First Foundation (FFWM) 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 12, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	FFWM
Entity Registrant Name	First Foundation Inc.
Entity Central Index Key	1,413,837
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		15,022,899

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 172,844	$ 29,692
Securities available-for-sale (“AFS”)	144,250	138,270
Loans held for sale	113,325
Loans, net of deferred fees	1,405,771	1,166,392
Allowance for loan and lease losses (“ALLL”)	(10,800)	(10,150)
Net loans	1,394,971	1,156,242
Investment in FHLB stock	13,290	12,361
Premises and equipment, net	2,349	2,187
Deferred taxes	13,726	9,748
Real estate owned (“REO”)	4,492	334
Goodwill and intangibles	1,729	197
Other assets	8,704	6,393
Total Assets	1,869,680	1,355,424
Liabilities:
Deposits	1,266,318	962,954
Borrowings	472,250	282,886
Accounts payable and other liabilities	9,110	10,088
Total Liabilities	$ 1,747,678	$ 1,255,928
Commitments and contingencies
Shareholders’ Equity
Common Stock, par value $.001: 20,000,000 shares authorized; 8,785,533 and 7,845,182 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	$ 9	$ 8
Additional paid-in-capital	95,854	78,204
Retained earnings	25,952	20,384
Accumulated other comprehensive income, net of tax	187	900
Total Shareholders’ Equity	122,002	99,496
Total Liabilities and Shareholders’ Equity	$ 1,869,680	$ 1,355,424

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	8,785,533	7,845,182
Common stock, shares outstanding	8,785,533	7,845,182

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income:
Loans	$ 13,362	$ 10,227	$ 25,463	$ 20,331
Securities AFS	822	550	1,637	942
Fed funds sold, FHLB stock and deposits	809	154	1,051	333
Total interest income	14,993	10,931	28,151	21,606
Interest expense:
Deposits	1,115	838	2,038	1,642
Borrowings	454	277	818	398
Total interest expense	1,569	1,115	2,856	2,040
Net interest income	13,424	9,816	25,295	19,566
Provision for loan losses	753	0	903	235
Net interest income after provision for loan losses	12,671	9,816	24,392	19,331
Noninterest income:
Asset management, consulting and other fees	5,922	5,202	11,772	10,241
Other income	498	1,214	852	1,726
Total noninterest income	6,420	6,416	12,624	11,967
Noninterest expense:
Compensation and benefits	9,390	8,034	18,570	16,514
Occupancy and depreciation	1,968	1,804	3,925	3,632
Professional services and marketing costs	1,512	2,099	2,570	3,348
Other expenses	1,104	1,934	2,267	2,923
Total noninterest expense	13,974	13,871	27,332	26,417
Income before taxes on income	5,117	2,361	9,684	4,881
Taxes on income	2,175	1,094	4,116	2,152
Net income	$ 2,942	$ 1,267	$ 5,568	$ 2,729
Net income per share:
Basic	$ 0.36	$ 0.16	$ 0.70	$ 0.35
Diluted	$ 0.35	$ 0.16	$ 0.67	$ 0.34
Shares used to compute net income per share:
Basic	8,070,386	7,734,231	7,963,515	7,733,874
Diluted	8,449,703	8,145,097	8,330,632	8,141,641

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in-Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2014	$ 99,496	$ 8	$ 78,204	$ 20,384	$ 900
Beginning balance (in shares) at Dec. 31, 2014		7,845,182
Net income	5,568			5,568
Other comprehensive income	(713)				(713)
Stock based compensation	253		253
Exercise of options	140	$ 1	140
Exercise of options (in shares)		11,000
Payout of contingent consideration	452		452
Payout of contingent consideration (in shares)		31,064
Sale of stock	5,000		5,000
Sale of stock (in shares)		272,035
Stock issued in acquisition	11,806		11,805
Stock issued in acquisition (in shares)		621,345
Issuance of restricted stock (in shares)		4,907
Ending balance at Jun. 30, 2015	$ 122,002	$ 9	$ 95,854	$ 25,952	$ 187
Ending balance (in shares) at Jun. 30, 2015		8,785,533

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 2,942	$ 1,267	$ 5,568	$ 2,729
Other comprehensive income:
Unrealized holding gains (losses) on securities arising during the period	(2,478)	2,153	(1,213)	2,953
Other comprehensive income (loss) before tax	(2,478)	2,153	(1,213)	2,953
Income tax (expense) benefit related to items of other comprehensive income	1,020	(888)	500	(1,217)
Other comprehensive income (loss)	(1,458)	1,265	(713)	1,736
Total comprehensive income	$ 1,484	$ 2,532	$ 4,855	$ 4,465

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net income	$ 5,568	$ 2,729
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	903	235
Stock–based compensation expense	253	298
Depreciation and amortization	650	648
Deferred tax provision	(685)	575
Amortization of discounts on purchased loans, net	(271)	(1,041)
Gain on sale of REO		(655)
Increase in other assets	(1,892)	(361)
Decrease in accounts payable and other liabilities	(1,567)	(75)
Net cash provided by operating activities	2,959	2,353
Cash Flows from Investing Activities:
Net increase in loans	(274,913)	(104,642)
Proceeds from sale of REO		2,530
Purchase of loan secured by REO property		(1,285)
Purchases of premises and equipment	(749)	(73)
Purchase of securities AFS	(7,543)	(58,195)
Maturity / sale / payments – securities AFS	7,525	1,865
Cash acquired in acquisition	38,624
Purchases (net of redemptions) of FHLB stock	(777)	(2,444)
Net cash used in investing activities	(237,833)	(162,244)
Cash Flows from Financing Activities:
Increase in deposits	183,523	55,128
FHLB Advances – net increase	180,000	53,000
Proceeds – term note	10,114	15,000
Principal payments – term note	(750)	(784)
Proceeds from sale of stock, net	5,139
Net cash provided by financing activities	378,026	122,344
Increase (decrease) in cash and cash equivalents	143,152	(37,547)
Cash and cash equivalents at beginning of year	29,692	56,954
Cash and cash equivalents at end of period	172,844	19,407
Supplemental disclosures of cash flow information:
Interest	2,820	1,934
Income taxes	4,950	1,425
Noncash transactions:
Chargeoffs against allowance for loans losses	253
Transfer of foreclosed loans to REO		$ 1,500
Transfer of loans to loans held for sale	$ 113,325

