Bank7 (BSVN) 10-Q 15 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 15, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Bank7 Corp.
Entity Central Index Key	0001746129
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		10,187,500
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 156,149	$ 128,090
Interest-bearing time deposits in other banks	34,277	31,759
Loans, net of allowance for loan losses of $7,835 and $7,832 at March 31, 2019 and December 31, 2018, respectively	578,790	592,078
Loans held for sale	207	512
Premises and equipment, net	8,289	7,753
Nonmarketable equity securities	1,055	1,055
Foreclosed assets held for sale	110	110
Goodwill and intangibles	1,943	1,995
Interest receivable and other assets	6,416	7,159
Total assets	787,236	770,511
Deposits
Noninterest-bearing	185,351	201,159
Interest-bearing	501,325	474,744
Total deposits	686,676	675,903
Income taxes payable	3,650	1,913
Interest payable and other liabilities	3,157	4,229
Total liabilities	693,483	682,045
Shareholders' equity
Preferred stock, par value $0.01 per share, 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock	102	102
Additional paid-in capital	80,446	80,275
Retained earnings	13,205	8,089
Total shareholders' equity	93,753	88,466
Total liabilities and shareholders' equity	787,236	770,511
Non-voting Common Stock [Member]
Shareholders' equity
Common stock	$ 0	$ 0

Unaudited Consolidated Balanc_2

Unaudited Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets
Allowance for loan losses	$ 7,835	$ 7,832
Shareholders' equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	10,187,500	10,187,500
Common stock, shares outstanding (in shares)	10,187,500	10,187,500
Non-voting Common Stock [Member]
Shareholders' equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	0	0
Common stock, shares outstanding (in shares)	0	0

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Interest Income
Loans, including fees	$ 11,622	$ 10,825
Interest-bearing time deposits in other banks	417	149
Interest-bearing deposits in other banks	538	366
Total interest income	12,577	11,340
Interest Expense
Deposits	2,224	1,419
Other borrowings	0	60
Total interest expense	2,224	1,479
Net Interest Income	10,353	9,861
Provision for Loan Losses	0	100
Net Interest Income After Provision for Loan Losses	10,353	9,761
Noninterest Income
Secondary market income	37	40
Service charges on deposit accounts	60	80
Other	126	144
Total noninterest income	223	264
Noninterest Expense
Salaries and employee benefits	2,171	2,150
Furniture and equipment	159	157
Occupancy	343	291
Data and item processing	262	233
Accounting, marketing and legal fees	147	34
Regulatory assessments	32	126
Advertising and public relations	186	187
Travel, lodging and entertainment	42	193
Other	413	305
Total noninterest expense	3,755	3,676
Income Before Taxes	6,821	6,349
Income tax expense	1,705	0
Net Income	$ 5,116	$ 6,349
Earnings per common share - basic and diluted (in dollars per share)	$ 0.50	$ 0.87
Weighted average common shares outstanding - basic and diluted (in shares)	10,187,500	7,287,500

Unaudited Consolidated Statem_2

Unaudited Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2017	$ 73	$ 6,987	$ 62,115	$ 69,175
Balance (in shares) at Dec. 31, 2017	7,287,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	6,349	6,349
Balance at Mar. 31, 2018	$ 73	6,987	68,464	75,524
Balance (in shares) at Mar. 31, 2018	7,287,500
Balance at Dec. 31, 2018	$ 102	80,275	8,089	88,466
Balance (in shares) at Dec. 31, 2018	10,187,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	5,116	5,116
Stock-based compensation expense	0	171	0	171
Balance at Mar. 31, 2019	$ 102	$ 80,446	$ 13,205	$ 93,753
Balance (in shares) at Mar. 31, 2019	10,187,500

Unaudited Consolidated Statem_3

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating Activities
Net income	$ 5,116	$ 6,349
Items not requiring (providing) cash
Depreciation and amortization	175	301
Provision for loan losses	0	100
Gain on sales of loans	(37)	(40)
Stock-based compensation expense	171	0
Cash receipts from the sale of loans originated for sale	2,685	1,554
Cash disbursements for loans originated for sale	(2,343)	(1,126)
Deferred income tax (benefit)	(43)	0
Changes in
Interest receivable and other assets	786	(143)
Interest payable and other liabilities	665	543
Net cash provided by operating activities	7,175	7,538
Investing Activities
Maturities of interest-bearing time deposits in other banks	6,973	248
Purchases of interest-bearing time deposits in other banks	(9,491)	(498)
Net change in loans	13,288	783
Purchases of premises and equipment	(659)	(75)
Purchase of nonmarketable equity securities	0	(2)
Net cash provided by investing activities	10,111	456
Financing Activities
Net change in deposits	10,773	(3,120)
Repayment of borrowed funds	0	(800)
Net cash provided by (used in) financing activities	10,773	(3,920)
Increase in Cash and Due from Banks	28,059	4,075
Cash and Due from Banks, Beginning of Period	128,090	100,054
Cash and Due from Banks, End of Period	156,149	104,129
Supplemental Disclosure of Cash Flows Information
Interest paid	$ 2,180	$ 1,316

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2019
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Note 1: Nature of Operations and Summary of Significant Accounting Policies Nature of Operations Bank7 Corp. (the “Company”), formerly known as Haines Financial Corp, is a bank holding company whose principal activity is the ownership and management of its wholly owned subsidiary, Bank 7 (the “Bank”). The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers located in Oklahoma, Kansas, and Texas. The Bank is subject to competition from other financial institutions. The Company is subject to the regulation of certain federal agencies and undergoes periodic examinations by those regulatory authorities. Basis of Presentation The accompanying unaudited interim consolidated financial statements contained herein reflect all adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations, and cash flows of the Company for the interim periods presented. All such adjustments are of a normal and recurring nature. There have been no significant changes in the accounting policies of the Company since December 31, 2018, the date of the most recent annual report. The consolidated balance sheet of the Company as of December 31, 2018 has been derived from the audited consolidated balance sheet of the Company as of that date. The information contained in the financial statements and footnotes included in the Company’s annual report for the year ended December 31, 2018, should be referred to in connection with these unaudited interim consolidated financial statements. Certain information and notes normally included in the Company’s annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto, included in the Company’s Form 10-K annual report for 2018 filed with the Securities and Exchange Commission. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank and its subsidiary, 1039 NW 63 rd Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of other real estate owned, other-than-temporary impairments, income taxes, goodwill and intangibles and fair values of financial instruments. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past-due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay and estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows or collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers nonimpaired loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral-dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The ASU supersedes and replaces nearly all existing revenue recognition guidance, including industry-specific guidance, and establishes a new control-based revenue recognition model for revenue from contracts with customers. The revenue line items in scope of this ASU have been identified and final assessment is pending; however, the majority of the Company’s financial instruments are not within the scope of Topic 606. Material revenue streams within the scope of Topic 606 include service charges on deposits. The guidance in the ASU is effective for annual reporting periods beginning after December 15, 2018. Based on the revenue streams impacted, this ASU is not expected to have a material impact on the Company’s financial condition or results of operation. The Company will adopt this ASU for the annual period ending December 31, 2019. In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. The ASU requires certain equity investments to be measured at fair value with changes recognized in net income. It also requires the use of the exit price notion when measuring the fair value of financial instruments for disclosure purpose and eliminates the requirement to disclose the methods and significant assumptions used to estimate the fair value disclosed for financial instruments measured at amortized cost. The guidance in the ASU is effective for annual reporting periods beginning after December 15, 2018. The Company will adopt this ASU for the annual period ending December 31, 2019. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The ASU requires lessees to recognize a lease liability and a right-of-use asset for all leases, excluding short-term leases, at the commencement date. The guidance in the ASU is effective for reporting periods beginning after December 15, 2019. Management is assessing the impact of this ASU; however, it is not expected to have a material impact on the Company’s financial condition, results of operation, or capital position, but will impact the presentation on the balance sheet of the Company’s current operating leases. The Company will adopt this ASU in the first quarter of 2020. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326). The ASU requires the replacement of the current incurred loss model with an expected loss model, referred to as the current expected credit loss (CECL) model. The guidance in the ASU is effective for reporting periods beginning after December 15, 2021 with a cumulative-effect adjustment to retained earnings required for the first reporting period. Management is still assessing the impact of this ASU; however, it is expected that it will not have a significant impact on the Company’s financial condition and results of operations as this modifies the calculation of the allowance by accelerating the recognition of losses. The Company will adopt this ASU in the first quarter of 2022. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The ASU amends existing guidance to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The guidance in the ASU is effective for reporting periods beginning after December 15, 2021 with prospective application. Management is still assessing the impact of this ASU; however, it is expected that it will not have a significant impact on the Company’s financial condition and results of operations. The Company will adopt this ASU in the first quarter of 2022. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820).” ASU 2018-13 removes, modifies and adds disclosure requirements on fair value measurements. ASU 2018-13 will be effective for the Company on January 1, 2020. Early adoption is permitted. In addition, early adoption of any removed or modified disclosures and delayed adoption of the additional disclosures until the effective date is also permitted. It is expected that adoption will not have a significant impact on the Company’s financial condition and results of operations. The Company will adopt this ASU in the first quarter of 2020.

Change in Capital Structure

Change in Capital Structure	3 Months Ended
	Mar. 31, 2019
Change in Capital Structure [Abstract]
Change in Capital Structure	Note 2: Change in Capital Structure On June 26, 2018, the Company amended and restated its Certificate of Incorporation. The original Certificate of Incorporation was amended to change the name of the Company from Haines Financial Corp to Bank7 Corp. In addition, the amendment changed the capital structure to authorize the issuance of 50,000,000 shares of common stock, par value $0.01 per share (the “Common Stock”), 20,000,000 shares of non-voting common stock, par value $0.01 per share (the “Non-voting Common Stock”), and 1,000,000 shares of preferred stock, par value $0.01 per share (the “Preferred Stock”). The Company completed a 24-to-1 stock split of the Company’s outstanding shares of common stock for shareholders on record as of July 6, 2018. The stock was payable in the form of a dividend on or about July 9, 2018. Shareholders received 24 additional shares for each share held. All share and per share amounts in the consolidated financial statements and related notes have been retroactively adjusted to reflect this stock split for all periods presented. Initial Public Offering On September 20, 2018, the Company completed the initial public offering of its common stock. In connection with the Company’s initial public offering, the Company sold and issued 2,900,000 shares of common stock at $19 per share. After deducting the underwriting discounts and offering expenses, the Company received total net proceeds of $50.1 million from the initial public offering. In connection with the initial public offering, the Company terminated its S Corporation status and became a taxable entity (“C Corporation”) on September 24, 2018. As such, any periods prior to September 24, 2018 will only reflect an effective state income tax rate. As a result of the termination of S Corporation status, we increased our deferred tax asset and recorded an initial tax benefit of $863,000. The deferred tax asset is the result of timing differences in the recognition of income/deductions for generally accepted accounting principles (“GAAP”) and tax purposes. Net deferred tax assets are included in other assets and no valuation allowance is considered necessary. We or one of our subsidiaries file income tax returns in the U.S. federal jurisdiction and various state jurisdictions. We are no longer subject to U.S. federal or state tax examinations for years before 2015.

