First Foundation (FFWM) 10-Q 8 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 04, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
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	Accelerated Filer
Entity Common Stock, Shares Outstanding		33,342,246

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 75,972	$ 597,946
Securities available-for-sale (“AFS”)	493,983	509,578
Loans held for sale	206,969	250,942
Loans, net of deferred fees	2,865,710	2,555,709
Allowance for loan and lease losses (“ALLL”)	(15,700)	(15,400)
Net loans	2,850,010	2,540,309
Premises and equipment, net	6,870	6,730
Investment in FHLB stock	17,326	33,750
Deferred taxes	16,405	16,811
Real estate owned (“REO”)	1,400	1,734
Goodwill and intangibles	2,122	2,177
Other assets	16,860	15,426
Total Assets	3,687,917	3,975,403
Liabilities:
Deposits	2,780,377	2,426,795
Borrowings	602,000	1,250,000
Accounts payable and other liabilities	13,760	14,344
Total Liabilities	3,396,137	3,691,139
Commitments and contingencies
Shareholders’ Equity
Common Stock, par value $.001: 70,000,000 shares authorized; 33,007,595 and 32,719,632 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	33	16
Additional paid-in-capital	234,272	232,428
Retained earnings	63,178	57,065
Accumulated other comprehensive loss, net of tax	(5,703)	(5,245)
Total Shareholders’ Equity	291,780	284,264
Total Liabilities and Shareholders’ Equity	$ 3,687,917	$ 3,975,403

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
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	33,007,595	32,719,632
Common stock, shares outstanding	33,007,595	32,719,632

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income:
Loans	$ 26,491	$ 18,170
Securities	3,031	3,121
FHLB stock, fed funds sold and interest-bearing deposits	838	407
Total interest income	30,360	21,698
Interest expense:
Deposits	3,192	1,795
Borrowings	1,110	542
Total interest expense	4,302	2,337
Net interest income	26,058	19,361
Provision for loan losses	69	400
Net interest income after provision for loan losses	25,989	18,961
Noninterest income:
Asset management, consulting and other fees	6,215	6,001
Gain on sale of loans	300	0
Gain on capital market activities		311
Gain on sale of REO	104
Other income	1,164	673
Total noninterest income	7,783	6,985
Noninterest expense:
Compensation and benefits	14,755	12,724
Occupancy and depreciation	3,414	2,815
Professional services and marketing costs	3,429	1,723
Other expenses	3,111	2,155
Total noninterest expense	24,709	19,417
Income before taxes on income	9,063	6,529
Taxes on income	2,950	2,742
Net income	$ 6,113	$ 3,787
Net income per share:
Basic	$ 0.19	$ 0.12
Diluted	$ 0.18	$ 0.11
Shares used in computation:
Basic	32,805,010	32,006,176
Diluted	33,961,220	33,169,064

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - Unaudited - 3 months ended Mar. 31, 2017 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in-Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2016	$ 284,264	$ 16	$ 232,428	$ 57,065	$ (5,245)
Beginning balance (in shares) at Dec. 31, 2016		32,719,632
Effect of stock split		$ 17	(17)
Net income	6,113			6,113
Other comprehensive income	(458)				(458)
Stock based compensation	442		442
Exercise of options	1,419		1,419
Exercise of options (in shares)		264,000
Issuance of restricted stock (in shares)		23,663
Ending balance at Mar. 31, 2017	$ 291,780	$ 33	$ 234,272	$ 63,178	$ (5,703)
Ending balance (in shares) at Mar. 31, 2017	0	33,007,595

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 6,113	$ 3,787
Other comprehensive income:
Unrealized holding gains (losses) on securities arising during the period	(778)	9,199
Other comprehensive income (loss) before tax	(778)	9,199
Income tax expense (benefit) related to items of other comprehensive income	(320)	3,608
Other comprehensive income (loss)	(458)	5,591
Less: Reclassification adjustment for (gains) losses included in net earnings		(311)
Income tax expense (benefit) related to reclassification adjustment		133
Reclassification adjustment for (gains) losses included in net earnings, net of tax		178
Other comprehensive income (loss), net of tax	(458)	5,413
Total comprehensive income	$ 5,655	$ 9,200

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows from Operating Activities:
Net income	$ 6,113	$ 3,787
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	69	400
Stock–based compensation expense	442	317
Depreciation and amortization	553	396
Deferred tax expense	726	534
Accretion of discounts on purchased loans, net	(77)	(95)
Gain on sale of loans	(300)	0
Gain on capital market activities		(311)
Gain on sale of REO	(104)
Increase in other assets	(1,339)	(502)
Decrease in accounts payable and other liabilities	(584)	(780)
Net cash provided by operating activities	5,499	3,746
Cash Flows from Investing Activities:
Net increase in loans (including changes in loans held for sale)	(286,518)	(287,499)
Proceeds from sale of loans	20,985	0
Proceeds from sale of REO	438	3,702
Purchase of premises and equipment	(693)	(2,193)
Purchase of securities AFS	(1,654)	(27,278)
Proceeds from sale of securities AFS		39,456
Maturities of AFS securities	16,544	13,877
Sale of FHLB stock, net	16,424	4,401
Net cash used in investing activities	(234,474)	(255,534)
Cash Flows from Financing Activities:
Increase in deposits	353,582	250,930
FHLB Advances – net decrease	(668,000)	(163,000)
Proceeds – term note	20,000	0
Proceeds from sale of stock, net	1,419	927
Net cash (used in) provided by financing activities	(292,999)	88,857
Decrease in cash and cash equivalents	(521,974)	(162,931)
Cash and cash equivalents at beginning of year	597,946	215,748
Cash and cash equivalents at end of period	75,972	52,817
Supplemental disclosures of cash flow information:
Interest	3,827	2,201
Income taxes	255	2,150
Noncash transactions:
Transfer of loans to (from) loans held for sale	(44,521)	$ 260,075
Mortgage servicing rights created from loan sales	113
Chargeoffs (recoveries) against allowance for loans losses	$ (231)

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2017
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”) and First Foundation Bank (“FFB” or the “Bank”) and the wholly owned subsidiaries of FFB, First Foundation Insurance Services (“FFIS”) and Blue Moon Management, LLC (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 2017 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, 2016. On January 18, 2017, the Company completed a two-for-one stock split in the form of a stock dividend. Each stockholder of record at the close of business of January 4, 2017 received one additional share of common stock for every share held. All share and per share amounts included in the financial statements have been adjusted to reflect the effect of this stock split. Certain reclassifications have been made to the prior year consolidated financial statements to conform to the 2017 presentation. In January 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ ASU”) “Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” In August 2016, the FASB issued ASU “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments” In June 2016, the FASB issued ASU “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” 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. We expect the adoption of ASU 2016-02 to impact the Company’s accounting for its building leases at each of its locations and the 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) The adoption of ASU No. 2016-01 is not expected to have a material impact on the Company’s consolidated financial statements

