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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Veritex Holdings, Inc.
Entity Central Index Key	0001501570
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		10,678,855
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 11,699	$ 9,223
Interest bearing deposits in other banks	51,570	84,028
Total cash and cash equivalents	63,269	93,251
Investment securities	59,299	45,127
Loans held for sale	2,127	8,858
Loans, net of allowance for loan losses of $6,193 and $5,981, respectively	638,696	597,278
Accrued interest receivable	1,557	1,542
Bank-owned life insurance	18,115	17,822
Bank premises, furniture and equipment, net	12,107	11,150
Non-marketable equity securities	3,970	4,139
Investment in unconsolidated subsidiary	93	93
Other real estate owned	548	105
Intangible assets	1,110	1,261
Goodwill	19,148	19,148
Other assets	7,101	2,512
Total assets	827,140	802,286
Deposits:
Noninterest-bearing	240,919	251,124
Interest-bearing	432,187	387,619
Total deposits	673,106	638,743
Accounts payable and accrued expenses	1,202	1,582
Accrued interest payable and other liabilities	672	575
Advances from Federal Home Loan Bank	27,000	40,000
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,982	4,981
Total liabilities	710,055	688,974
Commitments and contingencies (Note 6)
Stockholders' equity:
Preferred stock, $0.01 par value; 10,000,000 shares authorized at June 30, 2015 and December 31, 2014; 8,000 shares Series C, issued and outstanding with a $1,000 liquidation value	8,000	8,000
Common stock, $0.01 par value; 75,000,000 shares authorized at June 30, 2015 and December 31, 2014; 9,493,788 and 9,470,832 shares issued and outstanding at June 30, 2015 and December 31, 2014, (excluding 10,000 shares held in treasury)	95	95
Additional paid-in capital	97,761	97,469
Retained earnings	11,687	8,047
Unallocated Employee Stock Ownership Plan shares; 36,935 shares at June 30, 2015	(406)	(401)
Accumulated other comprehensive income	18	172
Treasury stock, 10,000 shares at cost	(70)	(70)
Total stockholders' equity	117,085	113,312
Total liabilities and stockholders' equity	$ 827,140	$ 802,286

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Consolidated Balance Sheets
Allowance for loan losses	$ 6,193	$ 5,981
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Series C preferred stock, shares issued	8,000	8,000
Series C preferred stock, shares outstanding	8,000	8,000
Series C preferred stock, liquidation value (in dollars per share)	$ 1,000	$ 1,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	9,493,788	9,470,832
Common stock, shares outstanding	9,493,788	9,470,832
Unallocated Employee Stock Ownership Plan shares, shares	36,935	36,935
Treasury stock, shares	10,000	10,000

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income:
Interest and fees on loans	$ 7,454	$ 6,566	$ 14,802	$ 12,718
Interest on investment securities	252	206	464	422
Interest on deposits in other banks	55	41	109	77
Interest on other			1	1
Total interest income	7,761	6,813	15,376	13,218
Interest expense:
Interest on deposit accounts	666	570	1,297	1,161
Interest on borrowings	123	123	249	251
Total interest expense	789	693	1,546	1,412
Net interest income	6,972	6,120	13,830	11,806
Provision for loan losses	148	425	258	677
Net interest income after provision for loan losses	6,824	5,695	13,572	11,129
Noninterest income:
Service charges on deposit accounts	216	190	401	396
Gain on sales of investment securities			7	34
Gain on sales of loans held for sale	129	168	431	245
(Loss) gain on sales of other real estate owned, net		24	(2)	37
Bank-owned life insurance	180	103	358	212
Other	163	155	259	287
Total noninterest income	688	640	1,454	1,211
Noninterest expense:
Salaries and employee benefits	2,588	2,196	5,246	4,838
Occupancy of bank premises	474	474	1,000	920
Depreciation and amortization	320	334	645	667
Data processing	222	210	442	426
FDIC assessment fees	96	109	196	217
Legal fees	85	26	286	59
Other professional fees	233	411	470	543
Advertising and promotions	47	37	120	93
Utilities and telephone	74	72	148	141
Other real estate owned expenses and writedowns	22	108	34	134
Other	569	483	1,226	956
Total noninterest expense	4,730	4,460	9,813	8,994
Net income from operations	2,782	1,875	5,213	3,346
Income tax expense	926	677	1,533	1,190
Net income	1,856	1,198	3,680	2,156
Preferred stock dividends	20	20	40	40
Net income available to common stockholders	$ 1,836	$ 1,178	$ 3,640	$ 2,116
Basic earnings per share (in dollars per share)	$ 0.19	$ 0.19	$ 0.39	$ 0.34
Diluted earnings per share (in dollars per share)	$ 0.19	$ 0.18	$ 0.38	$ 0.33

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Comprehensive Income
Net income	$ 1,856	$ 1,198	$ 3,680	$ 2,156
Other comprehensive (loss) income:
Unrealized (losses) gains on securities available for sale arising during the period, net	(242)	300	(226)	289
Reclassification adjustment for net gains included in net income			7	34
Other comprehensive (losses) gains before tax	(242)	300	(233)	255
Income tax (benefit) expense	(82)	102	(79)	87
Other comprehensive (losses) gains, net of tax	(160)	198	(154)	168
Comprehensive income	$ 1,696	$ 1,396	$ 3,526	$ 2,324

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Preferred Stock.	Common stock Private offering	Common stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unallocated Employee Stock Ownership Plan Shares	Treasury Stock	Total
Balance at Dec. 31, 2013	$ 8,000		$ 58	$ 55,303	$ 2,922	$ 26		$ (70)	$ 66,239
Balance (in shares) at Dec. 31, 2013			5,804,703
Increase (Decrease) in Stockholders' Equity
Sale of common stock in private offering, net offering cost of $61			$ 6	5,432					5,438
Sale of common stock in private offering, net offering cost of $61 (in shares)			508,047
Restricted stock units vested, net 6,191 shares withheld to cover tax witholdings, shares		6,191
Preferred stock dividend Series C					(40)				(40)
Sale and finance of stock to ESOP				500			$ (500)		500
Sale and finace of stock to ESOP (in shares)			46,082
ESOP shares allocated				19			99		118
Stock based compensation				165					165
Net income					2,156				2,156
Other comprehensive income						168			168
Balance at Jun. 30, 2014	8,000		$ 64	61,419	5,038	194	(401)	(70)	74,244
Balance (in shares) at Jun. 30, 2014			6,358,832
Balance at Dec. 31, 2014	8,000		$ 95	97,469	8,047	172	(401)	(70)	$ 113,312
Balance (in shares) at Dec. 31, 2014			9,470,832						9,470,832
Increase (Decrease) in Stockholders' Equity
Restricted stock units vested, net 6,191 shares withheld to cover tax witholdings				(96)					$ (96)
Restricted stock units vested, net 6,191 shares withheld to cover tax witholdings, shares			13,809
Preferred stock dividend Series C					(40)				(40)
Issuance of stock to ESOP				115			(5)		110
Issuance of stock to ESOP (in shares)			9,147
Stock based compensation				273					273
Net income					3,680				3,680
Other comprehensive income						(154)			(154)
Balance at Jun. 30, 2015	$ 8,000		$ 95	$ 97,761	$ 11,687	$ 18	$ (406)	$ (70)	$ 117,085
Balance (in shares) at Jun. 30, 2015			9,493,788						9,493,788

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014
Private offering
Offering costs	$ 61	$ 61	$ 61
Common stock
Shares withheld to cover tax witholdings		13,809
Common stock \| Private offering
Shares withheld to cover tax witholdings			6,191

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 3,680	$ 2,156
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	647	667
Provision for loan losses	258	677
Accretion of loan purchase discount	(59)	(234)
Stock based compensation expense	273	165
Amortization of other intangible assets	2	7
Net amortization of premiums on investment securities	207	217
Change in cash surrender value of bank-owned life insurance	(293)	(172)
Net gain on sales of investment securities	(7)	(34)
Gain on sales of loans held for sale	(431)	(245)
Amortization of subordinated note discount	1	1
Net gain on sales of other real estate owned	2	(37)
Net originations of loans held for sale	(19,419)	(18,779)
Proceeds from sales of loans held for sale	26,581	14,733
(Increase) decrease in accrued interest receivable and other assets	(4,700)	1,283
(Decrease) increase in accounts payable, accrued expenses, accrued interest payable and other liabilities	(94)	83
Net cash provided by operating activities	6,648	488
Cash flows from investing activities:
Purchases of securities available for sale	(23,920)	(10,983)
Sales of securities available for sale	3,778	981
Proceeds from maturities, calls and pay downs of investment securities	5,537	5,130
Purchases of non-marketable equity securities, net	169	(245)
Net loans originated	(42,110)	(46,798)
Net additions to bank premises and equipment	(1,455)	(1,871)
Proceeds from sales of other real estate owned	48	450
Net cash used in investing activities	(57,953)	(53,336)
Cash flows from financing activities:
Net change in deposits	34,363	37,236
Net increase in advances from Federal Home Loan Bank	(13,000)
Dividends paid on preferred stock	(40)	(40)
Proceeds from payments on ESOP Loan		118
Proceeds from issuance of common stock, net offering cost of $61 for the year ended December 31, 2014		5,438
Net cash provided by financing activities	21,323	42,752
Net increase (decrease) in cash and cash equivalents	(29,982)	(10,096)
Cash and cash equivalents at beginning of year	93,251	76,646
Cash and cash equivalents at end of period	63,269	66,550
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	1,566	1,346
Cash paid for income taxes	2,100	1,230
Supplemental Disclosures of Non Cash Flow Information:
Sale and finance of stock to ESOP		500
Issuance of stock to ESOP	110
Net issuance of common stock for vesting of restricted stock units to cover withholding	96
Net foreclosure of other real estate owned	$ 493	$ 1,110

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014
Private offering
Offering costs	$ 61	$ 61	$ 61

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2015

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

Nature of Organization

Veritex Holdings, Inc. (Veritex or the Company), a Texas corporation and bank holding company, was incorporated in July 2009 and was formed for the purpose of acquiring one or more financial institutions located in Dallas, Texas and surrounding areas.

Veritex through its wholly-owned subsidiary, Veritex Community Bank (Bank), is a Texas state bank, with corporate offices in Dallas, Texas, and currently operates eight branches and one mortgage office located throughout the greater Dallas, Texas metropolitan area. The Bank provides a full range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. The Texas Department of Banking and the Federal Reserve are the primary regulators of the Company, which undergoes periodic examinations by those regulatory authorities.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Veritex and its wholly-owned subsidiary, the Bank. All material intercompany transactions have been eliminated in consolidation.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (U.S. GAAP), but do not include all of the information and footnotes required for complete financial statements. In management’s opinion, these interim unaudited condensed consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair statement of the Company’s consolidated financial position at June 30, 2015 and December 31, 2014, consolidated results of operations for the three and six months ended June 30, 2015 and 2014, consolidated stockholders’ equity for the six months ended June 30, 2015 and 2014 and consolidated cash flows for the six months ended June 30, 2015 and 2014.

Accounting measurements at interim dates inherently involve greater reliance on estimates than at year end and the results for the interim periods shown in this report are not necessarily indicative of results to be expected for the full year due in part to global economic and financial market conditions, interest rates, access to sources of liquidity, market competition and interruptions of business processes. These interim unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2014 included within the Company’s Form 10-K as filed with the Securities and Exchange Commission on March 27, 2015.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Initial Public Offering (IPO):

The Company qualifies as an “emerging growth company” as defined by the Jumpstart Our Business Startups Act (JOBS Act). In Q2 2014, the Board of Directors of the Company approved a resolution for Veritex to sell shares of common stock to the public in an initial public offering. On July 22, 2014, the Company submitted a confidential draft Registration Statement on Form S-1 with the SEC with respect to the shares to be registered and sold. On August 29, 2014, the Company filed a Registration Statement on Form S-1 with the SEC. That Registration Statement was declared effective by the SEC on October 8, 2014. The Company sold and issued 3,105,000 shares of common stock at $13.00 per share in reliance on that Registration Statement. Total proceeds received by the Company, net of offering costs were approximately $36.0 million.

In connection with the initial public offering, on September 22, 2014, the Company amended its certificate of formation to authorize the issuance of up to 75,000,000 shares of common stock, par value $0.01 per share, and 10,000,000 shares of preferred stock, par value $1.00 per share, of which 8,000 shares are designated as Series C preferred stock. The authorized but unissued shares of capital stock are available for future issuance without shareholder approval, unless otherwise required by applicable law or the rules of any applicable securities exchange.

Merger

On March 9, 2015, The Company entered into a definitive merger agreement with IBT Bancorp, Inc. (“IBT”), the parent holding company of Independent Bank of Texas (“Independent Bank”), headquartered in Irving, Texas. Independent Bank operates two banking locations in the Dallas metropolitan area. At June 30, 2015, IBT had total assets of approximately $113.7 million, total loans of approximately $89.7 million and total deposits of approximately $98.3 million. The transaction closed on July 1, 2015 (Refer to Note 15-Subsequent Events).

Earnings Per Share

Earnings per share (EPS) are based upon the weighted‑average shares outstanding. The table below sets forth the reconciliation between weighted average shares used for calculating basic and diluted EPS for the three and six months ended June 30, 2015 and 2014:


	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015			2014
Earnings (numerator)
Net income for common stockholders	$	1,856	$	1,198	$	3,680	$	2,156
Less: preferred stock dividends		20		20		40		40
Net income allocated to common stockholders	$	1,836	$	1,178	$	3,640	$	2,116
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)		9,448		6,321		9,448		6,231
Dilutive effect of employee stock-based awards		261		131		256		128
Adjusted weighted average shares outstanding		9,709		6,452		9,704		6,359
Earnings per share:
Basic	$	0.19	$	0.19	$	0.39	$	0.34
Diluted	$	0.19	$	0.18	$	0.38	$	0.33

For the six months ended June 30, 2015, the Company excluded from diluted EPS weighted average shares of stock options representing the right to purchase 44,080 shares of the Company’s common stock as the inclusion of these shares would have been anti-dilutive. For the six months ended June 30, 2014, the Company excluded from diluted EPS weighted average shares of performance stock options representing the right to purchase 459,000 shares of the Company’s common stock, respectively, because the issuance of shares related to these options is contingent upon the satisfaction of certain conditions unrelated to earnings or market value and these conditions were not expected to be met.

For the three months ended June 30, 2015, there were no exclusions from the diluted EPS weighted average shares. For the three months ended June 30, 2014, the Company excluded from diluted EPS weighted average shares of performance stock options representing the right to purchase 466,000 shares of the Company’s common stock, because the issuance of shares related to these options is contingent upon the satisfaction of certain conditions unrelated to earnings or market value and these conditions were not expected to be met.

