XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.20.2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Receivables [Abstract] |
Summary of Loan Portfolio by Type of Loan | The following table summarizes the Company’s loan portfolio by type of loan as of:
|  | September 30, 2020 |  |  | December 31, 2019 |
Commercial and industrial |  | $ | 531,152 |  |  | $ | 279,583 |
Real estate: |  |  |  |  |  |  |  |
Construction and development |  |  | 269,101 |  |  |  | 280,498 |
Commercial real estate |  |  | 602,664 |  |  |  | 567,360 |
Farmland |  |  | 80,197 |  |  |  | 57,476 |
1-4 family residential |  |  | 385,783 |  |  |  | 412,166 |
Multi-family residential |  |  | 19,499 |  |  |  | 37,379 |
Consumer |  |  | 52,855 |  |  |  | 53,245 |
Agricultural |  |  | 17,004 |  |  |  | 18,359 |
Overdrafts |  |  | 379 |  |  |  | 329 |
Total loans(1) |  |  | 1,958,634 |  |  |  | 1,706,395 |
Net of: |  |  |  |  |  |  |  |
Deferred loan (fees) costs, net |  |  | (3,643 | ) |  |  | 601 |
Allowance for credit losses |  |  | (33,757 | ) |  |  | (16,202 | )
Total net loans(1) |  | $ | 1,921,234 |  |  | $ | 1,690,794 |
(1) Excludes accrued interest receivable on loans of $6.7 million and $6.4 million as of September 30, 2020 and December 31, 2019, respectively, which is presented separately on the consolidated balance sheets. |
Schedule of Allowance for Loan Losses Activity | The Company’s estimate of the allowance for credit losses (“ACL”) reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. The following tables present the activity in the ACL by class of loans for the nine months ended September 30, 2020, and the activity in the allowance for loan loss by portfolio segment for the year ended December 31, 2019 and for the nine months ended September 30, 2019:
For the Nine Months Ended September 30, 2020 |  | Commercial and industrial |  |  | Construction and development |  |  | Commercial real estate |  |  | Farmland |  |  | 1-4 family residential |  |  | Multi-family residential |  |  | Consumer |  |  | Agricultural |  |  | Overdrafts |  |  | Total |  |  |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance, prior to adoption of ASC 326 |  | $ | 2,056 |  |  | $ | 2,378 |  |  | $ | 6,853 |  |  | $ | 570 |  |  | $ | 3,125 |  |  | $ | 409 |  |  | $ | 602 |  |  | $ | 197 |  |  | $ | 12 |  |  | $ | 16,202 |  |  |
Impact of adopting ASC 326 |  |  | 546 |  |  |  | 323 |  |  |  | 2,228 |  |  |  | 26 |  |  |  | 1,339 |  |  |  | (50 | ) |  |  | 72 |  |  |  | 73 |  |  |  | (9 | ) |  |  | 4,548 |  |  |
Provision for credit losses |  |  | 1,366 |  |  |  | 2,228 |  |  |  | 6,613 |  |  |  | 694 |  |  |  | 1,778 |  |  |  | (34 | ) |  |  | 407 |  |  |  | 59 |  |  |  | 89 |  |  |  | 13,200 |  |  |
Loans charged-off |  |  | (43 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (59 | ) |  |  | — |  |  |  | (136 | ) |  |  | (18 | ) |  |  | (128 | ) |  |  | (384 | ) |  |
Recoveries |  |  | 93 |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | 30 |  |  |  | 20 |  |  |  | 45 |  |  |  | 191 |  |  |
Ending balance |  | $ | 4,018 |  |  | $ | 4,929 |  |  | $ | 15,695 |  |  | $ | 1,290 |  |  | $ | 6,185 |  |  | $ | 325 |  |  | $ | 975 |  |  | $ | 331 |  |  | $ | 9 |  |  | $ | 33,757 |  |  |
