Altabancorp (ALTA) 10-Q 10 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 30, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	People's Utah Bancorp
Entity Central Index Key	0001636286
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Trading Symbol	PUB
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Common Stock, Shares Outstanding		18,801,642

UNAUDITED CONSOLIDATED BALANCE

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Cash and cash equivalents:
Cash and due from banks	$ 36,659	$ 39,471
Interest bearing deposits	106,467	7,456
Federal funds sold	896	1,620
Total cash and cash equivalents	144,022	48,547
Investment securities:
Available for sale, at fair value	347,123	280,964
Held to maturity, at historical cost		65,462
Total investment securities	347,123	346,426
Non-marketable equity securities	2,623	2,551
Loans held for sale	7,184	10,267
Loans:
Loans held for investment	1,676,889	1,678,902
Allowance for loan losses	(25,923)	(25,245)
Total loans held for investment, net	1,650,966	1,653,657
Premises and equipment, net	37,836	36,532
Goodwill	25,673	25,673
Bank-owned life insurance	26,581	26,433
Deferred income tax assets, net	10,354	11,514
Accrued interest receivable	8,593	8,282
Other intangibles	3,301	3,412
Other assets	6,551	11,000
Total assets	2,270,807	2,184,294
Deposits:
Non-interest bearing deposits	655,866	642,594
Interest bearing deposits	1,295,459	1,234,461
Total deposits	1,951,325	1,877,055
Accrued interest payable	521	483
Other liabilities	17,634	16,594
Total liabilities	1,969,480	1,894,132
Shareholders’ equity:
Preferred shares, $0.01 par value: 3,000,000 shares authorized, no shares issued
Common shares, $0.01 par value: 30,000,000 shares authorized; 18,797,280 and 18,728,823 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively	188	187
Additional paid-in capital	86,892	86,308
Retained earnings	216,216	207,779
Accumulated other comprehensive loss	(1,969)	(4,112)
Total shareholders’ equity	301,327	290,162
Total liabilities and shareholders’ equity	$ 2,270,807	$ 2,184,294

UNAUDITED CONSOLIDATED BALANC_2

UNAUDITED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Preferred shares, par value	$ 0.01	$ 0.01
Preferred shares, authorized	3,000,000	3,000,000
Preferred shares, issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	18,797,280	18,728,823
Common stock, shares outstanding	18,797,280	18,728,823

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Interest income
Interest and fees on loans	$ 26,980	$ 25,783
Interest and dividends on investments	2,172	1,656
Total interest income	29,152	27,439
Interest expense	2,245	1,495
Net interest income	26,907	25,944
Provision for loan losses	1,550	2,050
Net interest income after provision for loan losses	25,357	23,894
Non-interest income
Mortgage banking	1,417	1,638
Card processing	615	723
Service charges on deposit accounts	657	673
Net gain on sale of investment securities		2
Other	648	682
Total non-interest income	3,337	3,718
Non-interest expense
Salaries and employee benefits	9,886	10,423
Occupancy, equipment and depreciation	1,456	1,543
Data processing	964	870
Marketing and advertising	116	446
FDIC premiums	90	329
Acquisition-related costs		349
Other	2,404	2,088
Total non-interest expense	14,916	16,048
Income before income tax expense	13,778	11,564
Income tax expense	3,273	2,560
Net income	$ 10,505	$ 9,004
Earnings per common share:
Basic	$ 0.56	$ 0.48
Diluted	$ 0.55	$ 0.48
Weighted average common shares outstanding:
Basic	18,781,210	18,598,436
Diluted	18,989,565	18,937,637

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 10,505	$ 9,004
Other comprehensive income
Unrealized holding gains/(losses) on securities available for sale	2,856	(2,468)
Income tax (expense)/benefit	(713)	617
Unrealized holding gains/(losses) on securities available for sale, net of tax	2,143	(1,851)
Total comprehensive income	$ 12,648	$ 7,153

UNAUDITED CONSOLIDATED STATEM_3

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Shares	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance, beginning at Dec. 31, 2017	$ 257,418	$ 185	$ 84,532	$ 174,804	$ (2,103)
Balance, beginning, Shares at Dec. 31, 2017		18,511,797
Net income	9,004			9,004
Other comprehensive income (loss)	(1,851)				(1,851)
Cash dividends	(1,672)			(1,672)
Share-based compensation	216		216
Issuance of shares under stock incentive plans	684	$ 2	682
Issuance of shares under stock incentive plans, Shares		162,435
Balance, ending at Mar. 31, 2018	263,799	$ 187	85,430	182,136	(3,954)
Balance, ending, Shares at Mar. 31, 2018		18,674,232
Balance, beginning at Dec. 31, 2018	$ 290,162	$ 187	86,308	207,779	(4,112)
Balance, beginning, Shares at Dec. 31, 2018	18,728,823	18,728,823
Net income	$ 10,505			10,505
Other comprehensive income (loss)	2,143				2,143
Cash dividends	(2,068)			(2,068)
Share-based compensation	191		191
Issuance of shares under stock incentive plans	394	$ 1	393
Issuance of shares under stock incentive plans, Shares		68,457
Balance, ending at Mar. 31, 2019	$ 301,327	$ 188	$ 86,892	$ 216,216	$ (1,969)
Balance, ending, Shares at Mar. 31, 2019	18,797,280	18,797,280

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Of Stockholders Equity [Abstract]
Cash dividends per share	$ 0.11	$ 0.09

UNAUDITED CONSOLIDATED STATEM_5

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 10,505	$ 9,004
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,550	2,050
Depreciation and amortization	974	738
Deferred income taxes	446	(561)
Net amortization of securities discounts and premiums	574	682
Increase in cash surrender value of bank-owned life insurance	(148)	(148)
Share-based compensation	191	216
Gain on sale of loans held for sale	(942)	(1,150)
Originations of loans held for sale	(40,237)	(56,474)
Proceeds from sale of loans held for sale	44,262	57,877
Net changes in:
Accrued interest receivable	(311)	(22)
Other assets	4,423	(2,217)
Accrued interest payable	38	1
Other liabilities	(1,129)	2,834
Net cash provided by operating activities	20,196	12,830
Cash flows from investing activities:
Net change in loans held for investment	1,141	(58,963)
Purchase of available-for-sale securities	(10,260)
Proceeds from maturities/sales of available-for-sale securities	10,475	10,566
Proceeds from maturities of held-to-maturity securities	1,370	572
Purchase of bank-owned life insurance		(2,250)
Purchase of premises and equipment	(2,154)	(47)
Proceeds from sale of other real estate owned, net of improvements	2,183	438
Purchase of non-marketable equity securities	(4,032)	(7,115)
Proceeds from sale of non-marketable equity securities	3,960	5,110
Net cash (used in) provided by investing activities	2,683	(51,689)
Cash flows from financing activities:
Net increase in deposits	74,270	(8,307)
Proceeds related to exercise of stock options	394	684
Net change in short-term borrowings		39,000
Cash dividends paid	(2,068)	(1,672)
Net cash provided by financing activities	72,596	29,705
Net change in cash and cash equivalents	95,475	(9,154)
Cash and cash equivalents, beginning of period	48,547	51,027
Cash and cash equivalents, end of period	144,022	41,873
Supplemental disclosures of cash flow information:
Cash paid for interest	2,207	1,494
Supplemental disclosures of non-cash investing transactions:
Reclassifications from loans to other real estate owned		(745)
Unrealized gains / (losses) on securities available-for-sale	2,856	(2,468)
Measurement period adjustment to goodwill		$ (664)
Transfer of HTM securities to AFS	$ 64,648

