Veritex (VBTX) 10-Q 27 Oct 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 27, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Veritex Holdings, Inc.
Entity Central Index Key	1,501,570
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		10,747,938
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 15,837	$ 10,989
Interest bearing deposits in other banks	162,750	60,562
Total cash and cash equivalents	178,587	71,551
Investment securities	86,772	75,813
Loans held for sale	4,856	2,831
Loans, net of allowance for loan losses of $8,102 and $6,772, respectively	918,559	813,733
Accrued interest receivable	2,414	2,216
Bank-owned life insurance	19,922	19,459
Bank premises, furniture and equipment, net	17,501	17,449
Non-marketable equity securities	7,358	4,167
Investment in unconsolidated subsidiary	93	93
Other real estate owned	662	493
Intangible assets, net of accumulated amortization of $1,989 and $1,605, respectively	2,257	2,410
Goodwill	26,865	26,865
Other assets	3,392	2,520
Total assets	1,269,238	1,039,600
Deposits:
Noninterest-bearing	304,972	301,367
Interest-bearing	772,245	567,043
Total deposits	1,077,217	868,410
Accounts payable and accrued expenses	2,082	1,776
Accrued interest payable and other liabilities	1,098	848
Advances from Federal Home Loan Bank	38,341	28,444
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,984	4,983
Total liabilities	1,126,815	907,554
Commitments and contingencies (Note 6)
Stockholders’ equity:
Preferred stock, $0.01 par value; 10,000,000 shares authorized at September 30, 2016 and December 31, 2015	0	0
Common stock, $0.01 par value; 75,000,000 shares authorized at September 30, 2016 and December 31, 2015; 10,736,037 and 10,712,472 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively (excluding 10,000 shares held in treasury)	107	107
Additional paid-in capital	116,315	115,721
Retained earnings	26,101	16,739
Unallocated Employee Stock Ownership Plan shares; 27,993 and 27,993 shares at September 30, 2016 and December 31, 2015, respectively	(309)	(309)
Accumulated other comprehensive income (loss)	279	(142)
Treasury stock, 10,000 shares at cost	(70)	(70)
Total stockholders’ equity	142,423	132,046
Total liabilities and stockholders’ equity	$ 1,269,238	$ 1,039,600

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 8,102	$ 6,772
Accumulated amortization	$ 1,989	$ 1,605
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	10,736,037	10,712,472
Common stock, shares outstanding	10,736,037	10,712,472
Unallocated Employee Stock Ownership Plan shares, shares	27,993	27,993
Treasury stock, shares	10,000	10,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income:
Interest and fees on loans	$ 11,589	$ 9,230	$ 32,996	$ 24,032
Interest on investment securities	335	247	1,014	712
Interest on deposits in other banks	129	60	302	169
Interest on other	1	1	2	1
Total interest income	12,054	9,538	34,314	24,914
Interest expense:
Interest on deposit accounts	1,381	778	3,388	2,075
Interest on borrowings	156	143	491	392
Total interest expense	1,537	921	3,879	2,467
Net interest income	10,517	8,617	30,435	22,447
Provision for loan losses	238	0	1,610	258
Net interest income after provision for loan losses	10,279	8,617	28,825	22,189
Noninterest income:
Service charges and fees on deposit accounts	433	380	1,309	907
Gain on sales of investment securities	0	0	15	7
Gain on sales of loans	1,036	392	2,318	824
Loss on sales of other assets owned	0	21	0	19
Bank-owned life insurance	193	194	577	552
Other	231	56	460	188
Total noninterest income	1,893	1,043	4,679	2,497
Noninterest expense:
Salaries and employee benefits	3,920	3,001	10,683	8,247
Occupancy and equipment	923	894	2,718	2,560
Professional fees	785	632	1,861	1,536
Data processing and software expense	296	368	850	903
FDIC assessment fees	179	121	447	317
Marketing	293	227	704	595
Other assets owned expenses and write-downs	9	(5)	139	29
Amortization of intangibles	95	96	285	243
Telephone and communications	98	68	295	182
Other	431	440	1,323	1,043
Total noninterest expense	7,029	5,842	19,305	15,655
Net income from operations	5,143	3,818	14,199	9,031
Income tax expense	1,768	1,281	4,837	2,814
Net income	3,375	2,537	9,362	6,217
Preferred stock dividends	0	20	0	60
Net income available to common stockholders	$ 3,375	$ 2,517	$ 9,362	$ 6,157
Basic earnings per share (in dollars per share)	$ 0.32	$ 0.24	$ 0.88	$ 0.62
Diluted earnings per share (in dollars per share)	$ 0.31	$ 0.23	$ 0.85	$ 0.61

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 3,375	$ 2,537	$ 9,362	$ 6,217
Other comprehensive income:
Unrealized (losses) gains on securities available for sale arising during the period, net	(9)	115	653	(111)
Reclassification adjustment for net gains included in net income	0	0	15	7
Other comprehensive (loss) income before tax	(9)	115	638	(118)
Income tax expense (benefit)	(3)	39	217	(40)
Other comprehensive income (loss), net of tax	(6)	76	421	(78)
Comprehensive income	$ 3,369	$ 2,613	$ 9,783	$ 6,139

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unallocated Employee Stock Ownership Plan Shares	Treasury Stock
Beginning balance at Dec. 31, 2014	$ 113,312	$ 8,000	$ 95	$ 97,469	$ 8,047	$ 172	$ (401)	$ (70)
Beginning balance (in shares) at Dec. 31, 2014			9,470,832
Increase (Decrease) in Stockholders' Equity
Restricted stock units vested, net of 6,618 and 6,398 shares withheld to cover tax withholdings for September 30, 2016 and 2015, respectively	(100)			(100)
Restricted stock units vested, net of 6,618 and 6,398 shares withheld to cover tax withholdings for September 30, 2016 and 2015, respectively (in shares)			14,386
Exercise of employee stock options	210			210
Exercise of employee stock options (in shares)			21,000
Preferred stock dividend Series C	(60)				(60)
Issuance of stock to ESOP	110			115			(5)
Issuance of stock to ESOP (in shares)			9,147
Stock based compensation	444			444
Common stock issued for acquisition of IBT Bancorp, Inc., net offering costs of $252	$ 17,453		$ 12	17,441
Common stock issued for acquisition of IBT Bancorp, Inc., net offering costs of $252 (in shares)	1,185,067,000		1,185,067
Net income	$ 6,217				6,217
Other comprehensive income	(78)					(78)
Ending balance at Sep. 30, 2015	137,508	8,000	$ 107	115,579	14,204	94	(406)	(70)
Ending balance (in shares) at Sep. 30, 2015			10,700,432
Beginning balance at Dec. 31, 2015	$ 132,046	0	$ 107	115,721	16,739	(142)	(309)	(70)
Beginning balance (in shares) at Dec. 31, 2015	10,712,472		10,712,472
Increase (Decrease) in Stockholders' Equity
Restricted stock units vested, net of 6,618 and 6,398 shares withheld to cover tax withholdings for September 30, 2016 and 2015, respectively	$ (108)			(108)
Restricted stock units vested, net of 6,618 and 6,398 shares withheld to cover tax withholdings for September 30, 2016 and 2015, respectively (in shares)			23,565
Stock based compensation	$ 702			702
Common stock issued for acquisition of IBT Bancorp, Inc., net offering costs of $252 (in shares)	1,185,067,000
Net income	$ 9,362				9,362
Other comprehensive income	421					421
Ending balance at Sep. 30, 2016	$ 142,423	$ 0	$ 107	$ 116,315	$ 26,101	$ 279	$ (309)	$ (70)
Ending balance (in shares) at Sep. 30, 2016	10,736,037		10,736,037

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Restricted stock units
Shares withheld to cover tax withholdings	6,618	6,398
IBT
Payments of Stock Issuance Costs		$ 252

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 9,362	$ 6,217
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets	1,212	1,033
Provision for loan losses	1,610	258
Accretion of loan purchase discount	(363)	(119)
Stock-based compensation expense	702	444
Net amortization of premiums on investment securities	710	358
Change in cash surrender value of bank-owned life insurance	(463)	(453)
Net gain on sales of investment securities	(15)	(7)
Gain on sales of loans held for sale	(2,318)	(824)
Net gain on sales of other real estate owned	0	(19)
Amortization of subordinated note discount	1	1
Originations of loans held for sale	(50,673)	(33,153)
Write down on foreclosed assets	114	0
Proceeds from sales of loans held for sale	49,708	41,069
Increase in accrued interest receivable and other assets	(1,410)	(665)
Increase (Decrease) in accounts payable, accrued expenses, accrued interest payable and other liabilities	339	338
Net cash provided by operating activities	8,516	14,478
Cash flows from investing activities:
Purchases of securities available for sale	(34,420)	(26,725)
Sales of securities available for sale	8,378	6,278
Proceeds from maturities, calls and pay downs of investment securities	15,026	8,728
Net cash received in acquisition	0	11,150
(Purchases) sales of non-marketable equity securities, net	(3,191)	884
Net loans originated	(105,098)	(62,787)
Net additions to bank premises and equipment	(879)	(2,257)
Proceeds from sales of other real estate owned	0	124
Net cash used in investing activities	(120,184)	(64,605)
Cash flows from financing activities:
Net change in deposits	208,807	106,438
Net increase (decrease) in advances from Federal Home Loan Bank	9,897	(25,025)
Change in other borrowings	0	(926)
Proceeds from exercise of employee stock options	0	210
Dividends paid on preferred stock	0	(60)
Offering costs paid in connection with acquisition	0	(252)
Net cash provided by financing activities	218,704	80,385
Net increase in cash and cash equivalents	107,036	30,258
Cash and cash equivalents at beginning of year	71,551	93,251
Cash and cash equivalents at end of year	$ 178,587	$ 123,509

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Organization Veritex Holdings, Inc. (“Veritex” or the “Company”), a Texas corporation and bank holding company, was incorporated in July 2009 and was formed for the purpose of acquiring one or more financial institutions located in Dallas, Texas and surrounding areas. Veritex through its wholly-owned subsidiary, Veritex Community Bank, formerly known as Veritex Community Bank, National Association (the “Bank”), is a Texas state banking organization, with corporate offices in Dallas, Texas, and currently operates ten branches and one mortgage office located throughout the greater Dallas, Texas metropolitan area. The Bank provides a full range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. The Texas Department of Banking and the Board of Governors of the Federal Reserve System are the primary regulators of the Company and the Bank, which perform periodic examinations to ensure regulatory compliance. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Veritex and the Bank as its wholly-owned subsidiary. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), but do not include all of the information and footnotes required for complete financial statements. In management’s opinion, these interim unaudited condensed consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair statement of the Company’s condensed consolidated financial position at September 30, 2016 and December 31, 2015 , condensed consolidated results of operations for the three months and nine months ended September 30, 2016 and 2015 , condensed consolidated stockholders’ equity for the nine months ended September 30, 2016 and 2015 and condensed consolidated cash flows for the nine months ended September 30, 2016 and 2015 . Accounting measurements at interim dates inherently involve greater reliance on estimates than at year end and the results for the interim periods shown in this report are not necessarily indicative of results to be expected for the full year due in part to global economic and financial market conditions, interest rates, access to sources of liquidity, market competition and interruptions of business processes. These interim unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2015 included within the Company’s Form 10-K as filed with the Securities and Exchange Commission on March 15, 2016. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Segment Reporting The Company has one reportable segment. All of the Company’s activities are interrelated, and each activity is dependent on the other and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and borrowings while managing interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit. The Company’s chief operating decision-maker, the CEO, uses the consolidated results to make operating and strategic decisions. Earnings Per Share Earnings per share (“EPS”) are based upon the weighted‑average shares outstanding. The table below sets forth the reconciliation between weighted average shares used for calculating basic and diluted EPS for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Earnings (numerator) Net income $ 3,375 $ 2,537 $ 9,362 $ 6,217 Less: preferred stock dividends — 20 — 60 Net income allocated to common stockholders $ 3,375 $ 2,517 $ 9,362 $ 6,157 Shares (denominator) Weighted average shares outstanding for basic EPS (thousands) 10,705 10,653 10,698 9,854 Dilutive effect of employee stock-based awards 320 288 294 267 Adjusted weighted average shares outstanding 11,025 10,941 10,992 10,121 Earnings per share: Basic $ 0.32 $ 0.24 $ 0.88 $ 0.62 Diluted $ 0.31 $ 0.23 $ 0.85 $ 0.61 For the three and nine months ended September 30, 2016 and 2015 , there were no exclusions from the diluted EPS weighted average shares. Recent Accounting Pronouncements ASU 2016-09 " Compensation —Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting " (“ASU 2016-09”) simplifies several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods therein. The Company is in process of evaluating the impact of this pronouncement. ASU 2016-13 " Financial Instruments —Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " (“ASU 2016-13”) amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. This Accounting Standards Update affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. The Company is in process of evaluating the impact of this pronouncement.

Statement of Cash Flows

Statement of Cash Flows	9 Months Ended
	Sep. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Statement of Cash Flows	Statement of Cash Flows Other supplemental cash flow information is presented below: Nine Months Ended September 30, 2016 2015 Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 3,858 $ 2,497 Cash paid for income taxes $ 6,100 $ 2,900 Supplemental Disclosures of Non-Cash Flow Information: Issuance of stock to ESOP $ — $ 110 Net issuance of common stock for vesting of restricted stock units to cover withholding $ 108 $ 100 Net foreclosure of other real estate owned and repossessed assets $ 283 $ 493 The supplemental schedule of noncash investing activities from Company acquisition activity includes the following measurement-period adjustments made during the period: Nine Months Ended September 30, 2016 2015 Noncash assets acquired Securities available for sale $ — $ 4,646 Loans — 88,497 Bank premises, furniture and equipment — 4,947 Securities available for sale — 790 Bank-owned life insurance — 1,024 Accrued interest receivable — 250 Servicing assets — 323 Goodwill — 6,877 Core deposit intangibles — 1,078 Other assets — 504 Total assets $ — $ 108,936 Noncash liabilities assumed: Deposits $ — $ 97,426 FHLB advances — 3,503 Other borrowings — 926 Other liabilities — 526 Total liabilities $ — $ 102,381 1,185,067 shares of common stock exchanged in connection with acquisition $ — $ 17,705

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Debt and equity securities have been classified in the condensed consolidated balance sheets according to management’s intent. The carrying amount of securities and their approximate fair values are as follows: September 30, 2016 Amortized Gross Gross Fair Value Available for Sale U.S. government agencies $ 732 $ — $ 15 $ 717 Municipal securities 11,763 66 63 11,766 Mortgage-backed securities 44,289 256 61 44,484 Collateralized mortgage obligations 28,767 261 25 29,003 Asset-backed securities 797 5 — 802 $ 86,348 $ 588 $ 164 $ 86,772 December 31, 2015 Amortized Gross Gross Fair Value Available for Sale U.S. government agencies $ 3,823 $ — $ 36 $ 3,787 Municipal securities 6,738 9 52 6,695 Mortgage-backed securities 46,180 169 292 46,057 Collateralized mortgage obligations 18,379 64 59 18,384 Asset-backed securities 907 — 17 890 $ 76,027 $ 242 $ 456 $ 75,813 The following tables disclose the Company’s investment securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months: September 30, 2016 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale U.S. government agencies $ — $ — $ 717 $ 15 $ 717 $ 15 Municipal securities 5,316 53 534 10 5,850 63 Mortgage-backed securities 5,366 28 4,852 33 10,218 61 Collateralized mortgage obligations 4,675 14 1,022 11 5,697 25 $ 15,357 $ 95 $ 7,125 $ 69 $ 22,482 $ 164 December 31, 2015 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss Available for Sale U.S. government agencies $ 2,978 $ 7 $ 809 $ 29 $ 3,787 $ 36 Municipal securities 4,216 52 — — 4,216 52 Mortgage-backed securities 32,255 253 2,792 39 35,047 292 Collateralized mortgage obligations 8,672 76 — — 8,672 76 $ 48,121 $ 388 $ 3,601 $ 68 $ 51,722 $ 456 The number of investment positions in an unrealized loss position totaled 23 and 52 at September 30, 2016 and December 31, 2015 , respectively. The Company does not believe these unrealized losses are “other than temporary” as (i) the Company does not have the intent to sell investment securities prior to recovery and (ii) it is more likely than not that the Company will not have to sell these securities prior to recovery. The unrealized losses noted are interest rate related due to the level of interest rates at September 30, 2016 . The Company has reviewed the ratings of the issuers and has not identified any issues related to the ultimate repayment of principal as a result of credit concerns on these securities. The amortized costs and estimated fair values of securities available for sale, by contractual maturity, as of the dates indicated, are shown in the table below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayments penalties. Mortgage-backed securities, collateralized mortgage obligations, and asset‑backed securities typically are issued with stated principal amounts, and the securities are backed by pools of mortgage loans and other loans that have varying maturities. The term of mortgage‑backed, collateralized mortgage obligations and asset‑backed securities thus approximates the term of the underlying mortgages and loans and can vary significantly due to prepayments. Therefore, these securities are not included in the maturity categories below. September 30, 2016 Available For Sale Amortized Fair Due in one year or less $ — $ — Due from one year to five years 4,038 4,076 Due from five years to ten years 3,539 3,521 Due after ten years 4,918 4,886 12,495 12,483 Mortgage-backed securities 44,289 44,484 Collateralized mortgage obligations 28,767 29,003 Asset-backed securities 797 802 $ 86,348 $ 86,772 December 31, 2015 Available For Sale Amortized Fair Due in one year or less $ 996 $ 999 Due from one year to five years 4,869 4,851 Due from five years to ten years 428 417 Due after ten years 4,268 4,215 10,561 10,482 Mortgage-backed securities 46,180 46,057 Collateralized mortgage obligations 18,379 18,384 Asset-backed securities 907 890 $ 76,027 $ 75,813 Proceeds from sales of investment securities available for sale and gross gains and losses for the nine months ended September 30, 2016 and 2015 were as follows: Nine Months Ended September 30, Nine Months Ended September 30, 2016 2015 Proceeds from sales $ 8,378 $ 6,278 Gross realized gains 43 42 Gross realized losses 40 35 Also included in gain on sale of investment securities in the accompanying condensed consolidated statements of income are gross gains of $12 from calls of investment securities for the nine months ended September 30, 2016 . There were no gross gains or losses from calls of investment securities for the nine months ended September 30, 2015 . There was a blanket floating lien on all securities held by the Company to secure Federal Home Loan Bank advances as of September 30, 2016 and December 31, 2015 .