Common Stock and Preferred Stock	6 Months Ended
Common Stock and Preferred Stock	Jun. 30, 2015
Common Stock and Preferred Stock
Common Stock and Preferred Stock	2. Common Stock and Preferred Stock During January 2014, the Company engaged in a private offering of up to 500,000 shares of its common stock, par value $0.01 per share, at a price of $10.85 per share. As of June 30, 2014, the offering was completed and closed. The Company issued 490,773 shares in the offering generating total proceeds of approximately $5,325 and had offering costs of approximately $61. In addition, during January 2014, the Company issued 17,274 shares of common stock to an existing principal shareholder at $10 per share generating total proceeds of approximately $173.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Investment Securities

6 Months Ended

Jun. 30, 2015

Investment Securities

Investment Securities

3. Investment Securities

Debt and equity securities have been classified in the condensed consolidated balance sheets according to management’s intent. The carrying amount of securities and their approximate fair values are as follows:


	June 30, 2015
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	1,876	$	—	$	22	$	1,854
Municipal securities		6,195		15		97		6,113
Mortgage-backed securities		39,738		223		158		39,803
Collateralized mortgage obligations		10,446		93		40		10,499
Asset-backed securities		1,016		14		—		1,030
	$	59,271	$	345	$	317	$	59,299


	December 31, 2014
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	1,928	$	—	$	47	$	1,881
Corporate bonds		500		—		—		500
Municipal securities		965		22		—		987
Mortgage-backed securities		28,588		256		73		28,771
Collateralized mortgage obligations		11,752		124		37		11,839
Asset-backed securities		1,134		15		—		1,149
	$	44,867	$	417	$	157	$	45,127

The following tables disclose the Company’s investment securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months:


	June 30, 2015
	Less Than 12 Months				12 Months or More				Totals
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loss
Available for Sale
U.S. government agencies	$	499	$	1	$	1,355	$	21	$	1,854	$	22
Municipal securities		5,119		97		—		—		5,119		97
Mortgage-backed securities		21,763		142		2,772		16		24,535		158
Collateralized mortgage obligations		3,833		17		1,399		23		5,232		40
	$	31,214	$	257	$	5,526	$	60	$	36,740	$	317


	December 31, 2014
	Less Than 12 Months				12 Months or More				Totals
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loss
Available for Sale
U.S. government agencies	$	—	$	—	$	1,881	$	47	$	1,881	$	47
Mortgage-backed securities		10,148		39		3,572		34		13,720		73
Collateralized mortgage obligations		1,580		7		2,442		30		4,022		37
	$	11,728	$	46	$	7,895	$	111	$	19,623	$	157

The number of investment positions in an unrealized loss position totaled 31 at June 30, 2015. The Company does not believe these unrealized losses are “other than temporary” as (i) the Company does not have the intent to sell investment securities prior to recovery and (ii) it is more likely than not that the Company will not have to sell these securities prior to recovery. The unrealized losses noted are interest rate related due to the level of interest rates at June 30, 2015. The Company has reviewed the ratings of the issuers and has not identified any issues related to the ultimate repayment of principal as a result of credit concerns on these securities.

The amortized costs and estimated fair values of securities available for sale, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayments penalties. Mortgage-backed securities, collateralized mortgage obligations, and asset‑backed securities typically are issued with stated principal amounts, and the securities are backed by pools of mortgage loans and other loans that have varying maturities. The term of mortgage‑backed, collateralized mortgage obligations and asset‑backed securities thus approximates the term of the underlying mortgages and loans and can vary significantly due to prepayments. Therefore, these securities are not included in the maturity categories below.


	June 30, 2015
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	980	$	995
Due from one year to five years		1,430		1,419
Due from five years to ten years		1,331		1,315
Due after ten years		4,330		4,238
		8,071		7,967
Mortgage-backed securities		39,738		39,803
Collateralized mortgage obligations		10,446		10,499
Asset-backed securities		1,016		1,030
	$	59,271	$	59,299


	December 31, 2014
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	500	$	500
Due from one year to five years		1,930		1,932
Due from five years to ten years		963		936
Due after ten years		—		—
		3,393		3,368
Mortgage-backed securities		28,588		28,771
Collateralized mortgage obligations		11,752		11,839
Asset-backed securities		1,134		1,149
	$	44,867	$	45,127

Proceeds from sales of investment securities available for sale and gross gains and losses for the six months ended June 30, 2015 and 2014 were as follows:


	Six Months Ended June 30,		Six Months Ended June 30,
	2015		2014
Proceeds from sales	$	3,778	$	981
Gross realized gains		7		34
Gross realized losses		—		—

There was a blanket floating lien on all securities to secure Federal Home Loan Bank advances as of June 30, 2015 and December 31, 2014.

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References + Details

Loans and Allowance for Loan Losses

6 Months Ended

Jun. 30, 2015

Loans and Allowance for Loan Losses

Loans and Allowance for Loan Losses

4. Loans and Allowance for Loan Losses

Loans in the accompanying consolidated balance sheets are summarized as follows:


	June 30,		December 31,
	2015		2014
Real estate:
Construction and land	$	84,612	$	69,966
Farmland		11,796		10,528
1 - 4 family residential		121,734		105,788
Multi-family residential		8,206		9,964
Nonfarm nonresidential		213,435		195,839
Commercial		201,712		207,101
Consumer		3,443		4,124
		644,938		603,310
Deferred loan fees		(49)		(51)
Allowance for loan losses		(6,193)		(5,981)
	$	638,696	$	597,278

Included in the net loan portfolio as of June 30, 2015 and December 31, 2014 is an accretable discount related to loans acquired within a business combination in the approximate amounts of $126 and $185, respectively. The discount is being accreted into income using the interest method over the life of the loans.

The majority of the loan portfolio is comprised of loans to businesses and individuals in the Dallas metropolitan area. This geographic concentration subjects the loan portfolio to the general economic conditions within this area. The risks created by this concentration have been considered by management in the determination of the adequacy of the allowance for loan losses. Management believes the allowance for loan losses was adequate to cover estimated losses on loans as of June 30, 2015 and December 31, 2014.

Non‑Accrual and Past Due Loans

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non‑accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non‑accrual status regardless of whether or not such loans are considered past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

Non‑accrual loans, excluding purchased credit impaired loans, aggregated by class of loans are as follows:


	June 30,		December 31,
	2015		2014
Real estate:
Construction and land		—	$	—
Farmland		—		—
1 - 4 family residential		—		—
Multi-family residential		—		—
Nonfarm nonresidential		—		375
Commercial		288		34
Consumer		24		27
	$	312	$	436

During the six months ended June 30, 2015 and 2014, interest income not recognized on non‑accrual loans was minimal.

An age analysis of past due loans, aggregated by class of loans, as of June 30, 2015 and December 31, 2014 is as follows:


	June 30, 2015
													Total 90 Days
													Past Due
	30 to 59		60 to 89		90 Days		Total		Total		Total		and Still
	Days		Days		or Greater		Past Due		Current		Loans		Accruing
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	84,612	$	84,612	$	—
Farmland		—		—		—		—		11,796		11,796		—
1 - 4 family residential		493		—		—		493		121,241		121,734		—
Multi-family residential		—		—		—		—		8,206		8,206		—
Nonfarm nonresidential		—		—		—		—		213,435		213,435		—
Commercial		119		262		—		381		201,331		201,712		—
Consumer		4		—		—		4		3,439		3,443		—
	$	616	$	262	$	—	$	878	$	644,060	$	644,938	$	—


	December 31, 2014
													Total 90 Days
													Past Due
	30 to 59		60 to 89		90 Days		Total		Total		Total		and Still
	Days		Days		or Greater		Past Due		Current		Loans		Accruing
Real estate:
Construction and land	$	12	$	—	$	541	$	553	$	69,413	$	69,966	$	—
Farmland		—		—		—		—		10,528		10,528		—
1 - 4 family residential		512		—		—		512		105,276		105,788		—
Multi-family residential		—		—		—		—		9,964		9,964		—
Nonfarm nonresidential		—		375		—		375		195,464		195,839		—
Commercial		6		34		—		40		207,061		207,101		—
Consumer		26		—		—		26		4,098		4,124		—
	$	556	$	409	$	541	$	1,506	$	601,804	$	603,310	$	—

Impaired Loans

Impaired loans are those loans where it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. All troubled debt restructurings (“TDRs”) are considered impaired loans. Impaired loans are measured based on either the present value of expected future cash flows discounted at the loan’s effective interest rate; the loan’s observable market price; or the fair value of the collateral if the loan is collateral dependent. Substantially all of the Company’s impaired loans are measured at the fair value of the collateral. Impaired loans, or portions thereof, are charged off when deemed uncollectible.

Impaired loans, including purchased credit impaired loans and troubled debt restructurings, at June 30, 2015 and December 31, 2014 are summarized in the following tables.


	June 30, 2015
	Unpaid		Recorded		Recorded						Average
	Contractual		Investment		Investment		Total				Recorded
	Principal		with No		With		Recorded		Related		Investment
	Balance		Allowance		Allowance		Investment		Allowance		YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	21
Farmland		—		—		—		—		—		—
1 - 4 family residential		167		167		—		167		—		168
Multi-family residential		—		—		—		—		—		—
Nonfarm nonresidential		1,100		1,100		—		1,100		—		1,104
Commercial		472		183		289		472		109		366
Consumer		26		5		21		26		10		28
Total	$	1,765	$	1,455	$	310	$	1,765	$	119	$	1,687


	December 31, 2014
	Unpaid		Recorded		Recorded						Average
	Contractual		Investment		Investment		Total				Recorded
	Principal		with No		With		Recorded		Related		Investment
	Balance		Allowance		Allowance		Investment		Allowance		YTD
Real estate:
Construction and land	$	819	$	—	$	541	$	541	$	44	$	611
Farmland		—		—		—		—		—		—
1 - 4 family residential		168		168		—		168		—		205
Multi-family residential		—		—		—		—		—		—
Nonfarm nonresidential		1,086		1,086		—		1,086		—		980
Commercial		223		183		40		223		30		361
Consumer		38		8		30		38		13		44
Total	$	2,334	$	1,445	$	611	$	2,056	$	87	$	2,201

Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis.

During the six months ended June 30, 2015 and 2014, total interest income and cash‑based interest income recognized on impaired loans was minimal.

Troubled Debt Restructuring

Modifications of terms for the Company’s loans and their inclusion as troubled debt restructurings are based on individual facts and circumstances. Loan modifications that are included as troubled debt restructurings may involve a reduction of the stated interest rate of the loan, an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk, or deferral of principal payments, regardless of the period of the modification. The recorded investment in troubled debt restructurings was $1,762 and $1,677 as of June 30, 2015 and December 31, 2014.

During the six months ended June 30, 2015 and 2014, the terms of certain loans were modified as troubled debt restructurings as follows:


				During the six months ended June 30, 2015
				Post-Modification Outstanding Recorded Investment
										Extended
		Pre-						Extended		Maturity,
		Modification						Maturity		Restructured
		Outstanding		Adjusted				and		Payments and
	Number	Recorded		Interest		Extended		Restructured		Adjusted
	of Loans	Investment		Rate		Maturity		Payments		Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	—		—		—		—		—		—
Multi-family residential	—		—		—		—		—		—
Nonfarm nonresidential	1		399		—		—		—		395
Commercial	1		268		—		—		261		—
Consumer	—		—		—		—		—		—
Total	2	$	667	$	—	$	—	$	261	$	395


				During the six months ended June 30, 2014
				Post-Modification Outstanding Recorded Investment
										Extended
		Pre-						Extended		Maturity,
		Modification						Maturity		Restructured
		Outstanding		Adjusted				and		Payments and
	Number	Recorded		Interest		Extended		Restructured		Adjusted
	of Loans	Investment		Rate		Maturity		Payments		Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	—		—		—		—		—		—
Multi-family residential	—		—		—		—		—		—
Nonfarm nonresidential	—		—		—		—		—		—
Commercial	—		—		—		—		—		—
Consumer	2		17		—		11		6		—
Total	2	$	17	$	—	$	11	$	6	$	—

Of the two loans restructured during the six months ended June 30, 2015 both loans were performing as agreed to the modified terms. Of the two loans restructured during the six months ended June 30, 2014, both loans were performing as agreed to the modified terms. No specific allowance for loan losses is recorded for loans that were modified as of June 30, 2015 and 2014.

There were no loans modified as a troubled debt restructured loan within the previous 12 months and for which there was a payment default during the six months ended June 30, 2015. There was one loan modified as a troubled debt restructured loan within the previous 12 months and for which there was a payment default during the six months ended June 30, 2014. The loan was secured by real estate and the collateral property was foreclosed upon subsequent to the default. No amounts were recorded against the allowance for loan losses related to the foreclosure. A default for purposes of this disclosure is a troubled debt restructured loan in which the borrower is 90 days past due or results in the foreclosure and repossession of the applicable collateral.

Interest income recorded during the three months ended June 30, 2015 and 2014 on the restructured loans and interest income that would have been recorded had the terms of the loan not been modified was minimal.

The Company has not committed to lend additional amounts to customers with outstanding loans that were classified as TDRs as of June 30, 2015 or 2014.

Credit Quality Indicators

From a credit risk standpoint, the Company classifies its loans in the following categories: (i) pass, (ii) special mention, (iii) substandard or (iv) doubtful. Loans classified as loss are charged‑off.

The classifications of loans reflect a judgment about the risks of default and loss associated with the loan. The Company reviews the ratings on criticized credits monthly. Ratings are adjusted to reflect the degree of risk and loss that is felt to be inherent in each credit as of each monthly reporting period. All classified credits are evaluated for impairment. If impairment is determined to exist, a specific reserve is established. The Company’s methodology is structured so that specific reserves are increased in accordance with deterioration in credit quality (and a corresponding increase in risk and loss) or decreased in accordance with improvement in credit quality (and a corresponding decrease in risk and loss).

Credits rated special mention show clear signs of financial weaknesses or deterioration in credit worthiness, however, such concerns are not so pronounced that the Company generally expects to experience significant loss within the short‑term. Such credits typically maintain the ability to perform within standard credit terms and credit exposure is not as prominent as credits rated more harshly.

Credits rated substandard are those in which the normal repayment of principal and interest may be, or has been, jeopardized by reason of adverse trends or developments of a financial, managerial, economic or political nature, or important weaknesses which exist in collateral. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed.

Credits rated doubtful are those in which full collection of principal appears highly questionable, and which some degree of loss is anticipated, even though the ultimate amount of loss may not yet be certain and/or other factors exist which could affect collection of debt. Based upon available information, positive action by the Company is required to avert or minimize loss. Credits rated doubtful are generally also placed on non‑accrual.

As of June 30, 2015 and December 31, 2014, the following summarizes the Company’s internal ratings of its loans, including purchased credit impaired loans:


	June 30, 2015
			Special
	Pass		Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	84,534	$	—	$	78	$	—	$	84,612
Farmland		11,796		—		—		—		11,796
1 - 4 family residential		121,564		—		170		—		121,734
Multi-family residential		8,206		—		—		—		8,206
Nonfarm nonresidential		212,943		395		97		—		213,435
Commercial		200,069		1,063		580		—		201,712
Consumer		3,417		—		26		—		3,443
Total	$	642,529	$	1,458	$	951	$	—	$	644,938


	December 31, 2014
			Special
	Pass		Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	69,425	$	—	$	541	$	—	$	69,966
Farmland		10,528		—		—		—		10,528
1 - 4 family residential		105,786		—		2		—		105,788
Multi-family residential		9,964		—		—		—		9,964
Nonfarm nonresidential		195,464		—		375		—		195,839
Commercial		205,681		672		748		—		207,101
Consumer		3,925		—		199		—		4,124
Total	$	600,773	$	672	$	1,865	$	—	$	603,310

An analysis of the allowance for loan losses for the six months ended June 30, 2015 and 2014 and year ended December 31, 2014 is as follows:


	For the		For the		For the
	Six Months Ended		Year Ended		Six Months Ended
	June 30, 2015		December 31, 2014		June 30, 2014
Balance at beginning of year	$	5,981	$	5,018	$	5,018
Provision charged to earnings		258		1,423		677
Charge-offs		(102)		(510)		(204)
Recoveries		56		50		25
Net charge-offs		(46)		(460)		(179)
Balance at end of year	$	6,193	$	5,981	$	5,516

The allowance for loan losses as a percentage of total loans is 0.96%, 0.99%, and 1.02% as of June 30, 2015, December 31, 2014 and June 30, 2014, respectively.