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 2: 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) March 31, 2017: Investment securities available for sale: US Treasury securities $ 298 $ 298 $ — $ — Agency mortgage-backed securities 454,424 — 454,424 — Beneficial interest – FHLMC securitization 39,261 — — 39,261 Total assets at fair value on a recurring basis $ 493,983 $ 298 $ 454,424 $ 39,261 December 31, 2016: Investment securities available for sale: US Treasury securities $ 297 $ 297 $ — $ — Agency mortgage-backed securities 468,909 — 468,909 — Beneficial interest – FHLMC securitization 40,372 — — 40,372 Total assets at fair value on a recurring basis $ 509,578 $ 297 $ 468,909 $ 40,372 The decrease in level 3 assets from December 31, 2016 was due to Beneficial interest – FHLMC securitization maturities. 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. 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 following methods and assumptions were used to estimate the fair value of financial instruments. Cash and Cash Equivalents . The fair value of cash and cash equivalents approximates its carrying value. Interest-Bearing Deposits with Financial Institutions . The fair values of interest-bearing deposits maturing within ninety days approximate their carrying values. Investment Securities Available for Sale . Investment securities available-for-sale are measured at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. 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 March 31, 2017 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 the 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, other than impaired 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. 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 $582 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 $20.0 million term loan is a variable rate loan for which the rate adjusts quarterly, and as such, its fair value is based on its carrying value resulting in a Level 3 classification. Assets Measured at Fair Value on a Nonrecurring Basis 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”, at the fair value of the loan’s collateral (if the loan is collateral dependent) less estimated selling costs. 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. The total collateral dependent impaired Level 3 loans were $11.1 million and $9.0 million at March 31, 2017 and December 31, 2016, respectively. There were no specific reserves related to these loans at March 31, 2017 and December 31, 2016. Real Estate Owned . The fair value of real estate owned is based on external appraised values that include adjustments for estimated selling costs and assumptions of market conditions that are not directly observable, resulting in a Level 3 classification. As of March 31, 2017 and December 31, 2016, the fair value of real estate owned was $1.4 million and $1.7 million, respectively. 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 March 31, 2017: Assets: Cash and cash equivalents $ 75,972 $ 75,972 $ — $ — $ 75,972 Securities AFS 493,983 298 454,424 39,261 493,983 Loans 2,850,010 — — 3,042,640 3,042,640 Loans held for sale 206,969 — — 209,453 209,453 Investment in FHLB stock 17,326 — 17,326 — 17,326 Liabilities: Deposits 2,780,377 2,025,867 754,663 — 2,780,530 Borrowings 602,000 — 582,000 20,000 602,000 December 31, 2016: Assets: Cash and cash equivalents $ 597,946 $ 597,946 $ — $ — $ 597,946 Securities AFS 509,578 297 468,909 40,372 509,578 Loans, net 2,540,309 — — 2,529,360 2,529,360 Loans held for sale 250,942 — — 253,953 253,953 Investment in FHLB stock 33,750 — 33,750 — 33,750 Liabilities: Deposits 2,426,795 1,797,329 629,594 — 2,426,923 Borrowings 1,250,000 — 1,250,000 — 1,250,000

Securities

Securities	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Securities	NOTE 3: 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 March 31, 2017: US Treasury securities $ 300 $ — $ (2 ) $ 298 Agency mortgage-backed securities 461,954 264 (7,794 ) 454,424 Beneficial interests in FHLMC securitization 41,420 298 (2,457 ) 39,261 Total $ 503,674 $ 562 $ (10,253 ) $ 493,983 December 31, 2016: US Treasury securities $ 300 $ — $ (3 ) $ 297 Agency mortgage-backed securities 476,163 160 (7,414 ) 468,909 Beneficial interests in FHLMC securitization 42,028 711 (2,367 ) 40,372 Total $ 518,491 $ 871 $ (9,784 ) $ 509,578 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 March 31, 2017, 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 March 31, 2017 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss US Treasury securities $ 298 $ (2 ) $ — $ — $ 298 $ (2 ) Agency mortgage backed securities 432,023 (7,794 ) — — 432,023 (7,794 ) Beneficial interests in FHLMC securitization 15,714 (1,842 ) 2,045 (615 ) 17,759 (2,457 ) Total temporarily impaired securities $ 448,035 $ (9,638 ) $ 2,045 $ (615 ) $ 450,080 $ (10,253 ) Unrealized losses on, US Treasury securities, FNMA and FHLB agency notes and agency mortgage-backed securities, as well as beneficial interests in FHLMC securitization have not been recognized into income because the issuer bonds are of high credit quality, management does not intend to sell and it is not more likely than not that management would be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates. The fair value is expected to recover as the bonds approach maturity. The scheduled maturities of securities AFS and the related weighted average yields were as follows as of March 31, 2017: (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 $ — $ 298 $ — $ — $ 298 Agency mortgage backed securities and beneficial interests in FHLMC securitization 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 and beneficial interests in FHLMC securitization as of March 31, 2017 was 2.54%.

Loans

Loans	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans	NOTE 4: LOANS The following is a summary of our loans as of: (dollars in thousands) March 31, December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 1,470,306 $ 1,178,003 Single family 613,595 602,886 Total real estate loans secured by residential properties 2,083,901 1,780,889 Commercial properties 480,129 476,959 Land and construction 25,057 24,100 Total real estate loans 2,589,087 2,281,948 Commercial and industrial loans 243,305 237,941 Consumer loans 29,064 32,127 Total loans 2,861,456 2,552,016 Premiums, discounts and deferred fees and expenses 4,254 3,693 Total $ 2,865,710 $ 2,555,709 As of March 31, 2017 and December 31, 2016, the principal balances shown above are net of unaccreted discount related to loans acquired in an acquisition of $1.5 million and $1.6 million, respectively. In 2015 the Company purchased loans for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows for the periods indicated: (dollars in thousands) March 31, 2017 December 31, Outstanding principal balance: Total real estate loans $ 293 $ 295 Commercial and industrial loans 4,189 4,258 Consumer loans — 17 Total loans 4,482 4,570 Unaccreted discount on purchased credit impaired loans (1,164 ) (1,198 ) Total $ 3,318 $ 3,373 Accretable yield, or income expected to be collected on purchased credit impaired loans, is as follows as of: (dollars in thousands) March 31, 2017 December 31, Beginning balance $ 289 $ 582 Accretion of income (27 ) (185 ) Reclassifications from nonaccretable difference — — Acquisition — — Disposals — (108 ) Ending balance $ 262 $ 289 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 March 31, 2017: Real estate loans: Residential properties $ — $ 499 $ — $ 3,674 $ 4,173 $ 2,079,728 $ 2,083,901 Commercial properties — — 2,118 1,100 3,218 476,911 480,129 Land and construction — — — — — 25,057 25,057 Commercial and industrial loans 12,975 1,322 3,778 2,927 21,002 222,303 243,305 Consumer loans — — — — — 29,064 29,064 Total $ 12,975 $ 1,821 $ 5,896 $ 7,701 $ 28,393 $ 2,833,063 $ 2,861,456 Percentage of total loans 0.45 % 0.06 % 0.21 % 0.27 % 0.99 % December 31, 2016: Real estate loans: Residential properties $ — $ — $ — $ 3,759 $ 3,759 $ 1,777,130 $ 1,780,889 Commercial properties — — 2,128 1,120 3,248 473,711 476,959 Land and construction — — — — — 24,100 24,100 Commercial and industrial loans — 2 3,800 3,359 7,161 230,780 237,941 Consumer loans — — — — — 32,127 32,127 Total $ — $ 2 $ 5,928 $ 8,238 $ 14,168 $ 2,537,848 $ 2,552,016 Percentage of total loans — % 0.00 % 0.23 % 0.32 % 0.56 % The level of delinquent loans and nonaccrual loans have been adversely impacted by the loans acquired in an acquisition. As of March 31, 2017, of the $13.6 million in loans over 90 days past due, including loans on nonaccrual, $3.7 million, or 28% were loans acquired in an acquisition. During the first quarter ending March 31, 2017, the Company did not have additional loans classified as troubled debt restructurings (“TDR”). As of December 31, 2016, the Company had five loans with a balance of $3.1 million classified as TDR which are included as nonaccrual in the table above. These loans have been paying in accordance with the terms of their restructure. The following table presents the composition of TDRs by accrual and nonaccrual status as of: March 31, 2017 December 31, 2016 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Commercial and industrial $ 272 $ 2,677 $ 2,949 $ 317 $ 3,109 $ 3,426 These loans were classified as a TDR as a result of a reduction in required principal payments and/or an extension of the maturity date of the loans.

