Severn Bancorp (SVBI) 10-K 18 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 18, 2019	Jun. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	SEVERN BANCORP INC
Entity Central Index Key	0000868271
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Public Float			$ 76,329,373
Entity Common Stock, Shares Outstanding		12,775,087
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 2,880	$ 2,382
Federal funds sold and interest-bearing deposits in other banks	185,460	19,471
Cash and cash equivalents	188,340	21,853
Certificates of deposit held for investment	8,780	8,780
Securities available for sale, at fair value	11,978	10,119
Securities held to maturity (fair value of $38,212 and $54,004 at December 31, 2018 and 2017, respectively)	38,912	54,303
Mortgage loans held for sale, at fair value	9,686	4,530
Loans receivable	682,349	668,151
Allowance for loan losses	(8,044)	(8,055)
Loans, net	674,305	660,096
Real estate acquired through foreclosure	1,537	403
Restricted stock investments	3,766	4,489
Premises and equipment, net	22,745	23,139
Accrued interest receivable	2,848	2,640
Deferred income taxes	2,363	5,302
Bank owned life insurance	5,225	5,064
Goodwill	1,104	1,099
Other assets	2,644	2,970
Total assets	974,233	804,787
Deposits:
Noninterest bearing	146,604	72,833
Interest-bearing	632,902	529,395
Total deposits	779,506	602,228
Long-term borrowings	73,500	88,500
Subordinated debentures	20,619	20,619
Accrued expenses and other liabilities	2,155	2,340
Total liabilities	875,780	713,687
Stockholders' Equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized: Preferred stock series ''A,'' 437,500 shares issued and outstanding and $3,500 liquidation preference at December 31, 2017		4
Common stock, $0.01 par value, 20,000,000 shares authorized; 12,759,576 and 12,233,424 shares issued and outstanding at December 31, 2018 and 2017, respectively	128	122
Additional paid-in capital	65,538	65,137
Retained earnings	32,860	25,872
Accumulated other comprehensive loss	(73)	(35)
Total stockholders' equity	98,453	91,100
Total liabilities and stockholders' equity	$ 974,233	$ 804,787

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Securities held to maturity fair value	$ 38,212	$ 54,004
Stockholders' Equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	12,759,576	12,233,424
Common stock, shares outstanding (in shares)	12,759,576	12,233,424
Series A Preferred Stock [Member]
Stockholders' Equity:
Preferred stock, shares issued (in shares)		437,500
Preferred stock, shares outstanding (in shares)		437,500
Preferred stock, liquidation preference		$ 3,500

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Interest income:
Loans	$ 34,877	$ 30,294
Securities	1,196	1,233
Other earning assets	1,587	697
Total interest income	37,660	32,224
Interest expense:
Deposits	5,688	4,037
Borrowings and subordinated debentures	2,915	3,593
Total interest expense	8,603	7,630
Net interest income	29,057	24,594
Reversal of provision for loan losses	(300)	(650)
Net interest income after reversal of provision for loan losses	29,357	25,244
Noninterest income:
Mortgage-banking revenue	2,561	1,507
Real estate commissions	1,707	1,358
Real estate management fees	674	675
Credit report and appraisal fees	351	464
Deposit service charges	1,552	538
Loan fee income	410	292
Title company revenue	1,045	219
Other noninterest income	480	185
Total noninterest income	8,780	5,238
Noninterest expense:
Compensation and related expenses	17,819	14,734
Occupancy	1,555	1,358
Legal fees	149	143
Write-downs, losses, and costs of real estate acquired through foreclosure, net of gains	83	132
Federal Deposit Insurance Corporation insurance premiums	229	115
Professional fees	498	462
Advertising	1,021	788
Data processing	1,098	907
Credit report and appraisal fees	536	594
Licensing and software	596	423
Mortgage leads purchased		235
Other noninterest expense	3,007	2,751
Total noninterest expense	26,591	22,642
Net income before income tax provision	11,546	7,840
Income tax provision	2,977	5,022
Net income	8,569	2,818
Dividends on preferred stock	(70)	(280)
Net income available to common stockholders	$ 8,499	$ 2,538
Net income per common share - basic (in dollars per share)	$ 0.68	$ 0.21
Net income per common share - diluted (in dollars per share)	$ 0.67	$ 0.21

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 8,569	$ 2,818
Other comprehensive loss items:
Unrealized holding losses on available-for-sale securities arising during the period (net of tax benefit of $14 and $21)	(38)	(34)
Realized gains (net of tax expense of $0 and $1)		(1)
Total other comprehensive loss	(38)	(35)
Total comprehensive income	$ 8,531	$ 2,783

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other comprehensive loss items:
Unrealized holding losses on available-for-sale securities arising during the period, income taxes	$ 14	$ 21
Realized gains, income taxes	$ 0	$ 1

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Comprehensive (Loss) Income [Member]	Total
Beginning balance at Dec. 31, 2016	$ 4	$ 121	$ 64,471	$ 23,334		$ 87,930
Balance (in shares) at Dec. 31, 2016	437,500	12,123,179
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				2,818		2,818
Stock-based compensation			205			205
Stock issued in purchase transaction		$ 1	774			775
Stock issued in purchase transaction (in shares)		108,084
Dividend declared				(280)		(280)
Exercise of stock options			207			$ 207
Exercise of stock options (in shares)		2,161				2,411
Repurchase of warrant			(520)			$ (520)
Other comprehensive loss					$ (35)	(35)
Ending balance at Dec. 31, 2017	$ 4	$ 122	65,137	25,872	(35)	91,100
Balance (in shares) at Dec. 31, 2017	437,500	12,233,424
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				8,569		8,569
Stock-based compensation			218			218
Redemption of preferred stock	$ (4)	$ 4
Redemption of preferred stock (in shares)	(437,500)	437,500
Dividend declared				(70)		(70)
Dividends paid on common stock				(1,511)		(1,511)
Exercise of stock options		$ 2	372			$ 374
Exercise of stock options (in shares)		88,652				88,652
Other			(189)			$ (189)
Other comprehensive loss					(38)	(38)
Ending balance at Dec. 31, 2018		$ 128	$ 65,538	$ 32,860	$ (73)	$ 98,453
Balance (in shares) at Dec. 31, 2018		12,759,576

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2018$ / shares
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
Dividend paid on common stock	$ 0.12

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net income	$ 8,569,000	$ 2,818,000
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	1,312,000	1,234,000
Amortization of deferred loan fees	(1,835,000)	(1,215,000)
Net accretion (amortization) of premiums and discounts	219,000	(189,000)
Reversal of provision for loan losses	(300,000)	(650,000)
Write-downs and losses on real estate acquired through foreclosure, net of gains	61,000	103,000
Gain on sale of mortgage loans	(2,561,000)	(1,507,000)
Gain on sale of securities		(2,000)
Write off of restricted stock	100,000
Proceeds from sale of mortgage loans held for sale	98,224,000	67,396,000
Originations of mortgage loans held for sale	(100,819,000)	(60,772,000)
Stock-based compensation	218,000	205,000
Increase in cash surrender value of bank-owned life insurance	(161,000)	(64,000)
Deferred income taxes	2,952,000	4,794,000
Increase in accrued interest receivable	(208,000)	(391,000)
Decrease in other assets	132,000	246,000
Decrease in accrued expenses and other liabilities	(186,000)	(1,125,000)
Net cash provided by operating activities	5,717,000	10,881,000
Cash flows from investing activities:
Purchase of certificates of deposit held for investment		(8,680,000)
Loan principal (disbursements), net of repayments	(13,440,000)	(56,497,000)
Repurchases of loans orginated for sale		(469,000)
Redemption of restricted stock investments	623,000	614,000
Purchases of premises and equipment, net	(918,000)	(342,000)
Purchase of bank owned life insurance		(5,000,000)
Activity in securities held to maturity:
Purchases		(6,464,000)
Maturities/calls/repayments	15,263,000	14,937,000
Activity in available-for-sale securities:
Purchases	(2,000,000)	(14,000,000)
Sales		4,000,000
Proceeds from sales of real estate acquired through foreclosure	171,000	1,170,000
Net cash provided by (used in) investing activities	(301,000)	(70,731,000)
Cash flows from financing activities:
Net increase in deposits	177,278,000	30,282,000
Additional long-term borrowings	46,500,000	59,950,000
Repayments of long-term borrowings	(61,500,000)	(74,950,000)
Repurchase of warrant		(520,000)
Common stock dividends	(1,511,000)
Preferred stock dividends	(70,000)	(280,000)
Exercise of stock options	374,000	207,000
Net cash provided by financing activities	161,071,000	14,689,000
Increase (decrease) in cash and cash equivalents	166,487,000	(45,161,000)
Cash and cash equivalents at beginning of period	21,853,000	67,014,000
Cash and cash equivalents at end of period	188,340,000	21,853,000
Supplemental Information:
Interest paid on deposits and borrowed funds	8,578,000	7,773,000
Income taxes paid	103,000	92,000
Real estate acquired in satisfaction of loans	1,366,000	703,000
Transfers of loans held for sale to portfolio		$ 660,000
Common stock issued upon conversion of preferred stock	4,000
Preferred stock converted to common stock	$ (4,000)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 - Summary of Significant Accounting Policies Basis of Presentation The accounting and reporting policies of Severn Bancorp, Inc. and subsidiaries (the “Company”) conform to accounting principles generally accepted in the United States of America (“U.S.”) (“GAAP”). Events occurring after the date of the financial statements up to April 17 , 2019, the date the financial statements were available to be issued, were considered in the preparation of the consolidated financial statements. Principles of Consolidation The consolidated financial statements include the accounts of Severn Bancorp, Inc., and its wholly-owned subsidiaries, Mid-Maryland Title Company, Inc. (the “Title Company”), SBI Mortgage Company and SBI Mortgage Company’s subsidiary, Crownsville Development Corporation, and its subsidiary, Crownsville Holdings I, LLC, and Severn Savings Bank, FSB (the “Bank”), and the Bank’s subsidiaries, Louis Hyatt, Inc., Homeowners Title and Escrow Corporation, Severn Financial Services Corporation, SSB Realty Holdings, LLC, SSB Realty Holdings II, LLC, and HS West, LLC. All intercompany accounts and transactions have been eliminated in the accompanying consolidated financial statements. Business We provide financial services to customers primarily within the Anne Arundel County region of Maryland. A portion of activities related to mortgage lending are more dispersed and cover other parts of Maryland and the Mid-Atlantic region. We serve local consumers, small and medium sized businesses, professionals, and other customers by offering a broad range of financial products and services, including Internet and mobile banking, commercial banking, cash management, mortgage lending, and retail banking. We fund a variety of loan types including commercial and residential real estate loans, commercial term loans and lines and letters of credit, and consumer loans. We do not have any concentrations to any one industry or customer. However, our customers’ ability to repay loan agreements is dependent on the real estate and general economic conditions of the market area. We have no reportable segments. Management does not separately allocate expenses, including the cost of funding loan demand, between any of the various operations of the Company. As such, discrete financial information is not available and segment reporting would not be meaningful. Acquisition On September 1, 2017, we acquired the Title Company by issuing common stock in a business combination. We issued 108,084 shares in the transaction valued at $775,000. We recorded $770,000 in goodwill in the transaction. The acquisition continues our growth strategy and focus on being a full-service provider and complements the mortgage services, commercial banking services, and commercial real estate services we provide. Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported amounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for loan losses and the related allowance for loan losses (“Allowance”), determination of impaired loans and the related measurement of impairment, valuation of investment securities, valuation of real estate acquired through foreclosure, valuation of share-based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, and the calculation of current and deferred income taxes and the realizability of deferred tax assets. Change in Accounting Estimate During the fourth quarter of 2018, the Bank changed its metholdology for estimating the adequacy of the Allowance. The change in accounting estimate was due to the Bank identifying certain loss factors which allowed the us to anchor the qualitative loss factor adjustments back to our loss history. This change in estimate did not have any impact on the current period provision for loan losses, rather, it resulted in re-allocation of existing Allowances between loan classifications. Cash and Cash Equivalents We consider all highly liquid securities with original maturities of three months or less to be cash equivalents. For reporting purposes, assets grouped in the Consolidated Statements of Financial Condition under the captions “Cash and due from banks” and “Federal funds sold and interest‑bearing deposits in other banks” are considered cash or cash equivalents. For financial statement purposes, these assets are carried at cost. Federal funds sold and interest-bearing deposits in other banks generally have overnight maturities and are in excess of amounts that would be recoverable under Federal Deposit Insurance Corporation (“FDIC”) insurance. Significant Accounting Policies Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers , effective January 1, 2018, establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The majority of our revenue-generating transactions are not subject to ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage-banking and mortgage servicing activities. Our revenue-generating activities that are within the scope of ASC 606, which are presented in our income statements as components of noninterest income, are service charges on deposit accounts, real estate commissions, real estate management fees, and title company revenue. Service Charges on Deposit Accounts Service charges on deposit accounts represent general service fees for monthly account maintenance and activity - or transaction-based fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed (such as a wire transfer). Payment for such performance obligations are generally received at the time the performance obligations are satisfied. Real Estate Commissions Real Estate Commissions represent commissions received on properties sold. Revenue is recognized when our performance obligation is completed, which is generally the time the property is sold and payment has been received. Real Estate Management Fees Real Estate Management Fees represent monthly fees received on property maintenance and management. We perform daily services for these fees and bill for those services on a monthly basis. We have determined that each day of the performance of the services represents a distinct service. The overall service of property management each day is substantially the same and has the same pattern of transfer (daily) over the term of the contract. Further, each distinct day of service represents a performance obligation that would be satisfied over time (over the length of the contract, not at a point in time) and has the same measure of progress (elapsed time). Management has therefore determined that property management services are a single performance obligation composed of a series of distinct services. In performing the daily management activities, the customer is simultaneously receiving and consuming the benefits provided by our performance of the contract. Revenue is earned evenly and daily over the life of the contract. For purposes of expedience, we record the fees when monthly invoices are processed. Each month contains 1/12 of the contract revenue. Title Company Revenue Title Company Revenue consists of revenue earned on performing title work for real estate transactions. The revenue is earned when the title work is performed. Payment for such performance obligations generally occurs at the time of the settlement of a real estate transaction. As such settlement is generally within 90 days of the performance of the title work, we recognize the revenue at the time of the settlement. All contract acquisition costs are expensed as incurred. We had no contract assets or liabilities at December 31, 2018. Securities We designate securities into one of three categories at the time of purchase. Debt securities that we have the intent and ability to hold to maturity are classified as held to maturity (“HTM”) and recorded at amortized cost. Debt securities are classified as trading if bought and held principally for the purpose of sale in the near term. Trading securities are reported at estimated fair value, with unrealized gains and losses included in earnings. Debt securities not classified as HTM securities or trading securities are considered available for sale (“AFS”) and are reported at estimated fair value, with unrealized gains and losses reported as a separate component of stockholders’ equity, net of tax effects, in accumulated other comprehensive loss. AFS and HTM securities are evaluated periodically to determine whether a decline in their value is other than temporary. The term “other than temporary” is not intended to indicate a permanent decline in value. Rather, it means that the prospects for near-term recovery of value are not necessarily favorable, or that there is a lack of evidence to support fair values equal to, or greater than, the carrying value of the security. The initial indications of other-than-temporary impairment (“OTTI”) for debt securities are a decline in the market value below the amount recorded for a security and the severity and duration of the decline. In determining whether an impairment is other than temporary, we consider the length of time and the extent to which the market value has been below cost, recent events specific to the issuer, including investment downgrades by rating agencies and economic conditions of its industry, our intent to sell the security, and if it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. We also consider the cause of the price decline (general level of interest rates and industry- and issuer-specific factors), the issuer’s financial condition, near-term prospects and current ability to make future payments in a timely manner, the issuer’s ability to service debt, and any change in agencies’ ratings at evaluation date from acquisition date and any likely imminent action. Once a decline in value is determined to be other than temporary, the security is segmented into credit- and noncredit-related components. Any impairment adjustment due to identified credit-related components is recorded as an adjustment to current period earnings, while noncredit-related fair value adjustments are recorded through accumulated other comprehensive loss. In situations where we intend to sell or it is more likely than not that we will be required to sell the security, the entire OTTI loss is recognized in earnings. Loans Held for Sale (“LHFS”) Mortgage loans originated for sale are carried at fair value. Fair value is determined based on outstanding investor commitments or, in the absence of such commitments, on current investor yield requirements or third-party pricing models. Gains and losses on loan sales are determined using the specific-identification method and are recognized through mortgage-banking revenue in the Consolidated Statement of Operations. LHFS are sold either with the mortgage servicing rights (“MSRs”) released or retained by the Bank. Loans Receivable Our loans receivable are stated at their principal balance outstanding, net of related deferred fees and costs. Residential lending is generally considered to involve less risk than other forms of lending, although payment experience on these loans is dependent to some extent on economic and market conditions in the Bank’s lending area. Multifamily residential, commercial, construction, and other loan repayments are generally dependent on the operations of the related properties or the financial condition of the borrower or guarantor. Accordingly, repayment of such loans can be more susceptible to adverse conditions in the real estate market and the regional economy. A substantial portion of the Bank’s loans receivable consists of mortgage loans secured by residential and commercial real estate properties located in the State of Maryland. Loans are extended only after evaluation by management of customers’ creditworthiness and other relevant factors on a case-by-case basis. The Bank generally does not lend more than 80% of the appraised value of a property and requires private mortgage insurance on residential mortgages with loan-to-value (“LTV”) ratios in excess of 80%. In addition, the Bank generally obtains personal guarantees of repayment from borrowers and/or others for construction, commercial, and multifamily residential loans and disburses the proceeds of construction and similar loans only as work progresses on the related projects. Income recognition Interest income on loans is accrued at the contractual rate based on the outstanding principal balance. Loan origination fees and certain direct loan origination costs are deferred and amortized as a yield adjustment over the contractual loan term or until the date of sale or disposition. Accrual of interest is discontinued when its receipt is in doubt, which typically occurs when a loan becomes impaired. Any interest accrued to income in the year when interest accruals are discontinued is generally reversed. Management may elect to continue the accrual of interest when a loan is in the process of collection and the estimated fair value of the collateral is sufficient to satisfy the principal balance and accrued interest. See additional information on nonaccrual interest and loan impairment later in this section. Fees and costs Origination and commitment fees and direct origination costs on loans held for investment generally are deferred and amortized to income over the contractual lives of the related loans using the interest method. Under certain circumstances, commitment fees are recognized over the commitment period or upon expiration of the commitment. Fees to extend loans three months or less are recognized in income upon receipt. Unamortized loan fees are recognized in income when the related loans are sold or prepaid. Transfers of LHFS In accordance with Financial Accounting Standards Board (“FASB”) guidance on mortgage-banking activities, any loans which are originally originated for sale into the secondary market and which we subsequently elect to transfer into the Company’s loan portfolio are valued at lower of cost or market value (“LCM”) at the time of the transfer with any decline in value recorded as a charge against mortgage-banking revenue. Troubled Debt Restructured Loans (“TDR” or “TDRs”) We strive to identify borrowers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches nonaccrual status. In situations where, for economic or legal reasons related to a borrower’s financial difficulties, we may grant a concession for other than an insignificant period of time to the borrower that would not otherwise be considered, the related now-modified loan is classified as a TDR. These modified terms may include rate reductions, principal forgiveness, payment extensions, payment forbearance, and/or other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. These loans are excluded from pooled loss forecasts and a separate reserve is provided under the accounting guidance for loan impairment. At the time that a loan is modified, we evaluate any possible impairment based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, except when the sole remaining source of repayment for the loan is the liquidation of the collateral. In these cases, we use the current fair value of the collateral, less selling costs, instead of discounted cash flows. Any impairment amount is then set up as an allocated portion of the Allowance. Loan Impairment A loan is considered impaired if it meets any of the following three criteria: · Loans that are 90 days or more in arrears (nonaccrual loans); · Loans where, based on current information and events, it is probable that a borrower will be unable to pay all amounts due according to the contractual terms of the loan agreement; or · Loans that are modified and qualify as TDRs. If a loan is considered to be impaired, it is then determined to be either cash flow or collateral dependent for purposes of measuring an apprpopriate Allowance (see Allowance discussion below). Nonaccrual Interest The accrual of interest on loans is discontinued at the time the loan is 90 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed in nonaccrual status or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed in nonaccrual status or charged off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, generally after six months of consecutive current payments and an updated analysis of the borrower’s ability to service the loan. Our policy for recording payments received on nonaccrual loans is to record the payment towards principal and interest on a cash basis until such time as the loan is returned to accrual status. Loans that experience insignificant payment delays and payment shortfalls generally are not placed in nonaccrual status or classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Allowance for Loan Losses The Allowance is maintained at an amount that management believes will be adequate to absorb losses on existing loans that may become uncollectible, based on evaluations of the collectability of loans and prior loan loss experience. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions that may affect the borrowers’ ability to pay. Determining the amount of the Allowance requires the use of estimates and assumptions. Actual results could differ significantly from those estimates. Future additions or reductions in the Allowance may be necessary based on changes in economic conditions, particularly in Anne Arundel County and the State of Maryland. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Bank’s Allowance. Such agencies may require the Bank to recognize additions to the Allowance based on their judgment about information available to them at the time of their examination. The Allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. When a real estate secured loan becomes impaired, a decision is made as to whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the LTV ratio based on the original appraisal, and the condition of the property. Appraised values are discounted, if appropriate, to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For loans secured by collateral other than real estate, such as accounts receivable, inventory, and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging, or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. For such loans that are classified as impaired, an Allowance is established when the current fair value of the underlying collateral less its estimated disposal costs has not been finalized, but management determines that it is likely that the value is lower than the carrying value of that loan. Once the net collateral value has been determined, a charge off is taken for the difference between the net collateral value and the carrying value of the loan. For loans that are not solely collateral dependent, an Allowance is established when the present value of the expected future cash flows of the impaired loan is lower than the carrying value of the loan. The general component relates to loans that are classified as doubtful, substandard, or special mention that are not considered impaired, as well as nonclassified loans. The general reserve is based on historical loss experience adjusted for qualitative factors. These qualitative factors include, but are not limited to: · Levels and trends in delinquencies and nonaccruals; · Inherent risk in the loan portfolio; · Trends in volume and terms of the loan; · Effects of any change in lending policies and procedures; · Experience, ability, and depth of management; · National and local economic trends and conditions; · Effect of any changes in concentration of credit; and · Industry conditions. We assign risk ratings to the loans in our portfolio. These credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful, and loss. Loans classified special mention have potential weaknesses that warrant management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the Allowance. Loans not classified are rated pass. With respect to all loan segments, we do not charge off a loan, or a portion of a loan, until one of the following conditions have been met: · The property collateralizing the loan has been foreclosed upon. At the time of foreclosure, a charge-off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral; · An agreement to accept less than the recorded balance of the loan has been made with the borrower. Once an agreement has been finalized and any proceeds from the borrower are received, a charge-off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral; or · The collateral valuation on a collateral dependent impaired loan is less than the recorded balance. The loan is charged off for accounting purposes by the amount of the difference between the recorded balance and collateral value. Real Estate Acquired Through Foreclosure Real estate acquired through or in the process of foreclosure is recorded at fair value less estimated disposal costs. Management periodically evaluates the recoverability of the carrying value of the real estate acquired through foreclosure using estimates as described under “Allowance for Loan Losses” above. In the event of a subsequent change in fair value, the carrying amount is adjusted to the lesser of the new fair value, less disposal costs, or the carrying value recorded at acquisition. The amount of the change is charged or credited to noninterest expense. Expenses on real estate acquired through foreclosure incurred prior to the disposition of the property, such as maintenance, insurance and taxes, and physical security, are charged to expense. Material expenses that improve the property to its best use are capitalized to the property. If a foreclosed property is sold for more or less than the carrying value, a gain or loss is recognized upon the sale of the property. Restricted Stock Investments Our restricted stock investments include stock of the Federal Home Loan Bank of Atlanta (the “FHLB”) and capital stock of a bankers’ bank. Our investment in the FHLB stock is an equity interest in the FHLB, which does not have a readily determinable fair value for purposes of GAAP because its ownership is restricted and it lacks a market. FHLB stock can be sold back only at par value of $100 per share and only to the FHLB or another member institution. The Bank’s investment in the capital stock of the bankers’ bank is carried at cost as no readily available market exists for this stock and it has no quoted market value. During 2018, we wrote off one such stock in the amount of $100,000 that we held at December 31, 2017 as the Bankers bank was announced to be liquidating. We evaluated the FHLB stock for impairment in accordance with GAAP. The Bank’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLB, and (4) the liquidity position of the FHLB. Management has evaluated the FHLB stock for impairment and believes that no impairment charge is necessary as of December 31, 2018. Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Depreciation and amortization of premises and equipment is accumulated by the use of the straight-line method over the estimated useful lives of the assets. Additions and improvements are capitalized, and charges for repairs and maintenance are expensed when incurred. The related cost and accumulated depreciation are eliminated from the accounts when an asset is sold or retired and the resultant gain or loss is credited or charged to income. Bank Owned Life Insurance (“BOLI”) BOLI is carried at the aggregate cash surrender value of life insurance policies owned where the Company or its subsidiary is named beneficiary. Increases in cash surrender value derived from crediting rates for underlying insurance policies is credited to noninterest income. Goodwill and Other Intangible Assets Goodwill represents the excess purchase price paid over the fair value of the net assets acquired in a business combination and is allocated to the Bank’s reporting units. Based upon an in-depth analysis performed in accordance with FASB guidance, we have determined that we have one reporting unit – commercial and consumer banking. Goodwill is not amortized but is tested for impairment periodically. We assess goodwill for potential impairment annually as of September 30, or during the year if an event or other circumstance indicates that we may not be able to recover the carrying amount of the asset. As of September 30, 2018, we determined that there was no evidence of impairment of goodwill. Income Taxes Deferred income taxes are recognized for the tax consequences of temporary differences between financial statement carrying amounts and the tax bases of assets and liabilities. Deferred income taxes are provided on income and expense items when they are reported for financial statement purposes in periods different from the periods in which these items are recognized in the income tax returns. Deferred tax assets are recognized only to the extent that it is more likely than not that such amounts will be realized based upon consideration of available evidence, including tax planning strategies and other factors. The calculation of tax assets and liabilities is complex and requires the use of estimates and judgment since it involves the application of complex tax laws that are subject to different interpretations by us and the various tax authorities. These interpretations are subject to challenge by the tax authorities upon audit or to reinterpretation based on management’s ongoing assessment of facts and evolving case law. Periodically and in the ordinary course of business, we are involved in inquiries and reviews by tax authorities that normally require management to provide supplemental information to support certain tax positions we take in our tax returns. Uncertain tax positions are initially recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions are initially and subsequently measured as the largest amount of tax benefit or liability that is greater than 50% likely of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and all relevant facts. For tax positions not meeting the “more likely than not” test, no tax benefit or liability is recorded. Management believes it has taken appropriate positions on its tax returns, although the ultimate outcome of any tax review cannot be predicted with certainty. No assurance can be given that the final outcome of these matters will not be different than what is reflected in the financial statements. We recognize interest and penalties related to income tax matters in income tax expense. Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains, and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on AFS securities, are reported as a separate component of the equity section of the consolidated statements of financial condition, and, along with net income, are components of comprehensive income. The Company’s sole component of accumulated other comprehensive loss is unrealized gains/losses on AFS securities. Derivative Financial Instruments and Hedging We account for derivatives in accordance with FASB literature on accounting for derivative instruments and hedging activities. When we enter into a derivative contract, we designate the derivative as held for trading, an economic hedge, or a qualifying hedge as detailed in the literature. The designation may change based upon management’s reassessment or changing circumstances. Derivatives utilized by the Company include interest rate lock commitments (“IRLC” or “IRLCs”) and forward settlement contracts. IRLCs occur when we originate mortgage loans with interest rates determined prior to funding. Forward settlement contracts are agreements to buy or sell a quantity of a financial instrument, index, currency, or commodity at a predetermined future date, and rate or price. We designate at inception whether a derivative contract is considered hedging or nonhedging. All of our derivatives are nonexchange traded contracts, and as such, the

