First Foundation (FFWM) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 07, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
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	Accelerated Filer
Entity Common Stock, Shares Outstanding		34,463,755

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 128,945	$ 597,946
Securities available-for-sale (“AFS”)	483,615	509,578
Loans held for sale	150,313	250,942
Loans, net of deferred fees	3,090,940	2,555,709
Allowance for loan and lease losses (“ALLL”)	(16,800)	(15,400)
Net loans	3,074,140	2,540,309
Investment in FHLB stock	22,572	33,750
Premises and equipment, net	7,223	6,730
Deferred taxes	15,110	16,811
Real estate owned (“REO”)	1,400	1,734
Goodwill and intangibles	2,068	2,177
Other assets	17,848	15,426
Total Assets	3,903,234	3,975,403
Liabilities:
Deposits	3,107,404	2,426,795
Borrowings	461,035	1,250,000
Accounts payable and other liabilities	17,868	14,344
Total Liabilities	3,586,307	3,691,139
Commitments and contingencies
Shareholders’ Equity
Common Stock, par value $0.01: 70,000,000 shares authorized; 34,153,719 and 32,719,632 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	34	16
Additional paid-in-capital	247,303	232,428
Retained earnings	72,794	57,065
Accumulated other comprehensive loss, net of tax	(3,204)	(5,245)
Total Shareholders’ Equity	316,927	284,264
Total Liabilities and Shareholders’ Equity	$ 3,903,234	$ 3,975,403

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	34,153,719	32,719,632
Common stock, shares outstanding	34,153,719	32,719,632

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income:
Loans	$ 29,982	$ 20,961	$ 56,473	$ 39,131
Securities AFS	3,126	3,100	6,157	6,221
Fed funds sold, FHLB stock and deposits	544	512	1,382	919
Total interest income	33,652	24,573	64,012	46,271
Interest expense:
Deposits	4,012	1,973	7,204	3,768
Borrowings	1,745	679	2,855	1,221
Total interest expense	5,757	2,652	10,059	4,989
Net interest income	27,895	21,921	53,953	41,282
Provision for loan losses	1,092	1,250	1,161	1,650
Net interest income after provision for loan losses	26,803	20,671	52,792	39,632
Noninterest income:
Asset management, consulting and other fees	6,557	5,985	12,772	11,986
Gain on sale of loans	2,050		2,350	0
Loss on capital markets activities		(2,351)		(2,040)
Other income	1,090	1,276	2,358	1,949
Total noninterest income	9,697	4,910	17,480	11,895
Noninterest expense:
Compensation and benefits	13,983	11,924	28,738	24,648
Occupancy and depreciation	3,879	2,896	7,293	5,711
Professional services and marketing costs	207	2,560	3,636	4,283
Other expenses	4,144	2,470	7,255	4,625
Total noninterest expense	22,213	19,850	46,922	39,267
Income before taxes on income	14,287	5,731	23,350	12,260
Taxes on income	4,671	1,821	7,621	4,532
Net income	$ 9,616	$ 3,910	$ 15,729	$ 7,728
Net income per share:
Basic	$ 0.29	$ 0.12	$ 0.47	$ 0.24
Diluted	$ 0.28	$ 0.12	$ 0.46	$ 0.23
Shares used to compute net income per share:
Basic	33,623,671	32,269,738	33,216,602	32,137,958
Diluted	34,564,319	33,349,574	34,264,436	33,259,320

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - Unaudited - 6 months ended Jun. 30, 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	15,729			15,729
Other comprehensive income	2,041				2,041
Stock based compensation	662		662
Exercise of options	3,706		3,706
Exercise of options (in shares)		719,300
Issuance of restricted stock (in shares)		60,209
Capital raise	10,525	$ 1	10,524
Capital raise (in shares)		654,578
Ending balance at Jun. 30, 2017	$ 316,927	$ 34	$ 247,303	$ 72,794	$ (3,204)
Ending balance (in shares) at Jun. 30, 2017		34,153,719

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 9,616	$ 3,910	$ 15,729	$ 7,728
Other comprehensive income:
Unrealized holding gains on securities arising during the period	4,247	3,728	3,469	12,927
Other comprehensive income before tax	4,247	3,728	3,469	12,927
Income tax expense related to items of other comprehensive income	1,748	1,730	1,428	5,532
Other comprehensive income	2,499	1,998	2,041	7,395
Reclassification adjustment for gains included in net earnings		311		311
Income tax expense related to reclassification adjustment		(115)		(99)
Reclassification adjustment for gains included in net earnings, net of tax		196		212
Other comprehensive income, net of tax	2,499	2,194	2,041	7,607
Total comprehensive income	$ 12,115	$ 6,104	$ 17,770	$ 15,335

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows from Operating Activities:
Net income	$ 15,729	$ 7,728
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,161	1,650
Stock–based compensation expense	662	492
Depreciation and amortization	1,163	854
Deferred tax expense	273	(622)
Accretion of discounts on purchased loans, net	(344)	(323)
Gain on sale of loans	(2,350)	0
Loss on sale of capital market activities		(310)
Gain on sale of REO	(104)
Increase in other assets	(1,384)	(1,209)
Increase (decrease) in accounts payable and other liabilities	3,524	(2,831)
Net cash provided by operating activities	18,330	5,429
Cash Flows from Investing Activities:
Net increase in loans (including changes in loans held for sale)	(608,507)	(707,082)
Proceeds from sale of loans	175,758	0
Proceeds from sale of REO	438	3,702
Purchases of premises and equipment	(1,656)	(2,975)
Purchases of securities AFS	(4,055)	(31,038)
Proceeds from sale of securities AFS		39,456
Maturities of securities AFS	33,638	37,130
Purchases (net of redemptions) of FHLB stock	11,178	(3,834)
Net cash used in investing activities	(393,206)	(664,641)
Cash Flows from Financing Activities:
Increase in deposits	680,609	743,420
FHLB Advances – net (decrease) increase	(813,965)	142,000
Proceeds – term note	25,000	0
Proceeds from sale of stock, net	14,231	2,562
Net cash provided (used in) by financing activities	(94,125)	887,982
Increase (decrease) in cash and cash equivalents	(469,001)	228,770
Cash and cash equivalents at beginning of year	597,946	215,748
Cash and cash equivalents at end of period	128,945	444,518
Supplemental disclosures of cash flow information:
Interest	9,432	4,750
Income taxes	5,405	7,150
Noncash transactions:
Transfer of loans to loans held for sale	53,601	468,277
Mortgage servicing rights created from loan sales	(1,080)
Chargeoffs (recoveries) against allowance for loans losses	$ (239)	50
Transfer of loans to REO		$ 740