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Nature of operations and basis of consolidation — People’s Utah Bancorp, Inc. (“PUB” or the “Company”) is a Utah corporation headquartered in American Fork, Utah. The Company operates all business activities through its wholly-owned banking subsidiary, People’s Intermountain Bank (“PIB” or the “Bank”), which was organized in 1913. The Bank is a Utah state chartered bank. The Bank operates under the jurisdiction of the Utah Department of Financial Institutions, and its deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank is not a member of the Federal Reserve System; however, PUB is operated as a bank holding company under the Federal Bank Holding Company Act of 1956 and is the sole shareholder of the Bank. Both PUB and the Bank are subject to periodic examination by applicable federal and state regulatory agencies and file periodic reports and other information with the agencies. The Company considers the Bank to be its sole operating segment. PIB is a community bank that provides highly personalized retail and commercial banking products and services to small and medium sized businesses and to individuals. Products and services are offered primarily through 26 retail branches located throughout Utah and southern Idaho. PIB has three banking divisions, Bank of American Fork, Lewiston State Bank, and People’s Town & Country Bank; and a mortgage division, People’s Intermountain Bank Mortgage. The Bank offers a full range of short-term to long-term commercial, personal and mortgage loans. Commercial loans include both secured and unsecured loans for working capital (including inventory and accounts receivable), business expansion (including acquisition of real estate and improvements), and purchase of equipment and machinery. Consumer loans include secured and unsecured loans to finance automobiles, home improvements, education, and personal investments. The Bank also offers mortgage loans secured by personal residences. The Bank offers a full range of deposit services typically available in most financial institutions, including checking accounts, savings accounts, and time deposits. The Bank solicits these accounts from individuals, businesses, associations and organizations, and governmental entities. The accompanying unaudited interim consolidated financial statements include the accounts of the Company together with its subsidiary Bank. All intercompany transactions and balances have been eliminated. These unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (SEC). In preparing these financial statements, the Company has evaluated events and transactions subsequent to March 31, 2019, for potential recognition or disclosure. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. Certain information and disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC and the accounting standards for interim financial statements. Certain reclassifications have been made to the 2018 Consolidated Financial Statements and/or schedules to conform to the 2019 presentation. These reclassifications may have affected certain ratios for the prior periods. The effect of these reclassifications is considered immaterial. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements. Various elements of the Company’s accounting policies, by their nature, are inherently subject to estimation techniques, valuation assumptions and other subjective assessments. In particular, management has identified several accounting policies that, due to the judgments, estimates and assumptions inherent in those policies, are significant to an understanding of the Company’s financial statements. These policies relate to (i) the methodology for the recognition of interest income, (ii) determination of the provision and allowance for loan losses, (iii) the valuation of financial assets and liabilities recorded at fair value, including other-than-temporary impairment (OTTI) losses, (iv) the valuation of intangibles, such as goodwill, core deposit intangibles (CDI) and mortgage servicing rights, (v) the valuation of real estate held for sale, (vi) the valuation of assets and liabilities acquired in business combinations and subsequent recognition of related income and expense, and (vii) the valuation or recognition of deferred tax assets and liabilities. These policies and judgments, estimates and assumptions are described in greater detail in subsequent notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations (Critical Accounting Policies) in our Annual Report on Form 10-K for the year ended December 31, 2018 filed with the SEC (2018 Form 10-K). There have been no significant changes in our application of these accounting policies during the first three months of 2019, except as described later in Note 1. The information included in this Form 10-Q should be read in conjunction with our 2018 Form 10-K. Interim results are not necessarily indicative of results for a full year or any other interim period. Note 1 — Basis of Presentation and Significant Accounting Policies – Continued Earnings per share — Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares include shares that may be issued by the Company for outstanding stock options determined using the treasury stock method and for all outstanding restricted stock units (“RSU”). Reclassifications — Certain amounts in the prior period’s financial statements have been reclassified to conform to the current period’s presentation. Impact of Recent Authoritative Accounting Guidance —The Accounting Standards Codification™ (“ASC”) is the Financial Accounting Standards Board’s (“FASB”) officially recognized source of authoritative GAAP applicable to all public and non-public non-governmental entities. Periodically, the FASB will issue Accounting Standard Updates (“ASU”) to its ASC. Rules and interpretive releases of the SEC under the authority of the federal securities laws are also sources of authoritative GAAP for us as an SEC registrant. All other accounting literature is non-authoritative. In August 2018, FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The amendments in this ASU broaden the scope of ASC Subtopic 350-40 to include costs incurred to implement a 104 hosting arrangement that is a service contract. The amendments align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with the accounting for costs for internal-use software. The amendments in this ASU result in consistent capitalization of implementation costs of a hosting arrangement that is a service contract and implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in this ASU. This ASU is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. The amendments in this ASU should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. Adoption of ASU 2018-15 is not expected to have a material impact on the Company’s Consolidated Financial Statements. In August 2018, FASB issued ASU 2018-13, Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this ASU modify the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. The ASU removes, modifies and adds disclosure requirements in Topic 820. The following disclosure requirements were removed: 1) the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; 2) the policy for timing of transfers between levels; and 3) the valuation processes for Level 3 fair value measurements. This ASU modified disclosure requirements by requiring that the measurement uncertainty disclosure communicates information about the uncertainty in measurement as of the reporting date. The following disclosure requirements were added: 1) changes in unrealized gains and losses for the period included in other comprehensive income for the recurring Level 3 fair value measurements held at the end of the reporting period; and 2) the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The amendments in this ASU are effective for all entities for fiscal years; and interim periods within those fiscal years, beginning after December 15, 2019. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this ASU and delay adoption of the additional disclosures until their effective date. Adoption of ASU 2018-13 is not expected to have a material impact on the Company’s Consolidated Financial Statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The ASU significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model. This ASU is effective for interim and annual reporting periods beginning after December 15, 2019. Early adoption is permitted for all entities beginning after December 15, 2018, including interim periods within those fiscal years. The Company is in the process of identifying required changes to the loan loss estimation models and processes and evaluating the impact of this new guidance. Once adopted, we expect our allowance for loan losses to increase; however, until our evaluation is complete, the magnitude of the increase is not known. In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842). The amendments in this ASU require lessees to recognize the following for all leases (with the exception of short-term) at the commencement date; a lease liability, which is a lessee‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The amendments in this ASU leave lessor accounting largely unchanged, although certain targeted improvements were made to align lessor accounting with the lessee accounting model. This ASU simplifies the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Note 1 — Basis of Presentation and Significant Accounting Policies – Continued Lessees will no longer be provided with a source of off-balance sheet financing. ASU No. 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018, and entities are required to use a modified retrospective approach for leases. The Company adopted the new guidance effective January 1, 2019. The Company elected the transition option provided in ASU No. 2018-11 and applied the modified retrospective approach. The Company also elected certain relief options for practical expedients: the option to not separate lease and non-lease components and instead to account for them as a single lease component, and the option to not recognize right-of-use assets and lease liabilities that arise from short-term leases (i.e. leases terms of twelve months or less). The Company has eight real property leases under non-cancelable operating leases, three of which will be subject to this ASU that will result in the recognition of right-of-use assets and lease liabilities. All of the Company’s equipment is owned or on short-term leases. The Company compiled a complete inventory of arrangements containing leases and analyzed the lease data necessary to meet the new requirements. In connection with the adoption of this ASU, as of January 1, 2019, the Company recorded a $2.2 million right of use asset and a $2.2 million lease liability on its Consolidated Statements of Financial Condition.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]
Investment Securities	Note 2 — Investment Securities Amortized cost and estimated fair value of investment securities available for sale are summarized as follows: Gross Unrealized Losses Less 12 Gross Than Months Amortized Unrealized 12 or Fair (Dollars in thousands) Cost Gains Months Longer Value As of March 31, 2019 U.S. Government-sponsored securities $ 48,955 $ 9 $ - $ (249 ) $ 48,715 Municipal securities 73,074 283 (1 ) (242 ) 73,114 Mortgage-backed securities 222,720 796 (55 ) (2,841 ) 220,620 Corporate securities 5,000 - - (326 ) 4,674 $ 349,749 $ 1,088 $ (56 ) $ (3,658 ) $ 347,123 As of December 31, 2018 U.S. Government-sponsored securities $ 48,954 $ - $ - $ (588 ) $ 48,366 Municipal securities 10,274 59 (12 ) (53 ) 10,268 Mortgage-backed securities 222,218 218 (156 ) (4,523 ) 217,757 Corporate securities 5,000 - (23 ) (404 ) 4,573 $ 286,446 $ 277 $ (191 ) $ (5,568 ) $ 280,964 Amortized cost and estimated fair value of investment securities held to maturity are as follows: Gross Unrealized Losses Less 12 Gross Than Months Amortized Unrealized 12 or Fair (Dollars in thousands) Cost Gains Months Longer Value As of December 31, 2018 Municipal securities $ 65,462 $ 28 $ (39 ) $ (685 ) $ 64,766 In August 2017, the FASB amended the Derivatives and Hedging topic of the FASB ASC. The primary focus of the amendment is to simplify hedge accounting and make the results of hedge transactions in the financial statements easier to understand. An ancillary result of the amendment is that an entity may make a one-time transfer of certain securities from the held to maturity classification to the available for sale classification. The amendment is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. As allowed under this accounting pronouncement, the Company has elected to makes a one-time transfer of $64.6 million of held to maturity securities to the available for sale classification as of January 1, 2019, and has recorded an unrecognized loss of $19,000, net of taxes, to other comprehensive income. Note 2 — Investment Securities – continued At March 31, 2019 and December 31, 2018, the gross unrealized losses and the fair value for securities available for sale and held to maturity were as follows: March 31, 2019 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Value Losses Value Losses Available-for-Sale U.S. Government-sponsored securities $ - $ - $ 38,814 $ (249 ) $ 38,814 $ (249 ) Municipal securities 289 (1 ) 37,515 (242 ) 37,804 (243 ) Mortgage-backed securities 15,179 (55 ) 142,699 (2,841 ) 157,878 (2,896 ) Corporate securities - - 4,674 (326 ) 4,674 (326 ) $ 15,468 $ (56 ) $ 223,702 $ (3,658 ) $ 239,170 $ (3,714 ) December 31, 2018 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Value Losses Value Losses Available-for-Sale U.S. Government-sponsored securities $ - $ - $ 48,366 $ (588 ) $ 48,366 $ (588 ) Municipal securities 1,701 (12 ) 4,095 (53 ) 5,796 (65 ) Mortgage-backed securities 35,155 (156 ) 150,569 (4,523 ) 185,724 (4,679 ) Corporate securities 1,977 (23 ) 2,596 (404 ) 4,573 (427 ) $ 38,833 $ (191 ) $ 205,626 $ (5,568 ) $ 244,459 $ (5,759 ) Held-to Maturity Municipal securities $ 9,163 $ (39 ) $ 46,996 $ (685 ) $ 56,159 $ (724 ) The amortized cost and estimated fair value of investment securities that are available for sale and held to maturity at March 31, 2019, by contractual maturity, are as follows: Available-For-Sale Amortized Fair (Dollars in thousands) Cost Value Securities maturing in: One year or less $ 44,381 $ 44,188 After one year through five years 76,850 76,384 After five years through ten years 57,797 56,866 After ten years 170,721 169,685 $ 349,749 $ 347,123 Actual maturities may differ from contractual maturities because issuers may have the right to call obligations with or without penalties and other securities may experience pre-payments. As of March 31, 2019, the Company held 259 available for sale investment securities with fair value less than amortized cost compared to 201 at December 31, 2018. In addition, the Company held 122 held to maturity securities with fair values less than amortized cost at December 31, 2018. The company had no held to maturity securities with fair values less than amortized cost at March 31, 2019. Management evaluated these investment securities and determined that the decline in value is temporary and related to the change in market interest rates since purchase. The decline in value is not related to any company or industry specific event. The Company anticipates full recovery of the amortized cost with respect to these securities at maturity, or sooner, in the event of a more favorable market interest rate environment. Note 2 — Investment Securities – continued The Company had no sales of available for sale securities during the three months ended March 31, 2019 and 2018, respectively. There were no available for sale securities in a nonaccrual status at March 31, 2019 or December 31, 2018. The Company had no sales of held to maturity securities during the three months ended March 31, 2019 and 2018, respectively. The company had no held to maturity securities in a nonaccrual status at March 31, 2019 or December 31, 2018.