Cardinal Financial (CFNL) 10-Q 7 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 01, 2016
Document and Entity Information
Entity Registrant Name	CARDINAL FINANCIAL CORP
Entity Central Index Key	1,060,523
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		32,805,803
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 23,928	$ 24,760
Federal funds sold	23,481	14,577
Total cash and cash equivalents	47,409	39,337
Investment securities available-for-sale	387,150	414,077
Investment securities held-to-maturity (fair value of $3,359 and $3,311 at September 30, 2016 and December 31, 2015, respectively)	3,780	3,836
Investment securities - trading	6,958	5,881
Total investment securities	397,888	423,794
Other investments	18,736	20,967
Loans held for sale ($272,457 and $175,814 at fair value at September 30, 2016 and December 31, 2015, respectively)	432,350	383,768
Loans receivable, net of deferred fees and costs	3,224,823	3,056,310
Allowance for loan losses	(33,641)	(31,723)
Loans receivable, net	3,191,182	3,024,587
Premises and equipment, net	24,190	25,163
Deferred tax asset, net	5,116	7,970
Goodwill and intangibles, net	36,115	36,576
Bank-owned life insurance	33,314	32,978
Other real estate owned		253
Accrued interest receivable and other assets	33,348	34,528
Total assets	4,219,648	4,029,921
Liabilities and Shareholders' Equity
Non-interest bearing deposits	757,184	657,398
Interest bearing deposits	2,467,316	2,375,373
Total deposits	3,224,500	3,032,771
Other borrowed funds	464,876	537,965
Mortgage funding checks	36,740	12,554
Escrow liabilities	3,653	2,676
Accrued interest payable and other liabilities	38,042	30,808
Total liabilities	3,767,811	3,616,774
Commitments and contingencies (Notes 10)
Common stock, $1 par value; 50,000,000 and 50,000,000, Shares authorized; 32,803,353 and 32,373,433 Shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	32,803	32,373
Additional paid-in capital	214,941	207,429
Retained earnings	194,300	166,303
Accumulated other comprehensive income, net	9,793	7,042
Total shareholders' equity	451,837	413,147
Total liabilities and shareholders' equity	$ 4,219,648	$ 4,029,921

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
CONSOLIDATED STATEMENTS OF CONDITION
Investment securities held-to-maturity, fair value (in dollars)	$ 3,359	$ 3,311
Loans held for sale at fair value (in dollars)	$ 272,457	$ 175,814
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, Shares authorized	50,000,000	50,000,000
Common stock, Shares issued	32,803,353	32,373,433
Common stock, Shares outstanding	32,803,353	32,373,433

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income:
Loans receivable	$ 32,306,000	$ 29,034,000	$ 94,661,000	$ 84,497,000
Loans held for sale	3,850,000	3,618,000	10,194,000	9,988,000
Federal funds sold	52,000	23,000	154,000	63,000
Investment securities available-for-sale	2,890,000	3,013,000	9,066,000	8,327,000
Investment securities held-to-maturity	14,000	13,000	42,000	52,000
Other investments	191,000	156,000	605,000	452,000
Total interest income	39,303,000	35,857,000	114,722,000	103,379,000
Interest expense:
Deposits	4,793,000	4,342,000	13,808,000	11,731,000
Other borrowed funds	1,545,000	1,881,000	5,719,000	5,725,000
Total interest expense	6,338,000	6,223,000	19,527,000	17,456,000
Net interest income	32,965,000	29,634,000	95,195,000	85,923,000
Provision for (recovery of) loan losses	990,000	(547,000)	1,670,000	939,000
Net interest income after provision for (recovery of) loan losses	31,975,000	30,181,000	93,525,000	84,984,000
Non-interest income:
Service charges on deposit accounts	612,000	584,000	1,744,000	1,705,000
Loan fees	596,000	344,000	1,264,000	1,289,000
Investment fee income	94,000	142,000	263,000	400,000
Realized and unrealized gains on mortgage banking activities	15,623,000	8,113,000	45,070,000	35,391,000
Net realized gain on investment securities-trading	331,000	191,000	438,000	367,000
Net realized gain on investment securities-available for sale		769,000	3,726,000	1,151,000
Litigation settlement				2,950,000
Increase in cash surrender value of bank-owned life insurance	101,000	118,000	336,000	330,000
Other income	134,000	6,000	406,000	17,000
Total non-interest income	17,491,000	10,267,000	53,247,000	43,600,000
Non-interest expense:
Salary and benefits	17,331,000	13,409,000	48,864,000	37,453,000
Occupancy	2,577,000	2,492,000	7,617,000	7,323,000
Professional fees	727,000	852,000	2,411,000	3,577,000
Depreciation	764,000	828,000	2,441,000	2,550,000
Data processing & communications	1,542,000	1,373,000	4,405,000	4,336,000
FDIC insurance premiums	516,000	516,000	1,548,000	1,548,000
Mortgage loan repurchases and settlements		47,000	100,000	47,000
Loss on extinguishment of debt			3,638,000
Merger and acquisition expenses	2,284,000		2,284,000	472,000
Amortization of intangibles	147,000	180,000	461,000	565,000
Other operating expenses	4,447,000	4,298,000	12,974,000	13,145,000
Total non-interest expense	30,335,000	23,995,000	86,743,000	71,016,000
Income before income taxes	19,131,000	16,453,000	60,029,000	57,568,000
Provision for income taxes	6,609,000	5,244,000	20,339,000	19,249,000
Net income	$ 12,522,000	$ 11,209,000	$ 39,690,000	$ 38,319,000
Earnings per common share - basic	$ 0.38	$ 0.34	$ 1.20	$ 1.17
Earnings per common share - diluted	$ 0.37	$ 0.34	$ 1.18	$ 1.15
Weighted-average common shares outstanding - basic	33,200	32,767	33,071	32,710
Weighted-average common shares outstanding - diluted	33,767	33,311	33,577	33,192

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 12,522	$ 11,209	$ 39,690	$ 38,319
Unrealized gain (loss) on available-for-sale investment securities:
Unrealized holding gain (loss) arising during the period, net of tax benefit of $779 and net of tax expense of $2,697 for the three and nine months ended September 30, 2016, respectively, net of tax expense of $1226 and net of tax benefit $162 for the three and nine months ended September 30, 2015, respectively.	(1,391)	2,190	4,815	(289)
Reclassification adjustment for net gains included in net income net of tax expense of $0 and $1,338 for the three and nine months ended September 30, 2016, respectively, and net of tax expense $255 and $382 for the three and nine months ended September 30, 2015, respectively.		(514)	(2,388)	(769)
Unrealized loss on derivative instruments designated as cash flow hedges, net of tax expense of $87 and $496 for the three and nine months ended September 30, 2016, respectively, net of tax benefit of $910 and $1115 for the three and nine months ended September 30, 2015, respectively.	(156)	(1,625)	(1,815)	(1,985)
Reclassification adjustment for net gains included in net income net of tax expense of $408 and $1200 for the three and nine months ended September 30, 2016, respectively, and net of tax expense $202 and $435 for the three and nine months ended September 30, 2015, respectively.	729	361	2,139	777
Other comprehensive income (loss)	(818)	412	2,751	(2,266)
Comprehensive income	$ 11,704	$ 11,621	$ 42,441	$ 36,053

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Unrealized holding gain (loss) arising during the period, tax expense (benefit)	$ (779)	$ 1,226	$ 2,697	$ (162)
Reclassification adjustment for net (gains) included in net income, tax expense	0	255	1,338	382
Unrealized gain (loss) on derivative instruments designated as cash flow hedges, tax expense (benefit)	87	(910)	496	(1,115)
Reclassification adjustment for net (gains) included in net income, tax expense (benefit)	$ 408	$ 202	$ 1,200	$ 435

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Total
Balance at Dec. 31, 2014	$ 32,078	$ 201,948	$ 133,129	$ 10,166	$ 377,321
Balance (in shares) at Dec. 31, 2014	32,078
Increase (Decrease) in Stockholders' Equity
Stock options exercised	$ 124	1,138			1,262
Stock options exercised (in shares)	124
Vesting of restricted stock grants	$ 7	(7)
Vesting of restricted stock grants (in shares)	7
Stock compensation expense, net of tax benefit		1,203			1,203
Dividends on common stock of $0.36 and $0.33 per share for the nine months ended September 30, 2016 and 2015, respectively			(10,616)		(10,616)
Other comprehensive income (loss)				(2,266)	(2,266)
Net income			38,319		38,319
Balance at Sep. 30, 2015	$ 32,209	204,282	160,832	7,900	405,223
Balance (in shares) at Sep. 30, 2015	32,209
Balance at Jun. 30, 2015				7,488
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)				412
Net income					11,209
Balance at Sep. 30, 2015	$ 32,209	204,282	160,832	7,900	405,223
Balance (in shares) at Sep. 30, 2015	32,209
Balance at Dec. 31, 2015	$ 32,373	207,429	166,303	7,042	413,147
Balance (in shares) at Dec. 31, 2015	32,373
Increase (Decrease) in Stockholders' Equity
Stock options exercised	$ 374	5,578			5,952
Stock options exercised (in shares)	374
Vesting of restricted stock grants	$ 56	(56)
Vesting of restricted stock grants (in shares)	56
Stock compensation expense, net of tax benefit		1,990			1,990
Dividends on common stock of $0.36 and $0.33 per share for the nine months ended September 30, 2016 and 2015, respectively			(11,693)		(11,693)
Other comprehensive income (loss)				2,751	2,751
Net income			39,690		39,690
Balance at Sep. 30, 2016	$ 32,803	214,941	194,300	9,793	451,837
Balance (in shares) at Sep. 30, 2016	32,803
Balance at Jun. 30, 2016				10,611
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)				(818)
Net income					12,522
Balance at Sep. 30, 2016	$ 32,803	$ 214,941	$ 194,300	$ 9,793	$ 451,837
Balance (in shares) at Sep. 30, 2016	32,803

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
Dividends on common stock (in dollars per share)	$ 0.36	$ 0.33

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 12,522	$ 11,209	$ 39,690	$ 38,319
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	764	828	2,441	2,550
Amortization of premiums, discounts and intangibles			1,680	1,245
Provision for loan losses	990	(547)	1,670	939	$ 1,388
Loans held for sale originated			(3,139,875)	(2,815,713)
Proceeds from the sale of loans held for sale			3,136,363	2,788,549
Realized and unrealized gains on mortgage banking activities			(45,070)	(35,391)
Purchase of investment securities-trading			(2,519)	(1,165)
Gain on investment securities-trading			(438)	(367)
Gain on sale of investment securities-available for sale			(3,726)	(942)
Gain on call of investment securities available-for-sale				(209)
Gain on sale of other real estate owned			(40)
Stock compensation expense			1,990	1,210
Increase in cash surrender value of bank-owned life insurance	(101)	(118)	(336)	(330)
Decrease (increase) in accrued interest receivable and other assets			2,999	(25,089)
Increase in accrued interest payable, escrow liabilities and other liabilities			10,091	21,328
Net cash provided by (used in) operating activities			4,920	(25,066)
Cash flows from investing activities:
Net purchases of premises and equipment			(1,468)	(2,695)
Proceeds from maturity and call of investment securities available-for-sale			40,990	31,013
Proceeds from sale of mortgage-backed securities available for sale			37,811	14,956
Proceeds from sale of investment securities available for sale			16,495
Proceeds from the sale of other investments			12,962	4,212
Purchase of investment securities available for sale			(27,481)	(72,064)
Purchase of mortgage-backed securities available-for-sale			(45,655)	(56,926)
Purchase of other investments			(10,731)	(4,382)
Redemptions of investment securities available-for-sale			11,060	13,587
Redemptions of investment securities held-to-maturity			56	167
Proceeds from sale of other real estate owned			293
Net increase in loans receivable, net of deferred fees and costs			(168,265)	(334,585)
Net cash used in investing activities			(133,933)	(406,717)
Cash flows from financing activities:
Net increase in deposits			191,729	403,418
Net increase in other borrowed funds - short term			6,911	16,024
Net increase in mortgage funding checks			24,186	949
Proceeds from FHLB advances			350,000	100,000
Repayment of FHLB advances			(430,000)	(85,000)
Stock options exercised			5,952	1,255
Dividends on common stock			(11,693)	(10,616)
Net cash provided by financing activities			137,085	426,030
Net increase (decrease) in cash and cash equivalents			8,072	(5,753)
Cash and cash equivalents at beginning of the year			39,337	38,189	38,189
Cash and cash equivalents at end of the period	$ 47,409	$ 32,436	47,409	32,436	$ 39,337
Cash paid during the period for:
Interest			19,799	17,767
Income taxes			18,117	19,136
Supplemental disclosure of noncash investing and financing activities:
Change in unrealized gain on available-for-sale investment securities			3,786	(1,669)
Change in fair value of derivative instruments designated as cash flow hedges			$ 506	(855)
Unsettled purchases of mortgage-backed securities available for sale				$ 13,847

Organization

Organization	9 Months Ended
	Sep. 30, 2016
Organization
Organization	Note 1 Organization Cardinal Financial Corporation (the “Company” or “Cardinal”) is incorporated under the laws of the Commonwealth of Virginia as a financial holding company whose activities consist of investment in its wholly-owned subsidiaries. The principal operating subsidiary of the Company is Cardinal Bank (the “Bank”), a state-chartered institution and its subsidiary, George Mason Mortgage, LLC (“George Mason”), a mortgage banking company based in Fairfax, Virginia. In addition to the Bank, the Company has one nonbank subsidiary, Cardinal Wealth Services, Inc. (“CWS”), an investment services subsidiary. On January 16, 2014, the Company announced the completion of its acquisition of United Financial Banking Companies, Inc. (“UFBC”), the holding company of The Business Bank (“TBB”), pursuant to a previously announced definitive merger agreement. The merger of UFBC into Cardinal was effective January 16, 2014. TBB, which was headquartered in Vienna, Virginia, merged into Cardinal Bank effective March 8, 2014. On August 18, 2016, the Company announced that it will merge with United Bankshares, Inc., (“United”), a West Virginia corporation headquartered in Charleston. Under the terms of the merger agreement, United will acquire the Company, with common shareholders of the Company receiving 0.71 shares of United common stock for each share of Cardinal Financial. The transaction is subject to shareholder and regulatory approvals, and is expected to close during the second quarter of 2017. Basis of Presentation In the opinion of management, the accompanying consolidated financial statements have been prepared in accordance with the requirements of Regulation S-X, Article 10. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. However, all adjustments that are, in the opinion of management, necessary for a fair presentation have been included. The results of operations for the three and nine months ended September 30, 2016 are not necessarily indicative of the results to be expected for the full year ending December 31, 2016. The unaudited interim financial statements should be read in conjunction with the audited financial statements and notes to financial statements that are included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2016
Stock-Based Compensation
Stock-Based Compensation	Note 2 Stock-Based Compensation At September 30, 2016, the Company had two stock-based employee compensation plans, the 1999 Stock Option Plan (the “Option Plan”) and the 2002 Equity Compensation Plan (the “Equity Plan”). In 1998, the Company adopted the Option Plan pursuant to which the Company could grant stock options for up to 625,000 shares of the Company’s common stock to employees and members of the Company’s and its subsidiaries’ boards of directors. As of November 23, 2008, the Option Plan expired, and therefore, there are no shares of common stock available to grant under this plan. In 2002, the Company adopted the Equity Plan. The Equity Plan was amended in 2011 to increase the number of shares available under the plan and extend the term to 2021. The Equity Plan authorizes the granting of options, which may be incentive stock options or non-qualified stock options, stock appreciation rights, restricted stock awards, phantom stock awards and performance share awards to directors, eligible officers and key employees of the Company. There were 94,576 shares of the Company’s common stock available for future grants and awards in the Equity Plan as of September 30, 2016. Stock options are granted with an exercise price equal to the fair value of the Company’s common stock on the date of grant. Director stock options have ten year terms and vest and become fully exercisable at the grant date. Certain employee stock options have ten year terms and vest and become fully exercisable in 25% increments beginning as of the date of grant. In addition, the Company has granted stock options to employees of the Company that have ten year terms and vest and become fully exercisable in 20% annual increments beginning after their first year of service. Other grants have ten year terms and vest and become fully exercisable in one-third increments beginning as of the date of grant. Restricted stock awards are granted at the fair value of the Company’s common stock on the grant date. Most employee restricted stock awards vest in one-third increments on the anniversary date of the grant. Certain restricted stock awards granted to executive officers vest one-third immediately on the grant date with the remaining unvested options vesting over the next two years. The Company has only made awards of stock options and restricted stock under the Option Plan and the Equity Plan. Total expense related to the Company’s share-based compensation plans for the three months ended September 30, 2016 and 2015 was $408,000 and $344,000, respectively. Total stock compensation expense for the nine months ended September 30, 2016 and 2015 was $2.0 million and $1.2 million, respectively. The total income tax benefit recognized in the income statement for share-based compensation arrangements was $138,000 and $115,000 for the three months ended September 30, 2016 and 2015, respectively. For the nine months ended September 30, 2016 and 2015, total income tax benefit recognized in the income statements for share-based compensation arrangements was $668,000 and $405,000, respectively. No options were granted for the three months ended September 30, 2016 and 17,000 were granted during the nine months ended September 30, 2016. Options granted for the three and nine months ended September 30, 2015 were 750 and 119,000, respectively. The weighted average per share fair value of stock option grants for the nine months ended September 30, 2016 was $5.59. The weighted average per share fair value of stock option grants for the three and nine months ended September 30, 2015 was $6.98 and $5.95, respectively. The fair values of the options granted during all periods ended September 30, 2016 and 2015 were estimated as of the grant date using the Black-Scholes option-pricing model based on the following weighted average assumptions: Three Months Ended Nine months ended September 30, September 30, 2016 2015 2016 2015 Estimated option life N/A 6.5 Years 6.5 Years 6.5 Years Risk free interest rate N/A 2.07% 1.53% 1.66 - 2.07% Expected volatility N/A 36.90% 36.50% 36.90% Expected dividend yield N/A 2.46% 2.40% 2.46% Expected volatility is based upon the average annual historical volatility of the Company’s common stock. The estimated option life is derived from specific historical data to estimate the expected term of the option, such as employee option exercise and employee post-vesting departure behavior. The risk free interest rate is based upon the seven-year U.S. Treasury note rate in effect at the time of grant. The expected dividend yield is based upon implied and historical dividend declarations. Stock option activity during the nine months ended September 30, 2016 is summarized as follows: Weighted Weighted Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Shares Price Term (Years) Value Outstanding at December 31, 2015 $ Granted Exercised ) Forfeited ) Outstanding at September 30, 2016 $ $ Options exercisable at September 30, 2016 $ $ The intrinsic value of options exercised during the three and nine months ended September 30, 2016 was $3.6 million and $3.8 million, respectively. For options exercised during the three and nine months ended September 30, 2015, the intrinsic value of options was $3,000 and $1.2 million, respectively. A summary of the status of the Company’s non-vested stock options and changes during the nine months ended September 30, 2016 is as follows: Weighted Average Number of Grant Date Shares Fair Value Balance at December 31, 2015 $ Granted Vested ) Forfeited ) Balance at September 30, 2016 $ A summary of the Company’s restricted stock grant activity during the nine months ended September 30, 2016 is as follows: Weighted Average Number of Grant Date Shares Fair Value Balance at December 31, 2015 $ Granted Vested ) Forfeited ) Balance at September 30, 2016 $ At September 30, 2016, there was $2.1 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the plans. The cost is expected to be recognized over a weighted average period of 2.4 years. The total fair value of shares from stock options that vested during the three months ended September 30, 2016 and 2015 was $41,000 and $44,000, respectively. For the nine months ended September 30, 2016 and 2015, the total fair value of shares that vested was $1.2 million and $1.0 million, respectively. The total fair value of restricted stock grants that vested during the three and nine months ended September 30, 2016 were $199,000 and $1.2 million, respectively. The total fair value of restricted stock grants that vested during the three and nine months ended September 30, 2015 were $0 and $134,000, respectively.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Information
Segment Information	Note 3 Segment Information The Company operates in three business segments: commercial banking, mortgage banking, and wealth management services. The commercial banking segment includes both commercial and consumer lending and provides customers with such products as commercial loans, real estate loans, business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages primarily in the origination and acquisition of residential mortgages for sale into the secondary market. The wealth management services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, and investment management. Information about the reportable segments and reconciliation of this information to the consolidated financial statements at and for the three and nine months ended September 30, 2016 and 2015 is as follows: At and for the Three Months Ended September 30, 2016 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes — ) — Net income (loss) $ $ $ — $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Three Months Ended September 30, 2015 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses ) — — — — ) Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Nine Months Ended September 30, 2016 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Nine Months Ended September 30, 2015 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) The Company did not have any operating segments other than those reported. Parent company financial information is included in the “Other” category and represents an overhead function rather than an operating segment. The parent company’s most significant assets are its net investments in its subsidiaries. The parent company’s net interest expense is comprised of interest income from short-term investments and interest expense on trust preferred securities.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share
Earnings Per Share	Note 4 Earnings Per Share The following is the calculation of basic and diluted earnings per share for the three and nine months ended September 30, 2016 and 2015. There were 0 and 150 antidilutive outstanding stock options excluded from the calculation of weighted average shares outstanding for the diluted earnings per share calculation for the three and nine months ended September 30, 2016, respectively. There were no antidilutive outstanding stock options excluded from the calculation of weighted average shares outstanding for the diluted earnings per share calculation for the three and nine months ended September 30, 2015. There were no antidilutive outstanding restricted stock awards excluded from the calculation of weighted average shares outstanding for the diluted earnings per share calculation for the three and nine months ended September 30, 2016. There were 6 and 363 antidilutive outstanding restricted stock grants excluded from the calculation of weighted average shares outstanding for the diluted earnings per share calculation for the three and nine months ended September 30, 2015. Three Months Ended Nine Months Ended (In thousands, September 30, September 30, except per share data) 2016 2015 2016 2015 Net income available to common shareholders $ $ $ $ Weighted average common shares - basic Weighted average common shares - diluted Earnings per common share - basic $ $ $ $ Earnings per common share - diluted $ $ $ $ Weighted average shares for the basic earnings per share calculation is increased by the number of shares required to be issued under the Company’s various deferred compensation plans. These plans provide for a Company match, and such match must be in the common stock of the Company. Employees who participate in the Company’s deferred compensation plans can allocate, at their discretion, their contributions to various investment options, including an option to invest in Company Common Stock. The incremental weighted average shares attributable to the deferred compensation plans included in diluted outstanding shares assumes the participants opt to invest all of their contributions into the Company’s Common Stock investment option. The following shows the composition of basic outstanding shares for the three and nine months ended September 30, 2016 and 2015: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Weighted average common shares outstanding Weighted average shares attributable to the deferred compensation plans Total weighted average shares - basic The following shows the composition of diluted outstanding shares for the three and nine months ended September 30, 2016 and 2015: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Weighted average shares outstanding - basic (from above) Incremental weighted average shares attributable to deferred compensation plans Weighted average shares attributable to vested stock options Incremental shares from stock option plans — — Incremental shares from restricted stock grants — Total weighted average shares - diluted

