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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 9,735 $ 8,195
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 846 408
Depreciation, amortization and accretion, net 3,566 1,820
Life Insurance, Corporate or Bank Owned, Change in Value (183) 0
Stock-based compensation expense 178 175
Gains on investment securities, net (664) (230)
Gain on sales of other real property owned, net (22) (18)
Gain (Loss) on Disposition of Property Plant Equipment 653 0
Loss on write down of fixed assets 24 78
Gains on sale of loans held for sale, net (382) (397)
Decrease in accrued interest receivable 786 784
Increase in accrued interest payable 29 17
Origination of loans held for sale (29,111) (29,612)
Proceeds from sale of loans held for sale 29,115 29,391
Increase in other assets (2,329) (2,768)
(Decrease) increase in other liabilities 271 (761)
Net cash provided by operating activities 12,512 7,082
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit investments 7,651 0
Purchases of certificates of deposit investments 12,958 0
Proceeds from sales of securities available-for-sale 38,241 9,453
Purchases of securities held-to-maturity 29,993 10,000
Proceeds from maturities of securities available-for-sale 50,952 33,854
Purchases of securities available-for-sale (64,681) (88,002)
Purchases of securities held-to-maturity (56,565) 0
Net (increase) decrease in loans (33,294) 3,672
Proceeds from Sale of Property, Plant, and Equipment 147 0
Purchases of premises and equipment (280) (860)
Proceeds from sales of other real property owned 179 80
Payments to Acquire Life Insurance Policies (25,000) 0
Net cash used in investing activities (65,615) (31,803)
Cash flows from financing activities:    
Net decrease in deposits (28,369) (5,878)
Increase (decrease) in repurchase agreements 2,257 (4,401)
Proceeds from FHLB advances 20,000 5,000
Proceeds from other borrowings 0 2,000
Repayments of Debt 0 2,000
Proceeds from issuance of common stock 47 28,099
Purchase of treasury stock 0 (962)
Dividends paid on preferred stock 1,286 1,001
Dividends paid on common stock 2,258 1,532
Net Cash Provided by (Used in) Financing Activities, Continuing Operations (9,609) 19,325
Decrease in cash and cash equivalents (62,712) (5,396)
Cash and cash equivalents at beginning of period 115,784 51,730
Cash and cash equivalents at end of period 53,072 46,334
Cash paid during the period for:    
Interest 1,776 1,638
Income taxes 6,835 4,911
Supplemental disclosures of noncash investing and financing activities    
Loans transferred to other real estate owned 116 90
Dividends reinvested in common stock 774 597
Net tax benefit related to option and deferred compensation plans $ 140 $ 85