Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2016

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Parent Company Only Financial Statements

Note (20)—Parent company only financial statements:

	As of December 31,
Balance sheet	2016			2015
Assets
Cash and cash equivalents (1)	$	30,993		$	1,253
Investments		2,074			2,381
Investments in Bank subsidiary (1)		325,574			265,632
Note receivable - Bank subsidiary (1)		—			6,000
Interest receivable		—			31
Other assets		2,972			2,545
Goodwill		29			29
Total assets	$	361,642		$	277,871
Liabilities and shareholders' equity
Liabilities
Long-term debt	$	30,930		$	35,005
Subordinated debt		—			6,000
Accrued expenses and other liabilities		214			192
Total liabilities	$	31,144		$	41,197
Shareholders' equity
Common stock	$	24,108		$	17,180
Additional paid-in capital		213,480			94,544
Retained earnings		93,784			122,493
Accumulated other comprehensive (loss) income		(874	)		2,457
Total shareholders' equity	$	330,498		$	236,674
Total liabilities and shareholders' equity	$	361,642		$	277,871

(1) Eliminates in Consolidation

	For the years ended December 31,
Income Statements	2016			2015			2014
Income
Other interest income	$	33		$	33		$	32
Interest income from Bank subsidiary (1)		95			121			118
Gain on sale of investments		417			—			—
Dividend income from Bank subsidiary (1)		14,875			25,105			18,155
Earnings from Bank subsidiary (1)		26,859			23,879			15,429
Total income	$	42,279		$	49,138		$	33,734
Expenses
Interest expense		1,393			1,298			1,278
Salaries, legal and professional fees		315			3			3
Other noninterest expense		168			59			69
Federal and state income tax benefit		(188	)		(78	)		(78	)
Total expenses	$	1,688		$	1,282		$	1,272
Net income	$	40,591		$	47,856		$	32,462

(1) Eliminates in Consolidation

	For the years ended December 31,
Statement of Cash Flows	2016			2015			2014
Operating Activities
Net income	$	40,591		$	47,856		$	32,462
Adjustments to reconcile net income to net cash provided by    operating activities:
Equity in undistributed income of subsidiary bank		(26,859	)		(23,879	)		(15,429	)
Gain on sale of investments		(417	)		—			—
Stock-based compensation expense		4,693			—			—
(Increase) decrease in other assets		(427	)		1,292			(1,449	)
Increase (decrease) in other liabilities		(5,251	)		23			1,722
Other, net		7			(1	)		(1,751	)
Net cash provided by operating activities	$	12,337		$	25,291		$	15,555
Investing Activities
Other investments	$	724		$	761		$	(1,024	)
Net cash provided by (used in) investing activities		724			761			(1,024	)
Financing Activities
Equity contribution to Bank	$	(20,000	)	$	—		$	—
Payment of dividends		(69,300	)		(25,350	)		(14,850	)
Payment of subordinated debt		(10,075	)		—			—
Net proceeds from sale of common stock		116,054			—			—
Net cash provided by (used in) financing activities	$	16,679		$	(25,350	)	$	(14,850	)
Net increase (decrease) in cash and cash equivalents		29,740			702			(319	)
Cash and Cash Equivalents at beginning of year		1,253			551			870
Cash and Cash Equivalents at end of year	$	30,993		$	1,253		$	551
Supplemental noncash disclosures:
Conversion of cash-settled to stock-settled compensation	$	5,388		$	—		$	—
Forgiveness of intercompany debt	$	6,024		$	—		$	—
Dividends declared not paid	$	—		$	—		$	1,750