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CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities:    
Net income $ 6,113 $ 3,787
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 69 400
Stock–based compensation expense 442 317
Depreciation and amortization 553 396
Deferred tax expense 726 534
Accretion of discounts on purchased loans, net (77) (95)
Gain on sale of loans (300) 0
Gain on capital market activities   (311)
Gain on sale of REO (104)  
Increase in other assets (1,339) (502)
Decrease in accounts payable and other liabilities (584) (780)
Net cash provided by operating activities 5,499 3,746
Cash Flows from Investing Activities:    
Net increase in loans (including changes in loans held for sale) (286,518) (287,499)
Proceeds from sale of loans 20,985 0
Proceeds from sale of REO 438 3,702
Purchase of premises and equipment (693) (2,193)
Purchase of securities AFS (1,654) (27,278)
Proceeds from sale of securities AFS   39,456
Maturities of AFS securities 16,544 13,877
Sale of FHLB stock, net 16,424 4,401
Net cash used in investing activities (234,474) (255,534)
Cash Flows from Financing Activities:    
Increase in deposits 353,582 250,930
FHLB Advances – net decrease (668,000) (163,000)
Proceeds – term note 20,000 0
Proceeds from sale of stock, net 1,419 927
Net cash (used in) provided by financing activities (292,999) 88,857
Decrease in cash and cash equivalents (521,974) (162,931)
Cash and cash equivalents at beginning of year 597,946 215,748
Cash and cash equivalents at end of period 75,972 52,817
Supplemental disclosures of cash flow information:    
Interest 3,827 2,201
Income taxes 255 2,150
Noncash transactions:    
Transfer of loans to (from) loans held for sale (44,521) $ 260,075
Mortgage servicing rights created from loan sales 113  
Chargeoffs (recoveries) against allowance for loans losses $ (231)