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 3 — Loans and Allowance for Loan Losses Loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Loans held for investment: Commercial real estate loans: Real estate term $ 899,509 $ 891,131 Construction and land development 322,132 324,506 Total commercial real estate loans 1,221,641 1,215,637 Commercial and industrial loans 293,895 295,569 Consumer loans: Residential and home equity 150,608 155,601 Consumer and other 15,087 16,621 Total consumer loans 165,695 172,222 Total gross loans 1,681,231 1,683,428 Net deferred loan fees (4,342 ) (4,526 ) Total loans held for investment 1,676,889 1,678,902 Allowance for loan losses (25,923 ) (25,245 ) Total loans held for investment, net $ 1,650,966 $ 1,653,657 Changes in the allowance for loan losses (“ALLL”) are as follows: Three Months Ended March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Balance at beginning of period $ 9,968 $ 7,022 $ 7,227 $ 729 $ 299 $ 25,245 Additions: Provisions for loan losses 204 133 1,281 72 (140 ) 1,550 Deductions: Gross loan charge-offs - (5 ) (1,086 ) (19 ) (64 ) (1,174 ) Recoveries - 32 180 22 68 302 Net loan (charge-offs) / recoveries - 27 (906 ) 3 4 (872 ) Balance at end of period $ 10,172 $ 7,182 $ 7,602 $ 804 $ 163 $ 25,923 Three Months Ended March 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Balance at beginning of period $ 6,706 $ 6,309 $ 4,314 $ 815 $ 159 $ 18,303 Additions: Provisions for loan losses 531 474 1,325 (200 ) (80 ) 2,050 Deductions: Gross loan charge-offs - - (193 ) - (65 ) (258 ) Recoveries 12 25 516 27 56 636 Net loan (charge-offs) / recoveries 12 25 323 27 (9 ) 378 Balance at end of period $ 7,249 $ 6,808 $ 5,962 $ 642 $ 70 $ 20,731 Note 3 — Loans and Allowance for Loan Losses – Continued Non-accrual loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Non-accrual loans, not troubled debt restructured: Real estate term $ 355 $ 309 Construction and land development 429 - Commercial and industrial 216 347 Residential and home equity 51 - Consumer and other 17 - Total non-accrual loans, not troubled debt restructured 1,068 656 Troubled debt restructured loans, non-accrual: Real estate term 1,420 1,449 Construction and land development - - Commercial and industrial 130 150 Residential and home equity - - Consumer and other - - Total troubled debt restructured loans, non-accrual 1,550 1,599 Total non-accrual loans $ 2,618 $ 2,255 As of March 31, 2019, and December 31, 2018, there are $2.07 million and $ 2.24 million, respectively, in Purchased Credit Impaired (“PCI”) loans that are not performing to the original contractual terms. Including these PCI loans, total non-accrual loans are $4.7 million and $4.5 million at March 31, 2019, and December 31, 2018. Troubled debt restructured (“TDR”) loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Accruing troubled debt restructured loans $ 12,374 $ 5,912 Non-accrual troubled debt restructured loans 1,550 1,599 Total troubled debt restructured loans $ 13,924 $ 7,511 There were no PCI TDR non-performing loans as of March 31, 2019 and December 31, 2018. A restructured loan is considered a troubled debt restructured loan (“TDR”), if the Company, for economic or legal reasons related to the debtor’s financial difficulties, grants a concession in terms or a below-market interest rate to the debtor that it would not otherwise consider. Each TDR loan is separately negotiated with the borrower and includes terms and conditions that reflect the borrower’s prospective ability to service the debt as modified. The following tables present TDRs that occurred during the periods presented and the TDRs for which the payment default occurred within twelve months of the restructure date. A default on a restructured loan results in a transfer to nonaccrual status, a charge-off or a combination of both. Note 3 — Loans and Allowance for Loan Losses – Continued March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total TDRs that occurred during the period (1) (2) Number of loans 4 - 7 1 - 12 Pre-modification balance $ 4,256 $ - $ 2,391 $ 18 $ - $ 6,665 Post-modification balance $ 4,256 $ - $ 2,391 $ 18 $ - $ 6,665 TDRs that subsequently defaulted Number of loans - - - - - - Recorded balance $ - $ - $ - $ - $ - $ - March 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and Home and (Dollars in thousands) Term Development Industrial Equity Other Total TDRs that occurred during the period (1) (2) Number of loans 2 - 3 - - 5 Pre-modification balance $ 1,592 $ - $ 211 $ - $ - $ 1,803 Post-modification balance $ 1,592 $ - $ 211 $ - $ - $ 1,803 TDRs that subsequently defaulted Number of loans 2 - 3 - - 5 Recorded balance $ 1,449 $ - $ 150 $ - $ - $ 1,599 (1) Since most loans were already considered classified and/or on non-accrual status prior to restructuring, the modifications did not have a material effect on the Company’s determination of the allowance for loan losses. (2) Generally, these modifications do not fit into one separate type, such as rate, term, amount, interest-only or payment, but instead are a combination of multiple types of modifications; therefore, they are disclosed in aggregate. Current and past due loans held for investment (accruing and non-accruing) are summarized as follows: March 31, 2019 Purchased 30-89 Days 90+ Days Non- Total Credit Total (Dollars in thousands) Current Past Due Past Due accrual Past Due Impaired Loans Commercial real estate: Real estate term $ 895,363 $ 1,453 $ - $ 1,775 $ 3,228 $ 918 $ 899,509 Construction and land development 320,160 1,314 - 429 1,743 229 322,132 Total commercial real estate 1,215,523 2,767 - 2,204 4,971 1,147 1,221,641 Commercial and industrial 287,012 3,039 - 346 3,385 3,498 293,895 Consumer: Residential and home equity 149,845 712 - 51 763 - 150,608 Consumer and other 14,825 229 16 17 262 - 15,087 Total consumer 164,670 941 16 68 1,025 - 165,695 Total gross loans $ 1,667,205 $ 6,747 $ 16 $ 2,618 $ 9,381 $ 4,645 $ 1,681,231 Note 3 — Loans and Allowance for Loan Losses – Continued December 31, 2018 Purchased 30-89 Days 90+ Days Non- Total Credit Total (Dollars in thousands) Current Past Due Past Due accrual Past Due Impaired Loans Commercial real estate: Real estate term $ 886,974 $ 1,467 $ - $ 1,758 $ 3,225 $ 932 $ 891,131 Construction and land development 321,389 2,833 - - 2,833 284 324,506 Total commercial real estate 1,208,363 4,300 - 1,758 6,058 1,216 1,215,637 Commercial and industrial 288,328 3,225 - 497 3,722 3,519 295,569 Consumer: Residential and home equity 154,368 1,233 - - 1,233 - 155,601 Consumer and other 16,180 424 17 - 441 - 16,621 Total consumer 170,548 1,657 17 - 1,674 - 172,222 Total gross loans $ 1,667,239 $ 9,182 $ 17 $ 2,255 $ 11,454 $ 4,735 $ 1,683,428 Credit Quality Indicators: In addition to past due and non-accrual criteria, the Company also analyzes loans using a loan grading system. Performance-based grading follows the Company’s definitions of Pass, Special Mention, Substandard and Doubtful, which are consistent with published definitions of regulatory risk classifications. Definitions of Pass, Special Mention, Substandard, and Doubtful are summarized as follows: Pass : A Pass asset is higher quality and does not fit any of the other categories described below. The likelihood of loss is considered remote. Special Mention : A Special Mention asset has potential weaknesses that may be temporary or, if left uncorrected, may result in a loss. While concerns exist, the Company is currently protected and loss is considered unlikely and not imminent. Substandard : A Substandard asset is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified have well defined weaknesses and are characterized by the distinct possibility that the Company may sustain some loss if deficiencies are not corrected. Doubtful : A Doubtful asset has all the weaknesses inherent in a Substandard asset with the added characteristics that the weaknesses make collection or liquidation in full highly questionable. For Consumer loans, the Company generally assigns internal risk grades similar to those described above based on payment performance. Outstanding loan balances (accruing and non-accruing) categorized by these credit quality indicators are summarized as follows: March 31, 2019 Special Total Total (Dollars in thousands) Pass Mention Substandard Doubtful Loans Allowance Commercial real estate: Real estate term $ 874,115 $ 10,715 $ 14,679 $ - $ 899,509 $ 10,172 Construction and land development 313,427 6,288 2,417 - 322,132 7,182 Total commercial real estate 1,187,542 17,003 17,096 - 1,221,641 17,354 Commercial and industrial 260,642 20,014 13,239 - 293,895 7,602 Consumer loans: Residential and home equity 146,209 - 4,399 - 150,608 804 Consumer and other 15,081 - 6 - 15,087 163 Total consumer 161,290 - 4,405 - 165,695 967 Total $ 1,609,474 $ 37,017 $ 34,740 $ - $ 1,681,231 $ 25,923 Note 3 — Loans and Allowance for Loan Losses – Continued December 31, 2018 Special Total Total (Dollars in thousands) Pass Mention Substandard Doubtful Loans Allowance Commercial real estate: Real estate term $ 865,472 $ 14,339 $ 11,320 $ - $ 891,131 $ 9,968 Construction and land development 322,625 1,332 549 - 324,506 7,022 Total commercial real estate 1,188,097 15,671 11,869 - 1,215,637 16,990 Commercial and industrial 271,825 10,138 13,606 - 295,569 7,227 Consumer loans: Residential and home equity 150,590 620 4,391 - 155,601 729 Consumer and other 16,574 29 18 - 16,621 299 Total consumer 167,164 649 4,409 - 172,222 1,028 Total $ 1,627,086 $ 26,458 $ 29,884 $ - $ 1,683,428 $ 25,245 The ALLL and outstanding loan balances reviewed according to the Company’s impairment method are summarized as follows: March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Allowance for loan losses: Individually evaluated for impairment $ 229 $ 133 $ 1,929 $ 130 $ - $ 2,421 Collectively evaluated for impairment 9,943 7,049 5,673 674 163 23,502 Purchased credit-impaired loans - - - - - - Total $ 10,172 $ 7,182 $ 7,602 $ 804 $ 163 $ 25,923 Outstanding loan balances: Individually evaluated for impairment $ 13,763 $ 1,882 $ 9,497 $ 4,483 $ - $ 29,625 Collectively evaluated for impairment 884,828 320,021 280,900 146,125 15,087 1,646,961 Purchased credit-impaired loans 918 229 3,498 - - 4,645 Total gross loans $ 899,509 $ 322,132 $ 293,895 $ 150,608 $ 15,087 $ 1,681,231 December 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Allowance for loan losses: Individually evaluated for impairment $ 324 $ - $ 1,781 $ 55 $ - $ 2,160 Collectively evaluated for impairment 9,644 7,022 5,446 674 299 23,085 Purchased credit-impaired loans - - - - - - Total $ 9,968 $ 7,022 $ 7,227 $ 729 $ 299 $ 25,245 Outstanding loan balances: Individually evaluated for impairment $ 9,689 $ 268 $ 9,581 $ 4,095 $ - $ 23,633 Collectively evaluated for impairment 880,510 323,954 282,469 151,506 16,621 1,655,060 Purchased credit-impaired loans 932 284 3,519 - - 4,735 Total gross loans $ 891,131 $ 324,506 $ 295,569 $ 155,601 $ 16,621 $ 1,683,428 Note 3 — Loans and Allowance for Loan Losses – Continued Information on impaired loans, excluding PCI loans, is summarized as follows: March 31, 2019 Recorded Investment Unpaid Total Principal With No With Recorded Related (Dollars in thousands) Balance Allowance Allowance Investment Allowance Commercial real estate: Real estate term $ 13,763 $ 11,317 $ 2,446 $ 13,763 $ 229 Construction and land development 2,585 - 1,882 1,882 133 Total commercial real estate 16,348 11,317 4,328 15,645 362 Commercial and industrial 10,012 3,236 6,261 9,497 1,929 Consumer loans: Residential and home equity 4,483 2,499 1,984 4,483 130 Consumer and other - - - - - Total consumer 4,483 2,499 1,984 4,483 130 Total $ 30,843 $ 17,052 $ 12,573 $ 29,625 $ 2,421 December 31, 2018 Recorded Investment Unpaid Total Principal With No With Recorded Related (Dollars in thousands) Balance Allowance Allowance Investment Allowance Commercial real estate: Real estate term $ 9,689 $ 3,823 $ 5,866 $ 9,689 $ 324 Construction and land development 997 268 - 268 - Total commercial real estate 10,686 4,091 5,866 9,957 324 Commercial and industrial 10,113 5,494 4,087 9,581 1,781 Consumer loans: Residential and home equity 4,095 3,046 1,049 4,095 55 Consumer and other - - - - - Total consumer 4,095 3,046 1,049 4,095 55 Total $ 24,894 $ 12,631 $ 11,002 $ 23,633 $ 2,160 The interest income recognized on impaired loans, excluding PCI loans, was as follows: Three Months Ended March 31, 2019 March 31, 2018 Average Interest Average Interest Recorded Income Recorded Income (Dollars in thousands) Investment Recognition Investment Recognition Commercial real estate: Real estate term $ 10,117 $ 123 $ 9,332 $ 108 Construction and land development 1,087 17 2,676 39 Total commercial real estate 11,204 140 12,008 147 Commercial and industrial 9,414 155 10,901 132 Consumer loans: Residential and home equity 3,172 47 1,700 21 Consumer and other - - - - Total consumer 3,172 47 1,700 21 Total $ 23,790 $ 342 $ 24,609 $ 300 Note 3 — Loans and Allowance for Loan Losses – Continued Purchased credit-impaired loans and purchased non-credit-impaired loans . Purchased loans, including loans acquired in business combinations, are recorded at their fair value at the acquisition date. Credit discounts are included in the determination of fair value; therefore, an allowance for loan and lease losses is not recorded at the acquisition date. Acquired loans are evaluated upon acquisition and classified as either purchased credit-impaired (PCI) or purchased non-credit-impaired. PCI loans reflect credit deterioration since origination such that it is probable at acquisition that the Company will be unable to collect all contractually required payments. The outstanding contractual unpaid principal balance of PCI loans, excluding acquisition accounting adjustments, was $7.4 million at March 31, 2019 and $7.7 million at December 31, 2018. The carrying balance of PCI loans was $4.6 million at March 31, 2019 and $4.7 million at December 31, 2018. The following table presents the changes in the accretable yield for PCI loans for the three months ended March 31, 2019, and 2018: Three Months Ended March 31, (Dollars in thousands) 2019 2018 Balance, beginning of period $ 5,884 $ 8,536 Accretion to interest income (528 ) (1,166 ) Reclassification from non-accretable difference 95 - Balance, end of period $ 5,451 $ 7,370 As of March 31, 2019 and December 31, 2018, the non-accretable difference between the contractually required payments and cash flows expected to be collected were $2.8 million and $2.9 million, respectively. Loans and Deposits to affiliates — The Company has entered into loan transactions with certain directors, affiliated companies and executive committee members (“affiliates”). Such transactions were made in the ordinary course of business on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and did not, in the opinion of management, involve more than normal credit risk or present other unfavorable features. Total outstanding loans with affiliates were approximately $5.8 million and $5.6 million as of March 31, 2019, and December 31, 2018, respectively. Available lines of credit for loans and credit cards to affiliates were approximately $712,000 and $951,000 as of March 31, 2019, and December 31, 2018, respectively. Deposits from affiliates were $7.8 million and $8.8 million as of March 31, 2019 and December 31, 2018, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 4 — Commitments and Contingencies Litigation contingencies — The Company is involved in various claims, legal actions and complaints which arise in the ordinary course of business. In the Company’s opinion, all such matters are adequately covered by insurance, are without merit or are of such kind, or involve such amounts, that unfavorable disposition would not have a material adverse effect on the financial condition or results of operations of the Company. Commitments to extend credit — In the normal course of business, the Company has outstanding commitments and contingent liabilities, such as commitments to extend credit and unused credit card lines, which are not included in the accompanying consolidated financial statements. The Company’s exposure to credit loss in the event of non-performance by other parties to the financial instruments for commitments to extend credit and unused credit card lines is represented by the contractual or notional amount of those instruments. The Company uses the same credit policies in making such commitments as it does for instruments that are included in the consolidated balance sheets. Contractual amounts of off-balance sheet financial instruments were as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Commitments to extend credit, including unsecured commitments of $16,986 and $16,304 as of March 31, 2019 and December 31, 2018, respectively $ 567,636 $ 577,612 Stand-by letters of credit and bond commitments, including unsecured commitments of $695 and $730 as of March 31, 2019 and December 31, 2018, respectively 22,780 22,979 Unused credit card lines, all unsecured 25,020 24,885 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. The commitments to extend credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Unused credit card lines are commitments for possible future extensions of credit to existing customers. These lines of credit are uncollateralized and usually do not contain a specified maturity date and may not be drawn upon to the total extent to which the Company is committed.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value	Note 5 — Fair Value The Company measures and discloses certain assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (that is, not a forced liquidation or distressed sale). GAAP establishes a consistent framework for measuring fair value and disclosure requirements about fair value measurements. Among other things, the standard requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s estimates for market assumptions. These two types of inputs create the following fair value hierarchy: • Level 1 • Level 2 • Level 3 Note 5 — Fair Value - Continued The estimated fair value amounts of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize at a future date. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. In addition, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates that must be made given the absence of active secondary markets for many of the financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values. Transfers between levels of the fair value hierarchy are deemed to occur at the end of the reporting period. The following methods were used to estimate the fair value of each class of financial instruments: Securities : The estimated fair values of investment securities are priced using current active market quotes, if available, which are considered Level 1 measurements. For most of the portfolio, matrix pricing based on the securities’ relationship to other benchmark quoted prices is used to establish the fair value. These measurements are considered Level 2. Level 3 measurements were determined using discounted cash flow analyses based on the net present value of each security’s projected cash flows using observable market data for similar securities. Non-marketable securities : The fair value is based upon the redemption value of the stock, which equates to its carrying value. Loans held for sale : The carrying amount of these items is a reasonable estimate of their fair value. Loans held for investment : The fair value is estimated by discounting the future cash flows and estimated prepayments using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining term. Some loan types fair value approximated carrying value because of their floating rate or expected maturity characteristics. Deposits : The carrying amount of deposits with no stated maturity, such as savings and checking accounts, is a reasonable estimate of their fair value. The market value of certificates of deposit is based upon the discounted value of contractual cash flows. The discount rate is determined using the rates currently offered on comparable instruments. The following table presents estimated fair values of the Company’s financial instruments as of March 31, 2019 and December 31, 2018: March 31, 2019 December 31, 2018 Carrying Estimated Carrying Estimated (Dollars in thousands) Level Value Fair Value Value Fair Value Financial Assets: Cash and cash equivalents 1 $ 144,022 $ 144,022 $ 48,547 $ 48,547 Investment securities available-for-sale 2 332,579 332,579 280,964 280,964 Investment securities available-for-sale 3 14,544 14,544 - - Investment securities held-to-maturity 2 - - 50,905 50,364 Investment securities held-to-maturity 3 - - 14,557 14,402 Non-marketable securities 2 2,623 2,623 2,551 2,551 Loans held for sale 2 7,184 7,184 10,267 10,267 Loans held for investment 3 1,650,966 1,634,952 1,653,657 1,637,617 Financial Liabilities: Total deposits 2 $ 1,951,325 $ 1,712,862 $ 1,877,055 $ 1,675,992 Note 5 — Fair Value - Continued Assets measured on a recurring and non-recurring basis are as follows: (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2019 Fair valued on a recurring basis: Investment securities available for sale $ - $ 332,579 $ 14,544 $ 347,123 Fair valued on a non-recurring basis: Impaired loans - - 391 391 As of December 31, 2018 Fair valued on a recurring basis: Investment securities available for sale $ - $ 280,964 $ - $ 280,964 Fair valued on a non-recurring basis: Impaired loans - - 7,304 7,304

