ORGANIZATION AND OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Business Acquisitions

In 2010 and 2011, Piedmont acquired controlling interests in three financial institutions which are summarized below.

Acquired Institution	Acquisition Date	Percentage of Institution Initially Acquired		Purchase Price		Total Assets Acquired		Total Deposits Acquired
VantageSouth Bank	February 19, 2010	62	%	$	7,694	$	99,189	$	76,031
Community Bank of Rowan	April 19, 2011	100	%	9,500		139,353		125,741
Crescent Financial Bancshares, Inc.	November 18, 2011	88	%	75,000		995,156		678,289

In 2013, the combined Company acquired another financial institution which is summarized below.

Acquired Institution	Acquisition Date	Percentage of Institution Initially Acquired		Purchase Price		Total Assets Acquired		Total Deposits Acquired
ECB Bancorp, Inc.*	April 1, 2013	100	%	$	40,629	$	856,076	$	736,114

* See further discussion of this transaction in Note C "Mergers and Acquisitions."