Bank7 (BSVN) 10-Q 13 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 13, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Bank7 Corp.
Entity Central Index Key	0001746129
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
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	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 123,763	$ 128,090
Interest-bearing time deposits in other banks	32,632	31,759
Loans, net of allowance for loan losses of $7,836 and $7,832 at June 30, 2019 and December 31, 2018, respectively	623,614	592,078
Loans held for sale	8	512
Premises and equipment, net	8,757	7,753
Nonmarketable equity securities	1,069	1,055
Foreclosed assets held for sale	188	110
Goodwill and intangibles	1,892	1,995
Interest receivable and other assets	6,525	7,159
Total assets	798,448	770,511
Deposits
Noninterest-bearing	190,092	201,159
Interest-bearing	505,963	474,744
Total deposits	696,055	675,903
Income taxes payable	20	1,913
Interest payable and other liabilities	3,336	4,229
Total liabilities	699,411	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	80,604	80,275
Retained earnings	18,331	8,089
Total shareholders' equity	99,037	88,466
Total liabilities and shareholders' equity	798,448	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	Jun. 30, 2019	Dec. 31, 2018
Assets
Allowance for loan losses	$ 7,836	$ 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		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest Income
Loans, including fees	$ 12,101	$ 10,583	$ 23,723	$ 21,408
Interest-bearing time deposits in other banks	497	142	914	291
Interest-bearing deposits in other banks	468	412	1,006	778
Total interest income	13,066	11,137	25,643	22,477
Interest Expense
Deposits	2,483	1,640	4,707	3,059
Other borrowings	0	58	0	118
Total interest expense	2,483	1,698	4,707	3,177
Net Interest Income	10,583	9,439	20,936	19,300
Provision for Loan Losses	0	0	0	100
Net Interest Income After Provision for Loan Losses	10,583	9,439	20,936	19,200
Noninterest Income
Secondary market income	40	38	77	78
Service charges on deposit accounts	109	93	169	173
Other	146	355	272	499
Total noninterest income	295	486	518	750
Noninterest Expense
Salaries and employee benefits	2,365	1,845	4,536	3,995
Furniture and equipment	218	152	377	309
Occupancy	378	288	721	579
Data and item processing	276	235	538	468
Accounting, marketing and legal fees	142	110	289	144
Regulatory assessments	31	125	63	251
Advertising and public relations	92	163	278	350
Travel, lodging and entertainment	92	165	134	358
Other	454	463	867	768
Total noninterest expense	4,048	3,546	7,803	7,222
Income Before Taxes	6,830	6,379	13,651	12,728
Income tax expense	1,704	0	3,409	0
Net Income	$ 5,126	$ 6,379	$ 10,242	$ 12,728
Earnings per common share - basic (in dollars per share)	$ 0.50	$ 0.88	$ 1	$ 1.75
Earnings per common share - diluted (in dollars per share)	$ 0.50	$ 0.88	$ 1	$ 1.75
Weighted average common shares outstanding - basic (in shares)	10,187,500	7,287,500	10,187,500	7,287,500
Weighted average common shares outstanding - diluted (in shares)	10,192,649	7,287,500	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 (in shares) at Dec. 31, 2017	7,287,500
Balance at Dec. 31, 2017	$ 73	$ 6,987	$ 62,115
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			12,728	$ 12,728
Stock-based compensation expense		0
Cash distributions declared ($0.60 per share)			(4,350)
Balance (in shares) at Jun. 30, 2018	7,287,500
Balance at Jun. 30, 2018	$ 73	6,987	70,493	77,553
Balance (in shares) at Mar. 31, 2018	7,287,500
Balance at Mar. 31, 2018	$ 73	6,987	68,464
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			6,379	6,379
Stock-based compensation expense		0
Cash distributions declared ($0.60 per share)			(4,350)
Balance (in shares) at Jun. 30, 2018	7,287,500
Balance at Jun. 30, 2018	$ 73	6,987	70,493	77,553
Balance (in shares) at Dec. 31, 2018	10,187,500
Balance at Dec. 31, 2018	$ 102	80,275	8,089	88,466
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			10,242	10,242
Stock-based compensation expense		329
Cash distributions declared ($0.60 per share)			0
Balance (in shares) at Jun. 30, 2019	10,187,500
Balance at Jun. 30, 2019	$ 102	80,604	18,331	99,037
Balance (in shares) at Mar. 31, 2019	10,187,500
Balance at Mar. 31, 2019	$ 102	80,446	13,205
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			5,126	5,126
Stock-based compensation expense		158
Cash distributions declared ($0.60 per share)			0
Balance (in shares) at Jun. 30, 2019	10,187,500
Balance at Jun. 30, 2019	$ 102	$ 80,604	$ 18,331	$ 99,037

Unaudited Consolidated Statem_3

Unaudited Consolidated Statements of Shareholders' Equity (Parenthetical)	6 Months Ended
	Jun. 30, 2018$ / shares
Unaudited Consolidated Statements of Shareholders' Equity [Abstract]
Cash distributions declared per share (in dollars per share)	$ 0.60

Unaudited Consolidated Statem_4

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Operating Activities
Net income	$ 10,242	$ 12,728
Items not requiring (providing) cash
Depreciation and amortization	388	605
Provision for loan losses	0	100
Gain on sales of loans	(77)	(78)
Stock-based compensation expense	329	0
Cash receipts from the sale of loans originated for sale	4,590	3,058
Cash disbursements for loans originated for sale	(4,009)	(3,431)
Deferred income tax benefit	(85)	0
Changes in
Interest receivable and other assets	719	(351)
Interest payable and other liabilities	(2,786)	447
Net cash provided by operating activities	9,311	13,078
Investing Activities
Maturities of interest-bearing time deposits in other banks	10,120	497
Purchases of interest-bearing time deposits in other banks	(10,993)	(992)
Net change in loans	(31,614)	(26,354)
Purchases of premises and equipment	(1,289)	(182)
Purchase of nonmarketable equity securities	(14)	(4)
Net cash used in investing activities	(33,790)	(27,035)
Financing Activities
Net change in deposits	20,152	15,988
Repayment of borrowed funds	0	(800)
Cash distributions paid	0	(4,350)
Net cash provided by financing activities	20,152	10,838
Decrease in Cash and Due from Banks	(4,327)	(3,119)
Cash and Due from Banks, Beginning of Period	128,090	100,054
Cash and Due from Banks, End of Period	123,763	96,935
Supplemental Disclosure of Cash Flows Information
Interest paid	4,561	2,954
Income taxes paid	3,868	0
Supplemental Disclosures of Non-Cash Investing Activities
Foreclosed assets acquired in settlement of loans	$ 78	$ 50

