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Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Impaired Financing Receivables

At December 31, 2017 and 2016, loans consisted of the following (in thousands):

		December 31, 2017												December 31, 2016
		PCI  Loans				All Other Loans				Total				PCI  Loans				All Other Loans				Total
Commercial real estate		$	17,903			$	625,085			$	642,988			$	14,943			$	400,265			$	415,208
Consumer real estate		7,450				286,007				293,457				9,004				178,798				187,802
Construction and land development		5,120				130,289				135,409				1,678				116,191				117,869
Commercial and industrial		858				237,229				238,087				1,568				83,454				85,022
Consumer and other		1,463				11,854				13,317				—				7,475				7,475
Total loans		32,794				1,290,464				1,323,258				27,193				786,183				813,376
Less:  Allowance for loan losses		(16		)		(5,844		)		(5,860		)		—				(5,105		)		(5,105		)
Loans, net		$	32,778			$	1,284,620			$	1,317,398			$	27,193			$	781,078			$	808,271

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period, Carrying Amount of Loans

The composition of loans by loan classification for impaired and performing loan status at December 31, 2017 and 2016, is summarized in the tables below (amounts in thousands):

		December 31, 2017
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Performing loans		$	624,638			$	284,585			$	129,742			$	237,016			$	11,842			$	1,287,823
Impaired loans		447				1,422				547				213				12				2,641
		625,085				286,007				130,289				237,229				11,854				1,290,464
PCI loans		17,903				7,450				5,120				858				1,463				32,794
Total		$	642,988			$	293,457			$	135,409			$	238,087			$	13,317			$	1,323,258

		December 31, 2016
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Performing loans		$	400,146			$	177,977			$	115,326			$	83,244			$	7,475			$	784,168
Impaired loans		119				821				865				210				—				2,015
		400,265				178,798				116,191				83,454				7,475				786,183
PCI loans		14,943				9,004				1,678				1,568				—				27,193
Total loans		$	415,208			$	187,802			$	117,869			$	85,022			$	7,475			$	813,376

Past Due Financing Receivables

The following tables show the allowance for loan losses allocation by loan classification for impaired and performing loans as of December 31, 2017 and 2016 (amounts in thousands):

December 31, 2017
										Construction				Commercial				Consumer
		Commercial				Consumer				and Land				and				and
		Real Estate				Real Estate				Development				Industrial				Other				Total
Performing loans		$	2,444			$	1,340			$	521			$	890			$	204			$	5,399
PCI loans		16				—				—				—				—				16
Impaired loans		5				256				—				172				12				445
Total		$	2,465			$	1,596			$	521			$	1,062			$	216			$	5,860

Credit Risk Management (continued):

December 31, 2016
										Construction				Commercial				Consumer
		Commercial				Consumer				and Land				and				and
		Real Estate				Real Estate				Development				Industrial				Other				Total
Performing loans		$	2,369			$	1,382			$	717			$	516			$	117			$	5,101
PCI Loans		—				—				—				—				—				—
Impaired loans		—				—				—				4				—				4
Total		$	2,369			$	1,382			$	717			$	520			$	117			$	5,105

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period

The following tables detail the changes in the allowance for loan losses for the year ending December 31, 2017 and December 31, 2016, by loan classification (amounts in thousands):

December 31, 2017
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Beginning balance		$	2,369			$	1,382			$	717			$	520			$	117			$	5,105
Loans charged off		—				(111		)		—				(24		)		(141		)		(276		)
Recoveries of loans charged off		8				99				13				67				61				248
Provision (reallocation) charged to operating expense		88				226				(209		)		499				179				783
Ending balance		$	2,465			$	1,596			$	521			$	1,062			$	216			$	5,860

December 31, 2016
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Beginning balance		$	1,906			$	1,015			$	627			$	777			$	29			$	4,354
Loans charged off		—				(102		)		(14		)		(35		)		(155		)		(306		)
Recoveries of loans charged off		45				76				22				58				68				269
Provision (reallocation) charged to operating expense		418				393				82				(280		)		175				788
Ending balance		$	2,369			$	1,382			$	717			$	520			$	117			$	5,105