Restriction on Cash and Due fro

Restriction on Cash and Due from Banks	3 Months Ended
	Mar. 31, 2019
Restriction on Cash and Due from Banks [Abstract]
Restriction on Cash and Due from Banks	Note 3: Restriction on Cash and Due from Banks The Company is required to maintain reserve funds in cash and/or on deposit with the Federal Reserve Bank. The reserve required at March 31, 2019 was $18.3 million.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Note 4: Earnings Per Share Basic earnings per common share represents the amount of earnings for the period available to each share of common stock outstanding during the reporting period. Basic EPS is computed based upon net income divided by the weighted average number of common shares outstanding during the year. Diluted EPS represents the amount of earnings for the period available to each share of common stock outstanding including common stock that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares outstanding during each reporting period. Diluted EPS is computed based upon net income dividend by the weighted average number of commons shares outstanding during each period, adjusted for the effect of dilutive potential common shares, such as restricted stock awards and nonqualified stock options, calculated using the treasury stock method. The following table shows the computation of basic and diluted earnings per share: For the three months ended March 31, 2019 2018 (Dollars in thousands, except per share amounts) Numerator Net income $ 5,116 $ 6,349 Denominator Denominator for basic earnings per common share 10,187,500 7,287,500 Dilutive effect of stock compensation (1) - - Denominator for diluted earnings per share 10,187,500 7,287,500 Earnings per common share Basic and diluted $ 0.50 $ 0.87 (1) Nonqualified stock options outstanding of 165,000 and restricted stock units of 130,000 as of March 31, 2019 have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2019
Loans and Allowance for Loan Losses [Abstract]
Loans and Allowance for Loan Losses	Note 5: Loans and Allowance for Loan Losses A summary of loans at March 31, 2019 and December 31, 2018, are as follows (dollars in thousands): March 31, 2019 December 31, 2018 Construction & development $ 96,810 $ 87,267 1-4 family commercial 33,943 33,278 Commercial real estate - other 156,664 156,396 Total commercial real estate 287,417 276,941 Commercial & industrial 230,326 248,394 Agricultural 57,021 62,844 Consumer 13,396 13,723 Gross loans 588,160 601,902 Less allowance for loan losses (7,835 ) (7,832 ) Less deferred loan fees (1,535 ) (1,992 ) Net loans $ 578,790 $ 592,078 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the three months ended March 31, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Balance, beginning of period $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Charge-offs - - - (4 ) - - (4 ) Recoveries - - - 7 - - 7 Net recoveries - - 3 - - 3 Provision (credit) for loan losses 154 19 52 (166 ) (58 ) (1 ) - Balance, end of period $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2018 Balance, beginning of period $ 1,407 $ 431 $ 1,865 $ 2,779 $ 1,015 $ 157 $ 7,654 Charge-offs - - (55 ) - - (55 ) Recoveries - - - - - - - Net charge-offs - - (55 ) - - (55 ) Provision (credit) for loan losses 58 66 (309 ) 384 (143 ) 44 100 Balance, end of period $ 1,465 $ 497 $ 1,556 $ 3,108 $ 872 $ 201 $ 7,699 The following table presents, by portfolio segment, the balance in allowance for loan losses and the gross loans based upon portfolio segment and impairment method as of March 31, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Allowance Balance Ending balance Individually evaluated for $ - $ 3 $ 32 $ - $ - $ - $ 35 Collectively evaluated for impairment 1,290 449 2,055 3,068 760 178 7,800 Total $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Gross Loans Ending balance Individually evaluated for impairment $ - $ 114 $ 1,944 $ 5,675 $ 3,014 $ 289 $ 11,036 Collectively evaluated for impairment 96,810 33,829 154,720 224,651 54,007 13,107 577,124 Total $ 96,810 $ 33,943 $ 156,664 $ 230,326 $ 57,021 $ 13,396 $ 588,160 December 31, 2018 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ 32 $ 14 $ - $ - $ 46 Collectively evaluated for impairment 1,136 433 2,003 3,217 818 179 7,786 Total $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Gross Loans Ending balance Individually evaluated for impairment $ - $ 115 $ 484 $ 7,381 $ 1,097 $ - $ 9,077 Collectively evaluated for impairment 87,267 33,163 155,912 241,013 61,747 13,723 592,825 Total $ 87,267 $ 33,278 $ 156,396 $ 248,394 $ 62,844 $ 13,723 $ 601,902 Internal Risk Categories Certain loan segments were reclassified during 2018. Each loan segment is made up of loan categories possessing similar risk characteristics. The Company’s re-alignment of the segments primarily consisted of reclassifying consumer-related and agricultural-related real estate loans from the real estate category to the consumer and agricultural categories, respectively. Management believes this more accurately represents the risk profile of each loan segment. In addition, the real estate segment was renamed to commercial real estate, and the commercial segment was renamed to commercial & industrial. The prior period amounts have been revised to conform to the current period presentation. These reclassifications did not have a significant impact on the allowance for loan losses. Risk characteristics applicable to each segment of the loan portfolio are described as follows: Real Estate Commercial & Industrial Agricultural Consumer Loan grades are numbered 1 through 4. Grade 1 is considered satisfactory. The grades of 2 and 3, or Watch and Special Mention, respectively, represent loans of lower quality and are considered criticized. Grade of 4, or Substandard, refers to loans that are classified. • Grade 1 (Pass) • Grade 2 (Watch) • Grade 3 (Special Mention) • Grade 4 (Substandard) The Company evaluates the definitions of loan grades and the allowance for loan losses methodology on an ongoing basis. No changes were made to either during period ended March 31, 2019. The following table presents the credit risk profile of the Company’s loan portfolio based on internal rating category as of March 31, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Grade 1 (Pass) $ 94,613 $ 32,887 $ 154,720 $ 183,486 $ 51,938 $ 13,107 $ 530,751 2 (Watch) 2,197 942 - 41,165 601 - 44,905 3 (Special Mention) - - - - 2,282 - 2,282 4 (Substandard) - 114 1,944 5,675 2,200 289 10,222 Total $ 96,810 $ 33,943 $ 156,664 $ 230,326 $ 57,021 $ 13,396 $ 588,160 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2018 Grade 1 (Pass) $ 84,485 $ 29,942 $ 154,353 $ 204,671 $ 57,782 $ 13,723 $ 544,956 2 (Watch) 2,782 3,221 1,559 36,342 758 - 44,662 3 (Special Mention) - - - - 3,207 - 3,207 4 (Substandard) - 115 484 7,381 1,097 - 9,077 Total $ 87,267 $ 33,278 $ 156,396 $ 248,394 $ 62,844 $ 13,723 $ 601,902 The following table presents the Company’s loan portfolio aging analysis of the recorded investment in loans as of March 31, 2019 and December 31, 2018 (dollars in thousands): Past Due Total Loans 30–59 Days 60–89 Days Greater than 90 Days Total Current Total Loans > 90 Days & Accruing March 31, 2019 Construction & development $ - $ - $ - $ - $ 96,810 $ 96,810 $ - 1 - 4 Family Real Estate - 107 8 115 33,828 33,943 - Commercial Real Estate - other - - - - 156,664 156,664 - Commercial & industrial - - - - 230,326 230,326 - Agricultural - - 1,097 1,097 55,924 57,021 1,097 Consumer 292 - - 292 13,104 13,396 - Total $ 292 $ 107 $ 1,105 $ 1,504 $ 586,656 $ 588,160 $ 1,097 December 31, 2018 Construction & development $ - $ - $ - $ - $ 87,267 $ 87,267 $ - 1 - 4 Family Real Estate 8 - - 8 33,270 33,278 - Commercial Real Estate - other - - - - 156,396 156,396 - Commercial & industrial - 5 - 5 248,389 248,394 - Agricultural - - - - 62,844 62,844 - Consumer 41 - - 41 13,682 13,723 - Total $ 49 $ 5 $ - $ 54 $ 601,848 $ 601,902 $ - The following table presents impaired loans as of March 31, 2019 and December 31, 2018 (dollars in thousands): Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with an Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Three Months Ended March 31, 2019 March 31, 2019 Construction & development $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 106 8 114 3 115 - Commercial Real Estate - other 1,944 - 1,944 1,944 32 959 33 Commercial & industrial 5,675 5,675 - 5,675 - 6,591 123 Agricultural 3,014 3,014 - 3,014 - 1,832 57 Consumer 289 289 - 289 - 193 5 Total $ 11,037 $ 9,084 $ 1,952 $ 11,036 $ 35 $ 9,690 $ 218 Three Months Ended March 31, 2018 December 31, 2018 Construction & development $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 115 - 115 - 109 - Commercial Real Estate - other 1,990 1,506 484 1,990 32 586 11 Commercial & industrial 7,614 7,359 22 7,381 14 3,535 139 Agricultural 1,097 1,097 - 1,097 - 1,562 33 Consumer 5 - - - - 32 - Total $ 10,821 $ 10,077 $ 506 $ 10,583 $ 46 $ 5,824 $ 183 Impaired loans include nonperforming loans and also include loans modified in troubled-debt restructurings where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. Included in certain loan categories in the impaired loans are troubled debt restructurings that were classified as impaired. At March 31, 2019, the Company had $411,000 of commercial loans, $1,944,000 of commercial real estate loans, and $1,012,000 of agricultural loans that were modified in troubled-debt restructurings and impaired and $501,000 in commercial loan modifications as of December 31, 2018. There were $2.9 million in newly modified troubled-debt restructurings during the three month period ended March 31, 2019, consisting of $1.9 million of commercial real estate loans, and $1.0 million of agricultural loans compared to no newly modified TDRs during the year ended December 31, 2018. The modification of the terms of the TDR loans included one or a combination of the following: a reduction of the stated interest rate of the loan; or an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk. These modifications did not result in any increase or decrease to the allowance for loan losses for the period ending March 31, 2019, primarily due to collateral support provided by the secondary source of repayment and/or the ability of the borrower to service restructured payments. These TDRs resulted in no charge offs during the period ended March 31, 2019. There were no troubled-debt restructurings modified in the past three months that subsequently defaulted for the period ended March 31, 2019. The following table represents information regarding nonperforming assets at March 31, 2019 and December 31, 2018: As of March 31, 2019 December 31, 2018 Nonaccrual loans $ 2,470 $ 2,615 Troubled-debt restructurings (1) 1,012 - Accruing loans 90 or more days past due 1,097 - Total nonperforming loans $ 4,579 $ 2,615 (1) $2.35 million and $501,000 of TDRs as of March 31, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above

