Colony Bankcorp (CBAN) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Cover page

Cover page - shares	6 Months Ended
	Jun. 30, 2020	Aug. 07, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	000-12436
Entity Registrant Name	COLONY BANKCORP, INC.
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-1492391
Entity Address, Address Line One	115 South Grant Street
Entity Address, City or Town	Fitzgerald
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	31750
City Area Code	229
Local Phone Number	426-6000
Title of 12(b) Security	Common Stock, Par Value $1.00 per share
Trading Symbol	CBAN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		9,498,783
Entity Central Index Key	0000711669
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 17,313	$ 15,570
Interest-bearing deposits in banks	173,733	88,522
Cash and cash equivalents	191,046	104,092
Investment securities available for sale, at fair value	373,610	347,332
Other investments, at cost	3,954	4,288
Loans held for sale	16,537	10,076
Loans	1,113,977	968,814
Allowance for loan losses	(10,289)	(6,863)
Loans, net	1,103,688	961,951
Premises and equipment	33,276	32,482
Other real estate	1,769	1,320
Goodwill	15,992	16,477
Other intangible assets	2,678	3,056
Bank-owned life insurance	21,963	21,629
Other assets	13,055	12,610
Total assets	1,777,568	1,515,313
Deposits
Noninterest-bearing	328,850	232,635
Interest-bearing	1,092,908	1,061,107
Total deposits	1,421,758	1,293,742
Federal Home Loan Bank advances	36,500	47,000
Paycheck Protection Program Liquidity Facility	134,500	0
Other borrowings	38,292	38,792
Other liabilities	7,924	5,273
Total liabilities	1,638,974	1,384,807
Stockholders' equity:
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of June 30, 2020 and December 31, 2019, respectively	0	0
Common stock, par value $1.00 per share; 20,000,000 shares authorized, 9,498,783 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	9,499	9,499
Paid in capital	43,199	43,667
Retained earnings	78,895	76,978
Accumulated other comprehensive income, net of tax	7,001	362
Total stockholders' equity	138,594	130,506
Total liabilities and stockholders' equity	$ 1,777,568	$ 1,515,313

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred Stock, No Par Value (in dollars per share)	$ 0	$ 0
Preferred Stock, Shares Authorized (in shares)	10,000,000	10,000,000
Preferred Stock, Shares Issued (in shares)	0	0
Preferred Stock, Shares Outstanding (in shares)	0	0
Common Stock, Par Value (in dollars per share)	$ 1	$ 1
Common Stock, Shares Authorized (in shares)	20,000,000	20,000,000
Common Stock, Shares, Issued (in shares)	9,498,783	9,498,783
Common Stock, Shares, Outstanding (in shares)	9,498,783	9,498,783

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest Income
Loans, including fees	$ 13,699	$ 12,313	$ 26,989	$ 22,783
Investment securities	1,794	2,416	3,788	4,624
Deposits with other banks and short term investments	48	369	332	704
Total interest income	15,541	15,098	31,109	28,111
Interest expense
Deposits	1,403	2,632	3,621	4,754
Federal Home Loan Bank Advances	211	246	468	506
Paycheck Protection Program Liquidity Facility	87	0	87	0
Other borrowings	299	395	688	669
Total interest expense	2,000	3,273	4,864	5,929
Net interest income	13,541	11,825	26,245	22,182
Provision for loan losses	2,200	179	4,156	310
Net interest income after provision for loan losses	11,341	11,646	22,089	21,872
Noninterest income
Gain on sale of SBA loans	46	0	256	0
Gain on sale of securities	0	65	293	65
Other	562	1,211	791	1,538
Total noninterest income	4,843	4,000	9,404	6,334
Noninterest Expenses
Salaries and employee benefits	7,729	6,292	15,227	11,663
Occupancy and equipment	1,316	1,144	2,634	2,169
Acquisition related expenses	220	1,928	507	1,961
Other	4,110	3,650	8,385	6,247
Total noninterest expense	13,375	13,014	26,753	22,040
Income before income taxes	2,809	2,632	4,740	6,166
Income taxes	595	531	923	1,230
Net income	$ 2,214	$ 2,101	$ 3,817	$ 4,936
Net income per share of common stock
Basic (in dollars per share)	$ 0.23	$ 0.23	$ 0.40	$ 0.56
Diluted (in dollars per share)	0.23	0.23	0.40	0.56
Cash dividends paid per share of common stock (in dollars per share)	$ 0.10	$ 0.075	$ 0.20	$ 0.15
Weighted average basic shares outstanding (in shares)	9,498,783	9,089,461	9,498,783	8,764,909
Weighted average diluted shares outstanding (in shares)	9,498,783	9,089,461	9,498,783	8,764,909
Service charges on deposits
Noninterest income
Non interest revenue from banking services	$ 886	$ 1,070	$ 2,190	$ 2,034
Other service charges, commissions and fees
Noninterest income
Non interest revenue from banking services	1,522	1,110	2,785	2,010
Mortgage fee income
Noninterest income
Non interest revenue from banking services	$ 1,827	$ 544	$ 3,089	$ 687

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 2,214	$ 2,101	$ 3,817	$ 4,936
Other comprehensive income:
Unrealized gains on securities arising during the period	2,195	6,720	8,697	10,724
Tax effect	(461)	(1,411)	(1,827)	(2,252)
Realized (gains) on sale of available for sale securities	0	(65)	(293)	(65)
Tax effect	0	14	62	14
Change in unrealized gains on securities available for sale, net of reclassification adjustment and tax effects	1,734	5,258	6,639	8,421
Comprehensive income	$ 3,948	$ 7,359	$ 10,456	$ 13,357

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Dec. 31, 2018		8,445
Beginning Balance at Dec. 31, 2018	$ 95,692	$ 8,445	$ 25,978	$ 69,459	$ (8,190)
Change in net unrealized gains on securities available for sale, net of reclassification adjustment and tax effects	$ 8,421				8,421
Common Stock, Dividends, Per Share, Cash Paid	$ 0.15
Dividends on common shares	$ (1,266)			(1,266)
Issuance of common stock (in shares)		1,054
Issuance of common stock	18,709	$ 1,054	17,655
Stock-based compensation expense	17		17
Net income	4,936			4,936
Ending Balance (in shares) at Jun. 30, 2019		9,499
Ending Balance at Jun. 30, 2019	126,509	$ 9,499	43,650	73,129	231
Beginning Balance (in shares) at Mar. 31, 2019		8,445
Beginning Balance at Mar. 31, 2019	101,066	$ 8,445	25,987	71,661	(5,027)
Change in net unrealized gains on securities available for sale, net of reclassification adjustment and tax effects	$ 5,258				5,258
Common Stock, Dividends, Per Share, Cash Paid	$ 0.075
Dividends on common shares	$ (633)			(633)
Issuance of common stock (in shares)		1,054
Issuance of common stock	18,709	$ 1,054	17,655
Stock-based compensation expense	8		8
Net income	2,101			2,101
Ending Balance (in shares) at Jun. 30, 2019		9,499
Ending Balance at Jun. 30, 2019	126,509	$ 9,499	43,650	73,129	231
Beginning Balance (in shares) at Dec. 31, 2019		9,499
Beginning Balance at Dec. 31, 2019	130,506	$ 9,499	43,667	76,978	362
Change in net unrealized gains on securities available for sale, net of reclassification adjustment and tax effects	$ 6,639				6,639
Common Stock, Dividends, Per Share, Cash Paid	$ 0.20
Dividends on common shares	$ (1,900)			(1,900)
Goodwill adjustment	(485)		(485)
Stock-based compensation expense	17		17
Net income	3,817			3,817
Ending Balance (in shares) at Jun. 30, 2020		9,499
Ending Balance at Jun. 30, 2020	138,594	$ 9,499	43,199	78,895	7,001
Beginning Balance (in shares) at Mar. 31, 2020		9,499
Beginning Balance at Mar. 31, 2020	136,072	$ 9,499	43,675	77,631	5,267
Change in net unrealized gains on securities available for sale, net of reclassification adjustment and tax effects	$ 1,734				1,734
Common Stock, Dividends, Per Share, Cash Paid	$ 0.10
Dividends on common shares	$ (950)			(950)
Stock-based compensation expense	9		9
Net income	2,214			2,214
Ending Balance (in shares) at Jun. 30, 2020		9,499
Ending Balance at Jun. 30, 2020	$ 138,594	$ 9,499	$ 43,199	$ 78,895	$ 7,001

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating Activities
Net income	$ 3,817	$ 4,936
Adjustments reconciling net income to net cash provided by operating activities:
Provision for loan losses	4,156	310
Depreciation, amortization, and accretion	2,042	1,386
Share-based compensation expense	17	17
Gain on sale of securities	(293)	(65)
Gain on sale of SBA loans	(256)	0
Loss on sale of other real estate	(98)	(833)
Loss on sale of premises & equipment	104	149
Originations of loans held for sale	(83,007)	(13,404)
Proceeds from sales of loans held for sale	76,802	9,591
Change in bank-owned life insurance	(334)	219
Change in other assets	(2,210)	1,031
Change in other liabilities	2,651	616
Net cash provided by operating activities	3,391	3,953
Investing Activities
Purchases of investment securities available for sale	(79,988)	(82,057)
Proceeds from maturities, calls, and paydowns of investment securities available for sale	46,302	27,373
Proceeds from sale of investment securities available for sale	15,314	56,821
Proceeds from sale of investment securities held to maturity	0	1,766
Net loans	(147,129)	(23,474)
Purchase of premises and equipment	(2,011)	(2,576)
Proceeds from sale of other real estate	1,125	2,143
Redemption of Federal Home Loan Bank Stock	334	195
Proceeds from sale of premises and equipment	0	37
Net cash and cash equivalents paid in acquisition	0	(467)
Net cash (used in) investing activities	(166,053)	(20,239)
Financing Activities
Increase in noninterest-bearing customer deposits	96,215	8,017
Increase in interest-bearing customer deposits	31,801	14,728
Dividends paid for common stock	(1,900)	(1,266)
Issuance of Paycheck Protection Program Liquidity Fund	134,500	0
Payments on Federal Home Loan Bank Advances	(24,500)	(5,000)
Proceeds from Federal Home Loan Bank Advances	14,000	0
Payments on Other borrowings	(500)	(250)
Proceeds from Other borrowings	0	15,313
Net cash provided by financing activities	249,616	31,542
Net increase in cash and cash equivalents	86,954	15,256
Cash and cash equivalents at beginning of period	104,092	60,156
Cash and cash equivalents at end of period	191,046	75,412
Supplemental Disclosure of Cash Flow Information
Cash paid during the period for interest	5,179	5,459
Cash paid during the period for income taxes	0	0
Goodwill adjustment	485	0
Acquisition of real estate through foreclosure	$ 1,476	$ 245

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Apr. 22, 2020	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Dividends on common shares (in dollars per share)					$ 0.10
Common Stock, Dividends, Per Share, Cash Paid	$ 0.10	$ 0.075	$ 0.20	$ 0.15
Stockholders' Equity Attributable to Parent	$ 138,594	$ 126,509	$ 138,594	$ 126,509		$ 136,072	$ 130,506	$ 101,066	$ 95,692

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Presentation Colony Bankcorp, Inc. (the “Company”) is a bank holding company located in Fitzgerald, Georgia. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Colony Bank, Fitzgerald, Georgia (the “Bank”). The “Company” or “our,” as used herein, includes Colony Bank. In July 2019, a new subsidiary of the Company was incorporated under the name Colony Risk Management, Inc. Colony Risk Management, Inc. is a subsidiary of the Company and is located in Las Vegas, Nevada. It is a captive insurance subsidiary which insures various liability and property damage policies for the Company and its related subsidiaries. Colony Risk Management is regulated by the State of Nevada Division of Insurance. All adjustments consisting of normal recurring accruals which are, in the opinion of management, necessary for fair presentation of the interim consolidated financial statements, have been included and fairly and accurately present the financial position, results of operations and cash flows of the Company. All significant intercompany accounts have been eliminated in consolidation. The accounting and reporting policies of the Company conform to generally accepted accounting principles and practices utilized in the commercial banking industry for interim financial information and Regulation S-X. Accordingly, the accompanying unaudited interim consolidated financial statements do not include all of the information or notes required for complete financial statements. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results which may be expected for the year ending December 31, 2020. These statements should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2019 (“2019 10-K”). Nature of Operations The Bank provides a full range of retail, commercial and mortgage banking services for consumers and small- to medium-size businesses located primarily in central, south and coastal Georgia. The Bank is headquartered in Fitzgerald, Georgia with banking and mortgage offices in Albany, Ashburn, Athens, Broxton, Centerville, Columbus, Cordele, Douglas, Eastman, Fitzgerald, LaGrange, Leesburg, Macon, Moultrie, Quitman, Rochelle, Savannah, Soperton, Sylvester, Statesboro, Thomaston, Tifton, Valdosta and Warner Robins. Lending and investing activities are funded primarily by deposits gathered through its retail banking office network. Use of Estimates In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet date and revenues and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans and fair value of assets acquired and liabilities assumed in a business combination, including goodwill impairment. Reclassifications In certain instances, amounts reported in prior years’ consolidated financial statements have been reclassified to conform to statement presentations selected for 2020. Such reclassifications have not materially affected previously reported stockholders’ equity or net income. Concentrations of Credit Risk Concentrations of credit risk can exist in relation to individual borrowers or groups of borrowers, certain types of collateral, certain types of industries, or certain geographic regions. The Company has a concentration in real estate loans as well as a geographic concentration that could pose an adverse credit risk. At June 30, 2020, approximately 86% of the Company’s loan portfolio was concentrated in loans secured by real estate. A substantial portion of borrowers’ ability to honor their contractual obligations is dependent upon the viability of the real estate economic sector. Management continues to monitor these concentrations and has considered these concentrations in its allowance for loan loss analysis. The success of the Company is dependent, to a certain extent, upon the economic conditions in the geographic markets it serves. Adverse changes in the economic conditions in these geographic markets would likely have a material adverse effect on the Company’s results of operations and financial condition. The operating results of the Company depend primarily on its net interest income. Accordingly, operations are subject to risks and uncertainties surrounding the exposure to changes in the interest rate environment. At times, the Company may have cash and cash equivalents at financial institutions in excess of federal deposit insurance limits. The Company places its cash and cash equivalents with high credit quality financial institutions whose credit ratings are monitored by management to minimize credit risk. Changes in Accounting Principles and Effects of New Accounting Pronouncements ASU 2016-13, Financial Instruments – Credit Losses (Topic 326). This ASU sets forth a “current expected credit loss” (CECL) model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supported forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. On October 16, 2019, FASB voted to extend the delay of the effective date of this ASU for smaller reporting companies, such as the Company, until fiscal years beginning after December 15, 2022. The Company is currently assessing the impact of the adoption of this ASU on its consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This update removes several exceptions related to intraperiod tax allocation when there is a loss from continuing operations and income from other items, foreign subsidiaries becoming equity method investments and vice versa, and calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. The guidance also amends requirements related to franchise tax that is partially based on income, a step up in the tax basis of goodwill, allocation of consolidated tax expense to a legal entity not subject to tax in its separate financial statements, the effects of enacted changes in tax laws and other minor codification improvements regarding employee stock ownership plans and investments in qualified affordable housing projects. For public entities, this guidance is effective for fiscal years beginning after December 15, 2020. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In January 2020, the FASB issued ASU No. 2020-01, "Investments—Equity Securities (Topic 321), Investments—Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)—Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force)". This update clarifies whether an entity should consider observable transactions that require it to either apply or discontinue the equity method of accounting for the purposes of applying the measurement alternative and how to account for certain forward contracts and purchased options to purchase securities. For public entities, this guidance is effective for fiscal years beginning after December 15, 2020. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04 "Reference Reform (Topic 848) Facilitation of the Effects of Reference Rate Reform on Financial Reporting" ("ASU 2020-04"). ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of ) reference rate reform on financial reporting. The amendments are effective for the Company as of March 12, 2020 through December 31, 2022. The Company does not believe this standard will have a material impact on its consolidated financial statements. Operating, Accounting and Reporting Considerations Related to COVID-19 The COVID-19 pandemic has negatively impacted the global economy, including the Company’s primary metropolitan markets. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act provides an estimated $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: • Paycheck Protection Program - The CARES Act established the Paycheck Protection Program “PPP”), an expansion of the Small Business Administration’s 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that 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 TDRs. This includes short-term (e.g., three months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment, as long as such modifications are (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 declaration or (b) December 31, 2020. • Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due reporting during the period of the deferral. • Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. As such, beginning in late March 2020, the Company provided relief programs consisting primarily of 90-day payment deferral relief of principal and interest to borrowers negatively impacted by COVID-19 and has accounted for these loan modifications in accordance with ASC 310-40. In addition, the Company also provided principal only payment deferral relief to borrowers of which interest income has been recognized during the deferment period on these interest-only loans.

