Special Mention A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date. Special mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Borrowers may exhibit poor liquidity and leverage positions resulting from generally negative cash flow or negative trends in earnings. Access to alternative financing may be limited to finance companies for business borrowers and may be unavailable for commercial real estate borrowers. Substandard A substandard loan is inadequately protected by the current financial condition and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Borrowers may exhibit recent or unexpected unprofitable operations, an inadequate debt service coverage ratio, or marginal liquidity and capitalization. These loans require more intense supervision by Company management. Doubtful A doubtful loan has all the weaknesses inherent as a substandard loan with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The following table presents the balances of classified loans based on the risk grade. Classified loans include Special Mention, Substandard, and Doubtful loans: Loan Classifications (in thousands) Pass (1) Special Mention Substandard Doubtful Total June 30, 2019 Real estate: Residential $ 424,626 $ — $ 2,261 $ — $ 426,887 Commercial 292,342 4,084 1,465 — 297,891 Construction 167,082 — 2,143 — 169,225 Commercial 119,494 3,839 1,103 — 124,436 Credit card 40,141 — — — 40,141 Other consumer 1,015 — — — 1,015 Total $ 1,044,700 $ 7,923 $ 6,972 $ — $ 1,059,595 December 31, 2018 Real estate: Residential $ 405,532 $ 118 $ 2,194 $ — $ 407,844 Commercial 274,247 2,958 1,486 — 278,691 Construction 154,643 843 2,100 — 157,586 Commercial 117,670 3,844 750 — 122,264 Credit card 34,673 — — — 34,673 Other consumer 1,202 — — — 1,202 Total $ 987,967 $ 7,763 $ 6,530 $ — $ 1,002,260 ________________________ (1) Category includes loans graded exceptional, very good, good, satisfactory and pass/watch Impaired loans also include certain loans that have been modified in troubled debt restructurings where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Company’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. Certain TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. The status of TDRs is as follows: Troubled Debt Restructurings (in thousands) Number of Contracts Recorded Investment June 30, 2019 Performing Nonperforming Total Real estate Residential 3 $ — $ 145 $ 145 Commercial 2 — 328 328 5 $ — $ 473 $ 473 Acquired loans included in total above 3 $ — $ 145 $ 145 December 31, 2018 Real estate Residential 3 $ — $ 145 $ 145 Commercial 1 — 139 139 4 $ — $ 284 $ 284 Acquired loans included in total above 3 $ — $ 145 $ 145 During the six months ended June 30, 2019 , there was one new troubled debt restructured loan, for which the scheduled payment was extended, with a pre-modification and post-modification recorded investment of $198 thousand . The Company had no defaulted TDR loans over the last twelve months. There was one restructured loan charged off in the amount of $15 thousand for the six months ended June 30, 2018 . Outstanding loan commitments were as follows: Loan Commitments (in thousands) June 30, 2019 December 31, 2018 Unused lines of credit Commercial $ 46,810 $ 52,083 Commercial real estate 11,324 8,980 Residential real estate 22,379 12,853 Home equity 27,436 27,243 Secured credit card 37,822 29,142 Personal 134 126 Construction commitments Residential real estate 89,902 72,424 Commercial real estate 14,760 6,358 Total unused lines of credit $ 250,567 $ 209,209 Commitments to originate residential loans held for sale $ 288 $ 647 Letters of credit $ 5,502 $ 6,216 Lines of credit are agreements to lend to a customer as long as there is no violation of any condition of the contract. Lines of credit generally have variable interest rates. Such lines do not represent future cash requirements because it is unlikely that all customers will draw upon their lines in full at any time. Loan commitments generally have variable interest rates, fixed expiration dates, and may require payment of a fee. The Company's maximum exposure to credit loss in the event of nonperformance by the customer is the contractual amount of the credit commitment. Loan commitments and lines of credit are made on the same terms, including collateral, as outstanding loans. Management is not aware of any accounting loss to be incurred by funding these loan commitments. The Company maintains an estimated reserve for off balance sheet items such as unfunded lines of credit which is reflected in other liabilities. Activity for this account is as follows: Off Balance Sheet Reserve (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Balance at beginning of period $ 1,043 $ 950 $ 1,053 $ 901 Provision charged to operating expense 103 40 93 89 Balance at end of period $ 1,146 $ 990 $ 1,146 $ 990 The Company makes representations and warranties that loans sold to investors meet their program's guidelines and that the information provided by the borrowers is accurate and complete. In the event of a default on a loan sold, the investor may make a claim for losses due to document deficiencies, program compliance, early payment default, and fraud or borrower misrepresentations. The Company maintains an estimated reserve for potential losses on mortgage loans sold which is reflected in other liabilities. Activity in this reserve is as follows for the periods presented: Mortgage Loan Put-back Reserve (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Balance at beginning of period $ 515 $ 471 $ 501 $ 457 Provision charged to operating expense 43 31 67 58 Charge-offs (31 ) (15 ) (41 ) (28 ) Balance at end of period $ 527 $ 487 $ 527 $ 487

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	As part of its mortgage banking activities, the Company enters into interest rate lock commitments, which are commitments to originate loans whereby the interest rate on the loan is determined prior to funding and the customers have locked into that interest rate. The Company then either locks the loan and rate in with an investor and commits to deliver the loan if settlement occurs (Best Efforts) or commits to deliver the locked loan to an investor in a binding (Mandatory) delivery program. Certain loans under rate lock commitments are covered under forward sales contracts. Forward sales contracts are recorded at fair value with changes in fair value recorded in mortgage banking revenue. Interest rate lock commitments and commitments to deliver loans to investors are considered derivatives. The market value of interest rate lock commitments and best efforts contracts are not readily ascertainable with precision because they are not actively traded in stand-alone markets. The Company determines the fair value of rate lock commitments and delivery contracts by measuring the fair value of the underlying asset, which is impacted by current interest rates and takes into consideration the probability that the rate lock commitments will close or will be funded. On January 7, 2015, the Company entered into an interest rate swap transaction with a notional amount of $2 million . The swap qualifies as a derivative and is designated as a hedging instrument. The swap fixed the interest rate the Company paid on the floating rate junior subordinated debentures for four years beginning on March 16, 2015 and matured on March 16, 2019. Based on the notional amount, the Company paid FTN Financial Markets (“FTN”) quarterly interest at a fixed rate, and FTN paid the Company interest at a rate of three‑month LIBOR plus 1.87% . The unrealized gain (loss), net of income tax, has been recorded in other comprehensive income. The following table reports the commitment and fair value amounts on the outstanding derivatives: Derivatives (in thousands) June 30, 2019 December 31, 2018 Notional amount of open forward sales agreements $ 80,500 $ 25,000 Fair value of open forward delivery sales agreements. (446 ) (253 ) Notional amount of open mandatory delivery commitments 19,074 4,256 Fair value of open mandatory delivery commitments 236 59 Notional amount of interest rate lock commitments 79,017 18,776 Fair value of interest rate lock commitments 229 108 Fair value of interest rate swap — 5

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	On January 1, 2019, the Company adopted ASU 2016-02, Leases, as further explained in Note 1, Summary of Significant Accounting Policies. The Company’s primary leasing activities relate to certain real estate leases entered into in support of the Company’s branch operations and back office operations. On January 1, 2019, the Company leased five of its full service branches and four other locations for corporate/administration activities, operations, and loan production. All property leases under lease agreements have been been designated as operating leases. The Company does not have leases designated as finance leases. The Company determines if an arrangement is a lease at inception. Operating lease right-of-use (“ROU”) assets are included in premises and equipment, and operating lease liabilities are included as other liabilities in the consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As the Company's leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The weighted average discount rate used was 2.24% . The operating lease ROU asset also includes any lease pre-payments. The Company's lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which the Company has elected to account for separately as the non-lease component amounts are readily determinable under most leases. As of June 30, 2019 , the Company’s lease ROU assets and related lease liabilities were $4.5 million and $4.9 million , respectively, and have remaining terms ranging from 1 - 6 years , including extension options that the Company is reasonably certain will be exercised. As of June 30, 2019 , the Company had not entered into any material leases that have not yet commenced. The Company’s lease information is summarized as follows: Leases (in thousands) June 30, 2019 Lease Right of Use Asset Lease asset $ 5,158 Less: Accumulated amortization (617 ) Net lease asset 4,541 Other premises and equipment, net 2,661 Premises and equipment, net $ 7,202 Lease Right of Use Liability Lease liability $ 5,358 Less: Accumulated amortization (493 ) Net lease liability 4,865 Other miscellaneous liabilities 12,833 Other liabilities, net $ 17,698 Future minimum payments for operating leases with initial or remaining terms of one year or more are as follows: Lease Payment Obligations (in thousands) June 30, 2019 Amounts due in: 2019 $ 580 2020 1,203 2021 1,187 2022 824 2023 712 After 2023 420 Total lease payments $ 4,926

