10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended: September 30, 2018

or

☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from                      to                     

Commission File Number: 001-34190

HOME BANCORP, INC.

(Exact name of Registrant as specified in its charter)

Louisiana	71-1051785
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification Number)
503 Kaliste Saloom Road, Lafayette, Louisiana	70508
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (337) 237-1960

Not Applicable

(Former Name, Former Address and Former Fiscal Year, if changed since last report)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days.    YES  ☒    NO  ☐

Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    YES  ☒    NO  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☒
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    YES  ☐    NO  ☒

At October 31, 2018, the registrant had 9,480,140 shares of common stock, $0.01 par value, outstanding.

HOME BANCORP, INC. and SUBSIDIARY

TABLE OF CONTENTS

		Page
PART I
Item 1.	Financial Statements (unaudited)
	Consolidated Statements of Financial Condition		1
	Consolidated Statements of Income		2
	Consolidated Statements of Comprehensive Income		3
	Consolidated Statements of Changes in Shareholders’ Equity		4
	Consolidated Statements of Cash Flows		5
	Notes to Unaudited Consolidated Financial Statements		6
Item 2.	Managements’ Discussion and Analysis of Financial Condition and Results of Operations		27
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		40
Item 4.	Controls and Procedures		40
PART II
Item 1.	Legal Proceedings		40
Item 1A.	Risk Factors		41
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		41
Item 3.	Defaults Upon Senior Securities		41
Item 4.	Mine Safety Disclosures		41
Item 5.	Other Information		41
Item 6.	Exhibits		41
SIGNATURES			42

i

HOME BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

	(Unaudited)			(Audited)
	September 30,			December 31,
(Dollars in thousands, except share data)	2018			2017
Assets
Cash and cash equivalents	$	61,724		$	150,418
Interest-bearing deposits in banks		1,184			2,421
Investment securities available for sale, at fair value		258,948			234,993
Investment securities held to maturity (fair values of $10,868 and $13,055, respectively)		10,942			13,034
Mortgage loans held for sale		3,470			5,873
Loans, net of unearned income		1,633,019			1,657,795
Allowance for loan losses		(15,743	)		(14,807	)
Total loans, net of unearned income and allowance for loan losses		1,617,276			1,642,988
Office properties and equipment, net		45,758			45,605
Cash surrender value of bank-owned life insurance		29,394			28,904
Goodwill and core deposit intangibles		66,493			68,033
Accrued interest receivable and other assets		45,341			35,852
Total Assets	$	2,140,530		$	2,228,121
Liabilities
Deposits:
Noninterest-bearing	$	447,422		$	461,999
Interest-bearing		1,323,890			1,404,228
Total deposits		1,771,312			1,866,227
Short-term Federal Home Loan Bank advances		41			3,642
Long-term Federal Home Loan Bank advances		59,536			68,183
Accrued interest payable and other liabilities		13,953			12,198
Total Liabilities		1,844,842			1,950,250
Shareholders’ Equity
Preferred stock, $0.01 par value - 10,000,000 shares authorized; none issued		—			—
Common stock, $0.01 par value - 40,000,000 shares authorized; 9,479,611 and 9,395,488 shares issued and outstanding, respectively		95			94
Additional paid-in capital		167,942			165,341
Unallocated common stock held by:
Employee Stock Ownership Plan (ESOP)		(3,571	)		(3,838	)
Recognition and Retention Plan (RRP)		(77	)		(84	)
Retained earnings		135,848			117,313
Accumulated other comprehensive loss		(4,549	)		(955	)
Total Shareholders’ Equity		295,688			277,871
Total Liabilities and Shareholders’ Equity	$	2,140,530		$	2,228,121

The accompanying Notes are an integral part of these Consolidated Financial Statements.

1

HOME BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
(Dollars in thousands, except per share data)	2018			2017			2018		2017
Interest Income
Loans, including fees	$	24,118		$	16,336		$	70,449	$	48,747
Investment securities:
Taxable interest		1,516			983			4,355		2,807
Tax-exempt interest		178			152			543		471
Other investments and deposits		297			194			1,063		403
Total interest income		26,109			17,665			76,410		52,428
Interest Expense
Deposits		2,312			1,396			6,141		3,538
Short-term Federal Home Loan Bank advances		6			—			39		95
Long-term Federal Home Loan Bank advances		281			313			877		972
Total interest expense		2,599			1,709			7,057		4,605
Net interest income		23,510			15,956			69,353		47,823
Provision for loan losses		786			660			2,331		1,117
Net interest income after provision for loan losses		22,724			15,296			67,022		46,706
Noninterest Income
Service fees and charges		1,638			1,056			4,812		2,983
Bank card fees		1,110			718			3,405		2,168
Gain on sale of loans, net		206			303			614		919
Income from bank-owned life insurance		166			121			490		361
(Loss) gain on sale of assets, net		(68	)		(43	)		77		(147	)
Other income		289			138			768		999
Total noninterest income		3,341			2,293			10,166		7,283
Noninterest Expense
Compensation and benefits		9,328			7,062			27,492		20,730
Occupancy		1,661			1,219			5,056		3,711
Marketing and advertising		286			287			852		802
Data processing and communication		1,804			928			5,827		3,076
Professional services		265			407			856		819
Forms, printing and supplies		180			119			811		410
Franchise and shares tax		362			193			1,091		587
Regulatory fees		455			317			1,177		952
Foreclosed assets, net		58			(70	)		247		(230	)
Other expenses		1,297			879			4,199		2,565
Total noninterest expense		15,696			11,341			47,608		33,422
Income before income tax expense		10,369			6,248			29,580		20,567
Income tax expense		2,107			2,158			6,079		6,985
Net Income	$	8,262		$	4,090		$	23,501	$	13,582
Earnings per share:
Basic	$	0.91		$	0.58		$	2.60	$	1.95
Diluted	$	0.89		$	0.56		$	2.53	$	1.88
Cash dividends declared per common share	$	0.19		$	0.14		$	0.51	$	0.41

The accompanying Notes are an integral part of these Consolidated Financial Statements.

2

HOME BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2018			2017			2018			2017
Net Income	$	8,262		$	4,090		$	23,501		$	13,582
Other Comprehensive (Loss) Income
Unrealized (losses) gains on investment securities		(1,279	)		(60	)		(4,289	)		103
Tax effect		269			21			901			(36	)
Other comprehensive (loss) income, net of taxes		(1,010	)		(39	)		(3,388	)		67
Comprehensive Income	$	7,252		$	4,051		$	20,113		$	13,649

The accompanying Notes are an integral part of these Consolidated Financial Statements.

3

HOME BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited)

															Accumulated
			Additional			Unallocated			Unallocated						Other
	Common		Paid-in			Common Stock			Common Stock			Retained			Comprehensive
(Dollars in thousands, except share and per share data)	Stock		Capital			Held by ESOP			Held by RRP			Earnings			Income (Loss)			Total
Balance, December 31, 2016	$	74	$	79,426		$	(4,196	)	$	(120	)	$	104,647		$	12		$	179,843
Net income													13,582						13,582
Other comprehensive income																67			67
Purchase of Company’s common stock at cost, 1,233 shares		—		(12	)								(36	)					(48	)
Cash dividends declared, $0.41 per share		—											(3,028	)					(3,028	)
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit 7,905 shares		—		20									(35	)					(15	)
Exercise of stock options		—		650															650
RRP shares released for allocation				(6	)					14									8
ESOP shares released for allocation				915			268												1,183
Share-based compensation cost				383															383
Balance, September 30, 2017	$	74	$	81,376		$	(3,928	)	$	(106	)	$	115,130		$	79		$	192,625
Balance, December 31, 2017	$	94	$	165,341		$	(3,838	)	$	(84	)	$	117,313		$	(955	)	$	277,871
Net income													23,501						23,501
Other comprehensive loss																(3,388	)		(3,388	)
Reclassification of stranded tax effects in accumulated other comprehensive income(1)													206			(206	)		—
Purchase of Company’s common stock at cost, 8,283 shares		—		(83	)								(297	)					(380	)
Cash dividends declared, $0.51 per share													(4,810	)					(4,810	)
Common Stock issued under incentive plans, net of shares surrendered in payment, including tax benefit, 16,898 shares		—		139									(65	)					74
Exercise of stock options		1		897															898
RRP shares released for allocation				(7	)					7									—
ESOP shares released for allocation				1,109			267												1,376
Share-based compensation cost				546															546
Balance, September 30, 2018	$	95	$	167,942		$	(3,571	)	$	(77	)	$	135,848		$	(4,549	)	$	295,688

⁽¹⁾ See Note 2 - Recent Accounting Pronouncements

The accompanying Notes are an integral part of these Consolidated Financial Statements.

4

HOME BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	For the Nine Months Ended
	September 30,
(Dollars in thousands)	2018			2017
Cash flows from operating activities:
Net income	$	23,501		$	13,582
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses		2,331			1,117
Depreciation		1,832			1,439
Amortization and accretion of purchase accounting valuations and intangibles		6,259			3,496
Net amortization of mortgage servicing asset		113			150
Federal Home Loan Bank stock dividends		(90	)		(83	)
Net amortization of discount on investments		1,516			1,269
Gain on loans sold, net		(614	)		(919	)
Proceeds, including principal payments, from loans held for sale		73,539			94,171
Originations of loans held for sale		(70,521	)		(94,714	)
Non-cash compensation		1,922			1,566
Deferred income tax expense (benefit)		225			(315	)
(Increase) decrease in accrued interest receivable and other assets		(9,003	)		1,460
Increase in cash surrender value of bank-owned life insurance		(490	)		(361	)
Decrease (increase) in accrued interest payable and other liabilities		1,685			(63	)
Net cash provided by operating activities		32,205			21,795
Cash flows from investing activities:
Purchases of securities available for sale		(67,539	)		(48,408	)
Proceeds from maturities, prepayments and calls on securities available for sale		38,016			29,022
Proceeds from maturities, prepayments and calls on securities held to maturity		1,855			—
Decrease (increase) in loans, net		18,222			(2,516	)
Reimbursement from FDIC for covered assets		—			142
Decrease in interest-bearing deposits in banks		1,237			693
Proceeds from sale of repossessed assets		616			2,632
Purchases of office properties and equipment		(2,824	)		(1,360	)
Proceeds from sale of office properties and equipment		1,051			640
Proceeds from redemption of Federal Home Loan Bank stock		—			4,180
Net cash (used in) provided by investing activities		(9,366	)		(14,975	)
Cash flows from financing activities:
(Decrease) increase in deposits, net		(94,992	)		71,645
Borrowings on Federal Home Loan Bank advances		—			130,750
Repayments of Federal Home Loan Bank advances		(12,323	)		(184,463	)
Proceeds from exercise of stock options		898			650
Issuance of stock under incentive plans		74			(15	)
Dividends paid to shareholders		(4,810	)		(3,028	)
Purchase of Company’s common stock		(380	)		(48	)
Net cash (used in) provided by financing activities		(111,533	)		15,491
Net change in cash and cash equivalents		(88,694	)		22,311
Cash and cash equivalents at beginning of year		150,418			29,315
Cash and cash equivalents at end of year	$	61,724		$	51,626
		—			—

The accompanying Notes are an integral part of these Consolidated Financial Statements.

5

HOME BANCORP, INC. AND SUBSIDIARY

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

1. Basis of Presentation

The accompanying unaudited consolidated financial statements of Home Bancorp, Inc. (the “Company”) were prepared in accordance with instructions for Form 10-Q and Regulation S-X and do not include information or footnotes necessary for a complete presentation of financial condition, results of operations, comprehensive income, changes in shareholders’ equity and cash flows in conformity with accounting principles generally accepted in the United States of America. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the nine-month period ended September 30, 2018 are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) for the year ended December 31, 2017.

Critical Accounting Policies and Estimates

There were no material changes or developments during the reporting period with respect to methodologies the Company uses when applying critical accounting policies and developing critical accounting estimates as disclosed in its Annual Report on Form 10-K for the year ended December 31, 2017.

In preparing the financial statements, the Company is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Company’s financial condition, results of operations, comprehensive income, changes in shareholders’ equity and cash flows for the interim periods presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.

2. Recent Accounting Pronouncements

In February 2016, the FASB issued ASU 2016-02, “Conforming Amendments Related to Leases”. This ASU amends the codification regarding leases in order to increase transparency and comparability. The ASU requires companies to recognize lease assets and liabilities on the statement of condition and disclose key information about leasing arrangements. Upon implementation, a lessee will recognize a liability to make lease payments and a right-of-use asset representing its right to use the leased asset for the lease term. The ASU is effective for annual and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment but does not anticipate it will have a material impact on our Consolidated Financial Statements. Based on the Company’s preliminary assessment of its current leases, the impact to the Company’s consolidated balance sheet is estimated to be less than a 1% increase in assets and liabilities.

In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments”. The ASU requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. 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 carrying value at the amount expected to be collected on the financial assets. The income statement reflects the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount of financial assets. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The allowance for credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination that are measured at amortized cost basis is determined in a similar manner to other financial assets

6

measured at amortized cost basis; however, the initial allowance for credit losses is added to the purchase price rather than being reported as a credit loss expense. Only subsequent changes in the allowance for credit losses are recorded as a credit loss expense for these assets. Off-balance-sheet arrangements such as commitments to extend credit, guarantees, and standby letters of credit that and are not unconditionally cancellable are also within the scope of this amendment. Credit losses relating to debt securities should be recorded through an allowance for credit losses. This ASU is effective for fiscal years beginning after December 31, 2019. An entity will apply the amendments in this update on a modified retrospective basis, through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is currently assessing this accounting standard and the implementation of a new software application during 2018 to assist in determining the impact to our Consolidated Financial Statements. The adoption of this ASU could result in material changes in our accounting for credit losses. The extent of the impact upon adoption will depend on the characteristics of the Company’s loan portfolio and economic conditions on that date as well as forecasted conditions thereafter.

In January 2017, FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other, Simplifying the Test for Goodwill Impairment”. The amendment in this ASU eliminates the requirement to calculate the implied fair value of goodwill in order to measure a goodwill impairment charge. An entity will record an impairment charge based on the excess of the carrying amount over its fair value. This ASU is effective for fiscal and interim testing periods beginning after December 15, 2019. The Company is currently assessing the amendment and does not anticipate it will have a material impact on our Consolidated Financial Statements.

In April 2017, FASB issued ASU No. 2017-08, “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities”. This ASU shortens the amortization period for the premium on certain purchased callable debt securities to the earliest call date. The accounting for purchased callable debt securities held at a discount does not change under the new guidance. This ASU is effective for fiscal and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment and does not anticipate it will have an impact on our Consolidated Financial Statements.

ASU 2018-02, “Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” ASU 2018-02 was issued to address the income tax accounting treatment of the stranded tax effects within accumulated other comprehensive income as a result of tax reform. This issue came about from the enactment of the Tax Cuts and Jobs Act of 2017 on December 22, 2017 that changed the Company’s statutory income tax rate from 35% to 21%. The ASU changed current accounting whereby an entity may elect to reclassify the stranded tax effect from accumulated other comprehensive income to retained earnings. The ASU is effective for periods beginning after December 15, 2018 although early adoption is permitted. The Company adopted ASU 2018-02 in the first quarter of 2018 and reclassified its stranded tax credit of $206,000 from accumulated other comprehensive income to retained earnings.

In July 2018, the FASB issued ASU No. 2018-11, “Leases – Targeted Improvements” to provide alternative transition methods to reduce the costs and complexities of implementing the new leases standard, ASU No. 2016-02. The amendments in the update allow entities to recognize a cumulative-effect adjustment in the opening balance of retained earnings in the period of adoption of ASU No. 2016-02, which eliminates the need to re-state amounts presented for prior-periods. In addition, under certain conditions, lessors are allowed to account for lease and non-lease components as a single component. The amendments have the same effective date as ASU No. 2016-02 (periods beginning after December 15, 2018). The Company is currently assessing ASU No. 2018-11, but does not anticipate it will have a material impact on our Consolidated Financial Statements.

In August 2018, the FASB issued ASU No. 2018-13, “Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement.” The ASU removes, modifies, and adds certain disclosure requirements for fair value measurements. For example, public entities will no longer be required to disclose the valuation processes for Level 3 fair value measurements, but will be required to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements. ASU No. 2018-13 is effective for interim and annual reporting periods beginning after December 15, 2019. In addition, entities may early adopt the modified or eliminated disclosure requirements and delay adoption of the additional disclosure requirements until their effective date. The Company does not believe ASU No. 2018-13 will have a material impact on our Consolidated Financial Statements, as the update only revises disclosure requirements.

7

3. Investment Securities

Summary information regarding the Company’s investment securities classified as available for sale and held to maturity as of September 30, 2018 and December 31, 2017 is as follows.

(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
September 30, 2018
Available for sale:
U.S. agency mortgage-backed	$	80,917	$	447	$	1,083	$	789	$	79,492
Collateralized mortgage obligations		151,719		42		1,321		2,999		147,441
Municipal bonds		21,690		57		73		—		21,674
U.S. government agency		10,380		27		33		33		10,341
Total available for sale	$	264,706	$	573	$	2,510	$	3,821	$	258,948
Held to maturity:
Municipal bonds	$	10,942	$	6	$	40	$	40	$	10,868
Total held to maturity	$	10,942	$	6	$	40	$	40	$	10,868
(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
December 31, 2017
Available for sale:
U.S. agency mortgage-backed	$	84,639	$	619	$	270	$	298	$	84,690
Collateralized mortgage obligations		115,435		46		671		1,075		113,735
Municipal bonds		25,362		177		17		1		25,521
U.S. government agency		11,026		42		21		—		11,047
Total available for sale	$	236,462	$	884	$	979	$	1,374	$	234,993
Held to maturity:
Municipal bonds	$	13,034	$	54	$	18	$	15	$	13,055
Total held to maturity	$	13,034	$	54	$	18	$	15	$	13,055

The estimated fair value and amortized cost by contractual maturity of the Company’s investment securities as of September 30, 2018 are shown in the following tables. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. The expected maturity of a security may differ from its contractual maturity because of prepayments or the exercise of call options. Accordingly, actual maturities may differ from contractual maturities.

8

(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Fair Value
Securities available for sale:
U.S. agency mortgage-backed	$	1,718	$	12,321	$	37,171	$	28,282	$	79,492
Collateralized mortgage obligations		—		5,662		18,171		123,608		147,441
Municipal bonds		3,585		9,919		5,355		2,815		21,674
U.S. government agency		4,965		—		3,940		1,436		10,341
Total securities available for sale	$	10,268	$	27,902	$	64,637	$	156,141	$	258,948
Securities held to maturity:
Municipal bonds	$	—	$	5,767	$	4,055	$	1,046	$	10,868
Total securities held to maturity	$	—	$	5,767	$	4,055	$	1,046	$	10,868
(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Amortized Cost
Securities available for sale:
U.S. agency mortgage-backed	$	1,720	$	12,693	$	38,212	$	28,292	$	80,917
Collateralized mortgage obligations		—		5,719		18,694		127,306		151,719
Municipal bonds		3,580		9,920		5,345		2,845		21,690
U.S. government agency		4,998		—		3,913		1,469		10,380
Total securities available for sale	$	10,298	$	28,332	$	66,164	$	159,912	$	264,706
Securities held to maturity:
Municipal bonds	$	—	$	5,777	$	4,108	$	1,057	$	10,942
Total securities held to maturity	$	—	$	5,777	$	4,108	$	1,057	$	10,942

Management evaluates securities for other-than-temporary impairment at least quarterly, and more frequently when economic and market conditions warrant such evaluations. Consideration is given to (1) the extent and length of time the fair value has been below cost; (2) the reasons for the decline in value; and (3) the Company’s intent to sell a security or whether it is more likely than not the Company will be required to sell the security before the recovery of its amortized cost, which may extend to maturity.

The Company performs a process to identify securities that could potentially have a credit impairment that is other-than-temporary. This process involves evaluating each security for impairment by monitoring credit performance, collateral type, collateral geography, bond credit support, loan-to-value ratios, credit scores, loss severity levels, pricing levels, downgrades by rating agencies, cash flow projections and other factors as indicators of potential credit issues. When the Company determines that a security is deemed other-than-temporarily impaired, an impairment loss is recognized.

As of September 30, 2018, 184 of the Company’s investment securities had unrealized losses totaling 2.8% of the individual securities’ amortized cost basis and 2.3% of the Company’s total amortized cost basis of the investment securities portfolio. At such date, 59 of the 184 securities had been in a continuous loss position for over 12 months. The 59 securities had an aggregate amortized cost basis of $94.1 million and an unrealized loss of $3.8 million at September 30, 2018. Management has the intent and ability to hold these securities until maturity, or until anticipated recovery; hence, no declines in these securities were deemed other-than-temporary at September 30, 2018.

9

As of September 30, 2018 and December 31, 2017, the Company had $152,374,000 and $121,984,000, respectively, of securities pledged to secure public deposits.

4. Earnings Per Share

Earnings per common share were computed based on the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands, except per share data)	2018		2017		2018		2017
Numerator:
Net income available to common shareholders	$	8,262	$	4,090	$	23,501	$	13,582
Denominator:
Weighted average common shares outstanding		9,098		7,007		9,053		6,972
Effect of dilutive securities:
Restricted stock		19		3		21		3
Stock options		204		271		223		266
Weighted average common shares outstanding – assuming dilution		9,321		7,281		9,297		7,241
Basic earnings per common share	$	0.91	$	0.58	$	2.60	$	1.95
Diluted earnings per common share	$	0.89	$	0.56	$	2.53	$	1.88

Options on 27,934 and 77,024 shares of common stock were not included in the computation of diluted earnings per share for the three months ended September 30, 2018 and September 30, 2017, respectively, because the effect of these shares was anti-dilutive. Options on 15,850 and 60,849 shares of common stock were not included in the computation of diluted earnings per share for the nine months ended September 30, 2018 and September 30, 2017, respectively, because the effect of these shares was anti-dilutive.

5. Credit Quality and Allowance for Loan Losses

The following briefly describes the distinction between originated and Acquired Loans and certain significant accounting policies relevant to each category.

Originated Loans

Loans originated for investment are reported at the principal balance outstanding net of unearned income. Interest on loans and accretion of unearned income are computed in a manner that approximates a level yield on recorded principal. Interest on loans is recorded as income is earned. The accrual of interest on an originated loan is discontinued when it is probable the borrower will not be able to meet payment obligations as they become due. The Company maintains an allowance for loan losses on originated loans that represents management’s estimate of probable losses incurred in this portfolio category.

Acquired Loans

Loans that were acquired as a result of business combinations are referred to as “Acquired Loans.” Acquired Loans were recorded at estimated fair value at the acquisition date with no carryover of the related allowance for loan losses. The Acquired Loans were segregated between those considered to be performing (“acquired performing”) and those with evidence of credit deterioration (“acquired impaired”), and then further segregated into loan pools designed to facilitate the estimation of expected cash flows. The fair value estimate for each pool of acquired performing and acquired impaired loans was based on the estimate of expected cash flows, both principal and interest, from that pool, discounted at prevailing market interest rates.

10

The difference between the fair value of an acquired performing loan pool and the contractual amounts due at the acquisition date (the “fair value discount”) is accreted into income over the estimated life of the pool. Management estimates an allowance for loan losses for acquired performing loans using a methodology similar to that used for originated loans. The allowance determined for each loan pool is compared to the remaining fair value discount for that pool. If the allowance amount calculated under the Company’s methodology is greater than the Company’s remaining discount, the additional amount called for is added to the reported allowance through a provision for loan losses. If the allowance amount calculated under the Company’s methodology is less than the Company’s recorded discount, no additional allowance or provision is recognized. Actual losses first reduce any remaining nonaccretable discount for the loan pool. Once the nonaccretable discount is fully depleted, losses are applied against the allowance established for that pool. Acquired performing loans are placed on nonaccrual status and considered and reported as nonperforming or past due using the same criteria applied to the originated portfolio.

The excess of cash flows expected to be collected from an acquired impaired loan pool over the pool’s estimated fair value at acquisition is referred to as the accretable yield and is recognized in interest income using an effective yield method over the remaining life of the pool. Each pool of acquired impaired loans is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows.

Management recasts the estimate of cash flows expected to be collected on each acquired impaired loan pool periodically. If the present value of expected cash flows for a pool is less than its carrying value, an impairment is recognized by an increase in the allowance for loan losses and a charge to the provision for loan losses. If the present value of expected cash flows for a pool is greater than its carrying value, any previously established allowance for loan losses is reversed and any remaining difference increases the accretable yield, which will be taken into interest income over the remaining life of the loan pool. Acquired impaired loans are generally not subject to individual evaluation for impairment and are not reported with impaired loans, even if they would otherwise qualify for such treatment.

Allowance for Loan Losses

The allowance for loan losses and recorded investment in loans as of the dates indicated are as follows.

	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,861	$	—	$	53	$	1,914
Home equity loans and lines		692		348		52		1,092
Commercial real estate		5,144		187		237		5,568
Construction and land		2,021		—		6		2,027
Multi-family residential		540		—		60		600
Commercial and industrial		2,253		862		575		3,690
Consumer		484		—		368		852
Total allowance for loan losses	$	12,995	$	1,397	$	1,351	$	15,743
	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	221,283	$	—	$	235,514	$	456,797
Home equity loans and lines		52,734		885		32,786		86,405
Commercial real estate		417,338		5,944		206,015		629,297
Construction and land		139,869		—		34,704		174,573
Multi-family residential		43,219		—		12,934		56,153
Commercial and industrial		119,987		3,010		50,941		173,938
Consumer		37,929		—		17,927		55,856
Total loans	$	1,032,359	$	9,839	$	590,821	$	1,633,019

11

	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	—	$	89	$	1,663
Home equity loans and lines		676		348		78		1,102
Commercial real estate		4,766		—		140		4,906
Construction and land		1,742		—		7		1,749
Multi-family residential		355		—		—		355
Commercial and industrial		2,721		1,625		184		4,530
Consumer		496		—		6		502
Total allowance for loan losses	$	12,330	$	1,973	$	504	$	14,807
	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	199,199	$	—	$	278,012	$	477,211
Home equity loans and lines		53,349		925		40,171		94,445
Commercial real estate		369,740		22		241,596		611,358
Construction and land		124,963		—		52,300		177,263
Multi-family residential		30,540		—		20,438		50,978
Commercial and industrial		120,818		2,512		61,954		185,284
Consumer		39,854		—		21,402		61,256
Total loans	$	938,463	$	3,459	$	715,873	$	1,657,795

⁽¹⁾ $11.0 million and $14.2 million in Acquired Loans were deemed to be acquired impaired loans and were accounted for under ASC 310-30 at September 30, 2018 and December 31, 2017, respectively.

A summary of activity in the allowance for loan losses for the nine months ended September 30, 2018 and September 30, 2017 follows.

	For the Nine Months Ended September 30, 2018
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision		Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	(1	)	$	—	$	288	$	1,861
Home equity loans and lines		1,024		—			3		13		1,040
Commercial real estate		4,766		—			—		565		5,331
Construction and land		1,742		—			—		279		2,021
Multi-family residential		355		—			—		185		540
Commercial and industrial		4,346		(1,503	)		153		119		3,115
Consumer		496		(60	)		13		35		484
Total allowance for loan losses	$	14,303	$	(1,564	)		169	$	1,484	$	14,392

12

Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	89	$	—		$	—	$	(36	)	$	53
Home equity loans and lines		78		—			—		(26	)		52
Commercial real estate		140		—			—		97			237
Construction and land		7		—			—		(1	)		6
Multi-family residential		—		—			—		60			60
Commercial and industrial		184		—			—		391			575
Consumer		6		—			—		362			368
Total allowance for loan losses	$	504	$	—		$	—	$	847		$	1,351
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,663	$	(1	)	$	—	$	252		$	1,914
Home equity loans and lines		1,102		—			3		(13	)		1,092
Commercial real estate		4,906		—			—		662			5,568
Construction and land		1,749		—			—		278			2,027
Multi-family residential		355		—			—		245			600
Commercial and industrial		4,530		(1,503	)		153		510			3,690
Consumer		502		(60	)		13		397			852
Total allowance for loan losses	$	14,807	$	(1,564	)	$	169	$	2,331		$	15,743
	For the Nine Months Ended September 30, 2017
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision			Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,436	$	—		$	—	$	117		$	1,553
Home equity loans and lines		654		(10	)		18		399			1,061
Commercial real estate		4,177		(4	)		—		431			4,604
Construction and land		1,763		—			—		(86	)		1,677
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,316		(358	)		203		164			3,325
Consumer		513		(58	)		5		9			469
Total allowance for loan losses	$	12,220	$	(430	)	$	226	$	1,024		$	13,040
Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	75	$	—		$	—	$	(16	)	$	59
Home equity loans and lines		74		—			—		(12	)		62
Commercial real estate		—		—			—		77			77
Construction and land		19		—			—		(12	)		7
Multi-family residential		—		—			—		—			—
Commercial and industrial		123		—			—		53			176
Consumer		—		—			—		3			3
Total allowance for loan losses	$	291	$	—		$	—	$	93		$	384
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,511	$	—		$	—	$	101		$	1,612
Home equity loans and lines		728		(10	)		18		387			1,123
Commercial real estate		4,177		(4	)		—		508			4,681
Construction and land		1,782		—			—		(98	)		1,684
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,439		(358	)		203		217			3,501
Consumer		513		(58	)		5		12			472
Total allowance for loan losses	$	12,511	$	(430	)	$	226	$	1,117		$	13,424

13

Credit Quality

The following tables present the Company’s loan portfolio by credit quality classification as of the dates indicated.

