Hawthorn Bancshares (HWBK) 10-Q 10 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 10, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	0-23636
Entity Registrant Name	HAWTHORN BANCSHARES, INC.
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	43-1626350
Entity Address, Address Line One	132 East High Street, Box 688
Entity Address, City or Town	Jefferson City
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65102
City Area Code	573
Local Phone Number	761-6100
Title of 12(b) Security	Common Stock, $1.00 par value
Trading Symbol	HWBK
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,362,476
Entity Central Index Key	0000893847
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 18,496	$ 19,235
Federal funds sold and other interest-bearing deposits	128,207	161,128
Cash and cash equivalents	146,703	180,363
Certificates of deposit in other banks	8,897	9,376
Available-for-sale debt securities, at fair value	238,142	198,030
Other investments	6,188	6,353
Total investment securities	244,330	204,383
Loans held for investment	1,276,185	1,286,967
Allowance for loan losses	(18,361)	(18,113)
Net loans	1,257,824	1,268,854
Loans held for sale, at lower of cost or fair value	6,308	5,099
Premises and equipment - net	34,027	34,561
Mortgage servicing rights, at fair value	2,494	2,445
Other real estate owned - net	12,140	12,291
Accrued interest receivable	6,488	6,640
Cash surrender value - life insurance	2,465	2,451
Other assets	10,248	7,268
Total assets	1,731,924	1,733,731
Deposits
Non-interest bearing demand	431,035	382,492
Savings, interest checking and money market	708,615	723,808
Time deposits $250,000 and over	74,406	91,263
Other time deposits	179,926	186,043
Total deposits	1,393,982	1,383,606
Federal funds purchased and securities sold under agreements to repurchase	42,018	45,154
Federal Home Loan Bank advances and other borrowings	97,614	106,674
Subordinated notes	49,486	49,486
Operating lease liabilities	2,058	2,137
Accrued interest payable	439	837
Other liabilities	15,619	15,248
Total liabilities	1,601,216	1,603,142
Stockholders' equity:
Common stock, $1 par value, authorized 15,000,000 shares; issued 6,769,322	6,769	6,769
Surplus	59,307	59,307
Retained earnings	73,947	68,935
Accumulated other comprehensive income (loss), net of tax	(1,217)	1,528
Treasury stock; 406,846, and 289,214 shares, at cost, respectively	(8,098)	(5,950)
Total stockholders' equity	130,708	130,589
Total liabilities and stockholders' equity	$ 1,731,924	$ 1,733,731

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Consolidated Balance Sheets
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	6,769,322	6,769,322
Treasury stock, shares	406,846	289,214

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
INTEREST INCOME
Interest and fees on loans	$ 14,979	$ 14,422
Interest and fees on loans held for sale	25	5
Interest on investment securities:
Taxable	667	813
Nontaxable	246	142
Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks	102	326
Dividends on other investments	83	100
Total interest income	16,102	15,808
Interest on deposits:
Savings, interest checking and money market	309	947
Time deposit accounts $250,000 and over	210	413
Time deposits	461	752
Total interest expense on deposits	980	2,112
Interest on federal funds purchased and securities sold under agreements to repurchase	26	37
Interest on Federal Home Loan Bank advances	396	632
Interest on subordinated notes	310	501
Total interest expense on borrowings	732	1,170
Total interest expense	1,712	3,282
Net interest income	14,390	12,526
Provision for loan losses	0	3,300
Net interest income after provision for loan losses	14,390	9,226
NON-INTEREST INCOME
Gain on sale of mortgage loans, net	2,469	419
Other	8	88
Total non-interest income	4,443	2,291
Investment securities gains (losses), net	14	(1)
NON-INTEREST EXPENSE
Salaries and employee benefits	7,146	6,121
Occupancy expense, net	771	766
Furniture and equipment expense	744	750
Processing, network, and bank card expense	1,007	976
Legal, examination, and professional fees	404	367
Advertising and promotion	243	249
Postage, printing, and supplies	204	241
Loan expense	174	123
Other	958	898
Total non-interest expense	11,651	10,491
Income before income taxes	7,196	1,025
Income tax expense	1,357	157
Net income	$ 5,839	$ 868
Basic earnings per share (in dollars per share)	$ 0.92	$ 0.13
Diluted earnings per share (in dollars per share)	$ 0.92	$ 0.13
Service charges and other fees
NON-INTEREST INCOME
Income from fees	$ 739	$ 799
Bank card income and fees
NON-INTEREST INCOME
Income from fees	860	693
Trust department income
NON-INTEREST INCOME
Income from fees	294	379
Real estate servicing fees, net
NON-INTEREST INCOME
Income from fees	$ 73	$ (87)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Consolidated Statements of Comprehensive Income
Net income	$ 5,839	$ 868
Investment securities available-for-sale:
Unrealized (losses) gains on investment securities available-for-sale, net of tax	(2,778)	2,180
Adjustment for (gains) losses on sale of investment securities, net of tax	(2)
Defined benefit pension plans:
Amortization of prior service cost included in net periodic pension cost, net of tax	35	53
Total other comprehensive income (loss)	(2,745)	2,233
Total comprehensive income	$ 3,094	$ 3,101

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Surplus	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total
Balance at Dec. 31, 2019	$ 6,520	$ 55,727	$ 61,590	$ (3,755)	$ (5,044)	$ 115,038
Increase (Decrease) in Stockholders' Equity
Net income	0	0	868	0	0	868
Other comprehensive (loss) income	0	0	0	2,233	0	2,233
Purchase of treasury stock	0	0	0	0	(719)	(719)
Cash dividends declared, common stock	0	0	(750)	0	0	(750)
Balance at Mar. 31, 2020	6,520	55,727	61,708	(1,522)	(5,763)	116,670
Balance at Dec. 31, 2020	6,769	59,307	68,935	1,528	(5,950)	130,589
Increase (Decrease) in Stockholders' Equity
Net income	0	0	5,839	0	0	5,839
Other comprehensive (loss) income	0	0	0	(2,745)	0	(2,745)
Purchase of treasury stock	0	0	0	0	(2,148)	(2,148)
Cash dividends declared, common stock	0	0	(827)	0	0	(827)
Balance at Mar. 31, 2021	$ 6,769	$ 59,307	$ 73,947	$ (1,217)	$ (8,098)	$ 130,708

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Consolidated Statements of Stockholders' Equity
Cash dividends declared	$ 0.13	$ 0.12