Securities

Securities	12 Months Ended
	Dec. 31, 2018
Securities [Abstract]
Securities	Note 2 - Securities The amortized cost and estimated fair values of our AFS securities portfolio were as follows as of December 31: 2018 Amortized Unrealized Unrealized Cost Gains Losses Fair Value (dollars in thousands) U.S. Treasury securities $ 1,992 $ — $ 11 $ 1,981 U.S. government agency notes 10,086 — 89 9,997 $ 12,078 $ — $ 100 $ 11,978 2017 Amortized Unrealized Unrealized Cost Gains Losses Fair Value (dollars in thousands) U.S. government agency notes $ 10,169 $ — $ 50 $ 10,119 $ 10,169 $ — $ 50 $ 10,119 The amortized cost and estimated fair values of our HTM securities portfolio were as follows as of December 31: 2018 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (dollars in thousands) U.S. Treasury securities $ 1,991 $ 17 $ — $ 2,008 U.S. government agency notes 11,992 45 92 11,945 Mortgage-backed securities 24,929 6 676 24,259 $ 38,912 $ 68 $ 768 $ 38,212 2017 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (dollars in thousands) U.S. Treasury securities $ 4,994 $ 68 $ 6 $ 5,056 U.S. government agency notes 19,004 81 99 18,986 Mortgage-backed securities 30,305 27 370 29,962 $ 54,303 $ 176 $ 475 $ 54,004 Gross unrealized losses and fair value by length of time that the individual AFS securities have been in an unrealized loss position at the dates indicated are presented in the following tables as of December 31: 2018 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. Treasury securities 1 $ 990 $ 5 1 $ 991 $ 6 2 $ 1,981 $ 11 U.S. government agency notes — — — 8 9,997 89 8 9,997 89 1 $ 990 $ 5 9 $ 10,988 $ 95 10 $ 11,978 $ 100 2017 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. government agency notes 8 $ 10,119 $ 50 — $ — $ — 8 $ 10,119 $ 50 8 $ 10,119 $ 50 — $ — $ — 8 $ 10,119 $ 50 Gross unrealized losses and fair value by length of time that the individual HTM securities have been in an unrealized loss position at the dates indicated are presented in the following tables as of December 31: 2018 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. government agency notes — $ — $ — 10 $ 9,927 $ 92 10 $ 9,927 $ 92 Mortgage-backed securities — — — 18 24,011 676 18 24,011 676 — $ — $ — 28 $ 33,938 $ 768 28 $ 33,938 $ 768 2017 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. Treasury securities 2 $ 1,993 $ 6 — $ — $ — 2 $ 1,993 $ 6 U.S. government agency notes 7 6,977 23 7 6,964 76 14 13,941 99 Mortgage-backed securities 11 20,993 217 5 7,046 153 16 28,039 370 20 $ 29,963 $ 246 12 $ 14,010 $ 229 32 $ 43,973 $ 475 All of the securities that are currently in a gross unrealized loss position are so due to declines in fair values resulting from changes in interest rates or increased liquidity spreads since the time they were purchased. We have the intent and ability to hold these debt securities to maturity (including the AFS securities) and do not intend to sell, nor do we believe it will be more likely than not that we will be required to sell, any impaired securities prior to a recovery of amortized cost. We expect these securities will be repaid in full, with no losses realized. As such, management considers any impairment to be temporary. Contractual maturities of debt securities at December 31, 2018 are shown below. Actual maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. AFS Securities HTM Securities Amortized Fair Amortized Fair Cost Value Cost Value (dollars in thousands) Due in one year or less $ 7,002 $ 6,961 $ 7,999 $ 7,965 Due after one through five years 5,076 5,017 5,984 5,988 Mortgage-backed securities — — 24,929 24,259 $ 12,078 $ 11,978 $ 38,912 $ 38,212 There were no securities pledged as collateral as of December 31, 2018 or 2017.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2018
Loans Receivable and Allowance for Loan Losses [Abstract]
Loans Receivable and Allowance for Loan Losses	Note 3 - Loans Receivable and Allowance for Loan Losses Loans receivable are summarized as follows at December 31: 2018 2017 (dollars in thousands) Residential mortgage $ 276,389 $ 287,656 Commercial 35,884 37,356 Commercial real estate 244,088 236,302 Construction, land acquisition, and development 114,540 93,060 Home equity/2nds 13,386 15,703 Consumer 1,087 1,084 Total loans receivable 685,374 671,161 Unearned loan fees (3,025) (3,010) Loans receivable $ 682,349 $ 668,151 Certain loans in the amount of $169.8 million have been pledged under a blanket floating lien to the FHLB as collateral against advances. At December 31, 2018, the Bank was servicing $29.4 million in loans for the Federal National Mortgage Association and $15.1 million in loans for the Federal Home Loan Mortgage Corporation. Credit Quality An Allowance is provided through charges to income in an amount that management believes will be adequate to absorb losses on existing loans that may become uncollectible, based on evaluations of the collectability of loans and prior loan loss experience. Management has an established methodology to determine the adequacy of the Allowance that assesses the risks and losses inherent in the loan portfolio. The methodology takes into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions that may affect the borrowers’ ability to pay. Determining the amount of the Allowance requires the use of estimates and assumptions. Actual results could differ significantly from those estimates. While management uses available information to estimate losses on loans, future additions to the Allowance may be necessary based on changes in economic conditions. In addition, various regulatory agencies periodically review the Allowance as an integral part of their examination process. Such agencies may require us to recognize additions to the Allowance based on their judgments about information available to them at the time of their examination. Management believes the Allowance is adequate as of December 31, 2018 and 2017. During 2018, we had a change in accounting estimate related to the metholdology used in calculating the Allowance. The change included developing an anchoring analysis for our qualitative factors and establishing a loss emergence period. This change in estimate did not have any impact on the recorded amount of the Allowance. For purposes of determining the Allowance, we have segmented our loan portfolio by product type. Our portfolio loan segments are residential mortgage, commercial, commercial real estate, construction, land acquisition, and development (“ADC”), home equity/2nds, and consumer. We have looked at all segments and have determined that no additional subcategorization is warranted based upon our credit review methodology and our portfolio classes are the same as our portfolio segments. Inherent Credit Risks The inherent credit risks within the loan portfolio vary depending upon the loan class as follows: Residential mortgage - secured by one to four family dwelling units. The loans have limited risk as they are secured by first mortgages on the unit, which are generally the primary residence of the borrower, at a LTV of 80% or less. Commercial - underwritten in accordance with our policies and include evaluating historical and projected profitability and cash flow to determine the borrower’s ability to repay the obligation as agreed. Commercial loans are made primarily based on the identified cash flow of the borrower and secondarily on the underlying collateral supporting the loan. Accordingly, the repayment of a commercial loan depends primarily on the creditworthiness of the borrower (and any guarantors), while liquidation of collateral is a secondary and often insufficient source of repayment. Additionally, lines of credit are subject to the underwriting standards and processes similar to commercial loans, in addition to those underwriting standards for real estate loans. These loans are viewed primarily as cash flow dependent and, secondarily, as loans secured by real-estate and/or other assets. Repayment of these loans is generally dependent upon the successful operation of the property securing the loan or the principal business conducted on the property securing the loan. Line of credit loans may be adversely affected by conditions in the real estate markets or the economy in general. Management monitors and evaluates line of credit loans based on collateral and risk-rating criteria. Commercial real estate - subject to the underwriting standards and processes similar to commercial and industrial loans, in addition to those underwriting standards for real estate loans. These loans are viewed primarily as cash flow dependent and secondarily as loans secured by real estate. Repayment of these loans is generally dependent upon the successful operation of the property securing the loan or the principal business conducted on the property securing the loan. Commercial real estate loans may be adversely affected by conditions in the real estate markets or the economy in general. Management monitors and evaluates commercial real estate loans based on collateral and risk-rating criteria. The Bank also utilizes third-party experts to provide environmental and market valuations. The nature of commercial real estate loans makes them more difficult to monitor and evaluate. ADC - underwritten in accordance with our underwriting policies which include a financial analysis of the developers, property owners, construction cost estimates, and independent appraisal valuations. These loans will rely on the value associated with the project upon completion. These cost and valuation estimates may be inaccurate. Construction loans generally involve the disbursement of substantial funds over a short period of time with repayment substantially dependent upon the success of the completed project rather than the ability of the borrower or guarantor to repay principal and interest. Additionally, land is underwritten according to our policies which include independent appraisal valuations as well as the estimated value associated with the land upon completion of development. These cost and valuation estimates may be inaccurate. Sources of repayment of these loans typically are permanent financing expected to be obtained upon completion or sales of developed property. These loans are closely monitored by onsite inspections and are considered to be of a higher risk than other real estate loans due to their ultimate repayment being sensitive to general economic conditions, availability of long-term financing, interest rate sensitivity, and governmental regulation of real property. If the Bank is forced to foreclose on a project prior to or at completion due to a default, there can be no assurance that the Bank will be able to recover all of the unpaid balance of the loan as well as related foreclosure and holding costs. In addition, the Bank may be required to fund additional amounts to complete the project and may have to hold the property for an unspecified period of time. Home equity/2nds - subject to the underwriting standards and processes similar to residential mortgages and are secured by one to four family dwelling units. Home equity/2nds loans have greater risk than residential mortgages as a result of the Bank generally being in a second lien position. Consumer - consist of loans to individuals through the Bank’s retail network and are typically unsecured or secured by personal property. Consumer loans have a greater credit risk than residential loans because of the lower value of the underlying collateral, if any. The following tables present, by portfolio segment, the changes in the Allowance and the recorded investment in loans as of and for the years ended December 31: 2018 Residential Commercial Home Equity/ Mortgage Commercial Real Estate ADC 2nds Consumer Unallocated Total (dollars in thousands) Beginning Balance $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ — $ 8,055 Charge-offs (534) — (38) (34) — — — (606) Recoveries 228 — 424 — 243 — — 895 Net (charge-offs) recoveries (306) — 386 (34) 243 — — 289 (Reversal of) provision for loan losses (569) 2,209 (2,734) 1,037 (407) (1) 165 (300) Ending Balance $ 2,224 $ 2,736 $ 457 $ 2,239 $ 222 $ 1 $ 165 $ 8,044 Ending balance - individually evaluated for impairment $ 927 $ 430 $ 142 $ 32 $ 2 $ — $ — $ 1,533 Ending balance - collectively evaluated for impairment 1,297 2,306 315 2,207 220 1 165 6,511 $ 2,224 $ 2,736 $ 457 $ 2,239 $ 222 $ 1 $ 165 $ 8,044 Ending loan balance - individually evaluated for impairment $ 12,579 $ 430 $ 1,992 $ 1,278 $ 871 $ 76 $ 17,226 Ending loan balance - collectively evaluated for impairment 262,180 35,454 240,701 113,262 12,515 1,011 665,123 $ 274,759 $ 35,884 $ 242,693 $ 114,540 $ 13,386 $ 1,087 $ 682,349 2017 Residential Commercial Home Equity/ Mortgage Commercial Real Estate ADC 2nds Consumer Total (dollars in thousands) Beginning Balance $ 3,833 $ 478 $ 2,535 $ 1,390 $ 728 $ 5 $ 8,969 Charge-offs (726) — — — (98) (2) (826) Recoveries 375 — 157 — 30 — 562 Net (charge-offs) recoveries (351) — 157 — (68) (2) (264) (Reversal of) provision for loan losses (383) 49 113 (154) (274) (1) (650) Ending Balance $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ 8,055 Ending balance - individually evaluated for impairment $ 1,181 $ — $ 182 $ 48 $ — $ 2 $ 1,413 Ending balance - collectively evaluated for impairment 1,918 527 2,623 1,188 386 — 6,642 $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ 8,055 Ending loan balance - individually evaluated for impairment $ 18,219 $ — $ 2,917 $ 991 $ — $ 84 $ 22,211 Ending loan balance - collectively evaluated for impairment 267,600 37,356 232,212 92,069 15,703 1,000 645,940 $ 285,819 $ 37,356 $ 235,129 $ 93,060 $ 15,703 $ 1,084 $ 668,151 The following tables present the credit quality breakdown of our loan portfolio by class as of December 31: 2018 Special Pass Mention Substandard Total (dollars in thousands) Residential mortgage $ 270,727 $ 827 $ 3,205 $ 274,759 Commercial 35,435 19 430 35,884 Commercial real estate 237,387 3,523 1,783 242,693 ADC 113,072 — 1,468 114,540 Home equity/2nds 12,536 434 416 13,386 Consumer 1,087 — — 1,087 $ 670,244 $ 4,803 $ 7,302 $ 682,349 2017 Special Pass Mention Substandard Total (dollars in thousands) Residential mortgage $ 279,040 $ 1,563 $ 5,216 $ 285,819 Commercial 37,312 44 — 37,356 Commercial real estate 227,573 4,615 2,941 235,129 ADC 91,868 — 1,192 93,060 Home equity/2nds 14,384 465 854 15,703 Consumer 1,084 — — 1,084 $ 651,261 $ 6,687 $ 10,203 $ 668,151 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of December 31: 2018 30-59 60-89 90+ Days Days Days Total Non- Past Due Past Due Past Due Past Due Current Total Accrual (dollars in thousands) Residential mortgage $ 1,060 $ — $ 1,794 $ 2,854 $ 271,905 $ 274,759 $ 2,580 Commercial — — 430 430 35,454 35,884 430 Commercial real estate 137 — 660 797 241,896 242,693 660 ADC 255 — 387 642 113,898 114,540 558 Home equity/2nds 96 — 428 524 12,862 13,386 428 Consumer 13 — — 13 1,074 1,087 — $ 1,561 $ — $ 3,699 $ 5,260 $ 677,089 $ 682,349 $ 4,656 2017 30-59 60-89 90+ Days Days Days Total Non- Past Due Past Due Past Due Past Due Current Total Accrual (dollars in thousands) Residential mortgage $ 1,006 $ — $ 2,535 $ 3,541 $ 282,278 $ 285,819 $ 3,891 Commercial — — 78 78 37,278 37,356 78 Commercial real estate 948 — — 948 234,181 235,129 159 ADC — — 239 239 92,821 93,060 314 Home equity/2nds — — 1,154 1,154 14,549 15,703 1,268 Consumer — — — — 1,084 1,084 — $ 1,954 $ — $ 4,006 $ 5,960 $ 662,191 $ 668,151 $ 5,710 We did not have any loans greater than 90 days past due and still accruing as of December 31, 2018 or 2017. The interest which would have been recorded on the above nonaccrual loans if those loans had been performing in accordance with their contractual terms was approximately $716,000 and $688,000 for the years ended December 31, 2018 and 2017, respectively. The actual interest income recorded on those loans was approximately $273,000 and $282,000 for the years ended December 31, 2018 and 2017, respectively. The following tables summarize impaired loans as of and for the years ended December 31: 2018 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related Allowance: (dollars in thousands) Residential mortgage $ 7,054 $ 6,808 $ — $ 12,929 $ 11,572 $ — Commercial — — — — — — Commercial real estate 1,244 1,206 — 1,562 1,507 — ADC 1,142 1,143 — 636 636 — Home equity/2nds 1,290 859 — — — — Consumer — — — — — — With a related Allowance: Residential mortgage 5,888 5,771 927 6,761 6,647 1,181 Commercial 476 430 430 — — — Commercial real estate 795 786 142 1,410 1,410 182 ADC 135 135 32 392 355 48 Home equity/2nds 13 12 2 — — — Consumer 76 76 — 84 84 2 Totals: Residential mortgage 12,942 12,579 927 19,690 18,219 1,181 Commercial 476 430 430 — — — Commercial real estate 2,039 1,992 142 2,972 2,917 182 ADC 1,277 1,278 32 1,028 991 48 Home equity/2nds 1,303 871 2 — — — Consumer 76 76 — 84 84 2 2018 2017 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related Allowance: (dollars in thousands) Residential mortgage $ 9,232 $ 344 $ 10,072 $ 504 Commercial 47 30 — 44 Commercial real estate 1,223 52 2,423 70 ADC 542 52 516 29 Home equity/2nds 570 42 543 46 Consumer — — — — With a related Allowance: Residential mortgage 6,673 288 8,714 294 Commercial 86 71 30 — Commercial real estate 1,151 26 1,817 73 ADC 909 8 379 22 Home equity/2nds 7 1 572 1 Consumer 80 2 90 2 Totals: Residential mortgage 15,905 632 18,786 798 Commercial 133 101 30 44 Commercial real estate 2,374 78 4,240 143 ADC 1,451 60 895 51 Home equity/2nds 577 43 1,115 47 Consumer 80 2 90 2 There were $1.4 million in consumer mortgage properties included in real estate acquired through foreclosure at December 31, 2018. There were no such properties at December 31, 2017. Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction totaled $1.9 million as of December 31, 2018. TDRs The following table presents loans that were modified during the year ended December 31, 2018: Recorded Recorded Investment Investment Number of Prior to After Modifications Modification Modification (dollars in thousands) Residential Mortgage 1 $ 127 $ 127 1 $ 127 $ 127 There were no loans modified during the year ended December 31, 2017. Interest on our portfolio of TDRs was accounted for under the following methods as of December 31: 2018 Total Total Number of Accrual Number of Nonaccrual Number of Balance of Modifications Status Modifications Status Modifications Modifications (dollars in thousands) Residential mortgage 36 $ 9,469 3 $ 446 39 $ 9,915 Commercial real estate 2 1,019 — — 2 1,019 ADC 1 134 — — 1 134 Consumer 3 76 — — 3 76 42 $ 10,698 3 $ 446 45 $ 11,144 2017 Total Total Number of Accrual Number of Nonaccrual Number of Balance of Modifications Status Modifications Status Modifications Modifications (dollars in thousands) Residential mortgage 42 $ 11,631 2 $ 736 44 $ 12,367 Commercial real estate 3 1,862 1 78 4 1,940 ADC 1 137 1 6 2 143 Consumer 4 84 — — 4 84 50 $ 13,714 4 $ 820 54 $ 14,534 During 2018 and 2017, there were no TDRs that subsequently defaulted during the 12 month period ended December 31, 2018 and 2017.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2018
Premises and Equipment [Abstract]
Premises and Equipment	Note 4 - Premises and Equipment Premises and equipment are summarized by major classification as follows at December 31: 2018 2017 (dollars in thousands) Land $ 1,537 $ 1,537 Building 29,755 29,500 Leasehold improvements 2,792 2,485 Furniture, fixtures, and equipment 3,178 2,868 Total, at cost 37,262 36,390 Less: Accumulated depreciation and amortization (14,517) (13,251) Net premises and equipment $ 22,745 $ 23,139 Depreciation expense was $1.3 million and $1.2 million for the years ended December 31, 2018 and 2017, respectively. We lease various branch and general office facilities and equipment to conduct our operations. The leases have remaining terms which range from a period of less than one year to 17 years (through 2035). Most leases contain renewal options which are generally exercisable at increased rates. Some of the leases provide for increases in the rental rates at specified times during the lease terms, prior to the expiration dates. The leases generally provide for payment of property taxes, insurance, and maintenance costs by the Company. The total rental expense for all real property leases amounted to approximately $321,000 and $246,000 for the years ended December 31, 2018 and 2017, respectively. Our minimum lease payments due for each of the next five years are as follows: Years Ended December 31, (in thousands) 2019 $ 366 2020 332 2021 267 2022 274 2023 229 Thereafter 1,775 $ 3,243 Our minimum future annual rental income on leases is as follows: Years Ended December 31, (in thousands) 2019 $ 922 2020 840 2021 378 2022 286 2023 194 Thereafter — $ 2,620 H.S. West, LLC, a subsidiary of the Bank, leases space to three unrelated companies and to a law firm of which the President of the Company and the Bank is a partner. Total gross rental income included in occupancy expense on the Consolidated Statements of Operations was approximately $1.0 million and $994,000 for the years ended December 31, 2018 and 2017, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 5 - Goodwill and Other Intangible Assets Our goodwill relates to the acquisition of Louis Hyatt, Inc. and the Title Company as follows as of and for the years ended December 31. During 2018, we reached the end of the period for determination of the goodwill for the Title Company. 2018 2017 Louis Hyatt Title Co. Total Louis Hyatt Title Co. Total (dollars in thousands) Beginning balance $ 334 $ 765 $ 1,099 $ 334 $ — $ 334 Goodwill acquired — 5 5 — 765 765 Ending balance $ 334 $ 770 $ 1,104 $ 334 $ 765 $ 1,099

