Sun Bancorp (SNBC) 10-Q 10 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 05, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	SNBC
Entity Registrant Name	SUN BANCORP INC /NJ/
Entity Central Index Key	1,017,793
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		19,059,719

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 20,737	$ 19,645
Interest earning bank balances	108,155	114,563
Cash and cash equivalents	128,892	134,208
Restricted cash	1,000	5,000
Investment securities available for sale (amortized cost of $303,154 and $300,028 at March 31, 2017 and December 31, 2016, respectively)	299,502	295,686
Investment securities held to maturity (estimated fair value of $250 at March 31, 2017 and December 31, 2016)	250	250
Loans receivable (net of allowance for loan losses of $15,716 and $15,541 at March 31, 2017 and December 31, 2016, respectively)	1,594,759	1,594,377
Restricted equity investments, at cost	15,806	15,791
Bank properties and equipment, net	29,432	30,148
Accrued interest receivable	5,240	5,122
Goodwill	38,188	38,188
Bank owned life insurance (BOLI)	83,593	83,109
Deferred taxes, net	50,590	51,573
Other assets	8,521	8,810
Total assets	2,255,773	2,262,262
Liabilities:
Deposits	1,733,989	1,741,363
Advances from the Federal Home Loan Bank of New York (FHLBNY)	85,367	85,416
Obligations under capital lease	6,187	6,292
Junior subordinated debentures	92,786	92,786
Other liabilities	14,628	16,696
Total liabilities	1,932,957	1,942,553
Commitments and contingencies
Shareholders' equity:
Preferred stock, $1 par value, 1,000,000 shares authorized; none issued
Common stock, $5 par value, 40,000,000 shares authorized; 19,132,414 shares issued and 19,057,379 shares outstanding at March 31, 2017; 19,030,704 shares issued and 18,922,726 shares outstanding at December 31, 2016.	95,662	95,154
Additional paid-in capital	508,353	508,593
Retained deficit	(275,261)	(276,501)
Accumulated other comprehensive loss	(2,160)	(2,568)
Deferred compensation plan trust	(1,160)	(1,160)
Treasury stock at cost, 75,035 shares at March 31, 2017 and 107,978 shares at December 31, 2016.	(2,618)	(3,809)
Total shareholders' equity	322,816	319,709
Total liabilities and shareholders' equity	$ 2,255,773	$ 2,262,262

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Amortized cost of investment securities available for sale	$ 303,154	$ 300,028
Estimated fair value of investment securities held to maturity	250	250
Allowance for loans receivable	$ 15,716	$ 15,541
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 5	$ 5
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	19,132,414	19,030,704
Common stock, shares outstanding	19,057,379	18,922,726
Treasury stock, shares	75,035	107,978

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
INTEREST INCOME:
Interest and fees on loans	$ 15,673	$ 15,031
Interest on taxable investment securities	1,785	1,680
Dividends on restricted equity investments	238	223
Total interest income	17,696	16,934
INTEREST EXPENSE:
Interest on deposits	1,686	1,292
Interest on funds borrowed	531	544
Interest on junior subordinated debentures	707	612
Total interest expense	2,924	2,448
Net interest income	14,772	14,486
Net interest income after provision for loan losses	14,772	14,486
NON-INTEREST INCOME:
Deposit service charges and fees	1,402	1,580
Interchange fees	467	484
Investment products income	284	377
BOLI income	484	508
Other income	794	215
Total non-interest income	3,431	3,164
NON-INTEREST EXPENSE:
Salaries and employee benefits	8,882	9,063
Occupancy expense	2,350	2,339
Equipment expense	1,157	1,090
Data processing expense	1,019	1,188
Professional fees	536	471
Insurance expense	395	788
Advertising expense	313	382
Problem loan expense	134	33
Other expense	1,276	1,170
Total non-interest expense	16,062	16,524
INCOME BEFORE INCOME TAXES	2,141	1,126
INCOME TAX EXPENSE	711	300
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 1,430	$ 826
Basic earnings per share	$ 0.08	$ 0.04
Diluted earnings per share	$ 0.07	$ 0.04
Weighted average shares - basic	18,986,015	18,739,739
Weighted average shares - diluted	19,107,226	18,837,699

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 1,430	$ 826
Unrealized gains (losses) on securities:
Unrealized holding gain arising during period	410	1,014
Less: reclassification adjustment for gains included in net income	(2)
Other comprehensive income	408	1,014
COMPREHENSIVE INCOME	$ 1,838	$ 1,840

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Deferred Compensation Plan Trust [Member]	Treasury Stock [Member]
Beginning Balance at Dec. 31, 2015	$ 256,388	$ 94,554	$ 510,659	$ (337,542)	$ (1,752)	$ (1,122)	$ (8,409)
Net income	826			826
Other comprehensive income	1,014				1,014
Exercise of stock options	2		(4)				6
Issuance of common stock	674	241	(1,272)				1,705
Stock-based compensation	553		553
Ending Balance at Mar. 31, 2016	319,709	94,795	509,936	(336,716)	(738)	(1,122)	(6,698)
Beginning Balance at Dec. 31, 2016	319,709	95,154	508,593	(276,501)	(2,568)	(1,160)	(3,809)
Net income	1,430			1,430
Other comprehensive income	408				408
Exercise of stock options	58		(56)				114
Issuance of common stock	681	508	(904)				1,077
Stock-based compensation	720		720
Dividends paid to common shareholders	(190)			(190)
Ending Balance at Mar. 31, 2017	$ 322,816	$ 95,662	$ 508,353	$ (275,261)	$ (2,160)	$ (1,160)	$ (2,618)

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
OPERATING ACTIVITIES
Net income	$ 1,430	$ 826
Adjustments to reconcile net income to net cash provided by operating activities:
Increase (decrease) in off-balance sheet reserves	243	(4)
Depreciation, amortization and accretion	845	1,421
Increase in cash surrender value of BOLI	(484)	(508)
Deferred income taxes	701	280
Stock-based compensation	720	553
Change in assets and liabilities which provided (used) cash:
Accrued interest receivable	(118)	(223)
Other assets	(150)	1,449
Other liabilities	(2,351)	(1,615)
Net cash provided by operating activities	836	2,179
INVESTING ACTIVITIES
Purchases of available-for-sale securities	(18,042)	(10,023)
Net purchase of restricted equity securities	(15)	(45)
Proceeds from maturities, prepayments or calls of investment securities available-for-sale	9,843	11,806
Proceeds from the sale of investment securities available-for-sale	6,206	168
Change in restricted cash	4,000
Net increase in loans	(314)	(29,348)
Purchases of bank properties and equipment	(186)	(747)
Proceeds from sale of real estate owned		266
Net cash provided by (used in) investing activities	1,492	(27,923)
FINANCING ACTIVITIES
Net decrease in deposits	(7,358)	(42,189)
Cash dividends paid to stockholders	(190)
Repayments of advances from FHLBNY	(49)	(47)
Repayment of obligations under capital leases	(105)	(99)
Proceeds from exercise of stock options	58	2
Net cash used in financing activities	(7,644)	(42,333)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,316)	(68,077)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	134,208	204,315
CASH AND CASH EQUIVALENTS, END OF PERIOD	128,892	136,238
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid	2,940	$ 2,458
SUPPLEMENTAL DISCLOSURE OF NON-CASH ITEMS
Trade date liability on purchase of investment securities	$ 1,169

