Triumph Financial (TFIN) 10-K12 Feb 212020 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($) $ in Thousands	12 Months Ended
Cover Page - USD ($) $ in Thousands	Dec. 31, 2020	Feb. 09, 2021	Jun. 30, 2020
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-36722
Entity Registrant Name	TRIUMPH BANCORP, INC.
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	20-0477066
Entity Address, Address Line One	12700 Park Central Drive, Suite 1700
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75251
City Area Code	214)
Local Phone Number	365-6900
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 536,944
Entity Common Stock, Shares Outstanding		24,878,009
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Central Index Key	0001539638
Documents Incorporated by Reference	Portions of the Registrant’s Definitive Proxy Statement relating to the Annual Meeting of Stockholders, which will be filed within 120 days after December 31, 2020, are incorporated by reference into Part III of this Report.
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, Par Value $0.01 Per Share
Trading Symbol	TBK
Security Exchange Name	NASDAQ
Series C Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock
Trading Symbol	TBKCP
Security Exchange Name	NASDAQ

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 85,525	$ 67,747
Interest-bearing deposits with other banks	228,868	130,133
Total cash and cash equivalents	314,393	197,880
Securities - equity investments	5,826	5,437
Securities - available for sale	224,310	248,820
Securities - held to maturity, net of allowance for credit losses of $2,026 and $—, respectively, fair value $5,850 and $6,907, respectively	5,919	8,417
Loans held for sale	24,546	2,735
Loans, net of allowance for credit losses of $95,739 and $29,092, respectively	4,901,037	4,165,420
Federal Home Loan Bank and other restricted stock, at cost	6,751	19,860
Premises and equipment, net	103,404	96,595
Other real estate owned, net	1,432	3,009
Goodwill	163,209	158,743
Intangible assets, net	26,713	31,543
Bank-owned life insurance	41,608	40,954
Deferred tax asset, net	6,427	3,812
Indemnification asset	36,225	0
Other assets	73,991	77,072
Total assets	5,935,791	5,060,297
Liabilities
Noninterest-bearing	1,352,785	809,696
Interest-bearing	3,363,815	2,980,210
Total deposits	4,716,600	3,789,906
Customer repurchase agreements	3,099	2,033
Federal Home Loan Bank advances	105,000	430,000
Paycheck Protection Program Liquidity Facility	191,860	0
Subordinated notes	87,509	87,327
Junior subordinated debentures	40,072	39,566
Other liabilities	64,870	74,875
Total liabilities	5,209,010	4,423,707
Commitments and contingencies - See Notes 14 and 15
Stockholders' equity - See Note 19
Preferred stock	45,000	0
Common stock, 24,868,218 and 24,964,961 shares outstanding, respectively	280	272
Additional paid-in-capital	489,151	473,251
Treasury stock, at cost	(103,052)	(67,069)
Retained earnings	289,583	229,030
Accumulated other comprehensive income	5,819	1,106
Total stockholders’ equity	726,781	636,590
Total liabilities and stockholders' equity	$ 5,935,791	$ 5,060,297

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowance for credit losses	$ 2,026,000	$ 0	$ 0	$ 0
Securities - held to maturity	5,850,000	6,907,000
Allowance for credit loss	$ 95,739,000	$ 29,092,000
Common stock, shares outstanding (in shares)	24,868,218	24,964,961

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest and dividend income:
Loans, including fees	$ 198,214	$ 195,648	$ 160,723
Factored receivables, including fees	114,434	101,257	92,103
Securities	8,229	10,474	6,354
FHLB and other restricted stock	530	712	507
Cash deposits	708	3,062	3,289
Total interest and dividend income	322,115	311,153	262,976
Interest expense:
Deposits	27,403	40,225	23,058
Subordinated notes	5,363	3,553	3,351
Junior subordinated debentures	2,114	2,910	2,741
Other borrowings	2,507	8,562	6,776
Total interest expense	37,387	55,250	35,926
Net interest income	284,728	255,903	227,050
Credit loss expense	38,329	7,942	16,167
Net interest income after credit loss expense	246,399	247,961	210,883
Noninterest income:
Net OREO gains (losses) and valuation adjustments	(616)	351	(514)
Net gains (losses) on sale of securities	3,226	61	(272)
Insurance commissions	4,232	4,219	3,492
Gain on sale of subsidiary or division	9,758	0	1,071
Other	24,723	5,492	2,060
Total noninterest income	60,385	31,569	22,970
Noninterest expense:
Salaries and employee benefits	126,975	112,862	90,212
Occupancy, furniture and equipment	22,766	18,196	14,023
FDIC insurance and other regulatory assessments	1,520	298	1,129
Professional fees	9,349	7,288	8,939
Amortization of intangible assets	8,330	9,131	6,980
Advertising and promotion	4,718	6,126	4,974
Communications and technology	22,153	20,976	18,270
Other	26,263	29,207	22,826
Total noninterest expense	222,074	204,084	167,353
Net income before income tax expense	84,710	75,446	66,500
Income tax expense	20,686	16,902	14,792
Net income	64,024	58,544	51,708
Dividends on preferred stock	(1,701)	0	(578)
Net income available to common stockholders	$ 62,323	$ 58,544	$ 51,130
Earnings per common share
Basic (in dollars per share)	$ 2.56	$ 2.26	$ 2.06
Diluted (in dollars per share)	$ 2.53	$ 2.25	$ 2.03
Deposit Account
Noninterest income:
Revenue	$ 5,274	$ 7,132	$ 5,469
Credit and Debit Card
Noninterest income:
Revenue	7,781	7,873	6,514
Financial Service
Noninterest income:
Revenue	$ 6,007	$ 6,441	$ 5,150

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 64,024	$ 58,544	$ 51,708
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) arising during the period	8,578	3,065	(1,059)
Tax effect	(2,062)	(709)	240
Unrealized holding gains (losses) arising during the period, net of taxes	6,516	2,356	(819)
Reclassification of amount realized through sale or call of securities	(3,226)	(61)	272
Tax effect	800	14	(60)
Reclassification of amount realized through sale or call of securities, net of taxes	(2,426)	(47)	212
Change in unrealized gains (losses) on securities, net of tax	4,090	2,309	(607)
Unrealized gains (losses) on derivative financial instruments:
Unrealized holding gains (losses) arising during the period	782	0	0
Tax effect	(185)	0	0
Unrealized holding gains (losses) arising during the period, net of taxes	597	0	0
Reclassification of amount of gains (losses) recognized into income	34	0	0
Tax effect	(8)	0	0
Reclassification of amount of gains (losses) recognized into income, net of taxes	26	0	0
Change in unrealized gains (losses) on derivative financial instruments	623	0	0
Total other comprehensive income (loss)	4,713	2,309	(607)
Comprehensive income	$ 68,737	$ 60,853	$ 51,101

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Series A Preferred dividends	Series B Preferred dividends	Preferred Stock	Common Stock	Preferred Stock	Preferred StockPreferred Stock	Common Stock	Common StockCommon Stock	Additional Paid-in- Capital	Additional Paid-in- CapitalPreferred Stock	Additional Paid-in- CapitalCommon Stock	Treasury Stock	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Retained EarningsSeries A Preferred dividends	Retained EarningsSeries B Preferred dividends	Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2017	$ 391,698						$ 9,658		$ 209		$ 264,855			$ (1,784)	$ 119,356				$ (596)
Beginning Balance (in shares) at Dec. 31, 2017									20,820,445					91,951
Issuance of common stock, net of issuance costs (in shares)									5,405,000
Issuance of common stock, net of issuance costs	192,053								$ 54		191,999
Issuance of restricted stock awards (in shares)									65,001
Issuance of restricted stock awards	0								$ 1		(1)
Stock based compensation	2,735										2,735
Forfeiture of restricted stock awards (in shares)									2,448					2,448
Forfeiture of restricted stock awards	0										106			$ (106)
Stock option exercises, net (in shares)									1,366
Stock option exercises, net	(4)										(4)
Purchase of treasury stock (in shares)									9,664					9,664
Purchase of treasury stock	(398)													$ (398)
Preferred stock converted to common stock	0						(9,658)		$ 7		9,651
Preferred stock converted to common stock (in shares)									670,236
Preferred stock dividends			$ (273)	$ (305)													$ (273)	$ (305)
Net income	51,708														51,708
Other comprehensive income (loss)	(607)																		(607)
Ending Balance at Dec. 31, 2018	636,607						0		$ 271		469,341			$ (2,288)	170,486				(1,203)
Ending Balance (in shares) at Dec. 31, 2018									26,949,936					104,063
Issuance of restricted stock awards (in shares)									104,413
Issuance of restricted stock awards	0								$ 1		(1)
Stock based compensation	3,654										3,654
Forfeiture of restricted stock awards (in shares)									8,602					8,602
Forfeiture of restricted stock awards	0										257			$ (257)
Stock option exercises, net (in shares)									5,230
Stock option exercises, net	0
Purchase of treasury stock (in shares)									2,086,016					2,086,016
Purchase of treasury stock	(64,524)													$ (64,524)
Net income	58,544														58,544
Other comprehensive income (loss)	2,309																		2,309
Ending Balance at Dec. 31, 2019	$ 636,590	$ (1,770)					0		$ 272		473,251			$ (67,069)	229,030	$ (1,770)			1,106
Ending Balance (in shares) at Dec. 31, 2019									24,964,961					2,198,681
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Issuance of common stock, net of issuance costs (in shares)										630,268
Issuance of common stock, net of issuance costs					$ 42,364	$ 13,942		$ 45,000		$ 7		$ (2,636)	$ 13,935
Issuance of restricted stock awards (in shares)									138,417
Issuance of restricted stock awards	$ 0								$ 1		(1)
Stock based compensation	4,618										4,618
Forfeiture of restricted stock awards (in shares)									6,067					6,067
Forfeiture of restricted stock awards	0										211			$ (211)
Stock option exercises, net (in shares)									19,394
Stock option exercises, net	$ (227)										(227)
Purchase of treasury stock (in shares)	871,319								878,755					878,755
Purchase of treasury stock	$ (35,772)													$ (35,772)
Preferred stock dividends	(1,701)														(1,701)
Net income	64,024														64,024
Other comprehensive income (loss)	4,713																		4,713
Ending Balance at Dec. 31, 2020	$ 726,781						$ 45,000		$ 280		$ 489,151			$ (103,052)	$ 289,583				$ 5,819
Ending Balance (in shares) at Dec. 31, 2020									24,868,218					3,083,503

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 64,024	$ 58,544	$ 51,708
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	10,720	8,135	5,720
Net accretion on loans	(10,711)	(5,568)	(8,296)
Amortization of subordinated notes issuance costs	182	116	101
Amortization of junior subordinated debentures	506	483	460
Net amortization on securities	(129)	205	947
Amortization of intangible assets	8,330	9,131	6,980
Deferred taxes	(2,080)	3,931	708
Credit loss expense	38,329	7,942	16,167
Stock based compensation	4,618	3,654	2,735
Net (gains) losses on sale of securities	(3,226)	(61)	272
Net (gains) losses on equity securities	(389)	(393)	0
Origination of loans held for sale	(60,867)	(32,570)	(4,317)
Purchases of loans held for sale	(50,765)	(30,486)	0
Proceeds from sale of loans originated for sale	109,471	63,080	3,495
Net gains on sale of loans	(3,585)	(653)	(46)
Net (gains) losses on loans transferred to loans held for sale	770	(1,669)	0
Net OREO (gains) losses and valuation adjustments	616	(351)	514
Net change in operating leases	1,054	181	0
Gain on sale of subsidiary or division	(9,758)	0	(1,071)
Contingent consideration paid	(22,000)	0	0
(Increase) decrease in other assets	12,215	(14,991)	(8,385)
Increase (decrease) in other liabilities	10,002	3,790	6,138
Net cash provided by (used in) operating activities	97,327	72,450	73,830
Cash flows from investing activities:
Purchases of securities available for sale	(133,970)	(80,459)	(19,875)
Proceeds from sales of securities available for sale	70,198	40,617	123,016
Proceeds from maturities, calls, and pay downs of securities available for sale	96,768	129,382	78,709
Proceeds from maturities, calls, and pay downs of securities held to maturity	693	993	1,053
Purchases of loans held for investment	(324,892)	(129,428)	0
Proceeds from sale of loans	165,877	47,832	9,781
Net change in loans	(632,517)	(506,816)	(388,276)
Purchases of premises and equipment, net	(17,574)	(21,338)	(18,776)
Net proceeds from sale of OREO	2,111	2,762	8,483
Proceeds from surrender of BOLI	0	0	4,623
(Purchases) redemptions of FHLB and other restricted stock, net	13,109	(3,917)	978
Cash paid for acquisitions, net of cash acquired	(108,375)	0	(141,872)
Proceeds from sale of subsidiary or division, net	93,835	0	73,849
Net cash provided by (used in) investing activities	(774,737)	(520,372)	(268,307)
Cash flows from financing activities:
Net increase (decrease) in deposits	921,333	339,557	146,954
Increase (decrease) in customer repurchase agreements	1,066	(2,452)	(7,003)
Increase (decrease) in Federal Home Loan Bank advances	(325,000)	100,000	(35,737)
Proceeds from Paycheck Protection Program Liquidity Facility borrowings	231,370	0	0
Repayment of Paycheck Protection Program Liquidity Facility borrowings	(39,510)	0	0
Proceeds from issuance of subordinated notes, net	0	38,282	0
Issuance of common stock, net of issuance costs	0	0	192,053
Issuance of preferred stock, net of issuance costs	42,364	0	0
Stock option exercises	(227)	0	(4)
Purchase of treasury stock	(35,772)	(64,524)	(398)
Dividends on preferred stock	(1,701)	0	(578)
Net cash provided by (used in) financing activities	793,923	410,863	295,287
Net increase (decrease) in cash and cash equivalents	116,513	(37,059)	100,810
Cash and cash equivalents at beginning of period	197,880	234,939	134,129
Cash and cash equivalents at end of period	314,393	197,880	234,939
Supplemental cash flow information:
Interest paid	41,743	52,006	31,965
Income taxes paid, net	12,080	17,748	12,839
Cash paid for operating lease liabilities	4,236	4,196	0
Supplemental noncash disclosures:
Loans transferred to OREO	1,150	3,360	514
Premises transferred to OREO	0	0	1,139
Loans transferred to loans held for sale	185,823	46,163	9,781
Assets transferred to assets held for sale	84,077	0	0
Lease liabilities arising from obtaining right-of-use assets	$ 1,777	$ 2,557	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Triumph Bancorp, Inc. (collectively with its subsidiaries, “Triumph”, or the “Company” as applicable) is a financial holding company headquartered in Dallas, Texas. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries Triumph CRA Holdings, LLC (“TCRA”), TBK Bank, SSB (“TBK Bank”), TBK Bank’s wholly owned factoring subsidiary Advance Business Capital LLC, which currently operates under the d/b/a of Triumph Business Capital (“TBC”), and TBK Bank’s wholly owned subsidiary Triumph Insurance Group, Inc. (“TIG”). On June 30, 2020, the Company sold the assets of Triumph Premium Finance (“TPF”) and exited its premium finance line of business. TPF operated within the Company’s TBK Bank subsidiary. On March 16, 2018, the Company sold the assets of Triumph Healthcare Finance (“THF”) and exited its healthcare asset based lending line of business. THF operated within the Company’s TBK Bank subsidiary. See Note 2 – Business Combinations and Divestitures for additional information pertaining to the TPF and THF sales and the impact of the transactions on the Company’s consolidated financial statements. Principles of Consolidation and Basis of Presentation The Company consolidates subsidiaries in which it holds, directly or indirectly, a controlling financial interest. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity or a variable interest entity under U.S. generally accepted accounting principles (“GAAP”). Voting interest entities are entities in which the total equity investment at risk is sufficient to enable the entity to finance itself independently and provides the equity holders with the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity’s activities. The Company consolidates voting interest entities in which it has at least a majority of the voting interest. Variable interest entities (“VIEs”) are entities that lack one or more of the characteristics of a voting interest entity. A controlling financial interest in a VIE is present when an enterprise has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and an obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The enterprise with a controlling financial interest, known as the primary beneficiary, consolidates the VIE. In consolidation, all significant intercompany accounts and transactions are eliminated. Investments in unconsolidated entities are accounted for using the equity method of accounting when the Company has the ability to exercise significant influence over operating and financing decisions. Investments that do not meet the criteria for equity method accounting are accounted for using the cost method of accounting. The accounting and reporting policies of the Company and its subsidiaries conform to GAAP and general practice within the banking industry. Certain reclassifications have been made to prior year amounts to conform to the current year presentation. The Company uses the accrual basis of accounting for financial reporting purposes. Use of Estimates To prepare financial statements in conformity with GAAP management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. Risks and Uncertainties The outbreak of COVID-19 has adversely impacted a broad range of industries in which the Company’s customers operate and could impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If the global response to contain COVID-19 escalates further or is unsuccessful, the Company could experience further material adverse effects on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and resulting measures to curtail its spread, will have on the Company’s operations, the Company is disclosing potentially material items of which it is aware. Financial position and results of operations In keeping with guidance from regulators, the Company continues to work with COVID-19 affected customers. During the second quarter of 2020 we waived fees from a variety of sources, such as, but not limited to, insufficient funds and overdraft fees, ATM fees, account maintenance fees, etc. These reductions in fees were temporary and expired on June 1, 2020 resulting in a decrease in service charges on deposits fee income for the year ended December 31, 2020 compared to the same period during 2019. Should the pandemic and the global response escalate further, it is possible that the Company could reduce such fees in future periods; however, at this time, the Company is unable to project the materiality of such an impact on the results of operations in future periods. The Company’s interest income could be reduced due to COVID-19. In keeping with guidance from regulators, the Company continues to work with COVID-19 affected borrowers to defer their payments, interest, and fees. While interest and fees continue to accrue to income, through normal GAAP accounting, should eventual credit losses on these deferred payments emerge, the related loans would be placed on nonaccrual status and interest income and fees accrued would be reversed. In such a scenario, interest income in future periods could be negatively impacted. As of December 31, 2020 the Company carries $726,000 of accrued interest income and fees on outstanding deferrals made to COVID-19 affected borrowers. At this time, the Company is unable to project the materiality of such an impact on future deferrals to COVID-19 affected borrowers, but recognizes the breadth of the economic impact may affect its borrowers’ ability to repay in future periods. Capital and liquidity Our reported and regulatory capital ratios could be adversely impacted by further credit loss expense. We rely on cash on hand as well as dividends from our subsidiary bank to service our debt. If our capital deteriorates such that our subsidiary bank is unable to pay dividends to us for an extended period of time, we may not be able to service our debt. We maintain access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short-term funding have recently been volatile. If funding costs are elevated for an extended period of time, it could have an adverse effect on our net interest margin. If an extended recession caused large numbers of our deposit customers to withdraw their funds, we might become more reliant on volatile or more expensive sources of funding. Intangible asset valuation COVID-19 could cause a decline in the Company’s stock price or the occurrence of what management would deem to be a triggering event that could, under certain circumstances, cause us to perform a goodwill impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. It is possible that the lingering effects of COVID-19 could cause the occurrence of what management would deem to be a triggering event that could, under certain circumstances, cause us to perform an intangible asset impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its intangible assets are impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Lending operations and accommodations to borrowers In keeping with regulatory guidance to work with borrowers during this unprecedented situation and as outlined in the Section 4013 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) , the Company is executing a payment deferral program for its commercial lending clients that are adversely affected by the pandemic. Depending on the demonstrated need of the client, the Company is deferring either the full loan payment or the principal component of the loan payment for 60 or 90 days. As of December 31, 2020, the Company’s balance sheet reflected 59 of these deferrals on outstanding loan balances of $104,597,000. In accordance with the CARES Act and March 2020 interagency guidance, these deferrals are not considered troubled debt restructurings. It is possible that these deferrals could be extended further under the CARES Act; however, the volume of these future potential extensions is unknown. It is also possible that in spite of our best efforts to assist our borrowers and achieve full collection of our investment, these deferred loans could result in future charge-offs with additional credit loss expense charged to earnings; however, the amount of any future charge-offs on deferred loans is unknown. With the passage of the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), the Company has participated in assisting its customers with applications for resources through the program. PPP loans have two-year and five-year terms and earn interest at a 1% coupon. The Company believes that the majority of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. As of December 31, 2020, the Company carried 1,913 PPP loans representing a book value of $189,857,000. The Company has received approximately $7,660,000 in total fees from the SBA, $4,570,000 of which were recognized in interest income and fees during the year ended December 31, 2020. The remaining fees will be amortized and recognized over the remaining lives of the loans. It is the Company’s understanding that loans funded through the PPP program are fully guaranteed by the U.S. government. Should those circumstances change, the Company could be required to establish an allowance for credit loss through additional credit loss expense charged to earnings. Credit The Company is working with customers directly affected by COVID-19. The Company is prepared to offer assistance in accordance with regulator guidelines. As a result of the current economic environment caused by the COVID-19 virus, the Company is engaging in communication with borrowers to understand their situation and the challenges faced, allowing the Company to respond proactively as needs and issues arise. Should the economy experience a prolonged period of poor economic conditions or should economic conditions worsen, the Company could experience further increases in its required allowance for credit losses (“ACL”) and record additional credit loss expense. It is possible that the Company’s asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged. Held to Maturity Securities At December 31, 2020, we held $7,945,000 in subordinated notes of three CLO securities managed by our former subsidiary. These securities are the junior-most in securitization capital structures, and are subject to suspension of distributions if the credit of the underlying loan portfolios deteriorates materially. During the year ended December 31, 2020, pandemic-related downgrades and default activity caused overcollateralization triggers to be tripped on two of the three CLO investments which had a material impact on expected cash flows used to calculate the ACL. At December 31, 2020, the CLO investments had recovered and none of the overcollateralization triggers were tripped. The required ACL on these balances was $2,026,000 December 31, 2020 resulting in $1,900,000 of credit loss expense recognized during the year ended December 31, 2020. Ultimately, the realized cash flows on CLO securities such as these will be driven by a variety of factors, including credit performance of the underlying loan portfolio, adjustments to the portfolio by the asset manager, and the timing of a potential call. Thus, we may not receive the full amount of cash distributions we expect to receive, which would cause us to record additional allowance for credit losses with a corresponding charge to credit loss expense through earnings. At December 31, 2020, the Company’s held to maturity securities were classified as nonaccrual. Transportation The Company’s transportation businesses may be affected by COVID-19 and the volatility in oil prices. The global supply disruption from China and Mexico, in combination with the U.S. supply chain challenges due to business disruptions and an overall decrease in consumer demand could have a material impact on freight volumes in the U.S., which could impact our factoring and transportation lending operations in future periods; however, the ultimate impact is unknown. Cash and Cash Equivalents For the purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, other short-term investments and federal funds sold. All highly liquid investments with an initial maturity of less than 90 days are considered to be cash equivalents. Certain items, including loan and deposit transactions, customer repurchase agreements, and FHLB advances and repayments, are presented net in the statement of cash flows. Debt Securities The Company determines the classification of debt securities at the time of purchase. Debt securities that management has the positive intent and ability to hold to maturity are classified as held to maturity and recorded at amortized cost. Trading securities are recorded at fair value with changes in fair value included in earnings. Debt securities not classified as held to maturity or trading are classified as available for sale and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of tax. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. Amortization of premiums and discounts are recognized in interest income over the period to maturity using the interest method, except for premiums on callable debt securities, which are amortized to their earliest call date. The Company has made a policy election to exclude accrued interest from the amortized cost basis of debt securities and report accrued interest separately in other assets in the consolidated balance sheets. A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent or if full collection of interest or principal becomes uncertain. Accrued interest for a security placed on nonaccrual is reversed against interest income. There was no accrued interest related to debt securities reversed against interest income for the year ended December 31, 2020 and 2019. Allowance for Credit Losses – Available for Sale Securities For available for sale debt securities in an unrealized loss position, the Company evaluates the securities to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or noncredit-related factors. Any impairment that is not credit related is recognized in other comprehensive income, net of applicable taxes. Credit-related impairment is recognized as an allowance for credit losses (“ACL”) on the balance sheet, limited to the amount by which the amortized cost basis exceeds the fair value, with a corresponding adjustment to earnings. Both the ACL and the adjustment to net income may be reversed if conditions change. However, if the Company intends to sell an impaired available for sale debt security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire impairment amount must be recognized in earnings with a corresponding adjustment to the security’s amortized cost basis. Because the security’s amortized cost basis is adjusted to fair value, there is no ACL in such a situation. In evaluating available for sale debt securities in unrealized loss positions for impairment and the criteria regarding its intent or requirement to sell such securities, the Company considers the extent to which fair value is less than amortized cost, whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuers’ financial condition, among other factors. Changes in the allowance for credit losses are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the ACL when management believes the uncollectability of an available for sale debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable is excluded from the estimate of credit losses. Allowance for Credit Losses – Held to Maturity Securities The allowance for credit losses on held to maturity securities is estimated on a collective basis by major security type. At December 31, 2020 and 2019, the Company’s held to maturity securities consisted of investments in the subordinated notes of collateralized loan obligation (“CLO”) funds. Expected credit losses for these securities are estimated using a discounted cash flow methodology which considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Accrued interest receivable is excluded from the estimate of credit losses. Equity Securities Equity securities are recorded at fair value, with unrealized gains and losses included in earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. Loans Held for Sale The Company elects the fair value option for recording 1-4 family residential mortgage loans and commercial loans held for sale in accordance with Accounting Standards Codification (“ASC”) 825, “Financial Instruments”. The fair value of loans held for sale is determined based on outstanding commitments from investors to purchase such loans or prevailing market rates. Increases or decreases in the fair value of loans held for sale, if any, are charged to earnings and are recorded in noninterest income in the consolidated statements of income. Gains and losses on sales of loans are based on the difference between the final selling price and the carrying value of the related loan sold. Mortgage loans held for sale are generally sold with servicing rights released. Management occasionally transfers loans held for investment to loans held for sale. Gains or losses on the transfer of loans to loans held for sale are recorded in noninterest income in the consolidated statements of income. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their amortized cost basis, which is the unpaid principal balance outstanding, net of unearned income, deferred loan fees and costs, premiums and discounts associated with acquisition date fair value adjustments on acquired loans, and any direct principal charge-offs. The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in other assets on consolidated balance sheets. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income over the remaining life of the loan without anticipating prepayments. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Loans are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. The accrual of interest income on loans is typically discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. Consumer loans are typically charged off no later than 120 days past due. All interest accrued but not received for a loan placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan balance is reduced to zero. Under the cash basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Factored Receivables The Company purchases invoices from its factoring clients in schedules or batches. To a much lesser extent, the Company will also make short-term advances to its clients on transportation contracts for upcoming loads. Cash is advanced to the client to the extent of the applicable advance rate, less fees, as set forth in the individual factoring agreements. The face value of the invoices purchased or amount advanced is recorded by the Company as factored receivables, and the unadvanced portions of the invoices purchased, less fees, are considered client reserves. The client reserves are held to settle any payment disputes or collection shortfalls, may be used to pay clients’ obligations to various third parties as directed by the client, are periodically released to or withdrawn by clients, and are reported as deposits in the consolidated balance sheets. Unearned factoring fees and unearned net origination fees are deferred and recognized over the weighted average collection period for each client. Subsequent factoring fees are recognized in interest income as incurred by the client and deducted from the clients’ reserve balances. Other factoring-related fees, which include wire transfer fees, carrier payment fees, fuel advance fees, and other similar fees, are reported by the Company as non-interest income. Acquired Loans Acquired loans are recorded at fair value at the date of acquisition based on a discounted cash flow methodology that considers various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company’s assessment of risk inherent in the cash flow estimates. Certain larger purchased loans are individually evaluated while certain purchased loans are grouped together according to similar risk characteristics and are treated in the aggregate when applying various valuation techniques. These cash flow evaluations are inherently subjective as they require material estimates, all of which may be susceptible to significant change. Prior to January 1, 2020, loans acquired in a business combination that had evidence of deterioration of credit quality since origination and for which it was probable, at acquisition, that the Company would be unable to collect all contractually required payments receivable were considered purchased credit impaired (“PCI”). PCI loans were individually evaluated and recorded at fair value at the date of acquisition with no initial valuation allowance based on a discounted cash flow methodology that considered various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company’s assessment of risk inherent in the cash flow estimates. The difference between the undiscounted cash flows expected at acquisition and the investment in the loan, or the “accretable yield,” was recognized as interest income on a level-yield method over the life of the loan. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition, or the “nonaccretable difference,” were not recognized on the balance sheet and did not result in any yield adjustments, loss accruals or valuation allowances. Increases in expected cash flows, including prepayments, subsequent to the initial investment were recognized prospectively through adjustment of the yield on the loan over its remaining life. Decreases in expected cash flows were recognized as impairment. Valuation allowances on PCI loans reflected only losses incurred after the acquisition (meaning the present value of all cash flows expected at acquisition that ultimately were not to be received). Subsequent to January 1, 2020, loans acquired in a business combination that have experienced more-than-insignificant deterioration in credit quality since origination are considered purchased credit deteriorated (“PCD”) loans. At the acquisition date, an estimate of expected credit losses is made for groups of PCD loans with similar risk characteristics and individual PCD loans without similar risk characteristics. This initial allowance for credit losses is allocated to individual PCD loans and added to the purchase price or acquisition date fair values to establish the initial amortized cost basis of the PCD loans. As the initial allowance for credit losses is added to the purchase price, there is no credit loss expense recognized upon acquisition of a PCD loan. Any difference between the unpaid principal balance of PCD loans and the amortized cost basis is considered to relate to noncredit factors and results in a discount or premium. Discounts and premiums are recognized through interest income on a level-yield method over the life of the loans. All loans considered to be PCI prior to January 1, 2020 were converted to PCD on that date. For acquired loans not deemed purchased credit deteriorated at acquisition, the differences between the initial fair value and the unpaid principal balance are recognized as interest income on a level-yield basis over the lives of the related loans. At the acquisition date, an initial allowance for expected credit losses is estimated and recorded as credit loss expense. The subsequent measurement of expected credit losses for all acquired loans is the same as the subsequent measurement of expected credit losses for originated loans. Allowance for Credit Losses – Loans Refer to the Adoption of New Accounting Standards within this footnote for discussion of the change in methodology used to calculate the ACL effective January 1, 2020. Under the current expected credit loss model adopted by the Company on January 1, 2020, the allowance for credit losses on loans is a valuation allowance estimated at each balance sheet date in accordance with US GAAP that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans. The Company estimates the ACL on loans based on the underlying assets’ amortized cost basis, which is the amount at which the financing receivable is originated or acquired, adjusted for applicable accretion or amortization of premium, discount, and net deferred fees or costs, collection of cash, and charge-offs. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has made a policy election to exclude accrued interest from the measurement of ACL. Expected credit losses are reflected in the allowance for credit losses through a charge to credit loss expense. When the Company deems all or a portion of a financial asset to be uncollectible the appropriate amount is written off and the ACL is reduced by the same amount. The Company applies judgment to determine when a financial asset is deemed uncollectible; however, generally speaking, an asset will be considered uncollectible no later than when all efforts at collection have been exhausted. Subsequent recoveries, if any, are credited to the ACL when received. The Company measures expected credit losses of financial assets on a collective (pool) basis, when the financial assets share similar risk characteristics. Depending on the nature of the pool of financial assets with similar risk characteristics, the Company uses a discounted cash flow (“DCF”) method or a loss-rate method to estimate expected credit losses. The Company’s methodologies for estimating the ACL consider available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies apply historical loss information, adjusted for asset-specific characteristics, economic conditions at the measurement date, and forecasts about future economic conditions expected to exist through the contractual lives of the financial assets that are reasonable and supportable, to the identified pools of financial assets with similar risk characteristics for which the historical loss experience was observed. The Company’s methodologies revert back to historical loss information on a straight-line basis over eight quarters when it can no longer develop reasonable and supportable forecasts. The Company has identified the following pools of financial assets with similar risk characteristics for measuring expected credit losses: Commercial Real Estate — This category of loans consists of the following loan types: Non-farm Non-residential — This category includes real estate loans for a variety of commercial property types and purposes, including owner occupied commercial real estate loans primarily secured by commercial office or industrial buildings, warehouses or retail buildings where the owner of the building occupies the property. Repayment terms vary considerably, interest rates are fixed or variable, and are structured for full, partial, or no amortization of principal. This category also includes investment real estate loans that are primarily secured by office and industrial buildings, warehouses, small retail shopping centers and various special purpose properties. Generally, these types of loans are thought to involve a greater degree of credit risk than owner occupied commercial real estate as they are more sensitive to adverse economic conditions. Multi-family residential — Investment real estate loans are primarily secured by non-owner occupied apartment or multifamily residential buildings. Generally, these types of loans are thought to involve a greater degree of credit risk than owner occupied commercial real estate as they are more sensitive to adverse economic conditions. Construction, land development, land —This category of loans consists of loans to finance the ground up construction, improvement and/or carrying for sale after the completion of construction of owner occupied and non-owner occupied residential and commercial properties, and loans secured by raw or improved land. The repayment of construction loans is generally dependent upon the successful completion of the improvements by the builder for the end user, or sale of the property to a third-party. Repayment of land secured loans are dependent upon the successful development and sale of the property, the sale of the land as is, or the outside cash flow of the owners to support the retirement of the debt. 1-4 family residential — This category of loans includes both first and junior liens on residential real estate. Home equity revolving lines of credit and home equity term loans are included in this group of loans. Farmland — These loans are principally loans to purchase farmland. Commercial — Commercial loans are loans for commercial, corporate and business purposes. The Company’s commercial business loan portfolio is comprised of loans for a variety of purposes and across a variety of industries. These loans include

Business Combinations and Dives

Business Combinations and Divestitures	12 Months Ended
Business Combinations and Divestitures	Dec. 31, 2020
Business Combinations [Abstract]
Business Combinations and Divestitures	BUSINESS COMBINATIONS AND DIVESTITURES Transport Financial Solutions On July 8, 2020, the Company, through its wholly-owned subsidiary Advance Business Capital LLC (“ABC”), acquired the transportation factoring assets and certain personnel (the “TFS Acquisition”) of Transport Financial Solutions (“TFS”), a wholly owned subsidiary of Covenant Logistics Group, Inc. ("CVLG"), in exchange for cash consideration of $108,375,000, 630,268 shares of the Company’s common stock valued at approximately $13,942,000, and contingent consideration of up to approximately $9,900,000 to be paid in cash following the twelve-month period ending July 31, 2021. Subsequent to the closing of the TFS Acquisition, the Company identified that approximately $62,200,000 of the assets acquired at closing were advances against future payments to be made to three large clients (and their affiliated entities) of TFS pursuant to long-term contractual arrangements between the obligor on such contracts and such clients (and their affiliated entities) for services that had not yet been performed. On September 23, 2020, the Company and ABC entered into an Account Management Agreement, Amendment to Purchase Agreement and Mutual Release (the “Agreement”) with CVLG and Covenant Transport Solutions, LLC, a wholly owned subsidiary of CVLG ( “CTS” and, together with CVLG, "Covenant"). Pursuant to the Agreement, the parties agreed to certain amendments to that certain Accounts Receivable Purchase Agreement (the “ARPA”), dated as of July 8, 2020, by and among ABC, as buyer, CTS, as seller, and the Company, as buyer indirect parent. Such amendments include: • Return of the portion of the purchase price paid under the ARPA consisting of 630,268 shares of Company common stock, which was accomplished through the sale of such shares by Covenant pursuant to the terms of the Agreement and the surrender of the cash proceeds of such sale (net of brokerage or underwriting fees and commissions) to the Company; • Elimination of the earn-out consideration potentially payable to CTS under the ARPA; and • Modification of the indemnity provisions under the ARPA that eliminated the existing indemnifications for breaches of representations and warranties and replaced such with a newly established indemnification by Covenant in the event ABC incurs losses related to the $62,200,000 in over-formula advances made to specified clients identified in the Agreement (the “Over-Formula Advance Portfolio”). Under the terms of the new indemnification arrangement, Covenant is responsible for and will indemnify ABC for 100% of the first $30,000,000 of any losses incurred by ABC related to the Over-Formula Advance Portfolio, and for 50% of the next $30,000,000 of any losses incurred by ABC, for total indemnification by Covenant of $45,000,000. Covenant’s indemnification obligations under the Agreement are secured by a pledge of equipment collateral by Covenant with an estimated net orderly liquidation value of $60,000,000 (the “Equipment Collateral”). The Company’s wholly-owned bank subsidiary, TBK Bank, SSB, has provided Covenant with a $45,000,000 line of credit, also secured by the Equipment Collateral, the proceeds of which may be drawn to satisfy Covenant’s indemnification obligations under the Agreement. Pursuant to the Agreement, Triumph and Covenant agreed to certain terms related to the management of the Over-Formula Advance Portfolio, and the terms by which Covenant may provide assistance to maximize recovery on the Over-Formula Advance Portfolio. Pursuant to the Agreement, the Company and Covenant provided mutual releases to each other related to any and all claims related to the transactions contemplated by the ARPA or the Over-Formula Advance Portfolio. The measurement period for this transaction was open at the time the Agreement was executed and the Company has determined that there is a clear and direct link between the Agreement and the ARPA. Therefore, the terms of the Agreement have been incorporated into the Company's purchase accounting which has resulted in the elimination of the contingent consideration component of the ARPA, the recognition of a receivable due from Covenant as part of the consideration for the transaction, and an indemnification asset to reflect the modification of Covenant's indemnification obligations. A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Assets acquired: Factored receivables $107,524 Allowance for credit losses (37,415) Factored receivables, net of ACL 70,109 Intangible assets 3,500 Indemnification asset 30,959 Deferred income taxes 1,448 106,016 Liabilities assumed: Deposits 5,361 5,361 Fair value of net assets acquired 100,655 Consideration: Cash paid 108,375 Stock consideration 13,942 Receivable due from seller subsequent to liquidation of stock consideration (17,196) Total consideration 105,121 Goodwill $4,466 The acquired assets were allocated to the Company’s Factoring segment. The Company has recognized goodwill of $4,466,000, which was calculated as the excess of the fair value of consideration exchanged as compared to the fair value of identifiable net assets acquired and was allocated to the Company’s Factoring segment. The goodwill in this acquisition resulted from expected synergies and expansion in the factoring market. The goodwill is not deductible for tax purposes. Consideration included a receivable due from Covenant subsequent to liquidation of the stock consideration with an acquisition date fair value of $17,196,000. The fair value of the receivable due from Covenant for initial purchase accounting measurement purposes was based on the Company's stock price on the date of the Agreement, less an estimate of broker commissions and discounts. During the year ended December 31, 2020, the entirety of the acquired stock was sold by Covenant and Covenant delivered net proceeds of $28,064,000. The Company recognized $10,868,000 of other noninterest income measured as the difference between the initial purchase accounting measurement and the amount of net proceeds delivered to the Company upon liquidation. The intangible assets recognized include a customer relationship intangible asset with an acquisition date fair value of $3,500,000 which will be amortized utilizing an accelerated method over its eight year estimated useful life. The indemnification asset was measured separately from the related covered portfolio. It is not contractually embedded in the covered portfolio nor is it transferable with the covered portfolio should the Company choose to dispose of the portfolio or a portion of the portfolio. The indemnification asset at the time of the TFS Acquisition had a fair value of $30,959,000, measured as the present value of the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio. These cash flows were discounted at a rate to reflect the uncertainty of the timing and receipt of the payments from Covenant . The amount ultimately collected for this asset will be dependent upon the performance of the underlying covered portfolio, the passage of time, and Covenant's willingness and ability to make necessary payments. The terms of the Agreement are such that indemnification has no expiration date and the Company will continue to carry the indemnification asset until ultimate resolution of the covered portfolio. The Company has elected the fair value option for the indemnification asset. The indemnification asset is reviewed quarterly and changes to the asset are recorded as adjustments to other noninterest income or expense, as appropriate, within the Consolidated Statements of Income. The Company's estimate of probable losses on the covered portfolio increased between the acquisition date and year end resulting in an increase in the value of the indemnification asset of $5,266,000 to $36,225,000 at December 31, 2020. The contractually required payments and the fair value at acquisition of factored receivables purchased for which there was not, at acquisition, evidence of more than insignificant deterioration of credit quality since origination (non-PCD loans) totaled $45,228,000 and $44,962,000, respectively. Management determined that the $62,200,000 in Over-Formula Advances obtained through the TFS Acquisition had experienced more than insignificant credit deterioration since origination and thus, deemed those Over-Formula Advances to be purchased credit deteriorated ("PCD"). Other, less significant factored receivables were also considered to be PCD. The following table presents information at the acquisition date for factored receivables purchased for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination: (Dollars in thousands) Purchase price of loans at acquisition $25,147 Allowance for credit losses at acquisition 37,415 Non-credit discount/(premium) at acquisition 941 Par value of acquired loans at acquisition $63,503 Revenue and earnings of TFS since the acquisition date have not been disclosed as the acquired company was merged into the Company and separate financial information is not readily available. The initial accounting for the acquisition has not been completed because the fair values of the assets acquired and liabilities assumed have not yet been finalized. Expenses related to the acquisition, including professional fees and other transaction costs, totaling $827,000 were recorded in noninterest expense in the consolidated statements of income during the year ended December 31, 2020. Triumph Premium Finance On April 20, 2020, the Company entered into an agreement to sell the assets (the “Disposal Group”) of Triumph Premium Finance (“TPF”) and exit its premium finance line of business. The sale closed on June 30, 2020. A summary of the carrying amount of the assets in the Disposal Group and the gain on sale is as follows: (Dollars in thousands) Carrying amount of assets in the disposal group: Loans $ 84,504 Premises and equipment, net 45 Other assets 11 84,560 Carrying amount of liabilities in the disposal group: Other liabilities 479 Total carrying amount $ 84,081 Total consideration received 94,531 Gain on sale of division 10,450 Transaction costs 692 Gain on sale of division, net of transaction costs $ 9,758 The Disposal Group was included in the Banking segment, and the loans in the Disposal Group were previously included in the commercial loan portfolio. First Bancorp of Durango, Inc. and Southern Colorado Corp. Effective September 8, 2018 the Company acquired (i) First Bancorp of Durango, Inc. (“FBD”) and its community banking subsidiaries, The First National Bank of Durango and Bank of New Mexico and (ii) Southern Colorado Corp. (“SCC”) and its community banking subsidiary, Citizens Bank of Pagosa Springs, in all-cash transactions. The acquisitions expanded the Company’s market in Colorado and into New Mexico and further diversified the Company’s loan, customer, and deposit base. A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) FBD SCC Total Assets acquired: Cash and cash equivalents $ 151,973 $ 14,299 $ 166,272 Securities 237,183 33,477 270,660 Loans held for sale 1,238 — 1,238 Loans 256,384 31,454 287,838 FHLB stock 786 129 915 Premises and equipment 7,495 840 8,335 Other real estate owned 213 — 213 Intangible assets 11,915 2,154 14,069 Other assets 2,715 403 3,118 669,902 82,756 752,658 Liabilities assumed: Deposits 601,194 73,464 674,658 Federal Home Loan Bank advances 737 — 737 Other liabilities 1,313 64 1,377 603,244 73,528 676,772 Fair value of net assets acquired 66,658 9,228 75,886 Cash consideration transferred 134,667 13,294 147,961 Goodwill $ 68,009 $ 4,066 $ 72,075 The Company has recognized goodwill of $72,075,000, which was calculated as the excess of both the consideration exchanged and the liabilities assumed as compared to the fair value of identifiable net assets acquired and was allocated to the Company’s Banking segment. The goodwill in these acquisitions resulted from expected synergies and expansion in the Colorado market and into the New Mexico market. The goodwill will be deducted for tax purposes. The intangible assets recognized in the transactions are being amortized utilizing an accelerated method over their ten year estimated useful lives. In connection with the acquisitions, the Company acquired loans both with and without evidence of credit quality deterioration since origination. The acquired loans were initially recorded at fair value with no carryover of any allowance for loan and lease losses. Acquired loans were segregated between those considered to be purchased credit impaired (“PCI”) loans and those without credit impairment at acquisition. The following table presents details of the estimated fair value of acquired loans at the acquisition date: Loans Excluding PCI Loans PCI Loans Total Loans (Dollars in thousands) FBD SCC Total FBD SCC Total Commercial real estate $ 140,955 $ 11,894 $ 152,849 $ 832 $ 200 $ 1,032 $ 153,881 Construction, land development, land 13,949 5,229 19,178 3,081 — 3,081 22,259 1-4 family residential properties 59,228 10,180 69,408 75 — 75 69,483 Farmland 5,709 1,207 6,916 — — — 6,916 Commercial 26,125 2,121 28,246 1,020 — 1,020 29,266 Factored receivables — — — — — — — Consumer 5,410 623 6,033 — — — 6,033 Mortgage warehouse — — — — — — — $ 251,376 $ 31,254 $ 282,630 $ 5,008 $ 200 $ 5,208 $ 287,838 The following presents information at the acquisition date for non-PCI loans acquired in the transactions: (Dollars in thousands) FBD SCC Total Contractually required principal and interest payments $ 318,674 $ 38,590 $ 357,264 Contractual cash flows not expected to be collected $ 4,255 $ 550 $ 4,805 Fair value at acquisition $ 251,376 $ 31,254 $ 282,630 The following presents information at the acquisition date for PCI loans acquired in the transactions: (Dollars in thousands) FBD SCC Total Contractually required principal and interest payments $ 10,511 $ 269 $ 10,780 Contractual cash flows not expected to be collected (nonaccretable difference) 2,570 5 2,575 Expected cash flows at acquisition 7,941 264 8,205 Interest component of expected cash flows (accretable yield) 2,933 64 2,997 Fair value of loans acquired with deterioration of credit quality $ 5,008 $ 200 $ 5,208 The following table presents unaudited supplemental pro forma information for the years ended December 31, 2018 and 2017 as if the FBD and SCC acquisitions had occurred at the beginning of 2017. The supplemental pro forma information includes adjustments for interest income on loans acquired, depreciation expense on property acquired, amortization of intangibles arising from the transactions, and the related income tax effects. Additionally, because FBD and SCC were Subchapter S corporations before the acquisitions and did not incur any federal income tax liabilities, adjustments have been included to estimate the impact of federal income taxes on FBD and SCC’s net income for the periods presented. The supplemental pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transactions been completed on the assumed date. Year Ended December 31, 2018 (Dollars in thousands) FBD SCC Total Net interest income $ 241,322 $ 228,797 $ 243,069 Noninterest income $ 26,473 $ 23,412 $ 26,915 Net income $ 52,269 $ 51,541 $ 52,102 Basic earnings per common share $ 2.00 $ 2.05 $ 1.99 Diluted earnings per common share $ 1.97 $ 2.01 $ 1.96 Year Ended December 31, 2017 (Dollars in thousands) FBD SCC Total Net interest income $ 176,154 $ 158,166 $ 178,636 Noninterest income $ 45,570 $ 41,166 $ 46,080 Net income $ 39,211 $ 36,475 $ 39,466 Basic earnings per common share $ 1.68 $ 1.83 $ 1.66 Diluted earnings per common share $ 1.65 $ 1.79 $ 1.63 Revenue and earnings of FBD and SCC since the acquisition date have not been disclosed as the acquired companies were merged into the Company and separate financial information is not readily available. Expenses related to the acquisitions, including professional fees and other transaction costs, totaling $5,871,000 were recorded in noninterest expense in the consolidated statements of income during the year ended December 31, 2018. Interstate Capital Corporation On June 2, 2018, the Company acquired substantially all of the operating assets of, and assumed certain liabilities associated with, Interstate Capital Corporation’s (“ICC”) accounts receivable factoring business and other related financial services. ICC operates out of offices located in El Paso, Texas and provides invoice factoring to small and medium-sized businesses. A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Assets acquired: Cash and cash equivalents $ 75 Factored receivables 131,017 Premises and equipment 279 Intangible assets 13,920 Other assets 144 145,435 Liabilities assumed: Deposits 7,389 Other liabilities 763 8,152 Fair value of net assets acquired 137,283 Consideration: Cash paid 160,258 Contingent consideration 20,000 Total consideration 180,258 Goodwill $ 42,975 ICC’s net assets acquired were allocated to the Company’s Factoring segment whose factoring operations were significantly expanded as a result of the transaction. The Company has recognized goodwill of $42,975,000, which was calculated as the excess of both the fair value of cash consideration exchanged and the fair value of the contingent liability assumed as compared to the fair value of identifiable net assets acquired and was allocated to the Company’s Factoring segment. The goodwill in this acquisition resulted from expected synergies and expansion in the factoring market. The goodwill will be deducted for tax purposes. The intangible assets recognized include a customer relationship intangible asset with an acquisition date fair value of $13,500,000, which is being amortized utilizing an accelerated method over its eight year estimated useful life, and a trade name intangible asset with an acquisition date fair value of $420,000, which is being amortized on a straight-line basis over its three year estimated useful life. Consideration paid included contingent consideration with an acquisition date fair value of $20,000,000. The contingent consideration is based on a proprietary index designed to approximate the rise and fall of transportation invoice prices subsequent to acquisition and is correlated to monthly movements in average invoice prices historically experienced by ICC. At the end of a 30 month earnout period, a final average index price will be calculated and the contingent consideration will be settled in cash based on the final average index price. Final contingent consideration payout will range from $0 to $22,000,000, and the fair value of the associated liability will be remeasured each reporting period with changes in fair value recorded in noninterest income in the consolidated statements of income. The full $22,000,000 of contingent consideration was paid out during the year ended December 31, 2020. Revenue and earnings of ICC since the acquisition date have not been disclosed as the acquired company was merged into the Company and separate financial information is not readily available. Expenses related to the acquisition, including professional fees and other transaction costs, totaling $1,094,000 were recorded in noninterest expense in the consolidated statements of income during the year ended December 31, 2018. Triumph Healthcare Finance On January 19, 2018, the Company entered into an agreement to sell the assets (the “Disposal Group”) of Triumph Healthcare Finance (“THF”) and exit its healthcare asset based lending line of business. At December 31, 2017, the carrying amount of the Disposal Group was transferred to assets held for sale. The sale closed on March 16, 2018. A summary of the carrying amount of the assets in the Disposal Group and the gain on sale is as follows: (Dollars in thousands) Carrying amount of assets in the disposal group: Loans $ 70,147 Premises and equipment, net 19 Goodwill 1,457 Intangible assets, net 958 Other assets 197 Total carrying amount 72,778 Total consideration received 74,017 Gain on sale of division 1,239 Transaction costs 168 Gain on sale of division, net of transaction costs $ 1,071 The Disposal Group was included in the Banking segment, and the loans in the Disposal Group were previously included in the commercial loan portfolio.