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Generally accepted accounting principles define fair value, establish a framework for measuring fair value, recommend disclosures about fair value, and establish a hierarchy for determining fair value measurement. The hierarchy includes three levels and is based upon the valuation techniques used to measure assets and liabilities. The three levels are as follows: Level 1 - Inputs to the valuation method are quoted prices (unadjusted) for identical assets or liabilities in active markets; Level 2 - Inputs to the valuation method include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and Level 3 - Inputs to the valuation method are unobservable and significant to the fair value measurement. Fair value measurements on a recurring basi s Investment securities available for sale - The fair values of the Company's investment securities available for sale are provided by an independent pricing service. The fair values of the Company's securities are determined based on quoted prices for similar securities under Level 2 inputs. Loans held for sale - The fair value of loans held for sale is determined using Level 2 inputs of quoted prices for a similar asset, adjusted for specific attributes of that loan. Derivative financial instruments - Derivative instruments used to hedge residential mortgage loans held for sale and the related interest rate lock commitments include forward commitments to sell mortgage loans and are reported at fair value utilizing Level 2 inputs. The fair values of derivative financial instruments are based on derivative market data inputs as of the valuation date and the underlying value of mortgage loans for rate lock commitments. The interest rate swap is reported at fair value utilizing Level 2 inputs. The Company obtains dealer quotations to value its swap. For purposes of potential valuation adjustments to its derivative position, the Company evaluates the credit risk of its counterparty. Accordingly, the Company has considered factors such as the likelihood of default by the counterparty and the remaining contractual life, among other things, in determining if any fair value adjustment related to credit risk is required. The Company has categorized its financial instruments measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 as follows: Fair Value of Financial Instruments (in thousands) June 30, 2019 Total Level 1 Inputs Level 2 Inputs Level 3 Inputs Investment securities available for sale U.S. government-sponsored enterprises $ 6,477 $ — $ 6,477 $ — Municipal 521 — 521 — Corporate 2,890 — 2,890 — Mortgage-backed securities 29,269 — 29,269 — $ 39,157 $ — $ 39,157 $ — Loans held for sale $ 47,744 $ — $ 47,744 $ — Derivative assets $ 465 $ — $ 465 $ — Derivative liabilities $ 446 $ — $ 446 $ — December 31, 2018 Investment securities available for sale U.S. government-sponsored enterprises $ 17,360 $ — $ 17,360 $ — Municipal 501 — 501 — Corporate 2,885 — 2,885 — Mortgage-backed securities 26,186 — 26,186 — $ 46,932 $ — $ 46,932 $ — Loans held for sale $ 18,526 $ — $ 18,526 $ — Derivative assets $ 172 $ — $ 172 $ — Derivative liabilities $ 253 $ — $ 253 $ — Financial instruments recorded using FASB ASC 825-10 Under FASB ASC 825-10, the Company may elect to report most financial instruments and certain other items at fair value on an instrument-by-instrument basis with changes in fair value reported in net income. After the initial adoption, the election is made at the acquisition of an eligible financial asset, financial liability or firm commitment or when certain specified reconsideration events occur. The fair value election, with respect to an item, may not be revoked once an election is made. The following table reflects the difference between the fair value carrying amount of loans held for sale, measured at fair value under FASB ASC 825-10, and the aggregate unpaid principal amount the Company is contractually entitled to receive at maturity: Fair Value of Loans Held for Sale (in thousands) June 30, 2019 December 31, 2018 Aggregate fair value $ 47,744 $ 18,526 Contractual principal 46,145 17,822 Difference $ 1,599 $ 704 The Company has elected to account for loans held for sale at fair value to eliminate the mismatch that would occur by recording changes in market value on derivative instruments used to hedge loans held for sale while carrying the loans at the lower of cost or market. Fair value measurements on a nonrecurring basis Impaired loans - The Company has measured impairment generally based on the fair value of the loan's collateral and discounted cash flow analysis. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values. As of June 30, 2019 and December 31, 2018 , the fair values consist of loan balances of $6.8 million and $4.4 million , with specific reserves of $377 thousand and $262 thousand , respectively. Foreclosed real estate - The Company's foreclosed real estate is measured at fair value less cost to sell. Fair value was determined based on offers and/or appraisals. Cost to sell the real estate was based on standard market factors. The Company has categorized its foreclosed real estate as Level 3. The Company has categorized its impaired loans and foreclosed real estate as follows: Fair Value of Impaired Loans and Foreclosed Real Estate (in thousands) June 30, 2019 December 31, 2018 Impaired loans Level 1 inputs $ — $ — Level 2 inputs — — Level 3 inputs 6,420 4,093 Total $ 6,420 $ 4,093 Foreclosed real estate Level 1 inputs $ — $ — Level 2 inputs — — Level 3 inputs 149 142 Total $ 149 $ 142 The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at June 30, 2019 and December 31, 2018 : Unobservable Inputs Valuation Technique Unobservable Inputs Range of Inputs Impaired Loans Appraised Value/Discounted Cash Flows Discounts to appraisals or cash flows for estimated holding and/or selling costs 11 to 25% Foreclosed Real Estate Appraised Value/Comparable Sales Discounts to appraisals for estimated holding and/or selling costs 11 to 25% Fair value of financial instruments Fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practical to estimate the value is based upon the characteristics of the instruments and relevant market information. Financial instruments include cash, evidence of ownership in an entity, or contracts that convey or impose on an entity that contractual right or obligation to either receive or deliver cash for another financial instrument. The information used to determine fair value is highly subjective and judgmental in nature and, therefore, the results may not be precise. Subjective factors include, among other things, estimates of cash flows, risk characteristics, credit quality, and interest rates, all of which are subject to change. Since the fair value is estimated as of the balance sheet date, the amounts that will actually be realized or paid upon settlement or maturity on these various instruments could be significantly different. During the first quarter of 2018, the Company adopted ASU 2016-01, “Recognition and Measurement of Financial Assets and Liabilities.” The amendments included within this standard, which are applied prospectively, require the Company to disclose fair value of financial instruments measured at amortized cost on the balance sheet and to measure that fair value using an exit price notion. Prior to adopting the amendments included in the standard, the Company was allowed to measure fair value under an entry price notion. The entry price notion previously applied by the Company used a discounted cash flows technique to calculate the present value of expected future cash flows for a financial instrument. The exit price notion uses the same approach, but also incorporates other factors, such as enhanced credit risk, illiquidity risk, and market factors that sometimes exist in exit prices in dislocated markets. The fair value of the Company’s loan portfolio has always included a credit risk assumption in the determination of the fair value of its loans. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach. The Company divides its loan portfolio into the following categories: variable rate loans, impaired loans, and all other loans. The results are then adjusted to account for credit risk as described above. However, under the new guidance, the Company believes a further credit risk discount must be applied through the use of a discounted cash flow model to compensate for illiquidity risk, based on certain assumptions included within the discounted cash flow model, primarily the use of discount rates that better capture inherent credit risk over the lifetime of a loan. This consideration of enhanced credit risk provides an estimated exit price for the Company’s loan portfolio. For variable-rate loans that reprice frequently and have no significant change in credit risk, fair values approximate carrying values. Fair values for impaired loans are estimated using discounted cash flow models or based on the fair value of the underlying collateral. The fair value of cash and cash equivalents and investments in restricted stocks is the carrying amount. Restricted stock includes equity of the Federal Reserve and other banker’s banks. The fair value of noninterest bearing deposits and securities sold under agreements to repurchase is the carrying amount. The fair value of checking, savings, and money market deposits is the amount payable on demand at the reporting date. Fair value of fixed maturity term accounts and individual retirement accounts is estimated using rates currently offered for accounts of similar remaining maturities. The fair value of certificates of deposit in other financial institutions is estimated based on interest rates currently offered for deposits of similar remaining maturities. The fair value of borrowings is estimated by discounting the value of contractual cash flows using current market rates for borrowings with similar terms and remaining maturities. The fair value of outstanding loan commitments, unused lines of credit, and letters of credit are not included in the table since the carrying value generally approximates fair value. These instruments generate fees that approximate those currently charged to originate similar commitments. The table below presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments. Fair Value of Selected Financial Instruments June 30, 2019 December 31, 2018 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Financial assets Level 1 Cash and due from banks $ 12,253 $ 12,253 $ 10,431 $ 10,431 Interest bearing deposits at other financial institutions 65,284 65,284 22,007 22,007 Federal funds sold 1,991 1,991 2,285 2,285 Restricted investments 4,137 4,137 2,503 2,503 Level 3 Loans receivable, net $ 1,044,377 $ 1,039,071 $ 988,960 $ 979,058 Financial liabilities Level 1 Noninterest bearing deposits $ 279,484 $ 279,484 $ 242,259 $ 242,259 Securities sold under agreements to repurchase — — 3,332 3,332 Level 3 Interest bearing deposits $ 757,520 $ 757,497 $ 712,981 $ 711,876 FHLB advances and other borrowed funds 54,298 54,132 19,393 19,447

Litigation

Litigation	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Litigation	As previously reported in the Company’s quarterly report on Form 10-Q for the quarter ended March 31, 2019, the Bank, along with two other banking institutions, was a defendant in a lawsuit to which on April 9, 2019, the Bank entered into a Settlement Agreement and Joint Tortfeasor Release with the plaintiff. All amounts paid by the Bank were fully funded by its insurance carrier except for $200,000 which was accrued at March 31, 2019 and paid in April, 2019. The Settlement includes a release of all claims in the lawsuit that were or could have been brought and precludes further proceedings. In addition to the lawsuit described above, the Company is involved in legal proceedings occurring in the ordinary course of business. The aggregate effect of these, in management’s opinion, would not be material on the results of operations or financial condition of the Company.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date.

