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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 8,905,000 $ 4,945,000 $ 2,433,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Provision for loan losses 900,000 1,557,000 500,000
Write down of other real estate owned 3,000,000 355,000 3,069,000
Depreciation and amortization 4,618,000 3,518,000 3,080,000
Deferred income taxes (5,056,000) (380,000) (84,000)
Stock based compensation 1,842,000 759,000 600,000
Loss (gain) on sale of investment securities 146,000 (656,000) (108,000)
Impairment charges on investment securities 0 7,000 3,000
Amortization of premiums on investment securities 2,469,000 1,980,000 840,000
Accretion of discounts on retained SBA loans (1,088,000) (1,364,000) (1,005,000)
Fair value adjustments on SBA servicing assets 1,187,000 1,075,000 14,000
Proceeds from sales of SBA loans originated for sale 42,269,000 58,107,000 32,922,000
SBA loans originated for sale (37,062,000) (53,627,000) (31,760,000)
Gains on sales of SBA loans originated for sale (3,378,000) (4,981,000) (3,139,000)
Proceeds from sales of mortgage loans originated for sale 311,187,000 163,414,000
Mortgage loans originated for sale (321,222,000) (161,717,000)
Fair value adjustment for mortgage loans originated for sale (846,000) (483,000)
Gains on mortgage loans originated for sale (8,128,000) (3,712,000)
Amortization of intangible assets 61,000 43,000
Amortization of debt issuance costs 29,000 24,000 24,000
Increase in accrued interest receivable and other assets (2,330,000) (2,729,000) (2,966,000)
Net increase (decrease) in accrued interest payable and other liabilities 1,513,000 (846,000) 213,000
Net cash (used in) provided by operating activities (984,000) 5,289,000 4,636,000
Cash flows from investing activities      
Purchase of investment securities available for sale (165,065,000) (207,482,000) (146,668,000)
Purchase of investment securities held to maturity (89,350,000) (294,187,000) (121,402,000)
Proceeds from the sale of securities available for sale 31,197,000 78,585,000 11,707,000
Proceeds from the paydowns, maturity or call of securities available for sale 48,547,000 36,982,000 31,159,000
Proceeds from the paydowns, maturity or call of securities held to maturity 37,315,000 33,160,000 16,689,000
Net (purchase) redemption of restricted stock (552,000) 1,693,000 (1,902,000)
Net increase in loans (197,965,000) (89,428,000) (106,616,000)
Net proceeds from sale of other real estate owned 499,000 1,400,000 792,000
Net cash paid in acquisition (5,913,000)
Premises and equipment expenditures (22,525,000) (14,291,000) (14,214,000)
Net cash used in investing activities (357,899,000) (459,481,000) (330,455,000)
Cash flows from financing activities      
Net proceeds from stock offering 99,175,000
Net proceeds from exercise of stock options 646,263 726,157 64,624
Net increase in demand, money market and savings deposits 380,052,000 384,786,000 184,859,000
Net increase (decrease) in time deposits 5,573,000 43,586,000 (7,791,000)
(Repayment) increase in short-term borrowings (66,666,000) 47,000,000
Net cash provided by financing activities 386,271,000 461,607,000 224,132,000
Net increase (decrease) in cash and cash equivalents 27,388,000 7,415,000 (101,687,000)
Cash and cash equivalents, beginning of year 34,554,000 27,139,000 128,826,000
Cash and cash equivalents, end of year 61,942,000 34,554,000 27,139,000
Supplemental disclosures      
Interest paid 8,935,000 6,664,000 5,401,000
Income taxes paid 75,000 190,000
Non-cash transfers from loans to other real estate owned 291,000 616,000 11,459,000
Conversion of subordinated debt to common stock $ 229,000