	September 30, 2018
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	216,787	$	1,745	$	2,751	$	—	$	221,283
Home equity loans and lines		52,011		—		1,608		—		53,619
Commercial real estate		410,684		4,610		7,988		—		423,282
Construction and land		137,578		1,168		1,123		—		139,869
Multi-family residential		43,219		—		—		—		43,219
Commercial and industrial		112,336		4,537		6,124		—		122,997
Consumer		37,634		124		171		—		37,929
Total originated loans	$	1,010,249	$	12,184	$	19,765	$	—	$	1,042,198
Acquired loans:
One- to four-family first mortgage	$	226,735	$	1,806	$	6,973	$	—	$	235,514
Home equity loans and lines		32,321		188		277		—		32,786
Commercial real estate		187,358		8,343		10,314		—		206,015
Construction and land		32,839		1,302		563		—		34,704
Multi-family residential		12,091		588		255		—		12,934
Commercial and industrial		46,948		1,661		2,332		—		50,941
Consumer		17,510		170		247		—		17,927
Total acquired loans	$	555,802	$	14,058	$	20,961	$	—	$	590,821
Total loans:
One- to four-family first mortgage	$	443,522	$	3,551	$	9,724	$	—	$	456,797
Home equity loans and lines		84,332		188		1,885		—		86,405
Commercial real estate		598,042		12,953		18,302		—		629,297
Construction and land		170,417		2,470		1,686		—		174,573
Multi-family residential		55,310		588		255		—		56,153
Commercial and industrial		159,284		6,198		8,456		—		173,938
Consumer		55,144		294		418		—		55,856
Total loans	$	1,566,051	$	26,242	$	40,726	$	—	$	1,633,019

14

	December 31, 2017
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	196,203	$	990	$	2,006	$	—	$	199,199
Home equity loans and lines		52,492		283		1,499		—		54,274
Commercial real estate		356,020		5,080		8,662		—		369,762
Construction and land		122,076		2,043		844		—		124,963
Multi-family residential		30,540		—		—		—		30,540
Commercial and industrial		105,097		4,640		13,593		—		123,330
Consumer		39,335		120		399		—		39,854
Total originated loans	$	901,763	$	13,156	$	27,003	$	—	$	941,922
Acquired loans:
One- to four-family first mortgage	$	269,144	$	2,825	$	6,043	$	—	$	278,012
Home equity loans and lines		39,603		307		261		—		40,171
Commercial real estate		218,234		12,522		10,840		—		241,596
Construction and land		48,748		3,056		496		—		52,300
Multi-family residential		19,644		636		158		—		20,438
Commercial and industrial		56,635		2,998		2,321		—		61,954
Consumer		21,172		69		161		—		21,402
Total acquired loans	$	673,180	$	22,413	$	20,280	$	—	$	715,873
Total loans:
One- to four-family first mortgage	$	465,347	$	3,815	$	8,049	$	—	$	477,211
Home equity loans and lines		92,095		590		1,760		—		94,445
Commercial real estate		574,254		17,602		19,502		—		611,358
Construction and land		170,824		5,099		1,340		—		177,263
Multi-family residential		50,184		636		158		—		50,978
Commercial and industrial		161,732		7,638		15,914		—		185,284
Consumer		60,507		189		560		—		61,256
Total loans	$	1,574,943	$	35,569	$	47,283	$	—	$	1,657,795

The above classifications follow regulatory guidelines and can generally be described as follows:

• Pass loans are of satisfactory quality.

• Special mention loans have an existing weakness that could cause future impairment, including the deterioration of financial ratios, past due status, questionable management capabilities and possible reduction in the collateral values.

• Substandard loans have an existing specific and well-defined weakness that may include poor liquidity and deterioration of financial performance. Such loans may be past due and related deposit accounts experiencing overdrafts. Immediate corrective action is necessary.

• Doubtful loans have specific weaknesses that are severe enough to make collection or liquidation in full highly questionable and improbable.

In addition, residential loans are classified using an inter-agency regulatory methodology that incorporates, among other factors, the extent of delinquencies and loan-to-value ratios. These classifications were the most current available as of the dates indicated and were generally updated within the quarter.

Age analysis of past due loans as of the dates indicated are as follows.

15

	September 30, 2018
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	1,271	$	374	$	371	$	2,016	$	219,267	$	221,283
Home equity loans and lines		177		44		26		247		53,372		53,619
Commercial real estate		242		1,016		167		1,425		421,857		423,282
Construction and land		6		—		—		6		139,863		139,869
Multi-family residential		—		—		—		—		43,219		43,219
Total real estate loans		1,696		1,434		564		3,694		877,578		881,272
Other loans:
Commercial and industrial		291		266		257		814		122,183		122,997
Consumer		314		85		84		483		37,446		37,929
Total other loans		605		351		341		1,297		159,629		160,926
Total originated loans	$	2,301	$	1,785	$	905	$	4,991	$	1,037,207	$	1,042,198
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,375	$	654	$	4,018	$	8,047	$	227,467	$	235,514
Home equity loans and lines		281		267		93		641		32,145		32,786
Commercial real estate		2,646		129		1,213		3,988		202,027		206,015
Construction and land		506		145		327		978		33,726		34,704
Multi-family residential		—		—		—		—		12,934		12,934
Total real estate loans		6,808		1,195		5,651		13,654		508,299		521,953
Other loans:
Commercial and industrial		960		91		160		1,211		49,730		50,941
Consumer		544		105		155		804		17,123		17,927
Total other loans		1,504		196		315		2,015		66,853		68,868
Total acquired loans	$	8,312	$	1,391	$	5,966	$	15,669	$	575,152	$	590,821
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,646	$	1,028	$	4,389	$	10,063	$	446,734	$	456,797
Home equity loans and lines		458		311		119		888		85,517		86,405
Commercial real estate		2,888		1,145		1,380		5,413		623,884		629,297
Construction and land		512		145		327		984		173,589		174,573
Multi-family residential		—		—		—		—		56,153		56,153
Total real estate loans		8,504		2,629		6,215		17,348		1,385,877		1,403,225
Other loans:
Commercial and industrial		1,251		357		417		2,025		171,913		173,938
Consumer		858		190		239		1,287		54,569		55,856
Total other loans		2,109		547		656		3,312		226,482		229,794
Total loans	$	10,613	$	3,176	$	6,871	$	20,660	$	1,612,359	$	1,633,019
	December 31, 2017
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	837	$	131	$	44	$	1,012	$	198,187	$	199,199
Home equity loans and lines		1,018		—		26		1,044		53,230		54,274
Commercial real estate		670		—		—		670		369,092		369,762
Construction and land		744		—		200		944		124,019		124,963
Multi-family residential		—		—		—		—		30,540		30,540
Total real estate loans		3,269		131		270		3,670		775,068		778,738

16

Other loans:
Commercial and industrial		882		825		1,641		3,348		119,982		123,330
Consumer		380		9		278		667		39,187		39,854
Total other loans		1,262		834		1,919		4,015		159,169		163,184
Total originated loans	$	4,531	$	965	$	2,189	$	7,685	$	934,237	$	941,922
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,867	$	2,087	$	2,816	$	8,770	$	269,242	$	278,012
Home equity loans and lines		137		61		46		244		39,927		40,171
Commercial real estate		5,071		436		1,864		7,371		234,225		241,596
Construction and land		2,089		159		239		2,487		49,813		52,300
Multi-family residential		—		—		—		—		20,438		20,438
Total real estate loans		11,164		2,743		4,965		18,872		613,645		632,517
Other loans:
Commercial and industrial		809		678		185		1,672		60,282		61,954
Consumer		329		152		95		576		20,826		21,402
Total other loans		1,138		830		280		2,248		81,108		83,356
Total acquired loans	$	12,302	$	3,573	$	5,245	$	21,120	$	694,753	$	715,873
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,704	$	2,218	$	2,860	$	9,782	$	467,429	$	477,211
Home equity loans and lines		1,155		61		72		1,288		93,157		94,445
Commercial real estate		5,741		436		1,864		8,041		603,317		611,358
Construction and land		2,833		159		439		3,431		173,832		177,263
Multi-family residential		—		—		—		—		50,978		50,978
Total real estate loans		14,433		2,874		5,235		22,542		1,388,713		1,411,255
Other loans:
Commercial and industrial		1,691		1,503		1,826		5,020		180,264		185,284
Consumer		709		161		373		1,243		60,013		61,256
Total other loans		2,400		1,664		2,199		6,263		240,277		246,540
Total loans	$	16,833	$	4,538	$	7,434	$	28,805	$	1,628,990	$	1,657,795

Excluding Acquired Loans with deteriorated credit quality, the Company did not have any loans greater than 90 days past due and accruing as of September 30, 2018 or December 31, 2017.

The following table summarizes the accretable yield on loans accounted for under ASC 310-30 as of the dates indicated.

	For the Nine Months Ended
(dollars in thousands)	September 30, 2018			September 30, 2017
Balance at beginning of period	$	(9,303	)	$	(11,091	)
Accretion		1,849			2,495
Transfers from nonaccretable difference to accretable yield		(2,559	)		(1,208	)
Balance at end of period	$	(10,013	)	$	(9,804	)

The following table summarizes information pertaining to Originated Loans, which were deemed impaired loans as of the dates indicated.

17

	For the Period Ended September 30, 2018
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		450		476		—		458		—
Commercial real estate		21		33		—		22		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		324		440		—		347		—
Consumer		—		—		—		—		—
Total	$	795	$	949	$	—	$	827	$	—
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		435		461		348		443		—
Commercial real estate		5,923		5,923		187		658		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,686		2,905		862		1,186		—
Consumer		—		—		—		—		—
Total	$	9,044	$	9,289	$	1,397	$	2,287	$	—
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		885		937		348		901		—
Commercial real estate		5,944		5,956		187		680		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		3,010		3,345		862		1,533		—
Consumer		—		—		—		—		—
Total	$	9,839	$	10,238	$	1,397	$	3,114	$	—
	For the Period Ended December 31, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		470		476		—		395		1
Commercial real estate		22		32		—		19		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		428		434		—		2,849		2
Consumer		—		—		—		—		—
Total	$	920	$	942	$	—	$	3,263	$	3
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		455		461		348		383		1
Commercial real estate		—		—		—		296		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,084		2,157		1,625		1,985		52
Consumer		—		—		—		—		—
Total	$	2,539	$	2,618	$	1,973	$	2,706	$	53

18

Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		925		937		348		778		2
Commercial real estate		22		32		—		315		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,512		2,591		1,625		4,834		54
Consumer		—		—		—		—		—
Total	$	3,459	$	3,560	$	1,973	$	5,969	$	56
	For the Period Ended September 30, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		473		476		—		370		18
Commercial real estate		23		33		—		18		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,952		3,131		—		3,209		133
Consumer		—		—		—		—		—
Total	$	3,448	$	3,640	$	—	$	3,597	$	152
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		459		460		348		358		17
Commercial real estate		—		—		—		395		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		1,988		2,102		865		1,985		80
Consumer		—		—		—		—		—
Total	$	2,447	$	2,562	$	1,213	$	2,793	$	97
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		932		936		348		728		35
Commercial real estate		23		33		—		413		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		4,940		5,233		865		5,194		213
Consumer		—		—		—		—		—
Total	$	5,895	$	6,202	$	1,213	$	6,390	$	249

The following table summarizes information pertaining to nonaccrual loans as of dates indicated.

	September 30, 2018						December 31, 2017
(dollars in thousands)	Originated		Acquired(1)		Total		Originated		Acquired(1)		Total
Nonaccrual loans:
One- to four-family first mortgage	$	2,637	$	2,753	$	5,390	$	2,006	$	1,167	$	3,173
Home equity loans and lines		1,339		144		1,483		1,434		108		1,542
Commercial real estate		7,374		729		8,103		8,662		95		8,757
Construction and land		3		345		348		200		249		449
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		4,281		873		5,154		9,678		932		10,610
Consumer		171		226		397		399		103		502
Total	$	15,805	$	5,070	$	20,875	$	22,379	$	2,654	$	25,033

⁽¹⁾ Table excludes Acquired Loans which were being accounted for under ASC 310-30 because they continue to earn interest from accretable yield regardless of their status as past due or otherwise not in compliance with their contractual terms. Acquired Loans with deteriorated credit quality which were being accounting for under ASC 310-30 and which were 90 days or more past due totaled $2.5 million and $4.3 million as of September 30, 2018 and December 31, 2017, respectively.

19

As of September 30, 2018, the Company had no outstanding commitments to lend additional funds to any customer whose loan was classified as impaired.

Troubled Debt Restructurings

During the course of its lending operations, the Company periodically grants concessions to its customers in an attempt to protect as much of its investment as possible and to minimize risk of loss. These concessions may include restructuring the terms of a customer loan to alleviate the burden of the customer’s near-term cash requirements. Loans are considered troubled debt restructurings (“TDR”) when the Company agrees to restructure a loan to a borrower who is experiencing financial difficulties in a manner that is deemed to be a “concession”. The Company defines a concession as a modification of existing terms granted to a borrower for economic or legal reasons related to the borrower’s financial difficulties that the Company would otherwise not consider. The concession either is granted through an agreement with the customer or is imposed by a court or by law. Concessions include modifying original loan terms to reduce or defer cash payments required as part of the loan agreement, including but not limited to:

• a reduction of the stated interest rate for the remaining original life of the debt,

• an extension of the maturity date or dates at an interest rate lower than the current market rate for new debt with similar risk characteristics,

• a reduction of the face amount or maturity amount of the debt, or

• a reduction of accrued interest receivable on the debt.

In its determination of whether the customer is experiencing financial difficulties, the Company considers numerous indicators, including, but not limited to:

• whether the customer is currently in default on its existing loan, or is in an economic position where it is probable the customer will be in default on its loan in the foreseeable future without a modification,

• whether the customer has declared or is in the process of declaring bankruptcy,

• whether there is substantial doubt about the customer’s ability to continue as a going concern,

• whether, based on its projections of the customer’s current capabilities, the Company believes the customer’s future cash flows will be insufficient to service the debt, including interest, in accordance with the contractual terms of the existing agreement for the foreseeable future, and

• whether, without modification, the customer cannot obtain sufficient funds from other sources at an effective interest rate equal to the current market rate for similar debt for a non-troubled debtor.

If the Company concludes that both a concession has been granted and the concession was granted to a customer experiencing financial difficulties, the Company identifies the loan as a TDR. For purposes of the determination of an allowance for loan losses on TDRs, such loans are reviewed for specific impairment in accordance with the Company’s allowance for loan loss methodology. If it is determined that losses are probable on such TDRs, either because of delinquency or other credit quality indicators, the Company specifically allocates a portion of the allowance for loan losses to these loans.

20

Information about the Company’s TDRs is presented in the following tables.

	As of September 30, 2018
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	219	$	—	$	1,824	$	2,043
Home equity loans and lines		210		59		312		581
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,279		59		8,443		9,781
Other loans:
Commercial and industrial		—		—		466		466
Consumer		—		—		87		87
Total other loans		—		—		553		553
Total loans	$	1,279	$	59	$	8,996	$	10,334
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	210	$	—	$	—	$	210
Home equity loans and lines		—		—		68		68
Commercial real estate		—		—		—		—
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		210		—		68		278
Other loans:
Commercial and industrial		71		—		787		858
Consumer		8		—		12		20
Total other loans		79		—		799		878
Total loans	$	289	$	—	$	867	$	1,156
Total loans:
Real estate loans:
One- to four-family first mortgage	$	429	$	—	$	1,824	$	2,253
Home equity loans and lines		210		59		380		649
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,489		59		8,511		10,059
Other loans:
Commercial and industrial		71		—		1,253		1,324
Consumer		8		—		99		107
Total other loans		79		—		1,352		1,431
Total loans	$	1,568	$	59	$	9,863	$	11,490

21

	As of December 31, 2017
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	306	$	274	$	473	$	1,053
Home equity loans and lines		275		64		316		655
Commercial real estate		96		332		1,942		2,370
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		846		670		2,731		4,247
Other loans:
Commercial and industrial		—		—		4,581		4,581
Consumer		—		—		178		178
Total other loans		—		—		4,759		4,759
Total loans	$	846	$	670	$	7,490	$	9,006
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	214	$	3	$	59	$	276
Home equity loans and lines		—		—		91		91
Commercial real estate		—		803		—		803
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		214		806		150		1,170
Other loans:
Commercial and industrial		—		—		203		203
Consumer		—		—		—		—
Total other loans		—		—		203		203
Total loans	$	214	$	806	$	353	$	1,373
Total loans:
Real estate loans:
One- to four-family first mortgage	$	520	$	277	$	532	$	1,329
Home equity loans and lines		275		64		407		746
Commercial real estate		96		1,135		1,942		3,173
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		1,060		1,476		2,881		5,417
Other loans:
Commercial and industrial		—		—		4,784		4,784
Consumer		—		—		178		178
Total other loans		—		—		4,962		4,962
Total loans	$	1,060	$	1,476	$	7,843	$	10,379

22

The following table summarizes information pertaining to loans modified as of the periods indicated.

	For the Nine Months Ended September 30,
	2018						2017
(dollars in thousands)	Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment		Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment
Troubled debt restructurings:
One- to four-family first mortgage		2	$	1,132	$	1,131		5	$	268	$	263
Home equity loans and lines		—		—		—		2		38		37
Commercial real estate		1		6,423		5,923		1		431		431
Construction and land		—		—		—		—		—		—
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		2		738		676		1		1,439		1,146
Other consumer		3		20		20		2		60		57
Total		8	$	8,313	$	7,750		11	$	2,236	$	1,934

None of the performing troubled debt restructurings as of September 30, 2018 had defaulted subsequent to the restructuring through the date the financial statements were available to be issued.

6. Fair Value Measurements and Disclosures

The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The Company groups assets and liabilities measured or disclosed at fair value in three levels as required by ASC 820, Fair Value Measurements and Disclosures. Under this guidance, fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels used to measure fair value are as follows:

• Level 1 – Quoted prices in active markets for identical assets or liabilities.

• Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

• Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

An asset’s or liability’s categorization within the fair value hierarchy is based upon the lowest level that is significant to the fair value measurement. Management reviews and updates the fair value hierarchy classifications of the Company’s assets and liabilities quarterly.

23

Recurring Basis

Investment Securities Available for Sale

Fair values of investment securities available for sale are primarily measured using information from a third-party pricing service. This pricing service provides pricing information by utilizing pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities bids, offers and other reference data from market research publications. If quoted prices are available in an active market, investment securities are classified as Level 1 measurements. If quoted prices are not available in an active market, fair values are estimated primarily by the use of pricing models. Level 2 investment securities are primarily comprised of mortgage-backed securities issued by government agencies and U.S. government-sponsored enterprises. In certain cases, where there is limited or less transparent information provided by the Company’s third-party pricing service, fair value is estimated by the use of secondary pricing services or through the use of non-binding third-party broker quotes. Investment securities are classified within Level 3 when little or no market activity supports the fair value.

Management primarily identifies investment securities, which may have traded in illiquid or inactive markets, by identifying instances of a significant decrease in the volume and frequency of trades, relative to historical levels, as well as instances of a significant widening of the bid-ask spread in the brokered markets. Investment securities that are deemed to have been trading in illiquid or inactive markets may require the use of significant unobservable inputs. For example, management may use quoted prices for similar investment securities in the absence of a liquid and active market for the investment securities being valued. As of September 30, 2018, management did not make adjustments to prices provided by the third-party pricing service as a result of illiquid or inactive markets.

The following tables present the balances of assets measured for fair value on a recurring basis as of September 30, 2018 and December 31, 2017.

(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	79,492	$	—	$	79,492	$	—
Collateralized mortgage obligations		147,441		—		147,441		—
Municipal bonds		21,674		—		21,674		—
U.S. government agency		10,341		—		10,341		—
Total	$	258,948	$	—	$	258,948	$	—
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	84,690	$	—	$	84,690	$	—
Collateralized mortgage obligations		113,735		—		113,735		—
Municipal bonds		25,521		—		25,521		—
U.S. government agency		11,047		—		11,047		—
Total	$	234,993	$	—	$	234,993	$	—

The Company did not record any liabilities at fair value for which measurement of the fair value was made on a recurring basis.

24

Nonrecurring Basis

In accordance with the provisions of ASC 310, Receivables, the Company records loans considered impaired at fair value. A loan is considered impaired if it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Fair value is measured at the fair value of the collateral for collateral-dependent loans. For non-collateral-dependent loans, fair value is measured by present valuing expected future cash flows. Impaired loans are classified as Level 3 assets when measured using appraisals from third parties of the collateral less any prior liens and when there is no observable market price. Repossessed assets are initially recorded at fair value less estimated costs to sell. The fair value of repossessed assets is based on property appraisals and an analysis of similar properties available. As such, the Company classifies repossessed assets as Level 3 assets.

The Company has segregated all financial assets that are measured at fair value on a nonrecurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date as reflected in the table below.

			Fair Value Measurements Using
(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Assets
Impaired loans	$	8,442	$	—	$	—	$	8,442
Repossessed assets		571		—		—		571
Total	$	9,013	$	—	$	—	$	9,013
			Fair Value Measurements Using
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Assets
Impaired loans	$	1,486	$	—	$	—	$	1,486
Repossessed assets		728		—		—		728
Total	$	2,214	$	—	$	—	$	2,214

The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets.

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of September 30, 2018:
Impaired loans	$	8,442	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 80%		14	%
Repossessed assets	$	571	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		42	%

25

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of December 31, 2017:
Impaired loans	$	1,486	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 100%		57	%
Repossessed assets	$	728	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		28	%

ASC 820, Fair Value Measurements and Disclosures, requires the disclosure of each class of financial instruments for which it is practicable to estimate. The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. ASC 820 excludes certain financial instruments and all non-financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company.

Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial statements. These estimates are subjective in nature, involve uncertainties and matters of significant judgment, and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Fair value estimates included herein are based on existing on- and off-balance-sheet financial instruments without attempting to estimate the value of anticipated future business and the fair value of assets and liabilities that are not required to be recorded or disclosed at fair value like premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value:

The carrying value of cash and cash equivalents and interest-bearing deposits in banks approximate their fair value.

The fair value for investment securities is determined from quoted market prices when available. If a quoted market price is not available, fair value is estimated using first party pricing services or quoted market prices of securities with similar characteristics.

The carrying value of mortgage loans held for sale approximates their fair value.

The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturity.

The cash surrender value of bank-owned life insurance (“BOLI”) approximates its fair value.

The fair value of customer deposits, excluding certificates of deposit, is the amount payable on demand. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities.

26

The fair value of short-term FHLB advances is the amount payable at maturity. The fair value of long-term FHLB advances is estimated by discounting the future cash flows using the rates currently offered for advances of similar maturities.

The following table presents estimated fair values of the Company’s financial instruments as of the dates indicated.

			Fair Value Measurements at September 30, 2018
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	61,724	$	61,724	$	61,724	$	—	$	—
Interest-bearing deposits in banks		1,184		1,184		1,184		—		—
Investment securities available for sale		258,948		258,948		—		258,948		—
Investment securities held to maturity		10,942		10,868		—		10,868		—
Mortgage loans held for sale		3,470		3,470		—		3,470		—
Loans, net		1,617,276		1,590,380		—		1,581,938		8,442
Cash surrender value of BOLI		29,394		29,394		29,394		—		—
Financial Liabilities
Deposits	$	1,771,312	$	1,766,441	$	—	$	1,766,441	$	—
Short-term FHLB advances		41		41		41		—		—
Long-term FHLB advances		59,536		57,879		—		57,879		—
			Fair Value Measurements at December 31, 2017
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	150,418	$	150,418	$	150,418	$	—	$	—
Interest-bearing deposits in banks		2,421		2,421		2,421		—		—
Investment securities available for sale		234,993		234,993		—		234,993		—
Investment securities held to maturity		13,034		13,055		—		13,055		—
Mortgage loans held for sale		5,873		5,873		—		5,873		—
Loans, net		1,642,988		1,642,634		—		1,641,148		1,486
Cash surrender value of BOLI		28,904		28,904		28,904		—		—
Financial Liabilities
Deposits	$	1,866,227	$	1,864,735	$	—	$	1,864,735	$	—
Short-term FHLB advances		3,642		3,642		3,642		—		—
Long-term FHLB advances		68,183		67,143		—		67,143		—

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The purpose of this discussion and analysis is to focus on significant changes in the financial condition of Home Bancorp, Inc. (the “Company”) and its wholly owned subsidiary, Home Bank, N. A. (the “Bank”), from

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December 31, 2017 through September 30, 2018 and on its results of operations for the three and nine months ended September 30, 2018 and September 30, 2017. This discussion and analysis is intended to highlight and supplement information presented elsewhere in this quarterly report on Form 10-Q, particularly the consolidated financial statements and related notes appearing in Item 1.

Forward-Looking Statements

To the extent that statements in this Form 10-Q relate to future plans, objectives, financial results or performance of the Company or Bank, these statements are deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, which are based on management’s current information, estimates and assumptions and the current economic environment, are generally identified by the use of words such as “plan”, “believe”, “expect”, “intend”, “anticipate”, “estimate”, “project” or similar expressions, or by future or conditional terms such as “will”, “would”, “should”, “could”, “may”, “likely”, “probably”, or “possibly”. The Company’s or the Bank’s actual strategies and results in future periods may differ materially from those currently expected due to various risks and uncertainties. Factors that may cause actual results to differ materially from these forward-looking statements include, but are not limited to, the risk factors described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the Securities Exchange Commission (“SEC”) for the year ended December 31, 2017. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

EXECUTIVE OVERVIEW

During the third quarter of 2018, the Company earned $8.3 million, an increase of $4.2 million, or 102.0%, compared to the third quarter of 2017. Diluted earnings per share for the third quarter of 2018 were $0.89, an increase of $0.33, or 58.9%, compared to the third quarter of 2017. The increase in earnings is primarily due to the acquisition of St. Martin Bancshares, Inc. (“SMB”). In addition, net income for the third quarter of 2017 included merger expenses related to the acquisition of SMB totaling $225,000, net of taxes. No merger-related expenses were recorded during the third quarter of 2018.

During the nine months ended September 30, 2018, the Company earned $23.5 million, an increase of $9.9 million, or 73.0%, compared to the nine months ended September 30, 2017. Diluted earnings per share for the nine months ended September 30, 2018 were $2.53, an increase of $0.65, or 34.6%, compared to the nine months ended September 30, 2017. The nine months ended September 30, 2018 and September 30, 2017 included merger expenses related to the acquisition of SMB totaling $1.6 million and $225,000, net of taxes, respectively.

Key components of the Company’s performance during the three and nine months ended September 30, 2018 include:

• Assets totaled $2.1 billion as of September 30, 2018, a decrease of $87.6 million, or 3.9%, from December 31, 2017.

• Loans as of September 30, 2018 were $1.6 billion, a decrease of $24.8 million, or 1.5%, from December 31, 2017.

• Investment securities totaled $269.9 million as of September 30, 2018, an increase of $21.9 million, or 8.8%, from December 31, 2017.

• Deposits totaled $1.8 billion as of September 30, 2018, a decrease of $94.9 million, or 5.1%, from December 31, 2017.