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loans in the accompanying condensed consolidated balance sheets are summarized as follows: September 30, December 31, Real estate: Construction and land $ 163,047 $ 126,422 Farmland 9,421 11,696 1 - 4 family residential 134,926 137,704 Multi-family residential 13,281 8,695 Nonfarm nonresidential 328,335 284,622 Commercial 273,409 246,124 Consumer 4,293 5,304 926,712 820,567 Deferred loan fees (51 ) (62 ) Allowance for loan losses (8,102 ) (6,772 ) $ 918,559 $ 813,733 Included in the net loan portfolio as of September 30, 2016 and December 31, 2015 is an accretable discount related to loans acquired within a business combination in the approximate amounts of $627 and $1,029 , respectively. The discount is being accreted into income using the interest method over the life of the loans. The majority of the loan portfolio is comprised of loans to businesses and individuals in the Dallas metropolitan area. This geographic concentration subjects the loan portfolio to the general economic conditions within this area. The risks created by this concentration have been considered by management in the determination of the adequacy of the allowance for loan losses. Management believes the allowance for loan losses was adequate to cover estimated losses on loans as of September 30, 2016 and December 31, 2015 . Non-Accrual and Past Due Loans Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non‑accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non‑accrual status regardless of whether or not such loans are considered past due. When the accrual of interest is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Non‑accrual loans aggregated by class of loans, as of September 30, 2016 and December 31, 2015 , are as follows: September 30, December 31, Real estate: Construction and land $ — $ — Farmland — — 1 - 4 family residential — 187 Multi-family residential — — Nonfarm nonresidential — — Commercial 1,073 383 Consumer 14 21 $ 1,087 $ 591 During the nine months ended September 30, 2016 and 2015 , interest income not recognized on non‑accrual loans was minimal. An aging analysis of past due loans, aggregated by class of loans, as of September 30, 2016 and December 31, 2015 is as follows: September 30, 2016 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current Total Total 90 Days Past Due and Still Accruing Real estate: Construction and land $ — $ — $ — $ — $ 163,047 $ 163,047 $ — Farmland — — — — 9,421 9,421 — 1 - 4 family residential 563 137 218 918 134,008 134,926 218 Multi-family residential — — — — 13,281 13,281 — Nonfarm nonresidential — 387 — 387 327,948 328,335 — Commercial 704 14 671 1,389 272,020 273,409 139 Consumer — — — — 4,293 4,293 — $ 1,267 $ 538 $ 889 $ 2,694 $ 924,018 $ 926,712 $ 357 December 31, 2015 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current Total Total 90 Days Past Due and Still Accruing Real estate: Construction and land $ 3 $ — $ — $ 3 $ 126,419 $ 126,422 $ — Farmland — — — — 11,696 11,696 — 1 - 4 family residential 215 438 187 840 136,864 137,704 — Multi-family residential — — — — 8,695 8,695 — Nonfarm nonresidential — 175 — 175 284,447 284,622 — Commercial 883 81 159 1,123 245,001 246,124 83 Consumer 8 2 1 11 5,293 5,304 1 $ 1,109 $ 696 $ 347 $ 2,152 $ 818,415 $ 820,567 $ 84 Loans past due 90 days and still accruing, increased from $84 as of December 31, 2015 to $357 as of September 30, 2016 . These loans are also considered well-secured and in the process of collection with plans in place for the borrowers to bring the notes fully current. The Company believes that it will collect all principal and interest due on each of the loans past due 90 days and still accruing. Impaired Loans Impaired loans are those loans where it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. All troubled debt restructurings (“TDRs”) are considered impaired loans. Impaired loans are measured based on either the present value of expected future cash flows discounted at the loan’s effective interest rate; the loan’s observable market price; or the fair value of the collateral if the loan is collateral dependent. Substantially all of the Company’s impaired loans are measured at the fair value of the collateral. Impaired loans, or portions thereof, are charged off when deemed uncollectible. Impaired loans, including purchased credit impaired loans and TDRs, at September 30, 2016 and December 31, 2015 are summarized in the following tables. September 30, 2016 Unpaid Recorded Recorded Total Related Average Real estate: Construction and land $ — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential 164 164 — 164 — 298 Multi-family residential — — — — — — Nonfarm nonresidential 384 384 — 384 — 459 Commercial 1,020 400 620 1,020 221 428 Consumer 15 — 15 15 4 13 Total $ 1,583 $ 948 $ 635 $ 1,583 $ 225 $ 1,198 December 31, 2015 Unpaid Recorded Recorded Total Related Average Real estate: Construction and land $ — $ — $ — $ — $ — $ 10 Farmland — — — — — — 1 - 4 family residential 353 353 — 353 — 191 Multi-family residential — — — — — — Nonfarm nonresidential 1,265 1,265 — 1,265 — 1,146 Commercial 740 390 350 740 186 533 Consumer 21 3 18 21 7 27 Total $ 2,379 $ 2,011 $ 368 $ 2,379 $ 193 $ 1,907 Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. During the nine months ended September 30, 2016 and 2015 , total interest income and cash‑based interest income recognized on impaired loans was minimal. Troubled Debt Restructuring Modifications of terms for the Company’s loans and their inclusion as TDRs are based on individual facts and circumstances. Loan modifications that are included as TDRs may involve a reduction of the stated interest rate of the loan, an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk, or deferral of principal payments, regardless of the period of the modification. The recorded investment in TDRs was $751 and $1,727 as of September 30, 2016 and December 31, 2015 , respectively. During the nine months ended September 30, 2016 and 2015, the terms of certain loans modified as TDRs are summarized in the following tables: During the nine months ended September 30, 2016 Post-Modification Outstanding Recorded Investment Number Pre- Adjusted Extended Extended Extended Real estate loans: Construction and land — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential — — — — — — Multi-family residential — — — — — — Nonfarm nonresidential — — — — — — Commercial 2 175 — — 169 — Consumer — — — — — — Total 2 $ 175 $ — $ — $ 169 $ — During the nine months ended September 30, 2015 Post-Modification Outstanding Recorded Investment Number Pre- Adjusted Extended Extended Extended Real estate loans: Construction and land — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential — — — — — — Multi-family residential — — — — — — Nonfarm nonresidential 1 399 — — — 393 Commercial 1 268 — — 251 — Consumer — — — — — — Total 2 $ 667 $ — $ — $ 251 $ 393 The two loans restructured during the nine months ended September 30, 2016 were performing as agreed to the modified terms. A specific allowance of $38 for loan losses was recorded for one of the loans that were modified during the nine months ended September 30, 2016 . The two loans restructured during the nine months ended September 30, 2015 were performing as agreed to the modified terms. A specific allowance of $100 for allowance for loan losses was recorded for one of the loans that were modified during the nine months ended September 30, 2015. There were no loans modified as a troubled debt restructured loan within the previous 12 months and for which there was a payment default during the nine months ended September 30, 2016 and 2015 . A default for purposes of this disclosure is a TDR loan in which the borrower is 90days past due or results in the foreclosure and repossession of the applicable collateral. Interest income recorded during the nine months ended September 30, 2016 and 2015 on the restructured loans and interest income that would have been recorded had the terms of the loan not been modified was minimal. The Company has not committed to lend additional amounts to customers with outstanding loans classified as TDRs as of September 30, 2016 or 2015 . Credit Quality Indicators From a credit risk standpoint, the Company classifies its loans in the following categories: (i) pass, (ii) special mention, (iii) substandard or (iv) doubtful. Loans classified as loss are charged‑off. The classifications of loans reflect a judgment by management about the risks of default and loss associated with the loan. The Company reviews the ratings on criticized credits monthly. Ratings are adjusted to reflect the degree of risk and loss that is believed to be inherent in each credit as of each monthly reporting period. All classified credits are evaluated for impairments. If impairment is determined to exist, a specific reserve is established. The Company’s methodology is structured so that specific reserves are increased in accordance with deterioration in credit quality (and a corresponding increase in risk and loss) or decreased in accordance with improvement in credit quality (and a corresponding decrease in risk and loss). Credits rated “special mention” show clear signs of financial weaknesses or deterioration in credit worthiness; however, such concerns are not so pronounced that the Company generally expects to experience significant loss within the short‑term. Such credits typically maintain the ability to perform within standard credit terms, and credit exposure is not as prominent as credits rated more harshly. Credits rated substandard are those in which the normal repayment of principal and interest may be, or has been, jeopardized by reason of adverse trends or developments of a financial, managerial, economic or political nature, or important weaknesses which exist in the collateral. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Credits rated doubtful are those in which full collection of principal appears highly questionable, and in which some degree of loss is anticipated, even though the ultimate amount of loss may not yet be certain and/or other factors exist which could affect collection of debt. Based upon available information, positive action by the Company is required to avert or minimize loss. Credits rated doubtful are generally also placed on non‑accrual. The following tables summarize the Company’s internal ratings of its loans, including purchased credit impaired loans, as of September 30, 2016 and December 31, 2015 : September 30, 2016 Pass Special Substandard Doubtful Total Real estate: Construction and land $ 162,391 $ 656 $ — $ — $ 163,047 Farmland 9,421 — — — 9,421 1 - 4 family residential 134,708 — 218 — 134,926 Multi-family residential 13,281 — — — 13,281 Nonfarm nonresidential 327,056 1,279 — — 328,335 Commercial 268,761 3,420 1,228 — 273,409 Consumer 4,278 — 15 — 4,293 Total $ 919,896 $ 5,355 $ 1,461 $ — $ 926,712 In the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , the Company disclosed a borrowing relationship comprised of loans to multiple affiliated funds in which one of the funds had publicly disclosed that it was subject to ongoing SEC investigations and that the Federal Bureau of Investigation served a search warrant in February 2016 at the fund’s corporate offices in connection with a law enforcement investigation. At that time, the borrowing relationship consisted of four loans to five affiliated funds secured by various assets, including multiple notes made to numerous residential developers in favor of the funds and further secured by deeds of trust. These loans were made to separate and distinct borrowing entities, and are not dependent on each other for repayment. At December 31, 2015, the total principal balance outstanding under the borrowing relationship amounted to $25.4 million . Since December 31, 2015, the Company has received $21.2 million in principal payments and three of the four loans have paid in full. As of September 30, 2016 , the borrowing relationship consisted of one remaining loan with an outstanding principal balance of $4.2 million of which $3 million is classified as Special Mention and $1.2 million as Pass. This loan matured October 15, 2016 and is in the process of renewal. This loan is considered well-secured and in the process of collection with plans in place for the borrowers to bring the notes fully current. The borrowing relationship is not considered impaired and no specific reserves have been established at this time. December 31, 2015 Pass Special Substandard Doubtful Total Real estate: Construction and land $ 126,422 $ — $ — $ — $ 126,422 Farmland 11,696 — — — 11,696 1 - 4 family residential 136,856 — 848 — 137,704 Multi-family residential 8,695 — — — 8,695 Nonfarm nonresidential 282,404 2,043 175 — 284,622 Commercial 244,948 573 527 76 246,124 Consumer 5,282 1 21 — 5,304 Total $ 816,303 $ 2,617 $ 1,571 $ 76 $ 820,567 An analysis of the allowance for loan losses for the nine months ended September 30, 2016 and 2015 and year ended December 31, 2015 is as follows: Nine Months Ended September 30, 2016 Year Ended December 31, 2015 Nine Months Ended September 30, 2015 Balance at beginning of year $ 6,772 $ 5,981 $ 5,981 Provision charged to earnings 1,610 868 258 Charge-offs (309 ) (140 ) (126 ) Recoveries 29 63 101 Net charge-offs (280 ) (77 ) (25 ) Balance at end of year $ 8,102 $ 6,772 $ 6,214 The allowance for loan losses as a percentage of total loans was 0.87% , 0.83% and 0.82% as of September 30, 2016 , December 31, 2015 , and September 30, 2015 , respectively. The following tables summarize the activity in the allowance for loan losses by portfolio segment for the periods indicated: For the Nine Months Ended September 30, 2016 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of period $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 Provision (recapture) charged to earnings 368 (38 ) 532 741 7 1,610 Charge-offs — — — (300 ) (9 ) (309 ) Recoveries — — — 28 1 29 Net charge-offs (recoveries) — — — (272 ) (8 ) (280 ) Balance at end of period $ 1,472 $ 1,086 $ 2,721 $ 2,793 $ 30 $ 8,102 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 221 $ 4 $ 225 Total specific reserves — — — 221 4 225 General reserves 1,472 1,086 2,721 2,572 26 7,877 Total $ 1,472 $ 1,086 $ 2,721 $ 2,793 $ 30 $ 8,102 For the Year Ended December 31, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of period $ 769 $ 1,166 $ 1,890 $ 2,092 $ 64 $ 5,981 Provision (recapture) charged to earnings 383 (42 ) 294 262 (29 ) 868 Charge-offs (48 ) — — (87 ) (5 ) (140 ) Recoveries — — 5 57 1 63 Net charge-offs (recoveries) (48 ) — 5 (30 ) (4 ) (77 ) Balance at end of period $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 186 $ 7 $ 193 Total specific reserves — — — 186 7 193 General reserves 1,104 1,124 2,189 2,138 24 6,579 Total $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 For the Nine Months Ended September 30, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of year $ 769 $ 1,166 $ 1,890 $ 2,092 $ 64 $ 5,981 Provision (recapture) charged to earnings 135 84 26 38 (25 ) 258 Charge-offs (48 ) — — (74 ) (4 ) (126 ) Recoveries — — 5 95 1 101 Net charge-offs (recoveries) (48 ) — 5 21 (3 ) (25 ) Balance at end of year $ 856 $ 1,250 $ 1,921 $ 2,151 $ 36 $ 6,214 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 128 $ 5 $ 133 Total specific reserves — — — 128 5 133 General reserves 856 1,250 1,921 2,023 31 6,081 Total $ 856 $ 1,250 $ 1,921 $ 2,151 $ 36 $ 6,214 The Company’s recorded investment in loans as of September 30, 2016 and December 31, 2015 related to the balance in the allowance for loan losses on the basis of the Company’s impairment methodology is as follows: September 30, 2016 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Loans individually evaluated for impairment $ — $ 164 $ 384 $ 1,020 $ 15 $ 1,583 Loans collectively evaluated for impairment 172,468 148,043 327,951 272,389 4,278 925,129 Total $ 172,468 $ 148,207 $ 328,335 $ 273,409 $ 4,293 $ 926,712 December 31, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Loans individually evaluated for impairment $ — $ 353 $ 1,265 $ 740 $ 21 $ 2,379 Loans collectively evaluated for impairment 138,118 146,046 283,357 245,384 5,283 818,188 Total $ 138,118 $ 146,399 $ 284,622 $ 246,124 $ 5,304 $ 820,567 The Company has acquired certain loans which experienced credit deterioration since origination (purchased credit impaired, or “PCI” loans). Accretion on PCI loans is based on estimated future cash flows, regardless of contractual maturity. Servicing Assets At September 30, 2016 , the Company was servicing loans of approximately $30,346 . A summary of the changes in the related servicing assets are as follows: Nine Months Ended September 30, 2016 2015 Balance at beginning of year $ 426 $ — Servicing asset acquired through acquisition — 323 Increase from loan sales 231 60 Amortization charged to income (81 ) (11 ) Balance at end of period $ 576 $ 372 The estimated fair value of the servicing assets approximated the carrying amount at September 30, 2016 . No servicing assets were held by the Company prior to the acquisition of IBT Bancorp, Inc. (“IBT”). Fair value is estimated by discounting estimated future cash flows from the servicing assets using discount rates that approximate current market rates over the expected lives of the loans being serviced. A valuation allowance is recorded when the fair value is below the carrying amount of the asset. At September 30, 2016 , there was no valuation allowance recorded. The Company may also receive a portion of subsequent interest collections on loans sold that exceed the contractual servicing fee. In that case, the Company records an interest-only strip based on its relative fair market value and the other components of the loans. There was no interest-only strip receivable recorded at September 30, 2016 .

