Company Quick10K Filing
Allegiance Bancshares
Price33.59 EPS2
Shares22 P/E19
MCap725 P/FCF13
Net Debt-301 EBIT89
TEV425 TEV/EBIT5
TTM 2019-09-30, in MM, except price, ratios
10-Q 2020-09-30 Filed 2020-11-06
10-Q 2020-06-30 Filed 2020-07-31
10-Q 2020-03-31 Filed 2020-05-01
10-K 2019-12-31 Filed 2020-03-09
10-Q 2019-09-30 Filed 2019-11-01
10-Q 2019-06-30 Filed 2019-08-01
10-Q 2019-03-31 Filed 2019-05-06
10-K 2018-12-31 Filed 2019-03-11
10-Q 2018-09-30 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-03
10-Q 2018-03-31 Filed 2018-05-08
10-K 2017-12-31 Filed 2018-03-09
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-03-10
10-Q 2016-09-30 Filed 2016-11-10
10-Q 2016-06-30 Filed 2016-08-12
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-22
10-Q 2015-09-30 Filed 2015-11-20
8-K 2021-01-28 Earnings, Exhibits
8-K 2021-01-28 Exhibits
8-K 2020-10-29
8-K 2020-09-08
8-K 2020-07-30
8-K 2020-04-30
8-K 2020-04-23
8-K 2020-04-08
8-K 2020-02-27
8-K 2020-02-07
8-K 2020-01-30
8-K 2020-01-29
8-K 2019-10-25
8-K 2019-10-24
8-K 2019-09-27
8-K 2019-09-20
8-K 2019-09-20
8-K 2019-09-11
8-K 2019-07-26
8-K 2019-07-26
8-K 2019-04-26
8-K 2019-04-25
8-K 2019-02-04
8-K 2019-01-25
8-K 2019-01-24
8-K 2018-12-28
8-K 2018-11-21
8-K 2018-10-25
8-K 2018-09-28
8-K 2018-09-14
8-K 2018-07-26
8-K 2018-04-30
8-K 2018-04-27
8-K 2018-04-26
8-K 2018-01-25

ABTX 10Q Quarterly Report

Part I - Financial Information
Item 1. Interim Consolidated Financial Statements
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II - Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 3. Defaults Upon Senior Securities
Item 4. Mine Safety Disclosures
Item 5. Other Information
Item 6. Exhibits
EX-31.1 abtx-ex311_7.htm
EX-31.2 abtx-ex312_9.htm
EX-32.1 abtx-ex321_8.htm
EX-32.2 abtx-ex322_6.htm