The following tables summarize the activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2015 and 2014 and the year ended December 31, 2014:


	June 30, 2015
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981
Provision (recapture) charged to earnings		93		69		169		(65)		(8)		258
Charge-offs		(48)		—		—		(50)		(4)		(102)
Recoveries		—		—		5		50		1		56
Net charge-offs (recoveries)		(48)		—		5		—		(3)		(46)
Balance at end of year	$	814	$	1,235	$	2,064	$	2,027	$	53	$	6,193
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—	$	—	$	—	$	109	$	10	$	119
Total specific reserves		—		—		—		109		10		119
General reserves		814		1,235		2,064		1,918		43		6,074
Total	$	814	$	1,235	$	2,064	$	2,027	$	53	$	6,193


	December 31, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	660	$	970	$	1,726	$	1,585	$	77	$	5,018
Provision (recapture) charged to earnings		137		226		162		909		(11)		1,423
Charge-offs		(28)		(30)		—		(448)		(4)		(510)
Recoveries		—		—		2		46		2		50
Net charge-offs (recoveries)		(28)		(30)		2		(402)		(2)		(460)
Balance at end of year	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	44	$	—	$	—	$	30	$	13	$	87
Total specific reserves		44		—		—		30		13		87
General reserves		725		1,166		1,890		2,062		51		5,894
Total	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981


	June 30, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	660	$	970	$	1,726	$	1,585	$	77	$	5,018
Provision (recapture) charged to earnings		69		260		54		311		(17)		677
Charge-offs		(28)		(30)		—		(146)		—		(204)
Recoveries		—		—		—		22		3		25
Net charge-offs (recoveries)		(28)		(30)		—		(124)		3		(179)
Balance at end of year	$	701	$	1,200	$	1,780	$	1,772	$	63	$	5,516
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	34	$	—	$	—	$	52	$	14	$	100
Total specific reserves		34		—		—		52		14		100
General reserves		667		1,200		1,780		1,720		49		5,416
Total	$	701	$	1,200	$	1,780	$	1,772	$	63	$	5,516

The Company’s recorded investment in loans as of June 30, 2015 and December 31, 2014 related to the balance in the allowance for loan losses on the basis of the Company’s impairment methodology is as follows:


	June 30, 2015
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	167	$	1,100	$	472	$	26	$	1,765
Loans collectively evaluated for impairment		96,408		129,773		212,335		201,240		3,417		643,173
Total	$	96,408	$	129,940	$	213,435	$	201,712	$	3,443	$	644,938


	December 31, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	541	$	168	$	1,086	$	223	$	38	$	2,056
Loans collectively evaluated for impairment		79,953		115,584		194,753		206,878		4,086		601,254
Total	$	80,494	$	115,752	$	195,839	$	207,101	$	4,124	$	603,310

The Company has acquired certain loans which experienced credit deterioration since origination (purchased credit impaired loans). Accretion on purchased credit impaired loans is based on estimated future cash flows, regardless of contractual maturity.

There were no loans purchased during the six months ended June 30, 2015 and 2014.

Income is not recognized on certain purchased credit impaired loans if the Company cannot reasonably estimate cash flows expected to be collected. Income on these loans is recognized using the asset recovery method. As of June 30, 2015, there were no remaining purchase credit impaired loans. As of December 31, 2014, there was only one purchased credit impaired loan remaining with a carrying amount of $541, which was accounted for using the cost recovery method.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2015
Income Taxes
Income Taxes	5. Income Taxes The Company’s estimated annual effective tax rate, before reporting the net impact of discrete items, was approximately 33.0% and 35.6% for the six months ended June 30, 2015 and 2014. The Company’s reported effective tax rates after including the net impact of discrete items for the six months ended June 30, 2015 and 2014 of 29.4% and 35.6%, respectively, in the accompanying condensed consolidated statements of income. The Company’s provision for income taxes for the six months ended June 30, 2015, was impacted by a net discrete tax benefit of $186 associated primarily with the recognition of deferred tax assets related to non-qualified stock options. There were no discrete items for the six months ended June 30, 2014 that affected the Company’s provision for income taxes. Deferred income taxes reflect the net tax effects of temporary differences between the recorded amounts of assets and liabilities for financial reporting purposes, and the amounts used for income tax purposes. Included in the accompanying consolidated balance sheets as of June 30, 2015 is a current tax receivable of approximately $287 in other assets and a net deferred tax asset of approximately $1,648 in other assets. Included in the accompanying consolidated balance sheets in as of December 31, 2014 is a current tax liability of $89 in accrued interest payable and other liabilities and a net deferred tax asset of $1,385 in other assets.

Commitment and Contingencies	6 Months Ended
Commitment and Contingencies	Jun. 30, 2015
Commitments and Contingencies
Commitments and Contingencies	6. Commitments and Contingencies Litigation The Company may from time to time be involved in legal actions arising from normal business activities. Management believes that these actions are without merit or that the ultimate liability, if any, resulting from them will not materially affect the financial position or results of operations of the Company. Operating Leases The Company leases several of its banking facilities under operating leases. Rental expense related to these leases was approximately $721 for both the six months ended June 30, 2015 and 2014.

Other Non-interest Expense

6 Months Ended

Jun. 30, 2015

Other Non-interest Expense

Other Non-interest Expense

7. Other Non-Interest Expense

Significant components of the Company’s other non‑interest expense are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Business development	$	90	$	130	$	191	$	191
Office and postage		73		52		213		109
Director fees		33		24		68		44
Insurance		30		17		60		42
Security		26		28		47		62
Charitable contributions and donations		76		31		153		97
Travel		9		11		17		16
Training		9		14		18		24
Other		223		176		459		371
Total	$	569	$	483	$	1,226	$	956

Fair Value Disclosures

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures

Fair Value Disclosures

8. Fair Value Disclosures

The authoritative guidance for fair value measurements defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact.

The authoritative guidance requires the use of valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset (replacement costs). Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In that regard, the authoritative guidance establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows:

Level 1 Inputs. Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

Level 2 Inputs. Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (for example, interest rates, volatilities, prepayment speeds, loss severities, credit risks and default rates) or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 investments consist primarily of obligations of U.S. government sponsored enterprises and agencies, obligations of state and municipal subdivisions, corporate bonds, mortgage‑backed securities and collateralized mortgage obligations, and asset-backed securities.

Level 3 Inputs. Significant unobservable inputs that reflect an entity’s own assumptions that market participants would use in pricing the assets or liabilities.

In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market‑based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.

A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below.

Assets and liabilities measured at fair value on a recurring basis include the following:

Investment Securities Available For Sale: Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For those securities classified as Level 2, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U. S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayments speeds, credit information and the bond’s terms and conditions, among other things.

The following table summarizes assets measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:


	Fair Value
	Measurements Using
	Level 1		Level 2		Level 3		Total
	Inputs		Inputs		Inputs		Fair Value
As of June 30, 2015
Investment securities available for sale	$	—	$	59,299	$	—	$	59,299
As of December 31, 2014
Investment securities available for sale	$	—	$	45,127	$	—	$	45,127

There were no liabilities measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.

There were no transfers between Level 2 and Level 3 during the six months ended June 30, 2015 and 2014.

Certain assets and liabilities are measured at fair value on a non recurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment).

Assets measured at fair value on a non‑recurring basis include impaired loans and other real estate owned. The fair value of impaired loans with specific allocations of the allowance for loan losses and other real estate owned is based upon recent real estate appraisals less estimated costs of sale. For residential real estate impaired loans and other real estate owned, appraised values are based on the comparative sales approach. For commercial and commercial real estate impaired loans and other real estate owned, appraisers may use either a single valuation approach or a combination of approaches such as comparative sales, cost or the income approach. A significant unobservable input in the income approach is the estimated income capitalization rate for a given piece of collateral. Adjustments to appraisals may be made to reflect local market conditions or other economic factors and may result in changes in the fair value of a given asset over time. As such, the fair value of impaired loans and other real estate owned are considered a Level 3 in the fair value hierarchy.

The Company recovers the carrying value of other real estate owned through the sale of the property. The ability to affect future sales prices is subject to market conditions and factors beyond the Company’s control and may impact the estimated fair value of a property.

Appraisals for impaired loans and other real estate owned are performed by certified general appraisers whose qualifications and licenses have been reviewed and verified by the Company. Once reviewed, a member of the credit department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison to independent data sources such as recent market data or industry wide‑statistics. On a periodic basis, the Company compares the actual selling price of collateral that has been sold to the most recent appraised value to determine what additional adjustments, if any, should be made to the appraisal value to arrive at fair value.

The following table summarizes assets measured at fair value on a non‑ recurring basis as of June 30, 2015 and December 31, 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:


	Fair Value
	Measurements Using
	Level 1		Level 2		Level 3		Total
	Inputs		Inputs		Inputs		Fair Value
As of June 30, 2015
Assets:
Impaired loans	$	—	$	—	$	1,765	$	1,765
Other real estate owned	$	—	$	—	$	493	$	493
As of December 31, 2014
Assets:
Impaired loans	$	—	$	—	$	2,056	$	2,056
Other real estate owned	$	—	$	—	$	50	$	50

At June 30, 2015, impaired loans had a carrying value of $1,765, with $119 specific allowance for loan loss allocated.

At December 31, 2014, impaired loans had a carrying value of $2,056, with $87 specific allowance for loan loss allocated.

There were no liabilities measured at fair value on a non‑recurring basis as of June 30, 2015 and December 31, 2014.

For Level 3 financial assets measured at fair value as of June 30, 2015 and December 31, 2014, the significant unobservable inputs used in the fair value measurements were as follows:


June 30, 2015
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	1,765	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	493	Collateral Method	Adjustments for selling costs	8	%


December 31, 2014
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	2,056	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	50	Collateral Method	Adjustments for selling costs	8	%

Fair Value of Financial Instruments

The Company is required under current authoritative guidance to disclose the estimated fair value of their financial instrument assets and liabilities including those subject to the requirements discussed above. For the Company, as for most financial institutions, substantially all of its assets and liabilities are considered financial instruments, as defined. Many of the Company’s financial instruments, however, lack an available trading market as characterized by a willing buyer and willing seller engaging in an exchange transaction.

The estimated fair value amounts of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. In addition, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates that must be made given the absence of active secondary markets for many of the financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values.

The methods and assumptions used by the Company in estimating fair values of financial instruments as disclosed herein in accordance with ASC Topic 825, Financial Instruments, other than for those measured at fair value on a recurring and nonrecurring basis discussed above, are as follows:

Cash and cash equivalents: The carrying amounts of cash and cash equivalents approximate their fair value.

Loans and loans held for sale: For variable‑rate loans that reprice frequently and have no significant changes in credit risk, fair values are based on carrying values. Fair values for certain mortgage loans (for example, one‑to‑four family residential), commercial real estate and commercial loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.

Bank‑owned life insurance: The carrying amounts of bank‑owned life insurance approximate their fair value.

Non‑marketable equity securities: The carrying value of restricted securities such as stock in the Federal Home Loan Bank of Dallas and Independent Bankers Financial Corporation approximates fair value.

Deposits: The fair values disclosed for demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is their carrying amounts). The carrying amounts of variable‑rate certificates of deposit (CDs) approximate their fair values at the reporting date. Fair values for fixed‑rate CDs are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits.

Advances from Federal Home Loan Bank: The fair value of advances maturing within 90 days approximates carrying value. Fair value of other advances is based on the Company’s current borrowing rate for similar arrangements.

Junior subordinated debentures and subordinated notes: The fair values are based upon prevailing rates on similar debt in the market place.

Accrued interest: The carrying amounts of accrued interest approximate their fair values due to short term maturity.

Off‑balance sheet instruments: Commitments to extend credit and standby letters of credit are generally priced at market at the time of funding and were not material to the Company’s condensed consolidated financial statements.

The estimated fair values and carrying values of all financial instruments under current authoritative guidance as of June 30, 2015 and December 31, 2015 were as follows:


	June 30,				December 31,
	2015				2014
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Level 2 inputs:
Cash and cash equivalents	$	63,269	$	63,269	$	93,251	$	93,251
Securities available for sale		59,299		59,299		45,127		45,127
Loans held for sale		2,127		2,127		8,858		8,858
Accrued interest receivable		1,557		1,557		1,542		1,542
Bank-owned life insurance		18,115		18,115		17,822		17,822
Non-marketable equity securities		3,970		3,970		4,139		4,139
Level 3 inputs:
Loans, net		638,696		635,518		597,278		596,138
Financial liabilities:
Level 2 inputs:
Deposits	$	673,106	$	663,650	$	638,743	$	630,402
Advances from FHLB		27,000		26,997		40,000		40,028
Accrued interest payable		109		109		126		126
Junior subordinated debentures		3,093		3,093		3,093		3,093
Subordinated notes		4,982		4,982		4,981		4,981

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Financial Instruments with Off-Balance Sheet Risk

6 Months Ended

Jun. 30, 2015

Financial Instruments with Off-Balance Sheet Risk Disclosure [Abstract]

Financial Instruments with Off-Balance Sheet Risk

9. Financial Instruments with Off‑Balance Sheet Risk

The Company is a party to financial instruments with off‑balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the condensed consolidated balance sheets.

The Company’s 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 those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on balance sheet instruments.

The following table sets forth the approximate amounts of these financial instruments as of June 30, 2015 and December 31, 2014:


	June 30,		December 31,
	2015		2014
Commitments to extend credit	$	203,088	$	144,224
Standby and commercial letters of credit		1,438		818
	$	204,526	$	145,042

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 many of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Management evaluates each customer’s creditworthiness on a case‑by‑case basis. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on management’s credit evaluation of the borrower.

Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company’s policy for obtaining collateral and the nature of such collateral is essentially the same as that involved in making commitments to extend credit.

Although the maximum exposure to loss is the amount of such commitments, management currently anticipates no material losses from such activities.

Employee Benefits

6 Months Ended

Jun. 30, 2015

Employee Benefits

Employee Benefits

10. Employee Benefits

Defined contribution plan

The Company maintains a retirement savings 401(k) profit sharing plan (Plan) in which substantially all employees may participate. The Plan provides for “before tax” employee contributions through salary reductions under section 401(k) of the Internal Revenue Code. The Company may make a discretionary match of employees’ contributions based on a percentage of salary deferrals and certain discretionary profit sharing contributions. No matching contributions to the Plan were made for the six months ending June 30, 2015 and 2014.

ESOP

Effective January 1, 2012, the Company adopted an Employee Stock Ownership Plan (ESOP) covering all employees that meet certain age and service requirements. Plan assets are held and managed by the Company. Shares of the Company’s common stock purchased by the Veritex Community Bank Employee Stock Ownership Plan (ESOP) are held in a suspense account until released for allocation to participants. Shares released are allocated to each eligible participant based on the participant’s 401(k) contribution made during that year. Compensation expense is measured based upon the expected amount of the Company’s discretionary contribution that is determined on an annual basis and is accrued ratably over the year. Shares are committed to be released to settle the liability upon formal declaration of the contribution at the end of the year. The number of shares released to settle the liability is based upon fair value of the shares and become outstanding shares for earnings per share computations. The cost of shares issued to the ESOP, but not yet committed to be released, is shown as a reduction of stockholders’ equity. To the extent that the fair value of the ESOP shares differs from the cost of such shares, the difference is charged or credited to stockholders’ equity as additional paid in capital.