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net income	$ 5,839	$ 868
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	0	3,300
Depreciation expense	578	562
Net amortization of investment securities, premiums, and discounts	418	312
Change in fair value of mortgage servicing rights	121	275
Investment securities (gains) losses, net	(14)	1
Losses (gains) on sales and dispositions of premises and equipment	4	(55)
Gain on sales and dispositions of other real estate	(15)	0
Provision for other real estate owned	88	12
Decrease in accrued interest receivable	152	218
Increase in cash surrender value - life insurance	(14)	(13)
Increase in other assets	(1,756)	(312)
Operating lease liabilities	(79)	(62)
Decrease in accrued interest payable	(398)	(356)
Increase (decrease) in other liabilities	12	(1,367)
Origination of mortgage loans held for sale	(65,012)	(16,609)
Proceeds from the sale of mortgage loans held for sale	66,272	13,170
Gain on sale of mortgage loans, net	(2,469)	(419)
Other, net	(170)	(67)
Net cash provided by (used in) operating activities	3,557	(542)
Cash flows from investing activities:
Purchase of certificates of deposit in other banks	(245)	(735)
Proceeds from maturities of certificates of deposit in other banks	736	491
Net decrease (increase) in loans	11,000	(11,809)
Purchase of available-for-sale debt securities	(62,297)	(43,984)
Proceeds from maturities of available-for-sale debt securities	10,491	13,860
Proceeds from calls of available-for-sale debt securities	7,745	8,935
Proceeds from sales of available-for-sale debt securities	0	681
Purchases of FHLB stock	(327)	(1,491)
Proceeds from sales of FHLB stock	505	2
Purchases of premises and equipment	(135)	(369)
Proceeds from sales of premises and equipment	12	123
Proceeds from sales of other real estate and repossessed assets	108	0
Net cash used in investing activities	(32,407)	(34,296)
Cash flows from financing activities:
Net increase in demand deposits	48,543	11,412
Net decrease in interest-bearing transaction accounts	15,193	18,037
Net decrease in time deposits	(22,974)	(325)
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase	(3,136)	3,492
Repayment of FHLB advances and other borrowings	(9,060)	(58)
FHLB advances	0	37,000
Purchase of treasury stock	(2,148)	(719)
Cash dividends paid - common stock	(842)	(753)
Net cash (used in) provided by financing activities	(4,810)	32,012
Net decrease in cash and cash equivalents	(33,660)	(2,826)
Cash and cash equivalents, beginning of period	180,363	78,121
Cash and cash equivalents, end of period	146,703	75,295
Cash paid during the period for:
Interest	2,109	3,639
Income taxes	0	0
Noncash investing and financing activities:
Other real estate and repossessed assets acquired in settlement of loans	$ 30	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	(1) Summary of Significant Accounting Policies Hawthorn Bancshares, Inc. (the Company) through its subsidiary, Hawthorn Bank (the Bank), provides a broad range of banking services to individual and corporate customers located within the Missouri communities in and surrounding Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. The Company is subject to competition from other financial and nonfinancial institutions providing financial products. Additionally, the Company and its subsidiaries are subject to the regulations of certain regulatory agencies and undergo periodic examinations by those regulatory agencies. The accompanying unaudited consolidated financial statements of the Company have been prepared in conformity with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and with the instructions to Form 10-Q, and Rule 10-01 of Regulation S-X. Accordingly, the unaudited consolidated financial statements do not include all of the information and disclosures required by U.S. GAAP for complete financial statements and should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The preparation of the consolidated financial statements includes all adjustments that, in the opinion of management, are necessary in order to make those statements not misleading. Management is required to make estimates and assumptions, including the determination of the allowance for loan losses, real estate acquired in connection with foreclosure or in satisfaction of loans, and fair values of investment securities available-for-sale that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions are subject to many risks and uncertainties, including changes in interest rates and other general economic, business and political conditions, including the effects of the Coronavirus Disease 2019 (“COVID-19”) pandemic, including its potential effects on the economic environment, our customers and our operations, as well as any changes to federal, state and local government laws, regulations and orders in connection with the pandemic. Actual results could differ from those estimates. The Company’s management has evaluated and did not identify any subsequent events or transactions requiring recognition or disclosure in the consolidated financial statements. Stock Dividend Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has negatively impacted the global economy, including the United States. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act, along with subsequent relief programs, provided substantial funding to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications – Section 4013 of the CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. ● Paycheck Protection Program - The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s (“SBA”) 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. On December 27, 2020, the Consolidated Appropriations Act, 2021 (“CAA”) was signed into law. The CAA provides several amendments to the PPP, including additional funding for first and second draws of PPP loans up to March 31, 2021. On March 30, 2021, the PPP Extension Act of 2021 was signed into law, which extends the program to May 31, 2021. The Company is a participant in the PPP. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. ● Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. ● Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 pandemic. These modifications generally involve principal and/or interest payment deferrals for up to six months. These modifications generally meet the criteria of both Section 4013 of the CARES Act and the joint interagency statement, and therefore, the Company does not account for such loan modifications as TDRs. As the COVID-19 pandemic persists in negatively impacting the economy, the Company continues to offer additional loan modifications to borrowers struggling as a result of the pandemic. Similar to the initial modifications granted, the additional round of loan modifications are granted specifically under Section 4013 of the CARES Act and generally involve principal and/or interest payment deferrals for up to an additional six months for commercial and consumer loans, and principal-only deferrals for up to an additional 12 months for selected commercial loans. On August 3, 2020, the Federal Financial Institutions Examination Council on behalf of its members (collectively “the FFIEC members”) issued a joint statement on additional loan accommodations related to the COVID-19 pandemic. The joint statement clarifies that for loan modifications in which Section 4013 is being applied, subsequent modifications could also be eligible under Section 4013. To be eligible, each loan modification must be (1) related to the COVID-19 event; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency or (B) December 31, 2020. The December 31, 2020 deadline was subsequently extended to January 1, 2022, by the CAA. Substantially all of the Company’s additional round of loan modifications granted under Section 4013 of the CARES Act are in compliance with the aforementioned FFIEC requirements. Accordingly, the Company does not account for such loan modifications as TDRs.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2021
Loans and Allowances for Loan Losses
Loans and Allowance for Loan Losses	(2) Loans and Allowance for Loan Losses Loans Major classifications within the Company’s held for investment loan portfolio at March 31, 2021 and December 31, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Commercial, financial, and agricultural (a) ​ $ 251,943 ​ $ 272,918 Real estate construction − ​ 33,962 ​ 29,692 Real estate construction − ​ 78,576 ​ 78,144 Real estate mortgage − ​ 258,259 ​ 262,339 Real estate mortgage − ​ 628,178 ​ 617,133 Installment and other consumer ​ 25,267 ​ 26,741 Total loans held for investment ​ $ 1,276,185 ​ $ 1,286,967 (a) Includes $56.3 million and $63.3 million SBA PPP loans, net as of March 31, 2021 and December 31, 2020, respectively. The Bank grants real estate, commercial, installment, and other consumer loans to customers located within the Missouri communities surrounding Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. As such, the Bank is susceptible to changes in the economic environment in these communities. The Bank does not have a concentration of credit in any one economic sector. Installment and other consumer loans consist primarily of the financing of automotive vehicles. At March 31, 2021, loans of $552.5 million were pledged to the Federal Home Loan Bank as collateral for borrowings and letters of credit. Allowance for Loan Losses The following table illustrates the changes in the allowance for loan losses by portfolio segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2021 ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total Balance at beginning of period ​ $ 5,121 ​ $ 213 ​ $ 475 ​ $ 2,679 ​ $ 9,354 ​ $ 264 ​ $ 7 ​ $ 18,113 Additions: ​ ​ ​ ​ ​ ​ ​ ​ Provision for loan losses ​ (567) ​ 83 ​ 57 ​ (253) ​ 573 ​ 13 ​ 94 ​ — Deductions: ​ ​ ​ ​ ​ ​ ​ ​ Loans charged off ​ 27 ​ — ​ — ​ — ​ 23 ​ 57 ​ — ​ 107 Less recoveries on loans ​ (149) ​ (13) ​ — ​ (168) ​ — ​ (25) ​ — ​ (355) Net loan charge-offs (recoveries) ​ (122) ​ (13) ​ — ​ (168) ​ 23 ​ 32 ​ — ​ (248) Balance at end of period ​ $ 4,676 ​ $ 309 ​ $ 532 ​ $ 2,594 ​ $ 9,904 ​ $ 245 ​ $ 101 ​ $ 18,361 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2020 ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total Balance at beginning of period ​ $ 2,918 ​ $ 64 ​ $ 369 ​ $ 2,118 ​ $ 6,547 ​ $ 381 ​ $ 80 ​ $ 12,477 Additions: ​ ​ ​ ​ ​ ​ ​ ​ Provision for loan losses ​ 721 ​ 53 ​ 253 ​ 255 ​ 2,087 ​ 8 ​ (77) ​ 3,300 Deductions: ​ ​ ​ ​ ​ ​ ​ ​ Loans charged off ​ 41 ​ — ​ — ​ 19 ​ 22 ​ 52 ​ — ​ 134 Less recoveries on loans ​ (25) ​ — ​ — ​ (9) ​ (2) ​ (14) ​ — ​ (50) Net loan charge-offs ​ 16 ​ — ​ — ​ 10 ​ 20 ​ 38 ​ — ​ 84 Balance at end of period ​ $ 3,623 ​ $ 117 ​ $ 622 ​ $ 2,363 ​ $ 8,614 ​ $ 351 ​ $ 3 ​ $ 15,693 ​ Loans, or portions of loans, are charged off to the extent deemed uncollectible or a loss is confirmed. Loan charge-offs reduce the allowance for loan losses, and recoveries of loans previously charged off are added back to the allowance. If management determines that it is probable that all amounts due on a loan will not be collected under the original terms of the loan agreement, the loan is considered to be impaired. These loans are evaluated individually for impairment, and in conjunction with current economic conditions and loss experience, specific reserves are estimated as further discussed below. Loans not individually evaluated are aggregated by risk characteristics and reserves are recorded using a consistent methodology that considers historical loan loss experience by loan type, delinquencies, current economic conditions, loan risk ratings and industry concentration. These historical loss rates for each risk group are used as the starting point to determine loss rates for measurement purposes. The historical loan loss rates are multiplied by loss emergence periods (LEP) which represent the estimated time period between a borrower first experiencing financial difficulty and the recognition of a loss. Management's look-back period began with loss history in the first quarter 2012 as the starting point through the current quarter and it will continue to include this starting point going forward. The look-back period will continue to be evaluated and will be adjusted once a sustained loss producing downturn is recognized and found to be representative of historical losses expected for the current portfolio. The Company’s methodology includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the nature, volume and terms of loans in the portfolio, including changes in volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified or graded loans, loan concentrations, assessment of trends in collateral values, assessment of changes in the quality of the Company’s internal loan review department, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices. When the COVID-19 pandemic surfaced in the first quarter of 2020, management reassessed the calculation of the allowance for loan loss by increasing the economic qualitative factor in order to capture the impact on the credit risk present in the loan portfolio given the economic environment that existed at that time. As of the fourth quarter of 2020, management reassessed the qualitative factor and economic indicators. Enough time had passed so that data after the outbreak would be available and a better interpretation of the impact of the virus on the economy. Management determined that the local market and economy had been able to transition to a functional level while adapting to the new requirements aimed at stopping the spread of the virus and returned to calculating the qualitative adjustment according to the Company's methodology detailed above. ​ Additionally, the funding of $88.4 million and $40.2 million in SBA PPP loans during 2020 and 2021, respectively, required management to assess the methodology that would be adopted in regard to the allowance for loan losses applicable to these loans. As the SBA PPP loans are expected to be mostly paid off in the next six All SBA PPP loans have a 1% interest rate and the Company earns a fee that is based upon a tiered schedule corresponding with the amount of the loan to the borrower, which is deferred and recognized over the life of the loan. Based upon the borrower meeting certain criteria as defined by the CARES Act, the loan may be forgiven by the SBA. The Company reports these loans at their principal amount outstanding, net of unearned income, unamortized deferred loan fee income and loan origination costs. Interest is accrued as earned and loan origination fees and direct costs are deferred and accreted or amortized into interest income, as an adjustment to the yield, over the life of the loan using the level yield method. When a PPP loan is paid off or forgiven by the SBA, the remaining unaccreted or unamortized net origination fees or costs are immediately recognized into income. The following table illustrates the allowance for loan losses and recorded investment by portfolio segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, and ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 2,134 ​ $ 26 ​ $ 28 ​ $ 256 ​ $ 2,691 ​ $ 9 ​ $ — ​ $ 5,144 Collectively evaluated for impairment ​ 2,542 ​ 283 ​ 504 ​ 2,338 ​ 7,213 ​ 236 ​ 101 ​ 13,217 Total ​ $ 4,676 ​ $ 309 ​ $ 532 ​ $ 2,594 ​ $ 9,904 ​ $ 245 ​ $ 101 ​ $ 18,361 Loans outstanding: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 7,408 ​ $ 189 ​ $ 198 ​ $ 3,134 ​ $ 25,647 ​ $ 71 ​ $ — ​ $ 36,647 Collectively evaluated for impairment ​ 244,535 ​ 33,773 ​ 78,378 ​ 255,125 ​ 602,531 ​ 25,196 ​ — ​ 1,239,538 Total ​ $ 251,943 ​ $ 33,962 ​ $ 78,576 ​ $ 258,259 ​ $ 628,178 ​ $ 25,267 ​ $ — ​ $ 1,276,185 ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 2,187 ​ $ 27 ​ $ 28 ​ $ 263 ​ $ 2,594 ​ $ 14 ​ $ — ​ $ 5,113 Collectively evaluated for impairment ​ 2,934 ​ 186 ​ 447 ​ 2,416 ​ 6,760 ​ 250 ​ 7 ​ 13,000 Total ​ $ 5,121 ​ $ 213 ​ $ 475 ​ $ 2,679 ​ $ 9,354 ​ $ 264 ​ $ 7 ​ $ 18,113 Loans outstanding: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 7,552 ​ $ 192 ​ $ 200 ​ $ 3,626 ​ $ 25,657 ​ $ 108 ​ $ — ​ $ 37,335 Collectively evaluated for impairment ​ 265,366 ​ 29,500 ​ 77,944 ​ 258,713 ​ 591,476 ​ 26,633 ​ — ​ 1,249,632 Total ​ $ 272,918 ​ $ 29,692 ​ $ 78,144 ​ $ 262,339 ​ $ 617,133 ​ $ 26,741 ​ $ — ​ $ 1,286,967 ​ Impaired Loans Loans evaluated under ASC 310-10-35 include loans which are individually evaluated for impairment. All other loans are collectively evaluated for impairment under ASC 450-20. Impaired loans individually evaluated for impairment totaled $36.6 million and $37.3 million at March 31, 2021 and December 31, 2020, respectively, and are comprised of loans on non-accrual status and loans which have been classified as troubled debt restructurings (TDRs). The net carrying value of impaired loans is based on the fair values of collateral obtained through independent appraisals or internal evaluations, or by discounting the total expected future cash flows. At March 31, 2021, $31.8 million of impaired loans were evaluated based on the fair value less estimated selling costs of the loans' collateral compared to $32.2 million at December 31, 2020. Once the impairment amount is calculated, a specific reserve allocation is recorded. At March 31, 2021, $5.1 million of the Company’s allowance for loan losses was allocated to impaired loans totaling $36.6 million compared to $5.1 million of the Company’s allowance for loan losses allocated to impaired loans totaling approximately $37.3 million at December 31, 2020. Management determined that $12.6 million, or 34%, of total impaired loans required no reserve allocation at March 31, 2021 compared to $11.9 million, or 32%, at December 31, 2020, primarily due to adequate collateral values , The categories of impaired loans at March 31, 2021 and December 31, 2020 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Non-accrual loans ​ $ 34,233 ​ $ 34,559 Performing TDRs ​ 2,414 ​ 2,776 Total impaired loans ​ $ 36,647 ​ $ 37,335 ​ The following tables provide additional information about impaired loans at March 31, 2021 and December 31, 2020, respectively, segregated between loans for which an allowance has been provided and loans for which no allowance has been provided. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Specific (in thousands) ​ Investment ​ Balance ​ Reserves March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 1,837 ​ $ 1,882 ​ $ — Real estate mortgage − ​ 1,275 ​ 1,377 ​ — Real estate mortgage − ​ ​ 9,457 ​ ​ 9,467 ​ ​ — Total ​ $ 12,569 ​ $ 12,726 ​ $ — With an allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 5,571 ​ $ 5,645 ​ $ 2,134 Real estate construction − ​ ​ 189 ​ ​ 189 ​ ​ 26 Real estate construction − ​ 198 ​ 251 ​ 28 Real estate mortgage − ​ 1,859 ​ 2,304 ​ 256 Real estate mortgage − ​ 16,190 ​ 16,257 ​ 2,691 Installment and other consumer ​ 71 ​ 75 ​ 9 Total ​ $ 24,078 ​ $ 24,721 ​ $ 5,144 Total impaired loans ​ $ 36,647 ​ $ 37,447 ​ $ 5,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Specific (in thousands) ​ Investment ​ Balance ​ Reserves December 31, 2020 ​ ​ ​ With no related allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 1,703 ​ $ 1,731 ​ $ — Real estate mortgage − ​ 1,300 ​ 1,395 ​ — Real estate mortgage − ​ ​ 8,943 ​ ​ 8,943 ​ ​ — Total ​ $ 11,946 ​ $ 12,069 ​ $ — With an allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 5,849 ​ $ 6,180 ​ $ 2,187 Real estate construction − ​ ​ 192 ​ ​ 192 ​ ​ 27 Real estate construction − ​ 200 ​ 251 ​ 28 Real estate mortgage − ​ 2,326 ​ 2,786 ​ 263 Real estate mortgage − ​ 16,714 ​ 16,787 ​ 2,594 Installment and other consumer ​ 108 ​ 112 ​ 14 Total ​ $ 25,389 ​ $ 26,308 ​ $ 5,113 Total impaired loans ​ $ 37,335 ​ $ 38,377 ​ $ 5,113 ​ The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans during the periods indicated. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ Interest ​ ​ ​ ​ Interest ​ ​ ​ Average ​ Recognized ​ Average ​ Recognized ​ ​ ​ Recorded ​ For the ​ Recorded ​ For the ​ (in thousands) Investment Period Ended Investment Period Ended ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 1,742 ​ $ 8 ​ $ 1,014 ​ $ — ​ Real estate construction − ​ ​ — ​ ​ — ​ ​ 227 ​ ​ — ​ Real estate mortgage − ​ 1,424 ​ 9 ​ 1,581 ​ — ​ Real estate mortgage − ​ 9,457 ​ — ​ 1,163 ​ 6 ​ Installment and other consumer ​ ​ — ​ ​ — ​ ​ 12 ​ ​ — ​ Total ​ $ 12,623 ​ $ 17 ​ $ 3,997 ​ $ 6 ​ With an allowance recorded: ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 5,696 ​ $ 7 ​ $ 1,195 ​ $ 8 ​ Real estate construction − ​ ​ 190 ​ ​ — ​ ​ — ​ ​ — ​ Real estate construction − ​ 199 ​ — ​ — ​ — ​ Real estate mortgage − ​ 1,958 ​ 6 ​ 2,550 ​ 20 ​ Real estate mortgage − ​ 16,195 ​ 7 ​ 370 ​ 2 ​ Installment and other consumer ​ 85 ​ 3 ​ 117 ​ 6 ​ Total ​ $ 24,323 ​ $ 23 ​ $ 4,232 ​ $ 36 ​ Total impaired loans ​ $ 36,946 ​ $ 40 ​ $ 8,229 ​ $ 42 ​ ​ The recorded investment varies from the unpaid principal balance primarily due to partial charge-offs taken resulting from current appraisals received. The amount recognized as interest income on impaired loans continuing to accrue interest, primarily related to troubled debt restructurings, was $40,000 for the three months ended March 31, 2021 compared to $42,000 for the three months ended March 31, 2020. The average recorded investment in impaired loans is calculated on a monthly basis during the periods reported. Delinquent and Non-Accrual Loans The delinquency status of loans is determined based on the contractual terms of the notes. Borrowers are generally classified as delinquent once payments become 30 days or more past due. The Company’s policy is to discontinue the accrual of interest income on any loan when, in the opinion of management, the ultimate collectability of interest or principal is no longer probable. In general, loans are placed on non-accrual when they become 90 days or more past due. However, management considers many factors before placing a loan on non-accrual, including the delinquency status of the loan, the overall financial condition of the borrower, the progress of management’s collection efforts and the value of the underlying collateral. Subsequent interest payments received on non-accrual loans are applied to principal if any doubt exists as to the collectability of such principal; otherwise, such receipts are recorded as interest income on a cash basis. Non-accrual loans are returned to accrual status when, in the opinion of management, the financial condition of the borrower indicates that the timely collectability of interest and principal is probable and the borrower demonstrates the ability to pay under the terms of the note through a sustained period of repayment performance, which is generally six months. The following table provides aging information for the Company’s past due and non-accrual loans at March 31, 2021 and December 31, 2020. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current or ​ ​ 90 Days ​ ​ ​ ​ ​ ​ Less Than ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ 30 Days ​ 30 - 89 Days ​ And Still ​ ​ ​ ​ ​ ​ (in thousands) ​ Past Due ​ Past Due ​ Accruing ​ Non-Accrual ​ Total March 31, 2021 ​ ​ ​ ​ ​ Commercial, Financial, and Agricultural ​ $ 245,019 ​ $ 333 ​ $ — ​ $ 6,591 ​ $ 251,943 Real estate construction − ​ 33,773 ​ — ​ — ​ 189 ​ 33,962 Real estate construction − ​ 78,378 ​ — ​ — ​ 198 ​ 78,576 Real estate mortgage − ​ 255,172 ​ 1,170 ​ — ​ 1,917 ​ 258,259 Real estate mortgage − ​ 602,502 ​ 367 ​ — ​ 25,309 ​ 628,178 Installment and Other Consumer ​ 25,181 ​ 57 ​ — ​ 29 ​ 25,267 Total ​ $ 1,240,025 ​ $ 1,927 ​ $ — ​ $ 34,233 ​ $ 1,276,185 December 31, 2020 ​ ​ ​ ​ ​ Commercial, Financial, and Agricultural ​ $ 265,821 ​ $ 380 ​ $ — ​ $ 6,717 ​ $ 272,918 Real estate construction − ​ 29,500 ​ — ​ — ​ 192 ​ 29,692 Real estate construction − ​ 77,944 ​ — ​ — ​ 200 ​ 78,144 Real estate mortgage − ​ 259,688 ​ 546 ​ — ​ 2,105 ​ 262,339 Real estate mortgage − ​ 591,815 ​ 4 ​ — ​ 25,314 ​ 617,133 Installment and Other Consumer ​ 26,576 ​ 117 ​ 17 ​ 31 ​ 26,741 Total ​ $ 1,251,344 ​ $ 1,047 ​ $ 17 ​ $ 34,559 ​ $ 1,286,967 ​ The Company's past due and non-accrual loans at March 31, 2021 and December 31, 2020 do not include $43.5 million and $57.1 million of loans accepting forbearance under the CARES Act, respectively. Their delinquency status will not change through the forbearance period as they are fulfilling the agreement they have made with the Company. Of the total remaining $72.8 million loan modifications under the CARES Act, $29.3 million, are on nonaccrual status at March 31, 2021. ​ Credit Quality The Company categorizes loans into risk categories based upon an internal rating system reflecting management’s risk assessment. Loans are placed on watch substandard troubled debt restructuring TDR) TDRs and are included with all other nonaccrual loans for presentation purposes. It is the Company’s policy to discontinue the accrual of interest income on loans when management believes that the collection of interest or principal is doubtful. The following table presents the risk categories by class at March 31, 2021 and December 31, 2020. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, Real Estate Real Estate Real Estate Real Estate Installment ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and other ​ ​ ​ (in thousands) ​ Agricultural ​ Residential ​ Commercial ​ Residential ​ Commercial ​ Consumer ​ Total At March 31, 2021 ​ ​ ​ ​ ​ ​ ​ Watch ​ $ 8,675 ​ $ 540 ​ $ 7,013 ​ $ 15,694 ​ $ 71,375 ​ $ — ​ $ 103,297 Substandard ​ 581 ​ — ​ 2,670 ​ 954 ​ 1,645 ​ — ​ 5,850 Performing TDRs ​ 817 ​ — ​ — ​ 1,217 ​ 338 ​ 42 ​ 2,414 Non-accrual loans ​ 6,591 ​ 189 ​ 198 ​ 1,917 ​ 25,309 ​ 29 ​ 34,233 Total ​ $ 16,664 ​ $ 729 ​ $ 9,881 ​ $ 19,782 ​ $ 98,667 ​ $ 71 ​ $ 145,794 At December 31, 2020 ​ ​ ​ ​ ​ ​ ​ Watch ​ $ 9,649 ​ $ 545 ​ $ 10,806 ​ $ 15,835 ​ $ 66,936 ​ $ — ​ $ 103,771 Substandard ​ 598 ​ — ​ — ​ 1,002 ​ 1,662 ​ — ​ 3,262 Performing TDRs ​ 835 ​ — ​ — ​ 1,521 ​ 343 ​ 77 ​ 2,776 Non-accrual loans ​ 6,717 ​ 192 ​ 200 ​ 2,105 ​ 25,314 ​ 31 ​ 34,559 Total ​ $ 17,799 ​ $ 737 ​ $ 11,006 ​ $ 20,463 ​ $ 94,255 ​ $ 108 ​ $ 144,368 ​ Troubled Debt Restructurings At March 31, 2021, loans classified as TDRs totaled $3.3 million, of which $0.9 million were classified as non-performing TDRs and $2.4 million were classified as performing TDRs. At December 31, 2020, loans classified as TDRs totaled $3.7 million, of which $0.9 million were classified as non-performing TDRs and $2.8 million were classified as performing TDRs. Both performing and nonperforming TDRs are considered impaired loans. When an individual loan is determined to be a TDR, the amount of impairment is based upon the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the underlying collateral less applicable selling costs. Accordingly, specific reserves of $172,000 and $214,000 related to TDRs were allocated to the allowance for loan losses at March 31, 2021 and December 31, 2020, respectively. As provided for by the CARES Act, the Company offered payment modifications to borrowers. At March 31, 2021, $72.8 million, or 5.7% of total loans, remained in some form of a modification. These loan modifications include $28.1 million, or 38.5%, on interest only, $39.6 million, or 54.5%, on full deferral and $5.1 million, or 7.0%, with extended amortization. (See table below titled – Loan Modifications under the CARES Act by NAICS Code.) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Remaining Loan Modifications under the CARES Act by NAICS Code as of March 31, 2021 ​ ​ ​ ​ ​ % of ​ ​ ​ % of ​ ​ ​ % of ​ ​ ​ ​ ​ ​ ​ ​ Total Remaining Full Total Remaining ​ ​ ​ Total Remaining ​ ​ ​ ​ ​ Interest Loan Deferral Loan Extended Loan ​ ​ ​ Industry Category Only Modifications (1) Modifications Amortizations Modifications Totals (in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real Estate and Rental and Leasing ​ $ 4,521 ​ 6.2 % $ 5,790 ​ ​ 8.0 % $ 499 ​ ​ 0.7 % $ 10,810 ​ Accommodations and Food Services ​ ​ 10,590 ​ ​ 14.5 ​ ​ 29,007 ​ ​ 39.8 ​ ​ 4,592 ​ ​ 6.3 ​ ​ 44,189 ​ Construction ​ ​ 144 ​ ​ 0.2 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 ​ Lands and lots ​ ​ 1,553 ​ ​ 2.1 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,553 ​ Cinemas ​ ​ 1,086 ​ ​ 1.5 ​ ​ 4,691 ​ ​ 6.4 ​ ​ — ​ ​ — ​ ​ 5,777 ​ Arts, Entertainment, Recreation ​ ​ 10,164 ​ ​ 14.0 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 10,164 ​ Non-NAICS (Consumer) ​ ​ — ​ ​ 0.0 ​ ​ 161 ​ ​ 0.3 ​ ​ — ​ ​ — ​ ​ 161 ​ Total modifications ​ $ 28,058 ​ ​ 38.5 % $ 39,649 ​ ​ 54.5 % $ 5,091 ​ ​ 7.0 % $ 72,798 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Remaining loan modifications under the CARES Act as a percent of the total loan portfolio ​ (1) Of the $39.6 million loan modifications on full deferral, $29.3 million, or 40.3% of the total remaining loan modifications, were determined to be on nonaccrual status as of March 31, 2021. The following table summarizes loans that were modified as TDRs during the periods indicated. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2021 ​ 2020 ​ ​ Recorded Investment (1) ​ Recorded Investment (1) ​ ​ Number of ​ Pre- ​ Post- ​ Number of ​ Pre- ​ Post- (in thousands) Contracts Modification Modification Contracts Modification Modification Troubled Debt Restructurings ​ ​ ​ ​ ​ Installment and other consumer ​ — ​ $ — 　 ​ $ — 1 ​ $ 6 $ 5 Total — ​ $ — ​ $ — 1 ​ $ 6 ​ $ 5 (1) The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off or foreclosed upon during the period ended are not reported. The Company’s portfolio of loans classified as TDRs include concessions for the borrower given their financial condition such as interest rates below the current market rate, deferring principal payments, and extending maturity dates. There were no loans meeting the TDR criteria that were modified during the three months ended March 31, 2021 and one loan during the three months ended March 31, 2020. The Company considers a TDR to be in default when it is 90 days or more past due under the modified terms, a charge-off occurs, or in the process of foreclosure. There were no loans modified as a TDR that defaulted during any of the three months ended March 31, 2021 and 2020, respectively, and within twelve months of their modification date. See Lending and Credit Management Loans Held For Sale The Company designates certain long-term fixed rate personal real estate loans as held for sale, and the Company carries them at the lower of cost or fair value. The loans are primarily sold to Freddie Mac, Fannie Mae, PennyMac, and other various secondary market investors. At March 31, 2021, the carrying amount of these loans was $6.3 million compared to $5.1 million and $4.3 million at December 31, 2020 and March 31, 2020, respectively.

Other Real Estate Acquired in S

Other Real Estate Acquired in Settlement of Loans	3 Months Ended
	Mar. 31, 2021
Other Real Estate Acquired in Settlement of Loans
Other Real Estate Acquired in Settlement of Loans	(3) Other Real Estate Acquired in Settlement of Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) ​ 2021 2020 Commercial ​ $ 920 ​ $ 920 Real estate construction - residential ​ — ​ — Real estate construction - commercial ​ 10,987 ​ 10,986 Real estate mortgage - residential ​ 137 ​ 201 Real estate mortgage - commercial ​ 2,798 ​ 2,798 Total ​ $ 14,842 ​ $ 14,905 Less valuation allowance for other real estate owned ​ (2,702) ​ (2,614) Total other real estate owned ​ $ 12,140 ​ $ 12,291 ​ Changes in the net carrying amount of other real estate owned were as follows for the periods indicated: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2021 2020 Balance at beginning of period ​ $ 14,905 ​ $ 15,737 ​ Additions ​ ​ 30 ​ ​ — ​ Proceeds from sales ​ ​ (108) ​ ​ — ​ Charge-offs against the valuation allowance for other real estate owned, net ​ ​ — ​ ​ — ​ Net gain on sales ​ ​ 15 ​ ​ — ​ Total other real estate owned ​ $ 14,842 ​ $ 15,737 ​ Less valuation allowance for other real estate owned ​ ​ (2,702) ​ ​ (2,968) ​ Balance at end of period ​ $ 12,140 ​ $ 12,769 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2021, $285,000 of consumer mortgage loans secured by residential real estate properties were in the process of foreclosure compared to $287,000 of consumer mortgage loans at December 31, 2020. Activity in the valuation allowance for other real estate owned was as follows for the periods indicated: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, (in thousands) 2021 2020 Balance, beginning of period ​ $ 2,614 ​ $ 2,956 Provision for other real estate owned ​ 88 ​ 12 Charge-offs ​ — ​ — Balance, end of period ​ $ 2,702 ​ $ 2,968 ​ ​ ​ ​ ​ ​ ​ ​