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 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 February 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ ASU”) “Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets” 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 January 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ ASU”) “Business Combinations (Topic 805): Clarifying the Definition of a Business” 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	6 Months Ended
	Jun. 30, 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) June 30, 2017: Investment securities available for sale: US Treasury securities $ 495 $ 495 $ — $ — Agency mortgage-backed securities 443,872 — 443,872 — Beneficial interest – FHLMC securitizations 39,248 — — 39,248 Total assets at fair value on a recurring basis $ 483,615 $ 495 $ 443,872 $ 39,248 December 31, 2016: Investment securities available for sale: US Treasury securities $ 297 $ 297 $ — $ — Agency mortgage-backed securities 468,909 — 468,909 — Beneficial interest – FHLMC securitizations 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. 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, 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 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, 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 $436 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 $25 million holding company line of credit 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 $3.9 million and $9.0 million at June 30, 2017 and December 31, 2016, respectively. There were no specific reserves related to these loans at June 30, 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 June 30, 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 June 30, 2017: Assets: Cash and cash equivalents $ 128,945 $ 128,945 $ — $ — $ 128,945 Securities AFS 483,615 495 443,872 39,248 483,615 Loans 3,074,140 — — 3,215,452 3,215,452 Loans held for sale 150,313 — — 152,117 152,117 Investment in FHLB stock 22,572 — 22,572 — 22,572 Liabilities: Deposits 3,107,404 2,259,702 847,071 — 3,106,773 Borrowings 461,035 — 436,035 25,000 461,035 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	6 Months Ended
	Jun. 30, 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 June 30, 2017: US Treasury securities $ 498 $ — $ (3 ) $ 495 Agency mortgage-backed securities 448,797 441 (5,366 ) 443,872 Beneficial interests in FHLMC securitization 39,764 1,568 (2,084 ) 39,248 Total $ 489,059 $ 2,009 $ (7,453 ) $ 483,615 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 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, 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 $ 297 $ (3 ) $ — $ — $ 297 $ (3 ) Agency mortgage backed securities 399,981 (5,366 ) — — 399,981 (5,366 ) Beneficial interests in FHLMC securitization 8,212 (1,428 ) 1,820 (656 ) 10,032 (2,084 ) Total temporarily impaired securities $ 408,490 $ (6,797 ) $ 1,820 $ (656 ) $ 410,310 $ (7,453 ) 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, 2017: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ — $ 498 $ — $ — $ 498 Weighted average yield — % 1.03 % — % — % 1.03 % Estimated Fair Value: US Treasury Securities $ — $ 495 $ — $ — $ 495 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 and beneficial interests as of June 30, 2017 was 2.54%.

