0001475841-19-000052.txt : 20191106 0001475841-19-000052.hdr.sgml : 20191106 20191106163332 ACCESSION NUMBER: 0001475841-19-000052 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 110 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191106 DATE AS OF CHANGE: 20191106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: National Bank Holdings Corp CENTRAL INDEX KEY: 0001475841 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 270563799 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35654 FILM NUMBER: 191196814 BUSINESS ADDRESS: STREET 1: 7800 EAST ORCHARD ROAD STREET 2: SUITE 300 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 303-892-8715 MAIL ADDRESS: STREET 1: 7800 EAST ORCHARD ROAD STREET 2: SUITE 300 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 FORMER COMPANY: FORMER CONFORMED NAME: NBH Holdings Corp. DATE OF NAME CHANGE: 20091030 10-Q 1 nbhc-20190930x10q.htm 10-Q
1.001.0020000040000000P7Yus-gaap:AssetPledgedAsCollateralMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:AssetPledgedAsCollateralMember0001475841--12-312019Q3false30500000us-gaap:OtherAssetsMemberus-gaap:OtherLiabilitiesMember305000000001475841nbhc:NewBoardAuthorizedShareRepurchaseProgramMember2019-09-300001475841nbhc:NewBoardAuthorizedShareRepurchaseProgramMember2016-08-050001475841us-gaap:CommonClassAMember2019-01-012019-09-300001475841us-gaap:CommonClassAMember2018-01-012018-12-310001475841us-gaap:EmployeeStockMembernbhc:EmployeeStockPurchasePlan2014Member2018-01-012018-09-300001475841us-gaap:TreasuryStockCommonMember2019-09-300001475841us-gaap:RetainedEarningsMember2019-09-300001475841us-gaap:CommonStockMember2019-09-300001475841us-gaap:AdditionalPaidInCapitalMember2019-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-09-300001475841us-gaap:TreasuryStockCommonMember2019-06-300001475841us-gaap:RetainedEarningsMember2019-06-300001475841us-gaap:CommonStockMember2019-06-300001475841us-gaap:AdditionalPaidInCapitalMember2019-06-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-06-300001475841us-gaap:TreasuryStockCommonMember2018-12-310001475841us-gaap:RetainedEarningsMember2018-12-310001475841us-gaap:CommonStockMember2018-12-310001475841us-gaap:AdditionalPaidInCapitalMember2018-12-310001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-12-310001475841us-gaap:TreasuryStockCommonMember2018-09-300001475841us-gaap:RetainedEarningsMember2018-09-300001475841us-gaap:CommonStockMember2018-09-300001475841us-gaap:AdditionalPaidInCapitalMember2018-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-09-300001475841us-gaap:TreasuryStockCommonMember2018-06-300001475841us-gaap:RetainedEarningsMember2018-06-300001475841us-gaap:CommonStockMember2018-06-300001475841us-gaap:AdditionalPaidInCapitalMember2018-06-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-06-300001475841us-gaap:TreasuryStockCommonMember2017-12-310001475841us-gaap:RetainedEarningsMember2017-12-310001475841us-gaap:CommonStockMember2017-12-310001475841us-gaap:AdditionalPaidInCapitalMember2017-12-310001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2017-12-310001475841us-gaap:EmployeeStockMembernbhc:EmployeeStockPurchasePlan2014Member2019-09-300001475841us-gaap:RestrictedStockMember2019-09-300001475841us-gaap:PerformanceSharesMember2019-09-300001475841us-gaap:RestrictedStockMember2018-12-310001475841us-gaap:PerformanceSharesMember2018-12-310001475841us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2019-01-012019-09-300001475841us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2019-01-012019-09-300001475841srt:MinimumMemberus-gaap:RestrictedStockMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841srt:MaximumMemberus-gaap:RestrictedStockMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841srt:MinimumMemberus-gaap:EmployeeStockOptionMember2019-01-012019-09-300001475841srt:MinimumMemberus-gaap:ServicingContractsMemberus-gaap:MeasurementInputDiscountRateMember2019-09-300001475841srt:MinimumMemberus-gaap:ServicingContractsMemberus-gaap:MeasurementInputConstantPrepaymentRateMember2019-09-300001475841srt:MaximumMemberus-gaap:ServicingContractsMemberus-gaap:MeasurementInputDiscountRateMember2019-09-300001475841srt:MaximumMemberus-gaap:ServicingContractsMemberus-gaap:MeasurementInputConstantPrepaymentRateMember2019-09-300001475841srt:MinimumMembernbhc:MortgageServicingRightsMember2019-09-300001475841srt:MaximumMembernbhc:MortgageServicingRightsMember2019-09-300001475841us-gaap:USTreasurySecuritiesMember2019-09-300001475841srt:FederalHomeLoanBankOfDesMoinesMember2019-09-300001475841us-gaap:USTreasurySecuritiesMember2018-12-310001475841srt:FederalHomeLoanBankOfDesMoinesMember2018-12-310001475841us-gaap:CreditAndDebitCardMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-07-012019-09-300001475841us-gaap:BankServicingMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-07-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member2019-07-012019-09-300001475841us-gaap:CreditAndDebitCardMember2019-07-012019-09-300001475841us-gaap:BankServicingMember2019-07-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Member2019-07-012019-09-300001475841us-gaap:CreditAndDebitCardMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-09-300001475841us-gaap:BankServicingMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member2019-01-012019-09-300001475841us-gaap:CreditAndDebitCardMember2019-01-012019-09-300001475841us-gaap:BankServicingMember2019-01-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Member2019-01-012019-09-300001475841us-gaap:CreditAndDebitCardMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-07-012018-09-300001475841us-gaap:BankServicingMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-07-012018-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member2018-07-012018-09-300001475841us-gaap:CreditAndDebitCardMember2018-07-012018-09-300001475841us-gaap:BankServicingMember2018-07-012018-09-300001475841us-gaap:AccountingStandardsUpdate201409Member2018-07-012018-09-300001475841us-gaap:CreditAndDebitCardMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-01-012018-09-300001475841us-gaap:BankServicingMemberus-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-01-012018-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member2018-01-012018-09-300001475841us-gaap:CreditAndDebitCardMember2018-01-012018-09-300001475841us-gaap:BankServicingMember2018-01-012018-09-300001475841us-gaap:AccountingStandardsUpdate201409Member2018-01-012018-09-300001475841us-gaap:AccountingStandardsUpdate201602Member2019-01-010001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:MultiFamilyAndCommercialMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:MultiFamilyAndCommercialMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstateMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMember2019-09-300001475841nbhc:LoanMemberus-gaap:SubstandardMember2019-09-300001475841nbhc:LoanMemberus-gaap:SpecialMentionMember2019-09-300001475841nbhc:LoanMemberus-gaap:ResidentialRealEstateMember2019-09-300001475841nbhc:LoanMemberus-gaap:PassMember2019-09-300001475841nbhc:LoanMemberus-gaap:DoubtfulMember2019-09-300001475841nbhc:LoanMemberus-gaap:ConsumerLoanMember2019-09-300001475841nbhc:LoanMemberus-gaap:CommercialRealEstateMember2019-09-300001475841nbhc:LoanMemberus-gaap:CommercialLoanMember2019-09-300001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2019-09-300001475841nbhc:LoanMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:MultiFamilyAndCommercialMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialRealEstateMