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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income $ 4,945,000 $ 2,433,000 $ 2,442,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 1,557,000 500,000 900,000
Loss on sale of other real estate owned 9,000
Write down of other real estate owned 355,000 3,069,000 1,138,000
Depreciation and amortization 3,518,000 3,080,000 2,382,000
Deferred income taxes (380,000) (84,000) (142,000)
Stock based compensation 759,000 600,000 420,000
Gain on sale of investment securities (656,000) (108,000) (458,000)
Impairment charges on investment securities 7,000 3,000 7,000
Amortization of premiums on investment securities 1,980,000 840,000 540,000
Accretion of discounts on retained SBA loans (1,364,000) (1,005,000) (899,000)
Fair value adjustments on SBA servicing assets 1,075,000 14,000 655,000
Proceeds from sales of SBA loans originated for sale 58,107,000 32,922,000 51,388,000
SBA loans originated for sale (53,627,000) (31,760,000) (43,416,000)
Gains on sales of SBA loans originated for sale (4,981,000) (3,139,000) (4,717,000)
Proceeds from sales of mortgage loans originated for sale 163,414,000
Mortgage loans originated for sale (161,717,000)
Gains on mortgage loans originated for sale (4,737,000)
Amortization of intangible assets 43,000
Amortization of debt issuance costs 24,000 24,000 24,000
Increase in accrued interest receivable and other assets (1,993,000) (2,966,000) (1,796,000)
Net (decrease) increase in accrued interest payable and other liabilities (1,040,000) 213,000 325,000
Net cash provided by operating activities 5,289,000 4,636,000 8,802,000
Cash flows from investing activities      
Purchase of investment securities available for sale (207,482,000) (146,668,000) (78,825,000)
Purchase of investment securities held to maturity (294,187,000) (121,402,000)
Proceeds from the sale of securities available for sale 78,585,000 11,707,000 5,700,000
Proceeds from the paydowns, maturity or call of securities available for sale 36,982,000 31,159,000 25,822,000
Proceeds from the paydowns, maturity or call of securities held to maturity 33,160,000 16,689,000 2,308,000
Net redemption (purchase) of restricted stock 1,693,000 (1,902,000) 413,000
Net increase in loans (89,428,000) (106,616,000) (104,357,000)
Net proceeds from sale of other real estate owned 1,400,000 792,000 197,000
Net cash paid in acquisition (5,913,000)
Premises and equipment expenditures (14,291,000) (14,214,000) (14,664,000)
Net cash used in investing activities (459,481,000) (330,455,000) (163,406,000)
Cash flows from financing activities      
Net proceeds from stock offering 99,175,000 44,853,000
Net proceeds from exercise of stock options 726,157 64,624 975
Net increase in demand, money market and savings deposits 384,786,000 184,859,000 206,163,000
Net increase (decrease) in time deposits 43,586,000 (7,791,000) (3,467,000)
(Repayment) increase in short-term borrowings (66,666,000) 47,000,000
Net cash provided by financing activities 461,607,000 224,132,000 247,550,000
Net increase (decrease) in cash and cash equivalents 7,415,000 (101,687,000) 92,946,000
Cash and cash equivalents, beginning of year 27,139,000 128,826,000 35,880,000
Cash and cash equivalents, end of year 34,554,000 27,139,000 128,826,000
Supplemental disclosures      
Interest paid 6,664,000 5,401,000 4,616,000
Income taxes paid 190,000 70,000
Non-cash transfers from loans to other real estate owned 616,000 11,459,000 1,000,000
Transfer of available-for-sale-securities to held-to-maturity securities $ 70,118,000