Allegiance Bancshares Earnings 2020-09-30

Balance SheetIncome StatementCash Flow

abtx-10q_20200930.htm
0001642081 --12-31 2020 Q3 false true P2Y P1Y P5Y8M26D P5Y6M10D us-gaap:PropertyPlantAndEquipmentNet us-gaap:PropertyPlantAndEquipmentNet us-gaap:OtherLiabilities us-gaap:OtherLiabilities P4Y6M7D 0.0300 0.0180 P4Y P3Y7M2D P3Y5M19D 0001642081 2020-01-01 2020-09-30 xbrli:shares 0001642081 2020-11-03 iso4217:USD 0001642081 2020-09-30 0001642081 2019-12-31 iso4217:USD xbrli:shares 0001642081 2020-07-01 2020-09-30 0001642081 2019-07-01 2019-09-30 0001642081 2019-01-01 2019-09-30 0001642081 abtx:DepositAccountNonsufficientFundsFeeMember 2020-07-01 2020-09-30 0001642081 abtx:DepositAccountNonsufficientFundsFeeMember 2019-07-01 2019-09-30 0001642081 abtx:DepositAccountNonsufficientFundsFeeMember 2020-01-01 2020-09-30 0001642081 abtx:DepositAccountNonsufficientFundsFeeMember 2019-01-01 2019-09-30 0001642081 abtx:DepositAccountServiceChargeFeeMember 2020-07-01 2020-09-30 0001642081 abtx:DepositAccountServiceChargeFeeMember 2019-07-01 2019-09-30 0001642081 abtx:DepositAccountServiceChargeFeeMember 2020-01-01 2020-09-30 0001642081 abtx:DepositAccountServiceChargeFeeMember 2019-01-01 2019-09-30 0001642081 2019-06-30 0001642081 us-gaap:CommonStockMember 2019-06-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001642081 us-gaap:RetainedEarningsMember 2019-06-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0001642081 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001642081 2019-09-30 0001642081 us-gaap:CommonStockMember 2019-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001642081 us-gaap:RetainedEarningsMember 2019-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0001642081 2020-06-30 0001642081 us-gaap:CommonStockMember 2020-06-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2020-06-30 0001642081 us-gaap:RetainedEarningsMember 2020-06-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-06-30 0001642081 us-gaap:RetainedEarningsMember 2020-07-01 2020-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommonStockMember 2020-07-01 2020-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommonStockMember 2020-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2020-09-30 0001642081 us-gaap:RetainedEarningsMember 2020-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-09-30 0001642081 2018-12-31 0001642081 us-gaap:CommonStockMember 2018-12-31 0001642081 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001642081 us-gaap:RetainedEarningsMember 2018-12-31 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001642081 us-gaap:RetainedEarningsMember us-gaap:AccountingStandardsUpdate201708Member 2018-12-31 0001642081 us-gaap:AccountingStandardsUpdate201708Member 2018-12-31 0001642081 us-gaap:RetainedEarningsMember 2019-01-01 2019-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0001642081 us-gaap:CommonStockMember 2019-01-01 2019-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-09-30 0001642081 us-gaap:CommonStockMember 2019-12-31 0001642081 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001642081 us-gaap:RetainedEarningsMember 2019-12-31 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0001642081 us-gaap:RetainedEarningsMember 2020-01-01 2020-09-30 0001642081 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommonStockMember 2020-01-01 2020-09-30 0001642081 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-09-30 abtx:office 0001642081 abtx:HoustonMember 2020-09-30 0001642081 abtx:BeaumontMember 2020-09-30 abtx:Loan 0001642081 abtx:FirstPaymentDeferralsMember abtx:COVID19Member 2020-09-30 0001642081 abtx:AdditionalDeferralsMember abtx:COVID19Member 2020-09-30 0001642081 abtx:RemainingDeferralsMember abtx:COVID19Member 2020-09-30 0001642081 us-gaap:OilAndGasMember abtx:COVID19Member 2020-09-30 0001642081 abtx:HotelAndRestaurantsMember abtx:COVID19Member 2020-09-30 0001642081 abtx:BarMember abtx:COVID19Member 2020-09-30 xbrli:pure 0001642081 us-gaap:OilAndGasMember abtx:COVID19Member srt:MaximumMember 2020-01-01 2020-09-30 0001642081 us-gaap:AccountingStandardsUpdate201708Member us-gaap:RetainedEarningsMember 2020-09-30 0001642081 abtx:PostOakBancsharesIncMember 2018-10-01 2018-10-01 abtx:branch 0001642081 abtx:PostOakBancsharesIncMember 2018-10-01 0001642081 abtx:HoustonTexasMember abtx:PostOakBancsharesIncMember 2018-10-01 0001642081 abtx:BeaumontTXMember abtx:PostOakBancsharesIncMember 2018-10-01 0001642081 abtx:PostOakBancsharesIncMember 2018-09-28 0001642081 srt:MinimumMember abtx:PostOakBancsharesIncMember 2018-10-01 2018-10-01 0001642081 us-gaap:CommonStockMember abtx:PostOakBancsharesIncMember 2019-01-01 2019-09-30 0001642081 abtx:PostOakBancsharesIncMember 2019-01-01 2019-09-30 0001642081 abtx:PostOakBancsharesIncMember 2019-09-30 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:CommercialPortfolioSegmentMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:ConsumerPortfolioSegmentMember 2018-10-01 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:CommercialPortfolioSegmentMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:ConsumerPortfolioSegmentMember 2018-10-01 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-10-01 0001642081 us-gaap:CommercialPortfolioSegmentMember 2018-10-01 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2018-10-01 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2018-10-01 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2018-10-01 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2018-10-01 