First Foundation (FFWM) 10-Q 9 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 05, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
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		16,220,575

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 444,518	$ 215,748
Securities available-for-sale (“AFS”)	532,231	565,135
Loans held for sale	468,277
Loans, net of deferred fees	2,003,821	1,765,483
Allowance for loan and lease losses (“ALLL”)	(12,200)	(10,600)
Net loans	1,991,621	1,754,883
Investment in FHLB stock	25,326	21,492
Premises and equipment, net	4,774	2,653
Deferred taxes	10,077	15,392
Real estate owned (“REO”)	1,074	4,036
Goodwill and intangibles	2,288	2,416
Other assets	12,754	10,824
Total Assets	3,492,940	2,592,579
Liabilities:
Deposits	2,265,596	1,522,176
Borrowings	938,000	796,000
Accounts payable and other liabilities	11,836	14,667
Total Liabilities	3,215,432	2,332,843
Commitments and contingencies
Shareholders’ Equity
Common Stock, par value $0.001: 70,000,000 shares authorized; 16,207,160 and 15,980,526 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	16	16
Additional paid-in-capital	230,316	227,262
Retained earnings	40,873	33,762
Accumulated other comprehensive income (loss), net of tax	6,303	(1,304)
Total Shareholders’ Equity	277,508	259,736
Total Liabilities and Shareholders’ Equity	$ 3,492,940	$ 2,592,579

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	16,207,160	15,980,526
Common stock, shares outstanding	16,207,160	15,980,526

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Loans	$ 20,961	$ 13,362	$ 39,131	$ 25,463
Securities AFS	3,100	822	6,221	1,637
Fed funds sold, FHLB stock and deposits	512	809	919	1,051
Total interest income	24,573	14,993	46,271	28,151
Interest expense:
Deposits	1,973	1,115	3,768	2,038
Borrowings	679	454	1,221	818
Total interest expense	2,652	1,569	4,989	2,856
Net interest income	21,921	13,424	41,282	25,295
Provision for loan losses	1,250	753	1,650	903
Net interest income after provision for loan losses	20,671	12,671	39,632	24,392
Noninterest income:
Asset management, consulting and other fees	5,985	5,922	11,986	11,772
Gain (loss) on capital markets activities	(2,358)	(15)	(2,048)	(26)
Other income	1,283	513	1,957	878
Total noninterest income	4,910	6,420	11,895	12,624
Noninterest expense:
Compensation and benefits	11,924	9,390	24,648	18,570
Occupancy and depreciation	2,896	1,968	5,711	3,925
Professional services and marketing costs	2,560	1,512	4,283	2,570
Other expenses	2,470	1,104	4,625	2,267
Total noninterest expense	19,850	13,974	39,267	27,332
Income before taxes on income	5,731	5,117	12,260	9,684
Taxes on income	2,407	2,175	5,149	4,116
Net income	$ 3,324	$ 2,942	$ 7,111	$ 5,568
Net income per share:
Basic	$ 0.21	$ 0.36	$ 0.44	$ 0.70
Diluted	$ 0.20	$ 0.35	$ 0.43	$ 0.67
Shares used to compute net income per share:
Basic	16,134,869	8,070,386	16,068,979	7,963,515
Diluted	16,572,567	8,449,703	16,520,150	8,330,632

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - Unaudited - 6 months ended Jun. 30, 2016 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in-Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2015	$ 259,736	$ 16	$ 227,262	$ 33,762	$ (1,304)
Beginning balance (in shares) at Dec. 31, 2015		15,980,526
Net income	7,111			7,111
Other comprehensive income	7,607				7,607
Stock based compensation	492		492
Exercise of options	2,562		2,562
Exercise of options (in shares)		204,396
Issuance of restricted stock (in shares)		22,238
Ending balance at Jun. 30, 2016	$ 277,508	$ 16	$ 230,316	$ 40,873	$ 6,303
Ending balance (in shares) at Jun. 30, 2016		16,207,160

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 3,324	$ 2,942	$ 7,111	$ 5,568
Other comprehensive income:
Unrealized holding gains (losses) on securities arising during the period	3,728	(2,478)	12,927	(1,213)
Other comprehensive income (loss) before tax	3,728	(2,478)	12,927	(1,213)
Income tax (expense) benefit related to items of other comprehensive income	(1,534)	1,020	(5,320)	500
Other comprehensive income (loss)	2,194	(1,458)	7,607	(713)
Reclassification adjustment for gains included in net earnings			(310)
Income tax expense related to reclassification adjustment			130
Reclassification adjustment for gains included in net earnings, net of tax			(180)
Other comprehensive income (loss), net of tax	2,194	(1,458)	7,427	(713)
Total comprehensive income	$ 5,518	$ 1,484	$ 14,538	$ 4,855

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities:
Net income	$ 7,111	$ 5,568
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,650	903
Stock–based compensation expense	492	253
Depreciation and amortization	854	650
Deferred tax provision	(5)	(685)
Accretion of discounts on purchased loans, net	(323)	(271)
Gain on sale of securities	(310)
Increase in other assets	(1,209)	(1,892)
Decrease in accounts payable and other liabilities	(2,831)	(1,567)
Net cash provided by operating activities	5,429	2,959
Cash Flows from Investing Activities:
Net increase in loans (including changes in loans held for sale)	(707,082)	(274,913)
Proceeds from sale of REO	3,702
Purchases of premises and equipment	(2,975)	(749)
Purchases of securities AFS	(31,038)	(7,543)
Proceeds from sale of securities AFS	39,456
Maturities / payments – securities AFS	37,130	7,525
Cash acquired in acquisition		38,624
Purchases (net of redemptions) of FHLB stock	(3,834)	(777)
Net cash used in investing activities	(664,641)	(237,833)
Cash Flows from Financing Activities:
Increase in deposits	743,420	183,523
FHLB Advances – net increase	142,000	180,000
Proceeds – term note		10,114
Principal payments – term note		(750)
Proceeds from sale of stock, net	2,562	5,139
Net cash provided by financing activities	887,982	378,026
Increase in cash and cash equivalents	228,770	143,152
Cash and cash equivalents at beginning of year	215,748	29,692
Cash and cash equivalents at end of period	444,518	172,844
Supplemental disclosures of cash flow information:
Interest	4,750	2,820
Income taxes	7,150	4,950
Noncash transactions:
Chargeoffs against allowance for loans losses	50	253
Transfer of loans to REO	740
Transfer of loans to loans held for sale	$ 468,277	$ 113,325