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	NOTE 1: BASIS OF PRESENTATION The consolidated financial statements include First Foundation Inc. (“FFI”) and its wholly owned subsidiaries: First Foundation Advisors (“FFA”), First Foundation Bank (“FFB” or the “Bank”) and First Foundation Insurance Services (“FFIS”), a wholly owned subsidiary of FFB (collectively referred to as the “Company”). All inter-company balances and transactions have been eliminated in consolidation. The results of operations reflect any interim adjustments, all of which are of a normal recurring nature and which, in the opinion of management, are necessary for a fair presentation of the results for the interim period presented. The results for the 2015 interim periods are not necessarily indicative of the results expected for the full year. The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and prevailing practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ significantly from those estimates. The accompanying unaudited consolidated financial statements include all information and footnotes required for interim financial statement presentation. Those financial statements assume that readers of this Report have read the most recent Annual Report on Form 10-K which contains the latest available audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2014. Certain reclassifications have been made to the prior year consolidated financial statements to conform to the 2015 presentation. In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 660): Summary and Amendments that Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs-Contracts with Customers (Subtopic 340-40)”. The guidance in this update supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the codification. For public companies, this update will be effective for interim and annual periods beginning after December 15, 2016. The Company is currently assessing the impact that this guidance will have on its consolidated financial statements, but does not expect the guidance to have a material impact on the Company's consolidated financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	NOTE 2: ACQUISITIONS On June 16, 2015, the Company acquired all the assets and operations and assumed all the liabilities of Pacific Rim Bank (‘PRB”) in exchange for 621,345 shares of its common stock with a fair value of $19.00 per share and paid $543,000 in cash, which was paid to dissenting shareholders. The primary reason for acquiring PRB was to expand our operations into Hawaii. The Company contributed all of the assets, assumed liabilities and operations of PRB to the Bank. The acquisition is accounted for under the purchase method of accounting. The acquired assets, assumed liabilities and identifiable intangible assets are recorded at their respective acquisition date fair values. Goodwill of $0.5 million, which is not tax deductible, is included in intangible assets in the table below. These amounts are based on current information and are subject to adjustment as the Company completes its analysis of the fair values of the assets acquired and liabilities assumed. The following table represents the assets acquired and liabilities assumed of PRB as of June 16, 2015 and the fair value adjustments and amounts recorded by the Bank in 2015 under the acquisition method of accounting: PRB Book Value Fair Value Adjustments Fair Value (dollars in thousands) Assets Acquired: Cash and cash equivalents $ 38,624 $ — $ 38,624 Securities AFS 7,179 115 7,294 Loans, net of deferred fees 80,192 (2,419 ) 77,773 Allowance for loan losses (2,034 ) 2,034 — Premises and equipment, net 251 (188 ) 63 Investment in FHLB stock 152 — 152 Deferred taxes — 2,793 2,793 REO 4,374 (216 ) 4,158 Intangible assets — 1,563 1,563 Other assets 289 — 289 Total assets acquired $ 129,027 $ 3,682 $ 132,709 Liabilities Assumed: Deposits $ 119,663 $ 178 $ 119,841 Accounts payable and other liabilities 631 (112 ) 519 Total liabilities assumed 120,294 66 120,360 Excess of assets acquired over liabilities assumed 8,733 3,616 12,349 Total $ 129,027 $ 3,682 $ 132,709 Consideration: Stock issued $ 11,806 Cash paid 543 Total $ 12,349 In many cases, the fair values of assets acquired and liabilities assumed were determined by estimating the cash flows expected to result from those assets and liabilities and discounting them at appropriate market rates. The most significant category of assets for which this procedure was used was that of acquired loans. The excess of expected cash flows above the fair value of the majority of loans will be accreted to interest income over the remaining lives of the loans in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 310-20. Certain loans, for which specific credit-related deterioration since origination was identified, are recorded at fair value reflecting the present value of the amounts expected to be collected. Income recognition on these “purchased credit impaired” loans is based on a reasonable expectation about the timing and amount of cash flows to be collected. Acquired loans deemed impaired and considered collateral dependent, with the timing of the sale of loan collateral indeterminate, remain on nonaccrual status and have no accretable yield. All purchased credit impaired loans were classified as accruing loans as of and subsequent to the acquisition date. In accordance with generally accepted accounting principles there was no carryover of the allowance for loan losses that had been previously recorded by PRB. The Company recorded a deferred income tax asset of $2.8 million related to PRB’s operating loss carry-forward and other tax attributes of PRB, along with the effects of fair value adjustments resulting from applying the purchase method of accounting. The fair value of savings and transaction deposit accounts acquired from PRB were assumed to approximate their carrying value as these accounts have no stated maturity and are payable on demand. Certificates of deposit accounts were valued by comparing the contractual cost of the portfolio to an identical portfolio bearing current market rates. The portfolio was segregated into pools based on remaining maturity. For each pool, the projected cash flows from maturing certificates were then calculated based on contractual rates and prevailing market rates. The valuation adjustment for each pool is equal to the present value of the difference of these two cash flows, discounted at the assumed market rate for a certificate with a corresponding maturity. This valuation adjustment will be accreted to reduce interest expense over the remaining maturities of the respective pools. The Company also recorded a core deposit intangible, which represents the value of the deposit relationships acquired from PRB, of $1.1 million. The core deposit intangible will be amortized over a period of 7 years. Pro Forma Information (unaudited) The following table presents unaudited pro forma information as if the acquisition of PRB had occurred on January 1, 2015, and January 1, 2014, for the six months periods ending June 30, 2015 and 2014, respectively, after giving effect to certain adjustments. The unaudited pro forma information for these periods includes adjustments for interest income on loans acquired, amortization of intangibles arising from the transaction, adjustments for interest expense on deposits acquired, and the related income tax effects of all these items and the income tax benefits derived from PRB’s loss before taxes. The net effect of these pro forma adjustments were increases of $0.3 million and $0.1 million in net income for the six months ended June 30, 2015 and 2014, respectively. The unaudited pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transaction been effected on the assumed dates. Six Months Ended June 30, 2015 2014 (dollars in thousands) Net interest income $ 26,991 $ 21,537 Provision for loan losses 903 235 Noninterest income 12,689 12,116 Noninterest expenses 30,208 28,979 Income before taxes 8,569 4,439 Taxes on income 3,647 1,966 Net income $ 4,922 $ 2,473 Net income per share: Basic $ 0.58 $ 0.30 Diluted $ 0.55 $ 0.28 The revenues (net interest income and noninterest income) and net income for the period from June 16, 2015 to June 30, 2015 related to the operations acquired from PRB and included in the results of operations for the six months ended June 30, 2015 was approximately $0.2 million and $0.0 million, respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	3. FAIR VALUE MEASUREMENTS Assets Measured at Fair Value on a Recurring Basis The Fair Value Measurement Level Total Level 1 Level 2 Level 3 (dollars in thousands) June 30, 2015: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 16,070 — 16,070 — Agency mortgage-backed securities 127,880 — 127,880 — Total assets at fair value on a recurring basis $ 144,250 $ 300 $ 143,950 $ — December 31, 2014: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 10,277 — 10,277 — Agency mortgage-backed securities 127,693 — 127,693 — Total assets at fair value on a recurring basis $ 138,270 $ 300 $ 137,970 $ — Fair Value of Financial Instruments We have elected to use fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Securities available for sale are measured at fair value on a recurring basis. Additionally, from time to time, we may be required to measure at fair value other assets on a nonrecurring basis, such as loans held for investment and certain other assets. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Fair value estimates are made at a discrete point in time based on relevant market information and other information about the financial instruments. Because no active market exists for a significant portion of our financial instruments, fair value estimates are based in large part on judgments we make primarily regarding current economic conditions, risk characteristics of various financial instruments, prepayment rates, and future expected loss experience. These estimates are subjective in nature and invariably involve some inherent uncertainties. Additionally, unexpected changes in events or circumstances can occur that could require us to make changes to our assumptions and which, in turn, could significantly affect and require us to make changes to our previous estimates of fair value. In addition, the fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of existing and anticipated future customer relationships and the value of assets and liabilities that are not considered financial instruments, such as premises and equipment and other real estate owned. The Company does not currently have any assets measured at fair value on a nonrecurring basis. The following methods and assumptions were used to estimate the fair value of financial instruments. Cash and Cash Equivalents . The fair value of cash and cash equivalents approximates its carrying value. Interest-Bearing Deposits with Financial Institutions . The fair values of interest-bearing deposits maturing within ninety days approximate their carrying values. Investment Securities Available for Sale . Investment securities available-for-sale are measured at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as level 3 include asset-backed securities in less liquid markets. Federal Home Loan Bank and Federal Reserve Bank Stock. The Bank is a member of the Federal Home Loan Bank (the “FHLB”) and the Federal Reserve Bank of San Francisco (the “FRB”). As members, we are required to own stock of the FHLB and the FRB, the amount of which is based primarily on the level of our borrowings from those institutions. We also have the right to acquire additional shares of stock in either or both of the FHLB and the FRB; however, to date, we have not done so. The fair values of that stock are equal to their respective carrying amounts, are classified as restricted securities and are periodically evaluated for impairment based on our assessment of the ultimate recoverability of our investments in that stock. Any cash or stock dividends paid to us on such stock are reported as income. Loans Held for Sale. Mortgage loans originated or transferred and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value, as determined by outstanding commitments from investors. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Loans . The fair value for loans with variable interest rates is the carrying amount. The fair value of fixed rate loans is derived by calculating the discounted value of future cash flows expected to be received by the various homogeneous categories of loans. All loans have been adjusted to reflect changes in credit risk. Impaired Loans . ASC 820-10 applies to loans measured for impairment in accordance with ASC 310-10, “Accounting by Creditors for Impairment of a Loan”, including impaired loans measured at an observable market price (if available), and at the fair value of the loan’s collateral (if the loan is collateral dependent) less selling cost. The fair value of an impaired loan is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. When the fair value of the collateral is based on an observable market price or a current appraised value, we measure the impaired loan at nonrecurring Level 2. When an appraised value is not available, or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price or a discounted cash flow has been used to determine the fair value, we measure the impaired loan at nonrecurring Level 3. Deposits . The fair value of demand deposits, savings deposits, and money market deposits is defined as the amounts payable on demand at quarter-end. The fair value of fixed maturity certificates of deposit is estimated based on the discounted value of the future cash flows expected to be paid on the deposits. Borrowings . The fair value of $443 million in borrowings is the carrying value of overnight FHLB advances that approximate fair value because of the short-term maturity of this instrument, resulting in a Level 2 classification. The fair value of term borrowings is derived by calculating the discounted value of future cash flows expected to be paid out by the Company. The $29.2 million term loan is a variable rate loan for which the rate adjusts quarterly, and as such, its fair value is based on its carrying value resulting in a Level 3 classification. The carrying amounts and estimated fair values of financial instruments are as follows as of: Carrying Fair Value Measurement Level (dollars in thousands) Value 1 2 3 Total June 30, 2015: Assets: Cash and cash equivalents $ 172,844 $ 172,844 $ — $ — $ 172,844 Securities AFS 144,250 300 143,950 — 144,250 Loans 1,394,971 — — 1,423,779 1,423,779 Loans held for sale 113,325 — — 115,308 115,308 Investment in FHLB stock 13,290 13,290 — — 13,290 Liabilities: Deposits 1,266,318 889,849 375,090 — 1,264,939 Borrowings 472,250 - 443,000 29,250 472,250 December 31, 2014: Assets: Cash and cash equivalents $ 29,692 $ 29,692 $ — $ — $ 29,692 Securities AFS 138,270 300 137,970 — 138,270 Loans 1,156,242 — — 1,186,408 1,186,408 Investment in FHLB stock 12,361 12,361 — — 12,361 Liabilities: Deposits 962,954 709,604 253,244 — 962,848 Borrowings 282,886 — 263,000 19,886 282,886

Securities

Securities	6 Months Ended
	Jun. 30, 2015
Investments Debt And Equity Securities [Abstract]
Securities	NOTE 4: SECURITIES The following table provides a summary of the Company’s securities AFS portfolio as of: Amortized Gross Unrealized Estimated (dollars in thousands) Cost Gains Losses Fair Value June 30, 2015: US Treasury securities $ 300 $ - $ - $ 300 FNMA and FHLB Agency notes 16,170 14 (114 ) 16,070 Agency mortgage-backed securities 127,463 1,140 (723 ) 127,880 Total $ 143,933 $ 1,154 $ (837 ) $ 144,250 December 31, 2014: US Treasury securities $ 300 $ — $ — $ 300 FNMA and FHLB Agency notes 10,496 — (219 ) 10,277 Agency mortgage-backed securities 125,944 1,881 (132 ) 127,693 Total $ 136,740 $ 1,881 $ (351 ) $ 138,270 The US Treasury securities are pledged as collateral to the State of California to meet regulatory requirements related to the Bank’s trust operations. The belo indicates a o June 30 th gros unrealize losse an fai value o ou investments aggregate b investmen categor and lengt o tim tha th individua securitie hav bee i continuou unrealize los position. Securities with Unrealized Loss at June 30, 2015 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss FNMA and FHLB Agency notes $ 7,661 $ (87 ) $ 2,722 $ (27 ) $ 10,383 $ (114) Agency mortgage backed securities 37,614 (723 ) — — 37,614 (723) Total temporarily impaired securities $ 45,275 $ (810 ) $ 2,722 $ (27 ) $ 47,997 $ (837) Unrealized losses on FNMA and FHLB agency notes and agency mortgage-backed securities have not been recognized into income because the issuer bonds are of high credit quality, management does not intend to sell and it is not more likely than not that management would be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates. The fair value is expected to recover as the bonds approach maturity. The scheduled maturities of securities AFS and the related weighted average yields were as follows as of June 30, 2015: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ 300 $ — $ — $ — $ 300 FNMA and FHLB Agency notes — 10,012 5,497 661 16,170 Total $ 300 $ 10,012 $ 5,497 $ 661 $ 16,470 Weighted average yield 0.45 % 1.44 % 1.89 % 0.88 % 1.55 % Estimated Fair Value: US Treasury securities $ 300 $ — $ — $ — $ 300 FNMA and FHLB Agency notes — 9,973 5,434 663 16,070 Total $ 300 $ 9,973 $ 5,434 $ 663 $ 16,370 Agency mortgage backed securities are excluded from the above table because such securities are not due at a single maturity date. The weighted average yield of the agency mortgage backed securities as of June 30, 2015 was 2.48%.