Loans

Loans	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans	NOTE 4: 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 $ 1,650,519 $ 1,178,003 Single family 618,611 602,886 Total real estate loans secured by residential properties 2,269,130 1,780,889 Commercial properties 508,314 476,959 Land and construction 28,384 24,100 Total real estate loans 2,805,828 2,281,948 Commercial and industrial loans 251,415 237,941 Consumer loans 27,813 32,127 Total loans 3,085,056 2,552,016 Premiums, discounts and deferred fees and expenses 5,884 3,693 Total $ 3,090,940 $ 2,555,709 As of June 30, 2017 and December 31, 2016, the principal balances shown above are net of unaccreted discount related to loans acquired in an acquisition of $1.3 million and $1.6 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, 2017 December 31, Outstanding principal balance: Total real estate loans $ 291 $ 295 Commercial and industrial loans 2,460 4,258 Consumer loans — 17 Total loans 2,751 4,570 Unaccreted discount on purchased credit impaired loans (904 ) (1,197 ) Total $ 1,847 $ 3,373 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, 2017 Year Ended December 31, 2016 Beginning balance $ 289 $ 582 Accretion of income (55 ) (185 ) Reclassifications from nonaccretable difference 66 — Disposals — (108 ) Ending balance $ 300 $ 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 June 30, 2017: Real estate loans: Residential properties $ — $ — $ 499 $ — $ 499 $ 2,268,631 $ 2,269,130 Commercial properties 174 707 2,102 1,078 4,061 504,253 508,314 Land and construction — — — — — 28,384 28,384 Commercial and industrial loans 25 — 2,560 2,815 5,400 246,015 251,415 Consumer loans — — — — — 27,813 27,813 Total $ 199 $ 707 $ 5,161 $ 3,893 $ 9,960 $ 3,075,096 $ 3,085,056 Percentage of total loans 0.01 % 0.02 % 0.17 % 0.13 % 0.32 % 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 from acquisitions. As of June 30, 2017, of the $9.1 million in loans over 90 days past due, including loans on nonaccrual, $3.6 million, or 40% were loans acquired from acquisitions. 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. During the first six months of 2017 the Company did not have additional loans classified as troubled debt restructurings (“TDR”). As of June 30, 2017 and December 31, 2016, the Company had five loans classified as TDR which are included as nonaccrual in the table below. These loans have been paying in accordance with the terms of their restructure. June 30, 2017 December 31, 2016 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Commercial and industrial $ 249 $ 2,565 $ 2,814 $ 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	6 Months Ended
	Jun. 30, 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 following periods: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending Quarter Ended June 30, 2017: Real estate loans: Residential properties $ 8,417 $ 434 $ — $ — $ 8,851 Commercial properties 3,322 (37 ) — — 3,285 Land and construction 263 24 — — 287 Commercial and industrial loans 3,401 684 — 8 4,093 Consumer loans 297 (13 ) — — 284 Total $ 15,700 $ 1,092 $ — $ 8 $ 16,800 Six Months Ended June 30, 2017: Real estate loans: Residential properties $ 6,669 $ 2,182 $ — $ — $ 8,851 Commercial properties 2,983 302 — — 3,285 Land and construction 233 54 — — 287 Commercial and industrial loans 5,227 (1,373 ) — 239 4,093 Consumer loans 288 (4 ) — — 284 Total $ 15,400 $ 1,161 $ — $ 239 $ 16,800 Year Ended December 31, 2016: Real estate loans: Residential properties $ 6,799 $ (130 ) $ — $ — $ 6,669 Commercial properties 1,813 1,051 (50 ) 169 2,983 Land and construction 103 130 — — 233 Commercial and industrial loans 1,649 3,578 — — 5,227 Consumer loans 236 52 — — 288 Total $ 10,600 $ 4,681 $ (50 ) $ 169 $ 15,400 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, 2017: Allowance for loan losses: Real estate loans: Residential properties $ — $ 8,851 $ — $ 8,851 $ 111 Commercial properties — 3,285 — 3,285 107 Land and construction — 287 — 287 2 Commercial and industrial loans — 4,093 — 4,093 125 Consumer loans — 284 — 284 18 Total $ — $ 16,800 $ — $ 16,800 $ 363 Loans: Real estate loans: Residential properties $ — $ 2,269,130 $ — $ 2,269,130 $ 12,073 Commercial properties 1,078 507,062 174 508,314 20,004 Land and construction — 28,384 — 28,384 434 Commercial and industrial loans 2,841 246,901 1,673 251,415 18,290 Consumer loans — 27,813 — 27,813 1,034 Total $ 3,919 $ 3,079,290 $ 1,847 $ 3,085,056 $ 51,835 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 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 0.70% and 0.73% of the stated principal balance of these loans as of June 30, 2017 and December 31, 2016, respectively. In addition to this unaccreted credit component discount, an additional $0.5 million of the ALLL has been provided for these loans as of June 30, 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 June 30, 2017: Real estate loans: Residential properties $ 2,267,630 $ 1,500 $ — $ — $ 2,269,130 Commercial properties 504,583 — 2,653 1,078 508,314 Land and construction 28,384 — — — 28,384 Commercial and industrial loans 238,135 3,625 6,814 2,841 251,415 Consumer loans 27,813 — — — 27,813 Total $ 3,066,545 $ 5,125 $ 9,467 $ 3,919 $ 3,085,056 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 June 30, 2017 : Real estate loans: Commercial properties $ 1,078 $ 1,078 $ — $ — $ — Commercial and industrial loans 2,841 2,841 — — — Total $ 3,919 $ 3,919 $ — $ — $ — 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: 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 $ 3,640 $ 20 $ 1,970 $ 14 Commercial properties 1,606 11 2,252 17 Commercial and industrial loans 2,907 2 1,673 20 Consumer loans — — 4 — Total $ 8,153 $ 33 $ 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	6 Months Ended
	Jun. 30, 2017
Loan Sales And Mortgage Servicing Rights Disclosure [Abstract]
Loan Sales and Mortgage Servicing Rights	NOTE 6: LOAN SALES AND MORTGAGE SERVICING RIGHTS During the first six months of 2017, FFB recognized

Deposits

Deposits	6 Months Ended
	Jun. 30, 2017
Deposits [Abstract]
Deposits	NOTE 7: DEPOSITS The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: June 30, 2017 December 31, 2016 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 924,145 — $ 661,781 — Interest-bearing 232,257 0.639 % 194,274 0.471 % Money market and savings 1,103,300 0.835 % 941,344 0.677 % Certificates of deposits 847,702 0.888 % 629,396 0.589 % Total $ 3,107,404 0.587 % $ 2,426,795 0.453 % At June 30, 2017, of the $235.5 million of certificates of deposits of $250,000 or more, $199.6 million mature within one year and $35.9 million mature after one year. Of the $612.2 million of certificates of deposit of less than $250,000, $574.0 million mature within one year and $38.2 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	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Borrowings	NOTE 8: BORROWINGS At June 30, 2017, our borrowings consisted of $436 million of overnight FHLB advances at the Bank and $25 million of borrowings under a holding company line of credit. 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 July 2017 and January 2016, respectively, and bore interest rates of 1.09% 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 six months of 2017 was $607.6 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. This line of credit was amended in the second quarter of 2017 to increase the maximum loan amount to $50 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. As of June 30, 2017, the balance was $25.0 million at a rate of 4.65%.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 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 periods indicated: Quarter Ended June 30, 2017 Quarter Ended June 30, 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 9,616 $ 9,616 $ 3,910 $ 3,910 Basic common shares outstanding 33,623,671 33,623,671 32,269,738 32,269,738 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 939,056 1,078,244 Diluted common shares outstanding 34,564,319 33,349,574 Earnings per share $ 0.29 $ 0.28 $ 0.12 $ 0.12 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 15,729 $ 15,729 $ 7,728 $ 7,728 Basic common shares outstanding 33,216,602 33,216,602 32,137,958 32,137,958 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 1,046,242 1,119,770 Diluted common shares outstanding 34,264,436 33,259,320 Earnings per share $ 0.47 $ 0.46 $ 0.24 $ 0.23 Based on a weighted average basis, options to purchase 13,350 shares of common stock were excluded for the six months ended June 30, 2016, respectively, because their effect would have been anti-dilutive.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Reporting	NOTE 10: SEGMENT REPORTING For the quarter and six months ended June 30, 2017 and 2016, 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, 2017: Interest income $ 33,652 $ — $ — $ 33,652 Interest expense 5,575 — 182 5,757 Net interest income 28,077 — (182 ) 27,895 Provision for loan losses 1,092 — — 1,092 Noninterest income 4,165 5,745 (213 ) 9,697 Noninterest expense 15,842 5,042 1,329 22,213 Income (loss) before taxes on income $ 15,308 $ 703 $ (1,724 ) $ 14,287 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 Banking Wealth Management Other Total Six months ended June 30, 2017: Interest income $ 64,012 $ — $ — $ 64,012 Interest expense 9,852 — 207 10,059 Net interest income 54,160 — (207 ) 53,953 Provision for loan losses 1,161 — — 1,161 Noninterest income 6,681 11,202 (403 ) 17,480 Noninterest expense 34,173 10,232 2,517 46,922 Income (loss) before taxes on income $ 25,507 $ 970 $ (3,127 ) $ 23,350 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

