Bank7 (BSVN) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 05, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Document Transition Report	false
Entity File Number	001-38656
Entity Registrant Name	Bank7 Corp.
Entity Central Index Key	0001746129
Entity Incorporation, State or Country Code	OK
Entity Tax Identification Number	20-0763496
Entity Address, Address Line One	1039 N.W. 63rd Street
Entity Address, City or Town	Oklahoma City
Entity Address, State or Province	OK
Entity Address, Postal Zip Code	73116-7361
City Area Code	405
Local Phone Number	810-8600
Title of 12(b) Security	Common Stock, $0.01 Par Value Per Share
Trading Symbol	BSVN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,071,417

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 205,762	$ 153,901
Interest-bearing time deposits in other banks	5,229	16,412
Loans, net of allowance for loan losses of $9,306 and $9,639 at September 30, 2021 and December 31, 2020, respectively	915,393	826,974
Loans held for sale, at fair value	1,002	324
Premises and equipment, net	8,775	9,151
Nonmarketable equity securities	1,193	1,172
Goodwill and other intangibles, net	1,446	1,583
Interest receivable and other assets	7,430	7,152
Total assets	1,146,230	1,016,669
Deposits
Noninterest-bearing	335,633	246,569
Interest-bearing	682,741	658,945
Total deposits	1,018,374	905,514
Income taxes payable	0	9
Interest payable and other liabilities	5,447	3,827
Total liabilities	1,023,821	909,350
Shareholders' equity
Preferred stock, par value $0.01 per share, 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock, non-voting, par value $0.01 per share, 20,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 50,000,000 shares authorized; shares issued and outstanding: 9,070,038 and 9,044,765 at September 30, 2021 and December 31, 2020 respectively	91	90
Additional paid-in capital	93,766	93,162
Retained earnings	28,552	14,067
Total shareholders' equity	122,409	107,319
Total liabilities and shareholders' equity	$ 1,146,230	$ 1,016,669

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets
Allowance for loan losses	$ 9,306	$ 9,639
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)	9,070,038	9,044,765
Common stock, shares outstanding (in shares)	9,070,038	9,044,765
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 Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest Income
Loans, including fees	$ 13,927	$ 12,777	$ 41,377	$ 39,268
Interest-bearing time deposits in other banks	35	123	141	419
Other interest and dividend income	46	26	114	303
Total interest income	14,008	12,926	41,632	39,990
Interest Expense
Deposits	729	1,325	2,376	5,028
Total interest expense	729	1,325	2,376	5,028
Net Interest Income	13,279	11,601	39,256	34,962
Provision for Loan Losses	750	1,250	3,325	3,300
Net Interest Income After Provision for Loan Losses	12,529	10,351	35,931	31,662
Noninterest Income
Secondary market income	161	57	253	134
Service charges on deposit accounts	141	104	380	318
Other	275	173	860	513
Total noninterest income	577	334	1,493	965
Noninterest Expense
Salaries and employee benefits	2,946	2,505	8,685	7,576
Furniture and equipment	218	224	651	658
Occupancy	461	543	1,391	1,417
Data and item processing	292	276	857	821
Accounting, marketing and legal fees	150	135	447	338
Regulatory assessments	162	164	464	281
Advertising and public relations	76	62	181	360
Travel, lodging and entertainment	102	50	309	146
Other	372	625	1,213	1,463
Total noninterest expense	4,779	4,584	14,198	13,060
Income Before Taxes	8,327	6,101	23,226	19,567
Income tax expense	2,063	1,661	5,753	5,040
Net Income	$ 6,264	$ 4,440	$ 17,473	$ 14,527
Earnings per common share - basic (in dollars per share)	$ 0.69	$ 0.48	$ 1.93	$ 1.53
Earnings per common share - diluted (in dollars per share)	$ 0.69	$ 0.48	$ 1.92	$ 1.53
Weighted average common shares outstanding - basic (in shares)	9,052,718	9,228,128	9,051,112	9,483,540
Weighted average common shares outstanding - diluted (in shares)	9,105,255	9,228,128	9,078,671	9,483,540

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2019	$ 101	$ 92,391	$ 7,634
Balance (in shares) at Dec. 31, 2019	10,057,506
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			14,527	$ 14,527
Shares issued for restricted stock units (in shares)	19,437
Common stock acquired and canceled (in shares)	(835,254)			(835,254)
Common stock acquired and canceled			(7,210)
Shares issued for restricted stock units	$ (9)
Stock-based compensation expense		569
Cash dividends declared ($0.11 and $0.10 per share for the three months ended June 30, 2021 and 2020, respectively; $0.22 and $0.20 per share for the six months ended June 30, 2021 and 2020, respectively)			(2,773)
Balance at Sep. 30, 2020	$ 92	92,960	12,178	$ 105,230
Balance (in shares) at Sep. 30, 2020	9,241,689
Balance at Jun. 30, 2020	$ 92	92,762	8,765
Balance (in shares) at Jun. 30, 2020	9,226,252
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			4,440	4,440
Shares issued for restricted stock units (in shares)	19,437
Common stock acquired and canceled (in shares)	(4,000)
Common stock acquired and canceled			(103)
Shares issued for restricted stock units	$ 0
Stock-based compensation expense		198
Cash dividends declared ($0.11 and $0.10 per share for the three months ended June 30, 2021 and 2020, respectively; $0.22 and $0.20 per share for the six months ended June 30, 2021 and 2020, respectively)			(924)
Balance at Sep. 30, 2020	$ 92	92,960	12,178	105,230
Balance (in shares) at Sep. 30, 2020	9,241,689
Balance at Dec. 31, 2020	$ 90	93,162	14,067	107,319
Balance (in shares) at Dec. 31, 2020	9,044,765
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			17,473	$ 17,473
Shares issued for restricted stock units (in shares)	25,273
Common stock acquired and canceled (in shares)	0			0
Common stock acquired and canceled			0
Shares issued for restricted stock units	$ 1
Stock-based compensation expense		604
Cash dividends declared ($0.11 and $0.10 per share for the three months ended June 30, 2021 and 2020, respectively; $0.22 and $0.20 per share for the six months ended June 30, 2021 and 2020, respectively)			(2,988)
Balance at Sep. 30, 2021	$ 91	93,766	28,552	$ 122,409
Balance (in shares) at Sep. 30, 2021	9,070,038
Balance at Jun. 30, 2021	$ 90	93,635	23,286
Balance (in shares) at Jun. 30, 2021	9,050,606
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			6,264	6,264
Shares issued for restricted stock units (in shares)	19,432
Common stock acquired and canceled (in shares)	0
Common stock acquired and canceled			0
Shares issued for restricted stock units	$ 1
Stock-based compensation expense		131
Cash dividends declared ($0.11 and $0.10 per share for the three months ended June 30, 2021 and 2020, respectively; $0.22 and $0.20 per share for the six months ended June 30, 2021 and 2020, respectively)			(998)
Balance at Sep. 30, 2021	$ 91	$ 93,766	$ 28,552	$ 122,409
Balance (in shares) at Sep. 30, 2021	9,070,038

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Unaudited Condensed Consolidated Statements of Shareholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.11	$ 0.10	$ 0.33	$ 0.30

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating Activities
Net income	$ 17,473	$ 14,527
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	775	815
Provision for loan losses	3,325	3,300
Gain on sales of loans	(253)	(134)
Stock-based compensation expense	604	569
Gain on sale of premises and equipment	(11)	0
Cash receipts from the sale of loans originated for sale	13,274	6,922
Cash disbursements for loans originated for sale	(13,699)	(6,072)
Deferred income tax benefit	(65)	(780)
Changes in
Interest receivable and other assets	(214)	(408)
Interest payable and other liabilities	1,611	(223)
Net cash provided by operating activities	22,820	18,516
Investing Activities
Maturities of interest-bearing time deposits in other banks	11,183	21,190
Purchases of interest-bearing time deposits in other banks	0	(14,427)
Net change in loans	(91,744)	(173,290)
Purchases of premises and equipment	(253)	(423)
Proceeds from sale of premises and equipment	3	0
Change in nonmarketable equity securities	(21)	(65)
Net cash used in investing activities	(80,832)	(167,015)
Financing Activities
Net change in deposits	112,860	106,186
Cash distributions	(2,988)	(6,878)
Common stock issued for restricted stock units	1	(7,219)
Net cash provided by financing activities	109,873	92,089
Increase in Cash and Due from Banks	51,861	(56,410)
Cash and Due from Banks, Beginning of Period	153,901	117,128
Cash and Due from Banks, End of Period	205,762	60,718
Supplemental Disclosure of Cash Flows Information
Interest paid	2,480	5,301
Income taxes paid	6,087	5,498
Dividends declared and not paid	$ 998	$ 924

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
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, Bank7 (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, 2020, the date of the most recent annual report. The condensed consolidated balance sheet of the Company as of December 31, 2020 has been derived from the audited consolidated balance sheet of the Company as of that date. 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. The information contained in the financial statements and footnotes included in Company’s annual report for the year ended December 31, 2020, should be referred to in connection with these unaudited interim consolidated financial statements. 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. Share Repurchase Program During the nine months ended September 30, 2021, there were no repurchased shares under the Company’s share repurchase program. During the nine months ended September 30, 2020, 835,254 shares were repurchased under the Company’s share repurchase program at an average price of $8.70 per share. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank and its subsidiary, 1039 NW 63rd, LLC, which holds real estate utilized by the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. 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 payoff 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 unimpaired 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 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, 2021. 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 significant 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 fourth quarter of 2022. 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, 2022 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 2023. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) which provides relief for companies preparing for discontinuation of interest rates such as the London Interbank Offered Rate (“LIBOR”). On March 5, 2021, the U.K. Financial Conduct Authority (“FCA”) announced that the majority of LIBOR rates will no longer be published after December 31, 2021, although a number of key settings will continue until June 2023, to support the rundown of legacy contracts only. As a result, LIBOR should be discontinued as a reference rate. The main provisions for contract modifications include optional relief by allowing the modification as a continuation of the existing contract without additional analysis and other optional expedients regarding embedded features. ASU 2020-04 was effective upon issuance and generally can be applied through December 31, 2022. The adoption of ASU 2020-04 did not significantly impact our financial statements. Legislative and Regulatory Developments On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. It contains substantial tax and spending provisions intended to address the impact of the COVID-19 pandemic. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors. The CARES Act also includes a range of other provisions designed to support the U.S. economy and mitigate the impact of COVID-19 on financial institutions and their customers, including through the authorization of various programs and measures that the U.S. Department of the Treasury, the Small Business Administration, the Federal Reserve Board, and other federal banking agencies may or are required to implement. Further, in response to the COVID-19 outbreak, the Federal Reserve Board has implemented or announced a number of facilities to provide emergency liquidity to various segments of the U.S. economy and financial market. In April 2020, the Company began originating loans to qualified small businesses under the Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA). PPP loans are fully guaranteed by the SBA and thus have a zero percent risk weight under applicable risk-based capital rules. As of September 30, 2021, the Company had 73 PPP loans with balances totaling $27.3 million. The extent to which the COVID-19 pandemic impacts the Company’s business, liquidity, asset valuations, results of operations, and financial condition, as well as its regulatory capital and liquidity ratios, will depend on future developments, which are highly uncertain, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic. Moreover, the effects of the COVID-19 pandemic may have a material adverse effect on all or a combination of valuation impairments on the Company's intangible assets, loans, or deferred tax assets.