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2016
Investment Securities
Investment Securities	Note 5 Investment Securities The approximate fair value and amortized cost of investment securities at September 30, 2016 and December 31, 2015 are shown in the table below. September 30, 2016 Gross Gross Gross Amortized Unrealized Unrealized Fair (In thousands) cost Gains Losses value Investment Securities Available-for-Sale U.S. government-sponsored agencies $ $ $ — $ Mortgage-backed securities ) Municipal securities ) Total $ $ $ ) $ Investment Securities Held-to-Maturity Mortgage-backed securities $ $ — $ — $ Pooled trust preferred securities — ) Total $ $ — $ ) $ December 31, 2015 Gross Gross Gross Amortized Unrealized Unrealized Fair (In thousands) cost Gains Losses value Investment Securities Available-for-Sale U.S. government-sponsored agencies $ $ $ ) $ Mortgage-backed securities ) Municipal securities ) Total $ $ $ ) $ Investment Securities Held-to-Maturity Mortgage-backed securities $ $ — $ — $ Pooled trust preferred securities — ) Total $ $ — $ ) $ The fair value and amortized cost of investment securities by contractual maturity at September 30, 2016 and December 31, 2015 are shown below. Expected maturities may differ from contractual maturities because many issuers have the right to call or prepay obligations with or without call or prepayment penalties. September 30, 2016 Available-for-Sale Held-to-Maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Within One Year $ $ $ — $ — After 1 year but within 5 years — — After 5 years but within 10 years — — After 10 years Mortgage-backed securities Total $ $ $ $ December 31, 2015 Available-for-Sale Held-to-Maturity Amortized Fair Amortized Fair (In thousands) cost Value cost Value Within One Year $ $ $ — $ — After 1 year but within 5 years — — After 5 years but within 10 years — — After 10 years Mortgage-backed securities Total $ $ $ $ The following table shows the Company’s investment securities’ gross unrealized losses and their fair value, aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position at September 30, 2016 and December 31, 2015. At September 30, 2016 Investment Securities Available-for- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Mortgage-backed securities $ $ ) $ $ ) $ $ ) Municipal securities ) — — ) Total temporarily impaired securities $ $ ) $ $ ) $ $ ) Investment Securities Held-to- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Pooled trust preferred securities $ — $ — $ $ ) $ $ ) Total temporarily impaired securities $ — $ — $ $ ) $ $ ) At December 31, 2015 Investment Securities Available-for- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss U.S. government sponsored agencies $ $ ) $ — $ — $ $ ) Mortgage-backed securities ) ) ) Municipal securities ) ) ) Total temporarily impaired securities $ $ ) $ $ ) $ $ ) Investment Securities Held-to- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Pooled trust preferred securities $ — $ — $ $ ) $ $ ) Total temporarily impaired securities $ — $ — $ $ ) $ $ ) The Company estimates the fair value of its pooled trust preferred securities portfolio by using third party projected cash flows for each of the issuances in the portfolio, and a discount rate that is commensurate with the risk inherent in the expected cash flows is applied to arrive at the estimated fair value. The Company completes reviews for other-than-temporary impairment at least quarterly. As of September 30, 2016, the majority of the investment securities portfolio consisted of securities rated AAA by a leading rating agency. Investment securities which carry a AAA rating are judged to be of the best quality and carry the smallest degree of investment risk. At September 30, 2016, 99% of the Company’s mortgage-related securities are guaranteed by the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC) and the Government National Mortgage Association (GNMA). The Company has $796,000 in non-government non-agency mortgage-related securities in its available-for-sale portfolio. The various protective elements on the non-agency securities may change in the future if market conditions or the financial stability of credit insurers changes, which could impact the ratings of these securities. At September 30, 2016, certain of the Company’s investment grade securities were in an unrealized loss position. Investment securities with unrealized losses are a result of pricing changes due to recent and negative conditions in the current market environment and not as a result of permanent credit impairment. Contractual cash flows for the agency mortgage-backed securities are guaranteed and/or funded by the U.S. government. Other mortgage-backed securities and municipal securities have third party protective elements and there are no negative indications that the contractual cash flows will not be received when due. The Company does not intend to sell nor does the Company believe it will be required to sell any of the temporarily impaired securities prior to the recovery of the amortized cost. No other-than-temporary impairment was recognized for the securities in the Company’s investment portfolio for the three and nine months ended September 30, 2016. The Company has investment assets designated as trading to economically hedge against fair value changes in the Company’s nonqualified deferred compensation plan liability. Those investments are designated as trading securities, and as such, the changes in fair value are reflected in earnings. Trading securities at September 30, 2016 and December 31, 2015 are as follows: (in thousands) September 30, 2016 December 31, 2015 Cash equivalents $ $ Mutual funds $ $ The following table reports the Company’s taxable interest income, tax-exempt interest income and dividends for the three and nine months ended September 30, 2016 and 2015. Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Interest and dividends on securities: Taxable $ $ $ $ Tax-exempt Dividends $ $ $ $

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2016
Loans Receivable and Allowance for Loan Losses
Loans Receivable and Allowance for Loan Losses	Note 6 Loans Receivable and Allowance for Loan Losses The loan portfolio at September 30, 2016 and December 31, 2015 consist of the following: September 30, 2016 (In thousands) Originated Acquired Total Commercial and industrial $ $ $ Real estate - commercial Real estate - construction Real estate - residential Home equity lines Consumer Net deferred fees ) — ) Loans receivable, net of deferred fees and costs Allowance for loan losses ) ) ) Loans receivable, net $ $ $ December 31, 2015 (In thousands) Originated Acquired Total Commercial and industrial $ $ $ Real estate - commercial Real estate - construction Real estate - residential Home equity lines Consumer Net deferred fees ) — ) Loans receivable, net of deferred fees and costs Allowance for loan losses ) ) ) Loans receivable, net $ $ $ The loan portfolio is segregated into two components: loans accounted for under the amortized cost method (referred to as “originated” loans) and loans acquired (referred to as “acquired” loans). The loans in the acquired loan portfolio were initially measured at fair value and subsequently accounted for under either Accounting Standards Codification (“ASC”) Topic 310-30 or ASC 310-20. The outstanding principal balance and related carrying amount of acquired loans included in the consolidated statements of condition at September 30, 2016 and December 31, 2015 are as follows: (in thousands) September 30, 2016 Purchased credit impaired loans Outstanding principal balance $ Carrying amount Purchased performing loans Outstanding principal balance Carrying amount Total acquired loans Outstanding principal balance Carrying amount (in thousands) December 31, 2015 Purchased credit impaired loans Outstanding principal balance $ Carrying amount Purchased performing loans Outstanding principal balance Carrying amount Total acquired loans Outstanding principal balance Carrying amount The following tables present the changes in the total discount when comparing the outstanding principal balance of acquired loans to the carrying amount for the nine months ended September 30, 2016 and 2015. (in thousands) Balance at December 31, 2015 $ ) Charge-offs — Recoveries ) Accretion Balance at September 30, 2016 $ ) (in thousands) Balance at December 31, 2014 $ ) Charge-offs Recoveries ) Accretion ) Balance at December 31, 2015 $ ) The Company’s allowance for loan losses is based first on a segmentation of its loan portfolio by general loan type, or portfolio segments, as presented in the preceding table. For originated loans, certain portfolio segments are further disaggregated and evaluated collectively for impairment based on class segments, which are largely based on the type of collateral underlying each loan. The Company also maintains an allowance for loan losses for acquired loans when: (i) for loans accounted for under ASC 310-30, there is deterioration in credit quality subsequent to acquisition, and (ii) for loans accounted for under ASC 310-20, the inherent losses in the loans exceed the remaining credit discount recorded at the time of acquisition. For the three and nine months ended September 30, 2016, the Company recorded an allowance for loan losses for the acquired loan portfolio of $(5,000) and $442,000, respectively. For the three and nine months ended September 30, 2015, the Company did not record an allowance for loan losses for the acquired loan portfolio. There were no impairments recorded in the purchased credit impaired portfolio as of September 30, 2016 and 2015. An analysis of the allowance for loan losses based on loan type, or segment, and the Company’s loan portfolio, which identifies certain loans that are evaluated for individual or collective impairment, as of September 30, 2016 and 2015 and December 31, 2015, are below: Allowance for Loan Losses For the Three Months Ended September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Lines Consumer Total Allowance for loan losses: Beginning Balance, July 1, 2016 $ $ $ $ $ $ $ Charge-offs ) — — ) — ) ) Recoveries — — — — Provision for loan losses ) ) Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Allowance for Loan Losses At and for the Nine Months Ended September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) — — ) ) ) ) Recoveries — — Provision for loan losses ) ) ) Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Ending Balance, September 30, 2016 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Ending Balance, September 30, 2016 Individually evaluated for impairment $ $ $ — $ — $ — $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment Allowance for Loan Losses For the Three Months Ended September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Lines Consumer Total Allowance for loan losses: Beginning Balance, July 1, 2015 $ $ $ $ $ $ $ Charge-offs — — — ) — — ) Recoveries — — Provision for loan losses ) ) ) ) ) ) Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Allowance for Loan Losses At and for the Nine Months Ended September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) ) — ) ) ) ) Recoveries — — Provision for loan losses ) ) ) ) Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Ending Balance, September 30, 2015 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Ending Balance, September 30, 2015 Individually evaluated for impairment $ $ $ — $ — $ $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment Allowance for Loan Losses For the Year Ended December 31, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) — — ) ) ) ) Recoveries — — Provision for loan losses ) ) Ending Balance, December 31, 2015 $ $ $ $ $ $ $ Ending Balance, December 31, 2015 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At December 31, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, December 31, 2015 $ $ $ $ $ $ $ Ending Balance, December 31, 2015 Individually evaluated for impairment $ $ $ — $ $ $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment The accounting policy related to the allowance for loan losses is considered a critical accounting policy given the level of estimation, judgment and uncertainty in evaluating the levels of the allowance required for the inherent probable losses in the loan portfolio and the material effect such estimation, judgment and uncertainty can have on the consolidated financial results. The Company’s ongoing credit quality management process relies on a system of activities to assess and evaluate various factors that impact the estimation of the allowance for loan losses. These factors include, but are not limited to; current economic conditions; loan concentrations, collateral adequacy and value; past loss experience for particular types of loans; size, composition and nature of loans; migration of loans through our loan rating methodology; trends in charge-offs and recoveries. This process also contemplates a disciplined approach to managing and monitoring credit exposures to ensure that the structure and pricing of credit remains consistent with the Company’s assessment of risk. The loan officer has frequent contact with the borrower and is a key player in the credit management process and must develop and diligently practice sound credit management skills and habits to ensure effectiveness. Under the direction of the Company’s loan committee and the chief credit officer, the credit risk management function works with the loan officers and other groups within the Company to monitor the loan portfolio, maintain the watch list, and compile the analysis necessary to determine the allowance for loan losses. Loans are added to the watch list when circumstances appear to warrant the inclusion of the relationship. As a general rule, loans are added to the watch list when they are deemed to be problem assets. Problem assets are defined as those that have been risk rated substandard or lower. Successful problem asset management requires early recognition of deteriorating credits and timely corrective or risk management actions. Generally, risk ratings are either approved or amended by the loan committee accordingly. Problem loans are maintained on the watch list until the loan is either paid off or circumstances around the borrower’s situation improve to the point that the risk rating on the loan is adjusted upward. In addition to internal activities, the Company also engages an external consultant on a quarterly basis to review the Company’s loan portfolio. This external loan review function helps to ensure the soundness of the loan portfolio through a third party review of existing exposures in the portfolio, supporting the commercial loan officers in the execution of its credit management responsibilities, and monitoring the adherence to the Company’s credit risk management standards. The following tables report the Company’s nonaccrual and past due loans at September 30, 2016 and December 31, 2015. In addition, the credit quality of the loan portfolio is provided as of September 30, 2016 and December 31, 2015. Nonaccrual and Past Due Loans - Originated Loan Portfolio At September 30, 2016 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ $ — $ — $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — — Multi-family — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — $ $ — $ — $ $ $ $ — $ — Nonaccrual and Past Due Loans - Acquired Loan Portfolio At September 30, 2016 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ — $ — $ $ — $ — Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — — — — — $ — $ — $ — $ — $ $ $ — $ — Nonaccrual and Past Due Loans - Originated Loan Portfolio At December 31, 2015 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ $ $ $ — $ Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — Multi-family — — — — — — Home equity lines — — — Consumer Installment — — — — — — Credit cards — — — — — — $ $ $ $ $ $ $ — $ Nonaccrual and Past Due Loans - Acquired Loan Portfolio At December 31, 2015 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ $ $ $ — $ Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — — — — — $ — $ — $ $ $ $ $ — $ Impaired Loans - Originated Loan Portfolio At September 30, 2016 (In thousands) Additional information on the Company’s impaired loans that were evaluated for specific reserves as of September 30, 2016 and December 31, 2015, including the recorded investment on the statement of condition and the unpaid principal balance, is shown below: Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ $ Real estate - commercial — Real estate - construction — — — — — Real estate - residential — — — — Home equity lines — — — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Acquired Loan Portfolio At September 30, 2016 (In thousands) Recorded Unpaid Principal Related Interest Income Average Recorded With no related allowance: Commercial and industrial $ — $ — $ — $ — $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — Real estate - construction Residential — Commercial — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ — $ — $ — $ — $ Real estate - commercial — — — — Real estate - construction — Real estate - residential — — — — — Home equity lines — — — — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Originated Loan Portfolio At December 31, 2015 (In thousands) Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — — — — Real estate - residential Single family — Multi-family — — — — — Home equity lines — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ $ Real estate - commercial — Real estate - construction — — — — Real estate - residential — Home equity lines — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Acquired Loan Portfolio At December 31, 2015 (In thousands) Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ — $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ — $ Real estate - commercial — Real estate - construction — Real estate - residential — — — — Home equity lines — — — — — Consumer — — — — — Total $ $ $ — $ $ In order to maximize the collection of certain loans, the Company will attempt to work with borrowers when necessary to extend or modify loan terms to better align with the borrower’s ability to repay. Extensions and modifications to loans are made in accordance with the Company’s policy and conform to regulatory guidance. Each occurrence is unique to the borrower and is evaluated separately. The Company considers regulatory guidelines when restructuring a loan to ensure that prudent lending practices are followed. As such, qualification criteria and payment terms consider the borrower’s current and prospective ability to comply with the modified terms of the loan. A modification is classified as a troubled debt restructuring (“TDR”) if both of the following exist: (1) the borrower is experiencing financial difficulty and (2) the Company has granted a concession to the borrower. The Company determines that a borrower may be experiencing financial difficulty if the borrower is currently in default on any of its debt, or if the Company is concerned that the borrower may not be able to perform in accordance with the current terms of the loan agreement in the foreseeable future. Although each occurrence is unique to the borrower and is evaluated separately, for all portfolio segments, TDRs are typically modified through reductions in interest rates, reductions in payments, changing the payment terms from principal and interest to interest only, and/or extensions in term maturity. During the three and nine months ended September 30, 2016 and 2015, there were no loans modified in a TDR. At September 30, 2016 and December 31, 2015, the Company had two TDRs totaling $356,000 and $365,000, respectively (both of which are related to one borrower). Loans reported as TDRs as of September 30, 2016 and December 31, 2015 are not on nonaccrual. While the borrower is having financial difficulty, the borrower has not missed a scheduled payment under the terms of the loan agreement. The Company did not place these TDRs on nonaccrual as the only concession granted to the borrower was an extension of the maturity date to provide the borrower additional time needed to sell the collateral associated with these two loans. At September 30, 2016, these loans are performing as expected post-modification. There were no acquired loans classified as TDRs. For restructured loans in the portfolio, the Company had no loan loss reserves at September 30, 2016 and December 31, 2015, respectively. There were no outstanding commitments to advance additional funds to customer relationships whose loans had been restructured as of September 30, 2016 and December 31, 2015. Loans modified as TDRs within the previous 12 months and for which there was a payment default during the period are calculated by first identifying TDRs that defaulted during the period and then determining whether they were modified within the 12 months prior to the default. For the three and nine months ended September 30, 2016 and 2015, there were no loans modified during the previous 12 months that defaulted during the period. One of the most significant factors in assessing the credit quality of the Company’s loan portfolio is the risk rating. The Company uses the following risk ratings to manage the credit quality of its loan portfolio: pass, other loans especially mentioned (OLEM), substandard, doubtful and loss. OLEM are those loans in which the borrower exhibits potential weakness that may, if not corrected or reversed, weaken the Bank’s credit position at some future date. These loans may not show problems as yet due to the borrower’s apparent ability to service the debt, but special circumstances surround the loans of which the Bank’s management should be aware. Substandard risk rated loans are those loans whose full final collectability may not appear to be a matter for serious doubt, but which nevertheless have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt and require close supervision by management. Loans that have a risk rating of doubtful have all the weakness inherent in one graded substandard with the added provision that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and value, highly questionable. A loss loan is one that is considered uncollectible and will be charged-off immediately. All other loans not rated OLEM, substandard, doubtful or loss are considered to have a pass risk rating. Substandard and doubtful risk rated loans are evaluated for impairment. The following table presents a summary of the risk ratings by portfolio segment and class segment at September 30, 2016 and December 31, 2015. Internal Risk Rating Grades - Originated Loan Portfolio At September 30, 2016 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Acquired Loan Portfolio At September 30, 2016 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ — $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Originated Loan Portfolio At December 31, 2015 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — Real estate - construction Residential — — — — Commercial — — Real estate - residential Single family — — Multi-family — — — — Home equity lines — — — Consumer Installment — — — — Credit cards — — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Acquired Loan Portfolio At December 31, 2015 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — — — Total Loans Receivable $ $ $ $ — $ —