Organization

Organization	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Organization	(1) Organization Sun Bancorp, Inc. (the “Company”) is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Company is the parent company of Sun National Bank (the “Bank”), a national bank and the Company’s principal wholly owned subsidiary. The Bank’s wholly owned subsidiaries are Prosperis Financial Solutions, LLC (“Prosperis Financial Solutions”), 2020 Properties, L.L.C. and 4040 Properties, L.L.C. The Company’s principal business is to serve as a holding company for the Bank. Through the Bank, the Company provides commercial and consumer banking services. The Bank is in the business of attracting customer deposits through its Community Banking Centers and investing these funds, together with borrowed funds and cash from operations, in loans, primarily commercial real estate and multifamily residential loans, as well as mortgage-backed and investment securities. The principal business of Prosperis Financial Solutions is to offer mutual funds, securities brokerage, annuities and investment advisory services through the Bank’s Community Banking Centers. The principal business of 2020 Properties, L.L.C. and 4040 Properties, L.L.C. is to acquire and thereafter liquidate certain real estate and other assets in satisfaction of debts previously contracted by the Bank. The Company’s five capital trusts, Sun Capital Trust V (“Trust V”), Sun Capital Trust VI (“Trust VI”), Sun Capital Trust VII, Sun Statutory Trust VII and Sun Capital Trust VIII, collectively, the “Issuing Trusts,” are presented on a deconsolidated basis. The Issuing Trusts, consisting of four Delaware business trusts and one Connecticut business trust, hold junior subordinated debentures issued by the Company. As of March 31, 2017, the Company had 35 locations primarily throughout New Jersey, including 30 branch offices. The Company also has headquarters, back office and loan production locations, including one loan production office located in New York. The Company’s outstanding common stock is traded on the NASDAQ Global Select Market under the symbol “SNBC.” The Company is subject to the reporting requirements of the Securities and Exchange Commission (“SEC”). The Company’s primary federal regulator is the Board of Governors of the Federal Reserve System (the “FRB”) and the Bank’s primary federal regulator is the Office of the Comptroller of the Currency (the “OCC”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Basis of Presentation. The accompanying unaudited condensed consolidated financial statements were prepared in accordance with the instructions to Form 10-Q, and therefore, do not include information or footnotes necessary for a complete presentation of financial condition, results of operations, comprehensive income (loss), changes in equity and cash flows in conformity with Accounting Principles Generally Accepted in the United States of America (“GAAP”). All normal recurring adjustments that, in the opinion of management, are necessary for a fair presentation of the unaudited condensed consolidated financial statements have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 filed with the SEC. The results for the three months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017 or any other period. The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The significant estimates include the allowance for loan losses, other-than-temporary impairment (“OTTI”) on investment securities, goodwill, and income taxes. Actual results may differ from these estimates under different assumptions or conditions. Basis of Consolidation. The unaudited condensed consolidated financial statements include, after all intercompany balances and transactions have been eliminated, the accounts of the Company, its principal wholly owned subsidiary, the Bank, and the Bank’s wholly-owned subsidiaries, Prosperis Financial Solutions, 2020 Properties, L.L.C., and 4040 Properties, L.L.C. In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“FASB ASC”) 810-10, Consolidation , the Issuing Trusts are presented on a deconsolidated basis. Segment Information. As defined in accordance with FASB ASC 280, Segment Reporting , the Company has one reportable and operating segment, “Community Banking.” All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and other borrowings and to manage interest rate and credit risk. In addition, the Company’s chief operating decision maker reviews the Company’s financial data on a consolidated basis when assessing financial performance. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit. Cash and Cash Equivalents. Cash and cash equivalents includes cash and amounts due from banks, interest-earning bank balances and federal funds sold, all of which have original maturity dates of 90 days or less. Restricted Cash. Restricted cash includes cash held as collateral against customer letters of credit held with another bank. Investment Securities. The Company’s investment portfolio includes both held-to-maturity and available-for-sale securities. The purchase and sale of the Company’s investment securities are recorded based on trade date accounting. At March 31, 2017 and December 31, 2016 the Company had $1.2 million and $0 of unsettled investment security purchase transactions, respectively. The following provides further information on the Company’s accounting for debt securities: Held-to-Maturity – Investment securities that management has the positive intent and ability to hold until maturity are classified as held-to-maturity and carried at their remaining unpaid principal balance, net of unamortized premiums or unaccreted discounts. Premiums are amortized and discounts are accreted using the interest method over the estimated remaining term of the underlying security. Available-for-Sale – Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability and the yield of alternative investments, are classified as available-for-sale. These assets are carried at their estimated fair value. Fair values are based on quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded, or in some cases where there is limited activity or less transparency around inputs, internally developed discounted cash flow models. Unrealized gains and losses are excluded from earnings and are reported net of tax in accumulated other comprehensive income (loss) on the unaudited condensed consolidated statements of financial condition until realized, including those recognized through the non-credit component of an OTTI charge. In accordance with FASB ASC 325-40, Beneficial Interests in Securitized Financial Assets Investment – Debt and Equity Securities Deferred Loan Fees. Loans fees on loans held-for-investment, net of certain direct loan origination costs, are deferred and the balance is amortized to income as a yield adjustment over the life of the loan using the interest method. Allowance for Loan Losses. The allowance for loan losses is determined by management based upon past experience, evaluation of estimated loss and impairment in the loan portfolio, current economic conditions and other pertinent factors. The allowance for loan losses is maintained at a level that management considers adequate to provide for estimated losses and impairment based upon an evaluation of known and inherent risk in the loan portfolio. Loan impairment is evaluated based on the fair value of collateral, less estimated selling costs. While management uses the best information available to make such evaluations, future adjustments to the allowance for loan losses may be necessary if economic conditions differ substantially from the assumptions used in making the evaluations. The provision for loan losses is based upon historical loan loss experience, a series of qualitative factors and an evaluation of estimated losses in the current loan portfolio, including the evaluation of impaired loans under FASB ASC 310, Receivables (“FASB ASC 310”). Values assigned to the qualitative factors and those developed from historic loss experience provide a dynamic basis for the calculation of reserve factors for both pass-rated loans (general pooled allowance) and those criticized and classified loans that continue to perform. For the commercial loan portfolio, historic loss and recovery experience over a two-year horizon, based on a rolling 28-quarter migration analysis, is taken into account for the quantitative factor component. For the non-commercial loan portfolio, the average loss history and recovery experience for a one-year period based on a rolling 12-quarter time period is utilized for the quantitative factor component. A loan is considered to be impaired when, based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan. An insignificant delay or insignificant shortfall in amount of payments does not necessarily result in the loan being identified as impaired. For this purpose, delays less than 90 days are considered to be insignificant. Impairment losses are included in the provision for loan losses. Loans not individually reviewed are evaluated as a group using reserve factor percentages based on historical loss experience and qualitative factors. Included in these qualitative factors are: • Levels of past due, classified and non-accrual loans, and troubled debt restructurings (“TDR”); • Nature, volume, and concentration of loans; • Historical loss trends; • Changes in lending policies and procedures, underwriting standards, collections, and for commercial loans, the level of loans being approved with exceptions to policy; • Experience, ability and depth of management and staff; • National and local economic and business conditions, including various market segments; • Quality of the Company’s loan review system and degree of Board oversight; and • Effect of external factors, including the deterioration of collateral values, on the level of estimated credit losses in the current portfolio. Commercial loans, including commercial real estate loans, are placed on non-accrual status at the time the loan has been delinquent for 90 days unless the loan is well secured and in the process of collection, and are generally charged-off no later than 180 days after becoming delinquent unless the loan is well secured and in the process of collection, or other extenuating circumstances support collection. Residential real estate loans are typically placed on non-accrual status at the time the loan has been delinquent for 90 days, and are generally charged-off no later than 180 days after becoming delinquent. Other consumer loans are placed on non-accrual status at the time the loan has been delinquent for 90 days, and are typically charged-off 180 days after becoming delinquent. In all cases, loans must be placed on non-accrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Restricted Equity Securities. Certain securities are classified as restricted equity securities because ownership is restricted and there is not an established market for their resale. These securities are carried at cost and are evaluated for impairment on a quarterly basis. Bank Properties and Equipment. Land is carried at cost. Bank properties and equipment are stated at cost, less accumulated depreciation. Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful life of the asset, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years Goodwill. Goodwill is the excess of the fair value of liabilities assumed over the fair value of tangible and identifiable intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests goodwill for impairment annually as of December 31, unless circumstances indicate that a test is required at an earlier date. The Company utilizes the two-step goodwill impairment test outlined in FASB ASC 350, Intangibles – Goodwill and Other (“FASB ASC 350”). Step one, which is used to identify potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. A reporting unit is an operating segment, or one level below an operating segment, as defined in FASB ASC 280. The Company has one reportable operating segment, “Community Banking,” and there are no components to this operating segment. If the fair value of a reporting unit exceeds its carrying value, goodwill of the reporting unit is not considered impaired and step two is therefore unnecessary. If the carrying amount of the reporting unit exceeds its fair value, the second step is performed to measure the amount of the impairment loss, if any. At December 31, 2016, the Company performed its annual goodwill impairment test, and step one of the analysis indicated that the Company’s fair value was greater than its carrying value; therefore, the Company’s goodwill was not impaired at December 31, 2016. Since that time, no event has occurred nor have circumstances changed that would more likely than not reduce the fair value of the reporting unit below its carrying amount. The carrying amount of goodwill totaled $38.2 million at both March 31, 2017 and December 31, 2016. Bank Owned Life Insurance (“BOLI”). The Company has purchased life insurance policies on certain key employees. These policies are recorded at their cash surrender value, or the amount that can be realized in accordance with FASB ASC 325-30, Investments in Insurance Contracts . At March 31, 2017, the Company had $28.7 million invested in a general account and $54.9 million in a separate account, for a total BOLI cash surrender value of $83.6 million. The BOLI separate account is invested in a mortgage-backed securities fund, which is managed by an independent investment firm. Pricing volatility of these underlying instruments may have an impact on investment income; however, the fluctuations would be partially mitigated by a stable value wrap agreement which is a component of the separate account. Income from these policies and changes in the cash surrender value are recorded in BOLI income in the unaudited condensed consolidated statements of operations. Accounting for The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes (“FASB ASC 740”). FASB ASC 740 requires the recording of deferred income taxes that reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management exercises significant judgment in the evaluation of the amount and timing of the recognition of the resulting tax assets and liabilities. The judgments and estimates required for the evaluation are updated based upon changes in business factors and the tax laws. If actual results differ from the assumptions and other considerations used in estimating the amount and timing of tax recognized, there can be no assurance that additional expenses will not be required in future periods. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the unaudited condensed consolidated statements of operations. Assessment of uncertain tax positions under FASB ASC 740 requires careful consideration of the technical merits of a position based on management’s analysis of tax regulations and interpretations. Significant judgment is applied when addressing the requirements of FASB ASC 740. In determining whether to establish or maintain a valuation allowance against a deferred tax asset, the Company reviews available evidence to determine whether it is more likely than not that all or a portion of the Company’s net deferred tax assets will be realized in future periods. Consideration is given to various positive and negative factors that could affect the realization of the net deferred tax assets. In making such a determination, the Company considers, among other things, future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, historical financial performance, the ability to carry back losses to recoup taxes previously paid, the length of statutory carry forward periods, experience with operating loss and tax credit carry forwards not expiring unused. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. Accumulated Other Comprehensive Income (Loss). The Company classifies items of accumulated comprehensive income (loss) by their nature and displays the details of other comprehensive income (loss) in the unaudited condensed consolidated statements of comprehensive income. Amounts categorized as comprehensive income (loss) represent net unrealized gains or losses on investment securities available-for-sale, net of tax and the non-credit portion of any OTTI loss not recorded in earnings. Reclassifications are made to avoid double counting items which are displayed as part of net income for the period. These reclassifications for the three months ended March 31, 2017 and 2016 were as follows: For the Three Months Ended March 31, 2017 2016 Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding gains on securities available-for -sale during the period $ 693 $ (283 ) $ 410 $ 1,715 $ (701 ) $ 1,014 Reclassification adjustment for net gains included in net income (4 ) 2 (2 ) — — — Net unrealized gain on securities available-for-sale $ 689 $ (281 ) $ 408 $ 1,715 $ (701 ) $ 1,014 Earnings Per Common Share. Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price of common shares sold during the period. Dilution is not considered when the Company is in a net loss position. Recent Accounting Principles. In March 2017, The FASB issued ASU 2017-08: Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In January 2017, The FASB issued ASU 2017-04: Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In November 2016, The FASB issued ASU 2016-18: Statement of Cash Flows (Topic 230): Restricted Cash. The amendments in this ASU require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustment should be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the impact of the adoption of this ASU on its financial statements. In August 2016, the FASB issued ASU 2016-15: Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU 2016-13: Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, In March 2016, the FASB issued ASU 2016-09: Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, In February 2016, the FASB issued ASU 2016-02: Leases (Topic 842) In January 2016, the FASB issued ASU 2016-01: Financial Instruments- Overall (Subtopic 825-10) In May 2014, the FASB issued ASU 2014-09: Revenue from Contracts with Customers (Topic 606): Summary and Amendments That Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs-Contracts with Customers (Subtopic 340-40), Conforming Amendments to Other Topics and Subtopics in the Codification and Status Tables, Background Information and Basis for Conclusions.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	(3) Stock-Based Compensation The Company accounts for stock-based compensation issued to employees, and when appropriate, non-employees, in accordance with the fair value recognition provisions of FASB ASC 718, Compensation – Stock Compensation Equity-Based Payments to Non-Employees Determining the fair value of stock-based awards at the measurement date requires judgment, including estimating the expected term of the stock options and the expected volatility of the Company’s stock. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. If actual results differ significantly from these estimates or different key assumptions are used, it could have a material effect on the Company’s unaudited condensed consolidated financial statements. The Company’s stock-based incentive plan authorizes the issuance of shares of common stock pursuant to awards that may be granted in the form of stock options to purchase common stock (“Options”) and awards of shares of (or share units with respect to) common stock (“Stock Awards”). The purpose of the Company’s stock-based incentive plan is to give the Company a competitive advantage in attracting, retaining, and motivating officers, employees, directors, and consultants and to provide the Company and its subsidiaries and affiliates with a compensation plan providing incentives for future performance of services directly linked to the profitability of the Company’s businesses and increases in Company shareholder value. Under the Company’s stock-based incentive plan, Options expire ten years after the date of grant, unless terminated earlier under the Option’s terms. For both Options and Stock Awards, a committee of independent directors has the authority to determine the conditions upon which the Options or Stock Awards granted will vest. In March 2015, the Board of Directors of the Company approved the Sun Bancorp, Inc. 2015 Omnibus Stock Incentive Plan (the “2015 Plan”). The purpose of the 2015 Plan is to give the Company a competitive advantage in attracting, retaining and motivating officers, employees, directors and consultants who will contribute toward the growth, profitability and success of the Company by providing stock-based incentives that offer an opportunity to participate in the Company’s future performance and to align the interests of such officers, employees, directors and/or consultants with those of the shareholders of the Company. The 2015 Plan, which was approved by shareholders in May 2015, became effective in May 2015, at which time the Company ceased new grants under the 2014 Performance Equity Plan, the 2010 Plan, and the 2004 Plan (each as defined below and collectively, the “Prior Plans”). Any awards outstanding under the Prior Plans remain in full force and effect under such plans according to their respective terms. The 2015 Plan authorizes the issuance of 1,400,000 shares of common stock pursuant to awards that may be granted in the form of Options and Stock Awards. For the purpose of calculating the number of shares available for issuance under the 2015 Plan, each issued Option equals one share and each issued Stock Award equals two shares. Under the 2015 Plan, Options expire ten years after the date of grant, unless terminated earlier under the option terms. For both Options and Stock Awards, a Committee of independent directors has the authority to determine the conditions upon which the Options or Stock Awards granted will vest. At March 31, 2017, there were 123,739 Options and 285,541 Stock Awards granted under the 2015 Plan. Activity in the Company’s stock option plans for the three months ended March 31, 2017 and March 31, 2016 was as follows: Summary of Options Activity Weighted Number Average Number of Exercise of Options Options Price Exercisable Outstanding as of January 1, 2017 571,883 $ 22.37 234,564 Granted — — — Exercised (3,133 ) 18.41 — Forfeited (1,627 ) 19.46 — Expired (3,824 ) 26.15 — Outstanding as of March 31, 2017 563,299 $ 22.46 288,366 Options vested or expected to vest (1) 417,637 $ 19.64 — (1) Includes vested Options and nonvested Options after the application of a forfeiture rate, which is based upon historical data. Weighted Number Average Number of Exercise of Options Options Price Exercisable Outstanding as of January 1, 2016 509,097 $ 23.84 163,443 Granted 123,739 21.08 — Exercised (110 ) 16.80 — Forfeited (12,619 ) 26.19 — Expired — — — Outstanding as of March 31, 2016 620,107 $ 23.24 — Options vested or expected to vest (1) 464,458 $ 24.44 — (1) Includes vested Options and nonvested Options after the application of a forfeiture rate, which is based upon historical data. The weighted average remaining contractual term was approximately 6.9 years for Options outstanding and 5.5 years for Options exercisable as of March 31, 2017. At March 31, 2017, the aggregate intrinsic value was $2.3 million for Options outstanding and $1.0 million for Options exercisable. As of March 31, 2017, the Company has granted 123,739 Options pursuant to the 2015 Plan, zero of which were granted during the three months ended March 31, 2017. In accordance with FASB ASC 718, the fair value of the Options granted are estimated on the date of grant using the Black-Scholes option pricing model which uses the assumptions in the table below. The expected term of an Option is estimated using historical exercise behavior of employees at a particular level of management who were granted Options with a comparable term. The Options have historically been granted with a ten year term. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility is based on the historical volatility of the Company’s stock price. Significant weighted average assumptions used to calculate the fair value of the Options granted during the three months ended March 31, 2017 and 2016 are as follows: For the Three Months Ended March 31, 2017 2016 Weighted average fair value of Options granted $ — $ 5.90 Weighted average risk-free rate of return — 1.29 % Weighted average expected option life in months — 50 Weighted average expected volatility — 33 % Expected dividends (1) $ — $ — (1) The fair value of future grants of Options will be impacted by the issuance of quarterly cash dividends. A summary of the Company’s nonvested Stock Award activity during the three months ended March 31, 2017 and 2016 are presented in the following tables: Summary of Nonvested Stock Award Activity Weighted Average Grant Number Date of Fair Shares Value Nonvested Stock Awards outstanding, January 1, 2017 254,976 $ 20.18 Issued 102,710 26.16 Vested (13,013 ) 16.80 Forfeited (940 ) 19.21 Nonvested Stock Awards outstanding, March 31, 2017 343,733 $ 21.85 Weighted Average Grant Number Date of Fair Shares Value Nonvested Stock Awards outstanding, January 1, 2016 279,964 $ 18.42 Issued 48,158 15.17 Vested (1,429 ) 16.80 Forfeited (8,813 ) 14.61 Nonvested Stock Awards outstanding, March 31, 2016 317,880 $ 18.04 There were 102,710 shares of nonvested Stock Awards issued during the three months ended March 31, 2017 and 48,158 nonvested Stock Awards issued during the three months ended March 31, 2016. The value of these shares is based upon the closing price of the Company’s common stock on the date of grant. Compensation expense is recognized on a straight-line basis over the service period for all of the nonvested Stock Awards issued. Total compensation expense recognized related to Options and nonvested Stock Awards, including that for non-employee directors, during the three months ended March 31, 2017 and 2016 was $720 thousand and $553 thousand, respectively. As of March 31, 2017, there was approximately $6.6 million of total unrecognized compensation cost related to Options and nonvested Stock Awards. The cost of the Options and Stock Awards is expected to be recognized over a weighted average period of 2.9 years and 2.7 years, respectively.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Investment Securities	(4) Investment Securities The amortized cost of investment securities and the approximate fair value at March 31, 2017 and December 31, 2016 were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value March 31, 2017 Available-for-sale: U.S. Treasury securities $ 3,500 $ — $ (3 ) $ 3,497 U.S. Government agency mortgage-backed securities 254,895 459 (2,496 ) 252,858 Trust preferred securities 12,024 — (1,579 ) 10,445 Collateralized loan obligations 31,474 8 (16 ) 31,466 Other securities 1,261 — (25 ) 1,236 Total available-for-sale 303,154 467 (4,119 ) 299,502 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 303,404 $ 467 $ (4,119 ) $ 299,752 December 31, 2016 Available-for-sale: U.S. Treasury securities $ 2,498 $ — $ — $ 2,498 U.S. Government agency mortgage-backed securities 246,650 583 (2,575 ) 244,658 Trust preferred securities 12,023 — (2,172 ) 9,851 Collateralized loan obligations 37,471 8 (160 ) 37,319 Other securities 1,386 — (26 ) 1,360 Total available-for-sale 300,028 591 (4,933 ) 295,686 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 300,278 $ 591 $ (4,933 ) $ 295,936 During the three months ended March 31, 2017, the Company sold two securities prior to maturity for gross proceeds of $206 thousand and gross realized gains of $4 thousand. Additionally, the Bank called two securities with an aggregate par value of $6.0 million. The following table provides the gross unrealized losses and estimated fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position at March 31, 2017 and December 31, 2016: Gross Unrealized Losses by Investment Category Less than 12 Months 12 Months or Longer Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses March 31, 2017 U.S. Treasury securities $ 3,497 $ (3 ) $ — $ — $ 3,497 $ (3 ) U.S. Government agency mortgage-backed securities 164,398 (2,061 ) 11,196 (435 ) 175,594 (2,496 ) Trust preferred securities — — 10,445 (1,579 ) 10,445 (1,579 ) Collateralized loan obligations 21,986 (2 ) 7,985 (14 ) 29,971 (16 ) Other securities 975 (25 ) — — 975 (25 ) Total $ 190,856 $ (2,091 ) $ 29,626 $ (2,028 ) $ 220,482 $ (4,119 ) December 31, 2016 U.S. Government agency mortgage-backed securities 108,070 (1,683 ) 54,757 (892 ) 162,827 (2,575 ) Trust preferred securities — — 9,851 (2,172 ) 9,851 (2,172 ) Collateralized loan obligations — — 33,825 (160 ) 33,825 (160 ) Other securities 975 (26 ) — — 975 (26 ) Total $ 109,045 $ (1,709 ) $ 98,433 $ (3,224 ) $ 207,478 $ (4,933 ) The Company determines whether unrealized losses are temporary in accordance with FASB ASC 325-40, Investments – Other, Investments – Overall FASB ASC 320-10 requires the Company to assess if an OTTI exists by considering whether the Company has the intent to sell the security or it is more likely than not that it will be required to sell the security before recovery. If either of these situations applies, the guidance requires the Company to record an OTTI charge to earnings on debt securities for the difference between the amortized cost basis of the security and the fair value of the security. If neither of these situations applies, the Company is required to assess whether it is expected to recover the entire amortized cost basis of the security. If the Company is not expected to recover the entire amortized cost basis of the security, the guidance requires the Company to bifurcate the identified OTTI into a credit loss component and a component representing loss related to other factors. A discount rate is applied which equals the effective yield of the security. The difference between the present value of the expected cash flows and the amortized book value is considered a credit loss. When a market price is not readily available, the market value of the security is determined using the same expected cash flows; the discount rate is a rate the Company determines from open market and other sources as appropriate for the security. The difference between the market value and the present value of cash flows expected to be collected is recognized in accumulated other comprehensive loss on the unaudited condensed consolidated statements of financial condition. Application of this guidance resulted in no OTTI charges during the three months ended March 31, 2017 and 2016. As of March 31, 2017, the Company’s cumulative OTTI balance was $1.2 million. There were no OTTI charges recognized in earnings as a result of credit losses on investments in the three months ended March 31, 2017 and 2016. U.S. Treasury Securities. At March 31, 2017, the gross unrealized loss in the category of less than 12 months of $3 thousand consisted of two US treasury securities with an estimated fair value of $3.5 million. The Company monitors key credit metrics such as market rates and possible credit deterioration to determine if an OTTI exists. As of March 31, 2017, management concluded that an OTTI did not exist on any of the aforementioned securities based upon its assessment. Management also concluded that it does not intend nor will it be required to sell the securities before their recovery, which may be maturity, and management expects to recover the entire amortized cost basis of these securities. U.S. Government Agency Mortgage-Backed Securities. At March 31, 2017, the gross unrealized loss in the category of less than 12 months of $2.1 million consisted of 37 mortgage-backed securities with an estimated fair value of $164.4 million. The gross unrealized loss in the category of 12 months or longer of $435 thousand consisted of four mortgage-backed securities with an estimated fair value of $11.2 million issued and guaranteed by a U.S. Government sponsored agency. The Company monitors key credit metrics such as market rates and possible credit deterioration to determine if an OTTI exists. As of March 31, 2017, management concluded that an OTTI did not exist on any of the aforementioned securities based upon its assessment. Management also concluded that it does not intend nor will it be required to sell the securities, before their recovery, which may be maturity, and management expects to recover the entire amortized cost basis of these securities. Collateralized Loan Obligations. At March 31, 2017, the gross unrealized loss in the category of collateralized loan obligations with a continuous loss position of less than 12 months was $2 thousand, which consisted of two AAA-rated security with a total estimated fair value of $22.0 million. The gross unrealized loss in the category of collateralized loan obligations with a continuous loss position of 12 months or longer was $14 thousand, which consisted of one AAA-rated collateralized loan obligation securities with a total estimated fair value of $8.0 million. The Company monitors key credit metrics such as delinquencies, defaults, cumulative losses and credit support levels to determine if an OTTI exists. As of March 31, 2017, management concluded that an OTTI did not exist on any of the aforementioned securities based upon its assessment. Management also concluded that it does not intend nor will it be required to sell the securities before their recovery, which may be maturity, and management expects to recover the entire amortized cost basis of these securities. Trust Preferred Securities. At March 31, 2017, the gross unrealized loss in the category of trust preferred securities with a continuous loss position of 12 months or longer was $1.6 million, which consisted of two trust preferred securities. The trust preferred securities are comprised of one non-rated single issuer security with an amortized cost of $3.2 million and an estimated fair value of $3.2 million and one investment grade rated pooled security with an amortized cost of $8.8 million and an estimated fair value of $7.2 million. For the pooled security, the Company monitors each issuer in the collateral pool with respect to financial performance using data from the issuer’s most recent regulatory reports as well as information on issuer deferrals and defaults. Also, the security structure is monitored with respect to collateral coverage and current levels of subordination. Expected future cash flows are projected assuming additional defaults and deferrals based on the performance of the collateral pool. The pooled security is in a senior position in the capital structure. The security had a 3.7 times principal coverage. As of the most recent reporting date, interest has been paid in accordance with the terms of the security. The Company reviews projected cash flow analysis for adverse changes in the present value of projected future cash flows that may result in an other-than-temporary credit impairment to be recognized through earnings. The most recent valuations assumed no recovery on any defaulted collateral, no recovery on any deferring collateral and an additional 3.6% of defaults or deferrals’ every three years with no recovery rate. As of March 31, 2017, management concluded that an OTTI did not exist on the aforementioned security based upon its assessment. Management also concluded that it does not intend to sell the security, and that it is not more likely than not it will be required to sell the security before its recovery, which may be maturity, and management expects to recover the entire amortized cost basis of this security. The financial performance of the non-rated single issuer trust preferred security is monitored on a quarterly basis using data from the issuer’s most recent regulatory reports to assess the probability of cash flow impairment. Expected future cash flows are projected by incorporating the contractual cash flow of the security adjusted, if necessary, for potential changes in the amount or timing of cash flows due to the underlying creditworthiness of the issuer and covenants in the security. During the three months ended March 31, 2017, the Company did not record an OTTI credit-related charge related to this single issuer trust preferred security. Based on the Company’s most recent evaluation, and based upon the receipt of all scheduled dividend payments since September 2014, the Company does not expect the issuer to default on the security based primarily on the issuer’s subsidiary bank reporting that it meets the minimum regulatory requirements to be considered a “well capitalized” institution. The cumulative OTTI on this security as of March 31, 2017 was $1.2 million. Based upon the current capital position of the issuer and recent improvements in the financial performance of the issuer, the Company concluded that an additional impairment charge was not warranted at March 31, 2017. The amortized cost and estimated fair value of the investment securities, by contractual maturity, at March 31, 2017 and December 31, 2016 are shown below. Actual maturities will differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Held to Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value March 31, 2017 Due in one year or less $ 3,513 $ 3,510 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 31,474 31,466 — — Due after ten years 13,024 11,420 — — Total investment securities, excluding mortgage- backed securities 48,259 46,644 250 250 U.S. Government agency mortgage-backed securities 254,895 252,858 — — Total investment securities $ 303,154 $ 299,502 $ 250 $ 250 December 31, 2016 Due in one year or less $ 2,635 $ 2,635 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 37,471 37,319 — — Due after ten years 13,024 10,826 — — Total investment securities, excluding mortgage- backed securities 53,378 51,028 250 250 U.S. Government agency mortgage-backed securities 246,650 244,658 — — Total investment securities $ 300,028 $ 295,686 $ 250 $ 250 At March 31, 2017, the Company had $12.9 million amortized cost and $12.9 million estimated fair value of investment securities pledged to secure public deposits. As of March 31, 2017, the Company had $63.7 million amortized cost and $63.5 million estimated fair value of investment securities pledged as collateral on secured borrowings.