Securities

Securities	12 Months Ended
Securities	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Securities	SECURITIES Equity Securities with Readily Determinable Fair Values The Company held equity securities with fair values of $5,826,000 and $5,437,000 at December 31, 2020 and 2019, respectively. The gross realized and unrealized gains (losses) recognized on equity securities with readily determinable fair values in noninterest income in the Company’s consolidated statements of income were as follows: (Dollars in thousands) 2020 2019 Unrealized gains (losses) on equity securities still held at the reporting date $ 389 $ 393 Realized gains (losses) on equity securities sold during the period — — $ 389 $ 393 Debt Securities Debt securities have been classified in the financial statements as available for sale or held to maturity. The following table summarizes the amortized cost, fair value, and allowance for credit losses of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held to maturity securities (Dollars in thousands) Amortized Gross Gross Allowance for Credit Losses Fair December 31, 2020 Available for sale securities: U.S. Government agency obligations $ 14,942 $ 146 $ — $ — $ 15,088 Mortgage-backed securities, residential 26,547 1,139 (2) — 27,684 Asset-backed securities 7,091 — (52) — 7,039 State and municipal 36,238 1,157 — — 37,395 CLO Securities 118,128 4,335 (259) — 122,204 Corporate bonds 11,373 205 (5) — 11,573 SBA pooled securities 3,200 133 (6) — 3,327 Total available for sale securities $ 217,519 $ 7,115 $ (324) $ — $ 224,310 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2020 Held to maturity securities: CLO securities $ 7,945 $ — $ (2,095) $ 5,850 Allowance for credit losses (2,026) Total held to maturity securities, net of ACL $ 5,919 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2019 Available for sale securities: U.S. Government agency obligations $ 39,679 $ 115 $ (34) $ 39,760 U.S. Treasury notes 37,324 728 (36) 38,016 Mortgage-backed securities, residential 8,039 — (80) 7,959 Asset-backed securities 31,746 327 (8) 32,065 State and municipal 75,592 39 (358) 75,273 Corporate bonds 50,889 695 (1) 51,583 SBA pooled securities 4,112 53 (1) 4,164 Total available for sale securities $ 247,381 $ 1,957 $ (518) $ 248,820 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2019 Held to maturity securities: CLO securities $ 8,417 $ — $ (1,510) $ 6,907 The amortized cost and estimated fair value of debt securities at December 31, 2020, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Securities Held to Maturity Securities (Dollars in thousands) Amortized Fair Amortized Fair Due in one year or less $ 26,603 $ 26,873 $ — $ — Due from one year to five years 12,119 12,394 — — Due from five years to ten years 23,434 24,944 7,945 5,850 Due after ten years 118,525 122,049 — — 180,681 186,260 7,945 5,850 Mortgage-backed securities, residential 26,547 27,684 — — Asset-backed securities 7,091 7,039 — — SBA pooled securities 3,200 3,327 — — $ 217,519 $ 224,310 $ 7,945 $ 5,850 Proceeds from sales of debt securities and the associated gross gains and losses are as follows: (Dollars in thousands) 2020 2019 2018 Proceeds $ 70,198 $ 40,617 $ 123,016 Gross gains 3,233 133 3 Gross losses (140) (125) (273) Net gains and losses from calls of securities 133 53 (2) Debt securities with a carrying amount of approximately $73,056,000 and $48,237,000 at December 31, 2020 and 2019, respectively, were pledged to secure public deposits, customer repurchase agreements, and for other purposes required or permitted by law. Accrued interest on available for sale securities totaled $1,233,000 and $1,685,000 at December 31, 2020 and 2019, respectively, and was included in other assets in the Consolidated Balance Sheets. The following table summarizes available for sale debt securities in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that individual securities have been in a continuous loss position: Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2020 Available for sale securities: U.S. Government agency obligations $ — $ — $ — $ — $ — $ — Mortgage-backed securities, residential 100 (1) 215 (1) 315 (2) Asset-backed securities 129 — 6,911 (52) 7,040 (52) State and municipal — — — — — — CLO Securities 12,083 (93) 29,785 (166) 41,868 (259) Corporate bonds 498 (5) 150 — 648 (5) SBA pooled securities 889 (6) 29 — 918 (6) Total available for sale securities $ 13,699 $ (105) $ 37,090 $ (219) $ 50,789 $ (324) Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2019 Available for sale securities: U.S. Government agency obligations $ — $ — $ 12,331 $ (34) $ 12,331 $ (34) Mortgage-backed securities, residential 3,549 (29) 777 (7) 4,326 (36) Asset-backed securities 2,986 (36) 4,973 (44) 7,959 (80) State and municipal 562 — 3,426 (8) 3,988 (8) CLO Securities 58,160 (358) — — 58,160 (358) Corporate bonds — — 149 (1) 149 (1) SBA pooled securities 354 — 9 (1) 363 (1) Total available for sale securities $ 65,611 $ (423) $ 21,665 $ (95) $ 87,276 $ (518) Management evaluates available for sale debt securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or noncredit-related factors. Consideration is given to (1)the extent to which the fair value is less than cost, (2)the financial condition and near-term prospects of the issuer, and (3)the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. At December 31, 2020, the Company had 42 available for sale debt securities in an unrealized loss position without an allowance for credit losses. Management does not have the intent to sell any of these securities and believes that it is more likely than not that the Company will not have to sell any such securities before a recovery of cost. The fair value is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of December 31, 2020, management believes that the unrealized losses detailed in the previous table are due to noncredit-related factors, including changes in interest rates and other market conditions, and therefore no losses have been recognized in the Company’s consolidated statements of income. The following table presents the activity in the allowance for credit losses for held to maturity debt securities: (Dollars in thousands) Year Ended December 31, Held to Maturity CLO Securities 2020 2019 2018 Allowance for credit losses: Beginning balance $ — $ — $ — Impact of adopting ASC 326 126 — — Credit loss expense 1,900 — — Allowance for credit losses ending balance $ 2,026 $ — $ — The Company’s held to maturity securities are investments in the unrated subordinated notes of collateralized loan obligation funds. These securities are the junior-most in securitization capital structures, and are subject to suspension of distributions if the credit of the underlying loan portfolios deteriorates materially. During the year ended December 31, 2020, pandemic-related downgrades and default activity caused overcollateralization triggers to be tripped on two of the three CLO investments which had a material impact on expected cash flows used to calculate the ACL. At year end, there were no overcollateralization triggers that remained tripped. Ultimately, the realized cash flows on CLO securities such as these will be driven by a variety of factors, including credit performance of the underlying loan portfolio, adjustments to the portfolio by the asset manager, and the timing of a potential call. At December 31, 2020, the Company’s held to maturity securities were classified as nonaccrual.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	Jul. 08, 2020
Loans and Leases Receivable Disclosure [Abstract]
Loans and Allowance for Credit Losses	LOANS AND ALLOWANCE FOR CREDIT LOSSES Loans Held for Sale The following table presents loans held for sale: (Dollars in thousands) December 31, 2020 December 31, 2019 1-4 family residential $ 6,319 $ 2,735 Commercial 18,227 — Total loans held for sale $ 24,546 $ 2,735 Loans Held for Investment and Allowance for Credit Losses The following table presents the amortized cost and unpaid principal for loans held for investment: December 31, 2020 December 31, 2019 (Dollars in thousands) Amortized Cost Unpaid Difference Amortized Cost Unpaid Difference Commercial real estate $ 779,158 $ 782,614 $ (3,456) $ 1,046,961 $ 1,051,684 $ (4,723) Construction, land development, land 219,647 220,021 (374) 160,569 162,335 (1,766) 1-4 family residential properties 157,147 157,731 (584) 179,425 180,340 (915) Farmland 103,685 104,522 (837) 154,975 156,995 (2,020) Commercial 1,562,957 1,579,841 (16,884) 1,342,683 1,346,444 (3,761) Factored receivables 1,120,770 1,122,008 (1,238) 619,986 621,697 (1,711) Consumer 15,838 15,863 (25) 21,925 21,994 (69) Mortgage warehouse 1,037,574 1,037,574 — 667,988 667,988 — Total 4,996,776 $ 5,020,174 $ (23,398) 4,194,512 $ 4,209,477 $ (14,965) Allowance for credit losses (95,739) (29,092) $ 4,901,037 $ 4,165,420 The difference between the amortized cost and unpaid principal balance is primarily (1) premiums and discounts associated with acquired loans totaling $18,511,000 and $13,573,000 at December 31, 2020 and 2019, respectively, and (2) net deferred origination and factoring fees totaling $4,887,000 and $1,392,000 at December 31, 2020 and 2019, respectively. Accrued Interest on loans, which is excluded from the amortized cost of loans held for investment, totaled $18,198,000 and $18,553,000 at December 31, 2020 and December 31, 2019, respectively, and was included in other assets in the Consolidated Balance Sheets. As of December 31, 2020, most of the Company’s non-factoring business activity is with customers located within certain states. The states of Texas (22%), Colorado (17%), Illinois (12%), and Iowa (6%), make up 57% of the Company’s gross loans, excluding factored receivables. Therefore, the Company’s exposure to credit risk is affected by changes in the economies in these states. At December 31, 2019, the states of Texas (27%), Colorado (23%), Illinois (13%), and Iowa (7%) made up 70% of the Company’s gross loans, excluding factored receivables. A majority (90%) of the Company’s factored receivables, representing approximately 20% of the total loan portfolio as of December 31, 2020, are transportation receivables. At December 31, 2019, 77% of our factored receivables, representing approximately 11% of our total loan portfolio, were transportation receivables. At December 31, 2020 and 2019, the Company had $145,892,000 and $66,754,000, respectively, of customer reserves associated with factored receivables which are held to settle any payment disputes or collection shortfalls, may be used to pay customers’ obligations to various third parties as directed by the customer and are periodically released to or withdrawn by customers. Customer reserves are reported as deposits in the consolidated balance sheets. At December 31, 2020 the balance of the Over-Formula Advance Portfolio included in factored receivables was $62,100,000. As of December 31, 2020 the Company carries a separate $19,600,000 receivable (the “Misdirected Payments”) payable by the United States Postal Service (“USPS”) arising from accounts factored to the largest Over-Formula Advance Portfolio carrier. This amount is included in factored receivables and is separate from the aforementioned Over-Formula Advance Portfolio. The amounts represented by this receivable were paid by the USPS directly to such customer in contravention of notices of assignment delivered to, and previously honored by, the USPS, which amount was then not remitted back to the Company by such customer as required. The USPS disputes their obligation to make such payment, citing purported deficiencies in the notices delivered to them. In addition to commencing litigation against such customer, the Company has also filed a declaratory judgment action in Federal District Court for the Southern District of Florida seeking a ruling that the USPS was obligated to make the payments represented by this receivable directly to the Company. Based on our legal analysis and discussions with our counsel advising us on this matter, the Company believes it is probable that it will prevail in such action and that the USPS will have the capacity to make payment on such receivable. Consequently, the Company has not reserved for such balance as of December 31, 2020. Loans with carrying amounts of $2,255,441,000 and $1,301,851,000 at December 31, 2020 and 2019, respectively, were pledged to secure Federal Home Loan Bank borrowing capacity and, beginning in 2020, to secure Paycheck Protection Program Liquidity Facility borrowings and Federal Reserve Bank discount window borrowing capacity. During the year ended December 31, 2020, loans with carrying amounts of $185,823,000 were transferred from loans held for investment to loans held for sale at fair value concurrently with management’s change in intent and decision to sell the loans. During the year ended December 31, 2020, certain loans transferred to held for sale were sold resulting in proceeds of $165,877,000, and the Company recognized net losses on transfers and sales of loans, which were recorded as other noninterest income in the consolidated statements of income, of $770,000. During the year ended December 31, 2019, loans with carrying amounts of $46,163,000 were transferred from loans held for investment to loans held for sale at fair value concurrently with management’s change in intent and decision to sell the loans. During the year ended December 31, 2019, certain loans transferred to held for sale were sold resulting in proceeds of $47,832,000 and net gains on transfers and sales of loans, which were recorded as other noninterest income in the Consolidated Statements of Income, of $1,669,000. During the year ended December 31, 2018, a related party loan with a carrying amount of $9,781,000 was transferred to loans held for sale as the Company made the decision to sell the loan. The loan was subsequently sold at its par value for no gain or loss. See Note 18 – Related Party Transactions for further information regarding the sale of the related party loan. Allowance for Credit Losses The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. The activity in the allowance for credit losses (“ACL”) related to loans held for investment is as follows: (Dollars in thousands) Beginning Impact of Adopting ASC 326 Initial ACL on Loans Purchased with Credit Deterioration Credit Loss Expense Charge-offs Recoveries Reclassification Ending Year ended December 31, 2020 Commercial real estate $ 5,353 $ 1,372 $ — $ 3,607 $ (320) $ 170 $ — $ 10,182 Construction, land development, land 1,382 (187) — 2,005 (23) 241 — 3,418 1-4 family residential properties 308 513 — 378 (27) 53 — 1,225 Farmland 670 437 — (355) — 80 — 832 Commercial 12,566 (184) — 11,336 (2,344) 1,115 (449) 22,040 Factored receivables 7,657 (1,630) 37,415 16,079 (3,201) 143 — 56,463 Consumer 488 (52) — 562 (573) 117 — 542 Mortgage warehouse 668 — — 369 — — — 1,037 $ 29,092 $ 269 $ 37,415 $ 33,981 $ (6,488) $ 1,919 $ (449) $ 95,739 (Dollars in thousands) Beginning Provision Charge-offs Recoveries Ending Year ended December 31, 2019 Commercial real estate $ 4,493 $ 1,163 $ (304) $ 1 $ 5,353 Construction, land development, land 1,134 234 (78) 92 1,382 1-4 family residential properties 317 71 (141) 61 308 Farmland 535 400 (265) — 670 Commercial 12,865 2,580 (3,326) 447 12,566 Factored receivables 7,299 2,556 (2,494) 296 7,657 Consumer 615 583 (876) 166 488 Mortgage warehouse 313 355 — — 668 $ 27,571 $ 7,942 $ (7,484) $ 1,063 $ 29,092 (Dollars in thousands) Beginning Provision Charge-offs Recoveries Ending Year ended December 31, 2018 Commercial real estate $ 3,435 $ 1,044 $ (90) $ 104 $ 4,493 Construction, land development, land 883 293 (59) 17 1,134 1-4 family residential properties 293 23 (17) 18 317 Farmland 310 425 (200) — 535 Commercial 8,150 10,052 (5,855) 518 12,865 Factored receivables 4,597 3,857 (1,224) 69 7,299 Consumer 783 457 (989) 364 615 Mortgage warehouse 297 16 — — 313 $ 18,748 $ 16,167 $ (8,434) $ 1,090 $ 27,571 The ACL as of December 31, 2020 was estimated using the current expected credit loss model. Management determined that the $62,200,000 in Over-Formula Advances and some smaller immaterial factored receivables obtained through the TFS Acquisition had experienced more than insignificant credit deterioration since origination and thus deemed those Over-Formula Advances to be purchased credit deteriorated ("PCD"). This resulted in recording a $37,415,000 ACL on the PCD assets through purchase accounting during the year ended December 31, 2020. There was no initial impact to credit loss expense resulting from the PCD determination. At December 31, 2020, the ACL on the Over-Formula Advance PCD assets increased by $11,548,000 and the total ACL on all acquired PCD assets was $48,963,000. The change in ACL on PCD assets subsequent to acquisition was charged to credit loss expense. The primary reasons for the increase in required ACL during the year ended December 31, 2020 are the $48,963,000 PCD ACL and significant projected deterioration of the loss drivers that the Company forecasts to calculate expected losses during the period. The Company uses the discounted cash flow (DCF) method to estimate ACL for the commercial real estate, construction, land development, land, 1-4 family residential, commercial (excluding liquid credit), and consumer loan pools. For all loan pools utilizing the DCF method, the Company utilizes and forecasts national unemployment as a loss driver. The Company also utilizes and forecasts either one-year percentage change in national retail sales (commercial real estate – non multifamily, commercial general, commercial agriculture, commercial asset-based lending, commercial equipment finance, consumer), one-year percentage change in the national home price index (1-4 family residential and construction, land development, land), or one-year percentage change in national gross domestic product (commercial real estate – multifamily) as a second loss driver depending on the nature of the underlying loan pool and how well that loss driver correlates to expected future losses. Consistent forecasts of the loss drivers are used across the loan segments. For all DCF models at December 31, 2020, the Company has determined that four quarters represents a reasonable and supportable forecast period and reverts back to a historical loss rate over eight quarters on a straight-line basis. The Company leverages economic projections from a reputable and independent third-party to inform its loss driver forecasts over the four-quarter forecast period. Other internal and external indicators of economic forecasts are also considered by the Company when developing the forecast metrics. At December 31, 2020, as compared to January 1, 2020, the Company forecasted a significantly higher national unemployment rate, a lower one-year percentage change in national retail sales, a lower one-year percentage change in the national home price index, and a somewhat higher one-year percentage change in national gross domestic product over the reasonable and supportable forecast period. Specifically regarding the forecasts used to calculate the December 31, 2020 ACL, management expects unemployment to remain persistently above pre-pandemic levels over the forecast period. Percentage change in retail sales is assumed to return to pre-pandemic levels given additional federal stimulus and the expected broad distribution of a COVID-19 vaccine. A gradual decline in the percentage change in national home price index is expected over the forecasted period as the effects of the pandemic on home prices are expected to lag behind other loss drivers. Percentage change in GDP growth is forecasted to increase over the projected period as the national economy comes back on line over the next four quarters. The Company uses a loss-rate method to estimate expected credit losses for the farmland, liquid credit, premium finance, factored receivable, and mortgage warehouse loan pools. For each of these loan segments, the Company applies an expected loss ratio based on internal and peer historical losses adjusted as appropriate for qualitative factors. Qualitative loss factors are based on the Company's judgment of company, market, industry or business specific data, changes in underlying loan composition of specific portfolios, trends relating to credit quality, delinquency, non-performing and adversely rated loans, and reasonable and supportable forecasts of economic conditions. Loss factors used to calculate the required ACL on pools that use the loss-rate method reflect the forecasted economic conditions described above. For the year ended December 31, 2020, the Company carried a PCD ACL of $48,963,000 previously discussed. The projected economic impact of COVID-19 on the Company’s loss drivers and assumptions over the reasonable and supportable forecast period created the need for $16,700,000 of additional ACL. The increase in required ACL was also driven by net charge-offs of $4,569,000 (which carried reserves of $1,000,000 at the time of charge-off), and net new specific allowances recorded on non-PCD individual loans of $5,100,000. The increase was partially offset by changes in mix in the underlying portfolio eligible to receive an ACL. The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans: (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL December 31, 2020 Commercial real estate $ 12,454 $ — $ — $ 162 $ 12,616 $ 1,334 Construction, land development, land 2,317 — — — 2,317 271 1-4 family residential 1,948 — — 248 2,196 34 Farmland 2,189 — 143 198 2,530 — Commercial 1,813 — 5,842 9,352 17,007 5,163 Factored receivables — 92,437 — — 92,437 51,371 Consumer — — — 253 253 37 Mortgage warehouse — — — — — — Total $ 20,721 $ 92,437 $ 5,985 $ 10,213 $ 129,356 $ 58,210 At December 31, 2020 the balance of the Over-Formula Advance Portfolio included in factored receivables was $62,100,000 and carried an ACL allocation of $48,485,000. At December 31, 2020 the balance of Misdirected Payments included in factored receivables was $19,600,000 and carried no ACL allocation. The following table presents loans individually and collectively evaluated for impairment, as well as purchased credit impaired (“PCI”) loans, and their respective allowance for credit loss allocations as of December 31, 2019, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13: (Dollars in thousands) Loan Evaluation ALLL Allocations December 31, 2019 Individually Collectively PCI Total loans Individually Collectively PCI Total ALLL Commercial real estate $ 7,455 $ 1,030,439 $ 9,067 $ 1,046,961 $ 344 $ 5,009 $ — $ 5,353 Construction, land development, land 2,138 155,985 2,446 160,569 271 1,111 — 1,382 1-4 family residential properties 1,728 177,189 508 179,425 33 275 — 308 Farmland 6,638 148,233 104 154,975 — 670 — 670 Commercial 15,618 1,326,515 550 1,342,683 1,278 11,284 4 12,566 Factored receivables 15,947 604,039 — 619,986 3,178 4,479 — 7,657 Consumer 327 21,598 — 21,925 9 479 — 488 Mortgage warehouse — 667,988 — 667,988 — 668 — 668 $ 49,851 $ 4,131,986 $ 12,675 $ 4,194,512 $ 5,113 $ 23,975 $ 4 $ 29,092 The following table presents information pertaining to impaired loans as of December 31, 2019, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13: Impaired Loans and PCI Impaired Loans Impaired Loans (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid December 31, 2019 Commercial real estate $ 878 $ 907 $ 344 $ 6,577 $ 6,643 Construction, land development, land 935 935 271 1,203 1,305 1-4 family residential properties 35 22 33 1,693 1,799 Farmland — — — 6,638 6,819 Commercial 6,032 6,053 1,278 9,586 9,751 Factored receivables 15,940 15,940 3,178 7 7 Consumer 17 16 9 310 311 Mortgage warehouse — — — — — PCI 71 55 4 — — $ 23,908 $ 23,928 $ 5,117 $ 26,014 $ 26,635 The following table presents average impaired loans, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13, and interest recognized on such loans, for the years ended December 31, 2019 and 2018: Years Ended December 31, 2019 December 31, 2018 (Dollars in thousands) Average Interest Average Interest Commercial real estate $ 7,276 $ 117 $ 4,055 $ 86 Construction, land development, land 1,114 35 113 — 1-4 family residential properties 2,031 47 2,486 77 Farmland 7,031 107 5,612 197 Commercial 16,386 605 21,885 870 Factored receivables 11,353 — 5,742 — Consumer 341 7 369 14 Mortgage warehouse — — — — PCI 71 — 35 — $ 45,603 $ 918 $ 40,297 $ 1,244 Past Due and Nonaccrual Loans The following tables present an aging of contractually past due loans: (Dollars in thousands) Past Due Past Due Past Due 90 Total Past Due Current Total Past Due 90 December 31, 2020 Commercial real estate $ 1,512 $ 147 $ 7,623 $ 9,282 $ 769,876 $ 779,158 $ — Construction, land development, land 185 1,001 323 1,509 218,138 219,647 22 1-4 family residential properties 1,978 448 952 3,378 153,769 157,147 — Farmland 407 1,000 300 1,707 101,978 103,685 — Commercial 2,084 1,765 5,770 9,619 1,553,338 1,562,957 35 Factored receivables 33,377 28,506 72,717 134,600 986,170 1,120,770 72,717 Consumer 385 116 81 582 15,256 15,838 — Mortgage warehouse — — — — 1,037,574 1,037,574 — $ 39,928 $ 32,983 $ 87,766 $ 160,677 $ 4,836,099 $ 4,996,776 $ 72,774 (Dollars in thousands) Past Due Past Due Past Due 90 Total Past Due Current Total Past Due 90 December 31, 2019 Commercial real estate $ 1,752 $ 1,328 $ 1,759 $ 4,839 $ 1,042,122 $ 1,046,961 $ — Construction, land development, land 1,785 842 361 2,988 157,581 160,569 — 1-4 family residential properties 1,396 723 554 2,673 176,752 179,425 — Farmland 52 132 2,376 2,560 152,415 154,975 — Commercial 4,444 4,154 9,555 18,153 1,324,530 1,342,683 — Factored receivables 29,118 7,182 4,226 40,526 579,460 619,986 4,226 Consumer 508 429 183 1,120 20,805 21,925 — Mortgage warehouse — — — — 667,988 667,988 — $ 39,055 $ 14,790 $ 19,014 $ 72,859 $ 4,121,653 $ 4,194,512 $ 4,226 At December 31, 2020, total past due Over-Formula Advances recorded in factored receivables was $62,100,000. Substantially all of the Over-Formula Advance balance is considered past due 90 days or more. Aging of the Over-Formula Advances is based upon the service month on which the advances were made by TFS prior to acquisition. Additionally, the entire $19,600,000 Misdirected Payments amount recorded in factored receivables was past due at December 31, 2020. Of this amount, approximately $6,000,000 was considered past due 90 days or more. Given the nature of factored receivables, these assets are disclosed as past due 90 days or more still accruing; however, the Company is not recognizing income on the assets at December 31, 2020. Historically, any income recognized on factored receivables that are past due 90 days or more has not been material. The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses: December 31, 2020 December 31, 2019 (Dollars in thousands) Nonaccrual Nonaccrual Nonaccrual Nonaccrual Commercial real estate $ 9,945 $ 3,461 $ 7,501 $ 6,623 Construction, land development, land 2,294 1,199 3,922 2,987 1-4 family residential 1,848 1,651 1,730 1,694 Farmland 2,531 2,531 6,494 6,494 Commercial 17,202 4,891 16,080 9,977 Factored receivables — — — — Consumer 253 188 327 310 Mortgage warehouse — — — — $ 34,073 $ 13,921 $ 36,054 $ 28,085 The following table presents accrued interest on nonaccrual loans reversed through interest income: December 31, (Dollars in thousands) 2020 2019 2018 Commercial real estate $ 438 $ 58 $ 73 Construction, land development, land 1 44 1 1-4 family residential 32 12 4 Farmland 39 27 65 Commercial 86 32 142 Factored receivables — — — Consumer 2 3 5 Mortgage warehouse — — — $ 598 $ 176 $ 290 There was no interest earned on nonaccrual loans during the years ended December 31, 2020, 2019, and 2018. The following table presents information regarding nonperforming loans: (Dollars in thousands) December 31, 2020 December 31, 2019 Nonaccrual loans (1) $ 34,073 $ 36,054 Factored receivables greater than 90 days past due 13,927 4,226 Other nonperforming factored receivables (2) 10,029 — Troubled debt restructurings accruing interest 3 333 $ 58,032 $ 40,613 (1) Includes troubled debt restructurings of $13,321,000 and $4,888,000 at December 31, 2020 and 2019, respectively. (2) Other nonperforming factored receivables represent the portion of the Over-Formula Advance Portfolio that is not covered by Covenant's indemnification. This amount is also considered Classified from a risk rating perspective. Credit Quality Information The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, including: current collateral and financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk on a regular basis. Large groups of smaller balance homogeneous loans, such as consumer loans, are analyzed primarily based on payment status. The Company uses the following definitions for risk ratings: Pass – Pass rated loans have low to average risk and are not otherwise classified. Classified – Classified loans are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Certain classified loans have the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. PCI (Prior to the Adoption of ASU 2016-13) – At acquisition, PCI loans had the characteristics of classified loans and it was probable, at acquisition, that all contractually required principal and interest payments would not be collected. The Company evaluates these loans on a projected cash flow basis with this evaluation performed quarterly. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. As of December 31, 2020 and 2019, based on the most recent analysis performed, the risk category of loans is as follows: Revolving Revolving Total (Dollars in thousands) December 31, 2020 2020 2019 2018 2017 2016 Prior Commercial real estate Pass $ 271,406 $ 94,085 $ 62,075 $ 49,115 $ 27,921 $ 230,731 $ 27,666 $ 908 $ 763,907 Classified 10,298 2,239 133 1,367 664 550 — — 15,251 Total commercial real estate $ 281,704 $ 96,324 $ 62,208 $ 50,482 $ 28,585 $ 231,281 $ 27,666 $ 908 $ 779,158 Construction, land development, land Pass $ 72,149 $ 12,490 $ 11,829 $ 5,820 $ 8,946 $ 105,584 $ 12 $ 500 $ 217,330 Classified 2,031 34 — — — 252 — — 2,317 Total construction, land development, land $ 74,180 $ 12,524 $ 11,829 $ 5,820 $ 8,946 $ 105,836 $ 12 $ 500 $ 219,647 1-4 family residential Pass $ 58,300 $ 11,280 $ 11,425 $ 8,982 $ 4,400 $ 20,167 $ 35,326 $ 5,320 $ 155,200 Classified 1,473 149 137 23 11 49 105 — 1,947 Total 1-4 family residential $ 59,773 $ 11,429 $ 11,562 $ 9,005 $ 4,411 $ 20,216 $ 35,431 $ 5,320 $ 157,147 Farmland Pass $ 37,212 $ 10,095 $ 7,388 $ 15,262 $ 7,908 $ 20,572 $ 1,421 $ 486 $ 100,344 Classified 994 407 403 — 22 590 925 — 3,341 Total farmland $ 38,206 $ 10,502 $ 7,791 $ 15,262 $ 7,930 $ 21,162 $ 2,346 $ 486 $ 103,685 Commercial Pass $ 470,477 $ 162,203 $ 127,569 $ 94,154 $ 70,405 $ 181,312 $ 416,197 $ 11,396 $ 1,533,713 Classified 8,128 2,390 983 190 4,470 2,787 10,296 — 29,244 Total commercial $ 478,605 $ 164,593 $ 128,552 $ 94,344 $ 74,875 $ 184,099 $ 426,493 $ 11,396 $ 1,562,957 Factored receivables Pass $ 1,081,316 $ — $ — $ — $ — $ — $ — $ — $ 1,081,316 Classified 39,454 — — — — — — — 39,454 Total factored receivables $ 1,120,770 $ — $ — $ — $ — $ — $ — $ — $ 1,120,770 Consumer Pass $ 8,382 $ 2,251 $ 1,336 $ 1,258 $ 688 $ 1,594 $ 74 $ — $ 15,583 Classified 146 28 18 36 11 16 — — 255 Total consumer $ 8,528 $ 2,279 $ 1,354 $ 1,294 $ 699 $ 1,610 $ 74 $ — $ 15,838 Mortgage warehouse Pass $ 1,037,574 $ — $ — $ — $ — $ — $ — $ — $ 1,037,574 Classified — — — — — — — — — Total mortgage warehouse $ 1,037,574 $ — $ — $ — $ — $ — $ — $ — $ 1,037,574 Total loans Pass $ 3,036,816 $ 292,404 $ 221,622 $ 174,591 $ 120,268 $ 559,960 $ 480,696 $ 18,610 $ 4,904,967 Classified 62,524 5,247 1,674 1,616 5,178 4,244 11,326 — 91,809 Total loans $ 3,099,340 $ 297,651 $ 223,296 $ 176,207 $ 125,446 $ 564,204 $ 492,022 $ 18,610 $ 4,996,776 (Dollars in thousands) Pass Classified PCI Total December 31, 2019 Commercial real estate $ 1,030,358 $ 7,536 $ 9,067 $ 1,046,961 Construction, land development, land 155,985 2,138 2,446 160,569 1-4 family residential 177,177 1,740 508 179,425 Farmland 144,777 10,094 104 154,975 Commercial 1,313,042 29,091 550 1,342,683 Factored receivables 604,774 15,212 — 619,986 Consumer 21,594 331 — 21,925 Mortgage warehouse 667,988 — — 667,988 $ 4,115,695 $ 66,142 $ 12,675 $ 4,194,512 Troubled Debt Restructurings The Company had a recorded investment in troubled debt restructurings of $13,324,000 and $5,221,000 as of December 31, 2020 and 2019, respectively. The Company had allocated specific allowances for these loans of $2,469,000 and $718,000 at December 31, 2020 and 2019, respectively, and had not committed to lend additional amounts. The following table presents the pre- and post-modification recorded investment of loans modified as troubled debt restructurings during the years ended December 31, 2020, 2019, and 2018. The Company did not grant principal reductions on any restructured loans. (Dollars in thousands) Extended Payment AB Note Extended Total Number of December 31, 2020 Commercial real estate $ — $ 727 $ — $ — $ 727 3 Construction, land development, land 8 981 — — 989 2 1-4 family residential properties — 171 — — 171 1 Farmland 3,486 — — — 3,486 1 Commercial 4,714 9,877 — — 14,591 22 $ 8,208 $ 11,756 $ — $ — $ 19,964 29 December 31, 2019 Commercial real estate $ — $ — $ 4,597 $ — $ 4,597 1 1-4 family residential properties — 38 — — 38 2 Commercial 1,762 115 — 593 2,470 11 $ 1,762 $ 153 $ 4,597 $ 593 $ 7,105 14 December 31, 2018 Commercial real estate $ — $ 589 $ — $ — $ 589 2 1-4 family residential properties 103 — — — 103 2 Farmland 263 — — — 263 1 Commercial 875 — — — 875 10 $ 1,241 $ 589 $ — $ — $ 1,830 15 During the year ended December 31, 2020, the Company had one loan modified as a troubled debt restructuring with a recorded investment of $5,741,000 for which there was a payment default within twelve months following the modification. The payment defaults did not result in incremental allowance allocations or charge-offs. During the year ended December 31, 2019, the Company had three loans modified as troubled debt restructurings with a recorded investment of $680,000 for which there were payment defaults within twelve months following the modification. There were no loans modified as troubled debt restructurings during the year ended December 31, 2018 for which there was a payment default during the year then ended. Default is determined at 90 or more days past due, charge-off, or foreclosure. During the year ended December 31, 2020, the Company modified $628,022,000 in loans for borrowers impacted by the COVID-19 pandemic. These modifications primarily consisted of payment deferrals to assist customers. As these modifications related to the COVID-19 pandemic and qualify under the provisions of either Section 4013 of the CARES act or Interagency Guidance, they are not considered troubled debt restructurings. The following table summarized the amortized cost of loans with payments currently in deferral and the accrued interest related to the loans with payments currently in deferral at December 31, 2020: (Dollars in thousands) Total Balance of Percentage Accrued December 31, 2020 Commercial real estate $ 779,158 $ 69,980 9 % $ 357 Construction, land development, land 219,647 18,821 9 % 183 1-4 family residential 157,147 1,129 1 % 15 Farmland 103,685 — — % — Commercial 1,562,957 14,561 1 % 166 Factored receivables 1,120,770 — — % — Consumer 15,838 106 1 % 5 Mortgage warehouse 1,037,574 — — % — Total $ 4,996,776 $ 104,597 2 % $ 726 Residential Real Estate Loans In Process of Foreclosure At December 31, 2020 and 2019, the Company had $251,000 and $87,000, respectively, in 1-4 family residential real estate loans for which formal foreclosure proceedings were in process. Purchased Credit Impaired Loans (Prior to the Adoption of ASU 2016-13) The following table summarizes information pertaining to loans that were identified as purchased credit impaired prior to the adoption of ASU 2016-13: (Dollars in thousands) December 31, Contractually required principal and interest: Real estate loans $ 14,015 Commercial loans 677 Outstanding contractually required principal and interest $ 14,692 Gross carrying amount included in loans receivable $ 12,675 The changes in accretable yield in regard to loans transferred at acquisition for which it was probable that all contractually required payments would not be collected are as follows: Years Ended December 31, (Dollars in thousands) 2019 2018 Accretable yield, beginning balance $ 5,711 $ 2,793 Additions — 2,997 Accretion (3,835) (1,430) Reclassification from nonaccretable to accretable yield 257 1,351 Disposals (814) — Accretable yield, ending balance $ 1,319 $ 5,711

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
Other Real Estate Owned	Dec. 31, 2020
Other Real Estate [Abstract]
Other Real Estate Owned	OTHER REAL ESTATE OWNED Other real estate owned activity was as follows: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Beginning balance $ 3,009 $ 2,060 $ 9,191 Acquired through business acquisition — — 213 Loans transferred to OREO 1,150 3,360 514 Premises transferred to OREO — — 1,139 Net OREO gains (losses) and valuation adjustments (616) 351 (514) Sales of OREO (2,111) (2,762) (8,483) Ending balance $ 1,432 $ 3,009 $ 2,060

Premises and Equipment

Premises and Equipment	12 Months Ended
Premises and Equipment	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Premises and Equipment	PREMISES AND EQUIPMENT Premises and Equipment Premises and equipment consisted of the following: (Dollars in thousands) December 31, December 31, Land $ 12,992 $ 13,139 Buildings 51,377 50,525 Leasehold improvements 25,203 21,842 Automobiles and aircraft 15,542 6,060 Furniture, fixtures and equipment 29,204 25,989 134,318 117,555 Accumulated depreciation (30,914) (20,960) $ 103,404 $ 96,595 Depreciation expense was $10,720,000, $8,135,000 and $5,720,000 for the years ended December 31, 2020, 2019 and 2018, respectively. Leases The Company leases certain premises and equipment under operating leases. At December 31, 2020 and 2019, the Company had lease liabilities totaling $19,148,000 and $21,042,000, respectively, and right-of-use assets totaling $18,118,000 and $21,066,000, respectively, related to these leases. Lease liabilities and right-of-use assets are reflected in other liabilities other assets Lease costs were as follows: Year Ended December 31, (Dollars in thousands) 2020 2019 Operating lease cost $ 5,290 $ 4,377 Short-term lease cost — — Variable lease cost 422 333 Total lease cost $ 5,712 $ 4,710 Rent expense for the year ended December 31, 2018, prior to the adoption of ASU 2016-2, was $3,229,000. There were no sale and leaseback transactions, leveraged leases, or lease transactions with related parties during the year ended December 31, 2020. At December 31, 2020, the Company did not have any leases that had not yet commenced, but will create significant rights and obligations for the Company. A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (Dollars in thousands) December 31, 2020 Lease payments due: Within one year $ 3,885 After one but within two years 3,810 After two but within three years 3,274 After three but within four years 3,046 After four but within five years 2,925 After five years 4,241 Total undiscounted cash flows 21,181 Discount on cash flows (2,033) Total lease liability $ 19,148	other liabilities

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS Goodwill and intangible assets consist of the following: (Dollars in thousands) December 31, December 31, Goodwill $ 163,209 $ 158,743 December 31, 2020 December 31, 2019 (Dollars in thousands) Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Core deposit intangibles $ 43,578 $ (27,436) $ 16,142 $ 43,578 $ (22,258) $ 21,320 Other intangible assets 19,200 (8,629) 10,571 15,700 (5,477) 10,223 $ 62,778 $ (36,065) $ 26,713 $ 59,278 $ (27,735) $ 31,543 The changes in goodwill and intangible assets by operating segment during the year are as follows: (Dollars in thousands) December 31, 2020 Banking Factoring Corporate Total Beginning balance $ 129,272 $ 61,014 $ — $ 190,286 Acquired goodwill — 4,466 — 4,466 Acquired intangibles — 3,500 — 3,500 Amortization of intangibles (5,390) (2,940) — (8,330) Ending balance $ 123,882 $ 66,040 $ — $ 189,922 (Dollars in thousands) December 31, 2019 Banking Factoring Corporate Total Beginning balance $ 135,477 $ 63,940 $ — $ 199,417 Amortization of intangibles (6,205) (2,926) — (9,131) Ending balance $ 129,272 $ 61,014 $ — $ 190,286 (Dollars in thousands) December 31, 2018 Banking Factoring Corporate Total Beginning balance $ 54,910 $ 8,868 $ — $ 63,778 Acquired goodwill 72,075 42,975 — 115,050 Acquired intangibles 14,069 13,933 — 28,002 Amortization of intangibles (5,144) (1,836) — (6,980) Divestiture of intangibles (433) — — (433) Ending balance $ 135,477 $ 63,940 $ — $ 199,417 No goodwill or intangibles have been assigned to the Corporate operating segment. Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. The Company assesses goodwill for impairment at its reporting units that contain goodwill, Banking and Factoring. A goodwill impairment test was performed on the Company's reporting units as of October 1, 2020. The goodwill impairment test did not identify any goodwill impairment. After performing an impairment test comparing the carrying value of intangible assets to the fair value of intangible assets during the years ended December 31, 2020, 2019 and 2018, it was determined that the fair value of the intangible assets exceeded their carrying amount and thus no intangible asset impairment was recorded. Generally, material acquired intangible assets are being amortized utilizing an accelerated method over their estimated useful lives, which range from 8 to 10 years. The future amortization schedule for the Company’s intangible assets is as follows: (Dollars in thousands) 2021 $ 7,399 2022 6,054 2023 4,771 2024 3,605 2025 2,472 Thereafter 2,412 $ 26,713

Equity Method Investment

Equity Method Investment	12 Months Ended
Equity Method Investment	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investment	EQUITY METHOD INVESTMENT On October 17, 2019, the Company made a minority equity investment of $8,000,000 in Warehouse Solutions Inc. (“WSI”), purchasing 8% of the common stock of WSI and receiving warrants to purchase an additional 10% of the common stock of WSI upon exercise of the warrants at a later date. WSI provides technology solutions to help reduce supply chain costs for a global client base across multiple industries. The following table presents the Company’s investment in WSI, allocated to the purchased common stock and the purchased warrants: (Dollars in thousands) December 31, December 31, Common stock $ 5,037 $ 4,813 Warrants 3,224 3,224 Total investment $ 8,261 $ 8,037 The entire investment is included in other assets within the Company’s consolidated balance sheets. Although the Company holds less than 20% of the voting stock of WSI, the investment in common stock is accounted for using the equity method as the Company’s representation on WSI’s board of directors, which is disproportionately larger in size than the common stock investment held, demonstrates that it has significant influence over the investee. The difference between the amount at which the investment in common stock is carried and the amount of underlying equity in net assets does not have a material impact on the Company’s equity method earnings.