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s estimated annual effective tax rate, before reporting the net impact of discrete items, was approximately 34.2% % and 33.2% % for the nine months ended September 30, 2016 and 2015 . For the nine months ended September 30, 2016 and 2015, the effective tax rate is below the statutory rate, primarily because of tax-exempt income generated from bank owned life insurance and municipal securities. The increase in effective tax rates from the nine months ended September 30, 2015 was affected primarily by increases in the federal statutory rate from 34% to 35% . The Company’s reported effective tax rates after including the net impact of discrete items for the nine months ended September 30, 2016 and 2015 of 34.1% and 31.2% , respectively, in the accompanying unaudited condensed consolidated statements of income. The Company’s provision for income taxes for the nine months ended September 30, 2015 , was impacted by a net discrete tax benefit of $186 associated primarily with the recognition of deferred tax assets related to non-qualified stock options. Deferred income taxes reflect the net tax effects of temporary differences between the recorded amounts of assets and liabilities for financial reporting purposes, and the amounts used for income tax purposes. Included in the accompanying condensed consolidated balance sheets as of September 30, 2016 is a current tax receivable of approximately $754 and a net deferred tax asset of approximately $1,335 in other assets. Included in the accompanying condensed consolidated balance sheets as of December 31, 2015 is a current tax liability of $488 in accrued interest payable and other liabilities and a net deferred tax asset of $1,532 in other assets.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation The Company may from time to time be involved in legal actions arising from normal business activities. Management believes that these actions are without merit or that the ultimate liability, if any, resulting from them will not materially affect the financial position or results of operations of the Company. Operating Leases The Company leases several of its banking facilities under operating leases. Rental expense related to these leases was approximately $1,051 and $1,060 for the nine months ended September 30, 2016 and 2015 , respectively.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures The authoritative guidance for fair value measurements defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. The authoritative guidance requires the use of valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset (replacement costs). Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In that regard, the authoritative guidance establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs. Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs. Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (for example, interest rates, volatilities, prepayment speeds, loss severities, credit risks and default rates) or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 investments consist primarily of obligations of U.S. government sponsored enterprises and agencies, obligations of state and municipal subdivisions, corporate bonds, mortgage‑backed securities, collateralized mortgage obligations, and asset-backed securities. Level 3 Inputs. Significant unobservable inputs that reflect an entity’s own assumptions that market participants would use in pricing the assets or liabilities. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market‑based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. Assets and liabilities measured at fair value on a recurring basis include the following: Investment Securities Available For Sale: Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For those securities classified as Level 2, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U. S. Treasury yield curve, live trading levels or trade execution data for similar securities, market consensus prepayments speeds, credit information and the bond’s terms and conditions, among other things. The following table summarizes assets measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 , segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: Fair Value Level 1 Level 2 Level 3 Total As of September 30, 2016 Investment securities available for sale $ — $ 86,772 $ — $ 86,772 As of December 31, 2015 Investment securities available for sale $ — $ 75,813 $ — $ 75,813 The Company records other real estate at fair value less estimated costs to sell at the date of foreclosure. After foreclosure, other real estate is carried at the lower of the initial carrying amount (fair value less estimated costs to sell or lease), or at the value determined by subsequent appraisals or internal valuations of the other real estate. There were no other real estate properties recorded at fair value at September 30, 2016 and December 31, 2015 , respectively. There were no liabilities measured at fair value on a recurring basis as of September 30, 2016 or December 31, 2015 . There were no transfers between Level 2 and Level 3 during the nine months ended September 30, 2016 and 2015 . Certain assets and liabilities are measured at fair value on a non‑recurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). Assets measured at fair value on a non‑recurring basis include impaired loans and other real estate owned. The fair value of impaired loans with specific allocations of the allowance for loan losses and other real estate owned is based upon recent real estate appraisals less estimated costs of sale. For residential real estate impaired loans and other real estate owned, appraised values are based on the comparative sales approach. For commercial and commercial real estate impaired loans and other real estate owned, appraisers may use either a single valuation approach or a combination of approaches such as comparative sales, cost or the income approach. A significant unobservable input in the income approach is the estimated income capitalization rate for a given piece of collateral. Adjustments to appraisals may be made to reflect local market conditions or other economic factors and may result in changes in the fair value of a given asset over time. As such, the fair value of impaired loans and other real estate owned are considered a Level 3 in the fair value hierarchy. The Company recovers the carrying value of other real estate owned through the sale of the property. The ability to affect future sales prices is subject to market conditions and factors beyond the Company’s control and may impact the estimated fair value of a property. Appraisals for impaired loans and other real estate owned are performed by certified general appraisers whose qualifications and licenses have been reviewed and verified by the Company. Once reviewed, a member of the credit department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparisons to independent data sources such as recent market data or industry wide‑statistics. On a periodic basis, the Company compares the actual selling price of collateral that has been sold to the most recent appraised value to determine what additional adjustments, if any, should be made to the appraisal value to arrive at fair value. The following table summarizes assets measured at fair value on a non‑recurring basis as of September 30, 2016 and December 31, 2015 , segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: Fair Value Level 1 Level 2 Level 3 Total As of September 30, 2016 Assets: Impaired loans $ — $ — $ 1,583 $ 1,583 Other real estate owned $ — $ — $ — $ — As of December 31, 2015 Assets: Impaired loans $ — $ — $ 2,379 $ 2,379 Other real estate owned $ — $ — $ — $ — At September 30, 2016 , impaired loans had a carrying value of $1,583 , with $225 specific allowance for loan loss allocated. At December 31, 2015 , impaired loans had a carrying value of $2,379 , with $193 specific allowance for loan loss allocated. There were no liabilities measured at fair value on a non-recurring basis as of September 30, 2016 or December 31, 2015 . For Level 3 financial assets measured at fair value as of September 30, 2016 and December 31, 2015 , the significant unobservable inputs used in the fair value measurements were as follows: September 30, 2016 Valuation Unobservable Weighted Assets/Liabilities Fair Value Technique Input(s) Average Impaired loans $ 1,583 Collateral Method Adjustments for selling costs 8 % Other real estate owned $ — Collateral Method Adjustments for selling costs 8 % December 31, 2015 Valuation Unobservable Weighted Assets/Liabilities Fair Value Technique Input(s) Average Impaired loans $ 2,379 Collateral Method Adjustments for selling costs 8 % Other real estate owned $ — Collateral Method Adjustments for selling costs 8 % Fair Value of Financial Instruments The Company is required under current authoritative guidance to disclose the estimated fair value of its financial instrument assets and liabilities including those subject to the requirements discussed above. For the Company, as for most financial institutions, substantially all of its assets and liabilities are considered financial instruments, as defined. Many of the Company’s financial instruments, however, lack an available trading market as characterized by a willing buyer and willing seller engaging in an exchange transaction. The estimated fair value amounts of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret data to develop an estimate of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or valuation methodologies may have a material effect on the estimated fair value amounts. In addition, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates that must be made given the absence of active secondary markets for many of the financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values. The methods and assumptions used by the Company in estimating fair values of financial instruments as disclosed herein in accordance with ASC Topic 825, Financial Instruments, other than for those measured at fair value on a recurring and nonrecurring basis discussed above, are as follows: Cash and cash equivalents: The carrying amounts of cash and cash equivalents approximate their fair value. Loans and loans held for sale: For variable‑rate loans that reprice frequently and have no significant changes in credit risk, fair values are based on carrying values. Fair values for certain mortgage loans (for example, 1-4 family residential), commercial real estate and commercial loans are estimated using discounted cash flow analysis, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Servicing assets : The estimated fair value of the servicing assets approximated the carrying amount at September 30, 2016 . Fair value is estimated by discounting estimated future cash flows from the servicing assets using discount rates that approximate current market rates over the expected lives of the loans being serviced. A valuation allowance is recorded when the fair value is below the carrying amount of the asset. At September 30, 2016 no valuation allowance was recorded. Bank‑owned life insurance: The carrying amounts of bank‑owned life insurance approximate their fair value. Non‑marketable equity securities: The carrying value of restricted securities such as stock in the Federal Home Loan Bank of Dallas and Independent Bankers Financial Corporation approximates fair value. Deposits: The fair values disclosed for demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is their carrying amounts). The carrying amounts of variable‑rate certificates of deposit (“CDs”) approximate their fair values at the reporting date. Fair values for fixed‑rate CDs are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits. Advances from Federal Home Loan Bank: The fair value of advances maturing within 90 days approximates carrying value. Fair value of other advances is based on the Company’s current borrowing rate for similar arrangements. Junior subordinated debentures and subordinated notes: The fair values are based upon prevailing rates on similar debt in the market place. Accrued interest: The carrying amounts of accrued interest approximate their fair values due to short-term maturity. Off‑balance sheet instruments: Commitments to extend credit and standby letters of credit are generally priced at market at the time of funding and were not material to the Company’s condensed consolidated financial statements. The estimated fair values and carrying values of all financial instruments under current authoritative guidance as of September 30, 2016 and December 31, 2015 were as follows: September 30, December 31, 2016 2015 Carrying Fair Carrying Fair Financial assets: Level 1 inputs: Cash and cash equivalents $ 178,587 $ 178,587 $ 71,551 $ 71,551 Level 2 inputs: Investment securities 86,772 86,772 $ 75,813 $ 75,813 Loans held for sale 4,856 4,856 2,831 2,831 Accrued interest receivable 2,414 2,414 2,216 2,216 Bank-owned life insurance 19,922 19,922 19,459 19,459 Servicing asset 576 576 426 426 Non-marketable equity securities 7,358 7,358 4,167 4,167 Level 3 inputs: Loans, net 918,559 920,126 813,733 811,455 Financial liabilities: Level 2 inputs: Deposits $ 1,077,217 $ 1,059,415 $ 868,410 $ 844,966 Advances from FHLB 38,341 38,596 28,444 28,826 Accrued interest payable 130 130 108 108 Junior subordinated debentures 3,093 3,093 3,093 3,093 Subordinated notes 4,984 4,984 4,983 4,983

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Financial Instruments with Off-Balance Sheet Risk	Financial Instruments with Off‑Balance Sheet Risk The Company is a party to financial instruments with off‑balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the condensed consolidated balance sheets. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on balance sheet instruments. The following table sets forth the approximate amounts of these financial instruments as of September 30, 2016 and December 31, 2015 : September 30, December 31, 2016 2015 Commitments to extend credit $ 242,330 $ 236,678 Standby and commercial letters of credit 6,728 1,950 $ 249,058 $ 238,628 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Management evaluates each customer’s creditworthiness on a case‑by‑case basis. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on management’s credit evaluation of the borrower. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company’s policy for obtaining collateral and the nature of such collateral is essentially the same as that involved in making commitments to extend credit. Although the maximum exposure to loss is the amount of such commitments, management currently anticipates no material losses from such activities.

Employee Benefits

Employee Benefits	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	Employee Benefits Defined Contribution Plan The Company maintains a retirement savings 401(k) profit sharing plan (“Plan”) in which substantially all employees may participate. The Plan provides for “before tax” employee contributions through salary reductions under section 401(k) of the Internal Revenue Code. The Company may make a discretionary match of employees’ contributions based on a percentage of salary deferrals and certain discretionary profit sharing contributions. No matching contributions to the Plan were made for the nine months ended September 30, 2016 and 2015 . ESOP Effective January 1, 2012, the Company adopted the Veritex Community Bank Employee Stock Ownership Plan (“ESOP”) covering all employees that meet certain age and service requirements. Plan assets are held and managed by the Company. Shares of the Company’s common stock purchased by the ESOP are held in a suspense account until released for allocation to participants. Shares released are allocated to each eligible participant based on the participant’s 401(k) contribution made during that year. Compensation expense is measured based upon the expected amount of the Company’s discretionary contribution that is determined on an annual basis and is accrued ratably over the year. Shares are committed to be released to settle the liability upon formal declaration of the contribution at the end of the year. The number of shares released to settle the liability is based upon fair value of the shares and become outstanding shares for earnings per share computations. The cost of shares issued to the ESOP, but not yet committed to be released, is shown as a reduction of stockholders’ equity. To the extent that the fair value of the ESOP shares differs from the cost of such shares, the difference is charged or credited to stockholders’ equity as additional paid in capital. In January 2014, the ESOP borrowed $500 from the Company and purchased 46,082 shares of the Company's common stock. The ESOP debt is secured by shares of the Company. The loan will be repaid from contributions to the ESOP from the Company. As the debt is repaid, shares are released from collateral and allocated to employees’ accounts. The shares pledged as collateral are reported as unearned ESOP shares in the condensed consolidated balance sheets. Compensation expense attributed to the ESOP contributions recorded in the accompanying condensed consolidated statements of income for the nine months ended September 30, 2016 and 2015 was approximately $143 and $135 , respectively. The following is a summary of ESOP shares as of September 30, 2016 and December 31, 2015 : September 30, December 31, 2016 2015 Allocated shares 35,047 35,047 Unearned shares 27,993 27,993 Total ESOP shares 63,040 63,040 Fair value of unearned shares $ 487 $ 454