Recent Events, Including Merger

Recent Events, Including Mergers and Acquisitions	9 Months Ended
	Sep. 30, 2021
Recent Events, Including Mergers and Acquisitions [Abstract]
Recent Events, Including Mergers and Acquisitions	Note 2: Recent Events, Including Mergers and Acquisitions On October 6, 2021, the Company entered into a definitive agreement to acquire Cornerstone Bank ("Cornerstone") and its parent company, Watonga Bancshares, Inc. for estimated cash consideration of $32.0 million. Pursuant to the terms of the agreement, Cornerstone will merge with and into the Bank, with the Bank continuing as the surviving entity. The Company expects the purchase to close during the fourth quarter of 2021 and is subject to certain closing conditions including customary regulatory approvals. The purchase has not closed as of report date, November 5, 2021.

Restriction on Cash and Due fro

Restriction on Cash and Due from Banks	9 Months Ended
	Sep. 30, 2021
Restriction on Cash and Due from Banks [Abstract]
Restriction on Cash and Due from Banks	Note 3: Restriction on Cash and Due from Banks On March 26, 2020, the Federal Reserve Board reduced reserve requirement ratios to zero percent, effectively eliminating reserve requirements for all depository institutions.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2021
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 divided 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 The following table shows the computation of basic and diluted earnings per share: For the three months ended September 30, For the nine months ended September 30, 2021 2020 2021 2020 (Dollars in thousands, except per share amounts) Numerator Net income $ 6,264 $ 4,440 $ 17,473 $ 14,527 Denominator Weighted-average shares outstanding for basic earnings per share 9,052,718 9,228,128 9,051,112 9,483,540 Dilutive effect of stock compensation (1) 52,537 - 27,559 - Denominator for diluted earnings per share 9,105,255 9,228,128 9,078,671 9,483,540 Earnings per common share Basic $ 0.69 $ 0.48 $ 1.93 $ 1.53 Diluted $ 0.69 $ 0.48 $ 1.92 $ 1.53 (1) The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 264,000 and 185,250 a s of September 30, 2021 and 2020, respectively; Restricted stock units o or the nine months ended September 30, 202

