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Loans (Tables)
 12 Months Ended
Dec. 31, 2017
Receivables [Abstract]  
Schedule of components of loans held for investment
The following table presents the composition of the loan portfolio as of the dates indicated:
 
For the Years Ended December 31,
 
2017
 
2016
 
(dollars in thousands)
Business Loans
 
 
 
Commercial and industrial
$
1,086,659

 
$
563,169

Franchise
660,414

 
459,421

Commercial owner occupied
1,289,213

 
454,918

SBA
185,514

 
88,994

Agribusiness
116,066

 
—

Total business loans
3,337,866

 
1,566,502

Real Estate Loans
 

 
 

Commercial non-owner occupied
1,243,115

 
586,975

Multi-family
794,384

 
690,955

One-to-four family
270,894

 
100,451

Construction
282,811

 
269,159

Farmland
145,393

 
—

Land
31,233

 
19,829

Total real estate loans
2,767,830

 
1,667,369

Consumer Loans
 
 
 
Consumer loans
92,931

 
4,112

Gross loans held for investment
6,198,627

 
3,237,983

Plus: Deferred loan origination costs/(fees) and premiums/(discounts), net
(2,159
)
 
3,630

Loans held for investment
6,196,468

 
3,241,613

Allowance for loan losses
(28,936
)
 
(21,296
)
Loans held for investment, net
$
6,167,532

 
$
3,220,317

 
 
 
 
Loans held for sale, at lower of cost or fair value
$
23,426

 
$
7,711
Summary of Company's investment in purchased credit impaired loans
The carrying amount of those loans at December 31, 2017, and 2016 was as follows: 
 
For the Years Ended December 31,
 
2017
 
2016
 
(dollars in thousands)
Business Loans
 
 
 
Commercial and industrial
$
3,310

 
$
2,586

Commercial owner occupied
1,262

 
491

SBA
1,802

 
—

Total business loans
6,374

 
3,077

Real Estate Loans
 

 
 
Commercial non-owner occupied
1,650

 
1,088

One-to-four family
255

 
1

Construction
517

 
—

Land
83

 
—

Total real estate loans
2,505

 
1,089

Consumer Loans
 
 
 
Consumer loans
10

 
393

Total purchase credit impaired
$
8,889

 
$
4,559
Summary of accretable yield on purchased credit impaired
The following table summarizes the accretable yield on the purchased credit impaired for the years ended December 31, 2017, 2016 and 2015:
 
 
For the Years Ended December 31,
 
2017
 
2016
 
2015
 
(dollars in thousands)
Balance at the beginning of period
$
3,747

 
$
2,726

 
$
1,403

Additions
3,102

 
788

 
602

Accretion
(2,037
)
 
(1,354
)
 
(385
)
Payoffs
(2,125
)
 
165

 
(249
)
Reclassification from nonaccretable difference
332

 
1,422

 
1,355

Balance at the end of period
$
3,019

 
$
3,747

 
$
2,726
Summary of Company's investment in impaired loans
The following tables provide a summary of the Company’s investment in impaired loans as of and for the periods indicated:
 
 
 
 
 
 
Impaired Loans
 
 
 
 
 
 
 
 
Recorded Investment
 
Unpaid Principal Balance
 
With Specific Allowance
 
Without Specific Allowance
 
Specific Allowance for Impaired Loans
 
Average Recorded Investment
 
Interest Income Recognized
 
 
(dollars in thousands)
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Business Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
1,160

 
$
1,585

 
$
—

 
$
1,160

 
$
—

 
$
441

 
$
—

Commercial owner occupied
 
97

 
98

 
97

 
—

 
55

 
153

 
—

SBA
 
1,201

 
4,329

 
—

 
1,201

 
—

 
434

 
—

Real Estate Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial non-owner occupied
 