Allowance for Loan Losses

Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Allowance for Loan Losses	NOTE 5: ALLOWANCE FOR LOAN LOSSES The following is a roll forward of the Bank’s allowance for loan losses for the quarters ended March 31: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending 2017: Real estate loans: Residential properties $ 6,669 $ 1,748 $ — $ — $ 8,417 Commercial properties 2,983 339 — — 3,322 Land and construction 233 30 — — 263 Commercial and industrial loans 5,227 (2,057 ) — 231 3,401 Consumer loans 288 9 — — 297 Total $ 15,400 $ 69 $ — $ 231 $ 15,700 2016: Real estate loans: Residential properties $ 6,799 $ (370 ) $ — $ — $ 6,429 Commercial properties 1,813 464 — — 2,277 Land and construction 103 23 — — 126 Commercial and industrial loans 1,649 140 — — 1,789 Consumer loans 236 143 — — 379 Total $ 10,600 $ 400 $ — $ — $ 11,000 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 March 31, 2017: Allowance for loan losses: Real estate loans: Residential properties $ — $ 8,417 $ — $ 8,417 $ 120 Commercial properties — 3,322 — 3,322 116 Land and construction — 263 — 263 2 Commercial and industrial loans — 3,401 — 3,401 134 Consumer loans — 297 — 297 18 Total $ — $ 15,700 $ — $ 15,700 $ 390 Loans: Real estate loans: Residential properties $ 5,992 $ 2,077,909 $ — $ 2,083,901 $ 12,190 Commercial properties 2,109 477,844 176 480,129 19,736 Land and construction — 25,057 — 25,057 435 Commercial and industrial loans 2,959 237,204 3,142 243,305 19,626 Consumer loans — 29,064 — 29,064 1,204 Total $ 11,060 $ 2,847,078 $ 3,318 $ 2,861,456 $ 53,191 December 31, 2016: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,669 $ — $ 6,669 $ 128 Commercial properties — 2,983 — 2,983 136 Land and construction — 233 — 233 2 Commercial and industrial loans — 5,227 — 5,227 147 Consumer loans — 288 — 288 19 Total $ — $ 15,400 $ — $ 15,400 $ 432 Loans: Real estate loans: Residential properties $ 6,093 $ 1,774,796 $ — $ 1,780,889 $ 12,373 Commercial properties 2,148 474,634 177 476,959 24,796 Land and construction — 24,100 — 24,100 437 Commercial and industrial loans 753 233,992 3,196 237,941 20,165 Consumer loans — 32,127 — 32,127 1,266 Total $ 8,994 $ 2,539,649 $ 3,373 $ 2,552,016 $ 59,037 The column labeled “Unaccreted Credit Component Other Loans” represents the amount of unaccreted credit component discount for the other loans acquired in a business combination, and the stated principal balance of the related loans. The discount is equal to 0.73% and 0.73% of the stated principal balance of these loans as of March 31, 2017 and December 31, 2016, respectively. In addition to this unaccreted credit component discount, an additional $0.5 million and $0.5 million of ALLL has been provided for these loans March 31, 2017 and December 31, 2016, 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. Additionally, all loans classified as TDRs are considered impaired at the time they are restructured. 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 March 31, 2017: Real estate loans: Residential properties $ 2,076,409 $ 1,500 $ — $ 5,992 $ 2,083,901 Commercial properties 473,724 1,903 2,393 2,109 480,129 Land and construction 25,057 — — — 25,057 Commercial and industrial loans 228,680 5,984 5,682 2,959 243,305 Consumer loans 29,064 — — — 29,064 Total $ 2,832,934 $ 9,387 $ 8,075 $ 11,060 $ 2,861,456 December 31, 2016: Real estate loans: Residential properties $ 1,773,296 $ 1,500 $ — $ 6,093 $ 1,780,889 Commercial properties 470,484 1,913 2,414 2,148 476,959 Land and construction 24,100 — — — 24,100 Commercial and industrial loans 219,676 3,625 13,887 753 237,941 Consumer loans 32,127 — — — 32,127 Total $ 2,519,683 $ 7,038 $ 16,301 $ 8,994 $ 2,552,016 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 March 31, 2017 : Real estate loans: Residential properties $ 5,992 $ 5,992 $ — $ — $ — Commercial properties 2,109 2,109 — — — Commercial and industrial loans 2,959 2,959 — — — Consumer loans — — — — — Total $ 11,060 $ 11,060 $ — $ — $ — December 31, 2016 : Real estate loans: Residential properties $ 6,093 $ 6,093 $ — $ — $ — Commercial properties 2,148 2,148 — — — Commercial and industrial loans 753 753 — — — Consumer loans — — — — — Total $ 8,994 $ 8,994 $ — $ — $ — 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: Three 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 $ 6,041 $ 20 $ 1,970 $ 14 Commercial properties 2,130 11 2,252 17 Commercial and industrial loans 2,983 1 1,673 20 Consumer loans — — 4 — Total $ 11,154 $ 32 $ 5,899 $ 51 There was no interest income recognized on a cash basis in either 2017 or 2016 on impaired loans.