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 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 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. Additionally, a modified retrospective transition approach is required for a leases existing at the earliest comparative period presented. 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. A tentative board decision was reached by the FASB at its July 17, 2019 meeting to delay the effective date of Topic 842 by one year for certain entities, including the Company. Issuance of a final ASU related to this decision is expected later in 2019. 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. The Company will adopt this ASU in the first quarter of 2022. A tentative board decision was reached by the FASB at its July 17, 2019 meeting to delay the effective date of Topic 326 by one year for certain entities, including the Company. Issuance of a final ASU related to this decision is expected later in 2019. 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	6 Months Ended
	Jun. 30, 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	6 Months Ended
	Jun. 30, 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 June 30, 2019 was $15.6 million.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 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 June 30, For the six months ended June 30, 2019 2018 2019 2018 (Dollars in thousands, except per share amounts) Numerator Net income $ 5,126 $ 6,379 $ 10,242 $ 12,728 Denominator Denominator for basic earnings per common share 10,187,500 7,287,500 10,187,500 7,287,500 Dilutive effect of stock compensation (1) 5,149 - - - Denominator for diluted earnings per share 10,192,649 7,287,500 10,187,500 7,287,500 Earnings per common share Basic $ 0.50 $ 0.88 $ 1.00 $ 1.75 Diluted $ 0.50 $ 0.88 $ 1.00 $ 1.75 (1) Nonqualified stock options outstanding of 163,000 and restricted stock units of 130,000 as of June 30, 2019 have not been included in diluted earnings per share for the six months ended June 30, 2019, and restricted stock units of 130,000 have not been included in diluted earnings per share for the three months ended June 30, 2019 because to do so would have been antidilutive for those periods.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 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 June 30, 2019 and December 31, 2018, are as follows (dollars in thousands): June 30, December 31, Construction & development $ 83,291 $ 87,267 1-4 family commercial 36,165 33,278 Commercial real estate - other 188,142 156,396 Total commercial real estate 307,598 276,941 Commercial & industrial 256,100 248,394 Agricultural 56,167 62,844 Consumer 13,093 13,723 Gross loans 632,958 601,902 Less allowance for loan losses (7,836 ) (7,832 ) Less deferred loan fees (1,508 ) (1,992 ) Net loans $ 623,614 $ 592,078 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the three months ended June 30, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Other Commercial & Industrial Agricultural Consumer Total June 30, 2019 Balance, beginning of period $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Charge-offs - - - - (10 ) - (10 ) Recoveries - 1 - 7 3 - 11 Net recoveries - 1 7 (7 ) - 1 Provision (credit) for loan losses (259 ) (5 ) 242 96 (58 ) (16 ) - Balance, end of period $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2018 Balance, beginning of period $ 1,465 $ 497 $ 1,556 $ 3,108 $ 872 $ 201 $ 7,699 Charge-offs - (25 ) - (6 ) - - (31 ) Recoveries - 2 2 29 - 1 34 Net recoveries - (23 ) 2 23 - 1 3 Provision (credit) for loan losses (182 ) (39 ) 414 (118 ) (64 ) (11 ) - Balance, end of period $ 1,283 $ 435 $ 1,972 $ 3,013 $ 808 $ 191 $ 7,702 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the six months ended June 30, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial Agricultural Consumer Total June 30, 2019 Balance, beginning of period $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Charge-offs - - - (4 ) (10 ) - (14 ) Recoveries - 2 - 13 3 - 18 Net charge-offs - 2 - 9 (7 ) - 4 Provision (credit) for loan losses (105 ) 13 294 (69 ) (116 ) (17 ) - Balance, end of period $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Construction & Development 1 - 4 Family Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2018 Balance, beginning of period $ 1,407 $ 431 $ 1,865 $ 2,779 $ 1,015 $ 157 $ 7,654 Charge-offs - (25 ) - (61 ) - - (86 ) Recoveries - 2 2 29 - 1 34 Net charge-offs - (23 ) 2 (32 ) - 1 (52 ) Provision (credit) for loan losses (124 ) 27 105 266 (207 ) 33 100 Balance, end of period $ 1,283 $ 435 $ 1,972 $ 3,013 $ 808 $ 191 $ 7,702 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2019 Allowance Balance Ending balance Individually evaluated for impairment $ - $ 3 $ 32 $ - $ - $ - $ 35 Collectively evaluated for impairment 1,031 445 2,297 3,171 695 162 7,801 Total $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Gross Loans Ending balance Individually evaluated for impairment $ - $ 8 $ 1,911 $ 5,309 $ 2,641 $ - $ 9,869 Collectively evaluated for impairment 83,291 36,157 186,231 250,791 53,526 13,093 623,089 Total $ 83,291 $ 36,165 $ 188,142 $ 256,100 $ 56,167 $ 13,093 $ 632,958 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 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 (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 June 30, 2019. The following table presents the credit risk profile of the Company’s loan portfolio based on internal rating category as of June 30, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial & Industrial Agricultural Consumer Total June 30, 2019 Grade 1 (Pass) $ 81,053 $ 35,463 $ 182,645 $ 216,425 $ 51,287 $ 13,093 $ 579,966 2 (Watch) 2,238 694 1,510 33,489 110 - 38,041 3 (Special Mention) - - 2,076 877 2,129 - 5,082 4 (Substandard) - 8 1,911 5,309 2,641 - 9,869 Total $ 83,291 $ 36,165 $ 188,142 $ 256,100 $ 56,167 $ 13,093 $ 632,958 Construction & 1 - 4 Family Commercial 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Past Due Total Loans 30–59 60–89 Greater than Total Current Total > 90 Days & June 30, 2019 Construction & development $ - $ - $ - $ - $ 83,291 $ 83,291 $ - 1 - 4 Family Real Estate 69 - 8 77 36,088 36,165 - Commercial Real Estate - other - - - - 188,142 188,142 - Commercial & industrial - - - - 256,100 256,100 - Agricultural 541 - 1,097 1,638 54,529 56,167 1,097 Consumer 99 - - 99 12,994 13,093 - Total $ 709 $ - $ 1,105 $ 1,814 $ 631,144 $ 632,958 $ 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Unpaid Balance Recorded Investment Recorded Investment Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three Months Ended Six Months Ended June 30, 2019 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 8 - 8 8 3 713 - 414 - Commercial Real Estate - other 1,911 - 1,911 1,911 32 1,335 33 1,147 66 Commercial & industrial 5,309 5,309 - 5,309 - 5,290 55 5,940 178 Agricultural 2,641 2,641 - 2,641 - 2,548 48 2,190 105 Consumer - - - - - 193 - 193 - Total $ 9,869 $ 7,950 $ 1,919 $ 9,869 $ 35 $ 10,079 $ 136 $ 9,884 $ 349 Three Months Ended Six Months Ended December 31, 2018 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 115 - 115 - 71 8 90 - Commercial Real Estate - other 1,990 1,506 484 1,990 32 414 144 500 18 Commercial & industrial 7,614 7,359 22 7,381 14 8,880 7 6,207 284 Agricultural 1,097 1,097 - 1,097 - 1,497 - 1,529 40 Consumer 5 - - - - 41 - 37 - Total $ 10,821 $ 10,077 $ 506 $ 10,583 $ 46 $ 10,903 $ 159 $ 8,363 $ 342 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 June 30, 2019, the Company had $321,000 of commercial loans, $1,911,000 of commercial real estate loans, and $674,000 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 There were no troubled-debt restructurings modified in the past three months that subsequently defaulted for the period ended June 30, 2019. The following table represents information regarding nonperforming assets at June 30, 2019 and December 31, 2018 (dollars in thousands): As of June 30, 2019 December 31, 2018 Nonaccrual loans $ 2,240 $ 2,615 Troubled-debt restructurings (1) 674 - Accruing loans 90 or more days past due 1,097 - Total nonperforming loans $ 4,011 $ 2,615 (1) $2.2 million and $501,000 of TDRs as of June 30, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2019
Regulatory Matters [Abstract]
Regulatory Matters	Note 6: Regulatory Matters The Company and Bank are subject to risk-based capital guidelines issued by the federal banking agencies. These guidelines are used to evaluate capital adequacy and involve both quantitative and qualitative evaluations of the Company’s and Bank’s assets, liabilities, and certain off-balance-sheet items calculated under regulatory practices. Failure to meet the minimum capital requirements can initiate certain mandatory or discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Management believes, as of June 30, 2019, that the Company and Bank met all capital adequacy requirements to which they are 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. The Company’s and 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 June 30, 2019 Total capital to risk-weighted assets Company $ 104,778 17.16 % $ 48,838 8.00 % N/A N/A Bank $ 104,609 17.16 % $ 48,755 8.00 % $ 60,944 10.00 % Tier I capital to risk-weighted assets Company $ 97,145 15.91 % $ 36,629 6.00 % N/A N/A Bank $ 96,988 15.91 % $ 36,566 6.00 % $ 48,755 8.00 % CET I capital to risk-weighted assets Company $ 97,145 15.91 % $ 27,471 4.50 % N/A N/A Bank $ 96,988 15.91 % $ 27,425 4.50 % $ 39,613 6.50 % Tier I capital to average assets Company $ 97,145 12.34 % $ 31,481 4.00 % N/A N/A Bank $ 96,988 12.35 % $ 31,407 4.00 % $ 39,258 5.00 % As of December 31, 2018 Total capital to risk-weighted assets Company $ 92,693 15.86 % $ 46,751 8.00 % N/A N/A Bank $ 93,704 16.03 % $ 46,751 8.00 % $ 58,439 10.00 % Tier I capital to risk-weighted assets Company $ 85,382 14.61 % $ 35,063 6.00 % N/A N/A Bank $ 86,393 14.78 % $ 35,063 6.00 % $ 46,751 8.00 % CET I capital to risk-weighted assets Company $ 85,382 14.61 % $ 26,298 4.50 % N/A N/A Bank $ 86,393 14.78 % $ 26,298 4.50 % $ 37,985 6.50 % Tier I capital to average assets Company $ 85,382 11.13 % $ 30,684 4.00 % N/A N/A Bank $ 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. 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 June 30, 2019, approximately $42.7 million of retained earnings was available for dividend declaration from the Bank without prior regulatory approval.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2019
Related-Party Transactions [Abstract]
Related-Party Transactions	Note 7: Related-Party Transactions At June 30, 2019 and December 31, 2018, the Company had loans outstanding to executive officers, directors, significant shareholders and their affiliates (related parties) approximating $6.2 million and $6.9 million, respectively. A summary of these loans is as follows (dollars in thousands): Balance Beginning of Additions Collections/ Terminations Balance End of For the six months ended June 30, 2019 $ 6,897 $ 2,613 $ (3,355 ) $ 6,155 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 June 30, 2019 and 2018, and $92,000 for the six months ended June 30, 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	6 Months Ended
	Jun. 30, 2019
Employee Benefits [Abstract]
Employee Benefits	Note 8: 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 June 30, 2019 and 2018 totaled $55,000 and $43,000, respectively. Employer contributions charged to expense for the six months ended June 30, 2019 and 2018 totaled $121,000 and $93,000, 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 and six month periods ended June 30, 2019 totaled $158,000 and $329,000, respectively. 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 Six Months Ended June 30, 2019 Outstanding at December 31, 2018 150,000 $ 19.00 Options Granted 20,500 16.98 Options Exercised - - Options Forfeited (7,500 ) 19.00 Outstanding at June 30, 2019 163,000 $ 18.75 9.29 $ 31 Exercisable at June 30, 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: Three Months Ended Six Months Ended Risk-free interest rate 2.44 % 2.48 % Dividend yield 2.20 % 2.20 % Stock price volatility 31.14 % 31.14 % Expected term 7.01 yrs 7.01 yrs The following table summarizes share information about RSUs for the six months ended June 30, 2019: Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2018 130,000 $ 19.09 Shares granted - - Shares settled - - Shares forfeited - - End of the period balance 130,000 $ 19.09 As of June 30, 2019, there was approximately $2.1 million of unrecognized compensation expense related to 130,000 unvested RSUs and $452,000 of unrecognized compensation expense related to 163,000 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 June 30, 2019, no RSUs or stock options were vested.