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
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 2016 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, 2015. Certain reclassifications have been made to the prior year consolidated financial statements to conform to the 2016 presentation. In June 2016, the Financial Accounting Standards Board (“ Accounting Standards Update (“ASU”) “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” In March 2016, the FASB issued ASU “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” On February 25, 2016, the FASB issued ASU 2016-02, Leases (Topic 842) The amendments in this update are effective for interim and annual periods beginning after December 15, 2018. On January 5, 2016, the FASB issued ASU 2016-01, Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10) In September, 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	NOTE 2: ACQUISITIONS On June 16, 2015, the Company completed the acquisition of Pacific Rim Bank (‘PRB”), through a merger of PRB with and into the Bank, in exchange for 621,345 shares of its common stock with a fair value of $19.00 per share and $543,000 in cash, which was paid to dissenting shareholders. The primary reason for acquiring PRB was to expand our operations into Hawaii. 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 $1.3 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 — 2,258 2,258 REO 4,374 (672 ) 3,702 Goodwill — 1,300 1,300 Core deposit intangible — 1,099 1,099 Other assets 269 — 269 Total assets acquired $ 129,007 $ 3,527 $ 132,534 Liabilities Assumed: Deposits $ 119,663 $ 178 $ 119,841 Accounts payable and other liabilities 442 (98 ) 344 Total liabilities assumed 120,105 80 120,185 Excess of assets acquired over liabilities assumed 8,902 3,447 12,349 Total $ 129,007 $ 3,527 $ 132,534 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 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 $2.3 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, for the six months period ending June 30, 2015, 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 was an increase of Pro Forma (dollars in thousands) Net interest income $ 26,991 Provision for loan losses 903 Noninterest income 12,689 Noninterest expenses 30,208 Income before taxes 8,569 Taxes on income 3,647 Net income $ 4,922 Net income per share: Basic $ 0.58 Diluted $ 0.55 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 2015 was approximately $0.2 million and $0.0 million, respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 3: FAIR VALUE MEASUREMENTS Assets Measured at Fair Value on a Recurring Basis F air value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Current accounting guidance establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect the Company's own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Fair Value Measurement Level Total Level 1 Level 2 Level 3 (dollars in thousands) June 30, 2016: Investment securities available for sale: US Treasury securities $ 302 $ 302 $ — $ — Agency mortgage-backed securities 519,946 — 519,946 — Beneficial interest – FHLMC securitizations 11,983 — — 11,983 Total assets at fair value on a recurring basis $ 532,231 $ 302 $ 519,946 $ 11,983 December 31, 2015: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 16,013 — 16,013 — Agency mortgage-backed securities 536,148 — 536,148 — Beneficial interest – FHLMC securitizations 12,674 — — 12,674 Total assets at fair value on a recurring basis $ 565,135 $ 300 $ 552,161 $ 12,674 The decrease in level 3 assets from December 31, 2015 was due to principal payments. The Company did not have any material assets measured at fair value on a nonrecurring basis as of June 30, 2016 and December 31, 2015. 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 material 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. 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. When a market is illiquid or there is a lack of transparency around the inputs to valuation, the securities are classified as Level 3 and reliance is placed upon internally developed models, and management judgment and evaluation for valuation. 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 beneficial interests – FHLMC securitization. Significant assumptions in the valuation of these Level 3 securities as of June 30, 2016 included a prepayment rate of 15% and discount rates ranging from 4.0% to 10%. Federal Home Loan Bank Stock. The Bank is a member of the Federal Home Loan Bank (the “FHLB”). As a member, we are required to own stock of the FHLB, the amount of which is based primarily on the level of our borrowings from this institution. The fair value of that stock is equal to the carrying amount, is classified as restricted securities and is 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 estimated 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 $938 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 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, 2016: Assets: Cash and cash equivalents $ 444,518 $ 444,518 $ — $ — $ 444,518 Securities AFS 532,231 302 519,946 11,983 532,231 Loans 1,991,621 — — 2,012,859 2,012,859 Loans held for sale 468,277 — — 478,579 478,579 Investment in FHLB stock 25,326 — 25,326 — 25,326 Liabilities: Deposits 2,265,596 1,681,611 584,111 — 2,265,722 Borrowings 938,000 — 938,000 — 938,000 December 31, 2015: Assets: Cash and cash equivalents $ 215,748 $ 215,748 $ — $ — $ 215,748 Securities AFS 565,135 300 552,161 12,674 565,135 Loans 1,754,883 — — 1,779,941 1,779,941 Investment in FHLB stock 21,492 — 21,492 — 21,492 Liabilities: Deposits 1,522,176 1,051,976 470,128 — 1,522,104 Borrowings 796,000 — 796,000 — 796,000

Securities

Securities	6 Months Ended
	Jun. 30, 2016
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, 2016: US Treasury securities $ 300 $ 2 $ — $ 302 Agency mortgage-backed securities 508,862 11,084 — 519,946 Beneficial interests in FHLMC securitization 12,358 310 (685 ) 11,983 Total $ 521,520 $ 11,396 $ (685 ) $ 532,231 December 31, 2015: US Treasury securities $ 300 $ — $ — $ 300 FNMA and FHLB Agency notes 16,108 — (95 ) 16,013 Agency mortgage-backed securities 538,269 909 (3,030 ) 536,148 Beneficial interests in FHLMC securitization 12,674 476 (476 ) 12,674 Total $ 567,351 $ 1,385 $ (3,601 ) $ 565,135 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, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Beneficial interests in FHLMC securitization $ 2,402 $ (685 ) $ — $ — $ 2,402 $ (685) Unrealized losses in beneficial interests in FHLMC securitizations have not been recognized into income because the issuer bonds are of high credit quality, management does not intend to sell, 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 discount rates and assumptions regarding future 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, 2016: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ — $ 300 $ — $ — $ 300 Weighted average yield — % 0.90 % — % — % 0.90 % Estimated Fair Value: US Treasury Securities $ — $ 300 $ — $ — $ 300 Agency mortgage backed securities and beneficial interests in FHLMC securitizations 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, 2016 was 2.21%.

Loans

Loans	6 Months Ended
	Jun. 30, 2016
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 $ 687,481 $ 627,311 Single family 564,121 533,257 Total real estate loans secured by residential properties 1,251,602 1,160,568 Commercial properties 429,754 358,791 Land and construction 23,747 12,320 Total real estate loans 1,705,103 1,531,679 Commercial and industrial loans 243,702 196,584 Consumer loans 53,910 37,206 Total loans 2,002,715 1,765,469 Premiums, discounts and deferred fees and expenses 1,106 14 Total $ 2,003,821 $ 1,765,483 As of June 30, 2016 and December 31, 2015, the principal balances shown above are net of unaccreted discount related to loans acquired in an acquisition of $2.5 million and $2.8 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 as of: (dollars in thousands) June 30, 2016 December 31, Outstanding principal balance: Loans secured by real estate: Commercial properties 301 533 Land — 1,616 Total real estate loans 301 2,149 Commercial and industrial loans 7,559 6,787 Consumer loans 8 14 Total loans 7,868 8,950 Unaccreted discount on purchased credit impaired loans (2,028 ) (2,291 ) Total $ 5,840 $ 6,659 Accretable yield, or income expected to be collected on purchased credit impaired loans, and the related changes, is as follows for the periods indicated: (dollars in thousands) Six Months Ended June 30, 2016 Year Ended December 31, 2015 Beginning balance $ 582 $ 130 Accretion of income (121 ) (529 ) Reclassifications from nonaccretable difference — 176 Acquisition — 805 Disposals (77 ) — Ending balance $ 384 $ 582 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, 2016: Real estate loans: Residential properties $ 3,844 $ — $ — $ 177 $ 4,021 $ 1,247,581 $ 1,251,602 Commercial properties 1,609 — 784 1,506 3,899 425,855 429,754 Land and construction — — — — — 23,747 23,747 Commercial and industrial loans 400 1,380 2,852 4,489 9,121 234,581 243,702 Consumer loans 10 — — — 10 53,900 53,910 Total $ 5,863 $ 1,380 $ 3,636 $ 6,172 $ 17,051 $ 1,985,664 $ 2,002,715 Percentage of total loans 0.29 % 0.07 % 0.18 % 0.31 % 0.85 % December 31, 2015: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 1,160,568 $ 1,160,568 Commercial properties 1,232 — 793 1,552 3,577 355,214 358,791 Land and construction — — — — — 12,320 12,320 Commercial and industrial loans 2,425 1,639 5,713 2,509 12,286 184,298 196,584 Consumer loans 1,010 — 1,991 75 3,076 34,130 37,206 Total $ 4,667 $ 1,639 $ 8,497 $ 4,136 $ 18,939 $ 1,746,530 $ 1,765,469 Percentage of total loans 0.26 % 0.09 % 0.48 % 0.23 % 1.07 % The level of delinquent loans and nonaccrual loans have been adversely impacted by the loans acquired from acquisitions. As of June 30, 2016, of the $9.8 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 sixty days or more with respect to principal or interest. The accrual of interest may be continued on a well-secured loan contractually past due sixty 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. The troubled debt restructure (“TDR”) activity during the first six months of 2016 consisted of six commercial and industrial loans, with a recorded investment of $4.2 million, whose payment terms were restructured. The TDR activity during the first six months of 2015 consisted of two commercial and industrial loans, with a recorded investment of $0.4 million, whose payment terms were restructured.