Loans

Loans	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans	(5) Loans The components of loans receivable as of March 31, 2017 and December 31, 2016 were as follows: Loan Components March 31, 2017 December 31, 2016 Commercial: Commercial and industrial $ 230,306 $ 235,946 Commercial real estate owner occupied 261,971 231,348 Commercial real estate non-owner occupied 729,102 742,662 Land and development 67,336 67,165 Consumer: Home equity lines of credit 105,885 110,377 Home equity term loans 8,405 9,104 Residential real estate 205,573 210,874 Other 1,897 2,442 Total gross loans held-for-investment 1,610,475 1,609,918 Allowance for loan losses (15,716 ) (15,541 ) Net loans held-for-investment $ 1,594,759 $ 1,594,377 The following table is a comparison of the Company’s non-accrual loans as of March 31, 2017 and December 31, 2016: Loans on Non-Accrual Status March 31, 2017 December 31, 2016 Commercial: Commercial & industrial $ 78 $ — Commercial real estate owner occupied 216 213 Commercial real estate non-owner occupied 504 517 Consumer: Home equity lines of credit 68 72 Home equity term loans 68 Residential real estate 1,748 810 Other — 85 Total non-accrual loans $ 2,682 $ 1,697 Troubled debt restructuring, non-accrual $ 1,395 $ 1,404 Many of the Company’s commercial and industrial loans have a real estate component as part of the collateral securing the loan. Additionally, the Company makes commercial real estate loans for the acquisition, refinance, improvement and construction of real property. Loans secured by owner-occupied properties are dependent upon the successful operation of the borrower’s business. If the operating company experiences difficulties in terms of sales volume and/or profitability, the borrower’s ability to repay the loan may be impaired. Loans secured by properties where repayment is dependent upon payment of rent by third-party tenants or the sale of the property may be impacted by loss of tenants, lower lease rates needed to attract new tenants or the inability to sell a completed project in a timely fashion and at a profit. As of March 31, 2017, the Company had $3.0 million outstanding on one commercial construction and land development relationship for which the agreement included interest reserves. As of December 31, 2016, the Company had $5.9 million outstanding on two commercial construction relationships for which the agreement included interest reserves. The total amount available in those reserves to fund interest payments was $130 thousand and $214 thousand at March 31, 2017 and December 31, 2016, respectively. There were no relationships with interest reserves which were on non-accrual status at March 31, 2017 and December 31, 2016. Construction projects are monitored throughout their lives by the Company through either internal resources or professional inspectors engaged by the Company. The budgets for loan advances and borrower equity injections are developed at the time of underwriting in conjunction with the review of the plans and specifications for the project being financed. Advances of the Company’s funds are based on the prepared budgets and will not be made unless the project has been inspected by the Company’s professional inspector who must certify that the work related to the advance is in place and properly complete. As it relates to construction project financing, the Company does not extend, renew or restructure terms unless its borrower posts cash collateral in an interest reserve. Included in the Company’s loan portfolio are modified commercial loans. Per FASB ASC 310-40, Troubled Debt Restructurings,

Allowance for Loan Losses

Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Allowance for Loan Losses	(6) Allowance for Loan Losses Changes in the allowance for loan losses were as follows: Allowance for Loan Losses and Recorded Investment in Financing Receivables For the Three Months Ended March 31, 2017 Commercial Residential and Commercial Land & Home Real Industrial Real Estate Development Equity (1) Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Charge-offs — — — (33 ) (49 ) (16 ) $ (98 ) Recoveries 58 98 46 51 3 17 273 Net recoveries (charge-offs) 58 98 46 18 (46 ) 1 175 Provision for (recovery of) loan losses 43 302 (62 ) (88 ) (35 ) (160 ) — Ending balance $ 2,254 $ 7,950 $ 588 $ 2,279 $ 2,567 $ 78 $ 15,716 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,254 $ 7,950 $ 588 $ 2,279 $ 2,567 $ 78 $ 15,716 Financing Receivables: Ending balance $ 230,306 $ 991,073 $ 67,336 $ 114,290 $ 205,573 $ 1,897 $ 1,610,475 Ending balance: individually evaluated for impairment $ 78 $ 841 $ — $ 136 $ 3,022 $ — $ 4,077 Ending balance: collectively evaluated for impairment $ 230,228 $ 990,232 $ 67,336 $ 114,154 $ 202,551 $ 1,897 $ 1,606,398 (1) Amount includes both home equity lines of credit and term loans. (2) Includes the unallocated portion of the allowance for loan losses. For the Three Months Ended March 31, 2016 Commercial Residential and Commercial Land & Home Real Industrial Real Estate Development Equity (1) Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,921 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 42 $ 18,008 Charge-offs (11 ) (69 ) — (165 ) (74 ) (106 ) $ (425 ) Recoveries 52 46 71 117 22 61 369 Net charge-offs 41 (23 ) 71 (48 ) (52 ) (45 ) (56 ) (Recovery of) provision for loan losses (268 ) 391 236 (226 ) (263 ) 130 — Ending balance $ 2,694 $ 8,510 $ 1,365 $ 2,542 $ 2,714 $ 127 $ 17,952 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,694 $ 8,510 $ 1,365 $ 2,542 $ 2,714 $ 127 $ 17,952 Financing Receivables: Ending balance $ 222,828 $ 885,998 $ 86,520 $ 136,844 $ 241,891 $ 3,817 $ 1,577,898 Ending balance: individually evaluated for impairment $ — $ 615 $ — $ 83 $ 3,110 $ 96 $ 3,904 Ending balance: collectively evaluated for impairment $ 222,828 $ 885,383 $ 86,520 $ 136,761 $ 238,781 $ 3,721 $ 1,573,994 (1) Amount includes both home equity lines of credit and term loans. (2) Includes the unallocated portion of the allowance for loan losses. Risk Characteristics Commercial and Industrial Loans. Many of the Company’s commercial and industrial loans have a real estate component as part of the collateral securing the loan. Commercial and industrial loans are primarily secured by assets of the business, such as accounts receivable and inventory. Due to the nature of the collateral securing these loans, the liquidation of these assets may be problematic and costly. Commercial Real Estate Loans. Commercial real estate owner occupied loans rely on the cash flow from the successful operation of the borrower’s business to make repayment. If the operating company experiences difficulties in terms of sales volume and/or profitability, the borrower’s ability to repay the loan may be impaired. Commercial real estate non-owner occupied loans rely on the payment of rent by third party tenants. The borrower’s ability to repay the loan or sell the property may be impacted by loss of tenants, lower lease rates needed to attract new tenants or the inability to sell a completed project in a timely fashion and at a profit. Commercial real estate owner occupied and non-owner occupied loans are secured by the underlying properties. The local economy and real estate market affect the appraised value of these properties which may impact the ultimate repayment of these loans. Land and Development Loans. Land and development loans are primarily repaid by the sale of the developed properties or by conversion to a permanent term loan. These loans are dependent upon the completion of the project on time and within budget, which may be impacted by general economic conditions. The Company requires cash collateral in an interest reserve in order to extend credit on construction projects to mitigate the credit risk. Home Equity Loans. This segment consists of both home equity lines of credit and home equity term loans on single family residences. These loans rely on the personal income of the borrower for repayment which may be impacted by economic conditions, such as unemployment levels, interest rates and the housing market. These loans are primarily secured by second liens on the property, which serves as the secondary source of repayment. The secondary source of repayment may be impaired by the real estate market and local regulations. The Company no longer originates home equity lines of credit or home equity term loans. Residential Real Estate Loans. Included in this segment are residential mortgages on single family residences. These loans rely on the personal income of the borrower for repayment which may be impacted by economic conditions, such as unemployment levels, interest rates and the housing market. These loans are primarily secured by a lien on the underlying property, which serves as the secondary source of repayment. The secondary source of repayment may be impaired by the real estate market and local regulations. The Company no longer originates residential real estate loans on single family residences. Other Loans . Other loans consist of personal credit lines, mobile home loans and consumer installment loans. These loans rely on the borrowers’ personal income for repayment and are either unsecured or secured by personal use assets and mobile homes. These loans may be impacted by economic conditions such as unemployment levels. The liquidation of the assets securing these loans may be difficult and costly. The allowance for loan losses was $15.7 million and $15.5 million at March 31, 2017 and December 31, 2016, respectively. The ratio of allowance for loan losses to gross loans held-for-investment was 0.98% at March 31, 2017 and 0.97% at December 31, 2016. The provision for loan losses charged to expense is based upon historical loan loss and recovery experience, a series of qualitative factors and an evaluation of incurred losses in the current loan portfolio, including the evaluation of impaired loans under FASB ASC 310, Receivables A loan is considered to be impaired when, based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan. An insignificant delay in payment or insignificant shortfall in amount of payments received does not necessarily result in a loan being identified as impaired. For this purpose, delays less than 90 days are considered to be insignificant. Impairment losses are included in the provision for loan losses in the unaudited condensed consolidated statements of operations. Loans not individually reviewed are evaluated as a group using reserve factor percentages based on historical loss and recovery experience and qualitative factors. Such loans generally include consumer loans, residential real estate loans and small business loans. In determining the appropriate level of the general pooled allowance, management makes estimates based on internal risk ratings, which take into account such factors as debt service coverage, loan-to-value ratios, management’s abilities and external factors. The following table presents the Company’s components of impaired loans receivable, segregated by class of loans. Commercial and consumer loans that were collectively evaluated for impairment are not included in the data that follows: Impaired Loans As of March 31, 2017 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized For the Three Months Ended March 31, 2017 With no related allowance: Commercial: CRE owner occupied $ 327 $ 506 $ — $ 330 $ — $ — CRE non-owner occupied 504 512 — 510 — — Consumer: Residential real estate 3,022 3,386 — 3,047 — — Home equity lines of credit 68 72 — 70 — — Home equity term loans 68 83 — 68 — — Other 78 87 — 81 — — With an allowance recorded: N/A Total commercial $ 831 $ 1,018 $ — $ 840 $ — $ — Total consumer $ 3,236 $ 3,628 $ — $ 3,266 $ — $ — Impaired Loans As of March 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized For the Three Months Ended March 31, 2016 With no related allowance: Commercial: CRE non-owner occupied $ 613 $ 834 $ — $ 622 $ — $ — Consumer: Residential real estate 3,110 3,237 — 3,134 — — Home equity term loans 83 92 — 85 — — Other 96 96 — 99 — — With an allowance recorded: N/A Total commercial $ 613 $ 834 $ — $ 622 $ — $ — Total consumer $ 3,289 $ 3,425 $ — $ 3,318 $ — $ — In accordance with FASB ASC 310, those impaired loans for which the collateral is sufficient to support the outstanding principal do not result in a specific allowance for loan losses. Included in impaired loans at March 31, 2017 were fourteen TDRs totaling $2.3 million, for which the collateral is sufficient to support the outstanding principal, four of which were in accruing status. There were no TDRs at March 31, 2017 that included a commitment to lend additional funds as of March 31, 2017. There were no TDR agreements entered into during the three months ended March 31, 2017 and 2016. During the three month periods ended March 31, 2017 and 2016, the Company did not have any TDR agreements that had subsequently defaulted that were entered into within the respective preceding twelve months. The following table presents the Company’s distribution of risk ratings within the Company’s loan portfolio, segregated by class, as of March 31, 2017 and December 31, 2016: Credit Quality Indicators by Internally Assigned Grade Commercial & industrial Commercial real estate owner occupied Commercial real estate non- owner occupied Land and development Home Equity Lines of Credit Home Equity Term Loans Residential Real Estate Other Total As of March 31, 2017 Grade: Pass $ 228,260 $ 260,285 $ 728,598 $ 67,336 $ 105,817 $ 8,337 $ 202,223 $ 1,897 $ 1,602,753 Special Mention — — — — — — — — — Substandard 2,046 1,686 504 — 68 68 3,350 — 7,722 Doubtful — — — — — — — — — Total $ 230,306 $ 261,971 $ 729,102 $ 67,336 $ 105,885 $ 8,405 $ 205,573 $ 1,897 $ 1,610,475 As of December 31, 2016 Grade: Pass $ 233,907 $ 229,635 $ 742,146 $ 67,165 $ 110,377 $ 9,032 $ 208,460 $ 2,357 $ 1,603,079 Special Mention — — — — — — — — — Substandard 2,039 1,713 516 — — 72 2,414 85 6,839 Doubtful — — — — — — — — — Total $ 235,946 $ 231,348 $ 742,662 $ 67,165 $ 110,377 $ 9,104 $ 210,874 $ 2,442 $ 1,609,918 The Company’s primary tool for assessing risk when evaluating a credit in terms of its underwriting, structure, documentation and eventual collectability is a risk rating system in which the loan is assigned a numeric value. Behind each numeric category is a defined set of characteristics reflective of the particular level of risk. The risk rating system is based on a 10-point grade. The upper six grades are for “pass” categories, the seventh grade is for the “criticized” category, the eighth grade represents “classified” categories which are equivalent to the guidelines utilized by the OCC and the final two grades are for “doubtful” and “loss” categories. The portfolio manager is responsible for assigning, maintaining, and documenting accurate risk ratings for all commercial loans and commercial real estate loans. The portfolio manager assigns a risk rating at the inception of the loan, reaffirms it annually, and adjusts the rating based on the performance of the loan. As part of the loan review process, the Chief Credit Officer or Deputy Chief Credit Officer will review risk ratings for accuracy. The portfolio manager’s risk rating will also be reviewed periodically by the third-party loan review function and the Bank’s regulators. To calculate risk ratings in a consistent fashion, the Company uses a Risk Rating Methodology that assesses quantitative and qualitative components which include elements of the Company’s financial condition, abilities of management, position in the market, collateral and guarantor support and the impact of changing conditions. When combined with professional judgment, an overall risk rating is assigned. The following table presents the Company’s analysis of past due loans, segregated by class of loans, as of March 31, 2017 and December 31, 2016: Aging of Receivables 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables As of March 31, 2017 Commercial: Commercial and industrial $ — $ — $ — $ — $ 230,306 $ 230,306 CRE owner occupied — 70 295 365 261,606 261,971 CRE non-owner occupied 678 — 323 1,001 728,101 729,102 Land and development — — — — 67,336 67,336 Consumer: Home equity lines of credit 1,083 30 68 1,181 104,704 105,885 Home equity term loans — — — — 8,405 8,405 Residential real estate 1,272 539 951 2,762 202,811 205,573 Other — 6 — 6 1,891 1,897 Total $ 3,033 $ 645 $ 1,637 $ 5,315 $ 1,605,160 $ 1,610,475 As of December 31, 2016 Commercial: Commercial and industrial $ — $ — $ — — $ 235,946 $ 235,946 CRE owner occupied — — 269 269 231,079 231,348 CRE non-owner occupied 331 — 185 516 742,146 742,662 Land and development — — — — 67,165 67,165 Consumer: Home equity lines of credit 367 — — 367 110,010 110,377 Home equity term loans 121 — — 121 8,983 9,104 Residential real estate 4,020 851 744 5,615 205,259 210,874 Other 59 7 85 151 2,291 2,442 Total $ 4,898 $ 858 $ 1,283 $ 7,039 $ 1,602,879 $ 1,609,918

Derivatives, Hedging Activities

Derivatives, Hedging Activities and Other Financial Instruments	3 Months Ended
	Mar. 31, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivatives, Hedging Activities and Other Financial Instruments	(7) Derivatives, Hedging Activities and Other Financial Instruments Derivative financial instruments involve, to varying degrees, interest rate, market and credit risk. The Company manages these risks as part of its asset and liability management process and through credit policies and procedures. The Company seeks to minimize counterparty credit risk by establishing credit limits and collateral agreements. The Company utilizes certain derivative financial instruments to enhance its ability to manage interest rate risk that exists as part of its ongoing business operations. In general, the derivative transactions entered into by the Company fall into one of two types: a fair value hedge of a specific fixed-rate loan agreement and an economic hedge of a derivative offering to a Bank customer. The Company does not use derivative financial instruments for trading purposes. Fair Value Hedges – Interest Rate Swaps. The Company utilizes interest rate swap agreements to hedge interest rate risk. The designated hedged items are subordinated notes related to commercial loans that provide a fixed interest receipt for the Company. The interest rate risk is the uncertainty of future interest rate levels and the impact of changes in rates on the fair value of the loans. The hedging of interest rate risk is intended to reduce the volatility of the fair value of the loans due to changes in the interest rate market. The Company previously entered into interest rate swaps with a counterparty whereby the Company makes payments based on a fixed interest rate and receives payments from the counterparty based on a floating interest rate, both calculated based on the principal amount of the underlying subordinated note, without the exchange of the underlying principal. The Company no longer enters into these interest rate swap transactions, the last of which occurred in August 2007. The interest rate swaps are designated as fair value hedges under FASB ASC 815, Derivatives and Hedging Fair Value Measurements and Disclosures (“FASB ASC 820”). The following tables provide information pertaining to interest rate swaps designated as fair value hedges under FASB ASC 815 at March 31, 2017 and December 31, 2016: Summary of Interest Rate Swaps Designated As Fair Value Hedges March 31, 2017 December 31, 2016 Balance Sheet Location Notional Fair Value Notional Fair Value Other liabilities $ 1,414 $ (146 ) $ 1,468 $ (165 ) Summary of Interest Rate Swap Components March 31, 2017 December 31, 2016 Weighted average pay rate 7.22 % 7.22 % Weighted average receive rate 1.73 % 1.73 % Weighted average maturity in years 2.8 2.9 Customer Derivatives – Interest Rate Swaps. The Company enters into interest rate swaps that allow our commercial loan customers to effectively convert a variable-rate commercial loan agreement to a fixed-rate commercial loan agreement. Under these agreements, the Company enters into a variable-rate loan agreement with a customer in addition to an interest rate swap agreement, which serves to effectively swap the customer’s variable-rate loan into a fixed-rate loan. The Company then enters into a corresponding swap agreement with a third party in order to economically hedge its exposure through the customer agreement. The interest rate swaps with both the customers and third parties are not designated as hedges under FASB ASC 815 and are marked to market through earnings. As the interest rate swaps are structured to offset each other, changes to the underlying benchmark interest rates considered in the valuation of these instruments do not result in an impact to earnings; however, there may be fair value adjustments related to credit quality variations between counterparties, which may impact earnings as required by FASB ASC 820. The Company recognized $3 thousand and $1 thousand in expense resulting from fair value adjustments during the three months ended March 31, 2017 and 2016, respectively, which were included in other income in the unaudited condensed consolidated statements of operations. March 31, 2017 December 31, 2016 Balance Sheet Location Notional Fair Value Notional Fair Value Other assets $ 44,497 $ 1,671 $ 45,236 $ 2,077 Other liabilities (44,497 ) (1,679 ) (45,236 ) (2,087 ) The Company has an International Swaps and Derivatives Association agreement with a third party that requires a minimum dollar transfer amount upon a margin call. This requirement is dependent on certain specified credit measures. The amount of collateral posted with the third party at March 31, 2017 and December 31, 2016 was $12.7 million and $13.8 million, respectively. The amount of collateral posted with the third party is deemed to be sufficient to collateralize both the fair market value change as well as any additional amounts that may be required as a result of a change in the specified credit measures. The aggregate fair value of all derivative financial instruments in a liability position with credit measure contingencies and entered into with the third party was $1.7 million and $2.0 million at March 31, 2017 and December 31, 2016, respectively. Risk Participation Agreement. During the three months ended March 31, 2017, the Bank entered into a risk participation agreement with a financial institution counterparty for an interest rate derivative contract (the “Agent Bank”) related to a loan in which the Bank is a participant. The risk protection agreement provides credit protection to the Agent Bank should the borrower fail to perform on its interest rate derivative contracts with the Agent Bank. The Bank received an upfront fee of $243 thousand upon entry into the risk participation agreement. The Bank manages its credit risk on the credit risk participation agreements by monitoring the creditworthiness of the borrower, which is based on the normal credit review process had the Bank entered into the derivative instruments directly with the borrower. The notional amount of such risk participation agreement reflects the Bank’s pro-rata share of the derivative instrument, consistent with its share of the related participated loan. As of March 31, 2017, the total notional amount of the risk participation agreement was $17.8 million and its fair value, recorded in other liabilities on the condensed consolidated statements of condition, was $3 thousand.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Deposits	(8) Deposits Deposits consist of the following major classifications: March 31, 2017 December 31, 2016 Interest-bearing demand deposits $ 674,458 $ 697,701 Non-interest-bearing demand deposits 405,208 397,311 Savings deposits 244,405 241,754 Time deposits under $250,000 349,142 338,615 Time deposits $250,000 or more 33,968 28,789 Brokered time deposits 26,808 37,193 Total $ 1,733,989 $ 1,741,363

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	(9) Earnings Per Share Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price for the period. Earnings Per Share Computation For the Three Months Ended March 31, 2017 2016 Net income $ 1,430 $ 826 Average common shares outstanding 18,986,015 18,739,739 Net effect of dilutive common stock equivalents 121,211 97,960 Adjusted average shares outstanding – dilutive 19,107,226 18,837,699 Basic income per share $ 0.08 $ 0.04 Diluted income per share $ 0.07 $ 0.04

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	(10) Commitments and Contingent Liabilities Letters of Credit In the normal course of business, the Company has various commitments and contingent liabilities, such as customers’ letters of credit (including standby letters of credit of $8.6 million and $10.1 million at March 31, 2017 and December 31, 2016, respectively) which are not reflected in the accompanying unaudited condensed consolidated financial statements. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Reserve for Unfunded Commitments The Company maintains a reserve for unfunded loan commitments and letters of credit which is reported in other liabilities in the unaudited condensed consolidated statements of financial condition consistent with FASB ASC 825, Financial Instruments. Contingencies Guarantees Reserves for Loans Sold The Company maintains a reserve for estimated losses inherent with residential mortgage loans sold to third-party purchasers with recourse and potential repair requests for guaranteed loans sold to the Small Business Administration (the “SBA”) in accordance with FASB ASC 450, Contingencies