Stock and Incentive Plans

Stock and Incentive Plans	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock and Incentive Plans	Stock and Incentive Plans 2010 Stock Option and Equity Incentive Plan In 2010, the Company adopted the 2010 Stock Option and Equity Incentive Plan (the “2010 Incentive Plan”), which the Company’s shareholders approved in 2011. The maximum number of shares of common stock that may be issued pursuant to grants or options under the 2010 Incentive Plan is 1,000,000 . The 2010 Incentive Plan is administered by the Board of Directors and provides for both the direct award of stock and the grant of stock options to eligible directors, officers, employees and outside consultants of the Company or its affiliates as defined in the 2010 Incentive Plan. The Company may grant either incentive stock options or nonqualified stock options as directed in the 2010 Incentive Plan. The Board of Directors authorized the 2010 Incentive Plan to provide for the award of 100,000 shares of direct stock awards (restricted shares) and 900,000 shares of stock options, of which 500,000 shares are performance‑based stock options. Options are generally granted with an exercise price equal to the market price of the Company’s stock at the date of the grant; those option awards generally vest based on 5 years of continuous service and have 10 -year contractual terms for non‑controlling participants as defined by the 2010 Incentive Plan, and forfeiture of unexercised options upon termination of employment with the Company. Other grant terms can vary for controlling participants as defined by the 2010 Incentive Plan. Restricted share awards generally vest after 4 years of continuous service. The terms of the Incentive Plan include a provision whereby all unearned non‑performance options and restricted shares become immediately exercisable and fully vested upon a change in control. With the adoption of the 2014 Omnibus Plan, which is discussed below, the Company does not plan to award any additional grants or options under the 2010 Incentive Plan. During the nine months ended September 30, 2016 and 2015 , the Company did not award any restricted stock units, non-performance‑based stock options or performance‑based stock options under the 2010 Incentive Plan. Stock based compensation expense is measured based upon the fair market value of the award at the grant date and is recognized ratably over the period during which the shares are earned (the requisite service period). For the nine months ended September 30, 2016 and 2015 , approximately $86 and $163 of stock compensation expense related to the 2010 Incentive Plan, respectively, was recognized in the accompanying condensed consolidated statements of income. A summary of option activity under the 2010 Incentive Plan for the nine months ended September 30, 2016 and 2015 , and changes during the period then ended is presented below: For the Nine Months Ended September 30, 2016 Nonperformance-based stock options Shares Underlying Options Weighted Exercise Price Weighted Average Contractual Term Outstanding at beginning of year 325,500 $ 10.15 5.56 years Granted during the period — — Forfeited during the period — — Canceled during the period — — Exercised during the period — — Outstanding at the end of period 325,500 $ 10.15 4.81 years Options exercisable at end of period 303,700 $ 10.09 4.68 years Weighted average fair value of options granted during the period $ — For the Nine Months Ended September 30, 2015 Nonperformance-based stock options Shares Underlying Options Weighted Exercise Price Weighted Average Contractual Term Outstanding at beginning of year 352,500 $ 10.14 6.58 years Granted during the period — — Forfeited during the period (6,000 ) 10.00 Exercised during the period (21,000 ) 10.00 Outstanding at the end of period 325,500 $ 10.14 5.81 years Options exercisable at end of period 236,200 $ 10.07 5.65 years Weighted average fair value of options granted during the period $ — As of September 30, 2016 , December 31, 2015 and September 30, 2015 , the aggregate intrinsic value was $2,357 , $1,971 and $1,780 , respectively, for outstanding non-performance‑based stock options, $2,217 , $1,462 and $1,311 , respectively, for exercisable non-performance‑based stock options. As of September 30, 2016 , December 31, 2015 and September 30, 2015 , there was approximately $28 , $51 and $92 respectively, of unrecognized compensation expense related to non-performance‑based stock options. The unrecognized compensation expense at September 30, 2016 is expected to be recognized over the remaining weighted average requisite service period of 1.61 years . A summary of the status of the Company’s restricted stock units under the 2010 incentive plan as of September 30, 2016 and 2015 , and changes during the nine months ended then ended is as follows: 2016 2015 Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 39,750 $ 11.34 62,250 $ 10.86 Granted during the period — — — — Vested during the period (12,000 ) 10.00 (20,000 ) 10.00 Forfeited during the period — — (1,000 ) 10.00 Nonvested at September 30, 27,750 $ 11.92 41,250 $ 11.30 As of September 30, 2016 , December 31, 2015 and September 30, 2015 , there was $111 , $174 , and $194 respectively, of total unrecognized compensation expense related to nonvested restricted stock units. The unamortized compensation expense as of September 30, 2016 expected to be recognized over the remaining weighted average requisite service period of 1.44 years . 2014 Omnibus Plan In September of 2014, the Company adopted an omnibus incentive plan or the 2014 Omnibus Plan (“2014 Omnibus Plan”). The purpose of the 2014 Omnibus Plan is to align the long‑term financial interests of the employees, directors, consultants and other service providers with those of the shareholders, to attract and retain those employees, directors, consultants and other service providers by providing compensation opportunities that are competitive with other companies and to provide incentives to those individuals who contribute significantly to the Company’s long‑term performance and growth. To accomplish these goals, the 2014 Omnibus Plan permits the issuance of stock options, share appreciation rights, restricted shares, restricted share units, deferred shares, unrestricted shares and cash‑based awards. The maximum number of shares of the Company’s common stock that may be issued pursuant to grants or options under the 2014 Omnibus Plan is 1,000,000 . During the nine months ended September 30, 2016 , the Company awarded 25,060 non-performance restricted stock units, 34,190 performanced based restricted, and 76,286 non-performance‑based stock options under the 2014 Omnibus Plan. During the nine months ended September 30, 2015 , the Company awarded 8,000 non-performance based restricted stock units, and 25,474 market condition restricted stock units, and 52,080 non-performance‑based stock options under the 2014 Omnibus Plan. The non-performance options generally vest equally over three years from the grant date. The performance-based restricted stock units include a market condition based on the Company’s total shareholder return relative to a market index that determines the number of restricted stock units that may vest equally over a three -year period from the date of grant.The non-performance restricted stock units fully vest over the requisite service period generally ranging from one to five years. Stock based compensation expense is measured based upon the fair market value of the award at the grant date and is recognized ratably over the period during which the shares are earned (the requisite service period). For the nine months ended September 30, 2016 , compensation expense for awards granted under the 2014 Omnibus Plan was approximately $159 and $302 for options and restricted stock units, respectively. For the nine months ended September 30, 2015 , compensation expense for awards granted under the 2014 Omnibus Plan was approximately $55 and $226 for options and restricted stock units, respectively. The fair value of each option award is estimated on the grant date using the Black‑Scholes option‑pricing model with the following assumptions used for the grants: For the Nine Months Ended September 30, 2016 2015 Dividend yield 0.00% 0.00% Expected life 5.0 to 6.5 years 6.0 to 6.5 years Expected volatility 33.37% to 37.55% 37.00% to 37.55% Risk-free interest rate 1.06% to 2.01% 1.76% to 1.81% The expected life is based on the amount of time that options granted are expected to be outstanding. The dividend yield assumption is based on the Company’s history. The expected volatility is based on historical volatility of the Company as well as the volatility of certain comparable public company peers. The risk‑free interest rates are based upon yields of U.S. Treasury issues with a term equal to the expected life of the option being valued. A summary of the status of the Company’s stock options under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Nonperformance-based stock options Nonperformance-based stock options Shares Weighted Weighted Shares Weighted Weighted Outstanding at beginning of year 52,080 $ 14.35 9.12 years — $ — Granted during the period 76,286 15.98 52,080 14.35 Forfeited during the period — — — — Canceled during the period — — — — Exercised during the period — — — — Outstanding at the end of period 128,366 $ 15.32 8.94 years 52,080 $ 14.35 9.37 years Options exercisable at end of period 16,293 $ 14.28 8.33 years — $ — Weighted average fair value of options granted during the period $ 5.69 $ 5.57 As of September 30, 2016 , December 31, 2015 and September 30, 2015 the aggregate intrinsic value was $266 , $97 and $66 for outstanding stock options under the 2014 Omnibus plan. As of September 30, 2016 the aggregate intrinsic value was $51 for exercisable stock options outstanding under the 2014 Omnibus Plan, and there were no exercisable stock options outstanding under the 2014 Omnibus Plan as of December 31, 2015 or September 30, 2015 . A summary of the status of the Company’s non-performance based restricted stock units under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Non-performance Based Non-performance Based Restricted stock units Restricted stock units Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 70,919 $ 13.29 82,903 $ 13.00 Granted during the period 25,060 15.83 8,000 15.58 Vested during the period (9,716 ) 16.04 (784 ) 13.00 Forfeited during the period — — (3,533 ) 13.00 Nonvested at September 30, 86,263 $ 13.72 86,586 $ 13.24 A summary of the status of the Company’s performance based restricted stock units under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Performance Based Performance Based Restricted stock units Restricted stock units Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 25,474 $ 9.45 — $ — Granted during the period 34,190 9.52 25,474 9.45 Vested during the period (8,467 ) 14.17 — — Forfeited during the period — — — — Nonvested at September 30, 51,197 $ 8.72 25,474 $ 9.45 As of September 30, 2016 , December 31, 2015 and September 30, 2015 there was $478 , $187 and $208 of total unrecognized compensation expense related to options awarded under the 2014 Omnibus Plan, respectively. As of September 30, 2016 , December 31, 2015 and September 30, 2015 there was $1,373 , $979 and $1,060 of total unrecognized compensation related to restricted stock units awarded under the 2014 Omnibus Plan, respectively. The compensation expense related to these options and restricted stock units is expected to be recognized over the remaining weighted average requisite service periods of 2.50 and 2.70 years, respectively.

Significant Concentrations of C

Significant Concentrations of Credit Risk	9 Months Ended
	Sep. 30, 2016
Risks and Uncertainties [Abstract]
Significant Concentrations of Credit Risk	Significant Concentrations of Credit Risk Most of the Company’s business activity is with customers located within the Dallas metropolitan area. Such customers are normally also depositors of the Company. The distribution of commitments to extend credit approximates the distribution of loans outstanding. Commercial and standby letters of credit were granted primarily to commercial borrowers. The contractual amounts of credit related financial instruments such as commitments to extend credit, credit card arrangements, and letters of credit represent the amounts of potential accounting loss should the contract be fully drawn upon, the customer default, and the value of any existing collateral become worthless.

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Preferred Stock	Preferred Stock On August 25, 2011, the Company entered into a Small Business Lending Fund‑Securities Purchase Agreement (the “SBLF Purchase Agreement”) with the Secretary of the Treasury (the “Treasury”), pursuant to which the Company sold 8,000 shares of the Company’s Senior Non‑Cumulative Perpetual Preferred Stock, Series C (the “SBLF Preferred Stock”) to the Treasury for a purchase price of $8,000 . The issuance was pursuant to the Small Business Lending Fund (“SBLF”) program, a fund established under the Small Business Jobs Act of 2010 that was created to encourage lending to small businesses by providing capital to qualified community banks. The SBLF Preferred Stock qualifies as Tier 1 capital and pays non-cumulative dividends quarterly, on each January 1, April 1, July 1 and October 1. The dividend rate, as a percentage of the liquidation amount, can fluctuate on a quarterly basis during the first 10 quarters during which the SBLF Preferred Stock is outstanding, based upon changes in the level of “Qualified Small Business Lending” or “QBSL” (as defined in the SBLF Purchase Agreement) by the Bank. Based upon the increase in the Bank’s level of QBSL over the baseline level calculated under the terms of the SBLF Purchase Agreement, the dividend rate for the initial dividend period for the Company was set at 1% . For the tenth calendar quarter through 4.5 years after issuance, the dividend rate will be fixed and as of December 22, 2015 was set at 1% based upon the increase in QBSL as compared to the baseline. The SBLF Preferred Stock may be redeemed at any time at the Company’s option, at a redemption price of 100% of the liquidation amount of $1,000 per share plus accrued but unpaid dividends to the date of redemption for the current period, subject to the approval of its federal banking regulator. On December 22, 2015, the Company redeemed all 8,000 shares of SBLF Preferred Stock at its liquidation value of $1,000 per share plus accrued dividends for a total redemption amount of $8,018 . The redemption was approved by the Company’s primary federal regulator and was funded with the Company’s surplus capital. Immediately after the redemption, the Company’s capital ratios remained in excess of those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. The redemption terminated the Company’s participation in the SBLF program.

Capital Requirements and Restri

Capital Requirements and Restrictions on Retained Earnings	9 Months Ended
	Sep. 30, 2016
Banking and Thrift [Abstract]
Capital Requirements and Restrictions on Retained Earnings	Capital Requirements and Restrictions on Retained Earnings Under U.S. banking law, there are legal restrictions limiting the amount of dividends the Company can declare. Approval of the regulatory authorities is required if the effect of the dividends declared would cause regulatory capital of the Company to fall below specified minimum levels. The Company on a consolidated basis and the Bank are subject to various regulatory capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. In July 2013, the Federal Reserve published final rules for the adoption of the Basel III regulatory capital framework (the “Basel III Capital Rules”). The Basel III Capital Rules, among other things, (i) introduce a new capital measure called “Common Equity Tier 1” (“CET1”), (ii) specify that Tier 1 capital consist of Common Equity Tier 1 and “Additional Tier 1 Capital” instruments meeting specified requirements, (iii) define Common Equity Tier 1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to Common Equity Tier 1 and not to the other components of capital and (iv) expand the scope of the deductions/adjustments as compared to existing regulations. The Basel III Capital Rules became effective for the Company on January 1, 2015 with certain transition provisions to be fully phased in by January 1, 2019. Starting in January 2016, the implementation of the capital conservation buffer became effective for the Company starting at the 0.625% level and increasing 0.625% each year thereafter, until it reaches 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress and effectively increases the minimum required risk-weighted capital ratios. Failure to meet the full amount of the buffer will result in restrictions on the Company’s ability to make capital distributions, including dividend payments and stock repurchases, and to pay discretionary bonuses to executive officers. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total, CET1 and Tier 1 capital (as defined in the regulations) to risk weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of September 30, 2016 and December 31, 2015 that the Company and the Bank met all capital adequacy requirements to which they were subject. As of September 30, 2016 and December 31, 2015 , the Company’s and the Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” the Company and the Bank must maintain minimum total risk‑based, CET1, Tier 1 risk‑based and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since September 30, 2016 that management believes have changed the Company’s categorization as “well capitalized.” A comparison of the Company’s and Bank’s actual capital amounts and ratios to required capital amounts and ratios is presented in the following table: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of September 30, 2016 Total capital (to risk-weighted assets) Company $ 130,104 13.38 % ≥ $ 77,790 ≥ 8.0 % ≥ n/a ≥ n/a Bank $ 126,019 12.97 % ≥ $ 77,730 ≥ 8.0 % ≥ $ 97,162 ≥ 10.0 % Tier 1 capital (to risk-weighted assets) Company $ 117,018 12.04 % ≥ $ 58,315 ≥ 6.0 % ≥ n/a ≥ n/a Bank $ 117,917 12.14 % ≥ $ 58,279 ≥ 6.0 % ≥ $ 77,705 ≥ 8.0 % Common equity tier 1 to risk-weighted assets Company $ 113,925 11.72 % ≥ $ 43,743 ≥ 4.5 % ≥ n/a ≥ n/a Bank $ 117,917 12.14 % ≥ $ 43,709 ≥ 4.5 % ≥ $ 63,135 ≥ 6.5 % Tier 1 capital (to average assets) Company $ 117,018 9.82 % ≥ $ 47,665 ≥ 4.0 % ≥ n/a ≥ n/a Bank $ 117,917 9.90 % ≥ $ 47,643 ≥ 4.0 % ≥ $ 59,554 ≥ 5.0 % As of December 31, 2015 Total capital (to risk-weighted assets) Company $ 119,208 14.25 % ≥ $ 66,924 ≥ 8.0 % ≥ n/a ≥ n/a Bank $ 104,427 12.49 % ≥ $ 66,887 ≥ 8.0 % ≥ $ 83,608 ≥ 10.0 % Tier 1 capital (to risk-weighted assets) Company $ 107,453 12.85 % ≥ $ 50,173 ≥ 6.0 % ≥ n/a ≥ n/a Bank $ 97,655 11.68 % ≥ $ 50,165 ≥ 6.0 % ≥ $ 66,887 ≥ 8.0 % Common equity tier 1 to risk-weighted assets Company $ 104,360 12.48 % ≥ $ 37,630 ≥ 4.5 % ≥ n/a ≥ n/a Bank $ 97,655 11.68 % ≥ $ 37,624 ≥ 4.5 % ≥ $ 54,346 ≥ 6.5 % Tier 1 capital (to average assets) Company $ 107,453 10.75 % ≥ $ 39,983 ≥ 4.0 % ≥ n/a ≥ n/a Bank $ 97,655 9.78 % ≥ $ 39,941 ≥ 4.0 % ≥ $ 49,926 ≥ 5.0 %

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Veritex and the Bank as its wholly-owned subsidiary. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), but do not include all of the information and footnotes required for complete financial statements. In management’s opinion, these interim unaudited condensed consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair statement of the Company’s condensed consolidated financial position at September 30, 2016 and December 31, 2015 , condensed consolidated results of operations for the three months and nine months ended September 30, 2016 and 2015 , condensed consolidated stockholders’ equity for the nine months ended September 30, 2016 and 2015 and condensed consolidated cash flows for the nine months ended September 30, 2016 and 2015 . Accounting measurements at interim dates inherently involve greater reliance on estimates than at year end and the results for the interim periods shown in this report are not necessarily indicative of results to be expected for the full year due in part to global economic and financial market conditions, interest rates, access to sources of liquidity, market competition and interruptions of business processes. These interim unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2015 included within the Company’s Form 10-K as filed with the Securities and Exchange Commission on March 15, 2016. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.
Segment Reporting	Segment Reporting The Company has one reportable segment. All of the Company’s activities are interrelated, and each activity is dependent on the other and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and borrowings while managing interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit. The Company’s chief operating decision-maker, the CEO, uses the consolidated results to make operating and strategic decisions.
Earnings Per Share	Earnings Per Share Earnings per share (“EPS”) are based upon the weighted‑average shares outstanding.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2016-09 " Compensation —Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting " (“ASU 2016-09”) simplifies several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods therein. The Company is in process of evaluating the impact of this pronouncement. ASU 2016-13 " Financial Instruments —Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " (“ASU 2016-13”) amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. This Accounting Standards Update affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. The Company is in process of evaluating the impact of this pronouncement.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Schedule of Reconciliation Between Weighted Average Shares Used for Calculating Basic and Diluted EPS	The table below sets forth the reconciliation between weighted average shares used for calculating basic and diluted EPS for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Earnings (numerator) Net income $ 3,375 $ 2,537 $ 9,362 $ 6,217 Less: preferred stock dividends — 20 — 60 Net income allocated to common stockholders $ 3,375 $ 2,517 $ 9,362 $ 6,157 Shares (denominator) Weighted average shares outstanding for basic EPS (thousands) 10,705 10,653 10,698 9,854 Dilutive effect of employee stock-based awards 320 288 294 267 Adjusted weighted average shares outstanding 11,025 10,941 10,992 10,121 Earnings per share: Basic $ 0.32 $ 0.24 $ 0.88 $ 0.62 Diluted $ 0.31 $ 0.23 $ 0.85 $ 0.61

Statement of Cash Flows (Tables

Statement of Cash Flows (Tables)	9 Months Ended
	Sep. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Schedule of Other Supplemental Cash Flow Information	Other supplemental cash flow information is presented below: Nine Months Ended September 30, 2016 2015 Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 3,858 $ 2,497 Cash paid for income taxes $ 6,100 $ 2,900 Supplemental Disclosures of Non-Cash Flow Information: Issuance of stock to ESOP $ — $ 110 Net issuance of common stock for vesting of restricted stock units to cover withholding $ 108 $ 100 Net foreclosure of other real estate owned and repossessed assets $ 283 $ 493
Supplemental Schedule of Noncash Investing Activities from Company Acquisition Activity	The supplemental schedule of noncash investing activities from Company acquisition activity includes the following measurement-period adjustments made during the period: Nine Months Ended September 30, 2016 2015 Noncash assets acquired Securities available for sale $ — $ 4,646 Loans — 88,497 Bank premises, furniture and equipment — 4,947 Securities available for sale — 790 Bank-owned life insurance — 1,024 Accrued interest receivable — 250 Servicing assets — 323 Goodwill — 6,877 Core deposit intangibles — 1,078 Other assets — 504 Total assets $ — $ 108,936 Noncash liabilities assumed: Deposits $ — $ 97,426 FHLB advances — 3,503 Other borrowings — 926 Other liabilities — 526 Total liabilities $ — $ 102,381 1,185,067 shares of common stock exchanged in connection with acquisition $ — $ 17,705

