Midsouth Bancorp (MSL) 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2019	Aug. 06, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Period End Date	Jun. 30, 2019
Entity Registrant Name	MIDSOUTH BANCORP INC
Entity CIK	0000745981
Current Fiscal Year End Date	--12-31
Fiscal Year Focus	2019
Fiscal Period Focus	Q2
Filer Category	Accelerated Filer
Entity Small Business	true
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,732,149

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 20,175	$ 27,701
Interest-bearing deposits in banks	207,902	174,909
Federal funds sold	4,375	2,761
Securities available-for-sale, at fair value (cost $421,482 and $443,928)	425,638	437,754
Securities held-to-maturity, (fair value $33,363 and $36,974)	33,219	37,759
Total securities	458,857	475,513
Other investments	18,261	16,614
Loans held for sale	10,304	23,876
Loans	880,037	899,785
Allowance for loan losses	(28,129)	(17,430)
Loans, net	851,908	882,355
Bank premises and equipment, net	54,221	55,382
Operating lease right-of-use assets	7,865	0
Goodwill and Intangibles	44,026	44,580
Cash surrender value of life insurance	15,248	15,135
Other real estate	387	1,067
Other assets	21,577	23,505
Total Assets	1,715,106	1,743,398
Deposits:
Noninterest-bearing	399,619	383,167
Interest-bearing	1,023,770	1,068,904
Total deposits	1,423,389	1,452,071
Securities sold under agreements to repurchase	5,456	11,220
Operating lease liability	7,816	0
Federal Home Loan Bank advances	27,500	27,500
Junior subordinated debentures	22,167	22,167
Other liabilities	7,786	8,450
Total liabilities	1,494,114	1,521,408
Shareholders’ equity:
Common stock, $0.10 par value; 30,000,000 shares authorized, 16,733,569 and 16,641,017 shares issued and outstanding, respectively	1,671	1,664
Additional paid-in capital	169,147	169,111
Accumulated other comprehensive income (loss)	5,610	(4,035)
Retained earnings	3,592	14,278
Total shareholders’ equity	220,992	221,990
Total liabilities and shareholders’ equity	1,715,106	1,743,398
Series B Preferred Stock
Shareholders’ equity:
Preferred stock	32,000	32,000
Series C Preferred stock
Shareholders’ equity:
Preferred stock	$ 8,972	$ 8,972

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Securities available-for-sale, cost	$ 421,482	$ 443,928
Securities held-to-maturity, fair value	$ 33,363	$ 36,974
Stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 10	$ 10
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized (in shares)	30,000,000	30,000,000
Common stock, issued (in shares)	16,733,569	16,641,017
Common stock, outstanding (in shares)	16,733,569	16,641,017
Series B Preferred Stock
Stockholders' equity:
Preferred stock, authorized (in shares)	5,000,000	5,000,000
Preferred stock, issued (in shares)	32,000	32,000
Preferred stock, outstanding (in shares)	32,000	32,000
Series C Preferred stock
Stockholders' equity:
Preferred stock, authorized (in shares)	100,000	100,000
Preferred stock, issued (in shares)	89,721	89,721
Preferred stock, outstanding (in shares)	89,721	89,721

Consolidated Statements of Oper

Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income:
Loans, including fees	$ 13,023	$ 15,344	$ 26,010	$ 31,359
Securities and other investments:
Taxable	3,100	2,093	6,170	4,140
Nontaxable	160	277	416	593
Interest bearing deposits in other banks	1,663	1,025	2,795	1,644
Total interest income	17,946	18,739	35,391	37,736
Interest expense:
Deposits	1,665	1,410	3,345	2,647
Securities sold under agreements to repurchase	9	25	23	66
Federal Home Loan Bank advances	74	120	155	249
Junior subordinated debentures	283	259	570	479
Total interest expense	2,031	1,814	4,093	3,441
Net interest income	15,915	16,925	31,298	34,295
Provision for loan losses	4,759	440	12,359	440
Net interest income after provision for loan losses	11,156	16,485	18,939	33,855
Non-interest income:
Service charges on deposits	1,854	2,065	3,647	4,271
ATM and debit card income	2,044	1,877	3,969	3,661
Credit card income	425	381	946	752
Gain on sale of securities, net	202	0	575	0
Gain on sale of loans, net	0	0	1,274	0
Other charges and fees	265	559	652	1,027
Total non-interest income	4,790	4,882	11,063	9,711
Non-interest expenses:
Salaries and employee benefits	8,940	7,916	18,638	15,635
Occupancy expense	2,962	3,193	6,269	6,238
ATM and debit card expense	682	648	1,306	1,224
Data processing	853	666	1,701	1,331
Regulatory remediation expense	0	4,093	0	9,249
Merger-related expense	1,149	0	1,149	0
Legal and professional fees	1,163	5,323	3,046	2,789
Loss on transfer of loans to held for sale	0	8	0	883
Other	3,100	426	6,626	6,796
Total non-interest expenses	18,849	22,273	38,735	44,145
Loss before income tax benefit	(2,903)	(906)	(8,733)	(579)
Income tax benefit	0	(237)	0	(271)
Net loss	(2,903)	(669)	(8,733)	(308)
Dividends on preferred stock	810	810	1,620	1,620
Net loss available to common shareholders	$ (3,713)	$ (1,479)	$ (10,353)	$ (1,928)
Basic loss per common share (in dollars per share)	$ (0.22)	$ (0.09)	$ (0.62)	$ (0.12)
Diluted loss per common share (in dollars per share)	$ (0.22)	$ (0.09)	$ (0.62)	$ (0.12)
Weighted average number of shares outstanding:
Basic (in shares)	16,724	16,526	16,699	16,511
Diluted (in shares)	16,724	16,529	16,699	16,514
Dividends declared per common share (in dollars per share)	$ 0.01	$ 0.01	$ 0.02	$ 0.02

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (2,903)	$ (669)	$ (8,733)	$ (308)
Unrealized gain (loss) on securities available-for-sale:
Unrealized holding gains (losses) arising during the year	4,428	(873)	10,905	(4,922)
Less: reclassification adjustment for net gain on sales of securities available- for-sale	(202)	0	(575)	0
Unrealized holding gains (losses) arising during the year	4,226	(873)	10,330	(4,922)
Unrealized (losses) gain on derivative instruments designated as cash flow hedges:
Unrealized holding (losses) gains on derivatives arising during the period	(423)	89	(685)	400
Net change in unrealized (losses) gain on derivative instruments	(423)	89	(685)	400
Total other comprehensive income (loss), before tax	3,803	(784)	9,645	(4,522)
Income tax effect related to items of other comprehensive income (loss)	0	165	0	950
Total other comprehensive income (loss), net of tax	3,803	(619)	9,645	(3,572)
Total comprehensive income (loss)	$ 900	$ (1,288)	$ 912	$ (3,880)

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity (unaudited) - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Unearned ESOP Shares	Accumulated Other Comprehensive (Loss) Income	Retained Earnings
Beginning balance (in shares) at Dec. 31, 2017		121,875	16,548,829
Beginning balance at Dec. 31, 2017	$ 254,015	$ 40,987	$ 1,655	$ 168,412	$ (937)	$ (1,828)	$ 45,726
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(308)						(308)
Dividends on Series B and Series C preferred stock	(1,621)						(1,621)
Dividends on common stock	(330)						(330)
Restricted stock grant (in shares)			66,335
Restricted stock grant	0		$ 7	(7)
Restricted stock forfeitures (in shares)			(37,775)
Restricted stock forfeitures			$ (4)	4
ESOP shares released for allocation	61				61
Exercise of stock options (in shares)			42,505
Exercise of stock options	551		$ 4	547
ESOP compensation expense	20			20
Stock option and restricted stock compensation expense	(113)			(113)
Change in accumulated other comprehensive income	(3,572)
Change in accumulated other comprehensive income, including cumulative effect adjustment	(3,603)					(3,603)
Ending balance (in shares) at Jun. 30, 2018		121,875	16,619,894
Ending balance at Jun. 30, 2018	248,672	$ 40,987	$ 1,662	168,863	(876)	(5,400)	43,436
Beginning balance (in shares) at Mar. 31, 2018		121,875	16,621,811
Beginning balance at Mar. 31, 2018	250,837	$ 40,987	$ 1,662	168,765	(906)	(4,782)	45,111
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(669)						(669)
Dividends on Series B and Series C preferred stock	(810)						(810)
Dividends on common stock	(165)						(165)
Restricted stock grant (in shares)			14,057
Restricted stock grant	0		$ 2	(2)
Restricted stock forfeitures (in shares)			(25,400)
Restricted stock forfeitures			$ (3)	3
ESOP shares released for allocation	30				30
Exercise of stock options (in shares)			9,426
Exercise of stock options	122		$ 1	121
ESOP compensation expense	10			10
Stock option and restricted stock compensation expense	(34)			(34)
Change in accumulated other comprehensive income	(619)
Change in accumulated other comprehensive income, including cumulative effect adjustment	(649)					(649)
Ending balance (in shares) at Jun. 30, 2018		121,875	16,619,894
Ending balance at Jun. 30, 2018	248,672	$ 40,987	$ 1,662	168,863	$ (876)	(5,400)	43,436
Beginning balance (in shares) at Dec. 31, 2018		121,721	16,641,017
Beginning balance at Dec. 31, 2018	221,990	$ 40,972	$ 1,664	169,111		(4,035)	14,278
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(8,733)						(8,733)
Dividends on Series B and Series C preferred stock	(1,620)						(1,620)
Dividends on common stock	(333)						(333)
Restricted stock grant (in shares)			97,602
Restricted stock grant	0		$ 7	(7)
Restricted stock forfeitures (in shares)			(5,050)
Stock option and restricted stock compensation expense	43			43
Change in accumulated other comprehensive income	9,645					9,645
Ending balance (in shares) at Jun. 30, 2019		121,721	16,733,569
Ending balance at Jun. 30, 2019	220,992	$ 40,972	$ 1,671	169,147		5,610	3,592
Beginning balance (in shares) at Mar. 31, 2019		121,721	16,715,671
Beginning balance at Mar. 31, 2019	221,166	$ 40,972	$ 1,671	169,244		1,807	7,472
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(2,903)						(2,903)
Dividends on Series B and Series C preferred stock	(810)						(810)
Dividends on common stock	(167)						(167)
Restricted stock grant (in shares)			19,898
Restricted stock grant	0		$ 0	0
Restricted stock forfeitures (in shares)			(2,000)
Stock option and restricted stock compensation expense	(97)			(97)
Change in accumulated other comprehensive income	3,803					3,803
Ending balance (in shares) at Jun. 30, 2019		121,721	16,733,569
Ending balance at Jun. 30, 2019	$ 220,992	$ 40,972	$ 1,671	$ 169,147		$ 5,610	$ 3,592

Consolidated Statement of Sha_2

Consolidated Statement of Shareholders' Equity (unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Stockholders' Equity [Abstract]
Dividends on common stock (in dollars per share)	$ 0.01	$ 0.01	$ 0.02	$ 0.02

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss	$ (8,733)	$ (308)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation	3,772	4,165
Provision for loan losses	12,359	440
Deferred tax expense	0	8
ESOP and stock-based compensation expense	43	(44)
Net gain on sale of investment securities	(575)	0
Gain on sale of loans held for sale	(1,274)	0
Proceeds from sale of loans held for sale	20,656	15,623
Net loss on sale of other real estate owned	37	1
Net write down of other real estate owned	116	146
Loss on transfer of loans to held for sale	0	883
Net loss on sale/disposal of premises and equipment	191	67
Change in other assets	(6,735)	(2,523)
Change in other liabilities	7,152	4,402
Net cash provided by operating activities	27,009	22,860
Cash flows from investing activities:
Proceeds from maturities and calls of securities available-for-sale	32,759	24,297
Proceeds from maturities and calls of securities held-to-maturity	4,504	12,875
Proceeds from sale of securities available-for-sale	56,286	410
Purchases of securities available-for-sale	(67,114)	(32,532)
Purchases of other investments	(1,647)	(703)
Net change in loans	12,278	121,129
Purchases of premises and equipment	(1,303)	(693)
Proceeds from sale of premises and equipment	181	481
Proceeds from sale of other real estate owned	527	504
Net cash provided by investing activities	36,471	125,768
Cash flows from financing activities:
Change in deposits	(28,682)	43,331
Change in securities sold under agreements to repurchase	(5,764)	(52,247)
Borrowings from FHLB	110,000	165,000
Repayments to FHLB	(110,000)	(177,500)
Proceeds from exercise of stock options	0	551
Payment of dividends on preferred stock	(1,620)	(1,621)
Payment of dividends on common stock	(333)	(330)
Net cash used by financing activities	(36,399)	(22,816)
Net increase in cash and cash equivalents	27,081	125,812
Cash and cash equivalents, beginning of period	205,371	152,964
Cash and cash equivalents, end of period	232,452	278,776
Supplemental cash flow information:
Interest paid	4,065	3,482
Noncash investing and financing activities:
Transfer of loans to held for sale	$ 5,810	$ 221

