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Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
Document and Entity Information - USD ($) $ in Thousands	Dec. 31, 2016	Mar. 09, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Veritex Holdings, Inc.
Entity Central Index Key	0001501570
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 134,350
Entity Common Stock, Shares Outstanding		15,224,950
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	FY

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 15,631	$ 10,989
Interest bearing deposits in other banks	219,160	60,562
Total cash and cash equivalents	234,791	71,551
Investment securities	102,559	75,813
Loans held for sale	5,208	2,831
Loans, net of allowance for loan losses of $8,524 and $6,772, respectively	983,318	813,733
Accrued interest receivable	2,907	2,216
Bank-owned life insurance	20,077	19,459
Bank premises, furniture and equipment, net	17,413	17,449
Non-marketable equity securities	7,366	4,167
Investment in unconsolidated subsidiary	93	93
Other real estate owned	662	493
Intangible assets, net of accumulated amortization of $2,198 and $1,605, respectively	2,181	2,410
Goodwill	26,865	26,865
Other assets	5,067	2,471
Total assets	1,408,507	1,039,551
Deposits:
Noninterest-bearing	327,614	301,367
Interest-bearing	792,016	567,043
Total deposits	1,119,630	868,410
Accounts payable and accrued expenses	2,914	1,776
Accrued interest payable and other liabilities	534	848
Advances from Federal Home Loan Bank	38,306	28,444
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,942	4,934
Total liabilities	1,169,419	907,505
Commitments and contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $0.01 par value; 10,000,000 shares authorized at December 31, 2016 and December 31, 2015, no shares issued and outstanding	0	0
Common stock, $0.01 par value; 75,000,000 shares authorized at December 31, 2016 and December 31, 2015; 15,195,328 and 10,712,472 shares issued and outstanding at December 31, 2016 and December 31, 2015, (excluding 10,000 shares held in treasury)	152	107
Additional paid-in capital	211,173	115,721
Retained earnings	29,290	16,739
Unallocated Employee Stock Ownership Plan shares; 18,783 and 27,993 shares at December 31, 2016 and 2015, respectively	(209)	(309)
Accumulated other comprehensive loss	(1,248)	(142)
Treasury stock, 10,000 shares at cost	(70)	(70)
Total stockholders’ equity	239,088	132,046
Total liabilities and stockholders’ equity	$ 1,408,507	$ 1,039,551

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 8,524	$ 6,772
Accumulated amortization	$ 2,198	$ 1,605
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
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	15,195,328	10,712,472
Common stock, shares outstanding	15,195,328	10,712,472
Unallocated Employee Stock Ownership Plan shares	18,783	27,993
Treasury stock, shares	10,000	10,000

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest income:
Interest and fees on loans	$ 44,681	$ 33,680	$ 27,236
Interest on investment securities	1,409	997	839
Interest on deposits in other banks	503	241	182
Interest on other	2	2	2
Total interest income	46,595	34,920	28,259
Interest expense:
Interest on deposit accounts	4,988	2,918	2,421
Interest on borrowings	652	543	498
Total interest expense	5,640	3,461	2,919
Net interest income	40,955	31,459	25,340
Provision for loan losses	2,050	868	1,423
Net interest income after provision for loan losses	38,905	30,591	23,917
Noninterest income:
Service charges and fees on deposit accounts	1,846	1,326	1,099
Gain on sales of investment securities	15	7	34
Gain on sales of loans	3,288	1,254	641
Gain on sales of other assets owned	0	19	10
Bank-owned life insurance	771	747	427
Other	583	351	285
Total noninterest income	6,503	3,704	2,496
Noninterest expense:
Salaries and employee benefits	14,332	11,265	10,037
Occupancy and equipment	3,667	3,477	3,246
Professional fees	2,804	2,023	1,382
Data processing and software expense	1,158	1,216	1,041
FDIC assessment fees	661	448	421
Marketing	983	799	588
Other assets owned expenses and write-downs	163	53	211
Amortization of intangibles	380	338	295
Telephone and communications	402	263	226
Other	1,840	1,506	1,056
Total noninterest expense	26,390	21,388	18,503
Net income from operations	19,018	12,907	7,910
Income tax expense	6,467	4,117	2,705
Net income	12,551	8,790	5,205
Preferred stock dividends	0	98	80
Net income allocated to common stockholders	$ 12,551	$ 8,692	$ 5,125
Basic earnings per share (in dollars per share)	$ 1.16	$ 0.86	$ 0.73
Diluted earnings per share (in dollars per share)	$ 1.13	$ 0.84	$ 0.72

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 12,551	$ 8,790	$ 5,205
Other comprehensive income (loss):
Unrealized (losses) gains on securities available for sale arising during the period, net	(1,661)	(469)	255
Reclassification adjustment for net gains included in net income	15	7	34
Other comprehensive (losses) income before tax	(1,676)	(476)	221
Income tax (benefit) expense	(570)	(162)	75
Other comprehensive (loss) income, net of tax	(1,106)	(314)	146
Comprehensive income	$ 11,445	$ 8,476	$ 5,351

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Private offering	Initial public offering	Preferred Stock	Common Stock	Common Stock Private offering	Common Stock Initial public offering	Additional Paid-In Capital	Additional Paid-In Capital Private offering	Additional Paid-In Capital Initial public offering	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unallocated Employee Stock Ownership Plan Shares	Treasury Stock
Stockholders' equity, beginning balance at Dec. 31, 2013	$ 66,239			$ 8,000	$ 58			$ 55,303			$ 2,922	$ 26		$ (70)
Stockholders' equity, beginning 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		$ 5,438	$ 35,791			$ 6	$ 31		$ 5,432	$ 35,760
Sale of common stock in private offering, net offering cost of $61 (in shares)						508,047	3,105,000
Preferred stock dividend Series C	(80)										(80)
Sale and finance of stock to ESOP	(500)							500					$ (500)
Sale and finance of stock to ESOP (in shares)					46,082
ESOP shares allocated	118							19					99
Issuance of shares to Directors related to vesting of restricted stock units (in shares)					7,000
Stock based compensation	455							455
Net income	5,205										5,205
Other comprehensive income (loss)	146											146
Issuance of stock to ESOP	0
Stockholders' equity, ending balance at Dec. 31, 2014	113,312			8,000	$ 95			97,469			8,047	172	(401)	(70)
Stockholders' equity, ending balance (in shares) at Dec. 31, 2014					9,470,832
Increase (Decrease) in Stockholders' Equity
Preferred stock dividend Series C	(98)										(98)
Sale and finance of stock to ESOP	0
ESOP shares allocated	109							12					97
Stock based compensation	633							633
Net income	8,790										8,790
Other comprehensive income (loss)	(314)											(314)
Restricted stock units vested, net	$ (159)							(159)
Restricted stock units vested, net (in shares)	10,025				26,426
Exercise of employee stock options	$ 210							210
Exercise of employee stock options (in shares)					21,000
Redemption of SBLF preferred stock Series C	(8,000)			(8,000)
Issuance of stock to ESOP	110							115					(5)
Issuance of stock to ESOP (in shares)					9,147
Common stock issued for acquisition of IBT Bancorp, Inc., net of offering costs	17,453				$ 12			17,441
Common stock issued for acquisition of IBT Bancorp, Inc., net of offering costs (in shares)					1,185,067
Stockholders' equity, ending balance at Dec. 31, 2015	$ 132,046			0	$ 107			115,721			16,739	(142)	(309)	(70)
Stockholders' equity, ending balance (in shares) at Dec. 31, 2015	10,712,472				10,712,472
Increase (Decrease) in Stockholders' Equity
Sale of common stock in private offering, net offering cost of $61	$ 94,518				$ 45			94,473
Sale of common stock in private offering, net offering cost of $61 (in shares)					4,444,750
Sale and finance of stock to ESOP	0
ESOP shares allocated	109							9					100
Stock based compensation	983							983
Net income	12,551										12,551
Other comprehensive income (loss)	(1,106)											(1,106)
Restricted stock units vested, net	$ (175)							(175)
Restricted stock units vested, net (in shares)	10,384				38,106
Issuance of stock to ESOP	$ 0
Excess tax benefit from stock compensation	162							162
Stockholders' equity, ending balance at Dec. 31, 2016	$ 239,088			$ 0	$ 152			$ 211,173			$ 29,290	$ (1,248)	$ (209)	$ (70)
Stockholders' equity, ending balance (in shares) at Dec. 31, 2016	15,195,328				15,195,328

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2015 USD ($) shares
Shares withheld to cover tax withholdings \| shares	10,025
IBT
Offering costs \| $	$ 252

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 12,551	$ 8,790	$ 5,205
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of core deposit intangibles	1,508	1,387	1,339
Provision for loan losses	2,050	868	1,423
Accretion of loan purchase discount	(425)	(194)	(483)
Stock-based compensation expense	983	633	455
Excess tax benefit from stock compensation	(162)	0	0
Amortization of other intangible assets	196	31	14
Net amortization of premiums on investment securities	1,025	498	400
Change in cash surrender value of bank-owned life insurance	(618)	(613)	(341)
Net gain on sales of investment securities	(15)	(7)	(34)
Gain on sales of loans held for sale	(3,288)	(1,254)	(641)
Net gain on sales of other real estate owned	0	(19)	(10)
Amortization of subordinated note discount	8	2	0
Net originations of loans held for sale	(70,773)	(39,614)	(45,441)
Write down on foreclosed assets	114	0	0
Proceeds from sales of loans held for sale	69,801	46,344	39,275
Deferred tax (benefit)	(1,366)	(375)	(466)
(Increase) decrease in accrued interest receivable and other assets	(1,728)	(342)	1,178
Increase (decrease) in accounts payable, accrued expenses, accrued interest payable and other liabilities	824	(87)	360
Net cash provided by operating activities	10,685	16,048	2,233
Cash flows from investing activities:
Purchases of securities available for sale	(357,187)	(344,813)	(310,983)
Sales of securities available for sale	8,378	3,779	981
Proceeds from maturities, calls and pay downs of investment securities	319,377	314,029	310,334
Net cash received in acquisition	0	11,150	0
Sales (purchases) of non-marketable equity securities, net	(3,199)	762	(1,425)
Net loans originated	(190,184)	(135,977)	(109,175)
Proceeds from sale of SBA loans	20,574	7,365	0
Purchases of bank-owned life insurance	0	0	(7,006)
Net additions to bank premises and equipment	(1,075)	(2,392)	(2,243)
Proceeds from sales of other real estate owned	0	124	2,817
Net cash used in investing activities	(203,316)	(145,973)	(116,700)
Cash flows from financing activities:
Net change in deposits	251,220	132,241	64,805
Net increase (decrease) in advances from Federal Home Loan Bank	9,862	(15,059)	25,000
Change in other borrowings	0	(926)	0
Proceeds from exercise of employee stock options	0	210	0
Redemption of SBLF preferred stock Series C	0	(8,000)	0
Dividends paid on preferred stock	0	(98)	(80)
Proceeds from payments on ESOP Loan	109	109	118
Proceeds from issuance of common stock, net of offering cost of $489 for December 31, 2016 and $4,574 for December 31, 2014	94,518	0	35,791
Excess tax benefit from stock compensation	162	0	0
Proceeds from issuance of common stock, net offering cost of $61 for the year ended December 31, 2014	0	0	5,438
Offering costs paid in connection with acquisition	0	(252)	0
Net cash provided by financing activities	355,871	108,225	131,072
Net increase (decrease) in cash and cash equivalents	163,240	(21,700)	16,605
Cash and cash equivalents at beginning of year	71,551	93,251	76,646
Cash and cash equivalents at end of year	$ 234,791	$ 71,551	$ 93,251

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Offering costs	$ 489
Initial public offering
Offering costs	$ 489	$ 4,574
Private offering
Offering costs		$ 61

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Significant Accounting Policies

Nature of Organization

Veritex Holdings, Inc. (Veritex), 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), collectively the “Company”, a Texas state banking organization, with corporate offices in Dallas, Texas, currently operates ten 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 performs periodic examinations to ensure regulatory compliance.

Basis of Presentation

The accompanying consolidated financial statements include the accounts of Veritex and its wholly-owned subsidiary, Veritex Community Bank, formerly known as Veritex Community Bank, National Association.

The accounting principles followed by the Company and the methods of applying them are in conformity with U.S. generally accepted accounting principles (“GAAP”) and prevailing practices of the banking industry.

All material intercompany transactions have been eliminated upon consolidation.

Accounting standards codification

The Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC) is the officially recognized source of authoritative GAAP applicable to all public and non-public non-governmental entities. Rules and interpretive releases of the SEC under the authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. All other accounting literature is considered non-authoritative. Citing particular content in the ASC involves specifying the unique numeric path to the content through the Topic, Subtopic, Section and Paragraph structure.

Segment Reporting

The Company has one reportable segment. All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and borrowings while managing the interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Bank as one segment or unit. The Company’s chief operating decision-maker, the CEO, uses the consolidated results to make operating and strategic decisions.

Reclassifications

Certain prior period amounts have been reclassified to conform to the 2016 financial statement presentation. Prior to the adoption of ASU 2015-03, Simplifying the Accounting for Measurement of Financial Asses and Financial Liabilities, the Company recorded debt issuance costs as other assets in the consolidated balance sheet. For the period ending December 31, 2016 and for the periods presented here within, the Company’s consolidated balance sheet reflects a reduction in other assets and subordinated notes related to the reclassification of $49 debt issuance costs for the period ending December 31, 2015 for comparability between periods.

Initial Public Offering (IPO)

The Company qualifies as an “emerging growth company” as defined by the Jumpstart Our Business Startups Act (JOBS Act). During the second quarter of 2014, the Company’s Board of Directors approved a resolution to sell shares of Veritex 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 $36,000.

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.

Acquisition

On July 1, 2015, the Company completed the acquisition of IBT Bancorp, Inc. (“IBT”), the parent holding company of Independent Bank of Texas (“Independent Bank”), headquartered in Irving, Texas with two banking locations in the Dallas metropolitan area. Under the terms of the definitive agreement, the Company issued 1,185,067 shares of its common stock (with cash in lieu of fractional shares) and paid approximately $4,000 in cash for the outstanding shares of IBT common stock in connection with the closing of the acquisition. Refer to note 25 – Business Combinations for further information regarding the acquisition.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates. The allowance for loan losses, the fair values of financial instruments, including investment securities available for sale and loans held for sale, and the status of contingencies are particularly susceptible to significant change in the near term.

Cash and Cash Equivalents

For the purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks and federal funds sold.

The Bank maintains deposits with other financial institutions in amounts that exceed federal deposit insurance coverage. Furthermore, federal funds sold are essentially uncollateralized loans to other financial institutions. Management regularly evaluates the credit risk associated with the counterparties to these transactions and believes that the Company is not exposed to any significant credit risks on cash and cash equivalents.

Cash and cash equivalents include interest-bearing deposits in other banks of $219.2 million and $60.6 million, at December 31, 2016 and 2015, respectively.

Restrictions on cash

The Bank is required to maintain regulatory reserve balances with the Federal Reserve Bank. The reserve balances required as of December 31, 2016 and 2015 were approximately $26.4 million and $28.1 million, respectively.

Investment Securities

Securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them until maturity. Securities to be held for indefinite periods of time are classified as available for sale and carried at fair value, with the unrealized holding gains and losses reported in other comprehensive income, net of tax. Management determines the appropriate classification of securities at the time of purchase.

Interest income includes amortization of purchase premiums and discounts. Realized gains and losses are derived from the amortized cost of the security sold. Credit related declines in the fair value of available for sale securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses, with the remaining unrealized loss recognized as a component of other comprehensive income. In estimating other-than-temporary impairment losses, management considers, among other things, (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, and (iii) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. For the years ended December 31, 2016, 2015 and 2014 there were no other-than-temporary impairment losses reflected in earnings as realized losses.

Loans Held for Sale

Loans held for sale consist of certain mortgage loans originated and intended for sale in the secondary market and are carried at the lower of cost or estimated fair value on an individual loan basis. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. The Company obtains commitments to purchase the loans from the secondary market investors prior to closing of the loans. Loans held for sale are sold with servicing released. Gains and losses on sales of loans held for sale are based on the difference between the selling price and the carrying value of the related loan sold.

Loans and Allowance for Loan Losses

Loans, excluding certain purchased loans that have shown evidence of deterioration since origination as of the date of the acquisition, that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at the amount of unpaid principal, reduced by unearned income and an allowance for loan losses. Interest on loans is recognized using the effective-interest method on the daily balances of the principal amounts outstanding. Fees associated with the origination of loans and certain direct loan origination costs are netted and the net amount is deferred and recognized over the life of the loan as an adjustment of yield.

The accrual of interest on loans is discontinued when there is a clear indication that the borrower’s cash flow may not be sufficient to meet payments as they become due, which is generally no later than when a loan is 90 days past due. When a loan is placed on non-accrual status, all previously accrued and unpaid interest is reversed. Interest income is subsequently recognized on a cash basis as long as the remaining book balance of the asset is deemed to be collectible. If collectability is questionable, then cash payments are applied to principal. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured in accordance with the terms of the loan agreement.

The allowance for loan losses is an estimated amount management believes is adequate to absorb inherent losses on existing loans that may be uncollectible based upon review and evaluation of the loan portfolio. Management’s periodic evaluation of the allowance is based on general economic conditions, the financial condition of borrowers, the value and liquidity of collateral, delinquency, prior loan loss experience, and the results of periodic reviews of the portfolio. The allowance for loan losses is comprised of two components: the general reserve and specific reserves. The general reserve is determined in accordance with current authoritative accounting guidance. The Company’s calculation of the general reserve considers historical loss rates for the last three years adjusted for qualitative factors based upon general economic conditions and other qualitative risk factors both internal and external to the Company. Such qualitative factors include current local economic conditions and trends including unemployment, changes in lending staff, policies and procedures, changes in credit concentrations, changes in the trends and severity of problem loans and changes in trends in volume and terms of loans. These qualitative factors serve to compensate for additional areas of uncertainty inherent in the portfolio that are not reflected in the Company’s historic loss factors. For purposes of determining the general reserve, the loan portfolio, less cash secured loans, government guaranteed loans and impaired loans, is multiplied by the Company’s adjusted historical loss rate. Specific reserves are determined in accordance with current authoritative accounting guidance based on probable losses on specific classified loans.

The allowance for loan losses is increased by charges to income and decreased by charge-offs (net of recoveries).

Due to the growth of the Bank over the past several years, a portion of the loans in its portfolio and its lending relationships are of relatively recent origin. The new loan portfolios have limited delinquency and credit loss history and have not yet exhibited an observable loss trend. The credit quality of loans in theses loan portfolios are impacted by delinquency status and debt service coverage generated by the borrowers’ business and fluctuations in the value of real estate collateral. Management considers delinquency status to be the most meaningful indicator of the credit quality of one-to-four single family residential, home equity loans and lines of credit and other consumer loans. In general, loans do not begin to show signs of credit deterioration or default until they have been outstanding for some period of time, a process the Company refers to as “seasoning.” As a result, a portfolio of older loans will usually behave more predictably than a portfolio of newer loans. Because the majority of the portfolio is relatively new, the current level of delinquencies and defaults may not be representative of the level that will prevail when the portfolio becomes more seasoned, which may be higher than current levels.

Delinquency statistics are updated at least monthly. Internal risk ratings are considered the most meaningful indicator of credit quality for new commercial, construction, and commercial real estate loans. Internal risk ratings are a key factor in identifying loans that are individually evaluated for impairment and impact management’s estimates of loss factors used in determining the amount of the allowance for loan losses. Internal risk ratings are updated on a continuous basis.

Loans are considered impaired when, based on current information and events, 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. If a loan is impaired, a specific valuation allowance is allocated, if necessary. 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. Impaired loans, or portions thereof, are charged off when deemed uncollectible.

The Company’s policy requires measurement of the allowance for an impaired collateral dependent loan based on the fair value of the collateral. Other loan impairments are measured based on the present value of expected future cash flows or the loan’s observable market price. At December 31, 2016 and 2015, all significant impaired loans have been determined to be collateral dependent and the allowance for loss has been measured utilizing the estimated fair value of the collateral.

From time to time, the Company modifies its loan agreement with a borrower. A modified loan is considered a troubled debt restructuring when two conditions are met: (i) the borrower is experiencing financial difficulty and (ii) concessions are made by the Company that would not otherwise be considered for a borrower with similar credit risk characteristics. Modifications to loan terms may include a lower interest rate, a reduction of principal, or a longer term to maturity. All troubled debt restructurings are considered impaired loans. The Company reviews each troubled debt restructured loan and determines on a case by case basis if a specific allowance for loan loss is required. An allowance for loan loss allocation is based on either the present value of estimated future cash flows or the estimated fair value of the underlying collateral.

The Company has certain lending policies and procedures in place that are designed to maximize loan income with an acceptable level of risk. Management reviews and approves these policies and procedures on a regular basis and makes changes as appropriate. Management receives frequent reports related to loan originations, quality, concentrations, delinquencies, non-performing and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions, both by type of loan and geography.

Commercial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably and effectively. Underwriting standards are designed to determine whether the borrower possesses sound business ethics and practices and to evaluate current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed. Commercial loans are primarily made based on the identified cash flows of the borrower and, secondarily, on the underlying collateral provided by the borrower. Most commercial loans are secured by the assets being financed or other business assets, such as accounts receivable or inventory, and include personal guarantees.

Real estate loans are also subject to underwriting standards and processes similar to commercial loans. These loans are underwritten primarily based on projected cash flows and, secondarily, as loans secured by real estate. The repayment of real estate loans is generally largely dependent on the successful operation of the property securing the loans or the business conducted on the property securing the loan. Real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. The properties securing the Company’s real estate portfolio are generally diverse in terms of type and geographic location, throughout the Dallas metropolitan area. This diversity helps reduce the exposure to adverse economic events that affect any single market or industry.

The Company utilizes methodical credit standards and analysis to supplement its policies and procedures in underwriting consumer loans. The Company’s loan policy addresses types of consumer loans that may be originated and the collateral, if secured, which must be perfected. The relatively smaller individual dollar amounts of consumer loans that are spread over numerous individual borrowers also minimizes the Company’s risk.

Certain Acquired Loans

As part of business acquisitions, the Company evaluated each of the acquired loans under ASC 310-30 to determine whether (i) there was evidence of credit deterioration since origination, and (ii) it was probable that the Company would not collect all contractually required payments receivable. The Company determined the best indicator of such evidence was an individual loan’s payment status and/or whether a loan was determined to be classified based on a review of each individual loan. Therefore, generally each individual loan that should have been or was on non-accrual at the acquisition date and each individual loan that was deemed impaired were included subject to ASC 310-30 accounting. These loans were recorded at the discounted expected cash flows of the individual loan.

Loans which were evaluated under ASC 310-30, and where the timing and amount of cash flows can be reasonably estimated, were accounted for in accordance with ASC 310-30-35. The Company applies the interest method for these loans under this subtopic and the loans are excluded from non-accrual. If, at acquisition, the Company identified loans that they could not reasonably estimate cash flows or, if subsequent to acquisition, such cash flows could not be estimated, such loans would be included in non-accrual and accounted for under the cost recovery method. These acquired loans are recorded at the allocated fair value, such that there is no carryover of the seller’s allowance for loan losses. Such acquired loans are accounted for individually. The Company estimates the amount and timing of expected cash flows for each purchased loan, and the expected cash flows in excess of the allocated fair value is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not recorded (non-accretable difference). Over the life of the loan, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded through the allowance for loan losses. If the present value of expected cash flows is greater than the carrying amount, any related allowance for loan loss is reversed, with the remaining yield being recognized prospectively through interest income.

Loans to which ASC 310-30 accounting is applied are deemed purchased credit impaired (“PCI”) loans.

Transfers of Financial Assets

Transfers of financial assets (generally consisting of sales of loans held for sale and loan participations with unaffiliated banks) are accounted for as sales, when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from the Company, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.