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 6 — Income Taxes Income tax expense was $3.3 million and $2.6 million for the three months ended March 31, 2019 and 2018, respectively. The Company’s effective tax rate for the first quarter of 2019 was 23.8% compared with 22.1% in the first quarter of 2018. The tax rate in the first quarter of 2019 is higher than the same quarter in 2018 due primarily to higher tax benefits related to tax-deductible stock compensation expense in 2018.

Regulatory Capital Matters

Regulatory Capital Matters	3 Months Ended
	Mar. 31, 2019
Banking And Thrift [Abstract]
Regulatory Capital Matters	Note 7 — Regulatory Capital Matters The consolidated Tier 1 Leverage ratio increased to 12.70% as of March 31, 2019 from 12.27% at December 31, 2018. Federal Reserve Board Regulations require maintenance of certain minimum reserve balances based on certain average deposits, which, as of March 31, 2019 and December 31, 2018, were $3.4 million and $2.2 million, respectively. The Company’s Board of Directors may declare a cash or stock dividend out of retained earnings provided the regulatory minimum capital ratios are met. The Company plans to maintain capital ratios that meet the well-capitalized standards per the regulations and, therefore, plans to limit dividends to amounts that are appropriate to maintain those well-capitalized regulatory capital ratios.

Incentive Share-Based Plan and

Incentive Share-Based Plan and Other Employee Benefits	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Incentive Share-Based Plan and Other Employee Benefits	Note 8 — Incentive Share-Based Plan and Other Employee Benefits In June 2014, the Board of Directors (“Board”) and shareholders of the Company approved a share-based incentive plan (“the Plan”). The Plan provides for various share-based incentive awards including incentive share-based options, non-qualified share-based options, restricted shares, and stock appreciation rights to be granted to officers, directors and other key employees. The maximum aggregate number of shares that may be issued under the Plan is 800,000 common shares. The share-based awards are granted to participants under the Plan at a price not less than the fair value on the date of grant and for terms of up to ten years. The Plan also allows for granting of share-based awards to directors and consultants who are not employees of the Company. During the three months ended March 31, 2019, the Company granted 30,205 restricted stock units (“RSU”) at a weighted-average fair value of $30.15 per unit. The RSU’s generally vest over periods from one to three years. The Company recorded share-based compensation expense of $191,000 and $216,000 for the three months ended March 31, 2019 and 2018, respectively. Additionally, the Company did not grant any options for the purchase of common shares during the three months ended March 31, 2019.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Nature of Operations and Basis of Consolidation	Nature of operations and basis of consolidation — People’s Utah Bancorp, Inc. (“PUB” or the “Company”) is a Utah corporation headquartered in American Fork, Utah. The Company operates all business activities through its wholly-owned banking subsidiary, People’s Intermountain Bank (“PIB” or the “Bank”), which was organized in 1913. The Bank is a Utah state chartered bank. The Bank operates under the jurisdiction of the Utah Department of Financial Institutions, and its deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank is not a member of the Federal Reserve System; however, PUB is operated as a bank holding company under the Federal Bank Holding Company Act of 1956 and is the sole shareholder of the Bank. Both PUB and the Bank are subject to periodic examination by applicable federal and state regulatory agencies and file periodic reports and other information with the agencies. The Company considers the Bank to be its sole operating segment. PIB is a community bank that provides highly personalized retail and commercial banking products and services to small and medium sized businesses and to individuals. Products and services are offered primarily through 26 retail branches located throughout Utah and southern Idaho. PIB has three banking divisions, Bank of American Fork, Lewiston State Bank, and People’s Town & Country Bank; and a mortgage division, People’s Intermountain Bank Mortgage. The Bank offers a full range of short-term to long-term commercial, personal and mortgage loans. Commercial loans include both secured and unsecured loans for working capital (including inventory and accounts receivable), business expansion (including acquisition of real estate and improvements), and purchase of equipment and machinery. Consumer loans include secured and unsecured loans to finance automobiles, home improvements, education, and personal investments. The Bank also offers mortgage loans secured by personal residences. The Bank offers a full range of deposit services typically available in most financial institutions, including checking accounts, savings accounts, and time deposits. The Bank solicits these accounts from individuals, businesses, associations and organizations, and governmental entities. The accompanying unaudited interim consolidated financial statements include the accounts of the Company together with its subsidiary Bank. All intercompany transactions and balances have been eliminated. These unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (SEC). In preparing these financial statements, the Company has evaluated events and transactions subsequent to March 31, 2019, for potential recognition or disclosure. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. Certain information and disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC and the accounting standards for interim financial statements. Certain reclassifications have been made to the 2018 Consolidated Financial Statements and/or schedules to conform to the 2019 presentation. These reclassifications may have affected certain ratios for the prior periods. The effect of these reclassifications is considered immaterial. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements. Various elements of the Company’s accounting policies, by their nature, are inherently subject to estimation techniques, valuation assumptions and other subjective assessments. In particular, management has identified several accounting policies that, due to the judgments, estimates and assumptions inherent in those policies, are significant to an understanding of the Company’s financial statements. These policies relate to (i) the methodology for the recognition of interest income, (ii) determination of the provision and allowance for loan losses, (iii) the valuation of financial assets and liabilities recorded at fair value, including other-than-temporary impairment (OTTI) losses, (iv) the valuation of intangibles, such as goodwill, core deposit intangibles (CDI) and mortgage servicing rights, (v) the valuation of real estate held for sale, (vi) the valuation of assets and liabilities acquired in business combinations and subsequent recognition of related income and expense, and (vii) the valuation or recognition of deferred tax assets and liabilities. These policies and judgments, estimates and assumptions are described in greater detail in subsequent notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations (Critical Accounting Policies) in our Annual Report on Form 10-K for the year ended December 31, 2018 filed with the SEC (2018 Form 10-K). There have been no significant changes in our application of these accounting policies during the first three months of 2019, except as described later in Note 1. The information included in this Form 10-Q should be read in conjunction with our 2018 Form 10-K. Interim results are not necessarily indicative of results for a full year or any other interim period.
Earnings Per Share	Earnings per share — Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares include shares that may be issued by the Company for outstanding stock options determined using the treasury stock method and for all outstanding restricted stock units (“RSU”).
Reclassifications	Reclassifications — Certain amounts in the prior period’s financial statements have been reclassified to conform to the current period’s presentation.
Impact of Recent Authoritative Accounting Guidance	Impact of Recent Authoritative Accounting Guidance —The Accounting Standards Codification™ (“ASC”) is the Financial Accounting Standards Board’s (“FASB”) officially recognized source of authoritative GAAP applicable to all public and non-public non-governmental entities. Periodically, the FASB will issue Accounting Standard Updates (“ASU”) to its ASC. Rules and interpretive releases of the SEC under the authority of the federal securities laws are also sources of authoritative GAAP for us as an SEC registrant. All other accounting literature is non-authoritative. In August 2018, FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The amendments in this ASU broaden the scope of ASC Subtopic 350-40 to include costs incurred to implement a 104 hosting arrangement that is a service contract. The amendments align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with the accounting for costs for internal-use software. The amendments in this ASU result in consistent capitalization of implementation costs of a hosting arrangement that is a service contract and implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in this ASU. This ASU is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. The amendments in this ASU should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. Adoption of ASU 2018-15 is not expected to have a material impact on the Company’s Consolidated Financial Statements. In August 2018, FASB issued ASU 2018-13, Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this ASU modify the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. The ASU removes, modifies and adds disclosure requirements in Topic 820. The following disclosure requirements were removed: 1) the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; 2) the policy for timing of transfers between levels; and 3) the valuation processes for Level 3 fair value measurements. This ASU modified disclosure requirements by requiring that the measurement uncertainty disclosure communicates information about the uncertainty in measurement as of the reporting date. The following disclosure requirements were added: 1) changes in unrealized gains and losses for the period included in other comprehensive income for the recurring Level 3 fair value measurements held at the end of the reporting period; and 2) the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The amendments in this ASU are effective for all entities for fiscal years; and interim periods within those fiscal years, beginning after December 15, 2019. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this ASU and delay adoption of the additional disclosures until their effective date. Adoption of ASU 2018-13 is not expected to have a material impact on the Company’s Consolidated Financial Statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The ASU significantly changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model. This ASU is effective for interim and annual reporting periods beginning after December 15, 2019. Early adoption is permitted for all entities beginning after December 15, 2018, including interim periods within those fiscal years. The Company is in the process of identifying required changes to the loan loss estimation models and processes and evaluating the impact of this new guidance. Once adopted, we expect our allowance for loan losses to increase; however, until our evaluation is complete, the magnitude of the increase is not known. In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842). The amendments in this ASU require lessees to recognize the following for all leases (with the exception of short-term) at the commencement date; a lease liability, which is a lessee‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The amendments in this ASU leave lessor accounting largely unchanged, although certain targeted improvements were made to align lessor accounting with the lessee accounting model. This ASU simplifies the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Note 1 — Basis of Presentation and Significant Accounting Policies – Continued Lessees will no longer be provided with a source of off-balance sheet financing. ASU No. 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018, and entities are required to use a modified retrospective approach for leases. The Company adopted the new guidance effective January 1, 2019. The Company elected the transition option provided in ASU No. 2018-11 and applied the modified retrospective approach. The Company also elected certain relief options for practical expedients: the option to not separate lease and non-lease components and instead to account for them as a single lease component, and the option to not recognize right-of-use assets and lease liabilities that arise from short-term leases (i.e. leases terms of twelve months or less). The Company has eight real property leases under non-cancelable operating leases, three of which will be subject to this ASU that will result in the recognition of right-of-use assets and lease liabilities. All of the Company’s equipment is owned or on short-term leases. The Company compiled a complete inventory of arrangements containing leases and analyzed the lease data necessary to meet the new requirements. In connection with the adoption of this ASU, as of January 1, 2019, the Company recorded a $2.2 million right of use asset and a $2.2 million lease liability on its Consolidated Statements of Financial Condition.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]
Summary of Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale	Amortized cost and estimated fair value of investment securities available for sale are summarized as follows: Gross Unrealized Losses Less 12 Gross Than Months Amortized Unrealized 12 or Fair (Dollars in thousands) Cost Gains Months Longer Value As of March 31, 2019 U.S. Government-sponsored securities $ 48,955 $ 9 $ - $ (249 ) $ 48,715 Municipal securities 73,074 283 (1 ) (242 ) 73,114 Mortgage-backed securities 222,720 796 (55 ) (2,841 ) 220,620 Corporate securities 5,000 - - (326 ) 4,674 $ 349,749 $ 1,088 $ (56 ) $ (3,658 ) $ 347,123 As of December 31, 2018 U.S. Government-sponsored securities $ 48,954 $ - $ - $ (588 ) $ 48,366 Municipal securities 10,274 59 (12 ) (53 ) 10,268 Mortgage-backed securities 222,218 218 (156 ) (4,523 ) 217,757 Corporate securities 5,000 - (23 ) (404 ) 4,573 $ 286,446 $ 277 $ (191 ) $ (5,568 ) $ 280,964
Summary of Amortized Cost and Estimated Fair Value of Investment Securities Held-to-Maturity	Amortized cost and estimated fair value of investment securities held to maturity are as follows: Gross Unrealized Losses Less 12 Gross Than Months Amortized Unrealized 12 or Fair (Dollars in thousands) Cost Gains Months Longer Value As of December 31, 2018 Municipal securities $ 65,462 $ 28 $ (39 ) $ (685 ) $ 64,766
Summary of Gross Unrealized Losses and Fair Value for Securities Available-for-Sale and Held-to-Maturity	At March 31, 2019 and December 31, 2018, the gross unrealized losses and the fair value for securities available for sale and held to maturity were as follows: March 31, 2019 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Value Losses Value Losses Available-for-Sale U.S. Government-sponsored securities $ - $ - $ 38,814 $ (249 ) $ 38,814 $ (249 ) Municipal securities 289 (1 ) 37,515 (242 ) 37,804 (243 ) Mortgage-backed securities 15,179 (55 ) 142,699 (2,841 ) 157,878 (2,896 ) Corporate securities - - 4,674 (326 ) 4,674 (326 ) $ 15,468 $ (56 ) $ 223,702 $ (3,658 ) $ 239,170 $ (3,714 ) December 31, 2018 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Value Losses Value Losses Available-for-Sale U.S. Government-sponsored securities $ - $ - $ 48,366 $ (588 ) $ 48,366 $ (588 ) Municipal securities 1,701 (12 ) 4,095 (53 ) 5,796 (65 ) Mortgage-backed securities 35,155 (156 ) 150,569 (4,523 ) 185,724 (4,679 ) Corporate securities 1,977 (23 ) 2,596 (404 ) 4,573 (427 ) $ 38,833 $ (191 ) $ 205,626 $ (5,568 ) $ 244,459 $ (5,759 ) Held-to Maturity Municipal securities $ 9,163 $ (39 ) $ 46,996 $ (685 ) $ 56,159 $ (724 )
Amortized Cost and Estimated Fair Value of Investment Securities that are Available-for-Sale and Held-to-Maturity by Contractual Maturity	The amortized cost and estimated fair value of investment securities that are available for sale and held to maturity at March 31, 2019, by contractual maturity, are as follows: Available-For-Sale Amortized Fair (Dollars in thousands) Cost Value Securities maturing in: One year or less $ 44,381 $ 44,188 After one year through five years 76,850 76,384 After five years through ten years 57,797 56,866 After ten years 170,721 169,685 $ 349,749 $ 347,123