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION Overview MidSouth Bancorp (the "Company" or "we") is a bank holding company whose business is primarily conducted through its wholly-owned banking subsidiary, MidSouth Bank (the "Bank"). We operate a full-service banking business and offer a broad range of commercial and retail banking products to our customers. The accompanying unaudited consolidated financial statements for the Company have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information. Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statement presentation. The interim consolidated financial statements included herein are unaudited, but reflect all adjustments, consisting of normal and recurring items, which, in the opinion of management, are necessary for fair presentation of the consolidated financial position and result of operations for the interim period presented. All significant intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three and six-month period ended June 30, 2019 are not necessarily indicative of the results expected for the full year. These financial statements should be read in conjunction with the financial statements and notes thereto and the report of our independent registered public accounting firm included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. Certain amounts have been reclassified to conform with current period presentation. The reclassifications had no effect on net loss or shareholders' equity as previously reported. Proposed Merger with Hancock Whitney Corporation On April 30, 2019, the Company entered into a definitive agreement ("Merger Agreement") with Hancock Whitney Corporation ("Hancock Whitney"), whereby MidSouth will merge into Hancock Whitney in a stock-for-stock transaction. The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, the Company will merge with and into Hancock Whitney, with Hancock Whitney continuing as the surviving corporation. Immediately following the completion of the merger, the Bank will merge with and into Hancock Whitney Corporation's wholly-owned bank subsidiary, Hancock Whitney Bank, with Hancock Whitney Bank continuing as the surviving bank. Subject to the terms and conditions of the Merger Agreement, if the merger is completed, Company shareholders will receive 0.2952 shares of Hancock Whitney Corporation common stock, par value $3.33 per share, for each share of Company common stock, par value $0.10 per share, they hold immediately prior to the merger, plus cash in lieu of fractional shares.

Recent Accounting Pronouncement

Recent Accounting Pronouncements and Adoption of New Accounting Standards	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Recent Accounting Pronouncements and Adoption of New Accounting Standards	RECENT ACCOUNTING PRONOUNCEMENTS AND ADOPTION OF NEW ACCOUNTING STANDARDS Accounting Standards Adopted in 2019 In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842). This guidance was further modified in July 2018 by ASU No. 2018-10, Codification Improvements to Topic 842 Leases and ASU No. 2018-11 , Leases (Topic 842): Targeted Improvements . These updates require a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities. For public entities, these updates are effective for fiscal years beginning after December 15, 2018, with the option to transition with a modified retrospective application to prior periods presented or to apply the guidance as of the adoption date without restating prior periods. The Company adopted the standard on January 1, 2019 without restating prior periods, and recorded a $8.7 million right of use asset and corresponding lease liability as a result of including leases on the consolidated balance sheet. The adopted guidance did not have an effect on Company's consolidated statement of operations or statement of shareholders' equity. Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This guidance was further modified in November 2018 by ASU No. 2018–19, Codification Improvements to Topic 326, Financial Instruments – Credit Losses . The new guidance replaces the incurred loss impairment methodology in current GAAP with an expected credit loss methodology and requires consideration of a broader range of information to determine credit loss estimates. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses. Purchased credit impaired loans will receive an allowance account at the acquisition date that represents a component of the purchase price allocation. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses, with such allowance limited to the amount by which fair value is below amortized cost. Application of this update will primarily be on a modified retrospective approach, although the guidance for debt securities for which an other-than-temporary impairment has been recognized before the effective date and for loans previously covered by ASC 310-30, Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality will be applied on a prospective basis. For public entities, this update is effective for fiscal years beginning after December 15, 2019. Upon adoption, the Company expects that the allowance for credit losses will be higher given the change to estimated losses for the estimated life of the financial asset, however management is still in the process of determining the potential magnitude of the increase. Management has formed a steering committee and has completed a gap assessment that became the basis for a full project plan. In addition, management has selected a vendor model and begun the implementation phase of the project plan. The Company is implementing a new software program to ensure it is prepared for implementation by the effective date. At the FASB's July 17, 2019, public meeting, the FASB tentatively decided to delay the effective dates for Small Reporting Companies as defined by the Securities and Exchange Commission. This decision is subject to public comment and a final determination. As such, the Company expects that it could be eligible to delay implementation until January 2023. In June 2018, the FASB issued ASU No. 2018-08, Not for Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made . This update clarifies the guidance about whether a transfer of assets (or the reduction, settlement or cancellation of liabilities) is a contribution or an exchange transaction. In addition, the guidance clarifies the determination of whether a transaction is conditional. For public entities, this update is effective for contributions made in fiscal years beginning after December 15, 2018. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . The update removes disclosures that are no longer considered cost beneficial, modifies certain requirements of disclosures, and adds disclosure requirements identified as relevant. For public entities, this guidance is effective for fiscal years ending after December 15, 2019 and, depending on the provision, requires either prospective or retrospective application to prior periods presented. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In October 2018, the FASB issued ASU No. 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes . This update permits the OIS rate, based on SOFR, as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815. The Company does not expect the new guidance to have a material impact on the consolidated financial statements.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investment Securities	INVESTMENT SECURITIES The amortized cost and fair value of available-for-sale investment securities are as follows (in thousands) : Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2019 U.S. Agencies $ 2,867 $ 175 $ — $ 3,042 State, county, and municipal securities 12,233 500 — 12,733 Mortgage-backed securities 395,814 4,965 700 400,079 Corporate debt securities 10,568 202 986 9,784 $ 421,482 $ 5,842 $ 1,686 $ 425,638 December 31, 2018 U.S. Agencies $ 3,016 $ 56 $ — $ 3,072 State, county, and municipal securities 44,639 214 765 44,088 Mortgage-backed securities 370,706 1,092 5,921 365,877 Corporate debt securities 25,567 433 1,283 24,717 $ 443,928 $ 1,795 $ 7,969 $ 437,754 The amortized cost and fair value of held-to-maturity investment securities are as follows (in thousands) : Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2019 State, county, and municipal securities $ 1,659 $ 4 $ 1 $ 1,662 Mortgage-backed securities 31,560 281 140 31,701 $ 33,219 $ 285 $ 141 $ 33,363 December 31, 2018 State, county, and municipal securities $ 1,977 $ 1 $ 10 $ 1,968 Mortgage-backed securities 35,782 — 776 $ 35,006 $ 37,759 $ 1 $ 786 $ 36,974 The amortized cost and fair value of available-for-sale and held-to-maturity securities by contractual maturity are shown below (in thousands) : Amortized Cost Fair Value June 30, 2019 Due after one year through five years $ 3,300 $ 2,333 Due after five years through ten years 13,236 13,622 Due after ten years 9,132 9,604 Mortgage-backed securities¹ 395,814 400,079 $ 421,482 $ 425,638 Held-to-maturity: Due in one year or less $ 766 $ 767 Due after one year through five years 893 895 Mortgage-backed securities¹ 31,560 31,701 $ 33,219 $ 33,363 ¹Actual maturities may differ from contractual maturities as borrowers may prepay obligations without prepayment penalties. The following summarizes the fair value of securities available-for-sale in an unrealized loss position as of the dates indicated (in thousands) : Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 Corporate debt securities $ 604 $ 986 $ — $ — $ 604 $ 986 Mortgage-backed securities — — 101,623 700 101,623 700 $ 604 $ 986 $ 101,623 $ 700 $ 102,227 $ 1,686 December 31, 2018 State, county, and municipal securities $ 2,573 $ 11 $ 19,539 $ 754 $ 22,112 $ 765 Mortgage-backed securities 25,706 34 197,036 5,887 222,742 5,921 Corporate debt securities 3,307 1,283 — — 3,307 1,283 $ 31,586 $ 1,328 $ 216,575 $ 6,641 $ 248,161 $ 7,969 The following summarizes the fair value of securities held-to-maturity in an unrealized loss position as of the dates indicated (in thousands) : Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 State, county, and municipal securities $ — $ — $ 470 $ 1 $ 470 $ 1 Mortgage-backed securities — — 10,093 140 10,093 140 $ — $ — $ 10,563 $ 141 $ 10,563 $ 141 December 31, 2018 State, county, and municipal securities $ — $ — $ 1,703 $ 10 $ 1,703 $ 10 Mortgage-backed securities — — 35,006 776 35,006 776 $ — $ — $ 36,709 $ 786 $ 36,709 $ 786 At June 30, 2019 , the Company had 38 securities in an unrealized loss position. Management evaluates whether unrealized losses on securities represent impairment that is other than temporary on a quarterly basis. For debt securities, the Company considers its intent to sell or hold the securities and if it is more likely than not the Company will be required to sell the securities. If such impairment is identified, based upon the intent to sell or the more likely than not threshold, the carrying amount of the security is reduced to fair value with a charge to earnings. Upon the result of the aforementioned review, management then reviews for potential other than temporary impairment based upon other qualitative factors. In making this evaluation, management considers changes in market rates relative to those available when the security was acquired, changes in market expectations about the timing of cash flows from securities that can be prepaid, performance of the debt security, and changes in the market’s perception of the issuer’s financial health and the security’s credit quality. If determined that a debt security has incurred other than temporary impairment, then the amount of the credit related impairment is determined. For equity securities, management reviews the near term prospects of the issuer, the nature and cause of the unrealized loss, the severity and duration of the impairments and other factors when determining if an unrealized loss is other than temporary. If a credit loss is evident, the amount of the credit loss is charged to earnings and the non-credit related impairment is recognized through other comprehensive income. At June 30, 2019 , there was no intent to sell any of the securities in an unrealized loss position, and it is more likely than not the Company will not be required to sell these securities. Furthermore, the present value of cash flows expected to be collected exceeded the Company's amortized cost basis of the investment securities; therefore, these securities are not deemed to be other than temporarily impaired. Proceeds from sales of available-for-sale securities as of June 30, 2019 and 2018 were $56.3 million and $410,000 , respectively. Net gains on sales of available-fo-sale securities for the three and six months ended June 30, 2019 were $202,000 and $575,000 , respectively. There were no gains or losses recognized on the sales of available-for-sale securities for the three and six months ended June 30, 2018 . The composition of investment securities reflects the strategy of management to maintain an appropriate level of liquidity while providing a relatively stable source of revenue. The securities portfolio may at times be used to mitigate interest rate risk associated with other areas of the balance sheet while also providing a means for the investment of available funds, providing liquidity and supplying investment securities that are required to be pledged as collateral against specific deposits and for other purposes. Securities with an aggregate carrying value of $90.6 million at June 30, 2019 and $162.5 million at December 31, 2018 were pledged to secure public funds on deposit and for other purposes required or permitted by law.