Bank Premises and Equipment

Buildings and improvements, furniture and equipment are carried at cost less accumulated depreciation computed using the straight-line method over the estimated useful lives of the respective assets as follows:



Buildings and improvements	10 - 40 years
Leasehold improvements	Term of lease
Furniture and equipment	3 - 10 years

Major replacements and betterments are capitalized while maintenance and repairs are charged to expense when incurred. Gains or losses on dispositions are reflected in operations as incurred.

Non-Marketable Equity Securities

The Bank is a member of its regional Federal Reserve Bank (FRB) and of the Federal Home Loan Bank system (FHLB). FHLB members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. Both FRB and FHLB stock are carried at cost, restricted for sale, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income. Other non-marketable equity securities are carried at cost which approximates fair value.

Other Real Estate Owned

Other real estate owned represents properties acquired through or in lieu of loan foreclosure and are initially recorded at fair value less estimated costs to sell. At foreclosure, if the fair value, less estimated costs to sell, of the real estate acquired is less than the Bank’s recorded investment in the related loan, a write-down is recognized through a charge to the allowance for loan losses. Any subsequent reduction in value is recognized by a charge to income. Operating and holding expenses of such properties, net of related income, and gains and losses on their disposition are included in noninterest expense.

Bank-Owned Life Insurance

The Company has purchased life insurance policies on certain employees. These bank-owned life insurance (BOLI) policies are recorded in the accompanying consolidated balance sheets at their cash surrender values. Income from these policies and changes in the cash surrender values are recorded in noninterest income in the accompanying consolidated statements of income.

Goodwill and Intangible Assets

Goodwill resulting from a business combination represents the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill is not amortized but is reviewed for potential impairment annually on December 31 or when a triggering event occurs. The Company’s goodwill test involves a two-step process. Under the first step, the estimation of fair value of the reporting unit is compared to its carrying value including goodwill. If step one indicates a potential impairment, the second step is performed to measure the amount of impairment, if any. If the carrying amount of the reporting goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. Any such adjustments are reflected in the results of operations in the periods in which they become known. Intangible assets consist of core deposit intangibles and other intangible assets related to operating leases with favorable market terms acquired in business combinations. Intangible assets are initially recognized based on a valuation performed as of the acquisition date. Core deposit intangibles are being amortized on a straight-line basis over the estimated useful lives of seven to nine years. Intangible assets related to operating leases are amortized over the remaining life of the acquired lease using the straight-line method. All indefinite lived intangible assets are tested annually for potential impairment or when triggering events occur. Intangible assets with definite lives are tested for impairment when a triggering event occurs. No impairment charges related to goodwill and intangible assets were recorded during the years ended December 31, 2016, 2015 and 2014.

Advertising and Marketing

Advertising and marketing consists of the Company’s advertising and marketing in its local market. Advertising and marketing is expensed as incurred.

Income Taxes

The Company files a consolidated income tax return with its subsidiary. Federal income tax expense or benefit is allocated on a separate return basis.

The Company accounts for income taxes using the asset and liability approach for financial accounting and reporting. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets and liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Realization of deferred tax assets is dependent upon the generation of a sufficient level of future taxable income and recoverable taxes paid in prior years.

The Company may recognize the tax benefit of an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the position. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements would be the benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. For the years ended December 31, 2016 and 2015, management has determined there are no material uncertain tax positions.

When necessary, the Company would include interest assessed by taxing authorities in “Interest expense” and penalties related to income taxes in “Other expense” on its consolidated statements of income. The Company did not record any interest or penalties related to income tax for the years ended December 31, 2016, 2015, and 2014. With few exceptions, such as state examinations, the Company is no longer subject to U.S. federal income tax examinations by tax authorities for the years before 2013.

Fair Values of Financial Instruments

Fair values of financial instruments are estimated using relevant market information and other assumptions. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. The fair value estimates of existing on and off-balance sheet financial instruments do not include the value of anticipated future business or the value of assets and liabilities not considered financial instruments.

Stock Based Compensation

Compensation cost is recognized for stock options and stock awards (performance and non-performance based) issued to employees and directors, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. The market price of the Company’s common stock at the date of grant is used to estimate fair value for stock awards. A Monte Carlo simulation is used to estimate the fair value of performance-based restricted stock units which include a market condition that determines the number of restricted stock units which will vest based on the Company’s total shareholder return relative to a market index.

Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.

Treasury Stock

Treasury stock is stated at cost, which is determined by the first-in, first-out method.

Comprehensive Income

Comprehensive income includes all changes in stockholders’ equity during a period, except those resulting from transactions with stockholders. In addition to net income, comprehensive income includes the net effect of changes in the fair value of securities available for sale, net of tax. Comprehensive income is reported in the accompanying consolidated statements of comprehensive income.

ESOP

Effective January 1, 2012, the Company adopted the Veritex Community Bank 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 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.

Business Combinations

The Company applies the acquisition method of accounting for business combinations. Under the acquisition method, the acquiring entity in a business combination recognizes 100% of the assets acquired and liabilities assumed at their acquisition date fair values. Management utilizes valuation techniques appropriate for the asset or liability being measured in determining these fair values. Any excess of the purchase price over amounts allocated to assets acquired, including identifiable intangible assets, and liabilities assumed is recorded as goodwill. Where amounts allocated to assets acquired and liabilities assumed is greater than the purchase price, a bargain purchase gain is recognized. Acquisition-related costs are expensed as incurred.

Servicing Assets

The Company accounts for its servicing assets at amortized cost in accordance with ASC 860, “Servicing Assets and Liabilities.” The codification requires that servicing rights acquired through the origination of loans, which are sold with servicing rights retained, are recognized as separate assets. Servicing assets are recorded as the difference between the contractual servicing fees and adequate compensation for performing the servicing, and are periodically reviewed and adjusted for any impairment. The amount of impairment recognized, if any, is the amount by which the servicing assets exceed their fair value. Fair value of the servicing assets is estimated using discounted cash flows based on current market interest rates. Servicing rights are amortized in proportion to, and over the period of the related net servicing income.

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 years ended December 31, 2016, 2015 and 2014.



	Year Ended December 31,
	2016		2015		2014
Earnings (numerator)
Net income	$	12,551	$	8,790	$	5,205
Less: preferred stock dividends	—		98		80
Net income allocated to common stockholders	$	12,551	$	8,692	$	5,125
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)	10,849		10,061		6,992
Dilutive effect of employee stock-based awards	209		271		161
Adjusted weighted average shares outstanding	11,058		10,332		7,153
Earnings per share:
Basic	$	1.16	$	0.86	$	0.73
Diluted	$	1.13	$	0.84	$	0.72

For the years ended December 31, 2016, 2015 and 2014, there were no exclusions from the diluted EPS weighted average shares.

Supplemental Statement of Cash Flows

12 Months Ended

Dec. 31, 2016

Supplemental Cash Flow Elements [Abstract]

Supplemental Statement of Cash Flows

Other supplemental cash flow information is presented below:



	Year Ended December 31,
	2016		2015		2014
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	$	5,607	$	3,520	$	2,927
Cash paid for income taxes	$	8,250	$	4,100	$	2,750
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	$	175	$	159	$	500
Net foreclosure of other real estate owned	$	283	$	493	$	1,115

Supplemental schedule of noncash investing activities from the IBT acquisition is as follows:



	Year Ended December 31,
	2016		2015
Noncash assets acquired
Securities available for sale	—		4,646
Loans	—		88,459
Bank premises, furniture and equipment (1)	—		4,947
Securities available for sale	—		790
Bank-owned life insurance	—		1,024
Accrued interest receivable	—		250
Servicing assets	—		323
Goodwill	—		7,717
Core deposit intangibles	—		1,078
Other assets	—		—
Total assets	$	—	$	109,234
Noncash liabilities assumed:
Deposits	$	—	$	97,426
FHLB advances	—		3,503
Other borrowings	—		926
Other liabilities	—		824
Total liabilities	$	—	$	102,679
1,185,067 shares of common stock exchanged in connection with acquisition	$	—	$	17,705


(1)	For the year ended December 31, 2015, included within bank premises, furniture and equipment is building and land at fair values of $3,310 and $1,490, respectively.

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Dec. 31, 2016
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2016-18 “Statement of Cash Flows (Topic 230): Restricted Cash” requires that the statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. For public companies, ASU 2016-18 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements. ASU 2016-13 “Financial Instruments —Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”) amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. This Accounting Standards Update affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. The Company is continuing to evaluate the impact of the adoption of ASU 2016-03 and is uncertain of the impact on the consolidated financial statements at this point in time. ASU 2016-09 “Compensation —Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”) simplifies several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods therein. The Company plans to adopt this guidance during the first quarter for the year ended December 31, 2017 and does not expect the adoption to have a material impact on its consolidated financial statements and related disclosures. ASU 2016-02 “Leases (Topic 842)” is intended to improve the reporting of leasing transactions to provide users of financial statements with more decision-useful information. ASU 2016-02 will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements. ASU 2016-01 “Financial Instruments─Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”) amends certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01, among other things, i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments, (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements and (viii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale. This update will be effective for the Company on January 1, 2018. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements. ASU 2015-16 “Business Combinations (Topic 805)” (“ASU 2015-16”) requires that an acquirer retrospectively adjust provisional amounts recognized in a business combination, during the measurement period. To simplify the accounting for adjustments made to provisional amounts, the amendments in the Update require that the acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amount is determined. The acquirer is required to also record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. In addition an entity is required to present separately on the face of the income statement or disclose in the notes to the financial statements the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. ASU 2015-16 is effective for fiscal years beginning after December 31, 2015, including interim periods within those fiscal years. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. ASU 2015-03 “Simplifying the Presentation of Debt Issuance Costs (Subtopic 835-50)” (“ASU 2015-03”) amends the presentation of debt issuance costs in the balance sheet as a direct reduction from the carrying amount of the related debt liability. ASU 2015-03 is effective for annual and interim periods beginning after December 31, 2015. As the total amount of debt issuance costs for the interim periods were insignificant, the Company adopted the guidance as of December 31, 2016. The consolidated balance sheet as of December 31, 2016 reflects a reduction of $43 in other assets and subordinates notes. For comparability purposes, the Company reclassed the debt issuance costs of $49 as a reduction in other assets and subordinated notes as of December 31, 2015, see “Summary of Significant Accounting Policies—Reclassifications.” ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”) implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 establishes a five-step model which entities must follow to recognize revenue and removes inconsistencies and weaknesses in existing guidance. The original effective date for ASU 2014-09 was for annual and interim periods beginning after December 15, 2016. However, in August 2015, the FASB issued ASU 2015-14, which deferred the effective date by one year, therefore it is now effective for interim and annual reporting periods beginning after December 15, 2017. The Company’s is continuing to evaluate the impact that ASU 2014-09 with the expectation to adopt the standard in the first quarter of 2018. This new standard would have an impact on components of non-interest income, however the Company’s preliminary analysis suggests that the adoption of this accounting guidance is not expected to have a material impact on the Company’s consolidated financial statements. ASU 2014-12 “Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (“ASU 2014-12”) requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is intended to resolve the diverse accounting treatments of these types of awards in practice and is effective for annual and interim periods beginning after December 15, 2015. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=66092750

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305

+ Details

Investment Securities

12 Months Ended

Dec. 31, 2016

Investments, Debt and Equity Securities [Abstract]

Investment Securities

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



	December 31, 2016
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	732	$	—	$	36	$	696
Municipal securities	14,540		2		500		14,042
Mortgage-backed securities	49,907		83		871		49,119
Collateralized mortgage obligations	38,507		32		612		37,927
Asset-backed securities	764		11		—		775
	$	104,450	$	128	$	2,019	$	102,559



	December 31, 2015
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	3,823	$	—	$	36	$	3,787
Municipal securities	6,738		9		52		6,695
Mortgage-backed securities	46,180		169		292		46,057
Collateralized mortgage obligations	18,379		64		59		18,384
Asset-backed securities	907		—		17		890
	$	76,027	$	242	$	456	$	75,813

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:



	December 31, 2016
	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	$	—	$	—	$	696	$	36	$	696	$	36
Municipal securities	12,060		478		518		22		12,578		500
Mortgage-backed securities	37,274		802		6,848		69		44,122		871
Collateralized mortgage obligations	29,618		584		1,618		28		31,236		612
	$	78,952	$	1,864	$	9,680	$	155	$	88,632	$	2,019



	December 31, 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	$	2,978	$	7	$	809	$	29	$	3,787	$	36
Municipal securities	4,216		52		—		—		4,216		52
Mortgage-backed securities	32,255		253		2,792		39		35,047		292
Collateralized mortgage obligations	8,672		76		—		—		8,672		76
	$	48,121	$	388	$	3,601	$	68	$	51,722	$	456

The number of investment positions in an unrealized loss position totaled 72 and 52 at December 31, 2016 and December 31, 2015, respectively. 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 an increasing interest rate environment primarily in the fourth quarter of 2016. . 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.



	December 31, 2016
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	—	$	—
Due from one year to five years	4,009		3,974
Due from five years to ten years	3,522		3,346
Due after ten years	7,741		7,418
	15,272		14,738
Mortgage-backed securities	49,907		49,119
Collateralized mortgage obligations	38,507		37,927
Asset-backed securities	764		775
	$	104,450	$	102,559



	December 31, 2015
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	996	$	999
Due from one year to five years	4,869		4,851
Due from five years to ten years	428		417
Due after ten years	4,268		4,217
	10,561		10,484
Mortgage-backed securities	46,180		46,056
Collateralized mortgage obligations	18,379		18,384
Asset-backed securities	907		889
	$	76,027	$	75,813

Proceeds from sales of investment securities available for sale and gross gains and losses for the years ended December 31, 2016, 2015 and 2014 were as follows:



	December 31,
	2016		2015		2014
Proceeds from sales	$	8,378	$	3,779	$	981
Gross realized gains	43		42		34
Gross realized losses	40		35		—

Also included in gain on sale of investment securities in the accompanying condensed consolidated statements of income are gross gains of $12 from calls of investment securities for the year ended December 31, 2016. There were no gross gains or losses from calls of investment securities for the years ended December 31, 2015 and December 31, 2014.

As further explained in Note 11, there was a blanket floating lien on all securities to secure Federal Home Loan Bank advances as of December 31, 2016 and 2015.

- Definition

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

+ References + Details

Loans and Allowance for Loan Losses

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Loans and Allowance for Loan Losses

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



	December 31,			December 31,
	2016			2015
Real estate:
Construction and land	$	162,614		$	126,422
Farmland	8,262			11,696
1 - 4 family residential	140,137			137,704
Multi-family residential	14,683			8,695
Commercial Real Estate	370,696			284,622
Commercial	291,416			246,124
Consumer	4,089			5,304
	991,897			820,567
Deferred loan fees	(55		)	(62		)
Allowance for loan losses	(8,524		)	(6,772		)
	$	983,318		$	813,733

Included in the net loan portfolio as of December 31, 2016 and 2015 is an accretable discount related to loans acquired within a business combination in the approximate amounts of $469 and $932, respectively. The discount is being accreted into income using the interest method over the life of the loans. In addition, included in the net loan portfolio as of December 31, 2016 and 2015 is a discount on retained loans from SBA loans sales of $832 and $583, respectively.

An institution which has reported loans for construction, land development, and other land loans representing 100% or more of total risk-based capital, or total non-owner occupied commercial real estate loans representing 300% or more of the institution’s total risk-based capital and the outstanding balance of commercial real estate loan portfolio has increased by 50% or more during the prior 36 months, may be identified for further supervisory analysis by regulators to assess the nature and risk posed by the concentration. As of December 31, 2016, the Company had total commercial real estate loans (CRE) representing 310% of total risk-based capital. Included in these amounts, the Company had construction, land development, and other land loans representing 125% of total risk-based capital at December 31, 2016 indicating a concentration in commercial real estate lending. Sound risk management practices and appropriate levels of capital are essential elements of a sound commercial real estate lending program. Concentrations of CRE exposures add a dimension of risk that compounds the risk inherent in individual loans. Interagency guidance on CRE concentrations describes sound risk management practices, which include board and management oversight, portfolio management, management information systems, market analysis, portfolio stress testing and sensitivity analysis, credit underwriting standards, and credit risk review functions. At December 31, 2016, Management believes that it has implemented these practices in order to monitor its CRE lending program and that it is in compliance with the requirements and guidance of federal banking agencies including the federal reserve for institutions with concentrations in commercial real estate lending.

The majority of the loan portfolio consists 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 December 31, 2016 and 2015.

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 aggregated by class of loans, as of December 31, 2016 and 2015, are as follows:



	December 31,		December 31,
	2016		2015
Real estate:
Construction and land	$	—	$	—
Farmland	—		—
1 - 4 family residential	—		187
Multi-family residential	—		—
Commercial Real Estate	—		—
Commercial	930		383
Consumer	11		21
	$	941	$	591

During the years ended December 31, 2016 and 2015, interest income not recognized on non-accrual loans was minimal.

An age analysis of past due loans, aggregated by class of loans, as of December 31, 2016 and 2015 is as follows:



	December 31, 2016
	30 to 59 Days		60 to 89 Days		90 Days or Greater		Total Past Due		Total Current		Total Loans		Total 90 Days Past Due and Still Accruing
Real estate:
Construction and land	$	1,047	$	—	$	—	$	1,047	$	161,567	$	162,614	$	—
Farmland	—		—		—		—		8,262		8,262		—
1 - 4 family residential	510		214		—		724		139,413		140,137		—
Multi-family residential	—		—		—		—		14,683		14,683		—
Commercial Real Estate	—		—		754		754		369,942		370,696		754
Commercial	1,344		438		532		2,314		289,102		291,416		81
Consumer	41		—		—		41		4,048		4,089		—
	$	2,942	$	652	$	1,286	$	4,880	$	987,017	$	991,897	$	835



	December 31, 2015
	30 to 59 Days		60 to 89 Days		90 Days or Greater		Total Past Due		Total Current		Total Loans		Total 90 Days Past Due and Still Accruing
Real estate:
Construction and land	$	3	$	—	$	—	$	3	$	126,419	$	126,422	$	—
Farmland	—		—		—		—		11,696		11,696		—
1 - 4 family residential	215		438		187		840		136,864		137,704		—
Multi-family residential	—		—		—		—		8,695		8,695		—
Commercial Real Estate	—		175		—		175		284,447		284,622		—
Commercial	883		81		159		1,123		245,001		246,124		83
Consumer	8		2		1		11		5,293		5,304		1
	$	1,109	$	696	$	347	$	2,152	$	818,415	$	820,567	$	84

Loans past due 90 days and still accruing, increased from $84 as of December 31, 2015 to $835 as of December 31, 2016. These loans are also considered well-secured and in the process of collection as of the reporting date with plans in place for the borrowers to bring the notes fully current. The Company believes that it will collect all principal and interest due on each of the loans past due 90 days and still accruing.

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 December 31, 2016 and 2015 are summarized in the following tables.



	December 31, 2016
	Unpaid Contractual Principal Balance		Recorded Investment with No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	164		164		—		164		—		265
Multi-family residential	—		—		—		—		—		—
Commercial Real Estate	382		382		—		382		—		440
Commercial	955		381		574		955		246		463
Consumer	92		81		11		92		4		12
Total	$	1,593	$	1,008	$	585	$	1,593	$	250	$	1,180



	December 31, 2015
	Unpaid Contractual Principal Balance		Recorded Investment with No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	10
Farmland	—		—		—		—		—		—
1 - 4 family residential	353		353		—		353		—		191
Multi-family residential	—		—		—		—		—		—
Commercial Real Estate	1,265		1,265		—		1,265		—		1,146
Commercial	740		390		350		740		186		533
Consumer	21		3		18		21		7		27
Total	$	2,379	$	2,011	$	368	$	2,379	$	193	$	1,907

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 years ended December 31, 2016 and 2015, 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 TDRs are based on individual facts and circumstances. Loan modifications that are included as TDRs 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 TDRs was $822 and $1,727 as of December 31, 2016 and 2015, respectively.

During the years ended December 31, 2016 and 2015, the terms of certain loans were modified as TDRs as follows:



				During the year ended December 31, 2016
				Post-Modification Outstanding Recorded Investment
	Number of Loans	Pre- Modification Outstanding Recorded Investment		Adjusted Interest Rate		Extended Maturity		Extended Maturity and Restructured Payments		Extended Maturity, Restructured Payments and Adjusted Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—	—		—		—		—		—
1 - 4 family residential	—	—		—		—		—		—
Multi-family residential	—	—		—		—		—		—
Commercial Real Estate	—	—		—		—		—		—
Commercial	2	175		—		—		169		—
Consumer	1	81		—		—		81		—
Total	3	$	256	$	—	$	—	$	250	$	—



				During the year ended December 31, 2015
				Post-Modification Outstanding Recorded Investment
	Number of Loans	Pre- Modification Outstanding Recorded Investment		Adjusted Interest Rate		Extended Maturity		Extended Maturity and Restructured Payments		Extended Maturity, Restructured Payments and Adjusted Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—	—		—		—		—		—
1 - 4 family residential	—	—		—		—		—		—
Multi-family residential	—	—		—		—		—		—
Commercial Real Estate	1	399		—		—		—		391
Commercial	1	268		—		—		246		—
Consumer	—	—		—		—		—		—
Total	2	$	667	$	—	$	—	$	246	$	391

All TDRs are measured individually for impairment. Of the three loans restructured during the year ended December 31, 2016, two are past due and one is performing as agreed to the modified terms. A specific allowance for loan losses of $38 is recorded for one of the loans as of December 31, 2016. One of the three loans is on non-accrual status as of December 31, 2016.

Of the two loans restructured during the year ended December 31, 2015, both are performing as agreed to the modified terms. A specific allowance for loan losses of $132 is recorded for one of the loans as of December 31, 2015. One of the two loans were on non-accrual status as of December 31, 2015.

Interest income recorded during 2016 and 2015 on the restructured loans and interest income that would have been recorded had the terms of the loan not been modified was minimal.

There were no loans modified as a troubled debt restructured loan for which there was a payment default during the year ended December 31, 2016 or December 31, 2015. 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.

The Company has not committed to lend additional amounts to customers with outstanding loans that were classified as TDRs as of December 31, 2016 and 2015.

Credit Quality Indicators

From a credit risk standpoint, the Company classifies its loans in one of 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 impairments. 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 in 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.

The following tables summarize the Company’s internal ratings of its loans, including purchased credit impaired loans, as of December 31, 2016 and 2015:



	December 31, 2016
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	162,614	$	—	$	—	$	—	$	162,614
Farmland	8,262		—		—		—		8,262
1 - 4 family residential	139,212		710		215		—		140,137
Multi-family residential	14,683		—		—		—		14,683
Commercial Real Estate	368,370		2,326		—		—		370,696
Commercial	289,589		686		1,034		107		291,416
Consumer	4,078		—		11		—		4,089
Total	$	986,808	$	3,722	$	1,260	$	107	$	991,897



	December 31, 2015
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	126,422	$	—	$	—	$	—	$	126,422
Farmland	11,696		—		—		—		11,696
1 - 4 family residential	136,856		—		848		—		137,704
Multi-family residential	8,695		—		—		—		8,695
Commercial Real Estate	282,404		2,043		175		—		284,622
Commercial	244,948		573		527		76		246,124
Consumer	5,282		1		21		—		5,304
Total	$	816,303	$	2,617	$	1,571	$	76	$	820,567

An analysis of the allowance for loan losses for the years ended December 31, 2016 , 2015 and 2014 is as follows:



	For the			For the			For the
	Year Ended			Year Ended			Year Ended
	December 31, 2016			December 31, 2015			December 31, 2014
Balance at beginning of year	$	6,772		$	5,981		$	5,018
Provision charged to earnings	2,050			868			1,423
Charge-offs	(333		)	(140		)	(510		)
Recoveries	35			63			50
Net charge-offs	(298		)	(77		)	(460		)
Balance at end of year	$	8,524		$	6,772		$	5,981

The allowance for loan losses as a percentage of total loans was 0.86%, 0.83% and 0.99% as of December 31, 2016 , 2015 and 2014, respectively.

