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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income (loss) $ 6,914 $ 150,458 $ (1,483)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation and amortization of premises and equipment 3,588 3,811 3,646
Provision for (Recovery of) loan losses (2,981) (5,371) 523
Deferred income taxes 7,124 (142,492) 1,326
Deferred loan fees and costs, net (497) 324 (251)
Premium amortization and discount accretion of investment securities, net 2,778 2,294 4,061
Net gain on sale of investment securities 0 (974) (2,772)
Amortization of core deposit premiums 1,422 1,408 1,407
Net accretion of purchase accounting adjustments (7,146) (10,075) (16,958)
Stock compensation expense 2,472 929 681
Increase in cash surrender value of bank-owned life insurance, net (923) (1,146) (1,148)
Loans held for sale:      
Origination of loans held for sale (100,287) (59,470) (114,104)
Net proceeds from sale of loans held for sale 98,530 59,103 121,080
Net gain on sale of loans held for sale (849) (593) (1,838)
Mortgage servicing rights capitalized (1,088) (644) (1,131)
Mortgage servicing rights amortization and impairment 583 470 305
Net (gain) loss on sale of premises and equipment (520) 59 538
Net loss on sales and write-downs of other real estate owned 1,784 754 3,921
Changes in assets and liabilities:      
(Increase) Decrease in accrued interest receivable and other assets (6,436) 2,405 (293)
Decrease in accrued interest payable and other liabilities (5,066) (469) (1,997)
Net cash provided by (used in) operating activities (598) 781 (4,487)
Available-for-sale securities:      
Proceeds from sales 0 37,239 177,826
Proceeds from maturities, calls and principal repayments 57,291 44,970 72,263
Purchases (89,071) 0 (127,794)
Held-to-maturity securities:      
Proceeds from maturities, calls and principal repayments 0 8,935 3,416
Purchases (20,394) 0 (155,394)
Net increase in loans held for investment (184,985) (139,711) (28,776)
Proceeds from sales of other real estate owned 6,590 10,150 37,785
Purchases of premises and equipment (2,280) (2,001) (3,326)
Proceeds from sales of premises and equipment 2,004 282 920
Net cash received for acquisition 56,788 0 0
Net cash used in investing activities (174,057) (40,136) (23,080)
Financing Activities      
Net increase (decrease) in deposits 94,358 45,715 (157,810)
Increase (Decrease) in retail repurchase agreements (1,857) 2,159 (1,758)
Increase (Decrease) in Federal Home Loan Bank advances 25,447 (5,049) 14,955
Issuance of common stock, net of expense 0 24,982 0
Net cash provided by (used) in financing activities 117,948 67,807 (144,613)
Net (Decrease) Increase in Cash and Cash Equivalents (56,707) 28,452 (172,180)
Cash and Cash Equivalents at Beginning of Period 95,882 67,430 239,610
Cash and Cash Equivalents at End of Period 39,175 95,882 67,430
Cash paid during the period for:      
Interest 13,442 9,090 10,093
Income taxes, net of refunds 39 0 58
Noncash transactions:      
Foreclosed loans transferred to other real estate owned 4,503 4,372 15,001
Loans to facilitate the sale of other real estate owned 0 1,699 7,696
Transfer of fixed assets to other assets 1,335 2,136 0
Unrealized securities gains (losses), net of income taxes (2,159) 11,459 (18,126)
Employee benefit plan costs (income), net of income taxes (963) (1,005) 844
Unrealized loss on interest rate swap, net of income taxes (142) (324) 0
Reclass of warrant upon expiration of down-round term $ 0 $ (56) $ 0