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Schedule II - Condensed Financial Information of Registrant Schedule II - Condensed Financial Information of Registrant, Statements of Cash Flows (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Cash Flow Statement
 
 
Years Ended December 31,
 
 
2017
 
2016
 
2015
 
 
(in thousands)
Operating activities
 
 
 
 
 
 
Net income
 
$
24,901

 
$
26,167

 
$
22,273

Adjustments to reconcile net income to net cash used in operating activities:
 
 
 
 
 
 
Deferred tax expense (benefit)
 
429

 
(65
)
 
61

Stock compensation expense
 
652

 
492

 
65

Equity in undistributed earnings of subsidiaries
 
(25,303
)
 
(27,734
)
 
(23,141
)
Changes in operating assets and liabilities
 
(1,583
)
 
520

 
(286
)
Net cash used in operating activities
 
(904
)
 
(620
)
 
(1,028
)
 
 
 
 
 
 
 
Investing activities
 
 
 
 
 
 
Dividends paid from subsidiary
 
4,500

 

 

Contributions to subsidiary
 

 
(40,000
)
 
(2,000
)
Net cash provided by (used in) investing activities
 
4,500

 
(40,000
)
 
(2,000
)
 
 
 
 
 
 
 
Financing activities
 
 
 
 
 
 
Common stock issued, net of transaction costs
 

 
72,841

 

Common stock issued, stock options exercised
 
1,077

 

 

Class A common stock issued
 

 

 
90

Dividends paid
 
(5,039
)
 
(2,097
)
 

Proceeds from note payable
 

 

 
2,000

Repayment of note payable
 

 
(30,000
)
 

Debt issuance costs
 

 

 
(30
)
Net cash (used in) provided by financing activities
 
(3,962
)
 
40,744

 
2,060

Net change in cash and cash equivalents
 
(366
)
 
124

 
(968
)
Cash and cash equivalents at beginning of year
 
1,868

 
1,744

 
2,712

Cash and cash equivalents at end of year
 
$
1,502

 
$
1,868

 
$
1,744