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 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) June 30, 2017: Investment securities available for sale: US Treasury securities $ 495 $ 495 $ — $ — Agency mortgage-backed securities 443,872 — 443,872 — Beneficial interest – FHLMC securitizations 39,248 — — 39,248 Total assets at fair value on a recurring basis $ 483,615 $ 495 $ 443,872 $ 39,248 December 31, 2016: Investment securities available for sale: US Treasury securities $ 297 $ 297 $ — $ — Agency mortgage-backed securities 468,909 — 468,909 — Beneficial interest – FHLMC securitizations 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 June 30, 2017: Assets: Cash and cash equivalents $ 128,945 $ 128,945 $ — $ — $ 128,945 Securities AFS 483,615 495 443,872 39,248 483,615 Loans 3,074,140 — — 3,215,452 3,215,452 Loans held for sale 150,313 — — 152,117 152,117 Investment in FHLB stock 22,572 — 22,572 — 22,572 Liabilities: Deposits 3,107,404 2,259,702 847,071 — 3,106,773 Borrowings 461,035 — 436,035 25,000 461,035 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)	6 Months Ended
	Jun. 30, 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 June 30, 2017: US Treasury securities $ 498 $ — $ (3 ) $ 495 Agency mortgage-backed securities 448,797 441 (5,366 ) 443,872 Beneficial interests in FHLMC securitization 39,764 1,568 (2,084 ) 39,248 Total $ 489,059 $ 2,009 $ (7,453 ) $ 483,615 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 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, 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 $ 297 $ (3 ) $ — $ — $ 297 $ (3 ) Agency mortgage backed securities 399,981 (5,366 ) — — 399,981 (5,366 ) Beneficial interests in FHLMC securitization 8,212 (1,428 ) 1,820 (656 ) 10,032 (2,084 ) Total temporarily impaired securities $ 408,490 $ (6,797 ) $ 1,820 $ (656 ) $ 410,310 $ (7,453 )
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, 2017: (dollars in thousands) Less than 1 Through 5 Through After 10 Total Amortized Cost: US Treasury securities $ — $ 498 $ — $ — $ 498 Weighted average yield — % 1.03 % — % — % 1.03 % Estimated Fair Value: US Treasury Securities $ — $ 495 $ — $ — $ 495

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2017
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 $ 1,650,519 $ 1,178,003 Single family 618,611 602,886 Total real estate loans secured by residential properties 2,269,130 1,780,889 Commercial properties 508,314 476,959 Land and construction 28,384 24,100 Total real estate loans 2,805,828 2,281,948 Commercial and industrial loans 251,415 237,941 Consumer loans 27,813 32,127 Total loans 3,085,056 2,552,016 Premiums, discounts and deferred fees and expenses 5,884 3,693 Total $ 3,090,940 $ 2,555,709
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, 2017 December 31, Outstanding principal balance: Total real estate loans $ 291 $ 295 Commercial and industrial loans 2,460 4,258 Consumer loans — 17 Total loans 2,751 4,570 Unaccreted discount on purchased credit impaired loans (904 ) (1,197 ) Total $ 1,847 $ 3,373
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, 2017 Year Ended December 31, 2016 Beginning balance $ 289 $ 582 Accretion of income (55 ) (185 ) Reclassifications from nonaccretable difference 66 — Disposals — (108 ) Ending balance $ 300 $ 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 June 30, 2017: Real estate loans: Residential properties $ — $ — $ 499 $ — $ 499 $ 2,268,631 $ 2,269,130 Commercial properties 174 707 2,102 1,078 4,061 504,253 508,314 Land and construction — — — — — 28,384 28,384 Commercial and industrial loans 25 — 2,560 2,815 5,400 246,015 251,415 Consumer loans — — — — — 27,813 27,813 Total $ 199 $ 707 $ 5,161 $ 3,893 $ 9,960 $ 3,075,096 $ 3,085,056 Percentage of total loans 0.01 % 0.02 % 0.17 % 0.13 % 0.32 % 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	June 30, 2017 December 31, 2016 (dollars in thousands) Accrual Nonaccrual Total Accrual Nonaccrual Total Commercial and industrial $ 249 $ 2,565 $ 2,814 $ 317 $ 3,109 $ 3,426