Loan Sales and Mortgage Servici

Loan Sales and Mortgage Servicing Rights	3 Months Ended
	Mar. 31, 2017
Loan Sales And Mortgage Servicing Rights Disclosure [Abstract]
Loan Sales and Mortgage Servicing Rights	NOTE 6: LOAN SALES AND MORTGAGE SERVICING RIGHTS In the first quarter of 2017, FFB recognized a gain of $0.3 million on the sale of $21 million of multifamily loans and recorded mortgage servicing rights of $0.1 million on the sale of those loans. As of March 31, 2017 and December 31, 2016, mortgage servicing rights were $2.2 million and the amount of loans serviced for others totaled $417.3 million and $412.2 million, respectively. Servicing fees collected in the first three months of 2017 and during 2016 were $0.2 million and $0.3 million, respectively.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2017
Deposits [Abstract]
Deposits	NOTE 7: DEPOSITS The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: March 31, 2017 December 31, 2016 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 742,544 — $ 661,781 — Interest-bearing 278,879 0.600 % 194,274 0.471 % Money market and savings 1,004,444 0.768 % 941,344 0.677 % Certificates of deposits 754,510 0.614 % 629,396 0.589 % Total $ 2,780,377 0.504 % $ 2,426,795 0.453 % At March 31, 2017, of the $211.6 million of certificates of deposits of $250,000 or more, $202 million mature within one year and $9.6 million mature after one year. Of the $542.9 million of certificates of deposit of less than $250,000, $516 million mature within one year and $26.9 million mature after one year. At December 31, 2016, of the $189.9 million of certificates of deposits of $250,000 or more, $182.8 million mature within one year and $7.1 million mature after one year. Of the $439.5 million of certificates of deposit of less than $250,000, $416.3 million mature within one year and $23.2 million mature after one year.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Borrowings	NOTE 8: BORROWINGS At March 31, 2017, our borrowings consisted of $582 million of overnight FHLB advances and $20 million outstanding on a line of credit to FFI. At December 31, 2016, our borrowings consisted of $1.3 billion of overnight FHLB advances. The FHLB advances were paid in full in the early part of April 2017 and January 2017, respectively, and bore interest rates of 0.80% and 0.56%, 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 three months of 2017 was $632.2 million, as compared to $507.0 million during all of 2016. During the first quarter of 2017, the Company entered into a loan agreement with an unaffiliated lender that provides for a revolving line of credit for up to $25 million. The loan agreement matures in five years, with an option to extend the maturity date subject to certain conditions, and bears interest at 90 day LIBOR plus 350 basis points (3.50%). We are required to meet certain financial covenants during the term of the loan, including minimum capital levels and limits on classified assets The Company’s obligations under the loan agreement are secured by, among other things, a pledge of all of its equity in FFB.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
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 quarters ended March 31: 2017 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 6,113 $ 6,113 $ 3,787 $ 3,787 Basic common shares outstanding 32,805,010 32,805,010 32,006,176 32,006,176 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 1,154,618 1,161,296 Diluted common shares outstanding 33,961,220 33,169,064 Earnings per share $ 0.19 $ 0.18 $ 0.12 $ 0.11 Based on a weighted average basis, options to purchase 26,500 shares of common stock were excluded for the quarter ended March 31, 2016 because their effect would have been anti-dilutive.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Reporting	NOTE 10: SEGMENT REPORTING For the quarters ended March 31, 2017 and 2016, the Company had two reportable business segments: Banking (FFB) and Wealth Management (FFA). The results of FFI and any elimination entries are included in the column labeled Other. The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods: (dollars in thousands) Banking Wealth Management Other Total Quarter ended March 31, 2017: Interest income $ 30,360 $ — $ — $ 30,360 Interest expense 4,277 — 25 4,302 Net interest income 26,083 — (25 ) 26,058 Provision for loan losses 69 — — 69 Noninterest income 2,516 5,457 (190 ) 7,783 Noninterest expense 18,331 5,190 1,188 24,709 Income (loss) before taxes on income $ 10,199 $ 267 $ (1,403 ) $ 9,063 Quarter ended March 31, 2016: Interest income $ 21,698 $ — $ — $ 21,698 Interest expense 2,337 — — 2,337 Net interest income 19,361 — — 19,361 Provision for loan losses 400 — — 400 Noninterest income 1,752 5,376 (143 ) 6,985 Noninterest expense 13,344 5,223 850 19,417 Income (loss) before taxes on income $ 7,369 $ 153 $ (993 ) $ 6,529

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
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) March 31, 2017: Investment securities available for sale: US Treasury securities $ 298 $ 298 $ — $ — Agency mortgage-backed securities 454,424 — 454,424 — Beneficial interest – FHLMC securitization 39,261 — — 39,261 Total assets at fair value on a recurring basis $ 493,983 $ 298 $ 454,424 $ 39,261 December 31, 2016: Investment securities available for sale: US Treasury securities $ 297 $ 297 $ — $ — Agency mortgage-backed securities 468,909 — 468,909 — Beneficial interest – FHLMC securitization 40,372 — — 40,372 Total assets at fair value on a recurring basis $ 509,578 $ 297 $ 468,909 $ 40,372
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 March 31, 2017: Assets: Cash and cash equivalents $ 75,972 $ 75,972 $ — $ — $ 75,972 Securities AFS 493,983 298 454,424 39,261 493,983 Loans 2,850,010 — — 3,042,640 3,042,640 Loans held for sale 206,969 — — 209,453 209,453 Investment in FHLB stock 17,326 — 17,326 — 17,326 Liabilities: Deposits 2,780,377 2,025,867 754,663 — 2,780,530 Borrowings 602,000 — 582,000 20,000 602,000 December 31, 2016: Assets: Cash and cash equivalents $ 597,946 $ 597,946 $ — $ — $ 597,946 Securities AFS 509,578 297 468,909 40,372 509,578 Loans, net 2,540,309 — — 2,529,360 2,529,360 Loans held for sale 250,942 — — 253,953 253,953 Investment in FHLB stock 33,750 — 33,750 — 33,750 Liabilities: Deposits 2,426,795 1,797,329 629,594 — 2,426,923 Borrowings 1,250,000 — 1,250,000 — 1,250,000

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017: US Treasury securities $ 300 $ — $ (2 ) $ 298 Agency mortgage-backed securities 461,954 264 (7,794 ) 454,424 Beneficial interests in FHLMC securitization 41,420 298 (2,457 ) 39,261 Total $ 503,674 $ 562 $ (10,253 ) $ 493,983 December 31, 2016: US Treasury securities $ 300 $ — $ (3 ) $ 297 Agency mortgage-backed securities 476,163 160 (7,414 ) 468,909 Beneficial interests in FHLMC securitization 42,028 711 (2,367 ) 40,372 Total $ 518,491 $ 871 $ (9,784 ) $ 509,578
Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time	The belo indicates a o March 31, 2017, 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 March 31, 2017 Less than 12 months 12 months or more Total (dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss US Treasury securities $ 298 $ (2 ) $ — $ — $ 298 $ (2 ) Agency mortgage backed securities 432,023 (7,794 ) — — 432,023 (7,794 ) Beneficial interests in FHLMC securitization 15,714 (1,842 ) 2,045 (615 ) 17,759 (2,457 ) Total temporarily impaired securities $ 448,035 $ (9,638 ) $ 2,045 $ (615 ) $ 450,080 $ (10,253 )
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 March 31, 2017: (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 $ — $ 298 $ — $ — $ 298