Loans

Loans	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans	NOTE 5: LOANS The following is a summary of our loans as of: (dollars in thousands) June 30, December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 421,480 $ 481,491 Single family 492,754 360,644 Total real estate loans secured by residential properties 914,234 842,135 Commercial properties 289,215 205,320 Land and construction 10,732 4,309 Total real estate loans 1,214,181 1,051,764 Commercial and industrial loans 147,755 93,537 Consumer loans 44,089 21,125 Total loans 1,406,025 1,166,426 Premiums, discounts and deferred fees and expenses (254 ) (34 ) Total $ 1,405,771 $ 1,166,392 As of June 30, 2015 and December 31, 2014, the principal balances shown above are net of unaccreted discount related to loans acquired in an acquisition of $3.2 million and $0.8 million, respectively. In 2012 and 2015, the Company purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows for the periods indicated: (dollars in thousands) Six Months Ended June 30, 2015 Year Ended December 31, Outstanding principal balance: Loans secured by real estate: Residential properties $ 1,857 $ — Commercial properties 575 206 Land 2,531 — Total real estate loans 4,963 206 Commercial and industrial loans 6,059 2,002 Consumer loans 4 249 Total loans 11,026 2,457 Unaccreted discount on purchased credit impaired loans (2,430 ) (651 ) Total $ 8,596 $ 1,806 Accretable yield, or income expected to be collected on purchased credit impaired loans, is as follows as of: (dollars in thousands) June 30, December 31, Beginning balance $ 130 $ 2,349 Accretion of income (94 ) (1,076 ) Reclassifications from nonaccretable difference — (391 ) Acquisition 1,167 — Disposals — (752 ) Ending balance $ 1,203 $ 130 The following table summarizes our delinquent and nonaccrual loans as of: Past Due and Still Accruing Total Past (dollars in thousands) 30–59 Days 60-89 Days 90 Days Nonaccrual Due and Current Total June 30, 2015: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 914,234 $ 914,234 Commercial properties 1,391 — 1,783 530 3,704 285,511 289,215 Land and construction 721 — — — 721 10,011 10,732 Commercial and industrial loans 2,934 — 1,007 329 4,270 143,485 147,755 Consumer loans — — — 102 102 43,987 44,089 Total $ 5,046 $ — $ 2,790 $ 961 $ 8,797 $ 1,397,228 $ 1,406,025 Percentage of total loans 0.36 % 0.00 % 0.20 % 0.07 % 0.63 % December 31, 2014: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 842,135 $ 842,135 Commercial properties — 805 200 596 1,601 203,719 205,320 Land and construction — — 651 — 651 3,658 4,309 Commercial and industrial loans 2,092 289 700 342 3,423 90,114 93,537 Consumer loans — — 637 163 800 20,325 21,125 Total $ 2,092 $ 1,094 $ 2,188 $ 1,101 $ 6,475 $ 1,159,951 $ 1,166,426 Percentage of total loans 0.18 % 0.09 % 0.19 % 0.09 % 0.56 % Accrual of interest on loans is discontinued when reasonable doubt exists as to the full, timely collection of interest or principal and, generally, when a loan becomes contractually past due for ninety days or more with respect to principal or interest. The accrual of interest may be continued on a well-secured loan contractually past due ninety days or more with respect to principal or interest if the loan is in the process of collection or collection of the principal and interest is deemed probable. The Bank considers a loan to be impaired when, based upon current information and events, it believes it is probable that the Bank will be unable to collect all amounts due according to the contractual terms of the loan agreement. The determination of past due, nonaccrual or impairment status of loans acquired in an acquisition, other than loans deemed purchased impaired, is the same as loans we originate. As of June 30, 2015 and December 31, 2014, the Company had two loans with a balance of $0.5 million classified as a troubled debt restructuring (“TDR”) which are included as nonaccrual in the table above. Both loans were classified as a TDR as a result of a reduction in required principal payments and an extension of the maturity date of the loans.