For the Year Ended December 31, 2019 |  | Commercial and industrial |  |  | Construction and development |  |  | Commercial real estate |  |  | Farmland |  |  | 1-4 family residential |  |  | Multi-family residential |  |  | Consumer |  |  | Agricultural |  |  | Overdrafts |  |  | Total |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,751 |  |  | $ | 1,920 |  |  | $ | 6,025 |  |  | $ | 643 |  |  | $ | 2,868 |  |  | $ | 631 |  |  | $ | 565 |  |  | $ | 238 |  |  | $ | 10 |  |  | $ | 14,651 |  |
Provision for loan losses |  |  | (117 | ) |  |  | 458 |  |  |  | 827 |  |  |  | (73 | ) |  |  | 268 |  |  |  | (222 | ) |  |  | (2 | ) |  |  | (41 | ) |  |  | 152 |  |  |  | 1,250 |  |
Loans charged-off |  |  | (86 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (14 | ) |  |  | — |  |  |  | (72 | ) |  |  | (89 | ) |  |  | (192 | ) |  |  | (453 | ) |
Recoveries |  |  | 508 |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 111 |  |  |  | 89 |  |  |  | 42 |  |  |  | 754 |  |
Ending balance |  | $ | 2,056 |  |  | $ | 2,378 |  |  | $ | 6,853 |  |  | $ | 570 |  |  | $ | 3,125 |  |  | $ | 409 |  |  | $ | 602 |  |  | $ | 197 |  |  | $ | 12 |  |  | $ | 16,202 |  |
For the Nine Months Ended September 30, 2019 |  | Commercial and industrial |  |  | Construction and development |  |  | Commercial real estate |  |  | Farmland |  |  | 1-4 family residential |  |  | Multi-family residential |  |  | Consumer |  |  | Agricultural |  |  | Overdrafts |  |  | Total |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,751 |  |  | $ | 1,920 |  |  | $ | 6,025 |  |  | $ | 643 |  |  | $ | 2,868 |  |  | $ | 631 |  |  | $ | 565 |  |  | $ | 238 |  |  | $ | 10 |  |  | $ | 14,651 |  |
Provision for loan losses |  |  | (152 | ) |  |  | 215 |  |  |  | 863 |  |  |  | (49 | ) |  |  | 220 |  |  |  | 199 |  |  |  | (28 | ) |  |  | (126 | ) |  |  | 108 |  |  |  | 1,250 |  |
Loans charged-off |  |  | (49 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (14 | ) |  |  | — |  |  |  | (32 | ) |  |  | — |  |  |  | (137 | ) |  |  | (232 | ) |
Recoveries |  |  | 507 |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 95 |  |  |  | 89 |  |  |  | 30 |  |  |  | 725 |  |
Ending balance |  | $ | 2,057 |  |  | $ | 2,135 |  |  | $ | 6,889 |  |  | $ | 594 |  |  | $ | 3,077 |  |  | $ | 830 |  |  | $ | 600 |  |  | $ | 201 |  |  | $ | 11 |  |  | $ | 16,394 |  |
Summary of Credit Exposure by Internally Assigned Grade | The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of September 30, 2020:
September 30, 2020 |  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |  |  | Prior |  |  | Revolving Loans Amortized Cost |  |  | Total |
Commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 361,379 |  |  | $ | 35,265 |  |  | $ | 16,564 |  |  | $ | 7,252 |  |  | $ | 7,194 |  |  | $ | 17,740 |  |  | $ | 80,480 |  |  | $ | 525,874 |
Special mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,523 |  |  |  | 1,324 |  |  |  | — |  |  |  | 150 |  |  |  | 4,997 |
Substandard |  |  | — |  |  |  | — |  |  |  | 210 |  |  |  | — |  |  |  | 56 |  |  |  | — |  |  |  | — |  |  |  | 266 |
Nonaccrual |  |  | — |  |  |  | 10 |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 15 |
Total commercial and industrial loans |  | $ | 361,379 |  |  | $ | 35,275 |  |  | $ | 16,779 |  |  | $ | 10,775 |  |  | $ | 8,574 |  |  | $ | 17,740 |  |  | $ | 80,630 |  |  | $ | 531,152 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | (43 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (43 | )