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Summary of Loans	The following is a summary of our loans as of: (dollars in thousands) March 31, December 31, Outstanding principal balance: Loans secured by real estate: Residential properties: Multifamily $ 1,470,306 $ 1,178,003 Single family 613,595 602,886 Total real estate loans secured by residential properties 2,083,901 1,780,889 Commercial properties 480,129 476,959 Land and construction 25,057 24,100 Total real estate loans 2,589,087 2,281,948 Commercial and industrial loans 243,305 237,941 Consumer loans 29,064 32,127 Total loans 2,861,456 2,552,016 Premiums, discounts and deferred fees and expenses 4,254 3,693 Total $ 2,865,710 $ 2,555,709
Carrying Amount of Purchased Credit Impaired Loans	In 2015 the Company purchased loans for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of these purchased credit impaired loans is as follows for the periods indicated: (dollars in thousands) March 31, 2017 December 31, Outstanding principal balance: Total real estate loans $ 293 $ 295 Commercial and industrial loans 4,189 4,258 Consumer loans — 17 Total loans 4,482 4,570 Unaccreted discount on purchased credit impaired loans (1,164 ) (1,198 ) Total $ 3,318 $ 3,373
Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans	Accretable yield, or income expected to be collected on purchased credit impaired loans, is as follows as of: (dollars in thousands) March 31, 2017 December 31, Beginning balance $ 289 $ 582 Accretion of income (27 ) (185 ) Reclassifications from nonaccretable difference — — Acquisition — — Disposals — (108 ) Ending balance $ 262 $ 289
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 March 31, 2017: Real estate loans: Residential properties $ — $ 499 $ — $ 3,674 $ 4,173 $ 2,079,728 $ 2,083,901 Commercial properties — — 2,118 1,100 3,218 476,911 480,129 Land and construction — — — — — 25,057 25,057 Commercial and industrial loans 12,975 1,322 3,778 2,927 21,002 222,303 243,305 Consumer loans — — — — — 29,064 29,064 Total $ 12,975 $ 1,821 $ 5,896 $ 7,701 $ 28,393 $ 2,833,063 $ 2,861,456 Percentage of total loans 0.45 % 0.06 % 0.21 % 0.27 % 0.99 % December 31, 2016: Real estate loans: Residential properties $ — $ — $ — $ 3,759 $ 3,759 $ 1,777,130 $ 1,780,889 Commercial properties — — 2,128 1,120 3,248 473,711 476,959 Land and construction — — — — — 24,100 24,100 Commercial and industrial loans — 2 3,800 3,359 7,161 230,780 237,941 Consumer loans — — — — — 32,127 32,127 Total $ — $ 2 $ 5,928 $ 8,238 $ 14,168 $ 2,537,848 $ 2,552,016 Percentage of total loans — % 0.00 % 0.23 % 0.32 % 0.56 %
Composition of TDRs by Accrual and Nonaccrual Status	The following table presents the composition of TDRs by accrual and nonaccrual status as of: March 31, 2017 December 31, 2016 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Commercial and industrial $ 272 $ 2,677 $ 2,949 $ 317 $ 3,109 $ 3,426

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Bank's Allowance for Loan Losses	The following is a roll forward of the Bank’s allowance for loan losses for the quarters ended March 31: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending 2017: Real estate loans: Residential properties $ 6,669 $ 1,748 $ — $ — $ 8,417 Commercial properties 2,983 339 — — 3,322 Land and construction 233 30 — — 263 Commercial and industrial loans 5,227 (2,057 ) — 231 3,401 Consumer loans 288 9 — — 297 Total $ 15,400 $ 69 $ — $ 231 $ 15,700 2016: Real estate loans: Residential properties $ 6,799 $ (370 ) $ — $ — $ 6,429 Commercial properties 1,813 464 — — 2,277 Land and construction 103 23 — — 126 Commercial and industrial loans 1,649 140 — — 1,789 Consumer loans 236 143 — — 379 Total $ 10,600 $ 400 $ — $ — $ 11,000
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 March 31, 2017: Allowance for loan losses: Real estate loans: Residential properties $ — $ 8,417 $ — $ 8,417 $ 120 Commercial properties — 3,322 — 3,322 116 Land and construction — 263 — 263 2 Commercial and industrial loans — 3,401 — 3,401 134 Consumer loans — 297 — 297 18 Total $ — $ 15,700 $ — $ 15,700 $ 390 Loans: Real estate loans: Residential properties $ 5,992 $ 2,077,909 $ — $ 2,083,901 $ 12,190 Commercial properties 2,109 477,844 176 480,129 19,736 Land and construction — 25,057 — 25,057 435 Commercial and industrial loans 2,959 237,204 3,142 243,305 19,626 Consumer loans — 29,064 — 29,064 1,204 Total $ 11,060 $ 2,847,078 $ 3,318 $ 2,861,456 $ 53,191 December 31, 2016: Allowance for loan losses: Real estate loans: Residential properties $ — $ 6,669 $ — $ 6,669 $ 128 Commercial properties — 2,983 — 2,983 136 Land and construction — 233 — 233 2 Commercial and industrial loans — 5,227 — 5,227 147 Consumer loans — 288 — 288 19 Total $ — $ 15,400 $ — $ 15,400 $ 432 Loans: Real estate loans: Residential properties $ 6,093 $ 1,774,796 $ — $ 1,780,889 $ 12,373 Commercial properties 2,148 474,634 177 476,959 24,796 Land and construction — 24,100 — 24,100 437 Commercial and industrial loans 753 233,992 3,196 237,941 20,165 Consumer loans — 32,127 — 32,127 1,266 Total $ 8,994 $ 2,539,649 $ 3,373 $ 2,552,016 $ 59,037
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 March 31, 2017: Real estate loans: Residential properties $ 2,076,409 $ 1,500 $ — $ 5,992 $ 2,083,901 Commercial properties 473,724 1,903 2,393 2,109 480,129 Land and construction 25,057 — — — 25,057 Commercial and industrial loans 228,680 5,984 5,682 2,959 243,305 Consumer loans 29,064 — — — 29,064 Total $ 2,832,934 $ 9,387 $ 8,075 $ 11,060 $ 2,861,456 December 31, 2016: Real estate loans: Residential properties $ 1,773,296 $ 1,500 $ — $ 6,093 $ 1,780,889 Commercial properties 470,484 1,913 2,414 2,148 476,959 Land and construction 24,100 — — — 24,100 Commercial and industrial loans 219,676 3,625 13,887 753 237,941 Consumer loans 32,127 — — — 32,127 Total $ 2,519,683 $ 7,038 $ 16,301 $ 8,994 $ 2,552,016
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 March 31, 2017 : Real estate loans: Residential properties $ 5,992 $ 5,992 $ — $ — $ — Commercial properties 2,109 2,109 — — — Commercial and industrial loans 2,959 2,959 — — — Consumer loans — — — — — Total $ 11,060 $ 11,060 $ — $ — $ — December 31, 2016 : Real estate loans: Residential properties $ 6,093 $ 6,093 $ — $ — $ — Commercial properties 2,148 2,148 — — — Commercial and industrial loans 753 753 — — — Consumer loans — — — — — Total $ 8,994 $ 8,994 $ — $ — $ —
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: Three 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 $ 6,041 $ 20 $ 1,970 $ 14 Commercial properties 2,130 11 2,252 17 Commercial and industrial loans 2,983 1 1,673 20 Consumer loans — — 4 — Total $ 11,154 $ 32 $ 5,899 $ 51