Disclosures About Fair Value of

Disclosures About Fair Value of Assets and Liabilities	6 Months Ended
	Jun. 30, 2019
Disclosures About Fair Value of Assets and Liabilities [Abstract]
Disclosures About Fair Value of Assets and Liabilities	Note 9: 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 June 30, 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) June 30, 2019 Impaired loans (collateral- dependent) $ 1,919 $ - $ - $ 1,919 Foreclosed assets held for sale $ 188 $ - $ - $ 188 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 Weighted- June 30, 2019 Collateral-dependent impaired loans $ 1,919 Appraisals from comparable properties Estimated cost to sell 3-5 % Foreclosed assets held for sale $ 188 Appraisals from comparable properties Estimated cost to sell 7-10 % December 31, 2018 Collateral-dependent impaired loans $ 506 Appraisals from comparable properties Estimated cost to sell 7-10 % Foreclosed assets held for sale $ 110 Appraisals from comparable properties 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total June 30, 2019 Financial Assets Cash and due from banks $ 123,763 $ 123,763 $ - $ - $ 123,763 Interest-bearing time deposits in other banks $ 32,632 $ - $ 32,631 $ - $ 32,631 Loans, net of allowance $ 623,614 $ - $ 621,399 $ 1,919 $ 623,318 Mortgage loans held for sale $ 8 $ - $ 8 $ - $ 8 Nonmarketable equity securities $ 1,069 $ - $ 1,069 $ - $ 1,069 Interest receivable $ 4,270 $ - $ 4,270 $ - $ 4,270 Financial Liabilities Deposits $ 696,055 $ - $ 696,015 $ - $ 696,015 Interest payable $ 607 $ - $ 607 $ - $ 607 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 June 30, 2019 or December 31, 2018.