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2021
Investment Securities
Investment Securities	(4) Investment Securities Available for sale securities The amortized cost and fair value of debt securities classified as available-for-sale at March 31, 2021 and December 31, 2020 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrealized ​ Fair ( in thousands) Cost Gains Losses Value March 31, 2021 ​ ​ ​ ​ U.S. Treasury ​ $ 3,018 ​ $ 23 ​ $ — ​ $ 3,041 U.S. government and federal agency obligations ​ 20,161 ​ 76 ​ (408) ​ 19,829 U.S. government-sponsored enterprises ​ 22,497 ​ 238 ​ (184) ​ 22,551 Obligations of states and political subdivisions ​ 70,324 ​ 961 ​ (467) ​ 70,818 Mortgage-backed securities ​ ​ 108,106 ​ ​ 1,586 ​ ​ (1,048) ​ ​ 108,644 Other debt securities (a) ​ 11,825 ​ 209 ​ (11) ​ 12,023 Bank issued trust preferred securities (a) ​ 1,486 ​ — ​ (250) ​ 1,236 Total available-for-sale securities ​ $ 237,417 ​ $ 3,093 ​ $ (2,368) ​ $ 238,142 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ U.S. Treasury ​ $ 2,772 ​ $ 26 ​ $ — ​ $ 2,798 U.S. government and federal agency obligations ​ 11,732 ​ 197 ​ — ​ 11,929 U.S. government-sponsored enterprises ​ 22,495 ​ 379 ​ — ​ 22,874 Obligations of states and political subdivisions ​ 56,943 ​ 1,801 ​ — ​ 58,744 Mortgage-backed securities ​ ​ 88,357 ​ ​ 1,809 ​ ​ (54) ​ 90,112 Other debt securities (a) ​ 10,000 ​ 358 ​ (14) ​ 10,344 Bank issued trust preferred securities (a) ​ 1,486 ​ — ​ (257) ​ 1,229 Total available-for-sale securities ​ $ 193,785 ​ $ 4,570 ​ $ (325) ​ $ 198,030 (a) Certain hybrid instruments possessing characteristics typically associated with debt obligations. The Company’s investment securities are classified as available for sale. Agency bonds and notes, Small Business Administration guaranteed loan certificates (SBA), residential and commercial agency mortgage-backed securities, and agency collateralized mortgage obligations (CMO) include securities issued by the Government National Mortgage Association (GNMA), a U.S. government agency, and the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC), and the Federal Home Loan Bank (FHLB), which are U.S. government-sponsored enterprises. Debt securities with carrying values aggregating approximately $197.6 million and $153.9 million at March 31, 2021 and December 31, 2020, respectively, were pledged to secure public funds, securities sold under agreements to repurchase, and for other purposes as required or permitted by law. The amortized cost and fair value of debt securities classified as available-for-sale at March 31, 2021, by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties. ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Fair ( in thousands) ​ Cost ​ Value Due in one year or less ​ $ 4,975 ​ $ 5,011 Due after one year through five years ​ 18,245 ​ 18,456 Due after five years through ten years ​ 35,184 ​ 35,589 Due after ten years ​ 70,907 ​ 70,442 Total ​ 129,311 ​ 129,498 Mortgage-backed securities ​ 108,106 ​ 108,644 Total available-for-sale securities ​ $ 237,417 ​ $ 238,142 ​ Other securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, December 31, ​ (in thousands) 2021 2020 ​ Other securities: ​ ​ ​ FHLB stock ​ $ 5,992 ​ $ 6,170 ​ MIB stock ​ 151 ​ 151 ​ Equity securities with readily determinable fair values ​ 45 ​ 32 ​ Total other investment securities ​ $ 6,188 ​ $ 6,353 ​ ​ Gross unrealized losses on debt securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2021 and December 31, 2020 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses At March 31, 2021 ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 1,022 ​ $ — ​ $ 250 ​ $ — ​ $ 1,272 ​ $ — U.S. government and federal agency obligations ​ ​ 14,447 ​ ​ (408) ​ ​ — ​ ​ — ​ ​ 14,447 ​ ​ (408) U.S. government-sponsored enterprises ​ 5,816 ​ (184) ​ — ​ — ​ 5,816 ​ (184) Obligations of states and political subdivisions ​ 22,580 ​ (467) ​ — ​ — ​ 22,580 ​ (467) Mortgage-backed securities ​ ​ 46,969 ​ ​ (1,048) ​ ​ — ​ ​ — ​ ​ 46,969 ​ ​ (1,048) Other debt securities ​ ​ 2,989 ​ ​ (11) ​ ​ — ​ ​ — ​ ​ 2,989 ​ ​ (11) Bank issued trust preferred securities ​ — ​ — ​ 1,236 ​ (250) ​ 1,236 ​ (250) Total ​ $ 93,823 ​ $ (2,118) ​ $ 1,486 ​ $ (250) ​ $ 95,309 ​ $ (2,368) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ ​ ​ ​ At December 31, 2020 ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 1,015 ​ $ — ​ $ — ​ $ — ​ $ 1,015 ​ $ — Mortgage-backed securities ​ ​ 7,494 ​ ​ (54) ​ ​ — ​ ​ — ​ ​ 7,494 ​ ​ (54) Other debt securities ​ ​ 2,987 ​ ​ (14) ​ ​ — ​ ​ — ​ ​ 2,987 ​ ​ (14) Bank issued trust preferred securities ​ — ​ — ​ 1,229 ​ (257) ​ 1,229 ​ ​ (257) Total ​ $ 11,496 ​ $ (68) ​ $ 1,229 ​ $ (257) ​ $ 12,725 ​ $ (325) ​ The total available for sale portfolio consisted of approximately 342 securities at March 31, 2021. The portfolio included 87 securities having an aggregate fair value of $95.3 million that were in a loss position at March 31, 2021. Securities identified as temporarily impaired which had been in a loss position for 12 months or longer totaled $1.5 million at fair value at March 31, 2021. The $2.4 million aggregate unrealized loss included in accumulated other comprehensive loss at March 31, 2021 was caused by interest rate fluctuations. The total available for sale portfolio consisted of approximately 308 securities at December 31, 2020. The portfolio included 10 securities having an aggregate fair value of $12.7 million that were in a loss position at December 31, 2020. Securities identified as temporarily impaired which had been in a loss position for 12 months or longer totaled $1.2 million at fair value at December 31, 2020. The $325,000 aggregate unrealized loss included in accumulated other comprehensive loss at December 31, 2020 was caused by interest rate fluctuations. Because the decline in fair value is attributable to changes in interest rates and not credit quality, these investments were not considered other-than-temporarily impaired at March 31, 2021 and December 31, 2020, respectively. In the absence of changes in credit quality of these investments, the fair value is expected to recover on all debt securities as they approach their maturity date or re-pricing date, or if market yields for such investments decline. In addition, the Company does not have the intent to sell these investments over the period of recovery, and it is not more likely than not that the Company will be required to sell such investment securities. The following table presents the gross realized gains and losses from sales and calls of available-for-sale securities, as well as gains and losses on equity securities from fair value adjustments which have been recognized in earnings: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 Investment securities gains (losses), net ​ ​ ​ Available for sale securities: ​ ​ ​ Gross realized gains ​ $ 2 ​ $ — ​ Gross realized losses ​ — ​ — ​ Other-than-temporary impairment recognized ​ — ​ — ​ Other investment securities: ​ ​ ​ Fair value adjustments, net ​ 12 ​ (1) ​ Investment securities gains (losses), net ​ $ 14 ​ $ (1) ​ ​

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2021
Intangible Assets
Intangible Assets	(5) Intangible Assets Mortgage Servicing Rights At March 31, 2021, the Company was servicing approximately $288.9 million of loans sold to the secondary market compared to $292.7 million at December 31, 2020, and $270.6 million at March 31, 2020. Mortgage loan servicing fees, reported in real estate servicing fees, net, earned on loans sold were $193,000 for the three months ended March 31, 2021, compared to $188,000 for the three months ended March 31, 2020. The table below presents changes in mortgage servicing rights (MSRs) for the periods indicated. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 ​ Balance at beginning of period ​ $ 2,445 ​ $ 2,482 ​ Originated mortgage servicing rights ​ 170 ​ 67 ​ Changes in fair value: ​ ​ ​ Due to changes in model inputs and assumptions (1) ​ 22 ​ (198) ​ Other changes in fair value (2) ​ (143) ​ (77) ​ Total changes in fair value ​ ​ (121) ​ ​ (275) ​ Balance at end of period ​ $ 2,494 ​ $ 2,274 ​ (1) The change in fair value resulting from changes in valuation inputs or assumptions, reported in real estate servicing fees, net, used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates. (2) Other changes in fair value, reported in real estate servicing fees, net, reflect changes due to customer payments and passage of time. The following key data and assumptions were used in estimating the fair value of the Company’s MSRs as of March 31, 2021 and 2020, respectively: ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ 2021 2020 Weighted average constant prepayment rate ​ 15.04 % 15.18 % Weighted average note rate ​ 3.47 % 3.91 % Weighted average discount rate ​ 7.75 % 8.25 % Weighted average expected life (in years) ​ 5.0 4.4 ​ ​

Federal funds purchased and sec

Federal funds purchased and securities sold under agreements to repurchase	3 Months Ended
	Mar. 31, 2021
Federal funds purchased and securities sold under agreements to repurchase
Federal funds purchased and securities sold under agreements to repurchase	(6) Federal funds purchased and securities sold under agreements to repurchase ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ (in thousands) ​ 2021 2020 Federal funds purchased ​ $ — ​ $ — ​ Repurchase agreements ​ 42,018 ​ 45,154 ​ Total ​ $ 42,018 ​ $ 45,154 ​ ​ The Company offers a sweep account program whereby amounts in excess of an established limit are “swept” from the customer’s demand deposit account on a daily basis into retail repurchase agreements pursuant to individual repurchase agreements between the Company and its customers . . ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Repurchase Agreements ​ Remaining Contractual Maturity of the Agreements ​ Overnight Less Greater ​ ​ ​ and ​ than ​ than ​ ​ (in thousands) ​ continuous ​ 90 days ​ 90 days ​ Total At March 31, 2021 ​ ​ ​ ​ U.S. government-sponsored enterprises ​ $ 8,757 ​ $ — ​ $ — ​ $ 8,757 Mortgage-backed securities ​ 33,261 ​ — ​ — ​ 33,261 Total ​ $ 42,018 ​ $ — ​ $ — ​ $ 42,018 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2020 ​ ​ ​ ​ U.S. government and federal agency obligations ​ $ 2,728 ​ $ — ​ $ — ​ $ 2,728 U.S. government-sponsored enterprises ​ ​ 15,533 ​ — ​ — ​ 15,533 Mortgage-backed securities ​ 26,893 ​ — ​ — ​ 26,893 Total ​ $ 45,154 ​ $ — ​ $ — ​ $ 45,154 ​

Leases

Leases	3 Months Ended
	Mar. 31, 2021
Leases
Leases	​ ​ ​ (7) Leases The Company's leases primarily consist of office space and bank branches with remaining lease terms of generally 1 respectively. As of March 31, 2021, the weighted-average remaining lease term on these operating leases is approximately 7.3 years and the weighted-average discount rate used to measure the lease liabilities is approximately 4.0%. Operating leases in which the Company is the lessee are recorded as operating lease ROU assets and operating lease liabilities. Currently, the Company does not have any finance leases. The ROU assets are included in premises and equipment, net on the consolidated balance sheets. Operating lease ROU assets represent the Company's right to use an underlying asset during the lease term and operating lease liabilities represent the Company's obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using a discount rate that represents the Company's incremental borrowing rate at the lease commencement date. Operating lease cost, which is comprised of amortization of the ROU asset and the implicit interest accreted on the operating lease liability, is recognized on a straight-line basis over the lease term, and is recorded in net occupancy expense in the consolidated statements of income. The operating lease cost was $100,000 for the three months ended March 31, 2021 compared to $86,000 for the three months ended March 31, 2020. At adoption of ASU 2016-02 on January 1, 2019, lease and non-lease components of new lease agreements are accounted for separately. Lease components include fixed payments including rent, real estate taxes and insurance costs and non-lease components include common-area maintenance costs. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Operating lease expense for these leases was $13,000 for the three months ended March 31, 2021 compared to $35,000 for the three months ended March 31, 2020. The table below summarizes the maturity of remaining operating lease liabilities: ​ ​ ​ ​ ​ ​ Operating Lease payments due in: ​ Lease (in thousands) ​ ​ ​ 2021 (excluding 3 months ending March 31, 2021) $ 276 2022 ​ 367 2023 ​ 366 2024 ​ 258 2025 ​ 257 Thereafter ​ ​ 830 Total lease payments ​ ​ 2,354 Less imputed interest ​ ​ (296) Total lease liabilities, as reported ​ $ 2,058 ​ ​ ​ ​ ​

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2021
Income Taxes
Income taxes	(8) Income Taxes Income taxes as a percentage of earnings before income taxes as reported in the consolidated financial statements were 18.9% for the three months ended March 31, 2021 compared to 15.3% for the three months ended March 31, 2020, respectively. The increase in the effective tax rate for the three months ended March 31, 2021 compared to the three months ended March 31, 2020 was primarily attributable to the increase in earnings. The effective tax rate for each of the three months ended March 31, 2021 and 2020, respectively, is lower than the U.S. federal statutory rate of 21% primarily due to tax-free revenues. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income of the appropriate character during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning initiatives in making this assessment. In management's opinion, the Company will more likely than not realize the benefits of its deferred tax assets and, therefore, has not established a valuation allowance against its deferred tax assets as of March 31, 2021. Management arrived at this conclusion based upon the level of historical taxable income and projections for future taxable income of the appropriate character over the periods in which the deferred tax assets are deductible. The Company follows ASC Topic 740, Income Taxes, .

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2021
Stockholders' Equity
Stockholders' Equity	(9) Stockholders’ Equity Accumulated Other Comprehensive Income (Loss) The following details the change in the components of the Company’s accumulated other comprehensive income (loss) for the three months ended March 31, 2021 and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ ​ Unrecognized Net ​ Other ​ ​ Unrealized ​ Pension and ​ Comprehensive ​ ​ Gains (Losses) ​ Postretirement ​ Income (in thousands) on Securities (1) Costs (2) (Loss) Balance at beginning of period ​ $ 3,353 ​ $ (1,825) ​ $ 1,528 Other comprehensive income, before reclassifications ​ (3,518) ​ 45 ​ (3,473) Amounts reclassified from accumulated other comprehensive (loss) income ​ (2) ​ — ​ (2) Current period other comprehensive income (loss), before tax ​ (3,520) ​ 45 ​ (3,475) Income tax benefit (expense) ​ 740 ​ (10) ​ 730 Current period other comprehensive income (loss), net of tax ​ (2,780) ​ 35 ​ (2,745) Balance at end of period ​ $ 573 ​ $ (1,790) ​ $ (1,217) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ ​ Unrecognized Net ​ Other ​ ​ Unrealized ​ Pension and ​ Comprehensive ​ ​ Gains (Losses) ​ Postretirement ​ Income (in thousands) on Securities (1) Costs (2) (Loss) Balance at beginning of period ​ $ (23) ​ $ (3,732) ​ $ (3,755) Other comprehensive income, before reclassifications ​ 2,760 ​ 67 ​ 2,827 Amounts reclassified from accumulated other comprehensive income (loss) ​ — ​ — ​ — Current period other comprehensive income, before tax ​ 2,760 ​ 67 ​ 2,827 Income tax expense ​ (580) ​ (14) ​ (594) Current period other comprehensive income, net of tax ​ 2,180 ​ 53 ​ 2,233 Balance at end of period ​ $ 2,157 ​ $ (3,679) ​ $ (1,522) (1) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in investment securities gains (losses), net in the consolidated statements of income. (2) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic pension cost .