Nature of Business and Basis _2

Nature of Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Nature of operations	Nature of operations: Capital Bancorp, Inc. is a Maryland corporation and bank holding company (the “Company”) for Capital Bank, N.A. (the “Bank”). The Company's primary operations are conducted by the Bank, which operates branches in Rockville, Columbia and North Bethesda, Maryland, Reston, Virginia, and the District of Columbia. The Bank is principally engaged in the business of investing in commercial, real estate, and credit card loans and attracting deposits. The Company conducts mortgage business through Capital Bank Home Loans, formerly Church Street Mortgage, our residential mortgage banking arm; and credit card business through OpenSky®, a secured, digitally-driven nationwide credit card platform. The Bank also originates residential mortgages for sale in the secondary market. The Company formed Church Street Capital, LLC (“Church Street Capital”) in 2014 to provide short-term secured real estate financing to Washington, D.C. area investors and developers that may not meet all Bank credit criteria. In addition, the Company owns all of the stock of Capital Bancorp (MD) Statutory Trust I (the “Trust”). The Trust is a special purpose non-consolidated entity organized for the sole purpose of issuing trust preferred securities.
Basis of presentation	Basis of presentation: The accompanying consolidated financial statements include the activity of the Company and its wholly-owned subsidiaries, the Bank and Church Street Capital. All intercompany transactions have been eliminated in consolidation. The Company reports its activities as a single business segment. In determining the appropriateness of segment definition, the Company considers components of the business about which financial information is available and regularly evaluated relative to resource allocation and performance assessment. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and conform to general practices within the banking industry. On August 15, 2018, the Company completed a four -for-one stock split of the Company's authorized, issued, and outstanding common stock, par value $0.01 per share (the “Stock Split”). At the effective time of the Stock Split, each share of the Company's issued and outstanding common stock was automatically increased to four shares issued and outstanding. No fractional shares were issued in connection with the Stock Split. All share and share-related information presented in these consolidated financial statements have been retroactively adjusted to reflect the increased number of shares resulting from the Stock Split.
Cash and cash equivalents	Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from financial institutions, interest bearing deposits with financial institutions and federal funds sold. Generally, federal funds are sold for one-day periods.
Investment securities	Investment securities Investment securities are classified as available for sale and carried at fair value with unrealized gains and losses included in stockholders’ equity on an after-tax basis. Premiums and discounts on investment securities are amortized or accreted using the interest method. Changes in the fair value of debt securities available for sale are included in stockholders’ equity as unrealized gains and losses, net of the related tax effect. Unrealized losses are periodically reviewed to determine whether the loss represents an other than temporary impairment. Any unrealized losses judged to be other than a temporary impairment will be charged to income.
Loans held for sale	Loans held for sale Mortgage loans originated and intended for sale are recorded at fair value, determined individually, as of the balance sheet date. Fair value is determined based on outstanding investor commitments, or in the absence of such commitments, based on current investor yield requirements. Gains and losses on loan sales are determined by the specific-identification method. The Company’s current practice is to sell residential mortgage loans on a servicing released basis, and, therefore, it has no intangible asset recorded for the value of such servicing. Interest on loans held for sale is credited to income based on the principal amounts outstanding. Upon sale and delivery, loans are legally isolated from the Company and the Company has no ability to restrict or constrain the ability of third‑party investors to pledge or exchange the mortgage loans. The Company does not have the entitlement or ability to repurchase the mortgage loans or unilaterally cause third‑party investors to put the mortgage loans back to the Company. Unrealized and realized gains on loan sales are determined using the specific-identification method and are recognized through mortgage banking activity in the Consolidated Statements of Income. The Company elected to measure loans held for sale at fair value to better align reported results with the underlying economic changes in value of the loans on the Company’s balance sheet.
Loans and Allowance for Loan Losses	Loans and the Allowance for Loan Losses Loans are stated at the principal amount outstanding, adjusted for deferred origination fees, deferred origination costs, discounts on loans acquired, and the allowance for loan losses. Interest is accrued based on the loan principal balances and stated interest rates. Origination fees and costs are recognized as an adjustment to the related loan yield using approximate interest methods. The Company discontinues the accrual of interest when any portion of the principal and interest is 90 days past due and collateral is insufficient to discharge the debt in full. Generally, interest payments on nonaccrual loans are recorded as a reduction of the principal balance. Loans are considered impaired when, based on current information, management believes the Company will not collect all principal and interest payments according to contractual terms. Generally, loans are reviewed for impairment when the risk grade for a loan is downgraded to a classified asset category. The loans are evaluated for appropriate classification, accrual, impairment, and troubled debt restructure (“TDR”) status. If collection of principal is evaluated as doubtful, all payments are applied to principal. A modification of a loan is considered a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Company may consider interest rate reductions, changes to payment terms, extensions of maturities and/or principal reductions. Loans are generally charged-off in part or in full when management determines the loan to be uncollectible. Factors for charge-off that may be considered include: repayments deemed to be projected beyond reasonable time frames, client bankruptcy and lack of assets, and/or collateral deficiencies. The allowance for loan losses is estimated to adequately provide for probable future losses on existing loans. The allowance consists of specific and general components. For loans that are classified as impaired, an allowance is established when the collateral value, if the loan is collateral dependent, or the discounted cash flows of the impaired loan is lower than the carrying value of that loan. The general component covers pools of nonclassified loans and is based on historical loss experience adjusted for qualitative factors. There may be an unallocated component of the allowance, which reflects the margin of imprecision inherent in the underlying assumptions used in the method for estimating specific and general losses in the portfolio. Actual loan performance may differ from those estimates. A loss is recognized as a charge to the allowance when management believes that collection of the loan is unlikely. Collections of loans previously charged off are added to the allowance at the time of recovery. We determine the allowance for loan losses based on the accumulation of various components that are calculated independently in accordance with ASC 450 for pools of loans, ASC 310 for Troubled Debt Restructuring, and ASC 310 for individually evaluated loans. The process for determining an appropriate allowance for loan losses is based on a comprehensive and consistently applied analysis of the loan portfolio. The analysis considers all significant factors that affect the collectibility of the portfolio and supports the credit losses estimated by this process. It is important to recognize that the related process, methodology, and underlying assumptions require a substantial degree of judgment.
Premises and equipment	Premises and equipment Premises and equipment are stated at cost less accumulated depreciation and amortization over two to seven years . Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related property. Leasehold improvements are amortized over the estimated useful lives of the improvements, approximately ten years, or the term of the lease, whichever is less. Expenditures for maintenance, repairs, and minor replacements are charged to noninterest expenses as incurred.
Leases	Leases During the first quarter of 2019, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 applies a right-of-use (“ROU”) model that requires a lessee to record, for all leases with a lease term of more than 12 months, an asset representing its right to use the underlying asset and a liability to make lease payments. The Company has elected to apply the package of practical expedients permitting entities to not reassess: 1) whether any expired or existing contracts are or contain leases; 2) the lease classification for any expired or existing leases; and 3) initial direct costs for any existing leases. Additionally, as provided by ASU 2016-02, the Company has elected not to apply the recognition requirements of ASC 842 to short-term leases, defined as leases with a term of 12 months or less, and to recognize the lease payments in net income on short-term leases on a straight-line basis over the lease term. We adopted the guidance using the modified retrospective approach on January 1, 2019 and elected the practical expedients for transition including the transition option provided in ASU 2018-11, Leases (Topic 842) Targeted Improvements, which allowed the Company to initially apply the new leases standard at the adoption date. Consequently, the reporting for the comparative periods presented continued to be in accordance with ASC Topic 840, Leases . Therefore, the 2018 financial results and disclosures have not been adjusted. The Company is largely accounting for our existing operating leases consistent with prior guidance except for the incremental balance sheet recognition for leases.
Derivative Financial Instruments	Derivative Financial Instruments The Company enters into commitments to fund residential mortgage loans (interest rate locks) with the intention of selling them in the secondary market. The Company also enters into forward sales agreements for certain funded loans and loan commitments. The Company records unfunded commitments intended for loans held for sale and forward sales agreements at fair value with changes in fair value recorded as a component of mortgage banking revenue. Loans originated and intended for sale in the secondary market are carried at fair value. For pipeline loans which are not pre-sold to an investor, the Company manages the interest rate risk on rate lock commitments by entering into forward sale contracts, whereby the Company obtains the right to deliver securities to investors in the future at a specified price. Such contracts are accounted for as derivatives and are recorded at fair value as derivative assets or liabilities, with changes in fair value recorded in mortgage banking revenue. The Company accounts for derivative instruments and hedging activities according to guidelines established in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 815-10, Accounting for Derivative Instruments and Hedging Activities , as amended. The Company recognizes all derivatives as either assets or liabilities on the balance sheet and measures those instruments at fair value. Changes in fair value of derivatives designated and accounted for as cash flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income, net of deferred taxes. Any hedge ineffectiveness would be recognized in the income statement line item pertaining to the hedged item.
Fair Value Measurements	Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market inputs. For financial instruments that are traded actively and have quoted market prices or observable market inputs, there is minimal subjectivity involved in measuring fair value. However, when quoted market prices or observable market inputs are not fully available, significant management judgment may be necessary to estimate fair value. In developing our fair value estimates, we maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value hierarchy defines Level 1 valuations as those based on quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 valuations include inputs based on quoted prices for similar assets or liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 valuations are based on at least one significant assumption not observable in the market, or significant management judgment or estimation, some of which may be internally developed. Financial assets that are recorded at fair value on a recurring basis include investment securities available for sale, loans held for sale, and derivative financial instruments. Financial liabilities that are recorded at fair value on a recurring basis are comprised of derivative financial instruments. See the Fair Value note to our consolidated financial statements.
Income Taxes	Income Taxes Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are recognized when it is deemed more likely than not that the benefits of such deferred income taxes will be realized.
Earnings per share	Earnings per share: Earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares outstanding. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding, adjusted for the dilutive effect of stock options and restricted stock using the treasury stock method.
Comprehensive income	Comprehensive income: The Company reports as comprehensive income all changes in stockholders' equity during the year from sources other than stockholders. Other comprehensive income refers to all components (income, expenses, gains, and losses) of comprehensive income that are excluded from net income. The Company's only two components of other comprehensive income are unrealized gains and losses on investment securities available for sale, net of income taxes, and unrealized gains and losses on cash flow hedges, net of income taxes.
Recently issued accounting pronouncements	Recently issued accounting pronouncements: In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. On July 17, 2019, the FASB voted to issue a proposal for public comment that would potentially result in a postponement of the current expected credit loss standard until January 2023 for certain companies including small reporting companies (as defined by the SEC). Management will continue to monitor any new developments regarding this possible delay. The Company will apply the amendments to the ASU through a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. While early adoption is permitted beginning in first quarter 2019, the Company does not expect to elect that option. The Company is evaluating the impact of the ASU on our consolidated financial statements. In addition to our allowance for loan losses, the Company will also record an allowance for credit losses on debt securities instead of applying the impairment model currently utilized. The amount of the adjustments will be impacted by each portfolio’s composition and credit quality at the adoption date as well as economic conditions and forecasts at that time. In August 2018, the FASB amended the Fair Value Measurement Topic 820 disclosure framework. These amendments include additions, removals and modifications to the fair value disclosure requirements in Topic 820, and are effective for the Company for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted on removed or modified disclosures. The Company does not expect these amendments to have a material effect on its financial statements. In March 2019, the FASB issued codification improvements to ASU Topic 842 - Leases, which clarifies fair value of leases, cash presentation and accounting change disclosures. These codification improvements were adopted to coincide with the adoption of ASU Topic 842 Leases. The adoption of this ASU did not have a material impact on the Company’s Consolidated Financial Statements. In April 2019, the FASB issued codification improvements to ASU Topic 326 - Financial Instruments - Credit Loss, Topic 815 - Derivatives and Hedging, and Subtopic 825-10 - Financial Instruments. This codification provides technical corrections and clarifies issues related to fair value hedges. The Company early adopted this guidance upon issuance, and it did not have a material impact on the Company’s Consolidated Financial Statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company's financial position, results of operations or cash flows.
Reclassifications	Reclassifications: Certain reclassifications have been made to the amounts reported in prior periods to conform to the current period presentation. The reclassifications had no effect on net income or total stockholders' equity.