• Interest income increased $8.4 million, or 47.8%, in the third quarter of 2018 compared to the third quarter of 2017. For the nine months ended September 30, 2018, interest income increased $24.0 million, or 45.7%, compared to the nine months ended September 30, 2017. The increases in 2018 were driven primarily by the addition of the interest-earning assets acquired from SMB.

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• Interest expense increased $890,000, or 52.0%, in the third quarter of 2018 compared to the third quarter of 2017. For the nine months ended September 30, 2018, interest expense increased $2.5 million, or 53.2%, compared to the nine months ended September 30, 2017. The increases in 2018 were driven primarily by the addition of the interest-bearing liabilities acquired from SMB.

• The provision for loan losses totaled $786,000 for the third quarter of 2018, an increase of $126,000, or 19.1%, compared to the third quarter of 2017. For the nine months ended September 30, 2018, the Company recorded a provision for loan losses of $2.3 million, a $1.2 million, or 108.7%, increase from the provision recorded for the same period in 2017. The Company recorded net loan charge-offs for the third quarter of 2018 of $15,000 and net loan charge-offs for the nine months ended September 30, 2018 of $1.4 million. The Company recorded net loan charge-offs for the third quarter of 2017 of $246,000 and net loan charge-offs for the nine months ended September 30, 2017 of $204,000.

• Noninterest income for the third quarter of 2018 increased $1.0 million, or 45.7%, compared to the third quarter of 2017. For the nine months ended September 30, 2018, noninterest income increased $2.9 million, or 39.6%, compared to the nine months ended September 30, 2017. The increase for the comparative quarters resulted primarily from additional service fees and charges, bank card fees, and other income due to the SMB acquisition. The increase in the nine-month comparative periods resulted primarily from additional service fees and charges and bank card fees due to the SMB acquisition, which were partially offset by decreases in gains on the sale of mortgage loans.

• Noninterest expense for the third quarter of 2018 increased $4.4 million, or 38.4%, compared to the third quarter of 2017. Noninterest expense for the nine months ended September 30, 2018 increased $14.2 million, or 42.4%, compared to the nine months ended September 30, 2017. Noninterest expense includes merger-related expenses, which totaled $2.0 million (pre-tax) for the nine months ended September 30, 2018 and $247,000 (pre-tax) for the three and nine months ended September 30, 2017. The increases in noninterest expense related primarily to the growth of the Company’s employee base, higher occupancy and data processing costs due to the SMB acquisition.

FINANCIAL CONDITION

Loans, Asset Quality and Allowance for Loan Losses

Loans – Loans outstanding as of September 30, 2018 were $1.6 billion, a decrease of $24.8 million from December 31, 2017. Growth in originated loans of 10.6% (14.2% annualized) during the first nine months of 2018 was offset by reductions in Acquired Loan balances. Organic loan growth resulted primarily from increases in the Company’s commercial real estate loan portfolio.

The following table summarizes the composition of the Company’s loan portfolio as of the dates indicated.

	September 30,		December 31,		Increase/(Decrease)
(dollars in thousands)	2018		2017		Amount			Percent
Real estate loans:
One- to four-family first mortgage	$	456,797	$	477,211	$	(20,414	)		(4.3	)%
Home equity loans and lines		86,405		94,445		(8,040	)		(8.5	)
Commercial real estate		629,297		611,358		17,939			2.9
Construction and land		174,573		177,263		(2,690	)		(1.5	)
Multi-family residential		56,153		50,978		5,175			10.2
Total real estate loans		1,403,225		1,411,255		(8,030	)		(0.6	)
Other loans:
Commercial and industrial		173,938		185,284		(11,346	)		(6.1	)
Consumer		55,856		61,256		(5,400	)		(8.8	)
Total other loans		229,794		246,540		(16,746	)		(6.8	)
Total loans	$	1,633,019	$	1,657,795	$	(24,776	)		(1.5	)%

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Asset Quality – One of management’s key objectives has been, and continues to be, maintaining a high level of asset quality. In addition to maintaining credit standards for new loan originations, we proactively monitor loans and collection and workout processes of delinquent or problem loans. When a borrower fails to make a scheduled payment, we attempt to cure the deficiency by making personal contact with the borrower. Initial contacts are generally made within 10 days after the date payment is due. In most cases, deficiencies are promptly resolved. If the delinquency continues, late charges are assessed and additional efforts are made to collect the deficiency. All loans which are designated as “special mention,” classified or which are delinquent 90 days or more are reported to the Board of Directors of the Bank monthly. For loans where the collection of principal or interest payments is doubtful, the accrual of interest income ceases. It is our policy, with certain limited exceptions, to discontinue accruing interest and reverse any interest accrued on any loan which is 90 days or more past due. On occasion, this action may be taken earlier if the financial condition of the borrower raises significant concern with regard to their ability to service the debt in accordance with the terms of the loan agreement. Interest income is not accrued on these loans until the borrower’s financial condition and payment record demonstrate an ability to service the debt.

Repossessed assets, which are acquired as a result of foreclosure, are classified as repossessed assets until sold. Third party property valuations are obtained at the time the asset is repossessed and periodically until the property is liquidated. Repossessed assets are initially recorded at fair value less estimated costs to sell. Costs associated with acquiring and improving a foreclosed property are usually capitalized to the extent that the carrying value does not exceed fair value less estimated selling costs. Holding costs are charged to expense. Gains and losses on the sale of repossessed assets are charged to operations, as incurred.

An impaired loan generally is one for which it is probable, based on current information, that the lender will not collect all the amounts due under the contractual terms of the loan. Large groups of smaller balance, homogeneous loans are collectively evaluated for impairment. Loans collectively evaluated for impairment include smaller balance commercial loans, residential real estate loans and consumer loans. These loans are evaluated as a group because they have similar characteristics and performance experience. Larger (i.e., loans with balances of $250,000 or greater) commercial real estate loans, multi-family residential loans, construction and land loans and commercial and industrial loans are individually evaluated for impairment. Third party property valuations are obtained at the time of origination for real estate secured loans. When a determination is made that a loan has deteriorated to the point of becoming a problem loan, updated valuations may be ordered to help determine if there is impairment, which may lead to a recommendation for partial charge off or appropriate allowance allocation. Property valuations are ordered through, and are reviewed by, an appraisal officer at the bank. The Company typically orders an “as is” valuation for collateral property if a loan is in a criticized loan classification. The Board of Directors is provided with monthly reports on impaired loans. As of September 30, 2018 and December 31, 2017, loans individually evaluated with impairment, excluding Acquired Loans, amounted to $9.8 million and $3.5 million, respectively. As of September 30, 2018 and December 31, 2017, acquired impaired loans (loans considered to have deteriorated credit quality at the time of acquisition) amounted to $11.0 million and $14.2 million, respectively. As of September 30, 2018 and December 31, 2017, substandard loans, excluding Acquired Loans, amounted to $19.8 million and $27.0 million, respectively. The amount of the allowance for loan losses allocated to substandard loans originated by Home Bank totaled $1.4 million as of September 30, 2018 and $2.0 million as of December 31, 2017. The amount of the allowance for loan losses allocated to Acquired Loans totaled $1.4 million and $504,000, respectively, at such dates. There were no assets classified as doubtful or loss as of September 30, 2018 or December 31, 2017.

Federal regulations and our policies require that we utilize an internal asset classification system as a means of reporting problem and potential problem assets. We have incorporated an internal asset classification system, substantially consistent with Federal banking regulations, as a part of our credit monitoring system. Federal banking regulations set forth a classification scheme for problem and potential problem assets as “substandard,” “doubtful” or “loss” assets. An asset is considered “substandard” if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. “Substandard” assets include those characterized by the “distinct possibility” that the insured institution will sustain “some loss” if the deficiencies are not corrected. Assets classified as “doubtful” have all of the weaknesses inherent in those classified

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“substandard” with the added characteristic that the weaknesses present make “collection or liquidation in full,” on the basis of currently existing facts, conditions and values, “highly questionable and improbable.” Assets classified as “loss” are those considered “uncollectible” and of such little value that their continuance as assets without the establishment of a specific loss reserve is not warranted.

A bank’s determination as to the classification of its assets and the amount of its valuation allowances is subject to review by Federal bank regulators which can order the establishment of additional general or specific loss allowances. The Federal banking agencies have adopted an interagency policy statement on the allowance for loan and lease losses. The policy statement provides guidance for financial institutions on both the responsibilities of management for the assessment and establishment of allowances and guidance for banking agency examiners to use in determining the adequacy of general valuation guidelines. Generally, the policy statement recommends that institutions have effective systems and controls to identify, monitor and address asset quality problems; that management analyze all significant factors that affect the collectability of the portfolio in a reasonable manner; and that management establish acceptable allowance evaluation processes that meet the objectives set forth in the policy statement. Our management believes that, based on information currently available, our allowance for loan losses is maintained at a level which covers all known and inherent losses that are both probable and reasonably estimable as of each reporting date. However, actual losses are dependent upon future events and, as such, further additions to the level of allowance for loan losses may become necessary.

Real estate, or other collateral, which is acquired as a result of foreclosure is classified as a foreclosed asset until sold. Foreclosed assets are recorded at the lesser of the balance of the loan or fair value less estimated selling costs, at the date acquired or upon receiving new property valuations. Holding costs are charged to expense. Gains and losses on the sale of real estate owned are charged to operations, as incurred.

The following table sets forth the composition of the Company’s nonperforming assets (“NPAs”) and performing troubled debt restructurings as of the dates indicated.

	September 30, 2018							December 31, 2017
(dollars in thousands)	Originated		Acquired(1)		Total			Originated		Acquired(1)		Total
Nonaccrual loans(2):
Real estate loans:
One- to four-family first mortgage	$	2,637	$	2,753	$	5,390		$	2,006	$	1,167	$	3,173
Home equity loans and lines		1,339		144		1,483			1,434		108		1,542
Commercial real estate		7,374		729		8,103			8,662		95		8,757
Construction and land		3		345		348			200		249		449
Multi-family residential		—		—		—			—		—		—
Other loans:
Commercial and industrial		4,281		873		5,154			9,678		932		10,610
Consumer		171		226		397			399		103		502
Total nonaccrual loans		15,805		5,070		20,875			22,379		2,654		25,033
Accruing loans 90 days or more past due		—		—		—			—		—		—
Total nonperforming loans		15,805		5,070		20,875			22,379		2,654		25,033
Foreclosed assets		86		485		571			144		584		728
Total nonperforming assets		15,891		5,555		21,446			22,523		3,238		25,761
Performing troubled debt restructurings		1,338		288		1,626			1,516		1,020		2,536
Total nonperforming assets and troubled debt restructurings	$	17,229	$	5,843	$	23,072		$	24,039	$	4,258	$	28,297
Nonperforming loans to total loans						1.28	%						1.51	%
Nonperforming loans to total assets						0.98	%						1.12	%
Nonperforming assets to total assets						1.00	%						1.16	%

⁽¹⁾  Table excludes Acquired Loans, which were being accounted for under ASC 310-30 because they continue to earn interest from accretable yield regardless of their status as past due or otherwise not in compliance with their contractual terms. Acquired Loans with deteriorated credit quality, which were being accounted for under ASC 310-30 and which were 90 days or more past due, totaled $2.5 million and $4.3 million as of September 30, 2018 and December 31, 2017, respectively.

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⁽²⁾  Nonaccrual loans include originated restructured loans placed on nonaccrual totaling $9.0 million and $7.5 million at September 30, 2018 and December 31, 2017, respectively. Acquired restructured loans placed on nonaccrual totaled $868,000 and $353,000 at September 30, 2018 and December 31, 2017, respectively.

The Company recorded net loan charge-offs for the third quarter of 2018 of $15,000 and net loan charge-offs for the nine months ended September 30, 2018 of $1.4 million. The Company recorded net loan charge-offs for the third quarter of 2017 of $246,000 and net loan charge-offs for the nine months ended September 30, 2017 of $204,000.

Allowance for Loan Losses – The allowance for loan losses is established through provisions for loan losses. The Company maintains the allowance at a level believed, to the best of management’s knowledge, to cover all known and inherent losses in the portfolio that are both probable and reasonable to estimate at each reporting date. Management reviews the allowance for loan losses at least quarterly in order to identify those inherent losses and to assess the overall collection probability for the loan portfolio. The evaluation process includes, among other things, an analysis of delinquency trends, nonperforming loan trends, the level of charge-offs and recoveries, prior loss experience, total loans outstanding, the volume of loan originations, the type, size and geographic concentration of loans, the value of collateral securing loans, the borrower’s ability to repay and repayment performance, the number of loans requiring heightened management oversight, economic conditions and industry experience. Based on this evaluation, management assigns risk ratings to segments of the loan portfolio. Such risk ratings are periodically reviewed by management and revised as deemed appropriate. These efforts are supplemented by reviews and validations performed by independent loan reviewers. The results of the reviews are reported to the Audit Committee of the Board of Directors. The establishment of the allowance for loan losses is significantly affected by management judgment. There is likelihood that different amounts would be reported under different conditions or assumptions. Federal regulatory agencies, as an integral part of their examination process, periodically review our allowance for loan losses. Such agencies may require management to make additional provisions for estimated loan losses based upon judgments different from those of management.

With respect to Acquired Loans, the Company follows the reserve standard set forth in ASC 310, Receivables. At acquisition, the Company reviews each loan to determine whether there is evidence of deterioration in credit quality since origination and if it is probable that the Company will be unable to collect all amounts due according to the loan’s contractual terms. The Company considers expected prepayments and estimates the amount and timing of undiscounted expected principal, interest and other cash flows for each loan pool meeting the criteria above, and determines the excess of the loan pool’s scheduled contractual principal and interest payments in excess of cash flows expected at acquisition as an amount that should not be accreted (nonaccretable difference). The remaining amount, representing the excess of the pool’s cash flows expected to be collected over the fair value, is accreted into interest income over the remaining life of the pool (accretable yield). The Company records a discount on these loans at acquisition to record them at their estimated fair values. As a result, Acquired Loans subject to ASC 310 are excluded from the calculation of the allowance for loan losses as of the acquisition date. See Note 5 to the Unaudited Consolidated Financial Statements for additional information concerning our allowance for Acquired Loans.

Acquired Loans were recorded at their acquisition date fair value, which was based on expected cash flows and included an estimation of expected future loan losses. If the present value of expected cash flows for a pool is less than its carrying value, an impairment is recognized by an increase in the allowance for loan losses and a charge to the provision for loan losses. As of September 30, 2018 and December 31, 2017, $1.4 million and $504,000, respectively, of our allowance for loan losses was allocated to Acquired Loans.

We will continue to monitor and modify our allowance for loan losses as conditions warrant. No assurance can be given that our level of allowance for loan losses will cover all of the inherent losses on our loans or that future adjustments to the allowance for loan losses will not be necessary if economic and other conditions differ substantially from the conditions used by management to determine the current level of the allowance for loan losses.

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The following table presents the activity in the allowance for loan losses during the first nine months of 2018.

(dollars in thousands)	Originated			Acquired		Total
Balance, December 31, 2017	$	14,303		$	504	$	14,807
Provision charged to operations		1,484			847		2,331
Loans charged off		(1,564	)		—		(1,564	)
Recoveries on charged off loans		169			—		169
Balance, September 30, 2018	$	14,392		$	1,351	$	15,743

At September 30, 2018, the Company’s ratio of the allowance for loan losses to total loans was 0.96%, compared to 0.89% and 1.09% at December 31, 2017 and September 30, 2017, respectively. Excluding Acquired Loans, the ratio of the allowance for loan losses to total loans was 1.38% at September 30, 2018, compared to 1.52% and 1.40% at December 31, 2017 and September 30, 2017, respectively.

The allowance for loan losses attributable to originated direct energy-related loans totaled 2.50% of the outstanding balance of originated energy-related loans at September 30, 2018, compared to 2.49% and 3.13% at December 31, 2017 and September 30, 2017, respectively.

Investment Securities

The Company’s investment securities portfolio totaled $269.9 million as of September 30, 2018, an increase of $21.9 million, or 8.8%, from December 31, 2017. As of September 30, 2018, the Company had a net unrealized loss on its available for sale investment securities portfolio of $5.8 million, compared to a net unrealized loss of $1.5 million as of December 31, 2017.    

The following table summarizes activity in the Company’s investment securities portfolio during the first nine months of 2018.

(dollars in thousands)	Available for Sale			Held to Maturity
Balance, December 31, 2017	$	234,993		$	13,034
Purchases		67,539			—
Sales		—			—
Principal maturities, prepayments and calls		(38,016	)		(1,855	)
Amortization of premiums and accretion of discounts		(1,279	)		(237	)
Decrease in market value		(4,289	)		—
Balance, September 30, 2018	$	258,948		$	10,942

Funding Sources

Deposits – Deposits totaled $1.8 billion as of September 30, 2018, a decrease of $94.9 million, or 5.1%, compared to December 31, 2017. Core deposits (i.e. checking, savings and money market accounts) totaled $1.4 billion as of September 30, 2018, a decrease of $54.7 million, or 3.7%, compared to December 31, 2017. Certificates of deposit totaled $348.9 million as of September 30, 2018, a decrease of $40.2 million, or 10.3%, compared to December 31, 2017. To reverse the trend in deposit outflows, management has begun to raise interest rates on deposit accounts and is currently offering several special rates to attract new deposits.

The following table sets forth the composition of the Company’s deposits at the dates indicated.

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	September 30,		December 31,		Increase/(Decrease)
(dollars in thousands)	2018		2017		Amount			Percent
Demand deposit	$	447,422	$	461,999	$	(14,577	)		(3.2	)%
Savings		207,379		217,639		(10,260	)		(4.7	)
Money market		293,313		306,509		(13,196	)		(4.3	)
NOW		474,250		490,924		(16,674	)		(3.4	)
Certificates of deposit		348,948		389,156		(40,208	)		(10.3	)
Total deposits	$	1,771,312	$	1,866,227	$	(94,915	)		(5.1	)%

Federal Home Loan Bank Advances – Short-term FHLB advances totaled $41,000 as of September 30, 2018, a decrease of $3.6 million, or 98.9%, compared to $3.6 million as of December 31, 2017. Long-term FHLB advances totaled $59.5 million as of September 30, 2018, a decrease of $8.6 million, or 12.7%, compared to $68.2 million as of December 31, 2017. The decreases in FHLB advances are primarily due to pay-downs on maturing obligations.

Shareholders’ Equity – Shareholders’ equity increased $17.8 million, or 6.4%, from $277.9 million as of December 31, 2017 to $295.7 million as of September 30, 2018, primarily due to earnings during the period.

As of September 30, 2018, the Bank had regulatory capital amounts that were well in excess of regulatory requirements. The following table presents actual and required capital ratios for the Bank under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of September 30, 2018 based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019 when the Basel III Capital Rules have been fully phased-in. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.

	Actual					Minimum Capital Required – Basel III Phase-In Schedule					Minimum Capital Required – Basel III Fully Phased-In					To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
Bank:
Common equity Tier 1 capital (to risk-weighted assets)	$	221,952		13.91	%	$	101,713		6.375	%	$	111,685		7.00	%	$	103,707		6.50	%
Tier 1 risk-based capital		221,952		13.91			125,645		7.875			135,617		8.50			127,640		8.00
Total risk-based capital		237,695		14.90			157,555		9.875			167,527		10.50			159,550		10.00
Tier 1 leverage capital		221,952		10.73			82,725		4.00			82,725		4.00			103,406		5.00

LIQUIDITY AND ASSET/LIABILITY MANAGEMENT

Liquidity Management

Liquidity management encompasses our ability to ensure that funds are available to meet the cash flow requirements of depositors and borrowers, while also ensuring adequate cash flow exists to meet the Company’s needs, including operating, strategic and capital. The Company develops its liquidity management strategies as part of its overall asset/liability management process. Our primary sources of funds are from deposits, amortization of loans, loan prepayments and the maturity of loans, investment securities and other investments, and other funds provided from operations. While scheduled payments from the amortization of loans and investment securities and maturing investment securities are relatively predictable sources of funds, deposit flows and loan prepayments can be greatly influenced by general interest rates, economic conditions and competition. The Company also maintains excess funds in short-term, interest-bearing assets that provide additional liquidity. As of September 30, 2018, cash and cash equivalents totaled $61.7 million. At such date, investment securities available for sale totaled $258.9 million.

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The Company uses its liquidity to fund existing and future loan commitments, to fund maturing certificates of deposit and demand deposit withdrawals, to invest in other interest-earning assets, and to meet operating expenses. As of September 30, 2018, certificates of deposit maturing within the next 12 months totaled $207.5 million. Based upon historical experience, the Company anticipates that a significant portion of the maturing certificates of deposit will be redeposited with us. For the three months ended September 30, 2018, the average balance of outstanding FHLB advances was $64.2 million. As of September 30, 2018, the Company had $59.6 million in total outstanding FHLB advances and had $730.9 million in additional FHLB advances available.

In addition to cash flow from loan and securities payments and prepayments as well as from sales of securities available for sale, the Company has significant borrowing capacity available to fund liquidity needs. In recent years, the Company has utilized borrowings as a cost efficient addition to deposits as a source of funds. Borrowings consist of advances from the FHLB of Dallas, of which the Company is a member. Under terms of the collateral agreement with the FHLB, the Company pledges residential mortgage loans and investment securities as well as the Company’s stock in the FHLB as collateral for such advances.

Asset/Liability Management

The objective of asset/liability management is to implement strategies for the funding and deployment of the Company’s financial resources that are expected to maximize soundness and profitability over time at acceptable levels of risk. Interest rate sensitivity is the potential impact of changing rate environments on both net interest income and cash flows. The Company measures its interest rate sensitivity over the near term primarily by running net interest income simulations. Our interest rate sensitivity also is monitored by management through the use of a model which generates estimates of the change in its net interest income over a range of interest rate scenarios. Based on the Company’s interest rate risk model, the table below sets forth the results of immediate and sustained changes in interest rates as of September 30, 2018.

Shift in Interest Rates (in bps)	% Change in Projected Net Interest Income
+300	0.0%
+200	0.1
+100	0.2

The actual impact of changes in interest rates will depend on many factors. These factors include the Company’s ability to achieve expected growth in earning assets and maintain a desired mix of earning assets and interest-bearing liabilities, the actual timing of asset and liability repricing, the magnitude of interest rate changes and corresponding movement in interest rate spreads, and the level of success of asset/liability management strategies.

Off-Balance Sheet Activities

To meet the financing needs of its customers, the Bank issues financial instruments which represent conditional obligations that are not recognized, wholly or in part, in the statements of financial condition. These financial instruments include commitments to extend credit and standby letters of credit. Such instruments expose the Company to varying degrees of credit and interest rate risk in much the same way as funded loans. The same credit

policies are used in these commitments as for on-balance sheet instruments. The Company’s exposure to credit losses from these financial instruments is represented by their contractual amounts.

The following table summarizes our outstanding commitments to originate loans and to advance additional amounts pursuant to outstanding letters of credit, lines of credit and undisbursed construction loans as of September 30, 2018 and December 31, 2017.

35

	Contract Amount
	September 30,		December 31,
(dollars in thousands)	2018		2017
Standby letters of credit	$	3,582	$	6,620
Available portion of lines of credit		168,223		203,367
Undisbursed portion of loans in process		109,338		78,578
Commitments to originate loans		137,510		96,183

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 are expected to be drawn upon, the total commitment amounts generally represent future cash requirements.

Unfunded commitments under commercial lines of credit, revolving credit lines and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit usually do not contain a specified maturity date and may not be drawn upon to the total extent to which the Company is committed.

The Company is subject to certain claims and litigation arising in the ordinary course of business. In the opinion of management, after consultation with legal counsel, the ultimate disposition of these matters is not expected to have a material effect on the financial condition or results of operations of the Company.

RESULTS OF OPERATIONS

During the third quarter of 2018, the Company earned $8.3 million, an increase of $4.2 million, or 102.0%, compared to the third quarter of 2017. Diluted earnings per share for the third quarter of 2018 were $0.89, an increase of $0.33, or 58.9%, compared to the third quarter of 2017. The increase in earnings is primarily due to the acquisition of SMB. In addition, net income for the third quarter of 2017 included merger expenses related to the acquisition of SMB totaling $225,000, net of taxes. No merger-related expenses were recorded during the third quarter of 2018.    

During the nine months ended September 30, 2018, the Company earned $23.5 million, an increase of $9.9 million, or 73.0%, compared to the nine months ended September 30, 2017. Diluted earnings per share for the nine months ended September 30, 2018 were $2.53, an increase of $0.65, or 34.6%, compared to the nine months ended September 30, 2017. The nine months ended September 30, 2018 and September 30, 2017 include merger expenses related to the acquisition of SMB totaling $1.6 million, net of taxes, and $225,000, net of taxes, respectively. The nine months ended September 30, 2017 also includes a net loss totaling $45,000, net of taxes, resulting from a write down on a banking center in the second quarter of 2017 and a gain on the sale of a banking center in the first quarter of 2017.

Net Interest Income – Net interest income is the difference between the interest income earned on interest-earning assets, such as loans and investment securities, and the interest expense paid on interest-bearing liabilities, such as deposits and borrowings. The Company’s net interest income is largely determined by our net interest spread, which is the difference between the average yield earned on interest-earning assets and the average rate paid on interest-bearing liabilities, and the relative amounts of interest-earning assets and interest-bearing liabilities. The Company’s tax-equivalent net interest spread was 4.53% and 4.13% for the three months ended September 30, 2018 and September 30, 2017, respectively, and 4.46% and 4.20% for the nine months ended September 30, 2018 and September 30, 2017, respectively. The Company’s tax-equivalent net interest margin, which is net interest income as a percentage of average interest-earning assets, was 4.74% and 4.29% for the three months ended September 30, 2018 and September 30, 2017, respectively, and was 4.64% and 4.35% for the nine months ended September 30, 2018 and September 30, 2017, respectively.

Net interest income totaled $23.5 million for the three months ended September 30, 2018, an increase of $7.6 million, or 47.3%, compared to the three months ended September 30, 2017. For the nine months ended September 30, 2018, net interest income totaled $69.4 million, an increase of $21.5 million, or 45.0%, compared to the nine months ended September 30, 2017. The addition of SMB’s interest-earning assets accounted for the vast majority of the increase in both the three and nine-month periods ended September 30, 2018 over the prior comparable periods.

36

The following tables set forth, for the periods indicated, information regarding (i) the total dollar amount of interest income of the Company from interest-earning assets and the resultant average yields; (ii) the total dollar amount of interest expense on interest-bearing liabilities and the resultant average rate; (iii) net interest income; (iv) net interest spread; and (v) net interest margin. Information is based on average monthly balances during the indicated periods. Taxable equivalent (“TE”) yields are calculated using a marginal tax rate of 21% for 2018 and 35% for 2017.

