XML 65 R54.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans and Asset Quality Information (Summary of Nonperforming Assets) (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Nonperforming assets:      
Nonaccrual loans $ 25,684 $ 27,468 $ 41,411
Restructured loans - accruing 21,559 22,138 30,514
Accruing loans > 90 days past due
Total nonperforming loans 47,243 49,606 71,925
Foreclosed real estate 12,789 9,532 10,336
Total nonperforming assets 60,032 59,138 82,261
Total covered nonperforming assets included above [1] 10,698
Purchased credit impaired loans not included above [2] $ 19,167
[1] All FDIC loss share agreements were terminated effective September 22, 2016 and, accordingly, assets previously covered under those agreements become non-covered on that date.
[2] In the March 3, 2017 acquisition of Carolina Bank Holdings, Inc., the Company acquired $19.3 million in purchased credit impaired loans in accordance with ASC 310-30 accounting guidance. These loans are excluded from nonperforming loans, including $1.7 million in purchased credit impaired loans at March 31, 2017 that are contractually past due 90 days or more.