The following tables summarize the activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2016 and 2015:



	December 31, 2016
	Real Estate
	Construction, Land and Farmland		Residential			Commercial Real Estate		Commercial			Consumer			Total
Balance at beginning of year	$	1,104	$	1,124		$	2,189	$	2,324		$	31		$	6,772
Provision (recapture) charged to earnings	311		(8		)	814		913			20			2,050
Charge-offs	—		—			—		(314		)	(19		)	(333		)
Recoveries	—		—			—		32			3			35
Net charge-offs (recoveries)	—		—			—		(282		)	(16		)	(298		)
Balance at end of year	$	1,415	$	1,116		$	3,003	$	2,955		$	35		$	8,524
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—	$	—		$	—	$	246		$	4		$	250
Total specific reserves	—		—			—		246			4			250
General reserves	1,415		1,116			3,003		2,709			31			8,274
Total	$	1,415	$	1,116		$	3,003	$	2,955		$	35		$	8,524



	December 31, 2015
	Real Estate
	Construction, Land and Farmland			Residential			Commercial Real Estate		Commercial			Consumer			Total
Balance at beginning of year	$	769		$	1,166		$	1,890	$	2,092		$	64		$	5,981
Provision (recapture) charged to earnings	383			(42		)	294		262			(29		)	868
Charge-offs	(48		)	—			—		(87		)	(5		)	(140		)
Recoveries	—			—			5		57			1			63
Net charge-offs (recoveries)	(48		)	—			5		(30		)	(4		)	(77		)
Balance at end of year	$	1,104		$	1,124		$	2,189	$	2,324		$	31		$	6,772
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—		$	—		$	—	$	186		$	7		$	193
Total specific reserves	—			—			—		186			7			193
General reserves	1,104			1,124			2,189		2,138			24			6,579
Total	$	1,104		$	1,124		$	2,189	$	2,324		$	31		$	6,772

The Company’s recorded investment in loans as of December 31, 2016 and 2015 related to the balance in the allowance for loan losses on the basis of the Company’s impairment methodology is as follows:



	December 31, 2016
	Real Estate
	Construction, Land and Farmland		Residential		Commercial Real Estate		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	164	$	382	$	955	$	92	$	1,593
Loans collectively evaluated for impairment	170,876		154,656		370,314		290,461		3,997		990,304
Total	$	170,876	$	154,820	$	370,696	$	291,416	$	4,089	$	991,897



	December 31, 2015
	Real Estate
	Construction, Land and Farmland		Residential		Commercial Real Estate		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	353	$	1,265	$	740	$	21	$	2,379
Loans collectively evaluated for impairment	138,118		146,046		283,357		245,384		5,283		818,188
Total	$	138,118	$	146,399	$	284,622	$	246,124	$	5,304	$	820,567

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

The carrying amount of purchased credit impaired loans as of December 31, 2016 and 2015 was minimal.

Servicing Assets

At December 31, 2016, the Company was servicing loans of approximately $32,905 and $21,659 as of December 31, 2016 and 2015. A summary of the changes in the related servicing assets are as follows:



	Year Ended December 31,
	2016			2015
Balance at beginning of year	$	426		$	—
Servicing asset acquired through acquisition	—			323
Increase from loan sales	365			126
Amortization charged to income	(190		)	(23		)
Increase in valuation allowance	—			—
Balance at end of period	$	601		$	426

The estimated fair value of the servicing assets approximated the carrying amount at December 31, 2016. No servicing assets were held by the bank prior to the acquisition of IBT Bancorp, Inc. (“IBT”). Fair value is estimated by discounting estimated future cash flows from the servicing assets using discount rates that approximate current market rates over the expected lives of the loans being serviced. A valuation allowance is recorded when the fair value is below the carrying amount of the asset. As of December 31, 2016 and 2015, there were no valuation allowances recorded.

The Company may also receive a portion of subsequent interest collections on loans sold that exceed the contractual servicing fee. In that case, the Company records an interest-only strip based on its relative fair market value and the other components of the loans. There was no interest-only strip receivable recorded at December 31, 2016 and 2015.

During the fiscal year ended December 31, 2016 and 2015, the Bank sold $18,704 and $6,724 of Small Business Administration loans resulting in a gain of $1,690 and $550.

- 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

Bank Premises and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Bank Premises and Equipment

Bank premises and equipment in the accompanying consolidated balance sheets are summarized as follows:



	December 31,
	2016		2015
Building and improvements	$	7,673	$	7,673
Leasehold improvements	3,119		3,024
Land	6,671		6,671
Furniture, fixtures and equipment	5,106		4,498
Construction in Progress	365		—
	22,934		21,866
Less accumulated depreciation	5,521		4,417
	$	17,413	$	17,449

The Company recorded depreciation expense of approximately $1,111, $1,040 and $1,045 for the years ended December 31, 2016 , 2015 and 2014, respectively.

Non-marketable Equity Securities

12 Months Ended

Dec. 31, 2016

Non-marketable Equity Securities.

Non-marketable Equity Securities

Investments in non-marketable equity securities in the accompanying consolidated balance sheets are summarized as follows:



	December 31,
	2016		2015
Federal Home Loan Bank of Dallas stock	$	3,846	$	1,270
Federal Reserve Bank of Dallas stock	3,470		2,847
Other non-marketable equity securities	50		50
	$	7,366	$	4,167

Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible assets in the accompanying consolidated balance sheets are summarized as follows:



	December 31, 2016
	Weighted	Gross				Net
	Amortization	Intangible		Accumulated		Intangible
	Period	Asset		Amortization		Asset
Core deposit intangibles	6.2 years	$	3,459	$	1,914	$	1,545
Servicing asset	7.9 years	814		213		601
Other intangible assets	4.3 years	106		71		35
		$	4,379	$	2,198	$	2,181



	December 31, 2015
	Weighted	Gross				Net
	Amortization	Intangible		Accumulated		Intangible
	Period	Asset		Amortization		Asset
Core deposit intangibles	6.7 years	$	3,459	$	1,517	$	1,942
Servicing asset	10.1 years	449		23		426
Other intangible assets	5.3 years	107		65		42
		$	4,015	$	1,605	$	2,410

For the years ended December 31, 2016, 2015 and 2014, amortization expense related to intangible assets of approximately $595, $378 and $306 respectively, is included within amortization of intangibles, occupancy and equipment, and other income within the consolidated statements of income. The estimated aggregate future amortization expense for intangible assets remaining as of December 31, 2015 was as follows:



Year	Amount
2017	$	493
2018	402
2019	283
2020	257
2021	208
Thereafter	538
	$	2,181

Goodwill

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Changes in the carrying amount of goodwill are summarized as follows:



	December 31,
	2016		2015
Beginning of year	$	26,865	$	19,148
Effect of acquisitions	—		7,717
Impairment losses	—		—
End of year	$	26,865	$	26,865

Deposits

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

Deposits

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



	December 31,
	2016		2015
Noninterest-bearing demand accounts	$	327,614	$	301,367
Interest-bearing demand accounts	69,570		72,536
Savings accounts	11,166		9,045
Limited access money market accounts	579,950		381,646
Certificates of deposit, greater than $100	115,214		86,048
Certificates of deposit, less than $100	16,116		17,768
Total	$	1,119,630	$	868,410

As of December 31, 2016, the scheduled maturities of certificates of deposit were as follows:



Year	Amount
2017	$	107,633
2018	17,824
2019	3,176
2020	2,298
2021	388
2022	11
Total	$	131,330

The aggregate amount of demand deposit overdrafts that have been reclassified as loans was $30 and $63 as of December 31, 2016 and 2015, respectively. Brokered deposits at December 31, 2016 and 2015 totaled approximately $27,035 and $80,841, respectively.

Advances from the Federal Home Loan Bank

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

Advances from the Federal Home Loan Bank

Advances from the Federal Home Loan Bank totaled $38,306 and $28,444 at December 31, 2016 and 2015, respectively. As of December 31, 2016, the advances were collateralized by a blanket floating lien on certain securities and loans, had a weighted average rate of 0.77% and mature on various dates during 2017, 2018 and 2022. The Company had the availability to borrow additional funds of approximately $369,352 as of December 31, 2016.

Contractual maturities of FHLB advances at December 31, 2016 were as follows:



2017	$	10,000
2018	25,000
2019	—
2020	—
2021	—
Thereafter	3,306
Total	$	38,306

Other Credit Extensions	12 Months Ended
Other Credit Extensions	Dec. 31, 2016
Debt Disclosure [Abstract]
Other Credit Extensions	Other Credit Extensions As of December 31, 2016 and 2015, the Company maintained two credit facilities with commercial banks which provide federal funds credit extensions with an availability to borrow up to an aggregate amount of approximately $14,600. There were no borrowings against these lines as of December 31, 2016 and 2015. As of December 31, 2016 and 2015, the Company maintained a secured line of credit with the Federal Reserve Bank with an availability to borrow approximately $197,262 and $152,235, respectively. Approximately $265,001 and $208,677 of commercial loans were pledged as collateral at December 31, 2016 and 2015, respectively. There were no borrowings against this line as of December 31, 2016 and 2015.

Junior Subordinated Debentures and Subordinated Notes

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Junior Subordinated Debentures and Subordinated Notes

Junior subordinated debentures and subordinated notes in the accompanying consolidated balance sheets are as follows:



	December 31,
	2016		2015
Junior subordinated debentures⁽¹⁾	$	3,093	$	3,093
Subordinated notes⁽²⁾	$	4,942	$	4,934


(1)	Trust Securities with a rate of LIBOR plus 1.85% debentures payable to Parkway National Capital Trust 1 with stated maturity of 2036.


(2)	Unsecured notes with a fixed rate of 6% payable to entities of an affiliate with stated maturity of 2023 (less discount of $15 and $17 and issuance costs of $43 and $49 as of December 31, 2016 and 2015, respectively.

Junior Subordinated Debentures

In connection with the acquisition of Fidelity Resource Company during 2011, the Company assumed $3,093 in fixed/floating rate junior subordinated debentures underlying common securities and preferred capital securities, or the Trust Securities, issued by Parkway National Capital Trust I (“Trust”), a statutory business trust and acquired wholly-owned subsidiary of the Company. The Company assumed the guarantor position and as such, unconditionally guarantees payment of accrued and unpaid distributions required to be paid on the Trust Securities subject to certain exceptions, the redemption price when a capital security is called for redemption and amounts due if a trust is liquidated or terminated.

The Company owns all of the outstanding common securities of the Trust. The Trust used the proceeds from the issuance of its Trust Securities to buy the debentures originally issued by Fidelity Resource Company. These debentures are the Trust’s only assets and the interest payments from the debentures finance the distributions paid on the Trust Securities.

The Trust Securities pay cumulative cash distributions quarterly at a rate per annum equal to the 3-month LIBOR plus 1.85% percent. So long as no event of default leading to an acceleration event has occurred, the Company has the right at any time and from time to time during the term of the debenture to defer payments of interest by extending the interest distribution period for up to twenty consecutive quarterly periods. The effective rate as of December 31, 2016 and 2015 was 2.70% and 2.18%, respectively. The Trust Securities are subject to mandatory redemption in whole or in part, upon repayment of the debentures at the stated maturity in the year 2036 or their earlier redemption, in each case at a redemption price equal to the aggregate liquidation preference of the Trust Securities plus any accumulated and unpaid distributions thereon to the date of redemption. Prior redemption is permitted under certain circumstances.

The Trust Securities qualify as Tier 1 capital, subject to regulatory limitations, under guidelines established by the Federal Reserve.

Subordinated Notes

During 2013 the Company issued, in the aggregate principal amount of $5,000, subordinated promissory notes (Notes) via a private offering. The Notes were issued to certain entities controlled by an affiliate of the Company for the purpose of using the proceeds to support the growth of the Company. The Notes are unsecured, with interest payable quarterly at a fixed rate of 6% per annum, and unpaid principal and interest due at the stated maturity in the year 2023. The Notes qualify as Tier 2 Capital, subject to regulatory limitations, under guidelines established by the Federal Reserve. In addition, the Notes may be redeemed in whole or in part on any interest payment date that occurs on or after December 23, 2018 subject to approval of the Federal Reserve in compliance with applicable statutes and regulations.

In connection with the issuance of the Notes, the Company issued warrants to purchase 25,000 shares of common stock of the Company at $11 per share, exercisable at any time, in whole or in part, prior to December 31, 2023. The fair value of the warrants was calculated at $0.80 and is recorded as additional paid-in capital and the related debt discount is being accreted into interest expense.

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Taxes

The provision for income taxes is summarized as follows:



	Year Ended December 31,
	2016			2015			2014
Income tax expense (benefit):
Current	$	7,833		$	4,492		$	3,171
Deferred	(1,366		)	(375		)	(466		)
	$	6,467		$	4,117		$	2,705

The table below reconciles income tax expense for the years ended December 31, 2016, 2015 and 2014 computed by applying the applicable U.S. Federal statutory income tax rate, reconciled to the tax expense computed at the effective income tax rate:



	Year Ended December 31,
	2016			2015			2014
Federal income tax expense rate at 35% for December 31, 2016 and 34% for December 31, 2015 and 2014	$	6,656		$	4,388		$	2,690
Bank-owned life insurance	(216		)	(208		)	(118		)
Non-deductible dues and memberships	59			56			50
Non-deductible meals and entertainment	49			46			43
Recognition of deferred tax asset related to non-qualified stock options ⁽¹⁾	—			(186		)	—
Other	(81		)	21			40
Total income tax expense	$	6,467		$	4,117		$	2,705
Effective tax rate	34.0		%	31.9		%	34.2		%


(1)	Discrete tax item.

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. Significant components of the Company’s deferred tax assets and liabilities are as follows:



	December 31,			December 31,
	2016			2015
Deferred tax assets:
Net operating loss	$	165		$	166
Organizational costs	405			150
Allowance for loan losses	3,129			2,423
Deferred loan fees	19			21
Non-accrual interest	13			4
Capital loss carryforward	95			85
FHLB Borrowing	57			65
Deferred rent expenses	90			65
Restricted stock	182			88
Stock options	399			283
Accrued bonuses	437			319
Other	182			204
Total deferred tax assets	5,173			3,873
Deferred tax liabilities:
Net unrealized (loss) gain on securities available for sale	(643		)	(73		)
Core deposit intangibles	541			663
FHLB stock dividends	13			4
Bank premises and equipment	1,795			1,747
Total deferred tax liabilities	1,706			2,341
Net deferred tax asset	$	3,467		$	1,532

Included within other assets in the accompanying consolidated balance sheets as of December 31, 2016 is a current tax receivable of $91 and a net deferred tax asset of $3,467. Included in the accompanying consolidated balance sheets in as of December 31, 2015 is a current tax liability of $488 in accrued interest payable and other liabilities and a net deferred tax asset of $1,532 in other assets.

For federal income tax purposes, the Company has a net operating loss carry-forward of approximately $472 that will expire beginning in 2030.

Commitment and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

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 expiring in various years through 2022. Minimum future rental payments under these non-cancelable operating leases as of December 31, 2016 for each of the next five years and in the aggregate are:



Year End December 31,	Amount
2017	$	1,405
2018	1,265
2019	1,133
2020	1,061
2021	996
Thereafter	530
Total	$	6,390

The Company acquired an executed sublease for a portion the rentable space at one of the acquired IBT branch locations which expires in February 2018. The total of minimum sublease rentals to be received in the future under this non-cancelable sublease is approximately $62.

Rental expense was approximately $1,432, $1,399 and $1,468 for the years ended December 31, 2016, 2015 and 2014, respectively. Rental income was approximately $58 and $30 for the years ended December 31, 2016 and 2015. There was no rental income for the year ended December 31, 2014.

Certain of the operating leases above provide for renewal options at their fair value at the time of renewal. In the normal course of business, operating leases are generally renewed or replaced by other leases.

Other Non-interest Expense

12 Months Ended

Dec. 31, 2016

Other Expense, Nonoperating [Abstract]

Other Non-interest Expense

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



	For the Year Ended December 31,
	2016		2015		2014
Business development	$	226	$	205	$	192
Office and postage	308		341		240
Insurance	155		139		92
Security	202		136		115
Travel	45		45		41
Training	91		47		45
Other	813		593		331
Total	$	1,840	$	1,506	$	1,056

Fair Value Disclosures

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

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 and mortgage-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 December 31, 2016 and 2015, 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 December 31, 2016
Investment securities available for sale	$	—	$	102,559	$	—	$	102,559
As of December 31, 2015
Investment securities available for sale	$	—	$	75,813	$	—	$	75,813

There were no liabilities measured at fair value on a recurring basis as of December 31, 2016 and 2015.

There were no transfers between Level 2 and Level 3 during the years ended December 31, 2016 and 2015.

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 comparisons 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 December 31, 2016 and 2015, 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 December 31, 2016
Assets:
Impaired loans	$	—	$	—	$	1,593	$	1,593
Other real estate owned	$	—	$	—	$	—	$	—
As of December 31, 2015
Assets:
Impaired loans	$	—	$	—	$	2,379	$	2,379
Other real estate owned	$	—	$	—	$	—	$	—

At December 31, 2016, impaired loans had a carrying value of $1,593 with $250 specific allowance for loan loss allocated. At December 31, 2015, impaired loans had a carrying value of $2,379, with $193 specific allowance for loan loss allocated.

The Company records other real estate at fair value less estimated costs to sell at the date of foreclosure. After foreclosure, other real estate is carried at the lower of the initial carrying amount (fair value less estimated costs to sell or lease), or at the value determined by subsequent appraisals or internal valuations of the other real estate.

There were no liabilities measured at fair value on a non-recurring basis as of December 31, 2016 and 2015.

For Level 3 financial assets measured at fair value as of December 31, 2016 and 2015, the significant unobservable inputs used in the fair value measurements were as follows:



December 31, 2016
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	1,593	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	—	Collateral Method	Adjustments for selling costs	8	%



December 31, 2015
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	2,379	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	—	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.

Servicing Assets: Fair value of the servicing assets is estimated using discounted cash flows based on current market interest rates.

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 consolidated financial statements.

The estimated fair values and carrying values of all financial instruments under current authoritative guidance as of December 31, 2016 and 2015 were as follows:



	December 31,				December 31,
	2016				2015
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Level 2 inputs:
Cash and cash equivalents	$	234,791	$	234,791	$	71,551	$	71,551
Investment securities	102,559		102,559		75,813		75,813
Loans held for sale	5,208		5,208		2,831		2,831
Accrued interest receivable	2,907		2,907		2,216		2,216
Bank-owned life insurance	20,077		20,077		19,459		19,459
Servicing asset	601		601		426		426
Non-marketable equity securities	7,366		7,366		4,167		4,167
Level 3 inputs:
Loans, net	983,318		987,021		813,733		811,455
Financial liabilities:
Level 2 inputs:
Deposits	1,119,630		$	1,085,888	$	868,410	$	844,966
Advances from FHLB	38,306		38,570		28,444		28,826
Accrued interest payable	141		141		108		108
Junior subordinated debentures	3,093		3,093		3,093		3,093
Subordinated notes	4,942		4,942		4,983		4,983

- 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

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

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 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 December 31, 2016 and 2015:



	December 31,		December 31,
	2016		2015
Commitments to extend credit	$	236,919	$	236,678
Standby and commercial letters of credit	6,933		1,950
	$	243,852	$	238,628

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

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

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 years ending December 31, 2016 and 2015.

ESOP

Effective January 1, 2012, the Company adopted the 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 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. As of December 31, 2016 and 2015, the company received a $109 debt payment from the ESOP and released 9,210 and 8,942 shares from collateral. The released shares were allocated to employee 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 consolidated statements of income for years ended December 31, 2016, 2015 and 2014 was approximately $204, $154 and $150, respectively.

The following is a summary of the ESOP shares as of December 31, 2016 and December 31, 2015.



	December 31, 2016		December 31, 2015
Allocated shares	44,257		35,047
Unearned shares	18,783		27,993
Total ESOP shares	63,040		63,040
Fair value of unearned shares	$	502	$	454

Stock and Incentive Plans

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

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 “2010 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 2010 Incentive Plan is 1,000,000. The 2010 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 2010 Incentive Plan. The Company may grant either incentive stock options or nonqualified stock options as directed in the 2010 Incentive Plan.

The Board authorized that the 2010 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 2010 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 2010 Incentive Plan. Restricted share awards generally vest after 4 years of continuous service. The terms of the 2010 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.

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 2010 Incentive Plan.

During the years ending December 31, 2016 and 2015, the Company did not award any restricted stock units, non-performance based stock options or performance-based stock options under the 2010 incentive plan.

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 years ended December 31, 2016, 2015 and 2014, approximately $125, $224 and $329 of stock compensation expense related to the 2010 Incentive Plan, respectively, was recognized in the accompanying condensed consolidated statements of income.

A summary of option activity under the 2010 Incentive Plan at December 31, 2016 and 2015, and changes during the years then ended is presented below:



	2016
	Nonperformance-based stock options
	Shares Underlying Options	Weighted Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	325,500	$	10.15	5.56 years
Granted during the period	—	—
Forfeited during the period	—	—
Cancelled during the period	—	—
Exercised during the period	—	—
Outstanding at the end of period	325,500	$	10.15	4.56 years
Options exercisable at end of period	306,000	$	10.09	4.44 years
Weighted average fair value of options granted during the period		$	—



	2015
	Nonperformance-based stock options
	Shares Underlying Options		Weighted Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	352,500		$	10.14	6.58 years
Granted during the period	—		—
Forfeited during the period	(6,000	)	10.00
Cancelled	—		—
Exercised during the period	(21,000	)	10.00
Outstanding at the end of period	325,500		$	10.15	5.56 years
Options exercisable at end of period	238,500		$	10.08	5.41 years
Weighted average fair value of options granted during the period			$	—

As of December 31, 2016 and 2015, the aggregate intrinsic value was $5,390 and $1,971, respectively, for outstanding non-performance-based stock options and $5,086 and $1,462, respectively, for exercisable non-performance-based stock options.

As of December 31, 2016 and 2015, there was approximately $21 and $51, respectively, of unrecognized compensation expense related to non-performance-based stock options. The unrecognized compensation expense as of December 31, 2016 is expected to be recognized over the remaining weighted average requisite service period of 1.43 years.

A summary of the status of the Company’s restricted stock units under the 2010 Incentive Plan as of December 31, 2016 and 2015, and changes during the years then ended is as follows:



	2016				2015
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1,	39,750		$	11.34	62,250		$	10.86
Granted during the period	—		—		—		—
Vested during the period	(12,000	)	10.00		(20,000	)	10.00
Forfeited during the period	—		—		(2,500	)	10.17
Nonvested at December 31,	27,750		$	11.92	39,750		$	11.34

As of December 31, 2016 and 2015, there was $90 and $174, respectively, of total unrecognized compensation expense related to non-vested restricted stock units. The compensation expense as of December 31, 2016 is expected to be recognized over the remaining weighted average requisite service period of 1.19 years.

2014 Omnibus Plan

In September 2014, the Company adopted an omnibus incentive plan (the “2014 Omnibus Plan”). The purpose of the 2014 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 2014 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 2014 Omnibus Plan is 1,000,000.

During the year ended December 31, 2016, the Company awarded 25,060 non-performance restricted stock units, 34,190 performance based restricted, and 76,286 non-performance-based stock options under the 2014 Omnibus Plan. During the year ended December 31, 2015, the Company awarded 8,000 non-performance based restricted stock units, 25,474 performance based restricted stock units, and 52,080 non-performance-based stock options under the 2014 Omnibus Plan.