Business Acquisitions

Business Acquisitions	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Business Acquisitions	Business Acquisitions Acquisition of LBC Bancshares, Inc. On May 1, 2019, the Company completed its acquisition of LBC Bancshares, Inc. (“LBC”), a bank holding company headquartered in LaGrange, Georgia. Upon consummation of the acquisition, LBC was merged with and into the Company, with Colony as the surviving entity in the merger. At that time, LBC’s wholly owned bank subsidiary, Calumet Bank, was also merged with and into the Bank. The acquisition expanded the Company’s market presence, as Calumet Bank had two full-service banking locations, one each in LaGrange, Georgia and Columbus, Georgia, as well as a loan production office in Atlanta, Georgia. Under the terms of the Agreement and Plan of Merger, each LBC shareholder had the option to receive either $23.50 in cash or 1.3239 shares of the Company’s common stock in exchange for each share of LBC common stock, subject to customary proration and allocation procedures such that 55% of LBC shares received the stock consideration and 45% received the cash consideration, with at least 50% of the merger consideration paid in the Company's common stock. As a result, the Company issued 1,053,875 common shares at a fair value of $18.2 million and paid $15.3 million in cash to the former shareholders of LBC as merger consideration. The merger was effected by the issuance of shares of the Company’s common stock along with cash consideration to shareholders to LBC. The assets and liabilities of LBC as of the effective date of the merger were recorded at their respective estimated fair values and combined with those of the Company. The excess of the purchase price over the net estimated fair values of the acquired assets and liabilities was allocated to identifiable intangible assets with the remaining excess allocated to goodwill. Goodwill of $15.2 million was recorded as part of the LBC acquisition and is not expected to be deductible for income tax purposes. The following table presents the assets acquired and liabilities assumed of LBC as of May 1, 2019, and their fair value estimates. The fair value estimates were subject to refinement for up to one year after the closing date of the acquisition for new information obtained about facts and circumstances that existed at the acquisition date. The Company continues its evaluation of the facts and circumstances available as of May 1, 2019, to assign fair values to assets acquired and liabilities assumed, which could result in further adjustments to the fair values presented below. (dollars in thousands, except market price) Initial Fair Value Adjustments Subsequent Adjustments (1) Final Balance Purchase price consideration: Shares of CBAN common stock issued to LBC shareholders as of May 1, 2019 1,053,875 1,053,875 1,053,875 Market price of CBAN common stock on May 1, 2019 $ 17.75 $ (0.46) $ 17.29 Estimated fair value of CBAN common stock issued 18,706 (485) 18,221 Cash consideration paid 15,315 — 15,315 Total consideration $ 34,021 $ (485) $ 33,536 Assets acquired at fair value: Cash and cash equivalents $ 15,678 $ — $ 15,678 Investments securities available for sale 49,172 — 49,172 Investments securities held to maturity 1,766 — 1,766 Restricted investments 479 — 479 Loans 130,568 — 130,568 Premises and equipment 3,009 — 3,009 Core deposit intangible 3,100 — 3,100 Other real estate 243 — 243 Prepaid and other assets 6,143 — 6,143 Total fair value of assets acquired $ 210,158 $ — $ 210,158 Liabilities assumed at fair value: Deposits $ (189,896) $ — $ (189,896) FHLB advances (1,000) — (1,000) Payables and other liabilities (975) — (975) Total fair value of liabilities assumed $ (191,871) $ — $ (191,871) Net assets acquired at fair value: $ 18,287 $ — $ 18,287 Amount of goodwill resulting from acquisition $ 15,734 $ (485) $ 15,249 (1) Subsequent adjustments were done within the one year period allowed after the acquisition. In the acquisition, the Company purchased $130.6 million of loans at fair value, net of $2.2 million, or 1.63%, estimated discount to the outstanding principal balance. Of the total loans acquired, management identified $176,000 that were considered to be credit impaired and are accounted for under ASC Topic 310-30. The table below summarizes the total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and fair value of the loans as of the acquisition date for purchased credit impaired loans. Contractually required principal and interest payments have been adjusted for estimated prepayments. (dollars in thousands) Contractually required principal and interest $ 695 Non-accretable difference (519) Cash Flows expected to be collected 176 Accretable yield — Total purchased credit-impaired loans acquired $ 176 The following table presents the acquired loan data for the LBC acquisition. (dollars in thousands) Fair Value of Gross Contractual Estimate at Acquired receivables subject to ASC 310-30 $ 176 $ 695 $ 519 Acquired receivables not subject to ASC 310-30 130,392 132,381 — Acquisition of PFB Mortgage from Planters First Bank On May 1, 2019, the Bank completed its acquisition of PFB Mortgage, the secondary market mortgage business of Planters First Bank for a total cash consideration of $833,000.The assets acquired included premises and equipment as well as all pipeline loans. The assets acquired were recorded at their respective estimated fair values as of the effective date of the transaction. The excess of the purchase price over fair value of net assets acquired was allocated to goodwill. The following table presents the assets acquired as of May 1, 2019, and their fair value estimates. The fair value estimates were subject to refinement for up to one year after the closing date of the acquisition for new information obtained about facts and circumstances that existed at the acquisition date. The Company continues its evaluation of the facts and circumstances available as of May 1, 2019, to assign fair values to assets acquired and liabilities assumed, which could result in further adjustments to the fair values presented below. (dollars in thousands) Purchase price consideration: Cash consideration paid $ 833 Total consideration $ 833 Assets acquired at fair value: Premises and equipment $ 78 Premium on loan commitments 209 Other assets 5 Total fair value of assets acquired $ 292 Liabilities assumed at fair value: Total fair value of liabilities assumed $ — Net assets acquired at fair value: $ 292 Amount of goodwill resulting from acquisition $ 541

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The amortized cost and estimated fair value of securities available for sale along with gross unrealized gains and losses are summarized as follows: (dollars in thousands) June 30, 2020 Amortized Gross Gross Fair Value Securities Available for Sale: U.S. treasury securities $ 245 $ — $ — $ 245 State, county & municipal securities 29,293 459 (52) 29,700 Corporate debt securities 3,002 4 — 3,006 Mortgage-backed securities 332,208 9,085 (634) 340,659 $ 364,748 $ 9,548 $ (686) $ 373,610 December 31, 2019 Securities Available for Sale: State, county & municipal securities $ 5,133 $ 36 $ (54) $ 5,115 Corporate debt securities 2,811 11 (16) 2,806 Mortgage-backed securities 338,930 2,669 (2,188) 339,411 $ 346,874 $ 2,716 $ (2,258) $ 347,332 The amortized cost and fair value of investment securities as of June 30, 2020, by contractual maturity, are shown hereafter. Expected maturities may differ from contractual maturities for certain investments because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. This is often the case with mortgage-backed securities, which are disclosed separately in the table below. Securities Available for Sale (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 894 $ 897 Due after one year through five years 3,956 3,989 Due after five years through ten years 4,346 4,421 Due after ten years 23,344 23,644 $ 32,540 $ 32,951 Mortgage-backed securities 332,208 340,659 $ 364,748 $ 373,610 Proceeds from the sale of investment securities totaled $15.3 million and $56.8 million for the six months ended June 30, 2020 and 2019, respectively. The sale of investment securities for the six months ended June 30, 2020 and 2019 resulted in gross realized gains of $355,000 and $117,000 and losses of $62,000 and $52,000, respectively. Proceeds from the sale of investment securities held to maturity totaled $1.8 million for the first six months of 2019, and was sold at par. Investment securities having a carrying value approximating $109.3 million and $122.3 million were pledged to secure public deposits and for other purposes as of June 30, 2020 and December 31, 2019, respectively. Information pertaining to securities with gross unrealized losses at June 30, 2020 and December 31, 2019 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: Less Than 12 Months 12 Months or Greater Total (dollars in thousands) Fair Gross Fair Gross Fair Gross June 30, 2020 State, county & municipal securities $ 7,840 $ (52) $ — $ — $ 7,840 $ (52) Mortgage-backed securities 17,262 (116) 5,748 (518) 23,010 (634) $ 25,102 $ (168) $ 5,748 $ (518) $ 30,850 $ (686) December 31, 2019 State, county & municipal securities $ 3,257 $ (54) $ — $ — $ 3,257 $ (54) Corporate debt securities — — 784 (16) 784 (16) Mortgage-backed securities 60,860 (277) 119,110 (1,911) 179,970 (2,188) $ 64,117 $ (331) $ 119,894 $ (1,927) $ 184,011 $ (2,258) Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. At June 30, 2020, 23 securities have unrealized losses. These securities are guaranteed by either the U.S. Government, other governments or U.S. corporations. In analyzing an issuer’s financial condition, management considers whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred and the results of reviews of the issuer’s financial condition. The unrealized losses are largely due to increases in market interest rates over the yields available at the time the underlying securities were purchased. As management has the ability to hold debt securities until maturity, or for the foreseeable future if classified as available-for-sale, no declines are deemed to be other than temporary.

Loans

Loans	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Loans	Loans The following table presents the composition of loans segregated by legacy and purchased loans and by class of loans, as of June 30, 2020 and December 31, 2019. Purchased loans are defined as loans that were acquired in bank acquisitions. June 30, 2020 (dollars in thousands) Legacy Loans Purchased Loans Total Construction, land and land development $ 104,153 $ 27,644 $ 131,797 Other commercial real estate 466,773 51,368 518,141 Total commercial real estate 570,926 79,012 649,938 Residential real estate 160,418 27,921 188,339 Commercial, financial, & agricultural 235,862 15,053 250,915 Consumer and other 21,508 3,277 24,785 Total Loans $ 988,714 $ 125,263 $ 1,113,977 December 31, 2019 (dollars in thousands) Legacy Loans Purchased Loans Total Construction, land and land development $ 83,036 $ 13,061 $ 96,097 Other commercial real estate 481,943 58,296 540,239 Total commercial real estate 564,979 71,357 636,336 Residential real estate 171,341 23,455 194,796 Commercial, financial, & agricultural 91,535 22,825 114,360 Consumer and other 19,245 4,077 23,322 Total Loans $ 847,100 $ 121,714 $ 968,814 Commercial and industrial loans are extended to a diverse group of businesses within the Company’s market area. These loans are often underwritten based on the borrower’s ability to service the debt from income from the business. Real estate construction loans often require loan funds to be advanced prior to completion of the project. Due to uncertainties inherent in estimating construction costs, changes in interest rates and other economic conditions, these loans often pose a higher risk than other types of loans. Consumer loans are originated at the Bank level. These loans are generally smaller loan amounts spread across many individual borrowers to help minimize risk. The change in total legacy loans was primarily a result of commercial and industrial PPP loan originations during the second quarter of 2020, totaling $137.8 million at June 30, 2020. Credit Quality Indicators . As part of the ongoing monitoring of the credit quality of the loan portfolio, management tracks certain credit quality indicators including trends related to (1) the risk grade assigned to commercial and consumer loans, (2) the level of classified commercial loans, (3) net charge-offs, (4) nonperforming loans, and (5) the general economic conditions in the Company’s geographic markets. The Company uses an eight category risk grading system to assign a risk grade to each loan in the portfolio. The following is a description of the general characteristics of the grades: • Grades 1 and 2 – Borrowers with these assigned grades range in risk from virtual absence of risk to minimal risk. Such loans may be secured by Company-issued and controlled certificates of deposit or properly margined equity securities or bonds. Other loans comprising these grades are made to companies that have been in existence for a long period of time with many years of consecutive profits and strong equity, good liquidity, excellent debt service ability and unblemished past performance, or to exceptionally strong individuals with collateral of unquestioned value that fully secures the loans. Loans in this category fall into the “pass” classification. • Grades 3 and 4 – Loans assigned these “pass” risk grades are made to borrowers with acceptable credit quality and risk. The risk ranges from loans with no significant weaknesses in repayment capacity and collateral protection to acceptable loans with one or more risk factors considered to be more than average. • Grade 5 – This grade includes “special mention” loans on management’s watch list and is intended to be used on a temporary basis for pass grade loans where risk-modifying action is intended in the short-term. • Grade 6 – This grade includes “substandard” loans in accordance with regulatory guidelines. This category includes borrowers with well-defined weaknesses that jeopardize the payment of the debt in accordance with the agreed terms. Loans considered to be impaired are assigned this grade, and these loans often have assigned loss allocations as part of the allowance for loan and lease losses. Generally, loans on which interest accrual has been stopped would be included in this grade. • Grades 7 and 8 – These grades correspond to regulatory classification definitions of “doubtful” and “loss,” respectively. In practice, any loan with these grades would be for a very short period of time, of which the Company has no loans with these assigned grades at June 30, 2020. Management manages the Company’s problem loans in such a way that uncollectible loans or uncollectible portions of loans are charged off immediately with any residual, collectible amounts assigned a risk grade of 6. The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of June 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes. (dollars in thousands) Pass Special Mention Substandard Total Loans June 30, 2020 Construction, land and land development $ 94,837 $ 9,054 $ 262 $ 104,153 Other commercial real estate 443,380 11,986 11,407 466,773 Total commercial real estate 538,217 21,040 11,669 570,926 Residential real estate 149,085 4,463 6,870 160,418 Commercial, financial, & agricultural 231,187 2,649 2,026 235,862 Consumer and other 21,169 166 173 21,508 Total Loans $ 939,658 $ 28,318 $ 20,738 $ 988,714 (dollars in thousands) December 31, 2019 Construction, land and land development $ 82,322 $ 445 $ 269 $ 83,036 Other commercial real estate 459,064 13,438 9,441 481,943 Total commercial real estate 541,386 13,883 9,710 564,979 Residential real estate 159,194 4,632 7,515 171,341 Commercial, financial, & agricultural 86,558 1,973 3,004 91,535 Consumer and other 18,883 148 214 19,245 Total Loans $ 806,021 $ 20,636 $ 20,443 $ 847,100 The following table presents the purchased loan portfolio by credit quality indicator (risk grade) as of June 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes. For the period ending June 30, 2020, the Company did not have any loans classified as “doubtful” or a “loss”. (dollars in thousands) Pass Special Mention Substandard Total Loans June 30, 2020 Construction, land and land development $ 26,951 $ 611 $ 82 $ 27,644 Other commercial real estate 50,956 376 36 51,368 Total commercial real estate 77,907 987 118 79,012 Residential real estate 27,563 267 91 27,921 Commercial, financial, & agricultural 12,136 2,875 42 15,053 Consumer and other 3,189 — 88 3,277 Total Loans $ 120,795 $ 4,129 $ 339 $ 125,263 December 31, 2019 Construction, land and land development $ 12,996 $ — $ 65 $ 13,061 Other commercial real estate 57,881 381 34 58,296 Total commercial real estate 70,877 381 99 71,357 Residential real estate 23,097 249 109 23,455 Commercial, financial, & agricultural 19,443 2,949 433 22,825 Consumer and other 4,077 — — 4,077 Total Loans $ 117,494 $ 3,579 $ 641 $ 121,714 A loan’s risk grade is assigned at loan origination and is based on the financial strength of the borrower and the type of collateral. Loan risk grades are subject to review at various times throughout the year as part of the Company’s ongoing loan review process. Loans with an assigned risk grade of six or below and an outstanding balance of $250,000 or more are reassessed on a quarterly basis. During this reassessment process individual reserves may be identified and placed against certain loans which are not considered impaired. In assessing the overall economic condition of the markets in which it operates, the Company monitors the unemployment rates for its major service areas. The unemployment rates are reviewed on a quarterly basis as part of the allowance for loan loss determination. Loans are placed on nonaccrual status if principal or interest payments become 90 days past due or when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory guidelines. Loans may be placed on nonaccrual status regardless of whether or not such loans are considered past due. The following table presents the aging of the amortized cost basis in legacy loans by aging category and accrual status as of June 30, 2020 and December 31, 2019: (dollars in thousands) 30-89 Days 90 Days Total Accruing Nonaccrual Current Loans Total Loans June 30, 2020 Construction, land and land development $ 27 $ — $ 27 $ 27 $ 104,099 $ 104,153 Other commercial real estate 1,392 — 1,392 5,645 459,736 466,773 Total commercial real estate 1,419 — 1,419 5,672 563,835 570,926 Residential real estate 1,117 — 1,117 3,446 155,855 160,418 Commercial, financial, & agricultural 471 — 471 1,841 233,550 235,862 Consumer and other 85 — 85 115 21,308 21,508 Total Loans $ 3,092 $ — $ 3,092 $ 11,074 $ 974,548 $ 988,714 December 31, 2019 Construction, land and land development $ 50 $ — $ 50 $ 32 $ 82,954 $ 83,036 Other commercial real estate 335 — 335 3,738 477,870 481,943 Total commercial real estate 385 — 385 3,770 560,824 564,979 Residential real estate 1,296 — 1,296 3,643 166,402 171,341 Commercial, financial, & agricultural 212 — 212 1,628 89,695 91,535 Consumer and other 21 — 21 138 19,086 19,245 Total Loans $ 1,914 $ — $ 1,914 $ 9,179 $ 836,007 $ 847,100 The following table presents the aging of the amortized cost basis in purchased loans by aging category and accrual status as of June 30, 2020 and December 31, 2019: (dollars in thousands) 30-89 Days 90 Days Total Accruing Nonaccrual Current Loans Total Loans June 30, 2020 Construction, land and land development $ 121 $ — $ 121 $ 160 $ 27,363 $ 27,644 Other commercial real estate — — — 51,368 51,368 Total commercial real estate 121 — 121 160 78,731 79,012 Residential real estate 102 — 102 103 27,716 27,921 Commercial, financial, & agricultural — — — 34 15,019 15,053 Consumer and other 7 — 7 88 3,182 3,277 Total Loans $ 230 $ — $ 230 $ 385 $ 124,648 $ 125,263 December 31, 2019 Construction, land and land development $ — $ — $ — $ — $ 13,061 $ 13,061 Other commercial real estate 83 — 83 — 58,213 58,296 Total commercial real estate 83 — 83 — 71,274 71,357 Residential real estate 57 — 57 — 23,398 23,455 Commercial, financial, & agricultural 553 — 553 — 22,272 22,825 Consumer and other 8 — 8 — 4,069 4,077 Total Loans $ 701 $ — $ 701 $ — $ 121,013 $ 121,714 The following table details impaired loan data, including purchased credit impaired loans, as of June 30, 2020. June 30, 2020 (dollars in thousands) Unpaid Impaired Related Average With No Related Allowance Recorded Construction, land and land development $ 66 $ 66 $ — $ 66 Commercial real estate 12,777 12,012 — 11,826 Residential real estate 2,466 2,461 2,586 Commercial, financial & agriculture 289 289 — 273 Consumer & other — — — — 15,598 14,828 — 14,751 With An Allowance Recorded Construction, land and land development — — — — Commercial real estate 8,379 8,285 2,022 7,335 Residential real estate 519 520 115 640 Commercial, financial & agriculture 752 749 702 1,369 Consumer & other — — — — 9,650 9,554 2,839 9,344 Purchased Credit Impaired Loans Construction, land and land development 118 82 — 74 Commercial real estate 123 36 — 35 Residential real estate 18 11 10 8 Commercial, financial & agriculture 61 42 — 39 Consumer & other 188 86 85 85 508 257 95 241 Total Construction, land and land development 184 148 — 140 Commercial real estate 21,279 20,333 2,022 19,196 Residential real estate 3,003 2,992 125 3,234 Commercial, financial & agriculture 1,102 1,080 702 1,681 Consumer & other 188 86 85 85 $ 25,756 $ 24,639 $ 2,934 $ 24,336 The following table details impaired loan data as of December 31, 2019. December 31, 2019 (dollars in thousands) Unpaid Impaired Related Average With No Related Allowance Recorded Construction, land and land development $ 67 $ 67 $ — $ 168 Commercial real estate 12,455 11,639 — 13,924 Residential real estate 2,706 2,711 — 3,693 Commercial, financial & agriculture 257 257 910 Consumer & other — — — 123 15,485 14,674 — 18,818 With An Allowance Recorded Construction, land and land development — — — 80 Commercial real estate 6,379 6,385 1,939 3,898 Residential real estate 757 760 137 367 Commercial, financial & agriculture 2,189 1,989 1,073 722 Consumer & other — — — — 9,325 9,134 3,149 5,067 Purchased Credit Impaired Loans Construction, land and land development 65 65 — 80 Commercial real estate 34 34 — 35 Residential real estate 11 11 6 24 Commercial, financial & agriculture 37 37 — 47 Consumer & other — — — — 147 147 6 186 Total Construction, land and land development 132 132 — 328 Commercial real estate 18,868 18,058 1,939 17,857 Residential real estate 3,474 3,482 143 4,084 Commercial, financial & agriculture 2,483 2,283 1,073 1,679 Consumer & other — — — 123 $ 24,957 $ 23,955 $ 3,155 $ 24,071 Interest income recorded on impaired loans during the three months ended June 30, 2020 and 2019 were $104,000 and $274,000, respectively and during the six months ended June 30, 2020 and 2019 were $154,000 and $477,000, respectively. Troubled Debt Restructings The restructuring of a loan is considered a troubled debt restructuring ("TDRs") if both the borrower is experiencing financial difficulties and the Company has granted a concession to the terms of the loan. Concessions may include interest rate reductions to below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. As discussed in Note 1 of the Notes to Consolidated Financial Statements for the year ended December 31, 2019, which are included in the Company’s 2019 Form 10-K, once a loan is identified as a TDR, it is accounted for as an impaired loan. The Company had no unfunded commitments to lend to a customer that has a troubled debt restructured loan as of June 30, 2020. The Company had no loan contracts restructured during the three or six month periods ended June 30, 2020 and 2019. Loans modified in a troubled debt restructuring are considered to be in default once the loan becomes 90 days past due. A TDR may cease being classified as impaired if the loan is subsequently modified at market terms and, has performed according to the modified terms for at least six months, and there has not been any prior principal forgiveness on a cumulative basis. The Company had no loans that subsequently defaulted during the three or six months ended June 30, 2020 and 2019. Modifications in Response to COVID-19 Certain borrowers are currently unable to meet their contractual payment obligations because of the adverse effects of the COVID-19 pandemic. To help mitigate these effects, loan customers may apply for a deferral of payments, or portions thereof, for up to three months. In the absence of other intervening factors, such short-term modifications made on a good faith basis are not categorized as troubled debt restructurings, nor are loans granted payment deferrals related to the COVID-19 pandemic reported as past due or placed on nonaccrual status (provided the loans were not past due or on nonaccrual status prior to the deferral).

