(Parent Company Only) Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Summary of Balance Sheet

Balance Sheets

	December 31
	2016		2015
	(In thousands)
ASSETS
Cash	$	648	$	364
Securities purchased under agreement to resell with subsidiary bank, maturing within 30 days		12,676		43,323
Investment in subsidiaries		494,809		383,516
Other assets		1,211		10
	$	509,344	$	427,213
LIABILITIES AND SHAREHOLDERS' EQUITY
Subordinated debt	$	70,241	$	69,961
Other liabilities		3,706		3,799
Shareholders' equity		435,397		353,453
	$	509,344	$	427,213

Summary of Statements of Income (Loss)

Statements of Income (Loss)

	Year Ended December 31
	2016		2015		2014
	(In thousands)
Income
Interest/other	$	352	$	115	$	43
Dividends from subsidiary Bank		0		0		0
		352		115		43
Interest expense		2,115		1,671		1,053
Other expenses		462		317		1,000
Loss before income tax benefit and equity in undistributed income of subsidiaries		(2,225)		(1,873)		(2,010)
Income tax benefit		(801)		(661)		(704)
Income (loss) before equity in undistributed income of subsidiaries		(1,424)		(1,212)		(1,306)
Equity in undistributed income of subsidiaries		30,626		23,353		7,002
Net income	$	29,202	$	22,141	$	5,696

Summary of Statement of Cash Flows

Statements of Cash Flows

	Year Ended December 31
	2016		2015		2014
	(In thousands)
Cash flows from operating activities
Net Income	$	29,202	$	22,141	$	5,696
Equity in undistributed (income) loss of subsidiaries		(30,626)		(23,353)		(7,002)
Net (increase) decrease in other assets		(12)		10		0
Net increase (decrease) in other liabilities		12		(48)		(76)
Net cash used in operating activities		(1,424)		(1,250)		(1,382)
Cash flows from investing activities
Net cash paid for bank acquisition		(28,905)		0		0
Investment in unconsolidated subsidiary		(200)		0		0
Decrease (increase) in securities purchased under agreement to resell, maturing within 30 days, net		30,647		(5,487)		(37,044)
Net cash provided by (used in) investment activities		1,542		(5,487)		(37,044)
Cash flows from financing activities
Issuance of common stock, net of related expense		0		0		24,637
Subordinated debt increase		0		6,494		13,208
Stock based employment plans		166		127		142
Net cash provided by financing activities		166		6,621		37,987
Net change in cash		284		(116)		(439)
Cash at beginning of year		364		480		919
Cash at end of year	$	648	$	364	$	480
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	$	1,824	$	1,487	$	1,058