	Three Months Ended September 30,
	2018							2017
					Average							Average
	Average				Yield/			Average				Yield/
(dollars in thousands)	Balance		Interest		Rate (1)			Balance		Interest		Rate(1)
Interest-earning assets:
Loans receivable(1)
Originated loans	$	961,917	$	14,365		5.87	%	$	917,056	$	11,756		5.04	%
Acquired loans		669,922		9,753		5.74			298,929		4,580		6.05
Total loans receivable(1)		1,631,839		24,118		5.82			1,215,985		16,336		5.29
Investment securities
Taxable		245,156		1,516		2.47			182,411		983		2.16
Tax-exempt (TE)		33,197		178		2.71			30,406		152		3.07
Total investment securities		278,353		1,694		2.50			212,817		1,135		2.29
Other interest-earning assets		47,759		297		2.47			44,941		194		1.72
Total interest-earning assets (TE)		1,957,951		26,109		5.27			1,473,743		17,665		4.75
Noninterest-earning assets		179,471							99,925
Total assets	$	2,137,422						$	1,573,668	$
Interest-bearing liabilities:
Deposits:
Savings, checking and money market	$	979,919	$	1,379		0.56	%	$	726,995	$	682		0.37	%
Certificates of deposit		350,308		933		1.06			297,168		714		0.95
Total interest-bearing deposits		1,330,227		2,312		0.69			1,024,163		1,396		0.54
Short-term FHLB advances		1,423		6		1.78			—		—		—
Long term FHLB advances		62,786		281		1.79			66,630		313		1.88
Total interest-bearing liabilities		1,394,436		2,599		0.74			1,090,793		1,709		0.62
Noninterest-bearing liabilities		449,619							291,267
Total liabilities		1,844,055							1,382,060
Shareholders’ equity		293,367							191,608
Total liabilities and shareholders’ equity	$	2,137,422						$	1,573,668
Net interest-earning assets	$	563,515						$	382,950
Net interest spread (TE)			$	23,510		4.53	%			$	15,956		4.13	%
Net interest margin (TE)						4.74	%						4.29	%

37

	Nine Months Ended September 30,
	2018							2017
					Average							Average
	Average				Yield/			Average				Yield/
(dollars in thousands)	Balance		Interest		Rate (1)			Balance		Interest		Rate(1)
Interest-earning assets:
Loans receivable(1)
Originated loans	$	937,268	$	39,707		5.61	%	$	909,068	$	34,580		5.04	%
Acquired loans		700,559		30,742		5.82			313,838		14,167		5.99
Total loans receivable(1)		1,637,827		70,449		5.70			1,222,906		48,747		5.28
Investment securities
Taxable		238,694		4,355		2.43			174,936		2,807		2.14
Tax-exempt (TE)		34,766		543		2.64			31,347		471		3.08
Total investment securities		273,460		4,898		2.46			206,283		3,278		2.28
Other interest-earning assets		71,963		1,063		1.97			34,206		403		1.57
Total interest-earning assets (TE)		1,983,250		76,410		5.12			1,463,395		52,428		4.77
Noninterest-earning assets		185,501							102,392
Total assets	$	2,168,751						$	1,565,787	$
Interest-bearing liabilities:
Deposits:
Savings, checking and money market	$	994,336	$	3,421		0.46	%	$	702,565	$	1,582		0.30	%
Certificates of deposit		360,194		2,720		1.01			288,037		1,956		0.91
Total interest-bearing deposits		1,354,530		6,141		0.61			990,602		3,538		0.48
Short-term FHLB advances		2,868		39		1.81			18,166		95		0.69
Long term FHLB advances		65,666		877		1.78			71,754		972		1.81
Total interest-bearing liabilities		1,423,064		7,057		0.66			1,080,522		4,605		0.57
Noninterest-bearing liabilities		458,411							297,896
Total liabilities		1,881,475							1,378,418
Shareholders’ equity		287,276							187,369
Total liabilities and shareholders’ equity	$	2,168,751						$	1,565,787
Net interest-earning assets	$	560,186						$	382,873
Net interest spread (TE)			$	69,353		4.46	%			$	47,823		4.20	%
Net interest margin (TE)						4.64	%						4.35	%

⁽¹⁾  Nonperforming loans are included in the respective average loan balances, net of deferred fees, discounts and loans in process. Acquired Loans were recorded at fair value upon acquisition and accrete interest income over the remaining lives of the respective loans.

The following table displays the dollar amount of changes in interest income and interest expense for major components of interest-earning assets and interest-bearing liabilities. The table distinguishes between (i) changes attributable to volume (changes in average volume between periods times prior year rate), (ii) changes attributable to rate (changes in average rate between periods times prior year volume) and (iii) total increase (decrease).

38

	For the Three Months Ended									For the Nine Months Ended
	September 30,									September 30,
	2018 Compared to 2017									2018 Compared to 2017
	Change Attributable To									Change Attributable To
							Total								Total
							Increase								Increase
(dollars in thousands)	Rate			Volume			(Decrease)			Rate		Volume			(Decrease)
Interest income:
Loans receivable	$	1,877		$	5,905		$	7,782		$	4,509	$	17,193		$	21,702
Investment securities		158			401			559			399		1,221			1,620
Other interest-earning assets		88			15			103			159		501			660
Total interest income		2,123			6,321			8,444			5,067		18,915			23,982
Interest expense:
Savings, checking and money market accounts		440			257			697			1,073		766			1,839
Certificates of deposit		84			135			219			247		517			764
FHLB advances		(11	)		(15	)		(26	)		76		(227	)		(151	)
Total interest expense		513			377			890			1,396		1,056			2,452
Increase (decrease) in net interest income	$	1,610		$	5,944		$	7,554		$	3,671	$	17,859		$	21,530

Provision for Loan Losses – For the quarter ended September 30, 2018, the Company recorded a provision for loan losses of $786,000, which was 19.1% higher than the $660,000 recorded for the same period in 2017. For the nine months ended September 30, 2018, the provision for loan losses totaled $2.3 million, which was 108.7% higher than the $1.1 million recorded for the same period in 2017. The increase in provision for the nine-month period ended September 30, 2018 over the comparable period in the prior year resulted primarily due to growth in the organic loan portfolio and a $1.2 million increase in net loan charge-offs during the 2018 period, which was primarily driven by two commercial and industrial loan relationships.

The Company recorded net loan charge-offs of $15,000 during the third quarter of 2018, compared to $246,000 of net loan charge-offs in the third quarter of 2017. The Company recorded net loan charge-offs of $1.4 million during the nine months ended September 30, 2018 and net loan charge-offs of $204,000 for the nine months ended September 30, 2017. The increase in net loan charge-offs for the nine months ended September 30, 2018 resulted primarily from two loan relationships identified as problem credits in prior periods.

As of September 30, 2018, the Company’s ratio of allowance for loan losses to total loans was 0.96%, compared to 0.89% and 1.09% at December 31, 2017 and September 30, 2017, respectively. Excluding Acquired Loans, the ratio of the allowance for loan losses to total loans was 1.38% at September 30, 2018, compared to 1.52% and 1.40% at December 31, 2017 and September 30, 2017, respectively. The ratio of nonperforming loans to total assets was 0.98% at September 30, 2018, compared to 1.12% at both December 31, 2017 and September 30, 2017.

Noninterest Income – The Company’s noninterest income was $3.3 million for the quarter ended September 30, 2018, $1.0 million, or 45.7%, higher than the $2.3 million earned for the same period in 2017. The increase for the comparative quarters resulted primarily from additional service fees and charges and bank card fees due to the SMB acquisition (up $582,000 and $392,000, respectively) and an increase of $151,000 in other income, driven primarily by recoveries on the Company’s acquired loan portfolio.

Noninterest income was $10.2 million for the nine months ended September 30, 2018, $2.9 million, or 39.6%, higher than the $7.3 million earned for the same period of 2017. The nine months ended September 30, 2017

39

included a net loss of $69,000 resulting from a $449,000 (pre-tax) write down on a closed banking center in Vicksburg, Mississippi and a $380,000 (pre-tax) gain on the sale of a banking center. The increase for the comparative nine-month periods resulted primarily from additional service fees and charges and bank card fees due primarily to the SMB acquisition (up $1.8 million and $1.2 million, respectively), which were partially offset by decreases in gains on the sale of mortgage loans (down $305,000).

Noninterest Expense – The Company’s noninterest expense was $15.7 million for the three months ended September 30, 2018, $4.4 million, or 38.4%, higher than the $11.3 million recorded for the same period in 2017. The increase in noninterest expense is related primarily to the growth of the Company’s employee base, higher occupancy and data processing costs due to the SMB acquisition.

Noninterest expense was $47.6 million for the nine months ended September 30, 2018, $14.2 million, or 42.4%, higher than the $33.4 million for the same period of 2017. As described above, the increase is related primarily to the growth of the Company’s employee base, higher occupancy and data processing costs due to the SMB acquisition. Noninterest expense includes merger-related expenses totaling $2.0 million (pre-tax) for the nine months ended September 30, 2018. In comparison, noninterest expense for the nine months ended September 30, 2017 includes $247,000 (pre-tax) in merger related expenses.

Income Taxes – For the quarters ended September 30, 2018 and September 30, 2017, the Company incurred income tax expense of $2.1 million and $2.2 million, respectively. The Company’s effective tax rate was 20.3% and 34.5% during the third quarters of 2018 and 2017, respectively. For the nine months ended September 30, 2018 and September 30, 2017, the Company incurred income tax expense of $6.1 million and $7.0 million, respectively. The lower effective tax rate recorded in 2018 was the result of the Tax Cuts and Jobs Act of 2017 (the “Tax Act”). The Tax Act reduced the federal corporate statutory tax rate from 35% to 21%. Differences between the effective tax rate and the statutory tax rate primarily relate to variances in items that are non-taxable or non-deductible (e.g., state tax, tax-exempt income, merger-related expenses, etc.).

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Quantitative and qualitative disclosures about market risk are presented in the Company’s Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2017, under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Asset/Liability Management and Market Risk”. Additional information at September 30, 2018 is included herein under Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Asset/Liability Management”.

Item 4. Controls and Procedures.

Our management evaluated, with the participation of our Chief Executive Officer and Chief Financial Officer, the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934) as of the end of the period covered by this report. Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that our disclosure controls and procedures are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and regulations and are operating in an effective manner.

No change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15(d)-15(f) under the Securities Exchange Act of 1934) occurred during the third quarter of 2018 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings.

Not applicable.

40

Item 1A. Risk Factors.

There have been no material changes from the risk factors previously disclosed in the Company’s Annual Report on Form 10-K for December 31, 2017 filed with the Securities and Exchange Commission.

Item 2. Unregistered Sales of Equity Securities and the Use of Proceeds.

The Company’s purchases of its common stock made during the quarter consisted of stock repurchases under the Company’s approved plans and are set forth in the following table.

Period	Total Number of Shares Purchased		Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs		Maximum Number of Shares that May Yet be Purchased Under the Plan or Programs(1)
July 1 – July 31, 2018		—	$	—		—		365,892
August 1 – August 31, 2018		7,206		45.97		7,206		358,686
September 1 – September 30, 2018		—		—		—		358,686
Total		7,206	$	45.97		7,206		358,686

⁽¹⁾  On June 7, 2013, the Company announced the commencement of a stock repurchase program. Under the 2013 plan, the Company was able to repurchase 370,000 shares, or approximately 5% of its common stock outstanding, through open market or privately negotiated transactions. On April 26, 2016, the Company announced a new stock repurchase program. Under the 2016 plan, the Company can repurchase up to 365,000 shares, or approximately 5% of its common stock outstanding at the time of adoption, through open market or privately negotiated transactions.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

None.

Item 5. Other Information.

None.

Item 6. Exhibits and Financial Statement Schedules.

No.	Description
31.1	Rule 13(a)-14(a) Certification of the Chief Executive Officer
31.2	Rule 13(a)-14(a) Certification of the Chief Financial Officer
32.0	Section 1350 Certification
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definitions Linkbase Document

41

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		HOME BANCORP, INC.
November 7, 2018	By:	/s/ John W. Bordelon
		John W. Bordelon
		President, Chief Executive Officer and Director
November 7, 2018	By:	/s/ Joseph B. Zanco
		Joseph B. Zanco
		Executive Vice President and Chief Financial Officer
November 7, 2018	By:	/s/ Mary H. Hopkins
		Mary H. Hopkins
		Home Bank, N.A. First Vice President and Director of Financial Management

42

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

I, John W. Bordelon, certify that:

1.    I have reviewed this quarterly report on Form 10-Q of Home Bancorp, Inc. (the “registrant”);

2.    Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.    Based on my knowledge, the financial statements and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.    The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiary, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 7, 2018	/s/ John W. Bordelon
	John W. Bordelon
	President and Chief Executive Officer

EX-31.2

EXHIBIT 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Joseph B. Zanco certify that:

1.    I have reviewed this quarterly report on Form 10-Q of Home Bancorp, Inc. (the “registrant”);

2.    Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.    Based on my knowledge, the financial statements and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.    The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiary, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5.    The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 7, 2018	/s/ Joseph B. Zanco
	Joseph B. Zanco
	Executive Vice President and Chief Financial Officer

EX-32.0

EXHIBIT 32.0

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION

1350 AND SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Home Bancorp, Inc. (the “Company”) on Form 10-Q for the period ended September 30, 2018, each of the undersigned, John W. Bordelon, President and Chief Executive Officer of the Company, and Joseph B. Zanco, Executive Vice President and Chief Financial Officer of the Company, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the periods covered in the Report.

Date: November 7, 2018	By:	/s/ John W. Bordelon
		John W. Bordelon
		President and Chief Executive Officer
Date: November 7, 2018	By:	/s/ Joseph B. Zanco
		Joseph B. Zanco
		Executive Vice President and Chief Financial Officer

Note: A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act has been provided to Home Bancorp, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

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Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Trading Symbol	HBCP
Entity Registrant Name	HOME BANCORP, INC.
Entity Central Index Key	0001436425
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		9,480,140

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Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 61,724	$ 150,418
Interest-bearing deposits in banks	1,184	2,421
Investment securities available for sale, at fair value	258,948	234,993
Investment securities held to maturity (fair values of $10,868 and $13,055, respectively)	10,942	13,034
Mortgage loans held for sale	3,470	5,873
Loans, net of unearned income	1,633,019	1,657,795
Allowance for loan losses	(15,743)	(14,807)
Total loans, net of unearned income and allowance for loan losses	1,617,276	1,642,988
Office properties and equipment, net	45,758	45,605
Cash surrender value of bank-owned life insurance	29,394	28,904
Goodwill and core deposit intangibles	66,493	68,033
Accrued interest receivable and other assets	45,341	35,852
Total Assets	2,140,530	2,228,121
Deposits:
Noninterest-bearing	447,422	461,999
Interest-bearing	1,323,890	1,404,228
Total deposits	1,771,312	1,866,227
Short-term Federal Home Loan Bank advances	41	3,642
Long-term Federal Home Loan Bank advances	59,536	68,183
Accrued interest payable and other liabilities	13,953	12,198
Total Liabilities	1,844,842	1,950,250
Shareholders' Equity
Preferred stock, $0.01 par value - 10,000,000 shares authorized; none issued
Common stock, $0.01 par value - 40,000,000 shares authorized; 9,479,611 and 9,395,488 shares issued and outstanding, respectively	95	94
Additional paid-in capital	167,942	165,341
Unallocated common stock held by:
Employee Stock Ownership Plan (ESOP)	(3,571)	(3,838)
Recognition and Retention Plan (RRP)	(77)	(84)
Retained earnings	135,848	117,313
Accumulated other comprehensive loss	(4,549)	(955)
Total Shareholders' Equity	295,688	277,871
Total Liabilities and Shareholders' Equity	$ 2,140,530	$ 2,228,121

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Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Investment securities held to maturity, fair value	$ 10,868	$ 13,055
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	9,479,611	9,395,488
Common stock, shares outstanding	9,479,611	9,395,488

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Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest Income
Loans, including fees	$ 24,118	$ 16,336	$ 70,449	$ 48,747
Investment securities:
Taxable interest	1,516	983	4,355	2,807
Tax-exempt interest	178	152	543	471
Other investments and deposits	297	194	1,063	403
Total interest income	26,109	17,665	76,410	52,428
Interest Expense
Deposits	2,312	1,396	6,141	3,538
Short-term Federal Home Loan Bank advances	6		39	95
Long-term Federal Home Loan Bank advances	281	313	877	972
Total interest expense	2,599	1,709	7,057	4,605
Net interest income	23,510	15,956	69,353	47,823
Provision for loan losses	786	660	2,331	1,117
Net interest income after provision for loan losses	22,724	15,296	67,022	46,706
Noninterest Income
Gain on sale of loans, net	206	303	614	919
Income from bank-owned life insurance	166	121	490	361
(Loss) gain on sale of assets, net	(68)	(43)	77	(147)
Other income	289	138	768	999
Total noninterest income	3,341	2,293	10,166	7,283
Noninterest Expense
Compensation and benefits	9,328	7,062	27,492	20,730
Occupancy	1,661	1,219	5,056	3,711
Marketing and advertising	286	287	852	802
Data processing and communication	1,804	928	5,827	3,076
Professional services	265	407	856	819
Forms, printing and supplies	180	119	811	410
Franchise and shares tax	362	193	1,091	587
Regulatory fees	455	317	1,177	952
Foreclosed assets, net	58	(70)	247	(230)
Other expenses	1,297	879	4,199	2,565
Total noninterest expense	15,696	11,341	47,608	33,422
Income before income tax expense	10,369	6,248	29,580	20,567
Income tax expense	2,107	2,158	6,079	6,985
Net Income	$ 8,262	$ 4,090	$ 23,501	$ 13,582
Earnings per share:
Basic	$ 0.91	$ 0.58	$ 2.60	$ 1.95
Diluted	0.89	0.56	2.53	1.88
Cash dividends declared per common share	$ 0.19	$ 0.14	$ 0.51	$ 0.41
Service Fees and Charges on Deposit Accounts [Member]
Noninterest Income
Fees and charges	$ 1,638	$ 1,056	$ 4,812	$ 2,983
Credit Card [Member]
Noninterest Income
Fees and charges	$ 1,110	$ 718	$ 3,405	$ 2,168

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Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 8,262	$ 4,090	$ 23,501	$ 13,582
Other Comprehensive (Loss) Income
Unrealized (losses) gains on investment securities	(1,279)	(60)	(4,289)	103
Tax effect	269	21	901	(36)
Other comprehensive (loss) income, net of taxes	(1,010)	(39)	(3,388)	67
Comprehensive Income	$ 7,252	$ 4,051	$ 20,113	$ 13,649

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Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Unallocated Common Stock Held by ESOP [Member]	Unallocated Common Stock Held by RRP [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2016		$ 179,843	$ 74	$ 79,426	$ (4,196)	$ (120)	$ 104,647	$ 12
Net income		13,582					13,582
Other comprehensive income (loss)		67						67
Purchase of Company's common stock at cost, values		(48)		(12)			(36)
Cash dividends declared		(3,028)					(3,028)
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit, values		(15)		20			(35)
Exercise of stock options		650		650
RRP shares released for allocation		8		(6)		14
ESOP shares released for allocation		1,183		915	268
Share-based compensation cost		383		383
Balance at Sep. 30, 2017		192,625	74	81,376	(3,928)	(106)	115,130	79
Balance at Dec. 31, 2017		277,871	94	165,341	(3,838)	(84)	117,313	(955)
Net income		23,501					23,501
Other comprehensive income (loss)		(3,388)						(3,388)
Reclassification of stranded tax effects in accumulated other comprehensive income	[1]						206	(206)
Purchase of Company's common stock at cost, values		(380)		(83)			(297)
Cash dividends declared		(4,810)					(4,810)
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit, values		74		139			(65)
Exercise of stock options		898	1	897
RRP shares released for allocation				(7)		7
ESOP shares released for allocation		1,376		1,109	267
Share-based compensation cost		546		546
Balance at Sep. 30, 2018		$ 295,688	$ 95	$ 167,942	$ (3,571)	$ (77)	$ 135,848	$ (4,549)

[1] See Note 2 - Recent Accounting Pronouncements

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Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Purchase of Company's common shares at cost, shares	8,283	1,233
Cash dividends declared, per share	$ 0.51	$ 0.41
Common Stock issued under incentive plans, shares	16,898	7,905
Common Stock [Member]
Purchase of Company's common shares at cost, shares	8,283	1,233
Common Stock issued under incentive plans, shares	16,898	7,905
Retained Earnings [Member]
Cash dividends declared, per share	$ 0.51	$ 0.41

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 23,501	$ 13,582
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	2,331	1,117
Depreciation	1,832	1,439
Amortization and accretion of purchase accounting valuations and intangibles	6,259	3,496
Net amortization of mortgage servicing asset	113	150
Federal Home Loan Bank stock dividends	(90)	(83)
Net amortization of discount on investments	1,516	1,269
Gain on loans sold, net	(614)	(919)
Proceeds, including principal payments, from loans held for sale	73,539	94,171
Originations of loans held for sale	(70,521)	(94,714)
Non-cash compensation	1,922	1,566
Deferred income tax expense (benefit)	225	(315)
(Increase) decrease in accrued interest receivable and other assets	(9,003)	1,460
Increase in cash surrender value of bank-owned life insurance	(490)	(361)
Decrease (increase) in accrued interest payable and other liabilities	1,685	(63)
Net cash provided by operating activities	32,205	21,795
Cash flows from investing activities:
Purchases of securities available for sale	(67,539)	(48,408)
Proceeds from maturities, prepayments and calls on securities available for sale	38,016	29,022
Proceeds from maturities, prepayments and calls on securities held to maturity	1,855
Decrease (increase) in loans, net	18,222	(2,516)
Reimbursement from FDIC for covered assets		142
Decrease in interest-bearing deposits in banks	1,237	693
Proceeds from sale of repossessed assets	616	2,632
Purchases of office properties and equipment	(2,824)	(1,360)
Proceeds from sale of office properties and equipment	1,051	640
Proceeds from redemption of Federal Home Loan Bank stock		4,180
Net cash (used in) provided by investing activities	(9,366)	(14,975)
Cash flows from financing activities:
(Decrease) increase in deposits, net	(94,992)	71,645
Borrowings on Federal Home Loan Bank advances		130,750
Repayments of Federal Home Loan Bank advances	(12,323)	(184,463)
Proceeds from exercise of stock options	898	650
Issuance of stock under incentive plans	74	(15)
Dividends paid to shareholders	(4,810)	(3,028)
Purchase of Company's common stock	(380)	(48)
Net cash (used in) provided by financing activities	(111,533)	15,491
Net change in cash and cash equivalents	(88,694)	22,311
Cash and cash equivalents at beginning of year	150,418	29,315
Cash and cash equivalents at end of year	$ 61,724	$ 51,626

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Basis of Presentation

9 Months Ended

Sep. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

1. Basis of Presentation

The accompanying unaudited consolidated financial statements of Home Bancorp, Inc. (the “Company”) were prepared in accordance with instructions for Form 10-Q and Regulation S-X and do not include information or footnotes necessary for a complete presentation of financial condition, results of operations, comprehensive income, changes in shareholders’ equity and cash flows in conformity with accounting principles generally accepted in the United States of America. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the nine-month period ended September 30, 2018 are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) for the year ended December 31, 2017.

Critical Accounting Policies and Estimates

There were no material changes or developments during the reporting period with respect to methodologies the Company uses when applying critical accounting policies and developing critical accounting estimates as disclosed in its Annual Report on Form 10-K for the year ended December 31, 2017.

In preparing the financial statements, the Company is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Company’s financial condition, results of operations, comprehensive income, changes in shareholders’ equity and cash flows for the interim periods presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.

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Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2018

Accounting Changes and Error Corrections [Abstract]

Recent Accounting Pronouncements

2. Recent Accounting Pronouncements

In February 2016, the FASB issued ASU 2016-02, “Conforming Amendments Related to Leases”. This ASU amends the codification regarding leases in order to increase transparency and comparability. The ASU requires companies to recognize lease assets and liabilities on the statement of condition and disclose key information about leasing arrangements. Upon implementation, a lessee will recognize a liability to make lease payments and a right-of-use asset representing its right to use the leased asset for the lease term. The ASU is effective for annual and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment but does not anticipate it will have a material impact on our Consolidated Financial Statements. Based on the Company’s preliminary assessment of its current leases, the impact to the Company’s consolidated balance sheet is estimated to be less than a 1% increase in assets and liabilities.

In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments”. The ASU requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. 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 carrying value at the amount expected to be collected on the financial assets. The income statement reflects the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount of financial assets. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The allowance for credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination that are measured at amortized cost basis is determined in a similar manner to other financial assets measured at amortized cost basis; however, the initial allowance for credit losses is added to the purchase price rather than being reported as a credit loss expense. Only subsequent changes in the allowance for credit losses are recorded as a credit loss expense for these assets. Off-balance-sheet arrangements such as commitments to extend credit, guarantees, and standby letters of credit that and are not unconditionally cancellable are also within the scope of this amendment. Credit losses relating to debt securities should be recorded through an allowance for credit losses. This ASU is effective for fiscal years beginning after December 31, 2019. An entity will apply the amendments in this update on a modified retrospective basis, through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is currently assessing this accounting standard and the implementation of a new software application during 2018 to assist in determining the impact to our Consolidated Financial Statements. The adoption of this ASU could result in material changes in our accounting for credit losses. The extent of the impact upon adoption will depend on the characteristics of the Company’s loan portfolio and economic conditions on that date as well as forecasted conditions thereafter.

In January 2017, FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other, Simplifying the Test for Goodwill Impairment”. The amendment in this ASU eliminates the requirement to calculate the implied fair value of goodwill in order to measure a goodwill impairment charge. An entity will record an impairment charge based on the excess of the carrying amount over its fair value. This ASU is effective for fiscal and interim testing periods beginning after December 15, 2019. The Company is currently assessing the amendment and does not anticipate it will have a material impact on our Consolidated Financial Statements.

In April 2017, FASB issued ASU No. 2017-08, “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities”. This ASU shortens the amortization period for the premium on certain purchased callable debt securities to the earliest call date. The accounting for purchased callable debt securities held at a discount does not change under the new guidance. This ASU is effective for fiscal and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment and does not anticipate it will have an impact on our Consolidated Financial Statements.

ASU 2018-02, “Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” ASU 2018-02 was issued to address the income tax accounting treatment of the stranded tax effects within accumulated other comprehensive income as a result of tax reform. This issue came about from the enactment of the Tax Cuts and Jobs Act of 2017 on December 22, 2017 that changed the Company’s statutory income tax rate from 35% to 21%. The ASU changed current accounting whereby an entity may elect to reclassify the stranded tax effect from accumulated other comprehensive income to retained earnings. The ASU is effective for periods beginning after December 15, 2018 although early adoption is permitted. The Company adopted ASU 2018-02 in the first quarter of 2018 and reclassified its stranded tax credit of $206,000 from accumulated other comprehensive income to retained earnings.

In July 2018, the FASB issued ASU No. 2018-11, “Leases – Targeted Improvements” to provide alternative transition methods to reduce the costs and complexities of implementing the new leases standard, ASU No. 2016-02. The amendments in the update allow entities to recognize a cumulative-effect adjustment in the opening balance of retained earnings in the period of adoption of ASU No. 2016-02, which eliminates the need to re-state amounts presented for prior-periods. In addition, under certain conditions, lessors are allowed to account for lease and non-lease components as a single component. The amendments have the same effective date as ASU No. 2016-02 (periods beginning after December 15, 2018). The Company is currently assessing ASU No. 2018-11, but does not anticipate it will have a material impact on our Consolidated Financial Statements.

In August 2018, the FASB issued ASU No. 2018-13, “Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement.” The ASU removes, modifies, and adds certain disclosure requirements for fair value measurements. For example, public entities will no longer be required to disclose the valuation processes for Level 3 fair value measurements, but will be required to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements. ASU No. 2018-13 is effective for interim and annual reporting periods beginning after December 15, 2019. In addition, entities may early adopt the modified or eliminated disclosure requirements and delay adoption of the additional disclosure requirements until their effective date. The Company does not believe ASU No. 2018-13 will have a material impact on our Consolidated Financial Statements, as the update only revises disclosure requirements.

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Investment Securities

9 Months Ended

Sep. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Investment Securities

3. Investment Securities

Summary information regarding the Company’s investment securities classified as available for sale and held to maturity as of September 30, 2018 and December 31, 2017 is as follows.

(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
September 30, 2018
Available for sale:
U.S. agency mortgage-backed	$	80,917	$	447	$	1,083	$	789	$	79,492
Collateralized mortgage obligations		151,719		42		1,321		2,999		147,441
Municipal bonds		21,690		57		73		—		21,674
U.S. government agency		10,380		27		33		33		10,341
Total available for sale	$	264,706	$	573	$	2,510	$	3,821	$	258,948
Held to maturity:
Municipal bonds	$	10,942	$	6	$	40	$	40	$	10,868
Total held to maturity	$	10,942	$	6	$	40	$	40	$	10,868
(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
December 31, 2017
Available for sale:
U.S. agency mortgage-backed	$	84,639	$	619	$	270	$	298	$	84,690
Collateralized mortgage obligations		115,435		46		671		1,075		113,735
Municipal bonds		25,362		177		17		1		25,521
U.S. government agency		11,026		42		21		—		11,047
Total available for sale	$	236,462	$	884	$	979	$	1,374	$	234,993
Held to maturity:
Municipal bonds	$	13,034	$	54	$	18	$	15	$	13,055
Total held to maturity	$	13,034	$	54	$	18	$	15	$	13,055

The estimated fair value and amortized cost by contractual maturity of the Company’s investment securities as of September 30, 2018 are shown in the following tables. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. The expected maturity of a security may differ from its contractual maturity because of prepayments or the exercise of call options. Accordingly, actual maturities may differ from contractual maturities.