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Allowance for Loan Losses	NOTE 6: ALLOWANCE FOR LOAN LOSSES The following is a roll forward of the Bank’s allowance for loan losses for the following periods: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending Quarter Ended June 30, 2015: Real estate loans: Residential properties $ 6,447 $ 181 $ — $ — $ 6,628 Commercial properties 1,469 683 (240 ) — 1,912 Commercial and industrial loans 2,080 (150 ) (13 ) — 1,917 Consumer loans 304 39 — — 343 Total $ 10,300 $ 753 $ (253 ) $ — $ 10,800 Six Months Ended June 30, 2015: Real estate loans: Residential properties $ 6,586 $ 42 $ — $ — $ 6,628 Commercial properties 1,526 626 (240 ) — 1,912 Commercial and industrial loans 1,897 33 (13 ) — 1,917 Consumer loans 141 202 — — 343 Total $ 10,150 $ 903 $ (253 ) $ — $ 10,800 Year Ended December 31, 2014: Real estate loans: Residential properties $ 6,157 $ 429 $ — $ — $ 6,586 Commercial properties 1,440 86 — — 1,526 Commercial and industrial loans 2,149 (252 ) — — 1,897 Consumer loans 169 (28 ) — — 141 Total $ 9,915 $ 235 $ — $ — $ 10,150 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by impairment method as of: (dollars in thousands) Allowance for Loan Losses Unaccreted Evaluated for Impairment Purchased Component Individually Collectively Impaired Total Other Loans June 30, 2015: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,525 $ — $ 6,525 $ 203 Commercial properties 70 1,842 — 1,912 529 Land and construction — 103 — 103 80 Commercial and industrial loans 725 1,192 — 1,917 355 Consumer loans — 343 — 343 8 Total $ 795 $ 10,005 $ — $ 10,800 $ 1,575 Loans: Real estate loans: Residential properties $ 41 $ 912,568 $ 1,625 $ 914,234 $ 6,152 Commercial properties 6,632 282,199 384 289,215 49,082 Land and construction — 8,722 2,010 10,732 2,572 Commercial and industrial loans 8,404 134,774 4,577 147,755 36,434 Consumer loans 102 43,987 — 44,089 2,339 Total $ 15,179 $ 1,382,250 $ 8,596 $ 1,406,025 $ 96,579 December 31, 2014: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,519 $ — $ 6,519 $ 26 Commercial properties 26 1,500 — 1,526 193 Land and construction — 67 — 67 4 Commercial and industrial loans 686 1,211 — 1,897 45 Consumer loans — 141 — 141 — Total $ 712 $ 9,438 $ — $ 10,150 $ 268 Loans: Real estate loans: Residential properties $ 43 $ 842,092 $ — $ 842,135 $ 2,861 Commercial properties 5,742 199,378 200 205,320 21,126 Land and construction — 4,309 — 4,309 1,099 Commercial and industrial loans 5,635 86,343 1,559 93,537 5,893 Consumer loans 116 20,962 47 21,125 8 Total $ 11,536 $ 1,153,084 $ 1,806 $ 1,166,426 $ 30,987 The column labeled “Unaccreted Credit Component Other Loans” represents the amount of unaccreted credit component discount for loans acquired in an acquisition that were not classified as purchased impaired or individually evaluated for impairment as of the dates indicated, and the stated principal balance of the related loans. The unaccreted credit component discount is equal to 1.22% and 0.86% of the stated principal balance of these loans as of June 30, 2015 and December 31, 2014, respectively. In addition to this unaccreted credit component discount, an additional $0.3 million of the ALLL has been provided for these loans as of June 30, 2015 and December 31, 2014. The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. The Bank analyzes loans individually by classifying the loans as to credit risk. This analysis typically includes larger, non-homogeneous loans such as loans secured by multifamily or commercial real estate and commercial and industrial loans. This analysis is performed on an ongoing basis as new information is obtained. The Bank uses the following definitions for risk ratings: Pass: Loans classified as pass are strong credits with no existing or known potential weaknesses deserving of management’s close attention. Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Impaired: A loan is considered impaired, when, based on current information and events, it is probable that the Bank will be unable to collect all amounts due according to the contractual terms of the loan agreement. Additionally, all loans classified as troubled debt restructurings (“TDRs”) are considered impaired. Purchased credit impaired loans are not considered impaired loans for these purposes. Loans listed as pass include larger non-homogeneous loans not meeting the risk rating definitions above and smaller, homogeneous loans not assessed on an individual basis. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows as of: (dollars in thousands) Pass Special Substandard Impaired Total June 30, 2015: Real estate loans: Residential properties $ 911,068 $ 1,500 $ 1,625 $ 41 $ 914,234 Commercial properties 282,199 — 384 6,632 289,215 Land and construction 8,722 — 2,010 — 10,732 Commercial and industrial loans 133,163 1,611 4,577 8,404 147,755 Consumer loans 43,987 — — 102 44,089 Total $ 1,379,139 $ 3,111 $ 8,596 $ 15,179 $ 1,406,025 December 31, 2014: Real estate loans: Residential properties $ 841,538 $ 554 $ — $ 43 $ 842,135 Commercial properties 198,112 1,266 200 5,742 205,320 Land and construction 4,309 — — — 4,309 Commercial and industrial loans 81,067 5,276 1,559 5,635 93,537 Consumer loans 20,962 — 47 116 21,125 Total $ 1,145,988 $ 7,096 $ 1,806 $ 11,536 $ 1,166,426 Impaired loans evaluated individually and any related allowance is as follows as of: With No Allowance Recorded With an Allowance Recorded (dollars in thousands) Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Recorded Investment Related Allowance June 30, 2015 : Real estate loans: Residential properties $ 41 $ 41 $ — $ — $ — Commercial properties 6,457 6,457 175 175 70 Commercial and industrial loans 4,919 4,919 3,485 3,485 725 Consumer loans 102 102 — — — Total $ 11,519 $ 11,519 $ 3,660 $ 3,660 $ 795 December 31, 2014 : Real estate loans: Residential properties $ 43 $ 43 $ — $ — $ — Commercial properties 5,568 5,568 174 174 26 Commercial and industrial loans 2,094 2,094 3,541 3,451 686 Consumer loans 116 116 — — — Total $ 7,821 7,821 3,715 3,715 712 The weighted average annualized average balance of the recorded investment for impaired loans, beginning from when the loan became impaired, and any interest income recorded on impaired loans after they became impaired is as follows for the: Six months Ended Year Ended (dollars in thousands) Average Recorded Investment Interest Income after Impairment Average Recorded Investment Interest Income after Impairment Real estate loans: Residential properties $ 41 $ 2 $ 3,000 $ 25 Commercial properties 9,145 159 3,217 140 Commercial and industrial loans 8,207 239 1,196 241 Consumer loans 111 — 126 — Total $ 17,504 $ 400 $ 7,539 $ 406 There was no interest income recognized on a cash basis in either 2015 or 2014 on impaired loans.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
Deposits	NOTE 7: DEPOSITS The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: June 30, 2015 December 31, 2014 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 270,542 — $ 246,137 — Interest-bearing 325,327 0.461 % 291,509 0.502 % Money market and savings 293,980 0.503 % 171,958 0.626 % Certificates of deposits 376,469 0.555 % 253,350 0.619 % Total $ 1,266,318 0.400 % $ 962,954 0.427 % At June 30, 2015, of the $115.1 million of certificates of deposits of $250,000 or more, $107.8 million mature within one year and $7.3 million mature after one year. Of the $261.3 million of certificates of deposit of less than $250,000, $243.1 million mature within one year and $18.2 million mature after one year. At December 31, 2014, of the $117.0 million of certificates of deposits of $250,000 or more, $96.9 million mature within one year and $20.1 million mature after one year. Of the $136.4 million of certificates of deposit of less than $250,000, $127.1 million mature within one year and $9.3 million mature after one year.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Borrowings	NOTE 8: BORROWINGS At June 30, 2015, our borrowings consisted of $443.0 million of overnight FHLB advances and a $29.3 million term note payable by FFI. At December 31, 2014, our borrowings consisted of $263.0 million of overnight FHLB advances and a $19.9 million term note payable by FFI. The FHLB advances were paid in full in the early part of July 2015 and January 2015, respectively, and bore interest rates of 0.24% and 0.27%, respectively. Because the Bank utilizes overnight borrowings, the balance of outstanding borrowings fluctuates on a daily basis. In the second quarter of 2013, we entered into a secured loan agreement with an unaffiliated lender to borrow $7.5 million for a term of five years. In the first quarter of 2014, FFI entered into an amendment to this loan agreement pursuant to which we obtained an additional $15.0 million of borrowings. In February, 2015 FFI entered into a second amendment to this loan agreement pursuant to which we obtained an additional $10.3 million of borrowings, increasing our total borrowing under this loan to $29.3 million as of June 30, 2015. In addition, the maturity date was extended to May 2022 and the interest rate on the loan was reduced from ninety day LIBOR plus 4.00% to ninety day LIBOR plus 3.75%. These amendments did not alter any other terms of the Loan Agreement or the loan, other than the increases in the principal amount of the loan and a corresponding increase in the amount of the monthly installments of principal and interest payable on the loan. The amended loan agreement requires us to make monthly payments of principal of $0.25 million plus interest, with a final payment of the unpaid principal balance, in the amount of $8.75 million, plus accrued but unpaid interest, at the maturity date of the loan in May 2022. We have the right, in our discretion, to prepay the loan at any time in whole or, from time to time, in part, without any penalties or premium. As security for our repayment of the loan, we pledged all of the common stock of FFB to the lender. We are required to meet certain financial covenants during the term of the loan, including limits on classified assets and nonperforming assets, the maintenance of required leverage ratios, fixed charge coverage ratios and capital ratios and the maintenance of required liquidity levels at FFI. As of June 30, 2015, the Company was in compliance with all of these covenants. The term loan note agreement also contains restrictions against disposal of assets, incurrence of debt and the payment of dividends without the prior written consent of the lender.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 9: EARNINGS PER SHARE Basic earnings per share excludes dilution and is computed by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if contracts to issue common stock were exercised or converted into common stock that would then share in earnings. The following table sets forth the Company’s unaudited earnings per share calculations for the periods indicated: Quarter Ended June 30, 2015 Quarter Ended June 30, 2014 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 2,942 $ 2,942 $ 1,267 $ 1,267 Basic common shares outstanding 8,070,386 8,070,386 7,734,231 7,734,231 Effect of contingent shares issuable 796 43,333 Effect of options and restricted stock 378,521 367,533 Diluted common shares outstanding 8,449,703 8,145,097 Earnings per share $ 0.36 $ 0.35 $ 0.16 $ 0.16 Based on a weighted average basis, options to purchase 77,625 and 65,375 shares of common stock were excluded for the quarter ended June 30, 2015 and 2014 because their effect would have been anti-dilutive. Six Months Ended June 30, 2015 Six Months Ended June 30, 2014 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 5,568 $ 5,568 $ 2,729 $ 2,729 Basic common shares outstanding 7,963,515 7,963,515 7,733,874 7,733,874 Effect of contingent shares issuable 796 43,333 Effect of options and restricted stock 366,321 364,434 Diluted common shares outstanding 8,330,632 8,141,641 Earnings per share $ 0.70 $ 0.67 $ 0.35 $ 0.34 Based on a weighted average basis, options to purchase 78,371 and 65,748 shares of common stock were excluded for the six months ended June 30, 2015 and 2014, respectively, because their effect would have been anti-dilutive.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting	NOTE 10: SEGMENT REPORTING For the six months ended June 30, 2015 and 2014, the Company had two reportable business segments: Banking (FFB) and Wealth Management (FFA). The results of FFI and any elimination entries are included in the column labeled Other. The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods: (dollars in thousands) Banking Wealth Management Other Total Quarter ended June 30, 2015: Interest income $ 14,993 $ — $ — $ 14,993 Interest expense 1,273 — 296 1,569 Net interest income 13,720 — (296 ) 13,424 Provision for loan losses 753 — — 753 Noninterest income 1,384 5,188 (152 ) 6,420 Noninterest expense 8,566 4,550 858 13,974 Income (loss) before taxes on income $ 5,785 $ 638 $ (1,306 ) $ 5,117 Quarter ended June 30, 2014: Interest income $ 10,931 $ — $ — $ 10,931 Interest expense 888 — 227 1,115 Net interest income 10,043 — (227 ) 9,816 Provision for loan losses — — — — Noninterest income 1,887 4,662 (133 ) 6,416 Noninterest expense 7,615 4,383 1,873 13,871 Income (loss) before taxes on income $ 4,315 $ 279 $ (2,233 ) $ 2,361 Banking Wealth Management Other Total Six months ended June 30, 2015: Interest income $ 28,151 $ — $ — $ 28,151 Interest expense 2,320 — 536 2,856 Net interest income 25,831 — (536 ) 25,295 Provision for loan losses 903 — — 903 Noninterest income 2,662 10,255 (293 ) 12,624 Noninterest expense 16,485 9,265 1,582 27,332 Income (loss) before taxes on income $ 11,105 $ 990 $ (2,411 ) $ 9,684 Six months ended June 30, 2014: Interest income $ 21,606 $ — $ — $ 21,606 Interest expense 1,739 — 301 2,040 Net interest income 19,867 — (301 ) 19,566 Provision for loan losses 235 — — 235 Noninterest income 2,929 9,287 (249 ) 11,967 Noninterest expense 14,557 9,225 2,635 26,417 Income (loss) before taxes on income $ 8,004 $ 62 $ (3,185 ) $ 4,881

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 11: SUBSEQUENT EVENTS On July 1, 2015, the Company filed a “shelf” registration statement with the SEC on Form S-3 for the purpose of registering, under the Securities Act of 1933, as amended, an aggregate of $150 million of shares of its common stock that would be available for possible sale, in one or more transactions, in the future. The registration statement was declared effective on July 20, 2015. Pursuant to this registration statement, the Company commenced a public offering in which it sold a total of 6,233,766 shares of its common stock, at a public offering price of $19.25 per share, on August 12, 2015. The offering resulted in gross proceeds of $120.0 -

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	The following table represents the assets acquired and liabilities assumed of PRB as of June 16, 2015 and the fair value adjustments and amounts recorded by the Bank in 2015 under the acquisition method of accounting: PRB Book Value Fair Value Adjustments Fair Value (dollars in thousands) Assets Acquired: Cash and cash equivalents $ 38,624 $ — $ 38,624 Securities AFS 7,179 115 7,294 Loans, net of deferred fees 80,192 (2,419 ) 77,773 Allowance for loan losses (2,034 ) 2,034 — Premises and equipment, net 251 (188 ) 63 Investment in FHLB stock 152 — 152 Deferred taxes — 2,793 2,793 REO 4,374 (216 ) 4,158 Intangible assets — 1,563 1,563 Other assets 289 — 289 Total assets acquired $ 129,027 $ 3,682 $ 132,709 Liabilities Assumed: Deposits $ 119,663 $ 178 $ 119,841 Accounts payable and other liabilities 631 (112 ) 519 Total liabilities assumed 120,294 66 120,360 Excess of assets acquired over liabilities assumed 8,733 3,616 12,349 Total $ 129,027 $ 3,682 $ 132,709 Consideration: Stock issued $ 11,806 Cash paid 543 Total $ 12,349
Pro Forma Summarized Income Statement Data	The following table presents unaudited pro forma information as if the acquisition of PRB had occurred on January 1, 2015, and January 1, 2014, for the six months periods ending June 30, 2015 and 2014, respectively, after giving effect to certain adjustments. Six Months Ended June 30, 2015 2014 (dollars in thousands) Net interest income $ 26,991 $ 21,537 Provision for loan losses 903 235 Noninterest income 12,689 12,116 Noninterest expenses 30,208 28,979 Income before taxes 8,569 4,439 Taxes on income 3,647 1,966 Net income $ 4,922 $ 2,473 Net income per share: Basic $ 0.58 $ 0.30 Diluted $ 0.55 $ 0.28

