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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Statement of Cash Flows [Abstract]      
Net income $ 31,082 $ 41,311 $ 18,565
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and amortization of premises and equipment 2,704 2,309 1,539
Provision for loan and lease losses 38,700 12,605 4,683
Amortization of intangibles 820 917 506
Net accretion of loans (4,280) (5,052) (4,328)
Accretion on bank premises (132) (108) (51)
Accretion on deposits (172) (470) (701)
Accretion on borrowings (307) (441) (296)
Net deferred income tax expense (benefit) 1,969 (3,493) 184
Stock-based compensation 2,113 747 223
Gains on sales of investment securities, net (4,234) (3,931) (2,818)
Gains on sale of loans held-for-sale, net (232) (327) (182)
Loans originated for resale (10,004) (20,834) (10,994)
Proceeds from sale of loans held-for-sale 10,048 21,161 11,366
Net gains on disposition of premises and equipment (57)
Net (gain) loss on sale of other real estate owned (182) 164 23
Increase in cash surrender value of bank owned life insurance (2,559) (1,782) (1,303)
Loss on extinguishment of debt 2,397 4,550
Amortization of premiums and accretion of discounts on investments securities, net 1,692 1,793 2,074
Increase in accrued interest receivable (420) (845) (428)
(Increase) decrease in other assets (14,815) 1,190 2,200
(Decrease) increase in other liabilities (2,022) (1,080) 377
Net cash provided by operating activities 49,712 46,231 25,189
Investment securities available-for-sale:      
Purchases (165,527) (37,403) (37,886)
Sales 85,253 65,231 80,449
Maturities, calls and principal repayments 137,587 62,007 33,496
Investment securities held-to-maturity:      
Purchases (1,000) (17,531) (20,860)
Maturities and principal repayments 14,757 17,520 10,766
Net redemptions (purchases) of restricted investment in bank stocks 8,302 (9,077) (903)
Net increase in loans (490,777) (557,881) (274,942)
Purchases of premises and equipment (2,702) (3,881) (1,986)
Purchases of bank owned life insurance (16,999) (24,501)
Proceeds from sale of premises and equipment 445
Proceeds from sale of other real estate owned 2,992 769 1,544
Cash acquired in acquisition 70,318
Net cash used in investing activities (427,669) (504,747) (140,004)
Cash flows from financing activities      
Net increase in deposits 553,477 315,829 82,961
Increase in subordinated debt 50,000
Advances of FHLB borrowings 375,000 848,875 161,183
Repayments of FHLB borrowings (570,000) (656,400) (79,254)
Repayment of repurchase agreement (18,397)
Cash dividends paid on common stock (9,067) (8,996) (6,940)
Cash dividends paid on preferred stock (22) (112) (140)
Redemption of preferred stock (11,250)
Secondary offering and issuance of common stock 38,439
Tax benefit of options exercised 117 341 282
Proceeds from exercise of stock options 767 1,424 878
Net cash provided by financing activities 377,461 532,564 158,970
Net change in cash and cash equivalents (496) 74,048 44,155
Cash and cash equivalents at beginning of period 200,895 126,847 82,692
Cash and cash equivalents at end of period 200,399 200,895 126,847
Interest paid 30,862 23,357 14,785
Income taxes paid 22,945 17,880 4,993
Investing:      
Transfer of loans to other real estate owned 887 2,374 352
Transfer of loans to loans held-for-sale 77,817
Transfer from investment securities held-to-maturity to investment securities available-for-sale 209,855
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