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	6 Months Ended
	Jun. 30, 2019
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Financial Instruments with Off-Balance Sheet Risk	Note 10: 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 June 30, 2019 and December 31, 2018 (dollars in thousands): June 30, December 31, Commitments to extend credit $ 172,621 $ 135,015 Financial and performance standby letters of credit 2,003 1,078 $ 174,624 $ 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	6 Months Ended
	Jun. 30, 2019
Significant Estimates and Concentrations [Abstract]
Significant Estimates and Concentrations	Note 11: 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 10 As of June 30, 2019, hospitality loans were 22% of gross total loans with outstanding balances of $138.8 million and unfunded commitments of $29.2 million; energy loans were 19% of gross total loans with outstanding balances of $118.3 million and unfunded commitments of $28.5 million.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 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 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. Additionally, a modified retrospective transition approach is required for a leases existing at the earliest comparative period presented. 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. A tentative board decision was reached by the FASB at its July 17, 2019 meeting to delay the effective date of Topic 842 by one year for certain entities, including the Company. Issuance of a final ASU related to this decision is expected later in 2019. 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. The Company will adopt this ASU in the first quarter of 2022. A tentative board decision was reached by the FASB at its July 17, 2019 meeting to delay the effective date of Topic 326 by one year for certain entities, including the Company. Issuance of a final ASU related to this decision is expected later in 2019. 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)	6 Months Ended
	Jun. 30, 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 June 30, For the six months ended June 30, 2019 2018 2019 2018 (Dollars in thousands, except per share amounts) Numerator Net income $ 5,126 $ 6,379 $ 10,242 $ 12,728 Denominator Denominator for basic earnings per common share 10,187,500 7,287,500 10,187,500 7,287,500 Dilutive effect of stock compensation (1) 5,149 - - - Denominator for diluted earnings per share 10,192,649 7,287,500 10,187,500 7,287,500 Earnings per common share Basic $ 0.50 $ 0.88 $ 1.00 $ 1.75 Diluted $ 0.50 $ 0.88 $ 1.00 $ 1.75 (1) Nonqualified stock options outstanding of 163,000 and restricted stock units of 130,000 as of June 30, 2019 have not been included in diluted earnings per share for the six months ended June 30, 2019, and restricted stock units of 130,000 have not been included in diluted earnings per share for the three months ended June 30, 2019 because to do so would have been antidilutive for those periods.