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Deposits	Note 6 - Deposits Deposits are summarized as follows as of December 31: 2018 2017 (dollars in thousands) NOW $ 106,508 13.7 % $ 63,616 10.6 % Money market 203,351 26.1 % 103,649 17.2 % Savings 75,692 9.7 % 98,717 16.4 % Certificates of deposit 247,351 31.7 % 263,413 43.7 % Total interest-bearing deposits 632,902 81.2 % 529,395 87.9 % Noninterest-bearing deposits 146,604 18.8 % 72,833 12.1 % Total deposits $ 779,506 100.0 % $ 602,228 100.0 % Scheduled maturities of certificates of deposit were as follows as of December 31: 2018 2017 (dollars in thousands) One year or less $ 126,980 $ 137,357 Greater than one year to two years 62,040 43,020 Greater than two years to three years 38,140 33,791 Greater than three years to four years 16,942 34,680 Greater than four years to five years 3,249 14,565 $ 247,351 $ 263,413 Certificates of deposit of $250,000 or more totaled $46.4 million and $51.4 million as of December 31, 2018 and 2017, respectively. We held $10.2 million and $11.3 million in brokered certificates of deposit at December 31, 2018 and 2017, respectively.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2018
Borrowings [Abstract]
Borrowings	Note 7 - Borrowings Our borrowings consist of advances from the FHLB and a term loan from a commercial bank. The FHLB advances are available under a specific collateral pledge and security agreement, which requires that we maintain collateral for all of our borrowings equal to 30% of total assets. Our advances from the FHLB may be in the form of short-term or long-term obligations. Short-term advances have maturities of one year or less and may contain prepayment penalties. Long-term borrowings through the FHLB have original maturities up to 15 years and generally contain prepayment penalties. As of December 31, 2018, our total credit line with the FHLB was $265.7 million, with outstanding balances of $70.0 million and $85.0 million at December 31, 2018 and 2017, respectively. On September 30, 2016, we entered into a loan agreement with a commercial bank whereby we borrowed $3.5 million for a term of eight years. The unsecured note bears interest at a fixed rate of 4.25% for the first 36 months then, at the option of the Company, converts to either (1) floating rate of the Wall Street Journal Prime plus 50 basis points or (2) fixed rate at 275 basis points over the five year amortizing FHLB rate for the remaining five years. Repayment terms are monthly interest only payments for the first 36 months, then quarterly principal payments of $175,000 plus interest. The loan is subject to a prepayment penalty of 1% of the principal amount prepaid during the first 36 months. If we elect the five year fixed rate of 275 basis points over the FHLB rate (“FHLB Rate Period”), the loan will be subject to a prepayment penalty of 2% during the first and second years of the FHLB Rate Period and 1% of the principal repaid during the third, fourth, and fifth years of the FHLB Rate Period. We may make additional principal payments from internally generated funds of up to $875,000 per year during any fixed rate period without penalty. There is no prepayment penalty during any floating rate period. Certain information regarding our borrowings is as follows as of December 31: 2018 2017 Amount outstanding at year-end: (dollars in thousands) FHLB advances $ 70,000 $ 85,000 Commercial note payable 3,500 3,500 Weighted-average interest rate at year-end: FHLB advances 2.27 % 2.40 % Commercial note payable 4.25 % 4.25 % Maximum outstanding at any month-end: FHLB advances $ 96,000 $ 169,950 Commercial note payable 3,500 3,500 Average outstanding: FHLB advances $ 87,669 $ 91,456 Commercial note payable 3,500 3,500 Weighted-average interest rate during the year: FHLB advances 2.17 % 3.03 % Commercial note payable 5.04 % 5.04 % The following table sets forth information concerning the interest rates and maturity dates of the advances from the FHLB as of December 31, 2018. All of our borrowings are at fixed rates: Principal Amount (in thousands) Fixed Rate Maturity $ 1.55% to 4.00% 2019 1.75% to 1.92% 2020 2.19% 2022 $ Certain loans in the amount of $169.8 million have been pledged under a blanket floating lien to the FHLB as collateral against advances.

Subordinated Debentures

Subordinated Debentures	12 Months Ended
	Dec. 31, 2018
Subordinated Debentures [Abstract]
Subordinated Debentures	Note 8 - Subordinated Debentures As of December 31, 2018 and 2017, the Company had outstanding $20.6 million in principal amount of Junior Subordinated Debt Securities, due in 2035 (the “2035 Debentures”). The 2035 Debentures were issued pursuant to an Indenture dated as of December 17, 2004 (the “2035 Indenture”) between the Company and Wells Fargo Bank, National Association as Trustee. The 2035 Debentures pay interest quarterly at a floating rate of interest of 3‑month LIBOR plus 200 basis points and mature on January 7, 2035. Payments of principal, interest, premium, and other amounts under the 2035 Debentures are subordinated and junior in right of payment to the prior payment in full of all senior indebtedness of the Company, as defined in the 2035 Indenture. The 2035 Debentures became redeemable, in whole or in part, by the Company on January 7, 2010. The 2035 Debentures were issued and sold to Severn Capital Trust I (the “Trust”), of which 100% of the common equity is owned by the Company. The Trust was formed for the purpose of issuing corporation-obligated mandatorily redeemable Capital Securities (“Capital Securities”) to third-party investors and using the proceeds from the sale of such Capital Securities to purchase the 2035 Debentures. The 2035 Debentures held by the Trust are the sole assets of the Trust. Distributions on the Capital Securities issued by the Trust are payable quarterly at a rate per annum equal to the interest rate being earned by the Trust on the 2035 Debentures. The Capital Securities are subject to mandatory redemption, in whole or in part, upon repayment of the 2035 Debentures. We have entered into an agreement which, taken collectively, fully and unconditionally guarantees the Capital Securities subject to the terms of the guarantee. Under the terms of the 2035 Debentures, we are permitted to defer the payment of interest on the 2035 Debentures for up to 20 consecutive quarterly periods, provided that no event of default has occurred and is continuing. As of December 31, 2018, we were current on all interest due on the 2035 Debentures.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2018
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 9 - Employee Benefit Plans The Bank has a 401(k) Retirement Savings Plan. Employees may contribute a percentage of their salary up to the maximum amount allowed by law. The Bank matches 50% of the first 6% of an employee’s contribution. All employees who have completed one year of service with the Bank are eligible to participate in the company match. The Bank’s contributions to this plan were $214,000, and $139,000 for the years ended December 31, 2018 and 2017, respectively. The Bank has an Employee Stock Ownership Plan (“ESOP”) for the exclusive benefit of participating employees. The Bank recognized ESOP expense of $129,000 and $140,000 for the years ended December 31, 2018 and 2017, respectively. The plan had allocated shares totaling 518,654 and 530,138, respectively, and had unallocated shares to participants in the plan totaling 2,000 shares and 10,000 shares, respectively, as of December 31, 2018 and 2017. The fair value of the unallocated shares at December 31, 2018 was approximately $16,000.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2018
Regulatory Matters [Abstract]
Regulatory Matters	Note 10 - Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on our financial condition. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. In July 2013, federal bank regulatory agencies issued final results to revise their risk-based capital requirements and the method for calculating risk-weighted assets to make them consistent with agreements that were reached by the Basel Committee on Banking Supervision and certain provisions of the Dodd-Frank Act (“Basel III”). On January 1, 2015, the Basel III rules became effective and include transition provisions which implement certain portions of the rules through January 1, 2019. Under the final rules, the effects of certain accumulated other comprehensive items are not excluded; however, banking organizations like us that are not considered “advanced approaches” banking organizations may make a one-time permanent election to continue to exclude these items. With the submission of the Call Report for the first quarter of 2015, we made this election in order to avoid significant variations in the level of capital that can be caused by interest rate fluctuations on the fair value of the Bank’s AFS securities portfolio. The Basel III rules also establish a “capital conservation buffer” of 2.5% above the new regulatory minimum capital requirements, which must consist entirely of common equity Tier 1 capital. The new capital conservation buffer requirements began phase in effective January 2016 at 0.625% of risk-weighted assets and increase by that amount each year until fully implemented in January 2019 (1.875% at December 31, 2018). An institution would be subject to limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses to executive officers if its capital level falls below the buffer amount. These limitations establish a maximum percentage of eligible retained income that could be utilized for such actions. As of the date of the last regulatory exam, the Bank was considered “well capitalized” and as of December 31, 2018, the Bank continued to meet the requirements to be considered “well capitalized” based on applicable U.S. regulatory capital ratio requirements. Our regulatory capital amounts and ratios were as follows: Minimum Minimum To be Well Requirements Requirements Capitalized Under for Capital Adequacy with Capital Prompt Corrective Actual Purposes Conservation Buffer Action Provision Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2018 (dollars in thousands) Common Equity Tier 1 Capital (to risk-weighted assets) $ 114,749 17.4 % $ 29,651 4.5 % $ 42,006 6.4 % $ 42,830 6.5 % Total capital (to risk-weighted assets) 122,889 18.7 % 52,713 8.0 % 65,068 9.9 % 65,892 10.0 % Tier 1 capital (to risk-weighted assets) 114,749 17.4 % 39,535 6.0 % 51,890 7.9 % 52,713 8.0 % Tier 1 capital (to average quarterly assets) 114,749 13.5 % 33,932 4.0 % 49,838 5.9 % 42,415 5.0 % December 31, 2017 Common Equity Tier 1 Capital (to risk-weighted assets) $ 105,721 16.5 % $ 28,904 4.5 % $ 36,933 5.8 % $ 41,750 6.5 % Total capital (to risk-weighted assets) 113,758 17.7 % 51,385 8.0 % 59,414 9.3 % 64,231 10.0 % Tier 1 capital (to risk-weighted assets) 105,721 16.5 % 38,539 6.0 % 46,567 7.3 % 51,385 8.0 % Tier 1 capital (to average quarterly assets) 105,721 13.5 % 31,440 4.0 % 41,264 5.3 % 39,300 5.0 %

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 11 - Stockholders’ Equity Series A Preferred Stock On November 15, 2008, the Company completed a private placement offering consisting of a total of 70 units, at an offering price of $100,000 per unit, for gross proceeds of $7.0 million. Each unit consisted of 6,250 shares of the Company’s Series A 8.0% Non-Cumulative Convertible Preferred Stock. On March 13, 2018, the Company notified holders of its Series A preferred stock that the Company had exercised its option to convert each of the 437,500 outstanding shares of Series A preferred stock for one share of common stock and converted such shares on April 2, 2018. As of that date, the Series A preferred stock was no longer deemed outstanding and all rights with respect to such stock ceased and terminated. Series B Preferred Stock On November 21, 2008, we entered into an agreement with the U.S. Department of the Treasury (“Treasury”), pursuant to which we issued and sold (i) shares of our Series B Fixed Rate Cumulative Perpetual Preferred Stock (“Preferred Stock”) and (ii) a warrant (the “Warrant”) to purchase 556,976 shares of the Company’s common stock, par value $0.01 per share at an exercise price of $6.30 per share of common stock. As of December 31, 2016, the Company had redeemed all outstanding shares of the Preferred Stock. On December 20, 2017, the Company repurchased the warrant from the Treasury for a total repurchase price of $520,000. Dividend Restrictions The Company’s ability to declare dividends on its common stock was previously limited by the terms of the Company’s Series A Preferred Stock and Series B Preferred Stock. As of December 31, 2018, those restrictions had been removed. In 2018, we paid dividends of $1.5 million ($0.12 per share) to common stockholders.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Note 12 - Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding for each period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by the Company relate to outstanding stock options, warrants, and convertible preferred stock, and are determined using the treasury stock method. Not included in the diluted earnings per share calculation for the year ended December 31, 2017 because they were anti-dilutive, were 135,800 shares of common stock issuable upon exercise of outstanding stock options. Also excluded from the calculation for the year ended December 31, 2017 were 437,500 anti-dilutive shares of common stock issuable upon conversion of the Company’s Series A Preferred Stock. There were no anti-dilutive shares for the year ended December 31, 2018. Information relating to the calculations of our income per common share is summarized as follows for the years ended December 31: 2018 2017 (dollars in thousands, except for per share data) Weighted-average shares outstanding - basic 12,585,961 12,160,983 Dilution 111,659 116,753 Weighted-average share outstanding - diluted 12,697,620 12,277,736 Net income available to common stockholders $ 8,499 $ 2,538 Net income per share - basic $ 0.68 $ 0.21 Net income per share - diluted $ 0.67 $ 0.21

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 13 - Stock-Based Compensation We maintain a stock-based compensation plan for directors, officers, and other key employees of the Company. The aggregate number of shares of common stock that may be issued with respect to the awards granted under the plan is 500,000 plus any shares forfeited under the Company’s old stock-based compensation plan. Under the terms of the stock-based compensation plan, the Company has the ability to grant various stock compensation incentives, including stock options, stock appreciation rights, and restricted stock. The stock-based compensation is granted under terms and conditions determined by the Compensation Committee of the Board of Directors. Under the stock-based compensation plan, stock options generally have a maximum term of ten years, and are granted with an exercise price at least equal to the fair market value of the common stock on the date the options are granted. Generally, options granted to directors, officers, and employees of the Company vest over a five-year period, although the Compensation Committee has the authority to provide for different vesting schedules. We recognize forfeitures as they occur. The ability to grant new options from this plan expired in March of 2018 and no new plan had been approved as of December 31, 2018. We account for stock-based compensation in accordance with FASB ASC Topic 718, Compensation – Stock Compensation, which requires all share-based payments to employees, including grants of employee stock options, to be recognized as compensation expense in the Statement of Operations at fair value. Additionally, we are required to recognize the expense of employee services received in share-based payment transactions and measure the expense based on the grant date fair value of the award. The expense is recognized over the period during which an employee is required to provide service in exchange for the award. Stock-based compensation expense included in the Consolidated Statements of Operations for the years ended December 31, 2018 and 2017 totaled $218,000 and $205,000, respectively. Information regarding our stock-based compensation plan is as follows as of and for the years ended December 31: 2018 2017 Weighted- Weighted- Weighted- Average Aggregate Weighted- Average Aggregate Average Remaining Intrinsic Average Remaining Intrinsic Number Exercise Contractual Value Number Exercise Contractual Value of Shares Price Term (in years) (in thousands) of Shares Price Term (in years) (in thousands) Outstanding at beginning of period 434,025 $ 5.87 339,500 $ 5.31 Granted 6,500 7.41 115,800 7.22 Exercised (88,652) 4.21 (2,411) 3.37 Forfeited (2,850) 5.89 (18,864) 4.59 Outstanding at end of period 349,023 $ 6.32 3.4 $ 578 434,025 $ 5.87 6.7 $ 619 Exercisable at end of period 179,379 $ 5.75 2.6 $ 399 191,395 $ 4.85 6.3 $ 477 The cash received from the exercise of stock options during 2018 and 2017 was $374,000 and $207,000, respectively. The stock-based compensation expense amounts and fair values of options at the time of the grants were derived using the Black-Scholes option-pricing model. The following weighted average assumptions were used to value options granted for the years ended December 31: 2018 2017 Expected life 5.5 years 5.5 years Risk-free interest rate 2.67 % 2.15 % Expected volatility 32.20 % 33.79 % Expected dividend yield — — Weighted average per share fair value of options granted $ 2.57 $ 2.44 The expected life is based on the vesting period and the expiration date of the option granted. The Risk-free interest rate is based on the US Treasury’s five year Treasury note rate at the time of the option grant. The expected volatility is based on the closing common stock price of the Company over a five year period. The expected dividend yield was based on the Company’s prior policy of not paying a common stock dividend. The grant that occurred in 2018 was prior to any dividend declaration and therefore, did not contain an expected dividend yield component in the fair value calculation. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. As of December 31, 2018, there was $495,000 of total unrecognized stock-based compensation expense related to nonvested stock options, which is expected to be recognized over a period of 48 months.

Other Noninterest Expense

Other Noninterest Expense	12 Months Ended
	Dec. 31, 2018
Other Noninterest Expense [Abstract]
Other Noninterest Expense	Note 14 – Other Noninterest Expense The breakout of our other noninterest expenses is as follows for the years ended December 31: 2018 2017 (dollars in thousands) Directors fees $ 246 $ 304 Stock expense 143 217 Insurance 238 195 Internal audit and compliance 242 259 Office expense, printing, and postage 420 434 Telephone 326 297 Loan expenses 217 121 Dues and subscriptions 141 111 OCC assessments 206 202 Other 828 611 Total other noninterest expense $ 3,007 $ 2,751

