LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2013

Receivables [Abstract]

Schedule of loans by type

The following table summarizes the Company's loans by type.

	September 30, 2013			December 31, 2012
Commercial:
Commercial real estate	$	650,722		$	392,955
Commercial and industrial	237,648			98,701
Construction and development	147,214			72,566
Consumer:
Residential real estate	188,032			125,277
Construction and development	28,306			6,203
Home equity	93,342			63,486
Other consumer	8,900			4,325
Gross loans	1,354,164			763,513
Less:
Deferred loan fees	(804		)	(97		)
Allowance for loan losses	(7,034		)	(3,998		)
Net loans	$	1,346,326		$	759,418

Schedule of contractually required payments

The following table relates to PCI loans acquired in the ECB merger and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the ECB merger date.

	April 1, 2013
Contractually required payments	$	61,801
Nonaccretable difference	(11,433		)
Cash flows expected to be collected at acquisition	50,368
Accretable yield	(4,242		)
Fair value of PCI loans at acquisition	$	46,126

Schedule of changes in accretable yield or income expected to be collected

The following table summarizes changes in accretable yield, or income expected to be collected, related to all of the Company's PCI loans for the periods presented.

	Successor Company						Successor Company						Predecessor Company
	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012			Nine Months Ended September 30, 2013			Period from February 1 to September 30, 2012			Period from January 1 to January 31, 2012
Balance, beginning of period	$	26,088		$	28,088		$	27,632		$	28,144		$	29,645
Loans purchased	—			—			4,242			—			—
Accretion of income	(3,131		)	(3,736		)	(10,467		)	(10,228		)	(1,389		)
Reclassifications from nonaccretable difference	3,858			3,775			6,504			10,771			—
Other, net	(773		)	(1,590		)	(1,869		)	(2,150		)	(112		)
Balance, end of period	$	26,042		$	26,537		$	26,042		$	26,537		$	28,144

Schedule of activity in allowance for loan losses

The following table relates to purchased non-impaired loans acquired in the ECB merger and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the ECB merger date.

	April 1, 2013
Contractually required payments	$	499,963
Fair value of acquired loans at acquisition	$	406,928
Contractual cash flows not expected to be collected	$	10,098

Schedule of purchased non-impaired loans

The following tables summarize the activity in the allowance for loan losses for the periods presented.

	Successor Company
	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Residential Real Estate			Consumer Construction			Home Equity			Other Consumer			Total
Three months ended September 30, 2013:
Beginning balance	$	3,069		$	1,355		$	999		$	852		$	34		$	86		$	30		$	6,425
Charge-offs	—			(64		)	(361		)	(85		)	—			(131		)	(28		)	(669		)
Recoveries	4			7			(38		)	17			—			4			4			(2		)
Provision for loan losses	(98		)	231			559			418			9			130			31			1,280
Ending balance	$	2,975		$	1,529		$	1,159		$	1,202		$	43		$	89		$	37		$	7,034
Nine months ended September 30, 2013:
Beginning balance	$	1,524		$	798		$	597		$	940		$	18		$	85		$	36		$	3,998
Charge-offs	(14		)	(141		)	(478		)	(509		)	—			(433		)	(246		)	(1,821		)
Recoveries	22			15			9			79			—			9			11			145
Provision for loan losses	1,443			857			1,031			692			25			428			236			4,712
Ending balance	$	2,975		$	1,529		$	1,159		$	1,202		$	43		$	89		$	37		$	7,034
Three months ended September 30, 2012:
Beginning balance	$	921		$	585		$	376		$	756		$	28		$	356		$	21		$	3,043
Charge-offs	—			(131		)	(84		)	(154		)	—			(692		)	(114		)	(1,175		)
Recoveries	—			12			102			78			2			—			7			201
Provision for loan losses	109			98			54			6			(2		)	692			120			1,077
Ending balance	$	1,030		$	564		$	448		$	686		$	28		$	356		$	34		$	3,146
2012 Successor Period:
Beginning balance	$	505		$	218		$	305		$	155		$	28		$	51		$	15		$	1,277
Charge-offs	—			(249		)	(389		)	(226		)	(11		)	(1,411		)	(138		)	(2,424		)
Recoveries	—			18			117			153			7			—			7			302
Provision for loan losses	525			577			415			604			4			1,716			150			3,991
Ending balance	$	1,030		$	564		$	448		$	686		$	28		$	356		$	34		$	3,146

	Predecessor Company
	Commercial Real Estate		Residential Real Estate		Construction			Commercial		Consumer		Total
2012 Predecessor Period:
Beginning balance	$	663	$	601	$	534		$	324	$	9	$	2,131
Charge-offs	—		—		(1		)	—		—		(1		)
Recoveries	—		—		—			2		—		2
Provision for loan losses	48		26		98			21		2		195
Ending balance	$	711	$	627	$	631		$	347	$	11	$	2,327

The following tables summarize the ending allowance for loans losses and the recorded investment in loans by portfolio segment and impairment method.