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ConsumerLoanMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstateMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialLoanMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMembernbhc:TotalCommercialRealEstateMember2018-12-310001475841nbhc:LoanMemberus-gaap:SubstandardMember2018-12-310001475841nbhc:LoanMemberus-gaap:SpecialMentionMember2018-12-310001475841nbhc:LoanMemberus-gaap:ResidentialRealEstateMember2018-12-310001475841nbhc:LoanMemberus-gaap:PassMember2018-12-310001475841nbhc:LoanMemberus-gaap:DoubtfulMember2018-12-310001475841nbhc:LoanMemberus-gaap:ConsumerLoanMember2018-12-310001475841nbhc:LoanMemberus-gaap:CommercialLoanMember2018-12-310001475841nbhc:LoanMembernbhc:TotalCommercialRealEstateMember2018-12-310001475841nbhc:LoanMembernbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-12-310001475841nbhc:LoanMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:StandbyLettersOfCreditMember2019-09-300001475841us-gaap:StandbyLettersOfCreditMember2018-12-310001475841srt:MinimumMember2019-09-300001475841srt:MaximumMember2019-09-3000014758412018-01-012019-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2019-07-012019-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2019-01-012019-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2018-07-012018-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2018-01-012018-09-300001475841us-gaap:SeniorLienMember2019-07-012019-09-300001475841us-gaap:ResidentialRealEstateMember2019-07-012019-09-300001475841us-gaap:JuniorLienMember2019-07-012019-09-300001475841us-gaap:ConsumerLoanMember2019-07-012019-09-300001475841us-gaap:CommercialLoanMember2019-07-012019-09-300001475841nbhc:TotalCommercialRealEstateMember2019-07-012019-09-300001475841nbhc:OwnerOccupiedCommercialMember2019-07-012019-09-300001475841nbhc:NonOwnerOccupiedCommercialMember2019-07-012019-09-300001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2019-07-012019-09-300001475841nbhc:FoodAndAgricultureLoanMember2019-07-012019-09-300001475841nbhc:EnergyLoansMember2019-07-012019-09-300001475841nbhc:CommercialConstructionLoansMember2019-07-012019-09-300001475841nbhc:CommercialAndIndustrialLoanMember2019-07-012019-09-300001475841nbhc:AcquisitionAndDevelopmentLoansMember2019-07-012019-09-300001475841us-gaap:SeniorLienMember2019-01-012019-09-300001475841us-gaap:ResidentialRealEstateMember2019-01-012019-09-300001475841us-gaap:JuniorLienMember2019-01-012019-09-300001475841us-gaap:ConsumerLoanMember2019-01-012019-09-300001475841us-gaap:CommercialLoanMember2019-01-012019-09-300001475841nbhc:TotalCommercialRealEstateMember2019-01-012019-09-300001475841nbhc:OwnerOccupiedCommercialMember2019-01-012019-09-300001475841nbhc:NonOwnerOccupiedCommercialMember2019-01-012019-09-300001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2019-01-012019-09-300001475841nbhc:FoodAndAgricultureLoanMember2019-01-012019-09-300001475841nbhc:EnergyLoansMember2019-01-012019-09-300001475841nbhc:CommercialConstructionLoansMember2019-01-012019-09-300001475841nbhc:CommercialAndIndustrialLoanMember2019-01-012019-09-300001475841nbhc:AcquisitionAndDevelopmentLoansMember2019-01-012019-09-300001475841us-gaap:SeniorLienMember2018-07-012018-09-300001475841us-gaap:ResidentialRealEstateMember2018-07-012018-09-300001475841us-gaap:JuniorLienMember2018-07-012018-09-300001475841us-gaap:ConsumerLoanMember2018-07-012018-09-300001475841us-gaap:CommercialLoanMember2018-07-012018-09-300001475841nbhc:TotalCommercialRealEstateMember2018-07-012018-09-300001475841nbhc:OwnerOccupiedCommercialMember2018-07-012018-09-300001475841nbhc:NonOwnerOccupiedCommercialMember2018-07-012018-09-300001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2018-07-012018-09-300001475841nbhc:FoodAndAgricultureLoanMember2018-07-012018-09-300001475841nbhc:EnergyLoansMember2018-07-012018-09-300001475841nbhc:CommercialConstructionLoansMember2018-07-012018-09-300001475841nbhc:CommercialAndIndustrialLoanMember2018-07-012018-09-300001475841nbhc:AcquisitionAndDevelopmentLoansMember2018-07-012018-09-300001475841us-gaap:SeniorLienMember2018-01-012018-09-300001475841us-gaap:ResidentialRealEstateMember2018-01-012018-09-300001475841us-gaap:JuniorLienMember2018-01-012018-09-300001475841us-gaap:ConsumerLoanMember2018-01-012018-09-300001475841us-gaap:CommercialLoanMember2018-01-012018-09-300001475841nbhc:TotalCommercialRealEstateMember2018-01-012018-09-300001475841nbhc:OwnerOccupiedCommercialMember2018-01-012018-09-300001475841nbhc:NonOwnerOccupiedCommercialMember2018-01-012018-09-300001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2018-01-012018-09-300001475841nbhc:FoodAndAgricultureLoanMember2018-01-012018-09-300001475841nbhc:EnergyLoansMember2018-01-012018-09-300001475841nbhc:CommercialConstructionLoansMember2018-01-012018-09-300001475841nbhc:CommercialAndIndustrialLoanMember2018-01-012018-09-300001475841nbhc:AcquisitionAndDevelopmentLoansMember2018-01-012018-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMembernbhc:ResidentialMortgageBackedAgencyMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMembernbhc:ResidentialMortgageBackedAgencyMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMembernbhc:ResidentialMortgageBackedAgencyMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMembernbhc:ResidentialMortgageBackedAgencyMember2018-12-310001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-07-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-07-012018-09-300001475841us-gaap:AccountingStandardsUpdate201409Memberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2018-01-012018-09-300001475841us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestIncomeMember2019-07-012019-09-300001475841us-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2019-07-012019-09-300001475841us-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:OtherNonInterestIncomeMember2019-07-012019-09-300001475841us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2019-07-012019-09-300001475841us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-07-012019-09-300001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-07-012019-09-300001475841us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestIncomeMember2019-01-012019-09-300001475841us-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2019-01-012019-09-300001475841us-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:OtherNonInterestIncomeMember2019-01-012019-09-300001475841us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2019-01-012019-09-300001475841us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-01-012019-09-300001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-09-300001475841us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestIncomeMember2018-07-012018-09-300001475841us-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2018-07-012018-09-300001475841us-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:OtherNonInterestIncomeMember2018-07-012018-09-300001475841us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2018-07-012018-09-300001475841us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-07-012018-09-300001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-07-012018-09-300001475841us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestIncomeMember2018-01-012018-09-300001475841us-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2018-01-012018-09-300001475841us-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:OtherNonInterestIncomeMember2018-01-012018-09-300001475841us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMembernbhc:MortgageBankingIncomeMember2018-01-012018-09-300001475841us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-01-012018-09-300001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-01-012018-09-300001475841srt:MinimumMemberus-gaap:CoreDepositsMember2019-01-012019-09-300001475841srt:MaximumMemberus-gaap:CoreDepositsMember2019-01-012019-09-300001475841us-gaap:ServicingContractsMember2018-12-310001475841us-gaap:ServicingContractsMember2018-09-300001475841us-gaap:ServicingContractsMember2019-09-300001475841us-gaap:CoreDepositsMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FinancingReceivables30To89DaysPastDueMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FinancingReceivables30To89DaysPastDueMember2018-12-310001475841nbhc:NonAccrualMember2019-09-300001475841nbhc:AgricultureResidentialAndConsumerLoansMember2018-01-012018-09-300001475841nbhc:TroubledDebtRestructuringsMember2019-01-012019-09-300001475841nbhc:TroubledDebtRestructuringsMember2018-01-012018-09-300001475841nbhc:TroubledDebtRestructuringsMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ResidentialPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConsumerPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ResidentialPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConsumerPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-09-300001475841us-gaap:ResidentialPortfolioSegmentMember2019-09-300001475841us-gaap:ConsumerPortfolioSegmentMember2019-09-300001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2019-09-300001475841us-gaap:CommercialPortfolioSegmentMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2019-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-06-300001475841us-gaap:ResidentialPortfolioSegmentMember2019-06-300001475841us-gaap:ConsumerPortfolioSegmentMember2019-06-300001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2019-06-300001475841us-gaap:CommercialPortfolioSegmentMember2019-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2019-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2019-06-3000014758412019-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-12-310001475841us-gaap:ResidentialPortfolioSegmentMember2018-12-310001475841us-gaap:ConsumerPortfolioSegmentMember2018-12-310001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2018-12-310001475841us-gaap:CommercialPortfolioSegmentMember2018-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-09-300001475841us-gaap:ResidentialPortfolioSegmentMember2018-09-300001475841us-gaap:ConsumerPortfolioSegmentMember2018-09-300001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2018-09-300001475841us-gaap:CommercialPortfolioSegmentMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-06-300001475841us-gaap:ResidentialPortfolioSegmentMember2018-06-300001475841us-gaap:ConsumerPortfolioSegmentMember2018-06-300001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2018-06-300001475841us-gaap:CommercialPortfolioSegmentMember2018-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-06-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-06-3000014758412018-06-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2017-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2017-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2017-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2017-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2017-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2017-12-310001475841us-gaap:ResidentialPortfolioSegmentMember2017-12-310001475841us-gaap:ConsumerPortfolioSegmentMember2017-12-310001475841us-gaap:CommercialRealEstatePortfolioSegmentMember2017-12-310001475841us-gaap:CommercialPortfolioSegmentMember2017-12-310001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2017-12-310001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2017-12-310001475841nbhc:AccountingStandardsUpdate201602And201811Member2019-01-010001475841us-gaap:LineOfCreditMember2019-09-300001475841us-gaap:LineOfCreditMember2018-12-310001475841nbhc:TermFinancingMember2018-12-310001475841nbhc:DerivativeFinancialInstrumentsAssetsAndLiabilitiesMember2019-09-300001475841nbhc:DerivativeFinancialInstrumentsAssetsAndLiabilitiesMember2018-12-310001475841nbhc:DerivativeFinancialInstrumentsAssetsAndLiabilitiesMember2019-01-012019-09-300001475841us-gaap:RestrictedStockMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841us-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841us-gaap:RestrictedStockMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-09-300001475841us-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-09-300001475841us-gaap:EmployeeStockOptionMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-09-300001475841nbhc:Nbhc_nbhc_forwardloansalescommitmentsnotionalamountMember2019-09-300001475841nbhc:InterestRateLockCommitmentsNotionalAmountMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-12-310001475841us-gaap:InterestRateLockCommitmentsMember2018-12-310001475841nbhc:ForwardContractNotionalMember2018-12-310001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-09-300001475841us-gaap:OtherLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:OtherLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-12-310001475841us-gaap:OtherLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-09-300001475841us-gaap:OtherAssetsMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-09-300001475841us-gaap:DesignatedAsHedgingInstrumentMember2019-09-300001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateContractMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:OtherAssetsMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-12-310001475841us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2018-12-310001475841us-gaap:DesignatedAsHedgingInstrumentMember2018-12-310001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2018-12-310001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesMember2018-12-310001475841nbhc:TermFinancingMember2019-09-300001475841srt:MinimumMembernbhc:TermFinancingMember2018-12-310001475841srt:MaximumMembernbhc:TermFinancingMember2018-12-310001475841us-gaap:AccountingStandardsUpdate201602Member2019-01-012019-01-010001475841nbhc:AccountingStandardsUpdate201602And201811Member2019-01-012019-01-010001475841us-gaap:AccountingStandardsUpdate201409Member2019-09-300001475841us-gaap:AccountingStandardsUpdate201409Member2018-12-310001475841us-gaap:CommonClassAMember2019-09-300001475841us-gaap:CommonClassAMember2018-12-3100014758412017-12-310001475841us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2018-12-310001475841us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2018-12-310001475841us-gaap:CoreDepositsMember2019-09-300001475841nbhc:PeoplesIncMemberus-gaap:ServicingContractsMember2018-01-010001475841nbhc:PeoplesIncMemberus-gaap:CoreDepositsMember2018-01-0100014758412018-01-010001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMembernbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMembernbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesOtherMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesOtherMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMembernbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMembernbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesOtherMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:MortgageBackedSecuritiesOtherMember2018-12-310001475841nbhc:UsStatesAndPoliticalSubdivisionsDebtSecuritiesDueOneToFiveYearsMember2019-09-300001475841nbhc:UsStatesAndPoliticalSubdivisionsDebtSecuritiesDueFiveToTenYearsMember2019-09-300001475841