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2016
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, 2016: Real estate loans: Residential properties $ 6,390 $ (1,037 ) $ — $ — $ 5,353 Commercial properties 2,181 (244 ) (50 ) — 1,887 Land and construction 261 11 272 Commercial and industrial loans 1,789 2,350 — — 4,139 Consumer loans 379 170 — — 549 Total $ 11,000 $ 1,250 $ (50 ) $ — $ 12,200 Six Months Ended June 30, 2016: Real estate loans: Residential properties $ 6,799 $ (1,446 ) $ — $ — $ 5,353 Commercial properties 1,813 124 (50 ) — 1,887 Land and construction 103 169 272 Commercial and industrial loans 1,649 2,490 — — 4,139 Consumer loans 236 313 — — 549 Total $ 10,600 $ 1,650 $ (50 ) $ — $ 12,200 Year Ended December 31, 2015: Real estate loans: Residential properties $ 6,546 $ 253 $ — $ — $ 6,799 Commercial properties 1,499 624 (310 ) — 1,813 Land and construction 67 36 103 Commercial and industrial loans 1,897 1,665 (1,913 ) — 1,649 Consumer loans 141 95 — — 236 Total $ 10,150 $ 2,673 $ (2,223 ) $ — $ 10,600 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, 2016: Allowance for loan losses: Real estate loans: Residential properties $ — $ 5,358 $ — $ 5,358 $ 170 Commercial properties — 1,894 — 1,894 207 Land and construction — 260 — 260 3 Commercial and industrial loans — 4,139 — 4,139 172 Consumer loans — 549 — 549 21 Total $ — $ 12,200 $ — $ 12,200 $ 573 Loans: Real estate loans: Residential properties $ — $ 1,251,602 $ — $ 1,251,602 $ 14,638 Commercial properties 2,257 427,312 185 429,754 30,772 Land and construction — 23,747 — 23,747 431 Commercial and industrial loans 1,563 236,484 5,655 243,702 24,807 Consumer loans — 53,910 — 53,910 1,621 Total $ 3,820 $ 1,993,055 $ 5,840 $ 2,002,715 $ 72,269 December 31, 2015: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,799 $ — $ 6,799 $ 127 Commercial properties 30 1,783 — 1,813 363 Land and construction — 103 — 103 42 Commercial and industrial loans — 1,649 — 1,649 187 Consumer loans — 236 — 236 13 Total $ 30 $ 10,570 $ — $ 10,600 $ 732 Loans: Real estate loans: Residential properties $ — $ 1,160,568 $ — $ 1,160,568 $ 7,747 Commercial properties 6,275 352,162 354 358,791 43,287 Land and construction — 11,180 1,140 12,320 4,267 Commercial and industrial loans 5,687 185,732 5,165 196,584 28,231 Consumer loans 76 37,130 — 37,206 1,761 Total $ 12,038 $ 1,746,772 $ 6,659 $ 1,765,469 $ 85,293 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 0.79% and 0.86% of the stated principal balance of these loans as of June 30, 2016 and December 31, 2015, respectively. In addition to this unaccreted credit component discount, an additional $0.2 million and $0.3 million of the ALLL has been provided for these loans as of June 30, 2016 and December 31, 2015, respectively. 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. 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, 2016: Real estate loans: Residential properties $ 1,247,744 $ 3,858 $ — $ — $ 1,251,602 Commercial properties 427,312 — 185 2,257 429,754 Land and construction 23,747 — — — 23,747 Commercial and industrial loans 220,153 4,413 17,573 1,563 243,702 Consumer loans 53,910 — — — 53,910 Total $ 1,972,866 $ 8,271 $ 17,758 $ 3,820 $ 2,002,715 December 31, 2015: Real estate loans: Residential properties $ 1,159,029 $ 1,539 $ — $ — $ 1,160,568 Commercial properties 351,988 174 354 6,275 358,791 Land and construction 11,180 — 1,140 — 12,320 Commercial and industrial loans 180,755 4,977 5,165 5,687 196,584 Consumer loans 37,130 — — 76 37,206 Total $ 1,740,082 $ 6,690 $ 6,659 $ 12,038 $ 1,765,469 Impaired loans evaluated individually and any related allowance are 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, 2016 : Real estate loans: Commercial properties $ 1,957 $ 1,957 $ 590 $ 300 $ — Commercial and industrial loans 1,563 1,563 — — — Total $ 3,520 $ 3,520 $ 590 $ 300 $ — December 31, 2015 : Real estate loans: Commercial properties $ 5,925 $ 5,925 $ 590 $ 350 $ 30 Commercial and industrial loans 7,770 5,687 — — — Consumer loans 114 76 — — — Total $ 13,809 $ 11,688 $ 590 $ 350 $ 30 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 $ — $ — $ 27 $ 2 Commercial properties 1,933 5 6,487 281 Commercial and industrial loans 2,012 — 7,850 394 Consumer loans — — 105 — Total $ 3,945 $ 5 $ 14,469 $ 677 There was no interest income recognized on a cash basis in either 2016 or 2015 on impaired loans.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
Deposits	NOTE 7: DEPOSITS The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: June 30, 2016 December 31, 2015 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 750,661 — $ 299,794 — Interest-bearing 220,802 0.488 % 260,167 0.359 % Money market and savings 710,148 0.666 % 492,015 0.531 % Certificates of deposits 583,985 0.562 % 470,200 0.554 % Total $ 2,265,596 0.401 % $ 1,522,176 0.404 % At June 30, 2016, of the $179.9 million of certificates of deposits of $250,000 or more, $165.3 million mature within one year and $14.6 million mature after one year. Of the $404.1 million of certificates of deposit of less than $250,000, $390.2 million mature within one year and $13.9 million mature after one year. At December 31, 2015, of the $149.2 million of certificates of deposits of $250,000 or more, $137.8 million mature within one year and $11.4 million mature after one year. Of the $321 million of certificates of deposit of less than $250,000, $292.5 million mature within one year and $28.5 million mature after one year.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Borrowings	NOTE 8: BORROWINGS At June 30, 2016, our borrowings consisted of $938 million of overnight FHLB advances. At December 31, 2015, our borrowings consisted of $796.0 million of overnight FHLB advances . The FHLB advances were paid in full in the early part of July 2016 and January 2016, respectively, and bore interest rates of 0.47% and 0.27%, respectively. Because the Bank utilizes overnight borrowings, the balance of outstanding borrowings fluctuates on a daily basis. The average balance of overnight borrowings during the first six months of 2016 was $568 million, as compared to $353 million during all of 2015.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
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, 2016 Quarter Ended June 30, 2015 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 3,324 $ 3,324 $ 2,942 $ 2,942 Basic common shares outstanding 16,134,869 16,134,869 8,070,386 8,070,386 Effect of contingent shares issuable 796 796 Effect of options and restricted stock 436,902 378,521 Diluted common shares outstanding 16,572,567 8,449,703 Earnings per share $ 0.21 $ 0.20 $ 0.36 $ 0.35 Based on a weighted average basis, options to purchase 77,625 shares of common stock were excluded for the quarter ended June 30, 2015 because their effect would have been anti-dilutive. Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 7,111 $ 7,111 $ 5,568 $ 5,568 Basic common shares outstanding 16,068,979 16,068,979 7,963,515 7,963,515 Effect of contingent shares issuable 796 796 Effect of options and restricted stock 450,375 366,321 Diluted common shares outstanding 16,520,150 8,330,632 Earnings per share $ 0.44 $ 0.43 $ 0.70 $ 0.67 Based on a weighted average basis, options to purchase 6,625 and 78,371 shares of common stock were excluded for the six months ended June 30, 2016 and 2015, respectively, because their effect would have been anti-dilutive.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Reporting	NOTE 10: SEGMENT REPORTING For the quarter and six months ended June 30, 2016 and 2015, the Company had two reportable business segments: Banking (FFB and FFIS) 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, 2016: Interest income $ 24,573 $ — $ — $ 24,573 Interest expense 2,652 — — 2,652 Net interest income 21,921 — — 21,921 Provision for loan losses 1,250 — — 1,250 Noninterest income (170 ) 5,222 (142 ) 4,910 Noninterest expense 14,268 4,616 966 19,850 Income (loss) before taxes on income $ 6,233 $ 606 $ (1,108 ) $ 5,731 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 Banking Wealth Management Other Total Six months ended June 30, 2016: Interest income $ 46,271 $ — $ — $ 46,271 Interest expense 4,989 — — 4,989 Net interest income 41,282 — — 41,282 Provision for loan losses 1,650 — — 1,650 Noninterest income 1,582 10,598 (285 ) 11,895 Noninterest expense 27,612 9,839 1,816 39,267 Income (loss) before taxes on income $ 13,602 $ 759 $ (2,101 ) $ 12,260 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

