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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 41,311 $ 18,565 $ 19,925
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and amortization 3,226 2,045 886
Provision for loan and lease losses 12,605 4,683 350
Net deferred income tax (benefit) expense (3,493) 184 1,739
Stock-based compensation expense $ 747 $ 223 59
Net other-than-temporary impairment losses 652
Net gains on sales of available-for-sale securities $ (3,931) $ (2,818) (2,363)
Net gains on sales of loans held for sale (327) (261) (294)
Net loans originated for sale (20,834) (10,994) (14,816)
Proceeds from sales of loans held for sale $ 21,161 $ 11,445 16,601
Net gains on disposition of premises and equipment (2)
Net loss on sales of other real estate owned $ 164 $ 23 75
Life insurance death benefit (291)
Increase in cash surrender value of bank owned life insurance $ (1,782) $ (1,303) $ (1,073)
Loss on extinguishment of debt 2,397 4,550
Net amortization of securities 1,793 2,074 $ 3,316
Increase in accrued interest receivable (845) (428) (233)
Decrease in other assets 1,190 2,200 414
(Decrease) increase in other liabilities (1,080) 377 (1,792)
Net cash provided by operating activities 52,302 30,565 23,153
Investment securities available-for-sale:      
Purchases (37,403) (37,886) (155,464)
Sales 65,231 80,449 122,165
Maturities, calls and principal repayment 62,007 33,496 46,378
Investment securities held-to-maturity:      
Purchases (17,531) (20,860) (23,531)
Maturities and principal repayment 17,520 10,766 3,830
Net purchase of restricted investment in bank stock (9,077) (903) (22)
Net increase in loans (562,933) (279,270) (71,761)
Purchases of premises and equipment (3,989) $ (2,037) $ (973)
Purchase of bank-owned life insurance $ (24,501)
Proceeds from life insurance death benefits $ 592
Proceeds from sale of premises and equipment 2
Proceeds from sale of other real estate owned $ 769 $ 1,544 $ 1,230
Cash and cash equivalent acquired in acquisition 70,318
Net cash used in investing activities $ (509,907) (144,383) $ (77,554)
Cash flows from financing activities:      
Net increase in deposits 315,359 $ 82,260 $ 35,083
Increase in subordinated debentures 50,000
Advances of FHLB borrowings 848,875 $ 161,183
Repayments of FHLB borrowings (656,841) $ (79,550)
Repayment of purchase agreement (18,397)
Cash dividends on common stock (8,996) $ (6,940) $ (4,254)
Cash dividends on preferred stock $ (112) (140) (141)
Issuance cost of common stock (7) (13)
Tax benefit from exercise of stock options $ 341 $ 282 16
Issuance of restricted stock award 243
Proceeds from exercise of stock options $ 1,424 $ 885 21
Net cash provided by financing activities 531,653 157,973 30,955
Net (decrease) increase in cash and cash equivalents 74,048 44,155 (23,446)
Cash and cash equivalents at beginning of year 126,847 82,692 106,138
Cash and cash equivalents at end of year 200,895 126,847 82,692
Cash paid during year for:      
Interest paid on deposits and borrowings 23,357 14,785 10,993
Income taxes $ 17,880 $ 4,993 4,727
Investing:      
Trade date accounting settlement for investments 8,759
Transfer of loans to other real estate owned $ 2,374 $ 352 236
Transfer from investment securities available-for-sale to investment securities held-to-maturity 138,800
Financing:      
Dividends declared, not paid $ 2,258 $ 2,250 $ 1,256
Noncash assets acquired:      
Investment securities 28,452
Restricted investments 13,646
Loans held for sale 190
Loans 1,299,284
Accrued interest receivable 4,470
Premises and equipment, net 6,475
Goodwill 129,105
Core deposit intangible 5,308
Bank-owned life insurance 15,481
Other real estate owned 2,455
Other assets 14,286
Total noncash assets acquired 1,519,152
Noncash liabilities assumed:      
Deposits 1,051,342
Borrowings 263,370
Other liabilities 10,527
Total noncash liabilities assumed 1,325,239
Net noncash assets acquired $ 193,913
Bargain gain on acquisition
Net cash and cash equivalents acquired $ 70,318
Cash consideration paid in acquisition