BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Short-Term Borrowings

Following is a summary of short-term borrowings:

TABLE 8.1

(in thousands)	September 30, 2018		December 31, 2017
Securities sold under repurchase agreements	$	265,029	$	256,017
Federal Home Loan Bank advances	1,985,000		2,285,000
Federal funds purchased	1,315,000		1,000,000
Subordinated notes	114,351		137,320
Total short-term borrowings	$	3,679,380	$	3,678,337

Summary of Long-Term Borrowings

Following is a summary of long-term borrowings:

TABLE 8.2

(in thousands)	September 30, 2018		December 31, 2017
Federal Home Loan Bank advances	$	270,036	$	310,061
Subordinated notes	87,065		87,614
Junior subordinated debt	110,707		110,347
Other subordinated debt	159,241		160,151
Total long-term borrowings	$	627,049	$	668,173

Junior Subordinated Debt Trusts

The following table provides information relating to the Trusts as of September 30, 2018:

TABLE 8.3

(dollars in thousands)	Trust Preferred Securities		Common Securities		Junior Subordinated Debt		Stated Maturity Date	Interest Rate		Rate Reset Factor
F.N.B. Statutory Trust II	$	21,500	$	665	$	22,165	6/15/2036	3.98	%	LIBOR + 165 basis points (bps)
Omega Financial Capital Trust I	26,000		1,114		26,502		10/18/2034	4.55	%	LIBOR + 219 bps
Yadkin Valley Statutory Trust I	25,000		774		21,049		12/15/2037	3.65	%	LIBOR + 132 bps
FNB Financial Services Capital Trust I	25,000		774		21,972		9/30/2035	3.80	%	LIBOR + 146 bps
American Community Capital Trust II	10,000		310		10,442		12/15/2033	5.13	%	LIBOR + 280 bps
Crescent Financial Capital Trust I	8,000		248		8,577		10/7/2033	5.44	%	LIBOR + 310 bps
Total	$	115,500	$	3,885	$	110,707