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Summary of Loans	Loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Loans held for investment: Commercial real estate loans: Real estate term $ 899,509 $ 891,131 Construction and land development 322,132 324,506 Total commercial real estate loans 1,221,641 1,215,637 Commercial and industrial loans 293,895 295,569 Consumer loans: Residential and home equity 150,608 155,601 Consumer and other 15,087 16,621 Total consumer loans 165,695 172,222 Total gross loans 1,681,231 1,683,428 Net deferred loan fees (4,342 ) (4,526 ) Total loans held for investment 1,676,889 1,678,902 Allowance for loan losses (25,923 ) (25,245 ) Total loans held for investment, net $ 1,650,966 $ 1,653,657
Summary of Changes in Allowance for Loan Losses	Changes in the allowance for loan losses (“ALLL”) are as follows: Three Months Ended March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Balance at beginning of period $ 9,968 $ 7,022 $ 7,227 $ 729 $ 299 $ 25,245 Additions: Provisions for loan losses 204 133 1,281 72 (140 ) 1,550 Deductions: Gross loan charge-offs - (5 ) (1,086 ) (19 ) (64 ) (1,174 ) Recoveries - 32 180 22 68 302 Net loan (charge-offs) / recoveries - 27 (906 ) 3 4 (872 ) Balance at end of period $ 10,172 $ 7,182 $ 7,602 $ 804 $ 163 $ 25,923 Three Months Ended March 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Balance at beginning of period $ 6,706 $ 6,309 $ 4,314 $ 815 $ 159 $ 18,303 Additions: Provisions for loan losses 531 474 1,325 (200 ) (80 ) 2,050 Deductions: Gross loan charge-offs - - (193 ) - (65 ) (258 ) Recoveries 12 25 516 27 56 636 Net loan (charge-offs) / recoveries 12 25 323 27 (9 ) 378 Balance at end of period $ 7,249 $ 6,808 $ 5,962 $ 642 $ 70 $ 20,731
Summary of Nonaccrual Loans	Non-accrual loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Non-accrual loans, not troubled debt restructured: Real estate term $ 355 $ 309 Construction and land development 429 - Commercial and industrial 216 347 Residential and home equity 51 - Consumer and other 17 - Total non-accrual loans, not troubled debt restructured 1,068 656 Troubled debt restructured loans, non-accrual: Real estate term 1,420 1,449 Construction and land development - - Commercial and industrial 130 150 Residential and home equity - - Consumer and other - - Total troubled debt restructured loans, non-accrual 1,550 1,599 Total non-accrual loans $ 2,618 $ 2,255
Summary of Troubled Debt Restructured Loans	Troubled debt restructured (“TDR”) loans are summarized as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Accruing troubled debt restructured loans $ 12,374 $ 5,912 Non-accrual troubled debt restructured loans 1,550 1,599 Total troubled debt restructured loans $ 13,924 $ 7,511
Summary of Changes in Troubled Debt Restructured Loans	The following tables present TDRs that occurred during the periods presented and the TDRs for which the payment default occurred within twelve months of the restructure date. A default on a restructured loan results in a transfer to nonaccrual status, a charge-off or a combination of both. Note 3 — Loans and Allowance for Loan Losses – Continued March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total TDRs that occurred during the period (1) (2) Number of loans 4 - 7 1 - 12 Pre-modification balance $ 4,256 $ - $ 2,391 $ 18 $ - $ 6,665 Post-modification balance $ 4,256 $ - $ 2,391 $ 18 $ - $ 6,665 TDRs that subsequently defaulted Number of loans - - - - - - Recorded balance $ - $ - $ - $ - $ - $ - March 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and Home and (Dollars in thousands) Term Development Industrial Equity Other Total TDRs that occurred during the period (1) (2) Number of loans 2 - 3 - - 5 Pre-modification balance $ 1,592 $ - $ 211 $ - $ - $ 1,803 Post-modification balance $ 1,592 $ - $ 211 $ - $ - $ 1,803 TDRs that subsequently defaulted Number of loans 2 - 3 - - 5 Recorded balance $ 1,449 $ - $ 150 $ - $ - $ 1,599 (1) Since most loans were already considered classified and/or on non-accrual status prior to restructuring, the modifications did not have a material effect on the Company’s determination of the allowance for loan losses. (2) Generally, these modifications do not fit into one separate type, such as rate, term, amount, interest-only or payment, but instead are a combination of multiple types of modifications; therefore, they are disclosed in aggregate.
Summary of Current and Past Due Loans Held For Investment (Accruing And Non-Accruing)	Current and past due loans held for investment (accruing and non-accruing) are summarized as follows: March 31, 2019 Purchased 30-89 Days 90+ Days Non- Total Credit Total (Dollars in thousands) Current Past Due Past Due accrual Past Due Impaired Loans Commercial real estate: Real estate term $ 895,363 $ 1,453 $ - $ 1,775 $ 3,228 $ 918 $ 899,509 Construction and land development 320,160 1,314 - 429 1,743 229 322,132 Total commercial real estate 1,215,523 2,767 - 2,204 4,971 1,147 1,221,641 Commercial and industrial 287,012 3,039 - 346 3,385 3,498 293,895 Consumer: Residential and home equity 149,845 712 - 51 763 - 150,608 Consumer and other 14,825 229 16 17 262 - 15,087 Total consumer 164,670 941 16 68 1,025 - 165,695 Total gross loans $ 1,667,205 $ 6,747 $ 16 $ 2,618 $ 9,381 $ 4,645 $ 1,681,231 Note 3 — Loans and Allowance for Loan Losses – Continued December 31, 2018 Purchased 30-89 Days 90+ Days Non- Total Credit Total (Dollars in thousands) Current Past Due Past Due accrual Past Due Impaired Loans Commercial real estate: Real estate term $ 886,974 $ 1,467 $ - $ 1,758 $ 3,225 $ 932 $ 891,131 Construction and land development 321,389 2,833 - - 2,833 284 324,506 Total commercial real estate 1,208,363 4,300 - 1,758 6,058 1,216 1,215,637 Commercial and industrial 288,328 3,225 - 497 3,722 3,519 295,569 Consumer: Residential and home equity 154,368 1,233 - - 1,233 - 155,601 Consumer and other 16,180 424 17 - 441 - 16,621 Total consumer 170,548 1,657 17 - 1,674 - 172,222 Total gross loans $ 1,667,239 $ 9,182 $ 17 $ 2,255 $ 11,454 $ 4,735 $ 1,683,428
Summary of Outstanding Loan Balances (Accruing and Non - Accruing) Categorized by Credit Quality Indicators	Outstanding loan balances (accruing and non-accruing) categorized by these credit quality indicators are summarized as follows: March 31, 2019 Special Total Total (Dollars in thousands) Pass Mention Substandard Doubtful Loans Allowance Commercial real estate: Real estate term $ 874,115 $ 10,715 $ 14,679 $ - $ 899,509 $ 10,172 Construction and land development 313,427 6,288 2,417 - 322,132 7,182 Total commercial real estate 1,187,542 17,003 17,096 - 1,221,641 17,354 Commercial and industrial 260,642 20,014 13,239 - 293,895 7,602 Consumer loans: Residential and home equity 146,209 - 4,399 - 150,608 804 Consumer and other 15,081 - 6 - 15,087 163 Total consumer 161,290 - 4,405 - 165,695 967 Total $ 1,609,474 $ 37,017 $ 34,740 $ - $ 1,681,231 $ 25,923 Note 3 — Loans and Allowance for Loan Losses – Continued December 31, 2018 Special Total Total (Dollars in thousands) Pass Mention Substandard Doubtful Loans Allowance Commercial real estate: Real estate term $ 865,472 $ 14,339 $ 11,320 $ - $ 891,131 $ 9,968 Construction and land development 322,625 1,332 549 - 324,506 7,022 Total commercial real estate 1,188,097 15,671 11,869 - 1,215,637 16,990 Commercial and industrial 271,825 10,138 13,606 - 295,569 7,227 Consumer loans: Residential and home equity 150,590 620 4,391 - 155,601 729 Consumer and other 16,574 29 18 - 16,621 299 Total consumer 167,164 649 4,409 - 172,222 1,028 Total $ 1,627,086 $ 26,458 $ 29,884 $ - $ 1,683,428 $ 25,245
Summary of Information On Impaired Loans, Excluding PCI Loans	The ALLL and outstanding loan balances reviewed according to the Company’s impairment method are summarized as follows: March 31, 2019 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Allowance for loan losses: Individually evaluated for impairment $ 229 $ 133 $ 1,929 $ 130 $ - $ 2,421 Collectively evaluated for impairment 9,943 7,049 5,673 674 163 23,502 Purchased credit-impaired loans - - - - - - Total $ 10,172 $ 7,182 $ 7,602 $ 804 $ 163 $ 25,923 Outstanding loan balances: Individually evaluated for impairment $ 13,763 $ 1,882 $ 9,497 $ 4,483 $ - $ 29,625 Collectively evaluated for impairment 884,828 320,021 280,900 146,125 15,087 1,646,961 Purchased credit-impaired loans 918 229 3,498 - - 4,645 Total gross loans $ 899,509 $ 322,132 $ 293,895 $ 150,608 $ 15,087 $ 1,681,231 December 31, 2018 Real Construction Commercial Residential Consumer Estate and Land and and and (Dollars in thousands) Term Development Industrial Home Equity Other Total Allowance for loan losses: Individually evaluated for impairment $ 324 $ - $ 1,781 $ 55 $ - $ 2,160 Collectively evaluated for impairment 9,644 7,022 5,446 674 299 23,085 Purchased credit-impaired loans - - - - - - Total $ 9,968 $ 7,022 $ 7,227 $ 729 $ 299 $ 25,245 Outstanding loan balances: Individually evaluated for impairment $ 9,689 $ 268 $ 9,581 $ 4,095 $ - $ 23,633 Collectively evaluated for impairment 880,510 323,954 282,469 151,506 16,621 1,655,060 Purchased credit-impaired loans 932 284 3,519 - - 4,735 Total gross loans $ 891,131 $ 324,506 $ 295,569 $ 155,601 $ 16,621 $ 1,683,428 Note 3 — Loans and Allowance for Loan Losses – Continued Information on impaired loans, excluding PCI loans, is summarized as follows: March 31, 2019 Recorded Investment Unpaid Total Principal With No With Recorded Related (Dollars in thousands) Balance Allowance Allowance Investment Allowance Commercial real estate: Real estate term $ 13,763 $ 11,317 $ 2,446 $ 13,763 $ 229 Construction and land development 2,585 - 1,882 1,882 133 Total commercial real estate 16,348 11,317 4,328 15,645 362 Commercial and industrial 10,012 3,236 6,261 9,497 1,929 Consumer loans: Residential and home equity 4,483 2,499 1,984 4,483 130 Consumer and other - - - - - Total consumer 4,483 2,499 1,984 4,483 130 Total $ 30,843 $ 17,052 $ 12,573 $ 29,625 $ 2,421 December 31, 2018 Recorded Investment Unpaid Total Principal With No With Recorded Related (Dollars in thousands) Balance Allowance Allowance Investment Allowance Commercial real estate: Real estate term $ 9,689 $ 3,823 $ 5,866 $ 9,689 $ 324 Construction and land development 997 268 - 268 - Total commercial real estate 10,686 4,091 5,866 9,957 324 Commercial and industrial 10,113 5,494 4,087 9,581 1,781 Consumer loans: Residential and home equity 4,095 3,046 1,049 4,095 55 Consumer and other - - - - - Total consumer 4,095 3,046 1,049 4,095 55 Total $ 24,894 $ 12,631 $ 11,002 $ 23,633 $ 2,160 The interest income recognized on impaired loans, excluding PCI loans, was as follows: Three Months Ended March 31, 2019 March 31, 2018 Average Interest Average Interest Recorded Income Recorded Income (Dollars in thousands) Investment Recognition Investment Recognition Commercial real estate: Real estate term $ 10,117 $ 123 $ 9,332 $ 108 Construction and land development 1,087 17 2,676 39 Total commercial real estate 11,204 140 12,008 147 Commercial and industrial 9,414 155 10,901 132 Consumer loans: Residential and home equity 3,172 47 1,700 21 Consumer and other - - - - Total consumer 3,172 47 1,700 21 Total $ 23,790 $ 342 $ 24,609 $ 300 Note 3 — Loans and Allowance for Loan Losses – Continued
Changes in Accretable Yield for PCI Loans	The following table presents the changes in the accretable yield for PCI loans for the three months ended March 31, 2019, and 2018: Three Months Ended March 31, (Dollars in thousands) 2019 2018 Balance, beginning of period $ 5,884 $ 8,536 Accretion to interest income (528 ) (1,166 ) Reclassification from non-accretable difference 95 - Balance, end of period $ 5,451 $ 7,370

