Condensed Financial Information (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Condensed Balance Sheet Of Parent Company Only

Condensed Balance Sheets 

	Year Ended December 31,
	2018		2017
Assets
Cash and cash equivalents	$	45,281	$	32,810
Investment in common stock of subsidiaries	274,158		223,008
Premises and equipment, net	6,158		6,576
Accrued income and other assets	1,554		3,114
Total assets	$	327,151	$	265,508
Liabilities and shareholders’ equity
Subordinated debt, net of unamortized discounts and debt issuance costs of $1,125 in 2018 and $1,274 in 2017	$	33,875	$	36,726
Note payable to the Bank	3,300		3,600
Accrued expenses and other liabilities	1,241		1,055
Total liabilities	38,416		41,381
Shareholders’ equity	288,735		224,127
Total liabilities and shareholders’ equity	$	327,151	$	265,508

Schedule Of Condensed Income Statement Of Parent Company Only

	Year Ended December 31,
	2018		2017
Assets
Cash and cash equivalents	$	45,281	$	32,810
Investment in common stock of subsidiaries	274,158		223,008
Premises and equipment, net	6,158		6,576
Accrued income and other assets	1,554		3,114
Total assets	$	327,151	$	265,508
Liabilities and shareholders’ equity
Subordinated debt, net of unamortized discounts and debt issuance costs of $1,125 in 2018 and $1,274 in 2017	$	33,875	$	36,726
Note payable to the Bank	3,300		3,600
Accrued expenses and other liabilities	1,241		1,055
Total liabilities	38,416		41,381
Shareholders’ equity	288,735		224,127
Total liabilities and shareholders’ equity	$	327,151	$	265,508

Condensed Statements of Income 

Comprehensive Income (Loss)

Condensed Statements of Comprehensive Income 

	Year Ended December 31,
	2018			2017		2016
Net income	$	21,900		$	15,226	$	12,074
Other comprehensive income
Net unrealized holding (losses) gains on securities available-for-sale recorded within other comprehensive income before income tax	(10,466		)	6,280		(12,315		)
Reclassification adjustment for losses (gains) realized	—			8		(177		)
Net unrealized holding gains on cash flow hedging derivatives recorded within other comprehensive income before income tax	(4,358		)	—		—
Other comprehensive (loss) income before tax	(14,824		)	6,288		(12,492		)
Income tax (benefit) provision	(4,365		)	2,039		(4,433		)
Other comprehensive (loss) income - net of tax	(10,459		)	4,249		(8,059		)
Comprehensive income	$	11,441		$	19,475	$	4,015

Schedule Of Condensed Cash Flow Statement Of Parent Company Only

Condensed Statements of Cash Flows 

	Year Ended December 31,
	2018			2017			2016
Operating activities
Net income	$	21,900		$	15,226		$	12,074
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net income of subsidiaries	(25,466		)	(17,989		)	(14,148		)
Depreciation and amortization	568			572			461
Share-based compensation expense	243			175			128
Net change in other assets	1,769			(1,453		)	(696		)
Net change in other liabilities	79			(326		)	870
Net cash used in operating activities	(907		)	(3,795		)	(1,311		)
Investing activities
Capital contribution to the Bank	(35,000		)	(42,000		)	(43,500		)
Purchase of premises and equipment	—			(148		)	(1,423		)
Net cash used in investing activities	(35,000		)	(42,148		)	(44,923		)
Financing activities
Cash dividends paid	(2,230		)	(1,675		)	(1,199		)
Net proceeds from issuance of subordinated debt	—			—			23,757
Repayment of subordinated debt	(3,000		)	—			—
Principal payment on loan from the Bank	(300		)	(400		)	—
Net proceeds from common stock issuance	54,334			51,636			46,223
Repurchase of common stock	(216		)	—			—
Other, net	(210		)	(173		)	(42		)
Net cash provided by financing activities	48,378			49,388			68,739
Net increase in cash and cash equivalents	12,471			3,445			22,505
Cash and cash equivalents at beginning of year	32,810			29,365			6,860
Cash and cash equivalents at end of year	$	45,281		$	32,810		$	29,365