The non-performance options generally vest equally over three years from the date of grant. The performance-based restricted stock units include a market condition based on the Company’s total shareholder return relative to a market index that determines the number of restricted stock units that may vest equally over a three year period from the grant date. The non-performance restricted stock units fully vest over the requisite service period generally ranging from one to five years.

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 year ended December 31, 2016, compensation expense for awards granted under the 2014 Omnibus Plan was approximately $224 and $633 for options and restricted stock units, respectively.

For the year ended December 31, 2015 and 2014, compensation expense for awards granted under the 2014 Omnibus Plan was approximately $83 and $0 for options and $326 and $126 for restricted stock units, respectively.

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 Year Ended December 31,
	2016	2015
Dividend yield	—%	—
Expected life	5.0 to 6.5 years	6.0 to 6.5 years
Expected volatility	33.37% to 37.55%	37.00% to 37.55%
Risk-free interest rate	1.06% to 2.01%	1.76% to 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 under the 2014 Omnibus Plan as of December 31, 2016, and changes during the year then ended, is as follows:



	2016				2015
	Nonperformance-based stock options				Nonperformance-based stock options
	Shares Underlying Options	Weighted Exercise Price		Weighted Average Contractual Term	Shares Underlying Options	Weighted Average Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	52,080	$	14.35	9.12 years	—	$	—	—
Granted during the period	76,286	15.98			52,080	14.35
Forfeited during the period	—	—			—	—
Cancelled during the period	—	—			—	—
Exercised during the period	—	—			—	—
Outstanding at the end of period	128,366	$	15.32	8.69 years	52,080	$	14.35	9.12 years
Options exercisable at end of period	16,293	$	14.28	8.08 years	—	$	—	—
Weighted average fair value of options granted during the period		$	6.04			$	5.57

As of December 31, 2016 and 2015, the aggregate intrinsic value was $1,462 and $97 for outstanding stock options under the 2014 Omnibus Plan. As of December 31, 2016 the aggregate intrinsic value was $203 for exercisable stock options outstanding under the Omnibus Plan, and there were no exercisable stock options outstanding under the 2014 Omnibus Plan as of December 31, 2015.

A summary of the status of the Company’s non-performance based restricted stock units under the 2014 Omnibus Plan as of December 31, 2016 and 2015, and changes during the year then ended is as follows:



	2016				2015
	Non-performance Based				Non-performance Based
	Restricted Stock Units				Restricted Stock Units
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1,	70,919		$	13.29	82,903		$	13.00
Granted during the year	25,060		15.83		8,000		15.58
Vested during the year	(28,023	)	14.35		(16,451	)	13.00
Forfeited during the year	—		—		(3,533	)	13.00
Nonvested at December 31,	67,956		$	13.79	70,919		$	13.29

A summary of the status of the Company’s performance based restricted stock units under the 2014 Omnibus Plan as of December 31, 2016 and 2015, and changes during the year then ended is as follows:



	2016				2015
	Performance Based				Performance Based
	Restricted Stock Units				Restricted Stock Units
	Shares		Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Nonvested at January 1,	25,474		$	9.45	—	$	—
Granted during the year	34,190		9.52		25,474	9.45
Vested during the year	(8,467	)	14.17		—	—
Forfeited during the year	—		—		—	—
Nonvested at December 31,	51,197		$	8.72	25,474	9.45

As of December 31, 2016 and 2015 there was $1,089 and $979 of total unrecognized compensation expense related to restricted stock units awarded under the 2014 Omnibus Plan, respectively. As of December 31, 2016 and 2015 there was $425 and $187 of total unrecognized compensation expense related to stock options 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 period of 2.25 and 2.61 years, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Significant Concentrations of Credit Risk	12 Months Ended
Significant Concentrations of Credit Risk	Dec. 31, 2016
Risks and Uncertainties [Abstract]
Significant Concentrations of Credit Risk	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.

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In the ordinary course of business, the Company has and expects to continue to have transactions, including borrowings, with its employees, officers, directors and their affiliates. In the opinion of management, such transactions are on the same terms, including interest rates and collateral requirements, as those prevailing at the time for comparable transactions with unaffiliated persons. The aggregate amounts of such loans were approximately $27,296 and $8,371 as of December 31, 2016 and 2015, respectively. During the year ended December 31, 2016, new advances of approximately $23,469 were made with approximately $4,586 principal payments received. During the year ended December 31, 2015, new advances of approximately $6,100 were made with approximately $9,082 principal payments received. There were $9,951 and $3,425 in unfunded commitments to related parties as of December 31, 2016 and 2015, respectively. Deposits received from related parties as of December 31, 2016 and 2015 totaled approximately $25,994 and $29,892, respectively. As disclosed in Note 13, the Company issued $5,000 in subordinated notes to two entities controlled by a certain affiliate of the Company.

Preferred Stock	12 Months Ended
Preferred Stock	Dec. 31, 2016
Equity [Abstract]
Preferred Stock	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 qualified as Tier 1 capital and paid 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 December 22, 2015 was set at 1.00% based upon the increase in QBSL as compared to the baseline. 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. On December 22, 2015, the Company redeemed all 8,000 shares of SBLF Preferred Stock at its liquidation value of $1,000 per share plus accrued dividends for a total redemption amount of $8,018. The redemption was approved by the Company’s primary federal regulator and was funded with the Company’s surplus capital. Immediately after the redemption, the Company’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. The redemption terminates the Company’s participation in the SBLF program.

Capital Requirements and Restrictions on Retained Earnings

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

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 Company on a consolidated basis and the Bank are 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 Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Company’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 to be fully phased in by January 1, 2019.

Starting in January 2016, the implementation of the capital conservation buffer will be effective for the Company starting at the 0.625% level and increasing 0.625% each year thereafter, until it reaches 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress and effectively increases the minimum required risk-weighted capital ratios.

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, CET1 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 December 31, 2016 and December 31, 2015 that the Bank met all capital adequacy requirements to which it was subject.

As of December 31, 2016 and December 31, 2015, the Company’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 Company must maintain minimum total risk‑based, CET1, Tier 1 risk‑based and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since December 31, 2016 that management believes have changed the Company’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:



	Actual					For Capital Adequacy Purposes						To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio			Amount			Ratio			Amount			Ratio
As of December 31, 2016
Total capital (to risk-weighted assets)
Company	$	228,566	22.02	%	≥	$	83,039	≥	8.0	%	≥	n/a		≥	n/a
Bank	$	130,237	12.55	%	≥	$	83,020	≥	8.0	%	≥	$	103,775	≥	10.0	%
Tier 1 capital (to risk-weighted assets)
Company	$	215,057	20.72	%	≥	$	62,275	≥	6.0	%	≥	n/a		≥	n/a
Bank	$	121,713	11.73	%	≥	$	62,257	≥	6.0	%	≥	$	83,010	≥	8.0	%
Common equity tier 1 to risk-weighted assets
Company	$	211,964	20.42	%	≥	$	46,711	≥	4.5	%	≥	n/a		≥	n/a
Bank	$	121,713	11.73	%	≥	$	46,693	≥	4.5	%	≥	$	67,445	≥	6.5	%
Tier 1 capital (to average assets)
Company	$	215,057	16.82	%	≥	$	51,143	≥	4.0	%	≥	n/a		≥	n/a
Bank	$	121,713	9.52	%	≥	$	51,140	≥	4.0	%	≥	$	63,925	≥	5.0	%
As of December 31, 2015
Total capital (to risk-weighted assets)
Company	$	119,208	14.25	%	≥	$	66,924	≥	8.0	%	≥	n/a		≥	n/a
Bank	$	104,427	12.49	%	≥	$	66,887	≥	8.0	%	≥	$	83,608	≥	10.0	%
Tier 1 capital (to risk-weighted assets)
Company	$	107,453	12.85	%	≥	$	50,173	≥	6.0	%	≥	n/a		≥	n/a
Bank	$	97,655	11.68	%	≥	$	50,165	≥	6.0	%	≥	$	66,887	≥	8.0	%
Common equity tier 1 to risk-weighted assets
Company	$	104,360	12.48	%	≥	$	37,630	≥	4.5	%	≥	n/a		≥	n/a
Bank	$	97,655	11.68	%	≥	$	37,624	≥	4.5	%	≥	$	54,346	≥	6.5	%
Tier 1 capital (to average assets)
Company	$	107,453	10.75	%	≥	$	39,983	≥	4.0	%	≥	n/a		≥	n/a
Bank	$	97,655	9.78	%	≥	$	39,941	≥	4.0	%	≥	$	49,926	≥	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
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-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
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-URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Topic 942
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-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
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-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

Business Combinations

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Business Combinations

All acquisitions were accounted for using the acquisition method of accounting. Accordingly, the assets and liabilities of the acquired entities were recorded at their estimated fair values at the acquisition date. ASC 820 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 willing participants at the measurement date. The Company determines the estimated fair values after review and consideration of relevant information, including discounted cash flows, quoted market prices, third party valuations, and estimates made by management. The excess of the purchase price over the estimated fair value of the net assets for tax-free acquisitions is recorded as goodwill, none of which is deductible for tax purposes. The identified core deposit intangibles for the acquisition are being amortized on straight-line basis with no residual value over an estimated life of ten years. Acquisition-related costs are recognized separately from the acquisition and are expensed as incurred. The results of operations for each acquisition have been included in the Company’s consolidated financial results beginning on the respective acquisition date.

The measurement period for the Company to determine the fair values of acquired identifiable assets and assumed liabilities will end at the earlier of (1) twelve months from the date of the acquisition or (2) as soon as the Company receives the information it was seeking about facts and circumstances that existed as of the acquisition date or learns that more information is not obtainable.

On July 1, 2015, the Company completed the acquisition of IBT, the parent holding company of Independent Bank, headquartered in Irving, Texas with two banking locations in the Dallas metropolitan area. The acquisition was not considered significant to the Company’s financial statements and therefore pro forma financial data and related disclosures are not included. The Company determined that the disclosure requirements related to the amounts of revenues and earnings of the acquired company included in the consolidated statements of income since the acquisition date is impracticable. The disclosure requirements are deemed impracticable because the Company does not consider IBT a separate reporting segment and does not track the amount of revenue, expense and net income attributable to IBT since acquisition.

Under the terms of the definitive agreement, the Company issued 1,185,067 shares of its common stock (with cash in lieu of fractional shares) and paid approximately $4,000 in cash for the outstanding shares of IBT common stock in connection with the closing of the acquisition.

During the three months ended December 31, 2015, the Company made certain measurement-period adjustments to previous purchase accounting estimates for the July 1, 2015 acquisition of IBT. The differences from estimated values resulted from completion of the valuations.

Fair values of the assets acquired and liabilities assumed in this transaction as of the closing date and subsequent measurement period adjustments are presented as follows:



Assets of acquired bank:	Initially Recorded at Acquisition Date		Measurement Period Adjustments			Final Recorded Value
Cash and cash equivalents	$	15,150	$	—		$	15,150
Securities available for sale	4,646		—			4,646
Loans	88,497		(38		)	88,459
Bank premises, furniture and equipment (1)	4,947		—			4,947
Securities available for sale	790		—			790
Bank-owned life insurance	1,024		—			1,024
Accrued interest receivable	250		—			250
Goodwill	6,877		840			7,717
Servicing assets	323		—			323
Core deposit intangibles	1,078		—			1,078
Other assets	504		(504		)	—
Total assets	$	124,086	$	298		$	124,384
Liabilities of acquired bank:
Deposits	$	97,426	$	—		$	97,426
FHLB advances	3,503		—			3,503
Other borrowings	926		—			926
Other liabilities	526		298			824
Total liabilities	$	102,381	$	298		$	102,679
Cash paid to shareholders of acquired entity	$	4,000	$	—		$	4,000
1,185,067 shares of common stock exchanged in connection with acquisition	$	17,705	$	—		$	17,705

(1) Included within bank premises, furniture and equipment is building and land at fair values of $3,310 and $1,490, respectively.

Pending Merger with Sovereign Bancshares, Inc.

On December 14, 2016, the Company entered into a definitive agreement to merge with Dallas-based Sovereign Bancshares, Inc. and its wholly-owned subsidiary Sovereign Bank. As of December 31, 2016, Sovereign reported, on a consolidated basis, total assets of $1.1 billion and total deposits of $857.3 million. Upon the completion of the proposed merger with Sovereign, the Company expects to acquire Sovereign’s seven additional branches in the Dallas-Forth Worth metroplex, two branches in the Austin, Texas metropolitan area and one branch in the Houston, Texas metropolitan area. Under the terms of the merger agreement, the Company will issue 5,117,647 shares of its common stock and will pay approximately $58.0 million in cash to existing shareholders of Sovereign Bancshares, subject to certain conditions and potential adjustments as described in the merger agreement. In connection with the transaction, two representatives of Sovereign Bancshares’ board of directors will join the Company’s board of directors. The merger agreement contains customary representations and warranties and covenants by the Company and Sovereign Bancshares. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals and approval of the merger agreement by the shareholders of Sovereign Bancshares and the issuance of shares by the shareholders of Veritex Holdings. The transaction is expected to close during the second quarter of 2017.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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+ Details

Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Parent Company Only Financial Statements

The following balance sheets, statements of income and statements of cash flows for Veritex Holdings, Inc. should be read in conjunction with the consolidated financial statements and the notes thereto.

Balance Sheet



	December 31,
	2016			2015
Assets
Cash and cash equivalents	$	98,366		$	14,512
Investment in subsidiaries	148,921			125,435
Other assets	438			283
Total assets	$	247,725		$	140,230
Liabilities and Stockholders’ Equity
Other liabilities	$	602		$	157
Other borrowings	8,035			8,027
Total liabilities	8,637			8,184
Stockholders’ equity
Preferred stock	—			—
Common stock	152			107
Additional paid-in capital	211,173			115,721
Retained earnings	29,290			16,739
Unallocated employee stock ownership plan shares	(209		)	(309		)
Accumulated other comprehensive income	(1,248		)	(142		)
Treasury stock	(70		)	(70		)
Total stockholders’ equity	239,088			132,046
Total liabilities and stockholders’ equity	$	247,725		$	140,230

Statements of Income



	Year Ended December 31,
	2016			2015			2014
Interest income:
Other	$	2		$	2		$	2
Interest expense:
Interest on borrowings	388			376			379
Net interest expense	(386		)	(374		)	(377		)
Noninterest expense:
Salaries and employee benefits	161			161			162
Professional fees	828			799			212
Other	1			2			17
Total noninterest expense	990			962			391
Loss before income tax benefit and equity in undistributed income of subsidiaries	(1,376		)	(1,336		)	(768		)
Income tax benefit	(480		)	(454		)	(256		)
Income before equity in undistributed income of subsidiaries	(896		)	(882		)	(512		)
Equity in undistributed income of bank	13,447			9,672			5,717
Net income	$	12,551		$	8,790		$	5,205

Statements of Cash Flows



	Year Ended December 31,
	2016			2015			2014
Cash flows from operating activities:
Net income	$	12,551		$	8,790		$	5,205
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Amortization of debt costs	8			2			2
Equity in undistributed net income of Bank	(13,447		)	(9,672		)	(5,717		)
Decrease in other assets	(155		)	9			68
Decrease in other liabilities	270			(144		)	(444		)
Net cash used in operating activities	(773		)	(1,015		)	(886		)
Cash flows from investing activities:
Net cash paid in acquisition	—			(3,841		)	—
Capital investment in subsidiary	(10,000		)	—			(15,000		)
Net cash used in investing activities	(10,000		)	(3,841		)	(15,000		)
Cash flows from financing activities:
Proceeds from issuance of common stock, net offering costs of $489 for December 31, 2016 and $4,574 for December 31, 2014	94,518			—			35,791
Proceeds from the issuance of common stock, net offering costs of $61 for the year ended December 31, 2014	—			—			5,438
Proceeds from exercise of employee stock options	—			210			—
Redemption of SBLF preferred stock series C	—			(8,000		)	—
Proceeds from payments on ESOP loan	109			109			118
Offering costs paid in connection with acquisition	—			(252		)	—
Dividends paid on preferred stock	—			(98		)	(80		)
Net cash provided by financing activities	94,627			(8,031		)	41,267
Net increase in cash and cash equivalents	83,854			(12,887		)	25,381
Cash and cash equivalents at beginning of year	14,512			27,399			2,018
Cash and cash equivalents at end of year	$	98,366		$	14,512		$	27,399

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References + Details

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

All material intercompany transactions have been eliminated upon consolidation.

Accounting Standards Codification

Accounting standards codification

Segment Reporting

Reclassifications

Certain prior period amounts have been reclassified to conform to the 2016 financial statement presentation.

Initial Public Offering (IPO)

Acquisition

Use of Estimates

Cash and Cash Equivalents

For the purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks and federal funds sold.

Restrictions on cash

The Bank is required to maintain regulatory reserve balances with the Federal Reserve Bank.

Investment Securities

Loans Held for Sale

Loans and Allowance for Loan Losses

The allowance for loan losses is increased by charges to income and decreased by charge-offs (net of recoveries).

Certain Acquired Loans

Loans to which ASC 310-30 accounting is applied are deemed purchased credit impaired (“PCI”) loans.

Transfers of Financial Assets

Bank Premises and Equipment



Buildings and improvements	10 - 40 years
Leasehold improvements	Term of lease
Furniture and equipment	3 - 10 years

Major replacements and betterments are capitalized while maintenance and repairs are charged to expense when incurred. Gains or losses on dispositions are reflected in operations as incurred.

Non-Marketable Equity Securities

Other Real Estate Owned

Bank-Owned Life Insurance

Goodwill and Intangible Assets

Advertising and marketing

Advertising and Marketing

Advertising and marketing consists of the Company’s advertising and marketing in its local market. Advertising and marketing is expensed as incurred.

Income Taxes

The Company files a consolidated income tax return with its subsidiary. Federal income tax expense or benefit is allocated on a separate return basis.

Fair Values of Financial Instruments

Stock Based Compensation

Treasury Stock

Treasury stock is stated at cost, which is determined by the first-in, first-out method.

Comprehensive Income

ESOP

Business Combinations

Servicing Assets

Earnings Per Share

Earnings per share (EPS) are based upon the weighted-average shares outstanding.

Recent Accounting Pronouncements

ASU 2016-18 “Statement of Cash Flows (Topic 230): Restricted Cash” requires that the statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. For public companies, ASU 2016-18 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements.

ASU 2016-13 “Financial Instruments —Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”) amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. This Accounting Standards Update affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. The Company is continuing to evaluate the impact of the adoption of ASU 2016-03 and is uncertain of the impact on the consolidated financial statements at this point in time.

ASU 2016-09 “Compensation —Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”) simplifies several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods therein. The Company plans to adopt this guidance during the first quarter for the year ended December 31, 2017 and does not expect the adoption to have a material impact on its consolidated financial statements and related disclosures.

ASU 2016-02 “Leases (Topic 842)” is intended to improve the reporting of leasing transactions to provide users of financial statements with more decision-useful information. ASU 2016-02 will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements.

ASU 2016-01 “Financial Instruments─Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”) amends certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01, among other things, i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments, (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements and (viii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale. This update will be effective for the Company on January 1, 2018. The Company is in process of evaluating the impact of this pronouncement, which is not expected to have a significant impact on the consolidated financial statements.

ASU 2015-16 “Business Combinations (Topic 805)” (“ASU 2015-16”) requires that an acquirer retrospectively adjust provisional amounts recognized in a business combination, during the measurement period. To simplify the accounting for adjustments made to provisional amounts, the amendments in the Update require that the acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amount is determined. The acquirer is required to also record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. In addition an entity is required to present separately on the face of the income statement or disclose in the notes to the financial statements the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. ASU 2015-16 is effective for fiscal years beginning after December 31, 2015, including interim periods within those fiscal years. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

ASU 2015-03 “Simplifying the Presentation of Debt Issuance Costs (Subtopic 835-50)” (“ASU 2015-03”) amends the presentation of debt issuance costs in the balance sheet as a direct reduction from the carrying amount of the related debt liability. ASU 2015-03 is effective for annual and interim periods beginning after December 31, 2015. As the total amount of debt issuance costs for the interim periods were insignificant, the Company adopted the guidance as of December 31, 2016. The consolidated balance sheet as of December 31, 2016 reflects a reduction of $43 in other assets and subordinates notes. For comparability purposes, the Company reclassed the debt issuance costs of $49 as a reduction in other assets and subordinated notes as of December 31, 2015, see “Summary of Significant Accounting Policies—Reclassifications.”

ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”) implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 establishes a five-step model which entities must follow to recognize revenue and removes inconsistencies and weaknesses in existing guidance. The original effective date for ASU 2014-09 was for annual and interim periods beginning after December 15, 2016. However, in August 2015, the FASB issued ASU 2015-14, which deferred the effective date by one year, therefore it is now effective for interim and annual reporting periods beginning after December 15, 2017. The Company’s is continuing to evaluate the impact that ASU 2014-09 with the expectation to adopt the standard in the first quarter of 2018. This new standard would have an impact on components of non-interest income, however the Company’s preliminary analysis suggests that the adoption of this accounting guidance is not expected to have a material impact on the Company’s consolidated financial statements.

ASU 2014-12 “Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (“ASU 2014-12”) requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is intended to resolve the diverse accounting treatments of these types of awards in practice and is effective for annual and interim periods beginning after December 15, 2015. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Estimated Lives of the Respective Assets



Buildings and improvements	10 - 40 years
Leasehold improvements	Term of lease
Furniture and equipment	3 - 10 years

Schedule of Reconciliation Between Weighted Average Shares Used for Calculating Basic and Diluted EPS

The table below sets forth the reconciliation between weighted average shares used for calculating basic and diluted EPS for the years ended December 31, 2016, 2015 and 2014.



	Year Ended December 31,
	2016		2015		2014
Earnings (numerator)
Net income	$	12,551	$	8,790	$	5,205
Less: preferred stock dividends	—		98		80
Net income allocated to common stockholders	$	12,551	$	8,692	$	5,125
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands)	10,849		10,061		6,992
Dilutive effect of employee stock-based awards	209		271		161
Adjusted weighted average shares outstanding	11,058		10,332		7,153
Earnings per share:
Basic	$	1.16	$	0.86	$	0.73
Diluted	$	1.13	$	0.84	$	0.72

Supplemental Statement of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2016

Supplemental Cash Flow Elements [Abstract]

Schedule of Other Supplemental Cash Flow Information

Other supplemental cash flow information is presented below:



	Year Ended December 31,
	2016		2015		2014
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	$	5,607	$	3,520	$	2,927
Cash paid for income taxes	$	8,250	$	4,100	$	2,750
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	$	175	$	159	$	500
Net foreclosure of other real estate owned	$	283	$	493	$	1,115

Schedule of Supplemental Noncash Investing Activities

Supplemental schedule of noncash investing activities from the IBT acquisition is as follows:



	Year Ended December 31,
	2016		2015
Noncash assets acquired
Securities available for sale	—		4,646
Loans	—		88,459
Bank premises, furniture and equipment (1)	—		4,947
Securities available for sale	—		790
Bank-owned life insurance	—		1,024
Accrued interest receivable	—		250
Servicing assets	—		323
Goodwill	—		7,717
Core deposit intangibles	—		1,078
Other assets	—		—
Total assets	$	—	$	109,234
Noncash liabilities assumed:
Deposits	$	—	$	97,426
FHLB advances	—		3,503
Other borrowings	—		926
Other liabilities	—		824
Total liabilities	$	—	$	102,679
1,185,067 shares of common stock exchanged in connection with acquisition	$	—	$	17,705


(1)	For the year ended December 31, 2015, included within bank premises, furniture and equipment is building and land at fair values of $3,310 and $1,490, respectively.

