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ACQUISITION OF CORNERSTONE BANCORP, INC. - SUMMARY (Details) - USD ($)
$ in Thousands
May 17, 2016
Sep. 30, 2016
Dec. 31, 2015
Deposits      
Goodwill   $ 16,300 $ 10,168
Fair Value Adjustments      
Assets acquired:      
Loans $ (5,525)    
Allowance for loan and lease losses 1,955    
Loans, net (3,570)    
Premises and equipment, net 4,457    
Core deposit intangible 1,205    
Deferred income taxes (74)    
Total assets acquired 2,018    
Deposits      
Deposits 92    
Other liabilities and accrued interest payable 787    
Total liabilities assumed 879    
Net assets acquired 1,139    
Recast Adjustments      
Assets acquired:      
Loans 13    
Loans, net 13    
Total assets acquired 13    
Deposits      
Net assets acquired 13    
Deposits: Interest-bearing | Fair Value Adjustments      
Deposits      
Deposits 92    
Cornerstone      
Assets acquired:      
Cash and cash equivalents 22,707    
Investment securities 329    
Loans 195,136    
Allowance for loan and lease losses (1,955)    
Loans, net 193,181    
Federal Home Loan Bank Stock 224    
Premises and equipment, net 7,770    
Deferred income taxes 3,714    
Bank owned life insurance 7,461    
Other assets and accrued interest receivable 658    
Total assets acquired 236,044    
Deposits      
Deposits 205,165    
Subordinated note 4,124    
Other liabilities and accrued interest payable 2,244    
Total liabilities assumed 211,533    
Net assets acquired 24,511    
Cornerstone | Deposits: Non interest-bearing      
Deposits      
Deposits 52,908    
Cornerstone | Deposits: Interest-bearing      
Deposits      
Deposits 152,257    
Cornerstone      
Assets acquired:      
Cash and cash equivalents 22,707    
Investment securities 329    
Loans 189,624    
Loans, net 189,624    
Federal Home Loan Bank Stock 224    
Premises and equipment, net 12,227    
Core deposit intangible 1,205    
Deferred income taxes 3,640    
Bank owned life insurance 7,461    
Other assets and accrued interest receivable 658    
Total assets acquired 238,075    
Deposits      
Deposits 205,257    
Subordinated note 4,124    
Other liabilities and accrued interest payable 3,031    
Total liabilities assumed 212,412    
Net assets acquired 25,663    
Cash consideration paid (31,795)    
Goodwill 6,132    
Cornerstone | Deposits: Non interest-bearing      
Deposits      
Deposits 52,908    
Cornerstone | Deposits: Interest-bearing      
Deposits      
Deposits $ 152,349