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities
Derivative Instruments and Hedging Activities	Note 7 Derivative Instruments and Hedging Activities The Company records its derivatives at their fair values in either a gain or loss position and is presented on a gross basis in other assets and other liabilities, respectively, on the statement of condition. The Company does not enter into derivative transactions for speculative purposes. For derivatives designated as hedges, the Company contemporaneously documents the hedging relationship, including the risk management objective and strategy for undertaking the hedge, how effectiveness will be assessed at inception and at each reporting period and the method for measuring ineffectiveness. The Company evaluates the effectiveness of these transactions at inception and on an ongoing basis. Ineffectiveness is recorded through earnings. For derivatives designated as cash flow hedges, the fair value adjustment is recorded as a component of other comprehensive income, net of tax, except for the ineffective portion which is recorded in earnings. For derivatives designated as fair value hedges, the fair value adjustments for both the hedged item and the hedging instrument are recorded through the income statement with any difference considered the ineffective portion of the hedge. The Company discontinues hedge accounting when i) the hedge is no longer considered highly effective or ii) the derivative matures or is sold or terminates. When hedge accounting is discontinued because it is probable an anticipated loan sale will not occur, the Company recognizes immediately in earnings any gains and losses that were accumulated in other comprehensive income. The Company enters into rate lock commitments to finance residential mortgage loans with its customers. These commitments, which contain fixed expiration dates, offer the borrower an interest rate guarantee provided the loan meets underwriting guidelines and closes within the timeframe established by the Company. Interest rate risk arises on these commitments and subsequently closed loans if interest rates change between the time of the interest rate lock and the delivery of the loan to the investor. The Company is also a party to forward mortgage loan sales contracts to sell loans servicing released and short sales of mortgage-backed securities. When the interest rate is locked with the borrower, the rate lock commitment, forward sale agreement, and mortgage-backed security position are undesignated derivatives and marked to fair value through earnings. The fair value of the rate lock derivative includes the servicing premium and the interest spread for the difference between retail and wholesale mortgage rates. Realized and unrealized gains on mortgage banking activities represents the gain recognized for the period presented and associated elements of fair value. The Company sells mortgage loans on either a best efforts or mandatory delivery basis. For those loans selected to be sold under best efforts delivery, at the closing of the loan, the rate lock commitment derivative expires and the Company records a loan held for sale at lower of cost or fair value and continues to be obligated under the same forward loan sales contract entered into at inception of the rate lock commitment. On the date the mortgage loan closes, the anticipated future sales proceeds from loan held for sale is designated as the hedged item in a cash flow hedge relationship and the forward loan sale commitment is designated as the hedging instrument. For loans sold on a mandatory delivery basis, the Company enters into a trade of mortgage-backed securities (the “residual hedge”) to mitigate the effect of interest rate risk. Both the rate lock commitment under mandatory delivery and the residual hedge are recorded at fair value through earnings and are not designated as accounting hedges. At the closing of the mandatory delivery loan, the loan commitment derivative expires and the Company records a loan held for sale at fair value and continues to mark these assets to market under the election of fair value option. The Company closes out of the trading mortgage-backed securities assigned within the residual hedge and replaces the securities with a forward sales contract once a price has been accepted by an investor and recorded at fair value. At September 30, 2016, accumulated other comprehensive income included an unrealized loss, net of tax, of $201,000 related to forward loan sales contracts designated as the hedging instrument in the cash flow hedge related to best efforts delivery. Loans held for sale are generally sold within thirty days of closing and, therefore, all or substantially all of the amount recorded in accumulated other comprehensive income at September 30, 2016 which is related to the Company’s cash flow hedges will be recognized in earnings during the fourth quarter of 2016. For the three and nine months ended September 30, 2016 and 2015, the Company recognized minimal amounts due to cash flow hedge ineffectiveness. For the three and nine months ended September 30, 2016, the Company recognized net gains of $166,000 and $590,000, respectively, related to the fair values of the mandatory rate lock commitments and loans held for sale under mandatory delivery net of losses related to the residual hedge. At September 30, 2016, the Company had $376.3 million in residential mortgage rate lock commitments and associated forward sales and mortgage-backed securities in the residual hedge, and $136.6 million in forward loan sales associated with $432.3 million of loans that had closed and were presented as held for sale. The following tables disclose the derivative instruments’ location on the Company’s statement of condition and the fair value of those instruments at September 30, 2016 and December 31, 2015. In addition, the gains and losses related to these derivative instruments are provided for the three and nine months ended September 30, 2016 and 2015. Derivative Instruments and Hedging Activities At September 30, 2016 (in thousands) Asset Derivatives Liability Derivatives Balance Sheet Notional Amount Fair Value Balance Sheet Notional Amount Fair Value Derivatives Instruments Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ Total Designated Instruments Derivatives Instruments Not Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ TBA mortgage-backed securities Accrued Interest Receivable and Other Assets — — Accrued Interest Payable and Other Liabilities Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Undesignated Instruments Total Derivatives $ $ $ $ Derivative Instruments and Hedging Activities At December 31, 2015 (in thousands) Asset Derivatives Liability Derivatives Balance Sheet Fair Value Balance Sheet Fair Value Derivatives Instruments Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ Accrued Interest Payable and Other Liabilities $ Interest Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Designated Instruments Derivatives Instruments Not Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ Accrued Interest Payable and Other Liabilities $ TBA mortgage-backed securities Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Undesignated Instruments Total Derivatives $ $ Impact of Derivative Instruments on the Statement of Income For the Three Months Ended September 30, 2016 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Forward Loan Sales Commitments $ Other Income $ ) Other Income $ — Total $ $ ) $ — Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Interest Rate Lock Commitments TBA mortgage-backed securities $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Realized and unrealized gains on mortgage banking activities Total ) Other Income $ Impact of Derivative Instruments on the Statement of Income For the Nine Months Ended September 30, 2016 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Forward Loan Sales Commitments $ Other Income $ ) Other Income $ — Total $ $ ) $ — Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Interest Rate Lock Commitments $ Realized and unrealized gains on mortgage banking activities TBA mortgage-backed securities ) Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Total $ Impact of Derivative Instruments on the Statement of Income For the Three Months Ended September 30, 2015 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Interest Rate Lock Commitments $ ) Other Income $ Other Income $ Forward Loan Sales Commitments ) Other Income ) Other Income — Total $ ) $ ) $ Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Rate Lock Commitment $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Rate Lock Commitments Other Income Total $ Impact of Derivative Instruments on the Statement of Income For the Nine Months Ended September 30, 2015 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Income on Interest Rate Lock Commitments $ ) Other Income $ Other Income $ Forward Loan Sales Commitments ) Other Income ) Other Income — Total $ ) $ $ Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Rate Lock Commitment $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Rate Lock Commitments Other Income Total $ Mortgage Banking Derivatives At September 30, 2016 (in thousands) The following table reflects the notional amount and fair value of mortgage banking derivatives included in the Company’s statement of condition: Asset Derivatives Liability Derivatives Balance Sheet Notional Amount Fair Value Balance Sheet Notional Amount Fair Value Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ Interest Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities TBA mortgage-backed securities Accrued Interest Receivable and Other Assets — — Accrued Interest Payable and Other Liabilities $ $ $ $