nbhc:OtherSecuritiesInvestmentsWithNoContractualMaturityMember2019-09-300001475841nbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2019-09-300001475841nbhc:OtherAvailableForSaleSecuritiesInvestmentsMember2018-12-310001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:DerivativeMember2019-09-300001475841us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeMemberus-gaap:MortgageBackedSecuritiesMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-09-300001475841us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-09-300001475841us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:DerivativeMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueInputsLevel2Membernbhc:LoansHeldForSaleMember2019-09-300001475841us-gaap:DerivativeMemberus-gaap:MortgageBackedSecuritiesMember2019-09-300001475841nbhc:PremiseandEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-09-300001475841nbhc:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-09-300001475841nbhc:MortgageServicingRightsMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-09-300001475841nbhc:CollateralDependentImpairedLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-09-300001475841us-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:FairValueMeasurementsNonrecurringMember2019-09-300001475841us-gaap:FairValueInputsLevel3Member2019-09-300001475841us-gaap:FairValueInputsLevel2Member2019-09-300001475841nbhc:LoansHeldForSaleMember2019-09-300001475841us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:DerivativeMember2018-12-310001475841us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeMemberus-gaap:MortgageBackedSecuritiesMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2018-12-310001475841us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2018-12-310001475841us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2018-12-310001475841us-gaap:InterestRateSwapMemberus-gaap:DerivativeMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:FairValueInputsLevel2Membernbhc:LoansHeldForSaleMember2018-12-310001475841us-gaap:DerivativeMemberus-gaap:MortgageBackedSecuritiesMember2018-12-310001475841us-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:FairValueInputsLevel3Member2018-12-310001475841us-gaap:FairValueInputsLevel2Member2018-12-310001475841nbhc:LoansHeldForSaleMember2018-12-310001475841nbhc:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-09-300001475841nbhc:MortgageServicingRightsMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-09-300001475841nbhc:CollateralDependentImpairedLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-09-300001475841us-gaap:FairValueMeasurementsNonrecurringMember2018-09-300001475841nbhc:PremiseandEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-09-300001475841nbhc:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-09-300001475841nbhc:MortgageServicingRightsMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-09-300001475841nbhc:CollateralDependentImpairedLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-09-300001475841nbhc:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-01-012018-09-300001475841nbhc:MortgageServicingRightsMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-01-012018-09-300001475841nbhc:CollateralDependentImpairedLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2018-01-012018-09-300001475841us-gaap:ServicingContractsMember2019-07-012019-09-300001475841us-gaap:CoreDepositsMember2019-07-012019-09-300001475841us-gaap:CoreDepositsMember2019-01-012019-09-300001475841us-gaap:ServicingContractsMember2018-07-012018-09-300001475841us-gaap:CoreDepositsMember2018-07-012018-09-300001475841us-gaap:CoreDepositsMember2018-01-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-07-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2019-07-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-07-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-07-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-07-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-07-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2019-07-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2019-07-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-01-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2019-01-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-01-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-01-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2019-01-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2019-01-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2019-01-012019-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2019-01-012019-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-07-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-07-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-07-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-07-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-07-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-07-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-07-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-07-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialPortfolioSegmentMember2018-01-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerPortfolioSegmentMember2018-01-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-01-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-01-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2018-01-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMemberus-gaap:CommercialPortfolioSegmentMember2018-01-012018-09-300001475841nbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-01-012018-09-300001475841nbhc:AccountingStandardCodificationThreeHundredTenToThirtyMember2018-01-012018-09-300001475841us-gaap:RestrictedStockMember2019-07-012019-09-300001475841us-gaap:PerformanceSharesMember2019-07-012019-09-300001475841us-gaap:EmployeeStockOptionMember2019-07-012019-09-300001475841us-gaap:EmployeeStockOptionMember2019-01-012019-09-300001475841us-gaap:RestrictedStockMember2018-07-012018-09-300001475841us-gaap:PerformanceSharesMember2018-07-012018-09-300001475841us-gaap:EmployeeStockOptionMember2018-07-012018-09-300001475841us-gaap:RestrictedStockMember2018-01-012018-09-300001475841us-gaap:PerformanceSharesMember2018-01-012018-09-300001475841us-gaap:EmployeeStockOptionMember2018-01-012018-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2019-09-300001475841us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2018-12-310001475841us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2018-12-310001475841us-gaap:TreasuryStockCommonMember2019-07-012019-09-300001475841us-gaap:RetainedEarningsMember2019-07-012019-09-300001475841us-gaap:AdditionalPaidInCapitalMember2019-07-012019-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-07-012019-09-300001475841us-gaap:TreasuryStockCommonMember2019-01-012019-09-300001475841us-gaap:RetainedEarningsMember2019-01-012019-09-300001475841us-gaap:AdditionalPaidInCapitalMember2019-01-012019-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-09-300001475841us-gaap:TreasuryStockCommonMember2018-07-012018-09-300001475841us-gaap:RetainedEarningsMember2018-07-012018-09-300001475841us-gaap:AdditionalPaidInCapitalMember2018-07-012018-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-07-012018-09-300001475841nbhc:PeoplesIncMemberus-gaap:CoreDepositsMember2018-01-012018-01-010001475841us-gaap:UnfundedLoanCommitmentMember2019-09-300001475841nbhc:UnfundedCommitmentLineOfCreditMember2019-09-300001475841nbhc:CommercialAndStandbyLettersOfCreditMember2019-09-300001475841us-gaap:UnfundedLoanCommitmentMember2018-12-310001475841nbhc:UnfundedCommitmentLineOfCreditMember2018-12-310001475841nbhc:CommercialAndStandbyLettersOfCreditMember2018-12-310001475841us-gaap:ResidentialRealEstateMembernbhc:AccrualStatusMember2019-09-300001475841us-gaap:CommercialRealEstateMembernbhc:AccrualStatusMember2019-09-300001475841nbhc:CommercialMembernbhc:AccrualStatusMember2019-09-300001475841nbhc:AccrualStatusMember2019-09-300001475841us-gaap:ResidentialRealEstateMembernbhc:AccrualStatusMember2018-12-310001475841us-gaap:CommercialRealEstateMembernbhc:AccrualStatusMember2018-12-310001475841nbhc:CommercialMembernbhc:AccrualStatusMember2018-12-310001475841nbhc:AccrualStatusMember2018-12-310001475841us-gaap:ResidentialRealEstateMembernbhc:AccrualStatusMember2019-01-012019-09-300001475841us-gaap:CommercialRealEstateMembernbhc:AccrualStatusMember2019-01-012019-09-300001475841nbhc:CommercialMembernbhc:AccrualStatusMember2019-01-012019-09-300001475841nbhc:AccrualStatusMember2019-01-012019-09-300001475841us-gaap:ResidentialRealEstateMembernbhc:AccrualStatusMember2018-01-012018-12-310001475841us-gaap:CommercialRealEstateMembernbhc:AccrualStatusMember2018-01-012018-12-310001475841nbhc:CommercialMembernbhc:AccrualStatusMember2018-01-012018-12-310001475841nbhc:AccrualStatusMember2018-01-012018-12-310001475841us-gaap:ResidentialRealEstateMembernbhc:NonAccrualStatusMember2019-09-300001475841us-gaap:CommercialRealEstateMembernbhc:NonAccrualStatusMember2019-09-300001475841nbhc:CommercialMembernbhc:NonAccrualStatusMember2019-09-300001475841nbhc:NonAccrualStatusMember2019-09-300001475841us-gaap:ResidentialRealEstateMembernbhc:NonAccrualStatusMember2018-12-310001475841nbhc:CommercialMembernbhc:NonAccrualStatusMember2018-12-310001475841nbhc:NonAccrualStatusMember2018-12-310001475841srt:MaximumMemberus-gaap:EmployeeStockOptionMember2019-01-012019-09-300001475841us-gaap:EmployeeStockMembernbhc:EmployeeStockPurchasePlan2014Member2019-01-012019-09-300001475841srt:MinimumMemberus-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841srt:MaximumMemberus-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMember2019-01-012019-09-300001475841us-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2019-01-012019-09-300001475841us-gaap:PerformanceSharesMembernbhc:NBHHoldingsCorp.2014OmnibusIncentivePlanMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2019-01-012019-09-300001475841us-gaap:RestrictedStockMember2019-01-012019-09-300001475841us-gaap:PerformanceSharesMember2019-01-012019-09-300001475841us-gaap:TreasuryStockCommonMember2018-01-012018-09-300001475841us-gaap:RetainedEarningsMember2018-01-012018-09-300001475841us-gaap:AdditionalPaidInCapitalMember2018-01-012018-09-300001475841us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-01-012018-09-300001475841us-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-09-300001475841us-gaap:FairValueMeasurementsNonrecurringMember2018-01-012018-09-3000014758412018-09-300001475841us-gaap:CommercialRealEstateMember2019-09-300001475841nbhc:NonAccrualMember2019-01-012019-09-300001475841nbhc:MortgageServicingRightsMember2019-01-012019-09-300001475841nbhc:MortgageServicingRightsMember2018-01-012018-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2019-09-300001475841nbhc:ImpairedLoansWithRelatedAllowanceRecordedMember2018-12-310001475841us-gaap:SeniorLienMember2019-09-300001475841us-gaap:ResidentialRealEstateMember2019-09-300001475841us-gaap:JuniorLienMember2019-09-300001475841us-gaap:ConsumerLoanMember2019-09-300001475841us-gaap:CommercialLoanMember2019-09-300001475841nbhc:TotalCommercialRealEstateMember2019-09-300001475841nbhc:OwnerOccupiedCommercialMember2019-09-300001475841nbhc:NonOwnerOccupiedCommercialMember2019-09-300001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2019-09-300001475841nbhc:FoodAndAgricultureLoanMember2019-09-300001475841nbhc:EnergyLoansMember2019-09-300001475841nbhc:CommercialConstructionLoansMember2019-09-300001475841nbhc:CommercialAndIndustrialLoanMember2019-09-300001475841nbhc:AcquisitionAndDevelopmentLoansMember2019-09-300001475841us-gaap:SeniorLienMember2018-12-310001475841us-gaap:ResidentialRealEstateMember2018-12-310001475841us-gaap:JuniorLienMember2018-12-310001475841us-gaap:ConsumerLoanMember2018-12-310001475841us-gaap:CommercialLoanMember2018-12-310001475841nbhc:TotalCommercialRealEstateMember2018-12-310001475841nbhc:OwnerOccupiedCommercialMember2018-12-310001475841nbhc:NonOwnerOccupiedCommercialMember2018-12-310001475841nbhc:ImpairedLoansWithNoRelatedAllowanceRecordedMemberMember2018-12-310001475841nbhc:FoodAndAgricultureLoanMember2018-12-310001475841nbhc:EnergyLoansMember2018-12-310001475841nbhc:CommercialConstructionLoansMember2018-12-310001475841nbhc:CommercialAndIndustrialLoanMember2018-12-310001475841nbhc:AcquisitionAndDevelopmentLoansMember2018-12-310001475841us-gaap:ServicingContractsMember2019-01-012019-09-300001475841us-gaap:ServicingContractsMember2018-01-012018-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:MultiFamilyAndCommercialMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2019-09-300001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:SeniorLienMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ResidentialRealEstateMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:JuniorLienMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:ConsumerLoanMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMemberus-gaap:CommercialLoanMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:TotalCommercialRealEstateMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:OwnerOccupiedCommercialMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:NonOwnerOccupiedCommercialMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:MultiFamilyAndCommercialMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:FoodAndAgricultureLoanMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:EnergyLoansMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialConstructionLoansMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:CommercialAndIndustrialLoanMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMembernbhc:AcquisitionAndDevelopmentLoansMember2018-12-310001475841nbhc:LoanMembernbhc:OriginatedAndAcquiredLoansNotAccountedForUnderAccountingStandardCodificationThreeHundredTenThirtyMember2018-12-310001475841srt:MinimumMembernbhc:MortgageServicingRightsMember2019-01-012019-09-300001475841srt:MinimumMembernbhc:FairValueOfImpairedLoansMember2019-01-012019-09-300001475841srt:MaximumMembernbhc:MortgageServicingRightsMember2019-01-012019-09-300001475841srt:MaximumMembernbhc:FairValueOfImpairedLoansMember2019-01-012019-09-3000014758412018-01-012018-12-310001475841srt:ParentCompanyMember2019-09-300001475841nbhc:SubsidiaryMember2019-09-300001475841srt:ParentCompanyMember2018-12-310001475841nbhc:SubsidiaryMember2018-12-310001475841nbhc:PeoplesIncMember2018-01-012018-01-010001475841nbhc:PeoplesIncMember2018-01-010001475841us-gaap:USStatesAndPoliticalSubdivisionsMember2019-09-300001475841us-gaap:MortgageBackedSecuritiesOtherMember2019-09-300001475841nbhc:ResidentialMortgageBackedAgencyMember2019-09-300001475841us-gaap:USStatesAndPoliticalSubdivisionsMember2018-12-310001475841us-gaap:MortgageBackedSecuritiesOtherMember2018-12-310001475841nbhc:ResidentialMortgageBackedAgencyMember2018-12-3100014758412019-07-012019-09-3000014758412018-07-012018-09-3000014758412018-01-012018-09-3000014758412019-09-3000014758412018-12-3100014758412019-11-0400014758412019-01-012019-09-30xbrli:sharesiso4217:USDxbrli:purenbhc:itemnbhc:loaniso4217:USDxbrli:sharesnbhc:security

