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CommunityOne Bancorp (Parent Company) (Tables)
12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Financial Statements of COB, Parent Company Only
The condensed financial position as of December 31, 2014 and 2013, and the condensed results of operations and cash flows for each of the years in the three-year period ended December 31, 2014 of COB, parent company only, are presented below. 
(dollars in thousands)
 
 
 
 
 
 
 
 
2014
 
2013
 
 
Condensed Balance Sheets
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Cash
 
$
6,032

 
$
637

 
 
Investment in subsidiaries
 
322,615

 
143,683

 
 
Other assets
 
3,678

 
505

 
 
Total Assets
 
$
332,325

 
$
144,825

 
 
Liabilities and shareholders’ equity:
 
 
 
 
 
 
Accrued liabilities
 
$
8,707

 
$
7,762

 
 
Borrowed funds
 
56,702

 
56,702

 
 
Shareholders’ equity
 
266,916

 
80,361

 
 
Total Shareholders’ Equity and Liabilities
 
$
332,325

 
$
144,825

 
 
 
 
 
 
 
 
 
 
 
2014
 
2013
 
2012
Condensed Statements of Operations
 
 
 
 
 
 
Noninterest income
 
$
33

 
$
31

 
$
34

Interest expense
 
(1,146
)
 
(1,092
)
 
(1,157
)
Noninterest expense
 
(1,011
)
 
(742
)
 
(970
)
Loss before tax (benefit) expense
 
(2,124
)
 
(1,803
)
 
(2,093
)
Income tax expense (benefit)
 
(3,180
)
 

 
(311
)
Income (Loss) before equity in undistributed net loss of subsidiaries
 
1,056

 
(1,803
)
 
(1,782
)
Equity in undistributed net income (loss) of subsidiaries
 
149,402

 
320

 
(38,223
)
Net income (loss)
 
$
150,458

 
$
(1,483
)
 
$
(40,005
)
 
 
 
 
 
 
 
Condensed Statements of Cash Flows
 
2014
 
2013
 
2012
Cash flows from operating activities
 
 
 
 
 
 
Net Income (Loss)
 
$
150,458

 
$
(1,483
)
 
$
(40,005
)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
 
 
 
 
 
 
Equity in undistributed net income (loss) of subsidiaries
 
(149,402
)
 
(320
)
 
38,223

Other, net
 
(2,095
)
 
1,153

 
503

Net cash used in operating activities
 
(1,039
)
 
(650
)
 
(1,279
)
Cash flows from investing activities
 
 
 
 
 
 
Downstream cash investment in subsidiary
 
(19,400
)
 

 
(6,709
)
Net cash used in investing activities
 
(19,400
)
 

 
(6,709
)
Cash flows from financing activities
 
 
 
 
 
 
Proceeds from issuance of common stock, net of costs
 
24,982

 


 
6,694

Other
 
852

 
681

 
(908
)
Net cash provided by financing activities
 
25,834

 
681

 
5,786

Net increase (decrease) in cash
 
5,395

 
31

 
(2,202
)
Cash at beginning of period
 
637

 
606

 
2,808

Cash at end of period
 
$
6,032

 
$
637

 
$
606