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Allowance for Loan Losses	Allowance for Loan Losses The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the three and six months periods ended June 30, 2020 and June 30, 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other loan categories and periodically may result in reallocation within the provision categories. (dollars in thousands) Construction, land and land development Other commercial real estate Residential real estate Commercial, financial & agricultural Consumer and other Total Three months ended June 30, 2020 Beginning Balance $ 354 $ 4,821 $ 1,203 $ 1,780 $ 226 $ 8,384 Charge-offs (4) — (16) — (364) (384) Recoveries 12 21 6 19 31 89 Provision 397 869 438 114 382 2,200 Ending balance 759 5,711 1,631 1,913 275 10,289 Six months ended June 30, 2020 Beginning Balance $ 215 $ 3,908 $ 980 $ 1,657 $ 103 $ 6,863 Charge-offs (4) (30) (80) (68) (715) (897) Recoveries 25 26 10 20 86 167 Provision 523 1,807 721 304 801 4,156 Ending balance 759 5,711 1,631 1,913 275 10,289 Period end amount allocated to Individually evaluated for impairment — 2,022 115 702 — 2,839 Collectively evaluated for impairment 759 3,689 1,506 1,211 190 7,355 Purchase credit impaired — — 10 — 85 95 Ending Balance 759 5,711 1,631 1,913 275 10,289 Loans Individually evaluated for impairment 66 20,297 2,981 1,038 — 24,382 Collectively evaluated for impairment 131,649 497,808 185,347 249,835 24,699 1,089,338 Purchase credit impaired 82 36 11 42 86 257 Ending balance $ 131,797 $ 518,141 $ 188,339 $ 250,915 $ 24,785 $ 1,113,977 (dollars in thousands) Construction, land and land development Other commercial real estate Residential real estate Commercial, financial & agricultural Consumer and other Total Three months ended June 30, 2019 Beginning Balance $ 20 $ 5,062 $ 949 $ 466 $ 92 $ 6,589 Charge-offs — — (18) (28) (109) (155) Recoveries 37 7 110 11 11 176 Provision (45) (639) (196) 972 87 179 Ending balance 12 4,430 845 1,421 81 6,789 Six months ended June 30, 2019 Beginning Balance $ 131 $ 5,251 $ 1,181 $ 618 $ 96 $ 7,277 Charge-offs (29) (119) (647) (125) (179) (1,099) Recoveries 54 41 159 17 30 301 Provision (144) (743) 152 911 134 310 Ending balance 12 4,430 845 1,421 81 6,789 December 31, 2019 Period end amount allocated to Individually evaluated for impairment — 1,939 137 1,073 — 3,149 Collectively evaluated for impairment 215 1,969 837 584 103 3,708 Purchase credit impaired — — 6 — — 6 Ending Balance 215 3,908 980 1,657 103 6,863 Loans Individually evaluated for impairment 67 18,024 3,471 2,246 — 23,808 Collectively evaluated for impairment 95,965 522,181 191,314 112,077 23,322 944,859 Purchase credit impaired 65 34 11 37 — 147 Ending Balance $ 96,097 $ 540,239 $ 194,796 $ 114,360 $ 23,322 $ 968,814 Management continually evaluates the allowance for loan losses methodology seeking to refine and enhance this process as appropriate, and it is likely that the methodology will continue to evolve over time.

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	Leases A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Company adopted ASU No. 2016-02 and all subsequent ASUs that modified this topic (collectively referred to as “Topic 842”). For the Company, Topic 842 primarily affected the accounting treatment for operating lease agreements in which the Company is the lessee. Substantially all of the leases in which the Company is the lessee are comprised of real estate for branches and office space with terms extending through 2027. All of our leases are classified as operating leases, and therefore, were previously not recognized on the Company’s consolidated balance sheet. With the adoption of Topic 842, operating lease arrangements are required to be recognized on the consolidated balance sheet as a right-of-use (“ROU”) asset and a corresponding lease liability. The following table represents the consolidated balance sheet classification of the Company’s ROU assets and liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet. (dollars in thousands) Classification June 30, 2020 December 31, 2019 Assets Operating lease right-of-use assets Other assets $ 633 $ 572 Liabilities Operating lease liabilities Other liabilities 633 547 The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2020, the rate for the remaining lease term as of January 1, 2020 was used. Operating lease cost was $64,000 and $31,000 for the three months ended June 30, 2020 and 2019, respectively, and $116,000 and $61,000 for the six months ended June 30, 2020 and 2019 respectively. As of June 30, 2020, the weighted average remaining lease term was 4.59 years and the weighted average discount rate was 1.78%. The following table represents the future maturities of the operating lease liabilities and other lease information as of June 30, 2020. (dollars in thousands) Lease Liability 2021 $ 222 2022 152 2023 101 2024 45 2025 45 After June 30, 2025 104 Total lease payments $ 669 Less: interest (36) Present value of lease liabilities $ 633 Supplemental lease information: Cash paid for amounts included in the measurement of lease liabilities: June 30, 2020 Operating cash flows from operating leases (cash payments) $ 116 Operating cash flows from operating leases (lease liability reduction) 110 Operating lease right-of-use assets obtained in exchange for leases entered into during the period 196

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Borrowings	Borrowings The following table presents information regarding the Company’s outstanding borrowings at June 30, 2020 and December 31, 2019: (dollars in thousands) June 30, 2020 December 31, 2019 Federal Home Loan Bank advances $ 36,500 $ 47,000 Paycheck Protection Program (PPP) Liquidity Facility 134,500 — Other borrowings 38,292 38,792 $ 209,292 $ 85,792 Advances from the Federal Home Loan Bank (“FHLB”) have maturities ranging from 2021 to 2029 and interest rates ranging from 1.05% to 3.51%. As collateral on the outstanding FHLB advances, the Company has provided a blanket lien on its portfolio of qualifying residential first mortgage loans, commercial loans, multifamily loans and HELOC loans. At June 30, 2020, the lendable collateral of those loans pledged is $103.6 million. At June 30, 2020, the Company had remaining credit availability from the FHLB of $340.1 million. The Company may be required to pledge additional qualifying collateral in order to utilize the full amount of the remaining credit line. On May 1, 2019, the Company completed a borrowing arrangement with a correspondent bank for $10.0 million. The term note is secured by the Bank’s stock, expires on May 1, 2024, and bears a fixed interest rate of 4.70%. The proceeds were used for the acquisition of LBC Bancshares, Inc. and its subsidiary, Calumet Bank. As of June 30, 2020, the outstanding balance totaled $8.8 million. On May 1, 2019, the Company completed a revolving credit arrangement with a correspondent bank with a maximum line amount of $10.0 million. This line of credit is secured by the Bank’s stock, expires on May 1, 2021, and bears a variable interest rate of Wall Street Journal Prime minus 0.40%. The Company advanced $5.3 million that was used toward the acquisition of LBC Bancshares, Inc. and its subsidiary, Calumet Bank. As of June 30, 2020, the outstanding balance totaled $5.3 million. On April 20, 2020 the Company completed a Paycheck Protection Program Liquidity Facility (PPPLF) credit arrangement with The Federal Reserve Bank. This line of credit is secured by PPP loans and bears a fixed interest rate of 0.35% with a maturity date equal to the maturity date of the related PPP loans, with the PPP loans maturing either two The aggregate stated maturities of other borrowed money at June 30, 2020 are as follows: (dollars in thousands) Year Amount 2021 $ 5,313 2022 14,000 2023 3,000 2024 8,750 2025 and After 43,729 PPPLF 134,500 $ 209,292 The Company also has available federal funds lines of credit with various financial institutions totaling $55.0 million, none of which were outstanding at June 30, 2020. The Company has the ability to borrow funds from the Federal Reserve Bank (“FRB”) of Atlanta utilizing the discount window. The discount window is an instrument of monetary policy that allows eligible institutions to borrow money from the FRB on a short-term basis to meet temporary liquidity shortages caused by internal or external disruptions. At June 30, 2020, the Company had borrowing capacity available under this arrangement, with no outstanding balances. The Company would be required to pledge certain available-for-sale investment securities as collateral under this agreement. The Company's Trust Preferred Securities are recorded as subordinated debentures on the consolidated balance sheets, but subject to certain limitations, qualify as Tier 1 Capital for regulatory capital purposes. At June 30, 2020 and December 31, 2019, Trust Preferred Securities was $24.2 million. The proceeds from the offerings were used to fund certain acquisitions, pay off holding company debt and inject capital into the bank subsidiary. The Trust preferred securities pay interest quarterly.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per ShareBasic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock and common stock warrants. Net income available to common stockholders represents net income after preferred stock dividends. The following table presents earnings per share for the three and six months ended June 30, 2020 and 2019. (dollars in thousands, except per share data) Three Months Ended Six Months Ended 2020 2019 2020 2019 Numerator Net income available to common stockholders $ 2,214 $ 2,101 $ 3,817 $ 4,936 Denominator Weighted average number of common shares Outstanding for basic earnings per common share 9,499 9,089 9,499 8,765 Weighted-average number of shares outstanding for diluted earnings per common share 9,499 9,089 9,499 8,765 Earnings per share - basic $ 0.23 $ 0.23 $ 0.40 $ 0.56 Earnings per share - diluted $ 0.23 $ 0.23 $ 0.40 $ 0.56

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Credit-Related Financial Instruments. The Company is a party to credit related 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, standby letters of credit and commercial letters of credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance sheet instruments. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, upon extension of credit, is based on management’s credit evaluation of the borrower. Collateral held varies, but may include cash or cash equivalents, negotiable instruments, real estate, accounts receivable, inventory, oil, gas and mineral interests, property, plant, and equipment. At June 30, 2020 and December 31, 2019 the following financial instruments were outstanding whose contract amounts represent credit risk: Contract Amount (dollars in thousands) June 30, 2020 December 31, 2019 Loan commitments $ 145,209 $ 102,890 Letters of credit 2,491 1,576 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Unfunded commitments under commercial lines of credit, revolving credit lines and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit are uncollateralized and usually do not contain a specified maturity date and may not be drawn upon to the total extent to which the Company is committed. Standby and performance letters of credit are conditional lending commitments issued by the Company to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements. Essentially all letters of credit issued have expiration dates within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Legal Contingencies . In the ordinary course of business, there are various legal proceedings pending against the Company and the Bank. As of June 30, 2020, the aggregate liabilities, if any, arising from such proceedings would not, in the opinion of management, have a material adverse effect on the Company’s consolidated financial position.

