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Parent Company Only Condensed Financial Information | 12 Months Ended
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Dec. 31, 2014
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Parent Company Only Condensed Financial Information | NOTE 20 — PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION Condensed Parent Company Only Balance Sheets:
|  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2014 |  |  | 2013 |
ASSETS |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 52,553 |  |  | $ | 23,009 |
Investment in subsidiaries |  |  | 181,133 |  |  |  | 148,675 |
Other assets |  |  | 3,994 |  |  |  | 4,751 |
Total assets |  | $ | 237,680 |  |  | $ | 176,435 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |
Senior secured note |  | $ | — |  |  | $ | 12,573 |
Accrued expenses and other liabilities |  |  | 171 |  |  |  | 3,265 |
Total liabilities |  |  | 171 |  |  |  | 15,838 |
Stockholders' equity |  |  | 237,509 |  |  |  | 133,600 |
Noncontrolling interests |  |  | — |  |  |  | 26,997 |
Total liabilities and equity |  | $ | 237,680 |  |  | $ | 176,435 |
Condensed Parent Company Only Statements of Income:
|  | Years Ended December 31, |
(Dollars in thousands) |  | 2014 |  |  | 2013 |  |  | 2012 |
Interest income |  | $ | 75 |  |  | $ | 58 |  |  | $ | 8 |
Interest expense |  |  | (584 | ) |  |  | (123 | ) |  |  | — |
Bargain purchase gain |  |  | — |  |  |  | 9,014 |  |  |  | — |
Other income |  |  | 545 |  |  |  | — |  |  |  | — |
Other expense |  |  | (4,699 | ) |  |  | (4,262 | ) |  |  | (412 | )
Income before income tax and undistributed subsidiary income |  |  | (4,663 | ) |  |  | 4,687 |  |  |  | (404 | )
Income tax benefit |  |  | 2,015 |  |  |  | 1,360 |  |  |  | 262 |
Equity in undistributed subsidiary income |  |  | 22,437 |  |  |  | 7,380 |  |  |  | 11,216 |
Net income |  |  | 19,789 |  |  |  | 13,427 |  |  |  | 11,074 |
Income attributable to noncontrolling interests |  |  | (2,060 | ) |  |  | (867 | ) |  |  | (993 | )
Dividends on preferred stock |  |  | (780 | ) |  |  | (721 | ) |  |  | — |
Net income available to common stockholders |  | $ | 16,949 |  |  | $ | 11,839 |  |  | $ | 10,081 |
Comprehensive income attributable to Parent |  | $ | 18,547 |  |  | $ | 12,237 |  |  | $ | 10,233 |
Condensed Parent Company Only Statements of Cash Flows:
|  | Years Ended December 31, |
(Dollars in thousands) |  | 2014 |  |  | 2013 |  |  | 2012 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 19,789 |  |  | $ | 13,427 |  |  | $ | 11,074 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed subsidiary income |  |  | (22,437 | ) |  |  | (7,380 | ) |  |  | (11,216 | )
Bargain purchase gain |  |  | — |  |  |  | (9,014 | ) |  |  | — |
Change in other assets |  |  | 757 |  |  |  | (4,310 | ) |  |  | (441 | )
Change in accrued expenses and other liabilities |  |  | (3,094 | ) |  |  | 3,119 |  |  |  | 142 |
Net cash used in operating activities |  |  | (4,985 | ) |  |  | (4,158 | ) |  |  | (441 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Investment in subsidiaries |  |  | (6,513 | ) |  |  | (13,984 | ) |  |  | (9,006 | )
Cash used in acquisition of subsidiaries |  |  | — |  |  |  | (15,277 | ) |  |  | — |
Net cash used in investing activities |  |  | (6,513 | ) |  |  | (29,261 | ) |  |  | (9,006 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Issuance of senior secured note |  |  | — |  |  |  | 12,573 |  |  |  | — |
Noncontrolling interests issuances, net |  |  | — |  |  |  | — |  |  |  | 6,962 |
Issuance of common stock in connection with initial public offering, net of expenses |  |  | 83,767 |  |  |  | — |  |  |  | — |
Issuance of common stock |  |  | 43 |  |  |  | 42,402 |  |  |  | 1,000 |
Exchange offer |  |  | — |  |  |  | (38 | ) |  |  | — |
Issuance of preferred stock |  |  | — |  |  |  | — |  |  |  | 5,000 |
Distributions on noncontrolling interest and dividends on preferred stock |  |  | (3,037 | ) |  |  | (1,060 | ) |  |  | (993 | )
Repayment of senior secured note |  |  | (12,573 | ) |  |  | — |  |  |  | — |
Redemption of noncontrolling interests |  |  | (26,997 | ) |  |  | — |  |  |  | — |
Purchase of Treasury Stock |  |  | (161 | ) |  |  | — |  |  |  | — |
Net cash provided by financing activities |  |  | 41,042 |  |  |  | 53,877 |  |  |  | 11,969 |
Net increase in cash and cash equivalents |  |  | 29,544 |  |  |  | 20,458 |  |  |  | 2,522 |
Cash and cash equivalents at beginning of period |  |  | 23,009 |  |  |  | 2,551 |  |  |  | 29 |
Cash and cash equivalents at end of period |  | $ | 52,553 |  |  | $ | 23,009 |  |  | $ | 2,551 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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