—

 
—

 
—

 
—

 
—

 
86

 
—

One-to-four family
 
817

 
849

 
—

 
817

 
—

 
166

 
—

Construction
 
—

 
—

 
—

 
—

 
—

 
1,017

 
—

Land
 
9

 
35

 
—

 
9

 
—

 
12

 
—

Totals
 
$
3,284

 
$
6,896

 
$
97

 
$
3,187

 
$
55

 
$
2,309

 
$
—

December 31, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Business Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
250

 
$
1,990

 
$
250

 
$
—

 
$
250

 
$
864

 
$
76

Franchise
 
—

 
—

 
—

 
—

 
—

 
1,016

 
68

Commercial owner occupied
 
436

 
847

 
—

 
436

 
—

 
505

 
37

SBA
 
316

 
3,865

 
—

 
316

 
—

 
331

 
23

Real Estate Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial non-owner occupied
 
—

 
—

 
—

 
—

 
—

 
1,072

 
93

One-to-four family
 
124

 
291

 
—

 
124

 
—

 
226

 
18

Land
 
15

 
36

 
—

 
15

 
—

 
18

 
2

Totals
 
$
1,141

 
$
7,029

 
$
250

 
$
891

 
$
250

 
$
4,032

 
$
317

December 31, 2015
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Business Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
313

 
$
578

 
$
—

 
$
313

 
$
—

 
$
90

 
$
29

Franchise
 
1,630

 
2,394

 
1,461

 
169

 
731

 
1,386

 
3

Commercial owner occupied
 
536

 
883

 
—

 
536

 
—

 
415

 
67

Real Estate Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial non-owner occupied
 
214

 
329

 
—

 
214

 
—

 
430

 
19

One-to-four family
 
70

 
98

 
—

 
70

 
—

 
204

 
5

Land
 
21

 
37

 
—

 
21

 
—

 
13

 
—

Totals
 
$
2,784

 
$
4,319

 
$
1,461

 
$
1,323

 
$
731

 
$
2,538

 
$
123
Summary of loan portfolio by the Company's internal risk grading system
The following tables stratify the loan portfolio by the Company’s internal risk grading system as well as certain other information concerning the credit quality of the loan portfolio as of the periods indicated:

 
 
Credit Risk Grades
 
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Total Gross
Loans
December 31, 2017
 
(dollars in thousands)
Business Loans
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
1,063,452

 
$
8,163

 
$
15,044

 
$
—

 
$
1,086,659

Franchise
 
660,415

 
—

 
—

 
—

 
660,415

Commercial owner occupied
 
1,273,380

 
654

 
21,180

 
—

 
1,295,214

SBA
 
199,468

 
1

 
3,469

 
—

 
202,938

Agribusiness
 
108,143

 
4,079

 
3,844

 
—

 
116,066

Real Estate Loans
 
 

 
 

 
 

 
 

 
 
Commercial non-owner occupied
 
1,242,045

 
—

 
1,070

 
—

 
1,243,115

Multi-family
 
794,156

 
—

 
228

 
—

 
794,384

One-to-four family
 
268,776

 
154

 
1,964

 
—

 
270,894

Construction
 
282,294

 
517

 
—

 
—

 
282,811

Farmland
 
144,234

 
44

 
1,115

 
—

 
145,393

Land
 
30,979

 
—

 
254

 
—

 
31,233

Consumer Loans
 
 
 
 
 
 
 
 
 
 
Consumer loans
 
92,794

 
—

 
137

 
—

 
92,931

Totals
 
$
6,160,136

 
$
13,612

 
$
48,305

 
$
—

 
$
6,222,053

 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Risk Grades
 
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Total Gross
Loans
December 31, 2016
 
(dollars in thousands)
Business Loans
 
 

 
 

 
 

 
 

 
 
Commercial and industrial
 
$
550,919

 
$
8,216

 
$
3,784

 
$
250

 
$
563,169

Franchise
 
459,421

 
—

 
—

 
—

 
459,421

Commercial owner occupied
 
450,416

 
281

 
4,221

 
—

 
454,918

SBA
 
96,190

 
53

 
462

 
—

 
96,705

Real Estate Loans
 
 