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020, are as follows (dollars in thousands): September 30, 2021 December 31, 2020 Construction & development $ 133,732 $ 107,855 1 - 4 family real estate 38,633 29,079 Commercial real estate - other 291,583 290,489 Total commercial real estate 463,948 427,423 Commercial & industrial 396,974 351,248 Agricultural 59,343 50,519 Consumer 7,783 9,898 Gross loans 928,048 839,088 Less allowance for loan losses (9,306 ) (9,639 ) Less deferred loan fees (3,349 ) (2,475 ) Net loans $ 915,393 $ 826,974 Included in the commercial & industrial loan balance are $27.3 million and $44.9 million of loans that were originated under the SBA PPP program as of September 30, 2021 and December 31, 2020, respectively. The following table presents, by portfolio segment, the activity in the allowance for loan losses for the three months ended September 30, 2021 and 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Balance, beginning of period $ 1,631 $ 448 $ 4,109 $ 5,189 $ 825 $ 104 $ 12,306 Charge-offs - - - (3,750 ) - (2 ) (3,752 ) Recoveries - - - 1 - 1 2 Net (charge-offs) recoveries - - - (3,749 ) - (1 ) (3,750 ) Provision (credit) for loan losses (290 ) (61 ) (1,185 ) 2,541 (230 ) (25 ) 750 Balance, end of period $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2020 Balance, beginning of period $ 1,086 $ 349 $ 3,358 $ 4,380 $ 579 $ 126 $ 9,878 Charge-offs - - - - - (1 ) (1 ) Recoveries - - - 4 - - 4 Net (charge-offs) recoveries - - - 4 - (1 ) 3 Provision (credit) for loan losses 281 43 202 662 58 4 1,250 Balance, end of period $ 1,367 $ 392 $ 3,560 $ 5,046 $ 637 $ 129 $ 11,131 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the nine months ended September 30, 2021 and 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2021 Balance, beginning of period $ 1,239 $ 334 $ 3,337 $ 4,035 $ 580 $ 114 $ 9,639 Charge-offs - - - (3,750 ) - (63 ) (3,813 ) Recoveries - - - 15 138 2 155 Net (charge-offs) recoveries - - - (3,735 ) 138 (61 ) (3,658 ) Provision (credit) for loan losses 102 53 (413 ) 3,681 (123 ) 25 3,325 Balance, end of period $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2020 Balance, beginning of period $ 782 $ 378 $ 3,025 $ 2,887 $ 642 $ 132 $ 7,846 Charge-offs - - - (39 ) - (1 ) (40 ) Recoveries - 2 - 13 10 - 25 Net (charge-offs) recoveries - 2 - (26 ) 10 (1 ) (15 ) Provision (credit) for loan losses 585 12 535 2,185 (15 ) (2 ) 3,300 Balance, end of period $ 1,367 $ 392 $ 3,560 $ 5,046 $ 637 $ 129 $ 11,131 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 September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ - $ 259 $ - $ - $ 259 Collectively evaluated for impairment 1,341 387 2,924 3,722 595 78 9,047 Total $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Gross Loans Ending balance Individually evaluated for impairment $ - $ - $ 14,647 $ 9,635 $ - $ - $ 24,282 Collectively evaluated for impairment 133,732 38,633 276,936 387,339 59,343 7,783 903,766 Total $ 133,732 $ 38,633 $ 291,583 $ 396,974 $ 59,343 $ 7,783 $ 928,048 December 31, 2020 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ - $ 177 $ - $ - $ 177 Collectively evaluated for impairment 1,239 334 3,337 3,858 580 114 9,462 Total $ 1,239 $ 334 $ 3,337 $ 4,035 $ 580 $ 114 $ 9,639 Gross Loans Ending balance Individually evaluated for impairment $ - $ - $ 8,054 $ 14,601 $ 468 $ - $ 23,123 Collectively evaluated for impairment 107,855 29,079 282,435 336,647 50,051 9,898 815,965 Total $ 107,855 $ 29,079 $ 290,489 $ 351,248 $ 50,519 $ 9,898 $ 839,088 Internal Risk Categories Each loan segment is made up of loan categories possessing similar risk characteristics. Risk characteristics applicable to each segment of the loan portfolio are described as follows: Real Estate – The real estate portfolio consists of residential and commercial properties. Repayment of these loans is primarily dependent on the personal income and credit rating of the borrowers. Credit risk in these loans can be impacted by economic conditions within the Company’s market areas that might impact either property values or a borrower’s personal income. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers. Commercial real estate loans in this category typically involve larger principal amounts and are repaid primarily from the cash flow of a borrower’s principal business operation, the sale of the real estate or income independent of the loan purpose. Credit risk in these loans is driven by the creditworthiness of a borrower, property values, the local economy and other economic conditions impacting a borrower’s business or personal income. Commercial & Industrial – The commercial portfolio includes loans to commercial customers for use in financing working capital needs, equipment purchases and expansions. The loans in this category are repaid primarily from the cash flow of a borrower’s principal business operation. Credit risk in these loans is driven by creditworthiness of a borrower and the economic conditions that impact the cash flow stability from business operations. Agricultural – Loans secured by agricultural assets are generally made for the purpose of acquiring land devoted to crop production, cattle or poultry or the operation of a similar type of business on the secured property. Sources of repayment for these loans generally include income generated from operations of a business on the property, rental income or sales of the property. Credit risk in these loans may be impacted by crop and commodity prices, the creditworthiness of a borrower, and changes in economic conditions which might affect underlying property values and the local economies in the Company’s market areas. Consumer – The consumer loan portfolio consists of various term and line of credit loans such as automobile loans and loans for other personal purposes. Residential loans in this category are generally secured by owner occupied 1–4 family residences. Repayment for these types of loans will come from a borrower’s income sources that are typically independent of the loan purpose. Credit risk is driven by consumer economic factors, such as unemployment and general economic conditions in the Company’s market area and the creditworthiness of a borrower. Loan grades are numbered 1 through 4. Grade 1 is considered satisfactory. The grades of 2 and 3, or Watch and Special Mention, respectively, represent loans of lower quality and are considered criticized. Grade of 4, or Substandard, refers to loans that are classified. • Grade 1 (Pass) • Grade 2 (Watch) – These loans are still considered “Pass” credits; however, various factors such as industry stress, material changes in cash flow or financial conditions, or deficiencies in loan documentation, or other risk issues determined by the Lending Officer, Commercial Loan Committee (CLC), or Credit Quality Committee (CQC) warrant a heightened sense and frequency of monitoring. • Grade 3 (Special Mention) – These loans must have observable weaknesses or evidence of imprudent handling or structural issues. The weaknesses require close attention and the remediation of those weaknesses is necessary. No risk of probable loss exists. Credits in this category are expected to quickly migrate to a “2” or a “4” as this is viewed as a transitory loan grade. • Grade 4 (Substandard) – These loans are not adequately protected by the sound worth and debt service capacity of the borrower, but may be well secured. They have defined weaknesses relative to cash flow, collateral, financial condition, or other factors that might jeopardize repayment of all of the principal and interest on a timely basis. There is the possibility that a future loss will occur if weaknesses are not remediated. 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 the period ended September 30, 2021. The following table presents the credit risk profile of the Company’s loan portfolio based on internal rating category as of September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2021 Grade 1 (Pass) $ 133,732 $ 38,633 $ 237,826 $ 375,851 $ 59,025 $ 7,783 $ 852,850 2 (Watch) - - 14,976 5,618 - - 20,594 3 (Special Mention) - - 24,134 5,870 318 - 30,322 4 (Substandard) - - 14,647 9,635 - - 24,282 Total $ 133,732 $ 38,633 $ 291,583 $ 396,974 $ 59,343 $ 7,783 $ 928,048 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2020 Grade 1 (Pass) $ 107,855 $ 28,711 $ 248,194 $ 328,656 $ 50,051 $ 9,898 $ 773,365 2 (Watch) - 368 24,155 7,691 - - 32,214 3 (Special Mention) - - 10,086 300 - - 10,386 4 (Substandard) - - 8,054 14,601 468 - 23,123 Total $ 107,855 $ 29,079 $ 290,489 $ 351,248 $ 50,519 $ 9,898 $ 839,088 The following table presents the Company’s loan portfolio aging analysis of the recorded investment in loans as of September 30, 2021 and December 31, 2020 (dollars in thousands): Past Due Total Loans 30–59 Days 60–89 Days Greater than 90 Days Total Current Total Loans > 90 Days & Accruing September 30 2021 Construction & development $ - $ - $ - $ - $ 133,732 $ 133,732 $ - 1 - 4 Family Real Estate - - - - 38,633 38,633 - Commercial Real Estate - other - - - - 291,583 291,583 - Commercial & industrial - - 6,910 6,910 390,064 396,974 - Agricultural - - 102 102 59,241 59,343 102 Consumer 100 - - 100 7,683 7,783 - Total $ 100 $ - $ 7,012 $ 7,112 $ 920,936 $ 928,048 $ 102 December 31, 2020 Construction & development $ 714 $ - $ - $ 714 $ 107,141 $ 107,855 $ - 1 - 4 Family Real Estate - - - - 29,079 29,079 - Commercial Real Estate - other 1,444 - 1,960 3,404 287,085 290,489 1,960 Commercial & industrial - - - - 351,248 351,248 - Agricultural - - - - 50,519 50,519 - Consumer 193 - - 193 9,705 9,898 - Total $ 2,351 $ - $ 1,960 $ 4,311 $ 834,777 $ 839,088 $ 1,960 The following table presents impaired loans as of September 30, 2021 and December 31, 2020 (dollars in thousands): Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with an Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 September 30 2021 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate - - - - - - - - - Commercial Real Estate - other 14,647 14,647 - 14,647 - 14,700 228 10,989 682 Commercial & industrial 16,635 9,375 259 9,635 259 12,331 64 13,658 433 Agricultural - - - - - - - 215 - Consumer - - - - - - - 42 - Total $ 31,282 $ 24,022 $ 259 $ 24,282 $ 259 $ 27,031 $ 292 $ 24,904 $ 1,115 December 31, 2020 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate - - - - - 1,133 15 3,732 47 Commercial Real Estate - other 8,353 8,054 - 8,054 - 5,160 144 2,121 274 Commercial & industrial 18,082 14,424 177 14,601 177 26,549 996 21,780 1,317 Agricultural 768 468 - 468 - 2,681 (54 ) 1,483 (13 ) Consumer - - - - - - - 1,590 - Total $ 27,203 $ 22,946 $ 177 $ 23,123 $ 177 $ 35,523 $ 1,101 $ 30,706 $ 1,625 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 September 30, 2021, the Company had $1.5 million of commercial real estate loans and $6.9 million of commercial industrial loans that were modified in troubled-debt restructurings and impaired, compared to $1.6 million of commercial real estate, $10.9 million of commercial and industrial, and $469,000 of agricultural loans that were modified in troubled-debt restructurings and impaired as of December 31, 2020. There were no newly modified troubled-debt restructurings during the There were no troubled-debt restructurings modified in the past nine months that subsequently defaulted for the period ended September 30, 2021. The following table represents information regarding nonperforming assets at September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Nonaccrual loans $ - $ - $ 2,650 $ 7,169 $ - $ - $ 9,819 Troubled-debt restructurings (1) - - - - - - - Accruing loans 90 or more days past due - - - - 102 - 102 Total nonperforming loans $ - $ - $ 2,650 $ 7,169 $ 102 $ - $ 9,921 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2020 Nonaccrual loans $ - $ - $ 3,043 $ 11,063 $ 469 $ - $ 14,575 Troubled-debt restructurings (1) - - - - - - - Accruing loans 90 or more days past due - - 1,960 - - - 1,960 Total nonperforming loans $ - $ - $ 5,003 $ 11,063 $ 469 $ - $ 16,535 (1) $8.36 million and $12.98 million of TDRs as of September 30, 2021 and December 31, 2020, respectively, are included in the nonaccrual loans balance in the line above. The CARES Act includes a provision that permits a financial institution to elect to suspend temporarily troubled debt restructuring accounting under ASC Subtopic 310-40 in certain circumstances (“section 4013”). To be eligible under section 4013, a loan modification must be (1) related to COVID-19; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency or (B) January 1, 2022. In response to this section of the CARES Act, the federal banking agencies issued a revised interagency statement on April 7, 2020 that, in consultation with the Financial Accounting Standards Board, confirmed that for loans not subject to section 4013, short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not troubled debt restructurings under ASC Subtopic 310-40. This includes short-term (e.g., up to six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. As of September 30, 2021, one loan totaling $3.1 million was modified, related to COVID-19, which was not considered a troubled debt restructuring.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2021
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 6: Shareholders’ Equity On September 5, 2019, the Company adopted a Repurchase Plan (the “RP”). The RP initially authorized the repurchase of up to 500,000 shares of the Company’s common stock. On March 13, 2020, the Company’s Board of Directors approved a 500,000 share expansion, and on November 2, 2020, approved a 750,000 share expansion to the RP, for a total authorized under the RP. All shares repurchased under the RP have been retired and not held as treasury stock. The RP expired on September 5, 2021. On October 28, 2021, the Company adopted a new Repurchase Plan (the “New RP”) that authorizes the repurchase of up to 750,000 shares of the Company’s stock. Stock repurchases under the New RP will take place pursuant to a Rule 10b5-1 Plan with pricing and purchasing parameters established by management A summary of the activity under the RP is as follows: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 Number of shares repurchased - 835,254 - 38,160 Average price of shares repurchased $ - $ 8.56 $ - $ 8.96 Shares remaining to be repurchased - 164,746 - 164,746 The Company and Bank are subject to risk-based capital guidelines issued by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance-sheet items as calculated under GAAP, regulatory reporting requirements and regulatory capital standards. The Company’s and Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Company’s and the Bank’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulation to ensure capital adequacy require the Company and Bank to maintain minimum amounts and ratios (set forth in the following table) of total, Tier I, and Common Equity capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier I capital (as defined) to average assets (as defined). Management believes, as of September 30, 2021, that the Company and Bank meet all capital adequacy requirements to which it is subject and maintains capital conservation buffers that allow the Company and Bank to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to certain executive officers. As of September 30, 2021, the most recent notification from the Federal Deposit Insurance Corporation (FDIC) categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain capital ratios as set forth in the table below. There are no conditions or events since that notification that management believes have changed the Bank’s category. In April 2020, the Company began originating loans to qualified small businesses under the PPP administered by the SBA. Federal bank regulatory agencies have issued an interim final rule that permits banks to neutralize the regulatory capital effects of participating in the Paycheck Protection Program Lending Facility (the “PPP Facility”) and have clarified that PPP loans have a zero percent risk weight under applicable risk-based capital rules. Specifically, a bank may exclude all PPP loans pledged as collateral to the PPP Facility from its average total consolidated assets for the purposes of calculating its leverage ratio, while PPP loans that are not pledged as collateral to the PPP Facility will be included. The PPP loans of $27.3 million we originated are included in the calculation of leverage ratio as of September 30, 2021 as the Company did not utilize the PPP Facility for funding purpose s. The Company’s and Bank’s actual capital amounts and ratios are presented in the following table (dollars in thousands): Actual Minimum Capital Requirements With Capital Conservation Buffer Minimum To Be Well Capitalized Under Prompt Corrective Action Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of September 30 2021 Total capital to risk-weighted assets Company $ 130,228 14.80 % $ 70,389 8.00 % $ 92,386 10.50 % N/A N/A Bank 130,228 14.82 70,308 8.00 92,280 10.50 $ 87,886 10.00 % Tier I capital to risk-weighted assets Company 120,922 13.74 52,792 6.00 74,789 8.50 N/A N/A Bank 120,922 13.76 52,731 6.00 74,703 8.50 70,308 8.00 CET I capital to risk-weighted assets Company 120,922 13.74 39,594 4.50 61,591 7.00 N/A N/A Bank 120,922 13.76 39,549 4.50 61,520 7.00 57,126 6.50 Tier I capital to average assets Company 120,922 11.50 42,071 4.00 N/A N/A N/A N/A Bank 120,922 11.51 42,030 4.00 N/A N/A 52,538 5.00 As of December 31, 2020 Total capital to risk-weighted assets Company $ 115,375 14.73 % $ 62,641 8.00 % $ 82,216 10.50 % N/A N/A Bank 115,335 14.75 62,563 8.00 82,114 10.50 $ 78,204 10.00 % Tier I capital to risk-weighted assets Company 105,736 13.50 46,981 6.00 66,556 8.50 N/A N/A Bank 105,696 13.51 46,922 6.00 66,473 8.50 62,563 8.00 CET I capital to risk-weighted assets Company 105,736 13.50 35,236 4.50 54,811 7.00 N/A N/A Bank 105,696 13.51 35,192 4.50 54,743 7.00 50,832 6.50 Tier I capital to average assets Company 105,736 10.78 39,218 4.00 N/A N/A N/A N/A Bank 105,696 10.78 39,233 4.00 N/A N/A 49,041 5.00 The federal banking agencies require that banking organizations meet several risk-based capital adequacy requirements. The current risk-based capital standards applicable to the Company and the Bank are based on the Basel III Capital Rules established by the Basel Committee on Banking Supervision (the “Basel Committee”). The Basel Committee is a committee of central banks and bank supervisors/regulators from the major industrialized countries that develops broad policy guidelines for use by each country’s supervisors in determining the supervisory policies they apply. The requirements are intended to ensure that banking organizations have adequate capital given the risk levels of assets and off-balance sheet financial instruments. The Basel III Capital Rules require the Bank and the Company to comply with four minimum capital standards: a Tier 1 leverage ratio of at least 4.0%; a CET1 to risk-weighted assets of 4.5%; a Tier 1 capital to risk-weighted assets of at least 6.0%; and a total capital to risk-weighted assets of at least 8.0%. The calculation of all types of regulatory capital is subject to definitions, deductions and adjustments specified in the regulations. The Basel III Capital Rules also require a “capital conservation buffer” of 2.5% above the regulatory minimum risk-based capital requirements. The capital conservation buffer is designed to absorb losses during periods of economic stress and effectively increases the minimum required risk-weighted capital ratios. Banking institutions with a ratio of CET1 to risk-weighted assets below the effective minimum (4.5% plus the capital conservation buffer) are subject to limitations on certain activities, including payment of dividends, share repurchases and discretionary bonuses to executive officers based on the amount of the shortfall. As of September 30, 2021, the Company’s and the Bank’s capital ratios exceeded the minimum capital adequacy guideline percentage requirements under the Basel III Capital Rules on a fully phased-in basis. The Bank is subject to certain restrictions on the amount of dividends that it may declare without prior regulatory approval. At September 30, 2021, approximately $31.8 million of retained earnings was available for dividend declaration from the Bank without prior regulatory approval.

