Veritex (VBTX) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Nov. 04, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-36682
Entity Registrant Name	VERITEX HOLDINGS, INC.
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	27-0973566
Entity Address, Address Line One	8214 Westchester Drive, Suite 800
Entity Address, City or Town	Dallas,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75225
City Area Code	(972)
Local Phone Number	349-6200
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	VBTX
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		49,296,416
Entity Central Index Key	0001501570
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 43,126,000	$ 44,337,000
Interest bearing deposits in other banks	186,586,000	186,488,000
Total cash and cash equivalents	229,712,000	230,825,000
Debt securities available-for-sale, at fair value	1,048,488,000	1,024,329,000
Debt securities held-to-maturity (fair value of $57,470 and $34,283 at September 30, 2021 and December 31, 2020, respectively)	55,257,000	30,872,000
Equity securities	15,273,000	14,938,000
Securities purchased under agreements to resell	103,692,000	0
Investment in unconsolidated subsidiaries	1,018,000	1,018,000
Federal Home Loan Bank of Dallas (“FHLB”) Stock and Federal Reserve Bank (“FRB”) Stock	71,803,000	71,236,000
Total investments	1,295,531,000	1,142,393,000
Loans held for sale	18,896,000	21,414,000
Loans held for investment, Paycheck Protection Program (“PPP”) loans, carried at fair value	135,842,000	358,042,000
Loans held for investment, mortgage warehouse (“MW”)	615,045,000	577,594,000
Loans held for investment, excluding MW and PPP	6,615,905,000	5,847,862,000
Less: Allowance for credit losses (“ACL”)	(93,771,000)	(105,084,000)
Total loans held for investment, net	7,273,021,000	6,678,414,000
Bank-owned life insurance (“BOLI”)	83,781,000	82,855,000
Bank premises, furniture and equipment, net	116,063,000	115,063,000
Other real estate owned	0	2,337,000
Intangible assets, net of accumulated amortization	54,682,000	61,733,000
Goodwill	370,840,000	370,840,000
Other assets	129,774,000	114,997,000
Total assets	9,572,300,000	8,820,871,000
Deposits:
Noninterest-bearing deposits	2,302,925,000	2,097,099,000
Interest-bearing transaction and savings deposits	3,228,306,000	2,958,456,000
Certificates and other time deposits	1,647,521,000	1,457,291,000
Total deposits	7,178,752,000	6,512,846,000
Accounts payable and other liabilities	66,571,000	61,928,000
Advances from FHLB	777,601,000	777,718,000
Subordinated debentures and subordinated notes	262,761,000	262,778,000
Securities sold under agreements to repurchase	2,455,000	2,225,000
Total liabilities	8,288,140,000	7,617,495,000
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.01 par value; 75,000,000 shares authorized; 55,867,122 and 55,500,118 shares issued at September 30, 2021 and December 31, 2020, respectively; 49,229,028 and 49,337,768 shares outstanding at September 30, 2021 and December 31, 2020, respectively	559,000	555,000
Additional paid-in capital	1,137,889,000	1,126,437,000
Retained earnings	243,633,000	172,232,000
Accumulated other comprehensive income	69,661,000	56,225,000
Treasury stock, 6,638,094 and 6,162,350 shares at cost at September 30, 2021 and December 31, 2020, respectively	(167,582,000)	(152,073,000)
Total stockholders’ equity	1,284,160,000	1,203,376,000
Total liabilities and stockholders’ equity	$ 9,572,300,000	$ 8,820,871,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Held-to-maturity debt securities, fair value	$ 57,470	$ 34,283
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	55,867,122	55,500,118
Common stock, shares outstanding (in shares)	49,229,028	49,337,768
Treasury stock, shares (in shares)	6,638,094	6,162,350

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest and dividend income:
Loans, including fees	$ 71,139	$ 68,685	$ 206,352	$ 216,986
Debt securities	7,613	7,852	22,579	23,074
Deposits in financial institutions and Fed Funds sold	130	65	424	1,122
Equity securities and other investments	898	827	2,233	2,568
Total interest and dividend income	79,780	77,429	231,588	243,750
Interest expense:
Transaction and savings deposits	1,588	2,105	5,229	11,128
Certificates and other time deposits	1,934	5,004	7,418	19,759
Advances from FHLB	1,848	2,707	5,489	8,387
Subordinated debentures and subordinated notes	3,134	1,743	9,410	5,444
Total interest expense	8,504	11,559	27,546	44,718
Net interest income	71,276	65,870	204,042	199,032
Provision for credit losses	0	8,692	0	56,640
(Benefit) provision for credit losses on unfunded commitments	(448)	1,447	(441)	8,127
Net interest income after provision for credit losses	71,724	55,731	204,483	134,265
Noninterest income:
Service charges and fees on deposit accounts	4,484	3,130	11,960	9,732
Loan fees	1,746	1,787	4,910	5,027
(Loss) gain on sales of securities	(188)	(8)	(188)	2,871
Gain on sale of mortgage loans held for sale	407	472	1,299	922
Government guaranteed loan income, net	2,341	2,257	12,337	13,702
Equity method investment income	4,522	0	4,522	0
Other	2,315	2,157	7,415	6,078
Total noninterest income	15,627	9,795	42,255	38,332
Noninterest expense:
Salaries and employee benefits	22,964	20,553	69,347	59,442
Occupancy and equipment	4,536	3,980	12,865	12,247
Professional and regulatory fees	3,401	3,159	9,928	8,151
Data processing and software expense	2,494	2,452	7,349	6,975
Marketing	1,151	1,062	3,901	2,706
Amortization of intangibles	2,509	2,840	7,563	8,232
Telephone and communications	380	345	1,054	972
COVID expenses	0	132	0	1,377
Other	3,886	1,885	10,628	11,912
Total noninterest expense	41,321	36,408	122,635	112,014
Income before income tax expense	46,030	29,118	124,103	60,583
Income tax expense	9,195	6,198	26,025	9,501
Net income	$ 36,835	$ 22,920	$ 98,078	$ 51,082
Basic earnings per share (in dollars per share)	$ 0.75	$ 0.46	$ 1.98	$ 1.02
Diluted earnings per share (in dollars per share)	$ 0.73	$ 0.46	$ 1.95	$ 1.02

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 36,835	$ 22,920	$ 98,078	$ 51,082
Net unrealized (losses) gains on securities available-for-sale:
Change in net unrealized (losses) gains on securities available-for-sale during the period, net	(6,886)	2,400	(16,020)	35,660
Reclassification adjustment for net losses (gains) included in net income	188	0	188	(2,879)
Net unrealized (losses) gains on securities available-for-sale	(6,698)	2,400	(15,832)	32,781
Net unrealized (losses) gains on derivative instruments designated as cash flow hedges	(2,831)	4,105	32,841	3,170
Other comprehensive (loss) income, before tax	(9,529)	6,505	17,009	35,951
Income tax (benefit) expense	(2,001)	1,364	3,573	7,857
Other comprehensive (loss) income, net of tax	(7,528)	5,141	13,436	28,094
Comprehensive income	$ 29,307	$ 28,061	$ 111,514	$ 79,176

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Cumulative Effect, Period Of Adoption, Adjustment	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Retained EarningsCumulative Effect, Period Of Adoption, Adjustment	Accumulated Other Comprehensive Income
Beginning balance (in shares) at Dec. 31, 2019			51,063,869	3,812,711
Beginning balance at Dec. 31, 2019	$ 1,190,797	$ (15,505)	$ 549	$ (94,603)	$ 1,117,879	$ 147,911	$ (15,505)	$ 19,061
Increase (Decrease) in Stockholders' Equity
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings (in shares)			100,864
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings	(664)		$ 1		(665)
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price (in shares)			477,516
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price	949		$ 5		944
Stock warrants exercised (in shares)			10,000
Stock warrants exercised	109				109
Stock buyback (in shares)			(2,002,211)	(2,002,211)
Stock buyback	(49,557)			$ (49,557)
Stock based compensation	5,881				5,881
Net income	51,082					51,082
Dividends paid	(25,849)					(25,849)
Other comprehensive (loss) income	28,094							28,094
Ending balance (in shares) at Sep. 30, 2020			49,650,038	5,814,922
Ending balance at Sep. 30, 2020	1,185,337		$ 555	$ (144,160)	1,124,148	157,639		47,155
Beginning balance (in shares) at Jun. 30, 2020			49,632,747	5,814,922
Beginning balance at Jun. 30, 2020	1,163,749		$ 555	$ (144,160)	1,122,063	143,277		42,014
Increase (Decrease) in Stockholders' Equity
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings (in shares)			14,585
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings	(21)				(21)
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price (in shares)			2,706
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price	28				28
Stock based compensation	2,078				2,078
Net income	22,920					22,920
Dividends paid	(8,558)					(8,558)
Other comprehensive (loss) income	5,141							5,141
Ending balance (in shares) at Sep. 30, 2020			49,650,038	5,814,922
Ending balance at Sep. 30, 2020	$ 1,185,337		$ 555	$ (144,160)	1,124,148	157,639		47,155
Beginning balance (in shares) at Dec. 31, 2020	49,337,768		49,337,768	6,162,350
Beginning balance at Dec. 31, 2020	$ 1,203,376		$ 555	$ (152,073)	1,126,437	172,232		56,225
Increase (Decrease) in Stockholders' Equity
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings (in shares)			101,410
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings	(646)		$ 2		(648)
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price (in shares)			250,594
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price	4,101		$ 2		4,099
Stock warrants exercised (in shares)			15,000
Stock warrants exercised	165				165
Stock buyback (in shares)			(475,744)	(475,744)
Stock buyback	(15,509)			$ (15,509)
Stock based compensation	7,836				7,836
Net income	98,078					98,078
Dividends paid	(26,677)					(26,677)
Other comprehensive (loss) income	$ 13,436							13,436
Ending balance (in shares) at Sep. 30, 2021	49,229,028		49,229,028	6,638,094
Ending balance at Sep. 30, 2021	$ 1,284,160		$ 559	$ (167,582)	1,137,889	243,633		69,661
Beginning balance (in shares) at Jun. 30, 2021			49,498,295	6,309,972
Beginning balance at Jun. 30, 2021	1,272,907		$ 558	$ (156,147)	1,134,603	216,704		77,189
Increase (Decrease) in Stockholders' Equity
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings (in shares)			22,354
Restricted stock units ("RSUs") vested, net of shares withheld to cover tax withholdings	(97)				(97)
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price (in shares)			21,501
Exercise of employee stock options, net of shares withheld to cover tax withholdings and exercise price	553		$ 1		552
Stock warrants exercised (in shares)			15,000
Stock warrants exercised	165				165
Stock buyback (in shares)			(328,122)	(328,122)
Stock buyback	(11,435)			$ (11,435)
Stock based compensation	2,666				2,666
Net income	36,835					36,835
Dividends paid	(9,906)					(9,906)
Other comprehensive (loss) income	$ (7,528)							(7,528)
Ending balance (in shares) at Sep. 30, 2021	49,229,028		49,229,028	6,638,094
Ending balance at Sep. 30, 2021	$ 1,284,160		$ 559	$ (167,582)	$ 1,137,889	$ 243,633		$ 69,661

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Stock warrants exercised	$ 165		$ 165	$ 109
Restricted Stock Units
Shares withheld to cover tax withholdings (in shares)	2,755	1,224	21,744	22,404
Employee Stock Options
Shares withheld to cover tax withholdings (in shares)	0	0	37,668	98,836
Shares withheld to cover exercise price (in shares)	0	0	7,305	139,715

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income	$ 98,078	$ 51,082
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of fixed assets and intangibles	11,976	11,910
Net accretion of time deposit premium, debt discount and debt issuance costs	(140)	(1,208)
(Benefit) provision for credit losses	(441)	64,767
Accretion of loan discount	(5,351)	(11,407)
Stock-based compensation expense	7,836	5,881
Excess tax benefit from stock compensation	(322)	(1,391)
Net amortization of premiums on debt securities	2,264	2,483
Unrealized loss (gain) on equity securities recognized in earnings	220	(512)
Change in cash surrender value and mortality rates of BOLI	(926)	(1,451)
Net loss (gain) on sales of debt securities	188	(2,871)
Change in fair value of government guaranteed loans using fair value option	(1,828)	2,351
Gain on sales of mortgage loans held for sale	(1,299)	(923)
Gain on sales of government guaranteed loans	(2,812)	(3,242)
Originations of loans held for sale	(76,148)	(97,490)
Proceeds from sales of loans held for sale	83,488	101,494
Loss on sale of other real estate owned	219	83
Equity method investment income	(4,522)	0
Loss (gain) on sale of bank premises, furniture and equipment	6	(358)
Writedown of other real estate owned	197	0
Termination of derivatives designated as hedging instruments	43,900	0
Decrease (increase) in other assets	23,574	(35,012)
Increase in accounts payable and other liabilities	11,890	9,700
Net cash provided by operating activities	190,047	93,886
Cash flows from investing activities:
Purchases of available for sale debt securities	(183,377)	(491,724)
Proceeds from sales of available for sale debt securities	13,300	90,897
Proceeds from maturities, calls and pay downs of available for sale debt securities	127,883	338,146
Purchases of held to maturity debt securities	(27,131)	0
Maturity, calls and paydowns of held to maturity debt securities	2,496	1,748
Purchases of other investments	(1,122)	(13,477)
Purchases of equity method investments	(54,914)	0
Purchases of securities under agreements to resell	(103,692)	0
Proceeds from sales of equity securities	0	21
Net loans originated	(592,682)	(842,847)
Proceeds from sale of government guaranteed loans	2,812	43,404
Net additions to bank premises, furniture and equipment	(12,067)	(2,433)
Proceeds from sales of bank premises, furniture and equipment	7,533	2,157
Proceeds from sales of other real estate owned	2,225	3,890
Net cash used in investing activities	(818,736)	(870,218)
Cash flows from financing activities:
Net increase in deposits	666,029	329,000
Net (decrease) increase in advances from FHLB	(117)	404,886
Redemption of subordinated debt	0	(5,000)
Net change in securities sold under agreement to repurchase	230	(325)
Payments to tax authorities for stock-based compensation	(646)	(3,783)
Proceeds from exercise of employee stock options	4,101	4,068
Proceeds from exercise of stock warrants	165	109
Purchase of treasury stock	(15,509)	(49,557)
Dividends paid	(26,677)	(25,849)
Net cash provided by financing activities	627,576	653,549
Net increase in cash and cash equivalents	(1,113)	(122,783)
Cash and cash equivalents at beginning of period	230,825	251,550
Cash and cash equivalents at end of period	$ 229,712	$ 128,767

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Organization In this report, the words “Veritex,” “the Company,” “we,” “us,” and “our” refer to the combined entities of Veritex Holdings, Inc. and its subsidiaries, including Veritex Community Bank. The word “Holdco” refers to Veritex Holdings, Inc. The word “Bank” refers to Veritex Community Bank. Veritex is a Texas state banking organization, with corporate offices in Dallas, Texas, and currently operates 20 branches and one mortgage office located in the Dallas-Fort Worth metroplex and 10 branches in the Houston metropolitan area. The Bank provides a full range of banking services, including commercial and retail lending and the acceptance of checking and savings deposits, to individual and corporate customers. The Texas Department of Banking (the “TDB”) and the Board of Governors of the Federal Reserve System (the “Federal Reserve”) are the primary regulators of the Company and the Bank, and both regulatory agencies perform periodic examinations to ensure regulatory compliance. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Veritex Holdings, Inc. and its subsidiaries, including Veritex Community Bank. 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. Intercompany transactions and balances are eliminated in consolidation. In management’s opinion, these unaudited condensed consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair statement of the Company’s condensed consolidated balance sheets at September 30, 2021 and December 31, 2020, condensed consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2021 and 2020, condensed consolidated statements of changes in stockholders’ equity for the three and nine months ended September 30, 2021 and 2020 and condensed consolidated statements of cash flows for the nine months ended September 30, 2021 and 2020. Accounting measurements at interim dates inherently involve greater reliance on estimates than at year end and the results for the interim periods shown herein 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 unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information and the instructions to Quarterly Reports on Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). These 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, 2020 included in the Company’s Annual Report on Form 10-K, as filed with the SEC on February 26, 2021. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated 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 and assessed based on how each activity 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 an analysis of the Bank as one segment or unit. The Company’s chief operating decision-maker, the Chief Executive Officer, uses the consolidated results to make operating and strategic decisions. Reclassifications Certain items in the Company’s prior year financial statements were reclassified to conform to the current presentation including the reclassification on the condensed consolidated statements of income from rental income to other income of $502 and $1,600 during the three and nine months ended September 30, 2020, respectively. Earnings Per Share (“EPS”) 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, 2021 and 2020: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Earnings (numerator) Net income $ 36,835 $ 22,920 $ 98,078 $ 51,082 Shares (denominator) Weighted average shares outstanding for basic EPS 49,423 49,647 49,431 49,989 Dilutive effect of employee stock-based awards 883 128 799 188 Adjusted weighted average shares outstanding 50,306 49,775 50,230 50,177 EPS: Basic $ 0.75 $ 0.46 $ 1.98 $ 1.02 Diluted $ 0.73 $ 0.46 $ 1.95 $ 1.02 There were no antidilutive shares excluded from the diluted EPS weighted average shares outstanding for the three months ended September 30, 2021. For the nine months ended September 30, 2021, there were 16 antidilutive shares excluded from the diluted EPS weighted average shares outstanding related to RSUs. For the three months ended September 30, 2020, there were 1,360 antidilutive shares excluded from the diluted weighted average shares outstanding, 193 relating to RSUs and 1,167 relating to stock options. For the nine months ended September 30, 2020, there were 1,525 antidilutive shares excluded from the diluted EPS weighted average shares outstanding, 359 relating to RSUs and 1,166 relating to stock options. Equity Method Investments The Company applies the equity method of accounting to investments when the Company has significant influence, but not a controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s equity method investments are reported at cost and include direct transaction costs to make the investment. Equity method investments are subsequently adjusted each period for the Company’s proportionate share of the investee’s income or loss, which includes an elimination by the Company of any intra-entity profits and losses In addition, the Company’s subsequent proportionate share of other comprehensive income or loss is reported in the Company’s condensed consolidated statements of comprehensive income with a corresponding adjustment to the equity method investment. Any dividends received on the investment are recognized as a reduction to the carrying amount of the investment. The difference between the cost of an investment and the amount of underlying equity in net assets of the investee represents an equity method basis difference, which shall be accounted for as if the investee were consolidated. The Company accounts for the equity method basis difference as equity method goodwill. The Company assesses equity method investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. On July 16, 2021, the Bank acquired a 49% interest in Thrive Mortgage, LLC (“Thrive”) for $54,914 in cash and obtained the right to designate a member to Thrive’s board of directors. As a result of the investment, the Company has a $35,816 basis difference which is being accounted for as equity method goodwill. The Company had $59,436 in equity method investments as of September 30, 2021 reported in “other assets” in the condensed consolidated balance sheets. The Company’s proportionate share of the income (loss) resulting from these investments for the three and nine months ended September 30, 2021 was $4,522 and is reported under the line item captioned “equity method investment income (loss)” in the Company’s condensed consolidated statements of income. Recent Accounting Pronouncements ASU 2019-12, "Income Taxes (Topic 740)" ("ASU 2019-12") simplifies the accounting for income taxes by removing certain exceptions and improves the consistent application of GAAP by clarifying and amending other existing guidance. ASU 2019-12 was effective for us on January 1, 2021 and did not have a significant impact on our consolidated financial statements and related disclosures. ASU 2020-04, "Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting" ("ASU 2020-04") amendments provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference the London Interbank Offered Rate ("LIBOR") or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective upon issuance and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. The adoption of ASU 2020-04 did not significantly impact our consolidated financial statements and related disclosures. ASU 2020-08, “Codification Improvements to Subtopic 310-20, Receivables - Nonrefundable Fees and Other Costs” ("ASU 2020-08") clarifies the accounting for the amortization of purchase premiums for callable debt securities with multiple call dates. ASU 2020-08 was effective for us on January 1, 2021 and did not have a significant impact on our consolidated financial statements and related disclosures.

Supplemental Statement of Cash

Supplemental Statement of Cash Flows	9 Months Ended
	Sep. 30, 2021
Supplemental Cash Flow Elements [Abstract]
Supplemental Statement of Cash Flows	Supplemental Statement of Cash Flows Other supplemental cash flow information is presented below: Nine Months Ended September 30, 2021 2020 (in thousands) Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 25,784 $ 45,720 Cash paid for income taxes 8,215 32,590 Supplemental Disclosures of Non-Cash Flow Information: Setup of ROU asset and lease liability $ 4,552 $ — Net foreclosure of other real estate owned and repossessed assets 334 4,100 Transfer of other real estate owned to other assets for losses incurred upon sale and expected to be collected from the SBA — 327

Share Transactions

Share Transactions	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Share Transactions	Share Transactions On January 28, 2019, the Company's Board of Directors (the “Board”) originally authorized a stock buyback program (the "Stock Buyback Program") pursuant to which the Company could, from time to time, purchase up to $50,000 of its outstanding common stock in the aggregate. The Board authorized increases of $50,000 on September 3, 2019, $75,000 on December 12, 2019, and $75,000 on September 14, 2021 resulting in an aggregate authorization to purchase up to $250,000 under the Stock Buyback Program. The Board also authorized an extension of the original expiration date of the Stock Buyback Program from December 31, 2021 to December 31, 2022. The shares may be repurchased in the open market or in privately negotiated transactions from time to time, depending upon market conditions and other factors, and in accordance with applicable regulations of the SEC. The Stock Buyback Program does not obligate the Company to purchase any share and the program may be terminated or amended by the Board at any time prior to its expiration. Share repurchases during the periods indicated are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Number of shares repurchased 328,122 — 475,744 2,002,211 Weighted average price per share $ 34.85 $ — $ 32.36 $ 24.78

Securities

Securities	9 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Securities	Securities Equity Securities With a Readily Determinable Fair Value The Company held equity securities with a fair value of $11,143 and $11,363 at September 30, 2021 and December 31, 2020, respectively. The Company did not realize a gain or loss on equity securities with a readily determinable fair value during the three and nine months ended September 30, 2021. The Company realized a loss of $8 on equity securities with a readily determinable fair value during the same period in 2020. The gross unrealized (loss) gain recognized on equity securities with readily determinable fair values recorded in other noninterest income in the Company’s condensed consolidated statements of income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Unrealized (loss) gain recognized on equity securities with a readily determinable fair value $ (84) $ 299 $ (220) $ 512 Equity Securities Without a Readily Determinable Fair Value The Company held equity securities without a readily determinable fair values and measured at cost of $4,130 and $3,575 as of September 30, 2021 and December 31, 2020, respectively. Securities purchased under agreements to resell The Company held securities purchased under agreements to resell of $103,692 as of September 30, 2021. The Company recognized interest income of $227 recorded in equity securities and other investments in the Company’s condensed consolidated statements of income during the three and nine months ended September 30, 2021. The Company had no securities purchased under agreements to resell as of or during the year ended December 31, 2020. Securities purchased under agreements to resell typically mature 30 days from the settlement date, qualify as a secured borrowing and are measured at amortized cost. Debt Securities Debt securities have been classified in the condensed consolidated balance sheets according to management’s intent. The amortized cost, related gross unrealized gains and losses, allowance for credit losses (“ACL”) and the fair value of available for sale and held to maturity securities are as follows: September 30, 2021 Amortized Gross Gross ACL Fair Value Available for sale Corporate bonds $ 195,494 $ 10,723 $ 97 $ — $ 206,120 Municipal securities 116,495 7,627 271 — 123,851 Mortgage-backed securities 134,160 5,379 1,497 — 138,042 Collateralized mortgage obligations 457,209 17,523 1,857 — 472,875 Asset-backed securities 55,816 2,015 320 — 57,511 Collateralized loan obligations 50,135 7 53 — 50,089 $ 1,009,309 $ 43,274 $ 4,095 $ — $ 1,048,488 September 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses ACL Fair Value Held to maturity Mortgage-backed securities $ 21,483 $ 72 $ 336 $ — $ 21,219 Collateralized mortgage obligations 5,512 626 — — 6,138 Municipal securities 28,262 1,949 98 — 30,113 $ 55,257 $ 2,647 $ 434 $ — $ 57,470 The Company did not transfer any debt securities from available for sale to held to maturity at fair value during the three and nine months ended September 30, 2021. December 31, 2020 Amortized Gross Gross ACL Fair Value Available for sale Corporate bonds $ 173,050 $ 6,417 $ 1,297 $ — $ 178,170 Municipal securities 115,533 10,129 6 — 125,656 Mortgage-backed securities 240,320 16,047 42 — 256,325 Collateralized mortgage obligations 388,080 20,895 66 — 408,909 Asset-backed securities 52,335 2,934 — — 55,269 $ 969,318 $ 56,422 $ 1,411 $ — $ 1,024,329 December 31, 2020 Amortized Gross Gross ACL Fair Value Held to maturity Mortgage-backed securities $ 6,982 $ 849 $ — $ — $ 7,831 Collateralized mortgage obligations 1,620 103 — — 1,723 Municipal securities 22,270 2,459 — — 24,729 $ 30,872 $ 3,411 $ — $ — $ 34,283 The following tables disclose the Company’s available for sale debt securities in an unrealized loss position for which an ACL has not been recorded, aggregated by investment category and length of time that individual securities have been in a continuous loss position: September 30, 2021 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Available for sale Corporate bonds $ 7,153 $ 97 $ — $ — $ 7,153 $ 97 Municipal securities 15,165 262 2,225 9 17,390 271 Mortgage-backed securities 46,939 1,497 46,939 1,497 Collateralized mortgage obligations 91,055 1,857 — — 91,055 1,857 Asset-backed securities 11,560 320 — — 11,560 320 Collateralized loan obligations 32,714 53 — — 32,714 53 $ 204,586 $ 4,086 $ 2,225 $ 9 $ 206,811 $ 4,095 Held to maturity Mortgage-backed securities $ 19,743 $ 336 $ — $ — $ 19,743 $ 336 Municipal securities 6,794 98 — — 6,794 98 $ 26,537 $ 434 $ — $ — $ 26,537 $ 434 December 31, 2020 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss Available for sale Municipal securities $ 2,667 $ 6 $ — $ — $ 2,667 $ 6 Corporate bonds 31,953 1,297 — — 31,953 1,297 Mortgage-backed securities 34,402 108 — — 34,402 108 $ 69,022 $ 1,411 $ — $ — $ 69,022 $ 1,411 Management evaluates available for sale debt securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or noncredit-related factors. Consideration is given to (1) the extent to which the fair value is less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. The number of available for sale debt securities in an unrealized loss position totaled 28 and 11 at September 30, 2021 and December 31, 2020, respectively. Management does not have the intent to sell any of these debt securities and believes that it is more likely than not that the Company will not have to sell any such debt securities before a recovery of cost. The fair value is expected to recover as the debt securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of September 30, 2021, management believes that the unrealized losses detailed in the previous tables are due to noncredit-related factors, including changes in interest rates and other market conditions, and therefore no losses have been recognized in the Company’s condensed consolidated statements of income. 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 prepayment penalties. Mortgage-backed securities, collateralized mortgage obligations, asset-backed securities and collateralized loan obligations 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 terms of mortgage-backed securities, collateralized mortgage obligations, asset-backed securities and collateralized loan obligations thus approximates the terms 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, 2021 Available for Sale Held to Maturity Amortized Fair Amortized Fair Due from one year to five years $ 5,193 $ 5,273 $ — $ — Due from five years to ten years 175,310 184,513 3,860 4,141 Due after ten years 131,486 140,185 24,402 25,972 311,989 329,971 28,262 30,113 Mortgage-backed securities and collateralized mortgage obligations 591,369 610,917 26,995 27,357 Asset-backed securities 55,816 57,511 — — Collateralized loan obligations 50,135 50,089 — — $ 1,009,309 $ 1,048,488 $ 55,257 $ 57,470 December 31, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Due from one year to five years $ 4,935 $ 5,139 $ — $ — Due from five years to ten years 154,576 158,510 3,334 3,591 Due after ten years 129,072 140,177 18,936 21,138 288,583 303,826 22,270 24,729 Mortgage-backed securities and collateralized mortgage obligations 628,400 665,234 8,602 9,554 Asset-backed securities 52,335 55,269 — — $ 969,318 $ 1,024,329 $ 30,872 $ 34,283 Proceeds from sales of debt securities available for sale and gross gains and losses for the nine months ended September 30, 2021 and 2020 were as follows: Nine Months Ended September 30, 2021 2020 Proceeds for sales $ 13,300 $ 90,897 Gross realized gains — 2,879 Gross realized losses 188 — As of September 30, 2021 and December 31, 2020, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of stockholders’ equity. There was a blanket floating lien on all debt securities held by the Company to secure FHLB advances as of September 30, 2021 and December 31, 2020.