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	(11) Fair Value of Financial Instruments The Company accounts for fair value measurement in accordance with FASB ASC 820, Fair Value Measurements and Disclosure FASB ASC 820 describes three levels of inputs that may be used to measure fair value: • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include: quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. • Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. FASB ASC 820 requires the Company to disclose the fair value of financial assets on both a recurring and non-recurring basis. The assets and liabilities measured at fair value on a recurring basis are as follows: Category Used for Fair Value Measurement March 31, 2017 Total Level 1 Level 2 Level 3 Assets: Investment securities available for sale: U.S. Treasury securities $ 3,497 $ 3,497 $ — $ — U.S. Government agency mortgage-backed securities 252,858 — 252,858 — Trust preferred securities 10,445 — — 10,445 Collateralized loan obligations 31,466 — 31,466 — Other securities 1,236 1,236 — — Hedged commercial loans 1,561 — 1,561 — Interest rate swaps 1,671 — 1,671 — Liabilities: Fair value interest rate swaps 146 — 146 — Interest rate swaps 1,679 — 1,679 — December 31, 2016 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,498 $ 2,498 $ — $ — U.S. Government agency mortgage-backed securities 244,658 — 244,658 — Trust preferred securities 9,851 — — 9,851 Collateralized loan obligations 37,319 — 37,319 — Other securities 1,360 1,360 — — Hedged commercial loans 1,634 — 1,634 — Interest rate swaps 2,077 — 2,077 — Liabilities: Fair value interest rate swaps 165 — 165 — Interest rate swaps 2,087 — 2,087 — Level 1 Valuation Techniques and Inputs U.S. Treasury securities. The Company reports U.S. Treasury securities at fair value utilizing Level 1 inputs. These securities are priced using observable quotations for the indicated security. Other securities. The other securities category is comprised of money market mutual funds. Given the short maturity structure and the expectation that the investment can be redeemed at par value, the fair value of these investments is assumed to be the book value. Level 2 Valuation Techniques and Inputs The majority of the Company’s investment securities are reported at fair value utilizing Level 2 inputs. Prices of these securities are obtained through independent, third-party pricing services. Prices obtained through these sources include market derived quotations and matrix pricing and may include both observable and unobservable inputs. Fair market values take into consideration data such as dealer quotes, new issue pricing, trade prices for similar issues, prepayment estimates, cash flows, market credit spreads and other factors. The Company reviews the output from the third-party providers for reasonableness by the pricing consistency among securities with similar characteristics, where available, and by comparing values with other pricing sources available to the Company. In general, the Level 2 valuation process uses the following significant inputs in determining the fair value of the Company’s different classes of investments: U.S. Government agency mortgage-backed securities. The Company’s agency mortgage-backed securities generally fall into one of two categories, fixed-rate agency mortgage-backed pools or adjustable-rate agency mortgage-backed pools. Fixed-rate agency mortgage-backed pools are evaluated based on spreads to actively traded To-Be-Announced and seasoned securities, the pricing of which is provided by inter-dealer brokers, broker dealers and other contributing firms active in trading the security class. Further delineation is made by weighted average coupon and weighted average maturity with spreads on individual securities relative to actively traded securities as determined and quality controlled using OAS valuations. Adjustable-rate agency mortgage-backed pools are valued on a bond equivalent effective margin (“BEEM”) basis obtained from broker-dealers and other contributing firms active in the market. BEEM levels are established for key sectors using characteristics such as month-to-roll, index, periodic and life caps and index margins and convertibility. Individual securities are then evaluated based on how their characteristics map to the sectors established. Collateralized loan obligations. The fair value measurements for collateralized loan obligations are obtained through quotes obtained from broker/dealers based on similar actively traded securities. Hedged commercial loans. The hedged commercial loans are one component of a declared hedging relationship as defined under FASB ASC 815. The interest rate swap component of the declared hedging relationship is carried at its fair value and the carrying value of the commercial loans included a similar change in fair values. The fair value of these loans is estimated through discounted cash flow analysis which utilizes available credit and interest rate market data on performance of similar loans. Interest rate swaps. The Company’s interest rate swaps, including fair value interest rate swaps and small exposures in interest rate caps and floors, are reported at fair value utilizing models provided by an independent, third-party and observable market data. When entering into an interest rate swap agreement, the Company is exposed to fair value changes due to interest rate movements, and also the potential nonperformance of our contract counterparty. Interest rate swaps are evaluated based on a zero coupon LIBOR curve created from readily observable data on LIBOR, interest rate futures and the interest rate swap markets. The zero coupon curve is used to discount the projected cash flows on each individual interest rate swap. In addition, the Company has developed a methodology to value the nonperformance risk based on internal credit risk metrics and the unique characteristics of derivative instruments, which include notional exposure rather than principal at risk and interest payment netting. The results of this methodology are used to adjust the base fair value of the instrument for the potential counterparty credit risk. Interest rate caps and floors are evaluated using industry standard options pricing models and observed market data on LIBOR and Eurodollar option and cap/floor volatilities. Level 3 Valuation Techniques and Inputs Trust preferred securities. The trust preferred securities are evaluated on a quarterly basis based on whether the security is an obligation of a single issuer or part of a securitization pool. For single issuer obligations, the Company uses discounted cash flow models which incorporate the contractual cash flow for each issue adjusted as necessary for any potential changes in amount or timing of cash flows. The cash flow model of a pooled issue incorporates anticipated loss rates and severities of the underlying collateral as well as credit support provided within the securitization. At least quarterly, the Company’s Treasury personnel review the modeling assumptions which include default assumptions, discount and forward rates. Changes in those assumptions could potentially have a significant impact on the fair value of the trust preferred securities. The cash flow model for the pooled issue owned by the Company at March 31, 2017 assumes no recovery on defaulted collateral, no recovery on securities in deferral and an additional 3.6% future default rate assumption on the remaining performing collateral every three years with no recovery rate. For trust preferred securities, projected cash flows are discounted at a rate based on a trading group of similar securities quoted on the New York Stock Exchange or over-the-counter markets which is reviewed for market data points such as credit rating, maturity, price and liquidity. The Company indexes the securities to a comparable maturity interest rate swap to determine the market spread, which is then used as the discount rate in the cash flow models. As of the reporting date, the market spreads were 2.75% for the pooled security and 5.25% for the single issuer. An increase or decrease of three percentage points in the discount rate on the pooled issue would result in a decrease of $1.8 million or an increase of $2.3 million in the security fair value, respectively. An increase or decrease of three percentage points in the discount on the single issuer would result in a decrease of $0.9 million or an increase of $1.5 million in the security fair value, respectively. The following provides details of the Level 3 fair value measurement activity for the three months ended March 31, 2017 and 2016: Fair Value Measurements Using Significant Unobservable Inputs-Level 3 Investment Securities For the Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 9,851 $ 10,175 Total gains, realized/unrealized: Included in earnings 1 — Included in accumulated other comprehensive income 594 (456 ) Purchases — — Maturities — — Prepayments — — Calls — — Transfers out of Level 3 — — Balance, end of period $ 10,446 $ 9,719 There were no transfers between the three levels for the three months ended March 31, 2017 and 2016. The Company evaluates its hierarchy on a quarterly basis to ensure proper classification. Certain assets are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The Company measures impaired loans, loans held-for-sale, bank properties and equipment and bank properties transferred to other real estate owned at fair value on a non-recurring basis. At March 31, 2017 and 2016, these assets were valued in accordance with GAAP and, except for impaired loans included in the following table, did not require fair value disclosure under the provisions of FASB ASC 820. The related changes in fair value for the three months ended March 31, 2017 and 2016 are as follows: Category Used for Fair Value Measurement Total Losses Or Changes in Net Assets / Total Level 1 Level 2 Level 3 Liabilities March 31, 2017 Assets: Impaired loans $ 1,679 $ — $ — $ 1,679 $ (53 ) March 31, 2016 Assets: Impaired loans $ 577 $ — $ — $ 577 $ (74 ) Under FASB ASC 310, the fair value of collateral dependent impaired loans is based on the fair value of the underlying collateral, typically real estate, which is based on valuations. It is the policy of the Company to obtain a current appraisal or evaluation when a loan has been identified as non-performing. The type of appraisal obtained will be commensurate with the size and complexity of the loan. The resulting value will be adjusted for the potential cost of liquidation and decline of values in the market. New appraisals are obtained on an annual basis until the loan is repaid in full, liquidated, or returns to performing status. While the loan policy dictates that a loan be assigned to the special assets department when it is placed on non-accrual status, there is a need for loan officers to consistently and accurately determine collateral values when a loan is initially designated as criticized or classified. The most effective means of determining the fair value of real estate collateral at a point in time is by obtaining a current appraisal or evaluation of the property. In anticipation of the receipt of a current appraisal or evaluation, the Company will provide for an alternative and interim means of determining the fair value of the real estate collateral, such as broker pricing. The most recent appraisal or reported value of the collateral securing a loan, net of a discount for the estimated cost of liquidation, is the Company’s basis for determining fair value. The following table summarizes the Company’s appraisal approach based upon loan category. Loan Category Used for Impairment Review Method of Determining the Value Loans less than $1 million Evaluation report or restricted use appraisal Loans $1 million or greater Existing appraisal 18 months or less Restricted use appraisal Existing appraisal greater than 18 months Summary form appraisal Commercial loans secured primarily by residential real estate Loans less than $1 million Automated valuation model Loans $1 million or greater Summary form appraisal Non-commercial loans secured primarily by residential real estate Loans less than $250,000 Automated valuation model or summary form appraisal Loans $250,000 or greater Summary form appraisal An evaluation report, as defined by the OCC, is a written report prepared by an appraiser that describes the real estate collateral, its condition, current and projected uses and sources of information used in the analysis, and provides an estimate of value in situations when an appraisal is not required. A restricted use appraisal is defined as a written report prepared under the Uniform Standards of Professional Appraisal Practice (“USPAP”). A restricted use appraisal is for the Company’s use only and contains a brief statement of information significant to the determination of the value of the collateral under review. This report can be used for ongoing collateral monitoring. A summary form appraisal is defined as a written report prepared under the USPAP which contains a detailed summary of all information significant to the determination of the collateral valuation. This report is more detailed than a restricted use report and provides sufficient information to enable the user to understand the rationale for the opinions and conclusions in the report. An automated valuation model is an internal computer program that estimates a property’s market value based on market, economic, and demographic factors. On a quarterly basis, or more frequently as necessary, the Company will review the circumstances of each collateral dependent loan and real estate owned property. A collateral dependent loan is defined as one that relies solely on the operation or the sale of the collateral for repayment. Adjustments to any specific reserve relating to a collateral shortfall, as compared to the outstanding loan balance, will be made if justified by appraisals, market conditions or current events concerning the credit. All appraisals received which are utilized to determine valuations for criticized and classified loans or properties placed in real estate owned are provided under an “as is” value. Partially charged off loans are measured for impairment upon receipt of an updated appraisal based on the relationship between the remaining balance of the charged down loan and the discounted appraised value. Such loans will remain on non-accrual status unless performance by the borrower warrants a return to accrual status. Recognition of non-accrual status occurs at the time a loan can no longer support principal and interest payments in accordance with the original terms and conditions of the loan documents. When impairment is determined, a specific reserve reflecting any calculated shortfall between the value of the collateral and the outstanding balance of the loan is recorded. Subsequent adjustments, prior to receipt of a new appraisal, to any related specific reserve will be made if justified by market conditions or current events concerning the loan. If an internal discount-based evaluation is being used, the discount percentage may be adjusted to reflect market changes, changes to the collateral value of similar credits or circumstances of the individual loan itself. The amount of the charge-off is determined by calculating the difference between the current loan balance and the current collateral valuation, plus estimated cost to liquidate. Impaired loan fair value measurements are based upon unobservable inputs, and therefore, are categorized as a Level 3 measurement. There were no impaired loans with specific reserves at both March 31, 2017 and 2016. There were no charge-offs recorded on impaired loans with a specific reserve during both the three months ended March 31, 2017, and 2016. Impaired loans held-for-investment with an aggregate carrying amount of $1.7 million and $577 thousand at March 31, 2017 and 2016, respectively, did not include specific reserves as the value of the underlying collateral was not below the carrying amount. However, these loans did include charge-offs of $53 thousand, none of which related to loans that were fully charged off at March 31, 2017 and $74 thousand, none of which related to loans that were fully charged off at March 31, 2016. Once a loan is determined to be uncollectible, the underlying collateral is repossessed and reclassified as other real estate owned. The balance of other real estate owned can also include bank properties transferred from operations. These assets are carried at the lower of cost or fair value of the collateral, less cost to sell. In some cases, adjustments are made to the appraised values for various factors including age of the appraisal, age of comparable properties included in the appraisal, and known changes in the market and the collateral. During the three months ended March 31, 2017 and 2016, the Company did not record a decrease in fair value on either commercial or consumer properties. In accordance with ASC 825-10-50-10, Fair Value of Financial Instruments, the Company is required to disclose the fair value of its financial instruments. The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a distressed sale. Fair value is best determined using observable market prices; however, for many of the Company’s financial instruments, no quoted market prices are readily available. In instances where quoted market prices are not readily available, fair value is determined using cash flow models or other techniques appropriate for the particular instrument. These techniques involve some degree of judgment and, as a result, are not necessarily indicative of the amounts the Company would realize in a current market exchange. Utilizing different assumptions or estimation techniques may have a material effect on the estimated fair value. Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities March 31, 2017 December 31, 2016 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets: Cash and due from banks $ 20,737 $ 20,737 $ 19,645 $ 19,645 Interest-earning bank balances 108,155 108,155 114,563 114,563 Restricted cash 1,000 1,000 5,000 5,000 Investment securities available-for-sale 299,502 299,502 295,686 295,686 Investment securities held-to-maturity 250 250 250 250 Loans receivable, net 1,593,198 1,576,654 1,592,743 1,575,818 Hedged commercial loans (1) 1,561 1,561 1,634 1,634 Restricted equity investments 15,806 15,806 15,791 15,791 Interest rate swaps 1,671 1,671 2,077 2,077 Liabilities: Demand deposits $ 1,079,666 $ 1,050,609 $ 1,095,012 $ 1,070,680 Savings deposits 244,405 236,876 241,754 235,216 Time deposits 409,917 416,972 404,597 412,903 Advances from FHLBNY 85,367 85,866 85,416 85,703 Junior subordinated debentures 92,786 64,478 92,786 64,282 Fair value interest rate swaps 146 146 165 165 Interest rate swaps 1,679 1,679 2,087 2,087 (1) Includes positive market value adjustment of $146 thousand and $165 thousand at March 31, 2017 and December 31, 2016, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815. Cash and cash equivalents. For cash and cash equivalents, the carrying amount is a reasonable estimate of fair value. This is a Level 1 fair value input. Restricted cash. For restricted cash, the carrying amount is a reasonable estimate of fair value. This is a Level 1 fair value input. Investment securities. For investment securities, fair values are based on a combination of quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded and price models, discounted cash flow methodologies, or similar techniques that may contain unobservable inputs that are supported by little or no market activity and require significant judgment. The fair value of available-for-sale securities is measured utilizing Level 1, Level 2, and Level 3 inputs. The fair value of held-to-maturity securities is measured utilizing Level 2 inputs. Loans receivable, net. The fair value of loans receivable is estimated using discounted cash flow analysis. Projected future cash flows are calculated using loan characteristics, and assumptions of voluntary and involuntary prepayment speeds. For performing loans, Level 2 inputs are utilized as the cash flow analysis is performed using available market data on the performance of similar loans. Projected cash flows are prepared using discount rates believed to represent current market rates. In the second quarter of 2016, an assumption change was made by the Company to the cash flow analysis to utilize loan spreads on loans for comparable banks in its local market as compared to national markets which was used previously. For non-performing loans, the cash flow assumptions are considered Level 3 inputs as market data is not readily available. Hedged commercial loans. The hedged commercial loans are one component of a declared hedging relationship as defined under FASB ASC 815. The interest rate swap component of the declared hedging relationship is carried at its fair value and the carrying value of the commercial loans includes a similar change in fair values. The fair value of these loans is measured utilizing Level 2 inputs. Restricted equity securities. Ownership in equity securities of the Federal Reserve Bank of Philadelphia (the “Federal Reserve Bank”), FHLBNY and Atlantic Central Bankers Bank is restricted and there is no established market for their resale. The carrying amount is a reasonable estimate of fair value. The fair value is based on Level 2 inputs. Interest rate swaps and fair value interest rate swaps. The Company’s derivative financial instruments are not exchange-traded and therefore are valued utilizing models with the primary input being readily observable market parameters, specifically the LIBOR swap curve. In addition, the Company incorporates a qualitative fair value adjustment related to credit quality variations between counterparties as required by FASB ASC 820. This is a level 2 input. Demand deposits, savings deposits and time deposits. The fair value of demand deposits and savings deposits is determined by projecting future cash flows using an estimated economic life based on account characteristics, a Level 2 input. The resulting cash flow is discounted using rates available on alternative funding sources. The fair value of time deposits is estimated using the rate and maturity characteristics of the deposits to estimate their cash flow. This cash flow is discounted at rates for similar term wholesale funding. Junior subordinated debentures. The fair value was estimated by discounting approximate cash flows of the borrowings by yields estimating the fair value of similar issues. The valuation model considers current market spreads, known and anticipated credit issues of the underlying collateral, term and reinvestment period and market transactions of similar issues, if available. This is a Level 3 input under the fair value hierarchy. The fair value estimates presented herein are based on pertinent information available to management as of March 31, 2017 and December 31, 2016. Although management is not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these condensed consolidated financial statements since those dates and, therefore, current estimates of fair value may differ significantly from the amount presented herein.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Regulatory Matters	(12) Regulatory Matters The Company is subject to risk-based capital guidelines adopted by the FRB for bank holding companies. The Bank is also subject to similar capital requirements adopted by the OCC. The federal bank regulatory agencies have established quantitative measures to ensure that minimum thresholds for Total Capital, Tier 1 Capital and Leverage (Tier 1 Capital divided by average assets) ratios (set forth in the table below) are maintained. Under applicable regulatory requirements, the Company and the Bank are required to maintain (1) a minimum common equity Tier 1 capital ratio of 4.5% of risk-weighted assets; (2) a minimum capital ratio of 6.0% of risk-weighted assets; (3) a minimum total capital ratio of 8.0% of risk-weighted assets; and (4) a minimum Tier 1 leverage capital ratio of 4.0%. Failure to meet minimum capital requirements can result in certain mandatory, and possibly additional discretionary, actions by the regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s consolidated financial statements. Furthermore, the Company and the Bank are required to maintain a minimum common equity Tier 1 capital conservation buffer (“Conservation Buffer”) to be applied to the common equity Tier 1 capital ratio, the Tier 1 capital ratio and the total capital ratio. The required minimum Conservation Buffer is being phased in incrementally, starting at 0.625% on January 1, 2016, increased to 1.25% on January 1, 2017, and will increase to 1.875% on January 1, 2018 and 2.5% on January 1, 2019. If a bank’s or bank holding company’s Conservation Buffer is less than the required minimum and its net income for the four calendar quarters preceding the applicable calendar quarter, net of any capital distributions and associated tax effects not already reflected in net income (“Eligible Retained Income”) is negative, it would be prohibited from making capital distributions or certain discretionary cash bonus payments to executive officers. As a result, under the applicable capital regulations, should the Company fail to maintain the Conservation Buffer, it would be subject to limits on, and in the event the Company has negative Eligible Retained Income for any four consecutive calendar quarters, we would be prohibited in, our ability to obtain capital distributions from the Bank. The following table provides both the Company’s and the Bank’s risk-based capital ratios as of March 31, 2017 and December 31, 2016. Regulatory Capital Levels Actual For Capital Adequacy Purposes Minimum Capital Requirement with Conservation Buffer (1) To Be Well Capitalized Under Prompt Corrective Action Provision (2) Amount Ratio Amount Ratio Amount Ratio Amount Ratio March 31, 2017: Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 357,177 21.88 % $ 130,618 8.00 % $ 151,027 9.25 % N/A Sun National Bank 307,118 18.82 130,548 8.00 150,946 9.25 $ 163,186 10.00 % Tier 1 common equity capital (to risk- weighted assets): Sun Bancorp, Inc. 257,846 15.79 73,473 4.50 93,882 5.75 N/A Sun National Bank 290,555 17.81 73,434 4.50 93,832 5.75 106,071 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 313,271 19.19 97,964 6.00 118,373 7.25 N/A Sun National Bank 290,555 17.81 97,911 6.00 118,309 7.25 130,548 8.00 Leverage capital: Sun Bancorp, Inc. 313,271 14.46 86,657 4.00 N/A N/A Sun National Bank 290,555 13.43 86,518 4.00 N/A 108,147 5.00 December 31, 2016: Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 354,078 21.63 % $ 130,929 8.00 % $ 141,157 8.625 % N/A Sun National Bank 324,196 19.85 130,664 8.00 140,872 8.625 $ 163,330 10.00 % Tier 1 common equity capital (to risk- weighted assets): Sun Bancorp, Inc. 262,386 16.03 73,647 4.50 83,876 5.125 N/A Sun National Bank 308,043 18.86 73,498 4.50 83,707 5.125 106,164 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 309,910 18.94 98,196 6.00 108,425 6.625 N/A Sun National Bank 308,043 18.86 97,998 6.00 108,206 6.625 130,664 8.00 Leverage capital: Sun Bancorp, Inc. 309,910 14.57 85,092 4.00 N/A N/A Sun National Bank 308,043 14.50 84,959 4.00 N/A 106,199 5.00 (1) Conservation Buffer of 1.25% became effective as of January 1, 2017. (2) Not applicable for bank holding companies. At March 31, 2017 and 2016, the Company and the Bank exceeded the required ratios for classification as “well capitalized.” On April 15, 2010, the Bank entered into a written agreement with the OCC (the “OCC Agreement”), which contained requirements to develop and implement a profitability and capital plan that would provide for the maintenance of adequate capital to support the Bank’s risk profile. The Bank also agreed to: (a) adopt and implement a program to protect the Bank’s interest in criticized or classified assets; (b) review and revise the Bank’s loan review program; (c) adopt and implement a program for the maintenance of an adequate allowance for loan losses; and (d) revise the Bank’s credit administration policies. The Bank also agreed that its brokered deposits will not exceed 6.0% of its total deposits unless approved by the OCC. Effective January 21, 2016, the OCC terminated the OCC Agreement and the individual minimum capital requirement to which the Bank was subject and the requirements noted above were eliminated. Separately, on January 21, 2016, without admitting or denying any wrongdoing, the Bank entered into a Consent Order with the OCC to pay a $25,000 civil money penalty in connection with various deficiencies identified by the OCC in the mortgage banking practices of Sun Home Loans, a former division of the Bank which was closed in July 2014 when the Bank exited the residential mortgage lending business as part of a comprehensive strategic restructuring. The identified deficiencies occurred from July 2011 through September 2013. In addition, the Company was required to seek the prior approval of the Federal Reserve Bank before paying interest, principal or other sums on trust preferred securities or any related subordinated debentures, declaring or paying cash dividends or receiving dividends from the Bank, repurchasing outstanding stock or incurring indebtedness. The Company also was required to submit, and periodically update, a capital plan, a profit plan and cash flow projections, as well as other progress reports to the Federal Reserve Bank. The foregoing requirements were terminated by the Federal Reserve Bank in October 2016. The Bank is subject to various statutory and regulatory restrictions on its ability to pay dividends to the Company. All national banks are limited in the payment of dividends without the approval of the OCC of a total amount not to exceed the net income for that year to date plus the retained income for the preceding two years. Federal law also prohibits national banks from paying dividends that would be greater than the bank’s undivided profits after deducting statutory bad debt in excess of the bank’s allowance for loan losses. Due to the Bank’s history of losses and retained deficit as of March 31, 2017, the Bank may not pay dividends; however, federal law permits the Bank to distribute cash or other assets to the Company through a reduction of capital, subject to approval by the OCC. At such time as the retained deficit is eliminated, any proposed dividends from the Bank to the Company are subject to regulatory approval until such time as net income for the current year combined with the prior two years is sufficient. Under the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”), an insured depository institution such as the Bank is prohibited from making capital distributions, including the payment of dividends, if, after making such distribution, the institution would become “undercapitalized” (as such term is used in the FDICIA). Payment of dividends by the Bank also may be restricted at any time at the discretion of the OCC if it deems the payment to constitute an unsafe and unsound banking practice. In the first quarter of 2017, the Bank applied for and received approval from the OCC to distribute $20 million to the Company as a return and reduction of capital. This distribution was completed in the first quarter of 2017. Federal Deposit Insurance Corporation (“FDIC”) assessment expense of $162 thousand and $460 thousand was recognized during the three months ended March 31, 2017 and 2016, respectively. The Company’s capital securities qualify as Tier 1 capital under federal regulatory guidelines. These instruments are subject to a 25% capital limitation under risk-based capital guidelines developed by the FRB. Under FRB rules, restricted core capital elements, which are qualifying trust preferred securities, qualifying cumulative perpetual preferred stock (and related surplus) and certain minority interests in consolidated subsidiaries, are limited in the aggregate to no more than 25% of a bank holding company’s core capital elements (including restricted core capital elements), net of goodwill less any associated deferred tax liability. However, under the Dodd-Frank Act, bank holding companies are prohibited from including in their Tier 1 capital hybrid debt and equity securities, including trust preferred securities, issued on or after May 19, 2010. Any such instruments issued before May 19, 2010 by a bank holding company, such as the Company, with total consolidated assets of less than $15 billion as of December 31, 2009, may continue to be included as Tier 1 capital (subject to the 25% limitation). The portion that exceeds the 25 percent capital limitation qualifies as Tier 2, or supplementary capital of the Company. At March 31, 2017, $62.7 million of a total of $90.0 million in capital securities qualified as Tier 1 with $27.3 million qualifying as Tier 2 capital.