Related-Party Transactions

Related-Party Transactions	9 Months Ended
	Sep. 30, 2021
Related-Party Transactions [Abstract]
Related-Party Transactions	Note 7: Related-Party Transactions At September 30, 2021 and December 31, 2020, the Company had loans outstanding to executive officers, directors, significant shareholders and their affiliates (related parties) approximating $0. A summary of the activity related to these loans is as follows (dollars in thousands): Balance Beginning of the Period Additions Collections/ Terminations Balance End of the Period Nine months ended September 30, 2021 $ - $ - $ - $ - Year ended December 31, 2020 $ 1,055 $ - $ (1,055 ) $ - 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. T he 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 $45,000 and $46,000 for the three months ended September 30, 2021 and 2020, respectively. Lease expense totaled $137,000 and $138,000 for the nine months ended September 30, 2021 and 2020. In addition, payroll and office sharing arrangements were in place between the Company and certain of its affiliate

Employee Benefits

Employee Benefits	9 Months Ended
	Sep. 30, 2021
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 Company matching up to 5% of the employee’s salary. Employer contributions charged to expense for the three months ended September 30, 2021 and 2020 totaled $63,000 and $58,000, respectively. Employer contributions charged to expense for the nine months ended September 30, 2021 and 2020 totaled $204,000 and $173,000, respectively. Stock-Based Compensation The Company adopted a nonqualified incentive stock option plan (the “Incentive Plan”) in September 2018. The Incentive Plan will terminate in September 2028, if not extended. Compensation expense related to the Plan for the three months ended September 30, 2021 and 2020 totaled $279,000 and $198,000, respectively. Compensation expense related to the Plan for the nine months ended September 30, 2021 and 2020 totaled $784,000 and $569,000, respectively. The Company grants to employees and directors restricted stock units (RSUs) which vest ratably over either one three 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 Incentive Plan (dollar amounts in thousands, except per share data): Options Wgtd. Avg. Exercise Price Wgtd. Avg. Remaining Contractual Term Aggregate Intrinsic Value Nine Months Ended September 30, 2021 Outstanding at December 31, 2020 185,250 $ 18.73 Options Granted 80,500 14.31 Options Exercised - - Options Forfeited (1,750 ) 14.31 Outstanding at September 30, 2021 264,000 17.41 7.81 $ 316,605 Exercisable at September 30, 2021 121,932 18.82 7.07 $ 3,525 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 period presented: Nine Months Ended September 30, 2021 September 30, 2020 Risk-free interest rate 0.52 % 1.71 % Dividend yield 2.89 % 2.20 % Stock price volatility 66.67 % 41.27 % Expected term 6.41 7.51 The following table summarizes share information about RSUs for the nine months ended September 30, 2021: Nine Months Ended September 30, 2021 Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2020 118,000 $ 18.09 Shares granted 25,200 14.31 Shares vested (33,582 ) 18.85 Shares forfeited - - End of the period balance 109,618 $ 16.99 As of September 30, 2021, there was approximately $1.7 million of unrecognized compensation expense related to 109,618 unvested RSUs and $668,106 of unrecognized compensation expense related to 264,000 unvested and/or unexercised stock options. The stock option expense is expected to be recognized over a weighted average period of 2.67 years, and the RSU expense is expected to be recognized over a weighted average period of 2.53 years.

Disclosures About Fair Value of

Disclosures About Fair Value of Assets and Liabilities	9 Months Ended
	Sep. 30, 2021
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 h ierarchy 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 September 30, 2021 and December 31, 2020. 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 September 30, 2021 and December 31, 2020 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) September 30 2021 Impaired loans (collateral- dependent) $ 6,910 $ - $ - $ 6,910 December 31, 2020 Impaired loans (collateral- dependent) $ 11,358 $ - $ - $ 11,358 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. Unobservable (Level 3) Inputs The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value Valuation Technique Unobservable Inputs Weighted- Average September 30, 2021 Collateral-dependent impaired loans $ 6,910 Appraisals from comparable properties Estimated cost to sell 25 % December 31, 2020 Collateral-dependent impaired loans $ 11,358 Appraisals from comparable properties Estimated cost to sell 3-5 % The following tables presents estimated fair values of the Company’s financial instruments not recorded at fair value at September 30, 2021 and December 31, 2020 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total September 30, 2021 Financial Assets Cash and due from banks $ 205,762 $ 205,762 $ - $ - $ 205,762 Interest-bearing time deposits in other banks 5,229 - 5,229 - 5,229 Loans, net of allowance 915,393 - 907,758 6,910 914,668 Mortgage loans held for sale 1,002 - 1,002 - 1,002 Nonmarketable equity securities 1,193 - 1,193 - 1,193 Interest receivable 4,173 - 4,173 - 4,173 Financial Liabilities Deposits $ 1,018,374 $ - $ 1,017,647 $ - $ 1,017,647 Interest payable 182 - 182 - 182 December 31, 2020 Financial Assets Cash and due from banks $ 153,901 $ 153,901 $ - $ - $ 153,901 Interest-bearing time deposits in other banks 16,412 - 16,412 - 16,412 Loans, net of allowance 826,974 - 815,223 11,358 826,581 Mortgage loans held for sale 324 - 324 - 324 Nonmarketable equity securities 1,172 - 1,172 - 1,172 Interest receivable 4,365 - 4,365 - 4,365 Financial Liabilities Deposits $ 905,514 $ - $ 904,928 $ - $ 904,928 Interest payable 286 - 286 - 286 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 Company determines fair value of loans by using exit market assumptions including factors such as liquidity, credit quality and risk of nonperformance. The fair value 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 September 30, 2021 and December 31, 2020.

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 (dollars in thousands): September 30, December 31, 2021 2020 Commitments to extend credit $ 184,217 $ 206,520 Financial and performance standby letters of credit 6,198 2,366 $ 190,415 $ 208,886 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	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021, hospitality loans were 20% of gross total loans with outstanding balances of $188.0 million and unfunded commitments of $47.2 million; energy loans were 13% of gross total loans with outstanding balances of $119.4 million and unfunded commitments of $10.6 million. The Company evaluates goodwill for potential goodwill impairment on an annual basis or more often based on consideration if any impairment indicators have occurred. A prolonged strain on the U.S. economy impacting the Company could result in goodwill being partially or fully impaired. At September 30, 2021, goodwill of $1.0 million was recorded on the consolidated balance sheet.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
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, 2020, the date of the most recent annual report. The condensed consolidated balance sheet of the Company as of December 31, 2020 has been derived from the audited consolidated balance sheet of the Company as of that date. 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. The information contained in the financial statements and footnotes included in Company’s annual report for the year ended December 31, 2020, should be referred to in connection with these unaudited interim consolidated financial statements. 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.
Share Repurchase Program	Share Repurchase Program During the nine months ended September 30, 2021, there were no repurchased shares under the Company’s share repurchase program. During the nine months ended September 30, 2020, 835,254 shares were repurchased under the Company’s share repurchase program at an average price of $8.70 per share.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank and its subsidiary, 1039 NW 63rd, LLC, which holds real estate utilized by the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation.
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 payoff 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 unimpaired 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 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, 2021. 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 significant 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 fourth quarter of 2022. 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, 2022 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 2023. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) which provides relief for companies preparing for discontinuation of interest rates such as the London Interbank Offered Rate (“LIBOR”). On March 5, 2021, the U.K. Financial Conduct Authority (“FCA”) announced that the majority of LIBOR rates will no longer be published after December 31, 2021, although a number of key settings will continue until June 2023, to support the rundown of legacy contracts only. As a result, LIBOR should be discontinued as a reference rate. The main provisions for contract modifications include optional relief by allowing the modification as a continuation of the existing contract without additional analysis and other optional expedients regarding embedded features. ASU 2020-04 was effective upon issuance and generally can be applied through December 31, 2022. The adoption of ASU 2020-04 did not significantly impact our financial statements.
Legislative and Regulatory Developments	Legislative and Regulatory Developments On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. It contains substantial tax and spending provisions intended to address the impact of the COVID-19 pandemic. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors. The CARES Act also includes a range of other provisions designed to support the U.S. economy and mitigate the impact of COVID-19 on financial institutions and their customers, including through the authorization of various programs and measures that the U.S. Department of the Treasury, the Small Business Administration, the Federal Reserve Board, and other federal banking agencies may or are required to implement. Further, in response to the COVID-19 outbreak, the Federal Reserve Board has implemented or announced a number of facilities to provide emergency liquidity to various segments of the U.S. economy and financial market. In April 2020, the Company began originating loans to qualified small businesses under the Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA). PPP loans are fully guaranteed by the SBA and thus have a zero percent risk weight under applicable risk-based capital rules. As of September 30, 2021, the Company had 73 PPP loans with balances totaling $27.3 million. The extent to which the COVID-19 pandemic impacts the Company’s business, liquidity, asset valuations, results of operations, and financial condition, as well as its regulatory capital and liquidity ratios, will depend on future developments, which are highly uncertain, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic. Moreover, the effects of the COVID-19 pandemic may have a material adverse effect on all or a combination of valuation impairments on the Company's intangible assets, loans, or deferred tax assets.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, For the nine months ended September 30, 2021 2020 2021 2020 (Dollars in thousands, except per share amounts) Numerator Net income $ 6,264 $ 4,440 $ 17,473 $ 14,527 Denominator Weighted-average shares outstanding for basic earnings per share 9,052,718 9,228,128 9,051,112 9,483,540 Dilutive effect of stock compensation (1) 52,537 - 27,559 - Denominator for diluted earnings per share 9,105,255 9,228,128 9,078,671 9,483,540 Earnings per common share Basic $ 0.69 $ 0.48 $ 1.93 $ 1.53 Diluted $ 0.69 $ 0.48 $ 1.92 $ 1.53 (1) The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 264,000 and 185,250 a s of September 30, 2021 and 2020, respectively; Restricted stock units o or the nine months ended September 30, 202