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2019
Commitments And Contingencies Disclosure [Abstract]
Summary of Contractual Amounts of Off-balance Sheet Financial Instruments	Contractual amounts of off-balance sheet financial instruments were as follows: March 31, December 31, (Dollars in thousands) 2019 2018 Commitments to extend credit, including unsecured commitments of $16,986 and $16,304 as of March 31, 2019 and December 31, 2018, respectively $ 567,636 $ 577,612 Stand-by letters of credit and bond commitments, including unsecured commitments of $695 and $730 as of March 31, 2019 and December 31, 2018, respectively 22,780 22,979 Unused credit card lines, all unsecured 25,020 24,885

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Summary of Estimated Fair Values of Financial Instruments	The following table presents estimated fair values of the Company’s financial instruments as of March 31, 2019 and December 31, 2018: March 31, 2019 December 31, 2018 Carrying Estimated Carrying Estimated (Dollars in thousands) Level Value Fair Value Value Fair Value Financial Assets: Cash and cash equivalents 1 $ 144,022 $ 144,022 $ 48,547 $ 48,547 Investment securities available-for-sale 2 332,579 332,579 280,964 280,964 Investment securities available-for-sale 3 14,544 14,544 - - Investment securities held-to-maturity 2 - - 50,905 50,364 Investment securities held-to-maturity 3 - - 14,557 14,402 Non-marketable securities 2 2,623 2,623 2,551 2,551 Loans held for sale 2 7,184 7,184 10,267 10,267 Loans held for investment 3 1,650,966 1,634,952 1,653,657 1,637,617 Financial Liabilities: Total deposits 2 $ 1,951,325 $ 1,712,862 $ 1,877,055 $ 1,675,992
Summary of Asset Measured on Recurring and Non-recurring Basic at Fair Value	Assets measured on a recurring and non-recurring basis are as follows: (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2019 Fair valued on a recurring basis: Investment securities available for sale $ - $ 332,579 $ 14,544 $ 347,123 Fair valued on a non-recurring basis: Impaired loans - - 391 391 As of December 31, 2018 Fair valued on a recurring basis: Investment securities available for sale $ - $ 280,964 $ - $ 280,964 Fair valued on a non-recurring basis: Impaired loans - - 7,304 7,304

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies - Additional Information (Details) $ in Millions	Mar. 31, 2019BranchDivision	Jan. 01, 2019USD ($)Property
ASU 2016-02
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of real property leases under non-cancelable operating leases | Property		8
Operating lease, right of use asset		$ 2.2
Operating lease liability		$ 2.2
People's Intermountain Bank
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of retail branches | Branch	26
Number of banking divisions | Division	3

Investment Securities - Summary

Investment Securities - Summary of Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Available-For-Sale, Amortized Cost	$ 349,749	$ 286,446
Available-For-Sale, Gross Unrealized Gains	1,088	277
Available-For-Sale, Gross Unrealized Losses, Less Than 12 Months	(56)	(191)
Available-For-Sale, Gross Unrealized Losses, 12 Months or Longer	(3,658)	(5,568)
Available-For-Sale, Fair Value	347,123	280,964
U.S. Government Sponsored Securities
Schedule Of Available For Sale Securities [Line Items]
Available-For-Sale, Amortized Cost	48,955	48,954
Available-For-Sale, Gross Unrealized Gains	9
Available-For-Sale, Gross Unrealized Losses, 12 Months or Longer	(249)	(588)
Available-For-Sale, Fair Value	48,715	48,366
Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Available-For-Sale, Amortized Cost	222,720	222,218
Available-For-Sale, Gross Unrealized Gains	796	218
Available-For-Sale, Gross Unrealized Losses, Less Than 12 Months	(55)	(156)
Available-For-Sale, Gross Unrealized Losses, 12 Months or Longer	(2,841)	(4,523)
Available-For-Sale, Fair Value	220,620	217,757
Municipal Securities
Schedule Of Available For Sale Securities [Line Items]
Available-For-Sale, Amortized Cost	73,074	10,274
Available-For-Sale, Gross Unrealized Gains	283	59
Available-For-Sale, Gross Unrealized Losses, Less Than 12 Months	(1)	(12)
Available-For-Sale, Gross Unrealized Losses, 12 Months or Longer	(242)	(53)
Available-For-Sale, Fair Value	73,114	10,268
Corporate Securities
Schedule Of Available For Sale Securities [Line Items]
Available-For-Sale, Amortized Cost	5,000	5,000
Available-For-Sale, Gross Unrealized Losses, Less Than 12 Months		(23)
Available-For-Sale, Gross Unrealized Losses, 12 Months or Longer	(326)	(404)
Available-For-Sale, Fair Value	$ 4,674	$ 4,573

Investment Securities - Summa_2

Investment Securities - Summary of Amortized Cost and Estimated Fair Value of Investment Securities Held-to-Maturity (Details) $ in Thousands	Dec. 31, 2018USD ($)
Schedule Of Held To Maturity Securities [Line Items]
Held-To-Maturity, Amortized Cost	$ 65,462
Municipal Securities
Schedule Of Held To Maturity Securities [Line Items]
Held-To-Maturity, Amortized Cost	65,462
Held-To-Maturity, Gross Unrealized Gains	28
Held-To-Maturity, Gross Unrealized Losses, Less Than 12 Months	(39)
Held-To-Maturity, Gross Unrealized Losses, 12 Months or Longer	(685)
Held-To-Maturity, Fair Value	$ 64,766

Investment Securities - Additio

Investment Securities - Additional Information (Details)	Jan. 01, 2019USD ($)	Mar. 31, 2019USD ($)Securities	Mar. 31, 2018USD ($)Securities	Dec. 31, 2018Securities
Investments Debt And Equity Securities [Abstract]
Held to maturity to available for sale transfer amount | $	$ 64,600,000
Held to maturity to available for sale transfer, unrecognized loss | $		$ 19,000
Number of available for sale investment securities with fair value less than amortized cost | Securities		259		201
Number of maturity securities with fair values less than amortized cost | Securities		0		122
Sales of available-for-sale securities | $		$ 0	$ 0
Available-for-sale securities in a nonaccrual status | Securities		0		0
Sales of held-to-maturity securities | $		$ 0	$ 0
Held-to-maturity securities in a nonaccrual status | Securities		0	0