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2019
Loans and Allowance for Loan Losses [Abstract]
Summary of Loans	A summary of loans at June 30, 2019 and December 31, 2018, are as follows (dollars in thousands): June 30, December 31, Construction & development $ 83,291 $ 87,267 1-4 family commercial 36,165 33,278 Commercial real estate - other 188,142 156,396 Total commercial real estate 307,598 276,941 Commercial & industrial 256,100 248,394 Agricultural 56,167 62,844 Consumer 13,093 13,723 Gross loans 632,958 601,902 Less allowance for loan losses (7,836 ) (7,832 ) Less deferred loan fees (1,508 ) (1,992 ) Net loans $ 623,614 $ 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 June 30, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Other Commercial & Industrial Agricultural Consumer Total June 30, 2019 Balance, beginning of period $ 1,290 $ 452 $ 2,087 $ 3,068 $ 760 $ 178 $ 7,835 Charge-offs - - - - (10 ) - (10 ) Recoveries - 1 - 7 3 - 11 Net recoveries - 1 7 (7 ) - 1 Provision (credit) for loan losses (259 ) (5 ) 242 96 (58 ) (16 ) - Balance, end of period $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2018 Balance, beginning of period $ 1,465 $ 497 $ 1,556 $ 3,108 $ 872 $ 201 $ 7,699 Charge-offs - (25 ) - (6 ) - - (31 ) Recoveries - 2 2 29 - 1 34 Net recoveries - (23 ) 2 23 - 1 3 Provision (credit) for loan losses (182 ) (39 ) 414 (118 ) (64 ) (11 ) - Balance, end of period $ 1,283 $ 435 $ 1,972 $ 3,013 $ 808 $ 191 $ 7,702 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the six months ended June 30, 2019 and 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial Agricultural Consumer Total June 30, 2019 Balance, beginning of period $ 1,136 $ 433 $ 2,035 $ 3,231 $ 818 $ 179 $ 7,832 Charge-offs - - - (4 ) (10 ) - (14 ) Recoveries - 2 - 13 3 - 18 Net charge-offs - 2 - 9 (7 ) - 4 Provision (credit) for loan losses (105 ) 13 294 (69 ) (116 ) (17 ) - Balance, end of period $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Construction & Development 1 - 4 Family Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2018 Balance, beginning of period $ 1,407 $ 431 $ 1,865 $ 2,779 $ 1,015 $ 157 $ 7,654 Charge-offs - (25 ) - (61 ) - - (86 ) Recoveries - 2 2 29 - 1 34 Net charge-offs - (23 ) 2 (32 ) - 1 (52 ) Provision (credit) for loan losses (124 ) 27 105 266 (207 ) 33 100 Balance, end of period $ 1,283 $ 435 $ 1,972 $ 3,013 $ 808 $ 191 $ 7,702 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total June 30, 2019 Allowance Balance Ending balance Individually evaluated for impairment $ - $ 3 $ 32 $ - $ - $ - $ 35 Collectively evaluated for impairment 1,031 445 2,297 3,171 695 162 7,801 Total $ 1,031 $ 448 $ 2,329 $ 3,171 $ 695 $ 162 $ 7,836 Gross Loans Ending balance Individually evaluated for impairment $ - $ 8 $ 1,911 $ 5,309 $ 2,641 $ - $ 9,869 Collectively evaluated for impairment 83,291 36,157 186,231 250,791 53,526 13,093 623,089 Total $ 83,291 $ 36,165 $ 188,142 $ 256,100 $ 56,167 $ 13,093 $ 632,958 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Construction & Development 1 - 4 Family Commercial Commercial & Industrial Agricultural Consumer Total June 30, 2019 Grade 1 (Pass) $ 81,053 $ 35,463 $ 182,645 $ 216,425 $ 51,287 $ 13,093 $ 579,966 2 (Watch) 2,238 694 1,510 33,489 110 - 38,041 3 (Special Mention) - - 2,076 877 2,129 - 5,082 4 (Substandard) - 8 1,911 5,309 2,641 - 9,869 Total $ 83,291 $ 36,165 $ 188,142 $ 256,100 $ 56,167 $ 13,093 $ 632,958 Construction & 1 - 4 Family Commercial 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Past Due Total Loans 30–59 60–89 Greater than Total Current Total > 90 Days & June 30, 2019 Construction & development $ - $ - $ - $ - $ 83,291 $ 83,291 $ - 1 - 4 Family Real Estate 69 - 8 77 36,088 36,165 - Commercial Real Estate - other - - - - 188,142 188,142 - Commercial & industrial - - - - 256,100 256,100 - Agricultural 541 - 1,097 1,638 54,529 56,167 1,097 Consumer 99 - - 99 12,994 13,093 - Total $ 709 $ - $ 1,105 $ 1,814 $ 631,144 $ 632,958 $ 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Unpaid Balance Recorded Investment Recorded Investment Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three Months Ended Six Months Ended June 30, 2019 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 8 - 8 8 3 713 - 414 - Commercial Real Estate - other 1,911 - 1,911 1,911 32 1,335 33 1,147 66 Commercial & industrial 5,309 5,309 - 5,309 - 5,290 55 5,940 178 Agricultural 2,641 2,641 - 2,641 - 2,548 48 2,190 105 Consumer - - - - - 193 - 193 - Total $ 9,869 $ 7,950 $ 1,919 $ 9,869 $ 35 $ 10,079 $ 136 $ 9,884 $ 349 Three Months Ended Six Months Ended December 31, 2018 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate 115 115 - 115 - 71 8 90 - Commercial Real Estate - other 1,990 1,506 484 1,990 32 414 144 500 18 Commercial & industrial 7,614 7,359 22 7,381 14 8,880 7 6,207 284 Agricultural 1,097 1,097 - 1,097 - 1,497 - 1,529 40 Consumer 5 - - - - 41 - 37 - Total $ 10,821 $ 10,077 $ 506 $ 10,583 $ 46 $ 10,903 $ 159 $ 8,363 $ 342
Information Regarding Nonperforming Assets	The following table represents information regarding nonperforming assets at June 30, 2019 and December 31, 2018 (dollars in thousands): As of June 30, 2019 December 31, 2018 Nonaccrual loans $ 2,240 $ 2,615 Troubled-debt restructurings (1) 674 - Accruing loans 90 or more days past due 1,097 - Total nonperforming loans $ 4,011 $ 2,615 (1) $2.2 million and $501,000 of TDRs as of June 30, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2019
Regulatory Matters [Abstract]
Actual Capital Amounts and Ratios	The Company’s and 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 June 30, 2019 Total capital to risk-weighted assets Company $ 104,778 17.16 % $ 48,838 8.00 % N/A N/A Bank $ 104,609 17.16 % $ 48,755 8.00 % $ 60,944 10.00 % Tier I capital to risk-weighted assets Company $ 97,145 15.91 % $ 36,629 6.00 % N/A N/A Bank $ 96,988 15.91 % $ 36,566 6.00 % $ 48,755 8.00 % CET I capital to risk-weighted assets Company $ 97,145 15.91 % $ 27,471 4.50 % N/A N/A Bank $ 96,988 15.91 % $ 27,425 4.50 % $ 39,613 6.50 % Tier I capital to average assets Company $ 97,145 12.34 % $ 31,481 4.00 % N/A N/A Bank $ 96,988 12.35 % $ 31,407 4.00 % $ 39,258 5.00 % As of December 31, 2018 Total capital to risk-weighted assets Company $ 92,693 15.86 % $ 46,751 8.00 % N/A N/A Bank $ 93,704 16.03 % $ 46,751 8.00 % $ 58,439 10.00 % Tier I capital to risk-weighted assets Company $ 85,382 14.61 % $ 35,063 6.00 % N/A N/A Bank $ 86,393 14.78 % $ 35,063 6.00 % $ 46,751 8.00 % CET I capital to risk-weighted assets Company $ 85,382 14.61 % $ 26,298 4.50 % N/A N/A Bank $ 86,393 14.78 % $ 26,298 4.50 % $ 37,985 6.50 % Tier I capital to average assets Company $ 85,382 11.13 % $ 30,684 4.00 % N/A N/A Bank $ 86,393 11.26 % $ 30,684 4.00 % $ 38,355 5.00 % 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)	6 Months Ended
	Jun. 30, 2019
Related-Party Transactions [Abstract]
Summary of Loans	A summary of these loans is as follows (dollars in thousands): Balance Beginning of Additions Collections/ Terminations Balance End of For the six months ended June 30, 2019 $ 6,897 $ 2,613 $ (3,355 ) $ 6,155 Year ended December 31, 2018 $ 6,684 $ 7,319 $ (7,106 ) $ 6,897

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Jun. 30, 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 Six Months Ended June 30, 2019 Outstanding at December 31, 2018 150,000 $ 19.00 Options Granted 20,500 16.98 Options Exercised - - Options Forfeited (7,500 ) 19.00 Outstanding at June 30, 2019 163,000 $ 18.75 9.29 $ 31 Exercisable at June 30, 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: Three Months Ended Six Months Ended Risk-free interest rate 2.44 % 2.48 % Dividend yield 2.20 % 2.20 % Stock price volatility 31.14 % 31.14 % Expected term 7.01 yrs 7.01 yrs
Restricted Stock Units	The following table summarizes share information about RSUs for the six months ended June 30, 2019: Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2018 130,000 $ 19.09 Shares granted - - Shares settled - - Shares forfeited - - End of the period balance 130,000 $ 19.09

Disclosures About Fair Value _2

Disclosures About Fair Value of Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) June 30, 2019 Impaired loans (collateral- dependent) $ 1,919 $ - $ - $ 1,919 Foreclosed assets held for sale $ 188 $ - $ - $ 188 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 Weighted- June 30, 2019 Collateral-dependent impaired loans $ 1,919 Appraisals from comparable properties Estimated cost to sell 3-5 % Foreclosed assets held for sale $ 188 Appraisals from comparable properties Estimated cost to sell 7-10 % December 31, 2018 Collateral-dependent impaired loans $ 506 Appraisals from comparable properties Estimated cost to sell 7-10 % Foreclosed assets held for sale $ 110 Appraisals from comparable properties 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 June 30, 2019 and December 31, 2018 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total June 30, 2019 Financial Assets Cash and due from banks $ 123,763 $ 123,763 $ - $ - $ 123,763 Interest-bearing time deposits in other banks $ 32,632 $ - $ 32,631 $ - $ 32,631 Loans, net of allowance $ 623,614 $ - $ 621,399 $ 1,919 $ 623,318 Mortgage loans held for sale $ 8 $ - $ 8 $ - $ 8 Nonmarketable equity securities $ 1,069 $ - $ 1,069 $ - $ 1,069 Interest receivable $ 4,270 $ - $ 4,270 $ - $ 4,270 Financial Liabilities Deposits $ 696,055 $ - $ 696,015 $ - $ 696,015 Interest payable $ 607 $ - $ 607 $ - $ 607 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)	6 Months Ended
	Jun. 30, 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 June 30, 2019 and December 31, 2018 (dollars in thousands): June 30, December 31, Commitments to extend credit $ 172,621 $ 135,015 Financial and performance standby letters of credit 2,003 1,078 $ 174,624 $ 136,093