Recoveries |  |  | — |  |  |  | — |  |  |  | 43 |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | 36 |  |  |  | 93 |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 14 |  |  | $ | 36 |  |  | $ | 50 |
Construction and development: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 90,694 |  |  | $ | 92,719 |  |  | $ | 29,841 |  |  | $ | 25,992 |  |  | $ | 8,753 |  |  | $ | 10,585 |  |  | $ | 4,539 |  |  | $ | 263,123 |
Special mention |  |  | 262 |  |  |  | 164 |  |  |  | — |  |  |  | 1,001 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,427 |
Substandard |  |  | 2,907 |  |  |  | 609 |  |  |  | 5 |  |  |  | — |  |  |  | 680 |  |  |  | — |  |  |  | — |  |  |  | 4,201 |
Nonaccrual |  |  | — |  |  |  | 50 |  |  |  | 300 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 350 |
Total construction and development loans |  | $ | 93,863 |  |  | $ | 93,542 |  |  | $ | 30,146 |  |  | $ | 26,993 |  |  | $ | 9,433 |  |  | $ | 10,585 |  |  | $ | 4,539 |  |  | $ | 269,101 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 59,513 |  |  | $ | 98,704 |  |  | $ | 99,042 |  |  | $ | 75,436 |  |  | $ | 94,333 |  |  | $ | 128,363 |  |  | $ | 6,349 |  |  | $ | 561,740 |
Special mention |  |  | — |  |  |  | 4,979 |  |  |  | 3,570 |  |  |  | 5,335 |  |  |  | 2,495 |  |  |  | 914 |  |  |  | — |  |  |  | 17,293 |
Substandard |  |  | — |  |  |  | — |  |  |  | 2,014 |  |  |  | 437 |  |  |  | 2,038 |  |  |  | 8,293 |  |  |  | — |  |  |  | 12,782 |
Nonaccrual |  |  | — |  |  |  | 1,140 |  |  |  | 153 |  |  |  | 4,124 |  |  |  | 4,751 |  |  |  | 681 |  |  |  | — |  |  |  | 10,849 |
Total commercial real estate loans |  | $ | 59,513 |  |  | $ | 104,823 |  |  | $ | 104,779 |  |  | $ | 85,332 |  |  | $ | 103,617 |  |  | $ | 138,251 |  |  | $ | 6,349 |  |  | $ | 602,664 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |
Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 13,842 |  |  | $ | 12,939 |  |  | $ | 11,854 |  |  | $ | 7,382 |  |  | $ | 11,014 |  |  | $ | 17,591 |  |  | $ | 5,283 |  |  | $ | 79,905 |
Special mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 37 |  |  |  | — |  |  |  | 37 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 135 |  |  |  | — |  |  |  | 135 |
Nonaccrual |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 120 |  |  |  | — |  |  |  | 120 |
Total farmland loans |  | $ | 13,842 |  |  | $ | 12,939 |  |  | $ | 11,854 |  |  | $ | 7,382 |  |  | $ | 11,014 |  |  | $ | 17,883 |  |  | $ | 5,283 |  |  | $ | 80,197 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
September 30, 2020 |  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |  |  | Prior |  |  | Revolving Loans Amortized Cost |  |  | Total |
1-4 family residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 63,466 |  |  | $ | 64,012 |  |  | $ | 54,716 |  |  | $ | 39,389 |  |  | $ | 46,163 |  |  | $ | 105,068 |  |  | $ | 10,780 |  |  | $ | 383,594 |
Special mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Nonaccrual |  |  | — |  |  |  | — |  |  |  | 332 |  |  |  | 435 |  |  |  | 207 |  |  |  | 1,215 |  |  |  | — |  |  |  | 2,189 |
Total 1-4 family residential loans |  | $ | 63,466 |  |  | $ | 64,012 |  |  | $ | 55,048 |  |  | $ | 39,824 |  |  | $ | 46,370 |  |  | $ | 106,283 |  |  | $ | 10,780 |  |  | $ | 385,783 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (59 | ) |  | $ | — |  |  | $ | (59 | )
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | 2 |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (57 | ) |  | $ | — |  |  | $ | (57 | )