Premises and Equipment

Premises and Equipment	3 Months Ended
	Mar. 31, 2019
Premises and Equipment [Abstract]
Premises and Equipment	Note 6: Premises and Equipment Major classifications of premises and equipment, stated at cost and net of accumulated depreciation are as follows (dollars in thousands): March 31, 2019 December 31, 2018 Land, buildings and improvements $ 8,879 $ 8,414 Furniture and equipment 1,773 1,654 Automobiles 798 722 11,450 10,790 Less accumulated depreciation (3,161 ) (3,037 ) Net premises and equipment $ 8,289 $ 7,753

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2019
Intangible Assets [Abstract]
Intangible Assets	Note 7: Intangible Assets The gross carrying amount and accumulated amortization of recognized intangible assets at March 31, 2019 and December 31, 2018, were (dollars in thousands): March 31, 2019 December 31, 2018 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Core deposit intangible $ 2,061 $ (1,129 ) $ 2,061 $ (1,077 ) Amortization expense for intangible assets totaled $52,000 for the three months ended March 31, 2019 and 2018. Estimated amortization expense for each of the following five years is as follows (dollars in thousands): 2019 $ 154 2020 206 2021 206 2022 206 2023 160 $ 932

Interest-Bearing Deposits

Interest-Bearing Deposits	3 Months Ended
	Mar. 31, 2019
Interest-Bearing Deposits [Abstract]
Interest-Bearing Deposits	Note 8: Interest-Bearing Deposits Interest-bearing time deposits in denominations of $250,000 or more were $60.1 million and $58.2 million at March 31, 2019 and December 31, 2018, respectively. At March 31, 2019, the scheduled maturities of interest-bearing time deposits were as follows (dollars in thousands): 2019 $ 138,632 2020 61,774 2021 4,915 Thereafter 3,642 $ 208,963 Some interest-bearing deposits are obtained through brokered transactions and the Company participates in the Certificate of Deposit Account Registry Service (“CDARS”). CDARS deposits totaled $56.0 million at March 31, 2019 and $32.5 million at December 31, 2018.

Letters of Credit

Letters of Credit	3 Months Ended
	Mar. 31, 2019
Letters of Credit [Abstract]
Letters of Credit	Note 9: Letters of Credit The Bank has entered into an arrangement with the FHLB resulting in the FHLB issuing letters of credit on behalf of the Bank with the resulting beneficiary being certain public funds in connection with these deposits. Outstanding letters of credit to secure these public funds at March 31, 2019 and December 31, 2018 were $1.5 million. Loans with a collateral value of approximately $69.9 million were used to secure the letters of credit.

Advances and Borrowings

Advances and Borrowings	3 Months Ended
	Mar. 31, 2019
Advances and Borrowings [Abstract]
Advances and Borrowings	Note 10: Advances and Borrowings The Bank has a blanket floating lien security agreement with a maximum borrowing capacity of $68.4 million at March 31, 2019, with the FHLB, under which the Bank is required to maintain collateral for any advances, including its stock in the FHLB, as well as qualifying first mortgage and other loans. The Bank had no advances from the FHLB at March 31, 2019 or December 31, 2018.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2019
Regulatory Matters [Abstract]
Regulatory Matters	Note 11: Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance-sheet items as calculated under GAAP, regulatory reporting requirements and regulatory capital standards. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Company’s and the Bank’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total, Tier I , and Common Equity capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier I capital (as defined) to average assets (as defined). Management believes, as of March 31, 2019, that the Bank meets all capital adequacy requirements to which it is subject and maintains capital conservation buffers that allow the Company and Bank to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to certain executive officers. As of March 31, 2019, the most recent notification from the Federal Deposit Insurance Corporation (FDIC) categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain capital ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios are presented in the following table (dollars in thousands): Actual Minimum Capital Requirements Minimum To Be Well Capitalized Under Prompt Corrective Action Amount Ratio Amount Ratio Amount Ratio As of March 31, 2019 Total capital (to risk-weighted assets) $ 98,815 17.36 % $ 45,527 8.00 % $ 56,909 10.00 % Tier I capital (to risk-weighted assets) $ 91,693 16.11 % $ 34,145 6.00 % $ 45,527 8.00 % Common Equity Tier I capital (to risk-weighted assets) $ 91,693 16.11 % $ 25,609 4.50 % $ 36,991 6.50 % Tier I capital (to average assets) $ 91,693 12.18 % $ 30,101 4.00 % $ 37,626 5.00 % As of December 31, 2018 Total capital (to risk-weighted assets) $ 93,704 16.03 % $ 46,751 8.00 % $ 58,439 10.00 % Tier I capital (to risk-weighted assets) $ 86,393 14.78 % $ 35,063 6.00 % $ 46,751 8.00 % Common Equity Tier I capital (to risk-weighted assets) $ 86,393 14.78 % $ 26,298 4.50 % $ 37,985 6.50 % Tier I capital (to average assets) $ 86,393 11.26 % $ 30,684 4.00 % $ 38,355 5.00 % In July 2013, the federal regulatory authorities issued a new capital rule based, in part, on revisions developed by the Basel Committee on Banking Supervision to the Basel capital framework (Basel III). The Bank became subject to the new rule effective January 1, 2015. Generally, the new rule implements higher minimum capital requirements, revises the definition of regulatory capital components and related calculations, adds a new common equity tier 1 capital ratio, implements a new capital conservation buffer, increases the risk weighting for past due loans and provides a transition period for several aspects of the new rule. In addition, banks with less than $250 billion in assets were given a one-time opt-out election under Basel III Capital Rules to filter from regulatory capital certain accumulated other comprehensive income (AOCI) components. The Bank made the opt-out election and excludes the AOCI components from the capital ratio computations. The current (new) capital rule provides that, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers, a banking organization must hold a capital conservation buffer composed of common equity tier 1 capital above its minimum risk-based capital requirements. The buffer is measured relative to risk-weighted assets. Phase-in of the capital conservation buffer requirements became effective January 1, 2016. The transition schedule for new ratios, including the capital conservation buffer, is as follows: As of January 1: 2015 2016 2017 2018 2019 Capital conservation buffer 0.00 % 0.625 % 1.25 % 1.875 % 2.50 % Minimum total capital plus capital conservation buffer 8.00 % 8.625 % 9.25 % 9.875 % 10.50 % Minimum Tier 1 capital plus capital conservation buffer 6.00 % 6.625 % 7.25 % 7.875 % 8.50 % Minimum Common Equity Tier 1 capital plus capital conservation buffer 4.50 % 5.125 % 5.75 % 6.375 % 7.00 % As fully phased in, a banking organization with a buffer greater than 2.5% would not be subject to additional limits on dividend payments or discretionary bonus payments; however, a banking organization with a buffer less than 2.5% would be subject to increasingly stringent limitations as the buffer approaches zero. The new rule also prohibits a banking organization from making dividend payments or discretionary bonus payments if its eligible retained income is negative in that quarter and its capital conservation buffer ratio was less than 2.5% as the beginning of that quarter. Eligible net income is defined as net income for the four calendar quarters preceding the current calendar quarter, net of any distributions and associated tax effects not already reflected in net income. A summary of payout restrictions based on the capital conservation buffer is as follows: Capital Conservation Buffer (as a % of risk-weighted assets) Maximum Payout (as a % of eligible retained income) Greater than 2.5% No payout limitations applies ≤2.5% and >1.875% 60 % ≤1.875% and >1.25% 40 % ≤1.25% and >0.625% 20 % ≤0.625% 0 % The Bank is subject to certain restrictions on the amount of dividends that it may declare without prior regulatory approval. At March 31, 2019, approximately $37.3 million of retained earnings was available for dividend declaration from the Bank without prior regulatory approval.

Related-Party Transactions

Related-Party Transactions	3 Months Ended
	Mar. 31, 2019
Related-Party Transactions [Abstract]
Related-Party Transactions	Note 12: Related-Party Transactions At March 31, 2019 and December 31, 2018, the Company had loans outstanding to executive officers, directors, significant shareholders and their affiliates (related parties) approximating $7.9 million and $6.9 million, respectively. A summary of these loans is as follows (dollars in thousands): Balance Beginning of the Period Additions Collections/ Terminations Balance End of the Period For the three months ended March 31, 2019 $ 6,897 $ 998 $ - $ 7,895 Year ended December 31, 2018 $ 6,684 $ 7,319 $ (7,106 ) $ 6,897 In management’s opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons. Further, in management’s opinion, these loans did not involve more than normal risk of collectability or present other unfavorable features. The Bank leases office and retail banking space in Woodward, Oklahoma from Haines Realty Investments Company, LLC, a related party of the Company. Lease expense totaled $46,000 for the three months ended March 31, 2019 and 2018. In addition, payroll and office sharing arrangements were in place between the Company and certain of its affiliates.

Employee Benefits

Employee Benefits	3 Months Ended
	Mar. 31, 2019
Employee Benefits [Abstract]
Employee Benefits	Note 13: Employee Benefits 401(k) Savings Plan The Company has a retirement savings 401(k) plan covering substantially all employees. Employees may contribute up to the maximum legal limit with the Bank matching up to 5% of the employee’s salary. Employer contributions charged to expense for the three months ended March 31, 2019 and 2018 totaled $66,000 and $50,000, respectively. Stock-Based Compensation The Company adopted a nonqualified incentive stock option plan (the “Bank7 Corp. 2018 Equity Incentive Plan”) in September 2018. The Bank7 Corp. 2018 Equity Incentive Plan will terminate in September 2028, if not extended. Compensation expense related to the Plan for the three months ended March 31, 2019 was $171,000. In connection with its IPO in September 2018, the Company granted to employees restricted stock units (RSUs) which vest ratably over five years and stock options which vest ratably over four years. All RSUs and stock options were granted at the fair value of the common stock at the time of the award. The RSUs are considered fixed awards as the number of shares and fair value are known at the date of grant and the fair value at the grant date is amortized over the vesting and/or service period. The Company uses newly issued shares for granting RSUs and stock options. The following table is a summary of the stock option activity under the Bank7 Corp. 2018 Equity Incentive Plan (dollar amounts in thousands, except per share data): Options Wgtd. Avg. Exercise Price Wgtd. Avg. Remaining Contractual Term Aggregate Intrinsic Value Three Months Ended March 31, 2019 Outstanding at December 31, 2018 150,000 $ 19.00 Options Granted 15,000 16.78 Options Exercised - - Outstanding at March 31, 2019 165,000 $ 18.80 9.52 Yrs $ 9 Exercisable at March 31, 2019 - - - The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model and is based on certain assumptions including risk-free rate of return, dividend yield, stock price volatility and the expected term. The fair value of each option is expensed over its vesting period. The following table shows the assumptions used for computing stock-based compensation expense under the fair value method on options granted during the periods presented: March 31, 2019 Risk-free interest rate 2.69 % Dividend yield 2.20 % Stock price volatility 31.05 % Expected term 7.01 yrs The following table summarizes share information about RSUs for the three months ended March 31, 2019: Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2018 130,000 $ 19.09 Shares granted - - Shares settled - - Outstanding at March 31, 2019 130,000 19.09 As of March 31, 2019, there was approximately $2.22 million of unrecognized compensation expense related to 130,000 unvested RSUs and $479,000 of unrecognized compensation expense related to 165,000 unvested stock options. The stock option expense is expected to be recognized over a weighted average period of four years, and the RSU expense is expected to be recognized over a weighted average period of five years. As of March 31, 2019, no RSUs or stock options were vested.