Nature of Business and Basis _3

Nature of Business and Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of the numerators and denominators used in computing basic and diluted earnings per common share as adjusted for the Stock Split: For the Three Months Ended June 30, 2019 2018 (dollars in thousands, except per share information) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common stockholders $ 4,023 13,718,665 $ 0.30 $ 3,145 11,610,540 $ 0.27 Effect of dilutive securities — 195,377 — 383,849 Dilutive EPS per common share $ 4,023 13,914,042 $ 0.29 $ 3,145 11,994,389 $ 0.26 For the Six Months Ended June 30, 2019 2018 (dollars in thousands, except per share information) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common stockholders $ 7,342 13,707,631 $ 0.54 $ 6,135 11,587,188 $ 0.53 Effect of dilutive securities — 180,419 — 399,122 Dilutive EPS per common share $ 7,342 13,888,050 $ 0.53 $ 6,135 11,986,310 $ 0.51
Schedule of Accumulated Other Comprehensive Income (Loss)	Information concerning the Company's accumulated other comprehensive income (loss) as of June 30, 2019 and December 31, 2018 are as follows: (in thousands) June 30, 2019 December 31, 2018 Unrealized losses on securities available for sale $ (41 ) $ (825 ) Deferred tax benefit 11 227 Other comprehensive loss, net of tax (30 ) (598 ) Unrealized gains on cash flow hedges — 5 Deferred tax expense — (2 ) Other comprehensive income, net of tax — 3 Total accumulated comprehensive loss $ (30 ) $ (595 )

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments	The amortized cost and estimated fair value of investment securities at June 30, 2019 and December 31, 2018 are summarized as follows: Investment Securities Available for Sale (in thousands) June 30, 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale U.S. government-sponsored enterprises $ 6,499 $ — $ (22 ) $ 6,477 Municipal 516 5 — 521 Corporate 2,907 28 (45 ) 2,890 Mortgage-backed securities 29,276 72 (79 ) 29,269 $ 39,198 $ 105 $ (146 ) $ 39,157 December 31, 2018 Available for sale U.S. government-sponsored enterprises $ 17,496 $ — $ (136 ) $ 17,360 Municipal 517 — (16 ) 501 Corporate 2,908 28 (51 ) 2,885 Mortgage-backed securities 26,836 46 (696 ) 26,186 $ 47,757 $ 74 $ (899 ) $ 46,932
Schedule of Investment Portfolio in Continuous Unrealized Loss Position, Fair Value	Information related to unrealized losses in the investment portfolio as of June 30, 2019 and December 31, 2018 are as follows: Investment Securities Unrealized Losses (in thousands) Less than 12 months 12 months or longer Total June 30, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government-sponsored enterprises $ — $ — $ 6,477 $ (22 ) $ 6,477 $ (22 ) Municipal — — — — — — Corporate — — 862 (45 ) 862 (45 ) Mortgage-backed securities — — 14,357 (79 ) 14,357 (79 ) $ — $ — $ 21,696 $ (146 ) $ 21,696 $ (146 ) December 31, 2018 U.S. government-sponsored enterprises $ 496 $ (2 ) $ 16,864 $ (134 ) $ 17,360 $ (136 ) Municipal — — 501 (16 ) 501 (16 ) Corporate — — 857 (51 ) 857 (51 ) Mortgage-backed securities 2,294 (7 ) 21,037 (689 ) 23,331 (696 ) $ 2,790 $ (9 ) $ 39,259 $ (890 ) $ 42,049 $ (899 )
Schedule Of Pledged Securities	A summary of pledged securities at June 30, 2019 and December 31, 2018 are shown below: Pledged Securities June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Securities sold under agreements to repurchase $ — $ — $ 16,032 $ 15,862 Federal Home Loan Bank advances 1,664 1,674 6,713 6,662 $ 1,664 $ 1,674 $ 22,745 $ 22,524
Investments Classified by Contractual Maturity Date	Contractual maturities of U.S. government-sponsored enterprises and corporate securities at June 30, 2019 and December 31, 2018 are shown below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Contractual Maturities June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Within one year $ 6,499 $ 6,477 $ 16,496 $ 16,377 Over one to five years — — 1,000 983 Over five to ten years 2,000 2,028 2,000 2,028 Over ten years 1,423 1,383 1,425 1,358 Mortgage-backed securities (1) 29,276 29,269 26,836 26,186 $ 39,198 $ 39,157 $ 47,757 $ 46,932 _______________ (1) Mortgage-backed securities are due in monthly installments.

Loans Receivable (Tables)

