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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2017

Carrying Amount And Estimated Fair Value Of Assets And Liabilities









	September 30, 2017
					Quoted prices in		Significant other		Significant
					active markets for		observable		unobservable
	Carrying		Estimated		identical assets		inputs		inputs
	amount		fair value		(Level 1)		(Level 2)		(Level 3)
Investment securities available-for-sale	$            1,196,956		$               1,196,956		$                            -		$               1,153,403		$                   43,553
Investment securities held-to-maturity	86,402		85,099		-		78,756		6,343
Securities purchased under agreements to resell	65,095		65,095		65,095		-		-
Federal Home Loan Bank and Atlantic Central Bankers Bank stock	991		991		-		-		991
Commercial loans held for sale	380,272		380,272		-		-		380,272
Loans, net of deferred loan fees and costs	1,374,060		1,373,325		-		-		1,373,325
Investment in unconsolidated entity, senior note	103,950		103,950		-		-		103,950
Investment in unconsolidated entity, subordinated note	3,761		3,761		-		-		3,761
Assets held for sale	314,994		314,994		-		-		314,994
Demand and interest checking	3,113,212		3,113,212		3,113,212		-		-
Savings and money market	452,183		452,183		452,183		-		-
Subordinated debentures	13,401		9,873		-		-		9,873
Securities sold under agreements to repurchase	180		180		180		-		-
Interest rate swaps, asset	722		722		-		722		-







	December 31, 2016
					Quoted prices in		Significant other		Significant
					active markets for		observable		unobservable
	Carrying		Estimated		identical assets		inputs		inputs
	amount		fair value		(Level 1)		(Level 2)		(Level 3)
Investment securities available-for-sale	$            1,248,614		$               1,248,614		$                            -		$               1,248,614		$                           -
Investment securities held-to-maturity	93,467		91,799		-		85,760		6,039
Securities purchased under agreements to resell	39,199		39,199		39,199		-		-
Federal Home Loan Bank and Atlantic Central Bankers Bank stock	1,613		1,613		-		-		1,613
Commercial loans held for sale	663,140		663,140		-		-		663,140
Loans, net of deferred loan fees and costs	1,222,911		1,219,625		-		-		1,219,625
Investment in unconsolidated entity, senior note	118,389		118,389		-		-		118,389
Investment in unconsolidated entity, subordinated note	8,541		8,541		-		-		8,541
Assets held for sale	360,711		360,711		-		-		360,711
Demand and interest checking	3,816,524		3,816,524		3,816,524		-		-
Savings and money market	421,780		421,780		421,780		-		-
Subordinated debentures	13,401		9,290		-		-		9,290
Securities sold under agreements to repurchase	274		274		274		-		-
Interest rate swaps, asset	3,207		3,207		-		3,207		-



Company's Level 3 Assets



		Fair Value Measurements Using
		Significant Unobservable Inputs
		(Level 3)

		Available-for-sale				Commercial loans
		securities				held for sale
		September 30, 2017		December 31, 2016		September 30, 2017		December 31, 2016
Beginning balance		$                                   -		$                                       -		$                           663,140		$                           489,938
Transfers into level 3		-		-		-		-
Transfers out of level 3		-		-		-		-
Total gains or losses (realized/unrealized)
Included in earnings		-		-		20,019		(3,078)
Included in other comprehensive income		-		-		-		-
Purchases, issuances, and settlements
Purchases		43,553
Issuances		-		-		398,410		528,584
Sales		-		-		(701,297)		(352,304)
Settlements		-		-		-		-
Ending balance		$                          43,553		$                                       -		$                           380,272		$                           663,140

The amount of total gains or (losses) for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets still
held at the reporting date.		$                                   -		$                                       -		$                                  703		$                             (2,674)






	Fair Value Measurements Using
	Significant Unobservable Inputs
	(Level 3)

	Investment in					Assets
	unconsolidated entity					held for sale
		September 30, 2017		December 31, 2016		September 30, 2017		December 31, 2016
Beginning balance		$                         126,930		$                             178,520		$                             360,711		$                             583,909
Transfers into level 3		-		-		-		-
Transfers out of level 3		-		-		-		-
Total gains or losses (realized/unrealized)
Included in earnings		(20)		(39,816)		638		(48,836)
Included in other comprehensive income		-		-		-		-
Purchases, issuances, and settlements
Purchases		-		-		-		-
Issuances		-		-		-		-
Sales		-		-		-		(63,712)
Settlements		(19,199)		(11,774)		(33,400)		(110,650)
Charge-offs		-		-		(12,955)		-
Ending balance		$                         107,711		$                             126,930		$                             314,994		$                             360,711

The amount of total gains or (losses) for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets still
held at the reporting date.		$                               (20)		$                             (39,816)		$                               (1,776)		$                             (48,836)



Fair Value, Measurements, Recurring [Member]

Assets And Liabilities Measured At Fair Value On A Recurring And Nonrecurring Basis