In January 2014, the ESOP borrowed $500 from the Company and purchased 46,082 shares of the common stock of the Company. The ESOP debt is secured by shares of the Company. The loan will be repaid from contributions to the ESOP from the Company. As the debt is repaid, shares are released from collateral and allocated to employees’ accounts. The shares pledged as collateral are reported as unearned ESOP shares in the condensed consolidated balance sheets.

The Company issued 9,147 shares to the ESOP in June of 2015 to settle in full the 401(k) matching liability that was accrued prior to the origination of the $500 loan to the ESOP in January 2014.

Compensation expense attributed to the ESOP contributions recorded in the accompanying condensed consolidated statements of income for both the six months ended June 30, 2015 and 2014 was approximately $90.

The following is a summary of ESOP shares as of June 30, 2015 and December 31, 2014.


	June 30,		December 31,
	2015		2014
Allocated shares		26,105		16,958
Unearned shares		36,935		36,935
Total ESOP shares		63,040		53,893
Fair value of unearned shares	$	552	$	523

Stock and Incentive Plans

6 Months Ended

Jun. 30, 2015

Stock and Incentive Plans

Stock and Incentive Plans

11. Stock and Incentive Plans

2010 Stock Option and Equity Incentive Plan

In 2010, the Company adopted the 2010 Stock Option and Equity Incentive Plan (the Incentive Plan), which the Company’s shareholders approved in 2011. The maximum number of shares of common stock that may be issued pursuant to grants or options under the Incentive Plan is 1,000,000. The Incentive Plan is administered by the Board of Directors and provides for both the direct award of stock and the grant of stock options to eligible directors, officers, employees and outside consultants of the Company or its affiliates as defined in the Incentive Plan. The Company may grant either incentive stock options or nonqualified stock options as directed in the Incentive Plan.

The Board authorized that the Incentive Plan provide for the award of 100,000 shares of direct stock awards (restricted shares) and 900,000 shares of stock options, of which 500,000 shares are performance‑based stock options. Options are generally granted with an exercise price equal to the market price of the Company’s stock at the date of the grant; those option awards generally vest based on 5 years of continuous service and have 10‑year contractual terms for non‑controlling participants as defined by the Incentive Plan, and forfeiture of unexercised options upon termination of employment with the Company. Other grant terms can vary for controlling participants as defined by the Incentive Plan. Restricted share awards generally vest after 4 years of continuous service. The terms of the Incentive Plan include a provision whereby all unearned non‑performance options and restricted shares become immediately exercisable and fully vested upon a change in control. The vesting of a performance‑based stock option is contingent upon a change of control and the achievement of specific performance criteria or other objectives set at the grant date.

With the adoption of the 2014 Omnibus Plan, which is discussed below, the Company does not plan to award any additional grants or options under the Incentive Plan.

During the six months ended June 30, 2015, the Company did not award any restricted stock units, non-performance‑based stock options or performance‑based stock options.

During the six months ended June 30, 2014, the Company awarded 30,000 non-performance‑based stock options and 50,000 performance‑based stock options. During the six months ended June 30, 2014, the Company awarded 28,500 restricted stock units.

Stock based compensation expense is measured based upon the fair market value of the award at the grant date and is recognized ratably over the period during which the shares are earned (the requisite service period). For the six months ended June 30, 2015 and 2014, approximately $92 and $165 of stock compensation expense related to the Incentive Plan, respectively, was recognized in the accompanying condensed consolidated statements of income.

The fair value of each option award is estimated on the grant date using the Black‑Scholes option‑pricing model with the following assumptions used for the grants:


	For the Six Months Ended June 30,
	2015	2014
Dividend yield	—	0.00%
Expected life	—	10 years
Expected volatility	—	5.60%
Risk-free interest rate	—	2.54% to 2.71%

The expected life is based on the expected amount of time that options granted are expected to be outstanding. The dividend yield assumption is based on the Company’s history. The expected volatility is based on historical volatility of the Company. The risk‑free interest rates are based upon yields of U.S. Treasury issues with a term equal to the expected life of the option being valued.

A summary of option activity under the 2010 Incentive Plan for the six months ended June 30, 2015 and 2014, and changes during the years then ended is presented below:


	2015
	Nonperformance-based stock options				Performance-based stock options
				Weighted		Weighted		Weighted
	Shares	Weighted		Average	Shares	Average		Average
	Underlying	Exercise		Contractual	Underlying	Exercise		Contractual
	Options	Price		Term	Options	Price		Term
Outstanding at beginning of year	352,500	$	10.14	6.58 years	—	$	—	—
Granted during the period	—		—		—		—
Forfeited during the period	—		—		—		—
Cancelled during the period	—		—		—		—
Exercised during the period	—		—		—		—
Outstanding at the end of period	352,500	$	10.14	6.08 years	—	$	—	—
Options exercisable at end of period	251,700	$	10.07	5.89 years	—	$	—	—
Weighted average fair value of options granted during the period		$	—			$	—


	2014
	Nonperformance-based stock options				Performance-based stock options
				Weighted		Weighted		Weighted
	Shares	Weighted		Average	Shares	Average		Average
	Underlying	Exercise		Contractual	Underlying	Exercise		Contractual
	Options	Price		Term	Options	Price		Term
Outstanding at beginning of year	327,500	$	10.03	7.69 years	422,500	$	10.02	8.0 years
Granted during the period	30,000		11.86		50,000		11.19
Forfeited during the period	—		—		—		—
Exercised during the period	—		—		—		—
Outstanding at the end of period	357,500	$	10.15	7.17 years	472,500	$	10.15	8.0 years
Options exercisable at end of period	181,200	$	10.04	6.71 years	—	$	—	—
Weighted average fair value of options granted during the period		$	1.94			$	2.01

As of June 30, 2015 and 2014, the aggregate intrinsic value was $1,692 and $983, respectively, for outstanding non-performance‑based stock options and $1,226 and $518, respectively, for exercisable non-performance‑based stock options.

As of June 30, 2015, there were no performance‑based stock options outstanding or exercisable. As of June 30, 2014, the aggregate intrinsic value was $1,300 for outstanding performance-based stock options. No performance-based stock options were exercisable as of June 30, 2014.

As of June 30, 2015 and 2014, there was approximately $143 and $343 respectively, of unrecognized compensation expense related to non-performance‑based stock options. The unrecognized compensation expense as of June 30, 2015 is expected to be recognized over the remaining weighted average requisite service period of 1.45 years.

As of June 30, 2015, there was no unrecognized compensation expense related to performance-based options.

A summary of the status of the Company’s restricted stock units as of June 30, 2015 and 2014, and changes during the six months then ended is as follows:


	2015			2014
		Weighted			Weighted
		Average			Average
		Grant Date			Grant Date
	Shares	Fair Value		Shares	Fair Value
Nonvested at January 1,	62,250	$	10.86	35,000	$	10.02
Granted during the period	—		—	28,500		11.93
Vested during the period	(20,000)		10.00	—		—
Forfeited during the period	—		—	(250)		10.85
Nonvested at June 30,	42,250	$	11.27	63,250	$	10.88

As of June 30, 2015 and 2014, there was $230, and $369, respectively, of total unrecognized compensation expense related to nonvested restricted stock units. The compensation expense as of June 30, 2015 expected to be recognized over the remaining weighted average requisite service period of 2.07 years.

2014 Omnibus Plan

In September of 2014, the Company adopted an omnibus incentive plan or the 2014 Omnibus Plan (Omnibus Plan). The purpose of the Omnibus Plan is to align the long‑term financial interests of the employees, directors, consultants and other service providers with those of the shareholders, to attract and retain those employees, directors, consultants and other service providers by providing compensation opportunities that are competitive with other companies and to provide incentives to those individuals who contribute significantly to the Company’s long‑term performance and growth. To accomplish these goals, the Omnibus Plan permits the issuance of stock options, share appreciation rights, restricted shares, restricted share units, deferred shares, unrestricted shares and cash‑based awards. The maximum number of shares of the Company’s common stock that may be issued pursuant to grants or options under the Omnibus Plan is 1,000,000.

The Company granted 44,080 options and 25,474 restricted stock units to its employees and directors during the six months ended June 30, 2015 under the Omnibus Plan. The options vest equally over 3 years from the date of grant. The restricted stock units include a market condition based on the Company’s total shareholder return relative to a market index which determines the number of restricted stock units which may vest. The Company’s 2014 Omnibus Plan was not adopted until September of 2014. Accordingly, no restricted stock units or options were granted to its employees and directors during the six months ended June 30, 2014 under the Omnibus Plan.

The fair value of each option award is estimated on the grant date using the Black‑Scholes option‑pricing model with the following assumptions used for the grants:


	For the Six Months Ended June 30,
	2015	2014
Dividend yield	0.00%	—
Expected life	6 years	—
Expected volatility	37.00%	—
Risk-free interest rate	1.81%	—

The expected life is based on the expected amount of time that options granted are expected to be outstanding. The dividend yield assumption is based on the Company’s history. The expected volatility is based on historical volatility of the Company as well as the volatility of certain comparable public company peers. The risk‑free interest rates are based upon yields of U.S. Treasury issues with a term equal to the expected life of the option being valued.

A summary of the status of the Company’s options and restricted stock units as of June 30, 2015 and changes during the six months then ended is as follows:


	2015
	Nonperformance-based stock options
				Weighted
	Shares	Weighted		Average
	Underlying	Exercise		Contractual
	Options	Price		Term
Outstanding at beginning of year	—	$	—	—
Granted during the period	44,080		14.17
Forfeited during the period	—		—
Cancelled during the period	—		—
Exercised during the period	—		—
Outstanding at the end of period	44,080	$	14.17	9.52 years
Options exercisable at end of period	—	$	—	—
Weighted average fair value of options granted during the period		$	5.46

As of June 30, 2015 the aggregate intrinsic value was $34 for outstanding stock options under the Omnibus plan.


	2015
		Weighted
		Average
		Grant Date
	Shares	Fair Value
Nonvested at January 1,	82,903	$	13.00
Granted during the period	25,474		14.17
Vested during the period	—		—
Forfeited during the period	—		—
Nonvested at June 30,	108,377	$	13.28

For the six months ended June 30, 2015 approximately $36 and $145 of stock compensation expense awarded under the 2014 Omnibus Plan related to options and restricted stock units, respectively, which was recognized in the accompanying condensed consolidated statements of income.

As of June 30, 2015 there was $183 and $995 of total unrecognized compensation expense related to options and restricted stock units awarded under the 2014 Omnibus Plan, respectively. The compensation expense related to these options and restricted stock units is expected to be recognized over the remaining weighted average requisite service periods of 2.51 and 3.97 years, respectively.

Significant Concentrations of Credit Risk	6 Months Ended
Significant Concentrations of Credit Risk	Jun. 30, 2015
Significant Concentrations of Credit Risk
Significant Concentrations of Credit Risk	12. Significant Concentrations of Credit Risk Most of the Company’s business activity is with customers located within the Dallas Metropolitan area. Such customers are normally also depositors of the Company. The distribution of commitments to extend credit approximates the distribution of loans outstanding. Commercial and standby letters of credit were granted primarily to commercial borrowers. The contractual amounts of credit related financial instruments such as commitments to extend credit, credit card arrangements, and letters of credit represent the amounts of potential accounting loss should the contract be fully drawn upon, the customer default, and the value of any existing collateral become worthless.

Preferred Stock	6 Months Ended
Preferred Stock	Jun. 30, 2015
Preferred Stock Disclosure [Abstract]
Preferred Stock	13. Preferred Stock On August 25, 2011, the Company entered into a Small Business Lending Fund‑Securities Purchase Agreement (SBLF Purchase Agreement) with the Secretary of the Treasury, pursuant to which the Company (i) sold 8,000 shares of the Company’s Senior Non‑Cumulative Perpetual Preferred Stock, Series C (the SBLF Preferred Stock) to the Secretary of the Treasury for a purchase price of $8,000. The issuance was pursuant to the SBLF program, a fund established under the Small Business Jobs Act of 2010 that was created to encourage lending to small business by providing capital to qualified community banks. The SBLF Preferred Stock qualifies as Tier 1 capital and pays non cumulative dividends quarterly, on each January 1, April 1, July 1 and October 1. The dividend rate, as a percentage of the liquidation amount, can fluctuate on a quarterly basis during the first 10 quarters during which the SBLF Preferred Stock is outstanding, based upon changes in the level of “Qualified Small Business Lending” or “QBSL” (as defined in the SBLF Purchase Agreement) by the Bank. Based upon the increase in the Bank’s level of QBSL over the baseline level calculated under the terms of the SBLF Purchase Agreement, the dividend rate for the initial dividend period for the Company was set at 1.00%. For the tenth calendar quarter through 4.5 years after issuance, the dividend rate will be fixed and as of June 30, 2015 was set at one percent (1%) based upon the increase in QBSL as compared to the baseline. After 4.5 years from issuance, the dividend rate will increase to 9% (including a quarterly lending incentive fee of 0.5%). The SBLF Preferred Stock is non‑voting, except in limited circumstances. In the event that the Company misses five dividend payments, whether or not consecutive, the holder of the SBLF Preferred Stock will have the right, but not the obligation, to appoint a representative as an observer on the Company’s Board of Directors. The right expires when full dividends have been paid for four consecutive dividend periods. The SBLF Preferred Stock may be redeemed at any time at the Company’s option, at a redemption price of 100% of the liquidation amount of $1,000 per share plus accrued but unpaid dividends to the date of redemption for the current period, subject to the approval of its federal banking regulator.

Capital Requirements and Restrictions on Retained Earnings

6 Months Ended

Jun. 30, 2015

Capital Requirements and Restrictions on Retained Earnings Disclosure [Abstract]

Capital Requirements and Restrictions on Retained Earnings

14. Capital Requirements and Restrictions on Retained Earnings

Under banking law, there are legal restrictions limiting the amount of dividends the Company can declare. Approval of the regulatory authorities is required if the effect of the dividends declared would cause regulatory capital of the Company to fall below specified minimum levels.

The Bank is subject to various regulatory capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors.

In July 2013, the Federal Reserve published final rules for the adoption of the Basel III regulatory capital framework (the “Basel III Capital Rules”). The Basel III Capital Rules, among other things, (i) introduce a new capital measure called “Common Equity Tier 1” (“CET1”), (ii) specify that Tier 1 capital consist of Common Equity Tier 1 and “Additional Tier 1 Capital” instruments meeting specified requirements, (iii) define Common Equity Tier 1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to Common Equity Tier 1 and not to the other components of capital and (iv) expand the scope of the deductions/adjustments as compared to existing regulations. The Basel III Capital Rules became effective for the Company on January 1, 2015 with certain transition provisions fully phased in on January 1, 2019.

Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulations) to risk weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of June 30, 2015 and December 31, 2014 that the Bank met all capital adequacy requirements to which it was subject.

As of June 30, 2015 and December 31, 2014, the Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized”, the Bank must maintain minimum total risk‑based, Tier 1 risk‑based and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since June 30, 2015 that management believes have changed the Bank’s category.