Investment Securities - Summa_3

Investment Securities - Summary of Gross Unrealized Losses and Fair Value for Securities Available-for-Sale and Held-to-Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-for-Sale and Held-to-Maturity Securities Continuous Unrealized Loss Position [Line Items]
Available-for-Sale, Less Than 12 Months, Fair Value	$ 15,468	$ 38,833
Available-for-Sale, 12 Months or More, Fair Value	223,702	205,626
Available-for-Sale, Fair Value, Total	239,170	244,459
Available-for-Sale, Less Than 12 Months, Unrealized Losses	(56)	(191)
Available-for-Sale, 12 Months or More, Unrealized Losses	(3,658)	(5,568)
Available-for-Sale, Unrealized Losses, Total	(3,714)	(5,759)
Municipal Securities
Available-for-Sale and Held-to-Maturity Securities Continuous Unrealized Loss Position [Line Items]
Available-for-Sale, Less Than 12 Months, Fair Value	289	1,701
Available-for-Sale, 12 Months or More, Fair Value	37,515	4,095
Available-for-Sale, Fair Value, Total	37,804	5,796
Available-for-Sale, Less Than 12 Months, Unrealized Losses	(1)	(12)
Available-for-Sale, 12 Months or More, Unrealized Losses	(242)	(53)
Available-for-Sale, Unrealized Losses, Total	(243)	(65)
Held-to Maturity, Less Than 12 Months, Fair Value		9,163
Held-to Maturity, 12 Months or More, Fair Value		46,996
Held-to Maturity, Fair Value, Total		56,159
Held-To-Maturity, Gross Unrealized Losses, Less Than 12 Months		(39)
Held-To-Maturity, Gross Unrealized Losses, 12 Months or Longer		(685)
Held-to Maturity, Unrealized Losses, Total		(724)
Corporate Securities
Available-for-Sale and Held-to-Maturity Securities Continuous Unrealized Loss Position [Line Items]
Available-for-Sale, Less Than 12 Months, Fair Value		1,977
Available-for-Sale, 12 Months or More, Fair Value	4,674	2,596
Available-for-Sale, Fair Value, Total	4,674	4,573
Available-for-Sale, Less Than 12 Months, Unrealized Losses		(23)
Available-for-Sale, 12 Months or More, Unrealized Losses	(326)	(404)
Available-for-Sale, Unrealized Losses, Total	(326)	(427)
U.S. Government Sponsored Securities
Available-for-Sale and Held-to-Maturity Securities Continuous Unrealized Loss Position [Line Items]
Available-for-Sale, 12 Months or More, Fair Value	38,814	48,366
Available-for-Sale, Fair Value, Total	38,814	48,366
Available-for-Sale, 12 Months or More, Unrealized Losses	(249)	(588)
Available-for-Sale, Unrealized Losses, Total	(249)	(588)
Mortgage-backed Securities
Available-for-Sale and Held-to-Maturity Securities Continuous Unrealized Loss Position [Line Items]
Available-for-Sale, Less Than 12 Months, Fair Value	15,179	35,155
Available-for-Sale, 12 Months or More, Fair Value	142,699	150,569
Available-for-Sale, Fair Value, Total	157,878	185,724
Available-for-Sale, Less Than 12 Months, Unrealized Losses	(55)	(156)
Available-for-Sale, 12 Months or More, Unrealized Losses	(2,841)	(4,523)
Available-for-Sale, Unrealized Losses, Total	$ (2,896)	$ (4,679)

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Estimated Fair Value of Investment Securities that are Available-for-Sale and Held-to-Maturity by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-For-Sale Securities by Maturity, Amortized Cost
Available-For-Sale, Securities maturing in one year or less, Amortized cost	$ 44,381
Available-For-Sale, Securities maturing in After one year through five years, Amortized cost	76,850
Available-For-Sale, Securities maturing in After five years through ten years, Amortized cost	57,797
Available-For-Sale, Securities maturing in After ten years, Amortized cost	170,721
Available-For-Sale, Amortized Cost	349,749	$ 286,446
Available-For-Sale Securities by Maturity, Fair Value
Available-For-Sale, Securities maturing in one year or less, Fair Value	44,188
Available-For-Sale, Securities maturing in After one year through five years, Fair Value	76,384
Available-For-Sale, Securities maturing in After five years through ten years, Fair Value	56,866
Available-For-Sale, Securities maturing in After ten years, Fair Value	169,685
Available-For-Sale, Fair Value	$ 347,123	$ 280,964

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Summary of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	$ 1,681,231	$ 1,683,428
Net deferred loan fees	(4,342)	(4,526)
Total loans held for investment	1,676,889	1,678,902
Allowance for loan losses	(25,923)	(25,245)	$ (20,731)	$ (18,303)
Total loans held for investment, net	1,650,966	1,653,657
Real Estate Term
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	899,509	891,131
Allowance for loan losses	(10,172)	(9,968)	(7,249)	(6,706)
Construction and Land Development
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	322,132	324,506
Allowance for loan losses	(7,182)	(7,022)	(6,808)	(6,309)
Residential and Home Equity
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	150,608	155,601
Allowance for loan losses	(804)	(729)	(642)	(815)
Consumer and Other
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	15,087	16,621
Allowance for loan losses	(163)	(299)	(70)	(159)
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	1,221,641	1,215,637
Allowance for loan losses	(17,354)	(16,990)
Commercial Real Estate | Real Estate Term
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	899,509	891,131
Allowance for loan losses	(10,172)	(9,968)
Commercial Real Estate | Construction and Land Development
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	322,132	324,506
Allowance for loan losses	(7,182)	(7,022)
Commercial and Industrial
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	293,895	295,569
Allowance for loan losses	(7,602)	(7,227)	$ (5,962)	$ (4,314)
Consumer
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	165,695	172,222
Allowance for loan losses	(967)	(1,028)
Consumer | Residential and Home Equity
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	150,608	155,601
Allowance for loan losses	(804)	(729)
Consumer | Consumer and Other
Accounts Notes And Loans Receivable [Line Items]
Total gross loans	15,087	16,621
Allowance for loan losses	$ (163)	$ (299)

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	$ 25,245	$ 18,303
Provision for loan losses	1,550	2,050
Gross loan charge-offs	(1,174)	(258)
Recoveries	302	636
Net loan (charge-offs) / recoveries	(872)	378
Balance at end of period	25,923	20,731
Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	9,968	6,706
Provision for loan losses	204	531
Recoveries		12
Net loan (charge-offs) / recoveries		12
Balance at end of period	10,172	7,249
Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	7,022	6,309
Provision for loan losses	133	474
Gross loan charge-offs	(5)
Recoveries	32	25
Net loan (charge-offs) / recoveries	27	25
Balance at end of period	7,182	6,808
Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	729	815
Provision for loan losses	72	(200)
Gross loan charge-offs	(19)
Recoveries	22	27
Net loan (charge-offs) / recoveries	3	27
Balance at end of period	804	642
Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	299	159
Provision for loan losses	(140)	(80)
Gross loan charge-offs	(64)	(65)
Recoveries	68	56
Net loan (charge-offs) / recoveries	4	(9)
Balance at end of period	163	70
Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of period	7,227	4,314
Provision for loan losses	1,281	1,325
Gross loan charge-offs	(1,086)	(193)
Recoveries	180	516
Net loan (charge-offs) / recoveries	(906)	323
Balance at end of period	$ 7,602	$ 5,962

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Summary of Non Accrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	$ 1,068	$ 656
Troubled debt restructured loans, non-accrual	1,550	1,599
Total non-accrual loans	2,618	2,255
Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	355	309
Troubled debt restructured loans, non-accrual	1,420	1,449
Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	429
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	216	347
Troubled debt restructured loans, non-accrual	130	$ 150
Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	51
Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Non-accrual loans, not troubled debt restructured	$ 17

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Additional Information (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable Impaired [Line Items]
Purchased credit impaired loans not performing contractual terms	$ 2,070,000	$ 2,240,000
Total non-accrual loans	2,618,000	2,255,000
Troubled debt restructured loans, non-accrual	1,550,000	1,599,000
Non-accretable difference between the contractually required payments and cash flows expected to be collected	2,800,000	2,900,000
Available lines of credit for loans and credit cards to affiliates	712,000	951,000
Deposits from affiliates	7,800,000	8,800,000
Affiliates
Financing Receivable Impaired [Line Items]
Outstanding loans with affiliates	5,800,000	5,600,000
PCI Loans
Financing Receivable Impaired [Line Items]
Total non-accrual loans	4,700,000	4,500,000
Troubled debt restructured loans, non-accrual	0	0
Outstanding contractual unpaid principal balance, excluding acquisition accounting adjustments	7,400,000	7,700,000
Carrying balance of PCI loans	$ 4,600,000	$ 4,700,000

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Summary of Troubled Debt Restructured Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Loans And Leases Receivable Disclosure [Abstract]
Accruing troubled debt restructured loans	$ 12,374	$ 5,912
Non-accrual troubled debt restructured loans	1,550	1,599
Total troubled debt restructured loans	$ 13,924	$ 7,511

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Summary of Changes in Troubled Debt Restructured Loans (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)Loan	Mar. 31, 2018USD ($)Loan
Loans And Leases Receivable Disclosure [Line Items]
Number of loans | Loan	12	5
Pre-modification balance	$ 6,665	$ 1,803
Post-modification balance	$ 6,665	$ 1,803
Number of loans, subsequently defaulted | Loan		5
Recorded balance, subsequently defaulted		$ 1,599
Real Estate Term
Loans And Leases Receivable Disclosure [Line Items]
Number of loans | Loan	4	2
Pre-modification balance	$ 4,256	$ 1,592
Post-modification balance	$ 4,256	$ 1,592
Number of loans, subsequently defaulted | Loan		2
Recorded balance, subsequently defaulted		$ 1,449
Commercial and Industrial
Loans And Leases Receivable Disclosure [Line Items]
Number of loans | Loan	7	3
Pre-modification balance	$ 2,391	$ 211
Post-modification balance	$ 2,391	$ 211
Number of loans, subsequently defaulted | Loan		3
Recorded balance, subsequently defaulted		$ 150
Residential and Home Equity
Loans And Leases Receivable Disclosure [Line Items]
Number of loans | Loan	1
Pre-modification balance	$ 18
Post-modification balance	$ 18

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Summary of Current and Past Due Loans Held For Investment (Accruing And Non-Accruing) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Current	$ 1,667,205	$ 1,667,239
30-89 Days Past Due	6,747	9,182
90+ Days Past Due	16	17
Non-accrual	2,618	2,255
Total Past-Due	9,381	11,454
Purchased Credit Impaired	4,645	4,735
Total loans	1,681,231	1,683,428
Real Estate Term
Financing Receivable Recorded Investment Past Due [Line Items]
Purchased Credit Impaired	918	932
Total loans	899,509	891,131
Construction and Land Development
Financing Receivable Recorded Investment Past Due [Line Items]
Purchased Credit Impaired	229	284
Total loans	322,132	324,506
Residential and Home Equity
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	150,608	155,601
Consumer and Other
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	15,087	16,621
Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Current	1,215,523	1,208,363
30-89 Days Past Due	2,767	4,300
Non-accrual	2,204	1,758
Total Past-Due	4,971	6,058
Purchased Credit Impaired	1,147	1,216
Total loans	1,221,641	1,215,637
Commercial Real Estate | Real Estate Term
Financing Receivable Recorded Investment Past Due [Line Items]
Current	895,363	886,974
30-89 Days Past Due	1,453	1,467
Non-accrual	1,775	1,758
Total Past-Due	3,228	3,225
Purchased Credit Impaired	918	932
Total loans	899,509	891,131
Commercial Real Estate | Construction and Land Development
Financing Receivable Recorded Investment Past Due [Line Items]
Current	320,160	321,389
30-89 Days Past Due	1,314	2,833
Non-accrual	429
Total Past-Due	1,743	2,833
Purchased Credit Impaired	229	284
Total loans	322,132	324,506
Commercial and Industrial
Financing Receivable Recorded Investment Past Due [Line Items]
Current	287,012	288,328
30-89 Days Past Due	3,039	3,225
Non-accrual	346	497
Total Past-Due	3,385	3,722
Purchased Credit Impaired	3,498	3,519
Total loans	293,895	295,569
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Current	164,670	170,548
30-89 Days Past Due	941	1,657
90+ Days Past Due	16	17
Non-accrual	68
Total Past-Due	1,025	1,674
Total loans	165,695	172,222
Consumer | Residential and Home Equity
Financing Receivable Recorded Investment Past Due [Line Items]
Current	149,845	154,368
30-89 Days Past Due	712	1,233
Non-accrual	51
Total Past-Due	763	1,233
Total loans	150,608	155,601
Consumer | Consumer and Other
Financing Receivable Recorded Investment Past Due [Line Items]
Current	14,825	16,180
30-89 Days Past Due	229	424
90+ Days Past Due	16	17
Non-accrual	17
Total Past-Due	262	441
Total loans	$ 15,087	$ 16,621