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 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 following periods: (dollars in thousands) Beginning Provision for Charge-offs Recoveries Ending Quarter Ended June 30, 2017: Real estate loans: Residential properties $ 8,417 $ 434 $ — $ — $ 8,851 Commercial properties 3,322 (37 ) — — 3,285 Land and construction 263 24 — — 287 Commercial and industrial loans 3,401 684 — 8 4,093 Consumer loans 297 (13 ) — — 284 Total $ 15,700 $ 1,092 $ — $ 8 $ 16,800 Six Months Ended June 30, 2017: Real estate loans: Residential properties $ 6,669 $ 2,182 $ — $ — $ 8,851 Commercial properties 2,983 302 — — 3,285 Land and construction 233 54 — — 287 Commercial and industrial loans 5,227 (1,373 ) — 239 4,093 Consumer loans 288 (4 ) — — 284 Total $ 15,400 $ 1,161 $ — $ 239 $ 16,800 Year Ended December 31, 2016: Real estate loans: Residential properties $ 6,799 $ (130 ) $ — $ — $ 6,669 Commercial properties 1,813 1,051 (50 ) 169 2,983 Land and construction 103 130 — — 233 Commercial and industrial loans 1,649 3,578 — — 5,227 Consumer loans 236 52 — — 288 Total $ 10,600 $ 4,681 $ (50 ) $ 169 $ 15,400
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, 2017: Allowance for loan losses: Real estate loans: Residential properties $ — $ 8,851 $ — $ 8,851 $ 111 Commercial properties — 3,285 — 3,285 107 Land and construction — 287 — 287 2 Commercial and industrial loans — 4,093 — 4,093 125 Consumer loans — 284 — 284 18 Total $ — $ 16,800 $ — $ 16,800 $ 363 Loans: Real estate loans: Residential properties $ — $ 2,269,130 $ — $ 2,269,130 $ 12,073 Commercial properties 1,078 507,062 174 508,314 20,004 Land and construction — 28,384 — 28,384 434 Commercial and industrial loans 2,841 246,901 1,673 251,415 18,290 Consumer loans — 27,813 — 27,813 1,034 Total $ 3,919 $ 3,079,290 $ 1,847 $ 3,085,056 $ 51,835 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 June 30, 2017: Real estate loans: Residential properties $ 2,267,630 $ 1,500 $ — $ — $ 2,269,130 Commercial properties 504,583 — 2,653 1,078 508,314 Land and construction 28,384 — — — 28,384 Commercial and industrial loans 238,135 3,625 6,814 2,841 251,415 Consumer loans 27,813 — — — 27,813 Total $ 3,066,545 $ 5,125 $ 9,467 $ 3,919 $ 3,085,056 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 June 30, 2017 : Real estate loans: Commercial properties $ 1,078 $ 1,078 $ — $ — $ — Commercial and industrial loans 2,841 2,841 — — — Total $ 3,919 $ 3,919 $ — $ — $ — 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: 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 $ 3,640 $ 20 $ 1,970 $ 14 Commercial properties 1,606 11 2,252 17 Commercial and industrial loans 2,907 2 1,673 20 Consumer loans — — 4 — Total $ 8,153 $ 33 $ 5,899 $ 51

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 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: June 30, 2017 December 31, 2016 (dollars in thousands) Amount Weighted Amount Weighted Demand deposits: Noninterest-bearing $ 924,145 — $ 661,781 — Interest-bearing 232,257 0.639 % 194,274 0.471 % Money market and savings 1,103,300 0.835 % 941,344 0.677 % Certificates of deposits 847,702 0.888 % 629,396 0.589 % Total $ 3,107,404 0.587 % $ 2,426,795 0.453 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 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 periods indicated: Quarter Ended June 30, 2017 Quarter Ended June 30, 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 9,616 $ 9,616 $ 3,910 $ 3,910 Basic common shares outstanding 33,623,671 33,623,671 32,269,738 32,269,738 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 939,056 1,078,244 Diluted common shares outstanding 34,564,319 33,349,574 Earnings per share $ 0.29 $ 0.28 $ 0.12 $ 0.12 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 (dollars in thousands, except per share amounts) Basic Diluted Basic Diluted Net income $ 15,729 $ 15,729 $ 7,728 $ 7,728 Basic common shares outstanding 33,216,602 33,216,602 32,137,958 32,137,958 Effect of contingent shares issuable 1,592 1,592 Effect of options and restricted stock 1,046,242 1,119,770 Diluted common shares outstanding 34,264,436 33,259,320 Earnings per share $ 0.47 $ 0.46 $ 0.24 $ 0.23

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017: Interest income $ 33,652 $ — $ — $ 33,652 Interest expense 5,575 — 182 5,757 Net interest income 28,077 — (182 ) 27,895 Provision for loan losses 1,092 — — 1,092 Noninterest income 4,165 5,745 (213 ) 9,697 Noninterest expense 15,842 5,042 1,329 22,213 Income (loss) before taxes on income $ 15,308 $ 703 $ (1,724 ) $ 14,287 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 Banking Wealth Management Other Total Six months ended June 30, 2017: Interest income $ 64,012 $ — $ — $ 64,012 Interest expense 9,852 — 207 10,059 Net interest income 54,160 — (207 ) 53,953 Provision for loan losses 1,161 — — 1,161 Noninterest income 6,681 11,202 (403 ) 17,480 Noninterest expense 34,173 10,232 2,517 46,922 Income (loss) before taxes on income $ 25,507 $ 970 $ (3,127 ) $ 23,350 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

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	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 483,615	$ 509,578
U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	495	297
Agency Mortgage-backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	443,872	468,909
Beneficial interest - FHLMC securitizations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	39,248	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	483,615	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	495	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	443,872	468,909
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	39,248	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	495	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	495	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	495	297
Fair Value Measurement Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	443,872	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	443,872	468,909
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	443,872	468,909
Fair Value Measurement Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available for sale	39,248	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	39,248	40,372
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	$ 39,248	$ 40,372

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Borrowings	$ 461,035,000	$ 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	$ 25,000,000	0
Total collateral dependent impaired loans	3,900,000	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	$ 436,035,000	$ 1,250,000,000