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2021
Loans and Allowance for Loan Losses [Abstract]
Summary of Loans	A summary of loans at September 30, 2021 and December 31, 2020, are as follows (dollars in thousands): September 30, 2021 December 31, 2020 Construction & development $ 133,732 $ 107,855 1 - 4 family real estate 38,633 29,079 Commercial real estate - other 291,583 290,489 Total commercial real estate 463,948 427,423 Commercial & industrial 396,974 351,248 Agricultural 59,343 50,519 Consumer 7,783 9,898 Gross loans 928,048 839,088 Less allowance for loan losses (9,306 ) (9,639 ) Less deferred loan fees (3,349 ) (2,475 ) Net loans $ 915,393 $ 826,974
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 September 30, 2021 and 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Balance, beginning of period $ 1,631 $ 448 $ 4,109 $ 5,189 $ 825 $ 104 $ 12,306 Charge-offs - - - (3,750 ) - (2 ) (3,752 ) Recoveries - - - 1 - 1 2 Net (charge-offs) recoveries - - - (3,749 ) - (1 ) (3,750 ) Provision (credit) for loan losses (290 ) (61 ) (1,185 ) 2,541 (230 ) (25 ) 750 Balance, end of period $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2020 Balance, beginning of period $ 1,086 $ 349 $ 3,358 $ 4,380 $ 579 $ 126 $ 9,878 Charge-offs - - - - - (1 ) (1 ) Recoveries - - - 4 - - 4 Net (charge-offs) recoveries - - - 4 - (1 ) 3 Provision (credit) for loan losses 281 43 202 662 58 4 1,250 Balance, end of period $ 1,367 $ 392 $ 3,560 $ 5,046 $ 637 $ 129 $ 11,131 The following table presents, by portfolio segment, the activity in the allowance for loan losses for the nine months ended September 30, 2021 and 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2021 Balance, beginning of period $ 1,239 $ 334 $ 3,337 $ 4,035 $ 580 $ 114 $ 9,639 Charge-offs - - - (3,750 ) - (63 ) (3,813 ) Recoveries - - - 15 138 2 155 Net (charge-offs) recoveries - - - (3,735 ) 138 (61 ) (3,658 ) Provision (credit) for loan losses 102 53 (413 ) 3,681 (123 ) 25 3,325 Balance, end of period $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2020 Balance, beginning of period $ 782 $ 378 $ 3,025 $ 2,887 $ 642 $ 132 $ 7,846 Charge-offs - - - (39 ) - (1 ) (40 ) Recoveries - 2 - 13 10 - 25 Net (charge-offs) recoveries - 2 - (26 ) 10 (1 ) (15 ) Provision (credit) for loan losses 585 12 535 2,185 (15 ) (2 ) 3,300 Balance, end of period $ 1,367 $ 392 $ 3,560 $ 5,046 $ 637 $ 129 $ 11,131 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 September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ - $ 259 $ - $ - $ 259 Collectively evaluated for impairment 1,341 387 2,924 3,722 595 78 9,047 Total $ 1,341 $ 387 $ 2,924 $ 3,981 $ 595 $ 78 $ 9,306 Gross Loans Ending balance Individually evaluated for impairment $ - $ - $ 14,647 $ 9,635 $ - $ - $ 24,282 Collectively evaluated for impairment 133,732 38,633 276,936 387,339 59,343 7,783 903,766 Total $ 133,732 $ 38,633 $ 291,583 $ 396,974 $ 59,343 $ 7,783 $ 928,048 December 31, 2020 Allowance Balance Ending balance Individually evaluated for impairment $ - $ - $ - $ 177 $ - $ - $ 177 Collectively evaluated for impairment 1,239 334 3,337 3,858 580 114 9,462 Total $ 1,239 $ 334 $ 3,337 $ 4,035 $ 580 $ 114 $ 9,639 Gross Loans Ending balance Individually evaluated for impairment $ - $ - $ 8,054 $ 14,601 $ 468 $ - $ 23,123 Collectively evaluated for impairment 107,855 29,079 282,435 336,647 50,051 9,898 815,965 Total $ 107,855 $ 29,079 $ 290,489 $ 351,248 $ 50,519 $ 9,898 $ 839,088
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 September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30, 2021 Grade 1 (Pass) $ 133,732 $ 38,633 $ 237,826 $ 375,851 $ 59,025 $ 7,783 $ 852,850 2 (Watch) - - 14,976 5,618 - - 20,594 3 (Special Mention) - - 24,134 5,870 318 - 30,322 4 (Substandard) - - 14,647 9,635 - - 24,282 Total $ 133,732 $ 38,633 $ 291,583 $ 396,974 $ 59,343 $ 7,783 $ 928,048 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2020 Grade 1 (Pass) $ 107,855 $ 28,711 $ 248,194 $ 328,656 $ 50,051 $ 9,898 $ 773,365 2 (Watch) - 368 24,155 7,691 - - 32,214 3 (Special Mention) - - 10,086 300 - - 10,386 4 (Substandard) - - 8,054 14,601 468 - 23,123 Total $ 107,855 $ 29,079 $ 290,489 $ 351,248 $ 50,519 $ 9,898 $ 839,088
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 September 30, 2021 and December 31, 2020 (dollars in thousands): Past Due Total Loans 30–59 Days 60–89 Days Greater than 90 Days Total Current Total Loans > 90 Days & Accruing September 30 2021 Construction & development $ - $ - $ - $ - $ 133,732 $ 133,732 $ - 1 - 4 Family Real Estate - - - - 38,633 38,633 - Commercial Real Estate - other - - - - 291,583 291,583 - Commercial & industrial - - 6,910 6,910 390,064 396,974 - Agricultural - - 102 102 59,241 59,343 102 Consumer 100 - - 100 7,683 7,783 - Total $ 100 $ - $ 7,012 $ 7,112 $ 920,936 $ 928,048 $ 102 December 31, 2020 Construction & development $ 714 $ - $ - $ 714 $ 107,141 $ 107,855 $ - 1 - 4 Family Real Estate - - - - 29,079 29,079 - Commercial Real Estate - other 1,444 - 1,960 3,404 287,085 290,489 1,960 Commercial & industrial - - - - 351,248 351,248 - Agricultural - - - - 50,519 50,519 - Consumer 193 - - 193 9,705 9,898 - Total $ 2,351 $ - $ 1,960 $ 4,311 $ 834,777 $ 839,088 $ 1,960
Impaired Loans	The following table presents impaired loans as of September 30, 2021 and December 31, 2020 (dollars in thousands): Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with an Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 September 30 2021 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate - - - - - - - - - Commercial Real Estate - other 14,647 14,647 - 14,647 - 14,700 228 10,989 682 Commercial & industrial 16,635 9,375 259 9,635 259 12,331 64 13,658 433 Agricultural - - - - - - - 215 - Consumer - - - - - - - 42 - Total $ 31,282 $ 24,022 $ 259 $ 24,282 $ 259 $ 27,031 $ 292 $ 24,904 $ 1,115 December 31, 2020 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 Construction & development $ - $ - $ - $ - $ - $ - $ - $ - $ - 1 - 4 Family Real Estate - - - - - 1,133 15 3,732 47 Commercial Real Estate - other 8,353 8,054 - 8,054 - 5,160 144 2,121 274 Commercial & industrial 18,082 14,424 177 14,601 177 26,549 996 21,780 1,317 Agricultural 768 468 - 468 - 2,681 (54 ) 1,483 (13 ) Consumer - - - - - - - 1,590 - Total $ 27,203 $ 22,946 $ 177 $ 23,123 $ 177 $ 35,523 $ 1,101 $ 30,706 $ 1,625
Information Regarding Nonperforming Assets	The following table represents information regarding nonperforming assets at September 30, 2021 and December 31, 2020 (dollars in thousands): Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total September 30 2021 Nonaccrual loans $ - $ - $ 2,650 $ 7,169 $ - $ - $ 9,819 Troubled-debt restructurings (1) - - - - - - - Accruing loans 90 or more days past due - - - - 102 - 102 Total nonperforming loans $ - $ - $ 2,650 $ 7,169 $ 102 $ - $ 9,921 Construction & Development 1 - 4 Family Real Estate Commercial Real Estate - Other Commercial & Industrial Agricultural Consumer Total December 31, 2020 Nonaccrual loans $ - $ - $ 3,043 $ 11,063 $ 469 $ - $ 14,575 Troubled-debt restructurings (1) - - - - - - - Accruing loans 90 or more days past due - - 1,960 - - - 1,960 Total nonperforming loans $ - $ - $ 5,003 $ 11,063 $ 469 $ - $ 16,535 (1) $8.36 million and $12.98 million of TDRs as of September 30, 2021 and December 31, 2020, respectively, are included in the nonaccrual loans balance in the line above.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2021
Shareholders' Equity [Abstract]
Summary of Activity under Repurchase Plan	A summary of the activity under the RP is as follows: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 Number of shares repurchased - 835,254 - 38,160 Average price of shares repurchased $ - $ 8.56 $ - $ 8.96 Shares remaining to be repurchased - 164,746 - 164,746
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 With Capital Conservation Buffer Minimum To Be Well Capitalized Under Prompt Corrective Action Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of September 30 2021 Total capital to risk-weighted assets Company $ 130,228 14.80 % $ 70,389 8.00 % $ 92,386 10.50 % N/A N/A Bank 130,228 14.82 70,308 8.00 92,280 10.50 $ 87,886 10.00 % Tier I capital to risk-weighted assets Company 120,922 13.74 52,792 6.00 74,789 8.50 N/A N/A Bank 120,922 13.76 52,731 6.00 74,703 8.50 70,308 8.00 CET I capital to risk-weighted assets Company 120,922 13.74 39,594 4.50 61,591 7.00 N/A N/A Bank 120,922 13.76 39,549 4.50 61,520 7.00 57,126 6.50 Tier I capital to average assets Company 120,922 11.50 42,071 4.00 N/A N/A N/A N/A Bank 120,922 11.51 42,030 4.00 N/A N/A 52,538 5.00 As of December 31, 2020 Total capital to risk-weighted assets Company $ 115,375 14.73 % $ 62,641 8.00 % $ 82,216 10.50 % N/A N/A Bank 115,335 14.75 62,563 8.00 82,114 10.50 $ 78,204 10.00 % Tier I capital to risk-weighted assets Company 105,736 13.50 46,981 6.00 66,556 8.50 N/A N/A Bank 105,696 13.51 46,922 6.00 66,473 8.50 62,563 8.00 CET I capital to risk-weighted assets Company 105,736 13.50 35,236 4.50 54,811 7.00 N/A N/A Bank 105,696 13.51 35,192 4.50 54,743 7.00 50,832 6.50 Tier I capital to average assets Company 105,736 10.78 39,218 4.00 N/A N/A N/A N/A Bank 105,696 10.78 39,233 4.00 N/A N/A 49,041 5.00

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2021
Related-Party Transactions [Abstract]
Summary of Loans	A summary of the activity related to these loans is as follows (dollars in thousands): Balance Beginning of the Period Additions Collections/ Terminations Balance End of the Period Nine months ended September 30, 2021 $ - $ - $ - $ - Year ended December 31, 2020 $ 1,055 $ - $ (1,055 ) $ -

Employee Benefits (Tables)

Employee Benefits (Tables)	9 Months Ended
	Sep. 30, 2021
Employee Benefits [Abstract]
Stock Options Activity	The following table is a summary of the stock option activity under the Incentive Plan (dollar amounts in thousands, except per share data): Options Wgtd. Avg. Exercise Price Wgtd. Avg. Remaining Contractual Term Aggregate Intrinsic Value Nine Months Ended September 30, 2021 Outstanding at December 31, 2020 185,250 $ 18.73 Options Granted 80,500 14.31 Options Exercised - - Options Forfeited (1,750 ) 14.31 Outstanding at September 30, 2021 264,000 17.41 7.81 $ 316,605 Exercisable at September 30, 2021 121,932 18.82 7.07 $ 3,525
Assumptions Used for Computing Stock-Based Compensation Expense under Fair Value Method	The following table shows the assumptions used for computing stock-based compensation expense under the fair value method on options granted during the period presented: Nine Months Ended September 30, 2021 September 30, 2020 Risk-free interest rate 0.52 % 1.71 % Dividend yield 2.89 % 2.20 % Stock price volatility 66.67 % 41.27 % Expected term 6.41 7.51
Restricted Stock Units	The following table summarizes share information about RSUs for the nine months ended September 30, 2021: Nine Months Ended September 30, 2021 Number of Shares Wgtd. Avg. Grant Date Fair Value Outstanding at December 31, 2020 118,000 $ 18.09 Shares granted 25,200 14.31 Shares vested (33,582 ) 18.85 Shares forfeited - - End of the period balance 109,618 $ 16.99