Investment Securities (Tables)

12 Months Ended

Dec. 31, 2016

Investments, Debt and Equity Securities [Abstract]

Schedule of Carrying Amount and Approximate Fair Values of Available-For-Sale Securities

The carrying amount of securities and their approximate fair values are as follows:



	December 31, 2016
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	732	$	—	$	36	$	696
Municipal securities	14,540		2		500		14,042
Mortgage-backed securities	49,907		83		871		49,119
Collateralized mortgage obligations	38,507		32		612		37,927
Asset-backed securities	764		11		—		775
	$	104,450	$	128	$	2,019	$	102,559



	December 31, 2015
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Available for Sale
U.S. government agencies	$	3,823	$	—	$	36	$	3,787
Municipal securities	6,738		9		52		6,695
Mortgage-backed securities	46,180		169		292		46,057
Collateralized mortgage obligations	18,379		64		59		18,384
Asset-backed securities	907		—		17		890
	$	76,027	$	242	$	456	$	75,813

Schedule of Investment Securities That Have Been in a Continuous Unrealized Loss Position



	December 31, 2016
	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	$	—	$	—	$	696	$	36	$	696	$	36
Municipal securities	12,060		478		518		22		12,578		500
Mortgage-backed securities	37,274		802		6,848		69		44,122		871
Collateralized mortgage obligations	29,618		584		1,618		28		31,236		612
	$	78,952	$	1,864	$	9,680	$	155	$	88,632	$	2,019



	December 31, 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	$	2,978	$	7	$	809	$	29	$	3,787	$	36
Municipal securities	4,216		52		—		—		4,216		52
Mortgage-backed securities	32,255		253		2,792		39		35,047		292
Collateralized mortgage obligations	8,672		76		—		—		8,672		76
	$	48,121	$	388	$	3,601	$	68	$	51,722	$	456

Schedule of Amortized Costs and Estimated Fair Values of Securities Available-For-Sale, by Contractual Maturity

Therefore, these securities are not included in the maturity categories below.



	December 31, 2016
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	—	$	—
Due from one year to five years	4,009		3,974
Due from five years to ten years	3,522		3,346
Due after ten years	7,741		7,418
	15,272		14,738
Mortgage-backed securities	49,907		49,119
Collateralized mortgage obligations	38,507		37,927
Asset-backed securities	764		775
	$	104,450	$	102,559



	December 31, 2015
	Available For Sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	996	$	999
Due from one year to five years	4,869		4,851
Due from five years to ten years	428		417
Due after ten years	4,268		4,217
	10,561		10,484
Mortgage-backed securities	46,180		46,056
Collateralized mortgage obligations	18,379		18,384
Asset-backed securities	907		889
	$	76,027	$	75,813

Schedule of Proceeds From Sales of Investment Securities Available-For-Sale and Gross Gains and Losses

Proceeds from sales of investment securities available for sale and gross gains and losses for the years ended December 31, 2016, 2015 and 2014 were as follows:



	December 31,
	2016		2015		2014
Proceeds from sales	$	8,378	$	3,779	$	981
Gross realized gains	43		42		34
Gross realized losses	40		35		—

Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Summary of Loans

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



	December 31,			December 31,
	2016			2015
Real estate:
Construction and land	$	162,614		$	126,422
Farmland	8,262			11,696
1 - 4 family residential	140,137			137,704
Multi-family residential	14,683			8,695
Commercial Real Estate	370,696			284,622
Commercial	291,416			246,124
Consumer	4,089			5,304
	991,897			820,567
Deferred loan fees	(55		)	(62		)
Allowance for loan losses	(8,524		)	(6,772		)
	$	983,318		$	813,733

Schedule of Non-Accrual Loans, Excluding Purchased Credit Impaired Loans, Aggregated By Class of Loans

Non-accrual loans aggregated by class of loans, as of December 31, 2016 and 2015, are as follows:



	December 31,		December 31,
	2016		2015
Real estate:
Construction and land	$	—	$	—
Farmland	—		—
1 - 4 family residential	—		187
Multi-family residential	—		—
Commercial Real Estate	—		—
Commercial	930		383
Consumer	11		21
	$	941	$	591

Schedule of Age Analysis of Past Due Loans, Excluding Purchased Credit Impaired Loans, Aggregated by Class of Loans

An age analysis of past due loans, aggregated by class of loans, as of December 31, 2016 and 2015 is as follows:



	December 31, 2016
	30 to 59 Days		60 to 89 Days		90 Days or Greater		Total Past Due		Total Current		Total Loans		Total 90 Days Past Due and Still Accruing
Real estate:
Construction and land	$	1,047	$	—	$	—	$	1,047	$	161,567	$	162,614	$	—
Farmland	—		—		—		—		8,262		8,262		—
1 - 4 family residential	510		214		—		724		139,413		140,137		—
Multi-family residential	—		—		—		—		14,683		14,683		—
Commercial Real Estate	—		—		754		754		369,942		370,696		754
Commercial	1,344		438		532		2,314		289,102		291,416		81
Consumer	41		—		—		41		4,048		4,089		—
	$	2,942	$	652	$	1,286	$	4,880	$	987,017	$	991,897	$	835



	December 31, 2015
	30 to 59 Days		60 to 89 Days		90 Days or Greater		Total Past Due		Total Current		Total Loans		Total 90 Days Past Due and Still Accruing
Real estate:
Construction and land	$	3	$	—	$	—	$	3	$	126,419	$	126,422	$	—
Farmland	—		—		—		—		11,696		11,696		—
1 - 4 family residential	215		438		187		840		136,864		137,704		—
Multi-family residential	—		—		—		—		8,695		8,695		—
Commercial Real Estate	—		175		—		175		284,447		284,622		—
Commercial	883		81		159		1,123		245,001		246,124		83
Consumer	8		2		1		11		5,293		5,304		1
	$	1,109	$	696	$	347	$	2,152	$	818,415	$	820,567	$	84

Summary of Impaired Loans, Including Purchased Credit Impaired Loans and Troubled Debt Restructurings

Impaired loans, including purchased credit impaired loans and troubled debt restructurings, at December 31, 2016 and 2015 are summarized in the following tables.



	December 31, 2016
	Unpaid Contractual Principal Balance		Recorded Investment with No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	—
Farmland	—		—		—		—		—		—
1 - 4 family residential	164		164		—		164		—		265
Multi-family residential	—		—		—		—		—		—
Commercial Real Estate	382		382		—		382		—		440
Commercial	955		381		574		955		246		463
Consumer	92		81		11		92		4		12
Total	$	1,593	$	1,008	$	585	$	1,593	$	250	$	1,180



	December 31, 2015
	Unpaid Contractual Principal Balance		Recorded Investment with No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment YTD
Real estate:
Construction and land	$	—	$	—	$	—	$	—	$	—	$	10
Farmland	—		—		—		—		—		—
1 - 4 family residential	353		353		—		353		—		191
Multi-family residential	—		—		—		—		—		—
Commercial Real Estate	1,265		1,265		—		1,265		—		1,146
Commercial	740		390		350		740		186		533
Consumer	21		3		18		21		7		27
Total	$	2,379	$	2,011	$	368	$	2,379	$	193	$	1,907

Schedule of Terms of Certain Loans That Were Modified as Troubled Debt Restructurings

During the years ended December 31, 2016 and 2015, the terms of certain loans were modified as TDRs as follows:



				During the year ended December 31, 2016
				Post-Modification Outstanding Recorded Investment
	Number of Loans	Pre- Modification Outstanding Recorded Investment		Adjusted Interest Rate		Extended Maturity		Extended Maturity and Restructured Payments		Extended Maturity, Restructured Payments and Adjusted Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—	—		—		—		—		—
1 - 4 family residential	—	—		—		—		—		—
Multi-family residential	—	—		—		—		—		—
Commercial Real Estate	—	—		—		—		—		—
Commercial	2	175		—		—		169		—
Consumer	1	81		—		—		81		—
Total	3	$	256	$	—	$	—	$	250	$	—



				During the year ended December 31, 2015
				Post-Modification Outstanding Recorded Investment
	Number of Loans	Pre- Modification Outstanding Recorded Investment		Adjusted Interest Rate		Extended Maturity		Extended Maturity and Restructured Payments		Extended Maturity, Restructured Payments and Adjusted Interest Rate
Real estate loans:
Construction and land	—	$	—	$	—	$	—	$	—	$	—
Farmland	—	—		—		—		—		—
1 - 4 family residential	—	—		—		—		—		—
Multi-family residential	—	—		—		—		—		—
Commercial Real Estate	1	399		—		—		—		391
Commercial	1	268		—		—		246		—
Consumer	—	—		—		—		—		—
Total	2	$	667	$	—	$	—	$	246	$	391

Summary of Internal Ratings of Loans, Including Purchased Credit Impaired Loans

The following tables summarize the Company’s internal ratings of its loans, including purchased credit impaired loans, as of December 31, 2016 and 2015:



	December 31, 2016
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	162,614	$	—	$	—	$	—	$	162,614
Farmland	8,262		—		—		—		8,262
1 - 4 family residential	139,212		710		215		—		140,137
Multi-family residential	14,683		—		—		—		14,683
Commercial Real Estate	368,370		2,326		—		—		370,696
Commercial	289,589		686		1,034		107		291,416
Consumer	4,078		—		11		—		4,089
Total	$	986,808	$	3,722	$	1,260	$	107	$	991,897



	December 31, 2015
	Pass		Special Mention		Substandard		Doubtful		Total
Real estate:
Construction and land	$	126,422	$	—	$	—	$	—	$	126,422
Farmland	11,696		—		—		—		11,696
1 - 4 family residential	136,856		—		848		—		137,704
Multi-family residential	8,695		—		—		—		8,695
Commercial Real Estate	282,404		2,043		175		—		284,622
Commercial	244,948		573		527		76		246,124
Consumer	5,282		1		21		—		5,304
Total	$	816,303	$	2,617	$	1,571	$	76	$	820,567

Schedule of Analysis of the Allowance for Loan Losses

An analysis of the allowance for loan losses for the years ended December 31, 2016 , 2015 and 2014 is as follows:



	For the			For the			For the
	Year Ended			Year Ended			Year Ended
	December 31, 2016			December 31, 2015			December 31, 2014
Balance at beginning of year	$	6,772		$	5,981		$	5,018
Provision charged to earnings	2,050			868			1,423
Charge-offs	(333		)	(140		)	(510		)
Recoveries	35			63			50
Net charge-offs	(298		)	(77		)	(460		)
Balance at end of year	$	8,524		$	6,772		$	5,981

Summary of Activity in the Allowance for Loan Losses By Class of Loans

The following tables summarize the activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2016 and 2015:



	December 31, 2016
	Real Estate
	Construction, Land and Farmland		Residential			Commercial Real Estate		Commercial			Consumer			Total
Balance at beginning of year	$	1,104	$	1,124		$	2,189	$	2,324		$	31		$	6,772
Provision (recapture) charged to earnings	311		(8		)	814		913			20			2,050
Charge-offs	—		—			—		(314		)	(19		)	(333		)
Recoveries	—		—			—		32			3			35
Net charge-offs (recoveries)	—		—			—		(282		)	(16		)	(298		)
Balance at end of year	$	1,415	$	1,116		$	3,003	$	2,955		$	35		$	8,524
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—	$	—		$	—	$	246		$	4		$	250
Total specific reserves	—		—			—		246			4			250
General reserves	1,415		1,116			3,003		2,709			31			8,274
Total	$	1,415	$	1,116		$	3,003	$	2,955		$	35		$	8,524



	December 31, 2015
	Real Estate
	Construction, Land and Farmland			Residential			Commercial Real Estate		Commercial			Consumer			Total
Balance at beginning of year	$	769		$	1,166		$	1,890	$	2,092		$	64		$	5,981
Provision (recapture) charged to earnings	383			(42		)	294		262			(29		)	868
Charge-offs	(48		)	—			—		(87		)	(5		)	(140		)
Recoveries	—			—			5		57			1			63
Net charge-offs (recoveries)	(48		)	—			5		(30		)	(4		)	(77		)
Balance at end of year	$	1,104		$	1,124		$	2,189	$	2,324		$	31		$	6,772
Period-end amount allocated to:
Specific reserves:
Impaired loans	$	—		$	—		$	—	$	186		$	7		$	193
Total specific reserves	—			—			—		186			7			193
General reserves	1,104			1,124			2,189		2,138			24			6,579
Total	$	1,104		$	1,124		$	2,189	$	2,324		$	31		$	6,772

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



	December 31, 2016
	Real Estate
	Construction, Land and Farmland		Residential		Commercial Real Estate		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	164	$	382	$	955	$	92	$	1,593
Loans collectively evaluated for impairment	170,876		154,656		370,314		290,461		3,997		990,304
Total	$	170,876	$	154,820	$	370,696	$	291,416	$	4,089	$	991,897



	December 31, 2015
	Real Estate
	Construction, Land and Farmland		Residential		Commercial Real Estate		Commercial		Consumer		Total
Loans individually evaluated for impairment	$	—	$	353	$	1,265	$	740	$	21	$	2,379
Loans collectively evaluated for impairment	138,118		146,046		283,357		245,384		5,283		818,188
Total	$	138,118	$	146,399	$	284,622	$	246,124	$	5,304	$	820,567

Schedule of Summary of Changes in Servicing Assets

A summary of the changes in the related servicing assets are as follows:



	Year Ended December 31,
	2016			2015
Balance at beginning of year	$	426		$	—
Servicing asset acquired through acquisition	—			323
Increase from loan sales	365			126
Amortization charged to income	(190		)	(23		)
Increase in valuation allowance	—			—
Balance at end of period	$	601		$	426

Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Schedule of Bank Premises and Equipment

Bank premises and equipment in the accompanying consolidated balance sheets are summarized as follows:



	December 31,
	2016		2015
Building and improvements	$	7,673	$	7,673
Leasehold improvements	3,119		3,024
Land	6,671		6,671
Furniture, fixtures and equipment	5,106		4,498
Construction in Progress	365		—
	22,934		21,866
Less accumulated depreciation	5,521		4,417
	$	17,413	$	17,449

Non-marketable Equity Securities (Tables)

12 Months Ended

Dec. 31, 2016

Non-marketable Equity Securities.

Schedule of investments in non-marketable equity

Investments in non-marketable equity securities in the accompanying consolidated balance sheets are summarized as follows:



	December 31,
	2016		2015
Federal Home Loan Bank of Dallas stock	$	3,846	$	1,270
Federal Reserve Bank of Dallas stock	3,470		2,847
Other non-marketable equity securities	50		50
	$	7,366	$	4,167

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets in the accompanying consolidated balance sheets are summarized as follows:



	December 31, 2016
	Weighted	Gross				Net
	Amortization	Intangible		Accumulated		Intangible
	Period	Asset		Amortization		Asset
Core deposit intangibles	6.2 years	$	3,459	$	1,914	$	1,545
Servicing asset	7.9 years	814		213		601
Other intangible assets	4.3 years	106		71		35
		$	4,379	$	2,198	$	2,181



	December 31, 2015
	Weighted	Gross				Net
	Amortization	Intangible		Accumulated		Intangible
	Period	Asset		Amortization		Asset
Core deposit intangibles	6.7 years	$	3,459	$	1,517	$	1,942
Servicing asset	10.1 years	449		23		426
Other intangible assets	5.3 years	107		65		42
		$	4,015	$	1,605	$	2,410

Schedule of the Estimated Aggregate Future Amortization Expense for Intangible Assets

The estimated aggregate future amortization expense for intangible assets remaining as of December 31, 2015 was as follows:



Year	Amount
2017	$	493
2018	402
2019	283
2020	257
2021	208
Thereafter	538
	$	2,181

Goodwill (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill

Changes in the carrying amount of goodwill are summarized as follows:



	December 31,
	2016		2015
Beginning of year	$	26,865	$	19,148
Effect of acquisitions	—		7,717
Impairment losses	—		—
End of year	$	26,865	$	26,865

Deposits (Tables)

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

Schedule Summarized of the Deposits

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



	December 31,
	2016		2015
Noninterest-bearing demand accounts	$	327,614	$	301,367
Interest-bearing demand accounts	69,570		72,536
Savings accounts	11,166		9,045
Limited access money market accounts	579,950		381,646
Certificates of deposit, greater than $100	115,214		86,048
Certificates of deposit, less than $100	16,116		17,768
Total	$	1,119,630	$	868,410

Scheduled Maturities of Certificate of Deposits

As of December 31, 2016, the scheduled maturities of certificates of deposit were as follows:



Year	Amount
2017	$	107,633
2018	17,824
2019	3,176
2020	2,298
2021	388
2022	11
Total	$	131,330

Advances from the Federal Home Loan Bank (Tables)

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

Schedule of Contractual Maturities of FHLB Advances

Contractual maturities of FHLB advances at December 31, 2016 were as follows:



2017	$	10,000
2018	25,000
2019	—
2020	—
2021	—
Thereafter	3,306
Total	$	38,306

Junior Subordinated Debentures and Subordinated Notes (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Junior Subordinated Debentures and Subordinated Notes

Junior subordinated debentures and subordinated notes in the accompanying consolidated balance sheets are as follows:



	December 31,
	2016		2015
Junior subordinated debentures⁽¹⁾	$	3,093	$	3,093
Subordinated notes⁽²⁾	$	4,942	$	4,934


(1)	Trust Securities with a rate of LIBOR plus 1.85% debentures payable to Parkway National Capital Trust 1 with stated maturity of 2036.


(2)	Unsecured notes with a fixed rate of 6% payable to entities of an affiliate with stated maturity of 2023 (less discount of $15 and $17 and issuance costs of $43 and $49 as of December 31, 2016 and 2015, respectively.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

+ Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Components of Provision for Income Taxes

The provision for income taxes is summarized as follows:



	Year Ended December 31,
	2016			2015			2014
Income tax expense (benefit):
Current	$	7,833		$	4,492		$	3,171
Deferred	(1,366		)	(375		)	(466		)
	$	6,467		$	4,117		$	2,705

Schedule of Income Tax Expense and the Effective Tax Rates



	Year Ended December 31,
	2016			2015			2014
Federal income tax expense rate at 35% for December 31, 2016 and 34% for December 31, 2015 and 2014	$	6,656		$	4,388		$	2,690
Bank-owned life insurance	(216		)	(208		)	(118		)
Non-deductible dues and memberships	59			56			50
Non-deductible meals and entertainment	49			46			43
Recognition of deferred tax asset related to non-qualified stock options ⁽¹⁾	—			(186		)	—
Other	(81		)	21			40
Total income tax expense	$	6,467		$	4,117		$	2,705
Effective tax rate	34.0		%	31.9		%	34.2		%


(1)	Discrete tax item.

Schedule of Significant Components of the Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:



	December 31,			December 31,
	2016			2015
Deferred tax assets:
Net operating loss	$	165		$	166
Organizational costs	405			150
Allowance for loan losses	3,129			2,423
Deferred loan fees	19			21
Non-accrual interest	13			4
Capital loss carryforward	95			85
FHLB Borrowing	57			65
Deferred rent expenses	90			65
Restricted stock	182			88
Stock options	399			283
Accrued bonuses	437			319
Other	182			204
Total deferred tax assets	5,173			3,873
Deferred tax liabilities:
Net unrealized (loss) gain on securities available for sale	(643		)	(73		)
Core deposit intangibles	541			663
FHLB stock dividends	13			4
Bank premises and equipment	1,795			1,747
Total deferred tax liabilities	1,706			2,341
Net deferred tax asset	$	3,467		$	1,532

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Minimum Future Rental Payments Under Non-Cancelable Operating Leases

Minimum future rental payments under these non-cancelable operating leases as of December 31, 2016 for each of the next five years and in the aggregate are:



Year End December 31,	Amount
2017	$	1,405
2018	1,265
2019	1,133
2020	1,061
2021	996
Thereafter	530
Total	$	6,390

Other Non-interest Expense (Tables)

12 Months Ended

Dec. 31, 2016

Other Expense, Nonoperating [Abstract]

Schedule of Other Non-interest Expense

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



	For the Year Ended December 31,
	2016		2015		2014
Business development	$	226	$	205	$	192
Office and postage	308		341		240
Insurance	155		139		92
Security	202		136		115
Travel	45		45		41
Training	91		47		45
Other	813		593		331
Total	$	1,840	$	1,506	$	1,056

Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

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 December 31, 2016
Investment securities available for sale	$	—	$	102,559	$	—	$	102,559
As of December 31, 2015
Investment securities available for sale	$	—	$	75,813	$	—	$	75,813

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 December 31, 2016
Assets:
Impaired loans	$	—	$	—	$	1,593	$	1,593
Other real estate owned	$	—	$	—	$	—	$	—
As of December 31, 2015
Assets:
Impaired loans	$	—	$	—	$	2,379	$	2,379
Other real estate owned	$	—	$	—	$	—	$	—

Schedule of Significant Unobservable Inputs Used in the Fair Value Measurements

For Level 3 financial assets measured at fair value as of December 31, 2016 and 2015, the significant unobservable inputs used in the fair value measurements were as follows:



December 31, 2016
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	1,593	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	—	Collateral Method	Adjustments for selling costs	8	%



December 31, 2015
			Valuation	Unobservable	Weighted
Assets/Liabilities	Fair Value		Technique	Input(s)	Average
Impaired loans	$	2,379	Collateral Method	Adjustments for selling costs	8	%
Other real estate owned	$	—	Collateral Method	Adjustments for selling costs	8	%

Schedule of Estimated Fair Values and Carrying Values of All Financial Instruments

The estimated fair values and carrying values of all financial instruments under current authoritative guidance as of December 31, 2016 and 2015 were as follows:



	December 31,				December 31,
	2016				2015
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Level 2 inputs:
Cash and cash equivalents	$	234,791	$	234,791	$	71,551	$	71,551
Investment securities	102,559		102,559		75,813		75,813
Loans held for sale	5,208		5,208		2,831		2,831
Accrued interest receivable	2,907		2,907		2,216		2,216
Bank-owned life insurance	20,077		20,077		19,459		19,459
Servicing asset	601		601		426		426
Non-marketable equity securities	7,366		7,366		4,167		4,167
Level 3 inputs:
Loans, net	983,318		987,021		813,733		811,455
Financial liabilities:
Level 2 inputs:
Deposits	1,119,630		$	1,085,888	$	868,410	$	844,966
Advances from FHLB	38,306		38,570		28,444		28,826
Accrued interest payable	141		141		108		108
Junior subordinated debentures	3,093		3,093		3,093		3,093
Subordinated notes	4,942		4,942		4,983		4,983

Financial Instruments with Off-Balance Sheet Risk (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of the Approximate Amounts of Financial Instruments with Off-balance Sheet Risk

The following table sets forth the approximate amounts of these financial instruments as of December 31, 2016 and 2015:



	December 31,		December 31,
	2016		2015
Commitments to extend credit	$	236,919	$	236,678
Standby and commercial letters of credit	6,933		1,950
	$	243,852	$	238,628

Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Summary of ESOP Shares

The following is a summary of the ESOP shares as of December 31, 2016 and December 31, 2015.



