PARENT COMPANY ONLY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Balance Sheet
ALLEGIANCE BANCSHARES, INC
(PARENT COMPANY ONLY)
CONDENSED BALANCE SHEETS
 
December 31,
 
2016
 
2015
 
(Dollars in thousands)
ASSETS
 

 
 

Cash and due from banks
$
21,206

 
$
18,562

Investment in subsidiary
268,804

 
250,228

Other assets
412

 
64

       TOTAL
$
290,422

 
$
268,854

 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 

 
 

LIABILITIES:
 

 
 

Other borrowed funds
$
569

 
$
569

Subordinated debentures
9,197

 
9,089

Accrued interest payable and other liabilities
839

 
706

Total liabilities
10,605

 
10,364

 
 
 
 
STOCKHOLDERS’ EQUITY:
 

 
 

Common stock
12,958

 
12,815

Capital surplus
212,649

 
209,285

Retained earnings
57,262

 
34,411

Accumulated other comprehensive (loss) income
(3,052
)
 
2,017

Less: Treasury stock, at cost, 1,711 shares at December 31, 2015. There were no treasury shares outstanding at December 31, 2016.
—

 
(38
)
Total stockholders’ equity
279,817

 
258,490

        TOTAL
$
290,422

 
$
268,854
Schedule of Condensed Income Statement
ALLEGIANCE BANCSHARES, INC
(PARENT COMPANY ONLY)
CONDENSED STATEMENTS OF INCOME 
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
 
(Dollars in thousands)
OPERATING INCOME:
 

 
 

 
 

Other income
$
11

 
$
16

 
$
—

Total income
11

 
16

 
—

OPERATING EXPENSE:
 

 
 

 
 

Interest expense on borrowed funds
30

 
707

 
229

Other expenses
1,204

 
771

 
810

Total operating expense
1,234

 
1,478

 
1,039

 
 
 
 
 
 
INCOME BEFORE INCOME TAX BENEFIT AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES
(1,223
)
 
(1,462
)
 
(1,039
)
INCOME TAX BENEFIT
428

 
500

 
353

 
 
 
 
 
 
INCOME BEFORE EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES
(795
)
 
(962
)
 
(686
)
EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES
23,646

 
16,748

 
9,691

NET INCOME
$
22,851

 
$
15,786

 
$
9,005

Preferred stock dividends
—

 
559

 
—

NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
$
22,851

 
$
15,227

 
$
9,005
Schedule of Condensed Cash Flow Statement
ALLEGIANCE BANCSHARES, INC
(PARENT COMPANY ONLY)
CONDENSED STATEMENTS OF CASH FLOWS
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
 
(Dollars in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
 

 
 

 
 

Net income
$
22,851

 
$
15,786

 
$
9,005

  Adjustments to reconcile net income to net cash used in operating activities:
 

 
 

 
 

Equity in undistributed earnings of subsidiaries
(23,646
)
 
(16,748
)
 
(9,691
)
Net amortization of discount on subordinated debentures
107

 
218

 
—

(Increase) decrease in other assets
(399
)
 
220

 
28

Increase (decrease) in accrued interest payable and other liabilities
186

 
(462
)
 
(441
)
Net cash used in operating activities
(901
)
 
(986
)
 
(1,099
)
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 

 
 

 
 

  Net cash and cash equivalents acquired in the purchase of F&M Bancshares, Inc.
—

 
818

 
—

  Capital investment in bank subsidiary
—

 
(12,000
)
 
(9,000
)
Net cash used in investing activities
—

 
(11,182
)
 
(9,000
)
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 

 
 

 
 

  Proceeds from issuance of common stock
2,006

 
133

 
11,088

  Proceeds from initial public offering
—

 
57,138

 
—

  Stock based compensation expense
1,501

 
1,351

 
—

  Proceeds from other borrowed funds
—

 
18,000

 
15,069

  Paydowns of other borrowed funds
—

 
(45,500
)
 
(10,000
)
  Redemption of preferred stock
—

 
(11,550
)
 
—

  Preferred stock dividends
—

 
(559
)
 
—

  Issuance (repurchase) of treasury stock
38

 
(52
)
 
—

Net cash provided by financing activities
3,545

 
18,961

 
16,157

NET CHANGE IN CASH AND CASH EQUIVALENTS
2,644

 
6,793

 
6,058

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
18,562

 
11,769

 
5,711

CASH AND CASH EQUIVALENTS, END OF PERIOD
$
21,206

 
$
18,562

 
$
11,769