Disclosures About Fair Value _2

Disclosures About Fair Value of Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 (dollars in thousands): Fair Value (Level 1) (Level 2) (Level 3) September 30 2021 Impaired loans (collateral- dependent) $ 6,910 $ - $ - $ 6,910 December 31, 2020 Impaired loans (collateral- dependent) $ 11,358 $ - $ - $ 11,358
Quantitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value Valuation Technique Unobservable Inputs Weighted- Average September 30, 2021 Collateral-dependent impaired loans $ 6,910 Appraisals from comparable properties Estimated cost to sell 25 % December 31, 2020 Collateral-dependent impaired loans $ 11,358 Appraisals from comparable properties Estimated cost to sell 3-5 %
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 September 30, 2021 and December 31, 2020 (dollars in thousands): Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total September 30, 2021 Financial Assets Cash and due from banks $ 205,762 $ 205,762 $ - $ - $ 205,762 Interest-bearing time deposits in other banks 5,229 - 5,229 - 5,229 Loans, net of allowance 915,393 - 907,758 6,910 914,668 Mortgage loans held for sale 1,002 - 1,002 - 1,002 Nonmarketable equity securities 1,193 - 1,193 - 1,193 Interest receivable 4,173 - 4,173 - 4,173 Financial Liabilities Deposits $ 1,018,374 $ - $ 1,017,647 $ - $ 1,017,647 Interest payable 182 - 182 - 182 December 31, 2020 Financial Assets Cash and due from banks $ 153,901 $ 153,901 $ - $ - $ 153,901 Interest-bearing time deposits in other banks 16,412 - 16,412 - 16,412 Loans, net of allowance 826,974 - 815,223 11,358 826,581 Mortgage loans held for sale 324 - 324 - 324 Nonmarketable equity securities 1,172 - 1,172 - 1,172 Interest receivable 4,365 - 4,365 - 4,365 Financial Liabilities Deposits $ 905,514 $ - $ 904,928 $ - $ 904,928 Interest payable 286 - 286 - 286

Financial Instruments with Of_2

Financial Instruments with Off-Balance Sheet Risk (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 (dollars in thousands): September 30, December 31, 2021 2020 Commitments to extend credit $ 184,217 $ 206,520 Financial and performance standby letters of credit 6,198 2,366 $ 190,415 $ 208,886

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies (Details) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)Loanshares	Sep. 30, 2020$ / sharesshares	Dec. 31, 2020USD ($)
Stock Repurchase Program [Abstract]
Number of shares repurchased (in shares) | shares	0	835,254
Average price of shares repurchased (in dollars per share) | $ / shares		$ 8.70
Legislative and Regulatory Developments [Abstract]
Gross loans	$ 928,048		$ 839,088
PPP Loans [Member]
Legislative and Regulatory Developments [Abstract]
Number of loans originated | Loan	73
Gross loans	$ 27,300

Recent Events, Including Merg_2

Recent Events, Including Mergers and Acquisitions (Details) $ in Millions	Oct. 06, 2021USD ($)
Cornerstone Bank [Member] | Subsequent Event [Member]
Recent Events, Including Mergers and Acquisitions [Abstract]
Cash consideration	$ 32

Restriction on Cash and Due f_2

Restriction on Cash and Due from Banks (Details) $ in Millions	Sep. 30, 2021USD ($)
Restriction on Cash and Due from Banks [Abstract]
Reserve funds to be maintained with Federal Reserve Bank	$ 0

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator [Abstract]
Net income		$ 6,264	$ 4,440	$ 17,473	$ 14,527
Denominator [Abstract]
Weighted-average shares outstanding for basic earnings per share (in shares)		9,052,718	9,228,128	9,051,112	9,483,540
Dilutive effect of stock compensation (in shares)	[1]	52,537	0	27,559	0
Denominator for diluted earnings per share (in shares)		9,105,255	9,228,128	9,078,671	9,483,540
Earnings per common share [Abstract]
Basic (in dollars per share)		$ 0.69	$ 0.48	$ 1.93	$ 1.53
Diluted (in dollars per share)		$ 0.69	$ 0.48	$ 1.92	$ 1.53
Nonqualified Stock Options [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)				264,000	185,250
Restricted Stock Units [Member]
Antidilutive securities [Abstract]
Antidilutive shares excluded from the calculation of earnings per share (in shares)					108,000
[1]	The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 264,000 and 185,250 as of September 30, 2021 and 2020, respectively; Restricted stock units of 108,000 for the nine months ended September 30, 2020.

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses, Summary of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Summary of loans [Abstract]
Gross loans	$ 928,048		$ 839,088
Less allowance for loan losses	(9,306)	$ (12,306)	(9,639)	$ (11,131)	$ (9,878)	$ (7,846)
Less deferred loan fees	(3,349)		(2,475)
Net loans	915,393		826,974
PPP Loans [Member]
Summary of loans [Abstract]
Gross loans	27,300
Construction & Development [Member]
Summary of loans [Abstract]
Gross loans	133,732		107,855
Less allowance for loan losses	(1,341)	(1,631)	(1,239)	(1,367)	(1,086)	(782)
1 - 4 Family Real Estate [Member]
Summary of loans [Abstract]
Gross loans	38,633		29,079
Less allowance for loan losses	(387)	(448)	(334)	(392)	(349)	(378)
Commercial Real Estate - Other [Member]
Summary of loans [Abstract]
Gross loans	291,583		290,489
Less allowance for loan losses	(2,924)	(4,109)	(3,337)	(3,560)	(3,358)	(3,025)
Commercial Real Estate [Member]
Summary of loans [Abstract]
Gross loans	463,948		427,423
Commercial & Industrial [Member]
Summary of loans [Abstract]
Gross loans	396,974		351,248
Less allowance for loan losses	(3,981)	(5,189)	(4,035)	(5,046)	(4,380)	(2,887)
Commercial & Industrial [Member] | PPP Loans [Member]
Summary of loans [Abstract]
Gross loans	27,300		44,900
Agricultural [Member]
Summary of loans [Abstract]
Gross loans	59,343		50,519
Less allowance for loan losses	(595)	(825)	(580)	(637)	(579)	(642)
Consumer [Member]
Summary of loans [Abstract]
Gross loans	7,783		9,898
Less allowance for loan losses	$ (78)	$ (104)	$ (114)	$ (129)	$ (126)	$ (132)

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	$ 12,306	$ 9,878	$ 9,639	$ 7,846
Charge-offs	(3,752)	(1)	(3,813)	(40)
Recoveries	2	4	155	25
Net (charge-offs) recoveries	(3,750)	3	(3,658)	(15)
Provision (credit) for loan losses	750	1,250	3,325	3,300
Balance, end of period	9,306	11,131	9,306	11,131
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	259		259		$ 177
Ending balance, collectively evaluated for impairment	9,047		9,047		9,462
Total	9,306	11,131	9,306	11,131	9,639
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	24,282		24,282		23,123
Ending balance, collectively evaluated for impairment	903,766		903,766		815,965
Total Loans	928,048		928,048		839,088
Construction & Development [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	1,631	1,086	1,239	782
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision (credit) for loan losses	(290)	281	102	585
Balance, end of period	1,341	1,367	1,341	1,367
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	1,341		1,341		1,239
Total	1,341	1,367	1,341	1,367	1,239
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	133,732		133,732		107,855
Total Loans	133,732		133,732		107,855
1 - 4 Family Real Estate [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	448	349	334	378
Charge-offs	0	0	0	0
Recoveries	0	0	0	2
Net (charge-offs) recoveries	0	0	0	2
Provision (credit) for loan losses	(61)	43	53	12
Balance, end of period	387	392	387	392
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	387		387		334
Total	387	392	387	392	334
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	38,633		38,633		29,079
Total Loans	38,633		38,633		29,079
Commercial Real Estate - Other [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	4,109	3,358	3,337	3,025
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision (credit) for loan losses	(1,185)	202	(413)	535
Balance, end of period	2,924	3,560	2,924	3,560
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	2,924		2,924		3,337
Total	2,924	3,560	2,924	3,560	3,337
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	14,647		14,647		8,054
Ending balance, collectively evaluated for impairment	276,936		276,936		282,435
Total Loans	291,583		291,583		290,489
Commercial & Industrial [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	5,189	4,380	4,035	2,887
Charge-offs	(3,750)	0	(3,750)	(39)
Recoveries	1	4	15	13
Net (charge-offs) recoveries	(3,749)	4	(3,735)	(26)
Provision (credit) for loan losses	2,541	662	3,681	2,185
Balance, end of period	3,981	5,046	3,981	5,046
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	259		259		177
Ending balance, collectively evaluated for impairment	3,722		3,722		3,858
Total	3,981	5,046	3,981	5,046	4,035
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	9,635		9,635		14,601
Ending balance, collectively evaluated for impairment	387,339		387,339		336,647
Total Loans	396,974		396,974		351,248
Agricultural [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	825	579	580	642
Charge-offs	0	0	0	0
Recoveries	0	0	138	10
Net (charge-offs) recoveries	0	0	138	10
Provision (credit) for loan losses	(230)	58	(123)	(15)
Balance, end of period	595	637	595	637
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	595		595		580
Total	595	637	595	637	580
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	0		0		468
Ending balance, collectively evaluated for impairment	59,343		59,343		50,051
Total Loans	59,343		59,343		50,519
Consumer [Member]
Activity in allowance for loan losses [Roll Forward]
Balance, beginning of period	104	126	114	132
Charge-offs	(2)	(1)	(63)	(1)
Recoveries	1	0	2	0
Net (charge-offs) recoveries	(1)	(1)	(61)	(1)
Provision (credit) for loan losses	(25)	4	25	(2)
Balance, end of period	78	129	78	129
Allowance Balance [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	78		78		114
Total	78	$ 129	78	$ 129	114
Gross Loans [Abstract]
Ending balance, individually evaluated for impairment	0		0		0
Ending balance, collectively evaluated for impairment	7,783		7,783		9,898
Total Loans	$ 7,783		$ 7,783		$ 9,898

