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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities      
Net income $ 16,933 $ 15,349 $ 8,965
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 2,217 2,068 1,829
(Reversal of) provision for loan and lease losses (1,500)    
Write-downs on premises and equipment held for sale   58 880
Amortization of premiums / discounts 7,246 6,869 4,991
Amortization of intangible assets 944 1,049 1,057
Accretion of discount on acquired and purchased loans, net (1,577) (2,057) (2,488)
Share-based compensation expense 1,362 1,092 993
Gain on extinguishment of debt   (552)  
Gain on sale of securities, available for sale (891) (641) (646)
(Gain) loss on sale of assets (75) 6  
Gain on sale of loans held for sale (2,365) (1,602) (1,330)
Originations of loans held for sale (174,986) (134,762) (81,748)
Proceeds from sale of loans held for sale 177,051 129,195 82,878
Net increase in bank owned life insurance (865) (639) (622)
Decrease in deferred tax assets, net 3,952 3,987 5,407
Write-downs on OREO 217    
Tax effect of share-based compensation 104 (105) (184)
(Increase) decrease in other assets and other liabilities, net (143) 1,838 48
Net cash provided by operating activities 27,624 21,153 20,030
Cash Flows from Investing Activities      
Net cash and cash equivalents acquired in MISN Transaction     28,891
Purchase of securities, available for sale (181,050) (206,123) (168,339)
Sale of securities, available for sale 107,566 55,184 129,074
Proceeds from principal paydowns of securities, available for sale 54,991 48,842 39,928
Proceeds from sale of premises and equipment   1,957 3,590
Purchase of FHLB stock     (941)
Increase in loans, net (142,611) (46,923) (86,233)
Recoveries on previously charged-off loans 1,347 1,099 857
Proceeds from sale of foreclosed collateral 186 91 1,628
Purchase of bank owned life insurance   (7,500)  
Purchase of property, premises and equipment, net (940) (1,642) (6,456)
Net cash used in investing activities (160,511) (155,015) (58,001)
Cash Flows from Financing Activities      
Increase in deposits, net 118,943 170,134 49,370
Proceeds from Federal Home Loan Bank borrowing 237,500 61,000 70,000
Repayments of Federal Home Loan Bank borrowing (233,500) (52,898) (69,000)
Decrease in junior subordinated debentures   (2,550)  
Net proceeds from exercise of stock options, including tax benefits 747 398 453
Stock issuance costs     (381)
Dividends paid (8,217) (7,851) (2,742)
Repurchases of common stock (1,635) (28) (387)
Net cash provided by financing activities 113,838 168,205 47,313
Net (decrease) increase in cash and cash equivalents (19,049) 34,343 9,342
Cash and cash equivalents, beginning of period 69,923 35,580 26,238
Cash and cash equivalents, end of period 50,874 69,923 35,580
Cash Flow Information      
Interest paid 5,638 5,842 4,995
Income taxes paid 6,880 2,420 600
Non-Cash Flow Information      
Change in unrealized gain (loss) on available for sale securities (3,509) (164) 8,075
Loans transferred to foreclosed assets $ 70 416 1,564
Premises transferred to held for sale     2,916
Accretion on preferred stock   $ 70 168
Common stock issued in MISN Transaction     $ 60,255