0001642081 2018-10-01 0001642081 abtx:PostOakBancsharesIncMember 2018-01-01 2018-12-31 0001642081 abtx:PostOakBancsharesIncMember 2019-01-01 2019-12-31 0001642081 abtx:LoweryBankMember 2019-02-01 2019-02-01 0001642081 abtx:LoweryBankMember 2019-02-01 0001642081 abtx:LoweryBankMember srt:MinimumMember 2019-02-01 2019-02-01 0001642081 abtx:LoweryBankMember 2019-01-01 2019-12-31 0001642081 2019-01-01 2019-12-31 0001642081 us-gaap:CoreDepositsMember 2018-12-31 0001642081 us-gaap:CoreDepositsMember 2019-01-01 2019-12-31 0001642081 us-gaap:CoreDepositsMember 2019-12-31 0001642081 us-gaap:CoreDepositsMember 2020-01-01 2020-09-30 0001642081 us-gaap:CoreDepositsMember 2020-09-30 0001642081 abtx:PostOakBancsharesIncMember 2019-01-01 2019-03-31 abtx:ReportingUnit 0001642081 abtx:PostOakBancsharesIncMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2020-09-30 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-09-30 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember 2020-09-30 0001642081 us-gaap:CollateralizedMortgageObligationsMember 2020-09-30 0001642081 us-gaap:CorporateDebtSecuritiesMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-12-31 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-12-31 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember 2019-12-31 0001642081 us-gaap:CollateralizedMortgageObligationsMember 2019-12-31 0001642081 us-gaap:CorporateDebtSecuritiesMember 2019-12-31 0001642081 us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 abtx:PurchasedCreditImpairedLoansMember 2020-09-30 0001642081 abtx:PurchasedCreditImpairedLoansMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember 2020-09-30 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 abtx:FinancingReceivables30To89DaysPastDueMember 2019-12-31 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2020-07-01 2020-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2020-07-01 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2020-07-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-07-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-07-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-07-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-07-01 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2019-07-01 2019-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2019-07-01 2019-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2019-07-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-07-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-07-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-07-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-07-01 2019-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2020-01-01 2020-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2020-01-01 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2020-01-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-01-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-01-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-01-01 2020-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-01-01 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2019-01-01 2019-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2019-01-01 2019-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2019-01-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-01-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-01-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-01-01 2019-09-30 0001642081 abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-01-01 2019-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0001642081 us-gaap:PassMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:PassMember abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:PassMember abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:PassMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:PassMember 2020-09-30 0001642081 abtx:WatchMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 abtx:WatchMember abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 abtx:WatchMember abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 abtx:WatchMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 abtx:WatchMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SpecialMentionMember 2020-09-30 0001642081 us-gaap:SubstandardMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:SubstandardMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:SubstandardMember 2020-09-30 0001642081 us-gaap:DoubtfulMember us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:MortgageWarehousePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:PaycheckProtectionProgramMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:DoubtfulMember us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:DoubtfulMember 2020-09-30 0001642081 us-gaap:PassMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:PassMember abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 us-gaap:PassMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:PassMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:PassMember 2019-12-31 0001642081 abtx:WatchMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 abtx:WatchMember abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 abtx:WatchMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 abtx:WatchMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 abtx:WatchMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SpecialMentionMember 2019-12-31 0001642081 