Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Summary of Estimated Useful Lives of Bank Properties and Equipment

Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful lives of the assets, generally as follows:

Asset Type	Estimated Useful Life
Buildings	40 years
Leasehold improvements	Lesser of the useful life or the remaining lease term, including renewals, if applicable
Furniture, Fixtures and Equipment	Three to 10 years
Computer Software	Three years

Reclassifications of Accumulated Other Comprehensive Loss Items

These reclassifications for the years ended December 31, 2016, 2015 and 2014 are as follows:

DISCLOSURE OF RECLASSIFICATION AMOUNTS, NET OF TAX

Years Ended December 31,	2016								2015								2014
	Pre-tax			Tax		After-tax			Pre-tax			Tax		After-tax			Pre-tax			Tax			After-tax
Unrealized holding (loss) gain on    securities available for sale during    the year	$	(1,340	)	$	547	$	(793	)	$	(1,262	)	$	516	$	(746	)	$	11,743		$	(4,796	)	$	6,947
Reclassification adjustment for    net gain included in net    income (1)		(39	)		16		(23	)		(1,468	)		600		(868	)		(50	)		20			(30	)
Net unrealized (loss) gain on    securities available for sale	$	(1,379	)	$	563	$	(816	)	$	(2,730	)	$	1,116	$	(1,614	)	$	11,693		$	(4,776	)	$	6,917

(1) All pre-tax amounts are included in non-interest income in the consolidated statements of operations.

Summary of Weighted Average Assumptions Used to Calculate Fair Value of Option Awards

Significant weighted average assumptions used to calculate the fair value of the Options for the years ended December 31, 2016, 2015 and 2014 are as follows:

WEIGHTED AVERAGE ASSUMPTIONS USED IN BLACK-SCHOLES OPTION PRICING MODEL

Years Ended December 31,	2016			2015			2014
Fair value of Options granted during the year	$	5.90		$	6.16		$	8.70
Risk-free rate of return		1.29	%		1.35	%		1.32	%
Expected term in months		50			46			54
Expected volatility		33	%		40	%		54	%
Expected dividends(1)	$	—		$	—		$	—

(1)The Company did not declare cash dividends on its common stock prior to the options granted in 2016. Future option grants will include a dividend assumption.