A comparison of the Company’s and Bank’s actual capital amounts and ratios to required capital amounts and ratios is presented in the following table:


												To Be Well
												Capitalized Under
						For Capital						Prompt Corrective
	Actual					Adequacy Purposes						Action Provisions
	Amount		Ratio			Amount			Ratio			Amount			Ratio
As of June 30, 2015
Total capital (to risk weighted assets)
Company	$	111,743	16.52	%	≥	$	54,113	≥	8.0	%	≥		N/A	≥	N/A
Bank	$	84,645	12.60	%	≥	$	53,737	≥	8.0	%	≥	$	67,172	≥	10.0	%
Tier 1 capital (to risk weighted assets)
Company	$	100,568	14.87	%	≥	$	27,056	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	11.68	%	≥	$	26,869	≥	4.0	%	≥	$	40,303	≥	6.0	%
Common equity tier 1 to risk weighted assets
Company	$	89,475	13.23	%	≥	$	27,056	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	11.68	%	≥	$	26,869	≥	4.0	%	≥	$	33,586	≥	5.0	%
Tier 1 capital (to average assets)
Company	$	100,568	12.82	%	≥	$	31,387	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	10.00	%	≥	$	31,371	≥	4.0	%	≥	$	39,214	≥	5.0	%
As of December 31, 2014
Total capital (to risk weighted assets)
Company	$	107,197	17.21	%	≥	$	49,814	≥	8.0	%	≥		N/A	≥	N/A
Bank	$	79,616	12.79	%	≥	$	49,788	≥	8.0	%	≥	$	62,235	≥	10.0	%
Tier 1 capital (to risk weighted assets)
Company	$	96,236	15.45	%	≥	$	24,907	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	73,635	11.83	%	≥	$	24,894	≥	4.0	%	≥	$	37,341	≥	6.0	%
Tier 1 capital (to average assets)
Company	$	96,236	12.66	%	≥	$	30,400	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	73,635	9.69	%	≥	$	30,386	≥	4.0	%	≥	$	37,983	≥	5.0	%

- Definition

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958577-112826

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1E
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958574-112826

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958569-112826

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958570-112826

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958568-112826

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1D
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958573-112826

+ Details

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2015
Subsequent Events
Subsequent Events	15. Subsequent Events On July 1, 2015, the Company completed the acquisition of IBT Bancorp, Inc. (“IBT”). IBT was the parent holding company of Independent Bank of Texas (“Independent Bank”), a Texas state chartered full service commercial bank with total assets of $113.7 million, total loans of $89.7 million, and total deposits of $98.3 million at June 30, 2015. Independent Bank operates two banking locations in the Dallas metropolitan area. Under the terms of the definitive agreement, the Company issued approximately 1,185,185 shares of its common stock (with cash in lieu of fractional shares) and paid approximately $4.0 million in cash for the outstanding shares of IBT common stock in connection with the closing of the acquisition. The Company filed a registration statement on Form S-4 under the Securities Act of 1933 with the SEC that was declared effective on June 5, 2015 with respect to the Company’s common stock issued to shareholders of IBT in the merger.

Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2015

Summary of Significant Accounting Policies

Basis of Presentation

Initial Public Offering (IPO)

Initial Public Offering (IPO):

Earnings Per Share


	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015			2014
Earnings (numerator)
Net income for common stockholders	$	1,856	$	1,198	$	3,680	$	2,156
Less: preferred stock dividends		20		20		40		40
Net income allocated to common stockholders	$	1,836	$	1,178	$	3,640	$	2,116
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)		9,448		6,321		9,448		6,231
Dilutive effect of employee stock-based awards		261		131		256		128
Adjusted weighted average shares outstanding		9,709		6,452		9,704		6,359
Earnings per share:
Basic	$	0.19	$	0.19	$	0.39	$	0.34
Diluted	$	0.19	$	0.18	$	0.38	$	0.33

Summary of Significant Accounting Policy (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Significant Accounting Policies

Schedule of reconciliation between weighted average shares used for calculating basic and diluted EPS


	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015			2014
Earnings (numerator)
Net income for common stockholders	$	1,856	$	1,198	$	3,680	$	2,156
Less: preferred stock dividends		20		20		40		40
Net income allocated to common stockholders	$	1,836	$	1,178	$	3,640	$	2,116
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)		9,448		6,321		9,448		6,231
Dilutive effect of employee stock-based awards		261		131		256		128
Adjusted weighted average shares outstanding		9,709		6,452		9,704		6,359
Earnings per share:
Basic	$	0.19	$	0.19	$	0.39	$	0.34
Diluted	$	0.19	$	0.18	$	0.38	$	0.33

Investment Securities (Tables)

6 Months Ended

Jun. 30, 2015

Investment Securities

Schedule of carrying amount and approximate fair values of available-for-sale securities


	June 30, 2015
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	1,876	$	—	$	22	$	1,854
Municipal securities		6,195		15		97		6,113
Mortgage-backed securities		39,738		223		158		39,803
Collateralized mortgage obligations		10,446		93		40		10,499
Asset-backed securities		1,016		14		—		1,030
	$	59,271	$	345	$	317	$	59,299


	December 31, 2014
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	1,928	$	—	$	47	$	1,881
Corporate bonds		500		—		—		500
Municipal securities		965		22		—		987
Mortgage-backed securities		28,588		256		73		28,771
Collateralized mortgage obligations		11,752		124		37		11,839
Asset-backed securities		1,134		15		—		1,149
	$	44,867	$	417	$	157	$	45,127

Schedule of investment securities that have been in a continuous unrealized loss position


	June 30, 2015
	Less Than 12 Months				12 Months or More				Totals
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loss
Available for Sale
U.S. government agencies	$	499	$	1	$	1,355	$	21	$	1,854	$	22
Municipal securities		5,119		97		—		—		5,119		97
Mortgage-backed securities		21,763		142		2,772		16		24,535		158
Collateralized mortgage obligations		3,833		17		1,399		23		5,232		40
	$	31,214	$	257	$	5,526	$	60	$	36,740	$	317


	December 31, 2014
	Less Than 12 Months				12 Months or More				Totals
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loss
Available for Sale
U.S. government agencies	$	—	$	—	$	1,881	$	47	$	1,881	$	47
Mortgage-backed securities		10,148		39		3,572		34		13,720		73
Collateralized mortgage obligations		1,580		7		2,442		30		4,022		37
	$	11,728	$	46	$	7,895	$	111	$	19,623	$	157

Schedule of amortized costs and estimated fair values of securities available for sale, by contractual maturity


	June 30, 2015
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	980	$	995
Due from one year to five years		1,430		1,419
Due from five years to ten years		1,331		1,315
Due after ten years		4,330		4,238
		8,071		7,967
Mortgage-backed securities		39,738		39,803
Collateralized mortgage obligations		10,446		10,499
Asset-backed securities		1,016		1,030
	$	59,271	$	59,299


	December 31, 2014
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	500	$	500
Due from one year to five years		1,930		1,932
Due from five years to ten years		963		936
Due after ten years		—		—
		3,393		3,368
Mortgage-backed securities		28,588		28,771
Collateralized mortgage obligations		11,752		11,839
Asset-backed securities		1,134		1,149
	$	44,867	$	45,127

Schedule of proceeds from sales of investment securities available for sale and gross gains and losses


	Six Months Ended June 30,		Six Months Ended June 30,
	2015		2014
Proceeds from sales	$	3,778	$	981
Gross realized gains		7		34
Gross realized losses		—		—

Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2015

Loans and Allowance for Loan Losses

Summary of loans


	June 30,		December 31,
	2015		2014
Real estate:
Construction and land	$	84,612	$	69,966
Farmland		11,796		10,528
1 - 4 family residential		121,734		105,788
Multi-family residential		8,206		9,964
Nonfarm nonresidential		213,435		195,839
Commercial		201,712		207,101
Consumer		3,443		4,124
		644,938		603,310
Deferred loan fees		(49)		(51)
Allowance for loan losses		(6,193)		(5,981)
	$	638,696	$	597,278

Schedule of non-accrual loans, excluding purchased credit impaired loans, aggregated by class of loans


	June 30,		December 31,
	2015		2014
Real estate:
Construction and land		—	$	—
Farmland		—		—
1 - 4 family residential		—		—
Multi-family residential		—		—
Nonfarm nonresidential		—		375
Commercial		288		34
Consumer		24		27
	$	312	$	436

Schedule of age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans


	June 30, 2015
													Total 90 Days
													Past Due
	30 to 59		60 to 89		90 Days		Total		Total		Total		and Still
	Days		Days		or Greater		Past Due		Current		Loans		Accruing
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	84,612	$	84,612	$	—
Farmland		—		—		—		—		11,796		11,796		—
1 - 4 family residential		493		—		—		493		121,241		121,734		—
Multi-family residential		—		—		—		—		8,206		8,206		—
Nonfarm nonresidential		—		—		—		—		213,435		213,435		—
Commercial		119		262		—		381		201,331		201,712		—
Consumer		4		—		—		4		3,439		3,443		—
	$	616	$	262	$	—	$	878	$	644,060	$	644,938	$	—


	December 31, 2014
													Total 90 Days
													Past Due
	30 to 59		60 to 89		90 Days		Total		Total		Total		and Still
	Days		Days		or Greater		Past Due		Current		Loans		Accruing
Real estate:
Construction and land	$	12	$	—	$	541	$	553	$	69,413	$	69,966	$	—
Farmland		—		—		—		—		10,528		10,528		—
1 - 4 family residential		512		—		—		512		105,276		105,788		—
Multi-family residential		—		—		—		—		9,964		9,964		—
Nonfarm nonresidential		—		375		—		375		195,464		195,839		—
Commercial		6		34		—		40		207,061		207,101		—
Consumer		26		—		—		26		4,098		4,124		—
	$	556	$	409	$	541	$	1,506	$	601,804	$	603,310	$	—

Summary of impaired loans, including purchased credit impaired loans and trouble debt restructurings


	June 30, 2015
	Unpaid		Recorded		Recorded						Average
	Contractual		Investment		Investment		Total				Recorded
	Principal		with No		With		Recorded		Related		Investment
	Balance		Allowance		Allowance		Investment		Allowance		YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	21
Farmland		—		—		—		—		—		—
1 - 4 family residential		167		167		—		167		—		168
Multi-family residential		—		—		—		—		—		—
Nonfarm nonresidential		1,100		1,100		—		1,100		—		1,104
Commercial		472		183		289		472		109		366
Consumer		26		5		21		26		10		28
Total	$	1,765	$	1,455	$	310	$	1,765	$	119	$	1,687


	December 31, 2014
	Unpaid		Recorded		Recorded						Average
	Contractual		Investment		Investment		Total				Recorded
	Principal		with No		With		Recorded		Related		Investment
	Balance		Allowance		Allowance		Investment		Allowance		YTD
Real estate:
Construction and land	$	819	$	—	$	541	$	541	$	44	$	611
Farmland		—		—		—		—		—		—
1 - 4 family residential		168		168		—		168		—		205
Multi-family residential		—		—		—		—		—		—
Nonfarm nonresidential		1,086		1,086		—		1,086		—		980
Commercial		223		183		40		223		30		361
Consumer		38		8		30		38		13		44
Total	$	2,334	$	1,445	$	611	$	2,056	$	87	$	2,201

Schedule of terms of certain loans that were modified as troubled debt restructurings


				During the six months ended June 30, 2015
				Post-Modification Outstanding Recorded Investment
										Extended
		Pre-						Extended		Maturity,
		Modification						Maturity		Restructured
		Outstanding		Adjusted				and		Payments and
	Number	Recorded		Interest		Extended		Restructured		Adjusted
	of Loans	Investment		Rate		Maturity		Payments		Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	—		—		—		—		—		—
Multi-family residential	—		—		—		—		—		—
Nonfarm nonresidential	1		399		—		—		—		395
Commercial	1		268		—		—		261		—
Consumer	—		—		—		—		—		—
Total	2	$	667	$	—	$	—	$	261	$	395


				During the six months ended June 30, 2014
				Post-Modification Outstanding Recorded Investment
										Extended
		Pre-						Extended		Maturity,
		Modification						Maturity		Restructured
		Outstanding		Adjusted				and		Payments and
	Number	Recorded		Interest		Extended		Restructured		Adjusted
	of Loans	Investment		Rate		Maturity		Payments		Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	—		—		—		—		—		—
Multi-family residential	—		—		—		—		—		—
Nonfarm nonresidential	—		—		—		—		—		—
Commercial	—		—		—		—		—		—
Consumer	2		17		—		11		6		—
Total	2	$	17	$	—	$	11	$	6	$	—

Summary of internal ratings of loans, including purchased credit impaired loans


	June 30, 2015
			Special
	Pass		Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	84,534	$	—	$	78	$	—	$	84,612
Farmland		11,796		—		—		—		11,796
1 - 4 family residential		121,564		—		170		—		121,734
Multi-family residential		8,206		—		—		—		8,206
Nonfarm nonresidential		212,943		395		97		—		213,435
Commercial		200,069		1,063		580		—		201,712
Consumer		3,417		—		26		—		3,443
Total	$	642,529	$	1,458	$	951	$	—	$	644,938


	December 31, 2014
			Special
	Pass		Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	69,425	$	—	$	541	$	—	$	69,966
Farmland		10,528		—		—		—		10,528
1 - 4 family residential		105,786		—		2		—		105,788
Multi-family residential		9,964		—		—		—		9,964
Nonfarm nonresidential		195,464		—		375		—		195,839
Commercial		205,681		672		748		—		207,101
Consumer		3,925		—		199		—		4,124
Total	$	600,773	$	672	$	1,865	$	—	$	603,310

Schedule of analysis of the allowance for loan losses


	For the		For the		For the
	Six Months Ended		Year Ended		Six Months Ended
	June 30, 2015		December 31, 2014		June 30, 2014
Balance at beginning of year	$	5,981	$	5,018	$	5,018
Provision charged to earnings		258		1,423		677
Charge-offs		(102)		(510)		(204)
Recoveries		56		50		25
Net charge-offs		(46)		(460)		(179)
Balance at end of year	$	6,193	$	5,981	$	5,516

Summary of activity in the allowance for loan losses by class of loans


	June 30, 2015
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981
Provision (recapture) charged to earnings		93		69		169		(65)		(8)		258
Charge-offs		(48)		—		—		(50)		(4)		(102)
Recoveries		—		—		5		50		1		56
Net charge-offs (recoveries)		(48)		—		5		—		(3)		(46)
Balance at end of year	$	814	$	1,235	$	2,064	$	2,027	$	53	$	6,193
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—	$	—	$	—	$	109	$	10	$	119
Total specific reserves		—		—		—		109		10		119
General reserves		814		1,235		2,064		1,918		43		6,074
Total	$	814	$	1,235	$	2,064	$	2,027	$	53	$	6,193


	December 31, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	660	$	970	$	1,726	$	1,585	$	77	$	5,018
Provision (recapture) charged to earnings		137		226		162		909		(11)		1,423
Charge-offs		(28)		(30)		—		(448)		(4)		(510)
Recoveries		—		—		2		46		2		50
Net charge-offs (recoveries)		(28)		(30)		2		(402)		(2)		(460)
Balance at end of year	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	44	$	—	$	—	$	30	$	13	$	87
Total specific reserves		44		—		—		30		13		87
General reserves		725		1,166		1,890		2,062		51		5,894
Total	$	769	$	1,166	$	1,890	$	2,092	$	64	$	5,981


	June 30, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Balance at beginning of year	$	660	$	970	$	1,726	$	1,585	$	77	$	5,018
Provision (recapture) charged to earnings		69		260		54		311		(17)		677
Charge-offs		(28)		(30)		—		(146)		—		(204)
Recoveries		—		—		—		22		3		25
Net charge-offs (recoveries)		(28)		(30)		—		(124)		3		(179)
Balance at end of year	$	701	$	1,200	$	1,780	$	1,772	$	63	$	5,516
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	34	$	—	$	—	$	52	$	14	$	100
Total specific reserves		34		—		—		52		14		100
General reserves		667		1,200		1,780		1,720		49		5,416
Total	$	701	$	1,200	$	1,780	$	1,772	$	63	$	5,516