us-gaap:SubstandardMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SubstandardMember abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 us-gaap:SubstandardMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:SubstandardMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:SubstandardMember 2019-12-31 0001642081 us-gaap:DoubtfulMember us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:DoubtfulMember abtx:MortgageWarehousePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 us-gaap:DoubtfulMember abtx:RealEstatePorfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:DoubtfulMember us-gaap:ConsumerPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:DoubtfulMember 2019-12-31 0001642081 us-gaap:CommercialPortfolioSegmentMember 2020-06-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2020-06-30 0001642081 abtx:PaycheckProtectionProgramMember 2020-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2020-06-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2020-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2020-07-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2019-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2019-06-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2019-06-30 0001642081 abtx:PaycheckProtectionProgramMember 2019-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2019-06-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2019-06-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2019-07-01 2019-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2019-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2019-09-30 0001642081 abtx:PaycheckProtectionProgramMember 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2019-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2019-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember 2018-12-31 0001642081 abtx:MortgageWarehousePortfolioSegmentMember 2018-12-31 0001642081 abtx:PaycheckProtectionProgramMember 2018-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2018-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2018-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2018-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2018-12-31 0001642081 us-gaap:ConsumerPortfolioSegmentMember 2018-12-31 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember 2019-01-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-01-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2019-01-01 2019-09-30 0001642081 us-gaap:CommercialRealEstatePortfolioSegmentMember abtx:ResidentialConstructionMember 2019-01-01 2019-09-30 abtx:contract 0001642081 abtx:TroubledDebtRestructuringsAddedInReportingPeriodMember 2020-09-30 0001642081 abtx:TroubledDebtRestructuringsAddedInReportingPeriodMember 2019-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember abtx:InitialDeferralsMember 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember abtx:InitialDeferralsMember 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember abtx:AdditionalDeferralsMember 2020-09-30 0001642081 us-gaap:CommercialPortfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateIncludingMultiFamilyResidentialButNotConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:CommercialRealEstateConstructionAndLandDevelopmentMember abtx:RealEstatePorfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember abtx:RealEstatePorfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:ResidentialConstructionMember abtx:RealEstatePorfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 us-gaap:ConsumerPortfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:MortgageWarehousePortfolioSegmentMember abtx:RemainingDeferralsMember 2020-09-30 0001642081 abtx:PaycheckProtectionProgramMember abtx:RemainingDeferralsMember 2020-09-30 abtx:BranchLocationandOfficeSpace 0001642081 srt:MaximumMember 2020-09-30 0001642081 srt:MinimumMember 2020-09-30 abtx:Property 0001642081 abtx:AllegianceBankMember 2019-09-30 0001642081 abtx:AllegianceBankMember 2019-07-01 2019-09-30 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-09-30 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel1Member 2020-09-30 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel2Member 2020-09-30 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2020-09-30 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-09-30 0001642081 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001642081 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2020-09-30 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 abtx:AgencyMortgageBackedPassThroughSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CollateralizedMortgageObligationsMember us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsRecurringMember 2019-09-30 0001642081 us-gaap:FairValueMeasurementsRecurringMember 2020-01-01 2020-09-30 0001642081 us-gaap:FairValueMeasurementsRecurringMember 2019-01-01 2019-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:OnetoFourFamilyResidentialIncludingHomeEquityMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:ResidentialConstructionMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member us-gaap:ConsumerPortfolioSegmentMember 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member 2020-09-30 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialPortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:CommercialRealEstateConstructionAndLandDevelopmentMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:ResidentialConstructionMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member abtx:PurchasedCreditImpairedLoansMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member abtx:PurchasedCreditImpairedLoansMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member abtx:PurchasedCreditImpairedLoansMember 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001642081 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001642081 srt:MinimumMember abtx:ImpairedLoansWithSpecificAllocationOfAllowanceMember 2020-01-01 2020-09-30 0001642081 srt:MaximumMember abtx:ImpairedLoansWithSpecificAllocationOfAllowanceMember 2020-01-01 2020-09-30 0001642081 us-gaap:FairValueInputsLevel3Member 2020-09-30 0001642081 us-gaap:FairValueInputsLevel3Member 2019-12-31 0001642081 abtx:RealEstateAcquiredThroughAcquisitionMember srt:MinimumMember 2020-01-01 2020-09-30 0001642081 abtx:RealEstateAcquiredThroughAcquisitionMember srt:MaximumMember 2020-01-01 2020-09-30 0001642081 us-gaap:CommercialRealEstateMember 2020-09-30 0001642081 us-gaap:ResidentialRealEstateMember 2020-09-30 0001642081 us-gaap:ResidentialRealEstateMember 2019-12-31 0001642081 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:OtherLiabilitiesMember 2020-01-01 2020-09-30 0001642081 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:OtherLiabilitiesMember 2020-09-30 0001642081 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:InterestRateSwapMember 2020-07-01 2020-09-30 0001642081 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:InterestRateSwapMember 2020-01-01 2020-09-30 0001642081 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-09-30 0001642081 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-07-01 2020-09-30 0001642081 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember us-gaap:ShortTermDebtMember 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember us-gaap:ShortTermDebtMember srt:WeightedAverageMember 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember abtx:ExpireInRemainingMonthOf2020Member 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember abtx:ExpireIn2021Member 2020-09-30 0001642081 srt:FederalHomeLoanBankOfDallasMember abtx:ExpireIn2022Member 2020-09-30 0001642081 abtx:AmendedRevolvingCreditAgreementMember abtx:CreditFacilityWithAnotherFinancialInstitutionMember 2018-12-28 0001642081 abtx:BorrowingAgreementMember us-gaap:PrimeRateMember 2020-01-01 2020-09-30 0001642081 abtx:BorrowingAgreementMember us-gaap:PrimeRateMember 2020-09-30 0001642081 abtx:AmendedRevolvingCreditAgreementMember 2020-01-01 2020-09-30 0001642081 us-gaap:RevolvingCreditFacilityMember 2020-09-30 0001642081 us-gaap:JuniorSubordinatedDebtMember abtx:FmBancsharesIncMember 2020-01-01 2020-09-30 0001642081 abtx:FmBancsharesIncMember us-gaap:JuniorSubordinatedDebtMember 2020-09-30 0001642081 abtx:FmBancsharesIncMember us-gaap:JuniorSubordinatedDebtMember 2015-01-01 0001642081 abtx:FarmersMerchantsCapitalTrustIiMember us-gaap:JuniorSubordinatedDebtMember 2020-01-01 2020-09-30 0001642081 abtx:FarmersMerchantsCapitalTrustIiiMember us-gaap:JuniorSubordinatedDebtMember 2020-01-01 2020-09-30 0001642081 abtx:FarmersMerchantsCapitalTrustIiMember us-gaap:JuniorSubordinatedDebtMember 2020-09-30 0001642081 abtx:FarmersMerchantsCapitalTrustIiiMember us-gaap:JuniorSubordinatedDebtMember 2020-09-30 0001642081 abtx:FarmersMerchantsCapitalTrustIiMember us-gaap:JuniorSubordinatedDebtMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-01-01 2020-09-30 0001642081 abtx:FarmersMerchantsCapitalTrustIiiMember us-gaap:JuniorSubordinatedDebtMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-01-01 2020-09-30 0001642081 us-gaap:JuniorSubordinatedDebtMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-09-30 0001642081 us-gaap:SubordinatedDebtMember abtx:FixedtoFloatingRateSubordinatedNotesMember 2017-12-31 0001642081 us-gaap:SubordinatedDebtMember abtx:FixedtoFloatingRateSubordinatedNotesMember 2017-12-01 2017-12-31 0001642081 us-gaap:SubordinatedDebtMember abtx:FixedtoFloatingRateSubordinatedNotesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-12-01 2017-12-31 0001642081 us-gaap:SubordinatedDebtMember abtx:FixedtoFloatingRateSubordinatedNotesMember 2019-09-30 0001642081 us-gaap:SubordinatedDebtMember abtx:FixedtoFloatingRateSubordinatedNotesMember 2019-09-01 2019-09-30 0001642081 abtx:FixedtoFloatingRateSubordinatedNotesMember us-gaap:SubordinatedDebtMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-09-01 2019-09-30 0001642081 us-gaap:EmployeeStockOptionMember 2020-09-30 0001642081 us-gaap:EmployeeStockOptionMember 2020-01-01 2020-09-30 0001642081 us-gaap:RestrictedStockMember 2020-01-01 2020-09-30 0001642081 us-gaap:RestrictedStockMember 2019-12-31 0001642081 us-gaap:RestrictedStockMember 2020-09-30 0001642081 us-gaap:PerformanceSharesMember 2020-01-01 2020-09-30 0001642081 us-gaap:PerformanceSharesMember 2019-01-01 2019-12-31 0001642081 us-gaap:PerformanceSharesMember 2020-09-30 0001642081 us-gaap:CommitmentsToExtendCreditMember 2020-09-30 0001642081 abtx:StandbyLettersOfCredit1Member 2020-09-30 0001642081 us-gaap:CommitmentsToExtendCreditMember 2019-12-31 0001642081 abtx:StandbyLettersOfCredit1Member 2019-12-31 0001642081 srt:MinimumMember 2019-12-31 0001642081 srt:MaximumMember 2019-12-31 0001642081 srt:WeightedAverageMember 2020-09-30 0001642081 srt:WeightedAverageMember 2019-12-31 0001642081 abtx:AllegianceBankMember 2020-09-30 0001642081 abtx:AllegianceBankMember 2019-12-31 0001642081 us-gaap:EmployeeStockOptionMember 2019-01-01 2019-09-30