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Carrying Amount and Approximate Fair Values of Available-for-Sale Securities	The carrying amount of securities and their approximate fair values are as follows: September 30, 2016 Amortized Gross Gross Fair Value Available for Sale U.S. government agencies $ 732 $ — $ 15 $ 717 Municipal securities 11,763 66 63 11,766 Mortgage-backed securities 44,289 256 61 44,484 Collateralized mortgage obligations 28,767 261 25 29,003 Asset-backed securities 797 5 — 802 $ 86,348 $ 588 $ 164 $ 86,772 December 31, 2015 Amortized Gross Gross Fair Value Available for Sale U.S. government agencies $ 3,823 $ — $ 36 $ 3,787 Municipal securities 6,738 9 52 6,695 Mortgage-backed securities 46,180 169 292 46,057 Collateralized mortgage obligations 18,379 64 59 18,384 Asset-backed securities 907 — 17 890 $ 76,027 $ 242 $ 456 $ 75,813
Schedule of Investment Securities That Have Been in a Continuous Unrealized Loss Position	The following tables disclose the Company’s investment securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months: September 30, 2016 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale U.S. government agencies $ — $ — $ 717 $ 15 $ 717 $ 15 Municipal securities 5,316 53 534 10 5,850 63 Mortgage-backed securities 5,366 28 4,852 33 10,218 61 Collateralized mortgage obligations 4,675 14 1,022 11 5,697 25 $ 15,357 $ 95 $ 7,125 $ 69 $ 22,482 $ 164 December 31, 2015 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss Available for Sale U.S. government agencies $ 2,978 $ 7 $ 809 $ 29 $ 3,787 $ 36 Municipal securities 4,216 52 — — 4,216 52 Mortgage-backed securities 32,255 253 2,792 39 35,047 292 Collateralized mortgage obligations 8,672 76 — — 8,672 76 $ 48,121 $ 388 $ 3,601 $ 68 $ 51,722 $ 456
Schedule of Amortized Costs and Estimated Fair Values of Securities Available for Sale, By Contractual Maturity	The amortized costs and estimated fair values of securities available for sale, by contractual maturity, as of the dates indicated, are shown in the table below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayments penalties. Mortgage-backed securities, collateralized mortgage obligations, and asset‑backed securities typically are issued with stated principal amounts, and the securities are backed by pools of mortgage loans and other loans that have varying maturities. The term of mortgage‑backed, collateralized mortgage obligations and asset‑backed securities thus approximates the term of the underlying mortgages and loans and can vary significantly due to prepayments. Therefore, these securities are not included in the maturity categories below. September 30, 2016 Available For Sale Amortized Fair Due in one year or less $ — $ — Due from one year to five years 4,038 4,076 Due from five years to ten years 3,539 3,521 Due after ten years 4,918 4,886 12,495 12,483 Mortgage-backed securities 44,289 44,484 Collateralized mortgage obligations 28,767 29,003 Asset-backed securities 797 802 $ 86,348 $ 86,772 December 31, 2015 Available For Sale Amortized Fair Due in one year or less $ 996 $ 999 Due from one year to five years 4,869 4,851 Due from five years to ten years 428 417 Due after ten years 4,268 4,215 10,561 10,482 Mortgage-backed securities 46,180 46,057 Collateralized mortgage obligations 18,379 18,384 Asset-backed securities 907 890 $ 76,027 $ 75,813
Schedule of Proceeds From Sales of Investment Securities Available for Sale and Gross Gains and Losses	Proceeds from sales of investment securities available for sale and gross gains and losses for the nine months ended September 30, 2016 and 2015 were as follows: Nine Months Ended September 30, Nine Months Ended September 30, 2016 2015 Proceeds from sales $ 8,378 $ 6,278 Gross realized gains 43 42 Gross realized losses 40 35

Loans and Allowance for Loan 26

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Summary of Loans in the Accompanying Consolidated Balance Sheets	Loans in the accompanying condensed consolidated balance sheets are summarized as follows: September 30, December 31, Real estate: Construction and land $ 163,047 $ 126,422 Farmland 9,421 11,696 1 - 4 family residential 134,926 137,704 Multi-family residential 13,281 8,695 Nonfarm nonresidential 328,335 284,622 Commercial 273,409 246,124 Consumer 4,293 5,304 926,712 820,567 Deferred loan fees (51 ) (62 ) Allowance for loan losses (8,102 ) (6,772 ) $ 918,559 $ 813,733
Schedule of Non-Accrual Loans	Non‑accrual loans aggregated by class of loans, as of September 30, 2016 and December 31, 2015 , are as follows: September 30, December 31, Real estate: Construction and land $ — $ — Farmland — — 1 - 4 family residential — 187 Multi-family residential — — Nonfarm nonresidential — — Commercial 1,073 383 Consumer 14 21 $ 1,087 $ 591
Schedule of Age Analysis of Past Due Loans, Aggregated by Class of Loans	An aging analysis of past due loans, aggregated by class of loans, as of September 30, 2016 and December 31, 2015 is as follows: September 30, 2016 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current Total Total 90 Days Past Due and Still Accruing Real estate: Construction and land $ — $ — $ — $ — $ 163,047 $ 163,047 $ — Farmland — — — — 9,421 9,421 — 1 - 4 family residential 563 137 218 918 134,008 134,926 218 Multi-family residential — — — — 13,281 13,281 — Nonfarm nonresidential — 387 — 387 327,948 328,335 — Commercial 704 14 671 1,389 272,020 273,409 139 Consumer — — — — 4,293 4,293 — $ 1,267 $ 538 $ 889 $ 2,694 $ 924,018 $ 926,712 $ 357 December 31, 2015 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current Total Total 90 Days Past Due and Still Accruing Real estate: Construction and land $ 3 $ — $ — $ 3 $ 126,419 $ 126,422 $ — Farmland — — — — 11,696 11,696 — 1 - 4 family residential 215 438 187 840 136,864 137,704 — Multi-family residential — — — — 8,695 8,695 — Nonfarm nonresidential — 175 — 175 284,447 284,622 — Commercial 883 81 159 1,123 245,001 246,124 83 Consumer 8 2 1 11 5,293 5,304 1 $ 1,109 $ 696 $ 347 $ 2,152 $ 818,415 $ 820,567 $ 84
Summary of Impaired Loans, Including Purchased Credit Impaired Loans and TDRs	Impaired loans, including purchased credit impaired loans and TDRs, at September 30, 2016 and December 31, 2015 are summarized in the following tables. September 30, 2016 Unpaid Recorded Recorded Total Related Average Real estate: Construction and land $ — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential 164 164 — 164 — 298 Multi-family residential — — — — — — Nonfarm nonresidential 384 384 — 384 — 459 Commercial 1,020 400 620 1,020 221 428 Consumer 15 — 15 15 4 13 Total $ 1,583 $ 948 $ 635 $ 1,583 $ 225 $ 1,198 December 31, 2015 Unpaid Recorded Recorded Total Related Average Real estate: Construction and land $ — $ — $ — $ — $ — $ 10 Farmland — — — — — — 1 - 4 family residential 353 353 — 353 — 191 Multi-family residential — — — — — — Nonfarm nonresidential 1,265 1,265 — 1,265 — 1,146 Commercial 740 390 350 740 186 533 Consumer 21 3 18 21 7 27 Total $ 2,379 $ 2,011 $ 368 $ 2,379 $ 193 $ 1,907
Schedule of Terms of Certain Loans That Were Modified as TDRs	During the nine months ended September 30, 2016 and 2015, the terms of certain loans modified as TDRs are summarized in the following tables: During the nine months ended September 30, 2016 Post-Modification Outstanding Recorded Investment Number Pre- Adjusted Extended Extended Extended Real estate loans: Construction and land — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential — — — — — — Multi-family residential — — — — — — Nonfarm nonresidential — — — — — — Commercial 2 175 — — 169 — Consumer — — — — — — Total 2 $ 175 $ — $ — $ 169 $ — During the nine months ended September 30, 2015 Post-Modification Outstanding Recorded Investment Number Pre- Adjusted Extended Extended Extended Real estate loans: Construction and land — $ — $ — $ — $ — $ — Farmland — — — — — — 1 - 4 family residential — — — — — — Multi-family residential — — — — — — Nonfarm nonresidential 1 399 — — — 393 Commercial 1 268 — — 251 — Consumer — — — — — — Total 2 $ 667 $ — $ — $ 251 $ 393
Summary of Internal Ratings of Loans, Including Purchased Credit Impaired Loans	The following tables summarize the Company’s internal ratings of its loans, including purchased credit impaired loans, as of September 30, 2016 and December 31, 2015 : September 30, 2016 Pass Special Substandard Doubtful Total Real estate: Construction and land $ 162,391 $ 656 $ — $ — $ 163,047 Farmland 9,421 — — — 9,421 1 - 4 family residential 134,708 — 218 — 134,926 Multi-family residential 13,281 — — — 13,281 Nonfarm nonresidential 327,056 1,279 — — 328,335 Commercial 268,761 3,420 1,228 — 273,409 Consumer 4,278 — 15 — 4,293 Total $ 919,896 $ 5,355 $ 1,461 $ — $ 926,712 In the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , the Company disclosed a borrowing relationship comprised of loans to multiple affiliated funds in which one of the funds had publicly disclosed that it was subject to ongoing SEC investigations and that the Federal Bureau of Investigation served a search warrant in February 2016 at the fund’s corporate offices in connection with a law enforcement investigation. At that time, the borrowing relationship consisted of four loans to five affiliated funds secured by various assets, including multiple notes made to numerous residential developers in favor of the funds and further secured by deeds of trust. These loans were made to separate and distinct borrowing entities, and are not dependent on each other for repayment. At December 31, 2015, the total principal balance outstanding under the borrowing relationship amounted to $25.4 million . Since December 31, 2015, the Company has received $21.2 million in principal payments and three of the four loans have paid in full. As of September 30, 2016 , the borrowing relationship consisted of one remaining loan with an outstanding principal balance of $4.2 million of which $3 million is classified as Special Mention and $1.2 million as Pass. This loan matured October 15, 2016 and is in the process of renewal. This loan is considered well-secured and in the process of collection with plans in place for the borrowers to bring the notes fully current. The borrowing relationship is not considered impaired and no specific reserves have been established at this time. December 31, 2015 Pass Special Substandard Doubtful Total Real estate: Construction and land $ 126,422 $ — $ — $ — $ 126,422 Farmland 11,696 — — — 11,696 1 - 4 family residential 136,856 — 848 — 137,704 Multi-family residential 8,695 — — — 8,695 Nonfarm nonresidential 282,404 2,043 175 — 284,622 Commercial 244,948 573 527 76 246,124 Consumer 5,282 1 21 — 5,304 Total $ 816,303 $ 2,617 $ 1,571 $ 76 $ 820,567
Schedule of Analysis of the Allowance for Loan Losses	An analysis of the allowance for loan losses for the nine months ended September 30, 2016 and 2015 and year ended December 31, 2015 is as follows: Nine Months Ended September 30, 2016 Year Ended December 31, 2015 Nine Months Ended September 30, 2015 Balance at beginning of year $ 6,772 $ 5,981 $ 5,981 Provision charged to earnings 1,610 868 258 Charge-offs (309 ) (140 ) (126 ) Recoveries 29 63 101 Net charge-offs (280 ) (77 ) (25 ) Balance at end of year $ 8,102 $ 6,772 $ 6,214
Summary of Activity in the Allowance for Loan Losses by Class of Loans	The following tables summarize the activity in the allowance for loan losses by portfolio segment for the periods indicated: For the Nine Months Ended September 30, 2016 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of period $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 Provision (recapture) charged to earnings 368 (38 ) 532 741 7 1,610 Charge-offs — — — (300 ) (9 ) (309 ) Recoveries — — — 28 1 29 Net charge-offs (recoveries) — — — (272 ) (8 ) (280 ) Balance at end of period $ 1,472 $ 1,086 $ 2,721 $ 2,793 $ 30 $ 8,102 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 221 $ 4 $ 225 Total specific reserves — — — 221 4 225 General reserves 1,472 1,086 2,721 2,572 26 7,877 Total $ 1,472 $ 1,086 $ 2,721 $ 2,793 $ 30 $ 8,102 For the Year Ended December 31, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of period $ 769 $ 1,166 $ 1,890 $ 2,092 $ 64 $ 5,981 Provision (recapture) charged to earnings 383 (42 ) 294 262 (29 ) 868 Charge-offs (48 ) — — (87 ) (5 ) (140 ) Recoveries — — 5 57 1 63 Net charge-offs (recoveries) (48 ) — 5 (30 ) (4 ) (77 ) Balance at end of period $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 186 $ 7 $ 193 Total specific reserves — — — 186 7 193 General reserves 1,104 1,124 2,189 2,138 24 6,579 Total $ 1,104 $ 1,124 $ 2,189 $ 2,324 $ 31 $ 6,772 For the Nine Months Ended September 30, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Balance at beginning of year $ 769 $ 1,166 $ 1,890 $ 2,092 $ 64 $ 5,981 Provision (recapture) charged to earnings 135 84 26 38 (25 ) 258 Charge-offs (48 ) — — (74 ) (4 ) (126 ) Recoveries — — 5 95 1 101 Net charge-offs (recoveries) (48 ) — 5 21 (3 ) (25 ) Balance at end of year $ 856 $ 1,250 $ 1,921 $ 2,151 $ 36 $ 6,214 Period-end amount allocated to: Specific reserves: Impaired loans $ — $ — $ — $ 128 $ 5 $ 133 Total specific reserves — — — 128 5 133 General reserves 856 1,250 1,921 2,023 31 6,081 Total $ 856 $ 1,250 $ 1,921 $ 2,151 $ 36 $ 6,214
Schedule of Recorded Investment in Loans Related to the Balance in the Allowance for Loan Losses on the Basis of the Company's Impairment Methodology	The Company’s recorded investment in loans as of September 30, 2016 and December 31, 2015 related to the balance in the allowance for loan losses on the basis of the Company’s impairment methodology is as follows: September 30, 2016 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Loans individually evaluated for impairment $ — $ 164 $ 384 $ 1,020 $ 15 $ 1,583 Loans collectively evaluated for impairment 172,468 148,043 327,951 272,389 4,278 925,129 Total $ 172,468 $ 148,207 $ 328,335 $ 273,409 $ 4,293 $ 926,712 December 31, 2015 Real Estate Construction, Residential Nonfarm Commercial Consumer Total Loans individually evaluated for impairment $ — $ 353 $ 1,265 $ 740 $ 21 $ 2,379 Loans collectively evaluated for impairment 138,118 146,046 283,357 245,384 5,283 818,188 Total $ 138,118 $ 146,399 $ 284,622 $ 246,124 $ 5,304 $ 820,567
Schedule of Summary of Changes in Servicing Assets	At September 30, 2016 , the Company was servicing loans of approximately $30,346 . A summary of the changes in the related servicing assets are as follows: Nine Months Ended September 30, 2016 2015 Balance at beginning of year $ 426 $ — Servicing asset acquired through acquisition — 323 Increase from loan sales 231 60 Amortization charged to income (81 ) (11 ) Balance at end of period $ 576 $ 372

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following table summarizes assets measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 , segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: Fair Value Level 1 Level 2 Level 3 Total As of September 30, 2016 Investment securities available for sale $ — $ 86,772 $ — $ 86,772 As of December 31, 2015 Investment securities available for sale $ — $ 75,813 $ — $ 75,813
Schedule of Assets Measured at Fair Value on a Non-Recurring Basis	The following table summarizes assets measured at fair value on a non‑recurring basis as of September 30, 2016 and December 31, 2015 , segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: Fair Value Level 1 Level 2 Level 3 Total As of September 30, 2016 Assets: Impaired loans $ — $ — $ 1,583 $ 1,583 Other real estate owned $ — $ — $ — $ — As of December 31, 2015 Assets: Impaired loans $ — $ — $ 2,379 $ 2,379 Other real estate owned $ — $ — $ — $ —
Schedule of Significant Unobservable Inputs Used in the Fair Value Measurements	For Level 3 financial assets measured at fair value as of September 30, 2016 and December 31, 2015 , the significant unobservable inputs used in the fair value measurements were as follows: September 30, 2016 Valuation Unobservable Weighted Assets/Liabilities Fair Value Technique Input(s) Average Impaired loans $ 1,583 Collateral Method Adjustments for selling costs 8 % Other real estate owned $ — Collateral Method Adjustments for selling costs 8 % December 31, 2015 Valuation Unobservable Weighted Assets/Liabilities Fair Value Technique Input(s) Average Impaired loans $ 2,379 Collateral Method Adjustments for selling costs 8 % Other real estate owned $ — Collateral Method Adjustments for selling costs 8 %
Schedule of Estimated Fair Values and Carrying Values of All Financial Instruments	The estimated fair values and carrying values of all financial instruments under current authoritative guidance as of September 30, 2016 and December 31, 2015 were as follows: September 30, December 31, 2016 2015 Carrying Fair Carrying Fair Financial assets: Level 1 inputs: Cash and cash equivalents $ 178,587 $ 178,587 $ 71,551 $ 71,551 Level 2 inputs: Investment securities 86,772 86,772 $ 75,813 $ 75,813 Loans held for sale 4,856 4,856 2,831 2,831 Accrued interest receivable 2,414 2,414 2,216 2,216 Bank-owned life insurance 19,922 19,922 19,459 19,459 Servicing asset 576 576 426 426 Non-marketable equity securities 7,358 7,358 4,167 4,167 Level 3 inputs: Loans, net 918,559 920,126 813,733 811,455 Financial liabilities: Level 2 inputs: Deposits $ 1,077,217 $ 1,059,415 $ 868,410 $ 844,966 Advances from FHLB 38,341 38,596 28,444 28,826 Accrued interest payable 130 130 108 108 Junior subordinated debentures 3,093 3,093 3,093 3,093 Subordinated notes 4,984 4,984 4,983 4,983