Fair Value of Financial Instrum

Fair Value of Financial Instruments and Fair Value Measurements	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments and Fair Value Measurements	Fair Value of Financial Instruments and Fair Value Measurements Generally accepted accounting standards in the U.S. require disclosure of fair value information about financial instruments, whether or not recognized on the face of the balance sheet, for which it is practicable to estimate that value. The assumptions used in the estimation of the fair value of the Company and the Bank’s financial instruments are detailed hereafter. Where quoted prices are not available, fair values are based on estimates using discounted cash flows and other valuation techniques. The use of discounted cash flows can be significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Generally accepted accounting principles related to Fair Value Measurements define fair value, establish a framework for measuring fair value, establish a three-level valuation hierarchy for disclosure of fair value measurement and enhance disclosure requirements for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: • Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. • Level 3 inputs to the valuation methodology are unobservable and represent the Company’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. The following disclosures should not be considered a surrogate of the liquidation value of the Company, but rather a good-faith estimate of the increase or decrease in value of financial instruments held by the Company since purchase, origination or issuance. Cash and short-term investments – For cash, due from banks, bank-owned deposits and federal funds sold, the carrying amount is a reasonable estimate of fair value and is classified as Level 1. Investment securities – Fair values for investment securities are based on quoted market prices where available and classified as Level 1. If quoted market prices are not available, estimated fair values are based on quoted market prices of comparable instruments and classified as Level 2. If a comparable is not available, the investment securities are classified as Level 3. Other investments, at cost – The fair value of Federal Home Loan Bank stock approximates carrying value and is classified as Level 1. If quoted market prices are not available, estimated fair values are based on quoted market prices of comparable instruments and classified as Level 2. Loans held for sale – The fair value of loans held for sale is determined on outstanding commitments from third party investors in the secondary markets and is classified within Level 2 of the valuation hierarchy. Loans – The fair value of fixed rate loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings. For variable rate loans, the carrying amount is a reasonable estimate of fair value. Most loans are classified as Level 3. Deposit liabilities – The fair value of demand deposits, savings accounts and certain money market deposits is the amount payable on demand at the reporting date and is classified as Level 2. The fair value of deposits is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities and is classified as Level 2. Federal Home Loan Bank advances – The fair value of Federal Home Loan Bank advances is estimated by discounting the future cash flows using the current rates at which similar advances would be obtained. Federal Home Loan Bank advances are classified as Level 2. Paycheck Protection Liquidity Facility – The fair value of Paycheck Protection Liquidity Facility is estimated by discounting the future cash flows using the current rates at which similar advances would be obtained. Paycheck Protection Liquidity Facility are classified as Level 2. Other borrowings – The fair value of other borrowings is calculated by discounting contractual cash flows using an estimated interest rate based on current rates available to the Company for debt of similar remaining maturities and collateral terms. Other borrowings is classified as Level 2 due to their expected maturities. Disclosures of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis, are required in the financial statements. The carrying amount, estimated fair values, and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2020 and December 31, 2019 are as follows: Fair Value Measurements (dollars in thousands) Carrying Estimated Level Level Level June 30, 2020 Assets Cash and short-term investments $ 191,046 $ 191,046 $ 191,046 $ — $ — Investment securities available for sale 373,610 373,610 — 371,604 2,006 Other investments, at cost 3,954 3,954 3,225 729 — Loans held for sale 16,537 16,537 — 16,537 — Loans, net 1,103,688 1,125,455 — — 1,125,455 Liabilities Deposits 1,421,758 1,421,287 — 1,421,287 — Paycheck Protection Program Liquidity Facility 134,500 134,500 — 134,500 — Federal Home Loan Bank advances 36,500 33,820 — 33,820 — Other borrowings 38,292 38,292 — 38,292 — Fair Value Measurements (dollars in thousands) Carrying Estimated Level Level Level December 31, 2019 Assets Cash and short-term investments $ 104,092 $ 104,092 $ 104,192 $ — $ — Investment securities available for sale 347,332 347,332 — 345,310 2,022 Other investments, at cost 4,288 4,288 3,559 729 — Loans held for sale 10,076 10,076 — 10,076 — Loans, net 961,951 938,475 — — 938,475 Liabilities Deposits 1,293,742 1,294,506 — 1,294,506 — Federal Home Loan Bank advances 47,000 44,402 — 44,402 — Other borrowings 38,792 38,792 — 38,792 — Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on many judgments. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include deferred income taxes and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates. Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring and nonrecurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy: Securities – Where quoted prices are available in an active market, securities are classified within level 1 of the valuation hierarchy. Level 1 inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flow. Examples of such instruments, which would generally be classified within level 2 of the valuation hierarchy, include certain collateralized mortgage and debt obligations and certain high-yield debt securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within level 3 of the valuation hierarchy. When measuring fair value, the valuation techniques available under the market approach, income approach and/or cost approach are used. The Company’s evaluations are based on market data and the Company employs combinations of these approaches for its valuation methods depending on the asset class. Impaired Loans – Impaired loans are those loans which the Company has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. Other Real Estate – Other real estate owned assets are adjusted to fair value less estimated selling costs upon transfer of the loans to other real estate. Typically, an external, third-party appraisal is performed on the collateral upon transfer into the other real estate account to determine the asset’s fair value. Subsequent adjustments to the collateral’s value may be based upon either updated third-party appraisals or management’s knowledge of the collateral and the current real estate market conditions. Appraised amounts used in determining the asset’s fair value, whether internally or externally prepared, are discounted 10% to account for selling and marketing costs. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are typically significant and result in a level 3 classification of the inputs for determining fair value. Because of the high degree of judgment required in estimating the fair value of other real estate assets and because of the relationship between fair value and general economic conditions, we consider the fair value of other real estate assets to be highly sensitive to changes in market conditions. Assets Measured at Fair Value on a Recurring and Nonrecurring Basis – The following table presents the recorded amount of the Company’s assets measured at fair value on a recurring and nonrecurring basis as of June 30, 2020 and December 31, 2019, aggregated by the level in the fair value hierarchy within which those measurements fall. The table below includes only impaired loans with a specific reserve and only other real estate properties with a valuation allowance at June 30, 2020 and December 31, 2019. Those impaired loans and other real estate properties are shown net of the related specific reserves and valuation allowances. Fair Value Measurements at Reporting Date Using (dollars in thousands) Total Fair Value Quoted Prices in Significant Other Significant June 30, 2020 Recurring Securities Available for Sale U.S. treasury securities $ 245 $ — $ 245 $ — State, county & municipal securities 29,700 — 29,700 — Corporate Debt securities 3,006 — 1,000 2,006 Mortgage-backed securities 340,659 — 340,659 — Total available for sale securities $ 373,610 $ — $ 371,604 $ 2,006 Nonrecurring Collateral Dependent Impaired Loans $ 4,820 $ — $ — $ 4,820 Other Real Estate 1,769 — — 1,769 Total nonrecurring assets $ 6,589 $ — $ — $ 6,589 Fair Value Measurements at Reporting Date Using (dollars in thousands) Total Fair Quoted Prices in Significant Other Significant December 31, 2019 Recurring Securities Available for Sale State, county & municipal securities $ 5,115 $ — $ 5,115 $ — Corporate Debt securities 2,806 — 784 2,022 Mortgage-backed securities 339,411 — 339,411 — Total available for sale securities $ 347,332 $ — $ 345,310 $ 2,022 Nonrecurring Collateral Dependent Impaired Loans $ 5,985 $ — $ — 5,985 Other Real Estate 1,320 — — 1,320 Total nonrecurring assets $ 7,305 $ — $ — $ 7,305 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) The following table presents quantitative information about the significant unobservable inputs used in the fair value measurements for assets in level 3 of the fair value hierarchy measured on a nonrecurring basis at June 30, 2020 and December 31, 2019. This table is comprised primarily of collateral dependent impaired loans and other real estate: (dollars in thousands) June 30, 2020 Valuation Unobservable Range Collateral Dependent Impaired Loans $ 4,820 Appraised Value Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 10 % 80 % Other Real Estate 1,769 Appraised Value/Comparable Sales Discounts to reflect current market conditions and estimated costs to sell — % 20 % (dollars in thousands) December 31, 2019 Valuation Unobservable Range Collateral Dependent Impaired Loans $ 5,985 Appraised Value Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell — % 20 % Other Real Estate 1,320 Appraised Value/Comparable Sales Discounts to reflect current market conditions and estimated costs to sell — % 20 % The table below presents a reconciliation and statement of income classification of gains and losses for all assets measured at fair value on a recurring basis using significant unobservable inputs (level 3) for the six months ended June 30, 2020 and 2019. Available for Sale Securities (dollars in thousands) June 30, 2020 June 30, 2019 Balance, Beginning $ 2,022 $ 4,277 Transfers out of Level 3 — — Sales — — Paydowns (16) (883) Realized Loss on Sale of Security — — Unrealized gains included in Other Comprehensive Income — 40 Balance, Ending $ 2,006 $ 3,434 The Company’s policy is to recognize transfers in and transfers out of levels 1, 2 and 3 as of the end of a reporting period. There were no transfers of securities between levels for the three and six months ended June 30, 2020 and 2019. The following table presents quantitative information about recurring level 3 fair value measurements as of June 30, 2020 and December 31, 2019. (dollars in thousands) June 30, 2020 Fair Value Valuation Techniques Unobservable Range Corporate debt securities $ 2,006 Discounted Cash Flow Discount Rate or Yield N/A* December 31, 2019 Corporate debt securities $ 2,022 Discounted Cash Flow Discount Rate or Yield N/A* * The Company relies on a third-party pricing service to value its securities. The details of the unobservable inputs and other adjustments used by the third-party pricing service were not readily available to the Company.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s operating segments include banking, mortgage banking and small business specialty lending division. The reportable segments are determined by the products and services offered, and internal reporting. The Bank segment derives its revenues from the delivery of full-service financial services, including retail and commercial banking services and deposit accounts. The Mortgage Banking segment derives its revenues from the origination and sales of residential mortgage loans held for sale. The Small Business Specialty Lending Division segment derives its revenue from the origination, sales and servicing of Small Business Administration loans and other government guaranteed loans. Segment performance is evaluated using net interest income and noninterest income. Income taxes are allocated based on income before income taxes, and indirect expenses (includes management fees) are allocated based on various internal factors for each segment. Transactions among segments are made at fair value. Information reported internally for performance assessment follows. The following tables present information reported internally for performance assessment for the three and six months ended June 30, 2020 and 2019: (dollars in thousands) Bank Mortgage Small Totals Three months ended June 30, 2020 Net Interest Income $ 12,730 $ 82 $ 729 $ 13,541 Provision for Loan Losses 2,200 — — 2,200 Noninterest Income 2,901 1,821 121 4,843 Noninterest Expenses 11,045 1,697 633 13,375 Income Taxes 320 43 232 595 Segment Profit (Loss) $ 2,066 $ 163 $ (15) $ 2,214 Segments Assets at June 30, 2020 $ 1,622,608 $ 17,578 $ 137,382 $ 1,777,568 (dollars in thousands) Bank Mortgage Small Totals Three months ended June 30, 2019 Net Interest Income $ 11,806 $ 19 $ — $ 11,825 Provision for Loan Losses 179 — — 179 Noninterest Income 3,148 852 — 4,000 Noninterest Expenses 12,168 846 — 13,014 Income Taxes 526 5 — 531 Segment Profit $ 2,081 $ 20 $ — $ 2,101 Segments Assets at June 30, 2019 $ 1,502,974 $ 3,998 $ — $ 1,506,972 (dollars in thousands) Bank Mortgage Small Totals Six months ended June 30, 2020 Net Interest Income $ 25,386 $ 116 $ 743 $ 26,245 Provision for Loan Losses 4,156 — — 4,156 Noninterest Income 5,950 3,074 380 9,404 Noninterest Expenses 22,712 2,892 1,149 26,753 Income Taxes 688 54 181 923 Segment Profit (Loss) $ 3,780 $ 244 $ (207) $ 3,817 (dollars in thousands) Bank Mortgage Small Totals Six months ended June 30, 2019 Net Interest Income $ 22,163 $ 19 $ — $ 22,182 Provision for Loan Losses 310 — — 310 Noninterest Income 5,482 852 — 6,334 Noninterest Expenses 21,194 846 — 22,040 Income Taxes 1,225 5 — 1,230 Segment Profit $ 4,916 $ 20 $ — $ 4,936

Regulatory Capital Matters

Regulatory Capital Matters	6 Months Ended
	Jun. 30, 2020
Banking And Thrift Disclosure [Abstract]
Regulatory Capital Matters	Regulatory Capital Matters The amount of dividends payable to the parent company from the subsidiary bank is limited by various banking regulatory agencies. Upon approval by regulatory authorities, the Bank may pay cash dividends to the parent company in excess of regulatory limitations. The Company is subject to various regulatory capital requirements administered by 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 must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios of total and Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. As of June 30, 2020, the interim final Basel III rules (“Basel III”) require the Company to also maintain minimum amounts and ratios of common equity Tier 1 capital to risk-weighted assets. These amounts and ratios as defined in regulations are presented hereafter. Management believes, as of June 30, 2020, the Company meets all capital adequacy requirements to which it is subject under the regulatory framework for prompt corrective action. In the opinion of management, there are no events or conditions since prior notification of capital adequacy from the regulators that have changed the institution’s category. The Basel III rules also require the implementation of a new capital conservation buffer comprised of common equity Tier 1 capital. The capital conservation buffer was phased in beginning January 1, 2016 at 0.625% of risk-weighted assets and increase each subsequent year by 0.625% until reaching its final level of 2.5% on January 1, 2019. The Bank is participating in the PPP and the PPPLF to fund PPP Loans. In accordance with regulatory guidance, PPP loans pledged as collateral for PPPLF, and PPPLF advances, are excluded from leverage capital ratios. PPP loans will also carry a 0% risk-weight for risk-based capital rules. The Board of Governors of the Federal Reserve raised the threshold for determining applicable of the Small Bank Holding Company and Savings and Loan Company Policy Statement in August 2018 from $1 billion to $3 billion in consolidated total assets to provide regulatory burden relief, therefore, the Company is no longer subject to the minimum capital requirements. The following table summarizes regulatory capital information as of June 30, 2020 and December 31, 2019 on a consolidated basis and for the subsidiary, as defined. Regulatory capital ratios for June 30, 2020 and December 31, 2019 were calculated in accordance with the Basel III rules. (dollars in thousands) Actual For Capital To Be Well Amount Ratio Amount Ratio Amount Ratio As of June 30, 2020 Total Capital to Risk-Weighted Assets Consolidated $ 146,711 13.32 % $ 88,115 8.00 % N/A N/A Colony Bank 153,745 13.92 88,359 8.00 $ 110,449 10.00 % Tier I Capital to Risk-Weighted Assets Consolidated 136,423 12.39 66,064 6.00 N/A N/A Colony Bank 143,456 12.99 66,261 6.00 88,349 8.00 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 112,923 10.26 49,528 4.50 N/A N/A Colony Bank 143,456 12.99 49,696 4.50 71,783 6.50 Tier I Capital to Average Assets Consolidated 136,423 9.23 59,122 4.00 N/A N/A Colony Bank 143,456 9.70 59,157 4.00 73,946 5.00 (dollars in thousands) Actual For Capital To Be Well Amount Ratio Amount Ratio Amount Ratio As of December 31, 2019 Total Capital to Risk-Weighted Assets Consolidated $ 140,973 13.17 % $ 85,661 8.00 % N/A N/A Colony Bank 151,444 14.19 85,407 8.00 $ 106,758 10.00 % Tier I Capital to Risk-Weighted Assets Consolidated 134,110 12.52 64,246 6.00 N/A N/A Colony Bank 144,581 13.54 64,055 6.00 8,547 8.00 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 110,610 10.33 48,185 4.50 N/A N/A Colony Bank 144,581 13.54 48,041 4.50 69,393 6.50 Tier I Capital to Average Assets Consolidated 134,110 8.92 60,141 4.00 N/A N/A Colony Bank 144,581 9.77 59,977 4.00 74,972 5.00

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Dividend On July 16, 2020, the Board of Directors declared a quarterly cash dividend of $0.10 per share, to be paid on its common stock on August 21, 2020, to shareholders of record as of the close of business on August 7, 2020. COVID-19 The COVID-19 pandemic is having, and will likely continue to have, significant effects on global markets, supply chains, businesses and communities. COVID-19 is likely to impact the Company’s future financial condition and results of operations, including, but not limited to, additional credit loss reserves, additional collateral and/or modifications to debt obligations, liquidity, limited dividend payouts or potential shortages of personnel.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Presentation	Presentation Colony Bankcorp, Inc. (the “Company”) is a bank holding company located in Fitzgerald, Georgia. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Colony Bank, Fitzgerald, Georgia (the “Bank”). The “Company” or “our,” as used herein, includes Colony Bank. In July 2019, a new subsidiary of the Company was incorporated under the name Colony Risk Management, Inc. Colony Risk Management, Inc. is a subsidiary of the Company and is located in Las Vegas, Nevada. It is a captive insurance subsidiary which insures various liability and property damage policies for the Company and its related subsidiaries. Colony Risk Management is regulated by the State of Nevada Division of Insurance. All adjustments consisting of normal recurring accruals which are, in the opinion of management, necessary for fair presentation of the interim consolidated financial statements, have been included and fairly and accurately present the financial position, results of operations and cash flows of the Company. All significant intercompany accounts have been eliminated in consolidation. The accounting and reporting policies of the Company conform to generally accepted accounting principles and practices utilized in the commercial banking industry for interim financial information and Regulation S-X. Accordingly, the accompanying unaudited interim consolidated financial statements do not include all of the information or notes required for complete financial statements. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results which may be expected for the year ending December 31, 2020. These statements should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2019 (“2019 10-K”).
Nature of Operations	Nature of Operations The Bank provides a full range of retail, commercial and mortgage banking services for consumers and small- to medium-size businesses located primarily in central, south and coastal Georgia. The Bank is headquartered in Fitzgerald, Georgia with banking and mortgage offices in Albany, Ashburn, Athens, Broxton, Centerville, Columbus, Cordele, Douglas, Eastman, Fitzgerald, LaGrange, Leesburg, Macon, Moultrie, Quitman, Rochelle, Savannah, Soperton, Sylvester, Statesboro, Thomaston, Tifton, Valdosta and Warner Robins. Lending and investing activities are funded primarily by deposits gathered through its retail banking office network.
Use of Estimates	Use of Estimates In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet date and revenues and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans and fair value of assets acquired and liabilities assumed in a business combination, including goodwill impairment.
Reclassifications	Reclassifications In certain instances, amounts reported in prior years’ consolidated financial statements have been reclassified to conform to statement presentations selected for 2020. Such reclassifications have not materially affected previously reported stockholders’ equity or net income.
Concentrations of Credit Risk	Concentrations of Credit Risk Concentrations of credit risk can exist in relation to individual borrowers or groups of borrowers, certain types of collateral, certain types of industries, or certain geographic regions. The Company has a concentration in real estate loans as well as a geographic concentration that could pose an adverse credit risk. At June 30, 2020, approximately 86% of the Company’s loan portfolio was concentrated in loans secured by real estate. A substantial portion of borrowers’ ability to honor their contractual obligations is dependent upon the viability of the real estate economic sector. Management continues to monitor these concentrations and has considered these concentrations in its allowance for loan loss analysis. The success of the Company is dependent, to a certain extent, upon the economic conditions in the geographic markets it serves. Adverse changes in the economic conditions in these geographic markets would likely have a material adverse effect on the Company’s results of operations and financial condition. The operating results of the Company depend primarily on its net interest income. Accordingly, operations are subject to risks and uncertainties surrounding the exposure to changes in the interest rate environment. At times, the Company may have cash and cash equivalents at financial institutions in excess of federal deposit insurance limits. The Company places its cash and cash equivalents with high credit quality financial institutions whose credit ratings are monitored by management to minimize credit risk.
Changes in Accounting Principles and effects of New Accounting Pronouncements	Changes in Accounting Principles and Effects of New Accounting Pronouncements ASU 2016-13, Financial Instruments – Credit Losses (Topic 326). This ASU sets forth a “current expected credit loss” (CECL) model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supported forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. On October 16, 2019, FASB voted to extend the delay of the effective date of this ASU for smaller reporting companies, such as the Company, until fiscal years beginning after December 15, 2022. The Company is currently assessing the impact of the adoption of this ASU on its consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This update removes several exceptions related to intraperiod tax allocation when there is a loss from continuing operations and income from other items, foreign subsidiaries becoming equity method investments and vice versa, and calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. The guidance also amends requirements related to franchise tax that is partially based on income, a step up in the tax basis of goodwill, allocation of consolidated tax expense to a legal entity not subject to tax in its separate financial statements, the effects of enacted changes in tax laws and other minor codification improvements regarding employee stock ownership plans and investments in qualified affordable housing projects. For public entities, this guidance is effective for fiscal years beginning after December 15, 2020. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In January 2020, the FASB issued ASU No. 2020-01, "Investments—Equity Securities (Topic 321), Investments—Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)—Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force)". This update clarifies whether an entity should consider observable transactions that require it to either apply or discontinue the equity method of accounting for the purposes of applying the measurement alternative and how to account for certain forward contracts and purchased options to purchase securities. For public entities, this guidance is effective for fiscal years beginning after December 15, 2020. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04 "Reference Reform (Topic 848) Facilitation of the Effects of Reference Rate Reform on Financial Reporting" ("ASU 2020-04"). ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of ) reference rate reform on financial reporting. The amendments are effective for the Company as of March 12, 2020 through December 31, 2022. The Company does not believe this standard will have a material impact on its consolidated financial statements. Operating, Accounting and Reporting Considerations Related to COVID-19 The COVID-19 pandemic has negatively impacted the global economy, including the Company’s primary metropolitan markets. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act provides an estimated $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: • Paycheck Protection Program - The CARES Act established the Paycheck Protection Program “PPP”), an expansion of the Small Business Administration’s 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that 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 TDRs. This includes short-term (e.g., three months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment, as long as such modifications are (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 declaration or (b) December 31, 2020. • Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due reporting during the period of the deferral. • Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. As such, beginning in late March 2020, the Company provided relief programs consisting primarily of 90-day payment deferral relief of principal and interest to borrowers negatively impacted by COVID-19 and has accounted for these loan modifications in accordance with ASC 310-40. In addition, the Company also provided principal only payment deferral relief to borrowers of which interest income has been recognized during the deferment period on these interest-only loans.