Disclosures About Fair Value of

Disclosures About Fair Value of Assets and Liabilities	3 Months Ended
	Mar. 31, 2019
Disclosures About Fair Value of Assets and Liabilities [Abstract]
Disclosures About Fair Value of Assets and Liabilities	Note 14: Disclosures About Fair Value of Assets and Liabilities Fair value is 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. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities Level 3 Unobservable inputs supported by little or no market activity and significant to the fair value of the assets or liabilities Recurring Measurements There were no assets measured at fair value on a recurring basis as of March 31, 2019 and December 31, 2018. Nonrecurring Measurements The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2019 and December 31, 2018 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) March 31, 2019 Impaired loans (collateral- dependent) $ 1,952 $ - $ - $ 1,952 Foreclosed assets held for sale $ 110 $ - $ - $ 110 December 31, 2018 Impaired loans (collateral- dependent) $ 506 $ - $ - $ 506 Foreclosed assets held for sale $ 110 $ - $ - $ 110 Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Collateral-Dependent Impaired Loans, Net of Allowance for Loan Losses The estimated fair value of collateral-dependent impaired loans is based on fair value, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 of the fair value hierarchy. The Company considers evaluation analysis as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Values of the collateral underlying collateral-dependent loans are obtained when the loan is determined to be collateral-dependent and subsequently as deemed necessary by executive management and loan administration. Values are reviewed for accuracy and consistency by executive management and loan administration. The ultimate collateral values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. Foreclosed Assets Held for Sale Foreclosed assets held for sale are carried at the lower of fair value at acquisition date or current estimated fair value, less estimated cost to sell when the asset is acquired. Estimated fair value of foreclosed assets is based on appraisals or evaluations. Foreclosed assets held for sale are classified within Level 3 of the fair value hierarchy. Appraisals of foreclosed assets held for sale are obtained when the asset is acquired and subsequently as deemed necessary by the Company. Appraisals are reviewed for accuracy and consistency by executive management and loan administration. Unobservable (Level 3) Inputs The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value Valuation Technique Unobservable Inputs Weighted- Average March 31, 2019 Collateral-dependent impaired loans $ 1,952 Appraisals from Estimated cost to sell 3-5 % Foreclosed assets held for sale $ 110 Appraisals from Estimated cost to sell 7-10 % December 31, 2018 Collateral-dependent impaired loans $ 506 Appraisals from Estimated cost to sell 7-10 % Foreclosed assets held for sale $ 110 Appraisals from Estimated cost to sell 7-10 % The following tables presents estimated fair values of the Company’s financial instruments not recorded at fair value at March 31, 2019 and December 31, 2018 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total March 31, 2019 Financial Assets Cash and due from banks $ 156,149 $ 156,149 $ - $ - $ 156,149 Interest-bearing time deposits in other banks $ 34,277 $ - $ 34,277 $ - $ 34,277 Loans, net of allowance $ 578,790 $ - $ 576,791 $ 1,952 $ 578,743 Mortgage loans held for sale $ 207 $ - $ 207 $ - $ 207 Nonmarketable equity securities $ 1,055 $ - $ 1,055 $ - $ 1,055 Interest receivable $ 4,249 $ - $ 4,249 $ - $ 4,249 Financial Liabilities Deposits $ 686,676 $ - $ 686,403 $ - $ 686,403 Interest payable $ 505 $ - $ 505 $ - $ 505 December 31, 2018 Financial Assets Cash and due from banks $ 128,090 $ 128,090 $ - $ - $ 128,090 Interest-bearing time deposits in other banks $ 31,759 $ - $ 31,758 $ - $ 31,758 Loans, net of allowance $ 592,078 $ - $ 591,893 $ 506 $ 592,399 Mortgage loans held for sale $ 512 $ - $ 512 $ - $ 512 Nonmarketable equity securities $ 1,055 $ - $ 1,055 $ - $ 1,055 Interest receivable $ 4,538 $ - $ 4,538 $ - $ 4,538 Financial Liabilities Deposits $ 675,903 $ - $ 675,017 $ - $ 675,017 Interest payable $ 461 $ - $ 461 $ - $ 461 The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying consolidated balance sheets at amounts other than fair value: Cash and Due from Banks, Interest-Bearing Time Deposits in Other Banks, Nonmarketable Equity Securities, Interest Receivable and Interest Payable The carrying amount approximates fair value. Loans and Mortgage Loans Held for Sale The fair value of loans is estimated by discounting the future cash flows using the market rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics were aggregated for purposes of the calculations. Deposits Deposits include demand deposits, savings accounts, NOW accounts and certain money market deposits. The carrying amount approximates fair value. The fair value of fixed-maturity time deposits is estimated using a discounted cash flow calculation that applies the rates currently offered for deposits of similar remaining maturities. Commitments to Extend Credit, Lines of Credit and Standby Letters of Credit The fair values of unfunded commitments are estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. The fair values of standby letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date. The estimated fair values of the Company’s commitments to extend credit, lines of credit and standby letters of credit were not material at March 31, 2019 or December 31, 2018.

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	3 Months Ended
	Mar. 31, 2019
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Financial Instruments with Off-Balance Sheet Risk	Note 15: Financial Instruments with Off-Balance Sheet Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the accompanying consolidated balance sheets. The following summarizes those financial instruments with contract amounts representing credit risk as of March 31, 2019 and December 31, 2018 (dollars in thousands): March 31, 2019 December 31, 2018 Commitments to extend credit $ 139,579 $ 135,015 Financial and performance standby letters of credit 1,039 1,078 $ 140,618 $ 136,093 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. Each instrument generally has fixed expiration dates or other termination clauses. Since many of the instruments are expected to expire without being drawn upon, total commitments to extend credit amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, by the Company upon extension of credit is based on management’s credit evaluation of the customer. Standby letters of credit are irrevocable conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers.

Significant Estimates and Conce

Significant Estimates and Concentrations	3 Months Ended
	Mar. 31, 2019
Significant Estimates and Concentrations [Abstract]
Significant Estimates and Concentrations	Note 16: Significant Estimates and Concentrations GAAP requires disclosure of certain significant estimates and current vulnerabilities due to certain concentrations. Estimates related to the allowance for loan losses are reflected in Note 5 Note 16 As of March 31, 2019, hospitality loans were 23% of gross total loans with outstanding balances of $137.4 million and unfunded commitments of $23.8 million; energy loans were 18% of gross total loans with outstanding balances of $105.6 million and unfunded commitments of $28.6 million.

Operating Leases

Operating Leases	3 Months Ended
	Mar. 31, 2019
Operating Leases [Abstract]
Operating Leases	Note 17: Operating Leases The Company leases certain of its branch facilities and office equipment under operating leases. Rental expense for these leases was $152,000 and $146,000 for the three months ended March 31, 2019 and 2018, respectively. Future minimum rental commitments of branch facilities and office equipment due under non-cancelable operating leases at March 31, 2019, were as follows (dollars in thousands): 2019 $ 434 2020 581 2021 406 2022 174 Thereafter 128 $ 1,723

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements contained herein reflect all adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations, and cash flows of the Company for the interim periods presented. All such adjustments are of a normal and recurring nature. There have been no significant changes in the accounting policies of the Company since December 31, 2018, the date of the most recent annual report. The consolidated balance sheet of the Company as of December 31, 2018 has been derived from the audited consolidated balance sheet of the Company as of that date. The information contained in the financial statements and footnotes included in the Company’s annual report for the year ended December 31, 2018, should be referred to in connection with these unaudited interim consolidated financial statements. Certain information and notes normally included in the Company’s annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto, included in the Company’s Form 10-K annual report for 2018 filed with the Securities and Exchange Commission. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank and its subsidiary, 1039 NW 63 rd
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of other real estate owned, other-than-temporary impairments, income taxes, goodwill and intangibles and fair values of financial instruments.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past-due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay and estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows or collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers nonimpaired loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral-dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The ASU supersedes and replaces nearly all existing revenue recognition guidance, including industry-specific guidance, and establishes a new control-based revenue recognition model for revenue from contracts with customers. The revenue line items in scope of this ASU have been identified and final assessment is pending; however, the majority of the Company’s financial instruments are not within the scope of Topic 606. Material revenue streams within the scope of Topic 606 include service charges on deposits. The guidance in the ASU is effective for annual reporting periods beginning after December 15, 2018. Based on the revenue streams impacted, this ASU is not expected to have a material impact on the Company’s financial condition or results of operation. The Company will adopt this ASU for the annual period ending December 31, 2019. In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. The ASU requires certain equity investments to be measured at fair value with changes recognized in net income. It also requires the use of the exit price notion when measuring the fair value of financial instruments for disclosure purpose and eliminates the requirement to disclose the methods and significant assumptions used to estimate the fair value disclosed for financial instruments measured at amortized cost. The guidance in the ASU is effective for annual reporting periods beginning after December 15, 2018. The Company will adopt this ASU for the annual period ending December 31, 2019. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The ASU requires lessees to recognize a lease liability and a right-of-use asset for all leases, excluding short-term leases, at the commencement date. The guidance in the ASU is effective for reporting periods beginning after December 15, 2019. Management is assessing the impact of this ASU; however, it is not expected to have a material impact on the Company’s financial condition, results of operation, or capital position, but will impact the presentation on the balance sheet of the Company’s current operating leases. The Company will adopt this ASU in the first quarter of 2020. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326). The ASU requires the replacement of the current incurred loss model with an expected loss model, referred to as the current expected credit loss (CECL) model. The guidance in the ASU is effective for reporting periods beginning after December 15, 2021 with a cumulative-effect adjustment to retained earnings required for the first reporting period. Management is still assessing the impact of this ASU; however, it is expected that it will not have a significant impact on the Company’s financial condition and results of operations as this modifies the calculation of the allowance by accelerating the recognition of losses. The Company will adopt this ASU in the first quarter of 2022. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The ASU amends existing guidance to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The guidance in the ASU is effective for reporting periods beginning after December 15, 2021 with prospective application. Management is still assessing the impact of this ASU; however, it is expected that it will not have a significant impact on the Company’s financial condition and results of operations. The Company will adopt this ASU in the first quarter of 2022. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820).” ASU 2018-13 removes, modifies and adds disclosure requirements on fair value measurements. ASU 2018-13 will be effective for the Company on January 1, 2020. Early adoption is permitted. In addition, early adoption of any removed or modified disclosures and delayed adoption of the additional disclosures until the effective date is also permitted. It is expected that adoption will not have a significant impact on the Company’s financial condition and results of operations. The Company will adopt this ASU in the first quarter of 2020.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	The following table shows the computation of basic and diluted earnings per share: For the three months ended March 31, 2019 2018 (Dollars in thousands, except per share amounts) Numerator Net income $ 5,116 $ 6,349 Denominator Denominator for basic earnings per common share 10,187,500 7,287,500 Dilutive effect of stock compensation (1) - - Denominator for diluted earnings per share 10,187,500 7,287,500 Earnings per common share Basic and diluted $ 0.50 $ 0.87 (1) Nonqualified stock options outstanding of 165,000 and restricted stock units of 130,000 as of March 31, 2019 have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented.