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	Jun. 30, 2019USD ($)$ / sharesshares	Jun. 30, 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)			$ (85)	$ 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	Jun. 30, 2019USD ($)
Restriction on Cash and Due from Banks [Abstract]
Reserve funds to be maintained with Federal Reserve Bank	$ 15,600

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Numerator [Abstract]
Net income		$ 5,126	$ 6,379	$ 10,242	$ 12,728
Denominator [Abstract]
Denominator for basic earnings per common share (in shares)		10,187,500	7,287,500	10,187,500	7,287,500
Dilutive effect of stock compensation (in shares)	[1]	5,149	0	0	0
Denominator for diluted earnings per share (in shares)		10,192,649	7,287,500	10,187,500	7,287,500
Earnings per common share [Abstract]
Basic (in dollars per share)		$ 0.50	$ 0.88	$ 1	$ 1.75
Diluted (in dollars per share)		$ 0.50	$ 0.88	$ 1	$ 1.75
Stock Option [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)				163,000
Restricted Stock [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)		130,000		130,000
[1]	Nonqualified stock options outstanding of 163,000 and restricted stock units of 130,000 as of June 30, 2019 have not been included in diluted earnings per share for the six months ended June 30, 2019, and restricted stock units of 130,000 have not been included in diluted earnings per share for the three months ended June 30, 2019 because to do so would have been antidilutive for those periods.