Goodwill and Other Intangibles

Goodwill and Other Intangibles	9 Months Ended
	Sep. 30, 2016
Goodwill and Other Intangibles
Goodwill and Other Intangibles	Note 8 Goodwill and Other Intangibles Information concerning total amortizable other intangible assets at September 30, 2016 is as follows: Commercial Banking Mortgage Banking Total (In thousands) Gross Carrying Accumulated Gross Carrying Accumulated Gross Carrying Accumulated Balance at December 31, 2015 $ $ $ $ $ $ 2016 activity: Amortization — — — — Balance at September 30, 2016 $ $ $ $ $ $ The aggregate amortization expense was $147,000 and $180,000 for three months ended September 30, 2016 and 2015, respectively. For the nine months ended September 30, 2016 and 2015, the aggregate amortization expense was $461,000 and $565,000, respectively. The estimated amortization expense for the next five years and thereafter is as follows: (In thousands) 2016 (October — December) $ 2017 2018 2019 2020 The carrying amount of goodwill at September 30, 2016 was as follows: (In thousands) Commercial Mortgage Total Balance at December 31, 2015 $ $ $ Activity: None — — — Balance at September 30, 2016 $ $ $ Goodwill is evaluated for impairment on an annual basis or more frequently if events or circumstances warrant. The Company performs its annual recoverability assessment each September for the commercial and mortgage banking business segments. After evaluating all relevant facts and circumstances, the Company has determined that it is more likely than not that the fair value of both the commercial and mortgage banking reporting units exceed their carrying value and no goodwill impairment is indicated.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies
Commitments and Contingencies	Note 9 Commitments and Contingencies The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Commitments to extend credit are agreements to lend to a customer so long as there is no violation of any condition established in the contract. Commitments usually have fixed expiration dates up to one year or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. These instruments represent obligations of the Company to extend credit or guarantee borrowings and are not recorded on the consolidated statements of financial condition. The rates and terms of these instruments are competitive with others in the market in which the Company operates. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. The Company evaluates each customer’s creditworthiness on a case-by-case basis and requires collateral to support financial instruments when deemed necessary. The amount of collateral obtained upon extension of credit is based upon management’s evaluation of the counterparty. Collateral held varies but may include deposits held by the Company, marketable securities, accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of the contractual obligations by a customer to a third party. The majority of these guarantees extend until satisfactory completion of the customer’s contractual obligations. All standby letters of credit outstanding at September 30, 2016 are collateralized. Commitments to extend credit of $1.2 billion primarily have floating rates as of September 30, 2016. At September 30, 2016, standby letters of credit were $35.5 million. In addition, commitments to extend credit of $411.2 million as of September 30, 2016 are related to George Mason’s mortgage loan funding commitments and are of a short term nature. These off-balance sheet financial instruments may involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated statements of financial condition. Credit risk is defined as the possibility of sustaining a loss because the other parties to a financial instrument fail to perform in accordance with the terms of the contract. The Company’s maximum exposure to credit loss under standby letters of credit and commitments to extend credit is represented by the contractual amounts of those instruments. It is uncertain as to the amount, if any, that the Company will be required to fund on these commitments as many such arrangements expire with no amounts drawn. George Mason provides for its estimated exposure to repurchase loans previously sold to investors for which borrowers failed to provide full and accurate information on their loan application or for which appraisals have not been acceptable or where the loan was not underwritten in accordance with the loan program specified by the loan investor, and for other exposure to its investors related to loan sales activities. The Company evaluates the merits of each claim and estimates its reserve based on actual and expected claims received and considers the historical amounts paid to settle such claims. George Mason has a reserve of $0 and $500,000 as of September 30, 2016 and December 31, 2015, respectively. The Company has derivative counter-party risk that may arise from the possible inability of George Mason’s third party investors to meet the terms of their forward sales contracts. George Mason works with third-party investors that are generally well-capitalized, are investment grade and exhibit strong financial performance to mitigate this risk. The Company does not expect any third-party investor to fail to meet its obligation.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements
Fair Value Measurements	Note 10 Fair Value Measurements The fair value framework under U.S. generally accepted accounting principles defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring the fair value. There are three levels of inputs that may be used to measure fair value: Level 1 — Quoted prices in active markets for identical assets or liabilities as of the measurement date. Level 2 — 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; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Recurring Fair Value Measurements All classes of the Company’s investment securities available-for-sale, the Company’s trading investment securities, which include cash equivalents and mutual funds, and bank-owned life insurance are recorded at fair value, measured using reliable and unbiased valuations by an industry-wide valuation service and therefore fall into the Level 2 category. This service uses evaluated pricing models that vary based on asset class and include available trade, bid, and other market information. Generally, the methodology includes broker quotes, proprietary models, vast descriptive terms and conditions databases, as well as extensive quality control programs. The Company records its interest rate lock commitments and forward loan sales commitments at fair value determined as the amount that would be required to settle each of these derivative financial instruments at the balance sheet date. In the normal course of business, George Mason enters into contractual interest rate lock commitments to extend credit to borrowers with fixed expiration dates. The commitments become effective when the borrowers “lock-in” a specified interest rate within the time frames established by the mortgage companies. All borrowers are evaluated for credit worthiness prior to the extension of the commitment. Market risk arises if interest rates move adversely between the time of the interest rate lock by the borrower and the sale date of the loan to the investor. To mitigate the effect of the interest rate risk inherent in providing rate lock commitments to borrowers, George Mason enters into either a forward sales contract to sell loans to investors when using best efforts or a TBA mortgage-backed security under mandatory delivery. As TBA mortgage-backed securities are actively traded in an open market, TBA mortgage-backed securities fall into a Level 1 category. The forward sales contracts lock in an interest rate and price for the sale of loans similar to the specific rate lock commitments. Under the Company’s best efforts model, the rate lock commitments to borrowers and the forward sales contracts to investors through to the date the loan closes are undesignated derivatives and accordingly, are marked to fair value through earnings. These valuations fall into a Level 2 category. For residential mortgage loans sold on a mandatory delivery basis, the interest rate lock commitments and associated loans closed are recorded at fair value which is measured using valuations from investors for loans with similar characteristics adjusted for the Company’s actual sales experience versus the investor’s indicated pricing. These valuations fall into the Level 3 category. There were no significant transfers between Level 1, Level 2 and Level 3 measurements in the fair value hierarchy during the nine months ended September 30, 2016. Transfers between levels are recognized at the end of each reporting period. The valuation technique used for fair value measurements using significant other observable inputs (Level 2) is the market approach for each class of assets and liabilities. Assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 are shown below: At September 30, 2016 (In Thousands) Fair Value Measurements Using Quoted Prices in Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Investment securities available-for-sale: U.S. government-sponsored agencies $ $ — $ $ — Mortgage-backed securities — — Municipal securities — — Total investment securities available-for-sale — — Investment securities — trading — — Loans held for sale — — Bank-owned life insurance — — Derivative asset - rate lock and forward loan sales commitments — Derivative asset — interest rate lock commitments — — Derivative liability - rate lock and forward loan sales commitments — — Derivative liability — interest rate lock commitments — — Derivative liability — TBA mortgage-backed securities — — At December 31, 2015 (In Thousands) Fair Value Measurements Using Quoted Prices in Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Investment securities available-for-sale: U.S. government-sponsored agencies $ $ — $ $ — Mortgage-backed securities — — Municipal securities — — Total investment securities available-for-sale — — Investment securities — trading — — Bank-owned life insurance — — Derivative asset - rate lock and forward loan sales commitments — — Derivative asset — interest rate lock commitments — — Derivative asset — TBA mortgage-backed securities — — Derivative liability - rate lock and forward loan sales commitments — — Derivative liability — interest rate lock commitments — — Derivative liability — TBA mortgage-backed securities — — During the third quarter of 2016, the Company updated its fair valuation technique for interest rate lock commitments and loans held for sale under mandatory delivery. A reconciliation of recurring fair value measurements categorized as Level 3 is presented below: (In thousands) 2016 Beginning Balance, January 1 $ — Originations of loans held for sale Sales of loans held for sale -316,485 Gains or losses during the period recognized in earnings Ending Balance, September 30 $ Quantitative information about the significant unobservable inputs used in the Level 3 fair value measurement for mandatory interest rate lock commitments and loans held for sale is presented below. Fair Value at Valuation Unobservable Range (In thousands) September 30, 2016 Technique Input (Weighted Average) Loans held for sale $ Market Pricing Analysis Historical Sales Prices 0.09 - 0.49% (0.23%) Derivative asset attributable to mandatory rate lock commitments Market Pricing Analysis Historical Sales Prices 0.09 - 0.49% (0.24%) Nonrecurring Fair Value Measurements Certain assets and liabilities are measured at fair value on a nonrecurring basis and are not included in the tables above. These assets include the valuation of the Company’s loans receivable — evaluated for impairment and other real estate owned. Neither was measured at fair value at September 30, 2016 or December 31, 2015. In addition, loans held for sale that are delivered on a best efforts basis are recorded at the lower of cost or fair value. Loans held for sale with fair values less than cost are measured at fair value on a nonrecurring basis. Fair value for fixed rate residential mortgages is based upon the pricing of similar coupon mortgage-backed securities and for adjustable rate loans the Company uses investor indicated pricing. Loans held for sale that are measured at fair value on a nonrecurring basis at September 30, 2016 and December 31, 2015 were $34.2 million and $335,000, respectively. The Company’s loans receivable — evaluated for impairment are measured at the present value of its expected future cash flows discounted at the loan’s coupon rate, or at the loan’s observable market price or fair value of the collateral if the loan is collateral dependent. The Company measures the collateral value on loans receivable — evaluated for impairment by obtaining an updated appraisal of the underlying collateral and may discount further the appraised value, if necessary, to an amount equal to the expected cash proceeds in the event the loan is foreclosed upon and the collateral is sold. This third party appraisal data is based on market comparisons and may be subject to further adjustment for certain non-observable criteria. In addition, an estimate of costs to sell the collateral is assumed. Although management uses its best judgment in estimating the fair value of financial instruments, there are inherent limitations in any estimation technique. Because of the wide range of valuation techniques and the numerous estimates and assumptions which must be made, it may be difficult to make reasonable comparisons between the Company’s fair value information and that of other banking institutions. It is important that the many uncertainties be considered when using the estimated fair value disclosures and that, because of these uncertainties, the aggregate fair value amount should not be construed as representative of the underlying value of the Company. Fair Value of Financial Instruments The assumptions used and the estimates disclosed represent management’s best judgment of appropriate valuation methods for estimating the fair value of financial instruments. These estimates are based on pertinent information available to management at the valuation date. In certain cases, fair values are not subject to precise quantification or verification and may change as economic and market factors and management’s evaluation of those factors change. The following summarizes the significant methodologies and assumptions used in estimating the fair values presented in the following table, and not disclosed elsewhere in this footnote. Cash and Cash Equivalents The carrying amount of cash and cash equivalents is used as a reasonable estimate of fair value. Investment Securities Held-to-Maturity and Other Investments Fair values for certain investment securities held-to-maturity are based on quoted market prices or prices quoted for similar financial instruments. For the pooled trust preferred securities that are held-to-maturity, the Company estimates the fair value of these securities through the use of internal calculations and through information provided by external pricing sources. Certain other investments such as Federal Home Loan Bank stock is recorded at cost as this is the estimated fair value based on its redemption provisions. Loans Held for Sale Loans held for sale that are sold under best efforts delivery are carried at the lower of cost or estimated fair value. The estimated fair value is based upon the related purchase price commitments from secondary market investors. Loans Receivable, Net In order to determine the fair market value for loans receivable, the loan portfolio was segmented based on loan type, credit quality and maturities. For certain variable rate loans with no significant credit concerns and frequent repricings, estimated fair values are based on current carrying amounts. The fair values of other loans are estimated using discounted cash flow analyses, at interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. The fair value analysis also included other assumptions to estimate fair value, intended to approximate those a market participant would use in an orderly transaction, with adjustments for discount rates, interest rates, liquidity, as appropriate. This method of estimating fair value does not incorporate the exit-price concept of fair value which is appropriate for this disclosure. Deposits The fair values for demand deposits are equal to the carrying amount since they are payable on demand at the reporting date. The carrying amounts of variable rate, fixed-term money market accounts and certificates of deposit (CDs) approximate their fair value at the reporting date. Fair values for fixed rate CDs are estimated using a discounted cash flow calculation that applies interest rates currently being offered on CDs to a schedule of aggregated expected monthly maturities on time deposits. Other Borrowed Funds The fair value of other borrowed funds is estimated using a discounted cash flow calculation that applies interest rates currently available for loans with similar terms. Accrued Interest Receivable The carrying amount of accrued interest receivable approximates its fair value. The following summarizes the carrying amount of these financial assets and liabilities that the Company has not recorded at fair value on a recurring or nonrecurring basis disclosed elsewhere in this note at September 30, 2016 and December 31, 2015: September 30, 2016 Carrying Estimated Fair Value Measurements Using (In thousands) Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ $ $ $ — $ — Investment securities held-to-maturity and other investments — — Loans held for sale — — Loans receivable, net — Accrued interest receivable — — Financial liabilities: Demand deposits $ $ $ $ — $ — Interest checking — — Money market and statement savings — — Certificates of deposit — — Other borrowed funds — — Accrued interest payable — — December 31, 2015 Carrying Estimated Fair Value Measurements Using (In thousands) Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ $ $ $ — $ — Investment securities held-to-maturity and other investments — Loans held for sale — — Loans receivable, net — Accrued interest receivable — — Financial liabilities: Demand deposits $ $ $ $ — $ — Interest checking — — Money market and statement savings — — Certificates of deposit — — Other borrowed funds — — Accrued interest payable — —

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income	Note 11 Accumulated Other Comprehensive Income Changes in accumulated other comprehensive income (“AOCI”) for the three and nine months ended September 30, 2016 and 2015 are shown in the following table. Available For Sale (Dollars in thousands) Securities Cash Flow Hedges Total Three Months Ended September 30, 2016 Balance, beginning of period $ $ ) $ Net unrealized losses during the period ) ) ) Amounts reclassified from AOCI — Other comprehensive income (loss), net of tax ) ) Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Three Months Ended September 30, 2015 Balance, beginning of period $ $ ) $ Net unrealized gains (losses) during the period ) Amounts reclassified from AOCI ) ) Other comprehensive income (loss), net of tax ) Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Nine Months Ended September 30, 2016 Balance, beginning of period $ $ ) $ Net unrealized gains (losses) during the period ) Amounts reclassified from AOCI ) ) Other comprehensive income, net of tax Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Nine Months Ended September 30, 2015 Balance, beginning of period $ $ ) $ Net unrealized losses during the period ) ) ) Amounts reclassified from AOCI ) Other comprehensive loss, net of tax ) ) ) Balance, end of period $ $ ) $ Reclassifications Out of Accumulated Other Comprehensive Income The following table presents information related to reclassifications from accumulated other comprehensive income. Details about Accumulated Other Amount Reclassified from Accumulated Other Comprehensive Comprehnsive Income Three Months Ended September 30, Affected Line Item in the Consolidated (In thousands) 2016 2015 Statements of Income Available For Sale Securities $ — $ Net realized gain on investment securities-available for sale — ) Tax (expense) or benefit Total $ — $ Net of tax Cash Flow Hedge Forward Loan Sales Commitments $ ) $ ) Realized and unrealized gains on mortgage banking activities Tax (expense) or benefit Total $ ) $ ) Net of tax Total reclassifications for the period $ ) $ Net of tax Details about Accumulated Other Amount Reclassified from Accumulated Other Comprehensive Comprehnsive Income Nine Months Ended September 30, Affected Line Item in the Consolidated (In thousands) 2016 2015 Statements of Income Available For Sale Securities $ $ Net realized gain on investment securities-available for sale ) ) Tax (expense) or benefit Total $ $ Net of tax Cash Flow Hedge Forward Loan Sales Commitments $ ) $ ) Realized and unrealized gains on mortgage banking activities Tax (expense) or benefit Total $ ) $ ) Net of tax Total reclassifications for the period $ $ ) Net of tax

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2016
Stock-Based Compensation
Schedule of weighted average assumptions used in estimation of the fair values of options granted as of the grant date using the Black-Scholes option-pricing model	Three Months Ended Nine months ended September 30, September 30, 2016 2015 2016 2015 Estimated option life N/A 6.5 Years 6.5 Years 6.5 Years Risk free interest rate N/A 2.07% 1.53% 1.66 - 2.07% Expected volatility N/A 36.90% 36.50% 36.90% Expected dividend yield N/A 2.46% 2.40% 2.46%
Summary of stock option activity	Weighted Weighted Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Shares Price Term (Years) Value Outstanding at December 31, 2015 $ Granted Exercised ) Forfeited ) Outstanding at September 30, 2016 $ $ Options exercisable at September 30, 2016 $ $
Summary of non-vested stock options	Weighted Average Number of Grant Date Shares Fair Value Balance at December 31, 2015 $ Granted Vested ) Forfeited ) Balance at September 30, 2016 $
Summary of restricted stock grant activity	Weighted Average Number of Grant Date Shares Fair Value Balance at December 31, 2015 $ Granted Vested ) Forfeited ) Balance at September 30, 2016 $

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Information
Schedule of information about the reportable segments and reconciliation of this information to the consolidated financial statements	At and for the Three Months Ended September 30, 2016 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes — ) — Net income (loss) $ $ $ — $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Three Months Ended September 30, 2015 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses ) — — — — ) Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Nine Months Ended September 30, 2016 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets ) At and for the Nine Months Ended September 30, 2015 (in thousands): Wealth Management Commercial Mortgage and Intersegment Banking Banking Trust Services Other Elimination Consolidated Net interest income $ $ $ — $ ) $ — $ Provision for loan losses — — — — Non-interest income — Non-interest expense — Provision for income taxes ) — Net income (loss) $ $ $ $ ) $ — $ Total Assets $ $ $ $ $ ) $ Average Assets )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share
Schedule of calculation of basic and diluted earnings per share	Three Months Ended Nine Months Ended (In thousands, September 30, September 30, except per share data) 2016 2015 2016 2015 Net income available to common shareholders $ $ $ $ Weighted average common shares - basic Weighted average common shares - diluted Earnings per common share - basic $ $ $ $ Earnings per common share - diluted $ $ $ $
Schedule of composition of basic outstanding shares	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Weighted average common shares outstanding Weighted average shares attributable to the deferred compensation plans Total weighted average shares - basic
Schedule of composition of diluted outstanding shares	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Weighted average shares outstanding - basic (from above) Incremental weighted average shares attributable to deferred compensation plans Weighted average shares attributable to vested stock options Incremental shares from stock option plans — — Incremental shares from restricted stock grants — Total weighted average shares - diluted

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Investment Securities
Schedule of approximate fair value and amortized cost of investment securities	September 30, 2016 Gross Gross Gross Amortized Unrealized Unrealized Fair (In thousands) cost Gains Losses value Investment Securities Available-for-Sale U.S. government-sponsored agencies $ $ $ — $ Mortgage-backed securities ) Municipal securities ) Total $ $ $ ) $ Investment Securities Held-to-Maturity Mortgage-backed securities $ $ — $ — $ Pooled trust preferred securities — ) Total $ $ — $ ) $ December 31, 2015 Gross Gross Gross Amortized Unrealized Unrealized Fair (In thousands) cost Gains Losses value Investment Securities Available-for-Sale U.S. government-sponsored agencies $ $ $ ) $ Mortgage-backed securities ) Municipal securities ) Total $ $ $ ) $ Investment Securities Held-to-Maturity Mortgage-backed securities $ $ — $ — $ Pooled trust preferred securities — ) Total $ $ — $ ) $
Schedule of fair value and amortized cost of investment securities by contractual maturity	September 30, 2016 Available-for-Sale Held-to-Maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Within One Year $ $ $ — $ — After 1 year but within 5 years — — After 5 years but within 10 years — — After 10 years Mortgage-backed securities Total $ $ $ $ December 31, 2015 Available-for-Sale Held-to-Maturity Amortized Fair Amortized Fair (In thousands) cost Value cost Value Within One Year $ $ $ — $ — After 1 year but within 5 years — — After 5 years but within 10 years — — After 10 years Mortgage-backed securities Total $ $ $ $
Schedule of investment securities' gross unrealized losses and their fair value, aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position	At September 30, 2016 Investment Securities Available-for- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Mortgage-backed securities $ $ ) $ $ ) $ $ ) Municipal securities ) — — ) Total temporarily impaired securities $ $ ) $ $ ) $ $ ) Investment Securities Held-to- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Pooled trust preferred securities $ — $ — $ $ ) $ $ ) Total temporarily impaired securities $ — $ — $ $ ) $ $ ) At December 31, 2015 Investment Securities Available-for- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss U.S. government sponsored agencies $ $ ) $ — $ — $ $ ) Mortgage-backed securities ) ) ) Municipal securities ) ) ) Total temporarily impaired securities $ $ ) $ $ ) $ $ ) Investment Securities Held-to- Less than 12 months 12 months or more Total (In thousands) Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Pooled trust preferred securities $ — $ — $ $ ) $ $ ) Total temporarily impaired securities $ — $ — $ $ ) $ $ )
Schedule of trading securities reflected in earnings	(in thousands) September 30, 2016 December 31, 2015 Cash equivalents $ $ Mutual funds $ $
Schedule of taxable interest income, tax exempt interest income and dividends	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Interest and dividends on securities: Taxable $ $ $ $ Tax-exempt Dividends $ $ $ $