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 128,945	$ 597,946	$ 444,518	$ 215,748
Securities available-for-sale (“AFS”)	483,615	509,578
Loans, net	3,074,140	2,540,309
Loans held for sale	150,313	250,942
Investment in FHLB stock	22,572	33,750
Liabilities:
Deposits	3,107,404	2,426,795
Borrowings	461,035	1,250,000
Assets Fair Value:
Cash and cash equivalents	128,945	597,946
Securities available-for-sale (“AFS”)	483,615	509,578
Loans, net	3,215,452	2,529,360
Loans held for sale	152,117	253,953
Investment in FHLB stock	22,572	33,750
Liabilities Fair Value:
Deposits	3,106,773	2,426,923
Borrowings	461,035	1,250,000
Fair Value Measurement Level 1
ASSETS
Securities available-for-sale (“AFS”)	495	297
Investment in FHLB stock	0	0
Assets Fair Value:
Cash and cash equivalents	128,945	597,946
Securities available-for-sale (“AFS”)	495	297
Loans, net	0	0
Loans held for sale	0	0
Investment in FHLB stock	0	0
Liabilities Fair Value:
Deposits	2,259,702	1,797,329
Borrowings	0	0
Fair Value Measurement Level 2
ASSETS
Securities available-for-sale (“AFS”)	443,872	468,909
Investment in FHLB stock	22,572	33,750
Assets Fair Value:
Cash and cash equivalents	0	0
Securities available-for-sale (“AFS”)	443,872	468,909
Loans, net	0	0
Loans held for sale	0	0
Investment in FHLB stock	22,572	33,750
Liabilities Fair Value:
Deposits	847,071	629,594
Borrowings	436,035	1,250,000
Fair Value Measurement Level 3
ASSETS
Securities available-for-sale (“AFS”)	39,248	40,372
Investment in FHLB stock	0	0
Assets Fair Value:
Cash and cash equivalents	0	0
Securities available-for-sale (“AFS”)	39,248	40,372
Loans, net	3,215,452	2,529,360
Loans held for sale	152,117	253,953
Investment in FHLB stock	0	0
Liabilities Fair Value:
Deposits	0	0
Borrowings	$ 25,000	$ 0

Securities - Summary of AFS Sec

Securities - Summary of AFS Securities Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 489,059	$ 518,491
Gross Unrealized gains	2,009	871
Gross Unrealized losses	(7,453)	(9,784)
Estimated Fair Value	483,615	509,578
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	498	300
Gross Unrealized losses	(3)	(3)
Estimated Fair Value	495	297
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	448,797	476,163
Gross Unrealized gains	441	160
Gross Unrealized losses	(5,366)	(7,414)
Estimated Fair Value	443,872	468,909
Beneficial interests in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	39,764	42,028
Gross Unrealized gains	1,568	711
Gross Unrealized losses	(2,084)	(2,367)
Estimated Fair Value	$ 39,248	$ 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	Jun. 30, 2017USD ($)
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 408,490
Less than 12 months, Unrealized Loss	(6,797)
12 months or more, Fair Value	1,820
12 months or more, Unrealized Loss	(656)
Total, Fair Value	410,310
Total, Unrealized Loss	(7,453)
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	297
Less than 12 months, Unrealized Loss	(3)
Total, Fair Value	297
Total, Unrealized Loss	(3)
Agency Mortgage-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	399,981
Less than 12 months, Unrealized Loss	(5,366)
Total, Fair Value	399,981
Total, Unrealized Loss	(5,366)
Beneficial interests in FHLMC securitization
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	8,212
Less than 12 months, Unrealized Loss	(1,428)
12 months or more, Fair Value	1,820
12 months or more, Unrealized Loss	(656)
Total, Fair Value	10,032
Total, Unrealized Loss	$ (2,084)

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, 2017USD ($)
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, one through five years	1.03%
Weighted average yield, total	1.03%
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, one through five years	$ 498
Amortized cost, total	498
Estimated fair value, one through five years	495
Estimated fair value, total	$ 495

Securities - Additional Informa

Securities - Additional Information (Details)	Jun. 30, 2017
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield, total	1.03%
Agency Mortgage-backed Securities
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	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 3,085,056	$ 2,552,016
Premiums, discounts and deferred fees and expenses	5,884	3,693
Loans, net of deferred fees	3,090,940	2,555,709
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,269,130	1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	508,314	476,959
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	251,415	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	27,813	32,127
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,805,828	2,281,948
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,269,130	1,780,889
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	508,314	476,959
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	28,384	24,100
Multifamily | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,650,519	1,178,003
Single Family | Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 618,611	$ 602,886

Loans - Additional Information

Loans - Additional Information (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)Loan	Dec. 31, 2016USD ($)Loan
Financing Receivable Recorded Investment [Line Items]
Loans acquired	$ 1,300	$ 1,600
90 Days or More Past Due and Still Accruing	5,161	5,928
Nonaccrual Past Due and Still Accruing	$ 3,893	$ 8,238
Percentage of Total Loans Due 90 Days or More	0.17%	0.23%
Number of additional loans classified as troubled debt restructuring | Loan	0
Number of loans classified as troubled debt restructurings | Loan	5	5
DCB
Financing Receivable Recorded Investment [Line Items]
90 Days or More Past Due and Still Accruing	$ 9,100
Nonaccrual Past Due and Still Accruing	$ 3,600
Percentage of Total Loans Due 90 Days or More	40.00%

Loans - Carrying Amount of Purc

Loans - Carrying Amount of Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	$ 2,751	$ 4,570
Unaccreted discount on purchased credit impaired loans	(904)	(1,197)
Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	1,847	3,373
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total impaired loans	2,460	4,258
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts Notes And Loans Receivable [Line Items]
Total	1,673	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	$ 291	$ 295

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, 2017	Dec. 31, 2016
Receivables [Abstract]
Beginning balance	$ 289	$ 582
Accretion of income	(55)	(185)
Reclassifications from nonaccretable difference	66
Disposals		(108)
Ending balance	$ 300	$ 289