Multi-family residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 4,180 |  |  | $ | 4,528 |  |  | $ | 2,913 |  |  | $ | 1,408 |  |  | $ | 1,758 |  |  | $ | 4,503 |  |  | $ | 209 |  |  | $ | 19,499 |
Special mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Nonaccrual |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total multi-family residential loans |  | $ | 4,180 |  |  | $ | 4,528 |  |  | $ | 2,913 |  |  | $ | 1,408 |  |  | $ | 1,758 |  |  | $ | 4,503 |  |  | $ | 209 |  |  | $ | 19,499 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Consumer and overdrafts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 19,940 |  |  | $ | 14,466 |  |  | $ | 11,420 |  |  | $ | 2,297 |  |  | $ | 937 |  |  | $ | 617 |  |  | $ | 3,292 |  |  | $ | 52,969 |
Special mention |  |  | 5 |  |  |  | 1 |  |  |  | 23 |  |  |  | 7 |  |  |  | — |  |  |  | 11 |  |  |  | — |  |  |  | 47 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Nonaccrual |  |  | 9 |  |  |  | 45 |  |  |  | 140 |  |  |  | 20 |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | 218 |
Total consumer loans and overdrafts |  | $ | 19,954 |  |  | $ | 14,512 |  |  | $ | 11,583 |  |  | $ | 2,324 |  |  | $ | 941 |  |  | $ | 628 |  |  | $ | 3,292 |  |  | $ | 53,234 |
Charge-offs |  | $ | (128 | ) |  | $ | (61 | ) |  | $ | (27 | ) |  | $ | (41 | ) |  | $ | (3 | ) |  | $ | (4 | ) |  | $ | — |  |  | $ | (264 | )
Recoveries |  |  | 41 |  |  |  | 2 |  |  |  | 12 |  |  |  | 8 |  |  |  | 3 |  |  |  | 9 |  |  |  | — |  |  |  | 75 |
Current period net |  | $ | (87 | ) |  | $ | (59 | ) |  | $ | (15 | ) |  | $ | (33 | ) |  | $ | — |  |  | $ | 5 |  |  | $ | — |  |  | $ | (189 | )
Agricultural: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,776 |  |  | $ | 1,978 |  |  | $ | 2,534 |  |  | $ | 774 |  |  | $ | 336 |  |  | $ | 223 |  |  | $ | 8,209 |  |  | $ | 16,830 |
Special mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 51 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 51 |
Substandard |  |  | — |  |  |  | — |  |  |  | 10 |  |  |  | — |  |  |  | 74 |  |  |  | — |  |  |  | — |  |  |  | 84 |
Nonaccrual |  |  | — |  |  |  | — |  |  |  | 30 |  |  |  | — |  |  |  | — |  |  |  | 2 |  |  |  | 7 |  |  |  | 39 |
Total agricultural loans |  | $ | 2,776 |  |  | $ | 1,978 |  |  | $ | 2,574 |  |  | $ | 825 |  |  | $ | 410 |  |  | $ | 225 |  |  | $ | 8,216 |  |  | $ | 17,004 |
Charge-offs |  | $ | — |  |  | $ | — |  |  | $ | (18 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (18 | )
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 20 |  |  |  | — |  |  |  | — |  |  |  | 20 |
Current period net |  | $ | — |  |  | $ | — |  |  | $ | (18 | ) |  | $ | — |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Total loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 615,790 |  |  | $ | 324,611 |  |  | $ | 228,884 |  |  | $ | 159,930 |  |  | $ | 170,488 |  |  | $ | 284,690 |  |  | $ | 119,141 |  |  | $ | 1,903,534 |
Special mention |  |  | 267 |  |  |  | 5,144 |  |  |  | 3,593 |  |  |  | 9,917 |  |  |  | 3,819 |  |  |  | 962 |  |  |  | 150 |  |  |  | 23,852 |
Substandard |  |  | 2,907 |  |  |  | 609 |  |  |  | 2,239 |  |  |  | 437 |  |  |  | 2,848 |  |  |  | 8,428 |  |  |  | — |  |  |  | 17,468 |
Nonaccrual |  |  | 9 |  |  |  | 1,245 |  |  |  | 960 |  |  |  | 4,579 |  |  |  | 4,962 |  |  |  | 2,018 |  |  |  | 7 |  |  |  | 13,780 |