(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Fair Value
Securities available for sale:
U.S. agency mortgage-backed	$	1,718	$	12,321	$	37,171	$	28,282	$	79,492
Collateralized mortgage obligations		—		5,662		18,171		123,608		147,441
Municipal bonds		3,585		9,919		5,355		2,815		21,674
U.S. government agency		4,965		—		3,940		1,436		10,341
Total securities available for sale	$	10,268	$	27,902	$	64,637	$	156,141	$	258,948
Securities held to maturity:
Municipal bonds	$	—	$	5,767	$	4,055	$	1,046	$	10,868
Total securities held to maturity	$	—	$	5,767	$	4,055	$	1,046	$	10,868
(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Amortized Cost
Securities available for sale:
U.S. agency mortgage-backed	$	1,720	$	12,693	$	38,212	$	28,292	$	80,917
Collateralized mortgage obligations		—		5,719		18,694		127,306		151,719
Municipal bonds		3,580		9,920		5,345		2,845		21,690
U.S. government agency		4,998		—		3,913		1,469		10,380
Total securities available for sale	$	10,298	$	28,332	$	66,164	$	159,912	$	264,706
Securities held to maturity:
Municipal bonds	$	—	$	5,777	$	4,108	$	1,057	$	10,942
Total securities held to maturity	$	—	$	5,777	$	4,108	$	1,057	$	10,942

Management evaluates securities for other-than-temporary impairment at least quarterly, and more frequently when economic and market conditions warrant such evaluations. Consideration is given to (1) the extent and length of time the fair value has been below cost; (2) the reasons for the decline in value; and (3) the Company’s intent to sell a security or whether it is more likely than not the Company will be required to sell the security before the recovery of its amortized cost, which may extend to maturity.

The Company performs a process to identify securities that could potentially have a credit impairment that is other-than-temporary. This process involves evaluating each security for impairment by monitoring credit performance, collateral type, collateral geography, bond credit support, loan-to-value ratios, credit scores, loss severity levels, pricing levels, downgrades by rating agencies, cash flow projections and other factors as indicators of potential credit issues. When the Company determines that a security is deemed other-than-temporarily impaired, an impairment loss is recognized.

As of September 30, 2018, 184 of the Company’s investment securities had unrealized losses totaling 2.8% of the individual securities’ amortized cost basis and 2.3% of the Company’s total amortized cost basis of the investment securities portfolio. At such date, 59 of the 184 securities had been in a continuous loss position for over 12 months. The 59 securities had an aggregate amortized cost basis of $94.1 million and an unrealized loss of $3.8 million at September 30, 2018. Management has the intent and ability to hold these securities until maturity, or until anticipated recovery; hence, no declines in these securities were deemed other-than-temporary at September 30, 2018.

As of September 30, 2018 and December 31, 2017, the Company had $152,374,000 and $121,984,000, respectively, of securities pledged to secure public deposits.

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Earnings Per Share

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share

4. Earnings Per Share

Earnings per common share were computed based on the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands, except per share data)	2018		2017		2018		2017
Numerator:
Net income available to common shareholders	$	8,262	$	4,090	$	23,501	$	13,582
Denominator:
Weighted average common shares outstanding		9,098		7,007		9,053		6,972
Effect of dilutive securities:
Restricted stock		19		3		21		3
Stock options		204		271		223		266
Weighted average common shares outstanding – assuming dilution		9,321		7,281		9,297		7,241
Basic earnings per common share	$	0.91	$	0.58	$	2.60	$	1.95
Diluted earnings per common share	$	0.89	$	0.56	$	2.53	$	1.88

Options on 27,934 and 77,024 shares of common stock were not included in the computation of diluted earnings per share for the three months ended September 30, 2018 and September 30, 2017, respectively, because the effect of these shares was anti-dilutive. Options on 15,850 and 60,849 shares of common stock were not included in the computation of diluted earnings per share for the nine months ended September 30, 2018 and September 30, 2017, respectively, because the effect of these shares was anti-dilutive.

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Credit Quality and Allowance for Loan Losses

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Credit Quality and Allowance for Loan Losses

5. Credit Quality and Allowance for Loan Losses

The following briefly describes the distinction between originated and Acquired Loans and certain significant accounting policies relevant to each category.

Originated Loans

Loans originated for investment are reported at the principal balance outstanding net of unearned income. Interest on loans and accretion of unearned income are computed in a manner that approximates a level yield on recorded principal. Interest on loans is recorded as income is earned. The accrual of interest on an originated loan is discontinued when it is probable the borrower will not be able to meet payment obligations as they become due. The Company maintains an allowance for loan losses on originated loans that represents management’s estimate of probable losses incurred in this portfolio category.

Acquired Loans

Loans that were acquired as a result of business combinations are referred to as “Acquired Loans.” Acquired Loans were recorded at estimated fair value at the acquisition date with no carryover of the related allowance for loan losses. The Acquired Loans were segregated between those considered to be performing (“acquired performing”) and those with evidence of credit deterioration (“acquired impaired”), and then further segregated into loan pools designed to facilitate the estimation of expected cash flows. The fair value estimate for each pool of acquired performing and acquired impaired loans was based on the estimate of expected cash flows, both principal and interest, from that pool, discounted at prevailing market interest rates.

The difference between the fair value of an acquired performing loan pool and the contractual amounts due at the acquisition date (the “fair value discount”) is accreted into income over the estimated life of the pool. Management estimates an allowance for loan losses for acquired performing loans using a methodology similar to that used for originated loans. The allowance determined for each loan pool is compared to the remaining fair value discount for that pool. If the allowance amount calculated under the Company’s methodology is greater than the Company’s remaining discount, the additional amount called for is added to the reported allowance through a provision for loan losses. If the allowance amount calculated under the Company’s methodology is less than the Company’s recorded discount, no additional allowance or provision is recognized. Actual losses first reduce any remaining nonaccretable discount for the loan pool. Once the nonaccretable discount is fully depleted, losses are applied against the allowance established for that pool. Acquired performing loans are placed on nonaccrual status and considered and reported as nonperforming or past due using the same criteria applied to the originated portfolio.

The excess of cash flows expected to be collected from an acquired impaired loan pool over the pool’s estimated fair value at acquisition is referred to as the accretable yield and is recognized in interest income using an effective yield method over the remaining life of the pool. Each pool of acquired impaired loans is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows.

Management recasts the estimate of cash flows expected to be collected on each acquired impaired loan pool periodically. If the present value of expected cash flows for a pool is less than its carrying value, an impairment is recognized by an increase in the allowance for loan losses and a charge to the provision for loan losses. If the present value of expected cash flows for a pool is greater than its carrying value, any previously established allowance for loan losses is reversed and any remaining difference increases the accretable yield, which will be taken into interest income over the remaining life of the loan pool. Acquired impaired loans are generally not subject to individual evaluation for impairment and are not reported with impaired loans, even if they would otherwise qualify for such treatment.

Allowance for Loan Losses

The allowance for loan losses and recorded investment in loans as of the dates indicated are as follows.

	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,861	$	—	$	53	$	1,914
Home equity loans and lines		692		348		52		1,092
Commercial real estate		5,144		187		237		5,568
Construction and land		2,021		—		6		2,027
Multi-family residential		540		—		60		600
Commercial and industrial		2,253		862		575		3,690
Consumer		484		—		368		852
Total allowance for loan losses	$	12,995	$	1,397	$	1,351	$	15,743
	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	221,283	$	—	$	235,514	$	456,797
Home equity loans and lines		52,734		885		32,786		86,405
Commercial real estate		417,338		5,944		206,015		629,297
Construction and land		139,869		—		34,704		174,573
Multi-family residential		43,219		—		12,934		56,153
Commercial and industrial		119,987		3,010		50,941		173,938
Consumer		37,929		—		17,927		55,856
Total loans	$	1,032,359	$	9,839	$	590,821	$	1,633,019

	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	—	$	89	$	1,663
Home equity loans and lines		676		348		78		1,102
Commercial real estate		4,766		—		140		4,906
Construction and land		1,742		—		7		1,749
Multi-family residential		355		—		—		355
Commercial and industrial		2,721		1,625		184		4,530
Consumer		496		—		6		502
Total allowance for loan losses	$	12,330	$	1,973	$	504	$	14,807
	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	199,199	$	—	$	278,012	$	477,211
Home equity loans and lines		53,349		925		40,171		94,445
Commercial real estate		369,740		22		241,596		611,358
Construction and land		124,963		—		52,300		177,263
Multi-family residential		30,540		—		20,438		50,978
Commercial and industrial		120,818		2,512		61,954		185,284
Consumer		39,854		—		21,402		61,256
Total loans	$	938,463	$	3,459	$	715,873	$	1,657,795

⁽¹⁾ $11.0 million and $14.2 million in Acquired Loans were deemed to be acquired impaired loans and were accounted for under ASC 310-30 at September 30, 2018 and December 31, 2017, respectively.

A summary of activity in the allowance for loan losses for the nine months ended September 30, 2018 and September 30, 2017 follows.

	For the Nine Months Ended September 30, 2018
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision		Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	(1	)	$	—	$	288	$	1,861
Home equity loans and lines		1,024		—			3		13		1,040
Commercial real estate		4,766		—			—		565		5,331
Construction and land		1,742		—			—		279		2,021
Multi-family residential		355		—			—		185		540
Commercial and industrial		4,346		(1,503	)		153		119		3,115
Consumer		496		(60	)		13		35		484
Total allowance for loan losses	$	14,303	$	(1,564	)		169	$	1,484	$	14,392

Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	89	$	—		$	—	$	(36	)	$	53
Home equity loans and lines		78		—			—		(26	)		52
Commercial real estate		140		—			—		97			237
Construction and land		7		—			—		(1	)		6
Multi-family residential		—		—			—		60			60
Commercial and industrial		184		—			—		391			575
Consumer		6		—			—		362			368
Total allowance for loan losses	$	504	$	—		$	—	$	847		$	1,351
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,663	$	(1	)	$	—	$	252		$	1,914
Home equity loans and lines		1,102		—			3		(13	)		1,092
Commercial real estate		4,906		—			—		662			5,568
Construction and land		1,749		—			—		278			2,027
Multi-family residential		355		—			—		245			600
Commercial and industrial		4,530		(1,503	)		153		510			3,690
Consumer		502		(60	)		13		397			852
Total allowance for loan losses	$	14,807	$	(1,564	)	$	169	$	2,331		$	15,743
	For the Nine Months Ended September 30, 2017
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision			Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,436	$	—		$	—	$	117		$	1,553
Home equity loans and lines		654		(10	)		18		399			1,061
Commercial real estate		4,177		(4	)		—		431			4,604
Construction and land		1,763		—			—		(86	)		1,677
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,316		(358	)		203		164			3,325
Consumer		513		(58	)		5		9			469
Total allowance for loan losses	$	12,220	$	(430	)	$	226	$	1,024		$	13,040
Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	75	$	—		$	—	$	(16	)	$	59
Home equity loans and lines		74		—			—		(12	)		62
Commercial real estate		—		—			—		77			77
Construction and land		19		—			—		(12	)		7
Multi-family residential		—		—			—		—			—
Commercial and industrial		123		—			—		53			176
Consumer		—		—			—		3			3
Total allowance for loan losses	$	291	$	—		$	—	$	93		$	384
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,511	$	—		$	—	$	101		$	1,612
Home equity loans and lines		728		(10	)		18		387			1,123
Commercial real estate		4,177		(4	)		—		508			4,681
Construction and land		1,782		—			—		(98	)		1,684
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,439		(358	)		203		217			3,501
Consumer		513		(58	)		5		12			472
Total allowance for loan losses	$	12,511	$	(430	)	$	226	$	1,117		$	13,424

Credit Quality

The following tables present the Company’s loan portfolio by credit quality classification as of the dates indicated.

	September 30, 2018
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	216,787	$	1,745	$	2,751	$	—	$	221,283
Home equity loans and lines		52,011		—		1,608		—		53,619
Commercial real estate		410,684		4,610		7,988		—		423,282
Construction and land		137,578		1,168		1,123		—		139,869
Multi-family residential		43,219		—		—		—		43,219
Commercial and industrial		112,336		4,537		6,124		—		122,997
Consumer		37,634		124		171		—		37,929
Total originated loans	$	1,010,249	$	12,184	$	19,765	$	—	$	1,042,198
Acquired loans:
One- to four-family first mortgage	$	226,735	$	1,806	$	6,973	$	—	$	235,514
Home equity loans and lines		32,321		188		277		—		32,786
Commercial real estate		187,358		8,343		10,314		—		206,015
Construction and land		32,839		1,302		563		—		34,704
Multi-family residential		12,091		588		255		—		12,934
Commercial and industrial		46,948		1,661		2,332		—		50,941
Consumer		17,510		170		247		—		17,927
Total acquired loans	$	555,802	$	14,058	$	20,961	$	—	$	590,821
Total loans:
One- to four-family first mortgage	$	443,522	$	3,551	$	9,724	$	—	$	456,797
Home equity loans and lines		84,332		188		1,885		—		86,405
Commercial real estate		598,042		12,953		18,302		—		629,297
Construction and land		170,417		2,470		1,686		—		174,573
Multi-family residential		55,310		588		255		—		56,153
Commercial and industrial		159,284		6,198		8,456		—		173,938
Consumer		55,144		294		418		—		55,856
Total loans	$	1,566,051	$	26,242	$	40,726	$	—	$	1,633,019

	December 31, 2017
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	196,203	$	990	$	2,006	$	—	$	199,199
Home equity loans and lines		52,492		283		1,499		—		54,274
Commercial real estate		356,020		5,080		8,662		—		369,762
Construction and land		122,076		2,043		844		—		124,963
Multi-family residential		30,540		—		—		—		30,540
Commercial and industrial		105,097		4,640		13,593		—		123,330
Consumer		39,335		120		399		—		39,854
Total originated loans	$	901,763	$	13,156	$	27,003	$	—	$	941,922
Acquired loans:
One- to four-family first mortgage	$	269,144	$	2,825	$	6,043	$	—	$	278,012
Home equity loans and lines		39,603		307		261		—		40,171
Commercial real estate		218,234		12,522		10,840		—		241,596
Construction and land		48,748		3,056		496		—		52,300
Multi-family residential		19,644		636		158		—		20,438
Commercial and industrial		56,635		2,998		2,321		—		61,954
Consumer		21,172		69		161		—		21,402
Total acquired loans	$	673,180	$	22,413	$	20,280	$	—	$	715,873
Total loans:
One- to four-family first mortgage	$	465,347	$	3,815	$	8,049	$	—	$	477,211
Home equity loans and lines		92,095		590		1,760		—		94,445
Commercial real estate		574,254		17,602		19,502		—		611,358
Construction and land		170,824		5,099		1,340		—		177,263
Multi-family residential		50,184		636		158		—		50,978
Commercial and industrial		161,732		7,638		15,914		—		185,284
Consumer		60,507		189		560		—		61,256
Total loans	$	1,574,943	$	35,569	$	47,283	$	—	$	1,657,795

The above classifications follow regulatory guidelines and can generally be described as follows:

• Pass loans are of satisfactory quality.

• Special mention loans have an existing weakness that could cause future impairment, including the deterioration of financial ratios, past due status, questionable management capabilities and possible reduction in the collateral values.

• Substandard loans have an existing specific and well-defined weakness that may include poor liquidity and deterioration of financial performance. Such loans may be past due and related deposit accounts experiencing overdrafts. Immediate corrective action is necessary.

• Doubtful loans have specific weaknesses that are severe enough to make collection or liquidation in full highly questionable and improbable.

In addition, residential loans are classified using an inter-agency regulatory methodology that incorporates, among other factors, the extent of delinquencies and loan-to-value ratios. These classifications were the most current available as of the dates indicated and were generally updated within the quarter.

Age analysis of past due loans as of the dates indicated are as follows.

	September 30, 2018
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	1,271	$	374	$	371	$	2,016	$	219,267	$	221,283
Home equity loans and lines		177		44		26		247		53,372		53,619
Commercial real estate		242		1,016		167		1,425		421,857		423,282
Construction and land		6		—		—		6		139,863		139,869
Multi-family residential		—		—		—		—		43,219		43,219
Total real estate loans		1,696		1,434		564		3,694		877,578		881,272
Other loans:
Commercial and industrial		291		266		257		814		122,183		122,997
Consumer		314		85		84		483		37,446		37,929
Total other loans		605		351		341		1,297		159,629		160,926
Total originated loans	$	2,301	$	1,785	$	905	$	4,991	$	1,037,207	$	1,042,198
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,375	$	654	$	4,018	$	8,047	$	227,467	$	235,514
Home equity loans and lines		281		267		93		641		32,145		32,786
Commercial real estate		2,646		129		1,213		3,988		202,027		206,015
Construction and land		506		145		327		978		33,726		34,704
Multi-family residential		—		—		—		—		12,934		12,934
Total real estate loans		6,808		1,195		5,651		13,654		508,299		521,953
Other loans:
Commercial and industrial		960		91		160		1,211		49,730		50,941
Consumer		544		105		155		804		17,123		17,927
Total other loans		1,504		196		315		2,015		66,853		68,868
Total acquired loans	$	8,312	$	1,391	$	5,966	$	15,669	$	575,152	$	590,821
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,646	$	1,028	$	4,389	$	10,063	$	446,734	$	456,797
Home equity loans and lines		458		311		119		888		85,517		86,405
Commercial real estate		2,888		1,145		1,380		5,413		623,884		629,297
Construction and land		512		145		327		984		173,589		174,573
Multi-family residential		—		—		—		—		56,153		56,153
Total real estate loans		8,504		2,629		6,215		17,348		1,385,877		1,403,225
Other loans:
Commercial and industrial		1,251		357		417		2,025		171,913		173,938
Consumer		858		190		239		1,287		54,569		55,856
Total other loans		2,109		547		656		3,312		226,482		229,794
Total loans	$	10,613	$	3,176	$	6,871	$	20,660	$	1,612,359	$	1,633,019
	December 31, 2017
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	837	$	131	$	44	$	1,012	$	198,187	$	199,199
Home equity loans and lines		1,018		—		26		1,044		53,230		54,274
Commercial real estate		670		—		—		670		369,092		369,762
Construction and land		744		—		200		944		124,019		124,963
Multi-family residential		—		—		—		—		30,540		30,540
Total real estate loans		3,269		131		270		3,670		775,068		778,738
Other loans:
Commercial and industrial		882		825		1,641		3,348		119,982		123,330
Consumer		380		9		278		667		39,187		39,854
Total other loans		1,262		834		1,919		4,015		159,169		163,184
Total originated loans	$	4,531	$	965	$	2,189	$	7,685	$	934,237	$	941,922
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,867	$	2,087	$	2,816	$	8,770	$	269,242	$	278,012
Home equity loans and lines		137		61		46		244		39,927		40,171
Commercial real estate		5,071		436		1,864		7,371		234,225		241,596
Construction and land		2,089		159		239		2,487		49,813		52,300
Multi-family residential		—		—		—		—		20,438		20,438
Total real estate loans		11,164		2,743		4,965		18,872		613,645		632,517
Other loans:
Commercial and industrial		809		678		185		1,672		60,282		61,954
Consumer		329		152		95		576		20,826		21,402
Total other loans		1,138		830		280		2,248		81,108		83,356
Total acquired loans	$	12,302	$	3,573	$	5,245	$	21,120	$	694,753	$	715,873
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,704	$	2,218	$	2,860	$	9,782	$	467,429	$	477,211
Home equity loans and lines		1,155		61		72		1,288		93,157		94,445
Commercial real estate		5,741		436		1,864		8,041		603,317		611,358
Construction and land		2,833		159		439		3,431		173,832		177,263
Multi-family residential		—		—		—		—		50,978		50,978
Total real estate loans		14,433		2,874		5,235		22,542		1,388,713		1,411,255
Other loans:
Commercial and industrial		1,691		1,503		1,826		5,020		180,264		185,284
Consumer		709		161		373		1,243		60,013		61,256
Total other loans		2,400		1,664		2,199		6,263		240,277		246,540
Total loans	$	16,833	$	4,538	$	7,434	$	28,805	$	1,628,990	$	1,657,795

Excluding Acquired Loans with deteriorated credit quality, the Company did not have any loans greater than 90 days past due and accruing as of September 30, 2018 or December 31, 2017.

The following table summarizes the accretable yield on loans accounted for under ASC 310-30 as of the dates indicated.

	For the Nine Months Ended
(dollars in thousands)	September 30, 2018			September 30, 2017
Balance at beginning of period	$	(9,303	)	$	(11,091	)
Accretion		1,849			2,495
Transfers from nonaccretable difference to accretable yield		(2,559	)		(1,208	)
Balance at end of period	$	(10,013	)	$	(9,804	)

The following table summarizes information pertaining to Originated Loans, which were deemed impaired loans as of the dates indicated.

	For the Period Ended September 30, 2018
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		450		476		—		458		—
Commercial real estate		21		33		—		22		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		324		440		—		347		—
Consumer		—		—		—		—		—
Total	$	795	$	949	$	—	$	827	$	—
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		435		461		348		443		—
Commercial real estate		5,923		5,923		187		658		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,686		2,905		862		1,186		—
Consumer		—		—		—		—		—
Total	$	9,044	$	9,289	$	1,397	$	2,287	$	—
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		885		937		348		901		—
Commercial real estate		5,944		5,956		187		680		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		3,010		3,345		862		1,533		—
Consumer		—		—		—		—		—
Total	$	9,839	$	10,238	$	1,397	$	3,114	$	—
	For the Period Ended December 31, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		470		476		—		395		1
Commercial real estate		22		32		—		19		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		428		434		—		2,849		2
Consumer		—		—		—		—		—
Total	$	920	$	942	$	—	$	3,263	$	3
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		455		461		348		383		1
Commercial real estate		—		—		—		296		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,084		2,157		1,625		1,985		52
Consumer		—		—		—		—		—
Total	$	2,539	$	2,618	$	1,973	$	2,706	$	53
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		925		937		348		778		2
Commercial real estate		22		32		—		315		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,512		2,591		1,625		4,834		54
Consumer		—		—		—		—		—
Total	$	3,459	$	3,560	$	1,973	$	5,969	$	56
	For the Period Ended September 30, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		473		476		—		370		18
Commercial real estate		23		33		—		18		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,952		3,131		—		3,209		133
Consumer		—		—		—		—		—
Total	$	3,448	$	3,640	$	—	$	3,597	$	152
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		459		460		348		358		17
Commercial real estate		—		—		—		395		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		1,988		2,102		865		1,985		80
Consumer		—		—		—		—		—
Total	$	2,447	$	2,562	$	1,213	$	2,793	$	97
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		932		936		348		728		35
Commercial real estate		23		33		—		413		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		4,940		5,233		865		5,194		213
Consumer		—		—		—		—		—
Total	$	5,895	$	6,202	$	1,213	$	6,390	$	249

The following table summarizes information pertaining to nonaccrual loans as of dates indicated.

	September 30, 2018						December 31, 2017
(dollars in thousands)	Originated		Acquired(1)		Total		Originated		Acquired(1)		Total
Nonaccrual loans:
One- to four-family first mortgage	$	2,637	$	2,753	$	5,390	$	2,006	$	1,167	$	3,173
Home equity loans and lines		1,339		144		1,483		1,434		108		1,542
Commercial real estate		7,374		729		8,103		8,662		95		8,757
Construction and land		3		345		348		200		249		449
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		4,281		873		5,154		9,678		932		10,610
Consumer		171		226		397		399		103		502
Total	$	15,805	$	5,070	$	20,875	$	22,379	$	2,654	$	25,033

⁽¹⁾ Table excludes Acquired Loans which were being accounted for under ASC 310-30 because they continue to earn interest from accretable yield regardless of their status as past due or otherwise not in compliance with their contractual terms. Acquired Loans with deteriorated credit quality which were being accounting for under ASC 310-30 and which were 90 days or more past due totaled $2.5 million and $4.3 million as of September 30, 2018 and December 31, 2017, respectively.

As of September 30, 2018, the Company had no outstanding commitments to lend additional funds to any customer whose loan was classified as impaired.

Troubled Debt Restructurings

During the course of its lending operations, the Company periodically grants concessions to its customers in an attempt to protect as much of its investment as possible and to minimize risk of loss. These concessions may include restructuring the terms of a customer loan to alleviate the burden of the customer’s near-term cash requirements. Loans are considered troubled debt restructurings (“TDR”) when the Company agrees to restructure a loan to a borrower who is experiencing financial difficulties in a manner that is deemed to be a “concession”. The Company defines a concession as a modification of existing terms granted to a borrower for economic or legal reasons related to the borrower’s financial difficulties that the Company would otherwise not consider. The concession either is granted through an agreement with the customer or is imposed by a court or by law. Concessions include modifying original loan terms to reduce or defer cash payments required as part of the loan agreement, including but not limited to:

• a reduction of the stated interest rate for the remaining original life of the debt,

• an extension of the maturity date or dates at an interest rate lower than the current market rate for new debt with similar risk characteristics,

• a reduction of the face amount or maturity amount of the debt, or

• a reduction of accrued interest receivable on the debt.

In its determination of whether the customer is experiencing financial difficulties, the Company considers numerous indicators, including, but not limited to:

• whether the customer is currently in default on its existing loan, or is in an economic position where it is probable the customer will be in default on its loan in the foreseeable future without a modification,

• whether the customer has declared or is in the process of declaring bankruptcy,

• whether there is substantial doubt about the customer’s ability to continue as a going concern,

• whether, based on its projections of the customer’s current capabilities, the Company believes the customer’s future cash flows will be insufficient to service the debt, including interest, in accordance with the contractual terms of the existing agreement for the foreseeable future, and

• whether, without modification, the customer cannot obtain sufficient funds from other sources at an effective interest rate equal to the current market rate for similar debt for a non-troubled debtor.

If the Company concludes that both a concession has been granted and the concession was granted to a customer experiencing financial difficulties, the Company identifies the loan as a TDR. For purposes of the determination of an allowance for loan losses on TDRs, such loans are reviewed for specific impairment in accordance with the Company’s allowance for loan loss methodology. If it is determined that losses are probable on such TDRs, either because of delinquency or other credit quality indicators, the Company specifically allocates a portion of the allowance for loan losses to these loans.

Information about the Company’s TDRs is presented in the following tables.

	As of September 30, 2018
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	219	$	—	$	1,824	$	2,043
Home equity loans and lines		210		59		312		581
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,279		59		8,443		9,781
Other loans:
Commercial and industrial		—		—		466		466
Consumer		—		—		87		87
Total other loans		—		—		553		553
Total loans	$	1,279	$	59	$	8,996	$	10,334
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	210	$	—	$	—	$	210
Home equity loans and lines		—		—		68		68
Commercial real estate		—		—		—		—
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		210		—		68		278
Other loans:
Commercial and industrial		71		—		787		858
Consumer		8		—		12		20
Total other loans		79		—		799		878
Total loans	$	289	$	—	$	867	$	1,156
Total loans:
Real estate loans:
One- to four-family first mortgage	$	429	$	—	$	1,824	$	2,253
Home equity loans and lines		210		59		380		649
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,489		59		8,511		10,059
Other loans:
Commercial and industrial		71		—		1,253		1,324
Consumer		8		—		99		107
Total other loans		79		—		1,352		1,431
Total loans	$	1,568	$	59	$	9,863	$	11,490

	As of December 31, 2017
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	306	$	274	$	473	$	1,053
Home equity loans and lines		275		64		316		655
Commercial real estate		96		332		1,942		2,370
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		846		670		2,731		4,247
Other loans:
Commercial and industrial		—		—		4,581		4,581
Consumer		—		—		178		178
Total other loans		—		—		4,759		4,759
Total loans	$	846	$	670	$	7,490	$	9,006
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	214	$	3	$	59	$	276
Home equity loans and lines		—		—		91		91
Commercial real estate		—		803		—		803
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		214		806		150		1,170
Other loans:
Commercial and industrial		—		—		203		203
Consumer		—		—		—		—
Total other loans		—		—		203		203
Total loans	$	214	$	806	$	353	$	1,373
Total loans:
Real estate loans:
One- to four-family first mortgage	$	520	$	277	$	532	$	1,329
Home equity loans and lines		275		64		407		746
Commercial real estate		96		1,135		1,942		3,173
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		1,060		1,476		2,881		5,417
Other loans:
Commercial and industrial		—		—		4,784		4,784
Consumer		—		—		178		178
Total other loans		—		—		4,962		4,962
Total loans	$	1,060	$	1,476	$	7,843	$	10,379

The following table summarizes information pertaining to loans modified as of the periods indicated.