Loans Receivable (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Schedule of Loans Receivable	Major classifications of loans as are as follows: Loan Categories (in thousands) June 30, 2019 December 31, 2018 Real estate Residential $ 426,887 $ 407,844 Commercial 297,891 278,691 Construction 169,225 157,586 Commercial 124,436 122,264 Credit card 40,141 34,673 Other consumer 1,015 1,202 1,059,595 1,002,260 Deferred origination fees, net (3,305 ) (1,992 ) Allowance for loan losses (11,913 ) (11,308 ) Loans receivable, net $ 1,044,377 $ 988,960
Schedule Of Activity In Accretable Discounts On Loans Acquired	Accretable discounts on loans acquired is summarized as follows: Accretable Discounts on Loans Acquired (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Accretable discount at beginning of period $ 430 $ 531 $ 438 $ 543 Accretion and payoff of loans (6 ) (12 ) (14 ) (24 ) Accretable discount at end of period $ 424 $ 519 $ 424 $ 519
Allowance for Credit Losses on Loans Receivables	The following tables set forth the changes in the allowance for loan losses and an allocation of the allowance for loan losses by class for the three and six months ended June 30, 2019 and June 30, 2018 . Allowance for Loan Losses (in thousands) Beginning Provision for Charge-Offs Ending Three Months Ended June 30, 2019 Recoveries Real estate Residential $ 3,939 $ (24 ) $ — $ — $ 3,915 Commercial 2,894 217 — 5 3,116 Construction 2,062 142 — — 2,204 Commercial 1,451 49 (28 ) — 1,472 Credit card 992 295 (90 ) 2 1,199 Other consumer 9 (2 ) — — 7 $ 11,347 $ 677 $ (118 ) $ 7 $ 11,913 Six Months Ended June 30, 2019 Real estate Residential $ 3,541 $ 374 $ — $ — $ 3,915 Commercial 3,003 106 — 7 3,116 Construction 2,093 111 — — 2,204 Commercial 1,578 (78 ) (28 ) — 1,472 Credit card 1,084 287 (183 ) 11 1,199 Other consumer 9 (2 ) — — 7 $ 11,308 $ 798 $ (211 ) $ 18 $ 11,913 Allowance for Loan Losses (in thousands) Beginning Provision for Charge-Offs Ending Three Months Ended June 30, 2018 Recoveries Real estate Residential $ 3,175 $ 31 $ — $ 1 $ 3,207 Commercial 2,933 33 (22 ) 4 2,948 Construction 1,804 85 — — 1,889 Commercial 1,414 113 (131 ) — 1,396 Credit card 823 367 (252 ) 60 998 Other consumer 8 1 — — 9 $ 10,157 $ 630 $ (405 ) $ 65 $ 10,447 Six Months Ended June 30, 2018 Real estate Residential $ 3,137 $ 68 $ — $ 2 $ 3,207 Commercial 2,860 103 (22 ) 7 2,948 Construction 1,646 243 — — 1,889 Commercial 1,497 45 (147 ) 1 1,396 Credit card 885 685 (658 ) 86 998 Other consumer 8 1 — — 9 $ 10,033 $ 1,145 $ (827 ) $ 96 $ 10,447 The following tables present, by class and reserving methodology, the allocation of the allowance for loan losses and the gross investment in loans. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are individually classified as impaired. The general component covers non-impaired loans and is based on historical loss experience adjusted for current economic factors. Allowance for Loan Loss Composition (in thousands) Allowance for Loan Losses Ending Balance Evaluated for Impairment: Outstanding Loan Balances Evaluated for Impairment: June 30, 2019 Individually Collectively Individually Collectively Real estate Residential $ — $ 3,915 $ 2,187 $ 424,700 Commercial — 3,116 1,465 296,426 Construction 43 2,161 2,143 167,082 Commercial 334 1,138 1,002 123,434 Credit card — 1,199 — 40,141 Other consumer — 7 — 1,015 $ 377 $ 11,536 $ 6,797 $ 1,052,798 December 31, 2018 Real estate Residential $ — $ 3,541 $ 2,120 $ 405,724 Commercial — 3,003 1,486 277,205 Construction — 2,093 — 157,586 Commercial 262 1,316 749 121,515 Credit card — 1,084 — 34,673 Other consumer — 9 — 1,202 $ 262 $ 11,046 $ 4,355 $ 997,905
Past Due Loans Receivables	Past due loans, segregated by age and class of loans, as of June 30, 2019 and December 31, 2018 were as follows: Loans Past Due Accruing Loans 90 or More Days Past Due Loans 30-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Non accrual Loans (in thousands) June 30, 2019 Real estate Residential $ 2,034 $ 1,605 $ 3,639 $ 423,248 $ 426,887 $ — $ 2,187 Commercial 244 1,509 1,753 296,138 297,891 45 1,465 Construction — 2,143 2,143 167,082 169,225 — 2,143 Commercial 729 872 1,601 122,835 124,436 — 1,002 Credit card 4,184 3 4,187 35,954 40,141 3 — Other consumer — — — 1,015 1,015 — — $ 7,191 $ 6,132 $ 13,323 $ 1,046,272 $ 1,059,595 $ 48 $ 6,797 Acquired loans included in total above $ 517 $ 725 $ 1,242 $ 6,223 $ 7,465 $ — $ 840 December 31, 2018 Real estate Residential $ 1,070 $ 2,081 $ 3,151 $ 404,693 $ 407,844 $ 235 $ 2,207 Commercial 1,746 1,431 3,177 275,514 278,691 — 1,486 Construction — — — 157,586 157,586 — — Commercial 612 398 1,010 121,254 122,264 — 749 Credit card 3,771 2 3,773 30,900 34,673 2 — Other consumer — — — 1,202 1,202 — — $ 7,199 $ 3,912 $ 11,111 $ 991,149 $ 1,002,260 $ 237 $ 4,442 Acquired loans included in total above $ 521 $ 488 $ 1,009 $ 7,275 $ 8,284 $ 235 $ 582
Impaired Loans Receivables	Impaired loans were as follows: Impaired Loans Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance (in thousands) June 30, 2019 Real estate Residential $ 2,553 $ 2,187 $ — $ 2,187 $ — Commercial 1,548 1,465 — 1,465 — Construction 2,175 2,100 43 2,143 43 Commercial 1,123 357 645 1,002 334 $ 7,399 $ 6,109 $ 688 $ 6,797 $ 377 Acquired loans included above $ 1,172 $ 577 $ 263 $ 840 $ 85 December 31, 2018 Real estate Residential $ 2,411 $ 2,120 $ — $ 2,120 $ — Commercial 1,551 1,486 — 1,486 — Construction 32 — — — — Commercial 856 363 386 749 262 $ 4,850 $ 3,969 $ 386 $ 4,355 $ 262 Acquired loans included above $ 775 $ 497 $ — $ 497 $ — The following tables summarize interest recognized on impaired loans: Interest Recognized on Impaired Loans Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (in thousands) Average Interest Average Interest Real estate Residential $ 2,576 $ 3 $ 2,549 $ 3 Commercial 1,573 — 1,573 — Construction 2,175 1 2,175 1 Commercial 1,517 1 1,517 1 $ 7,841 $ 5 $ 7,814 $ 5 Interest Recognized on Impaired Loans Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands) Average Interest Average Interest Real estate Residential $ 1,573 $ — $ 1,424 $ — Commercial 1,062 — 1,354 — Construction — — — — Commercial 771 — 707 — $ 3,406 $ — $ 3,485 $ —
Loans Receivables Credit Quality Indicators	The following table presents the balances of classified loans based on the risk grade. Classified loans include Special Mention, Substandard, and Doubtful loans: Loan Classifications (in thousands) Pass (1) Special Mention Substandard Doubtful Total June 30, 2019 Real estate: Residential $ 424,626 $ — $ 2,261 $ — $ 426,887 Commercial 292,342 4,084 1,465 — 297,891 Construction 167,082 — 2,143 — 169,225 Commercial 119,494 3,839 1,103 — 124,436 Credit card 40,141 — — — 40,141 Other consumer 1,015 — — — 1,015 Total $ 1,044,700 $ 7,923 $ 6,972 $ — $ 1,059,595 December 31, 2018 Real estate: Residential $ 405,532 $ 118 $ 2,194 $ — $ 407,844 Commercial 274,247 2,958 1,486 — 278,691 Construction 154,643 843 2,100 — 157,586 Commercial 117,670 3,844 750 — 122,264 Credit card 34,673 — — — 34,673 Other consumer 1,202 — — — 1,202 Total $ 987,967 $ 7,763 $ 6,530 $ — $ 1,002,260 ________________________ (1) Category includes loans graded exceptional, very good, good, satisfactory and pass/watch
Troubled Debt Restructurings on Loans Receivables	The status of TDRs is as follows: Troubled Debt Restructurings (in thousands) Number of Contracts Recorded Investment June 30, 2019 Performing Nonperforming Total Real estate Residential 3 $ — $ 145 $ 145 Commercial 2 — 328 328 5 $ — $ 473 $ 473 Acquired loans included in total above 3 $ — $ 145 $ 145 December 31, 2018 Real estate Residential 3 $ — $ 145 $ 145 Commercial 1 — 139 139 4 $ — $ 284 $ 284 Acquired loans included in total above 3 $ — $ 145 $ 145
Schedule Of Outstanding Loan Commitments	Outstanding loan commitments were as follows: Loan Commitments (in thousands) June 30, 2019 December 31, 2018 Unused lines of credit Commercial $ 46,810 $ 52,083 Commercial real estate 11,324 8,980 Residential real estate 22,379 12,853 Home equity 27,436 27,243 Secured credit card 37,822 29,142 Personal 134 126 Construction commitments Residential real estate 89,902 72,424 Commercial real estate 14,760 6,358 Total unused lines of credit $ 250,567 $ 209,209 Commitments to originate residential loans held for sale $ 288 $ 647 Letters of credit $ 5,502 $ 6,216
Schedule of Credit Losses for Financing Receivables	The Company's maximum exposure to credit loss in the event of nonperformance by the customer is the contractual amount of the credit commitment. Loan commitments and lines of credit are made on the same terms, including collateral, as outstanding loans. Management is not aware of any accounting loss to be incurred by funding these loan commitments. The Company maintains an estimated reserve for off balance sheet items such as unfunded lines of credit which is reflected in other liabilities. Activity for this account is as follows: Off Balance Sheet Reserve (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Balance at beginning of period $ 1,043 $ 950 $ 1,053 $ 901 Provision charged to operating expense 103 40 93 89 Balance at end of period $ 1,146 $ 990 $ 1,146 $ 990 The Company makes representations and warranties that loans sold to investors meet their program's guidelines and that the information provided by the borrowers is accurate and complete. In the event of a default on a loan sold, the investor may make a claim for losses due to document deficiencies, program compliance, early payment default, and fraud or borrower misrepresentations. The Company maintains an estimated reserve for potential losses on mortgage loans sold which is reflected in other liabilities. Activity in this reserve is as follows for the periods presented: Mortgage Loan Put-back Reserve (in thousands) For the Three Months Ended For the Six Months Ended June 30, 2019 June 30, 2018 June 30, 2019 June 30, 2018 Balance at beginning of period $ 515 $ 471 $ 501 $ 457 Provision charged to operating expense 43 31 67 58 Charge-offs (31 ) (15 ) (41 ) (28 ) Balance at end of period $ 527 $ 487 $ 527 $ 487

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table reports the commitment and fair value amounts on the outstanding derivatives: Derivatives (in thousands) June 30, 2019 December 31, 2018 Notional amount of open forward sales agreements $ 80,500 $ 25,000 Fair value of open forward delivery sales agreements. (446 ) (253 ) Notional amount of open mandatory delivery commitments 19,074 4,256 Fair value of open mandatory delivery commitments 236 59 Notional amount of interest rate lock commitments 79,017 18,776 Fair value of interest rate lock commitments 229 108 Fair value of interest rate swap — 5

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Assets And Liabilities, Lessee	The Company’s lease information is summarized as follows: Leases (in thousands) June 30, 2019 Lease Right of Use Asset Lease asset $ 5,158 Less: Accumulated amortization (617 ) Net lease asset 4,541 Other premises and equipment, net 2,661 Premises and equipment, net $ 7,202 Lease Right of Use Liability Lease liability $ 5,358 Less: Accumulated amortization (493 ) Net lease liability 4,865 Other miscellaneous liabilities 12,833 Other liabilities, net $ 17,698
Lessee, Operating Lease, Liability, Maturity	Future minimum payments for operating leases with initial or remaining terms of one year or more are as follows: Lease Payment Obligations (in thousands) June 30, 2019 Amounts due in: 2019 $ 580 2020 1,203 2021 1,187 2022 824 2023 712 After 2023 420 Total lease payments $ 4,926

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The Company has categorized its financial instruments measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 as follows: Fair Value of Financial Instruments (in thousands) June 30, 2019 Total Level 1 Inputs Level 2 Inputs Level 3 Inputs Investment securities available for sale U.S. government-sponsored enterprises $ 6,477 $ — $ 6,477 $ — Municipal 521 — 521 — Corporate 2,890 — 2,890 — Mortgage-backed securities 29,269 — 29,269 — $ 39,157 $ — $ 39,157 $ — Loans held for sale $ 47,744 $ — $ 47,744 $ — Derivative assets $ 465 $ — $ 465 $ — Derivative liabilities $ 446 $ — $ 446 $ — December 31, 2018 Investment securities available for sale U.S. government-sponsored enterprises $ 17,360 $ — $ 17,360 $ — Municipal 501 — 501 — Corporate 2,885 — 2,885 — Mortgage-backed securities 26,186 — 26,186 — $ 46,932 $ — $ 46,932 $ — Loans held for sale $ 18,526 $ — $ 18,526 $ — Derivative assets $ 172 $ — $ 172 $ — Derivative liabilities $ 253 $ — $ 253 $ —
Schedule Of Fair Value Of Loans Held For Sale	The following table reflects the difference between the fair value carrying amount of loans held for sale, measured at fair value under FASB ASC 825-10, and the aggregate unpaid principal amount the Company is contractually entitled to receive at maturity: Fair Value of Loans Held for Sale (in thousands) June 30, 2019 December 31, 2018 Aggregate fair value $ 47,744 $ 18,526 Contractual principal 46,145 17,822 Difference $ 1,599 $ 704
Fair Value Measurements, Nonrecurring	The Company has categorized its impaired loans and foreclosed real estate as follows: Fair Value of Impaired Loans and Foreclosed Real Estate (in thousands) June 30, 2019 December 31, 2018 Impaired loans Level 1 inputs $ — $ — Level 2 inputs — — Level 3 inputs 6,420 4,093 Total $ 6,420 $ 4,093 Foreclosed real estate Level 1 inputs $ — $ — Level 2 inputs — — Level 3 inputs 149 142 Total $ 149 $ 142
Fair Value Measurement Inputs and Valuation Techniques	The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at June 30, 2019 and December 31, 2018 : Unobservable Inputs Valuation Technique Unobservable Inputs Range of Inputs Impaired Loans Appraised Value/Discounted Cash Flows Discounts to appraisals or cash flows for estimated holding and/or selling costs 11 to 25% Foreclosed Real Estate Appraised Value/Comparable Sales Discounts to appraisals for estimated holding and/or selling costs 11 to 25%
Fair Value Measurements, Recurring and Nonrecurring	The table below presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments. Fair Value of Selected Financial Instruments June 30, 2019 December 31, 2018 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Financial assets Level 1 Cash and due from banks $ 12,253 $ 12,253 $ 10,431 $ 10,431 Interest bearing deposits at other financial institutions 65,284 65,284 22,007 22,007 Federal funds sold 1,991 1,991 2,285 2,285 Restricted investments 4,137 4,137 2,503 2,503 Level 3 Loans receivable, net $ 1,044,377 $ 1,039,071 $ 988,960 $ 979,058 Financial liabilities Level 1 Noninterest bearing deposits $ 279,484 $ 279,484 $ 242,259 $ 242,259 Securities sold under agreements to repurchase — — 3,332 3,332 Level 3 Interest bearing deposits $ 757,520 $ 757,497 $ 712,981 $ 711,876 FHLB advances and other borrowed funds 54,298 54,132 19,393 19,447

