Consolidated Statements of Shareholders’ Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings	[1]	Accumulated Other Comprehensive Income	Total
Balance, beginning of the period at Dec. 31, 2013	$ 3,269	$ 10,686	$ 99,491		$ (266)	$ 113,180
Comprehensive income:
Net income			12,344			12,344
Other comprehensive (loss) income					3,352	3,352
Common stock warrant repurchased		(2,303)				(2,303)
Stock options exercised		11				11
Share-based compensation		1,024				1,024
Restricted stock vested	15	65				80
Common stock issued	3	130				133
Common stock purchased	(4)	(157)				(161)
Cash dividends declared – common stock			(4,050)			(4,050)
Balance, end of period at Dec. 31, 2014	3,283	9,456	107,785		3,086	123,610
Comprehensive income:
Net income			12,530			12,530
Other comprehensive (loss) income					(1,915)	(1,915)
Stock options exercised	34	1,269				1,303
Share-based compensation		1,060				1,060
Restricted stock vested	27	144				171
Common stock issued	4	131				135
Common stock purchased	(47)	(1,640)				(1,687)
Cash dividends declared – common stock			(4,148)			(4,148)
Balance, end of period at Dec. 31, 2015	3,301	10,420	116,167		1,171	131,059
Comprehensive income:
Net income			13,459			13,459
Other comprehensive (loss) income					(2,155)	(2,155)
Stock options exercised	10	352				362
Share-based compensation		1,218				1,218
Restricted stock vested	26	(26)
Common stock issued	3	146				149
Common stock purchased	(9)	(405)				(414)
Cash dividends declared – common stock			(4,464)			(4,464)
Balance, end of period at Dec. 31, 2016	$ 3,331	$ 11,705	$ 125,162		$ (984)	$ 139,214

[1] Retained earnings as of December 31, 2013 and 2014 includes the cumulative effect of $239,000, and $237,000, respectively, resulting from the adoption of Accounting Standards Update (ASU) 2014-01 “Accounting For Investments in Qualified Affordable Housing Projects.” See “Note 1 - Summary of Significant Accounting Policies” and “Note 2 - Adoption of New Accounting Standard” for additional information.