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Income Taxes	Note 15 - Income Taxes Our income tax expense consists of the following for the years ended December 31: 2018 2017 (dollars in thousands) Current $ 25 $ 228 Deferred 2,952 4,794 Income tax expense $ 2,977 $ 5,022 The income tax expense is reconciled to the amount computed by applying the federal corporate tax rates of 21% in 2018 and 34% in 2017 to the net income before taxes as follows for the years ended December 31: 2018 2017 Amount Rate Amount Rate (dollars in thousands) Tax at statutory federal rate $ 2,425 21.0 % $ 2,666 34.0 % Adjustment for rate change — — % 1,887 24.1 % State tax net of Federal income tax benefit 685 5.9 % 616 7.9 % Other adjustments (133) (1.1) % (147) (1.9) % $ 2,977 25.8 % $ 5,022 64.1 % The tax effects of temporary differences between the financial reporting basis and income tax basis of assets and liabilities relate to the following at December 31: 2018 2017 Deferred tax assets: (dollars in thousands) Net operating loss carryforward $ 972 $ 3,446 Allowance 2,710 3,201 Reserve on real estate acquired through foreclosure — 135 Reserve for uncollected interest 192 108 Reserve for contingent liability 47 31 Charitable contributions 174 127 Unrealized losses on AFS securities 28 15 AMT 185 351 Total gross deferred tax assets 4,308 7,414 Deferred tax liabilities: FHLB stock dividends 57 61 Loan origination costs 734 534 Accelerated depreciation 817 1,122 Prepaid expenses 186 239 MSRs 120 140 Reserve on real estate acquired through foreclosure 3 — Other 28 16 Total gross deferred tax liabilities 1,945 2,112 Net deferred tax assets $ 2,363 $ 5,302 At December 31, 2018, federal net operating losses totaled $789,000 and expire in 2033 and 2034. The state net operating losses totaled $12.4 million and expire at various times from 2023 through 2033. In assessing the realizability of federal or state deferred tax assets at December 31, 2018, management considered whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during periods in which those temporary differences become deductible. Management considered the scheduled reversal of deferred tax liabilities, projected future taxable income and prudent, feasible, and permissible, as well as available, tax planning strategies in making this assessment. Given the consistent earnings and improving asset quality, the Company’s analysis concluded that, as of December 31, 2018, it was more likely than not that it will generate sufficient taxable income within the applicable carry-forward periods to realize its net deferred tax asset. The Company will continue to have the benefit of the net operating loss carryforward relating to the deferred tax asset and will have the ability to utilize the carryforward against future federal and state income taxes. On December 22, 2017, the Tax Act was signed into law. The Tax Act included many provisions that affect the Company’s income tax expense, including reducing the corporate federal tax rate from 34% to 21% effective January 1, 2018. As a result of the rate reduction, the Company was required to re-measure, through income tax expense in the period of enactment, its deferred tax assets and liabilities using the enacted rate at which the Company expects them to be recovered or settled. The re-measurement of the net deferred tax asset resulted in additional income tax expense of $1.9 million in 2017. The statute of limitations for Internal Revenue Service examination of the Company’s federal consolidated tax returns remains open for tax years 2015 through 2018. Our income tax returns are subject to review and examination by federal and state taxing authorities. We are no longer subject to examination by federal tax authorities for the years ended before 2014. The years open to examination by state taxing authorities vary by jurisdiction.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 16 - Commitments and Contingencies The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financial needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit, which involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated statements of financial condition. The contract amounts of these instruments express the extent of involvement we have in each class of financial instruments. Our exposure to credit loss from nonperformance by the other party to the above mentioned financial instruments is represented by the contractual amount of those instruments. We use the same credit policies in making commitments and conditional obligations as we do for on-balance sheet instruments. Unless otherwise noted, we require collateral or other security to support financial instruments with off-balance sheet credit risk. The following table shows the contract amounts for our off-balance sheet instruments as of December 31: 2018 2017 (dollars in thousands) Standby letters of credit $ 3,321 $ 3,480 Home equity lines of credit 17,015 13,321 Unadvanced construction commitments 75,326 74,720 Mortgage loan commitments 1,649 595 Lines of credit 20,990 16,612 Loans sold and serviced with limited repurchase provisions 49,623 21,409 Standby letters of credit are conditional commitments issued by the Bank guaranteeing performance by a customer to various municipalities. These guarantees are issued primarily to support performance arrangements and are limited to real estate transactions. The majority of these standby letters of credit expire within twelve months. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending other loan commitments. The Bank requires collateral supporting these letters of credit as deemed necessary. Management believes, except for certain standby letters of credit, that the proceeds obtained through a liquidation of such collateral would be sufficient to cover the maximum potential amount of future payments required under the corresponding guarantees. The amount of the liability as of both December 31, 2018 and December 31, 2017 for guarantees under standby letters of credit issued was $42,000. Home equity lines of credit are loan commitments to individuals as long as there is no violation of any condition established in the contract. Commitments under home equity lines expire ten years after the date the loan closes and are secured by real estate. We evaluate each customer’s credit worthiness on a case-by-case basis. Unadvanced construction commitments are loan commitments made to borrowers for both residential and commercial projects that are either in process or are expected to begin construction shortly. Mortgage loan commitments not reflected in the accompanying statements of financial condition at December 31, 2018 included three loans totaling $1.6 million. At December 31, 2017 such commitments included two loans totaling $595,000. Lines of credit are loan commitments to individuals and companies as long as there is no violation of any condition established in the contract. Lines of credit have a fixed expiration date. The Bank evaluates each customer’s credit worthiness on a case-by-case basis. The Bank has entered into several agreements to sell mortgage loans to third parties. These agreements contain limited provisions that require the Bank to repurchase a loan if the loan becomes delinquent within a period ranging generally from 120 to 180 days after the sale date depending on the investor’s agreement. The credit risk involved in these financial instruments is essentially the same as that involved in extending loan facilities to customers. We established a reserve for potential repurchases for these loans, which amounted to $91,000 at December 31, 2018 and $63,000 at December 31, 2017. Repurchases amounted to $469,000 for the year ended December 31, 2017. There were no repurchases during the year ended December 31, 2018. The Company provides banking services to customers who do business in the medical-use cannabis industry. While the growing, processing, and sales of medical-use cannabis is legal in the state of Maryland, the business currently violates Federal law. The Company may be deemed to be aiding and abetting illegal activities through the services that it provides to these customers. The strict enforcement of Federal laws regarding medical-use cannabis would likely result in the Company’s inability to continue to provide banking services to these customers and the Company could have legal action taken against it by the Federal government, including imprisonment and fines. There is an uncertainty of the potential impact to the Company’s consolidated financial statements if the Federal government takes actions against the Company. As of December 31, 2018, the Company has not accrued an amount for the potential impact of any such actions. Following is a summary of the level of business activities with our medical-use cannabis customers: · Deposit and loan balances at December 31, 2018 were approximately $17.0 million, or 2.2% of total deposits, and $14.1 million, or 2.1% of total loans, respectively. Deposit and loan balances at December 31, 2017 were approximately $19.2 million, or 3.2% of total deposits, and $11.9 million, or 1.8% of total loans, respectively. · Interest and noninterest income for the year ended December 31, 2018 were approximately $720,000 and $1.4 million, respectively. Interest and noninterest income for the year ended December 31, 2017 were approximately $280,000 and $230,000, respectively. · The volume of deposits accepted by these customers from the date of their license approval by the Maryland Medical Cannabis Commission through December 31, 2018 was approximately $138.9 million. The volume of deposits accepted by these customers from the date of their license approval by the Maryland Medical Cannabis Commission through December 31, 2017 was approximately $45.1 million.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2018
Fair Value of Financial Instruments [Abstract]
Fair Value of Financial Instruments	Note 17 - Fair Value of Financial Instruments A fair value hierarchy that prioritizes the inputs to valuation methods is used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair market hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). An asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. We record transfers between levels at the end of the reporting period in which the change in significant inputs occurs. Assets and Liabilities Measured on a Recurring Basis The following tables present fair value measurements for assets and liabilities that are measured at fair value on a recurring basis as of and for the year ended December 31, 2018: Significant Other Significant Total Changes Quoted Observable Unobservable In Fair Values Carrying Prices Inputs Inputs Included In Value (Level 1) (Level 2) (Level 3) Period Income Assets: (dollars in thousands) AFS Securities - U.S. Treasury and government agency notes $ 11,978 $ 1,981 $ 9,997 $ — $ — LHFS 9,686 — 9,686 — 192 MSRs 437 — — 437 (40) IRLCs 100 — — 100 78 Liabilities: Mandatory forward contracts 16 — 16 — (30) Best efforts forward contracts — — — — (3) The following tables present fair value measurements for assets and liabilities that are measured at fair value on a recurring basis as of and for the year ended December 31, 2017: Significant Other Significant Total Changes Quoted Observable Unobservable In Fair Values Carrying Prices Inputs Inputs Included In Value (Level 1) (Level 2) (Level 3) Period Income Assets: (dollars in thousands) AFS Securities - U.S. government agency notes $ 10,119 $ — $ 10,119 $ — $ — LHFS 4,530 — 4,530 — 131 MSRs 477 — — 477 (80) IRLCs 22 — — 22 (140) Mandatory forward contracts 13 — 13 — (140) Best efforts forward contracts 3 — 3 — 3 The following table provides additional quantitative information about assets measured at fair value on a recurring basis and for which we have utilized Level 3 inputs to determine fair value: Fair Value Valuation Unobservable Range Estimate Technique Input (Weighted-Average) December 31, 2018: (dollars in thousands) MSRs $ 437 Market Approach Weighted average prepayment speed 9.80 % IRLCs 100 Market Approach Range of pull through rate 70% - 95 % Average pull through rate 84 % December 31, 2017: MSRs $ 477 Market Approach Weighted average prepayment speed 3.94 % IRLCs 22 Market Approach Range of pull through rate 80% - 95 % Average pull through rate 90 % The activity in MSRs was as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning balance $ 477 $ 557 Valuation adjustment (40) (80) Ending balance $ 437 $ 477 The activity in IRLCs was as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning balance $ 22 $ 162 Valuation adjustment 78 (140) Ending balance $ 100 $ 22 AFS Securities The estimated fair values of AFS debt securities are obtained from a nationally-recognized pricing service. This pricing service develops estimated fair values by analyzing like securities and applying available market information through processes such as benchmark curves, benchmarking of like securities, sector groupings, and matrix pricing, to prepare valuations. Matrix pricing is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information, and the bond’s terms and conditions, among other things, and are based on market data obtained from sources independent from the Bank. We consider our U.S. Treasury securities to be Level 1. The Level 2 investments in the Bank’s portfolio are priced using those inputs that, based on the analysis prepared by the pricing service, reflect the assumptions that market participants would use to price the assets. The Bank has determined that the Level 2 designation is appropriate for these securities because, as with most fixed-income securities, those in the Bank’s portfolio are not exchange-traded, and such nonexchange-traded fixed income securities are typically priced by correlation to observed market data. LHFS LHFS are carried at fair value, which is determined based on outstanding investor commitments or, in the absence of such commitments, on current investor yield requirements or third-party pricing models. MSRs The fair value of MSRs is determined using a valuation model administered by a third party that calculates the present value of estimated future net servicing income. The model incorporates assumptions that market participants use in estimating future net servicing income, including estimates of prepayment speeds, discount rate, default rates, cost to service (including delinquency and foreclosure costs), escrow account earnings, contractual servicing fee income, and other ancillary income such as late fees. Management reviews all significant assumptions on a quarterly basis. Mortgage loan prepayment speed, a key assumption in the model, is the annual rate at which borrowers are forecasted to repay their mortgage loan principal. The discount rate used to determine the present value of estimated future net servicing income, another key assumption in the model, is an estimate of the required rate of return investors in the market would require for an asset with similar risk. Both assumptions can, and generally will, change as market conditions and interest rates change. IRLCs We utilize a third-party specialist model to estimate the fair value of our IRLCs, which are valued based upon mandatory pricing quotes from correspondent lenders less estimated costs to process and settle the loan. Fair value is adjusted for the estimated probability of the loan closing with the borrower. Forward Contracts To avoid interest rate risk, we enter into best efforts forward sales commitments with investors at the time we make an IRLC to a borrower. Once a loan has been closed and funded, the best efforts commitments convert to mandatory forward sales commitments. The mandatory commitments are derivatives, and we measure and report them at fair value. Fair value is based on the gain or loss that would occur if we were to pair-off the transaction with the investor at the measurement date. This is a level 2 input. We have elected to measure and report best efforts commitments at fair value using a valuation methodology similar to that used for mandatory commitments. Assets Measured on a Nonrecurring Basis We may be required, from time to time, to measure certain other assets at fair value on a nonrecurring basis. These adjustments to fair value usually result from application of LCM accounting or write-downs of individual assets. For assets measured at fair value on a nonrecurring basis, the following tables provide the level of valuation assumptions used to determine each adjustment and the carrying value of assets as of December 31: 2018 Significant Other Significant Quoted Observable Unobservable Carrying Prices Inputs Inputs Range of Weighted Value (Level 1) (Level 2) (Level 3) Discount (1) Average (dollars in thousands) Impaired loans $ 5,678 $ — $ — $ 5,678 0% - 16% 6.7 % (1) Discount based on current market conditions and estimated selling costs 2017 Significant Other Significant Quoted Observable Unobservable Carrying Prices Inputs Inputs Range of Weighted Value (Level 1) (Level 2) (Level 3) Discount (1) Average (dollars in thousands) Impaired loans $ 2,793 $ — $ — $ 2,793 0% - 33% 14.5 % Real estate acquired through foreclosure 178 — — 178 0% - 22% 11.5 % (1) Discount based on current market conditions and estimated selling costs Impaired Loans Impaired loans are those for which we have measured impairment based on the present value of expected future cash flows or on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. If it is determined that the repayment of the loan will be provided solely by the underlying collateral, and there are no other available and reliable sources of repayment, the loan is considered collateral dependent. Impaired loans that are considered collateral dependent are carried at the LCM. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The use of independent appraisals and management’s best judgment are significant inputs in arriving at the fair value measure of the underlying collateral and impaired loans are therefore classified within level 3 of the fair value hierarchy. For such loans that are classified as impaired, an Allowance is established when the present value of the expected future cash flows of the impaired loan is lower than the carrying value of that loan. For such impaired loans that are classified as collateral dependent, an Allowance is established when the current market value of the underlying collateral less its estimated disposal costs has not been finalized, but management determines that it is likely that the value is lower than the carrying value of that loan. Once the net collateral value has been determined, a charge-off is taken for the difference between the net collateral value and the carrying value of the loan. Real Estate Acquired Through Foreclosure We record foreclosed real estate assets at the fair value less estimated selling costs on their acquisition dates and at the lower of such initial amount or estimated fair value less estimated selling costs thereafter. We generally obtain certified external appraisals of real estate acquired through foreclosure and estimate fair value using those appraisals. Other valuation sources may be used, including broker price opinions, letters of intent, and executed sale agreements. Fair Value of All Financial Instruments The carrying value and estimated fair value of all financial instruments are summarized in the following tables. The descriptions of the fair value calculations for AFS securities, LHFS, MSRs, IRLCs, best efforts forward contracts, mandatory forward contracts, impaired loans, and real estate acquired through foreclosure are included in the discussions above. December 31, 2018 Carrying Fair Value Value Level 1 Level 2 Level 3 Total Assets: (dollars in thousands) Cash and cash equivalents $ 188,340 $ 188,340 $ — $ — $ 188,340 Certificates of deposit held for investment 8,780 8,780 — — 8,780 AFS securities 11,978 1,981 9,997 — 11,978 HTM securities 38,912 2,008 36,204 — 38,212 LHFS 9,686 — 9,686 — 9,686 Loans receivable, net 674,305 — — 670,512 670,512 Restricted stock investments 3,766 — 3,766 — 3,766 Accrued interest receivable 2,848 — 2,848 — 2,848 MSRs 437 — — 437 437 IRLCs 100 — — 100 100 Liabilities: Deposits 779,506 — 778,313 — 778,313 Accrued interest payable 419 — 419 — 419 Borrowings 73,500 — 69,210 — 69,210 Subordinated debentures 20,619 — — 20,619 20,619 Mandatory forward contracts 16 — 16 — 16 December 31, 2017 Carrying Fair Value Value Level 1 Level 2 Level 3 Total Assets: (dollars in thousands) Cash and cash equivalents $ 21,853 $ 21,853 $ — $ — $ 21,853 Certificates of deposit held for investment 8,780 8,780 — — 8,780 AFS securities 10,119 — 10,119 — 10,119 HTM securities 54,303 5,056 48,948 — 54,004 LHFS 4,530 — 4,530 — 4,530 Loans receivable, net 660,096 — — 672,349 672,349 Restricted stock investments 4,489 — 4,489 — 4,489 Accrued interest receivable 2,640 — 2,640 — 2,640 MSRs 477 — — 477 477 IRLCs 22 — — 22 22 Mandatory forward contracts 13 — 13 — 13 Best effort forward contracts 3 — 3 — 3 Liabilities: Deposits 602,228 — 594,659 — 594,659 Accrued interest payable 395 — 395 — 395 Borrowings 88,500 — 81,303 — 81,303 Subordinated debentures 20,619 — — 20,619 20,619 At December 31, 2018 and 2017, the Bank had loan funding commitments of $115.0 million and $105.2 million, respectively, and standby letters of credit outstanding of $3.3 million and $3.5 million, respectively. The fair value of these commitments is nominal. Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about financial instruments. These estimates do not reflect any premium or discount that could result from a one-time sale of our total holdings of a particular financial instrument. Because no market exists for a significant portion of our financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. 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 estimates. The above information should not be interpreted as an estimate of the fair value of the Company since a fair value calculation is only provided for a limited portion of our assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between our disclosures and those of other companies may not be meaningful. There were no transfers between any of Levels 1, 2, and 3 for the years ended December 31, 2018 or 2017.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Note 18 - Related Party Transactions During the ordinary course of business, we make loans to our directors and their affiliates and several of our policy making officers on substantially the same terms, including interest rates and collateral, as those prevailing for comparable transactions with other customers. Transactions in related party loans were as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning Balance $ 6,455 $ 3,060 Additions 771 3,667 Repayments (3,598) (272) $ 3,628 $ 6,455 During January 2007, a law firm, in which the President of the Company and the Bank is a partner, entered into a five year lease agreement with a subsidiary of the Company. The term of the lease is five years with the option to renew the lease for three additional five year terms. The second option to renew was exercised in January 2017. The total rent payments received by the subsidiary were $281,000 and $276,000 for the years ended December 31, 2018 and 2017, respectively. The law firm also reimburses the Company for its share of common area maintenance and utilities. The total reimbursement amounted to $145,000 and $131,000, respectively, for the years ended December 31, 2018 and 2017. In addition, the law firm represents the Company and the Bank in certain legal matters. The fees for services rendered by that firm were $158,000 and $149,000 for the years ended December 31, 2018 and 2017 respectively. Total related party deposits in the Bank amounted to $3.9 million at December 31, 2018. Additionally, the law firm of the President of the Company and Bank, described above, maintained deposits in the Bank of $270,000 at December 31, 2018.

Parent Company Financial Statem

Parent Company Financial Statements	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Statements [Abstract]
Parent Company Financial Statements	Note 19 - Parent Company Financial Statements The following is financial information of Severn Bancorp (parent company only): Statements of Financial Condition December 31, 2018 2017 ASSETS (dollars in thousands) Cash $ 1,378 $ 1,310 Equity in net assets of subsidiaries: Bank 115,799 108,735 Nonbank 4,152 3,886 Other assets 1,431 1,421 Total assets $ 122,760 $ 115,352 LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Subordinated debentures $ 20,619 $ 20,619 Other liabilities 3,688 3,633 Total liabilities 24,307 24,252 Stockholders' Equity 98,453 91,100 Total liabilities and stockholders' equity $ 122,760 $ 115,352 Statements of Operations Year Ended December 31, 2018 2017 (dollars in thousands) Interest income $ 1 $ — Interest expense on subordinated debentures 1,006 824 Net interest expense (1,005) (824) Dividend from subsidiary 2,215 820 General and administrative expenses (167) (218) Loss before income taxes and equity in undistributed net income of subsidiaries 1,043 (222) Income tax benefit 159 71 Equity in undistributed net income of subsidiaries 7,367 2,969 Net income 8,569 2,818 Other comprehensive loss item - Unrealized holding losses on AFS securities arising during the period (net of tax benefit of $14 and $22) (38) (35) Total comprehensive income $ 8,531 $ 2,783 Statements of Cash Flows Year Ended December 31, 2018 2017 Cash flows from operating activities: (dollars in thousands) Net income $ 8,569 $ 2,818 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries, net of dividend received from subsidiary (7,367) (2,969) Stock-based compensation 218 205 Deferred income taxes (80) (718) (Increase) decrease in other assets (120) 562 Increase (decrease) in accrued expenses and other liabilities 55 (7) Net cash used in operating activities 1,275 (109) Cash flows from financing activities: Preferred stock dividends (70) (280) Common stock dividends (1,511) — Repurchase of warrant — (520) Proceeds from common stock issuance 374 207 Net cash used in financing activities (1,207) (593) Increase (decrease) in cash and cash equivalents 68 (702) Cash and cash equivalents at beginning of period 1,310 2,012 Cash and cash equivalents at end of period $ 1,378 $ 1,310