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2019
Loans and Allowance for Loan Losses [Abstract]
Summary of Loans	A summary of loans at March 31, 2019 and December 31, 2018, are as follows (dollars in thousands): March 31, 2019 December 31, 2018 Construction & development $ 96,810 $ 87,267 1-4 family commercial 33,943 33,278 Commercial real estate - other 156,664 156,396 Total commercial real estate 287,417 276,941 Commercial & industrial 230,326 248,394 Agricultural 57,021 62,844 Consumer 13,396 13,723 Gross loans 588,160 601,902 Less allowance for loan losses (7,835 ) (7,832 ) Less deferred loan fees (1,535 ) (1,992 ) Net loans $ 578,790 $ 592,078
Activity in Allowance for Loan Losses by Portfolio Segment	The following table presents, by portfolio segment, the activity in the allowance for loan losses for the three months ended March 31, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Balance, beginning of period $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Charge-offs - - - (4 ) - - (4 ) Recoveries - - - 7 - - 7 Net recoveries - - 3 - - 3 Provision (credit) for loan losses 154 19 52 (166 ) (58 ) (1 ) - Balance, end of period $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2018 Balance, beginning of period $ 1,407 $ 431 $ 1,865 $ 2,779 $ 1,015 $ 157 $ 7,654 Charge-offs - - (55 ) - - (55 ) Recoveries - - - - - - - Net charge-offs - - (55 ) - - (55 ) Provision (credit) for loan losses 58 66 (309 ) 384 (143 ) 44 100 Balance, end of period $ 1,465 $ 497 $ 1,556 $ 3,108 $ 872 $ 201 $ 7,699 The following table presents, by portfolio segment, the balance in allowance for loan losses and the gross loans based upon portfolio segment and impairment method as of March 31, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Allowance Balance Ending balance Individually evaluated for $ - $ 3 $ 32 $ - $ - $ - $ 35 Collectively evaluated for impairment 1,290 449 2,055 3,068 760 178 7,800 Total $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Gross Loans Ending balance Individually evaluated for impairment $ - $ 114 $ 1,944 $ 5,675 $ 3,014 $ 289 $ 11,036 Collectively evaluated for impairment 96,810 33,829 154,720 224,651 54,007 13,107 577,124 Total $ 96,810 $ 33,943 $ 156,664 $ 230,326 $ 57,021 $ 13,396 $ 588,160 December 31, 2018 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ 32 $ 14 $ - $ - $ 46 Collectively evaluated for impairment 1,136 433 2,003 3,217 818 179 7,786 Total $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Gross Loans Ending balance Individually evaluated for impairment $ - $ 115 $ 484 $ 7,381 $ 1,097 $ - $ 9,077 Collectively evaluated for impairment 87,267 33,163 155,912 241,013 61,747 13,723 592,825 Total $ 87,267 $ 33,278 $ 156,396 $ 248,394 $ 62,844 $ 13,723 $ 601,902
Loan Portfolio Based on Internal Rating Category	The following table presents the credit risk profile of the Company’s loan portfolio based on internal rating category as of March 31, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total March 31, 2019 Grade 1 (Pass) $ 94,613 $ 32,887 $ 154,720 $ 183,486 $ 51,938 $ 13,107 $ 530,751 2 (Watch) 2,197 942 - 41,165 601 - 44,905 3 (Special Mention) - - - - 2,282 - 2,282 4 (Substandard) - 114 1,944 5,675 2,200 289 10,222 Total $ 96,810 $ 33,943 $ 156,664 $ 230,326 $ 57,021 $ 13,396 $ 588,160 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2018 Grade 1 (Pass) $ 84,485 $ 29,942 $ 154,353 $ 204,671 $ 57,782 $ 13,723 $ 544,956 2 (Watch) 2,782 3,221 1,559 36,342 758 - 44,662 3 (Special Mention) - - - - 3,207 - 3,207 4 (Substandard) - 115 484 7,381 1,097 - 9,077 Total $ 87,267 $ 33,278 $ 156,396 $ 248,394 $ 62,844 $ 13,723 $ 601,902
Loan Portfolio Aging Analysis of Recorded Investment in Loans	The following table presents the Company’s loan portfolio aging analysis of the recorded investment in loans as of March 31, 2019 and December 31, 2018 (dollars in thousands): Past Due Total Loans 30–59 Days 60–89 Days Greater than 90 Days Total Current Total Loans > 90 Days & Accruing March 31, 2019 Construction & development $ - $ - $ - $ - $ 96,810 $ 96,810 $ - 1 - 4 Family Real Estate - 107 8 115 33,828 33,943 - Commercial Real Estate - other - - - - 156,664 156,664 - Commercial & industrial - - - - 230,326 230,326 - Agricultural - - 1,097 1,097 55,924 57,021 1,097 Consumer 292 - - 292 13,104 13,396 - Total $ 292 $ 107 $ 1,105 $ 1,504 $ 586,656 $ 588,160 $ 1,097 December 31, 2018 Construction & development $ - $ - $ - $ - $ 87,267 $ 87,267 $ - 1 - 4 Family Real Estate 8 - - 8 33,270 33,278 - Commercial Real Estate - other - - - - 156,396 156,396 - Commercial & industrial - 5 - 5 248,389 248,394 - Agricultural - - - - 62,844 62,844 - Consumer 41 - - 41 13,682 13,723 - Total $ 49 $ 5 $ - $ 54 $ 601,848 $ 601,902 $ -
Impaired Loans	The following table presents impaired loans as of March 31, 2019 and December 31, 2018 (dollars in thousands): Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with an Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Three Months Ended March 31, 2019 March 31, 2019 Construction & development $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 106 8 114 3 115 - Commercial Real Estate - other 1,944 - 1,944 1,944 32 959 33 Commercial & industrial 5,675 5,675 - 5,675 - 6,591 123 Agricultural 3,014 3,014 - 3,014 - 1,832 57 Consumer 289 289 - 289 - 193 5 Total $ 11,037 $ 9,084 $ 1,952 $ 11,036 $ 35 $ 9,690 $ 218 Three Months Ended March 31, 2018 December 31, 2018 Construction & development $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 115 - 115 - 109 - Commercial Real Estate - other 1,990 1,506 484 1,990 32 586 11 Commercial & industrial 7,614 7,359 22 7,381 14 3,535 139 Agricultural 1,097 1,097 - 1,097 - 1,562 33 Consumer 5 - - - - 32 - Total $ 10,821 $ 10,077 $ 506 $ 10,583 $ 46 $ 5,824 $ 183
Information Regarding Nonperforming Assets	The following table represents information regarding nonperforming assets at March 31, 2019 and December 31, 2018: As of March 31, 2019 December 31, 2018 Nonaccrual loans $ 2,470 $ 2,615 Troubled-debt restructurings (1) 1,012 - Accruing loans 90 or more days past due 1,097 - Total nonperforming loans $ 4,579 $ 2,615 (1) $2.35 million and $501,000 of TDRs as of March 31, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above

Premises and Equipment (Tables)

Premises and Equipment (Tables)	3 Months Ended
	Mar. 31, 2019
Premises and Equipment [Abstract]
Premises and Equipment	Major classifications of premises and equipment, stated at cost and net of accumulated depreciation are as follows (dollars in thousands): March 31, 2019 December 31, 2018 Land, buildings and improvements $ 8,879 $ 8,414 Furniture and equipment 1,773 1,654 Automobiles 798 722 11,450 10,790 Less accumulated depreciation (3,161 ) (3,037 ) Net premises and equipment $ 8,289 $ 7,753

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2019
Intangible Assets [Abstract]
Gross Carrying Amount and Accumulated Amortization of Recognized Intangible Assets	The gross carrying amount and accumulated amortization of recognized intangible assets at March 31, 2019 and December 31, 2018, were (dollars in thousands): March 31, 2019 December 31, 2018 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Core deposit intangible $ 2,061 $ (1,129 ) $ 2,061 $ (1,077 )
Amortization Expense for Intangible Assets	Amortization expense for intangible assets totaled $52,000 for the three months ended March 31, 2019 and 2018. Estimated amortization expense for each of the following five years is as follows (dollars in thousands): 2019 $ 154 2020 206 2021 206 2022 206 2023 160 $ 932

Interest-Bearing Deposits (Tabl

Interest-Bearing Deposits (Tables)	3 Months Ended
	Mar. 31, 2019
Interest-Bearing Deposits [Abstract]
Scheduled Maturities of Interest-Bearing Time Deposits	At March 31, 2019, the scheduled maturities of interest-bearing time deposits were as follows (dollars in thousands): 2019 $ 138,632 2020 61,774 2021 4,915 Thereafter 3,642 $ 208,963