Dividends

Dividends	3 Months Ended
	Mar. 31, 2017
Statement Of Stockholders Equity [Abstract]
Dividends	(14) Dividends: On April 25, 2017, the Company’s Board of Directors declared a quarterly cash dividend of $0.01 per share payable on June 6, 2017 to shareholders on record as of May 23, 2017.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. The accompanying unaudited condensed consolidated financial statements were prepared in accordance with the instructions to Form 10-Q, and therefore, do not include information or footnotes necessary for a complete presentation of financial condition, results of operations, comprehensive income (loss), changes in equity and cash flows in conformity with Accounting Principles Generally Accepted in the United States of America (“GAAP”). All normal recurring adjustments that, in the opinion of management, are necessary for a fair presentation of the unaudited condensed consolidated financial statements have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 filed with the SEC. The results for the three months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017 or any other period. The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The significant estimates include the allowance for loan losses, other-than-temporary impairment (“OTTI”) on investment securities, goodwill, and income taxes. Actual results may differ from these estimates under different assumptions or conditions.
Basis of Consolidation	Basis of Consolidation. The unaudited condensed consolidated financial statements include, after all intercompany balances and transactions have been eliminated, the accounts of the Company, its principal wholly owned subsidiary, the Bank, and the Bank’s wholly-owned subsidiaries, Prosperis Financial Solutions, 2020 Properties, L.L.C., and 4040 Properties, L.L.C. In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“FASB ASC”) 810-10, Consolidation , the Issuing Trusts are presented on a deconsolidated basis.
Segment Information	Segment Information. As defined in accordance with FASB ASC 280, Segment Reporting , the Company has one reportable and operating segment, “Community Banking.” All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and other borrowings and to manage interest rate and credit risk. In addition, the Company’s chief operating decision maker reviews the Company’s financial data on a consolidated basis when assessing financial performance. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash and cash equivalents includes cash and amounts due from banks, interest-earning bank balances and federal funds sold, all of which have original maturity dates of 90 days or less.
Restricted Cash	Restricted Cash. Restricted cash includes cash held as collateral against customer letters of credit held with another bank.
Investment Securities	Investment Securities. The Company’s investment portfolio includes both held-to-maturity and available-for-sale securities. The purchase and sale of the Company’s investment securities are recorded based on trade date accounting. At March 31, 2017 and December 31, 2016 the Company had $1.2 million and $0 of unsettled investment security purchase transactions, respectively. The following provides further information on the Company’s accounting for debt securities:
Held-to-Maturity	Held-to-Maturity – Investment securities that management has the positive intent and ability to hold until maturity are classified as held-to-maturity and carried at their remaining unpaid principal balance, net of unamortized premiums or unaccreted discounts. Premiums are amortized and discounts are accreted using the interest method over the estimated remaining term of the underlying security.
Available-for-Sale	Available-for-Sale – Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability and the yield of alternative investments, are classified as available-for-sale. These assets are carried at their estimated fair value. Fair values are based on quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded, or in some cases where there is limited activity or less transparency around inputs, internally developed discounted cash flow models. Unrealized gains and losses are excluded from earnings and are reported net of tax in accumulated other comprehensive income (loss) on the unaudited condensed consolidated statements of financial condition until realized, including those recognized through the non-credit component of an OTTI charge. In accordance with FASB ASC 325-40, Beneficial Interests in Securitized Financial Assets Investment – Debt and Equity Securities
Deferred Loan Fees	Deferred Loan Fees. Loans fees on loans held-for-investment, net of certain direct loan origination costs, are deferred and the balance is amortized to income as a yield adjustment over the life of the loan using the interest method.
Allowance for Loan Losses	Allowance for Loan Losses. The allowance for loan losses is determined by management based upon past experience, evaluation of estimated loss and impairment in the loan portfolio, current economic conditions and other pertinent factors. The allowance for loan losses is maintained at a level that management considers adequate to provide for estimated losses and impairment based upon an evaluation of known and inherent risk in the loan portfolio. Loan impairment is evaluated based on the fair value of collateral, less estimated selling costs. While management uses the best information available to make such evaluations, future adjustments to the allowance for loan losses may be necessary if economic conditions differ substantially from the assumptions used in making the evaluations. The provision for loan losses is based upon historical loan loss experience, a series of qualitative factors and an evaluation of estimated losses in the current loan portfolio, including the evaluation of impaired loans under FASB ASC 310, Receivables (“FASB ASC 310”). Values assigned to the qualitative factors and those developed from historic loss experience provide a dynamic basis for the calculation of reserve factors for both pass-rated loans (general pooled allowance) and those criticized and classified loans that continue to perform. For the commercial loan portfolio, historic loss and recovery experience over a two-year horizon, based on a rolling 28-quarter migration analysis, is taken into account for the quantitative factor component. For the non-commercial loan portfolio, the average loss history and recovery experience for a one-year period based on a rolling 12-quarter time period is utilized for the quantitative factor component. A loan is considered to be impaired when, based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan. An insignificant delay or insignificant shortfall in amount of payments does not necessarily result in the loan being identified as impaired. For this purpose, delays less than 90 days are considered to be insignificant. Impairment losses are included in the provision for loan losses. Loans not individually reviewed are evaluated as a group using reserve factor percentages based on historical loss experience and qualitative factors. Included in these qualitative factors are: • Levels of past due, classified and non-accrual loans, and troubled debt restructurings (“TDR”); • Nature, volume, and concentration of loans; • Historical loss trends; • Changes in lending policies and procedures, underwriting standards, collections, and for commercial loans, the level of loans being approved with exceptions to policy; • Experience, ability and depth of management and staff; • National and local economic and business conditions, including various market segments; • Quality of the Company’s loan review system and degree of Board oversight; and • Effect of external factors, including the deterioration of collateral values, on the level of estimated credit losses in the current portfolio. Commercial loans, including commercial real estate loans, are placed on non-accrual status at the time the loan has been delinquent for 90 days unless the loan is well secured and in the process of collection, and are generally charged-off no later than 180 days after becoming delinquent unless the loan is well secured and in the process of collection, or other extenuating circumstances support collection. Residential real estate loans are typically placed on non-accrual status at the time the loan has been delinquent for 90 days, and are generally charged-off no later than 180 days after becoming delinquent. Other consumer loans are placed on non-accrual status at the time the loan has been delinquent for 90 days, and are typically charged-off 180 days after becoming delinquent. In all cases, loans must be placed on non-accrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful.
Restricted Equity Securities	Restricted Equity Securities. Certain securities are classified as restricted equity securities because ownership is restricted and there is not an established market for their resale. These securities are carried at cost and are evaluated for impairment on a quarterly basis.
Bank Properties and Equipment	Bank Properties and Equipment. Land is carried at cost. Bank properties and equipment are stated at cost, less accumulated depreciation. Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful life of the asset, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years
Goodwill	Goodwill. Goodwill is the excess of the fair value of liabilities assumed over the fair value of tangible and identifiable intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests goodwill for impairment annually as of December 31, unless circumstances indicate that a test is required at an earlier date. The Company utilizes the two-step goodwill impairment test outlined in FASB ASC 350, Intangibles – Goodwill and Other (“FASB ASC 350”). Step one, which is used to identify potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. A reporting unit is an operating segment, or one level below an operating segment, as defined in FASB ASC 280. The Company has one reportable operating segment, “Community Banking,” and there are no components to this operating segment. If the fair value of a reporting unit exceeds its carrying value, goodwill of the reporting unit is not considered impaired and step two is therefore unnecessary. If the carrying amount of the reporting unit exceeds its fair value, the second step is performed to measure the amount of the impairment loss, if any. At December 31, 2016, the Company performed its annual goodwill impairment test, and step one of the analysis indicated that the Company’s fair value was greater than its carrying value; therefore, the Company’s goodwill was not impaired at December 31, 2016. Since that time, no event has occurred nor have circumstances changed that would more likely than not reduce the fair value of the reporting unit below its carrying amount. The carrying amount of goodwill totaled $38.2 million at both March 31, 2017 and December 31, 2016.
Bank Owned Life Insurance ("BOLI")	Bank Owned Life Insurance (“BOLI”). The Company has purchased life insurance policies on certain key employees. These policies are recorded at their cash surrender value, or the amount that can be realized in accordance with FASB ASC 325-30, Investments in Insurance Contracts . At March 31, 2017, the Company had $28.7 million invested in a general account and $54.9 million in a separate account, for a total BOLI cash surrender value of $83.6 million. The BOLI separate account is invested in a mortgage-backed securities fund, which is managed by an independent investment firm. Pricing volatility of these underlying instruments may have an impact on investment income; however, the fluctuations would be partially mitigated by a stable value wrap agreement which is a component of the separate account. Income from these policies and changes in the cash surrender value are recorded in BOLI income in the unaudited condensed consolidated statements of operations.
Accounting for Income Taxes	Accounting for The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes (“FASB ASC 740”). FASB ASC 740 requires the recording of deferred income taxes that reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management exercises significant judgment in the evaluation of the amount and timing of the recognition of the resulting tax assets and liabilities. The judgments and estimates required for the evaluation are updated based upon changes in business factors and the tax laws. If actual results differ from the assumptions and other considerations used in estimating the amount and timing of tax recognized, there can be no assurance that additional expenses will not be required in future periods. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the unaudited condensed consolidated statements of operations. Assessment of uncertain tax positions under FASB ASC 740 requires careful consideration of the technical merits of a position based on management’s analysis of tax regulations and interpretations. Significant judgment is applied when addressing the requirements of FASB ASC 740. In determining whether to establish or maintain a valuation allowance against a deferred tax asset, the Company reviews available evidence to determine whether it is more likely than not that all or a portion of the Company’s net deferred tax assets will be realized in future periods. Consideration is given to various positive and negative factors that could affect the realization of the net deferred tax assets. In making such a determination, the Company considers, among other things, future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, historical financial performance, the ability to carry back losses to recoup taxes previously paid, the length of statutory carry forward periods, experience with operating loss and tax credit carry forwards not expiring unused. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss). The Company classifies items of accumulated comprehensive income (loss) by their nature and displays the details of other comprehensive income (loss) in the unaudited condensed consolidated statements of comprehensive income. Amounts categorized as comprehensive income (loss) represent net unrealized gains or losses on investment securities available-for-sale, net of tax and the non-credit portion of any OTTI loss not recorded in earnings. Reclassifications are made to avoid double counting items which are displayed as part of net income for the period. These reclassifications for the three months ended March 31, 2017 and 2016 were as follows: For the Three Months Ended March 31, 2017 2016 Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding gains on securities available-for -sale during the period $ 693 $ (283 ) $ 410 $ 1,715 $ (701 ) $ 1,014 Reclassification adjustment for net gains included in net income (4 ) 2 (2 ) — — — Net unrealized gain on securities available-for-sale $ 689 $ (281 ) $ 408 $ 1,715 $ (701 ) $ 1,014
Earnings Per Common Share	Earnings Per Common Share. Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price of common shares sold during the period. Dilution is not considered when the Company is in a net loss position.
Recent Accounting Principles	Recent Accounting Principles. In March 2017, The FASB issued ASU 2017-08: Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In January 2017, The FASB issued ASU 2017-04: Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In November 2016, The FASB issued ASU 2016-18: Statement of Cash Flows (Topic 230): Restricted Cash. The amendments in this ASU require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustment should be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the impact of the adoption of this ASU on its financial statements. In August 2016, the FASB issued ASU 2016-15: Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU 2016-13: Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, In March 2016, the FASB issued ASU 2016-09: Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, In February 2016, the FASB issued ASU 2016-02: Leases (Topic 842) In January 2016, the FASB issued ASU 2016-01: Financial Instruments- Overall (Subtopic 825-10) In May 2014, the FASB issued ASU 2014-09: Revenue from Contracts with Customers (Topic 606): Summary and Amendments That Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs-Contracts with Customers (Subtopic 340-40), Conforming Amendments to Other Topics and Subtopics in the Codification and Status Tables, Background Information and Basis for Conclusions.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Estimated Useful Lives of Bank Properties and Equipment	Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful life of the asset, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years
Reclassifications of Accumulated Other Comprehensive Income (Loss) Items	These reclassifications for the three months ended March 31, 2017 and 2016 were as follows: For the Three Months Ended March 31, 2017 2016 Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding gains on securities available-for -sale during the period $ 693 $ (283 ) $ 410 $ 1,715 $ (701 ) $ 1,014 Reclassification adjustment for net gains included in net income (4 ) 2 (2 ) — — — Net unrealized gain on securities available-for-sale $ 689 $ (281 ) $ 408 $ 1,715 $ (701 ) $ 1,014

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Options Activity	Activity in the Company’s stock option plans for the three months ended March 31, 2017 and March 31, 2016 was as follows: Summary of Options Activity Weighted Number Average Number of Exercise of Options Options Price Exercisable Outstanding as of January 1, 2017 571,883 $ 22.37 234,564 Granted — — — Exercised (3,133 ) 18.41 — Forfeited (1,627 ) 19.46 — Expired (3,824 ) 26.15 — Outstanding as of March 31, 2017 563,299 $ 22.46 288,366 Options vested or expected to vest (1) 417,637 $ 19.64 — (1) Includes vested Options and nonvested Options after the application of a forfeiture rate, which is based upon historical data. Weighted Number Average Number of Exercise of Options Options Price Exercisable Outstanding as of January 1, 2016 509,097 $ 23.84 163,443 Granted 123,739 21.08 — Exercised (110 ) 16.80 — Forfeited (12,619 ) 26.19 — Expired — — — Outstanding as of March 31, 2016 620,107 $ 23.24 — Options vested or expected to vest (1) 464,458 $ 24.44 — (1) Includes vested Options and nonvested Options after the application of a forfeiture rate, which is based upon historical data.
Summary of Weighted Average Assumptions Used to Calculate Fair Value of Option Granted	Significant weighted average assumptions used to calculate the fair value of the Options granted during the three months ended March 31, 2017 and 2016 are as follows: For the Three Months Ended March 31, 2017 2016 Weighted average fair value of Options granted $ — $ 5.90 Weighted average risk-free rate of return — 1.29 % Weighted average expected option life in months — 50 Weighted average expected volatility — 33 % Expected dividends (1) $ — $ — (1) The fair value of future grants of Options will be impacted by the issuance of quarterly cash dividends.
Summary of Nonvested Stock Award Activity	A summary of the Company’s nonvested Stock Award activity during the three months ended March 31, 2017 and 2016 are presented in the following tables: Summary of Nonvested Stock Award Activity Weighted Average Grant Number Date of Fair Shares Value Nonvested Stock Awards outstanding, January 1, 2017 254,976 $ 20.18 Issued 102,710 26.16 Vested (13,013 ) 16.80 Forfeited (940 ) 19.21 Nonvested Stock Awards outstanding, March 31, 2017 343,733 $ 21.85 Weighted Average Grant Number Date of Fair Shares Value Nonvested Stock Awards outstanding, January 1, 2016 279,964 $ 18.42 Issued 48,158 15.17 Vested (1,429 ) 16.80 Forfeited (8,813 ) 14.61 Nonvested Stock Awards outstanding, March 31, 2016 317,880 $ 18.04