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2016
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 — 2,258 2,258 REO 4,374 (672 ) 3,702 Goodwill — 1,300 1,300 Core deposit intangible — 1,099 1,099 Other assets 269 — 269 Total assets acquired $ 129,007 $ 3,527 $ 132,534 Liabilities Assumed: Deposits $ 119,663 $ 178 $ 119,841 Accounts payable and other liabilities 442 (98 ) 344 Total liabilities assumed 120,105 80 120,185 Excess of assets acquired over liabilities assumed 8,902 3,447 12,349 Total $ 129,007 $ 3,527 $ 132,534 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, for the six months period ending June 30, 2015, after giving effect to certain adjustments. Pro Forma (dollars in thousands) Net interest income $ 26,991 Provision for loan losses 903 Noninterest income 12,689 Noninterest expenses 30,208 Income before taxes 8,569 Taxes on income 3,647 Net income $ 4,922 Net income per share: Basic $ 0.58 Diluted $ 0.55

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016: Investment securities available for sale: US Treasury securities $ 302 $ 302 $ — $ — Agency mortgage-backed securities 519,946 — 519,946 — Beneficial interest – FHLMC securitizations 11,983 — — 11,983 Total assets at fair value on a recurring basis $ 532,231 $ 302 $ 519,946 $ 11,983 December 31, 2015: Investment securities available for sale: US Treasury securities $ 300 $ 300 $ — $ — FNMA and FHLB Agency notes 16,013 — 16,013 — Agency mortgage-backed securities 536,148 — 536,148 — Beneficial interest – FHLMC securitizations 12,674 — — 12,674 Total assets at fair value on a recurring basis $ 565,135 $ 300 $ 552,161 $ 12,674
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, 2016: Assets: Cash and cash equivalents $ 444,518 $ 444,518 $ — $ — $ 444,518 Securities AFS 532,231 302 519,946 11,983 532,231 Loans 1,991,621 — — 2,012,859 2,012,859 Loans held for sale 468,277 — — 478,579 478,579 Investment in FHLB stock 25,326 — 25,326 — 25,326 Liabilities: Deposits 2,265,596 1,681,611 584,111 — 2,265,722 Borrowings 938,000 — 938,000 — 938,000 December 31, 2015: Assets: Cash and cash equivalents $ 215,748 $ 215,748 $ — $ — $ 215,748 Securities AFS 565,135 300 552,161 12,674 565,135 Loans 1,754,883 — — 1,779,941 1,779,941 Investment in FHLB stock 21,492 — 21,492 — 21,492 Liabilities: Deposits 1,522,176 1,051,976 470,128 — 1,522,104 Borrowings 796,000 — 796,000 — 796,000

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016: US Treasury securities $ 300 $ 2 $ — $ 302 Agency mortgage-backed securities 508,862 11,084 — 519,946 Beneficial interests in FHLMC securitization 12,358 310 (685 ) 11,983 Total $ 521,520 $ 11,396 $ (685 ) $ 532,231 December 31, 2015: US Treasury securities $ 300 $ — $ — $ 300 FNMA and FHLB Agency notes 16,108 — (95 ) 16,013 Agency mortgage-backed securities 538,269 909 (3,030 ) 536,148 Beneficial interests in FHLMC securitization 12,674 476 (476 ) 12,674 Total $ 567,351 $ 1,385 $ (3,601 ) $ 565,135
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, 2016 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Beneficial interests in FHLMC securitization $ 2,402 $ (685 ) $ — $ — $ 2,402 $ (685)
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, 2016: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ — $ 300 $ — $ — $ 300 Weighted average yield — % 0.90 % — % — % 0.90 % Estimated Fair Value: US Treasury Securities $ — $ 300 $ — $ — $ 300