Loans - Summary of Delinquent a

Loans - Summary of Delinquent and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 9,960	$ 14,168
90 Days or More Past Due and Still Accruing	5,161	5,928
Nonaccrual Past Due and Still Accruing	3,893	8,238
Current	3,075,096	2,537,848
Total loans	$ 3,085,056	$ 2,552,016
Percentage of Total Loans Due 30-59 Days	0.01%
Percentage of Total Loans Due 60-89 Days	0.02%	0.00%
Percentage of Total Loans Due 90 Days or More	0.17%	0.23%
Percentage of Total Loans Due Nonaccrual	0.13%	0.32%
Percentage of Total Loans	0.32%	0.56%
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,269,130	$ 1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	508,314	476,959
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	5,400	7,161
90 Days or More Past Due and Still Accruing	2,560	3,800
Nonaccrual Past Due and Still Accruing	2,815	3,359
Current	246,015	230,780
Total loans	251,415	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Current	27,813	32,127
Total loans	27,813	32,127
30-59 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	199
30-59 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	25
60-89 Days
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	707	2
60-89 Days | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual		2
Real Estate Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,805,828	2,281,948
Real Estate Loans | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	499	3,759
90 Days or More Past Due and Still Accruing	499
Nonaccrual Past Due and Still Accruing		3,759
Current	2,268,631	1,777,130
Total loans	2,269,130	1,780,889
Real Estate Loans | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	4,061	3,248
90 Days or More Past Due and Still Accruing	2,102	2,128
Nonaccrual Past Due and Still Accruing	1,078	1,120
Current	504,253	473,711
Total loans	508,314	476,959
Real Estate Loans | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Current	28,384	24,100
Total loans	28,384	$ 24,100
Real Estate Loans | 30-59 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	174
Real Estate Loans | 60-89 Days | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total Past Due and Nonaccrual	$ 707

Loans - Composition of TDRs by

Loans - Composition of TDRs by Accrual and Nonaccrual Status (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	$ 3,893	$ 8,238
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Nonaccrual	2,815	3,359
Principal Reduction and Extended Maturity | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Troubled Debt Restructurings, Accrual	249	317
Troubled Debt Restructurings, Nonaccrual	2,565	3,109
Troubled Debt Restructurings, Total	$ 2,814	$ 3,426

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, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	$ 15,700		$ 15,400	$ 10,600	$ 10,600
Provision for loan losses	1,092	$ 1,250	1,161	1,650	4,681
Charge-offs					(50)
Recoveries	8		239		169
Ending Balance	16,800		16,800		15,400
Residential Properties
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	8,417		6,669	6,799	6,799
Provision for loan losses	434		2,182		(130)
Ending Balance	8,851		8,851		6,669
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	3,322		2,983	1,813	1,813
Provision for loan losses	(37)		302		1,051
Charge-offs					(50)
Recoveries					169
Ending Balance	3,285		3,285		2,983
Land and Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	263		233	103	103
Provision for loan losses	24		54		130
Ending Balance	287		287		233
Commercial and Industrial Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	3,401		5,227	1,649	1,649
Provision for loan losses	684		(1,373)		3,578
Recoveries	8		239
Ending Balance	4,093		4,093		5,227
Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning Balance	297		288	$ 236	236
Provision for loan losses	(13)		(4)		52
Ending Balance	$ 284		$ 284		$ 288

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, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	$ 16,800	$ 15,400
Total Allowance for Loan Losses	16,800	15,400
Unaccreted Credit Component Other Loans	363	432
Loans, Individually Evaluated for Impairment	3,919	8,994
Loans, Collectively Evaluated for Impairment	3,079,290	2,539,649
Total loans	3,085,056	2,552,016
Unaccreted Credit Component Other Loans	51,835	59,037
Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	1,847	3,373
Residential Properties
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	8,851	6,669
Total Allowance for Loan Losses	8,851	6,669
Unaccreted Credit Component Other Loans	111	128
Loans, Individually Evaluated for Impairment		6,093
Loans, Collectively Evaluated for Impairment	2,269,130	1,774,796
Total loans	2,269,130	1,780,889
Unaccreted Credit Component Other Loans	12,073	12,373
Commercial Real Estate
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	3,285	2,983
Total Allowance for Loan Losses	3,285	2,983
Unaccreted Credit Component Other Loans	107	136
Loans, Individually Evaluated for Impairment	1,078	2,148
Loans, Collectively Evaluated for Impairment	507,062	474,634
Total loans	508,314	476,959
Unaccreted Credit Component Other Loans	20,004	24,796
Commercial Real Estate | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	174	177
Land and Construction
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	287	233
Total Allowance for Loan Losses	287	233
Unaccreted Credit Component Other Loans	2	2
Loans, Collectively Evaluated for Impairment	28,384	24,100
Total loans	28,384	24,100
Unaccreted Credit Component Other Loans	434	437
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	4,093	5,227
Total Allowance for Loan Losses	4,093	5,227
Unaccreted Credit Component Other Loans	125	147
Loans, Individually Evaluated for Impairment	2,841	753
Loans, Collectively Evaluated for Impairment	246,901	233,992
Total loans	251,415	237,941
Unaccreted Credit Component Other Loans	18,290	20,165
Commercial and Industrial Loans | Receivables Acquired with Deteriorated Credit Quality
Financing Receivable Impaired [Line Items]
Loans, Purchased Impaired	1,673	3,196
Consumer Loans
Financing Receivable Impaired [Line Items]
Allowance for Loan Losses, Collectively Evaluated for Impairment	284	288
Total Allowance for Loan Losses	284	288
Unaccreted Credit Component Other Loans	18	19
Loans, Collectively Evaluated for Impairment	27,813	32,127
Total loans	27,813	32,127
Unaccreted Credit Component Other Loans	$ 1,034	$ 1,266

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Receivables [Abstract]
Allowance of purchase impaired loans	0.70%	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	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 3,085,056	$ 2,552,016
Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,269,130	1,780,889
Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	508,314	476,959
Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	28,384	24,100
Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	251,415	237,941
Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	27,813	32,127
Pass
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,066,545	2,519,683
Pass | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,267,630	1,773,296
Pass | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	504,583	470,484
Pass | Land and Construction
Accounts Notes And Loans Receivable [Line Items]
Total loans	28,384	24,100
Pass | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	238,135	219,676
Pass | Consumer Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	27,813	32,127
Special Mention
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,125	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		1,913
Special Mention | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,625	3,625
Substandard
Accounts Notes And Loans Receivable [Line Items]
Total loans	9,467	16,301
Substandard | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,653	2,414
Substandard | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	6,814	13,887
Impaired
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,919	8,994
Impaired | Residential Properties
Accounts Notes And Loans Receivable [Line Items]
Total loans		6,093
Impaired | Commercial Real Estate
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,078	2,148
Impaired | Commercial and Industrial Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,841	$ 753