Nature of Business and Basis _4

Nature of Business and Basis of Presentation - Initial Public Offering (Details) - Common Stock - IPO $ / shares in Units, $ in Millions	1 Months Ended
	Oct. 31, 2018USD ($)$ / sharesshares
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction (in shares)	2,563,046
Sale of stock, price per share (in dollars per share) | $ / shares	$ 12.50
Sale of stock, consideration received | $	$ 19.8
Underwriting discount and offering costs | $	$ (3.2)
Parent Company
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction (in shares)	1,834,310
Affiliated Entity | Selling Shareholders
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction (in shares)	728,736

Nature of Business and Basis _5

Nature of Business and Basis of Presentation - Additional Information (Details)	Aug. 15, 2018$ / shares	Jun. 30, 2019$ / shares	Dec. 31, 2018$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock split, conversion ratio	4
Leasehold Improvements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Property, plant and equipment, useful life		10 years
Minimum | Premises and Equipment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Property, plant and equipment, useful life		2 years
Maximum | Premises and Equipment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Property, plant and equipment, useful life		7 years

Nature of Business and Basis _6

Nature of Business and Basis of Presentation - Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-use asset	$ 5,158
Operating lease, liability	$ 5,358
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-use asset		$ 5,200
Operating lease, liability		5,400
Adoption of lease standard		(54)
Retained Earnings | Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adoption of lease standard		(54)
Lease Liabilities | Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adoption of lease standard		$ 146

Nature of Business and Basis _7

Nature of Business and Basis of Presentation - Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic EPS
Net income	$ 4,023	$ 3,145	$ 7,342	$ 6,135
Weighted average number of shares outstanding, basic (in shares)	13,718,665	11,610,540	13,707,631	11,587,188
Basic earnings per share (in dollars per share)	$ 0.30	$ 0.27	$ 0.54	$ 0.53
Effect of dilutive securities (in shares)	195,377	383,849	180,419	399,122
Weighted average number of shares outstanding, diluted (in shares)	13,914,042	11,994,389	13,888,050	11,986,310
Diluted earnings per share (in dollars per share)	$ 0.29	$ 0.26	$ 0.53	$ 0.51
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)			273,600	263,252

Nature of Business and Basis _8

Nature of Business and Basis of Presentation - Comprehensive Income (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total accumulated comprehensive loss	$ (30)	$ (595)
Accumulated Net Investment Gain (Loss) Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before tax	(41)	(825)
Deferred tax benefit (expense)	11	227
Total accumulated comprehensive loss	(30)	(598)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before tax	0	5
Deferred tax benefit (expense)	0	(2)
Total accumulated comprehensive loss	0	3
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total accumulated comprehensive loss	$ (30)	$ (595)

Investment Securities - Amortiz

Investment Securities - Amortized cost to Estimated Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 39,198		$ 39,198		$ 47,757
Unrealized Gains	105		105		74
Unrealized Losses	(146)		(146)		(899)
Fair Value	39,157		39,157		46,932
Proceeds from sale of securities available for sale			3,280	$ 345
Debt securities, available-for-sale, realized gain (loss)	26	$ 1	26	$ (2)
U.S. government-sponsored enterprises
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	6,499		6,499		17,496
Unrealized Gains	0		0		0
Unrealized Losses	(22)		(22)		(136)
Fair Value	6,477		6,477		17,360
Municipal
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	516		516		517
Unrealized Gains	5		5		0
Unrealized Losses	0		0		(16)
Fair Value	521		521		501
Corporate
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,907		2,907		2,908
Unrealized Gains	28		28		28
Unrealized Losses	(45)		(45)		(51)
Fair Value	2,890		2,890		2,885
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	29,276		29,276		26,836
Unrealized Gains	72		72		46
Unrealized Losses	(79)		(79)		(696)
Fair Value	$ 29,269		$ 29,269		$ 26,186

Investment Securities - Unreali

Investment Securities - Unrealized Losses (Details) $ in Thousands	Jun. 30, 2019USD ($)security	Dec. 31, 2018USD ($)security
Fair Value
AFS, Less than 12 Months, Fair Value	$ 0	$ 2,790
AFS,12 Months or Longer, Fair Value	21,696	39,259
AFS,Total, Fair Value	21,696	42,049
Unrealized Losses
AFS, Less than 12 months, Unrealized Losses	0	(9)
AFS, 12 months or longer, Unrealized Losses	(146)	(890)
AFS, Total, Unrealized Losses	(146)	(899)
U.S. government-sponsored enterprises
Fair Value
AFS, Less than 12 Months, Fair Value	0	496
AFS,12 Months or Longer, Fair Value	6,477	16,864
AFS,Total, Fair Value	6,477	17,360
Unrealized Losses
AFS, Less than 12 months, Unrealized Losses	0	(2)
AFS, 12 months or longer, Unrealized Losses	(22)	(134)
AFS, Total, Unrealized Losses	$ (22)	$ (136)
Number of securities in a loss position for greater than twelve months | security	4	9
Municipal
Fair Value
AFS, Less than 12 Months, Fair Value	$ 0	$ 0
AFS,12 Months or Longer, Fair Value	0	501
AFS,Total, Fair Value	0	501
Unrealized Losses
AFS, Less than 12 months, Unrealized Losses	0	0
AFS, 12 months or longer, Unrealized Losses	0	(16)
AFS, Total, Unrealized Losses	0	(16)
Corporate
Fair Value
AFS, Less than 12 Months, Fair Value	0	0
AFS,12 Months or Longer, Fair Value	862	857
AFS,Total, Fair Value	862	857
Unrealized Losses
AFS, Less than 12 months, Unrealized Losses	0	0
AFS, 12 months or longer, Unrealized Losses	(45)	(51)
AFS, Total, Unrealized Losses	$ (45)	$ (51)
Number of securities in a loss position for greater than twelve months | security	2	2
Mortgage-backed securities
Fair Value
AFS, Less than 12 Months, Fair Value	$ 0	$ 2,294
AFS,12 Months or Longer, Fair Value	14,357	21,037
AFS,Total, Fair Value	14,357	23,331
Unrealized Losses
AFS, Less than 12 months, Unrealized Losses	0	(7)
AFS, 12 months or longer, Unrealized Losses	(79)	(689)
AFS, Total, Unrealized Losses	$ (79)	$ (696)
Number of securities in a loss position for greater than twelve months | security	10	15

Investment Securities - Pledged

Investment Securities - Pledged Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized Cost
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	$ 1,664	$ 22,745
Fair Value
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	1,674	22,524
Securities sold under agreements to repurchase | Amortized Cost
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	0	16,032
Securities sold under agreements to repurchase | Fair Value
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	0	15,862
Federal Home Loan Bank advances | Amortized Cost
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	1,664	6,713
Federal Home Loan Bank advances | Fair Value
Assets Sold under Agreements to Repurchase [Line Items]
Securities pledged	$ 1,674	$ 6,662

Investment Securities - by Matu

Investment Securities - by Maturity Dates (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized Cost
AFS Debt Maturities, Within one year, Amortized Cost	$ 6,499	$ 16,496
AFS Debt Maturities, Over one to five years, Amortized Cost	0	1,000
AFS Debt Maturities, Over five to ten years, Amortized Cost	2,000	2,000
AFS Debt Maturities, Over ten years, Amortized Cost	1,423	1,425
Amortized Cost	39,198	47,757
Fair Value
AFS Debt Maturities, Within one year, Fair Value	6,477	16,377
AFS Debt Maturities, Over one to five years, Fair Value	0	983
AFS Debt Maturities, Over five to ten years, Fair Value	2,028	2,028
AFS Debt Maturities, Over ten years, Fair Value	1,383	1,358
Fair Value	39,157	46,932
Mortgage-backed securities
Amortized Cost
Amortized Cost	29,276	26,836
Fair Value
Fair Value	$ 29,269	$ 26,186

Loans Receivable - Classificati

Loans Receivable - Classification of Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	$ 1,059,595		$ 1,002,260
Deferred origination fees, net	(3,305)		(1,992)
Allowance for loan losses	(11,913)	$ (11,347)	(11,308)	$ (10,447)	$ (10,157)	$ (10,033)
Loans receivable, net	1,044,377		988,960
Residential | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	426,887		407,844
Allowance for loan losses	(3,915)	(3,939)	(3,541)	(3,207)	(3,175)	(3,137)
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	124,436		122,264
Allowance for loan losses	(1,472)	(1,451)	(1,578)	(1,396)	(1,414)	(1,497)
Commercial | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	297,891		278,691
Allowance for loan losses	$ (3,116)	(2,894)	(3,003)	(2,948)	(2,933)	(2,860)
Fixed interest rate term	5 years
Initial commitment term	10 years
Amortization period	25 years
Construction | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	$ 169,225		157,586
Allowance for loan losses	(2,204)	(2,062)	(2,093)	(1,889)	(1,804)	(1,646)
Consumer | Credit card
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	40,141		34,673
Allowance for loan losses	(1,199)	(992)	(1,084)	(998)	(823)	(885)
Consumer | Credit card | Savings Deposits
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	$ 37,900		32,500
Repayment history used for scoring model	6 months
Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	$ 1,015		1,202
Allowance for loan losses	$ (7)	$ (9)	$ (9)	$ (9)	$ (8)	$ (8)
Minimum | Construction | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Initial commitment term	12 months
Maximum | Construction | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Initial commitment term	18 months
Owner Occupied Real Estate | Residential | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Initial commitment term	30 years
Owner Occupied Real Estate | Commercial | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable, gross	$ 139,600
Percent of real estate portfolio	47.00%
Owner Occupied Real Estate | Construction | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Principal to collateral value ratio, percent	80.00%
Owner Occupied Real Estate | Minimum | Residential | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Fixed interest rate term	5 years
Owner Occupied Real Estate | Maximum | Residential | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Fixed interest rate term	7 years
Investor Real Estate | Residential | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Initial commitment term	25 years
Balloon payment period	5 years
Debt service coverage ratio	1.15
Investor Real Estate | Construction | Real estate
Loans and Leases Receivable Disclosure [Line Items]
Principal to collateral value ratio, percent	75.00%