Financial Instruments with Of28

Financial Instruments with Off-Balance Sheet Risk (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of the Approximate Amounts of Financial Instruments with Off-Balance Sheet Risk	The following table sets forth the approximate amounts of these financial instruments as of September 30, 2016 and December 31, 2015 : September 30, December 31, 2016 2015 Commitments to extend credit $ 242,330 $ 236,678 Standby and commercial letters of credit 6,728 1,950 $ 249,058 $ 238,628

Employee Benefits (Tables)

Employee Benefits (Tables)	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Summary of ESOP Shares	The following is a summary of ESOP shares as of September 30, 2016 and December 31, 2015 : September 30, December 31, 2016 2015 Allocated shares 35,047 35,047 Unearned shares 27,993 27,993 Total ESOP shares 63,040 63,040 Fair value of unearned shares $ 487 $ 454

Stock and Incentive Plans (Tabl

Stock and Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2016
2010 Stock Option and Equity Incentive Plan
Summary of Option Activity	A summary of option activity under the 2010 Incentive Plan for the nine months ended September 30, 2016 and 2015 , and changes during the period then ended is presented below: For the Nine Months Ended September 30, 2016 Nonperformance-based stock options Shares Underlying Options Weighted Exercise Price Weighted Average Contractual Term Outstanding at beginning of year 325,500 $ 10.15 5.56 years Granted during the period — — Forfeited during the period — — Canceled during the period — — Exercised during the period — — Outstanding at the end of period 325,500 $ 10.15 4.81 years Options exercisable at end of period 303,700 $ 10.09 4.68 years Weighted average fair value of options granted during the period $ — For the Nine Months Ended September 30, 2015 Nonperformance-based stock options Shares Underlying Options Weighted Exercise Price Weighted Average Contractual Term Outstanding at beginning of year 352,500 $ 10.14 6.58 years Granted during the period — — Forfeited during the period (6,000 ) 10.00 Exercised during the period (21,000 ) 10.00 Outstanding at the end of period 325,500 $ 10.14 5.81 years Options exercisable at end of period 236,200 $ 10.07 5.65 years Weighted average fair value of options granted during the period $ —
Summary of Status of the Company's Restricted Shares or Restricted Stock Units	A summary of the status of the Company’s restricted stock units under the 2010 incentive plan as of September 30, 2016 and 2015 , and changes during the nine months ended then ended is as follows: 2016 2015 Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 39,750 $ 11.34 62,250 $ 10.86 Granted during the period — — — — Vested during the period (12,000 ) 10.00 (20,000 ) 10.00 Forfeited during the period — — (1,000 ) 10.00 Nonvested at September 30, 27,750 $ 11.92 41,250 $ 11.30
Omnibus Plan
Summary of Option Activity	A summary of the status of the Company’s stock options under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Nonperformance-based stock options Nonperformance-based stock options Shares Weighted Weighted Shares Weighted Weighted Outstanding at beginning of year 52,080 $ 14.35 9.12 years — $ — Granted during the period 76,286 15.98 52,080 14.35 Forfeited during the period — — — — Canceled during the period — — — — Exercised during the period — — — — Outstanding at the end of period 128,366 $ 15.32 8.94 years 52,080 $ 14.35 9.37 years Options exercisable at end of period 16,293 $ 14.28 8.33 years — $ — Weighted average fair value of options granted during the period $ 5.69 $ 5.57
Summary of Status of the Company's Restricted Shares or Restricted Stock Units	A summary of the status of the Company’s non-performance based restricted stock units under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Non-performance Based Non-performance Based Restricted stock units Restricted stock units Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 70,919 $ 13.29 82,903 $ 13.00 Granted during the period 25,060 15.83 8,000 15.58 Vested during the period (9,716 ) 16.04 (784 ) 13.00 Forfeited during the period — — (3,533 ) 13.00 Nonvested at September 30, 86,263 $ 13.72 86,586 $ 13.24 A summary of the status of the Company’s performance based restricted stock units under the 2014 Omnibus Plan as of September 30, 2016 and 2015 , and changes during the nine months ended is as follows: 2016 2015 Performance Based Performance Based Restricted stock units Restricted stock units Shares Weighted Average Grant Date Fair Value Shares Weighted Nonvested at January 1, 25,474 $ 9.45 — $ — Granted during the period 34,190 9.52 25,474 9.45 Vested during the period (8,467 ) 14.17 — — Forfeited during the period — — — — Nonvested at September 30, 51,197 $ 8.72 25,474 $ 9.45
Schedule of Assumptions Used to Measure Fair Value of Each Option Award Estimated On Grant Date Using Black-Scholes Option-Pricing Model	The fair value of each option award is estimated on the grant date using the Black‑Scholes option‑pricing model with the following assumptions used for the grants: For the Nine Months Ended September 30, 2016 2015 Dividend yield 0.00% 0.00% Expected life 5.0 to 6.5 years 6.0 to 6.5 years Expected volatility 33.37% to 37.55% 37.00% to 37.55% Risk-free interest rate 1.06% to 2.01% 1.76% to 1.81%

Capital Requirements and Rest31

Capital Requirements and Restrictions on Retained Earnings (Tables)	9 Months Ended
	Sep. 30, 2016
Banking and Thrift [Abstract]
Schedule of Comparison of the Company's and Bank's Actual Capital Amounts and Ratios to Required Capital Amounts and Ratios	A comparison of the Company’s and Bank’s actual capital amounts and ratios to required capital amounts and ratios is presented in the following table: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of September 30, 2016 Total capital (to risk-weighted assets) Company $ 130,104 13.38 % ≥ $ 77,790 ≥ 8.0 % ≥ n/a ≥ n/a Bank $ 126,019 12.97 % ≥ $ 77,730 ≥ 8.0 % ≥ $ 97,162 ≥ 10.0 % Tier 1 capital (to risk-weighted assets) Company $ 117,018 12.04 % ≥ $ 58,315 ≥ 6.0 % ≥ n/a ≥ n/a Bank $ 117,917 12.14 % ≥ $ 58,279 ≥ 6.0 % ≥ $ 77,705 ≥ 8.0 % Common equity tier 1 to risk-weighted assets Company $ 113,925 11.72 % ≥ $ 43,743 ≥ 4.5 % ≥ n/a ≥ n/a Bank $ 117,917 12.14 % ≥ $ 43,709 ≥ 4.5 % ≥ $ 63,135 ≥ 6.5 % Tier 1 capital (to average assets) Company $ 117,018 9.82 % ≥ $ 47,665 ≥ 4.0 % ≥ n/a ≥ n/a Bank $ 117,917 9.90 % ≥ $ 47,643 ≥ 4.0 % ≥ $ 59,554 ≥ 5.0 % As of December 31, 2015 Total capital (to risk-weighted assets) Company $ 119,208 14.25 % ≥ $ 66,924 ≥ 8.0 % ≥ n/a ≥ n/a Bank $ 104,427 12.49 % ≥ $ 66,887 ≥ 8.0 % ≥ $ 83,608 ≥ 10.0 % Tier 1 capital (to risk-weighted assets) Company $ 107,453 12.85 % ≥ $ 50,173 ≥ 6.0 % ≥ n/a ≥ n/a Bank $ 97,655 11.68 % ≥ $ 50,165 ≥ 6.0 % ≥ $ 66,887 ≥ 8.0 % Common equity tier 1 to risk-weighted assets Company $ 104,360 12.48 % ≥ $ 37,630 ≥ 4.5 % ≥ n/a ≥ n/a Bank $ 97,655 11.68 % ≥ $ 37,624 ≥ 4.5 % ≥ $ 54,346 ≥ 6.5 % Tier 1 capital (to average assets) Company $ 107,453 10.75 % ≥ $ 39,983 ≥ 4.0 % ≥ n/a ≥ n/a Bank $ 97,655 9.78 % ≥ $ 39,941 ≥ 4.0 % ≥ $ 49,926 ≥ 5.0 %

Summary of Significant Accoun32

Summary of Significant Accounting Policies - Additional Information (Details)	9 Months Ended
	Sep. 30, 2016segmentmortgage_officebranch
Nature of Organization
Number of branches | branch	10
Number of mortgage offices | mortgage_office	1
Segment Reporting:
Number of reportable segment | segment	1

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings (numerator)
Net income	$ 3,375	$ 2,537	$ 9,362	$ 6,217
Less: preferred stock dividends	0	20	0	60
Net income available to common stockholders	$ 3,375	$ 2,517	$ 9,362	$ 6,157
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands) (in shares)	10,705	10,653	10,698	9,854
Dilutive effect of employee stock based awards (in shares)	320	288	294	267
Adjusted weighted average shares outstanding (in shares)	11,025	10,941	10,992	10,121
Earnings per share:
Basic (in dollars per share)	$ 0.32	$ 0.24	$ 0.88	$ 0.62
Diluted (in dollars per share)	$ 0.31	$ 0.23	$ 0.85	$ 0.61

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Antidilutive Securities (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Performance-based stock options
Earnings Per Share
Excluded from diluted EPS weighted average shares	0	0	0	0

Statement of Cash Flows - Other

Statement of Cash Flows - Other Supplemental Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	$ 3,858	$ 2,497
Cash paid for income taxes	6,100	2,900
Supplemental Disclosures of Non-Cash Flow Information:
Issuance of stock to ESOP	0	110
Net issuance of common stock for vesting of restricted stock units to cover withholding	108	100
Net foreclosure of other real estate owned and repossessed assets	$ 283	$ 493

Statement of Cash Flows - Suppl

Statement of Cash Flows - Supplemental Schedule of Noncash Investing Activities From Acquisition Activity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Noncash assets acquired
Securities available for sale	$ 0	$ 4,646
Loans	0	88,497
Bank premises, furniture and equipment	0	4,947
Securities available for sale	0	790
Bank-owned life insurance	0	1,024
Accrued interest receivable	0	250
Servicing assets	0	323
Goodwill	0	6,877
Core deposit intangibles	0	1,078
Other assets	0	504
Total assets	0	108,936
Noncash liabilities assumed:
Deposits	0	97,426
FHLB advances	0	3,503
Other borrowings	0	926
Other liabilities	0	526
Total liabilities	0	102,381
1,185,067 shares of common stock exchanged in connection with acquisition	$ 0	$ 17,705
Shares of common stock exchanged in connection with acquisition (in shares)	1,185,067,000	1,185,067,000

Investment Securities - Carryin

Investment Securities - Carrying Amount and Fair Values (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Available for Sale securities
Amortized Cost	$ 86,348	$ 76,027
Gross Unrealized Gains	588	242
Gross Unrealized Losses	164	456
Fair Value	86,772	75,813
U.S. government agencies
Available for Sale securities
Amortized Cost	732	3,823
Gross Unrealized Gains	0	0
Gross Unrealized Losses	15	36
Fair Value	717	3,787
Municipal securities
Available for Sale securities
Amortized Cost	11,763	6,738
Gross Unrealized Gains	66	9
Gross Unrealized Losses	63	52
Fair Value	11,766	6,695
Mortgage-backed securities
Available for Sale securities
Amortized Cost	44,289	46,180
Gross Unrealized Gains	256	169
Gross Unrealized Losses	61	292
Fair Value	44,484	46,057
Collateralized mortgage obligations
Available for Sale securities
Amortized Cost	28,767	18,379
Gross Unrealized Gains	261	64
Gross Unrealized Losses	25	59
Fair Value	29,003	18,384
Asset-backed securities
Available for Sale securities
Amortized Cost	797	907
Gross Unrealized Gains	5	0
Gross Unrealized Losses	0	17
Fair Value	$ 802	$ 890

Investment Securities - Unreali

Investment Securities - Unrealized Loss Position (Details) $ in Thousands	Sep. 30, 2016USD ($)investment	Dec. 31, 2015USD ($)investment
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 15,357	$ 48,121
Less Than 12 Months, Unrealized Loss	95	388
12 Months or More, Fair Value	7,125	3,601
12 Months or More, Unrealized Loss	69	68
Total Fair Value	22,482	51,722
Total Unrealized Loss	$ 164	$ 456
Number of investment positions in an unrealized loss position | investment	23	52
U.S. government agencies
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 0	$ 2,978
Less Than 12 Months, Unrealized Loss	0	7
12 Months or More, Fair Value	717	809
12 Months or More, Unrealized Loss	15	29
Total Fair Value	717	3,787
Total Unrealized Loss	15	36
Municipal securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	5,316	4,216
Less Than 12 Months, Unrealized Loss	53	52
12 Months or More, Fair Value	534	0
12 Months or More, Unrealized Loss	10	0
Total Fair Value	5,850	4,216
Total Unrealized Loss	63	52
Mortgage-backed securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	5,366	32,255
Less Than 12 Months, Unrealized Loss	28	253
12 Months or More, Fair Value	4,852	2,792
12 Months or More, Unrealized Loss	33	39
Total Fair Value	10,218	35,047
Total Unrealized Loss	61	292
Collateralized mortgage obligations
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	4,675	8,672
Less Than 12 Months, Unrealized Loss	14	76
12 Months or More, Fair Value	1,022	0
12 Months or More, Unrealized Loss	11	0
Total Fair Value	5,697	8,672
Total Unrealized Loss	$ 25	$ 76

Investment Securities - Maturit

Investment Securities - Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Amortized Cost
Due in one year or less	$ 0	$ 996
Due from one year to five years	4,038	4,869
Due from five years to ten years	3,539	428
Due after ten years	4,918	4,268
Total investment securities available for sale, single maturity date	12,495	10,561
Total investment securities available for sale, amortized cost basis	86,348	76,027
Fair Value
Due in one year or less	0	999
Due from one year to five years	4,076	4,851
Due from five years to ten years	3,521	417
Due after ten years	4,886	4,215
Total investment securities available for sale	12,483	10,482
Total investment securities available for sale, fair value	86,772	75,813
Mortgage-backed securities
Amortized Cost
Amortized cost	44,289	46,180
Fair Value
Fair value	44,484	46,057
Collateralized mortgage obligations
Amortized Cost
Amortized cost	28,767	18,379
Fair Value
Fair value	29,003	18,384
Asset-backed securities
Amortized Cost
Amortized cost	797	907
Fair Value
Fair value	$ 802	$ 890

Investment Securities - Proceed

Investment Securities - Proceeds and Gross Gains/Losses (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Proceeds from sales of investment securities available for sale and gross gains and losses
Proceeds from sales	$ 8,378,000	$ 6,278,000
Gross realized gains	43,000	42,000
Gross realized losses	40,000	35,000
Calls of investment securities
Proceeds from sales of investment securities available for sale and gross gains and losses
Gross realized gains (losses)	$ 12,000	$ 0

Loans and Allowance for Loan 41

Loans and Allowance for Loan Losses - Balance Sheet Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Loans and Allowance for Loan Losses
Loans, gross	$ 926,712	$ 820,567
Deferred loan fees	(51)	(62)
Allowance for loan losses	(8,102)	(6,772)	$ (6,214)	$ (5,981)
Loans, net	918,559	813,733
Accretable discount related to loans acquired within a business combination	627	1,029
Commercial
Loans and Allowance for Loan Losses
Loans, gross	273,409	246,124
Allowance for loan losses	(2,793)	(2,324)	(2,151)	(2,092)
Consumer
Loans and Allowance for Loan Losses
Loans, gross	4,293	5,304
Allowance for loan losses	(30)	(31)	(36)	(64)
Construction and land | Real estate
Loans and Allowance for Loan Losses
Loans, gross	163,047	126,422
Farmland | Real estate
Loans and Allowance for Loan Losses
Loans, gross	9,421	11,696
Real estate | Real estate
Loans and Allowance for Loan Losses
Loans, gross	148,207	146,399
Allowance for loan losses	(1,086)	(1,124)	(1,250)	(1,166)
Nonfarm nonresidential | Real estate
Loans and Allowance for Loan Losses
Loans, gross	328,335	284,622
Allowance for loan losses	(2,721)	(2,189)	$ (1,921)	$ (1,890)
1 - 4 family residential | Real estate | Real estate
Loans and Allowance for Loan Losses
Loans, gross	134,926	137,704
Multi-family residential | Real estate | Real estate
Loans and Allowance for Loan Losses
Loans, gross	$ 13,281	$ 8,695

Loans and Allowance for Loan 42

Loans and Allowance for Loan Losses - Nonaccrual (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 1,087	$ 591
Commercial
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	1,073	383
Consumer
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	14	21
Construction and land | Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
Farmland | Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
Real estate | 1 - 4 family residential | Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	187
Real estate | Multi-family residential | Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
Nonfarm nonresidential | Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 0	$ 0