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses, Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Summary of loans [Abstract]
Gross loans	$ 632,958		$ 601,902
Less allowance for loan losses	(7,836)	$ (7,835)	(7,832)	$ (7,702)	$ (7,699)	$ (7,654)
Less deferred loan fees	(1,508)		(1,992)
Net loans	623,614		592,078
Construction & Development [Member]
Summary of loans [Abstract]
Gross loans	83,291		87,267
Less allowance for loan losses	(1,031)	(1,290)	(1,136)	(1,283)	(1,465)	(1,407)
1-4 Family Commercial [Member]
Summary of loans [Abstract]
Gross loans	36,165		33,278
Less allowance for loan losses	(448)	(452)	(433)	(435)	(497)	(431)
Commercial Real Estate - Other [Member]
Summary of loans [Abstract]
Gross loans	188,142		156,396
Less allowance for loan losses	(2,329)	(2,087)	(2,035)	(1,972)	(1,556)	(1,865)
Commercial Real Estate [Member]
Summary of loans [Abstract]
Gross loans	307,598		276,941
Commercial & Industrial [Member]
Summary of loans [Abstract]
Gross loans	256,100		248,394
Less allowance for loan losses	(3,171)	(3,068)	(3,231)	(3,013)	(3,108)	(2,779)
Agricultural [Member]
Summary of loans [Abstract]
Gross loans	56,167		62,844
Less allowance for loan losses	(695)	(760)	(818)	(808)	(872)	(1,015)
Consumer [Member]
Summary of loans [Abstract]
Gross loans	13,093		13,723
Less allowance for loan losses	$ (162)	$ (178)	$ (179)	$ (191)	$ (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		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	$ 7,835	$ 7,699	$ 7,832	$ 7,654
Charge-offs	(10)	(31)	(14)	(86)
Recoveries	11	34	18	34
Net recoveries (charge-offs)	1	3	4	(52)
Provision (credit) for loan losses	0	0	0	100
Balance, end of period	7,836	7,702	7,836	7,702
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					$ 35	$ 46
Ending balance, Collectively evaluated for impairment					7,801	7,786
Total	7,836	7,699	7,832	7,654	7,836	7,832
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					9,869	9,077
Ending balance, Collectively evaluated for impairment					623,089	592,825
Total					632,958	601,902
Construction & Development [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	1,290	1,465	1,136	1,407
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net recoveries (charge-offs)	0	0	0	0
Provision (credit) for loan losses	(259)	(182)	(105)	(124)
Balance, end of period	1,031	1,283	1,031	1,283
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					0	0
Ending balance, Collectively evaluated for impairment					1,031	1,136
Total	1,290	1,465	1,136	1,407	1,031	1,136
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					0	0
Ending balance, Collectively evaluated for impairment					83,291	87,267
Total					83,291	87,267
1-4 Family Commercial [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	452	497	433	431
Charge-offs	0	(25)	0	(25)
Recoveries	1	2	2	2
Net recoveries (charge-offs)	1	(23)	2	(23)
Provision (credit) for loan losses	(5)	(39)	13	27
Balance, end of period	448	435	448	435
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					3	0
Ending balance, Collectively evaluated for impairment					445	433
Total	452	497	433	431	448	433
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					8	115
Ending balance, Collectively evaluated for impairment					36,157	33,163
Total					36,165	33,278
Commercial Real Estate - Other [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	2,087	1,556	2,035	1,865
Charge-offs	0	0	0	0
Recoveries	0	2	0	2
Net recoveries (charge-offs)		2	0	2
Provision (credit) for loan losses	242	414	294	105
Balance, end of period	2,329	1,972	2,329	1,972
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					32	32
Ending balance, Collectively evaluated for impairment					2,297	2,003
Total	2,087	1,556	2,035	1,865	2,329	2,035
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					1,911	484
Ending balance, Collectively evaluated for impairment					186,231	155,912
Total					188,142	156,396
Commercial & Industrial [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	3,068	3,108	3,231	2,779
Charge-offs	0	(6)	(4)	(61)
Recoveries	7	29	13	29
Net recoveries (charge-offs)	7	23	9	(32)
Provision (credit) for loan losses	96	(118)	(69)	266
Balance, end of period	3,171	3,013	3,171	3,013
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					0	14
Ending balance, Collectively evaluated for impairment					3,171	3,217
Total	3,068	3,108	3,231	2,779	3,171	3,231
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					5,309	7,381
Ending balance, Collectively evaluated for impairment					250,791	241,013
Total					256,100	248,394
Agricultural [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	760	872	818	1,015
Charge-offs	(10)	0	(10)	0
Recoveries	3	0	3	0
Net recoveries (charge-offs)	(7)	0	(7)	0
Provision (credit) for loan losses	(58)	(64)	(116)	(207)
Balance, end of period	695	808	695	808
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					0	0
Ending balance, Collectively evaluated for impairment					695	818
Total	760	872	818	1,015	695	818
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					2,641	1,097
Ending balance, Collectively evaluated for impairment					53,526	61,747
Total					56,167	62,844
Consumer [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	178	201	179	157
Charge-offs	0	0	0	0
Recoveries	0	1	0	1
Net recoveries (charge-offs)	0	1	0	1
Provision (credit) for loan losses	(16)	(11)	(17)	33
Balance, end of period	162	191	162	191
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment					0	0
Ending balance, Collectively evaluated for impairment					162	179
Total	$ 178	$ 201	$ 179	$ 157	162	179
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment					0	0
Ending balance, Collectively evaluated for impairment					13,093	13,723
Total					$ 13,093	$ 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	Jun. 30, 2019	Dec. 31, 2018
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	$ 632,958	$ 601,902
1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	579,966	544,956
2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	38,041	44,662
3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	5,082	3,207
4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	9,869	9,077
Construction & Development [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	83,291	87,267
Construction & Development [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	81,053	84,485
Construction & Development [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,238	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	36,165	33,278
1-4 Family Commercial [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	35,463	29,942
1-4 Family Commercial [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	694	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	8	115
Commercial Real Estate - Other [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	188,142	156,396
Commercial Real Estate - Other [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	182,645	154,353
Commercial Real Estate - Other [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	1,510	1,559
Commercial Real Estate - Other [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,076	0
Commercial Real Estate - Other [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	1,911	484
Commercial & Industrial [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	256,100	248,394
Commercial & Industrial [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	216,425	204,671
Commercial & Industrial [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	33,489	36,342
Commercial & Industrial [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	877	0
Commercial & Industrial [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	5,309	7,381
Agricultural [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	56,167	62,844
Agricultural [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	51,287	57,782
Agricultural [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	110	758
Agricultural [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,129	3,207
Agricultural [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	2,641	1,097
Consumer [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	13,093	13,723
Consumer [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	13,093	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	$ 0	$ 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	Jun. 30, 2019	Dec. 31, 2018
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	$ 1,814	$ 54
Current	631,144	601,848
Total	632,958	601,902
Total Loans > 90 Days & Accruing	1,097	0
30-59 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	709	49
60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	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	83,291	87,267
Total	83,291	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	77	8
Current	36,088	33,270
Total	36,165	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	69	8
1-4 Family Commercial [Member] | 60-89 Days [Member]
Loan Portfolio Aging Analysis of Recorded Investment [Abstract]
Past due	0	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	188,142	156,396
Total	188,142	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	256,100	248,389
Total	256,100	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	1,638	0
Current	54,529	62,844
Total	56,167	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	541	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	99	41
Current	12,994	13,682
Total	13,093	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	99	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		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Impaired Loans [Abstract]
Unpaid principal balance	$ 9,869		$ 9,869		$ 10,821
Recorded investment with no allowance	7,950		7,950		10,077
Recorded investment with an allowance	1,919		1,919		506
Total recorded investment	9,869		9,869		10,583
Related allowance	35		35		46
Average recorded investment	10,079	$ 10,903	9,884	$ 8,363
Interest income recognized	136	159	349	342
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	2,900		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		0
Recorded investment with no allowance	0		0		0
Recorded investment with an allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0
Interest income recognized	0	0	0	0
Commercial Loan [Member]
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	321		321		501
1-4 Family Commercial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	8		8		115
Recorded investment with no allowance	0		0		115
Recorded investment with an allowance	8		8		0
Total recorded investment	8		8		115
Related allowance	3		3		0
Average recorded investment	713	71	414	90
Interest income recognized	0	8	0	0
Commercial Real Estate - Other [Member]
Impaired Loans [Abstract]
Unpaid principal balance	1,911		1,911		1,990
Recorded investment with no allowance	0		0		1,506
Recorded investment with an allowance	1,911		1,911		484
Total recorded investment	1,911		1,911		1,990
Related allowance	32		32		32
Average recorded investment	1,335	414	1,147	500
Interest income recognized	33	144	66	18
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	1,911		1,911
Commercial & Industrial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	5,309		5,309		7,614
Recorded investment with no allowance	5,309		5,309		7,359
Recorded investment with an allowance	0		0		22
Total recorded investment	5,309		5,309		7,381
Related allowance	0		0		14
Average recorded investment	5,290	8,880	5,940	6,207
Interest income recognized	55	7	178	284
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	2,200		2,200		501
Agricultural [Member]
Impaired Loans [Abstract]
Unpaid principal balance	2,641		2,641		1,097
Recorded investment with no allowance	2,641		2,641		1,097
Recorded investment with an allowance	0		0		0
Total recorded investment	2,641		2,641		1,097
Related allowance	0		0		0
Average recorded investment	2,548	1,497	2,190	1,529
Interest income recognized	48	0	105	40
Troubled Debt Restructurings [Abstract]
TDR's loans impaired	674		674
Consumer [Member]
Impaired Loans [Abstract]
Unpaid principal balance	0		0		5
Recorded investment with no allowance	0		0		0
Recorded investment with an allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		$ 0
Average recorded investment	193	41	193	37
Interest income recognized	$ 0	$ 0	$ 0	$ 0

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses, Information Regarding Nonperforming Assets (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Loans and Allowance for Loan Losses [Abstract]
Nonaccrual loans		$ 2,240	$ 2,615
Troubled-debt restructurings	[1]	674	0
Accruing loans 90 or more days past due		1,097	0
Total nonperforming loans		4,011	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		$ 2,200	$ 501
[1]	$2.2 million and $501,000 of TDRs as of June 30, 2019 and December 31, 2018, respectively, are included in the nonaccrual loans balance in the line above