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses, Loan Portfolio Based on Internal Rating Category (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	$ 928,048	$ 839,088
1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	852,850	773,365
2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	20,594	32,214
3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	30,322	10,386
4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	24,282	23,123
Construction & Development [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	133,732	107,855
Construction & Development [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	133,732	107,855
Construction & Development [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
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 Real Estate [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	38,633	29,079
1 - 4 Family Real Estate [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	38,633	28,711
1 - 4 Family Real Estate [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	368
1 - 4 Family Real Estate [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
1 - 4 Family Real Estate [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Commercial Real Estate - Other [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	291,583	290,489
Commercial Real Estate - Other [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	237,826	248,194
Commercial Real Estate - Other [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	14,976	24,155
Commercial Real Estate - Other [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	24,134	10,086
Commercial Real Estate - Other [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	14,647	8,054
Commercial & Industrial [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	396,974	351,248
Commercial & Industrial [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	375,851	328,656
Commercial & Industrial [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	5,618	7,691
Commercial & Industrial [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	5,870	300
Commercial & Industrial [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	9,635	14,601
Agricultural [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	59,343	50,519
Agricultural [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	59,025	50,051
Agricultural [Member] | 2 (Watch) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	0
Agricultural [Member] | 3 (Special Mention) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	318	0
Agricultural [Member] | 4 (Substandard) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	0	468
Consumer [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	7,783	9,898
Consumer [Member] | 1 (Pass) [Member]
Loans Portfolio based on Internal Rating [Abstract]
Gross loans	7,783	9,898
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	Sep. 30, 2021	Dec. 31, 2020
Past Due [Abstract]
Total Loans	$ 928,048	$ 839,088
Total Loans > 90 Days & Accruing	102	1,960
Past Due [Member]
Past Due [Abstract]
Total Loans	7,112	4,311
30-59 Days [Member]
Past Due [Abstract]
Total Loans	100	2,351
60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	7,012	1,960
Current [Member]
Past Due [Abstract]
Total Loans	920,936	834,777
Construction & Development [Member]
Past Due [Abstract]
Total Loans	133,732	107,855
Total Loans > 90 Days & Accruing	0	0
Construction & Development [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	0	714
Construction & Development [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	0	714
Construction & Development [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Construction & Development [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Construction & Development [Member] | Current [Member]
Past Due [Abstract]
Total Loans	133,732	107,141
1 - 4 Family Real Estate [Member]
Past Due [Abstract]
Total Loans	38,633	29,079
Total Loans > 90 Days & Accruing	0	0
1 - 4 Family Real Estate [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	0	0
1 - 4 Family Real Estate [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	0	0
1 - 4 Family Real Estate [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
1 - 4 Family Real Estate [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	0	0
1 - 4 Family Real Estate [Member] | Current [Member]
Past Due [Abstract]
Total Loans	38,633	29,079
Commercial Real Estate - Other [Member]
Past Due [Abstract]
Total Loans	291,583	290,489
Total Loans > 90 Days & Accruing	0	1,960
Commercial Real Estate - Other [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	0	3,404
Commercial Real Estate - Other [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	0	1,444
Commercial Real Estate - Other [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Commercial Real Estate - Other [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	0	1,960
Commercial Real Estate - Other [Member] | Current [Member]
Past Due [Abstract]
Total Loans	291,583	287,085
Commercial & Industrial [Member]
Past Due [Abstract]
Total Loans	396,974	351,248
Total Loans > 90 Days & Accruing	0	0
Commercial & Industrial [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	6,910	0
Commercial & Industrial [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Commercial & Industrial [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Commercial & Industrial [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	6,910	0
Commercial & Industrial [Member] | Current [Member]
Past Due [Abstract]
Total Loans	390,064	351,248
Agricultural [Member]
Past Due [Abstract]
Total Loans	59,343	50,519
Total Loans > 90 Days & Accruing	102	0
Agricultural [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	102	0
Agricultural [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Agricultural [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Agricultural [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	102	0
Agricultural [Member] | Current [Member]
Past Due [Abstract]
Total Loans	59,241	50,519
Consumer [Member]
Past Due [Abstract]
Total Loans	7,783	9,898
Total Loans > 90 Days & Accruing	0	0
Consumer [Member] | Past Due [Member]
Past Due [Abstract]
Total Loans	100	193
Consumer [Member] | 30-59 Days [Member]
Past Due [Abstract]
Total Loans	100	193
Consumer [Member] | 60-89 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Consumer [Member] | Greater than 90 Days [Member]
Past Due [Abstract]
Total Loans	0	0
Consumer [Member] | Current [Member]
Past Due [Abstract]
Total Loans	$ 7,683	$ 9,705

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses, Impaired Loans and TDR's (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)Contract	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Impaired Loans [Abstract]
Unpaid principal balance	$ 31,282,000		$ 31,282,000		$ 27,203,000
Recorded investment with no allowance	24,022,000		24,022,000		22,946,000
Recorded investment with an allowance	259,000		259,000		177,000
Total recorded investment	24,282,000		24,282,000		23,123,000
Related allowance	259,000		259,000		177,000
Average recorded investment	27,031,000	$ 35,523,000	24,904,000	$ 30,706,000
Interest income recognized	292,000	1,101,000	1,115,000	1,625,000
Troubled Debt Restructurings [Abstract]
TDR loans impaired	8,360,000		$ 8,360,000		12,980,000
Newly modified troubled-debt restructurings | Contract			0
Troubled debt restructurings modified 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
1 - 4 Family Real Estate [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	1,133,000	0	3,732,000
Interest income recognized	0	15,000	0	47,000
Commercial Real Estate - Other [Member]
Impaired Loans [Abstract]
Unpaid principal balance	14,647,000		14,647,000		8,353,000
Recorded investment with no allowance	14,647,000		14,647,000		8,054,000
Recorded investment with an allowance	0		0		0
Total recorded investment	14,647,000		14,647,000		8,054,000
Related allowance	0		0		0
Average recorded investment	14,700,000	5,160,000	10,989,000	2,121,000
Interest income recognized	228,000	144,000	682,000	274,000
Commercial & Industrial [Member]
Impaired Loans [Abstract]
Unpaid principal balance	16,635,000		16,635,000		18,082,000
Recorded investment with no allowance	9,375,000		9,375,000		14,424,000
Recorded investment with an allowance	259,000		259,000		177,000
Total recorded investment	9,635,000		9,635,000		14,601,000
Related allowance	259,000		259,000		177,000
Average recorded investment	12,331,000	26,549,000	13,658,000	21,780,000
Interest income recognized	64,000	996,000	433,000	1,317,000
Troubled Debt Restructurings [Abstract]
TDR loans impaired	6,900,000		6,900,000		10,900,000
Agricultural [Member]
Impaired Loans [Abstract]
Unpaid principal balance	0		0		768,000
Recorded investment with no allowance	0		0		468,000
Recorded investment with an allowance	0		0		0
Total recorded investment	0		0		468,000
Related allowance	0		0		0
Average recorded investment	0	2,681,000	215,000	1,483,000
Interest income recognized	0	(54,000)	0	(13,000)
Troubled Debt Restructurings [Abstract]
TDR loans impaired					469,000
Consumer [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	42,000	1,590,000
Interest income recognized	0	$ 0	0	$ 0
Commercial Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR loans impaired	$ 1,500,000		$ 1,500,000		$ 1,600,000

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses, Information Regarding Nonperforming Assets (Details)		9 Months Ended
		Sep. 30, 2021USD ($)Loan	Dec. 31, 2020USD ($)
Nonperforming Assets [Abstract]
Nonaccrual loans		$ 9,819,000	$ 14,575,000
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		102,000	1,960,000
Total nonperforming loans		9,921,000	16,535,000
TDR loans impaired		$ 8,360,000	12,980,000
COVID-19 [Member]
Nonperforming Assets [Abstract]
Number of loans modified that were not considered troubled debt restructurings | Loan		1
Amount of loans modified that were not considered troubled debt restructurings		$ 3,100,000
Construction & Development [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		0	0
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		0	0
Total nonperforming loans		0	0
1 - 4 Family Real Estate [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		0	0
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		0	0
Total nonperforming loans		0	0
Commercial Real Estate - Other [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		2,650,000	3,043,000
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		0	1,960,000
Total nonperforming loans		2,650,000	5,003,000
Commercial & Industrial [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		7,169,000	11,063,000
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		0	0
Total nonperforming loans		7,169,000	11,063,000
TDR loans impaired		6,900,000	10,900,000
Agricultural [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		0	469,000
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		102,000	0
Total nonperforming loans		102,000	469,000
TDR loans impaired			469,000
Consumer [Member]
Nonperforming Assets [Abstract]
Nonaccrual loans		0	0
Troubled-debt restructurings	[1]	0	0
Accruing loans 90 or more days past due		0	0
Total nonperforming loans		$ 0	$ 0
[1]	$8.36 million and $12.98 million of TDRs as of September 30, 2021 and December 31, 2020, respectively, are included in the nonaccrual loans balance in the line above.

Shareholders' Equity, Repurchas

Shareholders' Equity, Repurchase Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 02, 2020	Mar. 13, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Oct. 28, 2021	Dec. 31, 2020	Sep. 05, 2019
Stock Repurchase Program [Abstract]
Number of shares repurchased (in shares)					0	835,254
Average price of shares repurchased (in dollars per share)						$ 8.70
Gross loans			$ 928,048		$ 928,048			$ 839,088
PPP Loans [Member]
Stock Repurchase Program [Abstract]
Gross loans			$ 27,300		$ 27,300
Repurchase Plan [Member]
Stock Repurchase Program [Abstract]
Number of shares authorized to purchase (in shares)	1,750,000								500,000
Number of shares approved for expansion to the existing stock (in shares)	750,000	500,000
Number of shares repurchased (in shares)			0	38,160	0	835,254
Average price of shares repurchased (in dollars per share)			$ 0	$ 8.96	$ 0	$ 8.56
Shares remaining to be repurchased (in shares)			0	164,746	0	164,746
New Repurchase Plan [Member] | Subsequent Event [Member]
Stock Repurchase Program [Abstract]
Number of shares authorized to purchase (in shares)							750,000

