LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Schedule of loans by type

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

	March 31, 2015			December 31, 2014
Commercial:
Commercial real estate	$	1,375,771		$	1,355,536
Commercial and industrial	459,121			468,848
Construction and development	384,210			370,807
Consumer:
Residential real estate	354,362			360,249
Construction and development	30,177			30,061
Home equity	275,090			276,662
Other consumer	35,771			36,874
Gross loans	2,914,502			2,899,037
Less:
Deferred loan fees	(643		)	(771		)
Allowance for loan losses	(8,284		)	(7,817		)
Net loans	$	2,905,575		$	2,890,449

Schedule of contractually required payments

The following table relates to acquired Yadkin PCI loans 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 merger date.

	Yadkin Merger July 4, 2014
Contractually required payments	$	110,365
Nonaccretable difference	(21,102		)
Cash flows expected to be collected at acquisition	89,263
Accretable yield	(8,604		)
Fair value of PCI loans at acquisition	$	80,659

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.

	Three months ended March 31,
	2015			2014
Balance, beginning of period	$	25,181		$	25,349
Accretion of income	(3,628		)	(3,077		)
Reclassifications from nonaccretable difference	1,554			2,150
Other, net	3,257			(1,007		)
Balance, end of period	$	26,364		$	23,415

Schedule of activity in allowance for loan losses

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

	Yadkin Merger July 4, 2014
Contractually required payments	$	1,502,793
Fair value of acquired loans at acquisition	1,292,020
Contractual cash flows not expected to be collected	36,219

Schedule of purchased non-impaired loans

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

	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Residential Real Estate			Consumer Construction			Home Equity			Other Consumer			Total
Three months ended March 31, 2015
Beginning balance	$	2,796		$	1,274		$	1,691		$	1,237		$	194		$	546		$	79		$	7,817
Charge-offs	(99		)	(369		)	(16		)	(10		)	—			(135		)	(136		)	(765		)
Recoveries	5			136			5			24			27			41			33			271
Provision for loan losses	252			295			52			—			(8		)	254			116			961
Ending balance	$	2,954		$	1,336		$	1,732		$	1,251		$	213		$	706		$	92		$	8,284
Three months ended March 31, 2014
Beginning balance	$	2,419		$	805		$	1,400		$	1,673		$	187		$	476		$	83		$	7,043
Charge-offs	(242		)	(241		)	(196		)	(196		)	—			(188		)	(96		)	(1,159		)
Recoveries	4			5			—			11			—			12			7			39
Provision for loan losses	99			213			406			238			27			203			104			1,290
Ending balance	$	2,280		$	782		$	1,610		$	1,726		$	214		$	503		$	98		$	7,213

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

	March 31, 2015
	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	$	52	$	60	$	—	$	—	$	—	$	62	$	—	$	174
Collectively evaluated for impairment	2,369		1,232		1,687		698		213		448		86		6,733
Purchased credit-impaired	533		44		45		553		—		196		6		1,377
Total	$	2,954	$	1,336	$	1,732	$	1,251	$	213	$	706	$	92	$	8,284
Loans:
Ending balance:
Individually evaluated for impairment	$	10,745	$	2,884	$	867	$	1,336	$	—	$	373	$	—	$	16,205
Collectively evaluated for impairment	1,253,631		445,372		350,939		324,258		28,706		270,560		35,214		2,708,680
Purchased credit-impaired	111,395		10,865		32,404		28,768		1,471		4,157		557		189,617
Total	$	1,375,771	$	459,121	$	384,210	$	354,362	$	30,177	$	275,090	$	35,771	$	2,914,502

	December 31, 2014
	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	$	158	$	229	$	—	$	—	$	—	$	3	$	—	$	390
Collectively evaluated for impairment	2,177		952		1,590		681		194		456		79		6,129
Purchased credit-impaired	461		93		101		556		—		87		—		1,298
Total	$	2,796	$	1,274	$	1,691	$	1,237	$	194	$	546	$	79	$	7,817
Loans:
Ending balance:
Individually evaluated for impairment	$	5,398	$	2,343	$	910	$	928	$	—	$	406	$	—	$	9,985
Collectively evaluated for impairment	1,227,597		452,487		337,540		328,693		28,436		271,928		36,244		2,682,925
Purchased credit-impaired	122,541		14,018		32,357		30,628		1,625		4,328		630		206,127
Total	$	1,355,536	$	468,848	$	370,807	$	360,249	$	30,061	$	276,662	$	36,874	$	2,899,037

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
March 31, 2015
Non-PCI Loans
Commercial:
Real estate	$	1,215,732	$	31,010	$	17,634	$	—	$	1,264,376
Commercial and industrial	429,272		12,636		6,280		68		448,256
Construction and development	346,346		3,482		1,978		—		351,806
Consumer:
Residential real estate	311,855		5,425		8,314		—		325,594
Construction and development	27,430		750		526		—		28,706
Home equity	262,952		4,714		3,267		—		270,933
Other consumer	34,666		215		278		55		35,214
Total	$	2,628,253	$	58,232	$	38,277	$	123	$	2,724,885
PCI Loans
Commercial:
Real estate	$	56,538	$	37,397	$	17,460	$	—	$	111,395
Commercial and industrial	7,379		1,703		1,783		—		10,865
Construction and development	11,916		11,241		9,247		—		32,404
Consumer:
Residential real estate	13,149		8,161		7,458		—		28,768
Construction and development	260		539		672		—		1,471
Home equity	172		2,694		1,289		2		4,157
Other consumer	7		457		93		—		557
Total	$	89,421	$	62,192	$	38,002	$	2	$	189,617

	Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2014
Non-PCI Loans
Commercial:
Real estate	$	1,187,938	$	32,142	$	12,915	$	—	$	1,232,995
Commercial and industrial	433,093		15,148		6,510		79		454,830
Construction and development	334,213		2,128		2,109		—		338,450
Consumer:
Residential real estate	316,743		4,527		8,351		—		329,621
Construction and development	27,447		735		254		—		28,436
Home equity	264,953		4,238		3,143		—		272,334
Other consumer	35,736		237		269		2		36,244
Total	$	2,600,123	$	59,155	$	33,551	$	81	$	2,692,910
PCI Loans
Commercial:
Real estate	$	57,095	$	45,711	$	19,735	$	—	$	122,541
Commercial and industrial	7,408		2,936		3,674		—		14,018
Construction and development	6,857		16,374		9,126		—		32,357
Consumer:
Residential real estate	12,703		8,206		9,719		—		30,628
Construction and development	189		723		713		—		1,625
Home equity	143		2,827		1,358		—		4,328
Other consumer	2		488		140		—		630
Total	$	84,397	$	77,265	$	44,465	$	—	$	206,127

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

The following tables summarize the past due status of non-PCI loans based on contractual terms.

	30-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total
March 31, 2015
Non-PCI Loans
Commercial:
Real estate	$	8,684	$	6,290	$	14,974	$	1,249,402	$	1,264,376
Commercial and industrial	5,884		1,832		7,716		440,540		448,256
Construction and development	2,618		453		3,071		348,735		351,806
Consumer:
Residential real estate	7,870		2,696		10,566		315,028		325,594
Construction and development	308		250		558		28,148		28,706
Home equity	2,874		544		3,418		267,515		270,933
Other consumer	442		85		527		34,687		35,214
Total	$	28,680	$	12,150	$	40,830	$	2,684,055	$	2,724,885

	30-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total
December 31, 2014
Non-PCI Loans
Commercial:
Real estate	$	7,971	$	2,383	$	10,354	$	1,222,641	$	1,232,995
Commercial and industrial	5,612		1,707		7,319		447,511		454,830
Construction and development	1,162		369		1,531		336,919		338,450
Consumer:
Residential real estate	4,872		2,210		7,082		322,539		329,621
Construction and development	569		12		581		27,855		28,436
Home equity	3,985		395		4,380		267,954		272,334
Other Consumer	797		70		867		35,377		36,244
Total	$	24,968	$	7,146	$	32,114	$	2,660,796	$	2,692,910

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 non-PCI loans on nonaccrual status and loans greater than 90 days past due and accruing by class.

	March 31, 2015				December 31, 2014
	Nonaccrual		Loans greater than 90 days past due and accruing		Nonaccrual		Loans greater than 90 days past due and accruing
Non-PCI Loans
Commercial:
Commercial real estate	$	12,549	$	—	$	5,685	$	—
Commercial and industrial	4,933		—		4,594		2
Construction and development	1,657		—		1,692		—
Consumer:
Residential real estate	4,742		—		3,755		—
Construction and development	482		—		254		—
Home equity	2,177		—		1,721		—
Other consumer	301		—		248		—
Total	$	26,841	$	—	$	17,949	$	2

Schedule of impairment loans

The following table provides information on impaired loans. This table 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
March 31, 2015
Non-PCI Loans
Commercial:
Commercial real estate	$	549	$	10,196	$	10,745	$	52	$	10,786
Commercial and industrial	393		2,491		2,884		60		2,884
Construction and development	—		867		867		—		875
Consumer:
Residential real estate	—		1,336		1,336		—		1,347
Home equity	62		311		373		62		401
Total	$	1,004	$	15,201	$	16,205	$	174	$	16,293
December 31, 2014
Non-PCI Loans
Commercial:
Commercial real estate	$	885	$	4,513	$	5,398	$	158	$	5,330
Commercial and industrial	525		1,818		2,343		229		2,718
Construction and development	—		910		910		—		1,971
Consumer:
Residential real estate	—		928		928		—		3,863
Construction and development	—		—		—		—		—
Home equity	62		344		406		3		1,920
Other consumer	—		—		—		—		—
Total	$	1,472	$	8,513	$	9,985	$	390	$	15,802

Schedule of impaired financing receivables

	Three Months Ended March 31,
	2015				2014
	Average Balance		Interest Income		Average Balance		Interest Income
Non-PCI Loans
Commercial:
Commercial real estate	$	8,072	$	16	$	4,341	$	6
Commercial and industrial	2,613		1		352		—
Construction and development	889		—		2,445		—
Consumer:
Residential real estate	1,132		22		923		—
Construction and development	—		—		121		—
Home equity	390		—		422		—
Other consumer	—		—		7		—
Total	$	13,096	$	39	$	8,611	$	6

Schedule of TDRs on financing receivables

The following table provides the number and recorded investment of TDRs outstanding.

	March 31, 2015			December 31, 2014
	Recorded Investment		Number	Recorded Investment		Number
TDRs:
Commercial real estate	$	4,372	8	$	4,215	7
Commercial and industrial	166		4	172		4
Commercial construction	131		2	131		2
Residential real estate	1,761		6	1,770		6
Home equity	83		2	83		2
Total	$	6,513	22	$	6,371	21

The following table provides the number and recorded investment of TDRs modified during the three months ended March 31, 2015 and 2014.

	TDRs Modified
	Three months ended March 31, 2015			Three months ended March 31, 2014
	Recorded Investment		Number	Recorded Investment		Number
TDRs:
Below market interest rate modifications:
Commercial real estate	$	—	—	$	877	3
Commercial and industrial	—		—	75		2
Residential real estate	398		1	442		3
Home equity	—		—	39		1
Total	$	398	1	$	1,433	$	9