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Event	Note 20 – Subsequent Event On February 26, 2019, the Company’s Board of Directors declared a $0.03 per share dividend to stockholders of record on March 8, 2019, payable on March 18, 2019.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accounting and reporting policies of Severn Bancorp, Inc. and subsidiaries (the “Company”) conform to accounting principles generally accepted in the United States of America (“U.S.”) (“GAAP”). Events occurring after the date of the financial statements up to April 17 , 2019, the date the financial statements were available to be issued, were considered in the preparation of the consolidated financial statements.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Severn Bancorp, Inc., and its wholly-owned subsidiaries, Mid-Maryland Title Company, Inc. (the “Title Company”), SBI Mortgage Company and SBI Mortgage Company’s subsidiary, Crownsville Development Corporation, and its subsidiary, Crownsville Holdings I, LLC, and Severn Savings Bank, FSB (the “Bank”), and the Bank’s subsidiaries, Louis Hyatt, Inc., Homeowners Title and Escrow Corporation, Severn Financial Services Corporation, SSB Realty Holdings, LLC, SSB Realty Holdings II, LLC, and HS West, LLC. All intercompany accounts and transactions have been eliminated in the accompanying consolidated financial statements.
Acquisition	Acquisition On September 1, 2017, we acquired the Title Company by issuing common stock in a business combination. We issued 108,084 shares in the transaction valued at $775,000. We recorded $770,000 in goodwill in the transaction. The acquisition continues our growth strategy and focus on being a full-service provider and complements the mortgage services, commercial banking services, and commercial real estate services we provide.
Use of Estimates	Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported amounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for loan losses and the related allowance for loan losses (“Allowance”), determination of impaired loans and the related measurement of impairment, valuation of investment securities, valuation of real estate acquired through foreclosure, valuation of share-based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, and the calculation of current and deferred income taxes and the realizability of deferred tax assets. Change in Accounting Estimate During the fourth quarter of 2018, the Bank changed its metholdology for estimating the adequacy of the Allowance. The change in accounting estimate was due to the Bank identifying certain loss factors which allowed the us to anchor the qualitative loss factor adjustments back to our loss history. This change in estimate did not have any impact on the current period provision for loan losses, rather, it resulted in re-allocation of existing Allowances between loan classifications.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid securities with original maturities of three months or less to be cash equivalents. For reporting purposes, assets grouped in the Consolidated Statements of Financial Condition under the captions “Cash and due from banks” and “Federal funds sold and interest‑bearing deposits in other banks” are considered cash or cash equivalents. For financial statement purposes, these assets are carried at cost. Federal funds sold and interest-bearing deposits in other banks generally have overnight maturities and are in excess of amounts that would be recoverable under Federal Deposit Insurance Corporation (“FDIC”) insurance.
Revenue Recognition	Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers , effective January 1, 2018, establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The majority of our revenue-generating transactions are not subject to ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage-banking and mortgage servicing activities. Our revenue-generating activities that are within the scope of ASC 606, which are presented in our income statements as components of noninterest income, are service charges on deposit accounts, real estate commissions, real estate management fees, and title company revenue. Service Charges on Deposit Accounts Service charges on deposit accounts represent general service fees for monthly account maintenance and activity - or transaction-based fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed (such as a wire transfer). Payment for such performance obligations are generally received at the time the performance obligations are satisfied. Real Estate Commissions Real Estate Commissions represent commissions received on properties sold. Revenue is recognized when our performance obligation is completed, which is generally the time the property is sold and payment has been received. Real Estate Management Fees Real Estate Management Fees represent monthly fees received on property maintenance and management. We perform daily services for these fees and bill for those services on a monthly basis. We have determined that each day of the performance of the services represents a distinct service. The overall service of property management each day is substantially the same and has the same pattern of transfer (daily) over the term of the contract. Further, each distinct day of service represents a performance obligation that would be satisfied over time (over the length of the contract, not at a point in time) and has the same measure of progress (elapsed time). Management has therefore determined that property management services are a single performance obligation composed of a series of distinct services. In performing the daily management activities, the customer is simultaneously receiving and consuming the benefits provided by our performance of the contract. Revenue is earned evenly and daily over the life of the contract. For purposes of expedience, we record the fees when monthly invoices are processed. Each month contains 1/12 of the contract revenue. Title Company Revenue Title Company Revenue consists of revenue earned on performing title work for real estate transactions. The revenue is earned when the title work is performed. Payment for such performance obligations generally occurs at the time of the settlement of a real estate transaction. As such settlement is generally within 90 days of the performance of the title work, we recognize the revenue at the time of the settlement. All contract acquisition costs are expensed as incurred. We had no contract assets or liabilities at December 31, 2018.
Securities	Securities We designate securities into one of three categories at the time of purchase. Debt securities that we have the intent and ability to hold to maturity are classified as held to maturity (“HTM”) and recorded at amortized cost. Debt securities are classified as trading if bought and held principally for the purpose of sale in the near term. Trading securities are reported at estimated fair value, with unrealized gains and losses included in earnings. Debt securities not classified as HTM securities or trading securities are considered available for sale (“AFS”) and are reported at estimated fair value, with unrealized gains and losses reported as a separate component of stockholders’ equity, net of tax effects, in accumulated other comprehensive loss. AFS and HTM securities are evaluated periodically to determine whether a decline in their value is other than temporary. The term “other than temporary” is not intended to indicate a permanent decline in value. Rather, it means that the prospects for near-term recovery of value are not necessarily favorable, or that there is a lack of evidence to support fair values equal to, or greater than, the carrying value of the security. The initial indications of other-than-temporary impairment (“OTTI”) for debt securities are a decline in the market value below the amount recorded for a security and the severity and duration of the decline. In determining whether an impairment is other than temporary, we consider the length of time and the extent to which the market value has been below cost, recent events specific to the issuer, including investment downgrades by rating agencies and economic conditions of its industry, our intent to sell the security, and if it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. We also consider the cause of the price decline (general level of interest rates and industry- and issuer-specific factors), the issuer’s financial condition, near-term prospects and current ability to make future payments in a timely manner, the issuer’s ability to service debt, and any change in agencies’ ratings at evaluation date from acquisition date and any likely imminent action. Once a decline in value is determined to be other than temporary, the security is segmented into credit- and noncredit-related components. Any impairment adjustment due to identified credit-related components is recorded as an adjustment to current period earnings, while noncredit-related fair value adjustments are recorded through accumulated other comprehensive loss. In situations where we intend to sell or it is more likely than not that we will be required to sell the security, the entire OTTI loss is recognized in earnings.
Loans Held for Sale ("LHFS")	Loans Held for Sale (“LHFS”) Mortgage loans originated for sale are carried at fair value. Fair value is determined based on outstanding investor commitments or, in the absence of such commitments, on current investor yield requirements or third-party pricing models. Gains and losses on loan sales are determined using the specific-identification method and are recognized through mortgage-banking revenue in the Consolidated Statement of Operations. LHFS are sold either with the mortgage servicing rights (“MSRs”) released or retained by the Bank.
Loans Receivable	Loans Receivable Our loans receivable are stated at their principal balance outstanding, net of related deferred fees and costs. Residential lending is generally considered to involve less risk than other forms of lending, although payment experience on these loans is dependent to some extent on economic and market conditions in the Bank’s lending area. Multifamily residential, commercial, construction, and other loan repayments are generally dependent on the operations of the related properties or the financial condition of the borrower or guarantor. Accordingly, repayment of such loans can be more susceptible to adverse conditions in the real estate market and the regional economy. A substantial portion of the Bank’s loans receivable consists of mortgage loans secured by residential and commercial real estate properties located in the State of Maryland. Loans are extended only after evaluation by management of customers’ creditworthiness and other relevant factors on a case-by-case basis. The Bank generally does not lend more than 80% of the appraised value of a property and requires private mortgage insurance on residential mortgages with loan-to-value (“LTV”) ratios in excess of 80%. In addition, the Bank generally obtains personal guarantees of repayment from borrowers and/or others for construction, commercial, and multifamily residential loans and disburses the proceeds of construction and similar loans only as work progresses on the related projects.
Income recognition	Income recognition Interest income on loans is accrued at the contractual rate based on the outstanding principal balance. Loan origination fees and certain direct loan origination costs are deferred and amortized as a yield adjustment over the contractual loan term or until the date of sale or disposition. Accrual of interest is discontinued when its receipt is in doubt, which typically occurs when a loan becomes impaired. Any interest accrued to income in the year when interest accruals are discontinued is generally reversed. Management may elect to continue the accrual of interest when a loan is in the process of collection and the estimated fair value of the collateral is sufficient to satisfy the principal balance and accrued interest. See additional information on nonaccrual interest and loan impairment later in this section.
Fees and costs	Fees and costs Origination and commitment fees and direct origination costs on loans held for investment generally are deferred and amortized to income over the contractual lives of the related loans using the interest method. Under certain circumstances, commitment fees are recognized over the commitment period or upon expiration of the commitment. Fees to extend loans three months or less are recognized in income upon receipt. Unamortized loan fees are recognized in income when the related loans are sold or prepaid.
Transfers of LHFS	Transfers of LHFS In accordance with Financial Accounting Standards Board (“FASB”) guidance on mortgage-banking activities, any loans which are originally originated for sale into the secondary market and which we subsequently elect to transfer into the Company’s loan portfolio are valued at lower of cost or market value (“LCM”) at the time of the transfer with any decline in value recorded as a charge against mortgage-banking revenue.
Troubled Debt Restructured Loans ("TDR" or "TDRs")	Troubled Debt Restructured Loans (“TDR” or “TDRs”) We strive to identify borrowers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches nonaccrual status. In situations where, for economic or legal reasons related to a borrower’s financial difficulties, we may grant a concession for other than an insignificant period of time to the borrower that would not otherwise be considered, the related now-modified loan is classified as a TDR. These modified terms may include rate reductions, principal forgiveness, payment extensions, payment forbearance, and/or other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. These loans are excluded from pooled loss forecasts and a separate reserve is provided under the accounting guidance for loan impairment. At the time that a loan is modified, we evaluate any possible impairment based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, except when the sole remaining source of repayment for the loan is the liquidation of the collateral. In these cases, we use the current fair value of the collateral, less selling costs, instead of discounted cash flows. Any impairment amount is then set up as an allocated portion of the Allowance.
Loan Impairment	Loan Impairment A loan is considered impaired if it meets any of the following three criteria: · Loans that are 90 days or more in arrears (nonaccrual loans); · Loans where, based on current information and events, it is probable that a borrower will be unable to pay all amounts due according to the contractual terms of the loan agreement; or · Loans that are modified and qualify as TDRs. If a loan is considered to be impaired, it is then determined to be either cash flow or collateral dependent for purposes of measuring an apprpopriate Allowance (see Allowance discussion below).
Nonaccrual Interest	Nonaccrual Interest The accrual of interest on loans is discontinued at the time the loan is 90 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed in nonaccrual status or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed in nonaccrual status or charged off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, generally after six months of consecutive current payments and an updated analysis of the borrower’s ability to service the loan. Our policy for recording payments received on nonaccrual loans is to record the payment towards principal and interest on a cash basis until such time as the loan is returned to accrual status. Loans that experience insignificant payment delays and payment shortfalls generally are not placed in nonaccrual status or classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.
Allowance for Loan Losses	Allowance for Loan Losses The Allowance is maintained at an amount that management believes will be adequate to absorb losses on existing loans that may become uncollectible, based on evaluations of the collectability of loans and prior loan loss experience. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions that may affect the borrowers’ ability to pay. Determining the amount of the Allowance requires the use of estimates and assumptions. Actual results could differ significantly from those estimates. Future additions or reductions in the Allowance may be necessary based on changes in economic conditions, particularly in Anne Arundel County and the State of Maryland. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Bank’s Allowance. Such agencies may require the Bank to recognize additions to the Allowance based on their judgment about information available to them at the time of their examination. The Allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. When a real estate secured loan becomes impaired, a decision is made as to whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the LTV ratio based on the original appraisal, and the condition of the property. Appraised values are discounted, if appropriate, to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For loans secured by collateral other than real estate, such as accounts receivable, inventory, and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging, or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. For such loans that are classified as impaired, an Allowance is established when the current fair value of the underlying collateral less its estimated disposal costs has not been finalized, but management determines that it is likely that the value is lower than the carrying value of that loan. Once the net collateral value has been determined, a charge off is taken for the difference between the net collateral value and the carrying value of the loan. For loans that are not solely collateral dependent, an Allowance is established when the present value of the expected future cash flows of the impaired loan is lower than the carrying value of the loan. The general component relates to loans that are classified as doubtful, substandard, or special mention that are not considered impaired, as well as nonclassified loans. The general reserve is based on historical loss experience adjusted for qualitative factors. These qualitative factors include, but are not limited to: · Levels and trends in delinquencies and nonaccruals; · Inherent risk in the loan portfolio; · Trends in volume and terms of the loan; · Effects of any change in lending policies and procedures; · Experience, ability, and depth of management; · National and local economic trends and conditions; · Effect of any changes in concentration of credit; and · Industry conditions. We assign risk ratings to the loans in our portfolio. These credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful, and loss. Loans classified special mention have potential weaknesses that warrant management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the Allowance. Loans not classified are rated pass. With respect to all loan segments, we do not charge off a loan, or a portion of a loan, until one of the following conditions have been met: · The property collateralizing the loan has been foreclosed upon. At the time of foreclosure, a charge-off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral; · An agreement to accept less than the recorded balance of the loan has been made with the borrower. Once an agreement has been finalized and any proceeds from the borrower are received, a charge-off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral; or · The collateral valuation on a collateral dependent impaired loan is less than the recorded balance. The loan is charged off for accounting purposes by the amount of the difference between the recorded balance and collateral value.
Real Estate Acquired Through Foreclosure	Real Estate Acquired Through Foreclosure Real estate acquired through or in the process of foreclosure is recorded at fair value less estimated disposal costs. Management periodically evaluates the recoverability of the carrying value of the real estate acquired through foreclosure using estimates as described under “Allowance for Loan Losses” above. In the event of a subsequent change in fair value, the carrying amount is adjusted to the lesser of the new fair value, less disposal costs, or the carrying value recorded at acquisition. The amount of the change is charged or credited to noninterest expense. Expenses on real estate acquired through foreclosure incurred prior to the disposition of the property, such as maintenance, insurance and taxes, and physical security, are charged to expense. Material expenses that improve the property to its best use are capitalized to the property. If a foreclosed property is sold for more or less than the carrying value, a gain or loss is recognized upon the sale of the property.
Restricted Stock Investments	Restricted Stock Investments Our restricted stock investments include stock of the Federal Home Loan Bank of Atlanta (the “FHLB”) and capital stock of a bankers’ bank. Our investment in the FHLB stock is an equity interest in the FHLB, which does not have a readily determinable fair value for purposes of GAAP because its ownership is restricted and it lacks a market. FHLB stock can be sold back only at par value of $100 per share and only to the FHLB or another member institution. The Bank’s investment in the capital stock of the bankers’ bank is carried at cost as no readily available market exists for this stock and it has no quoted market value. During 2018, we wrote off one such stock in the amount of $100,000 that we held at December 31, 2017 as the Bankers bank was announced to be liquidating. We evaluated the FHLB stock for impairment in accordance with GAAP. The Bank’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLB, and (4) the liquidity position of the FHLB. Management has evaluated the FHLB stock for impairment and believes that no impairment charge is necessary as of December 31, 2018.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Depreciation and amortization of premises and equipment is accumulated by the use of the straight-line method over the estimated useful lives of the assets. Additions and improvements are capitalized, and charges for repairs and maintenance are expensed when incurred. The related cost and accumulated depreciation are eliminated from the accounts when an asset is sold or retired and the resultant gain or loss is credited or charged to income.
Bank Owned Life Insurance ("BOLI")	Bank Owned Life Insurance (“BOLI”) BOLI is carried at the aggregate cash surrender value of life insurance policies owned where the Company or its subsidiary is named beneficiary. Increases in cash surrender value derived from crediting rates for underlying insurance policies is credited to noninterest income.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess purchase price paid over the fair value of the net assets acquired in a business combination and is allocated to the Bank’s reporting units. Based upon an in-depth analysis performed in accordance with FASB guidance, we have determined that we have one reporting unit – commercial and consumer banking. Goodwill is not amortized but is tested for impairment periodically. We assess goodwill for potential impairment annually as of September 30, or during the year if an event or other circumstance indicates that we may not be able to recover the carrying amount of the asset. As of September 30, 2018, we determined that there was no evidence of impairment of goodwill.
Income Taxes	Income Taxes Deferred income taxes are recognized for the tax consequences of temporary differences between financial statement carrying amounts and the tax bases of assets and liabilities. Deferred income taxes are provided on income and expense items when they are reported for financial statement purposes in periods different from the periods in which these items are recognized in the income tax returns. Deferred tax assets are recognized only to the extent that it is more likely than not that such amounts will be realized based upon consideration of available evidence, including tax planning strategies and other factors. The calculation of tax assets and liabilities is complex and requires the use of estimates and judgment since it involves the application of complex tax laws that are subject to different interpretations by us and the various tax authorities. These interpretations are subject to challenge by the tax authorities upon audit or to reinterpretation based on management’s ongoing assessment of facts and evolving case law. Periodically and in the ordinary course of business, we are involved in inquiries and reviews by tax authorities that normally require management to provide supplemental information to support certain tax positions we take in our tax returns. Uncertain tax positions are initially recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions are initially and subsequently measured as the largest amount of tax benefit or liability that is greater than 50% likely of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and all relevant facts. For tax positions not meeting the “more likely than not” test, no tax benefit or liability is recorded. Management believes it has taken appropriate positions on its tax returns, although the ultimate outcome of any tax review cannot be predicted with certainty. No assurance can be given that the final outcome of these matters will not be different than what is reflected in the financial statements. We recognize interest and penalties related to income tax matters in income tax expense.
Comprehensive Income	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains, and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on AFS securities, are reported as a separate component of the equity section of the consolidated statements of financial condition, and, along with net income, are components of comprehensive income. The Company’s sole component of accumulated other comprehensive loss is unrealized gains/losses on AFS securities.
Derivative Financial Instruments and Hedging	Derivative Financial Instruments and Hedging We account for derivatives in accordance with FASB literature on accounting for derivative instruments and hedging activities. When we enter into a derivative contract, we designate the derivative as held for trading, an economic hedge, or a qualifying hedge as detailed in the literature. The designation may change based upon management’s reassessment or changing circumstances. Derivatives utilized by the Company include interest rate lock commitments (“IRLC” or “IRLCs”) and forward settlement contracts. IRLCs occur when we originate mortgage loans with interest rates determined prior to funding. Forward settlement contracts are agreements to buy or sell a quantity of a financial instrument, index, currency, or commodity at a predetermined future date, and rate or price. We designate at inception whether a derivative contract is considered hedging or nonhedging. All of our derivatives are nonexchange traded contracts, and as such, their fair value is based on dealer quotes, pricing models, discounted cash flow methodologies, or similar techniques for which the determination of fair value may require significant management judgment or estimation. For qualifying hedges, we formally document at inception all relationships between hedging instruments and hedged items, as well as risk management objectives and strategies for undertaking various accounting hedges. We utilize derivatives to manage interest rate sensitivity in certain cases. At December 31, 2018 and 2017, we did not have any designated hedges as we do not designate IRLCs or forward sales commitments on residential mortgage originations as hedges. We recognize any gains and losses on IRLCs and forward sales commitments on residential mortgage originations through mortgage-banking revenue in the Consolidated Statements of Operations.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets We continually monitor events and changes in circumstances that could indicate that our carrying amounts of long-lived assets, including intangible assets, may not be recoverable. When such events or changes in circumstances occur, we assess the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through their undiscounted expected future cash flows. If the future undiscounted cash flows are less than the carrying amount of these assets, we recognize an impairment loss based on the excess of the carrying amount over the fair value of the assets.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through a requirement to repurchase them before their maturity.
Advertising Costs	Advertising Costs We expense our advertising costs as incurred, except payments for major sponsorships which are amortized over an estimated life not to exceed one year. Advertising expenses were $1.0 million and $788,000 for the years ended December 31, 2018 and 2017, respectively.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Pronouncements Adopted In May 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014 ‑ 09, Revenue from Contracts with Customers , as amended by ASU 2015 ‑ 14, Revenue from Contracts with Customers: Deferral of the Effective Date , ASU 2016 ‑ 08, Revenue from Contracts with Customers: Principal Versus Agent Considerations (Reporting Revenue Gross Versus Net) , ASU 2016 ‑ 10, Revenue from Contracts with Customers, Identifying Performance Obligations and Licensing , ASU 2016 ‑ 12, Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients, ASU 2016 ‑ 20, Technical Corrections and Improvements to Topic 606 , Revenue from Contracts with Customers , that provides accounting guidance for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to customers. The guidance also provides for a model for the measurement and recognition of gains and losses on the sale of certain nonfinancial assets, such as property and equipment, including real estate. We adopted the pronouncement on January 1, 2018 and elected the modified retrospective transition method. There was no material impact to the financial statements. Our accounting policies and revenue recognition principles did not change materially as the principles of ASC 606 are largely consistent with the previous revenue recognition practices. See additional information on revenue recognition above. In January 2016, FASB issued ASU No. 2016 ‑ 01, Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities , which requires entities to measure equity investments at fair value and recognize changes on fair value in net income. The guidance also provides a new measurement alternative for equity investments that do not have readily determinable fair values and don’t qualify for the net asset value practical expedient. The standard requires entities to record changes in instrument–specific credit risk for financial liabilities measured under the fair value option in other comprehensive income, except for certain financial liabilities of consolidated collateralized financing entities. Entities also have to reassess the realizability of a deferred tax asset related to an AFS debt security in combination with their other deferred tax assets. The adoption of this standard did not have a material impact on the Company’s financial position, results of operations, or cash flows. In August 2016, FASB issued ASU No. 2016 ‑ 15, Classification of Certain Cash Receipts and Cash Payments , which provides guidance regarding the presentation of certain cash receipts and cash payments in the statement of cash flows, addressing eight specific cash flow classification issues, in order to reduce existing diversity in practice. The adoption of ASC No. 2016 ‑ 15 did not have a material impact on our financial position, results of operations, or cash flows. In May 2017, FASB issued ASU No. 2017 ‑ 09, Stock Compensation (Topic718): Scope of Modification Accounting, which amends ASC Topic 718, Stock Compensation, to provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting per ASC Topic 718. The amendments clarify that modification accounting only applies to an entity if the fair value, vesting conditions, or classification of the award changes as a result of changes in the terms or conditions of a share-based payment award. The ASU should be applied prospectively to awards modified on or after the adoption date. We adopted the standard on January 1, 2018 with no material impact on the Company’s financial position, results of operations, or cash flows. Pronouncements Issued In February 2016, FASB issued ASU 2016‑02, Leases , which requires a lessee to recognize the assets and liabilities that arise from all leases with a term greater than 12 months. The core principle requires the lessee to recognize a liability to make lease payments and a right-of-use (“ROU”) asset. The accounting applied by the lessor is relatively unchanged. The ASU also requires expanded qualitative and quantitative disclosures. For public business entities, the guidance was effective for interim and annual reporting periods beginning after December 15, 2018 and mandates a modified retrospective transition for all entities. We adopted this standard in the first quarter of 2019 using the option to apply the transition provisions of the new standard at the adoption date instead of the earliest period presented as provided in ASU 2018-11. Additionally, the Company elected to apply all practical expedients as provided in ASU 2016-02, with the exception of the hindsight practical expedient which was not elected. As a result of the adoption of this standard, effective January 1, 2019, the Company recognized an ROU asset of $2.6 million to be recorded in other assets on the balance sheet and a lease liability of $2.7 million to be recorded in other liabilities on the balance sheet. The lease liability represents the present value of the future payments on five leased properties and six leased pieces of equipment within the Company’s footprint, while the ROU asset reflects the lease liability adjusted for deferred rent balances of the respective properties as of the adoption date of January 1, 2019. The Company expects its regulatory capital ratios to remain above the thresholds necessary to be classified as a “well capitalized” institution. In June 2016, FASB issued ASU No. 2016 ‑ 13, Financial Instruments – Credit Losses , which sets forth a current expected credit loss (“CECL”) model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. While we are currently in the process of evaluating the impact of the amended guidance on our Consolidated Financial Statements, we currently expect the Allowance to increase upon adoption given that the Allowance will be required to cover the full remaining expected life of the portfolio upon adoption, rather than the incurred loss model under current GAAP. The extent of this increase is still being evaluated and will depend on economic conditions and the composition of our loan and lease portfolio at the time of adoption. In March 2017, FASB issued ASU No. 2017 ‑ 08, Receivables - Nonrefundable Fees and Other costs , which provides guidance that calls for the shortening of the amortization period for certain callable debt securities held at a premium. The standard is effective for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. We do not expect the adoption of ASC No. 2017 ‑ 08 to have a material impact on our financial position, results of operations, or cash flows. In February 2018, FASB issued ASU No. 2018-02, Reclassification of Certain Tax Effects From Accumulated Other Comprehensive Income , which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act (“Tax Act”). The ASU is effective for all entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of ASU No. 2018-02 to have a material impact on its financial position, results of operations, or cash flows.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2018
Securities [Abstract]
Amortized cost and fair value of investment securities AFS	The amortized cost and estimated fair values of our AFS securities portfolio were as follows as of December 31: 2018 Amortized Unrealized Unrealized Cost Gains Losses Fair Value (dollars in thousands) U.S. Treasury securities $ 1,992 $ — $ 11 $ 1,981 U.S. government agency notes 10,086 — 89 9,997 $ 12,078 $ — $ 100 $ 11,978 2017 Amortized Unrealized Unrealized Cost Gains Losses Fair Value (dollars in thousands) U.S. government agency notes $ 10,169 $ — $ 50 $ 10,119 $ 10,169 $ — $ 50 $ 10,119
Amortized cost and fair value of investment securities held to maturity	The amortized cost and estimated fair values of our HTM securities portfolio were as follows as of December 31: 2018 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (dollars in thousands) U.S. Treasury securities $ 1,991 $ 17 $ — $ 2,008 U.S. government agency notes 11,992 45 92 11,945 Mortgage-backed securities 24,929 6 676 24,259 $ 38,912 $ 68 $ 768 $ 38,212 2017 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (dollars in thousands) U.S. Treasury securities $ 4,994 $ 68 $ 6 $ 5,056 U.S. government agency notes 19,004 81 99 18,986 Mortgage-backed securities 30,305 27 370 29,962 $ 54,303 $ 176 $ 475 $ 54,004
Schedule of AFS securities in an unrealized loss position	Gross unrealized losses and fair value by length of time that the individual AFS securities have been in an unrealized loss position at the dates indicated are presented in the following tables as of December 31: 2018 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. Treasury securities 1 $ 990 $ 5 1 $ 991 $ 6 2 $ 1,981 $ 11 U.S. government agency notes — — — 8 9,997 89 8 9,997 89 1 $ 990 $ 5 9 $ 10,988 $ 95 10 $ 11,978 $ 100 2017 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. government agency notes 8 $ 10,119 $ 50 — $ — $ — 8 $ 10,119 $ 50 8 $ 10,119 $ 50 — $ — $ — 8 $ 10,119 $ 50
Schedule of temporary impairment losses	Gross unrealized losses and fair value by length of time that the individual HTM securities have been in an unrealized loss position at the dates indicated are presented in the following tables as of December 31: 2018 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. government agency notes — $ — $ — 10 $ 9,927 $ 92 10 $ 9,927 $ 92 Mortgage-backed securities — — — 18 24,011 676 18 24,011 676 — $ — $ — 28 $ 33,938 $ 768 28 $ 33,938 $ 768 2017 Less than 12 months 12 months or more Total # of Fair Unrealized # of Fair Unrealized # of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses (dollars in thousands) U.S. Treasury securities 2 $ 1,993 $ 6 — $ — $ — 2 $ 1,993 $ 6 U.S. government agency notes 7 6,977 23 7 6,964 76 14 13,941 99 Mortgage-backed securities 11 20,993 217 5 7,046 153 16 28,039 370 20 $ 29,963 $ 246 12 $ 14,010 $ 229 32 $ 43,973 $ 475
Amortized cost and estimated fair value of debt securities	Contractual maturities of debt securities at December 31, 2018 are shown below. Actual maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. AFS Securities HTM Securities Amortized Fair Amortized Fair Cost Value Cost Value (dollars in thousands) Due in one year or less $ 7,002 $ 6,961 $ 7,999 $ 7,965 Due after one through five years 5,076 5,017 5,984 5,988 Mortgage-backed securities — — 24,929 24,259 $ 12,078 $ 11,978 $ 38,912 $ 38,212

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2018
Loans Receivable and Allowance for Loan Losses [Abstract]
Summary of loans receivable	2018 2017 (dollars in thousands) Residential mortgage $ 276,389 $ 287,656 Commercial 35,884 37,356 Commercial real estate 244,088 236,302 Construction, land acquisition, and development 114,540 93,060 Home equity/2nds 13,386 15,703 Consumer 1,087 1,084 Total loans receivable 685,374 671,161 Unearned loan fees (3,025) (3,010) Loans receivable $ 682,349 $ 668,151
Changes in allowance for loan losses and recorded investment	2018 Residential Commercial Home Equity/ Mortgage Commercial Real Estate ADC 2nds Consumer Unallocated Total (dollars in thousands) Beginning Balance $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ — $ 8,055 Charge-offs (534) — (38) (34) — — — (606) Recoveries 228 — 424 — 243 — — 895 Net (charge-offs) recoveries (306) — 386 (34) 243 — — 289 (Reversal of) provision for loan losses (569) 2,209 (2,734) 1,037 (407) (1) 165 (300) Ending Balance $ 2,224 $ 2,736 $ 457 $ 2,239 $ 222 $ 1 $ 165 $ 8,044 Ending balance - individually evaluated for impairment $ 927 $ 430 $ 142 $ 32 $ 2 $ — $ — $ 1,533 Ending balance - collectively evaluated for impairment 1,297 2,306 315 2,207 220 1 165 6,511 $ 2,224 $ 2,736 $ 457 $ 2,239 $ 222 $ 1 $ 165 $ 8,044 Ending loan balance - individually evaluated for impairment $ 12,579 $ 430 $ 1,992 $ 1,278 $ 871 $ 76 $ 17,226 Ending loan balance - collectively evaluated for impairment 262,180 35,454 240,701 113,262 12,515 1,011 665,123 $ 274,759 $ 35,884 $ 242,693 $ 114,540 $ 13,386 $ 1,087 $ 682,349 2017 Residential Commercial Home Equity/ Mortgage Commercial Real Estate ADC 2nds Consumer Total (dollars in thousands) Beginning Balance $ 3,833 $ 478 $ 2,535 $ 1,390 $ 728 $ 5 $ 8,969 Charge-offs (726) — — — (98) (2) (826) Recoveries 375 — 157 — 30 — 562 Net (charge-offs) recoveries (351) — 157 — (68) (2) (264) (Reversal of) provision for loan losses (383) 49 113 (154) (274) (1) (650) Ending Balance $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ 8,055 Ending balance - individually evaluated for impairment $ 1,181 $ — $ 182 $ 48 $ — $ 2 $ 1,413 Ending balance - collectively evaluated for impairment 1,918 527 2,623 1,188 386 — 6,642 $ 3,099 $ 527 $ 2,805 $ 1,236 $ 386 $ 2 $ 8,055 Ending loan balance - individually evaluated for impairment $ 18,219 $ — $ 2,917 $ 991 $ — $ 84 $ 22,211 Ending loan balance - collectively evaluated for impairment 267,600 37,356 232,212 92,069 15,703 1,000 645,940 $ 285,819 $ 37,356 $ 235,129 $ 93,060 $ 15,703 $ 1,084 $ 668,151
Credit quality breakdown of loan portfolio by class	2018 Special Pass Mention Substandard Total (dollars in thousands) Residential mortgage $ 270,727 $ 827 $ 3,205 $ 274,759 Commercial 35,435 19 430 35,884 Commercial real estate 237,387 3,523 1,783 242,693 ADC 113,072 — 1,468 114,540 Home equity/2nds 12,536 434 416 13,386 Consumer 1,087 — — 1,087 $ 670,244 $ 4,803 $ 7,302 $ 682,349 2017 Special Pass Mention Substandard Total (dollars in thousands) Residential mortgage $ 279,040 $ 1,563 $ 5,216 $ 285,819 Commercial 37,312 44 — 37,356 Commercial real estate 227,573 4,615 2,941 235,129 ADC 91,868 — 1,192 93,060 Home equity/2nds 14,384 465 854 15,703 Consumer 1,084 — — 1,084 $ 651,261 $ 6,687 $ 10,203 $ 668,151
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans	2018 30-59 60-89 90+ Days Days Days Total Non- Past Due Past Due Past Due Past Due Current Total Accrual (dollars in thousands) Residential mortgage $ 1,060 $ — $ 1,794 $ 2,854 $ 271,905 $ 274,759 $ 2,580 Commercial — — 430 430 35,454 35,884 430 Commercial real estate 137 — 660 797 241,896 242,693 660 ADC 255 — 387 642 113,898 114,540 558 Home equity/2nds 96 — 428 524 12,862 13,386 428 Consumer 13 — — 13 1,074 1,087 — $ 1,561 $ — $ 3,699 $ 5,260 $ 677,089 $ 682,349 $ 4,656 2017 30-59 60-89 90+ Days Days Days Total Non- Past Due Past Due Past Due Past Due Current Total Accrual (dollars in thousands) Residential mortgage $ 1,006 $ — $ 2,535 $ 3,541 $ 282,278 $ 285,819 $ 3,891 Commercial — — 78 78 37,278 37,356 78 Commercial real estate 948 — — 948 234,181 235,129 159 ADC — — 239 239 92,821 93,060 314 Home equity/2nds — — 1,154 1,154 14,549 15,703 1,268 Consumer — — — — 1,084 1,084 — $ 1,954 $ — $ 4,006 $ 5,960 $ 662,191 $ 668,151 $ 5,710
Summary of Impaired loans	2018 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related Allowance: (dollars in thousands) Residential mortgage $ 7,054 $ 6,808 $ — $ 12,929 $ 11,572 $ — Commercial — — — — — — Commercial real estate 1,244 1,206 — 1,562 1,507 — ADC 1,142 1,143 — 636 636 — Home equity/2nds 1,290 859 — — — — Consumer — — — — — — With a related Allowance: Residential mortgage 5,888 5,771 927 6,761 6,647 1,181 Commercial 476 430 430 — — — Commercial real estate 795 786 142 1,410 1,410 182 ADC 135 135 32 392 355 48 Home equity/2nds 13 12 2 — — — Consumer 76 76 — 84 84 2 Totals: Residential mortgage 12,942 12,579 927 19,690 18,219 1,181 Commercial 476 430 430 — — — Commercial real estate 2,039 1,992 142 2,972 2,917 182 ADC 1,277 1,278 32 1,028 991 48 Home equity/2nds 1,303 871 2 — — — Consumer 76 76 — 84 84 2 2018 2017 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related Allowance: (dollars in thousands) Residential mortgage $ 9,232 $ 344 $ 10,072 $ 504 Commercial 47 30 — 44 Commercial real estate 1,223 52 2,423 70 ADC 542 52 516 29 Home equity/2nds 570 42 543 46 Consumer — — — — With a related Allowance: Residential mortgage 6,673 288 8,714 294 Commercial 86 71 30 — Commercial real estate 1,151 26 1,817 73 ADC 909 8 379 22 Home equity/2nds 7 1 572 1 Consumer 80 2 90 2 Totals: Residential mortgage 15,905 632 18,786 798 Commercial 133 101 30 44 Commercial real estate 2,374 78 4,240 143 ADC 1,451 60 895 51 Home equity/2nds 577 43 1,115 47 Consumer 80 2 90 2
Schedule of Troubled Debt Restructure Loans	Recorded Recorded Investment Investment Number of Prior to After Modifications Modification Modification (dollars in thousands) Residential Mortgage 1 $ 127 $ 127 1 $ 127 $ 127
Methods used to account for interest on TDRs	2018 Total Total Number of Accrual Number of Nonaccrual Number of Balance of Modifications Status Modifications Status Modifications Modifications (dollars in thousands) Residential mortgage 36 $ 9,469 3 $ 446 39 $ 9,915 Commercial real estate 2 1,019 — — 2 1,019 ADC 1 134 — — 1 134 Consumer 3 76 — — 3 76 42 $ 10,698 3 $ 446 45 $ 11,144 2017 Total Total Number of Accrual Number of Nonaccrual Number of Balance of Modifications Status Modifications Status Modifications Modifications (dollars in thousands) Residential mortgage 42 $ 11,631 2 $ 736 44 $ 12,367 Commercial real estate 3 1,862 1 78 4 1,940 ADC 1 137 1 6 2 143 Consumer 4 84 — — 4 84 50 $ 13,714 4 $ 820 54 $ 14,534

