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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities      
Net income $ 8,468 $ 275 $ 8,468
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Net premium amortization/discount (accretion) on securities 723 506  
Securities (gains) losses, net (27) 24 (27)
Provision for credit losses 450 7,984 450
Originations of loans held-for-sale (25,815) (50,418)  
Proceeds from sales of loans held-for-sale 27,224 45,706  
Net gain on sales of mortgage loans (762) (2,246) (762)
Change in fair value of mortgage servicing rights 819 2,134 819
Net discount / premium from (accretion) amortization on loans (110) (409)  
Change in cash surrender value of BOLI 458 (49) 458
Net gains on sale of other real estate owned (73) (23) (73)
Provision for other real estate owned valuation losses   158  
Depreciation of fixed assets and amortization of leasehold improvements 638 662  
Amortization of core deposit intangible 132 128 132
Change in current income taxes receivable 673 (1,430)  
Provision for deferred tax expense 1,732 (333)  
Change in accrued interest receivable and other assets 136 (4,081)  
Amortization of purchase accounting adjustment on notes payable and other borrowings 27 12  
Amortization of junior subordinated debentures issuance costs 12 643  
Amortization of senior notes issuance costs 25 27  
Change in accrued interest payable and other liabilities (1,889) 8,925  
Stock based compensation 573 729  
Net cash provided by operating activities 12,498 9,022  
Cash flows from investing activities      
Proceeds from maturities and calls including pay down of securities available-for-sale 5,279 16,046  
Proceeds from sales of securities available-for-sale 81,524 18,126 81,524
Purchases of securities available-for-sale (46,176) (6,100)  
Net proceeds from sales of FHLBC stock 2,254    
Net change in loans (6,140) (27,716)  
Proceeds from sales of other real estate owned, net of participation purchase 874 311  
Net purchases of premises and equipment (224) (887)  
Net cash provided by investing activities 37,391 (220)  
Cash flows from financing activities      
Net change in deposits 6,864 68,893  
Net change in securities sold under repurchase agreements (4,271) 2,543  
Net change in other short-term borrowings (64,500) (42,125)  
Redemption of junior subordinated debentures   (32,604)  
Issuance of term note   20,000  
Net change in notes payable and other borrowings (2,199) (76)  
Proceeds from exercise of stock options 32    
Dividends paid common stock (297) (300)  
Purchase of treasury stock (417) (2,627)  
Net cash used in financing activities (64,788) 13,704  
Net change in cash and cash equivalents (14,899) 22,506  
Cash and cash equivalents at beginning of period   50,632 55,235
Cash and cash equivalents at end of period $ 40,336 $ 73,138 $ 40,336