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Summary of Outstanding Loan Balances (Accruing and Non - Accruing) Categorized by Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	$ 1,681,231	$ 1,683,428
Total Allowance	25,923	25,245	$ 20,731	$ 18,303
Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	899,509	891,131
Total Allowance	10,172	9,968	7,249	6,706
Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	322,132	324,506
Total Allowance	7,182	7,022	6,808	6,309
Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	150,608	155,601
Total Allowance	804	729	642	815
Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	15,087	16,621
Total Allowance	163	299	70	159
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	1,221,641	1,215,637
Total Allowance	17,354	16,990
Commercial Real Estate | Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	899,509	891,131
Total Allowance	10,172	9,968
Commercial Real Estate | Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	322,132	324,506
Total Allowance	7,182	7,022
Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	293,895	295,569
Total Allowance	7,602	7,227	$ 5,962	$ 4,314
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	165,695	172,222
Total Allowance	967	1,028
Consumer | Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	150,608	155,601
Total Allowance	804	729
Consumer | Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	15,087	16,621
Total Allowance	163	299
Pass
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	1,609,474	1,627,086
Pass | Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	1,187,542	1,188,097
Pass | Commercial Real Estate | Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	874,115	865,472
Pass | Commercial Real Estate | Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	313,427	322,625
Pass | Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	260,642	271,825
Pass | Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	161,290	167,164
Pass | Consumer | Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	146,209	150,590
Pass | Consumer | Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	15,081	16,574
Special Mention
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	37,017	26,458
Special Mention | Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	17,003	15,671
Special Mention | Commercial Real Estate | Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	10,715	14,339
Special Mention | Commercial Real Estate | Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	6,288	1,332
Special Mention | Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	20,014	10,138
Special Mention | Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans		649
Special Mention | Consumer | Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans		620
Special Mention | Consumer | Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans		29
Substandard
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	34,740	29,884
Substandard | Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	17,096	11,869
Substandard | Commercial Real Estate | Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	14,679	11,320
Substandard | Commercial Real Estate | Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	2,417	549
Substandard | Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	13,239	13,606
Substandard | Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	4,405	4,409
Substandard | Consumer | Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	4,399	4,391
Substandard | Consumer | Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	$ 6	$ 18

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Summary of ALLL And Outstanding Loan Balances According To The Company's Impairment Method (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Individually evaluated for impairment	$ 2,421	$ 2,160
Allowance for loan losses, Collectively evaluated for impairment	23,502	23,085
Allowance for loan losses, Total	25,923	25,245	$ 20,731	$ 18,303
Outstanding loan balances, Individually evaluated for impairment	29,625	23,633
Outstanding loan balances, Collectively evaluated for impairment	1,646,961	1,655,060
Outstanding loan balances, Purchased credit-impaired loans	4,645	4,735
Total loans	1,681,231	1,683,428
Real Estate Term
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Individually evaluated for impairment	229	324
Allowance for loan losses, Collectively evaluated for impairment	9,943	9,644
Allowance for loan losses, Total	10,172	9,968	7,249	6,706
Outstanding loan balances, Individually evaluated for impairment	13,763	9,689
Outstanding loan balances, Collectively evaluated for impairment	884,828	880,510
Outstanding loan balances, Purchased credit-impaired loans	918	932
Total loans	899,509	891,131
Construction and Land Development
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Individually evaluated for impairment	133
Allowance for loan losses, Collectively evaluated for impairment	7,049	7,022
Allowance for loan losses, Total	7,182	7,022	6,808	6,309
Outstanding loan balances, Individually evaluated for impairment	1,882	268
Outstanding loan balances, Collectively evaluated for impairment	320,021	323,954
Outstanding loan balances, Purchased credit-impaired loans	229	284
Total loans	322,132	324,506
Residential and Home Equity
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Individually evaluated for impairment	130	55
Allowance for loan losses, Collectively evaluated for impairment	674	674
Allowance for loan losses, Total	804	729	642	815
Outstanding loan balances, Individually evaluated for impairment	4,483	4,095
Outstanding loan balances, Collectively evaluated for impairment	146,125	151,506
Total loans	150,608	155,601
Consumer and Other
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Collectively evaluated for impairment	163	299
Allowance for loan losses, Total	163	299	70	159
Outstanding loan balances, Collectively evaluated for impairment	15,087	16,621
Total loans	15,087	16,621
Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, Individually evaluated for impairment	1,929	1,781
Allowance for loan losses, Collectively evaluated for impairment	5,673	5,446
Allowance for loan losses, Total	7,602	7,227	$ 5,962	$ 4,314
Outstanding loan balances, Individually evaluated for impairment	9,497	9,581
Outstanding loan balances, Collectively evaluated for impairment	280,900	282,469
Outstanding loan balances, Purchased credit-impaired loans	3,498	3,519
Total loans	$ 293,895	$ 295,569

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Summary of Information On Impaired Loans, Excluding PCI Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	$ 30,843	$ 24,894
Recorded investment With No Allowance	17,052	12,631
Recorded investment With Allowance	12,573	11,002
Total Recorded Investment	29,625	23,633
Related Allowance	2,421	2,160
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	16,348	10,686
Recorded investment With No Allowance	11,317	4,091
Recorded investment With Allowance	4,328	5,866
Total Recorded Investment	15,645	9,957
Related Allowance	362	324
Commercial Real Estate | Real Estate Term
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	13,763	9,689
Recorded investment With No Allowance	11,317	3,823
Recorded investment With Allowance	2,446	5,866
Total Recorded Investment	13,763	9,689
Related Allowance	229	324
Commercial Real Estate | Construction and Land Development
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	2,585	997
Recorded investment With No Allowance		268
Recorded investment With Allowance	1,882
Total Recorded Investment	1,882	268
Related Allowance	133
Commercial and Industrial
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	10,012	10,113
Recorded investment With No Allowance	3,236	5,494
Recorded investment With Allowance	6,261	4,087
Total Recorded Investment	9,497	9,581
Related Allowance	1,929	1,781
Consumer
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	4,483	4,095
Recorded investment With No Allowance	2,499	3,046
Recorded investment With Allowance	1,984	1,049
Total Recorded Investment	4,483	4,095
Related Allowance	130	55
Consumer | Residential and Home Equity
Financing Receivable Impaired [Line Items]
Unpaid Principal Balance	4,483	4,095
Recorded investment With No Allowance	2,499	3,046
Recorded investment With Allowance	1,984	1,049
Total Recorded Investment	4,483	4,095
Related Allowance	$ 130	$ 55

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses - Summary of Interest Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financing Receivable Impaired [Line Items]
Average Recorded Investment	$ 23,790	$ 24,609
Interest Income Recognition	342	300
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Average Recorded Investment	11,204	12,008
Interest Income Recognition	140	147
Commercial Real Estate | Real Estate Term
Financing Receivable Impaired [Line Items]
Average Recorded Investment	10,117	9,332
Interest Income Recognition	123	108
Commercial Real Estate | Construction and Land Development
Financing Receivable Impaired [Line Items]
Average Recorded Investment	1,087	2,676
Interest Income Recognition	17	39
Commercial and Industrial
Financing Receivable Impaired [Line Items]
Average Recorded Investment	9,414	10,901
Interest Income Recognition	155	132
Consumer
Financing Receivable Impaired [Line Items]
Average Recorded Investment	3,172	1,700
Interest Income Recognition	47	21
Consumer | Residential and Home Equity
Financing Receivable Impaired [Line Items]
Average Recorded Investment	3,172	1,700
Interest Income Recognition	$ 47	$ 21

Loans and Allowance for Loan_14

Loans and Allowance for Loan Losses - Changes in Accretable Yield for PCI Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Balance, beginning of period	$ 5,884	$ 8,536
Accretion to interest income	(528)	(1,166)
Reclassification from non-accretable difference	95
Balance, end of period	$ 5,451	$ 7,370

Commitments and Contingencies -

Commitments and Contingencies - Summary of Contractual Amounts of Off-balance Sheet Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Commitments to Extend Credit
Commitments And Contingencies [Line Items]
Off-balance sheet financial instrument, contractual amount	$ 567,636	$ 577,612
Stand-by Letters of Credit and Bond Commitments
Commitments And Contingencies [Line Items]
Off-balance sheet financial instrument, contractual amount	22,780	22,979
Unused Credit Card Lines, All Unsecured
Commitments And Contingencies [Line Items]
Off-balance sheet financial instrument, contractual amount	$ 25,020	$ 24,885

Commitments and Contingencies_2

Commitments and Contingencies - Summary of Contractual Amounts of Off-balance Sheet Financial Instruments (Parenthetical) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Unsecured Commitments Included in Commitments to Extend Credit
Commitments And Contingencies [Line Items]
Off-balance sheet financial instrument, contractual amount	$ 16,986	$ 16,304
Unsecured Commitments Included in Stand-by Letters of Credit and Bond Commitments
Commitments And Contingencies [Line Items]
Off-balance sheet financial instrument, contractual amount	$ 695	$ 730

Fair Value - Summary of Estimat

Fair Value - Summary of Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financial Assets:
Investment securities available-for-sale	$ 347,123	$ 280,964
Carrying Value | Level 1
Financial Assets:
Cash and cash equivalents	144,022	48,547
Carrying Value | Level 2
Financial Assets:
Investment securities available-for-sale	332,579	280,964
Investment securities held-to-maturity		50,905
Non-marketable securities	2,623	2,551
Loans held for sale	7,184	10,267
Financial Liabilities:
Total deposits	1,951,325	1,877,055
Carrying Value | Level 3
Financial Assets:
Investment securities available-for-sale	14,544
Investment securities held-to-maturity		14,557
Loans held for investment	1,650,966	1,653,657
Estimated Fair Value | Level 1
Financial Assets:
Cash and cash equivalents	144,022	48,547
Estimated Fair Value | Level 2
Financial Assets:
Investment securities available-for-sale	332,579	280,964
Investment securities held-to-maturity		50,364
Non-marketable securities	2,623	2,551
Loans held for sale	7,184	10,267
Financial Liabilities:
Total deposits	1,712,862	1,675,992
Estimated Fair Value | Level 3
Financial Assets:
Investment securities available-for-sale	14,544
Investment securities held-to-maturity		14,402
Loans held for investment	$ 1,634,952	$ 1,637,617

Fair Value - Summary of Asset M

Fair Value - Summary of Asset Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 347,123	$ 280,964
Fair Valued on a Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	347,123	280,964
Fair Valued on a Non-Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	391	7,304
Level 2 | Fair Valued on a Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	332,579	280,964
Level 3 | Fair Valued on a Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	14,544
Level 3 | Fair Valued on a Non-Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 391	$ 7,304

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income tax expense	$ 3,273	$ 2,560
Effective tax rate	23.80%	22.10%

Regulatory Capital Matters - Ad

Regulatory Capital Matters - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
Consolidated Tier 1 Leverage ratio	12.70%	12.27%
Minimum reserve balances on average deposits	$ 3.4	$ 2.2

Incentive Share-Based Plan an_2

Incentive Share-Based Plan and Other Employee Benefits - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Jun. 30, 2014	Mar. 31, 2019	Mar. 31, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options issued to purchase common shares		0
Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation expense		$ 191	$ 216
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock units granted		30,205
Fair value of restricted stock units		$ 30.15
Share-Based Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Maximum number of shares available for issuance under the plan	800,000
Maximum | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		3 years
Maximum | Share-Based Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based awards granted term	10 years
Minimum [Member] | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period		1 year