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2016
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 $ 687,481 $ 627,311 Single family 564,121 533,257 Total real estate loans secured by residential properties 1,251,602 1,160,568 Commercial properties 429,754 358,791 Land and construction 23,747 12,320 Total real estate loans 1,705,103 1,531,679 Commercial and industrial loans 243,702 196,584 Consumer loans 53,910 37,206 Total loans 2,002,715 1,765,469 Premiums, discounts and deferred fees and expenses 1,106 14 Total $ 2,003,821 $ 1,765,483
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 as of: (dollars in thousands) June 30, 2016 December 31, Outstanding principal balance: Loans secured by real estate: Commercial properties 301 533 Land — 1,616 Total real estate loans 301 2,149 Commercial and industrial loans 7,559 6,787 Consumer loans 8 14 Total loans 7,868 8,950 Unaccreted discount on purchased credit impaired loans (2,028 ) (2,291 ) Total $ 5,840 $ 6,659
Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans and Related Changes	Accretable yield, or income expected to be collected on purchased credit impaired loans, and the related changes, is as follows for the periods indicated: (dollars in thousands) Six Months Ended June 30, 2016 Year Ended December 31, 2015 Beginning balance $ 582 $ 130 Accretion of income (121 ) (529 ) Reclassifications from nonaccretable difference — 176 Acquisition — 805 Disposals (77 ) — Ending balance $ 384 $ 582
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, 2016: Real estate loans: Residential properties $ 3,844 $ — $ — $ 177 $ 4,021 $ 1,247,581 $ 1,251,602 Commercial properties 1,609 — 784 1,506 3,899 425,855 429,754 Land and construction — — — — — 23,747 23,747 Commercial and industrial loans 400 1,380 2,852 4,489 9,121 234,581 243,702 Consumer loans 10 — — — 10 53,900 53,910 Total $ 5,863 $ 1,380 $ 3,636 $ 6,172 $ 17,051 $ 1,985,664 $ 2,002,715 Percentage of total loans 0.29 % 0.07 % 0.18 % 0.31 % 0.85 % December 31, 2015: Real estate loans: Residential properties $ — $ — $ — $ — $ — $ 1,160,568 $ 1,160,568 Commercial properties 1,232 — 793 1,552 3,577 355,214 358,791 Land and construction — — — — — 12,320 12,320 Commercial and industrial loans 2,425 1,639 5,713 2,509 12,286 184,298 196,584 Consumer loans 1,010 — 1,991 75 3,076 34,130 37,206 Total $ 4,667 $ 1,639 $ 8,497 $ 4,136 $ 18,939 $ 1,746,530 $ 1,765,469 Percentage of total loans 0.26 % 0.09 % 0.48 % 0.23 % 1.07 %

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016: Real estate loans: Residential properties $ 6,390 $ (1,037 ) $ — $ — $ 5,353 Commercial properties 2,181 (244 ) (50 ) — 1,887 Land and construction 261 11 272 Commercial and industrial loans 1,789 2,350 — — 4,139 Consumer loans 379 170 — — 549 Total $ 11,000 $ 1,250 $ (50 ) $ — $ 12,200 Six Months Ended June 30, 2016: Real estate loans: Residential properties $ 6,799 $ (1,446 ) $ — $ — $ 5,353 Commercial properties 1,813 124 (50 ) — 1,887 Land and construction 103 169 272 Commercial and industrial loans 1,649 2,490 — — 4,139 Consumer loans 236 313 — — 549 Total $ 10,600 $ 1,650 $ (50 ) $ — $ 12,200 Year Ended December 31, 2015: Real estate loans: Residential properties $ 6,546 $ 253 $ — $ — $ 6,799 Commercial properties 1,499 624 (310 ) — 1,813 Land and construction 67 36 103 Commercial and industrial loans 1,897 1,665 (1,913 ) — 1,649 Consumer loans 141 95 — — 236 Total $ 10,150 $ 2,673 $ (2,223 ) $ — $ 10,600
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, 2016: Allowance for loan losses: Real estate loans: Residential properties $ — $ 5,358 $ — $ 5,358 $ 170 Commercial properties — 1,894 — 1,894 207 Land and construction — 260 — 260 3 Commercial and industrial loans — 4,139 — 4,139 172 Consumer loans — 549 — 549 21 Total $ — $ 12,200 $ — $ 12,200 $ 573 Loans: Real estate loans: Residential properties $ — $ 1,251,602 $ — $ 1,251,602 $ 14,638 Commercial properties 2,257 427,312 185 429,754 30,772 Land and construction — 23,747 — 23,747 431 Commercial and industrial loans 1,563 236,484 5,655 243,702 24,807 Consumer loans — 53,910 — 53,910 1,621 Total $ 3,820 $ 1,993,055 $ 5,840 $ 2,002,715 $ 72,269 December 31, 2015: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,799 $ — $ 6,799 $ 127 Commercial properties 30 1,783 — 1,813 363 Land and construction — 103 — 103 42 Commercial and industrial loans — 1,649 — 1,649 187 Consumer loans — 236 — 236 13 Total $ 30 $ 10,570 $ — $ 10,600 $ 732 Loans: Real estate loans: Residential properties $ — $ 1,160,568 $ — $ 1,160,568 $ 7,747 Commercial properties 6,275 352,162 354 358,791 43,287 Land and construction — 11,180 1,140 12,320 4,267 Commercial and industrial loans 5,687 185,732 5,165 196,584 28,231 Consumer loans 76 37,130 — 37,206 1,761 Total $ 12,038 $ 1,746,772 $ 6,659 $ 1,765,469 $ 85,293
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, 2016: Real estate loans: Residential properties $ 1,247,744 $ 3,858 $ — $ — $ 1,251,602 Commercial properties 427,312 — 185 2,257 429,754 Land and construction 23,747 — — — 23,747 Commercial and industrial loans 220,153 4,413 17,573 1,563 243,702 Consumer loans 53,910 — — — 53,910 Total $ 1,972,866 $ 8,271 $ 17,758 $ 3,820 $ 2,002,715 December 31, 2015: Real estate loans: Residential properties $ 1,159,029 $ 1,539 $ — $ — $ 1,160,568 Commercial properties 351,988 174 354 6,275 358,791 Land and construction 11,180 — 1,140 — 12,320 Commercial and industrial loans 180,755 4,977 5,165 5,687 196,584 Consumer loans 37,130 — — 76 37,206 Total $ 1,740,082 $ 6,690 $ 6,659 $ 12,038 $ 1,765,469
Individual Evaluation of Impaired Loans and Related Allowance	Impaired loans evaluated individually and any related allowance are 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, 2016 : Real estate loans: Commercial properties $ 1,957 $ 1,957 $ 590 $ 300 $ — Commercial and industrial loans 1,563 1,563 — — — Total $ 3,520 $ 3,520 $ 590 $ 300 $ — December 31, 2015 : Real estate loans: Commercial properties $ 5,925 $ 5,925 $ 590 $ 350 $ 30 Commercial and industrial loans 7,770 5,687 — — — Consumer loans 114 76 — — — Total $ 13,809 $ 11,688 $ 590 $ 350 $ 30
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 $ — $ — $ 27 $ 2 Commercial properties 1,933 5 6,487 281 Commercial and industrial loans 2,012 — 7,850 394 Consumer loans — — 105 — Total $ 3,945 $ 5 $ 14,469 $ 677