Loans Held for Investment and A

Loans Held for Investment and ACL	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Loans Held for Investment and ACL	Loans Held for Investment and ACL Loans held for investment in the accompanying condensed consolidated balance sheets are summarized as follows: September 30, 2021 December 31, 2020 Loans held for investment, carried at amortized cost: Real estate: Construction and land $ 936,174 $ 693,030 Farmland 73,550 13,844 1 - 4 family residential 543,518 524,344 Multi-family residential 356,885 424,962 Owner occupied commercial (“OOCRE”) 711,476 717,472 Non-owner occupied commercial (“NOOCRE”) 2,194,438 1,904,132 Commercial 1,793,740 1,559,546 MW 615,045 577,594 Consumer 14,266 13,000 7,239,092 6,427,924 Deferred loan fees, net (8,142) (2,468) ACL (93,771) (105,084) Loans held for investment carried at amortized cost, net 7,137,179 6,320,372 Loans held for investment, carried at fair value: PPP loans 135,842 358,042 Total loans held for investment, net $ 7,273,021 $ 6,678,414 Included in the total loans held for investment, net, as of September 30, 2021 and December 31, 2020 was an accretable discount related to purchased performing and purchased credit deteriorated (“PCD”) loans acquired within a business combination in the approximate amounts of $10,450 and $15,526, respectively. The discount is being accreted into income on a level-yield basis over the life of the loans. In addition, included in the net loan portfolio as of September 30, 2021 and December 31, 2020 is a discount on retained loans from the sale of Bank originated U.S. Small Business Administration (“SBA”) loans of $3,289 and $3,215, respectively. Loans held for investment, PPP loans, carried at fair value Included in total loans held for investment, net, as of September 30, 2021 and December 31, 2020 was $135,842 and $358,042, respectively, of PPP loans, which are carried at fair value. The following table summarizes the PPP fee income which is included in government guaranteed loan income, net on the accompanying condensed consolidated statements of income and the net gain (loss) due to the change in the fair value of PPP loans, which is included in government guaranteed loan income, net, on the accompanying condensed consolidated statements of income and in change in fair value of government guaranteed loans using fair value option on the accompanying condensed consolidated statements of cash flows. September 30, 2021 September 30, 2020 Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended PPP fee income $ 69 $ 7,697 $ 295 $ 12,811 Net gain (loss) due to the change in fair value 782 1,117 (33) (2,038) These PPP loans were originated through an application to the SBA under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act and are 100% forgivable if certain criteria are met by the borrowers. As of September 30, 2021, we believe a majority of the Company’s PPP loans will meet such criteria. ACL The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring (“TDR”). The activity in the ACL related to loans held for investment is as follows: Three Months Ended September 30, 2021 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of period $ 7,280 $ 46 $ 6,660 $ 4,187 $ 11,324 $ 37,242 $ 32,560 $ 244 $ 99,543 Credit loss expense non-PCD loans (250) 190 (92) (524) 498 197 789 (3) 805 Credit loss expense PCD loans (19) — (11) — (21) (135) (613) (6) (805) Charge-offs — — (64) — (813) — (5,508) (17) (6,402) Recoveries — — 26 — — — 596 8 630 Ending Balance $ 7,011 $ 236 $ 6,519 $ 3,663 $ 10,988 $ 37,304 $ 27,824 $ 226 $ 93,771 Three Months Ended September 30, 2020 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of period $ 9,021 $ 63 $ 10,777 $ 6,428 $ 13,886 $ 36,067 $ 38,577 $ 546 $ 115,365 Credit loss expense non-PCD loans 610 7 (142) 268 662 (85) 11,425 29 12,774 Credit loss expense PCD loans (41) — (37) — (3,578) (161) (271) 6 (4,082) Charge-offs — — — — (2,421) — (68) (11) (2,500) Recoveries — — 7 — — — 14 13 34 Ending Balance $ 9,590 $ 70 $ 10,605 $ 6,696 $ 8,549 $ 35,821 $ 49,677 $ 583 $ 121,591 Nine Months Ended September 30, 2021 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of year $ 7,768 $ 56 $ 8,148 $ 6,231 $ 9,719 $ 35,237 $ 37,554 $ 371 $ 105,084 Credit loss expense non-PCD loans (737) 180 (1,106) (2,568) 1,291 3,676 2,436 (133) 3,039 Credit loss expense PCD loans (20) — (208) — 980 (1,609) (2,173) (9) (3,039) Charge-offs — — (367) — (1,502) — (11,474) (55) (13,398) Recoveries — — 52 — 500 — 1,481 52 2,085 Ending Balance $ 7,011 0 $ 236 $ 6,519 $ 3,663 $ 10,988 $ 37,304 $ 27,824 $ 226 $ 93,771 Nine Months Ended September 30, 2020 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of year $ 3,822 $ 61 $ 1,378 $ 1,965 $ 1,978 $ 8,139 $ 12,369 $ 122 $ 29,834 Impact of adopting ASC 326 non-PCD loans (707) 4 3,716 628 3,406 5,138 7,025 217 19,427 Impact of adoption ASC 326 PCD loans 645 — 908 — 7,682 2,037 8,335 103 19,710 Credit loss expense non-PCD loans 6,393 5 4,955 4,103 3,177 17,294 22,853 3 58,783 Credit loss expense PCD loans (563) — (360) — (5,273) 3,213 853 (13) (2,143) Charge-offs — — — — (2,421) — (1,808) (136) (4,365) Recoveries — — 8 — — — 50 287 345 Ending Balance $ 9,590 $ 70 $ 10,605 $ 6,696 $ 8,549 $ 35,821 $ 49,677 $ 583 $ 121,591 The majority of the Company’s loan portfolio consists of loans to businesses and individuals in the Dallas-Fort Worth metroplex and the Houston metropolitan area. This geographic concentration subjects the loan portfolio to the general economic conditions within these areas. The risks created by this concentration have been considered by management in the determination of the adequacy of the ACL. Management believes the ACL was adequate to cover estimated losses on loans held for investment as of September 30, 2021 and December 31, 2020. The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of September 30, 2021 and December 31, 2020, were as follows: September 30, 2021 December 31, 2020 Real Property (1) ACL Allocation Real Property (1) ACL Allocation Real estate: 1 - 4 family residential $ 1,185 $ — $ 199 $ 11 NOOCRE 19,023 6,147 16,080 — Commercial 2,366 1,134 8,666 4,668 Consumer 1,063 — 143 50 Total $ 23,637 $ 7,281 $ 25,088 $ 4,729 (1) Loans reported exclude PCD loans that transitioned upon adoption of ASC 326 and accounted for on a pooled basis. Nonaccrual 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 in accordance with the terms of the applicable loan agreement . Loans are placed on nonaccrual 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 nonaccrual status regardless of whether or not such loans are considered past due. When interest accrual 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. Nonaccrual loans aggregated by class of loans, as of September 30, 2021 and December 31, 2020, were as follows: September 30, 2021 December 31, 2020 Nonaccrual Nonaccrual With No ACL Nonaccrual Nonaccrual With No ACL Real estate: Construction and land $ 1,185 $ 1,185 $ — $ — 1 - 4 family residential 998 998 3,308 3,199 OOCRE 16,890 16,317 6,266 5,645 NOOCRE 31,630 201 40,830 19,213 Commercial 20,411 2,617 29,318 1,015 Consumer 1,203 1,191 1,374 1,220 Total $ 72,317 $ 22,509 $ 81,096 $ 30,292 There were $12,295 and $1,508 of PCD loans that are not accounted for on a pooled basis included in nonaccrual loans at September 30, 2021 and December 31, 2020, respectively. During the three and nine months ended September 30, 2021, interest income not recognized on nonaccrual loans was $674 and $2,049, respectively. During the three and nine months ended September 30, 2020, interest income not recognized on nonaccrual loans was $2,457 and $2,993, respectively. An age analysis of past due loans, aggregated by class of loans and including past due nonaccrual loans, as of September 30, 2021 and December 31, 2020, is as follows: September 30, 2021 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current PCD Total Total 90 Days Past Due and Still Accruing (1) Real estate: Construction and land $ — $ — $ 1,185 $ 1,185 $ 932,563 $ 2,426 $ 936,174 $ — Farmland — — — — 73,550 — 73,550 — 1 - 4 family residential 93 179 2,615 2,887 539,425 1,206 543,518 1,711 Multi-family residential — — — — 356,885 — 356,885 — OOCRE 3,154 2,727 11,728 17,609 665,110 28,757 711,476 — NOOCRE 2,740 — 12,607 15,347 2,153,336 25,755 2,194,438 — Commercial 11,809 347 8,439 20,595 1,758,630 14,515 1,793,740 — MW 119 — — 119 614,926 — 615,045 — Consumer 108 86 1,074 1,268 12,817 181 14,266 — Total $ 18,023 $ 3,339 $ 37,648 $ 59,010 $ 7,107,242 $ 72,840 $ 7,239,092 $ 1,711 (1) Loans 90 days past due and still accruing excludes $12,918 of pooled PCD loans as of September 30, 2021 that transitioned upon adoption of ASC 326. December 31, 2020 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current PCD Total Total 90 Days Past Due and Still Accruing (1) Real estate: Construction and land $ — $ — $ — $ — $ 690,345 $ 2,685 $ 693,030 $ — Farmland — — — — 13,844 — 13,844 — 1 - 4 family residential 2,338 122 4,802 7,262 508,341 8,741 524,344 1,670 Multi-family residential — — — — 424,962 — 424,962 — OOCRE 2,278 2,143 2,814 7,235 672,246 37,991 717,472 1,280 NOOCRE 7,675 2,911 17,586 28,172 1,832,784 43,176 1,904,132 — Commercial 1,983 1,431 20,360 23,774 1,516,312 19,460 1,559,546 1,230 MW — — — — 577,594 — 577,594 — Consumer 75 77 1,338 1,490 11,308 202 13,000 24 Total $ 14,349 $ 6,684 $ 46,900 $ 67,933 $ 6,247,736 $ 112,255 $ 6,427,924 $ 4,204 (1) Loans 90 days past due and still accruing excludes $32,627 of PCD loans accounted for on a pooled basis as of December 31, 2020. Loans past due 90 days and still accruing were $1,711 and $4,204 as of September 30, 2021 and December 31, 2020, respectively. These loans are also considered well-secured, and are in the process of collection with plans in place for the borrowers to bring the notes fully current or to subsequently be renewed. The Company believes that it will collect all principal and interest due on each of the loans past due 90 days and still accruing. 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 $28,088 and $29,157 as of September 30, 2021 and December 31, 2020, respectively. The following table presents the pre- and post-modification amortized cost of loans modified as TDRs during the three and nine months ended September 30, 2021 and 2020. Adjusted Payment Structure Payment Deferrals Total Modifications Number of Loans Three and Nine Months Ended September 30, 2021 Commercial $ 192 $ — $ 192 1 Three Months Ended September 30, 2020 Commercial real estate $ 5,145 $ 19,359 $ 24,504 8 Nine Months Ended September 30, 2020 Commercial real estate $ 5,145 $ 19,359 $ 24,504 8 Commercial 1,440 1,337 2,777 3 $ 6,585 $ 20,696 $ 27,281 11 There were no loans modified as TDR loans within the previous 12 months and for which there was a payment default during the three and nine months ended September 30, 2021 and 2020. A default for purposes of this disclosure is a TDR loan in which the borrower is 90 days past due or results in the foreclosure and repossession of the applicable collateral. Interest income during the three and nine months ended September 30, 2021 that would have been recorded had the terms of the loans not been modified on TDR loans was $376 and $555, respectively. Interest income recorded during the three and nine months ended September 30, 2020 on TDR loans and interest income that would have been recorded had the terms of the loans 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, 2021 or December 31, 2020. For the nine months ended September 30, 2021, the Company had 12 modifications of loans with an aggregate principal balances of $4,758 that qualified for temporary suspension of TDR requirements under Section 4013 of the CARES Act, as amended by the Consolidated Appropriations Act, 2021, and related interagency gui dance of the federal banking agencies (collectively “Section 4013 of the CARES Act”). For the year ended December 31, 2020, the Company had 754 modifications of loans with an aggregate principal balance of $1,126,975 that qualified for temporary suspension of TDR requirements under Section 4013 of the CARES Act. As of September 30, 2021, the Company had one loan with an aggregate principal balance of $131 remaining on deferment under Section 4013 of the CARES Act. Credit Quality Indicators From a credit risk standpoint, the Company classifies its loans in one of the following categories: (i) pass, (ii) special mention, (iii) substandard or (iv) doubtful. Loans classified as loss are charged-off. Loans not rated special mention, substandard, doubtful or loss are classified as pass loans. The classifications of loans reflect a judgment 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 felt to be inherent in each credit as of each monthly reporting period. All classified credits are evaluated for impairment. 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 generally not so pronounced that the Company 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 with a lower rating. 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 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. Credits classified as PCD are those that, at acquisition date, have experienced a more-than-insignificant deterioration in credit quality since origination. The Company elected to maintain pools of loans that were previously accounted for under ASC 310-30 which was superseded by ASC 326 and will continue to account for these pools as a unit of account. Loans are only removed from the existing pools if they are foreclosed, written off, paid off, or sold. The Company considers the guidance in ASC 310-20 when determining whether a modification, extension or renewal of a loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. Based on the most recent analysis performed, the risk category of loans by class of loans based on year or origination is as follows: Term Loans Amortized Cost Basis by Origination Year 1 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2021 Construction and land: Pass $ 221,411 $ 416,653 $ 165,620 $ 79,393 $ 5,819 $ 32,833 $ 7,956 $ 988 $ 930,673 Special mention — 1,574 — 316 — — — — 1,890 Substandard — — — 1,185 — — — — 1,185 PCD — — — — — 2,426 — — 2,426 Total construction and land $ 221,411 $ 418,227 $ 165,620 $ 80,894 $ 5,819 $ 35,259 $ 7,956 $ 988 $ 936,174 Farmland: Pass $ 61,549 $ 528 $ 428 $ 3,367 $ 2,990 $ 3,453 $ 1,235 $ — $ 73,550 Total farmland $ 61,549 $ 528 $ 428 $ 3,367 $ 2,990 $ 3,453 $ 1,235 $ — $ 73,550 1 - 4 family residential: Pass $ 141,686 $ 110,136 $ 67,341 $ 71,399 $ 29,487 $ 99,293 $ 13,076 $ 5,950 $ 538,368 Special mention — — — — — 360 — — 360 Substandard — — — 1,711 81 903 889 — 3,584 PCD — — — — — 1,206 — — 1,206 Total 1 - 4 family residential $ 141,686 $ 110,136 $ 67,341 $ 73,110 $ 29,568 $ 101,762 $ 13,965 $ 5,950 $ 543,518 Multi-family residential: Pass $ 60,933 $ 66,493 $ 86,509 $ 80,777 $ 13,634 $ 27,196 $ 51 $ — $ 335,593 Special mention — — — 21,292 — — — — 21,292 Total multi-family residential $ 60,933 $ 66,493 $ 86,509 $ 102,069 $ 13,634 $ 27,196 $ 51 $ — $ 356,885 OOCRE: Pass $ 95,473 $ 143,616 $ 59,589 $ 57,823 $ 61,504 $ 190,014 $ 2,572 $ 2,998 $ 613,589 Special mention — — 1,064 19,939 329 7,951 — — 29,283 Substandard — 412 — 25,545 1,153 12,738 — — 39,848 PCD — 1,397 — — 7,320 20,039 — — 28,756 Total OOCRE $ 95,473 $ 145,425 $ 60,653 $ 103,307 $ 70,306 $ 230,742 $ 2,572 $ 2,998 $ 711,476 NOOCRE: Pass $ 517,272 $ 305,853 $ 256,528 $ 416,144 $ 93,726 $ 388,677 $ 9,161 $ 1,585 $ 1,988,946 Special mention — 238 9,400 11,287 22,031 46,039 493 — 89,488 Substandard — 1,314 1,781 26,113 1,337 47,214 12,406 — 90,165 PCD — — — 18,939 — 6,900 — — 25,839 Total NOOCRE $ 517,272 $ 307,405 $ 267,709 $ 472,483 $ 117,094 $ 488,830 $ 22,060 $ 1,585 $ 2,194,438 Commercial: Pass $ 336,092 $ 237,949 $ 146,110 $ 75,481 $ 13,658 $ 56,443 $ 810,012 $ 13,678 $ 1,689,423 Special mention 903 4,432 1,276 8,840 8,789 1,958 3,728 3,353 33,279 Substandard 11,869 1,053 3,089 13,096 6,025 3,742 17,542 3,926 60,342 PCD — — — 325 1,943 8,428 — — 10,696 Total commercial $ 348,864 $ 243,434 $ 150,475 $ 97,742 $ 30,415 $ 70,571 $ 831,282 $ 20,957 $ 1,793,740 MW: Pass $ — $ — $ — $ — $ — $ — $ 613,727 $ — $ 613,727 Substandard — — — — — — 1,318 — 1,318 Total MW $ — $ — $ — $ — $ — $ — $ 615,045 $ — $ 615,045 Consumer: Pass $ 5,046 $ 1,670 $ 665 $ 490 $ 2,982 $ 803 $ 1,036 $ 22 $ 12,714 Special mention — — — — 83 15 — — 98 Substandard — — 3 2 152 52 1,064 — 1,273 PCD — — — — 25 156 — — 181 Total consumer $ 5,046 $ 1,670 $ 668 $ 492 $ 3,242 $ 1,026 $ 2,100 $ 22 $ 14,266 Total Pass $ 1,439,462 $ 1,282,898 $ 782,790 $ 784,874 $ 223,800 $ 798,712 $ 1,458,826 $ 25,221 $ 6,796,583 Total Special Mention 903 6,244 11,740 61,674 31,232 56,323 4,221 3,353 175,690 Total Substandard 11,869 2,779 4,873 67,652 8,748 64,649 33,219 3,926 197,715 Total PCD — 1,397 — 19,264 9,288 39,155 — — 69,104 Total $ 1,452,234 $ 1,293,318 $ 799,403 $ 933,464 $ 273,068 $ 958,839 $ 1,496,266 $ 32,500 $ 7,239,092 1 Term loans amortized cost basis by origination year excludes $8,142 of deferred loan fees, net . Term Loans Amortized Cost Basis by Origination Year 1 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2020 Construction and land: Pass $ 155,358 $ 282,497 $ 179,372 $ 11,791 $ 9,938 $ 27,147 $ 21,066 $ — $ 687,169 Special mention — — 2,666 — — — — — 2,666 Substandard — — 510 — — — — — 510 PCD — — — — — 2,685 — — 2,685 Total construction and land $ 155,358 $ 282,497 $ 182,548 $ 11,791 $ 9,938 $ 29,832 $ 21,066 $ — $ 693,030 Farmland: Pass $ 867 $ 972 $ 3,367 $ 3,688 $ — $ 3,656 $ 1,294 $ — $ 13,844 Total farmland $ 867 $ 972 $ 3,367 $ 3,688 $ — $ 3,656 $ 1,294 $ — $ 13,844 1 - 4 family residential: Pass $ 120,580 $ 79,617 $ 91,890 $ 49,338 $ 31,936 $ 115,797 $ 19,065 $ 2,968 $ 511,191 Special mention — 1,077 154 760 — 687 — — 2,678 Substandard — — 142 668 — — 924 — 1,734 PCD — — — — — 8,741 — — 8,741 Total 1 - 4 family residential $ 120,580 $ 80,694 $ 92,186 $ 50,766 $ 31,936 $ 125,225 $ 19,989 $ 2,968 $ 524,344 Multi-family residential: Pass $ 107,332 $ 106,559 $ 139,721 $ 18,722 $ 32,672 $ 7,218 $ 58 $ — $ 412,282 Special mention — — 12,680 — — — — — 12,680 Total multi-family residential $ 107,332 $ 106,559 $ 152,401 $ 18,722 $ 32,672 $ 7,218 $ 58 $ — $ 424,962 OOCRE: Pass $ 113,741 $ 65,262 $ 75,940 $ 79,253 $ 79,202 $ 176,668 $ 5,532 $ — $ 595,598 Special mention — 948 22,725 3,701 12,860 4,326 — — 44,560 Substandard 370 — 10,579 3,830 11,315 6,822 201 6,206 39,323 PCD — — — — 7,951 30,040 — — 37,991 Total OOCRE $ 114,111 $ 66,210 $ 109,244 $ 86,784 $ 111,328 $ 217,856 $ 5,733 $ 6,206 $ 717,472 NOOCRE: Pass $ 361,246 $ 255,976 $ 445,079 $ 90,738 $ 174,893 $ 309,572 $ 13,413 $ — $ 1,650,917 Special mention 101 31,714 37,572 19,262 25,997 37,951 493 — 153,090 Substandard 1,226 0 9,850 0 4,562 4,108 — 23,098 14,105 — 56,949 PCD — — 18,744 — 6,652 17,780 — — 43,176 Total NOOCRE $ 362,573 $ 297,540 $ 505,957 $ 114,108 $ 207,542 $ 388,401 $ 28,011 $ — $ 1,904,132 Commercial: Pass $ 251,004 $ 158,158 $ 112,961 $ 50,734 $ 19,821 $ 41,856 $ 758,832 $ 13,400 $ 1,406,766 Special mention 1,306 2,539 8,224 10,033 1,201 2,165 26,922 3,670 56,060 Substandard 722 4,487 23,245 3,772 7,216 2,083 30,460 5,275 77,260 PCD — — — 3,382 4,196 11,882 — — 19,460 Total commercial $ 253,032 $ 165,184 $ 144,430 $ 67,921 $ 32,434 $ 57,986 $ 816,214 $ 22,345 $ 1,559,546 MW: Pass $ — $ — $ — $ — $ — $ — $ 577,594 $ — $ 577,594 Total MW $ — $ — $ — $ — $ — $ — $ 577,594 $ — $ 577,594 Consumer: Pass $ 2,489 $ 1,216 $ 1,038 $ 3,899 $ 887 $ 353 $ 1,475 $ — $ 11,357 Special mention — — — — 25 227 — — 252 Substandard — — — 60 — 66 1,063 — 1,189 PCD — — — 36 — 166 — — 202 Total consumer $ 2,489 $ 1,216 $ 1,038 $ 3,995 $ 912 $ 812 $ 2,538 $ — $ 13,000 Total Pass $ 1,112,617 $ 950,257 $ 1,049,368 $ 308,163 $ 349,349 $ 682,267 $ 1,398,329 $ 16,368 $ 5,866,718 Total Special Mention 1,407 36,278 84,021 33,756 40,083 45,356 27,415 3,670 271,986 Total Substandard 2,318 14,337 39,038 12,438 18,531 32,069 46,753 11,481 176,965 Total PCD — — 18,744 3,418 18,799 71,294 — — 112,255 Total $ 1,116,342 $ 1,000,872 $ 1,191,171 $ 357,775 $ 426,762 $ 830,986 $ 1,472,497 $ 31,519 $ 6,427,924 1 Term loans amortized cost basis by origination year excludes $2,468 of deferred loan fees, net. Servicing Assets The Company was servicing loans of approximately $302,452 and $234,330 as of September 30, 2021 and 2020, respectively. A summary of the changes in the related servicing assets are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Balance at beginning of period $ 3,725 $ 2,940 $ 3,363 $ 3,113 Increase from loan sales 157 705 541 836 Net (impairment) recovery (95) 244 117 138 Amortization charged as a reduction to income (212) (104) (446) (302) Balance at end of period $ 3,575 $ 3,785 $ 3,575 $ 3,785 Fair value of servicing assets 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. As of September 30, 2021 and 2020 there was a valuation allowance of $440 and $188, respectively. The Company may also receive a portion of subsequent interest collections on loans sold that exceed the contractual servicing fees. 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, 2021 and December 31, 2020. During the three and nine months ended September 30, 2021, the Bank sold $6,025 and $20,338 of SBA loans held for investment resulting in a gain of $859 and $2,812, respectively. During the three and nine months ended September 30, 2020, the Bank sold $32,381 and $40,161 of SBA loans held for investment resulting in a gain of $2,639 and $3,242, respectively. The gain on sale of SBA loans is recorded in government guaranteed loan income, net in the accompanying condensed consolidated statements of income.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The following table summarizes assets measured at fair value on a recurring basis as of September 30, 2021 and December 31, 2020, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: September 30, 2021 Level 1 Level 2 Level 3 Total Financial Assets: Available for sale debt securities $ — $ 1,048,488 $ — $ 1,048,488 Equity securities with a readily determinable fair value 11,143 — — 11,143 PPP loans — 135,842 — 135,842 Loans held for sale (1) — 15,252 — 15,252 Interest rate swaps designated as hedging instruments — 5,095 — 5,095 Correspondent interest rate swaps not designated as hedging instruments — 581 — 581 Customer interest rate swaps not designated as hedging instruments — 4,951 — 4,951 Correspondent interest rate caps and collars not designated as hedging instruments — — — — Financial Liabilities: Correspondent interest rate swaps not designated as hedging instruments $ — $ 5,250 $ — $ 5,250 Customer interest rate swaps not designated as hedging instruments — 531 — 531 Customer interest rate caps and collars not designated as hedging instruments — — — — (1) Represents loans held for sale elected to be carried at fair value upon origination or acquisition. December 31, 2020 Level 1 Level 2 Level 3 Total Financial Assets: Available for sale debt securities $ — $ 1,024,329 $ — $ 1,024,329 Equity securities with a readily determinable fair value 11,363 — — 11,363 PPP loans — 358,042 — 358,042 Loans held for sale (1) — 6,681 — 6,681 Interest rate swap designated as hedging instruments — 17,543 — 17,543 Customer interest rate swaps not designated as hedging instruments — 10,937 — 10,937 Correspondent interest rate caps and collars not designated as hedging instruments — 1 — 1 Financial Liabilities: Interest rate swap designated as hedging instruments $ — $ 2,255 $ — $ 2,255 Correspondent interest rate swaps not designated as hedging instruments — 11,666 — 11,666 Customer interest rate caps and collars not designated as hedging instruments — 1 — 1 (1) Represents loans held for sale elected to be carried at fair value upon origination or acquisition. The following table summarizes assets measured at fair value on a non-recurring basis at September 30, 2021 and December 31, 2020, 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, 2021 Assets: Collateral dependent loans with an ACL $ — $ — $ 16,356 $ 16,356 Servicing assets with a valuation allowance — — 2,944 2,944 As of December 31, 2020 Assets: Collateral dependent loans with an ACL $ — $ — $ 2,386 $ 2,386 Servicing assets with a valuation allowance — — 2,975 2,975 At September 30, 2021, collateral dependent loans with an allowance had a recorded investment of $23,637, with $7,281 specific allowance for credit loss allocated. At December 31, 2020, collateral dependent loans had a carrying value of $7,115, with $4,729 specific allowance for credit loss allocated. At September 30, 2021, servicing assets of $3,384 had a valuation allowance totaling $440. At December 31, 2020, servicing assets of $3,531 had a valuation allowance totaling $556. There were no other real estate owned properties at September 30, 2021. During the nine months ended September 30, 2021, the Company incurred a write-down of $197 in total on all properties. There were no liabilities measured at fair value on a non-recurring basis at September 30, 2021 or December 31, 2020. Fair Value of Financial Instruments The Company’s methods of determining fair value of financial instruments in this Note are consistent with its methodologies disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Please re fer to Note 17 in the Company’s Annual Report on Form 10-K for information on these methods. The estimated fair values and carrying values of all financial instruments not measured at fair value on a recurring basis under current authoritative guidance as of September 30, 2021 and December 31, 2020 were as follows: Fair Value Carrying Level 1 Level 2 Level 3 September 30, 2021 Financial assets: Cash and cash equivalents $ 229,712 $ — $ 229,712 $ — Held to maturity debt securities 55,257 — 57,470 — Securities purchased under agreements to resell 103,692 — 103,692 — Loans held for sale (1) 3,644 — 3,644 — Loans held for investment (2) 7,226,209 — — 7,172,716 Accrued interest receivable 21,985 — 21,985 — Bank-owned life insurance 83,781 — 83,781 — Servicing asset 631 — 631 — Equity securities without a readily determinable fair value 4,130 N/A N/A N/A FHLB and FRB stock 71,803 N/A N/A N/A Financial liabilities: Deposits $ 7,178,752 $ — $ 7,058,094 $ — Advances from FHLB 777,601 — 788,525 — Accrued interest payable 1,231 — 1,231 — Subordinated debentures and subordinated notes 262,761 — 262,761 — Securities sold under agreement to repurchase 2,455 — 2,433 — December 31, 2020 Financial assets: Cash and cash equivalents $ 230,825 $ — $ 230,825 $ — Held to maturity debt securities 30,872 — 34,283 — Loans held for sale (1) 14,733 — 14,733 — Loans held for investment (2) 6,317,986 — — 6,335,402 Accrued interest receivable 23,798 — 23,798 — Bank-owned life insurance 82,855 — 82,855 — Servicing asset 388 — 486 — Equity securities without a readily determinable fair value 3,575 N/A N/A N/A FHLB and FRB stock 71,236 N/A N/A N/A Financial liabilities: Deposits $ 6,512,846 $ — $ 6,608,849 $ — Advances from FHLB 777,718 — 782,321 — Accrued interest payable 2,665 — 2,665 — Subordinated debentures and subordinated notes 262,778 — 262,778 — Securities sold under agreement to repurchase 2,225 — 2,199 — (1) Loans held for sale represent mortgage loans held for sale that are carried at lower of cost or market. (2) Loans held for investment includes MW and is carried at amortized cost.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The Company primarily uses derivatives to manage exposure to market risk, including interest rate risk and credit risk, and to assist customers with their risk management objectives. Management will designate certain derivatives as hedging instruments in a qualifying hedge accounting relationship. The Company’s remaining derivatives consist of derivatives held for customer accommodation or other purposes. The fair value of derivative positions outstanding is included in other assets and accounts payable and other liabilities on the accompanying condensed consolidated balance sheets and in the net change in each of these financial statement line items in the accompanying condensed consolidated statements of cash flows. For derivatives not designated as hedging instruments, swap fee income and gains and losses due to changes in fair value are included in other noninterest income and the operating section of the condensed consolidated statement of cash flows. For derivatives designated as hedging instruments, the entire change in the fair value related to the derivative instrument is recognized as a component of other comprehensive income and subsequently reclassified into interest income or interest expense when the forecasted transaction affects income. The notional amounts and estimated fair values as of September 30, 2021 and December 31, 2020 are as shown in the table below. September 30, 2021 December 31, 2020 Estimated Fair Value Estimated Fair Value Notional Asset Derivative Liability Derivative Notional Asset Derivative Liability Derivative Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ — $ — $ — $ 500,000 $ 17,543 $ — Interest rate swap on money market deposit account payments 250,000 1,712 — 250,000 — 2,255 Interest rate swap on customer loan interest payments 125,000 159 — — — — Interest rate swap on customer loan interest payments 125,000 496 — — — — Interest rate swap on customer loan interest payments 125,000 2,728 — — — — Total derivatives designated as hedging instruments $ 625,000 $ 5,095 $ — $ 750,000 $ 17,543 $ 2,255 Derivatives not designated as hedging instruments: Financial institution counterparty: Interest rate swaps $ 310,738 $ 581 $ 5,250 $ 303,918 $ — $ 11,666 Interest rate caps and collars 41,916 — — 41,916 1 — Commercial customer counterparty: Interest rate swaps 310,738 4,951 531 303,918 10,937 — Interest rate caps and collars 41,916 — — 41,916 — 1 Total derivatives not designated as hedging instruments $ 705,308 $ 5,532 $ 5,781 $ 691,668 $ 10,938 $ 11,667 Offsetting derivative assets/liabilities (4,500) (4,500) 1 1 Total derivatives $ 1,330,308 $ 6,127 $ 1,281 $ 1,441,668 $ 28,482 $ 13,923 Pre-tax gain (loss) included in the condensed consolidated statements of income and related to derivative instruments for the three and nine months ended September 30, 2021 and 2020 were as follows. For the Three Months Ended For the Three Months Ended (Loss) gain recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income (Loss) recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ — $ — Interest Expense $ 4,096 $ — Interest Expense Interest rate swap on money market deposit account payments 403 (195) Interest Expense 562 (194) Interest Income Commercial loan interest rate floor — — Interest Income (553) 553 Interest Income Interest rate swaps on customer loan interest payments (3,234) 2,325 Interest Income — — Total $ (2,831) $ 2,130 $ 4,105 $ 359 Net gain recognized in other noninterest income Net gain recognized in other noninterest income Derivatives not designated as hedging instruments: Interest rate swaps, caps and collars $ 1,023 $ 1,651 For the Nine Months Ended For the Nine Months Ended Gain recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Gain (loss) recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ 26,357 $ — Interest Expense $ 6,621 $ — Interest Expense Interest rate swap on money market deposit account payments 4,167 (601) Interest Expense (3,373) (409) Interest Expense Commercial loan interest rate floor — 866 Interest Income (78) 1,384 Interest Income Interest rate swaps on customer loan interest payments 2,317 2,541 Interest Income — — Total $ 32,841 $ 2,806 $ 3,170 $ 975 Derivatives not designated as hedging instruments: Net gain recognized in other noninterest income Net gain recognized in other noninterest income Interest rate swaps, caps and collars $ 1,213 $ 575 Cash Flow Hedges Cash flow hedge relationships mitigate exposure to the variability of future cash flows or other forecasted transactions. The Company uses interest rate swaps, floors, caps and collars to manage overall cash flow changes related to interest rate risk exposure on benchmark interest rate loans. In March 2021, the Company entered into three fixed receive/pay variable interest rate swaps, each with a notional amount of $125,000, to hedge the variability of cash flow payments attributable to changes in interest rates in regards to forecasted of three-month attributable to changes in interest rates in regards to forecasted money market account borrowings from March 2021 through March 2028 and March 2021 through March 2031. In March 2020, the Company entered into an interest rate swap for a notional amount of $500,000 to hedge the variability of cash flow payments attributable to changes in interest rates in regards to forecasted issuances of three-month term debt arrangements every three months from March 2022 through March 2032. These forecasted borrowings can be sourced from a FHLB advance, repurchase agreement, brokered certificate of deposit or some combination of these sources. This interest rate swap was terminated on February 24, 2021. The pre-tax gain of $43,900, resulting from the termination of the interest rate swap, will remain in other comprehensive income (loss) and will be accreted over a 10-year period starting in March 2022 unless the forecasted transactions become probable of not occurring. In March 2020, the Company entered into an interest rate swap for a notional amount of $250,000 to hedge the variability of cash flow payments attributable to changes in interest rates in regards to forecasted money market account borrowings from March 2020 through March 2025. In May 2019, the Company entered into a $275,000 notional interest rate floor for commercial loans with a two-year term. The interest rate floor had a purchased floor strike of 2.43%. In February 2020, the Company terminated this interest rate floor. The gain resulting from the termination of the interest rate floor will remain in other comprehensive income (loss) and will be accreted into earnings over the remaining period of the former hedging relationship unless the forecasted transaction becomes probable of not occurring. Interest Rate Swap, Floor, Cap and Collar Agreements Not Designated as Hedging Derivatives In order to accommodate the borrowing needs of certain commercial customers, the Company has entered into interest rate swap or cap agreements with those customers. These interest rate derivative contracts effectively allow the Company’s customers to convert a variable rate loan into a fixed rate loan. In order to offset the exposure and manage interest rate risk, at the time an agreement was entered into with a customer, the Company entered into an interest rate swap or cap with a correspondent bank counterparty with offsetting terms. These derivative instruments are not designated as accounting hedges and changes in the net fair value are recognized in noninterest income or expense. Because the Company acts as an intermediary for its customers, changes in the fair value of the underlying derivative contracts substantially offset each other and do not have a material impact on the Company’s results of operations. The fair value amounts are included in other assets and other liabilities. The following is a summary of the interest rate swaps, caps and collars outstanding as of September 30, 2021 and December 31, 2020. September 30, 2021 Notional Amount Fixed Rate Floating Rate Maturity Fair Value Non-hedging derivative instruments: Customer interest rate derivative: Interest rate swaps - receive fixed/pay floating $ 310,738 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% Wtd. Avg. 4.9 years $ (4,669) Interest rate caps and collars $ 41,916 2.500% / 3.000% LIBOR 1 month + 0.00% Wtd. Avg. 0.8 years $ — Correspondent interest rate derivative: Interest rate swaps - pay fixed/receive floating $ 310,738 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% Wtd. Avg. 4.9 years $ 4,420 Interest rate caps and collars $ 41,916 3.000% / 5.000% LIBOR 1 month + 0.000% - 2.500% Wtd. Avg. 0.8 years $ — December 31, 2020 Notional Amount Fixed Rate Floating Rate Maturity Fair Value Non-hedging derivative instruments: Customer interest rate derivative: Interest rate swaps - receive fixed/pay floating $ 303,918 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% PRIME H15 - 0.250% Wtd. Avg. 4.1 years $ (11,666) Interest rate caps and collars $ 41,916 2.500% / 3.000% LIBOR 1 month + 0.000% Wtd. Avg. 1.6 years $ 1 Correspondent interest rate derivative: Interest rate swaps - pay fixed/receive floating $ 303,918 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% PRIME H15 - 25 Wtd. Avg. 4.1 years $ 10,937 Interest rate caps and collars $ 41,916 3.000% / 5.000% LIBOR 1 month + 0.000% - 2.500% Wtd. Avg. 1.6 years $ (1)