				Fair Value Measurements at Reporting Date Using
				Quoted prices in active		Significant other		Significant
				markets for identical		observable		unobservable
		Fair value		assets		inputs		inputs
		September 30, 2017		(Level 1)		(Level 2)		(Level 3)

Investment securities available-for-sale
U.S. Government agency securities		$                           35,225		$                                       -		$                             35,225		$                                       -
Asset-backed securities		264,939		-		264,939		-
Obligations of states and political subdivisions		86,432		-		86,432		-
Residential mortgage-backed securities		364,437		-		364,437		-
Collateralized mortgage obligation securities		129,093		-		129,093		-
Commercial mortgage-backed securities		153,648		-		110,095		43,553
Foreign debt securities		59,995		-		59,995		-
Corporate debt securities		103,187		-		103,187		-
Total investment securities available-for-sale		1,196,956		-		1,153,403		43,553
Loans held for sale		380,272		-		-		380,272
Investment in unconsolidated entity, senior note		103,950		-		-		103,950
Investment in unconsolidated entity, subordinated note		3,761		-		-		3,761
Interest rate swaps, asset		722		-		722		-
		$                      1,685,661		$                                       -		$                        1,154,125		$                           531,536







				Fair Value Measurements at Reporting Date Using
				Quoted prices in active		Significant other		Significant
				markets for identical		observable		unobservable
		Fair value		assets		inputs		inputs
		December 31, 2016		(Level 1)		(Level 2)		(Level 3)

Investment securities available-for-sale
U.S. Government agency securities		$                           27,702		$                                       -		$                             27,702		$                                       -
Asset-backed securities		355,396		-		355,396		-
Obligations of states and political subdivisions		94,533		-		94,533		-
Residential mortgage-backed securities		342,569		-		342,569		-
Collateralized mortgage obligation securities		159,823		-		159,823		-
Commercial mortgage-backed securities		117,086		-		117,086		-
Foreign debt securities		56,497		-		56,497		-
Corporate debt securities		95,008		-		95,008		-
Total investment securities available-for-sale		1,248,614		-		1,248,614		-
Loans held for sale		663,140		-		-		663,140
Investment in unconsolidated entity, senior note		118,389		-		-		118,389
Investment in unconsolidated entity, subordinated note		8,541		-		-		8,541
Interest rate swaps, asset		3,207		-		3,207		-
		$                      2,041,891		$                                       -		$                        1,251,821		$                           790,070




Fair Value Inputs, Assets, Quantitative Information



		Fair value at		Fair value at
Level 3 instruments only		September 30, 2017		December 31, 2016		Valuation techniques		Unobservable inputs		Range

Investment securities available-for-sale		$                         43,553		$                                 -		Discounted cash flow		Discount rate		7.0%-9.5%
Investment securities held-to-maturity		6,343		6,039		Discounted cash flow		Discount rate		8.00%
Federal Home Loan Bank and Atlantic		991		1,613		Cost		N/A		N/A
   Central Bankers Bank stock
Loans, net of deferred loan fees and costs		1,373,325		1,219,625		Discounted cash flow		Discount rate		3.5%-7.2%
Commercial loans held for sale		380,272		663,140		Discounted cash flow		Discount rate		4.85%-7.05%
Investment in unconsolidated entity,		103,950		118,389		Discounted cash flow		Discount rate		4.75%
  senior note								Default rate		1.00%
Investment in unconsolidated entity,		3,761		8,541		Discounted cash flow		Discount rate		11.00%
  subordinated note								Default rate		1.00%
Assets held for sale		314,994		360,711		Discounted cash flow		Discount rate		3.67%-9.32%
Subordinated debentures		9,873		9,290		Discounted cash flow		Discount rate		7.00%



Fair Value, Measurements, Nonrecurring [Member]

Assets And Liabilities Measured At Fair Value On A Recurring And Nonrecurring Basis



				Fair Value Measurements at Reporting Date Using
				Quoted prices in active		Significant other		Significant
				markets for identical		observable		unobservable
		Fair value		assets		inputs		inputs
Description (1)		September 30, 2017		(Level 1)		(Level 2)		(Level 3)

Impaired loans - collateral dependent		$                             4,011		$                                       -		$                                       -		$                               4,011
Other real estate owned		-		-		-		-
Intangible assets		5,185		-		-		5,185
		$                             9,196		$                                       -		$                                       -		$                               9,196







				Fair Value Measurements at Reporting Date Using
				Quoted prices in active		Significant other		Significant
				markets for identical		observable		unobservable
		Fair value		assets		inputs		inputs
Description (1)		December 31, 2016		(Level 1)		(Level 2)		(Level 3)

Impaired loans - collateral dependent		$                             3,685		$                                       -		$                                       -		3,685
Other real estate owned		104		-		-		104
Intangible assets		6,906		-		-		6,906
		$                          10,695		$                                       -		$                                       -		$                             10,695



(1) The method of valuation approach for the impaired loans was the market value approach based upon appraisals of the underlying collateral by external appraisers, reduced by 7% to 10% for estimated selling costs. Intangible assets are valued based upon internal analyses.

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- Definition

Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

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