Schedule of recorded investment in loans related to the balance in the allowance for loan losses on the basis of the Company's impairment methodology


	June 30, 2015
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	167	$	1,100	$	472	$	26	$	1,765
Loans collectively evaluated for impairment		96,408		129,773		212,335		201,240		3,417		643,173
Total	$	96,408	$	129,940	$	213,435	$	201,712	$	3,443	$	644,938


	December 31, 2014
	Real Estate
	Construction				Nonfarm
	Land and				Non-
	Farmland		Residential		Residential		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	541	$	168	$	1,086	$	223	$	38	$	2,056
Loans collectively evaluated for impairment		79,953		115,584		194,753		206,878		4,086		601,254
Total	$	80,494	$	115,752	$	195,839	$	207,101	$	4,124	$	603,310

Other Non-interest Expense (Tables)

6 Months Ended

Jun. 30, 2015

Other Non-interest Expense

Schedule of other non-interest expense


	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Business development	$	90	$	130	$	191	$	191
Office and postage		73		52		213		109
Director fees		33		24		68		44
Insurance		30		17		60		42
Security		26		28		47		62
Charitable contributions and donations		76		31		153		97
Travel		9		11		17		16
Training		9		14		18		24
Other		223		176		459		371
Total	$	569	$	483	$	1,226	$	956

Fair Value Disclosures (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures

Schedule of assets measured at fair value on a recurring basis


	Fair Value
	Measurements Using
	Level 1		Level 2		Level 3		Total
	Inputs		Inputs		Inputs		Fair Value
As of June 30, 2015
Investment securities available for sale	$	—	$	59,299	$	—	$	59,299
As of December 31, 2014
Investment securities available for sale	$	—	$	45,127	$	—	$	45,127

Schedule of assets measured at fair value on a non-recurring basis


	Fair Value
	Measurements Using
	Level 1		Level 2		Level 3		Total
	Inputs		Inputs		Inputs		Fair Value
As of June 30, 2015
Assets:
Impaired loans	$	—	$	—	$	1,765	$	1,765
Other real estate owned	$	—	$	—	$	493	$	493
As of December 31, 2014
Assets:
Impaired loans	$	—	$	—	$	2,056	$	2,056
Other real estate owned	$	—	$	—	$	50	$	50

Schedule of significant unobservable inputs used in the fair value measurements


June 30, 2015
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	1,765	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	493	Collateral Method	Adjustments for selling costs	8	%


December 31, 2014
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	2,056	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	50	Collateral Method	Adjustments for selling costs	8	%

Schedule of estimated fair values and carrying values of all financial instruments


	June 30,				December 31,
	2015				2014
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Level 2 inputs:
Cash and cash equivalents	$	63,269	$	63,269	$	93,251	$	93,251
Securities available for sale		59,299		59,299		45,127		45,127
Loans held for sale		2,127		2,127		8,858		8,858
Accrued interest receivable		1,557		1,557		1,542		1,542
Bank-owned life insurance		18,115		18,115		17,822		17,822
Non-marketable equity securities		3,970		3,970		4,139		4,139
Level 3 inputs:
Loans, net		638,696		635,518		597,278		596,138
Financial liabilities:
Level 2 inputs:
Deposits	$	673,106	$	663,650	$	638,743	$	630,402
Advances from FHLB		27,000		26,997		40,000		40,028
Accrued interest payable		109		109		126		126
Junior subordinated debentures		3,093		3,093		3,093		3,093
Subordinated notes		4,982		4,982		4,981		4,981

Financial Instruments with Off-Balance Sheet Risk (Tables)

6 Months Ended

Jun. 30, 2015

Financial Instruments with Off-Balance Sheet Risk Disclosure [Abstract]

Schedule of the approximate amounts of financial instruments with off-balance sheet risk


	June 30,		December 31,
	2015		2014
Commitments to extend credit	$	203,088	$	144,224
Standby and commercial letters of credit		1,438		818
	$	204,526	$	145,042

Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2015

Employee Benefits

Summary of ESOP shares


	June 30,		December 31,
	2015		2014
Allocated shares		26,105		16,958
Unearned shares		36,935		36,935
Total ESOP shares		63,040		53,893
Fair value of unearned shares	$	552	$	523

Stock Incentive Plans (Tables)

6 Months Ended

Jun. 30, 2015

2010 Stock Option and Equity Incentive Plan

Schedule of assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model


	For the Six Months Ended June 30,
	2015	2014
Dividend yield	—	0.00%
Expected life	—	10 years
Expected volatility	—	5.60%
Risk-free interest rate	—	2.54% to 2.71%

Summary of option activity


	2015
	Nonperformance-based stock options				Performance-based stock options
				Weighted		Weighted		Weighted
	Shares	Weighted		Average	Shares	Average		Average
	Underlying	Exercise		Contractual	Underlying	Exercise		Contractual
	Options	Price		Term	Options	Price		Term
Outstanding at beginning of year	352,500	$	10.14	6.58 years	—	$	—	—
Granted during the period	—		—		—		—
Forfeited during the period	—		—		—		—
Cancelled during the period	—		—		—		—
Exercised during the period	—		—		—		—
Outstanding at the end of period	352,500	$	10.14	6.08 years	—	$	—	—
Options exercisable at end of period	251,700	$	10.07	5.89 years	—	$	—	—
Weighted average fair value of options granted during the period		$	—			$	—


	2014
	Nonperformance-based stock options				Performance-based stock options
				Weighted		Weighted		Weighted
	Shares	Weighted		Average	Shares	Average		Average
	Underlying	Exercise		Contractual	Underlying	Exercise		Contractual
	Options	Price		Term	Options	Price		Term
Outstanding at beginning of year	327,500	$	10.03	7.69 years	422,500	$	10.02	8.0 years
Granted during the period	30,000		11.86		50,000		11.19
Forfeited during the period	—		—		—		—
Exercised during the period	—		—		—		—
Outstanding at the end of period	357,500	$	10.15	7.17 years	472,500	$	10.15	8.0 years
Options exercisable at end of period	181,200	$	10.04	6.71 years	—	$	—	—
Weighted average fair value of options granted during the period		$	1.94			$	2.01

Summary of status of the Company's restricted shares or restricted stock units


	2015			2014
		Weighted			Weighted
		Average			Average
		Grant Date			Grant Date
	Shares	Fair Value		Shares	Fair Value
Nonvested at January 1,	62,250	$	10.86	35,000	$	10.02
Granted during the period	—		—	28,500		11.93
Vested during the period	(20,000)		10.00	—		—
Forfeited during the period	—		—	(250)		10.85
Nonvested at June 30,	42,250	$	11.27	63,250	$	10.88

Omnibus Plan

Schedule of assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model


	For the Six Months Ended June 30,
	2015	2014
Dividend yield	0.00%	—
Expected life	6 years	—
Expected volatility	37.00%	—
Risk-free interest rate	1.81%	—

Summary of option activity


	2015
	Nonperformance-based stock options
				Weighted
	Shares	Weighted		Average
	Underlying	Exercise		Contractual
	Options	Price		Term
Outstanding at beginning of year	—	$	—	—
Granted during the period	44,080		14.17
Forfeited during the period	—		—
Cancelled during the period	—		—
Exercised during the period	—		—
Outstanding at the end of period	44,080	$	14.17	9.52 years
Options exercisable at end of period	—	$	—	—
Weighted average fair value of options granted during the period		$	5.46

Summary of status of the Company's restricted shares or restricted stock units


	2015
		Weighted
		Average
		Grant Date
	Shares	Fair Value
Nonvested at January 1,	82,903	$	13.00
Granted during the period	25,474		14.17
Vested during the period	—		—
Forfeited during the period	—		—
Nonvested at June 30,	108,377	$	13.28

Capital Requirements and Restrictions on Retained Earnings (Tables)

6 Months Ended

Jun. 30, 2015

Capital Requirements and Restrictions on Retained Earnings Disclosure [Abstract]

Schedule of comparison of the Company's and Bank's actual capital amounts and ratios to required capital amounts and ratios


												To Be Well
												Capitalized Under
						For Capital						Prompt Corrective
	Actual					Adequacy Purposes						Action Provisions
	Amount		Ratio			Amount			Ratio			Amount			Ratio
As of June 30, 2015
Total capital (to risk weighted assets)
Company	$	111,743	16.52	%	≥	$	54,113	≥	8.0	%	≥		N/A	≥	N/A
Bank	$	84,645	12.60	%	≥	$	53,737	≥	8.0	%	≥	$	67,172	≥	10.0	%
Tier 1 capital (to risk weighted assets)
Company	$	100,568	14.87	%	≥	$	27,056	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	11.68	%	≥	$	26,869	≥	4.0	%	≥	$	40,303	≥	6.0	%
Common equity tier 1 to risk weighted assets
Company	$	89,475	13.23	%	≥	$	27,056	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	11.68	%	≥	$	26,869	≥	4.0	%	≥	$	33,586	≥	5.0	%
Tier 1 capital (to average assets)
Company	$	100,568	12.82	%	≥	$	31,387	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	78,452	10.00	%	≥	$	31,371	≥	4.0	%	≥	$	39,214	≥	5.0	%
As of December 31, 2014
Total capital (to risk weighted assets)
Company	$	107,197	17.21	%	≥	$	49,814	≥	8.0	%	≥		N/A	≥	N/A
Bank	$	79,616	12.79	%	≥	$	49,788	≥	8.0	%	≥	$	62,235	≥	10.0	%
Tier 1 capital (to risk weighted assets)
Company	$	96,236	15.45	%	≥	$	24,907	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	73,635	11.83	%	≥	$	24,894	≥	4.0	%	≥	$	37,341	≥	6.0	%
Tier 1 capital (to average assets)
Company	$	96,236	12.66	%	≥	$	30,400	≥	4.0	%	≥		N/A	≥	N/A
Bank	$	73,635	9.69	%	≥	$	30,386	≥	4.0	%	≥	$	37,983	≥	5.0	%

Summary of Significant Accounting Policies - Nature of Organization (Details)	6 Months Ended
	Jun. 30, 2015 item
Nature of Organization
Number of Branches	8
Number of mortgage offices	1

Summary of Significant Accounting Policies - IPO (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Oct. 31, 2014	Jun. 30, 2015	Dec. 31, 2014	Sep. 22, 2014
Initial Public Offering [Abstract]
Common stock, shares authorized		75,000,000	75,000,000	75,000,000
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized		10,000,000	10,000,000	10,000,000
Preferred stock, par value (in dollars per share)		$ 0.01	$ 0.01	$ 1.00
Series C preferred stock, shares issued		8,000	8,000	8,000
Initial public offering
Initial Public Offering [Abstract]
Shares of common stock sold and issued	3,105,000
Initial public offering price (in dollars per share)	$ 13.00
Proceeds received, net of offering costs	$ 36.0

Summary of Significant Accounting Policies - Pending Merger (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015 USD ($) location	Jun. 30, 2015 USD ($) item	Dec. 31, 2014 USD ($)
Business Combinations [Abstract]
Total assets	$ 827,140	$ 827,140	$ 802,286
Total loans	638,696	638,696	597,278
Total deposits	$ 673,106	$ 673,106	$ 638,743
IBT
Business Combinations [Abstract]
Number of banking location in the Dallas metropolitan area.	2	2
Total assets	$ 113,700	$ 113,700
Total loans	89,700	89,700
Total deposits	$ 98,300	$ 98,300

Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings (numerator)
Net income for common stockholders	$ 1,856	$ 1,198	$ 3,680	$ 2,156
Less: preferred stock dividends	20	20	40	40
Net income available to common stockholders	$ 1,836	$ 1,178	$ 3,640	$ 2,116
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)	9,448	6,321	9,448	6,231
Dilutive effect of employee stock based awards and warrants	261	131	256	128
Adjusted weighted average shares outstanding	9,709	6,452	9,704	6,359
Earnings per share:
Basic (in dollars per share)	$ 0.19	$ 0.19	$ 0.39	$ 0.34
Diluted (in dollars per share)	$ 0.19	$ 0.18	$ 0.38	$ 0.33

Summary of Significant Accounting Policies - Antidilutive Securities (Details) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Performance-based stock options
Earnings Per Share
Excluded from diluted EPS weighted average shares	466,000	44,080	459,000

Common Stock and Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		6 Months Ended
	Jun. 30, 2015	Jan. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Sep. 22, 2014
Common Stock and Preferred Stock
Common stock, par value (in dollars per share)	$ 0.01		$ 0.01		$ 0.01	$ 0.01
Private offering price (in dollars per share)		$ 10
Total proceeds from issuance of common stock		$ 173
Private offering
Common Stock and Preferred Stock
Maximum number of shares offered		500,000
Common stock, par value (in dollars per share)		$ 0.01
Private offering price (in dollars per share)		$ 10.85
Shares of common stock issued	490,773	17,274
Total proceeds from issuance of common stock	$ 5,325
Offering costs	$ 61		$ 61	$ 61

Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available for Sale securities
Amortized Cost	$ 59,271	$ 44,867
Gross Unrealized Gains	345	417
Gross Unrealized Losses	317	157
Fair Value	59,299	45,127
U.S. government agencies
Available for Sale securities
Amortized Cost	1,876	1,928
Gross Unrealized Losses	22	47
Fair Value	1,854	1,881
Corporate bonds
Available for Sale securities
Amortized Cost		500
Fair Value		500
Municipal securities
Available for Sale securities
Amortized Cost	6,195	965
Gross Unrealized Gains	15	22
Gross Unrealized Losses	97
Fair Value	6,113	987
Mortgage-backed securities
Available for Sale securities
Amortized Cost	39,738	28,588
Gross Unrealized Gains	223	256
Gross Unrealized Losses	158	73
Fair Value	39,803	28,771
Collateralized mortgage obligations
Available for Sale securities
Amortized Cost	10,446	11,752
Gross Unrealized Gains	93	124
Gross Unrealized Losses	40	37
Fair Value	10,499	11,839
Asset-backed securities
Available for Sale securities
Amortized Cost	1,016	1,134
Gross Unrealized Gains	14	15
Fair Value	$ 1,030	$ 1,149

Investment Securities - Unrealized Loss Position (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015 USD ($) item	Dec. 31, 2014 USD ($)
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 31,214	$ 11,728
Less Than 12 Months, Unrealized Loss	257	46
12 Months or More, Fair Value	5,526	7,895
12 Months or More, Unrealized Loss	60	111
Total Fair Value	36,740	19,623
Total Unrealized Loss	$ 317	157
Number of investment positions in an unrealized loss position \| item	31
U.S. government agencies
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 499
Less Than 12 Months, Unrealized Loss	1
12 Months or More, Fair Value	1,355	1,881
12 Months or More, Unrealized Loss	21	47
Total Fair Value	1,854	1,881
Total Unrealized Loss	22	47
Municipal securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	5,119
Less Than 12 Months, Unrealized Loss	97
Total Fair Value	5,119
Total Unrealized Loss	97
Mortgage-backed securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	21,763	10,148
Less Than 12 Months, Unrealized Loss	142	39
12 Months or More, Fair Value	2,772	3,572
12 Months or More, Unrealized Loss	16	34
Total Fair Value	24,535	13,720
Total Unrealized Loss	158	73
Collateralized mortgage obligations
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	3,833	1,580
Less Than 12 Months, Unrealized Loss	17	7
12 Months or More, Fair Value	1,399	2,442
12 Months or More, Unrealized Loss	23	30
Total Fair Value	5,232	4,022
Total Unrealized Loss	$ 40	$ 37