Loans

Loans	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Loans	LOANS The loan portfolio consisted of the following (in thousands): June 30, 2019 December 31, 2018 Commercial, financial and agricultural $ 226,871 $ 267,340 Real estate – construction 77,482 87,506 Real estate – commercial 409,694 368,449 Real estate – residential 126,043 132,435 Consumer and other 39,476 43,506 Lease financing receivable 471 549 Total loans 880,037 899,785 Allowance for loan and lease losses (28,129 ) (17,430 ) Total loans, net $ 851,908 $ 882,355 The Company monitors loan concentrations and evaluates individual customer and aggregate industry leverage, profitability, risk rating distributions, and liquidity for each major standard industry classification segment. At June 30, 2019 , one industry segment concentration, the oil and gas industry, constituted more than 10% of the loan portfolio. The Company’s exposure in the oil and gas industry, including related service and manufacturing industries, totaled approximately $113.0 million , or 12.8% of total loans, with $3.0 million in nonaccrual oil and gas loans. Allowance for Loan Losses The allowance for loan losses is a valuation account available to absorb probable losses on loans. All losses are charged to the allowance for loan losses when the loss actually occurs or when a determination is made that a loss is likely to occur. Recoveries are credited to the allowance for loan losses at the time of recovery. Quarterly, the probable level of losses in the existing portfolio is estimated through consideration of various quantitative and qualitative factors. As such, some of the factors considered in determining provisions include estimated losses relative to specific credits; known deterioration in concentrations of credit; historical loss experience; trends in nonperforming assets; volume, maturity and composition of the loan portfolio; off–balance sheet credit risk; lending policies and control systems; national and local economic conditions; the experience, ability and depth of lending management; and the results of examinations of the loan portfolio by regulatory agencies and others. Based on these estimates, the allowance for loan losses is increased by charges to earnings and decreased by charge‑offs (net of recoveries). The allowance is composed of general reserves and specific reserves. General reserves are determined by applying loss percentages to segments of the portfolio. The loss percentages are based on each segment’s historical loss experience, generally over the past three to five years, and adjustment factors derived from conditions in the Company’s internal and external environment. All loans considered to be impaired are evaluated on an individual basis to determine specific reserve allocations in accordance with GAAP. Loans for which specific reserves are provided are excluded from the calculation of general reserves. The Company has an internal loan review department that is independent of the lending function to challenge and corroborate the loan grade assigned by the lender and to provide additional analysis in determining the adequacy of the allowance for loan losses. Additionally, the Company utilizes the services of a third party to supplement its loan review efforts. A rollforward of the activity within the allowance for loan losses by loan type and recorded investment in loans as of and for the six months ended June 30, 2019 and 2018 is as follows (in thousands): June 30, 2019 Real Estate Coml, Fin, and Agric Construction Commercial Residential Consumer and other Lease financing receivable Total Allowance for loan losses: and Agric Beginning balance $ 10,633 $ 140 $ 4,913 $ 1,156 $ 585 $ 3 $ 17,430 Charge-offs (1,775 ) — — — (167 ) — (1,942 ) Recoveries 184 — 30 1 67 — 282 Provision 11,654 402 557 (215 ) (36 ) (3 ) 12,359 Ending balance $ 20,696 $ 542 $ 5,500 $ 942 $ 449 $ — $ 28,129 Ending balance: individually evaluated for impairment $ 10,680 $ — $ 74 $ — $ — $ — $ 10,754 Ending balance: collectively evaluated for impairment $ 10,016 $ 542 $ 5,426 $ 942 $ 449 $ — $ 17,375 Loans: Ending balance $ 226,871 $ 77,482 $ 409,694 $ 126,043 $ 39,476 $ 471 $ 880,037 Ending balance: individually evaluated for impairment $ 15,934 $ 424 $ 4,807 $ — $ — $ — $ 21,165 Ending balance: collectively evaluated for impairment $ 210,937 $ 77,058 $ 404,887 $ 126,043 $ 39,476 $ 471 $ 858,872 June 30, 2018 Real Estate Coml, Fin, and Agric Construction Commercial Residential Consumer and other Lease financing receivable Total Allowance for loan losses: Beginning balance $ 20,577 $ 596 $ 3,918 $ 837 $ 957 $ 3 $ 26,888 Charge-offs (1,524 ) (2 ) (86 ) (3 ) (221 ) — (1,836 ) Recoveries 276 — 6 1 36 — 319 Provision (264 ) 159 (105 ) 64 146 — — Ending balance $ 19,065 $ 753 $ 3,733 $ 899 $ 918 $ 3 $ 25,371 Ending balance: individually evaluated for impairment $ 5,968 $ 94 $ 76 $ 20 $ 6 $ — $ 6,164 Ending balance: collectively evaluated for impairment $ 13,097 $ 659 $ 3,657 $ 879 $ 912 $ 3 $ 19,207 Loans: Ending balance $ 401,048 $ 94,679 $ 444,277 $ 145,671 $ 50,888 $ 692 $ 1,137,255 Ending balance: individually evaluated for impairment $ 55,092 $ 192 $ 26,005 $ 2,088 $ 50 $ — $ 83,427 Ending balance: collectively evaluated for impairment $ 345,956 $ 94,487 $ 418,272 $ 143,583 $ 50,838 $ 692 $ 1,053,828 Non-Accrual and Past Due Loans Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status when, in management’s opinion, the probability of collection of interest is deemed insufficient to warrant further accrual. For loans placed on non-accrual status, the accrual of interest is discontinued and subsequent payments received are applied to the principal balance. Interest income is recorded after principal has been satisfied and as payments are received. Non-accrual loans may be returned to accrual status if all principal and interest amounts contractually owed are reasonably assured of repayment within a reasonable period and there is a period of at least six months to one year of repayment performance by the borrower depending on the contractual payment terms. An age analysis of past due loans (including both accruing and non-accruing loans) is as follows (in thousands): June 30, 2019 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loans Loans >90 Days Past Due and Still Accruing Commercial, financial and agricultural $ 559 $ 11,506 $ 3,726 $ 15,791 $ 211,080 $ 226,871 $ — Real estate – construction 4,097 — 262 4,359 73,123 77,482 — Real estate – commercial 2,044 — 1,455 3,499 406,195 409,694 — Real estate – residential 617 73 1,108 1,798 124,245 126,043 — Consumer and other 129 60 27 216 39,260 39,476 — Lease financing receivable — — — — 471 471 — $ 7,446 $ 11,639 $ 6,578 $ 25,663 $ 854,374 $ 880,037 $ — December 31, 2018 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loans Loans >90 Days Past Due and Still Accruing Commercial, financial and agricultural $ 385 $ 902 $ 2,173 $ 3,460 $ 263,880 $ 267,340 $ — Real estate – construction 47 — 117 164 87,342 87,506 — Real estate – commercial 435 — 771 1,206 367,243 368,449 — Real estate – residential 695 31 1,407 2,133 130,302 132,435 — Consumer and other 176 28 56 260 43,246 43,506 — Lease financing receivable — — — — 549 549 — $ 1,738 $ 961 $ 4,524 $ 7,223 $ 892,562 $ 899,785 $ — Non-accrual loans are as follows (in thousands): June 30, 2019 December 31, 2018 Commercial, financial, and agricultural $ 15,630 $ 3,599 Real estate - construction 468 278 Real estate - commercial 4,854 2,977 Real estate - residential 2,308 2,008 Consumer and other 27 58 $ 23,287 $ 8,920 Impaired Loans Loans are considered impaired when, based upon current information, it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. All loans classified as special mention, substandard, or doubtful, based on credit risk rating factors, are reviewed to determine whether impairment testing is appropriate. All loan relationships with an outstanding commitment balance above a specified threshold are evaluated for potential impairment. All loan relationships with an outstanding commitment balance below the specified threshold are assigned an allowance allocation percentage that is determined by management and adjusted periodically based on certain factors. An allowance for each impaired loan is calculated based on the present value of expected future cash flows discounted at the loan’s effective interest rate or at the loan’s observable market price or the fair value of the collateral if the loan is collateral dependent. All impaired loans are reviewed, at a minimum, on a quarterly basis. Existing valuations are reviewed to determine if additional discounts or new appraisals are required. After this review, when comparing the resulting collateral valuation to the outstanding loan balance, if the discounted collateral value exceeds the loan balance, no specific allocation is reserved. The following table presents loans that are individually evaluated for impairment (in thousands). Interest income recognized represents interest on accruing loans modified in a troubled debt restructuring (TDR). June 30, 2019 December 31, 2018 Recorded Investment (1) Unpaid Principal Balance Related Allowance (1) Recorded Investment (1) Unpaid Principal Balance Related Allowance (1) With no related allowance recorded: Commercial, financial, and agricultural $ 3,589 $ 5,278 $ — $ 2,924 $ 3,011 $ — Real estate - construction 424 424 — 117 117 — Real estate - commercial 4,676 5,835 — 3,395 3,395 — Real estate - residential — — — — — Consumer and other — — — — — — Subtotal: 8,689 11,537 — 6,436 6,523 — With an allowance recorded: Commercial, financial, and agricultural 12,345 12,488 10,680 1,025 1,025 470 Real estate - construction — — — 131 131 4 Real estate - commercial 131 131 74 — — — Real estate - residential — — — — — — Consumer and other — — — — — — Subtotal: 12,476 12,619 10,754 1,156 1,156 474 Total impaired loans 21,165 24,156 10,754 7,592 7,679 474 (1) Troubled debt restructurings totaling $1.6 million and $1.3 million are included in the recorded investment of impaired loans as of June 30, 2019 and December 31, 2018 . The average balances of impaired loans and income recognized on impaired loans while they were considered impaired are presented below for the periods indicated (in thousands). June 30, 2019 June 30, 2018 Average Recorded Investment Interest Income Recognized During Impairment Average Recorded Investment Interest Income Recognized During Impairment Commercial, financial, and agricultural $ 16,396 $ — $ 46,935 $ 18 Real estate - construction 451 — 129 — Real estate - commercial 7,126 — 18,567 — Real estate - residential — — 1,353 — Consumer and other — — — — Total $ 23,973 $ — $ 66,984 $ 18 Credit Quality The Company manages credit risk by observing written underwriting standards and the lending policy established by the Board of Directors and management to govern all lending activities. The risk management program requires that each individual loan officer review his or her portfolio on a quarterly basis and assign recommended credit ratings on each loan. These efforts are supplemented by independent reviews performed by a loan review officer and other validations performed by the internal audit department. The results of the reviews are reported directly to the Credit Risk Committee of the Board of Directors. Loans are categorized into risk categories based on relevant information about the ability of borrowers to serve their debt, such as: current financial information, historical payment experience, credit documentation, public information, current economic trends, and other factors. Loans are analyzed individually and classified according to their credit risk. This analysis is performed on a continuous basis. The following definitions are used for risk ratings: Special Mention: Weakness exists that could cause future impairment, including the deterioration of financial ratios, past due status, and questionable management capabilities. Collateral values generally afford adequate coverage but may not be immediately marketable. Substandard: Specific and well-defined weaknesses exist that may include poor liquidity and deterioration of financial ratios. Currently the borrower maintains the capacity to service the debt. The loan may be past due and related deposit accounts experiencing overdrafts. Immediate corrective action is necessary. Doubtful: Specific weaknesses characterized as Substandard exist that are severe enough to make collection in full unlikely. There is no reliable secondary source of full repayment. Loans classified as Doubtful will usually be placed on non-accrual status. The probability of some loss is extremely high but because of certain important and reasonably specific factors, the amount of loss cannot be determined. Loans not meeting the criteria above that are analyzed individually as part of the above-described process are considered to be Pass rated loans. The following tables present the classes of loans by risk rating (in thousands): Special Pass Mention Substandard Doubtful Total June 30, 2019 Commercial, financial and agricultural $ 194,672 $ 10,727 $ 21,472 $ — $ 226,871 Real estate – construction 70,963 1,463 5,047 9 77,482 Real estate – commercial 366,939 21,554 21,201 — 409,694 Real estate – residential 116,599 1,581 7,176 687 126,043 Consumer and other 39,399 — 64 13 39,476 Lease financing receivable 471 — — — 471 Total loans $ 789,043 $ 35,325 $ 54,960 $ 709 $ 880,037 December 31, 2018 Commercial, financial and agricultural $ 240,232 $ 20,259 $ 6,849 $ — $ 267,340 Real estate – construction 83,240 3,910 356 — 87,506 Real estate – commercial 329,213 23,475 15,761 — 368,449 Real estate – residential 125,984 1,955 4,496 — 132,435 Consumer and other 43,416 5 85 — 43,506 Lease financing receivable 549 — — — 549 Total loans $ 822,634 $ 49,604 $ 27,547 $ — $ 899,785 Troubled Debt Restructurings A TDR is a restructuring of a debt made by the Company to a debtor for economic or legal reasons related to the debtor’s financial difficulties that it would not otherwise consider. The Company grants the concession in an attempt to protect as much of its investment as possible. The following tables present information about TDRs that were modified during the periods presented by portfolio segment (in thousands): Three months ended June 30, 2019 June 30, 2018 Number of loans Pre-modification recorded investment Number of loans Pre-modification recorded investment Commercial, financial and agricultural (1) — $ — — $ — Six months ended June 30, 2019 June 30, 2018 Number of loans Pre-modification recorded investment Number of loans Pre-modification recorded investment Commercial, financial and agricultural (1) 3 $ 1,983 — $ — (1) The pre-modification and post-modification recorded investment amount represent the recorded investment on the date of the loan modification. Since the modification of these loans were payment modifications, not principal reductions, the pre-modification and post-modification recorded investment amount is the same. During the six months ended ending June 30, 2019 and 2018 , TDRs that had a payment default during the twelve-month periods and that were modified within the previous 12 months was $713,000 and $0 , respectively. The Company defines a payment default as any loan that is greater than 30 days past due or was past due greater than 30 days at any point during the reporting period, or since the date of modification, whichever is shorter. A troubled debt restructuring by definition is an impaired loan, as such all TDRs that meet the dollar threshold are reviewed for specific impairment in accordance with the Company’s allowance for loan loss methodology. If it is determined an impairment exists, either because of a delinquency or other credit related issues, a specific reserve is recorded for the loan. There are no specific reserves on TDRs as of June 30, 2019 and 2018 .