Loans and Allowance for Loan 43

Loans and Allowance for Loan Losses - Past Due (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	$ 2,694	$ 2,152
Total Current	924,018	818,415
Total Loans	926,712	820,567
Total 90 Days Past Due and Still Accruing	357	84
30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	1,267	1,109
60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	538	696
90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	889	347
Commercial
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	1,389	1,123
Total Current	272,020	245,001
Total Loans	273,409	246,124
Total 90 Days Past Due and Still Accruing	139	83
Commercial | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	704	883
Commercial | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	14	81
Commercial | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	671	159
Consumer
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	11
Total Current	4,293	5,293
Total Loans	4,293	5,304
Total 90 Days Past Due and Still Accruing	0	1
Consumer | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	8
Consumer | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	2
Consumer | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	1
Construction and land | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	3
Total Current	163,047	126,419
Total Loans	163,047	126,422
Total 90 Days Past Due and Still Accruing	0	0
Construction and land | Real estate | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	3
Construction and land | Real estate | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Construction and land | Real estate | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Farmland | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Total Current	9,421	11,696
Total Loans	9,421	11,696
Total 90 Days Past Due and Still Accruing	0	0
Farmland | Real estate | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Farmland | Real estate | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Farmland | Real estate | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Real estate | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Loans	148,207	146,399
Nonfarm nonresidential | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	387	175
Total Current	327,948	284,447
Total Loans	328,335	284,622
Total 90 Days Past Due and Still Accruing	0	0
Nonfarm nonresidential | Real estate | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Nonfarm nonresidential | Real estate | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	387	175
Nonfarm nonresidential | Real estate | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
1 - 4 family residential | Real estate | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	918	840
Total Current	134,008	136,864
Total Loans	134,926	137,704
Total 90 Days Past Due and Still Accruing	218	0
1 - 4 family residential | Real estate | Real estate | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	563	215
1 - 4 family residential | Real estate | Real estate | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	137	438
1 - 4 family residential | Real estate | Real estate | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	218	187
Multi-family residential | Real estate | Real estate
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Total Current	13,281	8,695
Total Loans	13,281	8,695
Total 90 Days Past Due and Still Accruing	0	0
Multi-family residential | Real estate | Real estate | 30 to 59 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Multi-family residential | Real estate | Real estate | 60 to 89 Days
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	0	0
Multi-family residential | Real estate | Real estate | 90 Days or Greater
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan 44

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Impaired Loans
Unpaid Contractual Principal Balance	$ 1,583	$ 2,379
Recorded Investment with No Allowance	948	2,011
Recorded Investment With Allowance	635	368
Total Recorded Investment	1,583	2,379
Related Allowance	225	193
Average Recorded Investment YTD	1,198	1,907
Commercial
Impaired Loans
Unpaid Contractual Principal Balance	1,020	740
Recorded Investment with No Allowance	400	390
Recorded Investment With Allowance	620	350
Total Recorded Investment	1,020	740
Related Allowance	221	186
Average Recorded Investment YTD	428	533
Consumer
Impaired Loans
Unpaid Contractual Principal Balance	15	21
Recorded Investment with No Allowance	0	3
Recorded Investment With Allowance	15	18
Total Recorded Investment	15	21
Related Allowance	4	7
Average Recorded Investment YTD	13	27
Construction and land | Real estate
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment YTD	0	10
Farmland | Real estate
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment YTD	0	0
Nonfarm nonresidential | Real estate
Impaired Loans
Unpaid Contractual Principal Balance	384	1,265
Recorded Investment with No Allowance	384	1,265
Recorded Investment With Allowance	0	0
Total Recorded Investment	384	1,265
Related Allowance	0	0
Average Recorded Investment YTD	459	1,146
1 - 4 family residential | Real estate | Real estate
Impaired Loans
Unpaid Contractual Principal Balance	164	353
Recorded Investment with No Allowance	164	353
Recorded Investment With Allowance	0	0
Total Recorded Investment	164	353
Related Allowance	0	0
Average Recorded Investment YTD	298	191
Multi-family residential | Real estate | Real estate
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment YTD	$ 0	$ 0

Loans and Allowance for Loan 45

Loans and Allowance for Loan Losses - Trouble Debt Restructuring (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)Loan	Sep. 30, 2015USD ($)Loan	Dec. 31, 2015USD ($)
Troubled Debt Restructuring
Recorded investment in TDRs	$ 751		$ 1,727
Number of Loans | Loan	2	2
Pre- Modification Outstanding Recorded Investment	$ 175	$ 667
Commercial
Troubled Debt Restructuring
Number of Loans | Loan	2	1
Pre- Modification Outstanding Recorded Investment	$ 175	$ 268
Consumer
Troubled Debt Restructuring
Number of Loans | Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Adjusted Interest Rate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate | Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate | Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity | Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity | Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	169	251
Extended Maturity and Restructured Payments | Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	169	251
Extended Maturity and Restructured Payments | Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	393
Extended Maturity, Restructured Payments and Adjusted Interest Rate | Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate | Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Construction and land | Real estate
Troubled Debt Restructuring
Number of Loans | Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Construction and land | Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Construction and land | Extended Maturity | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Construction and land | Extended Maturity and Restructured Payments | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Construction and land | Extended Maturity, Restructured Payments and Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Farmland | Real estate
Troubled Debt Restructuring
Number of Loans | Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Farmland | Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Farmland | Extended Maturity | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Farmland | Extended Maturity and Restructured Payments | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Farmland | Extended Maturity, Restructured Payments and Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Nonfarm nonresidential | Real estate
Troubled Debt Restructuring
Number of Loans | Loan	0	1
Pre- Modification Outstanding Recorded Investment	$ 0	$ 399
Nonfarm nonresidential | Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Nonfarm nonresidential | Extended Maturity | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Nonfarm nonresidential | Extended Maturity and Restructured Payments | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Nonfarm nonresidential | Extended Maturity, Restructured Payments and Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 393
1 - 4 family residential | Real estate | Real estate
Troubled Debt Restructuring
Number of Loans | Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
1 - 4 family residential | Real estate | Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
1 - 4 family residential | Real estate | Extended Maturity | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
1 - 4 family residential | Real estate | Extended Maturity and Restructured Payments | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
1 - 4 family residential | Real estate | Extended Maturity, Restructured Payments and Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Multi-family residential | Real estate | Real estate
Troubled Debt Restructuring
Number of Loans | Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Multi-family residential | Real estate | Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Multi-family residential | Real estate | Extended Maturity | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Multi-family residential | Real estate | Extended Maturity and Restructured Payments | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Multi-family residential | Real estate | Extended Maturity, Restructured Payments and Adjusted Interest Rate | Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0

Loans and Allowance for Loan 46

Loans and Allowance for Loan Losses - TDR's additional information (Details)	9 Months Ended
	Sep. 30, 2015USD ($)Loan	Sep. 30, 2016USD ($)
Receivables [Abstract]
Number of loans restructured performing as agreed to modified terms	2
Valuation allowance for loans restructured | $	$ 100,000	$ 38,000
Number of loans modified as a troubled debt restructured loan within previous 12 months and for which there was a payment default	0

Loans and Allowance for Loan 47

Loans and Allowance for Loan Losses - Credit Quality Indicators (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)Loan	Dec. 31, 2015USD ($)affiliated_fundLoan
Credit Quality Indicators
Loans	$ 926,712	$ 820,567
Number of loans | Loan		4
Number of affiliated funds | affiliated_fund		5
Pass
Credit Quality Indicators
Loans	919,896	$ 816,303
Special Mention
Credit Quality Indicators
Loans	5,355	2,617
Substandard
Credit Quality Indicators
Loans	1,461	1,571
Doubtful
Credit Quality Indicators
Loans	0	76
Commercial
Credit Quality Indicators
Loans	273,409	246,124
Commercial | Pass
Credit Quality Indicators
Loans	268,761	244,948
Commercial | Special Mention
Credit Quality Indicators
Loans	3,420	573
Commercial | Substandard
Credit Quality Indicators
Loans	1,228	527
Commercial | Doubtful
Credit Quality Indicators
Loans	0	76
Consumer
Credit Quality Indicators
Loans	4,293	5,304
Consumer | Pass
Credit Quality Indicators
Loans	4,278	5,282
Consumer | Special Mention
Credit Quality Indicators
Loans	0	1
Consumer | Substandard
Credit Quality Indicators
Loans	15	21
Consumer | Doubtful
Credit Quality Indicators
Loans	0	0
Construction and land | Real estate
Credit Quality Indicators
Loans	163,047	126,422
Construction and land | Real estate | Pass
Credit Quality Indicators
Loans	162,391	126,422
Construction and land | Real estate | Special Mention
Credit Quality Indicators
Loans	656	0
Construction and land | Real estate | Substandard
Credit Quality Indicators
Loans	0	0
Construction and land | Real estate | Doubtful
Credit Quality Indicators
Loans	0	0
Farmland | Real estate
Credit Quality Indicators
Loans	9,421	11,696
Farmland | Real estate | Pass
Credit Quality Indicators
Loans	9,421	11,696
Farmland | Real estate | Special Mention
Credit Quality Indicators
Loans	0	0
Farmland | Real estate | Substandard
Credit Quality Indicators
Loans	0	0
Farmland | Real estate | Doubtful
Credit Quality Indicators
Loans	0	0
Real estate | Real estate
Credit Quality Indicators
Loans	148,207	146,399
Real estate | 1 - 4 family residential | Real estate
Credit Quality Indicators
Loans	134,926	137,704
Real estate | 1 - 4 family residential | Real estate | Pass
Credit Quality Indicators
Loans	134,708	136,856
Real estate | 1 - 4 family residential | Real estate | Special Mention
Credit Quality Indicators
Loans	0	0
Real estate | 1 - 4 family residential | Real estate | Substandard
Credit Quality Indicators
Loans	218	848
Real estate | 1 - 4 family residential | Real estate | Doubtful
Credit Quality Indicators
Loans	0	0
Real estate | Multi-family residential | Real estate
Credit Quality Indicators
Loans	13,281	8,695
Real estate | Multi-family residential | Real estate | Pass
Credit Quality Indicators
Loans	13,281	8,695
Real estate | Multi-family residential | Real estate | Special Mention
Credit Quality Indicators
Loans	0	0
Real estate | Multi-family residential | Real estate | Substandard
Credit Quality Indicators
Loans	0	0
Real estate | Multi-family residential | Real estate | Doubtful
Credit Quality Indicators
Loans	0	0
Nonfarm nonresidential | Real estate
Credit Quality Indicators
Loans	328,335	284,622
Nonfarm nonresidential | Real estate | Pass
Credit Quality Indicators
Loans	327,056	282,404
Nonfarm nonresidential | Real estate | Special Mention
Credit Quality Indicators
Loans	1,279	2,043
Nonfarm nonresidential | Real estate | Substandard
Credit Quality Indicators
Loans	0	175
Nonfarm nonresidential | Real estate | Doubtful
Credit Quality Indicators
Loans	0	0
Loans receivable to multiple affiliated funds | Commercial
Credit Quality Indicators
Loans	4,200	$ 25,400
Proceeds from principal payments	$ 21,200
Number of Loans paid in full | Loan	3
Loans receivable to multiple affiliated funds | Commercial | Pass
Credit Quality Indicators
Loans	$ 1,200
Loans receivable to multiple affiliated funds | Commercial | Special Mention
Credit Quality Indicators
Loans	$ 3,000

Loans and Allowance for Loan 48

Loans and Allowance for Loan Losses - Allowance (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Analysis of allowance for loan losses
Balance at beginning of period	$ 6,772	$ 5,981	$ 5,981
Provision (recapture) charged to earnings	1,610	258	868
Charge-offs	(309)	(126)	(140)
Recoveries	29	101	63
Net charge-offs (recoveries)	(280)	(25)	(77)
Balance at end of period	8,102	6,214	6,772
Specific reserves:
Impaired loans				$ 225	$ 193	$ 133
Total specific reserves				225	193	133
General reserves				7,877	6,579	6,081
Total	6,772	5,981	5,981	$ 8,102	$ 6,772	$ 6,214
Allowance for loan losses (as a percent)				0.87%	0.83%	0.82%
Commercial
Analysis of allowance for loan losses
Balance at beginning of period	2,324	2,092	2,092
Provision (recapture) charged to earnings	741	38	262
Charge-offs	(300)	(74)	(87)
Recoveries	28	95	57
Net charge-offs (recoveries)	(272)	21	(30)
Balance at end of period	2,793	2,151	2,324
Specific reserves:
Impaired loans				$ 221	$ 186	$ 128
Total specific reserves				221	186	128
General reserves				2,572	2,138	2,023
Total	2,324	2,092	2,092	2,793	2,324	2,151
Consumer
Analysis of allowance for loan losses
Balance at beginning of period	31	64	64
Provision (recapture) charged to earnings	7	(25)	(29)
Charge-offs	(9)	(4)	(5)
Recoveries	1	1	1
Net charge-offs (recoveries)	(8)	(3)	(4)
Balance at end of period	30	36	31
Specific reserves:
Impaired loans				4	7	5
Total specific reserves				4	7	5
General reserves				26	24	31
Total	31	64	64	30	31	36
Construction, Land and Farmland | Real estate
Analysis of allowance for loan losses
Balance at beginning of period	1,104	769	769
Provision (recapture) charged to earnings	368	135	383
Charge-offs	0	(48)	(48)
Recoveries	0	0	0
Net charge-offs (recoveries)	0	(48)	(48)
Balance at end of period	1,472	856	1,104
Specific reserves:
Impaired loans				0	0	0
Total specific reserves				0	0	0
General reserves				1,472	1,104	856
Total	1,104	769	769	1,472	1,104	856
Real estate | Real estate
Analysis of allowance for loan losses
Balance at beginning of period	1,124	1,166	1,166
Provision (recapture) charged to earnings	(38)	84	(42)
Charge-offs	0	0	0
Recoveries	0	0	0
Net charge-offs (recoveries)	0	0	0
Balance at end of period	1,086	1,250	1,124
Specific reserves:
Impaired loans				0	0	0
Total specific reserves				0	0	0
General reserves				1,086	1,124	1,250
Total	1,124	1,166	1,166	1,086	1,124	1,250
Nonfarm nonresidential | Real estate
Analysis of allowance for loan losses
Balance at beginning of period	2,189	1,890	1,890
Provision (recapture) charged to earnings	532	26	294
Charge-offs	0	0	0
Recoveries	0	5	5
Net charge-offs (recoveries)	0	5	5
Balance at end of period	2,721	1,921	2,189
Specific reserves:
Impaired loans				0	0	0
Total specific reserves				0	0	0
General reserves				2,721	2,189	1,921
Total	$ 2,189	$ 1,890	$ 1,890	$ 2,721	$ 2,189	$ 1,921

Loans and Allowance for Loan 49

Loans and Allowance for Loan Losses - Allowance, Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Allowance, impairment methodology
Loans individually evaluated for impairment	$ 1,583	$ 2,379
Loans collectively evaluated for impairment	925,129	818,188
Total Loans	926,712	820,567
Commercial
Allowance, impairment methodology
Loans individually evaluated for impairment	1,020	740
Loans collectively evaluated for impairment	272,389	245,384
Total Loans	273,409	246,124
Consumer
Allowance, impairment methodology
Loans individually evaluated for impairment	15	21
Loans collectively evaluated for impairment	4,278	5,283
Total Loans	4,293	5,304
Real estate | Real estate
Allowance, impairment methodology
Loans individually evaluated for impairment	164	353
Loans collectively evaluated for impairment	148,043	146,046
Total Loans	148,207	146,399
Construction, Land and Farmland | Real estate
Allowance, impairment methodology
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	172,468	138,118
Total Loans	172,468	138,118
Nonfarm nonresidential | Real estate
Allowance, impairment methodology
Loans individually evaluated for impairment	384	1,265
Loans collectively evaluated for impairment	327,951	283,357
Total Loans	$ 328,335	$ 284,622

Loans and Allowance for Loan 50

Loans and Allowance for Loan Losses - Servicing Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Servicing asset		$ 0
Summary of changes in related servicing assets
Valuation allowance recorded	$ 0
Interest receivable	2,414,000		$ 2,216,000
Interest-only strip
Summary of changes in related servicing assets
Interest receivable	0
IBT
Servicing asset	30,346,000
Summary of changes in related servicing assets
Balance at beginning of year	426,000	0
Servicing asset acquired through acquisition	0	323,000
Increase from loan sales	231,000	60,000
Amortization charged to income	(81,000)	(11,000)
Balance at end of period	$ 576,000	$ 372,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Income Tax Examination [Line Items]
Estimated annual effective tax rate (as a percent)	0.342	0.332
Federal tax rate (as a percent)	35.00%	34.00%
Effective tax rate (as a percent)	34.10%	31.20%
Discrete tax benefit related to non-qualified stock options		$ 186
Current tax receivable	$ 754
Net deferred tax asset			$ 1,532
Other assets
Income Tax Examination [Line Items]
Net deferred tax asset	$ 1,335
Accrued interest payable and other liabilities
Income Tax Examination [Line Items]
Current tax liability			$ 488

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating Leases
Rental expense on operating lease	$ 1,051	$ 1,060

Fair Value Disclosures - Recurr

Fair Value Disclosures - Recurring Basis (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Assets measured at fair value
Investment securities available for sale	$ 86,772,000		$ 75,813,000
Recurring
Assets measured at fair value
Investment securities available for sale	86,772,000		75,813,000
Liabilities measured at fair value	0		0
Transfer of assets from Level 2 to Level 3	0	$ 0
Transfer of assets from Level 3 to Level 2	0	$ 0
Recurring | Level 1
Assets measured at fair value
Investment securities available for sale	0		0
Recurring | Level 2
Assets measured at fair value
Investment securities available for sale	86,772,000		75,813,000
Recurring | Level 3
Assets measured at fair value
Investment securities available for sale	$ 0		$ 0