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Recorded Amounts of Assets and Liabilities Measured at Fair Value on Recurring Basis	The Fair Value Measurement Level Total Level 1 Level 2 Level 3 (dollars in thousands) June 30, 2015: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 16,070 — 16,070 — Agency mortgage-backed securities 127,880 — 127,880 — Total assets at fair value on a recurring basis $ 144,250 $ 300 $ 143,950 $ — December 31, 2014: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 10,277 — 10,277 — Agency mortgage-backed securities 127,693 — 127,693 — Total assets at fair value on a recurring basis $ 138,270 $ 300 $ 137,970 $ —
Carrying Amounts and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of financial instruments are as follows as of: Carrying Fair Value Measurement Level (dollars in thousands) Value 1 2 3 Total June 30, 2015: Assets: Cash and cash equivalents $ 172,844 $ 172,844 $ — $ — $ 172,844 Securities AFS 144,250 300 143,950 — 144,250 Loans 1,394,971 — — 1,423,779 1,423,779 Loans held for sale 113,325 — — 115,308 115,308 Investment in FHLB stock 13,290 13,290 — — 13,290 Liabilities: Deposits 1,266,318 889,849 375,090 — 1,264,939 Borrowings 472,250 - 443,000 29,250 472,250 December 31, 2014: Assets: Cash and cash equivalents $ 29,692 $ 29,692 $ — $ — $ 29,692 Securities AFS 138,270 300 137,970 — 138,270 Loans 1,156,242 — — 1,186,408 1,186,408 Investment in FHLB stock 12,361 12,361 — — 12,361 Liabilities: Deposits 962,954 709,604 253,244 — 962,848 Borrowings 282,886 — 263,000 19,886 282,886

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investments Debt And Equity Securities [Abstract]
Summary of AFS Securities Portfolio	The following table provides a summary of the Company’s securities AFS portfolio as of: Amortized Gross Unrealized Estimated (dollars in thousands) Cost Gains Losses Fair Value June 30, 2015: US Treasury securities $ 300 $ - $ - $ 300 FNMA and FHLB Agency notes 16,170 14 (114 ) 16,070 Agency mortgage-backed securities 127,463 1,140 (723 ) 127,880 Total $ 143,933 $ 1,154 $ (837 ) $ 144,250 December 31, 2014: US Treasury securities $ 300 $ — $ — $ 300 FNMA and FHLB Agency notes 10,496 — (219 ) 10,277 Agency mortgage-backed securities 125,944 1,881 (132 ) 127,693 Total $ 136,740 $ 1,881 $ (351 ) $ 138,270
Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time	The belo indicates a o June 30 th gros unrealize losse an fai value o ou investments aggregate b investmen categor and lengt o tim tha th individua securitie hav bee i continuou unrealize los position. Securities with Unrealized Loss at June 30, 2015 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss FNMA and FHLB Agency notes $ 7,661 $ (87 ) $ 2,722 $ (27 ) $ 10,383 $ (114) Agency mortgage backed securities 37,614 (723 ) — — 37,614 (723) Total temporarily impaired securities $ 45,275 $ (810 ) $ 2,722 $ (27 ) $ 47,997 $ (837)
Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield	The scheduled maturities of securities AFS and the related weighted average yields were as follows as of June 30, 2015: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ 300 $ — $ — $ — $ 300 FNMA and FHLB Agency notes — 10,012 5,497 661 16,170 Total $ 300 $ 10,012 $ 5,497 $ 661 $ 16,470 Weighted average yield 0.45 % 1.44 % 1.89 % 0.88 % 1.55 % Estimated Fair Value: US Treasury securities $ 300 $ — $ — $ — $ 300 FNMA and FHLB Agency notes — 9,973 5,434 663 16,070 Total $ 300 $ 9,973 $ 5,434 $ 663 $ 16,370

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Summary of Loans	The following is a summary of our loans as of: (dollars in thousands) June 30, December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 421,480 $ 481,491 Single family 492,754 360,644 Total real estate loans secured by residential properties 914,234 842,135 Commercial properties 289,215 205,320 Land and construction 10,732 4,309 Total real estate loans 1,214,181 1,051,764 Commercial and industrial loans 147,755 93,537 Consumer loans 44,089 21,125 Total loans 1,406,025 1,166,426 Premiums, discounts and deferred fees and expenses (254 ) (34 ) Total $ 1,405,771 $ 1,166,392
Carrying Amount of Purchased Credit Impaired Loans	In 2012 and 2015, the Company purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows for the periods indicated: (dollars in thousands) Six Months Ended June 30, 2015 Year Ended December 31, Outstanding principal balance: Loans secured by real estate: Residential properties $ 1,857 $ — Commercial properties 575 206 Land 2,531 — Total real estate loans 4,963 206 Commercial and industrial loans 6,059 2,002 Consumer loans 4 249 Total loans 11,026 2,457 Unaccreted discount on purchased credit impaired loans (2,430 ) (651 ) Total $ 8,596 $ 1,806
Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans	Accretable yield, or income expected to be collected on purchased credit impaired loans, is as follows as of: (dollars in thousands) June 30, December 31, Beginning balance $ 130 $ 2,349 Accretion of income (94 ) (1,076 ) Reclassifications from nonaccretable difference — (391 ) Acquisition 1,167 — Disposals — (752 ) Ending balance $ 1,203 $ 130
Summary of Delinquent and Nonaccrual Loans	The following table summarizes our delinquent and nonaccrual loans as of: Past Due and Still Accruing Total Past (dollars in thousands) 30–59 Days 60-89 Days 90 Days Nonaccrual Due and Current Total June 30, 2015: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 914,234 $ 914,234 Commercial properties 1,391 — 1,783 530 3,704 285,511 289,215 Land and construction 721 — — — 721 10,011 10,732 Commercial and industrial loans 2,934 — 1,007 329 4,270 143,485 147,755 Consumer loans — — — 102 102 43,987 44,089 Total $ 5,046 $ — $ 2,790 $ 961 $ 8,797 $ 1,397,228 $ 1,406,025 Percentage of total loans 0.36 % 0.00 % 0.20 % 0.07 % 0.63 % December 31, 2014: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 842,135 $ 842,135 Commercial properties — 805 200 596 1,601 203,719 205,320 Land and construction — — 651 — 651 3,658 4,309 Commercial and industrial loans 2,092 289 700 342 3,423 90,114 93,537 Consumer loans — — 637 163 800 20,325 21,125 Total $ 2,092 $ 1,094 $ 2,188 $ 1,101 $ 6,475 $ 1,159,951 $ 1,166,426 Percentage of total loans 0.18 % 0.09 % 0.19 % 0.09 % 0.56 %

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Bank's Allowance for Loan Losses	The following is a roll forward of the Bank’s allowance for loan losses for the following periods: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending Quarter Ended June 30, 2015: Real estate loans: Residential properties $ 6,447 $ 181 $ — $ — $ 6,628 Commercial properties 1,469 683 (240 ) — 1,912 Commercial and industrial loans 2,080 (150 ) (13 ) — 1,917 Consumer loans 304 39 — — 343 Total $ 10,300 $ 753 $ (253 ) $ — $ 10,800 Six Months Ended June 30, 2015: Real estate loans: Residential properties $ 6,586 $ 42 $ — $ — $ 6,628 Commercial properties 1,526 626 (240 ) — 1,912 Commercial and industrial loans 1,897 33 (13 ) — 1,917 Consumer loans 141 202 — — 343 Total $ 10,150 $ 903 $ (253 ) $ — $ 10,800 Year Ended December 31, 2014: Real estate loans: Residential properties $ 6,157 $ 429 $ — $ — $ 6,586 Commercial properties 1,440 86 — — 1,526 Commercial and industrial loans 2,149 (252 ) — — 1,897 Consumer loans 169 (28 ) — — 141 Total $ 9,915 $ 235 $ — $ — $ 10,150
Balance in Allowance for Loan Losses and Recorded Investment in Loans by Impairment	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by impairment method as of: (dollars in thousands) Allowance for Loan Losses Unaccreted Evaluated for Impairment Purchased Component Individually Collectively Impaired Total Other Loans June 30, 2015: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,525 $ — $ 6,525 $ 203 Commercial properties 70 1,842 — 1,912 529 Land and construction — 103 — 103 80 Commercial and industrial loans 725 1,192 — 1,917 355 Consumer loans — 343 — 343 8 Total $ 795 $ 10,005 $ — $ 10,800 $ 1,575 Loans: Real estate loans: Residential properties $ 41 $ 912,568 $ 1,625 $ 914,234 $ 6,152 Commercial properties 6,632 282,199 384 289,215 49,082 Land and construction — 8,722 2,010 10,732 2,572 Commercial and industrial loans 8,404 134,774 4,577 147,755 36,434 Consumer loans 102 43,987 — 44,089 2,339 Total $ 15,179 $ 1,382,250 $ 8,596 $ 1,406,025 $ 96,579 December 31, 2014: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,519 $ — $ 6,519 $ 26 Commercial properties 26 1,500 — 1,526 193 Land and construction — 67 — 67 4 Commercial and industrial loans 686 1,211 — 1,897 45 Consumer loans — 141 — 141 — Total $ 712 $ 9,438 $ — $ 10,150 $ 268 Loans: Real estate loans: Residential properties $ 43 $ 842,092 $ — $ 842,135 $ 2,861 Commercial properties 5,742 199,378 200 205,320 21,126 Land and construction — 4,309 — 4,309 1,099 Commercial and industrial loans 5,635 86,343 1,559 93,537 5,893 Consumer loans 116 20,962 47 21,125 8 Total $ 11,536 $ 1,153,084 $ 1,806 $ 1,166,426 $ 30,987
Risk Category of Loans by Class of Loans	Based on the most recent analysis performed, the risk category of loans by class of loans is as follows as of: (dollars in thousands) Pass Special Substandard Impaired Total June 30, 2015: Real estate loans: Residential properties $ 911,068 $ 1,500 $ 1,625 $ 41 $ 914,234 Commercial properties 282,199 — 384 6,632 289,215 Land and construction 8,722 — 2,010 — 10,732 Commercial and industrial loans 133,163 1,611 4,577 8,404 147,755 Consumer loans 43,987 — — 102 44,089 Total $ 1,379,139 $ 3,111 $ 8,596 $ 15,179 $ 1,406,025 December 31, 2014: Real estate loans: Residential properties $ 841,538 $ 554 $ — $ 43 $ 842,135 Commercial properties 198,112 1,266 200 5,742 205,320 Land and construction 4,309 — — — 4,309 Commercial and industrial loans 81,067 5,276 1,559 5,635 93,537 Consumer loans 20,962 — 47 116 21,125 Total $ 1,145,988 $ 7,096 $ 1,806 $ 11,536 $ 1,166,426
Individual Evaluation of Impaired Loans and Related Allowance	Impaired loans evaluated individually and any related allowance is as follows as of: With No Allowance Recorded With an Allowance Recorded (dollars in thousands) Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Recorded Investment Related Allowance June 30, 2015 : Real estate loans: Residential properties $ 41 $ 41 $ — $ — $ — Commercial properties 6,457 6,457 175 175 70 Commercial and industrial loans 4,919 4,919 3,485 3,485 725 Consumer loans 102 102 — — — Total $ 11,519 $ 11,519 $ 3,660 $ 3,660 $ 795 December 31, 2014 : Real estate loans: Residential properties $ 43 $ 43 $ — $ — $ — Commercial properties 5,568 5,568 174 174 26 Commercial and industrial loans 2,094 2,094 3,541 3,451 686 Consumer loans 116 116 — — — Total $ 7,821 7,821 3,715 3,715 712
Weighted Average Annualized Balance of Recorded Investment and Interest Income on Impaired Loans	The weighted average annualized average balance of the recorded investment for impaired loans, beginning from when the loan became impaired, and any interest income recorded on impaired loans after they became impaired is as follows for the: Six months Ended Year Ended (dollars in thousands) Average Recorded Investment Interest Income after Impairment Average Recorded Investment Interest Income after Impairment Real estate loans: Residential properties $ 41 $ 2 $ 3,000 $ 25 Commercial properties 9,145 159 3,217 140 Commercial and industrial loans 8,207 239 1,196 241 Consumer loans 111 — 126 — Total $ 17,504 $ 400 $ 7,539 $ 406