Shareholders' Equity, Actual Ca

Shareholders' Equity, Actual Capital Amounts and Ratios (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk-weighted assets, actual amount	$ 130,228	$ 115,375
Total capital to risk-weighted assets, actual ratio	0.1480	0.1473
Total capital to risk-weighted assets, minimum capital requirements amount	$ 70,389	$ 62,641
Total capital to risk-weighted assets, minimum capital requirements ratio	0.0800	0.0800
Total capital to risk-weighted assets, capital conservation buffer amount	$ 92,386	$ 82,216
Total capital to risk-weighted assets, capital conservation buffer ratio	0.1050	0.1050
Tier I capital to risk-weighted assets, actual amount	$ 120,922	$ 105,736
Tier I capital to risk-weighted assets, actual ratio	0.1374	0.1350
Tier I capital to risk-weighted assets, minimum capital requirements amount	$ 52,792	$ 46,981
Tier I capital to risk-weighted assets, minimum capital requirements ratio	0.0600	0.0600
Tier I capital to risk-weighted assets, minimum capital conservation buffer amount	$ 74,789	$ 66,556
Tier I capital to risk-weighted assets, minimum capital conservation buffer ratio	0.0850	0.0850
CET I capital to risk-weighted assets, actual amount	$ 120,922	$ 105,736
CET I capital to risk-weighted assets, actual ratio	0.1374	0.1350
CET I capital to risk-weighted assets, minimum capital requirements amount	$ 39,594	$ 35,236
CET I capital to risk-weighted assets, minimum capital requirements ratio	0.0450	0.0450
CET I capital to risk-weighted assets, capital conservation buffer amount	$ 61,591	$ 54,811
CET I capital to risk-weighted assets, capital conservation buffer ratio	0.0700	0.0700
Tier I capital to average assets, actual amount	$ 120,922	$ 105,736
Tier I capital to average assets, actual ratio	0.1150	0.1078
Tier I capital to average assets, minimum capital requirements amount	$ 42,071	$ 39,218
Tier I capital to average assets, minimum capital requirements ratio	0.0400	0.0400
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk-weighted assets, actual amount	$ 130,228	$ 115,335
Total capital to risk-weighted assets, actual ratio	0.1482	0.1475
Total capital to risk-weighted assets, minimum capital requirements amount	$ 70,308	$ 62,563
Total capital to risk-weighted assets, minimum capital requirements ratio	0.0800	0.0800
Total capital to risk-weighted assets, capital conservation buffer amount	$ 92,280	$ 82,114
Total capital to risk-weighted assets, capital conservation buffer ratio	0.1050	0.1050
Total capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action amount	$ 87,886	$ 78,204
Total capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action ratio	0.1000	0.1000
Tier I capital to risk-weighted assets, actual amount	$ 120,922	$ 105,696
Tier I capital to risk-weighted assets, actual ratio	0.1376	0.1351
Tier I capital to risk-weighted assets, minimum capital requirements amount	$ 52,731	$ 46,922
Tier I capital to risk-weighted assets, minimum capital requirements ratio	0.0600	0.0600
Tier I capital to risk-weighted assets, minimum capital conservation buffer amount	$ 74,703	$ 66,473
Tier I capital to risk-weighted assets, minimum capital conservation buffer ratio	0.0850	0.0850
Tier I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action amount	$ 70,308	$ 62,563
Tier I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action ratio	0.0800	0.0800
CET I capital to risk-weighted assets, actual amount	$ 120,922	$ 105,696
CET I capital to risk-weighted assets, actual ratio	0.1376	0.1351
CET I capital to risk-weighted assets, minimum capital requirements amount	$ 39,549	$ 35,192
CET I capital to risk-weighted assets, minimum capital requirements ratio	0.0450	0.0450
CET I capital to risk-weighted assets, capital conservation buffer amount	$ 61,520	$ 54,743
CET I capital to risk-weighted assets, capital conservation buffer ratio	0.0700	0.0700
CET I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action amount	$ 57,126	$ 50,832
CET I capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action ratio	0.0650	0.0650
Tier I capital to average assets, actual amount	$ 120,922	$ 105,696
Tier I capital to average assets, actual ratio	0.1151	0.1078
Tier I capital to average assets, minimum capital requirements amount	$ 42,030	$ 39,233
Tier I capital to average assets, minimum capital requirements ratio	0.0400	0.0400
Tier I capital to average assets, minimum to be well capitalized under prompt corrective action amount	$ 52,538	$ 49,041
Tier I capital to average assets, minimum to be well capitalized under prompt corrective action ratio	0.0500	0.0500

Shareholders' Equity, Payout Re

Shareholders' Equity, Payout Restrictions Based on Capital Conservation Buffer (Details) $ in Millions	Sep. 30, 2021USD ($)
Shareholders' Equity [Abstract]
Retained earnings available for dividend declaration	$ 31.8

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Summary of Loans [Roll Forward]
Balance Beginning of the Period			$ 0	$ 1,055,000	$ 1,055,000
Additions			0		0
Collections/ Terminations			0		(1,055,000)
Balance End of the Period	$ 0		0		$ 0
Haines Realty Investments Company, LLC [Member]
Sale of subsidiary [Abstract]
Lease expense	$ 45,000	$ 46,000	$ 137,000	$ 138,000

Employee Benefits (Details)

Employee Benefits (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Employee Benefits [Abstract]
Percentage of employee's compensation matched by company			5.00%
Defined benefit plan, employer contribution	$ 63,000	$ 58,000	$ 204,000	$ 173,000
Share-based Compensation [Abstract]
Net compensation expense			604,000	569,000
Incentive Plan [Member]
Share-based Compensation [Abstract]
Compensation expenses	279,000	$ 198,000	784,000	$ 569,000
Net settlement of shares for payroll withholding at statutory rate	148,000		180,000
Net compensation expense	$ 131,000		$ 604,000
Shares available for future grants (in shares)	690,800		690,800
Unearned stock-based compensation expense [Abstract]
Risk-free interest rate			0.52%	1.71%
Dividend yield			2.89%	2.20%
Stock price volatility			66.67%	41.27%
Expected term			6 years 4 months 28 days	7 years 6 months 3 days
Incentive Plan [Member] | RSUs [Member]
Share-based Compensation [Abstract]
Unrecognized compensation expense	$ 1,700,000		$ 1,700,000
Period for recognition of compensation cost not yet recognized			2 years 6 months 10 days
Restricted Stock Units [Roll Forward]
Outstanding, beginning of the period (in shares)			118,000
Shares granted (in shares)			25,200
Shares vested (in shares)			(33,582)
Shares forfeited (in shares)			0
Outstanding, end of the period (in shares)	109,618		109,618
Weighted Average Grant Date Fair Value [Abstract]
Outstanding, beginning of period (in dollars per share)			$ 18.09
Shares granted (in dollars per share)			14.31
Shares settled (in dollars per share)			18.85
Shares forfeited (in dollars per share)			0
Outstanding, end of period (in dollars per share)	$ 16.99		$ 16.99
Incentive Plan [Member] | Stock Option [Member]
Share-based Compensation [Abstract]
Vesting period			4 years
Unrecognized compensation expense	$ 668,106		$ 668,106
Unvested and/or unexercised stock options (in shares)	264,000		264,000
Period for recognition of compensation cost not yet recognized			2 years 8 months 1 day
Stock Option Activity [Roll Forward]
Outstanding at beginning of period (in shares)			185,250
Options granted (in shares)			80,500
Options exercised (in shares)			0
Options forfeited (in shares)			(1,750)
Outstanding at end of period (in shares)	264,000		264,000
Exercisable at end of period (in shares)	121,932		121,932
Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning of period (in dollars per share)			$ 18.73
Options granted (in dollars per share)			14.31
Options exercised (in dollars per share)			0
Options forfeited (in dollars per share)			14.31
Outstanding at end of period (in dollars per share)	$ 17.41		17.41
Exercisable at end of period (in dollars per share)	$ 18.82		$ 18.82
Options, Additional Disclosures [Abstract]
Weighted average remaining contractual term, Outstanding			7 years 9 months 21 days
Weighted average remaining contractual term, Exercisable			7 years 25 days
Aggregate intrinsic value, Outstanding	$ 316,605,000		$ 316,605,000
Aggregate intrinsic value, Exercisable	$ 3,525,000		$ 3,525,000
Incentive Plan [Member] | Tranche One [Member] | RSUs [Member]
Share-based Compensation [Abstract]
Vesting period			1 year
Incentive Plan [Member] | Tranche Two [Member] | RSUs [Member]
Share-based Compensation [Abstract]
Vesting period			3 years
Incentive Plan [Member] | Tranche Three [Member] | RSUs [Member]
Share-based Compensation [Abstract]
Vesting period			5 years

Disclosures About Fair Value _3

Disclosures About Fair Value of Assets and Liabilities, Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
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)	6,910	11,358
Level 1 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	0	0
Level 2 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	0	0
Level 3 [Member] | Nonrecurring Basis [Member]
Asset measured at fair value on nonrecurring basis [Abstract]
Impaired loans (collateral-dependent)	$ 6,910	$ 11,358

Disclosures About Fair Value _4

Disclosures About Fair Value of Assets and Liabilities, Quantitative Information (Details) - Nonrecurring Basis [Member] $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	$ 6,910	$ 11,358
Level 3 [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans	$ 6,910	$ 11,358
Level 3 [Member] | Appraisals from Comparable Properties [Member] | Estimated Cost to Sell [Member]
Quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements [Abstract]
Collateral-dependent impaired loans, measurement input	0.25
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
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

Disclosures About Fair Value _5

Disclosures About Fair Value of Assets and Liabilities, Financial Instruments not Recorded at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Carrying Amount [Member]
Financial Assets [Abstract]
Cash and due from banks	$ 205,762	$ 153,901
Interest-bearing time deposits in other banks	5,229	16,412
Loans, net of allowance	915,393	826,974
Mortgage loans held for sale	1,002	324
Nonmarketable equity securities	1,193	1,172
Interest receivable	4,173	4,365
Financial Liabilities [Abstract]
Deposits	1,018,374	905,514
Interest payable	182	286
Fair Value [Member]
Financial Assets [Abstract]
Cash and due from banks	205,762	153,901
Interest-bearing time deposits in other banks	5,229	16,412
Loans, net of allowance	914,668	826,581
Mortgage loans held for sale	1,002	324
Nonmarketable equity securities	1,193	1,172
Interest receivable	4,173	4,365
Financial Liabilities [Abstract]
Deposits	1,017,647	904,928
Interest payable	182	286
Fair Value [Member] | Level 1 [Member]
Financial Assets [Abstract]
Cash and due from banks	205,762	153,901
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	5,229	16,412
Loans, net of allowance	907,758	815,223
Mortgage loans held for sale	1,002	324
Nonmarketable equity securities	1,193	1,172
Interest receivable	4,173	4,365
Financial Liabilities [Abstract]
Deposits	1,017,647	904,928
Interest payable	182	286
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	6,910	11,358
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	Sep. 30, 2021	Dec. 31, 2020
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	$ 190,415	$ 208,886
Commitments to Extend Credit [Member]
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	184,217	206,520
Financial and Performance Standby Letters of Credit [Member]
Financial instruments, off-balance sheet credit risk [Abstract]
Financial instruments, off-balance sheet credit risk	$ 6,198	$ 2,366

Significant Estimates and Con_2

Significant Estimates and Concentrations (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Significant Estimates of Loans [Abstract]
Outstanding balance	$ 928,048	$ 839,088
Goodwill	1,000
Hospitality Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	47,200
Hospitality Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Outstanding balance	$ 188,000
Hospitality Loans [Member] | Gross Loans [Member] | Product Concentration Risk [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	20.00%
Energy Loans [Member]
Significant Estimates of Loans [Abstract]
Unfunded commitments	$ 10,600
Energy Loans [Member] | Gross Loans [Member]
Significant Estimates of Loans [Abstract]
Outstanding balance	$ 119,400
Energy Loans [Member] | Gross Loans [Member] | Product Concentration Risk [Member]
Significant Estimates of Loans [Abstract]
Percentage of gross loans	13.00%