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Consolidated Statements of Cash Flows (unauditied) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (308,000) $ (2,923,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 2,368,000 2,933,000
Accretion of purchase accounting adjustments 340,000 (101,000)
Provision for loan losses 440,000 15,300,000
Deferred tax expense (benefit) 8,000 (1,057,000)
Amortization of premiums on securities, net 1,457,000 1,390,000
Stock-based compensation expense (113,000) 66,000
Net excess tax benefit from stock-based compensation 49,000 (357,000)
ESOP compensation expense 20,000 50,000
Net gain on sale of investment securities 0 (9,000)
Loss on mutual fund 51,000 0
Proceeds from sale of loans held for sale 15,623,000 0
Net loss on sale of other real estate owned 1,000 4,000
Net write down of other real estate owned 146,000 83,000
Write down of assets held for sale 0 570,000
Loss on transfer of loans to held for sale 883,000 0
Net loss on sale/disposal of premises and equipment 67,000 12,000
Change in accrued interest receivable 1,152,000 364,000
Change in accrued interest payable (42,000) 3,000
Change in other assets & other liabilities, net 718,000 (2,874,000)
Net cash provided by operating activities 22,860,000 13,454,000
Cash flows from investing activities:    
Proceeds from maturities and calls of securities available-for-sale 24,297,000 28,100,000
Proceeds from maturities and calls of securities held-to-maturity 12,875,000 9,431,000
Proceeds from sale of securities available-for-sale 410,000  
Proceeds from sale of securities available-for-sale   6,965,000
Proceeds from sale of security held-to-maturity 0 887,000
Purchases of securities available-for-sale (32,532,000)  
Purchases of securities available-for-sale   39,172,000
Proceeds from Sale of Other Investments 0 57,000
Purchases of other investments (703,000) (368,000)
Net change in loans 121,129,000 28,616,000
Purchases of premises and equipment (693,000) (1,662,000)
Proceeds from sale of premises and equipment 481,000 249,000
Proceeds from sale of other real estate owned 504,000 1,611,000
Net cash provided by investing activities 125,768,000 34,714,000
Cash flows from financing activities:    
Change in deposits 43,331,000 (43,210,000)
Change in securities sold under agreements to repurchase (52,247,000) (3,662,000)
Borrowings on Federal Home Loan Bank advances 165,000,000 0
Repayments of Federal Home Loan Bank advances (177,500,000) (35,000)
Proceeds from exercise of stock options 551,000 266,000
Proceeds from issuance of common stock 0 51,975,000
Stock offering expenses 0 (622,000)
Payment of dividends on preferred stock (1,621,000) (1,622,000)
Payment of dividends on common stock (330,000) (2,049,000)
Net cash used by financing activities (22,816,000) 1,041,000
Net increase (decrease) in cash and cash equivalents 125,812,000 49,209,000
Cash and cash equivalents, beginning of period 152,964,000 82,228,000
Cash and cash equivalents, end of period 278,776,000 131,437,000
Supplemental cash flow information:    
Interest paid 3,482,000 2,975,000
Income taxes paid 0 2,500,000
Noncash investing and financing activities:    
Transfer of loans to other real estate 15,000 910,000
Transfer of loans to held for sale 221,000 0
Change in accrued common stock dividends 1,000 418,000
Change in unrealized gains/losses on securities available-for-sale, net of tax (3,918,000) 2,307,000
Change in unrealized gains on derivative instruments, net of tax 315,000 (80,000)
Net change in loan to ESOP $ 61,000 $ 219,000