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, 2019

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: 001-35654

NATIONAL BANK HOLDINGS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

    

27-0563799

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

7800 East Orchard, Suite 300, Greenwood Village, Colorado 80111

(Address of principal executive offices) (Zip Code)

Registrant’s telephone, including area code: (303) 892-8715

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:

    

Trading Symbol

    

Name of each exchange on which registered:

Class A Common Stock

NBHC

NYSE

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 (or for such shorter period that the registrant was required to file such reports), 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, a 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 Exchange Act).    Yes      No  

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

As of November 4, 2019, the registrant had outstanding 31,171,126 shares of Class A voting common stock, each with $0.01 par value per share, excluding 130,189 shares of restricted Class A common stock issued but not yet vested.

    

Page

Part I. Financial Information

Item 1.

Financial Statements (Unaudited)

5

Consolidated Statements of Financial Condition as of September 30, 2019 and December 31, 2018

5

Consolidated Statements of Operations for the three and nine months ended September 30, 2019 and 2018

6

Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2019 and 2018

7

Consolidated Statements of Changes in Shareholders’ Equity for the three and nine months ended September 30, 2019 and 2018

8

Consolidated Statements of Cash Flows for the nine months ended September 30, 2019 and 2018

9

Notes to Consolidated Financial Statements

10

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

42

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

72

Item 4.

Controls and Procedures

72

Part II. Other Information

Item 1.

Legal Proceedings

73

Item 1A.

Risk Factors

73

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

73

Item 5.

Other Information

73

Item 6.