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
Summary of Outstanding Balance of Deposits and Average Rates	The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: June 30, 2015 December 31, 2014 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 270,542 — $ 246,137 — Interest-bearing 325,327 0.461 % 291,509 0.502 % Money market and savings 293,980 0.503 % 171,958 0.626 % Certificates of deposits 376,469 0.555 % 253,350 0.619 % Total $ 1,266,318 0.400 % $ 962,954 0.427 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the Company’s unaudited earnings per share calculations for the periods indicated: Quarter Ended June 30, 2015 Quarter Ended June 30, 2014 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 2,942 $ 2,942 $ 1,267 $ 1,267 Basic common shares outstanding 8,070,386 8,070,386 7,734,231 7,734,231 Effect of contingent shares issuable 796 43,333 Effect of options and restricted stock 378,521 367,533 Diluted common shares outstanding 8,449,703 8,145,097 Earnings per share $ 0.36 $ 0.35 $ 0.16 $ 0.16 Six Months Ended June 30, 2015 Six Months Ended June 30, 2014 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 5,568 $ 5,568 $ 2,729 $ 2,729 Basic common shares outstanding 7,963,515 7,963,515 7,733,874 7,733,874 Effect of contingent shares issuable 796 43,333 Effect of options and restricted stock 366,321 364,434 Diluted common shares outstanding 8,330,632 8,141,641 Earnings per share $ 0.70 $ 0.67 $ 0.35 $ 0.34

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Key Operating Results of Business Segments	The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods: (dollars in thousands) Banking Wealth Management Other Total Quarter ended June 30, 2015: Interest income $ 14,993 $ — $ — $ 14,993 Interest expense 1,273 — 296 1,569 Net interest income 13,720 — (296 ) 13,424 Provision for loan losses 753 — — 753 Noninterest income 1,384 5,188 (152 ) 6,420 Noninterest expense 8,566 4,550 858 13,974 Income (loss) before taxes on income $ 5,785 $ 638 $ (1,306 ) $ 5,117 Quarter ended June 30, 2014: Interest income $ 10,931 $ — $ — $ 10,931 Interest expense 888 — 227 1,115 Net interest income 10,043 — (227 ) 9,816 Provision for loan losses — — — — Noninterest income 1,887 4,662 (133 ) 6,416 Noninterest expense 7,615 4,383 1,873 13,871 Income (loss) before taxes on income $ 4,315 $ 279 $ (2,233 ) $ 2,361 Banking Wealth Management Other Total Six months ended June 30, 2015: Interest income $ 28,151 $ — $ — $ 28,151 Interest expense 2,320 — 536 2,856 Net interest income 25,831 — (536 ) 25,295 Provision for loan losses 903 — — 903 Noninterest income 2,662 10,255 (293 ) 12,624 Noninterest expense 16,485 9,265 1,582 27,332 Income (loss) before taxes on income $ 11,105 $ 990 $ (2,411 ) $ 9,684 Six months ended June 30, 2014: Interest income $ 21,606 $ — $ — $ 21,606 Interest expense 1,739 — 301 2,040 Net interest income 19,867 — (301 ) 19,566 Provision for loan losses 235 — — 235 Noninterest income 2,929 9,287 (249 ) 11,967 Noninterest expense 14,557 9,225 2,635 26,417 Income (loss) before taxes on income $ 8,004 $ 62 $ (3,185 ) $ 4,881

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - Pacific Rim Bank - USD ($)	Jun. 16, 2015	Jun. 30, 2015	Jun. 30, 2014
Business Acquisition [Line Items]
Acquisition date		Jun. 16, 2015
Shares of common stock issued in exchange for acquisition	621,345
Stock value per share, acquisition date	$ 19
Cash paid upon acquisition to dissenting shareholders	$ 543,000
Goodwill	500,000
Deferred income tax asset, operating loss carry-forward		$ 2,800,000
Increase in net income, pro forma adjustment		300,000	$ 100,000
Business combination, pro forma information, revenue of acquiree since acquisition date, actual		200,000
Business combination, pro forma information, earnings or loss of acquiree since acquisition date, actual		$ 0
Core deposit
Business Acquisition [Line Items]
Business combination, value of deposit	$ 1,100,000
Finite-lived intangible asset, amortized period		7 years

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - Jun. 16, 2015 - Pacific Rim Bank - USD ($)	Total
Consideration:
Cash paid upon acquisition to dissenting shareholders	$ 543,000
PRB Book Value
Assets Acquired:
Cash and cash equivalents	38,624,000
Securities AFS	7,179,000
Loans, net of deferred fees	80,192,000
Allowance for loan losses	(2,034,000)
Premises and equipment, net	251,000
Investment in FHLB stock	152,000
REO	4,374,000
Other assets	289,000
Total assets acquired	129,027,000
Liabilities Assumed:
Deposits	119,663,000
Accounts payable and other liabilities	631,000
Total liabilities assumed	120,294,000
Excess of assets acquired over liabilities assumed	8,733,000
Total assets acquired	129,027,000
Fair Value Adjustments
Assets Acquired:
Securities AFS	115,000
Loans, net of deferred fees	(2,419,000)
Allowance for loan losses	2,034,000
Premises and equipment, net	(188,000)
Deferred taxes	2,793,000
REO	(216,000)
Intangible assets	1,563,000
Total assets acquired	3,682,000
Liabilities Assumed:
Deposits	178,000
Accounts payable and other liabilities	(112,000)
Total liabilities assumed	66,000
Excess of assets acquired over liabilities assumed	3,616,000
Total assets acquired	3,682,000
Fair Value
Assets Acquired:
Cash and cash equivalents	38,624,000
Securities AFS	7,294,000
Loans, net of deferred fees	77,773,000
Premises and equipment, net	63,000
Investment in FHLB stock	152,000
Deferred taxes	2,793,000
REO	4,158,000
Intangible assets	1,563,000
Other assets	289,000
Total assets acquired	132,709,000
Liabilities Assumed:
Deposits	119,841,000
Accounts payable and other liabilities	519,000
Total liabilities assumed	120,360,000
Excess of assets acquired over liabilities assumed	12,349,000
Total assets acquired	132,709,000
Consideration:
Stock issued	11,806,000
Cash paid upon acquisition to dissenting shareholders	543,000
Total	$ 12,349,000

Acquisitions - Pro Forma Summar

Acquisitions - Pro Forma Summarized Income Statement Data (Details) - Pacific Rim Bank - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Business Acquisition [Line Items]
Net interest income	$ 26,991	$ 21,537
Provision for loan losses	903	235
Noninterest income	12,689	12,116
Noninterest expenses	30,208	28,979
Income before taxes	8,569	4,439
Taxes on income	3,647	1,966
Net income	$ 4,922	$ 2,473
Net income per share:
Basic	$ 0.58	$ 0.30
Diluted	$ 0.55	$ 0.28

Fair Value Measurements - Recor

Fair Value Measurements - Recorded Amounts of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 144,250	$ 138,270
U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	300	300
FNMA and FHLB Agency Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	16,070	10,277
Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	127,880	127,693
Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	144,250	138,270
Fair Value on Recurring Basis | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	300	300
Fair Value on Recurring Basis | FNMA and FHLB Agency Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	16,070	10,277
Fair Value on Recurring Basis | Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	127,880	127,693
Fair Value Measurement Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	300	300
Fair Value Measurement Level 1 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	300	300
Fair Value Measurement Level 1 | Fair Value on Recurring Basis | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	300	300
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	143,950	137,970
Fair Value Measurement Level 2 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	143,950	137,970
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | FNMA and FHLB Agency Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	16,070	10,277
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 127,880	$ 127,693