Off-Balance Sheet Loan Commitme

Off-Balance Sheet Loan Commitments	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Off-Balance Sheet Loan Commitments	Off-Balance Sheet Loan Commitments 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, MW commitments and standby and commercial 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 a financial instrument for commitments to extend credit, MW commitments and standby and commercial 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, 2021 and December 31, 2020: September 30, December 31, 2021 2020 Commitments to extend credit $ 3,737,662 $ 2,743,571 MW commitments 659,329 354,603 Standby and commercial letters of credit 65,815 44,427 Total $ 4,462,806 $ 3,142,601 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 and substantially all of the Company’s commitments to extend credit are contingent upon customers maintaining specific credit standards at the time of future loan funding. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on management’s credit evaluation of the borrower. MW commitments are unconditionally cancellable and represent the unused capacity on MW facilities the Company has approved. The Company reserves the right to refuse to buy any mortgage loans offered for sale by a customer, for any reason, at the Company’s sole and absolute discretion. Standby and commercial letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Standby and commercial 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 substantially the same as that involved in making commitments to extend credit. The table below presents the activity in the allowance for unfunded commitment credit losses related to those financial instruments discussed above. This allowance is recorded in accounts payable and other liabilities on the condensed consolidated balance sheets: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Beginning balance for ACL on unfunded commitments $ 10,754 $ 8,398 $ 10,747 $ 878 Impact of CECL adoption — — — 840 Provision for credit losses on unfunded commitments (448) 1,447 (441) 8,127 Ending balance of ACL on unfunded commitments $ 10,306 $ 9,845 $ 10,306 $ 9,845

Stock-Based Awards

Stock-Based Awards	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Awards	Stock-Based Awards 2010 Stock Option and Equity Incentive Plan (“2010 Incentive Plan”) The Company recognized no stock compensation expense related to the 2010 Incentive Plan for the three and nine months ended September 30, 2021 and 2020. A summary of option activity under the 2010 Incentive Plan for the nine months ended September 30, 2021 and 2020, and changes during the periods then ended, is presented below: 2010 Incentive Plan Non-Performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 257,500 $ 10.28 1.37 years Exercised (207,500) 10.14 Outstanding and exercisable at September 30, 2020 50,000 $ 10.84 1.91 years Outstanding at January 1, 2021 20,000 $ 10.09 1.06 years $ 374 Exercised (19,000) 10.00 Outstanding and exercisable at September 30, 2021 1,000 $ 10.43 1.32 years $ 145 As of September 30, 2021, December 31, 2020 and September 30, 2020, there was no unrecognized stock compensation expense related to non-performance based stock options. A summary of the fair value of the Company’s stock options exercised under the 2010 Incentive Plan for the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised as of September 30, 2021 2020 Nonperformance-based stock options exercised $ 568 $ 5,851 2019 Amended Plan and Green Acquired Omnibus Plans 2021 Grants of RSUs During the nine months ending September 30, 2021, the Company granted non-performance-based RSUs and performance-based RSUs (“PSUs”) under the 2019 Amended and Restatement Omnibus Incentive Plan (the “2019 Amended Plan”) and the Veritex (Green) 2014 Omnibus Equity Incentive Plan (the “Veritex (Green) 2014 Plan”). The majority of the RSUs granted to employees during the nine months ending September 30, 2021 with annual graded vesting over a three year period from the grant date. The PSUs granted in February 2021 are subject to service, performance and market conditions. The performance and market condition determine the number of awards to vest. The service period is from February 1, 2021 to January 31, 2024, the performance condition performance period is from January 1, 2021 to December 31, 2023, and the market condition performance period is from February 1, 2021 to January 31, 2024. A Monte Carlo simulation was used to estimate the fair value of PSUs on the grant date. Stock Compensation Expense Stock compensation expense for options, RSUs and PSUs granted under the 2019 Amended Plan and the Veritex (Green) 2014 Plan was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 2019 Amended Plan $ 2,172 $ 1,588 $ 6,355 $ 4,468 Veritex (Green) 2014 Plan 494 490 1,481 1,413 2019 Amended Plan A summary of the status of the Company’s stock options under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 849,768 $ 23.61 8.24 years Granted 170,025 27.31 Forfeited (23,735) 27.70 Exercised (33,439) 19.19 Outstanding at September 30, 2020 962,619 $ 24.32 7.77 years Options exercisable at September 30, 2020 492,204 $ 24.23 6.94 years Outstanding at January 1, 2021 975,801 $ 24.26 7.45 years $ 2,422 Granted 500 36.54 Cancelled (13,996) 25.93 Exercised (149,808) 23.42 Outstanding at September 30, 2021 812,497 $ 24.40 7.07 years $ 11,929 Options exercisable at September 30, 2021 507,597 $ 24.49 6.58 years $ 7,293 Weighted average fair value of options granted during the period $ 36.54 As of September 30, 2021, December 31, 2020 and September 30, 2020, there was $1,219, $2,470 and $2,801 of total unrecognized compensation expense related to options awarded under the 2019 Amended Plan, respectively. The unrecognized compensation expense at September 30, 2021 is expected to be recognized over the remaining weighted average requisite service period of 0.88 years. A summary of the status of the Company’s RSUs under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan Non-performance-Based RSUs Units Weighted Outstanding at January 1, 2020 175,688 $ 21.65 Granted 436,818 26.92 Vested into shares (82,683) 23.24 Forfeited (470) 29.13 Outstanding at September 30, 2020 529,353 $ 25.16 Outstanding at January 1, 2021 441,132 $ 20.39 Granted 247,649 26.87 Vested into shares (89,819) 24.14 Forfeited (12,998) 26.24 Outstanding at September 30, 2021 585,964 $ 22.42 A summary of the status of the Company’s PSUs under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan PSUs Units Weighted Outstanding at January 1, 2020 63,727 $ 22.76 Granted 39,398 29.13 Vested into shares (1,841) 26.65 Outstanding at September 30, 2020 101,284 $ 25.22 Outstanding at January 1, 2021 100,195 $ 23.20 Granted 56,276 25.94 Outstanding at September 30, 2021 156,471 $ 24.17 As of September 30, 2021, December 31, 2020 and September 30, 2020 there was $10,970, $8,222 and $9,098 of total unrecognized compensation related to RSUs and PSUs awarded under the 2019 Amended Plan, respectively. The unrecognized compensation expense at September 30, 2021 is expected to be recognized over the remaining weighted average requisite service period of 2.03 years. A summary of the fair value of the Company’s stock options exercised, RSUs and PSUs vested under the 2019 Amended Plan during the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised, RSUs or PSUs Vested in the Nine Months Ended September 30, 2021 2020 Non-performance-based stock options exercised 4,909 943 RSUs vested 2,318 2,225 PSUs vested — 36 Veritex (Green) 2014 Plan A summary of the status of the Company’s stock options under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 386,969 $ 19.30 7.86 years Granted 31,075 29.13 Forfeited (28,736) 21.38 Exercised (34,476) 19.54 Outstanding at September 30, 2020 354,832 $ 19.95 7.34 years Options exercisable at September 30, 2020 212,676 $ 17.84 6.46 years Outstanding at January 1, 2021 352,000 $ 19.99 6.97 years $ 2,124 Forfeited (7,245) 21.38 Exercised (64,017) 19.63 Outstanding at September 30, 2021 280,738 $ 20.03 6.19 years $ 5,457 Options exercisable at September 30, 2021 212,536 $ 18.84 5.74 years $ 4,362 As of September 30, 2021, December 31, 2020 and September 30, 2020, there was $225, $626 and $759 of total unrecognized compensation expense related to options awarded under the Veritex (Green) 2014 Plan, respectively. The unrecognized compensation expense at September 30, 2021 is expected to be recognized over the remaining weighted average requisite service period of 0.41 years. A summary of the status of the Company’s RSUs under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: RSUs Units Weighted Outstanding at January 1, 2020 116,250 $ 21.38 Granted 93,918 21.36 Vested into shares (38,744) 29.13 Forfeited (4,402) 29.13 Outstanding at September 30, 2020 167,022 $ 22.69 Outstanding at January 1, 2021 156,187 $ 22.64 Granted 5,692 26.12 Vested into shares (33,335) 21.38 Forfeited (5,760) 25.21 Outstanding at September 30, 2021 122,784 $ 21.13 A summary of the status of the Company’s PSUs under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: PSUs Units Weighted Outstanding at January 1, 2020 25,320 $ 21.38 Granted 8,531 29.13 Outstanding at September 30, 2020 33,851 $ 23.33 Outstanding at January 1, 2021 30,728 $ 21.43 Granted 6,231 25.94 Forfeited (1,060) 19.69 Outstanding at September 30, 2021 35,899 $ 22.26 As of September 30, 2021, December 31, 2020 and September 30, 2020, there was $1,636, $2,484 and $2,842, respectively, of total unrecognized compensation related to outstanding RSUs and PSUs awarded under the Veritex (Green) 2014 Plan to be recognized over a remaining weighted average requisite service period of 1.42 years. A summary of the fair value of the Company’s stock options exercised and RSUs vested under the Veritex (Green) 2014 Plan during the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised or RSUs Vested in the Nine Months Ended September 30, 2021 2020 Non-performance-based stock options exercised $ 1,898 $ 1,001 RSUs vested 713 828 Green 2010 Plan In addition to the Veritex (Green) 2014 Plan discussed earlier in this Note, the Company assumed the Green Bancorp Inc. 2010 Stock Option Plan (“Green 2010 Plan”). A summary of the status of the Company’s stock options under the Green 2010 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: Green 2010 Plan Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 571,735 $ 10.64 1.74 years Exercised (440,652) 10.35 Outstanding at September 30, 2020 131,083 $ 11.60 5.15 years Outstanding at January 1, 2021 131,083 $ 11.60 4.90 years $ 1,843 Exercised (62,742) 10.51 Outstanding at September 30, 2021 68,341 $ 12.60 2.35 years $ 1,829 A summary of the fair value of the Company’s stock options exercised under the Green 2010 Plan during the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised as of September 30, 2021 2020 Nonperformance-based stock options exercised 1,838 12,231

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense for the three and nine months ended September 30, 2021 and 2020 was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Income tax expense for the period $ 9,195 $ 6,198 $ 26,025 $ 9,501 Effective tax rate 20.0 % 21.3 % 21.0 % 15.7 % For the three months ended September 30, 2021, the Company had an effective tax rate of 20.0%. The Company had a net discrete tax benefit of $53 related to an excess tax benefit realized on share-based payment awards during the three months ended September 30, 2021. Excluding this discrete tax item, the Company had an effective tax rate of 20.1% for the three months ended September 30, 2021. For the nine months ended September 30, 2021, the Company had an effective tax rate of 21.0%. The Company had a net discrete tax expense of $104. This discrete tax expense related to a true-up of a deferred tax liability of $426 offset by $322 of an excess tax benefit realized on share-based payment awards during nine months ended September 30, 2021. Excluding these discrete tax items, the Company had an effective tax rate of 20.9% for the nine months ended September 30, 2021. For the three and nine months ended September 30, 2020, the Company had an effective tax rate of 21.3% and 15.7%, respectively. The decrease in the effective tax rate during the three months ended was primarily due to a net discrete tax benefit of $1,799 as a result of the Company amending a prior year Green Bancorp, Inc. (“Green”) tax return to carry back a net operating loss ("NOL") incurred by Green on January 1, 2019. The Company was allowed to carry back this NOL as result of a provision in the CARES Act that permits NOLs generated in tax years 2018, 2019 or 2020 to be carried back five years. In addition to this, the Company recognized a net discrete tax expense of $32 and a net discrete tax benefit of $1,391 primarily associated with the recognition of excess tax benefit realized on share-based payment awards during the three and nine months ended September 30, 2020, respectively. Excluding these discrete tax items, the Company had an effective tax rate of 21.2% and 21.0% for the three and nine months ended September 30, 2020, respectively.

Legal Contingencies

Legal Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Legal Contingencies	Legal Contingencies Litigation The Company may from time to time be involved in legal actions arising from normal business activities. In the opinion of management, there are no claims for which it is reasonably possible that an adverse outcome would have a material effect on the Company's financial position, liquidity or results of operations. The Company is not aware of any material unasserted claims.