 
 

 
 

 
 
 
 
Commercial non-owner occupied
 
585,093

 
810

 
1,072

 
—

 
586,975

Multi-family
 
681,942

 
6,610

 
2,403

 
—

 
690,955

One-to-four family
 
100,010

 
—

 
441

 
—

 
100,451

Construction
 
269,159

 
—

 
—

 
—

 
269,159

Land
 
19,814

 
—

 
15

 
—

 
19,829

Consumer Loans
 
 
 
 
 
 
 
 
 
 
Consumer loans
 
3,719

 
—

 
393

 
—

 
4,112

Totals
 
$
3,216,683

 
$
15,970

 
$
12,791

 
$
250

 
$
3,245,694
Schedule of credit quality of the loan portfolio
 
 
 
 
Days Past Due
 
 
 
 
 
 
Current
 
30-59
 
60-89
 
90+
 
Total Gross Loans
 
Non-accruing
December 31, 2017
 
(dollars in thousands)
Business Loans
 
 
 
 

 
 

 
 

 
 
 
 
Commercial and industrial
 
$
1,085,770

 
$
84

 
$
570

 
$
235

 
$
1,086,659

 
$
1,160

Franchise
 
660,415

 
—

 
—

 
—

 
660,415

 
—

Commercial owner occupied
 
1,291,254

 
3,474

 
486

 
—

 
1,295,214

 
97

SBA
 
200,821

 
177

 
—

 
1,940

 
202,938

 
1,201

Agribusiness
 
116,066

 
—

 
—

 
—

 
116,066

 
—

Real Estate Loans
 
 

 
 

 
 

 
 

 
 

 
 

Commercial non-owner occupied
 
1,243,115

 
—

 
—

 
—

 
1,243,115

 
—

Multi-family
 
792,603

 
1,781

 
—

 
—

 
794,384

 
—

One-to-four family
 
269,725

 
354

 
—

 
815

 
270,894

 
817

Construction
 
282,811

 
—

 
—

 
—

 
282,811

 
—

Farmland
 
145,393

 
—

 
—

 
—

 
145,393

 
—

Land
 
31,141

 
83

 
—

 
9

 
31,233

 
9

Consumer Loans
 
 
 
 
 
 
 
 
 
 
 
 
Consumer loans
 
92,880

 
11

 
—

 
40

 
92,931

 
—

Totals
 
$
6,211,994

 
$
5,964

 
$
1,056

 
$
3,039

 
$
6,222,053

 
$
3,284

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
Days Past Due
 
 

 
 

 
 
Current
 
30-59
 
60-89
 
90+
 
Total Gross Loans
 
Non-accruing
December 31, 2016
 
(dollars in thousands)
Business Loans
 
 

 
 

 
 

 
 
 
 

 
 

Commercial and industrial
 
$
562,805

 
$
104

 
$
—

 
$
260

 
$
563,169

 
$
250

Franchise
 
459,421

 
—

 
—

 
—

 
459,421

 
—

Commercial owner occupied
 
454,918

 
—

 
—

 
—

 
454,918

 
436

SBA
 
96,389

 
—

 
—

 
316

 
96,705

 
316

Real Estate Loans
 
 

 
 

 
 

 
 

 
 

 
 

Commercial non-owner occupied
 
586,975

 
—

 
—

 
—

 
586,975

 
—

Multi-family
 
690,955

 
—

 
—

 
—

 
690,955

 
—

One-to-four family
 
100,314

 
18

 
71

 
48

 
100,451

 
124

Construction
 
269,159

 
—

 
—

 
—

 
269,159

 
—

Land
 
19,814

 
—

 
—

 
15

 
19,829

 
15

Consumer Loans
 
 
 
 
 
 
 
 
 
 
 
 
Consumer loans
 
4,112

 
—

 
—

 
—

 
4,112

 
—

Totals
 
$
3,244,862

 
$
122

 
$
71

 
$
639

 
$
3,245,694

 
$
1,141