Variable Interest Entities

Variable Interest Entities	12 Months Ended
Variable Interest Entities	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES Collateralized Loan Obligation Funds - Closed The Company holds investments in the subordinated notes of the following closed Collateralized loan Obligation ("CLO") funds: (Dollars in thousands) Offering Offering Trinitas CLO IV, LTD (Trinitas IV) June 2, 2016 $ 406,650 Trinitas CLO V, LTD (Trinitas V) September 22, 2016 $ 409,000 Trinitas CLO VI, LTD (Trinitas VI) June 20, 2017 $ 717,100 The net carrying amounts of the Company’s investments in the subordinated notes of the CLO funds, which represent the Company’s maximum exposure to loss as a result of its involvement with the CLO funds, totaled $5,919,000 and $8,417,000 at December 31, 2020 and 2019, respectively, and are classified as held to maturity securities within the Company’s consolidated balance sheets. The Company performed a consolidation analysis to confirm whether the Company was required to consolidate the assets, liabilities, equity or operations of the closed CLO funds in its financial statements. The Company concluded that the closed CLO funds are variable interest entities and that the Company holds variable interests in the entities in the form of its investments in the subordinated notes of the entities. However, the Company also concluded that the Company does not have the power to direct the activities that most significantly impact the entities’ economic performance. As a result, the Company is not the primary beneficiary and therefore is not required to consolidate the assets, liabilities, equity or operations of the CLO funds in the Company’s financial statements.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
Derivative Financial Instruments	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	DERIVATIVE FINANCIAL INSTRUMENTS The Company is exposed to certain risk arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s interest-bearing deposits. The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Beginning in 2020, such derivatives were used to hedge the variable cash flows associated with interest-bearing deposits. For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in Accumulated Other Comprehensive Income and subsequently reclassified into interest expense in the same period(s) during which the hedged transaction affects earnings. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate interest-bearing deposits. During 2021, the Company estimates that an additional $98,000 will be reclassified as an increase in interest expense. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2020. There were no such derivatives outstanding at December 31, 2019. Derivative Assets As of December 31, 2020 (Dollars in thousands) Notional Balance Fair Value Derivatives designated as hedging instruments: Interest rate swaps $ 200,000 Other Assets $ 816 The table below presents the effect of fair value and cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax: (Dollars in thousands) Amount of Amount of Location of Amount of Amount of Year Ended December 31, 2020 Derivatives in cash flow hedging relationships: Interest rate swaps $ 623 $ 623 Interest Expense $ 26 $ 26 The Company has agreements with each of its derivative counterparties that contain a provision where if the Company defaults on any of its indebtedness, then the Company could also be declared in default on its derivative obligations. The Company has agreements with certain of its derivative counterparties that contain a provision where if the company fails to maintain its status as a well capitalized institution, then the Company could be required to post additional collateral. As of December 31, 2020, the fair value of derivatives in a net liability position, which includes accrued interest, related to these agreements was $0. As of December 31, 2020, the Company has not posted any collateral related to these agreements. If the Company had breached any of these provisions at December 31, 2020, it could have been required to settle its obligations under the agreements at their termination value of $0.

Deposits

Deposits	12 Months Ended
Deposits	Dec. 31, 2020
Deposits [Abstract]
Deposits	DEPOSITS Deposits are summarized as follows: (Dollars in thousands) December 31, 2020 December 31, 2019 Noninterest-bearing demand $ 1,352,785 $ 809,696 Interest-bearing demand 688,680 580,323 Individual retirement accounts 92,584 104,472 Money market 393,325 497,105 Savings 421,488 363,270 Certificates of deposit 790,844 1,084,425 Brokered time deposits 516,786 350,615 Other brokered deposits 460,108 — Total deposits $ 4,716,600 $ 3,789,906 At December 31, 2020, scheduled maturities of time deposits, including certificates of deposits, individual retirement accounts and brokered time deposits, are as follows: (Dollars in thousands) December 31, 2020 Within one year $ 1,258,609 After one but within two years 117,535 After two but within three years 15,462 After three but within four years 8,608 After four but within five years — Total $ 1,400,214 Time deposits, including individual retirement accounts, certificates of deposit, and brokered time deposits, with individual balances of $250,000 and greater totaled $164,441,000 and $252,529,000 at December 31, 2020 and 2019, respectively.

Borrowings and Borrowing Capaci

Borrowings and Borrowing Capacity	12 Months Ended
Borrowings and Borrowing Capacity	Dec. 31, 2020
Debt Disclosure [Abstract]
Borrowings And Borrowing Capacity	BORROWINGS AND BORROWING CAPACITY Customer Repurchase Agreements Customer repurchase agreements are overnight customer sweep arrangements. Information concerning customer repurchase agreements is summarized as follows: (Dollars in thousands) December 31, December 31, Amount outstanding at end of the year $ 3,099 $ 2,033 Weighted average interest rate at end of the year 0.03 % 0.03 % Average daily balance during the year $ 6,716 $ 7,823 Weighted average interest rate during the year 0.03 % 0.02 % Maximum month-end balance during the year $ 14,192 $ 14,463 Customer repurchase agreements are secured by pledged securities with carrying amounts as follows: (Dollars in thousands) December 31, December 31, Asset-backed securities $ 4,987 $ — U.S. Government agency obligations — 2,997 $ 4,987 $ 2,997 FHLB Advances FHLB advances are collateralized by assets, including a blanket pledge of certain loans. FHLB advances and weighted average interest rates at end of period by contractual maturity are summarized as follows: Fixed Rate Variable Rate (Dollars in thousands) Balance Outstanding Weighted Average Interest Rate Balance Outstanding Weighted Average Interest Rate 2021 $ 75,000 0.10 % $ — — 2027 — — 30,000 0.33 % $ 75,000 0.10 % $ 30,000 0.33 % Information concerning FHLB advances is summarized as follows: (Dollars in thousands) December 31, December 31, Amount outstanding at end of the year $ 105,000 $ 430,000 Weighted average interest rate at end of the year 0.17 % 1.58 % Average daily balance during the year $ 342,264 $ 369,548 Weighted average interest rate during the year 0.58 % 2.32 % Maximum month-end balance during the year $ 850,000 $ 530,000 The Company’s unused borrowing capacity with the FHLB is as follows: (Dollars in thousands) December 31, December 31, Borrowing capacity $ 1,351,542 $ 1,300,985 Borrowings outstanding 105,000 430,000 Unused borrowing capacity $ 1,246,542 $ 870,985 Paycheck Protection Program Liquidity Facility (“PPPLF”) The PPPLF is a lending facility offered by the Federal Reserve Banks to facilitate lending to small businesses under the Paycheck Protection Program. Borrowings under the PPPLF are secured by Paycheck Protection Program Loans (“PPP loans”) guaranteed by the Small Business Administration (“SBA”) and mature at the same time as the PPP Loan pledged to secure the extension of credit. The maturity dates of the borrowings will be accelerated if the underlying PPP Loan goes into default and Company sells the PPP Loan to the SBA to realize on the SBA guarantee or if the Company receives any loan forgiveness reimbursement from the SBA for the underlying PPP Loan. Information concerning borrowings under the PPPLF is summarized as follows for the year ended December 31, 2020: (Dollars in thousands) December 31, Amount outstanding at end of period $ 191,860 Weighted average interest rate at end of period 0.35 % Average amount outstanding during the period 143,608 Weighted average interest rate during the period 0.35 % Highest month end balance during the period 223,809 At December 31, 2020, scheduled maturities of PPPLF borrowings are as follows: (Dollars in thousands) December 31, Within one year $ — After one but within two years 191,860 Total $ 191,860 At December 31, 2020, the PPPLF borrowings are secured by PPP Loans totaling $191,860,000 and bear interest at a fixed rate of 0.35% annually. There were no borrowings under the PPPLF during the year ended December 31, 2019. Federal Funds Purchased The Company had no federal funds purchased at December 31, 2020 or 2019. However, as of December 31, 2020, the Company had unsecured federal funds lines of credit with seven unaffiliated banks totaling $227,500,000. Federal Reserve Bank Discount Window During the year ended December 31, 2020, the Company entered into agreements with the Federal Reserve Bank of Dallas to borrow from its discount window. The Company had no Federal Reserve Bank discount window borrowings outstanding at December 31, 2020. At December 31, 2020, the Company had $523,900,000 of unused borrowing capacity from the Federal Reserve Bank discount window, to which the Company pledged loans with an outstanding balance of $711,172,000. The Company did not participate in the Federal Reserve Bank discount window program during the year ended December 31, 2019. Subordinated Notes On September 30, 2016, the Company issued $50,000,000 of Fixed-to-Floating Rate Subordinated Notes due 2026 (the “2016 Notes”). The 2016 Notes initially bear interest at 6.50% per annum, payable semi-annually in arrears, to, but excluding, September 30, 2021, and, thereafter and to, but excluding, the maturity date or earlier redemption, interest shall be payable quarterly in arrears, at an annual floating rate equal to three-month LIBOR as determined for the applicable quarterly period, plus 5.345%. The Company may, at its option, beginning on September 30, 2021 and on any scheduled interest payment date thereafter, redeem the 2016 Notes, in whole or in part, at a redemption price equal to the outstanding principal amount of the 2016 Notes to be redeemed plus accrued and unpaid interest to, but excluding, the date of redemption. The 2016 Notes are included on the consolidated balance sheets as liabilities at their carrying values of $49,153,000 and $49,037,000 at December 31, 2020 and 2019, respectively; however, for regulatory purposes, the carrying value of these obligations were eligible for inclusion in Tier 2 regulatory capital. Issuance costs related to the Notes totaled $1,324,000, including an underwriting discount of 1.5%, or $750,000, and have been netted against the subordinated notes liability on the balance sheet. The underwriting discount and other debt issuance costs are being amortized using the effective interest method through maturity and recognized as a component of interest expense. On November 27, 2019, the Company issued $39,500,000 of Fixed-to-Floating Rate Subordinated Notes due 2029 (the “2019 Notes”). The 2019 Notes initially bear interest at 4.875% per annum, payable semi-annually in arrears, to, but excluding, November 27, 2024, and, thereafter and to, but excluding, the maturity date or earlier redemption, interest shall be payable quarterly in arrears, at an annual floating rate equal to a benchmark rate, initially three-month LIBOR, as determined for the applicable quarterly period, plus 3.330%. The Company may, at its option, beginning on November 27, 2024 and on any scheduled interest payment date thereafter, redeem the 2019 Notes, in whole or in part, at a redemption price equal to the outstanding principal amount of the 2019 Notes to be redeemed plus accrued and unpaid interest to, but excluding, the date of redemption. The 2019 Notes are included on the consolidated balance sheets as liabilities at their carrying values of $38,356,000 and $38,290,000 at December 31, 2020 and 2019, respectively; however, for regulatory purposes, the carrying value of these obligations were eligible for inclusion in Tier 2 regulatory capital. Issuance costs related to the Notes totaled $1,218,000, including an underwriting discount of 1.5%, or $593,000, and have been netted against the subordinated notes liability on the balance sheet. The underwriting discount and other debt issuance costs are being amortized using the effective interest method through maturity and recognized as a component of interest expense. The 2016 Notes and the 2019 Notes are subordinated in right of payment to the Company’s existing and future senior indebtedness and are structurally subordinated to the Company’s subsidiaries’ existing and future indebtedness and other obligations. Junior Subordinated Debentures The following provides a summary of the Company’s junior subordinated debentures: (Dollars in thousands) Face Value Carrying Value Maturity Date Variable Interest Rate At December 31, 2020 National Bancshares Capital Trust II $ 15,464 $ 13,220 September 2033 LIBOR + 3.00% 3.22% National Bancshares Capital Trust III 17,526 12,975 July 2036 LIBOR + 1.64% 1.88% ColoEast Capital Trust I 5,155 3,611 September 2035 LIBOR + 1.60% 1.84% ColoEast Capital Trust II 6,700 4,703 March 2037 LIBOR + 1.79% 2.03% Valley Bancorp Statutory Trust I 3,093 2,879 September 2032 LIBOR + 3.40% 3.65% Valley Bancorp Statutory Trust II 3,093 2,684 July 2034 LIBOR + 2.75% 2.98% $ 51,031 $ 40,072 These debentures are unsecured obligations due to trusts that are unconsolidated subsidiaries. The debentures were issued in conjunction with the trusts’ issuances of obligated capital securities. The trusts used the proceeds from the issuances of their capital securities to buy floating rate junior subordinated deferrable interest debentures that bear the same interest rate and terms as the capital securities. These debentures are the trusts’ only assets and the interest payments from the debentures finance the distributions paid on the capital securities. These debentures rank junior and are subordinate in the right of payment to all other debt of the Company. As part of the purchase accounting adjustments made with the National Bancshares, Inc. acquisition on October 15, 2013, the ColoEast acquisition on August 1, 2016, and the Valley acquisition on December 9, 2017, the Company adjusted the carrying value of the junior subordinated debentures to fair value as of the respective acquisition dates. The discount on the debentures will continue to be amortized through maturity and recognized as a component of interest expense. The debentures may be called by the Company at par plus any accrued but unpaid interest. Interest on the debentures is calculated quarterly. The distribution rate payable on the capital securities is cumulative and payable quarterly in arrears. The Company has the right to defer payments on interest on the debentures at any time by extending the interest payment period for a period not exceeding 20 consecutive quarters with respect to each deferral period, provided that no extension period may extend beyond the redemption or maturity date of the debentures. The debentures are included on the consolidated balance sheet as liabilities; however, for regulatory purposes, the carrying value of these obligations are eligible for inclusion in Tier I regulatory capital, subject to certain limitations. All of the carrying value of $40,072,000 and $39,566,000 was allowed in the calculation of Tier I regulatory capital as of December 31, 2020 and 2019, respectively.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2020
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS 401(k) Plan The Company sponsors a 401(k) benefit plan that allows employee contributions up to the maximum tax-deferred limitations established by the Internal Revenue Code, which are matched by the Company equal to 100% of the first 4% of the compensation contributed. Expense related to the 401(k) matching contributions for the years ended December 31, 2020, 2019 and 2018 was $2,519,000, $2,306,000 and $1,838,000, respectively.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense consisted of the following: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Income tax expense: Current $ 22,766 $ 12,971 $ 14,091 Deferred (2,080) 3,908 708 Change in valuation allowance for deferred tax asset — 23 (7) Income tax expense $ 20,686 $ 16,902 $ 14,792 Effective tax rates differ from federal statutory rates applied to income before income taxes due to the following: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Tax provision computed at federal statutory rate $ 17,789 $ 15,844 $ 13,965 Effect of: State taxes, net 2,919 1,704 1,716 Bank-owned life insurance (121) (114) (141) Tax exempt interest (250) (442) (436) Change in valuation allowance for deferred tax asset — 23 (7) Other 349 (113) (305) Income tax expense $ 20,686 $ 16,902 $ 14,792 Deferred income taxes reflect the net tax effects of temporary differences between the recorded amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows: (Dollars in thousands) 2020 2019 Deferred tax assets Federal net operating loss carryforwards $ 4,067 $ 5,034 State net operating loss carryforwards 459 552 Acquired loan basis (184) 450 Other real estate owned 64 44 AMT credit carryforward — 714 Allowance for loan losses 24,317 6,828 Accrued liabilities 2,675 1,744 Lease liability 4,598 4,994 Other 2,181 1,925 Total deferred tax assets 38,177 22,285 Deferred tax liabilities Goodwill and intangible assets 2,452 2,143 Fair value adjustment on junior subordinated debentures 2,449 2,564 Premises and equipment 10,767 6,142 Installment gain on sale of subsidiary 1,049 1,816 Lease right-of-use asset 4,172 4,815 Unrealized gain on securities available for sale 1,601 339 Derivative financial instruments 193 — Indemnification asset 8,575 — Other 214 376 Total deferred tax liabilities 31,472 18,195 Net deferred tax asset before valuation allowance 6,705 4,090 Valuation allowance (278) (278) Net deferred tax asset $ 6,427 $ 3,812 The Company's federal and state net operating loss carryforwards as of December 31, 2020 were $19,365,000 and $10,649,000, respectively, which will expire at various dates from 2031 through 2035. The Company has a Federal Alternative Minimum Tax Credit carryforward of $0 as of December 31, 2020. The Company has a valuation allowance on certain net operating loss carryforwards that are not expected to be realized before expiration. The Company's federal and state net operating loss carryforwards as of December 31, 2019 were $23,970,000 and $13,340,000, respectively. The Company had a Federal Alternative Minimum Tax Credit carryforward of $714,000 as of December 31, 2019. An Internal Revenue Code Section 382 (“Section 382”) ownership change was triggered as part of previous acquisitions. A significant portion of the deferred tax asset relating to the Company's net operating loss carryforwards is subject to the annual limitation rules under Section 382. The utilization of tax carryforward attributes acquired from the EJ Financial Corp. (2010) acquisition is subject to an annual limitation of $341,000. The utilization of tax carryforward attributes acquired from the National Bancshares, Inc. (2013) acquisition is subject to an annual limitation of $2,040,000. Any remaining tax attribute carryforwards generated prior to the Section 382 ownership change in 2013 are subject to an annual limitation of $3,696,000. The utilization of deferred tax assets related to the net operating loss and tax credit carryforwards acquired from the ColoEast (2016) stock acquisition are subject to an annual limitation of $1,906,000 under Section 382 rules. At December 31, 2020 and 2019, the Company had no amounts recorded for uncertain tax positions and does not expect any material changes in uncertain tax benefits during the next 12 months. The Company recognizes interest and penalties related to income tax matters in income tax expense.

Legal Contingencies

Legal Contingencies	12 Months Ended
Legal Contingencies	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal Contingencies	LEGAL CONTINGENCIESVarious legal claims arise from time to time in the normal course of business which, in the opinion of management, will have no material effect on the Company’s consolidated financial statements. The Company does not anticipate any material losses as a result of commitments and contingent liabilities.

Off-Balance Sheet Loan Commitme

Off-Balance Sheet Loan Commitments	12 Months Ended
Off-Balance Sheet Loan Commitments	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Off-Balance Sheet Loan Commitments	OFF-BALANCE SHEET LOAN COMMITMENTS From time to time, the Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet financial instruments. The contractual amounts of financial instruments with off-balance sheet risk were as follows: December 31, 2020 December 31, 2019 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Unused lines of credit $ 43,406 $ 547,430 $ 590,836 $ 49,057 $ 444,028 $ 493,085 Standby letters of credit $ 5,464 $ 8,429 $ 13,893 $ 3,017 $ 3,781 $ 6,798 Commitments to purchase loans $ — $ 66,373 $ 66,373 $ — $ 22,004 $ 22,004 Mortgage warehouse commitments $ — $ 417,722 $ 417,722 $ — $ 340,502 $ 340,502 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being fully drawn upon, the total commitment amounts disclosed above do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if considered necessary by the Company, upon extension of credit, is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third-party. In the event of nonperformance by the customer, the Company has rights to the underlying collateral, which can include commercial real estate, physical plant and property, inventory, receivables, cash and marketable securities. The credit risk to the Company in issuing letters of credit is essentially the same as that involved in extending loan facilities to its customers. Commitments to purchase loans represent loans purchased by the Company that have not yet settled. Mortgage warehouse commitments are unconditionally cancellable and represent the unused capacity on mortgage warehouse facilities the Company has approved. The Company reserves the right to refuse to buy any mortgage loans offered for sale by a customer, for any reason, at the Company’s sole and absolute discretion. The Company records an allowance for credit losses on off-balance sheet credit exposures through a charge to credit loss expense on the Company’s consolidated statements of income. At December 31, 2020 and 2019, the allowance for credit losses on off balance sheet credit exposures totaled $5,005,000 and $638,000, respectively, and was included in other liabilities on the Company’s consolidated balance sheets. For the year ended December 31, 2020, credit loss expense for off balance sheet credit exposures was $2,448,000. For the years ended December 31, 2019 and 2018, credit loss expense for off balance sheet credit exposures was $99,000 and $37,000, respectively, and was included in other noninterest expense on the Company’s consolidated statements of income.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
Fair Value Disclosures	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Assets and liabilities measured at fair value on a recurring basis are summarized in the table below. (Dollars in thousands) Fair Value Measurements Using Total December 31, 2020 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale U.S. Government agency obligations $ — $ 15,088 $ — $ 15,088 Mortgage-backed securities, residential — 27,684 — 27,684 Asset-backed securities — 7,039 — 7,039 State and municipal — 37,395 — 37,395 CLO Securities — 122,204 — 122,204 Corporate bonds — 11,573 — 11,573 SBA pooled securities — 3,327 — 3,327 $ — $ 224,310 $ — $ 224,310 Equity securities Mutual fund $ 5,826 $ — $ — $ 5,826 Loans held for sale $ — $ 24,546 $ — $ 24,546 Indemnification asset $ — $ — $ 36,225 $ 36,225 Derivative financial instruments (cash flow hedges) Interest rate swap $ — $ 816 $ — $ 816 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2019 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale U.S. Government agency obligations $ — $ 39,760 $ — $ 39,760 Mortgage-backed securities, residential — 38,016 — 38,016 Asset-backed securities — 7,959 — 7,959 State and municipal — 32,065 — 32,065 CLO Securities — 75,273 — 75,273 Corporate bonds — 51,583 — 51,583 SBA pooled securities — 4,164 — 4,164 $ — $ 248,820 $ — $ 248,820 Equity securities Mutual fund $ 5,437 $ — $ — $ 5,437 Loans held for sale $ — $ 2,735 $ — $ 2,735 Liabilities measured at fair value on a recurring basis ICC Contingent consideration $ — $ — $ 21,622 $ 21,622 The Company used the following methods and assumptions to estimate fair value of financial instruments that are measured at fair value on a recurring basis: Securities available for sale – The fair values of debt securities available for sale are determined by third-party matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). Equity securities – The fair values of equity securities are determined based on quoted market prices in active markets and are classified in Level 1 of the valuation hierarchy. Loans held for sale – The fair value of loans held for sale is determined using commitments on hand from investors or prevailing market prices and are classified in Level 2 of the valuation hierarchy. Derivative Financial Instruments – Currently, the Company uses interest rate swaps as part of its cash flow strategy to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The derivative financial instrument fair value is considered a Level 2 classification. Indemnification Asset The fair value of the indemnification asset is calculated as the present value of the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio. The cash flows are discounted at a rate to reflect the uncertainty of the timing and receipt of the payments from Covenant . The indemnification asset is reviewed quarterly and changes to the asset are recorded as adjustments to other noninterest income or expense, as appropriate, within the Consolidated Statements of Income. The indemnification asset fair value is considered a Level 3 classification. At December 31, 2020, the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio were $39,200,000 and a discount rate of 8.8% was applied to calculate the present value of the indemnification asset. A reconciliation of the opening balance to the closing balance of the fair value of the indemnification asset is as follows: (Dollars in thousands) 2020 2019 2018 Beginning balance $ — $ — $ — Indemnification asset recognized in business combination 30,959 — — Change in fair value of indemnification asset recognized in earnings 5,266 — — Ending balance $ 36,225 $ — $ — ICC contingent consideration – The fair value of the ICC contingent consideration is based on a proprietary index designed to approximate the rise and fall of transportation invoice prices subsequent to acquisition and is correlated to monthly movements in average invoice prices historically experienced by ICC. The index is calculated by a third-party data analytics firm and is correlated to monthly movements in average invoice prices historically experienced by ICC. At the end of the earnout period, a final average index price was calculated and the contingent consideration was settled in cash based on the final average index price, with a payout ranging from $0 to $22,000,000. The fair value of the contingent consideration was calculated each reporting period, and changes in the fair value of the contingent consideration are recorded in noninterest income in the consolidated statements of income. The fair value was classified in Level 3 of the valuation hierarchy. At December 31, 2019, the fair value calculation of the contingent consideration resulted in an estimated payout of $22,000,000 and a discount rate of 1.7% was applied to calculate the present value of the contingent consideration. During the year ended December 31, 2020, the maximum $22,000,000 of contingent consideration was paid out. A reconciliation of the opening balance to the closing balance of the fair value of the contingent consideration is as follows: (Dollars in thousands) 2020 2019 2018 Beginning balance $ 21,622 $ 20,745 $ — Contingent consideration recognized in business combination — — 20,000 Change in fair value of contingent consideration recognized in earnings 378 877 745 Consideration settlement payments (22,000) — — Ending balance $ — $ 21,622 $ 20,745 There were no transfers between levels for the years ended December 31, 2020 and 2019. Assets measured at fair value on a non-recurring basis are summarized in the table below. There were no liabilities measured at fair value on a non-recurring basis at December 31, 2020 and 2019. (Dollars in thousands) Fair Value Measurements Using Total December 31, 2020 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 5,107 $ 5,107 Construction, land development, land — — 824 824 1-4 family residential properties — — — — Commercial — — 2,355 2,355 Factored receivables — — 41,065 41,065 Consumer — — 3 3 Other real estate owned (1) : Commercial real estate — — 273 273 1-4 family residential properties — — 114 114 Farmland — — 209 209 $ — $ — $ 49,950 $ 49,950 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2019 Level 1 Level 2 Level 3 Impaired loans Commercial real estate $ — $ — $ 534 $ 534 Construction, land development, land — — 664 664 1-4 family residential properties — — 2 2 Commercial — — 4,754 4,754 Factored receivables — — 12,762 12,762 Consumer — — 8 8 PCI — — 67 67 Other real estate owned (1) : Commercial real estate — — 388 388 1-4 family residential properties — — 89 89 $ — $ — $ 19,268 $ 19,268 (1) Represents the fair value of OREO that was adjusted subsequent to its initial classification as OREO. As of December 31, 2020 and 2019, the only Level 3 assets with material unobservable inputs are associated with impaired loans and OREO. Collateral Dependent Loans Specific Allocation of ACL A loan is considered to be a collateral dependent loan when, based on current information and events, the Company expects repayment of the financial assets to be provided substantially through the operation or sale of the collateral and the Company has determined that the borrower is experiencing financial difficulty as of the measurement date. The ACL is measured by estimating the fair value of the loan based on the present value of expected cash flows, the market price of the loan, or the underlying fair value of the loan’s collateral. For real estate loans, fair value of the loan’s collateral is determined by third-party appraisals, which are then adjusted for the estimated selling and closing costs related to liquidation of the collateral. For this asset class, the actual valuation methods (income, sales comparable, or cost) vary based on the status of the project or property. For example, land is generally based on the sales comparable method while construction is based on the income and/or sales comparable methods. The unobservable inputs may vary depending on the individual assets with no one of the three methods being the predominant approach. The Company reviews the third-party appraisal for appropriateness and adjusts the value downward to consider selling and closing costs, which typically range from 5% to 8% of the appraised value. For non-real estate loans, fair value of the loan’s collateral may be determined using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business. OREO OREO is primarily comprised of real estate acquired in partial or full satisfaction of loans. OREO is recorded at its estimated fair value less estimated selling and closing costs at the date of transfer, with any excess of the related loan balance over the fair value less expected selling costs charged to the ACL. Subsequent changes in fair value are reported as adjustments to the carrying amount and are recorded against earnings. The Company outsources the valuation of OREO with material balances to third-party appraisers. For this asset class, the actual valuation methods (income, sales comparable, or cost) vary based on the status of the project or property. For example, land is generally based on the sales comparable method while construction is based on the income and/or sales comparable methods. The unobservable inputs may vary depending on the individual assets with no one of the three methods being the predominant approach. The Company reviews the third-party appraisal for appropriateness and adjusts the value downward to consider selling and closing costs, which typically range from 5% to 8% of the appraised value. The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis were as follows: December 31, 2020 Carrying Fair Value Measurements Using Total (Dollars in thousands) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 314,393 $ 314,393 $ — $ — $ 314,393 Securities - held to maturity 5,919 — — 5,850 5,850 Loans not previously presented, gross 4,953,399 195,739 — 4,783,143 4,978,882 FHLB and other restricted stock 6,751 N/A N/A N/A N/A Accrued interest receivable 19,435 19,435 — — 19,435 Financial liabilities: Deposits 4,716,600 — 4,719,625 — 4,719,625 Customer repurchase agreements 3,099 — 3,099 — 3,099 Federal Home Loan Bank advances 105,000 — 105,000 — 105,000 Paycheck Protection Program Liquidity Facility 191,860 — 191,860 — 191,860 Subordinated notes 87,509 — 89,413 — 89,413 Junior subordinated debentures 40,072 — 40,379 — 40,379 Accrued interest payable 4,270 4,270 — — 4,270 December 31, 2019 Carrying Fair Value Measurements Using Total (Dollars in thousands) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 197,880 $ 197,880 $ — $ — $ 197,880 Securities - held to maturity 8,417 — — 6,907 6,907 Loans not previously presented, gross 4,170,604 83,454 — 4,086,597 4,170,051 FHLB and other restricted stock 19,860 N/A N/A N/A N/A Accrued interest receivable 20,322 20,322 — — 20,322 Financial liabilities: Deposits 3,789,906 — 3,793,603 — 3,793,603 Customer repurchase agreements 2,033 — 2,033 — 2,033 Federal Home Loan Bank advances 430,000 — 430,000 — 430,000 Subordinated notes 87,327 — 93,877 — 93,877 Junior subordinated debentures 39,566 — 40,700 — 40,700 Accrued interest payable 9,367 9,367 — — 9,367 For those financial instruments not previously described, the following methods and assumptions were used by the Company in estimating the fair values of financial instruments as disclosed herein: Cash and Cash Equivalents For financial instruments with a shorter term or with no stated maturity, prevailing market rates, and limited credit risk, the carrying amounts approximate fair value and are considered a Level 1 classification. Securities held to maturity The fair values of the Company’s investments in the subordinated notes of Trinitas IV, Trinitas V, and Trinitas VI classified as securities held to maturity are determined based on the securities’ discounted projected future cash flows (net present value), resulting in a Level 3 classification. Loans Loans include loans held for investment, excluding impaired loans previously described above. For variable rate loans that reprice frequently and have no significant changes in credit risk, excluding previously presented impaired loans measured at fair value on a non-recurring basis, fair values are based on carrying values. Fair values for fixed rate loans are estimated using discounted cash flow analyses. The discount rates used to determine the fair value of loans use interest rate spreads that reflect factors such as liquidity, credit, and nonperformance risk of the loans. These loans are considered a Level 3 classification. The fair values of commercial loans in the Company’s liquid credit portfolio are determined based on quoted market prices in active markets and are considered a Level 1 classification. FHLB and other restricted stock FHLB and other restricted stock is restricted to member banks and there are restrictions placed on its transferability. As a result, the fair value of FHLB and other restricted stock was not practicable to determine. Deposits The fair values disclosed for demand deposits and non-maturity transaction accounts are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts) and are considered a Level 2 classification. Fair values for fixed rate time deposits are estimated using a discounted cash flow calculation that applies interest rates currently being offered on time deposits to a schedule of aggregated expected monthly maturities on time deposits resulting in a Level 2 classification. Customer repurchase agreements The carrying amount of customer repurchase agreements approximates fair value due to their short-term nature. The customer repurchase agreement fair value is considered a Level 2 classification. Federal Home Loan Bank advances The Company’s FHLB advances have variable rates or a maturity of less than three months and therefore fair value materially approximates carrying value and is considered a Level 2 classification. Paycheck Protection Program Liquidity Fund The Company’s PPPLF borrowings correspond to PPP loans and are expected to be short-term in duration, therefore fair value materially approximates carrying value and is considered a Level 2 classification. Subordinated notes The subordinated notes were valued based on quoted market prices, but due to limited trading activity for the subordinated notes in these markets, the subordinated notes are considered a Level 2 classification. Junior subordinated debentures The junior subordinated debentures were valued by discounting future cash flows using current interest rates for similar financial instruments, resulting in a Level 2 classification. Accrued Interest Receivable and Accrued Interest Payable The carrying amounts of accrued interest receivable and accrued interest payable approximate their fair values given the short-term nature of the receivables and are considered a Level 1 classification.

Related-Party Transactions

Related-Party Transactions	12 Months Ended
Related-Party Transactions	Dec. 31, 2020
Related Party Transactions [Abstract]
Related-Party Transactions	RELATED-PARTY TRANSACTIONS In the ordinary course of business, we have granted loans to executive officers, directors, and their affiliates were as follows: Years Ended December 31, (Dollars in thousands) 2020 2019 Beginning balance $ 39,651 $ 39,520 New loans and advances 500 952 Repayments and sales (786) (821) Effect of changes in composition of related parties (35,473) — Ending balance $ 3,892 $ 39,651 At December 31, 2020 and 2019, there were no loans to executive officers, directors, or their affiliates that were considered non-performing or potential problem loans. During the year ended December 31, 2018, a related party loan with a carrying amount of $9,781,000 was transferred to loans held for sale as the Company made the decision to sell the loan. The loan was subsequently sold at its par value for no gain or loss. Deposits from executive officers, directors, and their affiliates at December 31, 2020 and 2019 were $30,294,000 and $5,641,000, respectively.

Regulatory Matters

Regulatory Matters	12 Months Ended
Regulatory Matters	Dec. 31, 2020
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Matters	REGULATORY MATTERS The Company (on a consolidated basis) and TBK Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s or TBK Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and TBK Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and TBK Bank to maintain minimum amounts and ratios (set forth in the table below) of total, common equity Tier 1, and Tier 1 capital to risk weighted assets, and of Tier 1 capital to average assets. Management believes, as of December 31, 2020, the Company and TBK Bank meet all capital adequacy requirements to which they are subject. As of December 31, 2020, TBK Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” TBK Bank must maintain minimum total risk based, common equity Tier 1 risk based, Tier 1 risk based, and Tier 1 leverage ratios as set forth in the table below. There are no conditions or events since December 31, 2020 that management believes have changed TBK Bank’s category. The actual capital amounts and ratios for the Company and TBK Bank are presented in the following table: Actual Minimum for Capital To Be Well (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $715,142 13.0% $440,087 8.0% N/A N/A TBK Bank, SSB $653,359 12.1% $431,973 8.0% $539,966 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $581,580 10.6% $329,196 6.0% N/A N/A TBK Bank, SSB $608,737 11.3% $323,223 6.0% $430,964 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $496,508 9.0% $248,254 4.5% N/A N/A TBK Bank, SSB $608,737 11.3% $242,417 4.5% $350,158 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $581,580 10.8% $215,400 4.0% N/A N/A TBK Bank, SSB $608,737 11.3% $215,482 4.0% $269,353 5.0% As of December 31, 2019 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $604,832 12.8% $378,020 8.0% N/A N/A TBK Bank, SSB $555,213 12.0% $370,142 8.0% $462,678 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $487,775 10.3% $284,141 6.0% N/A N/A TBK Bank, SSB $525,490 11.4% $276,574 6.0% $368,765 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $448,209 9.5% $212,310 4.5% N/A N/A TBK Bank, SSB $525,490 11.4% $207,430 4.5% $299,621 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $487,775 10.0% $195,110 4.0% N/A N/A TBK Bank, SSB $525,490 10.9% $192,840 4.0% $241,050 5.0% As permitted by the interim final rule issued on March 27, 2020 by the federal banking regulatory agencies, the Company has elected the option to delay the estimated impact on regulatory capital of ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which was effective January 1, 2020. The initial impact of adoption of ASU 2016-13 as well as 25% of the quarterly increases in the allowance for credit losses subsequent to adoption of ASU 2016-13 (collectively the “transition adjustments”) will be delayed for two years. After two years, the cumulative amount of the transition adjustments will become fixed and will be phased out of the regulatory capital calculations evenly over a three year period, with 75% recognized in year three, 50% recognized in year four, and 25% recognized in year five. After five years, the temporary regulatory capital benefits will be fully reversed. Dividends paid by TBK Bank are limited to, without prior regulatory approval, current year earnings and earnings less dividends paid during the preceding two years. The capital conservation buffer set forth by the Basel III regulatory capital framework was 2.5% at December 31, 2020 and December 31, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress and requires increased capital levels for the purpose of capital distributions and other payments. Failure to meet the full amount of the buffer will result in restrictions on the Company’s ability to make capital distributions, including dividend payments and stock repurchases, and to pay discretionary bonuses to executive officers. At December 31, 2020, the Company’s and TBK Bank’s risk based capital exceeded the required capital conservation buffer.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Dec. 31, 2020
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS’ EQUITY The following summarizes the Company’s capital structure. Preferred Stock Series C (Dollars in thousands, except per share amounts) December 31, 2020 Shares authorized 51,750 Shares issued 45,000 Shares outstanding 45,000 Par value per share $ 0.01 Liquidation preference per share $ 1,000 Liquidation preference amount $ 45,000 Dividend rate 7.125 % Dividend payment dates Quarterly On June 19, 2020, the Company issued 45,000 shares of 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share through an underwritten public offering of 1,800,000 depositary shares, each representing a 1/40 th ownership interest in a share of the Series C Preferred Stock. Total gross proceeds from the preferred stock offering were $45,000,000. Net proceeds after underwriting discounts and offering expenses were $42,364,000. The net proceeds will be used for general corporate purposes. Series C Preferred Stock holders are entitled to quarterly cash dividends accruing at the rate per annum of 7.125% beginning September 30, 2020, applied to the liquidation preference value of the stock. Any dividends not paid shall not accumulate but will be waived and not payable by the Company. Payments of dividends are subject to declaration by the board of the Company. The Series C Preferred Stock is not redeemable by the holder and is senior to the Company’s common stock. The Series C Preferred stock may be redeemed in whole or in part by the Company at liquidation value (i) on any dividend payment date on or after June 30, 2025 or (ii) within 90 days following a regulatory capital treatment event (as defined in the Statement of Designation), subject to regulatory approval. Preferred Stock Series A and Series B On October 26, 2018, 45,500 Preferred Stock Series A shares with a liquidation value of $4,550,000 were converted to 315,773 shares of common stock at the option of the holders at their preferred to common stock conversion ratio of 6.94008. On October 26, 2018, 51,076 Preferred Stock Series B shares outstanding with a liquidation value of $5,108,000 were converted to 354,463 shares of common stock at the option of the holders at their preferred to common stock conversion ratio of 6.94008. There were no preferred shares issued or outstanding at December 31, 2019 or 2018. Common Stock December 31, (Dollars in thousands, except per share amounts) 2020 2019 Shares authorized 50,000,000 50,000,000 Shares issued 27,951,721 27,163,642 Treasury shares 3,083,503 2,198,681 Shares outstanding 24,868,218 24,964,961 Par value per share $ 0.01 $ 0.01 Common Stock Offerings On April 12, 2018, the Company completed an underwritten common stock offering issuing 5,405,000 shares of the Company’s common stock, including 705,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at $37.50 per share for total gross proceeds of $202,688,000. Net proceeds from the offering, after deducting the underwriting discount and offering expenses, were $192,053,000. Stock Repurchase Program During the year ended December 31, 2020, the Company purchased 871,319 shares into treasury stock under the Company's stock repurchase program at an average price of $40.81, for a total of $35,600,000, effectively completing the $50,000,000 stock repurchase program authorized by the Company's board of directors on October 16, 2019. During the year ended December 31, 2019, the Company purchased 2,080,791 shares into treasury stock under the Company's stock repurchase program at an average price of $30.90, for a total of $64,366,000, under the stock repurchase programs authorized by the Company's board of directors on October 29, 2018, July 17, 2019, and October 16, 2019. There were no stock repurchases made under stock repurchase programs during the year ended December 31, 2018.

Stock Based Compensation

Stock Based Compensation	12 Months Ended
Stock Based Compensation	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock Based Compensation	STOCK BASED COMPENSATION Stock based compensation expense that has been charged against income was $4,618,000, $3,654,000 and $2,735,000 for the years ended December 31, 2020, 2019 and 2018, respectively. 2014 Omnibus Incentive Plan The Company’s 2014 Omnibus Incentive Plan (“Omnibus Incentive Plan”) provides for the grant of nonqualified and incentive stock options, stock appreciation rights, restricted stock awards, restricted stock units, and other awards that may be settled in, or based upon the value of, the Company’s common stock. The aggregate number of shares of common stock available for issuance under the Omnibus Incentive Plan is 2,000,000 shares. Restricted Stock Awards A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested RSAs Shares Weighted Average Nonvested at January 1, 2020 148,349 $ 31.86 Granted 138,417 26.54 Vested (75,163) 29.64 Forfeited (6,067) 29.44 Nonvested at December 31, 2020 205,536 $ 29.17 RSAs granted to employees under the Omnibus Incentive Plan generally vest over three Restricted Stock Units A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested RSUs Shares Weighted Average Nonvested at January 1, 2020 55,228 $ 38.75 Granted 38,801 26.25 Vested — — Forfeited (4,316) 38.75 Nonvested at December 31, 2020 89,713 $ 33.34 RSUs granted to employees under the Omnibus Incentive Plan vest after five years. Compensation expense for the RSUs will be recognized over the vesting period of the awards based on the fair value of the stock at the issue date. As of December 31, 2020, there was $1,689,000 of unrecognized compensation cost related to the nonvested RSUs. The cost is expected to be recognized over a remaining period of 2.33 years. Market Based Performance Stock Units A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested Market Based PSUs Shares Weighted Average Nonvested at January 1, 2020 67,707 $ 37.71 Granted 22,220 29.93 Vested — — Forfeited (4,316) 38.57 Nonvested at December 31, 2020 85,611 $ 35.65 Market Based PSUs granted to employees under the Omnibus Incentive Plan vest after three The fair value of the Market Based PSUs granted was determined using the following weighted average assumptions: Year Ended December 31, 2020 2019 Grant date May 1, 2020 May 1, 2019 Performance period 3.00 Years 3.00 years Stock price $ 26.25 $ 30.82 Triumph stock price volatility 43.02 % 28.29 % Risk-free rate 0.25 % 2.25 % Expected volatilities were determined based on the historical volatilities of the Company and the specified peer group. The risk-free interest rate for the performance period was derived from the Treasury constant maturities yield curve on the valuation date. As of December 31, 2020, there was $1,598,000 of unrecognized compensation cost related to the nonvested Market Based PSUs. The cost is expected to be recognized over a remaining period of 2.21 years. Performance Based Performance Stock Units A summary of changes in the Company’s nonvested Performance Based Performance Stock Units (“Performance Based PSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested Performance Based PSUs Shares Weighted Average Nonvested at January 1, 2020 254,000 $ 38.02 Granted 10,125 26.25 Vested — — Forfeited (7,500) 38.02 Nonvested at December 31, 2020 256,625 $ 37.56 Performance Based PSUs granted to employees under the Omnibus Incentive Plan vest after three years. The number of shares issued upon vesting will range from 0% to 200% of the shares granted based on the Company’s cumulative diluted earnings per share over the performance period. Compensation expense for the Performance Based PSUs will be estimated each period based on the fair value of the stock at the grant date and the most probable outcome of the performance condition, adjusted for the passage of time within the vesting period of the awards. As of December 31, 2020, the maximum unrecognized compensation cost related to the nonvested Performance Based PSUs was $19,275,000, and the remaining performance period over which the cost could be recognized was 2.00 years. No compensation cost was recorded during the year ended December 31, 2020. Stock Options A summary of changes in the Company’s stock options under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Stock Options Shares Weighted Average Weighted Average Aggregate Outstanding at January 1, 2020 225,055 $ 24.10 Granted 32,937 24.66 Exercised (29,121) 16.02 Forfeited (443) 38.75 Expired (442) 38.75 Outstanding at December 31, 2020 227,986 $ 25.16 6.89 $ 5,332 Fully vested shares and shares expected to vest at December 31, 2020 227,986 $ 25.16 6.89 $ 5,332 Shares exercisable at December 31, 2020 145,253 $ 22.49 6.18 $ 3,785 Information related to the stock options for the years ended December 31, 2020, 2019 and 2018 was as follows: Year Ended December 31, (Dollars in thousands, except per share amounts) 2020 2019 2018 Aggregate intrinsic value of options exercised $ 940 $ 155 $ 59 Cash received from option exercises $ — $ — $ — Tax benefit realized from option exercises $ 197 $ 33 $ 12 Weighted average fair value of options granted (per share) $ 8.85 $ 10.03 $ 13.22 Fair value of vested awards $ 471 $ 465 $ 313 Stock options awarded to employees under the Omnibus Incentive Plan are generally granted with an exercise price equal to the market price of the Company’s common stock at the date of grant, vest over four years, and have ten years contractual terms. The fair value of stock options granted is estimated at the date of grant using the Black-Scholes option-pricing model. The fair value of the stock options granted was determined using the following weighted average assumptions: 2020 2019 2018 Risk-free interest rate 0.46 % 2.33 % 2.85 % Expected term 6.25 years 6.25 years 6.25 years Expected stock price volatility 33.83 % 27.46 % 28.07 % Dividend yield — — — Expected volatilities were determined based on a blend of the Company’s historical volatility and historical volatilities of a peer group of companies with a similar size, industry, stage of life cycle, and capital structure. The expected term of the options granted was determined based on the SEC simplified method, which calculates the expected term as the mid-point between the weighted average time to vesting and the contractual term. The risk-free interest rate for the expected term of the options was derived from the Treasury constant maturity yield curve on the valuation date. As of December 31, 2020, there was $321,000 of unrecognized compensation cost related to nonvested stock options. The cost is expected to be recognized over a remaining weighted average period of 2.67 years. Employee Stock Purchase Plan During the year ended December 31, 2019, the Company’s Board of Directors adopted, and the Company’s stockholders approved, the Triumph Bancorp, Inc. 2019 Employee Stock Purchase Plan (“ESPP”). Under the ESPP, 2,500,000 shares of common stock were reserved for issuance. The ESPP enables eligible employees to purchase the Company’s common stock at a price per share equal to 85% of the lower of the fair market value of the common stock at the beginning or end of each six month offering period. The first offering period has not yet commenced.

