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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 757 $ 929
Adjustments to reconcile net income to net cash used in operating activities    
Provision for loan losses 1,929 2,168
Provision for loan repurchases 571 256
Net gain on mortgage banking activities (17,324) (16,370)
Gain on sale of loans (2,603) (312)
Net amortization (accretion) of securities 229 572
Depreciation on premises and equipment 1,562 723
Amortization of intangibles 939 367
Amortization of debt issuance cost 96 96
Stock option compensation expense 99 93
Stock award compensation expense 824 428
Bank owned life insurance income (47) (38)
Operating loss on equity investment 174 159
Net (gain) loss on sale of securities available for sale (507) (308)
Loss on disposal of premises and equipment 119  
Gain on sale of other real estate owned   (114)
Gain on sale of property and equipment   (2)
Increase in valuation allowances on other real estate owned   79
Originations of loans held for sale from mortgage banking (511,451) (332,808)
Originations of other loans held for sale (373,002)  
Proceeds from sales of and principal collected on loans held for sale from mortgage banking 548,284 341,863
Proceeds from sales of and principal collected on other loans held for sale 93,407  
Change in deferred loan (costs) fees 46 (207)
Amortization of premiums and discounts on purchased loans (10,436) (2,573)
Change in accrued interest receivable (96) (49)
Change in other assets 3,005 478
Change in accrued interest payable and other liabilities (4,502) 1,047
Net cash used in operating activities (267,927) (3,523)
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 50,973 8,064
Proceeds from maturities and calls of securities available-for-sale 2,754 3,639
Proceeds from principal repayments of securities available-for-sale 10,741 19,485
Purchases of securities available-for-sale (1,177) (9,881)
Net cash used in acquisitions (1,000)  
Loan originations and principal collections, net (16,352) (59,049)
Purchase of loans (2,093) (332,343)
Purchase of Federal Home Loan Bank and Other Bank Stocks (4,201) (2)
Proceeds from sale of loans held for investment 51,813 20,045
Net change in time deposits in financial institutions 101 1,392
Proceeds from sale of other real estate owned   3,283
Additions to premises and equipment (2,853) (2,269)
Payments of capital lease obligations (232) (43)
Net cash provided by (used in) investing activities 88,474 (347,679)
Cash flows from financing activities:    
Net increase in deposits 190,502 392,456
Net increase in Federal Home Loan Bank advances 145,000 (25,000)
Net increase in federal funds sold 70,000  
Capital raise cost (50)  
Purchase of treasury stock (97) (32)
Proceeds from exercise of stock options 757  
Issuance of stock awards   55
Dividends paid on preferred stock (910) (288)
Dividends paid on common stock (2,228) (1,436)
Net cash provided by financing activities 402,974 365,755
Net change in cash and cash equivalents 223,521 14,553
Cash and cash equivalents at beginning of year 110,118 108,643
Cash and cash equivalents at end of year 333,639 123,196
Supplemental cash flow information    
Interest paid on deposits and borrowed funds 7,609 15,359
Income taxes paid      
Supplemental disclosure of noncash activities    
Transfer from loans to other real estate owned, net 150  
Transfer of loans receivable to loans held for sale, net of transfer of $963 from allowance for loan and leases losses 59,137  
Transfer of loans held for sale to loans receivable 6,984  
Equipment acquired under capital leases $ 989 $ 714