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 December 31, 2015 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 750,661 — $ 299,794 — Interest-bearing 220,802 0.488 % 260,167 0.359 % Money market and savings 710,148 0.666 % 492,015 0.531 % Certificates of deposits 583,985 0.562 % 470,200 0.554 % Total $ 2,265,596 0.401 % $ 1,522,176 0.404 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 Quarter Ended June 30, 2015 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 3,324 $ 3,324 $ 2,942 $ 2,942 Basic common shares outstanding 16,134,869 16,134,869 8,070,386 8,070,386 Effect of contingent shares issuable 796 796 Effect of options and restricted stock 436,902 378,521 Diluted common shares outstanding 16,572,567 8,449,703 Earnings per share $ 0.21 $ 0.20 $ 0.36 $ 0.35 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 7,111 $ 7,111 $ 5,568 $ 5,568 Basic common shares outstanding 16,068,979 16,068,979 7,963,515 7,963,515 Effect of contingent shares issuable 796 796 Effect of options and restricted stock 450,375 366,321 Diluted common shares outstanding 16,520,150 8,330,632 Earnings per share $ 0.44 $ 0.43 $ 0.70 $ 0.67

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016: Interest income $ 24,573 $ — $ — $ 24,573 Interest expense 2,652 — — 2,652 Net interest income 21,921 — — 21,921 Provision for loan losses 1,250 — — 1,250 Noninterest income (170 ) 5,222 (142 ) 4,910 Noninterest expense 14,268 4,616 966 19,850 Income (loss) before taxes on income $ 6,233 $ 606 $ (1,108 ) $ 5,731 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 Banking Wealth Management Other Total Six months ended June 30, 2016: Interest income $ 46,271 $ — $ — $ 46,271 Interest expense 4,989 — — 4,989 Net interest income 41,282 — — 41,282 Provision for loan losses 1,650 — — 1,650 Noninterest income 1,582 10,598 (285 ) 11,895 Noninterest expense 27,612 9,839 1,816 39,267 Income (loss) before taxes on income $ 13,602 $ 759 $ (2,101 ) $ 12,260 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

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - Pacific Rim Bank - USD ($)	Jun. 16, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Acquisition [Line Items]
Acquisition date		Jun. 16, 2015
Common stock issued in exchange for acquisition, shares	621,345
Stock value per share, acquisition date	$ 19
Cash paid to dissenting shareholders upon acquisition	$ 543,000
Goodwill	1,300,000
Deferred income tax asset, operating loss carry-forward and other tax attributes		$ 2,300,000
Business combination, value of deposit	$ 1,100,000
Finite-lived intangible asset, amortized period		7 years
Acquisition date		Jan. 1, 2015
Increase in net income, pro forma adjustment			$ 300,000
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

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - Pacific Rim Bank	Jun. 16, 2015USD ($)
Assets Acquired:
Goodwill	$ 1,300,000
Consideration:
Cash paid	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	269,000
Total assets acquired	129,007,000
Liabilities Assumed:
Deposits	119,663,000
Accounts payable and other liabilities	442,000
Total liabilities assumed	120,105,000
Excess of assets acquired over liabilities assumed	8,902,000
Total assets acquired	129,007,000
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	2,258,000
REO	(672,000)
Goodwill	1,300,000
Core deposit intangible	1,099,000
Total assets acquired	3,527,000
Liabilities Assumed:
Deposits	178,000
Accounts payable and other liabilities	(98,000)
Total liabilities assumed	80,000
Excess of assets acquired over liabilities assumed	3,447,000
Total assets acquired	3,527,000
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	2,258,000
REO	3,702,000
Goodwill	1,300,000
Core deposit intangible	1,099,000
Other assets	269,000
Total assets acquired	132,534,000
Liabilities Assumed:
Deposits	119,841,000
Accounts payable and other liabilities	344,000
Total liabilities assumed	120,185,000
Excess of assets acquired over liabilities assumed	12,349,000
Total assets acquired	132,534,000
Consideration:
Stock issued	11,806,000
Cash paid	543,000
Total	$ 12,349,000

Acquisitions - Pro Forma Summar

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

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, 2016	Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 532,231	$ 565,135
U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	302	300
Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	519,946	536,148
Beneficial interest – FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	11,983	12,674
FNMA and FHLB Agency Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale		16,013
Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	532,231	565,135
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	302	300
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	519,946	536,148
Fair Value on Recurring Basis | Beneficial interest – FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	11,983	12,674
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		16,013
Fair Value Measurement Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	302	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	302	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	302	300
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	519,946	552,161
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	519,946	552,161
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	519,946	536,148
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		16,013
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	11,983	12,674
Fair Value Measurement Level 3 | Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	11,983	12,674
Fair Value Measurement Level 3 | Fair Value on Recurring Basis | Beneficial interest – FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 11,983	$ 12,674

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
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	$ 938,000,000	$ 796,000,000
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Prepayment rate	15.00%
Fair Value Measurement Level 3 | Minimum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	4.00%
Fair Value Measurement Level 3 | Maximum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	10.00%
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Borrowings	$ 938,000,000	$ 796,000,000

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 444,518	$ 215,748	$ 172,844	$ 29,692
Securities available-for-sale (“AFS”)	532,231	565,135
Loans	1,991,621	1,754,883
Loans held for sale	468,277
Investment in FHLB stock	25,326	21,492
Liabilities:
Deposits	2,265,596	1,522,176
Borrowings	938,000	796,000
Assets Fair Value:
Cash and cash equivalents	444,518	215,748
Securities available-for-sale (“AFS”)	532,231	565,135
Loans	2,012,859	1,779,941
Loans held for sale	478,579
Investment in FHLB stock	25,326	21,492
Liabilities Fair Value:
Deposits	2,265,722	1,522,104
Borrowings	938,000	796,000
Fair Value Measurement Level 1
ASSETS
Securities available-for-sale (“AFS”)	302	300
Assets Fair Value:
Cash and cash equivalents	444,518	215,748
Securities available-for-sale (“AFS”)	302	300
Liabilities Fair Value:
Deposits	1,681,611	1,051,976
Fair Value Measurement Level 2
ASSETS
Securities available-for-sale (“AFS”)	519,946	552,161
Investment in FHLB stock	25,326	21,492
Assets Fair Value:
Securities available-for-sale (“AFS”)	519,946	552,161
Investment in FHLB stock	25,326	21,492
Liabilities Fair Value:
Deposits	584,111	470,128
Borrowings	938,000	796,000
Fair Value Measurement Level 3
ASSETS
Securities available-for-sale (“AFS”)	11,983	12,674
Assets Fair Value:
Securities available-for-sale (“AFS”)	11,983	12,674
Loans	2,012,859	$ 1,779,941
Loans held for sale	$ 478,579