Capital Requirements and Restri

Capital Requirements and Restrictions on Retained Earnings	9 Months Ended
	Sep. 30, 2021
Regulatory Capital Requirements under Banking Regulations [Abstract]
Capital Requirements and Restrictions on Retained Earnings	Capital Requirements and Restrictions on Retained Earnings Under applicable U.S. banking laws, there are legal restrictions limiting the amount of dividends the Company can declare. Approval of the regulatory authorities is required if, among other things, 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 triggers certain mandatory actions and may lead to 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 (“PCA”), the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and PCA classification are also subject to qualitative judgments by the regulators about components of capital, risk weightings of assets, and other factors. In addition, an institution may be downgraded to, or deemed to be in, a capital category that is lower than indicated by its capital ratios, if it is determined to be in an unsafe or unsound condition or if it receives an unsatisfactory examination rating with respect to certain matters. Under the Economic Growth, Regulatory Relief and Consumer Protection Act of 2018 and implementing regulations of the federal banking agencies, certain banking organizations with less than $10 billion in total consolidated assets may elect to satisfy a single Community Bank Leverage Ratio (“CBLR”) of Tier 1 capital to average total consolidated assets in lieu of the generally applicable capital requirements of the capital rules implementing Basel III. Banks meeting all of the requirements under this framework are not required to report or calculate risk-based capital, and will be considered to have met the well-capitalized ratio requirements under PCA regulations. The Bank was eligible and elected to use the CBLR framework as of December 31, 2020; however, the Bank was no longer eligible to use the CBLR framework beginning as of June 30, 2021. As a result of our no longer using the CBLR framework, we are subject to various quantitative measures established by regulation to ensure capital adequacy. These generally applicable capital requirements require a banking organization that does not operate under the CBLR framework to maintain minimum amounts and ratios (set forth in the table below) of total capital, Tier 1 capital, and common equity Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. The capital rules implementing Basel III also include a “capital conservation buffer” of 2.5% on top of each of the minimum risk-based capital ratios, and a banking organization with any risk-based capital ratio that meets or exceeds the minimum requirement but does not meet the capital conservation buffer will face constraints on dividends, equity repurchases and discretionary bonus payments based on the amount of the shortfall. Additionally, to be categorized as “well capitalized,” a bank that does not operate under the CBLR framework is required to maintain minimum total risk-based common equity Tier 1, Tier 1, and total capital ratios and Tier 1 leverage ratios as set forth in the table below. As of September 30, 2021 and December 31, 2020, the Company’s and the Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized.” There are no conditions or events since September 30, 2021 that management believes have changed the Company’s category. In the first quarter of 2020, U.S. federal regulatory authorities issued an interim final rule that provides banking organizations that adopt the current expected credit losses (“CECL”) methodology during the 2020 calendar year with the option to delay for two years the estimated impact of CECL on regulatory capital relative to regulatory capital determined under the prior incurred loss methodology, followed by a three-year transition period to phase out the aggregate amount of the capital benefit provided during the initial two-year delay (i.e., a five-year transition in total). In connection with the Company’s adoption of CECL on January 1, 2020, the Company has elected to utilize the five-year CECL transition. As a result, the effects of CECL on the Company’s and the Bank’s regulatory capital will be delayed through the year 2021, after which the effects will be phased-in over a three-year period from January 1, 2022 through December 31, 2024. 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 To Be Well Amount Ratio Amount Ratio Amount Ratio As of September 30, 2021 Total capital (to risk-weighted assets) Company $ 1,160,589 12.31 % $ 754,241 8.0 % n/a n/a Bank 1,068,655 11.34 % 753,901 8.0 % $ 942,377 10.0 % Tier 1 capital (to risk-weighted assets) Company 854,393 9.06 % 565,823 6.0 % n/a n/a Bank 994,810 10.56 % 565,233 6.0 % 753,644 8.0 % Common equity tier 1 (to risk-weighted assets) Company 825,001 8.75 % 424,286 4.5 % n/a n/a Bank 994,810 10.56 % 423,925 4.5 % 612,336 6.5 % Tier 1 capital (to average assets) Company 854,393 9.54 % 358,236 4.0 % n/a n/a Bank 994,810 11.12 % 357,845 4.0 % 447,307 5.0 % As of December 31, 2020 Total capital (to risk-weighted assets) Company $ 1,099,031 13.57 % $ 647,918 8.0 % n/a n/a Bank 968,481 11.96 % 647,813 8.0 % $ 809,767 10.0 % Tier 1 capital (to risk-weighted assets) Company 782,487 9.66 % 486,017 6.0 % n/a n/a Bank 884,471 10.92 % 485,973 6.0 % 647,964 8.0 % Common equity tier 1 (to risk-weighted assets) Company 753,261 9.30 % 364,481 4.5 % n/a n/a Bank 884,471 10.92 % 364,480 4.5 % 526,471 6.5 % Tier 1 capital (to average assets) Company 782,487 9.43 % 331,914 4.0 % n/a n/a Bank 884,471 10.66 % 331,884 4.0 % 414,855 5.0 % Dividend Restrictions — Dividends paid by the Bank are subject to certain restrictions imposed by regulatory agencies. Capital requirements further limit the amount of dividends that may be paid by the Bank. No dividends were paid by the Bank to the Holdco during the three months ended September 30, 2021. Dividends of $8,440 were paid by the Bank to the Holdco during the nine months ended September 30, 2021. Dividends of $20,000 and $65,000 were paid by the Bank to the Holdco during the three and nine months ended September 30, 2020 , respectively. Dividends of $9,906, or $0.20 per outstanding share, and $26,677, or $0.54 per outstanding share, on the applicable record date, were paid by the Company during the three and nine months ended September 30, 2021, respectively. Dividends of $8,558, or $0.17 per outstanding share, and $25,849, or $0.51 per outstanding share, on the applicable record date, were paid by the Company during the three and nine months ended September 30, 2020, respectively

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On November 1, 2021, the Company completed its acquisition of North Avenue Capital, LLC (“NAC”), which was announced on September 21, 2021. Under the terms of the definitive agreement for the acquisition, the Bank paid $57,500 in cash to existing shareholders of NAC. Three years after the completion of the transaction, existing shareholders of NAC as of the date of the acquisition have the right, subject to adjustment, to receive an additional $5,000 in cash subject to certain performance measures. NAC will continue to operate under its current name and brand and in its current office space, as a wholly owned subsidiary of the Bank. The required disclosures under ASC 805 are omitted herein since the initial accounting for the business combination is not available. These disclosures will be included in our Annual Report on Form 10-K for the year ended December 31, 2021. The transaction makes the Bank a leading player in the United States Department of Agriculture Business and Industry lending program. It furthers the Company’s strategy of diversifying revenue streams and providing meaningful gain on sale and loan servicing fees. The Company will leverage NAC’s loan sourcing technology to further enhance the Company’s products and services. Additionally, the Company will provide additional resources and expertise to complement NAC’s experienced team.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Veritex Holdings, Inc. and its subsidiaries, including Veritex Community Bank. 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. Intercompany transactions and balances are eliminated in consolidation. In management’s opinion, these unaudited condensed consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair statement of the Company’s condensed consolidated balance sheets at September 30, 2021 and December 31, 2020, condensed consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2021 and 2020, condensed consolidated statements of changes in stockholders’ equity for the three and nine months ended September 30, 2021 and 2020 and condensed consolidated statements of cash flows for the nine months ended September 30, 2021 and 2020. Accounting measurements at interim dates inherently involve greater reliance on estimates than at year end and the results for the interim periods shown herein 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 unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information and the instructions to Quarterly Reports on Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). These 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, 2020 included in the Company’s Annual Report on Form 10-K, as filed with the SEC on February 26, 2021.
Segment Reporting	Segment Reporting The Company has one reportable segment. All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each activity 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 an analysis of the Bank as one segment or unit. The Company’s chief operating decision-maker, the Chief Executive Officer, uses the consolidated results to make operating and strategic decisions.
Reclassifications	Reclassifications Certain items in the Company’s prior year financial statements were reclassified to conform to the current presentation including the reclassification on the condensed consolidated statements of income from rental income to other income of $502 and $1,600 during the three and nine months ended September 30, 2020, respectively.
Earnings Per Share ("EPS")	Earnings Per Share (“EPS”)EPS are based upon the weighted average shares outstanding.
Equity Method Investments	Equity Method Investments The Company applies the equity method of accounting to investments when the Company has significant influence, but not a controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s equity method investments are reported at cost and include direct transaction costs to make the investment. Equity method investments are subsequently adjusted each period for the Company’s proportionate share of the investee’s income or loss, which includes an elimination by the Company of any intra-entity profits and losses In addition, the Company’s subsequent proportionate share of other comprehensive income or loss is reported in the Company’s condensed consolidated statements of comprehensive income with a corresponding adjustment to the equity method investment. Any dividends received on the investment are recognized as a reduction to the carrying amount of the investment. The difference between the cost of an investment and the amount of underlying equity in net assets of the investee represents an equity method basis difference, which shall be accounted for as if the investee were consolidated. The Company accounts for the equity method basis difference as equity method goodwill. The Company assesses equity method investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. On July 16, 2021, the Bank acquired a 49% interest in Thrive Mortgage, LLC (“Thrive”) for $54,914 in cash and obtained the right to designate a member to Thrive’s board of directors. As a result of the investment, the Company has a $35,816 basis difference which is being accounted for as equity method goodwill. The Company had $59,436 in equity method investments as of September 30, 2021 reported in “other assets” in the condensed consolidated balance sheets. The Company’s proportionate share of the income (loss) resulting from these investments for the three and nine months ended September 30, 2021 was $4,522 and is reported under the line item captioned “equity method investment income (loss)” in the Company’s condensed consolidated statements of income.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2019-12, "Income Taxes (Topic 740)" ("ASU 2019-12") simplifies the accounting for income taxes by removing certain exceptions and improves the consistent application of GAAP by clarifying and amending other existing guidance. ASU 2019-12 was effective for us on January 1, 2021 and did not have a significant impact on our consolidated financial statements and related disclosures. ASU 2020-04, "Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting" ("ASU 2020-04") amendments provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference the London Interbank Offered Rate ("LIBOR") or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective upon issuance and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. The adoption of ASU 2020-04 did not significantly impact our consolidated financial statements and related disclosures. ASU 2020-08, “Codification Improvements to Subtopic 310-20, Receivables - Nonrefundable Fees and Other Costs” ("ASU 2020-08") clarifies the accounting for the amortization of purchase premiums for callable debt securities with multiple call dates. ASU 2020-08 was effective for us on January 1, 2021 and did not have a significant impact on our consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and 2020: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Earnings (numerator) Net income $ 36,835 $ 22,920 $ 98,078 $ 51,082 Shares (denominator) Weighted average shares outstanding for basic EPS 49,423 49,647 49,431 49,989 Dilutive effect of employee stock-based awards 883 128 799 188 Adjusted weighted average shares outstanding 50,306 49,775 50,230 50,177 EPS: Basic $ 0.75 $ 0.46 $ 1.98 $ 1.02 Diluted $ 0.73 $ 0.46 $ 1.95 $ 1.02

Supplemental Statement of Cas_2

Supplemental Statement of Cash Flows (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 2020 (in thousands) Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 25,784 $ 45,720 Cash paid for income taxes 8,215 32,590 Supplemental Disclosures of Non-Cash Flow Information: Setup of ROU asset and lease liability $ 4,552 $ — Net foreclosure of other real estate owned and repossessed assets 334 4,100 Transfer of other real estate owned to other assets for losses incurred upon sale and expected to be collected from the SBA — 327

Share Transactions (Tables)

Share Transactions (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Schedule of Share Repurchases	Share repurchases during the periods indicated are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Number of shares repurchased 328,122 — 475,744 2,002,211 Weighted average price per share $ 34.85 $ — $ 32.36 $ 24.78

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of Gross Unrealized Gain Recognized on Equity Securities	The gross unrealized (loss) gain recognized on equity securities with readily determinable fair values recorded in other noninterest income in the Company’s condensed consolidated statements of income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Unrealized (loss) gain recognized on equity securities with a readily determinable fair value $ (84) $ 299 $ (220) $ 512
Schedule of Carrying Amount and Approximate Fair Values of Available-for-Sale Securities	The amortized cost, related gross unrealized gains and losses, allowance for credit losses (“ACL”) and the fair value of available for sale and held to maturity securities are as follows: September 30, 2021 Amortized Gross Gross ACL Fair Value Available for sale Corporate bonds $ 195,494 $ 10,723 $ 97 $ — $ 206,120 Municipal securities 116,495 7,627 271 — 123,851 Mortgage-backed securities 134,160 5,379 1,497 — 138,042 Collateralized mortgage obligations 457,209 17,523 1,857 — 472,875 Asset-backed securities 55,816 2,015 320 — 57,511 Collateralized loan obligations 50,135 7 53 — 50,089 $ 1,009,309 $ 43,274 $ 4,095 $ — $ 1,048,488 September 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses ACL Fair Value Held to maturity Mortgage-backed securities $ 21,483 $ 72 $ 336 $ — $ 21,219 Collateralized mortgage obligations 5,512 626 — — 6,138 Municipal securities 28,262 1,949 98 — 30,113 $ 55,257 $ 2,647 $ 434 $ — $ 57,470 The Company did not transfer any debt securities from available for sale to held to maturity at fair value during the three and nine months ended September 30, 2021. December 31, 2020 Amortized Gross Gross ACL Fair Value Available for sale Corporate bonds $ 173,050 $ 6,417 $ 1,297 $ — $ 178,170 Municipal securities 115,533 10,129 6 — 125,656 Mortgage-backed securities 240,320 16,047 42 — 256,325 Collateralized mortgage obligations 388,080 20,895 66 — 408,909 Asset-backed securities 52,335 2,934 — — 55,269 $ 969,318 $ 56,422 $ 1,411 $ — $ 1,024,329 December 31, 2020 Amortized Gross Gross ACL Fair Value Held to maturity Mortgage-backed securities $ 6,982 $ 849 $ — $ — $ 7,831 Collateralized mortgage obligations 1,620 103 — — 1,723 Municipal securities 22,270 2,459 — — 24,729 $ 30,872 $ 3,411 $ — $ — $ 34,283
Schedule of Investment Securities That Have Been in a Continuous Unrealized Loss Position	The following tables disclose the Company’s available for sale debt securities in an unrealized loss position for which an ACL has not been recorded, aggregated by investment category and length of time that individual securities have been in a continuous loss position: September 30, 2021 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Available for sale Corporate bonds $ 7,153 $ 97 $ — $ — $ 7,153 $ 97 Municipal securities 15,165 262 2,225 9 17,390 271 Mortgage-backed securities 46,939 1,497 46,939 1,497 Collateralized mortgage obligations 91,055 1,857 — — 91,055 1,857 Asset-backed securities 11,560 320 — — 11,560 320 Collateralized loan obligations 32,714 53 — — 32,714 53 $ 204,586 $ 4,086 $ 2,225 $ 9 $ 206,811 $ 4,095 Held to maturity Mortgage-backed securities $ 19,743 $ 336 $ — $ — $ 19,743 $ 336 Municipal securities 6,794 98 — — 6,794 98 $ 26,537 $ 434 $ — $ — $ 26,537 $ 434 December 31, 2020 Less Than 12 Months 12 Months or More Totals Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss Available for sale Municipal securities $ 2,667 $ 6 $ — $ — $ 2,667 $ 6 Corporate bonds 31,953 1,297 — — 31,953 1,297 Mortgage-backed securities 34,402 108 — — 34,402 108 $ 69,022 $ 1,411 $ — $ — $ 69,022 $ 1,411
Schedule of Amortized Costs and Estimated Fair Values of Securities Available for Sale, By Contractual Maturity	Therefore, these securities are not included in the maturity categories below. September 30, 2021 Available for Sale Held to Maturity Amortized Fair Amortized Fair Due from one year to five years $ 5,193 $ 5,273 $ — $ — Due from five years to ten years 175,310 184,513 3,860 4,141 Due after ten years 131,486 140,185 24,402 25,972 311,989 329,971 28,262 30,113 Mortgage-backed securities and collateralized mortgage obligations 591,369 610,917 26,995 27,357 Asset-backed securities 55,816 57,511 — — Collateralized loan obligations 50,135 50,089 — — $ 1,009,309 $ 1,048,488 $ 55,257 $ 57,470 December 31, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Due from one year to five years $ 4,935 $ 5,139 $ — $ — Due from five years to ten years 154,576 158,510 3,334 3,591 Due after ten years 129,072 140,177 18,936 21,138 288,583 303,826 22,270 24,729 Mortgage-backed securities and collateralized mortgage obligations 628,400 665,234 8,602 9,554 Asset-backed securities 52,335 55,269 — — $ 969,318 $ 1,024,329 $ 30,872 $ 34,283
Schedule of Proceeds From Sales of Debt Securities Available for Sale and Gross Gains and Losses	Proceeds from sales of debt securities available for sale and gross gains and losses for the nine months ended September 30, 2021 and 2020 were as follows: Nine Months Ended September 30, 2021 2020 Proceeds for sales $ 13,300 $ 90,897 Gross realized gains — 2,879 Gross realized losses 188 —