Troubled Debt Restructurings on Financing Receivables

The following tables outline the amount of each loan classification and the amount categorized into each risk rating as of December 31, 2017 and 2016 (amounts in thousands):

Non PCI Loans

		December 31, 2017
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Pass		$	616,028			$	279,464			$	129,359			$	233,942			$	11,624			$	1,270,417
Watch		7,673				2,543				383				3,007				62				13,668
Special mention		1,006				2,627				—				64				155				3,852
Substandard		378				1,159				547				157				—				2,241
Doubtful		—				214				—				59				13				286
Total		$	625,085			$	286,007			$	130,289			$	237,229			$	11,854			$	1,290,464

Credit Risk Management (continued):

PCI Loans

		December 31, 2017
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Pass		$	14,386			$	4,151			$	4,134			$	68			$	819			$	23,558
Watch		261				1,345				649				120				262				2,637
Special mention		—				456				—				58				24				538
Substandard		3,084				1,192				337				588				107				5,308
Doubtful		172				306				—				24				251				753
Total		$	17,903			$	7,450			$	5,120			$	858			$	1,463			$	32,794
Total loans		$	642,988			$	293,457			$	135,409			$	238,087			$	13,317			$	1,323,258

Non PCI Loans

		December 31, 2016
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Pass		$	399,505			$	177,466			$	115,237			$	82,992			$	7,238			$	782,438
Watch		640				550				89				252				—				1,531
Special mention		—				104				—				—				237				341
Substandard		120				678				865				210				—				1,873
Doubtful		—				—				—				—				—				—
Total		$	400,265			$	178,798			$	116,191			$	83,454			$	7,475			$	786,183

PCI Loans

		December 31, 2016
		Commercial Real Estate				Consumer Real Estate				Construction and Land Development				Commercial and Industrial				Consumer and Other				Total
Pass		$	11,836			$	6,811			$	1,019			$	1,507			$	—			$	21,173
Watch		1,045				1,577				645				22				—				3,289
Special mention		—				—				—				12				—				12
Substandard		2,062				616				14				—				—				2,692
Doubtful		—				—				—				27				—				27
Total		$	14,943			$	9,004			$	1,678			$	1,568			$	—			$	27,193
Total loans		$	415,208			$	187,802			$	117,869			$	85,022			$	7,475			$	813,376

Schedule of Accounts, Notes, Loans and Financing Receivable

The following tables present the aging of the recorded investment in loans and leases as of December 31, 2017 and 2016 (amounts in thousands): 

		December 31, 2017
		30-89 Days Past Due and Accruing				Past Due 90 Days or More and Accruing				Nonaccrual				Total Past Due				PCI Loans				Current Loans				Total Loans
Commercial real estate		$	517			$	728			$	128			$	1,373			$	17,903			$	623,712			$	642,988
Consumer real estate		963				33				991				1,987				7,450				284,020				293,457
Construction and land development		65				326				547				938				5,120				129,351				135,409
Commercial and industrial		286				131				85				502				858				236,727				238,087
Consumer and other		165				291				13				469				1,463				11,385				13,317
Total		$	1,996			$	1,509			$	1,764			$	5,269			$	32,794			$	1,285,195			$	1,323,258

		December 31, 2016
		30-89 Days Past Due and Accruing				Past Due 90 Days or More and Accruing				Nonaccrual				Total Past Due				PCI Loans				Current Loans				Total Loans
Commercial real estate		$	395			$	—			$	—			$	395			$	14,943			$	399,870			$	415,208
Consumer real estate		695				699				386				1,780				9,004				177,018				187,802
Construction and land development		690				—				865				1,555				1,678				114,636				117,869
Commercial and industrial		257				—				164				421				1,568				83,033				85,022
Consumer and other		17				—				—				17				—				7,458				7,475
Total		$	2,054			$	699			$	1,415			$	4,168			$	27,193			$	782,015			$	813,376

Schedule of Allowance for Loan Losses for Impaired and Performing Loans Receivable

The following is an analysis of the impaired loan portfolio detailing the related allowance recorded as of and for the years ended December 31, 2017 and 2016 (amounts in thousands): 