Securities - Summary of AFS Sec

Securities - Summary of AFS Securities Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 521,520	$ 567,351
Gross Unrealized gains	11,396	1,385
Gross Unrealized losses	(685)	(3,601)
Estimated Fair Value	532,231	565,135
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	300	300
Gross Unrealized gains	2
Estimated Fair Value	302	300
FNMA and FHLB Agency Notes
Schedule Of Available For Sale Securities [Line Items]
Amortized cost		16,108
Gross Unrealized losses		(95)
Estimated Fair Value		16,013
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	508,862	538,269
Gross Unrealized gains	11,084	909
Gross Unrealized losses		(3,030)
Estimated Fair Value	519,946	536,148
Beneficial interest in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	12,358	12,674
Gross Unrealized gains	310	476
Gross Unrealized losses	(685)	(476)
Estimated Fair Value	$ 11,983	$ 12,674

Securities - Schedule of Securi

Securities - Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time (Details) - Beneficial interest in FHLMC securitization $ in Thousands	Jun. 30, 2016USD ($)
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 2,402
Less than 12 months, Unrealized Loss	(685)
Total, Fair Value	2,402
Total, Unrealized Loss	$ (685)

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield (Details) $ in Thousands	Jun. 30, 2016USD ($)
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, one through five years	0.90%
Weighted average yield, total	0.90%
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, one through five years	$ 300
Amortized cost, total	300
Estimated fair value, one through five years	300
Estimated fair value, total	$ 300

Securities - Additional Informa

Securities - Additional Information (Details)	Jun. 30, 2016
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	0.90%
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	2.21%

Loans - Summary of Loans (Detai

Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,002,715	$ 1,765,469
Premiums, discounts and deferred fees and expenses	1,106	14
Loans, net of deferred fees	2,003,821	1,765,483
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,251,602	1,160,568
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	429,754	358,791
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	243,702	196,584
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	53,910	37,206
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,705,103	1,531,679
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,251,602	1,160,568
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	429,754	358,791
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	23,747	12,320
Multifamily | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	687,481	627,311
Single Family | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 564,121	$ 533,257

Loans - Additional Information

Loans - Additional Information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan	Dec. 31, 2015USD ($)
Financing Receivable Recorded Investment [Line Items]
Loans acquired	$ 2,500		$ 2,800
90 Days or More Past Due and Still Accruing	3,636		8,497
Nonaccrual Past Due and Still Accruing	$ 6,172		$ 4,136
Percentage of Total Loans Due 90 Days or More	0.18%		0.48%
Commercial and Industrial Loans
Financing Receivable Recorded Investment [Line Items]
90 Days or More Past Due and Still Accruing	$ 2,852		$ 5,713
Nonaccrual Past Due and Still Accruing	$ 4,489		$ 2,509
Number of loans classified as troubled debt restructurings | Loan	6	2
Troubled debt restructuring balance	$ 4,200	$ 400
DCB
Financing Receivable Recorded Investment [Line Items]
90 Days or More Past Due and Still Accruing	9,800
Nonaccrual Past Due and Still Accruing	$ 4,900
Percentage of Total Loans Due 90 Days or More	50.00%

Loans - Carrying Amount of Purc

Loans - Carrying Amount of Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 7,868	$ 8,950
Unaccreted discount on purchased credit impaired loans	(2,028)	(2,291)
Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	5,840	6,659
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	185	354
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	7,559	6,787
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	5,655	5,165
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	8	14
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	301	2,149
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 301	533
Real Estate Loans | Land
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans		$ 1,616

Loans - Accretable Yield or Inc

Loans - Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans and Related Changes (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Receivables [Abstract]
Beginning balance	$ 582	$ 130
Accretion of income	(121)	(529)
Reclassifications from nonaccretable difference		176
Acquisition		805
Disposals	(77)
Ending balance	$ 384	$ 582

Loans - Summary of Delinquent a

Loans - Summary of Delinquent and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 17,051	$ 18,939
90 Days or More Past Due and Still Accruing	3,636	8,497
Nonaccrual Past Due and Still Accruing	6,172	4,136
Current	1,985,664	1,746,530
Total loans	$ 2,002,715	$ 1,765,469
Percentage of Total Loans Due 30-59 Days	0.29%	0.26%
Percentage of Total Loans Due 60-89 Days	0.07%	0.09%
Percentage of Total Loans Due 90 Days or More	0.18%	0.48%
Percentage of Total Loans Due Nonaccrual	0.31%	0.23%
Percentage of Total Loans	0.85%	1.07%
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 1,251,602	$ 1,160,568
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	429,754	358,791
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	9,121	12,286
90 Days or More Past Due and Still Accruing	2,852	5,713
Nonaccrual Past Due and Still Accruing	4,489	2,509
Current	234,581	184,298
Total loans	243,702	196,584
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	10	3,076
90 Days or More Past Due and Still Accruing		1,991
Nonaccrual Past Due and Still Accruing		75
Current	53,900	34,130
Total loans	53,910	37,206
30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	5,863	4,667
30-59 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	400	2,425
30-59 Days | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	10	1,010
60-89 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,380	1,639
60-89 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,380	1,639
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,705,103	1,531,679
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	4,021
Nonaccrual Past Due and Still Accruing	177
Current	1,247,581	1,160,568
Total loans	1,251,602	1,160,568
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	3,899	3,577
90 Days or More Past Due and Still Accruing	784	793
Nonaccrual Past Due and Still Accruing	1,506	1,552
Current	425,855	355,214
Total loans	429,754	358,791
Real Estate Loans | 30-59 Days | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	3,844
Real Estate Loans | 30-59 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,609	1,232
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Current	23,747	12,320
Total loans	$ 23,747	$ 12,320

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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	$ 11,000		$ 10,600	$ 10,150	$ 10,150
Provision for loan losses	1,250	$ 753	1,650	903	2,673
Charge-offs	(50)		(50)	(253)	(2,223)
Ending Balance	12,200		12,200		10,600
Residential Properties
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	6,390		6,799	6,546	6,546
Provision for loan losses	(1,037)		(1,446)		253
Ending Balance	5,353		5,353		6,799
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	2,181		1,813	1,499	1,499
Provision for loan losses	(244)		124		624
Charge-offs	(50)		(50)		(310)
Ending Balance	1,887		1,887		1,813
Land And Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	261		103	67	67
Provision for loan losses	11		169		36
Ending Balance	272		272		103
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	1,789		1,649	1,897	1,897
Provision for loan losses	2,350		2,490		1,665
Charge-offs					(1,913)
Ending Balance	4,139		4,139		1,649
Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	379		236	$ 141	141
Provision for loan losses	170		313		95
Ending Balance	$ 549		$ 549		$ 236