Loans Held for Investment and_2

Loans Held for Investment and ACL (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Summary of Loans in the Accompanying Consolidated Balance Sheets	Loans held for investment in the accompanying condensed consolidated balance sheets are summarized as follows: September 30, 2021 December 31, 2020 Loans held for investment, carried at amortized cost: Real estate: Construction and land $ 936,174 $ 693,030 Farmland 73,550 13,844 1 - 4 family residential 543,518 524,344 Multi-family residential 356,885 424,962 Owner occupied commercial (“OOCRE”) 711,476 717,472 Non-owner occupied commercial (“NOOCRE”) 2,194,438 1,904,132 Commercial 1,793,740 1,559,546 MW 615,045 577,594 Consumer 14,266 13,000 7,239,092 6,427,924 Deferred loan fees, net (8,142) (2,468) ACL (93,771) (105,084) Loans held for investment carried at amortized cost, net 7,137,179 6,320,372 Loans held for investment, carried at fair value: PPP loans 135,842 358,042 Total loans held for investment, net $ 7,273,021 $ 6,678,414
Schedule of Government Guaranteed Loans and Fee Income	The following table summarizes the PPP fee income which is included in government guaranteed loan income, net on the accompanying condensed consolidated statements of income and the net gain (loss) due to the change in the fair value of PPP loans, which is included in government guaranteed loan income, net, on the accompanying condensed consolidated statements of income and in change in fair value of government guaranteed loans using fair value option on the accompanying condensed consolidated statements of cash flows. September 30, 2021 September 30, 2020 Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended PPP fee income $ 69 $ 7,697 $ 295 $ 12,811 Net gain (loss) due to the change in fair value 782 1,117 (33) (2,038)
Schedule of Activity in Allowance for Credit Loss	The activity in the ACL related to loans held for investment is as follows: Three Months Ended September 30, 2021 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of period $ 7,280 $ 46 $ 6,660 $ 4,187 $ 11,324 $ 37,242 $ 32,560 $ 244 $ 99,543 Credit loss expense non-PCD loans (250) 190 (92) (524) 498 197 789 (3) 805 Credit loss expense PCD loans (19) — (11) — (21) (135) (613) (6) (805) Charge-offs — — (64) — (813) — (5,508) (17) (6,402) Recoveries — — 26 — — — 596 8 630 Ending Balance $ 7,011 $ 236 $ 6,519 $ 3,663 $ 10,988 $ 37,304 $ 27,824 $ 226 $ 93,771 Three Months Ended September 30, 2020 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of period $ 9,021 $ 63 $ 10,777 $ 6,428 $ 13,886 $ 36,067 $ 38,577 $ 546 $ 115,365 Credit loss expense non-PCD loans 610 7 (142) 268 662 (85) 11,425 29 12,774 Credit loss expense PCD loans (41) — (37) — (3,578) (161) (271) 6 (4,082) Charge-offs — — — — (2,421) — (68) (11) (2,500) Recoveries — — 7 — — — 14 13 34 Ending Balance $ 9,590 $ 70 $ 10,605 $ 6,696 $ 8,549 $ 35,821 $ 49,677 $ 583 $ 121,591 Nine Months Ended September 30, 2021 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of year $ 7,768 $ 56 $ 8,148 $ 6,231 $ 9,719 $ 35,237 $ 37,554 $ 371 $ 105,084 Credit loss expense non-PCD loans (737) 180 (1,106) (2,568) 1,291 3,676 2,436 (133) 3,039 Credit loss expense PCD loans (20) — (208) — 980 (1,609) (2,173) (9) (3,039) Charge-offs — — (367) — (1,502) — (11,474) (55) (13,398) Recoveries — — 52 — 500 — 1,481 52 2,085 Ending Balance $ 7,011 0 $ 236 $ 6,519 $ 3,663 $ 10,988 $ 37,304 $ 27,824 $ 226 $ 93,771 Nine Months Ended September 30, 2020 Construction and Land Farmland Residential Multifamily OOCRE NOOCRE Commercial Consumer Total Balance at beginning of year $ 3,822 $ 61 $ 1,378 $ 1,965 $ 1,978 $ 8,139 $ 12,369 $ 122 $ 29,834 Impact of adopting ASC 326 non-PCD loans (707) 4 3,716 628 3,406 5,138 7,025 217 19,427 Impact of adoption ASC 326 PCD loans 645 — 908 — 7,682 2,037 8,335 103 19,710 Credit loss expense non-PCD loans 6,393 5 4,955 4,103 3,177 17,294 22,853 3 58,783 Credit loss expense PCD loans (563) — (360) — (5,273) 3,213 853 (13) (2,143) Charge-offs — — — — (2,421) — (1,808) (136) (4,365) Recoveries — — 8 — — — 50 287 345 Ending Balance $ 9,590 $ 70 $ 10,605 $ 6,696 $ 8,549 $ 35,821 $ 49,677 $ 583 $ 121,591
Schedule of Amortized Cost Basis of Collateral Dependent Loans	The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of September 30, 2021 and December 31, 2020, were as follows: September 30, 2021 December 31, 2020 Real Property (1) ACL Allocation Real Property (1) ACL Allocation Real estate: 1 - 4 family residential $ 1,185 $ — $ 199 $ 11 NOOCRE 19,023 6,147 16,080 — Commercial 2,366 1,134 8,666 4,668 Consumer 1,063 — 143 50 Total $ 23,637 $ 7,281 $ 25,088 $ 4,729
Schedule of Non-Accrual Loans	Nonaccrual loans aggregated by class of loans, as of September 30, 2021 and December 31, 2020, were as follows: September 30, 2021 December 31, 2020 Nonaccrual Nonaccrual With No ACL Nonaccrual Nonaccrual With No ACL Real estate: Construction and land $ 1,185 $ 1,185 $ — $ — 1 - 4 family residential 998 998 3,308 3,199 OOCRE 16,890 16,317 6,266 5,645 NOOCRE 31,630 201 40,830 19,213 Commercial 20,411 2,617 29,318 1,015 Consumer 1,203 1,191 1,374 1,220 Total $ 72,317 $ 22,509 $ 81,096 $ 30,292
Schedule of Age Analysis of Past Due Loans, Aggregated by Class of Loans	An age analysis of past due loans, aggregated by class of loans and including past due nonaccrual loans, as of September 30, 2021 and December 31, 2020, is as follows: September 30, 2021 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current PCD Total Total 90 Days Past Due and Still Accruing (1) Real estate: Construction and land $ — $ — $ 1,185 $ 1,185 $ 932,563 $ 2,426 $ 936,174 $ — Farmland — — — — 73,550 — 73,550 — 1 - 4 family residential 93 179 2,615 2,887 539,425 1,206 543,518 1,711 Multi-family residential — — — — 356,885 — 356,885 — OOCRE 3,154 2,727 11,728 17,609 665,110 28,757 711,476 — NOOCRE 2,740 — 12,607 15,347 2,153,336 25,755 2,194,438 — Commercial 11,809 347 8,439 20,595 1,758,630 14,515 1,793,740 — MW 119 — — 119 614,926 — 615,045 — Consumer 108 86 1,074 1,268 12,817 181 14,266 — Total $ 18,023 $ 3,339 $ 37,648 $ 59,010 $ 7,107,242 $ 72,840 $ 7,239,092 $ 1,711 (1) Loans 90 days past due and still accruing excludes $12,918 of pooled PCD loans as of September 30, 2021 that transitioned upon adoption of ASC 326. December 31, 2020 30 to 59 Days 60 to 89 Days 90 Days or Greater Total Past Due Total Current PCD Total Total 90 Days Past Due and Still Accruing (1) Real estate: Construction and land $ — $ — $ — $ — $ 690,345 $ 2,685 $ 693,030 $ — Farmland — — — — 13,844 — 13,844 — 1 - 4 family residential 2,338 122 4,802 7,262 508,341 8,741 524,344 1,670 Multi-family residential — — — — 424,962 — 424,962 — OOCRE 2,278 2,143 2,814 7,235 672,246 37,991 717,472 1,280 NOOCRE 7,675 2,911 17,586 28,172 1,832,784 43,176 1,904,132 — Commercial 1,983 1,431 20,360 23,774 1,516,312 19,460 1,559,546 1,230 MW — — — — 577,594 — 577,594 — Consumer 75 77 1,338 1,490 11,308 202 13,000 24 Total $ 14,349 $ 6,684 $ 46,900 $ 67,933 $ 6,247,736 $ 112,255 $ 6,427,924 $ 4,204 (1) Loans 90 days past due and still accruing excludes $32,627 of PCD loans accounted for on a pooled basis as of December 31, 2020.
Schedule of Loans Modified as TDRs	The following table presents the pre- and post-modification amortized cost of loans modified as TDRs during the three and nine months ended September 30, 2021 and 2020. Adjusted Payment Structure Payment Deferrals Total Modifications Number of Loans Three and Nine Months Ended September 30, 2021 Commercial $ 192 $ — $ 192 1 Three Months Ended September 30, 2020 Commercial real estate $ 5,145 $ 19,359 $ 24,504 8 Nine Months Ended September 30, 2020 Commercial real estate $ 5,145 $ 19,359 $ 24,504 8 Commercial 1,440 1,337 2,777 3 $ 6,585 $ 20,696 $ 27,281 11
Summary of Internal Ratings of Loans, Including Purchased Credit Impaired Loans	Based on the most recent analysis performed, the risk category of loans by class of loans based on year or origination is as follows: Term Loans Amortized Cost Basis by Origination Year 1 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of September 30, 2021 Construction and land: Pass $ 221,411 $ 416,653 $ 165,620 $ 79,393 $ 5,819 $ 32,833 $ 7,956 $ 988 $ 930,673 Special mention — 1,574 — 316 — — — — 1,890 Substandard — — — 1,185 — — — — 1,185 PCD — — — — — 2,426 — — 2,426 Total construction and land $ 221,411 $ 418,227 $ 165,620 $ 80,894 $ 5,819 $ 35,259 $ 7,956 $ 988 $ 936,174 Farmland: Pass $ 61,549 $ 528 $ 428 $ 3,367 $ 2,990 $ 3,453 $ 1,235 $ — $ 73,550 Total farmland $ 61,549 $ 528 $ 428 $ 3,367 $ 2,990 $ 3,453 $ 1,235 $ — $ 73,550 1 - 4 family residential: Pass $ 141,686 $ 110,136 $ 67,341 $ 71,399 $ 29,487 $ 99,293 $ 13,076 $ 5,950 $ 538,368 Special mention — — — — — 360 — — 360 Substandard — — — 1,711 81 903 889 — 3,584 PCD — — — — — 1,206 — — 1,206 Total 1 - 4 family residential $ 141,686 $ 110,136 $ 67,341 $ 73,110 $ 29,568 $ 101,762 $ 13,965 $ 5,950 $ 543,518 Multi-family residential: Pass $ 60,933 $ 66,493 $ 86,509 $ 80,777 $ 13,634 $ 27,196 $ 51 $ — $ 335,593 Special mention — — — 21,292 — — — — 21,292 Total multi-family residential $ 60,933 $ 66,493 $ 86,509 $ 102,069 $ 13,634 $ 27,196 $ 51 $ — $ 356,885 OOCRE: Pass $ 95,473 $ 143,616 $ 59,589 $ 57,823 $ 61,504 $ 190,014 $ 2,572 $ 2,998 $ 613,589 Special mention — — 1,064 19,939 329 7,951 — — 29,283 Substandard — 412 — 25,545 1,153 12,738 — — 39,848 PCD — 1,397 — — 7,320 20,039 — — 28,756 Total OOCRE $ 95,473 $ 145,425 $ 60,653 $ 103,307 $ 70,306 $ 230,742 $ 2,572 $ 2,998 $ 711,476 NOOCRE: Pass $ 517,272 $ 305,853 $ 256,528 $ 416,144 $ 93,726 $ 388,677 $ 9,161 $ 1,585 $ 1,988,946 Special mention — 238 9,400 11,287 22,031 46,039 493 — 89,488 Substandard — 1,314 1,781 26,113 1,337 47,214 12,406 — 90,165 PCD — — — 18,939 — 6,900 — — 25,839 Total NOOCRE $ 517,272 $ 307,405 $ 267,709 $ 472,483 $ 117,094 $ 488,830 $ 22,060 $ 1,585 $ 2,194,438 Commercial: Pass $ 336,092 $ 237,949 $ 146,110 $ 75,481 $ 13,658 $ 56,443 $ 810,012 $ 13,678 $ 1,689,423 Special mention 903 4,432 1,276 8,840 8,789 1,958 3,728 3,353 33,279 Substandard 11,869 1,053 3,089 13,096 6,025 3,742 17,542 3,926 60,342 PCD — — — 325 1,943 8,428 — — 10,696 Total commercial $ 348,864 $ 243,434 $ 150,475 $ 97,742 $ 30,415 $ 70,571 $ 831,282 $ 20,957 $ 1,793,740 MW: Pass $ — $ — $ — $ — $ — $ — $ 613,727 $ — $ 613,727 Substandard — — — — — — 1,318 — 1,318 Total MW $ — $ — $ — $ — $ — $ — $ 615,045 $ — $ 615,045 Consumer: Pass $ 5,046 $ 1,670 $ 665 $ 490 $ 2,982 $ 803 $ 1,036 $ 22 $ 12,714 Special mention — — — — 83 15 — — 98 Substandard — — 3 2 152 52 1,064 — 1,273 PCD — — — — 25 156 — — 181 Total consumer $ 5,046 $ 1,670 $ 668 $ 492 $ 3,242 $ 1,026 $ 2,100 $ 22 $ 14,266 Total Pass $ 1,439,462 $ 1,282,898 $ 782,790 $ 784,874 $ 223,800 $ 798,712 $ 1,458,826 $ 25,221 $ 6,796,583 Total Special Mention 903 6,244 11,740 61,674 31,232 56,323 4,221 3,353 175,690 Total Substandard 11,869 2,779 4,873 67,652 8,748 64,649 33,219 3,926 197,715 Total PCD — 1,397 — 19,264 9,288 39,155 — — 69,104 Total $ 1,452,234 $ 1,293,318 $ 799,403 $ 933,464 $ 273,068 $ 958,839 $ 1,496,266 $ 32,500 $ 7,239,092 1 Term loans amortized cost basis by origination year excludes $8,142 of deferred loan fees, net . Term Loans Amortized Cost Basis by Origination Year 1 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Total As of December 31, 2020 Construction and land: Pass $ 155,358 $ 282,497 $ 179,372 $ 11,791 $ 9,938 $ 27,147 $ 21,066 $ — $ 687,169 Special mention — — 2,666 — — — — — 2,666 Substandard — — 510 — — — — — 510 PCD — — — — — 2,685 — — 2,685 Total construction and land $ 155,358 $ 282,497 $ 182,548 $ 11,791 $ 9,938 $ 29,832 $ 21,066 $ — $ 693,030 Farmland: Pass $ 867 $ 972 $ 3,367 $ 3,688 $ — $ 3,656 $ 1,294 $ — $ 13,844 Total farmland $ 867 $ 972 $ 3,367 $ 3,688 $ — $ 3,656 $ 1,294 $ — $ 13,844 1 - 4 family residential: Pass $ 120,580 $ 79,617 $ 91,890 $ 49,338 $ 31,936 $ 115,797 $ 19,065 $ 2,968 $ 511,191 Special mention — 1,077 154 760 — 687 — — 2,678 Substandard — — 142 668 — — 924 — 1,734 PCD — — — — — 8,741 — — 8,741 Total 1 - 4 family residential $ 120,580 $ 80,694 $ 92,186 $ 50,766 $ 31,936 $ 125,225 $ 19,989 $ 2,968 $ 524,344 Multi-family residential: Pass $ 107,332 $ 106,559 $ 139,721 $ 18,722 $ 32,672 $ 7,218 $ 58 $ — $ 412,282 Special mention — — 12,680 — — — — — 12,680 Total multi-family residential $ 107,332 $ 106,559 $ 152,401 $ 18,722 $ 32,672 $ 7,218 $ 58 $ — $ 424,962 OOCRE: Pass $ 113,741 $ 65,262 $ 75,940 $ 79,253 $ 79,202 $ 176,668 $ 5,532 $ — $ 595,598 Special mention — 948 22,725 3,701 12,860 4,326 — — 44,560 Substandard 370 — 10,579 3,830 11,315 6,822 201 6,206 39,323 PCD — — — — 7,951 30,040 — — 37,991 Total OOCRE $ 114,111 $ 66,210 $ 109,244 $ 86,784 $ 111,328 $ 217,856 $ 5,733 $ 6,206 $ 717,472 NOOCRE: Pass $ 361,246 $ 255,976 $ 445,079 $ 90,738 $ 174,893 $ 309,572 $ 13,413 $ — $ 1,650,917 Special mention 101 31,714 37,572 19,262 25,997 37,951 493 — 153,090 Substandard 1,226 0 9,850 0 4,562 4,108 — 23,098 14,105 — 56,949 PCD — — 18,744 — 6,652 17,780 — — 43,176 Total NOOCRE $ 362,573 $ 297,540 $ 505,957 $ 114,108 $ 207,542 $ 388,401 $ 28,011 $ — $ 1,904,132 Commercial: Pass $ 251,004 $ 158,158 $ 112,961 $ 50,734 $ 19,821 $ 41,856 $ 758,832 $ 13,400 $ 1,406,766 Special mention 1,306 2,539 8,224 10,033 1,201 2,165 26,922 3,670 56,060 Substandard 722 4,487 23,245 3,772 7,216 2,083 30,460 5,275 77,260 PCD — — — 3,382 4,196 11,882 — — 19,460 Total commercial $ 253,032 $ 165,184 $ 144,430 $ 67,921 $ 32,434 $ 57,986 $ 816,214 $ 22,345 $ 1,559,546 MW: Pass $ — $ — $ — $ — $ — $ — $ 577,594 $ — $ 577,594 Total MW $ — $ — $ — $ — $ — $ — $ 577,594 $ — $ 577,594 Consumer: Pass $ 2,489 $ 1,216 $ 1,038 $ 3,899 $ 887 $ 353 $ 1,475 $ — $ 11,357 Special mention — — — — 25 227 — — 252 Substandard — — — 60 — 66 1,063 — 1,189 PCD — — — 36 — 166 — — 202 Total consumer $ 2,489 $ 1,216 $ 1,038 $ 3,995 $ 912 $ 812 $ 2,538 $ — $ 13,000 Total Pass $ 1,112,617 $ 950,257 $ 1,049,368 $ 308,163 $ 349,349 $ 682,267 $ 1,398,329 $ 16,368 $ 5,866,718 Total Special Mention 1,407 36,278 84,021 33,756 40,083 45,356 27,415 3,670 271,986 Total Substandard 2,318 14,337 39,038 12,438 18,531 32,069 46,753 11,481 176,965 Total PCD — — 18,744 3,418 18,799 71,294 — — 112,255 Total $ 1,116,342 $ 1,000,872 $ 1,191,171 $ 357,775 $ 426,762 $ 830,986 $ 1,472,497 $ 31,519 $ 6,427,924 1 Term loans amortized cost basis by origination year excludes $2,468 of deferred loan fees, net.
Schedule of Summary of Changes in Servicing Assets	A summary of the changes in the related servicing assets are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Balance at beginning of period $ 3,725 $ 2,940 $ 3,363 $ 3,113 Increase from loan sales 157 705 541 836 Net (impairment) recovery (95) 244 117 138 Amortization charged as a reduction to income (212) (104) (446) (302) Balance at end of period $ 3,575 $ 3,785 $ 3,575 $ 3,785

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and December 31, 2020, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: September 30, 2021 Level 1 Level 2 Level 3 Total Financial Assets: Available for sale debt securities $ — $ 1,048,488 $ — $ 1,048,488 Equity securities with a readily determinable fair value 11,143 — — 11,143 PPP loans — 135,842 — 135,842 Loans held for sale (1) — 15,252 — 15,252 Interest rate swaps designated as hedging instruments — 5,095 — 5,095 Correspondent interest rate swaps not designated as hedging instruments — 581 — 581 Customer interest rate swaps not designated as hedging instruments — 4,951 — 4,951 Correspondent interest rate caps and collars not designated as hedging instruments — — — — Financial Liabilities: Correspondent interest rate swaps not designated as hedging instruments $ — $ 5,250 $ — $ 5,250 Customer interest rate swaps not designated as hedging instruments — 531 — 531 Customer interest rate caps and collars not designated as hedging instruments — — — — (1) Represents loans held for sale elected to be carried at fair value upon origination or acquisition. December 31, 2020 Level 1 Level 2 Level 3 Total Financial Assets: Available for sale debt securities $ — $ 1,024,329 $ — $ 1,024,329 Equity securities with a readily determinable fair value 11,363 — — 11,363 PPP loans — 358,042 — 358,042 Loans held for sale (1) — 6,681 — 6,681 Interest rate swap designated as hedging instruments — 17,543 — 17,543 Customer interest rate swaps not designated as hedging instruments — 10,937 — 10,937 Correspondent interest rate caps and collars not designated as hedging instruments — 1 — 1 Financial Liabilities: Interest rate swap designated as hedging instruments $ — $ 2,255 $ — $ 2,255 Correspondent interest rate swaps not designated as hedging instruments — 11,666 — 11,666 Customer interest rate caps and collars not designated as hedging instruments — 1 — 1 (1) Represents loans held for sale elected to be carried at fair value upon origination or acquisition.
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 at September 30, 2021 and December 31, 2020, 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, 2021 Assets: Collateral dependent loans with an ACL $ — $ — $ 16,356 $ 16,356 Servicing assets with a valuation allowance — — 2,944 2,944 As of December 31, 2020 Assets: Collateral dependent loans with an ACL $ — $ — $ 2,386 $ 2,386 Servicing assets with a valuation allowance — — 2,975 2,975
Schedule of Estimated Fair Values and Carrying Values of All Financial Instruments	The estimated fair values and carrying values of all financial instruments not measured at fair value on a recurring basis under current authoritative guidance as of September 30, 2021 and December 31, 2020 were as follows: Fair Value Carrying Level 1 Level 2 Level 3 September 30, 2021 Financial assets: Cash and cash equivalents $ 229,712 $ — $ 229,712 $ — Held to maturity debt securities 55,257 — 57,470 — Securities purchased under agreements to resell 103,692 — 103,692 — Loans held for sale (1) 3,644 — 3,644 — Loans held for investment (2) 7,226,209 — — 7,172,716 Accrued interest receivable 21,985 — 21,985 — Bank-owned life insurance 83,781 — 83,781 — Servicing asset 631 — 631 — Equity securities without a readily determinable fair value 4,130 N/A N/A N/A FHLB and FRB stock 71,803 N/A N/A N/A Financial liabilities: Deposits $ 7,178,752 $ — $ 7,058,094 $ — Advances from FHLB 777,601 — 788,525 — Accrued interest payable 1,231 — 1,231 — Subordinated debentures and subordinated notes 262,761 — 262,761 — Securities sold under agreement to repurchase 2,455 — 2,433 — December 31, 2020 Financial assets: Cash and cash equivalents $ 230,825 $ — $ 230,825 $ — Held to maturity debt securities 30,872 — 34,283 — Loans held for sale (1) 14,733 — 14,733 — Loans held for investment (2) 6,317,986 — — 6,335,402 Accrued interest receivable 23,798 — 23,798 — Bank-owned life insurance 82,855 — 82,855 — Servicing asset 388 — 486 — Equity securities without a readily determinable fair value 3,575 N/A N/A N/A FHLB and FRB stock 71,236 N/A N/A N/A Financial liabilities: Deposits $ 6,512,846 $ — $ 6,608,849 $ — Advances from FHLB 777,718 — 782,321 — Accrued interest payable 2,665 — 2,665 — Subordinated debentures and subordinated notes 262,778 — 262,778 — Securities sold under agreement to repurchase 2,225 — 2,199 — (1) Loans held for sale represent mortgage loans held for sale that are carried at lower of cost or market. (2) Loans held for investment includes MW and is carried at amortized cost.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Balance Sheet	The notional amounts and estimated fair values as of September 30, 2021 and December 31, 2020 are as shown in the table below. September 30, 2021 December 31, 2020 Estimated Fair Value Estimated Fair Value Notional Asset Derivative Liability Derivative Notional Asset Derivative Liability Derivative Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ — $ — $ — $ 500,000 $ 17,543 $ — Interest rate swap on money market deposit account payments 250,000 1,712 — 250,000 — 2,255 Interest rate swap on customer loan interest payments 125,000 159 — — — — Interest rate swap on customer loan interest payments 125,000 496 — — — — Interest rate swap on customer loan interest payments 125,000 2,728 — — — — Total derivatives designated as hedging instruments $ 625,000 $ 5,095 $ — $ 750,000 $ 17,543 $ 2,255 Derivatives not designated as hedging instruments: Financial institution counterparty: Interest rate swaps $ 310,738 $ 581 $ 5,250 $ 303,918 $ — $ 11,666 Interest rate caps and collars 41,916 — — 41,916 1 — Commercial customer counterparty: Interest rate swaps 310,738 4,951 531 303,918 10,937 — Interest rate caps and collars 41,916 — — 41,916 — 1 Total derivatives not designated as hedging instruments $ 705,308 $ 5,532 $ 5,781 $ 691,668 $ 10,938 $ 11,667 Offsetting derivative assets/liabilities (4,500) (4,500) 1 1 Total derivatives $ 1,330,308 $ 6,127 $ 1,281 $ 1,441,668 $ 28,482 $ 13,923
Derivative Instruments, Gain (Loss)	Pre-tax gain (loss) included in the condensed consolidated statements of income and related to derivative instruments for the three and nine months ended September 30, 2021 and 2020 were as follows. For the Three Months Ended For the Three Months Ended (Loss) gain recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income (Loss) recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ — $ — Interest Expense $ 4,096 $ — Interest Expense Interest rate swap on money market deposit account payments 403 (195) Interest Expense 562 (194) Interest Income Commercial loan interest rate floor — — Interest Income (553) 553 Interest Income Interest rate swaps on customer loan interest payments (3,234) 2,325 Interest Income — — Total $ (2,831) $ 2,130 $ 4,105 $ 359 Net gain recognized in other noninterest income Net gain recognized in other noninterest income Derivatives not designated as hedging instruments: Interest rate swaps, caps and collars $ 1,023 $ 1,651 For the Nine Months Ended For the Nine Months Ended Gain recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Gain (loss) recognized in other comprehensive income on derivative (Loss) gain reclassified from accumulated other comprehensive income into income Location of (loss) gain reclassified from accumulated other comprehensive income into income Derivatives designated as hedging instruments (cash flow hedges): Interest rate swap on borrowing advances $ 26,357 $ — Interest Expense $ 6,621 $ — Interest Expense Interest rate swap on money market deposit account payments 4,167 (601) Interest Expense (3,373) (409) Interest Expense Commercial loan interest rate floor — 866 Interest Income (78) 1,384 Interest Income Interest rate swaps on customer loan interest payments 2,317 2,541 Interest Income — — Total $ 32,841 $ 2,806 $ 3,170 $ 975 Derivatives not designated as hedging instruments: Net gain recognized in other noninterest income Net gain recognized in other noninterest income Interest rate swaps, caps and collars $ 1,213 $ 575
Schedule of Derivative Instruments Outstanding	The following is a summary of the interest rate swaps, caps and collars outstanding as of September 30, 2021 and December 31, 2020. September 30, 2021 Notional Amount Fixed Rate Floating Rate Maturity Fair Value Non-hedging derivative instruments: Customer interest rate derivative: Interest rate swaps - receive fixed/pay floating $ 310,738 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% Wtd. Avg. 4.9 years $ (4,669) Interest rate caps and collars $ 41,916 2.500% / 3.000% LIBOR 1 month + 0.00% Wtd. Avg. 0.8 years $ — Correspondent interest rate derivative: Interest rate swaps - pay fixed/receive floating $ 310,738 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% Wtd. Avg. 4.9 years $ 4,420 Interest rate caps and collars $ 41,916 3.000% / 5.000% LIBOR 1 month + 0.000% - 2.500% Wtd. Avg. 0.8 years $ — December 31, 2020 Notional Amount Fixed Rate Floating Rate Maturity Fair Value Non-hedging derivative instruments: Customer interest rate derivative: Interest rate swaps - receive fixed/pay floating $ 303,918 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% PRIME H15 - 0.250% Wtd. Avg. 4.1 years $ (11,666) Interest rate caps and collars $ 41,916 2.500% / 3.000% LIBOR 1 month + 0.000% Wtd. Avg. 1.6 years $ 1 Correspondent interest rate derivative: Interest rate swaps - pay fixed/receive floating $ 303,918 3.140% - 8.470% LIBOR 1 month + 0.000% - 5.000% PRIME H15 - 25 Wtd. Avg. 4.1 years $ 10,937 Interest rate caps and collars $ 41,916 3.000% / 5.000% LIBOR 1 month + 0.000% - 2.500% Wtd. Avg. 1.6 years $ (1)

Off-Balance Sheet Loan Commit_2

Off-Balance Sheet Loan Commitments (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and December 31, 2020: September 30, December 31, 2021 2020 Commitments to extend credit $ 3,737,662 $ 2,743,571 MW commitments 659,329 354,603 Standby and commercial letters of credit 65,815 44,427 Total $ 4,462,806 $ 3,142,601
Schedule of Allowance for Unfunded Commitments	This allowance is recorded in accounts payable and other liabilities on the condensed consolidated balance sheets: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Beginning balance for ACL on unfunded commitments $ 10,754 $ 8,398 $ 10,747 $ 878 Impact of CECL adoption — — — 840 Provision for credit losses on unfunded commitments (448) 1,447 (441) 8,127 Ending balance of ACL on unfunded commitments $ 10,306 $ 9,845 $ 10,306 $ 9,845

Stock-Based Awards (Tables)

Stock-Based Awards (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Summary of Option Activity	A summary of option activity under the 2010 Incentive Plan for the nine months ended September 30, 2021 and 2020, and changes during the periods then ended, is presented below: 2010 Incentive Plan Non-Performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 257,500 $ 10.28 1.37 years Exercised (207,500) 10.14 Outstanding and exercisable at September 30, 2020 50,000 $ 10.84 1.91 years Outstanding at January 1, 2021 20,000 $ 10.09 1.06 years $ 374 Exercised (19,000) 10.00 Outstanding and exercisable at September 30, 2021 1,000 $ 10.43 1.32 years $ 145 A summary of the status of the Company’s stock options under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 849,768 $ 23.61 8.24 years Granted 170,025 27.31 Forfeited (23,735) 27.70 Exercised (33,439) 19.19 Outstanding at September 30, 2020 962,619 $ 24.32 7.77 years Options exercisable at September 30, 2020 492,204 $ 24.23 6.94 years Outstanding at January 1, 2021 975,801 $ 24.26 7.45 years $ 2,422 Granted 500 36.54 Cancelled (13,996) 25.93 Exercised (149,808) 23.42 Outstanding at September 30, 2021 812,497 $ 24.40 7.07 years $ 11,929 Options exercisable at September 30, 2021 507,597 $ 24.49 6.58 years $ 7,293 Weighted average fair value of options granted during the period $ 36.54 A summary of the status of the Company’s stock options under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 386,969 $ 19.30 7.86 years Granted 31,075 29.13 Forfeited (28,736) 21.38 Exercised (34,476) 19.54 Outstanding at September 30, 2020 354,832 $ 19.95 7.34 years Options exercisable at September 30, 2020 212,676 $ 17.84 6.46 years Outstanding at January 1, 2021 352,000 $ 19.99 6.97 years $ 2,124 Forfeited (7,245) 21.38 Exercised (64,017) 19.63 Outstanding at September 30, 2021 280,738 $ 20.03 6.19 years $ 5,457 Options exercisable at September 30, 2021 212,536 $ 18.84 5.74 years $ 4,362 A summary of the status of the Company’s stock options under the Green 2010 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: Green 2010 Plan Non-performance Based Stock Options Shares Weighted Weighted Aggregate Intrinsic Value Outstanding at January 1, 2020 571,735 $ 10.64 1.74 years Exercised (440,652) 10.35 Outstanding at September 30, 2020 131,083 $ 11.60 5.15 years Outstanding at January 1, 2021 131,083 $ 11.60 4.90 years $ 1,843 Exercised (62,742) 10.51 Outstanding at September 30, 2021 68,341 $ 12.60 2.35 years $ 1,829
Schedule of Fair Value of Stock Options Exercised or Restricted Stock Units Vested	A summary of the fair value of the Company’s stock options exercised under the 2010 Incentive Plan for the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised as of September 30, 2021 2020 Nonperformance-based stock options exercised $ 568 $ 5,851 Fair Value of Options Exercised, RSUs or PSUs Vested in the Nine Months Ended September 30, 2021 2020 Non-performance-based stock options exercised 4,909 943 RSUs vested 2,318 2,225 PSUs vested — 36 Fair Value of Options Exercised or RSUs Vested in the Nine Months Ended September 30, 2021 2020 Non-performance-based stock options exercised $ 1,898 $ 1,001 RSUs vested 713 828 A summary of the fair value of the Company’s stock options exercised under the Green 2010 Plan during the nine months ended September 30, 2021 and 2020 is presented below: Fair Value of Options Exercised as of September 30, 2021 2020 Nonperformance-based stock options exercised 1,838 12,231
Schedule of Share-based Compensation Expense	Stock compensation expense for options, RSUs and PSUs granted under the 2019 Amended Plan and the Veritex (Green) 2014 Plan was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 2019 Amended Plan $ 2,172 $ 1,588 $ 6,355 $ 4,468 Veritex (Green) 2014 Plan 494 490 1,481 1,413
Summary of Status of the Company's Restricted Stock Units and Performance-based Stock Units	A summary of the status of the Company’s RSUs under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan Non-performance-Based RSUs Units Weighted Outstanding at January 1, 2020 175,688 $ 21.65 Granted 436,818 26.92 Vested into shares (82,683) 23.24 Forfeited (470) 29.13 Outstanding at September 30, 2020 529,353 $ 25.16 Outstanding at January 1, 2021 441,132 $ 20.39 Granted 247,649 26.87 Vested into shares (89,819) 24.14 Forfeited (12,998) 26.24 Outstanding at September 30, 2021 585,964 $ 22.42 A summary of the status of the Company’s PSUs under the 2019 Amended Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: 2019 Amended Plan PSUs Units Weighted Outstanding at January 1, 2020 63,727 $ 22.76 Granted 39,398 29.13 Vested into shares (1,841) 26.65 Outstanding at September 30, 2020 101,284 $ 25.22 Outstanding at January 1, 2021 100,195 $ 23.20 Granted 56,276 25.94 Outstanding at September 30, 2021 156,471 $ 24.17 A summary of the status of the Company’s RSUs under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: RSUs Units Weighted Outstanding at January 1, 2020 116,250 $ 21.38 Granted 93,918 21.36 Vested into shares (38,744) 29.13 Forfeited (4,402) 29.13 Outstanding at September 30, 2020 167,022 $ 22.69 Outstanding at January 1, 2021 156,187 $ 22.64 Granted 5,692 26.12 Vested into shares (33,335) 21.38 Forfeited (5,760) 25.21 Outstanding at September 30, 2021 122,784 $ 21.13 A summary of the status of the Company’s PSUs under the Veritex (Green) 2014 Plan as of September 30, 2021 and 2020, and changes during the nine months then ended, is as follows: PSUs Units Weighted Outstanding at January 1, 2020 25,320 $ 21.38 Granted 8,531 29.13 Outstanding at September 30, 2020 33,851 $ 23.33 Outstanding at January 1, 2021 30,728 $ 21.43 Granted 6,231 25.94 Forfeited (1,060) 19.69 Outstanding at September 30, 2021 35,899 $ 22.26