	December 31, 2016		December 31, 2015
Allocated shares	44,257		35,047
Unearned shares	18,783		27,993
Total ESOP shares	63,040		63,040
Fair value of unearned shares	$	502	$	454

Stock and Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2016

Stock and Incentive Plans

Summary of option activity

A summary of option activity under the 2010 Incentive Plan at December 31, 2016 and 2015, and changes during the years then ended is presented below:



	2016
	Nonperformance-based stock options
	Shares Underlying Options	Weighted Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	325,500	$	10.15	5.56 years
Granted during the period	—	—
Forfeited during the period	—	—
Cancelled during the period	—	—
Exercised during the period	—	—
Outstanding at the end of period	325,500	$	10.15	4.56 years
Options exercisable at end of period	306,000	$	10.09	4.44 years
Weighted average fair value of options granted during the period		$	—



	2015
	Nonperformance-based stock options
	Shares Underlying Options		Weighted Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	352,500		$	10.14	6.58 years
Granted during the period	—		—
Forfeited during the period	(6,000	)	10.00
Cancelled	—		—
Exercised during the period	(21,000	)	10.00
Outstanding at the end of period	325,500		$	10.15	5.56 years
Options exercisable at end of period	238,500		$	10.08	5.41 years
Weighted average fair value of options granted during the period			$	—

2010 Stock Option and Equity Incentive Plan | Restricted stock units

Stock and Incentive Plans

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

A summary of the status of the Company’s restricted stock units under the 2010 Incentive Plan as of December 31, 2016 and 2015, and changes during the years then ended is as follows:



	2016				2015
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1,	39,750		$	11.34	62,250		$	10.86
Granted during the period	—		—		—		—
Vested during the period	(12,000	)	10.00		(20,000	)	10.00
Forfeited during the period	—		—		(2,500	)	10.17
Nonvested at December 31,	27,750		$	11.92	39,750		$	11.34

Omnibus Plan

Stock and Incentive Plans

Summary of option activity

A summary of the status of the Company’s options under the 2014 Omnibus Plan as of December 31, 2016, and changes during the year then ended, is as follows:



	2016				2015
	Nonperformance-based stock options				Nonperformance-based stock options
	Shares Underlying Options	Weighted Exercise Price		Weighted Average Contractual Term	Shares Underlying Options	Weighted Average Exercise Price		Weighted Average Contractual Term
Outstanding at beginning of year	52,080	$	14.35	9.12 years	—	$	—	—
Granted during the period	76,286	15.98			52,080	14.35
Forfeited during the period	—	—			—	—
Cancelled during the period	—	—			—	—
Exercised during the period	—	—			—	—
Outstanding at the end of period	128,366	$	15.32	8.69 years	52,080	$	14.35	9.12 years
Options exercisable at end of period	16,293	$	14.28	8.08 years	—	$	—	—
Weighted average fair value of options granted during the period		$	6.04			$	5.57

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

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 Year Ended December 31,
	2016	2015
Dividend yield	—%	—
Expected life	5.0 to 6.5 years	6.0 to 6.5 years
Expected volatility	33.37% to 37.55%	37.00% to 37.55%
Risk-free interest rate	1.06% to 2.01%	1.76% to 1.81%

Omnibus Plan | Restricted stock units

Stock and Incentive Plans

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



	2016				2015
	Non-performance Based				Non-performance Based
	Restricted Stock Units				Restricted Stock Units
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1,	70,919		$	13.29	82,903		$	13.00
Granted during the year	25,060		15.83		8,000		15.58
Vested during the year	(28,023	)	14.35		(16,451	)	13.00
Forfeited during the year	—		—		(3,533	)	13.00
Nonvested at December 31,	67,956		$	13.79	70,919		$	13.29

A summary of the status of the Company’s performance based restricted stock units under the 2014 Omnibus Plan as of December 31, 2016 and 2015, and changes during the year then ended is as follows:



	2016				2015
	Performance Based				Performance Based
	Restricted Stock Units				Restricted Stock Units
	Shares		Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Nonvested at January 1,	25,474		$	9.45	—	$	—
Granted during the year	34,190		9.52		25,474	9.45
Vested during the year	(8,467	)	14.17		—	—
Forfeited during the year	—		—		—	—
Nonvested at December 31,	51,197		$	8.72	25,474	9.45

Capital Requirements and Restrictions on Retained Earnings (Tables)

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

Schedule of Comparison of the Company's and Bank's Actual Capital Amounts and Ratios to Required Capital Amounts and Ratios

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:



	Actual					For Capital Adequacy Purposes						To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio			Amount			Ratio			Amount			Ratio
As of December 31, 2016
Total capital (to risk-weighted assets)
Company	$	228,566	22.02	%	≥	$	83,039	≥	8.0	%	≥	n/a		≥	n/a
Bank	$	130,237	12.55	%	≥	$	83,020	≥	8.0	%	≥	$	103,775	≥	10.0	%
Tier 1 capital (to risk-weighted assets)
Company	$	215,057	20.72	%	≥	$	62,275	≥	6.0	%	≥	n/a		≥	n/a
Bank	$	121,713	11.73	%	≥	$	62,257	≥	6.0	%	≥	$	83,010	≥	8.0	%
Common equity tier 1 to risk-weighted assets
Company	$	211,964	20.42	%	≥	$	46,711	≥	4.5	%	≥	n/a		≥	n/a
Bank	$	121,713	11.73	%	≥	$	46,693	≥	4.5	%	≥	$	67,445	≥	6.5	%
Tier 1 capital (to average assets)
Company	$	215,057	16.82	%	≥	$	51,143	≥	4.0	%	≥	n/a		≥	n/a
Bank	$	121,713	9.52	%	≥	$	51,140	≥	4.0	%	≥	$	63,925	≥	5.0	%
As of December 31, 2015
Total capital (to risk-weighted assets)
Company	$	119,208	14.25	%	≥	$	66,924	≥	8.0	%	≥	n/a		≥	n/a
Bank	$	104,427	12.49	%	≥	$	66,887	≥	8.0	%	≥	$	83,608	≥	10.0	%
Tier 1 capital (to risk-weighted assets)
Company	$	107,453	12.85	%	≥	$	50,173	≥	6.0	%	≥	n/a		≥	n/a
Bank	$	97,655	11.68	%	≥	$	50,165	≥	6.0	%	≥	$	66,887	≥	8.0	%
Common equity tier 1 to risk-weighted assets
Company	$	104,360	12.48	%	≥	$	37,630	≥	4.5	%	≥	n/a		≥	n/a
Bank	$	97,655	11.68	%	≥	$	37,624	≥	4.5	%	≥	$	54,346	≥	6.5	%
Tier 1 capital (to average assets)
Company	$	107,453	10.75	%	≥	$	39,983	≥	4.0	%	≥	n/a		≥	n/a
Bank	$	97,655	9.78	%	≥	$	39,941	≥	4.0	%	≥	$	49,926	≥	5.0	%

Business Combinations (Tables)

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed

Fair values of the assets acquired and liabilities assumed in this transaction as of the closing date and subsequent measurement period adjustments are presented as follows:



Assets of acquired bank:	Initially Recorded at Acquisition Date		Measurement Period Adjustments			Final Recorded Value
Cash and cash equivalents	$	15,150	$	—		$	15,150
Securities available for sale	4,646		—			4,646
Loans	88,497		(38		)	88,459
Bank premises, furniture and equipment (1)	4,947		—			4,947
Securities available for sale	790		—			790
Bank-owned life insurance	1,024		—			1,024
Accrued interest receivable	250		—			250
Goodwill	6,877		840			7,717
Servicing assets	323		—			323
Core deposit intangibles	1,078		—			1,078
Other assets	504		(504		)	—
Total assets	$	124,086	$	298		$	124,384
Liabilities of acquired bank:
Deposits	$	97,426	$	—		$	97,426
FHLB advances	3,503		—			3,503
Other borrowings	926		—			926
Other liabilities	526		298			824
Total liabilities	$	102,381	$	298		$	102,679
Cash paid to shareholders of acquired entity	$	4,000	$	—		$	4,000
1,185,067 shares of common stock exchanged in connection with acquisition	$	17,705	$	—		$	17,705

(1) Included within bank premises, furniture and equipment is building and land at fair values of $3,310 and $1,490, respectively.

Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Balance Sheets

Balance Sheet



	December 31,
	2016			2015
Assets
Cash and cash equivalents	$	98,366		$	14,512
Investment in subsidiaries	148,921			125,435
Other assets	438			283
Total assets	$	247,725		$	140,230
Liabilities and Stockholders’ Equity
Other liabilities	$	602		$	157
Other borrowings	8,035			8,027
Total liabilities	8,637			8,184
Stockholders’ equity
Preferred stock	—			—
Common stock	152			107
Additional paid-in capital	211,173			115,721
Retained earnings	29,290			16,739
Unallocated employee stock ownership plan shares	(209		)	(309		)
Accumulated other comprehensive income	(1,248		)	(142		)
Treasury stock	(70		)	(70		)
Total stockholders’ equity	239,088			132,046
Total liabilities and stockholders’ equity	$	247,725		$	140,230

Statements of Income



	Year Ended December 31,
	2016			2015			2014
Interest income:
Other	$	2		$	2		$	2
Interest expense:
Interest on borrowings	388			376			379
Net interest expense	(386		)	(374		)	(377		)
Noninterest expense:
Salaries and employee benefits	161			161			162
Professional fees	828			799			212
Other	1			2			17
Total noninterest expense	990			962			391
Loss before income tax benefit and equity in undistributed income of subsidiaries	(1,376		)	(1,336		)	(768		)
Income tax benefit	(480		)	(454		)	(256		)
Income before equity in undistributed income of subsidiaries	(896		)	(882		)	(512		)
Equity in undistributed income of bank	13,447			9,672			5,717
Net income	$	12,551		$	8,790		$	5,205

Statements of Cash Flows



	Year Ended December 31,
	2016			2015			2014
Cash flows from operating activities:
Net income	$	12,551		$	8,790		$	5,205
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Amortization of debt costs	8			2			2
Equity in undistributed net income of Bank	(13,447		)	(9,672		)	(5,717		)
Decrease in other assets	(155		)	9			68
Decrease in other liabilities	270			(144		)	(444		)
Net cash used in operating activities	(773		)	(1,015		)	(886		)
Cash flows from investing activities:
Net cash paid in acquisition	—			(3,841		)	—
Capital investment in subsidiary	(10,000		)	—			(15,000		)
Net cash used in investing activities	(10,000		)	(3,841		)	(15,000		)
Cash flows from financing activities:
Proceeds from issuance of common stock, net offering costs of $489 for December 31, 2016 and $4,574 for December 31, 2014	94,518			—			35,791
Proceeds from the issuance of common stock, net offering costs of $61 for the year ended December 31, 2014	—			—			5,438
Proceeds from exercise of employee stock options	—			210			—
Redemption of SBLF preferred stock series C	—			(8,000		)	—
Proceeds from payments on ESOP loan	109			109			118
Offering costs paid in connection with acquisition	—			(252		)	—
Dividends paid on preferred stock	—			(98		)	(80		)
Net cash provided by financing activities	94,627			(8,031		)	41,267
Net increase in cash and cash equivalents	83,854			(12,887		)	25,381
Cash and cash equivalents at beginning of year	14,512			27,399			2,018
Cash and cash equivalents at end of year	$	98,366		$	14,512		$	27,399

Summary of Significant Accounting Policies - Nature of Organization (Details)	12 Months Ended
	Dec. 31, 2016 segment branch
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of branches	10
Number of mortgage offices	1
Number of reportable segments \| segment	1

Summary of Significant Accounting Policies - IPO (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 08, 2014	Dec. 31, 2016	Dec. 31, 2015	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		0	0	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	$ 36,000

Summary of Significant Accounting Policies - Acquisition (Details) - IBT $ in Thousands		12 Months Ended
	Jul. 01, 2015 USD ($) branch shares	Dec. 31, 2015 USD ($)
Business Combinations [Abstract]
Number of banking locations \| branch	2
Number of shares issued for acquisition \| shares	1,185,067
Cash payment for acquisition \| $	$ 4,000	$ 4,000

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Interest bearing deposits in other banks	$ 219,160,000	$ 60,562,000
Required regulatory cash reserve balances	26,400,000	28,100,000
Other-than-temporary impairment losses reflected in earnings as realized losses	0	0	$ 0
Impairment charges	0	0	0
Penalties and interest expense	$ 0	0	$ 0
Building and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years
Building and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Furniture And equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Furniture And equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years
Core deposit intangibles \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful live	7 years
Core deposit intangibles \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful live	9 years
Other assets \| Accounting Standards Update 2015-03
Property, Plant and Equipment [Line Items]
Debt issuance costs	$ (43,000)	(49,000)
Subordinated notes \| Accounting Standards Update 2015-03
Property, Plant and Equipment [Line Items]
Debt issuance costs	$ 43,000	$ 49,000

Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings (numerator)
Net income	$ 12,551	$ 8,790	$ 5,205
Less: preferred stock dividends	0	98	80
Net income allocated to common stockholders	$ 12,551	$ 8,692	$ 5,125
Shares (denominator)
Weighted average shares outstanding for basic EPS (thousands) (in shares)	10,849	10,061	6,992
Dilutive effect of employee stock-based awards (in shares)	209	271	161
Adjusted weighted average shares outstanding (in shares)	11,058	10,332	7,153
Earnings per share:
Basic (in dollars per share)	$ 1.16	$ 0.86	$ 0.73
Diluted (in dollars per share)	$ 1.13	$ 0.84	$ 0.72

Summary of Significant Accounting Policies - Antidilutive Securities (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Excluded from diluted EPS weighted average shares	0	0	0

Supplemental Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	$ 5,607	$ 3,520	$ 2,927
Cash paid for income taxes	8,250	4,100	2,750
Supplemental Disclosures of Non-Cash Flow Information:
Sale and finance of stock to ESOP	0	0	500
Issuance of stock to ESOP	0	110	0
Net issuance of common stock for vesting of restricted stock units	175	159	500
Net foreclosure of other real estate owned	283	493	$ 1,115
Noncash assets acquired
Other assets	0	0
IBT
Noncash assets acquired
Securities available for sale	0	4,646
Loans	0	88,459
Bank premises, furniture and equipment	0	4,947
Securities available for sale	0	790
Bank-owned life insurance	0	1,024
Accrued interest receivable	0	250
Servicing assets	0	323
Goodwill	0	7,717
Core deposit intangibles	0	1,078
Total assets	0	109,234
Noncash liabilities assumed:
Deposits	0	97,426
FHLB advances	0	3,503
Other borrowings	0	926
Other liabilities	0	824
Total liabilities	0	102,679
Shares of common stock exchanged in connection with acquisition	$ 0	17,705
Shares of common stock exchanged in connection with acquisition (in shares)	1,185,067
IBT \| Building
Noncash assets acquired
Bank premises, furniture and equipment		3,310
IBT \| Land
Noncash assets acquired
Bank premises, furniture and equipment		$ 1,490

Recent Accounting Pronouncements (Details) - Accounting Standards Update 2015-03 - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Other assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt issuance costs	$ (43)	$ (49)
Subordinated notes
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt issuance costs	$ 43	$ 49

Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Available for Sale securities
Amortized Cost	$ 104,450	$ 76,027
Gross Unrealized Gains	128	242
Gross Unrealized Losses	2,019	456
Fair Value	102,559	75,813
U.S. government agencies
Available for Sale securities
Amortized Cost	732	3,823
Gross Unrealized Gains	0	0
Gross Unrealized Losses	36	36
Fair Value	696	3,787
Municipal securities
Available for Sale securities
Amortized Cost	14,540	6,738
Gross Unrealized Gains	2	9
Gross Unrealized Losses	500	52
Fair Value	14,042	6,695
Mortgage-backed securities
Available for Sale securities
Amortized Cost	49,907	46,180
Gross Unrealized Gains	83	169
Gross Unrealized Losses	871	292
Fair Value	49,119	46,057
Collateralized mortgage obligations
Available for Sale securities
Amortized Cost	38,507	18,379
Gross Unrealized Gains	32	64
Gross Unrealized Losses	612	59
Fair Value	37,927	18,384
Asset-backed securities
Available for Sale securities
Amortized Cost	764	907
Gross Unrealized Gains	11	0
Gross Unrealized Losses	0	17
Fair Value	$ 775	$ 890

Investment Securities - Unrealized Loss Position (Details) $ in Thousands	Dec. 31, 2016 USD ($) investment	Dec. 31, 2015 USD ($) investment
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 78,952	$ 48,121
Less Than 12 Months, Unrealized Loss	1,864	388
12 Months or More, Fair Value	9,680	3,601
12 Months or More, Unrealized Loss	155	68
Total Fair Value	88,632	51,722
Total Unrealized Loss	$ 2,019	$ 456
Number of investment positions in an unrealized loss position \| investment	72	52
U.S. government agencies
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	$ 0	$ 2,978
Less Than 12 Months, Unrealized Loss	0	7
12 Months or More, Fair Value	696	809
12 Months or More, Unrealized Loss	36	29
Total Fair Value	696	3,787
Total Unrealized Loss	36	36
Municipal securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	12,060	4,216
Less Than 12 Months, Unrealized Loss	478	52
12 Months or More, Fair Value	518	0
12 Months or More, Unrealized Loss	22	0
Total Fair Value	12,578	4,216
Total Unrealized Loss	500	52
Mortgage-backed securities
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	37,274	32,255
Less Than 12 Months, Unrealized Loss	802	253
12 Months or More, Fair Value	6,848	2,792
12 Months or More, Unrealized Loss	69	39
Total Fair Value	44,122	35,047
Total Unrealized Loss	871	292
Collateralized mortgage obligations
Available for sale investment securities that have been in a continuous unrealized loss position
Less Than 12 Months, Fair Value	29,618	8,672
Less Than 12 Months, Unrealized Loss	584	76
12 Months or More, Fair Value	1,618	0
12 Months or More, Unrealized Loss	28	0
Total Fair Value	31,236	8,672
Total Unrealized Loss	$ 612	$ 76

Investment Securities - Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Amortized costs of securities available for sale, by contractual maturity
Due in one year or less	$ 0	$ 996
Due from one year to five years	4,009	4,869
Due from five years to ten years	3,522	428
Due after ten years	7,741	4,268
Total investment securities available for sale, single maturity date	15,272	10,561
Total investment securities available for sale, amortized cost basis	104,450	76,027
Estimated fair values of securities available for sale, by contractual maturity
Due in one year or less	0	999
Due from one year to five years	3,974	4,851
Due from five years to ten years	3,346	417
Due after ten years	7,418	4,217
Total investment securities available for sale	14,738	10,484
Total investment securities available for sale, fair value	102,559	75,813
Mortgage-backed securities
Amortized costs of securities available for sale, by contractual maturity
Amortized cost	49,907	46,180
Estimated fair values of securities available for sale, by contractual maturity
Fair value	49,119	46,056
Collateralized mortgage obligations
Amortized costs of securities available for sale, by contractual maturity
Amortized cost	38,507	18,379
Estimated fair values of securities available for sale, by contractual maturity
Fair value	37,927	18,384
Asset-backed securities
Amortized costs of securities available for sale, by contractual maturity
Amortized cost	764	907
Estimated fair values of securities available for sale, by contractual maturity
Fair value	$ 775	$ 889

Investment Securities - Proceeds and Gross Gains/Losses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Available for Sale securities
Proceeds from sales	$ 8,378,000	$ 3,779,000	$ 981,000
Gross realized gains	43,000	42,000	34,000
Gross realized losses	40,000	35,000	0
Calls
Available for Sale securities
Gross realized gains (losses)	$ 12,000	$ 0	$ 0

Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans and Allowance for Loan Losses
Loans, gross	$ 991,897	$ 820,567
Deferred loan fees	(55)	(62)
Allowance for loan losses	(8,524)	(6,772)	$ (5,981)	$ (5,018)
Loans, net	983,318	813,733
Accretable discount related to loans acquired within a business combination	469	932
Discount on retained loans from SBA loan sales	832	583
Commercial
Loans and Allowance for Loan Losses
Loans, gross	291,416	246,124
Allowance for loan losses	(2,955)	(2,324)	(2,092)
Consumer
Loans and Allowance for Loan Losses
Loans, gross	4,089	5,304
Allowance for loan losses	(35)	(31)	(64)
Construction and land \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	162,614	126,422
Farmland \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	8,262	11,696
Real estate \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	154,820	146,399
Allowance for loan losses	(1,116)	(1,124)	(1,166)
Real estate \| 1 - 4 family residential \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	140,137	137,704
Real estate \| Multi-family residential \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	$ 14,683	8,695
Commercial Real Estate
Loans and Allowance for Loan Losses
Loan amount outstanding as percentage of total risk-based capital	310.00%
Commercial Real Estate \| Real estate
Loans and Allowance for Loan Losses
Loans, gross	$ 370,696	284,622
Allowance for loan losses	$ (3,003)	$ (2,189)	$ (1,890)
Construction, land development and other land loans
Loans and Allowance for Loan Losses
Loan amount outstanding as percentage of total risk-based capital	125.00%

Loans and Allowance for Loan Losses - Nonaccrual (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 941	$ 591
Commercial
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	930	383
Consumer
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	11	21
Construction and land \| Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
Farmland \| Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
Commercial Real Estate \| Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	0
1 - 4 family residential \| Real estate \| Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	0	187
Multi-family residential \| Real estate \| Real estate
Loans and Allowance for Loan Losses
Non-accrual loans, excluding purchased credit impaired loans	$ 0	$ 0

Loans and Allowance for Loan Losses - Past Due (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Non-Accrual and Past Due Loans
Total Past Due	$ 4,880	$ 2,152
Total Current	987,017	818,415
Total Loans	991,897	820,567
Total 90 Days Past Due and Still Accruing	835	84
30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	2,942	1,109
60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	652	696
90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	1,286	347
Real estate \| Construction and land
Non-Accrual and Past Due Loans
Total Past Due	1,047	3
Total Current	161,567	126,419
Total Loans	162,614	126,422
Total 90 Days Past Due and Still Accruing	0	0
Real estate \| Construction and land \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	1,047	3
Real estate \| Construction and land \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Construction and land \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Farmland
Non-Accrual and Past Due Loans
Total Past Due	0	0
Total Current	8,262	11,696
Total Loans	8,262	11,696
Total 90 Days Past Due and Still Accruing	0	0
Real estate \| Farmland \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Farmland \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Farmland \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Real estate
Non-Accrual and Past Due Loans
Total Loans	154,820	146,399
Real estate \| Commercial Real Estate
Non-Accrual and Past Due Loans
Total Past Due	754	175
Total Current	369,942	284,447
Total Loans	370,696	284,622
Total 90 Days Past Due and Still Accruing	754	0
Real estate \| Commercial Real Estate \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Commercial Real Estate \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	175
Real estate \| Commercial Real Estate \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	754	0
Real estate \| 1 - 4 family residential \| Real estate
Non-Accrual and Past Due Loans
Total Past Due	724	840
Total Current	139,413	136,864
Total Loans	140,137	137,704
Total 90 Days Past Due and Still Accruing	0	0
Real estate \| 1 - 4 family residential \| Real estate \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	510	215
Real estate \| 1 - 4 family residential \| Real estate \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	214	438
Real estate \| 1 - 4 family residential \| Real estate \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	0	187
Real estate \| Multi-family residential \| Real estate
Non-Accrual and Past Due Loans
Total Past Due	0	0
Total Current	14,683	8,695
Total Loans	14,683	8,695
Total 90 Days Past Due and Still Accruing	0	0
Real estate \| Multi-family residential \| Real estate \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Multi-family residential \| Real estate \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	0
Real estate \| Multi-family residential \| Real estate \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	0	0
Commercial
Non-Accrual and Past Due Loans
Total Past Due	2,314	1,123
Total Current	289,102	245,001
Total Loans	291,416	246,124
Total 90 Days Past Due and Still Accruing	81	83
Commercial \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	1,344	883
Commercial \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	438	81
Commercial \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	532	159
Consumer
Non-Accrual and Past Due Loans
Total Past Due	41	11
Total Current	4,048	5,293
Total Loans	4,089	5,304
Total 90 Days Past Due and Still Accruing	0	1
Consumer \| 30 to 59 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	41	8
Consumer \| 60 to 89 Days Past Due
Non-Accrual and Past Due Loans
Total Past Due	0	2
Consumer \| 90 Days or Greater
Non-Accrual and Past Due Loans
Total Past Due	$ 0	$ 1