Loans Receivable - Accretable D

Loans Receivable - Accretable Discount (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remaining nonaccretable discount	$ 354		$ 354
Loans receivable, net	1,300		1,300
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Accretable discount at beginning of period	430	$ 531	438	$ 543
Accretion and payoff of loans	(6)	(12)	(14)	(24)
Accretable discount at end of period	$ 424	$ 519	$ 424	$ 438

Loans Receivable - Allowance fo

Loans Receivable - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	$ 11,347	$ 10,157	$ 11,308	$ 10,033
Provision for loan losses	677	630	798	1,145
Charge-Offs	(118)	(405)	(211)	(827)
Recoveries	7	65	18	96
Balance at end of year	11,913	10,447	11,913	10,447
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	377		377		$ 262
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	11,536		11,536		11,046
Outstanding Loan Balances Evaluated for Impairment - Individually	6,797		6,797		4,355
Outstanding Loan Balances Evaluated for Impairment - Collectively	1,052,798		1,052,798		997,905
Consumer | Other consumer
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	9	8	9	8
Provision for loan losses	(2)	1	(2)	1
Charge-Offs	0	0	0	0
Recoveries	0	0	0	0
Balance at end of year	7	9	7	9
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	0		0		0
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	7		7		9
Outstanding Loan Balances Evaluated for Impairment - Individually	0		0		0
Outstanding Loan Balances Evaluated for Impairment - Collectively	1,015		1,015		1,202
Consumer | Credit card
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	992	823	1,084	885
Provision for loan losses	295	367	287	685
Charge-Offs	(90)	(252)	(183)	(658)
Recoveries	2	60	11	86
Balance at end of year	1,199	998	1,199	998
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	0		0		0
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	1,199		1,199		1,084
Outstanding Loan Balances Evaluated for Impairment - Individually	0		0		0
Outstanding Loan Balances Evaluated for Impairment - Collectively	40,141		40,141		34,673
Construction | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	2,062	1,804	2,093	1,646
Provision for loan losses	142	85	111	243
Charge-Offs	0	0	0	0
Recoveries	0	0	0	0
Balance at end of year	2,204	1,889	2,204	1,889
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	43		43		0
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	2,161		2,161		2,093
Outstanding Loan Balances Evaluated for Impairment - Individually	2,143		2,143		0
Outstanding Loan Balances Evaluated for Impairment - Collectively	167,082		167,082		157,586
Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	1,451	1,414	1,578	1,497
Provision for loan losses	49	113	(78)	45
Charge-Offs	(28)	(131)	(28)	(147)
Recoveries	0	0	0	1
Balance at end of year	1,472	1,396	1,472	1,396
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	334		334		262
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	1,138		1,138		1,316
Outstanding Loan Balances Evaluated for Impairment - Individually	1,002		1,002		749
Outstanding Loan Balances Evaluated for Impairment - Collectively	123,434		123,434		121,515
Commercial | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	2,894	2,933	3,003	2,860
Provision for loan losses	217	33	106	103
Charge-Offs	0	(22)	0	(22)
Recoveries	5	4	7	7
Balance at end of year	3,116	2,948	3,116	2,948
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	0		0		0
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	3,116		3,116		3,003
Outstanding Loan Balances Evaluated for Impairment - Individually	1,465		1,465		1,486
Outstanding Loan Balances Evaluated for Impairment - Collectively	296,426		296,426		277,205
Residential | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	3,939	3,175	3,541	3,137
Provision for loan losses	(24)	31	374	68
Charge-Offs	0	0	0	0
Recoveries	0	1	0	2
Balance at end of year	3,915	$ 3,207	3,915	$ 3,207
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Individually	0		0		0
Allowance for Loan Losses Ending Balance Evaluated for Impairment - Collectively	3,915		3,915		3,541
Outstanding Loan Balances Evaluated for Impairment - Individually	2,187		2,187		2,120
Outstanding Loan Balances Evaluated for Impairment - Collectively	$ 424,700		$ 424,700		$ 405,724

Loans Receivable - Past Due Fin

Loans Receivable - Past Due Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	$ 13,323	$ 11,111
Current Loans	1,046,272	991,149
Total Loans	1,059,595	1,002,260
Accruing Loans 90 or More Days Past Due	48	237
Nonaccrual Loans	6,797	4,442
Residential Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	566	221
Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	7,191	7,199
Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	6,132	3,912
Acquired loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	1,242	1,009
Current Loans	6,223	7,275
Total Loans	7,465	8,284
Accruing Loans 90 or More Days Past Due	0	235
Nonaccrual Loans	840	582
Acquired loans | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	517	521
Acquired loans | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	725	488
Residential | Real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	3,639	3,151
Current Loans	423,248	404,693
Total Loans	426,887	407,844
Accruing Loans 90 or More Days Past Due	0	235
Nonaccrual Loans	2,187	2,207
Residential | Real estate | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	2,034	1,070
Residential | Real estate | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	1,605	2,081
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	1,601	1,010
Current Loans	122,835	121,254
Total Loans	124,436	122,264
Accruing Loans 90 or More Days Past Due	0	0
Nonaccrual Loans	1,002	749
Commercial | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	729	612
Commercial | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	872	398
Commercial | Real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	1,753	3,177
Current Loans	296,138	275,514
Total Loans	297,891	278,691
Accruing Loans 90 or More Days Past Due	45	0
Nonaccrual Loans	1,465	1,486
Commercial | Real estate | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	244	1,746
Commercial | Real estate | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	1,509	1,431
Construction | Real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	2,143	0
Current Loans	167,082	157,586
Total Loans	169,225	157,586
Accruing Loans 90 or More Days Past Due	0	0
Nonaccrual Loans	2,143	0
Construction | Real estate | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	0	0
Construction | Real estate | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	2,143	0
Consumer | Credit card
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	4,187	3,773
Current Loans	35,954	30,900
Total Loans	40,141	34,673
Accruing Loans 90 or More Days Past Due	3	2
Nonaccrual Loans	0	0
Consumer | Credit card | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	4,184	3,771
Consumer | Credit card | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	3	2
Consumer | Other consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	0	0
Current Loans	1,015	1,202
Total Loans	1,015	1,202
Accruing Loans 90 or More Days Past Due	0	0
Nonaccrual Loans	0	0
Consumer | Other consumer | Loans 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	0	0
Consumer | Other consumer | Loans 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Loans	$ 0	$ 0

Loans Receivable - Impaired Loa

Loans Receivable - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 7,399		$ 7,399		$ 4,850
Recorded Investment With No Allowance	6,109		6,109		3,969
Recorded Investment With Allowance	688		688		386
Total Recorded Investment	6,797		6,797		4,355
Related Allowance	377		377		262
Average Recorded Investment	7,841	$ 7,814	3,406	$ 3,485
Interest Recognized	5	5	0	0
Acquired loans
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	1,172		1,172		775
Recorded Investment With No Allowance	577		577		497
Recorded Investment With Allowance	263		263		0
Total Recorded Investment	840		840		497
Related Allowance	85		85		0
Residential | Real estate
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	2,553		2,553		2,411
Recorded Investment With No Allowance	2,187		2,187		2,120
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	2,187		2,187		2,120
Related Allowance	0		0		0
Average Recorded Investment	2,576	1,573	2,549	1,424
Interest Recognized	3	0	3	0
Commercial
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	1,123		1,123		856
Recorded Investment With No Allowance	357		357		363
Recorded Investment With Allowance	645		645		386
Total Recorded Investment	1,002		1,002		749
Related Allowance	334		334		262
Average Recorded Investment	1,517	771	1,517	707
Interest Recognized	1	0	1	0
Commercial | Real estate
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	1,548		1,548		1,551
Recorded Investment With No Allowance	1,465		1,465		1,486
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	1,465		1,465		1,486
Related Allowance	0		0		0
Average Recorded Investment	1,573	1,062	1,573	1,354
Interest Recognized	0	0	0	0
Construction | Real estate
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	2,175		2,175		32
Recorded Investment With No Allowance	2,100		2,100		0
Recorded Investment With Allowance	43		43		0
Total Recorded Investment	2,143		2,143		0
Related Allowance	43		43		$ 0
Average Recorded Investment	2,175	0	2,175	0
Interest Recognized	$ 1	$ 0	$ 1	$ 0

Loans Receivable - Credit Quali

Loans Receivable - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment [Line Items]
Classified loans	$ 1,059,595	$ 1,002,260
Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	1,044,700	987,967
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	7,923	7,763
Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	6,972	6,530
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Residential | Real estate
Financing Receivable, Recorded Investment [Line Items]
Classified loans	426,887	407,844
Residential | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	424,626	405,532
Residential | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	118
Residential | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	2,261	2,194
Residential | Real estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Commercial
Financing Receivable, Recorded Investment [Line Items]
Classified loans	124,436	122,264
Commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	119,494	117,670
Commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	3,839	3,844
Commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	1,103	750
Commercial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Commercial | Real estate
Financing Receivable, Recorded Investment [Line Items]
Classified loans	297,891	278,691
Commercial | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	292,342	274,247
Commercial | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	4,084	2,958
Commercial | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	1,465	1,486
Commercial | Real estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Construction | Real estate
Financing Receivable, Recorded Investment [Line Items]
Classified loans	169,225	157,586
Construction | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	167,082	154,643
Construction | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	843
Construction | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	2,143	2,100
Construction | Real estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Credit card
Financing Receivable, Recorded Investment [Line Items]
Classified loans	40,141	34,673
Consumer | Credit card | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	40,141	34,673
Consumer | Credit card | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Credit card | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Credit card | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Other consumer
Financing Receivable, Recorded Investment [Line Items]
Classified loans	1,015	1,202
Consumer | Other consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Classified loans	1,015	1,202
Consumer | Other consumer | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Other consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Classified loans	0	0
Consumer | Other consumer | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Classified loans	$ 0	$ 0