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Mar. 31, 2021
Employee Benefit Plans
Employee Benefit Plans	(10) Employee Benefit Plans Employee Benefits Employee benefits charged to operating expenses are summarized in the table below for the periods indicated. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, (in thousands) 2021 2020 Payroll taxes ​ $ 435 ​ $ 389 Medical plans ​ 450 ​ 427 401(k) match and profit sharing ​ ​ 499 ​ ​ 306 Periodic pension cost ​ 416 ​ 464 Other ​ 4 ​ 23 Total employee benefits ​ $ 1,804 ​ $ 1,609 ​ The Company’s profit-sharing plan includes a matching 401(k) portion, in which the Company matches the first 3% of eligible employee contributions. The Company makes annual contributions in an amount up to 6% of income before income taxes and before contributions to the profit-sharing and pension plans for all participants, limited to the maximum amount deductible for federal income tax purposes, for each of the periods shown. Other Plans On November 7, 2018, the Board of Directors of the Company adopted a supplemental executive retirement plan (SERP) which became effective on January 1, 2018. The SERP provides select employees who satisfy certain eligibility requirements with certain benefits upon retirement, termination of employment or death. As of March 31, 2021, the accrued liability was $1.1 million and the expense for the three months ended March 31, 2021 and 2020 was $97,000 and $80,000, respectively, and is recognized over the required service period. Pension The Company provides a noncontributory defined benefit pension plan for all full-time eligible employees. Beginning January 1, 2018 and for all retrospective periods presented, the Company adopted the guidance under ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost Effective July 1, 2017, the Company amended the pension plan to effectuate a “soft freeze” such that no individual hired (or rehired in the case of a former employee) by the Company after September 30, 2017, whether or not such individual is or was a vested member in the plan, will be eligible to be an active member and be entitled to accrue any benefits under the plan. Components of Net Pension Cost and Other Amounts Recognized in Accumulated Other Comprehensive Income The following items are components of net pension cost for the periods indicated: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Benefits ​ (in thousands) 2021 2020 ​ Service cost - benefits earned during the year ​ $ 1,663 ​ $ 1,857 ​ Interest costs on projected benefit obligations (a) ​ 1,023 ​ 1,159 ​ Expected return on plan assets (a) ​ (1,825) ​ (1,572) ​ Expected administrative expenses (a) ​ 104 ​ 110 ​ Amortization of prior service cost (a) ​ — ​ 50 ​ Amortization of unrecognized net loss (a) ​ 181 ​ 218 ​ Net periodic pension cost ​ $ 1,146 ​ $ 1,822 ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense. Net periodic pension benefit costs include interest costs based on an assumed discount rate, the expected return on plan assets based on actuarially derived market-related values, and the amortization of net actuarial losses. Net periodic postretirement benefit costs include service costs, interest costs based on an assumed discount rate, and the amortization of prior service credits and net actuarial gains. Differences between expected and actual results in each year are included in the net actuarial gain or loss amount, which is recognized in other comprehensive income. The net actuarial gain or loss in excess of a 10% corridor is amortized in net periodic benefit cost over the average remaining service period of active participants in the Plans. The prior service credit is amortized over the average remaining service period to full eligibility for participating employees expected to receive benefits.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2021
Earnings per Share
Earnings per Share	(11) Earnings per Share Stock Dividend On July 1, 2020, the Company paid a special stock dividend of 4% to common shareholders of record at the close of business on June 15, 2020. For all periods presented, share information, including basic and diluted earnings per share, has been adjusted retroactively to reflect this change. Basic earnings per share is computed by dividing income available to shareholders by the weighted average number of shares outstanding during the year. Diluted earnings per share gives effect to all dilutive potential shares that were outstanding during the year. Presented below is a summary of the components used to calculate basic and diluted earnings per common share, which have been restated for all stock dividends: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (dollars in thousands, except per share data) 2021 2020 Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ Net income available to shareholders ​ $ 5,839 ​ $ 868 ​ Average shares outstanding ​ ​ 6,362,869 ​ ​ 6,510,189 ​ Basic earnings per share ​ $ 0.92 ​ $ 0.13 ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ Net income available to shareholders ​ $ 5,839 ​ $ 868 ​ Average shares outstanding ​ 6,362,869 ​ 6,510,189 ​ Effect of dilutive stock options ​ — ​ — ​ Average shares outstanding including dilutive stock options ​ 6,362,869 ​ 6,510,189 ​ Diluted earnings per share ​ $ 0.92 ​ ​ 0.13 ​ ​ Under the treasury stock method, outstanding stock options are dilutive when the average market price of the Company’s common stock, when combined with the effect of any unamortized compensation expense, exceeds the option price during the period, except when the Company has a loss from continuing operations available to shareholders. In addition, proceeds from the assumed exercise of dilutive options along with the related tax benefit are assumed to be used to repurchase common shares at the average market price of such stock during the period. There were no shares for the three months ended March 31, 2021 that were omitted from the computation of diluted earnings per share as a result of being considered anti-dilutive. Repurchase Program In 2019, the Company's Board of Directors authorized the purchase of up to $5.0 million market value of the Company's common stock. Management was given discretion to determine the number and pricing of the shares to be purchased, as well as, the timing of any such purchases. During the three months ended March 31, 2021 the Company repurchased 117,632 shares at an average cost of $18.26 per share totaling $2.1 million. As of March 31, 2021, $1.9 million remained available for the repurchase of shares pursuant to the share repurchase authorization.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2021
Fair Value Measurements
Fair Value Measurements	(12) Fair Value Measurements Fair value represents the amount expected to be received to sell an asset or paid to transfer a liability in its principal or most advantageous market in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, the Company uses various valuation methodologies and assumptions to estimate fair value. The measurement of fair value under US GAAP uses a hierarchy intended to maximize the use of observable inputs and minimize the use of unobservable inputs. This hierarchy uses three levels of inputs to measure the fair value of assets and liabilities as follows. The fair value hierarchy is as follows: Level 1 – Inputs are unadjusted quoted prices for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and is used to measure fair value whenever available. A contractually binding sales price also provides reliable evidence of fair value. Level 2 – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 – Inputs are unobservable inputs for the asset or liability and significant to the fair value. These may be internally developed using the Company’s best information and assumptions that a market participant would consider. In accordance with fair value accounting guidance, the Company measures, records, and reports various types of assets and liabilities at fair value on either a recurring or non-recurring basis in the Consolidated Financial Statements. Nonfinancial assets measured at fair value on a nonrecurring basis would include foreclosed real estate, long-lived assets, and core deposit intangible assets, which are reviewed when circumstances or other events indicate that impairment may have occurred. Valuation Methods for Assets and Liabilities Measured at Fair Value on a Recurring Basis Following is a description of the Company’s valuation methodologies used for assets and liabilities recorded at fair value on a recurring basis: Available-for-Sale Securities The fair value measurements of the Company’s investment securities are determined by a third party pricing service which considers 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. The fair value measurements are subject to independent verification to another pricing source by management each quarter for reasonableness. Equity securities with readily determinable fair values are recorded at fair value, with changes in fair value reflected in earnings. The Company uses level 1 inputs to value equity securities that are traded in active markets. Equity securities that do not have readily determinable fair values are carried at cost and are periodically assessed for impairment. Equity securities that are not actively traded are classified in level 2. Mortgage Servicing Rights The fair value of mortgage servicing rights is based on the discounted value of estimated future cash flows utilizing contractual cash flows, servicing rate, constant prepayment rate, servicing cost, and discount rate factors. Accordingly, the fair value is estimated based on a valuation model 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, market discount rates, cost to service, float earnings rates, and other ancillary income, including late fees. The valuation models estimate the present value of estimated future net servicing income. The Company classifies its servicing rights as Level 3. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for ​ Other ​ Significant ​ ​ ​ ​ ​ Identical ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Assets ​ Inputs ​ Inputs (in thousands) Fair Value (Level 1) (Level 2) (Level 3) March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 3,041 ​ $ 3,041 ​ — $ — U.S. government and federal agency obligations ​ 19,829 ​ — ​ 19,829 — U.S. government-sponsored enterprises ​ 22,551 ​ — ​ 22,551 — Obligations of states and political subdivisions ​ 70,818 ​ — ​ 70,818 — Mortgage-backed securities ​ 108,644 ​ — ​ 108,644 — Other debt securities ​ ​ 12,023 ​ ​ — ​ ​ 12,023 ​ ​ — Bank-issued trust preferred securities ​ ​ 1,236 ​ ​ — ​ ​ 1,236 ​ ​ — Equity securities ​ ​ 45 ​ ​ 45 ​ ​ — ​ ​ — Mortgage servicing rights ​ 2,494 ​ — ​ — 2,494 Total ​ $ 240,681 ​ $ 3,086 ​ $ 235,101 $ 2,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 2,798 ​ $ 2,798 ​ — $ — U.S. government and federal agency obligations ​ 11,929 ​ — ​ 11,929 — U.S. government-sponsored enterprises ​ 22,874 ​ — ​ 22,874 — Obligations of states and political subdivisions ​ 58,744 ​ — ​ 58,744 — Mortgage-backed securities ​ 90,112 ​ — ​ 90,112 — Other debt securities ​ ​ 10,344 ​ ​ — ​ ​ 10,344 ​ ​ — Bank-issued trust preferred securities ​ ​ 1,229 ​ ​ — ​ ​ 1,229 ​ ​ — Equity securities ​ ​ 32 ​ ​ 32 ​ ​ — ​ ​ — Mortgage servicing rights ​ 2,445 ​ — ​ — 2,445 Total ​ $ 200,507 ​ $ 2,830 ​ $ 195,232 $ 2,445 ​ The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ (Level 3) ​ ​ ​ Mortgage Servicing Rights ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 Balance at beginning of period ​ $ 2,445 ​ $ 2,482 ​ Total (losses) or gains (realized/unrealized): ​ ​ ​ ​ ​ ​ ​ Included in earnings ​ (121) ​ (275) ​ Included in other comprehensive income ​ — ​ — ​ Purchases ​ — ​ — ​ Sales ​ — ​ — ​ Issues ​ 170 ​ 67 ​ Settlements ​ — ​ — ​ Balance at end of period ​ $ 2,494 ​ $ 2,274 ​ ​ Valuation methods for Assets and Liabilities measured at fair value on a nonrecurring basis Following is a description of the Company’s valuation methodologies used for assets and liabilities recorded at fair value on a nonrecurring basis: Collateral dependent impaired loans While the overall loan portfolio is not carried at fair value, the Company periodically records nonrecurring adjustments to the carrying value of loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Nonrecurring adjustments also include certain impairment amounts for collateral dependent loans when establishing the allowance for loan losses. Such amounts are generally based on the fair value of the underlying collateral supporting the loan. In determining the value of real estate collateral, the Company relies on external and internal appraisals of property values depending on the size and complexity of the real estate collateral. The Company maintains staff that is trained to perform in-house evaluations and also review third party appraisal reports for reasonableness. In the case of non-real estate collateral, reliance is placed on a variety of sources, including external estimates of value and judgments based on the experience and expertise of internal specialists. Values of all loan collateral are regularly reviewed by senior loan committee. Because many of these inputs are not observable, the measurements are classified as Level 3. As of March 31, 2021, the Company identified $31.8 million in collateral dependent impaired loans that had specific allowances for losses aggregating $4.7 million. Related to these loans, there were $23,000 in charge-offs recorded during the three months ended March 31, 2021. As of March 31, 2020 the Company identified $5.8 million in collateral dependent impaired loans that had specific allowances for losses aggregating $0.2 million. Related to these loans, there were $55,000 in charge-offs recorded during the three months ended March 31, 2020. Other Real Estate and Foreclosed Assets Other real estate owned (OREO) and foreclosed assets consisted of loan collateral that has been repossessed through foreclosure. This collateral is comprised of commercial and residential real estate and other non-real estate property, including autos, manufactured homes, and construction equipment. Subsequent to foreclosure, these assets initially are carried at fair value of the collateral less estimated selling costs. Fair value, when recorded, is generally based upon appraisals by approved, independent state certified appraisers. Like impaired loans, appraisals on OREO may be discounted based on the Company’s historical knowledge, changes in market conditions from the time of appraisal or other information available. During the holding period, valuations are updated periodically, and the assets may be written down to reflect a new cost basis. Because many of these inputs are not observable, the measurements are classified as Level 3. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for ​ Other ​ Significant ​ ​ ​ ​ ​ ​ ​ Identical ​ Observable ​ Unobservable ​ ​ ​ ​ Total ​ Assets ​ Inputs ​ Inputs ​ Total Gains (in thousands) Fair Value (Level 1) (Level 2) (Level 3) (Losses)* March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral dependent impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial, & agricultural ​ $ 4,188 ​ $ — ​ $ — ​ $ 4,188 $ — Real estate mortgage - residential ​ 403 ​ — ​ — ​ 403 — Real estate mortgage - commercial ​ 22,484 ​ — ​ — ​ 22,484 (23) Total ​ $ 27,075 ​ $ — ​ $ — ​ $ 27,075 $ (23) Other real estate and repossessed assets ​ $ 12,140 ​ $ — ​ $ — ​ $ 12,140 $ (73) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral dependent impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial, & agricultural ​ $ 2,422 ​ $ — ​ $ — ​ $ 2,422 $ — Real estate construction - commercial ​ 408 ​ — ​ — ​ 408 — Real estate mortgage - residential ​ 1,921 ​ — ​ — ​ 1,921 (19) Real estate mortgage - commercial ​ 827 ​ — ​ — ​ 827 (22) Installment and other consumer ​ 12 ​ — ​ — ​ 12 (14) Total ​ $ 5,590 ​ $ — ​ $ — ​ $ 5,590 $ (55) Other real estate and repossessed assets ​ $ 12,769 ​ $ — ​ $ — ​ $ 12,769 $ (12) * Total losses reported for other real estate and foreclosed assets includes charge-offs, valuation write downs, and net losses taken during the periods reported.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2021
Fair Value of Financial Instruments
Fair Value of Financial Instruments	(13) Fair Value of Financial Instruments The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate such value: Loans Fair values are estimated for portfolios with similar financial characteristics. Loans are segregated by type, such as commercial, real estate, and consumer. Each loan category is further segmented into fixed and variable interest rate categories. The fair value of loans, or exit price, is estimated by using the future value of discounted cash flows using comparable market rates for similar types of loan products and adjusted for market factors. The discount rates used are estimated using comparable market rates for similar types of loan products adjusted to be commensurate with the credit risk, overhead costs, and optionality of such instruments. Loans Held for Sale Loans originated and intended to be sold in the secondary market, generally 1-4 family residential mortgage loans, are carried, in aggregate, at the lower of cost or estimated fair value. The estimated fair value measurements of loans held for sale are management's best estimate of market value, which is primarily based on quoted market prices for similar loans in the secondary market. Investment Securities A detailed description of the fair value measurement of the debt instruments in the available-for-sale sections of the investment security portfolio is provided in the Fair Value Measurement Investment Securities Other investment securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. Equity securities that are not actively traded are classified in level 2. Equity securities with readily determinable fair values are recorded at fair value, with changes in fair value reflected in earnings. Equity securities that do not have readily determinable fair values are carried at cost and are periodically assessed for impairment. The Company uses level 1 inputs to value equity securities that are traded in active markets. Federal Funds Sold, Cash, and Due from Banks The carrying amounts of short-term federal funds sold, interest earning deposits with banks, and cash and due from banks approximate fair value. Federal funds sold classified as short-term generally mature in 90 days or less. Certificates of Deposit in other banks Certificates of deposit are other investments made by the Company with other financial institutions that are carried at cost which is equal to fair value. Cash Surrender Value - Life Insurance The fair value of Bank owned life insurance (BOLI) approximates the carrying amount. Upon liquidation of these investments, the Company would receive the cash surrender value which equals the carrying amount. Accrued Interest Receivable and Payable For accrued interest receivable and payable, the carrying amount is a reasonable estimate of fair value because of the short maturity for these financial instruments. Deposits The fair value of deposits with no stated maturity, such as noninterest-bearing demand, NOW accounts, savings, and money market, is equal to the amount payable on demand. The fair value of time deposits is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Federal funds purchased and Securities Sold under Agreements to Repurchase For Federal funds purchased and securities sold under agreements to repurchase, the carrying amount is a reasonable estimate of fair value, as such instruments reprice in a short time period. Subordinated Notes and Other Borrowings The fair value of subordinated notes and other borrowings is based on the discounted value of contractual cash-flows. The discount rate is estimated using the rates currently offered for other borrowed money of similar remaining maturities. Operating Lease Liabilities The fair value of operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using a discount rate that represents the Company's incremental borrowing rate at the lease commencement date. A summary of the carrying amounts and fair values of the Company’s financial instruments at March 31, 2021 and December 31, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ Markets for Other Significant ​ March 31, 2021 Identical Observable Unobservable ​ Carrying Fair Assets Inputs Inputs (in thousands) amount value (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 18,496 ​ $ 18,496 ​ $ 18,496 ​ $ — $ — Federal funds sold and overnight interest-bearing deposits ​ 128,207 ​ 128,207 ​ 128,207 ​ — ​ — Certificates of deposit in other banks ​ 8,897 ​ 8,897 ​ 8,897 ​ — ​ — Available for sale securities ​ 238,142 ​ 238,142 ​ 3,041 ​ 235,101 ​ — Other investment securities ​ 6,188 ​ 6,188 ​ 45 ​ 6,143 ​ — Loans, net ​ 1,257,824 ​ 1,283,560 ​ — ​ — ​ 1,283,560 Loans held for sale ​ ​ 6,308 ​ ​ 6,308 ​ ​ — ​ ​ — ​ ​ 6,308 Cash surrender value - life insurance ​ 2,465 ​ 2,465 ​ — ​ 2,465 ​ — Accrued interest receivable ​ 6,488 ​ 6,488 ​ 6,488 ​ — ​ — Total ​ $ 1,673,015 ​ $ 1,698,751 ​ $ 165,174 ​ $ 243,709 $ 1,289,868 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-interest bearing demand ​ $ 431,035 ​ $ 431,035 ​ $ 431,035 ​ $ — $ — Savings, interest checking and money market ​ 708,615 ​ 708,615 ​ 708,615 ​ — ​ — Time deposits ​ 254,332 ​ 256,047 ​ — ​ — ​ 256,047 Federal funds purchased and securities sold under agreements to repurchase ​ 42,018 ​ 42,018 ​ 42,018 ​ — ​ — Federal Home Loan Bank advances and other borrowings ​ 97,614 ​ 99,750 ​ — ​ 99,750 ​ — Subordinated notes ​ 49,486 ​ 41,176 ​ — ​ 41,176 ​ — Operating lease liabilities ​ ​ 2,058 ​ ​ 2,058 ​ ​ — ​ ​ 2,058 ​ ​ — Accrued interest payable ​ 439 ​ 439 ​ 439 ​ — ​ — Total ​ $ 1,585,597 ​ $ 1,581,138 ​ $ 1,182,107 ​ $ 142,984 $ 256,047 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ Markets for Other Significant ​ ​ December 31, 2020 Identical Observable Unobservable ​ Carrying Fair Assets Inputs Inputs (in thousands) amount value (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 19,235 ​ $ 19,235 ​ $ 19,235 ​ $ — $ — Federal funds sold and overnight interest-bearing deposits ​ 161,128 ​ 161,128 ​ 161,128 ​ — ​ — Certificates of deposit in other banks ​ 9,376 ​ 9,376 ​ 9,376 ​ — ​ — Available-for-sale securities ​ 198,030 ​ 198,030 ​ 2,798 ​ 195,232 ​ — Other investment securities ​ 6,353 ​ 6,353 ​ 32 ​ 6,321 ​ — Loans, net ​ 1,268,854 ​ 1,288,677 ​ — ​ — ​ 1,288,677 Loans held for sale ​ ​ 5,099 ​ ​ 5,279 ​ ​ — ​ ​ — ​ ​ 5,279 Cash surrender value - life insurance ​ 2,451 ​ 2,451 ​ — ​ 2,451 ​ — Accrued interest receivable ​ 6,640 ​ 6,640 ​ 6,640 ​ — ​ — ​ ​ $ 1,677,166 ​ $ 1,697,169 ​ $ 199,209 ​ $ 204,004 $ 1,293,956 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-interest bearing demand ​ $ 382,492 ​ $ 382,492 ​ $ 382,492 ​ $ — $ — Savings, interest checking and money market ​ 723,808 ​ 723,808 ​ 723,808 ​ — ​ — Time deposits ​ 277,306 ​ 279,569 ​ — ​ — ​ 279,569 Federal funds purchased and securities sold under agreements to repurchase ​ 45,154 ​ 45,154 ​ 45,154 ​ — ​ — Federal Home Loan Bank advances and other borrowings ​ 106,674 ​ 110,121 ​ — ​ 110,121 ​ — Subordinated notes ​ 49,486 ​ 40,929 ​ — ​ 40,929 ​ — Operating lease liabilities ​ ​ 2,137 ​ ​ 2,137 ​ ​ — ​ ​ 2,137 ​ ​ — Accrued interest payable ​ 837 ​ 837 ​ 837 ​ — ​ — ​ ​ $ 1,587,894 ​ $ 1,585,047 ​ $ 1,152,291 ​ $ 153,187 $ 279,569 ​ Off-Balance Sheet Financial Instruments The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements, the likelihood of the counterparties drawing on such financial instruments, and the present creditworthiness of such counterparties. The Company believes such commitments have been made on terms that are competitive in the markets in which it operates. Limitations The fair value estimates provided are made at a point in time based on market information and information about the financial instruments. Because no market exists for a portion of the Company’s 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 the fair value estimates.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies
Commitments and Contingencies	(14) Commitments and Contingencies The Company issues financial instruments with off-balance-sheet risk in the normal course of business of meeting the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments may involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated balance sheets. The Company’s extent of involvement and maximum potential exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for financial instruments included on its consolidated balance sheets. At March 31, 2021, no amounts have been accrued for any estimated losses for these financial instruments. The contractual amount of off-balance-sheet financial instruments were as follows as of the dates indicated: ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Commitments to extend credit ​ $ 350,465 ​ $ 264,528 Commitments to originate residential first and second mortgage loans ​ 50,340 ​ 51,270 Standby letters of credit ​ 20,810 ​ 125,800 Total ​ ​ 421,615 ​ ​ 441,598 ​ Commitments Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since certain of the commitments and letters of credit are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies, but may include accounts receivable, inventory, furniture and equipment, and real estate. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These standby letters of credit are primarily issued to support contractual obligations of the Company’s customers. The approximate remaining term of standby letters of credit range from one month to five years at March 31, 2021. Pending Litigation The Company and its subsidiaries are defendants in various legal actions incidental to the Company’s past and current business activities. Based on the Company’s analysis, and considering the inherent uncertainties associated with litigation, management does not believe that it is reasonably possible that these legal actions will materially adversely affect the Company’s consolidated financial condition or results of operations in the near term. The Company records a loss accrual for all legal matters for which it deems a loss is probable and can be reasonably estimated. Some legal matters, which are at early stages in the legal process, have not yet progressed to the point where a loss is deemed probable or an amount can be estimated.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Summary of Significant Accounting Policies
Stock Dividend	Stock Dividend
Operating, Accounting and Reporting Considerations related to COVID-19	Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has negatively impacted the global economy, including the United States. In response to this crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act, along with subsequent relief programs, provided substantial funding to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications – Section 4013 of the CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. ● Paycheck Protection Program - The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s (“SBA”) 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the SBA. On December 27, 2020, the Consolidated Appropriations Act, 2021 (“CAA”) was signed into law. The CAA provides several amendments to the PPP, including additional funding for first and second draws of PPP loans up to March 31, 2021. On March 30, 2021, the PPP Extension Act of 2021 was signed into law, which extends the program to May 31, 2021. The Company is a participant in the PPP. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications - Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with FASB staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payment. See Note 2 Loans and Leases and the Allowance for Credit Losses for more information. ● Past Due Reporting - With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreement. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. ● Nonaccrual Status and Charge-offs - During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 pandemic. These modifications generally involve principal and/or interest payment deferrals for up to six months. These modifications generally meet the criteria of both Section 4013 of the CARES Act and the joint interagency statement, and therefore, the Company does not account for such loan modifications as TDRs. As the COVID-19 pandemic persists in negatively impacting the economy, the Company continues to offer additional loan modifications to borrowers struggling as a result of the pandemic. Similar to the initial modifications granted, the additional round of loan modifications are granted specifically under Section 4013 of the CARES Act and generally involve principal and/or interest payment deferrals for up to an additional six months for commercial and consumer loans, and principal-only deferrals for up to an additional 12 months for selected commercial loans. On August 3, 2020, the Federal Financial Institutions Examination Council on behalf of its members (collectively “the FFIEC members”) issued a joint statement on additional loan accommodations related to the COVID-19 pandemic. The joint statement clarifies that for loan modifications in which Section 4013 is being applied, subsequent modifications could also be eligible under Section 4013. To be eligible, each loan modification must be (1) related to the COVID-19 event; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency or (B) December 31, 2020. The December 31, 2020 deadline was subsequently extended to January 1, 2022, by the CAA. Substantially all of the Company’s additional round of loan modifications granted under Section 4013 of the CARES Act are in compliance with the aforementioned FFIEC requirements. Accordingly, the Company does not account for such loan modifications as TDRs.