Loans Receivable and Allowanc25

Loans Receivable and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Loans Receivable and Allowance for Loan Losses
Schedule of loan portfolio	September 30, 2016 (In thousands) Originated Acquired Total Commercial and industrial $ $ $ Real estate - commercial Real estate - construction Real estate - residential Home equity lines Consumer Net deferred fees ) — ) Loans receivable, net of deferred fees and costs Allowance for loan losses ) ) ) Loans receivable, net $ $ $ December 31, 2015 (In thousands) Originated Acquired Total Commercial and industrial $ $ $ Real estate - commercial Real estate - construction Real estate - residential Home equity lines Consumer Net deferred fees ) — ) Loans receivable, net of deferred fees and costs Allowance for loan losses ) ) ) Loans receivable, net $ $ $
Schedule of outstanding principal balance and related carrying amount of acquired loans	(in thousands) September 30, 2016 Purchased credit impaired loans Outstanding principal balance $ Carrying amount Purchased performing loans Outstanding principal balance Carrying amount Total acquired loans Outstanding principal balance Carrying amount (in thousands) December 31, 2015 Purchased credit impaired loans Outstanding principal balance $ Carrying amount Purchased performing loans Outstanding principal balance Carrying amount Total acquired loans Outstanding principal balance Carrying amount
Schedule of changes in the total discount of the outstanding principal balance of acquired loans carrying amount	(in thousands) Balance at December 31, 2015 $ ) Charge-offs — Recoveries ) Accretion Balance at September 30, 2016 $ ) (in thousands) Balance at December 31, 2014 $ ) Charge-offs Recoveries ) Accretion ) Balance at December 31, 2015 $ )
Schedule of analysis of the allowance for loan losses based on loan type, or segment, and loan portfolio, which identifies certain loans that are evaluated for individual or collective impairment	Allowance for Loan Losses For the Three Months Ended September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Lines Consumer Total Allowance for loan losses: Beginning Balance, July 1, 2016 $ $ $ $ $ $ $ Charge-offs ) — — ) — ) ) Recoveries — — — — Provision for loan losses ) ) Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Allowance for Loan Losses At and for the Nine Months Ended September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) — — ) ) ) ) Recoveries — — Provision for loan losses ) ) ) Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Ending Balance, September 30, 2016 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At September 30, 2016 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, September 30, 2016 $ $ $ $ $ $ $ Ending Balance, September 30, 2016 Individually evaluated for impairment $ $ $ — $ — $ — $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment Allowance for Loan Losses For the Three Months Ended September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Lines Consumer Total Allowance for loan losses: Beginning Balance, July 1, 2015 $ $ $ $ $ $ $ Charge-offs — — — ) — — ) Recoveries — — Provision for loan losses ) ) ) ) ) ) Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Allowance for Loan Losses At and for the Nine Months Ended September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) ) — ) ) ) ) Recoveries — — Provision for loan losses ) ) ) ) Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Ending Balance, September 30, 2015 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At September 30, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, September 30, 2015 $ $ $ $ $ $ $ Ending Balance, September 30, 2015 Individually evaluated for impairment $ $ $ — $ — $ $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment Allowance for Loan Losses For the Year Ended December 31, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Allowance for loan losses: Beginning Balance, January 1 $ $ $ $ $ $ $ Charge-offs ) — — ) ) ) ) Recoveries — — Provision for loan losses ) ) Ending Balance, December 31, 2015 $ $ $ $ $ $ $ Ending Balance, December 31, 2015 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment Loans Receivable At December 31, 2015 (In thousands) Commercial and Real Estate - Real Estate - Real Estate - Home Equity Consumer Total Loans Receivable: Ending Balance, December 31, 2015 $ $ $ $ $ $ $ Ending Balance, December 31, 2015 Individually evaluated for impairment $ $ $ — $ $ $ — $ Purchased Credit Impaired Loans — Collectively evaluated for impairment
Schedule of nonaccrual and past due loans	Nonaccrual and Past Due Loans - Originated Loan Portfolio At September 30, 2016 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ $ — $ — $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — — Multi-family — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — $ $ — $ — $ $ $ $ — $ — Nonaccrual and Past Due Loans - Acquired Loan Portfolio At September 30, 2016 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ — $ — $ $ — $ — Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — — — — — $ — $ — $ — $ — $ $ $ — $ — Nonaccrual and Past Due Loans - Originated Loan Portfolio At December 31, 2015 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ $ $ $ — $ Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — Multi-family — — — — — — Home equity lines — — — Consumer Installment — — — — — — Credit cards — — — — — — $ $ $ $ $ $ $ — $ Nonaccrual and Past Due Loans - Acquired Loan Portfolio At December 31, 2015 (In thousands) 30-59 Days 60-89 Days 90 Days or Total Past Due Current Total Loans 90 Days Past Nonaccrual Commercial and industrial $ — $ — $ $ $ $ — $ Real estate - commercial Owner occupied — — — — — — Non-owner occupied — — — — — — Real estate - construction Residential — — — — — — Commercial — — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — — — — Home equity lines — — — — — — Consumer Installment — — — — — — Credit cards — — — — — — — — $ — $ — $ $ $ $ $ — $
Schedule of additional information on impaired loans that were evaluated for specific reserves, including the recorded investment on the statement of condition and the unpaid principal balance	Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ $ Real estate - commercial — Real estate - construction — — — — — Real estate - residential — — — — Home equity lines — — — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Acquired Loan Portfolio At September 30, 2016 (In thousands) Recorded Unpaid Principal Related Interest Income Average Recorded With no related allowance: Commercial and industrial $ — $ — $ — $ — $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — Real estate - construction Residential — Commercial — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ — $ — $ — $ — $ Real estate - commercial — — — — Real estate - construction — Real estate - residential — — — — — Home equity lines — — — — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Originated Loan Portfolio At December 31, 2015 (In thousands) Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — — — — Real estate - residential Single family — Multi-family — — — — — Home equity lines — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ $ Real estate - commercial — Real estate - construction — — — — Real estate - residential — Home equity lines — — Consumer — — — — — Total $ $ $ — $ $ Impaired Loans - Acquired Loan Portfolio At December 31, 2015 (In thousands) Recorded Unpaid Principal Related Interest Income Average With no related allowance: Commercial and industrial $ $ $ — $ — $ Real estate - commercial Owner occupied — — — — — Non-owner occupied — Real estate - construction Residential — — — — — Commercial — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — With related allowance: Commercial and industrial $ — $ — $ — $ — $ — Real estate - commercial Owner occupied — — — — — Non-owner occupied — — — — — Real estate - construction Residential — — — — — Commercial — — — — — Real estate - residential Single family — — — — — Multi-family — — — — — Home equity lines — — — — — Consumer — — — — — By segment total: Commercial and industrial $ $ $ — $ — $ Real estate - commercial — Real estate - construction — Real estate - residential — — — — Home equity lines — — — — — Consumer — — — — — Total $ $ $ — $ $
Summary of the risk ratings by portfolio segment and class segment	Internal Risk Rating Grades - Originated Loan Portfolio At September 30, 2016 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Acquired Loan Portfolio At September 30, 2016 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ — $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Originated Loan Portfolio At December 31, 2015 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — — Real estate - construction Residential — — — — Commercial — — Real estate - residential Single family — — Multi-family — — — — Home equity lines — — — Consumer Installment — — — — Credit cards — — — — Total Loans Receivable $ $ $ $ — $ — Internal Risk Rating Grades - Acquired Loan Portfolio At December 31, 2015 (In thousands) Pass OLEM Substandard Doubtful Loss Commercial and industrial $ $ $ $ — $ — Real estate - commercial Owner occupied — — — — Non-owner occupied — — Real estate - construction Residential — — — — Commercial — — — — Real estate - residential Single family — — — — Multi-family — — — — — Home equity lines — — — — Consumer Installment — — — — Credit cards — — — — — Total Loans Receivable $ $ $ $ — $ —

Derivative Instruments and He26

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities
Schedule of the derivative instruments' location on the Company's statement of condition and the fair value of those instruments	Derivative Instruments and Hedging Activities At September 30, 2016 (in thousands) Asset Derivatives Liability Derivatives Balance Sheet Notional Amount Fair Value Balance Sheet Notional Amount Fair Value Derivatives Instruments Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ Total Designated Instruments Derivatives Instruments Not Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ TBA mortgage-backed securities Accrued Interest Receivable and Other Assets — — Accrued Interest Payable and Other Liabilities Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Undesignated Instruments Total Derivatives $ $ $ $ Derivative Instruments and Hedging Activities At December 31, 2015 (in thousands) Asset Derivatives Liability Derivatives Balance Sheet Fair Value Balance Sheet Fair Value Derivatives Instruments Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ Accrued Interest Payable and Other Liabilities $ Interest Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Designated Instruments Derivatives Instruments Not Designated Within a Hedging Relationship Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ Accrued Interest Payable and Other Liabilities $ TBA mortgage-backed securities Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities Total Undesignated Instruments Total Derivatives $ $
Schedule of the gains and losses related to derivative instruments	Impact of Derivative Instruments on the Statement of Income For the Three Months Ended September 30, 2016 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Forward Loan Sales Commitments $ Other Income $ ) Other Income $ — Total $ $ ) $ — Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Interest Rate Lock Commitments TBA mortgage-backed securities $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Realized and unrealized gains on mortgage banking activities Total ) Other Income $ Impact of Derivative Instruments on the Statement of Income For the Nine Months Ended September 30, 2016 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Forward Loan Sales Commitments $ Other Income $ ) Other Income $ — Total $ $ ) $ — Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Interest Rate Lock Commitments $ Realized and unrealized gains on mortgage banking activities TBA mortgage-backed securities ) Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Total $ Impact of Derivative Instruments on the Statement of Income For the Three Months Ended September 30, 2015 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Interest Rate Lock Commitments $ ) Other Income $ Other Income $ Forward Loan Sales Commitments ) Other Income ) Other Income — Total $ ) $ ) $ Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Rate Lock Commitment $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Rate Lock Commitments Other Income Total $ Impact of Derivative Instruments on the Statement of Income For the Nine Months Ended September 30, 2015 (in thousands) Derivatives in Amount of Gain Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain Income on Interest Rate Lock Commitments $ ) Other Income $ Other Income $ Forward Loan Sales Commitments ) Other Income ) Other Income — Total $ ) $ $ Amount of Gain Location of Gain Derivatives Not Designated as Hedging Instruments Rate Lock Commitment $ Realized and unrealized gains on mortgage banking activities Forward Loan Sales Commitments ) Other Income Rate Lock Commitments Other Income Total $
Schedule of notional amount and fair value of mortgage banking derivatives	Mortgage Banking Derivatives At September 30, 2016 (in thousands) Asset Derivatives Liability Derivatives Balance Sheet Notional Amount Fair Value Balance Sheet Notional Amount Fair Value Forward Loan Sales Commitments Accrued Interest Receivable and Other Assets $ $ Accrued Interest Payable and Other Liabilities $ $ Interest Rate Lock Commitments Accrued Interest Receivable and Other Assets Accrued Interest Payable and Other Liabilities TBA mortgage-backed securities Accrued Interest Receivable and Other Assets — — Accrued Interest Payable and Other Liabilities $ $ $ $

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	9 Months Ended
	Sep. 30, 2016
Goodwill and Other Intangibles
Schedule of information concerning total amortizable other intangible assets	Commercial Banking Mortgage Banking Total (In thousands) Gross Carrying Accumulated Gross Carrying Accumulated Gross Carrying Accumulated Balance at December 31, 2015 $ $ $ $ $ $ 2016 activity: Amortization — — — — Balance at September 30, 2016 $ $ $ $ $ $
Schedule of estimated amortization expense for the next five years and thereafter	(In thousands) 2016 (October — December) $ 2017 2018 2019 2020
Schedule of the carrying amount of goodwill	(In thousands) Commercial Mortgage Total Balance at December 31, 2015 $ $ $ Activity: None — — — Balance at September 30, 2016 $ $ $

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements
Schedule of assets and liabilities measured at fair value on a recurring basis	At September 30, 2016 (In Thousands) Fair Value Measurements Using Quoted Prices in Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Investment securities available-for-sale: U.S. government-sponsored agencies $ $ — $ $ — Mortgage-backed securities — — Municipal securities — — Total investment securities available-for-sale — — Investment securities — trading — — Loans held for sale — — Bank-owned life insurance — — Derivative asset - rate lock and forward loan sales commitments — Derivative asset — interest rate lock commitments — — Derivative liability - rate lock and forward loan sales commitments — — Derivative liability — interest rate lock commitments — — Derivative liability — TBA mortgage-backed securities — — At December 31, 2015 (In Thousands) Fair Value Measurements Using Quoted Prices in Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Investment securities available-for-sale: U.S. government-sponsored agencies $ $ — $ $ — Mortgage-backed securities — — Municipal securities — — Total investment securities available-for-sale — — Investment securities — trading — — Bank-owned life insurance — — Derivative asset - rate lock and forward loan sales commitments — — Derivative asset — interest rate lock commitments — — Derivative asset — TBA mortgage-backed securities — — Derivative liability - rate lock and forward loan sales commitments — — Derivative liability — interest rate lock commitments — — Derivative liability — TBA mortgage-backed securities — —
Schedule of reconciliation of recurring fair value measurements of interest rate lock commitments and loans held for sale categorized as Level 3	(In thousands) 2016 Beginning Balance, January 1 $ — Originations of loans held for sale Sales of loans held for sale -316,485 Gains or losses during the period recognized in earnings Ending Balance, September 30 $
Schedule of quantitative information of significant unobservable inputs used in Level 3 fair value measurement of interest rate lock commitments and loans held for sale	Fair Value at Valuation Unobservable Range (In thousands) September 30, 2016 Technique Input (Weighted Average) Loans held for sale $ Market Pricing Analysis Historical Sales Prices 0.09 - 0.49% (0.23%) Derivative asset attributable to mandatory rate lock commitments Market Pricing Analysis Historical Sales Prices 0.09 - 0.49% (0.24%)
Summary of the carrying amount of financial assets and liabilities that the Company has not recorded at fair value on a recurring or non recurring basis	September 30, 2016 Carrying Estimated Fair Value Measurements Using (In thousands) Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ $ $ $ — $ — Investment securities held-to-maturity and other investments — — Loans held for sale — — Loans receivable, net — Accrued interest receivable — — Financial liabilities: Demand deposits $ $ $ $ — $ — Interest checking — — Money market and statement savings — — Certificates of deposit — — Other borrowed funds — — Accrued interest payable — — December 31, 2015 Carrying Estimated Fair Value Measurements Using (In thousands) Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ $ $ $ — $ — Investment securities held-to-maturity and other investments — Loans held for sale — — Loans receivable, net — Accrued interest receivable — — Financial liabilities: Demand deposits $ $ $ $ — $ — Interest checking — — Money market and statement savings — — Certificates of deposit — — Other borrowed funds — — Accrued interest payable — —

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income
Schedule of changes in accumulated other comprehensive income	Available For Sale (Dollars in thousands) Securities Cash Flow Hedges Total Three Months Ended September 30, 2016 Balance, beginning of period $ $ ) $ Net unrealized losses during the period ) ) ) Amounts reclassified from AOCI — Other comprehensive income (loss), net of tax ) ) Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Three Months Ended September 30, 2015 Balance, beginning of period $ $ ) $ Net unrealized gains (losses) during the period ) Amounts reclassified from AOCI ) ) Other comprehensive income (loss), net of tax ) Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Nine Months Ended September 30, 2016 Balance, beginning of period $ $ ) $ Net unrealized gains (losses) during the period ) Amounts reclassified from AOCI ) ) Other comprehensive income, net of tax Balance, end of period $ $ ) $ Available For Sale Securities Cash Flow Hedges Total Nine Months Ended September 30, 2015 Balance, beginning of period $ $ ) $ Net unrealized losses during the period ) ) ) Amounts reclassified from AOCI ) Other comprehensive loss, net of tax ) ) ) Balance, end of period $ $ ) $
Schedule of reclassifications from accumulated other comprehensive income	Details about Accumulated Other Amount Reclassified from Accumulated Other Comprehensive Comprehnsive Income Three Months Ended September 30, Affected Line Item in the Consolidated (In thousands) 2016 2015 Statements of Income Available For Sale Securities $ — $ Net realized gain on investment securities-available for sale — ) Tax (expense) or benefit Total $ — $ Net of tax Cash Flow Hedge Forward Loan Sales Commitments $ ) $ ) Realized and unrealized gains on mortgage banking activities Tax (expense) or benefit Total $ ) $ ) Net of tax Total reclassifications for the period $ ) $ Net of tax Details about Accumulated Other Amount Reclassified from Accumulated Other Comprehensive Comprehnsive Income Nine Months Ended September 30, Affected Line Item in the Consolidated (In thousands) 2016 2015 Statements of Income Available For Sale Securities $ $ Net realized gain on investment securities-available for sale ) ) Tax (expense) or benefit Total $ $ Net of tax Cash Flow Hedge Forward Loan Sales Commitments $ ) $ ) Realized and unrealized gains on mortgage banking activities Tax (expense) or benefit Total $ ) $ ) Net of tax Total reclassifications for the period $ $ ) Net of tax

Organization (Details)

Organization (Details)	Aug. 18, 2016shares	Sep. 30, 2016item
Organization
Number of nonbank subsidiaries | item		1
United Bankshares, Inc
Organization
Number of shares received under Merger agreement for each share | shares	0.71

Stock-Based Compensation (Detai

Stock-Based Compensation (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)item$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares	Sep. 30, 2016USD ($)item$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares	Nov. 23, 2008shares	Dec. 31, 1998shares
Stock-Based Compensation
Number of stock-based employee compensation plans | item	2		2
Total expense related to share-based compensation plans | $	$ 408,000	$ 344,000	$ 2,000,000	$ 1,200,000
Total income tax benefit recognized in the income statement for share-based compensation arrangements | $	138,000	$ 115,000	$ 668,000	$ 405,000
Weighted average assumptions used in estimation of fair values of options
Term of the U.S. Treasury note on which the risk free interest rate is based			7 years
Additional stock-based compensation information
Total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the plans | $	$ 2,100,000		$ 2,100,000
Expected weighted-average period for recognition of unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the plans			2 years 4 months 24 days
Stock options
Stock-Based Compensation
Granted (in shares)	0	750	17,000	119,000
Weighted average per share fair value of stock option grants (in dollars per share) | $ / shares		$ 6.98	$ 5.59	$ 5.95
Weighted average assumptions used in estimation of fair values of options
Estimated option life		6 years 6 months	6 years 6 months	6 years 6 months
Risk free interest rate (as a percent)		2.07%	1.53%
Risk free interest rate, low end of range (as a percent)				1.66%
Risk free interest rate, high end of range (as a percent)				2.07%
Expected volatility (as a percent)		36.90%	36.50%	36.90%
Expected dividend yield (as a percent)		2.46%	2.40%	2.46%
Stock option, number of shares
Outstanding at the beginning of the period (in shares)			1,023,550
Granted (in shares)	0	750	17,000	119,000
Exercised (in shares)			(374,272)
Forfeited (in shares)			(6,334)
Outstanding at the end of the period (in shares)	659,944		659,944
Options exercisable at the end of the period (in shares)	562,432		562,432
Stock option, weighted average exercise price
Outstanding at the beginning of the period (in dollars per share) | $ / shares			$ 14.97
Granted (in dollars per share) | $ / shares			19.18
Exercised (in dollars per share) | $ / shares			15.90
Forfeited (in dollars per share) | $ / shares			15.84
Outstanding at the end of the period (in dollars per share) | $ / shares	$ 14.54		14.54
Options exercisable at the end of the period (in dollars per share) | $ / shares	$ 13.87		$ 13.87
Stock option, weighted average remaining contractual term (years)
Outstanding at the end of the period			6 years 1 month 6 days
Options exercisable at the end of the period			5 years 9 months 11 days
Stock option, aggregate intrinsic value
Outstanding at the end of the period (in dollars) | $	$ 7,625,374		$ 7,625,374
Options exercisable at the end of the period (in dollars) | $	6,870,567		6,870,567
Intrinsic value of options exercised (in dollars) | $	$ 3,600,000	$ 3,000	$ 3,800,000	$ 1,200,000
Non-vested stock options, number of shares
Balance at the beginning of the period (in shares)			300,125
Granted (in shares)	0	750	17,000	119,000
Vested (in shares)			(215,579)
Forfeited (in shares)			(4,034)
Balance at the end of the period (in shares)	97,512		97,512
Non-vested stock options, weighted average grant date fair value
Balance at the beginning of the period (in dollars per share) | $ / shares			$ 5.67
Granted (in dollars per share) | $ / shares		$ 6.98	5.59	$ 5.95
Vested (in dollars per share) | $ / shares			5.70
Forfeited (in dollars per share) | $ / shares			5.93
Balance at the end of the period (in dollars per share) | $ / shares	$ 5.58		$ 5.58
Additional stock-based compensation information
Total fair value of shares that vested | $	$ 41,000	$ 44,000	$ 1,200,000	$ 1,000,000
Stock options | Director
Stock-Based Compensation
Term			10 years
Stock options | Employee
Stock-Based Compensation
Term			10 years
Percentage vesting of options on the date of grant			25.00%
Stock options | Employee | Grants exercisable after first year of service
Stock-Based Compensation
Term			10 years
Increments in which the stock options vest and become fully exercisable, beginning after the first year of their service (as a percent)			20.00%
Stock options | Employee | Grants fully exercisable at the date of grant
Stock-Based Compensation
Term			10 years
Percentage vesting of options on the date of grant			0.33%
Restricted stock
Restricted stock, number of shares
Balance at the beginning of the period (in shares)			65,932
Granted (in shares)			107,100
Vested (in shares)			(55,309)
Forfeited (in shares)			(13,817)
Balance at the end of the period (in shares)	103,906		103,906
Restricted stock, weighted average grant date fair value
Balance at the beginning of the period (in dollars per share) | $ / shares			$ 21.76
Granted (in dollars per share) | $ / shares			19.68
Vested (in dollars per share) | $ / shares			20.36
Forfeited (in dollars per share) | $ / shares			20.37
Balance at the end of the period (in dollars per share) | $ / shares	$ 20.55		$ 20.55
Additional stock-based compensation information
Total fair value of restricted stock that vested | $	$ 199,000	$ 0	$ 1,200,000	$ 134,000
Restricted stock | Employee
Stock-Based Compensation
Percentage vesting of options on the date of grant			0.33%
Restricted stock | Executive officer
Stock-Based Compensation
Percentage vesting of options on the date of grant			0.33%
Vesting period of remaining unvested awards			2 years
Option Plan
Stock-Based Compensation
Number of shares of common stock reserved for issuance						625,000
Number of shares of the company's common stock available for future grants and awards					0
Equity Plan
Stock-Based Compensation
Number of shares of the company's common stock available for future grants and awards	94,576		94,576