Parent Company Only Condensed F

Parent Company Only Condensed Financial Information	12 Months Ended
Parent Company Only Condensed Financial Information	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
Parent Company Only Condensed Financial Information	PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION The following tables present parent company only condensed financial information. Condensed Parent Company Only Balance Sheets: (Dollars in thousands) December 31, December 31, ASSETS Cash and cash equivalents $ 51,183 $ 35,914 Securities - held to maturity 5,919 8,417 Loans — 719 Investment in bank subsidiary 793,938 713,348 Investment in non-bank subsidiaries 4,592 5,542 Other assets 866 1,174 Total assets $ 856,498 $ 765,114 LIABILITIES AND EQUITY Subordinated notes $ 87,509 $ 87,327 Junior subordinated debentures 40,072 39,566 Intercompany payables 178 318 Accrued expenses and other liabilities 1,958 1,313 Total liabilities 129,717 128,524 Stockholders' equity 726,781 636,590 Total liabilities and equity $ 856,498 $ 765,114 Condensed Parent Company Only Statements of Income: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Interest income $ 270 $ 1,163 $ 2,014 Interest expense (7,477) (6,464) (6,092) Credit loss expense (1,899) 83 8 Other income (20) (187) 5 Salaries and employee benefits expense (606) (613) (523) Other expense (2,376) (2,069) (3,710) Income (loss) before income tax and income from subsidiaries (12,108) (8,087) (8,298) Income tax (expense) benefit 2,631 193 1,049 Dividends from subsidiaries and equity in undistributed subsidiary income 73,501 66,438 58,957 Net income 64,024 58,544 51,708 Dividends on preferred stock (1,701) — (578) Net income available to common stockholders $ 62,323 $ 58,544 $ 51,130 Comprehensive income attributable to Parent $ 68,071 $ 60,853 $ 51,101 Condensed Parent Company Only Statements of Cash Flows: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Cash flows from operating activities: Net income $ 64,024 $ 58,544 $ 51,708 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in undistributed subsidiary income (58,501) (35,938) (58,957) Net accretion of securities (221) (923) (983) Amortization of junior subordinated debentures 506 483 460 Amortization of subordinated notes issuance costs 182 116 101 Stock based compensation 315 315 320 Credit loss expense 1,900 — — Change in other assets 337 2,438 1,273 Change in accrued expenses and other liabilities 505 (4,771) (6,458) Net cash provided by (used in) operating activities 9,047 20,264 (12,536) Cash flows from investing activities: Investment in subsidiaries 146 — (59,038) Proceeds from maturities, calls, and pay downs of securities held to maturity 693 993 1,053 Net change in loans 719 9,193 1,134 Cash used in acquisition of subsidiaries, net — — (137,806) Net cash provided by (used in) investing activities 1,558 10,186 (194,657) Cash flows from financing activities: Proceeds from issuance of subordinated notes, net — 38,282 — Issuance of common stock, net of issuance costs — — 192,053 Issuance of preferred stock, net of issuance costs 42,364 — — Dividends on preferred stock (1,701) — (578) Purchase of treasury stock (35,772) (64,524) (398) Stock option exercises (227) — (4) Net cash provided by (used in) financing activities 4,664 (26,242) 191,073 Net increase (decrease) in cash and cash equivalents 15,269 4,208 (16,120) Cash and cash equivalents at beginning of period 35,914 31,706 47,826 Cash and cash equivalents at end of period $ 51,183 $ 35,914 $ 31,706

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The factors used in the earnings per share computation follow: Year Ended December 31, (Dollars in thousands) 2020 2019 2018 Basic Net income to common stockholders $ 62,323 $ 58,544 $ 51,130 Weighted average common shares outstanding 24,387,932 25,941,395 24,791,448 Basic earnings per common share $ 2.56 $ 2.26 $ 2.06 Diluted Net income to common stockholders $ 62,323 $ 58,544 $ 51,130 Dilutive effect of preferred stock — — 578 Net income to common stockholders - diluted $ 62,323 $ 58,544 $ 51,708 Weighted average common shares outstanding 24,387,932 25,941,395 24,791,448 Dilutive effects of: Assumed conversion of Preferred A — — 258,674 Assumed conversion of Preferred B — — 290,375 Assumed exercises of stock options 64,104 63,808 84,126 Restricted stock awards 86,498 47,242 52,851 Restricted stock units 25,978 3,441 3,039 Performance stock units - market based 51,304 4,119 — Performance stock units - performance based — — — Average shares and dilutive potential common shares 24,615,816 26,060,005 25,480,513 Diluted earnings per common share $ 2.53 $ 2.25 $ 2.03 Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows: Years Ended December 31, 2020 2019 2018 Assumed conversion of Preferred A — — — Assumed conversion of Preferred B — — — Stock options 64,947 66,019 51,952 Restricted stock awards — — — Restricted stock units — — — Performance stock units - market based — 55,228 59,658 Performance stock units - performance based 256,625 254,000 —

Business Segment Information

Business Segment Information	12 Months Ended
Business Segment Information	Dec. 31, 2020
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION The following presents the Company’s operating segments. The accounting policies of the segments are the same as those described in Note 1 – Summary of Significant Accounting Policies. Transactions between segments consist primarily of borrowed funds. Beginning in 2019, intersegment interest expense is allocated to the Factoring segment based on Federal Home Loan Bank advance rates. Prior to 2019, intersegment interest was calculated based on the Company’s prime rate. Credit loss expense is allocated based on the segment’s ACL determination. Noninterest income and expense directly attributable to a segment are assigned to it. Taxes are paid on a consolidated basis but not allocated for segment purposes. The Factoring segment includes only factoring originated by TBC. General factoring services not originated through TBC are included in the Banking segment. (Dollars in thousands) Year Ended December 31, 2020 Banking Factoring Corporate Consolidated Total interest income $ 212,452 $ 109,391 $ 272 $ 322,115 Intersegment interest allocations 12,371 (12,371) — — Total interest expense 29,911 — 7,476 37,387 Net interest income (expense) 194,912 97,020 (7,204) 284,728 Credit loss expense 20,389 16,042 1,898 38,329 Net interest income (expense) after credit loss expense 174,523 80,978 (9,102) 246,399 Gain on sale of subsidiary or division 9,758 — — 9,758 Other noninterest income 29,503 21,010 114 50,627 Noninterest expense 163,995 54,011 4,068 222,074 Operating income (loss) $ 49,789 $ 47,977 $ (13,056) $ 84,710 (Dollars in thousands) Year Ended December 31, 2019 Banking Factoring Corporate Consolidated Total interest income $ 211,742 $ 98,247 $ 1,164 $ 311,153 Intersegment interest allocations 11,294 (11,294) — — Total interest expense 48,786 — 6,464 55,250 Net interest income (expense) 174,250 86,953 (5,300) 255,903 Credit loss expense 5,533 2,486 (77) 7,942 Net interest income (expense) after credit loss expense 168,717 84,467 (5,223) 247,961 Noninterest income 26,875 4,727 (33) 31,569 Noninterest expense 148,620 51,780 3,684 204,084 Operating income (loss) $ 46,972 $ 37,414 $ (8,940) $ 75,446 (Dollars in thousands) Year Ended December 31, 2018 Banking Factoring Corporate Consolidated Total interest income $ 170,871 $ 90,092 $ 2,013 $ 262,976 Intersegment interest allocations 20,191 (20,191) — — Total interest expense 29,834 — 6,092 35,926 Net interest income (expense) 161,228 69,901 (4,079) 227,050 Credit loss expense 12,373 3,802 (8) 16,167 Net interest income (expense) after credit loss expense 148,855 66,099 (4,071) 210,883 Gain on sale of subsidiary or division 1,071 — — 1,071 Other noninterest income 18,364 3,483 52 21,899 Noninterest expense 119,283 43,495 4,575 167,353 Operating income (loss) $ 49,007 $ 26,087 $ (8,594) $ 66,500 (Dollars in thousands) December 31, 2020 Banking Factoring Corporate Eliminations Consolidated Total assets $ 5,907,373 $ 1,121,704 $ 861,967 $ (1,955,253) $ 5,935,791 Gross loans held for investment $ 4,872,494 $ 1,036,369 $ 800 $ (912,887) $ 4,996,776 (Dollars in thousands) December 31, 2019 Banking Factoring Corporate Eliminations Consolidated Total assets $ 4,976,009 $ 662,002 $ 771,048 $ (1,348,762) $ 5,060,297 Gross loans held for investment $ 4,108,735 $ 573,372 $ 1,519 $ (489,114) $ 4,194,512

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
Quarterly Financial Data (Unaudited)	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	QUARTERLY FINANCIAL DATA (UNAUDITED) The following presents quarterly financial data for the years ended December 31, 2020 and 2019. Year Ended December 31, 2020 (Dollars in thousands) Fourth Third Second First Interest income $ 89,939 $ 82,364 $ 74,398 $ 75,414 Interest expense 6,341 7,985 10,147 12,914 Net interest income 83,598 74,379 64,251 62,500 Credit loss expense 4,680 (258) 13,609 20,298 Net interest income after credit loss expense 78,918 74,637 50,642 42,202 Gain on sale of subsidiary or division — — 9,758 — Other noninterest income 22,386 10,493 10,271 7,477 Noninterest income 22,386 10,493 20,029 7,477 Noninterest expense 59,298 55,297 52,726 54,753 Net income before income taxes 42,006 29,833 17,945 (5,074) Income tax expense 9,876 6,929 4,505 (624) Net income 32,130 22,904 13,440 (4,450) Dividends on preferred stock (802) (899) — — Net income available to common stockholders $ 31,328 $ 22,005 $ 13,440 $ (4,450) Earnings per common share Basic $ 1.27 $ 0.89 $ 0.56 $ (0.18) Diluted $ 1.25 $ 0.89 $ 0.56 $ (0.18) Year Ended December 31, 2019 (Dollars in thousands) Fourth Third Second First Interest income $ 81,171 $ 79,415 $ 77,303 $ 73,264 Interest expense 14,763 14,650 13,884 11,953 Net interest income 66,408 64,765 63,419 61,311 Credit loss expense 382 2,865 3,681 1,014 Net interest income after credit loss expense 66,026 61,900 59,738 60,297 Noninterest income 8,666 7,742 7,623 7,538 Noninterest expense 52,661 52,153 50,704 48,566 Net income before income taxes 22,031 17,489 16,657 19,269 Income tax expense 5,322 3,172 3,927 4,481 Net income 16,709 14,317 12,730 14,788 Dividends on preferred stock — — — — Net income available to common stockholders $ 16,709 $ 14,317 $ 12,730 $ 14,788 Earnings per common share Basic $ 0.67 $ 0.56 $ 0.48 $ 0.55 Diluted $ 0.66 $ 0.56 $ 0.48 $ 0.55

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2020
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Triumph Bancorp, Inc. (collectively with its subsidiaries, “Triumph”, or the “Company” as applicable) is a financial holding company headquartered in Dallas, Texas. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries Triumph CRA Holdings, LLC (“TCRA”), TBK Bank, SSB (“TBK Bank”), TBK Bank’s wholly owned factoring subsidiary Advance Business Capital LLC, which currently operates under the d/b/a of Triumph Business Capital (“TBC”), and TBK Bank’s wholly owned subsidiary Triumph Insurance Group, Inc. (“TIG”). On June 30, 2020, the Company sold the assets of Triumph Premium Finance (“TPF”) and exited its premium finance line of business. TPF operated within the Company’s TBK Bank subsidiary. On March 16, 2018, the Company sold the assets of Triumph Healthcare Finance (“THF”) and exited its healthcare asset based lending line of business. THF operated within the Company’s TBK Bank subsidiary. See Note 2 – Business Combinations and Divestitures for additional information pertaining to the TPF and THF sales and the impact of the transactions on the Company’s consolidated financial statements.
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The Company consolidates subsidiaries in which it holds, directly or indirectly, a controlling financial interest. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity or a variable interest entity under U.S. generally accepted accounting principles (“GAAP”). Voting interest entities are entities in which the total equity investment at risk is sufficient to enable the entity to finance itself independently and provides the equity holders with the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity’s activities. The Company consolidates voting interest entities in which it has at least a majority of the voting interest. Variable interest entities (“VIEs”) are entities that lack one or more of the characteristics of a voting interest entity. A controlling financial interest in a VIE is present when an enterprise has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and an obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The enterprise with a controlling financial interest, known as the primary beneficiary, consolidates the VIE. In consolidation, all significant intercompany accounts and transactions are eliminated. Investments in unconsolidated entities are accounted for using the equity method of accounting when the Company has the ability to exercise significant influence over operating and financing decisions. Investments that do not meet the criteria for equity method accounting are accounted for using the cost method of accounting. The accounting and reporting policies of the Company and its subsidiaries conform to GAAP and general practice within the banking industry. Certain reclassifications have been made to prior year amounts to conform to the current year presentation. The Company uses the accrual basis of accounting for financial reporting purposes.
Use of Estimates	Use of Estimates To prepare financial statements in conformity with GAAP management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ.
Risks And Uncertainties	Risks and Uncertainties The outbreak of COVID-19 has adversely impacted a broad range of industries in which the Company’s customers operate and could impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If the global response to contain COVID-19 escalates further or is unsuccessful, the Company could experience further material adverse effects on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and resulting measures to curtail its spread, will have on the Company’s operations, the Company is disclosing potentially material items of which it is aware. Financial position and results of operations In keeping with guidance from regulators, the Company continues to work with COVID-19 affected customers. During the second quarter of 2020 we waived fees from a variety of sources, such as, but not limited to, insufficient funds and overdraft fees, ATM fees, account maintenance fees, etc. These reductions in fees were temporary and expired on June 1, 2020 resulting in a decrease in service charges on deposits fee income for the year ended December 31, 2020 compared to the same period during 2019. Should the pandemic and the global response escalate further, it is possible that the Company could reduce such fees in future periods; however, at this time, the Company is unable to project the materiality of such an impact on the results of operations in future periods. The Company’s interest income could be reduced due to COVID-19. In keeping with guidance from regulators, the Company continues to work with COVID-19 affected borrowers to defer their payments, interest, and fees. While interest and fees continue to accrue to income, through normal GAAP accounting, should eventual credit losses on these deferred payments emerge, the related loans would be placed on nonaccrual status and interest income and fees accrued would be reversed. In such a scenario, interest income in future periods could be negatively impacted. As of December 31, 2020 the Company carries $726,000 of accrued interest income and fees on outstanding deferrals made to COVID-19 affected borrowers. At this time, the Company is unable to project the materiality of such an impact on future deferrals to COVID-19 affected borrowers, but recognizes the breadth of the economic impact may affect its borrowers’ ability to repay in future periods. Capital and liquidity Our reported and regulatory capital ratios could be adversely impacted by further credit loss expense. We rely on cash on hand as well as dividends from our subsidiary bank to service our debt. If our capital deteriorates such that our subsidiary bank is unable to pay dividends to us for an extended period of time, we may not be able to service our debt. We maintain access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short-term funding have recently been volatile. If funding costs are elevated for an extended period of time, it could have an adverse effect on our net interest margin. If an extended recession caused large numbers of our deposit customers to withdraw their funds, we might become more reliant on volatile or more expensive sources of funding. Intangible asset valuation COVID-19 could cause a decline in the Company’s stock price or the occurrence of what management would deem to be a triggering event that could, under certain circumstances, cause us to perform a goodwill impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. It is possible that the lingering effects of COVID-19 could cause the occurrence of what management would deem to be a triggering event that could, under certain circumstances, cause us to perform an intangible asset impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its intangible assets are impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Lending operations and accommodations to borrowers In keeping with regulatory guidance to work with borrowers during this unprecedented situation and as outlined in the Section 4013 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) , the Company is executing a payment deferral program for its commercial lending clients that are adversely affected by the pandemic. Depending on the demonstrated need of the client, the Company is deferring either the full loan payment or the principal component of the loan payment for 60 or 90 days. As of December 31, 2020, the Company’s balance sheet reflected 59 of these deferrals on outstanding loan balances of $104,597,000. In accordance with the CARES Act and March 2020 interagency guidance, these deferrals are not considered troubled debt restructurings. It is possible that these deferrals could be extended further under the CARES Act; however, the volume of these future potential extensions is unknown. It is also possible that in spite of our best efforts to assist our borrowers and achieve full collection of our investment, these deferred loans could result in future charge-offs with additional credit loss expense charged to earnings; however, the amount of any future charge-offs on deferred loans is unknown. With the passage of the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), the Company has participated in assisting its customers with applications for resources through the program. PPP loans have two-year and five-year terms and earn interest at a 1% coupon. The Company believes that the majority of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. As of December 31, 2020, the Company carried 1,913 PPP loans representing a book value of $189,857,000. The Company has received approximately $7,660,000 in total fees from the SBA, $4,570,000 of which were recognized in interest income and fees during the year ended December 31, 2020. The remaining fees will be amortized and recognized over the remaining lives of the loans. It is the Company’s understanding that loans funded through the PPP program are fully guaranteed by the U.S. government. Should those circumstances change, the Company could be required to establish an allowance for credit loss through additional credit loss expense charged to earnings. Credit The Company is working with customers directly affected by COVID-19. The Company is prepared to offer assistance in accordance with regulator guidelines. As a result of the current economic environment caused by the COVID-19 virus, the Company is engaging in communication with borrowers to understand their situation and the challenges faced, allowing the Company to respond proactively as needs and issues arise. Should the economy experience a prolonged period of poor economic conditions or should economic conditions worsen, the Company could experience further increases in its required allowance for credit losses (“ACL”) and record additional credit loss expense. It is possible that the Company’s asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged. Held to Maturity Securities At December 31, 2020, we held $7,945,000 in subordinated notes of three CLO securities managed by our former subsidiary. These securities are the junior-most in securitization capital structures, and are subject to suspension of distributions if the credit of the underlying loan portfolios deteriorates materially. During the year ended December 31, 2020, pandemic-related downgrades and default activity caused overcollateralization triggers to be tripped on two of the three CLO investments which had a material impact on expected cash flows used to calculate the ACL. At December 31, 2020, the CLO investments had recovered and none of the overcollateralization triggers were tripped. The required ACL on these balances was $2,026,000 December 31, 2020 resulting in $1,900,000 of credit loss expense recognized during the year ended December 31, 2020. Ultimately, the realized cash flows on CLO securities such as these will be driven by a variety of factors, including credit performance of the underlying loan portfolio, adjustments to the portfolio by the asset manager, and the timing of a potential call. Thus, we may not receive the full amount of cash distributions we expect to receive, which would cause us to record additional allowance for credit losses with a corresponding charge to credit loss expense through earnings. At December 31, 2020, the Company’s held to maturity securities were classified as nonaccrual. Transportation The Company’s transportation businesses may be affected by COVID-19 and the volatility in oil prices. The global supply disruption from China and Mexico, in combination with the U.S. supply chain challenges due to business disruptions and an overall decrease in consumer demand could have a material impact on freight volumes in the U.S., which could impact our factoring and transportation lending operations in future periods; however, the ultimate impact is unknown.
Cash and Cash Equivalents	Cash and Cash Equivalents For the purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, other short-term investments and federal funds sold. All highly liquid investments with an initial maturity of less than 90 days are considered to be cash equivalents. Certain items, including loan and deposit transactions, customer repurchase agreements, and FHLB advances and repayments, are presented net in the statement of cash flows.
Debt Securities	Debt Securities The Company determines the classification of debt securities at the time of purchase. Debt securities that management has the positive intent and ability to hold to maturity are classified as held to maturity and recorded at amortized cost. Trading securities are recorded at fair value with changes in fair value included in earnings. Debt securities not classified as held to maturity or trading are classified as available for sale and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of tax. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. Amortization of premiums and discounts are recognized in interest income over the period to maturity using the interest method, except for premiums on callable debt securities, which are amortized to their earliest call date. The Company has made a policy election to exclude accrued interest from the amortized cost basis of debt securities and report accrued interest separately in other assets in the consolidated balance sheets. A debt security is placed on nonaccrual status at the time any principal or interest payments become more than 90 days delinquent or if full collection of interest or principal becomes uncertain. Accrued interest for a security placed on nonaccrual is reversed against interest income. There was no accrued interest related to debt securities reversed against interest income for the year ended December 31, 2020 and 2019. Allowance for Credit Losses – Available for Sale Securities For available for sale debt securities in an unrealized loss position, the Company evaluates the securities to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or noncredit-related factors. Any impairment that is not credit related is recognized in other comprehensive income, net of applicable taxes. Credit-related impairment is recognized as an allowance for credit losses (“ACL”) on the balance sheet, limited to the amount by which the amortized cost basis exceeds the fair value, with a corresponding adjustment to earnings. Both the ACL and the adjustment to net income may be reversed if conditions change. However, if the Company intends to sell an impaired available for sale debt security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire impairment amount must be recognized in earnings with a corresponding adjustment to the security’s amortized cost basis. Because the security’s amortized cost basis is adjusted to fair value, there is no ACL in such a situation. In evaluating available for sale debt securities in unrealized loss positions for impairment and the criteria regarding its intent or requirement to sell such securities, the Company considers the extent to which fair value is less than amortized cost, whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuers’ financial condition, among other factors. Changes in the allowance for credit losses are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the ACL when management believes the uncollectability of an available for sale debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable is excluded from the estimate of credit losses. Allowance for Credit Losses – Held to Maturity Securities The allowance for credit losses on held to maturity securities is estimated on a collective basis by major security type. At December 31, 2020 and 2019, the Company’s held to maturity securities consisted of investments in the subordinated notes of collateralized loan obligation (“CLO”) funds. Expected credit losses for these securities are estimated using a discounted cash flow methodology which considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Accrued interest receivable is excluded from the estimate of credit losses.
Equity Securities	Equity Securities Equity securities are recorded at fair value, with unrealized gains and losses included in earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method.
Loans Held for Sale	Loans Held for Sale The Company elects the fair value option for recording 1-4 family residential mortgage loans and commercial loans held for sale in accordance with Accounting Standards Codification (“ASC”) 825, “Financial Instruments”. The fair value of loans held for sale is determined based on outstanding commitments from investors to purchase such loans or prevailing market rates. Increases or decreases in the fair value of loans held for sale, if any, are charged to earnings and are recorded in noninterest income in the consolidated statements of income. Gains and losses on sales of loans are based on the difference between the final selling price and the carrying value of the related loan sold. Mortgage loans held for sale are generally sold with servicing rights released. Management occasionally transfers loans held for investment to loans held for sale. Gains or losses on the transfer of loans to loans held for sale are recorded in noninterest income in the consolidated statements of income.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their amortized cost basis, which is the unpaid principal balance outstanding, net of unearned income, deferred loan fees and costs, premiums and discounts associated with acquisition date fair value adjustments on acquired loans, and any direct principal charge-offs. The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in other assets on consolidated balance sheets. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income over the remaining life of the loan without anticipating prepayments. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Loans are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. The accrual of interest income on loans is typically discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. Consumer loans are typically charged off no later than 120 days past due. All interest accrued but not received for a loan placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan balance is reduced to zero. Under the cash basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Factored Receivables The Company purchases invoices from its factoring clients in schedules or batches. To a much lesser extent, the Company will also make short-term advances to its clients on transportation contracts for upcoming loads. Cash is advanced to the client to the extent of the applicable advance rate, less fees, as set forth in the individual factoring agreements. The face value of the invoices purchased or amount advanced is recorded by the Company as factored receivables, and the unadvanced portions of the invoices purchased, less fees, are considered client reserves. The client reserves are held to settle any payment disputes or collection shortfalls, may be used to pay clients’ obligations to various third parties as directed by the client, are periodically released to or withdrawn by clients, and are reported as deposits in the consolidated balance sheets. Unearned factoring fees and unearned net origination fees are deferred and recognized over the weighted average collection period for each client. Subsequent factoring fees are recognized in interest income as incurred by the client and deducted from the clients’ reserve balances. Other factoring-related fees, which include wire transfer fees, carrier payment fees, fuel advance fees, and other similar fees, are reported by the Company as non-interest income. Acquired Loans Acquired loans are recorded at fair value at the date of acquisition based on a discounted cash flow methodology that considers various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company’s assessment of risk inherent in the cash flow estimates. Certain larger purchased loans are individually evaluated while certain purchased loans are grouped together according to similar risk characteristics and are treated in the aggregate when applying various valuation techniques. These cash flow evaluations are inherently subjective as they require material estimates, all of which may be susceptible to significant change. Prior to January 1, 2020, loans acquired in a business combination that had evidence of deterioration of credit quality since origination and for which it was probable, at acquisition, that the Company would be unable to collect all contractually required payments receivable were considered purchased credit impaired (“PCI”). PCI loans were individually evaluated and recorded at fair value at the date of acquisition with no initial valuation allowance based on a discounted cash flow methodology that considered various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company’s assessment of risk inherent in the cash flow estimates. The difference between the undiscounted cash flows expected at acquisition and the investment in the loan, or the “accretable yield,” was recognized as interest income on a level-yield method over the life of the loan. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition, or the “nonaccretable difference,” were not recognized on the balance sheet and did not result in any yield adjustments, loss accruals or valuation allowances. Increases in expected cash flows, including prepayments, subsequent to the initial investment were recognized prospectively through adjustment of the yield on the loan over its remaining life. Decreases in expected cash flows were recognized as impairment. Valuation allowances on PCI loans reflected only losses incurred after the acquisition (meaning the present value of all cash flows expected at acquisition that ultimately were not to be received). Subsequent to January 1, 2020, loans acquired in a business combination that have experienced more-than-insignificant deterioration in credit quality since origination are considered purchased credit deteriorated (“PCD”) loans. At the acquisition date, an estimate of expected credit losses is made for groups of PCD loans with similar risk characteristics and individual PCD loans without similar risk characteristics. This initial allowance for credit losses is allocated to individual PCD loans and added to the purchase price or acquisition date fair values to establish the initial amortized cost basis of the PCD loans. As the initial allowance for credit losses is added to the purchase price, there is no credit loss expense recognized upon acquisition of a PCD loan. Any difference between the unpaid principal balance of PCD loans and the amortized cost basis is considered to relate to noncredit factors and results in a discount or premium. Discounts and premiums are recognized through interest income on a level-yield method over the life of the loans. All loans considered to be PCI prior to January 1, 2020 were converted to PCD on that date. For acquired loans not deemed purchased credit deteriorated at acquisition, the differences between the initial fair value and the unpaid principal balance are recognized as interest income on a level-yield basis over the lives of the related loans. At the acquisition date, an initial allowance for expected credit losses is estimated and recorded as credit loss expense. The subsequent measurement of expected credit losses for all acquired loans is the same as the subsequent measurement of expected credit losses for originated loans. Allowance for Credit Losses – Loans Refer to the Adoption of New Accounting Standards within this footnote for discussion of the change in methodology used to calculate the ACL effective January 1, 2020. Under the current expected credit loss model adopted by the Company on January 1, 2020, the allowance for credit losses on loans is a valuation allowance estimated at each balance sheet date in accordance with US GAAP that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans. The Company estimates the ACL on loans based on the underlying assets’ amortized cost basis, which is the amount at which the financing receivable is originated or acquired, adjusted for applicable accretion or amortization of premium, discount, and net deferred fees or costs, collection of cash, and charge-offs. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has made a policy election to exclude accrued interest from the measurement of ACL. Expected credit losses are reflected in the allowance for credit losses through a charge to credit loss expense. When the Company deems all or a portion of a financial asset to be uncollectible the appropriate amount is written off and the ACL is reduced by the same amount. The Company applies judgment to determine when a financial asset is deemed uncollectible; however, generally speaking, an asset will be considered uncollectible no later than when all efforts at collection have been exhausted. Subsequent recoveries, if any, are credited to the ACL when received. The Company measures expected credit losses of financial assets on a collective (pool) basis, when the financial assets share similar risk characteristics. Depending on the nature of the pool of financial assets with similar risk characteristics, the Company uses a discounted cash flow (“DCF”) method or a loss-rate method to estimate expected credit losses. The Company’s methodologies for estimating the ACL consider available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies apply historical loss information, adjusted for asset-specific characteristics, economic conditions at the measurement date, and forecasts about future economic conditions expected to exist through the contractual lives of the financial assets that are reasonable and supportable, to the identified pools of financial assets with similar risk characteristics for which the historical loss experience was observed. The Company’s methodologies revert back to historical loss information on a straight-line basis over eight quarters when it can no longer develop reasonable and supportable forecasts. The Company has identified the following pools of financial assets with similar risk characteristics for measuring expected credit losses: Commercial Real Estate — This category of loans consists of the following loan types: Non-farm Non-residential — This category includes real estate loans for a variety of commercial property types and purposes, including owner occupied commercial real estate loans primarily secured by commercial office or industrial buildings, warehouses or retail buildings where the owner of the building occupies the property. Repayment terms vary considerably, interest rates are fixed or variable, and are structured for full, partial, or no amortization of principal. This category also includes investment real estate loans that are primarily secured by office and industrial buildings, warehouses, small retail shopping centers and various special purpose properties. Generally, these types of loans are thought to involve a greater degree of credit risk than owner occupied commercial real estate as they are more sensitive to adverse economic conditions. Multi-family residential — Investment real estate loans are primarily secured by non-owner occupied apartment or multifamily residential buildings. Generally, these types of loans are thought to involve a greater degree of credit risk than owner occupied commercial real estate as they are more sensitive to adverse economic conditions. Construction, land development, land —This category of loans consists of loans to finance the ground up construction, improvement and/or carrying for sale after the completion of construction of owner occupied and non-owner occupied residential and commercial properties, and loans secured by raw or improved land. The repayment of construction loans is generally dependent upon the successful completion of the improvements by the builder for the end user, or sale of the property to a third-party. Repayment of land secured loans are dependent upon the successful development and sale of the property, the sale of the land as is, or the outside cash flow of the owners to support the retirement of the debt. 1-4 family residential — This category of loans includes both first and junior liens on residential real estate. Home equity revolving lines of credit and home equity term loans are included in this group of loans. Farmland — These loans are principally loans to purchase farmland. Commercial — Commercial loans are loans for commercial, corporate and business purposes. The Company’s commercial business loan portfolio is comprised of loans for a variety of purposes and across a variety of industries. These loans include general commercial and industrial loans, loans to purchase capital equipment, agriculture operating loans and other business loans for working capital and operational purposes. Commercial loans are generally secured by accounts receivable, inventory and other business assets. Also included in commercial loans are our Paycheck Protection ("PPP") loans originated during 2020. A portion of the commercial loan portfolio consists of specialty commercial finance products as follows: Equipment — Equipment finance loans are commercial loans primarily secured by new or used revenue producing, essential-use equipment from major manufacturers that is movable, may be used in more than one type of business, and generally has broad resale markets. Core markets include transportation, construction, and waste. Loan terms do not exceed the economic life of the equipment and typically are 60 months or less . Asset-based Lending — These loans are originated to borrowers to support general working capital needs. The asset-based loan structure involves advances of loan proceeds against a borrowing base which typically consists of accounts receivable, identified readily marketable inventory, or other collateral of the borrower. The maximum amount a customer may borrow at any time is fixed as a percentage of the borrowing base outstanding. A portion of the commercial loan portfolio also consists of the following national lending product: Liquid Credit — Broadly syndicated leveraged loans secured by a variety of collateral types. Factored Receivables — The Company operates as a factor by purchasing accounts receivable from its clients, then collecting the receivable from the account debtor. The Company’s smaller factoring relationships are typically structured as “non-recourse” relationships ( i.e. , the Company retains the credit risk associated with the ability of the account debtor on a purchased invoice to ultimately make payment) and the Company’s larger factoring relationships are typically structured as “recourse” relationships ( i.e. , the Company’s client agrees to repurchase any invoices for which payment is not ultimately received from the account debtor). Advances initially made to the client to acquire the receivables are typically at a discount to the invoice value. The discount balance is held in client reserves, net of the Company’s compensation. The client reserves are held to settle any payment disputes or collection shortfalls, may be used to pay clients’ obligations to various third parties as directed by the client, are periodically released to or withdrawn by clients, and are reported as deposits. Consumer — Loans used for personal use, typically on an unsecured basis, and client overdrafts. Mortgage Warehouse — Mortgage Warehouse facilities are provided to unaffiliated mortgage origination companies and are collateralized by 1-4 family residential loans. The originator closes new mortgage loans with the intent to sell these loans to third-party investors for a profit. The Company provides funding to the mortgage companies for the period between the origination and their sale of the loan. The Company has a policy that requires that it separately validate that each residential mortgage loan was underwritten consistent with the underwriting requirements of the final investor or market standards prior to advancing funds. The Company is repaid with the proceeds received from sale of the mortgage loan to the final investor. Discounted Cash Flow Method The Company uses the discounted cash flow method to estimate expected credit losses for the commercial real estate, construction, land development, land, 1-4 family residential, commercial (excluding liquid credit), and consumer loan pools. For each of these loan segments, the Company generates cash flow projections at the instrument level wherein payment expectations are adjusted for estimated prepayment speed, curtailments, time to recovery, probability of default, and loss given default. The modeling of expected prepayment speeds, curtailment rates, and time to recovery are based on historical internal data. The Company uses regression analysis of historical internal and peer data to determine suitable loss drivers to utilize when modeling lifetime probability of default and loss given default. This analysis also determines how expected probability of default and loss given default will react to forecasted levels of the loss drivers. For all loan pools utilizing the DCF method, management utilizes and forecasts national unemployment as a loss driver. Management also utilizes and forecasts either one-year percentage change in national retail sales, one-year percentage change in the national home price index, or one-year percentage change in national gross domestic product as a second loss driver depending on the nature of the underlying loan pool and how well that loss driver correlates to expected future losses. For all DCF models, management has determined that four quarters represents a reasonable and supportable forecast period and reverts back to a historical loss rate over eight quarters on a straight-line basis. Management leverages economic projections from a reputable and independent third-party to inform its loss driver forecasts over the four-quarter forecast period. Other internal and external indicators of economic forecasts are also considered by management when developing the forecast metrics. The combination of adjustments for credit expectations (default and loss) and timing expectations (prepayment, curtailment, and time to recovery) produces an expected cash flow stream at the instrument level. Instrument effective yield is calculated, net of the impacts of prepayment assumptions, and the instrument expected cash flows are then discounted at that effective yield to produce an instrument-level net present value of expected cash flows (“NPV”). An ACL is established for the difference between the instrument’s NPV and amortized cost basis. Loss-Rate Method The Company uses a loss-rate method to estimate expected credit losses for the farmland, liquid credit, premium finance, factored receivable, and mortgage warehouse loan pools. For each of these loan segments, the Company applies an expected loss ratio based on internal and peer historical losses adjusted as appropriate for qualitative factors. Qualitative loss factors are based on management's judgment of company, market, industry or business specific data, changes in underlying loan composition of specific portfolios, trends relating to credit quality, delinquency, non-performing and adversely rated loans, and reasonable and supportable forecasts of economic conditions. Collateral Dependent Financial Assets Loans that do not share risk characteristics are evaluated on an individual basis. For collateral dependent financial assets where the Company has determined that foreclosure of the collateral is probable, or where the borrower is experiencing financial difficulty and the Company expects repayment of the financial asset to be provided substantially through the operation or sale of the collateral, the ACL is measured based on the difference between the fair value of the collateral and the amortized cost basis of the asset as of the measurement date. When repayment is expected to be from the operation of the collateral, expected credit losses are calculated as the amount by which the amortized cost basis of the financial asset exceeds the present value of expected cash flows from the operation of the collateral. When repayment is expected to be from the sale of the collateral, expected credit losses are calculated as the amount by which the amortized costs basis of the financial asset exceeds the fair value of the underlying collateral less estimated cost to sell. The ACL may be zero if the fair value of the collateral at the measurement date exceeds the amortized cost basis of the financial asset. The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. A loan that has been modified or renewed is considered a troubled debt restructuring (“TDR”) when two conditions are met: 1) the borrower is experiencing financial difficulty and 2) concessions are made for the borrower's benefit that would not otherwise be considered for a borrower or transaction with similar credit risk characteristics. The Company’s ACL reflects all effects of a TDR when an individual asset is specifically identified as a reasonably expected TDR. The Company has determined that a TDR is reasonably expected no later than the point when the lender concludes that modification is the best course of action and it is at least reasonably possible that the troubled borrower will accept some form of concession from the lender to avoid a default. Reasonably expected TDRs and executed non-performing TDRs are evaluated individually to determine the required ACL. TDRs performing in accordance with their modified contractual terms for a reasonable period of time may be included in the Company’s existing pools based on the underlying risk characteristics of the loan to measure the ACL. Paycheck Protection Program With the passage of the PPP, the Company has actively participated in assisting its customers with applications for loans through the program. Loans funded through the PPP program are fully guaranteed by the U.S. government subject to certain representations and warranties. This guarantee exists at the inception of the loans and throughout the lives of the loans and was not entered into separately and apart from the loans. ASC 326 requires credit enhancements that mitigate credit losses, such as the U.S. government guarantee on PPP loans, to be considered in estimating credit losses. The guarantee is considered “embedded” and, therefore, is considered when estimating credit loss on the PPP loans. Given that the loans are fully guaranteed by the U.S. government and absent any specific loss information on any of our PPP loans, the Company does not carry an ACL on its PPP loans at December 31, 2020. Loan Commitments and Allowance for Credit Losses on Off-Balance Sheet Credit Exposures Financial instruments include off-balance sheet credit instruments, such as commitments to make loans, commitments to purchase broadly syndicated loans, and commercial letters of credit, issued to meet customer financing needs. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for off-balance sheet loan commitments is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded.
Federal Home Loan Bank ("FHLB") Stock	Federal Home Loan Bank (“FHLB”) Stock The Company is a member of the FHLB system. Members of the FHLB are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, is restricted as to redemption, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income.
Premises and Equipment	Premises and Equipment Land is carried at cost. Depreciable assets are stated at cost less accumulated depreciation. Leasehold improvements are capitalized and depreciated using the straight-line method over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Buildings and related components are generally depreciated using the straight-line method with useful lives ranging from thirty three The Company leases certain properties and equipment under operating leases. For leases in effect upon adoption of Accounting Standards Update 2016-2, “Leases (Topic 842)” at January 1, 2019 and for any leases commencing thereafter, the Company recognizes a liability to make lease payments, the “lease liability”, and an asset representing the right to use the underlying asset during the lease term, the “right-of-use asset”. The lease liability is measured at the present value of the remaining lease payments, discounted at the Company’s incremental borrowing rate. The right-of-use asset is measured at the amount of the lease liability adjusted for the remaining balance of any lease incentives received, any cumulative prepaid or accrued rent if the lease payments are uneven throughout the lease term, any unamortized initial direct costs, and any impairment of the right-of-use-asset. Operating lease expense consists of a single lease cost calculated so that the remaining cost of the lease is allocated over the remaining lease term on a straight-line basis, variable lease payments not included in the lease liability, and any impairment of the right-of-use asset. Certain of the Company’s leases contain options to renew the lease; however, these renewal options are not included in the calculation of the lease liabilities as they are not reasonably certain to be exercised. The Company’s leases do not contain residual value guarantees or material variable lease payments. The Company does not have any material restrictions or covenants imposed by leases that would impact the Company’s ability to pay dividends or cause the Company to incur additional financial obligations. The Company has made an accounting policy election to not apply the recognition requirements in Topic 842 to short-term leases. The Company has also elected to use the practical expedient to make an accounting policy election for property leases to include both lease and nonlease components as a single component and account for it as a lease. The Company’s leases are not complex; therefore there were no significant assumptions or judgements made in applying the requirements of Topic 842, including the determination of whether the contracts contained a lease, the allocation of consideration in the contracts between lease and nonlease components, and the determination of the discount rates for the leases.
Foreclosed Assets	Foreclosed Assets Assets acquired through loan foreclosure are initially recorded at fair value less costs to sell, establishing a new cost basis. Any write-down in the carrying value of a property at the time of acquisition is charged-off to the allowance for loan and lease losses. After foreclosure, foreclosed assets are carried at the lower of the recorded investment in the asset or the fair value less costs to sell. If fair value declines subsequent to foreclosure, a valuation allowance is recorded through expense. Operating costs after acquisition are expensed.
Goodwill	Goodwill Goodwill represents the excess of the cost of businesses acquired over the fair value of the net assets acquired. In accordance with ASC 350-20, "Intangibles- Goodwill and Other", the Company evaluates goodwill for impairment on an annual basis or on an interim basis if an event occurs or circumstances change that would more likely than not reduce the fair value below its carrying amount, in accordance with ASC 350-20. The Company’s annual goodwill impairment testing date is October 1. The Company first assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining the need to perform the test for goodwill impairment (the qualitative method). If the qualitative method cannot be used or if it determines, based on the qualitative method, that the fair value is more likely than not less than the carrying amount, the Company compares the estimated fair value of a reporting unit with its carrying amount, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired. If the carrying amount of a reporting unit exceeds its estimated fair value, the Company will record an impairment charge based on that difference. Our annual goodwill impairment test did not identify any goodwill impairment for the years ended December 31, 2020, 2019, and 2018.
Identifiable Intangible Assets	Identifiable Intangible Assets Intangible assets are acquired assets that lack physical substance but can be distinguished from goodwill because of contractual or other legal rights or because the asset is capable of being sold or exchanged either on its own or in combination with a related contract, asset, or liability. The Company's intangible assets primarily relate to core deposits and customer relationships. Intangible assets with definite useful lives are amortized on an accelerated basis over their estimated life. Intangible assets, premises and equipment and other long-lived assets are tested for impairment whenever events or changes in circumstances indicate the carrying amount of the assets may not be recoverable from future undiscounted cash flows. If impaired, the assets are recorded at fair value with a charge to amortization of intangible assets.
Bank Owned Life Insurance	Bank Owned Life Insurance The Company has purchased life insurance policies on certain key employees. The purchase of these life insurance policies allows the Company to use tax-advantaged rates of return. Bank-owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement.
Derivative Financial Instruments	Derivative Financial Instruments The Company records all derivatives on the balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. At December 31, 2020, the Company had one cash flow hedge position and no fair value or foreign currency hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. Unrealized gains or losses are reported as other comprehensive income or loss. To qualify for the use of hedge accounting, a derivative must be effective at inception and expected to be continuously effective in offsetting the risk being hedged. A statistical regression analysis is performed at inception and at each reporting period thereafter to evaluate hedge effectiveness. In accordance with the FASB’s fair value measurement guidance, the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. The Company is exposed to certain risk arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s interest-bearing deposits. The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Beginning in 2020, such derivatives were used to hedge the variable cash flows associated with interest-bearing deposits.
Income Taxes	Income Taxes The Company files a consolidated tax return with its subsidiaries and is taxed as a C corporation. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets and liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company recognizes interest and penalties related to income tax matters in income tax expense.
Fair Values of Financial Instruments	Fair Values of Financial Instruments In general, fair values of financial instruments are based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that may use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and/or the Company’s creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. Changes in assumptions or in market conditions could significantly affect these estimates. In the ordinary course of business, the Company generally does not sell or transfer non-impaired loans and deposits. As such, the disclosures that present the December 31, 2020 and 2019 estimated fair value for non-impaired loans and deposits are judgmental and may not represent amounts to be received if the Company were to sell or transfer such items.
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“Topic 606”). Under Topic 606, the Company must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the Company satisfies a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. The Company’s primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of Topic 606. The Company has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income was not necessary. The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, the Company has made no significant judgments in applying the revenue guidance prescribed in ASC 606 that affect the determination of the amount and timing of revenue from contracts with customers.
Operating Segments	Operating Segments The Company’s reportable segments are comprised of strategic business units primarily based upon industry categories and to a lesser extent, the core competencies relating to product origination, distribution methods, operations and servicing. Segment determination also considered organizational structure and our segment reporting is consistent with the presentation of financial information to the chief operating decision maker to evaluate segment performance, develop strategy, and allocate resources. Our chief operating decision maker is the Chief Executive Officer of Triumph Bancorp, Inc. We have determined our reportable segments are Banking, Factoring, and Corporate. The banking segment includes the operations of TBK Bank and TriumphPay. The banking segment derives its revenue principally from investments in interest-earning assets as well as noninterest income typical for the banking industry. The banking segment also includes commercial factoring services which are originated through the commercial finance division of TBK Bank. The factoring segment includes the operations of TBC with revenue derived from factoring services. The corporate segment includes holding company financing and investment activities and management and administrative expenses to support the overall operations of the Company.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of net income and other comprehensive income (loss). Other comprehensive income includes unrealized gains and losses on debt securities available for sale and cash flow hedges, net of taxes, which are also recognized as a separate component of equity.
Loss Contingencies	Loss Contingencies Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe such matters exist that will have a material effect on the financial statements.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be relinquished when (i) the assets have been isolated from the Company, (ii) the transferee has the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (iii) the Company does not maintain effective control over the transferred assets through either (a) an agreement that entitles and obligates the Company to repurchase or redeem them before their maturity or (b) the ability to unilaterally cause the transferee to return specific assets.
Stock-Based Compensation	Stock Based Compensation Compensation cost is recognized for stock based payment awards issued to employees and directors, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, a Monte Carlo simulation is utilized to estimate the fair value of market based performance stock units, and the market price of the Company’s common stock at the date of grant is used for restricted stock awards, restricted stock units, and performance based performance stock units. Compensation cost is recognized over the required service period, generally defined as the vesting period. The Company recognizes forfeitures of nonvested awards as they occur.
Earnings Per Common Share	Earnings Per Common Share Basic earnings per common share is net income less dividends on preferred stock divided by the weighted average number of common shares outstanding during the period excluding nonvested restricted stock awards. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock warrants, restricted stock, stock options, and preferred shares that are convertible to common shares.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred.
Adoption of New Accounting Standards	Adoption of New Accounting Standards In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 makes significant changes to the accounting for credit losses on financial instruments presented on an amortized cost basis and disclosures about them. The new current expected credit loss (“CECL”) impairment model requires an estimate of expected credit losses, measured over the contractual life of an instrument, which considers reasonable and supportable forecasts of future economic conditions in addition to information about past events and current conditions. The standard provides significant flexibility and requires a high degree of judgment with regards to pooling financial assets with similar risk characteristics and adjusting the relevant historical loss information in order to develop an estimate of expected lifetime losses. ASU 2016-13 permits the use of estimation techniques that are practical and relevant to the Company’s circumstances, as long as they are applied consistently over time and faithfully estimate expected credit losses in accordance with the standard. The ASU lists several common credit loss methods that are acceptable such as a discounted cash flow (“DCF”) method, loss-rate method and roll-rate method. In addition, ASU 2016-13 amends the accounting for credit losses on debt securities and purchased financial assets with credit deterioration. The Company adopted ASU 2016-13 on January 1, 2020 using the modified retrospective approach. Results for the periods beginning after January 1, 2020 are presented under Accounting Standards Codification (“ASC”) 326 while prior period amounts continue to be reported in accordance with previously applicable US GAAP. The Company recorded a net reduction of retained earnings of $1,770,000 upon adoption. The transition adjustment includes an increase in the allowance for credit losses on loans of $269,000, an increase in the allowance for credit losses on held to maturity debt securities of $126,000, and an increase in the allowance for credit losses on off-balance sheet credit exposures of $1,918,000, net of the corresponding increases in deferred tax assets of $543,000. The Company adopted ASU 2016-13 using the prospective transition approach for financial assets purchased with credit deterioration (“PCD”) that were previously classified as purchased credit impaired (“PCI”) and accounted for under ASC 310-30. In accordance with the standard, the Company did not reassess whether PCI assets met the criteria of PCD assets as of the date of adoption. The remaining discount on the PCD assets was determined to be related to noncredit factors and will be accreted into interest income on a level-yield method over the life of the loans. In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”). ASU 2017-04 simplifies the accounting for goodwill impairment for all entities by requiring impairment charges to be based on the first step in the previous two-step impairment test. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, an entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. The standard eliminates the prior requirement to calculate a goodwill impairment charge using Step 2, which requires an entity to calculate any impairment charge by comparing the implied fair value of goodwill with its carrying amount. ASU 2017-04 was effective for the Company on January 1, 2020 and did not have a material impact on the Company’s financial statements. In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820) - Changes to the Disclosure Requirements for Fair Value Measurement” (“ASU 2018-13”). ASU 2018-13 modifies the disclosure requirements on fair value measurements by requiring that Level 3 fair value disclosures include the range and weighted average of significant unobservable inputs used to develop those fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. ASU 2018-13 was effective for the Company on January 1, 2020 and did not have a material impact on the Company’s financial statement disclosures. In August 2018, the FASB issued ASU 2018-15, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40) - Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract” (“ASU 2018-15”). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by these amendments. ASU 2018-15 was effective for the Company on January 1, 2020 and did not have a material impact on the Company’s financial statements. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law. Section 4013 of the CARES Act, “Temporary Relief From Troubled Debt Restructurings,” provides banks the option to temporarily suspend certain requirements under U.S. GAAP related to troubled debt restructurings (“TDR”) for a limited period of time to account for the effects of COVID-19. To qualify for Section 4013 of the CARES Act, borrowers must have been current at December 31, 2019. All modifications are eligible so long as they are executed between March 1, 2020 and the earlier of (i) December 31, 2020, or (ii) the 60th day after the end of the COVID-19 national emergency declared by the President of the U.S. Multiple modifications of the same credits are allowed and there is no cap on the duration of the modification. On December 21, 2020, certain provisions of the CARES Act, including the temporary suspension of certain requirements related to TDRs, were extended through December 31, 2021. See Note 4 of the footnotes to the consolidated financial statements for disclosure of the impact to date. In March 2020, various regulatory agencies, including the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, (“the agencies”) issued an interagency statement on loan modifications and reporting for financial institutions working with customers affected by the Coronavirus. The interagency statement was effective immediately and impacted accounting for loan modifications. Under Accounting Standards Codification 310-40, “Receivables – Troubled Debt Restructurings by Creditors,” (“ASC 310-40”), a restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor, for economic or legal reasons related to the debtor’s financial difficulties, grands a concession to the debtor that it would not otherwise consider. The agencies confirmed with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief, are not to be considered TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. Almost all of the Company’s modifications fall under Section 4013 of the CARES Act and thus, the interagency statement has had very little impact on the Company to date.