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2021
Loans and Allowances for Loan Losses
Schedule of summary of loans, by major class within the Company's loan portfolio	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Commercial, financial, and agricultural (a) ​ $ 251,943 ​ $ 272,918 Real estate construction − ​ 33,962 ​ 29,692 Real estate construction − ​ 78,576 ​ 78,144 Real estate mortgage − ​ 258,259 ​ 262,339 Real estate mortgage − ​ 628,178 ​ 617,133 Installment and other consumer ​ 25,267 ​ 26,741 Total loans held for investment ​ $ 1,276,185 ​ $ 1,286,967 (a) Includes $56.3 million and $63.3 million SBA PPP loans, net as of March 31, 2021 and December 31, 2020, respectively.
Schedule of summary of the allowance for loan losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2021 ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total Balance at beginning of period ​ $ 5,121 ​ $ 213 ​ $ 475 ​ $ 2,679 ​ $ 9,354 ​ $ 264 ​ $ 7 ​ $ 18,113 Additions: ​ ​ ​ ​ ​ ​ ​ ​ Provision for loan losses ​ (567) ​ 83 ​ 57 ​ (253) ​ 573 ​ 13 ​ 94 ​ — Deductions: ​ ​ ​ ​ ​ ​ ​ ​ Loans charged off ​ 27 ​ — ​ — ​ — ​ 23 ​ 57 ​ — ​ 107 Less recoveries on loans ​ (149) ​ (13) ​ — ​ (168) ​ — ​ (25) ​ — ​ (355) Net loan charge-offs (recoveries) ​ (122) ​ (13) ​ — ​ (168) ​ 23 ​ 32 ​ — ​ (248) Balance at end of period ​ $ 4,676 ​ $ 309 ​ $ 532 ​ $ 2,594 ​ $ 9,904 ​ $ 245 ​ $ 101 ​ $ 18,361 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2020 ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total Balance at beginning of period ​ $ 2,918 ​ $ 64 ​ $ 369 ​ $ 2,118 ​ $ 6,547 ​ $ 381 ​ $ 80 ​ $ 12,477 Additions: ​ ​ ​ ​ ​ ​ ​ ​ Provision for loan losses ​ 721 ​ 53 ​ 253 ​ 255 ​ 2,087 ​ 8 ​ (77) ​ 3,300 Deductions: ​ ​ ​ ​ ​ ​ ​ ​ Loans charged off ​ 41 ​ — ​ — ​ 19 ​ 22 ​ 52 ​ — ​ 134 Less recoveries on loans ​ (25) ​ — ​ — ​ (9) ​ (2) ​ (14) ​ — ​ (50) Net loan charge-offs ​ 16 ​ — ​ — ​ 10 ​ 20 ​ 38 ​ — ​ 84 Balance at end of period ​ $ 3,623 ​ $ 117 ​ $ 622 ​ $ 2,363 ​ $ 8,614 ​ $ 351 ​ $ 3 ​ $ 15,693 ​
Schedule of allowance for loan losses and recorded investment by portfolio segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ Real Estate ​ Real Estate ​ Real Estate ​ Real Estate ​ Installment ​ ​ ​ ​ ​ ​ ​ Financial, and ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and Other ​ Un- ​ ​ (in thousands) Agricultural Residential Commercial Residential Commercial Consumer allocated Total March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 2,134 ​ $ 26 ​ $ 28 ​ $ 256 ​ $ 2,691 ​ $ 9 ​ $ — ​ $ 5,144 Collectively evaluated for impairment ​ 2,542 ​ 283 ​ 504 ​ 2,338 ​ 7,213 ​ 236 ​ 101 ​ 13,217 Total ​ $ 4,676 ​ $ 309 ​ $ 532 ​ $ 2,594 ​ $ 9,904 ​ $ 245 ​ $ 101 ​ $ 18,361 Loans outstanding: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 7,408 ​ $ 189 ​ $ 198 ​ $ 3,134 ​ $ 25,647 ​ $ 71 ​ $ — ​ $ 36,647 Collectively evaluated for impairment ​ 244,535 ​ 33,773 ​ 78,378 ​ 255,125 ​ 602,531 ​ 25,196 ​ — ​ 1,239,538 Total ​ $ 251,943 ​ $ 33,962 ​ $ 78,576 ​ $ 258,259 ​ $ 628,178 ​ $ 25,267 ​ $ — ​ $ 1,276,185 ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 2,187 ​ $ 27 ​ $ 28 ​ $ 263 ​ $ 2,594 ​ $ 14 ​ $ — ​ $ 5,113 Collectively evaluated for impairment ​ 2,934 ​ 186 ​ 447 ​ 2,416 ​ 6,760 ​ 250 ​ 7 ​ 13,000 Total ​ $ 5,121 ​ $ 213 ​ $ 475 ​ $ 2,679 ​ $ 9,354 ​ $ 264 ​ $ 7 ​ $ 18,113 Loans outstanding: ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 7,552 ​ $ 192 ​ $ 200 ​ $ 3,626 ​ $ 25,657 ​ $ 108 ​ $ — ​ $ 37,335 Collectively evaluated for impairment ​ 265,366 ​ 29,500 ​ 77,944 ​ 258,713 ​ 591,476 ​ 26,633 ​ — ​ 1,249,632 Total ​ $ 272,918 ​ $ 29,692 ​ $ 78,144 ​ $ 262,339 ​ $ 617,133 ​ $ 26,741 ​ $ — ​ $ 1,286,967
Schedule of impaired loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Non-accrual loans ​ $ 34,233 ​ $ 34,559 Performing TDRs ​ 2,414 ​ 2,776 Total impaired loans ​ $ 36,647 ​ $ 37,335 ​ The following tables provide additional information about impaired loans at March 31, 2021 and December 31, 2020, respectively, segregated between loans for which an allowance has been provided and loans for which no allowance has been provided. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Specific (in thousands) ​ Investment ​ Balance ​ Reserves March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 1,837 ​ $ 1,882 ​ $ — Real estate mortgage − ​ 1,275 ​ 1,377 ​ — Real estate mortgage − ​ ​ 9,457 ​ ​ 9,467 ​ ​ — Total ​ $ 12,569 ​ $ 12,726 ​ $ — With an allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 5,571 ​ $ 5,645 ​ $ 2,134 Real estate construction − ​ ​ 189 ​ ​ 189 ​ ​ 26 Real estate construction − ​ 198 ​ 251 ​ 28 Real estate mortgage − ​ 1,859 ​ 2,304 ​ 256 Real estate mortgage − ​ 16,190 ​ 16,257 ​ 2,691 Installment and other consumer ​ 71 ​ 75 ​ 9 Total ​ $ 24,078 ​ $ 24,721 ​ $ 5,144 Total impaired loans ​ $ 36,647 ​ $ 37,447 ​ $ 5,144 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Specific (in thousands) ​ Investment ​ Balance ​ Reserves December 31, 2020 ​ ​ ​ With no related allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 1,703 ​ $ 1,731 ​ $ — Real estate mortgage − ​ 1,300 ​ 1,395 ​ — Real estate mortgage − ​ ​ 8,943 ​ ​ 8,943 ​ ​ — Total ​ $ 11,946 ​ $ 12,069 ​ $ — With an allowance recorded: ​ ​ ​ Commercial, financial and agricultural ​ $ 5,849 ​ $ 6,180 ​ $ 2,187 Real estate construction − ​ ​ 192 ​ ​ 192 ​ ​ 27 Real estate construction − ​ 200 ​ 251 ​ 28 Real estate mortgage − ​ 2,326 ​ 2,786 ​ 263 Real estate mortgage − ​ 16,714 ​ 16,787 ​ 2,594 Installment and other consumer ​ 108 ​ 112 ​ 14 Total ​ $ 25,389 ​ $ 26,308 ​ $ 5,113 Total impaired loans ​ $ 37,335 ​ $ 38,377 ​ $ 5,113 ​ The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans during the periods indicated. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ ​ 2021 ​ 2020 ​ ​ ​ ​ ​ ​ Interest ​ ​ ​ ​ Interest ​ ​ ​ Average ​ Recognized ​ Average ​ Recognized ​ ​ ​ Recorded ​ For the ​ Recorded ​ For the ​ (in thousands) Investment Period Ended Investment Period Ended ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 1,742 ​ $ 8 ​ $ 1,014 ​ $ — ​ Real estate construction − ​ ​ — ​ ​ — ​ ​ 227 ​ ​ — ​ Real estate mortgage − ​ 1,424 ​ 9 ​ 1,581 ​ — ​ Real estate mortgage − ​ 9,457 ​ — ​ 1,163 ​ 6 ​ Installment and other consumer ​ ​ — ​ ​ — ​ ​ 12 ​ ​ — ​ Total ​ $ 12,623 ​ $ 17 ​ $ 3,997 ​ $ 6 ​ With an allowance recorded: ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 5,696 ​ $ 7 ​ $ 1,195 ​ $ 8 ​ Real estate construction − ​ ​ 190 ​ ​ — ​ ​ — ​ ​ — ​ Real estate construction − ​ 199 ​ — ​ — ​ — ​ Real estate mortgage − ​ 1,958 ​ 6 ​ 2,550 ​ 20 ​ Real estate mortgage − ​ 16,195 ​ 7 ​ 370 ​ 2 ​ Installment and other consumer ​ 85 ​ 3 ​ 117 ​ 6 ​ Total ​ $ 24,323 ​ $ 23 ​ $ 4,232 ​ $ 36 ​ Total impaired loans ​ $ 36,946 ​ $ 40 ​ $ 8,229 ​ $ 42 ​
Schedule of aging information for the Company's past due and non-accrual loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current or ​ ​ 90 Days ​ ​ ​ ​ ​ ​ Less Than ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ 30 Days ​ 30 - 89 Days ​ And Still ​ ​ ​ ​ ​ ​ (in thousands) ​ Past Due ​ Past Due ​ Accruing ​ Non-Accrual ​ Total March 31, 2021 ​ ​ ​ ​ ​ Commercial, Financial, and Agricultural ​ $ 245,019 ​ $ 333 ​ $ — ​ $ 6,591 ​ $ 251,943 Real estate construction − ​ 33,773 ​ — ​ — ​ 189 ​ 33,962 Real estate construction − ​ 78,378 ​ — ​ — ​ 198 ​ 78,576 Real estate mortgage − ​ 255,172 ​ 1,170 ​ — ​ 1,917 ​ 258,259 Real estate mortgage − ​ 602,502 ​ 367 ​ — ​ 25,309 ​ 628,178 Installment and Other Consumer ​ 25,181 ​ 57 ​ — ​ 29 ​ 25,267 Total ​ $ 1,240,025 ​ $ 1,927 ​ $ — ​ $ 34,233 ​ $ 1,276,185 December 31, 2020 ​ ​ ​ ​ ​ Commercial, Financial, and Agricultural ​ $ 265,821 ​ $ 380 ​ $ — ​ $ 6,717 ​ $ 272,918 Real estate construction − ​ 29,500 ​ — ​ — ​ 192 ​ 29,692 Real estate construction − ​ 77,944 ​ — ​ — ​ 200 ​ 78,144 Real estate mortgage − ​ 259,688 ​ 546 ​ — ​ 2,105 ​ 262,339 Real estate mortgage − ​ 591,815 ​ 4 ​ — ​ 25,314 ​ 617,133 Installment and Other Consumer ​ 26,576 ​ 117 ​ 17 ​ 31 ​ 26,741 Total ​ $ 1,251,344 ​ $ 1,047 ​ $ 17 ​ $ 34,559 ​ $ 1,286,967
Schedule of risk categories by class	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, Real Estate Real Estate Real Estate Real Estate Installment ​ ​ ​ ​ Financial, & ​ Construction - ​ Construction - ​ Mortgage - ​ Mortgage - ​ and other ​ ​ ​ (in thousands) ​ Agricultural ​ Residential ​ Commercial ​ Residential ​ Commercial ​ Consumer ​ Total At March 31, 2021 ​ ​ ​ ​ ​ ​ ​ Watch ​ $ 8,675 ​ $ 540 ​ $ 7,013 ​ $ 15,694 ​ $ 71,375 ​ $ — ​ $ 103,297 Substandard ​ 581 ​ — ​ 2,670 ​ 954 ​ 1,645 ​ — ​ 5,850 Performing TDRs ​ 817 ​ — ​ — ​ 1,217 ​ 338 ​ 42 ​ 2,414 Non-accrual loans ​ 6,591 ​ 189 ​ 198 ​ 1,917 ​ 25,309 ​ 29 ​ 34,233 Total ​ $ 16,664 ​ $ 729 ​ $ 9,881 ​ $ 19,782 ​ $ 98,667 ​ $ 71 ​ $ 145,794 At December 31, 2020 ​ ​ ​ ​ ​ ​ ​ Watch ​ $ 9,649 ​ $ 545 ​ $ 10,806 ​ $ 15,835 ​ $ 66,936 ​ $ — ​ $ 103,771 Substandard ​ 598 ​ — ​ — ​ 1,002 ​ 1,662 ​ — ​ 3,262 Performing TDRs ​ 835 ​ — ​ — ​ 1,521 ​ 343 ​ 77 ​ 2,776 Non-accrual loans ​ 6,717 ​ 192 ​ 200 ​ 2,105 ​ 25,314 ​ 31 ​ 34,559 Total ​ $ 17,799 ​ $ 737 ​ $ 11,006 ​ $ 20,463 ​ $ 94,255 ​ $ 108 ​ $ 144,368
Schedule of loan modifications provided for under the CARES Act	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Remaining Loan Modifications under the CARES Act by NAICS Code as of March 31, 2021 ​ ​ ​ ​ ​ % of ​ ​ ​ % of ​ ​ ​ % of ​ ​ ​ ​ ​ ​ ​ ​ Total Remaining Full Total Remaining ​ ​ ​ Total Remaining ​ ​ ​ ​ ​ Interest Loan Deferral Loan Extended Loan ​ ​ ​ Industry Category Only Modifications (1) Modifications Amortizations Modifications Totals (in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real Estate and Rental and Leasing ​ $ 4,521 ​ 6.2 % $ 5,790 ​ ​ 8.0 % $ 499 ​ ​ 0.7 % $ 10,810 ​ Accommodations and Food Services ​ ​ 10,590 ​ ​ 14.5 ​ ​ 29,007 ​ ​ 39.8 ​ ​ 4,592 ​ ​ 6.3 ​ ​ 44,189 ​ Construction ​ ​ 144 ​ ​ 0.2 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 ​ Lands and lots ​ ​ 1,553 ​ ​ 2.1 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,553 ​ Cinemas ​ ​ 1,086 ​ ​ 1.5 ​ ​ 4,691 ​ ​ 6.4 ​ ​ — ​ ​ — ​ ​ 5,777 ​ Arts, Entertainment, Recreation ​ ​ 10,164 ​ ​ 14.0 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 10,164 ​ Non-NAICS (Consumer) ​ ​ — ​ ​ 0.0 ​ ​ 161 ​ ​ 0.3 ​ ​ — ​ ​ — ​ ​ 161 ​ Total modifications ​ $ 28,058 ​ ​ 38.5 % $ 39,649 ​ ​ 54.5 % $ 5,091 ​ ​ 7.0 % $ 72,798 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of summary of loans that were modified as TDRs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2021 ​ 2020 ​ ​ Recorded Investment (1) ​ Recorded Investment (1) ​ ​ Number of ​ Pre- ​ Post- ​ Number of ​ Pre- ​ Post- (in thousands) Contracts Modification Modification Contracts Modification Modification Troubled Debt Restructurings ​ ​ ​ ​ ​ Installment and other consumer ​ — ​ $ — 　 ​ $ — 1 ​ $ 6 $ 5 Total — ​ $ — ​ $ — 1 ​ $ 6 ​ $ 5 (1) The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off or foreclosed upon during the period ended are not reported.

Other Real Estate Acquired in_2

Other Real Estate Acquired in Settlement of Loans (Tables)	3 Months Ended
	Mar. 31, 2021
Other Real Estate Acquired in Settlement of Loans
Schedule of summary of real estate and other assets acquired in settlement of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) ​ 2021 2020 Commercial ​ $ 920 ​ $ 920 Real estate construction - residential ​ — ​ — Real estate construction - commercial ​ 10,987 ​ 10,986 Real estate mortgage - residential ​ 137 ​ 201 Real estate mortgage - commercial ​ 2,798 ​ 2,798 Total ​ $ 14,842 ​ $ 14,905 Less valuation allowance for other real estate owned ​ (2,702) ​ (2,614) Total other real estate owned ​ $ 12,140 ​ $ 12,291
Schedule of changes in the net carrying amount of other real estate owned	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2021 2020 Balance at beginning of period ​ $ 14,905 ​ $ 15,737 ​ Additions ​ ​ 30 ​ ​ — ​ Proceeds from sales ​ ​ (108) ​ ​ — ​ Charge-offs against the valuation allowance for other real estate owned, net ​ ​ — ​ ​ — ​ Net gain on sales ​ ​ 15 ​ ​ — ​ Total other real estate owned ​ $ 14,842 ​ $ 15,737 ​ Less valuation allowance for other real estate owned ​ ​ (2,702) ​ ​ (2,968) ​ Balance at end of period ​ $ 12,140 ​ $ 12,769 ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of summary of activity in valuation allowance for other real estate owned	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, (in thousands) 2021 2020 Balance, beginning of period ​ $ 2,614 ​ $ 2,956 Provision for other real estate owned ​ 88 ​ 12 Charge-offs ​ — ​ — Balance, end of period ​ $ 2,702 ​ $ 2,968 ​ ​ ​ ​ ​ ​ ​

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Investment Securities
Schedule of amortized cost and fair value of debt securities available-for-sale	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrealized ​ Fair ( in thousands) Cost Gains Losses Value March 31, 2021 ​ ​ ​ ​ U.S. Treasury ​ $ 3,018 ​ $ 23 ​ $ — ​ $ 3,041 U.S. government and federal agency obligations ​ 20,161 ​ 76 ​ (408) ​ 19,829 U.S. government-sponsored enterprises ​ 22,497 ​ 238 ​ (184) ​ 22,551 Obligations of states and political subdivisions ​ 70,324 ​ 961 ​ (467) ​ 70,818 Mortgage-backed securities ​ ​ 108,106 ​ ​ 1,586 ​ ​ (1,048) ​ ​ 108,644 Other debt securities (a) ​ 11,825 ​ 209 ​ (11) ​ 12,023 Bank issued trust preferred securities (a) ​ 1,486 ​ — ​ (250) ​ 1,236 Total available-for-sale securities ​ $ 237,417 ​ $ 3,093 ​ $ (2,368) ​ $ 238,142 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ U.S. Treasury ​ $ 2,772 ​ $ 26 ​ $ — ​ $ 2,798 U.S. government and federal agency obligations ​ 11,732 ​ 197 ​ — ​ 11,929 U.S. government-sponsored enterprises ​ 22,495 ​ 379 ​ — ​ 22,874 Obligations of states and political subdivisions ​ 56,943 ​ 1,801 ​ — ​ 58,744 Mortgage-backed securities ​ ​ 88,357 ​ ​ 1,809 ​ ​ (54) ​ 90,112 Other debt securities (a) ​ 10,000 ​ 358 ​ (14) ​ 10,344 Bank issued trust preferred securities (a) ​ 1,486 ​ — ​ (257) ​ 1,229 Total available-for-sale securities ​ $ 193,785 ​ $ 4,570 ​ $ (325) ​ $ 198,030 (a) Certain hybrid instruments possessing characteristics typically associated with debt obligations.
Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity	​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized Fair ( in thousands) ​ Cost ​ Value Due in one year or less ​ $ 4,975 ​ $ 5,011 Due after one year through five years ​ 18,245 ​ 18,456 Due after five years through ten years ​ 35,184 ​ 35,589 Due after ten years ​ 70,907 ​ 70,442 Total ​ 129,311 ​ 129,498 Mortgage-backed securities ​ 108,106 ​ 108,644 Total available-for-sale securities ​ $ 237,417 ​ $ 238,142
Schedule of Other securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, December 31, ​ (in thousands) 2021 2020 ​ Other securities: ​ ​ ​ FHLB stock ​ $ 5,992 ​ $ 6,170 ​ MIB stock ​ 151 ​ 151 ​ Equity securities with readily determinable fair values ​ 45 ​ 32 ​ Total other investment securities ​ $ 6,188 ​ $ 6,353 ​
Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 months ​ 12 months or more ​ Total ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses At March 31, 2021 ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 1,022 ​ $ — ​ $ 250 ​ $ — ​ $ 1,272 ​ $ — U.S. government and federal agency obligations ​ ​ 14,447 ​ ​ (408) ​ ​ — ​ ​ — ​ ​ 14,447 ​ ​ (408) U.S. government-sponsored enterprises ​ 5,816 ​ (184) ​ — ​ — ​ 5,816 ​ (184) Obligations of states and political subdivisions ​ 22,580 ​ (467) ​ — ​ — ​ 22,580 ​ (467) Mortgage-backed securities ​ ​ 46,969 ​ ​ (1,048) ​ ​ — ​ ​ — ​ ​ 46,969 ​ ​ (1,048) Other debt securities ​ ​ 2,989 ​ ​ (11) ​ ​ — ​ ​ — ​ ​ 2,989 ​ ​ (11) Bank issued trust preferred securities ​ — ​ — ​ 1,236 ​ (250) ​ 1,236 ​ (250) Total ​ $ 93,823 ​ $ (2,118) ​ $ 1,486 ​ $ (250) ​ $ 95,309 ​ $ (2,368) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ ​ ​ ​ ​ ​ At December 31, 2020 ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 1,015 ​ $ — ​ $ — ​ $ — ​ $ 1,015 ​ $ — Mortgage-backed securities ​ ​ 7,494 ​ ​ (54) ​ ​ — ​ ​ — ​ ​ 7,494 ​ ​ (54) Other debt securities ​ ​ 2,987 ​ ​ (14) ​ ​ — ​ ​ — ​ ​ 2,987 ​ ​ (14) Bank issued trust preferred securities ​ — ​ — ​ 1,229 ​ (257) ​ 1,229 ​ ​ (257) Total ​ $ 11,496 ​ $ (68) ​ $ 1,229 ​ $ (257) ​ $ 12,725 ​ $ (325)
Schedule of components of investment securities gains and losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 Investment securities gains (losses), net ​ ​ ​ Available for sale securities: ​ ​ ​ Gross realized gains ​ $ 2 ​ $ — ​ Gross realized losses ​ — ​ — ​ Other-than-temporary impairment recognized ​ — ​ — ​ Other investment securities: ​ ​ ​ Fair value adjustments, net ​ 12 ​ (1) ​ Investment securities gains (losses), net ​ $ 14 ​ $ (1) ​

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2021
Intangible Assets
Schedule of changes in mortgage servicing rights (MSRs)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 ​ Balance at beginning of period ​ $ 2,445 ​ $ 2,482 ​ Originated mortgage servicing rights ​ 170 ​ 67 ​ Changes in fair value: ​ ​ ​ Due to changes in model inputs and assumptions (1) ​ 22 ​ (198) ​ Other changes in fair value (2) ​ (143) ​ (77) ​ Total changes in fair value ​ ​ (121) ​ ​ (275) ​ Balance at end of period ​ $ 2,494 ​ $ 2,274 ​ (1) The change in fair value resulting from changes in valuation inputs or assumptions, reported in real estate servicing fees, net, used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates. (2) Other changes in fair value, reported in real estate servicing fees, net, reflect changes due to customer payments and passage of time.
Schedule of key data and assumptions used in estimating the fair value of the Company's MSRs	​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ 2021 2020 Weighted average constant prepayment rate ​ 15.04 % 15.18 % Weighted average note rate ​ 3.47 % 3.91 % Weighted average discount rate ​ 7.75 % 8.25 % Weighted average expected life (in years) ​ 5.0 4.4 ​

Federal funds purchased and s_2

Federal funds purchased and securities sold under agreements to repurchase (Tables)	3 Months Ended
	Mar. 31, 2021
Federal funds purchased and securities sold under agreements to repurchase
Schedule of federal funds purchased and securities sold under agreements to repurchase	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ (in thousands) ​ 2021 2020 Federal funds purchased ​ $ — ​ $ — ​ Repurchase agreements ​ 42,018 ​ 45,154 ​ Total ​ $ 42,018 ​ $ 45,154 ​
Schedule of repurchase agreements by remaining maturity of the agreements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Repurchase Agreements ​ Remaining Contractual Maturity of the Agreements ​ Overnight Less Greater ​ ​ ​ and ​ than ​ than ​ ​ (in thousands) ​ continuous ​ 90 days ​ 90 days ​ Total At March 31, 2021 ​ ​ ​ ​ U.S. government-sponsored enterprises ​ $ 8,757 ​ $ — ​ $ — ​ $ 8,757 Mortgage-backed securities ​ 33,261 ​ — ​ — ​ 33,261 Total ​ $ 42,018 ​ $ — ​ $ — ​ $ 42,018 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2020 ​ ​ ​ ​ U.S. government and federal agency obligations ​ $ 2,728 ​ $ — ​ $ — ​ $ 2,728 U.S. government-sponsored enterprises ​ ​ 15,533 ​ — ​ — ​ 15,533 Mortgage-backed securities ​ 26,893 ​ — ​ — ​ 26,893 Total ​ $ 45,154 ​ $ — ​ $ — ​ $ 45,154

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2021
Leases
Schedule of maturity of remaining operating leases liabilities	​ ​ ​ ​ ​ ​ Operating Lease payments due in: ​ Lease (in thousands) ​ ​ ​ 2021 (excluding 3 months ending March 31, 2021) $ 276 2022 ​ 367 2023 ​ 366 2024 ​ 258 2025 ​ 257 Thereafter ​ ​ 830 Total lease payments ​ ​ 2,354 Less imputed interest ​ ​ (296) Total lease liabilities, as reported ​ $ 2,058 ​ ​ ​ ​

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2021
Stockholders' Equity
Schedule of the change in the components of the accumulated other comprehensive loss	The following details the change in the components of the Company’s accumulated other comprehensive income (loss) for the three months ended March 31, 2021 and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ ​ Unrecognized Net ​ Other ​ ​ Unrealized ​ Pension and ​ Comprehensive ​ ​ Gains (Losses) ​ Postretirement ​ Income (in thousands) on Securities (1) Costs (2) (Loss) Balance at beginning of period ​ $ 3,353 ​ $ (1,825) ​ $ 1,528 Other comprehensive income, before reclassifications ​ (3,518) ​ 45 ​ (3,473) Amounts reclassified from accumulated other comprehensive (loss) income ​ (2) ​ — ​ (2) Current period other comprehensive income (loss), before tax ​ (3,520) ​ 45 ​ (3,475) Income tax benefit (expense) ​ 740 ​ (10) ​ 730 Current period other comprehensive income (loss), net of tax ​ (2,780) ​ 35 ​ (2,745) Balance at end of period ​ $ 573 ​ $ (1,790) ​ $ (1,217) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ ​ Unrecognized Net ​ Other ​ ​ Unrealized ​ Pension and ​ Comprehensive ​ ​ Gains (Losses) ​ Postretirement ​ Income (in thousands) on Securities (1) Costs (2) (Loss) Balance at beginning of period ​ $ (23) ​ $ (3,732) ​ $ (3,755) Other comprehensive income, before reclassifications ​ 2,760 ​ 67 ​ 2,827 Amounts reclassified from accumulated other comprehensive income (loss) ​ — ​ — ​ — Current period other comprehensive income, before tax ​ 2,760 ​ 67 ​ 2,827 Income tax expense ​ (580) ​ (14) ​ (594) Current period other comprehensive income, net of tax ​ 2,180 ​ 53 ​ 2,233 Balance at end of period ​ $ 2,157 ​ $ (3,679) ​ $ (1,522) (1) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in investment securities gains (losses), net in the consolidated statements of income. (2) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic pension cost .