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense	Income tax expense for the three and nine months ended September 30, 2021 and 2020 was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Income tax expense for the period $ 9,195 $ 6,198 $ 26,025 $ 9,501 Effective tax rate 20.0 % 21.3 % 21.0 % 15.7 %

Capital Requirements and Rest_2

Capital Requirements and Restrictions on Retained Earnings (Tables)	9 Months Ended
	Sep. 30, 2021
Regulatory Capital Requirements under Banking Regulations [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 To Be Well Amount Ratio Amount Ratio Amount Ratio As of September 30, 2021 Total capital (to risk-weighted assets) Company $ 1,160,589 12.31 % $ 754,241 8.0 % n/a n/a Bank 1,068,655 11.34 % 753,901 8.0 % $ 942,377 10.0 % Tier 1 capital (to risk-weighted assets) Company 854,393 9.06 % 565,823 6.0 % n/a n/a Bank 994,810 10.56 % 565,233 6.0 % 753,644 8.0 % Common equity tier 1 (to risk-weighted assets) Company 825,001 8.75 % 424,286 4.5 % n/a n/a Bank 994,810 10.56 % 423,925 4.5 % 612,336 6.5 % Tier 1 capital (to average assets) Company 854,393 9.54 % 358,236 4.0 % n/a n/a Bank 994,810 11.12 % 357,845 4.0 % 447,307 5.0 % As of December 31, 2020 Total capital (to risk-weighted assets) Company $ 1,099,031 13.57 % $ 647,918 8.0 % n/a n/a Bank 968,481 11.96 % 647,813 8.0 % $ 809,767 10.0 % Tier 1 capital (to risk-weighted assets) Company 782,487 9.66 % 486,017 6.0 % n/a n/a Bank 884,471 10.92 % 485,973 6.0 % 647,964 8.0 % Common equity tier 1 (to risk-weighted assets) Company 753,261 9.30 % 364,481 4.5 % n/a n/a Bank 884,471 10.92 % 364,480 4.5 % 526,471 6.5 % Tier 1 capital (to average assets) Company 782,487 9.43 % 331,914 4.0 % n/a n/a Bank 884,471 10.66 % 331,884 4.0 % 414,855 5.0 %

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	Jul. 16, 2021USD ($)	Sep. 30, 2021USD ($)shares	Sep. 30, 2020USD ($)shares	Sep. 30, 2021USD ($)officebranchsegmentshares	Sep. 30, 2020USD ($)shares	Dec. 31, 2020USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment				1
Other noninterest income		$ 2,315	$ 2,157	$ 7,415	$ 6,078
Excluded from diluted EPS weighted average shares (in shares) | shares		0	1,525	16	1,360
Purchases of equity method investments				$ 54,914	$ 0
Goodwill		$ 370,840		370,840		$ 370,840
Equity method investments		59,436		59,436
Equity method investment income		4,522	$ 0	4,522	$ 0
Thrive Mortgage, LLC
Segment Reporting Information [Line Items]
Equity method investment, ownership percentage	49.00%
Purchases of equity method investments	$ 54,914
Goodwill	$ 35,816
Revision of Prior Period, Reclassification, Adjustment
Segment Reporting Information [Line Items]
Rental income		502		1,600
Other noninterest income		$ 502		$ 1,600
Restricted Stock Units
Segment Reporting Information [Line Items]
Excluded from diluted EPS weighted average shares (in shares) | shares			359		193
Employee Stock Options
Segment Reporting Information [Line Items]
Excluded from diluted EPS weighted average shares (in shares) | shares			1,166		1,167
Dallas-Fort Worth
Segment Reporting Information [Line Items]
Number of branches | branch				20
Number of mortgage offices | office				1
Houston
Segment Reporting Information [Line Items]
Number of branches | branch				10

Summary of Significant Accoun_5

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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings (numerator)
Net income	$ 36,835	$ 22,920	$ 98,078	$ 51,082
Shares (denominator)
Weighted average shares outstanding for basic EPS (in shares)	49,423	49,647	49,431	49,989
Dilutive effect of employee stock based awards (in shares)	883	128	799	188
Adjusted weighted average shares outstanding (in shares)	50,306	49,775	50,230	50,177
EPS:
Basic (in dollars per share)	$ 0.75	$ 0.46	$ 1.98	$ 1.02
Diluted (in dollars per share)	$ 0.73	$ 0.46	$ 1.95	$ 1.02

Supplemental Statement of Cas_3

Supplemental Statement of Cash Flows (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	$ 25,784	$ 45,720
Cash paid for income taxes	8,215	32,590
Supplemental Disclosures of Non-Cash Flow Information:
Setup of ROU asset and lease liability	4,552	0
Net foreclosure of other real estate owned and repossessed assets	334	4,100
Transfer of other real estate owned to other assets for losses incurred upon sale and expected to be collected from the SBA	$ 0	$ 327

Share Transactions - (Details)

Share Transactions - (Details) - Common Stock - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 14, 2021	Dec. 12, 2019	Sep. 03, 2019	Jan. 28, 2019
Equity, Class of Treasury Stock [Line Items]
Stock buyback program, authorized amount					$ 250,000,000			$ 50,000,000
Stock repurchase program, additional amount authorized					$ 75,000,000	$ 75,000,000	$ 50,000,000
Number of shares repurchased (in shares)	328,122	0	475,744	2,002,211
Weighted average price per share (in dollars per share)	$ 34.85	$ 0	$ 32.36	$ 24.78

Securities - Securities (Detail

Securities - Securities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Equity securities	$ 11,143,000		$ 11,143,000		$ 11,363,000
Realized gain (loss) on equity securities	0	$ (8,000)	0	$ (8,000)
Unrealized (loss) gain recognized on equity securities with a readily determinable fair value	(84,000)	$ 299,000	(220,000)	$ 512,000
Equity securities without a readily determinable fair value	4,130,000		4,130,000		3,575,000
Securities purchased under agreements to resell	103,692,000		103,692,000		$ 0
Interest income, securities purchased under agreements to resell	$ 227,000		$ 227,000

Securities - Carrying Amount an

Securities - Carrying Amount and Fair Values (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available for sale
Amortized Cost	$ 1,009,309	$ 969,318
Gross Unrealized Gains	43,274	56,422
Gross Unrealized Losses	4,095	1,411
ACL	0	0
Fair Value	1,048,488	1,024,329
Held to maturity
Amortized Cost	55,257	30,872
Gross Unrealized Gains	2,647	3,411
Gross Unrealized Losses	434	0
ACL	0	0
Fair Value	57,470	34,283
Corporate bonds
Available for sale
Amortized Cost	195,494	173,050
Gross Unrealized Gains	10,723	6,417
Gross Unrealized Losses	97	1,297
ACL	0	0
Fair Value	206,120	178,170
Municipal securities
Available for sale
Amortized Cost	116,495	115,533
Gross Unrealized Gains	7,627	10,129
Gross Unrealized Losses	271	6
ACL	0	0
Fair Value	123,851	125,656
Held to maturity
Amortized Cost	28,262	22,270
Gross Unrealized Gains	1,949	2,459
Gross Unrealized Losses	98	0
ACL	0	0
Fair Value	30,113	24,729
Mortgage-backed securities
Available for sale
Amortized Cost	134,160	240,320
Gross Unrealized Gains	5,379	16,047
Gross Unrealized Losses	1,497	42
ACL	0	0
Fair Value	138,042	256,325
Held to maturity
Amortized Cost	21,483	6,982
Gross Unrealized Gains	72	849
Gross Unrealized Losses	336	0
ACL	0	0
Fair Value	21,219	7,831
Collateralized mortgage obligations
Available for sale
Amortized Cost	457,209	388,080
Gross Unrealized Gains	17,523	20,895
Gross Unrealized Losses	1,857	66
ACL	0	0
Fair Value	472,875	408,909
Held to maturity
Amortized Cost	5,512	1,620
Gross Unrealized Gains	626	103
Gross Unrealized Losses	0	0
ACL	0	0
Fair Value	6,138	1,723
Asset-backed securities
Available for sale
Amortized Cost	55,816	52,335
Gross Unrealized Gains	2,015	2,934
Gross Unrealized Losses	320	0
ACL	0	0
Fair Value	57,511	$ 55,269
Collateralized loan obligations
Available for sale
Amortized Cost	50,135
Gross Unrealized Gains	7
Gross Unrealized Losses	53
ACL	0
Fair Value	$ 50,089

Securities - Unrealized Loss Po

Securities - Unrealized Loss Position (Details) $ in Thousands	Sep. 30, 2021USD ($)investment	Dec. 31, 2020USD ($)investment
Available-for-sale Fair Value
Less Than 12 Months	$ 204,586	$ 69,022
12 Months or More	2,225	0
Totals	206,811	69,022
Available-for-sale Unrealized Loss
Less Than 12 Months	4,086	1,411
12 Months or More	9	0
Totals	$ 4,095	$ 1,411
Number of investment positions in an unrealized loss position | investment	28	11
Held-to-maturity Fair Value
Less Than 12 Months	$ 26,537
12 Months or More	0
Totals	26,537
Held-to-maturity Unrealized Loss
Less Than 12 Months	434
12 Months or More	0
Totals	434
Corporate bonds
Available-for-sale Fair Value
Less Than 12 Months	7,153	$ 31,953
12 Months or More	0	0
Totals	7,153	31,953
Available-for-sale Unrealized Loss
Less Than 12 Months	97	1,297
12 Months or More	0	0
Totals	97	1,297
Municipal securities
Available-for-sale Fair Value
Less Than 12 Months	15,165	2,667
12 Months or More	2,225	0
Totals	17,390	2,667
Available-for-sale Unrealized Loss
Less Than 12 Months	262	6
12 Months or More	9	0
Totals	271	6
Held-to-maturity Fair Value
Less Than 12 Months	6,794
12 Months or More	0
Totals	6,794
Held-to-maturity Unrealized Loss
Less Than 12 Months	98
12 Months or More	0
Totals	98
Mortgage-backed securities
Available-for-sale Fair Value
Less Than 12 Months	46,939	34,402
12 Months or More		0
Totals	46,939	34,402
Available-for-sale Unrealized Loss
Less Than 12 Months	1,497	108
12 Months or More		0
Totals	1,497	$ 108
Held-to-maturity Fair Value
Less Than 12 Months	19,743
12 Months or More	0
Totals	19,743
Held-to-maturity Unrealized Loss
Less Than 12 Months	336
12 Months or More	0
Totals	336
Collateralized mortgage obligations
Available-for-sale Fair Value
Less Than 12 Months	91,055
12 Months or More	0
Totals	91,055
Available-for-sale Unrealized Loss
Less Than 12 Months	1,857
12 Months or More	0
Totals	1,857
Asset-backed securities
Available-for-sale Fair Value
Less Than 12 Months	11,560
12 Months or More	0
Totals	11,560
Available-for-sale Unrealized Loss
Less Than 12 Months	320
12 Months or More	0
Totals	320
Collateralized loan obligations
Available-for-sale Fair Value
Less Than 12 Months	32,714
12 Months or More	0
Totals	32,714
Available-for-sale Unrealized Loss
Less Than 12 Months	53
12 Months or More	0
Totals	$ 53

Securities - Maturities (Detail

Securities - Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available For Sale Amortized Cost
Due from one year to five years	$ 5,193	$ 4,935
Due from five years to ten years	175,310	154,576
Due after ten years	131,486	129,072
Total investment securities available for sale, single maturity date	311,989	288,583
Amortized Cost	1,009,309	969,318
Available For Sale Fair value
Due from one year to five years	5,273	5,139
Due from five years to ten years	184,513	158,510
Due after ten years	140,185	140,177
Total investment securities available for sale	329,971	303,826
Fair Value	1,048,488	1,024,329
Held-to-Maturity Amortized Cost
Due from one year to five years	0	0
Due from five years to ten years	3,860	3,334
Due after ten years	24,402	18,936
Total investment securities held to maturity, single maturity date	28,262	22,270
Amortized Cost	55,257	30,872
Held-to-Maturity Fair Value
Due from one year to five years	0	0
Due from five years to ten years	4,141	3,591
Due after ten years	25,972	21,138
Total investment securities held to maturity	30,113	24,729
Fair Value	57,470	34,283
Mortgage-backed securities and collateralized mortgage obligations
Available For Sale Amortized Cost
Amortized cost	591,369	628,400
Amortized Cost	134,160	240,320
Available For Sale Fair value
Fair value	610,917	665,234
Fair Value	138,042	256,325
Held-to-Maturity Amortized Cost
Amortized cost	26,995	8,602
Amortized Cost	21,483	6,982
Held-to-Maturity Fair Value
Fair value	27,357	9,554
Asset-backed securities
Available For Sale Amortized Cost
Amortized cost	55,816	52,335
Amortized Cost	55,816	52,335
Available For Sale Fair value
Fair value	57,511	55,269
Fair Value	57,511	55,269
Held-to-Maturity Amortized Cost
Amortized cost	0	0
Held-to-Maturity Fair Value
Fair value	0	$ 0
Collateralized loan obligations
Available For Sale Amortized Cost
Amortized cost	50,135
Amortized Cost	50,135
Available For Sale Fair value
Fair value	50,089
Fair Value	50,089
Held-to-Maturity Amortized Cost
Amortized cost	0
Held-to-Maturity Fair Value
Fair value	$ 0

Securities - Proceeds From Sale

Securities - Proceeds From Sale of Debt Securities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Proceeds for sales	$ 13,300	$ 90,897
Gross realized gains	0	2,879
Gross realized losses	$ 188	$ 0

Loans Held for Investment and_3

Loans Held for Investment and ACL - Balance Sheet Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Loans and Allowance for Credit Losses
Loans	$ 7,239,092		$ 6,427,924
Deferred loan fees, net	(8,142)		(2,468)
ACL	(93,771)	$ (99,543)	(105,084)	$ (121,591)	$ (115,365)	$ (29,834)
Loans held for investment carried at amortized cost, net	7,137,179		6,320,372
Loans held for investment, Paycheck Protection Program (“PPP”) loans, carried at fair value	135,842		358,042
Total loans held for investment, net	7,273,021		6,678,414
PCI loans acquired	10,450		15,526
Discount on retained loans from sale	3,289		3,215
Commercial
Loans and Allowance for Credit Losses
Loans	1,793,740		1,559,546
ACL	(27,824)	(32,560)	(37,554)	(49,677)	(38,577)	(12,369)
MW
Loans and Allowance for Credit Losses
Loans	615,045		577,594
Consumer
Loans and Allowance for Credit Losses
Loans	14,266		13,000
ACL	(226)	(244)	(371)	(583)	(546)	(122)
Construction and land | Real Estate
Loans and Allowance for Credit Losses
Loans	936,174		693,030
ACL	(7,011)	(7,280)	(7,768)	(9,590)	(9,021)	(3,822)
Farmland | Real Estate
Loans and Allowance for Credit Losses
Loans	73,550		13,844
ACL	(236)	(46)	(56)	(70)	(63)	(61)
Residential Real Estate | 1 - 4 family residential | Real Estate
Loans and Allowance for Credit Losses
Loans	543,518		524,344
ACL	(6,519)	(6,660)	(8,148)	(10,605)	(10,777)	(1,378)
Residential Real Estate | Multi-family residential | Real Estate
Loans and Allowance for Credit Losses
Loans	356,885		424,962
ACL	(3,663)	(4,187)	(6,231)	(6,696)	(6,428)	(1,965)
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate
Loans and Allowance for Credit Losses
Loans	711,476		717,472
ACL	(10,988)	(11,324)	(9,719)	(8,549)	(13,886)	(1,978)
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate
Loans and Allowance for Credit Losses
Loans	2,194,438		1,904,132
ACL	$ (37,304)	$ (37,242)	$ (35,237)	$ (35,821)	$ (36,067)	$ (8,139)

Loans Held for Investment and_4

Loans Held for Investment and ACL - Schedule of Government Guaranteed Loans and Fee Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Receivables [Abstract]
PPP fee income	$ 69	$ 295	$ 7,697	$ 12,811
Net gain (loss) due to the change in fair value	$ 782	$ (33)	$ 1,117	$ (2,038)

Loans Held for Investment and_5

Loans Held for Investment and ACL - Allowance for Credit Loss Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Analysis of allowance for loan losses
Balance at beginning of year	$ 99,543	$ 115,365	$ 105,084	$ 29,834
Provision for credit losses	0	8,692	0	56,640
Charge-offs	(6,402)	(2,500)	(13,398)	(4,365)
Recoveries	630	34	2,085	345
Ending Balance	93,771	121,591	93,771	121,591
Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	805	12,774	3,039	58,783
PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(805)	(4,082)	(3,039)	(2,143)
Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				19,427
Impact of adoption ASC 326 PCD loans				19,710
Real Estate | Construction and land
Analysis of allowance for loan losses
Balance at beginning of year	7,280	9,021	7,768	3,822
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending Balance	7,011	9,590	7,011	9,590
Real Estate | Construction and land | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(250)	610	(737)	6,393
Real Estate | Construction and land | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(19)	(41)	(20)	(563)
Real Estate | Construction and land | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				(707)
Impact of adoption ASC 326 PCD loans				645
Real Estate | Farmland
Analysis of allowance for loan losses
Balance at beginning of year	46	63	56	61
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending Balance	236	70	236	70
Real Estate | Farmland | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	190	7	180	5
Real Estate | Farmland | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	0	0	0	0
Real Estate | Farmland | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				4
Impact of adoption ASC 326 PCD loans				0
Real Estate | Residential Real Estate | 1 - 4 family residential
Analysis of allowance for loan losses
Balance at beginning of year	6,660	10,777	8,148	1,378
Charge-offs	(64)	0	(367)	0
Recoveries	26	7	52	8
Ending Balance	6,519	10,605	6,519	10,605
Real Estate | Residential Real Estate | 1 - 4 family residential | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(92)	(142)	(1,106)	4,955
Real Estate | Residential Real Estate | 1 - 4 family residential | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(11)	(37)	(208)	(360)
Real Estate | Residential Real Estate | 1 - 4 family residential | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				3,716
Impact of adoption ASC 326 PCD loans				908
Real Estate | Residential Real Estate | Multi-family residential
Analysis of allowance for loan losses
Balance at beginning of year	4,187	6,428	6,231	1,965
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending Balance	3,663	6,696	3,663	6,696
Real Estate | Residential Real Estate | Multi-family residential | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(524)	268	(2,568)	4,103
Real Estate | Residential Real Estate | Multi-family residential | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	0	0	0	0
Real Estate | Residential Real Estate | Multi-family residential | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				628
Impact of adoption ASC 326 PCD loans				0
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”)
Analysis of allowance for loan losses
Balance at beginning of year	11,324	13,886	9,719	1,978
Charge-offs	(813)	(2,421)	(1,502)	(2,421)
Recoveries	0	0	500	0
Ending Balance	10,988	8,549	10,988	8,549
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	498	662	1,291	3,177
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(21)	(3,578)	980	(5,273)
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				3,406
Impact of adoption ASC 326 PCD loans				7,682
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”)
Analysis of allowance for loan losses
Balance at beginning of year	37,242	36,067	35,237	8,139
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending Balance	37,304	35,821	37,304	35,821
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	197	(85)	3,676	17,294
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(135)	(161)	(1,609)	3,213
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				5,138
Impact of adoption ASC 326 PCD loans				2,037
Commercial
Analysis of allowance for loan losses
Balance at beginning of year	32,560	38,577	37,554	12,369
Charge-offs	(5,508)	(68)	(11,474)	(1,808)
Recoveries	596	14	1,481	50
Ending Balance	27,824	49,677	27,824	49,677
Commercial | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	789	11,425	2,436	22,853
Commercial | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(613)	(271)	(2,173)	853
Commercial | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				7,025
Impact of adoption ASC 326 PCD loans				8,335
Consumer
Analysis of allowance for loan losses
Balance at beginning of year	244	546	371	122
Charge-offs	(17)	(11)	(55)	(136)
Recoveries	8	13	52	287
Ending Balance	226	583	226	583
Consumer | Non-PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	(3)	29	(133)	3
Consumer | PCD Loans
Analysis of allowance for loan losses
Provision for credit losses	$ (6)	$ 6	$ (9)	(13)
Consumer | Cumulative Effect, Period Of Adoption, Adjustment
Analysis of allowance for loan losses
Balance at beginning of year				217
Impact of adoption ASC 326 PCD loans				$ 103

Loans Held for Investment and_6

Loans Held for Investment and ACL - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Servicing Asset at Amortized Cost [Line Items]
Loans	$ 7,239,092		$ 6,427,924
ACL	93,771	$ 99,543	105,084	$ 121,591	$ 115,365	$ 29,834
Real Estate | Residential Real Estate | 1 - 4 family residential
Servicing Asset at Amortized Cost [Line Items]
Loans	543,518		524,344
ACL	6,519	6,660	8,148	10,605	10,777	1,378
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”)
Servicing Asset at Amortized Cost [Line Items]
Loans	2,194,438		1,904,132
ACL	37,304	37,242	35,237	35,821	36,067	8,139
Commercial
Servicing Asset at Amortized Cost [Line Items]
Loans	1,793,740		1,559,546
ACL	27,824	32,560	37,554	49,677	38,577	12,369
Consumer
Servicing Asset at Amortized Cost [Line Items]
Loans	14,266		13,000
ACL	226	$ 244	371	$ 583	$ 546	$ 122
Real Property
Servicing Asset at Amortized Cost [Line Items]
Loans	23,637		25,088
Real Property | Real Estate | Residential Real Estate | 1 - 4 family residential
Servicing Asset at Amortized Cost [Line Items]
Loans	1,185		199
Real Property | Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”)
Servicing Asset at Amortized Cost [Line Items]
Loans	19,023		16,080
Real Property | Commercial
Servicing Asset at Amortized Cost [Line Items]
Loans	2,366		8,666
Real Property | Consumer
Servicing Asset at Amortized Cost [Line Items]
Loans	1,063		143
Collateralized
Servicing Asset at Amortized Cost [Line Items]
ACL	7,281		4,729
Collateralized | Real Estate | Residential Real Estate | 1 - 4 family residential
Servicing Asset at Amortized Cost [Line Items]
ACL	0		11
Collateralized | Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”)
Servicing Asset at Amortized Cost [Line Items]
ACL	6,147		0
Collateralized | Commercial
Servicing Asset at Amortized Cost [Line Items]
ACL	1,134		4,668
Collateralized | Consumer
Servicing Asset at Amortized Cost [Line Items]
ACL	$ 0		$ 50

Loans Held for Investment and_7

Loans Held for Investment and ACL - Nonaccrual (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Loans and Allowance for Credit Losses
Nonaccrual	$ 72,317		$ 72,317		$ 81,096
Nonaccrual With No ACL	22,509		22,509		30,292
Financing receivable, nonaccrual, interest income	674	$ 2,457	2,049	$ 2,993
Commercial
Loans and Allowance for Credit Losses
Nonaccrual	20,411		20,411		29,318
Nonaccrual With No ACL	2,617		2,617		1,015
Consumer
Loans and Allowance for Credit Losses
Nonaccrual	1,203		1,203		1,374
Nonaccrual With No ACL	1,191		1,191		1,220
Construction and land | Real Estate
Loans and Allowance for Credit Losses
Nonaccrual	1,185		1,185		0
Nonaccrual With No ACL	1,185		1,185		0
Residential Real Estate | 1 - 4 family residential | Real Estate
Loans and Allowance for Credit Losses
Nonaccrual	998		998		3,308
Nonaccrual With No ACL	998		998		3,199
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate
Loans and Allowance for Credit Losses
Nonaccrual	16,890		16,890		6,266
Nonaccrual With No ACL	16,317		16,317		5,645
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate
Loans and Allowance for Credit Losses
Nonaccrual	31,630		31,630		40,830
Nonaccrual With No ACL	$ 201		201		19,213
PCD Loans
Loans and Allowance for Credit Losses
Financing receivable, nonaccrual, interest income			$ 12,295		$ 1,508