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 December 31, 2016 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 742,544 — $ 661,781 — Interest-bearing 278,879 0.600 % 194,274 0.471 % Money market and savings 1,004,444 0.768 % 941,344 0.677 % Certificates of deposits 754,510 0.614 % 629,396 0.589 % Total $ 2,780,377 0.504 % $ 2,426,795 0.453 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
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 quarters ended March 31: 2017 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 6,113 $ 6,113 $ 3,787 $ 3,787 Basic common shares outstanding 32,805,010 32,805,010 32,006,176 32,006,176 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 1,154,618 1,161,296 Diluted common shares outstanding 33,961,220 33,169,064 Earnings per share $ 0.19 $ 0.18 $ 0.12 $ 0.11

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017: Interest income $ 30,360 $ — $ — $ 30,360 Interest expense 4,277 — 25 4,302 Net interest income 26,083 — (25 ) 26,058 Provision for loan losses 69 — — 69 Noninterest income 2,516 5,457 (190 ) 7,783 Noninterest expense 18,331 5,190 1,188 24,709 Income (loss) before taxes on income $ 10,199 $ 267 $ (1,403 ) $ 9,063 Quarter ended March 31, 2016: Interest income $ 21,698 $ — $ — $ 21,698 Interest expense 2,337 — — 2,337 Net interest income 19,361 — — 19,361 Provision for loan losses 400 — — 400 Noninterest income 1,752 5,376 (143 ) 6,985 Noninterest expense 13,344 5,223 850 19,417 Income (loss) before taxes on income $ 7,369 $ 153 $ (993 ) $ 6,529

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Details)	Jan. 18, 2017	Jan. 04, 2017shares
Basis Of Presentation [Abstract]
Stock split, conversion ratio	2
Additional share of common stock following stock split		1

Fair Value Measurements - Recor

Fair Value Measurements - Recorded Amounts of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 493,983	$ 509,578
U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	298	297
Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	454,424	468,909
Beneficial interest – FHLMC securitization
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	39,261	40,372
Fair Value on Recurring Basis
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	493,983	509,578
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	298	297
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	454,424	468,909
Fair Value on Recurring Basis | Beneficial interest – FHLMC securitization
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	39,261	40,372
Fair Value Measurement Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	298	297
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	298	297
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	298	297
Fair Value Measurement Level 1 | 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	0	0
Fair Value Measurement Level 1 | Fair Value on Recurring Basis | Beneficial interest – FHLMC securitization
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	454,424	468,909
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	454,424	468,909
Fair Value Measurement Level 2 | 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	0	0
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	454,424	468,909
Fair Value Measurement Level 2 | Fair Value on Recurring Basis | Beneficial interest – FHLMC securitization
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	39,261	40,372
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	39,261	40,372
Fair Value Measurement Level 3 | 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	0	0
Fair Value Measurement Level 3 | 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	0	0
Fair Value Measurement Level 3 | Fair Value on Recurring Basis | Beneficial interest – FHLMC securitization
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 39,261	$ 40,372

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Borrowings	$ 602,000,000	$ 1,250,000,000
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.
Real estate owned (“REO”)	$ 1,400,000	1,734,000
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Prepayment rate	15.00%
Borrowings	$ 20,000,000	0
Total collateral dependent impaired loans	11,100,000	9,000,000
Reserves related to impaired loans	0	0
Real estate owned (“REO”)	$ 1,400,000	1,700,000
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	$ 582,000,000	$ 1,250,000,000

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 75,972	$ 597,946	$ 52,817	$ 215,748
Securities available-for-sale (“AFS”)	493,983	509,578
Loans, net	2,850,010	2,540,309
Loans held for sale	206,969	250,942
Investment in FHLB stock	17,326	33,750
Liabilities:
Deposits	2,780,377	2,426,795
Borrowings	602,000	1,250,000
Assets Fair Value:
Cash and cash equivalents	75,972	597,946
Securities available-for-sale (“AFS”)	493,983	509,578
Loans, net	3,042,640	2,529,360
Loans held for sale	209,453	253,953
Investment in FHLB stock	17,326	33,750
Liabilities Fair Value:
Deposits	2,780,530	2,426,923
Borrowings	602,000	1,250,000
Fair Value Measurement Level 1
ASSETS
Securities available-for-sale (“AFS”)	298	297
Investment in FHLB stock	0	0
Assets Fair Value:
Cash and cash equivalents	75,972	597,946
Securities available-for-sale (“AFS”)	298	297
Loans, net	0	0
Loans held for sale	0	0
Investment in FHLB stock	0	0
Liabilities Fair Value:
Deposits	2,025,867	1,797,329
Borrowings	0	0
Fair Value Measurement Level 2
ASSETS
Securities available-for-sale (“AFS”)	454,424	468,909
Investment in FHLB stock	17,326	33,750
Assets Fair Value:
Cash and cash equivalents	0	0
Securities available-for-sale (“AFS”)	454,424	468,909
Loans, net	0	0
Loans held for sale	0	0
Investment in FHLB stock	17,326	33,750
Liabilities Fair Value:
Deposits	754,663	629,594
Borrowings	582,000	1,250,000
Fair Value Measurement Level 3
ASSETS
Securities available-for-sale (“AFS”)	39,261	40,372
Investment in FHLB stock	0	0
Assets Fair Value:
Cash and cash equivalents	0	0
Securities available-for-sale (“AFS”)	39,261	40,372
Loans, net	3,042,640	2,529,360
Loans held for sale	209,453	253,953
Investment in FHLB stock	0	0
Liabilities Fair Value:
Deposits	0	0
Borrowings	$ 20,000	$ 0

Securities - Summary of AFS Sec

Securities - Summary of AFS Securities Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 503,674	$ 518,491
Gross Unrealized gains	562	871
Gross Unrealized losses	(10,253)	(9,784)
Estimated Fair Value	493,983	509,578
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	300	300
Gross Unrealized losses	(2)	(3)
Estimated Fair Value	298	297
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	461,954	476,163
Gross Unrealized gains	264	160
Gross Unrealized losses	(7,794)	(7,414)
Estimated Fair Value	454,424	468,909
Beneficial interests in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	41,420	42,028
Gross Unrealized gains	298	711
Gross Unrealized losses	(2,457)	(2,367)
Estimated Fair Value	$ 39,261	$ 40,372