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2021
Employee Benefit Plans
Schedule of employee benefits charged to operating expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, (in thousands) 2021 2020 Payroll taxes ​ $ 435 ​ $ 389 Medical plans ​ 450 ​ 427 401(k) match and profit sharing ​ ​ 499 ​ ​ 306 Periodic pension cost ​ 416 ​ 464 Other ​ 4 ​ 23 Total employee benefits ​ $ 1,804 ​ $ 1,609
Schedule of components of net pension cost	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Benefits ​ (in thousands) 2021 2020 ​ Service cost - benefits earned during the year ​ $ 1,663 ​ $ 1,857 ​ Interest costs on projected benefit obligations (a) ​ 1,023 ​ 1,159 ​ Expected return on plan assets (a) ​ (1,825) ​ (1,572) ​ Expected administrative expenses (a) ​ 104 ​ 110 ​ Amortization of prior service cost (a) ​ — ​ 50 ​ Amortization of unrecognized net loss (a) ​ 181 ​ 218 ​ Net periodic pension cost ​ $ 1,146 ​ $ 1,822 ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings per Share
Schedule of calculations of basic and diluted earnings per common share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ (dollars in thousands, except per share data) 2021 2020 Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ Net income available to shareholders ​ $ 5,839 ​ $ 868 ​ Average shares outstanding ​ ​ 6,362,869 ​ ​ 6,510,189 ​ Basic earnings per share ​ $ 0.92 ​ $ 0.13 ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ Net income available to shareholders ​ $ 5,839 ​ $ 868 ​ Average shares outstanding ​ 6,362,869 ​ 6,510,189 ​ Effect of dilutive stock options ​ — ​ — ​ Average shares outstanding including dilutive stock options ​ 6,362,869 ​ 6,510,189 ​ Diluted earnings per share ​ $ 0.92 ​ ​ 0.13 ​

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Measurements
Schedule of assets and liabilities recorded at fair value on a recurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for ​ Other ​ Significant ​ ​ ​ ​ ​ Identical ​ Observable ​ Unobservable ​ ​ ​ ​ ​ Assets ​ Inputs ​ Inputs (in thousands) Fair Value (Level 1) (Level 2) (Level 3) March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 3,041 ​ $ 3,041 ​ — $ — U.S. government and federal agency obligations ​ 19,829 ​ — ​ 19,829 — U.S. government-sponsored enterprises ​ 22,551 ​ — ​ 22,551 — Obligations of states and political subdivisions ​ 70,818 ​ — ​ 70,818 — Mortgage-backed securities ​ 108,644 ​ — ​ 108,644 — Other debt securities ​ ​ 12,023 ​ ​ — ​ ​ 12,023 ​ ​ — Bank-issued trust preferred securities ​ ​ 1,236 ​ ​ — ​ ​ 1,236 ​ ​ — Equity securities ​ ​ 45 ​ ​ 45 ​ ​ — ​ ​ — Mortgage servicing rights ​ 2,494 ​ — ​ — 2,494 Total ​ $ 240,681 ​ $ 3,086 ​ $ 235,101 $ 2,494 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury ​ $ 2,798 ​ $ 2,798 ​ — $ — U.S. government and federal agency obligations ​ 11,929 ​ — ​ 11,929 — U.S. government-sponsored enterprises ​ 22,874 ​ — ​ 22,874 — Obligations of states and political subdivisions ​ 58,744 ​ — ​ 58,744 — Mortgage-backed securities ​ 90,112 ​ — ​ 90,112 — Other debt securities ​ ​ 10,344 ​ ​ — ​ ​ 10,344 ​ ​ — Bank-issued trust preferred securities ​ ​ 1,229 ​ ​ — ​ ​ 1,229 ​ ​ — Equity securities ​ ​ 32 ​ ​ 32 ​ ​ — ​ ​ — Mortgage servicing rights ​ 2,445 ​ — ​ — 2,445 Total ​ $ 200,507 ​ $ 2,830 ​ $ 195,232 $ 2,445
Schedule of summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ (Level 3) ​ ​ ​ Mortgage Servicing Rights ​ ​ ​ Three Months Ended March 31, ​ (in thousands) 2021 2020 Balance at beginning of period ​ $ 2,445 ​ $ 2,482 ​ Total (losses) or gains (realized/unrealized): ​ ​ ​ ​ ​ ​ ​ Included in earnings ​ (121) ​ (275) ​ Included in other comprehensive income ​ — ​ — ​ Purchases ​ — ​ — ​ Sales ​ — ​ — ​ Issues ​ 170 ​ 67 ​ Settlements ​ — ​ — ​ Balance at end of period ​ $ 2,494 ​ $ 2,274 ​
Schedule of valuation methods for instruments measured at fair value on a nonrecurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Markets for ​ Other ​ Significant ​ ​ ​ ​ ​ ​ ​ Identical ​ Observable ​ Unobservable ​ ​ ​ ​ Total ​ Assets ​ Inputs ​ Inputs ​ Total Gains (in thousands) Fair Value (Level 1) (Level 2) (Level 3) (Losses)* March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral dependent impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial, & agricultural ​ $ 4,188 ​ $ — ​ $ — ​ $ 4,188 $ — Real estate mortgage - residential ​ 403 ​ — ​ — ​ 403 — Real estate mortgage - commercial ​ 22,484 ​ — ​ — ​ 22,484 (23) Total ​ $ 27,075 ​ $ — ​ $ — ​ $ 27,075 $ (23) Other real estate and repossessed assets ​ $ 12,140 ​ $ — ​ $ — ​ $ 12,140 $ (73) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Collateral dependent impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial, & agricultural ​ $ 2,422 ​ $ — ​ $ — ​ $ 2,422 $ — Real estate construction - commercial ​ 408 ​ — ​ — ​ 408 — Real estate mortgage - residential ​ 1,921 ​ — ​ — ​ 1,921 (19) Real estate mortgage - commercial ​ 827 ​ — ​ — ​ 827 (22) Installment and other consumer ​ 12 ​ — ​ — ​ 12 (14) Total ​ $ 5,590 ​ $ — ​ $ — ​ $ 5,590 $ (55) Other real estate and repossessed assets ​ $ 12,769 ​ $ — ​ $ — ​ $ 12,769 $ (12) * Total losses reported for other real estate and foreclosed assets includes charge-offs, valuation write downs, and net losses taken during the periods reported.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value of Financial Instruments
Schedule of summary of the carrying amounts and fair values of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ Markets for Other Significant ​ March 31, 2021 Identical Observable Unobservable ​ Carrying Fair Assets Inputs Inputs (in thousands) amount value (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 18,496 ​ $ 18,496 ​ $ 18,496 ​ $ — $ — Federal funds sold and overnight interest-bearing deposits ​ 128,207 ​ 128,207 ​ 128,207 ​ — ​ — Certificates of deposit in other banks ​ 8,897 ​ 8,897 ​ 8,897 ​ — ​ — Available for sale securities ​ 238,142 ​ 238,142 ​ 3,041 ​ 235,101 ​ — Other investment securities ​ 6,188 ​ 6,188 ​ 45 ​ 6,143 ​ — Loans, net ​ 1,257,824 ​ 1,283,560 ​ — ​ — ​ 1,283,560 Loans held for sale ​ ​ 6,308 ​ ​ 6,308 ​ ​ — ​ ​ — ​ ​ 6,308 Cash surrender value - life insurance ​ 2,465 ​ 2,465 ​ — ​ 2,465 ​ — Accrued interest receivable ​ 6,488 ​ 6,488 ​ 6,488 ​ — ​ — Total ​ $ 1,673,015 ​ $ 1,698,751 ​ $ 165,174 ​ $ 243,709 $ 1,289,868 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-interest bearing demand ​ $ 431,035 ​ $ 431,035 ​ $ 431,035 ​ $ — $ — Savings, interest checking and money market ​ 708,615 ​ 708,615 ​ 708,615 ​ — ​ — Time deposits ​ 254,332 ​ 256,047 ​ — ​ — ​ 256,047 Federal funds purchased and securities sold under agreements to repurchase ​ 42,018 ​ 42,018 ​ 42,018 ​ — ​ — Federal Home Loan Bank advances and other borrowings ​ 97,614 ​ 99,750 ​ — ​ 99,750 ​ — Subordinated notes ​ 49,486 ​ 41,176 ​ — ​ 41,176 ​ — Operating lease liabilities ​ ​ 2,058 ​ ​ 2,058 ​ ​ — ​ ​ 2,058 ​ ​ — Accrued interest payable ​ 439 ​ 439 ​ 439 ​ — ​ — Total ​ $ 1,585,597 ​ $ 1,581,138 ​ $ 1,182,107 ​ $ 142,984 $ 256,047 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ Markets for Other Significant ​ ​ December 31, 2020 Identical Observable Unobservable ​ Carrying Fair Assets Inputs Inputs (in thousands) amount value (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 19,235 ​ $ 19,235 ​ $ 19,235 ​ $ — $ — Federal funds sold and overnight interest-bearing deposits ​ 161,128 ​ 161,128 ​ 161,128 ​ — ​ — Certificates of deposit in other banks ​ 9,376 ​ 9,376 ​ 9,376 ​ — ​ — Available-for-sale securities ​ 198,030 ​ 198,030 ​ 2,798 ​ 195,232 ​ — Other investment securities ​ 6,353 ​ 6,353 ​ 32 ​ 6,321 ​ — Loans, net ​ 1,268,854 ​ 1,288,677 ​ — ​ — ​ 1,288,677 Loans held for sale ​ ​ 5,099 ​ ​ 5,279 ​ ​ — ​ ​ — ​ ​ 5,279 Cash surrender value - life insurance ​ 2,451 ​ 2,451 ​ — ​ 2,451 ​ — Accrued interest receivable ​ 6,640 ​ 6,640 ​ 6,640 ​ — ​ — ​ ​ $ 1,677,166 ​ $ 1,697,169 ​ $ 199,209 ​ $ 204,004 $ 1,293,956 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-interest bearing demand ​ $ 382,492 ​ $ 382,492 ​ $ 382,492 ​ $ — $ — Savings, interest checking and money market ​ 723,808 ​ 723,808 ​ 723,808 ​ — ​ — Time deposits ​ 277,306 ​ 279,569 ​ — ​ — ​ 279,569 Federal funds purchased and securities sold under agreements to repurchase ​ 45,154 ​ 45,154 ​ 45,154 ​ — ​ — Federal Home Loan Bank advances and other borrowings ​ 106,674 ​ 110,121 ​ — ​ 110,121 ​ — Subordinated notes ​ 49,486 ​ 40,929 ​ — ​ 40,929 ​ — Operating lease liabilities ​ ​ 2,137 ​ ​ 2,137 ​ ​ — ​ ​ 2,137 ​ ​ — Accrued interest payable ​ 837 ​ 837 ​ 837 ​ — ​ — ​ ​ $ 1,587,894 ​ $ 1,585,047 ​ $ 1,152,291 ​ $ 153,187 $ 279,569

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies
Schedule of contractual amount of off-balance-sheet financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, (in thousands) 2021 2020 Commitments to extend credit ​ $ 350,465 ​ $ 264,528 Commitments to originate residential first and second mortgage loans ​ 50,340 ​ 51,270 Standby letters of credit ​ 20,810 ​ 125,800 Total ​ ​ 421,615 ​ ​ 441,598

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	Jul. 01, 2020
Summary of Significant Accounting Policies
Dividends Payable, Date to be Paid	Jul. 1, 2020
Special stock dividend, rate percent	4.00%
Special stock dividend, record date	Jun. 15, 2020

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Summary of Loans by Major Class (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and Allowance for Loan Losses
Total loans held for investment	$ 1,276,185	$ 1,286,967
SBA PPA loans, net	56,300
Commercial, financial, and agricultural
Loans and Allowance for Loan Losses
Total loans held for investment	251,943	272,918
SBA PPA loans, net	56,300	63,300
Residential real estate | Construction
Loans and Allowance for Loan Losses
Total loans held for investment	33,962	29,692
Residential real estate | Mortgages
Loans and Allowance for Loan Losses
Total loans held for investment	258,259	262,339
Commercial real estate | Construction
Loans and Allowance for Loan Losses
Total loans held for investment	78,576	78,144
Commercial real estate | Mortgages
Loans and Allowance for Loan Losses
Total loans held for investment	628,178	617,133
Installment and other consumer
Loans and Allowance for Loan Losses
Total loans held for investment	$ 25,267	$ 26,741

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Loans Pledged (Details) $ in Millions	Mar. 31, 2021USD ($)
Loans and Allowances for Loan Losses
Amount of loans pledged as collateral to the Federal Home Loan Bank	$ 552.5

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Summary of the allowance for loan losses
Balance at beginning of period	$ 18,113	$ 12,477
Additions:
Provision for loan losses	0	3,300
Deductions:
Loans charged off	107	134
Less recoveries on loans	(355)	(50)
Net loan charge-offs (recoveries)	(248)	84
Balance at end of period	18,361	15,693
Amount of PPP loans funded during the period	$ 40,200	88,400
Percentage credit guarantee from the SBA for the PPP loans	100.00%
Allowance for PPP loans	$ 0
SBA PPA loans, net	$ 56,300
Paycheck Protection Program Loans, Interest Rate	1.00%
Minimum
Deductions:
Expected repayment term of the SBA PPP loans	6 months
Maximum
Deductions:
Expected repayment term of the SBA PPP loans	12 months
Commercial, financial, and agricultural
Summary of the allowance for loan losses
Balance at beginning of period	$ 5,121	2,918
Additions:
Provision for loan losses	(567)	721
Deductions:
Loans charged off	27	41
Less recoveries on loans	(149)	(25)
Net loan charge-offs (recoveries)	(122)	16
Balance at end of period	4,676	3,623
SBA PPA loans, net	56,300		$ 63,300
Residential real estate | Construction
Summary of the allowance for loan losses
Balance at beginning of period	213	64
Additions:
Provision for loan losses	83	53
Deductions:
Less recoveries on loans	(13)
Net loan charge-offs (recoveries)	(13)
Balance at end of period	309	117
Residential real estate | Mortgages
Summary of the allowance for loan losses
Balance at beginning of period	2,679	2,118
Additions:
Provision for loan losses	(253)	255
Deductions:
Loans charged off		19
Less recoveries on loans	(168)	(9)
Net loan charge-offs (recoveries)	(168)	10
Balance at end of period	2,594	2,363
Commercial real estate | Construction
Summary of the allowance for loan losses
Balance at beginning of period	475	369
Additions:
Provision for loan losses	57	253
Deductions:
Balance at end of period	532	622
Commercial real estate | Mortgages
Summary of the allowance for loan losses
Balance at beginning of period	9,354	6,547
Additions:
Provision for loan losses	573	2,087
Deductions:
Loans charged off	23	22
Less recoveries on loans		(2)
Net loan charge-offs (recoveries)	23	20
Balance at end of period	9,904	8,614
Installment and other consumer
Summary of the allowance for loan losses
Balance at beginning of period	264	381
Additions:
Provision for loan losses	13	8
Deductions:
Loans charged off	57	52
Less recoveries on loans	(25)	(14)
Net loan charge-offs (recoveries)	32	38
Balance at end of period	245	351
Unallocated
Summary of the allowance for loan losses
Balance at beginning of period	7	80
Additions:
Provision for loan losses	94	(77)
Deductions:
Balance at end of period	$ 101	$ 3

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Impairment Methodology (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Allowance for loan losses:
Individually evaluated for impairment	$ 5,144	$ 5,113
Collectively evaluated for impairment	13,217	13,000
Total	18,361	18,113	$ 15,693	$ 12,477
Loans outstanding:
Individually evaluated for impairment	36,647	37,335
Collectively evaluated for impairment	1,239,538	1,249,632
Total	1,276,185	1,286,967
Commercial, financial, and agricultural
Allowance for loan losses:
Individually evaluated for impairment	2,134	2,187
Collectively evaluated for impairment	2,542	2,934
Total	4,676	5,121	3,623	2,918
Loans outstanding:
Individually evaluated for impairment	7,408	7,552
Collectively evaluated for impairment	244,535	265,366
Total	251,943	272,918
Residential real estate | Construction
Allowance for loan losses:
Individually evaluated for impairment	26	27
Collectively evaluated for impairment	283	186
Total	309	213	117	64
Loans outstanding:
Individually evaluated for impairment	189	192
Collectively evaluated for impairment	33,773	29,500
Total	33,962	29,692
Residential real estate | Mortgages
Allowance for loan losses:
Individually evaluated for impairment	256	263
Collectively evaluated for impairment	2,338	2,416
Total	2,594	2,679	2,363	2,118
Loans outstanding:
Individually evaluated for impairment	3,134	3,626
Collectively evaluated for impairment	255,125	258,713
Total	258,259	262,339
Commercial real estate | Construction
Allowance for loan losses:
Individually evaluated for impairment	28	28
Collectively evaluated for impairment	504	447
Total	532	475	622	369
Loans outstanding:
Individually evaluated for impairment	198	200
Collectively evaluated for impairment	78,378	77,944
Total	78,576	78,144
Commercial real estate | Mortgages
Allowance for loan losses:
Individually evaluated for impairment	2,691	2,594
Collectively evaluated for impairment	7,213	6,760
Total	9,904	9,354	8,614	6,547
Loans outstanding:
Individually evaluated for impairment	25,647	25,657
Collectively evaluated for impairment	602,531	591,476
Total	628,178	617,133
Installment and other consumer
Allowance for loan losses:
Individually evaluated for impairment	9	14
Collectively evaluated for impairment	236	250
Total	245	264	351	381
Loans outstanding:
Individually evaluated for impairment	71	108
Collectively evaluated for impairment	25,196	26,633
Total	25,267	26,741
Unallocated
Allowance for loan losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	101	7
Total	101	7	$ 3	$ 80
Loans outstanding:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and Allowances for Loan Losses
Impaired loans individually evaluated for impairment	$ 36,647	$ 37,335
Impaired loans were evaluated based on the fair value of the loan's collateral	31,800	32,200
Individually evaluated for impairment	5,144	5,113
Impaired loans with no reserve allocation	$ 12,569	$ 11,946
Impaired loans required no reserve allocation, percentage	34.00%	32.00%

