ACQUISITION (Tables) (The Bank shares Inc [Member])

9 Months Ended

Sep. 30, 2014

The Bank shares Inc [Member]

Schedule Of Business Combinations Purchase Price Allocation [Table Text Block]

The table below summarizes the purchase price calculation.

	September 30,
(Dollars in thousands, except per share data)	2014
Number of shares of BANKshares common stock outstanding		12,644,763
BANKshares preferred shares that convert to BANKshares common shares upon a change in control		1,476,660
Total BANKshares common shares including conversion of preferred shares		14,121,423
Per share exchange ratio		0.4975
Number of shares of common stock issued		7,025,408
Multiplied by common stock price per share on September 30, 2014	$	10.93
Total purchase price		76,787,709

Business Combination Recognized Identifiable Assets Acquired Good will And Liabilities Assumed Less Non controlling Interest [Table Text Block]

The list below summarizes the preliminary estimates of the fair value of the assets purchased, including goodwill, and liabilities assumed as of the October 1, 2014 purchase date.

(Dollars in thousands)	Oct. 1, 2014
Assets:
Cash and cash equivalents	$	110,996
Loans, held for investment		356,022
Purchased credit impaired loans		8,481
Loans held for sale		486
Investments		85,355
Bank premises		12,119
Other real estate owned		2,837
Core deposit intangible		7,765
Goodwill		22,013
Other assets		19,117
Total assets acquired		625,191

Liabilities:
Deposits	$	516,297
Subordinated debt		10,930
Repurchase agreements		18,478
Other liabilities		2,698
Total liabilities assumed	$	548,403

Shedule of Contractually required principal and interest payments [Table Text Block]

Contractually required principal and interest payments have been adjusted for estimated prepayments.

(Dollars in thousands, except per share data)	Oct. 1, 2014
Contractually required principal and interest	$	12,057
Non-accretable difference		970

Cash flows expected to be collected		11,087
Accretable yield		2,606

Total purchased credit-impaired loans acquired	$	8,481

Schedule of acquired loans [Table Text Block]

The table below presents information with respect to the fair value of acquired loans, as well as their unpaid principal balance (“Book Balance”) at acquisition date.

	Oct. 1, 2014
(Dollars in thousands)		Book Balance		Fair Value
Loans:
Single family residential real estate	$	50,768	$	49,184
Commercial real estate		229,859		224,837
Construction/development/land		30,994		27,442
Commercial loans		52,458		51,479
Consumer and other loans		3,647		3,568
Purchased credit-impaired		11,087		8,481

Total earning assets	$	378,813	$	364,989

Business Acquisition, Pro Forma Information [Table Text Block]

Pro-forma data for the three and nine month periods ending September 30, 2014 and 2013 listed in the table below presents pro-forma information as if the acquisition occurred at the beginning of 2013.

	Three months ended September 30,				Nine months ended September 30,
		2014		2013		2014		2013
Net interest income	$	22,877	$	22,244	$	66,649	$	64,511
Net income available to common shareholders		3,891		46,527		11,410		52,528
EPS - basic	$	0.15	$	1.78	$	0.35	$	1.59
EPS - diluted	$	0.15	$	1.80	$	0.35	$	1.60