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Impaired Loans
Unpaid Contractual Principal Balance	$ 1,593	$ 2,379
Recorded Investment with No Allowance	1,008	2,011
Recorded Investment with Allowance	585	368
Total Recorded Investment	1,593	2,379
Related Allowance	250	193
Average Recorded Investment During YTD	1,180	1,907
Real estate \| Construction and land
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment with Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment During YTD	0	10
Real estate \| Farmland
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment with Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment During YTD	0	0
Real estate \| Commercial Real Estate
Impaired Loans
Unpaid Contractual Principal Balance	382	1,265
Recorded Investment with No Allowance	382	1,265
Recorded Investment with Allowance	0	0
Total Recorded Investment	382	1,265
Related Allowance	0	0
Average Recorded Investment During YTD	440	1,146
Real estate \| 1 - 4 family residential \| Real estate
Impaired Loans
Unpaid Contractual Principal Balance	164	353
Recorded Investment with No Allowance	164	353
Recorded Investment with Allowance	0	0
Total Recorded Investment	164	353
Related Allowance	0	0
Average Recorded Investment During YTD	265	191
Real estate \| Multi-family residential \| Real estate
Impaired Loans
Unpaid Contractual Principal Balance	0	0
Recorded Investment with No Allowance	0	0
Recorded Investment with Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment During YTD	0	0
Commercial
Impaired Loans
Unpaid Contractual Principal Balance	955	740
Recorded Investment with No Allowance	381	390
Recorded Investment with Allowance	574	350
Total Recorded Investment	955	740
Related Allowance	246	186
Average Recorded Investment During YTD	463	533
Consumer
Impaired Loans
Unpaid Contractual Principal Balance	92	21
Recorded Investment with No Allowance	81	3
Recorded Investment with Allowance	11	18
Total Recorded Investment	92	21
Related Allowance	4	7
Average Recorded Investment During YTD	$ 12	$ 27

Loans and Allowance for Loan Losses - TDR's Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) Loan	Dec. 31, 2015 USD ($) Loan
Receivables [Abstract]
Number of loans restructured	3	2
Number of loans restructured past due	2
Number of loans restructured performing as agreed to modified terms	1
Valuation allowance for loans restructured \| $	$ 38	$ 132
Number of restructured loans with recorded allowance	1
Number of loans restructured placed on nonaccrual status	1	1
Number of loans modified as a troubled debt restructured loan within previous 12 months and for which there was a payment default	0	0

Loans and Allowance for Loan Losses - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Credit Quality Indicators
Loans	$ 991,897	$ 820,567
Pass
Credit Quality Indicators
Loans	986,808	816,303
Special Mention
Credit Quality Indicators
Loans	3,722	2,617
Substandard
Credit Quality Indicators
Loans	1,260	1,571
Doubtful
Credit Quality Indicators
Loans	107	76
Real estate \| Construction and land
Credit Quality Indicators
Loans	162,614	126,422
Real estate \| Construction and land \| Pass
Credit Quality Indicators
Loans	162,614	126,422
Real estate \| Construction and land \| Special Mention
Credit Quality Indicators
Loans	0	0
Real estate \| Construction and land \| Substandard
Credit Quality Indicators
Loans	0	0
Real estate \| Construction and land \| Doubtful
Credit Quality Indicators
Loans	0	0
Real estate \| Farmland
Credit Quality Indicators
Loans	8,262	11,696
Real estate \| Farmland \| Pass
Credit Quality Indicators
Loans	8,262	11,696
Real estate \| Farmland \| Special Mention
Credit Quality Indicators
Loans	0	0
Real estate \| Farmland \| Substandard
Credit Quality Indicators
Loans	0	0
Real estate \| Farmland \| Doubtful
Credit Quality Indicators
Loans	0	0
Real estate \| Real estate
Credit Quality Indicators
Loans	154,820	146,399
Real estate \| Commercial Real Estate
Credit Quality Indicators
Loans	370,696	284,622
Real estate \| Commercial Real Estate \| Pass
Credit Quality Indicators
Loans	368,370	282,404
Real estate \| Commercial Real Estate \| Special Mention
Credit Quality Indicators
Loans	2,326	2,043
Real estate \| Commercial Real Estate \| Substandard
Credit Quality Indicators
Loans	0	175
Real estate \| Commercial Real Estate \| Doubtful
Credit Quality Indicators
Loans	0	0
Commercial
Credit Quality Indicators
Loans	291,416	246,124
Commercial \| Pass
Credit Quality Indicators
Loans	289,589	244,948
Commercial \| Special Mention
Credit Quality Indicators
Loans	686	573
Commercial \| Substandard
Credit Quality Indicators
Loans	1,034	527
Commercial \| Doubtful
Credit Quality Indicators
Loans	107	76
Consumer
Credit Quality Indicators
Loans	4,089	5,304
Consumer \| Pass
Credit Quality Indicators
Loans	4,078	5,282
Consumer \| Special Mention
Credit Quality Indicators
Loans	0	1
Consumer \| Substandard
Credit Quality Indicators
Loans	11	21
Consumer \| Doubtful
Credit Quality Indicators
Loans	0	0
1 - 4 family residential \| Real estate \| Real estate
Credit Quality Indicators
Loans	140,137	137,704
1 - 4 family residential \| Real estate \| Real estate \| Pass
Credit Quality Indicators
Loans	139,212	136,856
1 - 4 family residential \| Real estate \| Real estate \| Special Mention
Credit Quality Indicators
Loans	710	0
1 - 4 family residential \| Real estate \| Real estate \| Substandard
Credit Quality Indicators
Loans	215	848
1 - 4 family residential \| Real estate \| Real estate \| Doubtful
Credit Quality Indicators
Loans	0	0
Multi-family residential \| Real estate \| Real estate
Credit Quality Indicators
Loans	14,683	8,695
Multi-family residential \| Real estate \| Real estate \| Pass
Credit Quality Indicators
Loans	14,683	8,695
Multi-family residential \| Real estate \| Real estate \| Special Mention
Credit Quality Indicators
Loans	0	0
Multi-family residential \| Real estate \| Real estate \| Substandard
Credit Quality Indicators
Loans	0	0
Multi-family residential \| Real estate \| Real estate \| Doubtful
Credit Quality Indicators
Loans	$ 0	$ 0

Loans and Allowance for Loan Losses - Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Analysis of allowance for loan losses
Balance at beginning of year	$ 6,772	$ 5,981	$ 5,018
Provision charged to earnings	2,050	868	1,423
Charge-offs	(333)	(140)	(510)
Recoveries	35	63	50
Net charge-offs	(298)	(77)	(460)
Balance at end of year	8,524	6,772	5,981
Allowance for loan losses (as a percent)				0.86%	0.83%	0.99%
Specific Reserves:
Impaired loans				$ 250	$ 193
Total specific reserves				250	193
General reserves				8,274	6,579
Total	6,772	5,981	5,018	8,524	6,772	$ 5,981
Real estate \| Construction Land and Farmland
Analysis of allowance for loan losses
Balance at beginning of year	1,104	769
Provision charged to earnings	311	383
Charge-offs	0	(48)
Recoveries	0	0
Net charge-offs	0	(48)
Balance at end of year	1,415	1,104	769
Specific Reserves:
Impaired loans				0	0
Total specific reserves				0	0
General reserves				1,415	1,104
Total	1,104	769	769	1,415	1,104	769
Real estate \| Real estate
Analysis of allowance for loan losses
Balance at beginning of year	1,124	1,166
Provision charged to earnings	(8)	(42)
Charge-offs	0	0
Recoveries	0	0
Net charge-offs	0	0
Balance at end of year	1,116	1,124	1,166
Specific Reserves:
Impaired loans				0	0
Total specific reserves				0	0
General reserves				1,116	1,124
Total	1,124	1,166	1,166	1,116	1,124	1,166
Real estate \| Commercial Real Estate
Analysis of allowance for loan losses
Balance at beginning of year	2,189	1,890
Provision charged to earnings	814	294
Charge-offs	0	0
Recoveries	0	5
Net charge-offs	0	5
Balance at end of year	3,003	2,189	1,890
Specific Reserves:
Impaired loans				0	0
Total specific reserves				0	0
General reserves				3,003	2,189
Total	2,189	1,890	1,890	3,003	2,189	1,890
Commercial
Analysis of allowance for loan losses
Balance at beginning of year	2,324	2,092
Provision charged to earnings	913	262
Charge-offs	(314)	(87)
Recoveries	32	57
Net charge-offs	(282)	(30)
Balance at end of year	2,955	2,324	2,092
Specific Reserves:
Impaired loans				246	186
Total specific reserves				246	186
General reserves				2,709	2,138
Total	2,324	2,092	2,092	2,955	2,324	2,092
Consumer
Analysis of allowance for loan losses
Balance at beginning of year	31	64
Provision charged to earnings	20	(29)
Charge-offs	(19)	(5)
Recoveries	3	1
Net charge-offs	(16)	(4)
Balance at end of year	35	31	64
Specific Reserves:
Impaired loans				4	7
Total specific reserves				4	7
General reserves				31	24
Total	$ 31	$ 64	$ 64	$ 35	$ 31	$ 64

Loans and Allowance for Loan Losses - Allowance, Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allowance for loan losses
Loans individually evaluated for impairment	$ 1,593	$ 2,379
Loans collectively evaluated for impairment	990,304	818,188
Total Loans	991,897	820,567
Real estate \| Construction Land and Farmland
Allowance for loan losses
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	170,876	138,118
Total Loans	170,876	138,118
Real estate \| Real estate
Allowance for loan losses
Loans individually evaluated for impairment	164	353
Loans collectively evaluated for impairment	154,656	146,046
Total Loans	154,820	146,399
Real estate \| Commercial Real Estate
Allowance for loan losses
Loans individually evaluated for impairment	382	1,265
Loans collectively evaluated for impairment	370,314	283,357
Total Loans	370,696	284,622
Commercial
Allowance for loan losses
Loans individually evaluated for impairment	955	740
Loans collectively evaluated for impairment	290,461	245,384
Total Loans	291,416	246,124
Consumer
Allowance for loan losses
Loans individually evaluated for impairment	92	21
Loans collectively evaluated for impairment	3,997	5,283
Total Loans	$ 4,089	$ 5,304

Loans and Allowance for Loan Losses - Servicing Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Servicing Asset at Amortized Cost [Line Items]
Servicing asset	$ 32,905,000	$ 21,659,000
Summary of changes in related servicing assets
Balance at beginning of year	426,000	0
Servicing asset acquired through acquisition	0	323,000
Increase from loan sales	365,000	126,000
Amortization charged to income	(190,000)	(23,000)
Increase in valuation allowance	0	0
Balance at end of period	601,000	426,000	$ 0
Valuation allowance recorded	0	0
Interest receivable	2,907,000	2,216,000
Proceeds from sale of loans	69,801,000	46,344,000	39,275,000
Gain on sale of loans	3,288,000	1,254,000	$ 641,000
Small Business Administration Loans
Summary of changes in related servicing assets
Proceeds from sale of loans	18,704,000	6,724,000
Gain on sale of loans	1,690,000	550,000
Interest-Only-Strip
Summary of changes in related servicing assets
Interest receivable	$ 0	$ 0

Bank Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	$ 22,934	$ 21,866
Less accumulated depreciation	5,521	4,417
Bank premises, furniture and equipment, net	17,413	17,449
Depreciation	1,111	1,040	$ 1,045
Building and improvements
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	7,673	7,673
Leasehold improvements
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	3,119	3,024
Land
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	6,671	6,671
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	5,106	4,498
Construction in Progress
Property, Plant and Equipment [Line Items]
Bank premises, furniture and equipment, gross	$ 365	$ 0

Non-marketable Equity Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Non-marketable Equity Securities.
Federal Home Loan Bank of Dallas stock	$ 3,846	$ 1,270
Federal Reserve Bank of Dallas stock	3,470	2,847
Other non-marketable equity securities	50	50
Total non-marketable equity securities	$ 7,366	$ 4,167

Intangible Assets - Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets, Net [Abstract]
Gross Intangible Asset	$ 4,379	$ 4,015
Accumulated Amortization	2,198	1,605
Net intangible assets	2,181	2,410
Amortization of intangible assets	380	338	$ 295
Amortization of Intangible Assets, Occupancy and Equipment, and Other Income
Finite-Lived Intangible Assets, Net [Abstract]
Amortization of intangible assets	$ 595	$ 378	$ 306
Core deposit intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Weighted Amortization Period	6 years 1 month 28 days	6 years 8 months 12 days
Gross Intangible Asset	$ 3,459	$ 3,459
Accumulated Amortization	1,914	1,517
Net intangible assets	$ 1,545	$ 1,942
Servicing asset
Finite-Lived Intangible Assets, Net [Abstract]
Weighted Amortization Period	7 years 11 months 5 days	10 years 1 month 6 days
Gross Intangible Asset	$ 814	$ 449
Accumulated Amortization	213	23
Net intangible assets	$ 601	$ 426
Other intangible assets
Finite-Lived Intangible Assets, Net [Abstract]
Weighted Amortization Period	4 years 3 months 18 days	5 years 3 months 18 days
Gross Intangible Asset	$ 106	$ 107
Accumulated Amortization	71	65
Net intangible assets	$ 35	$ 42

Intangible Assets - Future Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Estimated aggregate future amortization expense [Abstract]
2017	$ 493
2018	402
2019	283
2020	257
2021	208
Thereafter	538
Net intangible assets	$ 2,181	$ 2,410

Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Goodwill [Roll Forward]
Beginning of year	$ 26,865	$ 19,148
Effect of acquisitions	0	7,717
Impairment losses	0	0
End of year	$ 26,865	$ 26,865

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Banking and Thrift [Abstract]
Noninterest-bearing demand accounts	$ 327,614	$ 301,367
Interest-bearing demand accounts	69,570	72,536
Savings accounts	11,166	9,045
Limited access money market accounts	579,950	381,646
Certificates of deposit, greater than $100	115,214	86,048
Certificates of deposit, less than $100	16,116	17,768
Total deposits	$ 1,119,630	$ 868,410

Deposits - Scheduled Maturities of Certificates of Deposit (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Banking and Thrift [Abstract]
2017	$ 107,633
2018	17,824
2019	3,176
2020	2,298
2021	388
2022	11
Total	$ 131,330

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Banking and Thrift [Abstract]
Demand deposit overdrafts reclassified as loans	$ 30	$ 63
Brokered deposits	$ 27,035	$ 80,841

Advances from the Federal Home Loan Bank - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Advances from Federal Home Loan Bank	$ 38,306	$ 28,444
Availability to borrow additional funds	$ 369,352
Weighted Average
Debt Instrument [Line Items]
Advances from Federal Home Loan Bank, weighted average rate	0.77%

Advances from the Federal Home Loan Bank - Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Banking and Thrift [Abstract]
2017	$ 10,000
2018	25,000
2019	0
2020	0
2021	0
Thereafter	3,306
Total	$ 38,306	$ 28,444

Other Credit Extensions (Details)	Dec. 31, 2016 USD ($) credit_facility	Dec. 31, 2015 USD ($) credit_facility
Federal Funds Credit Extensions With Commercial Banks
Other Credit Extensions
Number of credit facilities \| credit_facility	2	2
Maximum available borrowings	$ 14,600,000	$ 14,600,000
Outstanding borrowings	0	0
Federal Reserve Bank Secured Line Of Credit
Other Credit Extensions
Maximum available borrowings	197,262,000	152,235,000
Outstanding borrowings	0	0
Amounts of commercial loans pledged as collateral	$ 265,001,000	$ 208,677,000

Junior Subordinated Debentures and Subordinated Notes (Details)	12 Months Ended
	Dec. 31, 2016 USD ($) quarter	Dec. 31, 2013 USD ($) $ / shares shares	Dec. 31, 2015 USD ($) $ / shares	Dec. 31, 2011 USD ($)
Debt Instrument [Line Items]
Junior subordinated debentures	$ 3,093,000		$ 3,093,000
Subordinated notes	4,942,000		4,934,000
Face amount of subordinated notes issued to related party	$ 5,000,000
Maximum
Debt Instrument [Line Items]
Interest distribution quarterly periods \| quarter	5
Junior Subordinated Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Margin (as a percent)	1.85%
Subordinated Debt
Debt Instrument [Line Items]
Fixed rate (as a percent)		6.00%
Face amount of subordinated notes issued to related party		$ 5,000,000
Affiliated Entity \| Subordinated Debt
Debt Instrument [Line Items]
Subordinated notes	$ 4,942,000		4,934,000
Fixed rate (as a percent)	6.00%
Discount on related party debt	$ 15,000		17,000
Issuance costs for related party debt	$ 43,000		$ 49,000
Number of shares that warrants issued to related party may be converted into (in shares) \| shares		25,000
Exercise price of warrants issued to related party (in dollars per share) \| $ / shares		$ 11
Price used to calculate fair value of warrants issued to related party (in dollars per share) \| $ / shares			$ 0.80
Fidelity Resource Company \| Junior Subordinated Debt
Debt Instrument [Line Items]
Debentures assumed in business combination				$ 3,093,000
Parkway National Capital Trust 1
Debt Instrument [Line Items]
Basis of variable distribution rate	3-month LIBOR
Basis spread on variable distribution rate (as a percent)	1.85%
Distribution effective rate (as a percent)	2.70%		2.18%

Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income tax expense (benefit):
Current	$ 7,833	$ 4,492	$ 3,171
Deferred	(1,366)	(375)	(466)
Total income tax expense	$ 6,467	$ 4,117	$ 2,705

Income Taxes - Reconciliation of Statutory Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Federal income tax expense rate at 35% for December 31, 2016 and 34% for December 31, 2015 and 2014	$ 6,656	$ 4,388	$ 2,690
Bank-owned life insurance	(216)	(208)	(118)
Non-deductible dues and memberships	59	56	50
Non-deductible meals and entertainment	49	46	43
Recognition of deferred tax asset related to non-qualified stock options	0	(186)	0
Other	(81)	21	40
Total income tax expense	$ 6,467	$ 4,117	$ 2,705
Effective tax rate (in percent)	34.00%	31.90%	34.20%
Federal income tax expense rate (in percent)	35.00%	34.00%	34.00%

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Net operating loss	$ 165	$ 166
Organizational costs	405	150
Allowance for loan losses	3,129	2,423
Deferred loan fees	19	21
Non-accrual interest	13	4
Capital loss carryforward	95	85
FHLB Borrowing	57	65
Deferred rent expenses	90	65
Restricted stock	182	88
Stock options	399	283
Accrued bonuses	437	319
Other	182	204
Total deferred tax assets	5,173	3,873
Deferred tax liabilities:
Net unrealized (loss) gain on securities available for sale	(643)	(73)
Core deposit intangibles	541	663
FHLB stock dividends	13	4
Bank premises and equipment	1,795	1,747
Total deferred tax liabilities	1,706	2,341
Net deferred tax asset	$ 3,467	$ 1,532

Income Taxes - Included in Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Amount included in consolidated balance sheets
Current tax receivable	$ 91
Net deferred tax asset	3,467	$ 1,532
Federal
Amount included in consolidated balance sheets
Net operating loss carryforward	472
Interest Payable and Other Liabilities
Amount included in consolidated balance sheets
Current tax liability		488
Other assets
Amount included in consolidated balance sheets
Net deferred tax asset	$ 3,467	$ 1,532

Commitments and Contingencies (Details) - USD ($)	12 Months Ended
Commitments and Contingencies (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Minimum future rental payments under non-cancelable operating leases
2017	$ 1,405,000
2018	1,265,000
2019	1,133,000
2020	1,061,000
2021	996,000
Thereafter	530,000
Total	6,390,000
Minimum future sublease rentals	62,000
Rental expense on operating lease	1,432,000	$ 1,399,000	$ 1,468,000
Rental income	$ 58,000	$ 30,000	$ 0

Other Non-interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Expense, Nonoperating [Abstract]
Business development	$ 226	$ 205	$ 192
Office and postage	308	341	240
Insurance	155	139	92
Security	202	136	115
Travel	45	45	41
Training	91	47	45
Other	813	593	331
Total	$ 1,840	$ 1,506	$ 1,056

Fair Value Disclosures - Recurring Basis (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Assets:
Investment securities available for sale	$ 102,559,000	$ 75,813,000
Recurring
Assets:
Investment securities available for sale	102,559,000	75,813,000
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:
Investment securities available for sale	$ 102,559,000	$ 75,813,000

Fair Value Disclosures - Non-recurring Basis (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Assets:
Impaired loans, carrying value	$ 1,593,000	$ 2,379,000
Impaired loans, specific allowance	250,000	193,000
Non-recurring
Assets:
Impaired loans	1,593,000	2,379,000
Other real estate owned		0
Impaired loans, specific allowance	250,000	193,000
Liabilities measured at fair value	0	0
Non-recurring \| Level 3
Assets:
Impaired loans	$ 1,593,000	2,379,000
Other real estate owned		$ 0

Fair Value Disclosures - Level 3 (Details) - Collateral Method - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Impaired loans
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 1,593	$ 2,379
Weighted Average (as a percent)	8.00%	8.00%
Other real estate owned
Significant unobservable inputs used in the fair value measurements
Fair Value	$ 0	$ 0
Weighted Average (as a percent)	8.00%	8.00%

Fair Value Disclosures - Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
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:
Investment securities	$ 102,559	$ 75,813
Financial liabilities:
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,942	4,934
Level 2 \| Carrying Amount
Financial assets:
Cash and cash equivalents	234,791	71,551
Investment securities	102,559	75,813
Loans held for sale	5,208	2,831
Accrued interest receivable	2,907	2,216
Bank-owned life insurance	20,077	19,459
Servicing asset	601	426
Non-marketable equity securities	7,366	4,167
Financial liabilities:
Deposits	1,119,630	868,410
Advances from FHLB	38,306	28,444
Accrued interest payable	141	108
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,942	4,983
Level 2 \| Total Fair Value
Financial assets:
Cash and cash equivalents	234,791	71,551
Investment securities	102,559	75,813
Loans held for sale	5,208	2,831
Accrued interest receivable	2,907	2,216
Bank-owned life insurance	20,077	19,459
Servicing asset	601	426
Non-marketable equity securities	7,366	4,167
Financial liabilities:
Deposits	1,085,888	844,966
Advances from FHLB	38,570	28,826
Accrued interest payable	141	108
Junior subordinated debentures	3,093	3,093
Subordinated notes	4,942	4,983
Level 3 \| Carrying Amount
Financial assets:
Loans, net	983,318	813,733
Level 3 \| Total Fair Value
Financial assets:
Loans, net	$ 987,021	$ 811,455

Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financial instruments with off-balance sheet risk
Total commitments	$ 243,852	$ 238,628
Commitments to extend credit
Financial instruments with off-balance sheet risk
Total commitments	236,919	236,678
Standby and commercial letters of credit
Financial instruments with off-balance sheet risk
Total commitments	$ 6,933	$ 1,950

Employee Benefits (Details) - USD ($)	1 Months Ended		12 Months Ended
Employee Benefits (Details) - USD ($)	Jun. 30, 2015	Jan. 31, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ESOP
Matching contributions to 401(k) profit sharing Plan			$ 0	$ 0
Proceeds from payments on ESOP Loan			$ 109,000	$ 109,000	$ 118,000
Summary of ESOP shares
Allocated shares			44,257	35,047
Unearned shares			18,783	27,993
Total ESOP shares			63,040	63,040
Fair value of unearned shares			$ 502,000	$ 454,000
ESOP
ESOP
Proceeds ESOP borrowed from the Company		$ 500,000
Shares contributed to ESOP		46,082
Proceeds from payments on ESOP Loan			$ 109,000	$ 109,000
Number of collateral shares released			9,210	8,942
Issuance of stock to ESOP (in shares)	9,147
Compensation expense			$ 204,000	$ 154,000	$ 150,000

Stock and Incentive Plans - 2010 Plan (Details) - 2010 Stock Option and Equity Incentive Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2010
Stock and Incentive Plans
Number of shares authorized				1,000,000
Stock based compensation expense	$ 125	$ 224	$ 329
Restricted shares
Stock and Incentive Plans
Number of shares authorized				100,000
Term of continuous service for vesting awards	4 years
Stock option
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
Stock and Incentive Plans
Number of shares authorized				500,000