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	DERIVATIVES Derivatives Designated as Hedging Instruments Cash Flow Hedges The Company uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps, designated as cash flow hedges, involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed payments over the life of the agreements without the exchange of the underlying notional amount. Forward starting interest rate swaps with a notional amount totaling $12.5 million and $15.0 million were entered into on July 6, 2016 and were designated as cash flow hedges of certain repurchase agreements and FHLB advances. The swaps mature in August 2021 and December 2021, respectively. The swaps operate under a pay fixed of .993% and 1.043% , respectively, and receive variable each at LIBOR flat. The swaps were determined to be fully effective during the periods presented and therefore no ineffectiveness has been included in net loss. The aggregate fair value of the swaps is recorded in other assets/other liabilities with changes in fair value recorded in other comprehensive income (loss). The amount included in other comprehensive income (loss) would be reclassified to current earnings if the hedge transactions become probable of not occurring. The Company expects the hedges to remain fully effective during the remaining terms of the swaps. At June 30, 2019 and December 31, 2018 , the fair value of the swap recorded in other assets totaled $381,000 and $1.1 million , respectively. Interest expense recorded on the swap transaction totaled $2,000 and $4,000 for the three and six months ended June 30, 2019 , respectively and is reported as a component of interest expense.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	LEASES As of January 1, 2019, the Company adopted ASU 2016-02 (Topic 842) on a prospective basis using the effective date method. The adoption of the new standard did not have a material impact on MidSouth's financial statements; however, additional disclosures have been added in accordance with the ASU. See Note 2 for additional information on this new accounting standard. We have operating leases for branches and corporate offices. Our leases have remaining lease terms from 1 to 40 years , some of which have options to extend the leases up to 5 years , and some which include options to terminate the leases within 1 year . Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight -line basis over the lease term. We rent or sublease certain real estate to third parties. The following is a summary of net lease cost and other selected information related to operating leases (cost, in thousands): Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Net lease cost: Operating lease cost $ 466 $ 932 Variable lease cost (43 ) (89 ) Sub lease income (44 ) (88 ) Net lease cost $ 379 $ 755 Weighted average remaining lease term (years) 14 14 Weighted average discount rate 3.4 % 3.4 % Maturities of leases payments, undiscounted cash flow, lease liability were as follows (in thousands): Lease Payments Undiscounted Cash Flow Lease Liability 2019 $ 908 $ 126 $ 782 2020 1,820 210 1,610 2021 1,364 158 1,206 2022 554 134 420 2023 378 124 254 Thereafter 5,248 1,704 3,544 $ 10,272 $ 2,456 $ 7,816

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Other Comprehensive Income (Loss)	OTHER COMPREHENSIVE INCOME (LOSS) The following is a summary of the tax effects allocated to each component of other comprehensive income (loss) (in thousands): Three Months Ended June 30, 2019 2018 Before Tax Amount Tax Effect Net of Tax Amount Before Tax Amount Tax Effect Net of Tax Amount Other comprehensive income (loss): Securities available-for-sale: Change in unrealized gains/losses during period $ 4,428 $ — $ 4,428 $ (873 ) $ 184 $ (689 ) Reclassification adjustment for gains included in net income (202 ) — (202 ) — — — Derivative instruments designated as cash flow hedges: Change in fair value of derivative instruments designated as cash flow hedges (423 ) — (423 ) 89 (19 ) 70 Total other comprehensive income (loss) $ 3,803 $ — $ 3,803 $ (784 ) $ 165 $ (619 ) Six Months Ended June 30, 2019 2018 Before Tax Amount Tax Effect Net of Tax Amount Before Tax Amount Tax Effect Net of Tax Amount Other comprehensive income (loss): Securities available-for-sale: Change in unrealized gains/losses during period $ 10,905 $ — $ 10,905 $ (4,922 ) $ 1,034 $ (3,888 ) Reclassification adjustment for gains included in net income (575 ) — (575 ) — — — Derivative instruments designated as cash flow hedges: Change in fair value of derivative instruments designated as cash flow hedges (685 ) — (685 ) 400 (84 ) 316 Total other comprehensive income (loss) $ 9,645 $ — $ 9,645 $ (4,522 ) $ 950 $ (3,572 ) The reclassifications out of accumulated other comprehensive income (loss) into net income are presented below (in thousands): Three months ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Details about Accumulated Other Comprehensive Income (Loss) Components Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Reclassifications Out of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Reclassifications Out of Income Statement Line Item Unrealized gains and losses on securities available-for-sale: $ 202 $ — 575 — Gain on sale of securities, net — — — — Tax expense $ 202 $ — $ 575 $ — Net of tax Gains on derivative instruments: $ 423 $ (63 ) $ 685 $ (102 ) Interest expense — 13 — 21 Tax expense $ 423 $ (50 ) $ 685 $ (81 ) Net of tax

Loss Per Common Share

Loss Per Common Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Loss Per Common Share	LOSS PER COMMON SHARE The following table is a summary of computation of loss per common share based on the weighted average number of common shares outstanding (dollars in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Net loss $ (2,903 ) $ (669 ) $ (8,733 ) $ (308 ) Dividends on preferred stock 810 810 1,620 1,620 Adjusted net loss available to common shareholders $ (3,713 ) $ (1,479 ) $ (10,353 ) $ (1,928 ) Weighted average number of common shares outstanding used in computation of basic loss per common share 16,724 16,526 16,699 16,511 Effect of dilutive securities: Stock options — 3 — 3 Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted loss per share 16,724 16,529 16,699 16,514 Net loss per common share: Basic $ (0.22 ) $ (0.09 ) $ (0.62 ) $ (0.12 ) Diluted $ (0.22 ) $ (0.09 ) $ (0.62 ) $ (0.12 ) The Company has reported a net loss for the three and six months ended June 30, 2019 . As such, during those periods all potential common shares were excluded from the calculation of diluted earnings per share as they would have an anti-dilutive effect for the respective period.

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurement	FAIR VALUE MEASUREMENT The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Securities available-for-sale and derivative financial instruments are recorded at fair value on a recurring basis. From time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans, loans held-for-sale, other real estate and assets held-for-sale. Additionally, the Company is required to disclose, but not record, the fair value of other financial instruments. Fair Value Hierarchy The Company groups assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are: Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets. Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. Following is a description of valuation methodologies used for assets and liabilities which are either recorded or disclosed at fair value. Cash and cash equivalents —The carrying value of cash and due from banks, federal funds sold and interest-bearing deposits in other banks, and time deposits in other banks approximate fair value. Debt Securities —Securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange and Treasury securities that are traded by dealers or brokers in active over-the-counter market and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds, corporate debt securities and asset-backed securities and are valued based on observable inputs that include: quoted market prices for similar assets, quoted market prices that are not in an active market, or other inputs that are observable in the market and can be corroborated by observable market data for substantially the full term of the securities. Securities classified as Level 3 include asset-backed securities in less liquid markets. Securities classified as Level 3 are valued based on estimates obtained from broker-dealers and are not directly observable. Loans held for sale —Loans held for sale are carried at the lower of carrying value or fair value. Fair value is based upon quotes or bids on these loans directly from the purchaser. Loans —For disclosure purposes, 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. For variable rate loans, the carrying amount is a reasonable estimate of fair value. The Company does not record loans at fair value on a recurring basis. The fair value of impaired loans is estimated based on discounted contractual cash flows or underlying collateral values, where applicable. A loan is determined to be impaired if the Company believes it is probable that all principal and interest amounts due according to the terms of the note will not be collected as scheduled. The fair value of impaired loans is determined in accordance with ASC 310-10, Accounting by Creditors for Impairment of a Loan , and generally results in a specific reserve established through a charge to the provision for loan losses. Losses on impaired loans are charged to the allowance when management believes the uncollectability of a loan is confirmed. Management has determined that the majority of impaired loans are Level 3 assets due to the extensive use of market appraisals Cash Surrender Value of Life Insurance Policies —Fair value for life insurance cash surrender value is based on cash surrender values indicated by the insurance companies. Other Real Estate —Other real estate properties are adjusted to fair value upon transfer of the loans to other real estate, and annually thereafter to insure other real estate assets are carried at the lower of carrying value or fair value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the other real estate as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and adjusts the appraisal value by taking an additional discount for market conditions and there is no observable market prices, the Company records the other real estate asset as nonrecurring Level 3. Derivative Instruments —The fair value of derivatives are determined by an independent valuation firm and are estimated using prices of financial instruments with similar characteristics. As a result, they are classified within Level 2 of the fair value hierarchy. Deposits —The fair value of demand deposits, savings accounts, NOW accounts, and money market deposits is the carrying amount at the reporting date. The fair value of fixed maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. The estimated fair value does not include customer related intangibles. Securities Sold Under Agreements to Repurchase —The fair value approximates the carrying value of repurchase agreements due to their short-term nature. Federal Home Loan Bank Advances —The fair value approximates carrying amount because of the short maturity of these instruments. Junior Subordinated Debentures —For junior subordinated debentures that bear interest on a floating basis, the fair value approximates carrying amount. For junior subordinated debentures that bear interest on a fixed rate basis, the fair value is estimated using a discounted cash flow analysis that applies interest rates currently being offered on similar types of borrowings. Off-Balance-Sheet Instruments —Because commitments to extend credit and standby letters of credit are generally short-term and made using variable rates, the carrying value and estimated fair value associated with these instruments are immaterial for disclosure. The following table presents the fair value measurements of certain assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall (in thousands): Recurring Basis Fair Value Measurements June 30, 2019 Fair Value Level 1 Level 2 Level 3 Financial assets: U.S. Government agencies $ 3,042 $ — $ 3,042 $ — State, county, and municipal securities 12,733 $ — 12,733 $ — Mortgage-backed securities 400,079 — 400,079 — Corporate debt securities 9,784 — 9,784 — Derivative assets 669 $ — 669 $ — Total recurring assets at fair value $ 426,307 $ — $ 426,307 $ — Recurring Basis Fair Value Measurements December 31, 2018 Fair Value Level 1 Level 2 Level 3 Financial assets: U.S. Government agencies $ 3,072 $ — $ 3,072 $ — State, county, and municipal securities 44,088 $ — 44,088 $ — Mortgage-backed securities 365,877 — 365,877 — Corporate debt securities 24,717 — 24,717 — Derivative assets 1,067 $ — 1,067 $ — Total recurring assets at fair value $ 438,821 $ — $ 438,821 $ — The following table presents the fair value measurements of certain assets and liabilities measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements fall (dollars in thousands): Nonrecurring Basis Fair Value Measurements June 30, 2019 Fair Value Level 1 Level 2 Level 3 Financial assets: Impaired loans $ 4,307 $ — $ — $ 4,307 Loans held for sale 10,304 — 10,304 — Other real estate 387 — — 387 Assets held for sale 1,024 — 1,024 — Total nonrecurring assets at fair value $ 16,022 $ — $ 11,328 $ 4,694 Nonrecurring Basis Fair Value Measurements December 31, 2018 Fair Value Level 1 Level 2 Level 3 Financial assets: Impaired loans $ 3,086 $ — $ — $ 3,086 Loans held for sale 23,876 — 23,876 — Other real estate 1,067 — — 1,067 Assets held for sale 1,024 — 1,024 — Total nonrecurring assets at fair value $ 29,053 $ — $ 24,900 $ 4,153 The inputs used to determine estimated fair value of impaired loans include market conditions, loan terms, underlying collateral characteristics and discount rates. The inputs used to determine fair value of OREO include market conditions, estimated marketing period or holding period, underlying collateral characteristics and discount rates. For the six months ended June 30, 2019 and the year ended December 31, 2018 , there was not a change in the methods and significant assumptions used to estimate fair value for assets carried at fair value. The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets (dollars in thousands) : Fair Value at Description June 30, 2019 Technique Unobservable Inputs Impaired loans $ 4,307 Third party appraisals Collateral discounts and estimated costs to sell Other real estate 387 Third party appraisals Collateral discounts and estimated costs to sell Fair Value at Description December 31, 2018 Technique Unobservable Inputs Impaired loans $ 3,086 Third party appraisals Collateral discounts and estimated costs to sell Other real estate 1,067 Third party appraisals Collateral discounts and estimated costs to sell Limitations 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 The carrying amounts and estimated fair values of the Company’s financial instruments are as follows at June 30, 2019 and December 31, 2018 (dollars in thousands): Fair Value Measurements June 30, 2019 Carrying Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 243,430 $ 243,430 $ — $ — Securities available-for-sale 425,638 — 425,638 — Securities held-to-maturity 33,219 — 33,363 — Loans, net 851,908 — — 862,519 Derivative assets 669 — 669 — Cash surrender value of life insurance 15,248 — 15,248 — Financial liabilities: Non-interest-bearing deposits $ 399,619 $ — $ 399,619 $ — Interest-bearing deposits 1,023,770 — 847,109 178,554 Securities sold under agreements to repurchase 7,816 7,816 — — FHLB borrowings 27,500 — 27,500 — Other borrowings 22,167 — 22,167 — December 31, 2018 Carrying Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 205,371 $ 205,371 $ — $ — Available-for-sale securities 437,754 — 437,754 — Securities held-to-maturity 37,759 — 36,974 — Loans, net 882,355 — — 885,054 Derivative assets 1,067 — 1,067 — Cash surrender value of life insurance 15,135 — 15,135 — Financial liabilities: Non-interest-bearing deposits $ 383,167 $ — $ 383,167 $ — Interest-bearing deposits 1,068,904 — 888,806 177,794 Securities sold under agreements to repurchase 11,220 11,220 — — FHLB borrowings 27,500 — 27,500 — Other borrowings 22,167 — 22,167 —