Allowance for Loan Losses - Ind

Allowance for Loan Losses - Individual Evaluation of Impaired Loans and Related Allowance (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	$ 3,919	$ 8,994
Recorded Investment, With No Allowance Recorded	3,919	8,994
Residential Properties
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded		6,093
Recorded Investment, With No Allowance Recorded		6,093
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	1,078	2,148
Recorded Investment, With No Allowance Recorded	1,078	2,148
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Unpaid Principal Balance, With No Allowance Recorded	2,841	753
Recorded Investment, With No Allowance Recorded	$ 2,841	$ 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	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Modifications [Line Items]
Average Recorded Investment	$ 8,153	$ 5,899
Interest Income after Impairment	33	51
Residential Properties
Financing Receivable Modifications [Line Items]
Average Recorded Investment	3,640	1,970
Interest Income after Impairment	20	14
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Average Recorded Investment	1,606	2,252
Interest Income after Impairment	11	17
Commercial and Industrial Loans
Financing Receivable Modifications [Line Items]
Average Recorded Investment	2,907	1,673
Interest Income after Impairment	$ 2	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	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Loan Sales And Mortgage Servicing Rights [Line Items]
Gain on sale of loans	$ 2,050	$ 2,350	$ 0
Mortgage servicing rights		(1,080)
FFB
Loan Sales And Mortgage Servicing Rights [Line Items]
Gain on sale of loans		2,400
Sale of multifamily loans through securitization		174,000
Mortgage servicing rights recorded		1,100
Mortgage servicing rights		3,000		$ 2,200
Loans serviced for others		516,000		379,000
Servicing fees earned on loans		$ 500		$ 300

Deposits - Summary of Outstandi

Deposits - Summary of Outstanding Balance of Deposits and Average Rates (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Deposits [Abstract]
Demand deposits, Noninterest-bearing	$ 924,145	$ 661,781
Demand deposits, Interest-bearing	232,257	194,274
Money market and savings	1,103,300	941,344
Certificates of deposits	847,702	629,396
Total	$ 3,107,404	$ 2,426,795
Demand deposits, Interest-bearing, Weighted Average Rate	0.639%	0.471%
Money market and savings, Weighted Average Rate	0.835%	0.677%
Certificates of deposits, Weighted Average Rate	0.888%	0.589%
Total, Weighted Average Rate	0.587%	0.453%

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Deposits [Abstract]
Certificates of deposits of $250,000 or more, maturities within one year	$ 199.6	$ 182.8
Certificates of deposits of $250,000 or more, maturities after one year	35.9	7.1
Certificates of deposits of $250,000 or more, total	235.5	189.9
Certificates of deposit of less than $ 250,000, maturities within one year	574	416.3
Certificates of deposit of less than $ 250,000, maturities after one year	38.2	23.2
Certificates of deposit of less than $250,000, total	$ 612.2	$ 439.5

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jul. 31, 2017	Mar. 31, 2017	Jan. 31, 2016
Debt Instrument [Line Items]
Overnight FHLB advances	$ 436	$ 1,300
Long-term line of credit	25
FHLB advances interest rates					0.56%
FHLB, average balance of overnight borrowings	$ 607.6	$ 507
Line of credit facility, Interest rate	4.65%
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit	$ 50			$ 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%
FFI
Debt Instrument [Line Items]
Long-term line of credit	$ 25
Subsequent Event
Debt Instrument [Line Items]
FHLB advances interest rates			1.09%

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, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income, Basic	$ 9,616	$ 3,910	$ 15,729	$ 7,728
Basic common shares outstanding	33,623,671	32,269,738	33,216,602	32,137,958
Earnings per share, Basic	$ 0.29	$ 0.12	$ 0.47	$ 0.24
Net income, Diluted	$ 9,616	$ 3,910	$ 15,729	$ 7,728
Effect of contingent shares issuable	1,592	1,592	1,592	1,592
Effect of options and restricted stock	939,056	1,078,244	1,046,242	1,119,770
Diluted common shares outstanding	34,564,319	33,349,574	34,264,436	33,259,320
Earnings per share, Diluted	$ 0.28	$ 0.12	$ 0.46	$ 0.23

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details)	6 Months Ended
	Jun. 30, 2016shares
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from computation of earnings per share	13,350

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - Segment	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting [Abstract]
Reportable business segments	2	2	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, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Interest income	$ 33,652	$ 24,573	$ 64,012	$ 46,271
Interest expense	5,757	2,652	10,059	4,989
Net interest income	27,895	21,921	53,953	41,282
Provision for loan losses	1,092	1,250	1,161	1,650	$ 4,681
Noninterest income	9,697	4,910	17,480	11,895
Noninterest expense	22,213	19,850	46,922	39,267
Income before taxes on income	14,287	5,731	23,350	12,260
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	33,652	24,573	64,012	46,271
Interest expense	5,575	2,652	9,852	4,989
Net interest income	28,077	21,921	54,160	41,282
Provision for loan losses	1,092	1,250	1,161	1,650
Noninterest income	4,165	(170)	6,681	1,582
Noninterest expense	15,842	14,268	34,173	27,612
Income before taxes on income	15,308	6,233	25,507	13,602
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Noninterest income	5,745	5,222	11,202	10,598
Noninterest expense	5,042	4,616	10,232	9,839
Income before taxes on income	703	606	970	759
Other
Segment Reporting Information [Line Items]
Interest expense	182		207
Net interest income	(182)		(207)
Noninterest income	(213)	(142)	(403)	(285)
Noninterest expense	1,329	966	2,517	1,816
Income before taxes on income	$ (1,724)	$ (1,108)	$ (3,127)	$ (2,101)