Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Parent Company Only Financial Statements

Note 26 Parent Company Only Financial Statements

Parent company only financial information for National Bank Holdings Corporation is summarized as follows:

Condensed Statements of Financial Condition

	December 31, 2015		December 31, 2014
ASSETS
Cash and cash equivalents	$	15,739	$	123,144
Investment in subsidiaries		586,942		656,287
Other assets		15,415		19,121
Total assets	$	618,096	$	798,552
LIABILITIES AND STOCKHOLDERS’ EQUITY
Other liabilities	$	552	$	3,977
Total liabilities		552		3,977
Stockholders’ equity		617,544		794,575
Total liabilities and stockholders’ equity	$	618,096	$	798,552

Condensed Statements of Operations

	For the years ended December 31,
	2015		2014		2013
Interest income	$	—	$	2	$	98
Undistributed equity from subsidiaries		(74,131)		11,712		(299,836)
Distributions from subsidiaries		86,000		—		313,000
Other income		1,048		—		3
Total income		12,917		11,714		13,265
Expenses
Salaries and benefits		3,349		3,572		4,861
Other expenses		3,597		751		4,521
Total expenses		6,946		4,323		9,382
Operating income		5,971		7,391		3,883
Income tax expense (benefit)		1,090		(1,785)		(3,044)
Net income	$	4,881	$	9,176	$	6,927

Condensed Statements of Cash Flows

	For the years ended December 31,
	2015		2014		2013
Cash flows from operating activities:
Net income	$	4,881	$	9,176	$	6,927
Undistributed equity from subsidiaries		(11,869)		(11,712)		299,836
Stock-based compensation expense		3,349		3,572		4,861
Other		2,611		(2,325)		(2,311)
Net cash (used in) provided by operating activities		(1,028)		(1,289)		309,313
Cash flows from investing activities:
Outlay for business combinations		(9,482)		—		—
Return of capital from investments in subsidiaries		86,000		—		—
Net cash provided by investing activities		76,518		—		—
Cash flows from financing activities:
Issuance of stock under purchase and equity compensation plans		(1,048)		(576)		(256)
Excess tax benefit on stock-based compensation		24		7		24
Reissuance of treasury stock in excess of cost basis		96		—		—
Proceeds from exercise of stock options		160		—		—
Settlement of warrants		(368)		—		—
Payment of dividends		(6,711)		(8,476)		(10,139)
Repurchase of shares		(175,048)		(119,370)		(146,736)
Net cash used in financing activities		(182,895)		(128,415)		(157,107)
Net (decrease) increase in cash and cash equivalents		(107,405)		(129,704)		152,206
Cash and cash equivalents at beginning of the year		123,144		252,848		100,642
Cash and cash equivalents at end of the year	$	15,739	$	123,144	$	252,848