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q

 

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED September 30, 2020

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE TRANSITION PERIOD FROM              TO

COMMISSION FILE NUMBER: 001-37585

 

Allegiance Bancshares, Inc.

(Exact name of registrant as specified in its charter)

 

 

Texas

26-3564100

(State or other jurisdiction

of incorporation or organization)

(I.R.S. Employer

Identification No.)

8847 West Sam Houston Parkway, N., Suite 200

Houston, Texas 77040

(Address of principal executive offices, including zip code)

(281) 894-3200

(Registrant’s telephone number, including area code)

 

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

 

 

 

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, par value, $1.00 per share

 

ABTX

 

NASDAQ Global Market

 

Securities registered pursuant to Section 12(g) of the Act:  None

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes     No 

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

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

 

Large accelerated filer

 

Accelerated filer

 

 

 

 

 

Non-accelerated filer

Smaller reporting company

 

 

 

 

Emerging growth company

 

 

 

 

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

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).      Yes      No  

As of November 3, 2020, the registrant had 20,447,510 shares common stock, $1.00 par value per share, outstanding.

 

 

 


 

ALLEGIANCE BANCSHARES, INC.

INDEX TO FORM 10-Q

September 30, 2020

PART I—FINANCIAL INFORMATION

 

 

 

 

Item 1.

Interim Consolidated Financial Statements

3

 

Consolidated Balance Sheets (unaudited)

3

 

Consolidated Statements of Income (unaudited)

4

 

Consolidated Statements of Comprehensive Income (unaudited)

5

 

Consolidated Statements of Changes in Shareholders' Equity (unaudited)

6

 

Consolidated Statements of Cash Flows (unaudited)

7

 

Condensed Notes to Interim Consolidated Financial Statements (unaudited)

8

Item 2.

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

38

Item 3.

Quantitative and Qualitative Disclosures about Market Risk

63

Item 4.

Controls and Procedures

64

 

 

PART II—OTHER INFORMATION

 

 

 

 

Item 1.

Legal Proceedings

65

Item 1A.

Risk Factors

65

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

67

Item 3.

Defaults upon Senior Securities

67

Item 4.

Mine Safety Disclosures

67

Item 5.

Other Information

67

Item 6.

Exhibits

68

Signatures

69

 

 

 

2


Table of Contents

PART I—FINANCIAL INFORMATION

ITEM 1. INTERIM CONSOLIDATED FINANCIAL STATEMENTS

ALLEGIANCE BANCSHARES, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

 

 

 

September 30

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

 

(Dollars in thousands, except share data)

 

ASSETS

 

 

 

 

 

 

 

 

Cash and due from banks

 

$

327,416

 

 

$

213,347

 

Interest-bearing deposits at other financial institutions

 

 

19,732

 

 

 

132,901

 

Total cash and cash equivalents

 

 

347,148

 

 

 

346,248

 

Available for sale securities, at fair value

 

 

663,301

 

 

 

372,545

 

Loans held for investment

 

 

4,592,362

 

 

 

3,915,310

 

Less: allowance for loan losses

 

 

(48,698

)

 

 

(29,438

)

Loans, net

 

 

4,543,664

 

 

 

3,885,872

 

Accrued interest receivable

 

 

36,996

 

 

 

15,468

 

Premises and equipment, net

 

 

69,887

 

 

 

66,790

 

Other real estate owned

 

 

8,876

 

 

 

8,337

 

Federal Home Loan Bank stock

 

 

9,716

 

 

 

6,242

 

Bank owned life insurance

 

 

27,542

 

 

 

27,104

 

Goodwill

 

 

223,642

 

 

 

223,642

 

Core deposit intangibles, net

 

 

18,907

 

 

 

21,876

 

Other assets

 

 

18,072

 

 

 

18,530

 

TOTAL ASSETS

 

$

5,967,751

 

 

$

4,992,654

 

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

LIABILITIES:

 

 

 

 

 

 

 

 

Deposits:

 

 

 

 

 

 

 

 

Noninterest-bearing

 

$

1,772,700

 

 

$

1,252,232

 

Interest-bearing

 

 

 

 

 

 

 

 

Demand

 

 

409,137

 

 

 

367,278

 

Money market and savings

 

 

1,483,370

 

 

 

1,258,008

 

Certificates and other time

 

 

1,252,159

 

 

 

1,190,583

 

Total interest-bearing deposits

 

 

3,144,666

 

 

 

2,815,869

 

Total deposits

 

 

4,917,366

 

 

 

4,068,101

 

Accrued interest payable

 

 

3,082

 

 

 

4,326

 

Borrowed funds

 

 

155,512

 

 

 

75,503

 

Subordinated debt

 

 

108,191

 

 

 

107,799

 

Other liabilities

 

 

30,547

 

 

 

27,060

 

Total liabilities

 

 

5,214,698

 

 

 

4,282,789

 

COMMITMENTS AND CONTINGENCIES (See Note 14)

 

 

 

 

 

 

 

 

SHAREHOLDERS’ EQUITY:

 

 

 

 

 

 

 

 

Preferred stock, $1 par value; 1,000,000 shares authorized; no

   shares issued or outstanding

 