Business Combinations and Div_2

Business Combinations and Divestitures (Tables)	12 Months Ended
Business Combinations and Divestitures (Tables)	Dec. 31, 2020
Business Combinations [Abstract]
Summary of Fair Values of the Identifiable Assets Acquired and Liabilities Assumed	A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Assets acquired: Factored receivables $107,524 Allowance for credit losses (37,415) Factored receivables, net of ACL 70,109 Intangible assets 3,500 Indemnification asset 30,959 Deferred income taxes 1,448 106,016 Liabilities assumed: Deposits 5,361 5,361 Fair value of net assets acquired 100,655 Consideration: Cash paid 108,375 Stock consideration 13,942 Receivable due from seller subsequent to liquidation of stock consideration (17,196) Total consideration 105,121 Goodwill $4,466 A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) FBD SCC Total Assets acquired: Cash and cash equivalents $ 151,973 $ 14,299 $ 166,272 Securities 237,183 33,477 270,660 Loans held for sale 1,238 — 1,238 Loans 256,384 31,454 287,838 FHLB stock 786 129 915 Premises and equipment 7,495 840 8,335 Other real estate owned 213 — 213 Intangible assets 11,915 2,154 14,069 Other assets 2,715 403 3,118 669,902 82,756 752,658 Liabilities assumed: Deposits 601,194 73,464 674,658 Federal Home Loan Bank advances 737 — 737 Other liabilities 1,313 64 1,377 603,244 73,528 676,772 Fair value of net assets acquired 66,658 9,228 75,886 Cash consideration transferred 134,667 13,294 147,961 Goodwill $ 68,009 $ 4,066 $ 72,075 A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Assets acquired: Cash and cash equivalents $ 75 Factored receivables 131,017 Premises and equipment 279 Intangible assets 13,920 Other assets 144 145,435 Liabilities assumed: Deposits 7,389 Other liabilities 763 8,152 Fair value of net assets acquired 137,283 Consideration: Cash paid 160,258 Contingent consideration 20,000 Total consideration 180,258 Goodwill $ 42,975
Summary of Factored Receivables, Purchased with Credit Deterioration	The following table presents information at the acquisition date for factored receivables purchased for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination: (Dollars in thousands) Purchase price of loans at acquisition $25,147 Allowance for credit losses at acquisition 37,415 Non-credit discount/(premium) at acquisition 941 Par value of acquired loans at acquisition $63,503
Summary of Carrying Amount of Assets in Disposal Group and Gain on Sale	A summary of the carrying amount of the assets in the Disposal Group and the gain on sale is as follows: (Dollars in thousands) Carrying amount of assets in the disposal group: Loans $ 84,504 Premises and equipment, net 45 Other assets 11 84,560 Carrying amount of liabilities in the disposal group: Other liabilities 479 Total carrying amount $ 84,081 Total consideration received 94,531 Gain on sale of division 10,450 Transaction costs 692 Gain on sale of division, net of transaction costs $ 9,758 A summary of the carrying amount of the assets in the Disposal Group and the gain on sale is as follows: (Dollars in thousands) Carrying amount of assets in the disposal group: Loans $ 70,147 Premises and equipment, net 19 Goodwill 1,457 Intangible assets, net 958 Other assets 197 Total carrying amount 72,778 Total consideration received 74,017 Gain on sale of division 1,239 Transaction costs 168 Gain on sale of division, net of transaction costs $ 1,071
Summary of Acquired Loans	The following table presents details of the estimated fair value of acquired loans at the acquisition date: Loans Excluding PCI Loans PCI Loans Total Loans (Dollars in thousands) FBD SCC Total FBD SCC Total Commercial real estate $ 140,955 $ 11,894 $ 152,849 $ 832 $ 200 $ 1,032 $ 153,881 Construction, land development, land 13,949 5,229 19,178 3,081 — 3,081 22,259 1-4 family residential properties 59,228 10,180 69,408 75 — 75 69,483 Farmland 5,709 1,207 6,916 — — — 6,916 Commercial 26,125 2,121 28,246 1,020 — 1,020 29,266 Factored receivables — — — — — — — Consumer 5,410 623 6,033 — — — 6,033 Mortgage warehouse — — — — — — — $ 251,376 $ 31,254 $ 282,630 $ 5,008 $ 200 $ 5,208 $ 287,838
Schedule of Loans Acquired in Business Combination	The following presents information at the acquisition date for non-PCI loans acquired in the transactions: (Dollars in thousands) FBD SCC Total Contractually required principal and interest payments $ 318,674 $ 38,590 $ 357,264 Contractual cash flows not expected to be collected $ 4,255 $ 550 $ 4,805 Fair value at acquisition $ 251,376 $ 31,254 $ 282,630 The following presents information at the acquisition date for PCI loans acquired in the transactions: (Dollars in thousands) FBD SCC Total Contractually required principal and interest payments $ 10,511 $ 269 $ 10,780 Contractual cash flows not expected to be collected (nonaccretable difference) 2,570 5 2,575 Expected cash flows at acquisition 7,941 264 8,205 Interest component of expected cash flows (accretable yield) 2,933 64 2,997 Fair value of loans acquired with deterioration of credit quality $ 5,008 $ 200 $ 5,208
Schedule of Supplemental Pro Forma Information on Acquisition	The following table presents unaudited supplemental pro forma information for the years ended December 31, 2018 and 2017 as if the FBD and SCC acquisitions had occurred at the beginning of 2017. The supplemental pro forma information includes adjustments for interest income on loans acquired, depreciation expense on property acquired, amortization of intangibles arising from the transactions, and the related income tax effects. Additionally, because FBD and SCC were Subchapter S corporations before the acquisitions and did not incur any federal income tax liabilities, adjustments have been included to estimate the impact of federal income taxes on FBD and SCC’s net income for the periods presented. The supplemental pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transactions been completed on the assumed date. Year Ended December 31, 2018 (Dollars in thousands) FBD SCC Total Net interest income $ 241,322 $ 228,797 $ 243,069 Noninterest income $ 26,473 $ 23,412 $ 26,915 Net income $ 52,269 $ 51,541 $ 52,102 Basic earnings per common share $ 2.00 $ 2.05 $ 1.99 Diluted earnings per common share $ 1.97 $ 2.01 $ 1.96 Year Ended December 31, 2017 (Dollars in thousands) FBD SCC Total Net interest income $ 176,154 $ 158,166 $ 178,636 Noninterest income $ 45,570 $ 41,166 $ 46,080 Net income $ 39,211 $ 36,475 $ 39,466 Basic earnings per common share $ 1.68 $ 1.83 $ 1.66 Diluted earnings per common share $ 1.65 $ 1.79 $ 1.63

Securities (Tables)

Securities (Tables)	12 Months Ended
Securities (Tables)	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Schedule of Gross Realized and Unrealized Gains (Losses) Recognized on Equity Securities	The gross realized and unrealized gains (losses) recognized on equity securities with readily determinable fair values in noninterest income in the Company’s consolidated statements of income were as follows: (Dollars in thousands) 2020 2019 Unrealized gains (losses) on equity securities still held at the reporting date $ 389 $ 393 Realized gains (losses) on equity securities sold during the period — — $ 389 $ 393
Schedule of Amortized Cost of Securities and Their Estimated Fair Values	Debt securities have been classified in the financial statements as available for sale or held to maturity. The following table summarizes the amortized cost, fair value, and allowance for credit losses of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held to maturity securities (Dollars in thousands) Amortized Gross Gross Allowance for Credit Losses Fair December 31, 2020 Available for sale securities: U.S. Government agency obligations $ 14,942 $ 146 $ — $ — $ 15,088 Mortgage-backed securities, residential 26,547 1,139 (2) — 27,684 Asset-backed securities 7,091 — (52) — 7,039 State and municipal 36,238 1,157 — — 37,395 CLO Securities 118,128 4,335 (259) — 122,204 Corporate bonds 11,373 205 (5) — 11,573 SBA pooled securities 3,200 133 (6) — 3,327 Total available for sale securities $ 217,519 $ 7,115 $ (324) $ — $ 224,310 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2020 Held to maturity securities: CLO securities $ 7,945 $ — $ (2,095) $ 5,850 Allowance for credit losses (2,026) Total held to maturity securities, net of ACL $ 5,919 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2019 Available for sale securities: U.S. Government agency obligations $ 39,679 $ 115 $ (34) $ 39,760 U.S. Treasury notes 37,324 728 (36) 38,016 Mortgage-backed securities, residential 8,039 — (80) 7,959 Asset-backed securities 31,746 327 (8) 32,065 State and municipal 75,592 39 (358) 75,273 Corporate bonds 50,889 695 (1) 51,583 SBA pooled securities 4,112 53 (1) 4,164 Total available for sale securities $ 247,381 $ 1,957 $ (518) $ 248,820 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2019 Held to maturity securities: CLO securities $ 8,417 $ — $ (1,510) $ 6,907
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	The amortized cost and estimated fair value of debt securities at December 31, 2020, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Securities Held to Maturity Securities (Dollars in thousands) Amortized Fair Amortized Fair Due in one year or less $ 26,603 $ 26,873 $ — $ — Due from one year to five years 12,119 12,394 — — Due from five years to ten years 23,434 24,944 7,945 5,850 Due after ten years 118,525 122,049 — — 180,681 186,260 7,945 5,850 Mortgage-backed securities, residential 26,547 27,684 — — Asset-backed securities 7,091 7,039 — — SBA pooled securities 3,200 3,327 — — $ 217,519 $ 224,310 $ 7,945 $ 5,850
Schedule of Proceeds from Sales of Debt Securities and the Associated Gross Gains and Losses	Proceeds from sales of debt securities and the associated gross gains and losses are as follows: (Dollars in thousands) 2020 2019 2018 Proceeds $ 70,198 $ 40,617 $ 123,016 Gross gains 3,233 133 3 Gross losses (140) (125) (273) Net gains and losses from calls of securities 133 53 (2)
Schedule of Information Pertaining to Debt Securities with Gross Unrealized Losses	The following table summarizes available for sale debt securities in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that individual securities have been in a continuous loss position: Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2020 Available for sale securities: U.S. Government agency obligations $ — $ — $ — $ — $ — $ — Mortgage-backed securities, residential 100 (1) 215 (1) 315 (2) Asset-backed securities 129 — 6,911 (52) 7,040 (52) State and municipal — — — — — — CLO Securities 12,083 (93) 29,785 (166) 41,868 (259) Corporate bonds 498 (5) 150 — 648 (5) SBA pooled securities 889 (6) 29 — 918 (6) Total available for sale securities $ 13,699 $ (105) $ 37,090 $ (219) $ 50,789 $ (324) Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2019 Available for sale securities: U.S. Government agency obligations $ — $ — $ 12,331 $ (34) $ 12,331 $ (34) Mortgage-backed securities, residential 3,549 (29) 777 (7) 4,326 (36) Asset-backed securities 2,986 (36) 4,973 (44) 7,959 (80) State and municipal 562 — 3,426 (8) 3,988 (8) CLO Securities 58,160 (358) — — 58,160 (358) Corporate bonds — — 149 (1) 149 (1) SBA pooled securities 354 — 9 (1) 363 (1) Total available for sale securities $ 65,611 $ (423) $ 21,665 $ (95) $ 87,276 $ (518)
Summary of Activity in Allowance for Credit Losses for Held To Maturity Debt Securities	The following table presents the activity in the allowance for credit losses for held to maturity debt securities: (Dollars in thousands) Year Ended December 31, Held to Maturity CLO Securities 2020 2019 2018 Allowance for credit losses: Beginning balance $ — $ — $ — Impact of adopting ASC 326 126 — — Credit loss expense 1,900 — — Allowance for credit losses ending balance $ 2,026 $ — $ —

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	12 Months Ended
Loans and Allowance for Credit Losses (Tables)	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Loans Held for Sale	The following table presents loans held for sale: (Dollars in thousands) December 31, 2020 December 31, 2019 1-4 family residential $ 6,319 $ 2,735 Commercial 18,227 — Total loans held for sale $ 24,546 $ 2,735
Schedule of Recorded Investment and Unpaid Principal	The following table presents the amortized cost and unpaid principal for loans held for investment: December 31, 2020 December 31, 2019 (Dollars in thousands) Amortized Cost Unpaid Difference Amortized Cost Unpaid Difference Commercial real estate $ 779,158 $ 782,614 $ (3,456) $ 1,046,961 $ 1,051,684 $ (4,723) Construction, land development, land 219,647 220,021 (374) 160,569 162,335 (1,766) 1-4 family residential properties 157,147 157,731 (584) 179,425 180,340 (915) Farmland 103,685 104,522 (837) 154,975 156,995 (2,020) Commercial 1,562,957 1,579,841 (16,884) 1,342,683 1,346,444 (3,761) Factored receivables 1,120,770 1,122,008 (1,238) 619,986 621,697 (1,711) Consumer 15,838 15,863 (25) 21,925 21,994 (69) Mortgage warehouse 1,037,574 1,037,574 — 667,988 667,988 — Total 4,996,776 $ 5,020,174 $ (23,398) 4,194,512 $ 4,209,477 $ (14,965) Allowance for credit losses (95,739) (29,092) $ 4,901,037 $ 4,165,420
Summary of Allowance for Loan and Lease Losses	The activity in the allowance for credit losses (“ACL”) related to loans held for investment is as follows: (Dollars in thousands) Beginning Impact of Adopting ASC 326 Initial ACL on Loans Purchased with Credit Deterioration Credit Loss Expense Charge-offs Recoveries Reclassification Ending Year ended December 31, 2020 Commercial real estate $ 5,353 $ 1,372 $ — $ 3,607 $ (320) $ 170 $ — $ 10,182 Construction, land development, land 1,382 (187) — 2,005 (23) 241 — 3,418 1-4 family residential properties 308 513 — 378 (27) 53 — 1,225 Farmland 670 437 — (355) — 80 — 832 Commercial 12,566 (184) — 11,336 (2,344) 1,115 (449) 22,040 Factored receivables 7,657 (1,630) 37,415 16,079 (3,201) 143 — 56,463 Consumer 488 (52) — 562 (573) 117 — 542 Mortgage warehouse 668 — — 369 — — — 1,037 $ 29,092 $ 269 $ 37,415 $ 33,981 $ (6,488) $ 1,919 $ (449) $ 95,739 (Dollars in thousands) Beginning Provision Charge-offs Recoveries Ending Year ended December 31, 2019 Commercial real estate $ 4,493 $ 1,163 $ (304) $ 1 $ 5,353 Construction, land development, land 1,134 234 (78) 92 1,382 1-4 family residential properties 317 71 (141) 61 308 Farmland 535 400 (265) — 670 Commercial 12,865 2,580 (3,326) 447 12,566 Factored receivables 7,299 2,556 (2,494) 296 7,657 Consumer 615 583 (876) 166 488 Mortgage warehouse 313 355 — — 668 $ 27,571 $ 7,942 $ (7,484) $ 1,063 $ 29,092 (Dollars in thousands) Beginning Provision Charge-offs Recoveries Ending Year ended December 31, 2018 Commercial real estate $ 3,435 $ 1,044 $ (90) $ 104 $ 4,493 Construction, land development, land 883 293 (59) 17 1,134 1-4 family residential properties 293 23 (17) 18 317 Farmland 310 425 (200) — 535 Commercial 8,150 10,052 (5,855) 518 12,865 Factored receivables 4,597 3,857 (1,224) 69 7,299 Consumer 783 457 (989) 364 615 Mortgage warehouse 297 16 — — 313 $ 18,748 $ 16,167 $ (8,434) $ 1,090 $ 27,571
Individual And Collective Allowance For Credit Losses On Financing Receivables And Loan Balances	The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans: (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL December 31, 2020 Commercial real estate $ 12,454 $ — $ — $ 162 $ 12,616 $ 1,334 Construction, land development, land 2,317 — — — 2,317 271 1-4 family residential 1,948 — — 248 2,196 34 Farmland 2,189 — 143 198 2,530 — Commercial 1,813 — 5,842 9,352 17,007 5,163 Factored receivables — 92,437 — — 92,437 51,371 Consumer — — — 253 253 37 Mortgage warehouse — — — — — — Total $ 20,721 $ 92,437 $ 5,985 $ 10,213 $ 129,356 $ 58,210
Summary of Individual and Collective Allowance for Loan Losses and Loan Balances by Class	(Dollars in thousands) Loan Evaluation ALLL Allocations December 31, 2019 Individually Collectively PCI Total loans Individually Collectively PCI Total ALLL Commercial real estate $ 7,455 $ 1,030,439 $ 9,067 $ 1,046,961 $ 344 $ 5,009 $ — $ 5,353 Construction, land development, land 2,138 155,985 2,446 160,569 271 1,111 — 1,382 1-4 family residential properties 1,728 177,189 508 179,425 33 275 — 308 Farmland 6,638 148,233 104 154,975 — 670 — 670 Commercial 15,618 1,326,515 550 1,342,683 1,278 11,284 4 12,566 Factored receivables 15,947 604,039 — 619,986 3,178 4,479 — 7,657 Consumer 327 21,598 — 21,925 9 479 — 488 Mortgage warehouse — 667,988 — 667,988 — 668 — 668 $ 49,851 $ 4,131,986 $ 12,675 $ 4,194,512 $ 5,113 $ 23,975 $ 4 $ 29,092 The following table presents information pertaining to impaired loans as of December 31, 2019, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13: Impaired Loans and PCI Impaired Loans Impaired Loans (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid December 31, 2019 Commercial real estate $ 878 $ 907 $ 344 $ 6,577 $ 6,643 Construction, land development, land 935 935 271 1,203 1,305 1-4 family residential properties 35 22 33 1,693 1,799 Farmland — — — 6,638 6,819 Commercial 6,032 6,053 1,278 9,586 9,751 Factored receivables 15,940 15,940 3,178 7 7 Consumer 17 16 9 310 311 Mortgage warehouse — — — — — PCI 71 55 4 — — $ 23,908 $ 23,928 $ 5,117 $ 26,014 $ 26,635
Summary of Information Pertaining to Impaired Loans	The following table presents average impaired loans, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13, and interest recognized on such loans, for the years ended December 31, 2019 and 2018: Years Ended December 31, 2019 December 31, 2018 (Dollars in thousands) Average Interest Average Interest Commercial real estate $ 7,276 $ 117 $ 4,055 $ 86 Construction, land development, land 1,114 35 113 — 1-4 family residential properties 2,031 47 2,486 77 Farmland 7,031 107 5,612 197 Commercial 16,386 605 21,885 870 Factored receivables 11,353 — 5,742 — Consumer 341 7 369 14 Mortgage warehouse — — — — PCI 71 — 35 — $ 45,603 $ 918 $ 40,297 $ 1,244
Summary of Contractually Past Due and Nonaccrual Loans	The following tables present an aging of contractually past due loans: (Dollars in thousands) Past Due Past Due Past Due 90 Total Past Due Current Total Past Due 90 December 31, 2020 Commercial real estate $ 1,512 $ 147 $ 7,623 $ 9,282 $ 769,876 $ 779,158 $ — Construction, land development, land 185 1,001 323 1,509 218,138 219,647 22 1-4 family residential properties 1,978 448 952 3,378 153,769 157,147 — Farmland 407 1,000 300 1,707 101,978 103,685 — Commercial 2,084 1,765 5,770 9,619 1,553,338 1,562,957 35 Factored receivables 33,377 28,506 72,717 134,600 986,170 1,120,770 72,717 Consumer 385 116 81 582 15,256 15,838 — Mortgage warehouse — — — — 1,037,574 1,037,574 — $ 39,928 $ 32,983 $ 87,766 $ 160,677 $ 4,836,099 $ 4,996,776 $ 72,774 (Dollars in thousands) Past Due Past Due Past Due 90 Total Past Due Current Total Past Due 90 December 31, 2019 Commercial real estate $ 1,752 $ 1,328 $ 1,759 $ 4,839 $ 1,042,122 $ 1,046,961 $ — Construction, land development, land 1,785 842 361 2,988 157,581 160,569 — 1-4 family residential properties 1,396 723 554 2,673 176,752 179,425 — Farmland 52 132 2,376 2,560 152,415 154,975 — Commercial 4,444 4,154 9,555 18,153 1,324,530 1,342,683 — Factored receivables 29,118 7,182 4,226 40,526 579,460 619,986 4,226 Consumer 508 429 183 1,120 20,805 21,925 — Mortgage warehouse — — — — 667,988 667,988 — $ 39,055 $ 14,790 $ 19,014 $ 72,859 $ 4,121,653 $ 4,194,512 $ 4,226
Summary of Amortized Cost Basis of Loans on Nonaccrual Status	The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses: December 31, 2020 December 31, 2019 (Dollars in thousands) Nonaccrual Nonaccrual Nonaccrual Nonaccrual Commercial real estate $ 9,945 $ 3,461 $ 7,501 $ 6,623 Construction, land development, land 2,294 1,199 3,922 2,987 1-4 family residential 1,848 1,651 1,730 1,694 Farmland 2,531 2,531 6,494 6,494 Commercial 17,202 4,891 16,080 9,977 Factored receivables — — — — Consumer 253 188 327 310 Mortgage warehouse — — — — $ 34,073 $ 13,921 $ 36,054 $ 28,085
Schedule of Accrued Interest on Non Accrual Loans Reversed Through Interest Income	The following table presents accrued interest on nonaccrual loans reversed through interest income: December 31, (Dollars in thousands) 2020 2019 2018 Commercial real estate $ 438 $ 58 $ 73 Construction, land development, land 1 44 1 1-4 family residential 32 12 4 Farmland 39 27 65 Commercial 86 32 142 Factored receivables — — — Consumer 2 3 5 Mortgage warehouse — — — $ 598 $ 176 $ 290
Schedule of Nonperforming Loans	The following table presents information regarding nonperforming loans: (Dollars in thousands) December 31, 2020 December 31, 2019 Nonaccrual loans (1) $ 34,073 $ 36,054 Factored receivables greater than 90 days past due 13,927 4,226 Other nonperforming factored receivables (2) 10,029 — Troubled debt restructurings accruing interest 3 333 $ 58,032 $ 40,613 (1) Includes troubled debt restructurings of $13,321,000 and $4,888,000 at December 31, 2020 and 2019, respectively. (2) Other nonperforming factored receivables represent the portion of the Over-Formula Advance Portfolio that is not covered by Covenant's indemnification. This amount is also considered Classified from a risk rating perspective.
Summary of Risk Category of Loans	As of December 31, 2020 and 2019, based on the most recent analysis performed, the risk category of loans is as follows: Revolving Revolving Total (Dollars in thousands) December 31, 2020 2020 2019 2018 2017 2016 Prior Commercial real estate Pass $ 271,406 $ 94,085 $ 62,075 $ 49,115 $ 27,921 $ 230,731 $ 27,666 $ 908 $ 763,907 Classified 10,298 2,239 133 1,367 664 550 — — 15,251 Total commercial real estate $ 281,704 $ 96,324 $ 62,208 $ 50,482 $ 28,585 $ 231,281 $ 27,666 $ 908 $ 779,158 Construction, land development, land Pass $ 72,149 $ 12,490 $ 11,829 $ 5,820 $ 8,946 $ 105,584 $ 12 $ 500 $ 217,330 Classified 2,031 34 — — — 252 — — 2,317 Total construction, land development, land $ 74,180 $ 12,524 $ 11,829 $ 5,820 $ 8,946 $ 105,836 $ 12 $ 500 $ 219,647 1-4 family residential Pass $ 58,300 $ 11,280 $ 11,425 $ 8,982 $ 4,400 $ 20,167 $ 35,326 $ 5,320 $ 155,200 Classified 1,473 149 137 23 11 49 105 — 1,947 Total 1-4 family residential $ 59,773 $ 11,429 $ 11,562 $ 9,005 $ 4,411 $ 20,216 $ 35,431 $ 5,320 $ 157,147 Farmland Pass $ 37,212 $ 10,095 $ 7,388 $ 15,262 $ 7,908 $ 20,572 $ 1,421 $ 486 $ 100,344 Classified 994 407 403 — 22 590 925 — 3,341 Total farmland $ 38,206 $ 10,502 $ 7,791 $ 15,262 $ 7,930 $ 21,162 $ 2,346 $ 486 $ 103,685 Commercial Pass $ 470,477 $ 162,203 $ 127,569 $ 94,154 $ 70,405 $ 181,312 $ 416,197 $ 11,396 $ 1,533,713 Classified 8,128 2,390 983 190 4,470 2,787 10,296 — 29,244 Total commercial $ 478,605 $ 164,593 $ 128,552 $ 94,344 $ 74,875 $ 184,099 $ 426,493 $ 11,396 $ 1,562,957 Factored receivables Pass $ 1,081,316 $ — $ — $ — $ — $ — $ — $ — $ 1,081,316 Classified 39,454 — — — — — — — 39,454 Total factored receivables $ 1,120,770 $ — $ — $ — $ — $ — $ — $ — $ 1,120,770 Consumer Pass $ 8,382 $ 2,251 $ 1,336 $ 1,258 $ 688 $ 1,594 $ 74 $ — $ 15,583 Classified 146 28 18 36 11 16 — — 255 Total consumer $ 8,528 $ 2,279 $ 1,354 $ 1,294 $ 699 $ 1,610 $ 74 $ — $ 15,838 Mortgage warehouse Pass $ 1,037,574 $ — $ — $ — $ — $ — $ — $ — $ 1,037,574 Classified — — — — — — — — — Total mortgage warehouse $ 1,037,574 $ — $ — $ — $ — $ — $ — $ — $ 1,037,574 Total loans Pass $ 3,036,816 $ 292,404 $ 221,622 $ 174,591 $ 120,268 $ 559,960 $ 480,696 $ 18,610 $ 4,904,967 Classified 62,524 5,247 1,674 1,616 5,178 4,244 11,326 — 91,809 Total loans $ 3,099,340 $ 297,651 $ 223,296 $ 176,207 $ 125,446 $ 564,204 $ 492,022 $ 18,610 $ 4,996,776 (Dollars in thousands) Pass Classified PCI Total December 31, 2019 Commercial real estate $ 1,030,358 $ 7,536 $ 9,067 $ 1,046,961 Construction, land development, land 155,985 2,138 2,446 160,569 1-4 family residential 177,177 1,740 508 179,425 Farmland 144,777 10,094 104 154,975 Commercial 1,313,042 29,091 550 1,342,683 Factored receivables 604,774 15,212 — 619,986 Consumer 21,594 331 — 21,925 Mortgage warehouse 667,988 — — 667,988 $ 4,115,695 $ 66,142 $ 12,675 $ 4,194,512
Schedule of Loans Modified as Troubled Debt Restructurings	The following table presents the pre- and post-modification recorded investment of loans modified as troubled debt restructurings during the years ended December 31, 2020, 2019, and 2018. The Company did not grant principal reductions on any restructured loans. (Dollars in thousands) Extended Payment AB Note Extended Total Number of December 31, 2020 Commercial real estate $ — $ 727 $ — $ — $ 727 3 Construction, land development, land 8 981 — — 989 2 1-4 family residential properties — 171 — — 171 1 Farmland 3,486 — — — 3,486 1 Commercial 4,714 9,877 — — 14,591 22 $ 8,208 $ 11,756 $ — $ — $ 19,964 29 December 31, 2019 Commercial real estate $ — $ — $ 4,597 $ — $ 4,597 1 1-4 family residential properties — 38 — — 38 2 Commercial 1,762 115 — 593 2,470 11 $ 1,762 $ 153 $ 4,597 $ 593 $ 7,105 14 December 31, 2018 Commercial real estate $ — $ 589 $ — $ — $ 589 2 1-4 family residential properties 103 — — — 103 2 Farmland 263 — — — 263 1 Commercial 875 — — — 875 10 $ 1,241 $ 589 $ — $ — $ 1,830 15
Summary of Amortized Cost of Loans Currently in Deferral	The following table summarized the amortized cost of loans with payments currently in deferral and the accrued interest related to the loans with payments currently in deferral at December 31, 2020: (Dollars in thousands) Total Balance of Percentage Accrued December 31, 2020 Commercial real estate $ 779,158 $ 69,980 9 % $ 357 Construction, land development, land 219,647 18,821 9 % 183 1-4 family residential 157,147 1,129 1 % 15 Farmland 103,685 — — % — Commercial 1,562,957 14,561 1 % 166 Factored receivables 1,120,770 — — % — Consumer 15,838 106 1 % 5 Mortgage warehouse 1,037,574 — — % — Total $ 4,996,776 $ 104,597 2 % $ 726
Schedule of Outstanding Contractually Required Principal and Interest and Carrying Amount of PCI Loans Receivable	The following table summarizes information pertaining to loans that were identified as purchased credit impaired prior to the adoption of ASU 2016-13: (Dollars in thousands) December 31, Contractually required principal and interest: Real estate loans $ 14,015 Commercial loans 677 Outstanding contractually required principal and interest $ 14,692 Gross carrying amount included in loans receivable $ 12,675
Schedule of Changes in Accretable Yield for the PCI Loans	The changes in accretable yield in regard to loans transferred at acquisition for which it was probable that all contractually required payments would not be collected are as follows: Years Ended December 31, (Dollars in thousands) 2019 2018 Accretable yield, beginning balance $ 5,711 $ 2,793 Additions — 2,997 Accretion (3,835) (1,430) Reclassification from nonaccretable to accretable yield 257 1,351 Disposals (814) — Accretable yield, ending balance $ 1,319 $ 5,711

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
Other Real Estate Owned (Tables)	Dec. 31, 2020
Other Real Estate [Abstract]
Summary of Other Real Estate Owned Activity	Other real estate owned activity was as follows: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Beginning balance $ 3,009 $ 2,060 $ 9,191 Acquired through business acquisition — — 213 Loans transferred to OREO 1,150 3,360 514 Premises transferred to OREO — — 1,139 Net OREO gains (losses) and valuation adjustments (616) 351 (514) Sales of OREO (2,111) (2,762) (8,483) Ending balance $ 1,432 $ 3,009 $ 2,060

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
Premises and Equipment (Tables)	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	Premises and equipment consisted of the following: (Dollars in thousands) December 31, December 31, Land $ 12,992 $ 13,139 Buildings 51,377 50,525 Leasehold improvements 25,203 21,842 Automobiles and aircraft 15,542 6,060 Furniture, fixtures and equipment 29,204 25,989 134,318 117,555 Accumulated depreciation (30,914) (20,960) $ 103,404 $ 96,595
Schedule of Lease Cost	Lease costs were as follows: Year Ended December 31, (Dollars in thousands) 2020 2019 Operating lease cost $ 5,290 $ 4,377 Short-term lease cost — — Variable lease cost 422 333 Total lease cost $ 5,712 $ 4,710
Schedule of Total Operating Lease Liability	A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (Dollars in thousands) December 31, 2020 Lease payments due: Within one year $ 3,885 After one but within two years 3,810 After two but within three years 3,274 After three but within four years 3,046 After four but within five years 2,925 After five years 4,241 Total undiscounted cash flows 21,181 Discount on cash flows (2,033) Total lease liability $ 19,148

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Goodwill and intangible assets consist of the following: (Dollars in thousands) December 31, December 31, Goodwill $ 163,209 $ 158,743 December 31, 2020 December 31, 2019 (Dollars in thousands) Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Core deposit intangibles $ 43,578 $ (27,436) $ 16,142 $ 43,578 $ (22,258) $ 21,320 Other intangible assets 19,200 (8,629) 10,571 15,700 (5,477) 10,223 $ 62,778 $ (36,065) $ 26,713 $ 59,278 $ (27,735) $ 31,543
Schedule of Changes in Goodwill and Intangible Assets by Operating Segment	The changes in goodwill and intangible assets by operating segment during the year are as follows: (Dollars in thousands) December 31, 2020 Banking Factoring Corporate Total Beginning balance $ 129,272 $ 61,014 $ — $ 190,286 Acquired goodwill — 4,466 — 4,466 Acquired intangibles — 3,500 — 3,500 Amortization of intangibles (5,390) (2,940) — (8,330) Ending balance $ 123,882 $ 66,040 $ — $ 189,922 (Dollars in thousands) December 31, 2019 Banking Factoring Corporate Total Beginning balance $ 135,477 $ 63,940 $ — $ 199,417 Amortization of intangibles (6,205) (2,926) — (9,131) Ending balance $ 129,272 $ 61,014 $ — $ 190,286 (Dollars in thousands) December 31, 2018 Banking Factoring Corporate Total Beginning balance $ 54,910 $ 8,868 $ — $ 63,778 Acquired goodwill 72,075 42,975 — 115,050 Acquired intangibles 14,069 13,933 — 28,002 Amortization of intangibles (5,144) (1,836) — (6,980) Divestiture of intangibles (433) — — (433) Ending balance $ 135,477 $ 63,940 $ — $ 199,417
Schedule of Future Amortization Schedule for the Company's Intangible Assets	The future amortization schedule for the Company’s intangible assets is as follows: (Dollars in thousands) 2021 $ 7,399 2022 6,054 2023 4,771 2024 3,605 2025 2,472 Thereafter 2,412 $ 26,713

Equity Method Investments (Tabl

Equity Method Investments (Tables)	12 Months Ended
Equity Method Investments (Tables)	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The following table presents the Company’s investment in WSI, allocated to the purchased common stock and the purchased warrants: (Dollars in thousands) December 31, December 31, Common stock $ 5,037 $ 4,813 Warrants 3,224 3,224 Total investment $ 8,261 $ 8,037

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	12 Months Ended
Variable Interest Entities (Tables)	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The Company holds investments in the subordinated notes of the following closed Collateralized loan Obligation ("CLO") funds: (Dollars in thousands) Offering Offering Trinitas CLO IV, LTD (Trinitas IV) June 2, 2016 $ 406,650 Trinitas CLO V, LTD (Trinitas V) September 22, 2016 $ 409,000 Trinitas CLO VI, LTD (Trinitas VI) June 20, 2017 $ 717,100

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
Derivative Financial Instruments (Tables)	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2020. There were no such derivatives outstanding at December 31, 2019. Derivative Assets As of December 31, 2020 (Dollars in thousands) Notional Balance Fair Value Derivatives designated as hedging instruments: Interest rate swaps $ 200,000 Other Assets $ 816
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)	The table below presents the effect of fair value and cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax: (Dollars in thousands) Amount of Amount of Location of Amount of Amount of Year Ended December 31, 2020 Derivatives in cash flow hedging relationships: Interest rate swaps $ 623 $ 623 Interest Expense $ 26 $ 26

Deposits (Tables)

Deposits (Tables)	12 Months Ended
Deposits (Tables)	Dec. 31, 2020
Deposits [Abstract]
Summary of Deposits	Deposits are summarized as follows: (Dollars in thousands) December 31, 2020 December 31, 2019 Noninterest-bearing demand $ 1,352,785 $ 809,696 Interest-bearing demand 688,680 580,323 Individual retirement accounts 92,584 104,472 Money market 393,325 497,105 Savings 421,488 363,270 Certificates of deposit 790,844 1,084,425 Brokered time deposits 516,786 350,615 Other brokered deposits 460,108 — Total deposits $ 4,716,600 $ 3,789,906
Scheduled Maturities of Time Deposits, Including Certificates of Deposits, Individual Retirement Accounts and Brokered Deposits	At December 31, 2020, scheduled maturities of time deposits, including certificates of deposits, individual retirement accounts and brokered time deposits, are as follows: (Dollars in thousands) December 31, 2020 Within one year $ 1,258,609 After one but within two years 117,535 After two but within three years 15,462 After three but within four years 8,608 After four but within five years — Total $ 1,400,214

Borrowings and Borrowing Capa_2

Borrowings and Borrowing Capacity (Tables)	12 Months Ended
Borrowings and Borrowing Capacity (Tables)	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Customer Repurchase Agreements	Information concerning customer repurchase agreements is summarized as follows: (Dollars in thousands) December 31, December 31, Amount outstanding at end of the year $ 3,099 $ 2,033 Weighted average interest rate at end of the year 0.03 % 0.03 % Average daily balance during the year $ 6,716 $ 7,823 Weighted average interest rate during the year 0.03 % 0.02 % Maximum month-end balance during the year $ 14,192 $ 14,463 Customer repurchase agreements are secured by pledged securities with carrying amounts as follows: (Dollars in thousands) December 31, December 31, Asset-backed securities $ 4,987 $ — U.S. Government agency obligations — 2,997 $ 4,987 $ 2,997
Schedule of FHLB Advances and Weighted Average Interest Rates by Contractual Maturity	FHLB Advances FHLB advances are collateralized by assets, including a blanket pledge of certain loans. FHLB advances and weighted average interest rates at end of period by contractual maturity are summarized as follows: Fixed Rate Variable Rate (Dollars in thousands) Balance Outstanding Weighted Average Interest Rate Balance Outstanding Weighted Average Interest Rate 2021 $ 75,000 0.10 % $ — — 2027 — — 30,000 0.33 % $ 75,000 0.10 % $ 30,000 0.33 %
Schedule of Information Concerning FHLB Advances	Information concerning FHLB advances is summarized as follows: (Dollars in thousands) December 31, December 31, Amount outstanding at end of the year $ 105,000 $ 430,000 Weighted average interest rate at end of the year 0.17 % 1.58 % Average daily balance during the year $ 342,264 $ 369,548 Weighted average interest rate during the year 0.58 % 2.32 % Maximum month-end balance during the year $ 850,000 $ 530,000
Schedule of FHLB Advances	The Company’s unused borrowing capacity with the FHLB is as follows: (Dollars in thousands) December 31, December 31, Borrowing capacity $ 1,351,542 $ 1,300,985 Borrowings outstanding 105,000 430,000 Unused borrowing capacity $ 1,246,542 $ 870,985
Schedule of Information Concerning Paycheck Protection Program Borrowings	Information concerning borrowings under the PPPLF is summarized as follows for the year ended December 31, 2020: (Dollars in thousands) December 31, Amount outstanding at end of period $ 191,860 Weighted average interest rate at end of period 0.35 % Average amount outstanding during the period 143,608 Weighted average interest rate during the period 0.35 % Highest month end balance during the period 223,809
Paycheck Protection Program Maturities	At December 31, 2020, scheduled maturities of PPPLF borrowings are as follows: (Dollars in thousands) December 31, Within one year $ — After one but within two years 191,860 Total $ 191,860
Summary of Junior Subordinated Debentures	The following provides a summary of the Company’s junior subordinated debentures: (Dollars in thousands) Face Value Carrying Value Maturity Date Variable Interest Rate At December 31, 2020 National Bancshares Capital Trust II $ 15,464 $ 13,220 September 2033 LIBOR + 3.00% 3.22% National Bancshares Capital Trust III 17,526 12,975 July 2036 LIBOR + 1.64% 1.88% ColoEast Capital Trust I 5,155 3,611 September 2035 LIBOR + 1.60% 1.84% ColoEast Capital Trust II 6,700 4,703 March 2037 LIBOR + 1.79% 2.03% Valley Bancorp Statutory Trust I 3,093 2,879 September 2032 LIBOR + 3.40% 3.65% Valley Bancorp Statutory Trust II 3,093 2,684 July 2034 LIBOR + 2.75% 2.98% $ 51,031 $ 40,072

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Summary of Income Tax Expense	Income tax expense consisted of the following: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Income tax expense: Current $ 22,766 $ 12,971 $ 14,091 Deferred (2,080) 3,908 708 Change in valuation allowance for deferred tax asset — 23 (7) Income tax expense $ 20,686 $ 16,902 $ 14,792
Summary of Effective Income Tax Rate Reconciliation	Effective tax rates differ from federal statutory rates applied to income before income taxes due to the following: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Tax provision computed at federal statutory rate $ 17,789 $ 15,844 $ 13,965 Effect of: State taxes, net 2,919 1,704 1,716 Bank-owned life insurance (121) (114) (141) Tax exempt interest (250) (442) (436) Change in valuation allowance for deferred tax asset — 23 (7) Other 349 (113) (305) Income tax expense $ 20,686 $ 16,902 $ 14,792
Significant Components of Deferred Tax Assets and Liabilities	Deferred income taxes reflect the net tax effects of temporary differences between the recorded amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows: (Dollars in thousands) 2020 2019 Deferred tax assets Federal net operating loss carryforwards $ 4,067 $ 5,034 State net operating loss carryforwards 459 552 Acquired loan basis (184) 450 Other real estate owned 64 44 AMT credit carryforward — 714 Allowance for loan losses 24,317 6,828 Accrued liabilities 2,675 1,744 Lease liability 4,598 4,994 Other 2,181 1,925 Total deferred tax assets 38,177 22,285 Deferred tax liabilities Goodwill and intangible assets 2,452 2,143 Fair value adjustment on junior subordinated debentures 2,449 2,564 Premises and equipment 10,767 6,142 Installment gain on sale of subsidiary 1,049 1,816 Lease right-of-use asset 4,172 4,815 Unrealized gain on securities available for sale 1,601 339 Derivative financial instruments 193 — Indemnification asset 8,575 — Other 214 376 Total deferred tax liabilities 31,472 18,195 Net deferred tax asset before valuation allowance 6,705 4,090 Valuation allowance (278) (278) Net deferred tax asset $ 6,427 $ 3,812

