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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 8,787 $ 8,162
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Amortization and accretion of premiums and discounts on securities, net 544 566
Accretion of loan discounts, net (1,310) (282)
Amortization of deposit premiums (407) (170)
Amortization of core deposit intangibles 296 122
Accretion of borrowing valuation allowance (12)  
Provision for loan losses 2,310 1,223
Depreciation 820 707
Net gain on sale of real estate acquired by foreclosure   (139)
Net gain on sale of mortgage loans HFS (232)  
Net gain on sale of guaranteed portion of loans (1,605) (1,223)
Originations of loans held for sale (9,645)  
Proceeds from sales of and principal collected on loans held for sale 9,163  
Writedown of real estate acquired by foreclosure 375 141
Stock-based compensation expense 567 97
Increase in accrued interest receivable and other assets, net (796) (29)
Increase in accrued interest payable and other liabilities, net (1,331) (8)
Net cash provided by operating activities 7,524 9,167
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the maturities or calls and paydowns of available-for-sale securities 23,860 21,144
Purchases of available-for-sale securities (48,036) (20,080)
Proceeds from the maturities or calls and paydowns of held-to-maturity securities 4,986 4,511
Purchases of held-to-maturity securities (1,788) (1,988)
Proceeds from sale of guaranteed portion of loans 16,705 14,682
Proceeds from sale of real estate acquired by foreclosure   1,825
Purchases of Federal Home Loan Bank of Dallas stock, net of redemptions 554 (1,131)
Purchases of Federal Reserve Bank stock (20) (4)
Net increase in loans held for investment (109,000) (89,343)
Investment in construction of premises and purchases of other fixed assets (393) (668)
Net cash used in investing activities (113,132) (71,052)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposit accounts 179,225 87,370
Net increase (decrease) in securities sold under agreements to repurchase 5,253 3,034
Net repayment of other short-term borrowed funds 20,000 5,000
Net repayment of other short-term borrowed funds (265) (23)
Proceeds from issuance of common stock due to exercise of stock options 888 76
Net cash provided by (used in) financing activities 205,101 95,457
NET INCREASE IN CASH AND CASH EQUIVALENTS 99,493 33,572
CASH AND CASH EQUIVALENTS:    
Beginning of year 68,923 34,757
End of year 168,416 68,329
SUPPLEMENTAL INFORMATION:    
Interest paid 4,443 4,914
Income taxes paid $ 5,100 $ 3,050