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)segment	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Segment Information
Number of business segments | segment			3
Net interest income	$ 32,965	$ 29,634	$ 95,195	$ 85,923
Provision for loan losses	990	(547)	1,670	939	$ 1,388
Non-interest income	17,491	10,267	53,247	43,600
Non-interest expense	30,335	23,995	86,743	71,016
Provision for income taxes	6,609	5,244	20,339	19,249
Net income	12,522	11,209	39,690	38,319
Total Assets	4,219,648	3,881,736	4,219,648	3,881,736	$ 4,029,921
Average Assets	4,226,785	3,741,389	4,096,474	3,580,561
Operating segment | Commercial Banking
Segment Information
Net interest income	32,980	29,137	94,968	84,632
Provision for loan losses	990	(547)	1,670	939
Non-interest income	1,391	1,723	7,278	4,329
Non-interest expense	15,940	15,339	51,914	44,223
Provision for income taxes	5,978	5,089	16,200	14,209
Net income	11,463	10,979	32,462	29,590
Total Assets	4,113,690	3,808,263	4,113,690	3,808,263
Average Assets	4,140,341	3,674,500	4,015,870	3,516,829
Operating segment | Mortgage Banking
Segment Information
Net interest income	196	682	836	1,834
Non-interest income	15,669	8,217	45,170	35,583
Non-interest expense	11,464	7,905	29,809	23,213
Provision for income taxes	1,585	363	5,835	5,187
Net income	2,816	631	10,362	9,017
Total Assets	487,704	421,132	487,704	421,132
Average Assets	455,608	380,504	395,642	359,173
Operating segment | Wealth Management and Trust Services
Segment Information
Non-interest income	94	131	344	356
Non-interest expense	94	112	249	330
Provision for income taxes		7	33	9
Net income		12	62	17
Total Assets	603	2,428	603	2,428
Average Assets	2,525	2,430	1,861	2,418
Other
Segment Information
Net interest income	(211)	(185)	(609)	(543)
Non-interest income	337	196	455	3,332
Non-interest expense	2,837	639	4,771	3,250
Provision for income taxes	(954)	(215)	(1,729)	(156)
Net income	(1,757)	(413)	(3,196)	(305)
Total Assets	452,757	407,566	452,757	407,566
Average Assets	453,874	409,191	455,598	413,978
Intersegment Elimination
Segment Information
Total Assets	(835,106)	(757,653)	(835,106)	(757,653)
Average Assets	$ (825,563)	$ (725,236)	$ (772,497)	$ (711,837)

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Calculation of basic and diluted earnings per share
Net income available to common shareholders (in dollars)	$ 12,522	$ 11,209	$ 39,690	$ 38,319
Weighted average common shares - basic (in shares)	33,200,000	32,767,000	33,071,000	32,710,000
Weighted average common shares - diluted (in shares)	33,767,000	33,311,000	33,577,000	33,192,000
Earnings per common share - basic	$ 0.38	$ 0.34	$ 1.20	$ 1.17
Earnings per common share - diluted	$ 0.37	$ 0.34	$ 1.18	$ 1.15
Composition of basic outstanding shares
Weighted average common shares outstanding	32,572,000	32,209,000	32,463,000	32,173,000
Weighted average shares attributable to the deferred compensation plans	628,000	558,000	608,000	537,000
Total weighted average shares - basic	33,200,000	32,767,000	33,071,000	32,710,000
Composition of diluted outstanding shares
Weighted average common shares - basic (in shares)	33,200,000	32,767,000	33,071,000	32,710,000
Incremental weighted average shares attributable to deferred compensation plans	363,000	307,000	340,000	285,000
Weighted average shares attributable to vested stock options	161,000	230,000	127,000	197,000
Incremental shares from stock option plans	9,000	5,000
Incremental shares from restricted stock grants	34,000	2,000	39,000
Total weighted average shares - diluted	33,767,000	33,311,000	33,577,000	33,192,000
Stock options
Composition of diluted outstanding shares
Antidilutive outstanding stock options excluded from the weighted average shares outstanding for the diluted earnings per share calculation (in shares)	0	0	150	0
Restricted stock
Composition of diluted outstanding shares
Antidilutive outstanding stock options excluded from the weighted average shares outstanding for the diluted earnings per share calculation (in shares)	0	6	0	363

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investment Securities Available-for-Sale
Gross Amortized cost	$ 371,418	$ 402,132
Gross Unrealized Gains	15,925	12,454
Gross Unrealized Losses	(193)	(509)
Fair value	387,150	414,077
Investment Securities Held-to-Maturity
Gross Amortized cost	3,780	3,836
Gross Unrealized Losses	(421)	(525)
Fair Value	3,359	3,311
Available-for-Sale, Amortized Cost
Within One Year	15,324	9,225
After 1 year but within 5 years	54,600	52,510
After 5 years but within 10 years	24,837	38,095
After 10 years	118,911	143,343
Mortgage-backed securities	157,746	158,959
Total	371,418	402,132
Available-for-Sale, Fair Value
Within One Year	15,652	9,382
After 1 year but within 5 years	57,583	55,120
After 5 years but within 10 years	25,872	40,243
After 10 years	123,582	146,608
Mortgage-backed securities	164,461	162,724
Fair Value	387,150	414,077
Held-to-Maturity, Amortized cost
After 10 years	3,779	3,833
Mortgage-backed securities	1	3
Total	3,780	3,836
Held-to-Maturity, Fair Value
After 10 years	3,358	3,308
Mortgage-backed securities	1	3
Fair Value	3,359	3,311
U.S. government-sponsored agencies
Investment Securities Available-for-Sale
Gross Amortized cost	40,220	70,617
Gross Unrealized Gains	750	2,318
Gross Unrealized Losses		(30)
Fair value	40,970	72,905
Available-for-Sale, Fair Value
Fair Value	40,970	72,905
TBA mortgage-backed securities
Investment Securities Available-for-Sale
Gross Amortized cost	157,746	158,959
Gross Unrealized Gains	6,864	3,982
Gross Unrealized Losses	(149)	(217)
Fair value	164,461	162,724
Investment Securities Held-to-Maturity
Gross Amortized cost	1	3
Fair Value	1	3
Available-for-Sale, Fair Value
Fair Value	164,461	162,724
Held-to-Maturity, Fair Value
Fair Value	1	3
Municipal securities
Investment Securities Available-for-Sale
Gross Amortized cost	173,452	172,556
Gross Unrealized Gains	8,311	6,154
Gross Unrealized Losses	(44)	(262)
Fair value	181,719	178,448
Available-for-Sale, Fair Value
Fair Value	181,719	178,448
Pooled trust preferred securities
Investment Securities Held-to-Maturity
Gross Amortized cost	3,779	3,833
Gross Unrealized Losses	(421)	(525)
Fair Value	3,358	3,308
Held-to-Maturity, Fair Value
Fair Value	$ 3,358	$ 3,308

Investment Securities - Other I

Investment Securities - Other Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investment Securities Available-for-Sale, Total temporarily impaired securities
Less than 12 months, Fair Value	$ 7,815	$ 87,055
Less than 12 months, Unrealized loss	(178)	(493)
12 months or more, Fair Value	541	936
12 months or more, Unrealized loss	(15)	(16)
Total Fair Value	8,356	87,991
Total Unrealized loss	(193)	(509)
Investment Securities Held-to-Maturity, Total temporarily impaired securities
12 months or more, Fair Value	3,358	3,308
12 months or more, Unrealized loss	(421)	(525)
Total Fair Value	3,358	3,308
Total Unrealized loss	(421)	(525)
U.S. government-sponsored agencies
Investment Securities Available-for-Sale, Total temporarily impaired securities
Less than 12 months, Fair Value		9,970
Less than 12 months, Unrealized loss		(30)
Total Fair Value		9,970
Total Unrealized loss		(30)
TBA mortgage-backed securities
Investment Securities Available-for-Sale, Total temporarily impaired securities
Less than 12 months, Fair Value	3,197	46,772
Less than 12 months, Unrealized loss	(134)	(202)
12 months or more, Fair Value	541	677
12 months or more, Unrealized loss	(15)	(15)
Total Fair Value	3,738	47,449
Total Unrealized loss	(149)	(217)
Municipal securities
Investment Securities Available-for-Sale, Total temporarily impaired securities
Less than 12 months, Fair Value	4,618	30,313
Less than 12 months, Unrealized loss	(44)	(261)
12 months or more, Fair Value		259
12 months or more, Unrealized loss		(1)
Total Fair Value	4,618	30,572
Total Unrealized loss	(44)	(262)
Pooled trust preferred securities
Investment Securities Held-to-Maturity, Total temporarily impaired securities
12 months or more, Fair Value	3,358	3,308
12 months or more, Unrealized loss	(421)	(525)
Total Fair Value	3,358	3,308
Total Unrealized loss	$ (421)	$ (525)

Investment Securities - Other36

Investment Securities - Other information (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Investment Securities and Other Investments
Percentage of the company's mortgage-related securities guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation and the Government National Mortgage Association		99.00%
Investment	$ 3,780,000	$ 3,780,000	$ 3,836,000
Other-than-temporary impairment recognized on remaining securities	0	0
Trading Securities	6,958,000	6,958,000	5,881,000
Cash equivalents
Investment Securities and Other Investments
Trading Securities	1,025,000	1,025,000	702,000
Mutual funds
Investment Securities and Other Investments
Trading Securities	5,933,000	5,933,000	$ 5,179,000
Non-government non-agency mortgage-related securities
Investment Securities and Other Investments
Investment	$ 796,000	$ 796,000

Investment Securities - Interes

Investment Securities - Interest and dividends on Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest and dividends on securities:
Taxable	$ 1,829	$ 1,963	$ 5,900	$ 5,216
Tax-exempt	1,075	1,062	3,209	3,163
Dividends	191	157	604	452
Interest and dividends on securities	$ 3,095	$ 3,182	$ 9,713	$ 8,831

Loans Receivable and Allowanc38

Loans Receivable and Allowance for Loan Losses (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)item	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Loans receivable and allowance for loan losses
Loans receivable, gross	$ 3,229,136		$ 3,060,836	$ 2,922,611
Net deferred fees	(4,313)		(4,526)
Loans receivable, net of deferred fees and costs	3,224,823		3,056,310
Allowance for loan losses	(33,641)	$ (32,984)	(31,723)	(31,572)	$ (30,198)	$ (28,275)
Loans receivable, net	$ 3,191,182		3,024,587
Number of components in loan portfolio | item	2
Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	$ 3,140,848		2,958,171
Net deferred fees	(4,313)		(4,526)
Loans receivable, net of deferred fees and costs	3,136,535		2,953,645
Allowance for loan losses	(33,199)		(31,564)
Loans receivable, net	3,103,336		2,922,081
Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	88,288		102,665
Loans receivable, net of deferred fees and costs	88,288		102,665
Allowance for loan losses	(442)		(159)
Loans receivable, net	87,846		102,506
Commercial and industrial
Loans receivable and allowance for loan losses
Loans receivable, gross	336,776		379,687	346,729
Allowance for loan losses	(1,351)	(1,491)	(1,623)	(2,043)	(2,045)	(2,061)
Commercial and industrial | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	326,500		366,549
Commercial and industrial | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	10,276		13,138
Real estate - commercial
Loans receivable and allowance for loan losses
Loans receivable, gross	1,694,657		1,500,305	1,360,624
Allowance for loan losses	(22,868)	(21,777)	(20,356)	(19,056)	(18,216)	(17,820)
Real estate - commercial | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	1,626,148		1,421,976
Real estate - commercial | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	68,509		78,329
Real estate - construction
Loans receivable and allowance for loan losses
Loans receivable, gross	573,259		573,601	624,127
Allowance for loan losses	(7,585)	(7,803)	(7,877)	(8,915)	(7,789)	(6,105)
Real estate - construction | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	572,022		572,260
Real estate - construction | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	1,237		1,341
Real estate - residential
Loans receivable and allowance for loan losses
Loans receivable, gross	457,732		445,766	435,845
Allowance for loan losses	(1,596)	(1,652)	(1,462)	(1,388)	(1,881)	(1,954)
Real estate - residential | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	451,926		439,346
Real estate - residential | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	5,806		6,420
Home equity lines
Loans receivable and allowance for loan losses
Loans receivable, gross	161,328		156,631	150,541
Allowance for loan losses	(201)	(222)	(377)	(144)	(236)	(301)
Home equity lines | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	159,318		153,762
Home equity lines | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	2,010		2,869
Consumer
Loans receivable and allowance for loan losses
Loans receivable, gross	5,384		4,846	4,745
Allowance for loan losses	(40)	$ (39)	(28)	$ (26)	$ (31)	$ (34)
Consumer | Originated
Loans receivable and allowance for loan losses
Loans receivable, gross	4,934		4,278
Consumer | Acquired
Loans receivable and allowance for loan losses
Loans receivable, gross	$ 450		$ 568

Loans Receivable and Allowanc39

Loans Receivable and Allowance for Loan Losses - Acquired (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Loans receivable and allowance for loan losses
Carrying amount	$ 5,895	$ 7,723	$ 10,307
Purchased credit impaired loans
Loans receivable and allowance for loan losses
Outstanding principal balance	8,984	10,886
Carrying amount	5,895	7,723
Purchased performing loans
Loans receivable and allowance for loan losses
Outstanding principal balance	83,785	96,392
Carrying amount	82,393	94,942
Acquired
Loans receivable and allowance for loan losses
Outstanding principal balance	92,769	107,278
Carrying amount	$ 88,288	$ 102,665

Loans Receivable and Allowanc40

Loans Receivable and Allowance for Loan Losses - Accretion (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Changes in the accretable discount which includes income recognized from contractual interest cash flows
Balance at the beginning of the period			$ (4,613,000)	$ (5,053,000)	$ (5,053,000)
Charge-offs					504,000
Recoveries			(61,000)		(55,000)
Accretion			193,000		(9,000)
Balance at the end of the period	$ (4,481,000)		(4,481,000)		(4,613,000)
Provision for loan losses	990,000	$ (547,000)	1,670,000	$ 939,000	$ 1,388,000
Acquired
Changes in the accretable discount which includes income recognized from contractual interest cash flows
Provision for loan losses	$ (5,000)		$ 442,000