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 0
Impaired loans measured at nonrecurring basis	When the fair value of the collateral is based on an observable market price or a current appraised value, we measure the impaired loan at nonrecurring Level 2. When an appraised value is not available, or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price or a discounted cash flow has been used to determine the fair value, we measure the impaired loan at nonrecurring Level 3.
Borrowings	$ 472,250,000	$ 282,886,000
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Borrowings	443,000,000	263,000,000
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Borrowings	29,250,000	$ 19,886,000
Term loan borrowings	$ 29,200,000

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 172,844	$ 29,692	$ 19,407	$ 56,954
Securities available-for-sale (“AFS”)	144,250	138,270
Loans	1,394,971	1,156,242
Loans held for sale	113,325
Investment in FHLB stock	13,290	12,361
Liabilities:
Deposits	1,266,318	962,954
Borrowings	472,250	282,886
Assets Fair Value:
Cash and cash equivalents	172,844	29,692
Securities available-for-sale (“AFS”)	144,250	138,270
Loans	1,423,779	1,186,408
Loans held for sale	115,308
Investment in FHLB stock	13,290	12,361
Liabilities Fair Value:
Deposits	1,264,939	962,848
Borrowings	472,250	282,886
Fair Value Measurement Level 1
ASSETS
Securities available-for-sale (“AFS”)	300	300
Assets Fair Value:
Cash and cash equivalents	172,844	29,692
Securities available-for-sale (“AFS”)	300	300
Investment in FHLB stock	13,290	12,361
Liabilities Fair Value:
Deposits	889,849	709,604
Fair Value Measurement Level 2
ASSETS
Securities available-for-sale (“AFS”)	143,950	137,970
Assets Fair Value:
Securities available-for-sale (“AFS”)	143,950	137,970
Liabilities Fair Value:
Deposits	375,090	253,244
Borrowings	443,000	263,000
Fair Value Measurement Level 3
Assets Fair Value:
Loans	1,423,779	1,186,408
Loans held for sale	115,308
Liabilities Fair Value:
Borrowings	$ 29,250	$ 19,886

Securities - Summary of AFS Sec

Securities - Summary of AFS Securities Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 143,933	$ 136,740
Gross Unrealized gains	1,154	1,881
Gross Unrealized losses	(837)	(351)
Securities available-for-sale (“AFS”)	144,250	138,270
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	300	300
Securities available-for-sale (“AFS”)	300	300
FNMA and FHLB Agency Notes
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	16,170	10,496
Gross Unrealized gains	14
Gross Unrealized losses	(114)	(219)
Securities available-for-sale (“AFS”)	16,070	10,277
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	127,463	125,944
Gross Unrealized gains	1,140	1,881
Gross Unrealized losses	(723)	(132)
Securities available-for-sale (“AFS”)	$ 127,880	$ 127,693

Securities - Schedule of Securi

Securities - Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time (Details) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 45,275
Less than 12 months, Unrealized Loss	(810)
12 months or more, Fair Value	2,722
12 months or more, Unrealized Loss	(27)
Total, Fair Value	47,997
Total, Unrealized Loss	(837)
FNMA and FHLB Agency Notes
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	7,661
Less than 12 months, Unrealized Loss	(87)
12 months or more, Fair Value	2,722
12 months or more, Unrealized Loss	(27)
Total, Fair Value	10,383
Total, Unrealized Loss	(114)
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	37,614
Less than 12 months, Unrealized Loss	(723)
Total, Fair Value	37,614
Total, Unrealized Loss	$ (723)

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield (Details) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, less than one year	$ 300
Amortized cost, one through five years	10,012
Amortized cost, five through ten years	5,497
Amortized cost, after ten years	661
Amortized cost, total	$ 16,470
Weighted average yield, less than one year	0.45%
Weighted average yield, one through five years	1.44%
Weighted average yield, five through ten years	1.89%
Weighted average yield, after ten years	0.88%
Weighted average yield, total	1.55%
Estimated fair value, less than one year	$ 300
Estimated fair value, one through five years	9,973
Estimated fair value, five through ten years	5,434
Estimated fair value, after ten years	663
Estimated fair value, total	16,370
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, less than one year	300
Amortized cost, total	300
Estimated fair value, less than one year	300
Estimated fair value, total	300
FNMA and FHLB Agency Notes
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, one through five years	10,012
Amortized cost, five through ten years	5,497
Amortized cost, after ten years	661
Amortized cost, total	16,170
Estimated fair value, one through five years	9,973
Estimated fair value, five through ten years	5,434
Estimated fair value, after ten years	663
Estimated fair value, total	$ 16,070

Securities - Additional Informa

Securities - Additional Information (Details)	Jun. 30, 2015
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	1.55%
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	2.48%

Loans - Summary of Loans (Detai

Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 1,406,025	$ 1,166,426
Premiums, discounts and deferred fees and expenses	(254)	(34)
Loans, net of deferred fees	1,405,771	1,166,392
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	914,234	842,135
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	289,215	205,320
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	147,755	93,537
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	44,089	21,125
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,214,181	1,051,764
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	914,234	842,135
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	289,215	205,320
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	10,732	4,309
Multifamily | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	421,480	481,491
Single Family | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 492,754	$ 360,644

Loans - Additional Information

Loans - Additional Information (Details) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)Loan	Dec. 31, 2014USD ($)Loan
Receivables [Abstract]
Loans acquired	$ 3.2	$ 0.8
Number of loans classified as troubled debt restructurings | Loan	2	2
Troubled debt restructuring balance	$ 0.5	$ 0.5

Loans - Carrying Amount of Purc

Loans - Carrying Amount of Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 11,026	$ 2,457
Unaccreted discount on purchased credit impaired loans	(2,430)	(651)
Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	8,596	1,806
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	1,857
Residential Properties | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	1,625
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	384	200
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	6,059	2,002
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	4,577	1,559
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	4	249
Consumer Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total		47
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	4,963	206
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	575	$ 206
Real Estate Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 2,531

Loans - Accretable Yield or Inc

Loans - Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Receivables [Abstract]
Beginning balance	$ 130	$ 2,349
Accretion of income	(94)	(1,076)
Reclassifications from nonaccretable difference		(391)
Acquisition	1,167
Disposals		(752)
Ending balance	$ 1,203	$ 130

Loans - Summary of Delinquent a

Loans - Summary of Delinquent and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 8,797	$ 6,475
90 Days or More Past Due and Still Accruing	2,790	2,188
Nonaccrual Past Due and Still Accruing	961	1,101
Current	1,397,228	1,159,951
Total loans	$ 1,406,025	$ 1,166,426
Percentage of Total Loans Due 30-59 Days	0.36%	0.18%
Percentage of Total Loans Due 60-89 Days	0.00%	0.09%
Percentage of Total Loans Due 90 Days or More	0.20%	0.19%
Percentage of Total Loans Due Nonaccrual	0.07%	0.09%
Percentage of Total Loans	0.63%	0.56%
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 914,234	$ 842,135
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	289,215	205,320
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	4,270	3,423
90 Days or More Past Due and Still Accruing	1,007	700
Nonaccrual Past Due and Still Accruing	329	342
Current	143,485	90,114
Total loans	147,755	93,537
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	102	800
90 Days or More Past Due and Still Accruing		637
Nonaccrual Past Due and Still Accruing	102	163
Current	43,987	20,325
Total loans	44,089	21,125
30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	5,046	2,092
30-59 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	2,934	2,092
60-89 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		1,094
60-89 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		289
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,214,181	1,051,764
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Current	914,234	842,135
Total loans	914,234	842,135
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	3,704	1,601
90 Days or More Past Due and Still Accruing	1,783	200
Nonaccrual Past Due and Still Accruing	530	596
Current	285,511	203,719
Total loans	289,215	205,320
Real Estate Loans | 30-59 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,391
Real Estate Loans | 60-89 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		805
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	721	651
90 Days or More Past Due and Still Accruing		651
Current	10,011	3,658
Total loans	10,732	$ 4,309
Real Estate Loans | Land and Construction | 30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 721

Allowance for Loan Losses - Ban

Allowance for Loan Losses - Bank's Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	$ 10,300		$ 10,150	$ 9,915	$ 9,915
Provision for loan losses	753	$ 0	903	235	235
Charge-offs	(253)		(253)
Ending Balance	10,800		10,800		10,150
Residential Properties
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	6,447		6,586	6,157	6,157
Provision for loan losses	181		42		429
Ending Balance	6,628		6,628		6,586
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	1,469		1,526	1,440	1,440
Provision for loan losses	683		626		86
Charge-offs	(240)		(240)
Ending Balance	1,912		1,912		1,526
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	2,080		1,897	2,149	2,149
Provision for loan losses	(150)		33		(252)
Charge-offs	(13)		(13)
Ending Balance	1,917		1,917		1,897
Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	304		141	$ 169	169
Provision for loan losses	39		202		(28)
Ending Balance	$ 343		$ 343		$ 141