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Premises and Equipment [Abstract]
Summary of premises and equipment by major classification	Premises and equipment are summarized by major classification as follows at December 31: 2018 2017 (dollars in thousands) Land $ 1,537 $ 1,537 Building 29,755 29,500 Leasehold improvements 2,792 2,485 Furniture, fixtures, and equipment 3,178 2,868 Total, at cost 37,262 36,390 Less: Accumulated depreciation and amortization (14,517) (13,251) Net premises and equipment $ 22,745 $ 23,139
Minimum future annual rental payments on leases	Our minimum lease payments due for each of the next five years are as follows: Years Ended December 31, (in thousands) 2019 $ 366 2020 332 2021 267 2022 274 2023 229 Thereafter 1,775 $ 3,243
Minimum future annual rental income from leases	Our minimum future annual rental income on leases is as follows: Years Ended December 31, (in thousands) 2019 $ 922 2020 840 2021 378 2022 286 2023 194 Thereafter — $ 2,620

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Other Intangible Assets [Abstract]
Schedule of Goodwill	Our goodwill relates to the acquisition of Louis Hyatt, Inc. and the Title Company as follows as of and for the years ended December 31. During 2018, we reached the end of the period for determination of the goodwill for the Title Company. 2018 2017 Louis Hyatt Title Co. Total Louis Hyatt Title Co. Total (dollars in thousands) Beginning balance $ 334 $ 765 $ 1,099 $ 334 $ — $ 334 Goodwill acquired — 5 5 — 765 765 Ending balance $ 334 $ 770 $ 1,104 $ 334 $ 765 $ 1,099

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Schedule of deposits in the bank	2018 2017 (dollars in thousands) NOW $ 106,508 13.7 % $ 63,616 10.6 % Money market 203,351 26.1 % 103,649 17.2 % Savings 75,692 9.7 % 98,717 16.4 % Certificates of deposit 247,351 31.7 % 263,413 43.7 % Total interest-bearing deposits 632,902 81.2 % 529,395 87.9 % Noninterest-bearing deposits 146,604 18.8 % 72,833 12.1 % Total deposits $ 779,506 100.0 % $ 602,228 100.0 %
Scheduled of maturities of certificates of deposit	2018 2017 (dollars in thousands) One year or less $ 126,980 $ 137,357 Greater than one year to two years 62,040 43,020 Greater than two years to three years 38,140 33,791 Greater than three years to four years 16,942 34,680 Greater than four years to five years 3,249 14,565 $ 247,351 $ 263,413

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2018
Borrowings [Abstract]
Schedule of borrowings	2018 2017 Amount outstanding at year-end: (dollars in thousands) FHLB advances $ 70,000 $ 85,000 Commercial note payable 3,500 3,500 Weighted-average interest rate at year-end: FHLB advances 2.27 % 2.40 % Commercial note payable 4.25 % 4.25 % Maximum outstanding at any month-end: FHLB advances $ 96,000 $ 169,950 Commercial note payable 3,500 3,500 Average outstanding: FHLB advances $ 87,669 $ 91,456 Commercial note payable 3,500 3,500 Weighted-average interest rate during the year: FHLB advances 2.17 % 3.03 % Commercial note payable 5.04 % 5.04 %
Maturities of long-term advances	Principal Amount (in thousands) Fixed Rate Maturity $ 1.55% to 4.00% 2019 1.75% to 1.92% 2020 2.19% 2022 $

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2018
Regulatory Matters [Abstract]
Bank's actual capital amounts and ratios	Minimum Minimum To be Well Requirements Requirements Capitalized Under for Capital Adequacy with Capital Prompt Corrective Actual Purposes Conservation Buffer Action Provision Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2018 (dollars in thousands) Common Equity Tier 1 Capital (to risk-weighted assets) $ 114,749 17.4 % $ 29,651 4.5 % $ 42,006 6.4 % $ 42,830 6.5 % Total capital (to risk-weighted assets) 122,889 18.7 % 52,713 8.0 % 65,068 9.9 % 65,892 10.0 % Tier 1 capital (to risk-weighted assets) 114,749 17.4 % 39,535 6.0 % 51,890 7.9 % 52,713 8.0 % Tier 1 capital (to average quarterly assets) 114,749 13.5 % 33,932 4.0 % 49,838 5.9 % 42,415 5.0 % December 31, 2017 Common Equity Tier 1 Capital (to risk-weighted assets) $ 105,721 16.5 % $ 28,904 4.5 % $ 36,933 5.8 % $ 41,750 6.5 % Total capital (to risk-weighted assets) 113,758 17.7 % 51,385 8.0 % 59,414 9.3 % 64,231 10.0 % Tier 1 capital (to risk-weighted assets) 105,721 16.5 % 38,539 6.0 % 46,567 7.3 % 51,385 8.0 % Tier 1 capital (to average quarterly assets) 105,721 13.5 % 31,440 4.0 % 41,264 5.3 % 39,300 5.0 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings per share reconciliation	Information relating to the calculations of our income per common share is summarized as follows for the years ended December 31: 2018 2017 (dollars in thousands, except for per share data) Weighted-average shares outstanding - basic 12,585,961 12,160,983 Dilution 111,659 116,753 Weighted-average share outstanding - diluted 12,697,620 12,277,736 Net income available to common stockholders $ 8,499 $ 2,538 Net income per share - basic $ 0.68 $ 0.21 Net income per share - diluted $ 0.67 $ 0.21

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Information regarding stock option plan	Information regarding our stock-based compensation plan is as follows as of and for the years ended December 31: 2018 2017 Weighted- Weighted- Weighted- Average Aggregate Weighted- Average Aggregate Average Remaining Intrinsic Average Remaining Intrinsic Number Exercise Contractual Value Number Exercise Contractual Value of Shares Price Term (in years) (in thousands) of Shares Price Term (in years) (in thousands) Outstanding at beginning of period 434,025 $ 5.87 339,500 $ 5.31 Granted 6,500 7.41 115,800 7.22 Exercised (88,652) 4.21 (2,411) 3.37 Forfeited (2,850) 5.89 (18,864) 4.59 Outstanding at end of period 349,023 $ 6.32 3.4 $ 578 434,025 $ 5.87 6.7 $ 619 Exercisable at end of period 179,379 $ 5.75 2.6 $ 399 191,395 $ 4.85 6.3 $ 477
Stock options valuation assumptions	The following weighted average assumptions were used to value options granted for the years ended December 31: 2018 2017 Expected life 5.5 years 5.5 years Risk-free interest rate 2.67 % 2.15 % Expected volatility 32.20 % 33.79 % Expected dividend yield — — Weighted average per share fair value of options granted $ 2.57 $ 2.44

Other Noninterest Expense (Tabl

Other Noninterest Expense (Tables)	12 Months Ended
	Dec. 31, 2018
Other Noninterest Expense [Abstract]
Schedule of other noninterest expense	2018 2017 (dollars in thousands) Directors fees $ 246 $ 304 Stock expense 143 217 Insurance 238 195 Internal audit and compliance 242 259 Office expense, printing, and postage 420 434 Telephone 326 297 Loan expenses 217 121 Dues and subscriptions 141 111 OCC assessments 206 202 Other 828 611 Total other noninterest expense $ 3,007 $ 2,751

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Summary of income tax expense	Our income tax expense consists of the following for the years ended December 31: 2018 2017 (dollars in thousands) Current $ 25 $ 228 Deferred 2,952 4,794 Income tax expense $ 2,977 $ 5,022
Summary of income tax expense reconciliation	The income tax expense is reconciled to the amount computed by applying the federal corporate tax rates of 21% in 2018 and 34% in 2017 to the net income before taxes as follows for the years ended December 31: 2018 2017 Amount Rate Amount Rate (dollars in thousands) Tax at statutory federal rate $ 2,425 21.0 % $ 2,666 34.0 % Adjustment for rate change — — % 1,887 24.1 % State tax net of Federal income tax benefit 685 5.9 % 616 7.9 % Other adjustments (133) (1.1) % (147) (1.9) % $ 2,977 25.8 % $ 5,022 64.1 %
Summary of deferred tax assets and deferred tax liabilities	The tax effects of temporary differences between the financial reporting basis and income tax basis of assets and liabilities relate to the following at December 31: 2018 2017 Deferred tax assets: (dollars in thousands) Net operating loss carryforward $ 972 $ 3,446 Allowance 2,710 3,201 Reserve on real estate acquired through foreclosure — 135 Reserve for uncollected interest 192 108 Reserve for contingent liability 47 31 Charitable contributions 174 127 Unrealized losses on AFS securities 28 15 AMT 185 351 Total gross deferred tax assets 4,308 7,414 Deferred tax liabilities: FHLB stock dividends 57 61 Loan origination costs 734 534 Accelerated depreciation 817 1,122 Prepaid expenses 186 239 MSRs 120 140 Reserve on real estate acquired through foreclosure 3 — Other 28 16 Total gross deferred tax liabilities 1,945 2,112 Net deferred tax assets $ 2,363 $ 5,302

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies [Abstract]
Contract amounts for off-balance sheet instruments	The following table shows the contract amounts for our off-balance sheet instruments as of December 31: 2018 2017 (dollars in thousands) Standby letters of credit $ 3,321 $ 3,480 Home equity lines of credit 17,015 13,321 Unadvanced construction commitments 75,326 74,720 Mortgage loan commitments 1,649 595 Lines of credit 20,990 16,612 Loans sold and serviced with limited repurchase provisions 49,623 21,409

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value of Financial Instruments [Abstract]
Schedule of fair value measurements for assets and liabilities on a recurring basis	The following tables present fair value measurements for assets and liabilities that are measured at fair value on a recurring basis as of and for the year ended December 31, 2018: Significant Other Significant Total Changes Quoted Observable Unobservable In Fair Values Carrying Prices Inputs Inputs Included In Value (Level 1) (Level 2) (Level 3) Period Income Assets: (dollars in thousands) AFS Securities - U.S. Treasury and government agency notes $ 11,978 $ 1,981 $ 9,997 $ — $ — LHFS 9,686 — 9,686 — 192 MSRs 437 — — 437 (40) IRLCs 100 — — 100 78 Liabilities: Mandatory forward contracts 16 — 16 — (30) Best efforts forward contracts — — — — (3) The following tables present fair value measurements for assets and liabilities that are measured at fair value on a recurring basis as of and for the year ended December 31, 2017: Significant Other Significant Total Changes Quoted Observable Unobservable In Fair Values Carrying Prices Inputs Inputs Included In Value (Level 1) (Level 2) (Level 3) Period Income Assets: (dollars in thousands) AFS Securities - U.S. government agency notes $ 10,119 $ — $ 10,119 $ — $ — LHFS 4,530 — 4,530 — 131 MSRs 477 — — 477 (80) IRLCs 22 — — 22 (140) Mandatory forward contracts 13 — 13 — (140) Best efforts forward contracts 3 — 3 — 3
Schedule of additional quantitative information about assets measured at fair value on a recurring basis	The following table provides additional quantitative information about assets measured at fair value on a recurring basis and for which we have utilized Level 3 inputs to determine fair value: Fair Value Valuation Unobservable Range Estimate Technique Input (Weighted-Average) December 31, 2018: (dollars in thousands) MSRs $ 437 Market Approach Weighted average prepayment speed 9.80 % IRLCs 100 Market Approach Range of pull through rate 70% - 95 % Average pull through rate 84 % December 31, 2017: MSRs $ 477 Market Approach Weighted average prepayment speed 3.94 % IRLCs 22 Market Approach Range of pull through rate 80% - 95 % Average pull through rate 90 %
Schedule of activity of servicing assets at fair value	The activity in MSRs was as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning balance $ 477 $ 557 Valuation adjustment (40) (80) Ending balance $ 437 $ 477 The activity in IRLCs was as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning balance $ 22 $ 162 Valuation adjustment 78 (140) Ending balance $ 100 $ 22
Schedule of assets measured at fair value on a nonrecurring basis	For assets measured at fair value on a nonrecurring basis, the following tables provide the level of valuation assumptions used to determine each adjustment and the carrying value of assets as of December 31: 2018 Significant Other Significant Quoted Observable Unobservable Carrying Prices Inputs Inputs Range of Weighted Value (Level 1) (Level 2) (Level 3) Discount (1) Average (dollars in thousands) Impaired loans $ 5,678 $ — $ — $ 5,678 0% - 16% 6.7 % (1) Discount based on current market conditions and estimated selling costs 2017 Significant Other Significant Quoted Observable Unobservable Carrying Prices Inputs Inputs Range of Weighted Value (Level 1) (Level 2) (Level 3) Discount (1) Average (dollars in thousands) Impaired loans $ 2,793 $ — $ — $ 2,793 0% - 33% 14.5 % Real estate acquired through foreclosure 178 — — 178 0% - 22% 11.5 % (1) Discount based on current market conditions and estimated selling costs
Estimated fair values of financial instruments	December 31, 2018 Carrying Fair Value Value Level 1 Level 2 Level 3 Total Assets: (dollars in thousands) Cash and cash equivalents $ 188,340 $ 188,340 $ — $ — $ 188,340 Certificates of deposit held for investment 8,780 8,780 — — 8,780 AFS securities 11,978 1,981 9,997 — 11,978 HTM securities 38,912 2,008 36,204 — 38,212 LHFS 9,686 — 9,686 — 9,686 Loans receivable, net 674,305 — — 670,512 670,512 Restricted stock investments 3,766 — 3,766 — 3,766 Accrued interest receivable 2,848 — 2,848 — 2,848 MSRs 437 — — 437 437 IRLCs 100 — — 100 100 Liabilities: Deposits 779,506 — 778,313 — 778,313 Accrued interest payable 419 — 419 — 419 Borrowings 73,500 — 69,210 — 69,210 Subordinated debentures 20,619 — — 20,619 20,619 Mandatory forward contracts 16 — 16 — 16 December 31, 2017 Carrying Fair Value Value Level 1 Level 2 Level 3 Total Assets: (dollars in thousands) Cash and cash equivalents $ 21,853 $ 21,853 $ — $ — $ 21,853 Certificates of deposit held for investment 8,780 8,780 — — 8,780 AFS securities 10,119 — 10,119 — 10,119 HTM securities 54,303 5,056 48,948 — 54,004 LHFS 4,530 — 4,530 — 4,530 Loans receivable, net 660,096 — — 672,349 672,349 Restricted stock investments 4,489 — 4,489 — 4,489 Accrued interest receivable 2,640 — 2,640 — 2,640 MSRs 477 — — 477 477 IRLCs 22 — — 22 22 Mandatory forward contracts 13 — 13 — 13 Best effort forward contracts 3 — 3 — 3 Liabilities: Deposits 602,228 — 594,659 — 594,659 Accrued interest payable 395 — 395 — 395 Borrowings 88,500 — 81,303 — 81,303 Subordinated debentures 20,619 — — 20,619 20,619

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related party loan activity	Transactions in related party loans were as follows for the years ended December 31: 2018 2017 (dollars in thousands) Beginning Balance $ 6,455 $ 3,060 Additions 771 3,667 Repayments (3,598) (272) $ 3,628 $ 6,455

Parent Company Financial Stat_2

Parent Company Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2018
Parent Company Financial Statements [Abstract]
Summary of financial position, result of operation and cash flows	Statements of Financial Condition December 31, 2018 2017 ASSETS (dollars in thousands) Cash $ 1,378 $ 1,310 Equity in net assets of subsidiaries: Bank 115,799 108,735 Nonbank 4,152 3,886 Other assets 1,431 1,421 Total assets $ 122,760 $ 115,352 LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Subordinated debentures $ 20,619 $ 20,619 Other liabilities 3,688 3,633 Total liabilities 24,307 24,252 Stockholders' Equity 98,453 91,100 Total liabilities and stockholders' equity $ 122,760 $ 115,352 Statements of Operations Year Ended December 31, 2018 2017 (dollars in thousands) Interest income $ 1 $ — Interest expense on subordinated debentures 1,006 824 Net interest expense (1,005) (824) Dividend from subsidiary 2,215 820 General and administrative expenses (167) (218) Loss before income taxes and equity in undistributed net income of subsidiaries 1,043 (222) Income tax benefit 159 71 Equity in undistributed net income of subsidiaries 7,367 2,969 Net income 8,569 2,818 Other comprehensive loss item - Unrealized holding losses on AFS securities arising during the period (net of tax benefit of $14 and $22) (38) (35) Total comprehensive income $ 8,531 $ 2,783 Statements of Cash Flows Year Ended December 31, 2018 2017 Cash flows from operating activities: (dollars in thousands) Net income $ 8,569 $ 2,818 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries, net of dividend received from subsidiary (7,367) (2,969) Stock-based compensation 218 205 Deferred income taxes (80) (718) (Increase) decrease in other assets (120) 562 Increase (decrease) in accrued expenses and other liabilities 55 (7) Net cash used in operating activities 1,275 (109) Cash flows from financing activities: Preferred stock dividends (70) (280) Common stock dividends (1,511) — Repurchase of warrant — (520) Proceeds from common stock issuance 374 207 Net cash used in financing activities (1,207) (593) Increase (decrease) in cash and cash equivalents 68 (702) Cash and cash equivalents at beginning of period 1,310 2,012 Cash and cash equivalents at end of period $ 1,378 $ 1,310

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	Sep. 01, 2017	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2016
Business Acquisition
Value of shares issued in acquisition		$ 775,000
Goodwill		1,099,000	$ 1,104,000	$ 334,000
Title Company
Business Acquisition
Stock issued in a business combination (in shares)	108,084
Value of shares issued in acquisition	$ 775,000
Goodwill	$ 770,000	$ 765,000	$ 770,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Others (Details)	Sep. 30, 2018USD ($)	Dec. 31, 2018USD ($)item$ / shares	Dec. 31, 2017USD ($)
Summary of Significant Accounting Policies [Abstract]
Goodwill impairment	$ 0
Number of reportable segments | item		0
Impact on the recorded amount of the Allowance		$ 0
Loans Receivable
Maximum percentage of lending of appraised value of property		80.00%
Restricted Stock Investments
FHLB stock (in dollars per share) | $ / shares		$ 100
Number of restricted stock investment wrote off | item		1
Write off of restricted stock investment		$ 100,000
Goodwill and Other Intangible Assets
Number of reporting units | item		1
Contract with Customer
Contract assets		$ 0
Contract liabilities		0
Advertising Costs
Advertising Expense		$ 1,021,000	$ 788,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Recent Accounting Pronouncements (Details) $ in Millions	Jan. 01, 2019USD ($)item
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of leased properties | item	5
Number of leased pieces of equipment | item	6
ASU 2016‑02 | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of use assets for operating leases | $	$ 2.6
Lease liabilities for operating leases | $	$ 2.7

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2018
Amortized cost and fair value of investment securities Available-for-sale [Abstract]
Amortized Cost	$ 10,169	$ 12,078
Unrealized Losses	50	100
Securities available for sale, at fair value	10,119	11,978
AFS securities, Number of securities in continuous unrealized loss position less than twelve months	10,119	990
Gain on sale of securities	(2)
U.S. Treasury Securities [Member]
Amortized cost and fair value of investment securities Available-for-sale [Abstract]
Amortized Cost		1,992
Unrealized Losses		11
Securities available for sale, at fair value		1,981
AFS securities, Number of securities in continuous unrealized loss position less than twelve months		990
U.S. Government Agency Notes [Member]
Amortized cost and fair value of investment securities Available-for-sale [Abstract]
Amortized Cost	10,169	10,086
Unrealized Losses	50	89
Securities available for sale, at fair value	10,119	$ 9,997
AFS securities, Number of securities in continuous unrealized loss position less than twelve months	$ 10,119

Securities, Available-for-sale

Securities, Available-for-sale Securities (Details) Unit13 in Thousands, $ in Thousands	Dec. 31, 2018security	Dec. 31, 2018	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)security
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months Securities | security	1			8
Less than 12 Months, Fair Value			$ 990	$ 10,119
12 Months or More, Fair Value			10,988
Total, Estimated Fair Value				10,119
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
12 months or more securities | security	9
Less than 12 Months, Unrealized Losses			5	50
12 Months or More, Unrealized Losses			95
Total, Unrealized Losses			100	$ 50
Total Securities	10	11,978		8
AFS securities, Number of securities in continuous unrealized loss position	10	11,978		8
U.S. Treasury Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months Securities | security	1
Less than 12 Months, Fair Value			990
12 Months or More, Fair Value			991
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
12 months or more securities | security	1
Less than 12 Months, Unrealized Losses			5
12 Months or More, Unrealized Losses			6
Total, Unrealized Losses			11
Total Securities	2	1,981
AFS securities, Number of securities in continuous unrealized loss position	2	1,981
U.S. Government Agency Notes [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months Securities | security				8
Less than 12 Months, Fair Value				$ 10,119
12 Months or More, Fair Value			9,997
Total, Estimated Fair Value				10,119
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
12 months or more securities | security	8
Less than 12 Months, Unrealized Losses				50
12 Months or More, Unrealized Losses			89
Total, Unrealized Losses			$ 89	$ 50
Total Securities	8	9,997		8
AFS securities, Number of securities in continuous unrealized loss position	8	9,997		8