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2019
Regulatory Matters [Abstract]
Actual Capital Amounts and Ratios	The Bank’s actual capital amounts and ratios are presented in the following table (dollars in thousands): Actual Minimum Capital Requirements Minimum To Be Well Capitalized Under Prompt Corrective Action Amount Ratio Amount Ratio Amount Ratio As of March 31, 2019 Total capital (to risk-weighted assets) $ 98,815 17.36 % $ 45,527 8.00 % $ 56,909 10.00 % Tier I capital (to risk-weighted assets) $ 91,693 16.11 % $ 34,145 6.00 % $ 45,527 8.00 % Common Equity Tier I capital (to risk-weighted assets) $ 91,693 16.11 % $ 25,609 4.50 % $ 36,991 6.50 % Tier I capital (to average assets) $ 91,693 12.18 % $ 30,101 4.00 % $ 37,626 5.00 % As of December 31, 2018 Total capital (to risk-weighted assets) $ 93,704 16.03 % $ 46,751 8.00 % $ 58,439 10.00 % Tier I capital (to risk-weighted assets) $ 86,393 14.78 % $ 35,063 6.00 % $ 46,751 8.00 % Common Equity Tier I capital (to risk-weighted assets) $ 86,393 14.78 % $ 26,298 4.50 % $ 37,985 6.50 % Tier I capital (to average assets) $ 86,393 11.26 % $ 30,684 4.00 % $ 38,355 5.00 % The transition schedule for new ratios, including the capital conservation buffer, is as follows: As of January 1: 2015 2016 2017 2018 2019 Capital conservation buffer 0.00 % 0.625 % 1.25 % 1.875 % 2.50 % Minimum total capital plus capital conservation buffer 8.00 % 8.625 % 9.25 % 9.875 % 10.50 % Minimum Tier 1 capital plus capital conservation buffer 6.00 % 6.625 % 7.25 % 7.875 % 8.50 % Minimum Common Equity Tier 1 capital plus capital conservation buffer 4.50 % 5.125 % 5.75 % 6.375 % 7.00 % A summary of payout restrictions based on the capital conservation buffer is as follows: Capital Conservation Buffer (as a % of risk-weighted assets) Maximum Payout (as a % of eligible retained income) Greater than 2.5% No payout limitations applies ≤2.5% and >1.875% 60 % ≤1.875% and >1.25% 40 % ≤1.25% and >0.625% 20 % ≤0.625% 0 %

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2019
Related-Party Transactions [Abstract]
Summary of Loans	A summary of these loans is as follows (dollars in thousands): Balance Beginning of the Period Additions Collections/ Terminations Balance End of the Period For the three months ended March 31, 2019 $ 6,897 $ 998 $ - $ 7,895 Year ended December 31, 2018 $ 6,684 $ 7,319 $ (7,106 ) $ 6,897

Employee Benefits (Tables)

Employee Benefits (Tables)	3 Months Ended
	Mar. 31, 2019
Employee Benefits [Abstract]
Stock Options Activity	The following table is a summary of the stock option activity under the Bank7 Corp. 2018 Equity Incentive Plan (dollar amounts in thousands, except per share data): Options Wgtd. Avg. Exercise Price Wgtd. Avg. Remaining Contractual Term Aggregate Intrinsic Value Three Months Ended March 31, 2019 Outstanding at December 31, 2018 150,000 $ 19.00 Options Granted 15,000 16.78 Options Exercised - - Outstanding at March 31, 2019 165,000 $ 18.80 9.52 Yrs $ 9 Exercisable at March 31, 2019 - - -
Weighted-Average Inputs and Risk-Free Rate of Return Ranges used to Calculate Grant Date Fair Value of Options	The following table shows the assumptions used for computing stock-based compensation expense under the fair value method on options granted during the periods presented: March 31, 2019 Risk-free interest rate 2.69 % Dividend yield 2.20 % Stock price volatility 31.05 % Expected term 7.01 yrs
Restricted Stock Units	The following table summarizes share information about RSUs for the three months ended March 31, 2019: Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2018 130,000 $ 19.09 Shares granted - - Shares settled - - Outstanding at March 31, 2019 130,000 19.09

Disclosures About Fair Value _2

Disclosures About Fair Value of Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosures About Fair Value of Assets and Liabilities [Abstract]
Assets Measured at Fair Value on Nonrecurring Basis	The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2019 and December 31, 2018 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) March 31, 2019 Impaired loans (collateral- dependent) $ 1,952 $ - $ - $ 1,952 Foreclosed assets held for sale $ 110 $ - $ - $ 110 December 31, 2018 Impaired loans (collateral- dependent) $ 506 $ - $ - $ 506 Foreclosed assets held for sale $ 110 $ - $ - $ 110
Quantitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value Valuation Technique Unobservable Inputs Weighted- Average March 31, 2019 Collateral-dependent impaired loans $ 1,952 Appraisals from Estimated cost to sell 3-5 % Foreclosed assets held for sale $ 110 Appraisals from Estimated cost to sell 7-10 % December 31, 2018 Collateral-dependent impaired loans $ 506 Appraisals from Estimated cost to sell 7-10 % Foreclosed assets held for sale $ 110 Appraisals from Estimated cost to sell 7-10 %
Estimated Fair Value of Financial Instruments not Recorded at Fair Value	The following tables presents estimated fair values of the Company’s financial instruments not recorded at fair value at March 31, 2019 and December 31, 2018 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total March 31, 2019 Financial Assets Cash and due from banks $ 156,149 $ 156,149 $ - $ - $ 156,149 Interest-bearing time deposits in other banks $ 34,277 $ - $ 34,277 $ - $ 34,277 Loans, net of allowance $ 578,790 $ - $ 576,791 $ 1,952 $ 578,743 Mortgage loans held for sale $ 207 $ - $ 207 $ - $ 207 Nonmarketable equity securities $ 1,055 $ - $ 1,055 $ - $ 1,055 Interest receivable $ 4,249 $ - $ 4,249 $ - $ 4,249 Financial Liabilities Deposits $ 686,676 $ - $ 686,403 $ - $ 686,403 Interest payable $ 505 $ - $ 505 $ - $ 505 December 31, 2018 Financial Assets Cash and due from banks $ 128,090 $ 128,090 $ - $ - $ 128,090 Interest-bearing time deposits in other banks $ 31,759 $ - $ 31,758 $ - $ 31,758 Loans, net of allowance $ 592,078 $ - $ 591,893 $ 506 $ 592,399 Mortgage loans held for sale $ 512 $ - $ 512 $ - $ 512 Nonmarketable equity securities $ 1,055 $ - $ 1,055 $ - $ 1,055 Interest receivable $ 4,538 $ - $ 4,538 $ - $ 4,538 Financial Liabilities Deposits $ 675,903 $ - $ 675,017 $ - $ 675,017 Interest payable $ 461 $ - $ 461 $ - $ 461

Financial Instruments with Of_2

Financial Instruments with Off-Balance Sheet Risk (Tables)	3 Months Ended
	Mar. 31, 2019
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Financial Instruments with Contract Amounts Representing Credit Risk	The following summarizes those financial instruments with contract amounts representing credit risk as of March 31, 2019 and December 31, 2018 (dollars in thousands): March 31, 2019 December 31, 2018 Commitments to extend credit $ 139,579 $ 135,015 Financial and performance standby letters of credit 1,039 1,078 $ 140,618 $ 136,093

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Operating Leases [Abstract]
Future Minimum Rental Commitments Non-Cancelable Operating Leases	Future minimum rental commitments of branch facilities and office equipment due under non-cancelable operating leases at March 31, 2019, were as follows (dollars in thousands): 2019 $ 434 2020 581 2021 406 2022 174 Thereafter 128 $ 1,723

Change in Capital Structure (De

Change in Capital Structure (Details) $ / shares in Units, $ in Thousands	Sep. 24, 2018USD ($)	Sep. 20, 2018USD ($)$ / sharesshares	Jul. 06, 2018	Mar. 31, 2019USD ($)$ / sharesshares	Mar. 31, 2018USD ($)	Dec. 31, 2018$ / sharesshares	Jun. 26, 2018$ / sharesshares
Change in Capital Structure [Abstract]
Common stock, shares authorized (in shares) | shares				50,000,000		50,000,000	50,000,000
Common stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares) | shares				1,000,000		1,000,000	1,000,000
Preferred stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01	$ 0.01
Stock split ratio			24
Deferred income tax (benefit) | $	$ (863)			$ (43)	$ 0
Initial Public Offering [Member]
Change in Capital Structure [Abstract]
Sold and issued shares of common stock (in shares) | shares		2,900,000
Common stock price per share (in dollars per share) | $ / shares		$ 19
Net proceeds from initial public offering | $		$ 50,100
Non-voting Common Stock [Member]
Change in Capital Structure [Abstract]
Common stock, shares authorized (in shares) | shares				20,000,000		20,000,000	20,000,000
Common stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01	$ 0.01

Restriction on Cash and Due f_2

Restriction on Cash and Due from Banks (Details) $ in Thousands	Mar. 31, 2019USD ($)
Restriction on Cash and Due from Banks [Abstract]
Reserve funds to be maintained with Federal Reserve Bank	$ 18,300

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Numerator [Abstract]
Net income		$ 5,116	$ 6,349
Denominator [Abstract]
Denominator for basic earnings per common share (in shares)		10,187,500	7,287,500
Dilutive effect of stock compensation (in shares)	[1]	0	0
Denominator for diluted earnings per share (in shares)		10,187,500	7,287,500
Earnings per common share [Abstract]
Basic and diluted (in dollars per share)		$ 0.50	$ 0.87
Stock Option [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)		165,000
Restricted Stock [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)		130,000
[1]	Nonqualified stock options outstanding of 165,000 and restricted stock units of 130,000 as of March 31, 2019 have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented.