Off-Balance Sheet Loan Commit_2

Off-Balance Sheet Loan Commitments (Tables)	12 Months Ended
Off-Balance Sheet Loan Commitments (Tables)	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary of Financial Instruments with Off-Balance Sheet Risk	The contractual amounts of financial instruments with off-balance sheet risk were as follows: December 31, 2020 December 31, 2019 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Unused lines of credit $ 43,406 $ 547,430 $ 590,836 $ 49,057 $ 444,028 $ 493,085 Standby letters of credit $ 5,464 $ 8,429 $ 13,893 $ 3,017 $ 3,781 $ 6,798 Commitments to purchase loans $ — $ 66,373 $ 66,373 $ — $ 22,004 $ 22,004 Mortgage warehouse commitments $ — $ 417,722 $ 417,722 $ — $ 340,502 $ 340,502

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
Fair Value Disclosures (Tables)	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Assets Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized in the table below. (Dollars in thousands) Fair Value Measurements Using Total December 31, 2020 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale U.S. Government agency obligations $ — $ 15,088 $ — $ 15,088 Mortgage-backed securities, residential — 27,684 — 27,684 Asset-backed securities — 7,039 — 7,039 State and municipal — 37,395 — 37,395 CLO Securities — 122,204 — 122,204 Corporate bonds — 11,573 — 11,573 SBA pooled securities — 3,327 — 3,327 $ — $ 224,310 $ — $ 224,310 Equity securities Mutual fund $ 5,826 $ — $ — $ 5,826 Loans held for sale $ — $ 24,546 $ — $ 24,546 Indemnification asset $ — $ — $ 36,225 $ 36,225 Derivative financial instruments (cash flow hedges) Interest rate swap $ — $ 816 $ — $ 816 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2019 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale U.S. Government agency obligations $ — $ 39,760 $ — $ 39,760 Mortgage-backed securities, residential — 38,016 — 38,016 Asset-backed securities — 7,959 — 7,959 State and municipal — 32,065 — 32,065 CLO Securities — 75,273 — 75,273 Corporate bonds — 51,583 — 51,583 SBA pooled securities — 4,164 — 4,164 $ — $ 248,820 $ — $ 248,820 Equity securities Mutual fund $ 5,437 $ — $ — $ 5,437 Loans held for sale $ — $ 2,735 $ — $ 2,735 Liabilities measured at fair value on a recurring basis ICC Contingent consideration $ — $ — $ 21,622 $ 21,622
Business Combination, Indemnification Asset	A reconciliation of the opening balance to the closing balance of the fair value of the indemnification asset is as follows: (Dollars in thousands) 2020 2019 2018 Beginning balance $ — $ — $ — Indemnification asset recognized in business combination 30,959 — — Change in fair value of indemnification asset recognized in earnings 5,266 — — Ending balance $ 36,225 $ — $ —
Reconciliation of Opening Balance to Closing Balance of Fair Value of Contingent Consideration	A reconciliation of the opening balance to the closing balance of the fair value of the contingent consideration is as follows: (Dollars in thousands) 2020 2019 2018 Beginning balance $ 21,622 $ 20,745 $ — Contingent consideration recognized in business combination — — 20,000 Change in fair value of contingent consideration recognized in earnings 378 877 745 Consideration settlement payments (22,000) — — Ending balance $ — $ 21,622 $ 20,745
Fair Value of Assets Measured on Non-recurring Basis	Assets measured at fair value on a non-recurring basis are summarized in the table below. There were no liabilities measured at fair value on a non-recurring basis at December 31, 2020 and 2019. (Dollars in thousands) Fair Value Measurements Using Total December 31, 2020 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 5,107 $ 5,107 Construction, land development, land — — 824 824 1-4 family residential properties — — — — Commercial — — 2,355 2,355 Factored receivables — — 41,065 41,065 Consumer — — 3 3 Other real estate owned (1) : Commercial real estate — — 273 273 1-4 family residential properties — — 114 114 Farmland — — 209 209 $ — $ — $ 49,950 $ 49,950 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2019 Level 1 Level 2 Level 3 Impaired loans Commercial real estate $ — $ — $ 534 $ 534 Construction, land development, land — — 664 664 1-4 family residential properties — — 2 2 Commercial — — 4,754 4,754 Factored receivables — — 12,762 12,762 Consumer — — 8 8 PCI — — 67 67 Other real estate owned (1) : Commercial real estate — — 388 388 1-4 family residential properties — — 89 89 $ — $ — $ 19,268 $ 19,268 (1) Represents the fair value of OREO that was adjusted subsequent to its initial classification as OREO.
Estimated Fair Value of Company's Financial Assets and Financial Liabilities	The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis were as follows: December 31, 2020 Carrying Fair Value Measurements Using Total (Dollars in thousands) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 314,393 $ 314,393 $ — $ — $ 314,393 Securities - held to maturity 5,919 — — 5,850 5,850 Loans not previously presented, gross 4,953,399 195,739 — 4,783,143 4,978,882 FHLB and other restricted stock 6,751 N/A N/A N/A N/A Accrued interest receivable 19,435 19,435 — — 19,435 Financial liabilities: Deposits 4,716,600 — 4,719,625 — 4,719,625 Customer repurchase agreements 3,099 — 3,099 — 3,099 Federal Home Loan Bank advances 105,000 — 105,000 — 105,000 Paycheck Protection Program Liquidity Facility 191,860 — 191,860 — 191,860 Subordinated notes 87,509 — 89,413 — 89,413 Junior subordinated debentures 40,072 — 40,379 — 40,379 Accrued interest payable 4,270 4,270 — — 4,270 December 31, 2019 Carrying Fair Value Measurements Using Total (Dollars in thousands) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 197,880 $ 197,880 $ — $ — $ 197,880 Securities - held to maturity 8,417 — — 6,907 6,907 Loans not previously presented, gross 4,170,604 83,454 — 4,086,597 4,170,051 FHLB and other restricted stock 19,860 N/A N/A N/A N/A Accrued interest receivable 20,322 20,322 — — 20,322 Financial liabilities: Deposits 3,789,906 — 3,793,603 — 3,793,603 Customer repurchase agreements 2,033 — 2,033 — 2,033 Federal Home Loan Bank advances 430,000 — 430,000 — 430,000 Subordinated notes 87,327 — 93,877 — 93,877 Junior subordinated debentures 39,566 — 40,700 — 40,700 Accrued interest payable 9,367 9,367 — — 9,367

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	12 Months Ended
Related-Party Transactions (Tables)	Dec. 31, 2020
Related Party Transactions [Abstract]
Schedule of Loans to Principal Officers, Directors, and their Affiliates	In the ordinary course of business, we have granted loans to executive officers, directors, and their affiliates were as follows: Years Ended December 31, (Dollars in thousands) 2020 2019 Beginning balance $ 39,651 $ 39,520 New loans and advances 500 952 Repayments and sales (786) (821) Effect of changes in composition of related parties (35,473) — Ending balance $ 3,892 $ 39,651

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
Regulatory Matters (Tables)	Dec. 31, 2020
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The actual capital amounts and ratios for the Company and TBK Bank are presented in the following table: Actual Minimum for Capital To Be Well (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $715,142 13.0% $440,087 8.0% N/A N/A TBK Bank, SSB $653,359 12.1% $431,973 8.0% $539,966 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $581,580 10.6% $329,196 6.0% N/A N/A TBK Bank, SSB $608,737 11.3% $323,223 6.0% $430,964 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $496,508 9.0% $248,254 4.5% N/A N/A TBK Bank, SSB $608,737 11.3% $242,417 4.5% $350,158 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $581,580 10.8% $215,400 4.0% N/A N/A TBK Bank, SSB $608,737 11.3% $215,482 4.0% $269,353 5.0% As of December 31, 2019 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $604,832 12.8% $378,020 8.0% N/A N/A TBK Bank, SSB $555,213 12.0% $370,142 8.0% $462,678 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $487,775 10.3% $284,141 6.0% N/A N/A TBK Bank, SSB $525,490 11.4% $276,574 6.0% $368,765 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $448,209 9.5% $212,310 4.5% N/A N/A TBK Bank, SSB $525,490 11.4% $207,430 4.5% $299,621 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $487,775 10.0% $195,110 4.0% N/A N/A TBK Bank, SSB $525,490 10.9% $192,840 4.0% $241,050 5.0%

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
Stockholders' Equity (Tables)	Dec. 31, 2020
Equity [Abstract]
Summary of Capital Structure	The following summarizes the Company’s capital structure. Preferred Stock Series C (Dollars in thousands, except per share amounts) December 31, 2020 Shares authorized 51,750 Shares issued 45,000 Shares outstanding 45,000 Par value per share $ 0.01 Liquidation preference per share $ 1,000 Liquidation preference amount $ 45,000 Dividend rate 7.125 % Dividend payment dates Quarterly Common Stock December 31, (Dollars in thousands, except per share amounts) 2020 2019 Shares authorized 50,000,000 50,000,000 Shares issued 27,951,721 27,163,642 Treasury shares 3,083,503 2,198,681 Shares outstanding 24,868,218 24,964,961 Par value per share $ 0.01 $ 0.01

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
Stock Based Compensation (Tables)	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Summary of Changes in Company's Nonvested Restricted Stock Awards	A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested RSAs Shares Weighted Average Nonvested at January 1, 2020 148,349 $ 31.86 Granted 138,417 26.54 Vested (75,163) 29.64 Forfeited (6,067) 29.44 Nonvested at December 31, 2020 205,536 $ 29.17
Summary of Changes in Company's Nonvested Restricted Stock Units	A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested RSUs Shares Weighted Average Nonvested at January 1, 2020 55,228 $ 38.75 Granted 38,801 26.25 Vested — — Forfeited (4,316) 38.75 Nonvested at December 31, 2020 89,713 $ 33.34
Summary of Changes in Company's Nonvested Performance Stock Units	A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested Market Based PSUs Shares Weighted Average Nonvested at January 1, 2020 67,707 $ 37.71 Granted 22,220 29.93 Vested — — Forfeited (4,316) 38.57 Nonvested at December 31, 2020 85,611 $ 35.65 A summary of changes in the Company’s nonvested Performance Based Performance Stock Units (“Performance Based PSUs”) under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Nonvested Performance Based PSUs Shares Weighted Average Nonvested at January 1, 2020 254,000 $ 38.02 Granted 10,125 26.25 Vested — — Forfeited (7,500) 38.02 Nonvested at December 31, 2020 256,625 $ 37.56
Schedule of Fair Value of Market Based Performance Stock Units, Weighted Average Assumptions	The fair value of the Market Based PSUs granted was determined using the following weighted average assumptions: Year Ended December 31, 2020 2019 Grant date May 1, 2020 May 1, 2019 Performance period 3.00 Years 3.00 years Stock price $ 26.25 $ 30.82 Triumph stock price volatility 43.02 % 28.29 % Risk-free rate 0.25 % 2.25 %
Summary of Changes in Company's Stock Options	A summary of changes in the Company’s stock options under the Omnibus Incentive Plan for the year ended December 31, 2020 were as follows: Stock Options Shares Weighted Average Weighted Average Aggregate Outstanding at January 1, 2020 225,055 $ 24.10 Granted 32,937 24.66 Exercised (29,121) 16.02 Forfeited (443) 38.75 Expired (442) 38.75 Outstanding at December 31, 2020 227,986 $ 25.16 6.89 $ 5,332 Fully vested shares and shares expected to vest at December 31, 2020 227,986 $ 25.16 6.89 $ 5,332 Shares exercisable at December 31, 2020 145,253 $ 22.49 6.18 $ 3,785
Schedule of Information Related to Stock Options	Information related to the stock options for the years ended December 31, 2020, 2019 and 2018 was as follows: Year Ended December 31, (Dollars in thousands, except per share amounts) 2020 2019 2018 Aggregate intrinsic value of options exercised $ 940 $ 155 $ 59 Cash received from option exercises $ — $ — $ — Tax benefit realized from option exercises $ 197 $ 33 $ 12 Weighted average fair value of options granted (per share) $ 8.85 $ 10.03 $ 13.22 Fair value of vested awards $ 471 $ 465 $ 313
Fair Value of Stock Options Granted Weighted-Average Assumptions	The fair value of the stock options granted was determined using the following weighted average assumptions: 2020 2019 2018 Risk-free interest rate 0.46 % 2.33 % 2.85 % Expected term 6.25 years 6.25 years 6.25 years Expected stock price volatility 33.83 % 27.46 % 28.07 % Dividend yield — — —

Parent Company Only Condensed_2

Parent Company Only Condensed Financial Information (Tables)	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
Condensed Parent Company Only Balance Sheets	Condensed Parent Company Only Balance Sheets: (Dollars in thousands) December 31, December 31, ASSETS Cash and cash equivalents $ 51,183 $ 35,914 Securities - held to maturity 5,919 8,417 Loans — 719 Investment in bank subsidiary 793,938 713,348 Investment in non-bank subsidiaries 4,592 5,542 Other assets 866 1,174 Total assets $ 856,498 $ 765,114 LIABILITIES AND EQUITY Subordinated notes $ 87,509 $ 87,327 Junior subordinated debentures 40,072 39,566 Intercompany payables 178 318 Accrued expenses and other liabilities 1,958 1,313 Total liabilities 129,717 128,524 Stockholders' equity 726,781 636,590 Total liabilities and equity $ 856,498 $ 765,114
Condensed Parent Company Only Statements of Income	Condensed Parent Company Only Statements of Income: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Interest income $ 270 $ 1,163 $ 2,014 Interest expense (7,477) (6,464) (6,092) Credit loss expense (1,899) 83 8 Other income (20) (187) 5 Salaries and employee benefits expense (606) (613) (523) Other expense (2,376) (2,069) (3,710) Income (loss) before income tax and income from subsidiaries (12,108) (8,087) (8,298) Income tax (expense) benefit 2,631 193 1,049 Dividends from subsidiaries and equity in undistributed subsidiary income 73,501 66,438 58,957 Net income 64,024 58,544 51,708 Dividends on preferred stock (1,701) — (578) Net income available to common stockholders $ 62,323 $ 58,544 $ 51,130 Comprehensive income attributable to Parent $ 68,071 $ 60,853 $ 51,101
Condensed Parent Company Only Statements of Cash Flows	Condensed Parent Company Only Statements of Cash Flows: Years Ended December 31, (Dollars in thousands) 2020 2019 2018 Cash flows from operating activities: Net income $ 64,024 $ 58,544 $ 51,708 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in undistributed subsidiary income (58,501) (35,938) (58,957) Net accretion of securities (221) (923) (983) Amortization of junior subordinated debentures 506 483 460 Amortization of subordinated notes issuance costs 182 116 101 Stock based compensation 315 315 320 Credit loss expense 1,900 — — Change in other assets 337 2,438 1,273 Change in accrued expenses and other liabilities 505 (4,771) (6,458) Net cash provided by (used in) operating activities 9,047 20,264 (12,536) Cash flows from investing activities: Investment in subsidiaries 146 — (59,038) Proceeds from maturities, calls, and pay downs of securities held to maturity 693 993 1,053 Net change in loans 719 9,193 1,134 Cash used in acquisition of subsidiaries, net — — (137,806) Net cash provided by (used in) investing activities 1,558 10,186 (194,657) Cash flows from financing activities: Proceeds from issuance of subordinated notes, net — 38,282 — Issuance of common stock, net of issuance costs — — 192,053 Issuance of preferred stock, net of issuance costs 42,364 — — Dividends on preferred stock (1,701) — (578) Purchase of treasury stock (35,772) (64,524) (398) Stock option exercises (227) — (4) Net cash provided by (used in) financing activities 4,664 (26,242) 191,073 Net increase (decrease) in cash and cash equivalents 15,269 4,208 (16,120) Cash and cash equivalents at beginning of period 35,914 31,706 47,826 Cash and cash equivalents at end of period $ 51,183 $ 35,914 $ 31,706

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2020
Earnings Per Share [Abstract]
Factors Used in Computation of Earnings Per Share	The factors used in the earnings per share computation follow: Year Ended December 31, (Dollars in thousands) 2020 2019 2018 Basic Net income to common stockholders $ 62,323 $ 58,544 $ 51,130 Weighted average common shares outstanding 24,387,932 25,941,395 24,791,448 Basic earnings per common share $ 2.56 $ 2.26 $ 2.06 Diluted Net income to common stockholders $ 62,323 $ 58,544 $ 51,130 Dilutive effect of preferred stock — — 578 Net income to common stockholders - diluted $ 62,323 $ 58,544 $ 51,708 Weighted average common shares outstanding 24,387,932 25,941,395 24,791,448 Dilutive effects of: Assumed conversion of Preferred A — — 258,674 Assumed conversion of Preferred B — — 290,375 Assumed exercises of stock options 64,104 63,808 84,126 Restricted stock awards 86,498 47,242 52,851 Restricted stock units 25,978 3,441 3,039 Performance stock units - market based 51,304 4,119 — Performance stock units - performance based — — — Average shares and dilutive potential common shares 24,615,816 26,060,005 25,480,513 Diluted earnings per common share $ 2.53 $ 2.25 $ 2.03
Schedule of Shares not Considered in Computing Diluted Earnings per Common Share	Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows: Years Ended December 31, 2020 2019 2018 Assumed conversion of Preferred A — — — Assumed conversion of Preferred B — — — Stock options 64,947 66,019 51,952 Restricted stock awards — — — Restricted stock units — — — Performance stock units - market based — 55,228 59,658 Performance stock units - performance based 256,625 254,000 —

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
Business Segment Information (Tables)	Dec. 31, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	(Dollars in thousands) Year Ended December 31, 2020 Banking Factoring Corporate Consolidated Total interest income $ 212,452 $ 109,391 $ 272 $ 322,115 Intersegment interest allocations 12,371 (12,371) — — Total interest expense 29,911 — 7,476 37,387 Net interest income (expense) 194,912 97,020 (7,204) 284,728 Credit loss expense 20,389 16,042 1,898 38,329 Net interest income (expense) after credit loss expense 174,523 80,978 (9,102) 246,399 Gain on sale of subsidiary or division 9,758 — — 9,758 Other noninterest income 29,503 21,010 114 50,627 Noninterest expense 163,995 54,011 4,068 222,074 Operating income (loss) $ 49,789 $ 47,977 $ (13,056) $ 84,710 (Dollars in thousands) Year Ended December 31, 2019 Banking Factoring Corporate Consolidated Total interest income $ 211,742 $ 98,247 $ 1,164 $ 311,153 Intersegment interest allocations 11,294 (11,294) — — Total interest expense 48,786 — 6,464 55,250 Net interest income (expense) 174,250 86,953 (5,300) 255,903 Credit loss expense 5,533 2,486 (77) 7,942 Net interest income (expense) after credit loss expense 168,717 84,467 (5,223) 247,961 Noninterest income 26,875 4,727 (33) 31,569 Noninterest expense 148,620 51,780 3,684 204,084 Operating income (loss) $ 46,972 $ 37,414 $ (8,940) $ 75,446 (Dollars in thousands) Year Ended December 31, 2018 Banking Factoring Corporate Consolidated Total interest income $ 170,871 $ 90,092 $ 2,013 $ 262,976 Intersegment interest allocations 20,191 (20,191) — — Total interest expense 29,834 — 6,092 35,926 Net interest income (expense) 161,228 69,901 (4,079) 227,050 Credit loss expense 12,373 3,802 (8) 16,167 Net interest income (expense) after credit loss expense 148,855 66,099 (4,071) 210,883 Gain on sale of subsidiary or division 1,071 — — 1,071 Other noninterest income 18,364 3,483 52 21,899 Noninterest expense 119,283 43,495 4,575 167,353 Operating income (loss) $ 49,007 $ 26,087 $ (8,594) $ 66,500 (Dollars in thousands) December 31, 2020 Banking Factoring Corporate Eliminations Consolidated Total assets $ 5,907,373 $ 1,121,704 $ 861,967 $ (1,955,253) $ 5,935,791 Gross loans held for investment $ 4,872,494 $ 1,036,369 $ 800 $ (912,887) $ 4,996,776 (Dollars in thousands) December 31, 2019 Banking Factoring Corporate Eliminations Consolidated Total assets $ 4,976,009 $ 662,002 $ 771,048 $ (1,348,762) $ 5,060,297 Gross loans held for investment $ 4,108,735 $ 573,372 $ 1,519 $ (489,114) $ 4,194,512

Quarterly Financial Data (Una_2

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
Quarterly Financial Data (Unaudited) (Tables)	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	The following presents quarterly financial data for the years ended December 31, 2020 and 2019. Year Ended December 31, 2020 (Dollars in thousands) Fourth Third Second First Interest income $ 89,939 $ 82,364 $ 74,398 $ 75,414 Interest expense 6,341 7,985 10,147 12,914 Net interest income 83,598 74,379 64,251 62,500 Credit loss expense 4,680 (258) 13,609 20,298 Net interest income after credit loss expense 78,918 74,637 50,642 42,202 Gain on sale of subsidiary or division — — 9,758 — Other noninterest income 22,386 10,493 10,271 7,477 Noninterest income 22,386 10,493 20,029 7,477 Noninterest expense 59,298 55,297 52,726 54,753 Net income before income taxes 42,006 29,833 17,945 (5,074) Income tax expense 9,876 6,929 4,505 (624) Net income 32,130 22,904 13,440 (4,450) Dividends on preferred stock (802) (899) — — Net income available to common stockholders $ 31,328 $ 22,005 $ 13,440 $ (4,450) Earnings per common share Basic $ 1.27 $ 0.89 $ 0.56 $ (0.18) Diluted $ 1.25 $ 0.89 $ 0.56 $ (0.18) Year Ended December 31, 2019 (Dollars in thousands) Fourth Third Second First Interest income $ 81,171 $ 79,415 $ 77,303 $ 73,264 Interest expense 14,763 14,650 13,884 11,953 Net interest income 66,408 64,765 63,419 61,311 Credit loss expense 382 2,865 3,681 1,014 Net interest income after credit loss expense 66,026 61,900 59,738 60,297 Noninterest income 8,666 7,742 7,623 7,538 Noninterest expense 52,661 52,153 50,704 48,566 Net income before income taxes 22,031 17,489 16,657 19,269 Income tax expense 5,322 3,172 3,927 4,481 Net income 16,709 14,317 12,730 14,788 Dividends on preferred stock — — — — Net income available to common stockholders $ 16,709 $ 14,317 $ 12,730 $ 14,788 Earnings per common share Basic $ 0.67 $ 0.56 $ 0.48 $ 0.55 Diluted $ 0.66 $ 0.56 $ 0.48 $ 0.55

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details)	12 Months Ended
	Dec. 31, 2020USD ($)investmentderivativeInstumentdeferralloanReceivable	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Summary Of Significant Accounting Policies [Line Items]
Accrued interest income and fees on outstanding deferrals	$ 726,000
Number of loans with deferral \| deferral	59,000
Payment deferral modification, amount	$ 104,597,000
Financing receivable, before allowance for credit loss	4,996,776,000	$ 4,194,512,000
Loans, including fees	198,214,000	195,648,000	$ 160,723,000
Amortized cost, gross	7,945,000
Credit loss expense	1,900,000	0	0
Accrued interest reversed	$ 0	0
Number of days within which accrual of interest income discontinues	90 days
Period of consumer loans charged off	120 days
Interest income not recognized until loan balance reduced, amount	$ 0
Useful life of assets	60 months
Change in national retail sales forecast period	1 year
Change in national home price index forecast period	1 year
Change in national gross domestic product forecast period	1 year
Stockholders' equity	$ (726,781,000)	(636,590,000)	(636,607,000)	$ (391,698,000)
Allowance for credit loss	95,739,000	29,092,000
Required allowance for credit loss	2,026,000	0	0	0
Deferred tax assets	38,177,000	22,285,000
Retained Earnings
Summary Of Significant Accounting Policies [Line Items]
Stockholders' equity	$ (289,583,000)	(229,030,000)	(170,486,000)	(119,356,000)
Cumulative Effect, Period of Adoption, Adjustment
Summary Of Significant Accounting Policies [Line Items]
Stockholders' equity		1,770,000
Allowance for credit loss		269,000
Required allowance for credit loss		126,000	$ 0	$ 0
Credit loss, liability		1,918,000
Deferred tax assets		543,000
Cumulative Effect, Period of Adoption, Adjustment \| Retained Earnings
Summary Of Significant Accounting Policies [Line Items]
Stockholders' equity		$ 1,770,000
Cash Flow Hedging
Summary Of Significant Accounting Policies [Line Items]
Number of instruments held \| derivativeInstument	1
Fair Value Hedging
Summary Of Significant Accounting Policies [Line Items]
Number of instruments held \| derivativeInstument	0
Automobiles
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	5 years
Aircraft
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	20 years
CLO Securities
Summary Of Significant Accounting Policies [Line Items]
Amortized cost, gross	$ 7,945,000
Number of investments \| investment	3
Number of investments impacted \| investment	2
Credit loss expense	$ 1,900,000
Required allowance for credit loss	$ 2,026,000
Paycheck Protection Program
Summary Of Significant Accounting Policies [Line Items]
Stated interest rate	1.00%
Number of loans funded \| loanReceivable	1,913
Financing receivable, before allowance for credit loss	$ 189,857,000
Proceeds and fees received	7,660,000
Loans, including fees	$ 4,570,000
Minimum
Summary Of Significant Accounting Policies [Line Items]
Deferral term	60 days
Nonaccrual status term	90 days
Minimum \| Buildings
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	30 years
Minimum \| Furniture, fixtures and equipment
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	3 years
Minimum \| Paycheck Protection Program
Summary Of Significant Accounting Policies [Line Items]
Financing receivable, term	2 years
Maximum
Summary Of Significant Accounting Policies [Line Items]
Deferral term	90 days
Maximum \| Buildings
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	40 years
Maximum \| Furniture, fixtures and equipment
Summary Of Significant Accounting Policies [Line Items]
Useful life of assets	10 years
Maximum \| Paycheck Protection Program
Summary Of Significant Accounting Policies [Line Items]
Financing receivable, term	5 years

Business Combinations and Div_3

Business Combinations and Divestitures - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($)	Jul. 08, 2020	Sep. 08, 2018	Jun. 02, 2018	Dec. 31, 2020	Dec. 31, 2019
Assets acquired:
Loans	$ 44,962,000
Consideration:
Goodwill				$ 163,209,000	$ 158,743,000
Transport Financial Solutions
Assets acquired:
Factored receivables	107,524,000
Allowance for credit losses	(37,415,000)
Factored receivables, net of ACL	70,109,000
Indemnification asset	30,959,000			$ 36,225,000
Deferred income taxes	1,448,000
Intangible assets	3,500,000
Total Assets Acquired	106,016,000
Liabilities assumed:
Deposits	5,361,000
Total liabilities	5,361,000
Fair value of net assets acquired	100,655,000
Consideration:
Cash paid	108,375,000
Stock consideration	13,942,000
Receivable due from seller subsequent to liquidation of stock consideration	(17,196,000)
Total consideration	105,121,000
Goodwill	$ 4,466,000
FBD
Assets acquired:
Cash and cash equivalents		$ 151,973,000
Securities		237,183,000
Loans held for sale		1,238,000
Loans		256,384,000
FHLB stock		786,000
Premises and equipment		7,495,000
Intangible assets		11,915,000
Other real estate owned		213,000
Other assets		2,715,000
Total Assets Acquired		669,902,000
Liabilities assumed:
Deposits		601,194,000
Federal Home Loan Bank advances		737,000
Other liabilities		1,313,000
Total liabilities		603,244,000
Fair value of net assets acquired		66,658,000
Consideration:
Cash paid		134,667,000
Goodwill		68,009,000
SCC
Assets acquired:
Cash and cash equivalents		14,299,000
Securities		33,477,000
Loans held for sale		0
Loans		31,454,000
FHLB stock		129,000
Premises and equipment		840,000
Intangible assets		2,154,000
Other real estate owned		0
Other assets		403,000
Total Assets Acquired		82,756,000
Liabilities assumed:
Deposits		73,464,000
Federal Home Loan Bank advances		0
Other liabilities		64,000
Total liabilities		73,528,000
Fair value of net assets acquired		9,228,000
Consideration:
Cash paid		13,294,000
Goodwill		4,066,000
First Bancorp of Durango, Inc. And Southern Colorado Corp.
Assets acquired:
Cash and cash equivalents		166,272,000
Securities		270,660,000
Loans held for sale		1,238,000
Loans		287,838,000
FHLB stock		915,000
Premises and equipment		8,335,000
Intangible assets		14,069,000
Other real estate owned		213,000
Other assets		3,118,000
Total Assets Acquired		752,658,000
Liabilities assumed:
Deposits		674,658,000
Federal Home Loan Bank advances		737,000
Other liabilities		1,377,000
Total liabilities		676,772,000
Fair value of net assets acquired		75,886,000
Consideration:
Cash paid		147,961,000
Goodwill		$ 72,075,000
Interstate Capital Corporation
Assets acquired:
Cash and cash equivalents			$ 75,000
Factored receivables			131,017,000
Premises and equipment			279,000
Intangible assets			13,920,000
Other assets			144,000
Total Assets Acquired			145,435,000
Liabilities assumed:
Deposits			7,389,000
Other liabilities			763,000
Total liabilities			8,152,000
Fair value of net assets acquired			137,283,000
Consideration:
Cash paid			160,258,000
Contingent consideration			20,000,000
Total consideration			180,258,000
Goodwill			$ 42,975,000

Business Combinations and Div_4

Business Combinations and Divestitures - Narrative (Details)	Jul. 08, 2020USD ($)clientshares	Sep. 08, 2018USD ($)	Jun. 02, 2018USD ($)	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2018USD ($)	Sep. 23, 2020USD ($)shares	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Financing receivable, before allowance for credit loss				$ 4,996,776,000				$ 4,996,776,000			$ 4,194,512,000
Unsecured federal funds line of credit				227,500,000				227,500,000
Goodwill impairment								4,466,000
Other income				22,386,000	$ 10,493,000	$ 10,271,000	$ 7,477,000
Required payments	$ 45,228,000
Loans	44,962,000
Goodwill				163,209,000				163,209,000			158,743,000
Factored receivables
Business Acquisition [Line Items]
Financing receivable, before allowance for credit loss				1,120,770,000				1,120,770,000			619,986,000
Over-Formula Advances \| Factored receivables
Business Acquisition [Line Items]
Financing receivable, before allowance for credit loss	62,200,000			62,100,000				$ 62,100,000
Minimum
Business Acquisition [Line Items]
Estimated useful lives								8 years
Maximum
Business Acquisition [Line Items]
Estimated useful lives								10 years
Transport Financial Solutions
Business Acquisition [Line Items]
Cash paid	$ 108,375,000
Equity issued (in shares) \| shares	630,268
Stock consideration	$ 13,942,000
Number of large clients \| client	3
Portion of purchase price returned (in shares) \| shares										630,268
Receivable due from seller subsequent to liquidation of stock consideration	$ 17,196,000
Proceeds from sale of acquired stock								$ 28,064,000
Other income								10,868,000
Intangible assets	$ 3,500,000
Estimated useful lives	8 years
Indemnification asset	$ 30,959,000			36,225,000				36,225,000
Indemnification assets, adjustment								5,266,000
Expenses related to the acquisition								827,000	$ 5,871,000
Goodwill	4,466,000
Transport Financial Solutions \| Indemnification Agreement
Business Acquisition [Line Items]
Percent indemnified, first portion										100.00%
First increment of losses incurred										$ 30,000,000
Percent indemnified, second portion										50.00%
Second increment of losses incurred										$ 30,000,000
Total indemnification amount										45,000,000
Collateral held by third parties										60,000,000
Transport Financial Solutions \| Indemnification Agreement \| Covenant Logistics Group, Inc.
Business Acquisition [Line Items]
Unsecured federal funds line of credit										45,000,000
Transport Financial Solutions \| Over-Formula Advances
Business Acquisition [Line Items]
Financing receivable, before allowance for credit loss	62,200,000									$ 62,200,000
Transport Financial Solutions \| Over-Formula Advances \| Factored receivables
Business Acquisition [Line Items]
Financing receivable, before allowance for credit loss				$ 62,200,000				62,200,000
Transport Financial Solutions \| Maximum
Business Acquisition [Line Items]
Contingent consideration	$ 9,900,000
Interstate Capital Corporation
Business Acquisition [Line Items]
Cash paid			$ 160,258,000
Contingent consideration			20,000,000								$ 22,000,000
Intangible assets			13,920,000
Expenses related to the acquisition									$ 1,094,000
Goodwill			$ 42,975,000
Earnout period			30 months
Payment for contingent liability								$ 22,000,000
Interstate Capital Corporation \| Factoring \| Customer Relationships
Business Acquisition [Line Items]
Estimated useful lives			8 years
Intangible assets recognized			$ 13,500,000
Interstate Capital Corporation \| Factoring \| Trade Names
Business Acquisition [Line Items]
Estimated useful lives			3 years
Intangible assets recognized			$ 420,000
Interstate Capital Corporation \| Minimum
Business Acquisition [Line Items]
Contingent consideration			0
Interstate Capital Corporation \| Maximum
Business Acquisition [Line Items]
Contingent consideration			$ 22,000,000
First Bancorp of Durango, Inc. And Southern Colorado Corp.
Business Acquisition [Line Items]
Cash paid		$ 147,961,000
Intangible assets		$ 14,069,000
Estimated useful lives		10 years
Loans		$ 287,838,000
Goodwill		72,075,000
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Factored receivables
Business Acquisition [Line Items]
Loans		$ 0

Business Combinations and Div_5

Business Combinations and Divestitures - Summary of Factored Receivables, Purchased with Credit Deterioration (Details) - Factored receivables - Over-Formula Advances - USD ($) $ in Thousands	Dec. 31, 2020	Jul. 08, 2020	Dec. 30, 2020
Business Acquisition [Line Items]
Allowance for credit losses at acquisition	$ 48,963		$ 37,415
Transport Financial Solutions
Business Acquisition [Line Items]
Purchase price of loans at acquisition		$ 25,147
Allowance for credit losses at acquisition		37,415
Non-credit discount/(premium) at acquisition		941
Par value of acquired loans at acquisition		$ 63,503

Business Combinations and Div_6

Business Combinations and Divestitures - Summary of Assets Held for Sale and Consideration Received and Gain on Sale (Details) - USD ($) $ in Thousands	Apr. 20, 2020	Mar. 16, 2018	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Gain on sale of subsidiary or division			$ 0	$ 0	$ 9,758	$ 0	$ 9,758	$ 0	$ 1,071
Triumph Premium Finance
Business Acquisition [Line Items]
Loans	$ 84,504
Premises and equipment, net	45
Other assets	11
Total carrying amount	84,560
Other liabilities	479
Total carrying amount	84,081
Total consideration received	94,531
Gain on sale of division	10,450
Transaction costs	692
Gain on sale of subsidiary or division	$ 9,758
Triumph Healthcare Finance
Business Acquisition [Line Items]
Loans		$ 70,147
Premises and equipment, net		19
Goodwill		1,457
Intangible assets, net		958
Other assets		197
Total carrying amount		72,778
Total consideration received		74,017
Gain on sale of division		1,239
Transaction costs		168
Gain on sale of subsidiary or division		$ 1,071

Business Combinations and Div_7

Business Combinations and Divestitures - Summary of Acquired Loans (Details) - USD ($) $ in Thousands	Jul. 08, 2020	Sep. 08, 2018
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans	$ 44,962
FBD
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans		$ 256,384
FBD \| PCI Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		5,008
FBD \| PCI Loans \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		832
FBD \| PCI Loans \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		3,081
FBD \| PCI Loans \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		75
FBD \| PCI Loans \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
FBD \| PCI Loans \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		1,020
FBD \| PCI Loans \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
FBD \| PCI Loans \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
FBD \| PCI Loans \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
FBD \| Non-Purchase Credit Impaired Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		251,376
FBD \| Non-Purchase Credit Impaired Loans \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		140,955
FBD \| Non-Purchase Credit Impaired Loans \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		13,949
FBD \| Non-Purchase Credit Impaired Loans \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		59,228
FBD \| Non-Purchase Credit Impaired Loans \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		5,709
FBD \| Non-Purchase Credit Impaired Loans \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		26,125
FBD \| Non-Purchase Credit Impaired Loans \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
FBD \| Non-Purchase Credit Impaired Loans \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		5,410
FBD \| Non-Purchase Credit Impaired Loans \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
SCC
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans		31,454
SCC \| PCI Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		200
SCC \| PCI Loans \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		200
SCC \| PCI Loans \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| PCI Loans \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
SCC \| Non-Purchase Credit Impaired Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		31,254
SCC \| Non-Purchase Credit Impaired Loans \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		11,894
SCC \| Non-Purchase Credit Impaired Loans \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		5,229
SCC \| Non-Purchase Credit Impaired Loans \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		10,180
SCC \| Non-Purchase Credit Impaired Loans \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		1,207
SCC \| Non-Purchase Credit Impaired Loans \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		2,121
SCC \| Non-Purchase Credit Impaired Loans \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
SCC \| Non-Purchase Credit Impaired Loans \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		623
SCC \| Non-Purchase Credit Impaired Loans \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp.
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		282,630
Loans		287,838
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		152,849
Loans		153,881
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		19,178
Loans		22,259
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		69,408
Loans		69,483
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		6,916
Loans		6,916
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		28,246
Loans		29,266
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		6,033
Loans		6,033
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		0
Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		5,208
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Commercial real estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		1,032
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Construction, land development, land
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		3,081
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| 1-4 family residential properties
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		75
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Commercial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		1,020
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Factored receivables
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Consumer
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| PCI Loans \| Mortgage warehouse
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
PCI Loans		0
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Non-Purchase Credit Impaired Loans
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Loans Excluding PCI Loans		$ 282,630

Business Combinations and Div_8

Business Combinations and Divestitures - Schedule of Loans Acquired in Business Combination (Details) $ in Thousands	Sep. 08, 2018USD ($)
FBD \| Purchased Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	$ 10,511
Contractual cash flows not expected to be collected (nonaccretable difference)	2,570
Expected cash flows at acquisition	7,941
Interest component of expected cash flows (accretable yield)	2,933
Fair value of loans acquired with deterioration of credit quality	5,008
FBD \| Non-Purchase Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	318,674
Contractual cash flows not expected to be collected	4,255
Fair value at acquisition	251,376
SCC \| Purchased Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	269
Contractual cash flows not expected to be collected (nonaccretable difference)	5
Expected cash flows at acquisition	264
Interest component of expected cash flows (accretable yield)	64
Fair value of loans acquired with deterioration of credit quality	200
SCC \| Non-Purchase Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	38,590
Contractual cash flows not expected to be collected	550
Fair value at acquisition	31,254
First Bancorp of Durango, Inc. And Southern Colorado Corp.
Business Acquisition [Line Items]
Fair value at acquisition	282,630
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Purchased Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	10,780
Contractual cash flows not expected to be collected (nonaccretable difference)	2,575
Expected cash flows at acquisition	8,205
Interest component of expected cash flows (accretable yield)	2,997
Fair value of loans acquired with deterioration of credit quality	5,208
First Bancorp of Durango, Inc. And Southern Colorado Corp. \| Non-Purchase Credit Impaired Loans
Business Acquisition [Line Items]
Contractually required principal and interest payments	357,264
Contractual cash flows not expected to be collected	4,805
Fair value at acquisition	$ 282,630

Business Combinations and Div_9

Business Combinations and Divestitures - Schedule of Supplemental Pro Forma Information on Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
FBD
Business Acquisition, Pro Forma Information [Abstract]
Net interest income	$ 241,322	$ 176,154
Noninterest income	26,473	45,570
Net income	$ 52,269	$ 39,211
Basic earnings per common share (in dollars per share)	$ 2	$ 1.68
Diluted earnings per common share (in dollars per share)	$ 1.97	$ 1.65
SCC
Business Acquisition, Pro Forma Information [Abstract]
Net interest income	$ 228,797	$ 158,166
Noninterest income	23,412	41,166
Net income	$ 51,541	$ 36,475
Basic earnings per common share (in dollars per share)	$ 2.05	$ 1.83
Diluted earnings per common share (in dollars per share)	$ 2.01	$ 1.79
First Bancorp of Durango, Inc. And Southern Colorado Corp.
Business Acquisition, Pro Forma Information [Abstract]
Net interest income	$ 243,069	$ 178,636
Noninterest income	26,915	46,080
Net income	$ 52,102	$ 39,466
Basic earnings per common share (in dollars per share)	$ 1.99	$ 1.66
Diluted earnings per common share (in dollars per share)	$ 1.96	$ 1.63

Securities - Additional Informa

Securities - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)investmentsecurityOwned	Dec. 31, 2019USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Securities - equity investments	$ 5,826	$ 5,437
Pledged debt securities, at carrying value	$ 73,056	48,237
Number of securities in an unrealized loss position \| securityOwned	42
CLO Securities
Debt and Equity Securities, FV-NI [Line Items]
Number of investments impacted \| investment	2
Other Assets
Debt and Equity Securities, FV-NI [Line Items]
Accrued interest	$ 1,233	$ 1,685

Securities - Schedule of Gross

Securities - Schedule of Gross Realized and Unrealized Gains (Losses) Recognized on Equity Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Unrealized gains (losses) on equity securities still held at the reporting date	$ 389	$ 393
Realized gains (losses) on equity securities sold during the period	0	0
Gross realized and unrealized gains (losses) recognized on equity securities	$ 389	$ 393	$ 0

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost of Securities and Their Estimated Fair Values (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Available for sale securities:
Amortized Cost	$ 217,519,000	$ 247,381,000
Gross Unrealized Gains	7,115,000	1,957,000
Gross Unrealized Losses	(324,000)	(518,000)
Allowance for Credit Losses	0
Fair Value	224,310,000	248,820,000
Held to maturity securities:
Amortized cost, gross	7,945,000
Fair Value	5,850,000	6,907,000
Allowance for credit losses	(2,026,000)	0	$ 0	$ 0
Amortized Cost	5,919,000	8,417,000
US Government Agency Obligations
Available for sale securities:
Amortized Cost	14,942,000	39,679,000
Gross Unrealized Gains	146,000	115,000
Gross Unrealized Losses	0	(34,000)
Allowance for Credit Losses	0
Fair Value	15,088,000	39,760,000
US Treasury Securities
Available for sale securities:
Amortized Cost		37,324,000
Gross Unrealized Gains		728,000
Gross Unrealized Losses		(36,000)
Fair Value		38,016,000
Mortgage-backed Securities, Residential
Available for sale securities:
Amortized Cost	26,547,000	8,039,000
Gross Unrealized Gains	1,139,000	0
Gross Unrealized Losses	(2,000)	(80,000)
Allowance for Credit Losses	0
Fair Value	27,684,000	7,959,000
Asset-backed Securities
Available for sale securities:
Amortized Cost	7,091,000	31,746,000
Gross Unrealized Gains	0	327,000
Gross Unrealized Losses	(52,000)	(8,000)
Allowance for Credit Losses	0
Fair Value	7,039,000	32,065,000
State and Municipal
Available for sale securities:
Amortized Cost	36,238,000	75,592,000
Gross Unrealized Gains	1,157,000	39,000
Gross Unrealized Losses	0	(358,000)
Allowance for Credit Losses	0
Fair Value	37,395,000	75,273,000
CLO Securities
Available for sale securities:
Amortized Cost	118,128,000
Gross Unrealized Gains	4,335,000
Gross Unrealized Losses	(259,000)
Allowance for Credit Losses	0
Fair Value	122,204,000
Held to maturity securities:
Amortized cost, gross	7,945,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2,095,000)	(1,510,000)
Fair Value	5,850,000	6,907,000
Allowance for credit losses	(2,026,000)
Amortized Cost	5,919,000	8,417,000
Corporate Bonds
Available for sale securities:
Amortized Cost	11,373,000	50,889,000
Gross Unrealized Gains	205,000	695,000
Gross Unrealized Losses	(5,000)	(1,000)
Allowance for Credit Losses	0
Fair Value	11,573,000	51,583,000
Sba Pooled Securities
Available for sale securities:
Amortized Cost	3,200,000	4,112,000
Gross Unrealized Gains	133,000	53,000
Gross Unrealized Losses	(6,000)	(1,000)
Allowance for Credit Losses	0
Fair Value	$ 3,327,000	$ 4,164,000