Stock and Incentive Plans - 2010 Plan - Options (Details) - Nonperformance-based stock options - 2010 Stock Option and Equity Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Shares Underlying Options activity
Outstanding at beginning of period (in shares)	325,500	352,500
Granted during the period (in shares)	0	0
Forfeited during the period (in shares)	0	(6,000)
Cancelled during the period (in shares)	0	0
Exercised during the period (in shares)	0	(21,000)
Outstanding at the end of period (in shares)	325,500	325,500	352,500
Options exercisable at end of period (in shares)	306,000	238,500
Activity in weighted exercise price
Outstanding at beginning of period (in dollars per share)	$ 10.15	$ 10.14
Granted during the period (in dollars per share)	0.00	0.00
Forfeited during the period (in dollars per share)	0.00	10.00
Cancelled during the period (in dollars per share)	0.00	0.00
Exercised during the period (in dollars per share)	0.00	10.00
Outstanding at the end of period (in dollars per share)	10.15	10.15	$ 10.14
Options exercisable at end of period (in dollars per share)	10.09	10.08
Weighted average fair value of options granted during the period (in dollars per share)	$ 0.00	$ 0.00
Weighted Average Contractual Term
Outstanding at beginning of year	4 years 6 months 22 days	5 years 6 months 22 days	6 years 6 months 29 days
Outstanding at the end of period	4 years 6 months 22 days	5 years 6 months 22 days	6 years 6 months 29 days
Options exercisable at end of period	4 years 5 months 9 days	5 years 4 months 28 days
Additional disclosures
Aggregate intrinsic value of outstanding stock options (in dollars)	$ 5,390	$ 1,971
Aggregate intrinsic value of exercisable stock options (in dollars)	5,086	1,462
Unrecognized compensation expense (in dollars)	$ 21	$ 51
Requisite service period to recognize compensation cost	1 year 5 months 5 days

Stock and Incentive Plans - 2010 Plan - Restricted Stock Units (Details) - Restricted shares - 2010 Stock Option and Equity Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Activity in shares
Nonvested at the beginning of the period (in shares)	39,750	62,250
Granted (in shares)	0	0
Vested (in shares)	(12,000)	(20,000)
Forfeited (in shares)	0	(2,500)
Nonvested at the end of the period (in shares)	27,750	39,750
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 11.34	$ 10.86
Granted (in dollars per share)	0.00	0.00
Vested (in dollars per share)	10.00	10.00
Forfeited (in dollars per share)	0.00	10.17
Nonvested at the end of the period (in dollars per share)	$ 11.92	$ 11.34
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 90	$ 174
Requisite service period to recognize compensation cost	1 year 2 months 9 days

Stock and Incentive Plans - Omnibus Plan (Details) - Omnibus Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2014
Stock and Incentive Plans
Number of shares authorized				1,000,000
Number of shares awarded under stock options	76,286	52,080
Non-performance Based Restricted Stock Units
Stock and Incentive Plans
Number of shares awarded	25,060	8,000
Performance Based Restricted Stock Units
Stock and Incentive Plans
Number of shares awarded	34,190	25,474
Vesting period	3 years
Nonperformance-based stock options
Stock and Incentive Plans
Number of shares awarded under stock options	76,286	52,080
Vesting period	3 years
Stock option
Stock and Incentive Plans
Stock based compensation expense	$ 224	$ 83	$ 0
Restricted stock units
Stock and Incentive Plans
Stock based compensation expense	$ 633	$ 326	$ 126
Minimum \| Non-performance Based Restricted Stock Units
Stock and Incentive Plans
Term of continuous service for vesting awards	1 year
Maximum \| Non-performance Based Restricted Stock Units
Stock and Incentive Plans
Term of continuous service for vesting awards	5 years

Stock and Incentive Plans - Omnibus Plan Black Scholes Assumptions (Details) - Omnibus Plan	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Dividend yield	0.00%	0.00%
Expected volatility, minimum (as a percent)	33.37%	37.00%
Expected volatility, maximum (as a percent)	37.55%	37.55%
Risk-free interest rate, minimum (as a percent)	1.06%	1.76%
Risk-free interest rate, maximum (as a percent)	2.01%	1.81%
Minimum
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Expected life	5 years	6 years
Maximum
Assumptions used to measure fair value of each option award estimated on grant date using Black-Scholes option-pricing model
Expected life	6 years 6 months	6 years 6 months

Stock and Incentive Plans - Omnibus Plan - Options (Details) - Omnibus Plan - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Shares Underlying Options activity
Granted during the period (in shares)	76,286	52,080
Options exercisable at end of period (in shares)		0
Additional disclosures
Aggregate intrinsic value of outstanding stock options (in dollars)	$ 1,462	$ 97
Aggregate intrinsic value of exercisable stock options (in dollars)	$ 203
Options exercisable at end of period (in shares)		0
Nonperformance-based stock options
Shares Underlying Options activity
Outstanding at beginning of period (in shares)	52,080	0
Granted during the period (in shares)	76,286	52,080
Forfeited during the period (in shares)	0	0
Cancelled during the period (in shares)	0	0
Exercised during the period (in shares)	0	0
Outstanding at the end of period (in shares)	128,366	52,080
Options exercisable at end of period (in shares)	16,293	0
Activity in weighted exercise price
Outstanding at beginning of period (in dollars per share)	$ 14.35	$ 0.00
Granted during the period (in dollars per share)	15.98	14.35
Forfeited during the period (in dollars per share)	0.00	0.00
Cancelled during the period (in dollars per share)	0.00	0.00
Exercised during the period (in dollars per share)	0.00	0.00
Outstanding at the end of period (in dollars per share)	15.32	14.35
Options exercisable at end of period (in dollars per share)	14.28	0.00
Weighted average fair value of options granted during the period (in dollars per share)	$ 6.04	$ 5.57
Weighted Average Contractual Term
Outstanding at beginning of year	8 years 8 months 9 days	9 years 1 month 13 days
Outstanding at the end of period	8 years 8 months 9 days	9 years 1 month 13 days
Options exercisable at end of period	8 years 29 days
Additional disclosures
Options exercisable at end of period (in shares)	16,293	0

Stock and Incentive Plans - Omnibus Plan - Restricted Stock Units (Details) - Omnibus Plan - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Restricted stock units
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 1,089	$ 979
Requisite service period to recognize compensation cost	2 years 3 months
Non-performance Based Restricted Stock Units
Activity in shares
Nonvested at the beginning of the period (in shares)	70,919	82,903
Granted (in shares)	25,060	8,000
Vested (in shares)	(28,023)	(16,451)
Forfeited (in shares)	0	(3,533)
Nonvested at the end of the period (in shares)	67,956	70,919
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 13.29	$ 13.00
Granted (in dollars per share)	15.83	15.58
Vested (in dollars per share)	14.35	13.00
Forfeited (in dollars per share)	0.00	13.00
Nonvested at the end of the period (in dollars per share)	$ 13.79	$ 13.29
Performance Based Restricted Stock Units
Activity in shares
Nonvested at the beginning of the period (in shares)	25,474	0
Granted (in shares)	34,190	25,474
Vested (in shares)	(8,467)	0
Forfeited (in shares)	0	0
Nonvested at the end of the period (in shares)	51,197	25,474
Activity in weighted average grant date fair value
Nonvested at the beginning of the period (in dollars per share)	$ 9.45	$ 0.00
Granted (in dollars per share)	9.52	9.45
Vested (in dollars per share)	14.17	0.00
Forfeited (in dollars per share)	0.00	0.00
Nonvested at the end of the period (in dollars per share)	$ 8.72	$ 9.45
Stock option
Additional disclosures
Unrecognized compensation expense (in dollars)	$ 425	$ 187
Requisite service period to recognize compensation cost	2 years 7 months 10 days

Related Party Transactions (Details)	12 Months Ended
Related Party Transactions (Details)	Dec. 31, 2016 USD ($) Entity	Dec. 31, 2015 USD ($)
Related Party Transactions [Abstract]
Aggregate amounts of loans to the Company's employees, officers, directors and their affiliates	$ 27,296,000	$ 8,371,000
New advances to the Company's employees, officers, directors and their affiliates	23,469,000	6,100,000
Principal payments received from the loans to employees, officers, directors, and their affiliates	4,586,000	9,082,000
Unfunded commitments to related parties	9,951,000	3,425,000
Deposits received from related parties	25,994,000	$ 29,892,000
Face amount of subordinated notes issued to related party	$ 5,000,000
Number of related party lenders \| Entity	2

Preferred Stock (Details) $ / shares in Units, $ in Thousands			12 Months Ended
	Dec. 22, 2015 USD ($) $ / shares shares	Aug. 25, 2011 USD ($) quarter $ / shares shares	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Preferred Stock
Shares issued pursuant to SBLF program			$ 94,518
Payments for redemption of preferred stock			$ 0	$ 8,000	$ 0
SBLF Preferred Stock
Preferred Stock
Number of quarters during which dividend rate fluctuates \| quarter		10
Redemption price as a percentage of liquidation amount plus accrued but unpaid dividends		100.00%
Liquidation amount (in dollars per share) \| $ / shares	$ 1,000	$ 1,000
Shares redeemed \| shares	8,000
Payments for redemption of preferred stock	$ 8,018
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 \| Secretary of the Treasury
Preferred Stock
Shares issued pursuant to SBLF program (in shares) \| shares		8,000
Shares issued pursuant to SBLF program		$ 8,000

Capital Requirements and Restrictions on Retained Earnings (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Capital Requirements and Restrictions on Retained Earnings
Capital conservation buffer	0.625%
Capital conservation buffer desired rate	2.50%
Total capital (to risk-weighted assets)
Actual Amount				$ 228,566	$ 119,208
Actual Ratio (as a percent)				22.02%	14.25%
For Capital Adequacy Purposes Amount				$ 83,039	$ 66,924
For Capital Adequacy Purposes Ratio (as a percent)				8.00%	8.00%
Tier 1 capital (to risk-weighted assets)
Actual Amount				$ 215,057	$ 107,453
Actual Ratio (as a percent)				20.72%	12.85%
For Capital Adequacy Purposes Amount				$ 62,275	$ 50,173
For Capital Adequacy Purposes Ratio (as a percent)				6.00%	6.00%
Common equity tier 1 to risk-weighted assets
Actual Amount				$ 211,964	$ 104,360
Actual Ratio (as a percent)				20.42%	12.48%
For Capital Adequacy Purposes Amount				$ 46,711	$ 37,630
For Capital Adequacy Purposes Amount (as a percent)				4.50%	4.50%
Tier 1 capital (to average assets)
Actual Amount				$ 215,057	$ 107,453
Actual Ratio (as a percent)				16.82%	10.75%
For Capital Adequacy Purposes Amount				$ 51,143	$ 39,983
For Capital Adequacy Purposes Ratio (as a percent)				4.00%	4.00%
Bank
Total capital (to risk-weighted assets)
Actual Amount				$ 130,237	$ 104,427
Actual Ratio (as a percent)				12.55%	12.49%
For Capital Adequacy Purposes Amount				$ 83,020	$ 66,887
For Capital Adequacy Purposes Ratio (as a percent)				8.00%	8.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount				$ 103,775	$ 83,608
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				$ 121,713	$ 97,655
Actual Ratio (as a percent)				11.73%	11.68%
For Capital Adequacy Purposes Amount				$ 62,257	$ 50,165
For Capital Adequacy Purposes Ratio (as a percent)				6.00%	6.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount				$ 83,010	$ 66,887
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)				8.00%	8.00%
Common equity tier 1 to risk-weighted assets
Actual Amount				$ 121,713	$ 97,655
Actual Ratio (as a percent)				11.73%	11.68%
For Capital Adequacy Purposes Amount				$ 46,693	$ 37,624
For Capital Adequacy Purposes Amount (as a percent)				4.50%	4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount				$ 67,445	$ 54,346
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)				6.50%	6.50%
Tier 1 capital (to average assets)
Actual Amount				$ 121,713	$ 97,655
Actual Ratio (as a percent)				9.52%	9.78%
For Capital Adequacy Purposes Amount				$ 51,140	$ 39,941
For Capital Adequacy Purposes Ratio (as a percent)				4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount				$ 63,925	$ 49,926
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)				5.00%	5.00%
Forecast
Capital Requirements and Restrictions on Retained Earnings
Capital conservation buffer yearly increase		0.625%	0.625%

Business Combinations - IBT (Details)		12 Months Ended
Business Combinations - IBT (Details)	Jul. 01, 2015 USD ($) branch shares	Dec. 31, 2015 USD ($)
IBT
Business Acquisition [Line Items]
Goodwill acquired, tax deductible amount	$ 0
Number of banking locations \| branch	2
Assets of acquired bank:
Cash and cash equivalents		$ 15,150,000
Securities available for sale		4,646,000
Loans		88,459,000
Bank premises, furniture and equipment		4,947,000
Securities available for sale		790,000
Bank-owned life insurance		1,024,000
Accrued interest receivable		250,000
Goodwill		7,717,000
Servicing assets		323,000
Core deposit intangibles		1,078,000
Total assets		124,384,000
Liabilities of acquired bank:
Deposits		97,426,000
FHLB advances		3,503,000
Other borrowings		926,000
Other liabilities		824,000
Total liabilities		102,679,000
Cash paid to shareholders of acquired entity	$ 4,000,000	4,000,000
Shares of common stock exchanged in connection with acquisition		17,705,000
Shares of common stock exchanged in connection with acquisition (in shares) \| shares	1,185,067
IBT \| Initially Recorded at Acquisition Date
Assets of acquired bank:
Cash and cash equivalents	$ 15,150,000
Securities available for sale	4,646,000
Loans	88,497,000
Bank premises, furniture and equipment	4,947,000
Securities available for sale	790,000
Bank-owned life insurance	1,024,000
Accrued interest receivable	250,000
Goodwill	6,877,000
Servicing assets	323,000
Core deposit intangibles	1,078,000
Other assets	504,000
Total assets	124,086,000
Liabilities of acquired bank:
Deposits	97,426,000
FHLB advances	3,503,000
Other borrowings	926,000
Other liabilities	526,000
Total liabilities	102,381,000
Cash paid to shareholders of acquired entity	4,000,000
Shares of common stock exchanged in connection with acquisition	$ 17,705,000
IBT \| Measurement Period Adjustments
Assets of acquired bank:
Loans		(38,000)
Goodwill		840,000
Other assets		(504,000)
Total assets		298,000
Liabilities of acquired bank:
Other liabilities		298,000
Total liabilities		298,000
IBT \| Core deposit intangibles
Business Acquisition [Line Items]
Estimated useful live	10 years
IBT
Business Acquisition [Line Items]
Number of banking locations \| branch	2
Building \| IBT
Assets of acquired bank:
Bank premises, furniture and equipment	$ 3,310,000	3,310,000
Land \| IBT
Assets of acquired bank:
Bank premises, furniture and equipment	$ 1,490,000	$ 1,490,000

Business Combinations - Pending Merger with Sovereign Bancshares, Inc (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2017 USD ($) branch Representative shares	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Business Acquisition [Line Items]
Total assets		$ 1,408,507	$ 1,039,551
Total deposits		1,119,630	$ 868,410
Sovereign Bank
Business Acquisition [Line Items]
Total assets		1,100,000
Total deposits		$ 857,300
Forecast \| Merger with Sovereign Bancshares, Inc.
Business Acquisition [Line Items]
Number of shares issued for acquisition \| shares	5,117,647
Cash payment for acquisition	$ 58,000
Number of representatives to join Board of Directors \| Representative	2
Forecast \| Dallas-Fort Worth \| Merger with Sovereign Bancshares, Inc.
Business Acquisition [Line Items]
Number of branches \| branch	7
Forecast \| Austin \| Merger with Sovereign Bancshares, Inc.
Business Acquisition [Line Items]
Number of branches \| branch	2
Forecast \| Houston \| Merger with Sovereign Bancshares, Inc.
Business Acquisition [Line Items]
Number of branches \| branch	1

Parent Company Only Financial Statements - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 234,791	$ 71,551	$ 93,251	$ 76,646
Other assets	5,067	2,471
Total assets	1,408,507	1,039,551
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total liabilities	1,169,419	907,505
Stockholders’ equity:
Preferred stock	0	0
Common stock	152	107
Additional paid-in capital	211,173	115,721
Retained earnings	29,290	16,739
Unallocated employee stock ownership plan shares	(209)	(309)
Accumulated other comprehensive income	(1,248)	(142)
Treasury stock	(70)	(70)
Total stockholders’ equity	239,088	132,046	113,312	66,239
Total liabilities and stockholders’ equity	1,408,507	1,039,551
Veritex Holdings, Inc.
ASSETS
Cash and cash equivalents	98,366	14,512	$ 27,399	$ 2,018
Investment in subsidiaries	148,921	125,435
Other assets	438	283
Total assets	247,725	140,230
LIABILITIES AND STOCKHOLDERS’ EQUITY
Other liabilities	602	157
Other borrowings	8,035	8,027
Total liabilities	8,637	8,184
Stockholders’ equity:
Preferred stock	0	0
Common stock	152	107
Additional paid-in capital	211,173	115,721
Retained earnings	29,290	16,739
Unallocated employee stock ownership plan shares	(209)	(309)
Accumulated other comprehensive income	(1,248)	(142)
Treasury stock	(70)	(70)
Total stockholders’ equity	239,088	132,046
Total liabilities and stockholders’ equity	$ 247,725	$ 140,230

Parent Company Only Financial Statements - Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest income:
Other	$ 2	$ 2	$ 2
Interest expense:
Interest on borrowings	652	543	498
Net interest income	40,955	31,459	25,340
Noninterest expense:
Salaries and employee benefits	14,332	11,265	10,037
Professional fees	2,804	2,023	1,382
Other	1,840	1,506	1,056
Total noninterest expense	26,390	21,388	18,503
Net income from operations	19,018	12,907	7,910
Income tax expense	6,467	4,117	2,705
Net income	12,551	8,790	5,205
Veritex Holdings, Inc.
Interest income:
Other	2	2	2
Interest expense:
Interest on borrowings	388	376	379
Net interest income	(386)	(374)	(377)
Noninterest expense:
Salaries and employee benefits	161	161	162
Professional fees	828	799	212
Other	1	2	17
Total noninterest expense	990	962	391
Net income from operations	(1,376)	(1,336)	(768)
Income tax expense	(480)	(454)	(256)
Income before equity in undistributed income of subsidiaries	(896)	(882)	(512)
Equity in undistributed income of bank	13,447	9,672	5,717
Net income	$ 12,551	$ 8,790	$ 5,205

Parent Company Only Financial Statements - Cash Flow (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 12,551	$ 8,790	$ 5,205
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Net cash provided by operating activities	10,685	16,048	2,233
Cash flows from investing activities:
Net cash used in investing activities	(203,316)	(145,973)	(116,700)
Cash flows from financing activities:
Proceeds from issuance of common stock, net of offering cost of $489 for December 31, 2016 and $4,574 for December 31, 2014	94,518	0	35,791
Proceeds from issuance of common stock, net offering cost of $61 for the year ended December 31, 2014	0	0	5,438
Proceeds from exercise of employee stock options	0	210	0
Redemption of SBLF preferred stock Series C	0	(8,000)	0
Proceeds from payments on ESOP Loan	109	109	118
Offering costs paid in connection with acquisition	0	(252)	0
Dividends paid on preferred stock	0	(98)	(80)
Net cash provided by financing activities	355,871	108,225	131,072
Net increase (decrease) in cash and cash equivalents	163,240	(21,700)	16,605
Cash and cash equivalents at beginning of year	71,551	93,251	76,646
Cash and cash equivalents at end of year	234,791	71,551	93,251
Veritex Holdings, Inc.
Cash flows from operating activities:
Net income	12,551	8,790	5,205
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Amortization of debt costs	8	2	2
Equity in undistributed net income of Bank	(13,447)	(9,672)	(5,717)
Decrease in other assets	(155)	9	68
Decrease in other liabilities	270	(144)	(444)
Net cash provided by operating activities	(773)	(1,015)	(886)
Cash flows from investing activities:
Net cash paid in acquisition	0	(3,841)	0
Capital investment in subsidiary	(10,000)	0	(15,000)
Net cash used in investing activities	(10,000)	(3,841)	(15,000)
Cash flows from financing activities:
Proceeds from issuance of common stock, net of offering cost of $489 for December 31, 2016 and $4,574 for December 31, 2014	94,518	0	35,791
Proceeds from issuance of common stock, net offering cost of $61 for the year ended December 31, 2014	0	0	5,438
Proceeds from exercise of employee stock options	0	210	0
Redemption of SBLF preferred stock Series C	0	(8,000)	0
Proceeds from payments on ESOP Loan	109	109	118
Offering costs paid in connection with acquisition	0	(252)	0
Dividends paid on preferred stock	0	(98)	(80)
Net cash provided by financing activities	94,627	(8,031)	41,267
Net increase (decrease) in cash and cash equivalents	83,854	(12,887)	25,381
Cash and cash equivalents at beginning of year	14,512	27,399	2,018
Cash and cash equivalents at end of year	$ 98,366	$ 14,512	$ 27,399

Parent Company Only Financial Statements - Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Offering costs	$ 489
Initial public offering
Condensed Cash Flow Statements, Captions [Line Items]
Offering costs	489	$ 4,574
Initial public offering \| Veritex Holdings, Inc.
Condensed Cash Flow Statements, Captions [Line Items]
Offering costs	$ 489	4,574
Private offering
Condensed Cash Flow Statements, Captions [Line Items]
Offering costs		61
Private offering \| Veritex Holdings, Inc.
Condensed Cash Flow Statements, Captions [Line Items]
Offering costs		$ 61

Loans and Allowance for Loan Losses - Trouble Debt Restructuring (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) Loan	Dec. 31, 2015 USD ($) Loan
Troubled Debt Restructuring
Recorded investment in TDRs	$ 822	$ 1,727
Number of Loans \| Loan	3	2
Pre- Modification Outstanding Recorded Investment	$ 256	$ 667
Real estate \| Construction and land
Troubled Debt Restructuring
Number of Loans \| Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Real estate \| Farmland
Troubled Debt Restructuring
Number of Loans \| Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Real estate \| Commercial Real Estate
Troubled Debt Restructuring
Number of Loans \| Loan	0	1
Pre- Modification Outstanding Recorded Investment	$ 0	$ 399
Commercial
Troubled Debt Restructuring
Number of Loans \| Loan	2	1
Pre- Modification Outstanding Recorded Investment	$ 175	$ 268
Consumer
Troubled Debt Restructuring
Number of Loans \| Loan	1	0
Pre- Modification Outstanding Recorded Investment	$ 81	$ 0
1 - 4 family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Number of Loans \| Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Multi-family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Number of Loans \| Loan	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Adjusted Interest Rate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Real estate \| Construction and land
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Real estate \| Farmland
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Real estate \| Commercial Real Estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| 1 - 4 family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Adjusted Interest Rate \| Multi-family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Real estate \| Construction and land
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Real estate \| Farmland
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Real estate \| Commercial Real Estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| 1 - 4 family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity \| Multi-family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	250	246
Extended Maturity and Restructured Payments \| Real estate \| Construction and land
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments \| Real estate \| Farmland
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments \| Real estate \| Commercial Real Estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments \| Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	169	246
Extended Maturity and Restructured Payments \| Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	81	0
Extended Maturity and Restructured Payments \| 1 - 4 family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity and Restructured Payments \| Multi-family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	391
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Real estate \| Construction and land
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Real estate \| Farmland
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Real estate \| Commercial Real Estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	391
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Commercial
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Consumer
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| 1 - 4 family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	0	0
Extended Maturity, Restructured Payments and Adjusted Interest Rate \| Multi-family residential \| Real estate \| Real estate
Troubled Debt Restructuring
Post-Modification Outstanding Recorded Investment	$ 0	$ 0