Exhibits

74

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, notwithstanding that such statements are not specifically identified. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believe,” “can,” “would,” “should,” “could,” “may,” “predict,” “seek,” “potential,” “will,” “estimate,” “target,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “intend” and similar words or phrases. These statements are only predictions and involve estimates, known and unknown risks, assumptions and uncertainties. We have based these statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, liquidity, results of operations, business strategy and growth prospects.

Forward-looking statements involve certain important risks, uncertainties and other factors, any of which could cause actual results to differ materially from those in such statements and, therefore, you are cautioned not to place undue reliance on such statements. Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to:

       our ability to execute our business strategy, as well as changes in our business strategy or development plans;

       business and economic conditions generally and in the financial services industry;

       effects of a government shutdown;

       economic, market, operational, liquidity, credit and interest rate risks associated with our business;

       effects of any changes in trade, monetary and fiscal policies and laws, including the interest rate policies of the Federal Reserve Board;

       changes imposed by regulatory agencies to increase our capital to a level greater than the current level required for well-capitalized financial institutions;

       effects of inflation, as well as, interest rate, securities market and monetary supply fluctuations;

       changes in the economy or supply-demand imbalances affecting local real estate values;

       changes in consumer spending, borrowings and savings habits;

       with respect to our mortgage business, our inability to negotiate our fees with Fannie Mae, Freddie Mac, Ginnie Mae or other investors for the purchase of our loans, our obligation to indemnify purchasers or to repurchase the related loans if the loans fail to meet certain criteria, or higher rate of delinquencies and defaults as a result of the geographic concentration of our servicing portfolio;

       our ability to identify potential candidates for, obtain regulatory approval for, and consummate, acquisitions, consolidations or other expansion opportunities on attractive terms, or at all;

       our ability to integrate acquisitions or consolidations and to achieve synergies, operating efficiencies and/or other expected benefits within expected time-frames, or at all, or within expected cost projections, and to preserve the goodwill of acquired financial institutions;

       our ability to realize the anticipated benefits from enhancements or updates to our core operating systems from time to time without significant change in our client service or risk to our control environment;

       our dependence on information technology and telecommunications systems of third party service providers and the risk of system failures, interruptions or breaches of security, including those that could result in disclosure or misuse of confidential or proprietary client or other information;

       our ability to achieve organic loan and deposit growth and the composition of such growth;

       changes in sources and uses of funds, including loans, deposits and borrowings;

3

       increased competition in the financial services industry, nationally, regionally or locally, resulting in, among other things, lower returns;

       continued consolidation in the financial services industry;

       our ability to maintain or increase market share and control expenses;

       the effect of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Public Company Accounting Oversight Board, the Financial Accounting Standards Board and other accounting standard setters;

       the trading price of shares of the Company's stock;

       the effects of tax legislation, including the potential of future increases to prevailing tax rates, or challenges to our tax

position;

       our ability to realize deferred tax assets or the need for a valuation allowance, or the effects of changes in tax laws on our deferred tax assets;

       costs and effects of changes in laws and regulations and of other legal and regulatory developments, including, but not limited to, changes in regulation that affect the fees that we charge, the resolution of legal proceedings or regulatory or other governmental inquiries, and the results of regulatory examinations, reviews or other inquiries; and changes in regulations that apply to us as a Colorado state-chartered bank;

       technological changes;

       the timely development and acceptance of new products and services and perceived overall value of these products and services by our clients;

       changes in our management personnel and our continued ability to attract, hire and retain qualified personnel;

       ability to implement and/or improve operational management and other internal risk controls and processes and our reporting system and procedures;

       regulatory limitations on dividends from our bank subsidiary;

       changes in estimates of future loan reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements;

       widespread natural and other disasters, dislocations, political instability, acts of war or terrorist activities, cyberattacks or international hostilities through impacts on the economy and financial markets generally or on us or our counterparties specifically;

       a cyber-security incident, data breach or a failure of a key information technology system;

       impact of reputational risk on such matters as business generation and retention;

       other risks and uncertainties listed from time to time in the Company’s reports and documents filed with the Securities and Exchange Commission; and

       our success at managing the risks involved in the foregoing items.

Any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law.

4

PART I: FINANCIAL INFORMATION

Item 1: FINANCIAL STATEMENTS

NATIONAL BANK HOLDINGS CORPORATION AND SUBSIDIARIES

Consolidated Statements of Financial Condition (Unaudited)

(In thousands, except share and per share data)

    

September 30, 2019

    

December 31, 2018

ASSETS

Cash and due from banks

$

116,419

$

109,056

Interest bearing bank deposits

 

500

 

500

Cash and cash equivalents

116,919

109,556

Investment securities available-for-sale (at fair value)

 

661,129

 

791,102

Investment securities held-to-maturity (fair value of $190,651 and $230,926 at September 30, 2019 and December 31, 2018, respectively)

 

189,982

 

235,398

Non-marketable securities

 

27,277

 

27,555

Loans

 

4,401,917

 

4,092,308

Allowance for loan losses

 

(38,710)

 

(35,692)

Loans, net

 

4,363,207

 

4,056,616

Loans held for sale

 

204,602

 

48,120

Other real estate owned

 

7,904

 

10,596

Premises and equipment, net

 

110,692

 

109,986

Goodwill

 

115,027

 

115,027

Intangible assets, net

 

11,578

 

13,470

Other assets

 

181,733

 

159,240

Total assets

$

5,990,050

$

5,676,666

LIABILITIES AND SHAREHOLDERS’ EQUITY

Liabilities:

Deposits:

Non-interest bearing demand deposits

$

1,237,189

$

1,072,029

Interest bearing demand deposits

 

681,113

 

688,255

Savings and money market

 

1,748,257

 

1,694,808

Time deposits

 

1,067,301

 

1,080,529

Total deposits

 

4,733,860

 

4,535,621

Securities sold under agreements to repurchase

 

62,735

 

66,047

Federal Home Loan Bank advances

 

303,897

 

301,660

Other liabilities

 

136,232

 

78,332

Total liabilities

 

5,236,724

 

4,981,660

Shareholders’ equity:

Common stock, par value $0.01 per share: 400,000,000 shares authorized; 51,487,907 and 51,498,016 shares issued; 31,169,086 and 30,769,063 shares outstanding at September 30, 2019 and December 31, 2018, respectively

 

515

 

515

Additional paid-in capital

 

1,007,628

 

1,014,399

Retained earnings

 

150,866

 

106,990

Treasury stock of 20,182,739 and 20,582,459 shares at September 30, 2019 and December 31, 2018, respectively, at cost

 

(408,770)

 

(415,623)

Accumulated other comprehensive income (loss), net of tax

 

3,087

 

(11,275)

Total shareholders’ equity

 

753,326

 

695,006

Total liabilities and shareholders’ equity

$

5,990,050

$

5,676,666

See accompanying notes to the consolidated interim financial statements.