Loans Held for Investment and_8

Loans Held for Investment and ACL - Past Due (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Non-Accrual and Past Due Loans
Loans	$ 7,239,092	$ 6,427,924
Total 90 days past due and still accruing	1,711	4,204
PCD
Non-Accrual and Past Due Loans
Loans	69,104	112,255
PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	72,840	112,255
Total Past Due
Non-Accrual and Past Due Loans
Loans	59,010	67,933
30 to 59 Days
Non-Accrual and Past Due Loans
Loans	18,023	14,349
60 to 89 Days
Non-Accrual and Past Due Loans
Loans	3,339	6,684
90 Days or Greater
Non-Accrual and Past Due Loans
Loans	37,648	46,900
90 Days or Greater | PCD Loans
Non-Accrual and Past Due Loans
Total 90 days past due and still accruing	12,918	32,627
Total Current
Non-Accrual and Past Due Loans
Loans	7,107,242	6,247,736
Real Estate | Construction and land
Non-Accrual and Past Due Loans
Loans	936,174	693,030
Total 90 days past due and still accruing	0	0
Real Estate | Construction and land | PCD
Non-Accrual and Past Due Loans
Loans	2,426	2,685
Real Estate | Construction and land | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	2,426	2,685
Real Estate | Construction and land | Total Past Due
Non-Accrual and Past Due Loans
Loans	1,185	0
Real Estate | Construction and land | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Construction and land | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Construction and land | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	1,185	0
Real Estate | Construction and land | Total Current
Non-Accrual and Past Due Loans
Loans	932,563	690,345
Real Estate | Farmland
Non-Accrual and Past Due Loans
Loans	73,550	13,844
Total 90 days past due and still accruing	0	0
Real Estate | Farmland | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Farmland | Total Past Due
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Farmland | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Farmland | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Farmland | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Farmland | Total Current
Non-Accrual and Past Due Loans
Loans	73,550	13,844
Real Estate | Residential Real Estate | 1 - 4 family residential
Non-Accrual and Past Due Loans
Loans	543,518	524,344
Total 90 days past due and still accruing	1,711	1,670
Real Estate | Residential Real Estate | 1 - 4 family residential | PCD
Non-Accrual and Past Due Loans
Loans	1,206	8,741
Real Estate | Residential Real Estate | 1 - 4 family residential | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	1,206	8,741
Real Estate | Residential Real Estate | 1 - 4 family residential | Total Past Due
Non-Accrual and Past Due Loans
Loans	2,887	7,262
Real Estate | Residential Real Estate | 1 - 4 family residential | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	93	2,338
Real Estate | Residential Real Estate | 1 - 4 family residential | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	179	122
Real Estate | Residential Real Estate | 1 - 4 family residential | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	2,615	4,802
Real Estate | Residential Real Estate | 1 - 4 family residential | Total Current
Non-Accrual and Past Due Loans
Loans	539,425	508,341
Real Estate | Residential Real Estate | Multi-family residential
Non-Accrual and Past Due Loans
Loans	356,885	424,962
Total 90 days past due and still accruing	0	0
Real Estate | Residential Real Estate | Multi-family residential | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Residential Real Estate | Multi-family residential | Total Past Due
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Residential Real Estate | Multi-family residential | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Residential Real Estate | Multi-family residential | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Residential Real Estate | Multi-family residential | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	0	0
Real Estate | Residential Real Estate | Multi-family residential | Total Current
Non-Accrual and Past Due Loans
Loans	356,885	424,962
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”)
Non-Accrual and Past Due Loans
Loans	711,476	717,472
Total 90 days past due and still accruing	0	1,280
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | PCD
Non-Accrual and Past Due Loans
Loans	28,756	37,991
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	28,757	37,991
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Total Past Due
Non-Accrual and Past Due Loans
Loans	17,609	7,235
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	3,154	2,278
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	2,727	2,143
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	11,728	2,814
Real Estate | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Total Current
Non-Accrual and Past Due Loans
Loans	665,110	672,246
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”)
Non-Accrual and Past Due Loans
Loans	2,194,438	1,904,132
Total 90 days past due and still accruing	0	0
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | PCD
Non-Accrual and Past Due Loans
Loans	25,839	43,176
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	25,755	43,176
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Total Past Due
Non-Accrual and Past Due Loans
Loans	15,347	28,172
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	2,740	7,675
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	0	2,911
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	12,607	17,586
Real Estate | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Total Current
Non-Accrual and Past Due Loans
Loans	2,153,336	1,832,784
Commercial
Non-Accrual and Past Due Loans
Loans	1,793,740	1,559,546
Total 90 days past due and still accruing	0	1,230
Commercial | PCD
Non-Accrual and Past Due Loans
Loans	10,696	19,460
Commercial | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	14,515	19,460
Commercial | Total Past Due
Non-Accrual and Past Due Loans
Loans	20,595	23,774
Commercial | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	11,809	1,983
Commercial | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	347	1,431
Commercial | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	8,439	20,360
Commercial | Total Current
Non-Accrual and Past Due Loans
Loans	1,758,630	1,516,312
MW
Non-Accrual and Past Due Loans
Loans	615,045	577,594
Total 90 days past due and still accruing	0	0
MW | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	0	0
MW | Total Past Due
Non-Accrual and Past Due Loans
Loans	119	0
MW | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	119	0
MW | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	0	0
MW | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	0	0
MW | Total Current
Non-Accrual and Past Due Loans
Loans	614,926	577,594
Consumer
Non-Accrual and Past Due Loans
Loans	14,266	13,000
Total 90 days past due and still accruing	0	24
Consumer | PCD
Non-Accrual and Past Due Loans
Loans	181	202
Consumer | PCD | PCD Loans
Non-Accrual and Past Due Loans
Loans	181	202
Consumer | Total Past Due
Non-Accrual and Past Due Loans
Loans	1,268	1,490
Consumer | 30 to 59 Days
Non-Accrual and Past Due Loans
Loans	108	75
Consumer | 60 to 89 Days
Non-Accrual and Past Due Loans
Loans	86	77
Consumer | 90 Days or Greater
Non-Accrual and Past Due Loans
Loans	1,074	1,338
Consumer | Total Current
Non-Accrual and Past Due Loans
Loans	$ 12,817	$ 11,308

Loans Held for Investment and_9

Loans Held for Investment and ACL - Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Dec. 31, 2020USD ($)loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment for financing receivable, modifications	$ 28,088		$ 28,088		$ 29,157
Adjusted Payment Structure				$ 6,585
Payment Deferrals				20,696
Total Modifications				$ 27,281
Number of Loans | loan				11
Loans modified as TDR | loan	0	0	0	0
Interest income that would have been recorded had terms not been modified	$ 376		$ 555
Number of contracts in compliance with modified terms | loan	12		12		754
Loan balance of contracts in compliance with modified terms	$ 4,758		$ 4,758		$ 1,126,975
Number of loans outstanding with remaining deferment, CARES Act | loan			1
Loans outstanding with remaining deferment, CARES Act	131		$ 131
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Adjusted Payment Structure	192		192	$ 1,440
Payment Deferrals	0		0	1,337
Total Modifications	$ 192		$ 192	$ 2,777
Number of Loans | loan	1		1	3
Commercial | Commercial Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Adjusted Payment Structure		$ 5,145		$ 5,145
Payment Deferrals		19,359		19,359
Total Modifications		$ 24,504		$ 24,504
Number of Loans | loan		8		8

Loans Held for Investment an_10

Loans Held for Investment and ACL - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Credit Quality Indicators
Year One	$ 1,452,234	$ 1,116,342
Year Two	1,293,318	1,000,872
Year Three	799,403	1,191,171
Year Four	933,464	357,775
Year Five	273,068	426,762
Prior	958,839	830,986
Revolving Loans Amortized Cost Basis	1,496,266	1,472,497
Revolving Loans Converted to Term	32,500	31,519
Total	7,239,092	6,427,924
Deferred loan fees, net	(8,142)	(2,468)
Pass
Credit Quality Indicators
Year One	1,439,462	1,112,617
Year Two	1,282,898	950,257
Year Three	782,790	1,049,368
Year Four	784,874	308,163
Year Five	223,800	349,349
Prior	798,712	682,267
Revolving Loans Amortized Cost Basis	1,458,826	1,398,329
Revolving Loans Converted to Term	25,221	16,368
Total	6,796,583	5,866,718
Special mention
Credit Quality Indicators
Year One	903	1,407
Year Two	6,244	36,278
Year Three	11,740	84,021
Year Four	61,674	33,756
Year Five	31,232	40,083
Prior	56,323	45,356
Revolving Loans Amortized Cost Basis	4,221	27,415
Revolving Loans Converted to Term	3,353	3,670
Total	175,690	271,986
Substandard
Credit Quality Indicators
Year One	11,869	2,318
Year Two	2,779	14,337
Year Three	4,873	39,038
Year Four	67,652	12,438
Year Five	8,748	18,531
Prior	64,649	32,069
Revolving Loans Amortized Cost Basis	33,219	46,753
Revolving Loans Converted to Term	3,926	11,481
Total	197,715	176,965
PCD
Credit Quality Indicators
Year One	0	0
Year Two	1,397	0
Year Three	0	18,744
Year Four	19,264	3,418
Year Five	9,288	18,799
Prior	39,155	71,294
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	69,104	112,255
Commercial
Credit Quality Indicators
Year One	348,864	253,032
Year Two	243,434	165,184
Year Three	150,475	144,430
Year Four	97,742	67,921
Year Five	30,415	32,434
Prior	70,571	57,986
Revolving Loans Amortized Cost Basis	831,282	816,214
Revolving Loans Converted to Term	20,957	22,345
Total	1,793,740	1,559,546
Commercial | Pass
Credit Quality Indicators
Year One	336,092	251,004
Year Two	237,949	158,158
Year Three	146,110	112,961
Year Four	75,481	50,734
Year Five	13,658	19,821
Prior	56,443	41,856
Revolving Loans Amortized Cost Basis	810,012	758,832
Revolving Loans Converted to Term	13,678	13,400
Total	1,689,423	1,406,766
Commercial | Special mention
Credit Quality Indicators
Year One	903	1,306
Year Two	4,432	2,539
Year Three	1,276	8,224
Year Four	8,840	10,033
Year Five	8,789	1,201
Prior	1,958	2,165
Revolving Loans Amortized Cost Basis	3,728	26,922
Revolving Loans Converted to Term	3,353	3,670
Total	33,279	56,060
Commercial | Substandard
Credit Quality Indicators
Year One	11,869	722
Year Two	1,053	4,487
Year Three	3,089	23,245
Year Four	13,096	3,772
Year Five	6,025	7,216
Prior	3,742	2,083
Revolving Loans Amortized Cost Basis	17,542	30,460
Revolving Loans Converted to Term	3,926	5,275
Total	60,342	77,260
Commercial | PCD
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	325	3,382
Year Five	1,943	4,196
Prior	8,428	11,882
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	10,696	19,460
MW
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	0
Year Five	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	615,045	577,594
Revolving Loans Converted to Term	0	0
Total	615,045	577,594
MW | Pass
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	0
Year Five	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	613,727	577,594
Revolving Loans Converted to Term	0	0
Total	613,727	577,594
MW | Substandard
Credit Quality Indicators
Year One	0
Year Two	0
Year Three	0
Year Four	0
Year Five	0
Prior	0
Revolving Loans Amortized Cost Basis	1,318
Revolving Loans Converted to Term	0
Total	1,318
Consumer
Credit Quality Indicators
Year One	5,046	2,489
Year Two	1,670	1,216
Year Three	668	1,038
Year Four	492	3,995
Year Five	3,242	912
Prior	1,026	812
Revolving Loans Amortized Cost Basis	2,100	2,538
Revolving Loans Converted to Term	22	0
Total	14,266	13,000
Consumer | Pass
Credit Quality Indicators
Year One	5,046	2,489
Year Two	1,670	1,216
Year Three	665	1,038
Year Four	490	3,899
Year Five	2,982	887
Prior	803	353
Revolving Loans Amortized Cost Basis	1,036	1,475
Revolving Loans Converted to Term	22	0
Total	12,714	11,357
Consumer | Special mention
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	0
Year Five	83	25
Prior	15	227
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	98	252
Consumer | Substandard
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	3	0
Year Four	2	60
Year Five	152	0
Prior	52	66
Revolving Loans Amortized Cost Basis	1,064	1,063
Revolving Loans Converted to Term	0	0
Total	1,273	1,189
Consumer | PCD
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	36
Year Five	25	0
Prior	156	166
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	181	202
Construction and land | Real Estate
Credit Quality Indicators
Year One	221,411	155,358
Year Two	418,227	282,497
Year Three	165,620	182,548
Year Four	80,894	11,791
Year Five	5,819	9,938
Prior	35,259	29,832
Revolving Loans Amortized Cost Basis	7,956	21,066
Revolving Loans Converted to Term	988	0
Total	936,174	693,030
Construction and land | Real Estate | Pass
Credit Quality Indicators
Year One	221,411	155,358
Year Two	416,653	282,497
Year Three	165,620	179,372
Year Four	79,393	11,791
Year Five	5,819	9,938
Prior	32,833	27,147
Revolving Loans Amortized Cost Basis	7,956	21,066
Revolving Loans Converted to Term	988	0
Total	930,673	687,169
Construction and land | Real Estate | Special mention
Credit Quality Indicators
Year One	0	0
Year Two	1,574	0
Year Three	0	2,666
Year Four	316	0
Year Five	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	1,890	2,666
Construction and land | Real Estate | Substandard
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	510
Year Four	1,185	0
Year Five	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	1,185	510
Construction and land | Real Estate | PCD
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	0
Year Five	0	0
Prior	2,426	2,685
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	2,426	2,685
Farmland | Real Estate
Credit Quality Indicators
Year One	61,549	867
Year Two	528	972
Year Three	428	3,367
Year Four	3,367	3,688
Year Five	2,990	0
Prior	3,453	3,656
Revolving Loans Amortized Cost Basis	1,235	1,294
Revolving Loans Converted to Term	0	0
Total	73,550	13,844
Farmland | Real Estate | Pass
Credit Quality Indicators
Year One	61,549	867
Year Two	528	972
Year Three	428	3,367
Year Four	3,367	3,688
Year Five	2,990	0
Prior	3,453	3,656
Revolving Loans Amortized Cost Basis	1,235	1,294
Revolving Loans Converted to Term	0	0
Total	73,550	13,844
Residential Real Estate | Single Family | Real Estate
Credit Quality Indicators
Year One	141,686	120,580
Year Two	110,136	80,694
Year Three	67,341	92,186
Year Four	73,110	50,766
Year Five	29,568	31,936
Prior	101,762	125,225
Revolving Loans Amortized Cost Basis	13,965	19,989
Revolving Loans Converted to Term	5,950	2,968
Total	543,518	524,344
Residential Real Estate | Single Family | Real Estate | Pass
Credit Quality Indicators
Year One	141,686	120,580
Year Two	110,136	79,617
Year Three	67,341	91,890
Year Four	71,399	49,338
Year Five	29,487	31,936
Prior	99,293	115,797
Revolving Loans Amortized Cost Basis	13,076	19,065
Revolving Loans Converted to Term	5,950	2,968
Total	538,368	511,191
Residential Real Estate | Single Family | Real Estate | Special mention
Credit Quality Indicators
Year One	0	0
Year Two	0	1,077
Year Three	0	154
Year Four	0	760
Year Five	0	0
Prior	360	687
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	360	2,678
Residential Real Estate | Single Family | Real Estate | Substandard
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	142
Year Four	1,711	668
Year Five	81	0
Prior	903	0
Revolving Loans Amortized Cost Basis	889	924
Revolving Loans Converted to Term	0	0
Total	3,584	1,734
Residential Real Estate | Single Family | Real Estate | PCD
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	0
Year Four	0	0
Year Five	0	0
Prior	1,206	8,741
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	1,206	8,741
Residential Real Estate | Multi-family residential | Real Estate
Credit Quality Indicators
Year One	60,933	107,332
Year Two	66,493	106,559
Year Three	86,509	152,401
Year Four	102,069	18,722
Year Five	13,634	32,672
Prior	27,196	7,218
Revolving Loans Amortized Cost Basis	51	58
Revolving Loans Converted to Term	0	0
Total	356,885	424,962
Residential Real Estate | Multi-family residential | Real Estate | Pass
Credit Quality Indicators
Year One	60,933	107,332
Year Two	66,493	106,559
Year Three	86,509	139,721
Year Four	80,777	18,722
Year Five	13,634	32,672
Prior	27,196	7,218
Revolving Loans Amortized Cost Basis	51	58
Revolving Loans Converted to Term	0	0
Total	335,593	412,282
Residential Real Estate | Multi-family residential | Real Estate | Special mention
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	12,680
Year Four	21,292	0
Year Five	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	21,292	12,680
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate
Credit Quality Indicators
Year One	95,473	114,111
Year Two	145,425	66,210
Year Three	60,653	109,244
Year Four	103,307	86,784
Year Five	70,306	111,328
Prior	230,742	217,856
Revolving Loans Amortized Cost Basis	2,572	5,733
Revolving Loans Converted to Term	2,998	6,206
Total	711,476	717,472
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate | Pass
Credit Quality Indicators
Year One	95,473	113,741
Year Two	143,616	65,262
Year Three	59,589	75,940
Year Four	57,823	79,253
Year Five	61,504	79,202
Prior	190,014	176,668
Revolving Loans Amortized Cost Basis	2,572	5,532
Revolving Loans Converted to Term	2,998	0
Total	613,589	595,598
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate | Special mention
Credit Quality Indicators
Year One	0	0
Year Two	0	948
Year Three	1,064	22,725
Year Four	19,939	3,701
Year Five	329	12,860
Prior	7,951	4,326
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	29,283	44,560
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate | Substandard
Credit Quality Indicators
Year One	0	370
Year Two	412	0
Year Three	0	10,579
Year Four	25,545	3,830
Year Five	1,153	11,315
Prior	12,738	6,822
Revolving Loans Amortized Cost Basis	0	201
Revolving Loans Converted to Term	0	6,206
Total	39,848	39,323
Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate | PCD
Credit Quality Indicators
Year One	0	0
Year Two	1,397	0
Year Three	0	0
Year Four	0	0
Year Five	7,320	7,951
Prior	20,039	30,040
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	28,756	37,991
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate
Credit Quality Indicators
Year One	517,272	362,573
Year Two	307,405	297,540
Year Three	267,709	505,957
Year Four	472,483	114,108
Year Five	117,094	207,542
Prior	488,830	388,401
Revolving Loans Amortized Cost Basis	22,060	28,011
Revolving Loans Converted to Term	1,585	0
Total	2,194,438	1,904,132
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate | Pass
Credit Quality Indicators
Year One	517,272	361,246
Year Two	305,853	255,976
Year Three	256,528	445,079
Year Four	416,144	90,738
Year Five	93,726	174,893
Prior	388,677	309,572
Revolving Loans Amortized Cost Basis	9,161	13,413
Revolving Loans Converted to Term	1,585	0
Total	1,988,946	1,650,917
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate | Special mention
Credit Quality Indicators
Year One	0	101
Year Two	238	31,714
Year Three	9,400	37,572
Year Four	11,287	19,262
Year Five	22,031	25,997
Prior	46,039	37,951
Revolving Loans Amortized Cost Basis	493	493
Revolving Loans Converted to Term	0	0
Total	89,488	153,090
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate | Substandard
Credit Quality Indicators
Year One	0	1,226
Year Two	1,314	9,850
Year Three	1,781	4,562
Year Four	26,113	4,108
Year Five	1,337	0
Prior	47,214	23,098
Revolving Loans Amortized Cost Basis	12,406	14,105
Revolving Loans Converted to Term	0	0
Total	90,165	56,949
Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate | PCD
Credit Quality Indicators
Year One	0	0
Year Two	0	0
Year Three	0	18,744
Year Four	18,939	0
Year Five	0	6,652
Prior	6,900	17,780
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Total	25,839	43,176
PCD Loans | PCD
Credit Quality Indicators
Total	72,840	112,255
PCD Loans | Commercial | PCD
Credit Quality Indicators
Total	14,515	19,460
PCD Loans | MW | PCD
Credit Quality Indicators
Total	0	0
PCD Loans | Consumer | PCD
Credit Quality Indicators
Total	181	202
PCD Loans | Construction and land | Real Estate | PCD
Credit Quality Indicators
Total	2,426	2,685
PCD Loans | Farmland | Real Estate | PCD
Credit Quality Indicators
Total	0	0
PCD Loans | Residential Real Estate | Single Family | Real Estate | PCD
Credit Quality Indicators
Total	1,206	8,741
PCD Loans | Residential Real Estate | Multi-family residential | Real Estate | PCD
Credit Quality Indicators
Total	0	0
PCD Loans | Commercial Real Estate | Owner occupied commercial (“OOCRE”) | Real Estate | PCD
Credit Quality Indicators
Total	28,757	37,991
PCD Loans | Commercial Real Estate | Non-owner occupied commercial (“NOOCRE”) | Real Estate | PCD
Credit Quality Indicators
Total	$ 25,755	$ 43,176

Loans Held for Investment an_11

Loans Held for Investment and ACL - Servicing Assets (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Servicing Asset at Amortized Cost [Line Items]
Servicing asset	$ 302,452,000	$ 234,330,000	$ 302,452,000	$ 234,330,000
Summary of changes in related servicing assets
Balance at beginning of period	3,725,000	2,940,000	3,363,000	3,113,000
Increase from loan sales	157,000	705,000	541,000	836,000
Net (impairment) recovery	(95,000)	244,000	117,000	138,000
Amortization charged as a reduction to income	(212,000)	(104,000)	(446,000)	(302,000)
Balance at end of period	3,575,000	3,785,000	3,575,000	3,785,000
Valuation allowance recorded	440,000	188,000	440,000	188,000
Proceeds from sales of loans held for sale			83,488,000	101,494,000
Gain on sale of loans			1,299,000	923,000
Small Business Administration Loans
Summary of changes in related servicing assets
Proceeds from sales of loans held for sale	6,025,000	32,381,000	20,338,000	40,161,000
Gain on sale of loans	859,000	$ 2,639,000	2,812,000	$ 3,242,000
Interest-only strip
Summary of changes in related servicing assets
Interest receivable	$ 0		$ 0		$ 0

Fair Value - Recurring Basis (D

Fair Value - Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets measured at fair value
Available for sale debt securities	$ 1,048,488	$ 1,024,329
Equity securities with a readily determinable fair value	11,143	11,363
PPP loans	135,842	358,042
Derivative asset	6,127	28,482
Derivative liability	1,281	13,923
Recurring
Assets measured at fair value
Available for sale debt securities	1,048,488	1,024,329
Equity securities with a readily determinable fair value	11,143	11,363
PPP loans	135,842	358,042
Loans held for sale	15,252	6,681
Recurring | Level 1 Inputs
Assets measured at fair value
Available for sale debt securities	0	0
Equity securities with a readily determinable fair value	11,143	11,363
PPP loans	0	0
Loans held for sale	0	0
Recurring | Level 2 Inputs
Assets measured at fair value
Available for sale debt securities	1,048,488	1,024,329
Equity securities with a readily determinable fair value	0	0
PPP loans	135,842	358,042
Loans held for sale	15,252	6,681
Recurring | Level 3 Inputs
Assets measured at fair value
Available for sale debt securities	0	0
Equity securities with a readily determinable fair value	0	0
PPP loans	0	0
Loans held for sale	0	0
Interest rate swaps | Recurring
Assets measured at fair value
Derivative asset	5,095
Interest rate swaps | Recurring | Level 1 Inputs
Assets measured at fair value
Derivative asset	0
Interest rate swaps | Recurring | Level 2 Inputs
Assets measured at fair value
Derivative asset	5,095
Interest rate swaps | Recurring | Level 3 Inputs
Assets measured at fair value
Derivative asset	0
Interest rate swaps | Financial institution counterparty | Recurring
Assets measured at fair value
Derivative asset	581	17,543
Derivative liability	5,250	2,255
Interest rate swaps | Financial institution counterparty | Recurring | Level 1 Inputs
Assets measured at fair value
Derivative asset	0	0
Derivative liability	0	0
Interest rate swaps | Financial institution counterparty | Recurring | Level 2 Inputs
Assets measured at fair value
Derivative asset	581	17,543
Derivative liability	5,250	2,255
Interest rate swaps | Financial institution counterparty | Recurring | Level 3 Inputs
Assets measured at fair value
Derivative asset	0	0
Derivative liability	0	0
Interest rate swaps | Commercial customer counterparty | Recurring
Assets measured at fair value
Derivative asset	4,951	10,937
Derivative liability	531	11,666
Interest rate swaps | Commercial customer counterparty | Recurring | Level 1 Inputs
Assets measured at fair value
Derivative asset	0	0
Derivative liability	0	0
Interest rate swaps | Commercial customer counterparty | Recurring | Level 2 Inputs
Assets measured at fair value
Derivative asset	4,951	10,937
Derivative liability	531	11,666
Interest rate swaps | Commercial customer counterparty | Recurring | Level 3 Inputs
Assets measured at fair value
Derivative asset	0	0
Derivative liability	0	0
Interest rate caps and collars | Financial institution counterparty | Recurring
Assets measured at fair value
Derivative asset	0	1
Interest rate caps and collars | Financial institution counterparty | Recurring | Level 1 Inputs
Assets measured at fair value
Derivative asset	0	0
Interest rate caps and collars | Financial institution counterparty | Recurring | Level 2 Inputs
Assets measured at fair value
Derivative asset	0	1
Interest rate caps and collars | Financial institution counterparty | Recurring | Level 3 Inputs
Assets measured at fair value
Derivative asset	0	0
Interest rate caps and collars | Commercial customer counterparty | Recurring
Assets measured at fair value
Derivative liability	0	1
Interest rate caps and collars | Commercial customer counterparty | Recurring | Level 1 Inputs
Assets measured at fair value
Derivative liability	0	0
Interest rate caps and collars | Commercial customer counterparty | Recurring | Level 2 Inputs
Assets measured at fair value
Derivative liability	0	1
Interest rate caps and collars | Commercial customer counterparty | Recurring | Level 3 Inputs
Assets measured at fair value
Derivative liability	$ 0	$ 0

Fair Value - Non-recurring Basi

Fair Value - Non-recurring Basis (Details)	9 Months Ended
	Sep. 30, 2021USD ($)property	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Assets measured at fair value
Impaired loans, specific allowance	$ 7,281,000		$ 4,729,000
Other real estate owned, number of properties | property	0
Writedown of other real estate owned	$ 197,000	$ 0
Non-recurring
Assets measured at fair value
Collateral dependent loans with an ACL	16,356,000		2,386,000
Servicing asset	2,944,000		2,975,000
Servicing asset at fair value, gross	3,384,000		3,531,000
Valuation allowance for servicing asset	(440,000)		556,000
Liabilities measured at fair value	0		0
Non-recurring | Level 1 Inputs
Assets measured at fair value
Collateral dependent loans with an ACL	0		0
Servicing asset	0		0
Non-recurring | Level 2 Inputs
Assets measured at fair value
Collateral dependent loans with an ACL	0		0
Servicing asset	0		0
Non-recurring | Level 3 Inputs
Assets measured at fair value
Collateral dependent loans with an ACL	16,356,000		2,386,000
Servicing asset	2,944,000		2,975,000
Collateral dependent loans with an ACL, gross	$ 23,637,000		$ 7,115,000