Business Acquisitions (Tables)

Business Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	(dollars in thousands, except market price) Initial Fair Value Adjustments Subsequent Adjustments (1) Final Balance Purchase price consideration: Shares of CBAN common stock issued to LBC shareholders as of May 1, 2019 1,053,875 1,053,875 1,053,875 Market price of CBAN common stock on May 1, 2019 $ 17.75 $ (0.46) $ 17.29 Estimated fair value of CBAN common stock issued 18,706 (485) 18,221 Cash consideration paid 15,315 — 15,315 Total consideration $ 34,021 $ (485) $ 33,536 Assets acquired at fair value: Cash and cash equivalents $ 15,678 $ — $ 15,678 Investments securities available for sale 49,172 — 49,172 Investments securities held to maturity 1,766 — 1,766 Restricted investments 479 — 479 Loans 130,568 — 130,568 Premises and equipment 3,009 — 3,009 Core deposit intangible 3,100 — 3,100 Other real estate 243 — 243 Prepaid and other assets 6,143 — 6,143 Total fair value of assets acquired $ 210,158 $ — $ 210,158 Liabilities assumed at fair value: Deposits $ (189,896) $ — $ (189,896) FHLB advances (1,000) — (1,000) Payables and other liabilities (975) — (975) Total fair value of liabilities assumed $ (191,871) $ — $ (191,871) Net assets acquired at fair value: $ 18,287 $ — $ 18,287 Amount of goodwill resulting from acquisition $ 15,734 $ (485) $ 15,249 (1) Subsequent adjustments were done within the one year period allowed after the acquisition. (dollars in thousands) Purchase price consideration: Cash consideration paid $ 833 Total consideration $ 833 Assets acquired at fair value: Premises and equipment $ 78 Premium on loan commitments 209 Other assets 5 Total fair value of assets acquired $ 292 Liabilities assumed at fair value: Total fair value of liabilities assumed $ — Net assets acquired at fair value: $ 292 Amount of goodwill resulting from acquisition $ 541
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period	The table below summarizes the total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and fair value of the loans as of the acquisition date for purchased credit impaired loans. Contractually required principal and interest payments have been adjusted for estimated prepayments. (dollars in thousands) Contractually required principal and interest $ 695 Non-accretable difference (519) Cash Flows expected to be collected 176 Accretable yield — Total purchased credit-impaired loans acquired $ 176
Schedule of Business Acquisitions by Acquisition, Acquired Loan Data	The following table presents the acquired loan data for the LBC acquisition. (dollars in thousands) Fair Value of Gross Contractual Estimate at Acquired receivables subject to ASC 310-30 $ 176 $ 695 $ 519 Acquired receivables not subject to ASC 310-30 130,392 132,381 —

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	The amortized cost and estimated fair value of securities available for sale along with gross unrealized gains and losses are summarized as follows: (dollars in thousands) June 30, 2020 Amortized Gross Gross Fair Value Securities Available for Sale: U.S. treasury securities $ 245 $ — $ — $ 245 State, county & municipal securities 29,293 459 (52) 29,700 Corporate debt securities 3,002 4 — 3,006 Mortgage-backed securities 332,208 9,085 (634) 340,659 $ 364,748 $ 9,548 $ (686) $ 373,610 December 31, 2019 Securities Available for Sale: State, county & municipal securities $ 5,133 $ 36 $ (54) $ 5,115 Corporate debt securities 2,811 11 (16) 2,806 Mortgage-backed securities 338,930 2,669 (2,188) 339,411 $ 346,874 $ 2,716 $ (2,258) $ 347,332
Investments Classified by Contractual Maturity Date	This is often the case with mortgage-backed securities, which are disclosed separately in the table below. Securities Available for Sale (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 894 $ 897 Due after one year through five years 3,956 3,989 Due after five years through ten years 4,346 4,421 Due after ten years 23,344 23,644 $ 32,540 $ 32,951 Mortgage-backed securities 332,208 340,659 $ 364,748 $ 373,610
Schedule of Unrealized Loss on Investments	Information pertaining to securities with gross unrealized losses at June 30, 2020 and December 31, 2019 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: Less Than 12 Months 12 Months or Greater Total (dollars in thousands) Fair Gross Fair Gross Fair Gross June 30, 2020 State, county & municipal securities $ 7,840 $ (52) $ — $ — $ 7,840 $ (52) Mortgage-backed securities 17,262 (116) 5,748 (518) 23,010 (634) $ 25,102 $ (168) $ 5,748 $ (518) $ 30,850 $ (686) December 31, 2019 State, county & municipal securities $ 3,257 $ (54) $ — $ — $ 3,257 $ (54) Corporate debt securities — — 784 (16) 784 (16) Mortgage-backed securities 60,860 (277) 119,110 (1,911) 179,970 (2,188) $ 64,117 $ (331) $ 119,894 $ (1,927) $ 184,011 $ (2,258)

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table presents the composition of loans segregated by legacy and purchased loans and by class of loans, as of June 30, 2020 and December 31, 2019. Purchased loans are defined as loans that were acquired in bank acquisitions. June 30, 2020 (dollars in thousands) Legacy Loans Purchased Loans Total Construction, land and land development $ 104,153 $ 27,644 $ 131,797 Other commercial real estate 466,773 51,368 518,141 Total commercial real estate 570,926 79,012 649,938 Residential real estate 160,418 27,921 188,339 Commercial, financial, & agricultural 235,862 15,053 250,915 Consumer and other 21,508 3,277 24,785 Total Loans $ 988,714 $ 125,263 $ 1,113,977 December 31, 2019 (dollars in thousands) Legacy Loans Purchased Loans Total Construction, land and land development $ 83,036 $ 13,061 $ 96,097 Other commercial real estate 481,943 58,296 540,239 Total commercial real estate 564,979 71,357 636,336 Residential real estate 171,341 23,455 194,796 Commercial, financial, & agricultural 91,535 22,825 114,360 Consumer and other 19,245 4,077 23,322 Total Loans $ 847,100 $ 121,714 $ 968,814
Financing Receivable Credit Quality Indicators	The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of June 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes. (dollars in thousands) Pass Special Mention Substandard Total Loans June 30, 2020 Construction, land and land development $ 94,837 $ 9,054 $ 262 $ 104,153 Other commercial real estate 443,380 11,986 11,407 466,773 Total commercial real estate 538,217 21,040 11,669 570,926 Residential real estate 149,085 4,463 6,870 160,418 Commercial, financial, & agricultural 231,187 2,649 2,026 235,862 Consumer and other 21,169 166 173 21,508 Total Loans $ 939,658 $ 28,318 $ 20,738 $ 988,714 (dollars in thousands) December 31, 2019 Construction, land and land development $ 82,322 $ 445 $ 269 $ 83,036 Other commercial real estate 459,064 13,438 9,441 481,943 Total commercial real estate 541,386 13,883 9,710 564,979 Residential real estate 159,194 4,632 7,515 171,341 Commercial, financial, & agricultural 86,558 1,973 3,004 91,535 Consumer and other 18,883 148 214 19,245 Total Loans $ 806,021 $ 20,636 $ 20,443 $ 847,100 The following table presents the purchased loan portfolio by credit quality indicator (risk grade) as of June 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes. For the period ending June 30, 2020, the Company did not have any loans classified as “doubtful” or a “loss”. (dollars in thousands) Pass Special Mention Substandard Total Loans June 30, 2020 Construction, land and land development $ 26,951 $ 611 $ 82 $ 27,644 Other commercial real estate 50,956 376 36 51,368 Total commercial real estate 77,907 987 118 79,012 Residential real estate 27,563 267 91 27,921 Commercial, financial, & agricultural 12,136 2,875 42 15,053 Consumer and other 3,189 — 88 3,277 Total Loans $ 120,795 $ 4,129 $ 339 $ 125,263 December 31, 2019 Construction, land and land development $ 12,996 $ — $ 65 $ 13,061 Other commercial real estate 57,881 381 34 58,296 Total commercial real estate 70,877 381 99 71,357 Residential real estate 23,097 249 109 23,455 Commercial, financial, & agricultural 19,443 2,949 433 22,825 Consumer and other 4,077 — — 4,077 Total Loans $ 117,494 $ 3,579 $ 641 $ 121,714
Financing Receivable, Past Due	The following table presents the aging of the amortized cost basis in legacy loans by aging category and accrual status as of June 30, 2020 and December 31, 2019: (dollars in thousands) 30-89 Days 90 Days Total Accruing Nonaccrual Current Loans Total Loans June 30, 2020 Construction, land and land development $ 27 $ — $ 27 $ 27 $ 104,099 $ 104,153 Other commercial real estate 1,392 — 1,392 5,645 459,736 466,773 Total commercial real estate 1,419 — 1,419 5,672 563,835 570,926 Residential real estate 1,117 — 1,117 3,446 155,855 160,418 Commercial, financial, & agricultural 471 — 471 1,841 233,550 235,862 Consumer and other 85 — 85 115 21,308 21,508 Total Loans $ 3,092 $ — $ 3,092 $ 11,074 $ 974,548 $ 988,714 December 31, 2019 Construction, land and land development $ 50 $ — $ 50 $ 32 $ 82,954 $ 83,036 Other commercial real estate 335 — 335 3,738 477,870 481,943 Total commercial real estate 385 — 385 3,770 560,824 564,979 Residential real estate 1,296 — 1,296 3,643 166,402 171,341 Commercial, financial, & agricultural 212 — 212 1,628 89,695 91,535 Consumer and other 21 — 21 138 19,086 19,245 Total Loans $ 1,914 $ — $ 1,914 $ 9,179 $ 836,007 $ 847,100 (dollars in thousands) 30-89 Days 90 Days Total Accruing Nonaccrual Current Loans Total Loans June 30, 2020 Construction, land and land development $ 121 $ — $ 121 $ 160 $ 27,363 $ 27,644 Other commercial real estate — — — 51,368 51,368 Total commercial real estate 121 — 121 160 78,731 79,012 Residential real estate 102 — 102 103 27,716 27,921 Commercial, financial, & agricultural — — — 34 15,019 15,053 Consumer and other 7 — 7 88 3,182 3,277 Total Loans $ 230 $ — $ 230 $ 385 $ 124,648 $ 125,263 December 31, 2019 Construction, land and land development $ — $ — $ — $ — $ 13,061 $ 13,061 Other commercial real estate 83 — 83 — 58,213 58,296 Total commercial real estate 83 — 83 — 71,274 71,357 Residential real estate 57 — 57 — 23,398 23,455 Commercial, financial, & agricultural 553 — 553 — 22,272 22,825 Consumer and other 8 — 8 — 4,069 4,077 Total Loans $ 701 $ — $ 701 $ — $ 121,013 $ 121,714
Impaired Financing Receivables	The following table details impaired loan data, including purchased credit impaired loans, as of June 30, 2020. June 30, 2020 (dollars in thousands) Unpaid Impaired Related Average With No Related Allowance Recorded Construction, land and land development $ 66 $ 66 $ — $ 66 Commercial real estate 12,777 12,012 — 11,826 Residential real estate 2,466 2,461 2,586 Commercial, financial & agriculture 289 289 — 273 Consumer & other — — — — 15,598 14,828 — 14,751 With An Allowance Recorded Construction, land and land development — — — — Commercial real estate 8,379 8,285 2,022 7,335 Residential real estate 519 520 115 640 Commercial, financial & agriculture 752 749 702 1,369 Consumer & other — — — — 9,650 9,554 2,839 9,344 Purchased Credit Impaired Loans Construction, land and land development 118 82 — 74 Commercial real estate 123 36 — 35 Residential real estate 18 11 10 8 Commercial, financial & agriculture 61 42 — 39 Consumer & other 188 86 85 85 508 257 95 241 Total Construction, land and land development 184 148 — 140 Commercial real estate 21,279 20,333 2,022 19,196 Residential real estate 3,003 2,992 125 3,234 Commercial, financial & agriculture 1,102 1,080 702 1,681 Consumer & other 188 86 85 85 $ 25,756 $ 24,639 $ 2,934 $ 24,336 The following table details impaired loan data as of December 31, 2019. December 31, 2019 (dollars in thousands) Unpaid Impaired Related Average With No Related Allowance Recorded Construction, land and land development $ 67 $ 67 $ — $ 168 Commercial real estate 12,455 11,639 — 13,924 Residential real estate 2,706 2,711 — 3,693 Commercial, financial & agriculture 257 257 910 Consumer & other — — — 123 15,485 14,674 — 18,818 With An Allowance Recorded Construction, land and land development — — — 80 Commercial real estate 6,379 6,385 1,939 3,898 Residential real estate 757 760 137 367 Commercial, financial & agriculture 2,189 1,989 1,073 722 Consumer & other — — — — 9,325 9,134 3,149 5,067 Purchased Credit Impaired Loans Construction, land and land development 65 65 — 80 Commercial real estate 34 34 — 35 Residential real estate 11 11 6 24 Commercial, financial & agriculture 37 37 — 47 Consumer & other — — — — 147 147 6 186 Total Construction, land and land development 132 132 — 328 Commercial real estate 18,868 18,058 1,939 17,857 Residential real estate 3,474 3,482 143 4,084 Commercial, financial & agriculture 2,483 2,283 1,073 1,679 Consumer & other — — — 123 $ 24,957 $ 23,955 $ 3,155 $ 24,071 Interest income recorded on impaired loans during the three months ended June 30, 2020 and 2019 were $104,000 and $274,000, respectively and during the six months ended June 30, 2020 and 2019 were $154,000 and $477,000, respectively.

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Financing Receivable, Allowance for Credit Loss	The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the three and six months periods ended June 30, 2020 and June 30, 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other loan categories and periodically may result in reallocation within the provision categories. (dollars in thousands) Construction, land and land development Other commercial real estate Residential real estate Commercial, financial & agricultural Consumer and other Total Three months ended June 30, 2020 Beginning Balance $ 354 $ 4,821 $ 1,203 $ 1,780 $ 226 $ 8,384 Charge-offs (4) — (16) — (364) (384) Recoveries 12 21 6 19 31 89 Provision 397 869 438 114 382 2,200 Ending balance 759 5,711 1,631 1,913 275 10,289 Six months ended June 30, 2020 Beginning Balance $ 215 $ 3,908 $ 980 $ 1,657 $ 103 $ 6,863 Charge-offs (4) (30) (80) (68) (715) (897) Recoveries 25 26 10 20 86 167 Provision 523 1,807 721 304 801 4,156 Ending balance 759 5,711 1,631 1,913 275 10,289 Period end amount allocated to Individually evaluated for impairment — 2,022 115 702 — 2,839 Collectively evaluated for impairment 759 3,689 1,506 1,211 190 7,355 Purchase credit impaired — — 10 — 85 95 Ending Balance 759 5,711 1,631 1,913 275 10,289 Loans Individually evaluated for impairment 66 20,297 2,981 1,038 — 24,382 Collectively evaluated for impairment 131,649 497,808 185,347 249,835 24,699 1,089,338 Purchase credit impaired 82 36 11 42 86 257 Ending balance $ 131,797 $ 518,141 $ 188,339 $ 250,915 $ 24,785 $ 1,113,977 (dollars in thousands) Construction, land and land development Other commercial real estate Residential real estate Commercial, financial & agricultural Consumer and other Total Three months ended June 30, 2019 Beginning Balance $ 20 $ 5,062 $ 949 $ 466 $ 92 $ 6,589 Charge-offs — — (18) (28) (109) (155) Recoveries 37 7 110 11 11 176 Provision (45) (639) (196) 972 87 179 Ending balance 12 4,430 845 1,421 81 6,789 Six months ended June 30, 2019 Beginning Balance $ 131 $ 5,251 $ 1,181 $ 618 $ 96 $ 7,277 Charge-offs (29) (119) (647) (125) (179) (1,099) Recoveries 54 41 159 17 30 301 Provision (144) (743) 152 911 134 310 Ending balance 12 4,430 845 1,421 81 6,789 December 31, 2019 Period end amount allocated to Individually evaluated for impairment — 1,939 137 1,073 — 3,149 Collectively evaluated for impairment 215 1,969 837 584 103 3,708 Purchase credit impaired — — 6 — — 6 Ending Balance 215 3,908 980 1,657 103 6,863 Loans Individually evaluated for impairment 67 18,024 3,471 2,246 — 23,808 Collectively evaluated for impairment 95,965 522,181 191,314 112,077 23,322 944,859 Purchase credit impaired 65 34 11 37 — 147 Ending Balance $ 96,097 $ 540,239 $ 194,796 $ 114,360 $ 23,322 $ 968,814

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Balance Sheet Classification of Operating Lease Right-of-use Assets and Lease Liabilities	The following table represents the consolidated balance sheet classification of the Company’s ROU assets and liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet. (dollars in thousands) Classification June 30, 2020 December 31, 2019 Assets Operating lease right-of-use assets Other assets $ 633 $ 572 Liabilities Operating lease liabilities Other liabilities 633 547
Lessee, Operating Lease, Liability, Maturity	The following table represents the future maturities of the operating lease liabilities and other lease information as of June 30, 2020. (dollars in thousands) Lease Liability 2021 $ 222 2022 152 2023 101 2024 45 2025 45 After June 30, 2025 104 Total lease payments $ 669 Less: interest (36) Present value of lease liabilities $ 633 Supplemental lease information: Cash paid for amounts included in the measurement of lease liabilities: June 30, 2020 Operating cash flows from operating leases (cash payments) $ 116 Operating cash flows from operating leases (lease liability reduction) 110 Operating lease right-of-use assets obtained in exchange for leases entered into during the period 196