Securities - Schedule of Securi

Securities - Schedule of Securities in a Continuous Unrealized Loss Position Aggregated by Investment Category and Length of Time (Details) $ in Thousands	Mar. 31, 2017USD ($)
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 448,035
Less than 12 months, Unrealized Loss	(9,638)
12 months or more, Fair Value	2,045
12 months or more, Unrealized Loss	(615)
Total, Fair Value	450,080
Total, Unrealized Loss	(10,253)
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	298
Less than 12 months, Unrealized Loss	(2)
Total, Fair Value	298
Total, Unrealized Loss	(2)
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	432,023
Less than 12 months, Unrealized Loss	(7,794)
Total, Fair Value	432,023
Total, Unrealized Loss	(7,794)
Beneficial interests in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	15,714
Less than 12 months, Unrealized Loss	(1,842)
12 months or more, Fair Value	2,045
12 months or more, Unrealized Loss	(615)
Total, Fair Value	17,759
Total, Unrealized Loss	$ (2,457)

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities AFS Other than Mortgage Backed Securities and the Related Weighted Average Yield (Details) $ in Thousands	Mar. 31, 2017USD ($)
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	298
Estimated fair value, total	$ 298

Securities - Additional Informa

Securities - Additional Information (Details)	Mar. 31, 2017
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	0.90%
Agency Mortgage Backed Securities and Beneficial Interests in FHLMC Securitization
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	2.54%

Loans - Summary of Loans (Detai

Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,861,456	$ 2,552,016
Premiums, discounts and deferred fees and expenses	4,254	3,693
Loans, net of deferred fees	2,865,710	2,555,709
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,083,901	1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	480,129	476,959
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	243,305	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	29,064	32,127
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,589,087	2,281,948
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,083,901	1,780,889
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	480,129	476,959
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	25,057	24,100
Multifamily | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,470,306	1,178,003
Single Family | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 613,595	$ 602,886

Loans - Additional Information

Loans - Additional Information (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)Loan	Dec. 31, 2016USD ($)Loan
Financing Receivable Recorded Investment [Line Items]
Loans acquired	$ 1,500	$ 1,600
90 Days or More Past Due and Still Accruing	5,896	5,928
Nonaccrual Past Due and Still Accruing	$ 7,701	$ 8,238
Percentage of Total Loans Due 90 Days or More	0.21%	0.23%
Number of loans classified as troubled debt restructurings | Loan	0	5
Troubled debt restructuring balance		$ 3,100
DCB
Financing Receivable Recorded Investment [Line Items]
90 Days or More Past Due and Still Accruing	$ 13,600
Nonaccrual Past Due and Still Accruing	$ 3,700
Percentage of Total Loans Due 90 Days or More	28.00%

Loans - Carrying Amount of Purc

Loans - Carrying Amount of Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 4,482	$ 4,570
Unaccreted discount on purchased credit impaired loans	(1,164)	(1,198)
Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	3,318	3,373
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	4,189	4,258
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	3,142	3,196
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans		17
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 293	$ 295

Loans - Accretable Yield or Inc

Loans - Accretable Yield or Income Expected to be Collected on Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Beginning balance	$ 289	$ 582
Accretion of income	(27)	(185)
Disposals		(108)
Ending balance	$ 262	$ 289

Loans - Summary of Delinquent a

Loans - Summary of Delinquent and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 28,393	$ 14,168
90 Days or More Past Due and Still Accruing	5,896	5,928
Nonaccrual Past Due and Still Accruing	7,701	8,238
Current	2,833,063	2,537,848
Total loans	$ 2,861,456	$ 2,552,016
Percentage of Total Loans Due 30-59 Days	0.45%
Percentage of Total Loans Due 60-89 Days	0.06%	0.00%
Percentage of Total Loans Due 90 Days or More	0.21%	0.23%
Percentage of Total Loans Due Nonaccrual	0.27%	0.32%
Percentage of Total Loans	0.99%	0.56%
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,083,901	$ 1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	480,129	476,959
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	21,002	7,161
90 Days or More Past Due and Still Accruing	3,778	3,800
Nonaccrual Past Due and Still Accruing	2,927	3,359
Current	222,303	230,780
Total loans	243,305	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Current	29,064	32,127
Total loans	29,064	32,127
30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	12,975
30-59 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	12,975
60-89 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,821	2
60-89 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	1,322	2
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,589,087	2,281,948
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	4,173	3,759
Nonaccrual Past Due and Still Accruing	3,674	3,759
Current	2,079,728	1,777,130
Total loans	2,083,901	1,780,889
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	3,218	3,248
90 Days or More Past Due and Still Accruing	2,118	2,128
Nonaccrual Past Due and Still Accruing	1,100	1,120
Current	476,911	473,711
Total loans	480,129	476,959
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Current	25,057	24,100
Total loans	25,057	$ 24,100
Real Estate Loans | 60-89 Days | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 499

Loans - Composition of TDRs by

Loans - Composition of TDRs by Accrual and Nonaccrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	$ 7,701	$ 8,238
Troubled Debt Restructurings, Total		3,100
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	2,927	3,359
Principal Reduction and Extended Maturity | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	272	317
Troubled Debt Restructurings, Nonaccrual	2,677	3,109
Troubled Debt Restructurings, Total	$ 2,949	$ 3,426

Allowance for Loan Losses - Ban

Allowance for Loan Losses - Bank's Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	$ 15,400	$ 10,600
Provision for loan losses	69	400
Recoveries	231
Ending Balance	15,700	11,000
Residential Properties
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	6,669	6,799
Provision for loan losses	1,748	(370)
Ending Balance	8,417	6,429
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	2,983	1,813
Provision for loan losses	339	464
Ending Balance	3,322	2,277
Land and Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	233	103
Provision for loan losses	30	23
Ending Balance	263	126
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	5,227	1,649
Provision for loan losses	(2,057)	140
Recoveries	231
Ending Balance	3,401	1,789
Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	288	236
Provision for loan losses	9	143
Ending Balance	$ 297	$ 379

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	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	$ 15,700	$ 15,400
Total Allowance for Loan Losses	15,700	15,400
Unaccreted Credit Component Other Loans	390	432
Loans, Individually Evaluated for Impairment	11,060	8,994
Loans, Collectively Evaluated for Impairment	2,847,078	2,539,649
Total loans	2,861,456	2,552,016
Unaccreted Credit Component Other Loans	53,191	59,037
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	3,318	3,373
Residential Properties
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	8,417	6,669
Total Allowance for Loan Losses	8,417	6,669
Unaccreted Credit Component Other Loans	120	128
Loans, Individually Evaluated for Impairment	5,992	6,093
Loans, Collectively Evaluated for Impairment	2,077,909	1,774,796
Total loans	2,083,901	1,780,889
Unaccreted Credit Component Other Loans	12,190	12,373
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	3,322	2,983
Total Allowance for Loan Losses	3,322	2,983
Unaccreted Credit Component Other Loans	116	136
Loans, Individually Evaluated for Impairment	2,109	2,148
Loans, Collectively Evaluated for Impairment	477,844	474,634
Total loans	480,129	476,959
Unaccreted Credit Component Other Loans	19,736	24,796
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	176	177
Land and Construction
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	263	233
Total Allowance for Loan Losses	263	233
Unaccreted Credit Component Other Loans	2	2
Loans, Collectively Evaluated for Impairment	25,057	24,100
Total loans	25,057	24,100
Unaccreted Credit Component Other Loans	435	437
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	3,401	5,227
Total Allowance for Loan Losses	3,401	5,227
Unaccreted Credit Component Other Loans	134	147
Loans, Individually Evaluated for Impairment	2,959	753
Loans, Collectively Evaluated for Impairment	237,204	233,992
Total loans	243,305	237,941
Unaccreted Credit Component Other Loans	19,626	20,165
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	3,142	3,196
Consumer Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	297	288
Total Allowance for Loan Losses	297	288
Unaccreted Credit Component Other Loans	18	19
Loans, Collectively Evaluated for Impairment	29,064	32,127
Total loans	29,064	32,127
Unaccreted Credit Component Other Loans	$ 1,204	$ 1,266