5

NATIONAL BANK HOLDINGS CORPORATION AND SUBSIDIARIES

Consolidated Statements of Operations (Unaudited)

(In thousands, except share and per share data)

For the three months ended

For the nine months ended

September 30, 

September 30, 

2019

    

2018

    

2019

    

2018

Interest and dividend income:

Interest and fees on loans

$

55,708

$

49,181

$

164,478

$

141,994

Interest and dividends on investment securities

 

5,080

 

6,289

 

16,627

 

19,625

Dividends on non-marketable securities

 

417

 

268

 

1,299

 

761

Interest on interest-bearing bank deposits

 

167

 

171

 

581

 

1,231

Total interest and dividend income

 

61,372

 

55,909

 

182,985

 

163,611

Interest expense:

Interest on deposits

 

7,974

 

5,451

 

22,238

 

14,950

Interest on borrowings

 

1,613

 

686

 

5,305

 

1,856

Total interest expense

 

9,587

 

6,137

 

27,543

 

16,806

Net interest income before provision for loan losses

 

51,785

 

49,772

 

155,442

 

146,805

Provision for loan losses

 

5,690

 

807

 

10,463

 

2,721

Net interest income after provision for loan losses

 

46,095

 

48,965

 

144,979

 

144,084

Non-interest income:

Service charges

 

4,617

 

4,592

 

13,479

 

13,473

Bank card fees

 

3,752

 

3,686

 

10,946

 

10,720

Mortgage banking income

 

14,702

 

7,819

 

32,037

 

24,701

Bank-owned life insurance income

 

431

 

463

 

1,276

 

1,361

Other non-interest income

 

1,230

 

1,429

 

4,585

 

4,290

OREO-related income

 

27

 

72

 

147

 

913

Total non-interest income

 

24,759

 

18,061

 

62,470

 

55,458

Non-interest expense:

Salaries and benefits

 

33,522

 

28,127

 

92,079

 

87,910

Occupancy and equipment

 

6,825

 

6,925

 

20,428

 

22,070

Telecommunications and data processing

 

2,133

 

2,186

 

6,547

 

8,653

Marketing and business development

 

985

 

1,128

 

2,811

 

3,589

FDIC deposit insurance

 

58

 

401

 

1,049

 

1,911

Bank card expenses

 

1,288

 

1,258

 

3,521

 

4,491

Professional fees

 

743

 

1,117

 

2,598

 

4,686

Other non-interest expense

 

3,856

 

2,564

 

9,468

 

9,515

Problem asset workout

602

665

2,450

2,221

Gain on OREO sales, net

(6,514)

(450)

(7,200)

(386)

Core deposit intangible asset amortization

 

295

 

511

 

887

 

1,817

Total non-interest expense

 

43,793

 

44,432

 

134,638

 

146,477

Income before income taxes

 

27,061

 

22,594

 

72,811

 

53,065

Income tax expense

 

5,419

 

4,354

 

11,965

 

8,849

Net income

$

21,642

$

18,240

$

60,846

$

44,216

Income per share—basic

$

0.69

$

0.59

$

1.95

$

1.44

Income per share—diluted

$

0.69

$

0.58

$

1.93

$

1.41

Weighted average number of common shares outstanding:

Basic

 

31,281,970

 

30,869,683

 

31,133,982

 

30,700,977

Diluted

 

31,508,999

 

31,540,716

 

31,537,334

 

31,388,786

See accompanying notes to the consolidated interim financial statements.

6

NATIONAL BANK HOLDINGS CORPORATION AND SUBSIDIARIES

Consolidated Statements of Comprehensive Income (Unaudited)

(In thousands)

For the three months ended

For the nine months ended

September 30, 

September 30, 

2019

2018

2019

2018

Net income

$

21,642

    

$

18,240

    

$

60,846

    

$

44,216

Other comprehensive income (loss), net of tax:

Securities available-for-sale:

Net unrealized gains (losses) arising during the period, net of tax (expense) benefit of ($574) and $786 for the three months ended September 30, 2019 and 2018, respectively; and net of tax (expense) benefit of ($4,760) and $3,776 for the nine months ended September 30, 2019 and 2018, respectively

 

1,828

 

(2,499)

 

15,150

 

(11,471)

Less: amortization of net unrealized holding gains to income, net of tax benefit of $78 and $97 for the three months ended September 30, 2019 and 2018, respectively; and net of tax benefit of $249 and $270 for the nine months ended September 30, 2019 and 2018, respectively

 

(247)

 

(308)

 

(788)

 

(1,022)

Other comprehensive income (loss)

 

1,581

 

(2,807)

 

14,362

 

(12,493)

Comprehensive income

$

23,223

$

15,433

$

75,208

$

31,723

See accompanying notes to the consolidated interim financial statements.

7

NATIONAL BANK HOLDINGS CORPORATION AND SUBSIDIARIES

Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)

(In thousands, except share and per share data)

For the three months ended September 30, 

    

    

    

    

Accumulated

    

Additional

other

Common

paid-in

Retained

Treasury

comprehensive

stock

capital

earnings

<