LOANS (Tables)

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Information relating to portfolio loans, purchased credit impaired (“PCI”) loans, and purchased unimpaired loans (“PUL”) as of September 30, 2017 and December 31, 2016 is summarized as follows:

September 30, 2017

	Portfolio Loans		PCI Loans		PUL's		Total
	(In thousands)
Construction and land development	$	200,860	$	116	$	44,175	$	245,151
Commercial real estate		1,146,359		8,975		322,758		1,478,092
Residential real estate		832,656		528		107,985		941,169
Commercial and financial		476,511		824		58,122		535,457
Consumer		180,467		0		4,018		184,485
Other loans		637		0		0		637
NET LOAN BALANCES (1)	$	2,837,490	$	10,443	$	537,058	$	3,384,991

December 31, 2016

	Portfolio Loans		PCI Loans		PUL's		Total
	(In thousands)
Construction and land development	$	137,480	$	114	$	22,522	$	160,116
Commercial real estate		1,041,915		11,257		304,420		1,357,592
Residential real estate		784,290		684		51,813		836,787
Commercial and financial		308,731		941		60,917		370,589
Consumer		152,927		0		1,018		153,945
Other loans		507		0		0		507
NET LOAN BALANCES (1)	$	2,425,850	$	12,996	$	440,690	$	2,879,536

(1) Net loan balances as of September 30, 2017 and December 31, 2016 include deferred costs of $12.1 million and $10.6 million, respectively.

Contractually Required Principal And Interest Cash Payments Changes

Activity during the three months ended September 30, 2017:

									Reclassifications
									from
									nonaccretable		September 30,
	June 30, 2017		Additions		Deletions		Accretion		difference		2017
	(In thousands)
Accretable yield	$	3,265		0		0		(357)		407	$	3,315
Recorded investment of acquired loans	$	13,132									$	10,443
Allowance for loan losses		0										0
Recorded investment less allowance for loan losses	$	13,132									$	10,443

Activity during the nine months ended September 30, 2017:

									Reclassifications
									from
	December 31,								nonaccretable		September 30,
	2016		Additions		Deletions		Accretion		difference		2017
	(In thousands)
Accretable yield	$	3,807		0		(10)		(1,173)		691	$	3,315
Recorded investment of acquired loans	$	12,996									$	10,443
Allowance for loan losses		0										0
Recorded investment less allowance for loan losses	$	12,996									$	10,443

Activity during the three months ended September 30, 2016:

									Reclassifications
									from
									nonaccretable		September 30,
	June 30, 2016		Additions		Deletions		Accretion		difference		2016
	(In thousands)
Accretable yield	$	4,674		0		0		(492)		0	$	4,182
Recorded investment of acquired loans	$	13,652									$	13,057
Allowance for loan losses												0
Recorded investment less allowance for loan losses	$	13,652									$	13,057

Activity during the nine months ended September 30, 2016:

									Reclassifications
									from
	December 31,								nonaccretable		September 30,
	2015		Additions		Deletions		Accretion		difference		2016
	(In thousands)
Accretable yield	$	2,610		2,094		(15)		(1,499)		992	$	4,182
Recorded investment of acquired loans	$	12,109									$	13,057
Allowance for loan losses		0										0
Recorded investment less allowance for loan losses	$	12,109									$	13,057

Past Due Financing Receivables

The following tables present the contractual delinquency of the recorded investment in past due loans by class of loans as of September 30, 2017 and December 31, 2016:

					Accruing
	Accruing		Accruing		Greater						Total
September 30, 2017	30-59 Days		60-89 Days		Than						Financing
(In thousands)	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Portfolio Loans
Construction and land development	$	273	$	0	$	0	$	364	$	200,223	$	200,860
Commercial real estate		646		0		0		1,870		1,143,843		1,146,359
Residential real estate		1,013		107		0		8,341		823,195		832,656
Commercial and financial		1,699		0		0		193		474,619		476,511
Consumer		396		16		0		109		179,946		180,467
Other		0		0		0		0		637		637
Total		4,027		123		0		10,877		2,822,463		2,837,490
Purchased Unimpaired Loans
Construction and land development		35		0		0		72		44,068		44,175
Commercial real estate		860		0		0		732		321,166		322,758
Residential real estate		152		113		0		1,163		106,557		107,985
Commercial and financial		321		0		0		332		57,469		58,122
Consumer		0		0		0		0		4,018		4,018
Other		0		0		0		0		0		0
Total		1,368		113		0		2,299		533,278		537,058
Purchased Credit Impaired Loans
Construction and land development		0		0		0		0		116		116
Commercial real estate		0		0		0		1,199		7,776		8,975
Residential real estate		0		0		0		0		528		528
Commercial and financial		0		0		0		0		824		824
Consumer		0		0		0		0		0		0
Other		0		0		0		0		0		0
Total		0		0		0		1,199		9,244		10,443
Total Loans	$	5,395	$	236	$	0	$	14,375	$	3,364,985	$	3,384,991

					Accruing
	Accruing		Accruing		Greater						Total
December 31, 2016	30-59 Days		60-89 Days		Than						Financing
(In thousands)	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Portfolio Loans
Construction and land development		0		0		0		438		137,042		137,480
Commercial real estate		78		171		0		1,784		1,039,882		1,041,915
Residential real estate		1,570		261		0		8,582		773,877		784,290
Commercial and financial		30		0		0		49		308,652		308,731
Consumer		29		59		0		170		152,669		152,927
Other		0		0		0		0		507		507
Total		1,707		491		0		11,023		2,412,629		2,425,850
Purchased Unimpaired Loans
Construction and land development		0		0		0		32		22,490		22,522
Commercial real estate		345		485		0		1,272		302,318		304,420
Residential real estate		153		0		0		1,262		50,398		51,813
Commercial and financial		39		328		0		197		60,353		60,917
Consumer		37		0		0		0		981		1,018
Other		0		0		0		0		0		0
Total		574		813		0		2,763		436,540		440,690
Purchased Impaired Loans
Construction and land development		0		0		0		0		114		114
Commercial real estate		0		0		0		4,285		6,972		11,257
Residential real estate		0		185		0		0		499		684
Commercial and financial		0		0		0		0		941		941
Consumer		0		0		0		0		0		0
Other		0		0		0		0		0		0
Total		0		185		0		4,285		8,526		12,996
Total Loans	$	2,281	$	1,489	$	0	$	18,071	$	2,857,695	$	2,879,536

Financing Receivable Credit Quality Indicators

The following tables present the risk category of loans by class of loans based on the most recent analysis performed as of September 30, 2017 and December 31, 2016:

September 30, 2017

	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(In thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	232,183	$	1,442,538	$	917,500	$	527,190	$	183,031	$	3,302,442
Special mention		8,844		11,534		1,317		3,414		1,462		26,571
Substandard		3,439		14,466		2,966		4,328		223		25,422
Doubtful		0		0		0		0		0		0
Nonaccrual		436		3,801		9,504		525		109		14,375
Pass-Troubled debt restructures		33		4,876		0		0		0		4,909
Troubled debt restructures		216		877		9,882		0		297		11,272
	$	245,151	$	1,478,092	$	941,169	$	535,457	$	185,122	$	3,384,991

December 31, 2016

	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(In thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	148,563	$	1,319,696	$	811,576	$	364,241	$	153,730	$	2,797,806
Special mention		5,037		17,184		1,780		3,949		67		28,017
Substandard		5,497		7,438		2,709		2,153		134		17,931
Doubtful		0		0		0		0		0		0
Nonaccrual		470		7,341		9,844		246		170		18,071
Pass-Troubled debt restructures		44		4,988		358		0		44		5,434
Troubled debt restructures		505		945		10,520		0		307		12,277
	$	160,116	$	1,357,592	$	836,787	$	370,589	$	154,452	$	2,879,536