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Available for Sale and Held to Maturity Investment	The amortized cost of investment securities and the approximate fair value at March 31, 2017 and December 31, 2016 were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value March 31, 2017 Available-for-sale: U.S. Treasury securities $ 3,500 $ — $ (3 ) $ 3,497 U.S. Government agency mortgage-backed securities 254,895 459 (2,496 ) 252,858 Trust preferred securities 12,024 — (1,579 ) 10,445 Collateralized loan obligations 31,474 8 (16 ) 31,466 Other securities 1,261 — (25 ) 1,236 Total available-for-sale 303,154 467 (4,119 ) 299,502 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 303,404 $ 467 $ (4,119 ) $ 299,752 December 31, 2016 Available-for-sale: U.S. Treasury securities $ 2,498 $ — $ — $ 2,498 U.S. Government agency mortgage-backed securities 246,650 583 (2,575 ) 244,658 Trust preferred securities 12,023 — (2,172 ) 9,851 Collateralized loan obligations 37,471 8 (160 ) 37,319 Other securities 1,386 — (26 ) 1,360 Total available-for-sale 300,028 591 (4,933 ) 295,686 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 300,278 $ 591 $ (4,933 ) $ 295,936
Gross Unrealized Losses by Investment Category	The following table provides the gross unrealized losses and estimated fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position at March 31, 2017 and December 31, 2016: Gross Unrealized Losses by Investment Category Less than 12 Months 12 Months or Longer Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses March 31, 2017 U.S. Treasury securities $ 3,497 $ (3 ) $ — $ — $ 3,497 $ (3 ) U.S. Government agency mortgage-backed securities 164,398 (2,061 ) 11,196 (435 ) 175,594 (2,496 ) Trust preferred securities — — 10,445 (1,579 ) 10,445 (1,579 ) Collateralized loan obligations 21,986 (2 ) 7,985 (14 ) 29,971 (16 ) Other securities 975 (25 ) — — 975 (25 ) Total $ 190,856 $ (2,091 ) $ 29,626 $ (2,028 ) $ 220,482 $ (4,119 ) December 31, 2016 U.S. Government agency mortgage-backed securities 108,070 (1,683 ) 54,757 (892 ) 162,827 (2,575 ) Trust preferred securities — — 9,851 (2,172 ) 9,851 (2,172 ) Collateralized loan obligations — — 33,825 (160 ) 33,825 (160 ) Other securities 975 (26 ) — — 975 (26 ) Total $ 109,045 $ (1,709 ) $ 98,433 $ (3,224 ) $ 207,478 $ (4,933 )
Contractual Maturities of Investment Securities	The amortized cost and estimated fair value of the investment securities, by contractual maturity, at March 31, 2017 and December 31, 2016 are shown below. Actual maturities will differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Held to Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value March 31, 2017 Due in one year or less $ 3,513 $ 3,510 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 31,474 31,466 — — Due after ten years 13,024 11,420 — — Total investment securities, excluding mortgage- backed securities 48,259 46,644 250 250 U.S. Government agency mortgage-backed securities 254,895 252,858 — — Total investment securities $ 303,154 $ 299,502 $ 250 $ 250 December 31, 2016 Due in one year or less $ 2,635 $ 2,635 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 37,471 37,319 — — Due after ten years 13,024 10,826 — — Total investment securities, excluding mortgage- backed securities 53,378 51,028 250 250 U.S. Government agency mortgage-backed securities 246,650 244,658 — — Total investment securities $ 300,028 $ 295,686 $ 250 $ 250

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loan Receivable Components	The components of loans receivable as of March 31, 2017 and December 31, 2016 were as follows: Loan Components March 31, 2017 December 31, 2016 Commercial: Commercial and industrial $ 230,306 $ 235,946 Commercial real estate owner occupied 261,971 231,348 Commercial real estate non-owner occupied 729,102 742,662 Land and development 67,336 67,165 Consumer: Home equity lines of credit 105,885 110,377 Home equity term loans 8,405 9,104 Residential real estate 205,573 210,874 Other 1,897 2,442 Total gross loans held-for-investment 1,610,475 1,609,918 Allowance for loan losses (15,716 ) (15,541 ) Net loans held-for-investment $ 1,594,759 $ 1,594,377
Loans on Non-Accrual Status	The following table is a comparison of the Company’s non-accrual loans as of March 31, 2017 and December 31, 2016: Loans on Non-Accrual Status March 31, 2017 December 31, 2016 Commercial: Commercial & industrial $ 78 $ — Commercial real estate owner occupied 216 213 Commercial real estate non-owner occupied 504 517 Consumer: Home equity lines of credit 68 72 Home equity term loans 68 Residential real estate 1,748 810 Other — 85 Total non-accrual loans $ 2,682 $ 1,697 Troubled debt restructuring, non-accrual $ 1,395 $ 1,404

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Allowance for Loan Losses and Recorded Investment in Financing Receivables	Changes in the allowance for loan losses were as follows: Allowance for Loan Losses and Recorded Investment in Financing Receivables For the Three Months Ended March 31, 2017 Commercial Residential and Commercial Land & Home Real Industrial Real Estate Development Equity (1) Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Charge-offs — — — (33 ) (49 ) (16 ) $ (98 ) Recoveries 58 98 46 51 3 17 273 Net recoveries (charge-offs) 58 98 46 18 (46 ) 1 175 Provision for (recovery of) loan losses 43 302 (62 ) (88 ) (35 ) (160 ) — Ending balance $ 2,254 $ 7,950 $ 588 $ 2,279 $ 2,567 $ 78 $ 15,716 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,254 $ 7,950 $ 588 $ 2,279 $ 2,567 $ 78 $ 15,716 Financing Receivables: Ending balance $ 230,306 $ 991,073 $ 67,336 $ 114,290 $ 205,573 $ 1,897 $ 1,610,475 Ending balance: individually evaluated for impairment $ 78 $ 841 $ — $ 136 $ 3,022 $ — $ 4,077 Ending balance: collectively evaluated for impairment $ 230,228 $ 990,232 $ 67,336 $ 114,154 $ 202,551 $ 1,897 $ 1,606,398 (1) Amount includes both home equity lines of credit and term loans. (2) Includes the unallocated portion of the allowance for loan losses. For the Three Months Ended March 31, 2016 Commercial Residential and Commercial Land & Home Real Industrial Real Estate Development Equity (1) Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,921 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 42 $ 18,008 Charge-offs (11 ) (69 ) — (165 ) (74 ) (106 ) $ (425 ) Recoveries 52 46 71 117 22 61 369 Net charge-offs 41 (23 ) 71 (48 ) (52 ) (45 ) (56 ) (Recovery of) provision for loan losses (268 ) 391 236 (226 ) (263 ) 130 — Ending balance $ 2,694 $ 8,510 $ 1,365 $ 2,542 $ 2,714 $ 127 $ 17,952 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,694 $ 8,510 $ 1,365 $ 2,542 $ 2,714 $ 127 $ 17,952 Financing Receivables: Ending balance $ 222,828 $ 885,998 $ 86,520 $ 136,844 $ 241,891 $ 3,817 $ 1,577,898 Ending balance: individually evaluated for impairment $ — $ 615 $ — $ 83 $ 3,110 $ 96 $ 3,904 Ending balance: collectively evaluated for impairment $ 222,828 $ 885,383 $ 86,520 $ 136,761 $ 238,781 $ 3,721 $ 1,573,994 (1) Amount includes both home equity lines of credit and term loans. (2) Includes the unallocated portion of the allowance for loan losses.
Components of Impaired Loans Held-for-Investment	The following table presents the Company’s components of impaired loans receivable, segregated by class of loans. Commercial and consumer loans that were collectively evaluated for impairment are not included in the data that follows: Impaired Loans As of March 31, 2017 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized For the Three Months Ended March 31, 2017 With no related allowance: Commercial: CRE owner occupied $ 327 $ 506 $ — $ 330 $ — $ — CRE non-owner occupied 504 512 — 510 — — Consumer: Residential real estate 3,022 3,386 — 3,047 — — Home equity lines of credit 68 72 — 70 — — Home equity term loans 68 83 — 68 — — Other 78 87 — 81 — — With an allowance recorded: N/A Total commercial $ 831 $ 1,018 $ — $ 840 $ — $ — Total consumer $ 3,236 $ 3,628 $ — $ 3,266 $ — $ — Impaired Loans As of March 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized For the Three Months Ended March 31, 2016 With no related allowance: Commercial: CRE non-owner occupied $ 613 $ 834 $ — $ 622 $ — $ — Consumer: Residential real estate 3,110 3,237 — 3,134 — — Home equity term loans 83 92 — 85 — — Other 96 96 — 99 — — With an allowance recorded: N/A Total commercial $ 613 $ 834 $ — $ 622 $ — $ — Total consumer $ 3,289 $ 3,425 $ — $ 3,318 $ — $ —
Company's Distribution of Risk Ratings within Held-for-Investment Loan Portfolio	The following table presents the Company’s distribution of risk ratings within the Company’s loan portfolio, segregated by class, as of March 31, 2017 and December 31, 2016: Credit Quality Indicators by Internally Assigned Grade Commercial & industrial Commercial real estate owner occupied Commercial real estate non- owner occupied Land and development Home Equity Lines of Credit Home Equity Term Loans Residential Real Estate Other Total As of March 31, 2017 Grade: Pass $ 228,260 $ 260,285 $ 728,598 $ 67,336 $ 105,817 $ 8,337 $ 202,223 $ 1,897 $ 1,602,753 Special Mention — — — — — — — — — Substandard 2,046 1,686 504 — 68 68 3,350 — 7,722 Doubtful — — — — — — — — — Total $ 230,306 $ 261,971 $ 729,102 $ 67,336 $ 105,885 $ 8,405 $ 205,573 $ 1,897 $ 1,610,475 As of December 31, 2016 Grade: Pass $ 233,907 $ 229,635 $ 742,146 $ 67,165 $ 110,377 $ 9,032 $ 208,460 $ 2,357 $ 1,603,079 Special Mention — — — — — — — — — Substandard 2,039 1,713 516 — — 72 2,414 85 6,839 Doubtful — — — — — — — — — Total $ 235,946 $ 231,348 $ 742,662 $ 67,165 $ 110,377 $ 9,104 $ 210,874 $ 2,442 $ 1,609,918
Company's Analysis of Past Due Held-for-Investment Loans	The following table presents the Company’s analysis of past due loans, segregated by class of loans, as of March 31, 2017 and December 31, 2016: Aging of Receivables 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables As of March 31, 2017 Commercial: Commercial and industrial $ — $ — $ — $ — $ 230,306 $ 230,306 CRE owner occupied — 70 295 365 261,606 261,971 CRE non-owner occupied 678 — 323 1,001 728,101 729,102 Land and development — — — — 67,336 67,336 Consumer: Home equity lines of credit 1,083 30 68 1,181 104,704 105,885 Home equity term loans — — — — 8,405 8,405 Residential real estate 1,272 539 951 2,762 202,811 205,573 Other — 6 — 6 1,891 1,897 Total $ 3,033 $ 645 $ 1,637 $ 5,315 $ 1,605,160 $ 1,610,475 As of December 31, 2016 Commercial: Commercial and industrial $ — $ — $ — — $ 235,946 $ 235,946 CRE owner occupied — — 269 269 231,079 231,348 CRE non-owner occupied 331 — 185 516 742,146 742,662 Land and development — — — — 67,165 67,165 Consumer: Home equity lines of credit 367 — — 367 110,010 110,377 Home equity term loans 121 — — 121 8,983 9,104 Residential real estate 4,020 851 744 5,615 205,259 210,874 Other 59 7 85 151 2,291 2,442 Total $ 4,898 $ 858 $ 1,283 $ 7,039 $ 1,602,879 $ 1,609,918

Derivatives, Hedging Activiti27

Derivatives, Hedging Activities and Other Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary of Interest Rate Swaps Designated as Fair Value Hedges	Summary of Interest Rate Swaps Designated As Fair Value Hedges March 31, 2017 December 31, 2016 Balance Sheet Location Notional Fair Value Notional Fair Value Other liabilities $ 1,414 $ (146 ) $ 1,468 $ (165 )
Summary of Interest Rate Swaps Components	Summary of Interest Rate Swap Components March 31, 2017 December 31, 2016 Weighted average pay rate 7.22 % 7.22 % Weighted average receive rate 1.73 % 1.73 % Weighted average maturity in years 2.8 2.9
Summary of Interest Rate Swaps Not Designated as Hedging Instruments	March 31, 2017 December 31, 2016 Balance Sheet Location Notional Fair Value Notional Fair Value Other assets $ 44,497 $ 1,671 $ 45,236 $ 2,077 Other liabilities (44,497 ) (1,679 ) (45,236 ) (2,087 )

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Major Classifications of Deposits	Deposits consist of the following major classifications: March 31, 2017 December 31, 2016 Interest-bearing demand deposits $ 674,458 $ 697,701 Non-interest-bearing demand deposits 405,208 397,311 Savings deposits 244,405 241,754 Time deposits under $250,000 349,142 338,615 Time deposits $250,000 or more 33,968 28,789 Brokered time deposits 26,808 37,193 Total $ 1,733,989 $ 1,741,363

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Summary of Earnings Per Share Computation	Earnings Per Share Computation For the Three Months Ended March 31, 2017 2016 Net income $ 1,430 $ 826 Average common shares outstanding 18,986,015 18,739,739 Net effect of dilutive common stock equivalents 121,211 97,960 Adjusted average shares outstanding – dilutive 19,107,226 18,837,699 Basic income per share $ 0.08 $ 0.04 Diluted income per share $ 0.07 $ 0.04

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	The assets and liabilities measured at fair value on a recurring basis are as follows: Category Used for Fair Value Measurement March 31, 2017 Total Level 1 Level 2 Level 3 Assets: Investment securities available for sale: U.S. Treasury securities $ 3,497 $ 3,497 $ — $ — U.S. Government agency mortgage-backed securities 252,858 — 252,858 — Trust preferred securities 10,445 — — 10,445 Collateralized loan obligations 31,466 — 31,466 — Other securities 1,236 1,236 — — Hedged commercial loans 1,561 — 1,561 — Interest rate swaps 1,671 — 1,671 — Liabilities: Fair value interest rate swaps 146 — 146 — Interest rate swaps 1,679 — 1,679 — December 31, 2016 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,498 $ 2,498 $ — $ — U.S. Government agency mortgage-backed securities 244,658 — 244,658 — Trust preferred securities 9,851 — — 9,851 Collateralized loan obligations 37,319 — 37,319 — Other securities 1,360 1,360 — — Hedged commercial loans 1,634 — 1,634 — Interest rate swaps 2,077 — 2,077 — Liabilities: Fair value interest rate swaps 165 — 165 — Interest rate swaps 2,087 — 2,087 —
Summary of Assets Measured at Fair Value on Non Recurring Basis	At March 31, 2017 and 2016, these assets were valued in accordance with GAAP and, except for impaired loans included in the following table, did not require fair value disclosure under the provisions of FASB ASC 820. The related changes in fair value for the three months ended March 31, 2017 and 2016 are as follows: Category Used for Fair Value Measurement Total Losses Or Changes in Net Assets / Total Level 1 Level 2 Level 3 Liabilities March 31, 2017 Assets: Impaired loans $ 1,679 $ — $ — $ 1,679 $ (53 ) March 31, 2016 Assets: Impaired loans $ 577 $ — $ — $ 577 $ (74 )
Valuation Methods for Determining Fair Value of Impairment Loans	The following table summarizes the Company’s appraisal approach based upon loan category. Loan Category Used for Impairment Review Method of Determining the Value Loans less than $1 million Evaluation report or restricted use appraisal Loans $1 million or greater Existing appraisal 18 months or less Restricted use appraisal Existing appraisal greater than 18 months Summary form appraisal Commercial loans secured primarily by residential real estate Loans less than $1 million Automated valuation model Loans $1 million or greater Summary form appraisal Non-commercial loans secured primarily by residential real estate Loans less than $250,000 Automated valuation model or summary form appraisal Loans $250,000 or greater Summary form appraisal
Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities	Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities March 31, 2017 December 31, 2016 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets: Cash and due from banks $ 20,737 $ 20,737 $ 19,645 $ 19,645 Interest-earning bank balances 108,155 108,155 114,563 114,563 Restricted cash 1,000 1,000 5,000 5,000 Investment securities available-for-sale 299,502 299,502 295,686 295,686 Investment securities held-to-maturity 250 250 250 250 Loans receivable, net 1,593,198 1,576,654 1,592,743 1,575,818 Hedged commercial loans (1) 1,561 1,561 1,634 1,634 Restricted equity investments 15,806 15,806 15,791 15,791 Interest rate swaps 1,671 1,671 2,077 2,077 Liabilities: Demand deposits $ 1,079,666 $ 1,050,609 $ 1,095,012 $ 1,070,680 Savings deposits 244,405 236,876 241,754 235,216 Time deposits 409,917 416,972 404,597 412,903 Advances from FHLBNY 85,367 85,866 85,416 85,703 Junior subordinated debentures 92,786 64,478 92,786 64,282 Fair value interest rate swaps 146 146 165 165 Interest rate swaps 1,679 1,679 2,087 2,087 (1) Includes positive market value adjustment of $146 thousand and $165 thousand at March 31, 2017 and December 31, 2016, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815.
Investment Securities [Member]
Summary of Level 3 Fair Value Measurement Activity	The following provides details of the Level 3 fair value measurement activity for the three months ended March 31, 2017 and 2016: Fair Value Measurements Using Significant Unobservable Inputs-Level 3 Investment Securities For the Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 9,851 $ 10,175 Total gains, realized/unrealized: Included in earnings 1 — Included in accumulated other comprehensive income 594 (456 ) Purchases — — Maturities — — Prepayments — — Calls — — Transfers out of Level 3 — — Balance, end of period $ 10,446 $ 9,719

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Risk-Based Capital Ratios	The following table provides both the Company’s and the Bank’s risk-based capital ratios as of March 31, 2017 and December 31, 2016. Regulatory Capital Levels Actual For Capital Adequacy Purposes Minimum Capital Requirement with Conservation Buffer (1) To Be Well Capitalized Under Prompt Corrective Action Provision (2) Amount Ratio Amount Ratio Amount Ratio Amount Ratio March 31, 2017: Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 357,177 21.88 % $ 130,618 8.00 % $ 151,027 9.25 % N/A Sun National Bank 307,118 18.82 130,548 8.00 150,946 9.25 $ 163,186 10.00 % Tier 1 common equity capital (to risk- weighted assets): Sun Bancorp, Inc. 257,846 15.79 73,473 4.50 93,882 5.75 N/A Sun National Bank 290,555 17.81 73,434 4.50 93,832 5.75 106,071 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 313,271 19.19 97,964 6.00 118,373 7.25 N/A Sun National Bank 290,555 17.81 97,911 6.00 118,309 7.25 130,548 8.00 Leverage capital: Sun Bancorp, Inc. 313,271 14.46 86,657 4.00 N/A N/A Sun National Bank 290,555 13.43 86,518 4.00 N/A 108,147 5.00 December 31, 2016: Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 354,078 21.63 % $ 130,929 8.00 % $ 141,157 8.625 % N/A Sun National Bank 324,196 19.85 130,664 8.00 140,872 8.625 $ 163,330 10.00 % Tier 1 common equity capital (to risk- weighted assets): Sun Bancorp, Inc. 262,386 16.03 73,647 4.50 83,876 5.125 N/A Sun National Bank 308,043 18.86 73,498 4.50 83,707 5.125 106,164 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 309,910 18.94 98,196 6.00 108,425 6.625 N/A Sun National Bank 308,043 18.86 97,998 6.00 108,206 6.625 130,664 8.00 Leverage capital: Sun Bancorp, Inc. 309,910 14.57 85,092 4.00 N/A N/A Sun National Bank 308,043 14.50 84,959 4.00 N/A 106,199 5.00 (1) Conservation Buffer of 1.25% became effective as of January 1, 2017. (2) Not applicable for bank holding companies.