	September 30, 2013
	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Residential Real Estate		Consumer Construction		Home Equity		Other Consumer		Total
Allowance for loan losses:
Ending balance:
Individually evaluated for impairment	$	—	$	2	$	—	$	—	$	—	$	—	$	—	$	2
Collectively evaluated for impairment	1,728		1,527		687		490		43		89		25		4,589
Purchased credit-impaired	1,247		—		472		712		—		—		12		2,443
Total	$	2,975	$	1,529	$	1,159	$	1,202	$	43	$	89	$	37	$	7,034
Loans:
Ending balance:
Individually evaluated for impairment	$	3,424	$	358	$	1,312	$	744	$	—	$	449	$	—	$	6,287
Collectively evaluated for impairment	533,783		225,436		110,114		161,072		26,174		91,514		8,472		1,156,565
Purchased credit-impaired	113,515		11,854		35,788		26,216		2,132		1,379		428		191,312
Total	$	650,722	$	237,648	$	147,214	$	188,032	$	28,306	$	93,342	$	8,900	$	1,354,164

	December 31, 2012
	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Residential Real Estate		Consumer Construction		Home Equity		Other Consumer		Total
Allowance for loan losses:
Ending balance:
Individually evaluated for impairment	$	14	$	—	$	8	$	9	$	—	$	14	$	1	$	46
Collectively evaluated for impairment	1,067		798		322		379		18		71		19		2,674
Purchased credit-impaired	443		—		267		552		—		—		16		1,278
Total	$	1,524	$	798	$	597	$	940	$	18	$	85	$	36	$	3,998
Loans:
Ending balance:
Individually evaluated for impairment	$	1,697	$	—	$	415	$	1,452	$	—	$	1,342	$	224	$	5,130
Collectively evaluated for impairment	266,001		85,356		31,741		100,794		5,392		62,101		3,891		555,276
Purchased credit-impaired	125,257		13,345		40,410		23,031		811		43		210		203,107
Total	$	392,955	$	98,701	$	72,566	$	125,277	$	6,203	$	63,486	$	4,325	$	763,513

Schedule risk category of loans by class of loans

The following tables summarize the risk category of loans by class of loans.

	Pass		Special Mention		Substandard		Doubtful		Total
September 30, 2013
Non-Acquired Loans
Commercial:
Real estate	$	255,136	$	7,850	$	2,254	$	—	$	265,240
Commercial and industrial	139,213		2,221		2,576		—		144,010
Construction and development	75,197		401		254		93		75,945
Consumer:
Residential real estate	72,898		1,613		923		—		75,434
Construction and development	4,812		75		—		—		4,887
Home equity	16,914		52		113		—		17,079
Other consumer	1,856		29		—		—		1,885
Total	$	566,026	$	12,241	$	6,120	$	93	$	584,480
Acquired Loans
Commercial:
Real estate	$	315,539	$	41,012	$	28,931	$	—	$	385,482
Commercial and industrial	86,496		3,909		3,186		47		93,638
Construction and development	40,242		23,264		6,821		942		71,269
Consumer:
Residential real estate	93,166		11,642		7,743		47		112,598
Construction and development	20,846		1,157		1,416		—		23,419
Home equity	70,171		2,908		3,184		—		76,263
Other consumer	6,492		344		179		—		7,015
Total	$	632,952	$	84,236	$	51,460	$	1,036	$	769,684

	Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2012
Non-Acquired Loans
Commercial:
Real estate	$	135,144	$	285	$	514	$	—	$	135,943
Commercial and industrial	70,334		1,223		216		—		71,773
Construction and development	17,673		—		626		—		18,299
Consumer:
Residential real estate	46,608		336		406		—		47,350
Construction and development	1,182		77		—		—		1,259
Home equity	10,676		52		115		—		10,843
Other consumer	1,525		7		—		—		1,532
Total	$	283,142	$	1,980	$	1,877	$	—	$	286,999
Acquired Loans
Commercial:
Real estate	$	200,494	$	41,426	$	15,092	$	—	$	257,012
Commercial and industrial	24,461		1,201		1,266		—		26,928
Construction and development	26,117		20,976		6,791		383		54,267
Consumer:
Residential real estate	63,620		7,240		7,029		38		77,927
Construction and development	3,941		549		454		—		4,944
Home equity	48,579		1,989		2,075		—		52,643
Other consumer	2,422		138		233		—		2,793
Total	$	369,634	$	73,519	$	32,940	$	421	$	476,514

Schedule of past due status of loan portfolio based on contractual terms

The following tables summarize the past due status of the loan portfolio (excluding PCI loans) based on contractual terms.