Securities - Schedule of Amor_2

Securities - Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Available for Sale Securities, Amortized Cost
Due in one year or less, Amortized Cost	$ 26,603
Due from one year to five years, Amortized Cost	12,119
Due from five years to ten years, Amortized Cost	23,434
Due after ten years, Amortized Cost	118,525
Available for Sale Securities, with single maturity date, Amortized Cost	180,681
Amortized Cost	217,519	$ 247,381
Available for Sale Securities, Fair Value
Due in one year or less, Fair Value	26,873
Due from one year to five years, Fair Value	12,394
Due from five years to ten years, Fair Value	24,944
Due after ten years, Fair Value	122,049
Available for Sale Securities, with single maturity date, Fair Value	186,260
Available for Sale Securities, Fair Value	224,310	248,820
Held to Maturity Securities, Amortized Cost
Due in one year or less, Amortized Cost	0
Due from one year to five years, Amortized Cost	0
Due from five years to ten years, Amortized Cost	7,945
Due after ten years, Amortized Cost	0
Held to Maturity Securities, with single maturity date, Amortized Cost	7,945
Amortized Cost	7,945
Held to Maturity Securities, Fair Value
Due in one year or less, Fair Value	0
Due from one year to five years, Fair Value	0
Due from five years to ten years, Fair Value	5,850
Due after ten years, Fair Value	0
Held to Maturity Securities, with single maturity date, Fair Value	5,850
Held to Maturity Securities, Fair Value	5,850	6,907
Mortgage-backed Securities, Residential
Available for Sale Securities, Amortized Cost
Available for Sale Securities, without single maturity date, Amortized Cost	26,547
Amortized Cost	26,547	8,039
Available for Sale Securities, Fair Value
Securities- held to maturity, net of allowance for credit losses	27,684
Available for Sale Securities, Fair Value	27,684	7,959
Held to Maturity Securities, Amortized Cost
Held to Maturity Securities, without single maturity date, Amortized Cost	0
Held to Maturity Securities, Fair Value
Held to Maturity Securities, without single maturity date, Fair Value	0
Asset-backed Securities
Available for Sale Securities, Amortized Cost
Available for Sale Securities, without single maturity date, Amortized Cost	7,091
Amortized Cost	7,091	31,746
Available for Sale Securities, Fair Value
Securities- held to maturity, net of allowance for credit losses	7,039
Available for Sale Securities, Fair Value	7,039	32,065
Held to Maturity Securities, Amortized Cost
Held to Maturity Securities, without single maturity date, Amortized Cost	0
Held to Maturity Securities, Fair Value
Held to Maturity Securities, without single maturity date, Fair Value	0
Sba Pooled Securities
Available for Sale Securities, Amortized Cost
Available for Sale Securities, without single maturity date, Amortized Cost	3,200
Amortized Cost	3,200	4,112
Available for Sale Securities, Fair Value
Securities- held to maturity, net of allowance for credit losses	3,327
Available for Sale Securities, Fair Value	3,327	$ 4,164
Held to Maturity Securities, Amortized Cost
Held to Maturity Securities, without single maturity date, Amortized Cost	0
Held to Maturity Securities, Fair Value
Held to Maturity Securities, without single maturity date, Fair Value	$ 0

Securities - Schedule of Procee

Securities - Schedule of Proceeds from Sales of Debt Securities and the Associated Gross Gains and Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 70,198	$ 40,617	$ 123,016
Gross gains	3,233	133	3
Gross losses	(140)	(125)	(273)
Net gains and losses from calls of securities	$ 133	$ 53	$ (2)

Securities - Schedule of Inform

Securities - Schedule of Information Pertaining to Debt Securities with Gross Unrealized Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	$ 13,699	$ 65,611
Less than 12 Months, Unrealized Losses	(105)	(423)
12 Months or More, Fair Value	37,090	21,665
12 Months or More, Unrealized Losses	(219)	(95)
Total, Fair Value	50,789	87,276
Total, Unrealized Losses	(324)	(518)
US Government Agency Obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Fair Value	0	12,331
12 Months or More, Unrealized Losses	0	(34)
Total, Fair Value	0	12,331
Total, Unrealized Losses	0	(34)
Mortgage-backed Securities, Residential
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	100	3,549
Less than 12 Months, Unrealized Losses	(1)	(29)
12 Months or More, Fair Value	215	777
12 Months or More, Unrealized Losses	(1)	(7)
Total, Fair Value	315	4,326
Total, Unrealized Losses	(2)	(36)
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	129	2,986
Less than 12 Months, Unrealized Losses	0	(36)
12 Months or More, Fair Value	6,911	4,973
12 Months or More, Unrealized Losses	(52)	(44)
Total, Fair Value	7,040	7,959
Total, Unrealized Losses	(52)	(80)
State and Municipal
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	0	562
Less than 12 Months, Unrealized Losses	0	0
12 Months or More, Fair Value	0	3,426
12 Months or More, Unrealized Losses	0	(8)
Total, Fair Value	0	3,988
Total, Unrealized Losses	0	(8)
CLO Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	12,083	58,160
Less than 12 Months, Unrealized Losses	(93)	(358)
12 Months or More, Fair Value	29,785	0
12 Months or More, Unrealized Losses	(166)	0
Total, Fair Value	41,868	58,160
Total, Unrealized Losses	(259)	(358)
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	498	0
Less than 12 Months, Unrealized Losses	(5)	0
12 Months or More, Fair Value	150	149
12 Months or More, Unrealized Losses	0	(1)
Total, Fair Value	648	149
Total, Unrealized Losses	(5)	(1)
Sba Pooled Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	889	354
Less than 12 Months, Unrealized Losses	(6)	0
12 Months or More, Fair Value	29	9
12 Months or More, Unrealized Losses	0	(1)
Total, Fair Value	918	363
Total, Unrealized Losses	$ (6)	$ (1)

Securities - Summary of Activit

Securities - Summary of Activity in Allowance for Credit Losses for Held To Maturity Debt Securities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 0	$ 0	$ 0
Credit loss expense	1,900,000	0	0
Allowance for credit losses ending balance	2,026,000	0	0
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 126,000	0	0
Allowance for credit losses ending balance		$ 126,000	$ 0

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Schedule of Loans Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	$ 24,546	$ 2,735
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	6,319	2,735
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	$ 18,227	$ 0

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Schedule of Amortized Cost and Unpaid Principal (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 4,996,776	$ 4,194,512
Unpaid Principal	5,020,174	4,209,477
Difference	(23,398)	(14,965)
Allowance for loan and lease losses	(95,739)	(29,092)
Loans, net	4,901,037	4,165,420
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	779,158	1,046,961
Unpaid Principal	782,614	1,051,684
Difference	(3,456)	(4,723)
Allowance for loan and lease losses		(5,353)
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	219,647	160,569
Unpaid Principal	220,021	162,335
Difference	(374)	(1,766)
Allowance for loan and lease losses		(1,382)
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	157,147	179,425
Unpaid Principal	157,731	180,340
Difference	(584)	(915)
Allowance for loan and lease losses		(308)
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	103,685	154,975
Unpaid Principal	104,522	156,995
Difference	(837)	(2,020)
Allowance for loan and lease losses		(670)
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,562,957	1,342,683
Unpaid Principal	1,579,841	1,346,444
Difference	(16,884)	(3,761)
Allowance for loan and lease losses		(12,566)
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,120,770	619,986
Unpaid Principal	1,122,008	621,697
Difference	(1,238)	(1,711)
Allowance for loan and lease losses		(7,657)
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	15,838	21,925
Unpaid Principal	15,863	21,994
Difference	(25)	(69)
Allowance for loan and lease losses		(488)
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,037,574	667,988
Unpaid Principal	1,037,574	667,988
Difference	$ 0	0
Allowance for loan and lease losses		$ (668)

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Additional Information (Details) $ in Thousands	Dec. 31, 2020USD ($)	Dec. 30, 2020USD ($)	Dec. 31, 2020USD ($)loanReceivable	Dec. 31, 2019USD ($)loanReceivable	Dec. 31, 2018USD ($)loanReceivable	Jul. 08, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Premiums and discounts on acquired loans	$ 18,511		$ 18,511	$ 13,573
Net deferred origination and factoring fees	4,887		4,887	1,392
Amortized cost of loans held for investment	$ 18,198		$ 18,198	$ 18,553
Majority of factored receivables percentage of loan portfolio	90.00%		90.00%	77.00%
Percentage of total loan portfolio on factored receivables	20.00%		20.00%	11.00%
Financing receivable, before allowance for credit loss	$ 4,996,776		$ 4,996,776	$ 4,194,512
Pledged loans	2,255,441		2,255,441	1,301,851
Loans transferred to loans held for sale			185,823	46,163	$ 9,781
Proceeds from sale of loans held-for-investment			165,877	47,832
Gain (loss) on sales of loans, net			3,585	653	$ 46
Past Due	160,677		160,677	72,859
Recorded investments in troubled debt restructurings	13,324		13,324	5,221
Allowance for credit loss	95,739		$ 95,739	$ 29,092
Number of defaults on modified loans \| loanReceivable			1	3	0
Recorded investments in troubled debt restructurings			$ 5,741	$ 680
Modified during period			628,022
Troubled Debt Restructuring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit loss	2,469		2,469	718
Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	87,766		87,766	19,014
Other non interest income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gain (loss) on sales of loans, net			770	1,669
Changes In Allowance For Credit Losses
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowances attributable to deterioration of loss drivers			16,700
Net charge-offs			4,569
Financing receivable allowance for credit losses established prior to write off			1,000
Changes due to new specific reserves			5,100
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer reserves	145,892		145,892	66,754
Financing receivable, before allowance for credit loss	1,120,770		1,120,770	619,986
Past Due	134,600		134,600	40,526
Allowance for credit loss				7,657
Factored receivables \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	72,717		72,717	4,226
Factored receivables \| Over-Formula Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, before allowance for credit loss	62,100		62,100			$ 62,200
ACL on PCD assets	11,548		48,485
Allowance for credit losses at acquisition	48,963	$ 37,415
Factored receivables \| Over-Formula Advances \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	62,100		62,100
Factored receivables \| Over-Formula Advances \| United States Postal Service
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, before allowance for credit loss	19,600		19,600
Past Due	19,600		19,600
Factored receivables \| Over-Formula Advances \| United States Postal Service \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	6,000		6,000
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, before allowance for credit loss	157,147		157,147	179,425
Past Due	3,378		3,378	2,673
Allowance for credit loss				308
1-4 family residential properties \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	952		952	554
1-4 family residential properties \| Real Eatate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential real estate loans in process of foreclosure	$ 251		$ 251	$ 87
Accounts Receivable \| Geographic Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers located within states			57.00%	70.00%
Texas \| Accounts Receivable \| Geographic Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers located within states			22.00%	27.00%
Colorado \| Accounts Receivable \| Geographic Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers located within states			17.00%	23.00%
Illinois \| Accounts Receivable \| Geographic Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers located within states			12.00%	13.00%
Iowa \| Accounts Receivable \| Geographic Concentration Risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of customers located within states			6.00%	7.00%

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Summary of Allowance for Loan and Lease Losses (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				$ 29,092					$ 29,092
Credit loss expense	$ 4,680	$ (258)	$ 13,609	20,298	$ 382	$ 2,865	$ 3,681	$ 1,014	38,329	$ 7,942	$ 16,167
Ending Balance	95,739				29,092				95,739	29,092
Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				29,092				27,571	29,092	27,571	18,748
Initial ACL on Loans Purchased with Credit Deterioration									37,415
Credit loss expense									33,981	7,942	16,167
Charge-offs									(6,488)	(7,484)	(8,434)
Recoveries									1,919	1,063	1,090
Reclassification To Held For Sale									(449)
Ending Balance	95,739				29,092				95,739	29,092	27,571
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				269					269
Ending Balance					269					269
Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				269					269
Ending Balance					269					269
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				5,353					5,353
Ending Balance					5,353					5,353
Commercial real estate \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				5,353				4,493	5,353	4,493	3,435
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									3,607	1,163	1,044
Charge-offs									(320)	(304)	(90)
Recoveries									170	1	104
Reclassification To Held For Sale									0
Ending Balance	10,182				5,353				10,182	5,353	4,493
Commercial real estate \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				1,372					1,372
Ending Balance					1,372					1,372
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				1,382					1,382
Ending Balance					1,382					1,382
Construction, land development, land \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				1,382				1,134	1,382	1,134	883
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									2,005	234	293
Charge-offs									(23)	(78)	(59)
Recoveries									241	92	17
Reclassification To Held For Sale									0
Ending Balance	3,418				1,382				3,418	1,382	1,134
Construction, land development, land \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(187)					(187)
Ending Balance					(187)					(187)
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				308					308
Ending Balance					308					308
1-4 family residential properties \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				308				317	308	317	293
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									378	71	23
Charge-offs									(27)	(141)	(17)
Recoveries									53	61	18
Reclassification To Held For Sale									0
Ending Balance	1,225				308				1,225	308	317
1-4 family residential properties \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				513					513
Ending Balance					513					513
Farmland
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				670					670
Ending Balance					670					670
Farmland \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				670				535	670	535	310
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									(355)	400	425
Charge-offs									0	(265)	(200)
Recoveries									80	0	0
Reclassification To Held For Sale									0
Ending Balance	832				670				832	670	535
Farmland \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				437					437
Ending Balance					437					437
Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				12,566					12,566
Ending Balance					12,566					12,566
Commercial \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				12,566				12,865	12,566	12,865	8,150
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									11,336	2,580	10,052
Charge-offs									(2,344)	(3,326)	(5,855)
Recoveries									1,115	447	518
Reclassification To Held For Sale									(449)
Ending Balance	22,040				12,566				22,040	12,566	12,865
Commercial \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(184)					(184)
Ending Balance					(184)					(184)
Factored receivables
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				7,657					7,657
Ending Balance					7,657					7,657
Factored receivables \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				7,657				7,299	7,657	7,299	4,597
Initial ACL on Loans Purchased with Credit Deterioration									37,415
Credit loss expense									16,079	2,556	3,857
Charge-offs									(3,201)	(2,494)	(1,224)
Recoveries									143	296	69
Reclassification To Held For Sale									0
Ending Balance	56,463				7,657				56,463	7,657	7,299
Factored receivables \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(1,630)					(1,630)
Ending Balance					(1,630)					(1,630)
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				488					488
Ending Balance					488					488
Consumer \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				488				615	488	615	783
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									562	583	457
Charge-offs									(573)	(876)	(989)
Recoveries									117	166	364
Reclassification To Held For Sale									0
Ending Balance	542				488				542	488	615
Consumer \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(52)					(52)
Ending Balance					(52)					(52)
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				668					668
Ending Balance					668					668
Mortgage warehouse \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				668				$ 313	668	313	297
Initial ACL on Loans Purchased with Credit Deterioration									0
Credit loss expense									369	355	16
Charge-offs									0	0	0
Recoveries									0	0	0
Reclassification To Held For Sale									0
Ending Balance	$ 1,037				668				1,037	668	$ 313
Mortgage warehouse \| Cumulative Effect, Period of Adoption, Adjustment \| Loans Held for Investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				$ 0					$ 0
Ending Balance					$ 0					$ 0

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Individual and Collective Allowance for Credit Losses on Financing Receivables and Loan Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss	$ 95,739	$ 29,092
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	12,616
Allowance for credit loss	1,334
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	2,317
Allowance for credit loss	271
1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	2,196
Allowance for credit loss	34
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	2,530
Allowance for credit loss	0
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	17,007
Allowance for credit loss	5,163
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	92,437
Allowance for credit loss	51,371
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	253
Allowance for credit loss	37
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Allowance for credit loss	0
Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	129,356
Allowance for credit loss	58,210
Real Estate \| Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	12,454
Real Estate \| Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	2,317
Real Estate \| 1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	1,948
Real Estate \| Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	2,189
Real Estate \| Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	1,813
Real Estate \| Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Real Estate \| Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Real Estate \| Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Real Estate \| Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	20,721
Accounts Receivable \| Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| 1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	92,437
Accounts Receivable \| Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Accounts Receivable \| Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	92,437
Equipment \| Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| 1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	143
Equipment \| Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	5,842
Equipment \| Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Equipment \| Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	5,985
Other \| Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	162
Other \| Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Other \| 1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	248
Other \| Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	198
Other \| Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	9,352
Other \| Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Other \| Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	253
Other \| Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	0
Other \| Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable Collateral Dependent Amortized Cost	$ 10,213
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		5,353
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		1,382
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		308
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		670
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		12,566
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		7,657
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		488
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit loss		$ 668

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Summary of Individual and Collective Allowance for Loan Losses and Loan Balances by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		$ 49,851
Loan Evaluation, Collectively		4,131,986
Total	$ 4,996,776	4,194,512
ALLL Allocations, Individually		5,113
ALLL Allocations, Collectively		23,975
Allowance for credit loss	95,739	29,092
Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		12,675
Allowance for credit loss		4
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		7,455
Loan Evaluation, Collectively		1,030,439
Total	779,158	1,046,961
ALLL Allocations, Individually		344
ALLL Allocations, Collectively		5,009
Allowance for credit loss		5,353
Commercial real estate \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		9,067
Allowance for credit loss		0
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		2,138
Loan Evaluation, Collectively		155,985
Total	219,647	160,569
ALLL Allocations, Individually		271
ALLL Allocations, Collectively		1,111
Allowance for credit loss		1,382
Construction, land development, land \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		2,446
Allowance for credit loss		0
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		1,728
Loan Evaluation, Collectively		177,189
Total	157,147	179,425
ALLL Allocations, Individually		33
ALLL Allocations, Collectively		275
Allowance for credit loss		308
1-4 family residential properties \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		508
Allowance for credit loss		0
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		6,638
Loan Evaluation, Collectively		148,233
Total	103,685	154,975
ALLL Allocations, Individually		0
ALLL Allocations, Collectively		670
Allowance for credit loss		670
Farmland \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		104
Allowance for credit loss		0
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		15,618
Loan Evaluation, Collectively		1,326,515
Total	1,562,957	1,342,683
ALLL Allocations, Individually		1,278
ALLL Allocations, Collectively		11,284
Allowance for credit loss		12,566
Commercial \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		550
Allowance for credit loss		4
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		15,947
Loan Evaluation, Collectively		604,039
Total	1,120,770	619,986
ALLL Allocations, Individually		3,178
ALLL Allocations, Collectively		4,479
Allowance for credit loss		7,657
Factored receivables \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		0
Allowance for credit loss		0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		327
Loan Evaluation, Collectively		21,598
Total	15,838	21,925
ALLL Allocations, Individually		9
ALLL Allocations, Collectively		479
Allowance for credit loss		488
Consumer \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		0
Allowance for credit loss		0
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan Evaluation, Individually		0
Loan Evaluation, Collectively		667,988
Total	$ 1,037,574	667,988
ALLL Allocations, Individually		0
ALLL Allocations, Collectively		668
Allowance for credit loss		668
Mortgage warehouse \| Purchased Credit Impaired Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total		0
Allowance for credit loss		$ 0

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Summary of Information Pertaining to Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	$ 23,908
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	23,928
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	5,117
Impaired Loans Without a Valuation Allowance, Recorded Investment	26,014
Impaired Loans Without a Valuation Allowance, Unpaid Principal	26,635
Average Impaired Loans	45,603	$ 40,297
Interest Recognized	918	1,244
Purchased Credit Impaired Loans
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	71
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	55
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	4
Impaired Loans Without a Valuation Allowance, Recorded Investment	0
Impaired Loans Without a Valuation Allowance, Unpaid Principal	0
Average Impaired Loans	71	35
Interest Recognized	0	0
Commercial real estate
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	878
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	907
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	344
Impaired Loans Without a Valuation Allowance, Recorded Investment	6,577
Impaired Loans Without a Valuation Allowance, Unpaid Principal	6,643
Average Impaired Loans	7,276	4,055
Interest Recognized	117	86
Construction, land development, land
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	935
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	935
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	271
Impaired Loans Without a Valuation Allowance, Recorded Investment	1,203
Impaired Loans Without a Valuation Allowance, Unpaid Principal	1,305
Average Impaired Loans	1,114	113
Interest Recognized	35	0
1-4 family residential properties
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	35
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	22
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	33
Impaired Loans Without a Valuation Allowance, Recorded Investment	1,693
Impaired Loans Without a Valuation Allowance, Unpaid Principal	1,799
Average Impaired Loans	2,031	2,486
Interest Recognized	47	77
Farmland
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	0
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	0
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	0
Impaired Loans Without a Valuation Allowance, Recorded Investment	6,638
Impaired Loans Without a Valuation Allowance, Unpaid Principal	6,819
Average Impaired Loans	7,031	5,612
Interest Recognized	107	197
Commercial
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	6,032
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	6,053
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	1,278
Impaired Loans Without a Valuation Allowance, Recorded Investment	9,586
Impaired Loans Without a Valuation Allowance, Unpaid Principal	9,751
Average Impaired Loans	16,386	21,885
Interest Recognized	605	870
Factored receivables
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	15,940
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	15,940
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	3,178
Impaired Loans Without a Valuation Allowance, Recorded Investment	7
Impaired Loans Without a Valuation Allowance, Unpaid Principal	7
Average Impaired Loans	11,353	5,742
Interest Recognized	0	0
Consumer
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	17
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	16
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	9
Impaired Loans Without a Valuation Allowance, Recorded Investment	310
Impaired Loans Without a Valuation Allowance, Unpaid Principal	311
Average Impaired Loans	341	369
Interest Recognized	7	14
Mortgage warehouse
Financing Receivable, Impaired [Line Items]
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Recorded Investment	0
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Unpaid Principal	0
Impaired Loans and PCI Impaired Loans With a Valuation Allowance, Related Allowance	0
Impaired Loans Without a Valuation Allowance, Recorded Investment	0
Impaired Loans Without a Valuation Allowance, Unpaid Principal	0
Average Impaired Loans	0	0
Interest Recognized	$ 0	$ 0

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Summary of Contractually Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	$ 160,677	$ 72,859
Current	4,836,099	4,121,653
Total	4,996,776	4,194,512
Factored receivables greater than 90 days past due	72,774	4,226
Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	39,928	39,055
Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	32,983	14,790
Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	87,766	19,014
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	9,282	4,839
Current	769,876	1,042,122
Total	779,158	1,046,961
Factored receivables greater than 90 days past due	0	0
Commercial real estate \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,512	1,752
Commercial real estate \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	147	1,328
Commercial real estate \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	7,623	1,759
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,509	2,988
Current	218,138	157,581
Total	219,647	160,569
Factored receivables greater than 90 days past due	22	0
Construction, land development, land \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	185	1,785
Construction, land development, land \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,001	842
Construction, land development, land \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	323	361
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	3,378	2,673
Current	153,769	176,752
Total	157,147	179,425
Factored receivables greater than 90 days past due	0	0
1-4 family residential properties \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,978	1,396
1-4 family residential properties \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	448	723
1-4 family residential properties \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	952	554
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,707	2,560
Current	101,978	152,415
Total	103,685	154,975
Factored receivables greater than 90 days past due	0	0
Farmland \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	407	52
Farmland \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,000	132
Farmland \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	300	2,376
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	9,619	18,153
Current	1,553,338	1,324,530
Total	1,562,957	1,342,683
Factored receivables greater than 90 days past due	35	0
Commercial \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,084	4,444
Commercial \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,765	4,154
Commercial \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	5,770	9,555
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	134,600	40,526
Current	986,170	579,460
Total	1,120,770	619,986
Factored receivables greater than 90 days past due	72,717	4,226
Factored receivables \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	33,377	29,118
Factored receivables \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	28,506	7,182
Factored receivables \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	72,717	4,226
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	582	1,120
Current	15,256	20,805
Total	15,838	21,925
Factored receivables greater than 90 days past due	0	0
Consumer \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	385	508
Consumer \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	116	429
Consumer \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	81	183
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	0	0
Current	1,037,574	667,988
Total	1,037,574	667,988
Factored receivables greater than 90 days past due	0	0
Mortgage warehouse \| Financial Asset, 30 to 59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	0	0
Mortgage warehouse \| Financial Asset, 60 to 89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	0	0
Mortgage warehouse \| Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	$ 0	$ 0

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Summary of Amortized Cost Basis of Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	$ 34,073	$ 36,054
Nonaccrual With No ACL	13,921	28,085
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	9,945	7,501
Nonaccrual With No ACL	3,461	6,623
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	2,294	3,922
Nonaccrual With No ACL	1,199	2,987
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	1,848	1,730
Nonaccrual With No ACL	1,651	1,694
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	2,531	6,494
Nonaccrual With No ACL	2,531	6,494
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	17,202	16,080
Nonaccrual With No ACL	4,891	9,977
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	0	0
Nonaccrual With No ACL	0	0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	253	327
Nonaccrual With No ACL	188	310
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Nonaccrual	0	0
Nonaccrual With No ACL	$ 0	$ 0

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Schedule of Accrued Interest on Non Accrual Loans Reversed Through Interest Income (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	$ 598	$ 176	$ 290
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	438	58	73
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	1	44	1
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	32	12	4
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	39	27	65
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	86	32	142
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	0	0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	2	3	5
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	$ 0	$ 0	$ 0

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses - Schedule of Nonperforming Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 34,073	$ 36,054
Factored receivables greater than 90 days past due	72,774	4,226
Troubled Debt Restructuring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	13,321	4,888
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	0	0
Factored receivables greater than 90 days past due	72,717	4,226
Nonperforming Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	34,073	36,054
Other nonperforming factored receivables	10,029	0
Troubled debt restructurings accruing interest	3	333
Total loans	58,032	40,613
Nonperforming Loans \| Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Factored receivables greater than 90 days past due	$ 13,927	$ 4,226

Loans and Allowance for Cred_14

Loans and Allowance for Credit Losses - Summary of Risk Category Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	$ 3,099,340
2019	297,651
2018	223,296
2017	176,207
2016	125,446
Prior	564,204
Revolving Loans	492,022
Revolving Loans Converted To Term Loans	18,610
Total	4,996,776	$ 4,194,512
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	281,704
2019	96,324
2018	62,208
2017	50,482
2016	28,585
Prior	231,281
Revolving Loans	27,666
Revolving Loans Converted To Term Loans	908
Total	779,158	1,046,961
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	74,180
2019	12,524
2018	11,829
2017	5,820
2016	8,946
Prior	105,836
Revolving Loans	12
Revolving Loans Converted To Term Loans	500
Total	219,647	160,569
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	59,773
2019	11,429
2018	11,562
2017	9,005
2016	4,411
Prior	20,216
Revolving Loans	35,431
Revolving Loans Converted To Term Loans	5,320
Total	157,147	179,425
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	38,206
2019	10,502
2018	7,791
2017	15,262
2016	7,930
Prior	21,162
Revolving Loans	2,346
Revolving Loans Converted To Term Loans	486
Total	103,685	154,975
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	478,605
2019	164,593
2018	128,552
2017	94,344
2016	74,875
Prior	184,099
Revolving Loans	426,493
Revolving Loans Converted To Term Loans	11,396
Total	1,562,957	1,342,683
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,120,770
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	1,120,770	619,986
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	8,528
2019	2,279
2018	1,354
2017	1,294
2016	699
Prior	1,610
Revolving Loans	74
Revolving Loans Converted To Term Loans	0
Total	15,838	21,925
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,037,574
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	1,037,574	667,988
Purchased Credit Impaired Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		12,675
Purchased Credit Impaired Loans \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		9,067
Purchased Credit Impaired Loans \| Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		2,446
Purchased Credit Impaired Loans \| 1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		508
Purchased Credit Impaired Loans \| Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		104
Purchased Credit Impaired Loans \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		550
Purchased Credit Impaired Loans \| Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0
Purchased Credit Impaired Loans \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0
Purchased Credit Impaired Loans \| Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	3,036,816
2019	292,404
2018	221,622
2017	174,591
2016	120,268
Prior	559,960
Revolving Loans	480,696
Revolving Loans Converted To Term Loans	18,610
Total	4,904,967	4,115,695
Pass \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	271,406
2019	94,085
2018	62,075
2017	49,115
2016	27,921
Prior	230,731
Revolving Loans	27,666
Revolving Loans Converted To Term Loans	908
Total	763,907	1,030,358
Pass \| Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	72,149
2019	12,490
2018	11,829
2017	5,820
2016	8,946
Prior	105,584
Revolving Loans	12
Revolving Loans Converted To Term Loans	500
Total	217,330	155,985
Pass \| 1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	58,300
2019	11,280
2018	11,425
2017	8,982
2016	4,400
Prior	20,167
Revolving Loans	35,326
Revolving Loans Converted To Term Loans	5,320
Total	155,200	177,177
Pass \| Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	37,212
2019	10,095
2018	7,388
2017	15,262
2016	7,908
Prior	20,572
Revolving Loans	1,421
Revolving Loans Converted To Term Loans	486
Total	100,344	144,777
Pass \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	470,477
2019	162,203
2018	127,569
2017	94,154
2016	70,405
Prior	181,312
Revolving Loans	416,197
Revolving Loans Converted To Term Loans	11,396
Total	1,533,713	1,313,042
Pass \| Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,081,316
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	1,081,316	604,774
Pass \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	8,382
2019	2,251
2018	1,336
2017	1,258
2016	688
Prior	1,594
Revolving Loans	74
Revolving Loans Converted To Term Loans	0
Total	15,583	21,594
Pass \| Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,037,574
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	1,037,574	667,988
Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	62,524
2019	5,247
2018	1,674
2017	1,616
2016	5,178
Prior	4,244
Revolving Loans	11,326
Revolving Loans Converted To Term Loans	0
Total	91,809	66,142
Classified \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	10,298
2019	2,239
2018	133
2017	1,367
2016	664
Prior	550
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	15,251	7,536
Classified \| Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	2,031
2019	34
2018	0
2017	0
2016	0
Prior	252
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	2,317	2,138
Classified \| 1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,473
2019	149
2018	137
2017	23
2016	11
Prior	49
Revolving Loans	105
Revolving Loans Converted To Term Loans	0
Total	1,947	1,740
Classified \| Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	994
2019	407
2018	403
2017	0
2016	22
Prior	590
Revolving Loans	925
Revolving Loans Converted To Term Loans	0
Total	3,341	10,094
Classified \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	8,128
2019	2,390
2018	983
2017	190
2016	4,470
Prior	2,787
Revolving Loans	10,296
Revolving Loans Converted To Term Loans	0
Total	29,244	29,091
Classified \| Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	39,454
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	39,454	15,212
Classified \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	146
2019	28
2018	18
2017	36
2016	11
Prior	16
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	255	331
Classified \| Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	0
Revolving Loans	0
Revolving Loans Converted To Term Loans	0
Total	$ 0	$ 0

Loans and Allowance for Cred_15

Loans and Allowance for Credit Losses - Schedule of Loans Modified as Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)loanReceivable	Dec. 31, 2019USD ($)loanReceivable	Dec. 31, 2018USD ($)loanReceivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 19,964	$ 7,105	$ 1,830
Number of Loans \| loanReceivable	29	14	15
Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 8,208	$ 1,762	$ 1,241
Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	11,756	153	589
AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	4,597	0
Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	593	0
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 727	$ 4,597	$ 589
Number of Loans \| loanReceivable	3	1	2
Commercial real estate \| Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0	$ 0	$ 0
Commercial real estate \| Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	727	0	589
Commercial real estate \| AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	4,597	0
Commercial real estate \| Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	0	0
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 989
Number of Loans \| loanReceivable	2
Construction, land development, land \| Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 8
Construction, land development, land \| Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	981
Construction, land development, land \| AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0
Construction, land development, land \| Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0
1-4 family residential properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 171	$ 38	$ 103
Number of Loans \| loanReceivable	1	2	2
1-4 family residential properties \| Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0	$ 0	$ 103
1-4 family residential properties \| Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	171	38	0
1-4 family residential properties \| AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	0	0
1-4 family residential properties \| Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	0	0
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 3,486		$ 263
Number of Loans \| loanReceivable	1		1
Farmland \| Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 3,486		$ 263
Farmland \| Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0		0
Farmland \| AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0		0
Farmland \| Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0		0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 14,591	$ 2,470	$ 875
Number of Loans \| loanReceivable	22	11	10
Commercial \| Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 4,714	$ 1,762	$ 875
Commercial \| Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	9,877	115	0
Commercial \| AB Note Restructure
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0	0	0
Commercial \| Extended Maturity and Reduced Interest Rate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0	$ 593	$ 0

Loans and Allowance for Cred_16

Loans and Allowance for Credit Losses - Summary of Amortized Cost of Loans Currently in Deferral (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 4,996,776	$ 4,194,512
Balance of Loans Currently in Deferral	$ 104,597
Percentage of Portfolio	2.00%
Accrued Interest Receivable	$ 726
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	779,158	1,046,961
Balance of Loans Currently in Deferral	$ 69,980
Percentage of Portfolio	9.00%
Accrued Interest Receivable	$ 357
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	219,647	160,569
Balance of Loans Currently in Deferral	$ 18,821
Percentage of Portfolio	9.00%
Accrued Interest Receivable	$ 183
1-4 family residential properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	157,147	179,425
Balance of Loans Currently in Deferral	$ 1,129
Percentage of Portfolio	1.00%
Accrued Interest Receivable	$ 15
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	103,685	154,975
Balance of Loans Currently in Deferral	$ 0
Percentage of Portfolio	0.00%
Accrued Interest Receivable	$ 0
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,562,957	1,342,683
Balance of Loans Currently in Deferral	$ 14,561
Percentage of Portfolio	1.00%
Accrued Interest Receivable	$ 166
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,120,770	619,986
Balance of Loans Currently in Deferral	$ 0
Percentage of Portfolio	0.00%
Accrued Interest Receivable	$ 0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	15,838	21,925
Balance of Loans Currently in Deferral	$ 106
Percentage of Portfolio	1.00%
Accrued Interest Receivable	$ 5
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,037,574	$ 667,988
Balance of Loans Currently in Deferral	$ 0
Percentage of Portfolio	0.00%
Accrued Interest Receivable	$ 0

Loans and Allowance for Cred_17

Loans and Allowance for Credit Losses - Schedule of Outstanding Contractually Required Principal and Interest and Carrying Amount of PCI Loans Receivable (Details) $ in Thousands	Dec. 31, 2019USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding contractually required principal and interest	$ 14,692
Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding contractually required principal and interest	14,015
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding contractually required principal and interest	677
Purchased Credit Impaired Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross carrying amount included in loans receivable	$ 12,675

Loans and Allowance for Cred_18

Loans and Allowance for Credit Losses - Schedule of Changes in Accretable Yield for the PCI Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Accretable yield, beginning balance	$ 5,711	$ 2,793
Additions	0	2,997
Accretion	(3,835)	(1,430)
Reclassification from nonaccretable to accretable yield	257	1,351
Disposals	(814)	0
Accretable yield, ending balance	$ 1,319	$ 5,711

Other Real Estate Owned - Sched

Other Real Estate Owned - Schedule of Other Real Estate Owned Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Real Estate Owned Valuation Allowance [Roll Forward]
Beginning balance	$ 3,009	$ 2,060	$ 9,191
Acquired through business acquisition	0	0	213
Loans transferred to OREO	1,150	3,360	514
Premises transferred to OREO	0	0	1,139
Net OREO gains (losses) and valuation adjustments	(616)	351	(514)
Sales of OREO	(2,111)	(2,762)	(8,483)
Ending balance	$ 1,432	$ 3,009	$ 2,060

Premises and Equipment - Schedu

Premises and Equipment - Schedule of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 134,318	$ 117,555
Accumulated depreciation	(30,914)	(20,960)
Premises and equipment, net	103,404	96,595
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	12,992	13,139
Buildings
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	51,377	50,525
Leasehold improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	25,203	21,842
Automobiles and aircraft
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	15,542	6,060
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 29,204	$ 25,989

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation	$ 10,720	$ 8,135	$ 5,720
Total lease liability	19,148	21,042
Operating lease right-of-use asset	$ 18,118	$ 21,066
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities	us-gaap:OtherLiabilities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets	us-gaap:OtherAssets
Remaining lease term	7 years 2 months 12 days	6 years 7 months 6 days
Discount rate (as a percent)	3.20%	3.40%
Rent expense			$ 3,229

Premises and Equipment - Sche_2

Premises and Equipment - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Operating lease cost	$ 5,290	$ 4,377
Short-term lease cost	0	0
Variable lease cost	422	333
Total lease cost	$ 5,712	$ 4,710

Premises and Equipment - Sche_3

Premises and Equipment - Schedule of Total Operating Lease Liability (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Within one year	$ 3,885
After one but within two years	3,810
After two but within three years	3,274
After three but within four years	3,046
After four but within five years	2,925
After five years	4,241
Total undiscounted cash flows	21,181
Discount on cash flows	(2,033)
Total lease liability	$ 19,148	$ 21,042

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 163,209	$ 158,743
Gross Carrying Amount	62,778	59,278
Accumulated Amortization	(36,065)	(27,735)
Net Carrying Amount	26,713	31,543
Core deposit intangibles
Goodwill And Intangible Assets [Line Items]
Gross Carrying Amount	43,578	43,578
Accumulated Amortization	(27,436)	(22,258)
Net Carrying Amount	16,142	21,320
Other intangible assets
Goodwill And Intangible Assets [Line Items]
Gross Carrying Amount	19,200	15,700
Accumulated Amortization	(8,629)	(5,477)
Net Carrying Amount	$ 10,571	$ 10,223

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Changes in Goodwill and Intangible Assets by Operating Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill and intangible assets, beginning	$ 190,286	$ 199,417	$ 63,778
Acquired goodwill	4,466		115,050
Acquired intangibles	3,500		28,002
Amortization of intangibles	(8,330)	(9,131)	(6,980)
Divestiture of intangibles			(433)
Goodwill and intangible assets, ending	189,922	190,286	199,417
Operating Segments \| Banking
Goodwill [Roll Forward]
Goodwill and intangible assets, beginning	129,272	135,477	54,910
Acquired goodwill	0		72,075
Acquired intangibles	0		14,069
Amortization of intangibles	(5,390)	(6,205)	(5,144)
Divestiture of intangibles			(433)
Goodwill and intangible assets, ending	123,882	129,272	135,477
Operating Segments \| Factoring
Goodwill [Roll Forward]
Goodwill and intangible assets, beginning	61,014	63,940	8,868
Acquired goodwill	4,466		42,975
Acquired intangibles	3,500		13,933
Amortization of intangibles	(2,940)	(2,926)	(1,836)
Divestiture of intangibles			0
Goodwill and intangible assets, ending	66,040	61,014	63,940
Operating Segments \| Corporate
Goodwill [Roll Forward]
Goodwill and intangible assets, beginning	0	0	0
Acquired goodwill	0		0
Acquired intangibles	0		0
Amortization of intangibles	0	0	0
Divestiture of intangibles			0
Goodwill and intangible assets, ending	$ 0	$ 0	$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Details)	12 Months Ended
	Dec. 31, 2020
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	8 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	10 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Future Amortization Related to Company's Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
2021	$ 7,399
2022	6,054
2023	4,771
2024	3,605
2025	2,472
Thereafter	2,412
Net Carrying Amount	$ 26,713	$ 31,543

Equity Method Investment - Addi

Equity Method Investment - Additional Information (Details) - Warehouse Solutions, Inc. - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Oct. 17, 2019
Schedule of Equity Method Investments [Line Items]
Equity method investments and warrants	$ 8,261	$ 8,037	$ 8,000
Equity method investment, ownership percentage			8.00%
Equity method investment, ownership percentage to be purchased through exercise of warrant			10.00%

Equity Method Investment - Summ

Equity Method Investment - Summary of Investment (Details) - Warehouse Solutions, Inc. - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Oct. 17, 2019
Schedule of Equity Method Investments [Line Items]
Common stock	$ 5,037	$ 4,813
Warrants	3,224	3,224
Total investment	$ 8,261	$ 8,037	$ 8,000

Variable Interest Entities - Su

Variable Interest Entities - Summary of Closed CLO Funds (Details) - Collateralized Loan Obligation Funds - USD ($) $ in Thousands	Jun. 20, 2017	Sep. 22, 2016	Jun. 02, 2016
Trinitas IV
Variable Interest Entity [Line Items]
Offering Amount			$ 406,650
Trinitas V
Variable Interest Entity [Line Items]
Offering Amount		$ 409,000
Trinitas VI
Variable Interest Entity [Line Items]
Offering Amount	$ 717,100

Variable Interest Entities - Ad

Variable Interest Entities - Additional Information - (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Variable Interest Entity [Line Items]
Securities - held to maturity	$ 5,919	$ 8,417
Collateralized Loan Obligation Funds
Variable Interest Entity [Line Items]
Securities - held to maturity	$ 5,919	$ 8,417

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gain (loss) to be reclassified within twelve months	$ 98
Derivative liability	0
Assets needed for immediate settlement	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Value by Balance Sheet Grouping (Details) - Interest Rate Swap - Other Assets - Designated as Hedging Instrument $ in Thousands	Dec. 31, 2020USD ($)
Derivative [Line Items]
Notional Amount	$ 200,000
Fair Value Total	$ 816

Derivative Financial Instrume_5

Derivative Financial Instruments - Effect on Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI Included Component	$ 623	$ 0	$ 0
Amount of Gain or (Loss) Reclassified from AOCI into Income Included Component	(26)	$ 0	$ 0
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI Included Component	623
Interest Rate Swap \| Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from AOCI into Income Included Component	$ 26

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deposits [Abstract]
Noninterest-bearing demand	$ 1,352,785	$ 809,696
Interest-bearing demand	688,680	580,323
Individual retirement accounts	92,584	104,472
Money market	393,325	497,105
Savings	421,488	363,270
Certificates of deposit	790,844	1,084,425
Brokered time deposits	516,786	350,615
Other brokered deposits	460,108	0
Total deposits	$ 4,716,600	$ 3,789,906

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Time Deposits, Including Certificates of Deposits, Individual Retirement Accounts and Brokered Deposits (Details) $ in Thousands	Dec. 31, 2020USD ($)
Deposits [Abstract]
Within one year	$ 1,258,609
After one but within two years	117,535
After two but within three years	15,462
After three but within four years	8,608
After four but within five years	0
Total	$ 1,400,214

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deposits [Abstract]
Time deposits	$ 164,441	$ 252,529

Borrowings and Borrowing Capa_3

Borrowings and Borrowing Capacity - Summary of Customer Repurchase Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Customer repurchase agreements	$ 3,099	$ 2,033
Weighted average interest rate at end of the year	0.03%	0.03%
Average daily balance during the year	$ 6,716	$ 7,823
Weighted average interest rate during the year	0.03%	0.02%
Maximum month-end balance during the year	$ 14,192	$ 14,463

Borrowings and Borrowing Capa_4

Borrowings and Borrowing Capacity - Summary of Customer Repurchase Agreements are Secured by Pledged Securities with Carrying Amount (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Pledged Securities	$ 73,056	$ 48,237
Customer Repurchase Agreements
Debt Instrument [Line Items]
Pledged Securities	4,987	2,997
Asset-backed Securities \| Customer Repurchase Agreements
Debt Instrument [Line Items]
Pledged Securities	4,987	0
US Government Agency Obligations \| Customer Repurchase Agreements
Debt Instrument [Line Items]
Pledged Securities	$ 0	$ 2,997

Borrowings and Borrowing Capa_5

Borrowings and Borrowing Capacity - Summary of FHLB Advances and Weighted Average Interest Rates by Contractual Maturity (Details) $ in Thousands	Dec. 31, 2020USD ($)
Debt Disclosure [Abstract]
2021, Balance Outstanding, Fixed Rate	$ 75,000
2027, Balance Outstanding, Fixed Rate	0
Total Balance Outstanding, Fixed Rate	$ 75,000
2021, Fixed Weighted Average Interest Rate	0.10%
2027, Fixed Weighted Average Interest Rate	0.00%
Total Fixed Weighted Average Interest Rate	0.10%
2021, Balance Outstanding, Variable Rate	$ 0
2027, Balance Outstanding, Variable Rate	30,000
Total Balance Outstanding, Variable Rate	$ 30,000
2021, Variable Weighted Average Interest Rate	0.00%
2027, Variable Weighted Average Interest Rate	0.33%
Total Variable Weighted Average Interest Rate	0.33%

Borrowings and Borrowing Capa_6

Borrowings and Borrowing Capacity - Summary of Information Concerning FHLB Advances (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Federal Home Loan Bank advances	$ 105,000,000	$ 430,000,000
Weighted average interest rate at end of the year	0.17%	1.58%
Average daily balance during the year	$ 342,264,000	$ 369,548,000
Weighted average interest rate during the year	0.58%	2.32%
Maximum month-end balance during the year	$ 850,000,000	$ 530,000,000

Borrowings and Borrowing Capa_7

Borrowings and Borrowing Capacity - Schedule of FHLB Advances (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
FHLB Advances, Borrowing capacity	$ 1,351,542	$ 1,300,985
FHLB Advances, Borrowings outstanding	105,000	430,000
FHLB Advances, Unused borrowing capacity	$ 1,246,542	$ 870,985

Borrowings and Borrowing Capa_8

Borrowings and Borrowing Capacity - Summary of Paycheck Protection Program Borrowings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Total	$ 191,860
Paycheck Protection Program
Debt Instrument [Line Items]
Total	$ 191,860
Weighted average interest rate at end of period	0.35%
Average amount outstanding during the period	$ 143,608
Weighted average interest rate during the period	0.35%
Highest month end balance during the period	$ 223,809

Borrowings and Borrowing Capa_9

Borrowings and Borrowing Capacity - PPP Maturity (Details) $ in Thousands	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Total	$ 191,860
Paycheck Protection Program
Debt Instrument [Line Items]
Within one year	0
After one but within two years	191,860
Total	$ 191,860