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Categories of Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Categories of impaired loans
Non-accrual loans	$ 34,233	$ 34,559
Performing TDRs	2,414	2,776
Total impaired loans	$ 36,647	$ 37,335

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Additional information about Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Impaired loans
Recorded Investment, With no related allowance recorded	$ 12,569	$ 11,946
Unpaid Principal Balance, With no related allowance recorded	12,726	12,069
Recorded Investment, With an allowance recorded	24,078	25,389
Unpaid Principal Balance, With an allowance recorded	24,721	26,308
Specific Reserves, With an allowance recorded	5,144	5,113
Total impaired loans, Recorded Investment	36,647	37,335
Total impaired loans, Unpaid Principal Balance	37,447	38,377
Commercial, financial, and agricultural
Impaired loans
Recorded Investment, With no related allowance recorded	1,837	1,703
Unpaid Principal Balance, With no related allowance recorded	1,882	1,731
Recorded Investment, With an allowance recorded	5,571	5,849
Unpaid Principal Balance, With an allowance recorded	5,645	6,180
Specific Reserves, With an allowance recorded	2,134	2,187
Residential real estate
Impaired loans
Recorded Investment, With no related allowance recorded	1,275	1,300
Unpaid Principal Balance, With no related allowance recorded	1,377	1,395
Recorded Investment, With an allowance recorded	1,859	2,326
Unpaid Principal Balance, With an allowance recorded	2,304	2,786
Specific Reserves, With an allowance recorded	256	263
Residential real estate | Construction
Impaired loans
Recorded Investment, With an allowance recorded	189	192
Unpaid Principal Balance, With an allowance recorded	189	192
Specific Reserves, With an allowance recorded	26	27
Commercial real estate
Impaired loans
Recorded Investment, With no related allowance recorded	9,457	8,943
Unpaid Principal Balance, With no related allowance recorded	9,467	8,943
Recorded Investment, With an allowance recorded	16,190	16,714
Unpaid Principal Balance, With an allowance recorded	16,257	16,787
Specific Reserves, With an allowance recorded	2,691	2,594
Commercial real estate | Construction
Impaired loans
Recorded Investment, With an allowance recorded	198	200
Unpaid Principal Balance, With an allowance recorded	251	251
Specific Reserves, With an allowance recorded	28	28
Installment and other consumer
Impaired loans
Recorded Investment, With an allowance recorded	71	108
Unpaid Principal Balance, With an allowance recorded	75	112
Specific Reserves, With an allowance recorded	$ 9	$ 14

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Average Recorded Investment and Interest Income (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	$ 12,623,000	$ 3,997,000
With no related allowance recorded, Interest Recognized For The Period Ended	17,000	6,000
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	24,323,000	4,232,000
With an allowance recorded, Interest Recognized For The Period Ended	23,000	36,000
Total average recorded investment	36,946,000	8,229,000
Total interest income recognized For the Period Ended	40,000	42,000
Commercial, financial, and agricultural
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	1,742,000	1,014,000
With no related allowance recorded, Interest Recognized For The Period Ended	8,000	0
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	5,696,000	1,195,000
With an allowance recorded, Interest Recognized For The Period Ended	7,000	8,000
Residential real estate
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	1,424,000	1,581,000
With no related allowance recorded, Interest Recognized For The Period Ended	9,000	0
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	1,958,000	2,550,000
With an allowance recorded, Interest Recognized For The Period Ended	6,000	20,000
Residential real estate | Construction
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	190,000	0
With an allowance recorded, Interest Recognized For The Period Ended	0	0
Commercial real estate
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	9,457,000	1,163,000
With no related allowance recorded, Interest Recognized For The Period Ended	0	6,000
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	16,195,000	370,000
With an allowance recorded, Interest Recognized For The Period Ended	7,000	2,000
Commercial real estate | Construction
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	0	227,000
With no related allowance recorded, Interest Recognized For The Period Ended	0	0
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	199,000	0
With an allowance recorded, Interest Recognized For The Period Ended	0	0
Installment and other consumer
With no related allowance recorded:
With no related allowance recorded, Average Recorded Investment	0	12,000
With no related allowance recorded, Interest Recognized For The Period Ended	0	0
With an allowance recorded:
With an allowance recorded, Average Recorded Investment	85,000	117,000
With an allowance recorded, Interest Recognized For The Period Ended	$ 3,000	$ 6,000

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	$ 0	$ 17
Nonaccrual status	34,233	34,559
Loans held for investment	1,276,185	1,286,967
Amount of loans accepting forbearance	43,500	57,100
Loan modifications	72,800
Loan Modifications under CARES Act
Aging information for the Company's past due and non-accrual loans
Nonaccrual status	29,300
Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	1,240,025	1,251,344
30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	1,927	1,047
Commercial, financial, and agricultural
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	0
Nonaccrual status	6,591	6,717
Loans held for investment	251,943	272,918
Commercial, financial, and agricultural | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	245,019	265,821
Commercial, financial, and agricultural | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	333	380
Residential real estate | Construction
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	0
Nonaccrual status	189	192
Loans held for investment	33,962	29,692
Residential real estate | Construction | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	33,773	29,500
Residential real estate | Construction | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	0	0
Residential real estate | Mortgages
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	0
Nonaccrual status	1,917	2,105
Loans held for investment	258,259	262,339
Residential real estate | Mortgages | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	255,172	259,688
Residential real estate | Mortgages | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	1,170	546
Commercial real estate | Construction
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	0
Nonaccrual status	198	200
Loans held for investment	78,576	78,144
Commercial real estate | Construction | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	78,378	77,944
Commercial real estate | Construction | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	0	0
Commercial real estate | Mortgages
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	0
Nonaccrual status	25,309	25,314
Loans held for investment	628,178	617,133
Commercial real estate | Mortgages | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	602,502	591,815
Commercial real estate | Mortgages | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	367	4
Installment and other consumer
Aging information for the Company's past due and non-accrual loans
90 Days Past Due And Still Accruing	0	17
Nonaccrual status	29	31
Loans held for investment	25,267	26,741
Installment and other consumer | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	25,181	26,576
Installment and other consumer | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Financing receivable, recorded investment, past due	$ 57	$ 117

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Credit Quality (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	$ 1,276,185	$ 1,286,967
Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	103,297	103,771
Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	5,850	3,262
Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	2,414	2,776
Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	34,233	34,559
Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	145,794	144,368
Commercial, financial, and agricultural
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	251,943	272,918
Commercial, financial, and agricultural | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	8,675	9,649
Commercial, financial, and agricultural | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	581	598
Commercial, financial, and agricultural | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	817	835
Commercial, financial, and agricultural | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	6,591	6,717
Commercial, financial, and agricultural | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	16,664	17,799
Residential real estate | Construction
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	33,962	29,692
Residential real estate | Construction | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	540	545
Residential real estate | Construction | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Residential real estate | Construction | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Residential real estate | Construction | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	189	192
Residential real estate | Construction | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	729	737
Residential real estate | Mortgages
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	258,259	262,339
Residential real estate | Mortgages | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	15,694	15,835
Residential real estate | Mortgages | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	954	1,002
Residential real estate | Mortgages | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,217	1,521
Residential real estate | Mortgages | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,917	2,105
Residential real estate | Mortgages | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	19,782	20,463
Commercial real estate | Construction
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	78,576	78,144
Commercial real estate | Construction | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	7,013	10,806
Commercial real estate | Construction | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	2,670	0
Commercial real estate | Construction | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Commercial real estate | Construction | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	198	200
Commercial real estate | Construction | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	9,881	11,006
Commercial real estate | Mortgages
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	628,178	617,133
Commercial real estate | Mortgages | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	71,375	66,936
Commercial real estate | Mortgages | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,645	1,662
Commercial real estate | Mortgages | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	338	343
Commercial real estate | Mortgages | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	25,309	25,314
Commercial real estate | Mortgages | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	98,667	94,255
Installment and other consumer
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	25,267	26,741
Installment and other consumer | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Installment and other consumer | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Installment and other consumer | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	42	77
Installment and other consumer | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	29	31
Installment and other consumer | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	$ 71	$ 108

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses - TDRs and Loan Modifications (Details)		3 Months Ended
		Mar. 31, 2021USD ($)contract	Mar. 31, 2020USD ($)contract		Dec. 31, 2020USD ($)
Troubled Debt Restructurings
Troubled debt restructurings		$ 3,300,000			$ 3,700,000
Amount of specific reserves related to TDRs which were allocated to the allowance for loan losses		$ 172,000			214,000
Number of Contracts | contract		0	1	[1]
Pre- Modification	[1]		$ 6,000
Post- Modification	[1]		5,000
Loans held for sale, at lower of cost or fair value		$ 6,308,000	$ 4,300,000		5,099,000
Loan Modifications under the CARES Act
Nonaccrual status		34,233,000			34,559,000
Loan Modifications under CARES Act
Loan Modifications under the CARES Act
Loan modifications, amount		$ 72,798,000
Loan modifications, percentage		5.70%
Nonaccrual status		$ 29,300,000
Nonaccrual status, percentage		40.30%
Loan Modifications under CARES Act | Real Estate and Rental and Leasing
Loan Modifications under the CARES Act
Loan modifications, amount		$ 10,810,000
Loan Modifications under CARES Act | Accommodations and Food Services
Loan Modifications under the CARES Act
Loan modifications, amount		44,189,000
Loan Modifications under CARES Act | Construction
Loan Modifications under the CARES Act
Loan modifications, amount		144,000
Loan Modifications under CARES Act | Land and lots
Loan Modifications under the CARES Act
Loan modifications, amount		1,553,000
Loan Modifications under CARES Act | Cinemas
Loan Modifications under the CARES Act
Loan modifications, amount		5,777,000
Loan Modifications under CARES Act | Arts, Entertainment, Recreation
Loan Modifications under the CARES Act
Loan modifications, amount		10,164,000
Loan Modifications under CARES Act | Non-NAICS (Consumer)
Loan Modifications under the CARES Act
Loan modifications, amount		161,000
Loan Modifications under CARES Act | Interest Only
Loan Modifications under the CARES Act
Loan modifications, amount		$ 28,058,000
Loan modifications, percentage		38.50%
Loan Modifications under CARES Act | Interest Only | Real Estate and Rental and Leasing
Loan Modifications under the CARES Act
Loan modifications, amount		$ 4,521,000
Loan modifications, percentage		6.20%
Loan Modifications under CARES Act | Interest Only | Accommodations and Food Services
Loan Modifications under the CARES Act
Loan modifications, amount		$ 10,590,000
Loan modifications, percentage		14.50%
Loan Modifications under CARES Act | Interest Only | Construction
Loan Modifications under the CARES Act
Loan modifications, amount		$ 144,000
Loan modifications, percentage		0.20%
Loan Modifications under CARES Act | Interest Only | Land and lots
Loan Modifications under the CARES Act
Loan modifications, amount		$ 1,553,000
Loan modifications, percentage		2.10%
Loan Modifications under CARES Act | Interest Only | Cinemas
Loan Modifications under the CARES Act
Loan modifications, amount		$ 1,086,000
Loan modifications, percentage		1.50%
Loan Modifications under CARES Act | Interest Only | Arts, Entertainment, Recreation
Loan Modifications under the CARES Act
Loan modifications, amount		$ 10,164,000
Loan modifications, percentage		14.00%
Loan Modifications under CARES Act | Interest Only | Non-NAICS (Consumer)
Loan Modifications under the CARES Act
Loan modifications, percentage		0.00%
Loan Modifications under CARES Act | Full Deferral
Loan Modifications under the CARES Act
Loan modifications, amount		$ 39,649,000
Loan modifications, percentage		54.50%
Loan Modifications under CARES Act | Full Deferral | Real Estate and Rental and Leasing
Loan Modifications under the CARES Act
Loan modifications, amount		$ 5,790,000
Loan modifications, percentage		8.00%
Loan Modifications under CARES Act | Full Deferral | Accommodations and Food Services
Loan Modifications under the CARES Act
Loan modifications, amount		$ 29,007,000
Loan modifications, percentage		39.80%
Loan Modifications under CARES Act | Full Deferral | Cinemas
Loan Modifications under the CARES Act
Loan modifications, amount		$ 4,691,000
Loan modifications, percentage		6.40%
Loan Modifications under CARES Act | Full Deferral | Non-NAICS (Consumer)
Loan Modifications under the CARES Act
Loan modifications, amount		$ 161,000
Loan modifications, percentage		0.30%
Loan Modifications under CARES Act | Extended Amortizations
Loan Modifications under the CARES Act
Loan modifications, amount		$ 5,091,000
Loan modifications, percentage		7.00%
Loan Modifications under CARES Act | Extended Amortizations | Real Estate and Rental and Leasing
Loan Modifications under the CARES Act
Loan modifications, amount		$ 499,000
Loan modifications, percentage		0.70%
Loan Modifications under CARES Act | Extended Amortizations | Accommodations and Food Services
Loan Modifications under the CARES Act
Loan modifications, amount		$ 4,592,000
Loan modifications, percentage		6.30%
90 days or more past due
Troubled Debt Restructurings
Number of contracts called for default and charged off | contract		0	0
Commercial, financial, and agricultural
Loan Modifications under the CARES Act
Nonaccrual status		$ 6,591,000			6,717,000
Residential real estate | Mortgages
Loan Modifications under the CARES Act
Nonaccrual status		1,917,000			2,105,000
Commercial real estate | Mortgages
Loan Modifications under the CARES Act
Nonaccrual status		25,309,000			25,314,000
Installment and other consumer
Troubled Debt Restructurings
Number of Contracts | contract	[1]		1
Pre- Modification	[1]		$ 6,000
Post- Modification	[1]		$ 5,000
Loan Modifications under the CARES Act
Nonaccrual status		29,000			31,000
Performing TDRs
Troubled Debt Restructurings
Troubled debt restructurings		2,400,000			2,800,000
Non-performing TDRs - 90 days past due
Troubled Debt Restructurings
Troubled debt restructurings		$ 900,000			$ 900,000
[1]	The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off or foreclosed upon during the period ended are not reported.

Other Real Estate Acquired in_3

Other Real Estate Acquired in Settlement of Loans - Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Summary of real estate and other assets acquired in settlement of loans
Total	$ 14,842	$ 14,905	$ 15,737	$ 15,737
Less valuation allowance for other real estate owned	(2,702)	(2,614)	(2,968)	$ (2,956)
Total other real estate owned	12,140	12,291	$ 12,769
Commercial
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	920	920
Residential real estate | Mortgages
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	137	201
Commercial real estate | Construction
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	10,987	10,986
Commercial real estate | Mortgages
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	$ 2,798	$ 2,798

Other Real Estate Acquired in_4

Other Real Estate Acquired in Settlement of Loans - Changes in Net Carrying Amount (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Schedule of real estate acquired in settlement of loans
Balance at beginning of period	$ 14,905	$ 15,737
Additions	30
Proceeds from sales	(108)
Charge-offs against the valuation allowance for other real estate owned, net	0	0
Net gain on sales	15	0
Total other real estate owned	$ 14,905	$ 15,737	$ 14,842	$ 14,905	$ 15,737
Less valuation allowance for other real estate owned			(2,702)		(2,968)
Balance at end of period			$ 12,140	$ 12,291	$ 12,769

Other Real Estate Acquired in_5

Other Real Estate Acquired in Settlement of Loans - Foreclosure (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Other Real Estate Acquired in Settlement of Loans
Consumer mortgage loans in process of foreclosure	$ 285,000	$ 287,000

Other Real Estate Acquired in_6

Other Real Estate Acquired in Settlement of Loans - Valuation Allowance (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Summary of activity in valuation allowance for other real estate owned in settlement of loans
Balance, beginning of period	$ 2,614	$ 2,956
Provision for other real estate owned	88	12
Charge-offs	0	0
Balance, end of period	$ 2,702	$ 2,968

Investment Securities - Amortiz

Investment Securities - Amortized Costs, Gains and Losses, Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment Securities
Total Amortized Cost	$ 237,417	$ 193,785
Gross Unrealized Gains	3,093	4,570
Gross Unrealized Losses	(2,368)	(325)
Fair value	238,142	198,030
U.S. Treasury
Investment Securities
Total Amortized Cost	3,018	2,772
Gross Unrealized Gains	23	26
Gross Unrealized Losses	0	0
Fair value	3,041	2,798
U.S. government and federal agency obligations
Investment Securities
Total Amortized Cost	20,161	11,732
Gross Unrealized Gains	76	197
Gross Unrealized Losses	(408)	0
Fair value	19,829	11,929
U.S. government-sponsored enterprises
Investment Securities
Total Amortized Cost	22,497	22,495
Gross Unrealized Gains	238	379
Gross Unrealized Losses	(184)	0
Fair value	22,551	22,874
Obligations of states and political subdivisions
Investment Securities
Total Amortized Cost	70,324	56,943
Gross Unrealized Gains	961	1,801
Gross Unrealized Losses	(467)	0
Fair value	70,818	58,744
Mortgage-backed securities
Investment Securities
Total Amortized Cost	108,106	88,357
Gross Unrealized Gains	1,586	1,809
Gross Unrealized Losses	(1,048)	(54)
Fair value	108,644	90,112
Other debt securities
Investment Securities
Total Amortized Cost	11,825	10,000
Gross Unrealized Gains	209	358
Gross Unrealized Losses	(11)	(14)
Fair value	12,023	10,344
Bank issued trust preferred securities
Investment Securities
Total Amortized Cost	1,486	1,486
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(250)	(257)
Fair value	$ 1,236	$ 1,229

Investment Securities - Securit

Investment Securities - Securities Pledged (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Investment Securities
Debt securities with carrying values, pledged	$ 197.6	$ 153.9

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Fair Value by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized Cost
Due in one year or less	$ 4,975
Due after one year through five years	18,245
Due after five years through ten years	35,184
Due after ten years	70,907
Total	129,311
Mortgage-backed securities	108,106
Total available-for-sale securities	237,417	$ 193,785
Fair Value
Due in one year or less	5,011
Due after one year through five years	18,456
Due after five years through ten years	35,589
Due after ten years	70,442
Total	129,498
Mortgage-backed securities	108,644
Total available-for-sale securities	$ 238,142	$ 198,030

Investment Securities - Other S

Investment Securities - Other Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment Securities
FHLB stock	$ 5,992	$ 6,170
MIB stock	151	151
Equity securities with readily determinable fair values	45	32
Total other investment securities	$ 6,188	$ 6,353

Investment Securities - Unreali

Investment Securities - Unrealized Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Fair Value
Less than 12 months	$ 93,823	$ 11,496
12 months or more	1,486	1,229
Total	95,309	12,725
Unrealized Losses
Less than 12 months	(2,118)	(68)
12 months or more	(250)	(257)
Total	(2,368)	(325)
U.S. Treasury
Fair Value
Less than 12 months	1,022	1,015
12 months or more	250	0
Total	1,272	1,015
Unrealized Losses
Less than 12 months	0	0
12 months or more	0	0
Total	0	0
U.S. government and federal agency obligations
Fair Value
Less than 12 months	14,447
12 months or more	0
Total	14,447
Unrealized Losses
Less than 12 months	(408)
12 months or more	0
Total	(408)
U.S. government-sponsored enterprises
Fair Value
Less than 12 months	5,816
12 months or more	0
Total	5,816
Unrealized Losses
Less than 12 months	(184)
12 months or more	0
Total	(184)
Obligations of states and political subdivisions
Fair Value
Less than 12 months	22,580
12 months or more	0
Total	22,580
Unrealized Losses
Less than 12 months	(467)
12 months or more	0
Total	(467)
Mortgage-backed securities
Fair Value
Less than 12 months	46,969	7,494
12 months or more	0	0
Total	46,969	7,494
Unrealized Losses
Less than 12 months	(1,048)	(54)
12 months or more	0	0
Total	(1,048)	(54)
Other debt securities
Fair Value
Less than 12 months	2,989	2,987
12 months or more	0	0
Total	2,989	2,987
Unrealized Losses
Less than 12 months	(11)	(14)
12 months or more	0	0
Total	(11)	(14)
Bank issued trust preferred securities
Fair Value
Less than 12 months	0	0
12 months or more	1,236	1,229
Total	1,236	1,229
Unrealized Losses
Less than 12 months	0	0
12 months or more	(250)	(257)
Total	$ (250)	$ (257)

Investment Securities - Other (

Investment Securities - Other (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)security	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)security
Investment Securities
Number of securities consisted in portfolio | security	342		308
Number of securities in loss position | security	87		10
Aggregate fair value of securities in loss position	$ 95,309		$ 12,725
Loss position for 12 months or longer	1,486		1,229
Aggregate unrealized loss included in accumulated other comprehensive income (loss)	2,368		$ 325
Proceeds from sale of available for sale debt securities	0	$ 681
Gains realized on sales	2	0
Recognized net securities losses	$ 14	$ (1)