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, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment		$ 30
Allowance for Loan Losses, Collectively Evaluated for Impairment	$ 12,200	10,570
Total Allowance for Loan Losses	12,200	10,600
Unaccreted Credit Component Other Loans	573	732
Loans, Individually Evaluated for Impairment	3,820	12,038
Loans, Collectively Evaluated for Impairment	1,993,055	1,746,772
Total loans	2,002,715	1,765,469
Unaccreted Credit Component Other Loans	72,269	85,293
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	5,840	6,659
Residential Properties
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	5,358	6,799
Total Allowance for Loan Losses	5,358	6,799
Unaccreted Credit Component Other Loans	170	127
Loans, Collectively Evaluated for Impairment	1,251,602	1,160,568
Total loans	1,251,602	1,160,568
Unaccreted Credit Component Other Loans	14,638	7,747
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment		30
Allowance for Loan Losses, Collectively Evaluated for Impairment	1,894	1,783
Total Allowance for Loan Losses	1,894	1,813
Unaccreted Credit Component Other Loans	207	363
Loans, Individually Evaluated for Impairment	2,257	6,275
Loans, Collectively Evaluated for Impairment	427,312	352,162
Total loans	429,754	358,791
Unaccreted Credit Component Other Loans	30,772	43,287
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	185	354
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	4,139	1,649
Total Allowance for Loan Losses	4,139	1,649
Unaccreted Credit Component Other Loans	172	187
Loans, Individually Evaluated for Impairment	1,563	5,687
Loans, Collectively Evaluated for Impairment	236,484	185,732
Total loans	243,702	196,584
Unaccreted Credit Component Other Loans	24,807	28,231
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	5,655	5,165
Consumer Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	549	236
Total Allowance for Loan Losses	549	236
Unaccreted Credit Component Other Loans	21	13
Loans, Individually Evaluated for Impairment		76
Loans, Collectively Evaluated for Impairment	53,910	37,130
Total loans	53,910	37,206
Unaccreted Credit Component Other Loans	1,621	1,761
Land and Construction
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	260	103
Total Allowance for Loan Losses	260	103
Unaccreted Credit Component Other Loans	3	42
Loans, Collectively Evaluated for Impairment	23,747	11,180
Total loans	23,747	12,320
Unaccreted Credit Component Other Loans	$ 431	4,267
Land and Construction | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired		$ 1,140

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Receivables [Abstract]
Allowance of purchase impaired loans	0.79%	0.86%
Additional allowance on credit impaired loans	$ 200,000	$ 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, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,002,715	$ 1,765,469
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,251,602	1,160,568
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	429,754	358,791
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	243,702	196,584
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	53,910	37,206
Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	23,747	12,320
Pass
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,972,866	1,740,082
Pass | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,247,744	1,159,029
Pass | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	427,312	351,988
Pass | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	220,153	180,755
Pass | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	53,910	37,130
Pass | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	23,747	11,180
Special Mention
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,271	6,690
Special Mention | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,858	1,539
Special Mention | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans		174
Special Mention | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,413	4,977
Substandard
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,758	6,659
Substandard | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	185	354
Substandard | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	17,573	5,165
Substandard | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans		1,140
Impaired
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,820	12,038
Impaired | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,257	6,275
Impaired | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 1,563	5,687
Impaired | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans		$ 76

Allowance for Loan Losses - Ind

Allowance for Loan Losses - Individual Evaluation of Impaired Loans and Related Allowance (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	$ 3,520	$ 13,809
Recorded Investment, With No Allowance Recorded	3,520	11,688
Unpaid Principal Balance, With an Allowance Recorded	590	590
Recorded Investment, With an Allowance Recorded	300	350
Related Allowance, With an Allowance Recorded		30
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	1,957	5,925
Recorded Investment, With No Allowance Recorded	1,957	5,925
Unpaid Principal Balance, With an Allowance Recorded	590	590
Recorded Investment, With an Allowance Recorded	300	350
Related Allowance, With an Allowance Recorded		30
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	1,563	7,770
Recorded Investment, With No Allowance Recorded	$ 1,563	5,687
Consumer Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded		114
Recorded Investment, With No Allowance Recorded		$ 76

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, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 3,945	$ 14,469
Interest Income after Impairment	5	677
Residential Properties
Financing Receivable Modifications [Line Items]
Average Recorded Investment		27
Interest Income after Impairment		2
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Average Recorded Investment	1,933	6,487
Interest Income after Impairment	5	281
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 2,012	7,850
Interest Income after Impairment		394
Consumer Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment		$ 105

Deposits - Summary of Outstandi

Deposits - Summary of Outstanding Balance of Deposits and Average Rates (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Deposits [Abstract]
Demand deposits, Noninterest-bearing	$ 750,661	$ 299,794
Demand deposits, Interest-bearing	220,802	260,167
Money market and savings	710,148	492,015
Certificates of deposits	583,985	470,200
Total	$ 2,265,596	$ 1,522,176
Demand deposits, Interest-bearing, Weighted Average Rate	0.488%	0.359%
Money market and savings, Weighted Average Rate	0.666%	0.531%
Certificates of deposits, Weighted Average Rate	0.562%	0.554%
Total, Weighted Average Rate	0.401%	0.404%

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Deposits [Abstract]
Certificates of deposits of $250,000 or more, maturities within one year	$ 165.3	$ 137.8
Certificates of deposits of $250,000 or more, maturities after one year	14.6	11.4
Certificates of deposits of $250,000 or more, total	179.9	149.2
Certificates of deposit of less than $ 250,000, maturities within one year	390.2	292.5
Certificates of deposit of less than $ 250,000, maturities after one year	13.9	28.5
Certificates of deposit of less than $250,000, total	$ 404.1	$ 321

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Overnight FHLB advances	$ 938	$ 796
FHLB advances interest rates	0.47%	0.27%
FHLB, average balance of overnight borrowings	$ 568	$ 353

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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income, Basic	$ 3,324	$ 2,942	$ 7,111	$ 5,568
Basic common shares outstanding	16,134,869	8,070,386	16,068,979	7,963,515
Earnings per share, Basic	$ 0.21	$ 0.36	$ 0.44	$ 0.70
Net income, Diluted	$ 3,324	$ 2,942	$ 7,111	$ 5,568
Effect of contingent shares issuable	796	796	796	796
Effect of options and restricted stock	436,902	378,521	450,375	366,321
Diluted common shares outstanding	16,572,567	8,449,703	16,520,150	8,330,632
Earnings per share, Diluted	$ 0.20	$ 0.35	$ 0.43	$ 0.67

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
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	6,625	78,371

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - Segment	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Interest income	$ 24,573	$ 14,993	$ 46,271	$ 28,151
Interest expense	2,652	1,569	4,989	2,856
Net interest income	21,921	13,424	41,282	25,295
Provision for loan losses	1,250	753	1,650	903	$ 2,673
Noninterest income	4,910	6,420	11,895	12,624
Noninterest expense	19,850	13,974	39,267	27,332
Income before taxes on income	5,731	5,117	12,260	9,684
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	24,573	14,993	46,271	28,151
Interest expense	2,652	1,273	4,989	2,320
Net interest income	21,921	13,720	41,282	25,831
Provision for loan losses	1,250	753	1,650	903
Noninterest income	(170)	1,384	1,582	2,662
Noninterest expense	14,268	8,566	27,612	16,485
Income before taxes on income	6,233	5,785	13,602	11,105
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Noninterest income	5,222	5,188	10,598	10,255
Noninterest expense	4,616	4,550	9,839	9,265
Income before taxes on income	606	638	759	990
Other
Segment Reporting Information [Line Items]
Interest expense		296		536
Net interest income		(296)		(536)
Noninterest income	(142)	(152)	(285)	(293)
Noninterest expense	966	858	1,816	1,582
Income before taxes on income	$ (1,108)	$ (1,306)	$ (2,101)	$ (2,411)