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
Summary of loans [Abstract]
Gross loans	$ 588,160	$ 601,902
Less allowance for loan losses	(7,835)	(7,832)	$ (7,699)	$ (7,654)
Less deferred loan fees	(1,535)	(1,992)
Net loans	578,790	592,078
Construction & Development [Member]
Summary of loans [Abstract]
Gross loans	96,810	87,267
Less allowance for loan losses	(1,290)	(1,136)	(1,465)	(1,407)
1-4 Family Commercial [Member]
Summary of loans [Abstract]
Gross loans	33,943	33,278
Less allowance for loan losses	(452)	(433)	(497)	(431)
Commercial Real Estate - Other [Member]
Summary of loans [Abstract]
Gross loans	156,664	156,396
Less allowance for loan losses	(2,087)	(2,035)	(1,556)	(1,865)
Commercial Real Estate [Member]
Summary of loans [Abstract]
Gross loans	287,417	276,941
Commercial & Industrial [Member]
Summary of loans [Abstract]
Gross loans	230,326	248,394
Less allowance for loan losses	(3,068)	(3,231)	(3,108)	(2,779)
Agricultural [Member]
Summary of loans [Abstract]
Gross loans	57,021	62,844
Less allowance for loan losses	(760)	(818)	(872)	(1,015)
Consumer [Member]
Summary of loans [Abstract]
Gross loans	13,396	13,723
Less allowance for loan losses	$ (178)	$ (179)	$ (201)	$ (157)

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses, Activity in Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Dec. 31, 2018
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	$ 7,832	$ 7,654
Charge-offs	(4)	(55)
Recoveries	7	0
Net recoveries (charge-offs)	3	(55)
Provision (credit) for loan losses	0	100
Balance, end of period	7,835	7,699
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			$ 35	$ 46
Ending balance, Collectively evaluated for impairment			7,800	7,786
Total	7,835	7,654	7,835	7,832
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			11,036	9,077
Ending balance, Collectively evaluated for impairment			577,124	592,825
Total			588,160	601,902
Construction & Development [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	1,136	1,407
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit) for loan losses	154	58
Balance, end of period	1,290	1,465
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			0	0
Ending balance, Collectively evaluated for impairment			1,290	1,136
Total	1,136	1,407	1,290	1,136
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			0	0
Ending balance, Collectively evaluated for impairment			96,810	87,267
Total			96,810	87,267
1-4 Family Commercial [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	433	431
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit) for loan losses	19	66
Balance, end of period	452	497
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			3	0
Ending balance, Collectively evaluated for impairment			449	433
Total	433	431	452	433
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			114	115
Ending balance, Collectively evaluated for impairment			33,829	33,163
Total			33,943	33,278
Commercial Real Estate - Other [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	2,035	1,865
Charge-offs	0
Recoveries	0	0
Provision (credit) for loan losses	52	(309)
Balance, end of period	2,087	1,556
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			32	32
Ending balance, Collectively evaluated for impairment			2,055	2,003
Total	2,035	1,865	2,087	2,035
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			1,944	484
Ending balance, Collectively evaluated for impairment			154,720	155,912
Total			156,664	156,396
Commercial & Industrial [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	3,231	2,779
Charge-offs	(4)	(55)
Recoveries	7	0
Net recoveries (charge-offs)	3	(55)
Provision (credit) for loan losses	(166)	384
Balance, end of period	3,068	3,108
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			0	14
Ending balance, Collectively evaluated for impairment			3,068	3,217
Total	3,231	2,779	3,068	3,231
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			5,675	7,381
Ending balance, Collectively evaluated for impairment			224,651	241,013
Total			230,326	248,394
Agricultural [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	818	1,015
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit) for loan losses	(58)	(143)
Balance, end of period	760	872
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			0	0
Ending balance, Collectively evaluated for impairment			760	818
Total	818	1,015	760	818
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			3,014	1,097
Ending balance, Collectively evaluated for impairment			54,007	61,747
Total			57,021	62,844
Consumer [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	179	157
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit) for loan losses	(1)	44
Balance, end of period	178	201
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment			0	0
Ending balance, Collectively evaluated for impairment			178	179
Total	$ 179	$ 157	178	179
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment			289	0
Ending balance, Collectively evaluated for impairment			13,107	13,723
Total			$ 13,396	$ 13,723

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses, Loan Portfolio Based on Internal Rating Category (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	$ 588,160	$ 601,902
1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	530,751	544,956
2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	44,905	44,662
3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,282	3,207
4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	10,222	9,077
Construction & Development [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	96,810	87,267
Construction & Development [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	94,613	84,485
Construction & Development [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,197	2,782
Construction & Development [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Construction & Development [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
1-4 Family Commercial [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	33,943	33,278
1-4 Family Commercial [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	32,887	29,942
1-4 Family Commercial [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	942	3,221
1-4 Family Commercial [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
1-4 Family Commercial [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	114	115
Commercial Real Estate - Other [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	156,664	156,396
Commercial Real Estate - Other [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	154,720	154,353
Commercial Real Estate - Other [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	1,559
Commercial Real Estate - Other [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Commercial Real Estate - Other [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	1,944	484
Commercial & Industrial [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	230,326	248,394
Commercial & Industrial [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	183,486	204,671
Commercial & Industrial [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	41,165	36,342
Commercial & Industrial [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Commercial & Industrial [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	5,675	7,381
Agricultural [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	57,021	62,844
Agricultural [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	51,938	57,782
Agricultural [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	601	758
Agricultural [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,282	3,207
Agricultural [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,200	1,097
Consumer [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	13,396	13,723
Consumer [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	13,107	13,723
Consumer [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Consumer [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Consumer [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	$ 289	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses, Loan Portfolio Aging Analysis of Recorded Investment in Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	$ 1,504	$ 54
Current	586,656	601,848
Total	588,160	601,902
Total Loans > 90 Days & Accruing	1,097	0
30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	292	49
60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	107	5
Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	1,105	0
Construction & Development [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Current	96,810	87,267
Total	96,810	87,267
Total Loans > 90 Days & Accruing	0	0
Construction & Development [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Construction & Development [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Construction & Development [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
1-4 Family Commercial [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	115	8
Current	33,828	33,270
Total	33,943	33,278
Total Loans > 90 Days & Accruing	0	0
1-4 Family Commercial [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	8
1-4 Family Commercial [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	107	0
1-4 Family Commercial [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	8	0
Commercial Real Estate - Other [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Current	156,664	156,396
Total	156,664	156,396
Total Loans > 90 Days & Accruing	0	0
Commercial Real Estate - Other [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Commercial Real Estate - Other [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Commercial Real Estate - Other [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Commercial & Industrial [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	5
Current	230,326	248,389
Total	230,326	248,394
Total Loans > 90 Days & Accruing	0	0
Commercial & Industrial [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Commercial & Industrial [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	5
Commercial & Industrial [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Agricultural [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	1,097	0
Current	55,924	62,844
Total	57,021	62,844
Total Loans > 90 Days & Accruing	1,097	0
Agricultural [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Agricultural [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Agricultural [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	1,097	0
Consumer [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	292	41
Current	13,104	13,682
Total	13,396	13,723
Total Loans > 90 Days & Accruing	0	0
Consumer [Member] | 30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	292	41
Consumer [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	0
Consumer [Member] | Greater than 90 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses, Impaired Loans and TDR's (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Impaired Loans [Abstract]
Unpaid principal balance	$ 11,037		$ 10,821
Recorded investment with no allowance	9,084		10,077
Recorded investment with an allowance	1,952		506
Total recorded investment	11,036		10,583
Related allowance	35		46
Average recorded investment	9,690	$ 5,824
Interest income recognized	218	183
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	2,900		0
Troubled debt restructurings modified in three months that subsequently defaulted	0
Construction & Development [Member]
Impaired Loans [Abstract]
Unpaid principal balance	0		0
Recorded investment with no allowance	0		0
Recorded investment with an allowance	0		0
Total recorded investment	0		0
Related allowance	0		0
Average recorded investment	0	0
Interest income recognized	0	0
Commercial Loan [Member]
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	411		501
1-4 Family Commercial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	115		115
Recorded investment with no allowance	106		115
Recorded investment with an allowance	8		0
Total recorded investment	114		115
Related allowance	3		0
Average recorded investment	115	109
Interest income recognized	0	0
Commercial Real Estate - Other [Member]
Impaired Loans [Abstract]
Unpaid principal balance	1,944		1,990
Recorded investment with no allowance	0		1,506
Recorded investment with an allowance	1,944		484
Total recorded investment	1,944		1,990
Related allowance	32		32
Average recorded investment	959	586
Interest income recognized	33	11
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	1,944
Commercial & Industrial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	5,675		7,614
Recorded investment with no allowance	5,675		7,359
Recorded investment with an allowance	0		22
Total recorded investment	5,675		7,381
Related allowance	0		14
Average recorded investment	6,591	3,535
Interest income recognized	123	139
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	2,350		501
Agricultural [Member]
Impaired Loans [Abstract]
Unpaid principal balance	3,014		1,097
Recorded investment with no allowance	3,014		1,097
Recorded investment with an allowance	0		0
Total recorded investment	3,014		1,097
Related allowance	0		0
Average recorded investment	1,832	1,562
Interest income recognized	57	33
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	1,012
Consumer [Member]
Impaired Loans [Abstract]
Unpaid principal balance	289		5
Recorded investment with no allowance	289		0
Recorded investment with an allowance	0		0
Total recorded investment	289		0
Related allowance	0		$ 0
Average recorded investment	193	32
Interest income recognized	$ 5	$ 0

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses, Information Regarding Nonperforming Assets (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Loans and Allowance for Loan Losses [Abstract]
Nonaccrual loans		$ 2,470	$ 2,615
Troubled-debt restructurings	[1]	1,012	0
Accruing loans 90 or more days past due		1,097	0
Total nonperforming loans		4,579	2,615
Troubled Debt Restructurings [Abstract]
TDR's loans impaired		2,900	0
Commercial & Industrial [Member]
Loans and Allowance for Loan Losses [Abstract]
Accruing loans 90 or more days past due		0	0
Troubled Debt Restructurings [Abstract]
TDR's loans impaired		$ 2,350	$ 501
[1]	$2.35 million and $501,000 of TDRs as of March 31, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above.

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Premises and equipment [Abstract]
Gross premises and equipment	$ 11,450	$ 10,790
Less accumulated depreciation	(3,161)	(3,037)
Net premises and equipment	8,289	7,753
Land, Buildings and Improvements [Member]
Premises and equipment [Abstract]
Gross premises and equipment	8,879	8,414
Furniture and Equipment [Member]
Premises and equipment [Abstract]
Gross premises and equipment	1,773	1,654
Automobiles [Member]
Premises and equipment [Abstract]
Gross premises and equipment	$ 798	$ 722

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Intangible Assets, Gross [Abstract]
Amortization expense	$ 52	$ 52
Estimated Amortization Expenses [Abstract]
2019	154
2020	206
2021	206
2022	206
2023	160
Total	932
Core Deposit Intangible [Member]
Intangible Assets, Gross [Abstract]
Gross Carrying Amount	2,061		$ 2,061
Accumulated Amortization	$ (1,129)		$ (1,077)

Interest-Bearing Deposits (Deta

Interest-Bearing Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Interest-Bearing Deposits [Abstract]
Interest bearing time deposits in denominations of $250,000 or more	$ 60,100	$ 58,200
Scheduled maturities of interest-bearing time deposits [Abstract]
2019	138,632
2020	61,774
2021	4,915
Thereafter	3,642
Time Deposits	208,963
CDARS deposits	$ 56,000	$ 32,500

Letters of Credit (Details)

Letters of Credit (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Letters of Credit [Abstract]
Outstanding letters of credit	$ 1,500	$ 1,500
Loans pledged as collateral	$ 69,900

Advances and Borrowings (Detail

Advances and Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Advances and Borrowings [Abstract]
Maximum borrowing capacity	$ 68,400
Advances from FHLB	$ 0	$ 0

