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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net income $ 8,627,000 $ 8,905,000 $ 4,945,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for loan losses 2,300,000 900,000 1,557,000
Write down of other real estate owned 563,000 3,000,000 355,000
Depreciation and amortization 5,447,000 4,618,000 3,518,000
Deferred income taxes 1,527,000 (5,056,000) (380,000)
Stock based compensation 2,116,000 1,842,000 759,000
Loss (gain) on sale of investment securities 67,000 146,000 (656,000)
Impairment charges on investment securities 7,000
Amortization of premiums on investment securities 2,878,000 2,469,000 1,980,000
Accretion of discounts on retained SBA loans (1,332,000) (1,088,000) (1,364,000)
Fair value adjustments on SBA servicing assets 1,458,000 1,187,000 1,075,000
Proceeds from sales of SBA loans originated for sale 42,726,000 42,269,000 58,107,000
SBA loans originated for sale (42,700,000) (37,062,000) (53,627,000)
Gains on sales of SBA loans originated for sale (3,105,000) (3,378,000) (4,981,000)
Proceeds from sales of mortgage loans originated for sale 322,264,000 311,187,000 163,414,000
Mortgage loans originated for sale (291,870,000) (321,222,000) (161,717,000)
Fair value adjustment for mortgage loans originated for sale 513,000 (846,000) (483,000)
Gains on mortgage loans originated for sale (8,378,000) (8,128,000) (3,712,000)
Amortization of intangible assets 61,000 43,000
Amortization of debt issuance costs 6,000 29,000 24,000
Increase in accrued interest receivable and other assets (5,047,000) (2,330,000) (2,729,000)
Net increase (decrease) in accrued interest payable and other liabilities 1,570,000 1,513,000 (846,000)
Net cash provided by (used in) operating activities 39,630,000 (984,000) 5,289,000
Cash flows from investing activities      
Purchase of investment securities available for sale (149,209,000) (165,065,000) (207,482,000)
Purchase of investment securities held to maturity (123,265,000) (89,350,000) (294,187,000)
Proceeds from the sale of securities available for sale 6,439,000 31,197,000 78,585,000
Proceeds from the paydown, maturity, or call of securities available for sale 48,796,000 48,547,000 36,982,000
Proceeds from the paydown, maturity, or call of securities held to maturity 63,565,000 37,315,000 33,160,000
Net (purchase) redemption of restricted stock (3,836,000) (552,000) 1,693,000
Net increase in loans (275,587,000) (197,965,000) (89,428,000)
Net proceeds from sale of other real estate owned 495,000 499,000 1,400,000
Net cash paid in acquisition (5,913,000)
Premises and equipment expenditures (18,161,000) (22,525,000) (14,291,000)
Net cash used in investing activities (450,763,000) (357,899,000) (459,481,000)
Cash flows from financing activities      
Net proceeds from stock offering 99,175,000
Net proceeds from exercise of stock options 670,413 646,263 726,157
Net increase in demand, money market and savings deposits 292,053,000 380,052,000 384,786,000
Net increase in time deposits 37,519,000 5,573,000 43,586,000
Increase (repayment) in short-term borrowings 91,422,000 (66,666,000)
Net cash provided by financing activities 421,664,000 386,271,000 461,607,000
Net increase in cash and cash equivalents 10,531,000 27,388,000 7,415,000
Cash and cash equivalents, beginning of year 61,942,000 34,554,000 27,139,000
Cash and cash equivalents, end of year 72,473,000 61,942,000 34,554,000
Supplemental disclosures      
Interest paid 15,905,000 8,935,000 6,664,000
Income taxes paid 75,000 190,000
Non-cash transfers from loans to other real estate owned 315,000 291,000 616,000
Conversion of subordinated debt to common stock 10,094,000 229,000
Transfer of available-for-sale securities to held-to-maturity securities $ 230,094,000