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements and Adoption of New Accounting Standards (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Accounting Standards Adopted in 2019 and Recent Accounting Pronouncements	Accounting Standards Adopted in 2019 In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842). This guidance was further modified in July 2018 by ASU No. 2018-10, Codification Improvements to Topic 842 Leases and ASU No. 2018-11 , Leases (Topic 842): Targeted Improvements . These updates require a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities. For public entities, these updates are effective for fiscal years beginning after December 15, 2018, with the option to transition with a modified retrospective application to prior periods presented or to apply the guidance as of the adoption date without restating prior periods. The Company adopted the standard on January 1, 2019 without restating prior periods, and recorded a $8.7 million right of use asset and corresponding lease liability as a result of including leases on the consolidated balance sheet. The adopted guidance did not have an effect on Company's consolidated statement of operations or statement of shareholders' equity. Recent Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This guidance was further modified in November 2018 by ASU No. 2018–19, Codification Improvements to Topic 326, Financial Instruments – Credit Losses . The new guidance replaces the incurred loss impairment methodology in current GAAP with an expected credit loss methodology and requires consideration of a broader range of information to determine credit loss estimates. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses. Purchased credit impaired loans will receive an allowance account at the acquisition date that represents a component of the purchase price allocation. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses, with such allowance limited to the amount by which fair value is below amortized cost. Application of this update will primarily be on a modified retrospective approach, although the guidance for debt securities for which an other-than-temporary impairment has been recognized before the effective date and for loans previously covered by ASC 310-30, Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality will be applied on a prospective basis. For public entities, this update is effective for fiscal years beginning after December 15, 2019. Upon adoption, the Company expects that the allowance for credit losses will be higher given the change to estimated losses for the estimated life of the financial asset, however management is still in the process of determining the potential magnitude of the increase. Management has formed a steering committee and has completed a gap assessment that became the basis for a full project plan. In addition, management has selected a vendor model and begun the implementation phase of the project plan. The Company is implementing a new software program to ensure it is prepared for implementation by the effective date. At the FASB's July 17, 2019, public meeting, the FASB tentatively decided to delay the effective dates for Small Reporting Companies as defined by the Securities and Exchange Commission. This decision is subject to public comment and a final determination. As such, the Company expects that it could be eligible to delay implementation until January 2023. In June 2018, the FASB issued ASU No. 2018-08, Not for Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made . This update clarifies the guidance about whether a transfer of assets (or the reduction, settlement or cancellation of liabilities) is a contribution or an exchange transaction. In addition, the guidance clarifies the determination of whether a transaction is conditional. For public entities, this update is effective for contributions made in fiscal years beginning after December 15, 2018. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . The update removes disclosures that are no longer considered cost beneficial, modifies certain requirements of disclosures, and adds disclosure requirements identified as relevant. For public entities, this guidance is effective for fiscal years ending after December 15, 2019 and, depending on the provision, requires either prospective or retrospective application to prior periods presented. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. In October 2018, the FASB issued ASU No. 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes . This update permits the OIS rate, based on SOFR, as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815. The Company does not expect the new guidance to have a material impact on the consolidated financial statements.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-Sale Investment Securities	The amortized cost and fair value of available-for-sale investment securities are as follows (in thousands) : Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2019 U.S. Agencies $ 2,867 $ 175 $ — $ 3,042 State, county, and municipal securities 12,233 500 — 12,733 Mortgage-backed securities 395,814 4,965 700 400,079 Corporate debt securities 10,568 202 986 9,784 $ 421,482 $ 5,842 $ 1,686 $ 425,638 December 31, 2018 U.S. Agencies $ 3,016 $ 56 $ — $ 3,072 State, county, and municipal securities 44,639 214 765 44,088 Mortgage-backed securities 370,706 1,092 5,921 365,877 Corporate debt securities 25,567 433 1,283 24,717 $ 443,928 $ 1,795 $ 7,969 $ 437,754
Schedule of Held-to-Maturity Securities	The amortized cost and fair value of held-to-maturity investment securities are as follows (in thousands) : Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2019 State, county, and municipal securities $ 1,659 $ 4 $ 1 $ 1,662 Mortgage-backed securities 31,560 281 140 31,701 $ 33,219 $ 285 $ 141 $ 33,363 December 31, 2018 State, county, and municipal securities $ 1,977 $ 1 $ 10 $ 1,968 Mortgage-backed securities 35,782 — 776 $ 35,006 $ 37,759 $ 1 $ 786 $ 36,974
Summary of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	The amortized cost and fair value of available-for-sale and held-to-maturity securities by contractual maturity are shown below (in thousands) : Amortized Cost Fair Value June 30, 2019 Due after one year through five years $ 3,300 $ 2,333 Due after five years through ten years 13,236 13,622 Due after ten years 9,132 9,604 Mortgage-backed securities¹ 395,814 400,079 $ 421,482 $ 425,638 Held-to-maturity: Due in one year or less $ 766 $ 767 Due after one year through five years 893 895 Mortgage-backed securities¹ 31,560 31,701 $ 33,219 $ 33,363 ¹Actual maturities may differ from contractual maturities as borrowers may prepay obligations without prepayment penalties.
Schedule of Investment Securities with Unrealized Losses	The following summarizes the fair value of securities available-for-sale in an unrealized loss position as of the dates indicated (in thousands) : Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 Corporate debt securities $ 604 $ 986 $ — $ — $ 604 $ 986 Mortgage-backed securities — — 101,623 700 101,623 700 $ 604 $ 986 $ 101,623 $ 700 $ 102,227 $ 1,686 December 31, 2018 State, county, and municipal securities $ 2,573 $ 11 $ 19,539 $ 754 $ 22,112 $ 765 Mortgage-backed securities 25,706 34 197,036 5,887 222,742 5,921 Corporate debt securities 3,307 1,283 — — 3,307 1,283 $ 31,586 $ 1,328 $ 216,575 $ 6,641 $ 248,161 $ 7,969 The following summarizes the fair value of securities held-to-maturity in an unrealized loss position as of the dates indicated (in thousands) : Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 State, county, and municipal securities $ — $ — $ 470 $ 1 $ 470 $ 1 Mortgage-backed securities — — 10,093 140 10,093 140 $ — $ — $ 10,563 $ 141 $ 10,563 $ 141 December 31, 2018 State, county, and municipal securities $ — $ — $ 1,703 $ 10 $ 1,703 $ 10 Mortgage-backed securities — — 35,006 776 35,006 776 $ — $ — $ 36,709 $ 786 $ 36,709 $ 786

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Components of Loans Receivable	The loan portfolio consisted of the following (in thousands): June 30, 2019 December 31, 2018 Commercial, financial and agricultural $ 226,871 $ 267,340 Real estate – construction 77,482 87,506 Real estate – commercial 409,694 368,449 Real estate – residential 126,043 132,435 Consumer and other 39,476 43,506 Lease financing receivable 471 549 Total loans 880,037 899,785 Allowance for loan and lease losses (28,129 ) (17,430 ) Total loans, net $ 851,908 $ 882,355
Roll Forward of Activity in Allowance for Loan Losses	A rollforward of the activity within the allowance for loan losses by loan type and recorded investment in loans as of and for the six months ended June 30, 2019 and 2018 is as follows (in thousands): June 30, 2019 Real Estate Coml, Fin, and Agric Construction Commercial Residential Consumer and other Lease financing receivable Total Allowance for loan losses: and Agric Beginning balance $ 10,633 $ 140 $ 4,913 $ 1,156 $ 585 $ 3 $ 17,430 Charge-offs (1,775 ) — — — (167 ) — (1,942 ) Recoveries 184 — 30 1 67 — 282 Provision 11,654 402 557 (215 ) (36 ) (3 ) 12,359 Ending balance $ 20,696 $ 542 $ 5,500 $ 942 $ 449 $ — $ 28,129 Ending balance: individually evaluated for impairment $ 10,680 $ — $ 74 $ — $ — $ — $ 10,754 Ending balance: collectively evaluated for impairment $ 10,016 $ 542 $ 5,426 $ 942 $ 449 $ — $ 17,375 Loans: Ending balance $ 226,871 $ 77,482 $ 409,694 $ 126,043 $ 39,476 $ 471 $ 880,037 Ending balance: individually evaluated for impairment $ 15,934 $ 424 $ 4,807 $ — $ — $ — $ 21,165 Ending balance: collectively evaluated for impairment $ 210,937 $ 77,058 $ 404,887 $ 126,043 $ 39,476 $ 471 $ 858,872 June 30, 2018 Real Estate Coml, Fin, and Agric Construction Commercial Residential Consumer and other Lease financing receivable Total Allowance for loan losses: Beginning balance $ 20,577 $ 596 $ 3,918 $ 837 $ 957 $ 3 $ 26,888 Charge-offs (1,524 ) (2 ) (86 ) (3 ) (221 ) — (1,836 ) Recoveries 276 — 6 1 36 — 319 Provision (264 ) 159 (105 ) 64 146 — — Ending balance $ 19,065 $ 753 $ 3,733 $ 899 $ 918 $ 3 $ 25,371 Ending balance: individually evaluated for impairment $ 5,968 $ 94 $ 76 $ 20 $ 6 $ — $ 6,164 Ending balance: collectively evaluated for impairment $ 13,097 $ 659 $ 3,657 $ 879 $ 912 $ 3 $ 19,207 Loans: Ending balance $ 401,048 $ 94,679 $ 444,277 $ 145,671 $ 50,888 $ 692 $ 1,137,255 Ending balance: individually evaluated for impairment $ 55,092 $ 192 $ 26,005 $ 2,088 $ 50 $ — $ 83,427 Ending balance: collectively evaluated for impairment $ 345,956 $ 94,487 $ 418,272 $ 143,583 $ 50,838 $ 692 $ 1,053,828
Age Analysis of Past Due Loans by Class of Loans	An age analysis of past due loans (including both accruing and non-accruing loans) is as follows (in thousands): June 30, 2019 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loans Loans >90 Days Past Due and Still Accruing Commercial, financial and agricultural $ 559 $ 11,506 $ 3,726 $ 15,791 $ 211,080 $ 226,871 $ — Real estate – construction 4,097 — 262 4,359 73,123 77,482 — Real estate – commercial 2,044 — 1,455 3,499 406,195 409,694 — Real estate – residential 617 73 1,108 1,798 124,245 126,043 — Consumer and other 129 60 27 216 39,260 39,476 — Lease financing receivable — — — — 471 471 — $ 7,446 $ 11,639 $ 6,578 $ 25,663 $ 854,374 $ 880,037 $ — December 31, 2018 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loans Loans >90 Days Past Due and Still Accruing Commercial, financial and agricultural $ 385 $ 902 $ 2,173 $ 3,460 $ 263,880 $ 267,340 $ — Real estate – construction 47 — 117 164 87,342 87,506 — Real estate – commercial 435 — 771 1,206 367,243 368,449 — Real estate – residential 695 31 1,407 2,133 130,302 132,435 — Consumer and other 176 28 56 260 43,246 43,506 — Lease financing receivable — — — — 549 549 — $ 1,738 $ 961 $ 4,524 $ 7,223 $ 892,562 $ 899,785 $ —
Schedule of Loans on Nonaccrual Status	Non-accrual loans are as follows (in thousands): June 30, 2019 December 31, 2018 Commercial, financial, and agricultural $ 15,630 $ 3,599 Real estate - construction 468 278 Real estate - commercial 4,854 2,977 Real estate - residential 2,308 2,008 Consumer and other 27 58 $ 23,287 $ 8,920
Schedule of Loans Evaluated for Impairment	The following table presents loans that are individually evaluated for impairment (in thousands). Interest income recognized represents interest on accruing loans modified in a troubled debt restructuring (TDR). June 30, 2019 December 31, 2018 Recorded Investment (1) Unpaid Principal Balance Related Allowance (1) Recorded Investment (1) Unpaid Principal Balance Related Allowance (1) With no related allowance recorded: Commercial, financial, and agricultural $ 3,589 $ 5,278 $ — $ 2,924 $ 3,011 $ — Real estate - construction 424 424 — 117 117 — Real estate - commercial 4,676 5,835 — 3,395 3,395 — Real estate - residential — — — — — Consumer and other — — — — — — Subtotal: 8,689 11,537 — 6,436 6,523 — With an allowance recorded: Commercial, financial, and agricultural 12,345 12,488 10,680 1,025 1,025 470 Real estate - construction — — — 131 131 4 Real estate - commercial 131 131 74 — — — Real estate - residential — — — — — — Consumer and other — — — — — — Subtotal: 12,476 12,619 10,754 1,156 1,156 474 Total impaired loans 21,165 24,156 10,754 7,592 7,679 474 (1) Troubled debt restructurings totaling $1.6 million and $1.3 million are included in the recorded investment of impaired loans as of June 30, 2019 and December 31, 2018 . The average balances of impaired loans and income recognized on impaired loans while they were considered impaired are presented below for the periods indicated (in thousands). June 30, 2019 June 30, 2018 Average Recorded Investment Interest Income Recognized During Impairment Average Recorded Investment Interest Income Recognized During Impairment Commercial, financial, and agricultural $ 16,396 $ — $ 46,935 $ 18 Real estate - construction 451 — 129 — Real estate - commercial 7,126 — 18,567 — Real estate - residential — — 1,353 — Consumer and other — — — — Total $ 23,973 $ — $ 66,984 $ 18
Credit Quality Indicators by Class of Loans	The following tables present the classes of loans by risk rating (in thousands): Special Pass Mention Substandard Doubtful Total June 30, 2019 Commercial, financial and agricultural $ 194,672 $ 10,727 $ 21,472 $ — $ 226,871 Real estate – construction 70,963 1,463 5,047 9 77,482 Real estate – commercial 366,939 21,554 21,201 — 409,694 Real estate – residential 116,599 1,581 7,176 687 126,043 Consumer and other 39,399 — 64 13 39,476 Lease financing receivable 471 — — — 471 Total loans $ 789,043 $ 35,325 $ 54,960 $ 709 $ 880,037 December 31, 2018 Commercial, financial and agricultural $ 240,232 $ 20,259 $ 6,849 $ — $ 267,340 Real estate – construction 83,240 3,910 356 — 87,506 Real estate – commercial 329,213 23,475 15,761 — 368,449 Real estate – residential 125,984 1,955 4,496 — 132,435 Consumer and other 43,416 5 85 — 43,506 Lease financing receivable 549 — — — 549 Total loans $ 822,634 $ 49,604 $ 27,547 $ — $ 899,785
Schedule of Modified Troubled Debt Restructurings During the Period	The following tables present information about TDRs that were modified during the periods presented by portfolio segment (in thousands): Three months ended June 30, 2019 June 30, 2018 Number of loans Pre-modification recorded investment Number of loans Pre-modification recorded investment Commercial, financial and agricultural (1) — $ — — $ — Six months ended June 30, 2019 June 30, 2018 Number of loans Pre-modification recorded investment Number of loans Pre-modification recorded investment Commercial, financial and agricultural (1) 3 $ 1,983 — $ — (1) The pre-modification and post-modification recorded investment amount represent the recorded investment on the date of the loan modification. Since the modification of these loans were payment modifications, not principal reductions, the pre-modification and post-modification recorded investment amount is the same.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Net Lease Cost and Other Selected Information	The following is a summary of net lease cost and other selected information related to operating leases (cost, in thousands): Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Net lease cost: Operating lease cost $ 466 $ 932 Variable lease cost (43 ) (89 ) Sub lease income (44 ) (88 ) Net lease cost $ 379 $ 755 Weighted average remaining lease term (years) 14 14 Weighted average discount rate 3.4 % 3.4 %
Maturities of Lease Liabilities	Maturities of leases payments, undiscounted cash flow, lease liability were as follows (in thousands): Lease Payments Undiscounted Cash Flow Lease Liability 2019 $ 908 $ 126 $ 782 2020 1,820 210 1,610 2021 1,364 158 1,206 2022 554 134 420 2023 378 124 254 Thereafter 5,248 1,704 3,544 $ 10,272 $ 2,456 $ 7,816