Total loans |  | $ | 618,973 |  |  | $ | 331,609 |  |  | $ | 235,676 |  |  | $ | 174,863 |  |  | $ | 182,117 |  |  | $ | 296,098 |  |  | $ | 119,298 |  |  | $ | 1,958,634 |
Charge-offs |  | $ | (128 | ) |  | $ | (61 | ) |  | $ | (88 | ) |  | $ | (41 | ) |  | $ | (3 | ) |  | $ | (63 | ) |  | $ | — |  |  | $ | (384 | )
Recoveries |  |  | 41 |  |  |  | 2 |  |  |  | 55 |  |  |  | 8 |  |  |  | 23 |  |  |  | 26 |  |  |  | 36 |  |  |  | 191 |
Total current period net (charge-offs) recoveries |  | $ | (87 | ) |  | $ | (59 | ) |  | $ | (33 | ) |  | $ | (33 | ) |  | $ | 20 |  |  | $ | (37 | ) |  | $ | 36 |  |  | $ | (193 | )
The following table summarizes the credit exposure in the Company’s loan portfolio by class as of December 31, 2019:
December 31, 2019 |  | Commercial and industrial |  |  | Construction and development |  |  | Commercial real estate |  |  | Farmland |  |  | 1-4 family residential |  |  | Multi-family residential |  |  | Consumer and Overdrafts |  |  | Agricultural |  |  | Total |
Grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 279,217 |  |  | $ | 278,679 |  |  | $ | 548,662 |  |  | $ | 57,152 |  |  | $ | 409,896 |  |  | $ | 37,379 |  |  | $ | 53,327 |  |  | $ | 18,101 |  |  | $ | 1,682,413 |
Special mention |  |  | 153 |  |  |  | 600 |  |  |  | 1,071 |  |  |  | 91 |  |  |  | 1,425 |  |  |  | — |  |  |  | 192 |  |  |  | 126 |  |  |  | 3,658 |
Substandard |  |  | 213 |  |  |  | 1,219 |  |  |  | 17,627 |  |  |  | 233 |  |  |  | 845 |  |  |  | — |  |  |  | 55 |  |  |  | 132 |  |  |  | 20,324 |
Total |  | $ | 279,583 |  |  | $ | 280,498 |  |  | $ | 567,360 |  |  | $ | 57,476 |  |  | $ | 412,166 |  |  | $ | 37,379 |  |  | $ | 53,574 |  |  | $ | 18,359 |  |  | $ | 1,706,395 |
Schedule of Amortized Cost Basis of Collateral Dependent Loans | The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans, and their impact on ACL, as of September 30, 2020:
|  | Real Estate |  |  | Non-RE |  |  | Total |  |  | Allowance for Credit Losses Allocation |
Commercial and industrial |  | $ | 129 |  |  | $ | — |  |  | $ | 129 |  |  | $ | 37 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | 609 |  |  |  | — |  |  |  | 609 |  |  |  | 174 |
Commercial real estate |  |  | 9,987 |  |  |  | — |  |  |  | 9,987 |  |  |  | 1,990 |
Farmland |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
1-4 family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Multi-family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Agricultural |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Overdrafts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 10,725 |  |  | $ | — |  |  | $ | 10,725 |  |  | $ | 2,201 |
Summary of Payment Status of Loans | The following tables summarize the payment status of loans in the Company’s total loan portfolio, including an aging of delinquent loans and loans 90 days or more past due continuing to accrue interest as of:
September 30, 2020 |  | 30 to 59 Days Past Due |  |  | 60 to 89 Days Past Due |  |  | 90 Days and Greater Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | Recorded Investment > 90 Days and Accruing |
Commercial and industrial |  | $ | 78 |  |  | $ | 35 |  |  | $ | — |  |  | $ | 113 |  |  | $ | 531,039 |  |  | $ | 531,152 |  |  | $ | — |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | — |  |  |  | 164 |  |  |  | 350 |  |  |  | 514 |  |  |  | 268,587 |  |  |  | 269,101 |  |  |  | — |