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following table presents information regarding the Company’s outstanding borrowings at June 30, 2020 and December 31, 2019: (dollars in thousands) June 30, 2020 December 31, 2019 Federal Home Loan Bank advances $ 36,500 $ 47,000 Paycheck Protection Program (PPP) Liquidity Facility 134,500 — Other borrowings 38,292 38,792 $ 209,292 $ 85,792
Schedule of Maturities of Long-term Debt	The aggregate stated maturities of other borrowed money at June 30, 2020 are as follows: (dollars in thousands) Year Amount 2021 $ 5,313 2022 14,000 2023 3,000 2024 8,750 2025 and After 43,729 PPPLF 134,500 $ 209,292

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents earnings per share for the three and six months ended June 30, 2020 and 2019. (dollars in thousands, except per share data) Three Months Ended Six Months Ended 2020 2019 2020 2019 Numerator Net income available to common stockholders $ 2,214 $ 2,101 $ 3,817 $ 4,936 Denominator Weighted average number of common shares Outstanding for basic earnings per common share 9,499 9,089 9,499 8,765 Weighted-average number of shares outstanding for diluted earnings per common share 9,499 9,089 9,499 8,765 Earnings per share - basic $ 0.23 $ 0.23 $ 0.40 $ 0.56 Earnings per share - diluted $ 0.23 $ 0.23 $ 0.40 $ 0.56

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary Of Financial Instrument Outstanding	At June 30, 2020 and December 31, 2019 the following financial instruments were outstanding whose contract amounts represent credit risk: Contract Amount (dollars in thousands) June 30, 2020 December 31, 2019 Loan commitments $ 145,209 $ 102,890 Letters of credit 2,491 1,576

Fair Value of Financial Instr_2

Fair Value of Financial Instruments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The carrying amount, estimated fair values, and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2020 and December 31, 2019 are as follows: Fair Value Measurements (dollars in thousands) Carrying Estimated Level Level Level June 30, 2020 Assets Cash and short-term investments $ 191,046 $ 191,046 $ 191,046 $ — $ — Investment securities available for sale 373,610 373,610 — 371,604 2,006 Other investments, at cost 3,954 3,954 3,225 729 — Loans held for sale 16,537 16,537 — 16,537 — Loans, net 1,103,688 1,125,455 — — 1,125,455 Liabilities Deposits 1,421,758 1,421,287 — 1,421,287 — Paycheck Protection Program Liquidity Facility 134,500 134,500 — 134,500 — Federal Home Loan Bank advances 36,500 33,820 — 33,820 — Other borrowings 38,292 38,292 — 38,292 — Fair Value Measurements (dollars in thousands) Carrying Estimated Level Level Level December 31, 2019 Assets Cash and short-term investments $ 104,092 $ 104,092 $ 104,192 $ — $ — Investment securities available for sale 347,332 347,332 — 345,310 2,022 Other investments, at cost 4,288 4,288 3,559 729 — Loans held for sale 10,076 10,076 — 10,076 — Loans, net 961,951 938,475 — — 938,475 Liabilities Deposits 1,293,742 1,294,506 — 1,294,506 — Federal Home Loan Bank advances 47,000 44,402 — 44,402 — Other borrowings 38,792 38,792 — 38,792 —
Fair Value Measurements, Recurring and Nonrecurring	The following table presents the recorded amount of the Company’s assets measured at fair value on a recurring and nonrecurring basis as of June 30, 2020 and December 31, 2019, aggregated by the level in the fair value hierarchy within which those measurements fall. The table below includes only impaired loans with a specific reserve and only other real estate properties with a valuation allowance at June 30, 2020 and December 31, 2019. Those impaired loans and other real estate properties are shown net of the related specific reserves and valuation allowances. Fair Value Measurements at Reporting Date Using (dollars in thousands) Total Fair Value Quoted Prices in Significant Other Significant June 30, 2020 Recurring Securities Available for Sale U.S. treasury securities $ 245 $ — $ 245 $ — State, county & municipal securities 29,700 — 29,700 — Corporate Debt securities 3,006 — 1,000 2,006 Mortgage-backed securities 340,659 — 340,659 — Total available for sale securities $ 373,610 $ — $ 371,604 $ 2,006 Nonrecurring Collateral Dependent Impaired Loans $ 4,820 $ — $ — $ 4,820 Other Real Estate 1,769 — — 1,769 Total nonrecurring assets $ 6,589 $ — $ — $ 6,589 Fair Value Measurements at Reporting Date Using (dollars in thousands) Total Fair Quoted Prices in Significant Other Significant December 31, 2019 Recurring Securities Available for Sale State, county & municipal securities $ 5,115 $ — $ 5,115 $ — Corporate Debt securities 2,806 — 784 2,022 Mortgage-backed securities 339,411 — 339,411 — Total available for sale securities $ 347,332 $ — $ 345,310 $ 2,022 Nonrecurring Collateral Dependent Impaired Loans $ 5,985 $ — $ — 5,985 Other Real Estate 1,320 — — 1,320 Total nonrecurring assets $ 7,305 $ — $ — $ 7,305
Fair Value Measurement Inputs and Valuation Techniques	The following table presents quantitative information about the significant unobservable inputs used in the fair value measurements for assets in level 3 of the fair value hierarchy measured on a nonrecurring basis at June 30, 2020 and December 31, 2019. This table is comprised primarily of collateral dependent impaired loans and other real estate: (dollars in thousands) June 30, 2020 Valuation Unobservable Range Collateral Dependent Impaired Loans $ 4,820 Appraised Value Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 10 % 80 % Other Real Estate 1,769 Appraised Value/Comparable Sales Discounts to reflect current market conditions and estimated costs to sell — % 20 % (dollars in thousands) December 31, 2019 Valuation Unobservable Range Collateral Dependent Impaired Loans $ 5,985 Appraised Value Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell — % 20 % Other Real Estate 1,320 Appraised Value/Comparable Sales Discounts to reflect current market conditions and estimated costs to sell — % 20 % The following table presents quantitative information about recurring level 3 fair value measurements as of June 30, 2020 and December 31, 2019. (dollars in thousands) June 30, 2020 Fair Value Valuation Techniques Unobservable Range Corporate debt securities $ 2,006 Discounted Cash Flow Discount Rate or Yield N/A* December 31, 2019 Corporate debt securities $ 2,022 Discounted Cash Flow Discount Rate or Yield N/A* * The Company relies on a third-party pricing service to value its securities. The details of the unobservable inputs and other adjustments used by the third-party pricing service were not readily available to the Company.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The table below presents a reconciliation and statement of income classification of gains and losses for all assets measured at fair value on a recurring basis using significant unobservable inputs (level 3) for the six months ended June 30, 2020 and 2019. Available for Sale Securities (dollars in thousands) June 30, 2020 June 30, 2019 Balance, Beginning $ 2,022 $ 4,277 Transfers out of Level 3 — — Sales — — Paydowns (16) (883) Realized Loss on Sale of Security — — Unrealized gains included in Other Comprehensive Income — 40 Balance, Ending $ 2,006 $ 3,434

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables present information reported internally for performance assessment for the three and six months ended June 30, 2020 and 2019: (dollars in thousands) Bank Mortgage Small Totals Three months ended June 30, 2020 Net Interest Income $ 12,730 $ 82 $ 729 $ 13,541 Provision for Loan Losses 2,200 — — 2,200 Noninterest Income 2,901 1,821 121 4,843 Noninterest Expenses 11,045 1,697 633 13,375 Income Taxes 320 43 232 595 Segment Profit (Loss) $ 2,066 $ 163 $ (15) $ 2,214 Segments Assets at June 30, 2020 $ 1,622,608 $ 17,578 $ 137,382 $ 1,777,568 (dollars in thousands) Bank Mortgage Small Totals Three months ended June 30, 2019 Net Interest Income $ 11,806 $ 19 $ — $ 11,825 Provision for Loan Losses 179 — — 179 Noninterest Income 3,148 852 — 4,000 Noninterest Expenses 12,168 846 — 13,014 Income Taxes 526 5 — 531 Segment Profit $ 2,081 $ 20 $ — $ 2,101 Segments Assets at June 30, 2019 $ 1,502,974 $ 3,998 $ — $ 1,506,972 (dollars in thousands) Bank Mortgage Small Totals Six months ended June 30, 2020 Net Interest Income $ 25,386 $ 116 $ 743 $ 26,245 Provision for Loan Losses 4,156 — — 4,156 Noninterest Income 5,950 3,074 380 9,404 Noninterest Expenses 22,712 2,892 1,149 26,753 Income Taxes 688 54 181 923 Segment Profit (Loss) $ 3,780 $ 244 $ (207) $ 3,817 (dollars in thousands) Bank Mortgage Small Totals Six months ended June 30, 2019 Net Interest Income $ 22,163 $ 19 $ — $ 22,182 Provision for Loan Losses 310 — — 310 Noninterest Income 5,482 852 — 6,334 Noninterest Expenses 21,194 846 — 22,040 Income Taxes 1,225 5 — 1,230 Segment Profit $ 4,916 $ 20 $ — $ 4,936

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	6 Months Ended
	Jun. 30, 2020
Banking And Thrift Disclosure [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The following table summarizes regulatory capital information as of June 30, 2020 and December 31, 2019 on a consolidated basis and for the subsidiary, as defined. Regulatory capital ratios for June 30, 2020 and December 31, 2019 were calculated in accordance with the Basel III rules. (dollars in thousands) Actual For Capital To Be Well Amount Ratio Amount Ratio Amount Ratio As of June 30, 2020 Total Capital to Risk-Weighted Assets Consolidated $ 146,711 13.32 % $ 88,115 8.00 % N/A N/A Colony Bank 153,745 13.92 88,359 8.00 $ 110,449 10.00 % Tier I Capital to Risk-Weighted Assets Consolidated 136,423 12.39 66,064 6.00 N/A N/A Colony Bank 143,456 12.99 66,261 6.00 88,349 8.00 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 112,923 10.26 49,528 4.50 N/A N/A Colony Bank 143,456 12.99 49,696 4.50 71,783 6.50 Tier I Capital to Average Assets Consolidated 136,423 9.23 59,122 4.00 N/A N/A Colony Bank 143,456 9.70 59,157 4.00 73,946 5.00 (dollars in thousands) Actual For Capital To Be Well Amount Ratio Amount Ratio Amount Ratio As of December 31, 2019 Total Capital to Risk-Weighted Assets Consolidated $ 140,973 13.17 % $ 85,661 8.00 % N/A N/A Colony Bank 151,444 14.19 85,407 8.00 $ 106,758 10.00 % Tier I Capital to Risk-Weighted Assets Consolidated 134,110 12.52 64,246 6.00 N/A N/A Colony Bank 144,581 13.54 64,055 6.00 8,547 8.00 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 110,610 10.33 48,185 4.50 N/A N/A Colony Bank 144,581 13.54 48,041 4.50 69,393 6.50 Tier I Capital to Average Assets Consolidated 134,110 8.92 60,141 4.00 N/A N/A Colony Bank 144,581 9.77 59,977 4.00 74,972 5.00

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Percentage of Loan Portfolio Concentrated in Loans Secured by Real Estate	86.00%

Business Acquisitions (Details

Business Acquisitions (Details Textual) $ / shares in Units, $ in Thousands	May 01, 2019USD ($)bank$ / sharesshares	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Cash consideration paid		$ 0	$ 467
Goodwill		$ 15,992		$ 16,477
LBC Bancshares, Inc
Business Acquisition [Line Items]
Number of banking locations | bank	2
Share price (in dollars per share) | $ / shares	$ 23.50
Number of shares received for each share of LBC common stock | shares	1.3239
Stock consideration received, percentage of shares	55.00%
Cash consideration received, percentage of shares	45.00%
Minimum percentage of merger consideration paid	50.00%
Share of stock issued (in shares) | shares	1,053,875	1,053,875
Fair value of shares issued	$ 18,706	$ 18,221
Cash consideration paid	15,315	15,315
Goodwill	15,734	15,249
Loans purchased at fair value	130,568	$ 130,568
Discount on loans purchased	$ 2,200
Discount on loans purchased, percentage of loan value	1.63%
Credit impaired loans acquired	$ 176
LBC Bancshares, Inc | LaGrange, Georgia
Business Acquisition [Line Items]
Number of banking locations | bank	1
LBC Bancshares, Inc | Columbus, Georgia
Business Acquisition [Line Items]
Number of banking locations | bank	1
PFB Mortgage
Business Acquisition [Line Items]
Cash consideration paid	$ 833
Goodwill	$ 541

Business Acquisitions - Assets

Business Acquisitions - Assets and Liabilities Acquired (Details) - USD ($) $ / shares in Units, $ in Thousands	May 01, 2019	Jun. 30, 2020	Jun. 30, 2019	May 01, 2020	Dec. 31, 2019
Purchase price consideration:
Cash consideration paid		$ 0	$ 467
Assets acquired at fair value:
Amount of goodwill resulting from acquisition		$ 15,992			$ 16,477
LBC Bancshares, Inc
Purchase price consideration:
Shares of CBAN common stock issued to LBC shareholders (in shares)	1,053,875	1,053,875
Market Price of CBAN Common Stock on May 1, 2019 (in dollars per share)	$ 17.75	$ 17.29
Estimated fair value of CBAN common stock issued	$ 18,706	$ 18,221
Cash consideration paid	15,315	15,315
Total purchase price for PFB branch acquisition	34,021	33,536
Assets acquired at fair value:
Cash and cash equivalents	15,678	15,678
Investments securities available for sale	49,172	49,172
Investments securities held to maturity	1,766	1,766
Restricted investments	479	479
Loans	130,568	130,568
Premises and equipment	3,009	3,009
Core deposit intangible	3,100	3,100
Other real estate	243	243
Prepaid and other assets	6,143	6,143
Total fair value of assets acquired	210,158	210,158
Deposits	(189,896)	(189,896)
FHLB advances	(1,000)	(1,000)
Payables and other liabilities	(975)	(975)
Total fair value of liabilities assumed	(191,871)	(191,871)
Net assets acquired at fair value:	18,287	18,287
Amount of goodwill resulting from acquisition	15,734	$ 15,249
Subsequent Adjustments
Shares of CBAN common stock issued to LBC shareholders (in shares)				1,053,875
Market price of CBAN common stock on May 1, 2019 (in dollars per share)				$ (0.46)
Estimated fair value of CBAN common stock issued				$ (485)
Total consideration				(485)
Goodwill				$ (485)
PFB Mortgage
Purchase price consideration:
Cash consideration paid	833
Total purchase price for PFB branch acquisition	833
Assets acquired at fair value:
Premises and equipment	78
Premium on loan commitments	209
Other assets	5
Total fair value of assets acquired	292
Total fair value of liabilities assumed	0
Net assets acquired at fair value:	292
Amount of goodwill resulting from acquisition	$ 541

Business Acquisitions - Contrac

Business Acquisitions - Contractually Required Principal and Interest Cash Payments (Details) - LBC Bancshares, Inc $ in Thousands	May 01, 2019USD ($)
Business Acquisition [Line Items]
Contractually required principal and interest	$ 695
Non-accretable difference	(519)
Cash Flows expected to be collected	176
Accretable yield	0
Total purchased credit-impaired loans acquired	$ 176

Business Acquisitions - Loan Da

Business Acquisitions - Loan Data for the LBC Acquisition (Details) - LBC Bancshares, Inc $ in Thousands	May 01, 2019USD ($)
Acquired receivables subject to ASC 310-30
Fair Value of Acquired Loans at Acquisition Date	$ 176
Gross Contractual Amounts Receivable at Acquisition Date	695
Estimate at Acquisition Date of Contractual Cash Flows Not Expected to be Collected	519
Acquired receivables not subject to ASC 310-30
Fair Value of Acquired Loans at Acquisition Date	130,392
Gross Contractual Amounts Receivable at Acquisition Date	132,381
Estimate at Acquisition Date of Contractual Cash Flows Not Expected to be Collected	$ 0

Investment Securities - Schedul

Investment Securities - Schedule of Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securities Available for Sale:
Amortized cost	$ 364,748	$ 346,874
Gross Unrealized Gains	9,548	2,716
Gross Unrealized Losses	(686)	(2,258)
Investment securities available for sale, at fair value	373,610	347,332
U.S. treasury securities
Securities Available for Sale:
Amortized cost	245
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Investment securities available for sale, at fair value	245
State, county & municipal securities
Securities Available for Sale:
Amortized cost	29,293	5,133
Gross Unrealized Gains	459	36
Gross Unrealized Losses	(52)	(54)
Investment securities available for sale, at fair value	29,700	5,115
Corporate Debt securities
Securities Available for Sale:
Amortized cost	3,002	2,811
Gross Unrealized Gains	4	11
Gross Unrealized Losses	0	(16)
Investment securities available for sale, at fair value	3,006	2,806
Mortgage-backed securities
Securities Available for Sale:
Amortized cost	332,208	338,930
Gross Unrealized Gains	9,085	2,669
Gross Unrealized Losses	(634)	(2,188)
Investment securities available for sale, at fair value	$ 340,659	$ 339,411

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Value of Investment Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost
Due in one year or less	$ 894
Due after one year through five years	3,956
Due after five years through ten years	4,346
Due after ten years	23,344
Debt Securities With Single Maturity Date, Amortized Cost	32,540
Mortgage-backed securities	332,208
Amortized cost	364,748	$ 346,874
Fair Value
Due In One Year or Less	897
Due After One Year Through Five Years	3,989
Due After Five Years Through Ten Years	4,421
Due After Ten Years	23,644
Debt Securities With Single Maturity Date, Fair Value	32,951
Mortgage-Backed Securities	340,659
Fair Value	$ 373,610	$ 347,332

Investment Securities - (Detail

Investment Securities - (Details Textual)	6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Investments, Debt and Equity Securities [Abstract]
Proceeds from sale of investment securities available for sale	$ 15,314,000	$ 56,821,000
Gross realized gain on sale	355,000	117,000
Gross realized loss on sale	62,000	52,000
Proceeds from sale of investment securities held to maturity	0	$ 1,766,000
Investment securities pledged as collateral	$ 109,300,000		$ 122,300,000
Number of securities that have unrealized losses	23
Securities deemed to be other than temporary	$ 0

Investment Securities - Continu

Investment Securities - Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Gross Unrealized Losses
Less Than 12 Months	$ (168)	$ (331)
12 Months or Greater	(518)	(1,927)
Total	(686)	(2,258)
Fair Value
Less Than 12 Months	25,102	64,117
12 Months or Greater	5,748	119,894
Fair Value	30,850	184,011
State, county & municipal securities
Gross Unrealized Losses
Less Than 12 Months	(52)	(54)
12 Months or Greater	0	0
Total	(52)	(54)
Fair Value
Less Than 12 Months	7,840	3,257
12 Months or Greater	0	0
Fair Value	7,840	3,257
Corporate debt securities
Gross Unrealized Losses
Less Than 12 Months		0
12 Months or Greater		(16)
Total		(16)
Fair Value
Less Than 12 Months		0
12 Months or Greater		784
Fair Value		784
Mortgage-backed securities
Gross Unrealized Losses
Less Than 12 Months	(116)	(277)
12 Months or Greater	(518)	(1,911)
Total	(634)	(2,188)
Fair Value
Less Than 12 Months	17,262	60,860
12 Months or Greater	5,748	119,110
Fair Value	$ 23,010	$ 179,970

Loans - Segregated by Class of

Loans - Segregated by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 1,113,977	$ 968,814
Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	988,714	847,100
Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	125,263	121,714
Construction, land and land development
Loans and Leases Receivable Disclosure [Line Items]
Loans	131,797	96,097
Other commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	518,141	540,239
Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	188,339	194,796
Residential real estate | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	160,418	171,341
Residential real estate | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	27,921	23,455
Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	250,915	114,360
Commercial, financial, & agricultural | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	235,862	91,535
Commercial, financial, & agricultural | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	15,053	22,825
Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	24,785	23,322
Consumer and other | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	21,508	19,245
Consumer and other | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	3,277	4,077
Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	649,938	636,336
Commercial Real Estate Portfolio Segment | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	570,926	564,979
Commercial Real Estate Portfolio Segment | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	79,012	71,357
Commercial Real Estate Portfolio Segment | Construction, land and land development
Loans and Leases Receivable Disclosure [Line Items]
Loans	131,797	96,097
Commercial Real Estate Portfolio Segment | Construction, land and land development | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	104,153	83,036
Commercial Real Estate Portfolio Segment | Construction, land and land development | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	27,644	13,061
Commercial Real Estate Portfolio Segment | Other commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	518,141	540,239
Commercial Real Estate Portfolio Segment | Other commercial real estate | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	466,773	481,943
Commercial Real Estate Portfolio Segment | Other commercial real estate | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 51,368	$ 58,296

Loans - Loan Portfolio by Credi

Loans - Loan Portfolio by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 1,113,977	$ 968,814
Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	649,938	636,336
Construction, land and land development
Loans and Leases Receivable Disclosure [Line Items]
Loans	131,797	96,097
Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	131,797	96,097
Other commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	518,141	540,239
Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	518,141	540,239
Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	188,339	194,796
Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	250,915	114,360
Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	24,785	23,322
Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	988,714	847,100
Legacy Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	570,926	564,979
Legacy Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	104,153	83,036
Legacy Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	466,773	481,943
Legacy Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	160,418	171,341
Legacy Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	235,862	91,535
Legacy Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	21,508	19,245
Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	125,263	121,714
Purchased Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	79,012	71,357
Purchased Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	27,644	13,061
Purchased Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	51,368	58,296
Purchased Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	27,921	23,455
Purchased Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	15,053	22,825
Purchased Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	3,277	4,077
Pass | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	939,658	806,021
Pass | Legacy Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	538,217	541,386
Pass | Legacy Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	94,837	82,322
Pass | Legacy Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	443,380	459,064
Pass | Legacy Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	149,085	159,194
Pass | Legacy Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	231,187	86,558
Pass | Legacy Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	21,169	18,883
Pass | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	120,795	117,494
Pass | Purchased Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	77,907	70,877
Pass | Purchased Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	26,951	12,996
Pass | Purchased Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	50,956	57,881
Pass | Purchased Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	27,563	23,097
Pass | Purchased Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	12,136	19,443
Pass | Purchased Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	3,189	4,077
Special Mention | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	28,318	20,636
Special Mention | Legacy Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	21,040	13,883
Special Mention | Legacy Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	9,054	445
Special Mention | Legacy Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	11,986	13,438
Special Mention | Legacy Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	4,463	4,632
Special Mention | Legacy Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	2,649	1,973
Special Mention | Legacy Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	166	148
Special Mention | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	4,129	3,579
Special Mention | Purchased Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	987	381
Special Mention | Purchased Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	611	0
Special Mention | Purchased Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	376	381
Special Mention | Purchased Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	267	249
Special Mention | Purchased Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	2,875	2,949
Special Mention | Purchased Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Substandard | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	20,738	20,443
Substandard | Legacy Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	11,669	9,710
Substandard | Legacy Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	262	269
Substandard | Legacy Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	11,407	9,441
Substandard | Legacy Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	6,870	7,515
Substandard | Legacy Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	2,026	3,004
Substandard | Legacy Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	173	214
Substandard | Purchased Loans
Loans and Leases Receivable Disclosure [Line Items]
Loans	339	641
Substandard | Purchased Loans | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	118	99
Substandard | Purchased Loans | Construction, land and land development | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	82	65
Substandard | Purchased Loans | Other commercial real estate | Commercial Real Estate Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	36	34
Substandard | Purchased Loans | Residential real estate
Loans and Leases Receivable Disclosure [Line Items]
Loans	91	109
Substandard | Purchased Loans | Commercial, financial, & agricultural
Loans and Leases Receivable Disclosure [Line Items]
Loans	42	433
Substandard | Purchased Loans | Consumer and other
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 88	$ 0

Loans - (Details Textual)

Loans - (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)numberOfLoans	Jun. 30, 2019USD ($)numberOfLoans	Jun. 30, 2020USD ($)numberOfLoans	Jun. 30, 2019USD ($)numberOfLoans	Dec. 31, 2019USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Loan originations	$ 1,113,977,000		$ 1,113,977,000		$ 968,814,000
Outstanding balance of high risk loans, minimum	250,000		250,000		250,000
Interest income on impaired loans	104,000	$ 274,000	154,000	$ 477,000
Unfunded commitments to lend	$ 0		$ 0
Loan contracts restructured	0	0	0	0
Number of loans that subsequently defaulted | numberOfLoans	0	0	0	0
Loans	$ 1,113,977,000		$ 1,113,977,000		968,814,000
Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loan originations	988,714,000		988,714,000		847,100,000
Loans	988,714,000		988,714,000		$ 847,100,000
Loans Receivable | Legacy Loans
Loans and Leases Receivable Disclosure [Line Items]
Loan originations	137,800,000		137,800,000
Loans	137,800,000		137,800,000
Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Loan originations	113,200,000		113,200,000
Loans	$ 113,200,000		$ 113,200,000

Loans - Age Analysis of Past Du

Loans - Age Analysis of Past Due Loans and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Loans	$ 1,113,977	$ 968,814
Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	3,092	1,914
Nonaccrual Loans	11,074	9,179
Current Loans	974,548	836,007
Loans	988,714	847,100
Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	230	701
Nonaccrual Loans	385	0
Current Loans	124,648	121,013
Loans	125,263	121,714
30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	3,092	1,914
30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	230	701
90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Residential real estate
Financing Receivable, Past Due [Line Items]
Loans	188,339	194,796
Residential real estate | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,117	1,296
Nonaccrual Loans	3,446	3,643
Current Loans	155,855	166,402
Loans	160,418	171,341
Residential real estate | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	102	57
Nonaccrual Loans	103	0
Current Loans	27,716	23,398
Loans	27,921	23,455
Residential real estate | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,117	1,296
Residential real estate | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	102	57
Residential real estate | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Residential real estate | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial, financial, & agricultural
Financing Receivable, Past Due [Line Items]
Loans	250,915	114,360
Commercial, financial, & agricultural | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	471	212
Nonaccrual Loans	1,841	1,628
Current Loans	233,550	89,695
Loans	235,862	91,535
Commercial, financial, & agricultural | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	553
Nonaccrual Loans	34	0
Current Loans	15,019	22,272
Loans	15,053	22,825
Commercial, financial, & agricultural | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	471	212
Commercial, financial, & agricultural | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	553
Commercial, financial, & agricultural | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial, financial, & agricultural | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Consumer and other
Financing Receivable, Past Due [Line Items]
Loans	24,785	23,322
Consumer and other | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	85	21
Nonaccrual Loans	115	138
Current Loans	21,308	19,086
Loans	21,508	19,245
Consumer and other | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	7	8
Nonaccrual Loans	88	0
Current Loans	3,182	4,069
Loans	3,277	4,077
Consumer and other | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	85	21
Consumer and other | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	7	8
Consumer and other | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Consumer and other | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Construction, land and land development
Financing Receivable, Past Due [Line Items]
Loans	131,797	96,097
Other commercial real estate
Financing Receivable, Past Due [Line Items]
Loans	518,141	540,239
Commercial Real Estate Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans	649,938	636,336
Commercial Real Estate Portfolio Segment | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,419	385
Nonaccrual Loans	5,672	3,770
Current Loans	563,835	560,824
Loans	570,926	564,979
Commercial Real Estate Portfolio Segment | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	121	83
Nonaccrual Loans	160	0
Current Loans	78,731	71,274
Loans	79,012	71,357
Commercial Real Estate Portfolio Segment | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,419	385
Commercial Real Estate Portfolio Segment | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	121	83
Commercial Real Estate Portfolio Segment | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial Real Estate Portfolio Segment | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial Real Estate Portfolio Segment | Construction, land and land development
Financing Receivable, Past Due [Line Items]
Loans	131,797	96,097
Commercial Real Estate Portfolio Segment | Construction, land and land development | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	27	50
Nonaccrual Loans	27	32
Current Loans	104,099	82,954
Loans	104,153	83,036
Commercial Real Estate Portfolio Segment | Construction, land and land development | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	121	0
Nonaccrual Loans	160	0
Current Loans	27,363	13,061
Loans	27,644	13,061
Commercial Real Estate Portfolio Segment | Construction, land and land development | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	27	50
Commercial Real Estate Portfolio Segment | Construction, land and land development | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	121	0
Commercial Real Estate Portfolio Segment | Construction, land and land development | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial Real Estate Portfolio Segment | Construction, land and land development | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial Real Estate Portfolio Segment | Other commercial real estate
Financing Receivable, Past Due [Line Items]
Loans	518,141	540,239
Commercial Real Estate Portfolio Segment | Other commercial real estate | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,392	335
Nonaccrual Loans	5,645	3,738
Current Loans	459,736	477,870
Loans	466,773	481,943
Commercial Real Estate Portfolio Segment | Other commercial real estate | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	83
Nonaccrual Loans	0	0
Current Loans	51,368	58,213
Loans	51,368	58,296
Commercial Real Estate Portfolio Segment | Other commercial real estate | 30-89 Days Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	1,392	335
Commercial Real Estate Portfolio Segment | Other commercial real estate | 30-89 Days Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	83
Commercial Real Estate Portfolio Segment | Other commercial real estate | 90 Days or More Past Due | Legacy Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due	0	0
Commercial Real Estate Portfolio Segment | Other commercial real estate | 90 Days or More Past Due | Purchased Loans
Financing Receivable, Past Due [Line Items]
Accruing Loans Past Due		$ 0

Loans - Impaired Loan Data (Det

Loans - Impaired Loan Data (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		$ 15,598	$ 15,485
With An Allowance Recorded		9,650	9,325
Loans Including Purchased Credit Impaired Loans		25,756	24,957
Impaired Balance
With No Related Allowance Recorded		14,828	14,674
With An Allowance Recorded		9,554	9,134
Loans Including Purchased Credit Impaired Loans		24,639	23,955
Related Allowance
With An Allowance Recorded		2,839	3,149
Total Impaired Loans		2,934	3,155
Average Recorded Investment
With No Related Allowance Recorded	$ 18,818	14,751
With An Allowance Recorded	5,067	9,344
Loans Including Purchased Credit Impaired Loans	24,071	24,336
Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		508	147
Impaired Balance
Loans Including Purchased Credit Impaired Loans		257	147
Related Allowance
Purchased Credit Impaired Loans		95	6
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	186	241
Construction, land and land development
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		66	67
With An Allowance Recorded		0	0
Loans Including Purchased Credit Impaired Loans		184	132
Impaired Balance
With No Related Allowance Recorded		66	67
With An Allowance Recorded		0	0
Loans Including Purchased Credit Impaired Loans		148	132
Related Allowance
With An Allowance Recorded		0	0
Total Impaired Loans		0	0
Average Recorded Investment
With No Related Allowance Recorded	168	66
With An Allowance Recorded	80	0
Loans Including Purchased Credit Impaired Loans	328	140
Construction, land and land development | Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		118	65
Impaired Balance
Loans Including Purchased Credit Impaired Loans		82	65
Related Allowance
Purchased Credit Impaired Loans		0	0
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	80	74
Residential real estate
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		2,466	2,706
With An Allowance Recorded		519	757
Loans Including Purchased Credit Impaired Loans		3,003	3,474
Impaired Balance
With No Related Allowance Recorded		2,461	2,711
With An Allowance Recorded		520	760
Loans Including Purchased Credit Impaired Loans		2,992	3,482
Related Allowance
With An Allowance Recorded		115	137
Total Impaired Loans		125	143
Average Recorded Investment
With No Related Allowance Recorded	3,693	2,586
With An Allowance Recorded	367	640
Loans Including Purchased Credit Impaired Loans	4,084	3,234
Residential real estate | Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		18	11
Impaired Balance
Loans Including Purchased Credit Impaired Loans		11	11
Related Allowance
Purchased Credit Impaired Loans		10	6
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	24	8
Commercial, financial, & agricultural
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		289	257
With An Allowance Recorded		752	2,189
Loans Including Purchased Credit Impaired Loans		1,102	2,483
Impaired Balance
With No Related Allowance Recorded		289	257
With An Allowance Recorded		749	1,989
Loans Including Purchased Credit Impaired Loans		1,080	2,283
Related Allowance
With An Allowance Recorded		702	1,073
Total Impaired Loans		702	1,073
Average Recorded Investment
With No Related Allowance Recorded	910	273
With An Allowance Recorded	722	1,369
Loans Including Purchased Credit Impaired Loans	1,679	1,681
Commercial, financial, & agricultural | Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		61	37
Impaired Balance
Loans Including Purchased Credit Impaired Loans		42	37
Related Allowance
Purchased Credit Impaired Loans		0	0
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	47	39
Consumer and other
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		0	0
With An Allowance Recorded		0	0
Loans Including Purchased Credit Impaired Loans		188	0
Impaired Balance
With No Related Allowance Recorded		0	0
With An Allowance Recorded		0	0
Loans Including Purchased Credit Impaired Loans		86	0
Related Allowance
With An Allowance Recorded		0	0
Total Impaired Loans		85	0
Average Recorded Investment
With No Related Allowance Recorded	123	0
With An Allowance Recorded	0	0
Loans Including Purchased Credit Impaired Loans	123	85
Consumer and other | Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		188	0
Impaired Balance
Loans Including Purchased Credit Impaired Loans		86	0
Related Allowance
Purchased Credit Impaired Loans		85	0
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	0	85
Commercial Real Estate Portfolio Segment
Unpaid Contractual Principal Balance
With No Related Allowance Recorded		12,777	12,455
With An Allowance Recorded		8,379	6,379
Loans Including Purchased Credit Impaired Loans		21,279	18,868
Impaired Balance
With No Related Allowance Recorded		12,012	11,639
With An Allowance Recorded		8,285	6,385
Loans Including Purchased Credit Impaired Loans		20,333	18,058
Related Allowance
With An Allowance Recorded		2,022	1,939
Total Impaired Loans		2,022	1,939
Average Recorded Investment
With No Related Allowance Recorded	13,924	11,826
With An Allowance Recorded	3,898	7,335
Loans Including Purchased Credit Impaired Loans	17,857	19,196
Commercial Real Estate Portfolio Segment | Financial Asset Acquired with Credit Deterioration
Unpaid Contractual Principal Balance
Loans Including Purchased Credit Impaired Loans		123	34
Impaired Balance
Loans Including Purchased Credit Impaired Loans		36	34
Related Allowance
Purchased Credit Impaired Loans		0	$ 0
Average Recorded Investment
Loans Including Purchased Credit Impaired Loans	$ 35	$ 35

Allowance for Loan Losses (Deta

Allowance for Loan Losses (Details Textual) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Receivables [Abstract]
Outstanding balance of high risk loans, minimum	$ 250,000	$ 250,000