	For the Nine Months Ended September 30,
	2018						2017
(dollars in thousands)	Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment		Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment
Troubled debt restructurings:
One- to four-family first mortgage		2	$	1,132	$	1,131		5	$	268	$	263
Home equity loans and lines		—		—		—		2		38		37
Commercial real estate		1		6,423		5,923		1		431		431
Construction and land		—		—		—		—		—		—
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		2		738		676		1		1,439		1,146
Other consumer		3		20		20		2		60		57
Total		8	$	8,313	$	7,750		11	$	2,236	$	1,934

None of the performing troubled debt restructurings as of September 30, 2018 had defaulted subsequent to the restructuring through the date the financial statements were available to be issued.

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Fair Value Measurements and Disclosures

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value Measurements and Disclosures

6. Fair Value Measurements and Disclosures

The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The Company groups assets and liabilities measured or disclosed at fair value in three levels as required by ASC 820, Fair Value Measurements and Disclosures. Under this guidance, fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels used to measure fair value are as follows:

• Level 1 – Quoted prices in active markets for identical assets or liabilities.

• Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

• Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

An asset’s or liability’s categorization within the fair value hierarchy is based upon the lowest level that is significant to the fair value measurement. Management reviews and updates the fair value hierarchy classifications of the Company’s assets and liabilities quarterly.

Recurring Basis

Investment Securities Available for Sale

Fair values of investment securities available for sale are primarily measured using information from a third-party pricing service. This pricing service provides pricing information by utilizing pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities bids, offers and other reference data from market research publications. If quoted prices are available in an active market, investment securities are classified as Level 1 measurements. If quoted prices are not available in an active market, fair values are estimated primarily by the use of pricing models. Level 2 investment securities are primarily comprised of mortgage-backed securities issued by government agencies and U.S. government-sponsored enterprises. In certain cases, where there is limited or less transparent information provided by the Company’s third-party pricing service, fair value is estimated by the use of secondary pricing services or through the use of non-binding third-party broker quotes. Investment securities are classified within Level 3 when little or no market activity supports the fair value.

Management primarily identifies investment securities, which may have traded in illiquid or inactive markets, by identifying instances of a significant decrease in the volume and frequency of trades, relative to historical levels, as well as instances of a significant widening of the bid-ask spread in the brokered markets. Investment securities that are deemed to have been trading in illiquid or inactive markets may require the use of significant unobservable inputs. For example, management may use quoted prices for similar investment securities in the absence of a liquid and active market for the investment securities being valued. As of September 30, 2018, management did not make adjustments to prices provided by the third-party pricing service as a result of illiquid or inactive markets.

The following tables present the balances of assets measured for fair value on a recurring basis as of September 30, 2018 and December 31, 2017.

(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	79,492	$	—	$	79,492	$	—
Collateralized mortgage obligations		147,441		—		147,441		—
Municipal bonds		21,674		—		21,674		—
U.S. government agency		10,341		—		10,341		—
Total	$	258,948	$	—	$	258,948	$	—
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	84,690	$	—	$	84,690	$	—
Collateralized mortgage obligations		113,735		—		113,735		—
Municipal bonds		25,521		—		25,521		—
U.S. government agency		11,047		—		11,047		—
Total	$	234,993	$	—	$	234,993	$	—

The Company did not record any liabilities at fair value for which measurement of the fair value was made on a recurring basis.

Nonrecurring Basis

In accordance with the provisions of ASC 310, Receivables, the Company records loans considered impaired at fair value. A loan is considered impaired if it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Fair value is measured at the fair value of the collateral for collateral-dependent loans. For non-collateral-dependent loans, fair value is measured by present valuing expected future cash flows. Impaired loans are classified as Level 3 assets when measured using appraisals from third parties of the collateral less any prior liens and when there is no observable market price. Repossessed assets are initially recorded at fair value less estimated costs to sell. The fair value of repossessed assets is based on property appraisals and an analysis of similar properties available. As such, the Company classifies repossessed assets as Level 3 assets.

The Company has segregated all financial assets that are measured at fair value on a nonrecurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date as reflected in the table below.

			Fair Value Measurements Using
(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Assets
Impaired loans	$	8,442	$	—	$	—	$	8,442
Repossessed assets		571		—		—		571
Total	$	9,013	$	—	$	—	$	9,013
			Fair Value Measurements Using
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Assets
Impaired loans	$	1,486	$	—	$	—	$	1,486
Repossessed assets		728		—		—		728
Total	$	2,214	$	—	$	—	$	2,214

The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets.

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of September 30, 2018:
Impaired loans	$	8,442	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 80%		14	%
Repossessed assets	$	571	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		42	%

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of December 31, 2017:
Impaired loans	$	1,486	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 100%		57	%
Repossessed assets	$	728	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		28	%

ASC 820, Fair Value Measurements and Disclosures, requires the disclosure of each class of financial instruments for which it is practicable to estimate. The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. ASC 820 excludes certain financial instruments and all non-financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company.

Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial statements. These estimates are subjective in nature, involve uncertainties and matters of significant judgment, and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Fair value estimates included herein are based on existing on- and off-balance-sheet financial instruments without attempting to estimate the value of anticipated future business and the fair value of assets and liabilities that are not required to be recorded or disclosed at fair value like premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value:

The carrying value of cash and cash equivalents and interest-bearing deposits in banks approximate their fair value.

The fair value for investment securities is determined from quoted market prices when available. If a quoted market price is not available, fair value is estimated using first party pricing services or quoted market prices of securities with similar characteristics.

The carrying value of mortgage loans held for sale approximates their fair value.

The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturity.

The cash surrender value of bank-owned life insurance (“BOLI”) approximates its fair value.

The fair value of customer deposits, excluding certificates of deposit, is the amount payable on demand. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities.

The fair value of short-term FHLB advances is the amount payable at maturity. The fair value of long-term FHLB advances is estimated by discounting the future cash flows using the rates currently offered for advances of similar maturities.

The following table presents estimated fair values of the Company’s financial instruments as of the dates indicated.

			Fair Value Measurements at September 30, 2018
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	61,724	$	61,724	$	61,724	$	—	$	—
Interest-bearing deposits in banks		1,184		1,184		1,184		—		—
Investment securities available for sale		258,948		258,948		—		258,948		—
Investment securities held to maturity		10,942		10,868		—		10,868		—
Mortgage loans held for sale		3,470		3,470		—		3,470		—
Loans, net		1,617,276		1,590,380		—		1,581,938		8,442
Cash surrender value of BOLI		29,394		29,394		29,394		—		—
Financial Liabilities
Deposits	$	1,771,312	$	1,766,441	$	—	$	1,766,441	$	—
Short-term FHLB advances		41		41		41		—		—
Long-term FHLB advances		59,536		57,879		—		57,879		—
			Fair Value Measurements at December 31, 2017
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	150,418	$	150,418	$	150,418	$	—	$	—
Interest-bearing deposits in banks		2,421		2,421		2,421		—		—
Investment securities available for sale		234,993		234,993		—		234,993		—
Investment securities held to maturity		13,034		13,055		—		13,055		—
Mortgage loans held for sale		5,873		5,873		—		5,873		—
Loans, net		1,642,988		1,642,634		—		1,641,148		1,486
Cash surrender value of BOLI		28,904		28,904		28,904		—		—
Financial Liabilities
Deposits	$	1,866,227	$	1,864,735	$	—	$	1,864,735	$	—
Short-term FHLB advances		3,642		3,642		3,642		—		—
Long-term FHLB advances		68,183		67,143		—		67,143		—

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Recent Accounting Pronouncements (Policies)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Recent Accounting Pronouncements

Recent Accounting Pronouncements

In February 2016, the FASB issued ASU 2016-02, “Conforming Amendments Related to Leases”. This ASU amends the codification regarding leases in order to increase transparency and comparability. The ASU requires companies to recognize lease assets and liabilities on the statement of condition and disclose key information about leasing arrangements. Upon implementation, a lessee will recognize a liability to make lease payments and a right-of-use asset representing its right to use the leased asset for the lease term. The ASU is effective for annual and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment but does not anticipate it will have a material impact on our Consolidated Financial Statements. Based on the Company’s preliminary assessment of its current leases, the impact to the Company’s consolidated balance sheet is estimated to be less than a 1% increase in assets and liabilities.

In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments”. The ASU requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. 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 carrying value at the amount expected to be collected on the financial assets. The income statement reflects the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount of financial assets. An entity must use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The allowance for credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination that are measured at amortized cost basis is determined in a similar manner to other financial assets measured at amortized cost basis; however, the initial allowance for credit losses is added to the purchase price rather than being reported as a credit loss expense. Only subsequent changes in the allowance for credit losses are recorded as a credit loss expense for these assets. Off-balance-sheet arrangements such as commitments to extend credit, guarantees, and standby letters of credit that and are not unconditionally cancellable are also within the scope of this amendment. Credit losses relating to debt securities should be recorded through an allowance for credit losses. This ASU is effective for fiscal years beginning after December 31, 2019. An entity will apply the amendments in this update on a modified retrospective basis, through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is currently assessing this accounting standard and the implementation of a new software application during 2018 to assist in determining the impact to our Consolidated Financial Statements. The adoption of this ASU could result in material changes in our accounting for credit losses. The extent of the impact upon adoption will depend on the characteristics of the Company’s loan portfolio and economic conditions on that date as well as forecasted conditions thereafter.

In January 2017, FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other, Simplifying the Test for Goodwill Impairment”. The amendment in this ASU eliminates the requirement to calculate the implied fair value of goodwill in order to measure a goodwill impairment charge. An entity will record an impairment charge based on the excess of the carrying amount over its fair value. This ASU is effective for fiscal and interim testing periods beginning after December 15, 2019. The Company is currently assessing the amendment and does not anticipate it will have a material impact on our Consolidated Financial Statements.

In April 2017, FASB issued ASU No. 2017-08, “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities”. This ASU shortens the amortization period for the premium on certain purchased callable debt securities to the earliest call date. The accounting for purchased callable debt securities held at a discount does not change under the new guidance. This ASU is effective for fiscal and interim periods beginning after December 15, 2018. The Company is currently assessing the amendment and does not anticipate it will have an impact on our Consolidated Financial Statements.

ASU 2018-02, “Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” ASU 2018-02 was issued to address the income tax accounting treatment of the stranded tax effects within accumulated other comprehensive income as a result of tax reform. This issue came about from the enactment of the Tax Cuts and Jobs Act of 2017 on December 22, 2017 that changed the Company’s statutory income tax rate from 35% to 21%. The ASU changed current accounting whereby an entity may elect to reclassify the stranded tax effect from accumulated other comprehensive income to retained earnings. The ASU is effective for periods beginning after December 15, 2018 although early adoption is permitted. The Company adopted ASU 2018-02 in the first quarter of 2018 and reclassified its stranded tax credit of $206,000 from accumulated other comprehensive income to retained earnings.

In July 2018, the FASB issued ASU No. 2018-11, “Leases – Targeted Improvements” to provide alternative transition methods to reduce the costs and complexities of implementing the new leases standard, ASU No. 2016-02. The amendments in the update allow entities to recognize a cumulative-effect adjustment in the opening balance of retained earnings in the period of adoption of ASU No. 2016-02, which eliminates the need to re-state amounts presented for prior-periods. In addition, under certain conditions, lessors are allowed to account for lease and non-lease components as a single component. The amendments have the same effective date as ASU No. 2016-02 (periods beginning after December 15, 2018). The Company is currently assessing ASU No. 2018-11, but does not anticipate it will have a material impact on our Consolidated Financial Statements.

In August 2018, the FASB issued ASU No. 2018-13, “Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement.” The ASU removes, modifies, and adds certain disclosure requirements for fair value measurements. For example, public entities will no longer be required to disclose the valuation processes for Level 3 fair value measurements, but will be required to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements. ASU No. 2018-13 is effective for interim and annual reporting periods beginning after December 15, 2019. In addition, entities may early adopt the modified or eliminated disclosure requirements and delay adoption of the additional disclosure requirements until their effective date. The Company does not believe ASU No. 2018-13 will have a material impact on our Consolidated Financial Statements, as the update only revises disclosure requirements.

Creditor's Determination of Whether a Restructuring is a Troubled Debt Restructuring

Troubled Debt Restructurings

During the course of its lending operations, the Company periodically grants concessions to its customers in an attempt to protect as much of its investment as possible and to minimize risk of loss. These concessions may include restructuring the terms of a customer loan to alleviate the burden of the customer’s near-term cash requirements. Loans are considered troubled debt restructurings (“TDR”) when the Company agrees to restructure a loan to a borrower who is experiencing financial difficulties in a manner that is deemed to be a “concession”. The Company defines a concession as a modification of existing terms granted to a borrower for economic or legal reasons related to the borrower’s financial difficulties that the Company would otherwise not consider. The concession either is granted through an agreement with the customer or is imposed by a court or by law. Concessions include modifying original loan terms to reduce or defer cash payments required as part of the loan agreement, including but not limited to:

• a reduction of the stated interest rate for the remaining original life of the debt,

• an extension of the maturity date or dates at an interest rate lower than the current market rate for new debt with similar risk characteristics,

• a reduction of the face amount or maturity amount of the debt, or

• a reduction of accrued interest receivable on the debt.

In its determination of whether the customer is experiencing financial difficulties, the Company considers numerous indicators, including, but not limited to:

• whether the customer is currently in default on its existing loan, or is in an economic position where it is probable the customer will be in default on its loan in the foreseeable future without a modification,

• whether the customer has declared or is in the process of declaring bankruptcy,

• whether there is substantial doubt about the customer’s ability to continue as a going concern,

• whether, based on its projections of the customer’s current capabilities, the Company believes the customer’s future cash flows will be insufficient to service the debt, including interest, in accordance with the contractual terms of the existing agreement for the foreseeable future, and

• whether, without modification, the customer cannot obtain sufficient funds from other sources at an effective interest rate equal to the current market rate for similar debt for a non-troubled debtor.

If the Company concludes that both a concession has been granted and the concession was granted to a customer experiencing financial difficulties, the Company identifies the loan as a TDR. For purposes of the determination of an allowance for loan losses on TDRs, such loans are reviewed for specific impairment in accordance with the Company’s allowance for loan loss methodology. If it is determined that losses are probable on such TDRs, either because of delinquency or other credit quality indicators, the Company specifically allocates a portion of the allowance for loan losses to these loans.

Fair Value Measurements and Disclosures

The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The Company groups assets and liabilities measured or disclosed at fair value in three levels as required by ASC 820, Fair Value Measurements and Disclosures. Under this guidance, fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels used to measure fair value are as follows:

• Level 1 – Quoted prices in active markets for identical assets or liabilities.

• Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

• Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

An asset’s or liability’s categorization within the fair value hierarchy is based upon the lowest level that is significant to the fair value measurement. Management reviews and updates the fair value hierarchy classifications of the Company’s assets and liabilities quarterly.

Receivables

Nonrecurring Basis

In accordance with the provisions of ASC 310, Receivables, the Company records loans considered impaired at fair value. A loan is considered impaired if it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Fair value is measured at the fair value of the collateral for collateral-dependent loans. For non-collateral-dependent loans, fair value is measured by present valuing expected future cash flows. Impaired loans are classified as Level 3 assets when measured using appraisals from third parties of the collateral less any prior liens and when there is no observable market price. Repossessed assets are initially recorded at fair value less estimated costs to sell. The fair value of repossessed assets is based on property appraisals and an analysis of similar properties available. As such, the Company classifies repossessed assets as Level 3 assets.

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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Summary Information Regarding Company's Investment Securities Classified as Available for Sale and Held to Maturity

Summary information regarding the Company’s investment securities classified as available for sale and held to maturity as of September 30, 2018 and December 31, 2017 is as follows.

(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
September 30, 2018
Available for sale:
U.S. agency mortgage-backed	$	80,917	$	447	$	1,083	$	789	$	79,492
Collateralized mortgage obligations		151,719		42		1,321		2,999		147,441
Municipal bonds		21,690		57		73		—		21,674
U.S. government agency		10,380		27		33		33		10,341
Total available for sale	$	264,706	$	573	$	2,510	$	3,821	$	258,948
Held to maturity:
Municipal bonds	$	10,942	$	6	$	40	$	40	$	10,868
Total held to maturity	$	10,942	$	6	$	40	$	40	$	10,868
(dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
					Less Than 1 Year		Over 1 Year
December 31, 2017
Available for sale:
U.S. agency mortgage-backed	$	84,639	$	619	$	270	$	298	$	84,690
Collateralized mortgage obligations		115,435		46		671		1,075		113,735
Municipal bonds		25,362		177		17		1		25,521
U.S. government agency		11,026		42		21		—		11,047
Total available for sale	$	236,462	$	884	$	979	$	1,374	$	234,993
Held to maturity:
Municipal bonds	$	13,034	$	54	$	18	$	15	$	13,055
Total held to maturity	$	13,034	$	54	$	18	$	15	$	13,055

Amortized Cost and Estimated Fair Value by Maturity of Company's Investment Securities

The estimated fair value and amortized cost by contractual maturity of the Company’s investment securities as of September 30, 2018 are shown in the following tables. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. The expected maturity of a security may differ from its contractual maturity because of prepayments or the exercise of call options. Accordingly, actual maturities may differ from contractual maturities.

(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Fair Value
Securities available for sale:
U.S. agency mortgage-backed	$	1,718	$	12,321	$	37,171	$	28,282	$	79,492
Collateralized mortgage obligations		—		5,662		18,171		123,608		147,441
Municipal bonds		3,585		9,919		5,355		2,815		21,674
U.S. government agency		4,965		—		3,940		1,436		10,341
Total securities available for sale	$	10,268	$	27,902	$	64,637	$	156,141	$	258,948
Securities held to maturity:
Municipal bonds	$	—	$	5,767	$	4,055	$	1,046	$	10,868
Total securities held to maturity	$	—	$	5,767	$	4,055	$	1,046	$	10,868
(dollars in thousands)	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Amortized Cost
Securities available for sale:
U.S. agency mortgage-backed	$	1,720	$	12,693	$	38,212	$	28,292	$	80,917
Collateralized mortgage obligations		—		5,719		18,694		127,306		151,719
Municipal bonds		3,580		9,920		5,345		2,845		21,690
U.S. government agency		4,998		—		3,913		1,469		10,380
Total securities available for sale	$	10,298	$	28,332	$	66,164	$	159,912	$	264,706
Securities held to maturity:
Municipal bonds	$	—	$	5,777	$	4,108	$	1,057	$	10,942
Total securities held to maturity	$	—	$	5,777	$	4,108	$	1,057	$	10,942

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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings per common share were computed based on the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands, except per share data)	2018		2017		2018		2017
Numerator:
Net income available to common shareholders	$	8,262	$	4,090	$	23,501	$	13,582
Denominator:
Weighted average common shares outstanding		9,098		7,007		9,053		6,972
Effect of dilutive securities:
Restricted stock		19		3		21		3
Stock options		204		271		223		266
Weighted average common shares outstanding – assuming dilution		9,321		7,281		9,297		7,241
Basic earnings per common share	$	0.91	$	0.58	$	2.60	$	1.95
Diluted earnings per common share	$	0.89	$	0.56	$	2.53	$	1.88

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Credit Quality and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Allowance for Loan Losses and Recorded Investment in Loans

The allowance for loan losses and recorded investment in loans as of the dates indicated are as follows.

	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,861	$	—	$	53	$	1,914
Home equity loans and lines		692		348		52		1,092
Commercial real estate		5,144		187		237		5,568
Construction and land		2,021		—		6		2,027
Multi-family residential		540		—		60		600
Commercial and industrial		2,253		862		575		3,690
Consumer		484		—		368		852
Total allowance for loan losses	$	12,995	$	1,397	$	1,351	$	15,743
	As of September 30, 2018
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	221,283	$	—	$	235,514	$	456,797
Home equity loans and lines		52,734		885		32,786		86,405
Commercial real estate		417,338		5,944		206,015		629,297
Construction and land		139,869		—		34,704		174,573
Multi-family residential		43,219		—		12,934		56,153
Commercial and industrial		119,987		3,010		50,941		173,938
Consumer		37,929		—		17,927		55,856
Total loans	$	1,032,359	$	9,839	$	590,821	$	1,633,019

	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans		Total
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	—	$	89	$	1,663
Home equity loans and lines		676		348		78		1,102
Commercial real estate		4,766		—		140		4,906
Construction and land		1,742		—		7		1,749
Multi-family residential		355		—		—		355
Commercial and industrial		2,721		1,625		184		4,530
Consumer		496		—		6		502
Total allowance for loan losses	$	12,330	$	1,973	$	504	$	14,807
	As of December 31, 2017
	Originated Loans
(dollars in thousands)	Collectively Evaluated for Impairment		Individually Evaluated for Impairment		Acquired Loans(1)		Total
Loans:
One- to four-family first mortgage	$	199,199	$	—	$	278,012	$	477,211
Home equity loans and lines		53,349		925		40,171		94,445
Commercial real estate		369,740		22		241,596		611,358
Construction and land		124,963		—		52,300		177,263
Multi-family residential		30,540		—		20,438		50,978
Commercial and industrial		120,818		2,512		61,954		185,284
Consumer		39,854		—		21,402		61,256
Total loans	$	938,463	$	3,459	$	715,873	$	1,657,795

⁽¹⁾ $11.0 million and $14.2 million in Acquired Loans were deemed to be acquired impaired loans and were accounted for under ASC 310-30 at September 30, 2018 and December 31, 2017, respectively.

Schedule of Activity in Allowance for Loan Losses

A summary of activity in the allowance for loan losses for the nine months ended September 30, 2018 and September 30, 2017 follows.

	For the Nine Months Ended September 30, 2018
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision		Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,574	$	(1	)	$	—	$	288	$	1,861
Home equity loans and lines		1,024		—			3		13		1,040
Commercial real estate		4,766		—			—		565		5,331
Construction and land		1,742		—			—		279		2,021
Multi-family residential		355		—			—		185		540
Commercial and industrial		4,346		(1,503	)		153		119		3,115
Consumer		496		(60	)		13		35		484
Total allowance for loan losses	$	14,303	$	(1,564	)		169	$	1,484	$	14,392

Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	89	$	—		$	—	$	(36	)	$	53
Home equity loans and lines		78		—			—		(26	)		52
Commercial real estate		140		—			—		97			237
Construction and land		7		—			—		(1	)		6
Multi-family residential		—		—			—		60			60
Commercial and industrial		184		—			—		391			575
Consumer		6		—			—		362			368
Total allowance for loan losses	$	504	$	—		$	—	$	847		$	1,351
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,663	$	(1	)	$	—	$	252		$	1,914
Home equity loans and lines		1,102		—			3		(13	)		1,092
Commercial real estate		4,906		—			—		662			5,568
Construction and land		1,749		—			—		278			2,027
Multi-family residential		355		—			—		245			600
Commercial and industrial		4,530		(1,503	)		153		510			3,690
Consumer		502		(60	)		13		397			852
Total allowance for loan losses	$	14,807	$	(1,564	)	$	169	$	2,331		$	15,743
	For the Nine Months Ended September 30, 2017
(dollars in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision			Ending Balance
Originated loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,436	$	—		$	—	$	117		$	1,553
Home equity loans and lines		654		(10	)		18		399			1,061
Commercial real estate		4,177		(4	)		—		431			4,604
Construction and land		1,763		—			—		(86	)		1,677
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,316		(358	)		203		164			3,325
Consumer		513		(58	)		5		9			469
Total allowance for loan losses	$	12,220	$	(430	)	$	226	$	1,024		$	13,040
Acquired loans:
Allowance for loan losses:
One- to four-family first mortgage	$	75	$	—		$	—	$	(16	)	$	59
Home equity loans and lines		74		—			—		(12	)		62
Commercial real estate		—		—			—		77			77
Construction and land		19		—			—		(12	)		7
Multi-family residential		—		—			—		—			—
Commercial and industrial		123		—			—		53			176
Consumer		—		—			—		3			3
Total allowance for loan losses	$	291	$	—		$	—	$	93		$	384
Total loans:
Allowance for loan losses:
One- to four-family first mortgage	$	1,511	$	—		$	—	$	101		$	1,612
Home equity loans and lines		728		(10	)		18		387			1,123
Commercial real estate		4,177		(4	)		—		508			4,681
Construction and land		1,782		—			—		(98	)		1,684
Multi-family residential		361		—			—		(10	)		351
Commercial and industrial		3,439		(358	)		203		217			3,501
Consumer		513		(58	)		5		12			472
Total allowance for loan losses	$	12,511	$	(430	)	$	226	$	1,117		$	13,424

Schedule of Loan Portfolio by Credit Quality Classification

The following tables present the Company’s loan portfolio by credit quality classification as of the dates indicated.

	September 30, 2018
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	216,787	$	1,745	$	2,751	$	—	$	221,283
Home equity loans and lines		52,011		—		1,608		—		53,619
Commercial real estate		410,684		4,610		7,988		—		423,282
Construction and land		137,578		1,168		1,123		—		139,869
Multi-family residential		43,219		—		—		—		43,219
Commercial and industrial		112,336		4,537		6,124		—		122,997
Consumer		37,634		124		171		—		37,929
Total originated loans	$	1,010,249	$	12,184	$	19,765	$	—	$	1,042,198
Acquired loans:
One- to four-family first mortgage	$	226,735	$	1,806	$	6,973	$	—	$	235,514
Home equity loans and lines		32,321		188		277		—		32,786
Commercial real estate		187,358		8,343		10,314		—		206,015
Construction and land		32,839		1,302		563		—		34,704
Multi-family residential		12,091		588		255		—		12,934
Commercial and industrial		46,948		1,661		2,332		—		50,941
Consumer		17,510		170		247		—		17,927
Total acquired loans	$	555,802	$	14,058	$	20,961	$	—	$	590,821
Total loans:
One- to four-family first mortgage	$	443,522	$	3,551	$	9,724	$	—	$	456,797
Home equity loans and lines		84,332		188		1,885		—		86,405
Commercial real estate		598,042		12,953		18,302		—		629,297
Construction and land		170,417		2,470		1,686		—		174,573
Multi-family residential		55,310		588		255		—		56,153
Commercial and industrial		159,284		6,198		8,456		—		173,938
Consumer		55,144		294		418		—		55,856
Total loans	$	1,566,051	$	26,242	$	40,726	$	—	$	1,633,019

	December 31, 2017
(dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Originated loans:
One- to four-family first mortgage	$	196,203	$	990	$	2,006	$	—	$	199,199
Home equity loans and lines		52,492		283		1,499		—		54,274
Commercial real estate		356,020		5,080		8,662		—		369,762
Construction and land		122,076		2,043		844		—		124,963
Multi-family residential		30,540		—		—		—		30,540
Commercial and industrial		105,097		4,640		13,593		—		123,330
Consumer		39,335		120		399		—		39,854
Total originated loans	$	901,763	$	13,156	$	27,003	$	—	$	941,922
Acquired loans:
One- to four-family first mortgage	$	269,144	$	2,825	$	6,043	$	—	$	278,012
Home equity loans and lines		39,603		307		261		—		40,171
Commercial real estate		218,234		12,522		10,840		—		241,596
Construction and land		48,748		3,056		496		—		52,300
Multi-family residential		19,644		636		158		—		20,438
Commercial and industrial		56,635		2,998		2,321		—		61,954
Consumer		21,172		69		161		—		21,402
Total acquired loans	$	673,180	$	22,413	$	20,280	$	—	$	715,873
Total loans:
One- to four-family first mortgage	$	465,347	$	3,815	$	8,049	$	—	$	477,211
Home equity loans and lines		92,095		590		1,760		—		94,445
Commercial real estate		574,254		17,602		19,502		—		611,358
Construction and land		170,824		5,099		1,340		—		177,263
Multi-family residential		50,184		636		158		—		50,978
Commercial and industrial		161,732		7,638		15,914		—		185,284
Consumer		60,507		189		560		—		61,256
Total loans	$	1,574,943	$	35,569	$	47,283	$	—	$	1,657,795

Schedule of Past Due Loans

Age analysis of past due loans as of the dates indicated are as follows.