Commercial real estate |  |  | 448 |  |  |  | 525 |  |  |  | 8,698 |  |  |  | 9,671 |  |  |  | 592,993 |  |  |  | 602,664 |  |  |  | — |
Farmland |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | 80,194 |  |  |  | 80,197 |  |  |  | — |
1-4 family residential |  |  | 1,481 |  |  |  | 88 |  |  |  | 177 |  |  |  | 1,746 |  |  |  | 384,037 |  |  |  | 385,783 |  |  |  | — |
Multi-family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 19,499 |  |  |  | 19,499 |  |  |  | — |
Consumer |  |  | 274 |  |  |  | 93 |  |  |  | 23 |  |  |  | 390 |  |  |  | 52,465 |  |  |  | 52,855 |  |  |  | — |
Agricultural |  |  | 95 |  |  |  | 18 |  |  |  | — |  |  |  | 113 |  |  |  | 16,891 |  |  |  | 17,004 |  |  |  | — |
Overdrafts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 379 |  |  |  | 379 |  |  |  | — |
Total |  | $ | 2,379 |  |  | $ | 923 |  |  | $ | 9,248 |  |  | $ | 12,550 |  |  | $ | 1,946,084 |  |  | $ | 1,958,634 |  |  | $ | — |
December 31, 2019 |  | 30 to 59 Days Past Due |  |  | 60 to 89 Days Past Due |  |  | 90 Days and Greater Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | Recorded Investment > 90 Days and Accruing |
Commercial and industrial |  | $ | 321 |  |  | $ | 53 |  |  | $ | 15 |  |  | $ | 389 |  |  | $ | 279,194 |  |  | $ | 279,583 |  |  | $ | — |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | 161 |  |  |  | — |  |  |  | — |  |  |  | 161 |  |  |  | 280,337 |  |  |  | 280,498 |  |  |  | — |
Commercial real estate |  |  | 1,181 |  |  |  | 49 |  |  |  | 882 |  |  |  | 2,112 |  |  |  | 565,248 |  |  |  | 567,360 |  |  |  | — |
Farmland |  |  | 103 |  |  |  | — |  |  |  | — |  |  |  | 103 |  |  |  | 57,373 |  |  |  | 57,476 |  |  |  | — |
1-4 family residential |  |  | 2,514 |  |  |  | 1,433 |  |  |  | 845 |  |  |  | 4,792 |  |  |  | 407,374 |  |  |  | 412,166 |  |  |  | — |
Multi-family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 37,379 |  |  |  | 37,379 |  |  |  | — |
Consumer |  |  | 373 |  |  |  | 152 |  |  |  | 96 |  |  |  | 621 |  |  |  | 52,624 |  |  |  | 53,245 |  |  |  | — |
Agricultural |  |  | 51 |  |  |  | 67 |  |  |  | — |  |  |  | 118 |  |  |  | 18,241 |  |  |  | 18,359 |  |  |  | — |
Overdrafts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 329 |  |  |  | 329 |  |  |  | — |
Total |  | $ | 4,704 |  |  | $ | 1,754 |  |  | $ | 1,838 |  |  | $ | 8,296 |  |  | $ | 1,698,099 |  |  | $ | 1,706,395 |  |  | $ | — |
Summary of Troubled Debt Restructuring | The outstanding balances of TDRs are shown below:
|  | September 30, 2020 |  |  | December 31, 2019 |
Nonaccrual TDRs |  | $ | 92 |  |  | $ | 101 |
Performing TDRs |  |  | 7,891 |  |  |  | 7,240 |
Total |  | $ | 7,983 |  |  | $ | 7,341 |
Specific reserves on TDRs |  | $ | — |  |  | $ | 164 |
There was one loan modified as a TDR that occurred during the nine months ended September 30, 2020. The following table presents the loan by class, modified as a TDR that occurred during the nine months ended September 30, 2020:
Nine Months Ended September 30, 2020 |  | Number of Contracts |  |  | Pre-Modification Outstanding Recorded Investment |  |  | Post-Modification Outstanding Recorded Investment |
Troubled Debt Restructurings: |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | 1 |  |  | $ | 680 |  |  | $ | 680 |
Total |  |  | 1 |  |  | $ | 680 |  |  | $ | 680 |
The following table presents loans by class, modified as TDRs that occurred during the year ended December 31, 2019:
Year Ended December 31, 2019 |  | Number of Contracts |  |  | Pre-Modification Outstanding Recorded Investment |  |  | Post-Modification Outstanding Recorded Investment |
Troubled Debt Restructurings: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  |  | 4 |  |  | $ | 1,680 |  |  | $ | 1,515 |
Total |  |  | 4 |  |  | $ | 1,680 |  |  | $ | 1,515 |
The following table presents loans by class, modified as TDRs that occurred during the nine months ended September 30, 2019:
Nine Months Ended September 30, 2019 |  | Number of Contracts |  |  | Pre-Modification Outstanding Recorded Investment |  |  | Post-Modification Outstanding Recorded Investment |
Troubled Debt Restructurings: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  |  | 4 |  |  | $ | 1,680 |  |  | $ | 1,515 |
Total |  |  | 4 |  |  | $ | 1,680 |  |  | $ | 1,515 |
Summary of Loans Individually and Collectively Evaluated for Impairment and Respective Allowance for Loan Losses | The following table presents loans individually and collectively evaluated for impairment, and the respective allowance for loan losses as of December 31, 2019, as determined in accordance with ASC 310 prior to the adoption of ASC 326. A loan was considered impaired when, based on current information and events, it was probable that the Company would be unable to collect all amounts due from the borrower in accordance with original contractual terms of the loan. Loans with insignificant delays or insignificant short falls in the amount payments expected to be collected were not considered to be impaired. Loans defined as individually impaired included larger balance non-performing loans and TDRs.
December 31, 2019 |  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  | $ | 289 |  |  | $ | 289 |  |  | $ | — |  |  | $ | 312 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | 1,212 |  |  |  | 1,212 |  |  |  | — |  |  |  | 1,259 |
Commercial real estate |  |  | 4,612 |  |  |  | 4,612 |  |  |  | — |  |  |  | 4,244 |
Farmland |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
1-4 family residential |  |  | 2,498 |  |  |  | 2,498 |  |  |  | — |  |  |  | 1,798 |
Multi-family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Agricultural |  |  | 62 |  |  |  | 62 |  |  |  | — |  |  |  | 190 |
Subtotal |  |  | 8,673 |  |  |  | 8,673 |  |  |  | — |  |  |  | 7,803 |
With allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 61 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and development |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial real estate |  |  | 12,871 |  |  |  | 12,871 |  |  |  | 1,587 |  |  |  | 9,111 |
Farmland |  |  | 133 |  |  |  | 133 |  |  |  | 62 |  |  |  | 135 |
1-4 family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 78 |
Multi-family residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Agricultural |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Subtotal |  |  | 13,004 |  |  |  | 13,004 |  |  |  | 1,649 |  |  |  | 9,385 |
Total |  | $ | 21,677 |  |  | $ | 21,677 |  |  | $ | 1,649 |  |  | $ | 17,188 |

X
- Definition Schedule of amortized cost basis of collateral dependent loans. + References No definition available. + Details
Name: | gnty_ScheduleOfAmortizedCostBasisOfCollateralDependentLoansTableTextBlock
Namespace Prefix: | gnty_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration