PARENT COMPANY ONLY FINANCIAL STATEMENTS - Condensed Cash Flow Statement (Details) - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
| Net income |
$ 22,851
|
$ 15,786
|
$ 9,005
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Net amortization of discount on subordinated debentures |
107
|
218
|
0
|
| Increase (decrease) in accrued interest payable and other liabilities |
(851)
|
503
|
(215)
|
| Net cash provided by operating activities |
27,435
|
20,421
|
13,670
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
| Net cash used in investing activities |
(408,494)
|
(243,516)
|
(164,231)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
| Proceeds from initial public offering |
0
|
57,138
|
0
|
| Stock based compensation expense |
2,006
|
133
|
11,088
|
| Proceeds from other borrowed funds |
200,000
|
18,000
|
15,069
|
| Paydowns of other borrowed funds |
0
|
(45,500)
|
(10,000)
|
| Redemption of preferred stock |
0
|
(11,550)
|
0
|
| Preferred stock dividends |
0
|
(559)
|
0
|
| Issuance (repurchase) of treasury stock |
38
|
(52)
|
0
|
| Net cash provided by financing activities |
374,726
|
203,986
|
105,025
|
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
(6,333)
|
(19,109)
|
(45,536)
|
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
148,431
|
167,540
|
213,076
|
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
142,098
|
148,431
|
167,540
|
| Parent Company |
|
|
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
| Net income |
22,851
|
15,786
|
9,005
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Equity in undistributed earnings of subsidiaries |
(23,646)
|
(16,748)
|
(9,691)
|
| Net amortization of discount on subordinated debentures |
107
|
218
|
0
|
| (Increase) decrease in other assets |
(399)
|
220
|
28
|
| Increase (decrease) in accrued interest payable and other liabilities |
186
|
(462)
|
(441)
|
| Net cash provided by 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. |
0
|
(818)
|
0
|
| Capital investment in bank subsidiary |
0
|
(12,000)
|
(9,000)
|
| Net cash used in investing activities |
0
|
(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 |
0
|
57,138
|
0
|
| Stock based compensation expense |
1,501
|
1,351
|
0
|
| Proceeds from other borrowed funds |
0
|
18,000
|
15,069
|
| Paydowns of other borrowed funds |
0
|
(45,500)
|
(10,000)
|
| Redemption of preferred stock |
0
|
(11,550)
|
0
|
| Preferred stock dividends |
0
|
(559)
|
0
|
| Issuance (repurchase) of treasury stock |
38
|
(52)
|
0
|
| 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
|