Investment Securities - Compone

Investment Securities - Components of Investment Securities Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Available for sale securities:
Gains realized on sales	$ 2	$ 0
Losses realized on sales	0	0
Other-than-temporary impairment recognized	0	0
Other investment securities:
Fair value adjustments, net	12	(1)
Investment securities gains (losses), net	$ 14	$ (1)

Intangible Assets - Mortgage Se

Intangible Assets - Mortgage Servicing Rights (Details) - Mortgage servicing rights (MSRs) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Mortgage Servicing Rights
Mortgage loans serviced for others	$ 288,900,000	$ 270,600,000	$ 292,700,000
Mortgage loan servicing fees reported as non-interest income	$ 193,000	$ 188,000

Intangible Assets - Changes in

Intangible Assets - Changes in Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Changes in mortgage servicing rights
Balance at beginning of period	$ 2,445
Changes in fair value:
Balance at end of period	2,494
Mortgage servicing rights (MSRs)
Changes in mortgage servicing rights
Balance at beginning of period	2,445	$ 2,482
Originated mortgage servicing rights	170	67
Changes in fair value:
Due to changes in model inputs and assumptions	22	(198)
Other changes in fair value	(143)	(77)
Total changes in fair value	(121)	(275)
Balance at end of period	$ 2,494	$ 2,274

Intangible Assets - FV Assumpti

Intangible Assets - FV Assumptions (Details) - Mortgage servicing rights (MSRs)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Assumptions used in estimating the fair value of mortgage service rights
Weighted average constant prepayment rate	15.04%	15.18%
Weighted average note rate	3.47%	3.91%
Weighted average discount rate	7.75%	8.25%
Weighted average expected life (in years)	5 years	4 years 4 months 24 days

Federal funds purchased and s_3

Federal funds purchased and securities sold under agreements to repurchase - Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Federal funds purchased and securities sold under agreements to repurchase
Federal funds purchased	$ 0	$ 0
Repurchase agreements	42,018	45,154
Total	$ 42,018	$ 45,154

Federal funds purchased and s_4

Federal funds purchased and securities sold under agreements to repurchase - Repurchase Agreements - Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	$ 42,018	$ 45,154
U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements		2,728
U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	8,757	15,533
Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	33,261	26,893
Overnight and continuous
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	42,018	45,154
Overnight and continuous | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements		2,728
Overnight and continuous | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	8,757	15,533
Overnight and continuous | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	33,261	26,893
Less than 90 days
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	0	0
Less than 90 days | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements		0
Less than 90 days | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	0	0
Less than 90 days | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	0	0
Greater than 90 days
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	0	0
Greater than 90 days | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements		0
Greater than 90 days | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	0	0
Greater than 90 days | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Repurchase agreements	$ 0	$ 0

Leases - Other (Details)

Leases - Other (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Leases
Operating right-of-use assets	$ 2,000,000
Operating lease liabilities	$ 2,058,000		$ 2,137,000
Weighted-average remaining lease term (in years)	7 years 3 months 18 days
Weighted-average discount rate (as a percent)	4.00%
Operating lease cost	$ 100,000	$ 86,000
Short-term operating lease expense	$ 13,000	$ 35,000
Minimum
Leases
Remaining lease terms (in years)	1 year
Maximum
Leases
Remaining lease terms (in years)	10 years

Leases - Maturities of remainin

Leases - Maturities of remaining operating lease liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Maturity of remaining operating lease liabilities:
2021 (excluding 3 months ending March 31, 2021)	$ 276
2022	367
2023	366
2024	258
2025	257
Thereafter	830
Total lease payments	2,354
Less imputed interest	(296)
Total lease liabilities, as reported	$ 2,058	$ 2,137

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Taxes
Federal corporate income tax rate (as a percent)	18.90%	15.30%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$ 1,528
Total other comprehensive income (loss)	(2,745)	$ 2,233
Balance at end of period	(1,217)
Unrealized Gain (Losses) on Securities
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	3,353	(23)
Other comprehensive income, before reclassifications	(3,518)	2,760
Amounts reclassified from accumulated other comprehensive (loss) income	(2)	0
Current period other comprehensive income (loss), before tax	(3,520)	2,760
Income tax benefit (expense)	740	(580)
Total other comprehensive income (loss)	(2,780)	2,180
Balance at end of period	573	2,157
Unrecognized Net Pension and Postretirement Costs
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	(1,825)	(3,732)
Other comprehensive income, before reclassifications	45	67
Amounts reclassified from accumulated other comprehensive (loss) income		0
Current period other comprehensive income (loss), before tax	45	67
Income tax benefit (expense)	(10)	(14)
Total other comprehensive income (loss)	35	53
Balance at end of period	(1,790)	(3,679)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	1,528	(3,755)
Other comprehensive income, before reclassifications	(3,473)	2,827
Amounts reclassified from accumulated other comprehensive (loss) income	(2)	0
Current period other comprehensive income (loss), before tax	(3,475)	2,827
Income tax benefit (expense)	730	(594)
Total other comprehensive income (loss)	(2,745)	2,233
Balance at end of period	$ (1,217)	$ (1,522)

Employee Benefit Plans - Expens

Employee Benefit Plans - Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Summary of employee benefits charged to operating expenses
Payroll taxes	$ 435	$ 389
Medical plans	450	427
401k match and profit sharing	499	306
Periodic pension cost	416	464
Other	4	23
Total employee benefits	$ 1,804	$ 1,609

Employee Benefit Plans - Other

Employee Benefit Plans - Other (Details) - USD ($)	Mar. 22, 2021	Mar. 31, 2021	Mar. 31, 2020
Defined Benefit Plan Disclosure
401(k) plan, percentage of employer match		3.00%
401(k) plan, maximum percentage contribution by employer		6.00%
Employer contribution	$ 1,000,000
SERP
Defined Benefit Plan Disclosure
SERP, accrued liability		$ 1,100,000
SERP, accrued expense		$ 97,000	$ 80,000

Employee Benefit Plans - Net Pe

Employee Benefit Plans - Net Pension Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Components of net pension cost
Service cost - benefits earned during the year	$ 1,663	$ 1,857
Interest costs on projected benefit obligations	1,023	1,159
Expected return on plan assets	(1,825)	(1,572)
Expected administrative expenses	104	110
Amortization of prior service cost		50
Amortization of unrecognized net loss	181	218
Net periodic pension cost	$ 1,146	$ 1,822

Earnings per Share - Stock Divi

Earnings per Share - Stock Dividend (Details)	Jul. 01, 2020
Earnings per Share
Dividends Payable, Date to be Paid	Jul. 1, 2020
Special stock dividend, rate percent	4.00%
Special stock dividend, record date	Jun. 15, 2020

Earnings per Share - Components

Earnings per Share - Components (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Basic earnings per share:
Net income available to shareholders	$ 5,839	$ 868
Average shares outstanding	6,362,869	6,510,189
Basic earnings per share (in dollars per share)	$ 0.92	$ 0.13
Diluted earnings per share:
Net income available to shareholders	$ 5,839	$ 868
Average shares outstanding	6,362,869	6,510,189
Effect of dilutive stock options	0	0
Average shares outstanding including dilutive stock options	6,362,869	6,510,189
Diluted earnings per share (in dollars per share)	$ 0.92	$ 0.13

Earnings per Share - Anti-dilut

Earnings per Share - Anti-dilutive (Details)	3 Months Ended
	Mar. 31, 2021shares
Option shares
Summary of anti-dilutive shares
Anti-dilutive shares	0

Earnings per Share - Repurchase

Earnings per Share - Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Sep. 30, 2020
Earnings Per Share
Stock repurchased	$ 2,148	$ 719
Repurchase Program
Earnings Per Share
Value of shares authorized for repurchase			$ 5,000
Stock repurchased (in shares)	117,632
Stock repurchased (in dollars per share)	$ 18.26
Stock repurchased	$ 2,100
Remaining available for repurchase of shares	$ 1,900

Fair Value Measurements - Mortg

Fair Value Measurements - Mortgage Servicing Rights - Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets:
Available for sale debt securities, fair value	$ 238,142	$ 198,030
Mortgage servicing rights, fair value	2,494	2,445
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Available for sale debt securities, fair value	3,041	2,798
Assets, Total	165,174	199,209
Other Observable Inputs (Level 2)
Assets:
Available for sale debt securities, fair value	235,101	195,232
Assets, Total	243,709	204,004
Significant Unobservable Inputs (Level 3)
Assets:
Available for sale debt securities, fair value	0	0
Assets, Total	1,289,868	1,293,956
Recurring
Assets:
Assets, Total	240,681	200,507
Recurring | U.S. Treasury
Assets:
Available for sale debt securities, fair value	3,041	2,798
Recurring | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	19,829	11,929
Recurring | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	22,551	22,874
Recurring | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	70,818	58,744
Recurring | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	108,644	90,112
Recurring | Other debt securities
Assets:
Available for sale debt securities, fair value	12,023	10,344
Recurring | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	1,236	1,229
Recurring | Equity securities
Assets:
Available for sale debt securities, fair value	45	32
Recurring | Mortgage servicing rights (MSRs)
Assets:
Mortgage servicing rights, fair value	2,494	2,445
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Assets, Total	3,086	2,830
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	3,041	2,798
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other debt securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity securities
Assets:
Available for sale debt securities, fair value	45	32
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage servicing rights (MSRs)
Assets:
Mortgage servicing rights, fair value	0	0
Recurring | Other Observable Inputs (Level 2)
Assets:
Assets, Total	235,101	195,232
Recurring | Other Observable Inputs (Level 2) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Other Observable Inputs (Level 2) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	19,829	11,929
Recurring | Other Observable Inputs (Level 2) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	22,551	22,874
Recurring | Other Observable Inputs (Level 2) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	70,818	58,744
Recurring | Other Observable Inputs (Level 2) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	108,644	90,112
Recurring | Other Observable Inputs (Level 2) | Other debt securities
Assets:
Available for sale debt securities, fair value	12,023	10,344
Recurring | Other Observable Inputs (Level 2) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	1,236	1,229
Recurring | Other Observable Inputs (Level 2) | Equity securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Other Observable Inputs (Level 2) | Mortgage servicing rights (MSRs)
Assets:
Mortgage servicing rights, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3)
Assets:
Assets, Total	2,494	2,445
Recurring | Significant Unobservable Inputs (Level 3) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Other debt securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Equity securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage servicing rights (MSRs)
Assets:
Mortgage servicing rights, fair value	$ 2,494	$ 2,445

Fair Value Measurements - Mor_2

Fair Value Measurements - Mortgage Servicing Rights - Level 3 (Details) - Recurring - Significant Unobservable Inputs (Level 3) - Mortgage servicing rights (MSRs) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Fair value of assets
Balance at beginning of period	$ 2,445	$ 2,482
Total (losses) or gains (realized/unrealized): Included in earnings	121	275
Total (losses) or gains (realized/unrealized): Included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Issues	170	67
Settlements	0	0
Balance at end of period	$ 2,494	$ 2,274

Fair Value Measurements - Mor_3

Fair Value Measurements - Mortgage Servicing Rights - Other (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Fair Value Measurements
Impaired loans with a specific allowance	$ 24,078,000		$ 25,389,000
Specific allowance related to impaired loans	5,144,000		$ 5,113,000
Collateral dependent impaired loans
Fair Value Measurements
Impaired loans with a specific allowance	31,800,000	$ 5,800,000
Specific allowance related to impaired loans	4,700,000	200,000
Impaired financing receivable charge offs	$ 23,000	$ 55,000

Fair Value Measurements - Other

Fair Value Measurements - Other Real Estate Owned and Repossessed Assets (Details) - Nonrecurring - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Total Fair Value
Fair Value Measurements
Impaired loans	$ 27,075	$ 5,590
Other real estate and repossessed assets	12,140	12,769
Total Fair Value | Commercial, financial, and agricultural
Fair Value Measurements
Impaired loans	4,188	2,422
Total Fair Value | Commercial real estate | Construction
Fair Value Measurements
Impaired loans		408
Total Fair Value | Commercial real estate | Mortgages
Fair Value Measurements
Impaired loans	22,484	827
Total Fair Value | Residential real estate | Mortgages
Fair Value Measurements
Impaired loans	403	1,921
Total Fair Value | Installment and other consumer
Fair Value Measurements
Impaired loans		12
Total Gains (Losses)
Fair Value Measurements
Other real estate and repossessed assets	(73)	(12)
Gains (losses) on impaired loans	(23)	(55)
Total Gains (Losses) | Commercial real estate | Construction
Fair Value Measurements
Gains (losses) on impaired loans		0
Total Gains (Losses) | Commercial real estate | Mortgages
Fair Value Measurements
Gains (losses) on impaired loans	(23)	(22)
Total Gains (Losses) | Residential real estate | Mortgages
Fair Value Measurements
Gains (losses) on impaired loans		(19)
Total Gains (Losses) | Installment and other consumer
Fair Value Measurements
Gains (losses) on impaired loans		(14)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value Measurements
Impaired loans	0	0
Other real estate and repossessed assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial, financial, and agricultural
Fair Value Measurements
Impaired loans	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial real estate | Construction
Fair Value Measurements
Impaired loans		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial real estate | Mortgages
Fair Value Measurements
Impaired loans	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential real estate | Mortgages
Fair Value Measurements
Impaired loans	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Installment and other consumer
Fair Value Measurements
Impaired loans		0
Other Observable Inputs (Level 2)
Fair Value Measurements
Impaired loans	0	0
Other real estate and repossessed assets	0	0
Other Observable Inputs (Level 2) | Commercial, financial, and agricultural
Fair Value Measurements
Impaired loans	0	0
Other Observable Inputs (Level 2) | Commercial real estate | Construction
Fair Value Measurements
Impaired loans		0
Other Observable Inputs (Level 2) | Commercial real estate | Mortgages
Fair Value Measurements
Impaired loans	0	0
Other Observable Inputs (Level 2) | Residential real estate | Mortgages
Fair Value Measurements
Impaired loans	0	0
Other Observable Inputs (Level 2) | Installment and other consumer
Fair Value Measurements
Impaired loans		0
Significant Unobservable Inputs (Level 3)
Fair Value Measurements
Impaired loans	27,075	5,590
Other real estate and repossessed assets	12,140	12,769
Significant Unobservable Inputs (Level 3) | Commercial, financial, and agricultural
Fair Value Measurements
Impaired loans	4,188	2,422
Significant Unobservable Inputs (Level 3) | Commercial real estate | Construction
Fair Value Measurements
Impaired loans		408
Significant Unobservable Inputs (Level 3) | Commercial real estate | Mortgages
Fair Value Measurements
Impaired loans	22,484	827
Significant Unobservable Inputs (Level 3) | Residential real estate | Mortgages
Fair Value Measurements
Impaired loans	$ 403	1,921
Significant Unobservable Inputs (Level 3) | Installment and other consumer
Fair Value Measurements
Impaired loans		$ 12

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Assets:
Cash and due from banks	$ 18,496	$ 19,235
Federal funds sold and overnight interest-bearing deposits	128,207	161,128
Certificates of deposit in other banks	8,897	9,376
Available for sale securities	238,142	198,030
Loans held for sale	6,308	5,099	$ 4,300
Accrued interest receivable	6,488	6,640
Deposits:
Non-interest bearing demand	431,035	382,492
Savings, interest checking and money market	708,615	723,808
Operating lease liabilities	2,058	2,137
Accrued interest payable	439	837
Carrying Amount
Assets:
Cash and due from banks	18,496	19,235
Federal funds sold and overnight interest-bearing deposits	128,207	161,128
Certificates of deposit in other banks	8,897	9,376
Available for sale securities	238,142	198,030
Other investment securities	6,188	6,353
Loans, net	1,257,824	1,268,854
Loans held for sale	6,308	5,099
Cash surrender value - life insurance	2,465	2,451
Accrued interest receivable	6,488	6,640
Assets, Total	1,673,015	1,677,166
Deposits:
Non-interest bearing demand	431,035	382,492
Savings, interest checking and money market	708,615	723,808
Time deposits	254,332	277,306
Federal funds purchased and securities sold under agreements to repurchase	42,018	45,154
Federal Home Loan Bank advances and other borrowings	97,614	106,674
Subordinated notes	49,486	49,486
Operating lease liabilities	2,058	2,137
Accrued interest payable	439	837
Liabilities, Total	1,585,597	1,587,894
Total Fair Value
Assets:
Cash and due from banks	18,496	19,235
Federal funds sold and overnight interest-bearing deposits	128,207	161,128
Certificates of deposit in other banks	8,897	9,376
Available for sale securities	238,142	198,030
Other investment securities	6,188	6,353
Loans, net	1,283,560	1,288,677
Loans held for sale	6,308	5,279
Cash surrender value - life insurance	2,465	2,451
Accrued interest receivable	6,488	6,640
Assets, Total	1,698,751	1,697,169
Deposits:
Non-interest bearing demand	431,035	382,492
Savings, interest checking and money market	708,615	723,808
Time deposits	256,047	279,569
Federal funds purchased and securities sold under agreements to repurchase	42,018	45,154
Federal Home Loan Bank advances and other borrowings	99,750	110,121
Subordinated notes	41,176	40,929
Operating lease liabilities	2,058	2,137
Accrued interest payable	439	837
Liabilities, Total	1,581,138	1,585,047
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash and due from banks	18,496	19,235
Federal funds sold and overnight interest-bearing deposits	128,207	161,128
Certificates of deposit in other banks	8,897	9,376
Available for sale securities	3,041	2,798
Other investment securities	45	32
Loans, net	0	0
Loans held for sale	0	0
Cash surrender value - life insurance	0	0
Accrued interest receivable	6,488	6,640
Assets, Total	165,174	199,209
Deposits:
Non-interest bearing demand	431,035	382,492
Savings, interest checking and money market	708,615	723,808
Time deposits	0	0
Federal funds purchased and securities sold under agreements to repurchase	42,018	45,154
Federal Home Loan Bank advances and other borrowings	0	0
Subordinated notes	0	0
Operating lease liabilities	0	0
Accrued interest payable	439	837
Liabilities, Total	1,182,107	1,152,291
Other Observable Inputs (Level 2)
Assets:
Cash and due from banks	0	0
Federal funds sold and overnight interest-bearing deposits	0	0
Certificates of deposit in other banks	0	0
Available for sale securities	235,101	195,232
Other investment securities	6,143	6,321
Loans, net	0	0
Loans held for sale	0	0
Cash surrender value - life insurance	2,465	2,451
Accrued interest receivable	0	0
Assets, Total	243,709	204,004
Deposits:
Non-interest bearing demand	0	0
Savings, interest checking and money market	0	0
Time deposits	0	0
Federal funds purchased and securities sold under agreements to repurchase	0	0
Federal Home Loan Bank advances and other borrowings	99,750	110,121
Subordinated notes	41,176	40,929
Operating lease liabilities	2,058	2,137
Accrued interest payable	0	0
Liabilities, Total	142,984	153,187
Significant Unobservable Inputs (Level 3)
Assets:
Cash and due from banks	0	0
Federal funds sold and overnight interest-bearing deposits	0	0
Certificates of deposit in other banks	0	0
Available for sale securities	0	0
Other investment securities	0	0
Loans, net	1,283,560	1,288,677
Loans held for sale	6,308	5,279
Cash surrender value - life insurance	0	0
Accrued interest receivable	0	0
Assets, Total	1,289,868	1,293,956
Deposits:
Non-interest bearing demand	0	0
Savings, interest checking and money market	0	0
Time deposits	256,047	279,569
Federal funds purchased and securities sold under agreements to repurchase	0	0
Federal Home Loan Bank advances and other borrowings	0	0
Subordinated notes	0	0
Operating lease liabilities	0	0
Accrued interest payable	0	0
Liabilities, Total	$ 256,047	$ 279,569

Commitments and Contingencies -

Commitments and Contingencies - Contractual Amounts (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Contractual amount of off-balance-sheet financial instruments
Total contractual amount of off-balance-sheet financial instruments	$ 421,615	$ 441,598
Commitments to extend credit
Contractual amount of off-balance-sheet financial instruments
Total contractual amount of off-balance-sheet financial instruments	350,465	264,528
Commitments to originate residential first and second mortgage loans
Contractual amount of off-balance-sheet financial instruments
Total contractual amount of off-balance-sheet financial instruments	50,340	51,270
Standby letters of credit
Contractual amount of off-balance-sheet financial instruments
Total contractual amount of off-balance-sheet financial instruments	$ 20,810	$ 125,800

Commitments and Contingencies_2

Commitments and Contingencies - Other (Details)	3 Months Ended
	Mar. 31, 2021
Minimum
Commitments and Contingencies
Remaining term of conditional commitment	1 month
Maximum
Commitments and Contingencies
Remaining term of conditional commitment	5 years