Fair Value - Financial Instrume

Fair Value - Financial Instruments (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Financial assets:
Held to maturity debt securities	$ 57,470,000	$ 34,283,000
Securities purchased under agreements to resell	103,692,000	0
Equity securities without a readily determinable fair value	4,130,000	3,575,000
Financial liabilities:
Subordinated debentures and subordinated notes	262,761,000	262,778,000
Securities sold under agreements to repurchase	2,455,000	2,225,000
Carrying Amount
Financial assets:
Cash and cash equivalents	229,712,000	230,825,000
Held to maturity debt securities	55,257,000	30,872,000
Securities purchased under agreements to resell	103,692,000
Loans held for sale	3,644,000	14,733,000
Loans held for investment	7,226,209,000	6,317,986,000
Accrued interest receivable	21,985,000	23,798,000
Bank-owned life insurance	83,781,000	82,855,000
Servicing asset	631,000	388,000
Equity securities without a readily determinable fair value	4,130,000	3,575,000
FHLB and FRB stock	71,803,000	71,236,000
Financial liabilities:
Deposits	7,178,752,000	6,512,846,000
Advances from FHLB	777,601,000	777,718,000
Accrued interest payable	1,231,000	2,665,000
Subordinated debentures and subordinated notes	262,761,000	262,778,000
Securities sold under agreements to repurchase	2,455,000	2,225,000
Level 1 Inputs | Fair Value
Financial assets:
Cash and cash equivalents	0	0
Held to maturity debt securities	0	0
Securities purchased under agreements to resell	0
Loans held for sale	0	0
Loans held for investment	0	0
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Servicing asset	0	0
Financial liabilities:
Deposits	0	0
Advances from FHLB	0	0
Accrued interest payable	0	0
Subordinated debentures and subordinated notes	0	0
Securities sold under agreements to repurchase	0	0
Level 2 Inputs | Fair Value
Financial assets:
Cash and cash equivalents	229,712,000	230,825,000
Held to maturity debt securities	57,470,000	34,283,000
Securities purchased under agreements to resell	103,692,000
Loans held for sale	3,644,000	14,733,000
Loans held for investment	0	0
Accrued interest receivable	21,985,000	23,798,000
Bank-owned life insurance	83,781,000	82,855,000
Servicing asset	631,000	486,000
Financial liabilities:
Deposits	7,058,094,000	6,608,849,000
Advances from FHLB	788,525,000	782,321,000
Accrued interest payable	1,231,000	2,665,000
Subordinated debentures and subordinated notes	262,761,000	262,778,000
Securities sold under agreements to repurchase	2,433,000	2,199,000
Level 3 Inputs | Fair Value
Financial assets:
Cash and cash equivalents	0	0
Held to maturity debt securities	0	0
Securities purchased under agreements to resell	0
Loans held for sale	0	0
Loans held for investment	7,172,716,000	6,335,402,000
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Servicing asset	0	0
Financial liabilities:
Deposits	0	0
Advances from FHLB	0	0
Accrued interest payable	0	0
Subordinated debentures and subordinated notes	0	0
Securities sold under agreements to repurchase	$ 0	$ 0

Derivative Financial Instrume_3

Derivative Financial Instruments - Balance Sheet Information (Details) - USD ($)	Sep. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Derivative [Line Items]
Notional Amount	$ 1,330,308,000		$ 1,441,668,000
Asset Derivative
Gross derivatives	6,127,000		28,482,000
Offsetting derivative assets	(4,500,000)		1,000
Liability Derivative
Gross derivatives	1,281,000		13,923,000
Offsetting derivative liabilities	(4,500,000)		1,000
Interest rate swap on money market deposit account payments
Derivative [Line Items]
Notional Amount				$ 250,000
Interest rate swaps
Derivative [Line Items]
Notional Amount		$ 125,000		$ 500,000
Designated as hedging instrument
Derivative [Line Items]
Notional Amount	625,000,000		750,000,000
Asset Derivative
Gross derivatives	5,095,000		17,543,000
Liability Derivative
Gross derivatives	0		2,255,000
Designated as hedging instrument | Interest rate swap on borrowing advances
Derivative [Line Items]
Notional Amount	0		500,000,000
Asset Derivative
Gross derivatives	0		17,543,000
Liability Derivative
Gross derivatives	0		0
Designated as hedging instrument | Interest rate swap on money market deposit account payments
Derivative [Line Items]
Notional Amount	250,000,000		250,000,000
Asset Derivative
Gross derivatives	1,712,000		0
Liability Derivative
Gross derivatives	0		2,255,000
Designated as hedging instrument | Interest rate swap on customer loan interest payments
Derivative [Line Items]
Notional Amount	125,000,000		0
Asset Derivative
Gross derivatives	159,000		0
Liability Derivative
Gross derivatives	0		0
Designated as hedging instrument | Interest rate swap on customer loan interest payments
Derivative [Line Items]
Notional Amount	125,000,000		0
Asset Derivative
Gross derivatives	496,000		0
Liability Derivative
Gross derivatives	0		0
Designated as hedging instrument | Interest rate swap on customer loan interest payments
Derivative [Line Items]
Notional Amount	125,000,000		0
Asset Derivative
Gross derivatives	2,728,000		0
Liability Derivative
Gross derivatives	0		0
Non-hedging derivatives
Derivative [Line Items]
Notional Amount	705,308,000		691,668,000
Asset Derivative
Gross derivatives	5,532,000		10,938,000
Liability Derivative
Gross derivatives	5,781,000		11,667,000
Financial institution counterparty | Non-hedging derivatives | Interest rate swaps
Derivative [Line Items]
Notional Amount	310,738,000		303,918,000
Asset Derivative
Gross derivatives	581,000		0
Liability Derivative
Gross derivatives	5,250,000		11,666,000
Financial institution counterparty | Non-hedging derivatives | Interest rate caps and collars
Derivative [Line Items]
Notional Amount	41,916,000		41,916,000
Asset Derivative
Gross derivatives	0		1,000
Liability Derivative
Gross derivatives	0		0
Commercial customer counterparty: | Non-hedging derivatives | Interest rate swaps
Derivative [Line Items]
Notional Amount	310,738,000		303,918,000
Asset Derivative
Gross derivatives	4,951,000		10,937,000
Liability Derivative
Gross derivatives	531,000		0
Commercial customer counterparty: | Non-hedging derivatives | Interest rate caps and collars
Derivative [Line Items]
Notional Amount	41,916,000		41,916,000
Asset Derivative
Gross derivatives	0		0
Liability Derivative
Gross derivatives	$ 0		$ 1,000

Derivative Financial Instrume_4

Derivative Financial Instruments - AOCI Reclassification (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative	$ (2,831)	$ 4,105	$ 32,841	$ 3,170
(Loss) gain reclassified from accumulated other comprehensive income into income	2,130	359	2,806	975
Interest rate swap on borrowing advances | Interest Expense | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative	0	4,096	26,357	6,621
(Loss) gain reclassified from accumulated other comprehensive income into income	0	0	0	0
Interest rate swap on money market deposit account payments | Interest Expense | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative	403		4,167	(3,373)
(Loss) gain reclassified from accumulated other comprehensive income into income	(195)		(601)	(409)
Interest rate swap on money market deposit account payments | Interest Income | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative		562
(Loss) gain reclassified from accumulated other comprehensive income into income		(194)
Commercial loan interest rate floor | Interest Income | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative	0	(553)	0	(78)
(Loss) gain reclassified from accumulated other comprehensive income into income	0	553	866	1,384
Interest rate swap on customer loan interest payments | Interest Income | Designated as hedging instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
(Loss) gain recognized in other comprehensive income on derivative	(3,234)	0	2,317	0
(Loss) gain reclassified from accumulated other comprehensive income into income	2,325	0	2,541	0
Interest rate caps and collars | Non-hedging derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net gain recognized in other noninterest income	$ 1,023	$ 1,651	$ 1,213	$ 575

Derivative Financial Instrume_5

Derivative Financial Instruments - Narrative (Details) - USD ($)	1 Months Ended	9 Months Ended
	May 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount		$ 1,330,308,000			$ 1,441,668,000
Pre-tax gain from termination of derivative		$ (43,900,000)	$ 0
Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount				$ 125,000		$ 500,000
Accretion period (in years)		10 years
Interest rate swap on money market deposit account payments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount						$ 250,000
Commercial loan interest rate floor
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 275,000
Term of contract (in years)	2 years
Floor interest rate	2.43%

Derivative Financial Instrume_6

Derivative Financial Instruments - Summary of Interest Rate Swaps Outstanding (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Derivative [Line Items]
Notional Amount	$ 1,330,308,000	$ 1,441,668,000
Interest rate swaps
Derivative [Line Items]
Notional Amount			$ 125,000	$ 500,000
Non-hedging derivatives
Derivative [Line Items]
Notional Amount	705,308,000	691,668,000
Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Notional Amount	$ 310,738,000	$ 303,918,000
Maturity	4 years 10 months 24 days	4 years 1 month 6 days
Fair Value	$ (4,669,000)	$ (11,666,000)
Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Notional Amount	$ 41,916,000	$ 41,916,000
Maturity	9 months 18 days	1 year 7 months 6 days
Fair Value	$ 0	$ 1,000
Non-hedging derivatives | Commercial customer counterparty | Interest rate swaps
Derivative [Line Items]
Notional Amount	$ 310,738,000	$ 303,918,000
Maturity	4 years 10 months 24 days	4 years 1 month 6 days
Fair Value	$ 4,420,000	$ 10,937,000
Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Notional Amount	$ 41,916,000	$ 41,916,000
Maturity	9 months 18 days	1 year 7 months 6 days
Fair Value	$ 0	$ (1,000)
LIBOR | Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate		0.00%
LIBOR | Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate	0.00%
Prime Rate | Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Floating Rate		0.25%
Minimum | Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Fixed Rate	3.14%	3.14%
Minimum | Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Fixed Rate	2.50%	2.50%
Minimum | Non-hedging derivatives | Commercial customer counterparty | Interest rate swaps
Derivative [Line Items]
Fixed Rate	3.14%	3.14%
Minimum | Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Fixed Rate	3.00%	3.00%
Minimum | LIBOR | Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Floating Rate	0.00%	0.00%
Minimum | LIBOR | Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate	0.00%
Minimum | LIBOR | Non-hedging derivatives | Commercial customer counterparty | Interest rate swaps
Derivative [Line Items]
Floating Rate	0.00%	0.00%
Minimum | LIBOR | Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate		0.00%
Maximum | Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Fixed Rate	8.47%	8.47%
Maximum | Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Fixed Rate	3.00%	3.00%
Maximum | Non-hedging derivatives | Commercial customer counterparty | Interest rate swaps
Derivative [Line Items]
Fixed Rate	8.47%	8.47%
Maximum | Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Fixed Rate	5.00%	5.00%
Maximum | LIBOR | Non-hedging derivatives | Financial institution counterparty | Interest rate swaps
Derivative [Line Items]
Floating Rate	5.00%	5.00%
Maximum | LIBOR | Non-hedging derivatives | Financial institution counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate	2.50%
Maximum | LIBOR | Non-hedging derivatives | Commercial customer counterparty | Interest rate swaps
Derivative [Line Items]
Floating Rate	5.00%	5.00%
Maximum | LIBOR | Non-hedging derivatives | Commercial customer counterparty | Interest rate caps and collars
Derivative [Line Items]
Floating Rate		2.50%

Off-Balance Sheet Loan Commit_3

Off-Balance Sheet Loan Commitments - Financial Instruments Approximate Value (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financial instruments with off-balance sheet risk
Total commitments	$ 4,462,806	$ 3,142,601
Commitments to extend credit
Financial instruments with off-balance sheet risk
Total commitments	3,737,662	2,743,571
MW commitments
Financial instruments with off-balance sheet risk
Total commitments	659,329	354,603
Standby and commercial letters of credit
Financial instruments with off-balance sheet risk
Total commitments	$ 65,815	$ 44,427

Off-Balance Sheet Loan Commit_4

Off-Balance Sheet Loan Commitments - Allowance for Unfunded Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Allowance For Unfunded Commitments [Roll Forward]
Beginning balance for ACL on unfunded commitments	$ 10,754	$ 8,398	$ 10,747	$ 878
Impact of CECL adoption	0	0	0	840
(Benefit) provision for credit losses on unfunded commitments	(448)	1,447	(441)	8,127
Ending balance of ACL on unfunded commitments	$ 10,306	$ 9,845	$ 10,306	$ 9,845

Stock-Based Awards - 2010 Plan

Stock-Based Awards - 2010 Plan - Options (Details) - 2010 Stock Option and Equity Incentive Plan - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 0	$ 0	$ 0	$ 0
Non Performance Based Stock Options
Shares Underlying Options
Outstanding at beginning of period (in shares)			20,000	257,500	257,500
Exercised (in shares)			(19,000)	(207,500)
Options exercisable at end of period (in shares)	1,000	50,000	1,000	50,000
Outstanding at the end of period (in shares)	1,000	50,000	1,000	50,000	20,000	257,500
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)			$ 10.09	$ 10.28	$ 10.28
Exercised (in dollars per share)			10	10.14
Outstanding at the end of period (in dollars per share)	$ 10.43	$ 10.84	10.43	10.84	$ 10.09	$ 10.28
Options exercisable at end of period (in dollars per share)	$ 10.43	$ 10.84	$ 10.43	$ 10.84
Weighted Average Contractual Term
Outstanding (years)			1 year 3 months 25 days	1 year 10 months 28 days	1 year 21 days	1 year 4 months 13 days
Exercisable			1 year 3 months 25 days	1 year 10 months 28 days
Aggregate Intrinsic Value
Outstanding beginning balance			$ 374,000
Outstanding ending balance	$ 145,000		145,000		$ 374,000
Exercisable	145,000		145,000
Unrecognized compensation expense	$ 0	$ 0	0	$ 0	$ 0
Non-performance-based stock options exercised			$ 568,000	$ 5,851,000

Stock-Based Awards - 2021 Grant

Stock-Based Awards - 2021 Grant Terms and Stock Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, cliff vesting period (in years)			3 years
2019 Amended Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 2,172	$ 1,588	$ 6,355	$ 4,468
Veritex (Green) 2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 494	$ 490	$ 1,481	$ 1,413

Stock-Based Awards - 2019 Amend

Stock-Based Awards - 2019 Amended Plan - Options (Details) - 2019 Amended Plan - Non Performance Based Stock Options - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Shares Underlying Options
Outstanding at beginning of period (in shares)	975,801	849,768	849,768
Granted (in shares)	500	170,025
Forfeited (in shares)		(23,735)
Cancelled (in shares)	(13,996)
Exercised (in shares)	(149,808)	(33,439)
Outstanding at the end of period (in shares)	812,497	962,619	975,801	849,768
Options exercisable at end of period (in shares)	507,597	492,204
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 24.26	$ 23.61	$ 23.61
Granted (in dollars per share)	36.54	27.31
Forfeited (in dollars per share)		27.70
Cancelled (in dollars per share)	25.93
Exercised (in dollars per share)	23.42	19.19
Outstanding at the end of period (in dollars per share)	24.40	24.32	$ 24.26	$ 23.61
Options exercisable at end of period (in dollars per share)	24.49	$ 24.23
Weighted average fair value of options granted during the period (in dollars per share)	$ 36.54
Weighted Average Contractual Term
Outstanding (years)	7 years 25 days	7 years 9 months 7 days	7 years 5 months 12 days	8 years 2 months 26 days
Exercisable	6 years 6 months 29 days	6 years 11 months 8 days
Aggregate Intrinsic Value
Outstanding (in dollars)	$ 11,929		$ 2,422
Exercisable	7,293
Unrecognized compensation expense	$ 1,219	$ 2,801	$ 2,470
Requisite service period to recognize compensation cost	10 months 17 days

Stock-Based Awards - 2019 Ame_2

Stock-Based Awards - 2019 Amended Plan - Restricted Stock Units (Details) - 2019 Amended Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
RSUs
Units
Outstanding at the beginning of the period (in shares)	441,132	175,688
Granted (in shares)	247,649	436,818
Vested into shares (in shares)	(89,819)	(82,683)
Forfeited (in shares)	(12,998)	(470)
Outstanding at the end of the period (in shares)	585,964	529,353
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 20.39	$ 21.65
Granted (in dollars per share)	26.87	26.92
Vested into shares (in dollars per share)	24.14	23.24
Forfeited (in dollars per share)	26.24	29.13
Outstanding at the end of the period (in dollars per share)	$ 22.42	$ 25.16
Additional disclosures
Equity instrument other than option, units vested	$ 2,318	$ 2,225
PSUs
Units
Outstanding at the beginning of the period (in shares)	100,195	63,727
Granted (in shares)	56,276	39,398
Vested into shares (in shares)		(1,841)
Outstanding at the end of the period (in shares)	156,471	101,284
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 23.20	$ 22.76
Granted (in dollars per share)	25.94	29.13
Vested into shares (in dollars per share)		26.65
Outstanding at the end of the period (in dollars per share)	$ 24.17	$ 25.22
Additional disclosures
Equity instrument other than option, units vested	$ 0	$ 36
Restricted Stock Units and Performance Stock Based Units
Additional disclosures
Unrecognized compensation expense	$ 10,970	9,098	$ 8,222
Requisite service period to recognize compensation cost	2 years 10 days
Non Performance Based Stock Options
Additional disclosures
Unrecognized compensation expense	$ 1,219	2,801	$ 2,470
Requisite service period to recognize compensation cost	10 months 17 days
Non-performance-based stock options exercised	$ 4,909	$ 943

Stock-Based Awards - Veritex Gr

Stock-Based Awards - Veritex Green 2014 Plan - Options (Details) - Veritex (Green) 2014 Plan - Non Performance Based Stock Options - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Shares Underlying Options
Outstanding at beginning of period (in shares)	352,000,000	386,969	386,969
Granted (in shares)		31,075
Forfeited (in shares)	(7,245,000)	(28,736)
Exercised (in shares)	(64,017,000)	(34,476)
Outstanding at the end of period (in shares)	280,738,000	354,832	352,000,000	386,969
Options exercisable at end of period (in shares)	212,536,000	212,676
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 19.99	$ 19.30	$ 19.30
Granted (in dollars per share)		29.13
Forfeited (in dollars per share)	21.38	21.38
Exercised (in dollars per share)	19.63	19.54
Outstanding at the end of period (in dollars per share)	20.03	19.95	$ 19.99	$ 19.30
Options exercisable at end of period (in dollars per share)	$ 18.84	$ 17.84
Weighted Average Contractual Term
Outstanding (years)	6 years 2 months 8 days	7 years 4 months 2 days	6 years 11 months 19 days	7 years 10 months 9 days
Exercisable	5 years 8 months 26 days	6 years 5 months 15 days
Aggregate Intrinsic Value
Outstanding (in dollars)	$ 5,457		$ 2,124
Exercisable	4,362
Unrecognized compensation expense	$ 225	$ 759	$ 626
Requisite service period to recognize compensation cost	4 months 28 days

Stock-Based Awards - Veritex (G

Stock-Based Awards - Veritex (Green) 2014 Plan - Restricted Stock Units (Details) - Veritex (Green) 2014 Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Outstanding at the beginning of the period (in shares)	156,187	116,250
Granted (in shares)	5,692	93,918
Vested into shares (in shares)	(33,335)	(38,744)
Forfeited (in shares)	(5,760)	(4,402)
Outstanding at the end of the period (in shares)	122,784	167,022
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 22.64	$ 21.38
Granted (in dollars per share)	26.12	21.36
Vested into shares (in dollars per share)	21.38	29.13
Forfeited (in dollars per share)	25.21	29.13
Outstanding at the end of the period (in dollars per share)	$ 21.13	$ 22.69
PSUs
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Outstanding at the beginning of the period (in shares)	30,728	25,320
Granted (in shares)	6,231	8,531
Forfeited (in shares)	(1,060)
Outstanding at the end of the period (in shares)	35,899	33,851
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 21.43	$ 21.38
Granted (in dollars per share)	25.94	29.13
Forfeited (in dollars per share)	19.69
Outstanding at the end of the period (in dollars per share)	$ 22.26	$ 23.33
Restricted Stock Units and Performance Stock Based Units
Weighted Average Grant Date Fair Value
Unrecognized compensation expense	$ 1,636	$ 2,842	$ 2,484
Requisite service period to recognize compensation cost	1 year 5 months 1 day

Stock-Based Awards - Veritex _2

Stock-Based Awards - Veritex (Green) 2014 Plan - Fair Value Options Exercised and Restricted Stock Units Vested (Details) - Veritex (Green) 2014 Plan - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Non Performance Based Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-performance-based stock options exercised	$ 1,898	$ 1,001
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instrument other than option, units vested	$ 713	$ 828

Stock-Based Awards - Green Banc

Stock-Based Awards - Green Bancorp Inc. 2010 Option Plan (Details) - Non Performance Based Stock Options - Green Bancorp Inc. 2010 Stock Option Plan - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Shares Underlying Options
Outstanding at beginning of period (in shares)	131,083	571,735	571,735
Exercised (in shares)	(62,742)	(440,652)
Outstanding at the end of period (in shares)	68,341	131,083	131,083	571,735
Weighted Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 11.60	$ 10.64	$ 10.64
Exercised (in dollars per share)	10.51	10.35
Outstanding at the end of period (in dollars per share)	$ 12.60	$ 11.60	$ 11.60	$ 10.64
Weighted Average Contractual Term
Outstanding (years)	2 years 4 months 6 days	5 years 1 month 24 days	4 years 10 months 24 days	1 year 8 months 26 days
Aggregate Intrinsic Value
Outstanding (in dollars)	$ 1,829		$ 1,843
Non-performance-based stock options exercised	$ 1,838	$ 12,231

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income tax expense for the period	$ 9,195	$ 6,198	$ 26,025	$ 9,501
Effective tax rate	20.00%	21.30%	21.00%	15.70%
Net discrete tax expense (benefit), share-based payment award	$ 53	$ 32	$ 322	$ (1,391)
Effective tax rate excluding discrete tax item	20.10%	21.20%	20.90%	21.00%
Net discrete tax expense			$ 104
Net discrete tax expense, true-up adjustment			$ 426
Net discrete tax benefit, prior year tax return amendment		$ 1,799

Capital Requirements and Rest_3

Capital Requirements and Restrictions on Retained Earnings (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)$ / shares	Sep. 30, 2020USD ($)$ / shares	Sep. 30, 2021USD ($)$ / shares	Sep. 30, 2020USD ($)$ / shares	Dec. 31, 2020USD ($)
Total capital (to risk-weighted assets)
Actual Amount	$ 1,160,589,000		$ 1,160,589,000		$ 1,099,031,000
Actual Ratio (as a percent)	0.1231		0.1231		0.1357
For Capital Adequacy Purposes Amount	$ 754,241,000		$ 754,241,000		$ 647,918,000
For Capital Adequacy Purposes Ratio (as a percent)	0.080		0.080		0.080
Tier 1 capital (to risk-weighted assets)
Actual Amount	$ 854,393,000		$ 854,393,000		$ 782,487,000
Actual Ratio (as a percent)	0.0906		0.0906		0.0966
For Capital Adequacy Purposes Amount	$ 565,823,000		$ 565,823,000		$ 486,017,000
For Capital Adequacy Purposes Ratio (as a percent)	0.060		0.060		0.060
Common equity tier 1 (to risk-weighted assets)
Actual Amount	$ 825,001,000		$ 825,001,000		$ 753,261,000
Actual Ratio (as a percent)	8.75%		8.75%		9.30%
For Capital Adequacy Purposes Amount	$ 424,286,000		$ 424,286,000		$ 364,481,000
For Capital Adequacy Purposes Amount (as a percent)	4.50%		4.50%		4.50%
Tier 1 capital (to average assets)
Actual Amount	$ 854,393,000		$ 854,393,000		$ 782,487,000
Actual Ratio (as a percent)	0.0954		0.0954		0.0943
For Capital Adequacy Purposes Amount	$ 358,236,000		$ 358,236,000		$ 331,914,000
For Capital Adequacy Purposes Ratio (as a percent)	0.040		0.040		0.040
Dividends paid	$ 9,906,000	$ 8,558,000	$ 26,677,000	$ 25,849,000
Bank
Total capital (to risk-weighted assets)
Actual Amount	$ 1,068,655,000		$ 1,068,655,000		$ 968,481,000
Actual Ratio (as a percent)	0.1134		0.1134		0.1196
For Capital Adequacy Purposes Amount	$ 753,901,000		$ 753,901,000		$ 647,813,000
For Capital Adequacy Purposes Ratio (as a percent)	0.080		0.080		0.080
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 942,377,000		$ 942,377,000		$ 809,767,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	0.100		0.100		0.100
Tier 1 capital (to risk-weighted assets)
Actual Amount	$ 994,810,000		$ 994,810,000		$ 884,471,000
Actual Ratio (as a percent)	0.1056		0.1056		0.1092
For Capital Adequacy Purposes Amount	$ 565,233,000		$ 565,233,000		$ 485,973,000
For Capital Adequacy Purposes Ratio (as a percent)	0.060		0.060		0.060
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 753,644,000		$ 753,644,000		$ 647,964,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	0.080		0.080		0.080
Common equity tier 1 (to risk-weighted assets)
Actual Amount	$ 994,810,000		$ 994,810,000		$ 884,471,000
Actual Ratio (as a percent)	10.56%		10.56%		10.92%
For Capital Adequacy Purposes Amount	$ 423,925,000		$ 423,925,000		$ 364,480,000
For Capital Adequacy Purposes Amount (as a percent)	4.50%		4.50%		4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 612,336,000		$ 612,336,000		$ 526,471,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	6.50%		6.50%		6.50%
Tier 1 capital (to average assets)
Actual Amount	$ 994,810,000		$ 994,810,000		$ 884,471,000
Actual Ratio (as a percent)	0.1112		0.1112		0.1066
For Capital Adequacy Purposes Amount	$ 357,845,000		$ 357,845,000		$ 331,884,000
For Capital Adequacy Purposes Ratio (as a percent)	0.040		0.040		0.040
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 447,307,000		$ 447,307,000		$ 414,855,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	0.050		0.050		0.050
Dividends paid to Holdco	$ 0	20,000,000	$ 8,440,000	$ 65,000,000
Dividends paid		$ 8,558,000
Dividends paid (in dollars per share) | $ / shares		$ 0.17		$ 0.51
Veritex Holdings, Inc.
Tier 1 capital (to average assets)
Dividends paid	$ 9,906,000		$ 26,677,000
Dividends paid (in dollars per share) | $ / shares	$ 0.20		$ 0.54

Subsequent Events (Details)

Subsequent Events (Details) - North Avenue Capital, LLC - Subsequent Event $ in Thousands	Nov. 01, 2021USD ($)
Subsequent Event [Line Items]
Cash consideration transferred in acquisition	$ 57,500
Contingent consideration period	3 years
Contingent consideration	$ 5,000

Uncategorized Items - vbtx-2021

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]