Organization - Additional Infor

Organization - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017TrustLocationBranchesOffice
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	5
Number of locations | Location	35
Number of branch offices | Branches	30
Number of loan production office | Office	1
DELAWARE
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	4
CONNECTICUT
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	1

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)Segment	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of reportable operating segment | Segment	1
Unsettled investment security purchase transactions	$ 1,200,000		$ 0
Other than temporary impairment losses investments	$ 0	$ 0
Commercial loans and commercial real estate loans placed on non-accrual status	90 days
Goodwill impairment			0
Carrying amount of goodwill	$ 38,188,000		38,188,000
Investments in general account	28,700,000
Investments in separate account	54,900,000
Bank owned life insurance (BOLI)	$ 83,593,000		$ 83,109,000
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Other consumer loans placed on non-accrual status	90 days
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Residential real estate loans placed on non-accrual status	90 days
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans delayed before impairment period	90 days

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Summary of Estimated Useful Lives of Bank Properties and Equipment (Detail)	3 Months Ended
	Mar. 31, 2017
Buildings [Member]
Property Plant And Equipment [Line Items]
Estimated Useful Life	40 years
Leasehold Improvements [Member]
Property Plant And Equipment [Line Items]
Estimated Useful Life	Lesser of the useful life or the remaining lease term, including renewals, if applicable
Computer Software [Member]
Property Plant And Equipment [Line Items]
Estimated Useful Life	3 years
Minimum [Member] | Furniture, Fixtures and Equipment [Member]
Property Plant And Equipment [Line Items]
Estimated Useful Life	3 years
Maximum [Member] | Furniture, Fixtures and Equipment [Member]
Property Plant And Equipment [Line Items]
Estimated Useful Life	10 years

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Reclassifications of Accumulated Other Comprehensive Income (Loss) Items (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income	$ 408	$ 1,014
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Unrealized holding gains on securities available for sale during the period, Pre-tax	693	1,715
Unrealized holding gains on securities available for sale during the period, Tax	(283)	(701)
Unrealized holding gains on securities available for sale during the period, After-tax	410	1,014
Reclassification adjustment for net gains included in net income, Pre-tax	(4)
Reclassification adjustment for net gains included in net income, Tax	2
Reclassification adjustment for net gains included in net income, After-tax	(2)
Net unrealized gain on securities available for sale, Pre-tax	689	1,715
Net unrealized gain on securities available for sale, Tax	(281)	(701)
Other comprehensive income	$ 408	$ 1,014

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based incentive plans, options expiry term		10 years
Number of Options, Granted		0	123,739
Weighted average remaining contractual term for Options outstanding		6 years 10 months 24 days
Weighted average remaining contractual term for Options exercisable		5 years 6 months
Aggregate intrinsic value for Options outstanding		$ 2,300,000
Aggregate intrinsic value of Options exercisable		$ 1,000
Stock Option granted exercise period		10 years
Number of shares issued		102,710	48,158
Total compensation expense recognized on stock award		$ 720,000	$ 553,000
Total unrecognized compensation cost related to options		6,600,000
Total unrecognized compensation cost related to nonvested stock awards		$ 6,600,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost of stock awards recognized over a weighted average period		2 years 10 months 24 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted		102,710	48,158
Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost of stock awards recognized over a weighted average period		2 years 8 months 12 days
2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based incentive plans, options expiry term	10 years
Shares authorized	1,400,000
Number of Options, Granted		123,739
Stock awards granted		285,541
2015 Plan [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance calculation ratio	100.00%
2015 Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance calculation ratio	200.00%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Options Activity (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Options, Outstanding ,Beginning Balance	571,883	509,097
Number of Options, Granted	0	123,739
Number of Options, Exercised	(3,133)	(110)
Number of Options, Forfeited	(1,627)	(12,619)
Number of Options, Expired	(3,824)
Number of Options Outstanding, Ending Balance	563,299	620,107
Number of Options, Options vested or expected to vest	417,637	464,458
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 22.37	$ 23.84
Weighted Average Exercise Price, Granted		21.08
Weighted Average Exercise Price, Exercised	18.41	16.80
Weighted Average Exercise Price, Forfeited	19.46	26.19
Weighted Average Exercise Price, Expired	26.15
Weighted Average Exercise Price, Outstanding, Ending Balance	22.46	23.24
Weighted Average Exercise Price, Stock Options vested or expected to vest	$ 19.64	$ 24.44
Number of Options Exercisable, Outstanding, Beginning Balance	234,564	163,443
Number of Options Exercisable, Outstanding, Ending Balance	288,366

Stock-Based Compensation - Su38

Stock-Based Compensation - Summary of Weighted Average Assumptions Used to Calculate Fair Value of Option Granted (Detail)	3 Months Ended
	Mar. 31, 2016$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Weighted average fair value of Options granted	$ 5.90
Weighted average risk-free rate of return	1.29%
Weighted average expected option life in months	50 months
Weighted average expected volatility	33.00%

Stock-Based Compensation - Su39

Stock-Based Compensation - Summary of Nonvested Stock Award Activity (Detail) - Restricted Stock [Member] - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Nonvested Stock Awards outstanding, Beginning Balance	254,976	279,964
Number of Shares, Issued	102,710	48,158
Number of Shares, Vested	(13,013)	(1,429)
Number of Shares, Forfeited	(940)	(8,813)
Number of Shares, Nonvested Stock Awards outstanding, Ending Balance	343,733	317,880
Weighted Average Grant Date Fair Value, Nonvested Stock Awards outstanding, Beginning Balance	$ 20.18	$ 18.42
Weighted Average Grant Date Fair Value, Issued	26.16	15.17
Weighted Average Grant Date Fair Value, Vested	16.80	16.80
Weighted Average Grant Date Fair Value, Forfeited	19.21	14.61
Weighted Average Grant Date Fair Value, Nonvested Stock Awards outstanding, Ending Balance	$ 21.85	$ 18.04

Investment Securities - Availab

Investment Securities - Available for Sale and Held to Maturity Investment (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	$ 303,154	$ 300,028
Gross Unrealized Gains, Available for sale	467	591
Gross Unrealized Losses, Available for sale	(4,119)	(4,933)
Estimated Fair Value, Available for sale	299,502	295,686
Amortized Cost, Held to maturity	250	250
Estimated Fair Value, Held to maturity	250	250
Amortized Cost	303,404	300,278
Gross Unrealized Gains	467	591
Gross Unrealized Losses	(4,119)	(4,933)
Estimated Fair Value	299,752	295,936
U.S. Treasury Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	3,500	2,498
Gross Unrealized Losses, Available for sale	(3)
Estimated Fair Value, Available for sale	3,497	2,498
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	254,895	246,650
Gross Unrealized Gains, Available for sale	459	583
Gross Unrealized Losses, Available for sale	(2,496)	(2,575)
Estimated Fair Value, Available for sale	252,858	244,658
Trust Preferred Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	12,024	12,023
Gross Unrealized Losses, Available for sale	(1,579)	(2,172)
Estimated Fair Value, Available for sale	10,445	9,851
Collateralized Loan Obligations [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	31,474	37,471
Gross Unrealized Gains, Available for sale	8	8
Gross Unrealized Losses, Available for sale	(16)	(160)
Estimated Fair Value, Available for sale	31,466	37,319
Other Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	1,261	1,386
Gross Unrealized Losses, Available for sale	(25)	(26)
Estimated Fair Value, Available for sale	1,236	1,360
Amortized Cost, Held to maturity	250	250
Estimated Fair Value, Held to maturity	$ 250	$ 250

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017USD ($)TimesSecurity	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Schedule of Available-for-sale Securities [Line Items]
Number of securities prior to maturity | Security	2
Gross proceed from sale of securities	$ 206,000
Gross realized gains	4,000
OTTI credit related charge	0	$ 0
Cumulative OTTI balance	1,200,000
OTTI charges recognized in earnings	0	$ 0
Less than 12 months gross unrealized loss	2,091,000		$ 1,709,000
Less than 12 Months, Estimated Fair Value	190,856,000		109,045,000
Gross unrealized loss in the category of 12 months or longer	2,028,000		3,224,000
12 Months or longer estimated fair value	29,626,000		98,433,000
Investment grade rated pooled security with an amortized cost	$ 48,259,000		53,378,000
Future default rate	3.60%
Period of time with no recovery rate	3 years
Amortized cost of investment securities pledged to secure public deposits	$ 12,900,000
Estimated fair value of investment securities pledged to secure public deposits	12,900,000
Amortized cost of investment securities pledged as collateral on secured borrowings	63,700,000
Estimated fair value of investment securities pledged as collateral on secured borrowings	63,500,000
U.S. Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months gross unrealized loss	$ 3,000
Number of investment securities in unrealized loss less than 12 months | Security	2
Less than 12 Months, Estimated Fair Value	$ 3,497,000
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months gross unrealized loss	$ 2,061,000		1,683,000
Number of investment securities in unrealized loss less than 12 months | Security	37
Less than 12 Months, Estimated Fair Value	$ 164,398,000		108,070,000
Gross unrealized loss in the category of 12 months or longer	$ 435,000		892,000
Number of investment securities in unrealized loss position of twelve months or longer | Security	4
12 Months or longer estimated fair value	$ 11,196,000		54,757,000
Collateralized Loan Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months gross unrealized loss	2,000
Less than 12 Months, Estimated Fair Value	21,986,000
Gross unrealized loss in the category of 12 months or longer	14,000		160,000
12 Months or longer estimated fair value	$ 7,985,000		33,825,000
Collateralized Loan Obligations [Member] | AAA [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of investment securities in unrealized loss less than 12 months | Security	2
Number of investment securities in unrealized loss position of twelve months or longer | Security	1
Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cumulative OTTI balance	$ 1,200,000
Gross unrealized loss in the category of 12 months or longer	$ 1,579,000		2,172,000
Number of investment securities in unrealized loss position of twelve months or longer | Security	2
12 Months or longer estimated fair value	$ 10,445,000		$ 9,851,000
Number of Non-rated single issuer security | Security	1
Non-rated single issuer security with amortized cost	$ 3,200,000
Non-rated single issuer security, estimated fair value	$ 3,200,000
Number of investment grade rated pooled security | Security	1
Investment grade rated pooled security with an amortized cost	$ 8,800,000
Investment grade rated pooled security, estimated fair value	$ 7,200,000
Security with principal coverage | Times	3.7
Called Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities called | Security	2
Aggregate par value of securities called	$ 6,000,000

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses by Investment Category (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	$ 190,856	$ 109,045
Less than 12 Months, Gross Unrealized Losses	(2,091)	(1,709)
12 Months or Longer, Estimated Fair Value	29,626	98,433
12 Months or Longer, Gross Unrealized Losses	(2,028)	(3,224)
Total, Estimated Fair Value	220,482	207,478
Total, Gross Unrealized Losses	(4,119)	(4,933)
U.S. Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	3,497
Less than 12 Months, Gross Unrealized Losses	(3)
Total, Estimated Fair Value	3,497
Total, Gross Unrealized Losses	(3)
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	164,398	108,070
Less than 12 Months, Gross Unrealized Losses	(2,061)	(1,683)
12 Months or Longer, Estimated Fair Value	11,196	54,757
12 Months or Longer, Gross Unrealized Losses	(435)	(892)
Total, Estimated Fair Value	175,594	162,827
Total, Gross Unrealized Losses	(2,496)	(2,575)
Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or Longer, Estimated Fair Value	10,445	9,851
12 Months or Longer, Gross Unrealized Losses	(1,579)	(2,172)
Total, Estimated Fair Value	10,445	9,851
Total, Gross Unrealized Losses	(1,579)	(2,172)
Collateralized Loan Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	21,986
Less than 12 Months, Gross Unrealized Losses	(2)
12 Months or Longer, Estimated Fair Value	7,985	33,825
12 Months or Longer, Gross Unrealized Losses	(14)	(160)
Total, Estimated Fair Value	29,971	33,825
Total, Gross Unrealized Losses	(16)	(160)
Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	975	975
Less than 12 Months, Gross Unrealized Losses	(25)	(26)
Total, Estimated Fair Value	975	975
Total, Gross Unrealized Losses	$ (25)	$ (26)

Investment Securities - Contrac

Investment Securities - Contractual Maturities of Investment Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Due in one year or less, Amortized Cost	$ 3,513	$ 2,635
Due after one year through five years, Amortized Cost	248	248
Due after five years through ten years, Amortized Cost	31,474	37,471
Due after ten years, Amortized Cost	13,024	13,024
Total investment securities, excluding mortgage-backed securities, Amortized Cost	48,259	53,378
Total investment securities, Amortized Cost	303,154	300,028
Due in one year or less, Estimated Fair Value	3,510	2,635
Due after one year through five years, Estimated Fair Value	248	248
Due after five years through ten years, Estimated Fair Value	31,466	37,319
Due after ten years, Estimated Fair Value	11,420	10,826
Total investment securities, excluding mortgage-backed securities, Estimated Fair Value	46,644	51,028
Total investment securities, Estimated Fair Value	299,502	295,686
Due in one year or less, Amortized Cost	250	250
Total investment securities, excluding mortgage-backed securities, Amortized Cost	250	250
Total investment securities, Amortized Cost	250	250
Due in one year or less, Estimated Fair Value	250	250
Total investment securities, excluding mortgage-backed securities, Estimated Fair Value	250	250
Total investment securities, Estimated Fair Value	250	250
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Total investment securities, Amortized Cost	254,895	246,650
Total investment securities, Estimated Fair Value	$ 252,858	$ 244,658

Loans - Loan Receivable Compone

Loans - Loan Receivable Components (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	$ 1,610,475	$ 1,609,918	$ 1,577,898
Allowance for loan losses	(15,716)	(15,541)	(17,952)	$ (18,008)
Net loans held-for-investment	1,594,759	1,594,377
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	230,306	235,946	222,828
Allowance for loan losses	(2,254)	(2,153)	(2,694)	(2,921)
Commercial Real Estate Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	261,971	231,348
Commercial Real Estate Non-Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	729,102	742,662
Land and Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	67,336	67,165	86,520
Allowance for loan losses	(588)	(604)	(1,365)	(1,058)
Home Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	105,885	110,377
Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	8,405	9,104
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	205,573	210,874	241,891
Allowance for loan losses	(2,567)	(2,648)	$ (2,714)	$ (3,029)
Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	1,897	2,442
Commercial Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	230,306	235,946
Commercial Loans [Member] | Commercial Real Estate Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	261,971	231,348
Commercial Loans [Member] | Commercial Real Estate Non-Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	729,102	742,662
Commercial Loans [Member] | Land and Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	67,336	67,165
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	105,885	110,377
Consumer Loans [Member] | Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	8,405	9,104
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	205,573	210,874
Consumer Loans [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	$ 1,897	$ 2,442

Loans - Loans on Non-Accrual St

Loans - Loans on Non-Accrual Status (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	$ 2,682	$ 1,697
Troubled debt restructuring, non-accrual	1,395	1,404
Commercial Real Estate Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	216	213
Commercial Real Estate Non-Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	504	517
Commercial Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	78
Consumer Loans [Member] | Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	68
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	68	72
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	$ 1,748	810
Consumer Loans [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans		$ 85

Loans - Additional Information

Loans - Additional Information (Detail)	Mar. 31, 2017USD ($)Relationship	Dec. 31, 2016USD ($)Relationship
Receivables [Abstract]
Outstanding amount of relationship which agreements included interest reserves	$ 3,000,000	$ 5,900,000
Number of commercial construction and land development relationship | Relationship	1	2
Amount available to fund interest payments	$ 130,000	$ 214,000
Number of relationships with interest reserves on non-accrual status | Relationship	0	0
Interest Reserve in the aggregate on non accrual status of commercial construction relationships	$ 0	$ 0

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Financing Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Allowance for loan losses:
Beginning balance	$ 15,541	$ 18,008
Charge-offs	(98)	(425)
Recoveries	273	369
Net recoveries (charge-offs)	175	(56)
Ending balance	15,716	17,952
Ending balance: collectively evaluated for impairment	15,716	17,952
Financing Receivables:
Ending balance	1,610,475	1,577,898	$ 1,609,918
Ending balance: individually evaluated for impairment	4,077	3,904
Ending balance: collectively evaluated for impairment	1,606,398	1,573,994
Commercial and Industrial [Member]
Allowance for loan losses:
Beginning balance	2,153	2,921
Charge-offs		(11)
Recoveries	58	52
Net recoveries (charge-offs)	58	41
Provision for (recovery of) loan losses	43	(268)
Ending balance	2,254	2,694
Ending balance: collectively evaluated for impairment	2,254	2,694
Financing Receivables:
Ending balance	230,306	222,828	235,946
Ending balance: individually evaluated for impairment	78
Ending balance: collectively evaluated for impairment	230,228	222,828
Commercial Real Estate [Member]
Allowance for loan losses:
Beginning balance	7,550	8,142
Charge-offs		(69)
Recoveries	98	46
Net recoveries (charge-offs)	98	(23)
Provision for (recovery of) loan losses	302	391
Ending balance	7,950	8,510
Ending balance: collectively evaluated for impairment	7,950	8,510
Financing Receivables:
Ending balance	991,073	885,998
Ending balance: individually evaluated for impairment	841	615
Ending balance: collectively evaluated for impairment	990,232	885,383
Commercial Real Estate [Member]
Allowance for loan losses:
Beginning balance	604	1,058
Recoveries	46	71
Net recoveries (charge-offs)	46	71
Provision for (recovery of) loan losses	(62)	236
Ending balance	588	1,365
Ending balance: collectively evaluated for impairment	588	1,365
Financing Receivables:
Ending balance	67,336	86,520	67,165
Ending balance: collectively evaluated for impairment	67,336	86,520
Commercial Real Estate [Member]
Allowance for loan losses:
Beginning balance	2,648	3,029
Charge-offs	(49)	(74)
Recoveries	3	22
Net recoveries (charge-offs)	(46)	(52)
Provision for (recovery of) loan losses	(35)	(263)
Ending balance	2,567	2,714
Ending balance: collectively evaluated for impairment	2,567	2,714
Financing Receivables:
Ending balance	205,573	241,891	$ 210,874
Ending balance: individually evaluated for impairment	3,022	3,110
Ending balance: collectively evaluated for impairment	202,551	238,781
Home Equity [Member]
Allowance for loan losses:
Beginning balance	2,349	2,816
Charge-offs	(33)	(165)
Recoveries	51	117
Net recoveries (charge-offs)	18	(48)
Provision for (recovery of) loan losses	(88)	(226)
Ending balance	2,279	2,542
Ending balance: collectively evaluated for impairment	2,279	2,542
Financing Receivables:
Ending balance	114,290	136,844
Ending balance: individually evaluated for impairment	136	83
Ending balance: collectively evaluated for impairment	114,154	136,761
Other [Member]
Allowance for loan losses:
Beginning balance	237	42
Charge-offs	(16)	(106)
Recoveries	17	61
Net recoveries (charge-offs)	1	(45)
Provision for (recovery of) loan losses	(160)	130
Ending balance	78	127
Ending balance: collectively evaluated for impairment	78	127
Financing Receivables:
Ending balance	1,897	3,817
Ending balance: individually evaluated for impairment		96
Ending balance: collectively evaluated for impairment	$ 1,897	$ 3,721

