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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income $ 8,929 $ 4,324 $ 4,593
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,942 1,904 2,257
Increase in cash surrender value of bank-owned life insurance (402) (390) (396)
Provision for loan losses 1,946 349 324
Share-based compensation expense 762 507 514
Loss on other-than-temporary impairment of securities 0 0 49
(Gain) loss from sale of available-for-sale securities 0 (538) 63
Loans originated for sale (502,716) (409,715) (741,078)
Proceeds from sale of loans 509,373 409,453 784,077
Gain on loans sold (8,845) (5,048) (8,379)
Decrease (increase) in fair value of loans held-for-sale 341 (751) 4
(Gain) loss on derivatives (496) 190 (307)
Deferred income tax 443 (1,529) 2,259
Net change in other assets (1,227) 2,035 (2,404)
Net change in other liabilities 858 1,189 (36)
Net cash provided by operating activities 10,908 1,980 41,540
Investing Activities      
Net loan activity, excluding sales and purchases (220,828) (124,696) (61,039)
Net change in interest-bearing deposits 1,000 500 (2,500)
Loans purchased 0 (106,480) (83,265)
Proceeds from liquidation of other real estate owned 0 235 1,268
Maturities of securities available-for-sale 21,759 21,254 29,757
Proceeds from sale of securities available-for-sale 0 137,816 72,019
Purchase of securities available-for-sale (100,335) (112,000) (134,471)
Purchase of Federal Home Loan Bank of Indianapolis stock (3,245) (2,407) 0
Purchase of premises and equipment (2,543) (915) (7,187)
Net cash used in investing activities (304,192) (186,693) (185,418)
Financing Activities      
Net increase in deposits 197,456 85,503 142,404
Cash dividends paid (1,093) (1,080) (450)
Net proceeds from issuance of subordinated debt and related warrants 9,761 0 3,000
Net proceeds from common stock issuance 0 0 29,101
Proceeds from advances from Federal Home Loan Bank 300,000 170,000 13,000
Repayment of advances from Federal Home Loan Bank (216,000) (95,000) (22,000)
Other, net 23 (111) 0
Net cash provided by financing activities 290,147 159,312 165,055
Net (Decrease) Increase in Cash and Cash Equivalents (3,137) (25,401) 21,177
Cash and Cash Equivalents, Beginning of Year 28,289 53,690 32,513
Cash and Cash Equivalents, End of Year 25,152 28,289 53,690
Supplemental Disclosures of Cash Flows Information      
Cash paid during the year for interest 10,674 8,933 8,106
Cash paid during the year for taxes 3,793 2,346 770
Loans transferred to other real estate owned 0 0 581
Cash dividends declared, not paid $ 267 $ 265 $ 265