Regulatory Matters, Actual Capi

Regulatory Matters, Actual Capital Amounts and Ratios (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Regulatory Matters [Abstract]
Total capital (to risk-weighted assets), actual amount	$ 98,815	$ 93,704
Total capital (to risk-weighted assets), actual ratio	17.36%	16.03%
Total capital (to risk-weighted assets), minimum capital requirements amount	$ 45,527	$ 46,751
Total capital (to risk-weighted assets), minimum capital requirements ratio	8.00%	8.00%
Total capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action amount	$ 56,909	$ 58,439
Total capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action ratio	10.00%	10.00%
Tier I capital (to risk-weighted assets), actual amount	$ 91,693	$ 86,393
Tier I capital (to risk-weighted assets), actual ratio	16.11%	14.78%
Tier I capital (to risk-weighted assets), minimum capital requirements amount	$ 34,145	$ 35,063
Tier I capital (to risk-weighted assets), minimum capital requirements ratio	6.00%	6.00%
Tier I capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action amount	$ 45,527	$ 46,751
Tier I capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action ratio	8.00%	8.00%
Common Equity Tier I capital (to risk-weighted assets), actual amount	$ 91,693	$ 86,393
Common Equity Tier I capital (to risk-weighted assets), actual ratio	16.11%	14.78%
Common Equity Tier I capital (to risk-weighted assets), minimum capital requirements amount	$ 25,609	$ 26,298
Common Equity Tier I capital (to risk-weighted assets), minimum capital requirements ratio	4.50%	4.50%
Common Equity Tier I capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action amount	$ 36,991	$ 37,985
Common Equity Tier I capital (to risk-weighted assets), minimum to be well capitalized under prompt corrective action ratio	6.50%	6.50%
Tier I capital (to average assets), actual amount	$ 91,693	$ 86,393
Tier I capital (to average assets), actual ratio	12.18%	11.26%
Tier I capital (to average assets), minimum capital requirements amount	$ 30,101	$ 30,684
Tier I capital (to average assets), minimum capital requirements ratio	4.00%	4.00%
Tier I capital (to average assets), minimum to be well capitalized under prompt corrective action amount	$ 37,626	$ 38,355
Tier I capital (to average assets), minimum to be well capitalized under prompt corrective action ratio	5.00%	5.00%

Regulatory Matters, Capital Con

Regulatory Matters, Capital Conservation Buffer (Details)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Capital Conservation Buffer [Abstract]
Capital conservation buffer		1.875%	1.25%	0.625%	0.00%
Minimum total capital plus capital conservation buffer		9.875%	9.25%	8.625%	8.00%
Minimum Tier 1 capital plus capital conservation buffer		7.875%	7.25%	6.625%	6.00%
Minimum Common Equity Tier 1 capital plus capital conservation buffer		6.375%	5.75%	5.125%	4.50%
Forecast [Member]
Capital Conservation Buffer [Abstract]
Capital conservation buffer	2.50%
Minimum total capital plus capital conservation buffer	10.50%
Minimum Tier 1 capital plus capital conservation buffer	8.50%
Minimum Common Equity Tier 1 capital plus capital conservation buffer	7.00%

Regulatory Matters, Payout Rest

Regulatory Matters, Payout Restrictions Based on Capital Conservation Buffer (Details) $ in Thousands	Mar. 31, 2019USD ($)
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Retained earnings available for dividend declaration	$ 37,300
Greater than 2.5% [Member]
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Maximum payout percentage		[1]
Less than or Equal to 2.5% and Greater than 1.875% [Member]
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Maximum payout percentage	60.00%
Less than or Equal to 1.875% and Greater than 1.25% [Member]
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Maximum payout percentage	40.00%
Less than or Equal to 1.25% and Greater than 0.625% [Member]
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Maximum payout percentage	20.00%
Less than or Equal to 0.625% [Member]
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Maximum payout percentage	0.00%
[1]	No payout limitations applies.

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Summary of Loans [Roll Forward]
Balance Beginning of the Period	$ 6,897	$ 6,684	$ 6,684
Additions	998		7,319
Collections/ Terminations	0		(7,106)
Balance End of the Period	7,895		$ 6,897
Haines Realty Investments Company, LLC [Member]
Sale of subsidiary [Abstract]
Lease expense	$ 46	$ 46

Employee Benefits (Details)

Employee Benefits (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Employee Benefits [Abstract]
Percentage of employee's compensation matched by company	5.00%
Defined benefit plan, employer contribution	$ 66	$ 50
Unearned stock-based compensation expense [Abstract]
Risk-free interest rate	2.69%
Dividend yield	2.20%
Stock price volatility	31.05%
Expected term	7 years 4 days
2018 Equity Incentive Plan [Member]
Share-based Compensation [Abstract]
Compensation expense related to the plan	$ 171
RSUs [Member]
Share-based Compensation [Abstract]
Unrecognized compensation expense	$ 2,220
Period for recognition of compensation cost not yet recognized	5 years
Restricted Stock Units [Roll Forward]
Outstanding, beginning of the period (in shares)	130,000
Shares granted (in shares)	0
Shares settled (in shares)	0
Shares vested (in shares)	0
Outstanding, end of the period (in shares)	130,000
Weighted Average Grant Date Fair Value [Abstract]
Outstanding, beginning of period (in dollars per share)	$ 19.09
Shares granted (in dollars per share)	0
Shares settled (in dollars per share)	0
Outstanding, end of period (in dollars per share)	$ 19.09
RSUs [Member] | IPO [Member]
Share-based Compensation [Abstract]
Vesting period	5 years
Stock Option [Member]
Share-based Compensation [Abstract]
Unrecognized compensation expense	$ 479
Period for recognition of compensation cost not yet recognized	4 years
Stock Option [Member] | IPO [Member]
Share-based Compensation [Abstract]
Vesting period	4 years
Stock Option [Member] | 2018 Equity Incentive Plan [Member]
Stock Option Activity [Roll Forward]
Outstanding at beginning of period (in shares)	150,000
Options granted (in shares)	15,000
Options exercised (in shares)	0
Options vested (in shares)	0
Outstanding at end of period (in shares)	165,000
Exercisable at end of period (in shares)	0
Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning of period (in dollars per share)	$ 19
Options granted (in dollars per share)	16.78
Options exercised (in dollars per share)	0
Outstanding at end of period (in dollars per share)	$ 18.80
Options, Additional Disclosures [Abstract]
Weighted average remaining contractual term, Outstanding	9 years 6 months 7 days
Weighted average remaining contractual term, Exercisable	0 years
Aggregate intrinsic value, Outstanding	$ 9
Aggregate intrinsic value, Exercisable	$ 0

Disclosures About Fair Value _3

Disclosures About Fair Value of Assets and Liabilities, Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Recurring Basis [Member]
Asset measured at fair value on recurring basis [Abstract]
Assets measured at fair value	$ 0	$ 0
Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	1,952	506
Foreclosed assets held for sale	110	110
Level 1 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	0	0
Foreclosed assets held for sale	0	0
Level 2 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	0	0
Foreclosed assets held for sale	0	0
Level 3 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	1,952	506
Foreclosed assets held for sale	$ 110	$ 110

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets and Liabilities, Quantitative Information (Details) - Nonrecurring Basis [Member] $ in Thousands	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	$ 1,952	$ 506
Foreclosed assets held for sale	110	110
Level 3 [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	1,952	506
Foreclosed assets held for sale	$ 110	$ 110
Level 3 [Member] | Appraisals from Comparable Properties [Member] | Estimated Cost to Sell [Member] | Minimum [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans, measurement input	0.03	0.07
Foreclosed assets held for sale, measurement input	0.07	0.07
Level 3 [Member] | Appraisals from Comparable Properties [Member] | Estimated Cost to Sell [Member] | Maximum [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans, measurement input	0.05	0.1
Foreclosed assets held for sale, measurement input	0.1	0.1

Disclosures About Fair Value _5

Disclosures About Fair Value of Assets and Liabilities, Financial Instruments not Recorded at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Carrying Amount [Member]
Financial Assets [Abstract]
Cash and due from banks	$ 156,149	$ 128,090
Interest-bearing time deposits in other banks	34,277	31,759
Loans, net of allowance	578,790	592,078
Mortgage loans held for sale	207	512
Nonmarketable equity securities	1,055	1,055
Interest receivable	4,249	4,538
Financial Liabilities [Abstract]
Deposits	686,676	675,903
Interest payable	505	461
Fair Value [Member]
Financial Assets [Abstract]
Cash and due from banks	156,149	128,090
Interest-bearing time deposits in other banks	34,277	31,758
Loans, net of allowance	578,743	592,399
Mortgage loans held for sale	207	512
Nonmarketable equity securities	1,055	1,055
Interest receivable	4,249	4,538
Financial Liabilities [Abstract]
Deposits	686,403	675,017
Interest payable	505	461
Fair Value [Member] | Level 1 [Member]
Financial Assets [Abstract]
Cash and due from banks	156,149	128,090
Interest-bearing time deposits in other banks	0	0
Loans, net of allowance	0	0
Mortgage loans held for sale	0	0
Nonmarketable equity securities	0	0
Interest receivable	0	0
Financial Liabilities [Abstract]
Deposits	0	0
Interest payable	0	0
Fair Value [Member] | Level 2 [Member]
Financial Assets [Abstract]
Cash and due from banks	0	0
Interest-bearing time deposits in other banks	34,277	31,758
Loans, net of allowance	576,791	591,893
Mortgage loans held for sale	207	512
Nonmarketable equity securities	1,055	1,055
Interest receivable	4,249	4,538
Financial Liabilities [Abstract]
Deposits	686,403	675,017
Interest payable	505	461
Fair Value [Member] | Level 3 [Member]
Financial Assets [Abstract]
Cash and due from banks	0	0
Interest-bearing time deposits in other banks	0	0
Loans, net of allowance	1,952	506
Mortgage loans held for sale	0	0
Nonmarketable equity securities	0	0
Interest receivable	0	0
Financial Liabilities [Abstract]
Deposits	0	0
Interest payable	$ 0	$ 0

Financial Instruments with Of_3

Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	$ 140,618	$ 136,093
Commitments to Extend Credit [Member]
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	139,579	135,015
Financial and Performance Standby Letters of Credit [Member]
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	$ 1,039	$ 1,078

Significant Estimates and Con_2

Significant Estimates and Concentrations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Significant Estimates of Loans [Abstract]
Outstanding balance	$ 588,160	$ 601,902
Hospitality Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	$ 23,800
Hospitality Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	23.00%
Outstanding balance	$ 137,400
Energy Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	$ 28,600
Energy Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	18.00%
Outstanding balance	$ 105,600

Operating Leases (Details)

Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating Leases [Abstract]
Rental expense	$ 152	$ 146
Non-Cancelable Operating Leases [Abstract]
2019	434
2020	581
2021	406
2022	174
Thereafter	128
Future minimum rental commitments	$ 1,723