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Allowance of purchase impaired loans	0.73%	0.73%
Additional allowance on credit impaired loans	$ 500,000	$ 500,000
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	Mar. 31, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,861,456	$ 2,552,016
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,083,901	1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	480,129	476,959
Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	25,057	24,100
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	243,305	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	29,064	32,127
Pass
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,832,934	2,519,683
Pass | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,076,409	1,773,296
Pass | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	473,724	470,484
Pass | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	25,057	24,100
Pass | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	228,680	219,676
Pass | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	29,064	32,127
Special Mention
Accounts Notes And Loans Receivable [Line Items]
Total loans	9,387	7,038
Special Mention | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,500	1,500
Special Mention | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,903	1,913
Special Mention | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,984	3,625
Substandard
Accounts Notes And Loans Receivable [Line Items]
Total loans	8,075	16,301
Substandard | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,393	2,414
Substandard | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,682	13,887
Impaired
Accounts Notes And Loans Receivable [Line Items]
Total loans	11,060	8,994
Impaired | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,992	6,093
Impaired | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,109	2,148
Impaired | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,959	$ 753

Allowance for Loan Losses - Ind

Allowance for Loan Losses - Individual Evaluation of Impaired Loans and Related Allowance (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	$ 11,060	$ 8,994
Recorded Investment, With No Allowance Recorded	11,060	8,994
Residential Properties
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	5,992	6,093
Recorded Investment, With No Allowance Recorded	5,992	6,093
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	2,109	2,148
Recorded Investment, With No Allowance Recorded	2,109	2,148
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	2,959	753
Recorded Investment, With No Allowance Recorded	$ 2,959	$ 753

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	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 11,154	$ 5,899
Interest Income after Impairment	32	51
Residential Properties
Financing Receivable Modifications [Line Items]
Average Recorded Investment	6,041	1,970
Interest Income after Impairment	20	14
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Average Recorded Investment	2,130	2,252
Interest Income after Impairment	11	17
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	2,983	1,673
Interest Income after Impairment	$ 1	20
Consumer Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment		$ 4

Loan Sales And Mortgage Servi45

Loan Sales And Mortgage Servicing Rights - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Loan Sales And Mortgage Servicing Rights [Line Items]
Gain on sale of loans	$ 300	$ 0
Mortgage servicing rights	113
FFB
Loan Sales And Mortgage Servicing Rights [Line Items]
Gain on sale of loans	300
Sale of multifamily loans through securitization	21,000
Mortgage servicing rights recorded	100
Mortgage servicing rights	2,200		$ 2,200
Loans serviced for others	417,300		412,200
Servicing fees earned on loans	$ 200		$ 300

Deposits - Summary of Outstandi

Deposits - Summary of Outstanding Balance of Deposits and Average Rates (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Deposits [Abstract]
Demand deposits, Noninterest-bearing	$ 742,544	$ 661,781
Demand deposits, Interest-bearing	278,879	194,274
Money market and savings	1,004,444	941,344
Certificates of deposits	754,510	629,396
Total	$ 2,780,377	$ 2,426,795
Demand deposits, Noninterest-bearing, Weighted Average Rate		0.00%
Demand deposits, Interest-bearing, Weighted Average Rate	0.60%	0.471%
Money market and savings, Weighted Average Rate	0.768%	0.677%
Certificates of deposits, Weighted Average Rate	0.614%	0.589%
Total, Weighted Average Rate	0.504%	0.453%

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Deposits [Abstract]
Certificates of deposits of $250,000 or more, maturities within one year	$ 202	$ 182.8
Certificates of deposits of $250,000 or more, maturities after one year	9.6	7.1
Certificates of deposits of $250,000 or more, total	211.6	189.9
Certificates of deposit of less than $ 250,000, maturities within one year	516	416.3
Certificates of deposit of less than $ 250,000, maturities after one year	26.9	23.2
Certificates of deposit of less than $250,000, total	$ 542.9	$ 439.5

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Apr. 30, 2017	Jan. 31, 2017
Debt Instrument [Line Items]
Overnight FHLB advances	$ 582	$ 1.3
FHLB advances interest rates				0.56%
FHLB, average balance of overnight borrowings	632.2	$ 507
FFI
Debt Instrument [Line Items]
Long-term line of credit	20
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit	$ 25
Line of credit maturity period	5 years
Revolving Credit Facility | 90 Day LIBOR
Debt Instrument [Line Items]
Debt instrument basis point rate	3.50%
Subsequent Event
Debt Instrument [Line Items]
FHLB advances interest rates			0.80%

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
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income, Basic	$ 6,113	$ 3,787
Basic common shares outstanding	32,805,010	32,006,176
Earnings per share, Basic	$ 0.19	$ 0.12
Net income, Diluted	$ 6,113	$ 3,787
Effect of contingent shares issuable	1,592	1,592
Effect of options and restricted stock	1,154,618	1,161,296
Diluted common shares outstanding	33,961,220	33,169,064
Earnings per share, Diluted	$ 0.18	$ 0.11

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details)	3 Months Ended
	Mar. 31, 2016shares
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from computation of earnings per share	26,500

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - Segment	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
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
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Interest income	$ 30,360	$ 21,698
Interest expense	4,302	2,337
Net interest income	26,058	19,361
Provision for loan losses	69	400
Noninterest income	7,783	6,985
Noninterest expense	24,709	19,417
Income before taxes on income	9,063	6,529
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	30,360	21,698
Interest expense	4,277	2,337
Net interest income	26,083	19,361
Provision for loan losses	69	400
Noninterest income	2,516	1,752
Noninterest expense	18,331	13,344
Income before taxes on income	10,199	7,369
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Noninterest income	5,457	5,376
Noninterest expense	5,190	5,223
Income before taxes on income	267	153
Other
Segment Reporting Information [Line Items]
Interest expense	25
Net interest income	(25)
Noninterest income	(190)	(143)
Noninterest expense	1,188	850
Income before taxes on income	$ (1,403)	$ (993)