Allowance for Loan Losses - Seg

Allowance for Loan Losses - Segregated by Class of Loan (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	$ 8,384	$ 6,589	$ 6,863	$ 7,277
Charge-offs	(384)	(155)	(897)	(1,099)
Recoveries	89	176	167	301
Provision	2,200	179	4,156	310
Ending balance	10,289	6,789	10,289	6,789
Period end amount allocated to
Individually evaluated for impairment	2,839		2,839		$ 3,149
Collectively evaluated for impairment	7,355		7,355		3,708
Loans
Individually evaluated for impairment	24,382		24,382		23,808
Collectively evaluated for impairment	1,089,338		1,089,338		944,859
Loans	1,113,977		1,113,977		968,814
Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			6
Ending balance	95		95
Loans
Loans	257		257		147
Construction, land and land development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	354	20	215	131
Charge-offs	(4)	0	(4)	(29)
Recoveries	12	37	25	54
Provision	397	(45)	523	(144)
Ending balance	759	12	759	12
Period end amount allocated to
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	759		759		215
Loans
Individually evaluated for impairment	66		66		67
Collectively evaluated for impairment	131,649		131,649		95,965
Loans	131,797		131,797		96,097
Construction, land and land development | Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			0
Ending balance	0		0
Loans
Loans	82		82		65
Other commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	4,821	5,062	3,908	5,251
Charge-offs	0	0	(30)	(119)
Recoveries	21	7	26	41
Provision	869	(639)	1,807	(743)
Ending balance	5,711	4,430	5,711	4,430
Period end amount allocated to
Individually evaluated for impairment	2,022		2,022		1,939
Collectively evaluated for impairment	3,689		3,689		1,969
Loans
Individually evaluated for impairment	20,297		20,297		18,024
Collectively evaluated for impairment	497,808		497,808		522,181
Loans	518,141		518,141		540,239
Other commercial real estate | Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			0
Ending balance	0		0
Loans
Loans	36		36		34
Residential real estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	1,203	949	980	1,181
Charge-offs	(16)	(18)	(80)	(647)
Recoveries	6	110	10	159
Provision	438	(196)	721	152
Ending balance	1,631	845	1,631	845
Period end amount allocated to
Individually evaluated for impairment	115		115		137
Collectively evaluated for impairment	1,506		1,506		837
Loans
Individually evaluated for impairment	2,981		2,981		3,471
Collectively evaluated for impairment	185,347		185,347		191,314
Loans	188,339		188,339		194,796
Residential real estate | Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			6
Ending balance	10		10
Loans
Loans	11		11		11
Commercial, financial, & agricultural
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	1,780	466	1,657	618
Charge-offs	0	(28)	(68)	(125)
Recoveries	19	11	20	17
Provision	114	972	304	911
Ending balance	1,913	1,421	1,913	1,421
Period end amount allocated to
Individually evaluated for impairment	702		702		1,073
Collectively evaluated for impairment	1,211		1,211		584
Loans
Individually evaluated for impairment	1,038		1,038		2,246
Collectively evaluated for impairment	249,835		249,835		112,077
Loans	250,915		250,915		114,360
Commercial, financial, & agricultural | Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			0
Ending balance	0		0
Loans
Loans	42		42		37
Consumer and other
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	226	92	103	96
Charge-offs	(364)	(109)	(715)	(179)
Recoveries	31	11	86	30
Provision	382	87	801	134
Ending balance	275	$ 81	275	$ 81
Period end amount allocated to
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	190		190		103
Loans
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	24,699		24,699		23,322
Loans	24,785		24,785		23,322
Consumer and other | Financial Asset Acquired with Credit Deterioration
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance			0
Ending balance	85		85
Loans
Loans	$ 86		$ 86		$ 0

Leases - Balance Sheet Classifi

Leases - Balance Sheet Classification of Operating Lease Right-of-use Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 633	$ 572
Operating lease liabilities	$ 633	$ 547
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities

Leases (Details Textual)

Leases (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Operating lease cost	$ 64	$ 31	$ 116	$ 61
Weighted average remaining lease term	4 years 7 months 2 days		4 years 7 months 2 days
Weighted average discount rate	1.78%		1.78%

Leases - Future Maturities of O

Leases - Future Maturities of Operating Lease Liabilities and Other Lease Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Lease Liability
2021	$ 222
2022	152
2023	101
2024	45
2025	45
After June 30, 2025	104
Total lease payments	669
Less: interest	(36)
Present value of lease liabilities	633	$ 547
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (cash payments)	116
Operating cash flows from operating leases (lease liability reduction)	110
Operating lease right-of-use assets obtained in exchange for leases entered into during the period	$ 196

Borrowings - Summary of Other B

Borrowings - Summary of Other Borrowed Money (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Advances from Federal Home Loan Banks	$ 36,500	$ 47,000
Paycheck Protection Program (PPP) Liquidity Facility	134,500	0
Other borrowings	38,292	38,792
Total borrowings	$ 209,292	$ 85,792

Borrowings - (Details Textual)

Borrowings - (Details Textual) - USD ($)	Apr. 20, 2020	May 01, 2019	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Lendable collateral of loans			$ 103,600,000
Remaining credit available			340,100,000
Outstanding balance on line of credit			0
Paycheck Protection Program (PPP) Liquidity Facility			134,500,000	$ 0
Line of credit, current borrowing capacity			55,000,000
Subordinated debt			24,200,000	$ 24,200,000
Paycheck Protection Program, CARES Act
Debt Instrument [Line Items]
Debt instrument, stated interest rate	0.35%
Proceeds from line of credit	$ 140,700,000
Paycheck Protection Program (PPP) Liquidity Facility			134,500,000
Federal Reserve Bank Advances
Debt Instrument [Line Items]
Short-term debt, borrowing capacity			0
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 10,000,000
Proceeds from line of credit		$ 5,300,000
Outstanding balance on line of credit			5,300,000
Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.40%
Term Note
Debt Instrument [Line Items]
Debt instrument, stated interest rate		4.70%
Notes payable balance			$ 8,800,000
Line of credit, maximum amount		$ 10,000,000
Minimum
Debt Instrument [Line Items]
FHLB interest rate			1.05%
Minimum | Paycheck Protection Program, CARES Act
Debt Instrument [Line Items]
Debt instrument, term	2 years
Maximum
Debt Instrument [Line Items]
FHLB interest rate			3.51%
Maximum | Paycheck Protection Program, CARES Act
Debt Instrument [Line Items]
Debt instrument, term	5 years
Weighted Average | Paycheck Protection Program, CARES Act
Debt Instrument [Line Items]
Debt instrument, term	2 years

Borrowings - Aggregate Stated M

Borrowings - Aggregate Stated Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Long-term Debt, Fiscal Year Maturity [Abstract]
Paycheck Protection Program (PPP) Liquidity Facility	$ 134,500	$ 0
Long-term Debt	209,292
Paycheck Protection Program, CARES Act
Long-term Debt, Fiscal Year Maturity [Abstract]
Paycheck Protection Program (PPP) Liquidity Facility	134,500
Other Borrowings
Long-term Debt, Fiscal Year Maturity [Abstract]
2021	5,313
2022	14,000
2023	3,000
2024	8,750
2025 and After	$ 43,729

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator
Net income available to common stockholders	$ 2,214	$ 2,101	$ 3,817	$ 4,936
Weighted average number of common shares
Outstanding for basic earnings per common share (in shares)	9,498,783	9,089,461	9,498,783	8,764,909
Weighted-average number of shares outstanding for diluted earnings per common share (in shares)	9,498,783	9,089,461	9,498,783	8,764,909
Earnings per share - basic (in dollars per share)	$ 0.23	$ 0.23	$ 0.40	$ 0.56
Earnings per share - diluted (in dollars per share)	$ 0.23	$ 0.23	$ 0.40	$ 0.56

Commitments and Contingencies -

Commitments and Contingencies - Financial Instruments Outstanding Whose Contract Amount Represents Credit Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Commitments [Line Items]
Letters of credit	$ 2,491	$ 1,576
Loan Origination Commitments
Other Commitments [Line Items]
Loan commitments	$ 145,209	$ 102,890

Commitments and Contingencies_2

Commitments and Contingencies (Details Textual)	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Letter of credit, expiration date period	1 year

Fair Value of Financial Instr_3

Fair Value of Financial Instruments and Fair Value Measurements - Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and short-term investments	$ 191,046	$ 104,092
Investment securities available for sale, at fair value	373,610	347,332
Other investments, at cost	3,954	4,288
Loans held for sale	16,537	10,076
Loans, net	1,125,455	938,475
Liabilities
Deposits	1,421,287	1,294,506
Paycheck Protection Program Liquidity Facility	134,500
Federal Home Loan Bank advances	33,820	44,402
Other borrowings	38,292	38,792
Level 1
Assets
Cash and short-term investments	191,046	104,192
Investment securities available for sale, at fair value	0	0
Other investments, at cost	3,225	3,559
Loans held for sale	0	0
Loans, net	0	0
Liabilities
Deposits	0	0
Paycheck Protection Program Liquidity Facility	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Level 2
Assets
Cash and short-term investments	0	0
Investment securities available for sale, at fair value	371,604	345,310
Other investments, at cost	729	729
Loans held for sale	16,537	10,076
Loans, net	0	0
Liabilities
Deposits	1,421,287	1,294,506
Paycheck Protection Program Liquidity Facility	134,500
Federal Home Loan Bank advances	33,820	44,402
Other borrowings	38,292	38,792
Level 3
Assets
Cash and short-term investments	0	0
Investment securities available for sale, at fair value	2,006	2,022
Other investments, at cost	0	0
Loans held for sale	0	0
Loans, net	1,125,455	938,475
Liabilities
Deposits	0	0
Paycheck Protection Program Liquidity Facility	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Carrying Value
Assets
Cash and short-term investments	191,046	104,092
Investment securities available for sale, at fair value	373,610	347,332
Other investments, at cost	3,954	4,288
Loans held for sale	16,537	10,076
Loans, net	1,103,688	961,951
Liabilities
Deposits	1,421,758	1,293,742
Paycheck Protection Program Liquidity Facility	134,500
Federal Home Loan Bank advances	36,500	47,000
Other borrowings	$ 38,292	$ 38,792

Fair Value of Financial Instr_4

Fair Value of Financial Instruments and Fair Value Measurements (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair value input, discount amount	10.00%		10.00%
Transfers out of level 3	$ 0	$ 0	$ 0	$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	$ 373,610	$ 347,332
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	371,604	345,310
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	2,006	2,022
U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	245
State, county & municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	29,700	5,115
Corporate Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	3,006	2,806
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	340,659	339,411
Recurring Securities Available for Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	373,610	347,332
Recurring Securities Available for Sale | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Recurring Securities Available for Sale | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	371,604	345,310
Recurring Securities Available for Sale | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	2,006	2,022
Recurring Securities Available for Sale | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	245
Recurring Securities Available for Sale | U.S. treasury securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0
Recurring Securities Available for Sale | U.S. treasury securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	245
Recurring Securities Available for Sale | U.S. treasury securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0
Recurring Securities Available for Sale | State, county & municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	29,700	5,115
Recurring Securities Available for Sale | State, county & municipal securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Recurring Securities Available for Sale | State, county & municipal securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	29,700	5,115
Recurring Securities Available for Sale | State, county & municipal securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Recurring Securities Available for Sale | Corporate Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	3,006	2,806
Recurring Securities Available for Sale | Corporate Debt securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Recurring Securities Available for Sale | Corporate Debt securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	1,000	784
Recurring Securities Available for Sale | Corporate Debt securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	2,006	2,022
Recurring Securities Available for Sale | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	340,659	339,411
Recurring Securities Available for Sale | Mortgage-backed securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Recurring Securities Available for Sale | Mortgage-backed securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	340,659	339,411
Recurring Securities Available for Sale | Mortgage-backed securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring Securities Available for Sale	0	0
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Impaired Loans	4,820	5,985
Other Real Estate	1,769	1,320
Total nonrecurring assets	6,589	7,305
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Impaired Loans	0	0
Other Real Estate	0	0
Total nonrecurring assets	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Impaired Loans	0	0
Other Real Estate	0	0
Total nonrecurring assets	0	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Impaired Loans	4,820	5,985
Other Real Estate	1,769	1,320
Total nonrecurring assets	$ 6,589	$ 7,305

Fair Value of Financial Instr_6

Fair Value of Financial Instruments and Fair Value Measurements - Quantitative Information for Financial Instruments Measured at Fair Value (Details) $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Real Estate Owned	$ 1,769	$ 1,320
Nonrecurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral Dependent Impaired Loans	4,820	5,985
Level 3 | Nonrecurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral Dependent Impaired Loans	4,820	5,985
Valuation, Market Approach | Level 3 | Nonrecurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral Dependent Impaired Loans	4,820	5,985
Other Real Estate Owned	$ 1,769	$ 1,320
Valuation, Market Approach | Level 3 | Nonrecurring | Minimum | Measurement Input, Comparability Adjustment
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral Dependent Impaired Loans, Weighted Average Discount Range	0.10	0
Other Real Estate Owned, Measurement Input	0	0
Valuation, Market Approach | Level 3 | Nonrecurring | Maximum | Measurement Input, Comparability Adjustment
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral Dependent Impaired Loans, Weighted Average Discount Range	0.80	0.20
Other Real Estate Owned, Measurement Input	0.20	0.20

Fair Value of Financial Instr_7

Fair Value of Financial Instruments and Fair Value Measurements - Fair Value Measurement Using Significant Unobservable Inputs (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Transfers out of Level 3	$ 0	$ 0	$ 0	$ 0
Available-for-sale Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Beginning			2,022,000	4,277,000
Transfers out of Level 3			0	0
Sales			0	0
Paydowns			(16,000)	(883,000)
Realized Loss on Sale of Security			0	0
Unrealized gains included in Other Comprehensive Income			0	40,000
Balance, Ending	$ 2,006,000	$ 3,434,000	$ 2,006,000	$ 3,434,000

Fair Value of Financial Instr_8

Fair Value of Financial Instruments and Fair Value Measurements - Quantitative Information About Recurring Level 3 Fair Value Measurement (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Investment securities available for sale, at fair value	$ 373,610	$ 347,332
Recurring Securities Available for Sale
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Investment securities available for sale, at fair value	373,610	347,332
Level 3
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Investment securities available for sale, at fair value	2,006	2,022
Level 3 | Recurring Securities Available for Sale
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Investment securities available for sale, at fair value	$ 2,006	$ 2,022

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Net Interest Income	$ 13,541	$ 11,825	$ 26,245	$ 22,182
Provision for loan losses	2,200	179	4,156	310
Noninterest Income	4,843	4,000	9,404	6,334
Noninterest Expenses	13,375	13,014	26,753	22,040
Income taxes	595	531	923	1,230
Segment Profit (Loss)	2,214	2,101	3,817	4,936
Segment Assets	1,777,568	1,506,972	1,777,568	1,506,972	$ 1,515,313
Bank
Segment Reporting Information [Line Items]
Net Interest Income	12,730	11,806	25,386	22,163
Provision for loan losses	2,200	179	4,156	310
Noninterest Income	2,901	3,148	5,950	5,482
Noninterest Expenses	11,045	12,168	22,712	21,194
Income taxes	320	526	688	1,225
Segment Profit (Loss)	2,066	2,081	3,780	4,916
Segment Assets	1,622,608	1,502,974	1,622,608	1,502,974
Mortgage Banking
Segment Reporting Information [Line Items]
Net Interest Income	82	19	116	19
Provision for loan losses	0	0	0	0
Noninterest Income	1,821	852	3,074	852
Noninterest Expenses	1,697	846	2,892	846
Income taxes	43	5	54	5
Segment Profit (Loss)	163	20	244	20
Segment Assets	17,578	3,998	17,578	3,998
Small Business Specialty Lending Division
Segment Reporting Information [Line Items]
Net Interest Income	729	0	743	0
Provision for loan losses	0	0	0	0
Noninterest Income	121	0	380	0
Noninterest Expenses	633	0	1,149	0
Income taxes	232	0	181	0
Segment Profit (Loss)	(15)	0	(207)	0
Segment Assets	$ 137,382	$ 0	$ 137,382	$ 0

Regulatory Capital Matters (Det

Regulatory Capital Matters (Details Textual)	Jan. 01, 2016
Banking And Thrift Disclosure [Abstract]
Percentage of risk-weighted assets	0.625%
Increase in percentage of risk-weighted assets	0.625%
Final level of percentage of risk-weighted assets	2.50%

Regulatory Capital Matters - Su

Regulatory Capital Matters - Summary of Regulatory Capital Information (Details) $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Total Capital to Risk-Weighted Assets
Actual Amount	$ 146,711	$ 140,973
Actual Ratio	0.1332	0.1317
For Capital Adequacy Purposes, Amount	$ 88,115	$ 85,661
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
Tier I Capital to Risk-Weighted Assets
Actual Amount	$ 136,423	$ 134,110
Actual Ratio	0.1239	0.1252
For Capital Adequacy Purposes, Amount	$ 66,064	$ 64,246
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
Common Equity Tier I Capital to Risk-Weighted Assets
Actual Amount	$ 112,923	$ 110,610
Actual Ratio	0.1026	0.1033
For Capital Adequacy Purposes, Amount	$ 49,528	$ 48,185
For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier I Capital to Average Assets
Actual Amount	$ 136,423	$ 134,110
Actual Ratio	0.0923	0.0892
For Capital Adequacy Purposes, Amount	$ 59,122	$ 60,141
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
Colony Bank
Total Capital to Risk-Weighted Assets
Actual Amount	$ 153,745	$ 151,444
Actual Ratio	0.1392	0.1419
For Capital Adequacy Purposes, Amount	$ 88,359	$ 85,407
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 110,449	$ 106,758
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.1000	0.1000
Tier I Capital to Risk-Weighted Assets
Actual Amount	$ 143,456	$ 144,581
Actual Ratio	0.1299	0.1354
For Capital Adequacy Purposes, Amount	$ 66,261	$ 64,055
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 88,349	$ 8,547
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0800	0.0800
Common Equity Tier I Capital to Risk-Weighted Assets
Actual Amount	$ 143,456	$ 144,581
Actual Ratio	0.1299	0.1354
For Capital Adequacy Purposes, Amount	$ 49,696	$ 48,041
For Capital Adequacy Purposes, Ratio	4.50%	4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 71,783	$ 69,393
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier I Capital to Average Assets
Actual Amount	$ 143,456	$ 144,581
Actual Ratio	0.0970	0.0977
For Capital Adequacy Purposes, Amount	$ 59,157	$ 59,977
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 73,946	$ 74,972
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0500	0.0500

Subsequent Events (Details)

Subsequent Events (Details)	Apr. 22, 2020$ / shares
Subsequent Events [Abstract]
Dividends declared (in dollars per share)	$ 0.10