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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net income $ 7,806 $ 5,042
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization of premises and equipment 1,864 1,817
Recovery of loan losses (28) (1,926)
Deferred income taxes 4,617 2,798
Deferred loan fees and costs, net (235) (172)
Premium amortization and discount accretion of investment securities, net 1,498 1,358
Amortization of core deposit premiums 565 704
Net accretion on acquired loans (2,774) (3,943)
Stock compensation expense 339 402
Increase in cash surrender value of bank-owned life insurance, net (594) (553)
Origination of loans held for sale (32,020) (48,585)
Net proceeds from sale of loans held for sale 33,321 49,049
Net gain on sale of loans held for sale (422) (435)
Mortgage servicing rights capitalized (957) (556)
Mortgage servicing rights amortization 376 270
Net gain on sale of premises and equipment (209) (368)
Net loss on sales and write-downs of other real estate owned 504 685
Changes in assets and liabilities:    
Decrease (Increase) in accrued interest receivable and other assets 3,498 (5,958)
Increase (Decrease) in accrued interest payable and other liabilities (918) (3,466)
Net cash provided by (used in) operating activities 16,231 (3,837)
Available-for-sale securities:    
Proceeds from maturities, calls and principal repayments 22,791 24,022
Purchases 0 (60,525)
Held-to-maturity securities:    
Proceeds from maturities, calls and principal repayments 7,853 5,952
Payments to Acquire Held-to-maturity Securities 0 (20,394)
Net increase in loans held for investment (28,800) (87,747)
Proceeds from sales of other real estate owned 3,758 3,153
Purchases of premises and equipment (289) (1,343)
Proceeds from sales of premises and equipment 246 1,754
Net cash received in branch deposit acquisition 0 56,788
Net cash received from bulk sale of loans 46,642 0
Net cash provided by (used in) investing activities 52,201 (78,340)
Financing Activities    
Net increase (decrease) in deposits (31,056) 2,459
Increase in retail repurchase agreements 5,542 2,348
Increase (Decrease) in Federal Home Loan Bank advances (28,528) 12,474
Cancellation of common stock warrant (60) 0
Issuance of common stock, net of expense 67 0
Net cash provided by (used in) financing activities (54,035) 17,281
Net Increase (Decrease) in Cash and Cash Equivalents 14,397 (64,896)
Cash and Cash Equivalents at Beginning of Period 39,175 95,882
Cash and Cash Equivalents at End of Period 53,572 30,986
Cash paid during the period for:    
Interest 5,361 8,285
Income taxes, net of refunds 343 39
Noncash transactions:    
Foreclosed loans transferred to other real estate owned 2,202 3,433
Unrealized securities gains (losses), net of income taxes 6,989 (2,515)
Transfer of fixed assets to other assets 0 1,335
Employee benefit plan costs, net of income taxes (54) 0
Unrealized loss on interest rate swaps, net of income taxes (686) (59)
Assets acquired in branch purchase 0 58,770
Liabilities assumed in branch purchase $ 0 $ 58,770