Investment Securities - Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized costs of securities available for sale, by contractual maturity
Due in one year or less	$ 980	$ 500
Due from one year to five years	1,430	1,930
Due from five years to ten years	1,331	963
Due after ten years	4,330
Total investment securities available for sale, single maturity date	8,071	3,393
Total investment securities available for sale, amortized cost basis	59,271	44,867
Estimated fair values of securities available for sale, by contractual maturity
Due in one year or less	995	500
Due from one year to five years	1,419	1,932
Due from five years to ten years	1,315	936
Due after ten years	4,238
Total investment securities available for sale	7,967	3,368
Total investment securities available for sale, fair value	59,299	45,127
Mortgage-backed securities
Amortized costs of securities available for sale, by contractual maturity
Amortized Cost	39,738	28,588
Estimated fair values of securities available for sale, by contractual maturity
Fair Value	39,803	28,771
Collateralized mortgage obligations
Amortized costs of securities available for sale, by contractual maturity
Amortized Cost	10,446	11,752
Estimated fair values of securities available for sale, by contractual maturity
Fair Value	10,499	11,839
Asset-backed securities
Amortized costs of securities available for sale, by contractual maturity
Amortized Cost	1,016	1,134
Estimated fair values of securities available for sale, by contractual maturity
Fair Value	$ 1,030	$ 1,149

Investment Securities - Proceeds and Gross Gains/Losses (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Proceeds from sales of investment securities available for sale and gross gains and losses
Proceeds from sales	$ 3,778	$ 981
Gross realized gains	$ 7	$ 34

Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Loans and Allowance for Loan Losses
Loans, gross	$ 644,938	$ 603,310
Deferred loan fees	(49)	(51)
Allowance for loan losses	(6,193)	(5,981)	$ (5,516)	$ (5,018)
Loans, net	638,696	597,278
Accretable discount related to loans acquired within a business combination	126	185
Construction and land
Loans and Allowance for Loan Losses
Loans, gross	84,612	69,966
Farmland
Loans and Allowance for Loan Losses
Loans, gross	11,796	10,528
1 - 4 family residential
Loans and Allowance for Loan Losses
Loans, gross	121,734	105,788
Multi-family residential
Loans and Allowance for Loan Losses
Loans, gross	8,206	9,964
Nonfarm nonresidential
Loans and Allowance for Loan Losses
Loans, gross	213,435	195,839
Allowance for loan losses	(2,064)	(1,890)	(1,780)	(1,726)
Commercial
Loans and Allowance for Loan Losses
Loans, gross	201,712	207,101
Allowance for loan losses	(2,027)	(2,092)	(1,772)	(1,585)
Consumer
Loans and Allowance for Loan Losses
Loans, gross	3,443	4,124
Allowance for loan losses	$ (53)	$ (64)	$ (63)	$ (77)

Loans and Allowance for Loan Losses - Nonaccrual (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 312	$ 436
Nonfarm nonresidential
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans		375
Commercial
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	288	34
Consumer
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 24	$ 27

Loans and Allowance for Loan Losses - Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
30-59 Days	$ 616	$ 556
60-89 Days	262	409
90 Days or Greater		541
Total Past Due	878	1,506
Total Current	644,060	601,804
Total Loans	644,938	603,310
Construction and land
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
30-59 Days		12
90 Days or Greater		541
Total Past Due		553
Total Current	84,612	69,413
Total Loans	84,612	69,966
Farmland
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Current	11,796	10,528
Total Loans	11,796	10,528
1 - 4 family residential
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
30-59 Days	493	512
Total Past Due	493	512
Total Current	121,241	105,276
Total Loans	121,734	105,788
Multi-family residential
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
Total Current	8,206	9,964
Total Loans	8,206	9,964
Nonfarm nonresidential
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
60-89 Days		375
Total Past Due		375
Total Current	213,435	195,464
Total Loans	213,435	195,839
Commercial
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
30-59 Days	119	6
60-89 Days	262	34
Total Past Due	381	40
Total Current	201,331	207,061
Total Loans	201,712	207,101
Consumer
Age analysis of past due loans, excluding purchased credit impaired loans, aggregated by class of loans
30-59 Days	4	26
Total Past Due	4	26
Total Current	3,439	4,098
Total Loans	$ 3,443	$ 4,124

Loans and Allowance for Loan Losses - Imparied Loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Impaired Loans
Unpaid Contractual Principal Balance	$ 1,765	$ 2,334
Recorded Investment with No Allowance	1,455	1,445
Recorded Investment with Allowance	310	611
Total Recorded Investment	1,765	2,056
Related Allowance	119	87
Average Recorded Investment During Year	1,687	2,201
Construction and land
Impaired Loans
Unpaid Contractual Principal Balance		819
Recorded Investment with Allowance		541
Total Recorded Investment		541
Related Allowance		44
Average Recorded Investment During Year	21	611
1 - 4 family residential
Impaired Loans
Unpaid Contractual Principal Balance	167	168
Recorded Investment with No Allowance	167	168
Total Recorded Investment	167	168
Average Recorded Investment During Year	168	205
Nonfarm nonresidential
Impaired Loans
Unpaid Contractual Principal Balance	1,100	1,086
Recorded Investment with No Allowance	1,100	1,086
Total Recorded Investment	1,100	1,086
Average Recorded Investment During Year	1,104	980
Commercial
Impaired Loans
Unpaid Contractual Principal Balance	472	223
Recorded Investment with No Allowance	183	183
Recorded Investment with Allowance	289	40
Total Recorded Investment	472	223
Related Allowance	109	30
Average Recorded Investment During Year	366	361
Consumer
Impaired Loans
Unpaid Contractual Principal Balance	26	38
Recorded Investment with No Allowance	5	8
Recorded Investment with Allowance	21	30
Total Recorded Investment	26	38
Related Allowance	10	13
Average Recorded Investment During Year	$ 28	$ 44

Loans and Allowance for Loan Losses - Trouble Debt Restructuring (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015 USD ($) loan	Dec. 31, 2014 USD ($) loan
Troubled Debt Restructuring
Recorded investment in TDRs	$ 1,762	$ 1,677
Number of Loans \| loan	2	2
Pre-Modification Outstanding Recorded Investment	$ 667	$ 17
Post-Modification Outstanding Recorded Investment
Extended Maturity		11
Extended Maturity and Restructured Payments	261	$ 6
Extended Maturity, Restructured Payments and Adjusted Interest Rate	$ 395
Nonfarm nonresidential
Troubled Debt Restructuring
Number of Loans \| loan	1
Pre-Modification Outstanding Recorded Investment	$ 399
Post-Modification Outstanding Recorded Investment
Extended Maturity, Restructured Payments and Adjusted Interest Rate	$ 395
Commercial
Troubled Debt Restructuring
Number of Loans \| loan	1
Pre-Modification Outstanding Recorded Investment	$ 268
Post-Modification Outstanding Recorded Investment
Extended Maturity and Restructured Payments	$ 261
Consumer
Troubled Debt Restructuring
Number of Loans \| loan		2
Pre-Modification Outstanding Recorded Investment		$ 17
Post-Modification Outstanding Recorded Investment
Extended Maturity		11
Extended Maturity and Restructured Payments		$ 6

Loans and Allowance for Loan Losses - TDR's additional information (Details) - loan	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Loans and Allowance for Loan Losses
Number of loans restructured performing as agreed to modified terms	2
Number of loans modified as a troubled debt restructured loan within previous 12 months and for which there was a payment default	0	1
Period of time payment is past due for trouble debt restructuring to be default.	90 days

Loans and Allowance for Loan Losses - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Credit Quality Indicators
Loans	$ 644,938	$ 603,310
Pass
Credit Quality Indicators
Loans	642,529	600,773
Special Mention
Credit Quality Indicators
Loans	1,458	672
Substandard
Credit Quality Indicators
Loans	951	1,865
Construction and land
Credit Quality Indicators
Loans	84,612	69,966
Construction and land \| Pass
Credit Quality Indicators
Loans	84,534	69,425
Construction and land \| Substandard
Credit Quality Indicators
Loans	78	541
Farmland
Credit Quality Indicators
Loans	11,796	10,528
Farmland \| Pass
Credit Quality Indicators
Loans	11,796	10,528
1 - 4 family residential
Credit Quality Indicators
Loans	121,734	105,788
1 - 4 family residential \| Pass
Credit Quality Indicators
Loans	121,564	105,786
1 - 4 family residential \| Substandard
Credit Quality Indicators
Loans	170	2
Multi-family residential
Credit Quality Indicators
Loans	8,206	9,964
Multi-family residential \| Pass
Credit Quality Indicators
Loans	8,206	9,964
Nonfarm nonresidential
Credit Quality Indicators
Loans	213,435	195,839
Nonfarm nonresidential \| Pass
Credit Quality Indicators
Loans	212,943	195,464
Nonfarm nonresidential \| Special Mention
Credit Quality Indicators
Loans	395
Nonfarm nonresidential \| Substandard
Credit Quality Indicators
Loans	97	375
Commercial
Credit Quality Indicators
Loans	201,712	207,101
Commercial \| Pass
Credit Quality Indicators
Loans	200,069	205,681
Commercial \| Special Mention
Credit Quality Indicators
Loans	1,063	672
Commercial \| Substandard
Credit Quality Indicators
Loans	580	748
Consumer
Credit Quality Indicators
Loans	3,443	4,124
Consumer \| Pass
Credit Quality Indicators
Loans	3,417	3,925
Consumer \| Substandard
Credit Quality Indicators
Loans	$ 26	$ 199

Loans and Allowance for Loan Losses - Allowance (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Analysis of allowance for loan losses
Balance at beginning of year	$ 5,981	$ 5,018	$ 5,018
Provision charged to earnings	258	677	1,423
Charge-offs	(102)	(204)	(510)
Recoveries	56	25	50
Net charge-offs	(46)	(179)	(460)
Balance at end of year	6,193	5,516	5,981
Specific Reserves:
Impaired loans				$ 119	$ 87	$ 100
Total specific reserves				119	87	100
General reserves				6,074	5,894	5,416
Total	5,981	5,018	5,018	$ 6,193	$ 5,981	$ 5,516
Allowance for loan losses				0.96%	0.99%	1.02%
Construction land and Farmland
Analysis of allowance for loan losses
Balance at beginning of year	769	660	660
Provision charged to earnings	93	69	137
Charge-offs	(48)	(28)	(28)
Net charge-offs	(48)	(28)	(28)
Balance at end of year	814	701	769
Specific Reserves:
Impaired loans					$ 44	$ 34
Total specific reserves					44	34
General reserves				$ 814	725	667
Total	769	660	660	814	769	701
Residential
Analysis of allowance for loan losses
Balance at beginning of year	1,166	970	970
Provision charged to earnings	69	260	226
Charge-offs		(30)	(30)
Net charge-offs		(30)	(30)
Balance at end of year	1,235	1,200	1,166
Specific Reserves:
General reserves				1,235	1,166	1,200
Total	1,166	970	970	1,235	1,166	1,200
Nonfarm nonresidential
Analysis of allowance for loan losses
Balance at beginning of year	1,890	1,726	1,726
Provision charged to earnings	169	54	162
Recoveries	5		2
Net charge-offs	5		2
Balance at end of year	2,064	1,780	1,890
Specific Reserves:
General reserves				2,064	1,890	1,780
Total	1,890	1,726	1,726	2,064	1,890	1,780
Commercial
Analysis of allowance for loan losses
Balance at beginning of year	2,092	1,585	1,585
Provision charged to earnings	(65)	311	909
Charge-offs	(50)	(146)	(448)
Recoveries	50	22	46
Net charge-offs		(124)	(402)
Balance at end of year	2,027	1,772	2,092
Specific Reserves:
Impaired loans				109	30	52
Total specific reserves				109	30	52
General reserves				1,918	2,062	1,720
Total	2,092	1,585	1,585	2,027	2,092	1,772
Consumer
Analysis of allowance for loan losses
Balance at beginning of year	64	77	77
Provision charged to earnings	(8)	(17)	(11)
Charge-offs	(4)		(4)
Recoveries	1	3	2
Net charge-offs	(3)	3	(2)
Balance at end of year	53	63	64
Specific Reserves:
Impaired loans				10	13	14
Total specific reserves				10	13	14
General reserves				43	51	49
Total	$ 64	$ 77	$ 77	$ 53	$ 64	$ 63

Loans and Allowance for Loan Losses - Allowance, Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance, impairment methodology
Loans individually evaluated for impairment	$ 1,765	$ 2,056
Loans collectively evaluated for impairment	643,173	601,254
Total Loans	644,938	603,310
Construction land and Farmland
Allowance, impairment methodology
Loans individually evaluated for impairment		541
Loans collectively evaluated for impairment	96,408	79,953
Total Loans	96,408	80,494
Residential
Allowance, impairment methodology
Loans individually evaluated for impairment	167	168
Loans collectively evaluated for impairment	129,773	115,584
Total Loans	129,940	115,752
Nonfarm nonresidential
Allowance, impairment methodology
Loans individually evaluated for impairment	1,100	1,086
Loans collectively evaluated for impairment	212,335	194,753
Total Loans	213,435	195,839
Commercial
Allowance, impairment methodology
Loans individually evaluated for impairment	472	223
Loans collectively evaluated for impairment	201,240	206,878
Total Loans	201,712	207,101
Consumer
Allowance, impairment methodology
Loans individually evaluated for impairment	26	38
Loans collectively evaluated for impairment	3,417	4,086
Total Loans	$ 3,443	$ 4,124

Loans and Allowance for Loan Losses - Purchased Credit Impaired Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015 loan	Jun. 30, 2014 loan	Dec. 31, 2014 USD ($) loan
Purchased Credit Impaired Loans
Carrying amount \| $			$ 541
Number of purchased credit impaired loans acquired	0	0
Loan acquired using cost recovery method
Number of purchased credit impaired loans accounted for using cost recovery method			1

Income Taxes (Details) - USD ($) $ in Thousands	6 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Components of Deferred Tax Assets and Liabilities [Abstract]
Estimated Annual Effective Tax Rate	33.0	35.6
Effective tax rate (as a percent)	29.40%	35.60%
Discrete tax credit related to non-qualified stock options	$ 186	$ 0
Current tax receivable	287
Other assets.
Components of Deferred Tax Assets and Liabilities [Abstract]
Net deferred tax asset	$ 1,648		$ 1,385
Current tax liability			$ 89

Commitments and Contingencies (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Leases
Rental expense on operating lease	$ 721	$ 721

Other Non-interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Non-interest Expense
Business development	$ 90	$ 130	$ 191	$ 191
Office and postage	73	52	213	109
Director fees	33	24	68	44
Insurance	30	17	60	42
Security	26	28	47	62
Charitable contributions and donations	76	31	153	97
Travel	9	11	17	16
Training	9	14	18	24
Other	223	176	459	371
Total	$ 569	$ 483	$ 1,226	$ 956

Fair Value Disclosures - Recurring Basis (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Assets measured at fair value
Investment securities available for sale	$ 59,299	$ 45,127
Recurring
Assets measured at fair value
Investment securities available for sale	59,299	45,127
Liabilities measured at fair value	0	0
Transfer of assets from Level 2 to Level 3	0	0
Transfer of assets from Level 3 to Level 2	0	0
Recurring \| Level 2
Assets measured at fair value
Investment securities available for sale	$ 59,299	$ 45,127