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Contract	Mar. 31, 2016USD ($)Contract	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Receivables [Abstract]
Allowance for loans receivable | $	$ 15,716	$ 17,952	$ 15,541	$ 18,008
Ratio of allowance for loan losses to gross loans held-for-investment	0.98%		0.97%
Loan not considered as impaired	Less than 90 days
Number of TDR's included in Impaired Loans	14
TDRs included in impaired loans | $	$ 2,300
Number of impaired loans in accruing status	4
TDR with commitments to lend additional funds	0
Number new TDR agreements	0	0
Number of TDR agreements that subsequently defaulted	0	0

Allowance for Loan Losses - Com

Allowance for Loan Losses - Components of Impaired Loans Held-for-Investment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Commercial Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment	$ 831	$ 613
Unpaid Principal Balance	1,018	834
Average Recorded Investment	840	622
Commercial Loans [Member] | Commercial Real Estate Owner Occupied
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	327
Unpaid Principal Balance, With No Related Allowance	506
Average Recorded Investment, With No Related Allowance	330
Commercial Loans [Member] | Commercial Real Estate Non-Owner Occupied
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	504	613
Unpaid Principal Balance, With No Related Allowance	512	834
Average Recorded Investment, With No Related Allowance	510	622
Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment	3,236	3,289
Unpaid Principal Balance	3,628	3,425
Average Recorded Investment	3,266	3,318
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	3,022	3,110
Unpaid Principal Balance, With No Related Allowance	3,386	3,237
Average Recorded Investment, With No Related Allowance	3,047	3,134
Consumer Loans [Member] | Home Equity Term Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	68	83
Unpaid Principal Balance, With No Related Allowance	83	92
Average Recorded Investment, With No Related Allowance	68	85
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	68
Unpaid Principal Balance, With No Related Allowance	72
Average Recorded Investment, With No Related Allowance	70
Consumer Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	78	96
Unpaid Principal Balance, With No Related Allowance	87	96
Average Recorded Investment, With No Related Allowance	$ 81	$ 99

Allowance for Loan Losses - C50

Allowance for Loan Losses - Company's Distribution of Risk Ratings within Held-for-Investment Loan Portfolio (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	$ 1,610,475	$ 1,609,918	$ 1,577,898
Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	1,602,753	1,603,079
Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	7,722	6,839
Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	230,306	235,946	222,828
Commercial and Industrial [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	228,260	233,907
Commercial and Industrial [Member] | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	2,046	2,039
Commercial Real Estate Owner Occupied
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	261,971	231,348
Commercial Real Estate Owner Occupied | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	260,285	229,635
Commercial Real Estate Owner Occupied | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	1,686	1,713
Commercial Real Estate Non-Owner Occupied
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	729,102	742,662
Commercial Real Estate Non-Owner Occupied | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	728,598	742,146
Commercial Real Estate Non-Owner Occupied | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	504	516
Land and Development [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	67,336	67,165	86,520
Land and Development [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	67,336	67,165
Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	105,885	110,377
Home Equity Lines of Credit [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	105,817	110,377
Home Equity Lines of Credit [Member] | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	68
Home Equity Term Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	8,405	9,104
Home Equity Term Loans [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	8,337	9,032
Home Equity Term Loans [Member] | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	68	72
Residential Real Estate Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	205,573	210,874	$ 241,891
Residential Real Estate Loans [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	202,223	208,460
Residential Real Estate Loans [Member] | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	3,350	2,414
Other [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	1,897	2,442
Other [Member] | Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	$ 1,897	2,357
Other [Member] | Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment		$ 85

Allowance for Loan Losses - C51

Allowance for Loan Losses - Company's Analysis of Past Due Held-for-Investment Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 5,315	$ 7,039
Current	1,605,160	1,602,879
Total Financing Receivables	1,610,475	1,609,918	$ 1,577,898
Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	230,306	235,946	222,828
Commercial Real Estate Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	261,971	231,348
Commercial Real Estate Non-Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	729,102	742,662
Land and Development [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	67,336	67,165	86,520
Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	105,885	110,377
Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	8,405	9,104
Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	205,573	210,874	$ 241,891
Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	1,897	2,442
Commercial Loans [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Current	230,306	235,946
Total Financing Receivables	230,306	235,946
Commercial Loans [Member] | Commercial Real Estate Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	365	269
Current	261,606	231,079
Total Financing Receivables	261,971	231,348
Commercial Loans [Member] | Commercial Real Estate Non-Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,001	516
Current	728,101	742,146
Total Financing Receivables	729,102	742,662
Commercial Loans [Member] | Land and Development [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Current	67,336	67,165
Total Financing Receivables	67,336	67,165
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,181	367
Current	104,704	110,010
Total Financing Receivables	105,885	110,377
Consumer Loans [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		121
Current	8,405	8,983
Total Financing Receivables	8,405	9,104
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,762	5,615
Current	202,811	205,259
Total Financing Receivables	205,573	210,874
Consumer Loans [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	6	151
Current	1,891	2,291
Total Financing Receivables	1,897	2,442
30-59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,033	4,898
30-59 Days Past Due [Member] | Commercial Loans [Member] | Commercial Real Estate Non-Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	678	331
30-59 Days Past Due [Member] | Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,083	367
30-59 Days Past Due [Member] | Consumer Loans [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		121
30-59 Days Past Due [Member] | Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,272	4,020
30-59 Days Past Due [Member] | Consumer Loans [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		59
60-89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	645	858
60-89 Days Past Due [Member] | Commercial Loans [Member] | Commercial Real Estate Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	70
60-89 Days Past Due [Member] | Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	30
60-89 Days Past Due [Member] | Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	539	851
60-89 Days Past Due [Member] | Consumer Loans [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	6	7
90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,637	1,283
90 Days Past Due [Member] | Commercial Loans [Member] | Commercial Real Estate Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	295	269
90 Days Past Due [Member] | Commercial Loans [Member] | Commercial Real Estate Non-Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	323	185
90 Days Past Due [Member] | Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	68
90 Days Past Due [Member] | Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 951	744
90 Days Past Due [Member] | Consumer Loans [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		$ 85

Derivatives, Hedging Activiti52

Derivatives, Hedging Activities and Other Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Fair value of swaps at inception	$ 0
Expense in fair value adjustments	3	$ 1
Amount of collateral posted with third party	12,700		$ 13,800
Aggregate fair value of derivative financial instruments in liability position	1,700		2,000
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Fair value of customer-initiated interest rate	1,679		2,087
Risk Participation Agreement [Member]
Derivatives, Fair Value [Line Items]
Derivative contracts for an upfront fee	243
Risk Participation Agreement [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Notional amount	17,800
Fair value of customer-initiated interest rate	3
Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 1,400		$ 1,500
Interest payment description	For each of these swap agreements, the floating rate is based on the one-month London Interbank Offered Rate (“LIBOR”) paid on the first day of the month which matches the interest payment date on each subordinated note.
Minimum [Member]
Derivatives, Fair Value [Line Items]
Expiration dates for swap agreements, range	Mar. 1, 2017
Maximum [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Expiration dates for swap agreements, range	Aug. 1, 2022

Derivatives, Hedging Activiti53

Derivatives, Hedging Activities and Other Financial Instruments - Summary of Interest Rate Swaps Designated as Fair Value Hedges (Detail) - Interest Rate Swaps [Member] - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Notional	$ 1,400	$ 1,500
Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Notional	1,414	1,468
Fair Value	$ (146)	$ (165)

Derivatives, Hedging Activiti54

Derivatives, Hedging Activities and Other Financial Instruments - Summary of Interest Rate Swap Components (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Weighted average pay rate	7.22%	7.22%
Weighted average receive rate	1.73%	1.73%
Weighted average maturity in years	2 years 9 months 18 days	2 years 10 months 24 days

Derivatives, Hedging Activiti55

Derivatives, Hedging Activities and Other Financial Instruments - Summary of Interest Rate Swaps Not Designated as Hedging Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Other Assets [Member]
Derivatives, Fair Value [Line Items]
Notional	$ 44,497	$ 45,236
Fair Value	1,671	2,077
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Notional	(44,497)	(45,236)
Fair Value	$ (1,679)	$ (2,087)

Deposits - Major Classification

Deposits - Major Classifications of Deposits (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Interest-bearing demand deposits	$ 674,458	$ 697,701
Non-interest-bearing demand deposits	405,208	397,311
Savings deposits	244,405	241,754
Time deposits under $250,000	349,142	338,615
Time deposits $250,000 or more	33,968	28,789
Brokered time deposits	26,808	37,193
Total deposits	$ 1,733,989	$ 1,741,363

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share Computation (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income	$ 1,430	$ 826
Average common shares outstanding	18,986,015	18,739,739
Net effect of dilutive common stock equivalents	121,211	97,960
Adjusted average shares outstanding – dilutive	19,107,226	18,837,699
Basic income per share	$ 0.08	$ 0.04
Diluted income per share	$ 0.07	$ 0.04

Commitments and Contingent Li58

Commitments and Contingent Liabilities - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Customers' letters of credit	$ 8,600	$ 10,100
Reserve for unfunded loan commitments and letters of credit	848	611
Recourse reserves for loans	$ 1,900	$ 1,600

Fair Value of Financial Instr59

Fair Value of Financial Instruments - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets:
Investment securities available for sale	$ 299,502	$ 295,686
Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,671	2,077
Liabilities:
Derivative instruments, liabilities	1,679	2,087
U.S. Government Agency Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	252,858	244,658
Trust Preferred Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	10,445	9,851
Collateralized Loan Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	31,466	37,319
Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,236	1,360
Hedged Commercial Loans [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,561	1,634
Fair Value Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities:
Derivative instruments, liabilities	146	165
U.S. Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	3,497	2,498
Level 1 [Member] | Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,236	1,360
Level 1 [Member] | U.S. Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	3,497	2,498
Level 2 [Member] | Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,671	2,077
Liabilities:
Derivative instruments, liabilities	1,679	2,087
Level 2 [Member] | U.S. Government Agency Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	252,858	244,658
Level 2 [Member] | Collateralized Loan Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	31,466	37,319
Level 2 [Member] | Hedged Commercial Loans [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,561	1,634
Level 2 [Member] | Fair Value Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities:
Derivative instruments, liabilities	146	165
Level 3 [Member] | Trust Preferred Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	$ 10,445	$ 9,851

Fair Value of Financial Instr60

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Option, Quantitative Disclosures [Line Items]
Future default rate	3.60%
Period of time with no recovery rate	3 years
Change in fair value discount rate for pooled issue	3.00%
Decrease due to change in applicable discount rate for pooled issue	$ 1,800,000
Increase due to change in applicable discount rate for pooled issue	$ 2,300,000
Change in fair value discount rate for single issue	3.00%
Decrease due to change in applicable discount rate for single issue	$ 900,000
Increase due to change in applicable discount rate for single issue	1,500,000
Transfers within three Levels	0	$ 0
Commercial Loans [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Decrease in fair value of properties	0	0
Consumer Loans [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Decrease in fair value of properties	0	0
Specific Reserve [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Impaired loans with an aggregate carrying amount	0	0
Charge-offs	0	0
Without Specific Reserve [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Impaired loans with an aggregate carrying amount	1,700,000	577,000
Without Specific Reserve [Member] | Loan One [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Charge-offs	53,000	74,000
Without Specific Reserve [Member] | Loan Two [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Charge-offs	$ 0	$ 0
Pooled Security [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Market spreads	2.75%
Single Issuer [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Market spreads	5.25%

Fair Value of Financial Instr61

Fair Value of Financial Instruments - Summary of Level 3 Fair Value Measurement Activity (Detail) - Investment Securities [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, beginning of period	$ 9,851	$ 10,175
Total gains, realized/unrealized:
Included in earnings	1
Included in accumulated other comprehensive income	594	(456)
Balance, end of period	$ 10,446	$ 9,719

Fair Value of Financial Instr62

Fair Value of Financial Instruments - Summary of Assets Measured at Fair Value on Non Recurring Basis (Detail) - Non-Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2017	Mar. 31, 2016
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]
Fair value of Impaired loans	$ 1,679	$ 577
Total Losses Or Changes in Net Assets / Liabilities, Impaired loans	(53)	(74)
Level 3 [Member]
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]
Fair value of Impaired loans	$ 1,679	$ 577

Fair Value of Financial Instr63

Fair Value of Financial Instruments - Valuation Methods for Determining Fair Value of Impairment Loans (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Fair Value Disclosures [Abstract]
Loans less than $1 million	Less than $1 million
Loans $1 million or greater	1 million or greater
Commercial Loans	$ 1,000
Existing appraisal 18 months or less	18 months or less
Existing appraisal greater than 18 months	Greater than 18 months
Existing Appraisal Period	1 year 6 months
Commercial loans secured primarily by residential real estate
Loans less than $1 million	Less than $1 million
Loans $1 million or greater	1 million or greater
Other Commercial	$ 1,000
Non-commercial loans secured primarily by residential real estate
Loans less than $250,000	Less than $250 thousand
Loans $250,000 or greater	250 thousand or greater
Non-commercial loans	$ 250

Fair Value of Financial Instr64

Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Assets:
Cash and due from banks		$ 20,737	$ 19,645
Interest-earning bank balances		108,155	114,563
Restricted cash		1,000	5,000
Investment securities available for sale		299,502	295,686
Investment securities held-to-maturity		250	250
Restricted equity investments		15,806	15,791
Liabilities:
Savings deposits		244,405	241,754
Advances from FHLBNY		85,367	85,416
Junior subordinated debentures		92,786	92,786
Carrying Amount [Member]
Assets:
Cash and due from banks		20,737	19,645
Interest-earning bank balances		108,155	114,563
Restricted cash		1,000	5,000
Investment securities available for sale		299,502	295,686
Investment securities held-to-maturity		250	250
Loans receivable, net		1,593,198	1,592,743
Hedged commercial loans	[1]	1,561	1,634
Restricted equity investments		15,806	15,791
Liabilities:
Demand deposits		1,079,666	1,095,012
Savings deposits		244,405	241,754
Time deposits		409,917	404,597
Advances from FHLBNY		85,367	85,416
Junior subordinated debentures		92,786	92,786
Fair value interest rate swaps		146	165
Carrying Amount [Member] | Interest Rate Swaps [Member]
Assets:
Interest rate swaps		1,671	2,077
Liabilities:
Interest rate swaps		1,679	2,087
Estimated Fair Value [Member]
Assets:
Cash and due from banks		20,737	19,645
Interest-earning bank balances		108,155	114,563
Restricted cash		1,000	5,000
Investment securities available for sale		299,502	295,686
Investment securities held-to-maturity		250	250
Loans receivable, net		1,576,654	1,575,818
Hedged commercial loans	[1]	1,561	1,634
Restricted equity investments		15,806	15,791
Liabilities:
Demand deposits		1,050,609	1,070,680
Savings deposits		236,876	235,216
Time deposits		416,972	412,903
Advances from FHLBNY		85,866	85,703
Junior subordinated debentures		64,478	64,282
Fair value interest rate swaps		146	165
Estimated Fair Value [Member] | Interest Rate Swaps [Member]
Assets:
Interest rate swaps		1,671	2,077
Liabilities:
Interest rate swaps		$ 1,679	$ 2,087
[1]	Includes positive market value adjustment of $146 thousand and $165 thousand at March 31, 2017 and December 31, 2016, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815.

Fair Value of Financial Instr65

Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Commercial hedge loan adjustment to market change	$ 146	$ 165

Regulatory Matters - Risk-Based

Regulatory Matters - Risk-Based Capital Ratios (Detail) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Amount	$ 90,000,000
Tier 1 capital (to risk-weighted assets), Actual, Amount	62,700,000
Sun Bancorp, Inc. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Amount	$ 357,177	$ 354,078
Total risk-based capital (to risk-weighted assets), Actual, Ratio	21.88%	21.63%
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 130,618,000	$ 130,929,000
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 151,027,000	$ 141,157,000
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	9.25%	8.625%
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Amount	$ 257,846	$ 262,386
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Ratio	15.79%	16.03%
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Amount	$ 73,473,000	$ 73,647,000
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 93,882,000	$ 83,876,000
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Ratio	5.75%	5.125%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 313,271	$ 309,910
Tier 1 capital (to risk-weighted assets), Actual, Ratio	19.19%	18.94%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 97,964,000	$ 98,196,000
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 118,373,000	$ 108,425,000
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	7.25%	6.625%
Leverage capital, Actual, Amount	$ 313,271	$ 309,910
Leverage capital, Actual, Ratio	14.46%	14.57%
Leverage capital, For Capital Adequacy Purposes, Amount	$ 86,657,000	$ 85,092,000
Leverage capital, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Sun National Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Amount	$ 307,118	$ 324,196
Total risk-based capital (to risk-weighted assets), Actual, Ratio	18.82%	19.85%
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 130,548,000	$ 130,664,000
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 150,946,000	$ 140,872,000
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	9.25%	8.625%
Total risk-based capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 163,186,000	$ 163,330,000
Total risk-based capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Amount	$ 290,555	$ 308,043
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Ratio	17.81%	18.86%
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Amount	$ 73,434,000	$ 73,498,000
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 93,832,000	$ 83,707,000
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Ratio	5.75%	5.125%
Tier 1 common equity capital ratio (to risk-weighed assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 106,071,000	$ 106,164,000
Tier 1 common equity capital ratio (to risk-weighed assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 290,555	$ 308,043
Tier 1 capital (to risk-weighted assets), Actual, Ratio	17.81%	18.86%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 97,911,000	$ 97,998,000
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 118,309,000	$ 108,206,000
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	7.25%	6.625%
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 130,548,000	$ 130,664,000
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Leverage capital, Actual, Amount	$ 290,555	$ 308,043
Leverage capital, Actual, Ratio	13.43%	14.50%
Leverage capital, For Capital Adequacy Purposes, Amount	$ 86,518,000	$ 84,959,000
Leverage capital, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Leverage capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 108,147,000	$ 106,199,000
Leverage capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

Regulatory Matters - Risk-Bas67

Regulatory Matters - Risk-Based Capital Ratios (Parenthetical) (Detail)	3 Months Ended
	Mar. 31, 2017	Jan. 01, 2017
Banking And Thrift [Abstract]
Percentage of conservation buffer		1.25%
Conservation buffer effective date	Jan. 1, 2017

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Jan. 21, 2016	Dec. 31, 2009
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
FDIC assessment expense	$ 162,000	$ 460,000
Tier 1 capital limitation, interest	25.00%
Capital securities qualified as Tier 1 capital	$ 62,700,000
Total capital	90,000,000
Capital securities qualified as Tier 2 capital	$ 27,300,000
Maximum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Brokered deposits limit	6.00%
Capital securities qualified as Tier 1 capital				$ 15,000,000,000
OCC Agreement [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Penalties payable			$ 25,000
Dividends received with regulatory approval	$ 20,000,000

Dividends - Additional Informat

Dividends - Additional Information (Detail) - Subsequent Event [Member]	Apr. 25, 2017$ / shares
Dividends Payable [Line Items]
Dividends payable, date declared	Apr. 25, 2017
Dividends payable, amount per share	$ 0.01
Dividends payable, date to be paid	Jun. 6, 2017
Dividends payable, date of record	May 23, 2017