Regulatory Matters, Actual Capi

Regulatory Matters, Actual Capital Amounts and Ratios (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk-weighted assets, actual amount	$ 104,778	$ 92,693
Total capital to risk-weighted assets, actual ratio	17.16%	15.86%
Total capital to risk-weighted assets, minimum capital requirements amount	$ 48,838	$ 46,751
Total capital to risk-weighted assets, minimum capital requirements ratio	8.00%	8.00%
Tier I capital to risk-weighted assets, actual amount	$ 97,145	$ 85,382
Tier I capital to risk-weighted assets, actual ratio	15.91%	14.61%
Tier I capital to risk-weighted assets, minimum capital requirements amount	$ 36,629	$ 35,063
Tier I capital to risk-weighted assets, minimum capital requirements ratio	6.00%	6.00%
CET I capital to risk-weighted assets, actual amount	$ 97,145	$ 85,382
CET I capital to risk-weighted assets, actual ratio	15.91%	14.61%
CET I capital to risk-weighted assets, minimum capital requirements amount	$ 27,471	$ 26,298
CET I capital to risk-weighted assets, minimum capital requirements ratio	4.50%	4.50%
Tier I capital to average assets, actual amount	$ 97,145	$ 85,382
Tier I capital to average assets, actual ratio	12.34%	11.13%
Tier I capital to average assets, minimum capital requirements amount	$ 31,481	$ 30,684
Tier I capital to average assets, minimum capital requirements ratio	4.00%	4.00%
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk-weighted assets, actual amount	$ 104,609	$ 93,704
Total capital to risk-weighted assets, actual ratio	17.16%	16.03%
Total capital to risk-weighted assets, minimum capital requirements amount	$ 48,755	$ 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	$ 60,944	$ 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	$ 96,988	$ 86,393
Tier I capital to risk-weighted assets, actual ratio	15.91%	14.78%
Tier I capital to risk-weighted assets, minimum capital requirements amount	$ 36,566	$ 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	$ 48,755	$ 46,751
Tier I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action ratio	8.00%	8.00%
CET I capital to risk-weighted assets, actual amount	$ 96,988	$ 86,393
CET I capital to risk-weighted assets, actual ratio	15.91%	14.78%
CET I capital to risk-weighted assets, minimum capital requirements amount	$ 27,425	$ 26,298
CET I capital to risk-weighted assets, minimum capital requirements ratio	4.50%	4.50%
CET I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action amount	$ 39,613	$ 37,985
CET 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	$ 96,988	$ 86,393
Tier I capital to average assets, actual ratio	12.35%	11.26%
Tier I capital to average assets, minimum capital requirements amount	$ 31,407	$ 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	$ 39,258	$ 38,355
Tier I capital to average assets, minimum to be well capitalized under prompt corrective action ratio	5.00%	5.00%

Regulatory Matters, Payout Rest

Regulatory Matters, Payout Restrictions Based on Capital Conservation Buffer (Details) $ in Thousands	Jun. 30, 2019USD ($)
Payout Restrictions Based on Capital Conservation Buffer [Abstract]
Retained earnings available for dividend declaration	$ 42,700
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		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Summary of Loans [Roll Forward]
Balance Beginning of the Period			$ 6,897	$ 6,684	$ 6,684
Additions			2,613		7,319
Collections/ Terminations			(3,355)		(7,106)
Balance End of the Period	$ 6,155		6,155		$ 6,897
Haines Realty Investments Company, LLC [Member]
Sale of subsidiary [Abstract]
Lease expense	$ 46	$ 46	$ 92	$ 92

Employee Benefits (Details)

Employee Benefits (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Employee Benefits [Abstract]
Percentage of employee's compensation matched by company			5.00%
Defined benefit plan, employer contribution	$ 55	$ 43	$ 121	$ 93
2018 Equity Incentive Plan [Member]
Share-based Compensation [Abstract]
Compensation expense related to the plan	$ 158		$ 329
Unearned stock-based compensation expense [Abstract]
Risk-free interest rate	2.44%		2.48%
Dividend yield	2.20%		2.20%
Stock price volatility	31.14%		31.14%
Expected term	7 years 4 days		7 years 4 days
RSUs [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation [Abstract]
Vesting period			5 years
Unrecognized compensation expense	$ 2,100		$ 2,100
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 forfeited (in shares)			0
Shares vested (in shares)			0
Outstanding, end of the period (in shares)	130,000		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
Shares forfeited (in dollars per share)			0
Outstanding, end of period (in dollars per share)	$ 19.09		$ 19.09
Stock Option [Member] | 2018 Equity Incentive Plan [Member]
Share-based Compensation [Abstract]
Vesting period			4 years
Unrecognized compensation expense	$ 452		$ 452
Period for recognition of compensation cost not yet recognized			4 years
Stock Option Activity [Roll Forward]
Outstanding at beginning of period (in shares)			150,000
Options granted (in shares)			20,500
Options exercised (in shares)			0
Options forfeited (in shares)			(7,500)
Options vested (in shares)			0
Outstanding at end of period (in shares)	163,000		163,000
Exercisable at end of period (in shares)	0		0
Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning of period (in dollars per share)			$ 19
Options granted (in dollars per share)			16.98
Options exercised (in dollars per share)			0
Options forfeited (in dollars per share)			19
Outstanding at end of period (in dollars per share)	$ 18.75		$ 18.75
Options, Additional Disclosures [Abstract]
Weighted average remaining contractual term, Outstanding			9 years 3 months 14 days
Weighted average remaining contractual term, Exercisable			0 years
Aggregate intrinsic value, Outstanding	$ 31		$ 31
Aggregate intrinsic value, Exercisable	$ 0		$ 0

Disclosures About Fair Value _3

Disclosures About Fair Value of Assets and Liabilities, Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 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)	1,919	506
Foreclosed assets held for sale	188	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)	1,919	506
Foreclosed assets held for sale	$ 188	$ 110

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets and Liabilities, Quantitative Information (Details) - Nonrecurring Basis [Member] $ in Thousands	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	$ 1,919	$ 506
Foreclosed assets held for sale	188	110
Level 3 [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	1,919	506
Foreclosed assets held for sale	$ 188	$ 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	Jun. 30, 2019	Dec. 31, 2018
Carrying Amount [Member]
Financial Assets [Abstract]
Cash and due from banks	$ 123,763	$ 128,090
Interest-bearing time deposits in other banks	32,632	31,759
Loans, net of allowance	623,614	592,078
Mortgage loans held for sale	8	512
Nonmarketable equity securities	1,069	1,055
Interest receivable	4,270	4,538
Financial Liabilities [Abstract]
Deposits	696,055	675,903
Interest payable	607	461
Fair Value [Member]
Financial Assets [Abstract]
Cash and due from banks	123,763	128,090
Interest-bearing time deposits in other banks	32,631	31,758
Loans, net of allowance	623,318	592,399
Mortgage loans held for sale	8	512
Nonmarketable equity securities	1,069	1,055
Interest receivable	4,270	4,538
Financial Liabilities [Abstract]
Deposits	696,015	675,017
Interest payable	607	461
Fair Value [Member] | Level 1 [Member]
Financial Assets [Abstract]
Cash and due from banks	123,763	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	32,631	31,758
Loans, net of allowance	621,399	591,893
Mortgage loans held for sale	8	512
Nonmarketable equity securities	1,069	1,055
Interest receivable	4,270	4,538
Financial Liabilities [Abstract]
Deposits	696,015	675,017
Interest payable	607	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	1,919	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	Jun. 30, 2019	Dec. 31, 2018
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	$ 174,624	$ 136,093
Commitments to Extend Credit [Member]
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	172,621	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	$ 2,003	$ 1,078

Significant Estimates and Con_2

Significant Estimates and Concentrations (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Significant Estimates of Loans [Abstract]
Outstanding balance	$ 632,958	$ 601,902
Hospitality Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	$ 29,200
Hospitality Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	22.00%
Outstanding balance	$ 138,800
Energy Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	$ 28,500
Energy Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	19.00%
Outstanding balance	$ 118,300