Fair Value Disclosures - Non-recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets measured at fair value
Impaired loans, carrying value	$ 1,765	$ 2,056
Impaired loans, specific allowance	119	87
Non-recurring
Assets measured at fair value
Impaired loans	1,765	2,056
Other real estate owned	493	50
Liabilities measured at fair value	0	0
Non-recurring \| Level 3
Assets measured at fair value
Impaired loans	1,765	2,056
Other real estate owned	$ 493	$ 50

Fair Value Disclosures - Level 3 (Details) - Collateral Method - Level 3 - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Impaired loans
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 1,765	$ 2,056
Weighted Average (as a percent)	8.00%	8.00%
Other real estate owned, net
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 493	$ 50
Weighted Average (as a percent)	8.00%	8.00%

Fair Value Disclosures - Financial Instruments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Estimated fair values and carrying values of all financial instruments
Maximum maturity period for Federal Home Loan Bank advances recorded at carrying value	90 days
Financial assets:
Securities available for sale	$ 59,299	$ 45,127
Financial liabilities:
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,982	4,981
Level 2 \| Carrying Amount
Financial assets:
Cash and cash equivalents	63,269	93,251
Securities available for sale	59,299	45,127
Loans held for sale	2,127	8,858
Accrued interest receivable	1,557	1,542
Bank-owned life insurance	18,115	17,822
Non-marketable equity securities	3,970	4,139
Financial liabilities:
Deposits	673,106	638,743
Advances from FHLB	27,000	40,000
Accrued interest payable	109	126
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,982	4,981
Level 2 \| Total Fair Value
Financial assets:
Cash and cash equivalents	63,269	93,251
Securities available for sale	59,299	45,127
Loans held for sale	2,127	8,858
Accrued interest receivable	1,557	1,542
Bank-owned life insurance	18,115	17,822
Non-marketable equity securities	3,970	4,139
Financial liabilities:
Deposits	663,650	630,402
Advances from FHLB	26,997	40,028
Accrued interest payable	109	126
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,982	4,981
Level 3 \| Carrying Amount
Financial assets:
Loans, net	638,696	597,278
Level 3 \| Total Fair Value
Financial assets:
Loans, net	$ 635,518	$ 596,138

Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial instruments with off-balance sheet risk
Total commitments	$ 204,526	$ 145,042
Commitments to extend credit
Financial instruments with off-balance sheet risk
Total commitments	203,088	144,224
Standby and commercial letters of credit
Financial instruments with off-balance sheet risk
Total commitments	$ 1,438	$ 818

Employee Benefits (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
Employee Benefits (Details) - USD ($) $ in Thousands	Jan. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
ESOP
Matching contributions to 401(k) profit sharing Plan		$ 0	$ 0
Summary of ESOP shares
Allocated shares		26,105		16,958
Unearned shares		36,935		36,935
Total ESOP shares		63,040		53,893
Fair value of unearned shares		$ 552		$ 523
ESOP
ESOP
Amount borrowed	$ 500
Shares purchased	46,082
Compensation expense		$ 90	$ 90

Stock and Incentive Plan - 2010 Plan (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2010
2010 Stock Option and Equity Incentive Plan
Stock and Incentive Plans
Number of shares authorized			1,000,000
Stock based compensation expense	$ 92	$ 165
Restricted shares \| 2010 Stock Option and Equity Incentive Plan
Stock and Incentive Plans
Number of shares authorized			100,000
Term of continuous service for vesting awards	4 years
Number of shares awarded under stock options		28,500
Stock option \| 2010 Stock Option and Equity Incentive Plan
Stock and Incentive Plans
Number of shares authorized			900,000
Term of continuous service for vesting awards	5 years
Contractual terms for non-controlling participants	10 years
Performance-based stock options \| 2010 Stock Option and Equity Incentive Plan
Stock and Incentive Plans
Number of shares authorized			500,000
Number of shares awarded under stock options		50,000
Nonperformance-based stock options
Stock and Incentive Plans
Number of shares awarded under stock options	44,080
Nonperformance-based stock options \| 2010 Stock Option and Equity Incentive Plan
Stock and Incentive Plans
Number of shares awarded under stock options		30,000

Stock and Incentive Plan - 2010 Plan - Black Scholes Assumptions (Details) - 2010 Stock Option and Equity Incentive Plan	6 Months Ended
	Jun. 30, 2014
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Dividend yield (as a percent)	0.00%
Expected life	10 years
Expected volatility (as a percent)	5.60%
Risk-free interest rate, minimum (as a percent)	2.54%
Risk-free interest rate, maximum (as a percent)	2.71%

Stock and Incentive Plan - 2010 Plan - Options (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
2010 Stock Option and Equity Incentive Plan
Additional disclosures
Stock based compensation expense	$ 92	$ 165
Performance-based stock options \| 2010 Stock Option and Equity Incentive Plan
Shares Underlying Options activity
Outstanding at beginning of period (in shares)		422,500	422,500
Granted during the period (in shares)		50,000
Outstanding at the end of period (in shares)		472,500		422,500
Activity in weighted exercise price
Outstanding at beginning of period (in dollars per share)		$ 10.02	$ 10.02
Granted during the period (in dollars per share)		11.19
Outstanding at the end of period (in dollars per share)		10.15		$ 10.02
Weighted average fair value of options granted during the period (in dollars per share)		$ 2.01
Weighted Average Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2				8 years
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2				8 years
Options exercisable at end of period		8 years
Additional disclosures
Aggregate intrinsic value of outstanding stock options (in dollars)	0	$ 1,300
Aggregate intrinsic value of exercisable stock options (in dollars)	0	$ 0
Unrecognized compensation expense (in dollars)	$ 0
Nonperformance-based stock options
Shares Underlying Options activity
Granted during the period (in shares)	44,080
Outstanding at the end of period (in shares)	44,080
Activity in weighted exercise price
Granted during the period (in dollars per share)	$ 14.17
Outstanding at the end of period (in dollars per share)	14.17
Weighted average fair value of options granted during the period (in dollars per share)	$ 5.46
Weighted Average Contractual Term
Options exercisable at end of period	9 years 6 months 7 days
Nonperformance-based stock options \| 2010 Stock Option and Equity Incentive Plan
Shares Underlying Options activity
Outstanding at beginning of period (in shares)	352,500	327,500	327,500
Granted during the period (in shares)		30,000
Outstanding at the end of period (in shares)	352,500	357,500	352,500	327,500
Options exercisable at end of period (in shares)	251,700	181,200
Activity in weighted exercise price
Outstanding at beginning of period (in dollars per share)	$ 10.14	$ 10.03	$ 10.03
Granted during the period (in dollars per share)		11.86
Outstanding at the end of period (in dollars per share)	10.14	10.15	$ 10.14	$ 10.03
Options exercisable at end of period (in dollars per share)	$ 10.07	10.04
Weighted average fair value of options granted during the period (in dollars per share)		$ 1.94
Weighted Average Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	6 years 29 days	7 years 2 months 1 day	6 years 6 months 29 days	7 years 8 months 9 days
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	6 years 29 days	7 years 2 months 1 day	6 years 6 months 29 days	7 years 8 months 9 days
Options exercisable at end of period	5 years 10 months 21 days	6 years 8 months 16 days
Additional disclosures
Aggregate intrinsic value of outstanding stock options (in dollars)	$ 1,692	$ 983
Aggregate intrinsic value of exercisable stock options (in dollars)	$ 1,226	518
Requisite service period to recognize compensation cost	1 year 5 months 12 days
Unrecognized compensation expense (in dollars)	$ 143	$ 343

Stock and Incentive Plan - 2010 Plan - Restricted Stock Units (Details) - Restricted shares - 2010 Stock Option and Equity Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Activity in shares
Nonvested at the beginning of the period (in shares)	62,250	35,000
Granted (in shares)		28,500
Vested (in shares)	(20,000)
Forfeited (in shares)		(250)
Nonvested at the end of the period (in shares)	42,250	63,250
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 10.86	$ 10.02
Granted (in dollars per share)		11.93
Vested (in dollars per share)	10.00
Forfeited (in dollars per share)		(10.85)
Nonvested at the end of the period (in dollars per share)	$ 11.27	$ 10.88
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 230		$ 369
Requisite service period to recognize compensation cost	2 years 26 days

Stock and Incentive Plan - Omnibus Plan (Details) - Omnibus Plan - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Stock and Incentive Plans
Number of shares authorized	1,000,000
Restricted stock units
Stock and Incentive Plans
Units granted to employees and directors	25,474	0
Stock option
Stock and Incentive Plans
Units granted to employees and directors	44,080	0
Options vesting period	3 years

Stock and Incentive Plan - Omnibus Plan Black Scholes Assumptions- (Details) - Omnibus Plan	6 Months Ended
	Jun. 30, 2015
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Dividend yield (as a percent)	0.00%
Expected life	6 years
Expected volatility (as a percent)	37.00%
Risk-free interest rate (as a percent)	1.81%

Stock and Incentive Plan - Omnibus Plan - Options (Details) - Nonperformance-based stock options $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015 USD ($) $ / shares shares
Shares Underlying Options activity
Granted during the period (in shares) \| shares	44,080
Outstanding at the end of period (in shares) \| shares	44,080
Activity in weighted exercise price
Granted during the period (in dollars per share)	$ 14.17
Outstanding at the end of period (in dollars per share)	14.17
Weighted average fair value of options granted during the period (in dollars per share)	$ 5.46
Weighted Average Contractual Term
Options exercisable at end of period	9 years 6 months 7 days
Omnibus Plan
Additional disclosures
Aggregate intrinsic value of outstanding stock options (in dollars) \| $	$ 34

Stock and Incentive Plan - Omnibus Plan - Restricted Stock Units (Details) - Omnibus Plan $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015 USD ($) $ / shares shares
Restricted stock units
Activity in shares
Nonvested at the beginning of the period (in shares) \| shares	82,903
Granted (in shares) \| shares	25,474
Nonvested at the end of the period (in shares) \| shares	108,377
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share) \| $ / shares	$ 13.00
Granted (in dollars per share) \| $ / shares	14.17
Nonvested at the end of the period (in dollars per share) \| $ / shares	$ 13.28
Additional disclosures
Stock based compensation expense	$ 145
Unrecognized compensation expense (in dollars)	$ 995
Requisite service period to recognize compensation cost	3 years 11 months 19 days
Stock option
Additional disclosures
Stock based compensation expense	$ 36
Unrecognized compensation expense (in dollars)	$ 183
Requisite service period to recognize compensation cost	2 years 6 months 4 days

Preferred Stock (Details) $ / shares in Units, $ in Thousands		1 Months Ended	6 Months Ended
	Aug. 25, 2011 USD ($) item shares	Jun. 30, 2015 $ / shares	Jun. 30, 2014 USD ($)	Dec. 31, 2014 $ / shares
Preferred Stock
Shares issued pursuant to SBLF program, value \| $			$ 5,438
Liquidation amount (in dollars per share) \| $ / shares		$ 1,000		$ 1,000
SBLF Preferred Stock
Preferred Stock
Number of quarters during which dividend rate fluctuates \| item	10
Number of dividend payment defaults triggering appointment of a representative as an observer on the Company's Board of Directors \| item	5
Redemption price as a percentage of liquidation amount plus accrued but unpaid dividends		100.00%
Liquidation amount (in dollars per share) \| $ / shares		$ 1,000
SBLF Purchase Agreement \| SBLF Preferred Stock \| Initial dividend period
Preferred Stock
Dividend rate (as a percent)	1.00%
SBLF Purchase Agreement \| SBLF Preferred Stock \| Dividend period for tenth calendar quarter through four and one half years after issuance
Preferred Stock
Dividend rate (as a percent)		1.00%
Dividend period used in setting dividend rate	4 years 6 months
SBLF Purchase Agreement \| SBLF Preferred Stock \| Dividend period after four and one half years from issuance
Preferred Stock
Dividend rate (as a percent)	9.00%
Dividend period used in setting dividend rate	4 years 6 months
Quarterly lending incentive fee (as a percent)	0.50%
SBLF Purchase Agreement \| SBLF Preferred Stock \| Secretary of the Treasury
Preferred Stock
Shares issued pursuant to SBLF program \| shares	8,000
Shares issued pursuant to SBLF program, value \| $	$ 8,000

Capital Requirements and Restrictions on Retained Earnings (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Total capital (to risk weighted assets)
Actual Amount	$ 111,743,000	$ 107,197,000
Actual Ratio (as a percent)	16.52%	17.21%
For Capital Adequacy Purposes Amount	$ 54,113,000	$ 49,814,000
For Capital Adequacy Purposes Ratio (as a percent)	8.00%	8.00%
Tier 1 capital (to risk weighted assets)
Actual Amount	$ 100,568,000	$ 96,236,000
Actual Ratio (as a percent)	14.87%	15.45%
For Capital Adequacy Purposes Amount	$ 27,056,000	$ 24,907,000
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
Common equity tier 1 to risk weighted assets
Actual Amount	$ 89,475,000
Actual Ratio (as a percent)	13.23
For Capital Adequacy Purposes Amount	$ 27,056,000
For Capital Adequacy Purposes Amount (as a percent)	4.00%
Tier 1 capital (to average assets)
Actual Amount	$ 100,568,000	$ 96,236,000
Actual Ratio (as a percent)	12.82%	12.66%
For Capital Adequacy Purposes Amount	$ 31,387,000	$ 30,400,000
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
Bank
Total capital (to risk weighted assets)
Actual Amount	$ 84,645,000	$ 79,616,000
Actual Ratio (as a percent)	12.60%	12.79%
For Capital Adequacy Purposes Amount	$ 53,737,000	$ 49,788,000
For Capital Adequacy Purposes Ratio (as a percent)	8.00%	8.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 67,172,000	$ 62,235,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	10.00%	10.00%
Tier 1 capital (to risk weighted assets)
Actual Amount	$ 78,452,000	$ 73,635,000
Actual Ratio (as a percent)	11.68%	11.83%
For Capital Adequacy Purposes Amount	$ 26,869,000	$ 24,894,000
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 40,303,000	$ 37,341,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	6.00%	6.00%
Common equity tier 1 to risk weighted assets
Actual Amount	$ 78,452,000
Actual Ratio (as a percent)	11.68
For Capital Adequacy Purposes Amount	$ 26,869,000
For Capital Adequacy Purposes Amount (as a percent)	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 33,586,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	5.0
Tier 1 capital (to average assets)
Actual Amount	$ 78,452,000	$ 73,635,000
Actual Ratio (as a percent)	10.00%	9.69%
For Capital Adequacy Purposes Amount	$ 31,371,000	$ 30,386,000
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 39,214,000	$ 37,983,000
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	5.00%	5.00%

Subsequent Events (Details) $ in Thousands		6 Months Ended
Subsequent Events (Details) $ in Thousands	Jul. 01, 2015 USD ($) shares	Jun. 30, 2015 USD ($) location	Jun. 30, 2015 USD ($) item	Dec. 31, 2014 USD ($)
Subsequent Events
Total assets		$ 827,140	$ 827,140	$ 802,286
Total loans		638,696	638,696	597,278
Total deposits		$ 673,106	$ 673,106	$ 638,743
IBT
Subsequent Events
Number of banking location in the Dallas metropolitan area.		2	2
Total assets		$ 113,700	$ 113,700
Total loans		89,700	89,700
Total deposits		$ 98,300	$ 98,300
Subsequent event \| IBT
Subsequent Events
Number of common stock issues \| shares	1,185,185
Payments in cash	$ 4,000