Subsequent Event

12 Months Ended

Dec. 31, 2016

Subsequent Event [Abstract]

Subsequent Event

Note 20.  Subsequent Event

On December 30, 2016, the Company announced that its banking subsidiary, Whitney Bank, signed a purchase agreement to acquire approximately $1.3 billion in loans, nine branch locations with approximately $500 million in transaction and savings deposits, and to assume approximately $600 million in FHLB borrowings from First NBC Bank Holding Company’s banking subsidiary First NBC Bank (“First NBC”).  The Company will pay a $44 million premium to First NBC for the earnings stream acquired.  As part of the transaction, the Company acquired approximately $260 million in loans from First NBC in January 2017 with the remaining portion of the transaction expected to close on March 10, 2017.