Allowance for Loan Losses - Bal

Allowance for Loan Losses - Balance in Allowance for Loan Losses and Recorded Investment in Loans by Impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	$ 795		$ 712
Allowance for Loan Losses, Collectively Evaluated for Impairment	10,005		9,438
Total Allowance for Loan Losses	10,800	$ 10,300	10,150	$ 9,915
Unaccreted Credit Component Other Loans	1,575		268
Loans, Individually Evaluated for Impairment	15,179		11,536
Loans, Collectively Evaluated for Impairment	1,382,250		1,153,084
Total loans	1,406,025		1,166,426
Unaccreted Credit Component Other Loans	96,579		30,987
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	8,596		1,806
Residential Properties
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	6,525		6,519
Total Allowance for Loan Losses	6,525		6,519
Unaccreted Credit Component Other Loans	203		26
Loans, Individually Evaluated for Impairment	41		43
Loans, Collectively Evaluated for Impairment	912,568		842,092
Total loans	914,234		842,135
Unaccreted Credit Component Other Loans	6,152		2,861
Residential Properties | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	1,625
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	70		26
Allowance for Loan Losses, Collectively Evaluated for Impairment	1,842		1,500
Total Allowance for Loan Losses	1,912	1,469	1,526	1,440
Unaccreted Credit Component Other Loans	529		193
Loans, Individually Evaluated for Impairment	6,632		5,742
Loans, Collectively Evaluated for Impairment	282,199		199,378
Total loans	289,215		205,320
Unaccreted Credit Component Other Loans	49,082		21,126
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	384		200
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	725		686
Allowance for Loan Losses, Collectively Evaluated for Impairment	1,192		1,211
Total Allowance for Loan Losses	1,917	2,080	1,897	2,149
Unaccreted Credit Component Other Loans	355		45
Loans, Individually Evaluated for Impairment	8,404		5,635
Loans, Collectively Evaluated for Impairment	134,774		86,343
Total loans	147,755		93,537
Unaccreted Credit Component Other Loans	36,434		5,893
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	4,577		1,559
Consumer Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	343		141
Total Allowance for Loan Losses	343	$ 304	141	$ 169
Unaccreted Credit Component Other Loans	8
Loans, Individually Evaluated for Impairment	102		116
Loans, Collectively Evaluated for Impairment	43,987		20,962
Total loans	44,089		21,125
Unaccreted Credit Component Other Loans	2,339		8
Consumer Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired			47
Land and Construction
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	103		67
Total Allowance for Loan Losses	103		67
Unaccreted Credit Component Other Loans	80		4
Loans, Collectively Evaluated for Impairment	8,722		4,309
Total loans	10,732		4,309
Unaccreted Credit Component Other Loans	2,572		$ 1,099
Land and Construction | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	$ 2,010

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Receivables [Abstract]
Allowance of purchase impaired loans	1.22%	0.86%
Additional allowance on credit impaired loans	$ 300,000	$ 300,000
Interest income recognized on impaired loans	$ 0	$ 0

Allowance for Loan Losses - Ris

Allowance for Loan Losses - Risk Category of Loans by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 1,406,025	$ 1,166,426
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	914,234	842,135
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	289,215	205,320
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	147,755	93,537
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	44,089	21,125
Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	10,732	4,309
Pass
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,379,139	1,145,988
Pass | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	911,068	841,538
Pass | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	282,199	198,112
Pass | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	133,163	81,067
Pass | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	43,987	20,962
Pass | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,722	4,309
Special Mention
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,111	7,096
Special Mention | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,500	554
Special Mention | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans		1,266
Special Mention | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,611	5,276
Substandard
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,596	1,806
Substandard | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,625
Substandard | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	384	200
Substandard | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,577	1,559
Substandard | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans		47
Substandard | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,010
Impaired
Accounts Notes And Loans Receivable [Line Items]
Total loans	15,179	11,536
Impaired | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	41	43
Impaired | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	6,632	5,742
Impaired | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,404	5,635
Impaired | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 102	$ 116

Allowance for Loan Losses - Ind

Allowance for Loan Losses - Individual Evaluation of Impaired Loans and Related Allowance (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	$ 11,519	$ 7,821
Recorded Investment, With No Allowance Recorded	11,519	7,821
Unpaid Principal Balance, With an Allowance Recorded	3,660	3,715
Recorded Investment, With an Allowance Recorded	3,660	3,715
Related Allowance, With an Allowance Recorded	795	712
Residential Properties
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	41	43
Recorded Investment, With No Allowance Recorded	41	43
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	6,457	5,568
Recorded Investment, With No Allowance Recorded	6,457	5,568
Unpaid Principal Balance, With an Allowance Recorded	175	174
Recorded Investment, With an Allowance Recorded	175	174
Related Allowance, With an Allowance Recorded	70	26
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	4,919	2,094
Recorded Investment, With No Allowance Recorded	4,919	2,094
Unpaid Principal Balance, With an Allowance Recorded	3,485	3,541
Recorded Investment, With an Allowance Recorded	3,485	3,451
Related Allowance, With an Allowance Recorded	725	686
Consumer Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	102	116
Recorded Investment, With No Allowance Recorded	$ 102	$ 116

Allowance for Loan Losses - Wei

Allowance for Loan Losses - Weighted Average Annualized Balance of Recorded Investment and Interest Income on Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 17,504	$ 7,539
Interest Income after Impairment	400	406
Residential Properties
Financing Receivable Modifications [Line Items]
Average Recorded Investment	41	3,000
Interest Income after Impairment	2	25
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Average Recorded Investment	9,145	3,217
Interest Income after Impairment	159	140
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	8,207	1,196
Interest Income after Impairment	239	241
Consumer Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 111	$ 126

Deposits - Summary of Outstandi

Deposits - Summary of Outstanding Balance of Deposits and Average Rates (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Deposits [Abstract]
Demand deposits, Noninterest-bearing	$ 270,542	$ 246,137
Demand deposits, Interest-bearing	325,327	291,509
Money market and savings	293,980	171,958
Certificates of deposits	376,469	253,350
Total	$ 1,266,318	$ 962,954
Demand deposits, Interest-bearing, Weighted Average Rate	0.461%	0.502%
Money market and savings, Weighted Average Rate	0.503%	0.626%
Certificates of deposits, Weighted Average Rate	0.555%	0.619%
Total, Weighted Average Rate	0.40%	0.427%

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Deposits [Abstract]
Certificates of deposits of $250,000 or more, maturities within one year	$ 107.8	$ 96.9
Certificates of deposits of $250,000 or more, maturities after one year	7.3	20.1
Certificates of deposits of $250,000 or more, total	115.1	117
Certificates of deposit of less than $ 250,000, maturities within one year	243.1	127.1
Certificates of deposit of less than $ 250,000, maturities after one year	18.2	9.3
Certificates of deposit of less than $250,000, total	$ 261.3	$ 136.4

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Feb. 28, 2015	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Overnight FHLB advances				$ 443,000	$ 263,000
Term notes payable				$ 29,300	$ 19,900
FHLB advances interest rates				0.24%	0.27%
Secured Loan
Debt Instrument [Line Items]
Outstanding borrowings under term loan			$ 7,500	$ 29,300
Term of the loan			5 years
Monthly payments of principal amount plus interest	$ 250
Debt instrument unpaid principal balance	8,750
Debt Instrument, maturity Date				maturity date of the loan in May 2022.
First amendment
Debt Instrument [Line Items]
Proceeds from additional borrowings		$ 15,000
Second amendment
Debt Instrument [Line Items]
Proceeds from additional borrowings	$ 10,300
London Interbank Offered Rate (LIBOR) | Before amendment
Debt Instrument [Line Items]
Term loan interest rate	4.00%
London Interbank Offered Rate (LIBOR) | After amendment
Debt Instrument [Line Items]
Term loan interest rate	3.75%

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share Basic [Abstract]
Net income, Basic	$ 2,942	$ 1,267	$ 5,568	$ 2,729
Basic common shares outstanding	8,070,386	7,734,231	7,963,515	7,733,874
Earnings per share, Basic	$ 0.36	$ 0.16	$ 0.70	$ 0.35
Earnings Per Share Diluted [Abstract]
Net income, Diluted	$ 2,942	$ 1,267	$ 5,568	$ 2,729
Basic common shares outstanding	8,070,386	7,734,231	7,963,515	7,733,874
Effect of contingent shares issuable	796	43,333	796	43,333
Effect of options and restricted stock	378,521	367,533	366,321	364,434
Diluted common shares outstanding	8,449,703	8,145,097	8,330,632	8,141,641
Earnings per share, Diluted	$ 0.35	$ 0.16	$ 0.67	$ 0.34

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from computation of earnings per share	77,625	65,375	78,371	65,748

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - Segment	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting [Abstract]
Reportable business segments	2	2

Segment Reporting - Key Operati

Segment Reporting - Key Operating Results of Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Interest income	$ 14,993	$ 10,931	$ 28,151	$ 21,606
Interest expense	1,569	1,115	2,856	2,040
Net interest income	13,424	9,816	25,295	19,566
Provision for loan losses	753	0	903	235	$ 235
Noninterest income	6,420	6,416	12,624	11,967
Noninterest expense	13,974	13,871	27,332	26,417
Income before taxes on income	5,117	2,361	9,684	4,881
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	14,993	10,931	28,151	21,606
Interest expense	1,273	888	2,320	1,739
Net interest income	13,720	10,043	25,831	19,867
Provision for loan losses	753		903	235
Noninterest income	1,384	1,887	2,662	2,929
Noninterest expense	8,566	7,615	16,485	14,557
Income before taxes on income	5,785	4,315	11,105	8,004
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Noninterest income	5,188	4,662	10,255	9,287
Noninterest expense	4,550	4,383	9,265	9,225
Income before taxes on income	638	279	990	62
Other
Segment Reporting Information [Line Items]
Interest expense	296	227	536	301
Net interest income	(296)	(227)	(536)	(301)
Noninterest income	(152)	(133)	(293)	(249)
Noninterest expense	858	1,873	1,582	2,635
Income before taxes on income	$ (1,306)	$ (2,233)	$ (2,411)	$ (3,185)

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Aug. 14, 2015	Aug. 12, 2015	Jun. 30, 2015	Jul. 01, 2015
Common Stock
Subsequent Event [Line Items]
Sale of stock (in shares)			272,035
Subsequent Event
Subsequent Event [Line Items]
Common stock available for sale, value				$ 150
Gross proceeds from public offering		$ 120
Net proceeds from public offering		113.7
Amount of net proceeds used for repayment of outstanding debt		$ 29
Option to purchase additional shares period		30 days
Subsequent Event | Common Stock
Subsequent Event [Line Items]
Sale of stock (in shares)		6,233,766
Shares issued, price per share		$ 19.25
Subsequent Event | Over-Allotments
Subsequent Event [Line Items]
Gross proceeds from public offering	$ 18
Net proceeds after underwriting discounts	$ 17.1
Subsequent Event | Over-Allotments | Common Stock
Subsequent Event [Line Items]
Shares issued, price per share	$ 19.25
Subsequent Event | Over-Allotments | Common Stock | Maximum
Subsequent Event [Line Items]
Sale of stock (in shares)	935,065