Loans Receivable and Allowanc41

Loans Receivable and Allowance for Loan Losses - Impairment Evaluation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Allowance for loan losses:
Balance at the beginning of year	$ 32,984	$ 30,198	$ 31,723	$ 28,275	$ 28,275
Charge-offs	(381)	(28)	(471)	(145)	(291)
Recoveries	48	1,949	719	2,503	2,351
Provision for loan losses	990	(547)	1,670	939	1,388
Balance at the end of year	33,641	31,572	33,641	31,572	31,723
Ending Balance, Collectively evaluated for impairment	33,641	31,572	33,641	31,572	31,723
Loans Receivable:
Ending Balance	3,229,136	2,922,611	3,229,136	2,922,611	3,060,836
Ending Balance, Individually evaluated for impairment	2,565	7,425	2,565	7,425	7,147
Ending Balance, Purchased Credit Impaired Loans	5,895	10,307	5,895	10,307	7,723
Ending Balance, Collectively evaluated for impairment	3,220,676	2,904,879	3,220,676	2,904,879	3,045,966
Purchased credit impaired loans
Allowance for loan losses:
Ending Balance, Collectively evaluated for impairment	0	0	0	0
Loans Receivable:
Ending Balance, Purchased Credit Impaired Loans	5,895		5,895		7,723
Commercial and industrial
Allowance for loan losses:
Balance at the beginning of year	1,491	2,045	1,623	2,061	2,061
Charge-offs	(190)		(227)	(15)	(144)
Recoveries	38	456	183	657	485
Provision for loan losses	12	(458)	(228)	(660)	(779)
Balance at the end of year	1,351	2,043	1,351	2,043	1,623
Ending Balance, Collectively evaluated for impairment	1,351	2,043	1,351	2,043	1,623
Loans Receivable:
Ending Balance	336,776	346,729	336,776	346,729	379,687
Ending Balance, Individually evaluated for impairment	579	960	579	960	893
Ending Balance, Purchased Credit Impaired Loans	78	1,840	78	1,840	863
Ending Balance, Collectively evaluated for impairment	336,119	343,929	336,119	343,929	377,931
Real estate - commercial
Allowance for loan losses:
Balance at the beginning of year	21,777	18,216	20,356	17,820	17,820
Charge-offs				(38)
Recoveries		1,478	50	1,802	1,802
Provision for loan losses	1,091	(638)	2,462	(528)	734
Balance at the end of year	22,868	19,056	22,868	19,056	20,356
Ending Balance, Collectively evaluated for impairment	22,868	19,056	22,868	19,056	20,356
Loans Receivable:
Ending Balance	1,694,657	1,360,624	1,694,657	1,360,624	1,500,305
Ending Balance, Individually evaluated for impairment	1,986	6,322	1,986	6,322	5,616
Ending Balance, Purchased Credit Impaired Loans	3,826	6,276	3,826	6,276	4,669
Ending Balance, Collectively evaluated for impairment	1,688,845	1,348,026	1,688,845	1,348,026	1,490,020
Real estate - construction
Allowance for loan losses:
Balance at the beginning of year	7,803	7,789	7,877	6,105	6,105
Recoveries		5	451	16	22
Provision for loan losses	(218)	1,121	(743)	2,794	1,750
Balance at the end of year	7,585	8,915	7,585	8,915	7,877
Ending Balance, Collectively evaluated for impairment	7,585	8,915	7,585	8,915	7,877
Loans Receivable:
Ending Balance	573,259	624,127	573,259	624,127	573,601
Ending Balance, Purchased Credit Impaired Loans	1,237	1,340	1,237	1,340	1,341
Ending Balance, Collectively evaluated for impairment	572,022	622,787	572,022	622,787	572,260
Real estate - residential
Allowance for loan losses:
Balance at the beginning of year	1,652	1,881	1,462	1,954	1,954
Charge-offs	(190)	(28)	(190)	(28)	(28)
Recoveries	10	10	35	28	42
Provision for loan losses	124	(475)	289	(566)	(506)
Balance at the end of year	1,596	1,388	1,596	1,388	1,462
Ending Balance, Collectively evaluated for impairment	1,596	1,388	1,596	1,388	1,462
Loans Receivable:
Ending Balance	457,732	435,845	457,732	435,845	445,766
Ending Balance, Individually evaluated for impairment					587
Ending Balance, Purchased Credit Impaired Loans	260	345	260	345	338
Ending Balance, Collectively evaluated for impairment	457,472	435,500	457,472	435,500	444,841
Home equity lines
Allowance for loan losses:
Balance at the beginning of year	222	236	377	301	301
Charge-offs			(51)	(48)	(48)
Provision for loan losses	(21)	(92)	(125)	(109)	124
Balance at the end of year	201	144	201	144	377
Ending Balance, Collectively evaluated for impairment	201	144	201	144	377
Loans Receivable:
Ending Balance	161,328	150,541	161,328	150,541	156,631
Ending Balance, Individually evaluated for impairment		143		143	51
Ending Balance, Purchased Credit Impaired Loans	494	506	494	506	512
Ending Balance, Collectively evaluated for impairment	160,834	149,892	160,834	149,892	156,068
Consumer
Allowance for loan losses:
Balance at the beginning of year	39	31	28	34	34
Charge-offs	(1)		(3)	(16)	(71)
Provision for loan losses	2	(5)	15	8	65
Balance at the end of year	40	26	40	26	28
Ending Balance, Collectively evaluated for impairment	40	26	40	26	28
Loans Receivable:
Ending Balance	5,384	4,745	5,384	4,745	4,846
Ending Balance, Collectively evaluated for impairment	$ 5,384	$ 4,745	$ 5,384	$ 4,745	$ 4,846

Loans Receivable and Allowanc42

Loans Receivable and Allowance for Loan Losses - Aging (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Nonaccrual and Past Due Loans
Total Loans	$ 3,229,136	$ 3,060,836	$ 2,922,611
Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due	394	1,047
Current	3,140,454	2,957,124
Total Loans	3,140,848	2,958,171
Nonaccrual Loans		109
Originated | Financing Receivables, 30 to 59 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due	394	351
Originated | Financing Receivables, 60 to 89 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		587
Originated | Financing Receivables, 90 Days or More Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		109
Acquired
Nonaccrual and Past Due Loans
Recorded Investment Past Due		342
Current	88,288	102,323
Total Loans	88,288	102,665
Nonaccrual Loans		342
Acquired | Financing Receivables, 90 Days or More Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		342
Commercial and industrial
Nonaccrual and Past Due Loans
Total Loans	336,776	379,687	346,729
Commercial and industrial | Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due	386	58
Current	326,114	366,491
Total Loans	326,500	366,549
Nonaccrual Loans		58
Commercial and industrial | Originated | Financing Receivables, 30 to 59 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due	386
Commercial and industrial | Originated | Financing Receivables, 90 Days or More Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		58
Commercial and industrial | Acquired
Nonaccrual and Past Due Loans
Recorded Investment Past Due		342
Current	10,276	12,796
Total Loans	10,276	13,138
Nonaccrual Loans		342
Commercial and industrial | Acquired | Financing Receivables, 90 Days or More Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		342
Owner occupied | Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due	3
Current	394,305	360,287
Total Loans	394,308	360,287
Owner occupied | Originated | Financing Receivables, 30 to 59 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due	3
Owner occupied | Acquired
Nonaccrual and Past Due Loans
Current	31,740	37,450
Total Loans	31,740	37,450
Non-owner occupied | Originated
Nonaccrual and Past Due Loans
Current	1,231,840	1,061,689
Total Loans	1,231,840	1,061,689
Non-owner occupied | Acquired
Nonaccrual and Past Due Loans
Current	36,769	40,879
Total Loans	36,769	40,879
Residential | Originated
Nonaccrual and Past Due Loans
Current	236,873	257,679
Total Loans	236,873	257,679
Residential | Acquired
Nonaccrual and Past Due Loans
Current	750	811
Total Loans	750	811
Commercial | Originated
Nonaccrual and Past Due Loans
Current	335,149	314,581
Total Loans	335,149	314,581
Commercial | Acquired
Nonaccrual and Past Due Loans
Current	487	530
Total Loans	487	530
Single family | Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due		938
Current	215,985	250,063
Total Loans	215,985	251,001
Single family | Originated | Financing Receivables, 30 to 59 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		351
Single family | Originated | Financing Receivables, 60 to 89 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		587
Single family | Acquired
Nonaccrual and Past Due Loans
Current	5,806	6,420
Total Loans	5,806	6,420
Multi-family | Originated
Nonaccrual and Past Due Loans
Current	235,941	188,345
Total Loans	235,941	188,345
Home equity lines
Nonaccrual and Past Due Loans
Total Loans	161,328	156,631	$ 150,541
Home equity lines | Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due		51
Current	159,318	153,711
Total Loans	159,318	153,762
Nonaccrual Loans		51
Home equity lines | Originated | Financing Receivables, 90 Days or More Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due		51
Home equity lines | Acquired
Nonaccrual and Past Due Loans
Current	2,010	2,869
Total Loans	2,010	2,869
Installment | Originated
Nonaccrual and Past Due Loans
Current	4,462	3,830
Total Loans	4,462	3,830
Installment | Acquired
Nonaccrual and Past Due Loans
Current	450	568
Total Loans	450	568
Credit cards | Originated
Nonaccrual and Past Due Loans
Recorded Investment Past Due	5
Current	467	448
Total Loans	472	$ 448
Credit cards | Originated | Financing Receivables, 30 to 59 Days Past Due
Nonaccrual and Past Due Loans
Recorded Investment Past Due	$ 5

Loans Receivable and Allowanc43

Loans Receivable and Allowance for Loan Losses - Related Allowance (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Originated
Recorded Investment
Total	$ 2,565	$ 7,147
Unpaid Principal Balance
Total	2,980	8,015
Interest Income Recognized
Total	12	39
Average Recorded Investment
Total	3,975	4,514
Acquired
Recorded Investment
Total	1,237	1,062
Unpaid Principal Balance
Total	1,516	1,322
Interest Income Recognized
Total	14	5
Average Recorded Investment
Total	1,187	2,025
Commercial and industrial | Originated
Recorded Investment
With no related allowance	579	893
Total	579	893
Unpaid Principal Balance
With no related allowance	579	916
Total	579	916
Interest Income Recognized
With no related allowance	3	1
Total	3	1
Average Recorded Investment
With no related allowance	722	1,026
Total	722	1,026
Commercial and industrial | Acquired
Recorded Investment
With no related allowance		342
Total		342
Unpaid Principal Balance
With no related allowance		470
Total		470
Average Recorded Investment
With no related allowance	85	459
Total	85	459
Real estate - commercial | Originated
Recorded Investment
Total	1,986	5,616
Unpaid Principal Balance
Total	2,401	6,461
Interest Income Recognized
Total	9	30
Average Recorded Investment
Total	2,914	2,953
Real estate - commercial | Acquired
Recorded Investment
Total		190
Unpaid Principal Balance
Total		225
Interest Income Recognized
Total		1
Average Recorded Investment
Total	47	728
Non-owner occupied | Originated
Recorded Investment
With no related allowance	1,986	5,616
Unpaid Principal Balance
With no related allowance	2,401	6,461
Interest Income Recognized
With no related allowance	9	30
Average Recorded Investment
With no related allowance	2,914	2,953
Non-owner occupied | Acquired
Recorded Investment
With no related allowance		190
Unpaid Principal Balance
With no related allowance		225
Interest Income Recognized
With no related allowance		1
Average Recorded Investment
With no related allowance	47	728
Real estate - construction | Originated
Average Recorded Investment
Total		125
Real estate - construction | Acquired
Recorded Investment
Total	1,237	530
Unpaid Principal Balance
Total	1,516	627
Interest Income Recognized
Total	14	4
Average Recorded Investment
Total	1,055	685
Residential | Acquired
Recorded Investment
With no related allowance	750
Unpaid Principal Balance
With no related allowance	895
Interest Income Recognized
With no related allowance	8
Average Recorded Investment
With no related allowance	559
Commercial | Originated
Average Recorded Investment
With no related allowance		125
Commercial | Acquired
Recorded Investment
With no related allowance	487	530
Unpaid Principal Balance
With no related allowance	621	627
Interest Income Recognized
With no related allowance	6	4
Average Recorded Investment
With no related allowance	496	685
Real estate - residential | Originated
Recorded Investment
Total		587
Unpaid Principal Balance
Total		587
Interest Income Recognized
Total		8
Average Recorded Investment
Total	147	294
Real estate - residential | Acquired
Average Recorded Investment
Total		153
Single family | Originated
Recorded Investment
With no related allowance		587
Unpaid Principal Balance
With no related allowance		587
Interest Income Recognized
With no related allowance		8
Average Recorded Investment
With no related allowance	147	294
Single family | Acquired
Average Recorded Investment
With no related allowance		153
Home equity lines | Originated
Recorded Investment
With no related allowance		51
Total		51
Unpaid Principal Balance
With no related allowance		51
Total		51
Average Recorded Investment
With no related allowance	192	116
Total	$ 192	$ 116

Loans Receivable and Allowanc44

Loans Receivable and Allowance for Loan Losses - TDR (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015loan	Sep. 30, 2016USD ($)itemloan	Sep. 30, 2015loan	Dec. 31, 2015USD ($)loan
Loans Receivable and Allowance for Loan Losses
Number of modified loans | loan	0	0	0	0
Number of TDR's outstanding | loan			2		2
TDRs outstanding | $	$ 356,000		$ 356,000		$ 365,000
Number of borrowers holding two TDR's | item			1
Number of acquired loans classified as TDRs | item			0
Restructured loans, loan loss reserves | $	0		$ 0		0
Outstanding commitments to advance additional funds | $	$ 0		$ 0		$ 0
Troubled Debt Restructurings with Payment Default In The Previous Twelve Months
Number of Loans | loan	0	0	0	0

Loans Receivable and Allowanc45

Loans Receivable and Allowance for Loan Losses - Risk Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Internal Risk Rating Grades
Loans receivable, gross	$ 3,229,136	$ 3,060,836	$ 2,922,611
Originated
Internal Risk Rating Grades
Loans receivable, gross	3,140,848	2,958,171
Acquired
Internal Risk Rating Grades
Loans receivable, gross	88,288	102,665
Commercial and industrial
Internal Risk Rating Grades
Loans receivable, gross	336,776	379,687	346,729
Commercial and industrial | Originated
Internal Risk Rating Grades
Loans receivable, gross	326,500	366,549
Commercial and industrial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	10,276	13,138
Real estate - commercial
Internal Risk Rating Grades
Loans receivable, gross	1,694,657	1,500,305	1,360,624
Real estate - commercial | Originated
Internal Risk Rating Grades
Loans receivable, gross	1,626,148	1,421,976
Real estate - commercial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	68,509	78,329
Owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	394,308	360,287
Owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross	31,740	37,450
Non-owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	1,231,840	1,061,689
Non-owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross	36,769	40,879
Real estate - construction
Internal Risk Rating Grades
Loans receivable, gross	573,259	573,601	624,127
Real estate - construction | Originated
Internal Risk Rating Grades
Loans receivable, gross	572,022	572,260
Real estate - construction | Acquired
Internal Risk Rating Grades
Loans receivable, gross	1,237	1,341
Residential | Originated
Internal Risk Rating Grades
Loans receivable, gross	236,873	257,679
Residential | Acquired
Internal Risk Rating Grades
Loans receivable, gross	750	811
Commercial | Originated
Internal Risk Rating Grades
Loans receivable, gross	335,149	314,581
Commercial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	487	530
Real estate - residential
Internal Risk Rating Grades
Loans receivable, gross	457,732	445,766	435,845
Real estate - residential | Originated
Internal Risk Rating Grades
Loans receivable, gross	451,926	439,346
Real estate - residential | Acquired
Internal Risk Rating Grades
Loans receivable, gross	5,806	6,420
Single family | Originated
Internal Risk Rating Grades
Loans receivable, gross	215,985	251,001
Single family | Acquired
Internal Risk Rating Grades
Loans receivable, gross	5,806	6,420
Multi-family | Originated
Internal Risk Rating Grades
Loans receivable, gross	235,941	188,345
Home equity lines
Internal Risk Rating Grades
Loans receivable, gross	161,328	156,631	150,541
Home equity lines | Originated
Internal Risk Rating Grades
Loans receivable, gross	159,318	153,762
Home equity lines | Acquired
Internal Risk Rating Grades
Loans receivable, gross	2,010	2,869
Consumer
Internal Risk Rating Grades
Loans receivable, gross	5,384	4,846	$ 4,745
Consumer | Originated
Internal Risk Rating Grades
Loans receivable, gross	4,934	4,278
Consumer | Acquired
Internal Risk Rating Grades
Loans receivable, gross	450	568
Installment | Originated
Internal Risk Rating Grades
Loans receivable, gross	4,462	3,830
Installment | Acquired
Internal Risk Rating Grades
Loans receivable, gross	450	568
Credit cards | Originated
Internal Risk Rating Grades
Loans receivable, gross	472	448
Pass | Originated
Internal Risk Rating Grades
Loans receivable, gross	3,137,448	2,942,168
Pass | Acquired
Internal Risk Rating Grades
Loans receivable, gross	78,361	96,292
Pass | Commercial and industrial | Originated
Internal Risk Rating Grades
Loans receivable, gross	325,465	364,932
Pass | Commercial and industrial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	10,245	12,744
Pass | Owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	394,308	360,287
Pass | Owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross	31,740	37,450
Pass | Non-owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	1,229,480	1,058,293
Pass | Non-owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross	28,110	35,430
Pass | Residential | Originated
Internal Risk Rating Grades
Loans receivable, gross	236,873	257,679
Pass | Residential | Acquired
Internal Risk Rating Grades
Loans receivable, gross		811
Pass | Commercial | Originated
Internal Risk Rating Grades
Loans receivable, gross	335,149	304,580
Pass | Single family | Originated
Internal Risk Rating Grades
Loans receivable, gross	215,985	250,063
Pass | Single family | Acquired
Internal Risk Rating Grades
Loans receivable, gross	5,806	6,420
Pass | Multi-family | Originated
Internal Risk Rating Grades
Loans receivable, gross	235,941	188,345
Pass | Home equity lines | Originated
Internal Risk Rating Grades
Loans receivable, gross	159,318	153,711
Pass | Home equity lines | Acquired
Internal Risk Rating Grades
Loans receivable, gross	2,010	2,869
Pass | Installment | Originated
Internal Risk Rating Grades
Loans receivable, gross	4,462	3,830
Pass | Installment | Acquired
Internal Risk Rating Grades
Loans receivable, gross	450	568
Pass | Credit cards | Originated
Internal Risk Rating Grades
Loans receivable, gross	467	448
OLEM | Originated
Internal Risk Rating Grades
Loans receivable, gross	835	8,856
OLEM | Acquired
Internal Risk Rating Grades
Loans receivable, gross	8,690	5,311
OLEM | Commercial and industrial | Originated
Internal Risk Rating Grades
Loans receivable, gross	456	724
OLEM | Commercial and industrial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	31	52
OLEM | Non-owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	374	3,396
OLEM | Non-owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross	8,659	5,259
OLEM | Commercial | Originated
Internal Risk Rating Grades
Loans receivable, gross		4,385
OLEM | Single family | Originated
Internal Risk Rating Grades
Loans receivable, gross		351
OLEM | Credit cards | Originated
Internal Risk Rating Grades
Loans receivable, gross	5
Substandard | Originated
Internal Risk Rating Grades
Loans receivable, gross	2,565	7,147
Substandard | Acquired
Internal Risk Rating Grades
Loans receivable, gross	1,237	1,062
Substandard | Commercial and industrial | Originated
Internal Risk Rating Grades
Loans receivable, gross	579	893
Substandard | Commercial and industrial | Acquired
Internal Risk Rating Grades
Loans receivable, gross		342
Substandard | Non-owner occupied | Originated
Internal Risk Rating Grades
Loans receivable, gross	1,986
Substandard | Non-owner occupied | Acquired
Internal Risk Rating Grades
Loans receivable, gross		190
Substandard | Residential | Acquired
Internal Risk Rating Grades
Loans receivable, gross	750
Substandard | Commercial | Originated
Internal Risk Rating Grades
Loans receivable, gross		5,616
Substandard | Commercial | Acquired
Internal Risk Rating Grades
Loans receivable, gross	$ 487	530
Substandard | Single family | Originated
Internal Risk Rating Grades
Loans receivable, gross		587
Substandard | Home equity lines | Originated
Internal Risk Rating Grades
Loans receivable, gross		$ 51

Derivative Instruments and He46

Derivative Instruments and Hedging Activities - General (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities
Period from closing within which loans held for sale are generally sold		30 days
Loans closed and presented as held for sale	$ 432,350,000	$ 432,350,000	$ 383,768,000
Rate Lock and Forward Loan Sales Commitments
Derivative Instruments and Hedging Activities
Notional amount	376,300,000	376,300,000
Forward Loan Sales Commitments
Derivative Instruments and Hedging Activities
Notional amount	136,600,000	136,600,000
Derivatives in Cash Flow Hedging Relationships
Derivative Instruments and Hedging Activities
Accumulated other comprehensive income included an unrealized loss, net of tax	201,000	201,000
Gain related to hedges that do not perfectly offset	$ 166,000	$ 590,000