	September 30, 2018
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	1,271	$	374	$	371	$	2,016	$	219,267	$	221,283
Home equity loans and lines		177		44		26		247		53,372		53,619
Commercial real estate		242		1,016		167		1,425		421,857		423,282
Construction and land		6		—		—		6		139,863		139,869
Multi-family residential		—		—		—		—		43,219		43,219
Total real estate loans		1,696		1,434		564		3,694		877,578		881,272
Other loans:
Commercial and industrial		291		266		257		814		122,183		122,997
Consumer		314		85		84		483		37,446		37,929
Total other loans		605		351		341		1,297		159,629		160,926
Total originated loans	$	2,301	$	1,785	$	905	$	4,991	$	1,037,207	$	1,042,198
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,375	$	654	$	4,018	$	8,047	$	227,467	$	235,514
Home equity loans and lines		281		267		93		641		32,145		32,786
Commercial real estate		2,646		129		1,213		3,988		202,027		206,015
Construction and land		506		145		327		978		33,726		34,704
Multi-family residential		—		—		—		—		12,934		12,934
Total real estate loans		6,808		1,195		5,651		13,654		508,299		521,953
Other loans:
Commercial and industrial		960		91		160		1,211		49,730		50,941
Consumer		544		105		155		804		17,123		17,927
Total other loans		1,504		196		315		2,015		66,853		68,868
Total acquired loans	$	8,312	$	1,391	$	5,966	$	15,669	$	575,152	$	590,821
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,646	$	1,028	$	4,389	$	10,063	$	446,734	$	456,797
Home equity loans and lines		458		311		119		888		85,517		86,405
Commercial real estate		2,888		1,145		1,380		5,413		623,884		629,297
Construction and land		512		145		327		984		173,589		174,573
Multi-family residential		—		—		—		—		56,153		56,153
Total real estate loans		8,504		2,629		6,215		17,348		1,385,877		1,403,225
Other loans:
Commercial and industrial		1,251		357		417		2,025		171,913		173,938
Consumer		858		190		239		1,287		54,569		55,856
Total other loans		2,109		547		656		3,312		226,482		229,794
Total loans	$	10,613	$	3,176	$	6,871	$	20,660	$	1,612,359	$	1,633,019
	December 31, 2017
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	837	$	131	$	44	$	1,012	$	198,187	$	199,199
Home equity loans and lines		1,018		—		26		1,044		53,230		54,274
Commercial real estate		670		—		—		670		369,092		369,762
Construction and land		744		—		200		944		124,019		124,963
Multi-family residential		—		—		—		—		30,540		30,540
Total real estate loans		3,269		131		270		3,670		775,068		778,738
Other loans:
Commercial and industrial		882		825		1,641		3,348		119,982		123,330
Consumer		380		9		278		667		39,187		39,854
Total other loans		1,262		834		1,919		4,015		159,169		163,184
Total originated loans	$	4,531	$	965	$	2,189	$	7,685	$	934,237	$	941,922
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	3,867	$	2,087	$	2,816	$	8,770	$	269,242	$	278,012
Home equity loans and lines		137		61		46		244		39,927		40,171
Commercial real estate		5,071		436		1,864		7,371		234,225		241,596
Construction and land		2,089		159		239		2,487		49,813		52,300
Multi-family residential		—		—		—		—		20,438		20,438
Total real estate loans		11,164		2,743		4,965		18,872		613,645		632,517
Other loans:
Commercial and industrial		809		678		185		1,672		60,282		61,954
Consumer		329		152		95		576		20,826		21,402
Total other loans		1,138		830		280		2,248		81,108		83,356
Total acquired loans	$	12,302	$	3,573	$	5,245	$	21,120	$	694,753	$	715,873
Total loans:
Real estate loans:
One- to four-family first mortgage	$	4,704	$	2,218	$	2,860	$	9,782	$	467,429	$	477,211
Home equity loans and lines		1,155		61		72		1,288		93,157		94,445
Commercial real estate		5,741		436		1,864		8,041		603,317		611,358
Construction and land		2,833		159		439		3,431		173,832		177,263
Multi-family residential		—		—		—		—		50,978		50,978
Total real estate loans		14,433		2,874		5,235		22,542		1,388,713		1,411,255
Other loans:
Commercial and industrial		1,691		1,503		1,826		5,020		180,264		185,284
Consumer		709		161		373		1,243		60,013		61,256
Total other loans		2,400		1,664		2,199		6,263		240,277		246,540
Total loans	$	16,833	$	4,538	$	7,434	$	28,805	$	1,628,990	$	1,657,795

Summary of Accretable Yield on Loans Accounted for under ASC 310-30

The following table summarizes the accretable yield on loans accounted for under ASC 310-30 as of the dates indicated.

	For the Nine Months Ended
(dollars in thousands)	September 30, 2018			September 30, 2017
Balance at beginning of period	$	(9,303	)	$	(11,091	)
Accretion		1,849			2,495
Transfers from nonaccretable difference to accretable yield		(2,559	)		(1,208	)
Balance at end of period	$	(10,013	)	$	(9,804	)

Summary of Information Pertaining to Originated Loans Which were Deemed to be Impaired Loans

The following table summarizes information pertaining to Originated Loans, which were deemed impaired loans as of the dates indicated.

	For the Period Ended September 30, 2018
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		450		476		—		458		—
Commercial real estate		21		33		—		22		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		324		440		—		347		—
Consumer		—		—		—		—		—
Total	$	795	$	949	$	—	$	827	$	—
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		435		461		348		443		—
Commercial real estate		5,923		5,923		187		658		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,686		2,905		862		1,186		—
Consumer		—		—		—		—		—
Total	$	9,044	$	9,289	$	1,397	$	2,287	$	—
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		885		937		348		901		—
Commercial real estate		5,944		5,956		187		680		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		3,010		3,345		862		1,533		—
Consumer		—		—		—		—		—
Total	$	9,839	$	10,238	$	1,397	$	3,114	$	—
	For the Period Ended December 31, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		470		476		—		395		1
Commercial real estate		22		32		—		19		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		428		434		—		2,849		2
Consumer		—		—		—		—		—
Total	$	920	$	942	$	—	$	3,263	$	3
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		455		461		348		383		1
Commercial real estate		—		—		—		296		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,084		2,157		1,625		1,985		52
Consumer		—		—		—		—		—
Total	$	2,539	$	2,618	$	1,973	$	2,706	$	53
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	42	$	—
Home equity loans and lines		925		937		348		778		2
Commercial real estate		22		32		—		315		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,512		2,591		1,625		4,834		54
Consumer		—		—		—		—		—
Total	$	3,459	$	3,560	$	1,973	$	5,969	$	56
	For the Period Ended September 30, 2017
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines		473		476		—		370		18
Commercial real estate		23		33		—		18		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		2,952		3,131		—		3,209		133
Consumer		—		—		—		—		—
Total	$	3,448	$	3,640	$	—	$	3,597	$	152
With an allowance recorded:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		459		460		348		358		17
Commercial real estate		—		—		—		395		—
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		1,988		2,102		865		1,985		80
Consumer		—		—		—		—		—
Total	$	2,447	$	2,562	$	1,213	$	2,793	$	97
Total impaired loans:
One- to four-family first mortgage	$	—	$	—	$	—	$	55	$	—
Home equity loans and lines		932		936		348		728		35
Commercial real estate		23		33		—		413		1
Construction and land		—		—		—		—		—
Multi-family residential		—		—		—		—		—
Commercial and industrial		4,940		5,233		865		5,194		213
Consumer		—		—		—		—		—
Total	$	5,895	$	6,202	$	1,213	$	6,390	$	249

Summary of Information Pertaining to Nonaccrual Noncovered Loans

The following table summarizes information pertaining to nonaccrual loans as of dates indicated.

	September 30, 2018						December 31, 2017
(dollars in thousands)	Originated		Acquired(1)		Total		Originated		Acquired(1)		Total
Nonaccrual loans:
One- to four-family first mortgage	$	2,637	$	2,753	$	5,390	$	2,006	$	1,167	$	3,173
Home equity loans and lines		1,339		144		1,483		1,434		108		1,542
Commercial real estate		7,374		729		8,103		8,662		95		8,757
Construction and land		3		345		348		200		249		449
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		4,281		873		5,154		9,678		932		10,610
Consumer		171		226		397		399		103		502
Total	$	15,805	$	5,070	$	20,875	$	22,379	$	2,654	$	25,033

⁽¹⁾ Table excludes Acquired Loans which were being accounted for under ASC 310-30 because they continue to earn interest from accretable yield regardless of their status as past due or otherwise not in compliance with their contractual terms. Acquired Loans with deteriorated credit quality which were being accounting for under ASC 310-30 and which were 90 days or more past due totaled $2.5 million and $4.3 million as of September 30, 2018 and December 31, 2017, respectively.

Information about the Company's TDRs

Information about the Company’s TDRs is presented in the following tables.

	As of September 30, 2018
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	219	$	—	$	1,824	$	2,043
Home equity loans and lines		210		59		312		581
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,279		59		8,443		9,781
Other loans:
Commercial and industrial		—		—		466		466
Consumer		—		—		87		87
Total other loans		—		—		553		553
Total loans	$	1,279	$	59	$	8,996	$	10,334
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	210	$	—	$	—	$	210
Home equity loans and lines		—		—		68		68
Commercial real estate		—		—		—		—
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		210		—		68		278
Other loans:
Commercial and industrial		71		—		787		858
Consumer		8		—		12		20
Total other loans		79		—		799		878
Total loans	$	289	$	—	$	867	$	1,156
Total loans:
Real estate loans:
One- to four-family first mortgage	$	429	$	—	$	1,824	$	2,253
Home equity loans and lines		210		59		380		649
Commercial real estate		705		—		6,307		7,012
Construction and land		145		—		—		145
Multi-family residential		—		—		—		—
Total real estate loans		1,489		59		8,511		10,059
Other loans:
Commercial and industrial		71		—		1,253		1,324
Consumer		8		—		99		107
Total other loans		79		—		1,352		1,431
Total loans	$	1,568	$	59	$	9,863	$	11,490

	As of December 31, 2017
(dollars in thousands)	Current		Past Due Greater Than 30 Days		Nonaccrual TDRs		Total TDRs
Originated loans:
Real estate loans:
One- to four-family first mortgage	$	306	$	274	$	473	$	1,053
Home equity loans and lines		275		64		316		655
Commercial real estate		96		332		1,942		2,370
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		846		670		2,731		4,247
Other loans:
Commercial and industrial		—		—		4,581		4,581
Consumer		—		—		178		178
Total other loans		—		—		4,759		4,759
Total loans	$	846	$	670	$	7,490	$	9,006
Acquired loans:
Real estate loans:
One- to four-family first mortgage	$	214	$	3	$	59	$	276
Home equity loans and lines		—		—		91		91
Commercial real estate		—		803		—		803
Construction and land		—		—		—		—
Multi-family residential		—		—		—		—
Total real estate loans		214		806		150		1,170
Other loans:
Commercial and industrial		—		—		203		203
Consumer		—		—		—		—
Total other loans		—		—		203		203
Total loans	$	214	$	806	$	353	$	1,373
Total loans:
Real estate loans:
One- to four-family first mortgage	$	520	$	277	$	532	$	1,329
Home equity loans and lines		275		64		407		746
Commercial real estate		96		1,135		1,942		3,173
Construction and land		169		—		—		169
Multi-family residential		—		—		—		—
Total real estate loans		1,060		1,476		2,881		5,417
Other loans:
Commercial and industrial		—		—		4,784		4,784
Consumer		—		—		178		178
Total other loans		—		—		4,962		4,962
Total loans	$	1,060	$	1,476	$	7,843	$	10,379

Summary of Information Pertaining to Loans Modified

The following table summarizes information pertaining to loans modified as of the periods indicated.

	For the Nine Months Ended September 30,
	2018						2017
(dollars in thousands)	Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment		Number of Contracts		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment
Troubled debt restructurings:
One- to four-family first mortgage		2	$	1,132	$	1,131		5	$	268	$	263
Home equity loans and lines		—		—		—		2		38		37
Commercial real estate		1		6,423		5,923		1		431		431
Construction and land		—		—		—		—		—		—
Multi-family residential		—		—		—		—		—		—
Commercial and industrial		2		738		676		1		1,439		1,146
Other consumer		3		20		20		2		60		57
Total		8	$	8,313	$	7,750		11	$	2,236	$	1,934

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Fair Value Measurements and Disclosures (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Summary of Assets Measured on Recurring Basis

The following tables present the balances of assets measured for fair value on a recurring basis as of September 30, 2018 and December 31, 2017.

(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	79,492	$	—	$	79,492	$	—
Collateralized mortgage obligations		147,441		—		147,441		—
Municipal bonds		21,674		—		21,674		—
U.S. government agency		10,341		—		10,341		—
Total	$	258,948	$	—	$	258,948	$	—
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Available for sale securities:
U.S. agency mortgage-backed	$	84,690	$	—	$	84,690	$	—
Collateralized mortgage obligations		113,735		—		113,735		—
Municipal bonds		25,521		—		25,521		—
U.S. government agency		11,047		—		11,047		—
Total	$	234,993	$	—	$	234,993	$	—

Summary of Financial Assets Measured at Fair Value on Nonrecurring Basis

The Company has segregated all financial assets that are measured at fair value on a nonrecurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date as reflected in the table below.

			Fair Value Measurements Using
(dollars in thousands)	September 30, 2018		Level 1		Level 2		Level 3
Assets
Impaired loans	$	8,442	$	—	$	—	$	8,442
Repossessed assets		571		—		—		571
Total	$	9,013	$	—	$	—	$	9,013
			Fair Value Measurements Using
(dollars in thousands)	December 31, 2017		Level 1		Level 2		Level 3
Assets
Impaired loans	$	1,486	$	—	$	—	$	1,486
Repossessed assets		728		—		—		728
Total	$	2,214	$	—	$	—	$	2,214

Schedule of Significant Unobservable Inputs Used in Fair Value Measurement of Level 3 Assets

The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets.

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of September 30, 2018:
Impaired loans	$	8,442	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 80%		14	%
Repossessed assets	$	571	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		42	%

(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Range of Discounts		Weighted Average Discount
As of December 31, 2017:
Impaired loans	$	1,486	Third party appraisals and discounted cash flows	Collateral discounts and discount rates		0% - 100%		57	%
Repossessed assets	$	728	Third party appraisals, sales contracts, broker price opinions	Collateral discounts and estimated costs to sell		6% - 100%		28	%

Summary of Fair Values of Company's Financial Instruments

The following table presents estimated fair values of the Company’s financial instruments as of the dates indicated.

			Fair Value Measurements at September 30, 2018
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	61,724	$	61,724	$	61,724	$	—	$	—
Interest-bearing deposits in banks		1,184		1,184		1,184		—		—
Investment securities available for sale		258,948		258,948		—		258,948		—
Investment securities held to maturity		10,942		10,868		—		10,868		—
Mortgage loans held for sale		3,470		3,470		—		3,470		—
Loans, net		1,617,276		1,590,380		—		1,581,938		8,442
Cash surrender value of BOLI		29,394		29,394		29,394		—		—
Financial Liabilities
Deposits	$	1,771,312	$	1,766,441	$	—	$	1,766,441	$	—
Short-term FHLB advances		41		41		41		—		—
Long-term FHLB advances		59,536		57,879		—		57,879		—
			Fair Value Measurements at December 31, 2017
	Carrying
(dollars in thousands)	Amount		Total		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	150,418	$	150,418	$	150,418	$	—	$	—
Interest-bearing deposits in banks		2,421		2,421		2,421		—		—
Investment securities available for sale		234,993		234,993		—		234,993		—
Investment securities held to maturity		13,034		13,055		—		13,055		—
Mortgage loans held for sale		5,873		5,873		—		5,873		—
Loans, net		1,642,988		1,642,634		—		1,641,148		1,486
Cash surrender value of BOLI		28,904		28,904		28,904		—		—
Financial Liabilities
Deposits	$	1,866,227	$	1,864,735	$	—	$	1,864,735	$	—
Short-term FHLB advances		3,642		3,642		3,642		—		—
Long-term FHLB advances		68,183		67,143		—		67,143		—

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Recent Accounting Pronouncements - Additional Information (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Statutory tax rate	21.00%	35.00%
New Accounting Pronouncement, Early Adoption, Reduction [Member] | ASU 2018-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Tax Cuts and Jobs Act of 2017, Reclassification from accumulated other comprehensive income to retained earnings	$ 206,000
Maximum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Percentage of increase in assets and liabilities	1.00%

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Investment Securities - Summary Information Regarding Investment Securities Classified as Available for Sale and Held to Maturity (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Available for sale, Amortized Cost	$ 264,706	$ 236,462
Available for sale, Gross Unrealized Gains	573	884
Available for sale, Gross Unrealized Losses, Less Than 1 Year	2,510	979
Available for sale, Gross Unrealized Losses, Over 1 Year	3,821	1,374
Total available for sale, Fair Value	258,948	234,993
Held to maturity, Amortized Cost	10,942	13,034
Held to maturity, Gross Unrealized Gains	6	54
Held to maturity, Gross Unrealized Losses, Less Than 1 Year	40	18
Held to maturity, Gross Unrealized Losses, Over 1 Year	40	15
Total held to maturity, Fair Value	10,868	13,055
Municipal Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale, Amortized Cost	21,690	25,362
Available for sale, Gross Unrealized Gains	57	177
Available for sale, Gross Unrealized Losses, Less Than 1 Year	73	17
Available for sale, Gross Unrealized Losses, Over 1 Year		1
Total available for sale, Fair Value	21,674	25,521
Held to maturity, Amortized Cost	10,942	13,034
Held to maturity, Gross Unrealized Gains	6	54
Held to maturity, Gross Unrealized Losses, Less Than 1 Year	40	18
Held to maturity, Gross Unrealized Losses, Over 1 Year	40	15
Total held to maturity, Fair Value	10,868	13,055
U.S. Agency Mortgage-Backed [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale, Amortized Cost	80,917	84,639
Available for sale, Gross Unrealized Gains	447	619
Available for sale, Gross Unrealized Losses, Less Than 1 Year	1,083	270
Available for sale, Gross Unrealized Losses, Over 1 Year	789	298
Total available for sale, Fair Value	79,492	84,690
Collateralized Mortgage Obligations [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale, Amortized Cost	151,719	115,435
Available for sale, Gross Unrealized Gains	42	46
Available for sale, Gross Unrealized Losses, Less Than 1 Year	1,321	671
Available for sale, Gross Unrealized Losses, Over 1 Year	2,999	1,075
Total available for sale, Fair Value	147,441	113,735
U.S. Government Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale, Amortized Cost	10,380	11,026
Available for sale, Gross Unrealized Gains	27	42
Available for sale, Gross Unrealized Losses, Less Than 1 Year	33	21
Available for sale, Gross Unrealized Losses, Over 1 Year	33
Total available for sale, Fair Value	$ 10,341	$ 11,047

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Investment Securities - Amortized Cost and Estimated Fair Value by Maturity of Company's Investment Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt and Equity Securities, FV-NI [Line Items]
Securities available for sale, One Year or Less, Fair Value	$ 10,268
Securities available for sale, One Year to Five Years, Fair Value	27,902
Securities available for sale, Five to Ten Years, Fair Value	64,637
Securities available for sale, Over Ten Years, Fair Value	156,141
Total available for sale, Fair Value	258,948	$ 234,993
Total held to maturity, Fair Value	10,868	13,055
Investment securities, One Year or Less, Fair Value	0
Investment securities, One Year to Five Years, Fair Value	5,767
Investment securities, Five to Ten Years, Fair Value	4,055
Investment securities, Over Ten Years, Fair Value	1,046
Total investment securities, Fair Value	10,868
Securities available for sale, Amortized Cost, One Year or Less	10,298
Securities available for sale, Amortized Cost, One Year to Five Years	28,332
Securities available for sale, Amortized Cost, Five to Ten Years	66,164
Securities available for sale, Amortized Cost, Over Ten Years	159,912
Available for sale, Amortized Cost	264,706	236,462
Held to maturity, Amortized Cost	10,942	13,034
Investment securities, Amortized Cost, One Year or Less	0
Investment securities, Amortized Cost, One Year to Five Years	5,777
Investment securities, Amortized Cost, Five to Ten Years	4,108
Investment securities, Amortized Cost, Over Ten Years	1,057
Total investment securities, Amortized Cost	10,942
Municipal Bonds [Member]
Debt and Equity Securities, FV-NI [Line Items]
Securities available for sale, One Year or Less, Fair Value	3,585
Securities available for sale, One Year to Five Years, Fair Value	9,919
Securities available for sale, Five to Ten Years, Fair Value	5,355
Securities available for sale, Over Ten Years, Fair Value	2,815
Total available for sale, Fair Value	21,674	25,521
Securities held to maturity, One Year or Less, Fair Value	0
Securities held to maturity, One Year to Five Years, Fair Value	5,767
Securities held to maturity, Five to Ten Years, Fair Value	4,055
Securities held to maturity, Over Ten Years, Fair Value	1,046
Total held to maturity, Fair Value	10,868	13,055
Securities available for sale, Amortized Cost, One Year or Less	3,580
Securities available for sale, Amortized Cost, One Year to Five Years	9,920
Securities available for sale, Amortized Cost, Five to Ten Years	5,345
Securities available for sale, Amortized Cost, Over Ten Years	2,845
Available for sale, Amortized Cost	21,690	25,362
Securities held to maturity, Amortized Cost, One Year or Less	0
Securities held to maturity, Amortized Cost, One Year to Five Years	5,777
Securities held to maturity, Amortized Cost, Five to Ten Years	4,108
Securities held to maturity, Amortized Cost, Over Ten Years	1,057
Held to maturity, Amortized Cost	10,942	13,034
U.S. Agency Mortgage-Backed [Member]
Debt and Equity Securities, FV-NI [Line Items]
Securities available for sale, One Year or Less, Fair Value	1,718
Securities available for sale, One Year to Five Years, Fair Value	12,321
Securities available for sale, Five to Ten Years, Fair Value	37,171
Securities available for sale, Over Ten Years, Fair Value	28,282
Total available for sale, Fair Value	79,492	84,690
Securities available for sale, Amortized Cost, One Year or Less	1,720
Securities available for sale, Amortized Cost, One Year to Five Years	12,693
Securities available for sale, Amortized Cost, Five to Ten Years	38,212
Securities available for sale, Amortized Cost, Over Ten Years	28,292
Available for sale, Amortized Cost	80,917	84,639
Collateralized Mortgage Obligations [Member]
Debt and Equity Securities, FV-NI [Line Items]
Securities available for sale, One Year to Five Years, Fair Value	5,662
Securities available for sale, Five to Ten Years, Fair Value	18,171
Securities available for sale, Over Ten Years, Fair Value	123,608
Total available for sale, Fair Value	147,441	113,735
Securities available for sale, Amortized Cost, One Year to Five Years	5,719
Securities available for sale, Amortized Cost, Five to Ten Years	18,694
Securities available for sale, Amortized Cost, Over Ten Years	127,306
Available for sale, Amortized Cost	151,719	115,435
U.S. Government Agency [Member]
Debt and Equity Securities, FV-NI [Line Items]
Securities available for sale, One Year or Less, Fair Value	4,965
Securities available for sale, Five to Ten Years, Fair Value	3,940
Securities available for sale, Over Ten Years, Fair Value	1,436
Total available for sale, Fair Value	10,341	11,047
Securities available for sale, Amortized Cost, One Year or Less	4,998
Securities available for sale, Amortized Cost, Five to Ten Years	3,913
Securities available for sale, Amortized Cost, Over Ten Years	1,469
Available for sale, Amortized Cost	$ 10,380	$ 11,026

XML

Investment Securities - Additional Information (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2018 USD ($) Securities	Dec. 31, 2017 USD ($)
Investments, Debt and Equity Securities [Abstract]
Number of securities with unrealized loss | Securities	184
Percentage of gross unrealized loss	2.80%
Percentage of amortized investment securities portfolio	2.30%
Number of securities in continuous loss position | Securities	59
Loss duration	12 months
Unrealized loss on debt securities	$ 3,800
Amortized cost on debt securities in continuous loss	94,100
Securities pledged to secure public deposits	$ 152,374	$ 121,984

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Earnings Per Share - Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Numerator:
Net income available to common shareholders	$ 8,262	$ 4,090	$ 23,501	$ 13,582
Denominator:
Weighted average common shares outstanding	9,098	7,007	9,053	6,972
Effect of dilutive securities:
Weighted average common shares outstanding-assuming dilution	9,321	7,281	9,297	7,241
Basic earnings per common share	$ 0.91	$ 0.58	$ 2.60	$ 1.95
Diluted earnings per common share	$ 0.89	$ 0.56	$ 2.53	$ 1.88
Restricted Stock [Member]
Effect of dilutive securities:
Restricted stock / Stock options	19	3	21	3
Stock Options [Member]
Effect of dilutive securities:
Restricted stock / Stock options	204	271	223	266

XML

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Number of options and common stock not included in computing diluted earnings per share	27,934	77,024	15,850	60,849

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Credit Quality and Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	$ 15,743	$ 14,807
Recorded investment in loans	1,633,019	1,657,795
One- to Four-Family First Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	1,914	1,663
Recorded investment in loans	456,797	477,211
Home Equity Loans and Lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	1,092	1,102
Recorded investment in loans	86,405	94,445
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	5,568	4,906
Recorded investment in loans	629,297	611,358
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	2,027	1,749
Recorded investment in loans	174,573	177,263
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	600	355
Recorded investment in loans	56,153	50,978
Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	3,690	4,530
Recorded investment in loans	173,938	185,284
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	852	502
Recorded investment in loans	55,856	61,256
Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	12,995	12,330
Individually evaluated for impairment, Allowance for loan losses	1,397	1,973
Collectively evaluated for impairment, Recorded investment in loans	1,032,359	938,463
Individually evaluated for impairment, Recorded investment in loans	9,839	3,459
Recorded investment in loans	1,042,198	941,922
Originated Loans [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	1,861	1,574
Collectively evaluated for impairment, Recorded investment in loans	221,283	199,199
Recorded investment in loans	221,283	199,199
Originated Loans [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	692	676
Individually evaluated for impairment, Allowance for loan losses	348	348
Collectively evaluated for impairment, Recorded investment in loans	52,734	53,349
Individually evaluated for impairment, Recorded investment in loans	885	925
Recorded investment in loans	53,619	54,274
Originated Loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	5,144	4,766
Individually evaluated for impairment, Allowance for loan losses	187
Collectively evaluated for impairment, Recorded investment in loans	417,338	369,740
Individually evaluated for impairment, Recorded investment in loans	5,944	22
Recorded investment in loans	423,282	369,762
Originated Loans [Member] | Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	2,021	1,742
Collectively evaluated for impairment, Recorded investment in loans	139,869	124,963
Recorded investment in loans	139,869	124,963
Originated Loans [Member] | Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	540	355
Collectively evaluated for impairment, Recorded investment in loans	43,219	30,540
Recorded investment in loans	43,219	30,540
Originated Loans [Member] | Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	2,253	2,721
Individually evaluated for impairment, Allowance for loan losses	862	1,625
Collectively evaluated for impairment, Recorded investment in loans	119,987	120,818
Individually evaluated for impairment, Recorded investment in loans	3,010	2,512
Recorded investment in loans	122,997	123,330
Originated Loans [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment, Allowance for loan losses	484	496
Collectively evaluated for impairment, Recorded investment in loans	37,929	39,854
Recorded investment in loans	37,929	39,854
Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	1,351	504
Recorded investment in loans	590,821	715,873
Acquired Loans [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	53	89
Recorded investment in loans	235,514	278,012
Acquired Loans [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	52	78
Recorded investment in loans	32,786	40,171
Acquired Loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	237	140
Recorded investment in loans	206,015	241,596
Acquired Loans [Member] | Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	6	7
Recorded investment in loans	34,704	52,300
Acquired Loans [Member] | Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	60
Recorded investment in loans	12,934	20,438
Acquired Loans [Member] | Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	575	184
Recorded investment in loans	50,941	61,954
Acquired Loans [Member] | Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	368	6
Recorded investment in loans	$ 17,927	$ 21,402

XML

Credit Quality and Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Loans (Parenthetical) (Detail) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
GS Financial Corp [Member] | Britton And Koontz Bank, St. Martin Bancshares, Inc[Member] | Covered Loan [Member] | ASC 310-30 [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Acquired loans	$ 11.0	$ 14.2

