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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 16,512 $ 15,461 $ 14,722
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 1,318 629 2,193
Depreciation, amortization and accretion, net 4,442 3,960 4,661
Stock-based compensation expense 378 376 339
Gains on investment securities, net (452) (715) (2,293)
(Gain) Loss on sales of other real property owned, net (21) 33 32
Loss on write down of fixed assets 221 90 36
Gains on sale of loans held for sale, net (763) (621) (918)
Deferred income taxes 20 11 971
(Increase) decrease in accrued interest receivable (763) (214) 161
Increase (decrease) in accrued interest payable (54) 8 (64)
Origination of loans held for sale (56,091) (45,430) (65,172)
Proceeds from sale of loans held for sale 57,844 44,607 65,788
Decrease in other assets 169 306 3,805
Increase (decrease) in other liabilities (762) (724) 401
Net cash provided by operating activities 21,998 17,777 24,662
Cash flows from investing activities:      
Proceeds from maturities of certificates of deposit investments 1,245 0 6,665
Purchases of certificates of deposit investments (26,245) 0 0
Proceeds from sales of securities available-for-sale 19,380 75,618 69,665
Proceeds from maturities of securities held-to-maturity 103,481 57,133 134,300
Proceeds from maturities of securities available-for-sale 10,000 0 0
Purchases of securities available-for-sale (257,693) (63,540) (204,766)
Purchases of securities held-to-maturity (46,000) 0 0
Net increase in loans (68,958) (78,698) (73,203)
Purchases of premises and equipment (1,762) (1,178) (1,397)
Proceeds from sales of other real property owned 260 635 1,590
Cash received related to acquisition, net of cash and cash equivalents acquired 276,661 0 0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations 10,369 (10,030) (67,146)
Cash flows from financing activities:      
Net increase (decrease) in deposits 6,844 (15,539) 13,551
Increase in repurchase agreements 3,176 2,682 5,703
Proceeds from FHLB advances 5,000 10,000 36,000
Repayment of FHLB advances (5,000) (10,000) (21,000)
Proceeds from short-term debt 2,000 1,000 0
Repayment of short-term debt (2,000) (1,000) 0
Proceeds from issuance of common stock 28,222 25,123 1,303
Conversion of preferred stock 0 (24,635) 0
Purchase of treasury stock (1,066) (1,763) (4,619)
Dividends paid on preferred stock (2,002) (4,339) (4,050)
Dividends paid on common stock (3,487) (2,648) (2,014)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations 31,687 (21,119) 24,874
Increase (decrease) in cash and cash equivalents 64,054 (13,372) (17,610)
Cash and cash equivalents at beginning of period 51,730 65,102  
Cash and cash equivalents at end of period 115,784 51,730 65,102
Cash paid during the period for:      
Interest 3,428 3,244 3,599
Income taxes 7,796 9,336 7,657
Supplemental disclosures of noncash investing and financing activities      
Securities transferred from available-for-sale to held-to-maturity 0 53,594 0
Loans transferred to other real estate owned 458 344 1,046
Dividends reinvested in common stock 1,266 1,261 1,066
Net tax benefit related to option and deferred compensation plans $ 85 $ 101 $ 117