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ORGANIZATION AND OPERATIONS
12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ORGANIZATION AND OPERATIONS
ORGANIZATION AND OPERATIONS
 
Yadkin Financial Corporation (the "Company" or "Yadkin") is a bank holding company incorporated under the laws of North Carolina and headquartered in Raleigh, North Carolina. The Company, which was formed in 2006, conducts its business operations primarily through its wholly-owned subsidiary, Yadkin Bank, a North Carolina chartered community bank providing financial services in 68 branches across North Carolina and upstate South Carolina. Yadkin Bank, which was incorporated in 1968, provides banking, mortgage, investment, and insurance services to businesses and consumers across the Carolinas.

The Company also has interests in Yadkin Valley Statutory Trust I, American Community Bank Capital Trust, and Crescent Financial Capital Trust I (the “Trusts”). The Trusts were formed for the sole purpose of issuing trust preferred securities and are not consolidated with the financial statements of the Company. The proceeds from such issuances were loaned to the Company in exchange for subordinated debentures, which are the sole assets of the Trusts. The Company’s obligations under the subordinated debentures constitutes full and unconditional guarantees by the Company of the obligations under the trust preferred securities.

On July 4, 2014, the Company completed its mergers (the “2014 Mergers”) with VantageSouth Bancshares, Inc. ("VantageSouth") and Piedmont Community Bank Holdings, Inc. ("Piedmont"), pursuant to an Agreement and Plan of Merger dated January 27, 2014, as amended (the “2014 Merger Agreement”). At closing, VantageSouth and Piedmont merged with and into the Company, with the Company continuing as the surviving corporation. Pursuant to the 2014 Merger Agreement, holders of VantageSouth common stock received 0.3125 shares of voting common stock of the Company for each share of VantageSouth common stock. Holders of Piedmont common stock received (i) 6.28597 shares of voting common stock of the Company; (ii) $6.6878 in cash; and (iii) a right to receive a pro rata portion of certain shares of voting common stock of the Company at a later date if such shares do not become payable under the Piedmont Phantom Equity Plan. Immediately following the 2014 Mergers, VantageSouth Bank, the wholly-owned banking subsidiary of VantageSouth, merged with and into Yadkin Bank.

The 2014 Mergers were accounted for as a reverse merger using the acquisition method of accounting primarily due to the relative voting interests in the Company upon completion of the 2014 Mergers. As a result, Piedmont and its consolidated subsidiaries represented the accounting acquirer, and Yadkin represented the accounting acquiree. Historical financial results of the Company prior to the 2014 Mergers reflect the historical balances of Piedmont. Financial results of the Company following the 2014 Mergers reflect balances of the combined organization. As required under the acquisition method of accounting, the assets and liabilities of Yadkin as of the date of the 2014 Mergers were recorded at estimated fair value and added to those of Piedmont. The 2014 Mergers had a significant impact on all aspects of the Company's financial statements, and as a result, financial results after the 2014 Mergers may not be comparable to financial results prior to the 2014 Mergers.

Basis of Presentation
 
The accompanying consolidated financial statements include the accounts and transactions of the Company and Yadkin Bank. All intercompany transactions and balances have been eliminated in consolidation.

Use of Estimates and Assumptions
 
The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.