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Credit Quality and Allowance for Loan Losses - Schedule of Activity in Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 14,807	$ 12,511
Charge-offs			(1,564)	(430)
Recoveries			169	226
Provision	$ 786	$ 660	2,331	1,117
Ending balance	15,743	13,424	15,743	13,424
Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			14,303	12,220
Charge-offs			(1,564)	(430)
Recoveries			169	226
Provision			1,484	1,024
Ending balance	14,392	13,040	14,392	13,040
Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			504	291
Provision			847	93
Ending balance	1,351	384	1,351	384
One- to Four-Family First Mortgage [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,663	1,511
Charge-offs			(1)
Provision			252	101
Ending balance	1,914	1,612	1,914	1,612
One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,574	1,436
Charge-offs			(1)
Provision			288	117
Ending balance	1,861	1,553	1,861	1,553
One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			89	75
Provision			(36)	(16)
Ending balance	53	59	53	59
Home Equity Loans and Lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,102	728
Charge-offs				(10)
Recoveries			3	18
Provision			(13)	387
Ending balance	1,092	1,123	1,092	1,123
Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,024	654
Charge-offs				(10)
Recoveries			3	18
Provision			13	399
Ending balance	1,040	1,061	1,040	1,061
Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			78	74
Provision			(26)	(12)
Ending balance	52	62	52	62
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			4,906	4,177
Charge-offs				(4)
Provision			662	508
Ending balance	5,568	4,681	5,568	4,681
Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			4,766	4,177
Charge-offs				(4)
Provision			565	431
Ending balance	5,331	4,604	5,331	4,604
Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			140
Provision			97	77
Ending balance	237	77	237	77
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,749	1,782
Provision			278	(98)
Ending balance	2,027	1,684	2,027	1,684
Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1,742	1,763
Provision			279	(86)
Ending balance	2,021	1,677	2,021	1,677
Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			7	19
Provision			(1)	(12)
Ending balance	6	7	6	7
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			355	361
Provision			245	(10)
Ending balance	600	351	600	351
Multi-Family Residential [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			355	361
Provision			185	(10)
Ending balance	540	351	540	351
Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Provision			60
Ending balance	60		60
Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			4,530	3,439
Charge-offs			(1,503)	(358)
Recoveries			153	203
Provision			510	217
Ending balance	3,690	3,501	3,690	3,501
Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			4,346	3,316
Charge-offs			(1,503)	(358)
Recoveries			153	203
Provision			119	164
Ending balance	3,115	3,325	3,115	3,325
Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			184	123
Provision			391	53
Ending balance	575	176	575	176
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			502	513
Charge-offs			(60)	(58)
Recoveries			13	5
Provision			397	12
Ending balance	852	472	852	472
Consumer [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			496	513
Charge-offs			(60)	(58)
Recoveries			13	5
Provision			35	9
Ending balance	484	469	484	469
Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			6
Provision			362	3
Ending balance	$ 368	$ 3	$ 368	$ 3

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Credit Quality and Allowance for Loan Losses - Schedule of Loan Portfolio by Credit Quality Classification (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,633,019	$ 1,657,795
Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,042,198	941,922
Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	590,821	715,873
One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	456,797	477,211
One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	221,283	199,199
One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	235,514	278,012
Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	86,405	94,445
Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	53,619	54,274
Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	32,786	40,171
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	629,297	611,358
Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	423,282	369,762
Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	206,015	241,596
Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	174,573	177,263
Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	139,869	124,963
Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	34,704	52,300
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	56,153	50,978
Multi-Family Residential [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	43,219	30,540
Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,934	20,438
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	173,938	185,284
Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	122,997	123,330
Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	50,941	61,954
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	55,856	61,256
Consumer [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	37,929	39,854
Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	17,927	21,402
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,566,051	1,574,943
Pass [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,010,249	901,763
Pass [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	555,802	673,180
Pass [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	443,522	465,347
Pass [Member] | One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	216,787	196,203
Pass [Member] | One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	226,735	269,144
Pass [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	84,332	92,095
Pass [Member] | Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	52,011	52,492
Pass [Member] | Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	32,321	39,603
Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	598,042	574,254
Pass [Member] | Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	410,684	356,020
Pass [Member] | Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	187,358	218,234
Pass [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	170,417	170,824
Pass [Member] | Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	137,578	122,076
Pass [Member] | Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	32,839	48,748
Pass [Member] | Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	55,310	50,184
Pass [Member] | Multi-Family Residential [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	43,219	30,540
Pass [Member] | Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,091	19,644
Pass [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	159,284	161,732
Pass [Member] | Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	112,336	105,097
Pass [Member] | Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	46,948	56,635
Pass [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	55,144	60,507
Pass [Member] | Consumer [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	37,634	39,335
Pass [Member] | Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	17,510	21,172
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	26,242	35,569
Special Mention [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,184	13,156
Special Mention [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	14,058	22,413
Special Mention [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,551	3,815
Special Mention [Member] | One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,745	990
Special Mention [Member] | One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,806	2,825
Special Mention [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	188	590
Special Mention [Member] | Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans		283
Special Mention [Member] | Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	188	307
Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,953	17,602
Special Mention [Member] | Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,610	5,080
Special Mention [Member] | Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,343	12,522
Special Mention [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,470	5,099
Special Mention [Member] | Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,168	2,043
Special Mention [Member] | Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,302	3,056
Special Mention [Member] | Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	588	636
Special Mention [Member] | Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	588	636
Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,198	7,638
Special Mention [Member] | Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,537	4,640
Special Mention [Member] | Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,661	2,998
Special Mention [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	294	189
Special Mention [Member] | Consumer [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	124	120
Special Mention [Member] | Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	170	69
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	40,726	47,283
Substandard [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,765	27,003
Substandard [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,961	20,280
Substandard [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,724	8,049
Substandard [Member] | One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,751	2,006
Substandard [Member] | One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,973	6,043
Substandard [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,885	1,760
Substandard [Member] | Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,608	1,499
Substandard [Member] | Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	277	261
Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	18,302	19,502
Substandard [Member] | Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,988	8,662
Substandard [Member] | Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	10,314	10,840
Substandard [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,686	1,340
Substandard [Member] | Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,123	844
Substandard [Member] | Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	563	496
Substandard [Member] | Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	255	158
Substandard [Member] | Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	255	158
Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,456	15,914
Substandard [Member] | Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,124	13,593
Substandard [Member] | Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,332	2,321
Substandard [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	418	560
Substandard [Member] | Consumer [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	171	399
Substandard [Member] | Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 247	$ 161

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Credit Quality and Allowance for Loan Losses - Schedule of Past Due Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 20,660	$ 28,805
Current Loans	1,612,359	1,628,990
Total loans	1,633,019	1,657,795
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10,613	16,833
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,176	4,538
Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,871	7,434
Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,991	7,685
Current Loans	1,037,207	934,237
Total loans	1,042,198	941,922
Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,301	4,531
Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,785	965
Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	905	2,189
Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15,669	21,120
Current Loans	575,152	694,753
Total loans	590,821	715,873
Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,312	12,302
Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,391	3,573
Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,966	5,245
Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	17,348	22,542
Current Loans	1,385,877	1,388,713
Total loans	1,403,225	1,411,255
Real Estate Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,504	14,433
Real Estate Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,629	2,874
Real Estate Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,215	5,235
Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,694	3,670
Current Loans	877,578	775,068
Total loans	881,272	778,738
Real Estate Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,696	3,269
Real Estate Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,434	131
Real Estate Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	564	270
Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13,654	18,872
Current Loans	508,299	613,645
Total loans	521,953	632,517
Real Estate Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,808	11,164
Real Estate Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,195	2,743
Real Estate Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,651	4,965
Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,312	6,263
Current Loans	226,482	240,277
Total loans	229,794	246,540
Other Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,109	2,400
Other Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	547	1,664
Other Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	656	2,199
Other Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,297	4,015
Current Loans	159,629	159,169
Total loans	160,926	163,184
Other Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	605	1,262
Other Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	351	834
Other Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	341	1,919
Other Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,015	2,248
Current Loans	66,853	81,108
Total loans	68,868	83,356
Other Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,504	1,138
Other Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	196	830
Other Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	315	280
One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	456,797	477,211
One- to Four-Family First Mortgage [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	221,283	199,199
One- to Four-Family First Mortgage [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	235,514	278,012
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10,063	9,782
Current Loans	446,734	467,429
Total loans	456,797	477,211
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,646	4,704
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,028	2,218
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,389	2,860
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,016	1,012
Current Loans	219,267	198,187
Total loans	221,283	199,199
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,271	837
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	374	131
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	371	44
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,047	8,770
Current Loans	227,467	269,242
Total loans	235,514	278,012
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,375	3,867
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	654	2,087
One- to Four-Family First Mortgage [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,018	2,816
Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	86,405	94,445
Home Equity Loans and Lines [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	53,619	54,274
Home Equity Loans and Lines [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	32,786	40,171
Home Equity Loans and Lines [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	888	1,288
Current Loans	85,517	93,157
Total loans	86,405	94,445
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	458	1,155
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	311	61
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	119	72
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	247	1,044
Current Loans	53,372	53,230
Total loans	53,619	54,274
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	177	1,018
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	44
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	26	26
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	641	244
Current Loans	32,145	39,927
Total loans	32,786	40,171
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	281	137
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	267	61
Home Equity Loans and Lines [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	93	46
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	629,297	611,358
Commercial Real Estate [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	423,282	369,762
Commercial Real Estate [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	206,015	241,596
Commercial Real Estate [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,413	8,041
Current Loans	623,884	603,317
Total loans	629,297	611,358
Commercial Real Estate [Member] | Real Estate Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,888	5,741
Commercial Real Estate [Member] | Real Estate Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,145	436
Commercial Real Estate [Member] | Real Estate Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,380	1,864
Commercial Real Estate [Member] | Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,425	670
Current Loans	421,857	369,092
Total loans	423,282	369,762
Commercial Real Estate [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	242	670
Commercial Real Estate [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,016
Commercial Real Estate [Member] | Real Estate Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	167
Commercial Real Estate [Member] | Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,988	7,371
Current Loans	202,027	234,225
Total loans	206,015	241,596
Commercial Real Estate [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,646	5,071
Commercial Real Estate [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	129	436
Commercial Real Estate [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,213	1,864
Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	174,573	177,263
Construction and Land [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	139,869	124,963
Construction and Land [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	34,704	52,300
Construction and Land [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	984	3,431
Current Loans	173,589	173,832
Total loans	174,573	177,263
Construction and Land [Member] | Real Estate Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	512	2,833
Construction and Land [Member] | Real Estate Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	145	159
Construction and Land [Member] | Real Estate Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	327	439
Construction and Land [Member] | Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6	944
Current Loans	139,863	124,019
Total loans	139,869	124,963
Construction and Land [Member] | Real Estate Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6	744
Construction and Land [Member] | Real Estate Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		200
Construction and Land [Member] | Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	978	2,487
Current Loans	33,726	49,813
Total loans	34,704	52,300
Construction and Land [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	506	2,089
Construction and Land [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	145	159
Construction and Land [Member] | Real Estate Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	327	239
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	56,153	50,978
Multi-Family Residential [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	43,219	30,540
Multi-Family Residential [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	12,934	20,438
Multi-Family Residential [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	56,153	50,978
Total loans	56,153	50,978
Multi-Family Residential [Member] | Real Estate Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	43,219	30,540
Total loans	43,219	30,540
Multi-Family Residential [Member] | Real Estate Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	12,934	20,438
Total loans	12,934	20,438
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	173,938	185,284
Commercial and Industrial [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	122,997	123,330
Commercial and Industrial [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	50,941	61,954
Commercial and Industrial [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,025	5,020
Current Loans	171,913	180,264
Total loans	173,938	185,284
Commercial and Industrial [Member] | Other Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,251	1,691
Commercial and Industrial [Member] | Other Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	357	1,503
Commercial and Industrial [Member] | Other Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	417	1,826
Commercial and Industrial [Member] | Other Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	814	3,348
Current Loans	122,183	119,982
Total loans	122,997	123,330
Commercial and Industrial [Member] | Other Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	291	882
Commercial and Industrial [Member] | Other Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	266	825
Commercial and Industrial [Member] | Other Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	257	1,641
Commercial and Industrial [Member] | Other Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,211	1,672
Current Loans	49,730	60,282
Total loans	50,941	61,954
Commercial and Industrial [Member] | Other Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	960	809
Commercial and Industrial [Member] | Other Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	91	678
Commercial and Industrial [Member] | Other Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	160	185
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	55,856	61,256
Consumer [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	37,929	39,854
Consumer [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	17,927	21,402
Consumer [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,287	1,243
Current Loans	54,569	60,013
Total loans	55,856	61,256
Consumer [Member] | Other Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	858	709
Consumer [Member] | Other Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	190	161
Consumer [Member] | Other Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	239	373
Consumer [Member] | Other Loans [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	483	667
Current Loans	37,446	39,187
Total loans	37,929	39,854
Consumer [Member] | Other Loans [Member] | Originated Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	314	380
Consumer [Member] | Other Loans [Member] | Originated Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	85	9
Consumer [Member] | Other Loans [Member] | Originated Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	84	278
Consumer [Member] | Other Loans [Member] | Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	804	576
Current Loans	17,123	20,826
Total loans	17,927	21,402
Consumer [Member] | Other Loans [Member] | Acquired Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	544	329
Consumer [Member] | Other Loans [Member] | Acquired Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	105	152
Consumer [Member] | Other Loans [Member] | Acquired Loans [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 155	$ 95

XML

Credit Quality and Allowance for Loan Losses - Additional Information (Detail)	9 Months Ended	12 Months Ended
	Sep. 30, 2018 USD ($) TDRs	Dec. 31, 2017 USD ($)
Receivables [Abstract]
Financing receivable, recorded investment, 90 days past due and still accruing	$ 0	$ 0
Maximum period of non-covered loans past due and accruing	90 days	90 days
Performing TDR not defaulted subsequent to restructuring or to the date financial statements available | TDRs	0
Troubled debt restructuring performed	$ 0

XML

Credit Quality and Allowance for Loan Losses - Summary of Accretable Yield on Loans Accounted for under ASC 310-30 (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Business Combinations [Abstract]
Balance at beginning of period	$ (9,303)	$ (11,091)
Accretion	1,849	2,495
Transfers from nonaccretable difference to accretable yield	(2,559)	(1,208)
Balance at end of period	$ (10,013)	$ (9,804)

XML

Credit Quality and Allowance for Loan Losses - Summary of Information Pertaining to Originated Loans Which were Deemed to be Impaired Loans (Detail) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded, Recorded Investment	$ 795	$ 3,448	$ 920
Impaired loans with no related allowance recorded, Unpaid Principal Balance	949	3,640	942
Impaired loans with no related allowance recorded, Average Recorded Investment	827	3,597	3,263
Impaired loans with no related allowance recorded, Interest Income Recognized		152	3
Impaired loans with an allowance recorded, Recorded Investment	9,044	2,447	2,539
Impaired loans with an allowance recorded, Unpaid Principal Balance	9,289	2,562	2,618
Impaired loans with an allowance recorded, Related Allowance	1,397	1,213	1,973
Impaired loans with an allowance recorded, Average Recorded Investment	2,287	2,793	2,706
Impaired loans with an allowance recorded, Interest Income Recognized		97	53
Impaired loans Recorded Investment	9,839	5,895	3,459
Impaired loans Unpaid Principal Balance	10,238	6,202	3,560
Impaired loans Related Allowance	1,397	1,213	1,973
Impaired loans Average Recorded Investment	3,114	6,390	5,969
Impaired loans Interest Income Recognized		249	56
One- to Four-Family First Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with an allowance recorded, Average Recorded Investment		55	42
Impaired loans Average Recorded Investment		55	42
Home Equity Loans and Lines [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded, Recorded Investment	450	473	470
Impaired loans with no related allowance recorded, Unpaid Principal Balance	476	476	476
Impaired loans with no related allowance recorded, Average Recorded Investment	458	370	395
Impaired loans with no related allowance recorded, Interest Income Recognized		18	1
Impaired loans with an allowance recorded, Recorded Investment	435	459	455
Impaired loans with an allowance recorded, Unpaid Principal Balance	461	460	461
Impaired loans with an allowance recorded, Related Allowance	348	348	348
Impaired loans with an allowance recorded, Average Recorded Investment	443	358	383
Impaired loans with an allowance recorded, Interest Income Recognized		17	1
Impaired loans Recorded Investment	885	932	925
Impaired loans Unpaid Principal Balance	937	936	937
Impaired loans Related Allowance	348	348	348
Impaired loans Average Recorded Investment	901	728	778
Impaired loans Interest Income Recognized		35	2
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded, Recorded Investment	21	23	22
Impaired loans with no related allowance recorded, Unpaid Principal Balance	33	33	32
Impaired loans with no related allowance recorded, Average Recorded Investment	22	18	19
Impaired loans with no related allowance recorded, Interest Income Recognized		1
Impaired loans with an allowance recorded, Recorded Investment	5,923
Impaired loans with an allowance recorded, Unpaid Principal Balance	5,923
Impaired loans with an allowance recorded, Related Allowance	187
Impaired loans with an allowance recorded, Average Recorded Investment	658	395	296
Impaired loans Recorded Investment	5,944	23	22
Impaired loans Unpaid Principal Balance	5,956	33	32
Impaired loans Related Allowance	187
Impaired loans Average Recorded Investment	680	413	315
Impaired loans Interest Income Recognized		1
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded, Recorded Investment	324	2,952	428
Impaired loans with no related allowance recorded, Unpaid Principal Balance	440	3,131	434
Impaired loans with no related allowance recorded, Average Recorded Investment	347	3,209	2,849
Impaired loans with no related allowance recorded, Interest Income Recognized		133	2
Impaired loans with an allowance recorded, Recorded Investment	2,686	1,988	2,084
Impaired loans with an allowance recorded, Unpaid Principal Balance	2,905	2,102	2,157
Impaired loans with an allowance recorded, Related Allowance	862	865	1,625
Impaired loans with an allowance recorded, Average Recorded Investment	1,186	1,985	1,985
Impaired loans with an allowance recorded, Interest Income Recognized		80	52
Impaired loans Recorded Investment	3,010	4,940	2,512
Impaired loans Unpaid Principal Balance	3,345	5,233	2,591
Impaired loans Related Allowance	862	865	1,625
Impaired loans Average Recorded Investment	$ 1,533	5,194	4,834
Impaired loans Interest Income Recognized		$ 213	$ 54

XML

Credit Quality and Allowance for Loan Losses - Summary of Information Pertaining to Non Accrual Non Covered Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 20,875	$ 25,033
One- to Four-Family First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	5,390	3,173
Home Equity Loans and Lines [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	1,483	1,542
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	8,103	8,757
Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	348	449
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	5,154	10,610
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	397	502
Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	15,805	22,379
Originated Loans [Member] | One- to Four-Family First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	2,637	2,006
Originated Loans [Member] | Home Equity Loans and Lines [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	1,339	1,434
Originated Loans [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	7,374	8,662
Originated Loans [Member] | Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	3	200
Originated Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	4,281	9,678
Originated Loans [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	171	399
Acquired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	5,070	2,654
Acquired Loans [Member] | One- to Four-Family First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	2,753	1,167
Acquired Loans [Member] | Home Equity Loans and Lines [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	144	108
Acquired Loans [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	729	95
Acquired Loans [Member] | Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	345	249
Acquired Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	873	932
Acquired Loans [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 226	$ 103

XML

Credit Quality and Allowance for Loan Losses - Summary of Information Pertaining to Non Accrual Non Covered Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 20,875	$ 25,033
Acquired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	5,070	2,654
Acquired Loans [Member] | ASC 310-30 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 2,500	$ 4,300

XML

Credit Quality and Allowance for Loan Losses - Information about Company's TDRs (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 1,568	$ 1,060
Past Due Greater Than 30 Days	59	1,476
Nonaccrual TDRs	9,863	7,843
Total TDRs	11,490	10,379
Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,489	1,060
Past Due Greater Than 30 Days	59	1,476
Nonaccrual TDRs	8,511	2,881
Total TDRs	10,059	5,417
Real Estate Loans [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	429	520
Past Due Greater Than 30 Days		277
Nonaccrual TDRs	1,824	532
Total TDRs	2,253	1,329
Real Estate Loans [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	210	275
Past Due Greater Than 30 Days	59	64
Nonaccrual TDRs	380	407
Total TDRs	649	746
Real Estate Loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	705	96
Past Due Greater Than 30 Days		1,135
Nonaccrual TDRs	6,307	1,942
Total TDRs	7,012	3,173
Real Estate Loans [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	145	169
Total TDRs	145	169
Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	79
Nonaccrual TDRs	1,352	4,962
Total TDRs	1,431	4,962
Other Loans [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	71
Nonaccrual TDRs	1,253	4,784
Total TDRs	1,324	4,784
Other Loans [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	8
Nonaccrual TDRs	99	178
Total TDRs	107	178
Originated Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,279	846
Past Due Greater Than 30 Days	59	670
Nonaccrual TDRs	8,996	7,490
Total TDRs	10,334	9,006
Originated Loans [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,279	846
Past Due Greater Than 30 Days	59	670
Nonaccrual TDRs	8,443	2,731
Total TDRs	9,781	4,247
Originated Loans [Member] | Real Estate Loans [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	219	306
Past Due Greater Than 30 Days		274
Nonaccrual TDRs	1,824	473
Total TDRs	2,043	1,053
Originated Loans [Member] | Real Estate Loans [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	210	275
Past Due Greater Than 30 Days	59	64
Nonaccrual TDRs	312	316
Total TDRs	581	655
Originated Loans [Member] | Real Estate Loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	705	96
Past Due Greater Than 30 Days		332
Nonaccrual TDRs	6,307	1,942
Total TDRs	7,012	2,370
Originated Loans [Member] | Real Estate Loans [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	145	169
Total TDRs	145	169
Originated Loans [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual TDRs	553	4,759
Total TDRs	553	4,759
Originated Loans [Member] | Other Loans [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual TDRs	466	4,581
Total TDRs	466	4,581
Originated Loans [Member] | Other Loans [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual TDRs	87	178
Total TDRs	87	178
Acquired Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	289	214
Past Due Greater Than 30 Days		806
Nonaccrual TDRs	867	353
Total TDRs	1,156	1,373
Acquired Loans [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	210	214
Past Due Greater Than 30 Days		806
Nonaccrual TDRs	68	150
Total TDRs	278	1,170
Acquired Loans [Member] | Real Estate Loans [Member] | One- to Four-Family First Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	210	214
Past Due Greater Than 30 Days		3
Nonaccrual TDRs		59
Total TDRs	210	276
Acquired Loans [Member] | Real Estate Loans [Member] | Home Equity Loans and Lines [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual TDRs	68	91
Total TDRs	68	91
Acquired Loans [Member] | Real Estate Loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due Greater Than 30 Days		803
Total TDRs		803
Acquired Loans [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	79
Nonaccrual TDRs	799	203
Total TDRs	878	203
Acquired Loans [Member] | Other Loans [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	71
Nonaccrual TDRs	787	203
Total TDRs	858	$ 203
Acquired Loans [Member] | Other Loans [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	8
Nonaccrual TDRs	12
Total TDRs	$ 20

XML

Credit Quality and Allowance for Loan Losses - Summary of Information Pertaining to Loans Modified (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2018 USD ($) Contract	Sep. 30, 2017 USD ($) Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract	8	11
Pre-modification Outstanding Recorded Investment	$ 8,313	$ 2,236
Post-modification Outstanding Recorded Investment	$ 7,750	$ 1,934
One- to Four-Family First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract	2	5
Pre-modification Outstanding Recorded Investment	$ 1,132	$ 268
Post-modification Outstanding Recorded Investment	$ 1,131	$ 263
Home Equity Loans and Lines [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract		2
Pre-modification Outstanding Recorded Investment		$ 38
Post-modification Outstanding Recorded Investment		$ 37
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract	1	1
Pre-modification Outstanding Recorded Investment	$ 6,423	$ 431
Post-modification Outstanding Recorded Investment	$ 5,923	$ 431
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract	2	1
Pre-modification Outstanding Recorded Investment	$ 738	$ 1,439
Post-modification Outstanding Recorded Investment	$ 676	$ 1,146
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | Contract	3	2
Pre-modification Outstanding Recorded Investment	$ 20	$ 60
Post-modification Outstanding Recorded Investment	$ 20	$ 57

XML

Fair Value Measurements and Disclosures - Summary of Assets Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	$ 258,948	$ 234,993
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	21,674	25,521
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	258,948	234,993
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	258,948	234,993
Fair Value, Measurements, Recurring [Member] | U.S. Agency Mortgage-Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	79,492	84,690
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	147,441	113,735
Fair Value, Measurements, Recurring [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	21,674	25,521
Fair Value, Measurements, Recurring [Member] | U.S. Government Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	10,341	11,047
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	258,948	234,993
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | U.S. Agency Mortgage-Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	79,492	84,690
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	147,441	113,735
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	21,674	25,521
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | U.S. Government Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	$ 10,341	$ 11,047

XML

Fair Value Measurements and Disclosures - Summary of Financial Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Impaired loans	$ 8,442	$ 1,486
Repossessed assets	571	728
Fair Value, Measurements, Nonrecurring [Member]
Assets
Total	9,013	2,214
Level 3 [Member]
Assets
Impaired loans	8,442	1,486
Repossessed assets	571	728
Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets
Impaired loans	8,442	1,486
Repossessed assets	571	728
Total	$ 9,013	$ 2,214

XML

Fair Value Measurements and Disclosures - Schedule of Significant Unobservable Inputs Used in Fair Value Measurement of Level 3 Assets (Detail) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018 USD ($)	Dec. 31, 2017 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 8,442	$ 1,486
Repossessed assets	571	728
Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	8,442	1,486
Repossessed assets	$ 571	$ 728
Level 3 [Member] | Impaired Loans [Member] | Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation Technique	Third party appraisals and discounted cash flows	Third party appraisals and discounted cash flows
Unobservable Inputs	Collateral discounts and discount rates	Collateral discounts and discount rates
Level 3 [Member] | Impaired Loans [Member] | Minimum [Member] | Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	0.00	0.00
Level 3 [Member] | Impaired Loans [Member] | Maximum [Member] | Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	0.80	1.00
Level 3 [Member] | Impaired Loans [Member] | Weighted Average [Member] | Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	0.14	0.57
Level 3 [Member] | Repossessed assets [Member] | Measurement Input, Cost to Sell [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation Technique	Third party appraisals, sales contracts, broker price opinions	Third party appraisals, sales contracts, broker price opinions
Unobservable Inputs	Collateral discounts and estimated costs to sell	Collateral discounts and estimated costs to sell
Level 3 [Member] | Repossessed assets [Member] | Minimum [Member] | Measurement Input, Cost to Sell [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	0.06	0.06
Level 3 [Member] | Repossessed assets [Member] | Maximum [Member] | Measurement Input, Cost to Sell [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	1.00	1.00
Level 3 [Member] | Repossessed assets [Member] | Weighted Average [Member] | Measurement Input, Cost to Sell [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted Average/ Range of Discounts	0.42	0.28
Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 8,442	$ 1,486
Repossessed assets	$ 571	$ 728

XML

Fair Value Measurements and Disclosures - Summary of Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financial Assets
Investment securities available for sale	$ 258,948	$ 234,993
Investment securities held to maturity	10,868	13,055
Financial Liabilities
Short-term FHLB advances	41	3,642
Carrying Amount [Member]
Financial Assets
Cash and cash equivalents	61,724	150,418
Interest-bearing deposits in banks	1,184	2,421
Investment securities available for sale	258,948	234,993
Investment securities held to maturity	10,942	13,034
Mortgage loans held for sale	3,470	5,873
Loans, net	1,617,276	1,642,988
Cash surrender value of BOLI	29,394	28,904
Financial Liabilities
Deposits	1,771,312	1,866,227
Short-term FHLB advances	41	3,642
Long-term FHLB advances	59,536	68,183
Fair Value [Member]
Financial Assets
Cash and cash equivalents	61,724	150,418
Interest-bearing deposits in banks	1,184	2,421
Investment securities available for sale	258,948	234,993
Investment securities held to maturity	10,868	13,055
Mortgage loans held for sale	3,470	5,873
Loans, net	1,590,380	1,642,634
Cash surrender value of BOLI	29,394	28,904
Financial Liabilities
Deposits	1,766,441	1,864,735
Short-term FHLB advances	41	3,642
Long-term FHLB advances	57,879	67,143
Level 1 [Member]
Financial Assets
Cash and cash equivalents	61,724	150,418
Interest-bearing deposits in banks	1,184	2,421
Cash surrender value of BOLI	29,394	28,904
Financial Liabilities
Short-term FHLB advances	41	3,642
Level 2 [Member]
Financial Assets
Investment securities available for sale	258,948	234,993
Investment securities held to maturity	10,868	13,055
Mortgage loans held for sale	3,470	5,873
Loans, net	1,581,938	1,641,148
Financial Liabilities
Deposits	1,766,441	1,864,735
Long-term FHLB advances	57,879	67,143
Level 3 [Member]
Financial Assets
Loans, net	$ 8,442	$ 1,486