	30-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Loans
September 30, 2013
Non-Acquired Loans
Commercial:
Real estate	$	345	$	191	$	536	$	264,704	$	265,240
Commercial and industrial	1,164		122		1,286		142,724		144,010
Construction and development	340		—		340		75,605		75,945
Consumer:
Residential real estate	741		539		1,280		74,154		75,434
Construction and development	214		—		214		4,673		4,887
Home equity	—		113		113		16,966		17,079
Other consumer	37		—		37		1,848		1,885
Total	$	2,841	$	965	$	3,806	$	580,674	$	584,480
Acquired Loans
Commercial:
Real estate	$	2,707	$	1,733	$	4,440	$	267,526	$	271,966
Commercial and industrial	718		250		968		80,817		81,785
Construction and development	41		919		960		34,521		35,481
Consumer:
Residential real estate	1,473		692		2,165		84,218		86,383
Construction and development	82		259		341		20,946		21,287
Home equity	1,268		975		2,243		72,640		74,883
Other consumer	68		120		188		6,399		6,587
Total	$	6,357	$	4,948	$	11,305	$	567,067	$	578,372

	30-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Loans
December 31, 2012
Non-Acquired Loans
Commercial:
Real estate	$	1,454	$	208	$	1,662	$	134,281	$	135,943
Commercial and industrial	616		30		646		71,127		71,773
Construction and development	—		74		74		18,225		18,299
Consumer:
Residential real estate	653		406		1,059		46,291		47,350
Construction and development	—		—		—		1,259		1,259
Home equity	—		115		115		10,728		10,843
Other Consumer	90		—		90		1,442		1,532
Total	$	2,813	$	833	$	3,646	$	283,353	$	286,999
Acquired Loans
Commercial:
Real estate	$	744	$	1,249	$	1,993	$	129,762	$	131,755
Commercial and industrial	262		—		262		13,321		13,583
Construction and development	326		156		482		13,375		13,857
Consumer:
Residential real estate	942		669		1,611		53,285		54,896
Construction and development	83		70		153		3,980		4,133
Home equity	1,200		597		1,797		50,803		52,600
Other Consumer	114		223		337		2,246		2,583
Total	$	3,671	$	2,964	$	6,635	$	266,772	$	273,407

Schedule of recorded investment of loans on nonaccrual status and loans greater than 90 days past due

The following table summarizes the recorded investment of loans on nonaccrual status and loans greater than 90 days past due and accruing (excluding PCI loans) by class.

	September 30, 2013				December 31, 2012
	Nonaccrual		Loans Greater Than 90 Days Past Due and Accruing		Nonaccrual		Loans Greater Than 90 Days Past Due and Accruing
Non-Acquired Loans
Commercial:
Commercial real estate	$	480	$	—	$	514	$	—
Commercial and industrial	1,276		—		44		—
Construction and development	246		—		74		—
Consumer:
Residential real estate	664		—		510		—
Home equity	113		—		115		—
Other consumer	—		—		—		—
Total	$	2,779	$	—	$	1,257	$	—
Acquired Loans
Commercial:
Commercial real estate	$	3,393	$	—	$	1,249	$	—
Commercial and industrial	1,160		—		20		—
Construction and development	1,295		—		409		—
Consumer:
Residential real estate	1,733		—		1,332		—
Construction and development	320		—		70		—
Home equity	1,942		—		1,435		—
Other consumer	123		—		223		—
Total	$	9,966	$	—	$	4,738	$	—

Schedule of impairment loans

The following table provides information on impaired loans, which excludes PCI loans and loans evaluated collectively as a homogeneous group.

	Recorded Investment With a Recorded Allowance		Recorded Investment With no Recorded Allowance		Total		Related Allowance		Unpaid Principal Balance
September 30, 2013
Non-Acquired Loans
Commercial:
Commercial real estate	$	—	$	480	$	480	$	—	$	519
Commercial and industrial	20		—		20		2		21
Construction and development	—		246		246		—		255
Consumer:
Residential real estate	—		478		478		—		553
Other consumer	—		—		—		—		—
Total	20		1,204		1,224		2		1,348
Acquired Loans
Commercial:
Commercial real estate	—		2,944		2,944		—		3,001
Commercial and industrial	—		338		338		—		338
Construction and development	—		1,066		1,066		—		1,216
Consumer:
Residential real estate	—		266		266		—		293
Home equity	—		449		449		—		487
Other consumer	—		—		—		—		—
Total	—		5,063		5,063		—		5,335
Total impaired loans	$	20	$	6,267	$	6,287	$	2	$	6,683
December 31, 2012
Non-Acquired Loans
Commercial:
Commercial real estate	$	208	$	306	$	514	$	14	$	519
Construction and development	40		—		40		8		70
Consumer:
Residential real estate	406		—		406		6		449
Home equity	115		—		115		14		115
Other consumer	—		—		—		—		—
Total	769		306		1,075		42		1,153
Acquired Loans
Commercial:
Commercial real estate	—		1,183		1,183		—		1,183
Construction and development	—		375		375		—		558
Consumer:
Residential real estate	350		696		1,046		3		1,156
Home equity	38		1,189		1,227		—		2,057
Other consumer	224		—		224		1		224
Total	612		3,443		4,055		4		5,178
Total impaired loans	$	1,381	$	3,749	$	5,130	$	46	$	6,331