 

 

 

 

 

Common stock, $1 par value; 80,000,000 shares authorized; 20,444,630 shares

   issued and outstanding at September 30, 2020 and 20,523,816 shares issued

   and outstanding at December 31, 2019

 

 

20,445

 

 

 

20,524

 

Capital surplus

 

 

516,151

 

 

 

521,066

 

Retained earnings

 

 

186,866

 

 

 

163,375

 

Accumulated other comprehensive income

 

 

29,591

 

 

 

4,900

 

Total shareholders’ equity

 

 

753,053

 

 

 

709,865

 

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

 

$

5,967,751

 

 

$

4,992,654

 

 

See condensed notes to interim consolidated financial statements.

 

3


Table of Contents

 

ALLEGIANCE BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

(Dollars in thousands, except per share data)

 

INTEREST INCOME:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans, including fees

$

56,418

 

 

$

55,790

 

 

$

167,463

 

 

$

165,995

 

Securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable

 

2,095

 

 

 

2,090

 

 

 

6,024

 

 

 

4,909

 

Tax-exempt

 

2,280

 

 

 

483

 

 

 

4,995

 

 

 

2,465

 

Deposits in other financial institutions

 

18

 

 

 

302

 

 

 

233

 

 

 

1,391

 

Total interest income

 

60,811

 

 

 

58,665

 

 

 

178,715

 

 

 

174,760

 

INTEREST EXPENSE:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Demand, money market and savings deposits

 

1,657

 

 

 

4,975

 

 

 

7,750

 

 

 

13,216

 

Certificates and other time deposits

 

5,239

 

 

 

6,909

 

 

 

17,168

 

 

 

20,173

 

Borrowed funds

 

558

 

 

 

1,183

 

 

 

1,626

 

 

 

4,128

 

Subordinated debt

 

1,448

 

 

 

761

 

 

 

4,390

 

 

 

2,232

 

Total interest expense

 

8,902

 

 

 

13,828

 

 

 

30,934

 

 

 

39,749

 

NET INTEREST INCOME

 

51,909

 

 

 

44,837

 

 

 

147,781

 

 

 

135,011

 

Provision for loan losses

 

1,347

 

 

 

2,597

 

 

 

23,006

 

 

 

5,006

 

Net interest income after provision for loan losses

 

50,562

 

 

 

42,240

 

 

 

124,775

 

 

 

130,005

 

NONINTEREST INCOME:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonsufficient funds fees

 

75

 

 

 

168

 

 

 

304

 

 

 

469

 

Service charges on deposit accounts

 

325

 

 

 

379

 

 

 

1,125

 

 

 

1,069

 

Gain on sale of securities

 

 

 

 

 

 

 

287

 

 

 

846

 

Gain (loss) on sale of other real estate and

   other repossessed assets

 

117

 

 

 

 

 

 

(258

)

 

 

71

 

Bank owned life insurance income

 

144

 

 

 

153

 

 

 

438

 

 

 

467

 

Rebate from correspondent bank

 

98

 

 

 

900

 

 

 

680

 

 

 

2,680

 

Other

 

1,091

 

 

 

1,289

 

 

 

3,561

 

 

 

4,421

 

Total noninterest income

 

1,850

 

 

 

2,889

 

 

 

6,137

 

 

 

10,023

 

NONINTEREST EXPENSE:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and employee benefits

 

20,034

 

 

 

20,221

 

 

 

59,149

 

 

 

59,320

 

Net occupancy and equipment

 

2,057

 

 

 

1,973

 

 

 

5,890

 

 

 

6,139

 

Depreciation

 

946

 

 

 

822

 

 

 

2,697

 

 

 

2,331

 

Data processing and software amortization

 

2,125

 

 

 

2,058

 

 

 

5,885

 

 

 

5,390

 

Professional fees

 

756

 

 

 

667

 

 

 

2,129

 

 

 

1,793

 

Regulatory assessments and FDIC insurance

 

875

 

 

 

(41

)

 

 

2,116

 

 

 

1,489

 

Core deposit intangibles amortization

 

989

 

 

 

1,178

 

 

 

2,969

 

 

 

3,534

 

Communications

 

355

 

 

 

455

 

 

 

1,162

 

 

 

1,353

 

Advertising

 

327

 

 

 

449

 

 

 

1,218

 

 

 

1,770

 

Other real estate expense

 

2,017

 

 

 

137