Securities, Held-to-maturity Se

Securities, Held-to-maturity Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)security	Dec. 31, 2017USD ($)security
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	$ 38,912	$ 54,303
Unrealized Gains	68	176
Unrealized Losses	768	475
Fair Value	38,212	$ 54,004
Fair Value [Abstract]
Less than 12 Months Securities | security		20
Less than 12 Months, Fair Value		$ 29,963
12 Months or More, Fair Value	33,938	14,010
Total, Estimated Fair Value	$ 33,938	$ 43,973
Unrealized Losses [Abstract]
12 Months or Longer Securities | security	28	12
Less than 12 Months, Unrealized Losses		$ 246
12 Months or More, Unrealized Losses	$ 768	229
Total, Unrealized Losses	$ 768	$ 475
Total Securities | security	28	32
HTM securities - Number of securities in continuous unrealized loss position | security	28	32
Expected losses realized on security maturities	$ 0
U.S. Treasury Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	1,991	$ 4,994
Unrealized Gains	17	68
Unrealized Losses		6
Fair Value	2,008	$ 5,056
Fair Value [Abstract]
Less than 12 Months Securities | security		2
Less than 12 Months, Fair Value		$ 1,993
Total, Estimated Fair Value		1,993
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses		6
Total, Unrealized Losses		$ 6
Total Securities | security		2
HTM securities - Number of securities in continuous unrealized loss position | security		2
U.S. Government Agency Notes [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	11,992	$ 19,004
Unrealized Gains	45	81
Unrealized Losses	92	99
Fair Value	11,945	$ 18,986
Fair Value [Abstract]
Less than 12 Months Securities | security		7
Less than 12 Months, Fair Value		$ 6,977
12 Months or More, Fair Value	9,927	6,964
Total, Estimated Fair Value	$ 9,927	$ 13,941
Unrealized Losses [Abstract]
12 Months or Longer Securities | security	10	7
Less than 12 Months, Unrealized Losses		$ 23
12 Months or More, Unrealized Losses	$ 92	76
Total, Unrealized Losses	$ 92	$ 99
Total Securities | security	10	14
HTM securities - Number of securities in continuous unrealized loss position | security	10	14
Mortgage-backed Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	$ 24,929	$ 30,305
Unrealized Gains	6	27
Unrealized Losses	676	370
Fair Value	24,259	$ 29,962
Fair Value [Abstract]
Less than 12 Months Securities | security		11
Less than 12 Months, Fair Value		$ 20,993
12 Months or More, Fair Value	24,011	7,046
Total, Estimated Fair Value	$ 24,011	$ 28,039
Unrealized Losses [Abstract]
12 Months or Longer Securities | security	18	5
Less than 12 Months, Unrealized Losses		$ 217
12 Months or More, Unrealized Losses	$ 676	153
Total, Unrealized Losses	$ 676	$ 370
Total Securities | security	18	16
HTM securities - Number of securities in continuous unrealized loss position | security	18	16

Securities, Available For Sale

Securities, Available For Sale securities and Held-to-maturity Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Amortized Cost [Abstract]
Due in one year or less	$ 7,002
Due after one through five years	5,076
Amortized Cost	12,078	$ 10,169
Estimated Fair Value [Abstract]
Due in one year or less	6,961
Due after one through five years	5,017
Fair Value	11,978	10,119
Amortized Cost [Abstract]
Due in one year or less	7,999
Due after one through five years	5,984
Mortgage-backed securities	24,929
Amortized Cost	38,912	54,303
Estimated Fair Value [Abstract]
Due in one year or less	7,965
Due after one through five years	5,988
Mortgage-backed securities	24,259
Fair Value	38,212	54,004
Collateral Pledged
Estimated Fair Value [Abstract]
HTM Securities pledged as collateral for borrowings	$ 0	$ 0

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Loan Losses, Summary of Loans Receivable (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Summary of loans receivable [Abstract]
Total loans receivable	$ 685,374	$ 671,161
Unearned loan fees	(3,025)	(3,010)
Loans receivable	682,349	668,151
Loans pledged as collateral	169,800
Federal National Mortgage Association [Member]
Summary of loans receivable [Abstract]
Mortgage loans serviced	29,400
Federal Home Loan Mortgage Corporation [Member]
Summary of loans receivable [Abstract]
Mortgage loans serviced	15,100
Residential Mortgage [Member]
Summary of loans receivable [Abstract]
Total loans receivable	276,389	287,656
Loans receivable	$ 274,759	285,819
Loan to value ratio	80.00%
Commercial [Member]
Summary of loans receivable [Abstract]
Total loans receivable	$ 35,884	37,356
Loans receivable	35,884	37,356
Commercial Real Estate [Member]
Summary of loans receivable [Abstract]
Total loans receivable	244,088	236,302
Loans receivable	242,693	235,129
ADC [Member]
Summary of loans receivable [Abstract]
Total loans receivable	114,540	93,060
Loans receivable	114,540	93,060
Home Equity/2nds [Member]
Summary of loans receivable [Abstract]
Total loans receivable	13,386	15,703
Loans receivable	13,386	15,703
Consumer [Member]
Summary of loans receivable [Abstract]
Total loans receivable	1,087	1,084
Loans receivable	$ 1,087	$ 1,084

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Loan Losses, Changes in Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Allowance for Loan losses [Roll Forward]
Beginning Balance	$ 8,055	$ 8,969
Charge-offs	(606)	(826)
Recoveries	895	562
Net (charge-offs) recoveries	289	(264)
Provision for (reversal of) loan losses	(300)	(650)
Ending Balance	8,044	8,055
Ending balance - individually evaluated for impairment			$ 1,533	$ 1,413
Ending balance - collectively evaluated for impairment			6,511	6,642
Ending balance	8,055	8,969	8,044	8,055
Ending loan balance - individually evaluated for impairment			17,226	22,211
Ending loan balance - collectively evaluated for impairment			665,123	645,940
Ending loan balance			682,349	668,151
Impact on the recorded amount of the Allowance	0
Residential Mortgage [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	3,099	3,833
Charge-offs	(534)	(726)
Recoveries	228	375
Net (charge-offs) recoveries	(306)	(351)
Provision for (reversal of) loan losses	(569)	(383)
Ending Balance	2,224	3,099
Ending balance - individually evaluated for impairment			927	1,181
Ending balance - collectively evaluated for impairment			1,297	1,918
Ending balance	3,099	3,833	2,224	3,099
Ending loan balance - individually evaluated for impairment			12,579	18,219
Ending loan balance - collectively evaluated for impairment			262,180	267,600
Ending loan balance			274,759	285,819
Commercial [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	527	478
Provision for (reversal of) loan losses	2,209	49
Ending Balance	2,736	527
Ending balance - individually evaluated for impairment			430
Ending balance - collectively evaluated for impairment			2,306	527
Ending balance	527	478	2,736	527
Ending loan balance - individually evaluated for impairment			430
Ending loan balance - collectively evaluated for impairment			35,454	37,356
Ending loan balance			35,884	37,356
Commercial Real Estate [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	2,805	2,535
Charge-offs	(38)
Recoveries	424	157
Net (charge-offs) recoveries	386	157
Provision for (reversal of) loan losses	(2,734)	113
Ending Balance	457	2,805
Ending balance - individually evaluated for impairment			142	182
Ending balance - collectively evaluated for impairment			315	2,623
Ending balance	2,805	2,535	457	2,805
Ending loan balance - individually evaluated for impairment			1,992	2,917
Ending loan balance - collectively evaluated for impairment			240,701	232,212
Ending loan balance			242,693	235,129
ADC [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	1,236	1,390
Charge-offs	(34)
Net (charge-offs) recoveries	(34)
Provision for (reversal of) loan losses	1,037	(154)
Ending Balance	2,239	1,236
Ending balance - individually evaluated for impairment			32	48
Ending balance - collectively evaluated for impairment			2,207	1,188
Ending balance	1,236	1,390	2,239	1,236
Ending loan balance - individually evaluated for impairment			1,278	991
Ending loan balance - collectively evaluated for impairment			113,262	92,069
Ending loan balance			114,540	93,060
Home Equity/2nds [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	386	728
Charge-offs		(98)
Recoveries	243	30
Net (charge-offs) recoveries	243	(68)
Provision for (reversal of) loan losses	(407)	(274)
Ending Balance	222	386
Ending balance - individually evaluated for impairment			2
Ending balance - collectively evaluated for impairment			220	386
Ending balance	386	728	222	386
Ending loan balance - individually evaluated for impairment			871
Ending loan balance - collectively evaluated for impairment			12,515	15,703
Ending loan balance			13,386	15,703
Consumer [Member]
Allowance for Loan losses [Roll Forward]
Beginning Balance	2	5
Charge-offs		(2)
Net (charge-offs) recoveries		(2)
Provision for (reversal of) loan losses	(1)	(1)
Ending Balance	1	2
Ending balance - individually evaluated for impairment				2
Ending balance - collectively evaluated for impairment			1
Ending balance	2	$ 5	1	2
Ending loan balance - individually evaluated for impairment			76	84
Ending loan balance - collectively evaluated for impairment			1,011	1,000
Ending loan balance			1,087	$ 1,084
Unallocated
Allowance for Loan losses [Roll Forward]
Provision for (reversal of) loan losses	165
Ending Balance	165
Ending balance - collectively evaluated for impairment			165
Ending balance	$ 165		$ 165

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Loan Losses, Credit Quality Breakdown of Loan Portfolio by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	$ 682,349	$ 668,151
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	670,244	651,261
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	4,803	6,687
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	7,302	10,203
Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	274,759	285,819
Residential Mortgage [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	270,727	279,040
Residential Mortgage [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	827	1,563
Residential Mortgage [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	3,205	5,216
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	35,884	37,356
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	35,435	37,312
Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	19	44
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	430
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	242,693	235,129
Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	237,387	227,573
Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	3,523	4,615
Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	1,783	2,941
ADC [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	114,540	93,060
ADC [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	113,072	91,868
ADC [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	1,468	1,192
Home Equity/2nds [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	13,386	15,703
Home Equity/2nds [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	12,536	14,384
Home Equity/2nds [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	434	465
Home Equity/2nds [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	416	854
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	1,087	1,084
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net Amount	$ 1,087	$ 1,084

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Loan Losses, Classes of Loan Portfolio by Aging Categories of Performing and Nonaccrual Loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	$ 5,260,000	$ 5,960,000
Current	677,089,000	662,191,000
Loans receivable	682,349,000	668,151,000
Non-accrual	4,656,000	5,710,000
Interest which would have been recorded on the loans in nonaccrual status	716,000	688,000
Actual interest income recorded on nonaccrual loans	273,000	282,000
30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	1,561,000	1,954,000
90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	3,699,000	4,006,000
Residential Mortgage [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	2,854,000	3,541,000
Current	271,905,000	282,278,000
Loans receivable	274,759,000	285,819,000
Non-accrual	2,580,000	3,891,000
Residential Mortgage [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	1,060,000	1,006,000
Residential Mortgage [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	1,794,000	2,535,000
Commercial [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	430,000	78,000
Current	35,454,000	37,278,000
Loans receivable	35,884,000	37,356,000
Non-accrual	430,000	78,000
Commercial [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	430,000	78,000
Commercial Real Estate [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	797,000	948,000
Current	241,896,000	234,181,000
Loans receivable	242,693,000	235,129,000
Non-accrual	660,000	159,000
Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	137,000	948,000
Commercial Real Estate [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	660,000
ADC [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	642,000	239,000
Current	113,898,000	92,821,000
Loans receivable	114,540,000	93,060,000
Non-accrual	558,000	314,000
ADC [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	255,000
ADC [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	387,000	239,000
Home Equity/2nds [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	524,000	1,154,000
Current	12,862,000	14,549,000
Loans receivable	13,386,000	15,703,000
Non-accrual	428,000	1,268,000
Home Equity/2nds [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	96,000
Home Equity/2nds [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	428,000	1,154,000
Consumer [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	13,000
Current	1,074,000	1,084,000
Loans receivable	1,087,000	$ 1,084,000
Consumer [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total past due	$ 13,000

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Loan Losses, Summary of Impaired loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Interest income recognized [Abstract]
Real estate acquired through foreclosure	$ 1,537,000	$ 403,000
Residential Mortgage [Member]
Unpaid principal balance [Abstract]
With no related allowance	7,054,000	12,929,000
With a related allowance	5,888,000	6,761,000
Total	12,942,000	19,690,000
Recorded investment [Abstract]
With no related allowance	6,808,000	11,572,000
With a related allowance	5,771,000	6,647,000
Total	12,579,000	18,219,000
Related allowance	927,000	1,181,000
Average recorded investment [Abstract]
With no related allowance	9,232,000	10,072,000
With a related allowance	6,673,000	8,714,000
Total	15,905,000	18,786,000
Interest income recognized [Abstract]
With no related allowance	344,000	504,000
With a related allowance	288,000	294,000
Total	632,000	798,000
Commercial [Member]
Unpaid principal balance [Abstract]
With a related allowance	476,000
Total	476,000
Recorded investment [Abstract]
With a related allowance	430,000
Total	430,000
Related allowance	430,000
Average recorded investment [Abstract]
With no related allowance	47,000
With a related allowance	86,000	30,000
Total	133,000	30,000
Interest income recognized [Abstract]
With no related allowance	30,000	44,000
With a related allowance	71,000
Total	101,000	44,000
Commercial Real Estate [Member]
Unpaid principal balance [Abstract]
With no related allowance	1,244,000	1,562,000
With a related allowance	795,000	1,410,000
Total	2,039,000	2,972,000
Recorded investment [Abstract]
With no related allowance	1,206,000	1,507,000
With a related allowance	786,000	1,410,000
Total	1,992,000	2,917,000
Related allowance	142,000	182,000
Average recorded investment [Abstract]
With no related allowance	1,223,000	2,423,000
With a related allowance	1,151,000	1,817,000
Total	2,374,000	4,240,000
Interest income recognized [Abstract]
With no related allowance	52,000	70,000
With a related allowance	26,000	73,000
Total	78,000	143,000
ADC [Member]
Unpaid principal balance [Abstract]
With no related allowance	1,142,000	636,000
With a related allowance	135,000	392,000
Total	1,277,000	1,028,000
Recorded investment [Abstract]
With no related allowance	1,143,000	636,000
With a related allowance	135,000	355,000
Total	1,278,000	991,000
Related allowance	32,000	48,000
Average recorded investment [Abstract]
With no related allowance	542,000	516,000
With a related allowance	909,000	379,000
Total	1,451,000	895,000
Interest income recognized [Abstract]
With no related allowance	52,000	29,000
With a related allowance	8,000	22,000
Total	60,000	51,000
Home Equity/2nds [Member]
Unpaid principal balance [Abstract]
With no related allowance	1,290,000
With a related allowance	13,000
Total	1,303,000
Recorded investment [Abstract]
With no related allowance	859,000
With a related allowance	12,000
Total	871,000
Related allowance	2,000
Average recorded investment [Abstract]
With no related allowance	570,000	543,000
With a related allowance	7,000	572,000
Total	577,000	1,115,000
Interest income recognized [Abstract]
With no related allowance	42,000	46,000
With a related allowance	1,000	1,000
Total	43,000	47,000
Consumer [Member]
Unpaid principal balance [Abstract]
With a related allowance	76,000	84,000
Total	76,000	84,000
Recorded investment [Abstract]
With a related allowance	76,000	84,000
Total	76,000	84,000
Related allowance		2,000
Average recorded investment [Abstract]
With a related allowance	80,000	90,000
Total	80,000	90,000
Interest income recognized [Abstract]
With a related allowance	2,000	2,000
Total	2,000	2,000
Real estate acquired through foreclosure	1,400,000	$ 0
Residential mortgage loans secured by residential real estate properties in formal foreclosure proceedings	$ 1,900,000

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Loan Losses, Loans modified as TDRs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)contract	Dec. 31, 2017USD ($)contract
Loans modified [Abstract]
Number of modifications | contract	1	0
Recorded investment prior to modification	$ 127
Recorded investment after modification	$ 127
TDRs loans accounted under method [Abstract]
Number of modifications | contract	42	50
Accrual status	$ 10,698	$ 13,714
Number of modifications | contract	3	4
Nonaccrual status	$ 446	$ 820
Total number of modifications | contract	45	54
Total balance of modifications	$ 11,144	$ 14,534
Number of contract, subsequent defaults | contract	0	0
Residential Mortgage [Member]
Loans modified [Abstract]
Number of modifications | contract	1
Recorded investment prior to modification	$ 127
Recorded investment after modification	$ 127
TDRs loans accounted under method [Abstract]
Number of modifications | contract	36	42
Accrual status	$ 9,469	$ 11,631
Number of modifications | contract	3	2
Nonaccrual status	$ 446	$ 736
Total number of modifications | contract	39	44
Total balance of modifications	$ 9,915	$ 12,367
Commercial Real Estate [Member]
TDRs loans accounted under method [Abstract]
Number of modifications | contract	2	3
Accrual status	$ 1,019	$ 1,862
Number of modifications | contract		1
Nonaccrual status		$ 78
Total number of modifications | contract	2	4
Total balance of modifications	$ 1,019	$ 1,940
ADC [Member]
TDRs loans accounted under method [Abstract]
Number of modifications | contract	1	1
Accrual status	$ 134	$ 137
Number of modifications | contract		1
Nonaccrual status		$ 6
Total number of modifications | contract	1	2
Total balance of modifications	$ 134	$ 143
Consumer [Member]
TDRs loans accounted under method [Abstract]
Number of modifications | contract	3	4
Accrual status	$ 76	$ 84
Total number of modifications | contract	3	4
Total balance of modifications	$ 76	$ 84

Premises and Equipment (Details

Premises and Equipment (Details)	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)
Premises and equipment [Abstract]
Total, at cost	$ 37,262,000	$ 36,390,000
Less: Accumulated depreciation and amortization	(14,517,000)	(13,251,000)
Property, Plant and Equipment, Net, Total	22,745,000	23,139,000
Depreciation expense	1,300,000	1,200,000
Total gross rental income	$ 1,000,000	994,000
Number of unrelated companies lease space from the company | item	3
Minimum future lease payments [Abstract]
2019	$ 366,000
2020	332,000
2021	267,000
2022	274,000
2023	229,000
Thereafter	1,775,000
Total	3,243,000
Minimum future rental income [Abstract]
2019	922,000
2020	840,000
2021	378,000
2022	286,000
2023	194,000
Total	2,620,000
Rent expense	$ 321,000	246,000
Minimum [Member]
Premises and equipment [Abstract]
Remaining lease term	1 year
Maximum [Member]
Premises and equipment [Abstract]
Remaining lease term	17 years
Land [Member]
Premises and equipment [Abstract]
Total, at cost	$ 1,537,000	1,537,000
Building [Member]
Premises and equipment [Abstract]
Total, at cost	29,755,000	29,500,000
Leasehold Improvements [Member]
Premises and equipment [Abstract]
Total, at cost	2,792,000	2,485,000
Furniture, Fixtures and Equipment [Member]
Premises and equipment [Abstract]
Total, at cost	$ 3,178,000	$ 2,868,000

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Goodwill, Beginning Balance		$ 1,099	$ 334
Goodwill acquired		5	765
Impairment charge	$ 0
Goodwill, Ending Balance		1,104	1,099
Louis Hyatt [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance		334	334
Goodwill, Ending Balance		334	334
Title Company
Goodwill [Roll Forward]
Goodwill, Beginning Balance		765
Goodwill acquired		5	765
Goodwill, Ending Balance		$ 770	$ 765

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deposits by category [Abstract]
NOW	$ 106,508	$ 63,616
Money market	203,351	103,649
Savings	75,692	98,717
Certificates of deposit	247,351	263,413
Total interest-bearing deposits	632,902	529,395
Noninterest bearing	146,604	72,833
Total deposits	$ 779,506	$ 602,228
NOW	13.70%	10.60%
Money market	26.10%	17.20%
Savings	9.70%	16.40%
Certificates of deposit	31.70%	43.70%
Total interest-bearing deposits	81.20%	87.90%
Noninterest-bearing deposits	18.80%	12.10%
Total deposits	100.00%	100.00%
Scheduled maturities of certificates of deposit [Abstract]
One year or less	$ 126,980	$ 137,357
Greater than one year to two years	62,040	43,020
Greater than two years to three years	38,140	33,791
Greater than three years to four years	16,942	34,680
Greater than four years to five years	3,249	14,565
Total	247,351	263,413
Certificates of deposit with a minimum denomination of $250,000	46,400	51,400
Brokered certificates of deposit	$ 10,200	$ 11,300

Borrowings (Details)

Borrowings (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2018	Dec. 31, 2017
Outstanding Borrowings [Abstract]
Long-term Federal Home Loan Bank Advances		$ 73,500,000	$ 88,500,000
Commercial Note Payable [Member]
Debt Instrument [Line Items]
Amount of loan borrowed	$ 3,500,000
Term of loan	8 years
Interest at a fixed rate		4.25%
Period of fixed interest rate	36 months
Debt instrument fixed rate	2.75%
Amortization period, FHLB Rate	5 years
Quarterly principal payment	$ 175,000
Debt instrument, prepayment penalty rate	1.00%
Outstanding Borrowings [Abstract]
Long-term Federal Home Loan Bank Advances		$ 3,500,000	$ 3,500,000
Weighted-average interest rate at year-end		4.25%	4.25%
Maximum outstanding at any month-end		$ 3,500,000	$ 3,500,000
Average outstanding		$ 3,500,000	$ 3,500,000
Weighted-average interest rate during the year		5.04%	5.04%
Commercial Note Payable [Member] | Wall Street Journal Prime plus [Member]
Debt Instrument [Line Items]
Debt instrument variable rate	0.50%
Commercial Note Payable [Member] | Maximum [Member]
Debt Instrument [Line Items]
Additional principal payment	$ 875,000
Commercial Note Payable [Member] | Year One and Two [Member]
Debt Instrument [Line Items]
Debt instrument, prepayment penalty on the floating rate	2.00%
Commercial Note Payable [Member] | From Year Three to Five [Member]
Debt Instrument [Line Items]
Debt instrument, prepayment penalty on the floating rate	1.00%
FHLB of Atlanta [Member]
Debt Instrument [Line Items]
Collateral pledge percentage to total assets for all borrowings		30.00%
Credit availability under the FHLB		$ 265,700,000
Outstanding Borrowings [Abstract]
Long-term Federal Home Loan Bank Advances		$ 70,000,000	$ 85,000,000
Weighted-average interest rate at year-end		2.27%	2.40%
Maximum outstanding at any month-end		$ 96,000,000	$ 169,950,000
Average outstanding		$ 87,669,000	$ 91,456,000
Weighted-average interest rate during the year		2.17%	3.03%
Interest rate on maturities of long-term advances [Abstract]
2022 Maturity, Rate		2.19%
Maturities of long-term advances [Abstract]
2019 Maturity, Amount		$ 35,000,000
2020 Maturity, Amount		25,000,000
2022 Maturity, Amount		10,000,000
Long-term advances Maturity, Amount		70,000,000
Loans pledged as collateral		$ 169,800,000
FHLB of Atlanta [Member] | Minimum [Member]
Interest rate on maturities of long-term advances [Abstract]
2019 Maturity, Rate		1.55%
2020 Maturity, Rate		1.75%
FHLB of Atlanta [Member] | Maximum [Member]
Debt Instrument [Line Items]
Long-term borrowings maturities period		15 years
Interest rate on maturities of long-term advances [Abstract]
2019 Maturity, Rate		4.00%
2020 Maturity, Rate		1.92%

Subordinated Debentures (Detail

Subordinated Debentures (Details) $ / shares in Units, $ in Thousands	Nov. 15, 2008USD ($)$ / sharesshares	Dec. 31, 2018USD ($)item$ / shares	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Private placement offering price (per unit) | $ / shares		$ 100
Preferred stock, $0.01 par value, 1,000,000 shares authorized: Preferred stock series ''A,'' 437,500 shares issued and outstanding and $3,500 liquidation preference at December 31, 2017			$ 4
Subordinated debentures		$ 20,619	20,619
Severn Capital Trust I [Member]
Debt Instrument [Line Items]
Common equity owned		100.00%
Series A Preferred Stock [Member]
Debt Instrument [Line Items]
Number of private placement offering | shares	70
Private placement offering price (per unit) | $ / shares	$ 100,000
Gross proceeds of private placement	$ 7,000
Number of shares issued in private placement for each unit (in shares) | shares	6,250
Junior Subordinated Debt Securities [Member]
Debt Instrument [Line Items]
Principal amount of debt		$ 20,600	$ 20,600
Maturity date		Jan. 7, 2035
Basis spread on variable rate		2.00%
Permitted number of consecutive quarterly interest payment deferment period | item		20
Junior Subordinated Debt Securities [Member] | LIBOR
Debt Instrument [Line Items]
Term of variable rate		3 months