Fair Value Disclosures - Non-re

Fair Value Disclosures - Non-recurring Basis (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Assets measured at fair value
Loans individually evaluated for impairment	$ 1,583,000	$ 2,379,000
Impaired loans, carrying value	1,583,000	2,379,000
Impaired loans, specific allowance	225,000	193,000
Non-recurring
Assets measured at fair value
Impaired loans	1,583,000	2,379,000
Other real estate owned	0	0
Liabilities measured at fair value	0	0
Non-recurring | Level 1
Assets measured at fair value
Impaired loans	0	0
Other real estate owned	0	0
Non-recurring | Level 2
Assets measured at fair value
Impaired loans	0	0
Other real estate owned	0	0
Non-recurring | Level 3
Assets measured at fair value
Impaired loans	1,583,000	2,379,000
Other real estate owned	$ 0	$ 0

Fair Value Disclosures - Level

Fair Value Disclosures - Level 3 (Details) - Collateral Method - Level 3 - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Impaired loans
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 1,583	$ 2,379
Weighted Average (as a percent)	8.00%	8.00%
Other real estate owned, net
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 0	$ 0
Weighted Average (as a percent)	8.00%	8.00%

Fair Value Disclosures - Financ

Fair Value Disclosures - Financial Instruments (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Estimated fair values and carrying values of all financial instruments
Cash and Cash Equivalents, at Carrying Value	$ 178,587,000	$ 71,551,000	$ 123,509,000	$ 93,251,000
Valuation allowance recorded for servicing assets	$ 0
Maximum maturity period for Federal Home Loan Bank advances recorded at carrying value	90 days
Financial assets:
Investment securities	$ 86,772,000	75,813,000
Loans held for sale	4,856,000	2,831,000
Accrued interest receivable	2,414,000	2,216,000
Bank-owned life insurance	19,922,000	19,459,000
Non-marketable equity securities	7,358,000	4,167,000
Loans and Leases Receivable, Net Amount	918,559,000	813,733,000
Deposits	1,077,217,000	868,410,000
Financial liabilities:
Advances from Federal Home Loan Bank	38,341,000	28,444,000
Junior subordinated debentures	3,093,000	3,093,000
Subordinated notes	4,984,000	4,983,000
Level 1 | Carrying Amount
Financial assets:
Cash and cash equivalents	178,587,000	71,551,000
Level 1 | Total Fair Value
Financial assets:
Cash and cash equivalents	178,587,000	71,551,000
Level 2 | Carrying Amount
Financial assets:
Investment securities	86,772,000	75,813,000
Loans held for sale	4,856,000	2,831,000
Accrued interest receivable	2,414,000	2,216,000
Bank-owned life insurance	19,922,000	19,459,000
Servicing Asset at Amortized Cost	576,000
Servicing asset		426,000
Non-marketable equity securities	7,358,000	4,167,000
Financial liabilities:
Deposits	1,077,217,000	868,410,000
Advances from FHLB	38,341,000	28,444,000
Accrued interest payable	130,000	108,000
Junior subordinated debentures	3,093,000	3,093,000
Subordinated notes	4,984,000	4,983,000
Level 2 | Total Fair Value
Financial assets:
Investment securities	86,772,000	75,813,000
Loans held for sale	4,856,000	2,831,000
Accrued interest receivable	2,414,000	2,216,000
Bank-owned life insurance	19,922,000	19,459,000
Servicing asset	576,000	426,000
Non-marketable equity securities	7,358,000	4,167,000
Financial liabilities:
Deposits	1,059,415,000	844,966,000
Advances from FHLB	38,596,000	28,826,000
Accrued interest payable	130,000	108,000
Junior subordinated debentures	3,093,000	3,093,000
Subordinated notes	4,984,000	4,983,000
Level 3 | Carrying Amount
Financial assets:
Loans, net	918,559,000	813,733,000
Level 3 | Total Fair Value
Financial assets:
Loans, net	920,126,000	811,455,000
IBT
Financial assets:
Servicing Asset at Amortized Cost	$ 576,000	$ 426,000	$ 372,000	$ 0

Financial Instruments with Of57

Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financial instruments with off-balance sheet risk
Total commitments	$ 249,058	$ 238,628
Commitments to extend credit
Financial instruments with off-balance sheet risk
Total commitments	242,330	236,678
Standby and commercial letters of credit
Financial instruments with off-balance sheet risk
Total commitments	$ 6,728	$ 1,950

Employee Benefits (Details)

Employee Benefits (Details) - USD ($)	1 Months Ended	9 Months Ended
	Jan. 31, 2014	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
ESOP
Matching contributions to 401(k) profit sharing Plan		$ 0	$ 0
Summary of ESOP shares
Allocated shares		35,047		35,047
Unearned shares		27,993		27,993
Total ESOP shares		63,040		63,040
Fair value of unearned shares		$ 487,000		$ 454,000
ESOP
ESOP
Amount borrowed	$ 500,000
Common stock shares purchased by ESOP	46,082
Compensation expense		$ 143,000	$ 135,000

Stock and Incentive Plans - 201

Stock and Incentive Plans - 2010 Plan (Details) - 2010 Stock Option and Equity Incentive Plan - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2010
Stock and Incentive Plans
Number of shares authorized			1,000,000
Stock based compensation expense	$ 86	$ 163
Restricted shares
Stock and Incentive Plans
Number of shares authorized			100,000
Term of continuous service for vesting awards			4 years
Number of shares awarded	0	0
Stock option
Stock and Incentive Plans
Number of shares authorized			900,000
Term of continuous service for vesting awards			5 years
Contractual terms for non-controlling participants			10 years
Performance-based stock options
Stock and Incentive Plans
Number of shares authorized			500,000
Number of shares awarded under stock options	0	0
Nonperformance-based stock options
Stock and Incentive Plans
Number of shares awarded under stock options	0	0

Stock and Incentive Plans - 260

Stock and Incentive Plans - 2010 Plan - Options (Details) - Nonperformance-based stock options - 2010 Stock Option and Equity Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Shares Underlying Options
Outstanding at beginning of period (in shares)	325,500	352,500	352,500
Granted during the period (in shares)	0	0
Forfeited during the period (in shares)	0	(6,000)
Canceled during the period (in shares)	0
Exercised during the period (in shares)	0	(21,000)
Outstanding at the end of period (in shares)	325,500	325,500	325,500	352,500
Options exercisable at end of period (in shares)	303,700	236,200
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 10.15	$ 10.14	$ 10.14
Granted during the period (in dollars per share)	0	0
Forfeited during the period (in dollars per share)	0	10
Cancelled during the period (in dollars per share)	0
Exercised during the period (in dollars per share)	0	10
Outstanding at the end of period (in dollars per share)	10.15	10.14	$ 10.15	$ 10.14
Options exercisable at end of period (in dollars per share)	10.09	10.07
Weighted average fair value of options granted during the period (in dollars per share)	$ 0	$ 0
Weighted Average Contractual Term
Outstanding at beginning of period	4 years 9 months 22 days	5 years 9 months 22 days	5 years 6 months 22 days	6 years 6 months 29 days
Outstanding at the end of period	4 years 9 months 22 days	5 years 9 months 22 days	5 years 6 months 22 days	6 years 6 months 29 days
Options exercisable at end of period	4 years 8 months 5 days	5 years 7 months 24 days
Additional disclosures
Aggregate intrinsic value of outstanding stock options	$ 2,357	$ 1,780	$ 1,971
Aggregate intrinsic value of exercisable stock options	2,217	1,311	1,462
Unrecognized compensation expense (in dollars)	$ 28	$ 92	$ 51
Requisite service period to recognize compensation cost	1 year 7 months 10 days

Stock and Incentive Plans - 261

Stock and Incentive Plans - 2010 Plan - Restricted Stock Units (Details) - Restricted stock units - 2010 Stock Option and Equity Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Activity in shares
Nonvested at the beginning of the period (in shares)	39,750	62,250
Granted during the period (in shares)	0	0
Vested during the period (in shares)	(12,000)	(20,000)
Forfeited during the period (in shares)	0	(1,000)
Nonvested at the end of the period (in shares)	27,750	41,250
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 11.34	$ 10.86
Granted during the period (in dollars per share)	0	0
Vested during the period (in dollars per share)	10	10
Forfeited during the period (in dollars per share)	0	10
Nonvested at the end of the period (in dollars per share)	$ 11.92	$ 11.30
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 111	$ 194	$ 174
Requisite service period to recognize compensation cost	1 year 5 months 9 days

Stock and Incentive Plans - Omn

Stock and Incentive Plans - Omnibus Plan (Details) - Omnibus Plan - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Stock and Incentive Plans
Number of shares authorized	1,000,000
Non-performance based restricted stock units
Stock and Incentive Plans
Number of shares awarded	25,060	8,000
Non-performance based restricted stock units | Equal annual installments, tranche one
Stock and Incentive Plans
Vesting period	3 years
Non-performance based restricted stock units | No market condition | Minimum
Stock and Incentive Plans
Vesting period	1 year
Non-performance based restricted stock units | No market condition | Maximum
Stock and Incentive Plans
Vesting period	5 years
Market condition restricted stock units
Stock and Incentive Plans
Number of shares awarded		25,474
Stock option
Stock and Incentive Plans
Number of shares awarded under stock options	76,286	52,080
Stock based compensation expense	$ 159	$ 55
Performance based restricted stock units
Stock and Incentive Plans
Number of shares awarded	34,190	25,474
Performance based restricted stock units | Market condition based on the Company's total shareholder return relative to a market index
Stock and Incentive Plans
Vesting period	3 years
Restricted stock units
Stock and Incentive Plans
Stock based compensation expense	$ 302	$ 226

Stock and Incentive Plans - O63

Stock and Incentive Plans - Omnibus Plan Black Scholes Assumptions - (Details) - Omnibus Plan	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Dividend yield (as a percent)	0.00%	0.00%
Expected volatility, minimum (as a percent)	33.37%	37.00%
Expected volatility, maximum (as a percent)	37.55%	37.55%
Risk-free interest rate, minimum (as a percent)	1.06%	1.76%
Risk-free interest rate, maximum (as a percent)	2.01%	1.81%
Minimum
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Expected life	5 years	6 years
Maximum
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Expected life	6 years 6 months	6 years 6 months

Stock and Incentive Plans - O64

Stock and Incentive Plans - Omnibus Plan - Options (Details) - Omnibus Plan - Nonperformance-based stock options - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Shares Underlying Options
Outstanding at beginning of period (in shares)	52,080	0	0
Granted during the period (in shares)	76,286	52,080
Forfeited during the period (in shares)	0	0
Canceled during the period (in shares)	0	0
Exercised during the period (in shares)	0	0
Outstanding at the end of period (in shares)	128,366	52,080	52,080
Options exercisable at end of period (in shares)	16,293.32	0
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 14.35	$ 0	$ 0
Granted during the period (in dollars per share)	15.98	14.35
Forfeited during the period (in dollars per share)	0	0
Cancelled during the period (in dollars per share)	0	0
Exercised during the period (in dollars per share)	0	0
Outstanding at the end of period (in dollars per share)	15.32	14.35	$ 14.35
Options exercisable at end of period (in dollars per share)	14.28	0
Weighted average fair value of options granted during the period (in dollars per share)	$ 5.69	$ 5.57
Weighted Average Contractual Term
Outstanding at beginning of period	8 years 11 months 9 days	9 years 4 months 13 days	9 years 1 month 13 days
Outstanding at the end of period	8 years 11 months 9 days	9 years 4 months 13 days	9 years 1 month 13 days
Options exercisable at end of period	8 years 3 months 29 days
Additional disclosures
Aggregate intrinsic value of outstanding stock options	$ 266,000	$ 66,000	$ 97,000
Aggregate intrinsic value of exercisable stock options	$ 51,000	$ 0	$ 0

Stock and Incentive Plans - O65

Stock and Incentive Plans - Omnibus Plan - Restricted Stock Units (Details) - Omnibus Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Non-performance based restricted stock units
Activity in shares
Nonvested at the beginning of the period (in shares)	70,919	82,903
Granted during the period (in shares)	25,060	8,000
Vested during the period (in shares)	(9,716)	(784)
Forfeited during the period (in shares)	0	(3,533)
Nonvested at the end of the period (in shares)	86,263	86,586
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 13.29	$ 13
Granted during the period (in dollars per share)	15.83	15.58
Vested during the period (in dollars per share)	16.04	13
Forfeited during the period (in dollars per share)	0	13
Nonvested at the end of the period (in dollars per share)	$ 13.72	$ 13.24
Performance Based Restricted Stock Units
Activity in shares
Nonvested at the beginning of the period (in shares)	25,474	0
Granted during the period (in shares)	34,190	25,474
Vested during the period (in shares)	(8,467)	0
Forfeited during the period (in shares)	0	0
Nonvested at the end of the period (in shares)	51,197	25,474
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 9.45	$ 0
Granted during the period (in dollars per share)	9.52	9.45
Vested during the period (in dollars per share)	14.17	0
Forfeited during the period (in dollars per share)	0	0
Nonvested at the end of the period (in dollars per share)	$ 8.72	$ 9.45
Stock option
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 478	$ 208	$ 187
Requisite service period to recognize compensation cost	2 years 6 months
Restricted stock units
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 1,373	$ 1,060	$ 979
Requisite service period to recognize compensation cost	2 years 8 months 12 days

Preferred Stock (Details)

Preferred Stock (Details) - SBLF Preferred Stock $ / shares in Units, $ in Thousands	Dec. 22, 2015USD ($)$ / sharesshares	Aug. 25, 2011USD ($)quartershares
Preferred Stock
Number of quarters during which dividend rate fluctuates | quarter		10
Redemption price as a percentage of liquidation amount plus accrued but unpaid dividends	100.00%
Liquidation amount (in dollars per share) | $ / shares	$ 1,000
Shares redeemed | shares	8,000
Payments for redemption of preferred stock | $	$ 8,018
SBLF Purchase Agreement | Initial dividend period
Preferred Stock
Dividend rate (as a percent)		1.00%
SBLF Purchase Agreement | Dividend period for tenth calendar quarter through four and one half years after issuance
Preferred Stock
Dividend rate (as a percent)	1.00%
Dividend period used in setting dividend rate		4 years 6 months
SBLF Purchase Agreement | Secretary of the Treasury
Preferred Stock
Shares issued pursuant to SBLF program | shares		8,000
Shares issued pursuant to SBLF program, value | $		$ 8,000

Capital Requirements and Rest67

Capital Requirements and Restrictions on Retained Earnings (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jan. 31, 2016	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2016	Dec. 31, 2015
Capital Requirements and Restrictions on Retained Earnings
Capital conservation buffer		0.625%
Total capital (to risk weighted assets)
Actual Amount						$ 130,104	$ 119,208
Actual Ratio (as a percent)						13.38%	14.25%
For Capital Adequacy Purposes Amount						$ 77,790	$ 66,924
For Capital Adequacy Purposes Ratio (as a percent)						8.00%	8.00%
Tier 1 capital (to risk weighted assets)
Actual Amount						$ 117,018	$ 107,453
Actual Ratio (as a percent)						12.04%	12.85%
For Capital Adequacy Purposes Amount						$ 58,315	$ 50,173
For Capital Adequacy Purposes Ratio (as a percent)						6.00%	6.00%
Common equity tier 1 to risk weighted assets
Actual Amount						$ 113,925	$ 104,360
Actual Ratio (as a percent)						11.72%	12.48%
For Capital Adequacy Purposes Amount						$ 43,743	$ 37,630
For Capital Adequacy Purposes Amount (as a percent)						4.50%	4.50%
Tier 1 capital (to average assets)
Actual Amount						$ 117,018	$ 107,453
Actual Ratio (as a percent)						9.82%	10.75%
For Capital Adequacy Purposes Amount						$ 47,665	$ 39,983
For Capital Adequacy Purposes Ratio (as a percent)						4.00%	4.00%
Scenario, Forecast [Member]
Capital Requirements and Restrictions on Retained Earnings
Capital conservation buffer yearly increase			0.625%	0.625%	0.625%
Capital conservation buffer desired rate	2.50%
Bank
Total capital (to risk weighted assets)
Actual Amount						$ 126,019	$ 104,427
Actual Ratio (as a percent)						12.97%	12.49%
For Capital Adequacy Purposes Amount						$ 77,730	$ 66,887
For Capital Adequacy Purposes Ratio (as a percent)						8.00%	8.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount						$ 97,162	$ 83,608
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)						10.00%	10.00%
Tier 1 capital (to risk weighted assets)
Actual Amount						$ 117,917	$ 97,655
Actual Ratio (as a percent)						12.14%	11.68%
For Capital Adequacy Purposes Amount						$ 58,279	$ 50,165
For Capital Adequacy Purposes Ratio (as a percent)						6.00%	6.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount						$ 77,705	$ 66,887
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)						8.00%	8.00%
Common equity tier 1 to risk weighted assets
Actual Amount						$ 117,917	$ 97,655
Actual Ratio (as a percent)						12.14%	11.68%
For Capital Adequacy Purposes Amount						$ 43,709	$ 37,624
For Capital Adequacy Purposes Amount (as a percent)						4.50%	4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount						$ 63,135	$ 54,346
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)						6.50%	6.50%
Tier 1 capital (to average assets)
Actual Amount						$ 117,917	$ 97,655
Actual Ratio (as a percent)						9.90%	9.78%
For Capital Adequacy Purposes Amount						$ 47,643	$ 39,941
For Capital Adequacy Purposes Ratio (as a percent)						4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount						$ 59,554	$ 49,926
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)						5.00%	5.00%