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Summary of Tax Effects	The following is a summary of the tax effects allocated to each component of other comprehensive income (loss) (in thousands): Three Months Ended June 30, 2019 2018 Before Tax Amount Tax Effect Net of Tax Amount Before Tax Amount Tax Effect Net of Tax Amount Other comprehensive income (loss): Securities available-for-sale: Change in unrealized gains/losses during period $ 4,428 $ — $ 4,428 $ (873 ) $ 184 $ (689 ) Reclassification adjustment for gains included in net income (202 ) — (202 ) — — — Derivative instruments designated as cash flow hedges: Change in fair value of derivative instruments designated as cash flow hedges (423 ) — (423 ) 89 (19 ) 70 Total other comprehensive income (loss) $ 3,803 $ — $ 3,803 $ (784 ) $ 165 $ (619 ) Six Months Ended June 30, 2019 2018 Before Tax Amount Tax Effect Net of Tax Amount Before Tax Amount Tax Effect Net of Tax Amount Other comprehensive income (loss): Securities available-for-sale: Change in unrealized gains/losses during period $ 10,905 $ — $ 10,905 $ (4,922 ) $ 1,034 $ (3,888 ) Reclassification adjustment for gains included in net income (575 ) — (575 ) — — — Derivative instruments designated as cash flow hedges: Change in fair value of derivative instruments designated as cash flow hedges (685 ) — (685 ) 400 (84 ) 316 Total other comprehensive income (loss) $ 9,645 $ — $ 9,645 $ (4,522 ) $ 950 $ (3,572 )
Reclassification Out of Accumulated Other Comprehensive Income	The reclassifications out of accumulated other comprehensive income (loss) into net income are presented below (in thousands): Three months ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Details about Accumulated Other Comprehensive Income (Loss) Components Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Reclassifications Out of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Reclassifications Out of Income Statement Line Item Unrealized gains and losses on securities available-for-sale: $ 202 $ — 575 — Gain on sale of securities, net — — — — Tax expense $ 202 $ — $ 575 $ — Net of tax Gains on derivative instruments: $ 423 $ (63 ) $ 685 $ (102 ) Interest expense — 13 — 21 Tax expense $ 423 $ (50 ) $ 685 $ (81 ) Net of tax

Loss Per Common Share (Tables)

Loss Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Components of Loss per Common Share	The following table is a summary of computation of loss per common share based on the weighted average number of common shares outstanding (dollars in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Net loss $ (2,903 ) $ (669 ) $ (8,733 ) $ (308 ) Dividends on preferred stock 810 810 1,620 1,620 Adjusted net loss available to common shareholders $ (3,713 ) $ (1,479 ) $ (10,353 ) $ (1,928 ) Weighted average number of common shares outstanding used in computation of basic loss per common share 16,724 16,526 16,699 16,511 Effect of dilutive securities: Stock options — 3 — 3 Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted loss per share 16,724 16,529 16,699 16,514 Net loss per common share: Basic $ (0.22 ) $ (0.09 ) $ (0.62 ) $ (0.12 ) Diluted $ (0.22 ) $ (0.09 ) $ (0.62 ) $ (0.12 )

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the fair value measurements of certain assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall (in thousands): Recurring Basis Fair Value Measurements June 30, 2019 Fair Value Level 1 Level 2 Level 3 Financial assets: U.S. Government agencies $ 3,042 $ — $ 3,042 $ — State, county, and municipal securities 12,733 $ — 12,733 $ — Mortgage-backed securities 400,079 — 400,079 — Corporate debt securities 9,784 — 9,784 — Derivative assets 669 $ — 669 $ — Total recurring assets at fair value $ 426,307 $ — $ 426,307 $ — Recurring Basis Fair Value Measurements December 31, 2018 Fair Value Level 1 Level 2 Level 3 Financial assets: U.S. Government agencies $ 3,072 $ — $ 3,072 $ — State, county, and municipal securities 44,088 $ — 44,088 $ — Mortgage-backed securities 365,877 — 365,877 — Corporate debt securities 24,717 — 24,717 — Derivative assets 1,067 $ — 1,067 $ — Total recurring assets at fair value $ 438,821 $ — $ 438,821 $ —
Schedule of Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis	The following table presents the fair value measurements of certain assets and liabilities measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements fall (dollars in thousands): Nonrecurring Basis Fair Value Measurements June 30, 2019 Fair Value Level 1 Level 2 Level 3 Financial assets: Impaired loans $ 4,307 $ — $ — $ 4,307 Loans held for sale 10,304 — 10,304 — Other real estate 387 — — 387 Assets held for sale 1,024 — 1,024 — Total nonrecurring assets at fair value $ 16,022 $ — $ 11,328 $ 4,694 Nonrecurring Basis Fair Value Measurements December 31, 2018 Fair Value Level 1 Level 2 Level 3 Financial assets: Impaired loans $ 3,086 $ — $ — $ 3,086 Loans held for sale 23,876 — 23,876 — Other real estate 1,067 — — 1,067 Assets held for sale 1,024 — 1,024 — Total nonrecurring assets at fair value $ 29,053 $ — $ 24,900 $ 4,153
Schedule of Significant Observable Inputs Used in Fair Value Measurement of Level 3 Assets	The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets (dollars in thousands) : Fair Value at Description June 30, 2019 Technique Unobservable Inputs Impaired loans $ 4,307 Third party appraisals Collateral discounts and estimated costs to sell Other real estate 387 Third party appraisals Collateral discounts and estimated costs to sell Fair Value at Description December 31, 2018 Technique Unobservable Inputs Impaired loans $ 3,086 Third party appraisals Collateral discounts and estimated costs to sell Other real estate 1,067 Third party appraisals Collateral discounts and estimated costs to sell
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of the Company’s financial instruments are as follows at June 30, 2019 and December 31, 2018 (dollars in thousands): Fair Value Measurements June 30, 2019 Carrying Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 243,430 $ 243,430 $ — $ — Securities available-for-sale 425,638 — 425,638 — Securities held-to-maturity 33,219 — 33,363 — Loans, net 851,908 — — 862,519 Derivative assets 669 — 669 — Cash surrender value of life insurance 15,248 — 15,248 — Financial liabilities: Non-interest-bearing deposits $ 399,619 $ — $ 399,619 $ — Interest-bearing deposits 1,023,770 — 847,109 178,554 Securities sold under agreements to repurchase 7,816 7,816 — — FHLB borrowings 27,500 — 27,500 — Other borrowings 22,167 — 22,167 — December 31, 2018 Carrying Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 205,371 $ 205,371 $ — $ — Available-for-sale securities 437,754 — 437,754 — Securities held-to-maturity 37,759 — 36,974 — Loans, net 882,355 — — 885,054 Derivative assets 1,067 — 1,067 — Cash surrender value of life insurance 15,135 — 15,135 — Financial liabilities: Non-interest-bearing deposits $ 383,167 $ — $ 383,167 $ — Interest-bearing deposits 1,068,904 — 888,806 177,794 Securities sold under agreements to repurchase 11,220 11,220 — — FHLB borrowings 27,500 — 27,500 — Other borrowings 22,167 — 22,167 —

Basis of Presentation (Details)

Basis of Presentation (Details)	12 Months Ended
	Dec. 31, 2019	Jun. 30, 2019$ / shares	Dec. 31, 2018$ / shares
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)		$ 0.10	$ 0.10
Hancock Whitney Corporation
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)		$ 3.33
Scenario, Forecast | Hancock Whitney Corporation | Hancock Whitney Corporation
Business Acquisition [Line Items]
Number of shares issued for each share of acquiree common stock (in shares)	0.2952

Recent Accounting Pronounceme_3

Recent Accounting Pronouncements and Adoption of New Accounting Standards (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	$ 7,865		$ 0
Operating lease liability	$ 7,816		$ 0
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets		$ 8,700
Operating lease liability		$ 8,700

Investment Securities - Portfol

Investment Securities - Portfolio of Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 421,482	$ 443,928
Unrealized Gains	5,842	1,795
Unrealized Losses	1,686	7,969
Fair Value	425,638	437,754
U.S. Agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,867	3,016
Unrealized Gains	175	56
Unrealized Losses	0	0
Fair Value	3,042	3,072
State, county, and municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	12,233	44,639
Unrealized Gains	500	214
Unrealized Losses	0	765
Fair Value	12,733	44,088
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	395,814	370,706
Unrealized Gains	4,965	1,092
Unrealized Losses	700	5,921
Fair Value	400,079	365,877
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	10,568	25,567
Unrealized Gains	202	433
Unrealized Losses	986	1,283
Fair Value	$ 9,784	$ 24,717

Investment Securities - Portf_2

Investment Securities - Portfolio of Held-to-Maturity Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 33,219	$ 37,759
Unrealized Gains	285	1
Unrealized Losses	141	786
Fair Value	33,363	36,974
State, county, and municipal securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,659	1,977
Unrealized Gains	4	1
Unrealized Losses	1	10
Fair Value	1,662	1,968
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	31,560	35,782
Unrealized Gains	281	0
Unrealized Losses	140	776
Fair Value	$ 31,701	$ 35,006