Loans Receivable - Trouble Debt

Loans Receivable - Trouble Debt Restructuring (Details) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2019USD ($)contract	Jun. 30, 2018USD ($)contract	Dec. 31, 2018USD ($)contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	5		4
Recorded Investment	$ 473		$ 284
Number of loans charged off | contract		1
Charged off loan amount		$ 15
Acquired loans
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	3		3
Recorded Investment	$ 145		$ 145
Residential | Real estate
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	3		3
Recorded Investment	$ 145		$ 145
Commercial
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	2		1
Recorded Investment	$ 328		$ 139
Performing
Financing Receivable, Modifications [Line Items]
Recorded Investment	0		0
Performing | Acquired loans
Financing Receivable, Modifications [Line Items]
Recorded Investment	0		0
Performing | Residential | Real estate
Financing Receivable, Modifications [Line Items]
Recorded Investment	0		0
Performing | Commercial
Financing Receivable, Modifications [Line Items]
Recorded Investment	0		0
Nonperforming
Financing Receivable, Modifications [Line Items]
Recorded Investment	473		284
Nonperforming | Acquired loans
Financing Receivable, Modifications [Line Items]
Recorded Investment	145		145
Nonperforming | Residential | Real estate
Financing Receivable, Modifications [Line Items]
Recorded Investment	145		145
Nonperforming | Commercial
Financing Receivable, Modifications [Line Items]
Recorded Investment	$ 328		$ 139
Extended Maturity
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	1
Recorded Investment	$ 198

Loans Receivable - Outstanding

Loans Receivable - Outstanding Loan Commitments (Details) - Commitments to Extend Credit - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	$ 250,567	$ 209,209
Letters of credit	5,502	6,216
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	46,810	52,083
Commercial real estate | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	11,324	8,980
Commercial real estate | Construction commitments
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	14,760	6,358
Residential real estate | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	22,379	12,853
Residential real estate | Construction commitments
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	89,902	72,424
Residential real estate | Loans Held For Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	288	647
Consumer | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	27,436	27,243
Consumer | Secured credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	37,822	29,142
Consumer | Personal
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused lines of credit	$ 134	$ 126

Loans Receivable - Activity in

Loans Receivable - Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of year	$ 11,347	$ 10,157	$ 11,308	$ 10,033
Provision charged to operating expense	677	630	798	1,145
Recoveries	7	65	18	96
Balance at end of year	11,913	10,447	11,913	10,447
Unfunded Loan Commitment
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of year	1,043	950	1,053	901
Provision charged to operating expense	103	40	93	89
Balance at end of year	1,146	990	1,146	990
Mortgage Loans Sold
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of year	515	471	501	457
Provision charged to operating expense	43	31	67	58
Charge-offs	(31)	(15)	(41)	(28)
Balance at end of year	$ 527	$ 487	$ 527	$ 487

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jan. 07, 2015
Interest Rate Swap
Derivatives, Fair Value [Line Items]
Notional amount			$ 2,000
Fair value of derivative	$ 0	$ 5
Interest Rate Swap | London Interbank Offered Rate (LIBOR)
Derivatives, Fair Value [Line Items]
Derivative, basis spread on variable rate			1.87%
Forward Contracts | Forward Sales Agreement
Derivatives, Fair Value [Line Items]
Notional amount	80,500	25,000
Liability, notional amount	19,074	4,256
Fair value of derivative	(446)	(253)
Liability, fair value of derivative	236	59
Interest Rate Lock Commitments | Interest Rate Contract
Derivatives, Fair Value [Line Items]
Notional amount	79,017	18,776
Designated as Hedging Instrument | Excluding Best Efforts Basis Commitments | Interest Rate Lock Commitments | Interest Rate Contract
Derivatives, Fair Value [Line Items]
Fair value of derivative	$ 229	$ 108

Leases - Additional Information

Leases - Additional Information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)	Jan. 01, 2019locationbranch
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of full service branches | branch		5
Number of locations | location		4
Weighted average discount rate	2.24%
Right-of-use asset	$ 4,541
Operating lease, liability	$ 4,865
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Remaining term of contract	1 year
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Remaining term of contract	6 years

Leases - Assets and Liabilities

Leases - Assets and Liabilities and Lease Payment Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Lease asset	$ 5,158
Less: Accumulated amortization	(617)
Net lease asset	4,541
Other premises and equipment, net	2,661
Premises and equipment, net	7,202	$ 2,975
Lease liability	5,358
Less: Accumulated amortization	(493)
Net lease liability	4,865
Other miscellaneous liabilities	12,833
Other liabilities, net	17,698	$ 10,964
Amounts due in:
2019	580
2020	1,203
2021	1,187
2022	824
2023	712
After 2023	420
Total lease payments	$ 4,926

Fair Value - Financial Instrume

Fair Value - Financial Instruments Measured at FV on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 39,157	$ 46,932
Loans held for sale	47,744	18,526
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	39,157	46,932
Loans held for sale	47,744	18,526
Derivative assets	465	172
Derivative liabilities	446	253
Fair Value, Measurements, Recurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Loans held for sale	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	39,157	46,932
Loans held for sale	47,744	18,526
Derivative assets	465	172
Derivative liabilities	446	253
Fair Value, Measurements, Recurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Loans held for sale	0	0
Derivative assets	0	0
Derivative liabilities	0	0
U.S. government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	6,477	17,360
U.S. government-sponsored enterprises | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	6,477	17,360
U.S. government-sponsored enterprises | Fair Value, Measurements, Recurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
U.S. government-sponsored enterprises | Fair Value, Measurements, Recurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	6,477	17,360
U.S. government-sponsored enterprises | Fair Value, Measurements, Recurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Municipal
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	521	501
Municipal | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	521	501
Municipal | Fair Value, Measurements, Recurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Municipal | Fair Value, Measurements, Recurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	521	501
Municipal | Fair Value, Measurements, Recurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	2,890	2,885
Corporate | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	2,890	2,885
Corporate | Fair Value, Measurements, Recurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Corporate | Fair Value, Measurements, Recurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	2,890	2,885
Corporate | Fair Value, Measurements, Recurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,269	26,186
Mortgage-backed securities | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,269	26,186
Mortgage-backed securities | Fair Value, Measurements, Recurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Mortgage-backed securities | Fair Value, Measurements, Recurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,269	26,186
Mortgage-backed securities | Fair Value, Measurements, Recurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 0	$ 0

Fair Value - Loans Held For Sal

Fair Value - Loans Held For Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for sale	$ 47,744	$ 18,526
Aggregate fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for sale	47,744	18,526
Contractual principal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for sale	46,145	17,822
Difference
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for sale	$ 1,599	$ 704

Fair Value - Impaired Loans and

Fair Value - Impaired Loans and Foreclosed Real Estate (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	$ 688	$ 386
Impaired loans, valuation allowance	377	262
Impaired loans	6,797	4,355
Foreclosed real estate	149	142
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	6,420	4,093
Foreclosed real estate	149	142
Fair Value, Measurements, Nonrecurring | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate	0	0
Fair Value, Measurements, Nonrecurring | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate	0	0
Fair Value, Measurements, Nonrecurring | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	6,800	4,400
Impaired loans, valuation allowance	377	262
Impaired loans	6,420	4,093
Foreclosed real estate	$ 149	$ 142
Minimum | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, discounts to appraisals or cash flows for estimated holding and/or selling costs	11.00%
Foreclosed real estate, discounts to appraisals for estimated holding and/or selling costs	11.00%
Maximum | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, discounts to appraisals or cash flows for estimated holding and/or selling costs	25.00%
Foreclosed real estate, discounts to appraisals for estimated holding and/or selling costs	25.00%

Fair Value - Financial Instru_2

Fair Value - Financial Instruments Carrying Amount, FV and Placement (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial assets
Cash and due from banks	$ 12,253	$ 10,431
Interest bearing deposits at other financial institutions	65,284	22,007
Federal funds sold	1,991	2,285
Carrying Amount | Level 1 Inputs
Financial assets
Cash and due from banks	12,253	10,431
Interest bearing deposits at other financial institutions	65,284	22,007
Federal funds sold	1,991	2,285
Restricted investments	4,137	2,503
Financial liabilities
Noninterest bearing deposits	279,484	242,259
Securities sold under agreements to repurchase	0	3,332
Carrying Amount | Level 3 Inputs
Financial assets
Loans receivable, net	1,044,377	988,960
Financial liabilities
Interest bearing deposits	757,520	712,981
FHLB advances and other borrowed funds	54,298	19,393
Fair Value | Level 1 Inputs
Financial assets
Cash and due from banks	12,253	10,431
Interest bearing deposits at other financial institutions	65,284	22,007
Federal funds sold	1,991	2,285
Restricted investments	4,137	2,503
Financial liabilities
Noninterest bearing deposits	279,484	242,259
Securities sold under agreements to repurchase	0	3,332
Fair Value | Level 3 Inputs
Financial assets
Loans receivable, net	1,039,071	979,058
Financial liabilities
Interest bearing deposits	757,497	711,876
FHLB advances and other borrowed funds	$ 54,132	$ 19,447

Litigation (Details)

Litigation (Details) - Lawsuit In Circuit Court For Montgomery County, Maryland - Settled Litigation $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)defendant
Loss Contingencies [Line Items]
Number of other banking institutions, defendants | defendant	2
Litigation settlement, amount not covered by insurance carrier | $	$ 200