														For the year ended
		At December 31, 2017												December 31, 2017
		Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
Impaired loans without a valuation allowance:
Non PCI Loans:
Commercial real estate		$	424			$	454			$	—			$	204			$	44
Consumer real estate		415				420				—				401				16
Construction and land development		547				547				—				628				—
Commercial and industrial		41				41				—				44				3
Consumer and other		—				—				—				—				—
		1,427				1,462				—				1,277				63
PCI loans: None in 2017
Impaired loans with a valuation allowance:
Non PCI Loans:
Commercial real estate		23				23				5				5				1
Consumer real estate		1,007				1,033				256				601				38
Construction and land development		—				—				—				—				—
Commercial and industrial		172				172				172				117				10
Consumer and other		12				13				12				2				1
		1,214				1,241				445				725				50
PCI loans:
Commercial real estate		16				123				16				3				16
Total impaired loans		$	2,657			$	2,826			$	461			$	2,005			$	129

Impaired Loans (continued):

														For the year ended
		At December 31, 2016												December 31, 2016
		Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
Impaired loans without a valuation allowance:
Non PCI Loans:
Commercial real estate		$	119			$	119			$	—			$	1,311			$	73
Consumer real estate		821				849				—				2,334				100
Construction and land development		865				865				—				967				3
Commercial and industrial		46				46				—				47				4
Consumer and other		—				—				—				—				—
		1,851				1,879				—				4,659				180
PCI loans: None in 2016
Impaired loans with a valuation allowance:
Non PCI Loans:
Commercial real estate		—				—				—				—				—
Consumer real estate		—				—				—				—				—
Construction and land development		—				—				—				—				—
Commercial and industrial		164				243				4				306				70
Consumer and other		—				—				—				—				—
		164				243				4				306				70
PCI loans:  None in 2016
Total impaired loans		$	2,015			$	2,122			$	4			$	4,965			$	250

Financing Receivable Credit Quality Indicators

The following table presents a summary of loans that were modified as troubled debt restructurings during the year ended December 31, 2016 (amounts in thousands): 

December 31, 2016		Number of Contracts		Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment
Construction and land development		1		$	278			$	278
Commercial and industrial		1		164				164

Schedule of Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement

The Company has acquired loans which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans at for the years ended December 31, 2017 and 2016 is as follows (in thousands): 

	2017			2016
Commercial real estate	$	23,366		$	18,473
Consumer real estate	10,764			12,111
Construction and land development	6,285			2,553
Commercial and industrial	1,452			2,482
Consumer and other	1,710			—
Total loans	$	43,577		$	35,619
Less remaining purchase discount	(10,783		)	(8,426		)
Total, gross	32,794			27,193
Less: Allowance for loan losses	(16		)	—
Carrying amount, net of allowance	$	32,778		$	27,193

Schedule of Financing Receivable Allowance For Credit Losses

Purchased credit impaired loans acquired from Capstone during the year ended December 31, 2017 for which it was probable at acquisition that all contractually required payments would not be collected are as follows (in thousands):

		2017
Contractual principal and interest at acquisition		$	25,288
Nonaccretable difference		5,725
Expected cash flows at acquisition		19,563
Accretable yield		2,581
Basis in PCI loans at acquisition-estimated fair value		$	16,982

The following is a summary of the accretable discount on acquired loans for the years ended December 31, 2017 and 2016 (in thousands): 

		2017				2016
Accretable yield, beginning of period		$	8,950			$	10,217
Additions		2,581				—
Accretion income		(4,217		)		(2,588		)
Reclassification from nonaccretable		926				1,585
Other changes, net		1,047				(264		)
Accretable yield, end of period		$	9,287			$	8,950

Schedule of Loan to Directors, Officers and Affiliated Parties

A summary of activity in loans to related parties is as follows (in thousands):

		2017				2016
Balance, beginning of year		$	12,999			$	10,851
Disbursements		14,533				855
Removal of credit lines		—				(1,153		)
Changes in ownership		—				4,830
Repayments		(9,202		)		(2,384		)
Balance, end of year		$	18,330			$	12,999

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