Derivative Instruments and He47

Derivative Instruments and Hedging Activities - Balance Sheet Location and Fair Value of instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	$ 461,589
Asset Derivatives, Fair Value	13,834	$ 19,146
Liability Derivatives, Notional Amount	741,938
Liability Derivatives, Fair Value	2,797	2,458
Forward Loan Sales Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	116,606
Asset Derivatives, Fair Value	322
Forward Loan Sales Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	268,108
Liability Derivatives, Fair Value	819
TBA mortgage-backed securities | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	442,500
Liability Derivatives, Fair Value	1,838
Interest Rate Lock Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	344,983
Asset Derivatives, Fair Value	13,512
Interest Rate Lock Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	31,330
Liability Derivatives, Fair Value	140
Derivative Instruments Designated Within a Hedging Relationship
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	33,440
Asset Derivatives, Fair Value	182	1,985
Liability Derivatives, Notional Amount	66,150
Liability Derivatives, Fair Value	244	1,896
Derivative Instruments Designated Within a Hedging Relationship | Forward Loan Sales Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	33,440
Asset Derivatives, Fair Value	182	1,569
Derivative Instruments Designated Within a Hedging Relationship | Forward Loan Sales Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	66,150
Liability Derivatives, Fair Value	244	1,419
Derivative Instruments Designated Within a Hedging Relationship | Interest Rate Lock Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Fair Value		416
Derivative Instruments Designated Within a Hedging Relationship | Interest Rate Lock Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Fair Value		477
Derivative Instruments Not Designated Within a Hedging Relationship
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	428,149
Asset Derivatives, Fair Value	13,652	17,161
Liability Derivatives, Notional Amount	675,788
Liability Derivatives, Fair Value	2,553	562
Derivative Instruments Not Designated Within a Hedging Relationship | Forward Loan Sales Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	83,166
Asset Derivatives, Fair Value	140	16,784
Derivative Instruments Not Designated Within a Hedging Relationship | Forward Loan Sales Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	201,958
Liability Derivatives, Fair Value	575	168
Derivative Instruments Not Designated Within a Hedging Relationship | TBA mortgage-backed securities | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Fair Value		64
Derivative Instruments Not Designated Within a Hedging Relationship | TBA mortgage-backed securities | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	442,500
Liability Derivatives, Fair Value	1,838	181
Derivative Instruments Not Designated Within a Hedging Relationship | Interest Rate Lock Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	344,983
Asset Derivatives, Fair Value	13,512	313
Derivative Instruments Not Designated Within a Hedging Relationship | Interest Rate Lock Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	31,330
Liability Derivatives, Fair Value	$ 140	$ 213

Derivative Instruments and He48

Derivative Instruments and Hedging Activities - Realized Gain (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	$ 461,589		$ 461,589
Liability Derivatives, Notional Amount	741,938		741,938
Asset Derivatives, Fair Value	13,834		13,834		$ 19,146
Liability Derivatives, Fair Value	2,797		2,797		2,458
Derivative Instruments Not Designated Within a Hedging Relationship
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Income on Derivative	11,099	$ 17,758	57,175	$ 57,754
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	428,149		428,149
Liability Derivatives, Notional Amount	675,788		675,788
Asset Derivatives, Fair Value	13,652		13,652		17,161
Liability Derivatives, Fair Value	2,553		2,553		562
Interest Rate Lock Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	344,983		344,983
Asset Derivatives, Fair Value	13,512		13,512
Interest Rate Lock Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	31,330		31,330
Liability Derivatives, Fair Value	140		140
Interest Rate Lock Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	344,983		344,983
Asset Derivatives, Fair Value	13,512		13,512		313
Interest Rate Lock Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	31,330		31,330
Liability Derivatives, Fair Value	140		140		213
Interest Rate Lock Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Realized and unrealized gains on mortgage banking activities
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Income on Derivative	13,372	17,758	66,178	57,754
Interest Rate Lock Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Other Income
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Income on Derivative		1,441		2,434
TBA mortgage-backed securities | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	442,500		442,500
Liability Derivatives, Fair Value	1,838		1,838
TBA mortgage-backed securities | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Fair Value					64
TBA mortgage-backed securities | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	442,500		442,500
Liability Derivatives, Fair Value	1,838		1,838		181
TBA mortgage-backed securities | Derivative Instruments Not Designated Within a Hedging Relationship | Realized and unrealized gains on mortgage banking activities
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Income on Derivative	(1,838)		(5,950)
Forward Loan Sales Commitments | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	116,606		116,606
Asset Derivatives, Fair Value	322		322
Forward Loan Sales Commitments | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	268,108		268,108
Liability Derivatives, Fair Value	819		819
Forward Loan Sales Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Receivable and Other Assets
Derivative Instruments and Hedging Activities
Asset Derivatives, Notional Amount	83,166		83,166
Asset Derivatives, Fair Value	140		140		16,784
Forward Loan Sales Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Accrued Interest Payable and Other Liabilities
Derivative Instruments and Hedging Activities
Liability Derivatives, Notional Amount	201,958		201,958
Liability Derivatives, Fair Value	575		575		$ 168
Forward Loan Sales Commitments | Derivative Instruments Not Designated Within a Hedging Relationship | Other Income
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Income on Derivative	(435)	(1,441)	(3,053)	(2,434)
Derivatives in Cash Flow Hedging Relationships
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)	573	(1,264)	324	(1,208)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	(1,137)	(8,451)	(3,339)	885
Amount of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)		148		160
Derivatives in Cash Flow Hedging Relationships | Interest Rate Lock Commitments | Other Income
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)		(721)		(722)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)		900		900
Amount of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)		148		160
Derivatives in Cash Flow Hedging Relationships | Forward Loan Sales Commitments | Other Income
Impact of Derivative Instruments on the Statement of Income
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)	573	(543)	324	(486)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	$ (1,137)	$ (9,351)	$ (3,339)	$ (15)

Goodwill and Other Intangible49

Goodwill and Other Intangibles (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Gross Carrying Amount
Balance at the beginning of the period			$ 4,861,000
Balance at the end of the period	$ 4,861,000		4,861,000
Accumulated Amortization
Balance at the beginning of the period			3,292,000
Amortization	147,000	$ 180,000	461,000	$ 565,000
Balance at the end of the period	3,753,000		3,753,000
Estimated amortization expense
2016 (October - December)	134,000		134,000
2,017	454,000		454,000
2,018	313,000		313,000
2,019	172,000		172,000
2,020	35,000		35,000
Commercial Banking
Gross Carrying Amount
Balance at the beginning of the period			3,080,000
Balance at the end of the period	3,080,000		3,080,000
Accumulated Amortization
Balance at the beginning of the period			1,511,000
Amortization			461,000
Balance at the end of the period	1,972,000		1,972,000
Mortgage Banking
Gross Carrying Amount
Balance at the beginning of the period			1,781,000
Balance at the end of the period	1,781,000		1,781,000
Accumulated Amortization
Balance at the beginning of the period			1,781,000
Balance at the end of the period	$ 1,781,000		$ 1,781,000

Goodwill and Other Intangible50

Goodwill and Other Intangibles - Carrying Amount (Details) $ in Thousands	Sep. 30, 2016USD ($)
Goodwill
Balance at the beginning of the period	$ 35,007
Balance at the end of the period	35,007
Commercial Banking
Goodwill
Balance at the beginning of the period	24,887
Balance at the end of the period	24,887
Mortgage Banking
Goodwill
Balance at the beginning of the period	10,120
Balance at the end of the period	$ 10,120

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Commitments and Contingencies
Maximum expiration period of commitments	1 year
Standby letters of credit outstanding	$ 35,500,000
Amounts drawn	0
George Mason | Exposure to repurchase loans previously sold to investors
Commitments and Contingencies
Reserve for estimated exposure to repurchase loans previously sold to investors	0	$ 500,000
Floating rates
Commitments and Contingencies
Commitments to extend credit	1,200,000,000
Mortgage loan funding | George Mason
Commitments and Contingencies
Commitments to extend credit	$ 411,200,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Fair Value Measurements
Transfer in and out between level 1, level 2 and level 3	$ 0
Investment securities available-for-sale	387,150,000	$ 414,077,000
Investment securities - trading	6,958,000	5,881,000
Loans held for sale at fair value (in dollars)	272,457,000	175,814,000
U.S. government-sponsored agencies
Fair Value Measurements
Investment securities available-for-sale	40,970,000	72,905,000
TBA mortgage-backed securities
Fair Value Measurements
Investment securities available-for-sale	164,461,000	162,724,000
Municipal securities
Fair Value Measurements
Investment securities available-for-sale	181,719,000	178,448,000
Significant Other Observable Inputs (Level 2)
Fair Value Measurements
Loans held for sale at fair value (in dollars)	160,136,000	383,768,000
Recurring Fair Value Measurements | Fair Value
Fair Value Measurements
Investment securities available-for-sale	387,150,000	414,077,000
Investment securities - trading	6,958,000	5,881,000
Loans held for sale at fair value (in dollars)	238,254,000
Bank-owned life insurance	33,314,000	32,978,000
Recurring Fair Value Measurements | Fair Value | Rate Lock and Forward Loan Sales Commitments
Fair Value Measurements
Derivative asset	13,512,000	18,353,000
Derivative liability	819,000	1,587,000
Recurring Fair Value Measurements | Fair Value | Interest Rate Lock Commitments
Fair Value Measurements
Derivative asset	322,000	729,000
Derivative liability	140,000	690,000
Recurring Fair Value Measurements | Fair Value | U.S. government-sponsored agencies
Fair Value Measurements
Investment securities available-for-sale	40,970,000	72,905,000
Recurring Fair Value Measurements | Fair Value | TBA mortgage-backed securities
Fair Value Measurements
Investment securities available-for-sale	164,461,000	162,724,000
Derivative asset		64,000
Derivative liability	1,838,000	181,000
Recurring Fair Value Measurements | Fair Value | Municipal securities
Fair Value Measurements
Investment securities available-for-sale	181,719,000	178,448,000
Recurring Fair Value Measurements | Quoted Prices in Active markets for Identical Assets (Level 1) | TBA mortgage-backed securities
Fair Value Measurements
Derivative asset		64,000
Derivative liability	1,838,000	181,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2)
Fair Value Measurements
Investment securities available-for-sale	387,150,000	414,077,000
Investment securities - trading	6,958,000	5,881,000
Bank-owned life insurance	33,314,000	32,978,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2) | Rate Lock and Forward Loan Sales Commitments
Fair Value Measurements
Derivative asset	12,436,000	18,353,000
Derivative liability	819,000	1,587,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2) | Interest Rate Lock Commitments
Fair Value Measurements
Derivative asset	322,000	729,000
Derivative liability	140,000	690,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2) | U.S. government-sponsored agencies
Fair Value Measurements
Investment securities available-for-sale	40,970,000	72,905,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2) | TBA mortgage-backed securities
Fair Value Measurements
Investment securities available-for-sale	164,461,000	162,724,000
Recurring Fair Value Measurements | Significant Other Observable Inputs (Level 2) | Municipal securities
Fair Value Measurements
Investment securities available-for-sale	181,719,000	178,448,000
Recurring Fair Value Measurements | Significant Unobservable Inputs (Level 3)
Fair Value Measurements
Loans held for sale at fair value (in dollars)	238,254,000
Recurring Fair Value Measurements | Significant Unobservable Inputs (Level 3) | Rate Lock and Forward Loan Sales Commitments
Fair Value Measurements
Derivative asset	1,076,000
Nonrecurring Fair Value Measurements
Fair Value Measurements
Loans held for sale at fair value (in dollars)	$ 34,200,000	$ 335,000

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Recurring Fair Value Measurements (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Reconciliation of recurring fair value measurements
Originations of loans held for sale	$ 529,839
Sales of loans held for sale	(316,485)
Gains or losses during the period recognized in earnings	24,900
Ending Balance, September 30	$ 238,254

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information (Details) - Significant Unobservable Inputs (Level 3) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Loans held for sale | Market Pricing Analysis | Minimum
Fair Value Measurements
Range (Weighted Average)	0.09%
Loans held for sale | Market Pricing Analysis | Maximum
Fair Value Measurements
Range (Weighted Average)	0.49%
Loans held for sale | Market Pricing Analysis | Weighted Average
Fair Value Measurements
Range (Weighted Average)	0.23%
Loans held for sale | Fair Value
Fair Value Measurements
Assets, fair value	$ 238,254
Derivative asset attributable to mandatory rate lock commitments | Market Pricing Analysis | Minimum
Fair Value Measurements
Range (Weighted Average)	0.09%
Derivative asset attributable to mandatory rate lock commitments | Market Pricing Analysis | Maximum
Fair Value Measurements
Range (Weighted Average)	0.49%
Derivative asset attributable to mandatory rate lock commitments | Market Pricing Analysis | Weighted Average
Fair Value Measurements
Range (Weighted Average)	0.24%
Derivative asset attributable to mandatory rate lock commitments | Fair Value
Fair Value Measurements
Assets, fair value	$ 1,076

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amount (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financial assets:
Loans held for sale	$ 272,457	$ 175,814
Financial liabilities:
Demand deposits	757,184	657,398
Other borrowed funds	464,876	537,965
Quoted Prices in Active markets for Identical Assets (Level 1)
Financial assets:
Cash and cash equivalents	47,409	39,337
Accrued interest receivable	10,397	10,633
Financial liabilities:
Demand deposits	757,184	657,398
Interest checking	437,358	451,545
Money market and statement savings	825,819	740,372
Accrued interest payable	1,004	1,266
Significant Other Observable Inputs (Level 2)
Financial assets:
Investment securities held-to-maturity and other investments	22,095	20,970
Loans held for sale	160,136	383,768
Loans receivable, net	1,599	707
Financial liabilities:
Certificates of deposit	1,204,521	1,185,188
Other borrowed funds	470,807	540,755
Significant Unobservable Inputs (Level 3)
Financial assets:
Investment securities held-to-maturity and other investments		3,308
Loans receivable, net	3,212,044	3,004,553
Carrying Amount
Financial assets:
Cash and cash equivalents	47,409	39,337
Investment securities held-to-maturity and other investments	22,516	24,803
Loans held for sale	159,893	383,768
Loans receivable, net	3,191,182	3,024,587
Accrued interest receivable	10,397	10,633
Financial liabilities:
Demand deposits	757,184	657,398
Interest checking	437,358	451,545
Money market and statement savings	825,819	740,372
Certificates of deposit	1,204,139	1,183,456
Other borrowed funds	464,876	537,965
Accrued interest payable	1,004	1,266
Estimated Fair Value
Financial assets:
Cash and cash equivalents	47,409	39,337
Investment securities held-to-maturity and other investments	22,095	24,278
Loans held for sale	160,136	383,768
Loans receivable, net	3,213,643	3,005,260
Accrued interest receivable	10,397	10,633
Financial liabilities:
Demand deposits	757,184	657,398
Interest checking	437,358	451,545
Money market and statement savings	825,819	740,372
Certificates of deposit	1,204,521	1,185,188
Other borrowed funds	470,807	540,755
Accrued interest payable	$ 1,004	$ 1,266

Accumulated Other Comprehensi56

Accumulated Other Comprehensive Income - Changes in AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Changes in accumulated other comprehensive income
Balance			$ 413,147	$ 377,321
Other comprehensive income (loss), net of tax			2,751	(2,266)
Balance	$ 451,837	$ 405,223	451,837	405,223
Accumulated Other Comprehensive Income
Changes in accumulated other comprehensive income
Balance	10,611	7,488	7,042	10,166
Net unrealized gains (losses) during the period	(1,547)	565	3,000	(2,274)
Amounts reclassified from AOCI	729	(153)	(249)	8
Other comprehensive income (loss), net of tax	(818)	412	2,751	(2,266)
Balance	9,793	7,900	9,793	7,900
Available For Sale Securities
Changes in accumulated other comprehensive income
Balance	11,385	7,893	7,567	10,627
Net unrealized gains (losses) during the period	(1,391)	2,190	4,815	(289)
Amounts reclassified from AOCI		(514)	(2,388)	(769)
Other comprehensive income (loss), net of tax	(1,391)	1,676	2,427	(1,058)
Balance	9,994	9,569	9,994	9,569
Cash Flow Hedges
Changes in accumulated other comprehensive income
Balance	(774)	(405)	(525)	(461)
Net unrealized gains (losses) during the period	(156)	(1,625)	(1,815)	(1,985)
Amounts reclassified from AOCI	729	361	2,139	777
Other comprehensive income (loss), net of tax	573	(1,264)	324	(1,208)
Balance	$ (201)	$ (1,669)	$ (201)	$ (1,669)

Accumulated Other Comprehensi57

Accumulated Other Comprehensive Income - Reclassifications from AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassifications from accumulated other comprehensive income
Net realized gain on investment securities-available for sale		$ 769	$ 3,726	$ 1,151
Realized and unrealized gains on mortgage banking activities	$ 15,623	8,113	45,070	35,391
Tax (expense) or benefit	(6,609)	(5,244)	(20,339)	(19,249)
Net income	12,522	11,209	39,690	38,319
Amount Reclassified from AOCI
Reclassifications from accumulated other comprehensive income
Net income	(729)	153	1,178	(8)
Available For Sale Securities | Amount Reclassified from AOCI
Reclassifications from accumulated other comprehensive income
Net realized gain on investment securities-available for sale		769	3,726	1,151
Tax (expense) or benefit		(255)	(1,338)	(382)
Net income		514	2,388	769
Cash Flow Hedges | Amount Reclassified from AOCI
Reclassifications from accumulated other comprehensive income
Tax (expense) or benefit	408	202	1,200	435
Net income	(729)	(361)	(2,139)	(777)
Cash Flow Hedges | Amount Reclassified from AOCI | Forward Loan Sales Commitments
Reclassifications from accumulated other comprehensive income
Realized and unrealized gains on mortgage banking activities	$ (1,137)	$ (563)	$ (3,339)	$ (1,212)