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
401 (k) Retirement Savings Plan [Abstract]
Employer matching contribution	50.00%
Maximum percentage of employee's annual salary	6.00%
Eligible service period to participate in plan	1 year
Bank's contribution to employee benefit plans	$ 214,000	$ 139,000
Employee Stock Ownership Plan ("ESOP") [Abstract]
Recognized ESOP expense	$ 129,000	$ 140,000
Allocated shares (in shares)	518,654	530,138
Unallocated shares (in shares)	2,000	10,000
Fair value of the unallocated shares	$ 16,000

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2017
Regulatory Matters [Abstract]
Capital conservation buffer	2.50%
New capital conservation buffer percentage	1.875%	0.625%
Common Equity Tier 1 Capital (to risk-weighted assets) [Abstract]
Common Equity Tier I Capital Actual, Amount	$ 114,749		$ 105,721
Common Equity Tier I Capital, Ratio	17.40%		16.50%
Common Equity Tier I Capital for Capital Adequacy Purposes, Amount	$ 29,651		$ 28,904
Common Equity Tier I Capital for Capital Adequacy Purposes, Ratio	4.50%		4.50%
Common Equity Tier 1 Capital Minimum Capital Adequacy with Capital Buffer, Amount	$ 42,006		$ 36,933
Common Equity Tier 1 Capital Minimum Capital Adequacy with Capital Buffer, Ratio	6.40%		5.80%
Common Equity Tier I Capital To Be Well Capitalized Under Prompt Corrective Provisions, Amount	$ 42,830		$ 41,750
Common Equity Tier I Capital To Be Well Capitalized Under Prompt Corrective Provisions, Ratio	6.50%		6.50%
Total capital (to risk-weighted assets) [Abstract]
Total Capital, Actual Amount	$ 122,889		$ 113,758
Total Capital, Ratio	18.70%		17.70%
Total For Capital Adequacy Purposes, Amount	$ 52,713		$ 51,385
Total For Capital Adequacy Purposes, Ratio	8.00%		8.00%
Total For Capital Adequacy with Capital Buffer, Amount	$ 65,068		$ 59,414
Total For Capital Adequacy with Capital Buffer, Ratio	9.90%		9.30%
Total To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 65,892		$ 64,231
Total Capital To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%		10.00%
Tier 1 capital (to risk-weighted assets) [Abstract]
Tier I Capital, Actual Amount	$ 114,749		$ 105,721
Tier I Capital, Ratio	17.40%		16.50%
Tier I Capital for Capital Adequacy Purposes, Amount	$ 39,535		$ 38,539
Tier I Capital for Capital Adequacy Purposes, Ratio	6.00%		6.00%
Tier I Capital Minimum Capital Adequacy with Capital Buffer, Amount	$ 51,890		$ 46,567
Tier I Capital Minimum Capital Adequacy with Capital Buffer, Ratio	7.90%		7.30%
Tier I Capital To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 52,713		$ 51,385
Tier I Capital To Be Well Capitalized Under Prompt Corrective Provisions, Ratio	8.00%		8.00%
Tier 1 capital (to average quarterly assets) [Abstract]
Tier I Capital average, Actual Amount	$ 114,749		$ 105,721
Tier I Capital average, Ratio	13.50%		13.50%
Tier I Capital average for Capital Adequacy Purposes, Amount	$ 33,932		$ 31,440
Tier I Capital average for Capital Adequacy Purposes, Ratio	4.00%		4.00%
Tier I Capital Average Minimum Capital Adequacy with Capital Buffer, Amount	$ 49,838		$ 41,264
Tier I Capital Average Minimum Capital Adequacy with Capital Buffer, Ratio	5.90%		5.30%
Tier I Capital Average To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 42,415		$ 39,300
Tier I Capital Average To Be Well Capitalized Under Prompt Corrective Provisions, Ratio	5.00%		5.00%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	Apr. 02, 2018	Dec. 20, 2017	Nov. 15, 2008	Dec. 31, 2018	Dec. 31, 2017	Nov. 21, 2008
Class of Stock [Line Items]
Private placement offering price (per unit)				$ 100
Preferred stock, par value (in dollars per share)				$ 0.01	$ 0.01
Repurchase of warrant					$ 520,000
Dividend paid				$ 1,511,000
Dividend paid (in dollars per share)				$ 0.12
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Number of private placement offering			70
Private placement offering price (per unit)			$ 100,000
Gross proceeds of private placement			$ 7,000,000
Number of shares issued in private placement for each unit (in shares)			6,250
Preferred stock dividend rate percentage			8.00%
Preferred stock, shares issued (in shares)					437,500
Conversion ratio to common stock	100.00%
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Common stock purchase rights with issue of a warrant (in shares)						556,976
Preferred stock, par value (in dollars per share)						$ 0.01
Exercise price of warrants (in dollars per share)						$ 6.30
Repurchase of warrant		$ 520,000
Additional Paid-In Capital [Member]
Class of Stock [Line Items]
Repurchase of warrant					$ 520,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0
Weighted average number of shares outstanding reconciliation [Abstract]
Weighted-average shares outstanding - basic (in shares)	12,585,961	12,160,983
Dilution (in shares)	111,659	116,753
Weighted-average share outstanding - diluted (in shares)	12,697,620	12,277,736
Net income available to common stockholders	$ 8,499	$ 2,538
Net income per common share - basic (in dollars per share)	$ 0.68	$ 0.21
Net income per common share - diluted (in dollars per share)	$ 0.67	$ 0.21
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		135,800
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		437,500

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under the plan (in shares)	500,000
Stock-based compensation expense	$ 218,000	$ 205,000
Shares [Roll Forward]
Outstanding at beginning of period (in shares)	434,025	339,500
Granted (in shares)	6,500	115,800
Exercised (in shares)	(88,652)	(2,411)
Forfeited (in shares)	(2,850)	(18,864)
Outstanding at end of period (in shares)	349,023	434,025
Exercisable at end of period (in shares)	179,379	191,395
Weighted Average Price [Roll Forward]
Outstanding at beginning of period (in dollars per share)	$ 5.87	$ 5.31
Granted (in dollars per share)	7.41	7.22
Exercised (in dollars per share)	4.21	3.37
Forfeited (in dollars per share)	5.89	4.59
Outstanding at end of period (in dollars per share)	6.32	5.87
Exercisable at end of period (in dollars per share)	$ 5.75	$ 4.85
Weighted Average Remaining Life [Abstract]
Weighted-average remaining contractual term, outstanding	3 years 4 months 24 days	6 years 8 months 12 days
Weighted-average remaining contractual term, exercisable	2 years 7 months 6 days	6 years 3 months 18 days
Aggregate Intrinsic Value [Abstract]
Aggregate intrinsic value of the options outstanding	$ 578,000	$ 619,000
Aggregate intrinsic value of the options exercisable	$ 399,000	$ 477,000
Fair value assumptions for options granted [Abstract]
Expected life	5 years 6 months	5 years 6 months
Risk-free interest rate	2.67%	2.15%
Expected volatility	32.20%	33.79%
Weighted average per share fair value of options granted (in dollars per share)	$ 2.57	$ 2.44
Proceeds from exercise of stock options	$ 374,000	$ 207,000
Unrecognized stock-based compensation expense	$ 495,000
Unrecognized stock-based compensation expected to be recognized period	48 months
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period	5 years
Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options expiry period	10 years

Other Noninterest Expense (Deta

Other Noninterest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other Noninterest Expense [Abstract]
Directors fees	$ 246	$ 304
Stock expense	143	217
Insurance	238	195
Internal audit and compliance	242	259
Office expense, printing, and postage	420	434
Telephone	326	297
Loan expenses	217	121
Dues and subscriptions	141	111
OCC assessments	206	202
Other	828	611
Total other noninterest expense	$ 3,007	$ 2,751

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Abstract]
Additional income tax expense		$ 1,900
Reconciliation of Income Tax Expense, Amount
Tax at statutory federal rate	$ 2,425	2,666
Adjustment for rate change		1,887
State tax net of Federal income tax benefit	685	616
Other adjustments	(133)	(147)
Income tax expense	$ 2,977	$ 5,022
Reconciliation of Income Tax Expense, Rate
Tax at statutory federal rate	21.00%	34.00%
Adjustment for rate change		24.10%
State tax net of Federal income tax benefit	5.90%	7.90%
Other adjustments	(1.10%)	(1.90%)
Income tax expense	25.80%	64.10%
Income tax expense
Current	$ 25	$ 228
Deferred	2,952	4,794
Income tax expense	2,977	5,022
Deferred tax assets [Abstract]
Net operating loss carryforward	972	3,446
Allowance	2,710	3,201
Reserve on real estate acquired through foreclosure		135
Reserve for uncollected interest	192	108
Reserve for contingent liability	47	31
Charitable contribution	174	127
Unrealized losses on AFS securities	28	15
AMT	185	351
Total gross deferred tax assets	4,308	7,414
Deferred tax liabilities [Abstract]
FHLB stock dividends	57	61
Loan origination costs	734	534
Accelerated depreciation	817	1,122
Prepaid expenses	186	239
MSRs	120	140
Reserve on real estate acquired through foreclosure	3
Other	28	16
Total gross deferred tax liabilities	1,945	2,112
Net deferred tax assets	$ 2,363	$ 5,302

Income Taxes - Net operating lo

Income Taxes - Net operating loss (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Federal [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 789
Federal [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date	Dec. 31, 2033
Federal [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date	Dec. 31, 2034
State [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 12,400
State [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date	Dec. 31, 2023
State [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date	Dec. 31, 2033

Commitments and Contingencies_2

Commitments and Contingencies (Details)	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item
Financial instruments whose contract amount represents credit risk [Abstract]
Deposits	$ 779,506,000	$ 602,228,000
Loan balances	674,305,000	660,096,000
Interest income	29,057,000	24,594,000
Noninterest Income	8,780,000	5,238,000
Standby Letters of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 3,321,000	3,480,000
Letters of credit expiry period	12 months
Current liability for guarantees	$ 42,000	42,000
Home Equity Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 17,015,000	13,321,000
Loan expiry period	10 years
Unadvanced Construction Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 75,326,000	74,720,000
Mortgage Loan Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 1,649,000	$ 595,000
Number of mortgage loan commitments at fixed interest rate | item	3	2
Fixed rate loan commitments	$ 1,600,000	$ 595,000
Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	20,990,000	16,612,000
Loans Sold and Serviced with Limited Repurchase Provisions [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	49,623,000	21,409,000
Reserve for obligation to re-purchase mortgage loans previously sold	91,000	63,000
Repurchases of loans previously sold	$ 0	469,000
Loans Sold and Serviced with Limited Repurchase Provisions [Member] | Minimum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Period of delinquency under repurchase agreement	120 days
Loans Sold and Serviced with Limited Repurchase Provisions [Member] | Maximum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Period of delinquency under repurchase agreement	180 days
Business activities with medical-use cannabis customers [Member] | Cannabis Customers
Financial instruments whose contract amount represents credit risk [Abstract]
Deposits	$ 17,000,000	19,200,000
Loan balances	$ 14,100,000	$ 11,900,000
Percentage of deposits in total deposits	2.20%	3.20%
Percentage of loans in total loans	2.10%	1.80%
Interest income	$ 720,000	$ 280,000
Noninterest Income	1,400,000	230,000
Volume of deposits accepted	$ 138,900,000	$ 45,100,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	$ 11,978	$ 10,119
U.S. Government Agency Notes [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	9,997	10,119
Level 1 [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	1,981
Level 2 [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	9,997	10,119
Loans held for sale ("LHFS")	9,686	4,530
Best efforts forward contracts		3
Level 3 [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mortgage servicing rights ("MSRs")	437	477
Interest rate lock commitments ("IRLCs")	100	22
Carrying Value [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	11,978	10,119
Loans held for sale ("LHFS")	9,686	4,530
Mortgage servicing rights ("MSRs")	437	477
Interest rate lock commitments ("IRLCs")	100	22
Best efforts forward contracts		3
Recurring [Member] | Mandatory Forward Contract
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income	(30)
Recurring [Member] | Best Effort Forward Contracts [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income	(3)
Recurring [Member] | LHFS [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income	192	131
Recurring [Member] | MSRs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income	(40)	(80)
Recurring [Member] | IRLCs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income	78	(140)
Recurring [Member] | Mandatory Forward Contracts
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income		(140)
Recurring [Member] | Best Effort Forward Contracts [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Total changes in fair values included in period income		3
Recurring [Member] | Level 1 [Member] | U.S. Government Agency Notes [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	1,981
Recurring [Member] | Level 2 [Member] | Mandatory Forward Contract
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mandatory forward contracts	16
Recurring [Member] | Level 2 [Member] | U.S. Government Agency Notes [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	9,997	10,119
Recurring [Member] | Level 2 [Member] | LHFS [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Loans held for sale ("LHFS")	9,686	4,530
Recurring [Member] | Level 2 [Member] | Mandatory Forward Contracts
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mandatory forward contracts		13
Recurring [Member] | Level 2 [Member] | Best Effort Forward Contracts [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Best efforts forward contracts		3
Recurring [Member] | Level 3 [Member] | MSRs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mortgage servicing rights ("MSRs")	437	477
Recurring [Member] | Level 3 [Member] | IRLCs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Interest rate lock commitments ("IRLCs")	100	22
Recurring [Member] | Carrying Value [Member] | Mandatory Forward Contract
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mandatory forward contracts	16
Recurring [Member] | Carrying Value [Member] | U.S. Government Agency Notes [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
AFS Securities	11,978	10,119
Recurring [Member] | Carrying Value [Member] | LHFS [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Loans held for sale ("LHFS")	9,686	4,530
Recurring [Member] | Carrying Value [Member] | MSRs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mortgage servicing rights ("MSRs")	437	477
Recurring [Member] | Carrying Value [Member] | IRLCs [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Interest rate lock commitments ("IRLCs")	$ 100	22
Recurring [Member] | Carrying Value [Member] | Mandatory Forward Contracts
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Mandatory forward contracts		13
Recurring [Member] | Carrying Value [Member] | Best Effort Forward Contracts [Member]
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Best efforts forward contracts		$ 3

Fair Value of Financial Instr_4

Fair Value of Financial Instruments, Fair Values of Financial Instruments, Assets, Quantitative Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item	Dec. 31, 2016USD ($)
MSRs [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	$ 437	$ 477	$ 557
Valuation adjustment | $	$ 40	$ 80
MSRs [Member] | Recurring [Member] | Level 3 [Member] | Weighted Average [Member] | Measurement Input, Constant Prepayment Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
MSRs, Measurement input | item	0.098	0.0394
IRLCs [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	$ 100	$ 22	$ 162
Valuation adjustment | $	$ 78	$ (140)
Impaired loans [Member] | Nonrecurring [Member] | Minimum [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Impaired loan, measurement input | item	0	0
Impaired loans [Member] | Nonrecurring [Member] | Maximum [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Impaired loan, measurement input | item	0.16	0.33
Impaired loans [Member] | Nonrecurring [Member] | Weighted Average [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Impaired loan, measurement input | item	0.067	0.145
Impaired loans [Member] | Nonrecurring [Member] | Level 3 [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	$ 5,678	$ 2,793
Impaired loans [Member] | Nonrecurring [Member] | Carrying Value [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	5,678	$ 2,793
Foreclosed real estate [Member] | Nonrecurring [Member] | Minimum [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Real estate acquired through foreclosure, measurement input | item		0
Foreclosed real estate [Member] | Nonrecurring [Member] | Maximum [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Real estate acquired through foreclosure, measurement input | item		0.22
Foreclosed real estate [Member] | Nonrecurring [Member] | Weighted Average [Member] | Measurement Input, Discount Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Real estate acquired through foreclosure, measurement input | item		0.115
Foreclosed real estate [Member] | Nonrecurring [Member] | Level 3 [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $		$ 178
Foreclosed real estate [Member] | Nonrecurring [Member] | Carrying Value [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $		178
Market Approach [Member] | MSRs [Member] | Recurring [Member] | Level 3 [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	437	477
Market Approach [Member] | IRLCs [Member] | Recurring [Member] | Level 3 [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair value estimate | $	$ 100	$ 22
Market Approach [Member] | IRLCs [Member] | Recurring [Member] | Level 3 [Member] | Minimum [Member] | Measurement Input, Pull Through Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Interest-rate lock commitments, measurement input | item	0.70	0.80
Market Approach [Member] | IRLCs [Member] | Recurring [Member] | Level 3 [Member] | Maximum [Member] | Measurement Input, Pull Through Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Interest-rate lock commitments, measurement input | item	0.95	0.95
Market Approach [Member] | IRLCs [Member] | Recurring [Member] | Level 3 [Member] | Weighted Average [Member] | Measurement Input, Pull Through Rate
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Interest-rate lock commitments, measurement input | item	0.84	0.90

Fair Value of Financial Instr_5

Fair Value of Financial Instruments, Assets, Balance Sheet Grouping (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Assets [Abstract]
AFS Securities	$ 11,978	$ 10,119
HTM securities	38,212	54,004
Liabilities [Abstract]
Assets and or liabilities transfers between any of Levels 1, 2, and 3	0	0
Bank Commitments [Member]
Liabilities [Abstract]
Loan funding commitments	115,000	105,200
Standby Letters of Credit [Member]
Liabilities [Abstract]
Loan funding commitments	3,300	3,500
Carrying Value [Member]
Assets [Abstract]
Cash and cash equivalents	188,340	21,853
Certificates of deposit held as investment	8,780	8,780
AFS Securities	11,978	10,119
HTM securities	38,912	54,303
LHFS	9,686	4,530
Loans receivable, net	674,305	660,096
Restricted stock investments	3,766	4,489
Accrued interest receivable	2,848	2,640
MSRs	437	477
IRLCs	100	22
Mandatory forward contracts		13
Best effort forward contracts		3
Liabilities [Abstract]
Deposits	779,506	602,228
Accrued interest payable	419	395
Borrowings	73,500	88,500
Subordinated debentures	20,619	20,619
Mandatory forward contracts	16
Total [Member]
Assets [Abstract]
Cash and cash equivalents	188,340	21,853
Certificates of deposit held as investment	8,780	8,780
AFS Securities	11,978	10,119
HTM securities	38,212	54,004
LHFS	9,686	4,530
Loans receivable, net	670,512	672,349
Restricted stock investments	3,766	4,489
Accrued interest receivable	2,848	2,640
MSRs	437	477
IRLCs	100	22
Mandatory forward contracts		13
Best effort forward contracts		3
Liabilities [Abstract]
Deposits	778,313	594,659
Accrued interest payable	419	395
Borrowings	69,210	81,303
Subordinated debentures	20,619	20,619
Mandatory forward contracts	16
Level 1 [Member]
Assets [Abstract]
Cash and cash equivalents	188,340	21,853
Certificates of deposit held as investment	8,780	8,780
AFS Securities	1,981
HTM securities	2,008	5,056
Level 2 [Member]
Assets [Abstract]
AFS Securities	9,997	10,119
HTM securities	36,204	48,948
LHFS	9,686	4,530
Restricted stock investments	3,766	4,489
Accrued interest receivable	2,848	2,640
Mandatory forward contracts		13
Best effort forward contracts		3
Liabilities [Abstract]
Deposits	778,313	594,659
Accrued interest payable	419	395
Borrowings	69,210	81,303
Mandatory forward contracts	16
Level 3 [Member]
Assets [Abstract]
Loans receivable, net	670,512	672,349
MSRs	437	477
IRLCs	100	22
Liabilities [Abstract]
Subordinated debentures	$ 20,619	$ 20,619

Related Party Transactions (Det

Related Party Transactions (Details)	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)
Related party loan activity [Roll forward]
Deposits	$ 779,506,000	$ 602,228,000
Board of Directors
Related party loan activity [Roll forward]
Beginning balance	6,455,000	3,060,000
Additions	771,000	3,667,000
Repayments	(3,598,000)	(272,000)
Ending balance	3,628,000	6,455,000
Deposits	$ 3,900,000
President | Law Firm, Bank Partner
Related party loan activity [Roll forward]
Period for lease agreement with subsidiary	5 years
Number of additional term for which period of lease agreement increase | item	3
Total lease payments received by the subsidiary	$ 281,000	276,000
Reimbursement amount for maintenance and utilities	145,000	131,000
Related party transaction fees for services	158,000	$ 149,000
Deposits	$ 270,000

Parent Company Financial Stat_3

Parent Company Financial Statements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Equity in net assets of subsidiaries [Abstract]
Other assets	$ 2,644	$ 2,970
Total assets	974,233	804,787
Liabilities [Abstract]
Subordinated debentures	20,619	20,619
Total liabilities	875,780	713,687
Stockholders' Equity	98,453	91,100	$ 87,930
Total liabilities and stockholders' equity	974,233	804,787
Statements of Operations [Abstract]
Interest income	37,660	32,224
Net interest expense	29,057	24,594
Loss before income taxes and equity in undistributed net income of subsidiaries	11,546	7,840
Income tax benefit	(2,977)	(5,022)
Net income	8,569	2,818
Other comprehensive loss item - Unrealized holding losses on available-for-sale securities arising during the period (net of tax benefit of $14 and $22)	(38)	(34)
Unrealized holding losses on available-for-sale securities arising during the period, income taxes	14	21
Total comprehensive income	8,531	2,783
Cash flows from operating activities:
Net income and comprehensive income	8,569	2,818
Adjustments to reconcile net income to net cash from operating activities [Abstract]
Stock-based compensation	218	205
Deferred income taxes	2,952	4,794
(Increase) decrease in other assets	132	246
Net cash provided by operating activities	5,717	10,881
Cash flows from investing activities [Abstract]
Net cash provided by (used in) investing activities	(301)	(70,731)
Cash flows from financing activities [Abstract]
Preferred stock dividends	(70)	(280)
Common stock dividends	(1,511)
Repurchase of warrant		(520)
Net cash provided by financing activities	161,071	14,689
Increase (decrease) in cash and cash equivalents	166,487	(45,161)
Cash and cash equivalents at beginning of period	21,853	67,014
Cash and cash equivalents at end of period	188,340	21,853
Parent Company [Member]
Assets [Abstract]
Cash	1,378	1,310
Equity in net assets of subsidiaries [Abstract]
Bank	115,799	108,735
Nonbank	4,152	3,886
Other assets	1,431	1,421
Total assets	122,760	115,352
Liabilities [Abstract]
Subordinated debentures	20,619	20,619
Other liabilities	3,688	3,633
Total liabilities	24,307	24,252
Stockholders' Equity	98,453	91,100
Total liabilities and stockholders' equity	122,760	115,352
Statements of Operations [Abstract]
Interest income	1
Interest expense on subordinated debentures	1,006	824
Net interest expense	(1,005)	(824)
Dividend from subsidiary	2,215	820
General and administrative expenses	(167)	(218)
Loss before income taxes and equity in undistributed net income of subsidiaries	1,043	(222)
Income tax benefit	159	71
Equity in undistributed net income of subsidiaries	7,367	2,969
Net income	8,569	2,818
Other comprehensive loss item - Unrealized holding losses on available-for-sale securities arising during the period (net of tax benefit of $14 and $22)	(38)	(35)
Unrealized holding losses on available-for-sale securities arising during the period, income taxes	14	22
Total comprehensive income	8,531	2,783
Cash flows from operating activities:
Net income and comprehensive income	8,569	2,818
Adjustments to reconcile net income to net cash from operating activities [Abstract]
Equity in undistributed earnings of subsidiaries, net of dividend received from subsidiary	(7,367)	(2,969)
Stock-based compensation	218	205
Deferred income taxes	(80)	(718)
(Increase) decrease in other assets	(120)	562
Increase (decrease) in accrued expenses and other liabilities	55	(7)
Net cash provided by operating activities	1,275	(109)
Cash flows from financing activities [Abstract]
Preferred stock dividends	(70)	(280)
Common stock dividends	(1,511)
Repurchase of warrant		(520)
Proceeds from common stock issuance	374	207
Net cash provided by financing activities	(1,207)	(593)
Increase (decrease) in cash and cash equivalents	68	(702)
Cash and cash equivalents at beginning of period	1,310	2,012
Cash and cash equivalents at end of period	$ 1,378	$ 1,310

Subsequent Event (Details)

Subsequent Event (Details)	Feb. 26, 2019$ / shares
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividend declared (in dollars per share)	$ 0.03