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PARENT COMPANY ONLY (Tables)
12 Months Ended
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
 
 
2018
 
 
2017
 
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
 
$
37,954
 
 
$
676
 
Investment in bank subsidiary
 
 
170,783
 
 
 
129,246
 
Premises and equipment, net
 
 
1
 
 
 
4
 
Interest receivable and other assets
 
 
245
 
 
 
198
 
Total Assets
 
$
208,983
 
 
$
130,124
 
 
 
 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ 
EQUITY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Junior subordinated debt
 
$
8,161
 
 
$
5,387
 
Long-term borrowings
 
 
 
 
 
6,000
 
Interest payable and other liabilities
 
 
69
 
 
 
102
 
Total liabilities
 
 
8,230
 
 
 
11,489
 
 
 
 
 
 
 
 
 
 
Shareholders’ equity
 
 
 
 
 
 
 
 
Preferred stock
 no par value; 10,000,000 shares authorized;  no shares issued and outstanding
 
 
 
 
 
 
Common stock
 no par value; 100,000,000 shares authorized; 10,869,275 and 7,496,995 shares issued and  outstanding
at December 31,
 2018 and 2017, respectively
 
 
149,248
 
 
 
81,307
 
Additional paid in capital
 
 
287
 
 
 
287
 
Accumulated other comprehensive (loss) income, net of tax
 
 
(103
)
 
 
213
 
Retained earnings
 
 
51,321
 
 
 
36,828
 
Total
shareholders’
 equity
 
 
200,753
 
 
 
118,635
 
Total Liabilities and 
Shareholders’
Equity
 
$
208,983
 
 
$
130,124
 
Condensed Income Statement [Table Text Block]
 
 
2018
 
 
2017
 
 
 
 
 
 
 
 
Income:
 
 
 
 
 
 
 
 
Interest income
 
$
466
 
 
$
 
Dividends from bank subsidiary
 
 
14,535
 
 
 
5,620
 
Dividends from statutory trusts
 
 
2
 
 
 
3
 
Total income
 
 
15,003
 
 
 
5,623
 
 
 
 
 
 
 
 
 
 
Expense:
 
 
 
 
 
 
 
 
Interest expense
 
 
480
 
 
 
404
 
Noninterest expense
 
 
98
 
 
 
106
 
Total expense
 
 
578
 
 
 
510
 
Income before tax benefit
 
 
14,425
 
 
 
5,113
 
Provision for income tax benefit
 
 
(68
)
 
 
(147
)
Net income
 
$
14,493
 
 
$
5,260
 
Condensed Cash Flow Statement [Table Text Block]
 
 
2018
 
 
2017
 
Cash flows from operating activities:
 
 
 
 
 
 
 
 
Net income
 
$
14,493
 
 
$
5,260
 
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
 
 
 
Income from subsidiary
 
 
(14,655
)
 
 
(5,620
)
Dividend from subsidiary
 
 
 
 
 
19,035
 
Depreciation of furniture, fixtures and equipment
 
 
3
 
 
 
2
 
Income tax benefit
 
 
(68
)
 
 
(147
)
Accretion on junior subordinated debt
 
 
36
 
 
 
40
 
Stock-based compensation expense
 
 
45
 
 
 
 
(Increase) in accrued interest receivable and other assets
 
 
(88
)
 
 
(12
)
(Decrease) in accrued expenses and other liabilities
 
 
(217
)
 
 
 
Net cash
(used in) 
provided by operating activities
 
 
(451
)
 
 
18,558
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities:
 
 
 
 
 
 
 
 
Capital contribution to subsidiary
 
 
(644
)
 
 
 
Sale of real estate investment
 
 
 
 
 
452
 
Net cash paid for acquisitions
 
 
(23,523
)
 
 
(18,881
)
Net cash used in investing activities
 
 
(24,167
)
 
 
(18,429
)
 
 
 
 
 
 
 
 
 
Cash flows from financing activities:
 
 
 
 
 
 
 
 
Restricted stock issued
 
 
1,135
 
 
 
 
(Decrease) increase in long-term borrowings
 
 
(6,000
)
 
 
6,000
 
Repurchase of shares
 
 
 
 
 
(24
)
Proceeds from initial public offering, net
 
 
66,761
 
 
 
 
Payoff of short-term borrowings
 
 
 
 
 
(5,429
)
Net cash provided by financing activities
 
 
61,896
 
 
 
547
 
Increase in cash and cash equivalents
 
 
37,278
 
 
 
676
 
Cash and cash equivalents at beginning of period
 
 
676
 
 
 
 
Cash and cash equivalents at end of period
 
$
37,954
 
 
$
676