Borrowings and Borrowing Cap_10

Borrowings and Borrowing Capacity - Additional Information (Details) - USD ($)	Nov. 27, 2019	Sep. 30, 2016	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Federal funds purchased			$ 7
Unsecured federal funds line of credit			227,500,000
Subordinated notes, carrying values			87,509,000	$ 87,327,000
Junior subordinated debentures			40,072,000	39,566,000
Total			191,860,000
Paycheck Protection Program
Debt Instrument [Line Items]
Total			$ 191,860,000
Stated rate			0.35%
Federal Reserve Bank Discount Window Facility [Member]
Debt Instrument [Line Items]
Unused borrowing capacity, amount			$ 523,900,000
Loans pledged as collateral			711,172,000
Fixed-to-Floating Rate Subordinated Notes due 2026
Debt Instrument [Line Items]
Subordinated notes issued		$ 50,000,000
Initial interest rate		6.50%
Subordinated notes, carrying values			49,153,000	49,037,000
Issuance costs of notes		$ 1,324,000
Notes underwriting discount percentage		1.50%
Notes underwriting discount amount		$ 750,000
Fixed-to-Floating Rate Subordinated Notes due 2026 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate		5.345%
Fixed-to-Floating Rate Subordinated Notes due 2029
Debt Instrument [Line Items]
Subordinated notes issued	$ 39,500,000
Initial interest rate	4.875%
Subordinated notes, carrying values			$ 38,356,000	$ 38,290,000
Issuance costs of notes	$ 1,218,000
Notes underwriting discount percentage	1.50%
Notes underwriting discount amount	$ 593,000
Fixed-to-Floating Rate Subordinated Notes due 2029 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	3.33%

Borrowings and Borrowing Cap_11

Borrowings and Borrowing Capacity - Summary of Junior Subordinated Debentures (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Face Value	$ 51,031,000
Carrying Value	40,072,000	$ 39,566,000
National Bancshares Capital Trust II
Debt Instrument [Line Items]
Face Value	15,464,000
Carrying Value	$ 13,220,000
Interest Rate At December 31, 2020	3.22%
National Bancshares Capital Trust II \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	3.00%
National Bancshares Capital Trust III
Debt Instrument [Line Items]
Face Value	$ 17,526,000
Carrying Value	$ 12,975,000
Interest Rate At December 31, 2020	1.88%
National Bancshares Capital Trust III \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	1.64%
ColoEast Capital Trust I
Debt Instrument [Line Items]
Face Value	$ 5,155,000
Carrying Value	$ 3,611,000
Interest Rate At December 31, 2020	1.84%
ColoEast Capital Trust I \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	1.60%
ColoEast Capital Trust II
Debt Instrument [Line Items]
Face Value	$ 6,700,000
Carrying Value	$ 4,703,000
Interest Rate At December 31, 2020	2.03%
ColoEast Capital Trust II \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	1.79%
Valley Bancorp Statutory Trust I
Debt Instrument [Line Items]
Face Value	$ 3,093,000
Carrying Value	$ 2,879,000
Interest Rate At December 31, 2020	3.65%
Valley Bancorp Statutory Trust I \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	3.40%
Valley Bancorp Statutory Trust II
Debt Instrument [Line Items]
Face Value	$ 3,093,000
Carrying Value	$ 2,684,000
Interest Rate At December 31, 2020	2.98%
Valley Bancorp Statutory Trust II \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate	2.75%

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Retirement Benefits [Abstract]
Employer contribution towards compensation	100.00%
Compensation contributed percentage	4.00%
Compensation expenses	$ 2,519	$ 2,306	$ 1,838

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income tax expense:
Current									$ 22,766	$ 12,971	$ 14,091
Deferred									(2,080)	3,908	708
Change in valuation allowance for deferred tax asset									0	23	(7)
Income tax expense	$ 9,876	$ 6,929	$ 4,505	$ (624)	$ 5,322	$ 3,172	$ 3,927	$ 4,481	$ 20,686	$ 16,902	$ 14,792

Income Taxes - Summary of Effec

Income Taxes - Summary of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Tax provision computed at federal statutory rate									$ 17,789	$ 15,844	$ 13,965
State taxes, net									2,919	1,704	1,716
Bank-owned life insurance									(121)	(114)	(141)
Tax exempt interest									(250)	(442)	(436)
Change in valuation allowance for deferred tax asset									0	23	(7)
Other									349	(113)	(305)
Income tax expense	$ 9,876	$ 6,929	$ 4,505	$ (624)	$ 5,322	$ 3,172	$ 3,927	$ 4,481	$ 20,686	$ 16,902	$ 14,792

Income Taxes - Significant Comp

Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets
Federal net operating loss carryforwards	$ 4,067	$ 5,034
State net operating loss carryforwards	459	552
Acquired loan basis	(184)	450
Other real estate owned	64	44
AMT credit carryforward	0	714
Allowance for loan losses	24,317	6,828
Accrued liabilities	2,675	1,744
Lease liability	4,598	4,994
Other	2,181	1,925
Total deferred tax assets	38,177	22,285
Deferred tax liabilities
Goodwill and intangible assets	2,452	2,143
Fair value adjustment on junior subordinated debentures	2,449	2,564
Premises and equipment	10,767	6,142
Installment gain on sale of subsidiary	1,049	1,816
Lease right-of-use asset	4,172	4,815
Unrealized gain on securities available for sale	1,601	339
Derivative financial instruments	193	0
Indemnification asset	8,575	0
Other	214	376
Total deferred tax liabilities	31,472	18,195
Net deferred tax asset before valuation allowance	6,705	4,090
Valuation allowance	(278)	(278)
Net deferred tax asset	$ 6,427	$ 3,812

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
Income Taxes - Additional Information (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Line Items]
Operating loss carryforwards, expiration start year	2031
Operating loss carryforwards, expiration end year	2035
Federal alternative minimum tax credit carryforward	$ 0	$ 714,000
Tax credit carryforwards, annual limitation on use amount	3,696,000
Uncertain tax position	0	0
EJ Acquisition
Income Taxes [Line Items]
Tax credit carryforwards, annual limitation on use amount	341,000
NBI Acquisition
Income Taxes [Line Items]
Tax credit carryforwards, annual limitation on use amount	2,040,000
ColoEast Acquisition
Income Taxes [Line Items]
Tax credit carryforwards, annual limitation on use amount	1,906,000
Federal
Income Taxes [Line Items]
Operating loss carryforwards, net	19,365,000	23,970,000
State
Income Taxes [Line Items]
Operating loss carryforwards, net	$ 10,649,000	$ 13,340,000

Off-Balance Sheet Loan Commit_3

Off-Balance Sheet Loan Commitments - Summary of Financial Instruments with Off-Balance Sheet Risk - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Standby Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, off balance sheet risk, Fixed Rate	$ 5,464	$ 3,017
Financial instruments, off balance sheet risk, Variable Rate	8,429	3,781
Financial instruments, off balance sheet risk	13,893	6,798
Unused Lines of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, off balance sheet risk, Fixed Rate	43,406	49,057
Financial instruments, off balance sheet risk, Variable Rate	547,430	444,028
Financial instruments, off balance sheet risk	590,836	493,085
Commitments to Purchase Loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, off balance sheet risk, Fixed Rate	0	0
Financial instruments, off balance sheet risk, Variable Rate	66,373	22,004
Financial instruments, off balance sheet risk	66,373	22,004
Mortgage Warehouse Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, off balance sheet risk, Fixed Rate	0	0
Financial instruments, off balance sheet risk, Variable Rate	417,722	340,502
Financial instruments, off balance sheet risk	$ 417,722	$ 340,502

Off-Balance Sheet Loan Commit_4

Off-Balance Sheet Loan Commitments - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Credit loss expense	$ 2,448	$ 99	$ 37
Other Liabilities
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Credit loss, liability	$ 5,005
Allowance for credit losses on off-balance sheet credit exposure		$ 638

Fair Value Disclosures - Assets

Fair Value Disclosures - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Securities available for sale
Securities - available for sale	$ 224,310	$ 248,820
Equity securities
Equity securities, fair value	5,826	5,437
Indemnification asset	36,225	0
Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	224,310	248,820
Equity securities
Loans held for sale	24,546	2,735
Indemnification asset	36,225
Fair Value, Measurements, Recurring \| Interest Rate Swap
Derivative financial instruments (cash flow hedges)
Interest rate swap	816
Mutual fund \| Fair Value, Measurements, Recurring
Equity securities
Equity securities, fair value	5,826	5,437
U.S. Government agency obligations
Securities available for sale
Securities - available for sale	15,088	39,760
U.S. Government agency obligations \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	15,088	39,760
Mortgage-backed Securities, Residential
Securities available for sale
Securities - available for sale	27,684	7,959
Mortgage-backed Securities, Residential \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	27,684	38,016
Asset-backed Securities
Securities available for sale
Securities - available for sale	7,039	32,065
Asset-backed Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	7,039	7,959
State and Municipal
Securities available for sale
Securities - available for sale	37,395	75,273
State and Municipal \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	37,395	32,065
CLO Securities
Securities available for sale
Securities - available for sale	122,204
CLO Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	122,204	75,273
Corporate Bonds
Securities available for sale
Securities - available for sale	11,573	51,583
Corporate Bonds \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	11,573	51,583
Sba Pooled Securities
Securities available for sale
Securities - available for sale	3,327	4,164
Sba Pooled Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	3,327	4,164
ICC Contingent consideration \| Fair Value, Measurements, Recurring
Contingent Consideration
Fair value of consideration paid included contingent consideration		21,622
Level 1 \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Equity securities
Loans held for sale	0	0
Indemnification asset	0
Level 1 \| Fair Value, Measurements, Recurring \| Interest Rate Swap
Derivative financial instruments (cash flow hedges)
Interest rate swap	0
Level 1 \| Mutual fund \| Fair Value, Measurements, Recurring
Equity securities
Equity securities, fair value	5,826	5,437
Level 1 \| U.S. Government agency obligations \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| Mortgage-backed Securities, Residential \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| Asset-backed Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| State and Municipal \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| CLO Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| Corporate Bonds \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| Sba Pooled Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 1 \| ICC Contingent consideration \| Fair Value, Measurements, Recurring
Contingent Consideration
Fair value of consideration paid included contingent consideration		0
Level 2 \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	224,310	248,820
Equity securities
Loans held for sale	24,546	2,735
Indemnification asset	0
Level 2 \| Fair Value, Measurements, Recurring \| Interest Rate Swap
Derivative financial instruments (cash flow hedges)
Interest rate swap	816
Level 2 \| Mutual fund \| Fair Value, Measurements, Recurring
Equity securities
Equity securities, fair value	0	0
Level 2 \| U.S. Government agency obligations \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	15,088	39,760
Level 2 \| Mortgage-backed Securities, Residential \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	27,684	38,016
Level 2 \| Asset-backed Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	7,039	7,959
Level 2 \| State and Municipal \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	37,395	32,065
Level 2 \| CLO Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	122,204	75,273
Level 2 \| Corporate Bonds \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	11,573	51,583
Level 2 \| Sba Pooled Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	3,327	4,164
Level 2 \| ICC Contingent consideration \| Fair Value, Measurements, Recurring
Contingent Consideration
Fair value of consideration paid included contingent consideration		0
Level 3
Equity securities
Indemnification asset	36,225	0	$ 0	$ 0
Level 3 \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Equity securities
Loans held for sale	0	0
Indemnification asset	36,225
Level 3 \| Fair Value, Measurements, Recurring \| Interest Rate Swap
Derivative financial instruments (cash flow hedges)
Interest rate swap	0
Level 3 \| Mutual fund \| Fair Value, Measurements, Recurring
Equity securities
Equity securities, fair value	0	0
Level 3 \| U.S. Government agency obligations \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| Mortgage-backed Securities, Residential \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| Asset-backed Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| State and Municipal \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| CLO Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| Corporate Bonds \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	0	0
Level 3 \| Sba Pooled Securities \| Fair Value, Measurements, Recurring
Securities available for sale
Securities - available for sale	$ 0	0
Level 3 \| ICC Contingent consideration \| Fair Value, Measurements, Recurring
Contingent Consideration
Fair value of consideration paid included contingent consideration		$ 21,622

Fair Value Disclosures - Indemn

Fair Value Disclosures - Indemnification Asset (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Indemnification Asset [Roll Forward]
Beginning balance	$ 0
Ending balance	36,225	$ 0
Level 3
Indemnification Asset [Roll Forward]
Beginning balance	0	0	$ 0
Indemnification asset recognized in business combination	30,959	0	0
Change in fair value of indemnification asset recognized in earnings	5,266	0	0
Ending balance	$ 36,225	$ 0	$ 0

Fair Value Disclosures - Additi

Fair Value Disclosures - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jun. 02, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indemnification asset, expected cash payments to be received	$ 39,200,000
Discount rate	8.80%
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Consideration settlement payments	$ 22,000,000	$ 0	$ 0
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Selling and closing costs for loans as a percentage of appraised value	5.00%
Real estate selling and closing costs as a percentage of appraised value	5.00%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Selling and closing costs for loans as a percentage of appraised value	8.00%
Real estate selling and closing costs as a percentage of appraised value	8.00%
Interstate Capital Corporation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration		$ 22,000,000		$ 20,000,000
Contingent consideration fair value discount rate		1.70%
Interstate Capital Corporation \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Consideration settlement payments	$ 22,000,000
Interstate Capital Corporation \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Final contingent consideration payout				0
Contingent consideration				0
Interstate Capital Corporation \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Final contingent consideration payout				22,000,000
Contingent consideration				$ 22,000,000

Fair Value Disclosures - Reconc

Fair Value Disclosures - Reconciliation of Opening Balance to Closing Balance of Fair Value of Contingent Consideration (Details) - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 21,622	$ 20,745	$ 0
Contingent consideration recognized in business combination	0	0	20,000
Change in fair value of contingent consideration recognized in earnings	378	877	745
Consideration settlement payments	(22,000)	0	0
Ending balance	$ 0	$ 21,622	$ 20,745

Fair Value Disclosures - Fair V

Fair Value Disclosures - Fair Value of Assets Measured on Non-recurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	$ 49,950	$ 19,268
Collateral Dependent Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	824
Collateral Dependent Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Collateral Dependent Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	2,355
Collateral Dependent Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	41,065
Collateral Dependent Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	3
Collateral Dependent Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	5,107
Impaired Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		664
Impaired Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		2
Impaired Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		4,754
Impaired Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		12,762
Impaired Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		8
Impaired Loans \| PCI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		67
Impaired Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		534
Other real estate owned \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	114	89
Other real estate owned \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	273	388
Other real estate owned \| Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	209
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 1 \| Collateral Dependent Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Collateral Dependent Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Collateral Dependent Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Collateral Dependent Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Collateral Dependent Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Collateral Dependent Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 1 \| Impaired Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| PCI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Impaired Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 1 \| Other real estate owned \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 1 \| Other real estate owned \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 1 \| Other real estate owned \| Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 2 \| Collateral Dependent Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Collateral Dependent Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Collateral Dependent Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Collateral Dependent Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Collateral Dependent Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Collateral Dependent Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 2 \| Impaired Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| PCI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Impaired Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		0
Level 2 \| Other real estate owned \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 2 \| Other real estate owned \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0	0
Level 2 \| Other real estate owned \| Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	49,950	19,268
Level 3 \| Collateral Dependent Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	824
Level 3 \| Collateral Dependent Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	0
Level 3 \| Collateral Dependent Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	2,355
Level 3 \| Collateral Dependent Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	41,065
Level 3 \| Collateral Dependent Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	3
Level 3 \| Collateral Dependent Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	5,107
Level 3 \| Impaired Loans \| Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		664
Level 3 \| Impaired Loans \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		2
Level 3 \| Impaired Loans \| Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		4,754
Level 3 \| Impaired Loans \| Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		12,762
Level 3 \| Impaired Loans \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		8
Level 3 \| Impaired Loans \| PCI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		67
Level 3 \| Impaired Loans \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis		534
Level 3 \| Other real estate owned \| 1-4 family residential properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	114	89
Level 3 \| Other real estate owned \| Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	273	$ 388
Level 3 \| Other real estate owned \| Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value on a non-recurring basis	$ 209

Fair Value Disclosures - Estima

Fair Value Disclosures - Estimated Fair Value of Company's Financial Assets and Financial Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financial assets:
Cash and cash equivalents	$ 314,393	$ 197,880
Securities - held to maturity	5,919	8,417
Loans not previously presented, gross	4,953,399	4,170,604
FHLB and other restricted stock	6,751	19,860
Accrued interest receivable	19,435	20,322
Cash and cash equivalents	314,393	197,880
Securities - held to maturity	5,850	6,907
Loans not previously presented, gross	4,978,882	4,170,051
Accrued interest receivable	19,435	20,322
Financial liabilities:
Deposits	4,716,600	3,789,906
Customer repurchase agreements	3,099	2,033
Federal Home Loan Bank advances	105,000	430,000
Paycheck Protection Program Liquidity Facility	191,860
Subordinated notes	87,509	87,327
Junior subordinated debentures	40,072	39,566
Accrued interest payable	4,270	9,367
Deposits	4,719,625	3,793,603
Customer repurchase agreements	3,099	2,033
Federal Home Loan Bank advances	105,000	430,000
Paycheck Protection Program Liquidity Facility	191,860
Subordinated notes	89,413	93,877
Junior subordinated debentures	40,379	40,700
Accrued interest payable	4,270	9,367
Level 1
Financial assets:
Cash and cash equivalents	314,393	197,880
Securities - held to maturity	0	0
Loans not previously presented, gross	195,739	83,454
Accrued interest receivable	19,435	20,322
Financial liabilities:
Deposits	0	0
Customer repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Paycheck Protection Program Liquidity Facility	0
Subordinated notes	0	0
Junior subordinated debentures	0	0
Accrued interest payable	4,270	9,367
Level 2
Financial assets:
Cash and cash equivalents	0	0
Securities - held to maturity	0	0
Loans not previously presented, gross	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	4,719,625	3,793,603
Customer repurchase agreements	3,099	2,033
Federal Home Loan Bank advances	105,000	430,000
Paycheck Protection Program Liquidity Facility	191,860
Subordinated notes	89,413	93,877
Junior subordinated debentures	40,379	40,700
Accrued interest payable	0	0
Level 3
Financial assets:
Cash and cash equivalents	0	0
Securities - held to maturity	5,850	6,907
Loans not previously presented, gross	4,783,143	4,086,597
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
Customer repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Paycheck Protection Program Liquidity Facility	0
Subordinated notes	0	0
Junior subordinated debentures	0	0
Accrued interest payable	$ 0	$ 0

Related-Party Transactions - Sc

Related-Party Transactions - Schedule of Loans to Principal Officers, Directors, and their Affiliates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Related Party Transactions [Roll Forward]
Beginning balance	$ 39,651	$ 39,520
New loans and advances	500	952
Repayments and sales	(786)	(821)
Effect of changes in composition of related parties	(35,473)	0
Ending balance	$ 3,892	$ 39,651

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Loans transferred to loans held for sale	$ 185,823	$ 46,163	$ 9,781
Amount of deposits held	$ 30,294	$ 5,641

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Actual Capital Amounts and Ratios (Details) $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Triumph Bancorp Inc
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to Risk Weighted Assets) Actual Amount	$ 715,142	$ 604,832
Total Capital (to Risk Weighted Assets) Actual Ratio	0.130	0.128
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 440,087	$ 378,020
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.080	0.080
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 581,580	$ 487,775
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.106	0.103
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 329,196	$ 284,141
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.060	0.060
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 496,508	$ 448,209
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.090	0.095
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 248,254	$ 212,310
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	4.50%	4.50%
Tier 1 Capital (to Average Assets) Actual Amount	$ 581,580	$ 487,775
Tier 1 Capital (to Average Assets) Actual Ratio	0.108	0.100
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Amount	$ 215,400	$ 195,110
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Ratio	0.040	0.040
TBK Bank SSB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to Risk Weighted Assets) Actual Amount	$ 653,359	$ 555,213
Total Capital (to Risk Weighted Assets) Actual Ratio	0.121	0.120
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 431,973	$ 370,142
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.080	0.080
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 539,966	$ 462,678
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.100	0.100
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 608,737	$ 525,490
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.113	0.114
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 323,223	$ 276,574
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.060	0.060
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 430,964	$ 368,765
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.080	0.080
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 608,737	$ 525,490
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.113	0.114
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 242,417	$ 207,430
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	4.50%	4.50%
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 350,158	$ 299,621
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 Capital (to Average Assets) Actual Amount	$ 608,737	$ 525,490
Tier 1 Capital (to Average Assets) Actual Ratio	0.113	0.109
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Amount	$ 215,482	$ 192,840
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Ratio	0.040	0.040
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 269,353	$ 241,050
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.050	0.050

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Preferred Stock (Details) - Series C Preferred Stock - USD ($) $ / shares in Units, $ in Thousands	Jun. 19, 2020	Dec. 31, 2020
Class of Stock [Line Items]
Shares authorized (in shares)		51,750
Preferred stock issued (in shares)	45,000	45,000
Preferred stock outstanding (in shares)		45,000
Par value (in dollars per share)	$ 0.01	$ 0.01
Liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Liquidation preference		$ 45,000
Dividend rate	7.125%	7.125%

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) $ / shares in Units, $ in Thousands	Jun. 19, 2020USD ($)$ / sharesshares	Oct. 26, 2018USD ($)shares	Apr. 12, 2018USD ($)$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)shares	Oct. 16, 2019USD ($)
Class of Stock [Line Items]
Issuance of preferred stock, net of issuance costs				$ 42,364	$ 0	$ 0
Liquidation preference value						0
Stock issued during period (in shares) \| shares			5,405,000
Shares issued price per share (in dollars per share) \| $ / shares			$ 37.50
Gross proceeds from issuance of common stock			$ 202,688
Net proceeds after underwriting discounts and offering expenses			$ 192,053	$ 0	0	192,053
Shares repurchased into treasury stock (in shares) \| shares				871,319
Payments for repurchase of common stock				$ 35,772	$ 64,524	$ 398
Series C Preferred Stock
Class of Stock [Line Items]
Preferred stock issued (in shares) \| shares	45,000			45,000
Dividend rate	7.125%			7.125%
Par value (in dollars per share) \| $ / shares	$ 0.01			$ 0.01
Liquidation preference (in dollars per share) \| $ / shares	$ 1,000			1,000
Depositary shares (in shares) \| shares	1,800,000
Depositary shares, ownership interest	0.025
Proceeds from issuance of preferred stock, gross	$ 45,000
Issuance of preferred stock, net of issuance costs	$ 42,364
Series A Preferred Stock
Class of Stock [Line Items]
Number of preferred stock converted (in shares) \| shares		45,500
Liquidation preference value		$ 4,550
Preferred stock converted to common stock (in shares) \| shares		315,773
Conversion ratio - preferred to common		6.94008
Series B Preferred Stock
Class of Stock [Line Items]
Number of preferred stock converted (in shares) \| shares		51,076
Liquidation preference value		$ 5,108
Preferred stock converted to common stock (in shares) \| shares		354,463
Conversion ratio - preferred to common		6.94008
Share repurchase program
Class of Stock [Line Items]
Shares repurchased into treasury stock (in shares) \| shares					2,080,791	0
Average price of shares repurchased into treasury stock (in dollars per share) \| $ / shares				$ 40.81	$ 30.90
Payments for repurchase of common stock				$ 35,600	$ 64,366
Amount authorized under stock repurchase program							$ 50,000
Over-Allotment Option
Class of Stock [Line Items]
Stock issued during period (in shares) \| shares			705,000

Stockholders' Equity - Summar_2

Stockholders' Equity - Summary of Common Stock (Details) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Equity [Abstract]
Shares authorized (in shares)	50,000,000	50,000,000
Shares issues (in shares)	27,951,721	27,163,642
Treasury shares (in shares)	3,083,503	2,198,681
Shares outstanding (in shares)	24,868,218	24,964,961
Par value per share (in dollars per share)	$ 0.01	$ 0.01

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation	$ 4,618,000	$ 3,654,000	$ 2,735,000
2014 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for issuance (in shares)				2,000,000
2014 Omnibus Incentive Plan \| Restricted Stock Awards (RSAs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, fair value of shares vested	1,988,000	$ 1,466,000	$ 2,625,000
Total unrecognized compensation cost	$ 2,808,000
Weighted-average period to recognize cost	2 years 10 months 28 days
2014 Omnibus Incentive Plan \| Restricted Stock Awards (RSAs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	3 years
2014 Omnibus Incentive Plan \| Restricted Stock Awards (RSAs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	4 years
2014 Omnibus Incentive Plan \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	5 years
Weighted-average period to recognize cost	2 years 3 months 29 days
Total unrecognized compensation cost	$ 1,689,000
2014 Omnibus Incentive Plan \| Market Based Performance Stock Units (Market Based PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost	$ 1,598,000
Weighted-average period to recognize cost	2 years 2 months 15 days
2014 Omnibus Incentive Plan \| Market Based Performance Stock Units (Market Based PSUs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	3 years
Stock based compensation, award vesting percentage	0.00%
2014 Omnibus Incentive Plan \| Market Based Performance Stock Units (Market Based PSUs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	5 years
Stock based compensation, award vesting percentage	175.00%
2014 Omnibus Incentive Plan \| Performance Based Performance Stock Units (Performance Based PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation	$ 0
Stock based compensation, award vesting period	3 years
Weighted-average period to recognize cost	2 years
2014 Omnibus Incentive Plan \| Performance Based Performance Stock Units (Performance Based PSUs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting percentage	0.00%
2014 Omnibus Incentive Plan \| Performance Based Performance Stock Units (Performance Based PSUs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost	$ 19,275,000
Stock based compensation, award vesting percentage	200.00%
2014 Omnibus Incentive Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period	4 years
Weighted-average period to recognize cost	2 years 8 months 1 day
Total unrecognized compensation cost	$ 321,000
Employees stock options contractual terms	10 years
2019 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for issuance (in shares)		2,500,000
Purchase price of common stock, percentage		85.00%

Stock Based Compensation - Summ

Stock Based Compensation - Summary of Changes in Company's Nonvested Awards (Details)	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Restricted Stock Awards (RSAs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	148,349
Granted (in shares) \| shares	138,417
Vested (in shares) \| shares	(75,163)
Forfeited (in shares) \| shares	(6,067)
Ending balance (in shares) \| shares	205,536
Beginning balance (in dollars per share) \| $ / shares	$ 31.86
Granted (in dollars per share) \| $ / shares	26.54
Vested (in dollars per share) \| $ / shares	29.64
Forfeited (in dollars per share) \| $ / shares	29.44
Ending balance (in dollars per share) \| $ / shares	$ 29.17
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	55,228
Granted (in shares) \| shares	38,801
Vested (in shares) \| shares	0
Forfeited (in shares) \| shares	(4,316)
Ending balance (in shares) \| shares	89,713
Beginning balance (in dollars per share) \| $ / shares	$ 38.75
Granted (in dollars per share) \| $ / shares	26.25
Vested (in dollars per share) \| $ / shares	0
Forfeited (in dollars per share) \| $ / shares	38.75
Ending balance (in dollars per share) \| $ / shares	$ 33.34
Market Based Performance Stock Units (Market Based PSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	67,707
Granted (in shares) \| shares	22,220
Vested (in shares) \| shares	0
Forfeited (in shares) \| shares	(4,316)
Ending balance (in shares) \| shares	85,611
Beginning balance (in dollars per share) \| $ / shares	$ 37.71
Granted (in dollars per share) \| $ / shares	29.93
Vested (in dollars per share) \| $ / shares	0
Forfeited (in dollars per share) \| $ / shares	38.57
Ending balance (in dollars per share) \| $ / shares	$ 35.65
Performance Based Performance Stock Units (Performance Based PSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	254,000
Granted (in shares) \| shares	10,125
Vested (in shares) \| shares	0
Forfeited (in shares) \| shares	(7,500)
Ending balance (in shares) \| shares	256,625
Beginning balance (in dollars per share) \| $ / shares	$ 38.02
Granted (in dollars per share) \| $ / shares	26.25
Vested (in dollars per share) \| $ / shares	0
Forfeited (in dollars per share) \| $ / shares	38.02
Ending balance (in dollars per share) \| $ / shares	$ 37.56

Stock Based Compensation - Sche

Stock Based Compensation - Schedule of Market Based Performance Stock Units, Valuation Assumptions (Details) - Market Based Performance Stock Units (Market Based PSUs) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date	May 1, 2020	May 1, 2019
Performance period	3 years	3 years
Stock price (in dollars per share)	$ 26.25	$ 30.82
Triumph stock price volatility	43.02%	28.29%
Risk-free rate	0.25%	2.25%

Stock Based Compensation - Su_2

Stock Based Compensation - Summary of Changes in Company's Stock Options (Details) - Stock Options $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning balance (in shares) \| shares	225,055
Granted (in shares) \| shares	32,937
Exercised (in shares) \| shares	(29,121)
Forfeited (in shares) \| shares	(443)
Expired (in shares) \| shares	(442)
Ending balance (in shares) \| shares	227,986
Fully vested and shares expected to vest (in shares) \| shares	227,986
Shares exercisable (in shares) \| shares	145,253
Beginning balance (in dollars per shares) \| $ / shares	$ 24.10
Granted (in dollars per shares) \| $ / shares	24.66
Exercised (in dollars per shares) \| $ / shares	16.02
Forfeited (in dollars per shares) \| $ / shares	38.75
Expired (in dollars per shares) \| $ / shares	38.75
Ending balance (in dollars per shares) \| $ / shares	25.16
Fully vested shares and shares expected to vest (in dollars per shares) \| $ / shares	25.16
Shares exercisable (in dollars per shares) \| $ / shares	$ 22.49
Outstanding, weighed average remaining contractual term	6 years 10 months 20 days
Fully vested shares and shares expected to vest, weighed average remaining contractual term	6 years 10 months 20 days
Shares exercisable, weighed average remaining contractual term	6 years 2 months 4 days
Outstanding, aggregate intrinsic value \| $	$ 5,332
Fully vested shares and shares expected to vest, aggregate intrinsic value \| $	5,332
Shares exercisable, aggregate intrinsic value \| $	$ 3,785

Stock Based Compensation - Sc_2

Stock Based Compensation - Schedule of Information Related to Stock Options (Details) - Stock Options - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate intrinsic value of options exercised	$ 940	$ 155	$ 59
Cash received from option exercises	0	0	0
Tax benefit realized from option exercises	$ 197	$ 33	$ 12
Weighted average fair value of options granted (per share)	$ 8.85	$ 10.03	$ 13.22
Fair value of vested awards	$ 471	$ 465	$ 313

Stock Based Compensation - Fair

Stock Based Compensation - Fair Value of Stock Options Granted Using Weighted-Average Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.46%	2.33%	2.85%
Expected term	6 years 3 months	6 years 3 months	6 years 3 months
Expected stock price volatility	33.83%	27.46%	28.07%
Dividend yield	0.00%	0.00%	0.00%

Parent Company Only Condensed_3

Parent Company Only Condensed Financial Information - Condensed Parent Company Only Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 314,393	$ 197,880
Securities - held to maturity	5,919	8,417
Loans	4,901,037	4,165,420
Other assets	73,991	77,072
Total assets	5,935,791	5,060,297
LIABILITIES AND EQUITY
Subordinated notes	87,509	87,327
Junior subordinated debentures	40,072	39,566
Total liabilities	5,209,010	4,423,707
Stockholders' equity	726,781	636,590	$ 636,607	$ 391,698
Total liabilities and stockholders' equity	5,935,791	5,060,297
Parent Company
ASSETS
Cash and cash equivalents	51,183	35,914
Securities - held to maturity	5,919	8,417
Loans	0	719
Investment in bank subsidiary	793,938	713,348
Investment in non-bank subsidiaries	4,592	5,542
Other assets	866	1,174
Total assets	856,498	765,114
LIABILITIES AND EQUITY
Subordinated notes	87,509	87,327
Junior subordinated debentures	40,072	39,566
Intercompany payables	178	318
Accrued expenses and other liabilities	1,958	1,313
Total liabilities	129,717	128,524
Stockholders' equity	726,781	636,590
Total liabilities and stockholders' equity	$ 856,498	$ 765,114

Parent Company Only Condensed_4

Parent Company Only Condensed Financial Information - Condensed Parent Company Only Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Income Statements, Captions [Line Items]
Interest income	$ 89,939	$ 82,364	$ 74,398	$ 75,414	$ 81,171	$ 79,415	$ 77,303	$ 73,264	$ 322,115	$ 311,153	$ 262,976
Interest expense	(6,341)	(7,985)	(10,147)	(12,914)	(14,763)	(14,650)	(13,884)	(11,953)	(37,387)	(55,250)	(35,926)
Credit loss expense	(4,680)	258	(13,609)	(20,298)	(382)	(2,865)	(3,681)	(1,014)	(38,329)	(7,942)	(16,167)
Other income	22,386	10,493	10,271	7,477
Salaries and employee benefits expense									(126,975)	(112,862)	(90,212)
Other expense									(26,263)	(29,207)	(22,826)
Income tax (expense) benefit	(9,876)	(6,929)	(4,505)	624	(5,322)	(3,172)	(3,927)	(4,481)	(20,686)	(16,902)	(14,792)
Net income	32,130	22,904	13,440	(4,450)	16,709	14,317	12,730	14,788	64,024	58,544	51,708
Dividends on preferred stock	(802)	(899)	0	0	0	0	0	0	(1,701)	0	(578)
Net income to common stockholders	$ 31,328	$ 22,005	$ 13,440	$ (4,450)	$ 16,709	$ 14,317	$ 12,730	$ 14,788	62,323	58,544	51,130
Comprehensive income attributable to Parent									68,737	60,853	51,101
Parent Company
Condensed Income Statements, Captions [Line Items]
Interest income									270	1,163	2,014
Interest expense									(7,477)	(6,464)	(6,092)
Credit loss expense									(1,899)	83	8
Other income									(20)	(187)	5
Salaries and employee benefits expense									(606)	(613)	(523)
Other expense									(2,376)	(2,069)	(3,710)
Income (loss) before income tax and income from subsidiaries									(12,108)	(8,087)	(8,298)
Income tax (expense) benefit									2,631	193	1,049
Dividends from subsidiaries and equity in undistributed subsidiary income									73,501	66,438	58,957
Net income									64,024	58,544	51,708
Dividends on preferred stock									(1,701)	0	(578)
Net income to common stockholders									62,323	58,544	51,130
Comprehensive income attributable to Parent									$ 68,071	$ 60,853	$ 51,101

Parent Company Only Condensed_5

Parent Company Only Condensed Financial Information - Condensed Parent Company Only Statements of Cash Flows (Details) - USD ($) $ in Thousands	Apr. 12, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income		$ 64,024	$ 58,544	$ 51,708
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net accretion of securities		(129)	205	947
Amortization of junior subordinated debentures		506	483	460
Amortization of subordinated notes issuance costs		182	116	101
Stock based compensation		4,618	3,654	2,735
Change in other assets		12,215	(14,991)	(8,385)
Net cash provided by (used in) operating activities		97,327	72,450	73,830
Cash flows from investing activities:
Proceeds from maturities, calls, and pay downs of securities held to maturity		693	993	1,053
Net cash provided by (used in) investing activities		(774,737)	(520,372)	(268,307)
Cash flows from financing activities:
Proceeds from issuance of subordinated notes, net		0	38,282	0
Issuance of common stock, net of issuance costs	$ 192,053	0	0	192,053
Issuance of preferred stock, net of issuance costs		42,364	0	0
Dividends on preferred stock		(1,701)	0	(578)
Purchase of treasury stock		(35,772)	(64,524)	(398)
Stock option exercises		(227)	0	(4)
Net cash provided by (used in) financing activities		793,923	410,863	295,287
Net increase (decrease) in cash and cash equivalents		116,513	(37,059)	100,810
Cash and cash equivalents at beginning of period		197,880	234,939	134,129
Cash and cash equivalents at end of period		314,393	197,880	234,939
Parent Company
Cash flows from operating activities:
Net income		64,024	58,544	51,708
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in undistributed subsidiary income		(58,501)	(35,938)	(58,957)
Net accretion of securities		(221)	(923)	(983)
Amortization of junior subordinated debentures		506	483	460
Amortization of subordinated notes issuance costs		182	116	101
Stock based compensation		315	315	320
Credit loss expense		1,900	0	0
Change in other assets		337	2,438	1,273
Change in accrued expenses and other liabilities		505	(4,771)	(6,458)
Net cash provided by (used in) operating activities		9,047	20,264	(12,536)
Cash flows from investing activities:
Investment in subsidiaries		146	0	(59,038)
Proceeds from maturities, calls, and pay downs of securities held to maturity		693	993	1,053
Net change in loans		719	9,193	1,134
Cash used in acquisition of subsidiaries, net		0	0	(137,806)
Net cash provided by (used in) investing activities		1,558	10,186	(194,657)
Cash flows from financing activities:
Proceeds from issuance of subordinated notes, net		0	38,282	0
Issuance of common stock, net of issuance costs		0	0	192,053
Issuance of preferred stock, net of issuance costs		42,364	0	0
Dividends on preferred stock		(1,701)	0	(578)
Purchase of treasury stock		(35,772)	(64,524)	(398)
Stock option exercises		(227)	0	(4)
Net cash provided by (used in) financing activities		4,664	(26,242)	191,073
Net increase (decrease) in cash and cash equivalents		15,269	4,208	(16,120)
Cash and cash equivalents at beginning of period		35,914	31,706	47,826
Cash and cash equivalents at end of period		$ 51,183	$ 35,914	$ 31,706

Earnings Per Share - Factors Us

Earnings Per Share - Factors Used in Computation of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Basic
Net income to common stockholders	$ 31,328	$ 22,005	$ 13,440	$ (4,450)	$ 16,709	$ 14,317	$ 12,730	$ 14,788	$ 62,323	$ 58,544	$ 51,130
Weighted average common shares outstanding (in shares)									24,387,932	25,941,395	24,791,448
Basic earnings per common share (in dollars per share)	$ 1.27	$ 0.89	$ 0.56	$ (0.18)	$ 0.67	$ 0.56	$ 0.48	$ 0.55	$ 2.56	$ 2.26	$ 2.06
Diluted
Net income to common stockholders	$ 31,328	$ 22,005	$ 13,440	$ (4,450)	$ 16,709	$ 14,317	$ 12,730	$ 14,788	$ 62,323	$ 58,544	$ 51,130
Dilutive effect of preferred stock (in shares)									0	0	578
Net income to common stockholders - diluted									$ 62,323	$ 58,544	$ 51,708
Weighted average common shares outstanding (in shares)									24,387,932	25,941,395	24,791,448
Dilutive effects of:
Average shares and dilutive potential common shares (in shares)									24,615,816	26,060,005	25,480,513
Diluted earnings per common share (in dollars per share)	$ 1.25	$ 0.89	$ 0.56	$ (0.18)	$ 0.66	$ 0.56	$ 0.48	$ 0.55	$ 2.53	$ 2.25	$ 2.03
Stock Options
Dilutive effects of:
Stock based compensation (in shares)									64,104	63,808	84,126
Restricted Stock Awards
Dilutive effects of:
Stock based compensation (in shares)									86,498	47,242	52,851
Restricted Stock Units
Dilutive effects of:
Stock based compensation (in shares)									25,978	3,441	3,039
Market Based Performance Stock Units (Market Based PSUs)
Dilutive effects of:
Stock based compensation (in shares)									51,304	4,119	0
Performance Stock Units - Performance Based
Dilutive effects of:
Stock based compensation (in shares)									0	0	0
Series A Preferred Stock
Dilutive effects of:
Assumed conversion of shares (in shares)									0	0	258,674
Series B Preferred Stock
Dilutive effects of:
Assumed conversion of shares (in shares)									0	0	290,375

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Shares not Considered in Computing Diluted Earnings per Common Share (Details) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	64,947	66,019	51,952
Restricted Stock Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0	0
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0	0
Market Based Performance Stock Units (Market Based PSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	55,228	59,658
Performance Stock Units - Performance Based
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	256,625	254,000	0
Series A Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0	0
Series B Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0	0

Business Segment Information -

Business Segment Information - Banking Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Total interest income	$ 89,939	$ 82,364	$ 74,398	$ 75,414	$ 81,171	$ 79,415	$ 77,303	$ 73,264	$ 322,115	$ 311,153	$ 262,976
Intersegment interest allocations									0	0	0
Total interest expense	6,341	7,985	10,147	12,914	14,763	14,650	13,884	11,953	37,387	55,250	35,926
Net interest income	83,598	74,379	64,251	62,500	66,408	64,765	63,419	61,311	284,728	255,903	227,050
Credit loss expense	4,680	(258)	13,609	20,298	382	2,865	3,681	1,014	38,329	7,942	16,167
Net interest income after credit loss expense	78,918	74,637	50,642	42,202	66,026	61,900	59,738	60,297	246,399	247,961	210,883
Gain on sale of subsidiary or division	0	0	9,758	0					9,758	0	1,071
Other									50,627		21,899
Noninterest income	22,386	10,493	20,029	7,477	8,666	7,742	7,623	7,538	60,385	31,569	22,970
Noninterest expense	59,298	55,297	52,726	54,753	52,661	52,153	50,704	48,566	222,074	204,084	167,353
Net income before income tax expense	42,006	$ 29,833	$ 17,945	$ (5,074)	22,031	$ 17,489	$ 16,657	$ 19,269	84,710	75,446	66,500
Total assets	5,935,791				5,060,297				5,935,791	5,060,297
Financing receivable, before allowance for credit loss	4,996,776				4,194,512				4,996,776	4,194,512
Operating Segments \| Banking
Segment Reporting Information [Line Items]
Total interest income									212,452	211,742	170,871
Intersegment interest allocations									12,371	11,294	20,191
Total interest expense									29,911	48,786	29,834
Net interest income									194,912	174,250	161,228
Credit loss expense									20,389	5,533	12,373
Net interest income after credit loss expense									174,523	168,717	148,855
Gain on sale of subsidiary or division									9,758		1,071
Other									29,503		18,364
Noninterest income										26,875
Noninterest expense									163,995	148,620	119,283
Net income before income tax expense									49,789	46,972	49,007
Total assets	5,907,373				4,976,009				5,907,373	4,976,009
Financing receivable, before allowance for credit loss	4,872,494				4,108,735				4,872,494	4,108,735
Operating Segments \| Factoring
Segment Reporting Information [Line Items]
Total interest income									109,391	98,247	90,092
Intersegment interest allocations									(12,371)	(11,294)	(20,191)
Total interest expense									0	0	0
Net interest income									97,020	86,953	69,901
Credit loss expense									16,042	2,486	3,802
Net interest income after credit loss expense									80,978	84,467	66,099
Gain on sale of subsidiary or division									0		0
Other									21,010		3,483
Noninterest income										4,727
Noninterest expense									54,011	51,780	43,495
Net income before income tax expense									47,977	37,414	26,087
Total assets	1,121,704				662,002				1,121,704	662,002
Financing receivable, before allowance for credit loss	1,036,369				573,372				1,036,369	573,372
Operating Segments \| Corporate
Segment Reporting Information [Line Items]
Total interest income									272	1,164	2,013
Intersegment interest allocations									0	0	0
Total interest expense									7,476	6,464	6,092
Net interest income									(7,204)	(5,300)	(4,079)
Credit loss expense									1,898	(77)	(8)
Net interest income after credit loss expense									(9,102)	(5,223)	(4,071)
Gain on sale of subsidiary or division									0		0
Other									114		52
Noninterest income										(33)
Noninterest expense									4,068	3,684	4,575
Net income before income tax expense									(13,056)	(8,940)	$ (8,594)
Total assets	861,967				771,048				861,967	771,048
Financing receivable, before allowance for credit loss	800				1,519				800	1,519
Eliminations
Segment Reporting Information [Line Items]
Total assets	(1,955,253)				(1,348,762)				(1,955,253)	(1,348,762)
Financing receivable, before allowance for credit loss	$ (912,887)				$ (489,114)				$ (912,887)	$ (489,114)

Quarterly Financial Data (Una_3

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 89,939	$ 82,364	$ 74,398	$ 75,414	$ 81,171	$ 79,415	$ 77,303	$ 73,264	$ 322,115	$ 311,153	$ 262,976
Interest expense	6,341	7,985	10,147	12,914	14,763	14,650	13,884	11,953	37,387	55,250	35,926
Net interest income	83,598	74,379	64,251	62,500	66,408	64,765	63,419	61,311	284,728	255,903	227,050
Credit loss expense	4,680	(258)	13,609	20,298	382	2,865	3,681	1,014	38,329	7,942	16,167
Net interest income after credit loss expense	78,918	74,637	50,642	42,202	66,026	61,900	59,738	60,297	246,399	247,961	210,883
Gain on sale of subsidiary or division	0	0	9,758	0					9,758	0	1,071
Other noninterest income	22,386	10,493	10,271	7,477
Total noninterest income	22,386	10,493	20,029	7,477	8,666	7,742	7,623	7,538	60,385	31,569	22,970
Noninterest expense	59,298	55,297	52,726	54,753	52,661	52,153	50,704	48,566	222,074	204,084	167,353
Net income before income tax expense	42,006	29,833	17,945	(5,074)	22,031	17,489	16,657	19,269	84,710	75,446	66,500
Income tax expense	9,876	6,929	4,505	(624)	5,322	3,172	3,927	4,481	20,686	16,902	14,792
Net income	32,130	22,904	13,440	(4,450)	16,709	14,317	12,730	14,788	64,024	58,544	51,708
Dividends on preferred stock	(802)	(899)	0	0	0	0	0	0	(1,701)	0	(578)
Net income to common stockholders	$ 31,328	$ 22,005	$ 13,440	$ (4,450)	$ 16,709	$ 14,317	$ 12,730	$ 14,788	$ 62,323	$ 58,544	$ 51,130
Earnings per common share
Basic (in dollars per share)	$ 1.27	$ 0.89	$ 0.56	$ (0.18)	$ 0.67	$ 0.56	$ 0.48	$ 0.55	$ 2.56	$ 2.26	$ 2.06
Diluted (in dollars per share)	$ 1.25	$ 0.89	$ 0.56	$ (0.18)	$ 0.66	$ 0.56	$ 0.48	$ 0.55	$ 2.53	$ 2.25	$ 2.03