Investment Securities - Summary

Investment Securities - Summary of Amortized Cost and Fair Value by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized Cost
Available-for-sale: Due after one year through five years	$ 3,300
Available-for-sale: Due after five years through ten years	13,236
Available-for-sale: Due after ten years	9,132
Amortized Cost	421,482	$ 443,928
Fair Value
Available-for-sale: Due after one year through five years	2,333
Available-for-sale: Due after five years through ten years	13,622
Available-for-sale: Due after ten years	9,604
Fair Value	425,638	437,754
Amortized Cost
Held-to-maturity: Due in one year or less	766
Held-to-maturity: Due after one year through five years	893
Amortized Cost	33,219	37,759
Fair Value
Held-to-maturity: Due in one year or less	767
Held-to-maturity: Due after one year through five years	895
Fair Value	33,363	36,974
Mortgage-backed securities
Amortized Cost
Amortized Cost	395,814	370,706
Fair Value
Fair Value	400,079	365,877
Amortized Cost
Amortized Cost	31,560	35,782
Fair Value
Fair Value	$ 31,701	$ 35,006

Investment Securities - Summa_2

Investment Securities - Summary of Unrealized Losses of Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Securities with losses under 12 months, fair value	$ 604	$ 31,586
Securities with losses under 12 months, gross unrealized loss	986	1,328
Securities with losses over 12 months, fair value	101,623	216,575
Securities with losses over 12 months, gross unrealized loss	700	6,641
Fair Value	102,227	248,161
Unrealized Loss	1,686	7,969
State, county, and municipal securities
Debt Securities, Available-for-sale [Line Items]
Securities with losses under 12 months, fair value		2,573
Securities with losses under 12 months, gross unrealized loss		11
Securities with losses over 12 months, fair value		19,539
Securities with losses over 12 months, gross unrealized loss		754
Fair Value		22,112
Unrealized Loss		765
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Securities with losses under 12 months, fair value	0	25,706
Securities with losses under 12 months, gross unrealized loss	0	34
Securities with losses over 12 months, fair value	101,623	197,036
Securities with losses over 12 months, gross unrealized loss	700	5,887
Fair Value	101,623	222,742
Unrealized Loss	700	5,921
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Securities with losses under 12 months, fair value	604	3,307
Securities with losses under 12 months, gross unrealized loss	986	1,283
Securities with losses over 12 months, fair value	0	0
Securities with losses over 12 months, gross unrealized loss	0	0
Fair Value	604	3,307
Unrealized Loss	$ 986	$ 1,283

Investment Securities - Summa_3

Investment Securities - Summary of Unrealized Losses of Held-to-Maturity Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, less than 12 months, fair value	$ 0	$ 0
Held-to-maturity, less than 12 months, gross unrealized losses	0	0
Held-to-maturity, 12 months or more, fair value	10,563	36,709
Held-to-maturity, 12 months or more, gross unrealized losses	141	786
Held-to-maturity, fair value	10,563	36,709
Held-to-maturity, gross unrealized losses	141	786
State, county, and municipal securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, less than 12 months, fair value	0	0
Held-to-maturity, less than 12 months, gross unrealized losses	0	0
Held-to-maturity, 12 months or more, fair value	470	1,703
Held-to-maturity, 12 months or more, gross unrealized losses	1	10
Held-to-maturity, fair value	470	1,703
Held-to-maturity, gross unrealized losses	1	10
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity, less than 12 months, fair value	0	0
Held-to-maturity, less than 12 months, gross unrealized losses	0	0
Held-to-maturity, 12 months or more, fair value	10,093	35,006
Held-to-maturity, 12 months or more, gross unrealized losses	140	776
Held-to-maturity, fair value	10,093	35,006
Held-to-maturity, gross unrealized losses	$ 140	$ 776

Investment Securities - Narrati

Investment Securities - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)security	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)security	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Investments, Debt and Equity Securities [Abstract]
Securities in an unrealized loss position (number of positions) | security	38		38
Proceeds from sale of securities available-for-sale	$ 56,300	$ 410	$ 56,286	$ 410
Net gains on sales of available-for-sale securities	202	$ 0	575	$ 0
Securities pledged as collateral for public funding	$ 90,600		$ 90,600		$ 162,500

Loans - Components of Loans Rec

Loans - Components of Loans Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Loan portfolio [Abstract]
Loans	$ 880,037	$ 899,785	$ 1,137,255
Allowance for loan and lease losses	(28,129)	(17,430)
Loans, net	851,908	882,355
Commercial, financial and agricultural
Loan portfolio [Abstract]
Loans	226,871	267,340	401,048
Real estate – construction
Loan portfolio [Abstract]
Loans	77,482	87,506	94,679
Real estate – commercial
Loan portfolio [Abstract]
Loans	409,694	368,449	444,277
Real estate – residential
Loan portfolio [Abstract]
Loans	126,043	132,435	145,671
Consumer and other
Loan portfolio [Abstract]
Loans	39,476	43,506	50,888
Lease financing receivable
Loan portfolio [Abstract]
Loans	$ 471	$ 549	$ 692

Loans - Narrative (Details)

Loans - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019USD ($)industry_concentration	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
Financing Receivable, Recorded Investment [Line Items]
Number of industry segment concentration above threshold limit | industry_concentration	1
Concentration risk percentage	10.00%
Loans exposure in oil and gas industry	$ 113,000	$ 113,000
Loans with exposure in commercial real estate	$ 3,000	3,000
TDRs that had a payment default that were modified within the previous 12 months		$ 713	$ 0
Loans and Finance Receivables | Customer Concentration Risk | Manufacturing Industry
Financing Receivable, Recorded Investment [Line Items]
Concentration risk percentage	12.80%

Loans - Roll Forward of Activit

Loans - Roll Forward of Activity In Allowance for Loan Losses (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Allowance for loan losses:
Beginning balance	$ 17,430	$ 26,888
Charge-offs	(1,942)	(1,836)
Recoveries	282	319
Provision	12,359	0
Ending balance	17,430	26,888	$ 28,129	$ 17,430	$ 25,371
Ending balance: individually evaluated for impairment			10,754		6,164
Ending balance: collectively evaluated for impairment			17,375		19,207
Loans:
Ending balance			880,037	899,785	1,137,255
Ending balance: individually evaluated for impairment			21,165		83,427
Ending balance: collectively evaluated for impairment			858,872		1,053,828
Commercial, financial and agricultural
Allowance for loan losses:
Beginning balance	10,633	20,577
Charge-offs	(1,775)	(1,524)
Recoveries	184	276
Provision	11,654	(264)
Ending balance	10,633	20,577	20,696	10,633	19,065
Ending balance: individually evaluated for impairment			10,680		5,968
Ending balance: collectively evaluated for impairment			10,016		13,097
Loans:
Ending balance			226,871	267,340	401,048
Ending balance: individually evaluated for impairment			15,934		55,092
Ending balance: collectively evaluated for impairment			210,937		345,956
Real estate – construction
Allowance for loan losses:
Beginning balance	140	596
Charge-offs	0	(2)
Recoveries	0	0
Provision	402	159
Ending balance	140	596	542	140	753
Ending balance: individually evaluated for impairment			0		94
Ending balance: collectively evaluated for impairment			542		659
Loans:
Ending balance			77,482	87,506	94,679
Ending balance: individually evaluated for impairment			424		192
Ending balance: collectively evaluated for impairment			77,058		94,487
Real estate – commercial
Allowance for loan losses:
Beginning balance	4,913	3,918
Charge-offs	0	(86)
Recoveries	30	6
Provision	557	(105)
Ending balance	4,913	3,918	5,500	4,913	3,733
Ending balance: individually evaluated for impairment			74		76
Ending balance: collectively evaluated for impairment			5,426		3,657
Loans:
Ending balance			409,694	368,449	444,277
Ending balance: individually evaluated for impairment			4,807		26,005
Ending balance: collectively evaluated for impairment			404,887		418,272
Real estate – residential
Allowance for loan losses:
Beginning balance	1,156	837
Charge-offs	0	(3)
Recoveries	1	1
Provision	(215)	64
Ending balance	1,156	837	942	1,156	899
Ending balance: individually evaluated for impairment			0		20
Ending balance: collectively evaluated for impairment			942		879
Loans:
Ending balance			126,043	132,435	145,671
Ending balance: individually evaluated for impairment			0		2,088
Ending balance: collectively evaluated for impairment			126,043		143,583
Consumer and other
Allowance for loan losses:
Beginning balance	585	957
Charge-offs	(167)	(221)
Recoveries	67	36
Provision	(36)	146
Ending balance	585	957	449	585	918
Ending balance: individually evaluated for impairment			0		6
Ending balance: collectively evaluated for impairment			449		912
Loans:
Ending balance			39,476	43,506	50,888
Ending balance: individually evaluated for impairment			0		50
Ending balance: collectively evaluated for impairment			39,476		50,838
Lease financing receivable
Allowance for loan losses:
Beginning balance	3	3
Charge-offs	0	0
Recoveries	0	0
Provision	(3)	0
Ending balance	$ 3	$ 3	0	3	3
Ending balance: individually evaluated for impairment			0		0
Ending balance: collectively evaluated for impairment			0		3
Loans:
Ending balance			471	$ 549	692
Ending balance: individually evaluated for impairment			0		0
Ending balance: collectively evaluated for impairment			$ 471		$ 692

Loans - Age Analysis of Past Du

Loans - Age Analysis of Past Due Loans by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	$ 25,663	$ 7,223
Current	854,374	892,562
Total Loans	880,037	899,785
Loans 90 Days Past Due and Still Accruing	0	0
Commercial, financial and agricultural
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	15,791	3,460
Current	211,080	263,880
Total Loans	226,871	267,340
Loans 90 Days Past Due and Still Accruing	0	0
Real estate – construction
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	4,359	164
Current	73,123	87,342
Total Loans	77,482	87,506
Loans 90 Days Past Due and Still Accruing	0	0
Real estate – commercial
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	3,499	1,206
Current	406,195	367,243
Total Loans	409,694	368,449
Loans 90 Days Past Due and Still Accruing	0	0
Real estate – residential
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	1,798	2,133
Current	124,245	130,302
Total Loans	126,043	132,435
Loans 90 Days Past Due and Still Accruing	0	0
Consumer and other
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	216	260
Current	39,260	43,246
Total Loans	39,476	43,506
Loans 90 Days Past Due and Still Accruing	0	0
Lease financing receivable
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	0	0
Current	471	549
Total Loans	471	549
Loans 90 Days Past Due and Still Accruing	0	0
30-59 Days Past Due
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	7,446	1,738
30-59 Days Past Due | Commercial, financial and agricultural
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	559	385
30-59 Days Past Due | Real estate – construction
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	4,097	47
30-59 Days Past Due | Real estate – commercial
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	2,044	435
30-59 Days Past Due | Real estate – residential
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	617	695
30-59 Days Past Due | Consumer and other
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	129	176
30-59 Days Past Due | Lease financing receivable
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	0	0
60-89 Days Past Due
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	11,639	961
60-89 Days Past Due | Commercial, financial and agricultural
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	11,506	902
60-89 Days Past Due | Real estate – construction
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	0	0
60-89 Days Past Due | Real estate – commercial
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	0	0
60-89 Days Past Due | Real estate – residential
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	73	31
60-89 Days Past Due | Consumer and other
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	60	28
60-89 Days Past Due | Lease financing receivable
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	0	0
Greater than 90 Days Past Due
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	6,578	4,524
Greater than 90 Days Past Due | Commercial, financial and agricultural
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	3,726	2,173
Greater than 90 Days Past Due | Real estate – construction
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	262	117
Greater than 90 Days Past Due | Real estate – commercial
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	1,455	771
Greater than 90 Days Past Due | Real estate – residential
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	1,108	1,407
Greater than 90 Days Past Due | Consumer and other
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	27	56
Greater than 90 Days Past Due | Lease financing receivable
Age Analysis of Past Due Loans by Class of Loans [Abstract]
Total Past Due	$ 0	$ 0

Loans - Schedule of Loans on No

Loans - Schedule of Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	$ 23,287	$ 8,920
Commercial, financial and agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	15,630	3,599
Real estate – construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	468	278
Real estate – commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	4,854	2,977
Real estate – residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	2,308	2,008
Consumer and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans on nonaccrual status	$ 27	$ 58

Loans - Schedule of Loans Evalu

Loans - Schedule of Loans Evaluated for Impairment (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
With no related allowance recorded:
Recorded Investment	$ 8,689		$ 6,436
Unpaid Principal Balance	11,537		6,523
With an allowance recorded:
Recorded Investment	12,476		1,156
Unpaid Principal Balance	12,619		1,156
Related Allowance	10,754		474
Total impaired loans
Recorded Investment	21,165		7,592
Unpaid Principal Balance	24,156		7,679
Related Allowance	10,754		474
Average Recorded Investment	23,973	$ 66,984
Interest Income Recognized During Impairment	0	18
Troubled debt restructuring included in recorded investment of impaired loans	1,600		1,300
Commercial, financial and agricultural
With no related allowance recorded:
Recorded Investment	3,589		2,924
Unpaid Principal Balance	5,278		3,011
With an allowance recorded:
Recorded Investment	12,345		1,025
Unpaid Principal Balance	12,488		1,025
Related Allowance	10,680		470
Total impaired loans
Related Allowance	10,680		470
Average Recorded Investment	16,396	46,935
Interest Income Recognized During Impairment	0	18
Real estate – construction
With no related allowance recorded:
Recorded Investment	424		117
Unpaid Principal Balance	424		117
With an allowance recorded:
Recorded Investment	0		131
Unpaid Principal Balance	0		131
Related Allowance	0		4
Total impaired loans
Related Allowance	0		4
Average Recorded Investment	451	129
Interest Income Recognized During Impairment	0	0
Real estate – commercial
With no related allowance recorded:
Recorded Investment	4,676		3,395
Unpaid Principal Balance	5,835		3,395
With an allowance recorded:
Recorded Investment	131		0
Unpaid Principal Balance	131		0
Related Allowance	74		0
Total impaired loans
Related Allowance	74		0
Average Recorded Investment	7,126	18,567
Interest Income Recognized During Impairment	0	0
Real estate – residential
With no related allowance recorded:
Recorded Investment	0		0
Unpaid Principal Balance	0
With an allowance recorded:
Recorded Investment	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Total impaired loans
Related Allowance	0		0
Average Recorded Investment	0	1,353
Interest Income Recognized During Impairment	0	0
Consumer and other
With no related allowance recorded:
Recorded Investment	0		0
Unpaid Principal Balance	0		0
With an allowance recorded:
Recorded Investment	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Total impaired loans
Related Allowance	0		$ 0
Average Recorded Investment	0	0
Interest Income Recognized During Impairment	$ 0	$ 0

Loans - Credit Quality Indicato

Loans - Credit Quality Indicators by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	$ 880,037	$ 899,785	$ 1,137,255
Commercial, financial and agricultural
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	226,871	267,340	401,048
Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	77,482	87,506	94,679
Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	409,694	368,449	444,277
Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	126,043	132,435	145,671
Consumer and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	39,476	43,506	50,888
Lease financing receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	471	549	$ 692
Pass
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	789,043	822,634
Pass | Commercial, financial and agricultural
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	194,672	240,232
Pass | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	70,963	83,240
Pass | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	366,939	329,213
Pass | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	116,599	125,984
Pass | Consumer and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	39,399	43,416
Pass | Lease financing receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	471	549
Special Mention
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	35,325	49,604
Special Mention | Commercial, financial and agricultural
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	10,727	20,259
Special Mention | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	1,463	3,910
Special Mention | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	21,554	23,475
Special Mention | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	1,581	1,955
Special Mention | Consumer and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	0	5
Special Mention | Lease financing receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	0	0
Substandard
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	54,960	27,547
Substandard | Commercial, financial and agricultural
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	21,472	6,849
Substandard | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	5,047	356
Substandard | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	21,201	15,761
Substandard | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	7,176	4,496
Substandard | Consumer and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	64	85
Substandard | Lease financing receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	0	0
Doubtful
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	709	0
Doubtful | Commercial, financial and agricultural
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	0	0
Doubtful | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	9	0
Doubtful | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	0	0
Doubtful | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	687	0
Doubtful | Consumer and other
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	13	0
Doubtful | Lease financing receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	$ 0	$ 0

Loans - Schedule of Modified Tr

Loans - Schedule of Modified Troubled Debt Restructurings During the Period (Details) - Commercial, financial and agricultural $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)contract	Jun. 30, 2018USD ($)contract	Jun. 30, 2019USD ($)contract	Jun. 30, 2018USD ($)contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | contract	0	0	3	0
Pre-modification recorded investment | $	$ 0	$ 0	$ 1,983	$ 0

Derivatives (Details)

Derivatives (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Jul. 06, 2016
Designated as hedging instrument | Cash flow hedging | Interest rate swaps, repurchase agreements
Derivative [Line Items]
Notional amount				$ 12,500,000
Pay fixed rate	0.993%	0.993%
Designated as hedging instrument | Cash flow hedging | Interest rate swaps, FHLB advances
Derivative [Line Items]
Notional amount				$ 15,000,000
Pay fixed rate	1.043%	1.043%
Designated as hedging instrument | Cash flow hedging | Interest rate swaps
Derivative [Line Items]
Derivative asset fair value	$ 381,000	$ 381,000	$ 1,100,000
Interest expense | Interest rate swaps
Derivative [Line Items]
Interest expense	$ 2,000	$ 4,000

Leases - Narrative (Details)

Leases - Narrative (Details)	6 Months Ended
	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Extension option term	5 years
Option to terminate, period	1 year
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	40 years

Leases - Net Lease Cost and Oth

Leases - Net Lease Cost and Other Selected Information (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2019USD ($)
Net lease cost:
Operating lease cost	$ 466	$ 932
Variable lease cost	(43)	(89)
Sub lease income	(44)	(88)
Net lease cost	$ 379	$ 755
Weighted average remaining lease term	14 years	14 years
Weighted average discount rate	3.40%	3.40%

Leases - Maturities of Lease Li

Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Lease Payments
2019	$ 908
2020	1,820
2021	1,364
2022	554
2023	378
Thereafter	5,248
Total	10,272
Undiscounted Cash Flow
2019	126
2020	210
2021	158
2022	134
2023	124
Thereafter	1,704
Total	2,456
Lease Liability
2019	782
2020	1,610
2021	1,206
2022	420
2023	254
Thereafter	3,544
Total	$ 7,816	$ 0

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) - Summary of the Tax Effects (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income (loss), before tax	$ 3,803	$ (784)	$ 9,645	$ (4,522)
Total other comprehensive (loss) income, tax effect	0	165	0	950
Total other comprehensive income (loss), net of tax	3,803	(619)	9,645	(3,572)
Securities available-for-sale:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in unrealized gains/losses during period, before tax	4,428	(873)	10,905	(4,922)
Change in unrealized gains/losses during period, tax effect	0	184	0	1,034
Change in unrealized gains/losses during period, net of tax	4,428	(689)	10,905	(3,888)
Reclassification adjustment for gains included in net income, before tax	(202)	0	(575)	0
Reclassification adjustment for gains included in net income, tax effect	0	0	0	0
Reclassification adjustment for gains included in net income, net of tax	(202)	0	(575)	0
Derivative instruments designated as cash flow hedges:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in unrealized gains/losses during period, before tax	(423)	89	(685)	400
Change in unrealized gains/losses during period, tax effect	0	(19)	0	(84)
Change in unrealized gains/losses during period, net of tax	(423)	$ 70	(685)	$ 316
Total other comprehensive income (loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income (loss), net of tax	$ 3,803		$ 9,645

Other Comprehensive Income (L_4

Other Comprehensive Income (Loss) - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain on sale of securities, net	$ 202	$ 0	$ 575	$ 0
Tax expense	0	(237)	0	(271)
Interest expense	2,031	1,814	4,093	3,441
Net of tax	(2,903)	(669)	(8,733)	(308)
Unrealized gains and losses on securities available-for-sale: | Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain on sale of securities, net	202	0	575	0
Tax expense	0	0	0	0
Net of tax	202	0	575	0
Gains on derivative instruments: | Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax expense	0	13	0	21
Interest expense	423	(63)	685	(102)
Net of tax	$ 423	$ (50)	$ 685	$ (81)

Loss Per Common Share (Details)

Loss Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net loss	$ (2,903)	$ (669)	$ (8,733)	$ (308)
Dividends on preferred stock	810	810	1,620	1,620
Adjusted net loss available to common shareholders	$ (3,713)	$ (1,479)	$ (10,353)	$ (1,928)
Weighted average number of common shares outstanding used in computation of basic loss per common share (in shares)	16,724	16,526	16,699	16,511
Effect of dilutive securities:
Stock options (in shares)	0	3	0	3
Weighted average number of common shares outstanding plus effect of dilutive securities - used in computation of diluted loss per share (in shares)	16,724	16,529	16,699	16,514
Net loss per common share:
Basic (in dollars per share)	$ (0.22)	$ (0.09)	$ (0.62)	$ (0.12)
Diluted (in dollars per share)	$ (0.22)	$ (0.09)	$ (0.62)	$ (0.12)

Fair Value Measurement - Recurr

Fair Value Measurement - Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	$ 425,638	$ 437,754
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	669	1,067
Total assets at fair value	426,307	438,821
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Total assets at fair value	0	0
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	669	1,067
Total assets at fair value	426,307	438,821
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Total assets at fair value	0	0
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	4,307	3,086
Loans held for sale	10,304	23,876
Other real estate	387	1,067
Assets held for sale	1,024	1,024
Total assets at fair value	16,022	29,053
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Loans held for sale	0	0
Other real estate	0	0
Assets held for sale	0	0
Total assets at fair value	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Loans held for sale	10,304	23,876
Other real estate	0	0
Assets held for sale	1,024	1,024
Total assets at fair value	11,328	24,900
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	4,307	3,086
Loans held for sale	0	0
Other real estate	387	1,067
Assets held for sale	0	0
Total assets at fair value	4,694	4,153
U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	3,042	3,072
U.S. Government agencies | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale		3,072
U.S. Government agencies | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
U.S. Government agencies | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	3,042	3,072
U.S. Government agencies | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
State, county, and municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	12,733	44,088
State, county, and municipal securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale		44,088
State, county, and municipal securities | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
State, county, and municipal securities | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	12,733	44,088
State, county, and municipal securities | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	400,079	365,877
Mortgage-backed securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale		365,877
Mortgage-backed securities | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Mortgage-backed securities | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	400,079	365,877
Mortgage-backed securities | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,784	24,717
Corporate debt securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale		24,717
Corporate debt securities | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
Corporate debt securities | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,784	24,717
Corporate debt securities | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	$ 0	$ 0

Fair Value Measurement - Schedu

Fair Value Measurement - Schedule of Significant Observable Inputs Used in Fair Value Measurement of Level 3 Assets (Details) - Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 4,307	$ 3,086
Other real estate	387	1,067
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	4,307	3,086
Other real estate	387	1,067
Third party appraisals | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	4,307	3,086
Other real estate	$ 387	$ 1,067

Fair Value Measurement - Sche_2

Fair Value Measurement - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial assets:
Securities available-for-sale	$ 425,638	$ 437,754
Securities held-to-maturity	33,363	36,974
Carrying Value
Financial assets:
Cash and cash equivalents	243,430	205,371
Securities available-for-sale	425,638	437,754
Securities held-to-maturity	33,219	37,759
Loans, net	851,908	882,355
Derivative assets	669	1,067
Cash surrender value of life insurance	15,248	15,135
Financial liabilities:
Non-interest-bearing deposits	399,619	383,167
Interest-bearing deposits	1,023,770	1,068,904
Securities sold under agreements to repurchase	7,816	11,220
FHLB borrowings	27,500	27,500
Other borrowings	22,167	22,167
Fair Value | Level 1
Financial assets:
Cash and cash equivalents	243,430	205,371
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Loans, net	0	0
Derivative assets	0	0
Cash surrender value of life insurance	0	0
Financial liabilities:
Non-interest-bearing deposits	0	0
Interest-bearing deposits	0	0
Securities sold under agreements to repurchase	7,816	11,220
FHLB borrowings	0	0
Other borrowings	0	0
Fair Value | Level 2
Financial assets:
Cash and cash equivalents	0	0
Securities available-for-sale	425,638	437,754
Securities held-to-maturity	33,363	36,974
Loans, net	0	0
Derivative assets	669	1,067
Cash surrender value of life insurance	15,248	15,135
Financial liabilities:
Non-interest-bearing deposits	399,619	383,167
Interest-bearing deposits	847,109	888,806
Securities sold under agreements to repurchase	0	0
FHLB borrowings	27,500	27,500
Other borrowings	22,167	22,167
Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Loans, net	862,519	885,054
Derivative assets	0	0
Cash surrender value of life insurance	0	0
Financial liabilities:
Non-interest-bearing deposits	0	0
Interest-bearing deposits	178,554	177,794
Securities sold under agreements to repurchase	0	0
FHLB borrowings	0	0
Other borrowings	$ 0	$ 0

Uncategorized Items - msl-20190

Label	Element	Value
AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 31,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	31,000
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(31,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (31,000)